Fair Market Value

Example Definitions of "Fair Market Value"
Fair Market Value. As of any date, the average of the highest and lowest quoted sales prices for such Common Stock as of such date (or if no sales were reported on such date, the average on the last preceding day a sale was made) as quoted on the stock exchange or a national market system, with the highest trading volume, as reported in such source as the Administrator shall determine
Fair Market Value. As of any date, the average of the highest and lowest quoted closing sales prices price for such Common Stock as of such date (or if no sales were reported on such date, the average closing price on the last preceding day a sale was made) as quoted on the stock exchange or a national market system, with the highest trading volume, as reported in such source as the Administrator Company shall determine determine.
Fair Market Value. As of any date, the average of the highest and lowest quoted sales prices for such the Common Stock as of such date (or if no sales were reported on such date, the average on the last preceding day a sale was made) as quoted on the stock exchange or a national market system, system on which the Common Stock is listed, with the highest trading volume, as reported in such source as the Administrator Company shall determine determine.
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Fair Market Value. The closing sales price for the Common Stock (or the closing bid, if no sales were reported) as quoted in The Wall Street Journal or such other source as the Committee deems reliable, on the date of determination if that date is a Trading Day, or if that day is not a trading day, for the last market Trading Day prior to the date of determination
Fair Market Value. The Shall be the closing sales price for the Common Stock (or the closing bid, if no sales were reported) as quoted in The Wall Street Journal or such other source as on the Committee deems reliable, New York Stock Exchange on the date of determination if that date is a Trading Day, or if that day the date of determination is not a trading day, for Trading Day, the last market Trading Day prior to the date of determination determination, as reported in The Wall Street Journal or such other... source as the Committee deems reliable. View More
Fair Market Value. The Shall be the closing sales price for the Common Stock (or the closing bid, if no sales were reported) as quoted in The Wall Street Journal on the NASDAQ National Market, or such other source as principal securities market on which the Committee deems reliable, Common Stock is traded, on the date of determination if that date is a Trading Day, or if that day the date of determination is not a trading day, for Trading Day, the last market Trading Day prior to the date of determination determination, as reported in The Wall Street Journal or such other source as the Committee deems reliable View More
Fair Market Value. The Shall be the closing sales price for the Common Stock (or the closing bid, if no sales were reported) as quoted in The Wall Street Journal on the NASDAQ National Market, or such other source as principal securities market on which the Committee deems reliable, Common Stock is traded, on the date of determination if that date is a Trading Day, or if that day the date of determination is not a trading day, for Trading Day, the last market Trading Day prior to the date of determination determination, as reported in The Wall Street Journal or such other source as the Committee deems reliable View More
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Fair Market Value. On any date, (i) if the Units is not listed on a national securities exchange or quoted on Nasdaq, the fair market value of the Units on that date as determined by the Board, or (ii) if the Units is listed on a national securities exchange or is quoted on Nasdaq, the closing price reported on the composite tape for issues listed on such exchange on such date, or the closing price or the average of the closing dealer 'bid' and 'asked' prices for the Units as quoted on Nasdaq, or if no trades... shall have been reported for such date, on the next preceding date on which there were such trades reported; provided, however, that if no quotations shall have been made within the 10 business days immediately preceding such date, Fair Market Value shall be determined by the Board View More
Fair Market Value. On any date, (i) if the Units is not listed on a national securities exchange or quoted on Nasdaq, the fair market value of the Units on that date as determined by the Board, or (ii) if the Units is listed on a national securities exchange or is quoted on Nasdaq, the closing price reported on the composite tape for issues listed on such exchange on such date, or the closing price or the average of the closing dealer 'bid' "bid" and 'asked' "asked" prices for the Units as quoted on Nasdaq, or if... no trades shall have been reported for such date, on the next preceding date on which there were such trades reported; provided, however, that if no quotations shall have been made within the 10 business days immediately preceding such date, Fair Market Value shall be determined by the Board View More
Fair Market Value. On any date, (i) if the Units Common Stock is not listed on a national securities exchange or quoted on Nasdaq, the fair market value of the Units Common Stock on that date as determined by the Board, or (ii) if the Units Common Stock is listed on a national securities exchange or is quoted on Nasdaq, the closing price reported on the composite tape for issues listed on such exchange on such date, or the closing price or the average of the closing dealer 'bid' and 'asked' prices for the Units Common Stock as quoted on Nasdaq, or if no trades shall have been reported for such date, on the next preceding date on which there were such trades reported; provided, however, that if no quotations shall have been made within the 10 business days immediately preceding such date, Fair Market Value shall be determined by the Board View More
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Fair Market Value. As applied to a specific date, the price of a share of Common Stock that is based on the opening, closing, actual, high, low or average selling prices of a share of Common Stock reported on any established stock exchange or national market system including without limitation the New York Stock Exchange and the National Market System of the National Association of Securities Dealers, Inc. Automated Quotation System on the applicable date, the preceding trading day, the next succeeding trading... day, or an average of trading days, as determined by the Committee in its discretion. Unless the Committee determines otherwise or unless otherwise specified in an Award Agreement, Fair Market Value shall be deemed to be equal to the closing price of a share of Common Stock on the most recent date on which shares of Common Stock were publicly traded. Notwithstanding the foregoing, if the Common Stock is not traded on any established stock exchange or national market system, the Fair Market Value means the price of a share of Common Stock as established by the Committee acting in good faith based on a reasonable valuation method that is consistent with the requirements of Section 409A of the Code and the regulations thereunder View More
Fair Market Value. As Means, as applied to a specific date, the price of a share of Common Stock that is based on the opening, closing, actual, high, low or average selling prices of a share of Common Stock reported on any established stock exchange or national market system including without limitation the National Association of Securities Dealers, Inc. Automated Quotation System ("NASDAQ"), the New York Stock Exchange and the National Market System of the National Association of Securities Dealers, Inc.... Automated Quotation System on the applicable date, the preceding trading day, the next succeeding trading day, or an average of trading days, as determined by the Committee in its discretion. Unless the Committee determines otherwise or unless otherwise specified in an Award Agreement, Fair Market Value shall be deemed to be equal to the closing price of a share of Common Stock on the date as of which Fair Market Value is to be determined, or if shares of Common Stock are not publicly traded on such date, as of the most recent date on which shares of Common Stock were publicly traded. Notwithstanding the foregoing, if the Common Stock is not traded on any established stock exchange or national market system, the Fair Market Value means the price of a share of Common Stock as established by the Committee acting in good faith based on a reasonable valuation method that is consistent with the requirements of Section 409A of the Code and the regulations thereunder Committee. View More
Fair Market Value. As applied to a specific date, the price of a share of Common Stock that is based on the opening, closing, actual, high, low or average selling prices price of a share of Common Stock reported on any established stock exchange or national market system including without limitation the New York Stock Exchange and the National Market System of the National Association of Securities Dealers, Inc. Automated Quotation System on the applicable date, the preceding trading day, the next succeeding... trading day, or an average of trading days, as determined by the Committee in its discretion. consistent with Applicable Law (including Section 409A of the Code). Unless the Committee determines otherwise or unless otherwise specified in an Award Agreement, Fair Market Value Value, as applied to a specific date, shall be deemed to be equal to the closing price of a share of Common Stock on the most recent date on which shares of Common Stock were publicly traded. Notwithstanding the foregoing, if the shares of Common Stock is are not traded on any established stock exchange or national market system, the Fair Market Value means the price of a share of Common Stock as established determined by the Committee acting in good faith based on its discretion in a reasonable valuation method that is manner consistent with the requirements of Applicable Law (including Section 409A of the Code and the regulations thereunder Code) View More
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Fair Market Value. Unless otherwise provided by the Committee in accordance with all applicable laws, rules regulations and standards, means, on a given date, (i) if the Common Stock (A) is listed on a national securities exchange or (B) is not listed on a national securities exchange, but is quoted by the OTC Markets Group, Inc. (www.otcmarkets.com) or any successor or alternative recognized over-the-counter market or another inter-dealer quotation system, on a last sale basis, the average selling price of the... Common Stock reported on such national securities exchange or other inter-dealer quotation system, determined as the arithmetic mean of such selling prices over the thirty (30)-Business Day period preceding the Date of Grant, weighted based on the volume of trading of such Common Stock on each trading day during such period; or (ii) if the Common Stock is not listed on a national securities exchange or quoted in an inter-dealer quotation system on a last sale basis, the amount determined by the Committee in good faith to be the fair market value of the Common Stock. View More
Fair Market Value. Unless otherwise provided by the Committee in accordance with all applicable laws, rules regulations and standards, means, on a given date, (i) if the Common Stock Shares (A) is are listed on a national securities exchange or automated quotation system or (B) is are not listed on a national securities exchange, but is quoted by the OTC Markets Group, Inc. (www.otcmarkets.com) or any successor or alternative recognized over-the-counter market or another inter-dealer quotation system, on a last... sale basis, the average selling price of the Common Stock Shares reported on such national securities exchange or other inter-dealer quotation system, determined as the arithmetic mean of such selling prices over the thirty (30)-Business (30) Business Day period preceding the Date of Grant, weighted based on the volume of trading of such Common Stock Shares on each trading day during such period; or (ii) if the Common Stock is Shares are not listed on a national securities exchange or quoted in an inter-dealer quotation system on a last sale basis, the amount determined by the Committee in good faith to be the fair market value of the Common Stock. Shares. View More
Fair Market Value. Unless otherwise provided by the Committee in accordance with all applicable laws, rules regulations and standards, means, on a given date, (i) if the Common Stock Shares (A) is are listed on a national securities exchange or automated quotation system or (B) is are not listed on a national securities exchange, but is quoted by the OTC Markets Group, Inc. (www.otcmarkets.com) or any successor or alternative recognized over-the-counter market or another inter-dealer quotation system, on a last... sale basis, the average selling price of the Common Stock Shares reported on such national securities exchange or other inter-dealer quotation system, determined as the arithmetic mean of such selling prices over the thirty (30)-Business Day period preceding the Date of Grant, weighted based on the volume of trading of such Common Stock Shares on each trading day during such period; or (ii) if the Common Stock is Shares are not listed on a national securities exchange or quoted in an inter-dealer quotation system on a last sale basis, the amount determined by the Committee in good faith to be the fair market value of the Common Stock. Shares. View More
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Fair Market Value. Means, with respect to a share of Common Stock on a particular date, the mean between the highest and lowest composite sales price per share of the Common Stock, as reported on the consolidated transaction reporting system for the New York Stock Exchange for that date, or, if there will have been no such reported prices for that date, the reported mean price on the last preceding date on which a composite sale or sales were effected on one or more of the exchanges on which the shares of Common... Stock were traded will be the Fair Market Value. View More
Fair Market Value. Means, with respect to a share of Common Stock on a particular date, the mean between the highest and lowest composite sales price per share of the Common Stock, as reported on the consolidated transaction reporting system for the New York Stock Exchange for that date, or, if there will have been is no such reported prices for that date, the reported mean price on the last preceding date on which a composite sale or sales were effected on one or -4- more of the exchanges on which the shares of... Common Stock were traded will be the Fair Market Value. View More
Fair Market Value. Means, with respect to a share of Common Stock on a particular date, the mean between the highest and lowest composite sales price per share of the Common Stock, as reported on the consolidated transaction reporting system for the New York Stock Exchange for that date, or, if there will have been no such reported prices for that date, the reported mean price on the last preceding date on which a composite sale or sales were effected on one or more of the exchanges on which the shares of Common... Stock were traded will be the Fair Market Value. View More
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Fair Market Value. On any date means the average of the high and low market prices at which a share of Common Stock shall have been sold on such date, or the immediately preceding trading day if such date was not a trading day, as reported on the New York Stock Exchange Composite Transactions Listing and, in the case of an ISO, means fair market value as determined by the Committee in accordance with Code Section 422 and, in the case of an Option or SAR that is intended to be exempt from Code Section 409A, fair... market value as determined by the Committee in accordance with Code Section 409A View More
Fair Market Value. On any date means the average of the high and low market prices at which a share of Common Stock shall have been sold on such date, or the immediately preceding trading day if such date was not a trading day, as reported on the New York Stock Exchange Composite Transactions Listing and, in the case of an ISO, means fair market value as determined by the Committee in accordance with Code Section 422 and, in of the case of an Option or SAR that is intended to be exempt from Code Section 409A,... fair market value as determined by the Committee in accordance with Code Section 409A Code. View More
Fair Market Value. On any date means the average of the high and low market prices at which a share of Common Stock shall have been sold on such date, or the immediately preceding trading day if such date was not a trading day, as reported on the New York Stock Exchange Composite Transactions Listing and, in the case of an ISO, means fair market value as determined by the Committee in accordance with Code Section 422 and, in of the case of an Option or SAR that is intended to be exempt from Code Section 409A,... fair market value as determined by the Committee in accordance with Code Section 409A View More
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Fair Market Value. As of any date means, unless otherwise expressly provided in this Plan: (i) the closing sales price of a Share on the Nasdaq Global Select Market, or if Shares are not quoted on the Nasdaq Global Select Market, on the New York Stock Exchange ("NYSE") or any similar system then in use or, , or (ii) if clause (i) is not applicable, what the Committee determines in good faith to be 100% of the fair market value of a Share on that date, taking into account the requirements of Section 409A of the... Code, which determination shall be conclusive and binding on all persons. The determination of Fair Market Value shall be subject to adjustment as provided in Section 13(f) hereof. View More
Fair Market Value. As of any date means, unless otherwise expressly provided in this Plan: (i) the closing sales price of a Share on the Nasdaq Global Select Stock Market, or if Shares are not quoted on the Nasdaq Global Select Stock Market, on the New York Stock Exchange ("NYSE") or any similar system then in use or, , use, or (ii) if clause (i) is not applicable, what the Committee determines in good faith to be 100% of the fair market value of a Share on that date, taking into account the requirements of... Section 409A of the Code, which determination shall be conclusive and binding on all persons. The determination of Fair Market Value shall be subject to adjustment as provided in Section 13(f) hereof. View More
Fair Market Value. As of any date means, unless otherwise expressly provided in this Plan: (i) the closing sales price of a Share on the Nasdaq Global Select Market, or if Shares are not quoted on the Nasdaq Global Select Market, on the New York Stock Exchange ("NYSE") or any similar system then in use or, , or (ii) if clause (i) is not applicable, what the Committee determines in good faith to be 100% of the fair market value of a Share on that date, taking into account the requirements of Section 409A of the... Code, which determination shall be conclusive and binding on all persons. In the case of an Incentive Stock Option, if such determination of Fair Market Value is not consistent with the then current regulations of the Secretary of the Treasury, Fair Market Value shall be determined in accordance with said regulations. The determination of Fair Market Value shall be subject to adjustment as provided in Section 13(f) hereof. View More
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Fair Market Value. Shall mean, with respect to the grant of an option under the Plan, (a) if the Common Stock is listed on a national securities exchange or the NASDAQ Global Market, the closing price of the Common Stock for the business day of the Date of Grant, or (b) if the Common Stock is not then listed on an exchange, the average of the closing bid and asked prices per share for the Common Stock in the over-the-counter market as quoted on such market for the business day of the Date of Grant, or (c) if the... Common Stock is not then listed on any exchange or quoted on an over-the-counter market, an amount determined in good faith by the Committee to be the fair market value of the Common Stock, after consideration of all relevant factors, on the Date of Grant. In all events, "Fair Market Value" shall be determined in good faith by the Committee in a manner that will comply with the provisions of Section 409A of the Code and the regulations promulgated thereunder. View More
Fair Market Value. Shall mean, with With respect to the grant exercise of an option under the Plan, (a) if the Common Stock is listed on a national securities exchange or the NASDAQ Global Market, the closing price of the Common Stock for the business day immediately preceding the day of the Date of Grant, or (b) if the Common Stock is not then listed on an exchange, the average of the closing bid and asked prices per share for the Common Stock in the over-the-counter market as quoted on such market NASDAQ for... the business day of the Date of Grant, or (c) if the Common Stock is not then listed on any exchange or quoted on an over-the-counter market, NASDAQ, an amount determined in good faith by the Committee to be the fair market value of the Common Stock, after consideration of all relevant factors, on the Date of Grant. In all events, "Fair Market Value" shall be determined in good faith by the Committee in a manner that will comply with the provisions of Section 409A of the Code and the regulations promulgated thereunder. factors. View More
Fair Market Value. Shall mean, with With respect to the grant of an option under the Plan, (a) if the Common Stock is listed on a national securities exchange or the NASDAQ Global Market, the closing price of the Common Stock for the business day of the Date of Grant, or (b) if the Common Stock is not then listed on an exchange, the average of the closing bid and asked prices per share for the Common Stock in the over-the-counter market as quoted on such market for the business day of the Date of Grant, or (c) if... the Common Stock is not then listed on any exchange or quoted on an over-the-counter market, an amount determined in good faith by the Committee to be the fair market value of the Common Stock, after consideration of all relevant factors, on the Date of Grant. In all events, "Fair Market Value" shall be determined in good faith by the Committee in a manner that will comply with the provisions of Section 409A of the Code and the regulations promulgated thereunder. View More
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Fair Market Value. Means, as of any date, the value of the Common Stock of the Company determined as follows: (i) If the Common Stock is then listed or admitted to trading on a Nasdaq market system or a stock exchange which reports closing sale prices, the Fair Market Value shall be the closing sale price on the date of valuation on such Nasdaq market system or principal stock exchange on which the Common Stock is then listed or admitted to trading, or, if no closing sale price is quoted on such day, then the... Fair Market Value shall be the closing sale price of the Common Stock on such Nasdaq market system or such exchange on the next preceding day for which a closing sale price is reported; (ii) If the Common Stock is not then listed or admitted to trading on a Nasdaq market system or a stock exchange which reports closing sale prices, the Fair Market Value shall be the average of the closing bid and asked prices of the Common Stock in the over-the-counter market on the date of valuation; or (iii) If neither (i) nor (ii) is applicable as of the date of valuation, then the Fair Market Value shall be determined by the Board in good faith using any reasonable method of valuation, which determination shall be conclusive and binding on all interested parties. View More
Fair Market Value. Means, as of On any date, given day shall be the value of the one share of Common Stock of the Company determined as follows: (i) If if the Common Stock is then listed or admitted to trading on a Nasdaq market system stock exchange or a other stock exchange which reports closing sale prices, the Fair Market Value shall be the closing sale price on the date of valuation on such Nasdaq market system stock exchange or other principal stock exchange on which the Common Stock is then listed or... admitted to trading, or, if no closing sale price is quoted on such day, then the Fair Market Value shall be the closing sale price of the Common Stock on such Nasdaq market system stock exchange or such other exchange on the next preceding day for on which a closing sale price is reported; reported, (ii) If if the Common Stock is not then listed or admitted to trading on a Nasdaq stock market system or a other stock exchange which reports closing sale prices, the Fair Market Value shall be the average of the closing bid and asked prices of the Common Stock in the over-the-counter market on the date of valuation; or valuation, (iii) If if neither (i) nor (ii) is applicable as of the date of valuation, then the Fair Market Value shall be determined by the Board Administrator in good faith using any based upon a reasonable application of a reasonable valuation method in accordance with Section 409A of valuation, the Code, which determination shall be conclusive and binding on all interested parties. parties View More
Fair Market Value. Means, as As of any date, date that requires the determination of the Fair Market Value of a Common Share under this Agreement, the value of the a Common Stock Share on such date of the Company determined determination, calculated as follows: (i) (a) If the Common Stock is Shares are then listed or admitted to trading on a Nasdaq market system or a stock exchange which reports closing sale prices, the Fair Market Value shall be the closing sale price on the such date of valuation on such Nasdaq... market system or principal stock exchange on which the Common Stock is Shares are then listed or admitted to trading, or, if no closing sale price is quoted on such day, then the Fair Market Value shall be the closing sale price of the Common Stock Shares on such Nasdaq market system or such exchange on the next preceding day for on which a closing sale price is reported; (ii) 9 (b) If the Common Stock is Shares are not then listed or admitted to trading on a Nasdaq market system or a stock exchange which reports closing sale prices, the Fair Market Value shall be the average of the closing bid and asked prices of the Common Stock Shares in the over-the-counter market on the date of valuation; such date; or (iii) (c) If neither (i) (a) nor (ii) (b) is applicable as of the date of valuation, such date, then the Fair Market Value shall be determined by the Board Committee in good faith using any reasonable method of valuation, evaluation, which determination shall be conclusive and binding on all interested parties. parties View More
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