Common use of Unit Grant Clause in Contracts

Unit Grant. In accordance with the terms of the LLC Agreement and subject to the terms and conditions of this Agreement, the Company hereby grants to the Participant an aggregate of [NUMBER OF UNITS] of the Company’s Class A Units (the “Units”) pursuant to the Medley Management Inc. 2014 Omnibus Incentive Plan (the “Plan”). The Units will vest and become nonforfeitable in accordance with the provisions of Sections 3, 4 and 5 of this Agreement.

Appears in 4 contracts

Samples: Class a Unit Award Agreement (Medley LLC), Class a Unit Award Agreement (Medley Management Inc.), Class a Unit Award Agreement (Medley LLC)

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Unit Grant. In accordance with the terms of the LLC Agreement and subject to the terms and conditions of this Agreement, the Company hereby grants to the Participant an aggregate of [NUMBER OF UNITS[ ] of the Company’s Class A Units (the “Units”) pursuant to the Medley Management Inc. 2014 Omnibus Incentive Plan (the “Plan”). The Units will vest and become nonforfeitable in accordance with the provisions of Sections 3, 4 and 5 of this Agreement.

Appears in 2 contracts

Samples: Class a Unit Award Agreement (Medley LLC), Class a Unit Award Agreement (Medley Management Inc.)

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