Common use of Exercise of SSAR Clause in Contracts

Exercise of SSAR. a. Upon exercise of the SSARs, you shall be entitled to receive a number of shares of Common Stock of the Company (the "Stock") for each share with respect to which the SSARs are exercised equal to the quotient of (i) the excess of the Fair Market Value of one share of Stock on the date of exercise over the Per Share Xxxxx Xxxxx, divided by (ii) the Fair Market Value of one share of Stock on the date of exercise.

Appears in 3 contracts

Samples: www.sec.gov, Usana Health Sciences Inc, Usana Health Sciences Inc

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Exercise of SSAR. a. Upon exercise of the SSARs, you shall be entitled to receive a number of shares of Common Stock of the Company (the "Stock") for each share with respect to which the SSARs are exercised equal to the quotient of (i) the excess of the Fair Market Value of one share of Stock on the date of exercise over the Per Share Xxxxx Gxxxx Xxxxx, divided by (ii) the Fair Market Value of one share of Stock on the date of exercise.

Appears in 1 contract

Samples: Appreciation Right Award Agreement (Usana Health Sciences Inc)

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Exercise of SSAR. a. Upon exercise of the SSARs, you shall be entitled to receive a number of shares of Common Stock of the Company (the "Stock") for each share with respect to which the SSARs are exercised equal to the quotient of (i) the excess of the Fair Market Value of one share of Stock on the date of exercise over the Per Share Xxxxx Xxxxx, divided by (ii) the Fair Market Value of one share of Stock on the date of exercise.

Appears in 1 contract

Samples: Usana Health Sciences Inc

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