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SEC Filings
8-K/A
NUSTAR ENERGY L.P. filed this Form 8-K/A on 07/26/2018
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Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously disclosed on July 20, 2018 in a Current Report on Form 8-K filed by NuStar Energy L.P. (the “Partnership”), on July 20, 2018 a wholly owned subsidiary of the Partnership merged with and into NuStar GP Holdings, LLC (“NSH”), with NSH surviving the merger as a wholly owned subsidiary of the Partnership (the “Merger”). Pursuant to the Agreement and Plan of Merger governing the Merger (the “Merger Agreement”), at the effective time of the Merger, the size of the board of directors (the “Board”) of NuStar GP, LLC, the general partner of the Partnership’s general partner, increased to nine members from six members and William B. Burnett, James F. Clingman, Jr. and Jelynne LeBlanc-Burley were appointed to the Board. On July 23, 2018, the Board approved the appointment of directors to serve as members of the following committees of the Board, effective as of the effective time of the Merger and continuing until their respective successors have been duly appointed or until their earlier resignations or removals:
Audit Committee
J. Dan Bates (Chairman)
William B. Burnett
Dan J. Hill
Robert J. Munch

Compensation Committee
Dan J. Hill (Chairman)
James F. Clingman, Jr.
W. Grady Rosier

Nominating/Governance & Conflicts Committee
W. Grady Rosier (Chairman)
J. Dan Bates
Jelynne LeBlanc-Burley

Item 8.01    Other Events.
On July 23, 2018, pursuant to Section 13.4 of the Eighth Amended and Restated Agreement of Limited Partnership of the Partnership, the Board adopted a resolution to group the directors with respect to their terms (the “Trigger Resolution”) by dividing the directors into three groups. J. Dan Bates, James F. Clingman, Jr. and Dan J. Hill were designated Group I and will serve for an initial term until the 2019 annual meeting of limited partners. William E. Greehey, Jelynne LeBlanc-Burley and Robert J. Munch were designated Group II and will serve for an initial term until the 2020 annual meeting of limited partners. Bradley C. Barron, William B. Burnett and W. Grady Rosier were designated Group III and will serve for an initial term until the 2021 annual meeting of limited partners. At each annual meeting of limited partners beginning with the 2019 annual meeting, successors to the directors whose terms expire at that annual meeting will be elected for a three-year term. Following the adoption of the Triggering Resolution, a director may only be removed for cause.