Common use of Certain Trusts Clause in Contracts

Certain Trusts. Upon receiving written permission from the Board or its duly authorized designee, you may transfer your Award to a trust if you are considered to be the sole beneficial owner (determined under Section 671 of the Code and applicable state law) while the Award is held in the trust, provided that you and the trustee enter into transfer and other agreements required by the Company.

Appears in 11 contracts

Sources: Restricted Stock Unit Agreement (Ionis Pharmaceuticals Inc), Restricted Stock Unit Agreement (Exelixis, Inc.), Restricted Stock Unit Agreement (Exelixis, Inc.)

Certain Trusts. Upon receiving written permission from the Board or its duly authorized designee, you the Award may transfer your Award be transferred to a trust if you are the Holder is considered to be the sole beneficial owner (determined under Section 671 of the Code and applicable state law) while the Award is held in the trust, provided that you ▇▇▇▇▇▇ and the trustee enter into transfer and other agreements required by the Company.

Appears in 1 contract

Sources: Performance Based Restricted Stock Unit Award Agreement (Porch Group, Inc.)

Certain Trusts. Upon receiving written permission from the Board or its duly authorized designee, you the Participant may transfer your the Award to a trust if you are that Participant is considered to be the sole beneficial owner (determined under Section 671 of the U.S. Internal Revenue Code (the “Code”) and applicable state law) while the Award is held in the trust, provided that you the Participant and the trustee enter into transfer and other agreements required by the Company.

Appears in 1 contract

Sources: Transition Agreement (Trinet Group, Inc.)

Certain Trusts. Upon receiving written permission from the Board or its duly authorized designee, you may transfer your Award to a trust if you are considered to be the sole beneficial owner (determined under Section 671 of the Code and applicable state law) while the Award is held in the trust, provided that you . You and the trustee must enter into transfer and other agreements required by the Company.

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (Grove Collaborative Holdings, Inc.)

Certain Trusts. Upon receiving written permission from the Board or its duly authorized designee, you may transfer your the Award to a trust if you are considered to be the sole beneficial owner (determined under Section 671 of the Code and applicable state law) while the Award is held in the trust, provided that you and the trustee enter into transfer and other agreements required by the Company.

Appears in 1 contract

Sources: Restricted Stock Unit Award Agreement (Atara Biotherapeutics, Inc.)

Certain Trusts. Upon receiving written permission from the Board or its duly authorized designee, you Participant may transfer your this Award to a trust if you are Participant is considered to be the sole beneficial owner (determined under Section 671 of the Code and applicable state law) while the Award is held in the trust, provided that you Participant and the trustee enter into transfer and other agreements required by the Company.

Appears in 1 contract

Sources: Restricted Stock Unit Award Agreement (Broadsoft Inc)