Phantom Unit Agreement Sample

This “agreement”), which is effective from [GRANT DATE”), is located between NuStar GP Holdings, LLC (the “company”) and the beneficiary of this agreement (“participant”), a participant in the NuStar GP Holdings, LLC Long-Term Incentive Plan, which may be amended (the “plan”), in accordance with the provisions of the plan and subject to the provisions of the plan. All capitalized terms contained in this agreement must have the same definitions as those defined in the plan, unless there is another definition. The terms of this sentence are listed below. Some of the provisions applicable to this agreement are listed in Schedule A. Use this Phantom Unit Award Agreement form to grant an employee or other service provider as part of a Phantom Stock Units ghost plan. This form contains practical instructions, design instructions and alternative clauses. by EQT GP Services, LLC (the “company”) of Phantom Units, which represent the right to obtain a common unit representing the interests of the corporation (“common units”), in EQT GP Holdings, LP (“EQGP”), of which the clearing company is the company. The Phantom Units are granted in accordance with the provisions of the EQT GP Services, LLC 2015 Long-Term Incentive Plan (as amended from time to time in the “EQGP Plan”) and the conditions set out in the following pages of this award agreement (this “agreement”). In accordance with this equity-settled Phantom Unit Agreement, dated to [20″ (this “agreement”), Mid-Con Energy Partners GP, LLC (the “Company”), as a partner of Mid-Con Energy Partners, LP (the “partnership”), heresafter concedes the following allocation of Phantom Units (“Phantom Units”), calculated on equity, in accordance with the terms and conditions of the LP Long Term Incentive Program (the “program”). conditions of which are included in this agreement by reference. Each phantom unit is a phantom unit according to the terms of the program.

Unless expressly stated to the contrary, all activated terms used in this but unse defining agreement have the intended meaning in the program. . CET AMENDMENT was adopted on November 18, 2013 by MPLX GP LLC, a Delaware limited liability company (the “company”), the general partner of MPLX LP, a Delaware limited partnership (the “partnership”). . THIS ACCORD OF THE PHANTOM RECOMPENSE (this “agreement”) is awarded from the date of 2015 (date awarded), by TARGA RESOURCES GP LLC, a limited liability company in Delaware (the “General Partner”). This phantom unit agreement is between Blueknight Energy Partners G.P., L.C.

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