0001423902-21-000023 Sample Contracts

Dear :
Phantom Unit Award Agreement • May 10th, 2021 • Western Midstream Operating, LP • Natural gas transmission

We value your contributions and are therefore pleased to grant you the award of performance- based Phantom Units (the “PA”) described below. The PA is granted under the Western Gas Partners, LP 2017 Long-Term Incentive Compensation Plan (the “Plan”) and is subject to all terms and conditions of the Plan and the provisions of this agreement (this “Award Agreement”). Unless defined herein, capitalized terms shall have the meaning assigned to them under the Plan. For the avoidance of doubt, references in the Plan to (i) the “Company” mean Western Midstream Holdings, LLC and (ii) the “Partnership” mean Western Midstream Partners, LP.

AutoNDA by SimpleDocs
Dear :
Phantom Unit Award Agreement • May 10th, 2021 • Western Midstream Operating, LP • Natural gas transmission

In recognition of your ongoing contributions, we are pleased to grant you the award of Phantom Units described below (the “Phantom Unit Award”). This Phantom Unit Award is granted under the Western Gas Partners, LP 2017 Long-Term Incentive Plan (the “Plan”) and is subject to all terms and conditions of the Plan and the provisions of this agreement (this “Award Agreement”). Unless defined herein, capitalized terms shall have the meaning assigned to them under the Plan. For the avoidance of doubt, references in the Plan to (i) the “Company” mean Western Midstream Holdings, LLC, and (ii) the “Partnership” mean Western Midstream Partners, LP.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!