TRS Shares

TRS Shares. (i) if both of the TRS Metrics are achieved by the Company, 12,850 Common Shares, (ii) if one of the TRS Metrics is achieved by the Company, 8,000 Common Shares, and (iii) if none of the TRS Metrics is achieved by the Company, no Common Shares; provided, however, that if the number of TRS Shares shall be determined pursuant to clause (i) and the value, calculated as of the Valuation Date, of the Common Shares to be awarded shall be greater than $1,028,000, then the number of such Common Shares... shall be equal to $1,028,000 divided by the Share Price with fractional Common Shares rounded up to the nearest whole number of Common Shares; and provided further, that if the number of TRS Shares shall be determined pursuant to clause (ii) and the value, calculated as of the Valuation Date, of the Common Shares to be awarded shall be greater than $640,000, then the number of such Common Shares shall be equal to $640,000 divided by the Share Price with fractional Common Shares rounded up to the nearest whole number of Common Shares View More