Pro-Rated Amount definition
Pro-Rated Amount means the product of (A) the total number of RSUs granted pursuant to this Award and (B) a fraction, the numerator of which is the total number of calendar days that have elapsed from the Date of Grant through the date of the Termination of Service and the denominator of which is the total number of calendar days between the Date of Grant and the Vesting Date.
Pro-Rated Amount means the product of (x) the total number of Target PSUs and (y) a fraction, the numerator of which is equal to the number of complete months that have elapsed from the Date of Grant through the date of the termination of the Participant’s employment and the denominator of which is the total number of complete months between the Date of Grant and the Performance Period End Date.
Pro-Rated Amount means the total number of Restricted Stock Units multiplied by a fraction with the numerator equal to the number of days between January 1, 2018 and the date of the Grantee’s termination and the denominator equal to the number of days in the Performance Period.
Examples of Pro-Rated Amount in a sentence
For the avoidance of doubt, (i) no portion of any Founders Grant shall be pro- rated and (ii) each outstanding award other than the Pro-Rated Amount thereof shall be governed by the terms and conditions of the applicable award agreement as in effect on the date hereof (as modified by this Agreement).
In addition, notwithstanding anything to the contrary in the applicable award agreement, the Pro-Rated Amount of each outstanding stock option held by the Executive shall remain exercisable until the applicable original option expiration date (as set forth in the applicable option award agreement).
The Pro-Rated Amount, along with any additional restricted stock units accrued as dividend equivalents on the Pro-Rated Award, shall be settled no later than 30 days after the amount of the award is determined (but in no event later than the short-term deferral period under Treas.
More Definitions of Pro-Rated Amount
Pro-Rated Amount means an amount equal to the proportion of courses a part-time student is taking relative to a full- time student (see Appendix A: Maximum Eligible Funding Amounts (PSE))
Pro-Rated Amount means (A) the product of (x) the total number of RSUs granted hereunder and (y) a fraction, the numerator of which is equal to the number of complete months that have elapsed from the Date of Grant through the date of such termination and the denominator of which is the total number of complete months between the Date of Grant and the final vesting date set forth in the Grant Notice, minus (B) the number of RSUs that have vested prior to the date of such termination.
Pro-Rated Amount means the amount of compensation that a Director would be entitled to receive if the Director serves as such as of the beginning of a calendar year, multiplied by a fraction, the numerator of which is the number of full months remaining in the calendar year after the Director begins to serve as such and the denominator of which is 12.
Pro-Rated Amount means that number of shares determined by (a) multiplying the number of Restricted Shares covered by this Agreement (as set forth on the cover page) by a fraction, the numerator of which is the number of whole months that have elapsed since the Date of Grant to the date of Recipient’s termination under the first to occur of the events provided in this Section 2 and the denominator is * *[Insert the number of months until all restrictions would lapse under the agreement] and then (b) subtracting the number of Restricted Shares previously vested or forfeited. For purposes of this Agreement, a “Fundamental Change” in the Company shall be deemed to occur if any of the following occur:
Pro-Rated Amount means that number of shares determined by (a) multiplying the number of Restricted Shares covered by this Agreement (as set forth on the cover page) by a fraction, the numerator of which is the number of whole months that have elapsed since the Date of Grant to the date of Recipient’s termination under the first to occur of the events provided in this Section 2 and the denominator is 33 and then (b) subtracting the number of Restricted Shares previously vested or forfeited. For purposes of this Agreement, a “Fundamental Change” in the Company shall be deemed to occur if any of the following occur:
Pro-Rated Amount. $” into the Results field.