Grant Date Fair Value definition

Grant Date Fair Value means the fair value per share of the issuance or grant of Common Stock or Common Stock Equivalents pursuant to the Company’s incentive equity arrangements as determined in accordance with U.S. Generally Accepted Accounting Principles for purposes of reporting any such award in the Company’s financial statements.

Grant Date Fair Value means the fair value of a given equity award as determined in accordance with GAAP for purposes of reporting any such award in the grantor’s financial statements.

Grant Date Fair Value means the value of one Restricted Share Unit subject to the terms of this Certificate calculated as of the close of business on the Grant Date based on the estimated value, as determined by the Company in its sole discretion, expected to be used by the Company for accounting purposes.

Grant Date Fair Value means, such respect to an Equity-Based Award, the grant date fair value as determined in accordance with the Financial Accounting Standards Board Accounting Standards Codification 718 (“ASC 718”), or any successor thereto, as of such Equity-Based Award’s Date of Grant.

Grant Date Fair Value means a value arrived at by projecting future stock prices for the Company and the Peer Companies while allowing for greater flexibility and customization of the assumptions and plan design parameters which is necessary to value the Adjusted EBITDA RSUs with a Relative TSR Multiplier. g) “Opening Average Period” means the 20 trading days immediately preceding the first day of the Relative TSR Performance Period. h) “Opening Average Share Value” means the average, over the trading days in the Opening Average Period, of the closing price of a company’s stock multiplied by the Accumulated Shares for each trading day during the Opening Average Period. i) “Peer Companies” means the constituents of the ▇▇▇▇▇▇▇ 2000 Index as of January 1, 2025. j) “Performance Period” means the 3-year period commencing on the Date of Grant and ending on the third-anniversary of the Date of ▇▇▇▇▇. k) “Relative TSR” is a performance metric that compares the Company’s TSR to the TSR of each of the Peer Companies using the methodology set forth herein. l) “Relative TSR Multiplier” is the multiplier that will be applied to the Adjusted EBITDA RSUs at the end of the Relative TSR Performance Period. m) “Relative TSR Performance Period” means the Performance Period for which the TSR metrics for Performance-Based RSUs will be measured. n) “TSR” (Total Shareholder Return) means the change in fair market value over a specified period of time, expressed as a percentage, which will be calculated by dividing (a) the Closing Average Share Value by (b) the Opening Average Share Value and subtracting one from the quotient. II.

Grant Date Fair Value means a value arrived at by projecting future stock prices for the Company and the Peer Companies

Grant Date Fair Value shall be the ten (10) day trading average of the Company’s common stock preceding the Grant Date. The Initial Grant shall vest ratably over four years, with 25% of the Initial Grant vesting on the first anniversary of the grant date, and the remainder of the Initial Grant vesting in equal monthly installments thereafter so long as Employee remains employed with the Company on each vesting date. The Initial Grant shall vest 100% upon the closing of a Change in Control (as defined in the Company’s 2022 Incentive Award Plan, as amended from time to time (the “Plan”)), subject to Employee’s valid and timely execution and nonrevocation of the Company’s Release (as defined below). Except as otherwise stated herein, the Initial Grant shall be subject to the terms, definitions and provisions of the Company’s 2022 Incentive Award Plan and the applicable award agreement, including with respect to vesting and forfeiture.