Common use of Incentive Interests Clause in Contracts

Incentive Interests. (a) The following Incentive Units are hereby created and are hereby granted to the Persons and in the respective amounts set forth on Exhibit A, subject to the adjustments provided for in this Section 3.4: (i) 100 Tier I A Units, all of which have been granted as of the date of this Agreement; (ii) 960,000 Tier I Units, of which a certain number of such Tier I Units may be granted to Employees after the date of this Agreement pursuant to this Section 3.4 (the “Tier I Subsequent Units”); (iii) 960,000 Tier II Units, of which a certain number of such Tier II Units may be granted to Employees after the date of this Agreement pursuant to this Section 3.4 (the “Tier II Subsequent Units”); (iv) 960,000 Tier III Units, of which a certain number of Tier III Units may be granted to Employees after the date of this Agreement pursuant to this Section 3.4 (the “Tier III Subsequent Units”); and (v) 960,000 Tier IV Units, of which a certain number of Tier IV Units may be granted to Employees after the date of this Agreement pursuant to this Section 3.4 (the “Tier IV Subsequent Units”).

Incentive Interests. (a) The following Incentive Units are hereby created and are hereby granted to the Persons and in the respective amounts set forth on Exhibit A, subject to the adjustments provided for in this Section 3.4: (i) 100 Tier I A Units, all of which have been granted as of the date of this Agreement; (ii) 960,000 1,000,000 “Tier I Units, ,” of which a certain number of such Tier I Units may be granted to Employees after the date of this Agreement pursuant to this Section 3.4 (the “Tier I Subsequent Units”); (iiiii) 960,000 1,000,000 “Tier II Units, ,” of which a certain number of such Tier II Units may be granted to Employees after the date of this Agreement pursuant to this Section 3.4 (the “Tier II Subsequent Units”); (iviii) 960,000 1,000,000 “Tier III Units, ,” of which a certain number of Tier III Units may be granted to Employees after the date of this Agreement pursuant to this Section 3.4 (the “Tier III Subsequent Units”); and; (viv) 960,000 1,000,000 “Tier IV Units, ,” of which a certain number of Tier IV Units may be granted to Employees after the date of this Agreement pursuant to this Section 3.4 (the “Tier IV Subsequent Units”); and (v) 1,000,000 “Tier V Units,” of which a certain number of such Tier V Units may be granted to Employees after the date of this Agreement pursuant to this Section 3.4 (the “Tier V Subsequent Units”).