K-SEA TRANSPORTATION PARTNERS L.P. LONG-TERM INCENTIVE PLAN EMPLOYEE PHANTOM UNIT AWARD AGREEMENTEmployee 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.
DIRECTOR PHANTOM UNIT AWARD AGREEMENTDirector 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.
