Payment Upon Exercise. (i) Upon the exercise of a Free Standing Right, the Participant shall be entitled to receive up to, but not more than, that number of Shares, determined using the Fair Market Value, equal in value to the excess of the Fair Market Value as of the date of exercise over the price per share specified in the Free Standing Right multiplied by the number of Shares in respect of which the Free Standing Right is being exercised.
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Samples: Business Combination Agreement (StoneBridge Acquisition Corp.), Business Combination Agreement (Goal Acquisitions Corp.), Business Combination Agreement (Goal Acquisitions Corp.)
Payment Upon Exercise. (i) Upon the exercise of a Free Standing Right, the Participant shall be entitled to receive up to, but not more than, that number of Sharesshares of Common Stock, determined using the Fair Market Value, equal in value to the excess of the Fair Market Value as of the date of exercise over the price per share specified in the Free Standing Right multiplied by the number of Shares shares of Common Stock in respect of which the Free Standing Right is being exercised.
Appears in 1 contract
Payment Upon Exercise. (i) Upon the exercise of a Free Standing Right, the Participant shall be entitled to receive up to, but not more than, that number of Shares, determined using the Fair Market Value, equal in value to the excess of Table of Contents the Fair Market Value as of the date of exercise over the price per share specified in the Free Standing Right multiplied by the number of Shares in respect of which the Free Standing Right is being exercised.
Appears in 1 contract
Samples: Business Combination Agreement (Altimar Acquisition Corp. II)
Payment Upon Exercise. (i1) Upon the exercise of a Free Standing Share Appreciation Right, the Participant shall be entitled to receive up to, but not more than, that number of Shares, determined using the Fair Market Value, Shares equal in value to the excess of the Fair Market Value of a Share as of the date of exercise over the price per share Share specified in the Free Standing Share Appreciation Right (which price shall be no less than 100% of the Fair Market Value of a Share on the date of grant) multiplied by the number of Shares in respect of which the Free Standing Share Appreciation Right is being exercised, with the Administrator having the right to determine the form of payment.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (AdvancePierre Foods Holdings, Inc.)
