Inheritance. If an existing Coach is the beneficiary of an OPTAVIA business pursuant to a will or probate, and the transfer is effected on or after the death of the testator, the existing Coach may operate multiple OPTAVIA businesses. An intervivos transfer (i.e., a transfer made while the transferor Coach is still living) of an OPTAVIA business to an existing Coach is not permissible unless the testator is adjudicated to be mentally or physically incapacitated such that he/she is incapable of operating or managing his/her OPTAVIA business.
Appears in 6 contracts
Samples: Independent Optavia Coach Agreement, Independent Optavia Coach Agreement, Independent Optavia Coach Agreement
