Common use of TRANSFER TO FAMILY MEMBER Clause in Contracts

TRANSFER TO FAMILY MEMBER. The Employee's transfer of any or all shares held subject to this Agreement (either during the Employee's lifetime or on death by will or intestacy) to such Employee's Immediate family, as herein defined, or to any custodian or trustee for the account of the Employee or his or her Immediate family. "Immediate family" as used herein shall mean spouse, lineal descendants, father, mother, or brother or sister of the Employee.

Appears in 3 contracts

Samples: Employment Agreement (Smartdisk Corp), Employment Agreement (Smartdisk Corp), Employment Agreement (Smartdisk Corp)

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TRANSFER TO FAMILY MEMBER. The Employee's Employee s transfer of any or all shares Vested Shares held subject to this Agreement (either during the Employee's lifetime or on death by will or intestacythe laws of intestate succession) to such Employee's Immediate family, as herein defineddeemed, or to any custodian or trustee for the account of the Employee or his or her Immediate family. "Immediate family" as used herein shall mean spouse, lineal descendants, father, mother, or brother or sister of the Employee.

Appears in 2 contracts

Samples: Employment Agreement (Smartdisk Corp), Employment Agreement (Smartdisk Corp)

TRANSFER TO FAMILY MEMBER. The Employee's transfer of any or all shares held subject to this Agreement (either during the Employee's lifetime or on death by will or intestacy) to such Employee's Immediate family, as herein defined, or to any custodian or trustee for the account of the Employee or his or her Immediate family. "Immediate family" as used herein shall mean spouse, lineal descendants, father, mother, or brother or sister of the Employee.such

Appears in 2 contracts

Samples: Employment Agreement (Smartdisk Corp), Employment Agreement (Smartdisk Corp)

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TRANSFER TO FAMILY MEMBER. The Employee's transfer of any or all shares held subject to this Agreement (either during the Employee's lifetime or on death by will or intestacy) to such Employee's Immediate family, as herein defined, immediate family or to any custodian or trustee for the account of the Employee or his or her Immediate immediate family. "Immediate family" as used herein shall mean spouse, lineal descendants, father, mother, or brother or sister of the Employee.

Appears in 1 contract

Samples: Director Non Qualified Stock Option Agreement (Portola Packaging Inc)

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