SAR Holder definition

SAR Holder means a Participant who has been granted one or more SARs under the Plan.
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SAR Holder means the Grantee or, if as of the relevant time the SAR has passed to a Beneficiary, the Beneficiary.
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SAR Holder shall have the meaning as set forth in Section 7.2.
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Examples of SAR Holder in a sentence

  • The issuance of stock certificates upon the exercise of the SAR in whole or in part, shall be without charge to the SAR Holder.

  • Thereafter, the SAR Holder shall cease to have any rights in respect thereof.

  • References herein to rights and obligations of the SAR Holder shall apply, where appropriate, to the SAR Holder’s legal representative or estate without regard to whether specific reference to such legal representative or estate is contained in a particular provision of this SAR.

  • The SAR, or any interest therein, may not be assigned or otherwise transferred, disposed of or encumbered by the SAR Holder, other than by will or by the laws of descent and distribution.

  • In order to exercise the SAR, the SAR Holder shall submit to the Company an instrument specifying the whole number of Shares in respect of which the SAR is being exercised.

  • During the lifetime of the SAR Holder, the SAR shall be exercisable only by the SAR Holder or by his or her guardian or legal representative.

  • The SAR Holder shall not, by virtue hereof, be entitled to any rights of a shareholder in the Company, either at law or in equity.

  • In the event the SAR Holder engages in a Competitive Activity, (A) the SAR, to the extent then exercisable, may be exercised for 30 days following the date on which the SAR Holder engages in such Competitive Activity (but not beyond the SAR Period) and (B) the SAR, to the extent then not exercisable, shall be immediately forfeited.

  • In the event the SAR Holder ceases to be an employee of the Company due to his death or Permanent Disability (as defined in the Company’s Incentive Compensation Plan on the date hereof), the SAR, to the extent not already exercisable in full, shall become immediately exercisable in full and shall continue to be exercisable by the SAR Holder (or his Beneficiary or estate in the event of his death) for a period of three years following such termination of employment (but not beyond the SAR Period).

  • Secretary If to the SAR Holder: The last address delivered to the Company by the SAR Holder in the manner set forth herein.


More Definitions of SAR Holder

SAR Holder means a holder of a SAR.
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SAR Holder means a holder of an SAR outstanding immediately prior to the Effective Time.
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SAR Holder means any holder of Company SARs immediately prior to the Effective Time.
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SAR Holder means a holder of SARs.
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SAR Holder is defined in Section 1.3(d)(v).
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SAR Holder means each individual who holds a vested Stock Appreciation Right entitled to payment under Section 2.3.
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Related to SAR Holder

  • FTR Holder means the PJM Member that has acquired and possesses an FTR.

  • Eligible Holder means a Limited Partner whose (a) federal income tax status would not, in the determination of the General Partner, have the material adverse effect described in Section 4.9(a)(i) or (b) nationality, citizenship or other related status would not, in the determination of the General Partner, create a substantial risk of cancellation or forfeiture as described in Section 4.9(a)(ii).

  • Option Holder means a Person or Entity who holds an unexercised and unexpired Option or, where applicable, the Personal Representative of such person.

  • Non-U.S. Holder means a Holder that is not treated as a United States person for U.S. federal income tax purposes as defined under Section 7701(a)(30) of the Internal Revenue Code of 1986, as amended from time to time.

  • Deceased Holder Not applicable.