Stock Appreciation Rights may be granted under the Plan on a stand-alone basis only. The Administrator shall have the authority to grant Stock Appreciation Rights to any Participant. Stock Appreciation Rights shall be evidenced by award agreements, each in a form approved by the Administrator. The grant of a Stock Appreciation Right shall occur as of the date the Administrator determines, subject to FASB Statement 123(R) and guidance thereunder.
Awards Granted by Administrator. Coincident with or following designation for participation in the Plan, a Participant may be granted one or more Stock Appreciation Rights. The Administrator may grant free standing Stock Appreciation Rights, Stock Appreciation Rights may be granted under the Plan on a stand-alone basis only. The Administrator shall have the authority to grant Stock Appreciation Rights toin tandem with an Option, or any Participant. Stock Appreciation Rights shall be evidenced by award agreements, each in a form approved by the Administrator. The grant of a Stock Appreciation Right shall occur as of the date the Administrator determines, subject to FASB Statement 123(R) and guidance thereunder.combination thereof.
General. Stock Appreciation Rights may be granted either alone (“Free Standing Rights”) or in conjunction with all or part of any Option granted under the Plan on a stand-alone basis only.(“Related Rights”). Related Rights may be granted either at or after the time of the grant of such Option. The Administrator shall havedetermine the authorityEligible Recipients to grant Stock Appreciation Rights to any Participant.whom, and the time or times at which, grants of Stock Appreciation Rights shall be evidenced by award agreements, each in a form approved by the Administrator. The grant ofmade. Each Participant who is granted a Stock Appreciation Right shall occurenter into an Award Agreement with the Company, containing such terms and conditions as the Administrator shall determine, in its sole discretion, including, among other things, the number of Shares to be awarded, the Exercise Price per Share, and all other conditions of Stock Appreciation Rights. Notwithstanding the foregoing, no Related Right may be granted for more Shares than are subject to the Option to which it relates. The provisions of Stock Appreciation Rights need not be the same with respect to each Participant. Stock Appreciation Rights granted under the Plan shall be subject to the following terms and conditions set forth in this [Section 8] and shall contain such additional terms and conditions, not inconsistent with the terms of the datePlan, as the Administrator determines, subject to FASB Statement 123(R) and guidance thereunder.shall deem desirable, as set forth in the applicable Award Agreement.
Award of Stock Appreciation Rights may be granted under the Plan on a stand-alone basis only.Rights. The Administrator shall have the authority tomay grant Stock Appreciation Rights to any Participant.under the Plan. A Stock Appreciation Rights shall be evidenced by award agreements, eachRight is an Award entitling the recipient to receive shares of Stock (or cash, to the extent explicitly provided for in the applicable Award Agreement) having a form approvedvalue equal to the excess of the Fair Market Value of a share of Stock on the date of exercise over the exercise price of the Stock Appreciation Right multiplied by the Administrator. The grantnumber of ashares of Stock with respect to which the Stock Appreciation Right shall occur as of the date the Administrator determines, subject to FASB Statement 123(R) and guidance thereunder.have been exercised.
Award of Stock Appreciation Rights may be granted under the Plan on a stand-alone basis only.Rights. The Administrator shall have the authority tomay grant Stock Appreciation Rights to any Participant.under the Plan. A Stock Appreciation Rights shall be evidenced by award agreements, eachRight is an Award entitling the recipient to receive shares of Stock (or cash, to the extent explicitly provided for in the applicable Award Certificate) having a form approvedvalue equal to the excess of the Fair Market Value of a share of Stock on the date of exercise over the exercise price of the Stock Appreciation Right multiplied by the Administrator. The grantnumber of ashares of Stock with respect to which the Stock Appreciation Right shall occur as of the date the Administrator determines, subject to FASB Statement 123(R) and guidance thereunder.have been exercised.
Grant of Stock Appreciation Rights may be granted underRights. Subject to the Plan on a stand-alone basis only. The Administrator shall haveterms and conditions of the authority to grant Stock Appreciation Rights to any Participant. Stock Appreciation Rights shall be evidenced by award agreements, each in a form approved by the Administrator. The grant ofPlan, a Stock Appreciation Right shall occurmay be granted to Service Providers at any time and from time to time as ofwill be determined by the date the Administrator determines, subject to FASB Statement 123(R) and guidance thereunder.Administrator, in its sole discretion.
Stock Appreciation Rights may be granted under the Plan on a stand-alone basis only. The Administrator shall have the authorityis authorized to grant Stock Appreciation Rights to any Participant. Stock Appreciation Rights shall be evidenced by award agreements, eachEligible Individuals from time to time, in a form approved byits sole discretion, on such terms and conditions as it may determine consistent with the Administrator. The grant of a Stock Appreciation Right shall occur as of the date the Administrator determines, subject to FASB Statement 123(R) and guidance thereunder.Plan.
Subject to the terms and conditions of the Plan, Stock Appreciation Rights may be granted under the Plan on a stand-alone basis only. The Administrator shall have the authority to grant Stock Appreciation Rights to any Participant. Stock Appreciation RightsParticipants in such number, and upon such terms and conditions, as shall be evidenced by award agreements, each in a form approveddetermined by the Administrator. The grant of a Stock Appreciation Right shall occur as of the date the Administrator determines, subject to FASB Statement 123(R) and guidance thereunder.Committee in its sole discretion.
Stock Appreciation Rights. Stock Appreciation Rights may beentitle Participants to increases in the Fair Market Value of shares of Common Stock. The terms and conditions of each Stock Appreciation Right granted under the Plan on a stand-alone basis only. The Administrator shall have the authority to grant Stock Appreciation Rights to any Participant. Stock Appreciation Rights shall be evidencedspecified by award agreements, eachthe Committee, in its sole discretion, and shall be set forth in a written agreement between the Company and the Participant in such form as the Committee shall approve from time to time or as may be reasonably required in view of the terms and conditions approved by the Administrator.Committee from time to time. The grant of a Stock Appreciation Rightagreements shall occur ascontain in substance the following terms and conditions and may contain such additional terms and conditions, not inconsistent with the terms of the datePlan, as the Administrator determines, subject to FASB Statement 123(R) and guidance thereunder.Committee shall deem desirable.
Stock Appreciation Rights may be granted under the Plan on a stand-alone basis only. The Administrator shall have the authority to grantRight Agreement. Each Stock Appreciation Rights to any Participant. Stock Appreciation Rights shallRight grant will be evidenced by award agreements, each in a form approved byan Award Agreement that will specify the Administrator. The grantexercise price, the term of athe Stock Appreciation Right shall occurRight, the conditions of exercise, and such other terms and conditions as of the date the Administrator determines, subject to FASB Statement 123(R) and guidance thereunder.Administrator, in its sole discretion, will determine.
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