Proportionate Share. For purposes of the issuance of securities to Shareholder pursuant to this Article V, Shareholder’s “proportionate share” shall be that number of shares of Common Stock which preserves Shareholder’s proportionate interest in the Common Stock of Dynegy at the same level as prior to the issuance that triggered Shareholder’s rights.
Appears in 4 contracts
Samples: Shareholder Agreement, Preferred Stock Redemption Agreement, Shareholder Agreement (Dynegy Holdings Inc)