RH Fair Market Value definition
RH Fair Market Value means the average closing price of a share of the Common Stock as reported on the principal exchange, electronic trading network or recognized quotation system on which the Common Stock is then listed or quoted over the ten (10) most recent trading days; provided, that, in the event the shares are not listed for trading on an exchange or quoted on an electronic trading network or recognized quotation system, the RH Fair Market Value shall be determined in good faith by the Board, subject to reasonable and customary appraisal rights of the Company Preferred Shareholders.
Examples of RH Fair Market Value in a sentence
Upon the approval of any Company Preferred Shareholder holding Common Stock with a RH Fair Market Value of at least $1,000,000, Parent may amend or modify any term or provision of this Agreement affecting the rights of such Company Preferred Shareholder hereunder.