2Incentive Units’ Percentage Ownership in the Company. Following the Grant Date, the Incentive Units’ ownership percentage of the Company’s common equity determined on a fully-diluted basis shall be subject to dilution by subsequent issuances, exercises or conversions of the Company’s securities in accordance with the terms of the LLC Agreement.
Appears in 4 contracts
Samples: Incentive Units Agreement (BRC Inc.), Incentive Units Agreement (BRC Inc.), Incentive Units Agreement (Silverbox Engaged Merger Corp I)
