Excess Shareholder Value
Excess Shareholder Value. Means, with respect to the total number of shares of Common Stock and limited partnership units of the Partnership exchangeable for Common Stock outstanding as of the Valuation Date, the aggregate positive dollar value, if any, of the compound annual Total Shareholder Return (as applied to such stock and units) for the Performance Period in excess of a compound annual Total Shareholder Return equivalent to 15% for such Performance Period.
Found in
MPG Office Trust, Inc. contract
Excess Shareholder Value. The excess dollar value, if any, of (x) the sum of (i) the aggregate market value of the Stock and Units as of the Measurement Date or Change in Control Date, as applicable (calculated as the total number of shares of Stock and Units outstanding as of the Measurement Date or Change in Control Date, as applicable, multiplied by the Share Value) and (ii) the cumulative value of dividends paid from October 1, 2005 through the Measurement Date or Change in Control Date, as applicable, including the...
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Found in
Digital Realty Trust Inc contract