Under the first of those agreements, we generally will be required to pay to the Continuing LLC Owners approximately 85 % of the applicable savings, if any, in income tax that we are deemed to realize (using the
actual applicable U.S. federal income tax rate and an assumed combined state and local income tax rate) as a result of (1) certain tax attributes that are created as a result of the exchanges of their LLC
Units for shares of our Class A common
stock, (2) any existing tax attributes associated with their LLC
Units the benefit of which is allocable to us as a result of the exchanges of their LLC
Units for shares of our Class A common
stock (including the portion of Desert Newco's existing tax basis in its assets that is allocable to the LLC
Units that are exchanged), (3) tax benefits related to imputed interest and (4) payments under such TRA.
Restricted
Stock Units (RSU) provides similar benefits as RSA but instead of actual shares, employees receive an opportunity to receive stock in the fu
Stock Units (RSU) provides similar benefits as RSA but instead of
actual shares, employees receive an opportunity to receive
stock in the fu
stock in the future.