Marathon Stock definition

Marathon Stock means shares of USX-Marathon Group Common Stock, par value $1.00 per share of the Company.

Examples of Marathon Stock in a sentence

  • The term “accrued benefit” is defined to mean the number of units of Marathon Stock (as renamed the Marathon Oil Corporation common stock) and the number of units of Steel Stock (as converted to United States Steel Corporation common stock) the participant has accrued in his or her account under the Program.

  • The term “accrued benefit” is defined to mean the number of units of Marathon Stock (as renamed the Marathon Oil Corporation common stock), the number of shares of Marathon Petroleum Company Common Stock, and the number of units of Steel Stock (as converted to United States Steel Corporation common stock) the participant has accrued in his or her account under the Program.

  • At the close of business on February 29, 2004, (i) 310,740,454 shares of Marathon Common Stock were issued and outstanding, (ii) 1,425,524 shares of Marathon Common Stock were held by Marathon in its treasury and (iii) 37,788,193 shares of Marathon Common Stock were reserved for issuance pursuant to Marathon Stock Plans (as defined in Section 14.02).

  • The Company may, at its option, pay the Redemption Price in cash, shares of Marathon Stock or Steel Stock (based on the Current Market Price of such shares at the time of redemption) or any other form of consideration deemed appropriate by the Board of Directors.

  • For purposes of this Section 11(a)(iii), the value of each Adjustment Share shall be the Current Market Price per share of the Marathon Stock or Steel Stock, as the case may be, on the Section 11(a)(ii) Trigger Date and the value of any Common Stock Equivalent shall be deemed to equal the Current Market Price per share of the Marathon Stock or Steel Stock, as the case may be, on such date.

  • Initially, the Marathon Rights and the Steel Rights will be attached to all certificates representing shares of Marathon Stock and Steel Stock, respectively, then outstanding, and no separate Rights Certificates will be distributed.

  • The Rights Agent or any successor Rights Agent may resign and be discharged from its duties under this Agreement upon thirty (30) days' notice in writing mailed to the Company, and to each transfer agent of the Marathon Stock, Steel Stock and Preferred Stock, by registered or certified mail, and to the holders of the Rights Certificates by first-class mail.

  • As soon as practicable after the Distribution Date, Certificates for Marathon Rights and Steel Rights will be mailed to holders of record of the Marathon Stock and Steel Stock, respectively, as of the close of business on the Distribution Date and, thereafter, the separate Certificates for Marathon Rights and Steel Rights alone will represent the Marathon Rights and Steel Rights, respectively.

  • Dividends on the Marathon Stock may be declared and paid out of funds of the Corporation legally available therefor.

  • The Company may remove the Rights Agent or any successor Rights Agent upon thirty (30) days' notice in writing, mailed to the Rights Agent or successor Rights Agent, as the case may be, and to each transfer agent of the Marathon Stock, Steel Stock and Preferred Stock, by registered or certified mail, and to the holders of the Rights Certificates by first-class mail.

Related to Marathon Stock

  • Company Shares means the common shares in the capital of the Company;

  • Purchaser Common Stock means the common stock, par value $0.01 per share, of Purchaser.

  • Seller Common Stock means the common stock, par value $0.01 per share, of Seller.

  • Common Shares means the common shares in the capital of the Corporation;

  • Acquiror Common Stock means the common stock, par value $0.001 per share, of Acquiror.

  • Amalco Common Shares means common shares in the capital of Amalco;

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Buyer Common Stock means the common stock, par value $0.01 per share, of Buyer.

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • Common Stock means the common stock of the Company.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Amalco Shares means the common shares in the capital of Amalco;

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • Company Share Plans mean (a) the Company’s Stock Related Award Incentive Plan of 1999, as amended; (b) the Company’s 2010 Stock Incentive Plan, as amended; and (c) the Company’s 2015 Stock Incentive Plan, as amended;

  • Parent Ordinary Shares means the ordinary shares, par value $0.25 per share, of Parent.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • Fully Diluted Company Shares means the total number of issued and outstanding shares of Company Common Stock, (a) after giving effect to the Company Preferred Stock or otherwise treating shares of Company Preferred Stock on an as-converted to Company Common Stock basis, and (b) treating all outstanding in-the-money Specified Company Warrants as fully vested and as if the Specified Company Warrants had been exercised for cash as of the Effective Time, but for the avoidance of doubt excluding any Company Securities described in Section 1.11(b).

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Parent Stock Plans has the meaning set forth in Section 4.5(a).

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Parent Stock Plan has the meaning set forth in Section 6.2(a).

  • Holdings Common Stock means the common stock, par value $0.01 per share, of Holdings.

  • Company Share means one share of common stock of the Company, $0.01 par value per share.