Lost Stock Value

Lost Stock Value. For purposes of this Agreement, "Lost Stock Value" is defined as an amount equal to (a) the number of shares of Company common stock underlying all Equity Awards then held by Employee (whether or not such Equity Awards are vested at the time, provided, however, that for this purpose the term "Equity Awards" shall not include any award of restricted stock (unless such award prohibits the payment of dividends on such restricted stock) and shall also not include any stock option with an exercise... price greater than the then current fair market value of Company common stock, and provided further, that the Company agrees that the terms of any Equity Award will not prohibit the payments contemplated by Section 5(e)) times (b) the difference between (1) the Eligible Price and (2) the five (5) trading day average closing price of the Company's common stock on and after any ex-dividend date associated with such special and/or extraordinary cash dividend. View More