Common use of Financial Gain Clause in Contracts

Financial Gain. The term “Financial Gain” means the Fair Market Value of the Common Stock on the Delivery Date that the Restricted Stock Unit is deemed vested, multiplied by the number of shares of Stock actually distributed pursuant to this Agreement, reduced by any taxes paid in countries other than the United States, to the extent that such taxes are not otherwise eligible for refund from the taxing authorities.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Hospira Inc), Restricted Stock Unit Agreement (Hospira Inc), Restricted Stock Unit Agreement (Hospira Inc)

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Financial Gain. The term “Financial Gain” means the Fair Market Value of the Common Stock on the Delivery Date that of the shares of Stock represented by the Participant’s vested Performance Restricted Stock Unit is deemed vestedUnits, multiplied by the number of shares of Stock actually distributed delivered pursuant to this Agreement, reduced by any taxes paid in countries other than the United States, to the extent that such taxes are not otherwise eligible for refund from the taxing authorities.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Agreement (Hospira Inc), Performance Based Restricted Stock Unit Agreement (Hospira Inc)

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