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VRSN » Topics » PRICING SUPPLEMENT

This excerpt taken from the VRSN 10-Q filed May 12, 2008.

PRICING SUPPLEMENT

This Pricing Supplement is subject to the Confirmation dated as of February 8, 2008 (the “Confirmation”) between J.P. Morgan Securities Inc., as agent for JPMorgan Chase Bank, National Association, London Branch (the “Seller”), and VeriSign, Inc., a Delaware corporation (the “Purchaser”). Capitalized terms used herein have the meanings set forth in the Confirmation.

 

1

    Discount:    [***]

2

    Initial Number of Shares:    [***] shares of Common Stock

3

    Upside Threshold:    [***]% of the Hedging Price

4

    Valuation Completion Date:    The Trading Day, during the period commencing on and including the [***] Trading Day following the Valuation Commencement Date and ending on and including the Expiration Date, specified as such by the Seller, in its sole judgment, by delivering a notice designating such Trading Day as a Valuation Completion Date by the end of such Trading Day; provided that if the Seller fails to validly designate the Valuation Completion Date prior to the Expiration Date, the Valuation Completion Date shall be the Expiration Date.

5

    Section 9.02:    Not Applicable

 

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