Common use of Purchase and Sale of Executive Units Clause in Contracts

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 Class M Units at a price of $0.01 per unit and 35.488 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.39. (b) Within 30 days after Executive purchases any Executive Units from the Company, Executive shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder in the form of Annex A attached hereto.

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 2.475 Class M Units at a price of $0.01 per unit and 35.488 23.659 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.390.26. (b) Within 30 days after Executive purchases any Executive Units from the Company, Executive shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder in the form of Annex A attached hereto.

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 6.186 Class M Units at a price of $0.01 per unit and 35.488 59.147 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.390.65. (b) Within 30 days after Executive purchases any Executive Units from the Company, Executive shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder in the form of Annex A attached hereto.

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 8.661 Class M Units at a price of $0.01 per unit and 35.488 82.806 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.390.91. (b) Within 30 days after Executive purchases any Executive Units from the Company, Executive shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder in the form of Annex A attached hereto.

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 23.444 Class M Units at a price of $0.01 per unit and 35.488 224.145 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ’s ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.392.48. (b) Within 30 days after Executive purchases any Executive Units from the Company, Executive shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder in the form of Annex A attached hereto.

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 73.545 Class M Units at a price of $0.01 per unit and 35.488 703.150 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ’s ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.397.77. (b) Within 30 days after Executive purchases any Executive Units from the Company, Executive shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder in the form of Annex A attached hereto.

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 28.557 Class M Units at a price of $0.01 per unit and 35.488 273.031 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ’s ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.393.02. (b) Within 30 days after Executive purchases any Executive Units from the Company, Executive shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder in the form of Annex A attached hereto.

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 28.146 Class M Units at a price of $0.01 per unit and 35.488 269.099 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ’s ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.392.97. (b) Within 30 days after Executive purchases any Executive Units from the Company, Executive shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder in the form of Annex A attached hereto.

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 26.926 Class M Units at a price of $0.01 per unit and 35.488 257.438 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.392.84. (b) Within 30 days after Executive purchases any Executive Units from the Company, Executive shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder in the form of Annex A attached hereto.

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 7.424 Class M Units at a price of $0.01 per unit and 35.488 70.976 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.390.78. (b) Within 30 days after Executive purchases any Executive Units from the Company, Executive shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder in the form of Annex A attached hereto.

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 27.811 Class M Units at a price of $0.01 per unit and 35.488 265.889 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ’s ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.392.94. (b) Within 30 days after Executive purchases any Executive Units from the Company, Executive shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder in the form of Annex A attached hereto.

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 28.182 Class M Units at a price of $0.01 per unit and 35.488 269.437 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.392.98. (b) Within 30 days after Executive purchases any Executive Units from the Company, Executive shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder in the form of Annex A attached hereto.

Purchase and Sale of Executive Units. (a) Upon execution of this Agreement, Executive shall purchase, and the Company shall sell, 3.712 4.949 Class M Units at a price of $0.01 per unit and 35.488 47.318 Class B Units at a price of $0.01 per unit. The Company shall deliver to Executive proper written evidence indicating Executive's ownership of such Class B Units and Class M Units, and Executive shall make a cash payment to the Company in an aggregate amount of $0.390.52. (b) Within 30 days after Executive purchases any Executive Units from the Company, Executive shall make an effective election with the Internal Revenue Service under Section 83(b) of the Internal Revenue Code and the regulations promulgated thereunder in the form of Annex A attached hereto.