Energy Transfer Operating, L.P. - FORM 10-Q - EX-10.6 - DIRECTOR COMPENSATION SUMMARY - August 4, 2010

Attached files

file filename
EX-10.2 - LONG-TERM INCENTIVE PLAN - Energy Transfer Operating, L.P.dex102.htm
EX-31.1 - SECTION 302 CERTIFICATION - CHIEF EXECUTIVE OFFICER - Energy Transfer Operating, L.P.dex311.htm
EX-2.1.1 - LIST OF SCHEDULES AND EXHIBITS - Energy Transfer Operating, L.P.dex211.htm
EX-12.1 - STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - Energy Transfer Operating, L.P.dex121.htm
EX-32.2 - SECTION 906 CERTIFICATION - CHIEF FINANCIAL OFFICER - Energy Transfer Operating, L.P.dex322.htm
EX-10.4 - DIRECTORS' DEFERRED COMPENSATION PLAN - Energy Transfer Operating, L.P.dex104.htm
EX-32.1 - SECTION 906 CERTIFICATION - CHIEF EXECUTIVE OFFICER - Energy Transfer Operating, L.P.dex321.htm
EX-31.2 - SECTION 302 CERTIFICATION - CHIEF FINANCIAL OFFICER - Energy Transfer Operating, L.P.dex312.htm
EX-10.3 - ANNUAL INCENTIVE PLAN - Energy Transfer Operating, L.P.dex103.htm
EX-10.1 - EXECUTIVE INVOLUNTARY SEVERANCE PLAN - Energy Transfer Operating, L.P.dex101.htm
EX-10.5 - SPECIAL EXECUTIVE SEVERANCE PLAN - Energy Transfer Operating, L.P.dex105.htm
EX-10.2.1 - FORM OF RESTRICTED UNIT AGREEMENT (PERFORMANCE) - Energy Transfer Operating, L.P.dex1021.htm
EX-10.2.2 - FORM OF RESTRICTED UNIT AGREEMENT (TIME) - Energy Transfer Operating, L.P.dex1022.htm
EXCEL - IDEA: XBRL DOCUMENT - Energy Transfer Operating, L.P.Financial_Report.xls
10-Q - SUNOCO LOGISTICS PARTNERS LP--FORM 10-Q - Energy Transfer Operating, L.P.d10q.htm
EX-2.1 - ASSET AND MEMBERSHIP INTEREST PURCHASE ANS SALE AGREEMENT - Energy Transfer Operating, L.P.dex21.htm

Exhibit 10.6

Sunoco Partners LLC

Independent Director Compensation Summary Sheet

for 2010

Directors who are employees of Sunoco Partners LLC or its affiliates receive no additional compensation for service on the general partner’s board of directors or any committees of the board. The table below summarizes the 2010 compensation program for independent directors of Sunoco Partners LLC, effective as of July 27, 2010.

2010 INDEPENDENT DIRECTOR COMPENSATION SUMMARY

 

Component

    Amount
($)		    Medium of Payment (1)    Timing of Payment (2)

Annual Retainer

    41,000 per year    Restricted Units    $10,250 credited quarterly
   41,000 per year    Cash    $10,250 paid quarterly

Board Meeting Fee

    1,500 per
meeting		    Cash    Paid quarterly

Committee Meeting Fee

    1,000 per
meeting		    Cash    Paid quarterly

Compensation Committee Chair Retainer

    3,500 per year    Cash    $ 875 paid quarterly

Audit Committee Chair Retainer

    6,000 per year    Cash    $1,500 paid quarterly

Conflicts Committee Chair Retainer

    2,000 per year    Cash    $500 paid quarterly

Presiding Director Fee

    5,000 per year    Cash    $1,250 paid quarterly

Notes to table:

  (1) Pursuant to the Sunoco Partners LLC Directors’ Deferred Compensation Plan, the portion of the annual retainer paid in the form of Restricted Units is required to be deferred, and is credited to each independent director’s Mandatory Deferred Compensation Account. In addition, independent directors are permitted to voluntarily defer all or a portion of their cash retainers and fees. Voluntarily deferred cash compensation amounts are credited in the form of Restricted Units to each independent director’s Voluntary Deferred Compensation Account.
  (2) The fair market value of each quarterly payment of Restricted Units is calculated as of the payment date.

In addition to the foregoing, each independent director is reimbursed for out-of-pocket expenses in connection with attending meetings of the board of directors or committees.

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