Stock Election Amount definition

Stock Election Amount means the product of the number of Stock Election Shares and the Exchange Ratio.

Stock Election Amount shall be equal to the Per Share Stock Consideration multiplied by the total number of Stock Election Shares plus the amount of the Per Share Mixed Consideration consisting of the Buyer's Stock multiplied by the total number of Mixed Election Shares (the "Mixed Stock Consideration Election Amount").

Stock Election Amount means the product of (i) the number of Stock Electing Shares multiplied by (ii) 0.0407 (before giving effect to any adjustment pursuant to Section 3.5).

Examples of Stock Election Amount in a sentence

• In the event that Restricted Stock is authorized for issuance under the Management Plan, for each Plan Year beginning in 2002 and thereafter, Participants may elect to receive 50% or more of the Annual Retainer (the "Stock Election Amount") in Restricted Stock having a Fair Market Value on the date of grant equal to the Stock Election Amount.

• The number of shares of Common Stock to be issued to the Director will be determined by dividing the Stock Election Amount by the closing sale price of a share of Common Stock on the Payment Date or, if the shares of Common Stock did not trade on that day, the closing sale price on the next preceding day on which there was a sale of the Common Stock.

• Notwithstanding anything in this Program to the contrary, in the event that an insufficient number of shares of Common Stock remain available for grant under the applicable Equity Plan, the Director will receive the Stock Election Amount in cash.

More Definitions of Stock Election Amount

Stock Election Amount means the product of (i) the number of Stock Electing Shares multiplied by (ii) 0.0407 (before giving effect to any proration as described above).

Stock Election Amount has the meaning ascribed to such term in Section 2.10 (a)(i).

Stock Election Amount has the meaning given to it in Section 2.4(a).

Stock Election Amount has the meaning given to it in Section 2.4(a). -------------- "Stock Election Shares" has the meaning given to it in Section 2.4(a). -------------- "Subsidiary" means, with respect to any Person, each of the Persons that directly or indirectly, through one or more intermediaries, is controlled by such Person.

Stock Election Amount means a fraction of a share of IAC Class M Common Stock equal to the quotient, rounded to four decimal places, of (i) $3.00 divided by (ii) the Match VWAP.

Stock Election Amount means the product of (i) the number of Stock Electing Shares multiplied by (ii) the Stock Election Consideration (before giving effect to any adjustment pursuant to Section 2.01(c)).