Incentive Members definition
Incentive Members means the Class B Members, Class C Members, Class D Members, Class E Members and/or Class F Members.
Incentive Members means Members holding Incentive Shares with respect to such ownership of Incentive Shares.
Incentive Members means Members holding Incentive Units; provided, however, that with respect to a Member that holds both Equity Units and Incentive Units,any reference to Incentive Member shall be deemed to refer to such Member solely with respect to such Member’s Incentive Units.
Examples of Incentive Members in a sentence
Notwithstanding anything to the contrary in this Agreement, it is the intention of the Members that distributions and allocations to Incentive Members be limited to the extent necessary so that each related Incentive Unit constitutes a profits interest for federal income tax purposes.