Conversion Formula

Conversion Formula. Based on total shareholder return and shall mean, subject to the 50% threshold set forth in Section 1(b) of the Notice, the product of the number of MSUs subject to this Award Agreement that vested under the Time-Based Vesting Requirement; multiplied by the following formula: [(Vesting Date Fair Market Value minus Grant Date Fair Market Value) divided by the Grant Date Fair Market Value], plus 1. Notwithstanding the foregoing, the Conversion Formula shall be limited so that its maximum payout... cannot exceed the lesser of: (i) 150% of the number of MSUs granted on the Grant Date, and (ii) the numeric limitation set forth in Section 5.2 of the Plan. View More

Conversion Formula. Promissory Note Amount = shares of Common Stock to be converted Conversion Price