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): February 14, 2011
EAGLE ROCK ENERGY PARTNERS, L.P.
(Exact name of Registrant as specified in its charter)
Delaware | | 001-33016 | | 68-0629883 |
(State or other jurisdiction of incorporation
or organization) | | Commission File Number | | (I.R.S. Employer Identification No.) |
1415 Louisiana Street, Suite 2700
Houston, Texas 77002
(Address of principal executive offices, including zip code)
(281) 408-1200
(Registrant’s telephone number, including area code)
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:
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 |
2011 Short Term Incentive Bonus Plan
On February 8, 2011, the Compensation Committee of the Board of Directors (the “Board”) of Eagle Rock Energy G&P, LLC (the “Company”) recommended, and the Board approved, the Company’s 2011 Short Term Incentive Bonus Plan (the “2011 Bonus Plan”). The 2011 Bonus Plan generally covers all regular, full-time employees who are employed during 2011. Each participant is awarded a target bonus award, equal to a percentage of the participant’s “annual base compensation” (as defined in the 2011 Bonus Plan), that may be earned based upon the achievement of certain company and individual performance goals. Participants may earn more or less than their target bonus award, depending on the ultimate performance attained. Company performance goals include certain financial, operational and safety goals. Bonus amounts earned under the 2011 Bonus Plan will be paid to participants in March 2012. A copy of the 2011 Bonus Plan is attached hereto.
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Item 9.01 | | Financial Statements and Exhibits |
(d) Exhibits
Exhibit No. | | Description |
| | |
10.1* | | Eagle Rock Energy G&P, LLC 2011 Short Term Incentive Bonus Plan |
| | *Certain confidential portions of this exhibit were omitted. This exhibit, with the omitted information, has been filed separately with the U.S. Securities and Exchange Commission pursuant to an Application for Confidential Treatment under Rule 24b-2 under the Securities Exchange Act of 1934, as amended. |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| EAGLE ROCK ENERGY PARTNERS, L.P. |
| | |
| By: | Eagle Rock Energy GP, L.P., |
| | its general partner |
| | |
| By: | Eagle Rock Energy G&P, LLC, |
| | its general partner |
| | |
Date: February 14, 2011 | By: | /s/ Charles C. Boettcher |
| | Charles C. Boettcher |
| | Senior Vice President and General Counsel |
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