0001171486-18-000006 Sample Contracts

Phantom Unit Award Agreement (Non-Employee Director)
Phantom Unit Award Agreement • February 9th, 2018 • Natural Resource Partners Lp • Bituminous coal & lignite surface mining • Delaware

This Phantom Unit Award Agreement (this “Agreement”) is made and entered into as of [●] (the “Date of Grant”) by and between GP Natural Resource Partners LLC, a Delaware limited liability company (“GP LLC”), and [●] (“you” or “Service Provider”). Capitalized terms used but not specifically defined herein shall have the meanings specified in the Natural Resource Partners L.P. 2017 Long Term Incentive Plan (the “Plan”).

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Phantom Unit Award Agreement (Employees and Service Providers)
Phantom Unit Award Agreement • February 9th, 2018 • Natural Resource Partners Lp • Bituminous coal & lignite surface mining • Delaware

This Phantom Unit Award Agreement (this “Agreement”) is made and entered into as of [●] (the “Date of Grant”) by and between GP Natural Resource Partners LLC, a Delaware limited liability company (“GP LLC”), and [●] (“you” or “Service Provider”). Capitalized terms used but not specifically defined herein shall have the meanings specified in the Natural Resource Partners L.P. 2017 Long Term Incentive Plan (the “Plan”).

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