Common use of Term of Award Clause in Contracts

Term of Award. Unless the Award is earlier terminated pursuant to this Agreement, the term of the Award shall commence on the Date of Grant and terminate on the five (5) year anniversary of the Date of Grant (the “Termination Date”). No SARs shall be exercisable after the Termination Date.

Appears in 3 contracts

Samples: Stock Appreciation Rights Agreement (Stagwell Inc), Stock Appreciation Rights Agreement (Stagwell Inc), Stock Appreciation Rights Agreement (Stagwell Inc)

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Term of Award. Unless the Award is earlier terminated pursuant to this Agreement, the term of the Award shall commence on the Date of Grant and terminate on the five (5) year anniversary of the Date of Grant June 10, 2024 (the “Termination Date”). No SARs shall be exercisable after the Termination Date.

Appears in 2 contracts

Samples: Stock Appreciation Rights Agreement (MDC Partners Inc), Stock Appreciation Rights Agreement (MDC Partners Inc)

Term of Award. Unless the Award is earlier terminated pursuant to this Agreement, the term of the Award shall commence on the Date of Grant and terminate on the five (5) year anniversary of the Date of Grant June 17, 2024 (the “Termination Date”). No SARs shall be exercisable after the Termination Date.

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (MDC Partners Inc)

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Term of Award. Unless the Award is earlier terminated pursuant to this Agreement, the term of the Award shall commence on the Date of Grant and terminate on the five (5) year anniversary of the Date of Grant March 18, 2024 (the “Termination Date”). No SARs shall be exercisable after the Termination Date.

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (MDC Partners Inc)

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