Appreciation Period definition

Appreciation Period means the period of time between the Date of Grant of a Right and the date that the Right is exercised.
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Appreciation Period means the period beginning on the Grant Effective Date and ending (i) on the Regular Maturity Date or (ii) in the circumstances described in Section 7.3, on the applicable Early Termination Date.
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Appreciation Period means the period from the date of the Grant of a Share Appreciation Right to the date of its expiry, as specified by the Board pursuant to Section 7.3.
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Examples of Appreciation Period in a sentence

  • In such case, only the Eligible Person’s right to receive payment with respect to any remaining portion of the Right (and related Dividend Equivalent Units) for which such Appreciation Period was established shall be cancelled and forfeited.

  • Notwithstanding the foregoing, if the Committee so determines, in its discretion, the instrument evidencing the Award of such Right may provide that if the Eligible Person’s Termination of Service occurs prior to the end of the Appreciation Period established for such Right as a result of the Eligible Person’s death, Disability or Retirement (but not for any other reason), payment will be made with respect to all or a Pro Rata Portion of such Right and any related Dividend Equivalent Units.

  • Notwithstanding anything herein to the contrary, if the Ending Unit Value for the applicable Appreciation Period does not exceed the Beginning Unit Value with respect to that Appreciation Period, then the Appreciation Units whose value is measured with respect to such Appreciation Period will have no value and no Unit Benefits will be payable with respect to those Appreciation Units.

  • Subject to the provisions of this Section 7, a Participant (or, as applicable, his or her Beneficiary) shall be entitled to receive, with respect to each vested Appreciation Unit credited to his or her Account, a benefit equal to the appreciation, if any, in the value of such Appreciation Unit during the applicable Appreciation Period.

  • Data has been weighted to be representative of the CN local government area by age and gender.

  • The Appreciation Period in respect of a particular Grant shall be specified by the Board, but in all cases shall end no later than the day preceding the tenth (10th) anniversary of the date of the Grant.

  • The Grantee of a Share Appreciation Right will, subject to the terms and conditions of the Plan and the applicable Plan Agreement, have the right to exercise such Share Appreciation Right during the Appreciation Period by surrender to Teleglobe for cancellation of all or a portion of the rights granted under the Plan, but only to the extent that such rights are then exercisable.

  • Until the end of the First Capital Appreciation Period, 50% of any dividend or deemed dividend distributed by SIOC to the SIOC ESPS Trust in respect of the Allocated Subscription 12Shares is to be paid to the Participating Employees and the balance is to be applied towards reducing the notional loan balance.

  • The Unwind of the First Capital Appreciation Period and the Second Phase Implementation is prescribed in the SIOC ESPS Trust Deed together with the other relevant agreements, including the Subscription Agreement, Subsequent Contribution Agreement and Subsequent Subscription Agreement.

  • Kumba will then acquire all of the Subsequent SIOC Distributed Shares from the Participating Employees in exchange for the issue of Kumba Shares at the end of the Second Capital Appreciation Period.


More Definitions of Appreciation Period

Appreciation Period means, with respect to any Appreciation Units credited to a Participant’s Account hereunder and vested and payable as provided herein, the period beginning on the Grant Effective Date of such Appreciation Units and ending (i) on the applicable Regular Maturity Date with respect to such Appreciation Units, or (ii) in any of the circumstances described in Section 7.2, on the applicable Early Termination Date with respect thereto.
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Appreciation Period means the period from and including January 1, 2000 through and including December 31, 2001.
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Appreciation Period is used as defined in Section 2.13(b).
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Related to Appreciation Period

  • Appreciation Right means a right granted pursuant to Section 5 of this Plan, and shall include both Tandem Appreciation Rights and Free-Standing Appreciation Rights.

  • Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.

  • SAR means a stock appreciation right granted under the Plan.

  • Award Period means the period beginning on an Award Date and ending on the expiration date of such Award.

  • Tandem Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is granted in tandem with an Option Right.

  • Matching Period has the meaning specified in Section 5.4(1)(e).

  • Grant Period means the period between Effective Date and Expiration Date of the Grant Award Agreement during which time expenditure of all grant funds and all contributions to match must be made.

  • Free-Standing Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is not granted in tandem with an Option Right.

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Award Cycle means a period of consecutive fiscal years or portions thereof designated by the Committee over which Performance Units are to be earned.

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • Performance Cycle means one or more periods of time, which may be of varying and overlapping durations, as the Administrator may select, over which the attainment of one or more Performance Criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award, the vesting and/or payment of which is subject to the attainment of one or more Performance Goals. Each such period shall not be less than 12 months.

  • Phantom Share means a right, pursuant to the Plan, of the Grantee to payment of the Phantom Share Value.

  • Strike Period means from and including 19 July 2024 to and including 23 July 2024

  • Freestanding SAR means an SAR that is granted independently of any Options, as described in Article 7 herein.

  • SARS means the South African Revenue Service.

  • Full Value Award means an Award other than in the form of an ISO, NQSO, or SAR, and which is settled by the issuance of Shares.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Unit Appreciation Right or “UAR” means a contingent right that entitles the holder to receive the excess of the Fair Market Value of a Unit on the exercise date of the UAR over the exercise price of the UAR.

  • Vesting Year means a unit of Service credited to a Participant pursuant to Section 9.2 for purposes of determining his vested interest in his Account.

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Phantom Stock Award means an Award granted under Paragraph X of the Plan.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Threshold Appreciation Price has the meaning specified in Section 5.1.

  • Tandem Stock Appreciation Right means the right to surrender to the Company all (or a portion) of a Stock Option in exchange for an amount in cash and/or stock equal to the difference between (i) the Fair Market Value on the date such Stock Option (or such portion thereof) is surrendered, of the Common Stock covered by such Stock Option (or such portion thereof), and (ii) the aggregate exercise price of such Stock Option (or such portion thereof).