Term of the Plan Clause Example with 6 Variations from Business Contracts
This page contains Term of 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.
Term of the Plan. The Plan has been approved by the limited partners of the Partnership and shall become effective on the later of the date of its approval by the Board or the initial public offering of Units. The Plan shall terminate on, and no Awards may be granted after, the earliest of the date established by the Board or the Committee, the 10th anniversary of the date the Plan was approved by the limited partners of the Partnership (or such earlier anniversary, if any, required by the rules of the exchange o...n which Units are traded) or the date Units are no longer available for delivery pursuant to Awards under the Plan. However, unless otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award granted prior to such termination, and the authority of the Committee to amend, alter, adjust, suspend, discontinue, or terminate any such Award or to waive any conditions or rights under such Award, shall extend beyond such termination date. -9- EX-10.1 3 a17-3853_1ex10d1.htm EX-10.1 Exhibit 10.1 KIMBELL ROYALTY GP, LLC 2017 LONG-TERM INCENTIVE PLAN (Adopted Effective January 31, 2017) 1. Purpose of the Plan. The Kimbell Royalty GP, LLC Long-Term Incentive Plan (the "Plan") has been adopted by Kimbell Royalty GP, LLC, a Delaware limited liability company (the "Company"), the general partner of Kimbell Royalty Partners, LP, a Delaware limited partnership (the "Partnership"), and is intended to promote the interests of the Partnership and the Company and their Affiliates (as defined below) by providing to employees, consultants, and directors of the Company and its Affiliates who perform services for or on behalf of the Partnership and its subsidiaries incentive compensation awards for superior performance that are based on Units (as defined below). The Plan is also contemplated to enhance the ability of the Company and its Affiliates to attract and retain the services of individuals who are essential for the growth and profitability of the Partnership and its subsidiaries and to encourage them to devote their best efforts to advancing the business of the Partnership and its subsidiaries.View More
Variations of a "Term of the Plan" Clause from Business Contracts
Term of the Plan. The Plan has been approved by the Board and the limited partners of the Partnership and shall become effective on the later as of the date of its approval by the Board or the initial public offering of Units. , 2015. The Plan shall terminate on, and no Awards may be granted after, the earliest of the date established by the Board or the Committee, the 10th anniversary of the date the Plan was approved by the limited partners of the Partnership , 2025 (or such earlier anniversary, date, if any, r...equired by the rules of the exchange on which Units Shares are traded) or the date Units Shares are no longer available for delivery pursuant to Awards under the Plan. However, unless otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award granted prior to such termination, and the authority of the Committee to amend, alter, adjust, suspend, discontinue, or terminate any such Award or to waive any conditions or rights under such Award, shall extend beyond such termination date. -9- EX-10.1 3 a17-3853_1ex10d1.htm EX-10.1 EX-10.7 2 d876955dex107.htm EX-10.7 EX-10.7 Exhibit 10.1 KIMBELL ROYALTY GP, 10.7 8POINT3 GENERAL PARTNER, LLC 2017 LONG-TERM INCENTIVE PLAN (Adopted Effective January 31, 2017) 1. Purpose of the Plan. The Kimbell Royalty GP, 8point3 General Partner, LLC Long-Term Incentive Plan (the "Plan") has been adopted by Kimbell Royalty GP, 8point3 General Partner, LLC, a Delaware limited liability company (the "Company"), the general partner of Kimbell Royalty Partners, 8point3 Energy Partners LP, a Delaware limited partnership (the "Partnership"), and is intended to promote the interests of the Partnership and the Company and their Affiliates (as defined below) by providing to employees, consultants, and directors of the Company and its Affiliates who perform services for or on behalf of the Partnership and or its subsidiaries Affiliates incentive compensation awards for superior performance that are based on Units Shares (as defined below). The Plan is also contemplated to enhance the ability of the Company and its Affiliates to attract and retain the services of individuals who are essential for the growth and profitability of the Partnership and its subsidiaries and to encourage them to devote their best efforts to advancing the business of the Partnership and its subsidiaries. View More
Term of the Plan. The Plan has been approved by the Board and the limited partners of the Partnership and shall become effective on the later as of the date of its approval by the Board or the initial public offering of Units. October 28, 2014. The Plan shall terminate on, and no Awards may be granted after, the earliest of the date established by the Board or the Committee, the 10th anniversary of the date the Plan was approved by the limited partners of the Partnership (or or such earlier anniversary, date, if ...any, required by the rules of the exchange on which Units are traded) traded or the date Units are no longer available for delivery pursuant to Awards under the Plan. However, unless otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award granted prior to such termination, and the authority of the Committee to amend, alter, adjust, suspend, discontinue, or terminate any such Award or to waive any conditions or rights under such Award, shall extend beyond such termination date. -9- EX-10.1 3 a17-3853_1ex10d1.htm EX-10.1 9 EX-10.4 7 d814901dex104.htm EX-10.4 EX-10.4 Exhibit 10.1 KIMBELL ROYALTY GP, 10.4 SHELL MIDSTREAM PARTNERS GP LLC 2017 2014 LONG-TERM INCENTIVE PLAN (Adopted Effective January 31, 2017) 1. Purpose of the Plan. The Kimbell Royalty GP, Shell Midstream Partners GP LLC 2014 Long-Term Incentive Plan (the "Plan") has been adopted by Kimbell Royalty GP, Shell Midstream Partners GP LLC, a Delaware limited liability company (the "Company"), in its capacity as the general partner of Kimbell Royalty Shell Midstream Partners, LP, L.P., a Delaware limited partnership (the "Partnership"), and is intended to promote the interests of the Partnership and the Company and their Affiliates (as defined below) by providing to employees, consultants, and directors of the Company and its Affiliates who perform services for or on behalf of the Partnership and or its subsidiaries Affiliates incentive compensation awards for superior performance that are based on Units (as defined below). The Plan is also contemplated to enhance the ability of the Company and its Affiliates to attract and retain the services of individuals who are essential for the growth and profitability of the Partnership and its subsidiaries and to encourage them to devote their best efforts to advancing the business of the Partnership and its subsidiaries. View More
Term of the Plan. The Plan has been approved by the Board and the limited partners of the Partnership and shall become effective on the later as of the date of its approval by the Board or the initial public offering of Units. , 2015. The Plan shall terminate on, and no Awards may be granted after, the earliest of the date established by the Board or the Committee, the 10th anniversary of the date the Plan was approved by the limited partners of the Partnership , 2025 (or such earlier anniversary, date, if any, r...equired by the rules of the exchange on which Units Shares are traded) or the date Units Shares are no longer available for delivery pursuant to Awards under the Plan. However, unless otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award granted prior to such termination, and the authority of the Committee to amend, alter, adjust, suspend, discontinue, or terminate any such Award or to waive any conditions or rights under such Award, shall extend beyond such termination date. -9- EX-10.1 3 a17-3853_1ex10d1.htm EX-10.1 EX-10.5 9 d15263dex105.htm EX-10.5 EX-10.5 Exhibit 10.1 KIMBELL ROYALTY GP, 10.5 8POINT3 GENERAL PARTNER, LLC 2017 LONG-TERM INCENTIVE PLAN (Adopted Effective January 31, 2017) 1. Purpose of the Plan. The Kimbell Royalty GP, 8point3 General Partner, LLC Long-Term Incentive Plan (the "Plan") has been adopted by Kimbell Royalty GP, 8point3 General Partner, LLC, a Delaware limited liability company (the "Company"), the general partner of Kimbell Royalty Partners, 8point3 Energy Partners LP, a Delaware limited partnership (the "Partnership"), and is intended to promote the interests of the Partnership and the Company and their Affiliates (as defined below) by providing to employees, consultants, and directors of the Company and its Affiliates who perform services for or on behalf of the Partnership and or its subsidiaries Affiliates incentive compensation awards for superior performance that are based on Units Shares (as defined below). The Plan is also contemplated to enhance the ability of the Company and its Affiliates to attract and retain the services of individuals who are essential for the growth and profitability of the Partnership and its subsidiaries and to encourage them to devote their best efforts to advancing the business of the Partnership and its subsidiaries. View More
Term of the Plan. The Plan has been approved by the Board and the limited partners of the Partnership and shall become effective on the later as of the date of its approval by the Board or the initial public offering of Units. , 2015. The Plan shall terminate on, and no Awards may be granted after, the earliest of the date established by the Board or the Committee, the 10th anniversary of the date the Plan was approved by the limited partners of the Partnership , 2025 (or such earlier anniversary, date, if any, r...equired by the rules of the exchange on which Units Shares are traded) or the date Units Shares are no longer available for delivery pursuant to Awards under the Plan. However, unless otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award granted prior to such termination, and the authority of the Committee to amend, alter, adjust, suspend, discontinue, or terminate any such Award or to waive any conditions or rights under such Award, shall extend beyond such termination date. -9- EX-10.1 3 a17-3853_1ex10d1.htm EX-10.1 -10- EX-10.3 9 d874172dex103.htm EX-10.3 EX-10.3 Exhibit 10.1 KIMBELL ROYALTY GP, 10.3 TEGP MANAGEMENT, LLC 2017 LONG-TERM INCENTIVE PLAN (Adopted Effective January 31, 2017) 1. Purpose of the Plan. The Kimbell Royalty GP, TEGP Management, LLC Long-Term Incentive Plan (the "Plan") has been adopted by Kimbell Royalty GP, TEGP Management, LLC, a Delaware limited liability company (the "Company"), the general partner of Kimbell Royalty Partners, Tallgrass Energy GP, LP, a Delaware limited partnership (the "Partnership"), and is intended to promote the interests of the Partnership and the Company and their Affiliates (as defined below) by providing to employees, consultants, and directors of the Company and its Affiliates who perform services for or on behalf of the Partnership and or its subsidiaries Affiliates incentive compensation awards for superior performance that are based on Units Shares (as defined below). The Plan is also contemplated to enhance the ability of the Company and its Affiliates to attract and retain the services of individuals who are essential for the growth and profitability of the Partnership and its subsidiaries and to encourage them to devote their best efforts to advancing the business of the Partnership and its subsidiaries. View More
Term of the Plan. The Plan has been approved by the Board and the limited partners of the Partnership and shall become effective on the later as of the date of its approval by the Board or the initial public offering of Units. , 20 . The Plan shall terminate on, and no Awards may be granted after, the earliest of the date established by the Board or the Committee, the 10th anniversary of the date the Plan was approved by the limited partners of the Partnership , 20 (or such earlier anniversary, date, if any, requ...ired by the rules of the exchange on which Units are traded) or the date Units are no longer available for delivery pursuant to Awards under the Plan. However, unless otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award granted prior to such termination, and the authority of the Committee to amend, alter, adjust, suspend, discontinue, or terminate any such Award or to waive any conditions or rights under such Award, shall extend beyond such termination date. -9- EX-10.1 3 a17-3853_1ex10d1.htm EX-10.1 9 EX-10.4 8 d799978dex104.htm EX-10.4 EX-10.4 Exhibit 10.1 KIMBELL ROYALTY GP, 10.4 FORM OF SHELL MIDSTREAM PARTNERS GP LLC 2017 2014 LONG-TERM INCENTIVE PLAN (Adopted Effective January 31, 2017) 1. Purpose of the Plan. The Kimbell Royalty GP, Shell Midstream Partners GP LLC 2014 Long-Term Incentive Plan (the "Plan") has been adopted by Kimbell Royalty GP, Shell Midstream Partners GP LLC, a Delaware limited liability company (the "Company"), in its capacity as the general partner of Kimbell Royalty Shell Midstream Partners, LP, L.P., a Delaware limited partnership (the "Partnership"), and is intended to promote the interests of the Partnership and the Company and their Affiliates (as defined below) by providing to employees, consultants, and directors of the Company and its Affiliates who perform services for or on behalf of the Partnership and or its subsidiaries Affiliates incentive compensation awards for superior performance that are based on Units (as defined below). The Plan is also contemplated to enhance the ability of the Company and its Affiliates to attract and retain the services of individuals who are essential for the growth and profitability of the Partnership and its subsidiaries and to encourage them to devote their best efforts to advancing the business of the Partnership and its subsidiaries. View More
Term of the Plan. The Plan has been approved by the Board and the limited partners partner of the Partnership and shall become effective on the later as of the date of its approval by the Board or the initial public offering of Units. May 1, 2015. The Plan shall terminate on, and no Awards may be granted after, the earliest of the date established by the Board or the Committee, the 10th anniversary of the date the Plan was approved by the limited partners of the Partnership (or such earlier anniversary, if any, r...equired by the rules of the exchange on which Units are traded) or the date Units that Shares are no longer available for delivery pursuant to Awards under the Plan or the 10-year anniversary of the adoption of the Plan. However, unless otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award granted prior to such termination, and the authority of the Committee to amend, alter, adjust, suspend, discontinue, or terminate any such Award or to waive any conditions or rights under such Award, shall extend beyond such termination date. -9- EX-10.1 3 a17-3853_1ex10d1.htm EX-10.1 -10- EX-10.5 9 d923657dex105.htm EX-10.5 EX-10.5 Exhibit 10.1 KIMBELL ROYALTY GP, 10.5 TEGP MANAGEMENT, LLC 2017 LONG-TERM INCENTIVE PLAN (Adopted Effective January 31, 2017) 1. Purpose of the Plan. The Kimbell Royalty GP, TEGP Management, LLC Long-Term Incentive Plan (the "Plan") has been adopted by Kimbell Royalty GP, TEGP Management, LLC, a Delaware limited liability company (the "Company"), the general partner of Kimbell Royalty Partners, Tallgrass Energy GP, LP, a Delaware limited partnership (the "Partnership"), and is intended to promote the interests of the Partnership and the Company and their Affiliates (as defined below) by providing to employees, consultants, and directors of the Company and its Affiliates who perform services for or on behalf of the Partnership and or its subsidiaries Affiliates incentive compensation awards for superior performance that are based on Units Shares (as defined below). The Plan is also contemplated to enhance the ability of the Company and its Affiliates to attract and retain the services of individuals who are essential for the growth and profitability of the Partnership and its subsidiaries and to encourage them to devote their best efforts to advancing the business of the Partnership and its subsidiaries. View More
