Common Contracts

2 similar Phantom Unit Agreement contracts by MorningStar Partners, L.P., USD Partners LP

TXO ENERGY PARTNERS, L.P. PHANTOM UNIT AGREEMENT
Phantom Unit Agreement • January 18th, 2023 • MorningStar Partners, L.P. • Crude petroleum & natural gas • Delaware

Pursuant to this Phantom Unit Agreement, dated as of the Grant Date set forth in the Grant Notice below (this “Agreement”), TXO Energy GP, LLC (the “Company”), as the general partner of TXO Energy Partners, L.P. (the “Partnership”), hereby grants to the individual identified in the Grant Notice below (the “Participant”) the following award of Phantom Units (“Phantom Units”), pursuant and subject to the terms and conditions of this Agreement and the TXO Energy Partners, L.P. 2023 Long-Term Incentive Plan (the “Plan”), the terms and conditions of which are hereby incorporated into this Agreement by reference. Each Phantom Unit granted hereunder shall constitute a Phantom Unit under the terms of the Plan and is hereby granted in tandem with a corresponding DER, as further detailed in Section 3 below. Except as otherwise expressly provided herein, all capitalized terms used in this Agreement, but not defined, shall have the meanings provided in the Plan.

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PHANTOM UNIT AGREEMENT
Phantom Unit Agreement • February 20th, 2015 • USD Partners LP • Railroad switching & terminal establishments • Delaware

Pursuant to this Phantom Unit Agreement, dated as of the Grant Date set forth in the Grant Notice below (this “Agreement”), USD Partners GP LLC (the “Company”), as the general partner of USD Partners LP (the “Partnership”), hereby grants to the individual identified in the Grant Notice below (the “Participant”) the following award of Phantom Units (“Phantom Units”), pursuant and subject to the terms and conditions of this Agreement and the USD Partners LP 2014 Long-Term Incentive Plan (the “Plan”), the terms and conditions of which are hereby incorporated into this Agreement by reference. Each Phantom Unit granted hereunder shall constitute a Phantom Unit under the terms of the Plan and is hereby granted in tandem with a corresponding DER, as further detailed in Section 3 below. Except as otherwise expressly provided herein, all capitalized terms used in this Agreement, but not defined, shall have the meanings provided in the Plan.

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