Unit Awards. Awards of Units may be granted under the Plan (i) to such Employees, Officers and/or Directors and in such amounts as the Committee, in its discretion, may select, and (ii) subject to such other terms and conditions, including, without limitation, restrictions on transferability, as the Committee may establish with respect to such Awards.
Appears in 5 contracts
Sources: Retention Agreement (MPLX Lp), Retention Agreement (Marathon Petroleum Corp), Retention Agreement (MPLX Lp)
Unit Awards. Unit Awards of Units may be granted under the Plan (i) to such Employees, Officers Consultants and/or Directors and in such amounts as the Committee, in its discretion, may select, and (ii) subject to such other terms and conditions, including, without limitation, restrictions on transferability, as the Committee may establish with respect to such Awards.
Appears in 2 contracts
Sources: Long Term Incentive Plan (Energy Transfer LP), Long Term Incentive Plan (Energy Transfer Partners, L.P.)