Employee SARs definition

Employee SARs means Company SARs that are not Director SARs.
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Employee SARs means Company SARs that are not Director SARs. Table of Contents
Sample 1

Examples of Employee SARs in a sentence

  • The Company will not raise any cash proceeds from the exercise of the Employee SARs.

  • The Employee SARs are Share Appreciation Rights issued under the Telix Equity Incentive Plan.

  • Amount of Goal The Authority’s overall goal for car rentals during the period beginning October 1, 2017 and ending September 30, 2020 is: (1.00%).

  • The table below sets out a number of examples of the value which may be realised, and the number of Shares that may be allocated, on vesting and exercise of all 2,690,291 Employee SARs at various “Current Market Prices” at the time of exercise (being the 20 day VWAP prior to exercise) and utilising the Notional Exercise Price of $4.95.The table also shows the potential dilution that the exercise of Employee SARs may result in, based on the total number of issued Shares being 312,245,000 Shares.

  • See section 6.2 of the Explanatory Memorandum.Each Employee SAR has been valued at fair value of $2.4325 and accordingly the total value of the grant of Employee SARs is $6,544,132.

  • The Employee SARs were issued on 5 April 2022 for nil cash consideration.

  • A total of 2,690,291 Employee SARs have been granted to 128 Participating Employees.

  • Prior grants of employee SARs generally become exercisable ratably over five years (i.e., 20% per year) and contain full-career eligibility provisions and clawback provisions similar to RSUs. Employee SARs generally expire ten years after the grant date.

  • The recipients of the Employee SARs are the Participating Employees (see section 9.3 above).

  • In its discretion, the Committee may grant to any Eligible Employee SARs concurrently with the grant of Options or other Awards or in respect of an outstanding Award, in whole or in part, or independently of any other Award, all on such terms as set forth by the Committee in the Award Agreement.

Related to Employee SARs

  • Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.

  • Employee Option means an Option granted pursuant to Section 5.

  • Employee Award means the grant of any Option, SAR, Stock Award, Cash Award or Performance Award, whether granted singly, in combination or in tandem, to a Participant who is an Employee pursuant to such applicable terms, conditions and limitations as the Committee may establish in order to fulfill the objectives of the Plan.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • SARS means the South African Revenue Service.

  • Equity Award means any option, restricted stock award, restricted stock unit award, stock appreciation right or other equity award to acquire shares of the Company’s common stock granted or issued to the Executive.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Company Equity Awards means the Company Options and the Company RSUs.

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Stock Options means the collective reference to "Incentive Stock Options" and "Other Stock Options".

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • Restricted Stock Plan means either the RPM International Inc. 1997 Restricted Stock Plan or the RPM International Inc. 2007 Restricted Stock Plan and any successor plan or arrangement to either of such plans, but shall not be deemed to mean or include the Omnibus Plan.

  • Company Restricted Stock Award means an award granted under a Company Equity Plan that grants the holder a share of Company Common Stock subject to the terms and conditions of the applicable award agreement and the applicable Company Equity Plan.

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

  • INDEPENDENT STOCK APPRECIATION RIGHT or "INDEPENDENT RIGHT" means a right granted pursuant to subsection 8(b)(3) of the Plan.

  • Restricted Stock Bonus means Stock granted to a Participant pursuant to Section 8.

  • Company Equity Award means a Company Stock Option or a Company Stock Award or a phantom stock award, as the case may be.

  • Restricted Stock Award means an award of shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(a).

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Company Stock Option Plans means the Company’s 2000 Employee Stock Option Plan, 1997 Employee Stock Option Plan and 1995 Stock Option Plan, in each case as amended.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

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

  • Company Stock Options means any option to purchase Company Common Stock pursuant to any Company Stock Plans.

  • Other Stock Award Agreement means a written agreement between the Company and a holder of an Other Stock Award evidencing the terms and conditions of an Other Stock Award grant. Each Other Stock Award Agreement will be subject to the terms and conditions of the Plan.