Common use of Change in Control Price Clause in Contracts

Change in Control Price. For purposes of this Section 8, "Change in Control Price" shall be, as determined by the Board, (i) the highest Fair Market Value of a Share within the 60-day period immediately preceding the date of determination of the Change in Control Price by the Board (the "60--Day Period"), or (ii) the highest price paid or offered per Share, as determined by the Board, in any bona fide transaction or bona fide offer related to the Change in Control of the Company, at any time within the 60-Day Period, or (iii) such lower price as the Board, in its discretion, determines to be a reasonable estimate of the fair market value of a Share.

Appears in 9 contracts

Sources: Incentive Stock Option Agreement (Sgi International), Incentive Stock Option Agreement (Sgi International), Incentive Stock Option Agreement (Sgi International)

Change in Control Price. For purposes of this Section 812, ----------------------- "Change in Control Price" shall be, as determined by the Board, : (i) the highest Fair Market Value of a Share within the 60-day period immediately preceding the date of determination of the Change in of Control Price by the Board (the "60--Day Day Period"), ; or (ii) the highest price paid or offered per Share, as determined by the Board, in any bona fide transaction or bona fide offer related to the Change in Control of the Company, at any time within the 60-Day Period, ; or (iii) such some lower price as the Board, in its discretion, determines to be a reasonable estimate of the fair market value of a Share.

Appears in 3 contracts

Sources: Stock Option Agreement (Clinicor Inc), Stock Option Agreement (Clinicor Inc), Stock Option Agreement (Clinicor Inc)

Change in Control Price. For purposes of this Section 84.2, "Change in Control Price" shall be, as determined by the Board, (i) the highest Fair Market Value of a Share within the 60-60 day period immediately preceding the date of determination of the Change in Control Price by the Board (the "60--Day Day Period"), or (ii) the highest price paid or offered per Share, as determined by the Board, in any bona fide transaction or bona fide offer related to the Change in Control of the Company, at any time within the 60-Day Period, or (iii) such some lower price as the Board, in its discretion, determines to be a reasonable estimate of the fair market value of a Share.

Appears in 1 contract

Sources: Incentive Stock Option Adjustment Plan (Vital Images Inc)

Change in Control Price. For purposes of this Section 811, "Change in Control Price" shall be, as determined by the Board, (i) the highest Fair Market Value of a Share within the 60-day period immediately preceding the date of determination of the Change in Control Price by the Board (the "60--Day Day Period"), or (ii) the highest price paid or offered per Share, as determined by the Board, in any bona fide transaction or bona fide offer related to the Change in Control of the Company, at any time within the 60-Day Period, or (iii) such lower price as the Board, in its discretion, determines to be a reasonable estimate of the fair market value of a Share.

Appears in 1 contract

Sources: Stock Option Agreement (Dardel Technologies E U R L)

Change in Control Price. For purposes of this Section 811, "Change in Control Price" shall be, as determined by the Board, (i) the highest Fair Market Value of a Share within the 60-60 day period immediately preceding the date of determination of the Change in Control Price by the Board (the "60--Day Day Period"), or (ii) the highest price paid or offered per Share, as determined by the Board, in any bona fide transaction or bona fide offer related to the Change in Control of the Company, at any time within the 60-Day Period, or (iii) such some lower price as the Board, in its discretion, determines to be a reasonable estimate of the fair market value of a Share.

Appears in 1 contract

Sources: Directors' Option Adjustment Plan (Vital Images Inc)