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.
Appears in 3 contracts
Samples: Employee Stock Purchase Agreement (J Bird Music Group LTD), Restricted Stock Purchase Agreement (J Bird Music Group LTD), Employee Restricted Stock Purchase Agreement (J Bird Music Group LTD)
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.
Appears in 1 contract
Samples: Restricted Stock Purchase Agreement (Ibeam Broadcasting Corp)
