Fair Market Value

Fair Market Value. Shall mean the average of the closing prices of the shares of Common Stock as quoted in the Trading Market over the five (5) consecutive Trading Days immediately preceding the date of determination of fair market value. If the Warrant is being exercised in connection with a Change of Control Event, the “Fair Market Value” of one share of Common Stock shall be the amount that such Common Stock would receive in connection therewith.

Fair Market Value. Of a share of PepsiCo Common Stock on any date shall mean an amount equal to the average of the high and low market prices at which a share of PepsiCo 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 by Bloomberg, L.P., or any successor thereto or any other financial reporting service selected by PepsiCo in good faith.

Fair Market Value. With respect to a share of Common Stock, as of the applicable date of determination or if the market is not open for trading on such date, the immediately preceding day on which the market is open for trading, as reported on the OTC market or, if listed, the principal securities exchange on which shares of Common Stock are then listed or admitted to trading. In the event that the price of a share of Common Stock shall not be so reported, the Fair Market Value of a share of Common Stock shall be... determined by the Committee in its sole discretion View More

Fair Market Value. Means as of any date the purchase price that a willing buyer having all relevant knowledge would pay a willing seller for the applicable Service Provider Unit in an arm's length transaction, as determined in good faith by the Board based on such factors as the Board, in the exercise of its reasonable business judgment, considers relevant. Notwithstanding anything to the contrary contained herein, all determinations of Fair Market Value shall be made without regard to any restriction other than... a restriction which, by its terms, will never lapse. View More

Fair Market Value. (n) "Fair Market Value" means, as of any date, the value of a Unit, as determined in good faith by the Board in accordance with Section 409A of the Code.

Fair Market Value. As of any date, the value of the Common Stock as determined below. If the Common Stock is listed on any established stock exchange or a national market, including without limitation, the New York Stock Exchange or the Nasdaq Stock Market, the Fair Market Value shall be the weighted average closing price as quoted on such exchange or system for the thirty consecutive trading days immediately preceding the date of the option (for a day to be included in the calculation, there must have been at... least 100 shares traded on that day). In the absence of an established market for the Common Stock, the Fair Market Value shall be determined in good faith by the Company and such determination shall be conclusive and binding on all persons View More

Fair Market Value. Unless the Committee determines otherwise, a price that is based on the closing price of a Share reported on Nasdaq on the applicable date or on the established stock exchange which is the principal exchange upon which the Shares are traded on the applicable date or, if the Shares are not traded on such date, the immediately preceding trading day. Alternatively, if the Shares are exclusively traded over the counter at the time a determination of Fair Market Value is required to be made... hereunder, Fair Market Value shall be deemed to be equal to the arithmetic mean between the reported high and low or closing bid and asked prices of a Share on the applicable date, or, if no such trades were made that day, then the most recent date on which the Shares were so traded. In the event the Shares are not publicly traded at the time a determination of their value is required to be made hereunder, the determination of their Fair Market Value shall be made by the Committee in such manner as it deems appropriate provided such manner is consistent with Treasury Regulation 1.409A-1(b)(5)(iv)(B). The Fair Market Value that the Committee determines shall be final, binding and conclusive on the Company, any Affiliate and each Participant. View More

Fair Market Value. As of any given date (a) the closing price of the Common Stock on American Stock Exchange, Inc. as reported in the Wall Street Journal; or (b) if the Common Stock is no longer quoted on American Stock Exchange, Inc. but is listed on another established stock exchange or quoted on any established interdealer quotation system, the closing price for the Common Stock on such exchange or system, as reported in the Wall Street Journal

Fair Market Value. Shall mean the value of one share of Ordinary Shares, determined as follows: (1) If the Ordinary Shares are traded on a nationally recognized exchange or the Nasdaq, the closing reported price as reported for composite transactions on the date of valuation or, if no sales occurred on that date, then at the end of the next trading day; (2) If the Ordinary Shares are traded over-the-counter or with no closing price, the average of the highest bid and lowest asked prices quoted in the Nasdaq... system as of the close of business on the date of valuation, or, if on such day such security is not quoted in the Nasdaq system, the average of the representative bid and asked prices on such date in the domestic over-the-counter market as reported by the National Quotation Bureau, Inc., or any similar successor organization; and (3) If neither (1) nor (2) applies, the fair market value as determined by the Board in good faith. Such determination shall be conclusive and binding on all persons View More

Fair Market Value. The average of the closing prices of a share of such Common Stock as reported on the Composite Tape for the New York Stock Exchange during the sixty (60) day period immediately preceding the payment date relating to the applicable Performance Period.