Common use of OZAII Class E Unit Grant Clause in Contracts

OZAII Class E Unit Grant. Class E-1 Common Units in OZAII. The Class E Common Units constituting each of your Class E Unit Grants are subject to the terms and conditions of the LPAs, including, but not limited to, the vesting and forfeiture terms set forth therein. With respect to each of the Class E Unit Grants described above and for purposes of the LPAs, a total of ____________ Class E-1 Common Units granted hereunder in each Partnership shall constitute the First Tranche of Class E-1 Common Units in such Partnership, and a total of ____________ Class E-1 Common Units granted hereunder in each Partnership shall constitute the Additional Class E-1 Common Units in such Partnership. For a description of the vesting terms applicable to the First Tranche of Class E-1 Common Units and the Additional Class E-1 Common Units, please see Exhibit E-1 of each of the LPAs. You agree that your retention of the Class E Common Units constituting your Class E Unit Grants is subject to, and conditional on, your compliance with the conditions specified in the LPAs (including your Partner Agreements, if applicable) and, by signing this Award Agreement, you acknowledge (i) your receipt of your Class E Unit Grants described above, (ii) your receipt of the LPAs, and (iii) that you receive the Class E Common Units subject to the terms and conditions of the LPAs. This Award Agreement shall be a “Partner Agreement” (as defined in the LPAs). In addition, you acknowledge and agree that: