SAR Participants definition

SAR Participants means the active employees of the Company as of the Effective Time who have been granted an award by the Company under the SAR Plan.
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SAR Participants means the participants who have been issued SAR Units.
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Examples of SAR Participants in a sentence

  • The Company shall use its commercially reasonable efforts to obtain such written consents from all SAR Participants, in a form reasonably acceptable to Purchaser and its counsel, promptly following the date of this Agreement, which written consents and vesting of outstanding awards shall be conditioned upon the occurrence of the Effective Time.

  • Participant shall at all times make Participant’s VOW or IDX readily accessible to SAR and to all SAR Participants for purposes of verifying compliance with the Rules.

  • The Stockholders shall be solely responsible for the allocation of the Merger Consideration among the Stockholders and Option Holders and payments to the SAR Participants as set forth in the Closing Date Payment Certificate and as contemplated by this Agreement, and Buyer shall have no responsibility or liability in respect thereof.

  • At the Closing, each Company Shareholder who is an employee, officer or director of the Company, SAR Participants and each director of the Company shall, if requested by Parent, tender their resignations or confirm their retirement dates as employees, officers and directors of the Company and any Subsidiary.