Common use of Related Persons Clause in Contracts

Related Persons. Related Persons" shall mean any revocable --------------- or irrevocable trust or custodianship the beneficiaries of which may include only Executive, his spouse and/or his lineal descendants by blood or adoption, or a corporation, partnership or limited liability company of which Executive, his spouse and/or his lineal descendants by blood or adoption are the sole direct or indirect owners.

Appears in 2 contracts

Samples: Executive Agreement (American Cellular Corp /De/), Executive Agreement (American Cellular Corp /De/)

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Related Persons. Related Persons" shall mean means any revocable or --------------- or --------------- irrevocable trust or custodianship the beneficiaries of which may include only ExecutivePurchaser, his spouse and/or his lineal descendants by blood or adoption, or a corporation, partnership or limited liability company of which ExecutivePurchaser, his spouse and/or his lineal descendants by blood or adoption are the sole direct or indirect owners.

Appears in 1 contract

Samples: Subscription Agreement (American Cellular Corp /De/)

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Related Persons. Related Persons" shall mean means any revocable or --------------- or --------------- irrevocable trust or custodianship the beneficiaries of which may include only ExecutivePurchaser, his her spouse and/or his her lineal descendants by blood or adoption, or a corporation, partnership or limited liability company of which ExecutivePurchaser, his her spouse and/or his her lineal descendants by blood or adoption are the sole direct or indirect owners.

Appears in 1 contract

Samples: Subscription Agreement (American Cellular Corp /De/)

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