Common use of Market Value Clause in Contracts

Market Value. “Market Value” as of a particular date shall mean (i) the closing sales price per share of Common Stock as reported by the NASDAQ on that date, or (ii) if the shares of Common Stock are not listed or admitted to trading on the NASDAQ, the closing price on the national securities exchange on which such stock is principally traded on that date, or (iii) if the shares of Common Stock are not then listed on the NASDAQ or on another national securities exchange, the average of the highest reported bid and lowest reported asked prices for the shares of Common Stock on that date or (iv) if the shares of Common Stock are not then listed on any securities exchange and prices therefor are not then reported, such value as determined in good faith by the Board (or any duly authorized committee thereof) as of that date.

Appears in 8 contracts

Samples: 2020 Stock Incentive Plan (Columbia Sportswear Co), 2020 Stock Incentive Plan (Columbia Sportswear Co), Award Agreement (Columbia Sportswear Co)

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Market Value. Market Value" as of a particular date shall mean (i) the closing sales price per share of Common Stock as reported by the NASDAQ NSM on that date, or (ii) if the shares of Common Stock are not listed or admitted to trading on the NASDAQNSM, the closing price on the national securities exchange on which such stock is principally traded on that date, or (iii) if the shares of Common Stock are not then listed on the NASDAQ NSM or on another national securities exchange, the average of the highest reported bid and lowest reported asked prices for the shares of Common Stock on that date or (iv) if the shares of Common Stock are not then listed on any securities exchange and prices therefor are not then reported, such value as determined in good faith by the Board of Directors (or any duly authorized committee thereof) as of that date.

Appears in 5 contracts

Samples: Award Agreement (Columbia Sportswear Co), Award Agreement (Columbia Sportswear Co), Award Agreement (Columbia Sportswear Co)

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Market Value. “Market Value” as of a particular date shall mean (i) the closing sales price per share of Common Stock as reported by the NASDAQ NSM on that date, or (ii) if the shares of Common Stock are not listed or admitted to trading on the NASDAQNSM, the closing price on the national securities exchange on which such stock is principally traded on that date, or (iii) if the shares of Common Stock are not then listed on the NASDAQ NSM or on another national securities exchange, the average of the highest reported bid and lowest reported asked prices for the shares of Common Stock on that date or (iv) if the shares of Common Stock are not then listed on any securities exchange and prices therefor are not then reported, such value as determined in good faith by the Board of Directors (or any duly authorized committee thereof) as of that date.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Columbia Sportswear Co), Award Agreement (Columbia Sportswear Co), Restricted Stock Unit Award Agreement (Columbia Sportswear Co)

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