Common use of Settlement of Vested Phantom Units Clause in Contracts

Settlement of Vested Phantom Units. Upon settlement of the Vested Phantom Units, the Employee shall receive that number of Units equal to the number of Vested Phantom Units.

Appears in 2 contracts

Samples: Phantom Unit Agreement (CSI Compressco LP), Phantom Unit Agreement (Compressco Partners, L.P.)

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Settlement of Vested Phantom Units. Upon settlement of the Vested Phantom Units, the Employee Director shall receive that number of Units equal to the number of Vested Phantom Units.

Appears in 2 contracts

Samples: Phantom Unit Agreement (CSI Compressco LP), Phantom Unit Agreement (Compressco Partners, L.P.)

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