Examples of Family Transfer in a sentence
In connection with any such transfer, MEFA may impose a Family Transfer Fee.
For these purposes, a Family Transfer is a transfer of a Non-qualified Stock Option to any person qualifying as a "family member," as term is defined in the General Instructions to Form S-8 as published by the Securities and Exchange Commission ("Form S-8"); provided, however, that no transfer shall be treated as a Family Transfer if the transfer would be treated as a transfer for value for purposes of Form S-8.
In the event of a Family Transfer to a Family Member who, as the result of a divorce, ceases to be a Family Member, the Transferred Units shall automatically, without notice or action, lose all voting and/or consent rights and such interest will be subject to buy-back pursuant to Section 7.06.
In the event you transfer shares of Restricted Stock pursuant to a Family Transfer, you shall retain voting control over any such transferred shares unless otherwise approved by the Board.
A Shareholder shall provide notice to the Company (including the aggregate Current Market Value of all such Transfers) upon the making of any Permitted Family Transfer.