Performance Unit Account. The Company shall establish and maintain a Performance Unit account, as a bookkeeping account on its records (the “Performance Unit Account”), for the Participant and shall record in such Performance Unit Account the number of Performance Units granted to the Participant pursuant to this Agreement. The Participant shall not have any interest in any fund or specific assets of the Employer by reason of this grant or the Performance Unit Account established for the Participant.
Appears in 4 contracts
Samples: Performance Unit Grant Agreement (Buckeye Partners, L.P.), Performance Unit Grant Agreement (Buckeye Partners, L.P.), Performance Unit Grant Agreement (Buckeye Partners, L.P.)
