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 shall mean, as of any date, the value of Common Stock determined as follows: (i) (1) If the Common Stock is listed on an 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, 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) as reported), an quoted on an 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) reliable, or; (2) If the Common Stock is quoted on the NASDAQ system (but not on the National Market System 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 market value 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 an the Administrator deems reliable; or (iii) Board dooms 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 Board. (4) For purposes of the Enrollment Date under the first Offering Period under the Plan, 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 shall mean, as of any date, the value of Common Stock determined as follows: (i) (1) If the Common Stock is listed on an 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, 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) as reported), an quoted on an 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) reliable, or; (2) If the Common Stock is quoted on the NASDAQ system (but not on the National Market System 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 market value 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 an the Administrator deems reliable; or (iii) Board dooms 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 Board. (4) For purposes of the Enrollment Date under the first Offering Period under the Plan, 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 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 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 the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its 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 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 on the day of determination, as reported in The Wall Street Journal or then the Fair Market Value shall be the closing sales price on the last preceding day for which such other source as the Administrator deems reliable; or quotation exists. (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 Board. View More
Fair Market Value. As as of any date, the value of a share 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 Global Market or The Nasdaq SmallCap Market of The Nasdaq Stock Global Select Market, its Fair Market Value shall be the closing sales price for such stock (or the closing bid, if no sales were reported) Common Stock as quoted on such exchange or system on the day date... of determination, or if the Shares are not trading on such date, then the closing price for the Common Stock on the last preceding trading day on which sales of the Shares are reported as having occurred, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; (ii) 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 closing high bid and low asked prices for the Common Stock on the date of determination, or if no prices are quoted for such date, then the mean between the closing high bid and low asked prices on the last market preceding trading day on the day of determination, which any bid and asked prices were quoted, as reported in 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 View More
Fair Market Value. As as of any date, the value of a share 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 Global Market or The Nasdaq SmallCap Market of The Nasdaq Stock Global Select Market, its Fair Market Value shall be the closing sales price for such stock (or the closing bid, if no sales were reported) Common Stock as quoted on such exchange or system on the day date... of determination, or if the Shares are not trading on such date, then the closing price for the Common Stock on the last preceding trading day on which sales of the Shares are reported as having occurred, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; (ii) 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 closing high bid and low asked prices for the Common Stock on the date of determination, or if no prices are quoted for such date, then the mean between the closing high bid and low asked prices on the last market preceding trading day on the day of determination, which any bid and asked prices were quoted, as reported in 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 View More
Fair Market Value. As shall mean, as of any date, the value of Common Stock determined as follows: (i) If the (1) 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 Stock's 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 the NASDAQ 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 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 Board 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 Board 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 Market, its the Fair Market Value of a Share 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 such other... exchange or market with the greatest volume of trading in the Common Stock) on the day of determination or, if the day of determination is not a market trading day, then on the last market trading day prior to the day of determination, as reported in The Wall Street Journal such source or such other source sources as the Administrator Board deems reliable; reliable, or (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 means, as of any date, the value of the Common Stock determined as follows: (i) Stock. 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 or The Nasdaq SmallCap Market of The Nasdaq Stock the NASDAQ Small Cap 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 or, if the day of determination is not a market trading day, then 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; (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) reliable. 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 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 or, if the day of determination is not a market trading day, then on the last market trading day prior to the day of determination, as reported in The Wall Street Journal 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
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