Section 409A Fair Market Value

Section 409A Fair Market Value. Means, if the Participating Company Stock is readily tradable on an established securities market as of the date of grant of an Option or Stock Appreciation Right, the Fair Market Value of the Participating Company Stock as of the date of grant. If the Stock is not readily tradable on an established securities market, the Section 409A Fair Market Value of the Participating Company Stock shall be determined by the Board using the reasonable application of a reasonable valuation method within the... meaning of Treas. Reg. §1.409A-1(b)(5)(iv)(B). View More