Common use of Exercise Price and Other Terms Clause in Contracts

Exercise Price and Other Terms. The Administrator, subject to the provisions of the Plan, shall have complete discretion to determine the terms and conditions of SARs granted under the Plan. The Exercise Price of each SAR shall be determined by the Administrator in its discretion but shall not be less than one hundred percent (100%) of the Fair Market Value of a Share on the Grant Date.

Appears in 3 contracts

Samples: 2007 Stock Incentive Plan (Epicor Software Corp), 2007 Stock Incentive Plan (Epicor Software Corp), 2007 Stock Incentive Plan (Epicor Software Corp)

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Exercise Price and Other Terms. The Administrator, subject to the provisions of the Plan, shall will have complete sole discretion to determine the terms and conditions of SARs granted under the Plan. The foregoing notwithstanding, the Exercise Price at the date of each SAR shall be determined by the Administrator in its discretion but grant shall not be less than one hundred percent (100%) of the Fair Market Value of a Share on the Grant DateSAR.

Appears in 1 contract

Samples: Stock Option Plan (Akorn Inc)

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