Appreciation Value definition

Appreciation Value means the excess, if any, of the Value of a Phantom Share on the applicable Valuation Date or date of termination of employment or of the Participant's death, Retirement or Permanent Disability (as described in Section 5.5(a) hereof), as the case may be, over the Initial Value of such Phantom Share.

Appreciation Value means the increase in the value of a Phantom Share awarded to a Participant and as described in Section 8.1 of the Plan.

Appreciation Value means the appreciation in the Fair Market Value of a Share for purposes of determining payments to be made to a Grantee, and shall be measured by determining the amount equal to the Fair Market Value of a Share on the exercise date minus the exercise price of the SAR being exercised.

Examples of Appreciation Value in a sentence

• The Committee shall provide for one or more Valuation Dates on which the Appreciation Value of the Phantom Shares granted shall be measured and fixed, and shall designate the number of such Phantom Shares whose Appreciation Value is to be calculated on each such Valuation Date.

• Except as otherwise provided in this Section 8.1, the Appreciation Value of a Phantom Share shall be paid to a Participant in cash in a lump sum as soon as practicable following the Valuation Date applicable to such Phantom Share.

• The Committee shall provide in the Agreement for one or more Valuation Dates on which the Appreciation Value of the Phantom Shares granted pursuant to the Agreement shall be measured and fixed, and shall designate in the Agreement the number of such Phantom Shares whose Appreciation Value is to be calculated on each such Valuation Date.

• Capital Appreciation Value Trust Capital Appreciation Value Fund (JHF II) See below Core Bond Trust Core Bond Fund (JHF II) 0.690% — first $200 million; 0.640% — next $200 million; and 0.570% — excess over $400 million.

• Capital Appreciation Value Trust Capital Appreciation Value Fund (JHF II) See below Core Bond Trust Core Bond Fund (JHF II) 0.690% — first $200 million; 0.640% — next $200 million; 0.570% — next $600 million; 0.560% — next $1 billion; and 0.550% — excess over $2 billion.

More Definitions of Appreciation Value

Appreciation Value means the accrual value of an (i.e., one) Exercised Right, as determined in accordance with Section 5.2 of the Plan.

Appreciation Value means the appreciation in the Fair Market Value of one share of Stock which shall be measured by determining the amount equal to the Fair Market Value of one share of Stock on the exercise date minus the per share exercise price of the SAR being exercised.

Appreciation Value means, in respect of each SAR, an amount equal to the closing price per Share, in respect of a Non-Canadian Participant, unless otherwise specified in a Grant Agreement, on the New York Stock Exchange and, in respect of a Canadian Participant, unless otherwise specified in a Grant Agreement, on the Toronto Stock Exchange, on the immediately preceding Trading Day the SAR is exercised, less the Base Value of the SAR; provided that if, in respect of a Non-Canadian Participant, the Shares are not listed and posted for trading on the New York Stock Exchange on the immediately preceding Trading Day the SAR is exercised, or, in respect of a Canadian Participant, are not listed and posted for trading on the Toronto Stock Exchange on the immediately preceding Trading Day the SAR is exercised, then “Appreciation Value” shall be the fair market value per Share as determined by the Board in its sole discretion, less the Base Value of the SAR;

Appreciation Value means the excess, if any, of the Value of a Phantom Share on the applicable Valuation Date or date of termination of

Appreciation Value means, in respect of each Phantom Stock Unit, an amount equal to the Fair Market Value of a Share on the Vesting Date less the Base Value (as determined pursuant to Section 1(c)) of the Phantom Stock Unit;

Appreciation Value means the excess, if any, of the Value of a Phantom Share on the applicable Valuation Date or termination date (in the event of a termination of employment as described in Section 2.5(a) hereof), as the case may be, over the Initial Value of such Phantom Share.

Appreciation Value associated with an Award shall mean the product derived by multiplying (i) the excess, if any, of (A) the Final Value of each Appreciation Unit subject thereto on the date on which such Appreciation Unit is canceled, less (B) the Base Value associated with each such Appreciation Unit, and (ii) the number of Appreciation Units (including fractions thereof) subject to such Award.