Fair Market Value Definition Example with 18 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. On any date means the average of the high and low sales prices of the Shares on such date on the principal national securities exchange on which such Shares are listed or admitted to trading, or if such Shares are not so listed or admitted to trading, the arithmetic mean of the per Share closing bid price and per Share closing asked price on such date as quoted on the National Association of Securities Dealers Automated Quotation System or... such other market in which such prices are regularly quoted, or, if there have been no published bid or asked quotations with respect to Shares on such date, the Fair Market Value shall be the value established by the Board in good faith and, in the case of an Incentive Stock Option, in accordance with Section 422 of the Code. View More Arrow
Found in LENOX GROUP INC contract

Variations

Fair Market Value. On as of any date means particular date, the average of the high and low closing sales prices of the Shares Common Stock on such date on the principal national securities exchange on which such Shares are Common Stock is listed or admitted to trading, or or, if such Shares are not so listed or admitted to trading, the arithmetic mean average of the per Share closing bid price and per Share closing asked price on such date as quoted on the National Association of Securities Dealers Automated... Quotation System or such other market in which such prices are regularly quoted, or, quoted (including the Over-the-Counter Bulletin Board), or if there have been no published bid or asked quotations with respect to Shares the Common Stock on such date, the Fair Market Value shall be the value established by the Board of Directors in good faith and, in the case of an Incentive Stock Option, in accordance with Section 422 of the Code. faith. View More Arrow
Found in BASANITE, INC. contract
Fair Market Value. On on any date means the average of the high and low closing sales prices of the Shares on such date date, on the principal national securities exchange on which such Shares are listed or admitted to trading, or or, if such Shares are not so listed or admitted to trading, the arithmetic mean average of the per Share closing bid price and per Share closing asked price on such date as quoted on the National Association of Securities Dealers Automated Quotation System or such other market in which... such prices are regularly quoted, or, if there have been no published bid or asked quotations with respect to Shares on such date, the Fair Market Value shall be the value established by the Board in good faith and, in the case of an Incentive Stock Option, in accordance with Section 422 of the Code. Board. View More Arrow
Found in PLAINS EXPLORATION & PRODUCTION CO contract
Fair Market Value. On on any date means the average of the high and low closing sales prices of the Shares (i) on the day before such date, or (ii) on such date if an Agreement so provides, on the principal national securities exchange on which such Shares are listed or admitted to trading, or or, if such Shares are not so listed or admitted to trading, the arithmetic mean average of the per Share closing bid price and per Share closing asked price on such date as quoted on the National Association of Securities... Dealers Automated Quotation System or such other market in which such prices are regularly quoted, or, if there have been no published bid or asked quotations with respect to Shares on such date, the Fair Market Value shall be the value established by the Board in good faith and, in the case of an Incentive Stock Option, in accordance with Section 422 of the Code. View More Arrow
Found in 2 Contracts from PLAINS EXPLORATION & PRODUCTION CO
Fair Market Value. On on any date means the average of the high and low closing sales prices of the Shares (i) on the day before such date, or (ii) on such date if an Agreement so provides, on the principal national securities exchange on which such Shares are listed or admitted to trading, or or, if such Shares are not so listed or admitted to trading, the arithmetic mean average of the per Share closing bid price and per Share closing asked price on such date as quoted on the National Association of Securities... Dealers Automated Quotation System or such other market in which such prices are regularly quoted, or, if there have been no published bid or asked quotations with respect to Shares on such date, the Fair Market Value shall be the value established by the Board in good faith and, in the case of an Incentive Stock Option, in accordance with Section 422 of the Code. 4 View More Arrow
Found in PLAINS EXPLORATION & PRODUCTION CO contract
Fair Market Value. On on any date means the average of the high and low closing sales prices of the Shares (i) on the day before such date, or (ii) on such date if an Agreement so provides, on the principal national securities exchange on which such Shares are listed or admitted to trading, or or, if such Shares are not so listed or admitted to trading, the arithmetic mean average of the per Share closing bid price and per Share closing asked price on such date as quoted on the National Association of Securities... Dealers Automated Quotation System or such other market in which such prices are regularly quoted, or, if there have been no published bid or asked quotations with respect to Shares on such date, the Fair Market Value shall be the value established by the Board in good faith and, in the case of an Incentive Stock Option, in accordance with Section 422 of the Code. 4 View More Arrow
Found in PLAINS EXPLORATION & PRODUCTION CO contract
Fair Market Value. On on any date means the average of the high and low closing sales prices of the Shares on such date on the New York Stock Exchange, Inc. or other principal national securities exchange on which such Shares are listed or admitted to trading, or or, if such Shares are not so listed or admitted to trading, the arithmetic mean average of the per Share closing bid price and per Share closing asked price on such date as quoted on the National Association of Securities Dealers Automated Quotation... System or such other market in which such prices are regularly quoted, or, if there have been no published bid or asked quotations with respect to Shares on such date, the Fair Market Value shall be the value established by the Board in good faith and, in the case of an Incentive Stock Option, in accordance with Section 422 of the Code. faith. View More Arrow
Found in MEDICIS PHARMACEUTICAL CORP contract
Fair Market Value. On on any date means the average of the high and low sales prices of the Shares a share of Common Stock on such date on the principal national securities exchange on which such Shares the shares of Common Stock are listed or admitted to trading, or or, if such Shares shares are not so listed or admitted to trading, the arithmetic mean closing sales price of the per Share closing bid price and per Share closing asked price on such date as quoted a share of Common Stock on the National... Association of Securities Dealers Automated Quotation System ("NASDAQ") on such date, or if such closing price is not available, the arithmetic mean of the per share closing bid price and per share closing asked price of a share of Common Stock on such date as quoted on NASDAQ or such other market quotation system in which such prices are regularly quoted, or, if there have been no such published bid or asked quotations with respect to Shares a share of Common Stock on such date, or if such shares are not publicly traded, the Fair Market Value shall be the fair market value established by the Board in good faith and, in the case of an Incentive Stock Option, in accordance with Section 422 of the Code. Administrator. View More Arrow
Found in Vyteris, Inc. contract
Fair Market Value. On any of a Share as of a given date means shall be the average of the high and low closing sales prices of the Shares on such date on the principal national securities exchange on which such Shares are listed or admitted to trading, or or, if such Shares are not so listed or admitted to trading, the arithmetic mean average of the per Share closing bid price and per Share closing asked price on such date as quoted on the NASDAQ National Association of Securities Dealers Automated Quotation... System List, the NASDAQ Supplemental List or such other market in which such prices are regularly quoted, or, if there have been no published bid or asked quotations with respect to Shares on such date, the Fair Market Value shall be the value established by the Board Committee in good faith faith, and, in the case of an Incentive Stock Option, in accordance with Section 422 of the Code. View More Arrow
Found in USN CORP contract
Fair Market Value. On on any date means the average of the high and low closing sales prices price of the Shares on such date on the principal national securities exchange on which such Shares are listed or admitted to trading, or or, if such Shares are not so listed or admitted to trading, the arithmetic mean average of the per Share closing bid price and per Share closing asked price on such date as quoted on the National Association of Securities Dealers Automated Quotation System New York Stock Exchange or... such other market in which such prices are regularly quoted, or, if there have been no published bid or asked quotations with respect to Shares on such date, the Fair Market Value shall be the value established by the Board in good faith and, in the case of an Incentive Stock Option, in accordance with Section 422 of the Code. faith. View More Arrow
Found in DELHAIZE AMERICA INC contract
Fair Market Value. On on any date means the average of the high and low sales prices of the Shares on such date on the principal national securities exchange on which such the Shares are listed or admitted to trading, or or, if such the Shares are not so listed or admitted to trading, the arithmetic mean closing sales price of the per a Share closing bid price and per Share closing asked price on such date as quoted on the National Association of Securities Dealers Automated Quotation System ("NASDAQ") on such... date, or if such closing price is not available, the arithmetic mean of the per share closing bid price and per share closing asked price of the Shares on such date as quoted on NASDAQ or such other market in which such prices are regularly quoted, or, if there have been no such published bid or asked quotations with respect to the Shares on such date, or if the Shares are not publicly traded, the Fair Market Value shall be the value established by the Board Administrator in good faith and, in the case of an Incentive Stock Option, in accordance with Section 422 of the Code. its sole discretion. View More Arrow
Found in TELEGLOBE INTERNATIONAL HOLDINGS LTD contract
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