Common use of Vesting of Units; Forfeiture Clause in Contracts

Vesting of Units; Forfeiture. (a) Each Granted Unit shall be unvested as of the Effective Date. [Insert specific vesting schedule.]

Appears in 3 contracts

Samples: Restricted Unit Award Agreement (Oaktree Capital Group, LLC), Restricted Unit Award Agreement (Oaktree Capital Group, LLC), Restricted Unit Award Agreement (Oaktree Capital Group, LLC)

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Vesting of Units; Forfeiture. (a) Each Granted Unit shall be unvested as of the Effective Date. [Insert specific vesting scheduleschedule and forfeiture provisions depending on the Participant.]

Appears in 1 contract

Samples: Restricted Unit Award Agreement (Oaktree Capital Group, LLC)

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