Unvested Units definition

Unvested Units means those Units listed as unvested Units in the books and records of the Partnership, as the same may be amended from time to time in accordance with this Agreement.

Unvested Units means any Executive Units which are not Vested Units.

Unvested Units has the meaning assigned to such term in the LLC Agreement.

Examples of Unvested Units in a sentence

• Any such determination in the General Partner’s discretion in respect of Unvested Units shall be final and binding.

• Immediately upon the forfeiture of any Initial Unvested Units, such Unvested Units that have been so forfeited shall be cancelled.

• Except as set forth in Paragraph 5, the Participant will not be entitled to any privileges of ownership of the Common Shares (including, without limitation, any voting rights) underlying Vested Units and/or Unvested Units unless and until Common Shares are actually delivered to Participant hereunder.

• Except as set forth in this Section 7, the Participant will not be entitled to any privileges of ownership of the shares of Common Stock subject to the Award (including, without limitation, any voting rights) underlying Vested Units and/or Unvested Units unless and until such shares of Common Stock are actually delivered to the Participant hereunder.

• If both Unvested Units and Vested Units are to be purchased by the Company and Executive Units are held by Permitted Transferees of Executive, the number of Unvested Units and Vested Units to be purchased will be allocated among such holders pro rata according to the total number of Executive Units to be purchased from such person.

More Definitions of Unvested Units

Unvested Units means, as of the date of any determination, with respect to the Equity Units held by a Management Member, the number of such Equity Units equal to the product of (i) the total number of such Equity Units times (ii) the percentage equal to 100% less the Applicable Percentage.

Unvested Units means those Units from time to time listed as unvested Units in the books and records of the Company.

Unvested Units is defined in Section 3.3.

Unvested Units shall have the meaning set forth in Section 2.5(b).

Unvested Units means the Units (as defined in the Restricted Unit Agreement) issued under this Agreement for as long as such Units are subject to the Restrictions (as hereinafter defined) imposed by this Agreement.

Unvested Units means those Units that have not vested in accordance with their terms.

Unvested Units means the number of such Units that are subject to any vesting, forfeiture or similar arrangement under this Agreement and have not become Vested Units.