Common use of Vesting of Award LTIP Units Clause in Contracts

Vesting of Award LTIP Units. (i) Except as otherwise provided in Sections 2(iii) and 2(iv) below, the Award LTIP Units shall become vested in the amounts and at the times set forth in the table above, provided that except as set forth below the Continuous Service (as defined below) of the Grantee continues through and on the applicable Vesting Date or Dates.

Vesting of Award LTIP Units. (i) Except as otherwise provided in Sections 2(iii) and 2(iv) below, the Award LTIP Units shall become vested in the following amounts and at upon the times set forth in the table abovefollowing conditions, provided that except as set forth below the Continuous a Termination of Service (as defined belowin the Plan) of the Grantee continues through and on has not occurred prior to the applicable Vesting Date or Dates.