Valuation of Shares or Other Non-Cash Consideration Tendered in Payment of Purchase Price. For the purposes hereof, the fair market value of any share of the Company’s Common Stock or other non-cash consideration which may be delivered to the Company in exercise of this option shall be determined in good faith by the Board of Directors of the Company.
Appears in 12 contracts
Samples: Non Statutory Stock Option Agreement (Novavax Inc), Incentive Stock Option Agreement (Novavax Inc), Employment Agreement (MetaMorphix Inc.)
Valuation of Shares or Other Non-Cash Consideration Tendered in Payment of Purchase Price. For the purposes hereof, the fair market value of any share of the Company’s Common Stock or other non-cash consideration which may be delivered to the Company in exercise of this option shall be determined as provided in good faith by the Board of Directors of the CompanyPlan.
Appears in 8 contracts
Samples: Director Stock Option Agreement (Idexx Laboratories Inc /De), Employee Stock Option Agreement (Idexx Laboratories Inc /De), Director Stock Option Agreement (Idexx Laboratories Inc /De)
Valuation of Shares or Other Non-Cash Consideration Tendered in Payment of Purchase Price. For the purposes hereof, unless a recognized market value is available, the fair market value of any share of the Company’s Common Stock or other non-cash consideration which may be delivered to the Company in exercise of this option shall be determined in good faith by the Board of Directors of the Company.
Appears in 7 contracts
Samples: Incentive Stock Option Agreement (Smart Video Technologies Inc), Incentive Stock Option Agreement (Smart Video Technologies Inc), Non Qualified Stock Option Agreement (Avalon Pharmaceuticals Inc)
Valuation of Shares or Other Non-Cash Consideration Tendered in Payment of Purchase Price. For the purposes hereof, the fair market value of any share of the CompanyCorporation’s Common Stock or other non-cash consideration which may be delivered to the Company Corporation in exercise of this option shall be determined in good faith by the Board of Directors of the CompanyAdministrator.
Appears in 1 contract
Samples: Non Statutory Stock Option Agreement (Felicitex Therapeutics Inc.)
Valuation of Shares or Other Non-Cash Consideration Tendered in Payment of Purchase Price. For the purposes hereof, the fair market value of any share of the Company’s Common Stock Shares or other non-cash consideration which may be delivered to the Company in exercise of this option Option shall be determined as provided in good faith by the Board of Directors of the CompanyPlan.
Appears in 1 contract
Samples: Employee Stock Option Agreement (Idexx Laboratories Inc /De)
Valuation of Shares or Other Non-Cash Consideration Tendered in Payment of Purchase Price. For the purposes hereof, the fair market value of any share of the Company’s Common Stock or other (i) non-cash consideration which may be delivered to the Company in exercise of this option shall be determined in good faith by the Board board of Directors directors of the Company and (ii) share of the Company's Common Stock shall be equal to the last closing price on Nasdaq National Market, on the day prior to exercise of the option.
Appears in 1 contract
Samples: Art Technology Group Inc
Valuation of Shares or Other Non-Cash Consideration Tendered in Payment of Purchase Price. For the purposes hereof, the fair market value of any share of the Company’s ' s Common Stock or other non-cash consideration which may be delivered to the Company in exercise of this option shall be determined in good faith by the Board of Directors of the Company.Directors. (c)
Appears in 1 contract
Samples: Stock Incentive Plan Non Statutory Stock Option Agreement (Mapinfo Corp)
