Form of Restricted Unit Agreement Sample Contracts

FORM OF RESTRICTED UNIT AGREEMENT PURSUANT TO THE ARES MANAGEMENT, L.P. 2014 EQUITY INCENTIVE PLAN
Form of Restricted Unit Agreement • February 29th, 2016 • Ares Management Lp • Investment advice • Delaware

This Agreement (the “Agreement”) is entered into as of (the “Grant Date”), by and between Ares Management, L.P., a Delaware limited partnership (the “Partnership”), and (the “Participant”). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Ares Management, L.P. 2014 Equity Incentive Plan (the “Plan”).

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