Treasury Method definition
Examples of Treasury Method in a sentence
The Subscription Shares will represent 0.93% of the outstanding share capital of the Company (prior to the issuance of such Subscription Shares) on a Fully-Diluted (by Treasury Method) (as defined in the Investor Rights Agreement) basis as of May 31, 2018.
The Subscription Shares will represent 5.22% of the outstanding share capital of the Company (prior to the issuance of such Subscription Shares) on a Fully-Diluted (by Treasury Method) (as defined in the Investor Rights Agreement) basis as of May 31, 2016.
Once the contemplated merger transaction closes you will be provided a stock option grant in a quantity representing 1.0% of the merged company’s fully diluted common stock using Treasury Method calculation, under the Company’s newly formed Equity Incentive Plan (the “Plan”).
Immediately following execution of this Agreement, the Company shall grant Founder or ▇▇▇ ▇▇▇▇▇ 93,780,970 ESOP Shares from the Additional ESOP Shares (“Founder ESOP Shares”) (representing 4% on Fully-Diluted (by Treasury Method) basis and 80% of the Additional ESOP Shares).
For the purposes of this Agreement, “Fully-Diluted (by Treasury Method) basis)” shall have the meaning set forth in the Tencent Share Subscription Agreement.