Rollover Number definition

Rollover Number means, for each Company MSU, the number of shares of Company Common Stock equal to (1) the Total Number minus (2) the Cash Out Number. For the avoidance of doubt, any portion of a Company MSU that is not deemed to be earned in accordance with this Section 3.03(d) will be terminated as of the Effective Time for no consideration.
Rollover Number means the number of membership interests of the Acquiror received by Rollover Stockholders in exchange for each share of Rollover Securities.
Rollover Number means, for each Company RSU, the number of shares of Company Common Stock (rounded up to the nearest whole number of shares) equal to the product of (1) the Total Number multiplied by (2) the Rollover Factor; (C) “Cash Out Number” means, for each Company RSU, the number of shares of Company Common Stock equal to (1) the Total Number minus (2) the Rollover Number; and (D) “Rollover Factor” means a number, carried out to four decimal places, equal to the quotient of (1) $30,000,000 divided by (2) the product of (x) the Merger Consideration multiplied by (y) the excess of the total number of shares of Company Common Stock underlying Company RSUs immediately prior to the Effective Time, after giving effect to the determination of performance with respect to all performance-based Company RSUs, over the number of shares of Company Common Stock underlying any Company RSU (or portion thereof) settled pursuant to Section 2.6(b).

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.

Related to Rollover Number

  • Rollover Shares has the meaning given in the recitals.

  • Order Number means the unique number that appears on the Purchase Order.

  • Rollover Notice shall have the meaning ascribed thereto in Section 5.2.

  • Rollover Unit holder shall be defined as set forth in Section 5.05, herein."

  • Rollover means any vehicle rotation of 90 degrees or more about any true longitudinal or lateral axis.