Equity Incentive Units definition

Equity Incentive Units means the Equity Incentive Units of the Company.
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Equity Incentive Units shall have the meaning specified in the Recitals.
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Examples of Equity Incentive Units in a sentence

  • 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.

  • The Other Members' rights to purchase such Equity Incentive Units and such Senior Management Member's corresponding obligation to sell such Equity Incentive Units shall terminate on the 30th day following the expiration of the Call Option Period.

  • Upon a termination of a Senior Management Member's Services by the Company for Cause, the purchase price for the Equity Incentive Units which are Vested Units will be the lower of Cost and Fair Market Value determined as of the Call Price Determination Date.

  • Upon receipt of the Other Members' notices, the Company will notify such Senior Management Members of the Other Members' elections and such Senior Management Member will be obligated to sell to the Other Members the number of such Equity Incentive Units determined in accordance with this Section 6.1(b).

  • In the event Nord and the Rollover Investor enter into a definitive agreement with respect to the sale of the Option Equity, Incentive Units and all other Units held by any other Unit Holder, the consummation of such transaction shall be in accordance with Section 7.4(d), and in such transaction, the Rollover Investor shall cause all other Unit Holders to Transfer their Units to Nord.

  • Notwithstanding the foregoing, following a Qualified IPO, Fair Market Value for the Equity Incentive Units for purposes of this Section 6.1 shall in all cases be based on the Public Share FMV.

  • Upon a termination of a Senior Management Member's Services to the Company for any reason other than a termination by the Company for Cause (including a termination by a Senior Management Member for Good Reason), the purchase price for the Equity Incentive Units which are Vested Units will be Fair Market Value determined as of the Call Price Determination Date.

  • If Parent elects to exercise such purchase right, it shall provide written notice to the Company prior to the 30th day following the expiration of the Call Option Period specifying that the number and class of such Equity Incentive Units it wishes to purchase.

  • Within 30 days after being granted any Equity Incentive Units, each Management Member shall make an election with the Internal Revenue Service (“IRS”) under Section 83(b) of the Code and the regulations promulgated thereunder (an “83(b) Election”) in the form of Exhibit C attached hereto.

  • If the Equity Incentive Units being purchased are Unvested Units, the purchaser shall be Vanguard.

Related to Equity Incentive Units

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan;

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Company Equity Incentive Plan means the Company’s omnibus equity plan, last approved by Company Shareholders on November 6, 2018 and as proposed to be amended at the Company’s May 7, 2019 shareholders’ meeting.

  • Equity Incentive Plans means any equity incentive plans for officers, employees or Directors of the Company.