0001193125-12-018217 Sample Contracts

SEVERANCE AGREEMENT
Severance Agreement • January 20th, 2012 • Buckeye Partners, L.P. • Pipe lines (no natural gas) • Texas

This Severance Agreement (this “Agreement”) is made as of the [•] day of [•], [•], by and between Buckeye Partners, L.P., a Delaware limited partnership (“BPL”), Buckeye Pipe Line Services Company, a Pennsylvania corporation (“BPLSC”), and [•](“Employee”).

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BUCKEYE PARTNERS, L.P. LONG-TERM INCENTIVE PLAN PHANTOM UNIT GRANT AGREEMENT
Phantom Unit Grant Agreement • January 20th, 2012 • Buckeye Partners, L.P. • Pipe lines (no natural gas) • Delaware

THIS PHANTOM UNIT GRANT AGREEMENT (this “Agreement”), dated as of [•] is delivered by Buckeye GP LLC, a Delaware limited liability company (the “Company”), to [•] (the “Participant”).

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