Established Securities Market means a national securities exchange that is registered under Section 6 of the Exchange Act; a foreign national securities exchange that is officially recognized, sanctioned, or supervised by governmental authority; and any over-the-counter market that is reflected by the existence of an interdealer quotation system.
Established Securities Market means an exchange that is officially recognized and supervised by a governmental authority in which the market is located and that has a meaningful annual value of shares traded on the exchange; and
Established Securities Market means (i) a national securities exchange, (ii) a foreign securities exchange (including but not limited to the London International Financial Futures Exchange, the Marche a Terme International de France, the International Stock Exchange of the United Kingdom and the Republic of Ireland, the Frankfurt Stock Exchange and the Tokyo Stock Exchange), (iii) a regional or local exchange or (iv) an interdealer quotation system that regularly disseminates firm buy or sell quotations by identified brokers or dealers by electronic means or otherwise (including but not limited to NASDAQ).
Examples of Established Securities Market in a sentence
If the Common Stock is not then readily tradable on an Established Securities Market, the Fair Market Value shall be determined by the Administrator in good faith through the reasonable application of a reasonable valuation method in accordance with Treasury Regulation Section 1.409A-1(b)(5)(iv)(B), which determination shall be conclusive and binding on all interested parties.
If the valuation of any Stock is not Readily Tradable on an Established Securities Market, the valuation of such Stock shall be determined by an independent appraiser.
However, the put right shall not apply to the extent that the Stock, at the time the put right would otherwise be exercisable, is Readily Tradable on an Established Securities Market.
Shares of Employer Securities distributed under the Plan that are not Readily Tradable on an Established Securities Market shall be subject to a “put option,” whereby the stock may be sold to the Company or, if the Trustee is so directed by the Committee, the Trust.
For purposes of the Plan, the term “Employer Securities” refers to common stock of the Company so long as such stock is Readily Tradable on an Established Securities Market.
More Definitions of Established Securities Market
Established Securities Market means either: (a) a securities exchange registered with the Securities and Exchange Commission under Section 6 of the Exchange Act; (b) a foreign national securities exchange officially recognized, sanctioned or supervised by governmental authority; or (c) an OTC Market.
Established Securities Market has the meaning set forth in your Employment Agreement. (h) “Good Reason” has the meaning set forth in your Employment Agreement. (i) “IPO Date” means the effective date of the initial public offering of the Shares pursuant to an effective registration statement filed with the United States Securities and Exchange Commission. (j) “Illiquidity Date” means the first date on or after a Change in Control wherein the shares of the acquirer of the Company (into which the Shares underlying the Option have been converted or substituted) are not publicly-traded on an Established Securities Market. (k) “Performance Period” means the period commencing on the IPO Date and ending on the Performance Vesting Computation Date. (l) “Qualifying Termination” has the meaning set forth in your Employment Agreement. (m) “Qualifying Termination Date” has the meaning set forth in
Established Securities Market means a national securities exchange that is registered under Section 6 of the Exchange Act; a foreign national securities exchange that is officially recognized, sanctioned, or supervised by governmental authority; and any over-the-counter market that is reflected by the existence of an interdealer quotation system. Table of Contents
Established Securities Market means either: (i) a securities exchange registered with the Securities and Exchange Commission under Section 6 of the Exchange Act; (ii) a foreign national securities exchange officially recognized, sanctioned or supervised by governmental authority; or (iii) an OTC Market.
Established Securities Market means a national securities exchange which is officially recognized, sanctioned, or supervised by a governmental authority as well as an over the counter market. An over the counter market is any market reflected by the existence of an interdealer quotation system. An interdealer quotation system is any system of general circulation to brokers and dealers which regularly disseminates quotations of stocks and securities by identified brokers or dealers, other than by quotation sheets which are prepared and distributed by a broker or dealer in the regular course of business and which contain only quotations of such broker or dealer.
Established Securities Market means an exchange that is officially recognized and supervised by a governmental authority in which the market is located and that has a meaningful annual value of shares traded on the exchange.
Established Securities Market means a national securities exchange that is either registered under Section 6 of the Securities Exchange Act of 1934, as amended (the "EXCHANGE ACT") or exempt from registration because of the limited volume of transactions, a foreign securities exchange that, under the law of the jurisdiction where it is organized, satisfies regulatory requirements that are analogous to the regulatory requirements of the Exchange Act, a regional or local exchange, or an interdealer quotation system that regularly disseminates firm buy or sell quotations by identified brokers or dealers by electronic means or otherwise.