Company MSPP definition
Examples of Company MSPP in a sentence
Not more than 7,000 Shares will be issuable pursuant to the Company MSPP based on outstanding salary, bonus and annual retainer and meeting fee deferral elections, assuming the “Fair Market Value” (as defined in the Company MSPP) of a Share on the date any such Shares are provided is equal to the Merger Consideration.
Parent shall use its reasonable best efforts to take such actions as are necessary for the conversion of the Company Stock Options, Company RSUs and Company PLTIP Units pursuant to Section 2.10, the conversion of Company MSPP Units pursuant to Section 2.12(b), and the conversion of Company Deferred Units pursuant to Section 2.13(b), including the reservation, issuance and listing of Parent Common Stock as is necessary to effectuate the transactions contemplated by Section 2.10 and Section 2.12(b).