Common use of Forfeiture of Unvested Common Partnership Units Clause in Contracts

Forfeiture of Unvested Common Partnership Units. In the event that the Unit Holder breaches Sections 4(i) or (ii), the Unit Holder will forfeit all unvested Common Partnership Units including his rights to payment or benefits or under any shares to be issued in respect thereof.

Appears in 3 contracts

Samples: Unit Issuance Agreement (JBG SMITH Properties), Unit Issuance Agreement (JBG SMITH Properties), Unit Issuance Agreement (JBG SMITH Properties)

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Forfeiture of Unvested Common Partnership Units. In the event that the Unit Holder breaches Sections 4(i) or (ii), the Unit Holder will forfeit all unvested Common Partnership Units including his all rights to payment or benefits or under any shares to be issued in respect thereof.

Appears in 1 contract

Samples: Unit Issuance Agreement (JBG SMITH Properties)

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