Estate Planning Purposes definition

Estate Planning Purposes means a transfer of Common Stock by a Stockholder who is a natural person (and who is also an Employee at such time) for bona fide estate planning purposes, either during his or her lifetime or on death by will or intestacy to a Permitted Family Member and / or to an Estate Planning Entity;
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Examples of Estate Planning Purposes in a sentence

  • Section 10 is amended by inserting the following new Section 10.4 to the end thereof 10.4 Transferability of Awards for Estate Planning Purposes.

  • A holder of Ordinary Shares who is also an Employee may transfer his Ordinary Shares to a Family Member or to an Estate Planning Entity solely for Estate Planning Purposes provided that, in each case, the relevant Shareholder shall deliver prior written notice to the Company of such transfer.

Related to Estate Planning Purposes

  • the Planning Acts means the Town and Country Planning Xxx 0000 and the other enactments defined as the “Planning Acts” in Section 336 of the Town and Country Planning Xxx 0000 and every other enactment relating to the use development and occupation of land and buildings for the time being in force

  • Academic year means the period of twelve months beginning on 1st January, 1st April, 1st July or 1st September according to whether the course in question begins in the winter, the spring, the summer or the autumn respectively but if students are required to begin attending the course during August or September and to continue attending through the autumn, the academic year of the course is to be considered to begin in the autumn rather than the summer;

  • Family planning services means services for clients of child bearing age (including minors who can be considered to be sexually active) who desire such services and that are intended to prevent pregnancy or otherwise limit family size.

  • Planning area means a planning area or a development area or a local planning area or a regional development plan area, by whatever name called, or any other area specified as such by the appropriate Government or any competent authority and includes any area designated by the appropriate Government or the competent authority to be a planning area for future planned development, under the law relating to Town and Country Planning for the time being in force and as revised from time to time;

  • Partnership Interest means an ownership interest in the Partnership held by either a Limited Partner or the General Partner and includes any and all benefits to which the holder of such a Partnership Interest may be entitled as provided in this Agreement, together with all obligations of such Person to comply with the terms and provisions of this Agreement.

  • Planning Period means the 12 moths beginning June 1 and extending through May 31 of the following year, or such other period approved by the Members Committee.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • Planning Director means the Planning Director of the City of Santa Xxxxxx, or his or her designee.