Examples of Acquisition Percentage in a sentence
If the foregoing clause (a) is applicable to a Program Well, then the Company will assign or allocate to the Executive or the designated Executive Affiliate a unit working interest in the Program Well sufficient to cause the Executive and the Executive Affiliates' combined interest in such Program Well to equal the Acquisition Percentage (including in such computation any Prior Interests).
The Acquisition Percentage cannot be changed during any Calendar Quarter without the prior approval of the members of the Compensation Committee of the Company’s board of directors.
On or before the date whixx xx thirty (30) days before the first (1st) day of each Calendar Quarter, the Executive will provide notice to the compensation committee of the Company's board of directors of the Executive's intent to participate in Program Wells during the succeeding Calendar Quartex xxx the minimum percentage working interest which the Executive proposes to participate with during such Calendar Quarter (the "Acquisition Percentage").
Shareholder approval will be required for any amendment which increases the maximum Acquisition Percentage or any amendment, which in the opinion of counsel to the Company, requires shareholder approval under any federal or state law or any regulations or rules promulgated thereunder.
Note also that the Company operated Target's business for 273 days of FY2000, so the Acquisition Percentage will be approximately 75%.