Common use of Calculation of Stock Consideration Clause in Contracts

Calculation of Stock Consideration. Should Purchaser exercise the Smokey Hills Option, the ▇▇▇▇▇▇▇ Option, or both, the stock consideration will be Purchaser’s common stock, the valuation of which will be determined at the option exercise(s), and will be the average closing bid price over the preceding twenty trading days as quoted by Bloomberg.

Calculation of Stock Consideration. Should Purchaser exercise the Smokey Hills Option, the ▇▇▇▇▇▇▇ Option, or both, the stock consideration will be Purchaser’s common stock, the valuation of which will be determined at the option exercise(s), and will be he the average closing bid price over the preceding proceeding twenty trading days clays as quoted by Bloomberg, 1 This debt to Husky Ventures is separate from the AFE payment obligation in B(2).