Fair Market Value Calculation. Notwithstanding the definition of “Fair Market Value” contained in the Management Shareholders Agreement, in the event that (x) pursuant to an application of Article 5 of the Management Shareholders Agreement the Board determines the Fair Market Value of a Termination Security (as defined in the Management Shareholders Agreement) pursuant to clause (b) of such definition of Fair Market Value (such determination, the “Board Determination”), the following provisions shall apply:
Appears in 8 contracts
Samples: Employment Agreement (Warner Chilcott CORP), Employment Agreement (Warner Chilcott LTD), Employment Agreement (Warner Chilcott LTD)