Example ContractsClausesdetermination of final valueVariants
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Value. For purposes of this Policy, “Value” means with respect to # any award of stock options the grant date fair value of the option (i.e., Black-Scholes Value) determined in accordance with the reasonable assumptions and methodologies employed by the Company for calculating the fair value of options under ASC 718 or its successor provision, but excluding the impact of estimated forfeitures related to service-based vesting conditions; and # any award of restricted stock and restricted stock units the product of # the average closing market price on The Nasdaq Global Select Market (or such other market on which the Company’s Class A common stock is then principally listed) of one share of the Company’s Class A common stock on the effective date of grant (the “Grant Date”), or if no closing price is reported for the Grant Date, the closing price on the date immediately prior to the Grant Date for which the closing price is reported, and # the aggregate number of shares pursuant to such award.

Value.Value: For purposes of this Policy, “Value” means with respect to #(i) any award of stock optionsoption award, the grant date fair value of the option (i.e., Black-Scholes Value) determined in accordance with the reasonable assumptions and methodologies employed by the Company for calculating the fair value of options under ASC 718 or its successor provision, but excluding the impact of estimated forfeitures related to service-based vesting conditions;Financial Accounting Standard Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718; and #(ii) any award of restricted stock andor restricted stock units the product of #(A) the average closing market price on The Nasdaq Global Select Market (or such other market on which the Company’s Class A common stock is then principally listed) of one share of the Company’s Class A common stock over the trailing 30-day period ending on the effective datelast day of grant (the “Grant Date”), or if no closing price is reported for the Grant Date, the closing price on the datemonth immediately prior to the Grant Date for whichmonth of the closing price is reported,grant date, and #(B) the aggregate number of shares pursuant toof common stock underlying such award.

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