Number of SSARs Granted. The total number of SSARs granted by the Company to a Participant is set forth on the first page of the ECP Award Agreement and is based on 4.5 times the Participant’s SSARs award value divided by the Fair Market Value of a Share on the Grant Date. By way of example: “If the Participant’s ECP Award value is $100 and the Participant elects to allocate the total ECP Award to SSARs, then the number of SSARs granted to the Participant would be equal to $100 multiplied by 4.5 divided by the Fair Market Value of a Share on the Grant Date. If the Fair Market Value of a Share on the Grant Date was $10 per Share, then the Participant would receive 45 SSARs.”
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Samples: Equity Choice Program Award Agreement (International Flavors & Fragrances Inc), Equity Choice Program Award Agreement (International Flavors & Fragrances Inc)
Number of SSARs Granted. The total number of SSARs granted by the Company to a Participant is set forth on the first page of the ECP Award Agreement and is based on 4.5 times the Participant’s SSARs award value divided by the Fair Market Value of a Share on the Grant Date. By way of example: “If the Participant’s ECP Award value is $100 and the Participant elects to allocate the total ECP Award to SSARs, then the number of SSARs granted to the Participant would be equal to $100 multiplied by 4.5 divided by the Fair Market Value of a Share on the Grant Date. If the Fair Market Value of a Share on the Grant Date was $10 per Share, then the Participant would receive 45 SSARs.”
Appears in 1 contract
Samples: Equity Choice Program Award Agreement (International Flavors & Fragrances Inc)
Number of SSARs Granted. The total number of SSARs granted by the Company to a the Participant is set forth on the first page of the ECP Award Agreement and is based on 4.5 5.0 times the Participant’s 's SSARs award value divided by the Fair Market Value of a Share on the Grant Date. By way of example: “"If the Participant’s 's ECP Award value is $100 and the Participant elects to allocate the total ECP Award to SSARs, then the number of SSARs granted to the Participant would be equal to $100 multiplied by 4.5 5.0 divided by the Fair Market Value of a Share on the Grant Date. If the Fair Market Value of a Share on the Grant Date was $10 per Share, then the Participant would receive 45 50 SSARs.”"
Appears in 1 contract
Samples: Equity Choice Program Award Agreement (International Flavors & Fragrances Inc)
