Restricted Units. The Restricted Units are restricted in that they may be forfeited to the Company and in that they may not, except as otherwise provided in Section 5, be transferred or otherwise disposed of by the Director until such restrictions are removed or expire as described in Section 4 of this Agreement. The Company shall issue in the Director’s name the Restricted Units and retain the Restricted Units until the restrictions on such Restricted Units expire or until the Restricted Units are forfeited as described in Section 4 of this Agreement. The Director agrees that the Company will hold the Restricted Units pursuant to the terms of this Agreement until such time as the Restricted Units are either delivered to the Director or forfeited pursuant to this Agreement.
Appears in 4 contracts
Samples: Restricted Unit Agreement (Pioneer Southwest Energy Partners L.P.), Restricted Unit Agreement (Pioneer Southwest Energy Partners L.P.), Restricted Unit Agreement (Pioneer Southwest Energy Partners L.P.)
Restricted Units. The Restricted Units are restricted in that they may be forfeited to the Company and in that they may not, except as otherwise provided in Section 5, be transferred or otherwise disposed of by the Director Participant until such restrictions are removed or expire as described in Section 4 of this Agreement. The Company shall issue in the DirectorParticipant’s name the Restricted Units and shall retain the Restricted Units until the restrictions on such Restricted Units expire or until the Restricted Units are forfeited as described in Section 4 of this Agreement. The Director Participant agrees that the Company will hold the Restricted Units pursuant to the terms of this Agreement until such time as the Restricted Units are either delivered to the Director Participant or forfeited pursuant to this Agreement.
Appears in 3 contracts
Samples: Restricted Unit Award Agreement (OCI Resources LP), Restricted Unit Award Agreement (Mid-Con Energy Partners, LP), Restricted Unit Award Agreement (LRR Energy, L.P.)
Restricted Units. The Restricted Units are restricted in that they may be forfeited to the Company and in that they may not, except as otherwise provided in Section 5, be transferred or otherwise disposed of by the Director Officer until such restrictions are removed or expire as described in Section 4 of this Agreement. The Company shall issue in the DirectorOfficer’s name the Restricted Units and shall retain the Restricted Units until the restrictions on such Restricted Units expire or until the Restricted Units are forfeited as described in Section 4 of this Agreement. The Director Officer agrees that the Company will hold the Restricted Units pursuant to the terms of this Agreement until such time as the Restricted Units are either delivered to the Director Officer or forfeited pursuant to this Agreement.
Appears in 2 contracts
Samples: Restricted Unit Agreement (Eagle Rock Energy Partners L P), Restricted Unit Agreement (Eagle Rock Energy Partners L P)
Restricted Units. The Restricted Units are restricted in that they may be forfeited to the Company Partnership and in that they may not, except as otherwise provided in Section 5, be transferred or otherwise disposed of by the Director Officer until such restrictions are removed or expire as described in Section 4 of this Agreement. The Company Partnership shall issue in the DirectorOfficer’s name the Restricted Units and shall retain the Restricted Units until the restrictions on such Restricted Units expire or until the Restricted Units are forfeited as described in Section 4 of this Agreement. The Director Officer agrees that the Company Partnership will hold the Restricted Units pursuant to the terms of this Agreement until such time as the Restricted Units are either delivered to the Director Officer or forfeited pursuant to this Agreement.
Appears in 2 contracts
Samples: Restricted Common Unit Option Agreement (Central Energy Partners Lp), Restricted Common Unit Option Agreement (Central Energy Partners Lp)
Restricted Units. The Restricted Units are restricted in that they may be forfeited to the Company and in that they may not, except as otherwise provided in Section 55 below, be transferred or otherwise disposed of by the Director Participant until such restrictions are removed or expire as described in Section 4 of this Agreement. The Company shall issue in the DirectorParticipant’s name the Restricted Units and shall retain the Restricted Units until the restrictions on such Restricted Units expire or until the Restricted Units are forfeited as described in Section 4 of this Agreement. The Director Participant agrees that the Company will hold the Restricted Units pursuant to the terms of this Agreement until such time as the Restricted Units are either delivered to the Director Participant or forfeited pursuant to this Agreement.
Appears in 2 contracts
Samples: Restricted Unit Award Agreement (Greystone Housing Impact Investors LP), Restricted Unit Award Agreement (America First Multifamily Investors, L.P.)
Restricted Units. The Restricted Units are restricted in that they may be forfeited to the Company and in that they may not, except as otherwise provided in Section 5, be transferred or otherwise disposed of by the Director Employee until such restrictions are removed or expire as described in Section 4 of this Agreement. The Company shall issue in the DirectorEmployee’s name the Restricted Units and retain the Restricted Units until the restrictions on such Restricted Units expire or until the Restricted Units are forfeited as described in Section 4 of this Agreement. The Director Employee agrees that the Company will hold the Restricted Units pursuant to the terms of this Agreement until such time as the Restricted Units are either delivered to the Director Employee or forfeited pursuant to this Agreement.
Appears in 2 contracts
Samples: Restricted Unit Agreement (PetroLogistics LP), Restricted Unit Agreement (PetroLogistics LP)
Restricted Units. The Restricted Units are restricted in that they may be forfeited to the Company and in that they may not, except as otherwise provided in Section 5, be transferred or otherwise disposed of by the Director until such restrictions are removed or expire as described in Section 4 of this Agreement. The Company shall issue in the Director’s name the Restricted Units and shall retain the Restricted Units until the restrictions on such Restricted Units expire or until the Restricted Units are forfeited as described in Section 4 of this Agreement. The Director agrees that the Company will hold the Restricted Units pursuant to the terms of this Agreement until such time as the Restricted Units are either delivered to the Director or forfeited pursuant to this Agreement.
Appears in 1 contract
Samples: Restricted Unit Agreement (Eagle Rock Energy Partners L P)
Restricted Units. The Restricted Units are restricted in that they may be forfeited to the Company and in that they may not, except as otherwise provided in Section 5, be transferred or otherwise disposed of by the Director until such restrictions are removed or expire as described in Section 4 of this Agreement. The Company shall issue in the Director’s name the Restricted Units and shall retain the Restricted Units until the restrictions on such Restricted Units expire or until the Restricted Units are forfeited as described in Section 4 of this Agreement. The Director agrees that the Company will hold the Restricted Units pursuant to the terms of this Agreement until such time as the Restricted Units are either delivered to the Director or forfeited pursuant to this Agreement.in
Appears in 1 contract
Samples: Restricted Unit Agreement (Eagle Rock Energy Partners L P)
