Form of FIRST AMENDMENT TO BREITBURN ENERGY PARTNERS L.P. 2006 LONG-TERM INCENTIVE PLAN RESTRICTED PHANTOM UNITS DIRECTORS’ AWARD AGREEMENTRestricted Phantom Units Directors’ Award Agreement • December 14th, 2012 • BreitBurn Energy Partners L.P. • Crude petroleum & natural gas • Delaware
This First Amendment (this “Amendment”) to Restricted Phantom Units Directors’ Award Agreement is made as of December 13, 2012, by and among BreitBurn GP, LLC (“BreitBurn GP”), as the general partner of BreitBurn Energy Partners L.P. (the “Partnership”), the Partnership and [__________] (the “Director”). Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to such terms in the Phantom Unit Agreement (as defined below).
FORM OF FOURTH AMENDMENT TO BREITBURN ENERGY PARTNERS L.P. 2006 LONG-TERM INCENTIVE PLAN CONVERTIBLE PHANTOM UNIT AGREEMENTConvertible Phantom Unit Agreement • December 14th, 2012 • BreitBurn Energy Partners L.P. • Crude petroleum & natural gas • Delaware
This Fourth Amendment (this “Amendment”) to the Convertible Phantom Unit Agreement by and between BreitBurn GP, LLC (“BreitBurn GP”) and [_____________] (the “Participant”), with a grant date of December 26, 2007, as amended by the first, second and third amendments thereto (the “CPU Agreement”) and issued under the BreitBurn Energy Partners L.P. (the “Partnership”) 2006 Long-Term Incentive Plan, as amended and restated (the “Plan”), was approved by the Compensation and Governance Committee of the Board of Directors of BreitBurn GP, acting in its capacity as administrator of the Plan and as the general partner of the Partnership, and is entered into by and among BreitBurn GP, the Partnership and the Participant as of December 13, 2012. Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to such terms in the CPU Agreement.
