Termination of Vesting. Notwithstanding Sections 5(a) and 5(b), vesting of the Holder’s Class C Units will cease immediately upon a Termination Event, with the effect that from and after the date of such Termination Event the percentage of the Holder’s Class C Units of each series of Class C Common Units issued to the Holder pursuant to Section 1 above that will be Vested Units will be the percentage of such units that constitute Vested Units as determined pursuant to Section 5(a) above on the date of such Termination Event, whether or not a Change of Control or a sale of a type described in Section 5(b) occurs thereafter.
Appears in 5 contracts
Samples: Incentive Unit Agreement (Language Line Holdings, Inc.), Incentive Unit Agreement (Language Line Holdings, Inc.), Incentive Unit Agreement (Language Line Costa Rica, LLC)
