DD Termination Fraction

DD Termination Fraction. The term "DD Termination Fraction" shall mean (x) for any applicable Termination occurring prior to the First Vesting Date, a fraction the numerator of which equals the number of days that have elapsed from the Date of Grant through the Termination Date, and the denominator of which equals 1095; and (y) for any applicable Termination occurring after the First Vesting Date but prior to the Second Vesting Date, a fraction the numerator of which equals the number of days that have elapsed from the... First Vesting Date through the Termination Date, and the denominator of which equals 365. View More