Common use of Treatment of Unvested SAR upon Termination Clause in Contracts

Treatment of Unvested SAR upon Termination. Any portion of the SAR that is not vested as of the date of the Participant’s Termination for any reason shall terminate and expire as of the date of such Termination.

Appears in 19 contracts

Samples: Stock Appreciation Rights Agreement (European Sustainable Growth Acquisition Corp.), Stock Appreciation Rights Agreement (CM Life Sciences II Inc.), Stock Appreciation Rights Agreement (Masonite International Corp)

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Treatment of Unvested SAR upon Termination. Any portion of the SAR that is not vested as of the date of the Participant’s Termination (or, in the event of the Participant’s qualifying Termination pursuant to the circumstances described in Section 3(b)(i) hereof, the completion date of the Change in Control, if later) for any reason shall terminate and expire as of the date of such TerminationTermination or Change in Control, as applicable.

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (Masonite International Corp)

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