PHANTOM UNIT AGREEMENTPhantom Unit Agreement • March 7th, 2017 • Westlake Chemical Partners LP • Industrial organic chemicals • Delaware
This Phantom Unit Agreement (this “Agreement”) is made as of [●] (the “Grant Date”) between Westlake Chemical Partners GP LLC, a Delaware limited liability company (the “General Partner”), and [●] (the “Director”) pursuant to the terms and conditions of the Westlake Chemical Partners LP Long-Term Incentive Plan (the “Plan”). Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to such terms in the Plan, unless the context requires otherwise.
EXCHANGE AGREEMENT (the “Agreement”)Exchange Agreement • March 7th, 2017 • Westlake Chemical Partners LP • Industrial organic chemicals
Exchange Period/Term: August 1, 2014 through August 1, 2015 and continuing year to year thereafter, unless otherwise terminated by either Party by giving written notice of termination to the other Party at least three (3) months in advance of the date of termination specified in such notice (“Term”).
