EAI Stock Value definition

EAI Stock Value means the average of the high and low per share sale price of the EAI Common Stock, as reported on the NASDAQ Stock Market National Market (the "NNM"), for the second trading day prior to the Closing, as reported in the NNM listings published in The Wall Street Journal. (c) "Transom Certificate" shall mean each certificate representing any shares of Transom Stock outstanding immediately prior to the Effective Time. (d) "Transom Common Stock" shall mean each share of the common stock, $.001 par value per share, of Transom. (e) "Transom Options" shall mean all options outstanding immediately prior to the Effective Time, whether or not then exercisable, to purchase shares of Transom Common Stock. (f) "Transom Preferred Stock" shall mean each share of the preferred stock, $.001 par value per share, of Transom. (g) "Transom Series A Preferred Stock" shall mean each share of Transom Preferred Stock designated as "Series A Non-Voting Convertible Preferred Stock". (h) "Transom Series A Warrants" shall mean all issued and outstanding warrants to purchase shares of Transom Series A Preferred Stock. (i) "Transom Series B Preferred Stock" shall mean each share of Transom Preferred Stock designated as "Series B Convertible Preferred Stock". (j) "Transom Stock" shall mean all of the Transom Common Stock and the Transom Preferred Stock.
View Source
EAI Stock Value means $48.00 per share of EAI Common Stock. (c) "Sub Stock" shall mean each share of the common stock, no par value per share, of Sub. (d) "VSA Certificate" shall mean each certificate representing any shares of VSA Stock outstanding immediately prior to the Effective Time. (e) "VSA Stock" shall mean each share of the common stock, $1.00 par value per share, of VSA, including the common stock of VSA being held pursuant to VSA's Employee Stock Ownership Plan.
View Source

Examples of EAI Stock Value in a sentence

  • The total consideration payable as provided herein to holders of VSA Stock upon consummation of the Merger shall be equal to that amount of EAI Common Stock having an aggregate EAI Stock Value equal to Twenty Six Million and 00/00 U.S. Dollars (U.S. $26,000,000).

  • The EAI Stock Value shall be greater than or equal to $42.00 per share (subject to appropriate and proportionate adjustment in the event of a reorganization, recapitalization, reclassification, stock dividend, stock split, reverse stock split, or other similar change in capitalization of EAI Common Stock).

  • No fractional shares of EAI Common Stock shall be issued, and in lieu thereof, EAI shall pay to each former shareholder of Cimtech who otherwise would be entitled to receive such fractional share an amount in cash determined by multiplying (i) the EAI Stock Value by (ii) the fraction of a share (rounded to the nearest thousandth when expressed as an Arabic number) of EAI Common Stock to which such holder would otherwise be entitled to receive pursuant to this Section 2.1.

  • No fractional shares of EAI Common Stock shall be issued, and in lieu thereof, EAI shall pay to each former shareholder of RTI who otherwise would be entitled to receive such fractional share an amount in cash determined by multiplying (i) the EAI Stock Value BY (ii) the fraction of a share (rounded to the nearest thousandth when expressed as an Arabic number) of EAI Common Stock to which such holder would otherwise be entitled to receive pursuant to this Section 2.1.

  • The "Exchange Ratio" shall be determined as follows: each share of VSA Stock shall be exchanged for that number of shares of EAI Common Stock equal to the quotient, carried to six decimal places, of (x) the number obtained by dividing (i) $26,000,000 by (ii) the total of the number of shares of VSA Stock outstanding immediately prior to the Effective Time, divided by (y) the EAI Stock Value.