Examples of Phantom Unit Plan in a sentence
On March 11, 2013 Euromax introduced a Deferred Phantom Unit Plan (the “DPU Plan”) for its directors and key management personnel.
The Award Agreement by and between the Executive and AB Acquisition LLC, entered into as of March 5, 2015, under the AB Acquisition LLC Phantom Unit Plan, shall remain in full force and effect upon the Effective Date.
In 2013 Euromax introduced a Deferred Phantom Unit Plan (“DPU Plan”) for its directors and key management personnel.
Except with respect to the Phantom Unit Plan, there are no outstanding agreements of any kind which obligate the Company or any of its Subsidiaries to repurchase, redeem or otherwise acquire any Company Securities, or obligate the Company to grant, extend or enter into any such agreements relating to any Company Securities, including any agreements granting any preemptive rights, subscription rights, anti-dilutive rights, rights of first refusal or similar rights with respect to any Company Securities.
The Award Agreement by and between you and AB Acquisition, entered into as of March 5, 2015, under the AB Acquisition LLC Phantom Unit Plan, will remain in full force and effect upon the Effective Date; provided, that upon the consummation of the IPO, all outstanding phantom units thereunder will automatically be converted to restricted stock units that will be settled upon vesting in shares of the common stock of the Company.