Issuance of Interest. The Company hereby issues a Membership Interest to the Executive with a Sharing Ratio of 0.2% (as adjusted pursuant to the terms of the LLC Agreement) (the “Executive Membership Interest”). The Sharing Ratio associated with the Executive Membership Interest may be adjusted at any time after the Effective Date as a result of issuances or grants of Membership Interests pursuant to and in accordance with the terms and conditions of the LLC Agreement.
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Samples: Subscription Agreement (Delek US Holdings, Inc.), Subscription Agreement (Delek US Holdings, Inc.)
Issuance of Interest. The Company hereby issues a Membership Interest to the Executive with a Sharing Ratio of 0.21.0% (as adjusted pursuant to the terms of the LLC Agreement) (the “Executive Membership Interest”). The Sharing Ratio associated with the Executive Membership Interest may be adjusted at any time after the Effective Date as a result of issuances or grants of Membership Interests pursuant to and in accordance with the terms and conditions of the LLC Agreement.
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Issuance of Interest. The Company hereby issues a Membership Interest to the Executive with a Sharing Ratio of 0.24.0% (as adjusted pursuant to the terms of the LLC Agreement) (the “Executive Membership Interest”), which Executive Membership Interest is in addition to the Executive’s existing Membership Interest with a Sharing Ratio of 1.0%. The Sharing Ratio associated with the Executive Membership Interest may be adjusted at any time after the Effective Date as a result of issuances or grants of Membership Interests pursuant to and in accordance with the terms and conditions of the LLC Agreement.
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