Vested Common Equivalent

Example Definitions of "Vested Common Equivalent"
Vested Common Equivalent. Means, as of or immediately prior to the Closing of any Change in Control, the aggregate number of Vested Phantom Shares that are outstanding under the Plan, plus the aggregate number of shares of vested capital stock of the Company (including any vested Derivative Securities) entitled to participate in residual distributions or payments to stockholders after satisfaction of Applicable Preferences.
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