Award of Units Sample Clauses

Award of Units. Pursuant to the Halliburton Company Stock and Incentive Plan, as amended (the “Plan”), Employee is hereby awarded the aggregate number of units subject to award set forth above evidencing the right to receive an equivalent number of shares of Company common stock, par value USD 2.50 per share (“Stock”), subject to the terms and conditions of this Agreement and the Plan. The units granted pursuant to this Agreement that are referred to as the “Restricted Stock Units”.

Award of Units. The Company hereby grants to you, effective as of the Award Date, the opportunity to earn up to the number of Performance Share Units (the “Units”) set forth above under “Maximum Number of Units Subject to the Award,” upon the terms and conditions set forth in the Plan and this Agreement (as described herein, the “Award”). Each Unit represents the right to receive one of the Company’s common shares, upon the terms and subject to the conditions set forth in this Agreement and the Plan. Capitalized terms not otherwise defined herein shall have the meaning set forth in the Plan.

Award of Units. The Company hereby awards you the number of restricted stock units (“Units”) set forth below, with respect to its common stock, par value $0.01 per share (the “Stock”), subject to the terms and conditions of the Raytheon 2010 Stock Plan (the “Plan”) and the vesting and other provisions of this Agreement. Subject to the provisions hereof, each Unit represents the right to receive one share of Stock (a “Share”) plus additional cash payments in lieu of dividends as described in Section 6 below. Total Number of Restricted Units (the “Award”): 79,287 Vesting Date/ # Units Vesting Schedule: (Each period from the Award Date until the Vesting Date is a “Restriction Period”.) • July 25, 2015: 26,429 • July 25, 2016: 26,429 • July 25, 2017: 26,429

Award of Units. The Corporation hereby confirms the grant to the Participant on [insert date] (the “Date of Award”) of 6,000 Units (“Units”) pursuant to Section 4.1(b), subject to the terms and conditions of the Xxxxxxxxx World Industries, Inc. 2008 Directors Stock Unit Plan (the “Plan”) and this Unit Agreement (this “Agreement”). Each Unit is issued in accordance with and is subject to all of the terms, conditions and provisions of the Plan, which is incorporated by reference and made a part of this Agreement as though set forth in full herein. The Participant acknowledges that he has received a copy of and is familiar with the terms of the Plan. Capitalized terms used in this Agreement and not otherwise defined herein shall have the respective meanings provided in the Plan unless the context requires otherwise.

Award of Units. As of the Effective Date, the Company hereby grants to Employee common units of Penn Virginia Resource Partners, L.P. (“Units”) pursuant to the Penn Virginia Resource GP, LLC Third Amended and Restated Long-Term Incentive Plan, as amended and restated effective January 1, 2008 (the “Plan”). Employee agrees that this award of Units shall be subject to all of the terms and conditions set forth herein and in the Plan, including any future amendments thereto, which Plan is incorporated herein by reference as a part of this Agreement. In the event of any conflict between the terms of this Agreement and the Plan, the terms of the Plan shall govern. All terms capitalized but not defined herein will have the meanings assigned to them in the Plan.

Award of Units. Pursuant to the Plan, the Company, on , 20 (the “Date of Award”), awarded to the Participant Restricted Stock Units, each Restricted Stock Unit corresponding to one share of the Company’s $0.01 par value Common Stock (this “Award”). Subject to the terms and conditions of the Plan, each Restricted Stock Unit represents an unsecured promise of the Company to deliver, and the right of the Participant to receive, one share of the $0.01 par value common stock of the Company (the “Common Stock”) at the time and on the terms and conditions set forth herein. As a holder of Restricted Stock Units, the Participant has only the rights of a general unsecured creditor of the Company.

Award of Units. (a) On the terms and subject to the conditions set forth herein, the Company hereby grants to the Grantee [NUMBER] Class B Units in the Company (the “Restricted Units”). The rights, privileges, limitations and obligations of the Restricted Units are set forth in the Second Amended and Restated Limited Liability Company Agreement of the Company, dated February [20], 2019, as amended from time to time (the “LLC Agreement”), and are subject to the further terms and conditions set forth in the Amended and Restated QL Holdings LLC Class B Restricted Unit Plan (the “Plan”) and in this Award. In the event of any conflict between the LLC Agreement and this Award, the terms of the LLC Agreement shall govern and prevail; provided, however, that in the event of a conflict between Section 9.06 or 9.07 of the LLC Agreement and this Award, the terms of this Award shall govern and prevail. In the event of any conflict between the Plan and this Award, the terms of the Plan shall govern and prevail. Further, in the event of any conflict between the Employment Agreement and this Award with respect to the Restricted Units, the terms of this Award shall govern and prevail (including, for the avoidance of doubt, the vesting and repurchase provisions set forth in Section 3 hereof). (b) The Grantee hereby acknowledges and agrees that the Restricted Units are intended to qualify and shall be treated solely as “profits interests” in the Company (as such term is used in Revenue Procedure 93-27 and Revenue Procedure 2001-43) and therefore have a liquidation value of zero as of the date hereof. The Grantee further acknowledges and agrees that the Grantee shall be entitled to participate in the distribution of proceeds by or in respect of the Company only to the extent that an amount equal to the Participation Threshold with respect to such Restricted Units has previously been distributed to the holders of the Company’s Units in accordance with Sections 5.01(b) and 17.02 of the LLC Agreement. As set forth in the LLC Agreement, the “Participation Threshold” of the Restricted Units as of any date of determination equals the sum of (x) [ Dollars ($ )] and (y) a return equal to [●]% per annum, compounding annually, on the amount described in the immediately preceding clause (x), for the period commencing on the date of issuance of such Restricted Units and ending on (and including) such date of determination (the “Annual Compounding”). (c) By executing this Award in the space provided on ...

Award of Units. As of the Effective Date, the Company hereby grants to Employee «Units» common units of Penn Virginia GP Holdings, L.P. (“Units”) pursuant to the PVG GP, LLC Amended and Restated Long-Term Incentive Plan, as amended and restated effective January 1, 2008 (the “Plan”). Employee agrees that this award of Units shall be subject to all of the terms and conditions set forth herein and in the Plan, including any future amendments thereto, which Plan is incorporated herein by reference as a part of this Agreement. In the event of any conflict between the terms of this Agreement and the Plan, the terms of the Plan shall govern. All terms capitalized but not defined herein will have the meanings assigned to them in the Plan.

Award of Units. The Company hereby grants to Recipient a total of 87,010 Class B Units (the “Restricted Units”), subject to the terms and conditions detailed below, and the provisions of the Plan and of the LLC Agreement.

Award of Units. The Company hereby grants to you an award of stock units with respect to its common stock, par value $0.01 per share (the “Stock”), pursuant to the Raytheon 2010 Stock Plan (as amended from time to time, the “Plan”), subject to the terms and conditions set forth in this Agreement. Performance Cycle Calendar years through