Proceeds Per Share definition

Proceeds Per Share means the fair market value, as determined in good faith by the Committee, of the consideration to be received per Share by the stockholders of the Company upon occurrence of a Change of Control.
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Proceeds Per Share means the amount of proceeds or deemed proceeds to the Relevant Investors as a result of the Trigger Event as determined pursuant to Section 6.3 divided by the number of Initial Shares. If the Trigger Event results in the then outstanding Common Stock being exchanged for other securities on other than a one-to-one basis, then the Special Management Shares shall be multiplied by the number of such securities issued in exchange for each share of Common Stock pursuant to such Trigger Event.
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Examples of Proceeds Per Share in a sentence

  • If the Preliminary Total Proceeds Per Share is equal to or greater than $2.49, the Company (or its successor, as applicable) shall determine the Total Proceeds Per Share.

  • If the Director is an Eligible Participant on the Closing Date, then on each Payment Date other than the Closing Date, the Company (or its successor, as applicable) shall determine the Preliminary Total Proceeds Per Share.

  • If the Total Proceeds Per Share is equal to or greater than $2.49, the Executive shall be entitled to a Bonus Payment on such Payment Date equal to (i) the product of (A) the Total Proceeds Per Share multiplied by (B) the Bonus Shares, less (ii) the sum of (A) the Aggregate Exercise Price and (B) any previous Bonus Payments made hereunder.

  • If the Total Proceeds Per Share is equal to or greater than $2.49, the Director shall be entitled to a Bonus Payment on such Payment Date equal to (i) the product of (A) the Total Proceeds Per Share multiplied by (B) the Bonus Shares, less (ii) the sum of (A) the Aggregate Exercise Price and (B) any previous Bonus Payments made hereunder.

  • If the Executive is an Eligible Participant on the Closing Date, then on each Payment Date other than the Closing Date, the Company (or its successor, as applicable) shall determine the Preliminary Total Proceeds Per Share.