Distribution Ratio. Distribution Ratio" means the number of shares of Resources Common Stock each holder of REI Common Stock on the Record Date (or such holder's designated transferee or transferees) will be entitled to receive in the Distribution determined by multiplying the number of shares of REI Common Stock held by such holder on the Record Date by a fraction, the numerator of which is the number of shares of Resources Common Stock beneficially owned by REI on the Record Date and the denominator of which is the number of shares of REI Common Stock outstanding on the Record Date.
Appears in 3 contracts
Sources: Employee Matters Agreement (Reliant Resources Inc), Employee Matters Agreement (Reliant Energy Resources Corp), Employee Matters Agreement (Reliant Resources Inc)