Full Vesting Event definition

Full Vesting Event means, with respect to all EO Units, the occurrence of the events described in Section 3.4(e)(iii) of the Merger Agreement, in each case, as of the PubCo RSS Effective Time, as equitably adjusted to reflect the PubCo Reverse Stock Split and the corresponding treatment of fractional Units, interests and shares, as applicable, as determined by the Board.”
Full Vesting Event means, with respect to the Company Restricted Units, a change of control transaction or liquidation of Authentic Brands. “HSR Act” means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the rules and regulations promulgated thereunder. “Investment Company Act” means the Investment Company Act of 1940, as amended.

Examples of Full Vesting Event in a sentence

  • If the Participant’s employment terminates for any reason other than a Full Vesting Event, all unvested Restricted Stock Units shall be forfeited and canceled without further action by the Company or the Participant as of the date of such termination of employment.


More Definitions of Full Vesting Event

Full Vesting Event means, with respect to the Restricted Common Units, a change of control transaction or liquidation of Authentic Brands.
Full Vesting Event means (a) with respect to one hundred percent (100%) of each Continuing Member’s Restricted Common Units, the occurrence of a Continuing Member COC, (b) with respect to one hundred percent (100%) of PubCo’s Restricted Common Units, the occurrence of a Sponsor COC, or (c) with respect to all Restricted Common Units, a Liquidating Event pursuant to which each Common Unit would be entitled to an amount exceeding that required for a Second Tier Vesting Event (taking into account the conversion of the Restricted Common Units to Common Units and the payment of the then unpaid Distribution Catch-Up Amount with respect to such Common Units). Notwithstanding anything to the contrary in this LLC Agreement, a Full Vesting Event under clauses (a) and (b) can occur with respect to the same Change of Control.
Full Vesting Event means the termination of the Participant’s employment due to death, “Disability,” termination by the Company other than for “Cause,” or resignation by the Participant for “Good Reason” (with such quoted terms being defined in and determined in accordance with the Employment Agreement made as of December 9, 2003 between the Company and the Participant).
Full Vesting Event means, with respect to all EO Units, the occurrence of the events described in Section 3.4(e)(iii) of the Merger Agreement.
Full Vesting Event means, with respect to the Restricted Common Units, a change of control transaction or liquidation of Authentic Brands. “IPO” means SilverBox’s initial public offering of Units, which was consummated on March 2, 2021.
Full Vesting Event set forth in Section 1.1 of the LLC Agreement is hereby deleted in its entirety and replaced as follows: