Common use of Exercising SARs Clause in Contracts

Exercising SARs. Subject to the terms of Section 9 (Terms and Conditions of Stock Appreciation Rights) and Section 18.3 (Withholding Taxes) of the Plan, when you exercise SARs, you are entitled to receive in cash an amount equal to the number of SARs exercised multiplied by the difference between the fair market value of one share of La-Z-Boy stock on the date of exercise and the SAR ▇▇▇▇▇ ▇▇▇▇▇. The Company has engaged ▇▇▇▇▇▇▇ ▇▇▇▇▇ to provide services for exercising SARs.

Appears in 3 contracts

Sources: Award Agreement (La-Z-Boy Inc), Award Agreement (La-Z-Boy Inc), Award Agreement (La-Z-Boy Inc)

Exercising SARs. Subject to the terms of Section 9 (Terms and Conditions of Stock Appreciation Rights) and Section 18.3 (Withholding Taxes) of the Plan, when you exercise SARs, you are entitled to receive in cash an amount equal to the number of SARs shares exercised multiplied by the difference between the fair market value of one share of La-Z-Boy stock on the date of exercise and the SAR ▇▇▇▇▇ ▇▇▇▇▇ of a share of stock as designated in the SARs. The Company has engaged ▇▇▇▇▇▇▇ ▇▇▇▇▇ to provide services for exercising SARs.

Appears in 1 contract

Sources: Award Agreement (La-Z-Boy Inc)

Exercising SARs. Subject to the terms of Section 9 (Terms and Conditions of Stock Appreciation Rights) and Section 18.3 (Withholding Taxes) of the Plan, when you exercise SARs, you are entitled to receive in cash an amount equal to the number of SARs exercised multiplied by the difference between the fair market value of one share of La-Z-Boy Company stock on the date of exercise and the SAR ▇▇▇▇▇ ▇▇▇▇▇. The Company has engaged ▇▇▇▇▇▇▇ ▇▇▇▇▇ to provide services for exercising SARs.

Appears in 1 contract

Sources: Award Agreement (La-Z-Boy Inc)