TPG Entity definition
Examples of TPG Entity in a sentence
In no event shall any TPG Entity be liable for the payment of, or gross up in connection with, any taxes and or penalties owed by you pursuant to Section 409A or 457A of the Code or any other similar state or local laws.
In no event shall you be obligated to provide services for any TPG Entity after the Termination Date that are inconsistent with your having had a “separation from service” from all TPG Entities on or before the Termination Date.
During the Term: (a) you will be directly employed by TPG Global or another TPG Entity (as applicable, the “TPG Employer”); (b) your principal place of employment will be in San Francisco, California (traveling as appropriate in connection with your duties for the TPG Entities); and (c) you will be paid as an employee of the TPG Employer in accordance with the payroll practices of the TPG Employer.
During the Term: (a) you will be directly employed by TPG Global or another TPG Entity (the “TPG Employer”); (b) your principal place of employment will be in Fort Worth, Texas (traveling as appropriate in connection with your duties for the TPG Entities); and (c) you will be paid as an employee of the TPG Employer in accordance with its payroll practices, and your consideration will be in respect of your governance role on ControlCo and the Board.
In no event shall you be obligated to provide services for any TPG Entity after your termination of employment with TPG that are inconsistent with your having had a “separation from service” from all TPG Entities on or before the date of your termination of employment with TPG.
The Company agrees to take all commercially reasonable actions not to permit any transfer by any TPG Entity, which does not comply with the provisions of Section 2 and 4 hereof.
This Agreement, together with the TPH Agreements, shall constitute the entire agreement between you and each TPG Entity with respect to the subject matter hereof, and supersede and are in full substitution for any prior understandings or agreements with respect to the subject matter hereof.
None of the TPG Entities, the KKR Entities or the Blackstone Entities shall direct or instruct any of its respective Affiliates or Investment Funds to take any action if such TPG Entity, KKR Entity or Blackstone Entity, as applicable, would be prohibited from taking such action itself under any lock-up agreement executed in accordance with this Section 4.4.
An "affiliate" of a TPG Entity is a person or entity that directly or indirectly through one or more intermediaries controls, is controlled by, or is under common control with such TPG Entity.
Such transferred TPG Shares shall remain "TPG Shares" hereunder, and such transferee shall be treated as a "TPG Entity" for purposes of this Undertaking (including Section 3 hereof).