Document:

FORM OF PHANTOM UNIT AGREEMENT

 Exhibit 10.1 
 FORM OF CVR PARTNERS, LP 
 LONG-TERM INCENTIVE PLAN 

EMPLOYEE PHANTOM UNIT AGREEMENT 
 THIS AGREEMENT (this “Agreement”), made as of the      day of             ,
20     (the “Grant Date”), between CVR Partners, LP, a Delaware limited partnership (the “Partnership”), and the individual grantee designated on the signature page hereof (the
“Grantee”). 
 WHEREAS, the board of directors of CVR GP, LLC, a Delaware limited liability company (the
“General Partner”), has adopted the CVR Partners, LP Long-Term Incentive Plan (the “Plan”) in order to provide an additional incentive to certain of the Partnership’s and its Subsidiaries’ and
Parents’ employees, officers, consultants and directors; and 
 WHEREAS, the Committee responsible for administration of
the Plan has authorized the grant of Phantom Units to the Grantee as provided herein. 
 NOW, THEREFORE, the parties hereto
agree as follows: 
  

	 	1.	Grant of Phantom Units. 

 1.1 The Partnership hereby grants to the Grantee, and the Grantee hereby accepts from the Partnership,              Phantom Units on the
terms and conditions set forth in this Agreement. Subject to the terms of this Agreement, each Phantom Unit represents the right of the Grantee to receive, if such Phantom Unit becomes vested, one (1) Unit on the date specified in
Section 4. The issuance of Units upon vesting shall be subject to the Grantee’s prior execution of and becoming a party to the Agreement of Limited Partnership of CVR Partners, LP, as may be amended from time to time, and as in effect at
the time of such issuance. Further, any Units delivered to the Grantee in respect of the Phantom Units shall remain subject to the unit retention guidelines included in the Corporate Governance Guidelines of the Partnership, as in effect on the date
of the award. 
 1.2 This Agreement shall be construed in accordance with and consistent with, and subject to,
the provisions of the Plan (the provisions of which are incorporated herein by reference). Except as otherwise expressly set forth herein, the capitalized terms used in this Agreement shall have the same definitions as set forth in the Plan.

  

	 	2.	Vesting Date. 

 The Phantom Units shall vest, with respect to thirty-three and one-third percent (33 – 1/3%) of the total number of Phantom Units granted hereunder, on each of the first three anniversaries of the
Grant Date (each such date, a “Vesting Date”), provided the Grantee continues to serve as an employee of the Partnership or its Subsidiaries or Parents on the applicable Vesting Date. 

	 	3.	Termination of Employment. 

 (a) In the event of the Grantee’s termination of employment with the Partnership or one of its Subsidiaries or Parents prior to any Vesting Date by reason of his or her death, Disability or
Retirement, any Phantom Units that have not vested shall become immediately vested. 
 (b) If (i) if the
Grantee’s employment is terminated by the Partnership or one of its Subsidiaries or Parents other than for Cause or Disability at any time on or following the date the Grantee attains age 60, (ii) the Grantee’s employment is
terminated by the Partnership or one of its Subsidiaries or Parents other than for Cause or Disability within the one (1) year period following a Change in Control, (iii) the Grantee resigns from employment with the Partnership or one of
its Subsidiaries or Parents for Good Reason within the one (1) year period following a Change in Control or (iv) the Grantee’s termination or resignation is a Change in Control Related Termination (as defined in the employment
agreement between the Grantee and the General Partner), then any Phantom Units that have not vested shall become immediately vested. 
 (c) Any Phantom Units that do not become vested in connection with the Grantee’s termination of employment in accordance with Sections 3(a) or (b) of this Agreement shall be forfeited
immediately upon the Grantee’s termination of employment. 
 (d) To the extent any payments provided for
under this Agreement are treated as “nonqualified deferred compensation” subject to Section 409A of the Code, (i) this Agreement shall be interpreted, construed and operated in accordance with Section 409A of the Code and
the Treasury regulations and other guidance issued thereunder, (ii) if on the date of the Grantee’s separation from service (as defined in Treasury Regulation §1.409A-1(h)) with the Partnership or its Subsidiaries or Parents the
Grantee is a specified employee (as defined Section 409A of the Code and Treasury Regulation §1.409A-1(i)), no payment constituting the “deferral of compensation” within the meaning of Treasury Regulation §1.409A-1(b) and
after application of the exemptions provided in Treasury Regulation §§1.409A-1(b)(4) and 1.409A-1(b)(9)(iii) shall be made to the Grantee at any time prior to the earlier of (A) the expiration of the six (6) month period
following the Grantee’s separation from service or (B) the Executive’s death, and any such amounts deferred during such applicable period shall instead be paid in a lump sum to the Grantee (or, if applicable, to the Grantee’s
estate) on the first payroll payment date following expiration of such six (6) month period or, if applicable, the Grantee’s death, and (iii) for purposes of conforming this Agreement to Section 409A of the Code, any reference to
termination of employment, severance from employment, resignation from employment or similar terms shall mean and be interpreted as a “separation from service” as defined in Treasury Regulation §1.409A-1(h). 

 

	 	4.	Payment Date. 

 Within thirty (30) days following (i) each Vesting Date, or (ii) if, prior to any Vesting Date, the Grantee’s termination of employment with the Partnership or its Subsidiaries or
Parents under circumstances described in Section 3(a) or (b), the date of such termination of employment, the Partnership will deliver to the Grantee the Units underlying the Phantom Units that become vested pursuant to Section 2 or 3 of
this Agreement. 

  
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	 	5.	Non-transferability. 

 The Phantom Units may not be sold, transferred or otherwise disposed of and may not be pledged or otherwise hypothecated. 
  

	 	6.	No Right to Continued Employment. 

 Nothing in this Agreement or the Plan shall be interpreted or construed to confer upon the Grantee any right with respect to continuance of employment by the Partnership or any of its Subsidiaries or
Parents, nor shall this Agreement or the Plan interfere in any way with the right of the Partnership and its Subsidiaries and Parents to terminate the Grantee’s employment therewith at any time. 

 

	 	7.	Withholding of Taxes. 

 The Grantee shall pay to the Partnership, or the Partnership and the Grantee shall agree on such other arrangements necessary for the Grantee to pay, the applicable federal, state and local income taxes
required by law to be withheld (the “Withholding Taxes”), if any, upon the vesting of the Phantom Units and delivery of the Units. The Partnership shall have the right to deduct from any payment of cash to the Grantee any amount
equal to the Withholding Taxes in satisfaction of the Grantee’s obligation to pay Withholding Taxes. Notwithstanding the foregoing, at the Grantee’s election, the Partnership shall withhold delivery of a number of Units with a Fair Market
Value as of the vesting date equal to the Withholding Taxes in satisfaction of the Grantee’s obligations hereunder. 
  

	 	8.	Grantee Bound by the Plan. 

 The Grantee hereby acknowledges receipt of a copy of the Plan and agrees to be bound by all the terms and provisions thereof. 

 

	 	9.	Modification of Agreement. 

 This Agreement may be modified, amended, suspended or terminated, and any terms or conditions may be waived, but only by a written instrument executed by the parties hereto. No waiver by either party
hereto of any breach by the other party hereto of any provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions at the time or at any prior or subsequent time. 

 

	 	10.	Severability. 

 Should any provision of this Agreement be held by a court of competent jurisdiction to be unenforceable or invalid for any reason, the remaining provisions of this Agreement shall not be affected by such
holding and shall continue in full force in accordance with their terms. 

  
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	 	11.	Governing Law. 

 The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of Delaware without giving effect to the conflicts of laws principles thereof.

  

	 	12.	Successors in Interest. 

 This Agreement shall inure to the benefit of and be binding upon any successor to the Partnership. This Agreement shall inure to the benefit of the Grantee’s beneficiaries, heirs, executors,
administrators, successors and legal representatives. All obligations imposed upon the Grantee and all rights granted to the Partnership under this Agreement shall be final, binding and conclusive upon the Grantee’s beneficiaries, heirs,
executors, administrators, successors and legal representatives. 
  

	 	13.	Resolution of Disputes. 

 Any dispute or disagreement which may arise under, or as a result of, or in any way relate to, the interpretation, construction or application of this Agreement shall be determined by the Committee. Any
determination made hereunder shall be final, binding and conclusive on the Grantee and the Partnership for all purposes. 

[signature page follows] 

  
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 IN WITNESS WHEREOF, this Agreement has been executed as of the date first written above.

  

					
	 CVR PARTNERS, LP
 By: CVR
GP, LLC, its general partner
	 		 	GRANTEE
			
	  	 		 	  
	By:	 		 	Name:
	Title:Employment Agreement

 Exhibit 10.19 
 EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT AGREEMENT dated as of
August 1, 2011, by and between PIEDMONT NATURAL GAS COMPANY, INC., a North Carolina corporation (the “Corporation”), and, JANE LEWIS-RAYMOND, (the “Officer”). 

W I T N E S S E T H: 
 WHEREAS, the Board of Directors of the Corporation has determined that the continued retention of the services of the Officer on a long-term basis as described herein is in the best interest of the
Corporation in that (a) it promotes the stability of senior management of the Corporation; (b) it enables the Corporation to obtain and retain the services of a well-qualified executive officer with extensive contacts in the natural gas
industry; and (c) it secures the continued services of the Officer notwithstanding any change in control of the Corporation; and 
 WHEREAS, the services of the Officer, her experience and knowledge of the Corporation’s industry, and her reputation and contacts in the Corporation’s industry are valuable to the Corporation;
and 
 WHEREAS, the Corporation considers the establishment and maintenance of a sound and vital management to be part of its
overall corporate strategy and to be essential to protecting and enhancing the best interests of the Corporation and its stockholders; and 
 WHEREAS, the parties desire to enter into this Agreement in order to clearly set forth the terms and conditions of the Officer’s employment relationship with the Corporation; and 

WHEREAS, prior to this Agreement, the parties entered into a Severance Agreement (the “Severance Agreement”), which sets forth
certain rights and obligations of the Officer and certain rights and obligations of the Corporation in the event of a “Potential Change of Control” (as defined in the Severance Agreement) or following a “Change in Control” (as
defined in the Severance Agreement). Use of the phrases “Potential Change of Control” and “Change in Control” herein shall have the meanings ascribed to those phrases in the Severance Agreement. 

NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, the parties hereby agree as follows: 

1. Employment. The Corporation hereby employs the Officer and the Officer hereby accepts such employment, upon the terms and
conditions stated herein, as Senior Vice President – General Counsel, Corporate Secretary & Chief Compliance & Community Affairs Officer of the Corporation. The Officer shall render such administrative and management services
to the Corporation as are customarily performed by persons situated in a similar executive capacity. The Officer shall promote the business of the Corporation and perform such other duties as shall from time to time be reasonably prescribed by the
Directors or the Chief Executive Officer of the Corporation. It is understood that the Officer’s continued election as an officer of the Corporation is 

 
dependent upon action by the Board of Directors of the Corporation from time to time and that, subject to the provisions of Section 7 of this Agreement, the Officer’s title and/or
duties may change from time to time; provided that following a Change in Control and during the term of the Severance Agreement any action affecting a change in title and/or duties shall be subject to the Severance Agreement. 

2. Base Salary. The Corporation shall pay the Officer during the term of this Agreement as compensation for all services rendered
by her to the Corporation a base salary in such amounts and at such intervals as shall be commensurate with her duties and responsibilities hereunder. Initially such base salary shall be at the rate of $326,000 per year. The Officer’s base
salary may be increased from time to time to reflect the duties required of the Officer. In reviewing the Officer’s base salary, the Board of Directors of the Corporation shall consider the overall performance of the Corporation, the overall
performance of the Officer and the service of the Officer rendered to the Corporation and its subsidiaries and changes in the cost of living. The Board of Directors may also provide for performance or merit increases. Participation by Officer in any
incentive, deferred compensation, stock option, stock purchase, bonus, pension, life insurance or other employee benefit plans which may be offered by the Corporation from time to time and participation in any fringe benefits provided by the
Corporation shall not cause a reduction of the base salary payable to the Officer. The Officer will be entitled to such customary fringe benefits, vacation and sick leave as are consistent with the normal practices and established policies of the
Corporation. 
 3. Participation in Incentive, Retirement and Employee Benefit Plans; Fringe Benefits. The Officer shall
be entitled to participate in any plan relating to incentive compensation, stock options, stock purchase, pension, thrift, profit sharing, group life insurance, medical coverage, disability coverage, education, or other retirement or employee
benefits that the Corporation has adopted, or may from time to time adopt, for the benefit of its executive employees and for employees generally, subject to the eligibility rules of such plans. 

The Officer shall also be entitled to participate in any other fringe benefits which are now or may be or become applicable to the
Corporation’s executive employees, including the payment of reasonable expenses for attending annual and periodic meetings of trade associations, and any other benefits which are commensurate with the duties and responsibilities to be performed
by the Officer under this Agreement. Additionally, the Officer shall be entitled to such vacation and sick leave as shall be established under uniform employee policies promulgated by the Board of Directors. The Corporation shall reimburse the
Officer for all out-of-pocket reasonable and necessary business expenses which the Officer may incur in connection with her service on behalf of the Corporation. 
 4. Term. The initial term of employment under this Agreement shall be for a one-year period commencing August 1, 2011; provided that this Agreement shall automatically be extended to a
full one-year period on each successive day during the term of this Agreement. The effect hereof shall be that the Agreement shall at all times remain subject to a term of one year, unless (i) written notice has been given that the Agreement
shall not be extended as provided in this Section 4, or (ii) the Agreement is terminated pursuant to Section 7. If written notice from the Corporation or the Officer is delivered to the other party advising the other party that this
Agreement is not to be further extended, then upon such notice, the Agreement shall terminate on the anniversary of the 
 date of notice.
Provided, further, no extension shall cause this Agreement to extend beyond the date on which the Officer reaches 65 years of age. Upon any extension, the base salary of the extended agreement shall be the base salary in effect on the
effective date of such extension. 

  
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 5. Loyalty; Noncompetition 

(a) The Officer shall devote her best efforts to the performance of her duties and responsibilities under this Agreement.

 (b) During the term of this Agreement, or any renewals hereof, the Officer agrees she will not, own, manage,
operate, join, control or participate in the management, operation or control of, or be employed by or connected in any manner with any business which competes with the Corporation or any of its subsidiary corporations without the prior written
consent of the Corporation. Notwithstanding the foregoing, the Officer shall be free, without such consent, to purchase or hold as an investment or otherwise, up to five percent of the outstanding stock or other securities of any corporation which
has its securities publicly traded on any recognized securities exchange or in any established over-the-counter market. 
 The Officer shall hold in confidence all knowledge or information of a confidential nature with respect to the business of the Corporation or any subsidiary of the Corporation received by her during the
term of this Agreement and will not disclose or make use of such information without the prior written consent of the Corporation. 
 The Officer acknowledges that it would not be possible to ascertain the amount of monetary damages in the event of a breach by the Officer under the provisions of this Section 5 and agrees that, in
the event of a breach of this Section, injunctive relief enforcing the terms of this Section is an appropriate remedy. 
 6.
Standards. The Officer shall perform her duties and responsibilities under this Agreement in accordance with such reasonable standards expected of employees with comparable positions in comparable organizations and as may be established from
time to time by the Board of Directors. The Corporation will provide the Officer with the working facilities and staff customary for similar executives and necessary for her to perform her duties. 

7. Termination and Termination Pay. 
 (a) Change of Control. Following a Change in Control and during the term of the Severance Agreement, this Agreement shall become null and void except with respect to any rights or obligations
accruing prior to the Change in Control and the rights and obligations of the Officer and the Company, including any termination of the Officer, shall be subject to the provisions of the Severance Agreement. 

(b) By Death. The Officer’s employment under this Agreement shall be terminated upon the death of the Officer
during the term of this Agreement, in which event the Officer’s estate shall be entitled to receive all compensation due the Officer through the last day of the calendar month in which her death shall have occurred. 

  
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 (c) By Total Disability. Except for that period of time following a
Change in Control and during the term of the Severance Agreement, the Officer’s employment under this Agreement shall be terminated upon the total permanent disability of the Officer during the term of this Agreement, in which event the Officer
shall receive all compensation, including bonuses, through the date of determination of such disability and for a period of 90 days thereafter. For purposes of this Section, the Officer shall be deemed to have suffered permanent disability upon the
determination of such status by the United States Social Security Administration or a certification to such effect by the Officer’s regular physician. 
 (d) By Officer. Except as provided in Section 4 of the Severance Agreement, the Officer’s employment under this Agreement may be terminated at any time by the Officer upon 60 days’
written notice to the Board of Directors. Upon such termination, the Officer shall be entitled to receive all compensation, including bonuses, through the effective date of such termination. 

(e) By Corporation. Except for that period of time following a Change of Control and during the term of the
Severance Agreement, the Board of Directors may terminate the Officer’s employment at any time, but any such termination by the Board of Directors, other than termination for cause, shall not prejudice the Officer’s right to continue to
receive payment of all compensation and the continuance of benefits for a period of 12 months from the effective date of termination or until such time as the Officer reaches 65 years of age (whichever is less). The Officer shall have no right to
receive compensation or other benefits (other than vested benefits) for any period after “termination for cause.” Termination for cause shall mean termination because of the Officer’s personal dishonesty, incompetence, willful
material misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful material violation of a law, rule or regulation (other than traffic or traffic-related violations or similar offenses) or
final cease-and-desist order, or material breach of any provisions of this Agreement. 
 (f) Costs and
Expenses. In the event any dispute shall arise between the Officer and the Corporation as to the terms or interpretation of this Agreement, including this Section 7, whether instituted by formal legal proceedings or otherwise, including any
action taken by Officer to enforce the terms of this Section 7 or in defending against any action taken by the Corporation, the Corporation shall reimburse the Officer for all costs and expenses, proceedings or actions in the event the Officer
prevails in any such action. 
 8. Successors and Assigns. 

(a) This Employment Agreement shall inure to the benefit of and be binding upon any corporate or other successor of the
Corporation that shall acquire, directly or indirectly, by conversion, merger, consolidation, purchase or otherwise, all or substantially all of the assets of the Corporation. 

(b) Since the Corporation is contracting for the unique and personal skills of the Officer, the Officer shall be precluded
from assigning or delegating her rights or duties hereunder without first obtaining the written consent of the Corporation. 

  
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 9. Code Section 409A. 

(a) Delay of Certain Payments. Notwithstanding anything in this Agreement to the contrary, if any amount or benefit that the
Company determines would constitute non-exempt “deferred compensation” for purposes of Section 409A of the Internal Revenue Code of 1986 (the “Code”) would otherwise be payable or distributable under this Agreement by reason
of the Officer’s termination of employment, then to the extent necessary to comply with Code Section 409A: 
 (i) if the payment or distribution is payable in a lump sum, the Officer’s right to receive payment or distribution of such non-exempt deferred compensation will be delayed until the earlier of the
Officer’s death or the seventh month following the Officer’s termination of employment; and 
 (ii) if
the payment or distribution is payable over time, the amount of such non-exempt deferred compensation that would otherwise be payable during the six (6) month period immediately following the Officer’s termination of employment will be
accumulated and the Officer’s right to receive payment or distribution of such accumulated amount will be delayed until the earlier of the Officer’s death or the seventh month following the Officer’s termination of employment and paid
on the earlier of such dates, without interest, and the normal payment or distribution schedule for any remaining payments or distributions will commence. 
 (b) Expense Reimbursements. To the extent any expense reimbursement or in-kind benefit to which the Officer is or may be entitled to receive under this Agreement constitutes non-exempt
“deferred compensation” for purposes of Section 409A of the Code, then (i) such reimbursement shall be paid to the Officer as soon as administratively practicable after the Officer submits a valid claim for reimbursement, but in
no event later than the last day of the Officer’s taxable year following the taxable year in which the expense was incurred, (ii) the amount of expenses eligible for reimbursement, or in-kind benefits provided, during any taxable year of
the Officer shall not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other taxable year of the Officer, and (iii) the Officer’s right to reimbursement or in-kind benefits shall not be subject to
liquidation or exchange for another benefit. 
 10. Modification; Waiver; Amendments. No provision of this Agreement may
be modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing, signed by the Officer and on behalf of the Corporation by such officer as may be specifically designated by the Board of Directors. No waiver by
either party hereto at any time of any breach by the other party hereto of, or compliance with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or
conditions at the same or at any prior or subsequent time. No amendments or additions to this Agreement shall be binding unless in writing and signed by both parties, except as herein otherwise provided. Any modification, waiver or amendment shall
be made consistent with the terms and conditions of the Severance Agreement. 

  
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 11. Applicable Law. This Agreement shall be governed in all respects whether as to
validity, construction, capacity, performance or otherwise, by the laws of North Carolina. 
 12. Severability. The
provisions of this Agreement shall be deemed severable and the invalidity or unenforceability of any provision shall not affect the validity or enforceability of the other provisions hereof. 

IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first hereinabove written. 

 

									
		 		 	CORPORATION:
			
	ATTEST:	 		 	Piedmont Natural Gas Company, Inc.
			
	/s/ Judy Z. Mayo	 		 	
	Assistant Secretary	 		 	
		 		 		 	By:	 	/s/ Thomas E. Skains
		 		 		 		 	Thomas E. Skains
		 		 		 		 	President and Chief Executive Officer
				
		 		 		 	OFFICER:
					
		 		 		 	By:	 	/s/ Jane Lewis-Raymond
		 		 		 		 	Jane Lewis-Raymond
		 		 		 	Address:	 	Address as shown on the Company’s
		 		 		 		 	payroll records for the Officer

  
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