Adjusted Fair Market Value

Adjusted Fair Market Value. Means, in the event of a Change in Control, the greater of (i) the highest price per Share paid to holders of the Shares in any transaction (or series of transactions) constituting or resulting in a Change in Control or (ii) the highest Fair Market Value of a Share during the ninety (90) day period ending on the date of a Change in Control.

Adjusted Fair Market Value. Means, in the event of a Change of Control, the greater of (i) the highest Fair Market Value of the Shares during the sixty (60) day period ending on the date of such Change in Control or (ii) in the case of a Change in Control described in Section 2(h)(ii) or 2(h)(iii), the highest price per Share paid to holders of the Shares in any transaction constituting or resulting from such Change in Control.

Adjusted Fair Market Value. Means for each share of the Securities, the greater of (A) an amount equal to Cost; or (B) an amount equal to (y) (i) eighty percent (80%) of the Statutory Surplus of Safety Insurance Company as of the end of the Company's prior fiscal quarter LESS (ii) the aggregate amount of all indebtedness or capitalized leases of the Company and its subsidiaries (including, without limitation, the Credit Agreement) immediately prior to the call or put date (including, without limitation, interest accrued... but unpaid immediately prior to the call date, all determined in accordance with GAAP LESS (iii) the aggregate amount of the liquidation value of all preferred stock of the Company outstanding immediately prior to the call or put date, including accrued but unpaid dividends, all determined in accordance with GAAP; divided by (z) the aggregate number of shares of Securities issued and outstanding on a fully-diluted basis as of the date the Stockholder's employment with the Company or its subsidiaries is terminated. For this purpose, "FULLY-DILUTED BASIS" shall assume the full exercise of all options, warrants, calls and other similar securities and the full conversion (if dilutive) of all convertible stock, notes or other convertible securities, among other things. View More

Adjusted Fair Market Value. The average Fair Market Value over the twenty trading days prior to the Determination Date plus the sum of all dividends paid per share of Common Stock from the Grant Date until the Determination Date.

Adjusted Fair Market Value. The average Fair Market Value over the twenty trading days prior to the Determination Date