Document:

Executive Incentive Plan

 Exhibit 10.21 

 
 

 
 Executive Incentive Plan 
 Purpose 
 The purpose of the MobiTV Executive Annual Incentive Plan (the “Plan”)
is to incent and reward the Executive team of MobiTV (the “Company”) for achievement of annual Company performance goals. 

Administration 
 This Executive Incentive
Plan sets forth the potential annual bonus compensation, based on achievement of certain corporate and individual performance objectives, for participating executive officers. In order to receive an annual cash incentive bonus, an employee must be a
member of the executive team through year-end and the Company performance goals under the Plan must be met. Executives who are hired or promoted during the year will be eligible to receive a prorated bonus based on service. The Compensation
Committee will administer and interpret this plan, and resolve any questions in connection therewith; the Compensation Committee’s determination will be final and binding. Where permitted by applicable law, the Compensation Committee reserves
the right to modify, in its discretion and at any time, the terms of this Plan, including but not limited to the Plan performance objectives, targets and payouts. 
 Performance Period 
 The Plan’s performance period is the Company’s fiscal year,
unless otherwise determined by the Compensation Committee. 
 Target Bonuses 
 At the start of each fiscal year, the Compensation Committee will establish target bonus amounts for each Executive, which will be expressed as a percentage of the Executive’s base salary unless
otherwise determined by the Compensation Committee. 
 Eligibility 
 Only employees who are executive officers of the Company, as determined by the Company’s Board of Directors, are eligible to participate in this Plan. 

Performance Goals 
 Target performance
goals under the Plan will be one or more corporate financial metrics selected by the Compensation Committee, and may include such metrics as revenue, EBITDA, cash flow, earnings per share, the non-GAAP equivalent of any such financial metric, and
any other metric the Compensation Committee in its discretion may select. If more than one financial metric is selected, the Compensation Committee shall determine the relative weighting of each metric. Payments to Executives under the Plan are
based upon achievement of the selected performance goals. 
 Plan Funding and Payouts 

The Committee, in its discretion, shall determine the performance-payout formula for the metrics established, including minimum and maximum performance
and payouts. The Compensation Committee reserves the right to modify the performance-payout formula based on Company goals and type of metric used. 
 Payout Timing 
 To be eligible to receive a payout of an award under the Plan, a participant
must be employed through the date the bonus is calculated. 

 

 
  

 Clawback of the Payout 
 All payments under this Plan are subject to any compensation recovery (“clawback”) policy that the Company may adopt in the future.Supplemental Indenture No. 1

 Exhibit 4.3 

 
  

 
 SUPPLEMENTAL INDENTURE NO. 1

 among 
 CRESTWOOD MIDSTREAM PARTNERS LP, 
 as Issuer, 

CRESTWOOD MIDSTREAM FINANCE CORPORATION, 
 as Co-Issuer, 
 CRESTWOOD GAS SERVICES OPERATING LLC 

CRESTWOOD GAS SERVICES OPERATING GP 
 COWTOWN GAS PROCESSING PARTNERS L.P. 
 COWTOWN PIPELINE PARTNERS L.P.

 CRESTWOOD NEW MEXICO PIPELINE LLC 
 CRESTWOOD PIPELINE LLC 
 CRESTWOOD PANHANDLE PIPELINE LLC 

CRESTWOOD ARKANSAS PIPELINE LLC 
 as Guarantors, 
 CRESTWOOD SABINE PIPELINE LLC 

SABINE TREATING, LLC 
 as New Guarantors, 
 and 

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. 
 as Trustee 
  

 

November 29, 2011 
  

 
 7.75% Senior
Notes due 2019 
  
  

 

 SUPPLEMENTAL INDENTURE NO. 1 (this “Supplemental Indenture”), dated as of
November 29, 2011, among Crestwood Sabine Pipeline LLC and Sabine Treating, LLC (collectively, the “New Guarantors”), each a Texas limited liability company and a Domestic Subsidiary of Crestwood Midstream Partners LP, a
Delaware limited partnership (the “Company”), and Crestwood Midstream Finance Corporation, a Delaware corporation (the “Co-Issuer” and, together, with the Company, the “Issuers”), each other
existing Guarantor under the Indenture referred to below and The Bank of New York Mellon Trust Company, N.A., as trustee under the Indenture referred to below (the “Trustee”). 

WITNESSETH 

WHEREAS, the Issuers and the existing Guarantors have heretofore executed and delivered to the Trustee an indenture (as amended, or
supplemented, the “Indenture”), dated as of April 1, 2011, providing for the issuance of the Issuers’ 7.75% Senior Notes due 2019 (the “Notes”); 

WHEREAS, Section 4.15 of the Indenture provides that under the circumstances set forth therein, the New Guarantor shall execute and
deliver to the Trustee a supplemental indenture pursuant to which the New Guarantor shall unconditionally guarantee all of the Issuers’ Obligations under the Indenture and the Notes on the terms and conditions set forth herein (the
“Note Guarantee”); and 
 WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee, the Issuers and
the existing Guarantors are authorized to execute and deliver this Supplemental Indenture. 
 NOW, THEREFORE, in consideration
of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the New Guarantors, the Issuers, the other Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit of the
Holders as follows: 
 1. DEFINED TERMS. Defined terms used herein without definition shall have the meanings assigned to them
in the Indenture. 
 2. AGREEMENT TO GUARANTEE. The New Guarantors hereby unconditionally Guarantee, jointly and severally with
all existing Guarantors (if any), on the terms and subject to the conditions set forth in Article 10 of the Indenture and agree to be bound by all other applicable provisions of the Indenture and the Notes and to perform all of the obligations and
agreements of a Guarantor under the Indenture. 
 3. NO RECOURSE AGAINST OTHERS. No past, present or future director, manager,
officer, employee, incorporator, stockholder, member or partner of either of the Issuers, any parent entity of the Company or any Subsidiary of the Company, as such, will have any liability for any obligations of the Issuers or the Guarantors under
the Notes, this Indenture, the Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder by accepting a Note waives and releases all such liability. The waiver and release are part of
the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws. 
 4. NOTICES. All notices or other communications to the New Guarantors shall be given as provided in Section 12.02 of the Indenture. 

5. RATIFICATION OF INDENTURE; SUPPLEMENTAL INDENTURES PART OF INDENTURE. Except as expressly amended hereby, the Indenture is in all
respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every holder of Notes heretofore or
hereafter authenticated and delivered shall be bound hereby. 

 6. GOVERNING LAW. THE INDENTURE, THIS SUPPLEMENTAL INDENTURE, THE NOTES AND THE NOTE
GUARANTEES SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 7. COUNTERPARTS. The
parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. The exchange of copies of this Indenture and of signature pages by facsimile of PDF
transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and may be used in lieu of the original Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or PDF shall be
deemed to be their original signatures for all purposes. 
 8. EFFECT OF HEADINGS. The Section headings of this Supplemental
Indenture have been inserted for convenience of reference only and are not to be considered part of this Supplemental Indenture or the Indenture and will in no way modify or restrict any of the terms or provisions hereof or thereof. 

9. SEVERABILITY. In case any provision in this Supplemental Indenture or in the Notes shall be invalid, illegal or unenforceable, the
validity, legality and enforceability of the remaining provisions will not in any way be affected or impaired thereby. 
 10.
TRUSTEE MAKES NO REPRESENTATION. The Trustee makes no representation as to the validity or sufficiency of this Supplemental Indenture. The recitals and statements herein are deemed to be those of the Company and not those of the Trustee, and the
Trustee assumes no responsibility for their correctness. 

 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed and attested, all as of the date first above written. 
 Dated: November 29, 2011 

 

					
	New Guarantors
	
	CRESTWOOD SABINE PIPELINE LLC
		
	By:	 	 /s/ William G. Manias

		 	Name:	 	William G. Manias
		 	Title:	 	Chief Financial Officer
	
	SABINE TREATING, LLC
		
	By:	 	 /s/ William G. Manias

		 	Name:	 	William G. Manias
		 	Title:	 	Chief Financial Officer
	
	Issuer:
	
	CRESTWOOD MIDSTREAM PARTNERS LP
		
	By:	 	 /s/ William G. Manias

		 	Name:	 	William G. Manias
		 	Title:	 	Chief Financial Officer
	
	Co-Issuer:
	
	CRESTWOOD MIDSTREAM FINANCE CORPORATION
		
	By:	 	 /s/ William G. Manias

		 	Name:	 	William G. Manias
		 	Title:	 	Chief Financial Officer
	
	Existing Guarantors:
	
	CRESTWOOD GAS SERVICES OPERATING LLC
	 CRESTWOOD GAS SERVICES OPERATING GP LLC

	COWTOWN GAS PROCESSING PARTNERS L.P.
	By Crestwood Gas Services Operating GP LLC,
	its general partner
	COWTOWN PIPELINE PARTNERS L.P.
	By Crestwood Gas Services Operating GP LLC,
	its general partner
	CRESTWOOD NEW MEXICO PIPELINE LLC
	CRESTWOOD PIPELINE LLC
	CRESTWOOD PANHANDLE PIPELINE LLC
	CRESTWOOD ARKANSAS PIPELINE LLC
		
	By:	 	 /s/ William G. Manias

		 	Name:	 	William G. Manias
		 	Title:	 	Chief Financial Officer

					
	THE BANK OF NEW YORK MELLON
	 TRUST COMPANY, N.A., as Trustee

		
	By:	 	 /s/ Rafael Martinez

		 	Name:	 	Rafael Martinez
		 	Title:	 	Senior Associate

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