Retention Phantom Unit Agreement Sample Contracts

RETENTION PHANTOM UNIT AGREEMENT
Retention Phantom Unit Agreement • February 21st, 2023 • Magellan Midstream Partners, L.P. • Pipe lines (no natural gas)

THIS RETENTION PHANTOM UNIT AGREEMENT (this “Agreement”) is by and between Magellan GP, LLC (the “Company”) and ###PARTICIPANT_NAME### (the “Participant”).

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USA COMPRESSION PARTNERS, LP RETENTION PHANTOM UNIT AGREEMENT
Retention Phantom Unit Agreement • November 6th, 2018 • USA Compression Partners, LP • Natural gas transmission • Delaware

Pursuant to this Retention Phantom Unit Agreement, dated as of the Grant Date identified in the Grant Notice below (this “Agreement”), USA Compression GP, LLC (the “Company”), as the general partner of USA Compression Partners, LP (the “Partnership”), hereby grants to ________________ (the “Participant”) the following award of Phantom Units (“Phantom Units”), pursuant and subject to the terms and conditions of this Agreement and the USA Compression Partners, LP 2013 Long-Term Incentive Plan, as amended (the “Plan”), the terms and conditions of which are hereby incorporated into this Agreement by reference. The Company, the Partnership, and its and their subsidiaries are collectively referred to as the “USAC Entities” and each a “USAC Entity.” Except as otherwise expressly provided herein, all capitalized terms used in this Agreement, but not defined, shall have the meanings provided in the Plan.

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