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These excerpts taken from the PDLI 8-K filed Jun 14, 2005. Exercise Price. The exercise price for each Option shall be
the Fair Market Value of a share of Stock on the date of grant of an Option.
6.3Exercise Price. The
exercise price for each SAR shall be established in the discretion of the Committee;
provided, however, that (a) the exercise price per share subject to a
Tandem SAR shall be the exercise price per share under the related Option and (b) the
exercise price per share subject to a Freestanding SAR shall be not less than
the Fair Market Value of a share of Stock on the effective date of grant of the
SAR.
7.3 | EXCERPTS ON THIS PAGE:
RELATED TOPICS for PDLI: |
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