Fair Market Value Definition Example with 4 Variations

This page contains an example definition of Fair Market Value, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Fair Market Value. Means the value of each share of Common Stock subject to the Plan on a given date determined as follows: if on such date the shares of Common Stock are listed on an established national or regional stock exchange, are admitted to quotation on The Nasdaq Stock Market, or are publicly traded on an established securities market, the fair market value of the shares of Common Stock shall be the closing price of the shares of Common Stock on such exchange or in such market (the exchange or market... selected by the Board if there is more than one such exchange or market) on such date or, if there is no such reported closing price, the fair market value shall be the mean between the highest bid and lowest asked prices or between the high and low sale prices on such day or, if no sale of the shares of Common Stock is reported for such day, on the next preceding day on which any sale shall have been reported. If the shares of Common Stock are not listed on such an exchange, quoted on such System or traded on such a market, fair market value shall be determined by the Board in good faith. View More
Found in American Pub. Edu. contract

Variations

Fair Market Value. Means the value of each a share of Common Stock subject to the Plan on a given date Stock, determined as follows: if on such the Grant Date or other determination date the shares of Common Stock are is listed on an established national or regional stock exchange, are is admitted to quotation on The Nasdaq Stock Market, Inc. or are is publicly traded on an established securities market, the fair market value Fair Market Value of the shares a share of Common Stock shall be the closing price of... the shares of Common Stock on in such exchange or in such market (the exchange or market selected by the Board if (if there is more than one such exchange or market the Board shall determine the appropriate exchange or market) on the Grant Date or such other determination date or, (or if there is no such reported closing price, the fair market value Fair Market Value shall be the mean between the highest bid and lowest asked prices or between the high and low sale prices on such day trading day) or, if no sale of the shares of Common Stock is reported for such trading day, on the next preceding day on which any sale shall have been reported. If the shares of Common Stock are is not listed on such an exchange, quoted on such System system or traded on such a market, fair market value Fair Market Value shall be the value of the Common Stock as determined by the Board in good faith. faith View More
Found in CAPRICOR THERAPEUTICS, INC. contract
Fair Market Value. Means the value of each share of Common Stock subject to the Plan on a given date determined as follows: if on such date the shares of Common Stock are listed on an established national or regional stock exchange, are admitted to quotation on The Nasdaq Stock Market, exchange or are publicly traded on an established securities market, the fair market value of the shares of Common Stock shall be the closing price of the shares of Common Stock on such exchange or in such market (the exchange or... market selected by the Board if there is more than one such exchange or market) on such date or, if there such date is no not a trading day, on the trading day immediately preceding such reported closing price, the fair market value shall be the mean between the highest bid and lowest asked prices or between the high and low sale prices on such day date, or, if no sale of the shares of Common Stock is reported for such trading day, on the next preceding day on which any sale shall have been reported. If the shares of Common Stock are not listed on such an exchange, quoted on such System exchange or traded on such a market, fair market value shall be determined by the Board in good faith. faith View More
Found in 3 Contracts from 3 Companies
Fair Market Value. Means means the value of each a share of Common Stock subject to the Plan on a given date Stock, determined as follows: if on such the Grant Date or other determination date the shares of Common Stock are is listed on an established national or regional stock exchange, are is admitted to quotation on The Nasdaq Stock Market, Inc. or are is publicly traded on an established securities market, the fair market value Fair Market Value of the shares a share of Common Stock shall be the closing price... of the shares of Common Stock on such exchange or in such market (the exchange or market selected by the Board if (if there is more than one such exchange or market the Board shall determine the appropriate exchange or market) on the Grant Date or such other determination date or, (or if there is no such reported closing price, the fair market value Fair Market Value shall be the mean between the highest bid and lowest asked prices or between the high and low sale prices on such day trading day) or, if no sale of the shares of Common Stock is reported for such trading day, on the next preceding day on which any sale shall have been reported. If the shares of Common Stock are is not listed on such an exchange, quoted on such System system or traded on such a market, fair market value Fair Market Value shall be the value of the Stock as determined by the Board in good faith. View More
Found in Bonanza Creek Energy, Inc. contract
Fair Market Value. Means the value of each share of Common Stock subject to the Plan on a given date determined as follows: if on such date the shares of Common Stock are listed on an established national or regional stock exchange, are admitted to quotation on The Nasdaq Stock Market, exchange or are publicly traded on an established securities market, the fair market value of the shares of Common Stock shall be the closing price of the shares of Common Stock on such exchange or in such market (the exchange or... market selected by the Board if there is more than one such exchange or market) on such date or, if there such date is no not a trading day, on the trading day immediately preceding such reported closing price, the fair market value shall be the mean between the highest bid and lowest asked prices or between the high and low sale prices on such day date, or, if no sale of the shares of Common Stock is reported for such trading day, on the next preceding day on which any sale shall have been reported. If the shares of Common Stock are not listed on such an exchange, quoted on such System exchange or traded on such a market, fair market value shall be determined by the Board in good faith. View More
Found in TESARO, Inc. contract
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