Common use of Future Share Incentive Plans Clause in Contracts

Future Share Incentive Plans. Nothing in this Agreement shall be construed or applied to preclude or restrain the Parent, the Operating Managing Member or the Company from adopting, modifying or terminating share incentive plans for the benefit of employees, directors or other business associates of the Parent, the Operating Managing Member, the Company or any of their Affiliates. The Members acknowledge and agree that, in the event that any such plan is adopted, modified or terminated by the Parent, the Operating Managing Member shall have the power, without the Consent of the Members, to amend this Section 4.4 in accordance with Section 7.3(d).

Future Share Incentive Plans. Nothing in this Agreement shall be construed or applied to preclude or restrain the Parent, the Operating Managing Member General Partner or the Company Partnership from adopting, modifying or terminating share incentive plans for the benefit of employees, directors or other business associates of the Parent, the Operating Managing MemberGeneral Partner, the Company Partnership or any of their Affiliates. The Members Partners acknowledge and agree that, in the event that any such plan is adopted, modified or terminated by the Parent, the Operating Managing Member General Partner shall have the power, without the Consent of the MembersLimited Partners and Non-Managing General Partners, to amend this Section 4.4 in accordance with Section 7.3(d7.3(e).