Common use of Adjustment of Restricted Units Clause in Contracts

Adjustment of Restricted Units. The number of Restricted Units granted to the Director pursuant to this Agreement shall be adjusted to reflect distributions of the Partnership paid in units, unit splits or other changes in the capital structure of the Partnership, all in accordance with the Plan. All provisions of this Agreement shall be applicable to such new or additional or different units or securities distributed or issued pursuant to the Plan to the same extent that such provisions are applicable to the units with respect to which they were distributed or issued.

Appears in 4 contracts

Samples: Restricted Unit Agreement for Nonemployee Directors (Pioneer Southwest Energy Partners L.P.), Restricted Unit Agreement for Nonemployee Directors (Pioneer Southwest Energy Partners L.P.), Restricted Unit Agreement for Nonemployee Directors (Pioneer Southwest Energy Partners L.P.)

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Adjustment of Restricted Units. The number of Restricted Units granted to the Director Service Provider pursuant to this Agreement shall be adjusted to reflect distributions of the Partnership paid in units, unit splits or other changes in the capital structure of the Partnership, all in accordance with the Plan. All provisions of this Agreement shall be applicable to such new or additional or different units or securities distributed or issued pursuant to the Plan to the same extent that such provisions are applicable to the units Units with respect to which they were distributed or issued.

Appears in 3 contracts

Samples: Restricted Unit Agreement (Eagle Rock Energy Partners L P), Master Agreement (Eagle Rock Energy Partners L P), Restricted Unit Agreement (Eagle Rock Energy Partners L P)

Adjustment of Restricted Units. The number of Restricted Units granted to the Director Employee pursuant to this Agreement shall be adjusted to reflect distributions of the Partnership paid in units, unit splits or other changes in the capital structure of the Partnership, all in accordance with the Plan. All provisions of this Agreement shall be applicable to such new or additional or different units or securities distributed or issued pursuant to the Plan to the same extent that such provisions are applicable to the units with respect to which they were distributed or issued.

Appears in 2 contracts

Samples: Restricted Unit Agreement (PetroLogistics LP), Restricted Unit Agreement (PetroLogistics LP)

Adjustment of Restricted Units. The number of Restricted Units granted to the Director Participant pursuant to this Agreement shall be adjusted to reflect distributions of the Partnership paid in units, unit splits or other changes in the capital structure of the Partnership, all in accordance with the Plan. All provisions of this Agreement shall be applicable to such new or additional or different units or securities distributed or issued pursuant to the Plan to the same extent that such provisions are applicable to the units Units with respect to which they were distributed or issued.

Appears in 2 contracts

Samples: Restricted Unit Agreement (Memorial Production Partners LP), Restricted Unit Award Agreement (LRR Energy, L.P.)

Adjustment of Restricted Units. The number of Restricted Units granted to the Director pursuant to this Agreement shall be adjusted to reflect distributions of the Partnership paid in unitsUnits, unit splits or other changes in the capital structure of the Partnership, all in accordance with the Plan. All provisions of this Agreement shall be applicable to such new or additional or different units or securities distributed or issued pursuant to the Plan to the same extent that such provisions are applicable to the units Units with respect to which they were distributed or issued.

Appears in 1 contract

Samples: Restricted Unit Agreement for Non Employee Directors (Eagle Rock Energy Partners L P)

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Adjustment of Restricted Units. The number of Restricted Units granted to the Director Officer pursuant to this Agreement shall be adjusted to reflect distributions of the Partnership paid in unitsUnits, unit splits or other changes in the capital structure of the Partnership, all in accordance with the Plan. All provisions of this Agreement shall be applicable to such new or additional or different units or securities distributed or issued pursuant to the Plan to the same extent that such provisions are applicable to the units Units with respect to which they were distributed or issued.

Appears in 1 contract

Samples: Long Term Incentive Plan (Eagle Rock Energy Partners L P)

Adjustment of Restricted Units. The number of Restricted Units granted to the Director pursuant to this Agreement shall be adjusted to reflect distributions of the Partnership paid in units, unit splits or other changes in the capital structure of the Partnership, all in accordance with the Plan. All provisions of this Agreement shall be applicable to such new or additional or different units or securities distributed or issued pursuant to the Plan to the same extent that such provisions are applicable to the units Units with respect to which they were distributed or issued.

Appears in 1 contract

Samples: Restricted Unit Agreement for Non Employee Directors (Eagle Rock Energy Partners L P)

Adjustment of Restricted Units. The number of Restricted Units granted to the Director Participant pursuant to this Agreement shall be adjusted to reflect distributions of the Partnership paid in units, unit splits or other changes in the capital structure of the Partnership, all in accordance with the Plan. All provisions of this Agreement shall be applicable to such new or additional or different units or securities distributed or issued pursuant to the Plan to the same extent that such provisions are applicable to the units Common Units with respect to which they were distributed or issued.

Appears in 1 contract

Samples: Restricted Unit Award Agreement (OCI Resources LP)

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