Examples of Termination Amount in a sentence
The Warrants are speculative and involve a degree of risk, including the risk of expiring worthless if the price of a Share included in the Underlying Parcel falls below the Exercise Price and the risk that UBS may be unable to fulfil its obligation to pay the Cash Settlement Amount, any Distribution Amount, Rights Amount or Termination Amount.
If the employee does not meet all of these criteria, his or her voluntary termination is considered a resignation.(3) The table reflects the Termination Amount for all currently employed NEOs other than Mr. Cameron who has grandfathered provisions in his executive agreements that provide for the inclusion of the value of his long-term incentives in the calculation of the Termination Amount in the event of a Change of Control and termination within 24 months.
For all other NEOs – Mr. Floren, Ms. James, Mr. Herz, and Ms. Bach – the value of long-term incentive awards is not included as part of the calculation of the Termination Amount.
UBS will nominate an Early Termination Date on occurrence of an Extraordinary Event affecting a Series and the Holder will receive the Termination Amount per Warrant as determined by the Calculation Agent.Payment of Cash Settlement Amount A Holder will receive the Cash Settlement Amount on exercise of the Warrant.