Examples of Shareholder Trust in a sentence
The omission of the foregoing exculpatory clause in such instrument shall not render any Shareholder, Trust Manager, Executive Officer, employee or agent liable thereunder to any third party, nor shall the Trust Manager or any officers, employees or agents of the Trust be liable to anyone for such omission.
Hence the Shareholder Trust can be used as an Income Tax planning tool.
The other 50 is owned by the Shareholder Trust, of which Director B with his family are both Trustees and Beneficiaries.
The Life Assurance Policies are assigned to the Shareholder Trust.
Notwithstanding the provisions of Section 1 or Section 7 hereof, a Shareholder may transfer Shares to a trust created by the Shareholder (“Shareholder Trust”), provided that such a Shareholder Trust enters into an agreement with the Company acknowledging the existence of this Agreement and agreeing that any disposition of the Shares by the Shareholder Trust (including any transfers to beneficiaries) will be made in compliance with the terms and conditions of this Agreement.
There are no Proceedings pending, or, to the Knowledge of the Holder or the Shareholder Trust, threatened against or affecting the Holder or the Shareholder Trust relating to this Agreement or the transactions contemplated hereby.
Sellers, the Holder and the Shareholder Trust shall have made the deliveries contemplated by SECTION 3.3.
No agent, broker, investment banker, financial advisor or other firm or person is entitled to any brokerage, finder’s, financial advisor’s or other similar fee or commission for which Purchaser or Sub could become liable in connection with the transactions contemplated by this Agreement as a result of any action taken by or on behalf of the Holder, the Shareholder Trust or any of its Affiliates or beneficiaries.
The Voting Trustee shall hold the same subject to the terms of this Agreement and shall thereupon issue and deliver to the Shareholder Trust Certificates, for the number of Trust Shares so deposited.
As a trust-owned EDB, we have a strong consumer focus and seek to benefit both our Shareholder Trust Horizon and the communities we serve.