Company Preferred Units. Each Company Preferred Unit that is issued and outstanding immediately prior to the Effective Time shall thereupon be converted into the right to receive, and the holder of such Company Preferred Unit shall be entitled to receive from the SPAC Parties:
Company Preferred Units. Except for dissenting units as provided in Section 2.9 and subject to Sections 2.10, 2.11 and 2.12, each Company Preferred Unit issued and outstanding immediately prior to the Effective Time shall cease to be outstanding and shall be converted into the right to receive:
