Common use of Grant of SARs Clause in Contracts

Grant of SARs. For good and valuable consideration, on and as of the date hereof the Company grants to the Grantee an award of SARs (the “Award”) on the terms and conditions set forth in this Agreement. Each SAR represents the right to receive pursuant to this Agreement, upon exercise of the SAR, a payment from the Company in shares of Common Stock having a value equal to the excess of the Fair Market Value of one Share on the exercise date over the Base Price (as defined below).

Appears in 10 contracts

Samples: Stock Appreciation Rights Agreement (HCA Healthcare, Inc.), Stock Appreciation Rights Agreement (HCA Healthcare, Inc.), Stock Appreciation Rights Agreement (HCA Healthcare, Inc.)

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