Common use of Phantom Units Clause in Contracts

Phantom Units. The Committee shall have the authority to determine the Employees, Consultants and Directors to whom Phantom Units shall be granted, the number of Phantom Units to be granted to each such Participant, the Restricted Period, the time or conditions under which the Phantom Units may become vested or forfeited, which may include, without limitation, the accelerated vesting upon the achievement of specified performance goals, and such other terms and conditions as the Committee may establish with respect to such Awards, including whether DERs are granted with respect to such Phantom Units.

Phantom Units. The Committee shall have the authority to determine the Employees, Consultants and Directors Persons to whom Phantom Units shall be granted, the number of Phantom Units to be granted to each such Participant, the duration of the Restricted PeriodPeriod (if any), the time terms or conditions under which the Phantom Units may become vested vested, forfeited or forfeited, which may include, without limitation, the accelerated vesting upon the achievement subject to a right of specified performance goalsrepurchase, and such other terms and conditions as the Committee may establish with respect to such Awards, including whether DERs are granted with respect to such Phantom Units.