Profits Units Grant Agreement Sample Contracts

FORM OF AMENDED AND RESTATED PROFITS UNITS GRANT AGREEMENT
Profits Units Grant Agreement • September 27th, 2019 • Fortis Minerals, LLC • Crude petroleum & natural gas • Delaware

THIS AMENDED AND RESTATED PROFITS UNITS GRANT AGREEMENT (this ”Agreement”) is made and entered into as of the [ ] day of [ ], 2019 (the “Effective Date”), by and among Fortis Minerals Holdings, LLC, a Delaware limited liability company (the “Company”), Fortis Management Holdings, LLC, a Delaware limited liability company (“Management Member”), and [ ], a resident of the State of [ ] (“Holder”). This Agreement amends and restates that certain Profits Units Grant Agreement (the “Original Agreement”) by and among the Fortis Minerals I, LLC (f/k/a Fortis Minerals, LLC), Management Member and Holder dated [ ] (the “Date of Grant”), as amended by that certain Amendment to Profits Units Grant Agreement dated February 16, 2018.

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