Attached files
| file | filename |
|---|---|
| 8-K - 8-K - Mid-Con Energy Partners, LP | mid-conmcepxform8xk2015spe.htm |
Exhibit 10.1
AMENDMENT NO. 1 OF THE MID-CON ENERGY PARTNERS, LP LONG-TERM INCENTIVE PROGRAM | |||
THIS FIRST AMENDMENT is made as of the date set forth below by Mid-Con Energy GP, LLC (the “Company”). | |||
W I T N E S S E T H : | |||
WHEREAS, the Mid-Con Energy Partners, LP Long-Term Incentive Program (the “Program”) is maintained for the benefit of certain eligible persons as set forth in the Program; and WHEREAS, all words with initial capital letters shall have the same meaning herein as ascribed thereto in the Program; and WHEREAS, the Company desires to amend the Program, effective as set forth below, to increase the number of units representing limited partner interests available thereunder; and WHEREAS, in Section 7 of the Program, the Board reserved the right to amend the Program from time to time; and WHEREAS, the Board has approved the amendment of the Program to effect the changes generally described above and as specifically set forth in the amendment below; | |||
NOW, THEREFORE, the Program is hereby amended by this Amendment No. 1 thereto, as follows: | |||
1. The first sentence of Section 4(a) is hereby amended to provide as follows: | |||
“Subject to adjustment as provided in Section 4(c), the maximum number of Units that may be delivered with respect to Awards under the Program is 3,514,000.” | |||
2. Except as modified herein, the Program is specifically ratified and affirmed. | |||
IN WITNESS WHEREOF, this Amendment No. 1 of the Program is executed this 20th day of November, 2015, to be effective as herein provided. | |||
MID-CON ENERGY GP, LLC | |||
By: | /s/ Nathan P. Pekar | ||
Nathan P. Pekar | |||
Vice President, General Counsel and | |||
Secretary | |||