Spinco SARs definition

Spinco SARs means stock appreciation rights with respect to Spinco Common Stock issued pursuant to the Spinco Transitional Plan. “Spinco Common Stock” means the Series A and Series B common stock, par value $.01 per share, of Spinco.
Sample 1

Examples of Spinco SARs in a sentence

  • Except as described herein, all other terms of the Spinco SARs and the Adjusted Liberty Ventures SARs (including the vesting terms thereof) will, in all material respects, be the same as those of the corresponding Outstanding Liberty Ventures SARs; provided, that the terms and conditions of exercise of the Spinco SARs shall in any event be determined in a manner consistent with Section 409A of the Code.

  • Except as described herein, all other terms of the Spinco SARs and the Adjusted Liberty SARs (including the vesting terms thereof) will, in all material respects, be the same as those of the corresponding Outstanding Liberty SARs; provided, that the terms and conditions of exercise of the Spinco SARs shall in any event be determined in a manner consistent with Section 409A of the Code.

  • Except as described herein, all other terms of the Spinco SARs and the Adjusted LMC SARs (including the vesting terms thereof) will, in all material respects, be the same as those of the corresponding Outstanding LMC SARs; provided, that the terms and conditions of exercise of the Spinco SARs shall in any event be determined in a manner consistent with Section 409A of the Code.

  • The Committee shall have the authority to grant only Substituted Spinco Options, Substituted Spinco RSUs and Substituted Spinco SARs under the Plan having the terms and provisions set forth in the Transaction Agreement.

  • In addition, the ratio of the exercise price of the Adjusted Plains Options to the fair market value of Plains common stock immediately after the Distribution Date, and the ratio of the exercise price of the Spinco SARs to the fair market value of Spinco common stock immediately after the Distribution Date, will both approximately equal the ratio of the exercise price of the Plains Options to the fair market value of Plains common stock (with dividend) immediately prior to the Distribution Date.

  • The Committee shall have the authority, to grant only Substituted Spinco Options, Substituted Spinco RSUs and Substituted Spinco SARs under the Plan, having the terms and provisions set forth in the Transaction Agreement.

Related to Spinco SARs

  • Equity Awards will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • RemainCo shall have the meaning set forth in the Preamble.

  • SARS means the South African Revenue Service.

  • Company RSU Award means an award of restricted stock units relating to shares of Company Common Stock granted under a Company Equity Incentive Plan (including any dividend equivalent units credited thereon).

  • Company RSUs means any restricted stock units granted under any of the Company Equity Plans.

  • Company Equity Awards means the Company RSU Awards and the Company PSU Awards.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Stock Plans has the meaning set forth in Section 3.1(c).

  • Vested Company Option means each Company Option outstanding as of immediately prior to the Effective Time that is vested as of immediately prior to the Effective Time or will vest solely as a result of the consummation of the Merger.

  • Parent Options means options or other rights to purchase shares of Parent Common Stock issued by Parent.

  • Equity Plans meanss the stock option and incentive plans adopted and maintained by the Company from time to time.

  • Company Stock Option Plans shall have the meaning set forth in Section 3.07(a).

  • Stock Awards means all stock options, restricted stock and such other awards granted pursuant to the Company’s stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof.

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Unvested Company Option means any Company Option that is not a Vested Company Option.

  • RSU means a contractual right granted pursuant to Section 9 that is denominated in Shares. Each RSU represents a right to receive the value of one Share (or a percentage of such value) in cash, Shares or a combination thereof. Awards of RSUs may include the right to receive dividend equivalents.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • SpinCo Employee has the meaning set forth in the Employee Matters Agreement.

  • Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.

  • SpinCo shall have the meaning set forth in the Preamble.

  • Company PSUs means the outstanding performance share units of the Company issued pursuant to: (i) the Company Legacy Equity Incentive Plan; and (ii) the Company PRSU Plan.

  • Remainco Group means RemainCo and its Subsidiaries, other than the SpinCo Group.

  • Parent RSU means each restricted stock unit representing the right to vest in and be issued shares of Parent Common Stock by Parent, whether granted by Parent pursuant to a Parent Equity Plan, assumed by Parent in connection with any merger, acquisition or similar transaction or otherwise issued or granted and whether vested or unvested.

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).