Fair Market Value Definition Example with 237 Variations

Fair Market Value. As as of any date, the value of Common Stock the common stock of the Company determined as follows: follows and in each case in a manner consistent with Section 260.140.50 of Title 10 of the California Code of Regulations: (i) If the Common Stock common stock is listed on any established stock exchange or a national market system, including without limitation the Nasdaq National Market or The Nasdaq SmallCap Market System of The Nasdaq Stock Market, its the National Association of Securities... Dealers, Inc. Automated Quotation ("NASDAQ") System, the Fair Market Value of a share of common stock shall be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such system or exchange or system (or the exchange with the greatest volume of trading in common stock) on the last market trading day prior to the day of determination, as reported in The the Wall Street Journal or such other source as the Administrator Board deems reliable; (ii) If the Common Stock common stock is quoted on the NASDAQ System (but not on the National Market System thereof) or is regularly quoted by a recognized securities dealer but selling prices are not reported, the Fair Market Value of a Share share of Common Stock common stock shall be the mean between of the high bid and low asked prices for the Common Stock common stock on the last market trading day on prior to the day of determination, as reported in The the Wall Street Journal or such other source as the Administrator Board deems reliable; or (iii) In the absence of an established market for the Common Stock, common stock, the Fair Market Value shall be determined in good faith by the Administrator Board and to the extent that the Company is subject to Section 260.140.50 of Title 10 of the California Code of Regulations, in a manner consistent with Section 260.140.50 of Title 10 of the California Code of Regulations View More

Fair Market Value. As as of any date, the value of Common Stock the Ordinary Shares determined as follows: (i) If the Common Stock is Ordinary Shares are listed on any established stock exchange or a national market system, including without limitation the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, NASDAQ, its Fair Market Value shall will be the closing sales price for such stock shares (or the closing bid, if no sales were reported) as quoted on such exchange or system on for the day of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; (ii) If the Common Stock is Ordinary Shares are regularly quoted by a recognized securities dealer but selling prices are not reported, the Fair Market Value of a Share of Common Stock shall will be the mean between the high bid and low asked prices for the Common Stock on the last market trading day on Ordinary Shares for the day of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; or (iii) In the absence of an established market for the Common Stock, Ordinary Shares, the Fair Market Value shall will be determined in good faith by the Administrator by such other methodology as the Administrator determines in good faith to be reasonable and in accordance with Section 409A of the Code View More

Fair Market Value. As as of any date, the value of the Class B Common Stock determined as follows: (i) If if the Class B Common Stock is listed on any established stock exchange or a national market system, including without limitation the Nasdaq National NYSE Amex, NASDAQ Global Select Market, NASDAQ Global Market or The Nasdaq SmallCap Market of The Nasdaq the NASDAQ Stock Market, its or any successor to any of them, the Fair Market Value of a Share of Class B Common Stock shall be the closing sales price for... such stock (or the closing bid, if no sales were reported) of a Share of Class B Common Stock as quoted on such exchange or system for such date (or the most recent trading day preceding such date if there were no trades on the day of determination, such date), as reported in The Wall Street Journal or such other source as the Administrator Committee deems reliable; reliable, including without limitation, Yahoo! Finance; (ii) If if the Class B Common Stock is regularly quoted by a recognized securities dealer but selling prices are is not reported, listed in the manner contemplated by clause (i) above, the Fair Market Value of a Share of Class B Common Stock shall be the mean between the high bid and low asked prices for the Class B Common Stock on for such date (or the last market most recent trading day preceding such date if there were no trades on the day of determination, such date), as reported in The Wall Street Journal or such other source as the Administrator Committee deems reliable; reliable, including without limitation Yahoo! Finance; or (iii) In the absence of an established market for the Common Stock, if neither clause (i) above nor clause (ii) above applies, the Fair Market Value shall be determined in good faith by the Administrator based on the reasonable application of a reasonable valuation method View More

Fair Market Value. As as of any date, unless otherwise determined by the Board, the value of Common Stock the Ordinary Shares (as determined on a per share or aggregate basis, as applicable) determined as follows: (i) If the Common Stock is Ordinary Shares are listed on any established stock exchange or a national market system, including without limitation traded on any established market, the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its Fair Market Value shall will be the... closing sales price for such stock (or the closing bid, if no sales were reported) shares as quoted on such exchange or system market (or the exchange or market with the greatest volume of trading in the Ordinary Shares) on the day date of determination, as reported in The Wall Street Journal or such other a source as the Administrator Board deems reliable; reliable. (ii) If there is no closing sales price for the Common Stock is regularly quoted by a recognized securities dealer but selling prices are not reported, Ordinary Shares on the date of determination, then the Fair Market Value of a Share of Common Stock shall will be the mean between the high bid and low asked prices for the Common Stock closing selling price on the last market trading day on the day of determination, as reported in The Wall Street Journal or preceding date for which such other source as the Administrator deems reliable; or quotation exists. (iii) In the absence of an established market such markets for the Common Stock, Ordinary Shares, or if otherwise determined by the Board, the Fair Market Value shall will be determined by the Board in good faith by and in a manner that complies with Sections 409A and 422 of the Administrator Code View More

Fair Market Value. As as of any date, the value of Common Stock determined determined, as follows: (i) If the Common Stock is listed on any established stock exchange or a national market system, including including, without limitation limitation, the New York Stock Exchange, the Nasdaq National Global Select Market, the Nasdaq Global Market or The the Nasdaq SmallCap Capital Market of The Nasdaq Stock Market, its Fair Market Value shall will be the closing sales price for such stock (or the closing bid, if no... sales were reported) as quoted on such exchange or system on the day of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; (ii) If the Common Stock is regularly quoted by a recognized securities dealer but selling prices are not reported, the Fair Market Value of a Share of Common Stock shall will be the mean between the high bid and low asked prices for the Common Stock on the last market trading day date of determination (or, if no bids and asks were reported on that date, as applicable, on the day of determination, last trading date such bids and asks were reported), as reported in The Wall Street Journal or such other source as the Administrator deems reliable; or (iii) In the absence of an established market for the Common Stock, the Fair Market Value shall will be determined in good faith by the Administrator View More

Fair Market Value. As of the Common Stock, on any date, the value of Common Stock determined as follows: means: (i) If if the Common Stock is listed or traded on any established stock exchange or a national market system, including without limitation the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its Fair Market Value shall be Exchange, the closing sales price for such stock Common Stock (or the closing bid, if no sales were reported) as quoted on such exchange or system on Exchange (or the Exchange with the greatest volume of trading in the Common Stock) for the last market trading day prior to the day of determination, as reported in The Wall Street Journal by Bloomberg L.P. or such other source as the Administrator Committee deems reliable; (ii) If if the Common Stock is quoted on the over-the-counter market or is regularly quoted by a recognized securities dealer dealer, but selling prices are not reported, the Fair Market Value of a Share of the Common Stock shall be the mean between the high bid and low asked prices for the Common Stock on the last market trading day on prior to the day of determination, as reported in The Wall Street Journal by Bloomberg L.P. or such other source as the Administrator Committee deems reliable; reliable, or (iii) In in the absence of an established market for the Common Stock, the Fair Market Value shall be determined by such other method as the Committee determines in good faith by the Administrator to be reasonable and in compliance with Code Section 409A. View More

Fair Market Value. As as of any date, the value of Common Stock determined as follows: (i) If if the Common Stock is listed on any established stock exchange or a national market system, including without limitation the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its the Fair Market Value of a Share of Common Stock shall be the closing sales price for such stock (or the closing bid, if no sales were reported) of a Share of Common Stock as quoted on such exchange or system for... such date (or the most recent trading day preceding such date if there were no trades on the day of determination, such date), as reported in The Wall Street Journal or such other source as the Administrator Committee deems reliable; (ii) If if the Common Stock is regularly quoted by a recognized securities dealer but selling prices are is not reported, listed in the manner contemplated by clause (i) above, the Fair Market Value of a Share of Common Stock shall be the mean between the high bid and low asked prices for the Common Stock on for such date (or the last market most recent trading day preceding such date if there were no trades on the day of determination, such date), as reported in The Wall Street Journal or such other source as the Administrator Committee deems reliable; or (iii) In the absence of an established market for the Common Stock, if neither clause (i) above nor clause (ii) above applies, the Fair Market Value shall be determined in good faith by the Administrator based on the reasonable application of a reasonable valuation method View More

Fair Market Value. As as of any date, the value of Common Stock the common stock of the Company determined as follows: (i) follows (and in each case prior to the Listing Date, in a manner consistent with Section 260.140.50 of Title 10 of the California Code of Regulations). (1) If the Common Stock common stock is listed on any established stock exchange or a national market system, including without limitation traded on the Nasdaq National Market or The the Nasdaq SmallCap Market of The Nasdaq Stock Market, its the Fair Market Value of a share of common stock shall be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or system market (or the exchange or market with the greatest volume of trading in the Company's common stock) on the day of determination (the most recent day prior to the day of determination, if the day of determination is not a day on which reported sales and bids occurred), as reported in The Wall Street Journal or such other source as the Administrator Board deems reliable; (ii) If the Common Stock is regularly quoted by a recognized securities dealer but selling prices are not reported, the Fair Market Value of a Share of Common Stock shall be the mean between the high bid and low asked prices for the Common Stock on the last market trading day on the day of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; or (iii) reliable. (2) In the absence of an established market such markets for the Common Stock, common stock, the Fair Market Value shall be determined in good faith by the Administrator Board or any Committee to which responsibility for administration of the Plan has been delegated pursuant to Article I, subsection 3(c). View More

Fair Market Value. As of any date, the value of Common Stock determined as follows: (i) If the Common Stock is listed on any one or more established stock exchange exchanges or a national market system, systems, including without limitation the The Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its Fair Market Value shall be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such the principal exchange or system on which the day Common Stock is listed (as determined by the Administrator) on the date of determination, determination (or, if no closing sales price or closing bid was reported on that date, as applicable, on the last trading date such closing sales price or closing bid was reported), as reported in The Wall Street Journal or such other source as the Administrator deems reliable; (ii) If the Common Stock is regularly quoted on an automated quotation system (including the OTC Bulletin Board) or by a recognized securities dealer dealer, its Fair Market Value shall be the closing sales price for such stock as quoted on such system on the date of determination, but if selling prices are not reported, the Fair Market Value of a Share share of Common Stock shall be the mean between the high bid and low asked prices for the Common Stock on the last market trading day date of determination (or, if no such prices were reported on that date, on the day of determination, last date such prices were reported), as reported in The Wall Street Journal or such other source as the Administrator deems reliable; or (iii) In the absence of an established market for the Common Stock, Stock of the type described in (i) and (ii), above, the Fair Market Value thereof shall be determined in good faith by the Administrator in good faith. View More

Fair Market Value. As means, as of any date, the value of Common Stock determined as follows: (i) (1) If the Common Stock is listed on any one or more established stock exchange exchanges or a national market system, systems, including without limitation the The Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its Fair Market Value shall be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such the principal exchange or system on which the day Common Stock is listed (as determined by the Administrator) on the date of determination, determination (or, if no closing sales price or closing bid was reported on that date, as applicable, on the last trading date such closing sales price or closing bid was reported), as reported in The Wall Street Journal or such other source as the Administrator deems reliable; (ii) (2) If the Common Stock is regularly quoted on an automated quotation system (including the OTC Bulletin Board) or by a recognized securities dealer, its Fair Market Value shall be the closing sales price for such stock as quoted on such system or by such securities dealer on the date of determination, but if selling prices are not reported, the Fair Market Value of a Share share of Common Stock shall be the mean between the high bid and low asked prices for the Common Stock on the last market trading day date of determination (or, if no such prices were reported on that date, on the day of determination, last date such prices were reported), as reported in The Wall Street Journal or such other source as the Administrator deems reliable; or (iii) (3) In the absence of an established market for the Common Stock, Stock of the type described in (1) and (2), above, the Fair Market Value thereof shall be determined in good faith by the Administrator in good faith. View More