LETTER OF CREDIT AGREEMENTLetter of Credit Agreement • May 9th, 2017 • NuStar Energy L.P. • Pipe lines (no natural gas) • New York
THIS NINTH AMENDMENT TO LETTER OF CREDIT AGREEMENT (this “Ninth Amendment”) dated as of April 17, 2017, is among NUSTAR LOGISTICS, L.P., a Delaware limited partnership (the “Borrower”); NUSTAR ENERGY L.P., a Delaware limited partnership (the “MLP”); NUSTAR PIPELINE OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the “Subsidiary Guarantor” and, together with the Borrower and the MLP, the “Obligors”); MIZUHO BANK, LTD. (formerly known as Mizuho Corporate Bank, Ltd.), as administrative agent (in such capacity, the “Administrative Agent”) and as Issuing Bank; and the undersigned Lender (collectively, the “Lenders”).
PERFORMANCE UNIT AWARD AGREEMENTPerformance Unit Award Agreement • May 9th, 2017 • NuStar Energy L.P. • Pipe lines (no natural gas) • Delaware
This Performance Unit agreement (“Agreement”), effective as of February 23, 2017 (“Grant Date”), is between NuStar GP, LLC (the “Company”), NuStar Services Company LLC and the recipient of this Agreement (“Participant”), a participant in the NuStar GP, LLC Fifth Amended and Restated 2000 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.
