GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Number of Phantom Units: [ ] Phantom Units Grant Date: [ ], 2013 Vesting of Phantom Units: Phantom Units shall vest in equal installments on each of March 31, 2013, June 30, 2013, September 30, 2013 and December 31, 2013, subject 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 4(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: Number of Phantom Units: [ ] ____ Phantom Units Grant Date: [ ], 2013 ________ Vesting of Phantom Units: Phantom Units shall vest in equal installments incrementally with 60% of the Phantom Units vesting on each of March 31December 5, 201320__ and the remaining 40% on December 5, June 30, 2013, September 30, 2013 and December 31, 201320__, subject in each case to the Participant continuing in Service through such the applicable vesting date; provided that the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 4(b)4 below.
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: Number of Phantom Units: [ [________] Phantom Units Grant Date: [ [________], 2013 2011 Vesting of Phantom Units: 100% of the Phantom Units shall vest in equal installments on each the one-year anniversary of March 31, 2013, June 30, 2013, September 30, 2013 and December 31, 2013the date of grant (the “Grant Date”), subject to the Participant continuing in Service through such date; provided that 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 4(b)4 below.
Appears in 1 contract
GRANT NOTICE. Subject to the terms and conditions of this Agreement, the principal features of this Award are as follows: Number of Phantom Units: [ ] ______ Phantom Units Grant Date: [ ], 2013 __________ Vesting of Phantom Units: Phantom Units shall vest in equal installments incrementally with 60% of the Phantom Units vesting on each of March 31December 5, 201320___and the remaining 40% on December 5, June 30, 2013, September 30, 2013 and December 31, 201320___, subject in each case to the Participant continuing in Service through such the applicable vesting date; provided that the Phantom Units shall be subject to accelerated vesting in certain circumstances as set forth in Section 4(b)4 below.
Appears in 1 contract
Samples: Employee Phantom Unit Agreement (USA Compression Partners, LP)