Threshold Value of Equity definition
Threshold Value of Equity means the sum of (i) the aggregate market value of the Stock and Units as of May 2, 2007 (calculated as the total number of shares of Stock
(i) assuming the First Measurement Date occurs on November 1, 2008, the total return to be earned when calculating the Threshold Value of Equity shall be 18%, (ii) assuming the Second Measurement Date occurs on May 1, 2010, the total return to be earned when calculating the Threshold Value of Equity shall be 36% and (iii) in the event of a Change in Control, the total return to be earned when calculating the Threshold Value of Equity shall be a pro rated based on the number of months elapsed.
Threshold Value of Equity means the sum of (i) the aggregate market value of the Stock and Units as of October 1, 2005 (calculated as the total number of shares of Stock and Units outstanding as of October 1, 2005 multiplied by the Base Price) earning a compound annual rate of return equal to 10% during the Performance Period, and (ii) the aggregate market value of new shares of Stock and Units issued by the Company or the Partnership during the Performance Period (calculated as the total number of shares of Stock and Units so issued multiplied by the value of a share of Stock on the date of issuance) earning a compound annual rate of return equal to 10% from the date of issue through the Measurement Date or Change in Control Date, as applicable.