Stock Component means the quotient (rounded to the nearest 1/100,000) --------------- determined by dividing $0.25 by the average closing sales price for Premier Common Stock (as hereinafter defined) as reported on The Nasdaq Stock Market, Inc. ("NASDAQ") as published in The Wall Street Journal or, if not published therein, an another authoritative source, for either (i) fifteen (15) consecutive trading days (each, a "Trading Day") immediately preceding the Closing Date or (ii) the thirty (30) consecutive Trading Days ending fifteen (15) Trading Days prior to the Closing Date, whichever yields the lowest number of shares of Premier Common Stock. Notwithstanding any other provision of this Purchase Agreement, if Seller would have otherwise have been entitled to receive a fraction of a share of Premier Common Stock (after taking into account all shares tendered by Seller) he, she or it shall receive, in lieu thereof, cash in an amount equal to the fractional part of the Premier Common Stock multiplied by the "market price" of one share of Premier Common Stock, payable as part of the Purchase Consideration. The "market price" of one share of Premier Common Stock shall be the closing price of such common stock as reported on NASDAQ (as published in the Wall Street Journal or, if not published therein, any other authoritative source) on the last Trading Day preceding the Closing Date.

Stock Component has the meaning set forth in Section 2.2.

Stock Component. As defined in Section 3.1.2.

Examples of Stock Component in a sentence

An amount equal to the compensation deferred, as reflected in the election referred to in Section 6 hereof, will be credited to the participant's Account, in the form of cash (the "Cash Component") or phantom Company Common Stock units (the "Stock Component"), on the date such compensation would otherwise be initially payable.
Payments made from the Account shall first be made from the Stock Component of the Account until such Component has been reduced to zero, and then from the Cash Component.
The Stock Component shall be valued in accordance with the terms of the Plan.
If such dividend or distribution is not so paid or made, the Stock Component Rate shall again be adjusted to be the Stock Component Rate that would then be in effect if such dividend or distribution had not been declared.
Dr. Baptist further notes in his response to Respondent’s counsel’s letter of March 11, 2016, Dr. Kleinman states that there are secondary gain issues involving relief of responsibility at home and at work as well as “getting” to be dependent on others.

More Definitions of Stock Component

Stock Component means that number of shares of Buyer Common Stock obtained by dividing €276,000,000 by the Currency Adjusted Stock Value and rounding to the nearest whole number.

Stock Component that portion, if any, of the Purchase Price that Purchaser elects to pay in Toy Biz Common Stock pursuant to Section 2.2.

Stock Component means Six Million Seven Hundred Fifty Thousand (6,750,000) shares of Cathay Common Stock.

Stock Component has the meaning set forth in Section 3.

Stock Component means the portion of the Plan consisting of the Prior ESOP Match Accounts and Sub-Component Accounts and attributable assets (including any Exempt Loan). The entire Stock Component shall be invested in the Common Stock Fund and the Preferred Stock Fund. Prior to May 1, 2002, this Component was known as the ESOP Component.

Stock Component means 3,141,361 shares of Galaxy Common Stock, which have an aggregate value equal to the Purchase Priceless the Cash Component (using the Applicable Stock Price) ($6,000,000).

Stock Component shall have the meaning specified in Section 1.8 hereof.