Common use of Legal Representative Clause in Contracts

Legal Representative. The term "Legal Representative" shall mean the executor, administrator or other person who at the time is entitled by law to exercise the rights of a deceased or incapacitated Optionee with respect to the Option granted under this Contract.

Appears in 4 contracts

Samples: Performance Stock Option Contract (Objectsoft Corp), Nonqualified Stock Option Contract (Smartserv Online Inc), Performance Stock Option Contract (Objectsoft Corp)

AutoNDA by SimpleDocs

Legal Representative. The term "Legal Representative" shall mean the executor, administrator or other person who at the time is entitled by law to exercise the rights of a the Optionee, if deceased or incapacitated Optionee incapacitated, with respect to the Option option granted under this Contract.

Appears in 1 contract

Samples: Nonqualified Stock Option Contract (Smartserv Online Inc)

AutoNDA by SimpleDocs

Legal Representative. The term "Legal Representative" shall mean the executor, administrator or other person who at the time is entitled by law to exercise the rights of a deceased or incapacitated Optionee optionee with respect to the Option an option granted under this Contract.

Appears in 1 contract

Samples: Nonqualified Stock Option Contract (Smartserv Online Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!