An SAR entitles the Participant to receive the amount, in cash or Stock, by which the fair market value of a specified number of shares on the exercise date exceeds an exercise price established by the Compensation Committee.

 
  • 于行使日當天,某一定額股票之合理市值,超出補償委員會(huì )規定的行使價(jià),則依股票增值權,參與者得就差價(jià)部份領(lǐng)取現金或股票。
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