Annual Core Base Price

Example Definitions of "Annual Core Base Price"
Annual Core Base Price. Means with regard to each calendar year that is used to measure whether LTIP OP Units shall vest pursuant to Section 3(b), the VWAP for the Common Stock of the Company for the last 10 trading days of the calendar year immediately preceding such calendar year.
Found in RECKSON ASSOCIATES REALTY CORP contract
Annual Core Base Price. Means with regard to each calendar year that is used to measure whether Core Shares shall vest pursuant to Section 3(b) other than Core Shares that may vest on the initial Annual Vesting Date, the VWAP for the last 10 trading days of the calendar year immediately preceding such calendar year.
Found in RECKSON ASSOCIATES REALTY CORP contract
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