Fair Market Value

Fair Market Value. As of any date, the value of Common Stock determined as follows: (a) If there exists a public market for the Common Stock, the Fair Market Value will be determined by the Administrator in accordance with applicable law and in a manner consistent with the requirements of Section 409A of the Code; or (b) In the absence of an established market for the Common Stock of the type described in (a) above, the Fair Market Value will be determined by the Administrator in good faith and in a manner... consistent with Section 260.140.50 of Title 10 of the California Code of Regulations and with the requirements of Section 409A of the Code View More

Fair Market Value. As of any date on which the Shares are listed or quoted on a securities exchange or quotation system, and except as otherwise determined by the Committee, the closing sale price of a Share as reported on such securities exchange or quotation system as of the relevant date, and if the Shares are not listed or quoted on a securities exchange or quotation system, then an amount equal to the then fair market value of a Share as determined by the Committee pursuant to a reasonable method adopted in... good faith for such purpose View More

Fair Market Value. The value of each Share determined as of any specified date

Fair Market Value. Shall mean the value of each Share determined as of any specified date as follows: (1) If the Shares are traded on any United States securities exchange, or if the Shares are not traded on any United States securities exchange but are traded on any formal over-the-counter quotation system in general use in the United States, the value per Share shall be the closing price on such exchange or quotation system on the business day immediately preceding such specified date; provided, however, that... if no Shares are traded on the business day immediately preceding such specified date, the value per Share shall be the mean between the closing high bid and closing low asked quotations on the business day immediately preceding such specified date; or (2) If Paragraph (1) does not apply, the value per Share shall be determined by the Board in accordance with Section 4(e) in good faith and based on uniform principles consistently applied. Such determination shall be conclusive and binding on all persons. View More

Fair Market Value. Shall have the meaning set forth in the Equity Incentive Plan.

Fair Market Value. Shall mean, as of any date of determination, the most recent closing price per share of the Common Stock as published in the Eastern Edition of The Wall Street Journal report on the New York Stock Exchange Composite Transactions (or other established exchange on which the Common Stock is listed).

Fair Market Value. (i) In the case of Common Stock means the amount which a willing buyer would pay a willing seller in an arm's-length transaction for one share of such Common Stock, as determined by the Board in good faith, provided that if the Common Stock is then traded on a Recognized Securities Exchange, it shall mean the closing sale price of such security (or, if no closing sale price is reported, the average of the closing bid and ask prices or, if more than one in either case, the average of the average... closing bid and the average closing ask prices) on such date as reported in composite transactions on the BSX or other Recognized Securities Exchange on which the Common Stock is then traded. (ii) In the case of cash, the amount thereof. (iii) In the case of other property, the amount which a willing buyer would pay a willing seller in an arm's-length transaction for such property, as determined by the Board in good faith. View More

Fair Market Value. The mean of the high and low prices of the Shares on the date specified rounded up to the next whole cent (or, if there is no trading on the New York Stock Exchange on such date, then on the first previous trading date) as reported in "New York Stock Exchange Composite Transactions" in "The Wall Street Journal" or by WSJ.com or Bloomberg L.P., or if unavailable, then by reference to any other source as may be deemed appropriate by the Administrator.

Fair Market Value. As of any given date, the fair market value of a security determined by the Committee using any reasonable method and in good faith (such determination will be made in a manner that satisfies Section 409A of the Code and in good-faith 3 as required by Section 422(c)(1) of the Code); provided that (a) if such security is admitted to trading on a national securities exchange, the fair market value of such security on any date shall be the closing sale price reported for such security... on the principal stock exchange or, if applicable, any other national exchange on which the security is traded or admitted to trading on such date on which a sale was reported; and (b) if such security is admitted to quotation on the National Association of Securities Dealers Automated Quotation System ("NASDAQ") or a successor quotation system, the fair market value of such security on any such date shall be the average of the highest bid and lowest asked prices for such security on the system on such date on which both the bid and asked prices were reported. View More

Fair Market Value. With respect to a share of Stock on an applicable date:i.If the principal market for the Stock (the "Market") is a national securities exchange or the National Association of Securities Dealers Automated Quotation System ("NASDAQ") National Market, the last sale price or, if no reported sales take place on the applicable date, the average of the high bid and low asked price of Stock as reported for such Market on such date or, if no such quotation is made on such date, on the next preceding day... on which there were quotations, provided that such quotations shall have been made within the ten (10) business days preceding the applicable date;ii.If the Market is the NASDAQ National List, the NASDAQ Supplemental List or another market, the average of the high bid and low asked price for Stock on the applicable date, or, if no such quotations shall have been made on such date, on the next preceding day on which there were quotations, provided that such quotations shall have been made within the ten (10) business days preceding the applicable date; or,iii.In the event that neither paragraph i. nor ii. shall apply, the Fair Market Value of a share of Stock on any day shall be determined in good faith by the Committee in a manner consistently applied View More