Document:

Form of Restricted Unit Award Agreement

 Exhibit 4.4 
 INERGY MIDSTREAM, L.P. LONG TERM INCENTIVE PLAN 
 RESTRICTED UNIT AWARD
AGREEMENT 
  

					
		    	Date of Grant	  	
		    	Number of Restricted Units Awarded	  	

 THIS RESTRICTED UNIT AWARD AGREEMENT (this “Agreement”), dated as of «Date», is
between NRGM GP, LLC, a Delaware limited liability company (the “General Partner”) and «First» «Last» (“Holder”). 
 RECITALS: 
 A. On «Effective Date» the General Partner
adopted the Inergy Midstream, L.P. Long Term Incentive Plan (the “Plan”), which permits Restricted Units to be granted to employees, non-employee directors or consultants of the General Partner, Inergy Midstream, L.P., a Delaware limited
partnership (the “Partnership”) and their respective Affiliates who render service to or for the benefit of the General Partner or the Partnership (each, a “Service Provider”). 

B. Holder is a valued and trusted Service Provider. 
  C. The General Partner has elected to award Holder Restricted Units pursuant to and in accordance with the Plan and this Agreement, in order that Holder thereby may be induced to maintain an
ownership interest in the Partnership and to advance the interests of the General Partner, the Partnership and each of their respective Affiliates (each, a “Company Entity” and collectively, the “Company Entities”). 

AGREEMENT: 
 In consideration of the mutual premises and covenants contained herein and other good and valuable consideration paid by Holder to the Company Entities, the General Partner and Holder agree as follows:

 Section 1. Incorporation of Plan; Definitions. All provisions of this Agreement and the rights of Holder
hereunder are subject in all respects to the provisions of the Plan and the powers of the Committee therein provided. Holder acknowledges receipt of a copy of the Plan, and agrees that the terms and provisions of the Plan, including any future
amendments thereto, shall be deemed a part of this Agreement as if fully set forth herein. Capitalized terms used in this Agreement but not defined shall have the meanings set forth in the Plan. 

Section 2. Grant of Restricted Units. The General Partner hereby grants and awards to Holder, subject to the
conditions and restrictions set forth in this Agreement and in the Plan and as of the date of grant identified above (the “Date of Grant”), that number of common units of the Partnership identified above opposite the heading “Number
of Restricted Units Awarded” (the “Units”), which Units will be “Restricted Units” within the meaning of Section 6 of the Plan and definition (ii) of Appendix A of the Plan. The Units will be issued in the name of
Holder as of the Date of Grant, provided, however, that a certificate or certificates representing the Units will not be delivered to Holder until such later date as identified in Section 6 below. 

 Section 3. Restricted Period; Vesting of Restricted Units. Subject to
any exceptions set forth elsewhere herein, the Units awarded hereunder are subject to a Restricted Period such that the Units are nontransferable and subject to risk of forfeiture until the Units become vested in accordance with this Agreement.
Provided the Units have not already been forfeited pursuant to Section 5 and subject to any exceptions listed elsewhere herein or in the Plan, the Restricted Period for the Units shall lapse and the Units shall become vested on the
            anniversary of the Date of Grant (the “Vesting Date”). The Committee, in its sole discretion, may accelerate the lapse of the Restricted Period for any or all of the
Units if in its judgment the performance of Holder has warranted such acceleration and/or such acceleration is in the best interests of the Company Entities. 
 Section 4. Restrictions on Units. Subject to any exceptions set forth elsewhere herein, none of the Units awarded hereunder or the rights relating thereto may be sold, assigned,
transferred, pledged, hypothecated or otherwise disposed of by Holder, and Holder agrees not to sell, assign, transfer, pledge, hypothecate or otherwise dispose of such Units or rights, during the Restricted Period prior to such Restricted Period
lapsing in accordance with the Vesting Date set forth above in Section 3. Any purported transfer, assignment, alienation, pledge, hypothecation, attachment, sale, transfer or encumbrance shall be null, void and unenforceable against the Company
Entities. As the Restricted Period lapses with respect to the Units, such restriction on transfer shall terminate and the Units will become freely transferable under this Agreement and the Plan, subject only to such further limitations on transfer,
if any, as may exist under the terms of the Plan, Section 10 of this Agreement, applicable law or any other agreement binding upon Holder. 
 Section 5. Possible Forfeiture of Units Prior to Vesting. Unless otherwise provided in the Plan or by the Committee, if Holder ceases for any reason to be a Service Provider of the
Company Entities prior to the Vesting Date for the Restricted Units, (i) all unvested Restricted Units held by Holder shall thereupon immediately be forfeited and returned to the General Partner or one of its Affiliates and (ii) all UDRs
with respect to such Restricted Units, and any other rights or benefits Holder may be entitled to by virtue of Holder’s possession of the Restricted Units, shall be forfeited. Upon such forfeiture, Holder shall have no further rights under this
Agreement. 
 Section 6. Certificates. One or more certificates representing the Units will be held by the
General Partner (or its delegate) until the Vesting Date for the Units, as set forth in Section 3 of this Agreement, at which time a certificate or certificates representing the vested Units will be issued to Holder. However, the General
Partner (or its delegate), in its sole discretion, may elect to deliver the certificate either in certificate form or electronically to a brokerage account established for Holder’s benefit at a brokerage/financial institution selected by the
General Partner (or its delegate). 
 Section 7. Acknowledgement of Rights of the General Partner in Event of
Change in Control, Reorganization, Liquidation, Etc. By executing this Agreement, Holder agrees and acknowledges that in the event that the Partnership undergoes a Change in Control, or in the event the Partnership, the
General Partner, Inergy or Inergy GP shall become a party to any Similar Event, as defined in the Plan, the Committee may take any of the actions as provided for in Section 8 of the Plan, or such successor section if the Plan is amended,
without obtaining Partnership approval or Holder’s consent. 

  
 2 

 Section 8. UDRs. With respect to each Restricted Unit, following the
Date of Grant and until such Unit vests and is no longer subject to the Restricted Period, Holder shall be entitled to receive an amount equal to the per Unit distribution made by the Partnership to the holders of Common Units under the Partnership
Agreement of Inergy Midstream, L.P., as amended from time to time (the “Partnership Agreement”). Amounts with respect to such UDRs shall be paid to Holder as soon as reasonably practicable following the date of a distribution paid on such
Common Units, provided, however, that such amounts shall be paid no later than the end of the calendar year in which the distribution is paid to holders of Common Units or, if later, the 15th day of the third month following the date the
distribution is paid to holders of Common Units. All UDRs with respect to Restricted Units shall be forfeited upon forfeiture of such Restricted Units in accordance with Section 5 of this Agreement. Under no circumstances shall Holder’s
right to receive UDRs on the Restricted Units be interpreted or construed as such Units not being subject to the Restricted Period or as Holder having any rights as a holder of Common Units greater than those set forth herein and in the Plan.

 Section 9. Voting Rights. Following the Date of Grant, Holder shall have such voting rights, if any, as
are provided to the holders of Common Units under the Partnership Agreement or as provided under applicable law. 
 Section
10. Status of Units. Holder agrees that any Units that he acquires upon vesting of the Restricted Units will not be sold or otherwise disposed of in any manner that would constitute a violation of any applicable federal or state
securities laws, the Plan or the rules, regulations and other requirements of the SEC and any stock exchange upon which the Units are then listed. Holder also agrees that (a) any certificates representing the Units acquired under this award may
bear such legend or legends as the Committee deems appropriate in order to assure compliance with applicable securities laws, (b) the Company Entities may refuse to register the transfer of the Units acquired under this award with the
Partnership’s transfer agent if such proposed transfer would, in the opinion of counsel satisfactory to the General Partner, constitute a violation of any applicable securities law, and (c) the Partnership may give related instructions to
its transfer agent, if any, to stop registration of the transfer of the Units to be acquired under this award. In addition to the terms and conditions provided herein, the Company Entities may require that Holder make such covenants, agreements, and
representations as the Committee, in its sole discretion, deems advisable in order to comply with any such laws, rules, regulations, or requirements 
 Section 11. Tax Withholding. The Company Entities shall have the authority and the right to deduct or withhold, or to require Holder to remit to such Company Entity, an amount
sufficient to satisfy all applicable federal, state and local taxes (including the Holder’s employment tax obligations) required by law to be withheld with respect to any taxable event arising in connection with the Restricted Units and the
UDRs thereon. In satisfaction of the foregoing requirement, unless other arrangements have been made that are acceptable to the General Partner, Holder shall surrender the number of Units otherwise issuable to him having a Fair Market Value equal to
the sums required to be withheld by the Company Entities. In the event that Units that would otherwise be issued in respect of the Restricted Units are surrendered 

  
 3 

 
to satisfy such withholding obligations, the number of Units that shall be so surrendered shall be limited to the number of Units that have a Fair Market Value on the date of such surrender equal
to the aggregate amount of such liabilities based on the minimum statutory withholding rates for federal, state, local and foreign income tax and payroll tax purposes that are applicable to such supplemental taxable income. 

Section 12. Notice of Section 83(b) Election. If Holder desires to make an election under Section 83(b) of
the Code relating to the award of Restricted Units, Holder shall notify the General Partner or its delegate of such election within 30 days of the Date of Grant. Holder shall be solely responsible for making such a Section 83(b) election and
satisfying all notice and filing requirements under the Code. 
 Section 13. Adjustments. Notwithstanding
any provision herein to the contrary, in the event of any change in the number of outstanding Units of the Partnership effected without receipt of consideration therefor by the Partnership, by reason of a merger, reorganization, consolidation,
recapitalization, separation, liquidation, unit dividend, unit split, unit combination or other change in the corporate structure of the Partnership affecting the Units, the Restricted Units then subject to this Agreement will be automatically
adjusted to accurately and equitably reflect the effect thereon of such change. In the event of a dispute concerning such adjustment, the decision of the Committee will be conclusive. 

Section 14. Applicable Law. This Agreement will be governed by and construed in accordance with the laws of the
State of Delaware, excluding its conflict of laws provisions. 
 Section 15. Administration. The authority
to manage and control the operation and administration of this Agreement shall be 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 the Agreement
by the Committee and any decision made by it with respect to the Agreement shall be final and binding. 
 Section 16.
No Effect on Service. Nothing in this Agreement or in the Plan shall be construed as giving Holder the right to be retained in the employ or service of the Company Entities. Furthermore, the Company Entities may at any time dismiss
Holder from employment or service free from any liability or any claim under the Plan or this Agreement, unless otherwise expressly provided in the Plan, this Agreement or other written agreement. 

Section 17. Tax Consultation. Neither the Board, the Committee nor any Company Entities has made any warranty or
representation to Holder with respect to the income tax consequences of the grant or vesting of the Restricted Units or the transactions contemplated by this Agreement, and Holder represents that he is in no manner relying on such entities or any of
their respective managers, directors, officers, employees or authorized representatives (including attorneys, accountants, consultants, bankers, lenders, prospective lenders and financial representatives) for tax advice or an assessment of such tax
consequences. Holder represents that he has consulted with any tax consultants that Holder deems advisable in connection with the Restricted Units. 

  
 4 

 Section 18. Severability. If any provision of this Agreement is held to
be illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining provisions hereof, but such provision shall be fully severable and this Agreement shall be construed and enforced as if the illegal or invalid
provision had never been included herein. 
 Section 19. Successors. This Agreement shall be binding upon
Holder, the Holder’s legal representatives, heirs, legatees and distributees, and upon the General Partnership, the Partnership and their Affiliates, successors and assigns. 

Section 20. Entire Agreement. This Agreement constitutes the entire agreement of the parties with regard to the
subject matter hereof, and contains all the covenants, promises, representations, warranties and agreements between the parties with respect to the Restricted Units granted hereby. Without limiting the scope of the preceding sentence, all prior
understandings and agreements, if any, among the parties hereto relating to the subject matter hereof are hereby null and void and of no further force and effect. 
 Section 21. Amendment and Cancellation. This Agreement may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Board
or the Committee (a) to the extent permitted by the Plan, (b) to the extent necessary to comply with applicable laws and regulations or to conform the provisions of this Agreement to any changes thereto or (c) to settle the Restricted
Units pursuant to all applicable provisions of the Plan. Except as provided in the preceding sentence, this Agreement cannot be modified, altered or amended, except by a written agreement signed by both the General Partner and Holder. 

Section 22. Clawback. Notwithstanding any provisions in the Plan or this Agreement to the contrary, any portion of the
payments and benefits provided under this Agreement or the sale of the Units granted hereunder shall be subject to a clawback or other recovery by the General Partner to the extent necessary to comply with applicable law including, without
limitation, the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 or any SEC rule. 

Section 23. Notice. Whenever any notice is required or permitted hereunder, such notice must be
in writing and personally delivered or sent by mail. Any notice required or permitted to be delivered hereunder shall be deemed to be delivered on the date which it was personally delivered, or, whether actually received or not, on the third
business day after it is deposited in the United States mail, certified or registered, postage prepaid, addressed to the person who is to receive it at the address which such person has theretofore specified by written notice delivered in accordance
herewith. The General Partner or Holder may change, at any time and from time to time, by written notice to the other, the address previously specified for receiving notices. Until changed in accordance herewith, the General Partner and Holder
specify their respective addresses as set forth below: 
  

			
	                              
  If to the General Partner to:	  	NRGM GP, LLC
		  	Two Brush Creek Boulevard
		  	Suite 200
		  	Kansas City, Missouri 64112
		  	(816) 842-8181

  
 5 

 If to Holder to: 
 Section 24. Designation of Beneficiary. Holder may designate a person or persons to receive, in the event of the death of Holder, any Units then vesting or other property then or thereafter
distributable relating to the Units. Such designation must be made either in the space indicated at the end of this Agreement or upon forms supplied by and delivered to the General Partner or its delegate and may be revoked in writing. If Holder
fails effectively to designate a beneficiary, the estate of Holder will be deemed to be the beneficiary of Holder with respect to any such Units or other property. 
 Section 25. Execution of Agreement. In order to obtain all rights under this Agreement, Holder must sign and return this Agreement to the General Partner or its delegate within 30
days after the date the General Partner delivers this Agreement to Holder for execution. If Holder fails to sign and return this Agreement to the General Partner or its delegate within this 30-day period, the Committee may determine in its sole
discretion that the award of Units provided for herein shall be deemed void and never to have been granted. 
 Section 26.
Effect of Plan. Holder acknowledges that in the event of any inconsistency between the provisions of this Agreement and the Plan, the provisions of the Plan will control. 

Section 27. Consent to Electronic Delivery; Electronic Signature. In lieu of receiving documents in paper format, Holder
agrees, to the fullest extent permitted by law, to accept electronic delivery of any documents that the Company Entities may be required to deliver (including, without limitation, prospectuses, prospectus supplements, grant or award notifications
and agreements, account statements, annual and quarterly reports, and all other forms of communications) in connection with this and any other award made or offered by the Company Entities. Electronic delivery may be via an electronic mail system or
by reference to a location on a Company Entity intranet to which Holder has access. Holder hereby consents to any and all procedures the Company Entities have established or may establish for an electronic signature system for delivery and
acceptance of any such documents that the Company Entities may be required to deliver, and agrees that his or her electronic signature is the same as, and shall have the same force and effect as, his or her manual signature. 

[Signature Page Follows] 

  
 6 

 IN WITNESS WHEREOF, the General Partner has caused this Agreement to be executed and Holder
has hereunto set his or her hand on the day and year first above written. 
  

			
	NRGM GP, LLC
		
	By:	 	 
	Title:	 	 

 
			
		 	
		 	
	HOLDER
		
		 	 
		 	«First» «Last»

 
			
		 	
		 	
	Designation of Beneficiary:
		
		 	 
		 	(Name of Beneficiary)

 
			
		
		 	 
		 	(Relationship to Holder)

 
			
		
		 	 
		 	(Street Address)

 
			
		
		 	 
		 	(City, State, Zip Code)

 
			
		
		 	 
		 	(Social Security Number)

  
 7Inergy Midstream, L.P. Employee Unit Purchase Plan

 Exhibit 4.5 
 INERGY MIDSTREAM, L.P. EMPLOYEE UNIT PURCHASE PLAN 
 SECTION 1 

INTRODUCTION 
  

	1.1	Establishment. The Inergy Midstream, L.P. Employee Unit Purchase Plan (the “Plan”) has been adopted effective December 21, 2011 by NRGM GP, LLC.,
a Delaware limited liability company, (the “General Partner”), the general partner of Inergy Midstream, L.P., a Delaware limited partnership (the “Partnership”). 

 

	1.2	Purpose. The purpose of the Plan is to promote the interests of the General Partner and the Partnership by encouraging all full-time employees of the General
Partner, the Partnership and their Affiliates to acquire or increase their ownership of Units and to provide a means whereby such individuals may develop a sense of proprietorship and personal involvement in the development and financial success of
the Partnership, and to encourage them to devote their best efforts to the business of the Partnership, thereby advancing the interests of the Partnership and the General Partner. 

SECTION 2 

DEFINITIONS 
  

	2.1	The following terms shall have the meanings set forth below. 

  

	 	(a)	“Affiliates” means with respect to any Person, any other Person that directly or indirectly through one or more intermediaries controls, is controlled by or
is under common control with, the Person in question. As used herein, the term “control” means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through
ownership of voting securities, by contract or otherwise. 

  

	 	(b)	“Board” means the Board of Directors of the General Partner. 

  

	 	(c)	“Committee” means the Board or such committee appointed by the Board to administer the Plan pursuant to Section 8. 

 

	 	(d)	“Code” means the Internal Revenue Code of 1986, as amended from time to time. 

 

	 	(e)	“Employee” means any individual who is a full-time employee of the General Partner, the Partnership or one of their Affiliates, but excluding any employee
covered by a collective bargaining agreement unless such bargaining agreement provides for his participation in the Plan. 

  

	 	(f)	“Employer” means the General Partner, the Partnership and/or one of their Affiliates, as the case may be. 

 

	 	(g)	 “Fair Market Value” means the closing sales price of a Unit on the applicable date (or if there is no trading in the Units on such date, on
the next preceding date on which there was trading) as reported in The Wall Street Journal (or other reporting service approved by the Committee). In the event Units are not publicly traded at the time a determination of fair market value is
required to be made 

	 	
hereunder, the determination of fair market value shall be made in good faith by the Committee. 

  

	 	(h)	“Offering Period” means each calendar quarter; provided, however, the Offering Period shall include such shorter periods, if any, as may be designated by the
Committee from time to time. 

  

	 	(i)	“Person” means an individual or a corporation, limited liability company, partnership, joint venture, trust, unincorporated organization, association,
governmental agency or political subdivision thereof or other entity. 

  

	 	(j)	“Purchase Period” means the 10-day period following the end of each calendar quarter; provided, however, the Purchase Period shall include such other periods,
if any, as may be designated by the Committee from time to time. 

  

	 	(k)	“Rule 16b-3” means Rule 16b-3 promulgated under the Securities Exchange Act of 1934 (the “1934 Act”). 

 

	 	(l)	“Unit” means a Common Unit of the Partnership. 

  

	2.2	Gender and Number. Except when otherwise indicated by the context, the masculine gender shall also include the feminine gender, and the definition of any term
herein in the singular shall also include the plural. 

 SECTION 3 

ELIGIBILITY 
  

	3.1	Eligibility and Plan Entry Date. All Employees shall be eligible to participate in the Plan. An Employee is eligible to enter the Plan beginning on the first day
of the month following thirty (30) days after such individual’s employment commencement date. 

  

	3.2	Prior Service Credit. The Committee, in its discretion, may grant prior service credit to individuals that become Employees pursuant to a corporate merger or
acquisition. 

 SECTION 4 
 UNITS AVAILABLE UNDER PLAN 
  

	4.1	 Unless otherwise increased by the Board, the maximum number of Units that may be purchased for Employees under this Plan is 200,000 Units. Units to be
delivered under the Plan may be Units acquired by the General Partner in the open market, Units already owned by the General Partner, Units acquired by the General Partner directly from the Partnership or any other person, or any combination of the
foregoing. Upon an Employee’s termination of employment with his or her Employer, all amounts then credited to his or her notional account under the Plan, if any, shall be paid to the terminated Employee as soon as practicable. In the event the
Committee determines that any distribution, recapitalization, split, reverse split, reorganization, merger, consolidation, spin-off, combination, or exchange of Units or other securities of the Partnership, issuance of warrants or other rights to
purchase Units or other securities of the Partnership, or other similar transaction or event affects the Units such that an adjustment in the maximum number of Units and/or the kind and number of securities deliverable under the Plan is appropriate
in order to prevent dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan, then the 

  
 2 

	 	
Committee may make appropriate adjustments to the maximum number of Units and/or the kind and number of securities deliverable under the Plan. The adjustments determined by the Committee shall be
final, binding and conclusive. 

 SECTION 5 
 PURCHASE OF UNITS 
  

	5.1	Employee Withholding Elections. The Committee shall provide an Employee with the ability to purchase Units under this Plan upon the following terms and
conditions: 

  

	 	(a)	Effective as of the beginning of any month, an Employee may elect to have his Employer withhold from the Employee’s cash base salary or cash base wages each future
pay period, for the purchase of Units hereunder, a designated whole percentage of the Employee’s cash base salary or wages (in whole percentages only, not to exceed 10%). An Employee may change (within the above limitations) or, subject to
Section 5.1(f), stop his withholding election at any time; however, only two such changes may be made during any calendar year. All Employee elections and any changes to an election shall be in such written form as the Committee or its delegate
may establish from time to time. Employees may only make contributions through payroll deductions. 

  

	 	(b)	Each withholding election made by an Employee hereunder shall be an ongoing election until the earlier of the date changed by the Employee or the date the Employee
ceases to be eligible to participate in the Plan. 

  

	 	(c)	The General Partner shall maintain for each electing Employee a separate notional or ledger account reflecting the aggregate amount of his cash base salary or wages
that has been withheld and not yet applied to the purchase of Units for such Employee. In addition, subject to the further provisions of the Plan, such account shall be credited with the Units purchased for the Employee under the Plan until such
Units are issued in accordance with Section 6. Amounts of cash base salary or wages withheld by the Employer and remitted to the General Partner shall not be segregated from the general assets of the General Partner and shall not bear interest.

  

	 	(d)	During each Purchase Period, the General Partner shall use, to the fullest extent practicable, all amounts then credited to the notional accounts of the electing
Employees to purchase Units for such Employees. Purchases of Units may be made at any time or times during the Purchase Period on any securities exchange on which the Units are traded, in the over-the-counter market and/or in negotiated transactions
as the Committee shall determine. 

  

	 	(e)	Upon an Employee’s termination of employment with his or her Employer, all cash amounts and whole Units then credited to his or her notional account under the
Plan, if any, shall be paid or distributed to the terminated Employee as soon as reasonably practicable and in no event later than 60 days following such Employee’s date of termination. To the extent an Employee has a fractional Unit credited
to his or her notional account under the Plan on the date of termination, such fractional Unit will be liquidated and the Employee will receive his pro rata portion of the proceeds from such liquidation. 

  
 3 

	 	(f)	Subject to the limitation provided above in Section 5.1(a), an Employee may elect to cease contributing to the Plan. Provided an Employee submits his or her
election to stop withholding prior to the five business day period before the beginning of an immediately upcoming Purchase Period, the Employee may elect to cease contributing to the Plan and either (i) have all amounts then credited to such
Employee’s notional account returned to the Employee as soon as administratively practicable, or (ii) alternatively, have all amounts then credited to such Employee’s notional account applied toward the purchase of Units in the
immediately upcoming Purchase Period. Unless otherwise administratively feasible, to the extent an Employee submits his or her election to stop withholding within the five business day period before the beginning of the immediately upcoming Purchase
Period, all amounts credited to such Employee’s notional account will be applied toward the purchase of Units in the immediately following Purchase Period and the Employee’s election to stop withholding shall become effective as of the
commencement of the next following Offering Period. All requests to withdraw from the Plan submitted during a Purchase Period will become effective as of the then-current Offering Period. 

 

	5.2	Purchase of Units and Plan Expenses. During each Purchase Period, the General Partner, using funds withheld from Employees’ wages pursuant to this
Section 5, shall purchase for the electing Employees the maximum number of whole Units that can be acquired (using the Unit’s Fair Market Value on the date of purchase) based on the sum of (a) cash amounts then credited to the
electing Employees’ notional accounts, and (b) an amount, as determined from time to time by the Committee, not to exceed 10% of the amount then credited to the electing Employees’ notional accounts (the “Employer Match
Amount”). The General Partner shall pay, other than from the notional accounts, all brokerage fees and other costs and expenses of the Plan. The Units acquired under the Plan for a Purchase Period shall be allocated to Employees in proportion
to (a) the sum of their contributions and their allocable Employer Match Amount, over (b) the total of all such Plan amounts applied to the purchase of Units for the Purchase Period. To the extent that Units are purchased on multiple days
or at multiple times during a single Purchase Period, the General Partner shall use the weighted average of the Units’ Fair Market Value at the times of purchase as the applicable Unit price upon which Units are allocated to the participating
Employees. Notwithstanding that fractional Units may be allocated to an Employee’s account, an Employee who does not have at least one whole Unit credited to his account at the beginning of a Purchase Period must have enough money credited to
his notional account to purchase at least one whole Unit. To the extent such an Employee does not have enough cash funds credited to his notional account to purchase at least one whole Unit, all amounts credited to the such Employee’s notional
account will be held in a suspense account and disregarded for purposes of purchasing Units until such time as there are enough funds for the purchase of at least one whole Unit.  

 

	5.3	 Withholding of Taxes. To the extent that the Employer is required to withhold any taxes in connection with the purchase of Units, it will be a
condition to the ownership of such Units that the Employee make arrangements satisfactory to the Employer for the payment 

  
 4 

	 	
of such taxes, which may include, but not be limited to, a reduction in the cash amounts or Units in such Employee’s notional account. 

SECTION 6 

RESTRICTIONS ON UNITS 
  

	6.1	Holding Period; Delivery of Units. Subject to the exception provided below under Section 6.2, all Units purchased under the Plan shall be subject to a
holding period which shall expire on the first anniversary of the date the Units were purchased under the Plan (the “Holding Period”). During the Holding Period, each Employee shall be prohibited from pledging, transferring, selling or
otherwise disposing of the Units and such Units shall be held by the Employer or General Partner for the benefit of the Employee. Upon the expiration of such Holding Period, the Employee may, if he or she desires, make a request to the Employer (or
its designated third party plan administrator, if any) to receive certificates for all of such unrestricted whole Units. Otherwise, such Units shall be held without restriction (a) by the Employer or (b) in the name of the third party
administrator (or its designee), if any, for the benefit of the Employee. 

  

	6.2	Holding Period Exception. Notwithstanding the Holding Period imposed above under Section 6.1 and subject to the conditions imposed pursuant to this
Section 6.2, an Employee will be permitted to pledge, transfer, sell or otherwise dispose of his or her restricted whole Units during the one year holding period (a “Restricted Transfer”) by notifying the Employer (or its designated
third party plan administrator) of his or her intention to engage in a Restricted Transfer. If a Restricted Transfer occurs, the Employee shall be prohibited from participating in the Plan again until the first Purchase Period following the first
anniversary of the date of the Restricted Transfer. During this period of prohibition, no amounts shall be withheld from the Employee’s cash base salary or cash base wages. Such withholding shall not be allowed to resume, at the earliest, until
the first pay period following the first anniversary of the date of the Restricted Transfer. To the extent an Employee has cash amounts credited to his or her notional account under the Plan on the date of a Restricted Transfer, all such amounts
will be returned to the Employee. To the extent an Employee has a fractional Unit credited to his or her notional account under the Plan on the date of a Restricted Transfer, such fractional Unit will be liquidated and the Employee will receive his
pro rata portion of the proceeds from such liquidation. 

  

	6.3	 Investment Representation. Unless the Units subject to purchase under the Plan have been registered under the Securities Act of 1933, as amended
(the “1933 Act”), and, in the case of any Employee who may be deemed an affiliate (for securities law purposes) of the General Partner or the Partnership, such Units have been registered under the 1933 Act for resale by such Employee, or
the Partnership has determined that an exemption from registration is available, the General Partner may require prior to and as a condition of the delivery of any Units that the person purchasing such Units hereunder furnish the General Partner
with a written representation in a form prescribed by the Committee to the effect that such person is acquiring such Units solely with a view to investment for his or her own account and not with a view to the resale or distribution of all or any
part thereof, and that such person will not dispose of any of such Units otherwise than in accordance with the provisions of Rule 144 under the 1933 Act unless and until either the

  
 5 

	 	
Units are registered under the 1933 Act or the General Partner is satisfied that an exemption from such registration is available. 

 

	6.4	Compliance with Securities Laws. Notwithstanding anything herein or in any other agreement to the contrary, the Partnership shall not be obligated to sell or
issue any Units to an Employee under the Plan unless and until the Partnership is satisfied that such sale or issuance complies with (a) all applicable requirements of the securities exchange on which the Units are traded (or the governing body
of the principal market in which such Units are traded, if such Units are not then listed on an exchange), (b) all applicable provisions of the 1933 Act, and (c) all other laws or regulations by which the Partnership is bound or to which
the Partnership is subject. The General Partner acknowledges that it is an affiliate of the Partnership under securities laws and it shall comply with such laws and obligations of the Partnership relating thereto as if they were directly applicable
to the General Partner. 

 SECTION 7 
 RIGHTS OF EMPLOYEES; PARTICIPANTS 
  

	7.1	Employment. This Plan will not confer upon any Employee any right with respect to continuance of employment or other service with the General Partner, the
Partnership or one of their Affiliates, nor will it interfere in any way with any right the General Partner, the Partnership or one of their Affiliates would otherwise have to terminate such Employee’s employment or other service at any time.

  

	7.2	Nontransferability. No right to purchase Units granted under this Plan shall be assignable or transferable during the lifetime of any Employee either voluntarily
or involuntarily, or be subjected to any lien, directly or indirectly, by operation of law, or otherwise, including execution, levy, garnishment, attachment, pledge or bankruptcy. 

 

	7.3	Dividend Reinvestment. To the extent that the Partnership has a dividend reinvestment plan available to Unit holders, Employees purchasing Units pursuant to this
Plan shall be eligible to participate in such plan in the same manner as other Unit holders. 

  

	7.4	No Delivery of Fractional Units. Notwithstanding any other provision contained herein, the Employer will not be required to deliver any fractional Units to an
Employee pursuant to this Plan, although an Employee’s notional account may be credited with a fractional Unit for record keeping purposes. 

 SECTION 8 
 PLAN ADMINISTRATION 

 

	8.1	 Authority of Committee. The Plan shall be administered by the Committee. Subject to the terms of the Plan and applicable law, and in addition to
other express powers and authorizations conferred on the Committee by the Plan, the Committee shall have full power and authority to: (a) determine which persons are Employees who may participate; (b) determine the number of Units to be
purchased by an Employee; (c) determine the time and manner for purchasing Units; (d) interpret, construe and administer the Plan; (e) establish, amend, suspend, or waive such rules and regulations and appoint such agents as

  
 6 

	 	
it shall deem appropriate for the proper administration of the Plan; (f) make a determination as to the right of any person to receive Units under the Plan; (g) correct any defect,
supply any omission, or reconcile an inconsistency in the Plan; and (h) make any other determinations and take any other actions that the Committee deems necessary or desirable for the administration of the Plan. 

 

	8.2	Determination Under the Plan. Unless otherwise expressly provided in the Plan, all designations, determinations, interpretations, and other decisions under or
with respect to the Plan shall be within the sole discretion of the Committee, may be made at any time and shall be final, conclusive, and binding upon all persons, including the Partnership or any Employee. No member of the Committee shall be
liable for any action, determination or interpretation made in good faith, and all members of the Committee shall, in addition to their rights as directors, be fully protected by the General Partner with respect to any such action, determination or
interpretation. 

 SECTION 9 
 PLAN AMENDMENT, MODIFICATION AND TERMINATION 
  

	9.1	This Plan may be amended from time to time by the Committee. This Plan may be terminated at any time by the Committee and, unless Board approval is obtained for an
increase in the maximum number of available Units, shall automatically terminate when all Units authorized for purchase pursuant to the Plan have been purchased. On termination of the Plan, all amounts then remaining credited to the notional
accounts for Employees shall be returned to the affected Employees. 

 SECTION 10 

NONEXCLUSIVITY OF THE PLAN 
  

	10.1	The sponsorship of the Plan by the General Partner shall not be construed as creating any limitations on the power or authority of the General Partner to adopt such
other or additional incentive or other compensation arrangements of whatever nature as the General Partner may deem necessary or desirable or preclude or limit the continuation of any other plan, practice or arrangement for the payment of
compensation or fringe benefits to employees, non-employee directors, or consultants generally, or to any class or group of employees, directors, or consultants, which the General Partner now has lawfully put into effect, including, without
limitation, any retirement, pension, savings and stock purchase plan, insurance, death and disability benefits and executive short-term incentive plans. 

 SECTION 11 
 REQUIREMENTS OF LAW 

 

	11.1	Requirements of Law. The issuance of Units pursuant to the Plan shall be subject to all applicable laws, rules and regulations. 

 

	11.2	 Rule 16b-3. It is intended that any purchases by a person subject to Section 16 of the 1934 Act meet all of the requirements of Rule 16b-3.
If any provision of the Plan or procedure would otherwise not comply with Rule 16b-3, such provision or procedure shall be construed or deemed amended to the extent necessary to conform to the

  
 7 

	 	
applicable requirements of Rule 16b-3 so that such Employee shall avoid liability under Section 16(b) of the 1934 Act. 

 

	11.3	Code Section 409A. In the event that any provision of this Plan shall be determined to contravene Code section 409A, the regulations promulgated thereunder,
regulatory interpretations or announcements with respect to Code section 409A or applicable judicial decisions construing Code section 409A, any such provision shall be void and have no effect. Moreover, this Plan shall be interpreted at all times
in such a manner that the terms and provisions of the Plan comply with or are exempt from Code section 409A, the regulations promulgated thereunder, regulatory interpretations or announcements with respect to Code section 409A of and applicable
judicial decisions construing Code section 409A. 

  

	11.4	No Trust or Fund Created. The Plan shall not create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the
General Partner or any Affiliate and an Employee or any other Person. To the extent that any Person acquires a right to receive payments from the General Partner or any Affiliate pursuant to the Plan, such right shall be no greater than the right of
any general unsecured creditor of the General Partner or such Affiliate. 

  

	11.5	Allocation of Costs. Nothing herein shall be deemed to override, amend, or modify any cost sharing arrangement, omnibus agreement, or other arrangement between
the General Partner, the Partnership, and any Affiliate regarding the sharing of costs between those entities. 

  

	11.6	Governing Law. The validity, construction and effect of the Plan and any rules and regulations relating to the Plan shall be determined in accordance with
applicable Federal law, and to the extent not preempted thereby, with the laws of the State of Delaware, without regard to conflicts of laws principles. 

  
 8

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00197-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00197-of-00352.parquet"}]]