Fair Market Value Definition Example with 237 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. As of any date, the value of Common Stock determined as follows: (i) 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 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 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 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) In the absence of an established market for the Common Stock, the Fair Market Value shall be determined in good faith by the Administrator View More

Variations

Fair Market Value. As as of any date, the value of Common Stock determined as follows: (i) If the Common Stock is listed on any established stock exchange or a national market system, including without limitation the Nasdaq National Global Market, the Nasdaq Global Select Market or The the Nasdaq SmallCap Market of The Nasdaq Stock Capital 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 exchange or system on for the last market trading day prior to the time 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 its 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 prior to the day of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; determination; or (iii) In the absence of an established market for the Common Stock, the Fair Market Value thereof shall be determined in good faith by the Administrator View More
Fair Market Value. As as of any date, the value of the Common Stock determined as follows: (i) (a) 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 the Nasdaq SmallCap Small Market of The 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 exchange or system for the last market trading day on the day date of such determination, as reported in The Wall Street Journal or such other source as the Administrator Committee deems reliable; (ii) or (b) If the Common Stock is regularly quoted by a recognized securities dealer but selling prices are not reported, the its Fair Market Value of a Share of Common Stock shall be the mean between of the high closing bid and low asked prices for the Common Stock such stock on the last market trading day on the day date of such determination, as reported in The Wall Street Journal or such other source as the Administrator Committee deems reliable; or (iii) (c) In the absence of an established market for the Common Stock, the Fair Market Value shall be determined in good faith by the Administrator Committee View More
Fair Market Value. As as of any date, the value of the Common Stock determined as follows: (i) If the Common Stock is 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 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 Common Stock) on the day date of determination, as reported in The Wall Street Journal or such other source as the Administrator Board deems reliable; (ii) If reliable. Unless otherwise provided by the Common Stock Board, if there 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 no closing sales price for the Common Stock on the last market trading day date of determination, then the Fair Market Value shall be the closing selling price (or closing bid if no sales were reported) on the day of determination, as reported in The Wall Street Journal or last preceding date for which such other source as the Administrator deems reliable; or (iii) quotation exists. (ii) In the absence of an established market such markets for the Common Stock, the Fair Market Value shall be determined by the Board in good faith by the Administrator faith. View More
Fair Market Value. As as of any date, the value of the Common Stock determined as follows: (i) If the 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 Common Stock) on the last market trading day prior to the day of determination, as reported in The Wall Street Journal or such other source as the Administrator Board deems reliable; 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) In the absence of an established market such markets for the Common Stock, the Fair Market Value shall be determined in good faith by the Administrator Board View More
Fair Market Value. As means, as of any date, the value of the Common Stock determined as follows: (i) If the Common Stock is listed on any established stock exchange or a national market system, including without limitation traded on the Nasdaq National Global Select Market, Nasdaq Global Market or The the Nasdaq SmallCap Market of The Nasdaq Stock Capital Market, its the Fair Market Value of a share of Common Stock, unless otherwise determined by the Board, 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 Common Stock) on the day of determination, as reported in The Wall Street Journal or determination (or if such other source as the Administrator deems reliable; (ii) If the Common Stock is regularly quoted by day of determination does not fall on 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 market trading day, then the last market trading day on prior to the day of determination, determination), as reported in The Wall Street Journal or such other a source as the Administrator Board deems reliable; or (iii) reliable. (ii) In the absence of an established market such markets for the Common Stock, the Fair Market Value shall be determined in good faith by the Administrator Board and in a manner that complies with Sections 409A and 422 of the Code. View More
Fair Market Value. As as of any date, the value of Common Stock 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 Global Market, the Nasdaq Global Select Market or The the Nasdaq SmallCap Market of The Nasdaq Stock Capital Market, its Fair Market Value shall be the closing sales price for such stock (or the closing bid, (or, if no closing sales were price was... reported on that date, as applicable, on the last trading date such closing sales price was 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 Ordinary Shares are regularly quoted by a recognized securities dealer but selling prices are not reported, the its 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 Ordinary Shares on the day of determination, determination (or, if no bids and asks were reported on that date, as reported in The Wall Street Journal or applicable, on the last trading date such other source as the Administrator deems reliable; bids and asks were reported); or (iii) In the absence of an established market for the Common Stock, Ordinary Shares, the Fair Market Value thereof shall be determined in good faith by the Administrator Administrator. View More
Fair Market Value. As as of any date, the value of Common Stock determined as follows: (i) 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 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 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 its 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 determination; or such other source as the Administrator deems reliable; or -2- (iii) In the absence of an established market for the Common Stock, the Fair Market Value thereof shall be determined in good faith by the Administrator View More
Fair Market Value. As means, as of any date, date and unless the Administrator determines otherwise, the value of Common Stock determined as follows: (i) If the Common Stock is listed on any established stock exchange or a national market system, including without limitation the Nasdaq National NASDAQ Global Select Market, the NASDAQ Global Market or The Nasdaq SmallCap the NASDAQ Capital Market of The Nasdaq 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 date of determination, determination (or the closing bid, if no sales were 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 by a recognized securities dealer but selling prices are not reported, the its 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 the day date 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, the Fair Market Value shall thereof will be determined in good faith by the Administrator Administrator; or (iv) For purposes of the Enrollment Date of the first Offering Period under the Plan, the Fair Market Value will be the initial price to the public as set forth in the final prospectus included within the registration statement on Form S-1 filed with the Securities and Exchange Commission for the initial public offering of the Common Stock (the 'Registration Statement') View More
Fair Market Value. As of any date, the value of Common Stock a security, as determined as follows: (i) in good faith by the Board. If the Common Stock security is listed on any established stock exchange or a national market system, including without limitation traded on the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq New York Stock Market, its Exchange, 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 the exchange or system market with the greatest volume of trading in the Common Stock) on the day of determination, last Trading Day prior to the relevant determination date, 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) In the absence of an established market for the Common Stock, the Fair Market Value shall be determined in good faith by the Administrator reliable View More
Fair Market Value. As as of any date, date and unless the Administrator determines otherwise, the value of Common Stock determined as follows: (i) If the Common Stock is listed on any established stock exchange or a national market system, including without limitation the New York Stock Exchange, the Nasdaq National Global Market, the Nasdaq Global Select Market or The the Nasdaq SmallCap Market of The Nasdaq Stock Capital 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 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 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 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, the Fair Market Value shall will be determined in good faith by the Administrator. (iv) Notwithstanding the preceding, for federal, state, and local income tax reporting purposes and for such other purposes as the Administrator deems appropriate, the Fair Market Value shall be determined by the Administrator in accordance with uniform and nondiscriminatory standards adopted by it from time to time View More
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