EX-10.7.13



 Exhibit 10.7.13 

KEY EMPLOYEE UNIT AGREEMENT 

UNDER THE 
 STONEMOR
PARTNERS L.P. LONG-TERM INCENTIVE PLAN 
 This Key Employee Unit Agreement (the “Agreement”) entered into as of December 31, 2015, (the
“Agreement Date”), by and between StoneMor GP LLC (the “Company”), the general partner of and acting on behalf of StoneMor Partners L.P., a Delaware limited partnership (the “Partnership”), and Lawrence Miller (the
“Participant”), Chief Executive Officer of the Company. 
 BACKGROUND: 

In order to make certain awards to key employees, directors and consultants of the Company and its Affiliates, the Company maintains on behalf of the
Partnership the StoneMor Partners L.P. 2014 Long-Term Incentive Plan (the “Plan”). The Plan is administered by a Committee (as defined in the Plan) of the Board of Directors (“Board”) of the Company. The Committee has determined
to grant to the Participant, pursuant to the terms and conditions of the Plan, an award (the “Award”) of Units (as defined in the Plan), but only effective upon and conditioned on satisfying time vesting and performance vesting conditions
set forth in this Agreement. The Participant has determined to accept such Award, with the understanding that both the Time Vested Units and Performance Vested Units shall commence vesting as if the date of grant were January 1, 2015 rather
than the date of this Agreement. Any initially capitalized terms and phrases used in this Agreement, but not otherwise defined herein, shall have the respective meanings ascribed to them in the Plan. 

NOW, THEREFORE, the Company, acting on behalf of the Partnership, and the Participant, each intending to be legally bound hereby, agree as follows: 

ARTICLE 1 
 AWARD OF
UNITS 
 1.1 Grant of Units and Vesting. The Participant is hereby granted the following Time Vested Units and Performance
Vested Units under the Plan, but only effective upon and conditioned on satisfying the applicable vesting conditions contained herein, which will permit the Participant to receive the following number of Units of the Partnership, plus any Units
acquired through the DER Account referred to in Section 1.4 hereof: 
  

			
	Total Number of Time Vested Units for 2015, 2016 and 2017, Collectively	  	 21,681 Units

		
	Total Number of Performance Vested Units if Threshold Condition is Met in 2015, 2016 or 2017	  	 3,614 Units per year

		
	Total Number of Additional Performance Vested Units if Target Condition is Satisfied or Deemed Satisfied in 2015, 2016 or 2017	  	 An additional 3,614 Units per year

		
	Total Number of Additional Performance Vested Units if Maximum Condition is Satisfied or Deemed Satisfied in 2015, 2016 or 2017	  	An additional 7,227 Units per year

  

  
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 The term “date of grant”, solely for vesting and DER Account (as defined in Section
1.4) purposes, shall be deemed to be January 1, 2015 for both the Time Vested Units and the Performance Vested Units. 
 Time Vested
Units vest at a percentage rate equal to thirty-three and one-third percent (33 1/3%) of the total Time Vested Units on each one (1) year anniversary of the date of grant. 

Performance Vested Units shall vest on December 31, 2015, December 31, 2016 and December 31, 2017, provided the respective
performance conditions have been achieved or waived in writing by the Committee. The Committee will endeavor to establish performance conditions at the Threshold Condition level, the Target Condition level, and the Maximum Condition level for
2016 and 2017 during the first ninety (90) days of each such calendar year and shall advise the Participant in writing of such performance conditions. The failure by the Committee to comply with such time deadlines or to advise the Participant
in writing of such performance conditions shall not result in the performance conditions being deemed satisfied for any calendar year. However, the performance conditions established by the Committee for each such calendar year must be
determinable (subject to any retroactive catch-up provision) on or before December 31 of such calendar year, in the absence of which the Performance Vested Units shall vest on December 31 of such calendar year at the Target Condition
level. 
 The Committee has determined that the performance conditions for vesting on December 31, 2015 have already been satisfied by
the Participant at the Target Condition level, and the Participant is entitled to receive for 2015 a total of 7,228 Performance Vested common units (plus the related amount in the DER Account), in addition to the 7,227 Time Vested common units (plus
the related amount in the DER Account) which are expected to vest at December 31, 2015. 
 Certificates for Units shall be issued to
the Participant upon the vesting of any Time Vested Units or Performance Vested Units, subject to the provisions of the Plan, including, but not limited to, Sections 6(j) and 8(f) of the Plan ,and further subject to the Participant paying, or making
suitable arrangements to pay, all applicable foreign, federal, state and local taxes, as more fully provided in Section 2.3 hereof, not later than the period permitted by Regulation 1.409A-1(b)(4) entitled “Short-term deferrals” and any
successor guidance under the Code. 

  
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 1.2 Forfeiture All unvested Time Vested Units and Performance Vested Units hereunder
are subject to the forfeiture provisions of Section 1.6 hereof and to the clawback provision referenced in Section 2.2 hereof. 
 1.3
Disability. The term “disability”, as used herein, shall refer to a “disability” as defined in Section 6 of the Participant’s Amended and Restated Employment Agreement executed July 22, 2013. 

1.4 DER Account. The unvested Units (whether Time Vested Units or Performance Vested Units) shall not be entitled to receive
distributions made by the Partnership to holders of common units. However, the Company shall maintain a DER Account for each Participant to which shall be credited with the distributions which would have been paid to the unvested Units had such
Units been outstanding from and after the date of grant set forth in Section 1.1 hereof. No interest shall accrue on the DER Account. 

1.5 Payment of DER Account. 

(a) After any Units have vested, payments in cash of the amount in the DER Account with respect to such vested Units shall commence as soon as
administratively feasible (but not later than the period permitted by Regulation 1.409A-1(b)(4) entitled “Short-term deferrals” and any successor guidance under the Code), as provided in this Section 1.5. 

(b) All payments pursuant to this Section 1.5 shall be conditioned on the Participant paying, or by making suitable arrangements to pay, all
applicable foreign, federal, state and local tax withholding as provided in Section 2.3 hereof not later than the period permitted by Regulation 1.409A-1(b)(4) entitled “Short-term deferrals” and any successor guidance under the Code. 

1.6 Forfeiture of Unvested Units Upon Termination of Employment. In the event of the termination of the employment of the Participant
(whether voluntary or involuntary and regardless of the reason for the termination, or for no reason whatsoever) with the Company or its Affiliates, all Units which have not vested on the date of such termination shall be deemed to be automatically
forfeited, unless the Participant’s employment is on that date transferred to the Company or another Affiliate. If a Participant’s employment is with an Affiliate and that entity ceases to be an Affiliate, the Participant’s employment
will be deemed to have terminated when the entity ceases to be an Affiliate unless the Participant transfers employment to the Company or its remaining Affiliates. Nothing contained herein shall be deemed to amend or otherwise modify any employment
agreement between the Company and the Participant. 
 1.7 Nonalienation of Benefits. A Participant shall not have the right to
sell, assign, transfer or otherwise convey or encumber in whole or in part the unvested Units or any payment of DERs under this Agreement, and the right to receive any payment hereunder shall not be subject to attachment, lien or other involuntary
encumbrance. 

  
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 ARTICLE 2 

GENERAL PROVISIONS 
 2.1
No Right of Continued Employment. The receipt of this Award does not give the Participant, and nothing in the Plan or in this Agreement shall confer upon the Participant, any right to continue in the employment of the Company or any of
its Affiliates. Nothing in the Plan or in this Agreement shall affect any right which the Company or any of its Affiliates may have to terminate the employment of the Participant. 

2.2 Clawback. The Units and related DERs are subject to clawback under any clawback policies which are adopted by the Committee,
as amended from time to time, including, but not limited to, clawback listing requirements of the New York Stock Exchange imposed by SEC rules adopted pursuant to Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

 2.3 Tax Withholding. The Participant is responsible to pay to the Company, or make suitable arrangements to pay, all applicable
foreign, federal, state and local tax withholding as a condition to receiving certificates for the vested Units and as a condition to receiving payment of DERs, not later than the period permitted by Regulation 1.409A-1(b)(4) entitled
“Short-term deferrals” and any successor guidance under the Code. The Company shall withhold a sufficient number of Units to equal all income tax payments due from the Participant in connection with vested Units and receiving payment of
DERs and shall be responsible for paying such income tax payments on behalf of the Participant. 
 2.4 Administration. Pursuant
to the Plan, the Committee is vested with conclusive authority to interpret and construe the Plan, to adopt rules and regulations for carrying out the Plan, and to make determinations with respect to all matters relating to this Agreement, the Plan
and awards made pursuant thereto. The authority to manage and control the operation and administration of this Agreement shall be likewise vested in the Committee, and the Committee shall have all powers with respect to this Agreement as it has
with respect to the Plan. Any interpretation of this Agreement by the Committee, and any decision made by the Committee with respect to this Agreement, shall be final and binding and conclusive in the absence of clear and convincing evidence
that such decision was made in bad faith. 
 2.5 Effect of Plan; Construction. The entire text of the Plan is expressly incorporated
herein by this reference and so forms a part of this Agreement. In the event of any inconsistency or discrepancy between the provisions of this Agreement and the terms and conditions of the Plan under which the Units are granted, the provisions of
the Plan shall govern and prevail. The Units and this Agreement are each subject in all respects to, and the Company and the Participant each hereby agree to be bound by, all of the terms and conditions of the Plan, as the same may have been amended
from time to time in accordance with its terms; provided, however, that no such amendment shall deprive the Participant, without the Participant’s consent, of any rights earned or otherwise due to the Participant hereunder. 

2.6 Amendment, Supplement or Waiver. This Agreement shall not be amended, supplemented, or waived in whole or in part, except by
an instrument in writing executed by the parties to this Agreement. 

  
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 2.7 Captions. The captions at the beginning of each of the numbered Articles and
Sections herein are for reference purposes only and will have no legal force or effect. Such captions will not be considered a part of this Agreement for purposes of interpreting, construing or applying this Agreement and will not define,
limit, extend, explain or describe the scope or extent of this Agreement or any of its terms and conditions. 
 2.8 Governing
Law. THE VALIDITY, CONSTRUCTION, INTERPRETATION AND EFFECT OF THIS AGREEMENT SHALL EXCLUSIVELY BE GOVERNED BY AND DETERMINED IN ACCORDANCE WITH THE LAW OF THE COMMONWEALTH OF PENNSYLVANIA (WITHOUT GIVING EFFECT TO THE CONFLICTS OF LAW
PRINCIPLES THEREOF). 
 2.9 Notices. All notices, requests and demands to or upon the respective parties hereto to be effective
shall be in writing, sent by facsimile, by overnight courier or by registered or certified mail, postage prepaid and return receipt requested. Notices to the Company shall be deemed to have been duly given or made upon actual receipt by the
Company. Such communications shall be addressed and directed to the parties listed below (except where this Agreement expressly provides that it be directed to another) as follows, or to such other address or recipient for a party as may be
hereafter notified by such party hereunder: 
  

			
	 (a) if to the Partnership or Company:
	  	 StoneMor GP LLC

311 Veterans Highway, Suite B

Levittown, PA 19056, or its then

current principal office

Attention: Chief Financial Officer

	
	 (b) if to the Participant: to the address for the Participant as it appears on the Company’s records.


 2.10 Severability. If any provision hereof is found by a court of competent jurisdiction to be
prohibited or unenforceable, it shall, as to such jurisdiction, be ineffective only to the extent of such prohibition or unenforceability, and such prohibition or unenforceability shall not invalidate the balance of such provision to the extent it
is not prohibited or unenforceable, nor invalidate the other provisions hereof. 
 2.11 Entire Agreement; Counterparts;
Construction. This Agreement constitutes the entire understanding and supersedes any and all other agreements, oral or written, between the parties hereto, in respect of the subject matter of this Agreement, and embodies the entire
understanding of the parties with respect to the subject matter hereof. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original against any party whose signature appears thereon. The rule of
construction that ambiguities in a document are construed against the draftsperson shall not apply to this Agreement. 
 2.12 Binding
Agreement. The terms and conditions of this Agreement shall be binding upon, and inure to the benefit of, the estate, heirs, beneficiaries and other representatives of the Participant. The terms and conditions of this Agreement shall
be binding upon the Company and the Partnership and their respective successors and assigns. 

  
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 2.13 Arbitration. Any dispute or disagreement with respect to any portion of this
Agreement or its validity, construction, meaning, performance, or Participant’s rights hereunder shall be settled by arbitration, conducted in Philadelphia, Pennsylvania, in accordance with the Commercial Arbitration Rules of the American
Arbitration Association or its successor, as amended from time to time. However, prior to submission to arbitration the Participant will attempt to resolve any disputes or disagreements with the Partnership over this Agreement amicably and
informally, in good faith, for a period not to exceed two weeks. Thereafter, the dispute or disagreement will be submitted to arbitration. At any time prior to a decision from the arbitrator(s) being rendered, the Participant and the Partnership may
resolve the dispute by settlement. The Participant and the Partnership shall equally share the costs charged by the American Arbitration Association or its successor, but the Participant and the Partnership shall otherwise be solely responsible for
their own respective counsel fees and expenses. The decision of the arbitrator(s) shall be made in writing, setting forth the award, the reasons for the decision and award and shall be binding and conclusive on the Participant and the Partnership.
Further, neither Participant nor the Partnership shall appeal any such award. Judgment of a court of competent jurisdiction may be entered upon the award and may be enforced as such in accordance with the provisions of the award. THE PARTICIPANT
HEREBY WAIVES ANY RIGHT TO A JURY TRIAL. 
 IN WITNESS WHEREOF, the parties hereto, intending to be legally bound hereby, have executed this Agreement
as of the day first above written. 
  

			
	STONEMOR PARTNERS L.P.
		
	By:	 	StoneMor GP LLC
		
	By:	 	 /s/ Sean P. McGrath

	Name:	 	 Sean P. McGrath

	Title:	 	 Chief Financial Officer



 The Participant hereby acknowledges receipt of a copy of the foregoing Unit Agreement and the Plan, and having read
them, hereby signifies the Participant’s understanding of, and the Participant’s agreement with, their terms and conditions. The Participant hereby accepts this Unit Agreement in full satisfaction of any previous written or verbal promises
made to the participant by the Partnership or the Company or any of its other Affiliates with respect to awards under the Plan. 
  

							
	 /s/ Lawrence Miller
	 	(seal)	 		 	 12/31/15

	(Signature of Participant)	 		 		 	(Date)


  
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