Example ContractsClausesduration of sarsVariants
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Duration of SARs. Each SAR shall be exercisable at such times and subject to such terms and conditions as the Board may specify in the applicable SAR agreement; provided, however, that no SAR will be granted with a term in excess of 10 years.

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DurationTerm. The term of SARs. Eacheach SAR shall be fixed by the Committee, but no SAR shall be exercisable at such times and subject to such terms and conditions asmore than ten (10) years after the Board may specify indate the applicable SAR agreement; provided, however, that no SAR will be granted with a term in excess of 10 years.is granted.

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