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.
AutoNDA by SimpleDocs
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. 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.
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.

Related to Stock Appreciation Rights Plan

  • Stock Appreciation Rights The Grantee or other person entitled to exercise this Option is further hereby granted the right ("Stock Appreciation Right") in lieu of exercising this Option or any portion thereof to receive an amount equal to the lesser of (a) the excess of the Fair Market Value of the stock subject to this Option or such portion thereof over the aggregate exercise price for such shares hereunder as of the date the Stock Appreciation Right is exercised, or (b) 200% of the aggregate exercise price for such shares hereunder. The amount payable upon exercise of such Stock Appreciation Right may be settled by payment in cash or in shares of the class then subject to this Option valued on the basis of their Fair Market Value on the date Stock Appreciation Right is exercised, or in a combination of cash and such shares so valued. No Stock Appreciation Right may be exercised, in whole or in part, (i) other than in connection with the contemporaneous surrender without exercise of this Option or the portion thereof that corresponds to the portion of the Stock Appreciation Right being exercised, or (ii) except to the extent that this Option or such portion thereof is exercisable on the date of exercise of the Stock Appreciation Right by the Person exercising the Stock Appreciation Right, or (iii) unless the class of stock then subject to this Option is then Publicly Traded.

  • Grant of Stock Appreciation Rights Subject to the terms and conditions of the Plan and this Agreement, the Company hereby grants this Award to the Participant on the Grant Date on the terms set forth on the cover page of this Agreement, as more fully described in this Attachment A. This Award is granted under the Plan, which is incorporated herein by this reference and made a part of this Agreement.

  • Grant of Stock Appreciation Right Subject to the terms and conditions provided in this Agreement and the Plan, and in exchange for the Option, the Company hereby grants to the Grantee a stock appreciation right covering _______ shares of Common Stock (the "SAR"), effective as of the Grant Date.

  • Restricted Stock and Stock Options Employer shall cause the Compensation Committee of the Board of Directors of Employer to review whether Employee should be granted shares of restricted stock and/or options to purchase shares of common stock of CBSI. Such review may be conducted pursuant to the terms of the Community Bank System, Inc. 2014 Long-Term Incentive Plan, a successor plan, or independently, as the Compensation Committee shall determine. Reviews shall be conducted no less frequently than annually.

  • Stock Incentive Plans Nothing in this Agreement shall be construed or applied to preclude or restrain the General Partner from adopting, modifying or terminating stock incentive plans for the benefit of employees, directors or other business associates of the General Partner, the Partnership or any of their Affiliates or from issuing REIT Shares, Capital Shares or New Securities pursuant to any such plans. The General Partner may implement such plans and any actions taken under such plans (such as the grant or exercise of options to acquire REIT Shares, or the issuance of restricted REIT Shares), whether taken with respect to or by an employee or other service provider of the General Partner, the Partnership or its Subsidiaries, in a manner determined by the General Partner, which may be set forth in plan implementation guidelines that the General Partner may establish or amend from time to time. The Partners acknowledge and agree that, in the event that any such plan is adopted, modified or terminated by the General Partner, amendments to this Agreement may become necessary or advisable and that any approval or Consent to any such amendments requested by the General Partner shall be deemed granted by the Limited Partners. The Partnership is expressly authorized to issue Partnership Units (i) in accordance with the terms of any such stock incentive plans, or (ii) in an amount equal to the number of REIT Shares, Capital Shares or New Securities issued pursuant to any such stock incentive plans, without any further act, approval or vote of any Partner or any other Persons.

  • Restricted Stock Awards Each Restricted Stock Award shall be evidenced by a Restricted Stock Award Agreement, which shall comply with and be subject to the following terms and conditions:

  • Restricted Stock Unit As part of Executive's employment, Executive was awarded restricted stock units pursuant to the terms of a Restricted Stock Unit Award Agreement and The CoreLogic, Inc. 2006 Incentive Compensation Plan or the plan in effect from time to time (collectively, the "Plan Documents"), the terms of which are incorporated herein by reference. This Agreement shall constitute a separation agreement for purposes of determining the Period of Restriction, as defined in the Plan Documents. If Executive signs and returns this Agreement, the Period of Restriction applicable to Executive's outstanding, unvested restricted stock units will lapse as provided in, and subject to the provisions of, the Plan Documents. Executive agrees that Executive will not engage in Detrimental Activity, as defined in the Restricted Stock Unit Award Agreement.

  • Restricted Stock Unit Award Subject to the terms and conditions of the Plan and this Award Agreement, the Company hereby grants to the Participant the number of Restricted Stock Units indicated in the Notice of Grant (the “RSUs”). Each RSU represents one notional Share.

  • Share Options With respect to the share options (the “Share Options”) granted pursuant to the share-based compensation plans of the Company and its subsidiaries (the “Company Share Plans”), (i) each Share Option intended to qualify as an “incentive stock option” under Section 422 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”), so qualifies, (ii) each grant of a Share Option was duly authorized no later than the date on which the grant of such Share Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required shareholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Share Plans, the Exchange Act, and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange (the “Exchange”), and (iv) each such grant was properly accounted for in accordance with IFRS in the financial statements (including the related notes) of the Company. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Share Options prior to, or otherwise coordinating the grant of Share Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.

  • Stock Incentives Executive shall be entitled to such vesting or other benefits as are provided by the award agreement pertaining thereto.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!