Common use of Exception for Certain Family Transfers Clause in Contracts

Exception for Certain Family Transfers. Anything to the contrary contained in this Section 12 notwithstanding, the transfer of any or all of the Shares during Participant’s lifetime or on Participant’s death by will or intestacy to Participant’s immediate family or a trust for the benefit of Participant’s immediate family shall be exempt from the provisions of this Section 12. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Agreement, including but not limited to this Section 12 and Section 9, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 12.

Appears in 12 contracts

Samples: Restricted Stock Purchase Agreement (Upland Software, Inc.), Restricted Stock Purchase Agreement (Apptio Inc), Restricted Stock Purchase Agreement (Upland Software, Inc.)

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Exception for Certain Family Transfers. Anything to the contrary contained in this Section 12 11 notwithstanding, the transfer of any or all of the Shares during Participant’s lifetime or on Participant’s death by will or intestacy to Participant’s immediate family or a trust for the benefit of Participant’s immediate family shall be exempt from the provisions of this Section 1211. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Agreement, including but not limited to this Section 12 11 and Section 98, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 1211.

Appears in 3 contracts

Samples: Equity Incentive Plan (Alto Neuroscience, Inc.), Incentive Plan Restricted Stock Agreement (LogicBio Therapeutics, Inc.), Restricted Stock Agreement (Juno Therapeutics, Inc.)

Exception for Certain Family Transfers. Anything to the contrary contained in this Section 12 14 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall be exempt from the provisions of this Section 1214. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Agreement, including but not limited to this Section 12 and Section 914, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 1214.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Acutus Medical, Inc.), Restricted Stock Unit Award Agreement (Yodlee Inc), Restricted Stock Unit Award Agreement (Cornerstone OnDemand Inc)

Exception for Certain Family Transfers. Anything to the contrary contained in this Section 12 14 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall will be exempt from the provisions of this Section 1213. “Immediate Family” as used herein shall will mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall will receive and hold the Shares so transferred subject to the provisions of this Award Agreement, including but not limited to this Section 12 and Section 913, and there shall will be no further transfer of such Shares except in accordance with the terms of this Section 1213.

Appears in 2 contracts

Samples: Equity Incentive Plan (Domo, Inc.), Equity Incentive Plan (Domo, Inc.)

Exception for Certain Family Transfers. Anything to the contrary contained in this Section 12 15 notwithstanding, the transfer of any or all of the Shares during Participant’s lifetime or on Participant’s death by will or intestacy to Participant’s immediate family Immediate Family (as defined below) or a trust for the benefit of Participant’s immediate family shall Immediate Family will be exempt from the provisions of this Section 1215. “Immediate Family” as used herein shall will mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall will receive and hold the Shares so transferred subject to the provisions of this AgreementAward Agreement (including, including but not limited to to, this Section 12 and Section 915), and there shall will be no further transfer of such Shares except in accordance with the terms of this Section 1215.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Ibotta, Inc.)

Exception for Certain Family Transfers. Anything to the contrary contained in this Section 12 11(a) notwithstanding, the transfer of any or all of the Shares shares during Participant’s your lifetime or on Participant’s your death by will or intestacy to Participant’s immediate family your Immediate Family or a trust for the benefit of Participant’s immediate family your Immediate Family shall be exempt from the provisions of this Section 1211(a). “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares shares so transferred subject to the provisions of this Agreement, including but not limited to this Section 12 and Section 9Section, and there shall be no further transfer of such Shares shares except in accordance with the terms of this Section 1211.

Appears in 1 contract

Samples: Option Agreement (Rodgers Silicon Valley Acquisition Corp)

Exception for Certain Family Transfers. Anything to the contrary contained in this Section 12 14 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall be exempt from the provisions of this Section 1214. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Award Agreement, including but not limited to this Section 12 and Section 914, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 1214.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Arcellx, Inc.)

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Exception for Certain Family Transfers. Anything to the contrary contained in this Section 12 13 notwithstanding, the transfer of any or all of the Shares during the Participant’s lifetime or on the Participant’s death by will or intestacy to the Participant’s immediate family or a trust for the benefit of the Participant’s immediate family shall will be exempt from the provisions of this Section 1213. “Immediate Family” as used herein shall will mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall will receive and hold the Shares so transferred subject to the provisions of this Award Agreement, including but not limited to this Section 12 and Section 913, and there shall will be no further transfer of such Shares except in accordance with the terms of this Section 1213.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (BlackSky Technology Inc.)

Exception for Certain Family Transfers. Anything to the contrary contained in this Section 12 11 notwithstanding, the transfer of any or all of the Shares during Participant’s lifetime or on Participant’s death by will or intestacy to Participant’s immediate family or a trust for the benefit of Participant’s immediate family shall be exempt from the provisions of this Section 1211. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Agreement, including but not limited to this Section 12 11 and Section 95, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 1211.

Appears in 1 contract

Samples: 2004 Stock Plan (Homeaway Inc)

Exception for Certain Family Transfers. Anything to the contrary contained in this Section 12 15 notwithstanding, the transfer of any or all of the Shares during Participant’s lifetime or on Participant’s death by will or intestacy to Participant’s immediate family or a trust for the benefit of Participant’s immediate family shall be exempt from the provisions of this Section 1215. “Immediate Family” as used herein shall mean spouse, lineal descendant or antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Award Agreement, including but not limited to this Section 12 and Section 915, and there shall be no further transfer of such Shares except in accordance with the terms of this Section 1215.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Intuit Inc)

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