Phantom Equity Appreciation Rights Value of Company

Phantom Equity Appreciation Rights Value of Company. The increase, or decrease, of the value of a share of Phantom Equity, 50% of which is to be determined by the 30-day average, between January 1 and January 31, of the closing price on the stock exchange of one share of Stock, as calculated by the Committee, and 50% of which is determined to be the value of the Participant's Employer as of the last day of each Plan Year, as calculated by the third-party consultant chosen by the Committee, over its Grant Value Basis. The Phantom Equity... Appreciation Rights Value of Company shall be reviewed, approved and recorded by the Committee annually View More