Value of Shares. The fair market value of the shares of each class of Buying Fund received by Selling Fund Shareholders in the Reorganization will be approximately equal to the fair market value of the shares of each corresponding class of Selling Fund constructively surrendered in exchange therefor.
Value of Shares. The aggregate Fair Market Value (determined as of the date the Incentive Stock Option is granted) of the Shares with respect to which all Incentive Stock Options granted under this Plan and all other option plans of any Subsidiary or Affiliate become exercisable for the first time by each Grantee during any calendar year shall not exceed one hundred thousand United States dollars ($100,000) with respect to such Grantee. To the extent that the aggregate Fair Market Value of Shares with respect to which the Incentive Stock Options are exercisable for the first time by any Grantee during any calendar years exceeds one hundred thousand United States dollars ($100,000), such Options shall be treated as Nonqualified Stock Options. The foregoing shall be applied by taking options into account in the order in which they were granted, with the Fair Market Value of any Share to be determined at the time of the grant of the Option. In the event the foregoing results in the portion of an Incentive Stock Option exceeding the one hundred thousand United States dollars ($100,000) limitation, only such excess shall be treated as a Nonqualified Stock Option.
Value of Shares. The value of Xxxx Atlantic stock or Phantom --------------- Shares shall be determined as follows:
Value of Shares. 12 SECTION 3.24. Intercompany Indebtedness; Consideration................ 12
Value of Shares. For purposes of adjusting the number of Shares sold to Buyer, the value of the Shares (“Shares Value”) shall be established and shall be computed by multiplying the number of Shares (i.e., One Hundred Million (100,000,000)) by the Per Share Value.
Value of Shares. 17 SECTION 4.17. Intercompany Indebtedness; Consideration................ 17 ARTICLE 5 COVENANTS...................................................... 18 SECTION 5.1. Conduct of Business..................................... 18 SECTION 5.2. Expenses................................................ 18 SECTION 5.3. Further Assurances...................................... 18 SECTION 5.4. Notice of Events........................................ 19 SECTION 5.5. Consents, Approvals and Filings......................... 19 SECTION 5.6. Submission of Agreement to Shareholders................. 19
Value of Shares. The fair market value of Acquiring Fund Shares received by Acquired Fund Shareholders in the Reorganization will be approximately equal to the fair market value of the Acquired Fund Shares constructively surrendered in exchange therefor. Section 3.17
Value of Shares. For the purposes of the Offset Right, each share of Trega Common Stock (or right to acquire a share of Trega Common Stock) constituting a portion of the Escrow Shares shall be valued at an amount equal to the average closing price per share of Trega Common Stock on the Nasdaq National Market for the twenty (20) trading days preceding the date Damages are fixed. In the absence of a dispute regarding the amount of Damages, the date Damages are deemed fixed for purposes of the Offset Right shall be the date of the related Officer's Certificate.
Value of Shares. The aggregate Fair Market Value (determined as of the date the Incentive Stock Option is granted) of the shares of equity securities of the Company with respect to which Incentive Stock Options granted under this Plan and all other option plans of any Parent or Subsidiary become exercisable for the first time by each Grantee during any calendar year shall not exceed $100,000. To the extent such $100,000 limit has been exceeded with respect to any Options first becoming exercisable, including acceleration upon a Change in Control, and notwithstanding any statement in the Option Agreement that it constitutes an Incentive Stock Option, the portion of such Option(s) that exceeds such $100,000 limit shall be treated as a Nonqualified Stock Option.
Value of Shares. Unless otherwise determined by the Board and provided in the applicable Agreement, shares of any series of Common Stock delivered in payment of all or any part of the amounts payable in connection with the exercise of an Option, and shares of any series of Common Stock withheld for such payment, shall be valued for such purpose at their Fair Market Value as of the exercise date.
