Fair Market Value

Fair Market Value. As of any date, the value of a share of Common Stock determined as follows: (i) if the Common Stock is listed on any established stock exchange or a national market system, the Fair Market Value will be the closing sales price for such shares as quoted on such exchange or system on the day of determination, as reported in The Wall Street Journal or such other source as the Committee deems reliable, or if there is no such closing price reported on that date, then on the last preceding date on... which such a closing price was reported; or (ii) if the Common Stock is not listed on any established stock exchange or a national market system, the Fair Market Value will be determined in good faith by the Committee in accordance with Section 409A of the Code. View More

Fair Market Value. As of any date, the fair market value of Common Stock determined, in the absence of an established market for the Common Stock, by the Board in good faith on such basis as it deems appropriate

Fair Market Value. Unless the Committee determines otherwise, the value of a share of Common Stock as determined by a third-party engaged to value the shares for purposes of Section 409A of the Code, or, if the Common Stock is regularly traded, as of any date, the closing price for such Common Stock as of such date (or if no sales were reported on such date, the closing price on the last preceding day for which a sale was reported), as reported in such source as the Committee shall determine

Fair Market Value. On a given date, (i) if there is a public market for the shares of Common Stock on such date, the closing price of the shares as reported on such date on the principal national securities exchange on which the shares are listed or, if no sales of shares have been reported on any national securities exchange, then the immediately preceding date on which sales of the shares have been so reported or quoted, and (ii) if there is no public market for the shares of Common Stock on such date, then the... fair market value shall be determined by the Committee in good faith after taking into consideration all factors which it deems appropriate, including, without limitation, Sections 409A and 422 of the Code. View More

Fair Market Value. With respect to a Share, the fair market value thereof as of the relevant date of determination, as determined in accordance with a valuation methodology approved by the Committee

Fair Market Value. Means, as of any date, the value of a Stock determined as follows: i. If the Stock is trading on any established stock exchange or national market system, the Fair Market Value shall be closing sale price of on the Stock on the principal exchange on which Stock is then trading (or as reported on any composite index which included such principal exchange), on the trading day immediately preceding such date, or if Stock is not traded on such date, then on the next preceding date of which a trade... occurred, as reported in The Wall Street Journal or such other comparable quotation systems; or ii. If the Stock is not traded on an exchange, but is quoted on the Nasdaq or other comparable quotation system, the Fair Market Value shall be the mean between closing representative bid and ask prices for the Stock on the trading day immediately preceding such date or, if no bid and ask prices were reported on such date, then on the last date preceding such date on which both bid and ask prices were reported, all as reported by Nasdaq or such other comparable quotation system; or iii. If the Stock is not publicly traded on an exchange and not quoted on Nasdaq or a comparable quotation system, the Fair Market Value shall be determined in good faith by the Board or Committee or by an external valuation evaluator retained by the Company. View More

Fair Market Value. (i) if the Stock is traded on a national securities exchange, the closing trading price of a share of Stock for composite transactions, as published by The Wall Street Journal for the date in question; or (ii) if the Stock is not traded on a national securities exchange, the value of the Stock determined in good faith by the Committee in its sole discretion

Fair Market Value. Shall mean, as of any date, the closing sales price of Common Stock on that date as listed on any established stock exchange or a national market system, including without limitation the New York Stock Exchange, as reported in The Wall Street Journal or such other source as the Plan Administrator deems reliable. In the event that Fair Market Value is to be determined for a day which is not a Trading Day, the Fair Market Value shall be the closing sales price of the Common Stock on the... immediately preceding Trading Day. In the absence of an established market for the Common Stock, the Fair Market Value thereof shall be determined in good faith by the Plan Administrator. View More

Fair Market Value. Means, if the Company's Common Stock is then traded or quoted on a nationally recognized securities exchange, inter-dealer quotation system or over-the- counter market (a "Trading Market"), the fair market value of a share of Common Stock shall be the closing price or last sale price of a share of the Common Stock reported for the Business Day immediately before the date on which Holder delivers its Notice of Exercise to the Company. If the Company's Common Stock is not traded in a Trading... Market, the Board of the Company shall determine the fair market value of a share of Common Stock in its reasonable good faith judgment. View More

Fair Market Value. As of any date, the closing sales price of a Share on the NASDAQ Stock Market on such date, or if no trading occurs on such date, the trading day immediately preceding such date