Management Stockholder's Trust
Management Stockholder's Trust. Shall mean a limited partnership, limited liability company, trust or custodianship, the beneficiaries of which may include only the Management 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 limited partnership, limited liability company, trust or custodianship or to the estate of a deceased beneficiary.
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