Profits Interest. It is the intention and understanding of the Company and Recipient that the Restricted Units shall constitute “profits interests” in the Company within the meaning of IRS Revenue Procedure 93-27, 1993-2 C.B. 343, and IRS Revenue Procedure 2001-43, 2001-2 C.B. 191.
Appears in 10 contracts
Sources: Restricted Units Agreement (BRC Inc.), Restricted Units Agreement (BRC Inc.), Restricted Units Agreement (BRC Inc.)
Profits Interest. It is the intention and understanding of the Company and Recipient that the Restricted Incentive Units shall constitute “profits interests” in the Company within the meaning of IRS Revenue Procedure 93-27, 1993-2 C.B. 343, and IRS Revenue Procedure 2001-43, 2001-2 C.B. 191..
Appears in 3 contracts
Sources: Incentive Units Agreement (BRC Inc.), Incentive Units Agreement (Silverbox Engaged Merger Corp I), Incentive Units Agreement (Silverbox Engaged Merger Corp I)
Profits Interest. It is the intention and understanding of the Company and Recipient that the Restricted Units shall constitute “profits interests” in the Company within the meaning of IRS Revenue Procedure 93-27, 1993-2 C.B. 343, and IRS Revenue Procedure 2001-43, 2001-2 C.B. 191..
Appears in 2 contracts
Sources: Restricted Units Agreement (Silverbox Engaged Merger Corp I), Restricted Units Agreement (Silverbox Engaged Merger Corp I)
Profits Interest. It is the intention and understanding of the Company and Recipient Participant that the Restricted Units shall constitute “profits interests” in the Company within the meaning of IRS Revenue Procedure 93-27, 1993-2 C.B. 343, and IRS Revenue Procedure 2001-43, 2001-2 C.B. 191.
Appears in 2 contracts
Sources: Restricted Unit Agreement (Keypath Education International, Inc.), Restricted Unit Agreement (Keypath Education International, Inc.)
Profits Interest. It is the intention and understanding of the Company and Recipient that the Restricted Incentive Units shall constitute “profits interests” in the Company within the meaning of IRS Revenue Procedure 93-27, 1993-2 C.B. 343, and IRS Revenue Procedure 2001-43, 2001-2 C.B. 191..
Appears in 1 contract
Sources: Incentive Units Agreement (BRC Inc.)