Common use of Options Granted to Partnership Employees Clause in Contracts

Options Granted to Partnership Employees. If at any time or from time to time, in connection with any Stock Option Plan, a stock option granted over shares of Class A Common Stock to a Partnership Employee is duly exercised, solely for U.S. federal (and applicable state and local) income tax purposes, the following transactions shall be deemed to have occurred:

Appears in 6 contracts

Samples: Form of Joinder Agreement (Kinetik Holdings Inc.), Joinder Agreement, Agreement (Kayne Anderson Acquisition Corp)

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Options Granted to Partnership Employees. If at any time or from time to time, in connection with any Stock Option Plan, a stock option granted over for shares of Class A Common Stock to a Partnership Employee is duly exercised, solely for U.S. federal (and applicable state and local) income tax purposes, the following transactions shall be deemed to have occurred:

Appears in 2 contracts

Samples: Contribution Agreement (Penn Virginia Corp), Contribution Agreement (Penn Virginia Corp)

Options Granted to Partnership Employees. If at any time or from time to time, in connection with any Stock Option Plan, a stock option granted over shares of Class A Common Stock to a Partnership Employee is duly exercised, solely for U.S. federal (and applicable state and local) income tax purposespm-poses, the following transactions shall be deemed to have occurred:

Appears in 1 contract

Samples: Contribution Agreement (Sitio Royalties Corp.)

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Options Granted to Partnership Employees. If at any time or from time to time, in connection with any Stock Option Plan, a stock option granted over for shares of Class A Common Stock to a Partnership Employee is duly exercised, solely for U.S. federal (and applicable state and local) income tax purposes, the following transactions shall be deemed to have occurred:

Appears in 1 contract

Samples: Form of Joinder Agreement (Penn Virginia Corp)

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