definiens: means, for any date, the price determined by the first of the following clauses that applies : ( i ) if the Common Stock is then listed or quoted on a national securities exchange, the daily volume weighted average price of the Common Stock for such date ( or the nea rest preceding date ) on the national securities exchange on which the Common Stock is then listed or quoted for trading as reported by Bloomberg L.P. ( based on a Trading Day from 9:30 a.m. ( New York City time ) to 4:02 p.m. ( New York City time ) ) ; ( ii ) if the Common Stock is then listed or traded on the OTC Bulletin Board and the OTC Bulletin Board is not a Trading Market, the volume weighted average price of the Common Stock for such date ( or the nearest preceding date ) on the OTC Bulletin Board ; ( iii ) if the Common Stock is not then quoted for trading on a national securities exchange or the OTC Bulletin Board and if prices for the Common Stock are then reported in the published by Pink OTC Markets, Inc. ( or a similar organization or agency suc ceeding to its functions of reporting prices ), the most recent bid price per share 3 * * Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission . Confidential treatment has been requested with respect to the omitted portions