Fractional Company Share definition

Fractional Company Share means one-ten-thousandth (1/10,000) of a share of the Company’s Common Stock.
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Fractional Company Share means one-tenth (0.1) of a Company Share;
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Examples of Fractional Company Share in a sentence

  • When cash dividends are paid on shares of the Company’s Common Stock, each Deferred Equity Unit shall participate in such dividends, on a pro rata basis, as if the Fractional Company Share underlying such Deferred Equity Unit was then issued and outstanding.

  • Unless and until the Plan is so approved by the Company's stockholders, no Awards may be granted.

  • In December 2020, the Company shall cancel and settle each Deferred Equity Units then outstanding for a cash payment equal to the then current Fair Market Value of one Fractional Company Share.

  • In December 2020, the Company shall cancel and settle each Deferred Equity Unit then outstanding for a cash payment equal to the then current Fair Market Value of one Fractional Company Share.

  • When cash dividends are paid on shares of the Company’s Common Stock, each Deferred Equity Unit shall participate in such dividends, on a pro rata basis, as if the Fractional Company Share underlying such Deferred Equity Unit was then issued and outstanding.5.4Maximum Allocation under the Plan.

  • In the Eighth Plan Year applicable to Deferred Equity Units, the Company shall cancel and settle each such Deferred Equity Unit then outstanding for a cash payment equal to the then current Fair Market Value of one Fractional Company Share.

Related to Fractional Company Share

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).

  • Common Share means one share of the common stock of the Company.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • Company Shares means shares of common stock of the Company or any equity securities into which those shares have been converted.

  • Membership Unit means an outstanding common membership unit of the LLC.

  • Merger Consideration has the meaning set forth in Section 2.1(a).