Common use of Payment of Performance Units Clause in Contracts

Payment of Performance Units. The number of Common Units payable at the end of the Performance Period (or such earlier time as specified under Section 4(b)) shall be payable as soon as reasonably practicable following the close of the Performance Period, but in no event later than two and one-half months after the end of the calendar year in which the Performance Period closes (or such earlier time as specified under Section 4(b)), in the amount determined in accordance with Section 3, as adjusted by Section 4, if applicable. Such payment will be subject to withholding for taxes and other applicable payroll adjustments. The Committee’s determination of the amount payable shall be binding upon the Employee and his beneficiary or estate.

Payment of Performance Units. The number of Common Units payable at the end of the Performance Period (or such earlier time as specified under Section 4(b3(b)) shall be payable as soon as reasonably practicable following the close of the Performance Period, but in no event later than two and one-half months after the end of the calendar year in which the Performance Period closes (or such earlier time as specified under Section 4(b3(b)), in the amount determined in accordance with Section 32, as adjusted by Section 43, if applicable. Such payment will be subject to withholding for taxes and other applicable payroll adjustments. The Committee’s determination of the amount payable shall be binding upon the Employee and his beneficiary or estate.

Payment of Performance Units. The number of shares of Common Units Stock payable at the end of the Performance Period after ___, ___(or such earlier time as specified under Section 4(b3(b)) shall be payable paid as soon as reasonably practicable following the close of the Performance Periodafter ___, ___, but in no event later than two and one-half months after the end of the calendar year in which the Performance Period closes (or such earlier time as specified under Section 4(b3(b)), in the amount determined in accordance with Section 32, as adjusted by Section 43, if applicable. Such payment will be subject to withholding for taxes and other applicable payroll adjustments. The Committee’s determination of the amount payable shall be binding upon the Employee and his beneficiary or estate.