Fair Market Value

Fair Market Value. Means, with respect to the Company's Common Stock, the closing quoted selling price of a share of Common Stock as reported on the composite tape for securities listed on the New York Stock Exchange for the relevant date of determination.

Fair Market Value. On the applicable date, or if the applicable date is not a date on which the NYSE is open the next preceding date on which the NYSE is open, the last sale price with respect to such Common Stock reported on the NYSE or, if on any such date such Common Stock is not quoted by NYSE, the average of the closing bid and asked prices with respect to such Common Stock, as furnished by a professional market maker making a market in such Common Stock selected by the Committee in good faith; or, if no... such market maker is available, the fair market value of such Common Stock as of such day as determined in good faith by the Committee View More

Fair Market Value. As of any date, the closing price for a share of Common Stock as reported daily in The Wall Street Journal or a similar readily available public source. If no sales of shares were made on such date, the closing price of a share as reported for the preceding day on which sale of shares were made shall be used

Fair Market Value. The New York Stock Exchange Composite Transactions average closing price for the Common Stock reflected in The Wall Street Journal or another publication selected by the Board for the ten (10) days preceding the day the Option is granted to each eligible employee. If Shares of Common Stock have not been traded on the New York Stock Exchange for more than 10 days immediately preceding the granting of an Option, or if deemed appropriate by the Board for any other reason, the Fair Market Value of... shares of Common Stock shall be as determined by the Board in such other manner as it may deem appropriate View More

Fair Market Value. (i) with respect to a Share, the last reported sale price of a Share on the date of determination, or on the most recent date on which the Share is traded prior to that date, as reported on the NASDAQ Global Select Market, and (ii) with respect to any other property, the fair market value of such property determined by such methods or procedures as shall be established from time to time by the Committee

Fair Market Value. Means (a) in the case of any Spin-Off that is effected simultaneously with an Initial Public Offering of such securities, the initial public offering price of those securities, and (b) in the case of any other Spin-Off, the average of the Closing Prices of those securities over the first 10 Trading Days after the effective date of such Spin-Off.

Fair Market Value. Shall mean as of any applicable date, (i) if the principal securities market on which the Common Stock is traded is a national securities exchange, The Nasdaq National Market ('NNM') or The Nasdaq SmallCap Market ('NSM'), the closing price of the Common Stock on such exchange, the NNM or the NSM, as the case may be, as of the applicable date, or if no sale of the Common Stock shall have occurred on such date, on the next preceding date on which there was a reported sale; (ii) if the principal... securities market on which the Common Stock is traded is not a national securities exchange, the NNM or the NSM, the average of the bid and asked prices reported by the National Quotation Bureau, Inc.; (iii) if not reported by the National Quotation Board, the closing price of a share of Common Stock on the date of grant as reported on the OTC Bulletin Board; or (iv) if the price of the Common Stock is not so reported, the Board of Directors' good faith determination of the fair value of one share of Common Stock as of the applicable reference date, which determination shall be consistent with the requirements of Section 422(c) of the Code View More

Fair Market Value. The value of one (1) share of Common Stock on the relevant date, determined as follows: (1) If the shares are traded on an exchange, the reported "closing price" on the trading day which precedes the relevant day (e.g., the Offering Date or Purchase Date); (2) If (1) does not apply, the fair market value as determined by the Committee in good faith. Such determination shall be conclusive and binding on all persons.

Fair Market Value. Of one share of Warrant Stock as of a particular date shall mean, and be determined, as follows: (a) If the Warrant Stock is traded on a U.S. national securities exchange, including but not limited to the NASDAQ Global Market or the NASDAQ Capital Market, then the Fair Market Value shall be deemed to be the average of the closing sale prices on such exchange over the five (5) Trading Days ending immediately prior to the applicable date of valuation; (b) If the Warrant Stock is not traded on any... national securities exchange nor quoted on any market quotation system, then the Fair Market Value shall be the value as determined in good faith by the Company's Board of Directors upon a review of relevant factors, including recent sales of the Company's securities; and (c) If this Warrant is exercised in connection with and immediately prior to the Company's Qualified IPO, or in connection with and immediately prior to an IPO that is not a Qualified IPO, then the Fair Market Value shall be deemed to be equal to the "Price to the Public" as specified in the final prospectus with respect to such IPO multiplied by the number of shares, including any fractions thereof, of Common Stock issuable upon conversion of one share of Warrant Stock immediately prior to the Qualified IPO or IPO View More

Fair Market Value. The fair market value of Stock as determined by the outside appraiser(s), who is (are) selected by the Chief Executive Officer of the Corporation with the approval of the Chief Financial Officer of Lincoln and who is (are) not the outside auditor for the Corporation or for Lincoln, applying the principles set forth in Appendix A.