Notwithstanding any other provision of this Plan to the contrary, with respect to a Tandem SAR granted in connection with an ISO: # the Tandem SAR will expire no later than the expiration of the underlying ISO; # the value of the payout with respect to the Tandem SAR may be for no more than one hundred percent (100%) of the difference between the Option Price of the underlying ISO and the Fair Market Value of the Shares subject to the underlying ISO at the time the Tandem SAR is exercised; and # the Tandem SAR may be exercised only when the Fair Market Value of the Shares subject to the ISO exceeds the Option Price of the ISO.
Notwithstanding any other provision of this Plan to the contrary, with respect to a Tandem SAR granted in connection with an ISO: # the Tandem SAR will expire no later than the expiration of the underlying ISO; # the value of the payout with respect to the Tandem SAR may be for no more than one hundred percent (100%) of the difference betweenexcess of the Option PriceFair Market Value of the Shares subject to the underlying ISO andover the Fair Market Valueaggregate Option Price of the Shares subject to the underlying ISO at the time the Tandem SAR is exercised; and # the Tandem SAR may be exercised only when the Fair Market Value of the Shares subject to the ISO exceeds the aggregate Option Price of the ISO.
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