Common use of Fair Market Value Calculation Clause in Contracts

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)

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