Stock Appreciation Rights Plan Sample Clauses

Stock Appreciation Rights Plan. Xxxxxxxxx shall retain all rights to Awards of Stock Appreciation Rights (“SAR Awards”) made pursuant to the Xxxxxx Xxxxxxx Savings Stock Appreciation Rights Plan adopted on January 1, 2006, attached hereto as Exhibit B, including amendments thereto.

Stock Appreciation Rights Plan. The Company will develop a stock ------------------------------ appreciation rights ("SAR") plan in which Employer (for the benefit of Employee) shall have the right to participate no later than April 30, 1997. The SAR plan shall be of a type equal to or better than that previously offered to Liberty Media employees of like status. The Company agrees to provide Employer (for benefit of Employee) with comparable economic value if a SAR plan for the Company is not enacted. In the event of a public offering, SARs will be converted to public stock.

Stock Appreciation Rights Plan. Prior to the Closing, the Company shall establish a stock appreciation rights plan and form of terms and conditions agreement for the benefit of the Transferred Employees in accordance with the terms provided in Exhibit A. In addition, as soon as practicable after May 3, 2002, the Company shall grant stock appreciation rights to certain Transferred Employees in accordance with the terms provided in Exhibit A. Prior to any stock appreciation right becoming exercisable, Conexant shall cause the shares of Conexant common stock issuable upon exercise of the Warrant to be registered for resale under the Securities Act of 1933, as amended, on a Securities and Exchange Commission Form S-3 providing for sale of such shares on a delayed or continuous basis. The Company shall keep such registration statement effective and available for use by the Company at all times during which the stock appreciation rights are exercisable.

Stock Appreciation Rights Plan. As an active key employee in Company and its affiliates, Employee shall have the right to participate in the current Crossfirst Holdings, LLC Stock Appreciation Rights Plan, as the same may be amended from time to time, (the “SAR Plan”) for certain eligible key employees, a copy of which has been provided by Employer. As a part of Employee’s compensation under this Agreement, Employee shall have the right to continued participation in the SAR Plan, subject to the vesting schedule set below or specifically set forth in other grants, and also subject to other rights described in the SAR Plan. Upon the Effective Date of this Agreement, Employee shall be granted an additional thirty thousand (30,000) shares at a Xxxxx Xxxxx of twenty eight 50/100 dollars ($28.50 per share vesting in increments of 10,000, shares on each of May 1, 2019, May 1, 2020, and May 1 2021. In addition to all other vesting rights under the SAR Plan, in the event of Employee’s resignation during the term, such grant of 30,000 shares will fully vest should Employee’s resignation be a result of an event that gives Employee “Good Reason for Resignation” as that term is defined in Section 3.1.(d) below. These shares are granted at no net cost to the employee. Employee’s rights in the shares may change in accordance with the provisions of the SAR Plan, as the same may be amended. The Company agrees that, under the SAR Plan, Employee shall be eligible for retirement on April 29, 2021. The Company agrees that, under the SAR Plan’s provision allowing for immediate vesting of all granted SAR shares held at least 12 full calendar months before retirement, as of the close of business on December 31, 2021, Employee shall be entitled to retire with a full vesting of all SAR shares granted to Employee on or before December 31, 2020. The Company agrees that it shall not amend the SAR Plan in any way that would adversely impact the accelerated vesting to which Employee is entitled upon retirement, death, disability or a change in control.