Class C-3 Common Units definition

Class C-3 Common Units each have the meaning set forth in the LLC Agreement.
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Class C-3 Common Units means the Company's Class C-3 Common Units (as such term is defined in the Company LLC Agreement).
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Examples of Class C-3 Common Units in a sentence

  • The Class C-1 Common Units, Class C-2 Common Units and Class C-3 Common Units issued hereunder are collectively referred to herein as the “Holder’s Class C Units.” The Company agrees that the Holder’s agreement to perform services for the Company and its Subsidiaries in his or her capacity as an employee constitutes sufficient consideration, in lieu of a Capital Contribution (as such term is defined in the LLC Agreement), for the Holder’s Class C Units.

  • As used in this Agreement, the term “series” refers to the Class C-1 Common Units, taken alone, the Class C-2 Common Units, taken alone, or the Class C-3 Common Units, taken alone, and the term “Unvested Units” means the Holder’s Class C Units that are not Vested Units.

  • As used in this Agreement, the term “series” refers to the Class C-1 Common Units, taken alone, the Class C-2 Common Units, taken alone, or the Class C-3 Common Units, taken alone, and the term “Unvested Units” means the Executive Units that are not Vested Units.

  • The Class C-1 Common Units, Class C-2 Common Units and Class C-3 Common Units issued hereunder are collectively referred to herein as the “Executive Units.” The Company agrees that Executive’s entry into the Employment Agreement and agreement to provide services as provided therein constitute sufficient consideration, in lieu of a Capital Contribution (as such term is defined in the LLC Agreement), for the Executive Units.

  • The initial three Series of Class C Common Units are (i) Class C-1 Common Units, 5,212,121 of which are outstanding on the date hereof, (ii) Class C-2 Common Units, 5,212,122 of which are outstanding on the date hereof, and (iii) Class C-3 Common Units, 5,212,121 of which are outstanding on the date hereof.

  • LANGUAGE LINE HOLDINGS, LLC By: /s/ XXXXXX XXXXXX Name: Xxxxxx Xxxxxx Its: President /s/ XXXXXX XXXXXXXX Xxxxxx Xxxxxxxx SCHEDULE 1 Vesting Schedule Date Percentage of Class C-1 Common Units, Class C-2 Common Units and Class C-3 Common Units that will be Vested Units Prior to June 11, 2005, if no Change of Control has occurred.

  • Subject to the terms and conditions of this Agreement and the LLC Agreement, on the date of this Agreement, the Company will issue to Executive, in consideration of services to be rendered by Executive to the Company’s Subsidiaries, (i) 1,333,333 Class C-1 Common Units, (ii) 1,333,334 Class C-2 Common Units and (iii) 1,333,333 Class C-3 Common Units.

  • LANGUAGE LINE HOLDINGS, LLC By: /s/ X.X. XXXXXXX, III Name: X.X. Xxxxxxx, III Its: Vice President & Secretary /s/ XXXXXXX XXXXX Xxxxxxx Xxxxx SCHEDULE 1 Vesting Schedule Date Percentage of Class C-1 Common Units, Class C- 2 Common Units and Class C-3 Common Units that will be Vested Units Prior to the first anniversary of the date hereof, if no Change of Control has occurred.

  • LANGUAGE LINE HOLDINGS, LLC By: /s/ Xxxxxx Xxxxxx Name: Its: Xxxxxx Xxxxxx President /s/ Xxxxxx Xxxxxx Xxxxxx Xxxxxx SCHEDULE 1 Vesting Schedule Date Percentage of Class C-1 Common Units, Class C-2 Common Units and Class C-3 Common Units that will be Vested Units Prior to June 11, 2005, if no Change of Control has occurred.

  • LANGUAGE LINE HOLDINGS, LLC By: /s/ XXXXXX XXXXXX Name: Xxxxxx Xxxxxx Its: President /s/ XXXX XXXXXXXX Xxxx Xxxxxxxx SCHEDULE 1 Vesting Schedule Date Percentage of Class C-1 Common Units, Class C-2 Common Units and Class C-3 Common Units that will be Vested Units Prior to June 11, 2005, if no Change of Control has occurred.

Related to Class C-3 Common Units

  • Class A Common Units means the Company's Class A Common Units.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Common Units means common units representing limited partner interests in the Partnership.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Class B Units means the Class B Units of the Company.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Class A Common Shares means shares of the Class A Common Stock, par value $.01 per share, of the Company.

  • Class B Common Shares means (x) the Company’s Class B Common shares, $0.002 par value per share, the terms of which may be designated by the board of directors of the Company in a certificate of designations and (y) any share capital into which such preferred shares shall have been changed or any share capital resulting from a reclassification of such preferred shares (other than a conversion of such preferred shares into Common Shares in accordance with the terms of such certificate of designations).

  • Class A Common Stock means the Class A common stock, par value $0.01 per share, of the Company.

  • Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of the Company.

  • Class C Units means the Class C Units of the Company.

  • Common Unit means a common unit representing a limited partner interest in the Partnership having the rights set forth in the Partnership Agreement.

  • Preferred Units means a Partnership Interest, including the Series A Preferred Units, designated as a “Preferred Unit,” which entitles the holder thereof to a preference with respect to distributions, or as to the distribution of assets upon any Liquidation Event, over Common Units.

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class C Shares means the shares of Class C common stock of the Company.

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Class D Common Stock means the Class D Common Stock, par value $0.01 per share, of the Company.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Class B Interests As set forth in the Trust Agreement.