Lehigh Gas Partners LP | 2013 | FY | 3


Under the Partnership Agreement, our General Partner’s interest in net income from the Partnership consists of the incentive distribution rights (“IDRs”), which are increasing percentages as noted below:

 

Total Quarterly

Distribution Per

Common and

Subordinated Unit

   Marginal Percentage Interest in
Distribution
 

Target Amount

   Unitholders     Holders of IDRs  

above $0.5031 up to $0.5469

     85     15

above $0.5469 up to $0.6563

     75     25

above $0.6563

     50     50

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