EFTA Document EFTA01382746

I/A •fable of Contents market value of the shares of stock or cash payment received in tespa.t of the SAR. We will be able to deduct this same amount for federal income tax purposes, but such deduction may be limited under Sections 2806 and 162(m) of the Code for compensation paid to certain executives designated in those Sections. Any gain or loss recognized upon a subsequent sale or exchange of the shares is treated as capital gain or loss, as applicable, for which we arc not entitled to