Genesis Energy, LLC Form of Directors Phantom Unit with DERs AgreementDirectors Phantom Unit Agreement • May 10th, 2010 • Genesis Energy Lp • Wholesale-petroleum bulk stations & terminals • Delaware
To carry out the purposes of the Genesis Energy, LLC 2010 Long-Term Incentive Plan (the “2010 Plan”), by affording Participant the opportunity to receive cash payments based on the Fair Market Value of the Common Units (“Units”) of Genesis Energy, L.P. (the “Partnership”), the Company and Director hereby agree as follows:
