GRANTEE. Whenever the word "Grantee" is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to the estate, personal representative or beneficiary to whom this Option may be transferred by will or by the laws of descent and distribution, the word "Grantee" shall be deemed to include such person.
Appears in 11 contracts
Samples: Performance Stock Option Grant Agreement (Powerize Com Inc), Incentive Stock Option Grant Agreement (Regeneration Technologies Inc), Shareholders' Agreement (Powerize Com Inc)
GRANTEE. Whenever the word "Grantee" is used in any provision -------------------- of this Agreement under circumstances where the provision should logically be construed to apply to the estate, personal representative or beneficiary to whom this Option may be transferred by will or by the laws of descent and distribution, the word "Grantee" shall be deemed to include such person.
Appears in 7 contracts
Samples: Grant Agreement (Network Access Solutions Corp), Grant Agreement (Network Access Solutions Corp), Incentive Stock Option Grant Agreement (Network Access Solutions Corp)
GRANTEE. Whenever the word "“Grantee" ” is used in any provision of this Agreement under circumstances where the provision should logically be construed to apply to the estate, personal representative or beneficiary to whom this Option may be transferred by will or by the laws of descent and distribution, the word "“Grantee" ” shall be deemed to include such person.
Appears in 5 contracts
Samples: Incentive Stock Option Grant Agreement (Regeneration Technologies Inc), Nonqualified Stock Option Grant Agreement (Regeneration Technologies Inc), Incentive Stock Option Grant Agreement (Regeneration Technologies Inc)
