Common use of Subject Units Clause in Contracts

Subject Units. The parties hereto hereby acknowledge and agree that all Partnership Securities granted to the Employee as or in settlement of Awards at any time or times prior to the consummation of an Initial Public Offering (“Subject Units”) shall be subject to the terms and conditions of this Agreement.

Appears in 4 contracts

Samples: Employee Unitholder Agreement (Oxford Resource Partners LP), Employee Unitholder Agreement (Oxford Resource Partners LP), Employee Unitholder Agreement (Oxford Resource Partners LP)

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Subject Units. The parties hereto hereby acknowledge and agree that all Partnership Securities granted to the Employee Director as or in settlement of Awards at any time or times prior to the consummation of an Initial Public Offering (the “Subject Units”) shall be subject to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Director Unitholder Agreement (Oxford Resource Partners LP)

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