Common use of Value of SARs Clause in Contracts

Value of SARs. When a Participant exercises an SAR, the Participant shall receive in settlement of such SAR an amount equal to the value of the stock appreciation for the number of SARs exercised payable in cash, Common Stock or a combination thereof. The stock appreciation for an SAR is the amount by which the Fair Market Value of the underlying Common Stock on the date of exercise of the SAR exceeds the base amount of the SAR.

Appears in 4 contracts

Samples: MPT Operating Partnership, L.P., Atrion Corp, Equity Incentive Plan (Atrion Corp)

AutoNDA by SimpleDocs

Value of SARs. When a Participant exercises an SARSARs, the Participant shall receive in settlement of such SAR SARs an amount equal to the value of the stock appreciation for the number of SARs exercised payable in cash, Common Stock or a combination thereofexercised. The stock appreciation for an a SAR is the amount by which the Fair Market Value of the underlying Common Stock Shares on the date of exercise of the SAR exceeds the base amount of the SARSAR as described in subsection (a).

Appears in 1 contract

Samples: Subscription Agreement (Forbion European Acquisition Corp.)

Value of SARs. When a Participant exercises an a SAR, the Participant shall receive in settlement of such SAR an amount equal to the value of the stock share appreciation for the number of SARs exercised payable in cash, Common Stock Shares or a combination thereofthereof as specified in the applicable Award Agreement. The stock share appreciation for an a SAR is the amount by which the Fair Market Value of the underlying Common Stock Shares on the date of exercise of the SAR exceeds the base amount of the SAR.

Appears in 1 contract

Samples: Spirit Finance Corp

Value of SARs. When a Participant exercises an SARSARs, the Participant shall receive in settlement of such SAR SARs an amount equal to the value of the stock appreciation for the number of SARs exercised payable in cash, Common Stock or a combination thereofexercised. The stock appreciation for an a SAR is the amount by which the Fair Market Value of the underlying Common Class A Stock on the date of exercise of the SAR exceeds the base amount of the SARSAR as described in subsection (a).

Appears in 1 contract

Samples: Joinder Agreement (Roman DBDR Tech Acquisition Corp.)

AutoNDA by SimpleDocs

Value of SARs. When a Participant exercises an a SAR, the Participant shall receive in settlement of such SAR an amount equal to the value of the stock share appreciation for the number of SARs exercised payable in cash, Common Stock Shares or a combination thereof. The stock share appreciation for an a SAR is the amount by which the Fair Market Value of the underlying Common Stock Shares on the date of exercise of the SAR exceeds the base amount of the SAR.

Appears in 1 contract

Samples: GMH Communities Trust

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!