REMAINING PRO RATA SHARE

REMAINING PRO RATA SHARE. Shall mean the ratio that (i) the sum of the number of shares of Common Stock then held by each Eligible Offeree (as defined herein) and the number of shares of Common Stock issuable upon exercise of any vested options, vested warrants or convertible securities (including, without limitation, the Preferred Stock) then held by such 3 Eligible Offeree bears to (ii) the sum of the total number of shares of Common Stock then held by all Eligible Offerees... and the number of shares of Common Stock issuable upon exercise of any vested options, vested warrants or convertible securities (including, without limitation, the Preferred Stock) then held by all Eligible Offerees. View More