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 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 day of determination, as reported in The Wall Street... Journal or such other source as the Administrator deems reliable; -2- (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 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
Fair Market Value. As as of any date, the value of Class A Senior Common Stock determined as follows: (i) If the Class A Senior 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 day of determination, as... reported in The Wall Street Journal or such other source as the Administrator deems reliable; (ii) If the Class A Senior 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 Class A Senior 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 Class A Senior 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 traded on any established market, the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its Fair Market Value shall of a share of Common Stock will be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or ... class="diff-color-red">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 will be the closing sales 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 (iii) quotation exists. (ii) 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 in compliance with applicable laws. (iii) Notwithstanding the Administrator foregoing, for any Offering that commences on the IPO Date, the Fair Market Value of the shares of Common Stock on the Offering Date will 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
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 shall of a share of Common Stock will be the closing sales price for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or ... class="diff-color-red">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 will be the closing sales 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 (iii) quotation exists. (ii) 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 in compliance with applicable laws and in a manner that complies with Sections 409A of the Administrator Code 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 day of determination, date in question, 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 no closing sales price (or closing bid and low asked prices if no sales were reported) for the Common Stock on the last market trading day date in question, then the Fair Market Value shall be the closing sales 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 the Administrator faith. View More
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 the limitation, The New York Stock Exchange, The Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its the Fair Market Value shall be the closing sales price for such stock the 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 Wall Street Journal or such other source as the Administrator 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 be the mean between of 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 any other source as the Administrator deems reliable; or (iii) In in the absence of an established market for the Common Stock, Shares, the Fair Market Value thereof shall be determined in good faith by the Administrator in accordance with Applicable Law. 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 limitation, the Nasdaq National Market or The Nasdaq SmallCap Market 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 are 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) 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 dealers 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 journal or such other source as the Administrator deems reliable; or (iii) In the absence of an any 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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