Lifetime Transfer definition

Lifetime Transfer o Allowed pursuant to Section 9 below only for Non-Incentive Stock Option.
Sample 1Sample 2Sample 3
Lifetime Transfer o Allowed pursuant to Section 8 below only for Non-Incentive Stock Option. Expiration Date: o years after Grant Date; or
Sample 1Sample 2
Lifetime Transfer. Not permitted in accordance with Section 12 of the Plan.
Sample 1Sample 2Sample 3

Examples of Lifetime Transfer in a sentence

  • Award Date Vesting Your Restricted Shares under this Award Agreement shall vest at the rate of _____ on _____ __, 20__ , _____ on ______ ___, 20___and the remaining _____ on _____ __, 20__; subject in each case to acceleration as provided in the Plan, to the shareholder approval condition set forth in Section 7 below, and to your Continuous Service with the Company not ending before the vesting date Lifetime Transfer Allowed.

  • Features and Benefits Sheet 8.) CONSIDERATION SHOULD BE GIVEN TO THE FOLLOWING THREATS: Pending the gift value, it will utilise part/all of the donors Nil Rate Band (NRB) The gift is a Chargeable Lifetime Transfer (CLT) and hence if in excess of the NRB is settled to Trust then that excess will be immediately taxed at half the death rate (20%) ! The gift is at risk from the recipient’s future divorce, creditor claims, care fees and their Inheritance Tax.

  • Establishes the Participant’s rights to exercise this Option with respect to the Number of Shares stated above, subject to acceleration per Section 3 below and pursuant to your employment agreement with the Company dated March 10, 2008 (the “Employment Agreement”), and to any shareholder approval requirement set forth in the Plan: x 100% on Grant Date Lifetime Transfer: o Allowed pursuant to Section 9 below only for Non-Incentive Stock Option.

  • Chargeable Lifetime Transfer (CLT) on the capital transferred to trust– 7 year clock.

  • For the avoidance of doubt, a transferee of a Voluntary Lifetime Transfer shall automatically become a substitute Member upon satisfying Sections 6.7.1 and 6.7.2, without any further action of the Members.

  • Restricted Share Award Agreement Lexington Strategic Asset Corporation 2005 Equity Incentive Compensation Plan Page 2 Lifetime Transfer ¨ Allowed.

  • Lifetime Taxes and Lifetime Transfer BenefitsIn order to assess the consequences of going to work, we need to calculate over a lifetime the extra taxes paid and extra benefits received or sacrificed as a result of that decision.

  • Xxxxx, Xx. Number of Shares Subject to Award Agreement 20,000 Award Date June 5, 2007 Vesting Your Restricted Shares under this Award Agreement shall vest on March 31, 2008; subject to acceleration as provided in the Plan, and to your Continuous Service with the Company not ending before the vesting date Lifetime Transfer Allowed.

  • No Stockholder may make any Voluntary Lifetime Transfer except pursuant to a Bona Fide Offer.

  • The Agreement Price for each share of the Stock shall be the amount shown on the Bona Fide Offer made by a third party with respect to Transfers other than by reason of Involuntary Lifetime Transfer not involving a Bona Fide Offer or by reason of death where no Bona Fide Offer is involved.


More Definitions of Lifetime Transfer

Lifetime Transfer. [X] Allowed. [ ] Not allowed.
Sample 1Sample 2
Lifetime Transfer. ☐Allowed pursuant to Section 6 below. Expiration Date: ☐____ years after Grant Date; or ☒10 years after Grant Date
Sample 1
Lifetime Transfer. ¨ Allowed for Non-ISOs pursuant to Section 12(b) of the Plan. ¨ Not allowed.
Sample 1
Lifetime Transfer. Allowed for pursuant to Section 8 of the Plan. Recoupment ☒ Section 10 of the Plan shall apply regarding Recoupment of this Award. 1 The exercise price must be at least 100% of the Fair Market Value of the underlying Shares. Stock Option Award Agreement Raptor Pharmaceutical Corp. 2014 Employment Commencement Stock Incentive Plan
Sample 1
Lifetime Transfer x Allowed for Non-ISOs pursuant to Section 12(b) of the Plan. o Not allowed. Recapture and Recoupment x Section 25 of the Plan shall apply re Termination, Rescission, and Recapture of this Award. o Section 26 shall apply re Recoupment of this Award.
Sample 1

Related to Lifetime Transfer

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

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

  • Type II transfer means that phrase as defined by Section 3 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.

  • Purported Beneficial Transferee means, with respect to any purported Transfer (or other event) which results in a transfer to a Trust, as provided in Section 6.2.2 of this Article VI, the Purported Record Transferee, unless the Purported Record Transferee would have acquired or owned shares of Capital Stock for another Person who is the beneficial transferee or owner of such shares, in which case the Purported Beneficial Transferee shall be such Person.

  • Designated family member means any of the following:

  • Fannie Mae Transfer As defined in Section 13 hereof.

  • Type III transfer means that term as defined under Section 3(c) of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.103.

  • prospective sale means a sale which is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Title Transfer means the transfer of title to Gas between two (2) Shippers at a Delivery Point, provided that each such party has executed a Transportation Service Agreement, or the transfer of title to Gas between two (2) Shippers at ATP, provided each such party has executed either a Transportation Service Agreement or a Title Transfer Agreement.

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

  • Exempt Transfer means, in relation to shares held by a member:

  • Permitted Transferees means a 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 and any other applicable agreement between such Holder and the Company, and to any transferee thereafter.

  • Restricted Transfer means: 1.1.10.1 a transfer of Company Personal Data from any Company Group Member to a Contracted Processor; or 1.1.10.2 an onward transfer of Company Personal Data from a Contracted Processor to a Contracted Processor, or between two establishments of a Contracted Processor, in each case, where such transfer would be prohibited by Data Protection Laws (or by the terms of data transfer agreements put in place to address the data transfer restrictions of Data Protection Laws) in the absence of the Standard Contractual Clauses to be established under section [6.4.3 or] 12 below;

  • Modified Eligible Transferee means any bank, financial institution or other entity which is regularly engaged in or established for the purpose of making, purchasing or investing in loans, securities and other financial assets.

  • Authorized Transferee means a Qualified Trust of Xxxxx X. Xxxxxx or of any member of a Family Group that (a) would be a Permitted Transferee of the Partner engaging in a Transfer of Partnership Interests under the Certificate of Incorporation of each Company in which the Partnership owns Class B Shares, if such Partner were Transferring Class B Shares instead of Partnership Interests; (b) is eligible to be a Partner of the Partnership without causing any Class B Shares then held by the Partnership to be converted into Class A Shares pursuant to the applicable Certificate of Incorporation; and (c) is a Participating Stockholder of each Company whose Class B Shares are owned by the Partnership, but only if such Qualified Trust (i) is a Partner immediately prior to the Transfer of Partnership Interests to such Qualified Trust or (ii) prior to or simultaneously with such Transfer, executes and delivers to the Partnership a counterpart of this Agreement, executed by the trustee of such Qualified Trust, agreeing to be subject to the restrictions and obligations of a Partner hereunder and to hold all Partnership Interests then owned or later acquired by such Qualified Trust in accordance with the terms of this Agreement, such counterpart to be substantially in the form of Exhibit 1 hereto. In particular, a Qualified Trust may not necessarily qualify under clauses (a) and (b) above. Therefore, care must be given to ensure that, for purposes of determining whether a Qualified Trust is an Authorized Transferee, such Qualified Trust qualifies under clauses (a) and (b) above. In addition, an “Authorized Transferee” of a General Partnership Interest also includes a “Qualified Entity” (defined in Section 1.18 below).

  • Wire Transfer means a payment in immediately available funds by wire transfer in lawful money of the United States of America to such account or accounts as shall have been designated by notice to the paying party.

  • Qualified Transferee means an “accredited investor” as defined in Rule 501 promulgated under the Securities Act.

  • Cooperative Stock Certificate With respect to a Cooperative Loan, the stock certificate or other instrument evidencing the related Cooperative Stock.

  • Approved Transferee means (a) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more, (b) an affiliate of the Funding Lender, or (c) a trust or custodial arrangement established by the Funding Lender or one of its affiliates the beneficial interests in which will be owned only by QIBs.

  • Service Transfer has the meaning assigned in Section 7.02.

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

  • Transfer student A student who enters a participating college or university after earning college-level credit at another college or university.

  • transfer day means Monday – Friday, to 7:00 p.m., Central Time. Holidays are not included.

  • Family or household member means (i) the person's spouse, whether or not he or she resides in the

  • Transfer Shares has the meaning ascribed to such term in Section 6.2(a)

  • Eligible Transferee means and include a commercial bank, financial institution or other "accredited investor" (as defined in Regulation D of the Securities Act).