Common use of Proportionate Amount Clause in Contracts

Proportionate Amount. An Exercising Investor’s “Proportionate Amount” is equal to the product obtainable by multiplying (x) the total number of Preferred Transfer Shares, by (y) a fraction the numerator of which shall be the number of Common Share Equivalents owned by such Exercising Investor on the date of the Original Preferred Transfer Notice and the denominator of which shall be the aggregate number of all Common Shares Equivalents owned by all Exercising Investors on the date of the Original Preferred Transfer Notice.

Proportionate Amount. An Exercising Investor’s “Proportionate Amount” is equal to the product obtainable by multiplying (x) the total number of Preferred Investor Transfer Shares, by (y) a fraction fraction, the numerator of which shall be the number of Common Ordinary Share Equivalents owned held by such Exercising Investor (on an as converted basis) on the date of the Original Preferred Investor Transfer Notice and the denominator of which shall be the aggregate number of all Common Shares Ordinary Share Equivalents owned held by all the Exercising Investors (on an as converted basis) on the date of the Original Preferred Investor Transfer Notice.