Examples of Company SARs in a sentence
No Employee shall be granted, in any fiscal year of the Company, SARs covering more than 3,000,000 Shares.
No consents of the holders of the Company Stock Options or Company SARs are necessary to effectuate the foregoing.
Except as set forth in Section 4.03(c) of the Company Disclosure Letter, there are no Company Voting Debts or Company SARs issued or outstanding.
Such cancellation of Company Stock Options and Company SARs in exchange for the cash payments described in Section 7.04 will extinguish any and all rights the holders of such Company Stock Options and Company SARs had or may have had in respect thereof.
As of the Effective Date, Summit State Bank, a California banking corporation (the "Company"), hereby grants to the above-named Recipient (“you”), and you hereby accept, the number of units set forth above in the Summary (the "Granted Units") of stock appreciation rights in the Company ("SARs").