Common use of Issuance and Grant Clause in Contracts

Issuance and Grant. Pursuant to the terms and subject to the conditions set forth in this Agreement and the LLC Agreement, the Company hereby agrees to issue and grant to the Grantee Class F Units (the “Incentive Units”). The Company agrees the Grantee’s provision of services to or for the benefit of the Company constitutes sufficient consideration for the Incentive Units. Capitalized terms used in this Agreement and not otherwise defined in this Agreement shall have the meanings assigned to them in the LLC Agreement.

Issuance and Grant. Pursuant to the terms and subject to the conditions set forth in this Agreement and the LLC Agreement, the Company hereby agrees to issue and grant to the Grantee Class F Units (collectively, the “Incentive Units”). The Company agrees the Grantee’s provision of services to or for the benefit of the Company constitutes sufficient consideration for the Incentive Units. Capitalized terms used in this Agreement and not otherwise defined in this Agreement shall have the meanings assigned to them in the LLC Agreement.