Common use of Annual RSU Grants Clause in Contracts

Annual RSU Grants. On the Effective Date the Limited Partner received, and on or about each anniversary of the Effective Date during the Term (each such date, a “Grant Date”) the Limited Partner shall receive, an annual grant of RSUs from OZ Management LP under the 2013 Plan (each such grant, an “Annual RSU Grant”) equal to $5 million in value (the “Annual RSU Award Value”), as generally provided in this Section 2(c), subject in all events to the terms and conditions of the 2013 Plan (including any limitations of the number of available shares) and the related Award Agreement (as defined below).

Appears in 3 contracts

Samples: Partner Agreement (Och-Ziff Capital Management Group LLC), Partner Agreement (Och-Ziff Capital Management Group LLC), Partner Agreement (Och-Ziff Capital Management Group LLC)

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Annual RSU Grants. On As of the Effective Date the Limited Partner received, and on or about each anniversary of the Effective Date during the Term (each such date, a “Grant Date”) ), the Limited Partner Executive shall receive, receive an annual grant of RSUs from OZ Management LP restricted stock units (“RSUs”) under the 2013 Plan (each such grant, an “Annual RSU Grant”) equal to $5 million in value (the “Annual RSU Award Value”), as generally provided in this Section 2(c), subject in all events to the terms and conditions of the 2013 Plan (including any limitations of the number of available shares) and the related Award Agreement (as defined below).

Appears in 1 contract

Samples: Employment Agreement (Och-Ziff Capital Management Group LLC)

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