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Common use of Termination of SAR Clause in Contracts

Termination of SAR. Participant’s right to exercise vested SARs shall terminate upon the earlier of (i) 30 days following termination of employment or service; or (ii) the 5th anniversary of the Date of Grant.

Appears in 3 contracts

Sources: Share Appreciation Rights Award Agreement (RAIT Financial Trust), Share Appreciation Rights Award Agreement (RAIT Financial Trust), Share Appreciation Rights Award Agreement (RAIT Financial Trust)

Related Clauses

  • Termination of Service for Cause
  • Termination of Option
  • Termination of Award
  • Termination of Service
  • Forfeiture upon Termination of Status as a Service Provider

Parent Clauses

  • Terms of Sar Award
  • Rights Upon Termination of Employment
  • Period of Exercisability
  • Termination of Employee
  • Termination of Employment

Sub-Clauses

  • Early Termination
  • Normal Termination Date
  • Other Termination
  • Termination by Retirement
  • Termination by Reason of Disability
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