Trailing Average Closing Price

Trailing Average Closing Price. The average closing sale price of the Common Stock on the principal market on which the Common Stock trades during the ten trading day period terminating on the date provided in Section 7 hereof. Notwithstanding the foregoing, (A) that in the event that that the Trailing Average Closing Price determined as provided in the immediately preceding sentence is less than $14.00, the Trailing Average Closing Price shall be deemed to be $14.00 and (B) that in the event that that the Trailing Average... Closing Price determined as provided in the immediately preceding sentence is greater than $15.00, the Trailing Average Closing Price shall be deemed to be $15.00. View More