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
Found in Nuance Communications, Inc. contract

Variations

Fair Market Value. As means, as of any date, the value of Common Stock the Shares determined as follows: (i) If if the Common Stock is Shares are listed on any established stock exchange or a national market system, including including, without limitation limitation, the Nasdaq National Global Select Market, the Nasdaq Global Market or The the Nasdaq SmallCap Capital Market of The the Nasdaq Stock Market, its the Fair Market Value shall of the Shares 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 the day of determination, as reported in The the Wall Street Journal or such other source as the Administrator Committee deems reliable; (ii) If if the Common Stock is 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 the Shares will be the mean between the high bid and low asked prices for the Common Stock on the last market trading day Shares on the day of determination, as reported in The the Wall Street Journal or such other source as the Administrator Committee deems reliable; or (iii) In in the absence of an established a public market for the Common Stock, Shares, the Fair Market Value shall of the Shares will be as determined in good faith by the Administrator Committee, and such determination shall be conclusive and binding on all persons. View More
Found in GREENLIGHT CAPITAL RE, LTD. contract
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 date 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 3 (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. View More
Found in Limelight Networks, Inc. contract
Fair Market Value. As means, 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 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 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 Administrator. View More
Found in Cornerstone OnDemand Inc contract
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 Nasdaq National New York Stock Exchange, 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 date 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 thereof will be determined in good faith by the Administrator View More
Found in NanoString Technologies Inc contract
Fair Market Value. As means, 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 the Nasdaq SmallCap 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 on the day of determination, as reported in by... Nasdaq, The Wall Street Journal Journal, or such other source as the Administrator deems reliable; (ii) If if the Common Stock is regularly quoted by a recognized securities dealer in an inter-dealer quotation medium, 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 by such inter-dealer quotation medium, The Wall Street Journal Journal, or such other source as the Administrator deems reliable; or (iii) In in the absence of an established market for the Common Stock, the Fair Market Value shall be determined in good faith by the Administrator Administrator. View More
Found in Omnitek Engineering Corp contract
Fair Market Value. As means, 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 Nasdaq National The NASDAQ Global Select Market, The NASDAQ Global Market or The Nasdaq SmallCap NASDAQ Capital Market of The Nasdaq NASDAQ Stock Market, Market LLC, 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, 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) 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 by the Administrator in good faith by the Administrator and in a manner consistent with Applicable Laws. View More
Found in 2 Contracts from 2 Companies
Fair Market Value. As means, 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 Nasdaq National The NASDAQ Global Select Market, The NASDAQ Global Market or The Nasdaq SmallCap NASDAQ Capital Market of The Nasdaq NASDAQ Stock Market, Market LLC, 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, 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) 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
Found in Vitality Biopharma, Inc. contract
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 faith. (iii) Notwithstanding the Administrator foregoing, for any Offering that commences on the IPO Date, the Fair Market Value of the shares of Common Stock at the time when the Offering commences shall be the price per share at which shares are first sold to the public in the Company's initial public offering as specified in the final prospectus for that initial public offering. View More
Found in Enphase Energy, Inc. contract
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 TSX Venture Exchange, the Nasdaq National Market Global Market, the Nasdaq Global Select Market, or The Nasdaq SmallCap Capital 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 immediately prior to the day 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 not listed on a stock exchange referred to in subsection (i) immediately above and 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 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
Found in Vuzix Corp contract
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 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 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 Administrator, calculated in a manner consistent with Section 409A of the Code. View More
Found in Clovis Oncology, Inc. contract
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