Term of SAR. The SAR may be exercised only during the period (the “SAR Period”) set forth in paragraph (f) below and shall remain exercisable until the tenth anniversary of the Date of Grant. Thereafter, the SAR Holder shall cease to have any rights in respect thereof. The right to exercise the SAR shall be subject to sooner termination as provided in paragraph (j) below.
Appears in 39 contracts
Samples: Appreciation Right Agreement (Arch Capital Group Ltd.), Share Appreciation Right Agreement (Arch Capital Group Ltd.), Share Appreciation Right Agreement (Arch Capital Group Ltd.)
