Exercise of Tandem SARs. Tandem SARs may be exercised for all or part of the Shares subject to the related Option upon the surrender of the right to exercise the equivalent portion of the related Option. A Tandem SAR may be exercised only with respect to the Shares for which its related Option is then exercisable.
Appears in 6 contracts
Samples: 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co), 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co), 2003 Omnibus Equity Incentive Plan (Central Garden & Pet Co)
Exercise of Tandem SARs. Tandem SARs may be exercised for all or part of the Shares subject to the related Option Option, upon the surrender of the right to exercise the equivalent portion of the related Option. A Tandem SAR may be exercised only with respect to the Shares for which its related Option is then exercisable.
Appears in 1 contract
Samples: Warrant Agreement
