Examples of UAR Plan in a sentence
As a part of Employee’s compensation under this Agreement, Employee shall have the right to participate in the UAR Plan as determined by the Committee, subject to vesting and other rights described in the UAR Plan.
Employee’s rights in the Units may change in accordance with the provisions of the UAR Plan.
No amendments are made to the UAR Plan other than as provided in Section 3.1 above and no new grants shall be made under the UAR Plan.
Except as set forth on Schedule 3.10.3, the Company has, including in respect of the UAR Plan, withheld from each payment made or owing to any of its current or former employees, officers, directors, independent contractors, creditors, stockholders, or other third party all amounts required by Applicable Laws to be withheld and has, where required, remitted such amounts within the applicable periods to the appropriate Governmental Entities.
These UARs vest over a three-year period, provided there is a Liquidity Event, as defined in the UAR Plan, and have a legal life of 10 years from the date of grant.