Average Closing Price. The term "Average Closing Price" shall mean the average closing price of ATMI Common Stock on The Nasdaq National Market for the twenty (20) trading days ended five (5) days prior to the date of ATMI's meeting of stockholders to approve the Merger; provided that (i) in the event that the Average Closing Price is greater than $16 per share, the Average Closing Price shall be deemed to be $16 per share; and (ii) in the event that the Average Closing Price is less than $14 per share, the Average Closing Price shall be deemed to be $14 per share.
Appears in 3 contracts
Sources: Merger Agreement (Siegele Stephen H), Merger Agreement (Advanced Technology Materials Inc /De/), Merger Agreement (Siegele Stephen H)