Common use of Termination of SARs Clause in Contracts

Termination of SARs. The SARs hereby granted shall terminate and be of no force and effect with respect to any shares of Common Stock not previously acquired by Xxxxx on the tenth (10th) anniversary of the Grant Date.

Appears in 12 contracts

Samples: Stock Appreciation Right Agreement (Sinclair Broadcast Group Inc), Stock Appreciation Right Agreement (Sinclair Broadcast Group Inc), Stock Appreciation Right Agreement (Sinclair Broadcast Group Inc)

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Termination of SARs. The SARs hereby granted shall terminate and be of no force and effect with respect to any shares of Common Stock not previously exercised or acquired by Xxxxx Employee on the tenth (10th) anniversary of the Grant Date.

Appears in 4 contracts

Samples: Stock Appreciation Right Agreement (Sinclair Broadcast Group Inc), Stock Appreciation Right Agreement (Sinclair Broadcast Group Inc), Stock Appreciation Right Agreement (Sinclair Broadcast Group Inc)

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Termination of SARs. The SARs hereby granted shall terminate and be of no force and effect with respect to any shares of Common Stock not previously acquired by Xxxxx Xxxxxx on the tenth (10th) anniversary of the Grant Date.

Appears in 3 contracts

Samples: Stock Appreciation Right Agreement (Sinclair Broadcast Group Inc), Stock Appreciation Right Agreement (Sinclair Broadcast Group Inc), Stock Appreciation Right Agreement (Sinclair Broadcast Group Inc)

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