Common use of RSU Grants Clause in Contracts

RSU Grants. The Executive shall be entitled to receive 32.175 restricted stock units (“RSUs”) in respect of the Common Units (as that term is defined in Holdings’ Limited Liability Company Agreement) of Holdings. The RSUs will be granted as of the Effective Date (or as soon as practicable thereafter) and one-half of such grant will vest on each of the next two anniversaries of the Effective Date. Upon termination of the Executive’s employment with the Company, the Executive will retain all unvested RSUs, unless the Executive’s employment is terminated for Cause (as defined below), in which case all unvested RSUs will be forfeited. All other terms of the RSU grants will be subject to the terms of the Company’s 2012 Amended and Restated Stock Incentive Plan.