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KGS > SEC Filings for KGS > Form 8-K on 5-Nov-2009All Recent SEC Filings

Show all filings for QUICKSILVER GAS SERVICES LP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for QUICKSILVER GAS SERVICES LP


5-Nov-2009

Entry into a Material Definitive Agreement, Change in Directors or Pr


Item 1.01. Entry Into a Material Definitive Agreement.

On August 17, 2009, the Board of Directors of Quicksilver Gas Services GP LLC (the "General Partner"), the general partner of Quicksilver Gas Services LP (the "Partnership"), approved the Quicksilver Gas Services LP First Amended and Restated 2007 Equity Plan, subject to approval by the limited partners of the Partnership. On October 7, 2009, the First Amended and Restated 2007 Equity Plan was approved by the written consent of the holder of a majority of the Partnership's common and subordinated units, effective as of November 4, 2009.

The First Amended and Restated 2007 Equity Plan amends and restates the plan. In general, the amendments to the plan increase the balance of units available for grants under the plan to 750,000 units as of November 4, 2009. The foregoing description is qualified in its entirety by reference to the full text of the First Amended and Restated 2007 Equity Plan, which is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.



Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The principal executive officer, the principal financial officer and the other named executive officers of the General Partner participate or are eligible to participate in the First Amended and Restated 2007 Equity Plan. The description of the First Amended and Restated 2007 Plan under "Item 1.01 Entry Into a Material Definitive Agreement" above and Exhibit 10.1 to this Current Report on Form 8-K are incorporated herein by reference.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit    Description
 Number
  10.1       Quicksilver Gas Services LP First Amended and Restated 2007 Equity Plan.


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