Common use of Unvested Units Clause in Contracts

Unvested Units. The term “Unvested Units” means, with respect to Director’s Class B Units, the number of such Units that are not “Vested Units”.

Appears in 1 contract

Samples: Management Unit Subscription Agreement (Apria Healthcare Group Inc)

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Unvested Units. The term “Unvested Units” means, with respect to DirectorExecutive’s Class B B-1 Units, Class B-2 Units, Class B-3 Units, Class B-4 Units and Class B-5 Units, the number of such Units that are not “Vested Units”subject to any vesting, forfeiture or similar arrangement under this Agreement.

Appears in 1 contract

Samples: Unit Subscription Agreement (R.P. Scherer Technologies, Inc.)

Unvested Units. The term “Unvested Units” means, with respect to DirectorAdvisor’s Class B UnitsUnits granted pursuant to this Agreement, the number of such Units that are not “Vested Units”.

Appears in 1 contract

Samples: Management Unit Subscription Agreement (Apria Healthcare Group Inc)

Unvested Units. The term "Unvested Units” means" shall mean, with respect to Director’s Class B Unitsany class of Units held by the Executive Group, the number of Units of such class obtained by multiplying the Unvested Percentage by the number of Units that are not “Vested Units”of such class held by the Executive Group.

Appears in 1 contract

Samples: Management Unit Subscription Agreement (Pro Fac Cooperative Inc)

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Unvested Units. The term “Unvested Units” means, with respect to DirectorExecutive’s Class A-2 Units, Class B Units and Class C Units, the number of such Units that are not “Vested Units”.

Appears in 1 contract

Samples: Management Unit Subscription Agreement (Ahny-Iv LLC)

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