Unvested CIC Equivalent Amount

Unvested CIC Equivalent Amount. Shall mean, for each Profit Unit holder who holds unvested Profit Units as of immediately prior to the Distribution, with respect to each outstanding Grant, a number equal to the total number of Distributed Shares received by the Distributee in respect of his or her outstanding Profit Units pursuant to such Grant in accordance with Section 2.1, divided by five (5)

Unvested CIC Equivalent Amount. Shall mean, for each Profit Unit holder who holds unvested Profit Units as of immediately prior to the Distribution, with respect to each outstanding Grant, a number of Distributed Shares as determined by the Board made in connection with the Distribution, which represents the Profit Unit holder's interest in the unvested Profit Units which were scheduled to vest only upon a Change of Control Transaction with respect to such Grant