Common use of After the Death of the Grantee Clause in Contracts

After the Death of the Grantee. Any delivery of Common Stock to be made to the Grantee under this Agreement shall, if the Grantee is then deceased, be made to the Grantee’s designated beneficiary, or if no such beneficiary survives the Grantee, his or her estate. Any transferee must furnish the Corporation with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Corporation to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

After the Death of the Grantee. Any delivery of Common Stock Shares to be made to the Grantee under this Agreement shall, if the Grantee is then deceased, be made to the Grantee’s designated beneficiary, or if no such beneficiary survives the Grantee, his or her estate. Any permitted transferee must furnish the Corporation Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Corporation Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.