Average Closing Price. The "Average Closing Price" is $22.51875, which is the average of the last sales prices of the Buyer Common Stock as reported on the Nasdaq National Market for the 10 consecutive trading days ending on June 23, 2000.
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Sources: Stock Acquisition and Exchange Agreement (Pinnacle Systems Inc)
Average Closing Price. The "Average Closing Price" is $22.51875, which is shall mean the average of the last sales closing prices of the Buyer one share of Parent Common Stock as reported on the Nasdaq National Market for over the 10 consecutive twenty trading days ending on June 23one day prior to the Closing Date; provided that if such average during the period is: (A) greater than $15.00, 2000then the Average Closing Price shall be $15.00 or (B) less than $12.00, then the Average Closing Price shall be $12.00.
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Average Closing Price. The "Average Closing Price" is $22.51875average closing price, which is the average of the last sales prices of the Buyer Common Stock as reported quoted on the Nasdaq National Market Stock Market, for the 10 consecutive trading Common Stock for the thirty (30) days ending on June 23, 2000preceding the Closing Date shall be equal to or greater than $2.62 per share.
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