Common use of Stock Price Level Clause in Contracts

Stock Price Level. For purposes of this paragraph 3, the “stock price level” will be considered achieved only when the VWAP of a share of New CHP Common Shares on the NASDAQ (or other exchange or other market where the New CHP Common Shares is then traded) is greater than or equal to the applicable vesting threshold price over any twenty (20) trading days within any thirty (30) trading day period.

Appears in 2 contracts

Samples: Sponsor Letter Agreement (CHP Merger Corp.), Sponsor Letter Agreement (CHP Merger Corp.)

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Stock Price Level. For purposes of this paragraph 3Schedule A, the “stock price level” will be considered achieved only when the VWAP of a share of New CHP Common Shares on the NASDAQ Exchange (or other exchange or other market where the New CHP Common Shares is then traded) is greater than or equal to the applicable vesting threshold price over any twenty (20) trading days within any thirty (30) trading day period.

Appears in 2 contracts

Samples: Sponsor Letter Agreement (CHP Merger Corp.), Sponsor Letter Agreement (CHP Merger Corp.)

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