Organon Conversion Ratio definition

Organon Conversion Ratio means the quotient obtained by dividing (i) the Merck Pre-Spin Value by (ii) the Adjusted Organon Stock Value.

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Organon Conversion Ratio means the quotient obtained by dividing (i) the Merck Pre-Spin Value by (ii) the Adjusted Organon Stock Value. “Organon DCP” means the Organon & Co. U.S. Non-Qualified Savings Plan.