Calculation of Number of Shares. For all purposes of this Agreement, the number of Shares required to be owned by a Stockholder and its Affiliates in order to have certain rights or be subject to certain obligations shall be adjusted for all stock splits, stock dividends or similar events affecting all stockholders of the Company equally which may occur after the date hereof.
Calculation of Number of Shares. Each Performance Share shall represent the right to receive a number of Shares, if any, determined by multiplying the number of Performance Shares allocable to the 2017 Target Award Opportunity or the 2018 Target Award Opportunity, as applicable by the Achievement Percentage (as set forth in the table below) applicable to the 2017 Performance Period and/or the 2018 Performance Period (as applicable, each, a “Performance Period”), which Shares, if any, shall be settled in accordance with Section 8 below. The Achievement Percentage with respect to any Performance Period shall be based upon the Performance Level as determined in accordance with Section 4 below: Performance Level Actual APS Achievement Percentage Maximum 130% of Target 2017 APS or Target 2018 APS, as applicable 200% Target Target 2017 APS or Target 2018 APS, as applicable 100% Threshold 70% of Target 2017 APS or Target 2018 APS, as applicable 50% Below Threshold < 70% of Target 2017 APS or Target 2018 APS, as applicable 0% Payout for performance between Maximum and Target or Threshold and Target shall be interpolated on a straight-line basis.
Calculation of Number of Shares. When a payment or reimbursement hereunder is required to be made in the form of Common Stock, the number of shares of Common Stock to be issued with respect to such payment or reimbursement shall be calculated as follows as of the date on which such shares are required to be issued: Number = ($ Amount) / (AP x WADTP) Where: o Number = Number of shares of Common Stock to be issued, rounded to the nearest whole share; o $ Amount = The U.S. Dollar amount to be paid or reimbursed in Common Stock; o AP = The Applicable Percentage; and o WADTP = The Weighted Average Daily Trading Price
Calculation of Number of Shares. The number of Shares to be issued to Purchaser at the Closing shall be equal to (x) the Fully-Diluted Common Stock Number, divided by (y) 0.49, and multiplied by (z) 0.51, such that after the issuance of the Shares Purchaser owns 51.00% of the Fully-Diluted Common Stock Number. The "Fully-Diluted Common Stock Number" means the number of shares of Common Stock issued and outstanding as of the Closing, immediately prior to the issuance of the Shares, calculated on a Fully-Diluted Basis (and assuming that the Option Adjustments have been made), where "Fully-Diluted Basis" means, as of the time of determination, that number of shares of Common Stock that are then issued and outstanding (excluding shares held in treasury), plus that number of shares of Common Stock then issuable upon the exercise of any outstanding options, warrants or other rights to acquire shares of Common Stock (regardless of whether or not such options, warrants or other rights are subject to further restrictions on exercise or "vesting"), where the per share exercise price or other consideration payable to acquire such shares of Common Stock is equal to less than the closing price of a share of Common Stock on the principal exchange on which such shares of Common Stock are traded, with such options, warrants or other rights being referred to hereinafter as "Qualified Contingent Securities".
Calculation of Number of Shares. The number of Shares to be delivered to Seller pursuant to Section 1.2 shall be determined by dividing (x) $1,500,000 by (y) the trailing average closing price of a share of Common Stock on the New York Stock Exchange calculated over the ten trading days immediately preceding June 29, 2000; provided, however, that in no event shall Transmedia issue to the Seller more than 375,000 shares of Common Stock. If the foregoing calculation would result in requiring more than 375,000 shares of Common Stock to be issued, the cash value of such additional Shares (being the product of (A) the price determined in (i) above and (B) such number of additional Shares) shall be paid in cash or added to the principal of the Payment Notes, as Transmedia, in its sole discretion, shall determine.
Calculation of Number of Shares. On each of January 31, 2008, April 30, 2008, July 31, 2008 and October 31, 2008 (each a “Measurement Date”), the Company shall determine the number of shares of Common Stock equal to 1% of the number of shares of Common Stock actually outstanding at the close of business on such Measurement Date. If the number of shares so determined exceeds the aggregate number of shares subject to the Original Option and any Additional Options previously granted, then the Company shall grant to you an Additional Option to purchase such excess number of shares of Common Stock.
Calculation of Number of Shares. For all purposes under this Agreement, and all notices delivered hereunder, each share of Escrow Shares shall have the fixed value equal to $1.05 per share (the "Indemnity Price"). Should the Escrow Agent receive a demand for reimbursement of Damages or Payment Damages in dollars, then that dollar amount shall be converted to a number of Escrow Shares using the fixed Indemnity Price per share.
Calculation of Number of Shares. Employee shall be entitled to receive that number of shares of Bonus Stock (rounded down to the nearest whole share with Employee receiving cash in lieu of any fractional share) as determined by dividing Eight Hundred Thousand Dollars ($800,000) by the per share price of common stock of Young as determined pursuant to Section 5.3.
Calculation of Number of Shares
