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.

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

• These conditions typically include a performance condition requiring the staff member to achieve a minimum “meets expectations” rating and some rights have included a market condition in the form of a minimum Target Share Price (TSP).

• The Option Price for a Performance-Based Option shall be the greater of: (i) the fair market value of the Common Stock on the date the option is granted as provided in Section 7.B[1]; or (ii) the Target Share Price; or (iii) the fair market value of the Common Stock on the date the Target Share Price is deemed to have been achieved, as determined in accordance with Section 7.C and 7.O[3].

• The Board will confirm the achievement of the Target Share Price and the Option Price as soon as administratively practicable after the Target Share Price has been achieved.

• The Target Share Price shall be deemed to have been achieved on the first business day following the calendar quarter in which the average daily fair market value of the Common Stock, determined in accordance with Section 7.C., equals or exceeds the Target Share Price for the preceding calendar quarter.

• Performance-Based Options shall vest in equal twenty percent (20%) annual installments over a five (5) year period, beginning with vesting of the first 20% installment on the second anniversary of the date the Target Share Price has been achieved, with full vesting of the option occuring on the sixth anniversary of the date the Target Share Price has been achieved.

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

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

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, 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 $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.