GRANT NOTICE. “Grant Notice” shall mean the Grant Notice referred to in Section 1.1 of this Agreement, which Grant Notice is for all purposes a part of the Agreement.
GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Number of RPUs: ### Grant Date: January [ ], 2014 Vesting of RPUs: One–third of the RPUs (rounded down to the next whole number of units, except in the case of the final vesting date) shall vest on each of December 28, 2014, December 28, 2015 and December 28, 2016 (each, a “Vesting Date”), subject to the Participant’s continued service as an Employee, Director or Consultant through each such date. In addition, the RPUs shall be subject to accelerated vesting as set forth in Section 4 below.
GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Number of Phantom Units: ______ Phantom Units Grant Date: __________ Vesting of Phantom Units: Phantom Units shall vest incrementally with 60% of the Phantom Units vesting on December 5, 2021 and the remaining 40% on December 5, 2023, subject in each case to the Participant continuing in Service through the applicable vesting date; provided that the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 4 below.
GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows:
GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Participant: [ ] Number of Phantom Units: [ ] Phantom Units Grant Date: [ ], 20[ ] Vesting of Phantom Units: [Vesting terms and any accelerated vesting provisions to be provided in individual agreements] Forfeiture of Phantom Units: In the event of a termination of the Participant’s Service for any reason, all Phantom Units that have not vested prior to or in connection with such termination of Service shall thereupon automatically be forfeited by the Participant without further action and for no consideration. Payment of Phantom Units: Vested Phantom Units shall be paid to the Participant in the form of Units as set forth in and subject to Section 5 below.
GRANT NOTICE. All notices shall be deemed effective upon personal delivery or upon deposit in the U.S. mail, postage prepaid and properly addressed to the party to be notified.
GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Number of Common Units: [ ] Common Units Grant Date: [ ] Vesting of Common Units: All Common Units subject to the Award are fully vested as of the Grant Date.
GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Number of Phantom Units: [___________] Phantom Units Grant Date: December ___, 2015 Vesting of Phantom Units: One-third of the Phantom Units (rounded down to the nearest whole number of units, except in the case of the final vesting date) shall vest on each of the first, second and third anniversaries of the Grant Date, subject to the Participant’s continued Service as an Employee through the applicable vesting date. In addition, the Phantom Units shall be subject to accelerated vesting as set forth in Section 4 below.
GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Number of Phantom Units: [ ] Phantom Units Grant Date: [ ], 2013 Vesting of Phantom Units: [Insert time-based vesting schedule]. Forfeiture of Phantom Units: In the event of a cessation of the Participant’s Service for any reason, all Phantom Units that have not vested prior to or in connection with such cessation of Service shall, subject to Section 4(b) below, thereupon automatically be forfeited by the Participant without further action and for no consideration. Payment of Phantom Units: Vested Phantom Units shall be paid to the Participant in the form of Units as set forth in Section 5 below. DERs: Each Phantom Unit granted under this Agreement shall be issued in tandem with a corresponding dividend equivalent right, or DER, which shall entitle the Participant to receive payments in an amount equal to Partnership distributions in accordance with Section 3 below.
GRANT NOTICE. The term “Grant Notice” means the document attached as Exhibit A to this Agreement.
