Common use of Members with Employment or Consulting Agreements Clause in Contracts

Members with Employment or Consulting Agreements. The application of the vesting provisions of Sections 3.05 and 3.06 to a Member who is a party to an employment, consulting, award or similar agreement with the Company or any of its Subsidiaries that is entered into after the Effective Date shall be subject to the terms of such employment, consulting or similar agreement, and to the extent that any provision of Sections 3.05 and 3.06 conflicts with such employment, consulting, award or similar agreement in respect of vesting, the provisions of such employment, consulting, award or similar agreement shall supersede and control the provisions of Sections 3.05 and 3.06 as they apply to such vesting provisions.

Appears in 7 contracts

Samples: Limited Liability Company Agreement (STR Holdings LLC), Joinder Agreement (STR Holdings (New) LLC), Agreement and Plan of Merger (STR Holdings, Inc.)

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