Rollover Number definition
Examples of Rollover Number in a sentence
For each Award Year, the Grantee shall be eligible to earn a maximum number of Performance Shares equal to [X,XXX] plus the Rollover Number as defined below (the "Maximum Award").
In consideration for ------------------------------------- Liberty's payments pursuant to Section 2 hereof, Livewire shall issue to Liberty shares of Livewire's Class B Common Stock, par value $0.01 per share ("Class B Livewire Stock"), in an amount equal to (i) the LMGA Rollover Number, times (ii) 1.
For purposes of this Agreement, the "Rollover Number" of Performance Shares for Award Year 1998 shall be zero and the Rollover Number of Performance Shares for each of Award Years 1999 and 2000 shall be seventy-five percent (75%) of the difference between the Maximum Award for the prior Award Year and the number of Performance Shares earned by the Grantee for such Award Year.