Common use of Optionee Clause in Contracts

Optionee. Whenever the word “Optionee” is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the Administrator, to apply to the estate, personal representative or beneficiary to whom this Option may be transferred by will, by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p), the word “Optionee” shall be deemed to include such person.

Appears in 21 contracts

Samples: Stock Option Grant Agreement (Go-Page Corp), Non Qualified Stock Option Grant Agreement (Go-Page Corp), Qualified Stock Option Grant Agreement (Scio Diamond Technology Corp)

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Optionee. Whenever the word “Optionee” is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the Administrator, to apply to the estate, personal representative representative, or beneficiary to whom this Option the Options may be transferred by will, will or by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p)another permitted transferee, the word “Optionee” shall be deemed to include such person.

Appears in 9 contracts

Samples: Nonstatutory Stock Option Grant Agreement (Telecommunication Systems Inc /Fa/), Nonstatutory Stock Option Grant Agreement (Telecommunication Systems Inc /Fa/), Employment Agreement (Sourcefire Inc)

Optionee. Whenever the word “Optionee” is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the Administrator, to apply to the estate, personal representative or beneficiary to whom this Option the Options may be transferred by will, by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p), the word “Optionee” shall be deemed to include such person.

Appears in 8 contracts

Samples: Incentive Stock Option Grant Agreement (Mechanical Technology Inc), Stock Option Grant Agreement (Mechanical Technology Inc), Stock Option Grant Agreement (Howard Bancorp Inc)

Optionee. Whenever the word “Optionee” is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the Administrator, construed to apply to the estate, personal representative or beneficiary to whom this Option may be transferred by will, will or by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p), the word “Optionee” shall be deemed to include such person.

Appears in 4 contracts

Samples: Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc), Non Qualified Employee Stock Option Agreement (Laureate Education, Inc.), Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc)

Optionee. Whenever the word “Optionee” is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the AdministratorCommittee, to apply to the estate, personal representative or beneficiary to whom this Option the Options may be transferred by will, by the laws of descent and distribution, or pursuant to a qualified domestic relations order transfer under Section 8.05 of the Plan as defined set forth in Code section 414(p)Section 13 hereof , the word “Optionee” shall be deemed to include such person.

Appears in 4 contracts

Samples: Incentive Stock Option Grant Agreement, Incentive Stock Option Grant Agreement (Carroll Bancorp, Inc.), Incentive Stock Option Grant Agreement (Carroll Bancorp, Inc.)

Optionee. Whenever the word “Optionee” is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the Administrator, to apply to the estate, personal representative or representative, beneficiary to whom this the Options or Option Shares may be transferred by will, will or by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p)another permitted transferee, the word “Optionee” shall be deemed to include such person.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Grant Agreement (Plastinum Polymer Technologies Corp.), Nonstatutory Stock Option Grant Agreement (Plastinum Polymer Technologies Corp.)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the Administrator, construed to apply to the estate, personal representative representative, or beneficiary to whom this Option option may be transferred by will, will or by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p), the word “Optionee” it shall be deemed to include such person.

Appears in 2 contracts

Samples: Employment Agreement (Broadband Technologies Inc /De/), Incentive Stock Option Agreement (Price T Rowe Associates Inc /Md/)

Optionee. Whenever the word “Optionee” is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the AdministratorBoard, to apply to the estate, personal representative or representative, beneficiary to whom this the Option or Shares may be transferred by will, will or by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p)another permitted transferee, the word “Optionee” shall be deemed to include such person.

Appears in 2 contracts

Samples: Qualified Stock Option Agreement (Universal Technology Systems Corp.), Non Qualified Stock Option Agreement (RINO International CORP)

Optionee. Whenever the The word “Optionee” is as used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the AdministratorCommittee or its designee, to apply to the estate, personal representative or representative, beneficiary to whom this the Option may be transferred by will, will or by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p)another permitted transferee, the word “Optionee” shall be deemed to include such person.

Appears in 2 contracts

Samples: Employment Agreement (Human Genome Sciences Inc), Stock Option Agreement (Human Genome Sciences Inc)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the Administrator, to apply to the estate, personal representative representative, or beneficiary to whom this the Options or Option Shares may be transferred by will, will or by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p)another permitted transferee, the word "Optionee" shall be deemed to include such person.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Grant Agreement (Phoenix Color Corp), Nonstatutory Stock Option Grant Agreement (Phoenix Color Corp)

Optionee. Whenever the word “Optionee” is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the AdministratorCommittee, to apply to the estate, personal representative or representative, beneficiary to whom this the Option or Shares may be transferred by will, will or by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p)another permitted transferee, the word “Optionee” shall be deemed to include such person.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (RINO International CORP), Non Qualified Stock Option Agreement (CHINA INFRASTRUCTURE CONSTRUCTION Corp)

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Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the Administrator, to apply to the estate, personal representative representative, or beneficiary to whom this Option may be transferred by will, will or by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p), the word "Optionee" shall be deemed to include such person.

Appears in 1 contract

Samples: Employee Stock Option Grant Agreement (Cdknet Com Inc)

Optionee. Whenever the word “Optionee” is used in any provision of this the Agreement under circumstances where the provision should logically be construed, as determined by the Administrator, construed to apply to the estate, personal representative representative, or beneficiary to whom this Option option may be transferred by will, will or by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p), the word “Optionee” it shall be deemed to include such person.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Danaher Corp /De/)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the Administrator, construed to apply to (i) the estate, personal representative representative, or beneficiary to whom this Option may be transferred by will, will or by the laws of descent and distribution, distribution or (ii) the guardian or legal representative of the Optionee acting pursuant to a qualified domestic relations order as defined in Code section 414(p)valid power of attorney or the decree of a court of competent jurisdiction, then the word “Optionee” term Optionee shall be deemed to include such personestate, personal representative, beneficiary, guardian or legal representative.

Appears in 1 contract

Samples: Stock Option Agreement (Rf Micro Devices Inc)

Optionee. Whenever the word “Optionee” is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the AdministratorCommittee, to apply to the estate, personal representative or beneficiary to whom this Option the Options may be transferred by will, by the laws of descent and distribution, or pursuant to a qualified domestic relations order transfer under Section 8.05 of the Plan as defined set forth in Code section 414(p)Section 13 hereof, the word “Optionee” shall be deemed to include such person.

Appears in 1 contract

Samples: Stock Option Grant Agreement (Carroll Bancorp, Inc.)

Optionee. Whenever the word “Optionee” is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the Administrator, to apply to the estate, personal representative or beneficiary to whom this Option may be transferred by will, will or by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p), the word “Optionee” shall be deemed to include such person.

Appears in 1 contract

Samples: Nonstatutory Stock Option Grant Agreement (Concur Technologies Inc)

Optionee. Whenever the word “Optionee” is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the Administrator, to apply to the estate, personal representative or representative, beneficiary to whom this Option the Options may be transferred by will, will or by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p)another permitted transferee, the word “Optionee” shall be deemed to include such person.

Appears in 1 contract

Samples: Employment Agreement (Harbor Bankshares Corp)

Optionee. Whenever the word "Optionee" is used in any provision of this Agreement under circumstances where the provision should logically be construed, as determined by the Administrator, to apply to the estate, personal representative or beneficiary to whom this Option may be transferred by will, will or by the laws of descent and distribution, or pursuant to a qualified domestic relations order as defined in Code section 414(p), the word "Optionee” shall " will be deemed to include such person.

Appears in 1 contract

Samples: Nonstatutory Stock Option Grant Agreement (Visual Networks Inc)

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