Restricted Unit Agreement definition

Restricted Unit Agreement means the Restricted Unit Agreement entered into or to be entered into between the Company and each recipient of Profits Units, in the form attached as Exhibit F or in such other form as approved by the Board.
Restricted Unit Agreement means an agreement executed by the Company and a holder of Class B Units upon the issuance of Class B Units to such Person, providing for any vesting and forfeiture of such Class B Units, and other terms and conditions relating to such Class B Units, in each case in such form approved by the Managing Member and, so long as the Founder Member Ownership Threshold is met, the Founder Member Representative.
Restricted Unit Agreement means a written agreement between the Company and a Participant evidencing the terms and conditions of an individual Restricted Unit grant.

Examples of Restricted Unit Agreement in a sentence

  • The rest would only vest if Smashburger met certain “performance hurdles.” The Restricted Unit Agreement provided for five performance hurdles and reaching each was contingent on Smashburger’s achieving a certain level of EBITDA.

  • In 2014, we drafted the CGT press release on EITI, shared our views on the State Budget.National Alliance for an International Tribunal (ANTI)La’o Hamutuk is one of the most active members of this coalition of Timor-Leste human rights NGOs who work to end impunity for crimes committed during the 24-year Indonesian occupation.

  • However, the majority of those options would only vest on the same conditions as laid out in the Restricted Unit Agreement.

  • However, it is clear that one is no longer a Class B Member once all of his Units are redeemed.2. The Restricted Unit Agreement The first alleged flaw in Smashburger’s calls was its failure to call all of Prokupek’s Units.

  • Those Units represent 26.91% of the 667,527 Units granted to him under the Restricted Unit Agreement that were to vest if the Company achieved the fourth and fifth performance hurdles.


More Definitions of Restricted Unit Agreement

Restricted Unit Agreement means the Restricted Unit Agreement by and between the Company and the Executive, dated as of February [__], 2010.
Restricted Unit Agreement means a written agreement between a Participant and the Corporation evidencing an award of Restricted Units.
Restricted Unit Agreement means any written agreement in a form approved by the Committee to be entered into by the Company and the Holder to evidence the Award of Restricted Units under Section 8 of the Plan.
Restricted Unit Agreement is defined in the Prior LLC Agreement.
Restricted Unit Agreement means the Restricted Unit Agreement pursuant to which a Person receives Common Series C Units.
Restricted Unit Agreement means an agreement between BiteSquad and the holder of any Incentive Unit granting an Incentive Unit to such
Restricted Unit Agreement means any Restricted Unit Agreement or similar agreement with respect to Incentive Units. “Returns” has the meaning set forth in Section 3.20(a).