Examples of Common Units in a sentence
In the case of a Permitted Transfer of any Common Units by any Member holding Class C Common Stock to a Permitted Transferee in accordance with this Section 10.02, such Member shall also transfer a number of shares of Class C Common Stock equal to the number of Common Units that were transferred by such Member in the transaction to such Permitted Transferee.
At the Effective Date, the Units will be comprised of a single class of Common Units.
Upon due execution and delivery of a Joinder by such additional Holder and the Corporation, the Shares acquired by such additional Holder or issuable upon redemption or exchange of Common Units acquired by such additional Holder shall become Registrable Securities to the extent provided herein, such additional Holder shall become a Holder under this Agreement with respect to the acquired Shares and the Corporation shall add such additional Holder’s name and address to the Schedule of Holders.
For all purposes of this Section 3.10, the number of shares of Class A Common Stock and the corresponding number of Common Units shall be determined after giving effect to all anti-dilution or similar adjustments that are applicable, as of the date of exercise or vesting, to the option, warrant, restricted stock or other equity interest that is being exercised or becomes vested under the applicable Stock Option Plan or other Equity Plan and applicable award or grant documentation.
The rights of the Class B Common Units are as set forth in the Certificate of Incorporation and any description of the Securities that appears in the Offering Materials is qualified in its entirety by such document.