Closing Average Period means (i) in the absence of a Change in Control, the 30 trading days ending on the last trading day of the Performance Period; and (ii) in the case of a Change in Control, the 30 trading days ending on the trading day that is two trading days immediately preceding the date of such Change in Control.
Closing Average Period means (i) in the absence of a Change in Control, the one month period ending on the last day of the Performance Period, or (ii) in the case of a Change in Control, the one month period ending five (5) days prior to Change in Control, or another date established at the discretion of the Committee.
Closing Average Period means the 20 trading days immediately preceding the end of the applicable Performance Period.
Examples of Closing Average Period in a sentence
In addition, in the event the Company shall pay any dividends during the Performance Period, for each vested Restricted Stock Unit, Awardee shall be entitled to receive additional shares of Stock equal to the amount of dividends paid per share of Stock during the Performance Period divided by the closing price of the Stock on the last trading date in the Closing Average Period.
The foregoing rules shall not apply, and there shall be no change in the Index Companies, as a result of a transaction described above if the closing of such transaction occurs on the last day of the Closing Average Period.
More Definitions of Closing Average Period
Closing Average Period means (i) in the absence of a Change of Control of the Company, the 90 calendar days immediately prior to and including March 31, 2012 for the 1st Measurement Period; the 90 calendar days immediately prior to and including March 30, 2013 for the 2nd Measurement Period; and the 90 calendar days immediately prior to and including March 29, 2014 for the 3rd Measurement Period; or (ii) in the event of a Change of Control, the 90 calendar days immediately prior to and including the effective date of the Change of Control.
Closing Average Period means the 30 trading days ending on the last trading day of the Performance Period.
Closing Average Period means the 30 trading days immediately preceding January 1, 2023.
Closing Average Period means (i) in the absence of a Change of Control, (a) for the First Tranche, the trading days during the three months ended March 31, 2021 or (b) for the Second Tranche, the trading days during the three months ended March 31, 2022; or (ii) in the case of a Change of Control, the trading days during the period beginning thirty (30) calendar days prior to the Change of Control and ending on the Accelerated End Date.
Closing Average Period means the last 20 trading days of the Relative TSR Performance Period.
Closing Average Period means the ninety (90)-day period ending on the last day of the Performance Period.
Closing Average Period means (i) in the absence of a Change in Control of the Company, the 90 calendar days immediately prior to and including [insert date] for the First Measurement Period; the 90 calendar days immediately prior to and including [insert date] for the Second Measurement Period; and the 90 calendar days immediately prior to and including [insert date] for the Third Measurement Period; or (ii) in the event of a Change in Control, the 90 calendar days immediately prior to and including the effective date of the Change in Control.