Common use of GRANTEE Clause in Contracts

GRANTEE. Whenever the word "Grantee" is used in any provision -------------------- of this Agreement under circumstances where the provision should logically be construed to apply to the estate, personal representative or beneficiary to whom this Option may be transferred by will or by the laws of descent and distribution, the word "Grantee" shall be deemed to include such person.

Appears in 7 contracts

Samples: Incentive Stock Option Grant Agreement (Network Access Solutions Corp), Incentive Stock Option Grant Agreement (Network Access Solutions Corp), Incentive Stock Option Grant Agreement (Network Access Solutions Corp)

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GRANTEE. Whenever the word "Grantee" is used in any provision -------------------- of this Agreement under circumstances where the provision should logically be construed to apply to the estate, personal representative or beneficiary to whom this Option may be transferred by will or by the laws of descent and distribution, the word "Grantee" shall be deemed to include such person.

Appears in 5 contracts

Samples: Nonqualified Stock Option Grant Agreement (Regeneration Technologies Inc), Incentive Stock Option Grant Agreement (Regeneration Technologies Inc), Incentive Stock Option Grant Agreement (Regeneration Technologies Inc)

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GRANTEE. Whenever the word "Grantee" is used in any provision -------------------- of this Agreement under circumstances where the provision should logically be construed to apply to the estate, personal representative or beneficiary to whom this Option Performance Shares credited to the Account of the Grantee may be transferred by will or by the laws of descent and distribution, the word "Grantee" shall be deemed to include such person.

Appears in 1 contract

Samples: Performance Shares Grant Agreement (Laureate Education, Inc.)