Performance Unit Grant Agreement Sample Contracts

Targa Resources Investments Inc. Long Term Incentive Plan Performance Unit Grant Agreement
Performance Unit Grant Agreement • January 28th, 2009 • Targa Resources, Inc. • Natural gas transmission • Texas
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PERFORMANCE UNIT GRANT AGREEMENT
Performance Unit Grant Agreement • February 24th, 2017 • Buckeye Partners, L.P. • Pipe lines (no natural gas) • Delaware

THIS PERFORMANCE UNIT GRANT AGREEMENT (this “Agreement”), dated as of [●], is delivered by Buckeye GP LLC, a Delaware limited liability company (the “Company”), to [●] (the “Participant”).

STANDARD FORM OF PERFORMANCE UNIT GRANT AGREEMENT (RETENTION) WAUSAU PAPER CORP. GRANT OF PERFORMANCE UNITS
Performance Unit Grant Agreement • February 21st, 2012 • Wausau Paper Corp. • Paper mills • Wisconsin

Grant Agreement made as of _________ __, 20___ (the “Date of Grant”) between Wausau Paper Corp., a Wisconsin corporation with its principal place of business at Mosinee, Wisconsin (the “Corporation”), and ________________ (the “Grantee”) to evidence the Grant set forth herein under the terms of the Wausau Paper Corp. 2010 Stock Incentive Plan (the “Plan”).

STANDARD FORM OF PERFORMANCE UNIT GRANT AGREEMENT (LONG-TERM TOTAL SHAREHOLDER RETURN) WAUSAU PAPER CORP. GRANT OF PERFORMANCE UNITS
Performance Unit Grant Agreement • February 21st, 2012 • Wausau Paper Corp. • Paper mills • Wisconsin

Grant Agreement made as of ____________ ___, 20___ (the “Date of Grant”) between Wausau Paper Corp., a Wisconsin corporation with its principal place of business at Mosinee, Wisconsin (the “Corporation”), and _____________ (the “Grantee”) to evidence the Grant set forth herein under the terms of the Wausau Paper Corp. 2010 Stock Incentive Plan (the “Plan”).

STANDARD FORM OF PERFORMANCE UNIT GRANT AGREEMENT (SHORT-TERM ROCE) WAUSAU PAPER CORP. GRANT OF PERFORMANCE UNITS
Performance Unit Grant Agreement • February 21st, 2012 • Wausau Paper Corp. • Paper mills • Wisconsin

Grant Agreement made as of __________ ___, 20___ (the “Date of Grant”) between Wausau Paper Corp., a Wisconsin corporation with its principal place of business at Mosinee, Wisconsin (the “Corporation”), and ______________ (the “Grantee”) to evidence the Grant set forth herein under the terms of the Wausau Paper Corp. 2010 Stock Incentive Plan (the “Plan”).

Targa Resources Partners Long Term Incentive Plan Performance Unit Grant Agreement
Performance Unit Grant Agreement • July 24th, 2013 • Targa Resources Partners LP • Natural gas transmission • Texas
McDERMOTT INTERNATIONAL, INC. Performance Unit Grant Agreement (February 27, 2019)
Performance Unit Grant Agreement • March 5th, 2019 • McDermott International Inc • Fabricated plate work (boiler shops)

The Compensation Committee of the Board of Directors (the “Committee”) of McDermott International, Inc. (“McDermott” or the “Company”) has selected you to receive a grant of performance units (“Performance Units”) under the [2016 McDermott International, Inc. Long-Term Incentive Plan][the Chicago Bridge & Iron 2008 Long-Term Incentive Plan, as amended and restated effective February 27, 2019] (the “Plan”), on February 27, 2019 (the “Date of Grant”). The provisions of the Plan are incorporated herein by reference.

Targa Resources Corp. Long Term Incentive Plan Performance Unit Grant Agreement
Performance Unit Grant Agreement • July 24th, 2013 • Targa Resources Partners LP • Natural gas transmission • Texas
CRESTWOOD EQUITY PARTNERS LP LONG-TERM INCENTIVE PLAN PERFORMANCE UNIT GRANT AGREEMENT
Performance Unit Grant Agreement • May 4th, 2017 • Crestwood Midstream Partners LP • Natural gas transmission • Delaware

THIS PERFORMANCE UNIT GRANT AGREEMENT (this “Agreement”), dated as of February 15, 2017, is made and entered into by and between Crestwood Equity GP LLC, a Delaware limited liability company (the “General Partner”), and ________ (the “Service Provider”). Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to such terms in the Plan (as defined below), unless the context requires otherwise.

Targa Resources Investments Inc. Long Term Incentive Plan Performance Unit Grant Agreement
Performance Unit Grant Agreement • December 7th, 2009 • Targa Resources, Inc. • Natural gas transmission • Texas
LONG-TERM INCENTIVE PLAN FORM OF EXECUTIVE PERFORMANCE UNIT GRANT AGREEMENT THREE-YEAR PERFORMANCE PERIOD
Performance Unit Grant Agreement • February 27th, 2014 • Linn Energy, LLC • Crude petroleum & natural gas

This Performance Unit grant agreement (“Grant Agreement”) is made and entered into effective as of [Grant Date], (the “Grant Date”) by and between LINN ENERGY, LLC, a Delaware limited liability company (together with its subsidiaries, the “Company”), and [Executive] (“Participant”).

McDERMOTT INTERNATIONAL, INC. Performance Unit Grant Agreement (February 28, 2017)
Performance Unit Grant Agreement • March 3rd, 2017 • McDermott International Inc • Fabricated plate work (boiler shops)

The Compensation Committee of the Board of Directors (the “Committee”) of McDermott International, Inc. (“McDermott” or the “Company”) has selected you to receive a grant of performance units (“Performance Units”) under the 2016 McDermott International, Inc. Long-Term Incentive Plan (the “Plan”) on February 28, 2017 (the “Date of Grant”). The provisions of the Plan are incorporated herein by reference.

THIS DOCUMENT CONSTITUTES PART OF A PROSPECTUS COVERING SECURITIES THAT HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933
Performance Unit Grant Agreement • April 23rd, 2019 • Anixter International Inc • Wholesale-electrical apparatus & equipment, wiring supplies

This Grant is made as of the 1st day of March, 2019 (“Date of Grant”) by Anixter International Inc., a Delaware corporation (the “Corporation”), to ___________ (“Participant”) pursuant to the Anixter International Inc. 2017 Stock Incentive Plan (the “Plan”).

FORM OF PERFORMANCE UNIT GRANT AGREEMENT granted under the HIGHPOINT RESOURCES CORPORATION 2012 EQUITY INCENTIVE PLAN (THE “PLAN”)
Performance Unit Grant Agreement • November 9th, 2020 • HighPoint Resources Corp • Crude petroleum & natural gas • Delaware

THIS PERFORMANCE UNIT GRANT AGREEMENT (this “Agreement”), evidences the grant by HighPoint Resources Corporation (the “Company”) of an award of cash-based performance units (the “Award”) to the person listed as “Granted To” on Exhibit 1 (the “Participant”) on the “Grant Date” listed on Exhibit 1 (“Grant Date”) and the Participant’s acceptance of the Award in accordance with the provisions of the HighPoint Resources Corporation (f/k/a Bill Barrett Corporation) 2012 Equity Incentive Plan, as amended through February 21, 2020, and as same may be amended thereafter (the “Plan”). Capitalized terms used herein but not defined herein shall have the meanings given such terms in the Plan. The Company and the Participant agree as follows:

McDERMOTT INTERNATIONAL, INC. Performance Unit Grant Agreement (February 26, 2016)
Performance Unit Grant Agreement • March 3rd, 2016 • McDermott International Inc • Fabricated plate work (boiler shops)

The Compensation Committee of the Board of Directors (the “Committee”) of McDermott International, Inc. (“McDermott” or the “Company”) has selected you to receive a grant of performance units (“Performance Units”) under the 2014 McDermott International, Inc. Long-Term Incentive Plan (the “Plan”) on February 26, 2016 (the “Date of Grant”). The provisions of the Plan are incorporated herein by reference.

PERFORMANCE UNIT GRANT AGREEMENT
Performance Unit Grant Agreement • February 6th, 2008 • Dollar Thrifty Automotive Group Inc • Services-auto rental & leasing (no drivers) • Delaware

THIS PERFORMANCE UNIT GRANT AGREEMENT (this “Agreement”) is made effective as of the ___day of ______, 20__, between Dollar Thrifty Automotive Group, Inc., a Delaware corporation (“Company”), and «Name» (the “Employee”).

Targa Resources Partners Long Term Incentive Plan Performance Unit Grant Agreement
Performance Unit Grant Agreement • February 13th, 2007 • Targa Resources Partners LP • Natural gas transmission • Texas
CRESTWOOD EQUITY PARTNERS LP
Performance Unit Grant Agreement • February 27th, 2023 • Crestwood Midstream Partners LP • Natural gas transmission • Delaware

THIS PERFORMANCE UNIT GRANT AGREEMENT (this “Agreement”), dated as of ____________, 2023, is made and entered into by and between Crestwood Equity GP LLC, a Delaware limited liability company (the “General Partner”), and ________ (the “Service Provider”). Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to such terms in the Crestwood Equity Partners LP 2018 Long Term Incentive Plan, as amended (the “Plan”), unless the context requires otherwise.

PERFORMANCE UNIT GRANT AGREEMENT
Performance Unit Grant Agreement • February 15th, 2019 • Buckeye Partners, L.P. • Pipe lines (no natural gas) • Delaware

THIS PERFORMANCE UNIT GRANT AGREEMENT (this “Agreement”), dated as of [●], is delivered by Buckeye GP LLC, a Delaware limited liability company (the “Company”), to [●] (the “Participant”).

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