Delivery of Class A-2 Interests. (a) No fractional Class A-2 Interest covered by a Restricted Equity Unit shall be delivered. No Class A-2 Interest covered by a Restricted Equity Unit shall be delivered to Executive until both (x) the Restricted Equity Unit becomes a Vested Restricted Equity Unit and (y) each of the following conditions precedent to delivery of such Class A-2 Interest shall have been satisfied in full, as determined in the sole discretion of the Board:
Appears in 4 contracts
Samples: Management Equity Award Agreement (Travelport LTD), Management Equity Award Agreement (Travelport LTD), Management Equity Award Agreement (Travelport LTD)
Delivery of Class A-2 Interests. (a) No fractional Class A-2 Interest covered by a Restricted Equity Unit shall be delivered. No Class A-2 Interest covered by a Restricted Equity Stock Unit shall be delivered to Executive until both (x) the Restricted Equity Stock Unit becomes a Vested Restricted Equity Stock Unit and (y) each of the following conditions precedent to delivery of such Class A-2 Interest shall have been satisfied in full, as determined in the sole discretion of the Board:
Appears in 3 contracts
Samples: Management Equity Award Agreement (Travelport UK Acquisition CORP), Management Equity Award Agreement (Travelport UK Acquisition CORP), Management Equity Award Agreement (Travelport UK Acquisition CORP)
Delivery of Class A-2 Interests. (a) No fractional Class A-2 Interest covered by a Restricted Equity Unit shall be delivered. No Class A-2 Interest covered by a Restricted Equity Unit shall be delivered to Executive until both (x) the Restricted Equity Unit becomes a Vested Restricted Equity Unit and (y) each of the following conditions precedent to delivery of such Class A-2 Interest shall have been satisfied in full, as determined in the sole discretion of the Board:
Appears in 1 contract
Samples: Management Equity Award Agreement (Travelport UK Acquisition CORP)
