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. (b) Any Transfer of REUs by the Grantee to Other Holders permitted by the Administrator pursuant to Section 3.1(a) shall be made in accordance with Section 3.4. (c) Any purported Transfer of REUs that is not in accordance with this Section 3.1 is null and void.
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Samples: Restricted Equity Unit Award Agreement (Beneficient Co Group, L.P.), Public Company Holdings Unit Award Agreement (KKR & Co. L.P.), Public Company Holdings Unit Award Agreement (KKR & Co. L.P.)
