Management Incentive Units. On the Effective Date, EPE Employee Holdings, LLC (“Employee Holdings”) shall issue to Employee 69,328 Class B Units in Employee Holdings as of the Effective Date (the “Management Incentive Units”). The Management Incentive Units will be subject to, and governed by, the terms and conditions set forth in the Second Amended and Restated Limited Liability Company Agreement of Employee Holdings, as amended from time to time (the “Employee Holdings LLC Agreement”) and an award agreement between Employee Holdings and Employee.
Appears in 3 contracts
Samples: Employment Agreement (MBOW Four Star, L.L.C.), Employment Agreement (MBOW Four Star, L.L.C.), Employment Agreement (MBOW Four Star, L.L.C.)
Management Incentive Units. On the Effective Date, EPE Employee Holdings, LLC (“Employee Holdings”) shall issue to Employee 69,328 18,488 Class B Units in Employee Holdings as of the Effective Date (the “Management Incentive Units”). The Management Incentive Units will be subject to, and governed by, the terms and conditions set forth in the Second Amended and Restated Limited Liability Company Agreement of Employee Holdings, as amended from time to time (the “Employee Holdings LLC Agreement”) and an award agreement between Employee Holdings and Employee.
Appears in 2 contracts
Samples: Employment Agreement (EP Energy Corp), Employment Agreement (EP Energy Corp)
Management Incentive Units. On the Effective Date, EPE Employee Holdings, LLC (“Employee Holdings”) shall issue to Employee 69,328 207,985 Class B Units in Employee Holdings as of the Effective Date (the “Management Incentive Units”). The Management Incentive Units will be subject to, and governed by, the terms and conditions set forth in the Second Amended and Restated Limited Liability Company Agreement of Employee Holdings, as amended from time to time (the “Employee Holdings LLC Agreement”) and an award agreement between Employee Holdings and Employee.
Appears in 1 contract
Management Incentive Units. On the Effective Date, EPE Employee Holdings, LLC (“Employee Holdings”) shall issue to Employee 69,328 27,731 Class B Units in Employee Holdings as of the Effective Date (the “Management Incentive Units”). The Management Incentive Units will be subject to, and governed by, the terms and conditions set forth in the Second Amended and Restated Limited Liability Company Agreement of Employee Holdings, as amended from time to time (the “Employee Holdings LLC Agreement”) and an award agreement between Employee Holdings and Employee.
Appears in 1 contract
