Forfeited Amount Sample Clauses

Forfeited Amount. Pursuant to his plea agreement in a separate criminal proceeding in the Western District of Pennsylvania, and a related Preliminary Order of Forfeiture dated October 20, 2022 (See United States x. Xxxx, Nos. 2:22-cr-189, 22-cr-224, 22-cr-231, Doc. 20 (W.D. Pa.)), Hurt forfeited a boat named “In My DNA” or the proceeds of the boat if sold. Xxxx subsequently sold the boat and received net proceeds of $4,489,077.32 (“Forfeited Amount”). The Forfeited Amount shall be considered an alternate remedy under 31 U.S.C. § 3730(c)(5) of the FCA. The Parties agree that the Forfeited Amount is restitution under this Agreement.
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Forfeited Amount. For purposes of this Option, the Forfeited Amount shall mean either exercised Option shares or the aggregate income, including withholding (shall be computed by multiplying the number of shares purchased upon exercise of the Option, or any part of it, during the Forfeiture Period by the excess of (1) the Fair Market Value on the date of exercise of one share of Stock over (2) Exercise Price) realized by the Participant upon the exercise of all or any part of the Option during the 36 months immediately preceding the Forfeiture Event. * * * * * * *
Forfeited Amount. For purposes of this Option, the Forfeited Amount shall mean the aggregate income (net of taxes) realized by the Participant upon the exercise of all or any part of the Option during the 36 months immediately preceding the Forfeiture Event, and shall be computed by multiplying:
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