Capitalization threshold definition
Examples of Capitalization threshold in a sentence
Market Cap @ Threshold Achievement 80% 90% Market Cap @ Target Achievement 90% 100% ◾ Vesting% is deemed to be achieved only if both the Market Capitalization and Net Revenue threshold or target have been met; For example, 80% vesting is deemed achieved only if the Market Capitalization threshold of $9 Bn and Net Revenue threshold of $1.9 Bn have been achieved.
For example ◾ 80% of the RSUs/ADSs granted herein is deemed vested on meeting the Market Capitalization threshold of $9 Bn and Net Revenue target of $1.9 Bn. The remaining 20% of the RSUs/ADSs granted herein shall remain unvested and be available for future vesting as against target achievement.
This Agreement shall terminate upon the earlier of (a) the date on which all of the Holder Shares have been converted to Common Stock and (b) the date the Market Capitalization threshold stated in section 1(e) above is met.