SAR Term. Subject to the provisions of Section 5 of this Agreement, the SARs that become vested pursuant to Section 2 hereof may be exercised at any time for a period of five (5) years from the Date of Grant (the “SAR Term”). Upon the expiration of the SAR Term, any vested and unexercised SARs shall be cancelled and no longer exercisable, and shall be of no further force or effect.
SAR Term. The term of the SAR (the “SAR Term”) shall commence on the Date of Grant set forth above and, unless the SAR is previously terminated pursuant to Section 5 below, shall terminate on the [ ] anniversary thereof (the “Expiration Date”). As of the Expiration Date, all rights of Grantee hereunder shall terminate.
SAR Term. All of the unexercised SARs shall expire on January 1, 2006. In no event shall any of the SARs awarded herein be exercisable after January 1, 2006.
SAR Term. (i) In General. Subject to the PLAN and Section 2(C)(ii) of this AGREEMENT, the vested portion of the SAR may be exercised at any time prior to the tenth anniversary of the GRANT DATE (the “EXPIRATION DATE”); provided, however, that the SAR may only be exercised when the FAIR MARKET VALUE of a share of COMPANY STOCK exceeds the EXERCISE PRICE.
SAR Term. (1) The Board shall determine, at the time of granting the particular SAR, the period during which the SAR is exercisable, which shall not be more than ten (10) years from the date the SAR is granted (“SAR Term”) and the vesting schedule of such SAR, which will be detailed in the applicable SAR Agreement. Unless otherwise determined by the Board, all unexercised SARs shall be cancelled at the expiry of the SAR Term.
SAR Term. The portion of the SAR that becomes vested pursuant to Section 3 hereof may be exercised at any time on or after the date of such vesting and prior to the expiration of the term of the SAR (the “SAR Term”). The SAR Term shall expire on the day prior to the tenth anniversary of the Date of Grant, unless earlier terminated in accordance with the terms of the Plan or upon termination of the Participant’s employment with the Company or any Subsidiary (“Termination of Employment”) in accordance with Section 5 hereof. Upon the expiration of the SAR Term, any unexercised portion of the SAR shall be cancelled and shall be of no further force or effect.
SAR Term. The SAR Award shall commence on the Grant Date (identified in Section 19 below) and terminate on the fifth (5th) anniversary of the Grant Date as specified in Section 16. The period during which the SAR Award is in effect and may be exercised is referred to herein as the “SAR Period”.
SAR Term. The SAR shall in no event be exercisable after the expiration of ten (10) years from the date of this Agreement.
SAR Term. The SAR shall have a term of 10 years measured from the Grant Date and shall accordingly expire at the close of business on the Expiration Date, unless terminated earlier in accordance with Section 5.
