VOTING TRUST AGREEMENTVoting Trust Agreement • March 8th, 2005 • Star Gas Partners Lp • Retail-retail stores, nec • Delaware
THIS VOTING TRUST AGREEMENT (as it may be amended or supplemented from time to time, the “Agreement”) is entered into as of March 7, 2005, by and among Star Gas LLC, a Delaware limited liability company (the “Company”), and Irik P. Sevin, in his capacity as a member of the Company (the “Member”), and Irik P. Sevin, Stephen Russell and Joseph P. Cavanaugh in their capacities as trustees under this Agreement (the “Voting Trustees”, which term shall be deemed to include a reference to their respective successors as Voting Trustees hereunder).
PERSONAL AND CONFIDENTIAL Mrs. Audrey Sevin New York, NY 10021 Dear Audrey:Personal and Confidential • March 8th, 2005 • Star Gas Partners Lp • Retail-retail stores, nec • New York
The purpose of this letter agreement and general release (the “Agreement”) is to acknowledge, and set forth the terms of, our agreement with regard to your termination of employment with Star Gas Partners, L.P. (the “Partnership”), Star Gas LLC (the “LLC”), and their affiliates, successors and assigns (collectively, the “Company”).
PERSONAL AND CONFIDENTIALPersonal and Confidential • March 8th, 2005 • Star Gas Partners Lp • Retail-retail stores, nec • New York
The purpose of this letter agreement and general release (the “Agreement”) is to acknowledge, and set forth the terms of, our agreement with regard to your termination of employment with Star Gas Partners, L.P. (the “Partnership”), Star Gas LLC (the “LLC”), and their affiliates, successors and assigns (collectively, the “Company”), your termination as Chairman of the Board of Directors of the LLC (the “Board”) and your accepting a position as a consultant to the Company.
