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 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 a share of Common 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, or if no prices are quoted on such date, 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 Committee 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 any such established market markets 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 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 a share of Common 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 Committee 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 any such established market markets 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, date and unless the Administrator determines otherwise, 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 NASDAQ SmallCap 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 for 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 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 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. 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 View More
Fair Market Value. As means, as of any date, the value of Common Stock determined as follows: (i) 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 System of The Nasdaq Stock Market, its the National Association of Securities Dealers, Inc. Automated Quotation ("NASDAQ") System, 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 system or exchange or system (or the exchange with the greatest volume of trading in Common Stock) on the last market trading day prior to the day of determination, as reported in The the Wall Street Journal or such other source as the Administrator deems reliable; (ii) ii. If the Common Stock is quoted on the NASDAQ Systems (but not on the National Market System thereof) or 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 prior to the day of determination, as reported in The the Wall Street Journal or such other source as the Administrator deems reliable; or (iii) 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 Administrator. 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 Market or The Nasdaq SmallCap Market of The Nasdaq Stock Global Select 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 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 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 Nasdaq SmallCap Market of The Nasdaq Stock Global Select 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 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 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 Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, the National Association of Securities Dealers, Inc. Automated Quotation ("NASDAQ") System, 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 Board deems reliable; (ii) or (2) If the Common Stock is quoted on the NASDAQ System (but not on the National Market thereof) or 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) (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 Board. (4) For purposes of the Enrollment Date of the first Offering Period, the Fair Market Value of the Common Stock shall be the Price to Public as set forth in the final prospectus filed with the Securities and Exchange Commission pursuant to Rule 424 under the Securities Act of 1933, as amended 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 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 by The Wall Street Journal Nasdaq Stock Market 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 shall mean, 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 Nasdaq or the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq New York 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 date of determination,... as reported in The Wall Street Journal or such other source as the Administrator Board deems reliable; reliable. If the Exercise Date falls on a weekend, holiday or other day when no closing sale price has been reported, the Fair Market Value will be the most previously reported closing price; (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 4 (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; or (iv) For purposes of the Grant Date of the first Offering Period under the Plan, the Fair Market Value shall 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 (the "Registration Statement") View More
Fair Market Value. 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 trades on the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its Fair Market Value shall be the most recent closing sales price for such stock (or the closing bid, if no sales were reported) reported), as quoted on such exchange or system on (or the day exchange or... system with the greatest volume of determination, trading in the Common Stock) as of the time of such 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) (2) If the Common Stock is not listed on any established stock exchange or traded on the Nasdaq National Market its Fair Market Value shall be the mean between the most recent closing high and low asked prices for the Common Stock as of the time of such determination, as reported in the Wall Street Journal or such other source as the Administrator deems reliable; or (3) In the absence of an established market for the Common Stock, the Fair Market Value of the Common Stock shall be determined in good faith by the Administrator View More
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