Exhibit 10.29
Global Partners LP
2018 Long-Term Cash Incentive Plan
Award Agreement (with Confidentiality & Non-Solicitation Agreement)
Grantee: [GRANTEE] (the “Grantee” or “you”)
Grant Date: [DATE] (the “Grant Date”)
| Vesting Date | | Vested Percentage | |
| | | | |
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Except as otherwise provided in this Agreement or the Plan, on the date you cease providing services to the Company or its Affiliates, any unvested portion of the Award shall automatically terminate and cease to be outstanding but the remainder of the Agreement shall continue in full force and effect.
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IN WITNESS WHEREOF, the Company and the Grantee each have caused this Agreement to be executed and effective as of the Grant Date.
GLOBAL GP LLC
By: _____________________________________
Name:
Title:
By: _____________________________________
Name:
Title:
GRANTEE
_____________________________________
Name:
Title:
EXHIBIT A
CONFIDENTIALITY AND NON-SOLICITATION AGREEMENT
This Confidentiality and Non-Solicitation Agreement (this “Agreement”) is executed and agreed to on [Date and Year] by and between [__________] (“Employee”), an individual, and Global GP LLC, together with any successor or assign (the “Company”). Employee’s obligations under this Agreement survive the termination of Employee’s employment with the Company or any Affiliate regardless of the reason for such termination. As a condition of the Company’s entry into the Long-Term Cash Incentive Plan Award Agreement (the “Award Agreement”) to which this Agreement is attached, and as a condition of Employee’s receipt of any benefit set forth in the Award Agreement, Employee knowingly and voluntarily enters into this Agreement. Capitalized terms used in this Agreement but not defined herein shall have the meanings ascribed to such terms in the Award Agreement.
Further, in the event Employee files a lawsuit for retaliation by the Company or any of its Affiliates for Employee’s reporting of a suspected violation of law, Employee may (i) disclose a trade secret to Employee’s attorney and (ii) use the trade secret information in the court proceeding related to such lawsuit, in each case, if Employee (x) files any document containing such trade secret under seal; and (y) does not otherwise disclose such trade secret, except pursuant to court order.
I HAVE READ THIS AGREEMENT CAREFULLY, AND I UNDERSTAND AND ACCEPT THE OBLIGATIONS THAT IT IMPOSES UPON ME WITHOUT RESERVATION. I SIGN THIS AGREEMENT VOLUNTARILY AND FREELY.
GLOBAL GP LLC
By: _____________________________________
Name:
Title:
By: _____________________________________
Name:
Title:
EMPLOYEE
_____________________________________
Name:
Title: