Common use of Termination of Stock Appreciation Rights Clause in Contracts

Termination of Stock Appreciation Rights. The SARs granted by this Agreement will terminate and be of no force or effect at the close of business on the ten-year anniversary of the date they are granted, unless they terminate earlier as provided below. If you cease to be employed by the Company or one of its Affiliates, your SARs will terminate or be exercisable as follows:

Termination of Stock Appreciation Rights. The SARs granted by this Agreement will terminate and be of no force or effect at the close of business on the ten-year anniversary of the date they are granted, unless they terminate earlier as provided below. If you cease to be employed by the Company or one of its AffiliatesSubsidiaries, your SARs will terminate or be exercisable as follows: