0001193125-12-115061 Sample Contracts

LONG TERM INCENTIVE PLAN UNIT AWARD AGREEMENT ELLINGTON FINANCIAL LLC INCENTIVE PLAN FOR INDIVIDUALS units [Date]
Long Term Incentive Plan Unit Award Agreement • March 14th, 2012 • Ellington Financial LLC • Real estate • Delaware

This Long Term Incentive Plan Unit Award Agreement (this “Award Agreement”), dated as of (the “Date of Grant”), is made by and between Ellington Financial LLC, a Delaware limited liability company (the “Company”) and (the “Participant”). Capitalized terms not defined herein shall have the meaning ascribed to them in the Company Incentive Plan for Individuals (the “Plan”), attached hereto as Exhibit A and the Operating Agreement of the Company, as may be amended from time to time (the “LLC Agreement”), attached hereto as Exhibit B. Where the context permits, references to the Company shall include any successor to the Company.

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