Examples of Profits Interest Units in a sentence
Profits Interest Units shall be subject to such restrictions on transferability and other restrictions as the Committee may impose.
Each article, section, subsection, and lesser section of this Agreement constitutes a separate and distinct undertaking, covenant, or provision hereof.
Any Award consisting of Profits Interest Units may be granted to an Employee, Consultant or Director for the performance of services to or for the benefit of the Partnership (i) in the Participant’s capacity as a partner of the Partnership, (ii) in anticipation of the Participant becoming a partner of the Partnership, or (iii) as otherwise determined by the Committee.
Profits Interest Units shall have the voting rights provided in Section 8.8.
Profits Interest Unitholders shall (a) have those voting rights required from time to time by applicable law, if any, (b) have the same voting rights as a Holder, with the Profits Interest Units voting as a single class with the Common Units and having one vote per Profits Interest Unit; and (c) have the additional voting rights that are expressly set forth below.