Reserved Shares
Reserved Shares. That number of shares of Common Stock calculated as follows: (i) the amount of Estimated Damages as set forth in a Claim Notice multiplied by 1.5, and then divided by (ii) the Fair Market Value as of the day of the Claim Deadline. When determining the number of Reserved Shares, fractional shares shall be rounded to the nearest number of full shares.
Reserved Shares. At each time of reference, the total number of Shares described in Section 3 with respect to which the Committee may grant an Award, all of which Reserved Shares shall be held in the Parent's treasury or shall be made available from the Parent's authorized and unissued Shares
Found in
Denbury Resources Inc. contract
Reserved Shares. The shares of Common Stock reserved by the Corporation for issuance upon conversion of the Preferred Stock
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