Document:

Laura Ozenberger Employment Agreement

 Exhibit 10.8 
 EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT
AGREEMENT (this “Agreement”) is made and entered into this 1st day of October, 2007, by and between Inergy GP, LLC, a Delaware limited
liability company (the “Company”), and Laura Ozenberger, an individual (“Employee”). 
 The Company
and Employee hereby agree as follows: 
 1. Employment. Employee is currently employed by the Company as the Company’s Senior Vice
President – General Counsel upon and subject to the terms and conditions of this Agreement. During the term of her employment under this Agreement, Employee shall report to the Company’s President or Chief Executive Officer. Employee shall
continue to serve as part of the Company’s senior management team which sets the strategic direction of the Company. Employee shall begin her employment with the Company under this Agreement on October 1, 2007. 
 2. Duties. During the term of her employment under this Agreement, Employee will perform her duties hereunder at such time or times as the Company
may reasonably request. Employee’s duties may be varied by the Company from time to time without violating the terms of this Agreement, provided such duties are generally consistent with those of a general counsel, and shall include:
(i) devoting her best efforts and her entire business time to further properly the interests of the Company to the satisfaction of the Company, (ii) being subject to the Company’s direction and control at all times with respect to her
activities on behalf of the Company, (iii) complying with all rules, orders, regulations, policies, practices and decisions of the Company, (iv) truthfully and accurately maintaining and preserving all records and making all reports as the
Company may require, and (v) fully accounting for all monies and other property of the Company of which she may from time to time have custody and delivering the same to the Company whenever and however directed to do so. 
 3. Compensation. Commencing as of October 1, 2007, for all services rendered by Employee to the Company, the Company shall pay Employee a
salary (the “Salary”) at the annual rate of Two Hundred Thousand Dollars ($200,000), payable in arrears in accordance with the Company’s general payroll practices. All payments and benefits provided pursuant to this Agreement
are subject to income tax withholding and other applicable tax and withholding requirements. The Salary will be reviewed from time to time by the Company but no less often than annually and may be increased, but not decreased, by the Company in its
discretion. 
 4. Expenses. The Company shall reimburse Employee for all ordinary and necessary out-of-pocket expenses incurred and
paid by Employee in the course of the performance of Employee’s duties pursuant to this Agreement and consistent with the Company’s policies in effect from time to time with respect to travel, entertainment and other business expenses, and
subject to the Company’s requirements with respect to the manner of approval and reporting of such expenses. 

 5. Additional Benefits. 
 (a) Employee shall be eligible for such fringe benefits, if any, by way of insurance, hospitalization and vacations normally provided to
other members of the executive management of the Company generally and such additional benefits as may be from time to time agreed upon in writing between Employee and the Company. 
 (b) For each fiscal year during the term of this Agreement, the Company agrees to pay Employee a performance bonus based on subjective and
objective criteria established by the Company from time to time. If, and to the extent, the Company determines that Employee has met such subjective and objective criteria, Employee will receive a cash bonus in an amount up to $200,000, to be paid
within 90 days after the end of the relevant fiscal year. Notwithstanding the foregoing, in order to receive a bonus pursuant to this Section 5(b), Employee must have been continuously employed by the Company from October 1, 2007
until the end of the relevant fiscal year. 
 6. Covenant Not to Disclose Confidential Information. Employee acknowledges that during
the course of her employment with the Company Employee has or will have access to and knowledge of certain information and data that the Company or any subsidiary, parent or affiliate of the Company considers confidential and that the release of
such information or data to unauthorized persons or entities would be extremely detrimental to the Company. As a consequence, Employee hereby agrees and acknowledges that she owes a duty to the Company not to disclose, and agrees that, during or
after the term of her employment, without the prior written consent of the Company, she will not communicate, publish or disclose, to any person or entity anywhere or use (for her own benefit or the benefit of others) any Confidential Information
(as hereinafter defined) for any purpose other than carrying out her duties as contemplated by this Agreement. Employee will use her best efforts at all times to hold in confidence and to safeguard any Confidential Information to ensure that any
unauthorized persons or entities do not gain possession of any Confidential Information and, in particular, will not permit any Confidential Information to be read, duplicated or copied. Employee will return to the Company all originals and copies
of documents and other materials, whether in printed or electronic format or otherwise, containing or derived from Confidential Information in Employee’s possession or under Employee’s control when the duties of Employee no longer require
Employee’s possession thereof, or whenever the Company shall so request, and in any event will return all such Confidential Information within ten (10) days if the employment relationship with the Company is terminated for any or no reason
and will not retain any copies thereof. Employee acknowledges that Employee is obligated to protect the Confidential Information from disclosure or use even after termination of such employment relationship. For purposes hereof, the term
“Confidential Information” shall mean any information or data used by or belonging or relating to the Company or any subsidiary, parent or affiliate of the Company, or any party to whom the Company owes a duty of confidentiality
that is not known generally to the industry in which the Company or any subsidiary, parent or affiliate of the Company, or any party to whom the Company owes a duty of confidentiality is or may be engaged, including, but not limited to, any and all
trade secrets, proprietary data and information relating to the Company’s or any subsidiary, parent or affiliate of the Company’s, or any party to whom the Company owes a duty of confidentiality past, present or future business and
products, price lists, customer lists, processes, procedures or standards, know-how, manuals, hardware, software, 

  

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source code, business strategies, records, marketing plans, drawings, technical information, specifications, designs, patent information, financial
information, whether or not reduced to writing, or information or data that the Company or any subsidiary, parent or affiliate of the Company or any party to whom the Company owes a duty of confidentiality advises Employee should be treated as
confidential information. Confidential Information does not include any information that: (i) is rightfully known to Employee prior to Employee’s employment, and independent of any disclosure or access to the information via the Company as
evidenced by Employee’s written records; or (ii) is or later becomes part of the public domain and known within the relevant industry through no fault of Employee. 
 7. Disclosure and Assignment of Intellectual Property. 
 (a) Employee agrees that the Company shall become the owner of all inventions, discoveries, developments, ideas, writings, and
expressions, including, but not limited to, any and all concepts, improvements, techniques, know-how, innovations, systems, processes, machines, current or proposed products, works, information, reports, papers, logos, computer programs, designs,
marketing materials, and methods of manufacture, distribution, management or other methods (whether or not reduced to writing and whether or not patentable or protectable by copyright), that Employee conceives, develops, creates, makes, perfects or
reduces to practice in whole or in part while employed by the Company or within one (1) year after termination of Employee’s employment for any or no reason, and that: (i) directly or indirectly relate to or arise out of
Employee’s job responsibilities for the Company or the performance of the duties of Employee’s employment by the Company; (ii) result from research, development, or other activities of the Company; or (iii) relate or pertain in
any way to the existing or reasonably anticipated scope, business or products of the Company or any subsidiary, parent or affiliate of the Company (hereinafter the “Intellectual Property”). All of the right, title and interest in
and to the Intellectual Property shall become exclusively owned by the Company or its nominee regardless of whether or not the conception, development, creation, making, perfection or reduction to practice of such Intellectual Property involved the
use of the Company’s time, facilities or materials and regardless of where such Intellectual Property may be conceived, made or perfected. 
 (b) Employee agrees to promptly and fully disclose in writing to the Company all inventions, discoveries, developments, ideas, writings, and expressions conceived, developed, created, made, perfected or reduced to
practice, in whole or in part, while employed by the Company or within one (1) year after termination of Employee’s employment for any or no reason, regardless of whether Employee believes the invention, discovery, development, writing,
expression or idea should be considered Intellectual Property of the Company under any provision of this Agreement, in order to enable the Company to make a determination as to its rights with respect to the same. 
 (c) Any and all information relating to Intellectual Property shall be considered Confidential Information and shall not be disclosed by
Employee to any person or entity outside of the Company. 
  

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 (d) Any Intellectual Property that is the subject of copyright shall be considered a
“work made for hire” within the meaning of the Copyright Act of 1976, as amended, and shall be the sole property of the Company or its nominee. To the extent that the Company does not automatically own any such Intellectual Property as a
work made for hire, Employee shall assign all right, title and interest in and to such Intellectual Property to the Company. All right, title and interest in and to any other Intellectual Property, including, but not limited to, patent, industrial
design, trademark, trade dress and trade secret rights shall be assigned and is hereby assigned exclusively to the Company or its nominee. Employee further agrees to execute and deliver all documents and do all acts that the Company shall deem
necessary or desirable to secure to the Company or its nominee the entire right, title and interest in and to the Intellectual Property, including, but not limited to, executing applications for any United States and/or foreign patents or copyright
registrations, disclosing relevant prior art, reviewing office actions and providing technical input to assist the Company in overcoming any rejections. Any document prepared and filed pursuant to this Section 7(d) shall be prepared and
filed at the Company’s expense. Employee further agrees to cooperate with the Company as reasonably necessary to maintain or enforce the Company’s rights in the Intellectual Property. Employee hereby irrevocably appoints the President of
the Company as Employee’s attorney-in-fact with authority to execute for Employee and on Employee’s behalf any and all assignments, patent or copyright applications, or other instruments and documents required to be executed by Employee
pursuant to this Section 7(d), if Employee is unwilling or unable to execute same. 
 (e) The Company shall have
no obligation to use, attempt to protect by patent or copyright, or promote any of the Intellectual Property; provided, however, that the Company, in its sole discretion, may reward Employee for any especially meritorious contributions in any manner
it deems appropriate or may provide Employee with full or partial releases as to any subject matter contributed by Employee in which the Company is not interested. 
 8. Legal Proceedings to Compel Disclosure. In the event that Employee is requested pursuant to, or required by, applicable law, regulation, or legal process, to disclose any Confidential Information or
Intellectual Property, Employee shall notify the Company of such request within five (5) days of such request being made and shall enable the Company or any subsidiary, parent or affiliate of the Company to seek an appropriate protective order.
In the event that such a protective order or other protective remedy is not obtained, Employee shall furnish only that portion of the Confidential Information or Intellectual Property that, in the opinion of Employee’s counsel, is legally
required and will exercise Employee’s best efforts to obtain reliable assurances that confidential treatment will be accorded the Confidential Information or Intellectual Property. 
 9. Covenant Not to Compete. Employee acknowledges that during her employment with the Company she, at the expense of the Company, has been and
will continue to be specially trained in the business of the Company, has established and will continue to establish favorable relations with the customers, clients and accounts of the Company or any subsidiary, parent or affiliate of the Company
and has had and will continue to have access to the Intellectual Property, trade secrets and Confidential Information of the Company or any 

  

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subsidiary, parent or affiliate of the Company. Therefore, in consideration of such training and relations, and in consideration of her continued employment
with the Company and the increase in compensation and additional benefits provided in this Agreement, the issuance of restricted units pursuant to a separate Restricted Unit Award Agreement dated the date hereof (the “Restricted Unit
Agreement”) and to further protect the Intellectual Property, trade secrets and Confidential Information of the Company or any subsidiary, parent or affiliate of the Company, Employee agrees that during the term of her employment by the
Company and for a period of one year from and after the voluntary or involuntary termination of such employment for any or no reason (including, without limitation, a termination of employment by the Company due to the fulfillment of the
then-current term of this Agreement pursuant to Section 12(a)); provided, however, that the Company shall have the option to extend such period of time by an additional one year period by electing to continue to pay Employee’s
annual salary at the time of termination, she will not, directly or indirectly, without the express written consent of the Company, except when and as requested to do in and about the performing of her duties under this Agreement: 
 (a) own, manage, operate, control or participate in the ownership, management, operation or control of, or have any interest, financial or
otherwise, in or act as an officer, director, partner, manager, member, principal, employee, agent, representative, consultant or independent contractor of, or in any way assist, any individual or entity in the conduct of any business that trades,
markets, sells or distributes propane gas (at retail, wholesale or otherwise), gathers, processes, stores, transports, trades, markets or distributes natural gas or liquefied by-products of natural gas or petroleum (at retail, wholesale or
otherwise) or sells, services and installs parts, appliances or supplies related thereto; 
 (b) divert or attempt to divert
clients or customers (whether or not such persons have done business with the Company or any subsidiary, parent or affiliate of the Company once or more than once) or accounts of the Company or any subsidiary, parent or affiliate of the Company; or

 (c) entice or induce or in any manner influence any person who is or becomes in the employ or service of the Company or any
subsidiary, parent or affiliate of the Company to leave such employ or service for the purpose of engaging in a business that may be in competition with any business now or at any time during the period hereof engaged in by the Company or any
subsidiary, parent or affiliate of the Company. 
 Notwithstanding the foregoing provisions, Employee may (i) take action for, on behalf
of, and at the direction of the Company pursuant to a written agreement with the Company or otherwise, and (ii) own up to 5% of the outstanding equity securities in any corporation or entity (including units in a master limited partnership)
that is listed upon a national stock exchange or actively traded in the over-the-counter market. 
 10. Specific Performance.
Recognizing that irreparable damage will result to the Company in the event of the breach or threatened breach of any of the foregoing covenants and assurances by Employee contained in Sections 6, 7, 8 or 9 hereof, and that the Company’s
remedies at law for any such breach or threatened breach will be inadequate, the Company and 

  

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its successors and assigns, in addition to such other remedies which may be available to them, shall be entitled to an injunction, including a mandatory
injunction, to be issued by any court of competent jurisdiction ordering compliance with this Agreement or enjoining and restraining Employee, and each and every person, firm or company acting in concert or participation with him, from the
continuation of such breach and, in addition thereto, she shall pay to the Company all ascertainable damages, including, but not limited to, costs and reasonable attorneys’ fees sustained by the Company by reason of the breach or threatened
breach of such covenants and assurances. The covenants and obligations of Employee set forth in Sections 6, 7, 8 and 9 hereof are in addition to and not in lieu of or exclusive of any other obligations and duties of Employee to the Company,
whether express or implied in fact or in law. 
 11. Company Policies. Employee agrees to affirmatively support the Company’s
policies and practices as they may from time to time be adopted by the Company, including, but not limited to, policies against discrimination and harassment in the workplace. 
 12. Term and Termination. 
 (a) Subject to earlier termination as provided in Sections 12(b) and 12(c), the term of Employee’s employment under this Agreement will three (3) years from the date set forth in Section 1 and will be
automatically extended for consecutive one year periods thereafter unless the Company elects to terminate Employee’s employment under this Agreement and notifies Employee of such election at least 30 days prior to the end of the then-current
term. 
 (b) Notwithstanding Section 12(a) above, Employee’s employment with the Company shall terminate
immediately upon the death, disability or adjudication of legal incompetence of Employee, or upon the Company’s ceasing to carry on its business without assigning this Agreement pursuant to Section 18 or becoming bankrupt. For
purposes of this Agreement, Employee shall be deemed to be disabled when Employee has become unable, by reason of physical or mental disability, to satisfactorily perform the essential functions of her job and there is no reasonable accommodation
that can be provided to enable him to perform satisfactorily those essential functions. Such matters shall be determined by, or to the reasonable satisfaction of, the Company. 
 (c) Notwithstanding Section 12(a) above, the Company may terminate Employee’s employment at any time for Cause or without
Cause. “Cause” means: (i) Employee has failed to perform her duties as an employee of the Company, to perform any obligation under this Agreement or to observe and abide by the Company’s policies and decisions, provided
that the Company has given Employee at least thirty (30) days notice prior to such termination specifying that failure in reasonable detail and Employee is unsuccessful in correcting that failure or in preventing its reoccurrence;
(ii) Employee has refused to comply with specific directions of her supervisor or other superior, provided that such directions are consistent with Employee’s position of employment; (iii) Employee has engaged in misconduct that is
injurious to the Company; (iv) Employee has been convicted of, or has entered a plea of nolo contendere to, any crime involving the theft or willful destruction of money or other property, any crime involving moral turpitude or fraud, or any
crime constituting a felony; (v) Employee has engaged in 

  

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acts or omissions against the Company constituting dishonesty, breach of fiduciary obligation, or intentional wrongdoing or misfeasance; (vi) Employee
has engaged in the use of alcohol or drugs on the job, or has engaged in excessive absenteeism from the performance of her duties as the Company’s employee, other than for reasons of illness; or (vii) Employee is no longer able to practice
law in the State of Missouri. 
 (d) In the event Employee’s employment with the Company is terminated (i) as a
result of the death, disability, adjudication of legal incompetence of Employee, (ii) as a result of the Company becoming bankrupt, (iii) by the Company for Cause, or (iv) by Employee for any or no reason, the Company shall pay or
provide to Employee: 
 (i) such Salary as Employee shall have earned and not yet received through the date of such employment
termination, determined on a pro rata basis based on the number of work days in the month of termination; 
 (ii) such earned
but unpaid performance bonuses, if any, pursuant to Sections 5(b); and 
 (iii) such other fringe benefits (other than
any bonus, severance pay benefit or participation in the Company’s 401(k) employee benefit plan) normally provided to employees of the Company as Employee shall have earned and not yet received through the date of such employment termination,
determined on a pro rata basis based on the number of work days in the month of termination. 
 (e) In the event the Company
terminates Employee’s employment with the Company (i) without Cause, (ii) as a result of the Company ceasing to carry on its business without assigning this Agreement pursuant to Section 18, or (iii) as a result of
the fulfillment of the then-current term of this Agreement pursuant to Section 12(a),the Company shall pay or provide to Employee: 
 (i) the unpaid amount of Employee’s Salary for the remainder of the then-current term of this Agreement, with such amount to be paid bi-monthly in arrears; 
 (ii) an amount equal to greater of (A) one years Salary ($200,000), or (B) the unpaid amount of Employee’s Salary for the
remainder of the then-current term of this Agreement, in either case, payable in equal installments over one year in accordance with the Company’s general payroll practices, commencing with the pay period immediately following the month in
which such employment is terminated; 
 (iii) such earned but unpaid performance bonuses, if any, pursuant to Sections
5(b); and 
 (iv) such other fringe benefits (other than any bonus, severance pay benefit or participation in the
Company’s 401(k) employee benefit plan) normally 

  

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provided to employees of the Company as Employee shall have earned and not yet received through the date of such employment termination, determined on a pro
rata basis based on the number of work days in the month of termination. 
 13. Survival of Obligations. All obligations of Employee
that by their nature involve performance, in any particular, after the expiration or termination of Employee’s employment with the Company, or that cannot be ascertained to have been fully performed until after the expiration or termination of
Employee’s employment with the Company, shall survive the expiration or termination of this Agreement. Except as otherwise specifically provided in this Agreement, all of the Company’s obligations under this Agreement will terminate at the
time this Agreement or Employee’s employment with the Company is terminated for any reason. 
 14. Notice. Any notice, request,
consent or communication under this Agreement shall be effective only if it is in writing and personally delivered or sent by certified mail, return receipt requested, postage prepaid, or by a nationally recognized overnight delivery service, with
delivery confirmed, addressed as follows: 
 If to the Company: 
 Name: 
 Inergy GP, LLC 
 2 Brush Creek Blvd. Suite 200 
 Kansas City, Missouri 64112 
 Attn: John J. Sherman 
 If to Employee:

 Name: 
 Laura Ozenberger

 2 Brush Creek Blvd. Suite 200 
 Kansas City, Missouri 64112 
 Attn: Laura Ozenberger 
 or such other persons and/or addresses as shall be furnished in writing by any party to the other party, and shall be deemed to have been given only upon its delivery in accordance with this Section 14.

 15. No Conflicts. Employee represents and warrants to the Company that neither the execution nor delivery of this Agreement, nor
the performance of Employee’s obligations hereunder will conflict with, or result in a breach of, any term, condition, or provision of, or constitute a default under, any obligation, contract, agreement, covenant or instrument to which Employee
is a party or under which Employee is bound, including, but not limited to, the breach by Employee of a fiduciary duty to any former employers. 
 16. Entire Agreement; Amendment; Termination of Previous Agreement. This Agreement cancels and supersedes all previous agreements relating to the subject matter of this Agreement, written or oral, between the parties hereto and
contains the entire understanding 

  

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of the parties hereto with respect to the subject matter hereof and shall not be amended, modified or supplemented in any manner whatsoever except as
otherwise provided herein or in writing signed by each of the parties hereto. 
 17. Potential Unenforceability of Any Provision. If a
final judicial determination is made that any provision of this Agreement is an unenforceable restriction against Employee, the provisions hereof shall be rendered void only to the extent that such judicial determination finds such provisions
unenforceable, and such unenforceable provisions shall automatically be reconstituted and become a part of this Agreement, effective as of the date first written above, to the maximum extent in favor of the Company that is lawfully enforceable. A
judicial determination that any provision of this Agreement is unenforceable shall in no instance render the entire Agreement unenforceable, but rather the Agreement will continue in full force and effect absent any unenforceable provision to the
maximum extent permitted by law. 
 18. Assignment. This Agreement is personal and not assignable by Employee but it may be assigned
by the Company without notice to or consent of Employee to, and shall thereafter be binding upon and enforceable by, any affiliate of the Company and any person or entity who shall acquire or succeed to substantially all of the business or assets of
the Company or substantially all of the business or assets of the operating unit to which Employee is assigned (and such person shall be deemed included in the definition of the “Company” for all purposes of this Agreement) but is not
otherwise assignable by the Company. 
 19. Waiver of Breach. Failure of the Company to demand strict compliance with any of the
terms, covenants or conditions hereof shall not be deemed a waiver of the term, covenant or condition, nor shall any waiver or relinquishment by the Company of any right or power hereunder at any one time or more times be deemed a waiver or
relinquishment of the right or power at any other time or times. 
 20. Expenses. If any action at law or in equity is necessary to
enforce or interpret the terms of this Agreement, the prevailing party shall be entitled to reasonable attorney’s fees, costs and necessary disbursements in addition to any other relief to which such party may be entitled. 
 21. Headings. The headings of the sections of this Agreement have been inserted for convenience of reference only and shall in no way restrict or
otherwise modify any of the terms or provisions hereof. 
 22. Governing Law. This Agreement and all rights and obligations of the
parties hereunder shall be governed by, and construed and interpreted in accordance with, the laws of the State of Missouri applicable to agreements made and to be performed entirely within the State, including, but not limited to, all matters of
enforcement, validity and performance. 
 23. Counterparts. This Agreement may be executed in any number of counterparts, each of
which shall be deemed to be an original and all of which shall constitute one agreement that is binding upon both of the parties hereto, notwithstanding that both parties are not signatories to the same counterpart. 
  

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 IN WITNESS WHEREOF, the Company has caused this Agreement to be duly executed, and Employee has hereunto
set her hand, on the day and year first above written. 
  

			
	INERGY GP, LLC
		
	By:	 	 /s/ John J. Sherman

		 	John J. Sherman, President
		
		 	 /s/ Laura Ozenberger

		 	Laura Ozenberger, Senior Vice President – General Counsel and Secretary

  

 10Form of Restricted Unit Award Agreement

 Exhibit 10.11 
 INERGY LONG TERM INCENTIVE PLAN (NRGY) 
 RESTRICTED UNIT AWARD AGREEMENT 
  

					
	Date of Grant:	  	«Date»	  	
			
	Number of Restricted Units Awarded:	  	«Number of_Units»	  	

 THIS AGREEMENT, dated as of «Date», is between Inergy GP, LLC, a Delaware
limited liability company (“Inergy”) and «First» «Last» (“Holder”). 
 RECITALS:

 A. Effective January 1, 2006, Inergy amended the Inergy Long Term Incentive Plan (the “NRGY Plan”) to grant to
employees, consultants and non-employee directors Restricted Units. 
 B. Holder is a valued and trusted employee of Inergy or one of its
Affiliates. 
 C. Inergy 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 Inergy and to advance the interests of Inergy and its Affiliates (collectively or individually, the “Company”). 
 AGREEMENT: 
 In consideration of the
mutual premises and covenants contained herein and other good and valuable consideration paid by Holder to the Company, Inergy and Holder agree as follows: 
 Section 1. Incorporation of Plan; Definitions 
 All provisions of this Restricted Unit
Award 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. Capitalized terms used in this Agreement but not defined shall have the meanings set forth
in the Plan. 
 Section 2. Grant of Restricted Units 
 Inergy 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, that number of common units of Inergy identified above opposite the heading “Number of Restricted Units Awarded” (the “Units”), which Units will be “Restricted Units” within the meaning of
Section 6 and definition (gg) of Appendix A of the Plan. The Units, which are being 

 
issued by Inergy, will be issued in the name of Holder or a nominee 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 
 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
fifth (5th) 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. 
 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. 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 applicable law or any other agreement binding upon Holder. 
 Section 5. Possible Forfeiture of Units Prior to Vesting  
 Unless otherwise provided in the Plan, if Holder ceases to be a Service Provider of the Company 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 Inergy and (ii) all rights to receive DERs 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 Inergy (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. 
  

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 Section 7. Acknowledgement of Rights of Inergy in Event of Change in Control, Reorganization,
Liquidation, Etc.  
 By executing this Agreement, Holder agrees and acknowledges that in the event that Inergy, Holdings, the
Non-Managing GP or the Partnership undergoes a Change in Control, or in the event the Partnership, the Non-Managing GP or Inergy 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 7 of the Plan, or such successor section if the Plan is amended, without obtaining Partnership approval or Holder’s consent. 
 Section 8. DERs 
 With respect to each Restricted Unit and prior to such Unit vesting and
no longer being subject to the Restricted Period, Holder shall be entitled to receive an amount of cash equal to the per Unit cash distribution made by the Partnership to the holders of Common Units under the Partnership Agreement. Such DERs shall
be paid to Holder as soon as reasonably practicable following the date of a distribution paid on such Common Units. Under no circumstances shall Holder’s right to receive DERs 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. Following the Vesting Date, no DERs shall be paid on the vested Unit, however, Holder shall be
entitled to any distribution made to holders of Common Units under the Partnership Agreement with respect to such unrestricted Unit. 
 Section 9. Voting Rights 
 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. 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 Inergy or its delegate of such election within 30 days of the Date of Grant. Holder shall be solely responsible for making such an Section 83(b) election and satisfying all notice and filing requirements under the Code.

 Section 11. 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. 
  

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 Section 12. 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 13. 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 is final and binding. 
 Section 14. Amendment and Cancellation. 
 This Agreement may be amended or cancelled at any time provided both
Inergy and Holder consent to the terms of such amendment or cancellation. 
 Section 15. 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. Inergy 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, Inergy and Holder specify their respective addresses as set forth below: 
  

					
	 Inergy
	  	Inergy GP, LLC	  	
		  	Two Brush Creek Boulevard	  	
		  	Kansas City, Missouri 64112	  	
		  	Attention: Laura L. Ozenberger	  	
			
	 Holder:
	  	«First» «Last»	  	
		  	«Address 1»	  	
		  	«City», «State» «Zip»	  	

 Section 16. 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 Inergy or its delegate and may be revoked in writing. 

  

 4 

 
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 17. Execution of Agreement 
 In order to obtain all rights under this Agreement, Holder must sign and return this Agreement to Inergy or its delegate within 30 days after the date
Inergy delivers this Agreement to Holder for execution. If Holder fails to sign and return this Agreement to Inergy 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 18. 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.

 [The remainder of this page has intentionally been left blank; signature page follows.] 
  

 5 

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

			
	 INERGY GP, LLC.

		
	 By:
	 	  

	 Title:
	 	President and Chief Executive Officer
	
	HOLDER
	
	  

	«First» «Last»

  

	
	 Designation of Beneficiary

	
	  

	 (Relationship to Holder)

  

	
	  

	 (Name of Beneficiary)

	
	  

	 (Street Address)

	
	  

	 (City, State, Zip Code)

	
	  

	 (Social Security Number)

  

 6

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