Common use of Average Share Price Clause in Contracts

Average Share Price. For purposes of determining the TSR used in the Performance Metric, the "Average Share Price" means the average daily closing price of the shares on the NASDAQ Global Select Market (or if the company is not listed on the NASDAQ Global Select Market, then on the principal securities exchange on which such shares are tracked) as published by a reputable source over the relevant measuring period.

Appears in 8 contracts

Samples: Performance Share Agreement (SRC Energy Inc.), Performance Share Agreement (PDC Energy, Inc.), Performance Share Agreement (PDC Energy, Inc.)

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Average Share Price. For purposes of determining the TSR used in the Performance Metric, the "Average Share Price" means the average daily closing price of the shares on the NASDAQ Global Select Market (or if the company is not listed on the NASDAQ Global Select Market, then on the principal securities exchange on which such shares are tracked) as published by a reputable source over the relevant measuring period.

Appears in 2 contracts

Samples: Performance Share Agreement (PDC Energy, Inc.), Performance Share Agreement (Petroleum Development Corp)

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Average Share Price. For purposes of determining the TSR used in the Performance Metric, the "β€œAverage Share Price" ” means the average daily closing price of the shares on the NASDAQ Global Select Market (or if the company is not listed on the NASDAQ Global Select Market, then on the principal securities exchange on which such shares are tracked) as published by a reputable source over the relevant measuring period.

Appears in 1 contract

Samples: Performance Share Agreement (Petroleum Development Corp)

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