Common use of Payment of Earned DERs Clause in Contracts

Payment of Earned DERs. The Participant will be entitled to receive from the Company at the end of the Restricted Period, payment of an amount in cash equal to the DERs earned. Payment of all DERs shall be made within two and one-half (2- 1/2) months following the calendar year in which such DERs become nonforfeitable. Applicable federal, state and local taxes shall be withheld in accordance with Section 2.6 hereof.

Appears in 1 contract

Samples: Restricted Unit Agreement (Sunoco Logistics Partners L.P.)

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Payment of Earned DERs. The Participant will be entitled to receive from the Company at the end of the Restricted Period, payment of an amount in cash equal to the DERs earned, determined in accordance with applicable provisions of the Plan. Payment of all DERs shall be made within two and one-half (2- 2 1/2) months following the calendar year in which such DERs become nonforfeitable. Applicable federal, state and local taxes shall be withheld in accordance with Section 2.6 hereofnon-forfeitable.

Appears in 1 contract

Samples: Vested Restricted Unit Agreement (Sunoco Logistics Partners L.P.)

Payment of Earned DERs. The Participant will be entitled to receive from the Company at the end of the Restricted Period, payment of an amount in cash equal to the DERs earned. Payment of all DERs shall be made within two and one-half (2- 1/2) months following the calendar year in which such DERs become nonforfeitable. .] Applicable federal, state and local taxes shall be withheld in accordance with Section 2.6 hereof.

Appears in 1 contract

Samples: Restricted Unit Agreement (Sunoco Logistics Partners Lp)

Payment of Earned DERs. The Participant will be entitled to receive from the Company at the end of the Restricted Period, payment of an amount in cash equal to the DERs earned, as determined in accordance with the applicable provisions of Exhibit . Payment of all DERs shall be made within no later than two and one-half (2- 2-1/2) months following the calendar year in which such DERs become nonforfeitable. Applicable federal, state and local taxes shall be withheld in accordance with Section 2.6 hereof.

Appears in 1 contract

Samples: Restricted Unit Agreement (Sunoco Logistics Partners Lp)

Payment of Earned DERs. The Participant will be entitled to receive from the Company at the end of the Restricted Period, payment of an amount in cash equal to the DERs earned, as determined in accordance with the applicable provisions of Exhibit [2010-I]. Payment of all DERs shall be made within two and one-half (2- 1/2) months following the calendar year in which such DERs become nonforfeitable. Applicable federal, state and local taxes shall be withheld in accordance with Section 2.6 hereof.

Appears in 1 contract

Samples: Restricted Unit Agreement (Sunoco Logistics Partners L.P.)

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Payment of Earned DERs. The Participant will be entitled to receive from the Company at the end of the Restricted Period, payment of an amount in cash equal to the DERs earned. , as determined in accordance with the applicable provisions of Exhibit 2006-I. Payment of all DERs shall be made within two and one-half (2- 1/2) months following the calendar year in which such DERs become nonforfeitable. Applicable federal, state and local taxes shall be withheld in accordance with Section 2.6 hereof.

Appears in 1 contract

Samples: Restricted Unit Agreement (Sunoco Logistics Partners Lp)

Payment of Earned DERs. The Participant will be entitled to receive from the Company at the end of the Restricted Period, payment of an amount in cash equal to the DERs earned. Payment of all DERs shall be made within no later than two and one-half (2- 2-1/2) months following the calendar year in which such DERs become nonforfeitable. Applicable federal, state and local taxes shall be withheld in accordance with Section 2.6 hereof.

Appears in 1 contract

Samples: Restricted Unit Agreement (Sunoco Logistics Partners Lp)

Payment of Earned DERs. The Participant will be entitled to receive from the Company at the end of the Restricted Period, payment of an amount in cash equal to the DERs earned. , determined in accordance with the applicable provisions of Exhibit 2011-I. Payment of all DERs shall be made within two and one-half (2- 2 1/2) months following the calendar year in which such DERs become nonforfeitable. Applicable federal, state and local taxes shall be withheld in accordance with Section 2.6 hereofnon-forfeitable.

Appears in 1 contract

Samples: Restricted Unit Agreement (Sunoco Logistics Partners L.P.)

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