Common use of Authorization and Issuance of Incentive Units Clause in Contracts

Authorization and Issuance of Incentive Units. Subject to Section 6.10(b), Incentive Units are authorized and reserved for issuance to employees, officers, directors and other service providers of or to the Company and its Subsidiaries, and the Board of Managers or the Compensation Committee from time to time may issue such Units and establish such vesting, forfeiture and repurchase criteria, and such Floor Amount in connection with their issuance as the Board of Managers or the Compensation Committee in its discretion determines (and as may be set forth in the applicable Management Grant Agreement).

Appears in 5 contracts

Samples: Limited Liability Company Agreement (21st Century Oncology Holdings, Inc.), Limited Liability Company Agreement (21st Century Oncology Holdings, Inc.), Limited Liability Company Agreement (21st Century Oncology Holdings, Inc.)

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