Common use of Issuance of Employee Units Clause in Contracts

Issuance of Employee Units. (a) Upon execution of this Agreement, the Company will issue to the Employee that number of Class B Common Units of the Company (the "Class B Common Units") set forth below such Employee's name on the signature page attached hereto. All of such Class B Common Units issued to the Employee hereby are referred to herein as "Employee Units." To secure the Company's rights under the Repurchase Option in Section 3, the Company will retain possession of the certificates representing the Employee Units and will provide the Employee with copies thereof.(1)

Issuance of Employee Units. (a) Upon execution of this Agreement, the Company will issue to the Employee that number of Class B Common Units of the Company (the "“Class B Common Units"”) set forth below such Employee's ’s name on the signature page attached hereto. All of such Class B Common Units issued to the Employee hereby are referred to herein as "“Employee Units." ” To secure the Company's ’s rights under the Repurchase Option in Section 3, the Company will retain possession of the certificates representing the Employee Units and will provide the Employee with copies thereof.(1)thereof.