Measurement Date definition
Examples of Measurement Date in a sentence
From the Measurement Date through the date of Agreement, no Company Options, Company RSU Awards or awards that may be settled in Shares have been granted and no Shares have been issued, except for Shares issued pursuant to the exercise of Company Options or settlement of Company RSU Awards, in each case in accordance with the terms of the Company Equity Plans.
No shares of Parent’s preferred stock were issued and outstanding as of the Measurement Date.
Subject to Section 6 (Change in Control) and Section 8 (Capitalization and Other Adjustments), PSUs shall be earned and become vested upon the first occurrence during the Performance Period of the Stock Price equaling or exceeding the following hurdles, determined as of a Measurement Date in accordance with Section 3, and subject to Participant’s continuous service through the applicable Measurement Date.
Subject to Section 10 (Withholding) and Section 11 (Section 409A), the Company shall settle the PSUs that become vested under this Agreement by issuing to the Participant a number of Shares equal to the number of PSUs that became vested, together with any associated dividend equivalents credited under Section 9 (Dividends; Rights as Stockholder), in each case within thirty (30) days following the applicable Measurement Date on which the relevant Stock Price hurdle is first attained.