Permitted Person. The term “Permitted Person” means (i) an individual who (a) is an executive of the KKR Group, (b) devotes substantially all of his or her business and professional time to the activities of the KKR Group and (c) did not become an executive of the KKR Group or begin devoting substantially all of his or her business and professional time to the activities of the KKR Group in contemplation of a Change in Control or (ii) any Person in which any one or more such individuals directly or indirectly holds a majority of the controlling interests.
Appears in 9 contracts
Samples: Public Company Equity Unit Award Agreement (KKR & Co. Inc.), Award Agreement (KKR & Co. Inc.), Award Agreement (KKR & Co. L.P.)
