Fair Market Value Definition Example with 237 Variations
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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 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 be of a share of Common Stock as of any date of determination will be, unless otherwise determined by the Board, 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 a source as the Administrator Board deems reliable; reliable. (ii) If 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 selling 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 quotation exists. (iii) 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 and in a manner that complies with Sections 409A and 422 of the Administrator Code. 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 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 date 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 will 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 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; View More
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 The Nasdaq National Global Select Market, The Nasdaq Global 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 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
Fair Market Value. As as of any date, the value of the Common Stock determined as follows: 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 Global Select Market, The Nasdaq Global Market, or The Nasdaq SmallCap Capital Market of The 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 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 application of a reasonable valuation method consistently applied and taking into consideration all available information material to the Administrator value of the Company in a manner in compliance with Section 409A, or in the case of an Incentive Stock Option, in a manner in compliance with Section 422 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 including, without limitation 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 its Fair Market Value of a Share of Common Stock shall will be the mean between average of 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 be its fair market value as determined in good faith by the Administrator applying principles consistent with Section 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 New York Stock Exchange, or 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 determination (or, if there is no reported in The Wall Street Journal or sale on such other source as date, on the Administrator deems reliable; last preceding date on which any reported sale occurred); (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; or (iii) In the absence of an established market for the Common Stock, the Fair Market Value shall of a Share will be determined in good faith by the Administrator in a manner intended to avoid adverse tax consequences under Section 409A of the Code 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 NYSE Amex, Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its or any successor to any of them, 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; reliable, including without limitation, Yahoo! Finance; (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; 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, 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 NYSE Amex, Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its or any successor to any of them, 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; reliable, including without limitation, Yahoo! Finance; (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; 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, 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 Global Market or The the Nasdaq SmallCap Capital Market of The Nasdaq Stock Market, its Fair Market Value 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 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 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; 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 of a share of Common Stock 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 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 by the Administrator in good faith by the AdministratorView More
