Common use of Delivery – Terminations Clause in Contracts

Delivery – Terminations. Except as otherwise set forth in Section 4(b) or 4(d), in the event the Participant’s Services with the Partnership and its Affiliates are terminated for any reason, the Partnership shall within 30 days following the date of such termination, deliver (or cause delivery of) Common Units to the Participant in respect of any then outstanding Vested DRUs.

Appears in 9 contracts

Sources: Global Deferred Restricted Common Unit Agreement (Carlyle Group L.P.), Global Deferred Restricted Common Unit Agreement (Carlyle Group L.P.), Global Deferred Restricted Common Unit Agreement (Carlyle Group L.P.)

Delivery – Terminations. Except as otherwise set forth in Section 4(b) or 4(d), in the event the Participant’s Services with the Partnership and its Affiliates are terminated for any reason, the Partnership shall within 30 days following the date of such termination, deliver (or cause delivery of) Common Units to the Participant in respect of any then outstanding Vested DRUs.

Appears in 1 contract

Sources: Global Deferred Restricted Common Unit Agreement (Carlyle Group L.P.)