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: Participant: [ ] Number of Phantom Units: [ ] Phantom Units Grant Date: [ ], 20[ ] Vesting of Phantom Units: [To be provided in individual agreements]; provided that the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 4.

Appears in 2 contracts

Samples: Long Term Incentive Plan (Hess Midstream Partners LP), Long Term Incentive Plan (Hess Midstream 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: Participant: [ ] Number of Phantom Units: [ ] ______ Phantom Units Grant Date: [ ], 20[ ] __________ Vesting of Phantom Units: [To be provided Phantom Units shall vest incrementally with 60% of the Phantom Units vesting on December 5, 2021 and the remaining 40% on December 5, 2023, subject in individual agreements]each case to the Participant continuing in Service through the applicable vesting date; provided that the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 44 below.

Appears in 2 contracts

Samples: Retention Phantom Unit Agreement (USA Compression Partners, LP), Retention Phantom Unit Agreement (USA Compression Partners, LP)

GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Participant: [ [___________] Number of Phantom Units: [ [____] Phantom Units Grant Date: [ [________], 20[ [__] Vesting of Phantom Units: [To be provided in individual agreements]; provided that the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 4.

Appears in 1 contract

Samples: Term Incentive Plan (USD Partners LP)

GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Participant: [ ] Number of Phantom Units: [ [________] Phantom Units Grant Date: [ [________], 20[ ] 2011 Vesting of Phantom Units: [To be provided in individual agreements]; provided that 100% of the Phantom Units shall vest on the one-year anniversary of the date of grant (the “Grant Date”), subject to the Participant’s continued service as an Employee, Director or Consultant. In addition, the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 44 below.

Appears in 1 contract

Samples: Unit Agreement (Tesoro Logistics Lp)

GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Participant: [ ] Number of Phantom Units: [ ] Phantom Units Grant Date: [ ], 20[ ] 2012 Vesting of Phantom Units: [To be provided in individual agreements[ ]; provided that the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 4.

Appears in 1 contract

Samples: Phantom Unit Agreement (Summit Midstream Partners, LP)

GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Participant: [ ] Number of Phantom Units: [ ] Phantom Units Grant Date: [ ], 20] Vesting Commencement Date: [ ] Vesting of Phantom Units: Subject to the Participant’s continued Service as an Employee, Director or Consultant, the Phantom Units shall vest [ ]. [To be provided in individual agreements]; provided that In addition, the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 44(b) below.]

Appears in 1 contract

Samples: Time Vesting Agreement (Emerge Energy Services LP)

GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Participant: [ ] Number of Phantom Units: [ ] Phantom Units Grant Date: [ ], 20[ ] 2023 Vesting of Phantom Units: [To be provided Phantom Units shall vest in individual agreements]three equal installments on each of the first three anniversaries of the pricing date of the Partnership’s initial public offering of its common units, subject in each case to the Participant continuing in Service through such date; provided that the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 44(b) and 4(c).

Appears in 1 contract

Samples: Phantom Unit Agreement (MorningStar 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: Participant: [ ] Number of Phantom Units: [ ] Phantom Units Grant Date: [ ], 20[ ] 2013 Vesting of Phantom Units: [To be provided Phantom Units shall vest upon the one year anniversary of the Grant Date, subject to the Participant continuing in individual agreements]Service through such date; provided that the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 44(b).

Appears in 1 contract

Samples: Phantom Unit Agreement (USA Compression Partners, LP)

GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Participant: [ ] Number of Phantom Units: [ ] Phantom Units Grant Date: [ ], 20[ ] 2013 Vesting of Phantom Units: [To be provided Phantom Units shall vest in individual agreements]three equal annual installments, with the first installment vesting upon the one year anniversary of the Grant Date, subject in each case to the Participant continuing in Service through the applicable vesting date; provided that the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 44(b).

Appears in 1 contract

Samples: Employee Phantom Unit Agreement (USA Compression Partners, LP)

GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Participant: [ ] Number of Phantom Units: [ ] Phantom Units Grant Date: [ ], 20[ ] Vesting of Phantom Units: [To be provided Phantom Units shall vest in individual agreements]three equal annual installments, with the first installment vesting on [ ] and the other two installments on the next two succeeding anniversaries thereof, subject in each case to the Participant continuing in Service through the applicable vesting date; provided that the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 44(b).

Appears in 1 contract

Samples: Employee Phantom Unit Agreement (USA Compression Partners, LP)

GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Participant: [ ] Number of Phantom Units: [ ] Phantom Units Grant Date: [ ], 20[ ] 2023 Vesting of Phantom Units: [To be provided Phantom Units shall vest in individual agreements]full on the first anniversary of the pricing date of the Partnership’s initial public offering of its common units, subject in each case to the Participant continuing in Service through such date; provided that the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 44(b) and 4(c).

Appears in 1 contract

Samples: Phantom Unit Agreement (MorningStar Partners, L.P.)

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