Gxxxx Xxxxx definition

Gxxxx Xxxxx is the Fair Market Value (as defined in the Plan) of a share of Common Stock on the Grant Date.

Gxxxx Xxxxx means the price per Share established by the Committee and set forth in a SAR granted pursuant to Article 9.

Gxxxx Xxxxx. We refer to:

Examples of Gxxxx Xxxxx in a sentence

• Each Issuer hereby appoints Toyota Financial Services (UK) PLC of Gxxxx Xxxxx, Xxxxx Xxxxx, Xxxxx, Xxxxxx XX00 0XX as its agent for service of process and agrees that, in the event of Toyota Financial Services (UK) PLC ceasing so to act or ceasing to be registered in England, it will appoint another person as its agent for service of process in England in respect of any Proceedings.

• The Issuer hereby appoints Toyota Financial Services (UK) PLC of Gxxxx Xxxxx, Xxxxx Xxxxx, Xxxxx, Xxxxxx XX00 0XX as its agent for service of process and agrees that, in the event of Toyota Financial Services (UK) PLC ceasing so to act or ceasing to be registered in England, it will appoint another person as its agent for service of process in England in respect of any Proceedings.

• The purchase price of the Shares subject to the Option (the "Gxxxx Xxxxx") shall be the price per Share set forth above.

• The Gxxxx Xxxxx may also be paid by cashless exercise through delivery of irrevocable instructions to a broker to promptly deliver to the Company the amount of proceeds from a sale of shares having fair market value equal to the Gxxxx Xxxxx, provided that such instructions are delivered by no later than the close of the New York Stock Exchange on the last Trading Day prior to the 10th anniversary of the Grant Date.

• The Gxxxx Xxxxx is payable in full to the Company either (a) in cash or its equivalent; (b) by tendering previously acquired shares of Common Stock held for at least six months and with an aggregate fair market value at the time of exercise equal to the aggregate Gxxxx Xxxxx; (c) to the extent Employee is an executive officer at the time of exercise, by withholding shares of Common Stock that otherwise would be acquired pursuant to the Stock Option Award; or (d) any combination of the foregoing.

• This Stock Option Award grants Employee the right to purchase shares of Common Stock at the Gxxxx Xxxxx.

• Any and all notices to be given to the Company shall be deemed to have been duly given if personally delivered or sent by mail, air courier or cable, telex or facsimile transmission, confirmed by letter personally delivered or sent by mail or air courier, addressed to Gxxxx Xxxxx, 0 Xxxxxx Xxxxx, Xxxxxx XX 0X 2PG, Attention: Company Secretary, or to any other address which the Company may specify in writing to the Depositary.

• Upon exercise of the SOSARs, you shall be entitled to receive payment from the Company in an amount equal to (a) the Fair Market Value at the exercise date minus (b) the Gxxxx Xxxxx; multiplied by the number of shares with respect to which the SOSAR is exercised.

• Upon the exercise of a SAR, the Grantee shall be entitled to receive a payment in an amount equal to the product of number of Shares for which the SAR is then being exercised multiplied by the excess of (i) the Fair Market Value of a Share on the date of exercise of SARs over (ii) the Gxxxx Xxxxx of the SARs. SARs shall be deemed exercised on the date written notice of exercise in a form acceptable to the Committee is received by the Secretary of the Company.

• Xxxxxxxx Holdings Ltd., Gxxxxxx Xxxx Xxx, as Trustee under the Gxxxxxx Xxxx Xxx Trust Agreement Dated March 7, 2000, Dxxxxx Xxxxxxxxx, Mxxx XxXxxxxxx, Jxxx Xxxxx, Gxxxx Xxxxx and Jxxxxx Xxxxxxxx, as Trustee of the Heritage-Crystal Clean Key Employee Membership Interest Trust, Fxxx X.

More Definitions of Gxxxx Xxxxx

Gxxxx Xxxxx means the price established at the time of grant of a SAR pursuant to Article VII, used to determine whether there is any payment due upon exercise of the SAR.

Gxxxx Xxxxx. Subject to Section 2.4, the exercise price of the shares of stock covered by the Option to Purchase (the “Option to Purchase Gxxxx Xxxxx”) shall be as indicated in the Certificate of Stock Option Grant per share without commission or other charge.

Gxxxx Xxxxx with respect to a SAR shall mean the gxxxx xxxxx set forth in the stock appreciation right award agreement between the Company and the holder of the SAR.

Gxxxx Xxxxx means the dollar amount per share of Common Stock that is the basis for determining the appreciation in value of the Common Stock.

Gxxxx Xxxxx means the Gxxxx Xxxxx set forth above, representing the average closing trading price of the Company’s Shares on the New York Stock Exchange over the 30 calendar day period ending on the Date of Grant.