Equivalent Common Shares definition

Equivalent Common Shares shall have the meaning set forth in Section 11(b) hereof.

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Equivalent Common Shares has the meaning set forth in Section 11(a)(iii).

Equivalent Common Shares shall have the meaning set forth in Section 11(b) hereof; (vii) "Nasdaq" shall have the meaning set forth in Section 11(d) hereof; (viii) "Principal Party" shall have the meaning set forth in Section 13(b) hereof; (ix) "Purchase Price" shall have the meaning set forth in Sections 4(a), 11(a)(ii) and 13 hereof; (x) "Redemption Price" shall have the meaning set forth in Section 23(a) hereof; (xi) "Rights Certificates" shall have the meaning set forth in Section 3(a) hereof; (xii) "Section 11(a)(ii) Trigger Date" shall have the meaning set forth in Section 11(a)(iii) hereof; (xiii) "Spread" shall have the meaning set forth in Section 11(a)(iii) hereof; (xiv) "Substitution Period" shall have the meaning set forth in Section 11(a)(iii) hereof; (xv) "Summary of Rights" shall have the meaning set forth in Section 3(b) hereof; and (xvi) "Trading Day" shall have the meaning set forth in Section 11(d) hereof.

Examples of Equivalent Common Shares in a sentence

In the event of a Change of Control of the Company (as defined in the Plan), all of Employee’s rights in the Deferred Common Share Award and the related Dividend Equivalent Common Shares shall become immediately and fully vested and Common Shares underlying the Deferred Common Share Award and the related Dividend Equivalent Common Shares will be delivered in connection with and immediately prior to such Change in Control of the Company.
Upon any other termination of employment of the Employee, the Employee’s rights in the Deferred Common Share Award and the related Dividend Equivalent Common Shares shall immediately and automatically terminate, and no Common Shares or Dividend Equivalent Common Shares in respect of such Deferred Common Share Award not previously issued shall thereafter be issued.
For purposes of this Section 11(a)(iii), the value of each Adjustment Share shall be the Current Per Share Market Price of the Common Shares on the Section 11(a)(ii) Trigger Date, and any Equivalent Common Shares shall be deemed to have the same value as the Common Shares on such date.
Shares of Common Stock and Equivalent Common Shares owned by or held for the account of the Company shall not be deemed outstanding for the purpose of any such computation.
Notwithstanding the foregoing, in no event shall the Company be required to issue any securities (including Common Shares or Equivalent Common Shares), other assets or cash upon exercise of a Right, if, in the judgment of the Board, doing so would violate the terms of any material agreement or instrument of the Company or any of its Subsidiaries.
Notwithstanding the foregoing, in no event shall the Company be required to issue any securities (including Common Shares or Equivalent Common Shares), other assets or cash upon exercise of a Right, if, in the judgment of the Rights Plan Committee, doing so would violate the terms of any material agreement or instrument of the Company or any of its Subsidiaries.
Common Shares and Equivalent Common Shares owned by or held for the account of the Company shall not be deemed outstanding for the purpose of any such computation.
Employee is hereby awarded the right to receive, without payment, the following number of Common Shares (plus the applicable number of Dividend Equivalent Common Shares) on the following dates: 2,166.67 Common Shares to be delivered on January 24, 2009.
For purposes of this Section 11(a)(iii), the value of each Adjustment Share shall be the current market price per share of the Common Shares on the Section 11(a)(ii) Trigger Date and the per share or per unit value of any Equivalent Common Shares shall be deemed to equal the current market price per share of the Common Stock on such date.
Subject to the terms and conditions of the Rights Agreement, the Corporation may exchange any or all of the Rights represented by this Rights Certificate for Common Shares (or Equivalent Common Shares) at an exchange ratio of one-third of a Common Share (or an appropriate number of Equivalent Common Shares) per Right (subject to adjustment as provided in the Rights Agreement).

More Definitions of Equivalent Common Shares

Equivalent Common Shares means any shares of the Company's capital stock having substantially the same rights, privileges and preferences as the Common Shares.

Equivalent Common Shares has the meaning ascribed thereto in Section 2.3(b) hereof.

Equivalent Common Shares shall have the meaning set forth in Section 11 (b) hereof. (i) "Final Expiration Date" shall have the meaning set forth in Section 7 hereof. (j) [Deleted] (k) "Person" shall mean any individual, firm, corporation, partnership or other entity, and shall include any successor (by merger or otherwise) of such entity. (l) "Record Date" shall have the meaning set forth in the second paragraph at the beginning of this Agreement. (m) "Redemption Date" shall have the meaning set forth in Section 7 hereof. (n) "Shares Acquisition Date" shall mean the first date of public announcement (which, for purposes of this definition, shall include, but not be limited to, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

Equivalent Common Shares means, with respect to any given Equity Contribution, the closest whole number of duly authorized, validly issued, fully paid and non-assessable shares of MEHC’s common stock calculated by dividing the amount of such Equity Contribution by the Common Stock Valuation on the date of such Equity Contribution.