Examples of Class A Management Units in a sentence
As of the date hereof, the Units are comprised of "Class A Investor ----- ---------------- Units," "Class B Investor Units," "Preferred Units," "Class A Management Units," ----- ---------------------- --------------- ------------------------ "Class B Management Units" and "Class R Management Units".
The ownership by a Member of any Class A Investor Units, Class B Investor Units, Class C Investor Units, Preferred Units, Class A Management Units, Class B Management Units and/or Class R Management Units shall entitle such Member to allocations of Profits and Losses and other items and distributions of cash and other property with respect to such Units as set forth in ARTICLE V hereof.
The ownership by a ------------------------ ------------------------ Member of any Class A Investor Units, Class B Investor Units, Preferred Units, Class A Management Units, Class B Management Units and/or Class R Management Units shall entitle such Member to allocations of Profits and Losses and other items and distributions of cash and other property with respect to such Units as set forth in Article V hereof.
The Company and Holdings agree that the repurchase option shall be terminated with respect to, and shall not apply to, the 100 Class A Management Units (the “Retained Executive Securities”) retained by Executive.
The parties do hereby acknowledge that the increased Pool is comprised of 400 Class A Management Units and 250 Class B Management Units.
Any Units issued pursuant to this Agreement which ----------------- are subsequently held by the Company as a result of any repurchase of such Units by the Company or otherwise, shall not be considered outstanding Units for any purpose hereunder, including any Class A Management Units and Class B Management Units allocated to the Pool.
Employee shall be entitled to retain 100 Class A Management Units and the 35 Class R Management Units (the "Retained Units"), which Retained Units shall be fully vested and not subject to repurchase or the restrictions set forth in Section 7 of the Employment Agreement.
Any Units issued pursuant to this Agreement ----------------- which are subsequently held by the Company as a result of any repurchase of such Units by the Company or otherwise, shall not be considered outstanding Units for any purpose hereunder, including Class A Management Units and Class B Management Units allocated from the Pool.
In addition, Executive was previously granted forty (40) Class A Management Units pursuant to an Equity Purchase Agreement dated December 29, 1999, which agreement is cancelled and superseded by this Agreement.
In the event that the Company achieves the sales revenue goals for Network Revenue and Magazine Revenue for Fiscal 2001 set forth on EXHIBIT A attached hereto, Executive shall receive from Xxxxx Xxxxx an additional fifty (50) Class A Management Units at a purchase price of $50.00.