Copano Operations Ceases to be an Affiliate. If (i) Copano Operations ceases to be an Affiliate, (ii) you are an employee of Copano Operations on that date, and (iii) your employment is not transferred to the Company or an Affiliate, the Phantom Units then held by you automatically will become fully vested on the Designated Vesting Date (as defined below) that coincides with or immediately follows the date Copano Operations ceases to be an Affiliate.
Appears in 2 contracts
Samples: Phantom Unit Award Agreement (Copano Energy, L.L.C.), Phantom Unit Grant Agreement (Copano Energy, L.L.C.)
Copano Operations Ceases to be an Affiliate. If (i) Copano Operations ceases to be an Affiliate, (ii) you are an employee of Copano Operations on that date, and (iii) your employment is not transferred to the Company or an Affiliate, the Phantom Restricted Units then held by you automatically will become fully vested on the Designated Vesting Date (as defined below) that coincides with or immediately follows the date Copano Operations ceases to be an Affiliate.
Appears in 2 contracts
Samples: Grant of Restricted Units (Copano Energy, L.L.C.), Grant of Restricted Units (Copano Energy, L.L.C.)
Copano Operations Ceases to be an Affiliate. If (i) Copano Operations ceases to be an Affiliate, (ii) you are an employee of Copano Operations on that datethe date of such cessation, and (iii) your employment is not transferred to the Company or an Affiliate, the Phantom Units then held by you automatically will become fully vested on the Designated Vesting Date (as defined below) that coincides with or immediately follows the date Copano Operations ceases to be an Affiliateof such date.
Appears in 1 contract
Samples: Phantom Unit Grant Agreement (Copano Energy, L.L.C.)
Copano Operations Ceases to be an Affiliate. If (i) Copano Operations ceases to be an Affiliate, (ii) you are an employee of Copano Operations on that date, and (iii) your employment is not transferred to the Company or an Affiliate, the Phantom Restricted Units then held by you automatically will become fully vested on the Designated Vesting Date (as defined below) that coincides with or immediately follows the date Copano Operations ceases to be an Affiliate.
Appears in 1 contract
