Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 27, 2021, the board of directors of Enviva Partners GP, LLC, the
general partner of Enviva Partners, LP (the "Partnership"), approved and adopted
the Second Amendment (the "Second Amendment") to the Enviva Partners, LP
Long-Term Incentive Plan (the "LTIP"). Effective January 27, 2021, the Second
Amendment (i) increased the number of common units of the Partnership that may
be delivered with respect to awards under the LTIP by 1,000,000 common units
(which brings the total number of common units that may be delivered under the
LTIP to 3,450,000 common units) and (ii) extended the term of the LTIP until
January 27, 2031.
A description of the material terms of the LTIP was included in an amendment to
the Partnership's Registration Statement on Form S-1/A filed with the U.S.
Securities and Exchange Commission on April 20, 2015. In addition, the foregoing
description of the Second Amendment does not purport to be complete and is
qualified in its entirety by reference to the complete text of the Second
Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and
is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
Exhibits.
Exhibit
Number Description
10.1 Second Amendment to Enviva Partners, LP Long-Term Incentive Plan
104 The cover page from this Current Report on Form 8-K, formatted in
Inline XBRL.
1
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