Common use of 1Profits Interests Clause in Contracts

1Profits Interests. The Incentive Units granted under this Agreement are intended to constitute “profits interests” as described in Section 3.04 of the Partnership Agreement and shall be subject to the terms and conditions thereof.

Appears in 3 contracts

Samples: Incentive Unit Grant Agreement (Sovos Brands, Inc.), Incentive Unit Grant Agreement (Sovos Brands, Inc.), Incentive Unit Grant Agreement (Sovos Brands, Inc.)

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1Profits Interests. The Incentive Units granted under this Agreement are intended to constitute “"profits interests” " as described in Section 3.04 of the Partnership Agreement and shall be subject to the terms and conditions thereof.. ​

Appears in 1 contract

Samples: Incentive Unit Grant Agreement (Sovos Brands, Inc.)

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