Incentive Unit Subscription Agreement definition
Incentive Unit Subscription Agreement means any Management Unit Subscription Agreement entered into by and between the Company and an officer of RTS in connection with the grant of any awards under the Company’s 2008 Unit Incentive Plan, including this Agreement.
Examples of Incentive Unit Subscription Agreement in a sentence
Subject to approval by the Board not later than sixty days following the Effective Date, Executive shall be eligible to receive 400,000 Class C Units of Parent, which units shall have a participation threshold based on Parent’s then-current fair market value and shall be subject to and governed by all of the terms and conditions set forth in Parent’s Limited Partnership Agreement and the form of Management Incentive Unit Subscription Agreement attached hereto as Exhibit C (the “Incentive Unit Grant”).