Transaction Target Price

Example Definitions of "Transaction Target Price"
Transaction Target Price. The sum of (x) the Price Target for the most recently occurring Determination Date prior to the Change of Control, or if no Determination Date has occurred the Fair Market Value of one share of Common Stock on the Grant Date and (y) the product of (i) the Price Target for the Determination Date next scheduled to occur minus the amount determined pursuant to clause (x) of this definition and (ii) a fraction, the numerator of which is the number of days occurring since the most recently occurring... Determination Date prior to the Change of Control or if no Determination Date has occurred, the Grant Date, and the denominator of which is 365. View More
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