Common use of Additional Restricted Stock Units Clause in Contracts

Additional Restricted Stock Units. 1. The number of shares of common stock subject to the Additional Restricted Stock Units shall be determined by dividing $1 million dollars by the average per share closing price of the Company’s common stock on the stock exchange in which the stock is principally traded for the 20 business days immediately prior to the date of the grant.

Appears in 2 contracts

Samples: Haddrill Employment Agreement (Bally Technologies, Inc.), Haddrill Employment Agreement (Bally Technologies, Inc.)

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Additional Restricted Stock Units. 1. The number of shares of common stock subject to the Additional Restricted Stock Units shall be was determined by dividing $1 1.5 million dollars by the average per share closing price of the Company’s common stock on the stock exchange in which the stock is principally traded for the 20 business days immediately prior to the date of the grant.

Appears in 2 contracts

Samples: Haddrill Employment Agreement (Bally Technologies, Inc.), Haddrill Employment Agreement (Bally Technologies, Inc.)

Additional Restricted Stock Units. 1. The number of shares of common stock subject to the Additional Restricted Stock Units shall be was determined by dividing $1 4.0 million dollars by the average per share closing price of the Company’s common stock on the stock exchange in which the stock is principally traded for the 20 business days immediately prior to the date of the grantgrant (the “Average Price”).

Appears in 1 contract

Samples: Haddrill Employment Agreement (Bally Technologies, Inc.)

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Additional Restricted Stock Units. 1. The number of shares of common stock subject to the Additional Restricted Stock Units shall be was determined by dividing $1 1.7 million dollars by the average per share closing price of the Company’s common stock on the stock exchange in which the stock is principally traded for the 20 business days immediately prior to the date of the grant.

Appears in 1 contract

Samples: Haddrill Employment Agreement (Bally Technologies, Inc.)

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