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within 40 days after the Valuation Date.", "Upon any portion of the Participant&#x27;s <strong>Phantom Shares</strong> becoming vested, the Company shall redeem all, but not less than all, such vested <strong>Phantom Shares</strong> at a price for each <strong>Phantom Share</strong> equal to the &quot;Fair Market Value&quot; (as defined in Section 3(c) of the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Pacific Properties, Inc.", "The terms of the Option, to the extent not inconsistent with the provisions outlined in this Section, shall be made subject to the terms of the Parent Company&#x27;s <strong>Phantom Share</strong> Option Scheme.", "To the extent that the receipt of the <strong>Phantom Shares</strong> or the vesting of a <strong>Phantom Share</strong> results in compensation income to the Employee, the Employee shall deliver to the Company at the time of such receipt or vesting, as the case may be, such amount of money as the Company may require to meet its tax withholding 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