Common use of Fair Market Value of Common Stock Clause in Contracts

Fair Market Value of Common Stock. The fair market value of a share of Company Common Stock shall be determined for purposes of this Agreement by reference to the closing price on the New York Stock Exchange (or other principal stock exchange on which such shares are then listed) or, if such shares are not then listed on such exchange (or other principal stock exchange), by reference to the closing price (if a National Market Issue) or the mean between the bid and asked price (if other over-the-counter issue) of a share as supplied by the National Association of Securities Dealers through NASDAQ (or its successor in function), in each case as reported by The Wall Street Journal, for the date on which the option is granted or exercised, or if such date is not a business day, for the business day immediately preceding such date (or, if for any reason no such price is available, in such other manner as the Committee may deem appropriate to reflect the then fair market value thereof).

Appears in 9 contracts

Samples: Employment Agreement (Bell Industries Inc), Employment Agreement (Bell Industries Inc), Employment Agreement (Bell Industries Inc)

AutoNDA by SimpleDocs

Fair Market Value of Common Stock. The fair market value of a share shares of Company Common Stock shall be determined for purposes of this Agreement by reference to the closing price on the New York Stock Exchange (or other principal stock exchange on which such shares are then listed) listed or, if such shares are not then listed on such exchange (or other principal a stock exchange), by reference to the closing price (if a approved for quotation on the NASDAQ National Market IssueSystem) or the mean between the bid and asked price (if other over-the-counter issue) of a share as supplied by the National Association of Securities Dealers Dealers, Inc. through NASDAQ (or its successor in function), in each case as reported by The Wall Street Journal, for the date on which the option is granted or exercised, or if such date is not a business dayTHE WALL STREET JOURNAL, for the business day immediately preceding such the date on which the Option is granted (which, for all purposes, shall be the Date of Grant) or exercised (or, if for any reason no such price is available, in such other manner as the Committee may deem appropriate to reflect the then fair market value thereof).

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Tarrant Apparel Group), Non Qualified Stock Option Agreement (Tarrant Apparel Group), Non Qualified Stock Option Agreement (Tarrant Apparel Group)

AutoNDA by SimpleDocs

Fair Market Value of Common Stock. The fair market value of a share of Company Common Stock of the Company shall be determined for purposes of this Agreement the Plan by reference to the closing price on the New York Stock Exchange (or other principal stock exchange on which such shares are then listed) listed or, if such shares are not then listed on such exchange (or other principal a stock exchange), by reference to the closing price (if a approved for quotation on the NASDAQ National Market IssueSystem) or the mean between the bid and asked price (if other over-the-counter issue) of a share as supplied by the National Association of Securities Dealers Dealers, Inc. through NASDAQ (or its successor in function), in each case as reported by The Wall Street Journal, for the business day immediately preceding the date on which the option is granted or exercised, or if such date is not a business day, for the business day immediately preceding such date exercised (or, if for any reason no such price is available, in such other manner as the Committee may deem appropriate to reflect the then fair market value thereof).

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Lyon William)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!