Phantom Units definition
Phantom Units means any phantom unit that entitles the holder to receive common units of the MLP (including corresponding distribution rights) and/or cash that was granted pursuant to the LTIP.
Phantom Units means any phantom unit that entitles the holder to receive Acquiror Common Units (including corresponding distribution rights) and/or cash that was granted pursuant to the Acquiror LTIP.
Phantom Units means a notional Unit granted under the Plan, which upon vesting entitles the Participant to receive a Unit.
Examples of Phantom Units in a sentence
The Managers are authorized to cause the Company to adopt a Phantom Equity Plan and, subject to the Compensatory Interest Cap, issue Phantom Units to the Company’s officers, managers, advisors, employees, and consultants in such amounts and on such terms and conditions as the Managers deem reasonable and in the best interests of the Company.
More Definitions of Phantom Units
Phantom Units means a conditional promise by TEPPCO to make payment to a Grantee in cash, determined by reference to Units and in accordance with the terms of the Plan and the applicable Award Agreement.
Phantom Units means rights granted to an Eligible Individual under Section 8 representing a number of hypothetical Units.
Phantom Units means phantom units issued to Non-Employee Directors of the AmeriGas Board under the 2010 AmeriGas LTIP.
Phantom Units. A Phantom Unit means a notional Company Unit granted under this Arrangement.
Phantom Units means the Stock Units awarded to Non-Employee Directors under Section 4(b).
Phantom Units has the meaning set forth in Section 4.05(b).
Phantom Units has the meaning assigned in Section 3.04(c).