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	Board of Directors - Phantom Partnership Contract Provisions
	Rating:		Price: $5.99
	At A Glance
	This Word document is a sample contract provision creating the use of phantom units in a partnership.
	Background
	Phantom Units are sometimes used to reward and recognize significant individual achievement within an organization. While not a voting partner, individuals with phantom units are entitled to review the company's financial information and, should there be any company distributions to the other voting partners, they would be entitled to a percentage of the distribution based on the number of phantom units held.
	Benefits
	Using this tool, you will be able to create a Board of Directors contract provision dealing with the use of Phantom Units.
	Time ROI
	It takes on average 4 hours to develop a contract provision dealing with the use of Phantom Units or Phantom Stock. By using MyWorkTools.com you will save approximately 3 hours since all you have to do is input plan-specific data.

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