Time of Settlement. Subject to your satisfaction of the applicable tax withholding obligations of Section 6 and the requirements Section 4(b) below, Vested Phantom Units will be settled upon the earlier to occur of: (i) the following schedule: or (ii) the date a Change in Control occurs (the earliest occurring of such events, the “Settlement Date”). The term “Change of Control” means a Change of Control as defined in the Plan.
Appears in 3 contracts
Samples: Phantom Unit Agreement (Rattler Midstream Lp), Phantom Unit Agreement (Viper Energy Partners LP), Phantom Unit Agreement (Rattler Midstream Lp)
Time of Settlement. Subject to your satisfaction of the applicable tax withholding obligations of Section 6 and the requirements Section 4(b) below, Vested Phantom Units will be settled upon the earlier to occur of:
(i) the following schedule: orxx
(iixx) the date a Change in Control occurs (the earliest occurring of such events, the “Settlement Date”). The term “Change of Control” means a Change of Control as defined in the Plan.
Appears in 1 contract
Time of Settlement. Subject to your satisfaction of the applicable tax withholding obligations of Section 6 and the requirements Section 4(b) below, Vested Phantom Units will be settled upon the earlier to occur of:
(i) the following schedule: ___________ ___________ ___________ ___________ ___________ ___________ or
(ii) the date a Change in Control occurs (the earliest occurring of such events, the “Settlement Date”). The term “Change of Control” means a Change of Control as defined in the Plan.
Appears in 1 contract
Time of Settlement. Subject to your satisfaction of the applicable tax withholding obligations of Section 6 and the requirements Section 4(b) below, Vested Phantom Units will be settled upon the earlier to occur of:
of (i) the 30 days following schedule: or
each Award vesting date, or (ii) the date a Change in Control occurs (the earliest occurring of such events, the “Settlement Date”). The term “Change of Control” means a Change of Control as defined in the Plan.
Appears in 1 contract
Samples: Phantom Unit Agreement (Mammoth Energy Partners LP)
Time of Settlement. Subject to your satisfaction of the applicable tax withholding obligations of Section 6 and the requirements Section 4(b) below, Vested Phantom Units will be settled upon the earlier to occur of:
(i) the following schedule: , 2020 , 2021 , 2022 , 2023 , 2024 or
(ii) the date a Change in Control occurs (the earliest occurring of such events, the “Settlement Date”). The term “Change of Control” means a Change of Control as defined in the Plan.
Appears in 1 contract
