Spread Definition Example with 4 Variations
This page contains an example definition of Spread, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Spread. Means the excess of the Market Value per Share on the date an Appreciation Right is exercised over (i) the Option Price provided for in the Stock Option granted in tandem with the Appreciation Right or (ii) if there is no tandem Stock Option, the Grant Price provided for in the Appreciation Right, in either case multiplied by the number of shares of Common Stock in respect of which the Appreciation Right is exercised.
Found in
MICHAELS STORES INC contract
Variations
Spread. Means means the excess of the Market Value per Share on the date an Appreciation Right is exercised over (i) the Option Price provided for in the Stock Option granted in tandem with the Appreciation Right or (ii) if there is no tandem Stock Option, the Grant Price provided for in the Appreciation Right, in either case multiplied by the number of units or shares of Common Stock Equity in respect of which the Appreciation Right is exercised.
Spread. Means means the excess of the Market Value per Share Unit on the date an Appreciation Right is exercised over (i) the Option Price provided for in the Stock Option granted in tandem with the Appreciation Right or (ii) if there is no tandem Stock Option, the 5 Grant Price provided for in the Appreciation Right, in either case multiplied by the number of shares of Common Stock Units in respect of which the Appreciation Right is exercised.
Spread. Means means the excess of the Market Value per Share Unit on the date an Appreciation Right is exercised over (i) the Option Price provided for in the Stock Option granted in tandem with the Appreciation Right or (ii) if there is no tandem Stock Option, the 5 Grant Price provided for in the Appreciation Right, in either case multiplied by the number of shares of Common Stock Units in respect of which the Appreciation Right is exercised.
Found in
Quicksilver Gas Services LP contract
Spread. Means means the excess of the Market Value per Share on the date when an Appreciation Right is exercised over (i) (a) the Option Price provided for in the Stock related Option granted in tandem with the Appreciation Right or (ii) (b) if there is no tandem Stock Option, Option Right, the Grant Price provided for in the Appreciation Right, in either case multiplied by the number of shares of Common Stock in respect of which the Appreciation Right is exercised.
Found in
D. R. Horton contract
