Measuring Periods. Each Measuring Period shall be a 12 month period, with the first Measuring Period commencing on August 1, 1999 (the "First Ticket Date") and ending on the first anniversary of such date. Subsequent Measuring Periods will expire on the second, third, fourth and fifth anniversary of the First Ticket Date, respectively; provided that the last Measuring Period will expire on the fifth anniversary of the Issue Date."
Appears in 2 contracts
Sources: Annual Report, Participation Warrant Agreement (Priceline Com Inc)