Incentive Unit Grant Agreement definition

Incentive Unit Grant Agreement means an Incentive Unit Grant Agreement entered into by the Predecessor LLC with certain Members.
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Incentive Unit Grant Agreement has the meaning set forth in Section 3.5.
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Incentive Unit Grant Agreement means a written agreement between the Partnership and a Participant setting forth the terms, conditions, and limitations applicable to an Incentive Unit; provided that, except to the extent otherwise expressly set forth in an Incentive Unit Grant Agreement and approved by the Administrator, all Incentive Unit Grant Agreements shall be deemed to include all of the terms and conditions of this Plan.
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Examples of Incentive Unit Grant Agreement in a sentence

  • Unless otherwise indicated, any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Plan or the Incentive Unit Grant Agreement, as applicable.

  • This Agreement contains the entire understanding of the parties with respect to the subject matter hereof (other than any other documents expressly contemplated herein or in the Plan) and supersedes any prior agreements between the Company and the Participant or between the Partnership and the Participant other than the Incentive Unit Grant Agreement.

  • For the avoidance of doubt, the determination of the Advent Group’s MOIC for the purpose of determining vesting of Restricted Stock shall in all events be consistent with the determination of the Advent Group’s MOIC for the purpose of determining the vesting of Incentive Units under the Incentive Unit Grant Agreement.

  • The Advent Group’s MOIC shall be determined in accordance with the terms of the Incentive Unit Grant Agreement, including Section 2.3(b)(vi).

  • On the date of each grant of Class B Common Units to a Management Unitholder who is, or as a result of such grant becomes, a holder of Class B Common Units pursuant to a grant made under an Incentive Unit Grant Agreement or similar agreement, the Board shall establish an initial “Participation Threshold” amount with respect to each Class B Common Unit granted on such date.

  • All remaining unvested Incentive Units granted to a Participant pursuant to an Incentive Unit Grant Agreement will continue to vest on a daily, straight-line basis from the Closing Date through the third anniversary of the Closing Date such that 100% of the Incentive Units for such Participant will have vested as of the third anniversary of the Closing Date, but only as long as such Participant remains employed by the Company, VWR or any of their respective Subsidiaries.

  • Upon the occurrence of a Public Offering or Subsidiary Public Offering (the “IPO”), all Incentive Units granted to a Participant pursuant to an Incentive Unit Grant Agreement which were scheduled to vest pursuant to Section 2(a) above during the one-year period following the date of the IPO will instead vest as of the consummation of the IPO, provided that the Participant is employed by the Company, VWR or any of their respective Subsidiaries as of the occurrence of the IPO.

  • Notwithstanding anything herein to the contrary, this Agreement does not supersede the Management Incentive Unit Grant Agreement between the Holder and Vector Cambium Holdings (Cayman), L.P. with respect to the Class B Units that vested prior to the IPO in accordance with the terms of such Management Incentive Unit Grant Agreement.

  • Additionally, we agree that intra-financial system liabilities are an appropriate global systemic risk indicator.

  • Notwithstanding anything contained in Section 2(a) of this Appendix to the contrary, all of the outstanding and not forfeited Incentive Units granted to a Participant pursuant to an Incentive Unit Grant Agreement subject to this Appendix with respect to a Participant shall automatically vest for such Participant upon a Sale of the Company (as defined in the applicable Management Unit Purchase Agreement).


More Definitions of Incentive Unit Grant Agreement

Incentive Unit Grant Agreement means an incentive unit grant or award agreement or other agreement to be entered into by the Company with an Incentive Member issuing, and/or setting forth the terms of, the Incentive Units to be issued to such Incentive Member, in any such case, in accordance with the terms and conditions of the Management Equity Incentive Plan.
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Related to Incentive Unit Grant Agreement

  • Stock Grant Agreement means the agreement between the Company and a Grantee who is awarded Shares under the Plan that contains the terms, conditions and restrictions pertaining to the award of such Shares.

  • Sub-grant Agreement means an agreement entered into, or proposed to be entered into, between the Bank and a Sub-grant Recipient; and

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Restricted Stock Unit Agreement means the agreement consistent with the terms of the Plan between the Company and the recipient of a Restricted Stock Unit that contains the terms, conditions and restrictions pertaining to such Restricted Stock Unit.

  • Phantom Stock Award Agreement means a written agreement between the Company and a Holder with respect to a Phantom Stock Award.

  • Restricted Stock Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Award evidencing the terms and conditions of a Restricted Stock Award grant. Each Restricted Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • RSU Award Agreement means a written agreement between the Company and a holder of a RSU Award evidencing the terms and conditions of a RSU Award grant. The RSU Award Agreement includes the Grant Notice for the RSU Award and the agreement containing the written summary of the general terms and conditions applicable to the RSU Award and which is provided to a Participant along with the Grant Notice. Each RSU Award Agreement will be subject to the terms and conditions of the Plan.

  • Stock Award Agreement means a written agreement between the Company and a holder of a Stock Award evidencing the terms and conditions of an individual Stock Award grant. Each Stock Award Agreement shall be subject to the terms and conditions of the Plan.

  • Grant Agreement means the agreement entered into by the Parties, including the Signature Document, these Uniform Terms and Conditions, along with any attachments and amendments that may be issued by the System Agency.

  • Other Stock Award Agreement means a written agreement between the Company and a holder of an Other Stock Award evidencing the terms and conditions of an Other Stock Award grant. Each Other Stock Award Agreement will be subject to the terms and conditions of the Plan.

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Stock Unit Agreement means the agreement between the Company and the recipient of a Stock Unit which contains the terms, conditions and restrictions pertaining to such Stock Unit.

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Performance Award Agreement means a written agreement between the Company and a Holder with respect to a Performance Award.

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Share Unit means a unit credited by means of an entry on the books of the Corporation to a Participant pursuant to the Plan, representing the right to receive, subject to and in accordance with the Plan, for each Vested Share Unit one Share, at the time, in the manner, and subject to the terms, set forth in the Plan and the applicable Grant Agreement;

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Grant Agreement/Grant Number means Grant Number [Grant Agreement Number] awarded to Grantee.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Article 7.

  • Restricted Stock Agreement means the agreement between the Company and the recipient of a Restricted Share that contains the terms, conditions and restrictions pertaining to such Restricted Share.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.