MPLX LP PHANTOM UNIT AWARD AGREEMENT SENIOR LEADERS (CEO, DESIGNATED POSITIONS & EXECUTIVE RESOURCES)Phantom Unit Award Agreement • February 23rd, 2023 • Marathon Petroleum Corp • Petroleum refining
As evidenced by this Award Agreement and under the MPLX LP 2018 Incentive Compensation Plan, as amended (the “Plan”), MPLX GP LLC, a Delaware limited liability company (the “Company”), the general partner of MPLX LP, a Delaware limited partnership (the “Partnership”) has granted to {Participant Name} (the “Participant”), an Employee and/or Officer of the Company, Partnership or an Affiliate, on {Grant Date} (the “Grant Date”), {Number of Awards Granted} Phantom Units (the “Award”), with each Phantom Unit representing the right to receive a Unit of the Partnership, subject to the terms and conditions in the Plan and this Award Agreement. The number of Phantom Units awarded is subject to adjustment as provided in the Plan, and the Phantom Units hereby granted are also subject to the following terms and conditions:
MPLX LP 2012 INCENTIVE COMPENSATION PLAN PHANTOM UNIT AWARD AGREEMENT OFFICER – GRANT (3-year pro-rata vesting)Phantom Unit Award Agreement • April 30th, 2018 • MPLX Lp • Pipe lines (no natural gas)
As evidenced by this Award Agreement and under the MPLX LP 2012 Incentive Compensation Plan (the “Plan”), MPLX GP LLC, a Delaware limited liability company (the “Company”), the general partner of MPLX LP, a Delaware limited partnership (the “Partnership”) has granted to [NAME] (the “Participant”), an officer of the Company, on [DATE] (the “Grant Date”), [NUMBER] Phantom Units, with each Phantom Unit representing the right to receive a Unit of the Partnership, subject to the terms and conditions in the Plan and this Award Agreement. The number of Phantom Units awarded is subject to adjustment as provided in the Plan, and the Phantom Units hereby granted are also subject to the following terms and conditions:
PHANTOM UNIT AWARD AGREEMENT MATADOR RESOURCES COMPANYPhantom Unit Award Agreement • July 30th, 2021 • Matador Resources Co • Crude petroleum & natural gas
HI-CRUSH PARTNERS LP FIRST AMENDED AND RESTATED LONG-TERM INCENTIVE PLAN PHANTOM UNIT AWARD AGREEMENT (TIME BASED VESTING)Phantom Unit Award Agreement • October 30th, 2018 • Hi-Crush Partners LP • Mining & quarrying of nonmetallic minerals (no fuels) • Delaware
This Phantom Unit Award Agreement (this “Agreement”) is made and entered into by and between Hi-Crush GP LLC, a Delaware limited liability company (the “General Partner”), and [[FIRSTNAME]] [[LASTNAME]] (“Participant”). This Agreement is effective as of [[GRANTDATE]] (the “Grant Date”). Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to such terms in the Hi-Crush Partners LP First Amended and Restated Long-Term Incentive Plan (as amended from time to time, the “Plan”), unless the context requires otherwise.
Form of Phantom Unit Award Agreement (Non-Employee Director with Deferral)Phantom Unit Award Agreement • February 27th, 2020 • Natural Resource Partners Lp • Bituminous coal & lignite surface mining • Delaware
This Phantom Unit Award Agreement (this “Agreement”) is made and entered into as of [●] (the “Date of Grant”) by and between GP Natural Resource Partners LLC, a Delaware limited liability company (“GP LLC”), and [●] (“you” or “Service Provider”). Capitalized terms used but not specifically defined herein shall have the meanings specified in the Natural Resource Partners L.P. 2017 Long Term Incentive Plan (the “Plan”).
EX-10.3.(3) 11 d216692dex1033.htm FORM OF PHANTOM UNIT AWARD AGREEMENT Rose Rock Midstream Equity Incentive Plan PHANTOM UNIT AWARD AGREEMENTPhantom Unit Award Agreement • May 5th, 2020 • Delaware
THIS PHANTOM UNIT AWARD AGREEMENT (this “Agreement”) is made effective as of , 20 (the “Date of Grant”) by and between Rose Rock Midstream GP, LLC, a Delaware limited liability company (the “General Partner”), and (the “Participant”).
MPLX LP PHANTOM UNIT AWARD AGREEMENT SENIOR LEADERS (CEO, DESIGNATED POSITIONS & EXECUTIVE RESOURCES)Phantom Unit Award Agreement • April 30th, 2024 • Marathon Petroleum Corp • Petroleum refining
As evidenced by this Award Agreement and under the MPLX LP 2018 Incentive Compensation Plan, as amended (the “Plan”), MPLX GP LLC, a Delaware limited liability company (the “Company”), the general partner of MPLX LP, a Delaware limited partnership (the “Partnership”) has granted to {Participant Name} (the “Participant”), an Employee and/or Officer of the Company, Partnership or an Affiliate, on {Grant Date} (the “Grant Date”), {Number of Awards Granted} Phantom Units (the “Award”), with each Phantom Unit representing the right to receive a Unit of the Partnership, subject to the terms and conditions in the Plan and this Award Agreement. The number of Phantom Units awarded is subject to adjustment as provided in the Plan, and the Phantom Units hereby granted are also subject to the following terms and conditions:
FORM OF HI-CRUSH PARTNERS LP LONG-TERM INCENTIVE PLAN PHANTOM UNIT AWARD AGREEMENT (TIME BASED VESTING)Phantom Unit Award Agreement • August 5th, 2014 • Hi-Crush Partners LP • Mining & quarrying of nonmetallic minerals (no fuels) • Delaware
This Phantom Unit Award Agreement (this “Agreement”) is made and entered into by and between Hi-Crush GP LLC, a Delaware limited liability company (the “General Partner”), and [__________] (the “Participant”). This Agreement is effective as of [__________] (the “Grant Date”). Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to such terms in the Hi-Crush Partners LP Long Term Incentive Plan (the “Plan”), unless the context requires otherwise.
MPLX LP Amendment to Outstanding Phantom Unit Award AgreementPhantom Unit Award Agreement • February 28th, 2014 • MPLX Lp • Pipe lines (no natural gas)
THIS AMENDMENT is adopted this November 18, 2013, by MPLX GP LLC, a Delaware limited liability company (the "Company"), the general partner of MPLX LP, a Delaware limited partnership (the "Partnership").
PHANTOM UNIT AWARD AGREEMENT [U.S.]Phantom Unit Award Agreement • February 23rd, 2017 • NuStar GP Holdings, LLC • Pipe lines (no natural gas) • Texas
This Phantom Unit agreement (“Agreement”), effective as of [GRANT DATE] (“Grant Date”), is between NuStar GP Holdings, LLC (the “Company”) and the recipient of this Agreement (“Participant”), a participant in the NuStar GP Holdings, LLC Long-Term Incentive Plan, as the same may be amended (the “Plan”), pursuant to and subject to the provisions of the Plan. All capitalized terms contained in this Agreement shall have the same definitions as are set forth in the Plan unless otherwise defined herein. The terms governing this Award are set forth below. Certain provisions applicable to this Agreement are set forth on Appendix A.
PHANTOM UNIT AWARD AGREEMENT AMENDMENTPhantom Unit Award Agreement • November 13th, 2008 • Lyondell Chemical Co • Industrial organic chemicals
WHEREAS, pursuant to that certain Phantom Unit Award Agreement (the “Agreement”) between LyondellBasell Industries AF S.C.A., a Luxembourg company (the “Company”) and Morris Gelb (the “Executive”) effective as of April 1, 2008, the Company granted and Executive accepted an award of Phantom Units (the “Award”); and
MPLX LP 2018 INCENTIVE COMPENSATION PLAN PHANTOM UNIT AWARD AGREEMENTPhantom Unit Award Agreement • November 4th, 2019 • MPLX Lp • Pipe lines (no natural gas)
As evidenced by this Award Agreement and pursuant to the MPLX LP 2018 Incentive Compensation Plan (the “Plan”), MPLX GP LLC, a Delaware limited liability company (the “Company”), the general partner of MPLX LP, a Delaware limited partnership (the “Partnership”), grants to [NAME] (the “Participant”) on [MONTH AND DAY], 2019 (the “Grant Date”), (i) [NUMBER] Phantom Units, with each Phantom Unit representing the right to receive a Unit of the Partnership, and (ii) tandem DERs as set forth in Paragraph 3 below, each subject to the terms and conditions of this Award Agreement and the Plan, the terms and conditions of which are incorporated by reference in this Award Agreement. The following terms and conditions apply to this Award made to the Participant:
AMERICA FIRST MULTIFAMILY INVESTORS, L.P. 2015 EQUITY INCENTIVE PLAN FORM OF PHANTOM UNIT AWARD AGREEMENTPhantom Unit Award Agreement • February 29th, 2016 • America First Multifamily Investors, L.P. • Finance services • Delaware
Pursuant to this Phantom Unit Award Agreement, dated as of __________, 20___ (this “Agreement”), The Burlington Capital Group LLC, a Delaware limited liability company (the “Company”), as the general partner of America First Capital Associates Limited Partnership Two, a Delaware limited partnership (the “General Partner”), which is the general partner of America First Multifamily Investors, L.P., a Delaware limited partnership (the “Partnership”), hereby grants to ____________________ (the “Participant”) the following award of Phantom Units (“Phantom Units”), pursuant and subject to the terms and conditions of this Agreement and the America First Multifamily Investors, L.P. 2015 Equity Incentive Plan (the “Plan”), the terms and conditions of which are hereby incorporated into this Agreement by reference. Each Phantom Unit shall constitute a Phantom Unit under the terms of the Plan. Except as otherwise expressly provided herein, all capitalized terms used in this Agreement, but not defi
PENN VIRGINIA RESOURCE GP, LLC SIXTH AMENDED AND RESTATED LONG-TERM INCENTIVE PLAN PHANTOM UNIT AWARD AGREEMENTPhantom Unit Award Agreement • May 18th, 2011 • Penn Virginia Resource Partners L P • Bituminous coal & lignite surface mining • Delaware
This PHANTOM UNIT AWARD AGREEMENT (the “Agreement”), dated as of , 2011 (the “Date of Grant”), is delivered by Penn Virginia Resource GP, LLC (the “Company”), the general partner of Penn Virginia Resource Partners, L.P. (the “Partnership”) to (the “Participant”).
PHANTOM UNIT AWARD AGREEMENTPhantom Unit Award Agreement • November 13th, 2008 • Lyondell Chemical Co • Industrial organic chemicals • Delaware
Effective as of April 1, 2008 (the “Grant Date”), LyondellBasell Industries AF S.C.A., a Luxembourg company (the “Company”), grants to Morris Gelb (“Executive”) and Executive accepts 68,992 Phantom Units (the “Award”), subject to the terms and conditions set forth in this Agreement (the “Award Agreement”).
WARRIOR MET COAL, LLC PHANTOM UNIT AWARD AGREEMENTPhantom Unit Award Agreement • April 10th, 2017 • Warrior Met Coal, LLC • Bituminous coal & lignite mining • Delaware
THIS PHANTOM UNIT AWARD AGREEMENT (the “Agreement”), made as of March 31, 2016 and effective as of the later of April 1, 2016 and the Closing (as defined below) (such later date, the “Date of Grant”), is by and between Warrior Met Coal, LLC (the “Company”) and Stephen D. Williams (the “Participant”).
TARGA RESOURCES PARTNERS LP PHANTOM UNIT AWARD AGREEMENTPhantom Unit Award Agreement • March 5th, 2015 • Targa Resources Partners LP • Natural gas transmission • Delaware
THIS PHANTOM UNIT AWARD AGREEMENT (this “Agreement”) evidences an award made as of the day of , 2015 (the “Date of Grant”), by TARGA RESOURCES GP LLC, a Delaware limited liability company (the “General Partner”), to (the “Employee”).
Form of Phantom Unit Award Agreement (Employees and Service Providers)Phantom Unit Award Agreement • February 27th, 2020 • Natural Resource Partners Lp • Bituminous coal & lignite surface mining • Delaware
This Phantom Unit Award Agreement (this “Agreement”) is made and entered into as of [●] (the “Date of Grant”) by and between GP Natural Resource Partners LLC, a Delaware limited liability company (“GP LLC”), and [●] (“you” or “Service Provider”). Capitalized terms used but not specifically defined herein shall have the meanings specified in the Natural Resource Partners L.P. 2017 Long Term Incentive Plan (the “Plan”).
PHANTOM UNIT AWARD AGREEMENT PIONEER SOUTHWEST ENERGY PARTNERS L.P.Phantom Unit Award Agreement • March 9th, 2010 • Pioneer Southwest Energy Partners L.P. • Crude petroleum & natural gas • Delaware
LONG-TERM INCENTIVE PLAN PHANTOM UNIT AWARD AGREEMENTPhantom Unit Award Agreement • November 13th, 2008 • Lyondell Chemical Co • Industrial organic chemicals • Delaware
Effective as of April 1, 2008 (the “Grant Date”), the Company now grants to Participant and Participant accepts the number of Phantom Units set forth in the Grant Letter (the “Award”). This Award is subject to the terms and conditions of the Plan, this Award Agreement, and the Grant Letter.
CNX MIDSTREAM PARTNERS LP PHANTOM UNIT AWARD AGREEMENTPhantom Unit Award Agreement • April 27th, 2020 • CNX Midstream Partners LP • Natural gas transmission • Delaware
This Phantom Unit Award Agreement set forth below (this “Agreement”) is dated as of the grant date (the “Grant Date”) set forth on Exhibit A and is between CNX Midstream Partners LP (formerly known as CONE Midstream Partners LP), a Delaware limited partnership (the “Partnership”), CNX Midstream GP LLC (formerly known as CONE Midstream GP LLC), a Delaware limited liability company (the “Company”), and the individual to whom the Board has made this Award and whose name is set forth on Exhibit A (the “Participant”).
Phantom Unit Award Agreement (Employees and Service Providers)Phantom Unit Award Agreement • February 9th, 2018 • Natural Resource Partners Lp • Bituminous coal & lignite surface mining • Delaware
This Phantom Unit Award Agreement (this “Agreement”) is made and entered into as of [●] (the “Date of Grant”) by and between GP Natural Resource Partners LLC, a Delaware limited liability company (“GP LLC”), and [●] (“you” or “Service Provider”). Capitalized terms used but not specifically defined herein shall have the meanings specified in the Natural Resource Partners L.P. 2017 Long Term Incentive Plan (the “Plan”).
EQT MIDSTREAM SERVICES, LLC PHANTOM UNIT AWARD AGREEMENT Non-transferable G R A N T T OPhantom Unit Award Agreement • May 10th, 2012 • EQT Midstream Partners, LP • Natural gas transmission
by EQT Midstream Services, LLC (the “Company”) of Phantom Units, representing the right to receive, on a one-for-one basis, common units of limited partner interests (“Common Units”) in EQT Midstream Partners, LP (“EQM”), of which the Company serves as general partner. The Phantom Units are granted pursuant to and subject to the provisions of the EQT Midstream Services, LLC 2012 Long-Term Incentive Plan, as amended (the “EQM Plan”), and to the terms and conditions set forth on the following pages of this award agreement (this “Agreement”).
MARTIN MIDSTREAM PARTNERS L.P. 2021 PHANTOM UNIT PLAN PHANTOM UNIT AWARD AGREEMENTPhantom Unit Award Agreement • July 26th, 2021 • Martin Midstream Partners L.P. • Wholesale-petroleum bulk stations & terminals • Delaware
This Award Agreement (this “Agreement”) is entered into between Martin Midstream Partners L.P., a Delaware limited partnership (the “Partnership”) and _________________ (the “Participant”), an employee of Martin Resource Management Corporation, a Martin Group entity (the “Employer”), effective [●] (the “Date of Grant”). Capitalized terms used but not defined in this Agreement have the respective meanings provided in the Martin Midstream Partners L.P. 2021 Phantom Unit Plan (the “Plan”).
PHANTOM UNIT AWARD AGREEMENT (TIME-BASED VESTING)Phantom Unit Award Agreement • May 2nd, 2014 • Northern Tier Energy LP • Petroleum refining • Delaware
This Phantom Unit Award Agreement (this “Agreement”) is made and entered into by and between Northern Tier Energy GP LLC, a Delaware limited liability company (the “General Partner”), and [_____________________] (the “Recipient”). This Agreement is effective as of the [_____] day of [________________], 20[__] (the “Date of Grant”). 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.
NMI HOLDINGS, INC. PHANTOM UNIT AWARD AGREEMENTPhantom Unit Award Agreement • August 5th, 2015 • NMI Holdings, Inc. • Surety insurance • Delaware
THIS PHANTOM UNIT AWARD AGREEMENT (this “Agreement”), dated as of [•], 2015 (the “Grant Date”), is made by and between NMI Holdings, Inc., a Delaware corporation (the “Company”), and [NAME] (“Participant”).
PHANTOM UNIT AWARD AGREEMENTPhantom Unit Award Agreement • March 1st, 2019 • Oasis Petroleum Inc. • Crude petroleum & natural gas • Delaware
This Phantom Unit Award Agreement (this “Agreement”) is made and entered into as of the Date of Grant set forth in the Phantom Unit Award Grant Notice (“Notice of Grant”) by and between Oasis Petroleum Inc., a Delaware corporation (the “Company”), and you (“you” or “Service Provider”). Capitalized terms used but not specifically defined herein shall have the meanings specified in the Notice of Grant or the Oasis Petroleum Inc. Amended and Restated 2010 Long Term Incentive Plan (the “Plan”), as applicable.
ABRAXAS ENERGY PARTNERS, L.P. LONG-TERM INCENTIVE PLAN PHANTOM UNIT AWARD AGREEMENTPhantom Unit Award Agreement • April 25th, 2008 • Abraxas Energy Partners LP • Crude petroleum & natural gas • Delaware
This Phantom Unit Award Agreement ("Agreement") is made and entered into effective as of , 2008 (the "Grant Date") by and between ABRAXAS ENERGY PARTNERS, L.P., a Delaware limited partnership (the "Partnership"), and (the "Participant").
