Related Transferees definition

Related Transferees means, with respect to any Stockholder, the Principal of such Stockholder, his spouse, his children, trusts solely for the benefit of such Principal, spouse or children and, in the event of his death, his personal representatives (in their capacities as such), estate and named beneficiaries.
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Related Transferees means, (i) with respect to each Stockholder who is a natural person, such Stockholder's spouse, any lineal descendant (whether by birth or adoption), and trusts for the benefit of his spouse or lineal descendants (whether by birth or adoption), and, upon the death, disability or incompetence of such Stockholder, his estate or personal representative and (ii) with respect to any Stockholder who is not a natural person, the Affiliates of such Stockholder, any partner of any Stockholder which is a partnership and any successor trustee of any Stockholder which is a trustee.
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Related Transferees of Optionee as used herein shall consist of Optionee’s spouse, his or her adult lineal descendants, the adult spouses of his or her lineal descendants and trusts for the benefit of any of the foregoing, Optionee and/or his or her minor lineal descendants. In the event of any transfer by Optionee to his or her Related Transferees of all or any part of the Option Shares (or in the event of any subsequent transfer by any such Related Transferee to another Related Transferee of Optionee), such Related Transferees shall receive and hold the Option Shares subject to the relevant terms of this Option Agreement and Optionee’s rights and obligations hereunder as though the Option Shares were still owned by Optionee and shall together with Optionee continue to be deemed to be the “Optionee” for purposes of this Option Agreement, including without limitation restrictions on the transfer of Option Shares. There shall be no further transfer of the Option Shares by a Related Transferee except between and among such Related Transferee, the Optionee and other Related Transferees of Optionee, or except as permitted by this Option Agreement. The Company advises Optionee to seek independent tax counsel prior to transferring any Option Shares to any Related Transferee.
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Examples of Related Transferees in a sentence

  • Issue #2: Related Transferees – Members of the Family – A gapThe penultimate sentence in Prop.

  • Assessors can independently process a LEOP CIO.8. Related Transferees – Open Ended.

  • We respectfully request that Treasury review this provision and determine how to clarify the issues presented.Issue #3: Related Transferees – Distributions to a TrustProp.


More Definitions of Related Transferees

Related Transferees of the Optionee as used herein shall consist of the Optionee's spouse, his adult lineal descendants, the adult spouses of his lineal descendants and trusts for the benefit of any of the foregoing, Optionee and/or his minor lineal descendants. In the event of any transfer by the Optionee to his Related Transferees of all or any part of the Option Shares (or in the event of any subsequent transfer by any such Related Transferee to another Related Transferee of the Optionee), such Related Transferees shall receive and hold the Option Shares subject to the relevant terms of the Option Agreement and the Optionee's rights and obligations hereunder as though the Option Shares were still owned by the Optionee and shall together with the Optionee continue to be deemed to be the "Optionee" for purposes of the Option Agreement, including without limitation restrictions on the transfer of Option Shares. There shall be no further transfer of the Option Shares by a Related Transferee except between and among such Related Transferee, the Optionee and other Related Transferees of the Optionee, or except as permitted by the Option Agreement. The Company advises the Optionee to seek independent tax counsel prior to transferring any Option Shares to any Related Transferee.
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Related Transferees shall have the meaning set forth in Section ------------------- 2.08(a)
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Related Transferees of the Participant shall consist of the Participant’s spouse, the Participant’s adult lineal descendants, the adult spouses of such lineal descendants, trusts solely for the benefit of the Participant’s spouse or the Participant’s minor or adult lineal descendants and, in the event of death, the Participant’s personal representatives (in their capacities as such), estate and named beneficiaries. In the event of any Transfer by the Participant to the Participant’s Related Transferees of all or any part of the Applicable Shares owned by the Participant (or in the event of any subsequent Transfer of such shares by any such Related Transferee to another Related Transferee of the Participant), such Related Transferees shall receive and hold said Applicable Shares subject to (and shall be bound by) the terms of this Agreement and the rights and obligations hereunder of the Participant, from whom such Applicable Shares were originally transferred, as though said Applicable Shares were still owned by the Participant, and such Related Transferees shall be treated as if they were the Participant for the purposes their stock-related rights and obligations under this Agreement. There shall be no further Transfer of such Applicable Shares by a Related Transferee except between and among such Related Transferee, the Participant and the other Related Transferees of the Participant, or except as may otherwise be permitted by this Agreement.
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Related Transferees has the meaning specified in Clause 6.05;
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Related to Related 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.

  • Transferees as defined in subsection 10.5(g).

  • Permitted Assignees shall have the meaning set forth in Section 3(e) hereto;

  • Transferee’s Principals shall include Transferee's (A) managing members, general partners or principal shareholders and (B) such other members, partners or shareholders which directly or indirectly shall own a 15% or greater interest in Transferee;

  • Permitted Transactions has the meaning set forth in Section 13(B).

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Family Group means, with respect to any individual, such individual’s spouse and descendants (whether natural or adopted) and any trust, partnership, limited liability company or similar vehicle established and maintained solely for the benefit of (or the sole members or partners of which are) such individual, such individual’s spouse and/or such individual’s descendants.

  • Permitted Transaction means any transaction involving (i) a Swap that is not a Required Transaction or (ii) a Required Transaction that is a component of a Covered Package Transaction.

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

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

  • Assignees has the meaning specified in Section 10.07(b).

  • Principal Stockholders CERTAIN TRANSACTIONS," "DESCRIPTION OF SECURITIES," and "SHARES ELIGIBLE FOR FUTURE SALE" have been reviewed by such counsel, and insofar as they refer to statements of law, descriptions of statutes, licenses, rules or regulations or legal conclusions, are correct in all material respects;

  • Designated Transaction means a Transaction which fulfils the following requirements:

  • Designated family member means any of the following:

  • Permitted Assignee means (a) with respect to a partnership, its partners or former partners in accordance with their partnership interests, (b) with respect to a corporation, its stockholders in accordance with their interest in the corporation, (c) with respect to a limited liability company, its members or former members in accordance with their interest in the limited liability company, (d) with respect to an individual party, any Family Member of such party, (e) an entity that is controlled by, controls, or is under common control with a transferor, or (f) a party to this Agreement.

  • Principal Stockholder means, collectively, (i) the Sponsor and (ii) any affiliate or successor of a person referenced in clauses (i) and (ii) of this definition.

  • Non-Permitted Transferee A Person other than a Permitted Transferee.

  • Permitted Trust means a bona fide trust where each trustee is (i) a Qualified Stockholder, (ii) a Family Member, or (iii) a professional in the business of providing trustee services, including private professional fiduciaries, trust companies and bank trust departments.

  • Founder means, in respect of an issuer, a person who,

  • Investors means the Initial Investors and any transferee or assignee who agrees to become bound by the provisions of this Agreement in accordance with Section 9 hereof.

  • Investor is defined in the preamble to this Agreement.

  • Transferring Stockholder has the meaning assigned to such term in Section 3.4(a).

  • Investor Group means the Sponsor and its affiliates, successors and assigns.

  • Prospective Purchaser shall have the meaning set forth herein in Section 2.2(a).

  • Family or household members means spouses, domestic partners, former spouses, former domestic partners, persons who have a child in common regardless of whether they have been married or have lived together at any time, adult persons related by blood or marriage, adult persons who are presently residing together or who have resided together in the past, persons sixteen years of age or older who are presently residing together or who have resided together in the past and who have or have had a dating relationship, persons sixteen years of age or older with whom a person sixteen years of age or older has or has had a dating relationship, and persons who have a biological or legal parent-child relationship, including stepparents and stepchildren and grandparents and grandchildren.