Maximum Dollar Value. If the Average Share Price is in excess of $100.00 as of December 31, 2027, then the maximum number of Shares to be delivered in settlement of vested PSUs that were earned prior to such date shall have a value equal to $66,666,666 (“Maximum Dollar Value”). In such event, the maximum number of Shares shall be calculated by dividing $66,666,666 by the Average Share Price as of December 31, 2027.
Appears in 2 contracts
Sources: Employment Agreement (Verizon Communications Inc), Performance Stock Unit Agreement (Verizon Communications Inc)