Common use of When to Exercise Clause in Contracts

When to Exercise. Except as otherwise provided in the Plan or this Agreement, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) may exercise his or her vested SARs, in whole or in part, at any time after vesting and until the Expiration Date or earlier termination pursuant to Section 3 hereof, by following the procedures set forth in this Section 4. If partially exercised, the Participant may exercise the remaining unexercised portion of the SARs at any time after vesting and until the Expiration Date or earlier termination pursuant to Section 3 hereof. No SARs shall be exercisable after the Expiration Date.

Appears in 9 contracts

Samples: Stock Appreciation Rights Agreement (KwikClick, Inc.), Stock Appreciation Rights Agreement (Sigma Labs, Inc.), Stock Appreciation Rights Agreement (Geospatial Corp)

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When to Exercise. Except as otherwise provided in the Plan or this Agreement, the Participant (or in the case of exercise after the Participant’s death or incapacity, the Participant’s executor, administrator, heir or legatee, as the case may be) may exercise his or her vested SARs, in whole or in part, at any time after vesting and until the Expiration Date Date, or earlier termination pursuant to Section 3 4 hereof, by following the procedures set forth in this Section 45. If partially exercised, the Participant may exercise the remaining unexercised portion of the SARs SAR grant at any time after vesting and until the earlier of the Expiration Date or earlier other termination event pursuant to Section 3 4 hereof. No SARs shall be exercisable after the Expiration Date.

Appears in 1 contract

Samples: Stock Appreciation Rights Award Agreement (International Bancshares Corp)

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When to Exercise. Except as otherwise provided in the Plan or this Agreement, the Participant Grantee (or in the case of exercise after the ParticipantGrantee’s death or incapacity, the ParticipantGrantee’s executor, administrator, heir or legatee, as the case may be) may exercise his or her vested SARs, in whole or in part, at any time after vesting and until the Expiration Date or earlier termination pursuant to Section 3 hereof, by following the procedures set forth in this Section 4. If partially exercised, the Participant Grantee may exercise the remaining unexercised portion of the SARs at any time after vesting and until the Expiration Date or earlier termination pursuant to Section 3 hereof. No SARs shall be exercisable after the Expiration Date.

Appears in 1 contract

Samples: Stock Appreciation Rights Agreement (Smartfinancial Inc.)

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