LiLAC SAR definition
Examples of LiLAC SAR in a sentence
Each Option and SAR shall be for the equivalent class of Shares as the corresponding option for LiLAC Shares or LiLAC SAR.
The number of Shares exercisable under an Option or SAR shall be the number of LiLAC Shares that a Participant would have received in the Distribution if the applicable option for LiLAC Shares had been exercised immediately prior to the Distribution Date or, in the case of a LiLAC SAR, the number of Shares equal to the aggregate number of LiLAC Shares subject to such LiLAC SAR immediately prior to the Distribution Date.
Option(s) shall be granted to each Participant who, as of the Distribution Date, holds an outstanding LiLAC Award(s) consisting of an option to purchase LiLAC Shares, and SAR(s) shall be granted to each Participant who, as of the Record Date, holds an outstanding LiLAC Award(s) consisting of a LiLAC SAR.
The purchase price per Share under each Option and the base price with respect to each SAR shall be the purchase price or base price of such corresponding option to purchase LiLAC Shares or LiLAC SAR, as the case may be, as in effect immediately prior to the Record Date.
The purchase price per Share under each Option and the base price with respect to each SAR shall be the purchase price or base price of such corresponding option to purchase LiLAC Shares or LiLAC SAR, as the case may be, as in effect immediately prior to the Distribution Date.
Some of the higher profile statewide programs dealing with Nevada’s highest ranked hazards are summarized below: Nevada Earthquake Safety Council (NESC) is a statewide body representing a partnership of the public and private sectors that uses its professional expertise and community knowledge to make earthquake safety recommendations within the public and private sectors, and serve as the advisory body for State seismic safety policy.