Common use of Put Price Clause in Contracts

Put Price. Executive Stock purchased pursuant to the Put Right will be purchased at a price per share equal to the lesser of (i) the Fair Market Value of such Executive Stock as of the Valuation Date, less the amount of any cash distributed by the Company with respect to such share between the Valuation Date and the closing of such repurchase and (ii) the Deal Value of such Executive Stock, less the amount of any cash distributed by the Company with respect to such share between the Valuation Date and the closing of such repurchase.

Put Price. Executive Stock Shares purchased pursuant to the Executive Put Right will be purchased at a price per share equal to the lesser of (i) the Fair Market Value of such Executive Stock Shares as of the Valuation Date, less the amount of any cash distributed by the Company with respect to such share between the Valuation Date and the closing of such repurchase and (ii) the Deal Value of such Executive Stock, less the amount of any cash distributed by the Company with respect to such share Shares between the Valuation Date and the closing of such repurchase.

Put Price. Executive Stock Shares purchased pursuant to the Estate Put Right will be purchased at a price per share equal to the lesser of (i) the Fair Market Value of such Executive Stock Shares as of the Valuation Date, less the amount of any cash distributed by the Company with respect to such share between the Valuation Date and the closing of such repurchase and (ii) the Deal Value of such Executive Stock, less the amount of any cash distributed by the Company with respect to such share Shares between the Valuation Date and the closing of such repurchase.