Document:

Exhibit4.4.49

Exhibit 4.4.49 - Tenth Senior Notes Supplemental Indenture dated as of August 9, 2011, dated as of April 9, 2013, among Reynolds Group Issuer (Luxembourg) S.A., Beverage Packaging Holdings (Luxembourg) I S.A. and The Bank of New York Mellon, as trustee

The taking of this document or any certified copy of it or any other document which constitutes substitute documentation for it, or any document which includes written confirmations or references to it, into Austria as well as printing out any e-mail communication which refers to this document in Austria or sending any e-mail communication to which a pdf scan of this document is attached to an Austrian addressee or sending any e-mail communication carrying an electronic or digital signature which refers to this document to an Austrian addressee may cause the imposition of Austrian stamp duty. Accordingly, keep the original document as well as all certified copies thereof and written and signed references to it outside of Austria and avoid printing out any e-mail communication which refers to this document in Austria or sending any e-mail communication to which a pdf scan of this document is attached to an Austrian addressee or sending any e-mail communication carrying an electronic or digital signature which refers to this document to an Austrian addressee.
TENTH SENIOR NOTES SUPPLEMENTAL INDENTURE (this “Senior Notes Supplemental Indenture”) dated as of April 9, 2013 among Reynolds Group Issuer LLC, a Delaware limited liability company (the “US Issuer I”), Reynolds Group Issuer Inc., a Delaware corporation (the “US Issuer II”), Reynolds Group Issuer (Luxembourg) S.A., a société anonyme (limited liability company) organized under the laws of Luxembourg (the “Luxembourg Issuer” and, together with the US Issuer I and the US Issuer II, the “Issuers”), BEVERAGE PACKAGING HOLDINGS (LUXEMBOURG) I S.A., a société anonyme (limited liability company) organized under the laws of Luxembourg (“BP I”), the affiliates of the Issuers party hereto (each, an “Additional Senior Note Guarantor” and collectively, the “Additional Senior Note Guarantors”), and THE BANK OF NEW YORK MELLON, as trustee, principal paying agent, transfer agent and registrar (the “Trustee”), under the indenture dated as of August 9, 2011, as amended or supplemented (the “Senior Notes Indenture”), in respect of the issuance of an aggregate principal amount of $1,000,000,000 of 9.875% Senior Notes due 2019 (the “Senior Notes”).
W I T N E S S E T H :
WHEREAS pursuant to Section 4.11 of the Senior Notes Indenture, each Restricted Subsidiary (unless such Subsidiary is an Issuer, a Senior Note Guarantor or a Receivables Subsidiary) that guarantees, assumes or in any other manner becomes liable with respect to any Indebtedness under any Credit Agreement is required to execute and deliver to the Trustee a supplemental indenture pursuant to which such Restricted Subsidiary shall guarantee payment of the Senior Notes;
WHEREAS pursuant to Section 9.01 of the Senior Notes Indenture, the Trustee, BP I and the Issuers are entitled to execute and deliver this Senior Notes Supplemental Indenture;
Capitalized terms used herein but not otherwise defined herein shall have the meanings assigned to them in the Senior Notes Indenture.
NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Additional Senior Note Guarantors covenant and agree for the equal and ratable benefit of the Holders of the Senior Notes as follows:
1.  Guarantee.  Each Additional Senior Note Guarantor hereby jointly and severally with all other Senior Note Guarantors unconditionally guarantee the Issuers’ obligations under the Senior Notes and the Senior Notes Indenture on the terms and subject to the conditions set forth in Article X of the Senior Notes Indenture and agrees to be bound as a Senior Note Guarantor by all the other applicable provisions of the Senior Notes Indenture.
2.  Ratification of Senior Notes Indenture; Senior Notes Supplemental Indenture Part of Senior Notes Indenture.  Except as expressly amended hereby, the Senior Notes Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect.  This Senior Notes Supplemental Indenture shall form a part of the Senior Notes Indenture for all purposes, and every holder of a Senior Note heretofore or hereafter authenticated and delivered shall be bound hereby.
3.  Governing Law.  THIS SENIOR NOTES SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
4.  Trustee Makes No Representation.  The Trustee makes no representation as to the validity or sufficiency of this Senior Notes Supplemental Indenture.
5.  Duplicate Originals.  The parties may sign any number of copies of this Senior Notes Supplemental Indenture.  Each signed copy shall be an original, but all of them together represent the same agreement.
6.  Effect of Headings.  The Section headings herein are for convenience only and shall not effect the construction thereof.
7.  No Adverse Interpretation of Other Agreements.  This Senior Notes Supplemental Indenture may not be used to interpret another indenture, loan or debt agreement of the Issuers, BP I, BP II, RGHL or any of their Subsidiaries. Any such indenture, loan or debt agreement may not be used to interpret this Senior Notes Supplemental Indenture.
8.  No Recourse Against Others.  No (i) director, officer, employee, manager, incorporator or holder of any Equity Interests in BP I, BP II or any Issuer or any direct or indirect parent corporation or (ii) director, officer, employee or manager of any Additional Senior Note Guarantor, will have any liability for any obligations of the Issuers under the Senior Notes, this Senior Notes Supplemental 

Indenture, the Senior Note Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation; provided, however, the foregoing shall not in any manner affect the liability of any Additional Senior Note Guarantor with respect to its Senior Note Guarantee.  Each holder of Senior Notes by accepting a Senior Note waives and releases all such liability.  The waiver and release are part of the consideration for issuance of the Senior Notes.  The waiver may not be effective to waive liabilities under the federal securities laws.
9.  Indemnity.  (a)  The Issuers, BP I and the Additional Senior Note Guarantors executing this Senior Notes Supplemental Indenture, subject to Section 10.08 of the Senior Notes Indenture, jointly and severally, shall indemnify the Trustee and each Agent (which in each case, for purposes of this Section, shall include its officers, directors, employees, agents and counsel) against any and all loss, liability, claim, taxes, costs, damage or expense (including properly incurred attorneys’ fees and expenses) incurred by or in connection with the acceptance or administration of this trust and the performance of its duties hereunder, including the costs and expenses of enforcing this Senior Notes Supplemental Indenture or a Senior Note Guarantee provided herein against the Issuers, BP I or any Additional Senior Note Guarantor (including this Section) and defending itself against or investigating any claim (whether asserted by the Issuers, BP I, any Additional Senior Note Guarantor, any Holder or any other Person).  The obligation to pay such amounts shall survive the payment in full or defeasance of the Senior Notes or the removal or resignation of the Trustee or the applicable Agent.  The Trustee or the applicable Agent shall notify the Issuers of any claim for which it may seek indemnity promptly upon obtaining actual knowledge thereof; provided, however, that any failure so to notify the Issuers shall not relieve any of the Issuers, BP I or the Additional Senior Note Guarantors executing this Senior Notes Supplemental Indenture of its indemnity obligations hereunder.  The Issuers shall defend the claim and the indemnified party shall provide reasonable cooperation at the Issuers’ expense in the defense.  Such indemnified parties may have separate counsel and the Issuers, BP I and the Additional Senior Note Guarantors, as applicable, shall pay the fees and expenses of such counsel. The Issuers need not reimburse any expense or indemnify against any loss, liability or expense incurred by an indemnified party solely through such party’s own willful misconduct, negligence or bad faith.
(a)  To secure the payment obligations of the Issuers, BP I and the Additional Senior Note Guarantors in this Section, the Trustee shall have a Lien prior to the Senior Notes on all money or property held or collected by the Trustee other than money or property held to pay principal of and interest on the Senior Notes.
10.  Successors and Assigns.  All covenants and agreements of the Issuers and the Additional Senior Note Guarantors in this Senior Notes Supplemental Indenture and the Senior Notes shall bind their respective successors and assigns. All agreements of the Trustee in this Senior Notes Supplemental Indenture shall bind its successors and assigns.
11.  Severability.  In case any one or more of the provisions contained in this Senior Notes Supplemental Indenture or the Senior Notes shall for any reason be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provisions of this Senior Notes Supplemental Indenture or the Senior Notes.
12.  Notices.  Any order, consent, notice or communication shall be sufficiently given if in writing and delivered in person or mailed by first class mail, postage prepaid, addressed as follows:
If to any of the Issuers or any Additional Senior Note Guarantor:
Level 22
20 Bond Street,
Sydney, NSW 2000, Australia 
Attn: Helen Golding 
Fax: +6192686693 
helen.golding@rankgroup.co.nz
If to the Trustee, Principal Paying Agent, Transfer Agent or Registrar:
The Bank of New York Mellon
101 Barclay Street 4-E
New York, NY 10286
Attn:  International Corporate Trust
Fax:  (212) 815-5366
catherine.donohue@bnymellon.com
lesley.daley@bnymellon.com
13.  Amendments and Modification.  This Senior Notes Supplemental Indenture may be amended, modified, or supplemented only as permitted by the Senior Notes Indenture and by written agreement of each of the parties hereto.

IN WITNESS WHEREOF, the parties hereto have caused this Senior Notes Supplemental Indenture to be duly executed as of the date first above written.
REYNOLDS GROUP ISSUER INC.
	
		
	by

	 
	/s/ Helen Dorothy Golding

	 
	Name: Helen Dorothy Golding

	 
	Title:   Secretary

REYNOLDS GROUP ISSUER LLC
	
		
	by

	 
	/s/ Helen Dorothy Golding

	 
	Name: Helen Dorothy Golding

	 
	Title:   Secretary

REYNOLDS GROUP ISSUER (LUXEMBOURG) S.A.
	
		
	by

	 
	/s/ Helen Dorothy Golding

	 
	Name: Helen Dorothy Golding

	 
	Title:   Authorized Signatory

BEVERAGE PACKAGING HOLDINGS (LUXEMBOURG) I S.A.
	
		
	by

	 
	/s/ Helen Dorothy Golding

	 
	Name: Helen Dorothy Golding

	 
	Title:   Authorized Signatory

IN WITNESS WHEREOF, the New Guarantors and the Administrative Agent have duly executed this Joinder as of the day and year first above written.
SPIRIT FOODSERVICE PRODUCTS, INC.

	
		
	by

	 
	/s/ Joseph Doyle

	 
	Name: Joseph Doyle

	 
	Title:   Assistant Secretary

SPIRIT FOODSERVICE, INC.
	
		
	by

	 
	/s/ Joseph Doyle

	 
	Name: Joseph Doyle

	 
	Title:   Assistant Secretary

MASTER CONTAINERS, INC.
	
		
	by

	 
	/s/ Joseph Doyle

	 
	Name: Joseph Doyle

	 
	Title:   Assistant Secretary

THE BANK OF NEW YORK MELLON, as Trustee, Principal Paying Agent, Transfer Agent and Registrar
	
		
	by

	 
	/s/ Catherine F. Donohue

	 
	Name: Catherine F. Donohue

	 
	Title:   Vice PresidentNTI-12.31.2013-EX-10.14

NORTHERN TIER ENERGY LP
2012 LONG TERM INCENTIVE PLAN 
RESTRICTED UNIT AGREEMENT 
For ______________
(Performance-Based)
	
						
	Employee: 
	 
	Date of Grant:
	 
	Number of Target Grant Units:
	

This Restricted Unit Agreement (this “Agreement”) is made as of _____________by and between Northern Tier Energy LP, a Delaware limited partnership (the “Partnership”), and _____________(the “Employee”) pursuant to the terms and conditions of the Northern Tier Energy LP 2012 Long Term Incentive Plan (the “Plan”).  The Employee acknowledges receipt of a copy of the Plan, and agrees that the terms and provisions of the Plan, including any future amendments thereto, shall be deemed a part of this Agreement as if fully set forth herein.  Capitalized terms used in this Agreement but not otherwise defined herein shall have the meanings ascribed to such terms in the Plan, unless the context requires otherwise.
WHEREAS, the Partnership, acting through the Board of its General Partner, has adopted the Plan to, among other things, attract, retain and motivate certain employees and directors of the Partnership, the General Partner and their respective Affiliates (each, a “Company Entity” and, collectively, the “Company Entities”); and
WHEREAS, the Partnership desires to grant to the Employee on the terms and conditions set forth herein and in the Plan, and the Employee desires to accept on such terms and conditions, the number of Restricted Units set forth herein. 
NOW, THEREFORE, in consideration of the Employee’s agreement to provide or to continue providing services for the benefit of the Company Entities, the Partnership and the Employee agree as follows:
1.Grant of Restricted Units.  The Partnership hereby grants to the Employee, effective as of __________(the “Date of Grant”), ______ Restricted Units (such number, the “Target Grant Units”), as may be adjusted upwards or downwards pursuant to Section 4(a) hereof, subject to all of the terms and conditions set forth in the Plan and in this Agreement (the Target Grant Units as may be so adjusted, and as subject to the Plan and this Agreement, the “Restricted Units”).  

2.Forfeiture Restrictions.  The Restricted Units may not be sold, assigned, pledged, exchanged, hypothecated, or otherwise transferred, encumbered, or disposed of to the extent then subject to the Forfeiture Restrictions (as defined below).  The prohibition against transfer and the obligation to forfeit the Restricted Units to the Partnership upon termination of employment are referred to herein as the “Forfeiture Restrictions.”  

3.Rights of Employee.  
(a)General; Voting.  The Restricted Units shall be evidenced either (a) by certificates issued in the Employee’s name that are retained by the Partnership until the Restricted Units are no longer subject to the Forfeiture Restrictions or are forfeited or (b) in book entry form by the Partnership’s transfer 

agent with a notation that they are subject to restrictions.  Notwithstanding the foregoing, the Employee shall have all voting rights, if any, with respect to the Restricted Units.  
(b)Provisions Regarding Unit Distribution Rights for [Year]. Prior to determining if the [Year] Financial Condition (as defined below) has been met, the Employee will not be entitled to Unit Distribution Rights payments with respect to the Restricted Units. If the [Year] Financial Trigger for Distributions is met, then the Employee will be entitled to receive, in arrears, an amount equal to the Unit Distribution Rights payments that such Employee would have received if the Employee had continuously held the Target Grant Units, as may be increased or decreased pursuant to Section 4(a), since the Date of Grant. Any such payments with respect to fiscal year [Year] shall be made no later than 60 days following the end of the Partnership’s [Year] fiscal year. The Employee will not be entitled to receive any Unit Distribution Rights payments if the [Year] Financial Trigger for Distributions is not met.  No interest will accrue on any Unit Distribution Rights between the issuance of the distribution to Unit holders generally and the settlement of the Unit Distribution Rights payments owing to the Employee, if any, under this Section 3(b).  
(c)Provisions Regarding Unit Distribution Rights After Fiscal Year [Year].  If the [Year] Financial Trigger for Distributions has been met, then any Unit Distribution Rights payments payable for a period following fiscal [Year] will be made to the Employee with respect to the Restricted Units on or promptly following the date on which the distributions are otherwise paid to the holders of Units; provided, however, in no event shall the distribution payment be made later than 30 days following the date on which the Company pays such distributions to the holders of Units generally; provided, further, however, that, notwithstanding the date of payment of any such Unit Distribution Rights to the Employee, the Employee shall vest in such Unit Distribution Right as of the record date for such distribution.  No interest will accrue on any Unit Distribution Rights owing under this Section 3(c) between the issuance of the distribution to Unit holders generally and the settlement of the Unit Distribution Right.  
(d)General Restrictions.  Notwithstanding the preceding provisions of this Section 3, the Restricted Units shall be subject to all of the restrictions described herein, including, without limitation, the Forfeiture Restrictions.   
(e)Certain Definitions.  As used in this Agreement, the following defined terms have the following meanings:
(i)“[Year] Available Cash for Distribution” means with respect to the Partnership’s [Year] fiscal year, the aggregate cash flow from operations, excluding working capital fluctuations, less cash needed for maintenance capital expenditures of the Company Entities, reimbursement of expenses incurred by the General Partner or the Company Entities, debt service and other contractual obligations of, and reserves for future or other capital needs of, the General Partner or the Company Entities, that the General Partner deems necessary or appropriate, including reserves for our turnaround and related expenses. This definition shall be adjusted in good faith by the Partnership to reflect any change of control, acquisition or divestiture or other extraordinary event that may occur in [Year], which would otherwise materially affect the Partnership’s [Year] Available Cash for Distribution.
(ii)[Year] Financial Trigger for Distributions” means that the Partnership has [Year] Available Cash for Distribution of at least $[Amount] million.  This definition shall be adjusted in good faith by the Partnership to reflect any change of control, acquisition or divestiture or other extraordinary event that may occur in [Year], which would otherwise materially affect the Partnership’s [Year] Available Cash for Distribution.

4.Determination of Number of Restricted Units; Vesting of Restricted Units.  
(a)Determination of Number of Restricted Units.  If the [Year] Financial Trigger for Distributions is not met, then all of the Target Grant Unit shall be forfeited without consideration and this Agreement shall terminate in its entirety.  If the [Year] Financial Trigger for Distributions is met, then the 

Target Grant Units shall be subject to upward or downward adjustment, if any, depending on the actual amount of the [Year] Available Cash for Distribution as set forth in the following table, and such adjusted number shall be the “Restricted Units” for purposes of this Agreement:
	
		
	[Year] Available Cash for Distribution
	Number of Restricted Units*

	$[Amount1]
	50% of Target Grant Units

	$[Amount2]
	100% of Target Grant Units

	$[Amount3]
	150% of Target Grant Units

* The Restricted Unit numbers set forth in this table are based on the [Year] Available Cash for Distribution numbers set forth in the table and are only intended to set forth the minimum, target and maximum number of Restricted Units that will be issued so long as the [Year] Financial Trigger for Distributions is met; the numbers are not intended to set forth the only potential adjustments to the Target Grant Units.  The Target Grant Units will be proportionately adjusted downwards to the extent the [Year] Available Cash for Distribution is less than $[Amount2] million but more than $[Amount1] million and will be proportionately increased to the extent the [Year] Available Cash for Distribution is more than $[Amount2] million but less than $[Amount3] million.  For clarity and avoidance of doubt, if [Year] Available Cash for Distribution exceeds $[Amount3] million, no additional adjustment will be made to the Target Grant Units with respect to such excess.
(b)Vesting of Restricted Units.  If the [Year] Financial Trigger for Distributions has been met, then, except as otherwise provided in this Agreement, the number of Restricted Units subject to this Agreement (as determined in accordance with Section 4(a) hereof), will vest in accordance with the vesting schedule set forth in the following table, provided that the Employee remains continuously employed by a Company Entity from the Date of Grant through each vesting date set forth below (each, a “Vesting Date”): 
	
		
	Vesting Date(s)
	Cumulative Vested Percentage

	January 1, [Year+2] 
	331⁄3%

	January 1, [Year+3]
	662⁄3%

	January 1, [Year+4]
	100%

If, on any Vesting Date, the application of the vesting schedule set forth above results in a fractional Restricted Unit becoming vested, the number of Restricted Units vesting on such date shall be rounded up to the next whole number of Restricted Units.  Restricted Units that have become vested pursuant to the schedule above are referred to herein as “Vested Units.” 
5.Termination and Change of Control. 
(a)Voluntary Termination and Termination for Cause.  In the event that the Employee’s employment with the Company Entities is (i) voluntarily terminated by the Employee (other than for Good Reason), or (ii) terminated by any of the Company Entities for Cause (as defined below), in either case, prior to the time that the Restricted Units have become Vested Units, any unvested Restricted Unit (after having given effect to any provision below for the acceleration of the Restricted Units) shall be forfeited immediately without consideration. 
(b)Termination of Employment due to Death, Disability or without Cause.  In the event that the Employee’s termination of employment with the Company Entities occurs due to (i) the Employee’s death or Disability (as defined below), or (ii) termination by any of the Company Entities without Cause, in any case, prior to the time that the Restricted Units have become Vested Units, then, if the [Year] Financial Trigger for Distributions has been met (or would be met following the completion of the [Year] fiscal year), the tranche of Restricted Units that would have become Vested Units upon the Vesting Date that immediately 

follows the date of the Employee’s termination of employment will be immediately accelerated and become Vested Units. 
(c)Termination of Employment in Connection with a Change of Control.  In the event that the Employee is terminated by the Company Entities without Cause or by the Employee for Good Reason (as defined below), in either case, within the twelve (12) month period immediately following the consummation of a Change of Control, then, if the [Year] Financial Trigger for Distributions has been met (or would be met following the completion of the [Year] fiscal year), all unvested Restricted Units shall immediately be accelerated and become Vested Units. 
(d)Termination of Employment for Good Reason. In the event that the Employee’s employment with the Company Entities is terminated by the Employee for Good Reason (as defined below) prior to the time that the Restricted Units have become Vested Units, then, if the [Year] Financial Trigger for Distributions has been met (or would be met following the completion of the [Year] fiscal year), the tranche of Restricted Units that would have become Vested Units upon the Vesting Date that immediately follows the date of the Employee’s termination of employment will be immediately accelerated and become Vested Units. For purposes of this Section 5(d)  “Good Reason” shall mean (A) a material diminution in the Employee’s position, duties or responsibilities with the Company Entities, a diminution in the Employee’s title or offices with the Company Entities or any removal of the Employee from, or any failure to reelect Employee to, any of such positions; (B) a reduction by the Company in Employee’s base salary or target incentive opportunity; (C) a material reduction in the aggregate of the benefits provided under the Company Entities employee benefit plans; or (D) without the Employee’s previous written consent, the relocation of the Employee’s principal place of business to a location that is more than forty (40) miles from the Employee’s principal place of employment as of the Date of Grant; provided, however, that the Employee must provide notice of any of the preceding conditions that could give rise to a Good Reason termination within ninety (90) days of the occurrence of the event, and the Company Entities shall have a period of thirty (30) days after receipt of such notice to correct the situation or event. 
(e)Definitions.  For purposes of this Section 5, the terms “Cause” and “Disability” shall be defined as such terms are set forth in the Employee’s individual offer letter, employment, severance or other similar individual agreement by and between the Employee and any of the Company Entities (the “Individual Agreement”).  If the Individual Agreement does not define the applicable term or the Employee does not have an Individual Agreement, the terms “Cause” and “Disability” shall have the meaning set forth below: 
(i)“Cause” shall mean (A) the continuous failure by the Employee to substantially perform his or her duties with the Company Entities (other than any such failure resulting from the Employee’s incapacity due to physical or mental illness) following the Employee’s being advised of such failure and having a reasonable opportunity to cure his or her performance failure; (B) the Employee’s gross misconduct or gross negligence; or (C) the Employee’s conviction of, or entrance of a plea of, guilty or nolo contendere to the commission of a felony. 
(ii)“Disability” shall have the same meaning set forth for such term in the Partnership’s then-current long-term disability plan.  

6.    Transferability and Assignment.  This Agreement and the Restricted Units granted hereunder will not be transferable by the Employee other than by will or the laws of descent and distribution. Any purported transfer, assignment, alienation, pledge, hypothecation, attachment, sale, transfer or encumbrance shall be null, void and unenforceable against the Company Entities. 
7.    Delivery and Status of Units and Unit Distribution Rights. Promptly following the expiration of the restrictions on the Restricted Units as contemplated by this Agreement, subject to the remainder of this Section 7, the Partnership shall cause to be issued and delivered to the Employee the number of Vested Units as to which all restrictions have lapsed, free of any restrictive legend relating to the lapsed 

restrictions, and shall pay to the Employee any previously unpaid Unit Distribution Rights, if any, with respect to such delivered Units. The Employee agrees that any Vested Units that he or she acquires upon vesting of the Restricted Units will not be sold or otherwise disposed of in any manner that would constitute a violation of any applicable federal or state securities laws, the Plan or the rules, regulations and other requirements of the SEC and any stock exchange upon which the Units are then listed.  The Employee also agrees that (a) any certificates representing the Units acquired under this award may bear such legend or legends as the Committee deems appropriate in order to assure compliance with applicable securities laws, (b) the Partnership may refuse to register the transfer of the Units acquired under this award with the Partnership’s transfer agent if such proposed transfer would, in the opinion of counsel satisfactory to the Partnership, constitute a violation of any applicable securities law, and (c) the Partnership may give related instructions to its transfer agent, if any, to stop registration of the transfer of the Units to be acquired under this award.  In addition to the terms and conditions provided herein, the Partnership may require that the Employee make such covenants, agreements, and representations as the Committee, in its sole discretion, deems advisable in order to comply with any such laws, rules, regulations, or requirements.
8.Tax Withholding.  The Company Entities shall have the authority and the right to deduct or withhold, or to require the Employee to remit to a Company Entity, an amount sufficient to satisfy all applicable federal, state and local taxes (including the Employee’s employment tax obligations) required by law to be withheld with respect to any taxable event arising in connection with the Restricted Units and the Unit Distribution Rights thereon. In satisfaction of the foregoing requirement, unless either (a) other arrangements have been made that are acceptable to the applicable Company Entity or (b) with the consent of the Board or a committee of the Board that is composed solely of two or more “Non-Employee Directors” within the meaning of Rule 16b-3, the Employee shall surrender the number of Units otherwise issuable to him having a fair market value equal to the sums required to be withheld by the applicable Company Entity.  In the event that Units that would otherwise be issued in respect of the Restricted Units are surrendered to satisfy such withholding obligations, the number of Units that shall be so surrendered shall be limited to the number of Units that have a Fair Market Value on the date of such surrender equal to the aggregate amount of such liabilities based on the minimum statutory withholding rates for federal, state, local and foreign income tax and payroll tax purposes that are applicable to such supplemental taxable income.

9.General Provisions.
a.Administration.  This Agreement shall at all times be subject to the terms and conditions of the Plan.  The Committee shall have sole and complete discretion with respect to all matters reserved to it by the Plan and all decisions of a majority of the Committee with respect thereto and this Agreement shall be final and binding upon the Employee and the Partnership.  In the event of any conflict between the terms and conditions of this Agreement and the Plan, the provisions of the Plan shall control. 
b.No Effect on Service.  Nothing in this Agreement or in the Plan shall be construed as giving the Employee the right to be retained in the employ or service of the Company Entities. Furthermore, the Company Entities may at any time dismiss the Employee from employment free from any liability or any claim under the Plan or this Agreement, unless otherwise expressly provided in the Plan, this Agreement or other written agreement.
c.Tax Consultation.  None of the Board, the Committee or the Company Entities has made any warranty or representation to the Employee with respect to the income tax consequences of the grant or vesting of the Restricted Units or the transactions contemplated by this Agreement, and the Employee represents that he or she is in no manner relying on such entities or any of their respective managers, directors, officers, employees or authorized representatives (including attorneys, accountants, consultants, bankers, lenders, prospective lenders and financial representatives) for tax advice or an assessment of such tax consequences. The Employee represents that he or she  has consulted with any tax consultants that the Employee deems advisable in connection with the Restricted Units.  The Employee may, at the Employee’s 

discretion, make a tax election pursuant to Section 83(b) of the Code in connection with the grant of this Award (the “Section 83(b) Election”), and a form of a Section 83(b) Election has been attached to this Agreement as Exhibit A for the Employee’s convenience. The Employee acknowledges that the filing of a Section 83(b) Election is extremely time sensitive and, if the Employee decides to make such an election,  such election must be filed with the Service Center of the Internal Revenue Service where you file your Internal Revenue Service tax returns WITHIN 30 DAYS OF THE Date of Grant. In the event that the Employee makes a Section 83(b) Election, the Employee shall promptly provide a copy of the Section 83(b) Election form to the Company Entities. The Employee further agrees to indemnify and hold each Company Entity harmless for any damages, costs, expenses, taxes, judgments or other actions or amounts resulting from the for any actions or inactions of the Employee with respect to the tax consequences of the Restricted Units.
d.Severability.  If any provision of this Agreement is held to be illegal or invalid for any reason, the illegality or invalidity shall not affect the remaining provisions hereof, but such provision shall be fully severable and this Agreement shall be construed and enforced as if the illegal or invalid provision had never been included herein.
e.Successors.  This Agreement shall be binding upon the Employee, the Employee’s legal representatives, heirs, legatees and distributees, and upon the Partnership, its successors and assigns.
f.Entire Agreement.  This Agreement constitutes the entire agreement of the parties with regard to the subject matter hereof, and contains all the covenants, promises, representations, warranties and agreements between the parties with respect to the Restricted Units granted hereby.  Without limiting the scope of the preceding sentence, all prior understandings and agreements, if any, among the parties hereto relating to the subject matter hereof are hereby null and void and of no further force and effect.
g.Headings.  The titles and headings of Sections are included for convenience of reference only and are not to be considered in construction of the provisions hereof.
h.Governing Law.  This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware, without regard to conflicts of law principles thereof.
i.Gender.  Words used in the masculine shall apply to the feminine where applicable, and wherever the context of this Agreement dictates, the plural shall be read as the singular and the singular as the plural.
j.Amendments, Suspension and Termination. This Agreement may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Board or the Committee (i) to the extent permitted by the Plan, (ii) to the extent necessary to comply with applicable laws and regulations or to conform the provisions of this Agreement to any changes thereto or (iii) to settle the Restricted Units pursuant to all applicable provisions of the Plan.  Except as provided in the preceding sentence, this Agreement cannot be modified, altered or amended in any way that is adverse to the Employee except by a written agreement signed by both the Partnership and the Employee.
k.Insider Trading Policy.  The terms of the Partnership’s insider trading policy with respect to Units are incorporated herein by reference.
l.Clawback.  Notwithstanding any provisions in the Plan or this Agreement to the contrary, any portion of the payments and benefits provided under this Agreement or the sale of the Units granted hereunder shall be subject to a clawback or other recovery by the Company Entities to the extent necessary to comply with applicable law including, without limitation, the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 or any SEC rule.
m.Consent to Electronic Delivery; Electronic Signature. In lieu of receiving documents in paper format, the Employee agrees, to the fullest extent permitted by law, to accept electronic delivery of any documents that the Partnership may be required to deliver (including, without limitation, prospectuses, prospectus supplements, grant or award notifications and agreements, account statements, annual and quarterly reports, and all other forms of communications) in connection with this and any other award made or offered by the Partnership. Electronic delivery may be via a Partnership electronic mail system or by reference to a location on a Partnership intranet to which the Employee has access.  The Employee hereby 

consents to any and all procedures the Partnership has established or may establish for an electronic signature system for delivery and acceptance of any such documents that the Partnership may be required to deliver, and agrees that his or her electronic signature is the same as, and shall have the same force and effect as, his or her manual signature.

[Signature Page Follows]

IN WITNESS WHEREOF, the Partnership has caused this Agreement to be executed by its duly authorized officer, effective for all purposes as provided above.

NORTHERN TIER ENERGY LP

By:___________________________________
Name: ________________________________    
Title: _________________________________    

EMPLOYEE

__________________________________________
    

                            

Exhibit A
Section 83(b) Election Form
Directions: 
1.    Fill in any omitted information on this election form. 
		
	1.
	Sign and date the form and return one copy electronically to [HR Representative], at ____________.

		
	2.
	Mail a copy of the form to the Service Center where you file your Internal Revenue Service tax returns WITHIN 30 DAYS OF THE RECEIPT of the property. 

		
	3.
	Attach one copy of the form to your income tax return for the calendar year [Year]. 

Election to Include in
Taxable Income in Year of Transfer Pursuant
to Section 83(b) of the Internal Revenue Code
The undersigned hereby makes an election pursuant to Section 83(b) of the Internal Revenue Code with respect to the property described below and supplies the following information in accordance with the regulations promulgated thereunder:
1.    The name, address and taxpayer identification number of the undersigned are:
Name:                  
Address: 
Taxpayer Identification Number:  _______________________
		
	4.
	Description of the property with respect to which the election is being made:

Restricted common units (“Restricted Units”) of Northern Tier Energy LP (the “Company”) 
		
	5.
	The date on which the property was transferred is_____________.

The taxable year to which this election relates is calendar year [Year].
		
	6.
	Nature of the restrictions to which the property is subject:

The Units issued to the taxpayer are currently subject to a risk of forfeiture.  This risk of forfeiture will lapse in accordance with the applicable vesting schedule and subject to any additional forfeiture or acceleration provisions associated with the Restricted Units.
		
	7.
	The fair market value at the time of transfer (determined without regard to any restriction other than a restriction which by its terms will never lapse) of the property with respect to which this election is being made is $____________. 

		
	8.
	The amount paid by the taxpayer for said property is $0.

		
	9.
	A copy of this statement has been furnished to the Company as provided in Treasury Regulation Section 1.83-2(d).

Date:  ____________, [Year]                ______________________________
Employee

Date:  ____________, [Year]                ______________________________
Taxpayer’s Spouse

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00227-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00227-of-00352.parquet"}]]