to the then average closing price of your Vested RPUs based on the last twenty trading days immediately prior to the end of the Performance Period, less any taxes the Company is required to
withhold from such payment. If the Compensation Committee decides to settle your RPUs in DCP Midstream Partners, LP Common Units, the RPUs that have become Vested will be exchanged for a like number of DCP Midstream Partners, LP Common Units, less
any taxes the Company is required to withhold from such payment, valuing such RPUs and applicable tax withholding as of the settlement date. Payment will be made as soon as practicable after the end of the Performance Period, but no later than 2 1/2 months following the end of the Plan year in which
the Performance Period terminates unless deferred into the Executive Deferred Compensation Plan in accordance with Code Section 409A, less all applicable taxes required to be withheld therefrom.