Common use of Limits on SARs Clause in Contracts

Limits on SARs. No Key Service Provider shall receive SARs during any Fiscal Year covering in excess of 500,000 Shares, subject to adjustment pursuant to Section 10.

Appears in 2 contracts

Samples: Stock Unit Agreement (GSL Holdings, Inc.), Stock Option Agreement (Global Ship Lease, Inc.)

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Limits on SARs. No Key Service Provider shall receive SARs during any Fiscal Year covering in excess of 500,000 1,500,000 Shares, subject to adjustment pursuant to Section 10.

Appears in 1 contract

Samples: Martha Stewart Living (Martha Stewart Living Omnimedia Inc)

Limits on SARs. No Key Service Provider shall receive SARs during any Fiscal Year covering in excess of 500,000 3,000,000 Shares, subject to adjustment pursuant to Section 10.

Appears in 1 contract

Samples: Stock Option Agreement (Foundry Networks Inc)

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Limits on SARs. No Key Service Provider shall receive SARs during any Fiscal Year covering in excess of 500,000 250,000 Shares, subject to adjustment pursuant to Section 10.

Appears in 1 contract

Samples: Global Ship Lease, Inc.

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