0001126975-16-000223 Sample Contracts

FORM OF EXECUTIVE RETENTION PHANTOM UNIT AGREEMENT

Executive Retention Phantom Unit Agreement • February 19th, 2016 • Magellan Midstream Partners Lp • Pipe lines (no natural gas)

• Contract Type
  Executive Retention Phantom Unit Agreement
• Filed
  February 19th, 2016
• Company
  Magellan Midstream Partners Lp
• Industry
  Pipe lines (no natural gas)

THIS EXECUTIVE RETENTION PHANTOM UNIT AGREEMENT (this “Agreement”) is by and between Magellan GP, LLC (the “Company”) and Employee Name (the “Participant”).

PHANTOM UNIT AGREEMENT

Phantom Unit Agreement • February 19th, 2016 • Magellan Midstream Partners Lp • Pipe lines (no natural gas)

• Contract Type
  Phantom Unit Agreement
• Filed
  February 19th, 2016
• Company
  Magellan Midstream Partners Lp
• Industry
  Pipe lines (no natural gas)

THIS PHANTOM UNIT AGREEMENT (this “Agreement”) is by and between Magellan GP, LLC (the “Company”) and [Employee Name] (the “Participant”).