Common use of Transfer Restrictions on REUs Clause in Contracts

Transfer Restrictions on REUs. (a) The Grantee may not Transfer all or any portion of the Grantee’s REUs to any Other Holder (including to any Family Related Holder) without the prior written consent of the Administrator, which consent may be given or withheld, or made subject to such conditions (including the receipt of such legal or tax opinions and other documents that the Partnership may require) as are determined by the Administrator, in its sole discretion.

Appears in 7 contracts

Samples: Restricted Equity Unit Award Agreement (Beneficient Co Group, L.P.), Award Agreement (KKR & Co. L.P.), Award Agreement (KKR & Co. L.P.)

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Transfer Restrictions on REUs. (ae) The Grantee may not Transfer all or any portion of the Grantee’s REUs to any Other Holder (including to any Family Related Holder) without the prior written consent of the Administrator, which consent may be given or withheld, or made subject to such conditions (including the receipt of such legal or tax opinions and other documents that the Partnership may require) as are determined by the Administrator, in its sole discretion.

Appears in 1 contract

Samples: Public Company Holdings Unit Award (KKR & Co. L.P.)

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