Common Equivalent Share definition

Common Equivalent Share has the meaning set forth in Section 11(c)(1)(B) of this Agreement.
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Common Equivalent Share means at any date of determination, (i) as to any outstanding Shares of Common Stock issued to or held by any Stockholder, such number of Shares of Common Stock, and (ii) as to any other outstanding Equity Securities which constitute Shares, the maximum number of Shares of Common Stock for which or into which such Equity Securities may at the time be exercised, converted or exchanged (or which will become exercisable, convertible or exchangeable on or prior to, or by reason of, the transaction or circumstance in connection with which the number of Common Equivalent Shares is to be determined).
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Common Equivalent Share means any Share that would be outstanding if all contingent issuances of Shares and all other shares convertible into Shares were exercised.
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Examples of Common Equivalent Share in a sentence

  • The term "Common Share" whenever it is used in this Agreement means both a share of Common Stock and a Common Equivalent Share.

  • The Company shall take all actions reasonably necessary so that as nearly as possible each Common Equivalent Share represents substantially the same interest in the Company, has the same dividend rate, and has other characteristics as similar as possible to one share of Common Stock.

  • To the extent excess authorized Common Stock remains after the readjustment required by the preceding sentence, the holder of any outstanding Common Equivalent Share shall have the right at any time to require the Company to exchange that share for a share of Common Stock.

  • The term “Common Share” whenever it is used in this Agreement means both a share of Common Stock and a Common Equivalent Share.

  • The Company shall take all actions reasonably necessary so that as nearly as possible each Common Equivalent Share represents substantially the same interest in the Company as, and has the same dividend rate as, and has other characteristics as similar as possible to, one share of Common Stock.

  • NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA) (UNAUDITED) NOTE (1) -- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Net Income Per Common and Common Equivalent Share The following data show the amounts used in computing earnings per share and the effect on income and the weighted average number of shares of dilutive potential common stock.

  • The term "COMMON STOCK" whenever it is used in this Agreement means both a Common Share and a Common Equivalent Share.

  • After the Effective Time, the per share exercise price for each such assumed Company Option shall be determined by dividing the exercise price per share of Company Common Stock subject to such Company Option, as in effect immediately prior to the Effective Time, by the sum of (1) the Common Equivalent Share Amount, plus (2) the quotient of (x) the Common Equivalent Cash Amount divided by (y) the Trading Price, rounded up to the nearest whole cent.

  • The term ACommon Share@ whenever it is used in this Agreement means both a share of Common Stock and a Common Equivalent Share.