Unvested Common Units definition

Unvested Common Units has the meaning set forth in Section 1.1 hereto.
Unvested Common Units means Common Units that are not Vested Common Units.
Unvested Common Units has the meaning set forth in Section 3.3.

Examples of Unvested Common Units in a sentence

  • Except as otherwise provided for in the LLC Agreement, Management Stockholder shall have no voting rights with respect to the Unvested Common Units.

  • The number of Unvested Common Units and Vested Units to be repurchased hereunder will be allocated among Executive and the Permitted Transferee(s) of Executive Securities (if any) PRO RATA according to the number of Executive Securities to be purchased from such Person.

  • The Separation Repurchase Notice will set forth the number of Unvested Common Units and Vested Units to be acquired from each holder, the aggregate consideration to be paid for such units and the time and place for the closing of the transaction.

  • Unvested Common Units and Unvested Class C Common Incentive Units that fail to vest and are forfeited by the applicable Member shall be cancelled by the Company (and shares of Class B Common Stock held by the applicable Member shall be cancelled, in each case for no consideration) and shall not be entitled to any distributions under this Agreement.

  • Unvested Common Units that fail to vest and are forfeited by the applicable Member shall be cancelled by the Company and shall not be entitled to any distributions pursuant to Section 5.03.


More Definitions of Unvested Common Units

Unvested Common Units means, as of any given time, any Common Units that are subject to vesting or a similar forfeiture provision pursuant to any Management Unit Purchase Agreement and which have not yet vested or are still subject to a similar forfeiture provision in accordance with the terms of such Management Unit Purchase Agreement.
Unvested Common Units means Common Units issued under any Award Agreement (or any other agreement subjecting such Units to vesting) that have not yet vested pursuant to the applicable Award Agreement (or any such other agreement).
Unvested Common Units means Common Units that are not Vested Common Units. “Vested Class C Common Incentive Units” means the Class C Common Incentive Units that are vested pursuant to the terms thereof or any Award Agreement relating thereto.
Unvested Common Units has the meaning set forth in SECTION 1.3 hereto.
Unvested Common Units has the meaning given to such term in the Norcraft LLC Agreement.
Unvested Common Units means Common Units that are not Vested Common Units. “Vested Class C Common Incentive Units” means the Class C Common Incentive
Unvested Common Units means, as of any given time, any Class A Common Units that are subject to vesting or a similar forfeiture provision pursuant to any Management Unit Purchase Agreement and which have not yet vested or are still subject to a similar forfeiture provision in accordance with the terms of such Management Unit Purchase Agreement.