Document:

Form of Operation and Management Services Agreement

 Exhibit 10.3 
 OPERATION AND MANAGEMENT SERVICES AGREEMENT 
 OPERATION AND MANAGEMENT
SERVICES AGREEMENT (“Agreement”), dated as of [                    ], 2012 (the “Effective Date”), by and among
Delek Logistics Services Company, a Delaware corporation (the “Services Company”), Delek Logistics GP, LLC, a Delaware limited liability company (the “General Partner”), and Delek Logistics Partners, LP, a Delaware
limited partnership (the “Partnership” and, together with the General Partner, the “Partnership Parties”). The Services Company, the General Partner and the Partnership may be referred to herein individually as
“Party” or collectively as “Parties.” 
 RECITALS 

WHEREAS, the Partnership owns or leases the Facilities defined and described below consisting of pipelines, storage tanks, refined
products terminals and other related facilities; 
 WHEREAS, Affiliates (as defined in Section 8.8 below) of the Services
Company own, operate and maintain refineries, pipelines, storage tanks, refined products terminals and other related facilities; 
 WHEREAS, the Partnership Parties desire that the Services Company perform the Services as defined and described below with respect to the Facilities; and 

WHEREAS, the Partnership Parties and the Services Company desire to set forth their respective rights and responsibilities with respect
to the operation, maintenance and management of the Facilities, the provision of the Services, and other matters addressed herein; 
 NOW THEREFORE, in consideration of their mutual undertakings and agreements hereunder, the Parties undertake and agree as follows: 
 ARTICLE 1 
 DESCRIPTION OF FACILITIES 

1.1 Facilities Description. “Facilities” means all gathering pipelines, transportation pipelines, storage tanks,
truck racks, terminal facilities, offices and related equipment, real estate and other assets, or portions thereof, conveyed, contributed or otherwise transferred or intended to be conveyed, contributed or otherwise transferred as of the Effective
Date to the Partnership or any of its subsidiaries, or owned by, leased by or necessary for the operation of the business, properties or assets of the Partnership or any of its subsidiaries as of the Effective Date. In addition, if the Partnership
acquires or constructs assets after the Effective Date, the assets directly connected to and constructed to support the operation of, or to replace any portion of, the Facilities shall automatically become a part of the Facilities. 

ARTICLE 2 

PERFORMANCE OF SERVICES 
 2.1 Duties and Authority of the Services Company. The Services Company shall manage, subject to the terms of this Agreement and to the General Partner’s general directions, the
operation, maintenance, repair, design, alteration and replacement of the Facilities and of the business processes associated with the Facilities as more particularly described below. 

 2.2 Services Provided by the Services Company. The Services Company shall make
available to the Partnership Parties its employees in order to provide, or cause to be provided (through contractors, subcontractors or Affiliates), the following services relative to the Facilities (the “Services”) as directed by
the General Partner: 
 (a) The Services Company shall conduct, or cause to be conducted, all operations with respect to the
Facilities, and shall procure and furnish, or cause to be procured or furnished, all materials, equipment, services, supplies, and labor necessary for the operation and maintenance of the Facilities, engineering support for these activities, and
related warehousing and security, including the following: 
  

	 	(1)	Maintain and operate flow and pressure control, monitoring, and over-pressure protection; 

 

	 	(2)	Maintain, repair, recondition, overhaul, and replace equipment, as needed, to keep the Facilities in good working order; 

 

	 	(3)	Operate the Facilities in a manner consistent with the standard of conduct set forth in Section 2.6; and 

 

	 	(4)	Conduct all other routine day-to-day operations of the Facilities. 

 (b) The Services Company shall provide, manage and conduct, or cause to be provided, managed and conducted, the business operations associated with the Facilities, including without limitation, the
following: 
  

	 	(1)	Transportation and logistics, including commercial operations; 

  

	 	(2)	Commercial transportation marketing; 

  

	 	(3)	Contract administration; 

  

	 	(4)	Crude oil and refined product measurement; 

  

	 	(5)	Database mapping, reporting and maintenance; 

  

	 	(6)	Rights of way; 

  

	 	(7)	Materials management; 

  

	 	(8)	Engineering support (including facility design and optimization); and 

  

	 	(9)	Such other general services related to the Facilities as the General Partner and the Services Company may mutually agree from time to time. 

  
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 (c) The Services Company shall coordinate and direct, or cause to be coordinated and
directed, the activities of Persons (as defined in Section 8.8 below) (including contractors, subcontractors, consultants, professionals, service and other organizations) required by the Services Company to perform its duties and
responsibilities hereunder. 
 2.3 Records. The Services Company will maintain operations, maintenance, and
inspection records, accounting records (kept in accordance with generally accepted accounting principles) and source documentation substantiating the Services provided under this Agreement, in compliance with the Subject Laws (as defined in
Section 2.6(b) below) and the Services Company’s policies and procedures. The Services Company shall develop and maintain such records as are required by laws, regulations, codes, permits, or governmental agencies. 

2.4 Outside Agency Requests and Other Notices. Should any Party receive notice of an inspection or request for written comments
concerning the Facilities by or from any governmental agency, the Party receiving the notice will notify the other Parties and permit the other Parties’ respective representatives to be present at all scheduled inspections and to review all
correspondence to or from such governmental agency and to coordinate any necessary response. Each Party shall as soon as reasonably possible notify the other Parties of the occurrence of any incident, accident, action, loss, or existence of any
unsafe or other condition which involves or could involve personal injury or property damage or loss relating to the Facilities or Services. If notice is first given orally under this Section 2.4, the notifying Party shall provide written
notice to the other Parties as soon as reasonably possible. 
 2.5 Environmental Compliance. All operations conducted
hereunder shall be in compliance with all Environmental Laws (as defined in Section 8.8 below). 
 2.6 Standard of
Conduct of the Services Company. 
 (a) General Standard. The Services Company shall (1) perform the Services
and carry out its responsibilities hereunder, and shall require all contractors, subcontractors and materialmen furnishing labor, material or services for the operation of the Facilities to carry out their responsibilities in accordance with
workmanlike practices common in the energy logistics industry, and (2) exercise the same level of care the Services Company exercises in the management of its own business and affairs. 

(b) Compliance with Procedures and Laws. The Services Company shall perform the Services under this Agreement in compliance with
all laws, permits, rules, codes, ordinances, requirements and regulations of all federal, state or local agencies, court and/or other governmental bodies, including without limitation the Pipeline Safety Act of 1968, as amended, and the regulations
and orders of the Federal Energy Regulatory Commission (“FERC”) and the Department of Transportation (“DOT”), which are applicable to (1) the Services Company’s business (2) any of the Facilities,
and/or (3) the performance of Services or any other obligation of the Services Company hereunder (collectively, the “Subject Laws”). The Services Company shall also perform its Services for the Partnership Parties in a manner
consistent with the Partnership’s pipeline transportation, storage and terminalling services agreements. 

  
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 ARTICLE 3 
 RELATIONSHIP OF PARTIES 
 3.1 Independent Contractor. The Services
Company is an independent contractor and shall perform the Services hereunder as an independent contractor. Nothing hereunder shall be construed as creating any other relationship between any Partnership Party and the Services Company, including but
not limited to a partnership, agency or fiduciary relationship, joint venture, limited liability company, association, or any other enterprise. No Party nor any of its employees shall be deemed to be an employee of any other Party. The Partnership
Parties’ interest is only in the performance of the Services by the Services Company in accordance with this Agreement. 

3.2 Partnership Parties’ Right to Observe. The Partnership Parties shall at all times have the right to observe and consult
with the Services Company in connection with the Services Company’s performance of its obligations under this Agreement. Further, the Services Company and the Partnership Parties shall have the right to witness all audits or environmental
assessments of the other to be performed on or in connection with the Facilities. The Partnership Parties shall comply with all reasonable requirements of the Services Company prior to such observation or witnessing, including but not limited to
safety requirements. 
 ARTICLE 4 
 REIMBURSEMENT AND BILLING PROCEDURES 
 The Services Company shall invoice the General
Partner and/or the Partnership monthly for any direct costs actually incurred by the Services Company in providing the Services pursuant to this Agreement (including compensation costs, including payroll, benefits and payroll taxes, allocated to its
employees providing the Services) and may cause any third party service providers to invoice the General Partner and/or the Partnership directly. The General Partner and/or the Partnership shall reimburse the Services Company for the Services it
provides pursuant to this Agreement on or before the later of (i) 10 days after its receipt of such invoice or (ii) 30 days following the end of the calendar month during which such invoiced Services were performed. 

ARTICLE 5 

TERMINATION 
 5.1 Termination. This Agreement will terminate automatically upon the termination of the Omnibus Agreement, dated as of the Effective Date, among the Partnership, the General Partner and certain
Affiliates of the Services Company, as the same may be amended from time to time. In addition, the Partnership Parties may terminate this Agreement at any time upon 30 days’ written notice to the Services Company. Upon termination of this
Agreement, all rights and obligations of the Parties under this Agreement shall terminate, provided, however, that such termination shall not affect or excuse the performance of any Party under the provisions of Article 6 which provisions
shall survive the termination of this Agreement indefinitely. 

  
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 ARTICLE 6 
 INDEMNITY 
 6.1 Indemnified Persons. Wherever
“Partnership Party” or “Services Company” appears as an indemnitee in this Article 6, the term shall include such entity and its Affiliates and their respective contractors officers, directors, employees, representatives, agents,
successors and permitted assigns involved in actions or duties to act on behalf of the indemnified party. These groups will be the “Partnership Party Indemnitees” or the “Services Company Indemnitees,” as
applicable. “Third Persons” shall not include any Partnership Party Indemnitees or Services Company Indemnitees. 
 6.2 Indemnification. 
 (a) THE PARTNERSHIP PARTIES, JOINTLY AND SEVERALLY,
SHALL DEFEND, INDEMNIFY, AND HOLD HARMLESS THE SERVICES COMPANY INDEMNITEES FROM AND AGAINST ANY AND ALL LOSSES, LIABILITIES, CHARGES, DAMAGES, DEFICIENCIES, ASSESSMENTS, INTERESTS, FINES, PENALTIES, COSTS AND EXPENSES (COLLECTIVELY,
“COSTS”) OF ANY KIND (INCLUDING REASONABLE ATTORNEYS’ FEES AND OTHER FEES, COURT COSTS AND OTHER DISBURSEMENTS), INCLUDING ANY COSTS DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATED TO ANY SUIT, PROCEEDING, JUDGMENT, SETTLEMENT
OR JUDICIAL OR ADMINISTRATIVE ORDER AND ANY COSTS ARISING FROM COMPLIANCE OR NON-COMPLIANCE WITH ENVIRONMENTAL LAW. (EACH, A “LIABILITY”) (INCLUDING, WITHOUT LIMITATION, ANY LIABILITY FOR (1) DAMAGE, LOSS OR DESTRUCTION OF THE
FACILITIES, (2) BODILY INJURY, ILLNESS OR DEATH OF ANY PERSON, AND (3) LOSS OF OR DAMAGE TO EQUIPMENT OR PROPERTY OF ANY PERSON) ARISING FROM OR RELATING TO THE SERVICES COMPANY’S PERFORMANCE OF THIS AGREEMENT, EXCEPT TO THE EXTENT
SUCH LIABILITY IS CAUSED BY THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF SERVICES COMPANY INDEMNITEES. Notwithstanding the foregoing, the Partnership Parties’ liability to the Services Company Indemnitees pursuant to this Section 6.2(a)
shall be net of any insurance proceeds actually received by the Services Company Indemnitees or any of their respective Affiliates from any third Person with respect to or on account of the damage or injury which is the subject of the
indemnification claim. The Services Company agrees that it shall, and shall cause the other Services Company Indemnitees to, (1) use all commercially reasonable efforts to pursue the collection of all insurance proceeds to which any of the
Services Company Indemnitees are entitled with respect to or on account of any such damage or injury, (2) notify the Partnership Parties of all potential claims against any third Person for any such insurance proceeds, and (3) keep the
Partnership Parties fully informed of the efforts of the Services Company Indemnitees in pursuing collection of such insurance proceeds. 
 (b) THE SERVICES COMPANY SHALL DEFEND, INDEMNIFY, AND HOLD HARMLESS THE PARTNERSHIP PARTY INDEMNITEES FROM AND AGAINST ANY AND ALL LIABILITIES (INCLUDING, WITHOUT LIMITATION, ANY LIABILITY FOR
(1) DAMAGE, LOSS OR DESTRUCTION OF THE FACILITIES, (2) BODILY INJURY, ILLNESS OR DEATH OF ANY PERSON AND (3) LOSS OF OR DAMAGE TO 

  
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EQUIPMENT OR PROPERTY OF ANY PERSON) ARISING FROM OR RELATING TO SERVICES COMPANY’S PERFORMANCE UNDER THIS AGREEMENT TO THE EXTENT SUCH LIABILITY IS CAUSED BY THE GROSS NEGLIGENCE OR WILLFUL
MISCONDUCT OF THE SERVICES COMPANY INDEMNITEES. Notwithstanding the foregoing, the Services Company’s liability to the Partnership Party Indemnitees pursuant to this Section 6.2(b) shall be net of any insurance proceeds actually received
by the Partnership Party Indemnitees or any of their respective Affiliates from any third Person with respect to or on account of the damage or injury which is the subject of the indemnification claim. The Partnership Parties agree that they shall,
and shall cause the other Partnership Party Indemnitees to, (1) use all commercially reasonable efforts to pursue the collection of all insurance proceeds to which any of the Partnership Party Indemnitees are entitled with respect to or on
account of any such damage or injury, (2) notify the Services Company of all potential claims against any third Person for any such insurance proceeds, and (3) keep the Services Company fully informed of the efforts of the Partnership
Party Indemnitees in pursuing collection of such insurance proceeds. 
 6.3 Damages Limitations. Notwithstanding anything
to the contrary contained herein, no Party shall be liable or responsible to another Party or such other Party’s Affiliates for any consequential, punitive, special or exemplary damages, or for loss of profits or revenues (collectively referred
to as “Special Damages”) incurred by such Party or its Affiliates that arise out of or relate to this Agreement, regardless of whether any such claim arises under or results from contract, tort, or strict liability; provided that
the foregoing limitation is not intended and shall not affect Special Damages imposed in favor of third Persons that are not Parties to this Agreement. 
 6.4 Express Negligence. THE FOREGOING INDEMNITIES ARE INTENDED TO BE ENFORCEABLE AGAINST THE PARTIES IN ACCORDANCE WITH THE EXPRESS TERMS AND SCOPE THEREOF NOTWITHSTANDING ANY EXPRESS NEGLIGENCE
RULE OR ANY SIMILAR DIRECTIVE THAT WOULD PROHIBIT OR OTHERWISE LIMIT INDEMNITIES BECAUSE OF THE SOLE, CONCURRENT, ACTIVE OR PASSIVE NEGLIGENCE, STRICT LIABILITY OR FAULT OF ANY OF THE INDEMNIFIED PARTIES (EXCLUDING, IN THE CASE OF SECTION 6.3(a),
GROSS NEGLIGENCE OR WILLFUL MISCONDUCT) 
 ARTICLE 7 

NOTICES 
 All notices,
requests, demands, and other communications hereunder will be in writing and will be deemed to have been duly given: (a) if by transmission by facsimile or hand delivery, when delivered; (b) if mailed via the official governmental mail
system, five (5) business days after mailing, provided said notice is sent first class, postage pre-paid, via certified or registered mail, with a return receipt requested; (c) if mailed by an internationally-recognized overnight express
mail service such as Federal Express, UPS, or DHL Worldwide, one (1) Business Day after deposit therewith prepaid; or (d) if by e-mail, one (1) business day after delivery with receipt confirmed. All notices will be addressed to the
Parties at the respective addresses as follows: 

  
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 If to the Services Company to: 

Delek Logistics Services Company 
 7102 Commerce Way 
 Brentwood, TN 37027 

Attn: General Counsel 
 Telecopy No: (615) 435-1271 
 Email: 

with a copy, which shall not constitute notice, to: 
 Delek Logistics Services Company. 
 7102 Commerce Way 

Brentwood, TN 37027 
 Attn: President 
 Telecopy No: (615) 435-1271 

Email: 
 If
to the General Partner to: 
 Delek Logistics GP, LLC 

7102 Commerce Way 

Brentwood, TN 37027 
 Attn: General Counsel 
 Telecopy No: (615) 435-1271 

Email: 
 with a
copy, which shall not constitute notice, to: 
 Delek Logistics GP, LLC 

7102 Commerce Way 

Brentwood, TN 37027 
 Attn: President 
 Telecopy No: (615) 435-1271 

Email: 
 If
to the Partnership to: 
 Delek Logistics Partners, LP 

c/o Delek Logistics GP, LLC 
 7102 Commerce Way 
 Brentwood, TN 37027 

Attn: General Counsel 
 Telecopy No: (615) 435-1271 
 Email: 

  
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 with a copy, which shall not constitute notice, to: 

Delek Logistics Partners, LP 
 c/o Delek Logistics GP, LLC 
 7102 Commerce Way 

Brentwood, TN 37027 
 Attn: President 
 Telecopy No: (615) 435-1271 

Email: 

ARTICLE 8 

GENERAL 
 8.1 Succession and Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties named herein. No Party shall have the right to assign its rights or obligations
under this Agreement without the consent of the other Parties hereto; provided, however, that the Partnership may make a collateral assignment of this Agreement solely to secure financing for the Partnership and its subsidiaries.

 8.2 Governing Law. This Agreement shall be subject to and governed by the laws of the State of Texas, excluding any
conflicts-of-law rule or principle that might refer the construction or interpretation of this Agreement to the laws of another state. Each Party hereby submits to the jurisdiction of the state and federal courts in the State of Texas and to venue
in Houston, Texas 
 8.3 Non-waiver of Future Default. No waiver of any Party of any one or more defaults by the other in
performance of any of the provisions of this Agreement shall operate or be construed as a waiver of any other existing or future default or defaults, whether of a like or different character. 

8.4 Audit and Maintenance of Records; Reporting. Notwithstanding the payment by the General Partner or the Partnership of
any charges, the Partnership Parties shall have the right to review and contest the charges. For a period of two years from the end of any calendar year, the Partnership Parties shall have the right, upon reasonable notice and at reasonable times,
to inspect and audit all the records, books, reports, data and processes related to the Services performed by the Services to ensure the Services Company’s compliance with the terms of this Agreement. If the information is confidential, the
parties shall execute a mutually acceptable confidentiality agreement prior to such inspection or audit. 
 8.5 Entire
Agreement. This Agreement constitutes the entire agreement of the Parties relating to the matters contained herein, superseding all prior contracts or agreements, whether oral or written, relating to the matters contained herein. 

8.6 Amendment of Modification. This Agreement may be amended or modified from time to time only by the written agreement of all
the Parties hereto. Each such instrument shall be reduced to writing and shall be designated on its face an “Amendment” or an “Addendum” to this Agreement. 

  
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 8.7 Force Majeure. If either Party is rendered unable, wholly or in part, by force
majeure (as defined in Section 8.8 below) to carry out its obligations under this Agreement, other than to make payments due, the obligations of that Party, so far as they are affected by force majeure, will be suspended during the continuance
of any inability so caused, but for no longer period. The Party whose performance is affected by force majeure will provide notice to the other Party, which notice may initially be oral, followed by a written notification, and will use commercially
reasonable efforts to resolve the event of force majeure to the extent reasonably possible. 
 8.8 Certain Definitions.
For purposes of this Agreement, the following terms have the following meanings: 
 (a) “Affiliate” means, with
respect to a specified Person, any other Person controlling, controlled by or under common control with that first Person. As used in this definition, the term “control” includes (1) with respect to any Person having voting securities
or the equivalent and elected directors, managers or Persons performing similar functions, the ownership of or power to vote, directly or indirectly, voting securities or the equivalent representing 50% or more of the power to vote in the election
of directors, managers or Persons performing similar functions, (2) ownership of 50% or more of the equity or equivalent interest in any Person and (3) the ability to direct the business and affairs of any Person by acting as a general
partner, manager or otherwise. Notwithstanding the foregoing, for purposes of this Agreement, Delek US Holdings, Inc. and its subsidiaries (other than the Partnership Parties and their subsidiaries), including the Services Company, on the one hand,
and the Partnership Parties and their subsidiaries, on the other hand, shall not be considered Affiliates of each other. 
 (b)
“Environmental Law” means all federal, state, and local laws, statutes, rules, regulations, orders, judgments, ordinances, codes, injunctions, decrees, Environmental Permits and other legally enforceable requirements and rules of
common law now or hereafter in effect, relating to pollution or protection of human health and the environment including, without limitation, the federal Comprehensive Environmental Response, Compensation, and Liability Act, the Superfund Amendments
Reauthorization Act, the Resource Conservation and Recovery Act, the Clean Air Act, the Federal Water Pollution Control Act, the Toxic Substances Control Act, the Oil Pollution Act, the Safe Drinking Water Act, the Hazardous Materials Transportation
Act, and other similar federal, state or local environmental conservation and protection laws, each as amended from time to time. 
 (c) “Environmental Permits” means any permit, approval, identification number, license, registration, consent, exemption, variance or other authorization required under or issued pursuant
to any applicable Environmental Law. 
 (d) “Force majeure” means acts of God, strikes, lockouts or other
industrial disturbances, acts of the public enemy, wars, blockades, insurrections, riots, storms, floods, washouts, arrests, the order of any court or Governmental Authority having jurisdiction while the same is in force and effect, civil
disturbances, explosions, breakage, accident to machinery, storage tanks or lines of pipe, inability to obtain or unavoidable delay in obtaining material or equipment, and any other causes whether of the kind herein enumerated or otherwise not
reasonably within the control of the Party claiming suspension and which by the exercise of due diligence such Party is unable to prevent or overcome. 

  
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 (e) “Person” shall include an individual or a corporation, limited
liability company, partnership, joint venture, trust, unincorporated organization, association, government agency or political subdivision thereof or other entity. 
 8.9 Counterparts. This Agreement may be executed in any number of counterparts with the same effect as if all signatory parties had signed the same document. All counterparts shall be construed
together and shall constitute one and the same instrument. Delivery of an executed signature page of this Agreement by facsimile transmission or in portable document format (.pdf) shall be effective as delivery of a manually executed counterpart
hereof. 
 8.10 Third Parties. This Agreement is not intended to confer upon any Person not a Party any rights or
remedies hereunder, and no Person other than the Parties is entitled to rely on or enforce any representation, warranty or covenant contained herein. 

  
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 The Parties have caused this Agreement to be signed by their duly authorized representatives
effective as of the date first written above. 
  

			
	DELEK LOGISTICS SERVICES COMPANY
		
	By:	 	  

 

			
		
	Name:	 	  

 

			
		
	Title:	 	  

 

			
		
	By:	 	  

 

			
		
	Name:	 	  

 

			
		
	Title:	 	  

	
	DELEK LOGISTICS GP, LLC

 
			
		
	By:	 	  

 

			
		
	Name:	 	  

 

			
		
	Title:	 	  

 

			
		
	By:	 	  

 

			
		
	Name:	 	  

 

			
		
	Title:	 	  

  
 Signature
Page – Operation and Management Services Agreement 

 
			
	DELEK LOGISTICS PARTNERS, LP
		
	By:	 	 DELEK LOGISTICS GP, LLC
 its general partner

 
			
		
	By:	 	  

			
		
	Name:	 	  

			
		
	Title:	 	  

			
		
	By:	 	  

			
		
	Name:	 	  

			
		
	Title:	 	  

  
 Signature
Page – Operation and Management Services AgreementForm of Long-Tern Incentive Plan of General Partner

 Exhibit 10.5 
 DELEK LOGISTICS GP, LLC 
 2012 LONG-TERM INCENTIVE PLAN 

1. Purpose of the Plan. 

The Delek Logistics GP, LLC Long-Term Incentive Plan (the “Plan”) has been adopted by Delek Logistics GP, LLC, a Delaware
limited liability company (the “Company”), the general partner of Delek Logistics Partners, LP, a Delaware limited partnership (the “Partnership”), and is intended to promote the interests of the Partnership and the
Company and their Affiliates (as defined below) by providing to employees, consultants, and directors of the Company and its Affiliates who perform services for or on behalf of the Partnership and its subsidiaries incentive compensation awards for
superior performance that are based on Units (as defined below). The Plan is also contemplated to enhance the ability of the Company and its Affiliates to attract and retain the services of individuals who are essential for the growth and
profitability of the Partnership and its subsidiaries and to encourage them to devote their best efforts to advancing the business of the Partnership and its subsidiaries. 
 2. Definitions. 
 As used in the Plan, the following terms shall have the
meanings set forth below: 
 “Affiliate” means, with respect to any Person, any other Person that directly or
indirectly through one or more intermediaries controls, is controlled by or is under common control with, the Person in question. As used herein, the term “control” means the possession, direct or indirect, of the power to direct or cause
the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise. 
 “Award” means a Unit, Restricted Unit, Phantom Unit, Option, Unit Appreciation Right or DER granted under the Plan. 

“Award Agreement” means the written agreement or other instrument by which an Award shall be evidenced. 

“Board” means the Board of Directors of the Company. 

“Code” means the Internal Revenue Code of 1986, as amended. 

“Committee” means the Conflicts Committee of the Board or, if none, the Board or such committee of the Board, if any, as
may be appointed by the Board to administer the Plan. 
 “Consultant” means an individual, other than an
Employee or a Director, providing bona fide services to the Partnership or any of its subsidiaries as a consultant or advisor, as applicable, provided that such individual is a natural person. 

 “DER” or “Distribution Equivalent Right” means a right to
receive an amount in cash or additional Awards equal to the cash distributions made by the Partnership with respect to a Unit during a specified period. 
 “Director” means a member of the Board who is not an Employee. 

“Employee” means any employee of the Company or an Affiliate who performs services for the Partnership or its Affiliates.

 “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Exchange Transaction” means a merger (other than a merger of the Partnership in which the holders of Units immediately
prior to the merger have the same proportionate ownership of Units in the surviving entity immediately after the merger), consolidation, acquisition or disposition of property or stock, separation, reorganization (other than a mere reincorporation
or the creation of a holding company), liquidation of the Partnership or any other similar transaction or event so designated by the Board in its sole discretion, as a result of which the unitholders of the Partnership receive cash, stock or other
property in exchange for or in connection with their Units. 
 Anything in this definition to the contrary notwithstanding, with
respect to any Award intended to be compliant with Section 409A of the Code, no Exchange Transaction shall be deemed to have occurred unless such event constitutes an event specified in Section 409A(a)(2)(A)(v) of the Code and the Treasury
Regulations promulgated thereunder. 
 “Fair Market Value” of a Unit means the closing sales price of a Unit on
the principal national securities exchange or other market in which trading in Units occurs on the applicable date (or if there is no trading in the Units on such date, on the next preceding date on which there was trading) as reported in The Wall
Street Journal (or other reporting service approved by the Committee). In the event Units are not traded on a national securities exchange or other market at the time a determination of fair market value is required to be made hereunder, the
determination of fair market value shall be made in good faith by the Committee and in compliance with Section 409A of the Code. Notwithstanding the foregoing, with respect to an Award granted on the effective date of the initial public
offering of Units, Fair Market Value on such date shall mean the initial offering price per Unit as stated on the cover page of the prospectus which is part of the registration statement on Form S-1 for such offering. 

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

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

“Person” means an individual or a corporation, limited liability company, partnership, joint venture, trust,
unincorporated organization, association, government agency or political subdivision thereof or other entity. 

  
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 “Phantom Unit” means a phantom (notional) Unit granted under the Plan which
entitles the Participant to receive, in the discretion of the Committee, a Unit or an amount of cash equal to the Fair Market Value of a Unit. 
 “Restricted Period” means the period established by the Committee with respect to an Award during which the Award remains nontransferable and subject to forfeiture or is either not
exercisable by or payable to the Participant, as the case may be. 
 “Restricted Unit” means a Unit granted
under the Plan that is subject to a Restricted Period. 
 “SEC” means the United States Securities and Exchange
Commission, or any successor thereto. 
 “UAR” or “Unit Appreciation Right” means an Award
that, upon exercise, entitles the holder to receive, in cash or Units in the discretion of the Committee, the excess of the Fair Market Value of a Unit on the exercise date over the exercise price established for such Unit Appreciation Right.

 “Unit” means a common unit of the Partnership. 
 3. Administration. 
 (a) General. The Plan shall be administered by
the Committee. Subject to the terms of the Plan and applicable law, and in addition to other express powers and authorizations conferred on the Committee by the Plan, the Committee shall have full power and authority to: (i) designate
Participants; (ii) determine the type or types of Awards to be granted to a Participant; (iii) determine the number of Units to be covered by Awards; (iv) determine the terms and conditions of any Award (including but not limited to
performance requirements for such Award); (v) determine whether, to what extent, and under what circumstances Awards may be settled, exercised, canceled, or forfeited; (vi) interpret and administer the Plan and any instrument or agreement
relating to an Award made under the Plan; (vii) establish, amend, suspend, or waive such rules and regulations and appoint such agents as it shall deem appropriate for the proper administration of the Plan; and (viii) make any other
determination and take any other action that the Committee deems necessary or desirable for the administration of the Plan. The Committee may, in its discretion, provide for the extension of the exercisability of an Award, accelerate the vesting or
exercisability of an Award, eliminate or make less restrictive any restrictions applicable to an Award, waive any restriction or other provision of this Plan or an Award or otherwise amend or modify an Award in any manner that is either (i) not
adverse to the Participant to whom such Award was granted or (ii) consented to by such Participant. Unless otherwise expressly provided in the Plan, all designations, determinations, interpretations, and other decisions under or with respect to
the Plan or any Award shall be within the sole discretion of the Committee, may be made at any time and shall be final, conclusive, and binding upon all Persons, including the Company, the Partnership, any Affiliate, any Participant, and any
beneficiary of any Award. No member of the Committee or officer of the Company to whom the Committee has delegated authority in accordance with the provisions of Section 3(b) of this Plan shall be liable for anything done or omitted to be done
by him or her, by any member of the Committee or by any officer of the Company in connection with the performance of any duties under this Plan, except for his or her own willful misconduct or as expressly provided by statute. 

  
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 (b) Delegation. The Board or the Committee may authorize a committee of one or more
members of the Board to grant individual Awards pursuant to such conditions or limitations as the Board or the Committee may establish. The Committee may also delegate to the Chief Executive Officer and to other employees of the Company (i) the
authority to grant individual Awards to Consultants and to Employees who are not subject to Section 16(b) of the Exchange Act and (ii) other administrative duties under this Plan pursuant to such conditions or limitations as the Committee
may establish. The Committee may engage or authorize the engagement of a third party administrator to carry out administrative functions under the Plan. 
 4. Units. 
  (a) Limits on Units Deliverable. Subject to
adjustment as provided in Section 4(c), the maximum number of Units that may be delivered or reserved for delivery or underlying Awards in the aggregate issued under the Plan is
[            ]. If any Award expires, is canceled, exercised, paid or otherwise terminates without the delivery of Units, then the Units covered by such Award, to the extent of such
expiration, cancellation, exercise, payment or termination, shall again be Units with respect to which Awards may be granted. Units that are delivered by a Participant in satisfaction of the exercise or other purchase price of an Award or the tax
withholding obligations associated with an Award or are withheld to satisfy the Company’s tax withholding obligations are available for delivery pursuant to other Awards. The Committee may from time to time adopt and observe such rules and
procedures concerning the counting of Units against the Plan maximum or any sublimit as it may deem appropriate, including rules more restrictive than those set forth above to the extent necessary to satisfy the requirements of any national stock
exchange on which the Units are listed or any applicable regulatory requirement. The Board and the appropriate officers of the Company are authorized to take from time to time whatever actions are necessary, and to file any required documents with
governmental authorities, stock exchanges and transaction reporting systems to ensure that Units are available for issuance pursuant to Awards. 
  (b) Sources of Units Deliverable Under Awards. Any Units delivered pursuant to an Award shall consist, in whole or in part, of Units acquired in the open market, common units already owned by the
Company, common units acquired by the Company directly from the Partnership or any other person or any combination of the foregoing. 
 (c) Adjustments. In the event that any distribution (whether in the form of cash, Units, other securities, or other property), recapitalization, split, reverse split, reorganization, merger,
consolidation, split-up, spin-off, combination, repurchase, or exchange of Units or other securities of the Partnership, issuance of warrants or other rights to purchase Units or other securities of the Partnership, or other similar transaction or
event affects the Units, then the Committee shall, in such manner as it may deem equitable, adjust any or all of (i) the number and type of Units (or other securities or property) with respect to which Awards may be granted, (ii) the
number and type of Units (or other securities or property) subject to outstanding Awards, and (iii) the grant or exercise price with respect to any Award or, make provision for a cash payment to the holder of an outstanding Award; provided,
that the number of Units subject to any Award shall always be a whole number. No adjustment pursuant to this Section 4(c) shall be made in a manner that results in noncompliance with the requirements of Section 409A of the Code, to the
extent applicable. 

  
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 5. Eligibility. 
 Any Employee, Consultant or Director shall be eligible to be designated a Participant and receive an Award under the Plan. 
 6. Awards. 
 Awards may, in the discretion of the Committee, be granted
either alone or in addition to, in tandem with or in substitution for any other Award granted under the Plan or any award granted under any other plan of the Company or any Affiliate. Awards granted in addition to or in tandem with other Awards or
awards granted under any other plan of the Company or any Affiliate may be granted either at the same time as or at a different time from the grant of such other Awards or awards. 

(a) Units. The Committee shall have the discretion to determine the Employees, Consultants and Directors to whom Units shall be
granted and the number of Units to be granted. All Units granted shall be fully vested upon grant and shall not be subject to forfeiture. 
 (b) Restricted Units. The Committee shall have the authority to determine the Employees, Consultants and Directors to whom Restricted Units shall be granted, the number of Restricted Units to be
granted to each such Participant, the Restricted Period, the conditions under which the Restricted Units may become vested or forfeited, and such other terms and conditions as the Committee may establish with respect to such Awards. To the extent
provided by the Committee, in its discretion, a grant of Restricted Units may provide that distributions made by the Partnership with respect to the Restricted Units shall be subject to the same forfeiture and other restrictions as the Restricted
Unit and, if restricted, such distributions shall be held, without interest, until the Restricted Unit vests or is forfeited with the accumulated distributions being paid or forfeited at the same time, as the case may be. Absent such a restriction
on the distributions in the Award Agreement, distributions during the Restricted Period shall be paid to the holder of the Restricted Unit without restriction. 
 (c) Phantom Units. The Committee shall have the authority to determine the Employees, Consultants and Directors to whom Phantom Units shall be granted, the number of Phantom Units to be granted to
each such Participant, the Restricted Period, the time or conditions under which the Phantom Units may become vested or forfeited, which may include, without limitation, the accelerated vesting upon the achievement of specified performance goals,
and such other terms and conditions as the Committee may establish with respect to such Awards, including whether DERs are granted with respect to such Phantom Units. 
 (d) Options. The Committee shall have the authority to determine the Employees, Consultants and Directors to whom Options shall be granted, the number of Units to be covered by each Option, whether
DERs are granted with respect to such Option, the purchase price therefor and the conditions and limitations applicable to the exercise of the Option as the Committee shall determine, that are not inconsistent with the provisions of the Plan. The
term of 

  
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an Option may not exceed 10 years. The purchase price per Unit purchasable under an Option shall be determined by the Committee at the time the Option is granted, provided such purchase price may
not be less than 100% of its Fair Market Value as of the date of grant. The Committee shall determine the time or times at which an Option may be exercised in whole or in part, which may include, without limitation, accelerated vesting upon the
achievement of specified performance goals, and the method or methods by which payment of the exercise price with respect thereto may be made or deemed to have been made, which may include, without limitation, cash, check acceptable to the Company,
a broker-assisted cashless exercise through procedures approved by the Committee, delivery of previously owned Units having a Fair Market Value on the exercise date equal to the relevant exercise, or any combination thereof. 

(e) Unit Appreciation Rights. The Committee shall have the authority to determine the Employees, Consultants and Directors to whom
Unit Appreciation Rights shall be granted, the number of Units to be covered by each grant and the conditions and limitations applicable to the exercise of the Unit Appreciation Right as the Committee shall determine, that are not inconsistent with
the provisions of the Plan. The exercise price per Unit Appreciation Right shall be not less than 100% of its Fair Market Value as of the date of grant. The term of a Unit Appreciation Right may not exceed 10 years. 

(f) Distribution Equivalent Rights. The Committee shall have the authority to determine the Employees, Consultants and Directors
to whom DERs are granted, whether such DERs are tandem or separate Awards, whether the DERs shall be paid directly to the Participant, be credited to a bookkeeping account (with or without interest in the discretion of the Committee) the vesting
restrictions and payment provisions applicable to the Award, and such other provisions or restrictions as determined by the Committee in its discretion all of which shall be specified in the Award Agreements. 

7. Limits on Transfer of Awards. 
 Each Award shall be exercisable or payable only to the Participant during the Participant’s lifetime, or to the person to whom the Participant’s rights shall pass by will or the laws of descent
and distribution. No Award and no right under any such Award may be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by a Participant and any such purported assignment, alienation, pledge, attachment, sale,
transfer or encumbrance shall be void and unenforceable against the Company or any Affiliate. Notwithstanding the foregoing, to the extent specifically provided by the Committee with respect to an Award, an Award may be transferred by a Participant
without consideration to immediate family members or related family trusts, limited partnerships or similar entities or on such terms and conditions as the Committee may from time to time establish. 

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

  
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 (b) Notwithstanding anything in the Plan or any Award Agreement to the contrary, delivery of
Units pursuant to the exercise or vesting of an Award may be deferred for any period during which, in the good faith determination of the Committee, the Company is not reasonably able to obtain Units to deliver pursuant to such Award without
violating the rules or regulations of any applicable law or securities exchange. No Units or other securities shall be delivered pursuant to any Award until payment in full of any amount required to be paid pursuant to the Plan or the applicable
Award Agreement (including, without limitation, any exercise price or tax withholding) is received by the Company. 
 9. Exchange
Transaction. 
 In the event of an Exchange Transaction, all holders of Options and UARs shall be permitted to exercise their
outstanding Options and UARs in whole or in part (whether or not otherwise exercisable) immediately prior to such Exchange Transaction, and any outstanding Options and UARs which are not exercised before the Exchange Transaction shall thereupon
terminate. Notwithstanding the preceding sentence, if, as part of an Exchange Transaction, the unitholders of the Partnership receive equity of another entity (“Exchange Equity”) in exchange for their Units (whether or not such Exchange
Equity is the sole consideration), and if the Board, in its sole discretion, so directs, then all outstanding Options and UARs shall be converted into options to purchase units of, or unit appreciation rights with respect to, Exchange Equity. The
amount and price of converted options and unit appreciation rights shall be determined by adjusting the amount and price of the Options and UARs granted hereunder on the same basis as the determination of the number of units of Exchange Equity the
holders of Units shall receive in the Exchange Transaction and, unless the Board determines otherwise, the vesting conditions with respect to the converted options and unit appreciation rights shall be substantially the same as the vesting
conditions set forth in the original Option or UAR agreement, as applicable. Any such adjustment shall be made in a manner that does not cause the Option or UAR to become subject to Section 409A of the Code. The Board, acting in its discretion,
may accelerate the vesting of Restricted Units and Phantom Units and/or make such other adjustments to the terms of any such outstanding Awards, and/or provide for the conversion of such Awards into comparable awards relating to Exchange Equity, all
as it deems appropriate in its sole discretion in the context of an Exchange Transaction. Notwithstanding the foregoing, the provisions of this Section 9 shall not apply with respect to any Award intended to be compliant with Section 409A
of the Code, and the treatment of such Awards in the event of an Exchange Transaction shall be as described in the applicable Award Agreement. 

10. Amendment and Termination. 
 Except as required by applicable law or the rules of the principal securities exchange on which the Units are traded, the Board may amend, alter, suspend, discontinue, or terminate the Plan in any manner,
including increasing the number of Units available for Awards under the Plan, without the consent of any Participant, any other holder or beneficiary of an Award or any other Person. 

  
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 11. General Provisions. 
 (a) No Rights to Award. No Person shall have any claim to be granted any Award under the Plan, and there is no obligation for uniformity of treatment of Participants. The terms and conditions of
Awards need not be the same with respect to each recipient. 
 (b) Tax Withholding. The Company or any Affiliate is
authorized to withhold from any Award, from any payment due or transfer made under any Award or from any compensation or other amount owing to a Participant the amount (in cash, Units, other securities, or other property) of any applicable taxes
payable at the minimum statutory rate in respect of the grant of an Award, its exercise, the lapse of restrictions thereon, or any payment or transfer under an Award or under the Plan and to take such other action as may be necessary in the opinion
of the Company to satisfy its withholding obligations for the payment of such taxes. 
 (c) No Right to Employment or
Services. The grant of an Award shall not be construed as giving a Participant the right to be retained as an Employee, Consultant or Director, as applicable. Further, the Company or an Affiliate may at any time dismiss a Participant from
employment or service at any time. 
 (d) Governing Law. The validity, construction, and effect of the Plan and any rules
and regulations relating to the Plan shall be determined in accordance with the laws of the State of Delaware without regard to its conflict of laws principles. 
 (e) Severability. If any provision of the Plan or any award is or becomes or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or Award, or would disqualify
the Plan or any award under any law deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable laws, or if it cannot be construed or deemed amended without, in the determination of the
Committee, materially altering the intent of the Plan or the Award, such provision shall be stricken as to such jurisdiction, person or award and the remainder of the Plan and any such Award shall remain in full force and effect. 

(f) Other Laws. The Committee may refuse to issue or transfer any Units or other consideration under an Award if, in its sole
discretion, it determines that the issuance or transfer of such Units or such other consideration might violate any applicable law or regulation, the rules of the principal securities exchange on which the Units are then traded, or entitle the
Partnership or an Affiliate to recover the same under Section 16(b) of the Exchange Act, and any payment tendered to the Company by a Participant, other holder or beneficiary in connection with the exercise of such Award shall be promptly
refunded to the relevant Participant, holder or beneficiary. 
 (g) No Trust or Fund Created. Neither the Plan nor any
Award shall create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the Partnership, Company or any participating Affiliate and a Participant or any other Person. To the extent that any Person
acquires a right to receive payments from the Partnership, Company or any Affiliate pursuant to an Award, such right shall be no greater than the right of any general unsecured creditor of the Partnership, Company or any participating Affiliate.

  
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 (h) No Fractional Units. No fractional Units shall be issued or delivered pursuant to
the Plan or any Award, and the Committee shall determine whether cash, other securities, or other property shall be paid or transferred in lieu of any fractional Units or whether such fractional Units or any rights thereto shall be canceled,
terminated, or otherwise eliminated. 
 (i) Facility of Payment. Any amounts payable hereunder to any person under legal
disability or who, in the judgment of the Committee, is unable to properly manage his financial affairs, may be paid to the legal representative of such person, or may be applied for the benefit of such person in any manner which the Committee may
select, and the Partnership, Company and its Affiliates shall be relieved of any further liability for payment of such amounts. 

(j) Participation by Affiliates. In making Awards to Employees employed by an Affiliate of the Company, the Committee shall be
acting on behalf of the Affiliate, and to the extent the Partnership has an obligation to reimburse the Affiliate for compensation paid to Employees for services rendered for the benefit of the Partnership, such payments or reimbursement payments
may be made by the Partnership directly to the Affiliate, and, if made to the Company, shall be received by the Company as agent for the Affiliate. 
 (k) Gender and Number. Words in the masculine gender shall include the feminine gender, the plural shall include the singular and the singular shall include the plural. 

(l) No Guarantee of Tax Consequences. None of the Board, the Partnership, the Company, any Affiliate nor the Committee makes any
commitment or guarantee that any federal, state or local tax treatment will apply or be available to any person participating or eligible to participate hereunder. 
 12. Section 409A of the Code. 
 (a) Awards made under this Plan are
intended to comply with or be exempt from Section 409A of the Code, and ambiguous provisions hereof, if any, shall be construed and interpreted in a manner consistent with such intent. No payment, benefit or consideration shall be substituted
for an Award if such action would result in the imposition of taxes under Section 409A of the Code. Notwithstanding anything in this Plan to the contrary, if any Plan provision or Award under this Plan would result in the imposition of an
additional tax under Section 409A of the Code, that Plan provision or Award shall be reformed, to the extent permissible under Section 409A of the Code, to avoid imposition of the additional tax, and no such action shall be deemed to
adversely affect the Participant’s rights to an Award. 
 (b) Unless the Committee provides otherwise in an Award
Agreement, each DER, Restricted Unit or Phantom Unit (or portion thereof if the Award is subject to a vesting schedule) shall be settled no later than the 15th day of the third month after the end of the first calendar year in which the Award (or
such portion thereof) is no longer subject to a “substantial risk of forfeiture” within the meaning of Section 409A of the Code. If the Committee determines that a DER, Restricted Unit or Phantom Unit is intended to be subject to
Section 409A of the Code, the applicable Award Agreement shall include terms that are designed to satisfy the requirements of Section 409A of the Code. 

  
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 (c) If the Participant is identified by the Company as a “specified employee”
within the meaning of Section 409A(a)(2)(B)(i) of the Code on the date on which the Participant has a “separation from service” (other than due to death) within the meaning of Treasury Regulation § 1.409A-1(h), any Award payable
or settled on account of a separation from service that is deferred compensation subject to Section 409A of the Code shall be paid or settled on the earliest of (1) the first business day following the expiration of six months from the
Participant’s separation from service, (2) the date of the Participant’s death, or (3) such earlier date as complies with the requirements of Section 409A of the Code. 

13. Term of the Plan. 

The Plan has been approved by the limited partners of the Partnership and shall become effective on the later of the date of its approval
by the Board or the initial public offering of Units. The Plan shall terminate on, and no Awards may be granted after, the earliest of the date established by the Board or the Committee, the 10th anniversary of the date the Plan was approved by the
limited partners of the Partnership (or such earlier anniversary, if any, required by the rules of the exchange on which Units are traded) or the date Units are no longer available for delivery pursuant to Awards under the Plan. However, unless
otherwise expressly provided in the Plan or in an applicable Award Agreement, any Award granted prior to such termination, and the authority of the Committee to amend, alter, adjust, suspend, discontinue, or terminate any such Award or to waive any
conditions or rights under such Award, shall extend beyond such termination date. 

  
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