{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "award-granted", "type": "clause", "offset": [9, 22]}, {"key": "article-xiii", "type": "definition", "offset": [29, 41]}, {"key": "the-plan", "type": "clause", "offset": [45, 53]}, {"key": "the-holder", "type": "clause", "offset": [69, 79]}, {"key": "to-receive", "type": "definition", "offset": [80, 90]}, {"key": "cash-payments", "type": "definition", "offset": [112, 125]}, {"key": "share-distributions", "type": "clause", "offset": [133, 152]}, {"key": "the-distributions", "type": "clause", "offset": [172, 189]}, {"key": "specified-number-of-shares", "type": "definition", "offset": [252, 278]}, {"key": "during-the-period", "type": "clause", "offset": [279, 296]}], "samples": [{"hash": "8Z3ojGgHBLj", "uri": "/contracts/8Z3ojGgHBLj#distribution-equivalent-right", "label": "Merger Agreement (BYTE Acquisition Corp.)", "score": 34.4839134216, "published": true}, {"hash": "1BAHTpHXDYn", "uri": "/contracts/1BAHTpHXDYn#distribution-equivalent-right", "label": "Business Combination Agreement (HH&L Acquisition Co.)", "score": 33.7830238342, "published": true}, {"hash": "39kmne6admb", "uri": "https://www.sec.gov/Archives/edgar/data/1622345/000149315226016671/ex10-19.htm", "label": "Equity Incentive Plan (Polar Power, Inc.)", "score": 25.2847366333, "published": false}], "snippet": "means an Award granted under Article XIII of the Plan which entitles the Holder to receive bookkeeping credits, cash payments and/or Share distributions equal in amount to the distributions that would have been made to the Holder had the Holder held a specified number of Shares during the period the Holder held the Distribution Equivalent Right.", "size": 150, "hash": "acbf6d5aded059491816484ac03294a3", "id": 1}, {"snippet_links": [{"key": "contingent-right", "type": "definition", "offset": [17, 33]}, {"key": "restricted-unit", "type": "clause", "offset": [98, 113]}, {"key": "unit-award", "type": "definition", "offset": [117, 127]}, {"key": "to-receive", "type": "definition", "offset": [130, 140]}, {"key": "with-respect-to", "type": "clause", "offset": [141, 156]}, {"key": "the-award", "type": "clause", "offset": [178, 187]}, {"key": "phantom-units", "type": "clause", "offset": [220, 233]}, {"key": "the-committee", "type": "clause", "offset": [252, 265]}, {"key": "sole-discretion", "type": "clause", "offset": [273, 288]}, {"key": "the-distributions", "type": "clause", "offset": [308, 325]}, {"key": "by-the-partnership", "type": "clause", "offset": [331, 349]}, {"key": "a-unit", "type": "clause", "offset": [366, 372]}, {"key": "during-the-period", "type": "clause", "offset": [373, 390]}], "samples": [{"hash": "f10T6QrsrxH", "uri": "http://pdf.secdatabase.com/3/0001412347-17-000024.pdf", "label": "pdf.secdatabase.com", "score": 19.7330684662, "published": false}, {"hash": "dwhGSC1JoAa", "uri": "https://ir.energytransfer.com/static-files/3f751eb5-b5ee-401d-b5a9-4d75817e6b73", "label": "ir.energytransfer.com", "score": 14.8739519119, "published": false}, {"hash": "baCVWWxKmhx", "uri": "https://www.sec.gov/Archives/edgar/data/1412347/000141234717000024/exh101wmlpltip.htm", "label": "Long Term Incentive Plan (Westmoreland Resource Partners, LP)", "score": 14.367556572, "published": false}], "snippet": "or \u201cDER\u201d means a contingent right, granted alone or in tandem with a specific Award (other than a Restricted Unit or Unit Award), to receive with respect to each Unit subject to the Award an amount in cash, Units and/or Phantom Units, as determined by the Committee in its sole discretion, equal in value to the distributions made by the Partnership with respect to a Unit during the period such Award is outstanding.", "size": 87, "hash": "496cdac60e833099bf27d335f8e27140", "id": 2}, {"snippet_links": [{"key": "of-rights", "type": "clause", "offset": [15, 24]}, {"key": "pursuant-to-section-9", "type": "clause", "offset": [25, 46]}], "samples": [{"hash": "lmK7DjvBMex", "uri": "https://www.sec.gov/Archives/edgar/data/1600626/000160062624000048/pkst_employeeanddirectorlo.htm", "label": "Incentive Plan (Peakstone Realty Trust)", "score": 21.2368240356, "published": false}, {"hash": "4TIAyR7WgKp", "uri": "https://www.sec.gov/Archives/edgar/data/1600626/000114036123017619/brhc10051198_ex10-2.htm", "label": "Incentive Plan (Peakstone Realty Trust)", "score": 20.2730998993, "published": false}, {"hash": "24qT7CQeytx", "uri": "https://www.sec.gov/Archives/edgar/data/1852575/000119312521176844/d151226dex104.htm", "label": "Incentive Plan (Strategic Storage Trust VI, Inc.)", "score": 18.4031486511, "published": false}], "snippet": "means an Award of rights pursuant to Section 9.", "size": 13, "hash": "067909900450ffba096fe112bac21109", "id": 3}, {"snippet_links": [{"key": "award-granted", "type": "clause", "offset": [9, 22]}, {"key": "article-xiii", "type": "definition", "offset": [29, 41]}, {"key": "the-plan", "type": "clause", "offset": [45, 53]}, {"key": "the-holder", "type": "clause", "offset": [69, 79]}, {"key": "to-receive", "type": "definition", "offset": [80, 90]}], "samples": [{"hash": "16dUUfjetem", "uri": "https://www.sec.gov/Archives/edgar/data/1885827/000095017024119254/vrax-ex99_3.htm", "label": "Equity Incentive Plan (Virax Biolabs Group LTD)", "score": 23.8309383392, "published": false}, {"hash": "90vATKeYDC1", "uri": "https://www.sec.gov/Archives/edgar/data/1885827/000095017023061115/vrax-ex99_3.htm", "label": "Equity Incentive Plan (Virax Biolabs Group LTD)", "score": 22.8507862091, "published": false}, {"hash": "88ZOBpEL53y", "uri": "https://www.sec.gov/Archives/edgar/data/1885827/000095017023027973/vrax-ex10_11.htm", "label": "Equity Incentive Plan (Virax Biolabs Group LTD)", "score": 22.4483222961, "published": false}], "snippet": "means an Award granted under Article XIII of the Plan which entitles the Holder to receive bookkeeping credits, cash", "size": 11, "hash": "8c593c8c3327116f93617d2132d36676", "id": 4}, {"snippet_links": [{"key": "right-to-receive", "type": "clause", "offset": [28, 44]}, {"key": "agreement-or", "type": "definition", "offset": [102, 114]}, {"key": "the-committee", "type": "clause", "offset": [132, 145]}, {"key": "restricted-units", "type": "clause", "offset": [154, 170]}, {"key": "phantom-units", "type": "clause", "offset": [178, 191]}, {"key": "the-distributions", "type": "clause", "offset": [210, 227]}, {"key": "by-the-partnership", "type": "clause", "offset": [233, 251]}, {"key": "with-respect-to", "type": "clause", "offset": [252, 267]}, {"key": "a-unit", "type": "clause", "offset": [268, 274]}, {"key": "during-the-period", "type": "clause", "offset": [275, 292]}], "samples": [{"hash": "7Ked3PZ63Mn", "uri": "/contracts/7Ked3PZ63Mn#distribution-equivalent-right", "label": "Retention Agreement (MPLX Lp)", "score": 27.1519508362, "published": true}, {"hash": "3APPe2gfsZX", "uri": "/contracts/3APPe2gfsZX#distribution-equivalent-right", "label": "Retention Agreement (Marathon Petroleum Corp)", "score": 27.1519508362, "published": true}, {"hash": "1dES7vD7XHC", "uri": "/contracts/1dES7vD7XHC#distribution-equivalent-right", "label": "Retention Agreement (MPLX Lp)", "score": 27.1519508362, "published": true}], "snippet": "or \u201cDER\u201d means a contingent right to receive an amount in cash at such times as set forth in an Award Agreement or as determined by the Committee, Units, Restricted Units and/or Phantom Units equal in value to the distributions made by the Partnership with respect to a Unit during the period such Award is outstanding.", "size": 8, "hash": "e8391de79b58a717283a0d9e0fdc5d97", "id": 5}, {"snippet_links": [{"key": "right-to-receive", "type": "clause", "offset": [28, 44]}, {"key": "restricted-units", "type": "clause", "offset": [71, 87]}, {"key": "phantom-units", "type": "clause", "offset": [95, 108]}, {"key": "the-distributions", "type": "clause", "offset": [127, 144]}, {"key": "by-the-partnership", "type": "clause", "offset": [150, 168]}, {"key": "with-respect-to", "type": "clause", "offset": [169, 184]}, {"key": "a-unit", "type": "clause", "offset": [185, 191]}, {"key": "during-the-period", "type": "clause", "offset": [192, 209]}], "samples": [{"hash": "gtXQMJS89uR", "uri": "https://www.lw.com/MLP-Portal/SiteAttachmentHandler.ashx?attachmentid=88bb4fbe-0b30-4661-a158-9717159abbab", "label": "Incentive Compensation Plan", "score": 12.3032169342, "published": false}, {"hash": "bAwZhljD4Ye", "uri": "https://www.sec.gov/Archives/edgar/data/1583103/000119312513481014/d647766dex105.htm", "label": "Valero Energy Partners Lp", "score": 6.9671459198, "published": false}, {"hash": "lruqAsuwbUO", "uri": "https://www.sec.gov/Archives/edgar/data/1583103/000158310313000013/exh103-formof2013incentive.htm", "label": "Valero Energy Partners Lp", "score": 6.8220396042, "published": false}], "snippet": "or \u201cDER\u201d means a contingent right to receive an amount in cash, Units, Restricted Units and/or Phantom Units equal in value to the distributions made by the Partnership with respect to a Unit during the period such Award is outstanding.", "size": 8, "hash": "e449ca4bb60d497dab4b3e8a35ad7b87", "id": 6}, {"snippet_links": [{"key": "right-to-receive", "type": "clause", "offset": [8, 24]}, {"key": "other-property", "type": "definition", "offset": [40, 54]}, {"key": "based-on", "type": "definition", "offset": [55, 63]}, {"key": "the-value", "type": "clause", "offset": [64, 73]}, {"key": "with-respect-to", "type": "clause", "offset": [105, 120]}], "samples": [{"hash": "lSCRjjolqp6", "uri": "https://materials.proxyvote.com/Approved/126633/20250408/NPS_605440.PDF", "label": "materials.proxyvote.com", "score": 20.270822525, "published": false}, {"hash": "j1icty1Sv32", "uri": "https://www.sec.gov/Archives/edgar/data/1425292/000095012311026119/y88230a2exv10w13.htm", "label": "Incentive Plan (CVR Partners, Lp)", "score": 10.2046546936, "published": false}, {"hash": "3KpUUCL3VK7", "uri": "https://investors.cvrpartners.com/static-files/211e4a0e-34a7-42dc-8f8f-d47af4d69df1", "label": "investors.cvrpartners.com", "score": 9.9637231827, "published": false}], "snippet": "means a right to receive cash, Units or other property based on the value of distributions that are paid with respect to Units.", "size": 4, "hash": "f1e1d9bb4362e31013f812b4f3631443", "id": 7}, {"snippet_links": [{"key": "contingent-right", "type": "definition", "offset": [17, 33]}, {"key": "restricted-unit", "type": "clause", "offset": [98, 113]}, {"key": "section-122", "type": "clause", "offset": [136, 148]}, {"key": "to-receive", "type": "definition", "offset": [150, 160]}, {"key": "with-respect-to", "type": "clause", "offset": [161, 176]}, {"key": "the-award", "type": "clause", "offset": [198, 207]}, {"key": "restricted-incentive-units", "type": "definition", "offset": [240, 266]}, {"key": "the-committee", "type": "clause", "offset": [285, 298]}, {"key": "sole-discretion", "type": "clause", "offset": [306, 321]}, {"key": "the-distributions", "type": "clause", "offset": [341, 358]}, {"key": "by-the-company", "type": "clause", "offset": [364, 378]}, {"key": "a-unit", "type": "clause", "offset": [395, 401]}, {"key": "during-the-period", "type": "clause", "offset": [402, 419]}], "samples": [{"hash": "2hk8pLj3zDG", "uri": "/contracts/2hk8pLj3zDG#distribution-equivalent-right", "label": "Long Term Incentive Plan (EnLink Midstream, LLC)", "score": 27.9965782166, "published": true}, {"hash": "a8XShiRoxlS", "uri": "/contracts/a8XShiRoxlS#distribution-equivalent-right", "label": "Long Term Incentive Plan (EnLink Midstream, LLC)", "score": 23.1779594421, "published": true}, {"hash": "l4sWgDDDWRt", "uri": "/contracts/l4sWgDDDWRt#distribution-equivalent-right", "label": "Long Term Incentive Plan (EnLink Midstream, LLC)", "score": 23.0903491974, "published": true}], "snippet": "or \u201cDER\u201d means a contingent right, granted alone or in tandem with a specific Award (other than a Restricted Unit, Option or UAR) under Section 12.2, to receive with respect to each Unit subject to the Award an amount in cash, Units and/or Restricted Incentive Units, as determined by the Committee in its sole discretion, equal in value to the distributions made by the Company with respect to a Unit during the period such Award is outstanding.", "size": 4, "hash": "3d9fab7657256bd778ef27c662b77a78", "id": 8}, {"snippet_links": [{"key": "pursuant-to-section-10", "type": "clause", "offset": [21, 43]}], "samples": [{"hash": "jYNLB3rNSEQ", "uri": "https://www.sec.gov/Archives/edgar/data/1043236/000095011698000708/5.txt", "label": "Eldertrust", "score": 2.0, "published": false}, {"hash": "dPl8TmLubyn", "uri": "https://www.sec.gov/Archives/edgar/data/1043236/000095011698000085/8.txt", "label": "Eldertrust", "score": 2.0, "published": false}, {"hash": "5I0HRHxSTCd", "uri": "https://www.sec.gov/Archives/edgar/data/1043236/000095011600000820/2.txt", "label": "Eldertrust", "score": 2.0, "published": false}], "snippet": "means Awards granted pursuant to Section 10.", "size": 3, "hash": "ded89ee5cf33919fdf2390a8894f6fa1", "id": 9}, {"snippet_links": [{"key": "contingent-right", "type": "definition", "offset": [17, 33]}, {"key": "to-receive", "type": "definition", "offset": [83, 93]}, {"key": "with-respect-to", "type": "clause", "offset": [94, 109]}, {"key": "subject-to", "type": "clause", "offset": [125, 135]}, {"key": "restricted-units", "type": "clause", "offset": [164, 180]}, {"key": "phantom-units", "type": "clause", "offset": [188, 201]}, {"key": "equal-to", "type": "definition", "offset": [202, 210]}, {"key": "cash-distributions", "type": "definition", "offset": [215, 233]}, {"key": "by-the-partnership", "type": "clause", "offset": [239, 257]}, {"key": "a-unit", "type": "clause", "offset": [274, 280]}, {"key": "during-the-period", "type": "clause", "offset": [281, 298]}], "samples": [{"hash": "ivhZdOglaYB", "uri": "https://www.sec.gov/Archives/edgar/data/1412347/000095012310066184/h74409exv10w3.htm", "label": "Oxford Resource Partners LP", "score": 6.5448322296, "published": false}, {"hash": "gBX9RbxmJIg", "uri": "https://www.sec.gov/Archives/edgar/data/1412347/000095012310056700/h69756a3exv10w12.htm", "label": "Oxford Resource Partners LP", "score": 6.43531847, "published": false}], "snippet": "or \u201cDER\u201d means a contingent right, granted in tandem with a specific Phantom Unit, to receive with respect to a Phantom Unit subject to an Award an amount in cash, Restricted Units and/or Phantom Units equal to the cash distributions made by the Partnership with respect to a Unit during the period such contingent right is outstanding.", "size": 2, "hash": "13603b2ea8c2a4a9052564d3a162fb74", "id": 10}], "next_curs": "CmoSZGoVc35sYXdpbnNpZGVyY29udHJhY3RzckYLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiImZGlzdHJpYnV0aW9uLWVxdWl2YWxlbnQtcmlnaHQjMDAwMDAwMGEMogECZW4YACAA", "definition": {"title": "Distribution Equivalent Right", "snippet": "means an Award granted under Article XIII of the Plan which entitles the Holder to receive bookkeeping credits, cash payments and/or Share distributions equal in amount to the distributions that would have been made to the Holder had the Holder held a specified number of Shares during the period the Holder held the Distribution Equivalent Right.", "size": 305, "id": "distribution-equivalent-right", "examples": ["The Partnership hereby grants to the Grantee, and the Grantee hereby accepts from the Partnership, one <strong>Distribution Equivalent Right</strong> for each Phantom Unit granted herein equal to the cash value of all distributions declared and paid by the Partnership on Units from the Grant Date to and including the Vesting Date.", "Each Performance Unit also includes a tandem <strong>Distribution Equivalent Right</strong> (\u201cDER\u201d).", "During the Restricted Period, the Award of Phantom Units hereunder shall be evidenced by entry in a bookkeeping account and shall include a tandem <strong>Distribution Equivalent Right</strong> with respect to the Phantom Units.", "<strong>Distribution Equivalent Right</strong> payments with respect to the Restricted Stock Units will be held by the Company and paid as and when (and only to the extent that) such Restricted Stock Units vest and the underlying shares of Common Stock are issued as set forth in the Restricted Stock Unit Award Agreement.", "Upon forfeiture of a Phantom Unit pursuant to this Agreement, the corresponding <strong>Distribution Equivalent Right</strong> shall also be forfeited.", "Pursuant to the <strong>Distribution Equivalent Right</strong>, cash distributions paid with respect to Phantom Units shall not be distributed when paid but shall be distributed to the Participant in cash upon vesting of the related Phantom Unit, subject to the same terms and conditions as such Phantom Unit.", "During the Restricted Period, the Award of Phantom Units hereunder shall be evidenced by entry in a bookkeeping account and may include a tandem <strong>Distribution Equivalent Right</strong> with respect to the Phantom Units.", "All the portions of the Wanapum Development Output covered by the option to City of Tacoma, City of Seattle and Public Utility District No. 1 of Kittitas County have been reallocated to the Purchasers listed in subsection (a) above, pursuant to the Power Sales Contract dated May 21, 1956.", "Each Phantom Unit granted hereunder is hereby granted in tandem with a corresponding <strong>Distribution Equivalent Right</strong> (a \u201cDER\u201d), which shall remain outstanding from the Grant Date until the earlier of the settlement, as described in Section 5 below, or forfeiture of the related Phantom Unit.", "An Award may be granted on more than one occasion to the same Employee, Director or Consultant, and, subject to the limitations set forth in the Plan, such Award may include, a Non-Qualified Stock Option, a Restricted Stock Award, an Unrestricted Stock Award, a <strong>Distribution Equivalent Right</strong> Award, a Performance Stock Award, a Performance Unit Award, a Stock Appreciation Right, a Tandem Stock Appreciation Right, any combination thereof or, solely for Employees, an Incentive Stock Option."], "related": [["dividend-equivalent-right", "Dividend Equivalent Right", "Dividend Equivalent Right"], ["dividend-equivalent-rights", "Dividend Equivalent Rights", "Dividend Equivalent Rights"], ["dividend-equivalent-unit", "Dividend Equivalent Unit", "Dividend Equivalent Unit"], ["dividend-equivalent", "Dividend Equivalent", "Dividend Equivalent"], ["stock-payment", "Stock Payment", "Stock Payment"]], "related_snippets": [], "updated": "2026-04-18T05:49:41+00:00"}, "json": true, "cursor": ""}}