Share Price Threshold definition

Share Price Threshold has the meaning specified in Section 11.1 hereof.
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Share Price Threshold means (a) a Share Price of $15.00 following the achievement of the first Milestone; (b) a Share Price of $20.00 following the achievement of the second Milestone; (c) a Share Price of $30.00 following the achievement of the third Milestone; (d) a Share Price of $40.00 following the achievement of the fourth Milestone, and (e) a Share Price of $50.00 following the achievement of the fifth Milestone.
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Share Price Threshold means the Closing Trading Price thresholds set forth in the schedule at Section 3.1(c) of this Agreement; provided, however, that in the event that the Closing Trading Price for any Trading Day equals or exceeds any Share Price Threshold, such amount shall not be a Share Price Threshold for purposes of any Trading Day following such Trading Day.
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Examples of Share Price Threshold in a sentence

  • The Additional Share Pool shall be made available to the Concept Shareholders if and only if (i) the Concept Revenue Milestone has been met by Concept during the Measurement Period and (ii) if for any consecutive ten (10) day trading period during the Measurement Period, the closing price of ▇▇▇▇▇▇▇ Common Stock (as reported by the Wall Street Journal) does not equal or exceed $12 per share (as adjusted by stock splits, stock dividends and the like) (the "▇▇▇▇▇▇▇ Share Price Threshold").

  • If, for any consecutive ten (10) day trading period during the Measurement Period, the ▇▇▇▇▇▇▇ Share Price Threshold is met, the Concept Shareholders shall receive no additional shares from the Additional Share Pool.

  • Once a Milestone is achieved, twenty percent (20%) of the shares of Class A common stock underlying the Stock Option shall vest on the Vesting Date immediately following the achievement of the Share Price Threshold, provided that (a) no portion of this Stock Option shall vest until November 15, 2022, and (b) no portion of this Stock Option shall vest after the Final Vesting Date.

  • The First Share Price Threshold and number of options described ​ 1 To be $250,000 as of date of signing.


More Definitions of Share Price Threshold

Share Price Threshold means (a) a Share Price of $15.00 following the achievement of the first Milestone; (b) a Share Price of $20.00 following the achievement of the second Milestone; (c) a Share Price of $30.00 following the achievement of the third Milestone; (d) a Share Price of $40.00 following the achievement of the fourth Milestone, and
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Share Price Threshold means (a) if the Company’s common stock is traded on an exchange or is quoted on the NASDAQ Global Market, NASDAQ Global Select Market, the NASDAQ Capital Market, the New York Stock Exchange or the NYSE Alternext, a closing sale price of the Company’s common stock of Ten Dollars ($10.00) during the Threshold Term (as defined below), or (b) if the Company’s common stock is quoted on the Over the Counter Bulletin Board or in the over-the-counter market or Pink Sheets, a per day average of the closing and bid prices of the Company’s common stock equal to Ten Dollars ($10.00) during the Threshold Term.
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Share Price Threshold means (a) if the BP6 common stock is traded on an exchange or is quoted on the NASDAQ Global Market, NASDAQ Global Select Market, the NASDAQ Capital Market, the New York Stock Exchange or the NYSE Alternext, a closing sale price of the BP6 common stock of Ten Dollars ($10.00) during the Threshold Term (as defined below), or (b) if the BP6 common stock is quoted on the Over the Counter Bulletin Board or in the over-the-counter market or Pink Sheets, a per day average of the closing and bid prices of the BP6 common stock equal to Ten Dollars ($10.00) during the Threshold Term.
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