Common use of Acceleration of Vesting on Sale of the Company Clause in Contracts

Acceleration of Vesting on Sale of the Company. Immediately prior to a Sale of the Company, all Executive Units which have not yet become Vested Units shall immediately vest and become Vested Units, if, and only if, Executive is, and has been continuously (except for any absence for vacation, leave, etc. in accordance with the Company's or its Subsidiaries' policies) since the date hereof employed or providing services (including service as a Manager, advisor or consultant as contemplated by and described in Rule 701 promulgated under the Act) to the Company or its Subsidiaries as of such date.

Acceleration of Vesting on Sale of the Company. Immediately prior to a Sale of the Company, all Executive Units which have not yet become Vested Units shall immediately vest and become Vested Units, if, and only if, Executive is, and has been continuously (except for any absence for vacation, leave, etc. in accordance with the Company's ’s or its Subsidiaries' ’ policies) since the date hereof employed or providing services (including service as a Manager, advisor or consultant as contemplated by and described in Rule 701 promulgated under the Act) to the Company or its Subsidiaries as of such date.