Stock Appreciation Rights Plan for Non-Employee Directors | USA

Establish a Stock Appreciation Rights (SAR) Plan for non-employee directors of a USA company under the terms of this downloadable template.

• The longer the participant has contributed services to the company, the more SAR Rights are vested.
• Rights become fully vested upon the death, disability or retirement of a participant, or upon a merger, consolidation or disposition of substantially all of the company's assets.
• Upon any subdivision or reorganization of the share capital of the company, the number of SARs under the Plan will be adjusted proportionally.
• Rights under the Plan are not transferrable.
• Available in MS Word format and fully customizable.
• Intended to be used only in the United States.