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 (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, date in question, 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 by the Board in good faith by the Administrator 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 (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 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 by the Board in good faith by the Administrator faith. 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 (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 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. (iii) Prior to the Listing Date, the value of the Common Stock shall be determined in a manner consistent with Section 260.140.50 of Title 10 of the California Code of Regulations View More
Fair Market Value. As as of any date, the value of the 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 traded on the Nasdaq NASDAQ National Market System or The Nasdaq 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 The Wall Street Journal or such other source as the Administrator Board deems reliable; and (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 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 Market, its over-the-counter market, 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 date of determination, grant, as reported in The Wall Street Journal or such other source as the Administrator Board deems reliable; and (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, trading on such markets, 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 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 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, determination (or... if such date is not a trading date, on the previous trading date), 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 thereof shall be determined in good faith by the Administrator 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 the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq New York Stock Market, 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) reported as quoted on such exchange or system on for the last market... trading day prior to the date of determination, as reported in The Wall Street Journal or such other source as the Administrator Committee 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 date prior to the day date of determination, determination as reported in The Wall Street Journal or such other source as the Administrator Committee deems reliable; (iii) If the Common Stock is not listed on any established stock exchange or (iii) a national market system, the average of the high and low bid quotations for the Common Stock on that date prior to the date of determination as reported by the National Quotation Bureau Incorporated; or (iv) 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 Committee 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 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 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 the Common Stock is regularly quoted by not then listed or admitted to trading on a recognized securities dealer but selling prices are not reported, stock exchange or a Nasdaq market system which reports closing sale prices, the Fair Market Value of a Share of Common Stock shall be the mean between average of the high closing bid and low asked prices for of the Common Stock in the over-the-counter market 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 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 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 fair market value 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 Fair Market Value of a Share of Common Stock shall its fair market value 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 fair market value thereof 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 without limitation the Nasdaq National Global Market, the Nasdaq Global Select Market or The the Nasdaq SmallCap Capital Market of The Nasdaq Stock Market, its Fair Market Value shall fair market value 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 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 Board 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 its fair market value 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 were reported); or (iii) In the absence of an established market for the Common Stock, the Fair Market Value shall fair market value thereof will be determined in good faith by the Administrator Board View More
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