Parent SAR definition

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 any stock appreciation right linked to the price of Parent Common Stock.
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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.

  • 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.

  • Notwithstanding anything to the contrary in this Section 4.02(a), the exercise price, the number of Parent Shares underlying each Post-Separation Parent SAR Award and the terms and conditions of exercise of such awards shall be determined in a manner consistent with the requirements of Section 409A of the Code.

  • 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).

  • 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.

  • Section 3.2(b) of the Parent Disclosure Schedule sets forth for each outstanding Parent stock appreciation right (each a "PARENT SAR"), the name of the holder of such Parent SAR, the number of shares of Common Stock associated with such Parent SAR.

  • 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).

  • 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.

  • The number of shares of New Parent Common Stock subject to each such New Parent Stock Option or New Parent SAR shall be equal to the number of shares of Phillips Common Stock subject to each such Phillips Stock Option o▇ ▇▇▇▇▇▇ps SAR and such New Parent Stock Op▇▇▇▇ ▇▇ New Parent SAR sh▇▇▇ ▇▇▇▇ an exercise price (or base price) per share equal to the per share exercise price (or base price) specified in such Phillips Stock Option or Phillips SAR.


More Definitions of Parent SAR

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.