Common use of Management Units Clause in Contracts

Management Units. The Board of Managers may from time to time in its sole discretion (a) issue Units, or reserve Units to be issued upon the exercise of options granted, to employees, consultants, managers or independent contractors of the Company or its Affiliates, whether in connection with an investment by such Person or otherwise, and (b) issue options to purchase Units pursuant to the Company's Unit option plans or otherwise to employees, consultants, managers or independent contractors of the Company or its Affiliates, or other Persons the Board of Managers deems appropriate, all upon terms, conditions, vesting rights and consideration, if any, as the Board of Managers deems appropriate; provided, however, that the aggregate number of Units issued or reserved for options pursuant to this Section 3.6 shall at no time exceed 10,000 Units. The terms on which any Units are issued pursuant to this Section 3.6 shall be determined by the Board of Managers.

Management Units. The Board of Managers may from time to time in its ----------------- sole discretion (a) issue Units, or reserve Units to be issued upon the exercise of options granted, to employees, consultants, managers or independent contractors of the Company or its Affiliates, whether in connection with an investment by such Person or otherwise, and (b) issue options to purchase Units pursuant to the Company's Unit option plans or otherwise to employees, consultants, managers or independent contractors of the Company or its Affiliates, or other Persons the Board of Managers deems appropriate, all upon terms, conditions, vesting rights and consideration, if any, as the Board of Managers deems appropriate; provided, however, that the aggregate number of Units issued or reserved for options pursuant to this Section 3.6 shall at no time exceed 10,000 Units. The terms on ----------- which any Units are issued pursuant to this Section 3.6 shall be determined by ----------- the Board of Managers.