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VRSN » Topics » VALUATION:

This excerpt taken from the VRSN 10-K filed Mar 13, 2006.

VALUATION:

 

Valuation Time:

The Scheduled Closing Time on the relevant Exchange

 

Valuation Date:

The earlier of (i) the Scheduled Valuation Date (as specified in Schedule I) and (ii) the date specified by MSCO to Issuer as the Valuation Date, subject to extension in accordance with “Market Disruption Event” above or Section 7 or Section 9 below. On the Valuation Date, Calculation Agent shall calculate the Settlement Amount.

 

Settlement Amount:

The Prepayment Amount minus the Forward Amount

 

Forward Amount:

The Forward Price multiplied by the Initial Shares

 

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