Catchup Dividend Payment Per Share

Catchup Dividend Payment Per Share. , with respect to any Option in connection with a Dividend Deficit Event, means the amount, if any, by which (i) the aggregate amount paid at any time after the consummation of the related Dividend Event through consummation of a Sale of the Company to the Participant in respect of each share of the Applicable Class issuable upon exercise of such Option (other than such shares in respect of which a payment was made pursuant to Section 7(b)(v) of this Plan in... connection with such Dividend Event), including all amounts which such Participant would be entitled to receive in respect of such a share obtained upon exercise of such Option and sale of such share in connection with such Sale of the Company, to the extent in excess of the Exercise Price, exceeds (ii) the aggregate amount paid at any time after the consummation of such Dividend Event (i.e., excluding the dividend paid in connection with such Dividend Event) through consummation of such Sale of the Company, to Company Stockholders in respect of each share of such Applicable Class which was outstanding as of the record date of the Dividend Event (and, consequently, in respect of which such dividend was paid in connection with such Dividend Event) and remained outstanding through the consummation of the Sale of the Company (or if no shares of such Applicable Class remained outstanding through the consummation of the Sale of the Company, the date as of which the last shares of such Applicable Class remained outstanding). View More