IPO Price Per Share definition
Examples of IPO Price Per Share in a sentence
Each holder of MIT Capital Stock who otherwise would have been entitled to a fraction of a share of MIT Holdings Common Stock (after taking into account all Certificates (as defined herein) delivered by such holder) shall receive in lieu thereof cash (without interest) in an amount determined by multiplying the fractional share interest to which such holder would otherwise be entitled by the IPO Price Per Share, rounded to the nearest whole cent.
If the Executive is employed on the IPO --------------------- Date he shall receive as of that date a number of restricted shares of Public Common Stock (the "IPO Restricted Stock") equal to the quotient obtained by dividing the Incentive Amount by the IPO Price Per Share.
Each Investor hereby understands and agrees that the election to convert pursuant to this Section 1 is effective and irrevocable irrespective of the IPO Price Per Share, so long as the IPO Price Per Share is approved by the Pricing Committee of the Company’s Board of Directors.
If the Executive is employed on the IPO Date he shall receive as of that date a number of restricted shares of Public Common Stock (the "IPO Restricted Stock") equal to the quotient obtained by dividing the Incentive Amount by the IPO Price Per Share.
The value of the Partnership immediately prior to the [IPO Effective Time] (the “Pre-IPO Partnership Value”) will be equal to the product of (a) the number of outstanding common units of New TMM immediately following the Second New TMM Contribution, multiplied by (b) the IPO Price Per Share.