FAIR MARKET VALUE OF STOCK Sample Clauses

FAIR MARKET VALUE OF STOCK. The Board of Directors has determined, in good faith and in its best judgment, that the fair market value per share of Stock as of the date this stock option is granted is $_____.
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FAIR MARKET VALUE OF STOCK. The Board of Directors has determined, in good faith and in its best judgment, that the fair market value per share of Stock as of the Date of Grant was $10.00.
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FAIR MARKET VALUE OF STOCK. If, at the time the Option is granted under -------------------------- the Plan, the Corporation's Stock is publicly traded, "fair market value" shall ----------------- be determined as of the last business day for which the prices or quotes discussed in this sentence are available prior to the date such Option is granted and shall mean (i) the average (on that date) of the high and low prices of the Stock on the principal national securities exchange on which the Stock is traded, if the Stock is then traded on a national securities exchange; or (ii) the last reported sale price (on that date) of the Stock on the NASDAQ National Market List, if the Stock is not then traded on a national securities exchange and is reported on the NASDAQ National Market List; or (iii) the average of the closing bid and asked prices last quoted (on that date) by an established quotation service for over-the-counter securities, if the Stock is not then traded on a national securities exchange and is not then reported on the NASDAQ National Market List. However, if the Stock is not publicly traded at the time the Option is granted under the Plan, "fair market value" shall be deemed to be the fair value of the Stock as determined by the Corporation's Board of Directors or any Compensation Committee thereof (the "Committee"), after taking --------- into consideration all factors which it deems appropriate, including, without limitation, recent sale and offer prices of the Stock in private transactions negotiated at arm's length, if any. The determination by the Board of Directors or the Committee of fair market value shall be conclusive and binding. The fair market value of the Stock in question shall be determined as of the day on which the event occurs.
Sample 1
FAIR MARKET VALUE OF STOCK. (A) If MajorCorp is not Publicly Held, the fair market value of any common stock to be issued in exchange for CPP's Interest, for purposes of any determination referred to in Section 13.6(a) or Section 13.6(b), will equal the product of (1) the percentage of the total common stock of MajorCo represented by such common stock multiplied by (2) the price at which a willing seller would sell, and a willing buyer would buy, 100% of the common stock of MajorCorp, as determined by the First Appraiser and the Second Appraiser designated pursuant to Section 13.6(g)(i) (and, if applicable, by a Third Appraiser selected by such appraisers) in the manner described in Section 11.4 of the Holdings Partnership Agreement, and with the results of the individual appraisals being averaged in the manner described in Section 11.4 of the Holdings Partnership Agreement. The fair market value of such stock as of the closing date of any Transfer of an Interest, for purposes of Section 13.6(e)(ii)(C), shall be the fair market value of such stock as determined above immediately prior to the election pursuant to Section 13.6(a) or Section 13.6(b) with respect to which such Transfer is being made or, if the closing date is more than six months after the applicable date referred to in Section -97- December 12, 1996
Sample 1
FAIR MARKET VALUE OF STOCK. If the Stock is publicly traded, "fair market value" shall be determined as of the last business day for which the prices or quotes discussed in this sentence are available prior to the date in question and shall mean 1. the average (on that date) of the high and low prices of the Stock on the principal national securities exchange on which the Stock is traded, if the Stock is then traded on a national securities exchange;or 2. the last reported sale price (on that date) of the Stock on the NASDAQ National Market List, if the Stock is not then traded on a national securities exchange; or 3. the closing bid price last quoted (on that date) by an established quotation service for over-the-counter securities, if the Stock is not reported on the NASDAQ National Market List. However, if the Stock is not publicly traded at the time in question, "fair market value" shall be deemed to be the fair value of the Stock as determined by the Committee after taking into consideration all factors which it deems appropriate, including, without limitation, recent sale and offer prices of the Stock in private
Sample 1
FAIR MARKET VALUE OF STOCK. The fair market value as of any date of each share of Series 2 PCS Stock to be issued in exchange for CPP's Interest will be the average for the twenty full trading days preceding such date of (A) the last reported sales prices, regular way, as reported on the principal national securities exchange on which shares of Series 1 PCS Stock are listed or admitted for trading or (B) if shares of Series 1 PCS Stock are not listed or admitted for trading on any national securities exchange, the last reported sales prices, regular way, as reported on the Nasdaq National Market or, if shares of Series 1 PCS Stock are not listed on the Nasdaq National Market, the average of the highest bid and lowest asked prices on each such trading day as reported on the Nasdaq Stock Market, or (C) if shares of Series 1 PCS Stock are not listed or admitted to trading on any national securities exchange, the Nasdaq National Market or the Nasdaq Stock Market, the average of the highest bid and lowest asked prices on each such trading day in the domestic over-the-counter market as reported by the National Quotation Bureau, Incorporated, or any similar successor organization. For purposes of this Section 13.6(g)(iii), a "trading day" means a day on which the principal national securities exchange on which shares of Series 1 PCS Stock are listed or admitted to trading, or the Nasdaq National Market or the Nasdaq
Sample 1
FAIR MARKET VALUE OF STOCK. For purposes of this Agreement, the fair market value of Stock on any particular date shall be (i) the closing bid price for the Stock as quoted on the NASDAQ quotation service of the National Association of Securities Dealers, Inc., or (ii) the closing sales price for the Stock as quoted on any national securities exchange, for the immediately preceding day for which such quotations were made, or if price information for the Stock is not quoted on the NASDAQ quotation service or on a national securities exchange, the fair market value of the Stock shall be as determined in good faith in accordance with regulations of the United States Secretary of the Treasury relating to the valuation of stock subject to incentive stock options.
Sample 1
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FAIR MARKET VALUE OF STOCK. If, at any time an Option is granted under the Plan, the Company's Stock is publicly traded, "fair market value" shall be determined as of the last business day for which the prices or quotes discussed in this sentence are available prior to the date such Option is granted and shall mean (i) the average (on that date) of the high and low prices of the Stock on the principal national securities exchange on which the Stock is traded, if the Stock is then traded on a national securities exchange; or (ii) the last reported sale price (on that date) of the Stock on the NASDAQ Smallcap Market List, if the Stock is not then traded on a national securities exchange; or (iii) the average of the closing bid and asked prices last quoted (on that date) by an established quotation service for over-the-counter securities, if the Stock is not reported on the NASDAQ Smallcap Market List. However, if the Stock is not publicly traded at the time an option is granted under the Plan, "fair market value" shall be deemed to be the fair value of the Stock as determined by the Committee after taking into consideration all factors which it deems appropriate, including, without limitation, recent sale and offer prices of the Stock in private transactions negotiated at arm's length.
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FAIR MARKET VALUE OF STOCK 
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Related to FAIR MARKET VALUE OF STOCK

  • Fair Market Value of Common Stock The fair market value (“Fair Market Value”) of a share of Common Stock shall be determined for purposes of this Agreement by reference to the closing price of a share of Common Stock as reported by the New York Stock Exchange (or such other exchange on which the shares of Common Stock are primarily traded) for the applicable date, or if no prices are reported for that day, the last preceding day on which such prices are reported (or, if for any reason no such price is available, in such other manner as the Committee in its sole discretion may deem appropriate to reflect the fair market value thereof).

  • Fair Market Value Fair Market Value of a share of Common Stock as of a particular date (the "Determination Date") shall mean:

  • Target Fair Market Value The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account at the time of signing the definitive agreement for the Business Combination with such Target Business (excluding taxes payable and the Deferred Underwriting Commissions). The fair market value of such business must be determined by the Board of Directors of the Company based upon standards generally accepted by the financial community, such as actual and potential sales, earnings, cash flow and book value. If the Board of Directors of the Company is not able to independently determine that the target business meets such fair market value requirement, the Company will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions with respect to the satisfaction of such criteria. The Company is not required to obtain an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

  • Market Value Market value shall be determined by the Lending Agent, where applicable, based upon the valuation policies adopted by the Client’s Board of Directors/Trustees.

  • Determination of Fair Market Value For purposes of this Section 10.2, “fair market value” of a share of Common Stock as of a particular date (the “Determination Date”) shall mean:

  • Market Value Adjustment 16 3.07 Transfer of Current Value from the Funds or AG Account ............ 17 3.08 Notice to the Certificate Holder .................................. 18 3.09 Loans ............................................................. 18 3.10 Systematic Withdrawal Option (SWO) ................................ 18 3.11

  • Date of Exercise The "Date of Exercise" of the Warrant shall be defined as the date that the advance copy of the completed and executed Exercise Form is sent by facsimile to the Company, provided that the original Warrant and Exercise Form are received by the Company as soon as practicable thereafter. Alternatively, the Date of Exercise shall be defined as the date the original Exercise Form is received by the Company, if Holder has not sent advance notice by facsimile.

  • Current Per Share Market Value For the purpose of any computation hereunder, the “Current Per Share Market Value” of any security (a “Security” for the purpose of this Section 11.4.1) on any date shall be deemed to be the average of the daily closing prices per share of such Security for the thirty (30) consecutive Trading Days (as such term is hereinafter defined) immediately prior to such date; provided, however, that in the event that the current per share market price of the Security is determined during any period following the announcement by the issuer of such Security of (i) a dividend or distribution on such Security payable in shares of such Security or securities convertible into such shares or (ii) any subdivision, combination or reclassification of such Security, and prior to the expiration of

  • Certification of Adjusted Exercise Price or Number of Shares of Common Stock Whenever the Exercise Price or the number of shares of Common Stock issuable upon the exercise of each Warrant is adjusted as provided in Section 11 or 13, the Company shall (a) promptly prepare a certificate setting forth the Exercise Price of each Warrant as so adjusted, and a brief statement of the facts accounting for such adjustment, (b) promptly file with the Warrant Agent and with each transfer agent for the Common Stock a copy of such certificate and (c) instruct the Warrant Agent to send a brief summary thereof to each Holder of a Warrant Certificate.

  • Grant Date The Grant Date of the Option hereby granted is .

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