Common use of Vesting of Restricted Units Clause in Contracts

Vesting of Restricted Units. Except as otherwise provided in Section 2(c) and Section 2(d), each tranche of Restricted Units granted pursuant to this Award Agreement (each being a “Tranche”) shall fully vest in Participant subject to Participant’s continued qualification as an Eligible Person and satisfaction of the conditions described in the chart below, such that, the restrictions set forth in this Section 2(a) and in Section 2(c), Section 2(d) and Section 2(e) (collectively, the “Restrictions”) shall lapse according to the following schedule of vesting events:

Appears in 3 contracts

Samples: Award Agreement Relating to Restricted Units (Evolve Transition Infrastructure LP), Award Agreement Relating to Restricted Units (Evolve Transition Infrastructure LP), Award Agreement Relating to Restricted Units (Evolve Transition Infrastructure LP)

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Vesting of Restricted Units. Except as otherwise provided in Section 2(c3(c) and Section 2(d3(d), each tranche of Restricted Units granted pursuant to this Award Agreement (each being a “Tranche”) shall fully vest in Participant subject to Participant’s continued qualification as an Eligible Person and the satisfaction of the applicable performance conditions described in the chart belowbelow under the heading “Vesting Event”, such that, the restrictions set forth in this Section 2(a3(a) and in Section 2(c3(c), Section 2(d3(d) and Section 2(e) (collectively, the “Restrictions”3(e) shall lapse according to the following schedule of vesting events:: ​ ​

Appears in 2 contracts

Samples: Inducement Award Agreement (Evolve Transition Infrastructure LP), Inducement Award Agreement (Evolve Transition Infrastructure LP)

Vesting of Restricted Units. Except as otherwise provided in Section 2(c) and Section 2(d), each tranche of Restricted Units granted pursuant to this Award Agreement (each being a “Tranche”) shall fully vest in Participant subject to during Participant’s continued qualification as an Eligible Person and satisfaction of the conditions described in the chart below, such that, the restrictions set forth in this Section 2(a) and in ), Section 2(c), Section 2(d2(e) and Section 2(e) (collectively, the “Restrictions”2(f) shall lapse according to the following schedule of vesting eventsdates:

Appears in 1 contract

Samples: Restricted Units Award Agreement (Sanchez Midstream Partners LP)

Vesting of Restricted Units. Except as otherwise provided in Section 2(c3(c) and Section 2(d3(d), each tranche of Restricted Units granted pursuant to this Award Agreement (each being a “Tranche”) shall fully vest in Participant subject to Participant’s continued qualification as an Eligible Person and the satisfaction of the applicable performance conditions described in the chart belowbelow under the heading “Vesting Event”, such that, the restrictions set forth in this Section 2(a3(a) and in Section 2(c3(c), Section 2(d3(d) and Section 2(e) (collectively, the “Restrictions”3(e) shall lapse according to the following schedule of vesting events:: ​

Appears in 1 contract

Samples: Inducement Award Agreement (Evolve Transition Infrastructure LP)

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Vesting of Restricted Units. Except as otherwise provided in Section 2(c) and Section 2(d2(b), each tranche of Restricted Units granted pursuant to this Award Agreement identified below (each being a “Tranche”) shall fully vest in Participant subject to during Participant’s continued qualification as an Eligible Person and satisfaction of the conditions described in the chart below, such that, the restrictions set forth in this Section 2(a) and in Section 2(c), Section 2(d2(b), Section 2(c) and Section 2(e) (collectively, the “Restrictions”2(d) shall lapse according to the following schedule of vesting eventsdates:

Appears in 1 contract

Samples: Award Agreement Relating to Restricted Units (Sanchez Production Partners LP)

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