USA Stock Appreciation Rights Plan for Non-Employee Directors

Create a Stock Appreciation Rights (SAR) Plan for non-employee directors of a USA company with this ready-to-use template.

• The longer the service of the participant, 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.

This USA Stock Appreciation Rights Plan for Non-Employee Directors is provided in MS Word format and is fully editable to meet your needs.