Fully-Diluted (by Treasury Method) definition

Fully-Diluted (by Treasury Method) means calculated in accordance with the methodology set forth on Schedule 2 hereto.

Examples of Fully-Diluted (by Treasury Method) in a sentence

  • The Subscription Shares will represent 0.93% of the outstanding share capital of the Company (prior to the issuance of such Subscription Shares) on a Fully-Diluted (by Treasury Method) (as defined in the Investor Rights Agreement) basis as of May 31, 2018.

  • The Subscription Shares will represent 5.22% of the outstanding share capital of the Company (prior to the issuance of such Subscription Shares) on a Fully-Diluted (by Treasury Method) (as defined in the Investor Rights Agreement) basis as of May 31, 2016.

  • Immediately following execution of this Agreement, the Company shall grant Founder or ▇▇▇ ▇▇▇▇▇ 93,780,970 ESOP Shares from the Additional ESOP Shares (“Founder ESOP Shares”) (representing 4% on Fully-Diluted (by Treasury Method) basis and 80% of the Additional ESOP Shares).