Executives. The compensation, benefits, payments, accelerations, share options and share appreciation rights of the "Executives" and the trustees of Wellsford, as set forth in Exhibit "J" to this Agreement, shall be satisfied at the Effective Time in accordance with the terms set forth in Exhibit "J" and Schedule 5.10(g) to the Wellsford Disclosure Letter. For purposes of valuing all existing options to be converted into options to purchase common shares of Newco, Wellsford has utilized the Xxxxxxx Xxxxx trading desk formula pricing model and take into account the number of options held, the exercise price and duration thereof, the volatility of the market price of the shares involved, and other required factors.
Appears in 4 contracts
Samples: Tax Sharing Agreement (Equity Residential Properties Trust), Agreement and Plan of Merger (Wellsford Residential Property Trust), Agreement and Plan of Merger (Equity Residential Properties Trust)
