Common use of Profits Interest Units Clause in Contracts

Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant an award of [___] Profits Interest Units, with a Distribution Threshold of $7.83, in each case subject to adjustment as set forth in the Plan and this Agreement. The Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 3 contracts

Samples: Equity Incentive Plan Profits Interest Unit Award Agreement (Acelity L.P. Inc.), Equity Incentive Plan Profits Interest Unit Award Agreement (Acelity L.P. Inc.), Equity Incentive Plan Profits Interest Unit Award Agreement (Acelity L.P. Inc.)

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Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant an award of [___] Profits Interest Units, with a Distribution Threshold of $7.831,714,808,674.06, in each case subject to adjustment as set forth in the Plan and this Agreement. The Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 2 contracts

Samples: Profits Interest Unit Award Agreement (KCI Animal Health, LLC), Equity Incentive Plan Profits Interest Unit Award Agreement (KCI Animal Health, LLC)

Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant an award of [___] 485,998 Profits Interest Units, with a Distribution Threshold of $7.831,714,604,328.05, in each case subject to adjustment as set forth in the Plan and this Agreement. The Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Equity Incentive Plan Profits Interest Unit Award Agreement (KCI Animal Health, LLC)

Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant an award of [___] 2,288,495.714 Profits Interest Units, with a Distribution Threshold of $7.831,714,808,674.06, in each case subject to adjustment as set forth in the Plan and this Agreement. The Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Equity Incentive Plan Profits Interest Unit Award Agreement (KCI Animal Health, LLC)

Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant an award of [___] 71,327 Profits Interest Units, with a Distribution Threshold of $7.837.49, in each case subject to adjustment as set forth in the Plan and this Agreement. The Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Equity Incentive Plan Profits Interest Unit Award Agreement (Centaur Guernsey L.P. Inc.)

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Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant an award of [___] 69,252 Profits Interest Units, with a Distribution Threshold of $7.837.28, in each case subject to adjustment as set forth in the Plan and this Agreement. The Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Equity Incentive Plan Profits Interest Unit Award Agreement (Centaur Guernsey L.P. Inc.)

Profits Interest Units. Subject to the terms and conditions of this Agreement and the Plan, the Partnership hereby grants to the Participant an award of [___] 607,498 Profits Interest Units, with a Distribution Threshold of $7.831,714,604,328.05, in each case subject to adjustment as set forth in the Plan and this Agreement. The Profits Interest Units shall vest in accordance with Section 2 of this Agreement.

Appears in 1 contract

Samples: Equity Incentive Plan Profits Interest Unit Award Agreement (KCI Animal Health, LLC)

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