Common use of Exercise of Stock Appreciation Rights Clause in Contracts

Exercise of Stock Appreciation Rights. (a) A Stock Appreciation Right granted concurrently with an Option shall be exercisable only at such time or times, and to the extent, that the related Option shall be exercisable and only when the Fair Market Value of the stock subject to the related Option exceeds the exercise price of the related Option.

Appears in 3 contracts

Samples: Windswept Environmental Group Inc, Us Search Corp Com, Alcohol Sensors International LTD

AutoNDA by SimpleDocs

Exercise of Stock Appreciation Rights. (a) A Stock Appreciation Right granted concurrently with an Option shall be exercisable only at such time or times, and to the extent, that the related Option shall be exercisable and only when the Fair Market Value of the stock subject to the related Option exceeds the exercise price of the related Option.

Appears in 1 contract

Samples: Aecom Technology Corp

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.