MIU Agreement definition

MIU Agreement means a Management Incentive Unit Agreement between the Company and an MIU Holder.
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Examples of MIU Agreement in a sentence

  • The terms and conditions applicable to the Equity Grant shall be governed by the MIU Agreement.

  • In the event that a payment to an MIU Holder would otherwise be deferred pursuant to the terms of an MIU Agreement entered into by such MIU Holder with the Company, such payment will be withheld by Purchaser at the Closing and shall not be paid by Purchaser to such MIU Holder unless and until such MIU Holder becomes entitled to such payment pursuant to the terms and conditions of such MIU Agreement.

  • Your Unvested Proceeds will continue to vest (ratably as between Escrowed Cash (if applicable) and Restricted Shares) in accordance with the provisions of Section 4 of your MIU Agreement.

  • Following the distribution of your Unvested Proceeds, each reference in your MIU Agreement to “this Agreement,” “herein,” “hereof,” “hereunder,” or words of similar import, and each reference in the Plan or your employment agreement with J.▇▇▇▇ to a “Grant Agreement” or “Amended Grant Agreement” will mean and be a reference to your MIU Agreement as modified by this memorandum.

  • In accordance with Section 5.1.1 of the [year] MIU Agreement, Executive’s MIU Conversion LLC Units shall vest on the scheduled vesting date[(s)]1.

  • Sections 8 through 19 of your MIU Agreement will apply, mutatis mutandis, to this memorandum (with any notices to Topco pursuant to Section 9 to be made to J.▇▇▇▇ at its principal executive office, Attention: Compensation Committee of the Board of Directors); provided the reference to “the Partnership” in Section 17 of your MIU Agreement shall be replaced by a reference to “J.▇▇▇▇”.

  • Further, notwithstanding anything in the Plan, your MIU Agreement or Topco’s partnership agreement to the contrary, any forfeiture of your Unvested Proceeeds (whether in the form of Restricted Shares or Escrowed Cash), and any forfeiture of unvested IPO proceeds received by any other holder of MIUs, will revert back to J.▇▇▇▇ and will inure to the benefit of all remaining shareholders of J.▇▇▇▇, pro rata, including J.Jill’s public shareholders.

  • For the avoidance of doubt, any termination of employment referenced in the MIU Agreement shall be deemed to be a termination of employment of ▇▇▇▇▇ ▇▇▇▇▇▇▇.