Common use of Put Price Clause in Contracts

Put Price. Upon the exercise of the Put, the purchase price for the Executive Securities (the "Put Price") shall be the Fair Market Value of such securities computed as of the date of the Put Event. The Board shall determine the Put Price within sixty (60) days following delivery of a Put Notice and such determination will be final and binding absent manifest error.

Put Price. Upon the exercise of the Put, the purchase price for the Executive Securities (the "Put PricePUT PRICE") shall be the Fair Market Value of such securities computed as of the date of the Put Event. The Board shall determine calculate the Put Price within sixty thirty (6030) days following delivery of a Put Notice and such determination will (provided, however, that Fair Market Value shall be final and binding absent manifest errordetermined in accordance with the definition thereof in Section 1).