Ownership Component definition
Examples of Ownership Component in a sentence
In the event of any change in Company Stock through stock dividends, split-ups, stock splits or reverse stock splits, recapitalizations, reclassifications, conversions or otherwise, then the Board will make appropriate adjustment or substitution in the aggregate value of the Prior Benefit Component, the Stock Award Component and the Stock Ownership Component.
The purchase price for that portion of the Interest which is the subject of an Option shall be equal to the Fair Market Value of the Interest (or relevant portion thereof) as represented by the positive balances in the various components of the Optionee's Targeted Capital Account determined in accordance with the procedures set forth in Exhibit A (Acquisition Return Component), Exhibit B (Annual Appreciation Component), and Exhibit C (Equity Ownership Component), as applicable.
There shall be a separate Equity Ownership Component maintained for each Investment Strategy and determinations with respect to one Investment Strategy shall not affect the determinations with respect to any other Investment Strategy.
The Equity Ownership Component of each Member's Targeted Capital Account shall be credited with an amount equal to the percentage set forth below of the "Improved Equity Value" of each Investment Strategy as of the Liquidity Date.