Fair Market Value

Fair Market Value. Shall mean the most recent closing sales price for a share of stock reported on the NASDAQ Stock Market.

Fair Market Value. As of any given date: (i) the closing price of the Common Stock on the Nasdaq National Market as reported in the Wall Street Journal; or (ii) if the Common Stock is no longer quoted on the Nasdaq National Market, but is listed on an established stock exchange or quoted on any other established interdealer quotation system, the closing price for the Common Stock on such exchange or system, as reported in the Wall Street Journal; or (iii) in the absence of an established market for the Common... Stock, the fair market value of the Common Stock as determined by the Administrator in good faith View More

Fair Market Value. Of a share of Common Stock on any given date means the closing sale price for such shares on that date as listed on the New York Stock Exchange (or any national securities exchange or quotation system on which the Common Stock is then listed or reported). If a closing sale price for the Common Stock for the given date is not listed or reported, or if there is none, the Fair Market Value shall be equal to the closing sale price on the nearest trading day preceding such date. Notwithstanding the... foregoing, if, in the Committee's judgment, there are unusual circumstances or occurrences under which the otherwise determined Fair Market Value of the Common Stock does not represent the actual fair value thereof, then the Fair Market Value of such Common Stock shall be determined by the Committee on the basis of such prices or market quotations as it shall deem appropriate and fairly reflective of the then fair value of such Common Stock View More

Fair Market Value. The closing price of the Common Stock on the trading day coinciding with such date, or if not trading on such date, then the closing price as of the next following trading day. If shares of the Common Stock shall not have been traded on any national exchange or interdealer quotation system for more than 10 days immediately preceding such date or if deemed appropriate by the Committee for any other reason, the fair market value of shares of Common Stock shall be determined by the Committee in... such other manner as it may deem appropriate View More

Fair Market Value. Means the average of the closing bid and closing ask price of the Stock as reported on the OTC Bulletin Board or any successor principal market for the Stock on the applicable date, or if the Stock is not trading on the OTC Bulletin Board or an established securities market (within the meaning of Section 409A of the Code and the regulations promulgated thereunder), the fair market value of the Stock for the applicable date as determined by a reasonable valuation method selected by the Board or... the Committee. View More

Fair Market Value. Shall mean, with respect to a share as of any date, (i) the closing per-share sales price of the shares (A) as reported by the New York Stock Exchange for such date or (B) if the shares are listed on any other national stock exchange, as reported on the stock exchange composite tape for securities traded on such stock exchange for such date or, with respect to each of clauses (A) and (B), if there were no sales on such date, on the closest preceding date on which there were sales of shares or... (ii) in the event there shall be no public market for the shares on such date, the fair market value of the Shares as determined in good faith by the Committee; provided, that (x) if Optionee shall disagree with the good faith determination of fair market value made by the Committee under this clause (ii), and if the disagreement cannot be resolved by negotiation between Optionee and the Committee, the parties hereto shall submit to binding arbitration on the matter of the fair market value of the Shares before an arbitrator mutually agreed by Optionee and the Committee, and (y) if Optionee and the Committee cannot agree on a single arbitrator, each party shall appoint one arbitrator experienced in complex financial matters and the two shall jointly select a third similarly experienced arbitrator, and the matter shall be heard by the three arbitrators; provided further, that the Company shall bear the arbitrators' fees and expenses; and View More

Fair Market Value. Of the Option Shares shall mean the fair market value of the Option Shares as determined in good faith by the Committee.

Fair Market Value. When used in connection with the Common Stock on a certain date, the reported closing, or last sale, price, or the average of the closing bid and ask price, of the Common Stock as reported by the National Association of Securities Dealers Automated Quotation System (as published by the Wall Street Journal, if published) on that date, or if the Common Stock was not traded on such date, on the next preceding day on which the Common Stock was traded thereon

Fair Market Value. On any given date, the average (rounded to the nearest one-eighth of a dollar) of the high and low prices of a share of Company common stock as reported on the New York Stock Exchange composite tape on such day or, if the Company common stock was not traded on the New York Stock Exchange on such day, then the next day that the Company common stock is traded on such exchange, all as reported by such source as the Administrator may select. If shares of Company common stock are not then traded on... the New York Stock Exchange, the Fair Market Value shall be determined by the Administrator using any reasonable method in good faith. View More

Fair Market Value. On a given day, the closing sale price for the Common Stock as reported on the principal securities exchange, market or quotation system on which the Common Stock may be listed or quoted on such date or, if no such sale occurred on that date, then for the next preceding date on which a sale was made. If the Common Stock should not be listed or quoted on a securities exchange, market or quotation system, Fair Market Value shall be determined in good faith by the Board of Directors of the Company.