Common Contracts

OILTANKING PARTNERS, L.P. LONG TERM INCENTIVE PLAN RESTRICTED UNIT AGREEMENT (2014 Grant Cycle) FOR OFFICERS AND EMPLOYEES

Restricted Unit Agreement • July 9th, 2014 • Oiltanking Partners, L.P. • Pipe lines (no natural gas) • Delaware

• Contract Type
  Restricted Unit Agreement
• Filed
  July 9th, 2014
• Company
  Oiltanking Partners, L.P.
• Industry
  Pipe lines (no natural gas)
• Jurisdiction
  Delaware

This Restricted Unit Agreement (this “Agreement”) is made and entered into by and between OTLP, GP, LLC, a Delaware limited liability company (the “General Partner”), and [ ] (the “Service Provider”). This Agreement is effective as of the [ ] day of [ ], 2014 (the “Date of Grant”). Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to such terms in the Plan (as defined below), unless the context requires otherwise.

OILTANKING PARTNERS, L.P. LONG TERM INCENTIVE PLAN RESTRICTED UNIT AGREEMENT (2014 Grant Cycle) FOR NON-EMPLOYEE DIRECTORS

Restricted Unit Agreement • July 9th, 2014 • Oiltanking Partners, L.P. • Pipe lines (no natural gas) • Delaware

• Contract Type
  Restricted Unit Agreement
• Filed
  July 9th, 2014
• Company
  Oiltanking Partners, L.P.
• Industry
  Pipe lines (no natural gas)
• Jurisdiction
  Delaware

This Restricted Unit Agreement (this “Agreement”) is made and entered into by and between OTLP, GP, LLC, a Delaware limited liability company (the “General Partner”), and [ ] (the “Service Provider”). This Agreement is effective as of the [ ] day of [ ], 2014 (the “Date of Grant”). Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to such terms in the Plan (as defined below), unless the context requires otherwise.