FORM OF AWARD NOTICE AND AGREEMENT PHANTOM UNITS WITH DERSArchrock Partners, L.P. • February 24th, 2016 • Natural gas transmission
Archrock GP LLC (the “Company”), as general partner of Archrock General Partner, L.P. (the general partner of Archrock Partners, L.P. (the “Partnership”)), has granted to you (the “Participant”) Phantom Units under the Archrock Partners, L.P. Long-Term Incentive Plan, as amended (the “Plan”), subject to the terms and conditions set forth in this Award Notice and Agreement (this “Notice”) and the Plan. Each Phantom Unit shall be issued in tandem with a corresponding DER, which shall entitle you to payments in an amount equal to Partnership distributions in accordance with Section 2 below. Unless otherwise defined herein, capitalized terms in this Notice have the same meaning ascribed to them in the Plan.
