Vested Value definition

Vested Value means: (i) with regard to Shares of closed-end funds, the number of vested Shares multiplied by the closing price per share of the applicable fund on the primary stock exchange or NASDAQ stock market, as applicable, on which such fund then trades on the date the underlying Units vested (or, if such date is not a trading day, on the last trading day prior to such date), less any required tax or other withholding; or (ii) with regard to non-closed end funds, the aggregate Net Asset Value (as defined below) of the Shares on the date the underlying Units vested, less any required tax or other withholding obligations.
Sample 1Sample 2Sample 3
Vested Value of any stock option grant shall be equal to: (i) the excess of) (y) the average closing price of Company stock on the twenty (20) trading days immediately preceding the Maturity Date over (z) the exercise price of the respect grant, multiplied by (ii) the number of shares of the respective grant that are then vested; provided that the Vested Value of any options that have been exercised shall be equal to the excess of the closing price (as of the date of exercise) of Company common stock obtained as a result of such exercise over the exercise price thereof.
Sample 1
Vested Value means the value of the Member’s account representing vested Company Contributions, including reallocated amounts, if any, and associated interest, gains and losses.
Sample 1

Examples of Vested Value in a sentence

  • The total value (the “Earned Amount”) owed to you in connection with this Agreement will be determined by multiplying the number of Performance Units by the Vested Value.

  • The Vested Value (as defined in the Restricted Stock Agreement) of the shares of Restricted Stock vesting pursuant to this Section 4.3 shall be delivered to Executive in the manner provided in Section 2.2 of the Restricted Stock Agreement within ten (10) days of Executive’s Date of Termination, using Executive’s Date of Termination as the date for determining the Vested Value.

  • The Company shall establish a Deferred Restricted Stock Subaccount for each Participant under the Plan who has Deferred Vested Value Subaccount credits in the Prior Plan Transfer Account being transferred from the Prior Plan.

  • A Member who retires is entitled to receive a pension provided by the Vested Value of his account at the date of commencement of pension payments.

  • The Company shall establish a Deferred Restricted Stock Subaccount and a Deferred Vested Value Subaccount for each Participant under the Plan who has Deferred Restricted Stock Subaccount or Deferred Vested Value Subaccount credits in the Prior Plan Transfer Account being transferred from the Prior Plans.

  • No further deferrals will be allowed to the Deferred Restricted Stock Subaccount or Deferred Vested Value Subaccount by the Participant under this Plan, unless the Plan Administrator determines otherwise.

  • Each Employee who was previously employed by an Affiliated Company or who previously performed services for the Company as a leased employee within the meaning of Section 414(n) of the Code shall have such service taken into account under the Plan, solely for purposes of determining eligibility to participate in the Plan and the Vested Value of his Accounts.

  • The Deferred Restricted Stock Subaccount and Deferred Vested Value Subaccount will be adjusted on each Annual Valuation Date (and at such other dates, if any, as may be determined by the Plan Administrator) as if they were invested in Acuity Shares to reflect any distributions, stock dividends, stock splits or similar actions with respect to the Acuity Shares since the preceding Annual Valuation Date (or such other date).

  • Subject to Applicable Legislation, the Vested Value of a Member’s account on early, normal or late retirement, death, termination of employment or termination of the Plan may be settled as described below.

  • A Participant’s interest in the amount credited to his Deferred Restricted Stock Subaccount and Deferred Vested Value Subaccount shall vest in accordance with the terms of the underlying award agreement for such Restricted Stock.


More Definitions of Vested Value

Vested Value means the value of the Participant’s applicable Account, as adjusted in the case of the Employer Contribution Account to reflect only the Participant’s Vested Interest in such account.
Sample 1
Vested Value means the value of the vested Target Shares as determined pursuant to Section 3A(c)(i)(C)(1) above.
Sample 1
Vested Value means the average thirty-day daily volume-weighted average price (VWAP) of Soupman’s Common Stock for the thirty (30) trading days immediately preceding the Valuation Date;
Sample 1

Related to Vested Value

  • Adjusted Value as used in subdivision (d) means:

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • Commuted Value means the actuarial present value of the pension or other benefit to which an employee, or their spouse or designated beneficiary, if applicable, is or will become entitled and which confirms to generally accepted actuarial principles and is accepted under the Pension Benefits Act, 1987 (Ontario) and regulation thereunder.

  • Declared Value means your assessment of the cost of reinstatement of the property insured (as defined in Basis of settlement - Reinstatement) at the level of costs applying at the inception of the period of insurance (ignoring inflationary factors which may operate subsequently) together with insofar as the insurance by the item provides due allowance for

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • Stated Value means $1,000 per share of Preferred Stock.

  • Allocated Value means, in respect of any particular asset of a Participating CCAA Party, the amount of the sale proceeds realized from such asset, net of costs allocated to such asset all pursuant to the Allocation Methodology and, in respect of any Secured Claim, the amount of such sale proceeds receivable on account of such Secured Claim after taking into account the priority of such Secured Claims relative to other creditors holding a Lien in such asset;

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • rand value means the total estimated value of a contract in Rand, calculated at the time of bid invitation, and includes all applicable taxes;

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • Initial assessed value means the assessed value, as equalized, of all the taxable property within the boundaries of the development area at the time the resolution establishing the tax increment financing plan is approved as shown by the most recent assessment roll of the municipality for which equalization has been completed at the time the resolution is adopted. Property exempt from taxation at the time of the determination of the initial assessed value shall be included as zero. For the purpose of determining initial assessed value, property for which a specific local tax is paid in lieu of a property tax shall not be considered property that is exempt from taxation. The initial assessed value of property for which a specific tax was paid in lieu of a property tax shall be determined as provided in subdivision (w).

  • Spread Value means, with respect to a share of Stock subject to an Award, an amount equal to the excess of the Fair Market Value, on the date such value is determined, over the Award’s exercise or grant price, if any.

  • Vested LTIP Units has the meaning provided in Section 4.4(d) hereof.

  • FR Value means, in respect of a ST FR Valuation Date, Worst Value.

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

  • Tendered value means the value of the entire work as stipulated in the letter of award.

  • Hurdle Amount means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • ACCUMULATION UNIT VALUE The Accumulation Unit Value for each Sub-Account was set initially at $10. Subsequent Accumulation Unit Values for each Sub-Account are determined by multiplying the Accumulation Unit Value for the immediately preceding Valuation Period by the Net Investment Factor for the Sub-Account for the current period.

  • Fund Value means the separate account assets associated with the Variable Annuity Business.

  • Target Value shall have the meaning stated in Section 7.2 of Schedule D to this Agreement.

  • Assigned Value means the Market/Offer Price, as defined in Section 7.

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Company Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(ii) below) and the holders of not less than 50% in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.

  • Vested Interest means a Participant’s nonforfeitable interest in his or her Account, determined in accordance with Article V.