Target Share definition
Examples of Target Share in a sentence
No Target Share shall be deemed to be outstanding or to have any rights other than those set forth above in this Section 2(d)(v) after the Effective Time.
Subject to possible reduction under Section 4, the number of Strategic Performance Shares to be issued or otherwise delivered to Recipient shall be determined by multiplying the Strategic Payout Factor by the Strategic Target Share Amount.
Subject to adjustment under Sections 3, 4, 5 and 6, the number of Performance Shares to be issued to Recipient shall be determined by multiplying the Payout Factor by the Target Share Amount.
Recipient’s “Strategic Target Share Amount” for purposes of this Agreement is 25% of the Target Share Amount.
Recipient’s “TSR Target Share Amount” for purposes of this Agreement is 75% of the Target Share Amount.