RESTRICTED UNIT AWARD AGREEMENT [U.S.]Restricted Unit Award Agreement • February 25th, 2021 • NuStar Energy L.P. • Pipe lines (no natural gas) • Delaware
This Restricted Unit Award Agreement (“Agreement”), effective as of November 16, 2020 (“Grant Date”), is between NuStar Energy L.P. (the “Partnership”) and the recipient of this Agreement (“Participant”), a participant in the NuStar Energy L.P. 2019 Long-Term Incentive Plan, as the same may be amended (the “Plan”), pursuant to and subject to the provisions of the Plan. All capitalized terms contained in this Agreement shall have the same definitions as are set forth in the Plan unless otherwise defined herein. The terms governing this Award are set forth below. Certain provisions applicable to this Agreement are set forth on Appendix A.
