Document:

exv10w8

 

Exhibit 10.8

QUICKSILVER GAS SERVICES LP

PHANTOM UNIT AWARD AGREEMENT

     Director:
______________________________

     Number of Phantom Units: 
_______________

     Date of
Grant: [_________] [___], [_____________]

     1. Under the terms and conditions of the Quicksilver Gas Services LP 2007 Equity Plan (the
“Plan”), a copy of which is attached hereto and incorporated herein by reference, Quicksilver Gas
Services LP, a Delaware limited partnership (the “Partnership”), grants to the individual whose
name is set forth above (the “Director”) the number of Phantom Units set forth above. Terms not
defined in this Agreement have the meanings set forth in the Plan.

     2. One-third (1/3rd) of the Phantom Units will become vested on the first business
day of each of the first three calendar years beginning after the Date of Grant, provided that the
Director has remained a member of the Board through such date (and further provided that in no
event will the Director become entitled to receive a fraction of a Unit). If the Director ceases
to be a member of the Board, all nonvested Phantom Units will be forfeited immediately.
Notwithstanding the foregoing, in the event of a Change in Control while the Director is a member
of the Board, any nonvested Phantom Units will automatically become 100% vested.

     3. Each Phantom Unit will entitle the Director to receive one Unit with respect to each such
Phantom Unit that becomes vested. Payment will be evidenced by book entry registration (or by a
certificate registered in the name of the Director) as of the date that the Phantom Units become
vested in accordance with Section 2.

     4. The Director will have none of the rights of a unitholder of the Partnership with respect
to any Units underlying the Phantom Units, including the right to vote such Units or receive any
distributions that may be paid thereon until such time, if any, that the Director has been
determined to be a unitholder of record by the Partnership’s transfer agent or one or more
certificates of Units are delivered to the Director in settlement thereof.

     5. The Director hereby accepts and agrees to be bound by all the terms and conditions of the
Plan and this Agreement. Any amendment to the Plan will be deemed to be an amendment to this
Agreement to the extent that the Plan amendment is applicable hereto; provided, however, that no
amendment will adversely affect the rights of the Director under this Agreement without the
Director’s consent.

ACCEPTED:
 
 

	 	 	 
	 
	 	 
	 	 	 
	Signature of Directorexv10w9

 

Exhibit 10.9

QUICKSILVER GAS SERVICES LP

PHANTOM UNIT AWARD AGREEMENT

     Director:
______________________________

     Number of Phantom Units: 
_______________

     Date of
Grant: [_________] [___], [_____________]

     1. Under the terms and conditions of the Quicksilver Gas Services LP 2007 Equity Plan (the
“Plan”), a copy of which is attached hereto and incorporated herein by reference, Quicksilver Gas
Services LP, a Delaware limited partnership (the “Partnership”), grants to the Director named above
the number of Phantom Units set forth above. Terms not defined in this Agreement have the meanings
set forth in the Plan.

     2. The Phantom Units will become fully vested on the first business day of the first calendar
year beginning after the Date of Grant, provided that the Director has remained a member of the
Board through such date. Notwithstanding the foregoing, in the event of a Change in Control while
the Director is a member of the Board, any nonvested Phantom Units will automatically become 100%
vested. If the Director ceases to be a member of the Board prior to such date, the nonvested
Phantom Units will be forfeited immediately.

     3. Each Phantom Unit will entitle the Director to receive one Unit with respect to each such
Phantom Unit that becomes vested. Payment will be evidenced by book entry registration (or by a
certificate registered in the name of the Director) as of the date that the Phantom Units become
vested in accordance with Section 2.

     4. The Director will have none of the rights of a unitholder of the Partnership with respect
to any Units underlying the Phantom Units, including the right to vote such Units or receive any
distributions that may be paid thereon until such time, if any, that the Director has been
determined to be a unitholder of record by the Partnership’s transfer agent or one or more
certificates of Units are delivered to the Director in settlement thereof.

     5. The Director hereby accepts and agrees to be bound by all the terms and conditions of the
Plan and this Agreement. Any amendment to the Plan will be deemed to be an amendment to this
Agreement to the extent that the Plan amendment is applicable hereto; provided, however, that no
amendment will adversely affect the rights of the Director under this Agreement without the
Director’s consent.

ACCEPTED:
 

	 	 	 
	 
	 	 
	 	 	 
	Signature of Directorexv10w10

 

Exhibit 10.10

QUICKSILVER GAS SERVICES LP

PHANTOM UNIT AWARD AGREEMENT

     Director:
______________________________

     Number of Phantom Units: 
_______________

     Date of Grant:
__________________________

     1. Under the terms and conditions of the Quicksilver Gas Services LP 2007 Equity
Plan (the “Plan”), a copy of which is attached hereto and incorporated herein by reference,
Quicksilver Gas Services LP, a Delaware limited partnership (the “Partnership”), grants to the
Participant named above the number of Phantom Units set forth above. Terms not defined in this
Agreement have the meanings set forth in the Plan.

     2. One-third (1/3rd) of the Phantom Units will become vested on the first
business day coinciding with or following each of the first three anniversaries of the Date of
Grant (the “Vesting Dates”), provided that the Participant has remained an employee of the Company
or its Affiliates through each such Vesting Date (and further provided that in no event will the
Participant become entitled to settlement of a fraction of a Unit).

     3. Notwithstanding the Vesting Dates described above, in the event of a Change in
Control while the Participant is employed by the Company or an Affiliate or in the event that the
Participant terminates employment with the Company or its Affiliates by reason of disability (as
determined by the Committee in good faith) or death, the nonvested Phantom Units will immediately
become 100% vested. If the Participant terminates employment with the Company and its Affiliates
for any reason other than such disability or death, any nonvested Phantom Units will be forfeited
immediately.

     4. Each vested Phantom Unit will entitle the Participant to receive a lump sum cash
payment equal to the Market Value per Unit determined as of the date the Phantom Units become
vested. Payment will be made as soon as practicable following the date the Phantom Units become
vested, but in no event later than 10 days after such date. In no event will payment be made later
than March 15 of the calendar year following the calendar year in which the Phantom Units become
vested.

     5. The Participant will have none of the rights of a unitholder of the Partnership
with respect to any Units underlying the Phantom Units, including the right to vote such Units or
receive any distributions that may be paid thereon. Furthermore, nothing herein will confer upon
the Participant any right to remain in the employ of the Company or an Affiliate.

     6. The Participant hereby accepts and agrees to be bound by all the terms and
conditions of the Plan and this Agreement. Any amendment to the Plan will be deemed to be an
amendment to this Agreement to the extent that the Plan amendment is applicable hereto; provided,
however, that no amendment will adversely affect the rights of the Participant under this Agreement
without the Participant’s consent.

ACCEPTED:
 

	 	 	 
	 
	 	 
	 	 	 
	Signature of Participantexv10w11

 

Exhibit 10.11

QUICKSILVER GAS SERVICES LP

PHANTOM UNIT AWARD AGREEMENT

	 	 	 
	     Participant:
	 	 
	 	 	 

	 	 	 
	     Number of Phantom Units:
	 	 
	 	 	 

	 	 	 
	     Date of Grant:
	 	 
	 	 	 

     1. Under the terms and conditions of the Quicksilver Gas Services LP 2007 Equity
Plan (the “Plan”), a copy of which is attached hereto and incorporated herein by reference,
Quicksilver Gas Services LP, a Delaware limited partnership (the “Partnership”), grants to the
Participant named above the number of Phantom Units set forth above. Terms not defined in this
Agreement have the meanings set forth in the Plan.

     2. One-third (1/3rd) of the Phantom Units will become vested on the first
business day coinciding with or following each of the first three anniversaries of the Date of
Grant (the “Vesting Dates”), provided that the Participant has remained an employee of the Company
or its Affiliates through each such Vesting Date (and further provided that in no event will the
Participant become entitled to settlement of a fraction of a Unit).

     3. Notwithstanding the Vesting Dates described above, in the event of a Change in
Control while the Participant is employed by the Company or an Affiliate or in the event that the
Participant terminates employment with the Company or its Affiliates by reason of disability (as
determined by the Committee in good faith) or death, the nonvested Phantom Units will immediately
become 100% vested. If the Participant terminates employment with the Company and its Affiliates
for any reason other than such disability or death, any nonvested Phantom Units will be forfeited
immediately.

     4. Each vested Phantom Unit will entitle the Participant to receive a lump sum cash
payment equal to the Market Value per Unit determined as of the date the Phantom Units become
vested. Payment will be made as soon as practicable following the date the Phantom Units become
vested, but in no event later than 10 days after such date. In no event will payment be made later
than March 15 of the calendar year following the calendar year in which the Phantom Units become
vested.

     5. The Participant will have none of the rights of a unitholder of the Partnership
with respect to any Units underlying the Phantom Units, including the right to vote such Units or
receive any distributions that may be paid thereon. Furthermore, nothing herein will confer upon
the Participant any right to remain in the employ of the Company or an Affiliate.

     6. The Participant hereby accepts and agrees to be bound by all the terms and
conditions of the Plan and this Agreement. Any amendment to the Plan will be deemed to be an
amendment to this Agreement to the extent that the Plan amendment is applicable hereto; provided,
however, that no amendment will adversely affect the rights of the Participant under this Agreement
without the Participant’s consent.

ACCEPTED:

	 	 	 
	 
	 	 
	 
	 	 
	 	 	 
	Signature of Participant

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