Definition of Pre-Announcement Price

  1. Pre-Announcement Price means $15.69, being the average of the daily high and low reported sales price of shares of the Common Stock on the American Stock Exchange over the 20 trading days immediately prior to the date of the public announcement of the Master Agreement and the transactions contemplated thereby.

Definition of Pre-Announcement Price in Warrant Agreement

Pre-Announcement Price means $15.69, being the average of the daily high and low reported sales price of shares of the Common Stock on the American Stock Exchange over the 20 trading days immediately prior to the date of the public announcement of the Master Agreement and the transactions contemplated thereby.