SAR Award definition

SAR Award means the agreement between RHI and an Optionee, or the notice to the Optionee, which contains the terms, conditions and restrictions pertaining to his or her SAR.
SAR Award means an appreciation rights award granted under the SAR Plan.

Examples of SAR Award in a sentence

  • Each SAR Award shall be evidenced by an Award Agreement that shall specify the Grant Price, the term of the SAR, and such other provisions as the Committee shall determine.

  • A SAR not expressly granted in tandem with an Option will become exercisable at such time or times, and on such conditions, as the Board may specify in the SAR Award.

  • The provisions of the various SAR Award Agreements entered into under the Plan need not be identical.

  • Each grant of a SAR under the Plan shall be evidenced by a SAR Award Agreement between the Participant and the Company.

  • Each SAR Award Agreement shall specify the date when all or any installment of the SAR is to become exercisable.


More Definitions of SAR Award

SAR Award means the right to receive the SAR Value from Corporation.
SAR Award means each outstanding award issued pursuant to the SARs Plans.
SAR Award means a grant of an SAR pursuant to Section 6 and the relevant Award Agreement.
SAR Award means an award granted to a Participant under the Plan crediting the Participant with a specified number of SARs and a specified Initial Measurement Value.
SAR Award means an Award of SARs pursuant to Section 10. A SAR Award may be freestanding or granted in tandem with another type of Award. A SAR Award may consist of SARs, the receipt of which was elected pursuant to Section 12(a).
SAR Award shall have the meaning set forth in Section 3(b)(i)(B). (x) “Section 409A” shall mean Section 409A of the Code and the Department of Treasury regulations and other interpretive guidance issued thereunder, including without limitation any such regulations or other guidance that may be issued after the Effective Date. (y) “Severance Period” shall have the meaning set forth in Section 5(b). (z) “Subsequent SAR Award” shall have the meaning set forth in Section 3(b)(i)(B). (aa) “Term” shall have the meaning set forth in Section 2(b). (bb) “Transition Date” shall mean December 31, 2022.