0001126975-17-000071 Sample Contracts

FORM OF

Executive Retention Phantom Unit Agreement • February 17th, 2017 • Magellan Midstream Partners Lp • Pipe lines (no natural gas)

• Contract Type
  Executive Retention Phantom Unit Agreement
• Filed
  February 17th, 2017
• Company
  Magellan Midstream Partners Lp
• Industry
  Pipe lines (no natural gas)

THIS EXECUTIVE RETENTION PHANTOM UNIT AGREEMENT (this “Agreement”) is by and between Magellan GP, LLC (the “Company”) and Employee Name (the “Participant”).

FORM OF 2017 PERFORMANCE BASED PHANTOM UNIT AGREEMENT

Performance Based Phantom Unit Agreement • February 17th, 2017 • Magellan Midstream Partners Lp • Pipe lines (no natural gas)

• Contract Type
  Performance Based Phantom Unit Agreement
• Filed
  February 17th, 2017
• Company
  Magellan Midstream Partners Lp
• Industry
  Pipe lines (no natural gas)

THIS PERFORMANCE BASED PHANTOM UNIT AGREEMENT (this “Agreement”) is by and between Magellan GP, LLC (the “Company”) and [Employee Name] (the “Participant”).