Common use of Unit plans Clause in Contracts

Unit plans. Subject to any required regulatory approvals, the Trustee may, in its discretion and at any time and from time to time, establish and implement unitholder rights plans, distribution reinvestment plans, restricted unit plans, Trust Unit purchase plans, and incentive option and other compensation plans.

Appears in 2 contracts

Sources: Trust Indenture (Enterra Energy Trust), Trust Indenture (Enterra Energy Trust)