Unit Distribution Rights (“UDRs. The unvested Units shall be entitled to receive distributions made by the Partnership to holders of common units. Any UDR payments will be made to the Participant on or promptly following the date on which the distributions are otherwise paid to the holders of common units; provided, however, in no event shall the distribution payment be made later than 30 days following the date on which the Partnership pays such distributions to the holders of common units generally.
Appears in 7 contracts
Samples: Employment Agreement (Stonemor Partners Lp), Employment Agreement (Stonemor Partners Lp), Employment Agreement (Stonemor Partners Lp)