Common use of Directed Units Clause in Contracts

Directed Units. In connection with the Directed Unit Program, at the request of the Representatives, the Partnership will direct the transfer agent to place stop transfer restrictions upon such securities held by officers and directors of the General Partner for such period of time as is consistent with Section 3(j) to ensure that the Directed Units will be restricted from sale, transfer, assignment, pledge or hypothecation to the same extent as sales and dispositions of Common Units by the Partnership are restricted pursuant to Section 3(j). The Representatives will notify the Partnership as to which Directed Unit Participants will need to be so restricted.