Target Share Price definition

Target Share Price means the price per share of Common Stock set by the Board in the option agreement that establishes the point at which a Performance-Based Option vests in accordance with Section 7.O.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Target Share Price means such amount as the shareholders by ordinary resolution or the Board determine at the time of the award (issue or transfer) of B Ordinary Shares and duly recorded in the relevant minutes of the relevant general meeting or in the Board Minutes, as applicable.

Target Share Price means the $12 Target Share Price or the $14 Target Share Price, as applicable.

Examples of Target Share Price in a sentence

A “Trigger Date” means any trading day on which the official closing price per Share (the “Closing Price”) is at or above the Target Share Price for the respective Tranche.
The “Performance-Based Option Price” is the highest of the Target Share Price (as defined in the Award Agreement) or the closing prices per Share, on each of the grant date and the Target Price Date.
If at any time while the Warrants are outstanding, the average closing price of the Common Stock for any period of five consecutive trading days is equal to or greater than the Target Share Price, the Company will have the right, on such fifth consecutive trading day, to provide written notice (the “Mandatory Exercise Notice”) of the Company’s intent to require the exercise of certain of the outstanding Warrants on the terms described in the Warrant Agreement.
The “Target Price Date” for any Performance-Based Option is the first business day following the calendar quarter in which the average market closing price equals or exceeds the Target Share Price; provided however, that no Target Price Date shall occur after the eighth anniversary of the grant date.
In the event the price per share is equal to the Target Share Price, then the Transaction Bonus will be equal to $5,250,000 (the “Target Transaction Bonus Amount”).

More Definitions of Target Share Price

Target Share Price means the price per share of Common Stock set by the Board in the option agreement that establishes the point at

Target Share Price means $9.20 per Target Share. "Target Stockholder" means any Person who or which holds any Target Shares. "Washington Business Corporation Act" means the Washington Business Corporation Act, as amended. 2.

Target Share Price means, with respect to any Company Sale consummated pursuant to Section 4.5(b)(i) on or before the sixth (6th) anniversary of the date hereof, $102.19, and, with respect to any Company Sale consummated pursuant to Section 4.5(b)(i) after the sixth (6th) anniversary of the date hereof, $89.42 (in each case, as adjusted from the date hereof for stock splits, reverse splits, recapitalizations and similar adjustments to the number of shares outstanding).

Target Share Price means the quotient obtained by dividing (A) One Hundred Million Two Hundred Twenty Six Dollars and Five Cents ($100,000,226.05) by (B) the aggregate number of Acquiror Closing Issued Shares (as adjusted for any stock split, stock dividend, combination or recapitalization after the Closing Date).

Target Share Price means $30.00 per share, subject to appropriate adjustment for stock splits, stock dividends, recapitalizations and other similar events.

Target Share Price means, with respect to a Target Bonus, the target Share Price determined by the Board at the time the Board determines and approves the Target Bonus.

Target Share Price has the meaning set forth in Section 3(d)(vi).