Earnout Units definition

Earnout Units means the Class 1 Earnout Units, the Class 2 Earnout Units and the Class 3 Earnout Units.
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Earnout Units means the 25,500,000 Retained OppFi Units held by the Members at the Closing.
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Earnout Units has the meaning set forth in Section 11.3.
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Examples of Earnout Units in a sentence

  • Includes 205,158 shares of Class V Voting Stock subject to forfeiture in the event that Earnout Units are not earned.

  • Includes 205,158 shares of Class V Voting Stock subject to forfeiture in the event that Earnout Units are not earned by July 20, 2024.(2) All percentage calculations herein are based on 13,464,542 shares of Class A Common Stock and 96,500,241 shares of Class V Voting Stock (including 25,500,000 shares of Class V Voting Stock that correspond to an equivalent number of Earnout Units) outstanding as of July 28, 2021.

  • Notwithstanding anything in this Agreement to the contrary, if a Blue Owl Change of Control has occurred prior to the Closing Date and the Closing occurs, then all of the Earnout Payments contemplated by this Section 2.12 shall be immediately due and payable at the Closing, and, in furtherance of the foregoing and for purposes of clarity, all of the First Earnout Units and the Second Earnout Units shall be deemed to be vested and not subject to the Earnout Restrictions, but shall remain subject to lock-up.

  • In addition, the Company granted Common Units and Seller Earnout Units in connection with the Business Combination, which grants were not made under the 2021 Equity Incentive Plan.

  • A portion of these Common Units and Seller Earnout Units were considered equity-based compensation grants and a portion were considered consideration related to the Dyal Acquisition.


More Definitions of Earnout Units

Earnout Units has the meaning set forth in Section 2.
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Earnout Units means the First Earnout Units and the Second Earnout Units. “Electing Company Group Holder” has the meaning set forth in Section 2.4(a).
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Earnout Units means the 25,500,000 Retained OppFi Units held by the Members at the Closing. “Earnout Voting Shares” means the 25,500,000 shares of Class V voting stock to be issued to one ofthe Members at Closing.
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Earnout Units means any Class B Common Units issued by Triller to HoldCo as Earnout Consideration.
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Earnout Units means an aggregate of: (a) 1,250,000 Series 2 Earnout Units (as defined in the Company A&R LLCA) and 1,250,000 Series 4 Earnout Units (as defined in the Company A&R LLCA) issued to CF OMS; (b) 1,250,000 Series 2 Earnout Units and 1,250,000 Series 4 Earnout Units issued to the Surviving Blocker; and (c) 1,725,000 Series 1 Earnout Units (as defined in the Company A&R LLCA), 1,725,000 Series 3 Earnout Units (as defined in the Company A&R LLCA) and 1,725,000 Series 5 Earnout Units (as defined in the Company A&R LLCA) issued to Surviving MDH; which Earnout Units may be converted into an equal number of Common Units upon the occurrence of the Milestones set forth in Section 3.3 or the Sponsor Letter Agreement, as applicable, and in accordance with the terms of the Company A&R LLCA.
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Earnout Units means the Units which are restricted subject to vesting, including the Series 1 Earnout Units, the Series 2 Earnout Units, the Series 3 Earnout Units, the Series 4 Earnout Units and the Series 5 Earnout Units. Except as otherwise expressly set forth in this LLC Agreement, no Earnout Unit shall entitle the holder thereof to (a) receive any distributions pursuant to this LLC Agreement or otherwise hold any economic interest or percentage interest in the Company or (b) hold any voting rights.
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Earnout Units has the meaning set forth in the definition of "Earnout Right."
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