Common use of VWAP Clause in Contracts

VWAP. All shares of Class A Common Stock issued in connection with the Mandatory DRIP and Optional Drip shall be valued at a 3% discount to the volume weighted average price for the five trading days prior to the applicable record date.

Appears in 3 contracts

Sources: Stockholders Agreement (Kinetik Holdings Inc.), Stockholders Agreement (Apache Corp), Stockholders Agreement (Blackstone Holdings III L.P.)