Common use of Class B Common Units Clause in Contracts

Class B Common Units. (a) As of the Effective Date, the aggregate number of Class B Common Units issued to PublicCo was Two Hundred Ninety-Four Million Two Hundred Sixty-Seven Thousand Five Hundred Forty (294,267,540). (b) Upon PublicCo’s contribution of cash and/or assets to the Company pursuant to Section 3.1.3(g), the Company will issue to PublicCo that number of additional Class B Common Units equal to the number of shares of common stock issued by PublicCo in such transaction. (c) Upon PublicCo’s contribution of cash and/or assets to the Company pursuant to Section 3.1.3(h), the Company will issue to PublicCo Units that mirror to the extent practicable the terms and conditions of the capital stock issued by PublicCo, as reasonably determined by the Manager. (d) The Company may and is authorized to issue Class B Common Units to certain Persons pursuant to the terms of the Company’s employee option/compensatory plans and agreements (as adopted or entered into from time to time).

Appears in 1 contract

Sources: Limited Liability Company Agreement (Charter Communications Inc /Mo/)

Class B Common Units. (a) As of the Effective Date, the aggregate number of Class B Common Units issued to PublicCo was is Two Hundred NinetyThirty-Four Three Million Seven Hundred Fifty-Two Thousand Two Hundred SixtyEighty-Seven Thousand Five Hundred Forty One (294,267,540233,752,281). (b) Upon PublicCo’s 's contribution of cash and/or assets to the Company pursuant to Section 3.1.3(g3.1.3(e), the Company will issue to PublicCo that number of additional Class B Common Units equal to the number of shares of common stock issued by PublicCo in such transaction. (c) Upon PublicCo’s 's contribution of cash and/or assets to the Company pursuant to Section 3.1.3(h3.1.3(f), the Company will issue to PublicCo Units that mirror to the extent practicable the terms and conditions of the capital stock issued by PublicCo, as reasonably determined by the Manager. (d) The Company may and is authorized to issue Class B Common Units to certain Persons pursuant to the terms of the Company’s 's employee option/compensatory plans and agreements (as adopted or entered into from time to time).

Appears in 1 contract

Sources: Limited Liability Company Agreement (Charter Communications Inc /Mo/)