Vesting Upon Sale of the Company. In the event that a Sale of the Company occurs prior to December 31, 2010 and Participant remains an Employee until the closing date of the Sale of the Company, 100% of the remaining outstanding unvested Class C Units covered by the Award (not cancelled or forfeited prior to such date) shall vest immediately prior to the Sale of the Company.
Appears in 6 contracts
Samples: Profits Interest Agreement (Hard Rock Hotel Holdings, LLC), Profits Interest Agreement (Hard Rock Hotel Holdings, LLC), Profits Interest Agreement (Hard Rock Hotel Holdings, LLC)
