Common use of Restricted Units Clause in Contracts

Restricted Units. In accordance with Section 4.3(e), to the extent the Company issues restricted REIT Shares, the Partnership shall issue to the Company an equal number of Partnership Common Units that are subject to a similar vesting schedule, forfeiture provisions and other terms and conditions that correspond to those of the restricted REIT Shares (“Restricted Partnership Common Units”).

Appears in 3 contracts

Samples: NorthStar Realty Europe Corp., NorthStar Realty Europe Corp., Northstar Realty Finance Corp.

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Restricted Units. In accordance with Section 4.3(e), to the extent the Company issues restricted REIT Company Shares, the Partnership shall issue to the Company an equal number of Partnership Common Units that are subject to a similar vesting schedule, forfeiture provisions and other terms and conditions that correspond to those of the restricted REIT Company Shares (“Restricted Partnership Common Units”).

Appears in 1 contract

Samples: NorthStar Asset Management Group Inc.

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