Common use of Daily Option Value Clause in Contracts

Daily Option Value. For any Valid Day, an amount equal to (i) the Option Entitlement on such Valid Day, multiplied by (ii) the Relevant Price on such Valid Day less the Strike Price on such Valid Day; provided that if the calculation contained in clause (ii) above results in a negative number, the Daily Option Value for such Valid Day shall be deemed to be zero. In no event will the Daily Option Value be less than zero. Applicable Limit: For any Option, an amount of cash equal to the Applicable Percentage, multiplied by the excess of (i) the aggregate of (A) the amount of cash, if any, delivered to the “Holder” (as defined in the Indenture) of the related Convertible Note upon conversion of such Convertible Note and (B) the number of Shares, if any, delivered to the “Holder” (as defined in the Indenture) of the related Convertible Note upon conversion of such Convertible Note, multiplied by the Applicable Limit Price on the Settlement Date for such Option, over (ii) USD 1,000. Applicable Limit Price: On any day, the opening price as displayed under the heading “Op” on Bloomberg page “RHT <equity>” (or its equivalent successor if such page is not available).

Daily Option Value. For any Valid Day, an amount equal to (i) the Option Entitlement on such Valid Day, multiplied by (ii) (A) the lesser of the Relevant Price on such Valid Day and the Cap Price, less (B) the Strike Price on such Valid Day; provided that if the calculation contained in clause (ii) above results in a negative number, the Daily Option Value for such Valid Day shall be deemed to be zero. In no event will the Daily Option Value be less than zero. Applicable Limit: For any Option, an amount of cash equal to the Applicable Percentage, Percentage multiplied by the excess of (i) the aggregate of (A) the amount of cash, if any, delivered cash paid to the “Holder” (as defined in the Indenture) Holder of the related Convertible Note upon conversion of such Convertible Note and (B) the number of Shares, if any, delivered to the “Holder” (as defined in the Indenture) Holder of the related Convertible Note upon conversion of such Convertible Note, Note multiplied by the Applicable Limit Price on the Settlement Date for such Option, over (ii) USD 1,000. Counterparty shall notify Dealer (which notice may, for the avoidance of doubt, be by email) of such amount of cash and number of Shares, if any, prior to the Settlement Date. Applicable Limit Price: On any day, the opening price as displayed under the heading “Op” on Bloomberg page “RHT MCHP <equity>” > (or its equivalent any successor if such page is not availablethereto).

Daily Option Value. For any Valid Day, an amount equal to (i) the Option Entitlement on such Valid Day, multiplied by (iiii)(A) the amount by which the Cap Price exceeds the Strike Price, if the Relevant Price on such Valid Day less is equal to or greater than the Cap Price, (B) the amount by which such Relevant Price exceeds the Strike Price, if such Relevant Price is greater than the Strike Price on but less than the Cap Price or (C) zero, if such Valid Day; provided that if Relevant Price is less than or equal to the calculation contained in clause (ii) above results in a negative number, the Daily Option Value for such Valid Day shall be deemed to be zeroStrike Price. In no event will the Daily Option Value be less than zero. Applicable Limit: For any Option, an amount of cash equal to the Applicable Percentage, Percentage multiplied by the excess of (i) the aggregate of (A) the amount of cash, if any, cash delivered to the “Holder” (as defined in the Indenture) Holder of the related Convertible Note upon conversion of such Convertible Note and (B) the number of Shares, if any, delivered to the “Holder” (as defined in the Indenture) Holder of the related Convertible Note upon conversion of such Convertible Note, in each case, pursuant to the terms of the Indenture, multiplied by the Applicable Limit Price on the Settlement Date for such Option, over (ii) USD 1,000. Applicable Limit Price: On any day, the opening price as displayed under the heading “Op” on Bloomberg page “RHT GTLS <equity>” > (or its equivalent successor if such page is not available).