Common use of Method of Exercise of SARs Clause in Contracts

Method of Exercise of SARs. 4.1 The SARs may be exercised only by the giving of written notice to the Company, which notice shall state the election to exercise, the number of SARs being exercised and the effective date of the exercise, which date may not be prior to the date of such notice.

Method of Exercise of SARs. 4.1 The SARs may be exercised only by the giving of written notice to the Company, which notice shall state the election to exercise, the number of SARs being exercised and the effective date of the exercise, which date may not be prior to the date of such notice.