Common use of Market Price Vesting Clause in Contracts

Market Price Vesting. Subject to the terms and conditions of this Agreement, 5,625 Shares shall vest on the Market-Vesting Date following achievement of each Market-Vesting Threshold (collectively, the "Market-Vesting Shares"). For purposes of this Agreement, a “Market-Vesting Threshold” will be achieved each time the 20-Day Price first equals or exceeds each of the following thresholds achieved on or before December 1, 2024: (i) $110.00, (ii) $125.00, and (iii) $150.00. For purposes of this Agreement, the “Market-Vesting Date” with respect to each Market-Vesting Threshold will be the date such Market-Vesting Threshold is first achieved; provided, that if the Company achieves one or more Market-Vesting Thresholds on or before the first anniversary of the Grant Date (the “First Anniversary”), the Market-Vesting Date for the Shares that would otherwise then vest shall instead be the First Anniversary. For purposes of this Agreement, the "20-Day Price" shall mean, with respect to any date, the average of the closing prices per share of the Company's Common Stock for the 20 trading days ending on such date (inclusive) on the NASDAQ Stock Market, or if the Shares are not traded on the NASDAQ Stock Market, the average of the high bid and low asked prices on such trading days quoted on the NASDAQ OTC Bulletin Board or by the National Quotation Bureau, Inc., or a comparable service as determined in the discretion of the Committee (as applicable, the “Closing Price”). In the event of a stock split, stock dividend or reverse stock split affecting the Shares, the Committee shall adjust the Market-Vesting Thresholds to appropriately reflect such event.

Market Price Vesting. Subject to the terms and conditions of this Agreement, 5,625 (i) 1,563, (ii) 1,563 and (iii) 1,562 Shares shall vest on the Market-Vesting Date following achievement of each the corresponding Market-Vesting Threshold (collectively, the "“Market-Vesting Shares")”) listed below. For purposes of this Agreement, a “Market-Vesting Threshold” will be achieved each time the 20-Day Price first equals or exceeds each of the following thresholds achieved on or before December 1March 31, 20242025: (i) $110.00133.34 (“First Threshold”), (ii) $125.00154.67 (“Second Threshold”), and (iii) $150.00186.67 (“Third Threshold”). For purposes of this Agreement, the “Market-Vesting Date” with respect to each Market-Vesting Threshold will be the later of (i) the date such Market-Vesting Threshold is first achieved; providedachieved or (ii)(A) for the First Threshold, that if the Company achieves one or more Market-Vesting Thresholds on or before second anniversary of the first Grant Date, (B) for the Second Threshold, the third anniversary of the Grant Date and (C) for the “First Anniversary”)Third Threshold, the Market-Vesting Date for fourth anniversary of the Shares that would otherwise then vest shall instead be the First AnniversaryGrant Date. For purposes of this Agreement, the "“20-Day Price" ” shall mean, with respect to any date, the average of the closing prices per share of the Company's ’s Common Stock for the 20 trading days ending on such date (inclusive) on the NASDAQ Stock Market, or if the Shares are not traded on the NASDAQ Stock Market, the average of the high bid and low asked prices on such trading days quoted on the NASDAQ OTC Bulletin Board or by the National Quotation Bureau, Inc., or a comparable service as determined in the discretion of the Committee (as applicable, the “Closing Price”). In the event of a stock split, stock dividend or reverse stock split affecting the Shares, the Committee shall adjust the Market-Vesting Thresholds to appropriately reflect such event. Notwithstanding any provision of this Agreement to the contrary, all Market-Vesting Shares that do not vest pursuant to this paragraph on or before March 31, 2025 will be forfeited.

Market Price Vesting. Subject to the terms and conditions of this Agreement, 5,625 (i) _________, (ii) _______ and (iii) _______ Shares shall vest on the Market-Vesting Date following achievement of each the corresponding Market-Vesting Threshold (collectively, the "“Market-Vesting Shares")”) listed below. For purposes of this Agreement, a “Market-Vesting Threshold” will be achieved each time the 20-Day Price first equals or exceeds each of the following thresholds achieved on or before December 1March 31, 20242025: (i) $110.00_______ (“First Threshold”), (ii) $125.00_______(“Second Threshold”), and (iii) $150.00_______(“Third Threshold”). For purposes of this Agreement, the “Market-Vesting Date” with respect to each Market-Vesting Threshold will be the later of (i) the date such Market-Vesting Threshold is first achieved; providedachieved or (ii)(A) for the First Threshold, that if the Company achieves one or more Market-Vesting Thresholds on or before second anniversary of the first Grant Date, (B) for the Second Threshold, the third anniversary of the Grant Date and (C) for the “First Anniversary”)Third Threshold, the Market-Vesting Date for fourth anniversary of the Shares that would otherwise then vest shall instead be the First AnniversaryGrant Date. For purposes of this Agreement, the "“20-Day Price" ” shall mean, with respect to any date, the average of the closing prices per share of the Company's ’s Common Stock for the 20 trading days ending on such date (inclusive) on the NASDAQ Stock Market, or if the Shares are not traded on the NASDAQ Stock Market, the average of the high bid and low asked prices on such trading days quoted on the NASDAQ OTC Bulletin Board or by the National Quotation Bureau, Inc., or a comparable service as determined in the discretion of the Committee (as applicable, the “Closing Price”). In the event of a stock split, stock dividend or reverse stock split affecting the Shares, the Committee shall adjust the Market-Vesting Thresholds to appropriately reflect such event. Notwithstanding any provision of this Agreement to the contrary, all Market-Vesting Shares that do not vest pursuant to this paragraph on or before March 31, 2025 will be forfeited.