Value of Merger Stock. In calculating the amount of Merger Stock which Parent may withhold and set off against under this Section 9.14 hereof, the value of one share of common stock of Parent shall be deemed to be equal to the average closing price per share that Parent’s common stock is traded on any established stock exchange, automated quotation system or bulletin board, for the fifteen (15) consecutive market trading days ending on the Closing Date.
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Sources: Merger Agreement (Flint Telecom Group Inc.), Merger Agreement (China Voice Holding Corp.)
Value of Merger Stock. In calculating the amount of Merger Stock which Parent may withhold and set off against under this Section 9.14 hereof, the value of one share of common stock of Parent shall be deemed to be equal to the average closing price per share that Parent’s common stock is traded on any established stock exchange, automated quotation system or bulletin board, for the fifteen (15) thirty consecutive market trading days ending on the Closing Datedate on which the Claim Notice is delivered.
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