Attached files
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EX-10.1 - EX-10.1 - Enviva Partners, LP | a16-10524_7ex10d1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): August 19, 2016
Enviva Partners, LP
(Exact name of registrant as specified in its charter)
Delaware |
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001-37363 |
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46-4097730 |
(State or other jurisdiction |
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(Commission |
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(IRS Employer |
7200 Wisconsin Ave, Suite 1000 |
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20814 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: (301) 657-5660
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 19, 2016, Enviva Management Company, LLC (Enviva Management), an affiliate of Enviva Partners, LP (the Partnership), entered into an amended and restated employment agreement with Edward R. Smith, Vice President, Operations of Enviva Partners GP, LLC (the General Partner). Effective August 1, 2016, Mr. Smith was appointed as Executive Vice President, Operations of the General Partner.
Enviva Managements Second Amended and Restated Employment Agreement with Mr. Smith (the Employment Agreement) resets Mr. Smiths annualized base salary to $300,000. In addition, the Employment Agreement resets the target value of Mr. Smiths 2017 annual award under the Partnerships Long-Term Incentive Plan to 100% of his annualized base salary as in effect on January 1, 2017.
Except for the foregoing, the terms of the Employment Agreement remain substantively consistent with the terms of Mr. Smiths pre-existing employment agreement. The foregoing description of the Employment Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of such agreement (Exhibit 10.1 to this Current Report on Form 8-K).
Item 9.01. Financial Statements and Exhibits.
Exhibits.
Exhibit |
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Description |
10.1 |
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Second Amended and Restated Employment Agreement between Edward R. Smith and Enviva Management Company, LLC, dated August 19, 2016. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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ENVIVA PARTNERS, LP | |
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By: |
Enviva Partners GP, LLC, its general partner |
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Date: August 25, 2016 |
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By: |
/s/ William H. Schmidt, Jr. |
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Name: |
William H. Schmidt, Jr. |
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Title: |
Executive Vice President, General Counsel and |
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Secretary |