Parent Stock Value Sample Clauses
The Parent Stock Value clause defines how the value of a parent company's stock is determined for the purposes of a contract or transaction. Typically, this clause specifies the method for calculating the stock's value, such as referencing a particular stock exchange closing price on a certain date or using an average over a set period. This ensures both parties have a clear, objective basis for valuing the stock, which is especially important in transactions involving stock-based payments or mergers. The core function of this clause is to prevent disputes by providing a transparent and agreed-upon method for stock valuation.
Parent Stock Value. For purposes of this Agreement, the “Parent Stock Value” shall be equal to the volume-weighted average price for a share of Parent Common Stock on the Exchange for the 20 consecutive trading days immediately preceding the last trading day prior to the Effective Time, subject to adjustment pursuant to Section 2.6. Parent and the Company shall, prior to the Effective Time, jointly provide written notice to the Exchange Agent stating the Parent Stock Value.
Parent Stock Value. The “Parent Stock Value” with respect to a Contingent Stock Determination Event shall equal:
Parent Stock Value. “Parent Stock Value” shall mean the average closing price of Parent Common Stock on the NASDAQ Small Cap Market on each of the ten consecutive trading days ending four business days prior to the Closing. Such average shall be rounded to the nearest one-thousandth.
Parent Stock Value. For purposes of satisfying indemnifiable Losses of the Parent Indemnified Parties under this Article VII, each Holdback Share retained and not issued by Parent (and for which the Company Stockholders will no longer be entitled to receive) pursuant to Section 7.07, and each other Merger Share against which indemnifiable Losses are satisfied pursuant to this Article VII, shall have a value for purposes of determining the number of such Holdback Shares or other Merger Shares needed to satisfy such indemnifiable Loss equal to the Parent Stock Value (as adjusted for any stock splits, combinations and the like of Parent). Table of Contents
Parent Stock Value. The Parent Stock Value shall not be greater than $3.00.
Parent Stock Value. The Parent Stock Value shall not be less than $1.75.