Executive Preferred Units definition

Executive Preferred Units has the meaning specified in the Preamble to this Agreement.
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Examples of Executive Preferred Units in a sentence

  • Bear Equity shall vest into 8.3333% of the total Executive Preferred Units every quarter (i.e. every three calendar months) that has elapsed after the Vesting Start Date such that at the end of three (3) years after the Vesting Start Date Bear Equity shall be fully vested in said Units, subject to the below terms and Section 3.2 hereof.

  • Bear Equity shall hold such Executive Preferred Units subject to this Agreement and to the LLC Agreement.

  • The Company may refuse for any purpose to recognize any transferee who receives Executive Preferred Units contrary to the provisions of this Agreement or the LLC Agreement as a member of the Company.

  • However, if the Board determines that the Sale of the Company also constitutes a Management Control Acquisition, then Bear Equity will continue to vest in the Executive Preferred Units quarterly in accordance with Section 3.1 above and there will not be an acceleration of vesting under such circumstances.

  • Original plans included a tailor made symposium for the latter audience; this plan was aborted in early 2009 based on informal consultations with potential participants regarding the likely demand for such an offering.

  • Such Executive Preferred Units shall be subject to a commencement date of February 26, 2010 for purposes of calculating the applicable Priority Return.

  • Accordingly, such Executive Preferred Units must be sold in compliance with the registration requirements of the applicable Securities Laws or an exemption there from.

  • The Founder Common Investors shall hold such Executive Common Units and Founder Preferred Investor shall hold the Executive Preferred Units, in each case, subject to this Agreement and to the LLC Agreement.

  • An additional 0.95238% of the Executive Preferred Units shall vest for each additional one million dollars ($1,000,000.00) by which the Aggregate Investment Amount exceeds twenty million dollars ($20,000,000.00).

  • The Fair Market Value of the Executive Preferred Units shall be that which is negotiated by the Company and the Seller.

Related to Executive Preferred Units

  • Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).

  • Preferred Units means all Partnership Interests designated as preferred units by the General Partner from time to time in accordance with Section 4.02 of the Partnership Agreement.

  • Series C Preferred Units means the series of Partnership Units representing units of Limited Partnership Interest designated as the 8 5/8% Series C Cumulative Redeemable Preferred Units, with the designations, preferences and other rights set forth in Attachment C hereto.

  • Series B Preferred Units shall have the meaning provided in Section 1.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Class B Preferred Stock means the Class B Cumulative Convertible Preferred Stock, par value $0.01 per share, of the Previous General Partner.

  • Parity Preferred Units shall have the meaning provided in Section 4.

  • Senior Preferred Stock means the Series A Preferred Stock and the Series B Preferred Stock.

  • Safe Preferred Stock means the shares of the series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Standard Preferred Stock, other than with respect to: (i) the per share liquidation preference and the initial conversion price for purposes of price-based anti-dilution protection, which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

  • Class A Preferred Stock means the Company's Class A Convertible Preferred Stock, par value $.01 per share.

  • New Preferred Stock means the Series B-1 Preferred Stock and the Series B-2 Preferred Stock.

  • Preferred Unit means a fractional, undivided share of the Partnership Interests that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the Common Units that the General Partner has authorized pursuant to Section 4.2 hereof.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Junior Preferred Stock means ML & Co.'s Series A Junior Preferred Stock, par value $1.00 per share.

  • Series H Preferred Stock means shares of the Company’s Series H Preferred Stock, par value $0.0001 per share.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series A Preference Shares means the Series A Preference Shares of £0.05 each in the capital of the Company.

  • Series A Preferred means the Series A preferred stock, $.01 par value per share, of the Company.

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.001 per share.

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Company Series A Preferred Stock means the Series A Preferred Stock, par value $0.0001 per share, of the Company.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.0001 per share.

  • Existing Preferred Stock means, collectively, the outstanding shares of the Series E 6% Convertible Preferred Stock of the Corporation.