FORM OF TPP EMPLOYEE RESTRICTED UNIT GRANTEquity Incentive Plan Agreement |
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TEPPCO PARTNERS LP | EPCO, Inc | TEPPCO Partners, LP. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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Search Equity Incentive Plan Agreement by:
Exhibit 10.1
Restricted Unit Grant
under the
EPCO, Inc. 2006 TPP Long-Term Incentive Plan
under the
EPCO, Inc. 2006 TPP Long-Term Incentive Plan
Date of Grant: |
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Name of Grantee: |
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Number of Units Granted: |
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Restricted Unit Grant Number:
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R06- | |||||||||
EPCO, Inc. (the “Company”) is pleased to inform you that you have been granted the number
of Restricted Units set forth above under the EPCO, Inc. 2006 TPP Long-Term Incentive Plan (the
“Plan”). A Restricted Unit is a Unit of TEPPCO Partners, L.P. (the “Partnership”) that is subject
to the forfeiture and non-transferability provisions set forth below in this Agreement (the
“Restrictions”). The terms of the grant are as follows:
1. The Restricted Units shall become fully vested, i.e., not restricted, on the earlier
of (i) the fourth anniversary of the Date of Grant set forth above (the “Vesting Date”) or (ii) a
Qualifying Termination (as defined below). In the event your employment with the Company and its
Affiliates is terminated prior to the Vesting Date for any reason other than as pr
