Stock Appreciation Rights Agreement Sample

4. Full agreement; The current legislation. The plan is included as a reference. The plan and this agreement constitute the whole agreement between the parties regarding the purpose of this Agreement and fully resolve all of the company`s past obligations and agreements relating to the purpose of this Agreement and must not be significantly altered in your interest, unless it is done by writing signed by you and the Company. This agreement is governed by domestic material laws, but not by Delaware state law. 7. Shareholder rights. The worker has no rights as a shareholder with respect to SAR shares that are covered by the SARs that benefited from them until the employee acquired such SAR shares. No adjustments are made for dividends or other rights for which the registration date is set before that date. 9. Effect of termination of the employment relationship or death. If the worker is placed on leave for more than twelve months (with the exception of leave authorized by the board of directors or committee) or, for whatever reason, he is no longer employed by the company, other than the death, which is part of the SARs, who did not exercise on the day the worker was no longer employed or placed on leave for more than twelve months (with the exception of an absence leave authorized by the committee) and that any non-exercised party of the SARs, which was at this date due on that date, expires earlier after (i) that the SAR failure was granted in accordance with the lifespan of the SARs based on the duration of the SARs for which the SARs were granted.

, or (ii) three months from that date, except for a worker who is a “certified retiree” under the following definition. If the worker is a registered retiree, the SARs expire earlier after (i) the sequence of these RSAs according to their initial duration or (ii) at the end of a five-year period from the date of retirement. Notwithstanding the above rate, the retiree approved under this contract terminates when a registered retiree retires before and ends with the SAR of the 153s approved retiree with respect to the number of these MI shares granted under this agreement, based on the ratio of (a) the number of days after the retirement date of registered retiree 153 and, prior to , b) the number of days on the date and date of the grant and before . In the event of the death of a worker without authorized rest during the three (3) months following termination of employment or 12 months of leave (with the exception of leave authorized by the Board of Directors or committee), THE SARs are exercised by Employeee153`s personal representatives, heirs or omissions to the same extent and during the same period during which the worker could have exercised the SAR if the worker had not died.