Common use of Class E Units Clause in Contracts

Class E Units. (a) The General Partner hereby designates and creates and authorizes for issuance a class of Units to be designated as “Class E Units,” consisting of a total of 18,114,975 Class E Units, and fixes the preferences and the relative, participating, optional and other special rights, powers and duties pertaining to the Class E Units as set forth herein. Immediately following the Class E Unit Issuance Date and thereafter, except as otherwise provided in Section 4.17(j), no additional Class E Units shall be designated, created or issued without the prior written approval of the General Partner and the holders of a majority of the Outstanding Class E Units.