Examples of Closing Average Period in a sentence
In addition, in the event the Company shall pay any dividends during the Performance Period, for each vested Restricted Stock Unit, Awardee shall be entitled to receive additional shares of Stock equal to the amount of dividends paid per share of Stock during the Performance Period divided by the closing price of the Stock on the last trading date in the Closing Average Period.
In the event a Participant’s death or Disability results in a Truncated Performance Period, notwithstanding anything in this Agreement to the contrary, TSR shall be calculated in the same manner as set forth in Exhibit B, except that, the Closing Average Period shall mean the twenty (20) trading days immediately prior to and including the last day of the Truncated Performance Period.
This Lease can only be modified by a writing signed by each of the parties to it.