Family Transferee definition

Family Transferee means any of RST, WST, GTK, any Immediate Family of any of the foregoing Persons, any Family Trust with respect to any of the foregoing Persons (so long as such Family Trust remains a Family Trust of the foregoing Persons), or any entity consisting of or owned entirely by one (1) or more of the foregoing Persons (so long as such entity remains owned entirely by such Persons).
Family Transferee means certain immediate family members or related entities of the Taubman family.
Family Transferee means a (x) Shareholder’s spouse, immediate family members or lineal descendants or (y) any trust, the beneficiaries of which, or corporation, limited liability company or partnership, the shareholders, members or general or limited partners of which, include only persons described in clause (x). In addition, to the extent that the undersigned is an individual, the transfer restrictions set forth in this Agreement shall not apply following the undersigned’s death, termination of employment by Parent, the Company or any of their respective subsidiaries for “Disability,” termination of employment by Parent, the Company or any of their respective subsidiaries without “Cause,” termination of employment by the undersigned for “Good Reason,” termination of employment for “Retirement” or due to a “Change in Control” (each as defined in the applicable agreements between the undersigned and the Company).

Examples of Family Transferee in a sentence

  • During the lifetime of an Optionee, a Non-Qualified Option shall be exercisable only by the Optionee or his or her Family Transferee.

  • A ("Family Transferee") is a transferee that is a Family Trust, Family Entity or a member of the immediate family of an Optionee.

  • During the lifetime of a Participant, an Option shall be exercisable only by the Participant or his or her Family Transferee or beneficiary.

  • Each Family Transferee will succeed to all rights and obligations attributable to Grantee as a holder of Repurchase Shares hereunder.

  • Neither a person to whom an Award is granted, nor such person's legal representative, heir, legatee, distributee or Permitted Family Transferee shall be deemed to be the holder of, or to have any rights of a holder with respect to, any shares subject to such Award until after the shares are issued.


More Definitions of Family Transferee

Family Transferee means a (x) Shareholder’s spouse, immediate family members or lineal descendants or (y) any trust, the beneficiaries of which, or corporation, limited liability company or partnership, the shareholders, members or general or limited partners of which, include only persons described in clause (x). In addition, to the extent that the undersigned is an individual, the transfer restrictions set forth in this Agreement shall not apply following the undersigned’s death, termination of employment by Parent or any of its subsidiaries for “Disability,” termination of employment by Parent of any of its subsidiaries without “Cause,” termination of employment by the undersigned for “Good Reason,” termination of employment for “Retirement” or due to a “change in control” (each as defined in the applicable agreements between the undersigned and Parent).
Family Transferee means the spouse, sibling and/or descendant (whether biological or by adoption or step-relationship) of the transferor and/or a trust for the benefit of the transferor and/or any of the foregoing persons; and
Family Transferee means, in relation to a shareholder who is an individual, (a) such shareholder’s Family Member; or (b) trust or settlement set up wholly for the benefit of that person and/or his Family Members;
Family Transferee means (A) a spouse, child, parent, grandchild or sibling of a Shareholder or (B) a trust established by a Shareholder, or a trustee, fiduciary, custodian or foundation designated by a Shareholder, that will hold shares of Stock for the benefit of the Shareholder or for the benefit of any of the persons described in item (A) above in this sentence. Notwithstanding the foregoing or any other provisions of this Agreement, no transfer or disposition of Stock shall be made by any Shareholder in contravention of Section 2.7.
Family Transferee has the meaning given to it in Section 16(b).
Family Transferee of a Management Holder shall mean a transferee of a Management Holder referred to in clause (a) of the definition of "Excluded Transfer".
Family Transferee means any family members of Xxxxx, any estate or legal representative of Xxxxx or a family member, or any trust for the benefit of any family member.