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GWW » Topics » 2.52 Tandem SAR

This excerpt taken from the GWW 10-Q filed Aug 2, 2006.
2.52 “Tandem SAR” means an SAR that is granted in connection with a related Option pursuant to Article 7 herein, the exercise of which shall require forfeiture of

 

 

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the right to purchase a Share under the related Option (and when a Share is purchased under the Option, the Tandem SAR shall similarly be canceled).

 

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