Outperformance Award. a. The Grantee is hereby granted an Award, consisting of the number of LTIP Units set forth on Schedule A hereto (the “Award LTIP Units”), which will be subject to (i) forfeiture to the extent provided in this Section 3 and (ii) vesting as provided in Section 3(c) and Section 4 hereof.
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Samples: Award Agreement (American Realty Capital Trust, Inc.), Award Agreement (American Realty Capital Trust, Inc.), Award Agreement (American Realty Capital Trust, Inc.)
Outperformance Award. a. (a) The Grantee is hereby granted an Award, Award consisting of the number of LTIP Units set forth on Schedule A hereto above (the “Award LTIP Units”), which (i) will be subject to (i) forfeiture or increase to the extent provided in this Section 3 as set forth below and (ii) will be subject to vesting as provided in Section 3(c) and Section 4 hereof.
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