Parent SAR definition

Parent SAR means any stock appreciation right linked to the price of Parent Common Stock and granted under any Parent Stock Plan.
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Parent SAR means any stock appreciation rights relating the Parent Common Shares, whether granted under a Parent Stock Plan or otherwise.
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Parent SAR means each share appreciation rights granted under any Parent Equity Plan that is outstanding immediately prior to the Effective Time.
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Examples of Parent SAR in a sentence

  • Parent and SpinCo shall take all actions necessary or appropriate so that each outstanding Parent Option, Parent SAR, Parent RSU Award, Parent Performance Share Award and Parent DSU Award (collectively, “Parent Equity Awards”) granted under any Parent Long-Term Incentive Plan held by any individual shall be adjusted as set forth in this Article X.

  • Except as otherwise provided in this Section 3.2(b), each such Parent SAR shall continue to have, and shall be subject to, the same terms and conditions as applied to the corresponding Company SAR immediately prior to the Effective Time.

  • The exercise price per share of Parent Common Stock under the Parent Option, Parent SAR or Parent LSAR, as applicable, shall be the exercise price per share of Westvaco Common Stock under the corresponding Westvaco Option, Westvaco SAR or Westvaco LSAR, as applicable, immediately prior to the Effective Time divided by the Westvaco Exchange Ratio (and rounded up to the nearest penny).

  • Following the Effective Time, the Converted Parent SAR shall be subject to such other terms and conditions as applied to the corresponding in Company SAR immediately prior to the Effective Time, provided that the Converted Parent SAR will be vested and exercisable in full and will remain exercisable for its full original term without regard to any continuing service requirement.

  • Today’s Russia presents itself as a depoliticized actor whose behaviour is governed by economic and finan- cial arguments and rests upon managerial qualities of the state.

  • Parent and SpinCo shall use commercially reasonable efforts to take all actions necessary or appropriate so that each outstanding Parent Option, Parent SAR, Parent RSU, Parent Restricted Share, Parent Cash LTI Award and any other award (including cash awards) granted under the Parent Long-Term Incentive Plans held by any individual, in each case, as of the Effective Time, shall be treated as set forth in this Section 5.3.

  • The exercise price per share of the Converted Parent SAR shall be equal to the exercise price per share of the Company SAR divided by the Exchange Ratio, rounded up to the nearest whole cent.

  • Each Parent SAR shall otherwise be subject to the same terms and conditions as were applicable under the respective Company SAR immediately prior to the Effective Time, provided, that the Board of Directors of the Parent or a committee thereof shall succeed to the authority and responsibility of the Company’s board of directors or any committee thereof with respect to each Company SAR assumed by the Parent.

  • It is the intention of the parties that the number of shares of Parent Common Stock and exercise price per share of Parent Common Stock under each Parent SAR shall be determined in a manner consistent with the requirements of Section 409A of the Code.

  • The exercise price per share of each Parent SAR as so assumed and converted shall be equal to the exercise price of the Company SAR prior to the assumption divided by the Conversion Ratio (rounded up to the nearest whole cent).


More Definitions of Parent SAR

Parent SAR means a right, granted under the Parent Stock Plan, to receive shares of Parent Common Stock as specified in the Parent Stock Plan.
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Parent SAR means a stock appreciation right corresponding to shares of common stock of Parent granted under a Parent LTIP that is outstanding as of immediately prior to the Effective Time.
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Parent SAR has the meaning set forth in Section 2.8(b).
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Parent SAR shall have the meaning ascribed to it in Section 3.2(b).
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Related to Parent SAR

  • Company SAR means any stock appreciation right linked to the price of Company Common Stock and granted under any Company Stock Plan.

  • Parent RSU means each restricted stock unit representing the right to vest in and be issued shares of Parent Common Stock by Parent, whether granted by Parent pursuant to a Parent Equity Plan, assumed by Parent in connection with any merger, acquisition or similar transaction or otherwise issued or granted and whether vested or unvested.

  • Company Option means an option to purchase shares of Company Common Stock granted under the Company Incentive Plan.

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.

  • Company Warrant means a warrant to purchase shares of Company Capital Stock.

  • Company RSU Award means an award of restricted stock units relating to shares of Company Common Stock granted under a Company Equity Incentive Plan (including any dividend equivalent units credited thereon).

  • Company RSU means each restricted stock unit award relating to shares of Company Common Stock granted under any Company Equity Plan that is outstanding immediately prior to the Effective Time and subject solely to service-based vesting requirements.

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.

  • Parent Share Price means the average of the volume weighted averages of the trading prices of Parent Common Shares on NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the 20 consecutive trading days ending on (and including) the trading day that is two trading days prior to the Closing Date.

  • Company Option Plan means, collectively, each stock option plan, program or arrangement of the Company.

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • Equity Award Exchange Ratio means the sum, rounded to the four decimal places, equal to (i) the Exchange Ratio, plus (ii) the quotient of (A) the Cash Consideration, divided by (B) the Parent ADS Price.

  • Common Share means one share of the common stock of the Company.

  • Parent Equity Plan means the Energy Transfer Equity, L.P. Long-Term Incentive Plan.

  • Company Warrants means warrants to purchase shares of Company Capital Stock.

  • Company Option Plans means the Company 1994 Incentive Stock Plan, the Company 1995 Outside Director’s Stock Option Plan and the Company 2004 Incentive Stock Plan.

  • Company Options means any options to purchase shares of Company Common Stock, whether granted pursuant to any of the Company Stock Plans or otherwise.

  • Equity Award means all incentive stock options, non-statutory stock options, shares of restricted stock, restricted stock units or other incentive equity awards in respect of shares of the Company’s equity securities that have been or will be granted to you by the Company.

  • Parent Award means the Electrical Electronic and Communication Contracting Industry (State) Award.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Parent Warrant means each Parent Private Warrant and Parent Public Warrant.

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

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