Definition of 5-Year Exercise Price


5-Year Exercise Price means $54.40 per share, subject to adjustment pursuant to Article 4.

Examples of 5-Year Exercise Price in a sentence

In no event shall the Company adjust the4-Year Exercise Price or the 5-Year Exercise Price or make a corresponding adjustment to the number of Common Shares issuable upon exercise of any Warrant to the extent that the adjustment would reduce the applicable Exercise Price below the par value of the Common Shares.