Grant of a Notional Unit Award. Pursuant to, and subject to, the terms and conditions set forth herein, the Company hereby grants to the Participant an award (the “Award”) of Notional Units (“Notional Units”) with a current notional value of $150,000 based on the value of membership unit(s) of TJ Chemical. Each Notional Unit will be the equivalent of one notional membership unit of TJ Chemical.
Appears in 3 contracts
Samples: Notional Unit Award Grant Agreement (Elastomers Holdings LLC), Notional Unit Award Grant Agreement (Kraton Polymers LLC), Notional Unit Award Grant Agreement (Kraton Polymers LLC)
Grant of a Notional Unit Award. Pursuant to, and subject to, the terms and conditions set forth herein, the Company hereby grants to the Participant an award (the “Award”) of Notional Units (“Notional Units”) with a current notional value of $150,000 300,000 based on the value of membership unit(s) of TJ Chemical. Each Notional Unit will be the equivalent of one notional membership unit of TJ Chemical.
Appears in 1 contract
Samples: Notional Unit Award Grant Agreement (KRATON Polymers U.S. LLC)
Grant of a Notional Unit Award. Pursuant to, and subject to, the terms and conditions set forth herein, the Company hereby grants to the Participant an award (the “Award”) of Notional Units (“Notional Units”) with a current notional value of $150,000 875,000 based on the value of membership unit(s) of TJ Chemical. Each Notional Unit will be the equivalent of one notional membership unit of TJ Chemical.
Appears in 1 contract
Samples: Notional Unit Award Grant Agreement (Kraton Polymers LLC)
