Common use of Right to Payment Clause in Contracts

Right to Payment. An SAR is a right to receive, upon exercise thereof, the excess of (A) the Fair Market Value of one share of Stock on the date of exercise over (B) the xxxxx xxxxx of the SAR as determined by the Committee.

Appears in 2 contracts

Samples: Unit Purchase Agreement (Dune Acquisition Corp), Merger Agreement (Dune Acquisition Corp)

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Right to Payment. An A SAR shall confer on the Participant to whom it is granted a right to receive, upon exercise thereof, the excess of (A) the Fair Market Value of one share of Stock on the date of exercise over (B) the xxxxx xxxxx of the SAR as determined by the Committee.

Appears in 1 contract

Samples: Incentive Compensation Plan (BKF Capital Group Inc)

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Right to Payment. An SAR shall confer on the Participant to whom it is granted a right to receive, upon exercise thereof, the excess of (A) the Fair Market Value of one share of Stock on the date of exercise over (B) the xxxxx xxxxx of the SAR as determined by the Committee.

Appears in 1 contract

Samples: Performance Share Unit Agreement (Oasis Petroleum Inc.)

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