PERFORMANCE UNIT AWARD AGREEMENTPerformance Unit Award Agreement • July 25th, 2018 • NuStar Energy L.P. • Pipe lines (no natural gas) • Delaware
This Performance Unit Agreement (“Agreement”), effective as of July 23, 2018 (“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.
