Beginning Price Sample Clauses

Beginning Price is the average Price for the period of 20 trading days immediately preceding the first day of the Performance Period.
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Beginning Price is the average Price for the period of 20 trading days immediately preceding the first day of the Performance Period. C. Ending Price is the average Price for the period of 20 trading days immediately preceding and including the final day of the Performance Period. D.
Sample 1Sample 2
Beginning Price. □ For purposes of calculating TSR, the beginning price shall for TSR be equal to the 20 trading-day average closing price for the publicly traded stock of the Company and each Peer Company immediately prior to, but not including the first day of, the Performance Period. Ending price □ For purposes of calculating TSR, the ending price shall be for TSR equal to the 20 trading-day average closing price for the publicly traded stock of the Company and each Peer Company ending with the last day of the Performance Period. Calculation of percentile rank □ After the end of the Performance Period, the Peer Companies, excluding the Company, will be ranked highest to lowest according to TSR, and a percentile rank will be calculated for each company. □ If the Company’s TSR is equal to or exceeds the highest TSR within the Peer Companies, then the Company’s percentile is the 100th. □ If the Company’s TSR is equal to or below the lowest TSR within the Peer Companies, then the Company's percentile is zero. □ Otherwise, the Company’s percentile rank will be determined based on interpolation by reference to the two Peer Companies whose TSRs are immediately above and below the Company's TSR. Certification of □ During the period between May 1, [●] and June 15, actual ROIC and [●], the Compensation Committee shall determine and TSR performance certify the Company’s actual performance in relation to the aforementioned ROIC and TSR metrics and the extent to which units are awarded. No rights to □ The Participant shall have no rights to dividends paid to dividend payments Company shareholders, or other rights as a shareholder, with respect to any shares that may be issued in settlement of this award until the Settlement Date. Special provisions □ Retirement regarding vesting Notwithstanding the “Vesting Requirements” set forth of awards above, if the Participant’s employment terminates by reason of retirement and (i) the sum of the Participant’s age and full years of service with the Company on the retirement date is 75 years or higher, or (ii) the Participant is at least 55 years of age with 10 full years of service as of the retirement date, the Units that otherwise would not be vested as of the date of termination shall not be forfeited and shall be payable on the Vest Date, as applicable, as described above.
Sample 1
Beginning Price where Dividends Reinvested equals the aggregate amount of the Company’s or Comparator Company’s (as applicable) dividends reinvested as of each ex-dividend date during the Performance Period. The Company will then determine the Company’s relative TSR percentile rank using the following formula: Percentile = n – r / n – 1 (where n = the number of companies being compared (including the Company); and r = the Company’s rank among the companies being compared) The RSUs will vest and become non-forfeitable based on the Company’s relative TSR percentile rank in accordance with the table below: Relative TSR Percentile Rank Vesting 80th Percentile or Higher Maximum Amount (200% of Target Amount) Between Median and 80th Percentile Target Amount + 3.34% of Target Amount for every point of percentile rank above Median Median Target Amount Between 25th Percentile and Median Target Amount – 2% of Target Amount for every point of percentile rank below Median 25th Percentile Threshold Amount (50% of Target Amount) Below 25th Percentile None The number of RSUs that vest for performance between the 25th Percentile and Median and between Median and the 80th Percentile shall interpolated on a straight-line basis as set forth in the table above. Notwithstanding the foregoing, if the Company’s TSR over the Performance Period is a negative number, no more than the Target Amount shall vest. General Rules The Company’s and each Comparator Company’s Ending Price shall be automatically adjusted to account for any stock split or similar change in capitalization effected without receipt of consideration, including a spin-off, in the same manner as set forth in Section 4.3 of the Plan. Any Comparator Company that was included in the SNL US REIT Healthcare Index as of the Start Date but is no longer included in such index as of the End Date shall not be used to determine relative TSR. If a Comparator Company was added to the SNL US REIT Healthcare Index after the Start Date, such Comparator Company’s average closing price for the 20 trading days (or such shorter period during which such Comparator Company’s stock was traded) prior to joining such index shall be used as its Beginning Price. For purposes of determining the number of RSUs that vest hereunder, all fractional percentiles and unit numbers below .5 shall be rounded down to the nearest whole percentile or number, respectively, and all fractional percentile ranks and unit numbers of .5 or greater shall be rounded up to the near...
Sample 1
Beginning Price with “Beginning Price” equal to the average of the closing price per Share on the New York Stock Exchange over the 40 consecutive trading days immediately preceding the Start Date, “Ending Price” equal to the average of the closing price per Share on the New York Stock Exchange over the 40 trading days ending on the final trading day of the Initial Award Vesting Period or Make-Whole Vesting Period, as applicable, (adjusted to give effect to stock splits and stock dividends during such period) and “Reinvested Dividends” equal to the aggregate value of cash dividends paid with respect to a Share during the Initial Award Vesting Period or Make-Whole Vesting Period, as applicable, plus (or minus) the earnings thereon, assuming for this purpose that each per Share cash dividend paid during the Initial Award Vesting Period or Make-Whole Vesting Period, as applicable, is reinvested on a pre-tax basis in additional Shares (or fractions thereof) at the closing price per Share on the New York Stock Exchange on the date that such dividend is paid.
Sample 1
Beginning Price. Beginning Price is the average closing price over the 30-day trading period from July 26, 2010 to September 3, 2010, including reinvestment of dividends during the 30-day trading period. Ending Price is the average closing price over the 30-day trading period beginning 3 trading days after the date of the release of the Company’s fiscal year 2013 earnings, including reinvestment of dividends during the 30-day trading period and accounting for reinvestment of dividends over the 3-year period; provided, however, that if the date of the release of the Company’s fiscal year 2013 earnings is more than 10 trading days after July 20, 2013, then the Ending Price will be equal to the average price over the 30-trading day period beginning on July 22, 2013. Relative TSR Percentile is measured relative to the TSR of each of the peer companies listed on Schedule B, attached hereto that have a class of equity securities which are both actively traded on a public securities market and are registered under the Exchange Act during each of the periods used to calculate the Beginning Price and the Ending Price. The group of peer companies is a closed group; a peer company that is in bankruptcy is included as the lowest TSR (i.e. the 1st percentile) and a peer company that is involved in a transaction, the result of which is that the company is no longer publicly traded, is excluded.
Sample 1
Beginning Price. The term “Beginning Price” means the average of the closing market prices of a company’s common stock on the principal exchange on which such stock is traded for the ninety (90) calendar day period ending with the first day of the Measurement Period.
Sample 1
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Related to Beginning Price

  • Offering Price Shares of any class of the Fund offered for sale by you shall be offered for sale at a price per share (the "offering price") approximately equal to (a) their net asset value (determined in the manner set forth in the Fund's charter documents) plus (b) a sales charge, if any and except to those persons set forth in the then-current prospectus, which shall be the percentage of the offering price of such Shares as set forth in the Fund's then-current prospectus. The offering price, if not an exact multiple of one cent, shall be adjusted to the nearest cent. In addition, Shares of any class of the Fund offered for sale by you may be subject to a contingent deferred sales charge as set forth in the Fund's then-current prospectus. You shall be entitled to receive any sales charge or contingent deferred sales charge in respect of the Shares. Any payments to dealers shall be governed by a separate agreement between you and such dealer and the Fund's then-current prospectus.

  • Closing Price Closing Price shall mean the last reported market price for one share of Common Stock, regular way, on the New York Stock Exchange (or any successor exchange or stock market on which such last reported market price is reported) on the day in question. If the exchange is closed on the day on which the Closing Price is to be determined or if there were no sales reported on such date, the Closing Price shall be computed as of the last date preceding such date on which the exchange was open and a sale was reported.

  • VALUATION PERIOD Each Division will be valued at the end of each Valuation Period on a Valuation Date. A Valuation Period is each Business Day together with any non-Business Days before it. A Business Day is any day the New York Stock Exchange (NYSE) is open for trading, and the SEC requires mutual funds, unit investment trusts, or other investment portfolios to value their securities. ACCUMULATION VALUE The Accumulation Value of this Contract is the sum of the amounts in each of the Divisions of the Variable Separate Account and General Account. You select the Divisions of the Variable Separate Account and General Account to which to allocate the Accumulation Value. The maximum number of Divisions to which the Accumulation Value may be allocated at any one time is shown in the Schedule. ACCUMULATION VALUE IN EACH DIVISION ON THE CONTRACT DATE On the Contract Date, the Accumulation Value is allocated to each Division as elected by you, subject to certain terms and conditions imposed by us. We reserve the right to allocate premium to the Specially Designated Division during any Right to Examine contract period. After such time, allocation will be made proportionately in accordance with the initial allocation(s) as elected by you. ON EACH VALUATION DATE At the end of each subsequent Valuation Period, the amount of Accumulation Value in each Division will be calculated as follows:

  • Sale Price (a) As consideration for the sale of the CEF Assets pursuant to Section 2.1 hereof, the Purchaser shall pay to the applicable Seller on the Closing Date, the CEF Purchase Price for the CEF Assets sold and transferred by such Seller to the Purchaser on the Closing Date. The CEF Purchase Price for the sale of CEF Assets shall be an amount equal to the fair market value thereof as agreed upon by the Purchaser and the applicable Seller prior to such sale.

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

  • Current Per Share Market Value For the purpose of any computation hereunder, the “Current Per Share Market Value” of any security (a “Security” for the purpose of this Section 11.4.1) on any date shall be deemed to be the average of the daily closing prices per share of such Security for the thirty (30) consecutive Trading Days (as such term is hereinafter defined) immediately prior to such date; provided, however, that in the event that the current per share market price of the Security is determined during any period following the announcement by the issuer of such Security of (i) a dividend or distribution on such Security payable in shares of such Security or securities convertible into such shares or (ii) any subdivision, combination or reclassification of such Security, and prior to the expiration of

  • Target Fair Market Value The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account at the time of signing the definitive agreement for the Business Combination with such Target Business (excluding taxes payable and the Deferred Underwriting Commissions). The fair market value of such business must be determined by the Board of Directors of the Company based upon standards generally accepted by the financial community, such as actual and potential sales, earnings, cash flow and book value. If the Board of Directors of the Company is not able to independently determine that the target business meets such fair market value requirement, the Company will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions with respect to the satisfaction of such criteria. The Company is not required to obtain an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

  • Measurement Period (b) In this Agreement, unless the contrary intention appears, a reference to:

  • Public Offering Price Except as otherwise noted in the Issuer’s current Prospectus and/or Statement of Additional Information, all shares sold to investors by Distributors or the Issuer will be sold at the public offering price. The public offering price for all accepted subscriptions will be the net asset value per share, as determined in the manner described in the Issuer’s current Prospectus and/or Statement of Additional Information, plus a sales charge (if any) described in the Issuer’s current Prospectus and/or Statement of Additional Information. The Issuer shall in all cases receive the net asset value per share on all sales. If a sales charge is in effect, Distributors shall have the right subject to such rules or regulations of the Securities and Exchange Commission as may then be in effect pursuant to Section 22 of the Investment Company Act of 1940 to pay a portion of the sales charge to dealers who have sold shares of the Issuer. If a fee in connection with shareholder redemptions is in effect, the Issuer shall collect the fee and, unless otherwise agreed upon by the Issuer and Distributors, the Issuer shall be entitled to receive all of such fees.

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