Vesting; Transfer. PSIs shall not vest and may be reallocated or cancelled as provided in this Section 3.1(i) and any Partner Agreement. No PSI Limited Partner may Transfer any PSIs or Deferred Cash Interests under any circumstances, and any purported Transfer of PSIs or Deferred Cash Interests shall be null and void and of no force and effect.
Appears in 10 contracts
Samples: Letter Agreement (Och-Ziff Capital Management Group LLC), Letter Agreement (Och-Ziff Capital Management Group LLC), Governance Agreement (Och-Ziff Capital Management Group LLC)
Vesting; Transfer. PSIs shall not vest and may be reallocated or cancelled as provided in this Section 3.1(i) and any Partner Agreement. No PSI Limited Partner may Transfer any PSIs or Deferred Cash Interests under any circumstances, and any purported Transfer of PSIs or Deferred Cash Interests shall be null and void and of no force and effect. Notwithstanding the foregoing sentence, PSIs and Deferred Cash Interests may be transferred to Related Trusts of an Individual Limited Partner with the prior written consent of the General Partner.
Appears in 3 contracts
Samples: Och-Ziff Capital Management Group LLC, Och-Ziff Capital Management Group LLC, Och-Ziff Capital Management Group LLC
