Event Proceeds per Share definition

Event Proceeds per Share means the cash plus the fair market value, as determined in good faith by the Committee, of the non-cash consideration to be received per share of Stock by the stockholders of the Company upon the occurrence of the Event.
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Event Proceeds per Share means the cash plus the Fair Market Value of the non-cash consideration to be received per Share by the stockholders of the Company upon the occurrence of the Event.
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Event Proceeds per Share is the cash plus the value (as determined by the Committee or the Board) of the non-cash consideration to be received per Share by the shareholders of the Company upon the occurrence of the Fundamental Change.
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Examples of Event Proceeds per Share in a sentence

  • In connection with any declaration pursuant to this subsection 6.2(b), the Committee may, but shall not be obligated to, cause payment to be made, within twenty days after the Event, in exchange for each cancelled Option to each holder of an Option that is cancelled, of cash equal to the amount (if any), for each share of Stock covered by the cancelled Option, by which the Event Proceeds per Share exceeds the exercise price per share of Stock covered by such Option.

  • In connection with any declaration pursuant to clause (ii) of the preceding sentence, the Board may, but shall not be obligated to, cause payment to be made, within twenty (20) days after the Event, in exchange for the cancelled Option to the Optionee, of cash equal to the amount (if any), for each Share covered by the canceled Option, by which the Event Proceeds per Share (as hereinafter defined) exceeds the exercise price per Share covered by such Option.

  • For purposes of this Section 12, "Event Proceeds per Share" shall mean the cash plus the fair market value, as determined in good faith by the Board, of the non-cash consideration to be received per Share by the shareholders of the Company upon the occurrence of the Event.