Vesting Date. The Phantom Units shall vest, with respect to thirty-three and one-third percent (33 – 1/3%) of the total number of Phantom Units granted hereunder, on each of the first three anniversaries of the Grant Date (each such date, a “Vesting Date”), provided the Grantee continues to serve as an employee of the Partnership or its Subsidiaries or Parents on the applicable Vesting Date.
Appears in 4 contracts
Sources: Employee Phantom Unit Agreement (CVR Energy Inc), Employee Phantom Unit Agreement (CVR Refining, LP), Employee Phantom Unit Agreement (CVR Partners, Lp)
Vesting Date. The Phantom Units are unvested on and after the Grant Date and shall vest, with respect to thirty-three and one-third percent (33 – 1/3%) of the total number of Phantom Units granted hereunder, on each of the first three anniversaries of the Grant Date [ ], [ ] and [ ] (each such date, a “Vesting Date”), provided the Grantee continues to serve as an employee of the Partnership or its Subsidiaries or Parents on through the applicable Vesting Date.
Appears in 4 contracts
Sources: Employee Phantom Unit Agreement (CVR Partners, Lp), Employee Phantom Unit Agreement (CVR Partners, Lp), Employee Phantom Unit Agreement (CVR Partners, Lp)
Vesting Date. The Phantom Units shall vest, with respect to thirty-three and one-third percent (33 – — 1/3%) of the total number of Phantom Units granted hereunder, on each of the first three anniversaries of the Grant Date (each such date, a “Vesting Date”), provided the Grantee continues to serve as an employee of the Partnership or its Subsidiaries or Parents on the applicable Vesting Date.
Appears in 3 contracts
Sources: Employment Agreement (CVR Partners, Lp), Employee Phantom Unit Agreement (CVR Partners, Lp), Employee Phantom Unit Agreement (CVR Partners, Lp)