stock apprecation rights(Share appreciation rights (SARs) are incentive plans that tie compensation to the share value of a company's stock without the actual issuance of shares to plan participants. A share-appreciation right entitles the holder to a payment, in stock or cash, equal to the amount by which the underlying stock has appreciated since the right was granted. The rights are generally subject to a vesting schedule and a contractual term. If not exercised within the contractual term, the rights expire. 'More); share apprecation rights(Share appreciation rights (SARs) are incentive plans that tie compensation to the share value of a company's stock without the actual issuance of shares to plan participants. A share-appreciation right entitles the holder to a payment, in stock or cash, equal to the amount by which the underlying stock has appreciated since the right was granted. The rights are generally subject to a vesting schedule and a contractual term. If not exercised within the contractual term, the rights expire. 'More)