Examples of Family Group Member in a sentence
No Stock Option shall be transferable by the Holder, otherwise than by will or by the laws of descent and distribution, and all Stock Options shall be exercisable, during the Holder's lifetime, only by the Holder; provided however that, notwithstanding anything to the contrary contained herein, the Committee may in its sole discretion allow a Non-Incentive Stock Option to be transferred to a Family Group Member.
A Director Holder may transfer Director Shares to his parents, siblings, spouse, or issue or to a trust or custodianship for the exclusive benefit of himself or any of them (each a "Family Group Member"); provided that any such transferee agrees in writing to be bound by the provisions of this Agreement that bind the transferor Director Holder.
An Other Family Group Member may specify in the Acceptance Notice that payment for any of the Offered Shares purchased pursuant to the Acceptance Notice will be in the form of an equal number of shares of Class A Common Stock.
To exercise this option, an Other Family Group Member shall, within the Acceptance Period, give notice in accordance with Section 3.1 (an "Acceptance Notice") to the Company (which shall notify the Offering Shareholder), specifying the number of Remaining Shares to be purchased and, if desired, the number of additional Remaining Shares the Other Family Group Member will purchase if not all Other Family Group Members exercise their options.
A Management Holder may transfer Management Shares to his parents, siblings, spouse, or issue or to a trust or custodianship for the exclusive benefit of himself or any of them (each a "Family Group Member"); provided that any such transferee agrees in writing to be bound by the provisions of this Agreement that bind the transferor Management Holder.
Each Other Family Group Member shall have the option to purchase up to the percentage of the Remaining Shares equal to the percentage of the total number of Shares held by or for the benefit of all Other Family Group Members which are held by or for the benefit of the particular Other Family Group Member.
A Family Group Member may specify in the Acceptance Notice that payment for any of the Offered Shares purchased pursuant to the Acceptance Notice will be in the form of an equal number of shares of Class A Common Stock.
To exercise this option, a Family Group Member shall, within the 10-day period commencing on the effective date of the Offer Notice (the "Acceptance Period"), give notice in accordance with Section 3.1 (an "Acceptance Notice") to the Company (which shall notify the Offering Shareholder), specifying the number of Offered Shares to be purchased and, if desired, the number of additional Offered Shares the Family Group Member will purchase if other Family Group Members do not exercise their options.
After the crisis, the Gini coefficient fell from .36 in 1996 to .31 in 1999.
No Stock Option shall be transferable by the Holder otherwise than by will or by the laws of descent and distribution, and all Stock Options shall be exercisable, during the Holder’s lifetime, only by the Holder; provided, however, that notwithstanding anything to the contrary contained herein, the Committee may in its sole discretion allow a Non-Incentive Stock Option to be transferred to a Family Group Member.