Term of SARs. The term of an SAR granted under the Plan shall be determined by the Committee, in its sole discretion; provided, however, that such term shall not exceed ten (10) years.
Term of SARs. The SARs shall expire ten years following the Grant Date (the period between the Grant Date and such expiration date being the “SAR Term”), or earlier if clause (c) of this Section 2 applies.
Term of SARs. You may not exercise the SARs after they expire and you may only exercise the SARs in accordance with this Agreement.
Term of SARs. The term of the SARs shall be for a period commencing on the Grant Date and ending on the tenth (10th) anniversary of the Grant Date (the “Expiration Date”), subject to earlier termination as provided in Section 5. The SARs may be exercised within the foregoing limitations at any time or from time to time after the vesting dates specified in Section 3, above, as to any or all of the Shares with respect to which vesting has occurred.
Term of SARs. After the Sale Event’s closing Participant will have perpetual SARs with no expiration date. SARs would not be diluted by any subsequent grants of SARs or options and Tokens will represent the same number of SARs as determined after Sale Event’s closing.
Term of SARs. All unexercised SARs granted under this Award will expire on the tenth anniversary of the Date of Grant, subject to earlier termination as provided in the Plan and this Agreement.
Term of SARs. (a) Except as provided below, the term of the SARs shall be for a period of ten (10) years beginning as of June 15, 2003 (the “Deemed Grant Date”) and ending on June 15, 2013 (the “Expiration Date”).
(i) If the Grantee’s Service (as defined in this paragraph) terminates for cause, the SARs shall expire immediately and all rights to exercise the SARs shall cease. Termination for cause shall be determined by the Compensation Committee of the Company’s Board of Trustees (the “Committee”) in its discretion. For purposes of this Agreement, “Service” means service with the Company as a trustee and Grantee’s Service shall continue until he is no longer a trustee of the Company.
Term of SARs. The SARs shall terminate on the Expiration Date stated in the Notice (“Expiration Date”). Thereafter, the SARs shall not be exercisable.
Term of SARs. The xxxxx xxxxx of an SAR shall equal the Fair Market Value of a Share on the date of grant, provided that for each SAR granted in tandem with an Option, the xxxxx xxxxx shall be not less than the Option Price of the related Option. The term of an SAR granted under this Plan shall be determined by the Committee, in its sole discretion, provided that an SAR must expire no later than the tenth (10th) anniversary of the date the SAR was granted.
Term of SARs. The SARs listed in Section 3 below will expire upon the earlier of (a) the first anniversary of the Participant’s termination of employment or (b) October 31, 2014, unless sooner terminated in accordance with the Plan and this Agreement.
