Example ContractsClausespayment by counterpartyVariants
Remove:

Payment. Upon exercise of an SAR related to an Option and the attendant surrender of an exercisable portion of any related Award, the Participant will be entitled to receive payment of an amount determined by multiplying:

Payment.PAYMENT OF SAR AMOUNT. Upon exercise of an SAR related to an Option and the attendant surrender of an exercisable portion of any related Award, theSAR, a Participant willshall be entitled to receive payment offrom the Company in an amount determined by multiplying:

Payment.Payment of SAR Amount. Upon exercise of an SAR related to an Option and the attendant surrender of an exercisable portion of any related Award, thea SAR, a Participant willshall be entitled to receive payment offrom the Company in an amount determined by multiplying:

Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.