Adjusted Exercise Price
Adjusted Exercise Price. As of the Adjustment Date, the lower of (i) the Exercise Price then in effect and (ii) (x) the applicable Installment Percentage (as defined in the Notes) multiplied by (y) the quotient of (A) the sum of the three (3) lowest VWAP of the Common Stock on any Trading Day during the twenty (20) consecutive Trading Day period ending on and including such date of determination, divided by (B) three (3). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock...
View More
All Definitions
Found in
POSITIVEID Corp contract