Deferred Stock. The number of shares of Deferred Stock subject to this Agreement shall be determined as of each Quarterly Grant Date and shall be equal to the ratio of (A) the aggregate value of the Director’s fees for the applicable calendar quarter to be paid in the form of Deferred Stock pursuant to Director’s election on Exhibit A attached hereto, to (B) the Fair Market Value per share of Stock as of such Quarterly Grant Date.
Appears in 5 contracts
Samples: Deferred Stock Award Agreement (Compass Minerals International Inc), Independent Director Deferred Stock Award Agreement (Compass Minerals International Inc), Director Deferred Stock Award Agreement (Compass Minerals International Inc)
