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 AdministratorView More
Fair Market Value. As shall mean, 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 Market Global Market, the Nasdaq Global Select 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 the day date of determination, 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 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 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 Board deems reliable; 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 Board. 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 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 on the day of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; (iii) For purposes of any Awards granted on the Registration Date, the Fair Market Value will be the initial price to the public as set forth in the final prospectus included within the registration statement in Form S-1 filed with the Securities and Exchange Commission for the initial public offering of the Company's Common Stock; or (iii) (iv) 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 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 including, without limitation 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 per share 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 quoted by such recognized securities dealer 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 its Fair Market Value shall be determined determined, in good faith faith, by the 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 including, without limitation 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 per share 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 quoted by such recognized securities dealer 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 its Fair Market Value shall be determined determined, in good faith faith, by the 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 Global Select Market, the Nasdaq Global Market or The the Nasdaq SmallCap Capital Market of The Nasdaq Stock Market, or the New York Stock Exchange, its Fair Market Value shall will 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 Day 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 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 of determination (or, if no bids and asks were reported on that date, as applicable, on the day of determination, last Trading Day 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. In addition, for purposes of determining the fair market value of shares for any reason other than the determination of the exercise price of Options or Stock Appreciation Rights, fair market value will be determined by the Administrator in a manner compliant with Applicable Laws and applied consistently for such purpose. The determination of fair market value for purposes of tax withholding may be made in the Administrator's discretion subject to Applicable Laws and is not required to be consistent with the determination of Fair Market Value for other purposes 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 Global Select Market, Nasdaq Global Market or The Nasdaq SmallCap Capital Market of The Nasdaq Stock Market, Market or the New York Stock Exchange, its Fair Market Value shall will be the closing sales price for such stock (or (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 by 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 the day of determination, determination (or the closing bid, if no sales were reported), as reported in The Wall Street Journal or by 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. If the Fair Market Value is to be determined under subsection (i) or (ii) above and the determination date for the Fair Market Value occurs on a day other than a Trading Day, the Fair Market Value will be the price as determined under subsection (i) or (ii) above, as applicable, on the immediately preceding Trading Day, unless otherwise determined by the Administrator. In addition, for purposes of determining the fair market value of shares for any reason other than the determination of the exercise price of Options or Stock Appreciation Rights, fair market value will be determined by the Administrator in a manner compliant with Applicable Laws and applied consistently for such purpose. Note that the determination of fair market value for purposes of withholding Tax-Related Items may be made in the Administrator's sole discretion subject to Applicable Laws and is not required to be consistent with the determination of Fair Market Value for other purposes 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 Global Select Market, the Nasdaq SmallCap Global Market, the Nasdaq Capital Market of The Nasdaq Stock Market, Market or the New York Stock Exchange, its Fair Market Value shall will be the closing sales price for such stock (or the closing bid, (or, if no closing sales ... class="diff-color-red">were price was reported on that date, as applicable, on the last Trading Day 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 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 of determination (or, if no bids and asks were reported on that date, as applicable, on the day of determination, last Trading Day 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 Administrator. The determination of fair market value for purposes of withholding Tax-Related Items may be made in the Administrator's discretion subject to Applicable Laws and is not required to be consistent with the determination of Fair Market Value described above or for other purposes 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 shall of a share of Common Stock will be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or ... class="diff-color-red">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 will be the closing sales price 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 will be determined by the Board in good faith by in compliance with Applicable Laws and regulations and, to the Administrator extent applicable as determined in the sole discretion of the Board, in a manner that complies with Sections 409A of the Code 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 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 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 of determination (or, if no bids and asks were reported on that date, as applicable, on the day of determination, as reported in The Wall Street Journal or 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, 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 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 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 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 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 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
