Common use of Share Delivery Quantity Clause in Contracts

Share Delivery Quantity. For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date in respect of such Settlement Date, rounded down to the nearest whole number plus any Fractional Share Amount.

Appears in 5 contracts

Samples: Letter Agreement (Hornbeck Offshore Services Inc /La), Hornbeck Offshore Services Inc /La, Hornbeck Offshore Services Inc /La

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Share Delivery Quantity. For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date in respect of for such Settlement Date, rounded down to the nearest whole number plus any Fractional Share Amount.

Appears in 4 contracts

Samples: Letter Agreement (Axon Enterprise, Inc.), Letter Agreement (CalAmp Corp.), Letter Agreement (CalAmp Corp.)

Share Delivery Quantity. For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date in respect of for such Settlement Date, rounded down to the nearest whole number plus any Fractional Share Amountnumber.

Appears in 3 contracts

Samples: Letter Agreement (Akamai Technologies Inc), Letter Agreement (Shutterfly Inc), ServiceNow, Inc.

Share Delivery Quantity. For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Cash Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date in respect of for such Settlement Date, rounded down to the nearest whole number plus any Fractional Share Amount.

Appears in 1 contract

Samples: Letter Agreement (Ariad Pharmaceuticals Inc)

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Share Delivery Quantity. For any Settlement Date, a number of Shares, as calculated by the Calculation Agent, equal to the Net Share Settlement Amount for such Settlement Date divided by the Settlement Price on the Valuation Date in respect of such Settlement Date, rounded down to the nearest whole number number, plus any Fractional Share Amount.

Appears in 1 contract

Samples: Letter Agreement (Group 1 Automotive Inc)

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