Grant of SAR. Upon a Conversion Event, the Option shall automatically convert into an SAR, with each Option to purchase one Share converting into one SAR, and any rights to purchase Shares or any interest therein shall automatically terminate.
Appears in 5 contracts
Samples: Share Option and Share Appreciation Right Agreement (Gucci Group Nv), Share Option and Share Appreciation Right Agreement (Pinault Printemps Redoute S a /Fi), Incentive Stock Option Agreement (Gucci Group Nv)
