Common use of Stock Valuation Clause in Contracts

Stock Valuation. Should a dispute occur concerning a determination of “Then Current Fair Market Value” of any stock owned or acquired by Executive pursuant to this Agreement or otherwise, then the Executive and Employer’s designated representative shall confer to select an independent stock valuation expert who shall render a decision as to the then Fair Market Value of the stock which shall be binding on the parties. The fees and costs charged by such valuation expert shall be paid the Employer.

Appears in 2 contracts

Samples: Executive Employment Agreement (Mariner, LLC), Executive Employment Agreement (Mariner, LLC)

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Stock Valuation. Should a dispute occur concerning a determination of "Then Current Fair Market Value" of any stock owned or acquired by Executive pursuant to this Agreement or otherwise, then the Executive and Employer’s 's designated representative shall confer to select an independent stock valuation expert who shall render a decision as to the then Then Fair Market Value of the stock which shall be binding on the parties. The fees and costs charged by such valuation expert shall be paid the Employer.

Appears in 2 contracts

Samples: Executive Employment Agreement (Seven Seas Cruises S. DE R.L.), Executive Employment Agreement (Seven Seas Cruises S. DE R.L.)

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