Examples of East MIP in a sentence
By: Name: Title: VIRTU FINANCIAL LLC By: Name: Title: Exhibit A Existing Equity Interests Class of Equity Interests Date of Grant Vesting Term Total Equity Interests Vested Equity Interests Unvested Equity Interests Class A-2 Capital Interests of Virtu Financial LLC N/A N/A N/A [Class B Interests of Virtu Financial LLC] Class A Interests of Virtu East MIP LLC N/A N/A N/A Exhibit B Virtu Financial LLC Agreement See attached.
In connection with such reclassification, all Existing Virtu Employee Holdco Interests, including those distributed to the holders of East MIP Interests in connection with the liquidation of East MIP, will be reclassified into non-voting common limited liability company interests of Virtu Employee Holdco (“Virtu Employee Holdco Common Units”) representing an indirect interest in a number of attributable Common Units.
In connection with such reclassification, all outstanding limited liability company interests of East MIP (“East MIP Interests”), which represent an indirect interest in a number of attributable Existing Virtu LLC Interests, will remain outstanding and represent an indirect interest in a number of attributable Common Units.
The undersigned hereby acknowledges and agrees that he or she shall continue to be bound by the Virtu Employee Holdco LLC Agreement and the East MIP LLC Agreement as a Member thereof, including, for the avoidance of doubt, the restrictive covenants set forth in Section 9.04 thereof, in accordance with the terms and conditions thereof.