Common use of Grant of Phantom Units Clause in Contracts

Grant of Phantom Units. The General Partner hereby grants to you, effective as of the Date of Grant, the right (the “Award”) to receive an aggregate of Units (the “Phantom Units”) on the terms and conditions set forth herein and in the Plan, which Plan is incorporated herein by reference as part of this Agreement. Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings given to such terms in the Plan, unless the context requires otherwise.

Grant of Phantom Units. The General Partner hereby grants to you, effective as of the Date of Grant, the right (the “Award”) to receive an aggregate of _______ Units (the “Phantom Units”) on the terms and conditions set forth herein and in the Plan, which Plan is incorporated herein by reference as part of this Agreement. Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings given to such terms in the Plan, unless the context requires otherwise.

Grant of Phantom Units. The General Partner hereby grants to you, effective as of the Date of Grant, the right (the “Award”) to receive an aggregate of ______ Units (the “Phantom Units”) on the terms and conditions set forth herein and in the Plan, which Plan is incorporated herein by reference as part of this Agreement. Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings given to such terms in the Plan, unless the context requires otherwise.

Grant of Phantom Units. The General Partner hereby grants to you, effective as of the Date of Grant, the right (the “Award”) to receive an aggregate of _____ Units (the “Phantom Units”) on the terms and conditions set forth herein and in the Plan, which Plan is incorporated herein by reference as part of this Agreement. Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings given to such terms in the Plan, unless the context requires otherwise.

Grant of Phantom Units. The General Partner hereby grants to you, effective as of the Date of Grant, Phantom Units, whereby each Phantom Unit represents the right (the “Award”) to receive an aggregate one Unit of Units the Partnership (the each, a “Phantom UnitsUnit”) on ), subject to all of the terms and conditions set forth herein herein, including without limitation, those restrictions described in Section 4, and in the Plan, which Plan is incorporated herein hereby by reference as part of this Agreement. Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings given to such terms in the Plan, unless the context requires otherwise.

Grant of Phantom Units. The General Partner hereby grants to you, effective as of the Date of Grant, [ ] Phantom Units, whereby each Phantom Unit represents the right (the “Award”) to receive an aggregate one Unit of Units the Partnership (the each, a “Phantom UnitsUnit”) on ), subject to all of the terms and conditions set forth herein herein, including without limitation, those restrictions described in Section 4, and in the Plan, which Plan is incorporated herein hereby by reference as part of this Agreement. Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings given to such terms in the Plan, unless the context requires otherwise.