Director Stockholder's Trust

Example Definitions of "Director Stockholder's Trust"
Director Stockholder's Trust. Shall mean a partnership, limited liability company, corporation, trust or custodianship, the beneficiaries of which may include only the Director Stockholder, his spouse (or ex-spouse) or his lineal descendants (including adopted) or, if at any time after any such transfer there shall be no then living spouse or lineal descendants, then to the ultimate beneficiaries of any such trust or to the estate of a deceased beneficiary.
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