Common use of Settlement of Vested Units Clause in Contracts

Settlement of Vested Units. Vested Units shall be settled on the earliest to occur of (a) a date within 30 days following the applicable Vest Date, (b) a date within 30 days following the termination of your employment (i) due to death or Disability pursuant to Section 2 above or (ii) following a Change in Control Transaction pursuant to Section 3.3 above, or (c) the date of a Change in Control Transaction pursuant to Section 3.2 above that constitutes a “change in control event” within the meaning of U.S. Treasury Regulation Section 1.409A-3(i)(5).

Settlement of Vested Units. Vested Units shall be settled on the earliest to occur of (a) a date within 30 days following (a) the applicable Vest Date, or (b) a if earlier, the date within 30 days following the Units become vested in connection with (i) the termination of your employment (i) due to death or Disability pursuant to Section 2 above above, or (ii) following a Change in Control Transaction pursuant to Section 3.3 3 above, or (c) the date of a Change in Control Transaction pursuant to Section 3.2 above that constitutes a “change in control event” within the meaning of U.S. Treasury Regulation Section 1.409A-3(i)(5).