Director Phantom Unit Award Agreement Sample Contracts

K-SEA TRANSPORTATION PARTNERS L.P. LONG-TERM INCENTIVE PLAN DIRECTOR PHANTOM UNIT AWARD AGREEMENT
Director Phantom Unit Award Agreement • December 20th, 2010 • K-Sea Transportation Partners Lp • Water transportation • Delaware

THIS AGREEMENT (“Agreement”), effective as of the [ ] day of [ ], 2010 (the “Grant Date”), evidences an award by K-Sea General Partner GP LLC, a Delaware limited liability company (the “Company”) and general partner of the general partner of K-Sea Transportation Partners L.P., a Delaware limited partnership (the “Partnership”), to [ ] (the “Grantee”) pursuant to the Amended and Restated K-Sea Transportation Partners L.P. Long-Term Incentive Plan (the “Plan”). Capitalized terms used and not otherwise defined herein shall have the meaning ascribed to them in the Plan.

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DIRECTOR PHANTOM UNIT AWARD AGREEMENT
Director Phantom Unit Award Agreement • October 7th, 2004 • K-Sea Transportation Partners Lp • Water transportation • Delaware

THIS AGREEMENT (“Agreement”), made as of the day of , 2004 (the “Grant Date”), evidences an award by K-Sea General Partner GP LLC, a Delaware limited liability company (the “Company”) and general partner of the general partner of K-Sea Transportation Partners L.P., a Delaware limited partnership (the “Partnership”), to (the “Grantee”) pursuant to the K-Sea Transportation Partners L.P. Long-Term Incentive Plan (the “Plan”). Capitalized terms used and not otherwise defined herein shall have the meaning ascribed to them in the Plan.

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