0001392091-18-000031 Sample Contracts

BLUEKNIGHT ENERGY PARTNERS G.P., L.L.C. LONG-TERM INCENTIVE PLAN
Employee Phantom Unit Agreement • March 8th, 2018 • Blueknight Energy Partners, L.P. • Pipe lines (no natural gas) • Delaware

This Phantom Unit Agreement (“Agreement”) between Blueknight Energy Partners G.P., L.L.C. (the “Company”) and [[First Last]] (the “Participant”), regarding an award (“Award”) of [[# of units]] Phantom Units (as defined in the Blueknight Energy Partners G.P., L.L.C. Long-Term Incentive Plan (the “Plan”)) granted to the Participant on [[Grant Date]] (the “Grant Date”), such number of Phantom Units subject to adjustment as provided in the Plan, and further subject to the following terms and conditions:

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FIFTH AMENDMENT TO MASTER FACILITIES LEASE AGREEMENT
Master Facilities Lease Agreement • March 8th, 2018 • Blueknight Energy Partners, L.P. • Pipe lines (no natural gas) • Oklahoma

THIS FIFTH AMENDMENT TO MASTER FACILITIES LEASE AGREEMENT (this “Fifth Amendment”) is entered into on March 7, 2018 (the “Effective Date”) by and among BKEP Materials, L.L.C., a Texas limited liability company (“BKEP Materials”), BKEP Asphalt, L.L.C., L.L.C., a Texas limited liability company (“BKEP Asphalt”, and together with BKEP Materials, “Lessor”), and Ergon Asphalt & Emulsions, Inc., a Mississippi corporation (“Lessee”). Lessor and Lessee are individually referred to herein as a “Party” and collectively as the “Parties”.

BLUEKNIGHT ENERGY PARTNERS G.P., L.L.C. LONG-TERM INCENTIVE PLAN DIRECTOR RESTRICTED UNIT AGREEMENT
Director Restricted Unit Agreement • March 8th, 2018 • Blueknight Energy Partners, L.P. • Pipe lines (no natural gas) • Delaware

This Restricted Unit Agreement ("Agreement") is entered into between Blueknight Energy Partners G.P., L.L.C. ("Company") and [NAME] ("Participant"), a Director of the Company, regarding an award ("Award") of [NUMBER] Restricted Units (as defined in the Blueknight Energy Partners G.P., L.L.C. Long-Term Incentive Plan (as the same may be amended from time to time, "Plan") granted to the Participant on [DATE] ("Grant Date"), such number of Restricted Units subject to adjustment as provided in the Plan, and further subject to the following terms and conditions:

PARTIAL LEASE TERMINATION NO. 5
Partial Lease • March 8th, 2018 • Blueknight Energy Partners, L.P. • Pipe lines (no natural gas)

This Partial Lease Termination Agreement No. 5 (“Agreement”) is entered into as of March 7, 2018 (the “Effective Date”) by and among BKEP Asphalt, L.L.C., a Texas limited liability company (“BKEP Asphalt”), BKEP Materials, L.L.C., a Texas limited liability company (“BKEP Materials” and, together with BKEP Asphalt, “Lessor”), and Ergon Asphalt & Emulsions, Inc., a Mississippi corporation (“Lessee”).

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