Stock Value Date definition
Stock Value Date is the first day after September 15, 2005, on which the average of the Closing Price of the Stock for ten (10) consecutive trading days equals or exceeds $20.00 per share. The "Closing Price of the Stock" means the final trading price per share of the Stock as reported in The Wall Street Journal listing of consolidation trading for New York Stock Exchange issues.
Stock Value Date is the first day after the Grant Date on which the average of the Closing Price of the Stock for ten (10) consecutive [trading] days equals or exceeds $25.00 per share. The “Closing Price of the Stock” means the final trading price per share of the Stock as reported in The Wall Street Journal listing of consolidation trading for New York Stock Exchange issues or the principal stock exchange on which the Stock is then traded. If the Executive’s employment relationship with the Company and all of its Affiliates terminates before the applicable lapse date set forth in this subsection (a), except as otherwise specified in subsections (b) or (c) below, the Forfeiture Restrictions then applicable to the Stock Units shall not lapse and all the Stock Units then subject to the Forfeiture Restrictions shall be forfeited to the Company upon such termination of the Executive’s employment relationship.