Common use of 5Forfeiture and/or Repurchase of Covered Units Clause in Contracts

5Forfeiture and/or Repurchase of Covered Units. All Covered Units held by Recipient or any Affiliate of Recipient, including, without limitation any transferee of such Covered Units approved in accordance with the terms of the LLC Agreement, shall be subject to forfeiture and/or repurchase by the Company upon the following terms and conditions:

Appears in 10 contracts

Samples: Restricted Units Agreement (BRC Inc.), Restricted Units Agreement (BRC Inc.), Restricted Units Agreement (BRC Inc.)

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5Forfeiture and/or Repurchase of Covered Units. All Covered Units held by Recipient or any Affiliate of Recipient, including, without limitation any transferee of such Covered Units approved in accordance with the terms of the LLC Agreement, shall be subject to forfeiture and/or repurchase by the Company upon the following terms and conditions:: ​

Appears in 2 contracts

Samples: Restricted Units Agreement (Silverbox Engaged Merger Corp I), Restricted Units Agreement (Silverbox Engaged Merger Corp I)

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