Common use of SAR Term Clause in Contracts

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.

Appears in 4 contracts

Samples: Stock Appreciation Right Agreement (Amerigroup Corp), Stock Appreciation Right Agreement (Amerigroup Corp), Stock Appreciation Right Agreement (Amerigroup Corp)

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