Transfer Upon Death Sample Clauses

Transfer Upon Death. Upon the death of a Licensee or Equity Owner who is a natural person, this Agreement or the Equity Interest of the deceased Equity Owner may Transfer in accordance with such person’s will or, if such person dies intestate, in accordance with laws of intestacy governing the distribution of such person’s estate without our consent, provided that: (i) the Transfer Upon Death is to an immediate family member or to a legal entity formed by such family member(s); and (ii) within one (1) year after the death, such family member(s) or entity meet all of our then current requirements for an approved applicant and the Transfer otherwise satisfies the conditions in this Subparagraph 11.b.(2).

Transfer Upon Death. The legal representative of a deceased Person who holds a Membership Interest is hereby authorized to distribute the deceased individual’s direct or indirect interest in the Membership Interest, without liquidation thereof, to the Person or Persons entitled thereto under the applicable laws of testate or intestate succession. The legal representative of a deceased individual holding the direct or indirect interest in the Membership Interest shall promptly notify the Fund of such individual’s death. Neither the legal representative of the deceased individual nor any distributee of the deceased individual’s direct or indirect interest in the Membership Interest may require that the Membership Interest be redeemed or liquidated by the Fund. No Transferee of a deceased individual’s Membership Interest shall be a Member unless admitted in accordance with Section 8.1(b).

Transfer Upon Death. Subject to the provisions of Section 9.1, upon the death of any holder of Management Equityholder Shares, the Management Equityholder Shares held by such holder may be distributed by will or other instrument taking effect at death or by applicable laws of descent and distribution to such holder's estate, executors, administrators and personal representatives, and then to such holder's heirs, legatees or distributees, whether or not such recipients are Members of the Immediate Family of such holder.

Transfer Upon Death. Notwithstanding anything herein to the contrary, a Shareholder may transfer any of his Shares by will or the laws of descent and distribution. Any Shares so transferred shall remain subject to this Agreement, and all rights, obligations and provisions for purchase of such Shares hereunder shall remain unaffected by such a transfer.

Transfer Upon Death. Notwithstanding Section 1 hereto, any Shareholder may, upon his or her death, transfer all or a portion of his or her Shares to a beneficiary in accordance with his or her last will and testament or by operation of the applicable law for the administration of estates upon intestacy, provided that such beneficiary agrees to become a party to this Agreement and to be bound by and have the benefit of the terms and conditions of this Agreement.

Transfer Upon Death. This Agreement shall be transferred to the following individual in the event of Customer death. NAME ADDRESS

Transfer Upon Death. The Company shall issue the shares of Common Stock underlying the vested French-Qualified RSUs, if any, to Holder’s heirs, at their request, if such request occurs within six (6) months following the death of Holder and pursuant to the conditions provided for in the Agreement. If Holder’s heirs do not request the issuance of the shares of Common Stock underlying the vested French-Qualified RSUs within six (6) months following Holder’s death, the vested French-Qualified RSUs will be forfeited. Subject to Section 2.4 of the Agreement, any unvested French-Qualified RSUs will be forfeited upon Holder’s death. Holder’s heirs shall not be subject to the restriction on the sale of the shares of Common Stock. Sub-Plan. The French-Qualified RSUs shall be subject to the terms and conditions of any French sub-plan that the Company may adopt from time to time in order to maintain the tax-qualified status of such RSUs, the terms and conditions of which shall be incorporated by reference into the Agreement and this Appendix I and made a part hereof. United Kingdom The Holder agrees to indemnify and keep indemnified the Company and the Employer from and against any liability for or obligation to pay, and Holder shall be solely responsible for, any income tax, employee’s National Insurance Contributions and Employer’s National Insurance Contributions (or any other similar tax liabilities arising in any other jurisdiction) (collectively “Tax Liability”) that is attributable to:-

Transfer Upon Death. This Agreement shall not be construed to prevent a transfer of any equity securities of the Company by an Individual Stockholder by will or intestate succession, PROVIDED that the person so acquiring such securities (a "TRANSFEREE UPON DEATH") immediately notifies the Company of such acquisition and executes and delivers to the Company an agreement to be bound by all of the provisions of this Agreement applicable to such applicable Individual Stockholder and naming the Purchasers as intended third-party beneficiaries of such agreement, and PROVIDED, FURTHER, that the Company and the Purchasers shall have the option to purchase from such acquiring person the securities so acquired as if, and upon the same terms and conditions as if, at the time of such acquisition such acquiring person had given a Transfer Notice or Founders Transfer Notice in accordance with the provisions of Section 3 or 4, as applicable, of this Agreement, stating a price equal to the Fair Market Value of such securities (as determined in accordance with Section 5(c) below).

Transfer Upon Death. To effect a testamentary transfer of a GDI business, the successor must provide the following to GDI: (1) an original death certificate; (2) a notarized copy of the will or other instrument establishing the successor’s right to the GDI business; and (3) a completed and executed Affiliate Agreement.