Management Unitholder definition

Management Unitholder means any holder of Class B Units that are or have ever been subject to vesting requirements or Class C Units (other than the Company or any Investor).

Management Unitholder means an individual Unitholder who is providing services on a full-time basis to the Company or any its Subsidiaries, and listed under the heading "Management Unitholder" on SCHEDULE A hereto and shall include such individuals who acquire Units pursuant to Section 8.2(d)(ii).

Management Unitholder means any holder of Management Incentive Units.

Examples of Management Unitholder in a sentence

• Management Unitholder shall be the record owner of the shares of Restricted Stock until or unless such shares of Restricted Stock are forfeited pursuant to the terms of this Agreement, and as record owner shall be entitled to all rights of a common stockholder of the Company, including, without limitation, voting rights with respect to the shares of Restricted Stock and rights to dividends or other distributions, subject to Section 6 below.

• Management Unitholder acknowledges and accepts the terms of this Agreement.

• Any notice necessary under this Agreement shall be addressed to the General Partner, the Partnership or the Company in care of its Chief Legal Officer at its principal executive office and to Management Unitholder at the address appearing in the personnel records of the Company for such Management Unitholder or to either party at such other address as either party hereto may hereafter designate in writing to the other.

• Except as set forth in the applicable Unit Award Agreement, as amended by this Section 2 of this Appendix A, in the event of the Management Unitholder’s Termination for any reason prior to the time that all of the shares of Restricted Stock have vested, (A) all vesting with respect to such shares of Restricted Stock shall cease and (B) unvested shares of Restricted Stock shall be forfeited to the Company by the Management Unitholder for no consideration as of the date of such Termination.

• The Management Unitholder hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through an on-line or electronic system established and maintained by the Company or a third party designated by the Company.

• Management Unitholder shall timely (within 30 days following the Distribution Time) file (via certified mail, return receipt requested) such election with the Internal Revenue Service, and thereafter shall certify to the Company that Management Unitholder has made such timely filing and furnish a copy of such filing to the Company.

• The Management Unitholder hereby consents to receive such documents by electronic delivery and agrees to receive information related to the shares of Restricted Stock through an on-line or electronic system established and maintained by the Company or a third party designated by the Company.

• Management Unitholder acknowledges that, upon consummation of the Distribution, Management Unitholder will no longer hold any Partnership Class B Units and will have no surviving rights or obligations under the Partnership Agreement or any other governing documents of the Partnership or any other agreements related to ownership of any such Partnership Class B Units, other than as expressly set forth herein.

• Further, the Company or any of its affiliates (as applicable) may at any time terminate the employment or engagement of Management Unitholder, free from any liability or claim under the Equity Incentive Plan or this Agreement, except as otherwise expressly provided herein.

• Management Unitholder hereby consents to such amended vesting terms in accordance with the Equity Incentive Plan.

More Definitions of Management Unitholder

Management Unitholder means each Executive (as defined in the Securityholders Agreement).

Management Unitholder means any Unitholder that is employed by the LLC or any of its Subsidiaries, and is designated as such on Schedule A hereto.

Management Unitholder has the meaning assigned to such term in the LLC Agreement.

Management Unitholder means any Unitholder that is employed by the LLC or any of its Subsidiaries, and is designated as such on Schedule A hereto. “Manager” means a manager on the Board, who, for purposes of the Delaware Act, will be deemed a “manager” (as defined in the Delaware Act) but will be subject to the rights, obligations, limitations and duties set forth in this Agreement. A “member” of the Board shall be a Manager for purposes of this Agreement. “Material Change” shall have the meaning set forth in Section 6.6(a)(vi). “Member Nonrecourse Debt” has the same meaning as “partner nonrecourse debt” as set forth in Treasury Regulations Section 1.704-2(b)(4). “Member Nonrecourse Debt Minimum Gain” has the same meaning as “partner nonrecourse debt minimum gain” as set forth in Treasury Regulations Section 1.704- 2(i)(2). “Monthly Financial Information” shall have the meaning set forth in Section 6.6(a)(iii). “Negotiation Notice” shall have the meaning set forth in Section 10.5. “Negotiation Parties” shall have the meaning set forth in Section 10.5.

Management Unitholder means any holder of Class B Units and/or Capital Incentive Units (other than Xxxxxxxx, the Company, any Investor or Xxxxxxxx Xxxxx, Xxxxx Xxxxx or any of their respective Family Groups).