Examples of Unvested Class A Common Stock in a sentence
Upon any forfeiture of Unvested Class A Common Stock pursuant to the terms and conditions of the applicable Restricted Stock Agreement and PubCo’s 2021 Equity Incentive Plan, PubCo shall automatically forfeit the corresponding Unvested Class A Common Units.
Each holder of Unvested Class A Common Stock shall be required to make a valid and timely election in respect of such Unvested Class A Common Stock, and a protective election in respect of the Unvested Class A Units exchanged therefor, in each case, pursuant to Section 83(b) of the Code and to provide evidence of such election to PubCo and the Company.