No Forfeiture Upon Conversion. Class P Shares received by a Class B Shareholder (or a Permitted Transferee of such Class B Shareholder) as a result of the conversion of such holder’s Class B Shares pursuant to the Charter shall fully vest automatically and cease to be subject to forfeiture.
Appears in 4 contracts
Samples: Shareholders Agreement (Kinder Morgan, Inc.), Shareholders Agreement (Kinder Morgan, Inc.), Shareholders Agreement (Kinder Morgan Holdco LLC)