Common use of Vesting of LTIP Units Clause in Contracts

Vesting of LTIP Units. The restrictions and conditions in Section 2 of this Agreement shall lapse with respect to the number of LTIP Units specified below on the Vesting Dates specified below, so long as the Grantee remains an employee of the Company or an Affiliate (as defined in the Plan) from the Closing Date until such Vesting Date or Dates. Number of LTIP Units Vested Vesting Dates 9,470 January 11, 2011 9,470 January 11, 2012 9,470 January 11, 2013 9,470 January 11, 2014 9,469 January 11, 2015 Subsequent to such Vesting Date or Dates, the LTIP Units on which all restrictions and conditions have lapsed shall no longer be deemed restricted.

Vesting of LTIP Units. The restrictions and conditions in Section 2 of this Agreement shall lapse with respect to the number of LTIP Units specified below on the Vesting Dates specified below, so long as the Grantee Management Agreement remains an employee of the Company or an Affiliate (as defined in the Plan) effective from the Closing Grant Date until such Vesting Date or Dates. Number of LTIP Units Vested Vesting Dates 9,470 January 11, 2011 9,470 January 11, 2012 9,470 January 11, 2013 9,470 January 11, 2014 9,469 January 1159,854 April 30, 2015 59,854 April 30, 2016 59,854 April 30, 2017 Subsequent to such Vesting Date or Dates, the LTIP Units on which all restrictions and conditions have lapsed shall no longer be deemed restricted.

Vesting of LTIP Units. The restrictions and conditions in Section 2 of this Agreement shall lapse with respect to the number of LTIP Units specified below on the Vesting Dates specified below, so long as the Grantee remains an employee of the Company or an Affiliate (as defined in the Plan) from the Closing Date until such Vesting Date or Dates. Number of LTIP Units Vested Vesting Dates 9,470 January 11144,607 December 14, 2010 144,607 December 14, 2011 9,470 January 11144,607 December 14, 2012 9,470 January 11144,607 December 14, 2013 9,470 January 11144,607 December 14, 2014 9,469 January 11, 2015 Subsequent to such Vesting Date or Dates, the LTIP Units on which all restrictions and conditions have lapsed shall no longer be deemed restricted.

Vesting of LTIP Units. The restrictions and conditions in Section 2 of this Agreement shall lapse with respect to the number of LTIP Units specified below on the Vesting Dates specified below, so long as the Grantee remains an employee of the Company or an Affiliate (as defined in the Plan) from the Closing Date until such Vesting Date or Dates. Number of LTIP Units Vested Vesting Dates 9,470 January 1126,452 December 14, 2010 26,452 December 14, 2011 9,470 January 1126,452 December 14, 2012 9,470 January 1126,452 December 14, 2013 9,470 January 1126,452 December 14, 2014 9,469 January 11, 2015 Subsequent to such Vesting Date or Dates, the LTIP Units on which all restrictions and conditions have lapsed shall no longer be deemed restricted.