Common use of Restricted Unit Account Clause in Contracts

Restricted Unit Account. ICG shall establish and maintain a Restricted Unit account, as a bookkeeping account on its records, (the "Account") for you and shall record in such Account the number of Restricted Units granted to you. You shall not have any interest in any fund or specific assets of ICG by reason of this Award or the Account established for you.

Appears in 1 contract

Sources: Stock Unit Award Agreement (Internet Capital Group Inc)

Restricted Unit Account. ICG shall establish and maintain a Restricted Unit account, as a bookkeeping account on its records, (the "β€œAccount"”) for you and shall record in such Account the number of Restricted Units granted to you. You shall not have any interest in any fund or specific assets of ICG by reason of this Award or the Account established for you.

Appears in 1 contract

Sources: Stock Unit Award Agreement (Icg Group, Inc.)