Amendment No. 3 to Form S-1 Ittbk of Contents acts of dishonesty resulting or intending to result in personal gain or enrichment at the expense of the company, or its subsidiaries or affiliates; a breach of any material written policy of the company or its subsidiaries; • the failure to follow the lawful written directions of our Chief Executive Officer, our Executive Chairman, the board of directors or the person to whom the participant reports; • conduct in connection with a participant's duties that is fraudulent, grossly negligent or otherwise materially injurious to the company or its subsidiaries or affiliates; or a breach of restrictive covenants under which the participant is subject. The Incentive Unit Plan will terminate upon the consummation of the IPO-Related Transactions and this offering. Phantom Unit Plan In fiscal 2015, we adopted the Phantom Unit Plan which provides for grants of Phantom Units" to the employees, directors and consultants of the company or its subsidiaries selected by the board of directors. Each Phantom Unit provides the participant with a contractual right to receive upon vesting one Incentive Unit under the terms and conditions of the Incentive Unit Plan. A maximum of 20,100,503 Phantom Units, less the number of Incentive Units granted under the Incentive Unit Plan, are available for issuance under the Phantom Unit Plan, subject to adjustment in the event of a change in the company's capital structure. The Phantom Unit Plan provides that the company may provide for a participant's Phantom Unit award to include a separate right to receive a "Tax Bonus." A Tax Bonus entitles a participant to receive a bonus equal to 4% of the fair market value of the Incentive Units paid to the participant in respect of vested Phantom Units. Tax Bonuses may be paid in cash, Incentive Units or a combination thereof. The Phantom Unit Plan provides that, unless otherwise provided in an award agreement, in the event of the terminatio