Deemed Transfer of Executive Securities. If, pursuant to the terms and conditions of this Agreement any Incentive Units are forfeited in accordance with the provisions of this Agreement, the Securityholders Agreement or the LLC Agreement, then from and after such time, the Person holding such forfeited units shall no longer have any rights as a holder of such units and such units shall be deemed forfeited in accordance with the applicable provisions hereof and thereof and the Company shall be deemed the owner and holder of such units, whether or not the certificates therefor, if any, have been delivered.
Appears in 4 contracts
Samples: Incentive Unit Grant Agreement (21st Century Oncology Holdings, Inc.), Incentive Unit Grant Agreement (21st Century Oncology Holdings, Inc.), Incentive Unit Grant Agreement (21st Century Oncology Holdings, Inc.)
