Fair Market Value

Fair Market Value. The per share value of Common Stock determined in good faith by the Administrator or, if the Common Stock is (a) listed on the Nasdaq National Market, the closing sales price for the Common Stock as reported by that market for regular session trading for a single trading day (b) listed on the New York Stock Exchange or the American Stock Exchange, the closing sales price for the Common Stock as such price is officially quoted in the composite tape of transactions on such exchange for regular... session trading for a single trading day, (c) quoted on the Nasdaq SmallCap Market, the last sales price as reported by that market for a single trading day, or (d) quoted on the OTC Bulletin Board Service or by the National Quotation Bureau, Inc., the average of the high bid and low asked prices reported by such service for a single trading day. If there is no such reported price for the Common Stock for the date in question, then such price on the last preceding date for which such price exists shall be determinative of Fair Market Value View More

Fair Market Value. On a particular day means the last sale price regular way on such day or if such day is not a business day on the preceding business day, on the principal national securities exchange on which the Common Stock is listed or admitted to trading as reported by such exchange, or if the Common Stock is not listed or admitted to trading on any national securities exchange, in the over-the-counter market on such day, as reported on the Nasdaq National Market ("Nasdaq"), or if there are no such prices... reported on such exchange or Nasdaq on such day, the average of the closing high bid and low asking price of the Stock as reported by such exchange or Nasdaq, and if there be none, then as furnished to the Committee by any New York Stock Exchange member selected from time to time by the Committee for such purpose. If there is no bid or asked price reported on any such day, the market value shall be determined by the Committee in accordance with the regulations promulgated under Section 2031 of the Code, or by any other appropriate method selected by the Committee. In the case of an Incentive Stock Option, if the foregoing method of determining fair market value should be inconsistent with Section 422 of the Code, "Fair Market Value" shall be determined by the Committee in a manner consistent with such section of the Code and shall mean the value as so determined. View More

Fair Market Value. Shall have the meaning ascribed to such term in the Plan.

Fair Market Value. Shall mean the value of one (1) Share, determined as follows: (i) If the Shares are (A) listed on the New York Stock Exchange or the American Stock Exchange (collectively, the "Exchange"), the closing price as reported for composite transactions on the date of valuation, or, if no sale occurred on that date, then the mean between the closing bid and asked prices on such Exchange on such date, or (B) traded on the National Market System (the "NMS") of The Nasdaq Stock Market, Inc. ("NASDAQ"),... the last sale price on the date of valuation, or if no sale occurred on that date, the last sale price on the business day immediately prior to the date of valuation, or, if no sale occurred on such date, then the mean between the highest bid and lowest asked prices as of the close of business on the business day immediately prior to the date of valuation, as reported on Nasdaq; (ii) If the Shares are not traded on the Exchange or the NMS but are otherwise traded over-the-counter in the United States, the mean between the highest bid and lowest asked prices quoted on Nasdaq as of the close of business on the date of valuation, or, if on such day such Shares are not quoted in NASDAQ, the mean between the representative bid and asked prices on such date in the United States over-the-counter market as reported by the OTC Bulletin Board or the National Quotation Bureau, Inc., or any similar successor organization; or (iii) If neither clause (i) nor (ii) above applies, the Fair Market Value shall be determined by the Administrator in good faith. Such determination shall be conclusive and binding on all persons. View More

Fair Market Value. Means, as of any date, the lower of (1) the last quoted per share selling price for the Company's Common Stock on the Nasdaq National Market on the relevant date; or (2) the arithmetic mean of the highest and lowest quoted selling prices on the Nasdaq National Market on the relevant date. If there were no sales on such date, then "Fair Market Value" means on the nearest trading day before the lower of (1) the last quoted per share selling price for the Company's Common Stock on the Nasdaq... National Market; or (2) the arithmetic mean of the highest and lowest quoted selling prices on the Nasdaq National Market. Notwithstanding the preceding, for federal, state, and local income tax purposes, fair market value shall be determined by the Board (or its delegate) in accordance with uniform and nondiscriminatory standards adopted from time to time. View More

Fair Market Value. Fair Market Value as defined in the Plan; provided, however, that if there is no regular public trading market for such Common Stock, Fair Market Value shall mean the value established by the most recent independent appraisal of Crown conducted prior to the relevant Delivery Date.

Fair Market Value. As of any given date, the closing price of the Class A Stock on The NASDAQ Stock Market as of the close of the regular business hours of The NASDAQ Stock Market, without regard to any after-hours trading that may hereinafter be commenced on the NASDAQ Stock Market, on the immediately preceding date or, if there are no reported sales on such immediately preceding date, on the last day prior to such date on which there were sales of the Class A Stock on The NASDAQ Stock Market or, if the Class A... Stock is not listed on The NASDAQ Stock Market, on any national securities exchange on which the Class A Stock is listed. If there is no regular public trading market for such Class A Stock, the Fair Market Value of the Class A Stock shall be determined by the Compensation Committee of Crown in good faith View More

Fair Market Value. Shall mean, as of any date, as to any share of Common Stock, the Board's good faith determination of the fair value of such share as of the applicable reference date.

Fair Market Value. Means, with respect to any Award Share, the average closing bid price (or, if there is no applicable closing bid price, the closing price) of such Award Share on the principal exchange or interdealer quotation system on which such Award Share is traded over a period of 30 consecutive trading days, the latest of which will be the trading day immediately preceding the date as of which Fair Market Value is being determined.

Fair Market Value. Means, on a given date, (i) if there should be a public market for the Shares on such date, the price at which a Share was last sold (i.e., closing market price) on the principal United States market for the Shares, or, if no sale of Shares shall have been reported on such principal United States market on such date, then the immediately preceding date on which sales of the Shares have been so reported shall be used, and (ii) if there should not be a public market for the Shares on such date,... the Fair Market Value shall be the value established by the Committee in good faith. View More