Common use of Vesting of SARs Clause in Contracts

Vesting of SARs. Notwithstanding anything to the contrary in the Agreement or in the Plan, the Grantee shall be considered "Disabled" for the purposes of this Agreement, if the Grantee's employment contract ends as a consequence of the Grantee being granted a permanent statutory pension for full occupational disability (unbefristete Rente wegen xxxxxx Erwerbsminderung) by the competent authorities.

Appears in 4 contracts

Samples: Stock Appreciation Rights Agreement (ENVIRI Corp), Stock Appreciation Rights Agreement (Harsco Corp), Stock Appreciation Rights Agreement (Harsco Corp)

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