Disposition Upon Death. Upon the death of a Holder, the estate of the deceased Holder (or the distributee of the estate) shall be deemed to have succeeded to the decedent's interest in this Agreement, and shall be deemed to have agreed to assume decedent's obligations under this Agreement.
Disposition Upon Death. Each party consents that his or her estate, or the estate of the other, may be disposed of by will, codicil, or trust, or in the absence of any such instrument, according to the laws of descent and distribution and intestate succession as if the marriage of the parties had not taken place. In either event, the estate shall be free of any claim or demand of inheritance, dower, curtesy, elective share, family allowance, home- stead election, right to serve as executor, administrator, or personal representative, or any spousal or other claim given by law, irrespective of the marriage and any law to the contrary. Neither party intends by this agreement to limit or restrict the right to give to, or receive from, the other an inter vivos or testamentary gift. Neither party intends by this agreement to release, waive, or relinquish any devise or bequest left to either by specific provision in the will or codicil of the other, any property voluntarily transferred by the other, any joint tenancy created by the other, or any right to serve as executor or personal representative of the other’s estate if specifically nominated in the other’s will or codicil.
Disposition Upon Death. Upon the death of a Holder of a Voting Trust Certificate, the estate of the deceased Holder (or the distributee of the estate) shall be deemed to have succeeded to the decedent's interest in this Agreement, and shall be deemed to have agreed to assume decedent's obligations under this Agreement.
