Status as a Partner. As of the Grant Date, the Employee shall be admitted as a partner of the Partnership with beneficial ownership of the number of LTIP Units issued to the Employee as of such date pursuant to this Restricted LTIP Unit Agreement by: (A) signing and delivering to the Partnership a copy of this Agreement; and (B) signing, as a Limited Partner, and delivering to the Partnership a counterpart signature page to the Partnership Agreement (attached hereto as Exhibit A).
Status as a Partner. As of the grant date set forth on Schedule A, the Grantee shall be admitted as a partner of the Partnership with beneficial ownership of the number of Award [2013] LTIP Units issued to the Grantee as of such date pursuant to Section 3(a) hereof by: (A) signing and delivering to the Partnership a copy of this Agreement; and (B) signing, as a Limited Partner, and delivering to the Partnership a counterpart signature page to the Partnership Agreement (attached hereto as Exhibit A). The Partnership records shall reflect the issuance to the Grantee of Award [2013]-2 LTIP Units pursuant to Section 3(b) hereof, if any, whereupon the Grantee shall have all the rights of a Limited Partner of the Partnership with respect to the total number of [2013] LTIP Units then held by the Grantee, as set forth in the Partnership Agreement, subject, however, to the restrictions and conditions specified herein and in the Partnership Agreement.
Status as a Partner. As of the Issuance Date, the Unit Holder shall be admitted as a partner of the Partnership with beneficial ownership of the number of Common Partnership Units issued to the Unit Holder as of such date pursuant to this Unit Issuance Agreement by: (A) signing and delivering to the Partnership a copy of this Agreement; and (B) signing, as a Limited Partner, and delivering to the Partnership a counterpart signature page to the Partnership Agreement (attached hereto as Exhibit A).
Status as a Partner. As of the Grant Date, the Grantee shall be admitted as a partner of the Partnership (unless previously admitted) with beneficial ownership of the number of LTIP Units issued to the Grantee as of such date pursuant to this Restricted LTIP Unit Agreement by: (A) signing and delivering to the Partnership a copy of this Agreement; and (B) signing, as a Limited Partner, and delivering to the Partnership a counterpart signature page to the Partnership Agreement (attached hereto as Exhibit A) if not previously done.
Status as a Partner. As of the grant date set forth on the first page of this Agreement, the Grantee shall be admitted as a partner of the Partnership with beneficial ownership of such number of Award OPP Units as the Committee elects to issue to the Grantee as of such date pursuant to Section 3 hereof by: (A) signing and delivering to the Partnership a copy of this Agreement; and (B) signing, as a Limited Partner, and delivering to the Partnership a counterpart signature page to the Partnership Agreement (attached hereto as Exhibit A). The Partnership Agreement shall be amended from time to time as applicable to reflect the issuance to the Grantee of Award OPP Units pursuant to Section 3 hereof, whereupon the Grantee shall have all the rights of a Limited Partner of the Partnership with respect to the number of OPP Units then held by the Grantee, as set forth in the Partnership Agreement, subject, however, to the restrictions and conditions specified herein and in the Partnership Agreement.
Status as a Partner. Unless the Employee is already a partner of the Partnership as of the Grant Date, the Employee shall be admitted as a partner of the Partnership as of the Grant Date with beneficial ownership of the Maximum Number of Appreciation-Only LTIP Units set forth on Schedule A issued to the Employee as of such date pursuant to this Award Agreement by: (A) signing and delivering to the Partnership a copy of this Award Agreement; and (B) signing, as a Limited Partner, and delivering to the Partnership a counterpart signature page to the Partnership Agreement (attached hereto as Exhibit A).
Status as a Partner. As of the Issuance Date, MJG and the Trust shall each be admitted as a partner of the Partnership with beneficial ownership of the number of Common Partnership Units issued to MJG and the Trust, respectively, as of such date pursuant to this Unit Issuance Agreement by: (A) signing and delivering to the Partnership a copy of this Agreement; and (B) signing, as a Limited Partner, and delivering to the Partnership a counterpart signature page to the Partnership Agreement (attached hereto as Exhibit A).
Status as a Partner. As of the Grant Date, the Grantee shall be admitted as a partner of the Partnership with beneficial ownership of the number of Formation Units issued to the Grantee as of such date pursuant to this Formation Unit Agreement by: (A) signing and delivering to the Partnership a copy of this Agreement; and (B) signing, as a Limited Partner, and delivering to the Partnership a counterpart signature page to the Partnership Agreement (attached hereto as Exhibit A).
Status as a Partner. As of the Grant Date, the Director shall be admitted as a limited partner of the Partnership with beneficial ownership of the number of LTIP Units issued to the Director as of such date pursuant to this Restricted LTIP Unit Agreement by: (A) signing and delivering to the Partnership a copy of this Agreement; and (B) signing, as a Limited Partner, and delivering to the Partnership a counterpart signature page to the Partnership Agreement (attached hereto as Exhibit A).
Status as a Partner. Employee acknowledges that for so long as Employee continues to hold equity interests in Company, Employee will be considered a partner of Company (rather than an employee) for income and employment taxation purposes and, subject to Section 3.7, will be solely responsible for all additional taxation and reporting obligations related to Employee being a partner of Company. In addition, by virtue of Employee’s status as a partner of Company, Employee may not be eligible to participate in certain benefit plans sponsored by Company and its Affiliates. Notwithstanding the foregoing, Employee will not be entitled to receive tax distributions pursuant to the Amended and Restated Limited Liability Agreement of Company, dated as of September 8, 2012 and as further amended from time to time, the “Company LLC Agreement”) with respect to amounts payable hereunder that constitute guaranteed payments for services including, without limitation, those payments and benefits described in Article III.
