Limited SAR definition

Limited SAR means a right granted to a Participant under Section 6(c) hereof.
Limited SAR means a right granted pursuant to Section 6(c) which shall, in general, be automatically exercised for cash upon a Change in Control.
Limited SAR means an SAR exercisable only for cash upon a Change of Control or other event, as specified by the Committee.

Examples of Limited SAR in a sentence

  • This Agreement and the grant, exercise, adjustment, modification, cancellation and termination of the Non-qualified Stock Option and the Limited SAR, the issuance of Shares subject thereto and the payment of cash thereunder are subject in all respects to the terms of the Plan and in the event that any provision of this Agreement shall be inconsistent with the terms of the Plan, then the terms of the Plan shall govern.

  • Such Limited SAR shall be exercisable only in the event of a Change of Control and only if the Grantee is subject, in the opinion of counsel to RSI, to Section 16(b) of the 1934 Act with respect to RSI at the time of the Change of Control.

  • The Limited SAR is the right to receive an amount (the "Limited SAR Spread") equal to the product computed by multiplying (i) the Price upon a Change of Control specified in Section I above by (ii) the number of Shares with respect to which such Limited SAR is being exercised.

  • The exercise of a Limited SAR shall reduce the number of Shares subject to the related Non-qualified Stock Option on a one-for-one basis.

  • As promptly as practicable after any such exercise, RSI will deliver to the Grantee an amount in cash equal to the Limited SAR Spread.


More Definitions of Limited SAR

Limited SAR means a limited stock appreciation right as defined in Section 18 hereof.
Limited SAR means a right granted to a Participant under Section 6(c) thereof.
Limited SAR means a right granted to a Participant under Section 6(c) hereof that may only be exercised or settled in connection with a Change in Control or other event as specified by the Committee may be granted on such terms, not inconsistent with Section 6(c), as the Committee may determine.
Limited SAR means a Stock Appreciation Right granted pursuant to Section 3.4.
Limited SAR means a stock appreciation right subject to the terms of Section 10.
Limited SAR means a SAR exercisable only for cash upon a change in control or other event, as specified by the Committee.
Limited SAR means an SAR exercisable only for cash upon a an event specified by the Committee.