Common use of Class B Profits Interest Units Clause in Contracts

Class B Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant 19,872,447.54 Class B Profits Interest Units as of the Date of Grant, with a Distribution Threshold of $1.00 per Unit, in each case subject to adjustment as set forth in the Plan and this Agreement. The Class B Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 2 contracts

Samples: Profits Interest Unit Award Agreement (Candela Medical, Inc.), Profits Interest Unit Award Agreement (Candela Medical, Inc.)

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Class B Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant 19,872,447.54 5,961,734 Class B Profits Interest Units as of the Date of Grant, with a Distribution Threshold of $1.00 1.006 per Unit, in each case subject to adjustment as set forth in the Plan and this Agreement. The Class B Profits Interest Units shall be “Supplemental Value Class B Profits Interest Units” for purposes of the Plan and shall vest in accordance with Section 2 of this Agreement.

Appears in 2 contracts

Samples: Profits Interest Unit Award Agreement (Candela Medical, Inc.), Profits Interest Unit Award Agreement (Candela Medical, Inc.)

Class B Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant 19,872,447.54 an award of the number of Class B Profits Interest Units as of set forth on the Date of GrantParticipant’s Master Signature Page, with a Distribution Threshold of $1.00 per Unitas set forth on such Master Signature Page, in each case subject to adjustment as set forth in the Plan and this Agreement. The Class B Profits Interest Units shall vest in accordance with Section 2 3 of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Certara, Inc.)

Class B Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant 19,872,447.54 476,151 Class B Profits Interest Units as of the Date of Grant, with a Distribution Threshold of $1.00 1.006 per Unit, in each case subject to adjustment as set forth in the Plan and this Agreement. The Class B Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Profits Interest Unit Award Agreement (Candela Medical, Inc.)

Class B Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant 19,872,447.54 662,414.92 Class B Profits Interest Units as of the Date of Grant, with a Distribution Threshold of $1.00 per Unit, in each case subject to adjustment as set forth in the Plan and this Agreement. The Class B Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Acknowledgement Agreement (Candela Medical, Inc.)

Class B Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant 19,872,447.54 3,532,879.56 Class B Profits Interest Units as of the Date of Grant, with a Distribution Threshold of $1.00 per Unit, in each case subject to adjustment as set forth in the Plan and this Agreement. The Class B Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Profits Interest Unit Award Agreement (Candela Medical, Inc.)

Class B Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant 19,872,447.54 441,609.95 Class B Profits Interest Units as of the Date of Grant, with a Distribution Threshold of $1.00 1.297 per Unit, in each case subject to adjustment as set forth in the Plan and this Agreement. The Class B Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Acknowledgement Agreement (Candela Medical, Inc.)

Class B Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant 19,872,447.54 1,656,037 Class B Profits Interest Units as of the Date of Grant, with a Distribution Threshold of $1.00 1.006 per Unit, in each case subject to adjustment as set forth in the Plan and this Agreement. The Class B Profits Interest Units shall be “Supplemental Value Class B Profits Interest Units” for purposes of the Plan and shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Profits Interest Unit Award Agreement (Candela Medical, Inc.)

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Class B Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant 19,872,447.54 1,987,244.76 Class B Profits Interest Units as of the Date of Grant, with a Distribution Threshold of $1.00 per Unit, in each case subject to adjustment as set forth in the Plan and this Agreement. The Class B Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Profits Interest Unit Award Agreement (Candela Medical, Inc.)

Class B Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant 19,872,447.54 4,416,099 Class B Profits Interest Units as of the Date of Grant, with a Distribution Threshold of $1.00 1.097 per Unit, in each case subject to adjustment as set forth in the Plan and this Agreement. The Class B Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Profits Interest Unit Award Agreement (Candela Medical, Inc.)

Class B Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant 19,872,447.54 1,190,378 Class B Profits Interest Units as of the Date of Grant, with a Distribution Threshold of $1.00 1.006 per Unit, in each case subject to adjustment as set forth in the Plan and this Agreement. The Class B Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Profits Interest Unit Award Agreement (Candela Medical, Inc.)

Class B Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant 19,872,447.54 441,609.95 Class B Profits Interest Units as of the Date of Grant, with a Distribution Threshold of $1.00 per Unit, in each case subject to adjustment as set forth in the Plan and this Agreement. The Class B Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Acknowledgement Agreement (Candela Medical, Inc.)

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