Fair Market value” may be conclusively established by means of an Officer’s Certificate or a resolution of the Board of Directors of the Company setting out such fair market value as determined by such Officer or such Board of Directors in good faith.
Fair Market. Value" of a share of Company Series A Common Stock or Company Series B Common Stock on any day means the last sale price (or, if no last sale price is reported, the average of the high bid and low asked prices) for a share of such series on such day (or, if such day is not a trading day, on the next preceding trading day) as reported on NASDAQ or, if not reported on NASDAQ, as quoted by the National Quotation Bureau Incorporated, or if such series is listed on an exchange, on the principal exchange on which such series is listed. If for any day the Fair Market Value of a share of any Company Series A Common Stock or Company Series B Common Stock is not determinable by any of the foregoing means, then the Fair Market Value for such day shall be determined in good faith by the Company Board on the basis of such quotations and other considerations as the Company Board deems appropriate.
Examples of Fair Market in a sentence
The Fair Market Value of the Shares to be withheld shall be determined on the date that the amount of tax to be withheld is to be determined.
The Fair Market Value of the Shares shall be determined as of the time the Option with respect to such Shares is granted.
If there is no closing selling price for the Common Stock on the date in question, then the Fair Market Value shall be the closing selling price on the last preceding date for which such quotation exists.
In the absence of an established market for the Common Stock, the Fair Market Value thereof shall be determined in good faith by the Administrator.
In the absence of an established market for the Common Stock, the Fair Market Value shall be determined in good faith by the Administrator.
More Definitions of Fair Market
Fair Market. Value" of any shares of Common Stock issued or issuable upon exercise of the Warrants shall mean the fair market value of such shares on the date of determination, which shall be determined as follows:
Fair Market. Value" of a share of Common Stock as of any date shall mean, as of any date, the average of the closing prices of Common Stock for the twenty (20) consecutive Trading Days next preceding the date five (5) days prior to the date in question. The closing price for each day shall be:
Fair Market. Value shall mean, with respect to Common Stock of the Company, the price at which the Stock sold on the last normal transaction of the trading day on a specified date, or if no trading occurs on such specified date, on the most recent preceding business day on which trading occurred, as quoted on the New York Stock Exchange. Investment Options shall mean the investment indices or securities selected by the Company among which the Colleague will select for the purpose of determining how the Colleague’s Dividend Equivalent Unit Account will be deemed to be invested in order to determine the amount of earnings or losses to be credited or debited to the Colleague’s Dividend Equivalent Unit Account. Specifically, the Investment Options are the S&P 500 Composite Index, the Xxxxxx Brothers Aggregate Bond Index and the Three Month U. S. Treasury Xxxx. Investment Performance shall mean the total return amount of the S& P 500 Composite Index and the Xxxxxx Brothers Aggregate Bond Index for these Investment Options and the average quarterly yield of the Three Month U.S. Treasury Xxxx Investment Option reported in the Wall Street Journal or if not so reported, in any nationally recognized financial publication, as of the last day of each calendar quarter.
Fair Market. Value shall mean, with respect to Common Stock of the Company, the price at which the Stock sold on the last normal transaction of the trading day on a specified date, or if no trading occurs on such specified date, on the most recent preceding business day on which trading occurred, as quoted on the New York Stock Exchange.
Fair Market means, as of any date, the value of Common Stock determined as follows:
Fair Market. Value" of a share of Warrant Shares or Common Stock (issued upon net exercise thereof) as of a particular date means: (a) if traded on an exchange or quoted on The NASDAQ National Market, then the average closing prices of the Common Stock for the ten trading days ending with the second prior trading day, (b) if exercise is effective as of the closing of the Company's initial public offering of any securities pursuant to a registration statement under the Securities Act, the "price to public" specified for such shares in the final prospectus for such public offering, (c) if listed by the National Daily Quotation Service "Pink Sheets," then the average of the closing bid and ask prices of the Common Stock for the ten trading days ending with the second prior trading day, and (d) otherwise, the price as determined in good faith by the Board of Directors of the Company.
Fair Market value means a value as determined by either the local tax assessor, an appraisal by a licensed appraiser, or a market analysis by a licensed realtor.