Partnership Agreement - Available cash, as defined in our Partnership Agreement generally will be distributed to our general partner and limited partners according to their partnership percentages of 2 percent and 98 percent, respectively. Our general partner’s percentage interest in quarterly distributions is increased after certain specified target levels are met during the quarter. Under the incentive distribution provisions, as set forth in our Partnership Agreement, our general partner receives:
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• | 15 percent of amounts distributed in excess of $0.3025 per unit; |
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• | 25 percent of amounts distributed in excess of $0.3575 per unit; and |
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• | 50 percent of amounts distributed in excess of $0.4675 per unit. |
