Phantom Units. Unpaid, vested Phantom Units shall be paid to the Participant in the form of Units in a lump-sum as soon as reasonably practical, but not later than forty-five (45) days, following the date on which such Phantom Units vest. Payments of any Phantom Units that vest in accordance herewith shall be made to the Participant (or in the event of the Participant’s death, to the Participant’s estate) in whole Units in accordance with this Section 5 and Section 8(l) of the Plan.
Appears in 2 contracts
Samples: Phantom Unit Agreement (Emerge Energy Services LP), Phantom Unit Agreement (Emerge Energy Services LP)
Phantom Units. Unpaid, vested Phantom Units shall be paid to the Participant in the form of Units in a lump-sum as soon as reasonably practical, but not later than forty-five (45) days, following the date on which such Phantom Units vest. Payments of any Phantom Units that vest in accordance herewith shall be made to the Participant (or in the event of the Participant’s death, to the Participant’s estate) in whole the form of Units in a lump-sum in accordance with this Section 5 and Section 8(lwithin sixty (60) of days following the Plandate on which such Phantom Units vest.
Appears in 2 contracts
Samples: Phantom Unit Agreement (Mach Natural Resources Lp), Phantom Unit Agreement (Mach Natural Resources Lp)
Phantom Units. Unpaid, vested Phantom Units shall be paid to the Participant in the form of Units in a lump-lump sum as soon as reasonably practical, but not later than forty-five (45) days, following the date on which such Phantom Units vest. Payments of any Phantom Units that vest in accordance herewith shall be made to the Participant (or in the event of the Participant’s death, to the Participant’s estate) in whole Units in accordance with this Section 5 and Section 8(l) 5. In lieu of the Plan.foregoing, the Committee may elect in its discretion to pay the Phantom
Appears in 1 contract
Samples: Phantom Unit Agreement (USA Compression Partners, LP)
Phantom Units. Unpaid, vested Phantom Units shall be paid to the Participant in the form of Units in a lump-sum as soon as reasonably practicalpractical following the vesting date, but not later than fortytwenty-five (4525) days, following the date on which such Phantom Units vest. Payments of any Phantom Units that vest in accordance herewith shall be made to the Participant (or in the event of the Participant’s death, to the Participant’s estate) in whole Units in accordance with this Section 5 and Section 8(l) 5. The settlement of the PlanPhantom Units will be subject to all tax withholding requirements.
Appears in 1 contract
Samples: Phantom Unit Agreement (USA Compression Partners, LP)
Phantom Units. Unpaid, vested Phantom Units shall be paid to the Participant in the form of Units in a lump-sum as soon as reasonably practical, but not later than forty-five (45) days, following the date on which such Phantom Units vest. Payments of any Phantom Units that vest in accordance herewith shall be made to the Participant (or in the event of the Participant’s death, to the Participant’s estate) in whole Units in accordance with this Section 5 and Section 8(l) of the Plan5.
Appears in 1 contract
Samples: Phantom Unit Agreement (Rentech Nitrogen Partners, L.P.)
Phantom Units. Unpaid, vested Phantom Units shall be paid to the Participant in the form of Units in a lump-sum as soon as reasonably practical, but not later than forty-five sixty (4560) days, following the date on which such Phantom Units vest. Payments of any Phantom Units that vest in accordance herewith shall be made to the Participant (or in the event of the Participant’s death, to the Participant’s estate) in whole Units in accordance with this Section 5 and Section 8(l) 4. {1992824;3} 2 of the Plan.6
Appears in 1 contract
Samples: Equity Settled Phantom Unit Agreement (Mid-Con Energy Partners, LP)