Examples of SAR Agreement in a sentence
Each SAR Agreement shall specify the date when all or any installment of the SAR is to become exercisable.
Each grant of a SAR under the Plan shall be evidenced by a SAR Agreement between the Optionee and the Company.
The SAR Agreement shall set forth the expiration date; provided that no SAR will be exercisable after the expiration of ten (10) years from the date the SAR is granted.
In order to exercise any SAR, the Participant must provide notice of exercise to the Plan Administrator in accordance with the SAR Agreement.
Such appreciation distribution may be paid to the Participant in the form of Common Stock or cash (or any combination of Common Stock and cash) or in any other form of payment, as determined by the Board and specified in the SAR Agreement.