Status of Award LTIP Units under the Plan Clause Example with 4 Variations from Business Contracts

This page contains Status of Award LTIP Units under the Plan clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a "Full Value Award" under the Plan. The Company will have the right at its option, as set forth in the Partnership Agreement, to issue shares of Stock in exchange for partnership units into which Award LTIP Units may have been converted pursuant to the Partnership Agreement, subject to certain limitations set forth in the Partnership Agreement, and such Stock, if issued, will be issued under the Plan. Th...e Grantee acknowledges that the Grantee will have no right to approve or disapprove such election by the Company. View More Arrow
Found in Prologis contract

Variations of a "Status of Award LTIP Units under the Plan" Clause from Business Contracts

Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a "Full Value Award" "Units" under the Plan. The Company will have the right at its option, as set forth in the Partnership LP Agreement, to issue shares of Stock in exchange for partnership units into which Award LTIP Units may have been converted pursuant to the Partnership LP Agreement, subject to certain limitations set forth in the Partnership LP Agreement, and such Stock, if issued, will be issued u...nder the Plan. The Grantee Participant acknowledges that the Grantee Participant will have no right to approve or disapprove such election by the Company. View More Arrow
Found in Paramount Group, Inc. contract
Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a "Full Value Award" under the Plan. The Company will have the right at its option, as set forth in the Partnership Agreement, to issue shares of Common Stock in exchange for partnership units into which Award LTIP Units may have been converted pursuant to the Partnership Agreement, subject to certain limitations set forth in the Partnership Agreement, and such Common Stock, if issued, will be issued unde...r the Plan. 10 The Grantee acknowledges that the Grantee will have no right to approve or disapprove such election by the Company. View More Arrow
Found in Prologis contract
Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a "Full Value Award" under the Plan. The Company will have the right at its option, as set forth in the Partnership Agreement, to issue shares of Common Stock in exchange for partnership units into which Award LTIP Units may have 6 been converted pursuant to the Partnership Agreement, subject to certain limitations set forth in the Partnership Agreement, and such Common Stock, if issued, will be issued un...der the Plan. The Grantee acknowledges that the Grantee will have no right to approve or disapprove such election by the Company. View More Arrow
Found in Prologis contract
Status of Award LTIP Units under the Plan. The Award LTIP Units are both issued as equity securities of the Partnership and granted as a "Full Value Award" under the Plan. The Company will have the right at its option, as set forth in the Partnership Agreement, to issue shares of Stock (as defined in the Plan) in exchange for partnership units into which Award LTIP Units may have been converted pursuant to the Partnership Agreement, subject to certain limitations set forth in the Partnership Agreement, and such Stock, if issued, will be ...issued under the Plan. The Grantee acknowledges that the Grantee will have no right to approve or disapprove such election by the Company. View More Arrow
Found in Prologis contract