Rights as a Member. The Holder will be the record owner of the Holder’s Class C Units until or unless the Holder’s Class C 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 will be entitled to all rights granted to owners of Class C Common Units.
Appears in 5 contracts
Samples: Incentive Unit Agreement (Language Line Holdings, Inc.), Incentive Unit Agreement (Language Line Holdings, Inc.), Incentive Unit Agreement (Language Line Holdings, Inc.)
