Common use of Death of Participant Clause in Contracts

Death of Participant. Notwithstanding any provision of this Award Agreement to the contrary, any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceased, be made to the administrator or executor of Participant’s estate, Participant’s legal heirs or, provided such designation has been permitted by the Company and/or is valid under Applicable Laws, Participant’s designated beneficiary. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Amkor Technology, Inc.), Restricted Stock Unit Award Agreement (Amkor Technology, Inc.), Restricted Stock Unit Award Agreement (Amkor Technology, Inc.)

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Death of Participant. Notwithstanding any provision of this Award Agreement to the contrary, any Any distribution or delivery to be made to Participant under this Award Agreement willAgreement, if Participant is then deceased, will be made to Participant’s designated beneficiary (if applicable and to the extent the Administrator has permitted such beneficiary designation with respect to this Award) or, absent a designated beneficiary or if no beneficiary survives Participant, the administrator or executor of Participant’s estate, Participant’s legal heirs or, provided such designation has been permitted by the Company and/or is valid under Applicable Laws, Participant’s designated beneficiary. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Pacific Biosciences of California, Inc.), Pacific Biosciences of California, Inc.

Death of Participant. Notwithstanding any provision of this Award Agreement to the contrary, any Any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceased, be made to Participant’s designated beneficiary, or if no beneficiary survives Participant or if no beneficiary is designated or permitted to be designated or if the Company determines, in its discretion, that a beneficiary designation is not valid, the administrator or executor of Participant’s estate, Participant’s legal heirs or, provided such designation has been permitted by the Company and/or is valid under Applicable Laws, Participant’s designated beneficiary. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 2 contracts

Samples: Global Stock Option Award Agreement (Pacific Biosciences of California, Inc.), Restricted Stock Award Agreement (Pacific Biosciences of California, Inc.)

Death of Participant. Notwithstanding any provision of this Award Agreement to the contrary, any Any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceased, be made to the administrator or executor of Participant’s estate, Participant’s 's legal heirs or, provided such designation has been permitted by the Company and/or is valid under Applicable Laws, Participant’s 's designated beneficiary. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Amkor Technology, Inc.), Restricted Stock Award Agreement (Amkor Technology, Inc.)

Death of Participant. Notwithstanding any provision of this Award Agreement to the contrary, any Any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceased, be made to Participant’s designated beneficiary, provided the beneficiary designation is valid under Applicable Laws and permitted by the Company for Participant’s jurisdiction, or if no beneficiary survives Participant, the administrator or executor of Participant’s estate, Participant’s legal heirs or, provided such designation has been permitted by the Company and/or is valid under Applicable Laws, Participant’s designated beneficiary. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 1 contract

Samples: Performance Unit Agreement (Elastic N.V.)

Death of Participant. Notwithstanding any provision of this Award Agreement to the contrary, any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceased, be made to the administrator or executor of Participant’s estate, Participant’s legal heirs or, provided such designation has been permitted by the Company Copay and/or is valid under Applicable Laws, Participant’s designated beneficiary. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Amkor Technology, Inc.)

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Death of Participant. Notwithstanding any provision of this Award Agreement to the contrary, any Any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceaseddeceased and has been permitted by the Administrator to designate a beneficiary, be made to Participant’s designated beneficiary, or if no beneficiary survives Participant or Participant has not been permitted to designate a beneficiary, the administrator or executor of Participant’s estate, Participant’s legal heirs or, provided such designation has been permitted by the Company and/or is valid under unless otherwise required to comply with Applicable Laws, Participant’s designated beneficiary. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Aadi Bioscience, Inc.)

Death of Participant. Notwithstanding any provision of this Award Agreement to the contrary, any Any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceased, be made to Participant’s heirs or designated beneficiary, to the extent permitted under Applicable Laws, or if no heir (or designated beneficiary to the extent permitted under Applicable Laws) survives Participant, the administrator or executor of Participant’s estate, Participant’s legal heirs or, provided such designation has been permitted by the Company and/or is valid under Applicable Laws, Participant’s designated beneficiary. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Fluidigm Corp)

Death of Participant. Notwithstanding any provision of this Award Agreement to the contrary, any Any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceased, be made to Participant’s designated beneficiary [(to the extent such designation is permitted by the Company and the Company has determined it to be valid under applicable law),] or if no beneficiary has been validly designated or no beneficiary survives Participant, the administrator or executor of Participant’s estate, Participant’s legal heirs or, provided such designation has been permitted by the Company and/or is valid under Applicable Laws, Participant’s designated beneficiary. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Intuit Inc)

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