This example Fair Market Value definition appears in
4 contracts
from
1 company
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 traded on the Nasdaq National Market or the Nasdaq SmallCap 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 date of 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) In the absence of an established market for the Common Stock, the Fair Market Value thereof shall be determined in good faith by the AdministratorView More