Fair Market Value Definition Example

This example Fair Market Value definition appears in 2 contracts from 1 company

Fair Market Value. As of any date, the value of the Class A Common Stock determined as follows: (i) If the Class A Common Stock is listed on any established stock exchange or traded on the Nasdaq National Market or the Nasdaq SmallCap Market, the Fair Market Value of a share of Class A 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 market (or the exchange or market with the greatest volume of trading in the Class A 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 Board deems reliable. (ii) In the absence of such markets for the Class A Common Stock, the Fair Market Value shall be determined by the Board based upon an independent appraisal in compliance with Section 409A of the Code or, in the case of an Incentive Stock Option, in compliance with Section 422 of the Code View More
LEAPFROG ENTERPRISES INC Contracts

LEAPFROG ENTERPRISES, INC. 2002NON-EMPLOYEE DIRECTORS STOCK AWARD PLAN Adopted: July 2, 2002 Approved By Stockholders: July 19, 2002 (Filed With SEC on August 4, 2009)

LEAPFROG ENTERPRISES, INC. 2002NON-EMPLOYEE DIRECTORS STOCK AWARD PLAN Adopted: July 2, 2002 Approved By Stockholders: July 19, 2002 (Filed With SEC on July 17, 2006)

All Definitions