Common use of Timing and Form of Distribution Clause in Contracts

Timing and Form of Distribution. The distribution date (the “Distribution Date”) for Units that become vested pursuant to this award will be made in a lump sum on the date that such Units vest. The Company shall distribute vested Units in Ordinary Shares (on a one-to-one basis) on or as soon as practicable after the Distribution Date with respect to such vested Units. The Participant will only receive distributions in respect of his/her vested Units and has no right to distribution of an Ordinary Share with respect to unvested Units unless and until such Units vest. Once an Ordinary Share with respect to a vested Unit has been distributed pursuant to this award, the Participant has no further rights with respect to that Unit.

Timing and Form of Distribution. The distribution date (the “Distribution Date”) for Units that become vested pursuant to this award will be made in a lump sum on the date that such Units vest. The Company shall distribute Distribution of vested Units will be made by the Company in Ordinary Common Shares (on a one-to-one basis) on or as soon as practicable after the Distribution Date with respect to such vested Units. The Participant will only receive distributions in respect of his/her vested Units and has will have no right to distribution of an Ordinary a Common Share with respect to unvested Units unless and until such Units vest. Once an Ordinary a Common Share with respect to a vested Unit has been distributed pursuant to this award, the Participant has will have no further rights with respect to that Unit.