Effective Price Per Share definition
Effective Price Per Share means the Exercise Price at which shares of Common Stock or Other Securities were issued hereunder, as subsequently adjusted pursuant to this Section 3.4(b). Notwithstanding the foregoing, a Triggering Issuance shall not include any options to purchase shares of Common Stock (or any shares issued in connection therewith) or other form of incentive equity granted or issued under the Company’s 2009 Equity Compensation Plan, or any shares of Common Stock issued to a strategic partner or licensee in connection with a joint venture, strategic alliance, licensing agreement, or other similar form of agreement.
Effective Price Per Share means $8.00, as subsequently adjusted pursuant to this Section 5.3. Notwithstanding the foregoing, a Triggering Issuance shall not include any options to purchase shares of Common Stock (or any shares issued in connection therewith) or other form of incentive equity granted or issued under the Company’s 2009 Equity Compensation Plan, or any shares of Common Stock issued to a strategic partner or licensee in connection with a joint venture, strategic alliance, licensing agreement, or other similar form of agreement.
Effective Price Per Share means (i) if only shares of Company Common Stock are sold in a transaction, the aggregate gross amount received in cash by the Company or Seller, as applicable, therefor and (ii) if shares of Company Common Stock are sold in a transaction and, in connection therewith Additional Rights are sold or otherwise issued, the aggregate gross amount received in cash by the Company or Seller, as applicable, for the shares of Company Common Stock and Additional Rights, reduced by the aggregate fair market value of the Additional Rights (as determined using the Black-Scholes option pricing model or another method determined by the Company in good faith), in each case divided by the number of shares of Company Common Stock issued in such transaction.
Examples of Effective Price Per Share in a sentence
The types of terms contained in another security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion or exercise discounts, conversion or exercise lookback periods, and discounts to the Effective Price Per Share of an Offering.
The types of terms contained in another security that may be more favorable to the holder of such security include, but are not limited to, terms addressing conversion or exercise discounts, conversion or exercise lookback periods, and discounts to the Effective Price Per Share of the Initial Public Offering.
The conversion price applicable to a Conversion shall be equal to 80% of the Effective Price Per Share of the Initial Public Offering, subject to any adjustments provided in this Note (the “Conversion Price”).
The number of PubCo Common Stock that will be issued in respect of the Pharma Notes shall be the aggregate amount owed thereunder divided by the Effective Price Per Share.
More Definitions of Effective Price Per Share
Effective Price Per Share means the sum of the Purchase Price plus the Option/Warrant Strike Proceeds divided by the Fully Diluted QSI Shares Outstanding.
Effective Price Per Share means, with respect to Common Stock Equivalents, the exercise, exchange or conversion price (in addition to the consideration received by the Company upon such sale or issuance) of a Common Stock Equivalent, and with respect to Common Stock, the aggregate consideration per share received by the Company for such Common Stock. In case of any such Common Stock Equivalent issued in a transaction in which the purchase price or the conversion, exchange or exercise price is directly or indirectly subject to adjustment or reset based on a future date, future trading prices of the Common Stock, specified or contingent events directly or indirectly related to the business of the Company or the market for the Common Stock, or otherwise (but excluding standard stock split anti-dilution provisions, provided that any actual reduction of such price under any such Common Stock Equivalent pursuant to such anti-dilution provision shall be included and cause an adjustment hereunder), the Effective Price per Share shall be deemed to be the lowest conversion, exchange, exercise or reset price at which such Common Stock Equivalents are converted, exchanged, exercised or reset or might have been converted, exchanged, exercised or reset, or the lowest adjustment, as the case may be, over the life of such Common Stock Equivalent. If shares are issued for a consideration other than cash, the Effective Price per Share shall be the fair value of such consideration as determined in good faith by the independent certified public accountants chosen by the holders of a majority of the Preferred Stock. The Company shall pay all of the reasonable fees and expenses of such independent certified public accountants. In the event the Company directly or indirectly effectively reduces the conversion, exercise or exchange price for any Common Stock Equivalent which are currently outstanding, then the Effective Price per Share shall equal such effectively reduced conversion, exercise or exchange price.