Common use of Continued Compliance with Restrictive Covenants; Release Clause in Contracts

Continued Compliance with Restrictive Covenants; Release. The Participant’s rights to any payments or other benefits under this Award Agreement, including the acceleration or continuation of any vesting of any RSUs under this Award Agreement, to be paid or provided after the Participant has ceased to be an Active Individual LP for any reason, are conditioned upon (i) the Participant’s execution and non-revocation of a general release agreement in the form attached as Exhibit A to the Limited Partnership Agreement, subject only to revisions necessary to reflect changes in applicable law, and (ii) the Participant complying in all respects with the Limited Partnership Agreement (as modified by the 2018 Partner Agreement) including, without limitation, the restrictions regarding Confidentiality, Intellectual Property, Non-Competition, Non-Solicitation, Non-Disparagement, Non-Interference, Short Selling, Hedging Transactions, and Compliance with Policies, set forth in Sections 2.12, 2.13, 2.18, and 2.19 of the Limited Partnership Agreement. If the general release is not executed and effective no later than fifty-three (53) days following the Participant’s Withdrawal or Special Withdrawal pursuant to Section 8.3(g) of the Limited Partnership Agreement, or if the Participant timely revokes his execution thereof, the Partnership shall have no further obligations under this Award Agreement to the Participant, and all RSUs then held by the Participant, if any, shall be forfeited. Schedule C Annual DCI Award Agreement Form of Co-CIO DCI Award Acceptance Form OCH-ZIFF DEFERRED CASH INTEREST PLAN AWARD ACCEPTANCE FORM Xxxxx Xxxxx [ADDRESS] [CITY, STATE, ZIP] The Partnerships grant to Xxxxx Xxxxx (“you” or “Participant”), effective as of [DATE], an Award (the “Award”) as described below, subject to the Och-Ziff Deferred Cash Interest Plan, as amended from time to time (the “Plan”). Capitalized terms used but not defined herein shall have the meanings set forth in the Plan. This Award is being made pursuant to and in satisfaction of a Deferred Cash Interest award under Section 4(e) of each of the Amended and Restated Partner Agreements between the Partnerships and the Participant, dated as of February 16, 2018 and effective as of January 1, 2018, as amended, supplemented or restated from time to time (your “Partner Agreements”). Award Value on Grant Date: $ OZ Funds into which Award is invested: [ ]% in [name of fund] [ ]% in [name of fund]

Appears in 3 contracts

Samples: Award Agreement (Och-Ziff Capital Management Group LLC), Award Agreement (Och-Ziff Capital Management Group LLC), Award Agreement (Och-Ziff Capital Management Group LLC)

AutoNDA by SimpleDocs

Continued Compliance with Restrictive Covenants; Release. The Participant’s rights to any payments or other benefits under this Award Agreement, including the acceleration or continuation of any vesting of any RSUs under this Award Agreement, to be paid or provided after the Participant has ceased to be an Active Individual LP for any reason, are conditioned upon (i) the Participant’s execution and non-revocation of a general release agreement in the form attached as Exhibit A to the Limited Partnership Agreement, subject only to revisions necessary to reflect changes in applicable law, and (ii) the Participant complying in all respects with the Limited Partnership Agreement (as modified by the 2018 Partner Agreement) including, without limitation, the restrictions regarding Confidentiality, Intellectual Property, Non-Competition, Non-Solicitation, Non-Disparagement, Non-Interference, Short Selling, Hedging Transactions, and Compliance with Policies, set forth in Sections 2.12, 2.13, 2.18, and 2.19 of the Limited Partnership Agreement. If the general release is not executed and effective no later than fifty-three (53) days following the Participant’s Withdrawal or Special Withdrawal pursuant to Section 8.3(g) of the Limited Partnership Agreement, or if the Participant timely revokes his execution thereof, the Partnership shall have no further obligations under this Award Agreement to the Participant, and all RSUs then held by the Participant, if any, shall be forfeited. Schedule Appendix C Annual DCI Award Agreement Form of Co-CIO DCI Award Acceptance Form OCH-ZIFF DEFERRED CASH INTEREST PLAN AWARD ACCEPTANCE FORM Xxxxx Xxxxx [ADDRESS] [CITY0 Xxxx 00xx Xxxxxx 00xx Xxxxx Xxx Xxxx, STATE, ZIP] XX 00000 The Partnerships grant to Xxxxx Xxxxx (“you” or “Participant”), effective as of [DATE], an Award (the “Award”) as described below, subject to the Och-Ziff Deferred Cash Interest Plan, as amended from time to time (the “Plan”). Capitalized terms used but not defined herein shall have the meanings set forth in the Plan. This Award is being made pursuant to and in satisfaction of a Deferred Cash Interest award under Section 4(e) of each of the Amended and Restated Partner Agreements between the Partnerships and the Participant, dated as of February 16, 2018 and effective as of January 1, 2018, as amended by the Omnibus Agreement between Xxxxx Xxxxx and OZ Management LP, OZ Advisors LP and OZ Advisors II LP, effective as of the closing of the recapitalization of equity interests in such operating partnerships, and as may be further amended, supplemented or restated from time to time (your “Partner Agreements”). Award Value on Grant Date: $ OZ Funds into which Award is invested: [ ]% in [name of fund] [ ]% in [name of fund]

Appears in 1 contract

Samples: Letter Agreement and Term Sheet (Och-Ziff Capital Management Group LLC)

Continued Compliance with Restrictive Covenants; Release. The Participant’s rights to any payments or other benefits under this Award Agreement, including the acceleration or continuation of any vesting of any RSUs under this Award Agreement, to be paid or provided after the Participant has ceased to be an Active Individual LP for any reason, are conditioned upon (i) the Participant’s execution and non-revocation of a general release agreement in the form attached as Exhibit A to the Limited Partnership Agreement, subject only to revisions necessary to reflect changes in applicable law, and (ii) the Participant complying in all respects with the Limited Partnership Agreement (as modified by the 2018 Partner Agreement) including, without limitation, the restrictions regarding Confidentiality, Intellectual Property, Non-Competition, Non-Solicitation, Non-Disparagement, Non-Interference, Short Selling, Hedging Transactions, and Compliance with Policies, set forth in Sections 2.12, 2.13, 2.18, and 2.19 of the Limited Partnership Agreement. If the general release is not executed and effective no later than fifty-three (53) days following the Participant’s Withdrawal or Special Withdrawal pursuant to Section 8.3(g) of the Limited Partnership Agreement, or if the Participant timely revokes his execution thereof, the Partnership shall have no further obligations under this Award Agreement to the Participant, and all RSUs then held by the Participant, if any, shall be forfeited. Schedule C Annual DCI Award Agreement Form of CoE 0000 XXX AWARD AGREEMENT RSU AWARD AGREEMENT CO-CIO DCI 0000 XXX AWARD AGREEMENT This CLASS A RESTRICTED SHARE UNIT AWARD AGREEMENT (this “Award Acceptance Form OCH-ZIFF DEFERRED CASH INTEREST PLAN AWARD ACCEPTANCE FORM Xxxxx Xxxxx [ADDRESS] [CITYAgreement”), STATEdated as of February 16, ZIP] The Partnerships grant to 2018, is made by and between OZ Management LP, a Delaware limited partnership (the “Partnership”), and Xxxxx Xxxxx (“you” or the “Participant”), effective as of [DATE], an Award (. Capitalized terms not defined herein shall have the “Award”) as described below, subject meaning ascribed to them in the Och-Ziff Deferred Cash Interest Plan, as amended from time to time Capital Management Group LLC 2013 Incentive Plan (the “Plan”). Capitalized terms used but not defined herein Where the context permits, references to the Partnership shall have include any successor to the meanings set forth in the Plan. This Award is being made pursuant to and in satisfaction of a Deferred Cash Interest award under Section 4(e) of each of the Amended and Restated Partner Agreements between the Partnerships and the Participant, dated as of February 16, 2018 and effective as of January 1, 2018, as amended, supplemented or restated from time to time (your “Partner Agreements”). Award Value on Grant Date: $ OZ Funds into which Award is invested: [ ]% in [name of fund] [ ]% in [name of fund]Partnership.

Appears in 1 contract

Samples: Award Agreement (Och-Ziff Capital Management Group LLC)

Continued Compliance with Restrictive Covenants; Release. The Participant’s rights to any payments or other benefits under this Award Agreement, including the acceleration or continuation of any vesting of any RSUs under this Award Agreement, to be paid or provided after the Participant has ceased to be an Active Individual LP for any reason, are conditioned upon (i) the Participant’s execution and non-revocation of a general release agreement in the form attached as Exhibit A to the Limited Partnership Agreement, subject only to revisions necessary to reflect changes in applicable law, and (ii) the Participant complying in all respects with the Limited Partnership Agreement (as modified by the 2018 Partner Agreement) including, without limitation, the restrictions regarding Confidentiality, Intellectual Property, Non-Competition, Non-Solicitation, Non-Disparagement, Non-Interference, Short Selling, Hedging Transactions, and Compliance with Policies, set forth in Sections 2.12, 2.13, 2.18, and 2.19 of the Limited Partnership Agreement. If the general release is not executed and effective no later than fifty-three (53) days following the Participant’s Withdrawal or Special Withdrawal pursuant to Section 8.3(g) of the Limited Partnership Agreement, or if the Participant timely revokes his execution thereof, the Partnership shall have no further obligations under this Award Agreement to the Participant, and all RSUs then held by the Participant, if any, shall be forfeited. Schedule C Annual DCI E 0000 XXX Award Agreement Form of CoCO-CIO DCI 0000 XXX AWARD AGREEMENT This CLASS A RESTRICTED SHARE UNIT AWARD AGREEMENT (this “Award Acceptance Form OCH-ZIFF DEFERRED CASH INTEREST PLAN AWARD ACCEPTANCE FORM Xxxxx Xxxxx [ADDRESS] [CITYAgreement”), STATEdated as of February 16, ZIP] The Partnerships grant to 2018, is made by and between OZ Management LP, a Delaware limited partnership (the “Partnership”), and Xxxxx Xxxxx (“you” or the “Participant”), effective as of [DATE], an Award (. Capitalized terms not defined herein shall have the “Award”) as described below, subject meaning ascribed to them in the Och-Ziff Deferred Cash Interest Plan, as amended from time to time Capital Management Group LLC 2013 Incentive Plan (the “Plan”). Capitalized terms used but not defined herein Where the context permits, references to the Partnership shall have include any successor to the meanings set forth in the Plan. This Award is being made pursuant to and in satisfaction of a Deferred Cash Interest award under Section 4(e) of each of the Amended and Restated Partner Agreements between the Partnerships and the Participant, dated as of February 16, 2018 and effective as of January 1, 2018, as amended, supplemented or restated from time to time (your “Partner Agreements”). Award Value on Grant Date: $ OZ Funds into which Award is invested: [ ]% in [name of fund] [ ]% in [name of fund]Partnership.

Appears in 1 contract

Samples: Award Agreement (Och-Ziff Capital Management Group LLC)

AutoNDA by SimpleDocs

Continued Compliance with Restrictive Covenants; Release. The Participant’s rights to any payments or other benefits under this Award Agreement, including the acceleration or continuation of any vesting of any RSUs under this Award Agreement, to be paid or provided after the Participant has ceased to be an Active Individual LP for any reason, are conditioned upon (i) the Participant’s execution and non-revocation of a general release agreement in the form attached as Exhibit A to the Limited Partnership Agreement, subject only to revisions necessary to reflect changes in applicable law, and (ii) the Participant complying in all respects with the Limited Partnership Agreement (as modified by the 2018 Partner Agreement) including, without limitation, the restrictions regarding Confidentiality, Intellectual Property, Non-Competition, Non-Solicitation, Non-Disparagement, Non-Interference, Short Selling, Hedging Transactions, and Compliance with Policies, set forth in Sections 2.12, 2.13, 2.18, and 2.19 of the Limited Partnership Agreement. If the general release is not executed and effective no later than fifty-three (53) days following the Participant’s Withdrawal or Special Withdrawal pursuant to Section 8.3(g) of the Limited Partnership Agreement, or if the Participant timely revokes his execution thereof, the Partnership shall have no further obligations under this Award Agreement to the Participant, and all RSUs then held by the Participant, if any, shall be forfeited. Schedule C Annual DCI E 0000 XXX Award Agreement Form of CoRSU AWARD AGREEMENT CO-CIO DCI 0000 XXX AWARD AGREEMENT This CLASS A RESTRICTED SHARE UNIT AWARD AGREEMENT (this “Award Acceptance Form OCH-ZIFF DEFERRED CASH INTEREST PLAN AWARD ACCEPTANCE FORM Xxxxx Xxxxx [ADDRESS] [CITYAgreement”), STATEdated as of February 16, ZIP] The Partnerships grant to 2018, is made by and between OZ Management LP, a Delaware limited partnership (the “Partnership”), and Xxxxx Xxxxx (“you” or the “Participant”), effective as of [DATE], an Award (. Capitalized terms not defined herein shall have the “Award”) as described below, subject meaning ascribed to them in the Och-Ziff Deferred Cash Interest Plan, as amended from time to time Capital Management Group LLC 2013 Incentive Plan (the “Plan”). Capitalized terms used but not defined herein Where the context permits, references to the Partnership shall have include any successor to the meanings set forth in the Plan. This Award is being made pursuant to and in satisfaction of a Deferred Cash Interest award under Section 4(e) of each of the Amended and Restated Partner Agreements between the Partnerships and the Participant, dated as of February 16, 2018 and effective as of January 1, 2018, as amended, supplemented or restated from time to time (your “Partner Agreements”). Award Value on Grant Date: $ OZ Funds into which Award is invested: [ ]% in [name of fund] [ ]% in [name of fund]Partnership.

Appears in 1 contract

Samples: Award Agreement (Och-Ziff Capital Management Group LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.