Rights as Unitholder. 5.1 The Grantee shall be the record owner of the Grant Units effective on the Grant Date until such Common Units are sold or otherwise disposed of, and shall be entitled to all of the rights of a unitholder of the Company including, without limitation, the right to vote such Common Units and receive all distributions paid with respect to such Common Units in accordance with the terms of the Third Amended and Restated Agreement of Limited Partnership of the Company (the “Company Agreement”). 5.2 The Company shall issue certificates or other evidence of the Grantee’s ownership of the Common Units granted pursuant to this Agreement as soon as practicable after the execution of this Agreement.
Appears in 4 contracts
Samples: Common Unit Grant Agreement (Central Energy Partners Lp), Common Unit Grant Agreement (Central Energy Partners Lp), Common Unit Grant Agreement (Central Energy Partners Lp)
