Common use of Vesting of Awarded Units Clause in Contracts

Vesting of Awarded Units. Awarded Units which have become vested pursuant to the terms of this Section 3 are collectively referred to herein as “Vested Units.” All other Awarded Units are collectively referred to herein as “Unvested Units.” The Participant shall be eligible to receive an amount in cash with respect to the Vested Units in accordance with Section 4 below.

Appears in 4 contracts

Samples: Share Unit Award Agreement (Exco Resources Inc), Share Unit Award Agreement (Exco Resources Inc), Share Unit Award Agreement (Exco Resources Inc)

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