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PBI » Topics » Consideration Shares.

This excerpt taken from the PBI 10-K filed Mar 13, 2006.
Consideration Shares. “Consideration Shares” means shares of Common Stock owned by the Participant for a period of at least six months prior to the Date of Exercise, and having a Fair Market Value equal to the exercise price for the number of Option Shares to be exercised.

 

Section 2.12

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