Existing SARs definition

Existing SARs means outstanding stock appreciation rights issued pursuant to the Debtor’s 2010 Omnibus Incentive Plan.
Sample 1Sample 2Sample 3
Existing SARs means outstanding stock appreciation rights issued pursuant to the Debtor’s 2010 OmnibusIncentive Plan.
Sample 1
Existing SARs means outstanding stock appreciation rights issued
Sample 1

Examples of Existing SARs in a sentence

  • I hereby: o ACCEPT the Offer with respect to all of my Existing SARs. I further agree to be bound by the terms and conditions set forth in the Offer to Exchange, the release and the other terms and conditions set forth in Section C of this Election Form.

  • My Existing SARs will remain outstanding as described in the Offer to Exchange.

  • Therefore, the Board may, if necessary, establish internal committees that perform specific functions and roles.

  • The Company and the Executive further agree that if the Spin-Off occurs, the Existing SARs will be converted at such time into options to acquire Class C common stock of CommerceHub, Inc., a Delaware corporation (the “CommerceHub Options”) on the same terms and conditions as the other Company SARs (other than the Multi-Year Awards) are converted into such options in connection with the Spin-Off and in accordance with the terms of the CommerceHub, Inc.

  • The Executive represents that, except for the Existing SARs (and the Multi-Year Awards), the Executive does not hold any options, warrants, stock appreciation rights or other rights to acquire equity in the Company or which are based on the value of the equity of the Company, whether vested or unvested.

  • A U.S. Holder’s initial tax basis in the New Unvested Warrants or New SARs received in exchange for the Unvested Warrants or Existing SARs pursuant to the Plan as described above should equal the fair market value of the New Unvested Warrants or New SARs received in exchange for the Unvested Warrants or Existing SARs, respectively, pursuant to the Plan as described above.

  • The terms of the New PPN SARs exercisable for New PPNs shall be conformed, to the extent practicable, to the existing provisions of the Existing SARs. Funds shall be distributed to holders of the New PPNs only in the limited circumstances set forth in Payment Priority Waterfall.

  • But the same argument is true for many individuals— surgeons, plumbers, and parents alike.

  • I hereby represent and confirm to Yandex that: · I have full power and authority to sign and deliver this Election Form and to tender any Existing SARs pursuant to the terms of the Offer to Exchange; · I have received and read, and I understand, the Offer to Exchange and the documents referenced in the Offer to Exchange, including this Election Form.

  • In general, aU.S. Holder’s adjusted tax basis in its Unvested Warrants or Existing SARs will equal the U.S. Holder’s initial cost of such Unvested Warrants or Existing SARs. Such gain or loss generally will be capital gain or loss and will be long-term capital gain or loss if the U.S. Holder has held such Unvested Warrants or Existing SARs for more than one year at the time of exchange.

Related to Existing SARs

  • 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.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

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

  • Other Share-Based Awards means Awards consisting of Share units, or other Awards, valued in whole or in part by reference to, or otherwise based on, Shares.

  • Free-Standing SAR means an SAR which is not granted in tandem with, or by reference to, an option, which entitles the holder thereof to receive, upon exercise, shares of Common Stock (which may be Restricted Stock) or, to the extent set forth in the applicable Agreement, cash or a combination thereof, with an aggregate value equal to the excess of the Fair Market Value of one share of Common Stock on the date of exercise over the base price of such SAR, multiplied by the number of such SARs which are exercised.

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

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

  • 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).

  • Other Share-Based Award means a right, granted under Section 5(h), that relates to or is valued by reference to Shares.

  • Non-Tandem Stock Appreciation Right means the right to receive an amount in cash and/or stock equal to the difference between (x) the Fair Market Value of a share of Common Stock on the date such right is exercised, and (y) the aggregate exercise price of such right, otherwise than on surrender of a Stock Option.

  • Stock Appreciation Right or “SAR” means a right to receive the appreciation on Common Stock that is granted pursuant to the terms and conditions of Section 5.

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

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • 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.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

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

  • Stock Appreciation Rights or “SAR” means a right granted to a Participant under Section 6(c).

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

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

  • Stock Appreciation Right” or “SAR means a stock appreciation right awarded under the Plan as provided in Section 8.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • 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.

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

  • NSO means a stock option not described in sections 422 or 423 of the Code.

  • Stock Appreciation Rights Agreement means a written agreement between the Company and a Holder with respect to an Award of Stock Appreciation Rights.