Common use of Estate Planning Transfers Clause in Contracts

Estate Planning Transfers. Notwithstanding anything to the contrary contained in this Agreement or the LLC Agreement, the Executive may transfer any Vested Securities or Unvested Securities (or rights therein) to his estate upon his death or for estate planning purposes to his spouse, lineal descendants, or trusts for the benefit of such individuals of which Executive is the sole trustee, pursuant to arrangements approved by the Company.

Appears in 7 contracts

Samples: Executive Purchase and Vesting Agreement (Coffeyville Resources, Inc.), Executive Purchase and Vesting Agreement (Coffeyville Resources, Inc.), Executive Purchase and Vesting Agreement (Coffeyville Resources, Inc.)

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