Fair Market Value
Fair Market Value. As of any date, the closing price of a share of Common Stock on the principal exchange on which shares of Common Stock are then trading, if any (or as reported on any composite index which includes such principal exchange). If shares are not traded on an exchange, the Fair Market Value of a share of Common Stock shall be the closing price on the preceding trading date
Found in
United Therapeutics Corp contract
Fair Market Value. As of any date, and unless the Board shall specify otherwise, the closing price of a share of Common Stock as reported in the Wall Street Journal listing of composite transactions for New York Stock Exchange issues.
Found in
Union Pacific Corp contract
Fair Market Value. With respect to the value of the Stock as of a particular day, the last reported sale price (as reported on The Nasdaq Stock Market's National Market) of such Stock on such day (unless such day is not a trading day, in which case, on the last trading day immediately preceding such day on which the Stock is traded on The Nasdaq Stock Market's National Market). If the Stock is not listed on The Nasdaq Stock Market's National Market, the Committee shall determine in good faith the Fair Market...
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Found in
Ultimate Software Group Inc contract
Fair Market Value. On any date, means the closing sales price on the New York Stock Exchange on such date or, in the absence of reported sales on such date, the closing sales price on the immediately preceding date on which sales were reported
Found in
UDR, Inc. contract
Fair Market Value. The closing price of the Stock as reported on the Nasdaq Global Select Market, or such other system as may supersede it, on a particular date. In the event that there are no Stock transactions on such date, the Fair Market Value shall be determined as of the immediately preceding date on which there were Stock transactions.
Found in
TrustCo Bank Corp NY contract
Fair Market Value. The closing price of a share of Common Stock reported on the New York Stock Exchange (the 'NYSE') on the date Fair Market Value is being determined, provided that if there is no closing price reported on such date, the Fair Market Value of a share of Common Stock on such date shall be deemed equal to the closing price as reported by the NYSE for the last preceding date on which sales of shares of Common Stock were reported. Notwithstanding the foregoing, in the event that the shares of Common...
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Found in
Trex Company, Inc. contract
Fair Market Value. The closing price of a share of Common Stock reported on the New York Stock Exchange (the 'NYSE') on the date Fair Market Value is being determined
Found in
Trex Company, Inc. contract
Fair Market Value. If no Public Offering has occurred, the fair market value of a Share as determined by the Committee. In making a determination of the Fair Market Value, the Committee, using a reasonable method reasonably applied, shall give due consideration to such factors as it deems appropriate, including, but not limited to, the earnings and other financial and operating information of the Company in recent periods, the potential value of the Company as a whole, the future prospects of the Company and the...
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Fair Market Value. As of a specified date, one of the following as determined by the Committee, each of which shall be based on trading prices of a share of Common Stock on the New York Stock Exchange or on any national securities exchange on which the shares of Common Stock are then listed, or if the shares were not traded on such date, then on the next preceding date on which such shares of Common Stock were traded, all as reported by such source as the Committee may select: (i) the average of the high and low...
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Found in
Travelers contract
Fair Market Value. (i) in the case of shares of securities where, for a continuous period of at least four months prior to the issuance thereof, other shares of the same class had already been listed on the Applicable Exchange, the average of the daily volume-weighted average prices per share of such securities for the 20 consecutive trading days immediately preceding the day as of which Fair Market Value is being determined; (ii) in the case of securities not covered by (i) above, the Fair Market Value of such...
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