Participant Death. If any distribution or delivery is to be made to the Participant at any particular time under this Agreement, and if the Participant is then deceased, then such distribution or delivery will be made to the Participant’s designated beneficiary, or, if no beneficiary survives the Participant, then to the administrator or executor of the Participant’s estate. Any such transferee must furnish NextG with (a) written notice of such person’s status as transferee and (b) evidence satisfactory to NextG to establish the transfer’s validity and compliance with any laws or regulations pertaining to such transfer.
Appears in 2 contracts
Sources: Performance Share Award Agreement (Nextg Networks Inc), Restricted Stock Unit Award Agreement (Nextg Networks Inc)
Participant Death. If any distribution or delivery is to be made to the Participant at any particular time under this Agreement, and if the Participant is then deceased, then such distribution or delivery will be made to the Participant’s designated beneficiary, or, if no beneficiary survives the Participant, then to the administrator or executor of the Participant’s estate. Any such transferee must furnish NextG with (a) written notice of such person’s status as transferee and (b) evidence satisfactory to NextG to establish the transfer’s validity and compliance with any laws or regulations pertaining to such transfer.
Appears in 1 contract
Sources: Restricted Stock Award Agreement (Nextg Networks Inc)