DER Account. The unvested Units (whether Time Vested Units or Performance Vested Units) shall not be entitled to receive distributions made by the Partnership to holders of common units. However, the Company shall maintain a DER Account for each Participant to which shall be credited with the distributions which would have been paid to the unvested Units had such Units been outstanding from and after the date of grant set forth in Section 1.1 hereof. No interest shall accrue on the DER Account.
Appears in 6 contracts
Samples: Key Employee Unit Agreement (Stonemor Partners Lp), Key Employee Unit Agreement (Stonemor Partners Lp), Key Employee Unit Agreement (Stonemor Partners Lp)
