Common use of Tranche C Options Clause in Contracts

Tranche C Options. All of the Tranche C Options shall become Vested Options on the eighth anniversary of the Grant Date; provided, however, that in the event the Investor IRR equals or exceeds 30% prior to the eighth anniversary, the Tranche C Options will vest as of the date that such Investor IRR is realized.

Appears in 4 contracts

Samples: Option Agreement (Affinion Group, Inc.), Option Agreement (Affinion Loyalty Group, Inc.), Option Agreement (Affinion Loyalty Group, Inc.)

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