CYPRESS ENVIRONMENTAL PARTNERS, L.P. On October 30, 2017, G. Les Austin tendered his resignation as Senior Vice President and Chief Financial Officer of Cypress Energy Partners GP, LLC (the "General Partner"), the general partner of Cypress Energy Partners, L.P. (the "Partnership"), effective as of the close of business on November 24, 2017, to accept a position as Chief Financial Officer of a large public energy company in a different line of business than the Partnership. Mr. Austin will continue in his current role until that date. Following that date, his duties and responsibilities will be assumed by other members of the management team until a successor is identified.
In connection with his departure, Mr. Austin will not receive any severance payments and will forfeit his unvested long term equity incentives in the Partnership.
