Determination of Fair Market Value. For purposes of this Section 11.2, "fair market value" of a share of Common Stock shall have the meaning set forth in Section 4(j) above, provided however, if the shares of Common Stock are traded, then "fair market value" shall be determined by the closing price, the last sales price or the average of the closing bid and ask prices, as applicable, on the date of exercise.
Appears in 13 contracts
Samples: Shells Seafood Restaurants Inc, Shells Seafood Restaurants Inc, Shells Seafood Restaurants Inc
Determination of Fair Market Value. For purposes of this Section 11.2------------------------------------- ------- 10.2, "fair market value" of a share of Common Stock shall have the meaning set ---- forth in Section 4(j) above, provided however, if the shares of Common Stock ------------- ------------------ are traded, then "fair market value" shall be determined by the closing price, the last sales price or the average of the closing bid and ask prices, as applicable, on the date of exercise.
Appears in 3 contracts
Samples: Taylor Madison Corp, Taylor Madison Corp, Taylor Madison Corp
Determination of Fair Market Value. For purposes of this Section ------------------------------------- ------- 11.2, "fair market value" of a share of Common Stock shall have the meaning set ---- forth in Section 4(j) above, provided however, if the shares of Common Stock ------------- ------------------ are traded, then "fair market value" shall be determined by the closing price, the last sales price or the average of the closing bid and ask prices, as applicable, on the date of exercise.
Appears in 2 contracts
Samples: Taylor Madison Corp, Taylor Madison Corp
