Market Value definition
Examples of Market Value in a sentence
In the event of a bona fide gift or involuntary transfer, the proposed transfer price shall be deemed to be the Fair Market Value of the Transfer Shares, as determined by the Board in good faith.
For purposes of this Section, options designated as Incentive Stock Options are taken into account in the order in which they were granted, and the Fair Market Value of stock is determined as of the time the option with respect to such stock is granted.
If any portion of such consideration may be received by holders of Stock pursuant to the Change in Control on a contingent or delayed basis, the Board may, in its discretion, determine such Fair Market Value per share as of the time of the Change in Control on the basis of the Board’s good faith estimate of the present value of the probable future payment of such consideration.
Participant understands that Section 83 of the Code taxes as ordinary income the difference between the purchase price, if any, for the Shares and the Fair Market Value of the Shares as of each vesting date.
In the case of a Change of Control, the Company shall use commercially reasonable efforts to cause the Fair Market Value to be determined prior to the consummation of the Change of Control and the CVR Payment to be paid to the Holders of record as of a CVR Payment Record Date occurring immediately prior to such consummation, and any CVR Payment not so paid shall be assumed by the successor to the Company in accordance with Article 7.