Method of Valuation. For all purposes of this Agreement, the Fair Market Value of shares of Company Stock on any date shall mean the average of the highest and lowest quoted selling prices for the Company Stock on the relevant date, or (if there were no sales on such date) the average of the means between the highest and lowest quoted selling prices on the nearest day before and the nearest day after the relevant date, as reported in The Wall Street Journal or a similar publication selected by the Committee.
Appears in 3 contracts
Samples: Director Nonqualified Stock Option Agreement (Sybron Dental Specialties Inc), Director Nonqualified Stock Option Agreement (Sybron Dental Specialties Inc), Director Nonqualified Stock Option Agreement (Sybron International Corp)
Method of Valuation. For all purposes of this Agreement, the Fair Market Value of shares of Company Stock on any date shall mean the average of the highest and lowest quoted selling prices for the Company Stock on the relevant date, or (if there were no sales on such date) the weighted average of the means between the highest and lowest quoted selling prices on the nearest day before and the nearest day after the relevant date, as reported in The Wall Street Journal or a similar publication selected by the Committee.
Appears in 1 contract
Samples: Director Nonqualified Stock Option Agreement (Sybron International Corp)
