GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Number of and Class of Units: 53,570.00 Class A Units in the aggregate in the Company, subject to adjustment as provided in the Plan, this Agreement, and the LLC Agreement. Number of and Class of Units: 210,930.00 Class B Units in the aggregate in the Company, subject to adjustment as provided in the Plan, this Agreement, and the LLC Agreement. Grant Date: December 4, 2024 Forfeiture of Award: The Award shall be subject to forfeiture as set forth below in this Agreement.
Appears in 2 contracts
Sources: Unit Award Agreement (Phoenix Energy One, LLC), Unit Award Agreement (Phoenix Capital Group Holdings, LLC)
GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Number of and Class of Units: 53,570.00 525,010 Class A Units in the aggregate in the Company, subject to adjustment as provided in the Plan, this Agreement, and the LLC Agreement. Number of and Class of Units: 210,930.00 192,490 Class B Units in the aggregate in the Company, subject to adjustment as provided in the Plan, this Agreement, and the LLC Agreement. Grant Date: December 4, 2024 Forfeiture of Award: The Award shall be subject to forfeiture as set forth below in this Agreement.
Appears in 2 contracts
Sources: Unit Award Agreement (Phoenix Energy One, LLC), Unit Award Agreement (Phoenix Capital Group Holdings, LLC)