Adviser Class Shares Sample Clauses

The Adviser Class Shares clause defines a specific category of shares within a company that are allocated to advisers, typically as part of compensation or incentive arrangements. These shares may have unique rights or restrictions compared to ordinary shares, such as limited voting power, special vesting schedules, or preferential treatment in certain company events. By clearly outlining the terms and conditions attached to adviser class shares, this clause ensures transparency and manages expectations between the company and its advisers, helping to align interests and avoid future disputes over share entitlements.