Common use of Valuation of Common Stock Clause in Contracts

Valuation of Common Stock. Each Purchaser understands that the Stock has been valued by the board of directors of the Corporation and that the Corporation believes this valuation represents a fair attempt at reaching an accurate appraisal of its worth; each Purchaser understands, however, that the Corporation can give no assurances that such price is in fact the fair market value of the Stock and that it is possible that, with the benefit of hindsight, the Internal Revenue Service would successfully assert that the value of the Common Stock on the date of purchase is greater than so determined.

Valuation of Common Stock. Each The Purchaser understands that the Stock has Shares have been valued by the board Board of directors of the Corporation Directors and that the Corporation Company believes this valuation represents a fair attempt at reaching an accurate appraisal of its their worth; each . The Purchaser understands, however, that the Corporation Company can give no assurances that such price is in fact the fair market value of the Stock and that it is possible that, with the benefit of hindsight, the Internal Revenue Service would successfully assert that the value of the Common Stock on the date of purchase is greater than so determinedShares.

Valuation of Common Stock. Each Purchaser understands that the Stock has been valued by the board Company's Board of directors of the Corporation Directors and that the Corporation Company believes this valuation represents a fair attempt at reaching an accurate appraisal of its worth; each . Purchaser understands, however, that the Corporation Company can give no assurances that such price is in fact the fair market value of the Stock Stock, and that it is possible that, with the benefit of hindsight, the Internal Revenue Service would successfully assert that the value of the Common Stock on the date of purchase is substantially greater than so determined.