Common use of Grant of SARs Clause in Contracts

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to ▇▇▇▇▇▇ the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' base value of Thirty-Two Dollars and Eight-One Cents ($32.81) per SAR, which is the fair market value of one share of Common Stock on the date of grant under the Plan, and the per share closing price of the Company’s Common Stock on the date of exercise.

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to ▇▇▇▇▇▇ the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' ’ base value of Thirty-Two Fifteen Dollars and Eight-One Seventy Eight Cents ($32.8115.78) per SAR, which is the fair market value of one share of the Common Stock on the date of grant under the Plan, and the per share closing price of the Company’s Common Stock on the date of exercise.

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to ▇▇▇▇▇▇ the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' ’ base value of Thirty-Two Twenty Four Dollars and Eight-One Ninety Three Cents ($32.8124.93) per SAR, which is the fair market value of one share of Common Stock on the date of grant under the Plan, and the per share closing price of the Company’s Common Stock on the date of exercise.

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to ▇▇▇▇▇▇ the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' ’ base value of Thirty-Two Fourteen Dollars and EightTwenty-One Cents ($32.8114.21) per SAR, which is the fair market value of one share of Common Stock on the date of grant under the Plan, and the per share closing price of the Company’s Common Stock on the date of exercise.

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to ▇▇▇▇▇▇ the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' ’ base value of Thirty-Two Five Dollars and Eight-One Seventy Five Cents ($32.815.75) per SAR, which is the fair market value of one share of the Common Stock on the date of grant under the Plan, and the per share closing price of the Company’s Common Stock on the date of exercise.

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to ▇▇▇▇▇▇ the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' base value of Thirty-Two Dollars and Eight-One Cents ($32.81) per SAR, which is the fair market value of one share of Common Stock on the date of grant under the Plan, and the per share closing price of the Company’s Common Stock on the date of exercise.

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to ▇▇▇▇▇▇ the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' base value of Thirty-Two Five Dollars and Eight-One Seventy Cents ($32.8135.70) per SAR, which is the fair market value of one share of Common Stock on the date of grant under the Plan, and the per share closing price of the Company’s Common Stock on the date of exercise.

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to ▇▇▇▇▇▇ the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' base value of Thirty-Two One Dollars and Eight-One Forty Cents ($32.8131.40) per SAR, which is the fair market value of one share of Common Stock on the date of grant under the Plan, and the per share closing price of the Company’s Common Stock on the date of exercise.

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to ▇▇▇▇▇▇ the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' base value of Thirty-Two Three Dollars and Eight-One Eighty Cents ($32.8133.80) per SAR, which is the fair market value of one share of Common Stock on the date of grant under the Plan, and the per share closing price of the Company’s Common Stock on the date of exercise.

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to ▇▇▇▇▇▇ the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' ’ base value of Thirty-Two Twelve Dollars and Eight-One Seven Cents ($32.8112.07) per SAR, which is the fair market value of one share of Common Stock on the date of grant under the Plan, and the per share closing price of the Company’s Common Stock on the date of exercise.

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to ▇▇▇▇▇▇ the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' ’ base value of Thirty-Two Twenty Seven Dollars and Eight-One Eighty Six Cents ($32.8127.86) per SAR, which is the fair market value of one share of Common Stock on the date of grant under the Plan, and the per share closing price of the Company’s Common Stock on the date of exercise.

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to ▇▇▇▇▇▇ the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' base value of Thirty-Two Three Dollars and Eight-One eighty Cents ($32.8133.80) per SAR, which is the fair market value of one share of Common Stock on the date of grant under the Plan, and the per share closing price of the Company’s Common Stock on the date of exercise.

Grant of SARs. Subject to the terms and conditions set forth in this Agreement, the Company hereby grants to ▇▇▇▇▇▇ the fully vested right to receive Common Stock of the Company equal in value to the difference between the SARs' ’ base value of Thirty-Two Eleven Dollars and EightSixty-One Eight Cents ($32.8111.68) per SAR, which is the fair market value of one share of Common Stock on the date of grant under the Plan, and the per share closing price of the Company’s Common Stock on the date of exercise.