Common use of Acceleration of Class B Units upon Sale of the Company Clause in Contracts

Acceleration of Class B Units upon Sale of the Company. Notwithstanding the foregoing, all Unvested Class B Units held by the Executive shall fully vest upon a Sale of the Company to the extent that (a) the Executive’s employment with the Company or its subsidiaries has not been terminated prior to the consummation of such Sale of the Company or (b) the Executive’s employment with the Company and its subsidiaries is terminated other than for Cause after the date which is 60 days prior to the date of execution of definitive and final agreements with respect to such Sale of the Company.

Appears in 4 contracts

Samples: Management Unit Subscription Agreement (Radiation Therapy Services Holdings, Inc.), Support and Voting Agreement (Vestar Capital Partners v L P), Support and Voting Agreement (Vestar Capital Partners v L P)

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