FORM OF AMENDED AND RESTATED PROFITS UNITS GRANT AGREEMENTProfits 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.
January 29, 2021 William A. ZartlerProfits Units Grant Agreement • October 7th, 2021 • Aris Water Solutions, Inc. • Oil & gas field services, nec • Texas
You have been employed by Solaris Midstream Holdings, LLC and its affiliates (the “Company”) since January 1, 2015. As part of your compensation package, you entered into a certain Profits Units Grant Agreement dated September 21, 2016, (“Grant Agreement”) by and between you, Solaris Midstream Investment, LLC (“SMI”), and the Company, as the beneficiary pursuant to which you were granted Beneficiary Class B and/or Beneficiary Class C Units (as defined in the Grant Agreements). As of the date of this letter, 60% of your Profits Units are vested under the Profits Units Grant Agreement. Your remaining Profits Units will vest as set forth in the Grant Agreement.
