Exercise Price and Other Terms. All SARs shall be granted with an exercise price no less than the Fair Market Value of the underlying Shares on the SARs' Grant Date. The Board, subject to the provisions of the Plan, shall have complete discretion to determine the terms and conditions of SARs granted under the Plan. The exercise price per Share of Tandem SARs shall equal the exercise price per Share of the related Option.
Appears in 1 contract
Sources: 2011 Non Employee Directors' Equity Incentive Plan (Garmin LTD)
Exercise Price and Other Terms. All SARs shall be granted with an exercise price no less than the Fair Market Value of the underlying Shares on the SARs' Grant Dateβ Date of Grant. The BoardCommittee, subject to the provisions of the this Plan, shall have complete discretion to determine the terms and conditions of SARs granted under the this Plan. The exercise price per Share of Tandem SARs shall equal the exercise price per Share of the related Option.
Appears in 1 contract
Sources: 2011 Omnibus Equity Incentive Plan (TVAX Biomedical, Inc.)