Common use of Death of Grantee Clause in Contracts

Death of Grantee. Any distribution or delivery to be made to the Grantee under this Agreement will, if the Grantee is then deceased, be made to the administrator or executor of the Grantee’s estate. Any such administrator or executor must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 7 contracts

Samples: Restricted Stock Unit Agreement (Avanex Corp), Restricted Stock Unit Agreement (Oclaro, Inc.), Restricted Stock Unit Agreement (Avanex Corp)

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Death of Grantee. Any distribution or delivery to be made to the Grantee under this Agreement will, if the Grantee is then deceased, be made to the administrator or executor of the Grantee’s estate. Any such administrator or executor must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer, and (c) written acceptance of the terms and conditions of this Award as set forth in this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Taleo Corp), Restricted Stock Agreement (Taleo Corp)

Death of Grantee. Any distribution or delivery to be made to the Grantee under this Agreement will, if the Grantee is then deceased, be made to the administrator or executor of the Grantee’s estate. Any such administrator or executor must furnish the Company with (aA) written notice of his or her status as transferee, and (bB) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer, and (C) written acceptance of the terms and conditions of this award of Restricted Stock as set forth in this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Epicor Software Corp), Restricted Stock Agreement (Epicor Software Corp)

Death of Grantee. Any distribution or delivery to be made to the Grantee under this -7- Agreement will, if the Grantee is then deceased, be made to Grantee’s designated beneficiary, or if no beneficiary survives Grantee, the administrator Committee or executor of the Grantee’s estate. Any such administrator or executor transferee must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Award Agreement (Silver Bay Realty Trust Corp.)

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Death of Grantee. Any distribution or delivery to be made to the Grantee under this Agreement will, if the Grantee is then deceased, be made to the administrator or executor of his or her estate or, if the Grantee’s estateBoard or the Committee permits, his or her designated beneficiary. Any such administrator or executor transferee must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining that apply to said the transfer.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Otonomo Technologies Ltd.)

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