Distribution Equivalent Rights

Example Definitions of "Distribution Equivalent Rights"
Distribution Equivalent Rights. Means a right, granted to an Eligible Person under Section 6(g), to receive cash, Shares, other Awards or other property equal in value to distributions paid with respect to a specified number of Shares, or to periodic payments on other specified equity securities of the Partnership or any Subsidiary or Affiliate; provided, however, that in no event shall a payment of cash or Shares to the holder of a Restricted Share Unit pursuant to Section 6(e)(ii) be considered a Distribution Equivalent... Right. View More
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