Profits Units Grant Agreements Sample Contracts

January 29, 2021 Amanda Brock
Profits Units Grant Agreements • October 7th, 2021 • Aris Water Solutions, Inc. • Oil & gas field services, nec

You have been employed by Solaris Midstream Holdings, LLC and its affiliates (the “Company”) since October 2, 2017. As part of your compensation package, you entered into certain Profits Units Grant Agreements dated September 8, 2017, and March 7, 2019, (“Grant Agreements”) 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 September 8, 2017 Profits Units Grant Agreement and 20% are vested under the March 7, 2019 Profits Units Grant Agreement. Your remaining Profits Units will vest as set forth in their respective Grant Agreements.

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