Examples of Qualifying Stockholder in a sentence
Subject to the terms and conditions of this SRP, including the limitations on redemptions set forth in paragraph 4 and the procedures for redemption set forth in paragraph 5, the Company will redeem such number of Shares as requested by a Qualifying Stockholder.
The Company must receive the written notice within 270 days after the death of the Qualifying Stockholder.
If the Qualifying Stockholder is not a natural person, such as a trust other than a revocable grantor trust, partnership, corporation or other similar entity, these special redemption rights upon death do not apply.
A Qualifying Stockholder who wishes to have Shares redeemed must mail or deliver to the Company a written request on a form provided by the Company and executed by the stockholder, its trustee or authorized agent.
Subject to the terms and conditions of this SRP, including the limitations on redemptions set forth in paragraph 4 and the procedures for redemption set forth in paragraph 5, the Company will redeem such number of Shares as requested by a Qualifying Stockholder on a periodic basis as determined from time to time by the board of directors and no less frequently than annually.