Examples of SAR Plan in a sentence
Effective as of January 1, 2012, the Company established a Share Appreciation Rights (SAR) Plan.
At the beginning of each year, the MRCC approves the number of SARs to be granted to eligible participants in the SAR Plan.
Stock Appreciation Rights Plan ("SAR Plan") is Part III of the Company's Program.
In order to maintain flexibility in the award of benefits, the Program is comprised of six parts -- the Incentive Stock Option Plan ("Incentive Plan"), the Supplemental Stock Option Plan ("Supplemental Plan"), the Stock Appreciation Rights Plan ("SAR Plan"), the Performance Share Plan ("Performance Share Plan"), the Stock Bonus Plan ("Stock Bonus Plan") and the Independent Director Plan (the "Independent Director Plan").
This is a cash-settled plan that has been designed to replicate the key features of the SAR Plan B described above.