Common Contracts

Non-Employee Director AWARD AGREEMENT

Non-Employee Director • January 6th, 2011 • NuStar Energy L.P. • Pipe lines (no natural gas) • Texas

• Contract Type
  Non-Employee Director
• Filed
  January 6th, 2011
• Company
  NuStar Energy L.P.
• Industry
  Pipe lines (no natural gas)
• Jurisdiction
  Texas

This Restricted Unit agreement (“Agreement”), effective as of December 30, 2010 (“Grant Date”), is between NuStar GP, LLC (the “Company”) and [insert name] (“Participant”), a participant in the NuStar GP, LLC Second Amended and Restated 2000 Long-Term Incentive Plan (the “Plan”). All capitalized terms contained in this Award shall have the same definitions as are set forth in the Plan unless otherwise defined herein. The terms of this grant are set forth below.

Non-Employee Director AWARD AGREEMENT

Non-Employee Director • January 6th, 2011 • NuStar GP Holdings, LLC • Pipe lines (no natural gas) • Texas

• Contract Type
  Non-Employee Director
• Filed
  January 6th, 2011
• Company
  NuStar GP Holdings, LLC
• Industry
  Pipe lines (no natural gas)
• Jurisdiction
  Texas

This Restricted Unit agreement (“Agreement”), effective as of December 30, 2010 (“Grant Date”), is between NuStar GP, LLC (the “Company”) and [insert name] (“Participant”), a participant in the NuStar GP Holdings, LLC Long-Term Incentive Plan (the “Plan”). All capitalized terms contained in this Award shall have the same definitions as are set forth in the Plan unless otherwise defined herein. The terms of this grant are set forth below.