Trigger Event

Trigger Event. The occurrence of each of the following events: (1) the Initial Payment Date (as such term is defined in the Offer to Purchase), or if there is no Initial Payment Date, the Final Settlement Date (as such term is defined in the Offer to Purchase), and (2) the Company's payment to Holders of Securities the Consent Payment (as such term is defined in the Offer to Purchase) payable as of such Initial Payment Date for Securities tendered on or before the Early Tender Deadline (as such term is... defined in the Offer to Purchase), or if there is no Initial Payment Date, the Final Settlement Date, pursuant to the terms and conditions of the Offer to Purchase. View More

Trigger Event. With respect to any Participant: (i) the death or permanent disability of a Participant; (ii) the termination for any reason of the Participant's Continuous Service with the Company; (iii) any Transfer, whether voluntary or involuntary, of the Participant's Incentive Units in violation of the applicable Offer Letter, this Plan or the LLC Agreement, including any impermissible Transfer resulting from or in connection with a domestic relations order or proceeding, or any bankruptcy-related... proceeding, order or case; and (iv) any violation by a Participant of any confidentiality agreement, covenant not to compete, covenant not to solicit or other restrictive covenant in favor of the Company View More

Trigger Event. The consummation of the conversion of the Company or its business into a corporation