Common use of Modifier Clause in Contracts

Modifier. The Modifier shall be a fraction the denominator of which is the closing price of a share of the Company Stock on the Award Date and the numerator shall be the closing price of a share of Company Stock on the business day immediately preceding the date the award is paid.

Appears in 2 contracts

Sources: Restricted Cash Agreement, Restricted Cash Agreement (Alliant Energy Corp)

Modifier. The Modifier shall be a fraction the denominator of which is the closing price of a share of the Company Stock on the Award Date and the numerator shall be the closing price of a share of Company Stock on the business day immediately preceding proceeding the date the award is paid.

Appears in 1 contract

Sources: Restricted Cash Agreement (Alliant Energy Corp)