0001628280-22-012021 Sample Contracts

BLACK STONE MINERALS, L.P. LONG-TERM INCENTIVE PLAN LTI AWARD GRANT NOTICE
Lti Award Agreement • May 3rd, 2022 • Black Stone Minerals, L.P. • Crude petroleum & natural gas • Delaware

Pursuant to the terms and conditions of the Black Stone Minerals, L.P. Long-Term Incentive Plan, as amended from time to time (the “Plan”), Black Stone Minerals GP, L.L.C., a Delaware limited liability company (the “General Partner”), hereby grants to the individual listed below (“you” or “Employee”) the number of performance-based Phantom Units (the “Performance Units”) set forth below. This award of Performance Units (this “Award”) is subject to the terms and conditions set forth herein as well as the terms and conditions set forth in the LTI Award Agreement attached hereto as Exhibit A (the “Agreement”) and in the Plan, each of which is incorporated herein by reference. Capitalized terms used but not defined herein shall have the meanings set forth in the Plan.

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