(ii) End Date shall mean, if the Closing Date is (i) before May 1, 2020, then December 31, 2025, or (ii) on or after May 1, 2020 then either (A) December 31, 2025 or (B) the sixth (6th) anniversary of the Closing Date, in either case of clause (A) or (B), as set forth in the SoftBank Election Notice.
(iii) Threshold Price shall mean, if the Closing Date is (i) before May 1, 2020, then one hundred and fifty dollars ($150.00), or (ii) on or after May 1, 2020, then either (A) if the End Date set forth in the SoftBank Election Notice is December 31, 2025, one hundred and fifty dollars ($150.00), or (B) if the End Date set forth in the SoftBank Election Notice is the sixth (6th) anniversary of the Closing Date, (I) one hundred and fifty dollars ($150.00) through and including the fifth (5th) anniversary of the Closing Date and (II) one hundred and sixty dollars ($160.00) following the fifth (5th) anniversary of the Closing Date through the End Date.
(iv) Sale of the Company shall have the meaning given to such term in the Stockholders Agreement.
(v) Trading Day shall mean any day on which NASDAQ is open for trading and has a scheduled closing time of 4:00 p.m. New York City time;
(vi) T-Mobile VWAP shall mean, for any Trading Day, the trailing volume-weighted average price per share of T-Mobile Common Stock on NASDAQ (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by T-Mobile and SoftBank) measured over the forty-five (45) consecutive Trading Day period immediately preceding such Trading Day.
1.2 Surrender of Shares by SoftBank. SoftBank hereby agrees to cause its affiliates to surrender, convey, assign, transfer and deliver to T-Mobile, for no additional consideration, an aggregate of 48,751,557 shares of T-Mobile Common Stock (such number of shares, the SoftBank Specified Shares Amount) effective immediately following the Effective Time, it being agreed that T-Mobile shall be entitled to take, and to direct the Exchange Agent to take, such actions as T-Mobile or the Exchange Agent reasonably determine are necessary or appropriate to effect the foregoing surrender, conveyance, assignment, transfer and delivery effective as of such time, without any further action on the part of SoftBank, SoftBank UK HoldCo or their respective affiliates; provided that SoftBank shall, and shall cause its affiliates to, execute and deliver any assignments, assurances, instruments or documents, and take and do any other actions or things, as T-Mobile may reasonably request to accomplish or in furtherance of the foregoing.
1.3 Additional Shares Issuable to SoftBank. If the T-Mobile VWAP, at any time during the period commencing on the second (2nd) anniversary of the Closing Date and ending on the End Date, is an amount equal to or greater than the Threshold Price (such condition, the Additional Shares Issuance Condition), then, subject to the remaining provisions of this Section 1.3, T-Mobile shall promptly, and in any event within ten (10) business days following the delivery of such documents as may be reasonably required by the transfer agent for the T-Mobile Common Stock, issue to SoftBank or, at SoftBanks written request, an affiliate of