Common use of Transfers Upon Death Clause in Contracts

Transfers Upon Death. Upon the death of the Grantee, all Shares shall be subject to the Repurchase and all Vested Shares shall be and remain subject to Section 4(c), if applicable, and the Grantee’s estate, executors, administrators, personal representatives, heirs, legatees and distributees shall be obligated to convey such Shares to the Company or its assigns under the terms contemplated hereby.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Demandware Inc), Restricted Stock Agreement (Demandware Inc), Restricted Stock Agreement (Monotype Imaging Holdings Inc.)

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Transfers Upon Death. Upon the death of the Grantee, all Shares shall be subject to the Repurchase and all Vested Shares shall be and remain subject to Section 4(c), if applicable, and the Grantee’s 's estate, executors, administrators, personal representatives, heirs, legatees and distributees shall be obligated to convey such Shares to the Company or its assigns under the terms contemplated hereby.

Appears in 2 contracts

Samples: Stock Restriction Agreement (BladeLogic, Inc.), BladeLogic, Inc.

Transfers Upon Death. Upon the death of the Grantee, all Shares shall be subject to the Repurchase and all Vested Shares shall be and remain subject to Section 4(cSections 3, 4, 5 and 10(a), if as applicable, and the Grantee’s estate, executors, administrators, personal representatives, heirs, legatees and distributees shall be obligated to convey such Shares to the Company or its assigns under the terms contemplated hereby.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Open Link Financial, Inc.), Restricted Stock Agreement (Open Link Financial, Inc.)

Transfers Upon Death. Upon the death of the Grantee, all Shares shall be subject to the Repurchase and all Vested Shares shall be and remain subject to Section 4(cSections 3, 4, 5, 7 and 10(a), if as applicable, and the Grantee’s estate, executors, administrators, personal representatives, heirs, legatees and distributees shall be obligated to convey such Shares to the Company or its assigns under the terms contemplated hereby.

Appears in 1 contract

Samples: Restricted Stock Agreement (Open Link Financial, Inc.)

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Transfers Upon Death. Upon the death of the Grantee, (i) all Restricted Shares shall be subject to the Company's Repurchase and all Vested Shares shall be and remain subject to Section 4(c), if applicable, option and the Grantee’s 's estate, executors, administrators, personal representatives, heirs, legatees and distributees shall be obligated to convey such Restricted Shares to the Company or its assigns under the terms as contemplated herebyby Section 3, and all Restricted Shares not so repurchased shall be and remain subject to this Section 4, and (ii) all Vested Shares shall remain subject to this section 4.

Appears in 1 contract

Samples: Restricted Stock Agreement (Boron Lepore & Associates Inc)

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