NOUN (2)

1. a person on whom something is bestowed;
- Example: "six honorary were conferred the conferees were...";

2. a member of a conference;

The Collaborative International Dictionary of English v.0.48:

Conferee \Con`fer*ee"\, n. [Cf. Referee.]
   1. One who is conferred with, or who takes part in a
      conference; as, the conferees on the part of the Senate.
      [1913 Webster]

   2. One upon whom something is conferred.
      [1913 Webster]

WordNet (r) 3.0 (2006):

conferee
    n 1: a person on whom something is bestowed; "six honorary were
         conferred; the conferees were..."
    2: a member of a conference