Vesting Agreement definition

Vesting Agreement means each or any, as the context implies, agreement or instrument entered into by a holder of LTIP Units upon acceptance of an award of LTIP Units under an Equity Incentive Plan.

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Vesting Agreement has the meaning set forth in Section 16.2.A hereof.

Vesting Agreement means each or any, as the context implies, vesting agreement entered into by a Profits Interest Unitholder upon acceptance of an award of Unvested Profits Interest Units under the Plan (as such agreement may be amended, modified or supplemented from time to time), including any Class C Units Agreements and Class D Units Agreements.

Examples of Vesting Agreement in a sentence

LTIP Units that have vested under the terms of a Vesting Agreement are referred to as “Vested LTIP Units”; all other LTIP Units shall be treated as “Unvested LTIP Units.” Upon grant, the grantee of any LTIP Unit shall be treated as a Member for all purposes, provided, however, that the LTIP Units shall have no voting rights other than those provided in Section 4.4(d) hereof.
The terms of any Vesting Agreement may be modified by the Managing Member from time to time in its sole discretion, subject to any restrictions on amendment imposed by the relevant Vesting Agreement or by the Incentive Plan, if applicable.
Subject to the provisions of this Section 4.04, the special provisions of Section 4.5 and Section 5.1(g) hereof and any Vesting Agreement, the LTIP Units shall rank pari passu with the Common Units as to the payment of regular and special periodic or other distributions; provided that distributions of assets on liquidation, dissolution or winding up shall be made solely in accordance with the Members’ positive Capital Account balances as provided in Section 5.6(a).
LTIP Units may, in the sole discretion of the Managing Member, be issued subject to vesting, forfeiture and additional restrictions on transfer pursuant to the terms of a Vesting Agreement.
Subject to the terms of any Vesting Agreement, an LTIP Unitholder shall be entitled to transfer his or her LTIP Units to the same extent, and subject to the same restrictions as holders of Common Units are entitled to transfer their Common Units pursuant to Article IX.

More Definitions of Vesting Agreement

Vesting Agreement has the meaning set forth in Section 1.2 of Exhibit C hereto.

Vesting Agreement means each or any, as the context implies, LTIP Unit Award Agreement entered into by a LTIP Unitholder upon acceptance of an award of LTIP Units under the Plan (as such agreement may be amended, modified or supplemented from time to time).

Vesting Agreement shall have the meaning set forth in Section 1.2 of Schedule H hereto.

Vesting Agreement has the meaning set forth in Exhibit E attached hereto.

Vesting Agreement has the meaning set forth in Section 3 of this Designation.

Vesting Agreement means the Restricted Stock Agreements in the agreed form between the Company and each of the following Sellers: [***].

Vesting Agreement means an award, vesting or other similar agreement setting forth the terms under which any number of LTIP Units are subject to vesting, forfeiture and additional restrictions on transfer. The terms of any Vesting Agreement may be modified by the Manager from time to time in its sole discretion, subject to any restrictions on amendment imposed by the relevant Vesting Agreement or by the terms of any plan pursuant to which the LTIP Units are issued, if applicable.