Common use of Rights as a Unitholder Clause in Contracts

Rights as a Unitholder. The Participant shall have no rights as a unitholder with respect to any Common Units covered by the Option unless and until the Participant has become the holder of record of the Common Unit, and no adjustments shall be made for distributions (whether in cash, in kind or other property) or other rights in respect of any such Common Units, except as otherwise specifically provided for in the Plan.

Rights as a Unitholder. The Participant shall have no rights as a unitholder of the Partnership with respect to any Common Units covered by the Option unless and until the Participant has become the holder of record of the Common Unitsuch Units, and no adjustments shall be made for distributions (whether in cash, in kind cash or other property) , dividends or other rights in respect of any such Common Units, except as otherwise specifically provided for in the PlanPlan or this Agreement and as determined by the Board or the Committee, as applicable.