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DEATH OF A SHAREHOLDER Sample Clauses


Shareholder Agreement– Revised Transfer Provisions - Simply Docs

Template Shareholder Agreement with changes made to transfer provisions to provide for transfer to family members and death or incapacity of a shareholder.

What happens to shares upon the death of a Shareholder

This kind of agreement provides that, if a shareholder dies, the existing shareholders can require the deceased's shares to be transferred to ...

What happens when a company shareholder dies?

When a company shareholder dies, a compulsory offer provision would require the shares of the deceased to be offered to the remaining members. If they decline ...

Example clauses for By Death - AllDrafts

Death. In the event of the Participant's Termination of Service by reason of the Participant's death, all Restricted Stock will vest as to all shares ...

What happens when a shareholder dies? - Harper James Solicitors

On the death of a joint shareholder, legal title passes automatically by transmission to the surviving joint shareholder. The articles usually ...

How would you provide for business succession in a will and a ...

Normally, a shareholder would provide that his shares would either pass to the other shareholders on death as a gift or be offered under cross options between ...

Example clauses for By Death - AllDrafts

Death. In the event that the Participant dies while in the employment or other service of the Company, all Restricted Stock Units which have not vested on the ...

Death Contract Clause Examples - Business Contracts | Justia

If the Executive dies during the Term, the Executive's employment shall terminate on the date of death and the Company shall pay to the Executive's executor, ...

Sample Stock Buy/Sell Agreement

In the event of the Death of a Shareholder, the following provisions and restrictions shall apply ... to the deceased Shareholder's Shares, and to all Shares ...

Examples of death clauses in contracts - Afterpattern

Death clause samples. You give us the name of the beneficiary (“Beneficiary”) who is to receive any death benefit (“Death Benefit”) payable because of your ...

Shareholders Agreement - SEC.gov

In the event that a Shareholder fails to perform its obligations under Clauses ... Any person becoming entitled to a share in consequence of the death or ...

RCW 18.100.116: Death of shareholder, transfer to ineligible person ...

The shares held by the deceased shareholder or by the ineligible person may be transferred to remaining shareholders of the corporation or may be redeemed by ...

What Happens When a Shareholder Dies? - Morr & Co

If a shareholder dies their estate, including their shares, passes under the terms of their Will. If the deceased did not leave a Will the shares and estate ...

Shareholders' agreements - RBC Wealth Management

In cases of severe illness, such as incapacity, or death of a shareholder, a share redemption clause can provide guidance as to how that shareholder's shares ...

navigating 'deemed offer' provisions in startup shareholder ...

A particularly complex situation arises when a deceased founder has agreed (generally under a shareholders agreement) for their shares in the company to be ...

Shareholder Agreements: A Brief Primer - Wealthaven

Shareholder agreements are used to control when and how ownership interests can be transferred, by sale, gift, or death, among owners.

Shareholders' Agreement Drafting (Clean) (S1657863).DOCX

Uninsurability provisions. Sale on Death. Caveat: This section of the checklist is very involved with tax legislation, which changes ...

Sample wills and explanations may be very useful to service ...

... shares to any of my living children. -If my wife dies before I do and so does one of my children, then that deceased child's share shall be distributed ...

SHAREHOLDERS AGREEMENT - Ministry of Civil Aviation

Defaulting Shareholder in accordance with the provisions of Clause 7.2 ... of the aggrieved Party from time to time, but excludes death or personal injury.

Shareholder Agreements: What's in a Name?

• Shareholder agreement example clauses relevant to post-mortem planning for ... • Will and shareholder agreement can operate to relay deceased.