Common use of VWAP Price Clause in Contracts

VWAP Price. For any day, the per Share volume-weighted average price as displayed under the heading “Bloomberg VWAP” on Bloomberg page IPG <equity> VAP (or any successor thereto) in respect of the period from 9:30 a.m. to 4:00 p.m. (New York City time) on such day (or if such volume-weighted average price is unavailable, the market value of one Share on such day, as determined by the Calculation Agent).

Appears in 4 contracts

Samples: Interpublic Group of Companies, Inc., Interpublic Group of Companies, Inc., Interpublic Group of Companies, Inc.

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