Common use of Series A Preferred Units Clause in Contracts

Series A Preferred Units. There is hereby created a class of Units designated as “Series A Participating Preferred Units” (the “Series A Preferred Units”), which may be issued by the Company as Full-Voting Series A Preferred Units (the “Full-Voting Series A Preferred Units”) or Reduced-Voting Series A Preferred Units (the “Reduced-Voting Series A Preferred Units”). All Series A Preferred Units granted or awarded pursuant to any Company Plan shall be Reduced-Voting Series A Preferred Units (except, with respect to any such Series A Preferred Units, as otherwise expressly authorized by the Board and set forth in the Company Plan (or grant or award agreement in respect thereof) pursuant to which such Series A Preferred Units are issued). Except as otherwise provided herein, including Section 5.9 and Annex 1 hereto, or any other Company Plan (or related grant or award agreement) or as approved by the Board, each Reduced-Voting Series A Preferred Unit shall be identical to the Full-Voting Series A Preferred Units in all respects and shall entitle the holder thereof to the rights, interests, preferences and privileges of a holder of a Full-Voting Series A Preferred Unit as set forth herein (other than the Reduced-Voting Series A Preferred Units shall have not equivalent voting rights as the Full-Voting Series A Preferred Units).

Series A Preferred Units. There is hereby created a class of Units designated as “Series A Participating Preferred Units” (the “Series A Preferred Units”), which may be issued by the Company as Full-Voting Series A Preferred Units (the “Full-Voting Series A Preferred Units”) or Reduced-Voting Series A Preferred Units (the “Reduced-Voting Series A Preferred Units”). All Series A Preferred Units granted or awarded pursuant to any Company Plan shall be Reduced-Voting Series A Preferred Units (except, with respect to any such Series A Preferred Units, as otherwise expressly authorized by the Board and set forth in the Company Plan (or grant or award agreement in respect thereof) pursuant to which such Series A Preferred Units are issued). Except as otherwise provided herein, including Section 5.9 and Annex 1 hereto, or any other Company Plan (or related grant or award agreement) or as approved by the Board, each Reduced-Voting Series A Preferred Unit shall be identical to the Full-Voting Series 25776957.3325776957.34 18 WEIL:\96757130\2\36182.0003 A Preferred Units in all respects and shall entitle the holder thereof to the rights, interests, preferences and privileges of a holder of a Full-Voting Series A Preferred Unit as set forth herein (other than the Reduced-Voting Series A Preferred Units shall have not equivalent voting rights as the Full-Voting Series A Preferred Units).

Series A Preferred Units. There is hereby created a class of Units designated as “Series A Participating Preferred Units” (the “Series A Preferred Units”), which may be issued by the Company as Full-Voting Series A Preferred Units (the “Full-Voting Series A Preferred Units”) or Reduced-Voting Series A Preferred Units (the “Reduced-Voting Series A Preferred Units”). All Series A Preferred Units granted or awarded pursuant to any Company Plan shall be Reduced-Voting Series A Preferred Units (except, with respect to any such Series A Preferred Units, as otherwise expressly authorized by the Board and set forth in the Company Plan (or grant or award agreement in respect thereof) pursuant to which such Series A Preferred Units are issued). Except as otherwise provided herein, including Section 5.9 and Annex 1 hereto, or any other Company Plan (or related grant or award agreement) or as approved by the Board, each Reduced-Voting Series A Preferred Unit shall be identical to the Full-Voting Series A Preferred Units in all respects and shall entitle the holder thereof to the rights, interests, preferences and privileges of a holder of a Full-Voting Series A Preferred Unit as set forth herein (other than the Reduced-Voting Series A Preferred Units shall have not equivalent voting rights as the Full-Voting Series A Preferred Units).Units).‌