Purchase Price of Shares. Except as provided in subparagraph ------------------------ 2.5
Purchase Price of Shares. For any options granted hereunder, the purchase price of the stock shall be the market price or 10% above the market price based upon regulations covering the granting of the option.
Purchase Price of Shares. The purchase price for any Shares sold and purchased pursuant to this Article III shall be equal to their Fair Market Value as determined under Article V of this Agreement. Notwithstanding the immediately preceding sentence, in the event that the Shareholder's employment is terminated by the Company for "cause", the purchase price for any Shares sold and purchased pursuant to this Article III shall be equal to the exercise price per Share tendered to the Company by the Shareholder upon exercise of the option pursuant to which the Shares were acquired. For purposes of this Agreement, if the Shareholder is a party to a written employment agreement with the Company or an affiliate which contains a definition of "cause", "termination for cause" or any other similar term or phrase, whether such Shareholder is terminated for "cause" pursuant to this Article III shall be determined according to the terms of and in a manner consistent with the provisions of such written employment agreement. If the Shareholder is not party to such a written employment agreement with the Company or an affiliate, then for purposes of this Article III, "cause" shall mean willful misconduct in connection with the Shareholder's duties or willful failure to perform his or her responsibilities in the best interests of the Company (including, without limitation, breach by the Shareholder of any provision of any employment, non-disclosure, non-competition or other similar agreement between the Shareholder and the Company). The good faith determination by the Board of Directors of the Company of whether the Shareholder's employment was terminated by the Company for "cause" shall be final and binding for all purposes hereunder.
Purchase Price of Shares. The price of the Shares shall be equal to the fair market value of the Shares. The fair market value of the Shares shall be the average of the closing bid and ask prices of the Company’s common stock on the National Association of Securities Dealers Automated Quotation National Market System (“NMS”) on the date of death or declaration of bankruptcy, as the case may be. If the Company’s common stock is not quoted on the NMS, then the fair market value shall be the average of the closing bid and ask prices of the Company’s common stock on the National Association of Securities Dealers Automated Quotation System or any comparable system on the date of death or declaration of bankruptcy, as the case may be. If the Company’s common stock is not quoted on any system, then the fair market value shall be the fair market value as has been determined by resolution of the Board of Directors of the Company within last 90 days prior to the date of death or declaration of bankruptcy. If such determination is not available, the fair market value of the Shares will be determined by an independent business appraiser (“Appraiser”) selected by the mutual agreement of the Founder and the Shareholder (or the executor or representative of such Shareholder’s estate in the event of the death of the Shareholder), or if the Founder and Shareholder or his representative cannot mutually agree on the appointment of an Appraiser, then each party shall select an Appraiser and the two Appraisers selected will then select a third Appraiser whose determination of the fair value of the Shares will be binding. The process of determining the fair market value of the Shares under Paragraph 3B of this Agreement will be made as expeditiously as practicable and the costs incurred to determine the fair market value of the Shares under this Paragraph 3B of the Agreement will be borne equally by the Founder and the Shareholder (or the executor or representative of such Shareholder’s estate in the event of the death of the Shareholder).
Purchase Price of Shares. During the period beginning on the date of this Agreement and ending on 11:59 p.m., Nashville, Tennessee time, on the date which is eighteen (18) months from the date of this Agreement (the "Initial Period"), (i) the aggregate purchase price of the UKDS Option Shares shall be Two Million U.S. Dollars ($2,000,000)(US); and (ii) the aggregate purchase price of the CCA Australia Option Shares shall be Two Million U.S. Dollars ($2,000,000)(US). During the period beginning on the day immediately following the end of the Initial Period and ending on 11:59 p.m., Nashville, Tennessee time, on the day of the second anniversary of the date of this Agreement (the "Subsequent Period"), (i) the aggregate purchase price of the UKDS Option Shares shall be Two Million One Hundred Thousand U.S. Dollars ($2,100,000)(US); and (ii) the aggregate purchase price of the CCA Australia Option Shares shall be Two Million One Hundred Thousand U.S. Dollars ($2,100,000)(US). The purchase price shall be payable by bank wire transfer or such other form of payment as may be acceptable to JJFMS and Sodexho.
Purchase Price of Shares. The purchase price per share of the Shares subject to purchase by reason of Section 6(a)(i-iv) hereof shall be the "Fair Market Value" of the Company as of the date of the Triggering Event, divided by the number of issued and outstanding Shares of the Corporation's Common Stock as of that same date. For purposes of this Agreement, the Fair Market Value of the Corporation shall be defined as the greater of (a) the sum of the Company's assets minus its liabilities, or (b) if the shares underlying the options are freely tradable, the ten day average Bid price of the Company's common stock on any regional or national exchange where its securities may trade on the date of the Triggering Event, or (c) if the shares underlying the options are restricted, the sum of fifty percent (50%) of the ten day average Bid price of the Company's common stock on any regional or national exchange where its securities may trade on the date of the Triggering Event
Purchase Price of Shares. The purchase price of Seller Shares (the “Purchase Price”) shall be One Thousand Dollars ($1,000), payable by Buyer to Seller at the Closing.
Purchase Price of Shares. The purchase price of the Shares shall be One Million Five Hundred Thousand Pounds ((pound)1,500,000). The purchase price shall be payable by bank wire transfer or such other form of payment as may be acceptable to CCA and CCAUK.
Purchase Price of Shares. The aggregate purchase price for the Shares shall be Fifty Thousand Dollars ($50,000.00) (the “Shares Purchase Price”). Buyer shall pay the Shares Purchase Price to Company at the Closing by check payable to the Company, by wire transfer to a bank account designated by the Company in accordance with wire transfer instructions provided by Buyer no later than three (3) Business Days prior to Closing, or by any combination of such methods.
Purchase Price of Shares. On the terms and subject to the conditions of this Agreement, the Shareholders shall convey, assign and transfer to RTI at the Closing all of the Shares, free and clear of all liens, charges, security interests, adverse claims, pledges, encumbrances and demand whatsoever. RTI shall purchase all of the Shares for a purchase price (the "Purchase Price") of Thirty-Five Million Dollars ($35,000,000), subject to adjustment by the amount by which the Consolidated Working Capital (as hereinafter defined) as of June 30, 1998 is different from the Consolidated Working Capital as of the Closing Date. For purposes of this Agreement, the term
