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: Equity Incentive Plan (MPT Operating Partnership, L.P.), Equity Incentive Plan (Atrion Corp), Atrion Corporation 2006 Equity Incentive Plan (Atrion Corp)

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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: Business Combination 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: 2003 Stock Option and Incentive Plan (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: Merger Agreement (Roman DBDR Tech Acquisition Corp.)

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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: Equity Incentive Plan (GMH Communities Trust)

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