Class B Partnership Interests definition
Examples of Class B Partnership Interests in a sentence
Shares of Newco common stock issued in exchange for the Class B Partnership Interests in Management that were granted to management employees in May 2005 and that are subject to forfeiture restrictions as of the Closing shall be issued pursuant to the Newco Restricted Stock Plan and such shares of Newco common stock shall be subject to the same forfeiture restrictions as were in effect with respect to such Class B Partnership Interests prior to the Closing.
Class B Partnership Interests redeemed in exchange for Class B Units shall be cancelled.
Unvested Class B Partnership Interests shall vest in accordance with the vesting schedule of the Class B Units contributed in exchange for the Class B Partnership Interests as set forth on the Register or in an agreement for an award of Class B Equity Incentive Units.
No Limited Partner shall have any right to withdraw from the Partnership without the prior written consent of the General Partner, provided that at such time as a Limited Partner no longer owns any Class B Partnership Interests, such Limited Partner shall cease to be a Partner of the Partnership.
The Unallocated Class B Interest Shares would otherwise have been issued to Owners of SOP by virtue of SOP's ownership of Class B Partnership Interests in Management as of the Closing.
Shares of Newco common stock issued in exchange for Class B Partnership Interests in Management that were issued to management employees prior to May 2005 shall not be subject to forfeiture and shall be fully vested.
A Limited Partner may redeem some or all of such Limited Partner’s Class B Partnership Interests in an Exit Exchange or on terms and conditions determined by the General Partner in its sole discretion.
Notwithstanding anything to the contrary set forth in this Agreement or elsewhere, in no event shall any distribution, payment or other transfer of property be made by the Partnership with respect to the Class B Limited Partnership Interests, nor shall any offer be made to redeem any Class B Limited Partnership Interests, in each case other than on a pro rata basis with respect to all Class B Partnership Interests based upon their respective Percentage Interests.
Except as may be agreed in writing by the General Partner and a Limited Partner, Class B Partnership Interests or Class B-1 Partnership Interests held by a Permitted Transferee shall vest at the same times as such Class B Partnership Interests or Class B-1 Partnership Interests would have vested had such Class B Partnership Interests or Class B-1 Partnership Interests continued to be held by such Limited Partner.
Not certificated 0 Class A Partnership Interests 7,742,594 Class B Partnership Interests 98,007 Class D Partnership Interests 139,655 Class E Partnership Interests 100% of the above partnership interests 65% No TLDS L.L.C. (dba SRSplus) Network Solutions, LLC Not certificated 100% 100% No TNB, LLC Network Solutions, LLC Not certificated 100% 65% No .US Registrar L.L.C. Network Solutions, LLC Not certificated 100% 100% No Xxx.xxx (Cayman) GP Limited Xxx.xxx Group, Inc.