Estate Planning Entity definition
Estate Planning Entity means, with respect to any individual, (a) any trust, the beneficiaries of which are primarily such individual and/or any Immediate Family Relative, or (b) any corporation, partnership, limited liability company or other entity that is primarily owned and controlled, directly or indirectly, by such individual, any Immediate Family Relative and/or any of the persons described in clause (a).
Estate Planning Entity means with respect to any VGP Owner or any member of the Immediate Family of such VGP Owner, (i) any trust, the beneficiaries of which are primarily such VGP Owner or any member of his or her Immediate Family or (ii) any entity that is primarily owned or controlled, directly or indirectly, by a VGP Owner or member of his or her Immediate Family and/or any of the Persons described in clause (i).
Estate Planning Entity means, with respect to any individual, a trust, limited partnership, limited liability company or other fiduciary relationship for the benefit of such individual and/or such individual’s spouse and/or lineal descendants or a charitable foundation or organization established by such individual and/or such individual’s Immediate Family Members.
Examples of Estate Planning Entity in a sentence
No Shares will be delivered to the Awardee unless and until the Awardee or such Awardee’s heirs, successors, or Estate Planning Entity, as applicable, has remitted to the Company or the Manager (or its applicable employing Affiliate) an amount sufficient to satisfy any required withholdings.
The Company shall deliver to the Awardee or such Awardee’s heirs, successors, or Estate Planning Entity (as defined below), as applicable, the Shares (or the relevant portion thereof) as soon as practicable following their vesting, but in any event within 30 days, subject to the terms of the Plan and this Agreement.
More Definitions of Estate Planning Entity
Estate Planning Entity means any custodian or trustee of any trust, partnership or limited liability company for the sole benefit of, or the ownership interests of which are owned wholly by, a Stockholder who is a natural person or any such Stockholder’s Family Members;
Estate Planning Entity with respect to any individual Holder shall mean any intervivos trust, limited partnership, corporation or limited liability company that, at the time of the Disposition of Shares to such intervivos trust, limited partnership, corporation or limited liability company, is entirely owned beneficially and of record by: (i) such individual Holder, and/or (ii) such individual Holder’s Other Permitted Transferees; and/or (iii) any one (1) or more intervivos trusts, limited partnerships, corporations or limited liability companies that is or are entirely owned beneficially and of record by such individual Holder and/or any of such individual Holder’s Other Permitted Transferees, or (iv) any one (1) or more Persons or entities named in clauses (i), (ii) or (iii) above.
Estate Planning Entity of a Person means (a) such Person’s or its beneficial owner’s immediate family members including grandparents and lineal descendants of grandparents, (b) any trust, partnership, corporation, limited liability company or other entity established for the benefit of any Person described in clause (a) and (c) any charitable or foundation or nonprofit organization controlled by any Person described in clauses (a) or (b).
Estate Planning Entity means, with respect to any partner or professional associated with or formerly associated with any of the Businesses, (i) any trust, the beneficiaries of which are primarily such partner or professional or any member of his or her Immediate Family, (ii) any Charitable Organization or (iii) any corporation, partnership, limited liability company or other entity that is primarily owned and controlled, directly or indirectly, by such partner or professional, any member of such partner’s or professional’s Immediate Family and/or any of the Persons described in clause (i).
Estate Planning Entity with respect to any individual Holder shall mean any inter vivos trust, limited partnership, corporation or limited liability company that, at the time of the Disposition of Stock to such inter vivos trust, limited partnership, corporation or limited liability company, is entirely owned beneficially and of record by: (i) such individual Holder, and/or (ii) any one or more inter vivos trusts, limited partnerships, corporations or limited liability companies that is or are entirely owned beneficially and of record by such individual Holder, or (iv) any one or more persons or entities named in clauses (i) or (ii) above.
Estate Planning Entity means, with respect to the Awardee, (i) any trust, the beneficiaries of which are primarily the Awardee or the Awardee’s heirs or successors, or (ii) any corporation, company, limited liability company or other entity that is primarily owned and controlled, directly or indirectly, by the Awardee or any of the Awardee’s heirs or successors and/or any of the individuals, entities, or trusts described in clause (i).
Estate Planning Entity means, with respect to a Member, any trust or other entity created during an individual’s life that is controlled by or for the benefit of such Member or a member of such Member’s family or charity, in each case established for estate planning purposes, such as a living trust, limited partnership or limited liability company.