Common use of GRANT NOTICE Clause in Contracts

GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: 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, [year], December 28, [year] and December 28, [year] (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.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (BreitBurn Energy Partners L.P.)

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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 [ ] , 2015 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, [year]2015, December 28, [year] 2016 and December 28, [year] 2017 (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.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (Breitburn Energy Partners LP)

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 [ ], 2015 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, [year]2015, December 28, [year] 2016 and December 28, [year] 2017 (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.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (Breitburn Energy Partners LP)

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 [ ] , 2016 Vesting of RPUs: One–third half 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 June 28, [year], December 28, [year] 2018 and December 28, [year] 2018 (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.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (Breitburn Energy Partners LP)

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: [_____] 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, [year______], December 28, [year] and December 28, [year] 1 (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.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (BreitBurn Energy Partners L.P.)

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 [ ], 2016 Vesting of RPUs: One–third half 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 28July 1, [year]2017 and January 1, December 28, [year] and December 28, [year] 2018 (each, a “Vesting Date”), subject to the Participant’s continued service as an Employee, a Director or Consultant through each such date. In addition, the RPUs shall be subject to accelerated vesting as set forth in Section 4 below.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (Breitburn Energy Partners LP)

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 [__], 2016 Vesting of RPUs: One–third half 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 June 28, [year], December 28, [year] 2018 and December 28, [year] 2018 (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.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (Breitburn Energy Partners LP)

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: [_____], 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, [year]2014, December 28, [year] 2015 and December 28, [year] (each, a “Vesting Date”)2016, 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.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (BreitBurn Energy Partners L.P.)

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: [_____] 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[January 1, [year]2009, December 28January 1, [year] 2010 and December 28January 1, [year] 2011]1 (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.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (BreitBurn Energy Partners L.P.)

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, [year]2014, December 28, [year] 2015 and December 28, [year] 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.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (BreitBurn Energy Partners L.P.)

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 [ ], 2015 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 28January 1, [year]2016, December 28January 1, [year] 2017 and December 28January 1, [year] 2018 (each, a “Vesting Date”), subject to the Participant’s continued service as an Employee, a Director or Consultant through each such date. In addition, the RPUs shall be subject to accelerated vesting as set forth in Section 4 below.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (Breitburn Energy Partners LP)

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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 28January 1, [year]2015, December 28January 1, [year] 2016 and December 28January 1, [year] 2017 (each, a “Vesting Date”), subject to the Participant’s continued service as an Employee, a Director or Consultant through each such date. In addition, the RPUs shall be subject to accelerated vesting as set forth in Section 4 below.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (BreitBurn Energy Partners L.P.)

GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Number of RPUs: [Number] Grant Date: [Date] 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 28January 1, [year], December 28January 1, [year] and December 28January 1, [year] (each, a “Vesting Date”), subject to the Participant’s continued service as an Employee, Director or Consultant aDirector through each such date. In addition, the RPUs shall be subject to accelerated vesting as set forth in Section 4 below.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (BreitBurn Energy Partners L.P.)

GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Number of RPUs: [Number] Grant Date: [Date] 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, [year]2011, December 28, [year] 2012 and December 28, [year] 2013 (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.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (BreitBurn Energy Partners L.P.)

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 26, 2016 Vesting of RPUs: One–third half 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 June 28, [year], December 28, [year] 2017 and December 28, [year] 2017 (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.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (Breitburn Energy Partners LP)

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: [_____], 2013 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, [year]2013, December 28, [year] 2014 and December 28, [year] (each, a “Vesting Date”)2015, 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.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (BreitBurn Energy Partners L.P.)

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 [ ] , 2016 Vesting of RPUs: One–third half 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 June 28, [year], December 28, [year] 2017 and December 28, [year] 2017 (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.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (Breitburn Energy Partners LP)

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 [ ], 2016 Vesting of RPUs: One–third half 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 28July 1, [year]2018 and January 1, December 28, [year] and December 28, [year] 2019 (each, a “Vesting Date”), subject to the Participant’s continued service as an Employee, a Director or Consultant through each such date. In addition, the RPUs shall be subject to accelerated vesting as set forth in Section 4 below.

Appears in 1 contract

Samples: Restricted Phantom Unit Agreement (Breitburn Energy Partners LP)

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