Example ContractsClausesamount of benefitIdentical
Amount of Benefit
Amount of Benefit contract clause examples

Amount Payable. Upon the exercise of a Stock Appreciation Right related to an Option, the Grantee shall be entitled to receive an amount determined by multiplying # the excess of the Fair Market Value of a Share on the date of exercise of such Stock Appreciation Right over the per Share purchase price under the related Option, by # the number of Shares as to which such Stock Appreciation Right is being exercised. Notwithstanding the foregoing, the Committee may limit in any manner the amount payable with respect to any Stock Appreciation Right by including such a limit in the Agreement evidencing the Stock Appreciation Right at the time it is granted.

PEAPACK GLADSTONE FINANCIAL CORP (PGC) (CIK 0001050743)
Source: SEC EDGAR database • Date: March 15, 2016 • SIC: 6029 • CIK: 6029

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