Fair Market Value. Of a Share on any date of reference shall be the Closing Price of a share of Common Stock on such date, unless the Committee in its sole discretion shall determine otherwise in a fair and uniform manner. For this purpose, the "Closing Price" of the Common Stock on any business day shall be (i) if the Common Stock is listed or admitted for trading on any United States national securities exchange, or if actual transactions are otherwise reported on a consolidated transaction reporting system,
... the last reported sale price of the Common Stock on such exchange or reporting system, as reported in any newspaper of general circulation; (ii) if the Common Stock is quoted on the National Association of Securities Dealers Automated Quotations System ("NASDAQ"), or any similar system of automated dissemination of quotations of securities prices in common use, the mean between the closing high bid and low asked quotations for such day of the Common Stock on such system; or (iii) if neither clause (i) nor (ii) is applicable, the mean between the high bid and low asked quotations for the Common Stock as reported by the National Quotation Bureau, Incorporated if at least two securities dealers have inserted both bid and asked quotations for the Common Stock on at least five of the 10 preceding days. If the information set forth in clauses (i) through (iii) above is unavailable or inapplicable to the Company (E.G., if the Company's Common Stock is not then publicly traded or quoted), then the "Fair Market Value" of a Share shall be the fair market value (I.E., the price at which a willing seller would sell a Share to a willing buyer when neither is acting under compulsion and when both have reasonable knowledge of all relevant facts) of a share of the Common Stock on the business day immediately preceding such date as the Committee in its sole and absolute discretion shall determine in a fair and uniform manner.
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Fair Market Value.
Of of a Share on any date of reference shall
be mean the
Closing Price "Closing Price" (as defined below) of
a share of the Common Stock on
such date, the business day immediately preceding the date of reference, unless the Committee in its sole discretion shall determine otherwise in a fair and uniform manner. For
this purpose, the purpose of determining Fair Market Value, the "Closing Price" of the Common Stock on any business day shall be (i) if the Common Stock is listed or admitted for
... trading on any United States national securities exchange, or if actual transactions are otherwise reported on a consolidated transaction reporting system, the last reported sale price of the Common Stock on such exchange or reporting system, as reported in any newspaper of general circulation; circulation, (ii) if the Common Stock is quoted on the National Association of Securities Dealers Automated Quotations System ("NASDAQ"), or any similar system of automated dissemination of quotations of securities prices in common use, the last reported sale price of Common Stock on such system or, if sales prices are not reported, the mean between the closing high bid and low asked quotations for such day of the Common Stock on such system; system, as reported in any newspaper of general circulation or (iii) if neither clause (i) nor or (ii) is applicable, the mean between the high bid and low asked quotations for the Common Stock as reported by the National Quotation Bureau, Incorporated if at least two securities dealers have inserted both bid and asked quotations for the Common Stock on at least five of the 10 ten preceding days. If the information set forth in clauses (i) through neither (i), (ii), or (iii) above is unavailable or inapplicable to the Company (E.G., if the Company's Common Stock is not applicable, then publicly traded or quoted), then the "Fair Fair Market Value" of a Share Value shall be the fair market value (I.E., the price at which a willing seller would sell a Share to a willing buyer when neither is acting under compulsion and when both have reasonable knowledge of all relevant facts) of a share of the Common Stock on the business day immediately preceding such date as determined by the Committee in its sole and absolute discretion shall determine in a fair and uniform manner.
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Fair Market Value.
Of of a Share on any date of reference shall be the Closing Price
of a share of Common Stock on
the business day immediately preceding such
date, unless the Committee in its sole discretion shall determine otherwise in a fair and uniform manner. date. For this purpose, the
"Closing Price" Closing Price of the
Common Stock Shares on any business day shall be (i) if the
Common Stock is Shares are listed or admitted for trading on any United States national securities exchange,
or if actual... transactions are otherwise reported on a consolidated transaction reporting system, the last reported sale price of the Common Stock Shares on such exchange or reporting system, exchange, as reported in any newspaper of general circulation; circulation, (ii) if the Common Stock is Shares are quoted on the National Association of Securities Dealers Automated Quotations System ("NASDAQ"), NASDAQ, or any similar system of automated dissemination of quotations of securities prices in common use, the mean between the closing high bid and low asked quotations for such day of the Common Stock Shares on such system; or system, (iii) if neither clause (i) nor or (ii) is applicable, the mean between the high bid and low asked quotations for the Common Stock Shares as reported by the National Daily Quotation Bureau, Incorporated Service if at least two securities dealers have inserted both bid and asked quotations for the Common Stock Shares on at least five of the 10 ten preceding days. business days, or (iv) in lieu of the above, if actual transactions in the Shares are reported on a consolidated transaction reporting system, the last sales price of the Shares on such system. If there is no Closing Price as determined above, the information set forth in clauses (i) through (iii) above is unavailable or inapplicable to the Company (E.G., if the Company's Common Stock is not then publicly traded or quoted), then the "Fair Fair Market Value" of a Share Value shall be the fair market value (I.E., the price at which a willing seller would sell a Share to a willing buyer when neither is acting under compulsion and when both have reasonable knowledge of all relevant facts) of a share of the Common Stock on the business day immediately preceding such date as the Committee in its sole and absolute discretion shall determine in a determined by any fair and uniform manner. reasonable means prescribed by the Committee.
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Fair Market Value.
Of of a Share on any date of reference shall
be mean the
Closing Price fair market value of a
share Share of
the Company's Common Stock on
such that date,
as determined by the Board or the Committee in a fair and uniform manner. If the Company's Common Stock is Publicly-Held, then Fair Market Value shall mean the "Closing Price" (as defined below) of the Common Stock on the business day immediately preceding the date of reference, unless
the Board or the Committee in its sole discretion shall
... determine otherwise in a fair and uniform manner. For this purpose, the purpose of determining Fair Market Value, the "Closing Price" of the Common Stock on any business day shall be (i) if the Common Stock is listed or admitted for trading on any United States national securities exchange, or if actual transactions are otherwise reported on a consolidated transaction reporting system, the last reported sale price of the Common Stock on such exchange or reporting system, as reported in any newspaper of general circulation; circulation, (ii) if the Common Stock is quoted on the National Association of Securities Dealers Automated Quotations System ("NASDAQ"), or any similar system of automated dissemination of quotations of securities prices in common use, the last reported sale price of Common Stock on such system or, if sales prices are not reported, the mean between the closing high bid and low asked quotations for such day of the Common Stock on such system; system, as reported in any newspaper of general circulation or (iii) if neither clause (i) nor or (ii) is applicable, the mean between the high bid and low asked quotations for the Common Stock as reported by the National Quotation Bureau, Incorporated if at least two securities dealers have inserted both bid and asked quotations for the Common Stock on at least five of the 10 ten preceding days. If the information set forth in clauses (i) through (iii) above is unavailable or inapplicable to the Company (E.G., if the Company's Common Stock is not then publicly traded or quoted), then the "Fair Market Value" of a Share shall be the fair market value (I.E., the price at which a willing seller would sell a Share to a willing buyer when neither is acting under compulsion and when both have reasonable knowledge of all relevant facts) of a share of the Common Stock on the business day immediately preceding such date as the Committee in its sole and absolute discretion shall determine in a fair and uniform manner.
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Fair Market Value.
Of of a Share on any date of reference shall be the Closing Price of a share of Common Stock on
the business day on or immediately preceding such date, unless the Committee in its sole discretion shall determine otherwise in a fair
and uniform manner. For this
2 purpose, the "Closing Price" of the Common Stock on any business day shall be (i) if the Common Stock is listed or admitted for trading on any United States national securities
exchange, exchange (including The Nasdaq Stock Market), or
... if actual transactions are otherwise reported on a consolidated transaction reporting system, the last reported sale price of the Common Stock on such exchange or reporting system, as reported in any newspaper of general circulation; circulation, or (ii) if the Common Stock is quoted on the National Association of Securities Dealers Automated Quotations System ("NASDAQ"), or any similar system of automated dissemination of quotations of securities prices in common use, the mean between the closing high bid and low asked quotations for such day of the Common Stock on such system; or (iii) if neither clause (i) nor (ii) is not applicable, the mean between the high bid and low asked quotations for the Common Stock as reported by the National Quotation Bureau, Incorporated Pink Sheets if at least two securities dealers have inserted both bid and asked quotations for the Common Stock on at least five of the 10 ten preceding days. If the information set forth in clauses (i) through (iii) (ii) above is unavailable unavailab le or inapplicable to the Company (E.G., (e.g., if the Company's Common Stock is not then publicly traded or quoted), then the "Fair Market Value" of a Share shall be the fair market value (I.E., (i.e., the price at which a willing seller would sell a Share to a willing buyer when neither is acting under compulsion and when both have reasonable knowledge of all relevant facts) of a share of the Common Stock on the business day immediately preceding such date as the Committee in its sole and absolute discretion shall determine in a fair and uniform manner.
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Fair Market Value.
Of of a Share on any date of reference shall
be mean the
Closing Price "Closing Price" (as defined below) of
a share the Shares on the trading day immediately preceding the date of
Common Stock on such date, reference, unless the Committee
or the Board in its sole discretion shall determine otherwise in a fair and uniform manner. For
this purpose, the purpose of determining Fair Market Value, the "Closing Price" of the
Common Stock shares on any business day shall be (i) if the
Common Stock is Shares are listed or admitted for trading on any United States national securities exchange, or if actual transactions are otherwise reported on a consolidated transaction reporting system, the last reported sale price of the
Common Stock Shares on such exchange or reporting system, as reported in any newspaper of general
circulation; circulation, (ii) if the
Common Stock is Shares are quoted on the National Association of Securities Dealers Automated Quotations System ("NASDAQ"), or any similar system of automated dissemination of quotations of securities prices in common use, the
last reported sale price of the Shares on such system or, if sales prices are not reported, the mean between the closing high bid and low asked quotations for such day of the
Common Stock Shares on such
system; system, as reported in any newspaper of general circulation or (iii) if neither clause (i)
nor or (ii) is applicable, the mean between the high bid and low asked quotations for the
Common Stock Shares as reported by the National Quotation Bureau, Incorporated if at least two securities dealers have inserted both bid and asked quotations for the
Common Stock Shares on at least five of the
10 ten preceding days. If
the information set forth in clauses (i) through neither (i), (ii), or (iii) above is
unavailable or inapplicable to the Company (E.G., if the Company's Common Stock is not applicable, then
publicly traded or quoted), then the "Fair Fair Market
Value" of a Share Value shall be
the fair market value (I.E., the price at which a willing seller would sell a Share to a willing buyer when neither is acting under compulsion and when both have reasonable knowledge of all relevant facts) of a share of the Common Stock on the business day immediately preceding such date as determined by the Committee
in its sole and absolute discretion shall determine or the Board in a fair and uniform manner.
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Fair Market Value.
Of of a Share on any date of reference shall be the Closing Price of a share of Common Stock on
the business day on or immediately preceding such date, unless the Committee in its sole discretion shall determine otherwise in a fair
and uniform manner. For this purpose, the "Closing Price" of the Common Stock on any business day shall be (i) if the Common Stock is listed or admitted for trading on any United States national securities
exchange, exchange (including the National Association of... Securities Dealers Automated Quotation System, NASDAQ), or if actual transactions are otherwise reported on a consolidated transaction reporting system, the last reported sale price of the Common Stock on such exchange or reporting system, as reported in any newspaper of general circulation; circulation,or (ii) if the Common Stock is quoted on the National Association of Securities Dealers Automated Quotations System ("NASDAQ"), or any similar system of automated dissemination of quotations of securities prices in common use, the mean between the closing high bid and low asked quotations for such day of the Common Stock on such system; or (iii) if neither clause (i) nor (ii) is not applicable, the mean between the high bid and low asked quotations for the Common Stock as reported by the National Quotation Bureau, Incorporated if at least two securities dealers have inserted both bid and asked quotations for the Common Stock on at least five of the 10 ten preceding days. If the information set forth in clauses (i) through (iii) (ii) above is unavailable or inapplicable to the Company (E.G., (e.g., if the Company's Common Stock is not then publicly traded or quoted), then the "Fair Market Value" of a Share shall be the fair market value (I.E., (i.e., the price at which a willing seller would sell a Share to a willing buyer when neither is acting under compulsion and when both have reasonable knowledge of all relevant facts) of a share of the Common Stock on the business day immediately preceding such date as the Committee in its sole and absolute discretion shall determine in a fair and uniform manner.
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Fair Market Value.
Of of a Share on any date of reference shall be the Closing Price of a share of Common Stock on
the business day on or immediately preceding such date, unless the Committee in its sole discretion shall determine otherwise in a fair
and uniform manner. For this purpose, the "Closing Price" of the Common Stock on any business day shall be (i) if the Common Stock is listed or admitted for trading on any United States national securities
exchange, exchange (including The Nasdaq Stock Market), or if
... actual transactions are 2 otherwise reported on a consolidated transaction reporting system, the last reported sale price of the Common Stock on such exchange or reporting system, as reported in any newspaper of general circulation; circulation, or (ii) if the Common Stock is quoted on the National Association of Securities Dealers Automated Quotations System ("NASDAQ"), or any similar system of automated dissemination of quotations of securities prices in common use, the mean between the closing high bid and low asked quotations for such day of the Common Stock on such system; or (iii) if neither clause (i) nor (ii) is not applicable, the mean between the high bid and low asked quotations for the Common Stock as reported by the National Quotation Bureau, Incorporated Pink Sheets if at least two securities dealers have inserted both bid and asked quotations for the Common Stock on at least five of the 10 ten preceding days. If the information set forth in clauses (i) through (iii) (ii) above is unavailable or inapplicable to the Company (E.G., (e.g., if the Company's Common Stock is not then publicly traded or quoted), then the "Fair Market Value" of a Share shall be the fair market value (I.E., (i.e., the price at which a willing seller would sell a Share to a willing buyer when neither is acting under compulsion and when both have reasonable knowledge of all relevant facts) of a share of the Common Stock on the business day immediately preceding such date as the Committee in its sole and absolute discretion shall determine in a fair and uniform manner.
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Fair Market Value.
Of a Share of the Common Stock on any date of reference
means shall
be determined in good faith by the Board and may, among other methods, be the Closing Price of
a share the Common Stock preceding the grant date or the average of
the Closing Prices of the Common Stock on
each of the 30 business days immediately preceding such
date, unless the Committee in its sole discretion shall determine otherwise in a fair and uniform manner. date. For this purpose, the
"Closing Price" Closing Price of the
... Common Stock on any business day shall be (i) if the such Common Stock is listed or admitted for trading on any United States national securities exchange, or if actual transactions are otherwise reported on a consolidated transaction reporting system, the last reported sale price of the Common Stock on such exchange or reporting system, as reported in any newspaper of general circulation; (ii) if the Common Stock is quoted on the National Association of Securities Dealers Automated Quotations System ("NASDAQ"), or any similar system of automated dissemination of quotations of securities prices in common co mmon use, the mean between the closing high bid and low asked quotations quotation for such day of the Common Stock on such system; or (iii) if neither clause (i) nor or (ii) is applicable, the mean between the high bid and low asked ask quotations for the Common Stock as reported by the National Quotation Bureau, Incorporated if at least two securities dealers have inserted both bid and asked ask quotations for the Common Stock on at least five 5 of the 10 preceding days. If the information set forth in clauses (i) through (iii) above is unavailable or inapplicable to the Company (E.G., if the Company's Common Stock is not then publicly traded or quoted), then the "Fair Market Value" of a Share shall be the fair market value (I.E., the price at which a willing seller would sell a Share to a willing buyer when neither is acting under compulsion and when both have reasonable knowledge of all relevant facts) of a share of the Common Stock on the business day immediately preceding such date as the Committee in its sole and absolute discretion shall determine in a fair and uniform manner.
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Fair Market Value.
Of a Share of the Common Stock on any date of reference
means shall
be determined in good faith by the Board and may, among other methods, be the Closing Price of
a share of the Common Stock on
such date, unless the
Committee in its sole discretion shall determine otherwise in a fair and uniform manner. grant date. For this purpose, the
"Closing Price" Closing Price of the Common Stock on any business day shall be (i) if
the such Common Stock is listed or admitted for trading on any United
... States national securities exchange, exchange or is quoted on the National Association of Securities Dealers Automated Quotations Systems ("NASDAQ"), or if actual transactions are otherwise reported on a consolidated transaction reporting system, the last reported sale price of the Common Stock on such exchange exchange, NASDAQ or reporting system, as reported in any newspaper of general circulation; or (ii) if the Common Stock is quoted on the National Association of Securities Dealers Automated Quotations System ("NASDAQ"), or any similar system of automated dissemination of quotations of securities prices in common use, the mean between the closing high bid and low asked quotations for such day of the Common Stock on such system; or (iii) if neither clause (i) nor (ii) is not applicable, the mean between the high bid and low asked ask quotations for the Common Stock as reported by the National Quotation Bureau, Incorporated if at least two securities dealers have inserted both bid and asked ask quotations for the Common Stock on at least five 5 of the 10 preceding days. If the information set forth in clauses (i) through (iii) above is unavailable or inapplicable to the Company (E.G., if the Company's Common Stock is not then publicly traded or quoted), then the "Fair Market Value" of a Share shall be the fair market value (I.E., the price at which a willing seller would sell a Share to a willing buyer when neither is acting under compulsion and when both have reasonable knowledge of all relevant facts) of a share of the Common Stock on the business day immediately preceding such date as the Committee in its sole and absolute discretion shall determine in a fair and uniform manner.
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Fair Market Value.
Of of a Share on any date of reference shall be the
Closing Price "Closing Price" (as defined below) of
a share of the Common Stock on such
date, business day, unless the Committee in its sole discretion shall determine otherwise in a fair and uniform manner. For
this purpose, the purpose of determining Fair Market Value, the "Closing Price" of the Common Stock on any business day shall be (i) if the Common Stock is listed or admitted for trading on any United States national securities
... exchange, or if actual transactions are otherwise reported on a consolidated transaction reporting system, the last reported sale price of the Common Stock on such exchange or reporting system, as reported in any newspaper of general circulation; circulation, (ii) if the Common Stock is quoted on the National Association of Securities Dealers Automated Quotations System ("NASDAQ"), or any similar system of automated dissemination of quotations of securities prices in common use, the mean between the closing high bid and low asked quotations for such day last reported sale price of the Common Stock on NASDAQ or such system; system, or (iii) if neither clause (i) nor or (ii) is applicable, the mean between the high bid and low asked quotations for the Common Stock as reported by the National Quotation Bureau, Incorporated if at least two securities dealers have inserted both bid and asked quotations for the Common Stock on at least five of the 10 ten preceding days. If the information set forth in clauses (i) through neither (i), (ii) or (iii) above is unavailable or inapplicable to the Company (E.G., if the Company's Common Stock is not applicable, then publicly traded or quoted), then the "Fair Fair Market Value" of a Share Value shall be the fair market value (I.E., the price at which a willing seller would sell a Share to a willing buyer when neither is acting under compulsion and when both have reasonable knowledge of all relevant facts) of a share of the Common Stock on the business day immediately preceding such date as determined in good faith by the Committee in its sole and absolute discretion shall determine or the Board in a fair and uniform manner.
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