Family Transferees definition

Family Transferees means (i) an Optionee’s spouse or children (collectively, “relatives”) and (ii) a trust of which there are no beneficiaries other than such Optionee and the relatives of such Optionee.
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Family Transferees means the spouse, children or grandchildren of, ------------------ or any trust for the benefit of the spouse, children or grandchildren of, Silver or Xxxxxxxx.
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Family Transferees has the meaning assigned to such term in Section 10.4(b).
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Examples of Family Transferees in a sentence

  • MICROSOFT may cause an inspection to be made with * prior notice (no such notice shall be required where MICROSOFT suspects that there has been a breach of security) of any Facility to verify that StarTek is providing the Services in compliance with the terms of this Agreement.

  • Notwithstanding the foregoing, and to the extent permitted by Section 422 of the Code, the Committee, in its discretion, may provide in any Award Agreement or otherwise that the Award is transferable, without payment of consideration, (i) to immediate family members (including grandchildren) of the participant or (ii) to a trust or trusts for the benefit of such family members or (iii) to a partnership or similar organization composed of such family members ("Permitted Family Transferees").

  • Each Investor who is contributing Rollover Contribution Shares (as defined in such Investor’s Equity Commitment Letter) hereby represents and warrants to the other Investors that it will not transfer (other than transfers to Permitted Family Transferees who become parties to this Agreement and the obligations under its Equity Commitment Letter), and will have at Closing, the Rollover Contribution Shares.

  • The Repurchase Option with respect to the Repurchase Shares transferred to the Family Transferee shall continue to be applicable after such transfer and the Company may refuse to transfer on its books any Repurchase Shares to a Family Transferee until the Company has received such Family Transferee's written agreement to be bound by the provisions of this agreement.

  • As soon as practicable after the Expiration Time (as defined in Section 2(g)) and, in any event, not later than noon, New York City time, on the next succeeding business day following the Expiration Time, the Company will provide written notice to the Lead Underwriters by facsimile transmission, with a copy to Xxxxx Xxxx & Xxxxxxxx, specifying the number of Allotted Shares, if any (the dispatch of such notice, with transmission confirmation received, being referred to as the "DETERMINATION TIME").

  • The repurchase provisions set forth of this Section 2 shall bind and apply to each Manager's Family Transferees and all Management Stock transferred to such Family transferees pursuant to Section 3 hereof, and upon termination of such Manager's employment or other engagement with the Company or the death or Disability of such manager, all Management Stock so Transferred shall be subject to repurchase as provided in this Section 2.

  • Each of the parties hereto agrees and acknowledges that during the Claim Shares Escrow Period, all dividends or other distributions, whether payable in cash or otherwise, with respect to the Escrow Securities shall be delivered by the Company and Parent, as applicable, directly to each Member to whom such Escrow Securities are allocated (or their Permitted Family Transferees to the extent applicable) and shall not constitute property subject to the terms of this Agreement.

  • The sale provisions set forth in this Section 5.1 shall bind and apply to each Family Transferee and all Stock transferred to such Family Transferees pursuant to Section 3 hereof.

  • You may not Transfer (as defined below) the Units, under any circumstances, other than (i) upon the consent of the Board (which consent shall not be unreasonably withheld), (ii) to Permitted Family Transferees (as defined in the Operating Agreement) or (iii) to the Company pursuant to Section 11.08 of the Operating Agreement.

  • For the Purposes of this Agreement, “Permitted Holder” means the Members, their Permitted Family Transferees (as defined below) and any other holders of Series A Voting Preferred Stock.


More Definitions of Family Transferees

Family Transferees means the spouse, children or
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Family Transferees means (i) an Optionee's spouse or children (collectively, "relatives") and (ii) a trust of which there are no beneficiaries other than such Optionee and the relatives of such Optionee.
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Related to Family Transferees

  • Permitted Transferees means any person or entity to whom a Holder of Registrable Securities is permitted to transfer such Registrable Securities prior to the expiration of the Founder Shares Lock-up Period or Private Placement Lock-up Period, as the case may be, under the Insider Letter, this Agreement and any other applicable agreement between such Holder and the Company, and to any transferee thereafter.

  • Permitted Transferee Any Transferee of a Residual Certificate other than a Disqualified Organization or Non-United States Person.

  • Family Member means spouse, father, mother, child, father-in-law, mother-in-law, daughter-in-law or son-in-law.

  • Immediate Family Members means with respect to any individual, such individual’s child, stepchild, grandchild or more remote descendant, parent, stepparent, grandparent, spouse, former spouse, qualified domestic partner, sibling, mother-in-law, father-in-law, son-in-law and daughter-in-law (including adoptive relationships) and any trust, partnership or other bona fide estate-planning vehicle the only beneficiaries of which are any of the foregoing individuals or any private foundation or fund that is controlled by any of the foregoing individuals or any donor-advised fund of which any such individual is the donor.

  • Family Members means any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law (including adoptive relationships) of the Participant, any person sharing the Participant’s household (other than a tenant or employee), a trust in which these persons (or the Participant) have more than 50% of the beneficial interest, a foundation in which these persons (or the Participant) control the management of assets, and any other entity in which these persons (or the Participant) own more than 50% of the voting interests.

  • Permitted Transfers has the meaning set forth in Section 4.2.17(d).

  • Immediate Family Member means a child, stepchild, grandchild, parent, stepparent, grandparent, spouse, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships, of a natural person referred to herein.

  • Prospective Transferee means any Person to whom a Shareholder proposes to make a Proposed Transfer, including a Proposed Transfer by FEEL pursuant to Clause 2.3.

  • Permitted Holder means (a) Xxxxxxx X. Xxxxxxx, (b) any of his immediate family members or his or their respective heirs by operation of law, will or intestacy or (c) any trust, corporation, partnership or other entity, the beneficiaries, stockholders, partners, owners or Persons beneficially holding a 50.1% or more controlling interest of which consist of Xxxxxxx X. Xxxxxxx and/or his immediate family members.

  • Transferee Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.

  • Initial Investment : means the amount that you initially subscribed to invest into the Plan.

  • Permitted Transfer has the meaning set forth in Section 10.02.