Document:

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                                                                    Exhibit 10.6

                      FORM OF ENSOURCE ENERGY PARTNERS, LP
                            LONG-TERM INCENTIVE PLAN

      SECTION 1. Purpose of the Plan.

      The Ensource Energy Partners, LP Long-Term Incentive Plan (the "Plan") is
intended to promote the interests of Ensource Energy Income Fund LP, a Delaware
limited partnership (the "Partnership"), by providing to employees, consultants,
and directors of Ensource Energy Partners, LP, a Delaware limited partnership
(the "Company"), and its Affiliates who perform services for the Partnership,
the Company and our Affiliates incentive compensation awards that are based on
Units for superior performance. The Plan is also contemplated to enhance the
ability of the Company and its Affiliates to attract and retain the services of
individuals who are essential for the growth and profitability of the
Partnership and to encourage them to devote their best efforts to advancing the
business of the Partnership and its subsidiaries.

      SECTION 2. Definitions.

      As used in the Plan, the following terms shall have the meanings set forth
below:

      "Affiliate" 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.

      "Award" means an Option, Restricted Unit, Phantom Unit or Unit
Appreciation Right granted under the Plan, and shall include any tandem DERs
granted with respect to a Phantom Unit, Option or Unit Appreciation Right.

      "Award Agreement" means the written agreement by which an Award shall be
evidenced.

      "Board" means the Board of Directors of the Company.

      "Change of Control" means, and shall be deemed to have occurred upon the
occurrence of one or more of the following events: (i) any sale, lease, exchange
or other transfer (in one transaction or a series of related transactions) of
all or substantially all of the assets of the Partnership or the Company to any
Person and/or its Affiliates, other than to the Partnership, the Company and/or
any of their Affiliates; or (ii) the consolidation, reorganization, merger or
other transaction pursuant to which more than 50% of the voting power of the
outstanding equity interests in the Partnership or the Company cease to be owned
by the Persons who own such interests as of the effective date of the initial
public offering of Units.

      Solely with respect to any Award that is subject to Section 409A of the
Code and to the extent that the definition of change of control under Section
409A applies to partnerships, this definition is intended to comply with the
definition of change of control under Section 409A of the Code as in effect
commencing January 1, 2005 and, to the extent that the above definition does not
so comply, such definition shall be void and of no effect and, to the extent
required to

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ensure that this definition complies with the requirements of
Section 409A of the Code, the definition of such term set forth in regulations
or other regulatory guidance issued under Section 409A of the Code by the
appropriate governmental authority is hereby incorporated by reference into and
shall form part of this Plan as fully as if set forth herein verbatim and the
Plan shall be operated in accordance with the above definition of Change of
Control as modified to the extent necessary to ensure that the above definition
complies with the definition prescribed in such regulations or other regulatory
guidance insofar as the definition relates to any Award that is subject to
Section 409A of the Code.

      "Committee" means the Compensation Committee of the Board or such other
committee of the Board appointed by the Board to administer the Plan; provided,
however, in the absence of appointment of any committee, such term means the
Board.

      "Common Unit" has the meaning given to such term in the Partnership
Agreement.

      "Consultant" means an individual who performs services for the Partnership
and is not an Employee or a Director.

      "DER" means a distribution equivalent right, which is a contingent right,
granted in tandem with a specific Award of any Unit Appreciation Right, Option
or Phantom Unit, to receive an amount in cash equal to the cash distributions
made by the Partnership with respect to a Unit during the period such Award is
outstanding.

      "Director" means a member of the Board who is not an Employee.

      "Employee" means any employee of the Company or an Affiliate who performs
services for the Partnership.

      "Exchange Act" means the Securities Exchange Act of 1934, as amended.

      "Fair Market Value" means the closing sales price of a Unit on the date of
determination (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.

      "Option" means an option to purchase Units granted under the Plan.

      "Participant" means any Employee, Consultant or Director granted an Award
under the Plan.

      "Partnership Agreement" means the Agreement of Limited Partnership of
Ensource Energy Income Fund LP, as it may be amended or amended and restated
from time to time.

      "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.

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      "Phantom Unit" means a phantom (notional) Unit granted under the Plan
which upon vesting entitles the Participant to receive a Unit or an amount of
cash equal to the Fair Market Value of a Unit, as determined by the Committee in
its discretion.

      "Restricted Period" means the period established by the Committee with
respect to an Award during which the Award remains subject to forfeiture and is
either not exercisable by or payable to the Participant, as the case may be.

      "Restricted Unit" means a Unit granted under the Plan that is subject to a
Restricted Period.

      "Rule 16b-3" means Rule 16b-3 promulgated by the SEC under the Exchange
Act, or any successor rule or regulation thereto as in effect from time to time.

      "SEC" means the Securities and Exchange Commission, or any successor
thereto.

      "UDR" means a unit distribution right, which is a distribution made by the
Partnership with respect to a Restricted Unit.

      "Unit" means a Common Unit.

      "Unit Appreciation Right" means an Award that, upon exercise, entitles the
holder to receive the excess of the Fair Market Value of a Unit on the exercise
date over the exercise price established for such Unit Appreciation Right. Such
excess may be paid in cash and/or in Units as determined by the Committee in its
discretion.

      SECTION 3. Administration.

      The Plan shall be administered by the Committee. A majority of the
Committee shall constitute a quorum, and the acts of the members of the
Committee who are present at any meeting thereof at which a quorum is present,
or acts unanimously approved by the members of the Committee in writing, shall
be the acts of the Committee. Subject to the following and any applicable law,
the Committee, in its sole discretion, may delegate any or all of its powers and
duties under the Plan, including the power to grant Awards under the Plan, to
the Chief Executive Officer of the Company, subject to such limitations on such
delegated powers and duties as the Committee may impose, if any. Upon any such
delegation all references in the Plan to the "Committee", other than in Section
7, shall be deemed to include the Chief Executive Officer; provided, however,
that such delegation shall not limit the Chief Executive Officer's right to
receive Awards under the Plan. Notwithstanding the foregoing, the Chief
Executive Officer may not grant Awards to, or take any action with respect to
any Award previously granted to, a person who is an officer subject to Rule
16b-3 or who is a member of the Board. 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: (i) designate Participants; (ii) determine the type or types of
Awards to be granted to a Participant; (iii) determine the number of Units to be
covered by Awards; (iv) determine the terms and conditions of any Award; (v)
determine whether, to what extent, and under what circumstances Awards may be
settled, exercised, canceled, or forfeited; (vi) interpret and administer the
Plan and any instrument or agreement relating to an Award made under the Plan;

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(vii) establish, amend, suspend, or waive such rules and regulations and appoint
such agents as it shall deem appropriate for the proper administration of the
Plan; and (viii) make any other determination and take any other action that the
Committee deems necessary or desirable for the administration of the Plan.
Unless otherwise expressly provided in the Plan, all designations,
determinations, interpretations, and other decisions under or with respect to
the Plan or any Award 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 Company, the Partnership, any Affiliate, any Participant,
and any beneficiary of any Award.

      SECTION 4. Units.

      (a) Limits on Units Deliverable. Subject to adjustment as provided in
Section 4(c), the number of Units with respect to which Awards may be granted
under the Plan is 1,000,000. However, there shall not be any limitation on the
number of Awards that may be granted and paid in cash. If any Award expires, is
canceled, exercised, paid or otherwise terminates without the delivery of Units,
then the Units covered by such Award, to the extent of such expiration,
cancellation, exercise, payment or termination, shall again be Units with
respect to which Awards may be granted. In the event that Units issued under the
Plan are reacquired by the Company pursuant to any forfeiture provision, such
Units shall again be available for the purposes of the Plan. In the event a
Participant pays for any Award through the delivery of previously acquired
Units, the number of Units available shall be increased by the number of Units
delivered by the Participant.

      (b) Sources of Units Deliverable Under Awards. Any Units delivered
pursuant to an Award shall consist, in whole or in part, of Units acquired in
the open market, from any Affiliate, the Partnership or any other Person, or any
combination of the foregoing.

      (c) Adjustments. In the event that the Committee determines that any
distribution (whether in the form of cash, Units, other securities, or other
property), recapitalization, Unit split, reverse Unit split, reorganization,
merger, consolidation, split-up, spin-off, combination, repurchase, 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 is
determined by the Committee to be appropriate in order to prevent dilution or
enlargement of the benefits or potential benefits intended to be made available
under the Plan, then the Committee shall, in such manner as it may deem
equitable, adjust any or all of (i) the number and type of Units (or other
securities or property) with respect to which Awards may be granted, (ii) the
number and type of Units (or other securities or property) subject to
outstanding Awards, and (iii) the grant or exercise price with respect to any
Award or, if deemed appropriate, make provision for a cash payment to the holder
of an outstanding Award; provided, that the number of Units subject to any Award
shall always be a whole number and, provided further, that the Committee shall
not take any action otherwise authorized under this subparagraph (c) to the
extent that (i) such action would cause (A) the application of Section 409A or
162(m) of the Code to the Award or (B) create adverse tax consequences under
Section 409A or 162(m) of the Code should either or both of those Code sections
apply to the Award or (ii) except as permitted in Section 7(c), materially
reduce the benefit to the Participant without the consent of the Participant.

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      SECTION 5. Eligibility.

      Any Employee, Consultant or Director shall be eligible to be designated a
Participant and receive an Award under the Plan.

      SECTION 6. Awards.

      (a) Options. Subject to the provisions of the Plan, the Committee shall
have the authority to determine the Participants to whom Options shall be
granted, the number of Units to be covered by each Option, whether DERs are
granted with respect to such Option, the purchase price therefor and the
conditions and limitations applicable to the exercise of the Option, including
the following terms and conditions and such additional terms and conditions, as
the Committee shall determine, that are not inconsistent with the provisions of
the Plan.

            (i) Exercise Price. The purchase price per Unit purchasable under an
      Option shall be determined by the Committee at the time the Option is
      granted, but shall not be less than 100% of the Fair Market Value per Unit
      on the date of grant.

            (ii) Time and Method of Exercise. The Committee shall determine the
      time or times at which an Option may be exercised in whole or in part,
      which may include, without limitation, accelerated vesting upon the
      achievement of specified performance goals, and the method or methods by
      which payment of the exercise price with respect thereto may be made or
      deemed to have been made, which may include, without limitation, cash,
      check acceptable to the Company, a "cashless-broker" exercise through
      procedures approved by the Company, other securities or other property, or
      any combination thereof, having a Fair Market Value on the exercise date
      equal to the relevant exercise price.

            (iii) Forfeiture. Except as otherwise provided in the terms of the
      Option grant, upon termination of a Participant's employment with or
      consulting services to the Company and its Affiliates or membership on the
      Board, whichever is applicable, for any reason during the applicable
      Restricted Period, all Options shall be forfeited by the Participant
      unless otherwise provided in a written agreement between the Participant
      and the Company or its affiliates. Except in circumstances where Section
      409A of the Code applies and any such waiver would contravene the
      requirements of Section 409A, the Committee may, in its discretion, waive
      in whole or in part such forfeiture with respect to a Participant's
      Options.

            (iv) DERs. To the extent provided by the Committee, in its
      discretion, a grant of Options may include a tandem DER grant, which may
      provide that such DERs be credited to a bookkeeping account subject to the
      same vesting restrictions as the tandem Options Award, or be subject to
      such other provisions or restrictions as determined by the Committee in
      its discretion. Notwithstanding any other provision of the Plan to the
      contrary, any grant of DERs with respect to Options shall contain terms
      that (i) are designed to avoid application of Section 409A of the Code to
      the Award or (ii) are designed to avoid adverse tax consequences under
      Section 409A should that Code section apply.

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      (b) Restricted Units and Phantom Units. The Committee shall have the
authority to determine the Participants to whom Restricted Units or Phantom
Units shall be granted, the number of Restricted Units or Phantom Units to be
granted to each such Participant, the Restricted Period, the conditions under
which the Restricted Units or Phantom Units may become vested or forfeited,
which may include, without limitation, the accelerated vesting upon the
achievement of specified performance goals, and such other terms and conditions
as the Committee may establish with respect to such Awards, including whether
DERs are granted with respect to the Phantom Units or UDRs are granted with
respect to Restricted Units.

            (i) DERs. To the extent provided by the Committee, in its
      discretion, a grant of Phantom Units may include a tandem DER grant, which
      may provide that such DERs be credited to a bookkeeping account (without
      interest) or that additional Phantom Units be awarded, which account or
      Phantom Units may be subject to the same vesting restrictions as the
      tandem Phantom Unit Award, or be subject to such other provisions or
      restrictions as determined by the Committee in its discretion.
      Notwithstanding any other provision of the Plan to the contrary, any grant
      of DERs with respect to Phantom Units shall contain terms that (i) are
      designed to avoid application of Section 409A of the Code to the Award or
      (ii) are designed to avoid adverse tax consequences under Section 409A
      should that Code section apply.

            (ii) UDRs. To the extent provided by the Committee, in its
      discretion, a grant of Restricted Units may provide that distributions
      made by the Partnership with respect to the Restricted Units shall be
      subject to the same forfeiture and other restrictions as the Restricted
      Unit and, if restricted, such distributions shall be held, without
      interest, until the Restricted Unit vests or is forfeited with the UDR
      being paid or forfeited at the same time, as the case may be. Absent such
      a restriction on the UDRs in the Award Agreement, UDRs shall be paid to
      the holder of the Restricted Unit without restriction.

            (iii) Forfeitures. Except as otherwise provided in the terms of the
      Restricted Units or Phantom Units grant, upon termination of a
      Participant's employment with or consulting services to the Company and
      its Affiliates or membership on the Board, whichever is applicable, for
      any reason during the applicable Restricted Period, all outstanding
      Restricted Units and Phantom Units awarded the Participant shall be
      automatically forfeited on such termination unless otherwise provided in a
      written agreement between the Participant and the Company or its
      Affiliates. Except in circumstances where Section 409A of the Code applies
      and any such waiver would contravene the requirements of Section 409A, the
      Committee may, in its discretion, waive in whole or in part such
      forfeiture with respect to a Participant's Restricted Units and/or Phantom
      Units.

            (iv) Lapse of Restrictions.

                  (A) Phantom Units. Unless a different payment time is
            specified in the Award Agreement, upon or as soon as reasonably
            practical following the vesting of each Phantom Unit, subject to the
            provisions of Section 8(b), the Participant shall be entitled to
            receive from the Company one Unit or cash equal to the Fair Market
            Value of a Unit, as determined by the Committee in its discretion.

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                  (B) Restricted Units. Upon or as soon as reasonably practical
            following the vesting of each Restricted Unit, subject to the
            provisions of Section 8(b), the Participant shall be entitled to
            have the restrictions removed from his or her Unit certificate so
            that the Participant then holds an unrestricted Unit.

      (c) Unit Appreciation Rights. The Committee shall have the authority to
determine the Participants to whom Unit Appreciation Rights shall be granted,
the number of Units to be covered by each grant, whether DERs are granted with
respect to such Unit Appreciation Right, the exercise price therefor and the
conditions and limitations applicable to the exercise of the Unit Appreciation
Right, including the following terms and conditions and such additional terms
and conditions, as the Committee shall determine, that are not inconsistent with
the provisions of the Plan.

            (i) Exercise Price. The exercise price per Unit Appreciation Right
      shall be determined by the Committee at the time the Unit Appreciation
      Right is granted, but shall not be less than 100% of the Fair Market Value
      per Unit on the date of grant.

            (ii) Time of Exercise. The Committee shall determine the Restricted
      Period, i.e., the time or times at which a Unit Appreciation Right may be
      exercised in whole or in part, which may include, without limitation,
      accelerated vesting upon the achievement of specified performance goals.

            (iii) Forfeitures. Except as otherwise provided in the terms of the
      Unit Appreciation Right grant, upon termination of a Participant's
      employment with or consulting services to the Company and its Affiliates
      or membership on the Board, whichever is applicable, for any reason during
      the applicable Restricted Period, all outstanding Unit Appreciation Rights
      awarded the Participant shall be automatically forfeited on such
      termination. Except in circumstances where Section 409A of the Code
      applies and any such waiver would contravene the requirements of Section
      409A, the Committee may, in its discretion, waive in whole or in part such
      forfeiture with respect to a Participant's Unit Appreciation Rights.

            (iv) DERs. To the extent provided by the Committee, in its
      discretion, a grant of Unit Appreciation Rights may include a tandem DER
      grant, which may provide that such DERs be credited to a bookkeeping
      account (without interest) or that additional Unit Appreciation Rights be
      awarded, which Unit Appreciation Rights may be subject to the same vesting
      restrictions as the tandem Unit Appreciation Rights Award, or be subject
      to such other provisions or restrictions as determined by the Committee in
      its discretion. Notwithstanding any other provision of the Plan to the
      contrary, any grant of DERs with respect to Unit Appreciation Rights shall
      contain terms that (i) are designed to avoid application of Section 409A
      of the Code to the Award or (ii) are designed to avoid adverse tax
      consequences under Section 409A should that Code section apply.

      (d) General.

            (i) Awards May Be Granted Separately or Together. Awards may, in the
      discretion of the Committee, be granted either alone or in addition to, in
      tandem with, or

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      in substitution for any other Award or any award granted under any other
      plan of the Company or any Affiliate. No Award shall be issued in tandem
      with another Award if the tandem Awards would result in adverse tax
      consequences under Section 409A of the Code. Awards granted in addition to
      or in tandem with other Awards or awards granted under any other plan of
      the Company or any Affiliate may be granted either at the same time as or
      at a different time from the grant of such other Awards or awards.

            (ii) Limits on Transfer of Awards.

                  (A) Except as provided in (C) below or as provided in the
            Award Agreement, each Option and Unit Appreciation Right shall be
            exercisable only by the Participant during the Participant's
            lifetime, or by the person to whom the Participant's rights shall
            pass by will or the laws of descent and distribution.

                  (B) Except as provided in (C) below, no Award and no right
            under any such Award may be assigned, alienated, pledged, attached,
            sold or otherwise transferred or encumbered by a Participant and any
            such purported assignment, alienation, pledge, attachment, sale,
            transfer or encumbrance shall be void and unenforceable against the
            Company, the Partnership or any Affiliate.

                  (C) To the extent specifically provided by the Committee with
            respect to an Option or Unit Appreciation Right grant, an Option or
            Unit Appreciation Right may be transferred by a Participant without
            consideration to immediate family members or related family trusts,
            limited partnerships or similar entities or on such terms and
            conditions as the Committee may from time to time establish.

            (iii) Term of Awards. The term of each Award shall be for such
      period as may be determined by the Committee; provided, that in no event
      shall the term of any Award exceed a period of 10 years from the date of
      its grant.

            (iv) Unit Certificates. All certificates for Units or other
      securities of the Partnership delivered under the Plan pursuant to any
      Award or the exercise thereof shall be subject to such stop transfer
      orders and other restrictions as the Committee may deem advisable under
      the Plan or the rules, regulations, and other requirements of the SEC, any
      stock exchange upon which such Units or other securities are then listed,
      and any applicable federal or state laws, and the Committee may cause a
      legend or legends to be put on any such certificates to make appropriate
      reference to such restrictions.

            (v) Consideration for Grants. Awards may be granted for such
      consideration, including services, as the Committee determines.

            (vi) Delivery of Units or other Securities and Payment by
      Participant of Consideration. Notwithstanding anything in the Plan or any
      Award Agreement to the contrary, delivery of Units pursuant to the
      exercise or vesting of an Award may be deferred for any period during
      which, in the good faith determination of the Committee, the Company is
      not reasonably able to obtain Units to deliver pursuant to such Award
      without violating the rules or regulations of any applicable law or
      securities exchange. No Units or other securities shall be delivered
      pursuant to any Award until payment in

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      full of any amount required to be paid pursuant to the Plan or the
      applicable Award Agreement (including, without limitation, any exercise
      price or tax withholding) is received by the Company. Such payment may be
      made by such method or methods and in such form or forms as the Committee
      shall determine, including, without limitation, cash, other Awards,
      withholding of Units, cashless broker exercises with simultaneous sale, or
      any combination thereof; provided, however, that the combined value, as
      determined by the Committee, of all cash and cash equivalents and the Fair
      Market Value of any such Units or other property so tendered to the
      Company, as of the date of such tender, is at least equal to the full
      amount required to be paid to the Company pursuant to the Plan or the
      applicable Award Agreement.

            (vii) Change in Control. Unless specifically provided otherwise in
      the Award Agreement, upon a Change of Control all outstanding Awards shall
      automatically vest and be payable or become exercisable in full, as the
      case may be. In this regard, all Restricted Periods shall terminate and
      all performance criteria, if any, shall be deemed to have been achieved at
      the maximum level.

            (viii) Notwithstanding any other provision of the Plan to the
      contrary, any Award granted under the Plan shall contain terms that (i)
      are designed to avoid application of Section 409A of the Code to the Award
      or (ii) are designed to avoid adverse tax consequences under Section 409A
      of the Code should that Code section apply to the Award.

      SECTION 7. Amendment and Termination.

      Except to the extent prohibited by applicable law:

      (a) Amendments to the Plan. Except as required by applicable law or the
rules of the principal securities exchange on which the Units are traded and
subject to Section 7(b) below, the Board or the Committee may amend, alter,
suspend, discontinue, or terminate the Plan in any manner, including increasing
the number of Units available for Awards under the Plan, without the consent of
any partner, Participant, other holder or beneficiary of an Award, or other
Person.

      (b) Amendments to Awards. Subject to Section 7(a), the Committee may waive
any conditions or rights under, amend any terms of, or alter any Award
theretofore granted, provided no change, other than pursuant to Section 7(c), in
any Award shall materially reduce the benefit to Participant without the consent
of such Participant.

      (c) Adjustment of Awards Upon the Occurrence of Certain Unusual or
Nonrecurring Events. The Committee is hereby authorized to make adjustments in
the terms and conditions of, and the criteria included in, Awards in recognition
of unusual or nonrecurring events (including, without limitation, the events
described in Section 4(c) of the Plan) affecting the Partnership or the
financial statements of the Partnership, or of changes in applicable laws,
regulations, or accounting principles, whenever the Committee determines that
such adjustments are appropriate in order to prevent dilution or enlargement of
the benefits or potential benefits intended to be made available under the Plan
or such Award.

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      SECTION 8. General Provisions.

      (a) No Rights to Award. No Person shall have any claim to be granted any
Award under the Plan, and there is no obligation for uniformity of treatment of
Participants. The terms and conditions of Awards need not be the same with
respect to each recipient.

      (b) Tax Withholding. The Company or any Affiliate is authorized to
withhold from any Award, from any payment due or transfer made under any Award
or from any compensation or other amount owing to a Participant the amount (in
cash, Units, other securities, Units that would otherwise be issued pursuant to
such Award or other property) of any applicable taxes payable in respect of the
grant of an Award, its exercise, the lapse of restrictions thereon, or any
payment or transfer under an Award or under the Plan and to take such other
action as may be necessary in the opinion of the Company to satisfy its
withholding obligations for the payment of such taxes.

      (c) No Right to Employment or Services. The grant of an Award shall not be
construed as giving a Participant the right to be retained in the employ of the
Company or any Affiliate, to continue as a Consultant, or to remain on the
Board, as applicable. Further, the Company or an Affiliate may at any time
dismiss a Participant from employment or terminate a consulting relationship,
free from any liability or any claim under the Plan, unless otherwise expressly
provided in the Plan, any Award Agreement or other agreement.

      (d) 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 the laws of the State of Texas, without regard to its conflict of laws
principles.

      (e) Severability. If any provision of the Plan or any Award is or becomes
or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as
to any Person or Award, or would disqualify the Plan or any Award under any law
deemed applicable by the Committee, such provision shall be construed or deemed
amended to conform to the applicable laws, or if it cannot be construed or
deemed amended without, in the determination of the Committee, materially
altering the intent of the Plan or the Award, such provision shall be stricken
as to such jurisdiction, person or Award and the remainder of the Plan and any
such Award shall remain in full force and effect.

      (f) Other Laws. The Committee may refuse to issue or transfer any Units or
other consideration under an Award if, in its sole discretion, it determines
that the issuance or transfer of such Units or such other consideration might
violate any applicable law or regulation, the rules of the principal securities
exchange on which the Units are then traded, or entitle the Partnership or an
Affiliate to recover the same under Section 16(b) of the Exchange Act, and any
payment tendered to the Company by a Participant, other holder or beneficiary in
connection with the exercise of such Award shall be promptly refunded to the
relevant Participant, holder or beneficiary.

      (g) No Trust or Fund Created. Neither the Plan nor any Award shall create
or be construed to create a trust or separate fund of any kind or a fiduciary
relationship between the Company or any participating Affiliate and a
Participant or any other Person. To the extent that

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any Person acquires a right to receive payments from the Company or any
participating Affiliate pursuant to an Award, such right shall be no greater
than the right of any general unsecured creditor of the Company or any
participating Affiliate.

      (h) No Fractional Units. No fractional Units shall be issued or delivered
pursuant to the Plan or any Award, and the Committee shall determine whether
cash, other securities, or other property shall be paid or transferred in lieu
of any fractional Units or whether such fractional Units or any rights thereto
shall be canceled, terminated, or otherwise eliminated.

      (i) Headings. Headings are given to the Sections and subsections of the
Plan solely as a convenience to facilitate reference. Such headings shall not be
deemed in any way material or relevant to the construction or interpretation of
the Plan or any provision thereof.

      (j) Facility Payment. Any amounts payable hereunder to any person under
legal disability or who, in the judgment of the Committee, is unable to properly
manage his financial affairs, may be paid to the legal representative of such
person, or may be applied for the benefit of such person in any manner which the
Committee may select, and the Company and its Affiliates shall be relieved of
any further liability for payment of such amounts.

      (k) Participation by Affiliates. In making Awards to Consultants and
Employees employed by an entity other than by the Company, the Committee shall
be acting on behalf of the Affiliate, and to the extent the Partnership has an
obligation to reimburse the Company for compensation paid to Consultants and
Employees for services rendered for the benefit of the Partnership, such
payments or reimbursement payments may be made by the Partnership directly to
the Affiliate, and, if made to the Company, shall be received by the Company as
agent for the Affiliate.

      (l) Gender and Number. Words in the masculine gender shall include the
feminine gender, the plural shall include the singular and the singular shall
include the plural.

      (m) No Guarantee of Tax Consequences. None of the Board, the Company, the
Partnership nor the Committee makes any commitment or guarantee that any
federal, state or local tax treatment will apply or be available to any person
participating or eligible to participate hereunder.

      SECTION 9. Term of the Plan.

      The Plan shall be effective on the date of its approval by the Board and
shall continue until the earlier of the date terminated by the Board or the date
Units are no longer available for issuance under the Plan. However, unless
otherwise expressly provided in the Plan or in an applicable Award Agreement,
any Award granted prior to such termination, and the authority of the Board or
the Committee to amend, alter, adjust, suspend, discontinue, or terminate any
such Award or to waive any conditions or rights under such Award, shall extend
beyond such termination date.

                                      -11-exv10wss

 

Exhibit 10(ss)

SUMMARY OF COMPENSATION ARRANGEMENTS

WITH NAMED EXECUTIVE OFFICERS

(AS OF JULY 3, 2005)

The following summarizes the current cash compensation and benefits received by the Company’s Chief
Executive Officer and its other four most highly compensated executive officers as of the end of
fiscal year 2005 (other than Thomas Lankford, who resigned from his executive officer position
effective July 2, 2005) (the “Named Executive Officers”). It is intended to be a summary of
existing oral, at will arrangements, and in no way is intended to provide any additional rights to
any of the Named Executive Officers.

The executive officers of the Company serve at the discretion of the Board of Directors. The
Compensation and Stock Option Committee of the Board (the “Committee”) reviews and determines the
salaries that are paid to the Company’s executive officers, including the Named Executive Officers.
The current salaries of the Named Executive Officers are as follows:

	 	 	 	 	 
	Richard J. Schnieders
	 	 	 	 
	Chairman of the Board, Chief Executive Officer and President

	 	$	1,050,000	 
	 
	 	 	 	 
	John K. Stubblefield, Jr.
	 	 	 	 
	Executive Vice President, Finance and Chief Financial Officer

	 	$	570,000	 
	 
	 	 	 	 
	Larry J. Accardi
	 	 	 	 
	Executive Vice President, Contract Sales; and
	 	 	 	 
	  President, Specialty Distribution Companies

	 	$	540,000	 
	 
	 	 	 	 
	Kenneth F. Spitler
	 	 	 	 
	Executive Vice President; and
	 	 	 	 
	  President of North American Foodservice Operations

	 	$	540,000	 

The Named Executive Officers are also eligible to participate in the Company’s executive and
regular benefit plans and programs, as described below. All executive benefit plans and agreements
are filed as exhibits to the Company’s Exchange Act filings. Information regarding these plans and
agreements, as well as compensation paid or earned during fiscal 2005, will be included in the
Company’s 2005 Proxy Statement.

Management Incentive Plan

The Named Executive Officers are eligible to receive an annual incentive bonus under the SYSCO
Corporation Management Incentive Plan (the “MIP”).

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Supplemental Performance-Based Bonus Plan for Chief Executive Officer

Mr. Schnieders is eligible to participate in a Supplemental Performance-Based Bonus Plan which
may result in an upward or downward adjustment to the amount of any annual incentive bonus earned
under the MIP.

Stock Election and Matching Grant

Participants in the 2000 MIP, including the Named Executive Officers, may voluntarily elect to
receive up to 40% of their annual incentive bonus in the form of SYSCO Common Stock, based on a
per-share price equal to the closing price on the New York Stock Exchange of SYSCO Common Stock on
the last trading day of the fiscal year for which the MIP bonus is calculated. If such election is
made, the participant is awarded additional matching shares on the basis of one additional share
for each two shares received in accordance with the foregoing calculation.

Participants who elect to receive a portion of their bonus in Common Stock in lieu of cash and
receive additional matching shares are entitled to receive additional cash equal to the product of:

	 	•	 	the value of such matching shares received by the participant (based on the
closing price of such shares on the last trading day of the fiscal year), and
	 
	 	•	 	the effective tax rate applicable to SYSCO.

Deferred Compensation Election

MIP participants, including the Named Executive Officers, may defer up to 40% of their annual
incentive bonus (without considering any election to receive a portion of the bonus in stock) under
the Executive Deferred Compensation Plan (“EDCP”). They may also elect to defer all or a portion of
their salary under the EDCP. For deferrals of up to 20% of the annual incentive bonus, the EDCP
provides for SYSCO to credit the participant’s deferred compensation account in an amount equal to
50% of the amount deferred.

Stock Options

The Named Executive Officers are eligible to receive options under SYSCO’s stock option plans,
including the 2004 Stock Option Plan, in such amounts and with such terms and conditions as
determined by the Committee at the time of grant.

Long-Term Incentive Cash Plan

The Named Executive Officers are eligible to participate in the SYSCO Corporation 2004
Long-Term Incentive Cash Plan.

2

 

Supplemental Executive Retirement Plan

MIP participants, including the Named Executive Officers, are also eligible to participate in
a Supplemental Executive Retirement Plan (the “SERP”).

Severance Agreements

The Named Executive Officers have Severance Agreements with the Company.

Other Benefits

The Named Executive Officers also participate in SYSCO’s regular employee benefit programs,
which include a defined benefit retirement plan, a 401(k) plan with Company match, group medical
and dental coverage, group life insurance and other group benefit plans. They are also provided
with additional life insurance benefits, as well as long-term disability coverage.

3

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