Authorization and Issuance of Partnership Securities. (a) On or prior to each date of the grant and issuance of Subject Units (each such date a “Settlement Date”) to the Employee pursuant to this Agreement, the Partnership shall duly authorize the issuance and delivery of such Subject Units.
Appears in 4 contracts
Samples: Employee Unitholder Agreement (Oxford Resource Partners LP), Employee Unitholder Agreement (Oxford Resource Partners LP), Employee Unitholder Agreement (Oxford Resource Partners LP)
Authorization and Issuance of Partnership Securities. (a) On or prior to each date of the grant and issuance of the Subject Units (each such date a “Settlement Date”) to the Employee Director pursuant to this Agreement, the Partnership shall duly authorize the issuance and delivery of such Subject Units.
Appears in 1 contract
Samples: Director Unitholder Agreement (Oxford Resource Partners LP)