Common use of Issuance of Common Units Clause in Contracts

Issuance of Common Units. Upon execution of this Agreement, the Company shall issue to Executive 2,230,589 Common Units of the Company, each having the rights, obligations and preferences set forth with respect thereto in the LLC Agreement. The Company shall issue the Common Units pursuant to this Section 1.1 in consideration for the execution of this Agreement by Executive and for an initial capital contribution to the Company of Twelve Thousand Six Hundred Dollars ($12,600.00) in accordance with the LLC Agreement. Except as expressly set forth herein, the LLC Agreement shall govern all matters with respect to Executive's ownership of Common Units of the Company and all capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the LLC Agreement.

Appears in 2 contracts

Samples: Executive Purchase and Vesting Agreement (Coffeyville Resources, Inc.), Executive Purchase and Vesting Agreement (Coffeyville Resources, Inc.)

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Issuance of Common Units. Upon execution of this Agreement, the Company shall issue to Executive 2,230,589 1,301,176 Common Units of the Company, each having the rights, obligations and preferences set forth with respect thereto in the LLC Agreement. The Company shall issue the Common Units pursuant to this Section 1.1 in consideration for the execution of this Agreement by Executive and for an initial capital contribution to the Company of Twelve Seven Thousand Six Three Hundred Fifty Dollars ($12,600.007,350.00) in accordance with the LLC Agreement. Except as expressly set forth herein, the LLC Agreement shall govern all matters with respect to Executive's ownership of Common Units of the Company and all capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the LLC Agreement.

Appears in 1 contract

Samples: Executive Purchase and Vesting Agreement (Coffeyville Resources, Inc.)

Issuance of Common Units. Upon execution of this Agreement, the Company shall issue to Executive 2,230,589 371,764 Common Units of the Company, each having the rights, obligations and preferences set forth with respect thereto in the LLC Agreement. The Company shall issue the Common Units pursuant to this Section 1.1 in consideration for the execution of this Agreement by Executive and for an initial capital contribution to the Company of Twelve Two Thousand Six One Hundred Dollars ($12,600.002,100.00) in accordance with the LLC Agreement. Except as expressly set forth herein, the LLC Agreement shall govern all matters with respect to Executive's ownership of Common Units of the Company and all capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the LLC Agreement.

Appears in 1 contract

Samples: Executive Purchase and Vesting Agreement (Coffeyville Resources, Inc.)

Issuance of Common Units. Upon execution of this Agreement, the Company shall issue to Executive 2,230,589 650,588 Common Units of the Company, each having the rights, obligations and preferences set forth with respect thereto in the LLC Agreement. The Company shall issue the Common Units pursuant to this Section 1.1 in consideration for the execution of this Agreement by Executive and for an initial capital contribution to the Company of Twelve Three Thousand Six Hundred and Seventy Five Dollars ($12,600.003,675.00) in accordance with the LLC Agreement. Except as expressly set forth herein, the LLC Agreement shall govern all matters with respect to Executive's ownership of Common Units of the Company and all capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the LLC Agreement.

Appears in 1 contract

Samples: Executive Purchase and Vesting Agreement (Coffeyville Resources, Inc.)

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Issuance of Common Units. Upon execution of this Agreement, the Company shall issue to Executive 2,230,589 650,588 Common Units of the Company, each having the rights, obligations and preferences set forth with respect thereto in the LLC Agreement. The Company shall issue the Common Units pursuant to this Section 1.1 in consideration for the execution of this Agreement by Executive and for an initial capital contribution to the Company of Twelve Three Thousand Six Hundred Seventy Five Dollars ($12,600.003,675.00) in accordance with the LLC Agreement. Except as expressly set forth herein, the LLC Agreement shall govern all matters with respect to Executive's ownership of Common Units of the Company and all capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the LLC Agreement.

Appears in 1 contract

Samples: Executive Purchase and Vesting Agreement (Coffeyville Resources, Inc.)

Issuance of Common Units. Upon execution of this Agreement, the Company shall issue to Executive 2,230,589 3,717,647 Common Units of the Company, each having the rights, obligations and preferences set forth with respect thereto in the LLC Agreement. The Company shall issue the Common Units pursuant to this Section 1.1 in consideration for the execution of this Agreement by Executive and for an initial capital contribution to the Company of Twelve Twenty One Thousand Six Hundred Dollars ($12,600.0021,000.00) in accordance with the LLC Agreement. Except as expressly set forth herein, the LLC Agreement shall govern all matters with respect to Executive's ownership of Common Units of the Company and all capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the LLC Agreement.

Appears in 1 contract

Samples: Executive Purchase and Vesting Agreement (Coffeyville Resources, Inc.)

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