Common use of Marital Status Clause in Contracts

Marital Status. Participant shall use reasonable efforts to secure the signature of Participant’s spouse on the spousal consent attached hereto as Exhibit F. In the event that Participant fails to secure such signature, and as a result a portion of the Brand Income of Participant is deemed “community property” or Participant’s spouse can otherwise claim legal ownership to any Brand Income, then Participant shall nonetheless be required to calculate and deliver any installment payments of the Brand Amount based on the entirety of the Brand Income (including any such portion thereof that is deemed to be such spouse’s share of community property or otherwise property of such spouse).

Appears in 9 contracts

Samples: Letter Agreement, Fantex Brand Agreement (Fantex, Inc.), Fantex Brand Agreement (Fantex, Inc.)

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Marital Status. Participant shall shall, if applicable, use reasonable efforts to secure the signature of Participant’s spouse on in substantially the form of spousal consent attached hereto as Exhibit F. In the event that Participant fails to secure such signature, and as a result a portion of the Brand Income of Participant is deemed “community property,” or Participant’s spouse can otherwise claim legal ownership to any Brand Income, then Participant shall nonetheless be required to calculate and deliver any installment payments of the Brand Amount based on the entirety of the Brand Income (including any such portion thereof that is deemed to be such spouse’s share of community property or otherwise property of such spouse).

Appears in 7 contracts

Samples: Fantex Brand Agreement (Fantex, Inc.), Fantex Brand Agreement (Fantex, Inc.), Fantex Brand Agreement (Fantex, Inc.)

Marital Status. Participant shall use reasonable efforts to secure the signature of Participant’s spouse spouse, if any, on the spousal consent attached hereto as Exhibit F. E. In the event that Participant fails to secure such signaturesignature prior to the execution of this Agreement, and as a result a portion of the Brand Income of Participant is deemed “community property” or Participant’s spouse can otherwise claim legal ownership to any Brand Income, then Participant shall nonetheless be required to calculate and deliver any installment payments of the Brand Amount based on the entirety of the Brand Income (including any such portion thereof that is deemed to be such spouse’s share of community property or otherwise property of such spouse).

Appears in 3 contracts

Samples: Master Brand Agreement (Vestible Assets, LLC), Master Brand Agreement (Vestible Assets, LLC), Master Brand Agreement (Vestible Assets, LLC)

Marital Status. Participant shall use reasonable efforts to secure the signature of Participant’s spouse on the spousal consent attached hereto as Exhibit F. In the event that Participant fails to secure such signature, and as a result a portion of the Brand Income of Participant is deemed “community property” or Participant’s spouse can otherwise claim legal ownership to any Brand Income, then Participant shall nonetheless be required to calculate and deliver any installment payments of the Brand Amount based on the entirety of the Brand Income (including any such portion thereof that is deemed to be such spouse’s share of community property or otherwise property of such spouse). 6.8.

Appears in 2 contracts

Samples: Letter Agreement (Fantex, Inc.), Letter Agreement (Fantex, Inc.)

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Marital Status. Participant shall shall, if applicable, use reasonable efforts to secure the signature of Participant’s spouse on in substantially the form of spousal consent attached hereto as Exhibit F. In the event that Participant fails to secure such signature, and as a result a portion of the Brand Income of Participant is deemed “community property,” or Participant’s spouse can otherwise claim legal ownership to any Brand Income, then Participant shall nonetheless be required to calculate and deliver any installment payments of the Brand Amount based on the entirety of the Brand Income (including any such portion thereof that is deemed to be such spouse’s share of community property or otherwise property of such spouse).. Fantex Brand Agreement Standard Terms & Conditions

Appears in 1 contract

Samples: Fantex Brand Agreement (Fantex, Inc.)

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