Ultimate Disposition Clause Samples
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Ultimate Disposition. If a Holder disposes of all of such Holder's Stock in accordance with this Agreement, such Holder shall cease to be a party to this Agreement and shall have no further rights or obligations hereunder.
Ultimate Disposition. Any part of the Family Trust, including all income accrued and undistributed since the last payment period, which shall fail to pass under any of the above provisions of this Trust Agreement shall be distributed to those persons who would take Grantor's personal property under the Ohio Statutes of Descent and Distribution then in force and effect, as though Grantor had then died, unmarried, intestate, a resident of the State of Ohio and owner of the Family Trust.