Common use of Unit Power Clause in Contracts

Unit Power. Concurrently with the execution of this Agreement, the Participant shall execute in blank one unit transfer power in the form attached hereto as Exhibit C (the “Unit Power”) with respect to the Zero Strike Incentive Units and shall deliver such Unit Power to the Company. The Unit Power shall authorize the Company to assign, transfer and deliver the Zero Strike Incentive Units to the appropriate acquirer thereof pursuant to Section 8 of this Agreement or Section 11.3 of the LLC Agreement

Appears in 1 contract

Sources: Zero Strike Incentive Units Award Agreement (Cricut, Inc.)

Unit Power. Concurrently with the execution of this Agreement, the Participant shall execute in blank one unit transfer power in the form attached hereto as Exhibit C D (the “Unit Power”) with respect to the Zero Strike Incentive Units and shall deliver such Unit Power to the Company. The Unit Power shall authorize the Company to assign, transfer and deliver the Zero Strike Incentive Units to the appropriate acquirer thereof pursuant to Section 8 of this Agreement or Section 11.3 of the LLC Agreement

Appears in 1 contract

Sources: Letter of Confidentiality (Cricut, Inc.)