Common use of Incentive Distribution Units Clause in Contracts

Incentive Distribution Units. (a) The General Partner hereby designates and creates and authorizes for issuance a class of Units to be designated as “Incentive Distribution Units,” consisting of a total of 1,000 Incentive Distribution Units, and fixes the preferences and the relative, participating, optional and other special rights, powers and duties pertaining to the Incentive Distribution Units as set forth herein.