Common use of FPH Management Units Clause in Contracts

FPH Management Units. Without limiting the generality of Section 2.3(a), from time to time after the date hereof, (i) in the event that FPH issues any FPH Series B Units to an FPH Management Member, then in connection with such issuance the Company will issue to FPH an equal number of Series B Common Units; and (ii) in the event that FPH issues any FPH Series C Units to an FPH Management Member, then in connection with such issuance the Company will issue to FPH an equal number of Series C Common Units.

Appears in 6 contracts

Samples: Operating Agreement (Officemax Inc), Operating Agreement (Officemax Inc), Operating Agreement (Boise Cascade Holdings, L.L.C.)

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