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 a Share determined as follows: (i) If the Common Stock is 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, 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 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 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 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, Shares, the Fair Market Value 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 if the Common Stock is listed on any established stock exchange or a national market system, including without limitation the Nasdaq NASDAQ National Market or The Nasdaq SmallCap Market of The Nasdaq Stock the NASDAQ Capital Market, its the Fair Market Value of a Share shall be the closing sales price for such stock of a Share (or the closing bid, if no such sales were reported) as quoted on such exchange or system on for 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 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 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 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 if the Common Stock is listed on any established stock exchange or a national market system, including without limitation the Nasdaq NASDAQ National Market or The Nasdaq SmallCap Market of The Nasdaq Stock the NASDAQ Capital Market, its the Fair Market Value of a Share shall be the closing sales price for such stock of a Share (or the closing bid, if no such sales were reported) as quoted on such exchange or system on for 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 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 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 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, 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 Administrator. View More
Fair Market Value. As as of any date, the value of Common Stock a Share determined as follows: (i) (a) If the Common Stock is 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, its Fair Market Value shall be the closing sales price for such stock Share (or the closing bid, if no sales were reported) as quoted on such exchange or system on the day of, or 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 of Directors deems reliable; (ii) (b) If the Common Stock Company's common stock is regularly quoted by a recognized securities dealer but selling prices are not reported, the Fair Market Value of a the Share of Common Stock shall be the mean between the high bid and low asked prices for the Common Stock Company's common stock on the day of, or 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 Board of Directors deems reliable; or (iii) (c) In the absence of an established market for the Common Stock, Company's common stock, the Fair Market Value shall be determined in good faith by the Administrator Board of Directors View More
Fair Market Value. As shall mean, as of any date, the value of Common Stock determined as follows: (i) (1) 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 be the closing sales sale price for such stock the Common Stock (or the mean of the closing bid, bid... and asked prices, if no sales were reported) reported), as quoted on such exchange (or the exchange with the greatest volume of trading in Common Stock) or system on the day date of such determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; (ii) reliable, or; (2) 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 such determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; or (iii) reliable, or; (3) 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 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 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 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 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 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 are reported); 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
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 for the last... market trading day on or before 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 or before 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
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 Global Select Market, the Nasdaq Global Market or The the Nasdaq SmallCap Capital 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 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 such 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 estab­lished stock exchange or a national market system, including without limitation the Nasdaq National Global 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 for the last market trading day on or before... 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 or before 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
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