Common use of Family Trust Clause in Contracts

Family Trust. Family Trust shall mean, with respect to any individual, any trust created for the benefit of one or more of such individual's Related Persons and controlled by such individual.

Appears in 2 contracts

Sources: Co Sale Agreement (Holmes Group Inc), Stockholder Agreement (Mce Companies Inc)

Family Trust. Family Trust shall mean, with respect to any individual, any trust created for the benefit of such individual or one or more of such individual's ’s Related Persons and controlled by such individualPersons.

Appears in 2 contracts

Sources: Stockholder Agreement (Advanced Communications Technologies Inc), Stockholder Agreement (Act-De LLC)

Family Trust. Family Trust shall mean, with respect to any individual, any trust created for the benefit of one or more of such individual's ’s Related Persons and controlled by such individual.

Appears in 1 contract

Sources: Exchange Agreement (Advanced Communications Technologies Inc)