Examples of Issuance Year in a sentence
The portion of the Awarded Shares subject to forfeiture shall be determined by multiplying the number of Awarded Shares by a fraction, the numerator of which is the number of days remaining in the Issuance Year after the date of termination of service and the denominator of which is 365, rounded down to the nearest whole share.
Subject to Sections 5 and 6 of this Agreement, the Awarded Shares will vest pro rata over the calendar year in which the Date of Grant for the Awarded Shares occurred (“Issuance Year”) or, if you are elected Chair of the Board of Directors of the Company (“Board Chair”) during an Issuance Year, the Awarded Shares will vest pro rata over the remainder of the Issuance Year.
If you were Board Chair as of the beginning of the Issuance Year, the portion of the Awarded Shares subject to forfeiture shall be determined by multiplying the number of Awarded Shares by a fraction, the numerator of which is the number of days remaining in the Issuance Year after the date you cease to be Board Chair and the denominator of which is 365, rounded down to the nearest whole share.
If your service as a member of the Board of Directors of the Company terminates prior to December 31 of the Issuance Year for any reason prior to a Change of Control (as defined in Section 6 of this Agreement), a portion of the Awarded Shares shall immediately be forfeited to the Company.
Federal Reserve Bank of Atlanta E C O N O M I C R E V I E W Second Quarter 1998 11T A B L E 2 Sample by Type of Capital and Year of Issuance Year stock relative to the probability of issuing mandatory convertible debt is a positive function of MCI and PSI and a negative function of CSI.
Provided that all conditions thereto hereunder are satisfied, and subject to the limitations contained herein, Lenders will make the initial Revolving Loan Advances in the Applicable Currencies on the Effective Date as directed by Borrower in a written direction delivered to Administrative Agent.
If you had become Board Chair during the Issuance Year, the portion of the Awarded Shares subject to forfeiture shall be determined by multiplying the number of Awarded Shares by a fraction, the numerator of which is the number of days remaining in the Issuance Year after the date you cease to be Board Chair and the denominator of which is 365 less the total number of days from the beginning of the Issuance Year to the date you became Board Chair, rounded down to the nearest whole share.
If you cease to be Board Chair for any reason prior to December 31 of the Issuance Year and a Change of Control (as defined in Section 6 of this Agreement), a portion of the Awarded Shares shall immediately be forfeited to the Company.