Baseline Valuation definition
Baseline Valuation means, with respect to an EPU or a profits interest in the Company, the per Unit equivalent baseline valuation of the Company established in such EPU or
Examples of Baseline Valuation in a sentence
For purposes ofthis Section 3.2(d)(i), the ‘‘consideration per Unit,” in the case of an EPU or a profits interest, shall be the Baseline Valuation of such EPU or profits interest.
The Board shall be permitted to issue EPUs, Employee Profits Interests, Options or such other rights pursuant to the Plans as the Board may determine in its sole discretion, and any such EPUs, Employee Profits Interests, Options or other rights may be issued with a Baseline Valuation and may be subject to other restrictions as determined by the: Board.