Common use of Determination of Pro Rata Share of Company Shares Clause in Contracts

Determination of Pro Rata Share of Company Shares. The number of Common Company Shares which each Selling Stockholder is entitled to receive hereunder shall be determined by multiplying the total number of Company Shares (i.e., 800,000) by a fraction, the numerator of which is the total number of PC Mailbox Shares owned by the Selling Stockholder at the Closing and the denominator of which is the total number of PC Mailbox Shares issued and outstanding at the Closing (i.e., 50,000,000).

Determination of Pro Rata Share of Company Shares. The number of Common Company Shares which each Selling Stockholder is entitled to receive hereunder shall will be determined by multiplying exchanges pro rate, based on the total number of Company Shares (i.e., 800,000) by a fraction, the numerator of which is the total number of PC Mailbox Coliance Shares owned by the Selling Stockholder at the Closing and the denominator of which is the total number of PC Mailbox Shares issued and outstanding at the Closing (i.e., 50,000,000)Closing.