Examples of Proration Factor in a sentence
The number of shares in the Initial Stock Grant to an Eligible Participant shall be determined by multiplying the Proration Factor (as defined below) by the amount determined by (A) dividing the Annual Stock Retainer as in effect for that Plan Year, by the Fair Market Value of the Stock on the Grant Date, and (B) rounding to the nearest whole number.
Importantly, we should ask whether taxpayers should be subsidizing the ability of higher income borrowers to buy a more expensive house, given the nation’s debt crisis.
Stratasys Shares accepted for payment pursuant to the offer will be paid promptly following the calculation of the final Proration Factor.
During the Proration Month, each New Shipper will be allocated a portion of the available capacity equal to its nomination made in good faith multiplied by the Proration Factor, up to the level of its nomination.
The Proration Factor is a fraction, the numerator of which is the number of full months of service as a Non-Employee Director between the Grant Date and the next annual shareholders’ meeting date, and the denominator of which is 12.