FORM OF ENCORE ENERGY PARTNERS GP LLC LONG-TERM INCENTIVE PLAN DIRECTOR PHANTOM UNIT AGREEMENTDirector Phantom Unit Agreement • August 10th, 2007 • Encore Energy Partners LP • Crude petroleum & natural gas • Delaware
This Phantom Unit Agreement (“Agreement”) between Encore Energy Partners GP LLC (the “Company”) and ___(the “Participant”), a Director of the Company, regarding an award (“Award”) of ___Phantom Units (as defined in the Encore Energy Partners GP LLC Long-Term Incentive Plan (the “Plan”)) granted to the Participant on ___(the “Grant Date”), such number of Phantom Units subject to adjustment as provided in the Plan, and further subject to the following terms and conditions:
