Common use of Rights as a Member Clause in Contracts

Rights as a Member. Executive shall be the record owner of the Executive Units until or unless such Executive Units are forfeited or repurchased pursuant to Section 6 below or transferred in accordance with the terms of the LLC Agreement, and as record owner shall be entitled to all rights granted to owners of Common Units.

Appears in 9 contracts

Samples: Employee Equity Agreement (Zayo Group LLC), Employee Equity Agreement (American Fiber Systems, Inc.), Employee Equity Agreement (American Fiber Systems, Inc.)

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Rights as a Member. Executive shall will be the record owner of the Executive Units until or unless such Executive Units are forfeited or repurchased pursuant to Section 6 below or transferred in accordance with the terms of the LLC Agreement and the Members Agreement, and as record owner shall will be entitled to all rights granted to owners of Class C Common Units.

Appears in 2 contracts

Samples: Incentive Unit Agreement (Language Line Costa Rica, LLC), Incentive Unit Agreement (Language Line Holdings, Inc.)

Rights as a Member. Executive shall be the record owner of the Executive Units until or unless such Executive Units are forfeited or repurchased pursuant to Section 6 below or transferred in accordance with the terms of the LLC Agreement and the Members Agreement, and as record owner shall be entitled to all rights granted to owners of Common Class D Units.

Appears in 2 contracts

Samples: Incentive Unit Purchase Agreement, Incentive Unit Purchase Agreement (Atlantic Broadband Management, LLC)

Rights as a Member. Executive Holdings shall be the record owner of the Executive Units until or unless such Executive Units are forfeited or repurchased pursuant to Section 6 below or transferred in accordance with the terms of the LLC Agreement, and as record owner shall be entitled to all rights granted to owners of Common UnitsClass A Preferred Units of the Company.

Appears in 2 contracts

Samples: Class a Equity Agreement (American Fiber Systems, Inc.), Class a Equity Agreement (American Fiber Systems, Inc.)

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Rights as a Member. Executive shall be the record owner of the Executive Units until or unless such Executive Units are forfeited or repurchased pursuant to Section 6 below or transferred in accordance with the terms of the LLC Agreement, and as record owner shall stall be entitled to all rights granted to owners of Common Units.

Appears in 1 contract

Samples: Employee Equity Agreement (American Fiber Systems, Inc.)

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