Fair Market Value Definition Example with 237 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, 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 price for such stock (or the closing bid, if no sales were reported) reported), as quoted on such system or exchange, or the exchange or system on with the greatest volume of trading in Common Stock 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 quoted on the Nasdaq System (but not on the National Market thereof) or 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 for the last market trading day on prior to the day time 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 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 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 means, as of any date, date and unless the Administrator determines otherwise, 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 New York Stock Exchange, 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 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 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 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 thereof will be determined in good faith by the Administrator Administrator; or (iv) For purposes of the Offering Date of the first Offering Period under the Plan, the Fair Market Value will be the initial price to the public as set forth in the final prospectus included within the registration statement on Form S-1 filed with the Securities and Exchange Commission for the initial public offering of the Common Stock (the "Registration Statement") 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 the Common Stock is listed on any established stock exchange or a national market system, including without limitation the New York Stock Exchange, 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 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 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 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 thereof will be determined in good faith by the Administrator Administrator; or (iv) For purposes of the Offering Date of the first Offering Period under the Plan, the Fair Market Value will be the initial price to the public as set forth in the final prospectus included within the registration statement on Form S-1 filed with the Securities and Exchange Commission for the initial public offering of the Common Stock (the 'Registration Statement') View More

Fair Market Value. As of any date, shall mean the value of the Common Stock on any given date of determination, 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 The Nasdaq National Market or The Nasdaq SmallCap Small Cap 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 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 regularly quoted by a recognized securities dealer but selling prices are not reported, on the over-the- counter market, its Fair Market Value of a Share of Common Stock shall be the mean between of the high closing bid and low asked prices price for the Common Stock such stock as quoted on such market 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 of the Common Stock 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 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, determination (or the next day on which sales were reported if none were reported on such date), 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 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 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; reliable, or if no sales occurred on such date, then on the date immediately prior to such date on which sales prices are reported; (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 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 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 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 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 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, last trading date such bids and asks were reported), 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 will be determined in good faith by the Administrator Administrator. View More

Fair Market Value. As as of any date, the value of a share of Common Stock determined as follows: (i) If the Common Stock is listed on any established stock exchange or a national market system, including including, without limitation 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 a share of 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 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 last sales price for a share of 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 Board 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 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 date of determination, determination (or,... if no closing sales price or closing bid was reported on that date, as applicable, on the last trading date such closing sales price or closing bid was reported), as reported in The Wall Street Journal or such other source as the Administrator deems reliable; (ii) If the Common Stock is regularly quoted on an automated quotation system (including the OTC Bulletin Board) or by a recognized securities dealer dealer, but selling prices are not reported, the Fair Market Value of a Share 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 date of determination (or, if no such prices were reported on that date, on the day of determination, last date such prices were reported), 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, Stock of the type described in (i) and (ii), above, the Fair Market Value thereof shall be determined in good faith by the Administrator in good faith. View More