AMERICAN MIDSTREAM PARTNERS, LPd18rn0p25nwr6d.cloudfront.net/.../039cb8e3-e547-42f9-bbac-3fea57fcdd04.pdf · Date of report (date of earliest event reported): October 31, 2017

UNITED STATESSECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

FORM 8-K

CURRENT REPORTPursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934Date of report (date of earliest event reported): October 31, 2017

AMERICAN MIDSTREAM PARTNERS, LP(Exact name of registrant as specified in its charter)

Delaware 001-35257 27-0855785(State or other jurisdiction of incorporation)

(Commission

File No.) (IRS Employer

Identification No.)

2103 CityWest Blvd., Bldg. 4, Suite 800Houston, Texas 77042

(Address of principal executive offices) (Zip Code)

(346) 241-3400(Registrant’s telephone number, including area code)

Not Applicable(Former name or former address, if changed since last report)

ChecktheappropriateboxbelowiftheForm8-KfilingisintendedtosimultaneouslysatisfythefilingobligationoftheRegistrantunderanyofthefollowingprovisions:

☒WrittencommunicationspursuanttoRule425undertheSecuritiesAct(17CFR230.425)

☐ SolicitingmaterialpursuanttoRule14a-12undertheExchangeAct(17CFR240.14a-12)

☐ Pre-commencementcommunicationspursuanttoRule14d-2(b)underExchangeAct(17CFR240.14d-2(b))

☐ Pre-commencementcommunicationspursuanttoRule13e-4(c)undertheExchangeAct(17CFR240.13e-4(c))

IndicatebycheckmarkwhethertheregistrantisanemerginggrowthcompanyasdefinedinasdefinedinRule405oftheSecuritiesActof1933(§230.405ofthischapter)orRule12b-2oftheSecuritiesExchangeActof1934(§240.12b-2ofthischapter).

Emerginggrowthcompany☐

Ifanemerginggrowthcompany,indicatebycheckmarkiftheregistranthaselectednottousetheextendedtransitionperiodforcomplyingwithanyneworrevisedfinancialaccountingstandardsprovidedpursuanttoSection13(a)oftheExchangeAct.☐

Item 1.01 Entry into a Material Definitive Agreement.

Merger Agreement

OnOctober31,2017,AmericanMidstreamPartners,LP,aDelawarelimitedpartnership(“AMID”),AmericanMidstreamGP,LLC,aDelawarelimitedliabilitycompanyandgeneralpartnerofAMID(“AMIDGP”),CherokeeMergerSubLLC,aDelawarelimitedliabilitycompanyandwhollyownedsubsidiaryofAMID(“MergerSub”),SouthcrossEnergyPartners,L.P.aDelawarelimitedpartnership(“SXE”),andSouthcrossEnergyPartnersGP,LLC,aDelawarelimitedliabilitycompany(“SXEGP”),enteredintoanAgreementandPlanofMerger(the“SXEMergerAgreement”).UponthetermsandsubjecttotheconditionssetforthintheSXEMergerAgreement,SXEwillmergewithandintoMergerSub(the“SXEMerger”),withSXEcontinuingitsexistenceunderDelawarelawasthesurvivingentityintheSXEMergerandwhollyownedsubsidiaryofAMID.

AttheeffectivetimeoftheSXEMerger(the“EffectiveTime”),eachcommonunitofSXE(each,an“SXECommonUnit”)issuedandoutstandingordeemedissuedandoutstandingasofimmediatelypriortotheEffectiveTimewillbeconvertedintotherighttoreceive0.160(the“ExchangeRatio”)ofacommonunit(each,an“AMIDCommonUnit”)representinglimitedpartnerinterestsinAMID(the“MergerConsideration”),exceptforthoseSXECommonUnitsheldbyaffiliatesofSXEandSXEGP,whichwillbecancelledfornoconsideration.EachSXECommonUnit,SubordinatedUnit(asdefinedintheMergerAgreement)andClassBConvertibleUnit(asdefinedintheMergerAgreement)heldbySouthcrossHoldingsLP(“HoldingsLP”)oranyofitssubsidiariesandtheSXEIncentiveDistributionRights(asdefinedintheSXEMergerAgreement)outstandingimmediatelypriortotheEffectiveTimewillbecancelledinconnectionwiththeclosingoftheSXEMerger.

EachawardofphantomunitsofSXEgrantedundertheSXE2012LongTermIncentivePlanthatareoutstandingasofimmediatelypriortotheEffectiveTimewillbefullyvestedandsettledintheformofSXECommonUnits,whichwillbeconvertedintotherighttoreceiveMergerConsiderationattheEffectiveTime.

ThecompletionoftheSXEMergerissubjecttothesatisfactionorwaiverofcustomaryclosingconditions,including:(i)holdersofatleastamajorityoftheoutstandingSXECommonUnits(exceptforthoseSXECommonUnitsheldbySXEGPoritsaffiliates)votingasaclass,atleastamajorityoftheoutstandingSubordinatedUnitsvotingasaclass,andatleastamajorityoftheClassBConvertibleUnitsvotingasaclassfortheapprovaloftheSXEMergerAgreementandthetransactionscontemplatedthereby,(ii)expirationorterminationofanyapplicablewaitingperiodundertheHart-Scott-RodinoAntitrustImprovementsActof1976,asamended(the“HSRAct”),(iii)therebeingnolaworinjunctionprohibitingtheconsummationoftheSXEMerger,(iv)theeffectivenessofaregistrationstatementonFormS-4relatingtotheMergerConsideration,(v)approvalforlistingoftheAMIDCommonUnitsissuableaspartoftheMergerConsiderationontheNewYorkStockExchange(the“NYSE”),(vi)closingoftheContribution(definedbelow)inaccordancewiththetermsoftheContributionAgreement(definedbelow),(vii)subjecttospecifiedmaterialitystandards,theaccuracyoftherepresentationsandwarrantiesofeachparty,(viii)compliancebyeachpartyinallmaterialrespectswithitscovenants,(ix)thereceiptbyAMIDofanopiniontotheeffectthatforU.S.federalincometaxpurposes(A)noAMIDentityshouldrecognizeanyincomeorgainasaresultoftheSXEMerger(otherthananygainresultingfromanydecreaseinpartnershipliabilitiespursuanttoSection752oftheInternalRevenueCodeof1986,asamended(the“Code”)),(B)nogainorlossshouldberecognizedbyholdersofAMIDCommonUnitsasaresultoftheSXEMergerwithrespecttosuchAMIDCommonUnitsheld(subjecttocertainexceptions)and(C)AMIDisclassifiedasapartnershipforU.S.federalincometaxpurposes,and(x)thereceiptbySXEofanopiniontotheeffectthatforU.S.federalincometaxpurposes,(A)subjecttocertainexceptions,holdersofSXECommonUnits,SubordinatedUnitsorClassBConvertibleUnitsshouldnotrecognizeanyincomeorgainasaresultoftheSXEMergerwithrespecttosuchSXECommonUnits,SubordinatedUnitsorClassBConvertibleUnitsheld(otherthananygainresultingfromanyactualorconstructivedistributionofcash,includinganydecreaseinpartnershipliabilitiespursuanttoSection752oftheCode,thereceiptofanyMergerConsiderationthatisnotproratawiththeotherholdersofthesameclassofunits(subjecttocertainexceptions),orliabilitiesincurredotherthanintheordinarycourseofbusinessofSXEoritssubsidiaries);providedthatsuchopiniondoesnotextendtoanyholderwhoacquiredSXECommonUnits,SubordinatedUnitsorClassBConvertibleUnitsfromSXEinexchangeforpropertyotherthancash,and(B)SXEisclassifiedasapartnership.

SXEhasagreed,subjecttocertainexceptionswithrespecttounsolicitedproposals,nottodirectlyorindirectlysolicitcompetingacquisitionproposalsortoenterintodiscussionsconcerning,orprovideconfidentialinformationinconnectionwith,anyunsolicitedalternativebusinesscombinations.However,theboardofdirectorsofSXEGPmay,subjecttocertainconditions,changeitsrespectiverecommendation(i)infavoroftheadoptionoftheSXEMergerAgreementif,inconnectionwiththereceiptofanalternativeproposal,itdeterminesingoodfaith,afterconsultationwithitsfinancialadvisor

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andoutsidecounsel,thatthefailuretoeffectsuchachangeinrecommendationwouldnotbeinthebestinterestofSXEandwouldbeinconsistentwithitsdutiesunderSXE’spartnershipagreementandapplicablelawor(ii)if,inconnectionwithamaterialevent,circumstance,changeordevelopmentthatarisesoroccursafterthedateoftheSXEMergerAgreementandthatwasnotreasonablyforeseeableatthetimeoftheSXEMergerAgreement,itdeterminesingoodfaiththatthefailuretoeffectsuchachangeinrecommendationwouldbeinconsistentwithitsdutiesunderSXE’spartnershipagreement,asapplicable,orapplicablelaw.

AMIDandSXEhavemadecustomaryrepresentationsandwarrantiesintheSXEMergerAgreement.TheSXEMergerAgreementalsocontainscustomarycovenantsandagreements,includingcovenantsandagreementsrelatingto(i)theconductofeachofAMID’sandSXE’srespectivebusinessesbetweenthedateofthesigningoftheSXEMergerAgreementandtheclosingdateoftheSXEMergerand(ii)theeffortsofthepartiestocausetheSXEMergertobecompleted,includingactionswhichmaybenecessarytocausetheexpirationorterminationofthewaitingperiodundertheHSRAct.

TheSXEMergerAgreementcontainscertainterminationrightsforbothAMIDandSXE.TheSXEMergerAgreementfurtherprovidesthat,uponterminationoftheSXEMergerAgreement,undercertaincircumstances,SXEmayberequiredtoreimburseAMID’sexpenses,subjecttocertainlimitations,orpayAMIDaterminationfeeequalto$2millionlessanypreviousAMIDexpensesreimbursedbySXE(the“TerminationFee”).

TheforegoingdescriptionoftheSXEMergerAgreementdoesnotpurporttobecompleteandisqualifiedinitsentiretybyreferencetotheSXEMergerAgreement,acopyofwhichisattachedheretoasExhibit2.1.

Contribution Agreement

InconnectionwiththeSXEMergerAgreement,onOctober31,2017,AMIDandAMIDGPenteredintoaContributionAgreement(the“ContributionAgreement”and,togetherwiththeSXEMergerAgreement,the“TransactionAgreements”)withHoldingsLP,aDelawarelimitedpartnership.UponthetermsandsubjecttotheconditionssetforthintheContributionAgreement,HoldingsLPwillcontributeitsequityinterestsinitsnewwhollyownedsubsidiary(“SXHHoldings”),whichwillholdsubstantiallyallthecurrentsubsidiaries(SouthcrossHoldingsIntermediaryLLC,SouthcrossHoldingsGuarantorGPLLCandSouthcrossHoldingsGuarantorLP)andbusinessofHoldingsLP,toAMIDandAMIDGPinexchangefor(i)thenumberofAMIDCommonUnitswithavalueequalto$185,697,148,subjecttocertainadjustmentsforcash,indebtedness,workingcapitalandtransactionexpensescontemplatedbytheContributionAgreement,dividedby$13.69perAMIDCommonUnit,(ii)4,500,000AMIDPreferredUnits(asdefinedintheContributionAgreement),(iii)optionstopurchase4,500,000AMIDCommonUnits(the“Options”),and(iv)3,000AMIDGPClassDUnits(asdefinedintheContributionAgreement)(thetransactionscontemplatedtherebyandtheagreementsancillarythereto,the“Contribution”).Aportionoftheconsiderationwillbedepositedintoescrowinordertosecurecertainpost-closingobligationsofHoldingsLP.Concurrentlywiththeclosingofthetransaction,theagreementoflimitedpartnershipofAMIDwillbeamendedtoreflecttheissuanceofAMIDPreferredUnits,andtheGPLLCAgreementwillbeamendedtoreflecttheissuanceofsuchAMIDGPClassDUnits.

TheContributionAgreementcontainscustomaryrepresentationsandwarrantiesandcovenantsbyeachoftheparties.TheclosingundertheContributionAgreementisconditionedupon,amongotherthings:(i)expirationorterminationofanyapplicablewaitingperiodundertheHSRAct,(ii)theabsenceofcertainlegalimpedimentsprohibitingthetransactionsand(iii)theconditionsprecedentcontainedintheSXEMergerAgreementhavingbeensatisfiedandtheSXEMergerhavingbecomeeffectivesubstantiallyconcurrentlywiththeclosingoftheContributionAgreement.

TheContributionAgreementcontainsprovisionsgrantingbothpartiestherighttoterminatetheContributionAgreementforcertainreasons.TheContributionAgreementfurtherprovidesthat,uponterminationbyHoldingsLPoftheContributionAgreementintheeventofaFundingFailure(asdefinedintheContributionAgreement),AMIDmayberequiredtopayareverseterminationfeeinanamountupto$17million.

TheforegoingdescriptionoftheContributionAgreementdoesnotpurporttobecompleteandisqualifiedinitsentiretybyreferencetotheContributionAgreement,acopyofwhichisattachedasExhibit2.2hereto.

TheforegoingsummaryofeachoftheTransactionAgreementshasbeenincludedtoprovideinvestorsandsecurityholderswithinformationregardingthetermsofeachoftheTransactionAgreementsandisqualifiedinitsentiretybythetermsandconditionsofeachoftheTransactionAgreements.ItisnotintendedtoprovideanyotherfactualinformationaboutAMID,AMIDGP,SXE,SXEGPorHoldingsLPortheirrespectivesubsidiariesandaffiliates.EachoftheTransactionAgreementscontainsrepresentationsandwarrantiesbyeachoftheapplicablepartiestotheagreement,whichweremade

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onlyforpurposesofsuchagreementandasofspecifieddates.Therepresentations,warrantiesandcovenantsineachoftheTransactionAgreementsweremadesolelyforthebenefitofthepartiestosuchagreement;maybesubjecttolimitationsagreeduponbythecontractingparties,includingbeingqualifiedbyconfidentialdisclosuresmadeforthepurposesofallocatingcontractualriskbetweenthepartiestosuchagreementinsteadofestablishingthesemattersasfacts,andmaybesubjecttostandardsofmaterialityapplicabletothecontractingpartiesthatdifferfromthoseapplicabletoinvestors.Investorsshouldnotrelyontherepresentations,warrantiesandcovenantsoranydescriptionsthereofascharacterizationsoftheactualstateoffactsorconditionofAMID,AMIDGP,SXE,SXEGPorHoldingsLPoranyoftheirrespectivesubsidiariesoraffiliates.Moreover,informationconcerningthesubjectmatteroftherepresentations,warrantiesandcovenantsmaychangeafterthedateoftheTransactionAgreements,whichsubsequentinformationmayormaynotbefullyreflectedinAMID’sorSXE’spublicdisclosures.

Item 3.02 Unregistered Sales of Equity Securities.

TheissuanceoftheAMIDCommonUnits,AMIDPreferredUnitsandOptionsundertheContributionAgreementdescribedinItem1.01abovewillbemadeinrelianceuponanexemptionfromtheregistrationrequirementsoftheSecuritiesActof1933,asamended,pursuanttoSection4(a)(2)thereofandtheregulationspromulgatedthereunderasatransactionbyanissuernotinvolvinganypublicoffering.ThedescriptionoftheContributionAgreement,theContribution,theAMIDCommonUnits,theAMIDPreferredUnitsandtheOptionscontainedinItem1.01isincorporatedbyreferenceherein.

Item 7.01 Regulation FD Disclosure.

OnNovember1,2017,AMIDissuedapressreleaseannouncingtheentryintotheSXEMergerAgreementandtheContributionAgreement.AcopyofthepressreleaseisattachedasExhibit99.1heretoandisincorporatedhereinbyreference.

TheinformationprovidedinthisItem7.01(includingtheexhibitsreferencedtherein)shallbedeemed“furnished”andshallnotbedeemed“filed”forthepurposesofSection18oftheExchangeAct,norshallitbeincorporatedbyreferenceinanyfilingmadebyAMIDpursuanttotheSecuritiesActof1933,excepttotheextentthatsuchfilingincorporatesbyreferenceanyorallofsuchinformationbyexpressreferencethereto.

Item 8.01 Other Events.

AMID Partnership Agreement Amendment

AMIDGPhasalsoagreedtoenterintotheSixthAmendedandRestatedAgreementofLimitedPartnershipattheEffectiveTime(the“PartnershipAgreementAmendment”)providingfor,amongotherthings,authorizingandestablishingthetermsoftheAMIDPreferredUnits.

AMID GP LLC Agreement Amendment

AMIDGPhasalsoagreedtoenterintotheFifthAmendedandRestatedLimitedLiabilityCompanyAgreementofAMIDGP(the“LLCAgreementAmendment”)attheEffectiveTimeprovidingfor,amongotherthings,authorizingtheAMIDGPClassDUnits,alongwithcertainrightsandrestrictionswithrespectthereto.

Option Agreement

AMIDhasalsoagreedtoenterintoanoptionagreementbetweenHoldingsLPandAMID(the“OptionAgreement”)tograntoptionstopurchase4,500,000AMIDCommonUnitseffectiveasoftheClosingascontemplatedintheContributionAgreement.

Voting & Support Agreement

InconnectionwiththeMergerAgreement,AMIDenteredintoavotingandsupportagreementwithHoldingsLPandcertainofitsaffiliates(the“VotingSupportAgreement”).UndertheVotingSupportAgreement,thepartiesarerequiredtovotetheirSXESubordinatedUnitsandClassBConvertibleUnits(each,asdefinedintheSXEMergerAgreement),asapplicable,infavoroftheSXEMerger.

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Guarantee

InconnectionwiththeContributionAgreement,certainaffiliatesofEIGGlobalEnergyPartnersandTailwaterCapitalLLC,thesponsorsofHoldingsLP,enteredintoaguaranteewithAMIDtoguaranteeHoldingsLP’sperformanceofcertainpost-closingobligationsundertheContributionAgreement.

Other Communications

OnNovember1,2017,SXEandAMIDissuedapressreleaseannouncing,amongotherthings,theentryintotheSXEMergerAgreementandtheContributionAgreement.AcopyofthispressreleaseisfurnishedandattachedasExhibit99.1hereto.

OnNovember1,2017,SXEandAMIDheldawebcastregardingtheSXEMergerandContribution.AcopyoftheinvestorpresentationandthetranscriptofthewebcastareattachedasExhibits99.2and99.3hereto.

Cautionary Statement Regarding Forward-Looking Statements

Thiscommunicationandaccompanyingstatementsmaycontainforward-lookingstatements.Allstatementsthatarenotstatementsofhistoricalfacts,includingstatementsregardingAMID’sfuturefinancialposition,results,businessstrategy,guidance,distributiongrowth,andplansandobjectivesofmanagementforfutureoperations,areforward-lookingstatements.Wehaveusedthewords“anticipate,”“believe,”“could,”“estimate,”“expect,”“intend,”“may,”“plan,”“predict,”“project,”“should,”“will,”“would,”“potential,”andsimilartermsandphrasestoidentifyforward-lookingstatementsinthiscommunication.Althoughwebelievethattheassumptionsunderlyingourforward-lookingstatementsarereasonable,anyoftheseassumptionscouldbeinaccurate,and,therefore,wecannotassureyouthattheforward-lookingstatementsincludedhereinwillprovetobeaccurate.Theseforward-lookingstatementsreflectourintentions,plans,expectations,assumptionsandbeliefsaboutfutureeventsandaresubjecttorisks,uncertaintiesandotherfactors,manyofwhichareoutsideourcontrol.Additionalrisksincludethefollowing:theabilitytoobtainrequisiteregulatoryandunitholderapprovalandthesatisfactionoftheotherconditionstotheconsummationoftheproposedtransaction,theabilityofAMIDtosuccessfullyintegrateAMID’soperationsandemployeesandrealizeanticipatedsynergiesandcostsavings,actionsbythirdparties,thepotentialimpactoftheannouncementorconsummationoftheproposedtransactiononrelationships,includingwithemployees,suppliers,customers,competitorsandcreditratingagencies,andtheabilitytoachieverevenueandotherfinancialgrowth,andvolatilityinthepriceofoil,naturalgas,andnaturalgasliquidsandthecreditmarket.Actualresultsandtrendsinthefuturemaydiffermateriallyfromthosesuggestedorimpliedbytheforward-lookingstatementsdependingonavarietyoffactorswhicharedescribedingreaterdetailinourfilingswiththeSecuritiesandExchangeCommission(“SEC”).PleaseseeAMIDandSXE’s“RiskFactors”andotherdisclosuresincludedintheirAnnualReportsonForm10-KfortheyearendedDecember31,2016,andQuarterlyReportsonForm10-QforthequarterendedMarch31,2017andthequarterendedJune30,2017.Allfuturewrittenandoralforward-lookingstatementsattributabletousorpersonsactingonourbehalfareexpresslyqualifiedintheirentiretybythepreviousstatements.Theforward-lookingstatementshereinspeakasofthedateofthiscommunication.AMIDandSXEundertakenoobligationtoupdateanyinformationcontainedhereinortopubliclyreleasetheresultsofanyrevisionstoanyforward-lookingstatementsthatmaybemadetoreflecteventsorcircumstancesthatoccur,orthatwebecomeawareof,afterthedateofthiscommunication.

Additional Information and Where to Find It

ThiscommunicationrelatestoaproposedbusinesscombinationbetweenAMIDandSXE.Inconnectionwiththeproposedtransaction,AMIDand/orSXEexpectstofileaproxystatement/prospectusandotherdocumentswiththeSEC.

InconnectionwiththeSXEMerger,AMIDwillfilearegistrationstatementonFormS-4,includingaproxystatement/prospectusofAMIDandSXE,withtheSEC.WEURGEINVESTORSANDSECURITYHOLDERSTOREADTHEPROXYSTATEMENT/PROSPECTUSANDANYOTHERRELEVANTDOCUMENTSTHATMAYBEFILEDWITHTHESECCAREFULLYANDINTHEIRENTIRETYIFANDWHENTHEYBECOMEAVAILABLEBECAUSETHEYWILLCONTAINIMPORTANTINFORMATION.Anydefinitiveproxystatement/prospectus(ifandwhenavailable)willbemailedtounitholdersofSXE.Investorsandsecurityholderswillbeabletoobtainthesematerials(ifandwhentheyareavailable)freeofchargeattheSEC’swebsite,www.sec.gov.Inaddition,copiesofanydocumentsfiledwiththeSECmaybeobtainedfreeofchargefromSXE’sinvestorrelationswebsiteforinvestorsathttp://investors.southcrossenergy.com,andfromAMID’sinvestorrelationswebsiteathttp://www.americanmidstream.com/investorrelations.Investorsandsecurityholdersmayalsoreadandcopyanyreports,statementsandotherinformationfiledbyAMIDandSXEwiththeSECattheSECpublicreferenceroomat100FStreet,

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N.E.,Washington,D.C.20549.PleasecalltheSECat1-800-SEC-0330orvisittheSEC’swebsiteforfurtherinformationonitspublicreferenceroom.

No Offer or Solicitation

Thiscommunicationdoesnotconstituteanoffertosellorthesolicitationofanoffertobuyanysecurities,orasolicitationofanyvoteorapproval,norshalltherebeanysaleofsecuritiesinanyjurisdictioninwhichsuchoffer,solicitationorsalewouldbeunlawfulpriortoregistrationorqualificationunderthesecuritieslawsofanysuchjurisdiction.NoofferingofsecuritiesshallbemadeexceptbymeansofaprospectusmeetingtherequirementsofSection10oftheSecuritiesActof1933,asamended.

Participation in the Solicitation of Votes

AMIDandSXEandtheirrespectivedirectorsandexecutiveofficersmaybeconsideredparticipantsinthesolicitationofproxiesinconnectionwiththeproposedtransaction.InformationregardingSXE’sdirectorsandexecutiveofficersisavailableinitsAnnualReportonForm10-KfortheyearendedDecember31,2016,filedwiththeSEConMarch9,2017.InformationregardingAMID’sdirectorsandexecutiveofficersisavailableinitsAnnualReportonForm10-KfortheyearendedDecember31,2016,filedwiththeSEConMarch28,2017.Otherinformationregardingtheparticipantsintheproxysolicitationandadescriptionoftheirdirectandindirectinterests,bysecurityholdingsorotherwise,willbecontainedintheproxystatement/prospectusandotherrelevantmaterialstobefiledwiththeSECwhentheybecomeavailable.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.Exhibit Number Description

2.1*

AgreementandPlanofMerger,datedOctober31,2017byandamongAmericanMidstreamPartners,LP,AmericanMidstreamGP,LLC,SouthcrossEnergyPartners,L.P.andSouthcrossEnergyPartnersGP,LLC

2.2*

ContributionAgreement,datedOctober31,2017byandamongAmericanMidstreamPartners,LP,AmericanMidstreamGP,LLCandSouthcrossHoldingsLP

99.1 PressRelease,datedNovember1,2017

99.2 AmericanMidstreamPartners,LPInvestorPresentation

99.3 AmericanMidstreamPartners,LPInvestorCallTranscript

*CertainscheduleshavebeenomittedpursuanttoItem601(b)(2)ofRegulationS-K.AcopyofanyomittedschedulewillbefurnishedsupplementallytotheSECuponrequest.

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SIGNATURES

PursuanttotherequirementsoftheSecuritiesExchangeActof1934,theregistranthasdulycausedthisreporttobesignedonitsbehalfbytheundersignedhereuntodulyauthorized.

AMERICAN MIDSTREAM PARTNERS, LP

By:AMERICAN MIDSTREAM GP, LLC

its General Partner

By: /s/EricKalamarasName: EricKalamarasTitla: SeniorVicePresidentandChiefFinancialOfficer

November1,2017

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Exhibit 2.1

EXECUTION COPY

AGREEMENT AND PLAN OF MERGER

DATED AS OF OCTOBER 31, 2017

AMONG


AMERICAN MIDSTREAM GP, LLC

SOUTHCROSS ENERGY PARTNERS, L.P.

SOUTHCROSS ENERGY PARTNERS GP, LLC

AND

CHEROKEE MERGER SUB LLC

TABLE OF CONTENTS PageARTICLEITHEMERGER 2

Section1.1 TheMerger 2

Section1.2 Closing 2

Section1.3 EffectiveTime 2

Section1.4 EffectsoftheMerger 2

Section1.5 OrganizationalDocumentsoftheSurvivingEntity 3

ARTICLEIIEFFECTONUNITS 3

Section2.1 EffectofMerger 3

Section2.2 ExchangeofCertificates 4

Section2.3 TreatmentoftheSXELTIPUnits 7

Section2.4 Adjustments 7

Section2.5 NoDissenters’Rights 7

ARTICLEIIIREPRESENTATIONSANDWARRANTIESOFTHESXEENTITIES 8

Section3.1 Organization,StandingandPower 8

Section3.2 Capitalization 9

Section3.3 Authority;Noncontravention;VotingRequirements 10

Section3.4 GovernmentalApprovals 11

Section3.5 SXESECDocuments;UndisclosedLiabilities 11

Section3.6 AbsenceofCertainChangesorEvents 13

Section3.7 LegalProceedings 13

Section3.8 CompliancewithLaws;Permits 13

Section3.9 InformationSupplied 14

Section3.10 TaxMatters 15

Section3.11 EmployeeBenefits 16

Section3.12 LaborMatters 18

Section3.13 EnvironmentalMatters 18

Section3.14 Contracts 19

Section3.15 Property 19

Section3.16 IntellectualProperty 20

Section3.17 Insurance 20

Section3.18 OpinionofFinancialAdvisor 21

Section3.19 BrokersandOtherAdvisors 21

Section3.20 StateTakeoverStatutes 21

Section3.21 RegulatoryMatters 21

Section3.22 NoOtherRepresentationsorWarranties 21

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TABLE OF CONTENTS (continued) PageARTICLEIVREPRESENTATIONSANDWARRANTIESOFTHEAMIDENTITIES 22

Section4.1 Organization,StandingandPower 22

Section4.2 Capitalization 23

Section4.3 Authority;Noncontravention;VotingRequirements 24

Section4.4 GovernmentalApprovals 25

Section4.5 AMIDSECDocuments;UndisclosedLiabilities 25

Section4.6 AbsenceofCertainChangesorEvents 27

Section4.7 LegalProceedings 27

Section4.8 CompliancewithLaws;Permits 27

Section4.9 InformationSupplied 28


Section4.11 EmployeeBenefits 30

Section4.12 LaborMatters 32

Section4.13 EnvironmentalMatters 32

Section4.14 Contracts 33

Section4.15 Property 33

Section4.16 BrokersandOtherAdvisors 34

Section4.17 RegulatoryMatters 34

Section4.18 Financing 34

Section4.19 NoOtherRepresentationsorWarranties 35

ARTICLEVADDITIONALCOVENANTSANDAGREEMENTS 35

Section5.1 PreparationoftheRegistrationStatementandtheProxyStatement;SXEUnitholdersMeeting 35

Section5.2 ConductofBusiness 36

Section5.3 NoSolicitation 41

Section5.4 ReasonableBestEfforts 44

Section5.5 PublicAnnouncements 46

Section5.6 AccesstoInformation;Confidentiality 47

Section5.7 NotificationofCertainMatters 48

Section5.8 IndemnificationandInsurance 49

Section5.9 SecurityholderLitigation 50

Section5.10 FeesandExpenses 50

Section5.11 Section16Matters 51

Section5.12 Listing 51

Section5.13 Distributions 51

Section5.14 EmployeeMatters 51

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TABLE OF CONTENTS (continued) Page

Section5.15 SXECreditFacilities;BackstopLetter 52


ARTICLEVICONDITIONSPRECEDENT 53

Section6.1 ConditionstoEachParty’sObligationtoEffecttheMerger 53

Section6.2 ConditionstoObligationsofAMIDtoEffecttheMerger 55

Section6.3 ConditionstoObligationofSXEtoEffecttheMerger 55

Section6.4 FrustrationofClosingConditions 56

ARTICLEVIITERMINATION 56

Section7.1 Termination 56

Section7.2 EffectofTermination 57

Section7.3 FeesandExpenses 58

ARTICLEVIIIMISCELLANEOUS 59

Section8.1 NoSurvival,Etc. 59

Section8.2 AmendmentorSupplement;Determinations;ApprovalsandConsents 59

Section8.3 ExtensionofTime,Waiver,Etc 60

Section8.4 Assignment 60

Section8.5 Counterparts 60

Section8.6 EntireAgreement;NoThird-PartyBeneficiaries 60

Section8.7 GoverningLaw;Jurisdiction;WaiverofJuryTrial 61

Section8.8 SpecificEnforcement 62

Section8.9 Notices 62

Section8.10 Severability 63

Section8.11 Interpretation 63

Section8.12 Non-Recourse 65

Section8.13 Definitions 65

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INDEX OF DEFINED TERMSDefined Term

WhereUsed

Affiliate Section8.13Agreement PreambleAMID PreambleAMIDBenefitPlans Section4.11(a)AMIDCharterDocuments Section8.13AMIDConfidentialityAgreement Section5.6(a)AMIDDisclosureSchedule ArticleIVAMIDEntities PreambleAMIDEquityPlans Section4.2(a)AMIDExpenses Section7.3(e)AMIDGP PreambleAMIDGPBoard RecitalsAMIDGPCharterDocuments Section8.13AMIDGPInterest Section4.2(a)AMIDIncentiveDistributionRight Section8.13AMIDJointVentures Section8.13AMIDLimitedPartner Section8.13AMIDMaterialAdverseEffect Section4.1(a)AMIDMaterialContract Section4.14(a)AMIDPartnershipAgreement Section8.13AMIDPartnershipAgreementAmendment RecitalsAMIDPartnershipInterest Section8.13AMIDPermits Section4.8(b)AMIDSECDocuments Section4.5(a)AMIDSeriesAUnits Section4.2(a)AMIDSeriesCUnits Section4.2(a)AMIDSubsidiaryDocuments Section4.1(d)AMIDUnit Section8.13AMIDUnitholders Section8.13AntitrustLaws Section8.13BalanceSheetDate Section3.5(d)Book-EntryUnits Section2.1(e)businessday Section8.13Certificate Section2.1(e)CertificateofMerger Section1.3ClassBConvertibleUnit Section8.13ClaytonAct Section8.13Closing Section1.2ClosingDate Section1.2Code Section2.2(j)CommonUnit Section8.13

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INDEX OF DEFINED TERMS (continued)Defined Term

WhereUsed

CommonUnitholders Section8.13ConfidentialDisclosureLetter Section8.13Contract Section3.3(b)DCP Section5.14(d)DebtFinancingSource Section8.13DisclosureSchedule Section8.13DLLCA Section8.13DRULPA Section8.13EffectiveTime Section1.3EnvironmentalLaw Section8.13EnvironmentalPermit Section8.13ERISA Section3.11(a)ERISAAffiliate Section8.13ExchangeAct Section3.4ExchangeAgent Section2.2(a)ExchangeFund Section2.2(b)ExchangeRatio Section2.1(a)FederalTradeCommissionAct Section8.13GAAP Section8.13GovernmentalAuthority Section8.13HazardousSubstance Section8.13HoldingsContribution RecitalsHoldingsContributionAgreement RecitalsHSRAct Section8.13ICA Section3.20(b)IndemnifiedPerson Section5.8(a)InspectingParties Section5.6(d)InspectionIndemnitees Section5.6(d)Knowledge Section8.13Law Section3.8(a)Laws Section3.8(a)LenderPayoffLetter Section5.15(a)Liens Section3.1(c)LTIP Section8.13MaterialAdverseEffect Section8.13MaximumAmount Section5.8(c)Merger Section1.1MergerSub PreambleMergerConsideration Section2.1(a)MultiemployerPlan Section8.13NGA Section3.20(a)NGPA Section3.20(a)NYSE Section8.13OutsideDate Section7.1(b)(i)

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WhereUsed

Outstanding Section8.13PartyorParties PreamblePayoffLetters Section5.15(b)Permit Section8.13Person Section8.13Pre-ClosingTaxPeriod Section8.13Proceeding Section5.8(a)ProxyStatement Section3.4QualifyingNotesPayoffLetter Section5.15(b)RegistrationStatement Section3.9Representatives Section5.3(a)Restraints Section6.1(c)rights-of-way Section3.15(b)RiskManagementPolicy Section8.13Sarbanes-OxleyAct Section3.5(a)SEC Section8.13Section707Consideration Section2.2(k)SecuritiesAct Section3.1(c)SeriesAUnit Section8.13SeriesCUnit Section8.13SeriesDUnit Section8.13ShermanAct Section8.13SouthcrossHoldings RecitalsSouthcrossHoldingsAffiliate Section2.1(a)SubordinatedUnit Section8.13SubordinatedUnitholder Section8.13Subsidiary Section8.13SupportAgreement RecitalsSurvivingEntity Section1.1SXE PreambleSXEAdverseRecommendationChange Section5.3(a)SXEAlternativeProposal Section8.13SXEBenefitPlans Section3.11(a)SXEBoardRecommendation Section5.1(b)SXECharterDocuments Section3.1(d)SXEConflictsCommitteeFinancialAdvisor Section3.18SXECreditFacility Section5.2(a)(ii)SXEDesignatedProposal Section8.13SXEDesignatedProposalNotice Section5.3(d)(i)(C)SXEDesignatedProposalNoticePeriod Section5.3(d)(i)(D)SXEDisclosureSchedule ArticleIIISXEEmployee Section5.14(a)SXEEntities PreambleSXEEquityPlans Section8.13

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WhereUsed

SXEGeneralPartnerInterest Section8.13SXEGeneralPartnerUnits Section8.13SXEGP PreambleSXEGPBoard RecitalsSXEGPCharterDocuments Section8.13SXEIncentiveDistributionRight Section8.13SXEIntellectualProperty Section3.16SXEJointVentures Section8.13SXELimitedPartner Section8.13SXELimitedPartnerInterest Section8.13SXELTIPUnit Section8.13SXEMaterialAdverseEffect Section3.1(a)SXEMaterialContract Section3.14(a)SXEPartnershipAgreement Section8.13SXEPartnershipInterest Section8.13SXEPermits Section3.8(b)SXERecommendationChangeNotice Section5.3(d)(ii)(A)SXERecommendationChangeNoticePeriod Section5.3(d)(ii)(B)SXERevolvingCreditAgreement Section8.13SXESECDocuments Section3.5(a)SXESecurity Section8.13SXESubsidiaryDocuments Section3.1(d)SXEUnitholder Section8.13SXEUnitholderApproval Section3.3(c)SXEUnitholdersMeeting Section5.1(b)SXETermLoan Section8.13SXETerminationFee Section7.3(a)Tax Section8.13TaxReturn Section8.13Taxes Section8.13TBOC Section8.13UnaffiliatedCommonUnitholders RecitalsWARNAct Section3.12(b)WillfulBreach Section8.13

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AGREEMENT AND PLAN OF MERGER

ThisAGREEMENTANDPLANOFMERGER,datedasofOctober31,2017(this“Agreement ”),isbyandamongSouthcrossEnergyPartners,L.P.,aDelawarelimitedpartnership(“SXE ”),SouthcrossEnergyPartnersGP,LLC,aDelawarelimitedliabilitycompanyandthegeneralpartnerofSXE(“SXE GP ”andtogetherwithSXE,the“SXE Entities ”),AmericanMidstreamPartners,LP,aDelawarelimitedpartnership(“AMID ”),AmericanMidstreamGP,LLC,aDelawarelimitedliabilitycompanyandthegeneralpartnerofAMID(“AMID GP ”andtogetherwithAMID,the“AMID Entities ”),andCherokeeMergerSubLLC,aDelawarelimitedliabilitycompanyandawholly-ownedsubsidiaryofAMID(“Merger Sub ”).EachoftheSXEEntities,theAMIDEntitiesandMergerSubarereferredtohereinindividuallyasa“Party ”andcollectivelyasthe“Parties .”

W I T N E S S E T H:

WHEREAS,theConflictsCommittee(the“SXE Conflicts Committee ”)oftheBoardofDirectorsofSXEGP(the“SXE GP Board ”),byunanimousvote,atameetingdulycalledandheld,(a)determinedthatthisAgreementandthetransactionscontemplatedhereby,includingtheMerger(asdefinedherein),areinthebestinterestofSXEanditsSubsidiariesandtheCommonUnitholders(asdefinedherein)otherthanSXEGP,AMIDandtheirrespectiveAffiliates(collectively,the“Unaffiliated Common Unitholders ”),(b)approvedthisAgreementandthetransactionscontemplatedhereby,includingtheMerger(asdefinedherein),and(c)resolvedtorecommendtotheSXEGPBoardapprovalofthisAgreementandthetransactionscontemplatedhereby,includingtheMerger;

WHEREAS,uponthereceiptofsuchapprovalandrecommendationoftheSXEConflictsCommittee,atameetingdulycalledandheld,theSXEGPBoardunanimously(a)approvedthisAgreementandthetransactionscontemplatedhereby,includingtheMerger,(b)directedthatthisAgreementbesubmittedtoavoteoftheSXELimitedPartners(asdefinedherein),and(c)resolvedtorecommendapprovalofthisAgreementbytheSXELimitedPartners;

WHEREAS,atameetingdulycalledandheld,theAMIDGPBoardunanimouslyapprovedbyvoteofthedirectorspresentthisAgreement,theHoldingsContributionAgreement(asdefinedherein)andthetransactionscontemplatedherebyandthereby,includingtheMergerandtheHoldingsContribution;

WHEREAS,contemporaneouslywiththeexecutionanddeliveryofthisAgreementandasaconditiontotheParties’willingnesstoenterintothisAgreement,subjecttothetermsandconditionssetforthherein,SouthcrossHoldingsLP(“Southcross Holdings ”)andcertainofitsaffiliatesenteredintoavotingsupportagreement(the“Support Agreement ”)inconnectionwiththeMergerwithrespectto,amongotherthings,votingtheirSubordinatedUnitsandClassBConvertibleUnits(asdefinedherein)infavoroftheMergerandtheapprovalofthisAgreementandthetransactionscontemplatedhereby;

WHEREAS,contemporaneouslywiththeexecutionanddeliveryofthisAgreement,eachofAMID’sSeriesAPreferredUnitPartnerandSeriesCPreferredUnitPartner(eachasdefinedintheAMIDPartnershipAgreement)hasdelivereditswrittenconsentapprovingthis

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Agreement,theHoldingsContributionAgreement,andthetransactionscontemplatedherebyandthereby,includingtheMergerandtheHoldingsContribution,asrequiredundertheAMIDPartnershipAgreement;and

WHEREAS,immediatelypriortotheEffectiveTime,andasaconditiontotheClosinghereunder,SouthcrossHoldingswillcontributetoAMIDalloftheissuedandoutstandinglimitedliabilitycompanyinterestsofanewly-formedlimitedliabilitycompanythatwillbeawholly-ownedsubsidiaryofSouthcrossHoldingsandthatwillhold,directlyorindirectly,alloftheSXESecuritiesbeneficiallyownedbySouthcrossHoldingsandtheEquityInterestsofSXEGP(the“Holdings Contribution ”),pursuanttoaContributionAgreementdatedasofthedateofthisAgreement(the“Holdings Contribution Agreement ”).

NOW,THEREFORE,inconsiderationoftherepresentations,warranties,covenantsandagreementscontainedinthisAgreement,andintendingtobelegallybound,thePartiesagreeasfollows:

ARTICLE ITHE MERGER

Section1.1TheMerger.UponthetermsandsubjecttotheconditionssetforthinthisAgreement,andinaccordancewiththeDRULPAandtheDLLCA,attheEffectiveTime,SXEshallbemergedwithMergerSub(the“Merger ”),theseparatelimitedliabilitycompanyexistenceofMergerSubwillcease,andSXEwillcontinueitsexistenceasalimitedpartnershipunderDelawarelawasthesurvivingentityintheMergerandanindirectbuteconomicallywholly-ownedSubsidiaryofAMID(the“Surviving Entity ”).

Section1.2Closing.SubjecttotheprovisionsofArticleVI,theclosingoftheMerger(the“Closing ”)shalltakeplaceattheofficesofGibson,Dunn&CrutcherLLP,1221McKinneyStreet,Houston,Texas77010at9:00A.M.,localtime,onthesecondbusinessdayafterthesatisfactionorwaiveroftheconditionssetforthinArticleVI(otherthanconditionsthatbytheirnaturearetobesatisfiedattheClosing,butsubjecttothesatisfactionorwaiverofthoseconditions),oratsuchotherplace,dateandtimeasSXEandAMIDshallagree.ThedateonwhichtheClosingactuallyoccursisreferredtoasthe“Closing Date .”

Section1.3EffectiveTime.SubjecttotheprovisionsofthisAgreement,attheClosing,AMIDshallcauseacertificateofmergereffectingtheMerger,executedinaccordancewiththerelevantprovisionsoftheDRULPAandtheDLLCA(the“Certificate of Merger ”),tobedulyfiledwiththeSecretaryofStateoftheStateofDelaware.TheMergerwillbecomeeffectiveatsuchtimeastheCertificateofMergerhasbeendulyfiledwiththeSecretaryofStateoftheStateofDelawareoratsuchlaterdateortimeasmaybeagreedbySXEandAMIDinwritingandspecifiedintheCertificateofMerger(theeffectivetimeoftheMergerbeinghereinafterreferredtoasthe“Effective Time ”).

Section1.4EffectsoftheMerger.TheMergershallhavetheeffectssetforthhereinandintheapplicableprovisionsoftheDRULPAandtheDLLCA.

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Section1.5OrganizationalDocumentsoftheSurvivingEntity.

(a)AttheEffectiveTime,thecertificateoflimitedpartnershipofSXEasineffectimmediatelypriortotheEffectiveTimeshallremainunchangedandshallbethecertificateoflimitedpartnershipoftheSurvivingEntityfromandaftertheEffectiveTime,andthereaftermaybeamendedasprovidedthereinorbyLaw,ineachcaseconsistentwiththeobligationssetforthinSection5.8.

(b)AttheEffectiveTime,byvirtueoftheMergerandwithoutanyactiononthepartofSXEGP,AMIDGPortheirrespectivemembers,(i)theSXEPartnershipAgreementshallremainunchangedandshallcontinueineffectuntilthereafterchangedoramendedasprovidedthereinorbyapplicableLawand(ii)alllimitedpartnersofSXEimmediatelypriortotheEffectiveTimeshallsimultaneouslyceasetobelimitedpartnersofSXE.

ARTICLE IIEFFECT ON UNITS

Section2.1EffectofMerger.AttheEffectiveTime,byvirtueoftheMergerandwithoutanyactiononthepartofSXEGP,SXE,AMIDGP,AMIDortheholderofanysecuritiesofSXE:

(a)ConversionofCommonUnits.SubjecttoSection2.1(c),Section2.2(h)andSection2.4,(i)eachCommonUnitissuedandoutstandingasofimmediatelypriortotheEffectiveTime(otherthanCommonUnitsheldbySouthcrossHoldingsoranyofitsSubsidiaries)shallbeconvertedintotherighttoreceive0.160(the“Exchange Ratio ”)AMIDUnits(the“Merger Consideration ”),and(ii)eachCommonUnit,SubordinatedUnitandClassBConvertibleUnitissuedandoutstandingheldbySouthcrossHoldingsoranyofitsSubsidiaries,asoftheEffectiveTime,shallceasetobeoutstandingandshallbecancelledandretiredandshallceasetoexistandnoconsiderationwillbedeliveredinexchangeforsuchcancelledSXESecurities.

(b)CancellationofSXEIncentiveDistributionRights.TheSXEIncentiveDistributionRightsoutstandingimmediatelypriortotheEffectiveTimeshallceasetobeoutstandingandshallbecanceledandretiredandshallceasetoexist,andnoconsiderationwillbedeliveredinexchangeforsuchcancelledSXEIncentiveDistributionRights.

(c)CancellationofSXE-OwnedUnits.AnySXESecuritiesthatareowneduponconsummationoftheHoldingsContributionandimmediatelypriortotheEffectiveTimebyAMID,SXEoranyoftheirrespectiveSubsidiariesshallbeautomaticallycanceledandshallceasetoexistandnoconsiderationshallbedeliveredinexchangeforsuchcanceledSXESecurities.

(d)ConversionoftheMembershipInterestsinMergerSub.ThemembershipinterestsinMergerSubissuedandoutstandingimmediatelypriortotheEffectiveTimeshallbeconvertedintoCommonUnitsofSXE(astheSurvivingEntity),representing100%oftheaggregatepartnershipinterest(asdefinedintheDRULPA)ofalllimitedpartnersintheSurvivingEntity,andAMIDshallbeadmittedastheonlylimitedpartneroftheSurvivingEntity.AttheEffectiveTime,thebooksandrecordsofSXE(astheSurvivingEntity)shallberevisedtoreflecttheadmissionofAMIDastheonlylimitedpartneroftheSurvivingEntityandthesimultaneouswithdrawalofallotherSXELimitedPartners.

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(e)Certificates.AllCommonUnitsconvertedintotheMergerConsiderationpursuanttothisArticleIIshallnolongerbeoutstandingandshallautomaticallybecanceledandshallceasetoexist,andeachholderofacertificate(oreffectiveaffidavitsoflossinlieuthereof)(a“Certificate ”)orevidenceofunitsinbook-entryform(“Book-Entry Units ”)thatimmediatelypriortotheEffectiveTimerepresentedanysuchCommonUnitsshallceasetohaveanyrightswithrespectthereto,excepttherighttoreceivetheMergerConsideration,anydistributionstowhichsuchholderisentitledpursuanttoSection2.2(g)tobeissuedorpaidinconsiderationthereforuponsurrenderofsuchCertificateorBook-EntryUnitinaccordancewithSection2.2(c),withoutinterest,andtherighttobeadmittedasanAMIDLimitedPartner.AMIDGPherebyconsentstotheadmission(asanAMIDLimitedPartner)ofeachSXEUnitholderwhoisissuedAMIDUnitsinaccordancewiththisArticleII,uponthepropersurrenderoftheCertificateorBook-EntryUnitrepresentingCommonUnits.UponsuchsurrenderoftheCertificateorBook-EntryUnitandtherecordingofthenameofsuchPersonasalimitedpartnerofAMIDonthebooksandrecordsofAMID,suchPersonshallautomaticallyandeffectiveasoftheEffectiveTimebeadmittedasanAMIDLimitedPartnerandbeboundbytheAMIDPartnershipAgreementassuch.ByitssurrenderofaCertificateorBook-EntryUnit,orbyitsacceptanceofAMIDUnits,asapplicable,aSXEUnitholderconfirmsitsagreementtobeboundbyallofthetermsandconditionsoftheAMIDPartnershipAgreement.

Section2.2ExchangeofCertificates.

(a)ExchangeAgent.PriortotheClosingDate,AMIDshallappointanexchangeagentreasonablyacceptabletoSXE(the“Exchange Agent ”)forthepurposeofexchangingCertificatesorBook-EntryUnitsfortheMergerConsideration.AssoonasreasonablypracticableaftertheEffectiveTime,butinnoeventmorethanfivebusinessdaysfollowingtheEffectiveTime,AMIDwillsend,orwillcausetheExchangeAgenttosend,toeachholderofrecordofCommonUnitsasoftheEffectiveTime(and,totheextentcommerciallypracticable,tomakeavailableforcollectionbyhand,duringcustomarybusinesshourscommencingimmediatelyaftertheEffectiveTime,ifsoelectedbysuchholderofrecord),whoseCommonUnitswereconvertedintotherighttoreceivetheMergerConsideration,aletteroftransmittal(whichshallspecifythatthedeliveryshallbeeffected,andriskoflossandtitleshallpass,onlyuponproperdeliveryoftheCertificatestotheExchangeAgent)insuchformsasSXEandAMIDmayreasonablyagree,including,asapplicable,instructionsforuseineffectingthesurrenderofCertificatesorBook-EntryUnitstotheExchangeAgentinexchangefortheMergerConsideration.

(b)Deposit.AtorpriortotheClosing,AMIDshallcausetobedepositedwiththeExchangeAgent,intrustforthebenefitoftheholdersofCommonUnitswhoseCommonUnitswereconvertedintotherighttoreceivetheMergerConsiderationanamountofAMIDUnits(whichshallbeinnon-certificatedbook-entryform)issuableuponduesurrenderoftheCertificatesorBook-EntryUnitspursuanttotheprovisionsofthisArticleII.FollowingtheEffectiveTime,AMIDagreestomakeavailabletotheExchangeAgent,fromtimetotimeasneeded,cashinU.S.dollarssufficienttopayanydistributionspursuanttoSection2.2(g),anyAMIDUnitssufficienttopayanyMergerConsiderationandanythatmaybepayablefromtime

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totimefollowingtheEffectiveTime.Allcashorbook-entryunitsrepresentingAMIDUnitsdepositedwiththeExchangeAgentorrepresentingAMIDUnitstobedeliveredpursuanttoSection2.2(h)shallbereferredtointhisAgreementasthe“Exchange Fund .”TheExchangeAgentshall,pursuanttoirrevocableinstructions,delivertheMergerConsiderationcontemplatedtobeissuedorpaidpursuanttothisArticleIIoutoftheExchangeFund.TheExchangeFundshallnotbeusedforanyotherpurpose.

(c)Exchange.EachholderofCommonUnitsthathavebeenconvertedintotherighttoreceivetheMergerConsiderationuponsurrendertotheExchangeAgentofaBook-EntryUnitoraproperlycompletedletteroftransmittal,dulyexecutedandcompletedinaccordancewiththeinstructionstheretoandaCertificateandsuchotherdocumentsasmayreasonablyberequiredbytheExchangeAgent,willbeentitledtoreceiveinexchangetherefor(x)thenumberofAMIDUnitsrepresenting,intheaggregate,thewholenumberofAMIDUnitsthatsuchholderhastherighttoreceiveinaccordancewiththeprovisionsofthisArticleIIand/or(y)acheckdenominatedinU.S.dollarsintheamountofcash,ifany,thatsuchholderhastherighttoreceivepursuanttothisArticleII.TheMergerConsiderationshallbepaidaspromptlyaspracticablebymailafterreceiptbytheExchangeAgentoftheBook-EntryUnitorCertificateandletteroftransmittalinaccordancewiththeforegoing.NointerestshallbepaidoraccruedonanyMergerConsiderationoronanyunpaiddistributionspayabletoholdersofCertificatesorBook-EntryUnits.Untilsosurrendered,eachsuchCertificateorBook-EntryUnitshall,aftertheEffectiveTime,representforallpurposesonlytherighttoreceivesuchMergerConsideration.TheMergerConsiderationpaiduponsurrenderofCertificatesorBook-EntryUnitsshallbedeemedtohavebeenpaidinfullsatisfactionofallrightspertainingtotheCommonUnits,asthecasemaybe,formerlyrepresentedbysuchCertificatesorBook-EntryUnits.

(d)OtherPayees.IfanyportionoftheMergerConsiderationistoberegisteredinthenameofaPersonotherthanthePersoninwhosenametheapplicablesurrenderedCertificateorBook-EntryUnitisregistered,itshallbeaconditiontotheregistrationthereofthatthesurrenderedCertificateorBook-EntryUnitshallbeproperlyendorsedorotherwisebeinproperformfortransferandthatthePersonrequestingsuchdeliveryoftheMergerConsiderationshallpaytotheExchangeAgentanytransferorothersimilarTaxesrequiredasaresultofsuchregistrationinthenameofaPersonotherthantheregisteredholderofsuchCertificateorBook-EntryUnitorestablishtothesatisfactionoftheExchangeAgentthatsuchTaxhasbeenpaidorisnotpayable.

(e)NoFurtherTransfers.FromandaftertheEffectiveTime,thereshallbenofurtherregistrationonthebooksofSXEoftransfersofCommonUnits.FromandaftertheEffectiveTime,theholdersofCertificatesorBook-EntryUnitsrepresentingCommonUnitsoutstandingimmediatelypriortotheEffectiveTimeshallceasetohaveanyrightswithrespecttosuchCommonUnits,exceptasotherwiseprovidedinthisAgreementorbyapplicableLaw.If,aftertheEffectiveTime,CertificatesorBook-EntryUnitsarepresentedtotheExchangeAgentorAMID,theyshallbecanceledandexchangedfortheconsiderationprovidedfor,andinaccordancewiththeproceduressetforth,inthisArticleII.

(f)TerminationofExchangeFund.AnyportionoftheExchangeFundthatremainsunclaimedbytheCommonUnitholders12monthsaftertheEffectiveTimeshallbereturnedtoAMID,upondemand,andanysuchholderwhohasnotexchangedsuchholder’s

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CommonUnitsfortheMergerConsiderationinaccordancewiththisSection2.2priortothattimeshallthereafterlookonlytoAMIDfordeliveryoftheMergerConsiderationasapplicable,inrespectofsuchholder’sCommonUnits.Notwithstandingtheforegoing,AMIDandSXEshallnotbeliabletoanyCommonUnitholderforanyMergerConsiderationdulydeliveredtoapublicofficialpursuanttoapplicableabandonedpropertyLaws.AnyMergerConsiderationremainingunclaimedbyCommonUnitholdersimmediatelypriortosuchtimeassuchamountswouldotherwiseescheatto,orbecomepropertyof,anyGovernmentalAuthorityshall,totheextentpermittedbyapplicableLaw,becomethepropertyofAMIDfreeandclearofanyclaimsorinterestofanyPersonpreviouslyentitledthereto.

(g)Distributions.NodistributionswithrespecttoAMIDUnitsissuedintheMergershallbepaidtotheholderofanyunsurrenderedCertificatesorBook-EntryUnitsuntilsuchCertificatesorBook-EntryUnitsaresurrenderedasprovidedinthisSection2.2.Followingsuchsurrender,subjecttotheeffectofescheat,TaxorotherapplicableLaw,thereshallbepaid,withoutinterest,totherecordholderoftheAMIDUnits,ifany,issuedinexchangetherefor(i)atthetimeofsuchsurrender,alldistributionspayableinrespectofanysuchAMIDUnitswitharecorddateaftertheEffectiveTimeandapaymentdateonorpriortothedateofsuchsurrenderandnotpreviouslypaidand(ii)attheappropriatepaymentdate,thedistributionspayablewithrespecttosuchAMIDUnitswitharecorddateaftertheEffectiveTimebutwithapaymentdatesubsequenttosuchsurrender.ForpurposesofdistributionsinrespectofAMIDUnits,allAMIDUnitstobeissuedpursuanttotheMergershallbeentitledtodistributionspursuanttotheimmediatelyprecedingsentenceasifissuedandoutstandingasoftheEffectiveTime.

(h)NoFractionalUnits.NocertificatesorscriprepresentingfractionalAMIDUnitsshallbeissueduponthesurrenderforexchangeofCertificatesorBook-EntryUnits.NotwithstandinganyotherprovisionofthisAgreement,allfractionalAMIDUnitsthataholderofCommonUnitsconvertedpursuanttotheMergerwouldotherwisebeentitledtoreceiveasMergerConsideration(aftertakingintoaccountallCertificatesorBook-EntryUnitsdeliveredbysuchholder)willbeaggregatedandthen,ifafractionalAMIDUnitresultsfromthataggregation,beroundeduptothenearestwholeAMIDUnit.

(i)Lost,StolenorDestroyedCertificates.IfanyCertificateshallhavebeenlost,stolenordestroyed,uponthemakingofanaffidavitofthatfactbythePersonclaimingsuchCertificatetobelost,stolenordestroyedand,ifrequiredbyAMID,thepostingbysuchPersonofabond,insuchreasonableamountasAMIDmaydirect,asindemnityagainstanyclaimthatmaybemadeagainstitwithrespecttosuchCertificate,theExchangeAgentwillissueinexchangeforsuchlost,stolenordestroyedCertificatetheMergerConsiderationtobepaidinrespectoftheCommonUnitsrepresentedbysuchCertificateascontemplatedbythisArticleII.

(j)WithholdingTaxes.AMIDandtheExchangeAgentshalldeductandwithholdfromtheconsiderationotherwisepayablepursuanttothisAgreementtoaCommonUnitholdersuchamountsasarerequiredtobedeductedandwithheldwithrespecttothemakingofsuchpaymentundertheInternalRevenueCodeof1986,asamended(the“Code ”),andtherulesandregulationspromulgatedthereunder,orunderanyprovisionofapplicablestate,localorforeignTaxLaw(andtotheextentdeductionandwithholdingisrequired,suchdeductionandwithholdingshallbetakeninAMIDUnits).TotheextentamountsaresowithheldandpaidovertotheappropriateTaxauthority,suchwithheldamountsshallbetreatedforthepurposesofthis

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AgreementashavingbeenpaidtotheformerholderoftheCommonUnits,asapplicable,inrespectofwhomsuchwithholdingwasmade.IfwithholdingistakeninAMIDUnits,AMIDandtheExchangeAgentshallbetreatedashavingsoldsuchconsiderationforanamountofcashequaltothefairmarketvalueofsuchconsiderationatthetimeofsuchdeemedsaleandpaidsuchcashproceedstotheappropriateTaxauthority.

(k)TaxCharacterizationoftheMerger.ThePartiesherebyacknowledgethat,forU.S.federalincomeTaxpurposes,theMergerwillbetreatedasan“assets-over”partnershipmergertransactionunderTreasuryRegulationsSections1.708-1(c)(1)and1.708-1(c)(3)(i),whereby,SXEwillbetheterminatingpartnershipandAMIDwillbetheresultingpartnershipand,asaresult,theMergerwillqualifyinpartfornonrecognitionofgainorlosspursuanttoSection721oftheCodeandwillbecharacterizedasadisguisedsaletransactiondescribedinSection707(a)(2)(B)oftheCodewithrespecttothecashconsideration,ifany,andanyliabilitiesassumedinthetransaction(otherthan“qualifiedliabilities”withinthemeaningofTreasuryRegulationsSection1.707-5(a)(6)totheextentprovidedintheTreasuryRegulations)(the“Section 707 Consideration ”).EachPartyagreestoprepareandfileallU.S.federalincomeTaxReturnsinaccordancewiththeforegoingandshallnottakeanypositioninconsistenttherewithonanysuchTaxReturn,orinthecourseofanyaudit,litigationorotherproceedingwithrespecttoU.S.federalincomeTaxes,exceptasotherwiserequiredbyapplicableLawsfollowingafinaldeterminationbyacourtofcompetentjurisdictionorotherfinaladministrativedecisionbyanapplicableGovernmentalAuthority.

Section2.3TreatmentoftheSXELTIPUnits.ImmediatelypriortotheEffectiveTime,eachawardofSXELTIPUnitsthatisthenoutstandingshallbefullyvestedandsettledintheformofCommonUnits,providedthatSXEshallwithholdaportionoftheCommonUnitsthatwouldotherwisebedelivereduponvestinganamountequaltoanyapplicablefederal,stateandlocaltaxes,andtheholderofsuchCommonUnitsshallreceivetheconsiderationprovidedunderSection2.1(a)above.AnytandemdividendequivalentrightissuedinconnectionwithanawardofSXELTIPUnitsshallbesettledassoonasadministrativelyfeasiblefollowingtheEffectiveTime.AsoftheEffectiveTime,AMIDshallassumesuchplansforpurposesofemployingsuchplanstomakegrantsofequitybasedawardsonAMIDUnitsfollowingtheClosing.

Section2.4Adjustments.NotwithstandinganyprovisionofthisArticleIItothecontrary(butwithoutinanywaylimitingthecovenantsinSection5.2),ifbetweenthedateofthisAgreementandtheEffectiveTimethenumberofoutstandingCommonUnitsorAMIDUnitsshallhavebeenchangedintoadifferentnumberofunitsoradifferentclassbyreasonoftheoccurrenceorrecorddateofanyunitdividend,subdivision,reclassification,recapitalization,split,split-up,unitdistribution,unitcombination,exchangeofunitsorsimilartransaction,theExchangeRatioshallbeappropriatelyadjustedtoreflectfullytheeffectofsuchunitdividend,subdivision,reclassification,recapitalization,split,split-up,unitdistribution,unitcombination,exchangeofunitsorsimilartransactionandtoprovidetheholdersofCommonUnitsthesameeconomiceffectascontemplatedbythisAgreementpriortosuchevent.

Section2.5NoDissenters’Rights.Nodissenters’orappraisalrightsshallbeavailablewithrespecttotheMergerortheothertransactionscontemplatedhereby.

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ARTICLE IIIREPRESENTATIONS AND WARRANTIES OF THE SXE ENTITIES

Exceptasdisclosedin(a)theSXESECDocumentsfiledwiththeSEConorafterDecember31,2014andpriortothedateofthisAgreement(butexcludinganydisclosurecontainedinanysuchSXESECDocumentsundertheheading“RiskFactors”or“Forward-LookingInformation”orsimilarheading(otherthananyhistorical,factualinformationcontainedwithinsuchheadings,disclosuresorstatements))or(b)thedisclosureletterdeliveredbySXEtoAMID(the“SXEDisclosure Schedules ”)priortotheexecutionofthisAgreement,theSXEEntitiesrepresentandwarrant,jointlyandseverally,totheAMIDEntitiesasfollows:

Section3.1Organization,StandingandPower.

(a)EachofSXE,SXEGPandtheirrespectiveSubsidiariesisalegalentitydulyorganized,validlyexistingandingoodstandingundertheLawsofthejurisdictioninwhichitisincorporated,formedororganized,asapplicable,andhasallrequisitepartnership,corporate,limitedliabilitycompanyorotherapplicablepowerandauthoritynecessarytoownorleaseallofitspropertiesandassetsandtocarryonitsbusinessasitisnowbeingconducted,exceptwherethefailuretohavesuchpowerorauthoritywouldnot,individuallyorintheaggregate,haveaMaterialAdverseEffectonSXE(a“SXE Material Adverse Effect ”).

(b)EachofSXE,SXEGPandtheirrespectiveSubsidiariesisdulylicensedorqualifiedtodobusinessandisingoodstandingineachjurisdictioninwhichthenatureofthebusinessconductedbyitorthecharacterorlocationofthepropertiesandassetsownedorleasedbyitmakessuchlicensingorqualificationnecessary,exceptwherethefailuretobesolicensed,qualifiedoringoodstandingwouldnot,individuallyorintheaggregate,haveaSXEMaterialAdverseEffect.

(c)Alltheoutstandingpartnershipinterests,limitedliabilitycompanyinterests,sharesofcapitalstockof,orotherequityinterestsin,eachmaterialSubsidiaryofSXEthatareowneddirectlyorindirectlybySXEhavebeendulyauthorizedandvalidlyissuedandarefullypaidandnonassessable(exceptassuchnonassessabilitymaybeaffectedbySections18-303,18-607or18-804oftheDLLCA,Sections17-303,17-607or18-704oftheDRULPA,orSections101.114,101.153,101.206,153.102,153.112,153.202and153.210oftheTBOC)andareownedfreeandclearofallliens,pledges,charges,mortgages,encumbrances,options,rightsoffirstrefusalorotherpreferentialpurchaserights,adverserightsorclaimsandsecurityinterestsofanykindornaturewhatsoever(includinganyrestrictionontherighttovoteortransferthesame,exceptforsuchtransferrestrictionsofgeneralapplicabilityasmaybeprovidedundertheSecuritiesActof1933,asamended,andtherulesandregulationspromulgatedthereunder(the“Securities Act ”),andthe“bluesky”lawsofthevariousStatesoftheUnitedStates)(collectively,“Liens ”).ExceptfortheinterestsandsharesofcapitalstockoftheSXEJointVenturesheldbySXE’sjointventurepartners,allsuchinterestsandsharesofcapitalstockofeachSubsidiaryareowneddirectlyorindirectlybySXE.

(d)SXEhasmadeavailabletoAMIDcorrectandcompletecopiesofitscertificateoflimitedpartnershipandtheSXEPartnershipAgreement(the“SXE Charter Documents ”),andcorrectandcompletecopiesofthecomparableorganizationaldocumentsof

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eachofitsmaterialSubsidiaries(the“SXE Subsidiary Documents ”),ineachcaseasamendedtothedateofthisAgreement.AllsuchSXECharterDocumentsareinfullforceandeffectandSXEisnotinviolationofanyoftheirprovisionsinanymaterialrespect.

Section3.2Capitalization.

(a)AsofthecloseofbusinessonOctober30,2017,SXEhasnoSXEPartnershipInterestsorotherpartnershipinterestsorequityinterestsissuedandoutstanding,otherthan:(i)48,614,187CommonUnits;(ii)12,213,713SubordinatedUnits;(iii)18,019,811ClassBConvertibleUnits;(iv)theSXEIncentiveDistributionRights;and(v)1,609,137SXEGeneralPartnerUnits.AsofthecloseofbusinessonOctober30,2017,5,325,788SXELTIPUnitswerereservedforissuanceundertheSXEEquityPlans.AlloutstandingCommonUnits,SubordinatedUnits,ClassBConvertibleUnits,theSXEIncentiveDistributionRightsandSXEGeneralPartnerUnitshavebeendulyauthorizedandvalidlyissuedandarefullypaid,nonassessable(exceptassuchnonassessabilitymaybeaffectedbymattersdescribedinSections17-303,17-607and17-804oftheDRULPA)andfreeofpreemptiverights.Except(A)assetforthaboveinthisSection3.2(a)or(B)asotherwisepermittedbySection5.2(a),asofthedateofthisAgreementtherearenot,and,asoftheEffectiveTimetherewillnotbe,anySXEPartnershipInterestsorotherpartnershipinterests,votingsecuritiesorotherequityinterestsofSXEissuedandoutstandingoranysubscriptions,options,warrants,calls,convertibleorexchangeablesecurities,rights,commitmentsoragreementsofanycharacterprovidingfortheissuanceofanySXEPartnershipInterestsorotherpartnershipinterests,votingsecuritiesorotherequityinterestsofSXE,includinganyrepresentingtherighttopurchaseorotherwisereceiveanyoftheforegoingoranybond,debentureorotherindebtednesshavingtherighttovoteorconvertible,exchangeableorexercisableforsecuritieshavingtherighttovote.

(b)ExceptassetforthintheSXESubsidiaryDocuments,noneofSXEoranyofitsSubsidiarieshasissuedorisboundbyanyoutstandingsubscriptions,options,warrants,calls,convertibleorexchangeablesecurities,rights,commitmentsoragreementsofanycharacterprovidingforthefutureissuanceordispositionofanypartnershipinterests,sharesofcapitalstock,votingsecuritiesorequityinterestsofanySubsidiaryofSXE.Except(i)assetforthintheSXECharterDocumentsorSXESubsidiaryDocuments,asineffectasofthedateofthisAgreement,or(ii)inconnectionwiththevesting,settlementorforfeitureof,orTaxwithholdingwithrespectto,anyequityorequity-basedawardsgrantedunderSXEEquityPlandisclosedinSection3.2(a)andoutstandingasofthedateofthisAgreement,therearenooutstandingobligationsofSXEoranyofitsSubsidiariestorepurchase,redeemorotherwiseacquireanySXEPartnershipInterestsorotherpartnershipinterests,sharesofcapitalstock,votingsecuritiesorequityinterests(oranyoptions,warrantsorotherrightstoacquireanySXEPartnershipInterestsorotherpartnershipinterests,sharesofcapitalstock,votingsecuritiesorequityinterests)ofSXEoranyofitsSubsidiaries.

(c)SXEGPisthesolegeneralpartnerofSXE.SXEGPisthesolerecordandbeneficialowneroftheSXEGeneralPartnerInterest,andsuchSXEGeneralPartnerInteresthasbeendulyauthorizedandvalidlyissuedinaccordancewithapplicableLawandtheSXEPartnershipAgreement.SXEGPownstheSXEGeneralPartnerInterestfreeandclearofanyLiens.

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Section3.3Authority;Noncontravention;VotingRequirements.

(a)EachoftheSXEEntitieshasallnecessarypowerandauthoritytoexecuteanddeliverthisAgreementandtoconsummatethetransactionscontemplatedhereby,includingtheMerger,subjecttoobtainingtheSXEUnitholderApprovalfortheMerger.SubjecttoSection5.3(d),theexecution,deliveryandperformancebytheSXEEntitiesofthisAgreement,andtheconsummationofthetransactionscontemplatedhereby,includingtheMerger,havebeendulyauthorizedandapprovedbytheSXEGPBoard,which,atameetingdulycalledandheld,has,onbehalfofSXEandSXEGP,(i)approvedanddeclaredadvisablethisAgreementandthetransactionscontemplatedhereby,includingtheMerger,(ii)resolvedtosubmittheAgreementtoavoteoftheSXELimitedPartnersand(iii)resolvedtorecommendapprovalofthisAgreementbytheSXELimitedPartners.ExceptforobtainingtheSXEUnitholderApprovalfortheapprovalofthisAgreement,andconsummationofthetransactionscontemplatedhereby,nootherentityactiononthepartoftheSXEEntitiesisnecessarytoauthorizetheexecution,deliveryandperformancebytheSXEEntitiesofthisAgreementandtheconsummationofthetransactionscontemplatedhereby,includingtheMerger.ThememberofSXEGPhasunanimouslyapprovedtheadoptionofthisAgreementandtheconsummationofthetransactionscontemplatedhereby.ThisAgreementhasbeendulyexecutedanddeliveredbytheSXEEntitiesand,assumingdueauthorization,executionanddeliveryofthisAgreementbytheotherPartieshereto,constitutesthelegal,validandbindingobligationofeachoftheSXEEntities,enforceableagainsteachoftheminaccordancewithitsterms,exceptassuchenforcementmaybelimitedbyapplicablebankruptcy,insolvency,reorganization,moratorium,fraudulentconveyanceorothersimilarLawsaffectingtheenforcementofcreditors’rightsandremediesgenerallyandbygeneralprinciplesofequity(whetherappliedinaProceedingoratlaworinequity).

(b)NeithertheexecutionanddeliveryofthisAgreementbytheSXEEntitiesnortheconsummationbytheSXEEntitiesofthetransactionscontemplatedhereby,norcompliancebytheSXEEntitieswithanyofthetermsorprovisionsofthisAgreement,will(i)assumingthattheSXEUnitholderApprovalisobtained,conflictwithorviolateanyprovisionoftheSXECharterDocuments,theSXEGPCharterDocumentsoranyoftheSXESubsidiaryDocuments,(ii)assumingthattheauthorizations,consentsandapprovalsreferredtoinSection3.4andtheSXEUnitholderApprovalareobtainedandthefilingsreferredtoinSection3.4aremade,(x)violateanyLaw,judgment,writorinjunctionofanyGovernmentalAuthorityapplicabletoSXEoranyofitsSubsidiariesoranyoftheirrespectivepropertiesorassets,or(y)violate,conflictwith,resultinthelossofanybenefitunder,constituteadefault(oraneventwhich,withnoticeorlapseoftime,orboth,wouldconstituteadefault)under,resultintheterminationoforarightofterminationorcancellationunder,acceleratetheperformancerequiredby,orresultinthecreationofanyLienuponanyoftherespectivepropertiesorassetsof,SXEoranyofitsSubsidiariesunderanyoftheterms,conditionsorprovisionsofanyloanorcreditagreement,debenture,note,bond,mortgage,indenture,deedoftrust,license,lease,contractorotheragreement(includinganySXEMaterialContract),instrumentorobligation(each,a“Contract ”)orSXEPermit(includinganyEnvironmentalPermit)towhichSXEoranyofitsSubsidiariesisaparty,orbywhichtheyoranyoftheirrespectivepropertiesorassetsmaybeboundoraffectedor(iii)resultintheexercisabilityofanyrighttopurchaseoracquireanymaterialassetofSXEoranyofitsSubsidiaries,except,inthecaseofclauses(ii)(x)and(ii)(y),forsuchviolations,conflicts,losses,defaults,terminations,cancellations,accelerationsorLiensas,individuallyorintheaggregate,wouldnotreasonablybeexpectedtohaveaSXEMaterialAdverseEffect.

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(c)Theaffirmativevoteorconsentoftheholdersof(i)atleastamajorityoftheOutstandingCommonUnits(excludingCommonUnitsownedbySXEGPoritsAffiliates),votingasaclass,(ii)atleastamajorityoftheOutstandingSubordinatedUnits,votingasaclass,and(iii)atleastamajorityoftheOutstandingClassBConvertibleUnitsvotingasaclass,asrequiredbytheSXEPartnershipAgreement,attheSXEUnitholdersMeetingoranyadjournmentorpostponementthereofinfavoroftheapprovalofthisAgreementandthetransactionscontemplatedhereby(the“SXE Unitholder Approval ”)istheonlyvoteorapprovaloftheholdersofanyclassorseriesofSXEPartnershipInterestsorotherpartnershipinterests,equityinterestsorcapitalstockofSXEoranyofitsSubsidiarieswhichisnecessarytoapprovethisAgreementandthetransactionscontemplatedhereby.

Section3.4GovernmentalApprovals.Exceptfor(a)filingsrequiredunder,andcompliancewithotherapplicablerequirementsof,theSecuritiesExchangeActof1934,asamended,andtherulesandregulationspromulgatedthereunder(the“Exchange Act ”),andtheSecuritiesAct,includingthefilingofaproxystatementwiththeSECinconnectionwiththeMerger(the“Proxy Statement ”),(b)thefilingoftheCertificateofMergerwiththeSecretaryofStateoftheStateofDelaware,(c)filingsrequiredunder,andcompliancewithotherapplicablerequirementsof,theHSRActor(d)anyconsents,authorizations,approvals,filingsorexemptionsinconnectionwithcompliancewiththerulesoftheNYSE,noconsentsorapprovalsof,orfilings,declarationsorregistrationswith,anyGovernmentalAuthorityarenecessaryfortheexecution,deliveryandperformanceofthisAgreementbySXEandSXEGPandtheconsummationbySXEandSXEGPofthetransactionscontemplatedhereby,otherthansuchotherconsents,approvals,filings,declarationsorregistrationsthat,ifnotobtained,madeorgiven,wouldnot,individuallyorintheaggregate,reasonablybeexpectedtoresultinaSXEMaterialAdverseEffect.

Section3.5SXESECDocuments;UndisclosedLiabilities.

(a)SXEanditsSubsidiarieshavefiledandfurnishedallreports,schedules,forms,certifications,prospectuses,andregistration,proxyandotherstatementsrequiredtobefiledbythemwiththeSECsinceDecember31,2014(collectivelyandtogetherwithalldocumentsfiledonavoluntarybasisonForm8-K,andineachcaseincludingallexhibitsandschedulestheretoanddocumentsincorporatedbyreferencetherein,the“SXE SEC Documents ”).TheSXESECDocuments,asoftheirrespectiveeffectivedates(inthecaseoftheSXESECDocumentsthatareregistrationstatementsfiledpursuanttotherequirementsoftheSecuritiesAct)andasoftheirrespectiveSECfilingdates(inthecaseofallotherSXESECDocuments),or,ifamended,asfinallyamendedpriortothedateofthisAgreement,compliedinallmaterialrespectswiththerequirementsoftheExchangeAct,theSecuritiesActandtheSarbanes-OxleyActof2002,asamended,andtherulesandregulationspromulgatedthereunder(the“Sarbanes-Oxley Act ”),asthecasemaybe,applicabletosuchSXESECDocuments,andnoneoftheSXESECDocumentsasofsuchrespectivedatescontainedanyuntruestatementofamaterialfactoromittedtostateamaterialfactrequiredtobestatedthereinornecessaryinordertomakethestatementstherein,inlightofthecircumstancesunderwhichtheyweremade,notmisleading.AsofthedateofthisAgreement,therearenooutstandingorunresolvedcommentsreceivedfromtheSECstaffwithrespecttotheSXESECDocuments.TotheKnowledgeofSXE,noneoftheSXESECDocumentsisthesubjectofongoingSECrevieworinvestigation.

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(b)TheconsolidatedfinancialstatementsofSXEincludedintheSXESECDocumentsasoftheirrespectivedates(ifamended,asofthedateofthelastsuchamendment)complyastoforminallmaterialrespectswithapplicableaccountingrequirementsandthepublishedrulesandregulationsoftheSECwithrespectthereto,havebeenpreparedinaccordancewithGAAP(except,inthecaseofunauditedquarterlystatements,asindicatedinthenotesthereto)appliedonaconsistentbasisduringtheperiodsinvolved(exceptasmaybeindicatedinthenotesthereto)andfairlypresentinallmaterialrespectstheconsolidatedfinancialpositionofSXEanditsconsolidatedSubsidiariesasofthedatesthereofandtheconsolidatedresultsoftheiroperations,cashflowsandchangesinpartners’equityfortheperiodsthenended(subject,inthecaseofunauditedquarterlystatements,tonormalyear-endauditadjustments,noneofwhichhasbeenorwillbe,individuallyorintheaggregate,materialtoSXEanditsconsolidatedSubsidiaries,takenasawhole).

(c)SXEhasestablishedandmaintainsinternalcontroloverfinancialreportinganddisclosurecontrolsandprocedures(assuchtermsaredefinedinRule13a-15andRule15d-15undertheExchangeAct);suchdisclosurecontrolsandproceduresaredesignedtoensurethatmaterialinformationrelatingtoSXE,includingitsconsolidatedSubsidiaries,requiredtobedisclosedbySXEinthereportsthatitfilesorsubmitsundertheExchangeActisaccumulatedandcommunicatedtoSXE’sprincipalexecutiveofficeranditsprincipalfinancialofficertoallowtimelydecisionsregardingrequireddisclosure;andsuchdisclosurecontrolsandproceduresareeffectivetoensurethatinformationrequiredtobedisclosedbySXEinthereportsthatitfilesorsubmitsundertheExchangeActisrecorded,processed,summarizedandreportedwithinthetimeperiodsspecifiedinSECrulesandforms.SXE’sprincipalexecutiveofficeranditsprincipalfinancialofficerhavedisclosed,basedontheirmostrecentevaluation,toSXE’sauditorsandtheauditcommitteeoftheSXEGPBoard(x)allsignificantdeficienciesinthedesignoroperationofinternalcontrolswhichcouldadverselyaffectSXE’sabilitytorecord,process,summarizeandreportfinancialdataandhaveidentifiedforSXE’sauditorsanymaterialweaknessesininternalcontrolsand(y)anyfraud,whetherornotmaterial,thatinvolvesmanagementorotheremployeeswhohaveasignificantroleinSXE’sinternalcontrols.TheprincipalexecutiveofficerandtheprincipalfinancialofficerofSXEhavemadeallcertificationsrequiredbytheSarbanes-OxleyAct,theExchangeActandanyrelatedrulesandregulationspromulgatedbytheSECwithrespecttotheSXESECDocuments,andthestatementscontainedinsuchcertificationswerecompleteandcorrectwhenmade.ThemanagementofSXEhascompleteditsassessmentoftheeffectivenessofSXE’sinternalcontroloverfinancialreportingincompliancewiththerequirementsofSection404oftheSarbanes-OxleyActfortheyearendedDecember31,2016,andsuchassessmentconcludedthatsuchcontrolswereeffective.TotheKnowledgeofSXE,asofthedateofthisAgreementtherearenofactsorcircumstancesthatwouldpreventitsprincipalexecutiveofficerandprincipalfinancialofficerfromgivingthecertificationsandattestationsrequiredpursuanttotherulesandregulationsadoptedpursuanttoSection404oftheSarbanes-OxleyAct,withoutqualification,whennextdue.

(d)Except(i)asreflectedorotherwisereservedagainstonthebalancesheetofSXEanditsSubsidiariesasofJune30,2017(the“Balance SheetDate ”)(includingthenotesthereto)includedintheSXESECDocumentsfiledbySXEandpubliclyavailablepriortothe

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dateofthisAgreement,(ii)forliabilitiesandobligationsincurredsincetheBalanceSheetDateintheordinarycourseofbusinessand(iii)forliabilitiesandobligationsincurredunderorinaccordancewiththisAgreementorinconnectionwiththetransactionscontemplatedhereby,neitherSXEnoranyofitsSubsidiarieshasanyliabilitiesorobligationsofanynature(whetherornotaccruedorcontingent),thatwouldberequiredtobereflectedorreservedagainstonaconsolidatedbalancesheetofSXEpreparedinaccordancewithGAAPorthenotesthereto,otherthanashavenotandwouldnotreasonablybeexpectedtohave,individuallyorintheaggregate,aSXEMaterialAdverseEffect.

(e)NeitherSXEnoranyofitsSubsidiariesisapartyto,orhasanycommitmenttobecomeapartyto,anyjointventure,off-balancesheetpartnershiporanysimilarContract(includinganyContractorarrangementrelatingtoanytransactionorrelationshipbetweenoramongSXEandanyofitsSubsidiaries,ontheonehand,andanyunconsolidatedAffiliate,includinganystructuredfinance,specialpurposeorlimitedpurposeentityorPerson,ontheotherhand,orany“off-balancesheetarrangements”(asdefinedinItem303(a)ofRegulationS-KoftheSEC)),wherethepurposeofsuchContractistoavoiddisclosureofanymaterialtransactioninvolving,ormaterialliabilitiesof,SXEinSXE’spublishedfinancialstatementsoranySXESECDocuments.

Section3.6AbsenceofCertainChangesorEvents.

(a)SincetheBalanceSheetDate,therehasnotbeenaSXEMaterialAdverseEffect.

(b)SincetheBalanceSheetDate,(i)exceptforthisAgreementandthetransactionscontemplatedhereby,SXEanditsSubsidiarieshavecarriedonandoperatedtheirrespectivebusinessesinallmaterialrespectsintheordinarycourseofbusinessconsistentwithpastpracticeand(ii)neitherSXEnoranyofitsSubsidiarieshastakenanyactiondescribedinSection5.2(a)that,iftakenafterthedateofthisAgreementandpriortotheEffectiveTimewithoutthepriorwrittenconsentofAMID,wouldviolatesuchprovision.

Section3.7LegalProceedings.Therearenoinvestigationsorproceedingspending(or,totheKnowledgeofSXE,threatened)byanyGovernmentalAuthoritywithrespecttoSXEoranyofitsSubsidiariesoractions,suitsorproceedingspending(or,totheKnowledgeofSXE,threatened)againstSXEoranyofitsSubsidiariesoranyoftheirrespectiveproperties,atlaworinequitybeforeanyGovernmentalAuthority,andtherearenoorders,judgmentsordecreesofanyGovernmentalAuthorityagainstSXEoranyofitsSubsidiaries,ineachcaseexceptforthosethatwouldnotreasonablybeexpectedtohave,individuallyorintheaggregate,aSXEMaterialAdverseEffect.

Section3.8CompliancewithLaws;Permits.

(a)SXEanditsSubsidiariesare,andsincethelaterofDecember31,2014andtheirrespectivedatesofincorporation,formationororganizationhavebeen,incompliancewithandarenotindefaultunderorinviolationofanyapplicablefederal,state,localorforeignorprovinciallaw,statute,tariff,ordinance,rule,regulation,judgment,order,injunction,stipulation,determination,awardordecreeoragencyrequirementoforundertakingtoany

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GovernmentalAuthority,includingcommonlaw(collectively,“Laws ”andeach,a“Law ”),exceptwheresuchnon-compliance,defaultorviolationwouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect.

(b)SXEanditsSubsidiariesareinpossessionofallPermits(includingEnvironmentalPermits)necessaryforSXEanditsSubsidiariestoown,leaseandoperatetheirpropertiesandassetsortocarryontheirbusinessesastheyarenowbeingconducted(the“SXE Permits ”),exceptwherethefailuretohaveanyoftheSXEPermitswouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect.AllSXEPermitsareinfullforceandeffect,exceptwherethefailuretobeinfullforceandeffectwouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect.NosuspensionorcancellationofanyoftheSXEPermitsispendingor,totheKnowledgeofSXE,threatened,exceptwheresuchsuspensionorcancellationwouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect.SXEanditsSubsidiariesarenot,andsinceDecember31,2014havenotbeen,inviolationorbreachof,ordefaultunder,anySXEPermit,exceptwheresuchviolation,breachordefaultwouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect.AsofthedateofthisAgreement,totheKnowledgeofSXE,noeventorconditionhasoccurredorexistswhichwouldresultinaviolationof,breach,defaultorlossofabenefitunder,oraccelerationofanobligationofSXEoranyofitsSubsidiariesunder,anySXEPermit,orhascaused(orwouldcause)anapplicableGovernmentalAuthoritytofailorrefusetoissue,reneworextendanySXEPermit(ineachcase,withorwithoutnoticeorlapseoftimeorboth),exceptforviolations,breaches,defaults,losses,accelerationsorfailuresthatwouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect.

(c)WithoutlimitingthegeneralityofSection3.8(a),SXE,eachofitsSubsidiaries,and,totheKnowledgeofSXE,eachjointventurepartner,jointinterestowner,consultant,agent,orrepresentativeofanyoftheforegoing(intheirrespectivecapacitiesassuch),(i)hasnotviolatedtheU.S.ForeignCorruptPracticesAct,andanyotherU.S.andforeignanti-corruptionLawsthatareapplicabletoSXEoritsSubsidiaries;(ii)hasnot,totheKnowledgeofSXE,beengivenwrittennoticebyanyGovernmentalAuthorityofanyfactswhich,iftrue,wouldconstituteaviolationoftheU.S.ForeignCorruptPracticesActoranyotherU.S.orforeignanti-corruptionLawsbyanysuchperson;and(iii)totheKnowledgeofSXE,isnotbeing(andhasnotbeen)investigatedbyanyGovernmentalAuthorityexcept,ineachcaseoftheforegoingclauses(i)through(iii),aswouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect.

Section3.9InformationSupplied.SubjecttotheaccuracyoftherepresentationsandwarrantiesofAMIDsetforthinSection4.9,noneoftheinformationsupplied(ortobesupplied)inwritingbyoronbehalfofSXEspecificallyforinclusionorincorporationbyreferencein(a)theregistrationstatementonFormS-4tobefiledwiththeSECbyAMIDinconnectionwiththeissuanceofAMIDUnitsinconnectionwiththeMerger(asamendedorsupplementedfromtimetotime,the“Registration Statement ”)will,atthetimetheRegistrationStatement,oranyamendmentorsupplementthereto,isfiledwiththeSECoratthetimeitbecomeseffectiveundertheSecuritiesAct,containanyuntruestatementofamaterialfactoromittostateanymaterialfactrequiredtobestatedthereinornecessaryinordertomakethestatementsmadetherein,inlightofthecircumstancesunderwhichtheyaremade,notmisleading,and(b)theProxyStatementwill,onthedateitisfirstmailedtoSXEUnitholders,andatthetimeoftheSXE

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UnitholdersMeeting,containanyuntruestatementofamaterialfactoromittostateanymaterialfactrequiredtobestatedthereinornecessaryinordertomakethestatementstherein,inlightofthecircumstancesunderwhichtheyaremade,notmisleading.TheProxyStatementwillcomplyastoforminallmaterialrespectswiththeapplicablerequirementsoftheExchangeAct.Notwithstandingtheforegoing,SXEmakesnorepresentationorwarrantywithrespecttoinformationsuppliedbyoronbehalfofAMIDforinclusionorincorporationbyreferenceinanyoftheforegoingdocuments.

Section3.10TaxMatters.

(a)AllTaxReturnsthatwererequiredtobefiledbyorwithrespecttoSXEoranyofitsSubsidiarieshavebeendulyandtimelyfiled(takingintoaccountanyextensionoftimewithinwhichtofile)andallsuchTaxReturnsaretrue,completeandaccurateinallmaterialrespects.Allitemsofincome,gain,loss,deductionandcreditorotheritemsrequiredtobeincludedineachsuchTaxReturnshavebeensoincluded.AllTaxesowedbySXEoranyofitsSubsidiariesthatareorhavebecomeduehavebeentimelypaidinfulloranadequatereserveforthepaymentofsuchTaxeshasbeenestablished

(b)Therearenoaudits,examinations,investigationsorotherlegalproceedingspendingorthreatenedwithrespecttoTaxesorwithrespecttoanyTaxReturnofSXEoranyofitsSubsidiaries.

(c)AllamountsrequiredtobecollectedorwithheldbySXEoranyofitsSubsidiarieswithrespecttoTaxeshavebeentimelycollectedorwithheldandanysuchamountsthatarerequiredtohavebeenremittedtoanyTaxingauthorityhavebeentimelyremitted.

(d)NeitherSXEnoranyofitsSubsidiarieshasconsentedtoanywaiversorextensionsofanyapplicablestatuteoflimitationsfortheassessmentorcollectionofanyTaxesoranyduedateforthefilingofanyTaxReturnwithrespecttoitthatremainineffect.

(e)TherearenoLiensforTaxesupontheassetsofSXEoranyofitsSubsidiaries,exceptforstatutoryLiensforTaxesnotyetdueandpayableortheamountorvalidityofwhichisbeingcontestedingoodfaithbyappropriateproceedings.

(f)Noassessment,deficiencyoradjustmentinrespectofTaxeshasbeenasserted,proposed,assessedorthreatenedinwritingbyanyTaxauthorityagainstSXEoranyofitsSubsidiaries.

(g)NowrittenclaimhasbeenmadebyaTaxauthorityinajurisdictionwhereSXEoranyofitsSubsidiariesdoesnotpayTaxorfileTaxReturnsthatSXEoranySubsidiaryisormaybesubjecttoTaxesassessedbysuchjurisdiction,norhasanyassertionbeenthreatenedorproposedinwriting.

(h)NeitherSXEnoranyofitsSubsidiarieswillberequiredtoincludeanyamountinincomeforanytaxableperiodasaresultofachangeinaccountingmethodforanyPre-ClosingTaxPeriodorpursuanttoanyagreementwithanyTaxauthoritywithrespecttoanysuchtaxableperiod.

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(i)NeitherSXEnoranyofitsSubsidiariesisapartytoaTaxallocationorsharingagreement,andnopaymentsaredueorwillbecomeduebySXEoranyofitsSubsidiariespursuanttoanysuchagreementorarrangementoranyTaxindemnificationagreement.

(j)NeitherSXEnoranyofitsSubsidiarieshasbeenamemberofanaffiliatedgroupfilingaconsolidatedfederalincomeTaxReturnorhasanyliabilityfortheTaxesofanyPerson(otherthanSXEoranySubsidiary),asatransfereeorsuccessor,bycontract,orotherwise

(k)NeitherSXEnoranyofitsSubsidiarieshasenteredintoanyagreementorarrangementwithanyTaxauthoritythatrequiresSXEoranyofitsSubsidiariestotakeanyactionorrefrainfromtakinganyactionwithrespecttoTaxes.

(l)NeitherSXEnoranyofitsSubsidiarieshasenteredintoatransactionthatisa“reportabletransaction”withinthemeaningofTreasuryRegulationsSection1.6011-4(b).

(m)NeitherSXEnoranyofitsSubsidiarieshasagreedtoorcouldberequiredtoincludeanyitemofincomein,orexcludeanyitemofdeductionfrom,taxableincomeforanyPost-ClosingTaxPeriodasaresultofanyinstallmentsaleoropentransactiondispositionmadeonorpriortotheClosingDate,prepaidamountreceivedonorpriortotheClosingDateorelectionunderSection108(i)oftheCode.

(n)SXEandeachSubsidiarythatisclassifiedasapartnershipforU.S.federalincometaxpurposeshaveineffectavalidelectionunderSection754oftheCode

(o)SXEisproperlyclassifiedasapartnershipforU.S.federalincometaxpurposes,andnotasanassociationorapubliclytradedpartnershiptaxableasacorporationunderSection7704oftheCodeandhasbeenproperlytreatedassuchsinceitsformation,andeachSubsidiaryiseither(i)properlyclassifiedasapartnershipforU.S.federalincometaxpurposesor(ii)properlydisregardedasanentityseparatefromitsrespectiveownerforU.S.federalincometaxpurposespursuanttoTreasuryRegulationsSection301.7701-3(b).

(p)NeitherSXEnoranyofitsSubsidiariesisa“foreignperson”withinthemeaningofSection1445oftheCode.

(q)NeitherSXEnoritsSubsidiarieshaveanymaterialSection197intangibleswithinthemeaningofSection197oftheCodethatwouldbesubjecttotheanti-churningrulesofSection197(f)(9)oftheCode.

Section3.11EmployeeBenefits.

(a)Section3.11(a)oftheSXEDisclosureSchedulelistsallmaterialSXEBenefitPlans.“SXE Benefit Plans ”means(i)all“employeebenefitplans”(withinthemeaningofSection3(3)oftheEmployeeRetirementIncomeSecurityActof1974,asamended(“ERISA ”))and(ii)allothercompensationoremployeebenefitplans,programs,policies,agreementsorotherarrangements,whetherornotsubjecttoERISA,including,cashorequityorequity-based,employment,retention,changeofcontrol,health,medical,dental,disability,accident,lifeinsurance,vacation,severance,retirement,pension,savings,ortermination,ineach

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caseofclauses(i)and(ii)thataresponsored,maintained,contributedtoorrequiredtobecontributedtobySXEoranyofitsSubsidiariesforthebenefitofcurrentorformeremployees,directorsorconsultantsofSXEoritsSubsidiaries.

(b)Exceptaswouldnot,individuallyorintheaggregate,haveaSXEMaterialAdverseEffect,(i)noneofSXE,anyofitsSubsidiaries,oranyoftheirrespectiveERISAAffiliatescontributesto,isrequiredtocontributeto,orhasinthelastsixyearscontributedtoorbeenrequiredtocontributetoaMultiemployerPlanandnoneofSXE,anyofitsSubsidiaries,oranyoftheirrespectiveERISAAffiliateshasincurredany“withdrawalliability”(withinthemeaningofSection4201ofERISA)toaMultiemployerPlanthathasnotbeensatisfiedinfullorhas(orisreasonablyexpectedtohave)anyothercurrentorcontingentliabilitywithrespecttoanyMultiemployerPlan,and(ii)noneofSXE,anyofitsSubsidiaries,oranyoftheirrespectiveERISAAffiliateshasinthelastsixyearssponsored,maintained,contributedtoorbeenrequiredtocontributeto,orhas(orisreasonablyexpectedtohave)anycurrentorcontingentliabilitywithrespecttoany“employeepensionbenefitplan,”asdefinedinSection3(2)ofERISA,thatissubjecttoTitleIVorSection302ofERISAorSection412oftheCode.

(c)Exceptforsuchclaimswhichwouldnot,individuallyorintheaggregate,haveaSXEMaterialAdverseEffect,noaction,dispute,suit,claim,arbitration,orlegal,administrativeorotherproceedingorgovernmentalactionispendingor,totheKnowledgeofSXE,threatened(i)withrespecttoanySXEBenefitPlanotherthanclaimsforbenefitsintheordinarycourse,(ii)alleginganybreachofthetermsofanySXEBenefitPlanoranyfiduciarydutieswithrespecttheretoor(iii)withrespecttoanyviolationofanyapplicableLawwithrespecttosuchSXEBenefitPlan.

(d)EachSXEBenefitPlanhasbeenmaintained,fundedandadministeredincompliancewithitstermsandwithapplicableLaw,includingERISAandtheCode,exceptforsuchnon-compliancewhichwouldnot,individuallyorintheaggregate,haveaSXEMaterialAdverseEffect.

(e)Exceptaswouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect,withrespecttoanySXEBenefitPlan,allcontributions,premiumsandotherpaymentsduefromanyofSXEoritsSubsidiariesrequiredbyLaworanySXEBenefitPlanhavebeenmadeorproperlyaccruedunderanysuchplantoanyfund,trustoraccountestablishedthereunderorinconnectiontherewithbytheduedatethereof.

(f)EachSXEBenefitPlansubjecttoSection409AoftheCodehascompliedinformandoperationwiththerequirementsofSection409AoftheCodeasineffectfromtime-to-time.

(g)Theconsummationofthetransactionscontemplatedherebywillnot,eitheraloneorincombinationwithanotherevent,(i)entitleanycurrentorformeremployee,consultantorofficerofSXE,SXEGPoranyoftheirrespectiveSubsidiariestoanyseverancepay,retentionbonuses,parachutepayments,non-competitionpayments,unemploymentcompensationoranyotherpayment,(ii)acceleratethetimeofpaymentorvesting,orincreasetheamountofanycompensationdueanysuchemployee,consultantorofficer,(iii)resultinanyforgivenessofindebtednessorobligationtofundbenefitswithrespecttoanysuchemployee,directororofficeror(iv)resultinanyamountfailingtobedeductiblebyreasonofSection280GoftheCode.

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Section3.12LaborMatters.

(a)Exceptaswouldnot,individuallyorintheaggregate,haveaSXEMaterialAdverseEffect,noneoftheemployeesofSXE,SXEGPoranyoftheirrespectiveSubsidiariesisrepresentedinhisorhercapacityasanemployeeofSXE,SXEGPorsuchSubsidiarybyanylabororganization.NoneofSXE,SXEGPoranysuchSubsidiaryhasrecognizedanylabororganization,norhasanylabororganizationbeenelectedasthecollectivebargainingagentofanyemployeesofSXE,SXEGPoranyoftheirrespectiveSubsidiaries,norhasSXE,SXEGPoranysuchSubsidiaryenteredintoanycollectivebargainingagreementorunioncontractrecognizinganylabororganizationasthebargainingagentofanyemployeesofSXE,SXEGPoranyoftheirrespectiveSubsidiaries.

(b)Exceptforsuchmatterswhichwouldnot,individuallyorintheaggregate,haveaSXEMaterialAdverseEffect,noneofSXE,SXEGPoranyoftheirrespectiveSubsidiarieshasreceivedwrittennoticeduringthepasttwoyearsoftheintentofanyGovernmentalAuthorityresponsiblefortheenforcementoflabor,employment,occupationalhealthandsafetyorworkplacesafetyandinsurance/workerscompensationlawstoconductaninvestigationofSXE,SXEGPoranyoftheirrespectiveSubsidiarieswithrespecttosuchmattersand,totheKnowledgeofSXEandSXEGP,nosuchinvestigationisinprogress.Exceptforsuchmatterswhichwouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect,(i)thereareno(andhavenotbeenduringthetwo-yearperiodprecedingthedateofthisAgreement)strikesorlockoutswithrespecttoanyemployeesofSXE,SXEGPoranyoftheirrespectiveSubsidiaries,(ii)totheKnowledgeofSXEandSXEGP,thereisno(andhasnotbeenduringthetwo-yearperiodprecedingthedateofthisAgreement)unionorganizingeffortpendingorthreatenedagainstSXE,SXEGPoranyoftheirrespectiveSubsidiaries,(iii)thereisno(andhasnotbeenduringthetwo-yearperiodprecedingthedateofthisAgreement)unfairlaborpractice,labordispute(otherthanroutineindividualgrievances)orlaborarbitrationproceedingpendingor,totheKnowledgeofSXEorSXEGP,threatenedagainstSXE,SXEGPoranyoftheirrespectiveSubsidiariesand(iv)thereisno(andhasnotbeenduringthetwoyearperiodprecedingthedateofthisAgreement)slowdown,orworkstoppageineffector,totheKnowledgeofSXEorSXEGP,threatenedwithrespecttoanyemployeesofSXE,SXEGPoranyoftheirrespectiveSubsidiaries.NoneofSXE,SXEGPoranyoftheirrespectiveSubsidiarieshasanyliabilitiesundertheWorkerAdjustmentandRetrainingActof1988(the“WARN Act ”)asaresultofanyactiontakenbySXE,SXEGPoranyoftheirrespectiveSubsidiariesthatwouldhave,individuallyorintheaggregate,aSXEMaterialAdverseEffect.Exceptforsuchnon-compliancewhichwouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect,SXE,SXEGPandeachoftheirrespectiveSubsidiariesis,andduringthetwoyearperiodprecedingthedateofthisAgreementhasbeen,incompliancewithallapplicableLawsinrespectofemploymentandemploymentpractices,termsandconditionsofemployment,wagesandhoursandoccupationalsafetyandhealth(includingclassificationsofserviceprovidersasemployeesand/orindependentcontractors).

Section3.13EnvironmentalMatters.Exceptaswouldnot,individuallyorintheaggregate,haveaSXEMaterialAdverseEffect,(i)eachofSXEanditsSubsidiariesis,andsince

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thelaterofDecember31,2014,andtheirrespectivedatesoforganizationorformation,hasbeenincompliancewithallapplicableEnvironmentalLaws,whichcomplianceincludesobtaining,maintainingandcomplyingwithallEnvironmentalPermits,(ii)therehasbeennoreleaseofanyHazardousSubstancebySXEoranyofitsSubsidiaries,ortotheKnowledgeofSXE,anyotherPersoninanymannerthatwouldreasonablybeexpectedtogiverisetoSXEoranyofitsSubsidiariesincurringanyremedialobligationorcorrectiveactionrequirementunderapplicableEnvironmentalLaws,(iii)therearenoinvestigations,actions,suitsorproceedingspendingor,totheKnowledgeofSXE,threatenedagainstSXEoranyofitsSubsidiariesorinvolvinganyrealpropertycurrentlyor,totheKnowledgeofSXE,formerlyowned,operatedorleasedbyorforSXEoranySubsidiaryallegingnoncompliancewithorliabilityunder,anyEnvironmentalLawand(iv)toSXE’sKnowledge,noHazardousSubstancehasbeendisposedof,releasedortransportedinviolationofanyapplicableEnvironmentalLaw,fromanypropertiesownedoroperatedbySXEoranyofitsSubsidiariesorasaresultofanyoperationsoractivitiesofSXEoranyofitsSubsidiaries.

Section3.14Contracts.

(a)Section3.14(a)oftheSXEDisclosureSchedulecontainsatrueandcompletelistingoftheeach“materialcontract”(assuchtermisdefinedinItem601(b)(10)ofRegulationS-KoftheSEC)(whichterm,forpurposesofthisSection3.14,shallnotincludeanySXEBenefitPlan)towhichanyofSXEoritsSubsidiariesisapartyineffectonthedateofthisAgreement(eachContractthatisdescribedinthisSection3.14(a)beingan“SXE Material Contract ”).

(b)Exceptaswouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect,(i)eachSXEMaterialContractisvalidandbindingonSXEanditsSubsidiaries,asapplicable,andisinfullforceandeffect;(ii)eachSXEMaterialContractwillcontinuetobevalidandbindingonSXEandanyofitsSubsidiaries,asapplicable,andinfullforceandeffectonidenticaltermsfollowingtheconsummationofthetransactionscontemplatedbythisAgreement;(iii)SXEandeachofitsSubsidiarieshasperformedallobligationsrequiredtobeperformedbyittodateundereachSXEMaterialContract;(iv)neitherSXEnoranyofitsSubsidiarieshasreceivedwrittennoticeof,orknowsof,theexistenceofanyeventorconditionwhichconstitutes,or,afternoticeorlapseoftimeorboth,willconstitute,adefaultonthepartofSXEoranyofitsSubsidiariesunderanysuchSXEMaterialContract;and(v)totheKnowledgeofSXE,asofthedateofthisAgreementnootherpartytoanySXEMaterialContractisindefaultthereunder,nordoesanyconditionexistthatwithnoticeorlapseoftimeorbothwouldconstituteadefaultbyanysuchotherpartythereunder.

Section3.15Property.

(a)Exceptaswouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect,SXEoraSubsidiaryofSXEownsandhasgoodtitletoallofitsownedrealproperty(otherthanseveredoil,gasand/ormineralrightsandotherhydrocarboninterests)andgoodtitletoallitsownedpersonalproperty,andhasvalidleaseholdinterestsinallofitsleasedrealproperties(otherthanhydrocarboninterests)freeandclearofallLiens,ineachcase,sufficienttoconducttheirrespectivebusinessesascurrentlyconducted(exceptinallcasesforLienspermissibleunderornotprohibitedbyanyapplicablematerialloanagreementsand

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indentures(togetherwithallrelatedmortgages,deedsoftrustandothersecurityagreements)).Exceptaswouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect,allleasesunderwhichSXEoranyofitsSubsidiariesleaseanyrealorpersonalproperty(otherthanhydrocarboninterests)arevalidandeffectiveagainstSXEoranyofitsSubsidiariesand,totheKnowledgeofSXE,thecounterpartiesthereto,inaccordancewiththeirrespectivetermsandthereisnot,underanyofsuchleases,anyexistingmaterialdefaultbySXEoranyofitsSubsidiariesor,totheKnowledgeofSXE,thecounterpartiesthereto,or,totheKnowledgeofSXE,anyeventwhich,withnoticeorlapseoftimeorboth,wouldbecomeamaterialdefaultbySXEoranyofitsSubsidiaries,or,totheKnowledgeofSXE,thecounterpartiesthereto.

(b)SXEanditsSubsidiarieshavesuchconsents,easements,rights-of-way,permitsorlicensesfromeachperson(collectively,“rights-of-way ”)asaresufficienttoconducttheirbusinessesinallmaterialrespectsascurrentlyconducted,exceptwherethecost(s)ofcuringthefailure(s)toobtainsuchrights-of-waywouldnot,individuallyorintheaggregate,haveaSXEMaterialAdverseEffect.Exceptaswouldnot,individuallyorintheaggregate,haveaSXEMaterialAdverseEffect,eachofSXEanditsSubsidiarieshasfulfilledandperformedallitsobligationswithrespecttosuchrights-of-waywhicharerequiredtobefulfilledorperformedasofthedateofthisAgreement(subjecttoallapplicablewaivers,modifications,graceperiodsandextensions)andnoeventhasoccurredthatallows,orafternoticeorlapseoftimewouldallow,revocationorterminationthereoforwouldresultinanyimpairmentoftherightsoftheholderofanysuchrights-of-way,exceptforrightsreservedto,orvestedin,anymunicipalityorotherGovernmentalAuthorityoranyrailroadbythetermsofanyright,power,franchise,grant,license,permit,orbyanyotherprovisionofanyapplicableLaw,toterminateortorequireannualorotherperiodicpaymentsasaconditiontothecontinuanceofsuchright.

Section3.16IntellectualProperty.EitherSXEoraSubsidiaryofSXEowns,orislicensedorotherwisepossessesadequaterightstouse,allmaterialtrademarks,tradenames,servicemarks,servicenames,markregistrations,logos,assumednames,domainnames,registeredandunregisteredcopyrights,patentsorapplicationsandregistrations,andtradesecrets(collectively,the“SXE Intellectual Property ”)usedintheirrespectivebusinessesascurrentlyconducted.Exceptaswouldnothave,individuallyorintheaggregate,aSXEMaterialAdverseEffect,(i)therearenopendingor,totheKnowledgeofSXE,threatenedclaimsbyanyPersonalleginginfringementormisappropriationbySXEoranyofitsSubsidiariesofsuchPerson’sintellectualproperty,(ii)totheKnowledgeofSXE,theconductofthebusinessofSXEanditsSubsidiariesdoesnotinfringeormisappropriateanyintellectualpropertyrightsofanyPerson,(iii)neitherSXEnoranyofitsSubsidiarieshasmadeanyclaimofaviolationorinfringement,ormisappropriationbyothersofitsrightstoorinconnectionwiththeSXEIntellectualProperty,and(iv)totheKnowledgeofSXE,noPersonisinfringingormisappropriatinganySXEIntellectualProperty.

Section3.17Insurance.SXEanditsSubsidiariesmaintain,orareentitledtothebenefitsof,insurancecoveringtheirproperties,operations,personnelandbusinessesinamountscustomaryforthebusinessesinwhichtheyoperate.Section3.17oftheSXEDisclosureScheduleliststheannualpremiumspaidby,oronbehalfof,SXEfordirectorsandofficersliabilityinsurancepolicies.NoneofSXEoritsSubsidiarieshasreceivednoticefromanyinsureroragentofsuchinsurerthatsubstantialcapitalimprovementsorothermaterialexpenditureswillhavetobemadeinordertocontinuesuchinsurance,andallsuchinsuranceisoutstandinganddulyinforce.

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Section3.18OpinionofFinancialAdvisor.TheSXEConflictsCommittee(initscapacityassuch)hasreceivedtheopinionofJefferiesLLC(the“SXEConflicts Committee Financial Advisor ”),datedthedateofthemeetingoftheSXEConflictsCommitteeatwhichtheSXEConflictsCommitteeapprovedthisAgreement,totheeffectthat,asofsuchdateandbasedonandsubjecttotheassumptions,qualifications,limitationsandothermatterssetforththerein,theExchangeRatioprovidedforpursuanttothisAgreementwasfair,fromafinancialpointofview,totheUnaffiliatedCommonUnitholders.

Section3.19BrokersandOtherAdvisors.ExceptforthefinancialadvisorssetforthonSection3.19oftheSXEDisclosureScheduleandtheSXEConflictsCommitteeFinancialAdvisor(the“SXE Brokers ”),thefeesandexpensesofwhicharetobetreatedas“TransactionExpenses”or“SXETransactionExpenses”inaccordancewiththeHoldingsContributionAgreement,nobroker,investmentbankerorfinancialadvisorisentitledtoanybroker’s,finder’sorfinancialadvisor’sfeeorcommission,orthereimbursementofexpenses,inconnectionwiththeMergerorthetransactionscontemplatedherebybasedonarrangementsmadebyoronbehalfofSXEoranyofitsSubsidiaries.SXEhasheretoforemadeavailabletoAMIDasummaryofanybroker,finderorfinancialadvisoryfeespayablebySXEtotheSXEBrokersinconnectionwiththeMerger,providedthatotherthanthefeesdescribedinsuchsummary,thereisnoothercompensationpayable,oranyotherobligations,totheSXEBrokersinconnectionwiththeMergeroranyothertransactiononbehalfofSXEanditsAffiliates.

Section3.20StateTakeoverStatutes.TheactionoftheSXEGPBoardinapprovingthisAgreementandthetransactionscontemplatedherebyissufficienttorenderinapplicabletothisAgreementandthetransactionscontemplatedherebyanystatetakeoverlawsandanyapplicableprovisionoftheSXEPartnershipAgreement.Thereisnounitholderrightsplanineffect,towhichSXEisapartyorotherwisebound.

Section3.21RegulatoryMatters.

(a)ExceptassetforthonSchedule3.21oftheSXEDisclosureSchedules,noneofSXEoranyofitsSubsidiariesownsoroperatesfacilitiessubjecttotheFederalEnergyRegulatoryCommissionundertheNaturalGasAct,15U.S.C.§717,etseq.(the“NGA ”)ortheNaturalGasPolicyActof1978,15U.S.C.§3301,etseq.(the“NGPA ”),andtherearenoproceedingspending,ortotheKnowledgeofSXE,threatened,allegingthatSXEoranyofitsSubsidiariesisinmaterialviolationoftheNGA,ortheNGPA.

(b)NoneofSXEoranyofitsSubsidiariesnoranyoftheservicesprovidedbySXEoranyofitsSubsidiariesaresubjecttoregulationbytheFederalEnergyRegulatoryCommissionpursuanttotheInterstateCommerceAct,49U.S.C.App.§1,etseq.(1988)(“ICA ”),andtherearenoProceedingspending,ortotheKnowledgeofSXE,threatened,allegingthatSXEoranyofitsSubsidiariesisinmaterialviolationoftheICA.

Section3.22NoOtherRepresentationsorWarranties.ExceptfortherepresentationsandwarrantiessetforthinthisArticleIII,neithertheSXEEntitiesnoranyotherPersonmakes

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orhasmadeanyexpressorimpliedrepresentationorwarrantywithrespecttoSXEGP,SXEoritsSubsidiariesorwithrespecttoanyotherinformationprovidedtotheAMIDEntitiesinconnectionwiththeMergerortheothertransactionscontemplatedhereby.Withoutlimitingthegeneralityoftheforegoing,noneoftheSXEEntitiesnoranyotherPersonwillhaveorbesubjecttoanyliabilityorotherobligationtoanyoftheAMIDEntitiesoranyotherPersonresultingfromthedistributiontoanyoftheAMIDEntities(includingtheirRepresentatives),oranyoftheAMIDEntities’(orsuchRepresentatives’)useof,anysuchinformation,includinganyinformation,documents,projections,forecastsorothermaterialsmadeavailabletotheAMIDEntitiesinany“datarooms”ormanagementpresentationsinexpectationoftheMerger.

ARTICLE IVREPRESENTATIONS AND WARRANTIES OF THE AMID ENTITIES

Exceptasdisclosedin(a)theAMIDSECDocumentsfiledwiththeSEConorafterDecember31,2014andpriortothedateofthisAgreement(butexcludinganydisclosurecontainedinanysuchAMIDSECDocumentsundertheheading“RiskFactors”or“Forward-LookingInformation”orsimilarheading(otherthananyhistorical,factualinformationcontainedwithinsuchheadings,disclosuresorstatements))or(b)thedisclosureletterdeliveredbyAMIDtoSXE(the“AMID Disclosure Schedules ”)priortotheexecutionofthisAgreement,theAMIDEntitiesrepresentandwarrant,jointlyandseverally,totheSXEEntitiesasfollows:

Section4.1Organization,StandingandPower.

(a)EachofAMID,AMIDGPandtheirrespectiveSubsidiariesisalegalentitydulyorganized,validlyexistingandingoodstandingundertheLawsofthejurisdictioninwhichitisincorporated,formedororganized,asapplicable,andhasallrequisitepartnership,corporate,limitedliabilitycompanyorotherapplicablepowerandauthoritynecessarytoownorleaseallofitspropertiesandassetsandtocarryonitsbusinessasitisnowbeingconducted,exceptwherethefailuretohavesuchpowerorauthoritywouldnot,individuallyorintheaggregate,haveaMaterialAdverseEffectonAMID(a“AMID Material Adverse Effect”).

(b)EachofAMID,AMIDGPandtheirrespectiveSubsidiariesisdulylicensedorqualifiedtodobusinessandisingoodstandingineachjurisdictioninwhichthenatureofthebusinessconductedbyitorthecharacterorlocationofthepropertiesandassetsownedorleasedbyitmakessuchlicensingorqualificationnecessary,exceptwherethefailuretobesolicensed,qualifiedoringoodstandingwouldnot,individuallyorintheaggregate,haveanAMIDMaterialAdverseEffect.

(c)Alltheoutstandingpartnershipinterests,limitedliabilitycompanyinterests,sharesofcapitalstockof,orotherequityinterestsin,eachmaterialSubsidiaryofAMIDthatareowneddirectlyorindirectlybyAMIDhavebeendulyauthorizedandvalidlyissuedandarefullypaidandnonassessable(exceptassuchnonassessabilitymaybeaffectedbySections18-303,18-607or18-804oftheDLLCA,Sections17-303,17-607or18-704oftheDRULPA,Sections101.114,101.153,101.206,153.102,153.112,153.202or153.210oftheTBOCorsimilarLawsoftheStatesofGeorgia,Nevada,Alabama,Oklahoma,MarylandorLouisiana)andareownedfreeandclearofallLiens.ExceptfortheinterestsandsharesofcapitalstockoftheAMIDJointVenturesheldbyAMID’sjointventurepartners,allsuchinterestsandsharesofcapitalstockofeachSubsidiaryareowneddirectlyorindirectlybyAMID.

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(d)AMIDhasmadeavailabletoSXEcorrectandcompletecopiesoftheAMIDCharterDocumentsandcorrectandcompletecopiesofthecomparableorganizationaldocumentsofeachofitsmaterialSubsidiaries(the“AMID Subsidiary Documents ”),ineachcaseasamendedtothedateofthisAgreement.AllsuchAMIDCharterDocumentsareinfullforceandeffectandAMIDisnotinviolationofanyoftheirprovisionsinanymaterialrespect.

Section4.2Capitalization.

(a)AsofthecloseofbusinessonOctober27,2017,theissuedandoutstandinglimitedpartnerinterestsandgeneralpartnerinterestsofAMIDconsistedof(i)52,684,359AMIDUnits,(ii)10,563,915SeriesAUnitsrepresentinglimitedpartnerinterestsinAMID(“AMID Series A Units ”),(iii)8,792,205SeriesCUnitsrepresentinglimitedpartnerinterestsinAMID(“AMID Series C Units ”),(iv)5,004,692CommonUnitsreservedforissuanceunderanyAMIDEquityPlans,(v)theAMIDIncentiveDistributionRightsand(vi)953,931AMIDGeneralPartnerUnitsrepresentingthegeneralpartnerinterestinAMID(“AMID GP Interest ”).TherearenoissuedandoutstandingSeriesBUnitsrepresentinglimitedpartnerinterestsinAMIDorSeriesDUnitsrepresentinglimitedpartnerinterestsinAMID.Section4.2(a)oftheAMIDDisclosureSchedulesetsforththenumberofAMIDUnitsthatwereissuablepursuanttoemployeeanddirectorequityplansofAMID(“AMID Equity Plans ”)asofOctober27,2017,includingthenumberofAMIDUnitsthatweresubjecttooutstandingawardsundertheAMIDEquityPlansasofsuchdate.AlloutstandingAMIDUnits,AMIDSeriesAUnits,AMIDSeriesCUnits,AMIDGeneralPartnerUnitsandtheAMIDIncentiveDistributionRightshavebeendulyauthorizedandvalidlyissuedandarefullypaid,nonassessable(exceptassuchnonassessabilitymaybeaffectedbymattersdescribedinSections17-303,17-607and17-804oftheDRULPA)andfreeofpreemptiverights.Except(A)assetforthaboveinthisSection4.2(a),or(B)asotherwisepermittedbySection5.2(b),asofthedateofthisAgreementtherearenot,andasoftheEffectiveTimetherewillnotbe,anyAMIDPartnershipInterestsorotherlimitedpartnershipinterests,votingsecuritiesorotherequityinterestsofAMIDissuedandoutstandingoranysubscriptions,options,warrants,calls,convertibleorexchangeablesecurities,rights,commitmentsoragreementsofanycharacterprovidingfortheissuanceofanyAMIDPartnershipInterestsorotherpartnershipinterests,votingsecuritiesorotherequityinterestsofAMID,includinganyrepresentingtherighttopurchaseorotherwisereceiveanyoftheforegoingoranybond,debentureorotherindebtednesshavingtherighttovoteorconvertible,exchangeableorexercisableforsecuritieshavingtherighttovote.

(b)ExceptassetforthintheAMIDSubsidiaryDocuments,noneofAMIDoranyofitsSubsidiarieshasissuedorisboundbyanyoutstandingsubscriptions,options,warrants,calls,convertibleorexchangeablesecurities,rights,commitmentsoragreementsofanycharacterprovidingforthefutureissuanceordispositionofanypartnershipinterests,sharesofcapitalstock,votingsecuritiesorequityinterestsofanySubsidiaryofAMID.Except(i)assetforthintheAMIDCharterDocumentsorAMIDSubsidiaryDocuments,asineffectasofthedateofthisAgreementor(ii)inconnectionwiththevesting,settlementorforfeitureof,orTaxwithholdingwithrespectto,anyequityorequity-basedawardsoutstandingasofthedateofthisAgreement,

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therearenooutstandingobligationsofAMIDoranyofitsSubsidiariestorepurchase,redeemorotherwiseacquireanyAMIDPartnershipInterestsorotherlimitedpartnershipinterests,sharesofcapitalstock,votingsecuritiesorequityinterests(oranyoptions,warrantsorotherrightstoacquireanyAMIDPartnershipInterestsorotherlimitedpartnershipinterests,sharesofcapitalstock,votingsecuritiesorequityinterests)ofAMIDoranyofitsSubsidiaries.

(c)AMIDGPisthesolegeneralpartnerofAMID.AMIDGPisthesolerecordandbeneficialowneroftheAMIDGPInterest,andsuchAMIDGPInteresthasbeendulyauthorizedandvalidlyissuedinaccordancewithapplicableLawandtheAMIDPartnershipAgreement.AMIDGPownstheAMIDGPInterestfreeandclearofanyLiens.

Section4.3Authority;Noncontravention;VotingRequirements.

(a)EachoftheAMIDEntitieshasallnecessarypowerandauthoritytoexecuteanddeliverthisAgreementandtoconsummatethetransactionscontemplatedhereby,includingtheMerger.Theexecution,deliveryandperformancebytheAMIDEntitiesofthisAgreement,theHoldingsContributionAgreementandtheconsummationofthetransactionscontemplatedherebyandthereby,includingtheMerger,havebeendulyauthorizedandapprovedbyallrequisitepartnershiporlimitedliabilitycompanyactiononthepartofeachoftheAMIDEntities.Atameetingdulycalledandheld,theAMIDGPBoardunanimouslyapprovedthisAgreement,theHoldingsContributionAgreementandthetransactionscontemplatedherebyandthereby,includingtheMergerandtheHoldingsContribution,andnootherentityactiononthepartoftheAMIDEntitiesisnecessarytoauthorizetheexecution,deliveryandperformancebytheAMIDEntitiesofthisAgreementandtheHoldingsContributionAgreementandtheconsummationofthetransactionscontemplatedherebyandthereby,includingtheMergerandtheHoldingsContribution.ThisAgreementandtheHoldingsContributionAgreementhavebeendulyexecutedanddeliveredbytheapplicableAMIDEntitiesand,assumingdueauthorization,executionanddeliveryofthisAgreementandtheHoldingsContributionAgreementbytheotherpartieshereto,thisAgreementconstitutesalegal,validandbindingobligationofeachoftheapplicableAMIDEntities,enforceableagainsteachoftheminaccordancewithitsterms,exceptassuchenforcementmaybelimitedbyapplicablebankruptcy,insolvency,reorganization,moratorium,fraudulentconveyanceorothersimilarLawsaffectingtheenforcementofcreditors’rightsandremediesgenerallyandbygeneralprinciplesofequity(whetherappliedinaProceedingoratlaworinequity).

(b)NeithertheexecutionanddeliveryofeachofthisAgreementandtheHoldingsContributionAgreementbytheAMIDEntities,northeconsummationbytheAMIDEntitiesofthetransactionscontemplatedherebyandthereby,norcompliancebytheAMIDEntitieswithanyofthetermsorprovisionsofthisAgreement,will(i)conflictwithorviolateanyprovisionoftheAMIDCharterDocuments,theAMIDGPCharterDocuments,oranyoftheAMIDSubsidiaryDocuments,(ii)assumingthattheauthorizations,consentsandapprovalsreferredtoinSection4.4areobtainedandthefilingsreferredtoinSection4.4aremade,(x)violateanyLaw,judgment,writorinjunctionofanyGovernmentalAuthorityapplicabletoAMIDoranyofitsSubsidiariesoranyoftheirrespectivepropertiesorassets,or(y)violate,conflictwith,resultinthelossofanybenefitunder,constituteadefault(oraneventwhich,withnoticeorlapseoftime,orboth,wouldconstituteadefault)under,resultintheterminationoforarightofterminationorcancellationunder,acceleratetheperformancerequiredby,orresultinthe

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creationofanyLienuponanyoftherespectivepropertiesorassetsof,AMIDoranyofitsSubsidiariesunderanyoftheterms,conditionsorprovisionsofanyContractorAMIDPermit(includinganyEnvironmentalPermit)towhichAMIDoranyofitsSubsidiariesisaparty,orbywhichtheyoranyoftheirrespectivepropertiesorassetsmaybeboundoraffectedor(iii)resultintheexercisabilityofanyrighttopurchaseoracquireanymaterialassetofAMIDoranyofitsSubsidiaries,except,inthecaseofclauses(ii)(x)and(ii)(y),forsuchviolations,conflicts,losses,defaults,terminations,cancellations,accelerationsorLiensas,individuallyorintheaggregate,wouldnotreasonablybeexpectedtohaveanAMIDMaterialAdverseEffect.

(c)NoneoftheAMIDEntitiesoranyoftheirrespectiveSubsidiariesholdsanylimitedpartnerinterests,capitalstock,votingsecuritiesorequityinterestsofSXEoranyofitsSubsidiaries,orholdsanysecuritiesorrightsconvertibleinto,exchangeableorexercisablefor,orevidencingtherighttosubscribeforanysuchlimitedpartnerinterests,sharesofcapitalstock,votingsecuritiesorequityinterests,oranyrights,warrants,options,calls,commitmentsoranyotheragreementsofanycharactertopurchaseoracquireanysuchlimitedpartnerinterests,sharesofcapitalstock,votingsecuritiesorequityinterestsoranysecuritiesorrightsconvertibleinto,exchangeableorexercisablefor,orevidencingtherighttosubscribefor,anysuchlimitedpartnerinterests,sharesofcapitalstock,votingsecuritiesorequityinterests.

Section4.4GovernmentalApprovals.Exceptfor(i)filingsrequiredunder,andcompliancewithotherapplicablerequirementsof,theExchangeActandtheSecuritiesAct,includingthefilingoftheRegistrationStatementandtheProxyStatementwiththeSEC,(ii)thefilingoftheCertificateofMergerwiththeSecretaryofStateoftheStateofDelaware,(iii)filingsrequiredunder,andcompliancewithotherapplicablerequirementsof,theHSRActor(iv)anyconsents,authorizations,approvals,filingsorexemptionsinconnectionwithcompliancewiththerulesoftheNYSE,noconsentsorapprovalsof,orfilings,declarationsorregistrationswith,anyGovernmentalAuthorityarenecessaryfortheexecution,deliveryandperformanceofthisAgreementbyAMIDandtheconsummationbyAMIDofthetransactionscontemplatedhereby,otherthansuchotherconsents,approvals,filings,declarationsorregistrationsthat,ifnotobtained,madeorgiven,wouldnot,individuallyorintheaggregate,reasonablybeexpectedtoresultinanAMIDMaterialAdverseEffect.

Section4.5AMIDSECDocuments;UndisclosedLiabilities.

(a)AMIDanditsSubsidiarieshavefiledandfurnishedallreports,schedules,forms,certifications,prospectuses,andregistration,proxyandotherstatementsrequiredtobefiledbythemwiththeSECsinceDecember31,2014(collectivelyandtogetherwithalldocumentsfiledonavoluntarybasisonForm8-K,andineachcaseincludingallexhibitsandschedulestheretoanddocumentsincorporatedbyreferencetherein,the“AMID SEC Documents ”).TheAMIDSECDocuments,asoftheirrespectiveeffectivedates(inthecaseoftheAMIDSECDocumentsthatareregistrationstatementsfiledpursuanttotherequirementsoftheSecuritiesAct)andasoftheirrespectiveSECfilingdates(inthecaseofallotherAMIDSECDocuments),or,ifamended,asfinallyamendedpriortothedateofthisAgreement,compliedinallmaterialrespectswiththerequirementsoftheExchangeAct,theSecuritiesActandtheSarbanes-OxleyAct,asthecasemaybe,applicabletosuchAMIDSECDocuments,andnoneoftheAMIDSECDocumentsasofsuchrespectivedatescontainedanyuntruestatementofamaterialfactoromittedtostateamaterialfactrequiredtobestatedthereinornecessaryinorder

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tomakethestatementstherein,inlightofthecircumstancesunderwhichtheyweremade,notmisleading.AsofthedateofthisAgreement,therearenooutstandingorunresolvedcommentsreceivedfromtheSECstaffwithrespecttotheAMIDSECDocuments.TotheKnowledgeofAMID,noneoftheAMIDSECDocumentsisthesubjectofongoingSECrevieworinvestigation.

(b)TheconsolidatedfinancialstatementsofAMIDincludedintheAMIDSECDocumentsasoftheirrespectivedates(ifamended,asofthedateofthelastsuchamendment)complyastoforminallmaterialrespectswithapplicableaccountingrequirementsandthepublishedrulesandregulationsoftheSECwithrespectthereto,havebeenpreparedinaccordancewithGAAP(except,inthecaseofunauditedquarterlystatements,asindicatedinthenotesthereto)appliedonaconsistentbasisduringtheperiodsinvolved(exceptasmaybeindicatedinthenotesthereto)andfairlypresentinallmaterialrespectstheconsolidatedfinancialpositionofAMIDanditsconsolidatedSubsidiariesasofthedatesthereofandtheconsolidatedresultsoftheiroperations,cashflowsandchangesinpartners’equityfortheperiodsthenended(subject,inthecaseofunauditedquarterlystatements,tonormalyear-endauditadjustments,noneofwhichhasbeenorwillbe,individuallyorintheaggregate,materialtoAMIDanditsconsolidatedSubsidiaries,takenasawhole).

(c)AMIDhasestablishedandmaintainsinternalcontroloverfinancialreportinganddisclosurecontrolsandprocedures(assuchtermsaredefinedinRule13a-15andRule15d-15undertheExchangeAct);suchdisclosurecontrolsandproceduresaredesignedtoensurethatmaterialinformationrelatingtoAMID,includingitsconsolidatedSubsidiaries,requiredtobedisclosedbyAMIDinthereportsthatitfilesorsubmitsundertheExchangeActisaccumulatedandcommunicatedtoAMID’sprincipalexecutiveofficeranditsprincipalfinancialofficertoallowtimelydecisionsregardingrequireddisclosure;andsuchdisclosurecontrolsandproceduresareeffectivetoensurethatinformationrequiredtobedisclosedbyAMIDinthereportsthatitfilesorsubmitsundertheExchangeActisrecorded,processed,summarizedandreportedwithinthetimeperiodsspecifiedinSECrulesandforms.AMID’sprincipalexecutiveofficeranditsprincipalfinancialofficerhavedisclosed,basedontheirmostrecentevaluation,toAMID’sauditorsandtheauditandriskcommitteeoftheAMIDGPBoard(x)allsignificantdeficienciesinthedesignoroperationofinternalcontrolswhichcouldadverselyaffectAMID’sabilitytorecord,process,summarizeandreportfinancialdataandhaveidentifiedforAMID’sauditorsanymaterialweaknessesininternalcontrolsand(y)anyfraud,whetherornotmaterial,thatinvolvesmanagementorotheremployeeswhohaveasignificantroleinAMID’sinternalcontrols.TheprincipalexecutiveofficerandtheprincipalfinancialofficerofAMIDhavemadeallcertificationsrequiredbytheSarbanes-OxleyAct,theExchangeActandanyrelatedrulesandregulationspromulgatedbytheSECwithrespecttotheAMIDSECDocuments,andthestatementscontainedinsuchcertificationswerecompleteandcorrectwhenmade.ThemanagementofAMIDhascompleteditsassessmentoftheeffectivenessofAMID’sinternalcontroloverfinancialreportingincompliancewiththerequirementsofSection404oftheSarbanes-OxleyActfortheyearendedDecember31,2016,andsuchassessmentconcludedthatsuchcontrolswereeffective.TotheKnowledgeofAMID,asofthedateofthisAgreement,therearenofactsorcircumstancesthatwouldpreventitsprincipalexecutiveofficerandprincipalfinancialofficerfromgivingthecertificationsandattestationsrequiredpursuanttotherulesandregulationsadoptedpursuanttoSection404oftheSarbanes-OxleyAct,withoutqualification,whennextdue.

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(d)Except(i)asreflectedorotherwisereservedagainstonthebalancesheetofAMIDanditsSubsidiariesasoftheBalanceSheetDate(includingthenotesthereto)includedintheAMIDSECDocumentsfiledbyAMIDandpubliclyavailablepriortothedateofthisAgreement,(ii)forliabilitiesandobligationsincurredsincetheBalanceSheetDateintheordinarycourseofbusinessand(iii)forliabilitiesandobligationsincurredunderorinaccordancewiththisAgreementorinconnectionwiththetransactionscontemplatedhereby,neitherAMIDnoranyofitsSubsidiarieshasanyliabilitiesorobligationsofanynature(whetherornotaccruedorcontingent),thatwouldberequiredtobereflectedorreservedagainstonaconsolidatedbalancesheetofAMIDpreparedinaccordancewithGAAPorthenotesthereto,otherthanashavenotandwouldnotreasonablybeexpectedtohave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect.

(e)NeitherAMIDnoranyofitsSubsidiariesisapartyto,orhasanycommitmenttobecomeapartyto,anyjointventure,off-balancesheetpartnershiporanysimilarContract(includinganyContractorarrangementrelatingtoanytransactionorrelationshipbetweenoramongAMIDandanyofitsSubsidiaries,ontheonehand,andanyunconsolidatedAffiliate,includinganystructuredfinance,specialpurposeorlimitedpurposeentityorPerson,ontheotherhand,orany“off-balancesheetarrangements”(asdefinedinItem303(a)ofRegulationS-KoftheSEC)),wherethepurposeofsuchContractistoavoiddisclosureofanymaterialtransactioninvolving,ormaterialliabilitiesof,AMIDinAMID’spublishedfinancialstatementsoranyAMIDSECDocuments.

Section4.6AbsenceofCertainChangesorEvents.

(a)SincetheBalanceSheetDate,therehasnotbeenanAMIDMaterialAdverseEffect.

(b)SincetheBalanceSheetDate,(i)exceptforthisAgreementandthetransactionscontemplatedhereby,AMIDanditsSubsidiarieshavecarriedonandoperatedtheirrespectivebusinessesinallmaterialrespectsintheordinarycourseofbusinessconsistentwithpastpracticeand(ii)neitherAMIDnoranyofitsSubsidiarieshastakenanyactiondescribedinSection5.2(b)that,iftakenafterthedateofthisAgreementandpriortotheEffectiveTimewithoutthepriorwrittenconsentofSXE,wouldviolatesuchprovision.

Section4.7LegalProceedings.Therearenoinvestigationsorproceedingspending(or,totheKnowledgeofAMID,threatened)byanyGovernmentalAuthoritywithrespecttoAMIDoranyofitsSubsidiariesoractions,suitsorproceedingspending(or,totheKnowledgeofAMID,threatened)againstAMIDoranyofitsSubsidiariesoranyoftheirrespectiveproperties,atlaworinequitybeforeanyGovernmentalAuthority,andtherearenoorders,judgmentsordecreesofanyGovernmentalAuthorityagainstAMIDoranyofitsSubsidiaries,ineachcaseexceptforthosethatwouldnotreasonablybeexpectedtohave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect.

Section4.8CompliancewithLaws;Permits.

(a)AMIDanditsSubsidiariesare,andsincethelaterofDecember31,2014andtheirrespectivedatesofincorporation,formationororganizationhavebeen,incompliance

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withandarenotindefaultunderorinviolationofanyapplicableLaws,exceptwheresuchnon-compliance,defaultorviolationwouldnothave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect.

(b)AMIDanditsSubsidiariesareinpossessionofallPermits(includingEnvironmentalPermits)necessaryforAMIDanditsSubsidiariestoown,leaseandoperatetheirpropertiesandassetsortocarryontheirbusinessesastheyarenowbeingconducted(the“AMID Permits ”),exceptwherethefailuretohaveanyoftheAMIDPermitswouldnothave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect.AllAMIDPermitsareinfullforceandeffect,exceptwherethefailuretobeinfullforceandeffectwouldnothave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect.NosuspensionorcancellationofanyoftheAMIDPermitsispendingor,totheKnowledgeofAMID,threatened,exceptwheresuchsuspensionorcancellationwouldnothave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect.AMIDanditsSubsidiariesarenot,andsinceDecember31,2014havenotbeen,inviolationorbreachof,ordefaultunder,anyAMIDPermit,exceptwheresuchviolation,breachordefaultwouldnothave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect.AsofthedateofthisAgreement,totheKnowledgeofAMID,noeventorconditionhasoccurredorexistswhichwouldresultinaviolationof,breach,defaultorlossofabenefitunder,oraccelerationofanobligationofAMIDoranyofitsSubsidiariesunder,anyAMIDPermit,orhascaused(orwouldcause)anapplicableGovernmentalAuthoritytofailorrefusetoissue,reneworextendanyAMIDPermit(ineachcase,withorwithoutnoticeorlapseoftimeorboth),exceptforviolations,breaches,defaults,losses,accelerationsorfailuresthatwouldnothave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect.

(c)WithoutlimitingthegeneralityofSection4.8(a),AMID,eachofitsSubsidiaries,and,totheKnowledgeofAMID,eachjointventurepartner,jointinterestowner,consultant,agent,orrepresentativeofanyoftheforegoing(intheirrespectivecapacitiesassuch),(i)hasnotviolatedtheU.S.ForeignCorruptPracticesAct,andanyotherU.S.andforeignanti-corruptionLawsthatareapplicabletoAMIDoritsSubsidiaries;(ii)hasnot,totheKnowledgeofAMID,beengivenwrittennoticebyanyGovernmentalAuthorityofanyfactswhich,iftrue,wouldconstituteaviolationoftheU.S.ForeignCorruptPracticesActoranyotherU.S.orforeignanti-corruptionLawsbyanysuchperson;and(iii)totheKnowledgeofAMID,isnotbeing(andhasnotbeen)investigatedbyanyGovernmentalAuthorityexcept,ineachcaseoftheforegoingclauses(i)through(iii),aswouldnothave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect.

Section4.9InformationSupplied.SubjecttotheaccuracyoftherepresentationsandwarrantiesofSXEsetforthinSection3.9,noneoftheinformationsupplied(ortobesupplied)inwritingbyoronbehalfofAMIDspecificallyforinclusionorincorporationbyreferencein(a)theRegistrationStatementwill,atthetimetheRegistrationStatement,oranyamendmentorsupplementthereto,isfiledwiththeSECoratthetimeitbecomeseffectiveundertheSecuritiesAct,containanyuntruestatementofamaterialfactoromittostateanymaterialfactrequiredtobestatedthereinornecessaryinordertomakethestatementsmadetherein,inlightofthecircumstancesunderwhichtheyaremade,notmisleading,and(b)theProxyStatementwill,onthedateitisfirstmailedtoSXEUnitholders,andatthetimeoftheSXEUnitholdersMeeting,containanyuntruestatementofamaterialfactoromittostateanymaterialfactrequiredtobestatedthereinornecessaryinordertomakethestatementstherein,inlightofthecircumstances

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underwhichtheyaremade,notmisleading.TheRegistrationStatementandProxyStatementwillcomplyastoforminallmaterialrespectswiththeapplicablerequirementsoftheSecuritiesActorExchangeAct,asapplicable.Notwithstandingtheforegoing,AMIDmakesnorepresentationorwarrantywithrespecttoinformationsuppliedbyoronbehalfofSXEforinclusionorincorporationbyreferenceinanyoftheforegoingdocuments.

Section4.10TaxMatters.

(a)AllTaxReturnsthatwererequiredtobefiledbyorwithrespecttoAMIDoranyofitsSubsidiarieshavebeendulyandtimelyfiled(takingintoaccountanyextensionoftimewithinwhichtofile)andallsuchTaxReturnsaretrue,completeandaccurateinallmaterialrespects.Allitemsofincome,gain,loss,deductionandcreditorotheritemsrequiredtobeincludedineachsuchTaxReturnshavebeensoincluded.AllTaxesowedbyAMIDoranyofitsSubsidiariesthatareorhavebecomeduehavebeentimelypaidinfulloranadequatereserveforthepaymentofsuchTaxeshasbeenestablished.

(b)Therearenoaudits,examinations,investigationsorotherlegalproceedingspendingorthreatenedwithrespecttoTaxesorwithrespecttoanyTaxReturnofAMIDoranyofitsSubsidiaries.

(c)AllamountsrequiredtobecollectedorwithheldbyAMIDoranyofitsSubsidiarieswithrespecttoTaxeshavebeentimelycollectedorwithheldandanysuchamountsthatarerequiredtohavebeenremittedtoanyTaxingauthorityhavebeentimelyremitted.

(d)NeitherAMIDnoranyofitsSubsidiarieshasconsentedtoanywaiversorextensionsofanyapplicablestatuteoflimitationsfortheassessmentorcollectionofanyTaxesoranyduedateforthefilingofanyTaxReturnwithrespecttoitthatremainineffect.

(e)TherearenoLiensforTaxesupontheassetsofAMIDoranyofitsSubsidiaries,exceptforstatutoryLiensforTaxesnotyetdueandpayableortheamountorvalidityofwhichisbeingcontestedingoodfaithbyappropriateproceedings.

(f)Noassessment,deficiencyoradjustmentinrespectofTaxeshasbeenasserted,proposed,assessedorthreatenedinwritingbyanyTaxauthorityagainstAMIDoranyofitsSubsidiaries.

(g)NowrittenclaimhasbeenmadebyaTaxauthorityinajurisdictionwhereAMIDoranyofitsSubsidiariesdoesnotpayTaxorfileTaxReturnsthatAMIDoranySubsidiaryisormaybesubjecttoTaxesassessedbysuchjurisdiction,norhasanyassertionbeenthreatenedorproposedinwriting.

(h)NeitherAMIDnoranyofitsSubsidiarieswillberequiredtoincludeanyamountinincomeforanytaxableperiodasaresultofachangeinaccountingmethodforanyPre-ClosingTaxPeriodorpursuanttoanyagreementwithanyTaxauthoritywithrespecttoanysuchtaxableperiod.

(i)NeitherAMIDnoranyofitsSubsidiariesisapartytoaTaxallocationorsharingagreement,andnopaymentsaredueorwillbecomeduebyAMIDoranyofitsSubsidiariespursuanttoanysuchagreementorarrangementoranyTaxindemnificationagreement.

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(j)NeitherAMIDnoranyofitsSubsidiarieshasbeenamemberofanaffiliatedgroupfilingaconsolidatedfederalincomeTaxReturnorhasanyliabilityfortheTaxesofanyPerson(otherthanAMIDoranySubsidiary),asatransfereeorsuccessor,bycontract,orotherwise.

(k)NeitherAMIDnoranyofitsSubsidiarieshasenteredintoanyagreementorarrangementwithanyTaxauthoritythatrequiresAMIDoranyofitsSubsidiariestotakeanyactionorrefrainfromtakinganyactionwithrespecttoTaxes.

(l)NeitherAMIDnoranyofitsSubsidiarieshasenteredintoatransactionthatisa“reportabletransaction”withinthemeaningofTreasuryRegulationsSection1.6011-4(b).

(m)NeitherAMIDnoranyofitsSubsidiarieshasagreedtoorcouldberequiredtoincludeanyitemofincomein,orexcludeanyitemofdeductionfrom,taxableincomeforanyPost-ClosingTaxPeriodasaresultofanyinstallmentsaleoropentransactiondispositionmadeonorpriortotheClosingDate,prepaidamountreceivedonorpriortotheClosingDateorelectionunderSection108(i)oftheCode.

(n)AMIDandeachSubsidiarythatisclassifiedasapartnershipforU.S.federalincometaxpurposeshaveineffectavalidelectionunderSection754oftheCode.

(o)AMIDisproperlyclassifiedasapartnershipforU.S.federalincometaxpurposes,andnotasanassociationorapubliclytradedpartnershiptaxableasacorporationunderSection7704oftheCodeandhasbeenproperlytreatedassuchsinceitsformation,andeachofitsSubsidiariesiseither(i)properlyclassifiedasapartnershipforU.S.federalincometaxpurposesor(ii)properlydisregardedasanentityseparatefromitsrespectiveownerforU.S.federalincometaxpurposespursuanttoTreasuryRegulationsSection301.7701-3(b).

(p)NeitherAMIDnoranyofitsSubsidiariesisa“foreignperson”withinthemeaningofSection1445oftheCode.

Section4.11EmployeeBenefits.

(a)Section4.11(a)oftheAMIDDisclosureSchedulelistsallmaterialAMIDBenefitPlans.“AMID Benefit Plans ”means(i)all“employeebenefitplans”(withinthemeaningofSection3(3)ofERISA)and(ii)allothercompensationoremployeebenefitplans,programs,policies,agreementsorotherarrangements,whetherornotsubjecttoERISA,including,cashorequityorequity-based,employment,retention,changeofcontrol,health,medical,dental,disability,accident,lifeinsurance,vacation,severance,retirement,pension,savings,ortermination,ineachcaseofclauses(i)and(ii)thataresponsored,maintained,contributedtoorrequiredtobecontributedtobyAMIDoranyofitsSubsidiariesforthebenefitofcurrentorformeremployees,directorsorconsultantsofAMIDoritsSubsidiaries.

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(b)Exceptaswouldnot,individuallyorintheaggregate,haveanAMIDMaterialAdverseEffect,(i)noneofAMID,anyofitsSubsidiaries,oranyoftheirrespectiveERISAAffiliatescontributesto,isrequiredtocontributeto,orhasinthelastsixyearscontributedtoorbeenrequiredtocontributetoaMultiemployerPlanandnoneofAMID,anyofitsSubsidiaries,oranyoftheirrespectiveERISAAffiliateshasincurredany“withdrawalliability”(withinthemeaningofSection4201ofERISA)toaMultiemployerPlanthathasnotbeensatisfiedinfullorhas(orisreasonablyexpectedtohave)anyothercurrentorcontingentliabilitywithrespecttoanyMultiemployerPlan,and(ii)noneofAMID,anyofitsSubsidiaries,oranyoftheirrespectiveERISAAffiliateshasinthelastsixyearssponsored,maintained,contributedtoorbeenrequiredtocontributeto,orhas(orisreasonablyexpectedtohave)anycurrentorcontingentliabilitywithrespecttoany“employeepensionbenefitplan,”asdefinedinSection3(2)ofERISA,thatissubjecttoTitleIVorSection302ofERISAorSection412oftheCode.

(c)Exceptforsuchclaimswhichwouldnot,individuallyorintheaggregate,haveanAMIDMaterialAdverseEffect,noaction,dispute,suit,claim,arbitration,orlegal,administrativeorotherproceedingorgovernmentalactionispendingor,totheKnowledgeofAMID,threatened(i)withrespecttoanyAMIDBenefitPlanotherthanclaimsforbenefitsintheordinarycourse,(ii)alleginganybreachofthematerialtermsofanyAMIDBenefitPlanoranyfiduciarydutieswithrespecttheretoor(iii)withrespecttoanyviolationofanyapplicableLawwithrespecttosuchAMIDBenefitPlan.

(d)EachAMIDBenefitPlanhasbeenmaintained,fundedandadministeredincompliancewithitstermsandwithapplicableLaw,includingERISAandtheCode,exceptforsuchnon-compliancewhichwouldnot,individuallyorintheaggregate,haveanAMIDMaterialAdverseEffect.

(e)Exceptaswouldnothave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect,withrespecttoanyAMIDBenefitPlan,allcontributions,premiumsandotherpaymentsduefromanyofAMIDoritsSubsidiariesrequiredbyLaworanyAMIDBenefitPlanhavebeenmadeorproperlyaccruedunderanysuchplantoanyfund,trustoraccountestablishedthereunderorinconnectiontherewithbytheduedatethereof.

(f)EachAMIDBenefitPlansubjecttoSection409AoftheCodehascompliedinformandoperationwiththerequirementsofSection409AoftheCodeasineffectfromtime-to-time.

(g)Theconsummationofthetransactionscontemplatedherebywillnot,eitheraloneorincombinationwithanotherevent,(i)entitleanycurrentorformeremployee,consultantorofficerofAMID,AMIDGPoranyoftheirrespectiveSubsidiariestoanyseverancepay,retentionbonuses,parachutepayments,non-competitionpayments,unemploymentcompensationoranyotherpayment,(ii)acceleratethetimeofpaymentorvesting,orincreasetheamountofanycompensationdueanysuchemployee,consultantorofficer,(iii)resultinanyforgivenessofindebtednessorobligationtofundbenefitswithrespecttoanysuchemployee,directororofficeror(iv)resultinanyamountfailingtobedeductiblebyreasonofSection280GoftheCode.

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Section4.12LaborMatters.

(a)Exceptaswouldnot,individuallyorintheaggregate,haveanAMIDMaterialAdverseEffect,noneoftheemployeesofAMID,AMIDGPoranyoftheirrespectiveSubsidiariesisrepresentedinhisorhercapacityasanemployeeofAMID,AMIDGPorsuchSubsidiarybyanylabororganization.NoneofAMID,AMIDGPoranysuchSubsidiaryhasrecognizedanylabororganization,norhasanylabororganizationbeenelectedasthecollectivebargainingagentofanyemployeesofAMID,AMIDGPoranyoftheirrespectiveSubsidiaries,norhasAMID,AMIDGPoranysuchSubsidiaryenteredintoanycollectivebargainingagreementorunioncontractrecognizinganylabororganizationasthebargainingagentofanyemployeesofAMID,AMIDGPoranyoftheirrespectiveSubsidiaries.

(b)Exceptforsuchmatterswhichwouldnot,individuallyorintheaggregate,haveanAMIDMaterialAdverseEffect,noneofAMID,AMIDGPoranyoftheirrespectiveSubsidiarieshasreceivedwrittennoticeduringthepasttwoyearsoftheintentofanyGovernmentalAuthorityresponsiblefortheenforcementoflabor,employment,occupationalhealthandsafetyorworkplacesafetyandinsurance/workerscompensationlawstoconductaninvestigationofAMID,AMIDGPoranyoftheirrespectiveSubsidiarieswithrespecttosuchmattersand,totheKnowledgeofAMIDandAMIDGP,nosuchinvestigationisinprogress.Exceptforsuchmatterswhichwouldnothave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect,(i)thereareno(andhavenotbeenduringthetwo-yearperiodprecedingthedateofthisAgreement)strikesorlockoutswithrespecttoanyemployeesofAMID,AMIDGPoranyoftheirrespectiveSubsidiaries,(ii)totheKnowledgeofAMIDandAMIDGP,thereisno(andhasnotbeenduringthetwo-yearperiodprecedingthedateofthisAgreement)unionorganizingeffortpendingorthreatenedagainstAMID,AMIDGPoranyoftheirrespectiveSubsidiaries,(iii)thereisno(andhasnotbeenduringthetwo-yearperiodprecedingthedateofthisAgreement)unfairlaborpractice,labordispute(otherthanroutineindividualgrievances)orlaborarbitrationproceedingpendingor,totheKnowledgeofAMIDorAMIDGP,threatenedagainstAMID,AMIDGPoranyoftheirrespectiveSubsidiariesand(iv)thereisno(andhasnotbeenduringthetwoyearperiodprecedingthedateofthisAgreement)slowdown,orworkstoppageineffector,totheKnowledgeofAMIDorAMIDGP,threatenedwithrespecttoanyemployeesofAMID,AMIDGPoranyoftheirrespectiveSubsidiaries.NoneofAMID,AMIDGPoranyoftheirrespectiveSubsidiarieshasanyliabilitiesundertheWARNActasaresultofanyactiontakenbyAMID,AMIDGPoranyoftheirrespectiveSubsidiariesthatwouldhave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect.Exceptforsuchnon-compliancewhichwouldnothave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect,AMID,AMIDGPandeachoftheirrespectiveSubsidiariesis,andduringthetwoyearperiodprecedingthedateofthisAgreementhasbeen,incompliancewithallapplicableLawsinrespectofemploymentandemploymentpractices,termsandconditionsofemployment,wagesandhoursandoccupationalsafetyandhealth(includingclassificationsofserviceprovidersasemployeesand/orindependentcontractors).

Section4.13EnvironmentalMatters.Exceptaswouldnot,individuallyorintheaggregate,haveanAMIDMaterialAdverseEffect:(i)eachofAMIDanditsSubsidiariesis,and,sinceDecember31,2014,hasbeen,incompliancewithallapplicableEnvironmentalLaws,whichcomplianceincludesobtaining,maintainingandcomplyingwithallEnvironmentalPermits,(ii)therehasbeennoreleaseofanyHazardousSubstancebyAMIDoranyofits

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Subsidiaries,ortotheKnowledgeofAMID,anyotherPersoninanymannerthatwouldreasonablybeexpectedtogiverisetoAMIDoranyofitsSubsidiariesincurringanyremedialobligationorcorrectiveactionrequirementunderapplicableEnvironmentalLaws,(iii)therearenoinvestigations,actions,suitsorproceedingspendingor,totheKnowledgeofAMID,threatenedagainstAMIDoranyofitsSubsidiariesorinvolvinganyrealpropertycurrentlyor,totheKnowledgeofAMID,formerlyowned,operatedorleasedbyorforAMIDoranySubsidiaryallegingnoncompliancewithorliabilityunder,anyEnvironmentalLawand(iv)totheKnowledgeofAMID,noHazardousSubstancehasbeendisposedof,releasedortransportedinviolationofanyapplicableEnvironmentalLaw,fromanypropertiesownedoroperatedbyAMIDoranyofitsSubsidiariesorasaresultofanyoperationsoractivitiesofAMIDoranyofitsSubsidiaries.

Section4.14Contracts.

(a)Section4.14(a)oftheAMIDDisclosureSchedulecontainsatrueandcompletelistingoftheeach“materialcontract”(assuchtermisdefinedinItem601(b)(10)ofRegulationS-KoftheSEC)(whichterm,forpurposesofthisSection4.14,shallnotincludeanyAMIDBenefitPlan)towhichanyofAMIDoritsSubsidiariesisapartyineffectonthedateofthisAgreement(eachContractthatisdescribedinthisSection4.14(a)beingan“AMID Material Contract ”).

(b)Exceptaswouldnothave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect:(i)eachAMIDMaterialContractisvalidandbindingonAMIDandanyofitsSubsidiaries,asapplicable,andisinfullforceandeffect;(ii)eachAMIDMaterialContractwillcontinuetobevalidandbindingonAMIDandanyofitsSubsidiaries,asapplicable,andinfullforceandeffectonidenticaltermsfollowingtheconsummationofthetransactionscontemplatedbythisAgreement;(iii)AMIDandeachofitsSubsidiarieshasperformedallobligationsrequiredtobeperformedbyittodateundereachAMIDMaterialContract;(iv)neitherAMIDnoranyofitsSubsidiarieshasreceivedwrittennoticeof,orknowsof,theexistenceofanyeventorconditionwhichconstitutes,or,afternoticeorlapseoftimeorboth,willconstitute,adefaultonthepartofAMIDoranyofitsSubsidiariesunderanysuchAMIDMaterialContract;and(v)totheKnowledgeofAMID,asofthedateofthisAgreementnootherpartytoanyAMIDMaterialContractisindefaultthereunder,nordoesanyconditionexistthatwithnoticeorlapseoftimeorbothwouldconstituteadefaultbyanysuchotherpartythereunder.

Section4.15Property.

(a)Exceptaswouldnothave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect,AMIDoraSubsidiaryofAMIDownsandhasgoodtitletoallofitsownedrealproperty(otherthanseveredoil,gasand/ormineralrightsandotherhydrocarboninterests)andgoodtitletoallitsownedpersonalproperty,andhasvalidleaseholdinterestsinallofitsleasedrealproperties(otherthanhydrocarboninterests)freeandclearofallLiens,ineachcase,sufficienttoconducttheirrespectivebusinessesascurrentlyconducted(exceptinallcasesforLienspermissibleunderornotprohibitedbyanyapplicablematerialloanagreementsandindentures(togetherwithallrelatedmortgages,deedsoftrustandothersecurityagreements)).Exceptaswouldnothave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect,

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allleasesunderwhichAMIDoranyofitsSubsidiariesleaseanyrealorpersonalproperty(otherthanhydrocarboninterests)arevalidandeffectiveagainstAMIDoranyofitsSubsidiariesand,totheKnowledgeofAMID,thecounterpartiesthereto,inaccordancewiththeirrespectiveterms,andthereisnot,underanyofsuchleases,anyexistingmaterialdefaultbyAMIDoranyofitsSubsidiariesor,totheKnowledgeofAMID,thecounterpartiesthereto,or,totheKnowledgeofAMID,anyeventwhich,withnoticeorlapseoftimeorboth,wouldbecomeamaterialdefaultbyAMIDoranyofitsSubsidiaries,or,totheKnowledgeofAMID,thecounterpartiesthereto.

(b)AMIDanditsSubsidiarieshavesuchrights-of-wayasaresufficienttoconducttheirbusinessesinallmaterialrespectsascurrentlyconducted,exceptwherethecost(s)ofcuringthefailure(s)toobtainsuchsuchrights-of-way,wouldnot,individuallyorintheaggregate,haveanAMIDMaterialAdverseEffect.Exceptaswouldnot,individuallyorintheaggregate,haveanAMIDMaterialAdverseEffect,eachofAMIDanditsSubsidiarieshasfulfilledandperformedallitsobligationswithrespecttosuchrights-of-waywhicharerequiredtobefulfilledorperformedasofthedateofthisAgreement(subjecttoallapplicablewaivers,modifications,graceperiodsandextensions)andnoeventhasoccurredthatallows,orafternoticeorlapseoftimewouldallow,revocationorterminationthereoforwouldresultinanyimpairmentoftherightsoftheholderofanysuchrights-of-way,exceptforrightsreservedto,orvestedin,anymunicipalityorotherGovernmentalAuthorityoranyrailroadbythetermsofanyright,power,franchise,grant,license,permit,orbyanyotherprovisionofanyapplicableLaw,toterminateortorequireannualorotherperiodicpaymentsasaconditiontothecontinuanceofsuchright.

Section4.16BrokersandOtherAdvisors.ExceptforDeutscheBankSecuritiesInc.,thefeesandexpensesofwhichwillbepaidbyAMID,nobroker,investmentbankerorfinancialadvisorisentitledtoanybroker’s,finder’sorfinancialadvisor’sfeeorcommission,orthereimbursementofexpenses,inconnectionwiththeMergerorthetransactionscontemplatedherebybasedonarrangementsmadebyoronbehalfofAMIDoranyofitsSubsidiaries.

Section4.17RegulatoryMatters.

(a)NoneofAMIDoranyofitsSubsidiariesownsoroperatesfacilitiessubjecttotheNGAortheNGPA,andtherearenoproceedingspending,ortotheKnowledgeofAMID,threatened,allegingthatAMIDoranyofitsSubsidiariesisinmaterialviolationoftheNGA,ortheNGPA.

(b)NoneofAMIDoranyofitsSubsidiariesnoranyoftheservicesprovidedbyAMIDoranyofitsSubsidiariesaresubjecttoregulationbytheFederalEnergyRegulatoryCommissionpursuanttotheICA,andtherearenoProceedingspending,ortotheKnowledgeofAMID,threatened,allegingthatAMIDoranyofitsSubsidiariesisinmaterialviolationoftheICA.

Section4.18Financing.OntheClosingDate,AMIDshallhavesufficientcash,borrowingavailabilityunderitscreditfacilities,availablelinesofcreditorothersourcesofimmediatelyavailablefunds(inDollars)topayinfulltheamountsetforthinthePayoffLetterspursuanttoSection5.15.

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Section4.19NoOtherRepresentationsorWarranties.ExceptfortherepresentationsandwarrantiessetforthinthisArticleIV,neithertheAMIDEntitiesnoranyotherPersonmakesorhasmadeanyexpressorimpliedrepresentationorwarrantywithrespecttoAMIDGP,AMIDoritsSubsidiariesorwithrespecttoanyotherinformationprovidedtotheSXEEntitiesinconnectionwiththeMerger,theHoldingsContributionorthetransactionscontemplatedherebyorbytheHoldingsContributionAgreement.Withoutlimitingthegeneralityoftheforegoing,neithertheAMIDEntitiesnoranyotherPersonwillhaveorbesubjecttoanyliabilityorotherobligationtoanyoftheSXEEntitiesoranyotherPersonresultingfromthedistributiontoanyoftheSXEEntities(includingtheirRepresentatives),oranyoftheSXEEntities’(orsuchRepresentatives’)useof,anysuchinformation,includinganyinformation,documents,projections,forecastsorothermaterialsmadeavailabletotheSXEEntitiesinany“datarooms”ormanagementpresentationsinexpectationoftheMerger.

ARTICLE VADDITIONAL COVENANTS AND AGREEMENTS

Section5.1PreparationoftheRegistrationStatementandtheProxyStatement;SXEUnitholdersMeeting.

(a)AssoonaspracticablefollowingthedateofthisAgreement,SXEandAMIDshallprepareandAMIDshallfilewiththeSECtheRegistrationStatement,inwhichtheProxyStatementwillbeincludedasaprospectus.EachofSXEandAMIDshalluseitsreasonablebesteffortstohavetheRegistrationStatementdeclaredeffectiveundertheSecuritiesActaspromptlyaspracticableaftersuchfilingandkeeptheRegistrationStatementeffectiveforsolongasnecessarytoconsummatethetransactionscontemplatedhereby.SXEshalluseitsreasonablebesteffortstocausetheProxyStatementtobemailedtotheSXEUnitholdersaspromptlyaspracticableaftertheRegistrationStatementisdeclaredeffectiveundertheSecuritiesAct.Nofilingof,oramendmentorsupplementto,theRegistrationStatementwillbemadebyAMID,andnofilingof,oramendmentorsupplementto,theProxyStatementwillbemadebySXE,withoutprovidingtheotherPartyareasonableopportunitytoreviewandcommentthereon.IfatanytimepriortotheEffectiveTimeanyinformationrelatingtoSXEorAMID,oranyoftheirrespectiveAffiliates,directorsorofficers,isdiscoveredbySXEorAMIDthatshouldbesetforthinanamendmentorsupplementtoanyoftheRegistrationStatementortheProxyStatement,sothatanysuchdocumentwouldnotincludeanymisstatementofamaterialfactoromittostateanymaterialfactnecessarytomakethestatementstherein,inlightofthecircumstancesunderwhichtheyweremade,notmisleading,thePartythatdiscoverssuchinformationshallpromptlynotifytheotherPartiesheretoandanappropriateamendmentorsupplementdescribingsuchinformationshallbejointlypreparedandpromptlyfiledwiththeSECand,totheextentrequiredbyLaw,disseminatedtotheSXEUnitholders.ThePartiesshallnotifyeachotherpromptlyofthereceiptofanycommentsfromtheSECorthestaffoftheSECandofanyrequestbytheSECorthestaffoftheSECforamendmentsorsupplementstotheProxyStatementortheRegistrationStatementorforadditionalinformationandshallsupplyeachotherwithcopiesof(i)allcorrespondencebetweenitoranyofitsRepresentatives,ontheonehand,andtheSECorthestaffoftheSEC,ontheotherhand,withrespecttotheProxyStatementandtheRegistrationStatement,orthetransactionscontemplatedherebyand(ii)allordersoftheSECrelatingtotheRegistrationStatement.

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(b)SXEshall,assoonaspracticablefollowingthedateofthisAgreement,establisharecorddatefor,dulycall,givenoticeof,conveneandholdaspecialmeetingoftheSXEUnitholders(the“SXE Unitholders Meeting ”)forthepurposeofobtainingtheSXEUnitholderApproval.SubjecttoSection5.3,SXEshall,throughtheSXEGPBoard,recommendtotheSXEUnitholdersapprovalofthisAgreement(the“SXE Board Recommendation ”).UnlesstheSXEGPBoardhaseffectedaSXEAdverseRecommendationChangeinaccordancewithSection5.3,SXEshalluseitsreasonablebesteffortstosolicitfromtheSXEUnitholdersproxiesinfavoroftheMergerandtotakeallotheractionnecessaryoradvisabletosecuretheSXEUnitholderApproval.TheProxyStatementshallinclude,subjecttoSection5.3,theSXEBoardRecommendation.NotwithstandinganythinginthisAgreementtothecontrary,unlessthisAgreementisterminatedinaccordancewithSection7.1,SXEshallsubmitthisAgreementforapprovalbytheSXEUnitholdersatsuchSXEUnitholdersMeeting.NotwithstandinganythinginthisAgreementtothecontrary,SXEmaypostponeoradjourntheSXEUnitholdersMeeting(i)tosolicitadditionalproxiesforthepurposeofobtainingtheSXEUnitholderApproval,(ii)fortheabsenceofaquorum,(iii)toallowreasonableadditionaltimeforthefilingand/ormailingofanysupplementaloramendeddisclosurethatSXEhasdeterminedafterconsultationwithoutsidelegalcounselisnecessaryunderapplicableLawandforsuchsupplementaloramendeddisclosuretobedisseminatedandreviewedbytheSXEUnitholderspriortotheSXEUnitholdersMeeting,or(iv)ifSXEhasdeliveredanynoticecontemplatedbySection5.3(c)andthetimeperiodscontemplatedbySection5.3(c)havenotexpired.

Section5.2ConductofBusiness.

(a)Except(i)asexpresslypermittedbythisAgreement,(ii)assetforthinSection5.2(a)oftheSXEDisclosureSchedule,(iii)asrequiredbyapplicableLaw,or(iv)asconsentedtoinwriting(includingbye-mail)byAMID(whichconsentshallnotbeunreasonablywithheld,delayedorconditioned)(ordeemedconsentedtobyAMIDasprovidedinthelastsentenceofthisSection5.2(a)),duringtheperiodfromthedateofthisAgreementuntiltheEffectiveTime,SXEshall,andshallcauseeachofitsSubsidiariesto,(i)conductitsbusinessintheordinarycourseofbusinessconsistentwithpastpracticeand(ii)usecommerciallyreasonableeffortsto(A)preserveintactitsbusinessorganizationandassets;(B)keepavailabletheservicesofitscurrentofficersandkeyemployees;(C)keepinfullforceandeffectallmaterialSXEPermits;and(D)complyinmaterialrespectswithallapplicableLaws.Withoutlimitingthegeneralityoftheforegoing,except(i)asexpresslypermittedbythisAgreement,(ii)assetforthinSection5.2(a)oftheSXEDisclosureSchedule,(iii)asrequiredbyapplicableLaw,or(iv)asconsentedtoinwriting(includingbye-mail)byAMID(whichconsentshallnotbeunreasonablywithheld,delayedorconditioned)(ordeemedconsentedtobyAMIDasprovidedinthelastsentenceofthisSection5.2(a)),duringtheperiodfromthedateofthisAgreementtotheEffectiveTime,SXEshallnot,andshallnotpermititsSubsidiariesto:

(i)(A)issue,sell,grant,setaside,disposeof,acceleratethevestingof,modify,orotherwisesubjecttoanyLienasapplicable,anySXESecurities,(B)redeem,purchaseorotherwiseacquireanySXESecuritiesincludingpursuanttocontractsasineffectonthedatehereof,otherthanwithrespecttoanyequityorequity-basedawardsgrantedunderanySXEEquityPlanoutstandingasofthedateofthisAgreement,(C)declare,setasideforpaymentorpayanydistributionordividendsonanySXESecurities(otherthantheissuanceofClassBPIKUnitspursuanttotheSXE

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PartnershipAgreement,ordistributionsfromwhollyownedSubsidiariesofSXEtoitsparent),or(D)split,combine,subdivideorreclassifyorotherwiseamendthetermsofanySXESecurities;

(ii)(A)incur,refinance(orenterintoa“keepwell”orsimilaragreementwithrespecttosuchindebtedness),assumeorguaranteeanyindebtednessforborrowedmoney,orissueorsellanydebtsecuritiesoroptions,warrants,callsorotherrightstoacquireanydebtsecurities,otherthan(1)borrowingsundertheSXECreditFacilities,oranyreplacementsthereof,intheordinarycourseofbusinessconsistentwithpastpractice;providedthat(x)borrowingsoutstandingfromtimetotimeundertheSXERevolvingCreditAgreement,oranyreplacementsthereof,shallnotexceedtheavailableLiquidity(asdefinedintheSXERevolvingCreditAgreement)undertheSXERevolvingCreditAgreementand(y)borrowingsoutstandingfromtimetotimeundertheSXETermLoan,oranyreplacementsthereof,shallnotexceedanamountequaltotheoutstandingborrowingsthereunderasofthedatehereofplus$10,000,000;(2)intercompanyborrowingsfromSXEoranyofitsSubsidiaries,(3)repaymentsofborrowingsfromanyofSXEoritsSubsidiariesbyanyofSXEoritsSubsidiaries,(4)non-convertibleQualifyingNotes(asdefinedintheInvestmentAgreement)issuedtooneormoreSponsors(asdefinedintheBackstopLetter)inexchangeforcashasrequiredbytheInvestmentAgreement,BackstopLetterorpursuanttoaninvestmentinSXEthatreducestheCommittedAmount(asdefinedintheInvestmentAgreement),inaninitialaggregateprincipalamountnotinexcessof$15,000,000,which,ineachcase,shallreducetheamountofborrowingspermittedtobeincurredunderclause(1)ofthisSection5.2(a)(ii)onadollarforbasis,whetherthroughareductioninavailableLiquidity,areductionincommitmentsundertheSXERevolvingCreditAgreementorotherwise(withoutduplication,plusanypaid-in-kindinterestinrespectofsuchQualifyingNotes,and(5)guaranteesbyanySXEoritsSubsidiariesofindebtednessofanySXEoritsSubsidiaries,or(B)exceptaspermittedpursuanttoclause(A)above,repay,prepayorrepurchaseanylong-termindebtednessforborrowedmoneyordebtsecuritiesofanyofSXEoritsSubsidiaries(otherthan(x)revolvingindebtedness,(y)borrowingsfromanyofSXEoritsSubsidiariesor(z)repaymentsorrepurchasesrequiredpursuanttothetermsofsuchindebtednessordebtsecurityasineffectonthedatehereofandlistedinSection5.2(a)(ii)oftheSXEDisclosureSchedule);

(iii)sell,transfer,lease,license,subjecttoanyLienorotherwisedisposeof(includingpursuanttoasaleleasebacktransactionoranassetsecuritizationtransaction)anyofitspropertiesorassetswithafairmarketvalueinexcessof$500,000individuallyor$1,000,000intheaggregate,except(A)pursuanttocontractsinforceatthedateofthisAgreementandlistedinSection5.2(a)(iii)oftheSXEDisclosureSchedule,(B)dispositionsofobsoleteorworthlessequipment,(C)transactionsinvolvingsalesofcrudeoil,naturalgas,condensates,naturalgasliquidsandotherproducedhydrocarbonsandmineralsmadeintheordinarycourseofbusinessconsistentwithpastpracticeor(D)intercompanysales,transfers,leasesorotherdisposalstoanyofSXEoritsSubsidiaries;

(iv)makeanycapitalexpenditureorcapitalexpenditures(whichshallinclude,anyinvestmentsbycontributiontocapital,propertytransfers,purchaseof

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securitiesorotherwise)inexcessof$1,000,000intheaggregate,exceptfor(A)anycapitalexpendituresapprovedbytheSXEGPBoardandincludedinthebudgetofSXEprovidedtoAMIDpriortothedatehereofassetforthonSection5.2(a)(iv)oftheSXEDisclosureSchedule,(B)anycapitalexpendituressetforthinSection5.2(a)oftheSXEDisclosureScheduleor(C)asmaybereasonablyrequiredtoconductemergencyoperations,repairsorreplacementsonanywell,pipeline,orotherfacility;

(v)directlyorindirectly(A)acquireoragreetoacquirebymergingorconsolidatingwith,orbypurchasingalloforasubstantialequityinterestinormaterialassetsof,makinganinvestmentinorloanorcapitalcontributiontoorbyanyothermanner,anyPersonordivision,businessorequityinterestofanyPersonor(B)enterintoanyjointventure,strategicalliance,exclusivedealing,noncompetitionorsimilarcontractorarrangementthatwouldrestrictorlimit,inanymaterialrespect,theoperationsofSXEanditsSubsidiaries;

(vi)assume,guaranteeorendorse,orotherwisebecomeresponsiblefor,theobligationsofanyPerson,ormakeanyloans,advancesorcapitalcontributionsto,orinvestmentsin,anyotherPerson(otherthan(A)travel,relocationexpensesandsimilarexpensesoradvancestoitsemployeesintheordinarycourseofbusinessconsistentwithpastpractice),(B)intercompanyloansandadvancesamongSXEanditsSubsidiariesor(C)tradecreditgrantedintheordinarycourseofbusinessconsistentwithpastpractice);

(vii)(A)except(1)forContractsrelatingtoindebtednessforborrowedmoneypermittedunderSection5.2(a)(ii),(2)forcommodityderivativeinstrumentsenteredintoincompliancewithSXE’sRiskManagementPolicyand(3)forcontractspermittedunderclause(E),enterintoanycontractoragreementthatwouldbeaSXEMaterialContractifinexistenceasofthedateofthisAgreement;(B)modifyoramendinanymaterialrespectorterminateanySXEMaterialContract;(C)waiveanymaterialrightsunderanySXEMaterialContract;(D)releaseanyPersonfrom,ormodifyorwaiveanyprovisionof,anystandstill,confidentialityorsimilaragreement,ineachcase,relatedtoasaleofSXEoranyofitsmaterialSubsidiaries;or(E)enterinto,amendormodifyanycontractthatinvolvesafutureorpotentialliabilityorreceivable,asthecasemaybe,inexcessof$1,000,000andhasatermgreaterthanoneyearandcannotbecancelledbySXEoranyofitsSubsidiarieswithoutpenaltyorfurtherpaymentandwithoutmorethan90-days’notice;

(viii)exceptasprovidedinSection5.2(a)(viii)oftheSXEDisclosureScheduleorasrequiredbytheterms,asofthedatehereof,ofanySXEBenefitPlan,(A)increasethecompensationofanyexecutiveofficerormanagementlevelemployee,orpayanybonusorincentivecompensation,(B)grantanynewequityornon-equitybasedcompensationaward,(C)exceptintheordinarycourseofbusinessconsistentwithpastpractice,(x)enterinto,establish,amendorterminateanySXEBenefitPlanoranyotheragreementorarrangementwhichwouldbeaSXEBenefitPlanifitwereineffectonthedateofthisAgreement,(y)acceleratethevestingorpaymentof,orincreasetheamountof,anycompensationorbenefitsunderanySXEBenefitPlanor(z)fundanySXEBenefitPlanortrustrelatingthereto,or(D)grant,award,orotherwiseprovideforthepaymentofchangeofcontrolbonuses(notincludingthepaymentofthechangeofcontrolbonussetforthin,andinaccordancewith,theConfidentialDisclosureLetter);

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(ix)(A)changeitsfiscalyearoranymaterialmethodofTaxaccounting,(B)make,changeorrevokeanymaterialTaxelection,(C)settleorcompromiseanymaterialliabilityforTaxes,(D)fileanyamendedTaxReturn,or(E)surrenderanyrighttoclaimarefundforTaxes,(F)enterintoanarrangementwithanyGovernmentalAuthoritywithrespecttoTaxes,(G)consenttoanextensionofthestatuteoflimitationsapplicabletoanyTaxclaimorassessment,(H)takeanyactionorfailtotakeanyactionthatwouldreasonablybeexpectedtocauseanyofSXEoritsSubsidiariesthatistreatedasapartnershipforU.S.federalincomeTaxpurposestobetreatedasacorporationforsuchpurposes,or(I)engageinanyactivityorconductanybusinessinamannerthatwouldcauselessthan90%ofthegrossincomeofSXEforanycalendarquartersinceitsformationtobetreatedas“qualifyingincome”withinthemeaningofSection7704(d)oftheCode;

(x)makeanymaterialchangesinfinancialaccountingmethods,principlesorpractices(orchangeanannualaccountingperiod),exceptinsofarasmayberequiredbyachangeinGAAPorapplicableLaw;

(xi)amendorotherwisechange,orauthorizeorproposetoamendorotherwisechange,anySXECharterDocuments;

(xii)adoptorenterintoaplanoragreementofcompleteorpartialliquidation,dissolution,restructuring,recapitalization,merger,consolidationorotherreorganization(otherthantransactionsexclusivelybetweenwhollyownedSubsidiariesofSXE);

(xiii)otherthanintheordinarycourseofbusinessconsistentwithpastpractice,cancel,compromise,waiveorreleaseanyrightorclaiminamannerorwithaneffectthatis,individuallyorintheaggregate,adversetoSXEanditsSubsidiaries,takenasawhole,inanymaterialrespect;

(xiv)(A)permitthelapse(withoutrenewalorreplacement)ofanyexistingmaterialpolicyofinsurancerelatingtotheassets,operationsandactivitiesofSXEoritsSubsidiariesor(B)reneworreplaceanyexistinginsurancepolicyforapremiumthatisinexcessof105%ofthepremiumforsuchpolicyasofthedatehereoforthatisforaterminexcessof12months;

(xv)acceleratethecollectionofordiscountanyaccountsreceivable,delaythepaymentofaccountspayableordeferexpenses,reduceinventoriesorotherwiseincreasecashonhand,exceptintheordinarycourseofbusinessconsistentwithpastpractice;

(xvi)(A)commenceanysuit,action,proceedingormaterialclaims(otherthanwithrespecttoanysuit,actionclaimorproceedingagainstAMIDoranyofitsAffiliates)or(B)exceptintheordinarycourseofbusinessconsistentwithpastpractice,pay,discharge,settleorsatisfyanysuit,action,claimsorproceeding,provided

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thatsuchactionsdonotresultinthepaymentorincurrenceofliabilitiesorobligationsbySXEoritsSubsidiariesofanamountinexcessof$500,000individuallyor$1,000,000intheaggregate,anddonotincludeanyequitableremediesorotherrestrictionsbindingonSXEbeyondsuchcashsettlement;or

(xvii)agree,inwritingorotherwise,totakeanyoftheforegoingactions.

IfSXErequestsAMID’sconsentinwriting(includingbye-mail)inaccordancewithSection8.9withadditionalnoticetoEricKalamarasandLouisDoreyorsuchotherindividualasAMIDshalldesignateinwritingtoSXE(the“DesignatedAMIDRepresentatives”),withrespecttoanyoftheactionsdescribedinSection5.2(a)(vii),andAMIDdoesnotprovideSXEwithawrittenconsentordenialofconsentwithrespecttheretowithinfiveBusinessDaysaftersuchrequestissenttotheDesignatedAMIDRepresentatives,AMIDshallbedeemedtohaveconsentedtosuchaction;providedthatifAMIDreasonablyrequestsadditionalinformationwithinsuchfiveBusinessDayperiod,thenAMIDshallnotbedeemedtohaveconsentedtosuchactionunlessAMIDdoesnotprovideSXEwithawrittenconsentordenialofconsentwithrespecttheretowithinfiveBusinessDaysafterallsuchrequestedinformationshallhavebeenprovidedtotheDesignatedAMIDRepresentatives.

(b)Except(i)asexpresslypermittedbythisAgreement,(ii)assetforthinSection5.2(b)oftheAMIDDisclosureSchedule,(iii)asrequiredbyapplicableLawor(iv)asconsentedtoinwritingbySXE(whichconsentshallnotbeunreasonablywithheld,delayedorconditioned),duringtheperiodfromthedateofthisAgreementuntiltheEffectiveTime,AMIDshall,andshallcauseeachofitsSubsidiariesto,(i)conductitsbusinessintheordinarycourseofbusinessconsistentwithpastpracticeand(ii)usecommerciallyreasonableeffortsto(A)preserveintactitsbusinessorganizationandassets;(B)keepavailabletheservicesofitscurrentofficersandkeyemployees;(C)keepinfullforceandeffectallmaterialAMIDPermits;and(D)complyinmaterialrespectswithallapplicableLaws.Withoutlimitingthegeneralityoftheforegoing,except(i)asexpresslypermittedbythisAgreement,(ii)assetforthinSection5.2(b)oftheAMIDDisclosureSchedule,(iii)asrequiredbyapplicableLaw,or(iv)asconsentedtoinwritingbySXE(whichconsentshallnotbeunreasonablywithheld,delayedorconditioned),duringtheperiodfromthedateofthisAgreementtotheEffectiveTime,AMIDshallnot,andshallnotpermititsSubsidiariesto:

(i)(A)Exceptfor(y)distributionsbyadirectorindirectSubsidiaryofAMIDtoitsparentor(z)AMID’sregularquarterlydistributionsandassociateddistributionstotheAMIDGP,declare,setasideforpaymentorpayanydistributiononanyAMIDUnitsorotherAMIDPartnershipInterests,orotherwisemakeanypaymentstotheAMIDUnitholdersintheircapacityassuch;or(B)split,combine,subdivideorreclassifyanyofitslimitedpartnershipunitsorotherinterests;

(ii)makeanymaterialchangesinfinancialaccountingmethods,principlesorpractices(orchangeanannualaccountingperiod),exceptinsofarasmayberequiredbyachangeinGAAPorapplicableLaw;

(iii)exceptasotherwiseinconnectionwiththeMerger,amendtheAMIDCharterDocumentsinanymannerthatwouldreasonablybeexpectedto(A)

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prohibitormateriallyimpedeordelaytheMergerortheconsummationoftheothertransactionscontemplatedbythisAgreement,or(B)adverselyaffectinamaterialwaytherightsofholdersofitssecuritiesorthesecuritiesofanyotherPartyhereto;

(iv)adoptaplanoragreementofcompleteorpartialliquidation,dissolution,restructuring,recapitalization,merger,consolidationorotherreorganization(otherthantransactionsexclusivelybetweenwhollyownedSubsidiariesofAMID)thatwould(A)preventormateriallyimpedeordelaytheabilityofthePartiestosatisfyanyoftheconditionsto,ortheconsummationofthetransactionssetforthinthisAgreementor(B)adverselyaffectinamaterialwaytherightsofholdersofthesecuritiesofanyPartyhereto;

(v)takeanyactionthatwouldinanymaterialrespectimpedeordelaytheabilityofthePartiestosatisfyanyoftheconditionstothetransactionscontemplatedhereby,ineachcasetoadateaftertheOutsideDate;

(vi)changeitsfiscalyearoranymaterialmethodofTaxaccounting,(B)make,changeorrevokeanymaterialTaxelection,(C)takeanyactionorfailtotakeanyactionthatwouldreasonablybeexpectedtocauseanyofAMIDoritsmaterialSubsidiariesthatistreatedasapartnershipforU.S.federalincomeTaxpurposestobetreatedasacorporationforsuchpurposes,or(D)engageinanyactivityorconductitsbusinessinamannerthatwouldcauselessthan90%ofthegrossincomeofAMIDforanycalendarquartersinceitsformationtobetreatedas“qualifyingincome”withinthemeaningofSection7704(d)oftheCode;or

(vii)agree,inwritingorotherwise,totakeanyoftheforegoingactions.

Section5.3NoSolicitation.

(a)SXEandSXEGPshall,andSXEshallcauseitsSubsidiariesandusereasonablebesteffortstocauseSXE’sanditsSubsidiaries’respectivedirectors,officers,employees,investmentbankers,financialadvisors,attorneys,accountants,agentsandotherrepresentatives(collectively,“Representatives ”)to,immediatelyceaseandcausetobeterminatedanydiscussionsornegotiationswithanyPersonconductedheretoforewithrespecttoaSXEAlternativeProposal,requestthereturnordestructionofallconfidentialinformationpreviouslyprovidedtosuchpartiesbyoronbehalfofSXEoritsSubsidiariesandimmediatelyprohibitanyaccessbyanyPerson(otherthanAMIDanditsRepresentatives)toanyphysicalorelectronicdataroomrelatingtoapossibleSXEAlternativeProposal.ExceptaspermittedbythisSection5.3,(x)SXEandSXEGPshallnot,andSXEshallcauseitsSubsidiariesandusereasonablebesteffortstocauseitsRepresentativesnotto,directlyorindirectly(i)solicit,initiate,knowinglyfacilitate,knowinglyencourage(includingbywayoffurnishingconfidentialinformation)orknowinglyinduceortakeanyotheractionintendedtoleadtoanyinquiriesoranyproposalsthatconstitutethesubmissionofaSXEAlternativeProposal,(ii)grantapprovaltoanyPersonunderclause(iii)oftheprovisioninthedefinitionof“Outstanding ”intheSXEPartnershipAgreement,(iii)enterintoanyconfidentialityagreement,mergeragreement,letterofintent,agreementinprinciple,unitpurchaseagreement,assetpurchaseagreementorunitexchangeagreement,optionagreementorothersimilaragreementrelatingtoaSXEAlternative

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Proposalor(iv)withdraw,modifyorqualify,orproposepubliclytowithdraw,modifyorqualify,inamanneradversetoAMID,theSXEBoardRecommendationorpubliclyrecommendtheapprovaloradoptionof,orpubliclyapproveoradopt,orproposetopubliclyrecommend,approveoradopt,anySXEAlternativeProposaland(y)withintenbusinessdaysofreceiptofawrittenrequestofAMIDfollowingthereceiptbySXEofanySXEAlternativeProposal,SXEshallpubliclyreconfirmtheSXEBoardRecommendation;providedthatAMIDshallnotbepermittedtomakesuchrequestonmorethanoneoccasioninrespectofeachSXEAlternativeProposalandeachmaterialmodificationtoaSXEAlternativeProposal,ifany(thetakingofanyactiondescribedinclause(x)(iv)orthefailuretotaketheactiondescribedinclause(y)beingreferredtoasan“SXE Adverse Recommendation Change ”).Withoutlimitingtheforegoing,itisunderstoodthatanyviolationoftheforegoingrestrictionsbySXE’sSubsidiariesorRepresentativesshallbedeemedtobeabreachofthisSection5.3bySXEunlesssuchviolationiscommittedwithouttheKnowledgeofSXEandSXEusesitsreasonablebesteffortstopromptlycuresuchviolationonceSXEismadeawareofsuchviolation.

(b)InadditiontotheotherobligationsofSXEsetforthinthisSection5.3,SXEshallpromptlyadviseAMID,orallyandinwriting,andinnoeventlaterthan48hoursafterreceipt,ifanyproposal,offer,inquiryorothercontactisreceivedby,anyinformationisrequestedfrom,oranydiscussionsornegotiationsaresoughttobeinitiatedorcontinuedwith,SXEinrespectofanySXEAlternativeProposal,andshall,inanysuchnoticetoAMID,indicatetheidentityofthePersonmakingsuchproposal,offer,inquiryorothercontactandthematerialtermsandconditionsofanyproposalsoroffersorthenatureofanyinquiriesorcontacts(andshallincludewithsuchnoticecopiesofanywrittenmaterialsreceivedfromoronbehalfofsuchPersonrelatingtosuchproposal,offer,inquiryorrequest),andthereaftershallpromptlykeepAMIDreasonablyinformedofallmaterialdevelopmentsaffectingthestatusandtermsofanysuchproposals,offers,inquiriesorrequests(andSXEshallpromptlyprovideAMIDwithcopiesofanyadditionalwrittenmaterialsreceivedbySXEorthatSXEhasdeliveredtoanythirdpartymakingaSXEAlternativeProposalthatrelatetosuchproposals,offers,inquiriesorrequests)andofthestatusofanysuchdiscussionsornegotiations.

(c)NotwithstandinganyotherprovisionofthisAgreement,atanytimepriortoobtainingtheSXEUnitholderApproval,theSXEGPBoard(upontherecommendationoftheSXEConflictsCommittee)mayeffectaSXEAdverseRecommendationChangeinresponsetoaSXEDesignatedProposaloraSXEChangedCircumstanceiftheSXEGPBoard,afterconsultationwithSXEGP’sfinancialadvisorandoutsidelegalcounsel,determinesingoodfaiththatthefailuretotakesuchactionwouldnotbeinthebestinterestofSXEandwouldbeinconsistentwithitsdutiesundertheSXEPartnershipAgreementandapplicableLawand:

(i)iftheSXEGPBoardintendstoeffectsuchSXEAdverseRecommendationChangeinresponsetoaSXEDesignatedProposal:

(A)suchSXEAlternativeProposalisbonafide,inwritingandhasnotbeenwithdrawnorabandoned;

(B)theSXEGPBoardhasdetermined,afterconsultationwithSXEGP’soutsidelegalcounselandfinancialadvisors,thatsuchSXEAlternativeProposalconstitutesaSXEDesignatedProposal;

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(C)SXEhasprovidedpriorwrittennoticetoAMIDinaccordancewithSection8.9(the“SXE Designated Proposal Notice ”)oftheSXEGPBoard’sintentiontoeffectaSXEAdverseRecommendationChange,andsuchSXEDesignatedProposalNoticehasspecifiedtheidentityofthePersonmakingsuchSXEAlternativeProposal,thematerialtermsandconditionsofsuchSXEAlternativeProposal,andcompletecopiesofanywrittenproposaloroffers(includingproposedagreements)receivedbySXEinconnectionwithsuchSXEAlternativeProposal;

(D)duringtheperiodthatcommencesonthedateofdeliveryoftheSXEDesignatedProposalNoticeasdeterminedinaccordancewithSection8.9andendsat11:59p.m.Centraltimeonthedatethatisthefifthcalendardayfollowingthedateofsuchdelivery(the“SXEDesignated Proposal Notice Period ”),SXEshall(1)negotiatewithAMIDingoodfaithtomakesuchadjustmentstothetermsandconditionsofthisAgreementaswouldpermittheSXEGPBoardnottoeffectaSXEAdverseRecommendationChange;and(2)keepAMIDreasonablyinformedwithrespecttothestatusandchangesinthematerialtermsandconditionsofsuchSXEAlternativeProposalorotherchangeincircumstancesrelatedthereto;provided,however,thatanymaterialrevisionstosuchSXEAlternativeProposal(itbeingagreedthatanychangeintheform,amountortimingofpaymentofconsiderationinsuchSXEAlternativeProposalshallbedeemedamaterialrevision)shallrequiredeliveryofasubsequentSXEDesignatedProposalNoticeandasubsequentSXEDesignatedProposalNoticePeriodinrespectofsuchrevisedSXEAlternativeProposal,exceptthatsuchsubsequentSXEDesignatedProposalNoticePeriodshallexpireuponthelaterof(x)theendoftheinitialSXEDesignatedProposalNoticePeriodand(y)11:59p.m.CentraltimeonthedatethatisthethirdcalendardayfollowingthedateofthedeliveryofsuchsubsequentSXEDesignatedProposalNotice;and

(E)theSXEGPBoardshallhaveconsideredallrevisionstothetermsofthisAgreementofferedinwritingbyAMIDand,attheendoftheSXEDesignatedProposalNoticePeriod,shallhavedeterminedingoodfaith,afterconsultationwithSXEGP’sfinancialadvisorandoutsidelegalcounsel,that(i)suchSXEAlternativeProposalcontinuestoconstituteaSXEDesignatedProposalevenifsuchrevisionsweretobegiveneffectand(ii)failuretoeffectaSXEAdverseRecommendationChangewouldnotbeinthebestinterestofSXEandwouldbeinconsistentwithitsdutiesundertheSXEPartnershipAgreementandapplicableLawevenifsuchrevisionsweretobegiveneffect;or

(ii)iftheSXEGPBoardintendstoeffectsuchSXEAdverseRecommendationChangeinresponsetoaSXEChangedCircumstance:

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(A)SXEhasprovidedpriorwrittennoticetoAMIDinaccordancewithSection8.9(the“SXE Recommendation Change Notice ”)oftheSXEGPBoard’sintentiontoeffectaSXEAdverseRecommendationChange,andsuchSXERecommendationChangeNoticehasspecifiedthedetailsofsuchSXEChangedCircumstanceandthereasonsfortheSXEAdverseRecommendationChange;

(B)duringtheperiodthatcommencesonthedateofdeliveryoftheSXERecommendationChangeNoticeasdeterminedinaccordancewithSection8.9andendsat11:59p.m.Centraltimeonthedatethatisthefifthcalendardayfollowingthedateofsuchdelivery(the“SXERecommendation Change Notice Period ”),SXEshall(i)negotiatewithAMIDingoodfaithtomakesuchadjustmentstothetermsandconditionsofthisAgreementaswouldpermittheSXEGPBoardnottoeffectaSXEAdverseRecommendationChange;and(ii)keepAMIDreasonablyinformedofanychangeincircumstancesrelatedthereto;and

(C)theSXEGPBoardshallhaveconsideredallrevisionstothetermsofthisAgreementofferedinwritingbyAMIDand,attheendoftheSXERecommendationChangeNoticePeriod,shallhavedeterminedingoodfaith,afterconsultationwithSXEGP’sfinancialadvisorandoutsidelegalcounsel,thatthefailuretoeffectaSXEAdverseRecommendationChangewouldnotbeinthebestinterestofSXEandwouldbeinconsistentwithitsdutiesundertheSXEPartnershipAgreementandapplicableLawevenifsuchrevisionsweretobegiveneffect.

(d)NothingcontainedinthisAgreementshallpreventSXEortheSXEGPBoardfromissuinga“stop,lookandlisten”communicationpursuanttoRule14d-9(f)undertheExchangeActorcomplyingwithRule14d-9andRule14e-2undertheExchangeActwithrespecttoaSXEAlternativeProposaliftheSXEGPBoarddeterminesingoodfaith(afterconsultationwithoutsidelegalcounsel)thatitsfailuretodosowouldbereasonablylikelytoconstituteaviolationofapplicableLaw;providedthatanySXEAdverseRecommendationChangemayonlybemadeinaccordancewithSection5.3(d).Fortheavoidanceofdoubt,apublicstatementthatdescribesSXE’sreceiptofaSXEAlternativeProposalandtheoperationofthisAgreementwithrespecttheretoshallnotbedeemedtobeaviolationofthisSection5.3oraSXEAdverseRecommendationChange.

Section5.4ReasonableBestEfforts.

(a)SubjecttothetermsandconditionsofthisAgreement(includingSection5.4(d)),eachoftheAMIDEntities,ontheonehand,andtheSXEEntities,ontheotherhand,shallcooperatewiththeotheranduse(andshallcausetheirrespectiveSubsidiariestouse)itsreasonablebesteffortsto(i)take,orcausetobetaken,allactions,anddo,orcausetobedone,andtoassistandcooperatewiththeotherindoing,allthings,necessary,properoradvisableunderapplicableLawtocausetheconditionstotheClosingtobesatisfiedaspromptlyaspracticable(andinanyeventnolaterthantheOutsideDate)andtoconsummateandmake

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effective,inthemostexpeditiousmannerpracticable,thetransactionscontemplatedhereby,includingpreparingandfilingpromptlyandfullywithanyGovernmentalAuthorityalldocumentationtoeffectallnecessaryfilings,notifications,notices,petitions,statements,registrations,submissionsofinformation,applicationsandotherdocuments(includinganyrequiredorrecommendedfilingsunderapplicableAntitrustLaws),(ii)obtainpromptly(andinanyeventnolaterthantheOutsideDate)andmaintainallapprovals,consents,clearances,expirationsorterminationsofwaitingperiods,registrations,permits,authorizationsandotherconfirmationsfromanyGovernmentalAuthorityorthirdpartynecessary,properoradvisabletoconsummatethetransactionscontemplatedhereby,(iii)defendanylawsuitsorotherlegalproceedings,whetherjudicialoradministrative,challengingthisAgreementortheconsummationofthetransactionscontemplatedherebyorseektohavevacated,lifted,reversedorrescindedanyinjunctionorrestrainingorderorotherorderthatprohibits,prevents,restrictsorotherwiseadverselyaffectstheabilityofthePartiestoconsummatethetransactionscontemplatedherebyand(iv)obtainallnecessaryconsents,approvalsorwaiversfromthirdparties.

(b)Infurtheranceandnotinlimitationoftheforegoing,(i)eachPartyhereto(includingbytheirrespectiveSubsidiaries)agreestomakeanappropriatefiling(ifrequired)ofaNotificationandReportFormpursuanttotheHSRActwithrespecttothetransactionscontemplatedherebyaspromptlyaspracticableandinanyeventwithin10businessdaysafterthedateofthisAgreement(unlessalaterdateismutuallyagreedtobythePartieshereto)andtosupplyaspromptlyaspracticableanyadditionalinformationanddocumentarymaterialthatmayberequestedbyanyGovernmentalAuthoritypursuanttotheHSRActoranyotherAntitrustLawanduseitsreasonablebesteffortstotake,orcausetobetaken(includingbytheirrespectiveSubsidiaries),allotheractionsconsistentwiththisSection5.4necessarytocausetheexpirationorterminationofanyapplicablewaitingperiodsundertheHSRActassoonaspracticable(andinanyeventnolaterthantheOutsideDate);and(ii)SXEandAMIDshalleachuseitsreasonablebesteffortsto(x)takeallactionnecessarytoensurethatnostatetakeoverstatuteorsimilarLawisorbecomesapplicabletoanyofthetransactionscontemplatedherebyand(y)ifanystatetakeoverstatuteorsimilarLawbecomesapplicabletoanyofthetransactionscontemplatedhereby,takeallactionnecessarytoensurethatsuchtransactionmaybeconsummatedaspromptlyaspracticableonthetermscontemplatedbythisAgreementandotherwiseminimizetheeffectofsuchLawonthetransaction.

(c)EachofthePartiesheretoshalluse(andshallcausetheirrespectiveSubsidiariestouse)itsreasonablebesteffortsto(i)cooperateinallrespectswitheachotherinconnectionwithanyfilingorsubmissionwithaGovernmentalAuthorityinconnectionwiththetransactionscontemplatedhereby,includingbyprovidingtheotherPartiesdocuments,informationandareasonableopportunitytoreviewandcommentthereoninadvance,andinconnectionwithanyinvestigationorotherinquirybyorbeforeaGovernmentalAuthorityrelatingtothetransactionscontemplatedhereby,includinganyproceedinginitiatedbyaprivatePerson,(ii)promptlyinformtheotherPartyof(andsupplytotheotherParty)anycommunicationreceivedbysuchPartyfrom,orgivenbysuchPartyto,theFederalTradeCommission,theAntitrustDivisionoftheDepartmentofJustice,oranyotherGovernmentalAuthorityandofanymaterialcommunicationreceivedorgiveninconnectionwithanyproceedingbyaprivatePerson,ineachcaseregardinganyofthetransactionscontemplatedhereby,(iii)consultwiththeotherPartypriortotakinganymaterialpositionwithrespecttothe

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filingsundertheHSRActoranyotherAntitrustLaw,orindiscussionswithorfilingstobesubmittedtoanyGovernmentalAuthorityorpriortoenteringintoanyagreementwithanyGovernmentalAuthority,(iv)permittheotherPartytoreviewanddiscussinadvance,andconsideringoodfaiththeviewsoftheotherPartyinconnectionwith,anyanalyses,presentations,memoranda,briefs,arguments,opinionsandproposalstobesubmittedtoanyGovernmentalAuthoritywithrespecttofilingsundertheHSRActoranyotherAntitrustLaw,(v)coordinatewiththeotherPartyinpreparingandexchangingsuchinformationandpromptlyprovidetheotherParty(anditscounsel)withcopiesofallfilings,presentationsorsubmissions(andasummaryofanyoralpresentations)madebysuchPartywithanyGovernmentalAuthorityrelatingtothetransactionscontemplatedherebyundertheHSRActoranyotherAntitrustLawand(iv)consultwiththeotherPartyinadvanceofanymeetingorteleconferencewithanyGovernmentalAuthorityor,inconnectionwithanyproceedingbyaprivatePerson,withanyotherPerson,and,totheextentnotprohibitedbytheGovernmentalAuthorityorotherPerson,givetheotherPartytheopportunitytoattendandparticipateinsuchmeetingsandteleconferences.AMIDshallhavetheprincipalresponsibilityfordevisingandimplementingthestrategyforobtaininganyclearancesrequiredunderanyAntitrustLawinconnectionwiththetransactionscontemplatedherebyandshalltaketheleadinallmeetingsandcommunicationswithanyGovernmentalAuthorityinconnectionwithobtainingsuchclearances,provided,however,thatAMIDshallconsultinadvancewithSXEandingoodfaithtakeSXE’sviewsintoaccountregardingtheoverallstrategy.SubjecttoSection5.6(b),thePartiesshalltakereasonableeffortstoshareinformationprotectedfromdisclosureundertheattorney-clientprivilege,workproductdoctrine,jointdefenseprivilegeoranyotherprivilegepursuanttothisSection5.4inamannersoastopreservetheapplicableprivilege.

(d)AMIDandSXE(includingbycausingtheirrespectiveSubsidiaries)agreetousetheirreasonablebesteffortsto(x)resolveanyobjectionsthataGovernmentalAuthorityorotherPersonmayassertunderanyAntitrustLawwithrespecttothetransactionscontemplatedhereby,and(y)avoidoreliminateeachandeveryimpedimentunderanyAntitrustLawthatmaybeassertedbyanyGovernmentalAuthoritywithrespecttothetransactionscontemplatedhereby,ineachcase,soastoenabletheClosingtooccuraspromptlyaspracticableandinanyeventnolaterthantheOutsideDate.Notwithstandingtheforegoing,thisclause(d)shallnotimposeanyrequirementonAMIDorSXEto(i)todispose,transfer,orseparateanyassetsoroperations,(ii)limitAMID’sfreedomofactionwithrespectto,oritsabilitytoconsolidateandcontrol,SXEoranyoftheirassetsorbusinessesoranyofAMID’soritsAffiliates’otherassetsorbusinessesor(iii)limitAMID’sabilitytoacquireorhold,orexercisefullrightsofownershipwithrespectto,SXE.

Section5.5PublicAnnouncements.TheinitialpressreleasewithrespecttotheexecutionofthisAgreementshallbeajointpressreleasetobereasonablyagreeduponbyAMIDandSXE.Thereafter,neitherSXEnorAMIDshallissueorcausethepublicationofanypressreleaseorotherpublicannouncement(totheextentnotpreviouslyissuedormadeinaccordancewiththisAgreement)withrespecttothisAgreementorthetransactionscontemplatedherebywithoutthepriorconsentoftheotherParty(whichconsentshallnotbeunreasonablywithheldordelayed),exceptasmayberequiredbyLaworbyanyapplicablelistingagreementwiththeNYSEorothernationalsecuritiesexchangeasdeterminedinthegoodfaithjudgmentofthePartyproposingtomakesuchrelease(inwhichcasesuchPartyshallnotissueorcausethepublicationofsuchpressreleaseorotherpublicannouncementwithoutpriorconsultationwith

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theotherParty);provided,however,that(a)SXEshallnotberequiredbythisSection5.5toconsultwithanyotherPartywithrespecttoapublicannouncementinconnectionwithaSXEAdverseRecommendationChangebutnothinginthisclause(a)shalllimitanyobligationofSXEunderSection5.1orSection5.3;provided,further,thateachPartyandtheirrespectivecontrolledaffiliatesmaymakestatementsthatareconsistentwithstatementsmadeinpreviouspressreleases,publicdisclosuresorpublicstatementsmadebyAMIDorSXEincompliancewiththisSection5.5.

Section5.6AccesstoInformation;Confidentiality.

(a)UponreasonablenoticeandsubjecttoapplicableLawsrelatingtotheexchangeofinformation,eachPartyshall,andshallcauseeachofitsSubsidiariestoaffordtotheotherPartyanditsRepresentativesreasonableaccessduringnormalbusinesshours(and,withrespecttobooksandrecords,therighttocopy)toallofitsanditsSubsidiaries’properties,commitments,books,Contracts,recordsandcorrespondence(ineachcase,whetherinphysicalorelectronicform),officers,employees,accountants,counsel,financialadvisorsandotherRepresentatives.EachPartyshallfurnishpromptlytotheotherParty(i)acopyofeachreport,scheduleandotherdocumentfiledorsubmittedbyitpursuanttotherequirementsoffederalorstatesecuritiesLawsandacopyofanycommunication(including“commentletters”)receivedbysuchPartyfromtheSECconcerningcompliancewithsecuritiesLawsand(ii)allotherinformationconcerningitsanditsSubsidiaries’business,propertiesandpersonnelastheotherPartymayreasonablyrequest(includinginformationnecessarytopreparetheProxyStatement).NoParties’accesshereundershallincludethecollectionoranalysisofsamples,oranyinvasiveorsubsurfaceinvestigationofpropertywithouttheotherParties’priorwrittenconsent,whichconsentmaybewithheldorconditionedintheotherParties’solediscretion.ExceptfordisclosurespermittedbythetermsoftheConfidentialityAgreement,datedasofMarch9,2017,betweenAMIDandSouthcrossHoldings(asitmaybeamendedfromtimetotime,the“AMIDConfidentiality Agreement ”),eachPartyanditsRepresentativesshallholdinformationreceivedfromtheotherPartypursuanttothisSection5.6inconfidenceinaccordancewiththetermsoftheAMIDConfidentialityAgreement.

(b)ThisSection5.6shallnotrequireeitherPartytopermitanyaccess,ortodiscloseanyinformation,thatinthereasonable,goodfaithjudgment(afterconsultationwithcounsel,whichmaybein-housecounsel)ofsuchPartywouldreasonablybeexpectedtoresultin(A)anyviolationofanycontractorLawtowhichsuchPartyoritsSubsidiariesisaPartyorissubjectorcauseanyprivilege(includingattorney-clientprivilege)thatsuchPartyoranyofitsSubsidiarieswouldbeentitledtoasserttobeunderminedwithrespecttosuchinformationandsuchunderminingofsuchprivilegecouldinsuchParty’sgoodfaithjudgment(afterconsultationwithcounsel,whichmaybein-housecounsel)adverselyaffectinanymaterialrespectsuchParty’spositioninanypendingor,whatsuchPartybelievesingoodfaith(afterconsultationwithcounsel,whichmaybein-housecounsel)couldbe,futurelitigationor(B)ifsuchPartyoranyofitsSubsidiaries,ontheonehand,andtheotherPartyoranyofitsSubsidiaries,ontheotherhand,areadversePartiesinalitigation,suchinformationbeingreasonablypertinentthereto;providedthat,inthecaseofclause(A),thePartiesheretoshallcooperateinseekingtofindawaytoallowdisclosureofsuchinformation(includingbyenteringintoajoint-defenseorsimilaragreement)totheextentdoingso(1)wouldnot(inthegoodfaithbeliefofthePartybeingrequestedtodisclosetheinformation(afterconsultationwithcounsel,whichmaybein-housecounsel))

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reasonablybelikelytoresultintheviolationofanysuchcontractorLaworreasonablybelikelytocausesuchprivilegetobeunderminedwithrespecttosuchinformationor(2)couldreasonably(inthegoodfaithbeliefofthePartybeingrequestedtodisclosetheinformation(afterconsultationwithcounsel,whichmaybein-housecounsel))bemanagedthroughtheuseofcustomary“clean-room”arrangementspursuanttowhichappropriatelydesignatedRepresentativesoftheotherPartyshallbeprovidedaccesstosuchinformation;provided,further,thatthePartybeingrequestedtodisclosetheinformationshall(x)notifytheotherPartythatsuchdisclosuresarereasonablylikelytoviolateitsoritsSubsidiaries’obligationsunderanysuchcontractorLaworarereasonablylikelytocausesuchprivilegetobeundermined,(y)communicatetotheotherPartyinreasonabledetailthefactsgivingrisetosuchnotificationandthesubjectmatterofsuchinformation(totheextentitisabletodosoinaccordancewiththefirstprovisointhisSection5.6(b))and(z)inthecasewheresuchdisclosuresarereasonablylikelytoviolateitsoritsSubsidiaries’obligationsunderanycontract,usereasonablecommercialeffortstoseekconsentfromtheapplicablethirdPartytoanysuchcontractwithrespecttothedisclosuresprohibitedthereby(totheextentnototherwiseexpresslyprohibitedbythetermsofsuchcontract).

(c)Noinvestigation,orinformationreceived,pursuanttothisSection5.6willmodifyanyoftherepresentationsandwarrantiesofthePartieshereto.

(d)IftheSXEEntitiesontheonehandortheAMIDEntitiesontheotherhandexerciserightsofaccessunderthisSection5.6orotherwise(the“Inspecting Parties ”),orconductexaminationsorinspectionsunderthisSection5.6orotherwise,then(i)suchaccess,examinationandinspectionwillbeattheInspectingParties’solerisk,costandexpenseandsuchInspectingPartieswaiveandrelease,onbehalfofthemselvesandeachPersonundertakinganysuchexaminationorinspectionontheirbehalf,alldamages,losses,liabilities,fines,penaltiesandexpenses(includingreasonableattorneys’fees)andotherclaimsagainsttheotherPartiesandtheirpartnersandmembersandtheirAffiliatesandtherespectiveemployees,directors,officers,attorneys,contractors,RepresentativesandagentsofsuchPersons(collectivelythe“Inspection Indemnitees ”)arisinginanywaytherefromorinanywayrelatedtheretoand(ii)excepttotheextentofanInspectionIndemnitee’sgrossnegligenceorwillfulmisconduct,theInspectingPartieswillindemnify,defendandholdharmlesstheInspectionIndemniteesfromandagainstanyandalldamages,losses,liabilities,fines,penaltiesandexpenses(includingreasonableattorneys’fees)andotherclaimsofanykindorcharacterarisingoutofthegrantingofanysuchaccessortheundertakingofanysuchexaminationorinspection.THE FOREGOING RELEASE ANDINDEMNIFICATION WILL APPLY WHETHER OR NOT SUCH DAMAGES, LOSSES, LIABILITIES, FINES, PENALTIES AND EXPENSES(INCLUDING REASONABLE ATTORNEYS’ FEES) OR OTHER CLAIMS ARISE OUT OF (A) NEGLIGENCE (INCLUDING SOLENEGLIGENCE, SIMPLE NEGLIGENCE, CONCURRENT NEGLIGENCE, ACTIVE OR PASSIVE NEGLIGENCE, BUT EXCLUDING GROSSNEGLIGENCE OR WILLFUL MISCONDUCT) OF THE INSPECTION INDEMNITEES OR (B) STRICT LIABILITY. NotwithstandinganyprovisiontothecontrarycontainedinthisAgreement,theprovisionsofthisSection5.6willsurvivetheterminationofthisAgreementpursuanttoArticleVIIandtheClosing.

Section5.7NotificationofCertainMatters.SXEshallgivepromptnoticetoAMID,andAMIDshallgivepromptnoticetoSXE,of(i)anynoticeorothercommunicationreceived

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bysuchPartyfromanyGovernmentalAuthorityinconnectionwiththetransactionscontemplatedherebyorfromanyPersonallegingthattheconsentofsuchPersonisormayberequiredinconnectionwiththetransactionscontemplatedhereby,ifthesubjectmatterofsuchcommunicationorthefailureofsuchPartytoobtainsuchconsentisreasonablylikelytobematerialtoSXEorAMID,(ii)anyactions,suits,claims,investigationsorproceedingscommencedor,tosuchParty’sKnowledge,threatenedagainst,relatingtoorinvolvingorotherwiseaffectingsuchPartyoranyofitsSubsidiariesandthatrelatetothetransactionscontemplatedhereby,(iii)thediscoveryofanyfactorcircumstancethat,ortheoccurrenceornon-occurrenceofanyeventtheoccurrenceornon-occurrenceofwhich,wouldresultinthefailuretobesatisfiedofanyoftheconditionstotheClosinginArticleVIand(iv)anymaterialfailureofsuchPartytocomplywithorsatisfyanycovenantoragreementtobecompliedwithorsatisfiedbyitherebywhichwouldresultinthefailuretobesatisfiedofanyoftheconditionstotheClosinginArticleVI;providedthat,inthecaseofclauses(iii)and(iv),thefailuretocomplywiththisSection5.7shallnotresultinthefailuretobesatisfiedofanyoftheconditionstotheClosinginArticleVI,orgiverisetoanyrighttoterminatethisAgreementunderArticleVII,iftheunderlyingfact,circumstance,eventorfailurewouldnotinandofitselfgiverisetosuchfailureorright.

Section5.8IndemnificationandInsurance.

(a)ForpurposesofthisSection5.8,(i)“Indemnified Person ”shallmeananypersonwhoisnow,orhasbeenorbecomesatanytimepriortotheEffectiveTime,anofficerordirectorofSXE,SXEGPoranyoftheirrespectiveSubsidiariesandalsowithrespecttoanysuchPerson,intheircapacityasadirector,officer,manager,employee,member,trusteeorfiduciaryofanothercorporation,company,foundation,partnership,jointventure,trust,pensionorotheremployeebenefitplanorenterprise(whetherornotsuchotherentityorenterpriseisaffiliatedwithSXE)servingattherequestoforonbehalfofSXE,SXEGPoranyoftheirrespectiveSubsidiariesandtogetherwithsuchPerson’sheirs,executorsoradministratorsand(ii)“Proceeding ”shallmeananyactualorthreatenedclaim,action,suit,proceedingorinvestigation,whethercivil,criminal,administrative,investigativeorotherwiseandwhetherornotsuchclaim,action,suit,proceedingorinvestigationresultsinaformalcivilorcriminallitigationorregulatoryaction.

(b)FromandaftertheEffectiveTime,tothefullestextentthatSXE,SXEGPoranyapplicableSubsidiarythereofwouldbepermittedtoindemnifyanIndemnifiedPerson,AMID,AMIDGPandtheSurvivingEntity,jointlyandseverally,agreetohonortheprovisionsregardingeliminationofliabilityofdirectors,indemnificationofofficers,directorsandemployeesandadvancementofexpensescontainedintheSXECharterDocumentsandcomparablegoverninginstrumentsofSXEGPandanySubsidiaryofSXEorSXEGPasofthedatehereofandensurethattheorganizationaldocumentsoftheSurvivingEntityandAMIDGPshall,foraperiodofsixyearsfollowingtheEffectiveTime,containprovisionsnolessfavorablewithrespecttoindemnification,advancementofexpensesandexculpationofpresentandformerdirectors,officersandagentsofSXE,SXEGPandtheirrespectiveSubsidiariesthanaresetforthintheSXECharterDocumentsandcomparablegoverninginstrumentsofSXEGP(itbeingacknowledgedandagreedthattheprovisionsoftheAMIDCharterDocumentsandcomparablegoverninginstrumentsofSXEGPineffectasofthedatehereofarenolessfavorablewithrespecttoindemnification,advancementofexpensesandexculpationofsuchPersonsthanarein

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theSXECharterDocumentsandcomparablegoverninginstrumentsofSXEGPasofthedatehereof).AnyrightofindemnificationofanIndemnifiedPersonpursuanttothisSection5.8(b)shallnotbeamended,repealedorotherwisemodifiedatanytimeinamannerthatwouldadverselyaffecttherightsofsuchIndemnifiedPersonasprovidedherein.

(c)SXE,SXEGPoritscontrollingAffiliateshall,priortotheclosingoftheHoldingsContributionAgreement,purchasea“tailpolicy”withrespecttoactsoromissionsoccurringorallegedtohaveoccurredpriortotheEffectiveTimethatwerecommittedorallegedtohavebeencommittedbysuchIndemnifiedPersonsintheircapacityassuch;providedthatthecostofsuch“tailpolicy”shallbeborneassetforthintheHoldingsContributionAgreementandinnoeventshallthecostofsuchpolicyexceedtheMaximumAmount.The“Maximum Amount ”shallbeanamountperyearequalto300%ofcurrentannualpremiumsallocatedtoSXEorSXEGPandsetforthinSection5.8(c)oftheSXEDisclosureScheduleforthecurrentdirectors’andofficers’liabilityinsurancepoliciescoveringactsoromissionsoccurringatorpriortotheClosingDatewithrespecttotheIndemnifiedPersons.

(d)TherightsofanyIndemnifiedPersonunderthisSection5.8shallbeinadditiontoanyotherrightssuchIndemnifiedPersonmayhaveundertheorganizationaldocumentsofSXE,SXEGP,theSurvivingEntity,AMID,AMIDGP,theDRULPAortheDLLCA.TheprovisionsofthisSection5.8shallsurvivetheconsummationofthetransactionscontemplatedherebyforaperiodofsixyearsandareexpresslyintendedtobenefiteachoftheIndemnifiedPersonsandtheirrespectiveheirsandrepresentatives;provided,however,thatintheeventthatanyclaimorclaimsforindemnificationoradvancementsetforthinthisSection5.8areassertedormadewithinsuchsix-yearperiod,allrightstoindemnificationandadvancementinrespectofanysuchclaimorclaimsshallcontinueuntildispositionofallsuchclaims.IftheSurvivingEntity,AMIDGPoranyoftheirrespectivesuccessorsorassigns(i)consolidateswithormergesintoanyotherPerson,or(ii)transfersorconveysallorsubstantiallyalloftheirbusinessesorassetstoanyotherPerson,then,ineachsuchcase,totheextentnecessary,aproperprovisionshallbemadesothatthesuccessorsandassignsoftheSurvivingEntityorAMIDGP,asthecasemaybe,shallassumetheobligationsoftheSurvivingEntityandAMIDGPsetforthinthisSection5.8.

Section5.9SecurityholderLitigation.SXEshallgiveAMIDtheopportunitytoparticipateinthedefenseorsettlementofanysecurityholderlitigationagainstSXEand/oritsofficersanddirectorsrelatingtothetransactionscontemplatedhereby;providedthatSXEshallinanyeventhaveprincipalresponsibilityforsuchdefense(subjecttoSection5.2(a)(xvi))andshallnotberequiredtoprovideinformationifdoingsowouldbereasonablyexpectedtothreatenthelossofanyattorney-clientprivilegeorotherapplicablelegalprivilege.SXEshallnotenterintoanysettlementagreementinrespectofanysecurityholderlitigationagainsttheSXEand/oritsdirectorsorofficersrelatingtotheMergeroranyoftheothertransactionscontemplatedherebywithoutAMID’spriorwrittenconsent(suchconsentnottobeunreasonablywithheld,conditionedordelayed).

Section5.10FeesandExpenses.Allfeesandexpensesincurredinconnectionwiththetransactionscontemplatedherebyincludingalllegal,accounting,financialadvisory,consultingandallotherfeesandexpensesofthirdpartiesincurredbyaPartyinconnectionwiththenegotiationandeffectuationofthetermsandconditionsofthisAgreementandthetransactions

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contemplatedhereby,shallbetheobligationoftherespectivePartyincurringsuchfeesandexpenses,exceptAMIDandSXEshalleachbearandpayone-halfoftheexpensesincurredinconnectionwithpaymentoffilingfeesundertheHSRActandthefiling,printingandmailingoftheRegistrationStatementandProxyStatement(otherthanthefilingfeepayabletotheSECinconnectionwiththeRegistrationStatement,whichshallbebornesolelybyAMID).

Section5.11Section16Matters.PriortotheEffectiveTime,AMIDandSXEshalltakeallsuchstepsasmayberequired(totheextentpermittedunderApplicableLaw)tocauseanydispositionsofCommonUnits(includingderivativesecuritieswithrespecttoCommonUnits)oracquisitionsofAMIDUnits(includingderivativesecuritieswithrespecttoAMIDUnits)resultingfromthetransactionscontemplatedbythisAgreementbyeachindividualwhoissubjecttothereportingrequirementsofSection16(a)oftheExchangeActwithrespecttoSXE,orwillbecomesubjecttosuchreportingrequirementswithrespecttoAMID,tobeexemptunderRule16b-3promulgatedundertheExchangeAct.

Section5.12Listing.AMIDshallcausetheAMIDUnitstobeissuedpursuanttoandinaccordancewiththisAgreementtobeapprovedforlisting(subject,ifapplicable,tonoticeofissuance)fortradingontheNYSEpriortotheClosing.

Section5.13Distributions.AfterthedateofthisAgreementuntiltheEffectiveTime,eachofAMIDandSXEshallcoordinatewiththeotherregardingthedeclarationofanydistributionsinrespectofAMIDUnitsorCommonUnits,ClassBConvertibleUnits,SubordinatedUnitsandSXELTIPUnitsandtherecorddatesandpaymentdatesrelatingthereto,itbeingtheintentionofthePartiesthatholdersofCommonUnits,ClassBConvertibleUnits,SubordinatedUnitsorSXELTIPUnitsshallnotreceive,foranyquarter,distributionsbothinrespectofCommonUnits,ClassBConvertibleUnits,SubordinatedUnitsorSXELTIPUnitsandalsodistributionsinrespectofAMIDUnitsthattheyreceiveinexchangethereforintheMerger,butthattheyshallreceiveforanysuchquartereither:(i)onlydistributionsinrespectofCommonUnits,ClassBConvertibleUnits,SubordinatedUnitsorSXELTIPUnitsor(ii)onlydistributionsinrespectofAMIDUnitsthattheyreceiveinexchangethereforintheMerger.

Section5.14EmployeeMatters.

(a)AMIDshall(i)forthesix-monthperiodimmediatelyfollowingtheClosingDate,treateachemployeeofSXE,SXEGPoranyoftheirrespectiveSubsidiariesasoftheClosingwhocontinuesemploymentwithAMID,AMIDGPoranyoftheirrespectiveSubsidiariesfollowingtheClosing(a“SXE Employee”),equallytosimilarlysituatedemployeesofAMID,AMIDGPortheirrespectiveSubsidiarieswithrespecttocompensationandemployeebenefits,or,withrespecttocertainSXEEmployees,provideforcontinuedparticipationundercertainSXEBenefitPlans,and(ii)forthe12-monthperiodimmediatelyfollowingtheClosingDate,causeSXE,SXEGPandeachoftheirrespectiveSubsidiariestocomplywiththetermsoftheSouthcrossEnergyPartnersGPLLCEmployeeProtectionPlan.NoprovisionofthisAgreementshallbeconstruedasaguaranteeofcontinuedemploymentofanySXEEmployeeandthisAgreementshallnotbeconstruedsoastoprohibitAMID,AMIDGPoranyoftheirrespectiveSubsidiariesfromhavingtherighttoterminatetheemploymentofanySXEEmployee,providedthatanysuchterminationiseffectedinaccordancewithapplicableLaw.

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(b)TotheextentanySXEEmployeesbecomeeligibletoparticipateinanyAMIDBenefitPlans,AMIDshallusecommerciallyreasonablyeffortsto,anditshallcauseitsAffiliates(includingSXEGPanditsSubsidiaries)tousecommerciallyreasonableeffortsto,causeeachoftheAMIDBenefitPlanstogiveeachSXEEmployeefullcredit(forallpurposes,includingeligibilitytoparticipate,vesting,vacationorPTOentitlementandseverancebenefits)forallservicewithSXE,SXEGPoranyoftheirrespectiveSubsidiariespriortotheClosingDate;provided,however,that(i)suchserviceneednotbecreditedtotheextentitwouldresultinaduplicationofbenefits,and(ii)suchservicecreditshallnotbegivenwithrespecttobenefitaccrualsunderanydefinedbenefitpensionplan.Inaddition,AMIDshallusecommerciallyreasonableeffortsto,anditshallcauseitsAffiliates(includingSXEGPanditsSubsidiaries)tousecommerciallyreasonableeffortsto(x)causetobewaivedanyeligibilitywaitingperiods,anyevidenceofinsurabilityrequirementsandtheapplicationofanypre-existingconditionlimitationsundereachoftheAMIDBenefitPlans,and(y)credittheexpensesofsuchSXEEmployeesthatwerecreditedtowarddeductiblesorout-of-pocketlimitsfortheSXEBenefitPlansfortheplanyearuptotheClosingDateagainstsatisfactionofanydeductiblesorout-of-pocketlimitsfortheAMIDBenefitPlansforperiodsfollowingtheClosingDate.

(c)TheprovisionsofthisSection5.14areforthesolebenefitofthePartiesheretoandnothingherein,expressorimplied,isintendedorshallbeconstruedtoconferuponorgivetoanyperson(includinganySXEEmployee),otherthanthePartiestothisAgreementandtheirrespectivesuccessorsandpermittedassigns,anylegalorequitableorotherrightsorremediesunderorbyreasonofanyprovisionofthisSection5.14.Nothingcontainedherein,expressorimplied:(i)shallbeconstruedtoestablish,amendormodifyanybenefitplan,program,agreementorarrangement(includinganyAMIDBenefitPlanorSXEBenefitPlan);(ii)shallalterorlimitAMIDorAMIDGP’sabilitytoamend,modifyorterminateanybenefitplan,program,agreementorarrangement(includinganyAMIDBenefitPlanorSXEBenefitPlan);or(iii)isintendedtoconferuponanySXEEmployeeanyrighttoemploymentorcontinuedemploymentforanyperiodoftimebyreasonofthisAgreement,oranyrighttoaparticulartermorconditionofemployment.

(d)Within30daysprecedingtheClosing,SXEGPshalltakeallnecessaryactiontoterminateandliquidatetheSXENon-EmployeeDirectorDeferredCompensationPlan(the“DCP ”)pursuanttoTreasuryRegulationsSection1.409A-3(j)(4)(ix)(inaccordancewiththeDCP’sterms,asamendedtopermitalumpsumpayoutintheformofacashpayment).

Section5.15SXECreditFacilities;BackstopLetter.

(a)WithrespecttotheSXECreditFacilities,atleastfivebusinessdayspriortotheClosingDate,SXEshallprovidetoAMID(i)apayoffletter(the“Lender Payoff Letter ”),whichwillprovidethedollaramountofallindebtednessrequiredtobepaidundertheSXECreditFacilitiesinordertofullypayofftheSXECreditFacilitiesasoftheClosingandtoreleaseallLiensandguaranteesthereunderuponsuchpayment,executedbytheapplicableadministrativeagentforthelenders(and,totheextentofanyconsentneededbyanylendersorbyanyotherPersonthatisthebeneficiaryofanyLienssecuringtheSXECreditFacilities,bysuchlendersorothersuchPerson)undertherespectiveSXECreditFacilitiesontermsandconditionsreasonablysatisfactorytoAMIDGP,suchtermstoincludeeither(A)theadministrativeagent’s(onbehalfofthelendersandanyotherPersonthatisthebeneficiaryof

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anyLienssecuringtheSXECreditFacilities)affirmativecovenanttofileallnecessaryUCCandLienterminationswithinfivebusinessdaysfollowingtheClosingDate,or(B)suchadministrativeagent’s(onbehalfofthelendersandanyotherPersonthatisthebeneficiaryofanyLienssecuringtheSXECreditFacilities)expressauthorizationfortheAMIDEntitiestohaveanysuchdocumentsfiledonbehalfoftheadministrativeagent,lendersoranyotherPersonthatisthebeneficiaryofanyLiensecuringtheSXECreditFacilities,and(ii)totheextentsuchagreementshavenototherwisebeenterminatedpriortosuchdate,evidenceoftheconsentofWellsFargoBank,N.A.,asadministrativeagentundertheSXERevolvingCreditAgreement,toterminatetheInvestmentAgreementandtheBackstopLetteruponthereceiptofpaymentallamountssetforthintheLenderPayoffLetterandpursuanttoSection6.3(c)hereof.

(b)IntheeventQualifyingNotes(asdefinedintheInvestmentAgreement)shallhavebeenissuedinaccordancewithSection5.2(a)(ii)pursuanttotheInvestmentAgreement,BackstopLetteroraninvestmentinSXEthatreducestheCommittedAmount(asdefinedintheInvestmentAgreement),atleastfivebusinessdayspriortotheClosingDateSXEshallprovidetoAMIDapayoffletter(the“Qualifying Notes Payoff Letter ”,andtogetherwiththeLenderPayoffLetter,the“Payoff Letters ”),whichwillprovidethedollaramountofindebtednessrequiredtobepaidundertheQualifyingNotesinordertofullypayoffsuchQualifyingNotesasoftheClosing,executedbySouthcrossHoldingsand/ortheSponsors(asdefinedintheBackstopLetter),asapplicable,ontermsandconditionsreasonablysatisfactorytoAMIDGPandtheapplicableSponsors(asdefinedintheBackstopLetter).

Section5.16TaxMatters.ThePartiesshall,totheextentpermissibleunderapplicableLaw,treatthecombinedbusinessesofAMIDandSXEasasingleactivityforpurposesofSection469oftheCode.

ARTICLE VICONDITIONS PRECEDENT

Section6.1ConditionstoEachParty’sObligationtoEffecttheMerger.TherespectiveobligationsofeachPartyheretotoeffecttheMergershallbesubjecttothesatisfaction(orwaiver,ifpermissibleunderapplicableLaw)onorpriortotheClosingDateofthefollowingconditions:

(a)SXEUnitholderApproval.TheSXEUnitholderApprovalshallhavebeenobtainedinaccordancewithapplicableLaw,thecertificateoflimitedpartnershipofSXEandtheSXEPartnershipAgreement;

(b)RegulatoryApproval.AnywaitingperiodapplicabletothetransactionscontemplatedherebyundertheHSRActshallhavebeenterminatedorshallhaveexpired;

(c)NoInjunctionsorRestraints.NoLaw,injunction,judgmentorrulingenacted,promulgated,issued,entered,amendedorenforcedbyanyGovernmentalAuthority(collectively,“Restraints ”)shallbeineffectenjoining,restraining,preventingorprohibitingconsummationofthetransactionscontemplatedherebyormakingtheconsummationofthetransactionscontemplatedherebyillegal;

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(d)RegistrationStatement.TheRegistrationStatementshallhavebecomeeffectiveundertheSecuritiesActandnostopordersuspendingtheeffectivenessoftheRegistrationStatementshallhavebeenissuedandnoproceedingsforthatpurposeshallhavebeeninitiatedorthreatenedbytheSEC;and

(e)UnitListing.TheAMIDUnitsdeliverabletotheSXEUnitholdersascontemplatedbythisAgreementshallhavebeenapprovedforlistingontheNYSE,subjecttoofficialnoticeofissuance.

(f)HoldingsContribution.TheHoldingsContributionshallhaveclosedinaccordancewiththetermsoftheHoldingsContributionAgreement.

(g)TaxOpinions.

(i)AMIDshallhavereceivedanopinionofGibson,Dunn&CrutcherLLPdatedasoftheClosingDate,totheeffectthat,forU.S.federalincometaxpurposes,(A)AMIDshouldnotrecognizeanyincomeorgainasaresultoftheMerger(otherthananygainresultingfromanydecreaseinpartnershipliabilitiespursuanttoSection752oftheCode),(B)nogainorlossshouldberecognizedbyAMIDUnitholdersasaresultoftheMergerwithrespecttoanyAMIDUnitsheldbysuchAMIDUnitholder(otherthananygainresultingfrom(w)anydecreaseinpartnershipliabilitiespursuanttoSection752oftheCode,(x)anyliabilitiesincurredotherthanintheordinarycourseofbusinessofAMIDoritsSubsidiaries,(y)anydispositionordeemeddispositionofnon-prorataMergerConsideration,or(z)relatingtoanAMIDUnitreceivedforpropertyorservicesotherthancash),and(C)AMIDisclassifiedasapartnershipforU.S.federalincometaxpurposes.Inrenderingsuchopinion,Gibson,Dunn&CrutcherLLPshallbeentitledtoreceiveandrelyuponrepresentations,warrantiesandcovenantsofofficersoftheAMIDEntitiesandSXEandanyoftheirrespectiveAffiliatesastosuchmattersasGibson,Dunn&CrutcherLLPmayreasonablyrequest.

(ii)SXEshallhavereceivedanopinionofLockeLordLLPdatedasoftheClosingDate,totheeffectthat,forU.S.federalincometaxpurposes,excepttotheextentthattheSection707ConsiderationcausestheMergertobetreatedasadisguisedsale,andexcepttotheextentamountsaredeductedandwithheldbyAMIDortheExchangeAgentpursuanttoSection2.2(j)(A)nogainorlossshouldberecognizedbySXEUnitholdersholdingCommonUnits,SubordinatedUnitsorClassBConvertibleUnits(otherthanCommonUnits,SubordinatedUnits,ClassBConvertibleUnitsorotherequityinterestsinSXEheldbySouthcrossHoldingsoranAffiliate,SubsidiaryorpartnerthereoforAMIDoranyofitsAffiliates)asaresultoftheMergerwithrespecttoanyCommonUnits,SubordinatedUnitsorClassBConvertibleUnitsheldbysuchSXEUnitholder(otherthananygainresultingfrom(x)anyactualorconstructivedistributionofcash,includingasaresultofanydecreaseinpartnershipliabilitiespursuanttoSection752oftheCode,(y)thereceiptofanyMergerConsiderationthatisnotproratawiththeotherholdersofthesameclassofunits(otherthanunitsheldbySouthcrossHoldingsoranAffiliate,SubsidiaryorpartnerthereoforAMIDoranyofitsAffiliates)or(z)anyliabilitiesincurredotherthanintheordinarycourseofbusinessofSXEoritsSubsidiaries);providedthatsuchopinionshallnotextendtoanySXEUnitholderwho

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acquiredCommonUnits,SubordinatedUnitsorClassBConvertibleUnitsfromSXEinexchangeforpropertyorservicesotherthancash,and(B)SXEisclassifiedasapartnershipforU.S.federalincometaxpurposes.Inrenderingsuchopinion,LockeLordLLPshallbeentitledtoreceiveandrelyuponrepresentations,warrantiesandcovenantsofofficersoftheAMIDEntitiesandSXEandanyoftheirrespectiveAffiliatesastosuchmattersasLockeLordLLPmayreasonablyrequest.

Section6.2ConditionstoObligationsofAMIDtoEffecttheMerger.TheobligationsofAMIDtoeffecttheMergerarefurthersubjecttothesatisfaction(orwaiver,ifpermissibleunderapplicableLaw)onorpriortotheClosingDateofthefollowingconditions:

(a)RepresentationsandWarranties.(i)TherepresentationsandwarrantiesofSXEcontainedinSection3.3(a),Section3.3(c)andSection3.6(a),shallbetrueandcorrectinallrespects,ineachcasebothwhenmadeandatandasoftheClosingDate,asifmadeatandasofsuchtime(excepttotheextentexpresslymadeasofanearlierdate,inwhichcaseasofsuchdate);(ii)therepresentationsandwarrantiesofSXEcontainedinSection3.2(a)shallbetrueandcorrectinallrespects,otherthanimmaterialmisstatementsoromissions,bothwhenmadeandatandasoftheClosingDate,asifmadeatandasofsuchtime(excepttotheextentexpresslymadeasofanearlierdate,inwhichcaseasofsuchdate);and(iii)allotherrepresentationsandwarrantiesofSXEsetforthhereinshallbetrueandcorrectbothwhenmadeandatandasoftheClosingDate,asifmadeatandasofsuchtime(excepttotheextentexpresslymadeasofanearlierdate,inwhichcaseasofsuchdate),except,inthecaseofthisclause(iii),wherethefailureofsuchrepresentationsandwarrantiestobesotrueandcorrect(withoutgivingeffecttoanylimitationasto“materiality”or“SXEMaterialAdverseEffect”setforthinanyindividualsuchrepresentationorwarranty)doesnothave,andwouldnotreasonablybeexpectedtohave,individuallyorintheaggregate,aSXEMaterialAdverseEffect.AMIDshallhavereceivedacertificatesignedonbehalfofSXEbyanexecutiveofficerofSXEtosucheffect.

(b)PerformanceofObligationsoftheSXEEntities.TheSXEEntitiesshallhaveperformedinallmaterialrespectsallobligationsrequiredtobeperformedbyitunderthisAgreementatorpriortotheClosingDate,andAMIDshallhavereceivedacertificatesignedonbehalfofSXEbyanexecutiveofficerofSXEtosucheffect.

Section6.3ConditionstoObligationofSXEtoEffecttheMerger.TheobligationofSXEtoeffecttheMergerisfurthersubjecttothesatisfaction(orwaiver,ifpermissibleunderapplicableLaw)onorpriortotheClosingDateofthefollowingconditions:

(a)RepresentationsandWarranties.TherepresentationsandwarrantiesofAMIDcontainedinSection4.3(a),Section4.3(c)andSection4.6(a)shallbetrueandcorrectinallrespects,ineachcasebothwhenmadeandatandasoftheClosingDate,asifmadeatandasofsuchtime(excepttotheextentexpresslymadeasofanearlierdate,inwhichcaseasofsuchdate);(ii)therepresentationsandwarrantiesofAMIDcontainedinSection4.2(a)shallbetrueandcorrectinallrespects,otherthanimmaterialmisstatementsoromissions,bothwhenmadeandatandasoftheClosingDate,asifmadeatandasofsuchtime(excepttotheextentexpresslymadeasofanearlierdate,inwhichcaseasofsuchdate);and(iii)allotherrepresentationsandwarrantiesofAMIDsetforthhereinshallbetrueandcorrectbothwhenmadeandatandasoftheClosingDate,asifmadeatandasofsuchtime(excepttotheextent

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expresslymadeasofanearlierdate,inwhichcaseasofsuchdate),except,inthecaseofthisclause(iii),wherethefailureofsuchrepresentationsandwarrantiestobesotrueandcorrect(withoutgivingeffecttoanylimitationasto“materiality”or“AMIDMaterialAdverseEffect”setforthinanyindividualsuchrepresentationorwarranty)doesnothave,andwouldnotreasonablybeexpectedtohave,individuallyorintheaggregate,anAMIDMaterialAdverseEffect.SXEshallhavereceivedacertificatesignedonbehalfofAMIDbyanexecutiveofficerofAMIDtosucheffect.

(b)PerformanceofObligationsoftheAMIDEntities.TheAMIDEntitiesshallhaveperformedinallmaterialrespectsallobligationsrequiredtobeperformedbythemunderthisAgreementatorpriortotheClosingDate,andSXEshallhavereceivedacertificatesignedonbehalfofAMIDbyanexecutiveofficerofAMIDtosucheffect.

(c)SXECreditFacilities;BackstopLetter.ContemporaneouslywithorpriortotheClosing,AMIDshallhavepaidorcausedtobepaidonbehalfofSXE,(i)tosuchaccountoraccountsasdesignatedintheLenderPayoffLetterbytheapplicablelenderoradministrativeagentandinaccordancewiththetermsoftheLenderPayoffLetter,thedollaramountofallindebtednessandanyotheramountsrequiredtobepaidundertheSXECreditFacilitiesinordertofullypayofftheSXECreditFacilities,and(ii)asapplicable,tosuchaccountoraccountsasdesignatedintheQualifyingNotesPayoffLetterbySouthcrossHoldingsand/ortheSponsors(asdefinedintheBackstopLetter),asapplicable,andinaccordancewiththetermsoftheQualifyingNotesPayoffLetter,thedollaramountofallindebtednessandanyotheramountsrequiredtobepaidundertheQualifyingNotes(asdefinedintheInvestmentAgreement)inordertofullypayoffsuchQualifyingNotes.

Section6.4FrustrationofClosingConditions.NoneofSXEoranyoftheAMIDEntitiesmayrelyonthefailureofanyconditionsetforthinSection6.1,Section6.2orSection6.3,asthecasemaybe,tobesatisfiedifsuchfailurewascausedbysuchParty’sfailuretouseitsreasonablebesteffortstoconsummatetheMergerandtheothertransactionscontemplatedhereby,orotherbreachofornoncompliancewiththisAgreement.

ARTICLE VIITERMINATION

Section7.1Termination.ThisAgreementmaybeterminatedandthetransactionscontemplatedherebyabandonedatanytimepriortotheEffectiveTime:

(a)bythemutualwrittenconsentofSXEandAMIDdulyauthorizedbyeachoftheSXEGPBoardandtheAMIDGPBoard,respectively.

(b)byeitherofSXEorAMID:

(i)iftheClosingshallnothavebeenconsummatedonorbeforeJune1,2018(the“Outside Date ”);provided,thattherighttoterminatethisAgreementunderthisSection7.1(b)(i)shallnotbeavailable(x)toaPartyiftheinabilitytosatisfysuchconditionwasduetothefailureofsuchpartytoperformanyofitsobligationsunderthisAgreementor(y)toaPartyiftheotherPartyhasfiled(andisthenpursuing)anactionseekingspecificperformanceaspermittedbySection8.8;

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(ii)ifanyRestrainthavingtheeffectsetforthinSection6.1(c)shallbeineffectandshallhavebecomefinalandnonappealable;provided,however,thattherighttoterminatethisAgreementunderthisSection7.1(b)(ii)shallnotbeavailabletoaPartyifsuchRestraintwasduetothefailureofsuchPartytoperformanyofitsobligationsunderthisAgreement;or

(iii)iftheSXEUnitholdersMeetingshallhaveconcludedandtheSXEUnitholderApprovalshallnothavebeenobtained;or

(c)byAMID:

(i)ifaSXEAdverseRecommendationChangeshallhaveoccurred;

(ii)ifSXEshallhavebreachedorfailedtoperformanyofitsrepresentations,warranties,covenantsoragreementssetforthinthisAgreement(orifanyoftherepresentationsorwarrantiesofSXEsetforthinthisAgreementshallfailtobetrue),whichbreachorfailure(A)would(ifitoccurredorwascontinuingasoftheClosingDate)giverisetothefailureofaconditionsetforthinSection6.2(a)or(b)and(B)isincapableofbeingcured,orisnotcuredbySXEwithin30daysfollowingreceiptofwrittennoticefromAMIDofsuchbreachorfailure;providedthatAMIDshallnothavetherighttoterminatethisAgreementpursuanttothisSection7.1(c)ifAMIDistheninbreachofanyofitsrepresentations,warranties,covenantsoragreementscontainedinthisAgreement,whichbreachorfailurewould(ifitoccurredorwascontinuingasoftheClosingDate)giverisetothefailureofaconditionsetforthinSection6.3(a)or(b);or

(d)bySXEifAMIDshallhavebreachedorfailedtoperformanyofitscovenantsoragreementssetforthinthisAgreement(orifanyoftherepresentationsorwarrantiesofAMIDsetforthinthisAgreementshallfailtobetrue),whichbreachorfailure(A)would(ifitoccurredorwascontinuingasoftheClosingDate)giverisetothefailureofaconditionsetforthinSection6.3(a)or(b)and(B)isincapableofbeingcured,orisnotcured,byAMIDwithin30daysfollowingreceiptofwrittennoticefromSXEofsuchbreachorfailure;provided,thatSXEshallnothavetherighttoterminatethisAgreementpursuanttothisSection7.1(d)ifSXEistheninbreachofanyofthefirstthreesentencesofSection5.1(b)orSection5.3orinbreachofanyofitsotherrepresentations,warranties,covenantsoragreementscontainedinthisAgreement,whichbreachorfailurewould(ifitoccurredorwascontinuingasoftheClosingDate)giverisetothefailureofaconditionsetforthinSection6.2(a)or(b).

(e)Inadditiontotheforegoing,thisAgreementshallbeautomaticallyterminatedwithoutfurtheractionofanyPartyupontheterminationoftheHoldingsContributionAgreement.

Section7.2EffectofTermination.IntheeventoftheterminationofthisAgreementasprovidedinSection7.1,writtennoticethereofshallbegiventotheotherPartyorParties,specifyingtheprovisionofthisAgreementpursuanttowhichsuchterminationismade,andthisAgreementshallforthwithbecomenullandvoid(otherthantheprovisionsinSection5.6(d),Section5.10,Section7.2andSection7.3andinthelastsentenceofSection5.6(a),and

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theprovisionsinArticleVIII,allofwhichshallsurviveterminationofthisAgreement),andthereshallbenoliabilityonthepartofanyAMIDEntityorSXEEntityortheirrespectivedirectors,officersandAffiliates,except(a)SXEorAMIDmayhaveliabilityasprovidedinSection7.3,and(b)nothingshallrelieveanyPartyheretofromanyliabilityordamagesforanyfailuretoconsummatetheMergerandtheothertransactionscontemplatedherebywhenrequiredpursuanttothisAgreementoranyPartyfromliabilityforfraudoraWillfulBreachofanyrepresentation,warranty,covenantorotheragreementcontainedinthisAgreement.

Section7.3FeesandExpenses.

(a)Intheeventthat(A)aSXEAlternativeProposalshallhavebeenpubliclyproposedorpubliclydisclosedpriorto,andnotwithdrawnatthetimeof,thedateoftheSXEUnitholdersMeeting(or,iftheSXEUnitholdersMeetingshallnothaveoccurred,andsuchSXEAlternativeProposalshallhavenotbeenwithdrawnpriortotheterminationofthisAgreementpursuanttoSection7.1(b)(i)[Outside Date ]),(B)thisAgreementisterminatedbySXEorAMIDpursuanttoSection7.1(b)(i)[Outside Date ]orSection7.1(b)(iii)[Failed SXE Unitholder Vote ],and(C)SXEentersintoadefinitiveagreementwithrespectto,orconsummates,anySXEAlternativeProposalwithin12monthsafterthedatethisAgreementisterminated(whetherornotsuchSXEAlternativeProposalisthesameSXEAlternativeProposalreferredtoinclause(A)),thenSXEshallpaytoAMIDaterminationfeeequalto$2,000,000,lessanyAMIDExpensespreviouslypaidbySXEpursuanttoSection7.3(e)(the“SXE Termination Fee ”),upontheearlierofthepublicannouncementthatSXEhasenteredintosuchdefinitiveagreementortheconsummationofanysuchtransaction;provided,thatthepaymentbySXEoftheSXETerminationFeepursuanttothisSection7.3shallnotrelieveSXEfromanyliabilityordamageresultingfromaWillfulBreachofanyofitsrepresentations,warranties,covenantsoragreementssetforthinSection5.1orSection5.3hereoforfraud.ForpurposesofthisSection7.3(a),theterm“SXE Alternative Proposal ”shallhavethemeaningassignedtosuchterminSection8.13,exceptthatthereferencesto“25%ormore”shallbedeemedtobereferencesto“50%ormore.”

(b)IntheeventthisAgreementisterminatedbyAMIDpursuanttoSection7.1(c)(i)[SXE Adverse Recommendation Change ],thenSXEshallpaytoAMID,withintwobusinessdaysafterthedateoftermination,theSXETerminationFee.

(c)AnypaymentoftheSXETerminationFeeshallbemadeincashbywiretransferofsamedayfundstoanaccountdesignatedinwritingbyAMID.

(d)IntheeventthatSXEshallfailtopaytheSXETerminationFeerequiredpursuanttothisSection7.3whendue,suchfeeshallaccrueinterestfortheperiodcommencingonthedatesuchfeebecamepastdue,atarateequaltothelegalrateofinterestprovidedforinSection2301ofTitle6oftheDelawareCode.Inaddition,ifSXEshallfailtopaytheSXETerminationFeewhendue,SXEshallalsopayallofAMID’sreasonablecostsandexpenses(includingattorneys’fees)inconnectionwitheffortstocollectsuchfee.TheSXEEntitiesacknowledgethattheprovisionsofthisSection7.3areanintegralpartofthetransactionscontemplatedherebyandthat,withouttheseagreementstheAMIDEntitieswouldenterintothisAgreement.ThePartiesagreethatinnoeventshallSXEberequiredtopaytheSXETerminationFeeonmorethanoneoccasion.

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(e)NotwithstandinganythingtothecontraryinthisAgreement,intheeventofterminationofthisAgreementby(i)eitherPartypursuanttoSection7.1(b)(iii)[Failed SXE Unitholder Vote ](oraterminationbySXEpursuanttoadifferentprovisionofSection7.1atatimewhenthisAgreementwasterminablepursuanttoSection7.1(b)(iii)[Failed SXE Unitholder Vote ])or(ii)AMIDpursuanttoSection7.1(c)(ii)[SXE Uncured Breach ],thenSXEshallpromptly,butinnoeventlaterthanthreebusinessdaysafterreceiptofaninvoice(withsupportingdocumentation)thereforfromAMID,payAMID’sdesigneeallofthereasonablydocumentedout-of-pocketexpenses(includingallfeesandexpensesofcounsel,accountants,investmentbankers,financingsources,hedgingcounterparties,expertsandconsultants)incurredbyAMIDanditsAffiliatesinconnectionwiththisAgreementandthetransactionscontemplatedhereby(the“AMID Expenses”);provided, however ,thatintheeventofaterminationofthisAgreementbyeitherPartypursuanttoSection7.1(b)(iii)[Failed SXE Unitholder Vote ](oraterminationbySXEpursuanttoadifferentprovisionofSection7.1atatimewhenthisAgreementwasterminablepursuanttoSection7.1(b)(iii)[Failed SXEUnitholder Vote ]),SXEshallpaytheAMIDExpensesuptoamaximumamountof$500,000;provided,further,thatthatthepaymentbySXEoftheAMIDExpensespursuanttothisSection7.3(e),(i)shallnotrelieveSXEofanysubsequentobligationtopaytheTerminationFeepursuanttoSection7.3(a)excepttotheextentindicatedinsuchSectionand(ii)shallnotrelieveSXEfromanyliabilityordamageresultingfromaWillfulBreachofanyofitsrepresentations,warranties,covenantsoragreementssetforthinSection5.1orSection5.3hereoforfraud.InnoeventshallSXEhaveanyobligationtomakeanysuchpaymentif,atthetimeofsuchtermination,thisAgreementwasterminablebySXEpursuanttoSection7.1(d)(i)[AMID Uncured Breach ].

ARTICLE VIIIMISCELLANEOUS

Section8.1NoSurvival,Etc..ExceptasotherwiseprovidedinthisAgreement,therepresentations,warrantiesandagreementsofeachPartyheretoshallremainoperativeandinfullforceandeffectregardlessofanyinvestigationmadebyoronbehalfofanyotherPartyhereto,whetherpriortooraftertheexecutionofthisAgreement.Therepresentations,warrantiesandagreementsinthisAgreementshallterminateattheEffectiveTimeor,exceptasotherwiseprovidedinSection7.2,upontheterminationofthisAgreementpursuanttoSection7.1,asthecasemaybe,exceptthattheagreementssetforthinArticleII,Section5.8,Section5.10,andSection5.13andanyotheragreementinthisAgreementthatcontemplatesperformanceaftertheEffectiveTimeshallsurvivetheEffectiveTimeandthosesetforthinSection5.6(d),Section5.10,Section7.2,Section7.3,inthelastsentenceofSection5.6(a)andthisArticleVIIIshallsurviveterminationofthisAgreement.TheAMIDConfidentialityAgreementshall(i)surviveterminationofthisAgreementinaccordancewithitstermsand(ii)terminateasoftheEffectiveTime.

Section8.2AmendmentorSupplement;Determinations;ApprovalsandConsents.AtanytimepriortotheEffectiveTime,thisAgreementmaybeamendedorsupplementedinanyandallrespects,whetherbeforeorafterreceiptoftheSXEUnitholderApprovalbywrittenagreementofthePartieshereto;provided,however,thatfollowingapprovaloftheMergerandtheothertransactionscontemplatedhereunderbytheSXEUnitholders,thereshallbenoamendmentorchangetotheprovisionsofthisAgreementwhichbyLawwouldrequirefurtherapprovalbytheSXEUnitholdersorAMIDUnitholders,asapplicable,withoutsuchapproval;

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providedfurther,however,thatanyamendmentorsupplementtothisAgreementmustbeapprovedbytheSXEConflictsCommittee.UnlessotherwiseexpresslysetforthinthisAgreement,wheneveradetermination,decision,approvalorconsentofSXEortheSXEGPBoard(including,withoutlimitation,adeterminationtoeffectaSXEAdverseRecommendationChange)orofAMIDortheAMIDGPBoardisrequiredpursuanttothisAgreement,suchdetermination,decision,approvalorconsentmustbeauthorizedbytheSXEGPBoardandtheSXEConflictsCommittee,ortheAMIDGPBoard,asapplicable.

Section8.3ExtensionofTime,Waiver,Etc.AtanytimepriortotheEffectiveTime,anyPartymay,subjecttoapplicableLaw,(a)waiveanyinaccuraciesintherepresentationsandwarrantiesofanyotherPartyhereto,(b)extendthetimefortheperformanceofanyoftheobligationsoractsofanyotherPartyheretoor(c)waivecompliancebytheotherPartywithanyoftheagreementscontainedhereinor,exceptasotherwiseprovidedherein,waiveanyofsuchParty’sconditionsprovided,that(i)anysuchwaiverorextensionshallonlybeeffectiveifmadeinwritingand(ii)neitherSXEanditsSubsidiariesnortheSXEGPBoardmaymakeorauthorizeanysuchwaiverorextensionwithoutthepriorapprovaloftheSXEConflictsCommittee.Notwithstandingtheforegoing,nofailureordelaybyanySXEEntityoranyAMIDEntityinexercisinganyrighthereundershalloperateasawaiverthereofnorshallanysingleorpartialexercisethereofprecludeanyotherorfurtherexercisethereofortheexerciseofanyotherrighthereunder.AnyagreementonthepartofaPartyheretotoanysuchextensionorwaivershallbevalidonlyifsetforthinaninstrumentinwritingsignedonbehalfofsuchParty.

Section8.4Assignment.NeitherthisAgreementnoranyoftherights,interestsorobligationshereundershallbeassigned,inwholeorinpart,byoperationofLaworotherwise,byanyofthePartieswithoutthepriorwrittenconsentofallotherPartiesexceptthat(a)AMIDmayassign,initssolediscretion,anyoforallitsrights,interestsandobligationsunderthisAgreementtoanywhollyownedSubsidiaryofAMID,butnosuchassignmentshallrelieveAMIDofanyofitsobligationshereunder,(b)SXEmayassign,initssolediscretion,anyorallofitsrights,interestsandobligationsunderthisAgreementtoanywhollyownedSubsidiaryofSXE,butnosuchassignmentshallrelieveSXEofanyofitsobligationshereunderand(c)AMIDmayassignanyoforallitsrights,interestsandobligationsunderthisAgreementtoanyDebtFinancingSourceascollateralsecurity;providedthatsuchassignmentiseffectedonlyforsecuritypurposesandshallnotpermitanyforeclosureorotherexecutiononsuchassignmentpriortotheClosingDate.Subjecttotheprecedingsentence,thisAgreementshallbebindingupon,inuretothebenefitof,andbeenforceableby,thePartiesheretoandtheirrespectivesuccessorsandpermittedassigns.AnypurportedassignmentnotpermittedunderthisSection8.4shallbenullandvoid.

Section8.5Counterparts.ThisAgreementmaybeexecutedincounterparts(eachofwhichshallbedeemedtobeanoriginalbutallofwhichtakentogethershallconstituteoneandthesameagreement)andshallbecomeeffectivewhenoneormorecounterpartshavebeensignedbyeachofthePartiesanddeliveredtotheotherParties.Thedeliveryofsignedcounterpartsbyfacsimileoremailtransmissionwhichincludesacopyofthesendingparty’ssignature(s)isaseffectiveassigninganddeliveringthecounterpartinperson.

Section8.6EntireAgreement;NoThird-PartyBeneficiaries.ThisAgreement,theHoldingsContributionAgreement,theSupportAgreement,theSXEDisclosureSchedule,the

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AMIDDisclosureScheduleandtheAMIDConfidentialityAgreement(a)constitutetheentireagreement,andsupersedeallotherprioragreementsandunderstandings,bothwrittenandoral,amongthePartieswithrespecttothesubjectmatterofthisAgreementandthereofand(b)shallnotconferuponanyPersonotherthanthePartiesheretoanyrights(includingthird-partybeneficiaryrightsorotherwise)orremedieshereunder,exceptfor,inthecaseofclause(b),(i)theprovisionsofSection5.8andSection8.12and(ii)ifandonlyiftheClosingoccurs,therightoftheSXEUnitholderstoreceivetheMergerConsiderationaftertheClosing(aclaimbytheSXEUnitholderswithrespecttowhichmaynotbemadeunlessanduntiltheClosingshallhaveoccurred)andtherightofholdersofequityawardstoreceivetheMergerConsiderationtowhichtheyareentitledpursuanttothisAgreementaftertheClosing(aclaimbysuchholderswithrespecttowhichmaynotbemadeunlessanduntiltheClosingshallhaveoccurred).

Section8.7GoverningLaw;Jurisdiction;WaiverofJuryTrial.

(a)ThisAgreementshallbegovernedby,andconstruedinaccordancewith,thelawsoftheStateofDelaware,applicabletocontractsexecutedinandtobeperformedentirelywithinthatState.

(b)EachofthePartiesheretoirrevocablyagreesthatanylegalactionorproceedingwithrespecttothisAgreementandtherightsandobligationsarisinghereunder,orforrecognitionandenforcementofanyjudgmentinrespectofthisAgreementandtherightsandobligationsarisinghereunderbroughtbytheotherPartyheretooritssuccessorsorassigns,shallbebroughtanddeterminedexclusivelyintheDelawareCourtofChanceryandanystateappellatecourttherefromwithintheStateofDelaware(or,iftheDelawareCourtofChancerydeclinestoacceptjurisdictionoveraparticularmatter,anystateorfederalcourtwithintheStateofDelaware).EachofthePartiesheretoherebyirrevocablysubmitswithregardtoanysuchactionorproceedingforitselfandinrespectofitsproperty,generallyandunconditionally,tothepersonaljurisdictionoftheaforesaidcourtsandagreesthatitwillnotbringanyactionrelatingtothisAgreementoranyofthetransactionscontemplatedbythisAgreementinanycourtotherthantheaforesaidcourts.EachofthePartiesheretoherebyirrevocablywaives,andagreesnottoassertasadefense,counterclaimorotherwise,inanyactionorproceedingwithrespecttothisAgreement,(i)anyclaimthatitisnotpersonallysubjecttothejurisdictionoftheabovenamedcourtsforanyreasonotherthanthefailuretoserveinaccordancewiththisSection8.7,(ii)anyclaimthatitoritspropertyisexemptorimmunefromthejurisdictionofanysuchcourtorfromanylegalprocesscommencedinsuchcourts(whetherthroughserviceofnotice,attachmentpriortojudgment,attachmentinaidofexecutionofjudgment,executionofjudgmentorotherwise)and(iii)tothefullestextentpermittedbytheapplicableLaw,anyclaimthat(x)thesuit,actionorproceedinginsuchcourtisbroughtinaninconvenientforum,(y)thevenueofsuchsuit,actionorproceedingisimproperor(z)thisAgreement,orthesubjectmatterhereof,maynotbeenforcedinorbysuchcourts.

(c)EACHPARTYHEREBYIRREVOCABLYWAIVESALLRIGHTTOTRIALBYJURYINANYACTION,PROCEEDINGORCOUNTERCLAIM(WHETHERBASEDONCONTRACT,TORTOROTHERWISE)ARISINGOUTOFORRELATINGTOTHISAGREEMENTORTHETRANSACTIONSCONTEMPLATEDHEREBYORTHEACTIONSOFANYPARTYINTHENEGOTIATION,ADMINISTRATION,PERFORMANCEANDENFORCEMENTOFTHISAGREEMENTANDTHETRANSACTIONSCONTEMPLATEDBYTHISAGREEMENT.

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Section8.8SpecificEnforcement.ThePartiesagreethatirreparabledamagewouldoccurandthatthePartieswouldnothaveanyadequateremedyatlawintheeventthatanyoftheprovisionsofthisAgreementwerenotperformedinaccordancewiththeirspecifictermsorwereotherwisebreachedanditisaccordinglyagreedthatthePartiesshallbeentitledtoaninjunctionorinjunctionstopreventbreachesofthisAgreementandtoenforcespecificallythetermsandprovisionsofthisAgreement,ineachcase,inaccordancewiththisSection8.8intheDelawareCourtofChanceryoranyfederalcourtsittingintheStateofDelaware,thisbeinginadditiontoanyotherremedytowhichtheyareentitledatlaworinequity.EachofthePartiesagreesthatitwillnotopposethegrantingofaninjunction,specificperformanceandotherequitablereliefasprovidedhereinonthebasisthat(x)eitherPartyhasanadequateremedyatlawor(y)anawardofspecificperformanceisnotanappropriateremedyforanyreasonatlaworequity.EachPartyfurtheragreesthatnoPartyshallberequiredtoobtain,furnishorpostanybondorsimilarinstrumentinconnectionwithorasaconditiontoobtaininganyremedyreferredtointhisSection8.8,andeachPartyirrevocablywaivesanyrightitmayhavetorequiretheobtaining,furnishingorpostingofanysuchbondorsimilarinstrument.ThePartiesagreethatintheeventthatAMIDreceivestheSXETerminationFee,AMIDmaynotseekanyawardofspecificperformanceunderthisSection8.8.

Section8.9Notices.Allnotices,requestsandothercommunicationstoanyPartyhereundershallbeinwritingandshallbedeemedgivenifdeliveredpersonally,byfacsimile(whichisconfirmed)orelectronictransmission,orsentbyovernightcourier(providingproofofdelivery)tothePartiesatthefollowingaddresses:

IftotheAMIDEntities,to:

AmericanMidstreamPartners,LP2103CityWestBlvd.Houston,Texas77042FaxNo.:(713)278-8870Attn:GeneralCounsel

withacopy(whichshallnotconstitutenotice)to:

Gibson,Dunn&CrutcherLLP1221McKinneyStreetHouston,Texas77010FaxNo.:(346)718-6901Attn:TullR.FloreyHillaryH.Holmes

IftotheSXEEntities,to:

SouthcrossEnergyPartners,L.P.750TownandCountryBoulevardSuite950

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Houston,Texas77024E-mail:[email protected]:KellyJameson

withacopyto:

LockeLordLLP600TravisStreet,Suite2800Houston,Texas77002FaxNo.:(713)546-5401Attn:H.WilliamSwanstrom

and

LockeLordLLP600CongressAvenue,Suite2200Austin,Texas78701FaxNo.:(512)391-4818Attn:MichelleA.Earley

orsuchotheraddressorfacsimilenumberassuchPartymayhereafterspecifybylikenoticetotheotherPartieshereto.Allsuchnotices,requestsandothercommunicationsshallbedeemedreceivedonthedateofreceiptbytherecipientthereofifreceivedpriorto5:00P.M.intheplaceofreceiptandsuchdayisabusinessdayintheplaceofreceipt.Otherwise,anysuchnotice,requestorcommunicationshallbedeemednottohavebeenreceiveduntilthenextsucceedingbusinessdayintheplaceofreceipt.

Section8.10Severability.IfanytermorotherprovisionofthisAgreementisdeterminedbyacourtofcompetentjurisdictiontobeinvalid,illegalorincapableofbeingenforcedbyanyruleoflaworpublicpolicy,allotherterms,provisionsandconditionsofthisAgreementshallneverthelessremaininfullforceandeffect.Uponsuchdeterminationthatanytermorotherprovisionisinvalid,illegalorincapableofbeingenforced,thePartiesheretoshallnegotiateingoodfaithtomodifythisAgreementsoastoeffecttheoriginalintentofthePartiesascloselyaspossibletothefullestextentpermittedbyapplicablelawinanacceptablemannertotheendthatthetransactionscontemplatedherebyarefulfilledtotheextentpossible.

Section8.11Interpretation.

(a)WhenareferenceismadeinthisAgreementtoanArticle,aSection,ExhibitorSchedule,suchreferenceshallbetoanArticleof,aSectionof,oranExhibitorScheduleto,thisAgreementunlessotherwiseindicated.ThetableofcontentsandheadingscontainedinthisAgreementareforreferencepurposesonlyandshallnotaffectinanywaythemeaningorinterpretationofthisAgreement.Wheneverthewords“include,”“includes”or“including”areusedinthisAgreement,theyshallbedeemedtobefollowedbythewords“withoutlimitation.”Thewords“hereof,”“herein”and“hereunder”andwordsofsimilarimportwhenusedinthisAgreementshallrefertothisAgreementasawholeandnottoanyparticularprovisionofthisAgreement.AlltermsdefinedinthisAgreementshallhavethedefinedmeaningswhenusedinanycertificateorotherdocumentmadeordeliveredpursuanthereto

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unlessotherwisedefinedtherein.ThedefinitionscontainedinthisAgreementareapplicabletothesingularaswellasthepluralformsofsuchtermsandtothemasculineaswellastothefeminineandneutergendersofsuchterm.Anyagreement,instrumentorstatutedefinedorreferredtohereinorinanyagreementorinstrumentthatisreferredtohereinmeanssuchagreement,instrumentorstatuteasfromtimetotimeamended,modifiedorsupplemented,including(inthecaseofagreementsorinstruments)bywaiverorconsentand(inthecaseofstatutes)bysuccessionofcomparablesuccessorstatutesandreferencestoallattachmentstheretoandinstrumentsincorporatedtherein.ReferencestoaPersonarealsotoitspermittedsuccessorsandassigns.AllreferencesinthisAgreementto“transactionscontemplatedhereby”includestheMerger,butdoesnotincludetheHoldingsContribution.Referencestothe“otherParty”fromtheperspectiveofanAMIDEntity,referstotheSXEEntities,andfromtheperspectiveofaSXEEntity,referstotheAMIDEntities.

(b)ThePartiesheretohaveparticipatedjointlyinthenegotiationanddraftingofthisAgreementwiththeassistanceofcounseland,intheeventanambiguityorquestionofintentorinterpretationarises,thisAgreementshallbeconstruedasjointlydraftedbythePartiesheretoandnopresumptionorburdenofproofshallarisefavoringordisfavoringanyPartybyvirtueoftheauthorshipofanyprovisionofthisAgreementorinterimdraftsofthisAgreement.

(c)TheDisclosureSchedulestothisAgreementarearrangedinsectionscorrespondingtothosecontainedinthisAgreementmerelyforconvenience,andthedisclosureofaniteminonesectionorsubsectionofsuchDisclosureSchedulesasanexceptiontoanyparticularcovenant,representationorwarrantyshallbedeemedadequatelydisclosedasanexceptionwithrespecttoallothercovenants,representationsorwarranties,notwithstandingthepresenceorabsenceofanappropriatesectionorsubsectionofsuchDisclosureScheduleswithrespecttosuchothercovenants,representationsorwarrantiesoranappropriatecross-referencethereto,ineachcasetotheextentrelevancyofsuchdisclosuretosuchothercovenants,representationsorwarrantiesisreasonablyapparentonthefaceofsuchdisclosurethatsuchdisclosedinformationisapplicablethereto.Additionally,foreachoftheDisclosureSchedules,themereinclusionofaniteminsuchDisclosureSchedulesasanexceptiontoarepresentationorwarrantyshallnotbedeemedanadmissionoracknowledgment,inandofitselfandsolelybyvirtueoftheinclusionofsuchinformationinsuchDisclosureSchedules,thatsuchinformationisrequiredtobelistedinsuchDisclosureSchedulesorthatsuchitem(oranynon-discloseditemorinformationofcomparableorgreatersignificance)representsamaterialexceptionorfact,eventorcircumstance,thatsuchitemhashad,orisexpectedtoresultin,aSXEMaterialAdverseEffectoraAMIDMaterialAdverseEffect,thatsuchitemactuallyconstitutesnoncompliancewith,oraviolationof,anyLaw,Permitorcontractorothertopictowhichsuchdisclosureisapplicableorthatsuchitemisoutsidetheordinarycourseofbusiness.ThespecificationofanydollaramountintherepresentationsandwarrantiescontainedinthisAgreementortheinclusionofanyspecificitemintheDisclosureSchedulesisnotintendedtoimplythatsuchamounts(orhigherorloweramounts)areorarenotmaterial,andnoPartyshallusethefactofthesettingofsuchamountsorthefactoftheinclusionofanysuchitemintheDisclosureSchedulesinanydisputeorcontroversybetweenthePartiesastowhetheranyobligation,item,ormatternotdescribedhereinorincludedinaDisclosureScheduleisorisnotmaterialforpurposesofthisAgreement.CapitalizedtermsusedintheDisclosureSchedules,unlessotherwisedefinedtherein,shallhavethemeaningsassignedtotheminthisAgreement.

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Section8.12Non-Recourse.Nopast,presentorfuturedirector,officer,employee,incorporator,member,partner,stockholder,agent,attorney,representativeoraffiliateofanyPartyheretooranyoftheirrespectiveAffiliates(unlesssuchAffiliateisexpresslyaPartytothisAgreement)shallhaveanyliability(whetherincontractorintort)foranyobligationsorliabilitiesofsuchPartyarisingunder,inconnectionwithorrelatedtothisAgreementorforanyclaimbasedon,inrespectof,orbyreasonof,thetransactionscontemplatedhereby;provided,however,thatnothinginthisSection8.12shalllimitanyliabilityofthePartiestothisAgreementforbreachesofthetermsandconditionsofthisAgreement.

Section8.13Definitions.AsusedinthisAgreement,thefollowingtermshavethemeaningsascribedtheretobelow:

“Affiliate ”means,astoanyPerson,anyotherPersonthat,directlyorindirectly,controls,oriscontrolledby,orisundercommoncontrolwith,suchPerson.Forthispurpose,“control”(including,withitscorrelativemeanings,“controlledby”and“undercommoncontrolwith”)meansthepossession,directlyorindirectly,ofthepowertodirectorcausethedirectionofmanagementorpoliciesofaPerson,whetherthroughtheownershipofsecuritiesorpartnershiporotherownershipinterests,bycontractorotherwise.

“AMID Charter Documents ”means,collectively,thecertificateoflimitedpartnershipofAMID,andtheFifthAmendedandRestatedAgreementofLimitedPartnershipofAmericanMidstreamPartners,LPdatedasofApril25,2016,asamendedorsupplementedfromtimetotime.

“AMID Credit Facility ”meanstheSecondAmendedandRestatedCreditAgreementwithBankofAmericaN.A.,asAdministrativeAgent,CollateralAgentandL/CIssuer,WellsFargoBank,NationalAssociation,asSyndicationAgent,andotherlenderspartythereto.

“AMID General Partner Units ”meansthe“NotionalGeneralPartnerUnits”asdefinedintheAMIDPartnershipAgreement.

“AMID GP Charter Documents ”means,collectively,thecertificateofformationofAMIDGP,andtheThirdAmendedandRestatedLimitedLiabilityCompanyAgreementofAmericanMidstreamGP,LLC,asamendedorsupplementedfromtimetotime.

“AMID Incentive Distribution Right ”means“IncentiveDistributionRight”assetforthintheAMIDPartnershipAgreement.

“AMID Joint Ventures ”meanseachentitylistedonSection8.13oftheAMIDDisclosureSchedule;provided,thatwithrespecttoanyreferenceinthisAgreementtoAMIDcausinganyAMIDJointVenturetotakeanyaction,suchreferenceshallonlyrequireAMIDtocausesuchAMIDJointVenturetotakesuchactiontothemaximumextentpermittedbytheorganizationaldocumentsandgovernancearrangementsofsuchAMIDJointVentureand,totheextentapplicable,itsfiduciarydutiesinrelationtosuchAMIDJointVenture.

“AMID Limited Partner ”meansa“LimitedPartner”asdefinedintheAMIDPartnershipAgreement.

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“AMID Partnership Agreement ”meanstheFifthAmendedandRestatedAgreementofLimitedPartnershipofAmericanMidstreamPartners,LP,asamendedorsupplementedfromtimetotime.

“AMID Partnership Interest ”means“PartnershipInterest”asdefinedintheAMIDPartnershipAgreement.

“AMID Security ”meansanyclassorseriesofequityinterestinAMID(butexcludinganyoptions,rights,warrantsandappreciationrightsrelatingtoanequityinterestinAMID),includingAMIDUnits,SeriesAUnitsandSeriesCUnits,whichareseparateclassesofAMIDPartnershipInterests.

“AMID Unit ”meansa“CommonUnit”asdefinedintheAMIDPartnershipAgreement.

“AMID Unitholders ”meanstheholdersofAMIDUnits.

“Antitrust Laws ”meanstheShermanAct,asamended,theClaytonAct,asamended,theHSRAct,theFederalTradeCommissionAct,asamended,andallotherapplicableLawsissuedbyaGovernmentalAuthoritythataredesignedorintendedtoprohibit,restrictorregulateactionshavingthepurposeoreffectofmonopolizationorrestraintoftradeorlesseningofcompetition.

“Backstop Letter ”meansthatcertainBackstopInvestmentCommitmentLetter,datedDecember29,2016,andenteredintoby(a)SXE,(b)SouthcrossHoldings,(c)WellsFargoBank,N.A.,(d)(i)TWAggregatorLP,TWBBTSAggregatorLP,TWSouthcrossSidecarIILP,TWSouthcrossSidecarII(N-QP)LP,EIGBBTSHoldings,LLC,EIGEnergyXV(BBTS)Blocker,LLC,EIGEnergyFundXVHoldings,LP,EIGEnergyFundXVCaymanBlocker,LP,EIGEnergyFundXV(Cayman),L.P.,EIGEnergyFundXV-B,L.P.,EIGEnergyFundXV-A,L.P.,EIGEnergyFundXV,L.P.,EIGEnergyXIVBlocker(BBTS),LLC,EIGEnergyFundXIV(Cayman),L.P.,EIGEnergyFundXIV-B,L.P.,EIGEnergyFundXIV-A,L.P.andEIGEnergyFundXIV,L.P.,asmaybeamendedfromtimetotime.

“business day ”meansadayexceptaSaturday,aSundayorotherdayonwhichtheSECorbanksintheCityofNewYorkareauthorizedorrequiredbyLawtobeclosed.

“Class B Convertible Unit ”meansa“ClassBConvertibleUnit”asdefinedintheSXEPartnershipAgreement.

“Class B PIK Unit ”meansa“ClassBPIKUnit”asdefinedintheSXEPartnershipAgreement.

“Class B Unitholders ”meantheholdersoftheClassBConvertibleUnits.

“Clayton Act ”meanstheClaytonAntitrustActof1914,asamended,andtherulesandregulationspromulgatedthereunder.

“Common Unit ”meansaSXESecurityrepresentingafractionalpartoftheSXEPartnershipInterestsofallSXELimitedPartnersandassignees,andhavingtherightsand

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obligationsspecifiedwithrespecttoCommonUnitsintheSXEPartnershipAgreement.Theterm“CommonUnit”doesnotrefertoaSubordinatedUnitorClassBConvertibleUnitpriortoitsconversionintoaCommonUnitpursuanttothetermsoftheSXEPartnershipAgreement.

“Common Unitholders ”meantheholdersoftheCommonUnits.

“Confidential Disclosure Letter ”meanstheConfidentialDisclosureLetterdeliveredbySXEtoAMIDconcurrentlywiththeexecutionhereof.

“Debt Financing Source ”hasthemeaningsetforthintheHoldingsContributionAgreement.

“DLLCA ”meantheDelawareLimitedLiabilityCompanyAct.

“DRULPA ”meanstheDelawareRevisedUniformLimitedPartnershipAct.

“Disclosure Schedules ”meanstheSXEDisclosureSchedulesandtheAMIDDisclosureSchedules,collectively.

“Environmental Law ”meansanyLawrelatingto(i)theprotection,preservationorrestorationoftheenvironment(includingair,surfacewater,groundwater,drinkingwatersupply,surfaceland,subsurfaceland,plantandanimallifeoranyothernaturalresource),or(ii)theexposureto,ortheuse,storage,recycling,treatment,generation,transportation,processing,handling,labeling,production,releaseordisposalofHazardousSubstances,ineachcaseasineffectatthedateofthisAgreement.

“Environmental Permit ”meansallPermitsrequiredunderEnvironmentalLaws.

“ERISA Affiliate” means,withrespecttoanyPerson,anytradeorbusiness,whetherornotincorporated,thattogetherwithsuchPerson,wouldbedeemedattherelevanttimetobeasingleemployerforpurposeofSection414(b),(c),(m)or(o)oftheCode.

“Federal Trade Commission Act ”meanstheFederalTradeCommissionActof1914,asamended,andtherulesandregulationspromulgatedthereunder.

“GAAP ”meansgenerallyacceptedaccountingprinciplesintheUnitedStates.

“Governmental Authority ”meansanygovernment,court,arbitrator,regulatoryoradministrativeagency,commissionorauthorityorothergovernmentalinstrumentality,federal,stateorlocal,domestic,tribal,foreignormultinational.

“Hazardous Substance ”meansanysubstance,materialorwastethatislisted,defined,designatedorclassifiedashazardous,toxic,radioactive,dangerousora“pollutant”or“contaminant”orwordsofsimilarmeaningunderanyEnvironmentalLaworareotherwiseregulatedbyanyGovernmentalAuthoritywithjurisdictionovertheenvironmentornaturalresourcesduetotheiractualorpotentialadverseeffectsuponhumanhealthortheenvironment,includingwithoutlimitationpetroleumoranyderivativeorbyproductthereof,radon,radioactivematerial,asbestosorasbestoscontainingmaterial,ureaformaldehyde,foaminsulationorpolychlorinatedbiphenyls.

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“HSR Act ”meanstheHart-Scott-RodinoAntitrustImprovementsActof1976,asamended,andtherulesandregulationspromulgatedthereunder.

“Investment Agreement ”meansthatcertainInvestmentAgreement,datedDecember29,2016,byandbetweenSXE,SouthcrossHoldingsandWellsFargoBank,N.A.,asmaybeamendedfromtimetotime.

“Knowledge ”(i)whenusedwithrespecttoSXE,meanstheactualknowledgeofthoseindividualslistedonSection8.13(a)oftheSXEDisclosureScheduleand(ii)whenusedwithrespecttoAMID,meanstheactualknowledgeofthoseindividualslistedonSection8.13oftheAMIDDisclosureSchedule.

“LTIP ”meanstheSouthcrossEnergyPartners,L.P.AmendedandRestated2012LongTermIncentivePlan,asmaybeamendedfromtimetotime.

“Material Adverse Effect ”means,whenusedwithrespecttoaPerson,anychange,effect,eventoroccurrencethat,individuallyorintheaggregate,(x)hashadorwouldreasonablybeexpectedtohaveamaterialadverseeffectonthebusiness,financialconditionorresultsofoperationsofsuchPersonanditsSubsidiaries,takenasawhole,or(y)preventsormateriallyimpedes,interfereswithorhinderstheconsummationofthetransactionscontemplatedhereby,includingtheMerger,onorbeforetheOutsideDate;provided,however,that,withrespecttotheforegoingclause(x)only,anyadversechanges,effects,eventsoroccurrencesresultingfromorduetoanyofthefollowingshallbedisregardedindeterminingwhethertherehasbeenaMaterialAdverseEffect:(i)changes,effects,eventsoroccurrencesgenerallyaffectingtheUnitedStatesorglobaleconomy,thefinancial,credit,debt,securitiesorothercapitalmarketsorpolitical,legislativeorregulatoryconditionsorchangesintheindustriesinwhichsuchPersonoperates;(ii)theannouncementorpendencyofthisAgreementorthetransactionscontemplatedhereby;(iii)anychangeinthemarketpriceortradingvolumeofthelimitedpartnershipinterestsorotherequitysecuritiesofsuchPerson(itbeingunderstoodandagreedthattheforegoingshallnotprecludeanyotherPartytothisAgreementfromassertingthatanyfactsoroccurrencesgivingrisetoorcontributingtosuchchangethatarenototherwiseexcludedfromthedefinitionofMaterialAdverseEffectshouldbedeemedtoconstitute,orbetakenintoaccountindeterminingwhethertherehasbeen,orwouldreasonablybeexpectedtobe,aMaterialAdverseEffect);(iv)actsofwarorterrorism(ortheescalationoftheforegoing)ornaturaldisastersorotherforcemajeureevents;(v)changesinanyLawsorregulationsapplicabletosuchPersonorapplicableaccountingregulationsorprinciplesortheofficialinterpretationthereofthatmateriallyaffectsthisAgreementorthetransactionscontemplatedhereby;(vi)changes,effects,eventsoroccurrencesgenerallyaffectingthepricesofoil,naturalgas,naturalgasliquidsorcoalorothercommodities;and(vii)anyfailureofaPersontomeetanyinternalorexternalprojections,forecastsorestimatesofrevenues,earningsorotherfinancialoroperatingmetricsforanyperiod(itbeingunderstoodandagreedthattheforegoingshallnotprecludeanyotherPartytothisAgreementfromassertingthatanyfactsoroccurrencesgivingrisetoorcontributingtosuchfailurethatarenototherwiseexcludedfromthedefinitionofMaterialAdverseEffectshouldbedeemedtoconstitute,orbetakenintoaccountindeterminingwhethertherehasbeen,orwould

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reasonablybeexpectedtobe,aMaterialAdverseEffect);provided,however,thatchanges,effects,eventsoroccurrencesreferredtoinclauses(i),(iv),(v)and(vi)aboveshallbeconsideredforpurposesofdeterminingwhethertherehasbeenorwouldreasonablybeexpectedtobeaMaterialAdverseEffectifandtotheextentsuchstateofaffairs,changes,effects,eventsoroccurrenceshashadorwouldreasonablybeexpectedtohaveadisproportionateadverseeffectonsuchPersonanditsSubsidiaries,takenasawhole,ascomparedtoothercompaniesofsimilarsizeoperatingintheindustriesinwhichsuchPersonanditsSubsidiariesoperate.

“Multiemployer Plan ”meansamultiemployerplanasdefinedinSection4001(a)(3)ofERISA.

“NYSE ”meanstheNewYorkStockExchange.

“Outstanding ”shallhavethemeaningassignedtosuchtermintheSXEPartnershipAgreement.

“Permit ”meansfranchises,tariffs,grants,authorizations,licenses,permits,easements,variances,exceptions,consents,certificates,approvalsandordersofanyGovernmentalAuthority.

“Person ”meansanindividual,acorporation,alimitedliabilitycompany,apartnership,anassociation,atrustoranyotherentity,includingaGovernmentalAuthority.

“Phantom Unit ”meansanotionalinterestgrantedundertheSXELTIPthatentitlestheholdertoreceiveaCommonUnitatadesignatedfuturepaymentdate.

“Post-Closing Tax Period ”meansanytaxableperiodoranyportionofataxableperiodbeginningaftertheClosingDate.

“Pre-Closing Tax Period ”meansanytaxableperiodoranyportionofataxableperiodendingonorbeforetheClosingDate.

“Risk Management Policy ”meanstheRiskManagementPolicyofSXEorAMID,asapplicable,asadoptedbytheSXEGPBoardortheAMIDGPBoard,andineffectonthedateofthisAgreement;provided,thattheRiskManagementPolicymayonlybeamendedormodifiedafterthedateofthisAgreementbysuchBoardoracommitteethereofwiththepriorwrittenconsentofthecounter-party.

“SEC ”meanstheSecuritiesandExchangeCommission.

“Series A Unit ”meansaSeriesAPreferredUnitasdefinedintheAMIDPartnershipAgreement.

“Series C Unit ”meansaSeriesCPreferredUnitasdefinedintheAMIDPartnershipAgreement.

“Series D Unit ”meansaSeriesDPreferredUnitasdefinedintheAMIDPartnershipAgreement.

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“Sherman Act ”meanstheShermanAntitrustActof1890,asamended,andtherulesandregulationspromulgatedthereunder.

“Subordinated Unit ”meansaSubordinatedUnitasdefinedintheSXEPartnershipAgreement.

“Subordinated Unitholders ”meantheholdersoftheSubordinatedUnits.

“Subsidiary ”whenusedwithrespecttoanyParty,meansanycorporation,limitedliabilitycompany,partnership,association,trustorotherentitytheaccountsofwhichwouldbeconsolidatedwiththoseofsuchPartyinsuchParty’sconsolidatedfinancialstatementsifsuchfinancialstatementswerepreparedinaccordancewithGAAP,aswellasanyothercorporation,limitedliabilitycompany,partnership,association,trustorotherentityofwhichsecuritiesorotherownershipinterestsrepresentingmorethan50%oftheequityormorethan50%oftheordinaryvotingpower(or,inthecaseofapartnership,morethan50%ofthegeneralpartnershipinterestsor,inthecaseofalimitedliabilitycompany,themember)are,asofsuchdate,ownedbysuchPartyoroneormoreSubsidiariesofsuchPartyorbysuchPartyandoneormoreSubsidiariesofsuchParty.ForpurposesofArticleIV,whenusedwithrespecttoAMID,theterm“Subsidiary”shallincludetheAMIDJointVentures.

“SXE Alternative Proposal ”meansanyinquiry,proposalorofferfromanyPersonor“group”(asdefinedinSection13(d)oftheExchangeAct),otherthanAMID,itsSubsidiaries,andtheirAffiliates,relatingtoany(i)directorindirectacquisition(whetherinasingletransactionoraseriesofrelatedtransactions),outsideoftheordinarycourseofbusiness,ofassetsofSXEanditsSubsidiaries(includingsecuritiesofSubsidiaries)equalto25%ormoreofSXE’sconsolidatedassetsortowhich25%ormoreofSXE’srevenuesorearningsonaconsolidatedbasisareattributable,(ii)directorindirectacquisition(whetherinasingletransactionoraseriesofrelatedtransactions)ofbeneficialownership(withinthemeaningofSection13undertheExchangeAct)of25%ormoreofanyclassofequitysecuritiesofSXE,(iii)tenderofferorexchangeofferthatifconsummatedwouldresultinanyPersonor“group”(asdefinedinSection13(d)oftheExchangeAct)beneficiallyowning10%ormoreofanyclassofequitysecuritiesofSXEor(iv)merger,consolidation,unitexchange,shareexchange,businesscombination,recapitalization,liquidation,dissolutionorsimilartransactioninvolvingSXEwhichisstructuredtopermitanyPersonor“group”(asdefinedinSection13(d)oftheExchangeAct)toacquirebeneficialownershipofatleast25%ofSXE’sconsolidatedassetsorequityinterests;ineachcase,otherthanthetransactionscontemplatedhereby.

“SXE Changed Circumstance ”meansamaterialevent,circumstance,changeordevelopment,ineachcasethat(i)arisesoroccursafterthedateofthisAgreementandwasnot,priortothedateofthisAgreement,knownorreasonablyforeseeabletotheSXEGPBoardand(ii)doesnotrelateto(A)thereceipt,existenceortermsofaSXEAlternativeProposaloranymatterrelatingtheretoorconsequencethereof,(B)AMID,AMIDGPortheirrespectiveSubsidiaries,(C)anyactionstakenpursuanttothisAgreementor(D)anychangesinthepriceofAMIDCommonUnitsorotherAMIDSecuritiesorSXECommonUnitsorotherSXESecurities.

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“SXE Credit Facilities ”meanstheSXERevolvingCreditAgreementandtheSXETermLoan.

“SXE Designated Proposal ”meansabonafideunsolicitedwrittenSXEAlternativeProposal,obtainedafterthedateofthisAgreementandnotinbreachofSection5.3,toacquire,directlyorindirectly,50%ormoreoftheoutstandingequitysecuritiesofSXEor50%ormoreoftheassetsofSXEanditsSubsidiariesonaconsolidatedbasis,madebyanyPersonor“group”(asdefinedinSection13(d)oftheExchangeAct),otherthanAMID,itsSubsidiaries,andtheirAffiliates,whichisontermsandconditionswhichtheSXEGPBoard(upontherecommendationoftheSXEConflictsCommittee)determinesingoodfaith(afterconsultationwithitsoutsidefinancialadvisorandoutsidelegalcounsel),takingintoaccountalllegal,regulatory,financial,financing,timingandotheraspectsoftheproposal,includingallconditionscontainedthereinandthePersonmakingsuchSXEAlternativeProposal,tobe(i)reasonablycapableofbeingconsummatedinaccordancewithitsterms,and(ii)ifconsummated,morefavorabletotheSXEUnitholders(intheircapacityasSXEUnitholders)fromafinancialpointofviewthanthetransactionscontemplatedhereby,takingintoaccountatthetimeofdeterminationanychangestothetermsofthisAgreementthatasofthattimehadbeenproposedbyAMIDinwriting.

“SXE Equity Plan ”meansanyplansorarrangementsofSXEprovidingforthecompensatorygrantofawardsofPhantomUnitsorawardsdenominated,inwholeorinpart,inCommonUnits,oroptionsorunitappreciationrightsorsimilarawardsrelatingtoCommonUnits,includingtheLTIP.

“SXE General Partner Interest ”meansthe“GeneralPartnerInterest”asdefinedintheSXEPartnershipAgreement.

“SXE General Partner Units ”meansthe“GeneralPartnerUnits”asdefinedintheSXEPartnershipAgreement.

“SXE GP Charter Documents ”means,collectively,thecertificateofformationofSXEGP,andtheSecondAmendedandRestatedLimitedLiabilityCompanyAgreementofSXEGP,asamendedorsupplementedfromtimetotime.

“SXE Incentive Distribution Right ”means“IncentiveDistributionRight”asdefinedintheSXEPartnershipAgreement.

“SXE Joint Ventures ”meanseachentitylistedonSection8.13(a)oftheSXEDisclosureSchedule;provided,thatwithrespecttoanyreferenceinthisAgreementtoSXEcausinganySXEJointVenturetotakeanyaction,suchreferenceshallonlyrequireSXEtocausesuchSXEJointVenturetotakesuchactiontothemaximumextentpermittedbytheorganizationaldocumentsandgovernancearrangementsofsuchSXEJointVentureand,totheextentapplicable,itsfiduciarydutiesinrelationtosuchSXEJointVenture.

“SXE Limited Partner ”means“LimitedPartner”asdefinedintheSXEPartnershipAgreement.

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“SXE Limited Partner Interest ”means“LimitedPartnerInterest”asdefinedintheSXEPartnershipAgreement.

“SXE LTIP Unit ”meansanawardofPhantomUnitsgrantedundertheLTIP.

“SXE Partnership Agreement ”meanstheThirdAmendedandRestatedAgreementofLimitedPartnershipofSXE,asamendedorsupplementedfromtimetotime.

“SXE Partnership Interest ”meansanequityinterestinSXE,whichshallincludetheSXEGeneralPartnerInterestandSXELimitedPartnerInterests.

“SXE Revolving Credit Agreement ”meansthatcertainThirdAmendedandRestatedRevolvingCreditAgreement,datedasofAugust4,2014,byandamongWilmingtonTrust,NationalAssociation(successortoWellsFargoBank,N.A.),astheAdministrativeAgent,thelenderspartythereto,andSXE,asmaybeamendedfromtimetotime.

“SXE Security ”meansanyclassorseriesofequityinterestinSXE(butexcludinganyoptions,rights,warrantsandappreciationrightsrelatingtoanequityinterestinSXE),includingwithoutlimitation,CommonUnits,ClassBConvertibleUnitsandSubordinatedUnits,whichareseparateclassesofSXEPartnershipInterests.

“SXE Term Loan ”meansthatcertainTermLoanCreditAgreement,datedasofAugust4,2014,byandamongthePartnership,WilmingtonTrust,NationalAssociation(successortoWellsFargoBank,N.A.),asAdministrativeAgent,UBSSecuritiesLLCandBarclaysBankPLC,asCo-SyndicationAgents,JPMorganChaseBank,N.A.,asDocumentationAgent,andthelenderspartythereto,asmaybeamendedfromtimetotime.

“SXE Unitholder ”meanstheCommonUnitholders,theSubordinatedUnitholdersandtheClassB.

“Tax ”or“Taxes ”meansanyandallfederal,state,localorforeignorprovincialtaxes,charges,imposts,leviesorotherassessments,includingallnetincome,grossreceipts,capital,sales,use,advalorem,valueadded,transfer,franchise,margin,profits,netproceeds,alternativeoradd-onminimum,inventory,goodsandservices,capitalstock,license,registration,leasing,user,withholding,payroll,employment,socialsecurity,unemployment,disability,excise,severance,stamp,occupation,property,unclaimedproperty,fuel,excessprofits,premium,windfallprofit,deficiencyandestimatedtaxes,customsduties,fees,assessmentsandsimilarcharges,includinganyandallinterest,penalties,fines,additionstotaxoradditionalamountsimposedbyanyGovernmentalAuthorityinconnectionwithrespectthereto.

“Tax Return ”meansanyreturn,reportorsimilarfiling(includinganyattachedschedules,supplementsandadditionalorsupportingmaterial)filedorrequiredtobefiledwithrespecttoTaxes,includinganyinformationreturn,claimforrefund,amendedreturnordeclarationofestimatedTaxes(andincludinganyamendmentswithrespectthereto).

“TBOC ”meanstheTexasBusinessOrganizationsCode,asamended.

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“Willful Breach ”means(i)withrespecttoanybreachesorfailurestoperformanyoftherepresentations,warranties,covenantsorotheragreementscontainedinthisAgreement,amaterialbreachthatisaconsequenceofadeliberateactorintentionalomissionundertakenbythebreachingparty(orinthecaseofSection5.3withrespecttoSXE,theconsequenceofadeliberateactoromissionofaSubsidiaryofSXE,orofaRepresentativeofSXEatthedirectionofSXE)regardlessofwhetherbreachingthisAgreementwastheconsciousobjectoftheactoromissionand(ii)thefailurebyanypartytoconsummatethetransactionscontemplatedherebyafteralloftheconditionssetforthinArticleVIhavebeensatisfiedorwaived(bythepartyentitledtowaiveanysuchapplicableconditions).

[signature pages follows ]

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INWITNESSWHEREOF,thePartiesheretohavecausedthisAgreementtobedulyexecutedanddeliveredasofthedatefirstabovewritten.

AMID:

AMERICANMIDSTREAMPARTNERS,LP

By: AmericanMidstreamGP,LLC, Itsgeneralpartner

By: /s/LynnL.BourdonIIIName:LynnL.BourdonIIITitle:PresidentandChiefExecutiveOfficer

AMIDGP:

AMERICANMIDSTREAMGP,LLC


MERGERSUB:

CHEROKEEMERGERSUBLLC


[Signature Page to Agreement and Plan of Merger (LP) ]

SXE:

SOUTHCROSSENERGYPARTNERS,L.P.

By: SOUTHCROSSENERGY PARTNERSGP,LLC Itsgeneralpartner

By: /s/BretM.AllanName: BretM.AllanTitle:

SeniorVicePresidentandChiefFinancialOfficer

SXEGP:

SOUTHCROSSENERGYPARTNERSGP,LLC



[Signature Page to Agreement and Plan of Merger (LP) ]

Exhibit 2.2

EXECUTION COPY

CONTRIBUTION AGREEMENT

DATED AS OF OCTOBER 31, 2017

BY AND AMONG

SOUTHCROSS HOLDINGS LP,

AMERICAN MIDSTREAM PARTNERS, LP,

AND


TABLE OF CONTENTS Page

ARTICLEICONTRIBUTION 2Section1.1 Contribution 2Section1.2 Closing 3

ARTICLEIICONSIDERATION 3

Section2.1 Consideration 3Section2.2 ClosingIssuances,PaymentsandDeposits 3Section2.3 PreliminarySettlementStatement 4Section2.4 Post-ClosingAdjustmentoftheConsideration 5Section2.5 WithholdingTax 8

ARTICLEIIIREPRESENTATIONSANDWARRANTIESREGARDINGTHESOUTHCROSSCOMPANIES 8

Section3.1 Organization,StandingandPower 9Section3.2 Authorization;Enforceability 9Section3.3 Capitalization 10Section3.4 NoConflict 11Section3.5 GovernmentalAuthorizations 12Section3.6 FinancialStatements;UndisclosedLiabilities 12Section3.7 AbsenceofCertainChangesorEvents 13Section3.8 LegalProceedings 13Section3.9 CompliancewithLaws;Permits 13Section3.10 TaxMatters 14Section3.11 EmployeeBenefits 15Section3.12 LaborMatters 18Section3.13 EnvironmentalMatters 18Section3.14 MaterialContracts 19Section3.15 Property 22Section3.16 IntellectualProperty 23Section3.17 Insurance 23Section3.18 AffiliateInterestsandTransactions 24Section3.19 Titleto,SufficiencyandConditionofAssets 24Section3.20 CustomersandSuppliers 24Section3.21 BrokersandOtherAdvisors 25Section3.22 InvestmentRepresentation 26

ARTICLEIVREPRESENTATIONSANDWARRANTIESOFTHEAMIDENTITIES 26

Section4.1 StatusofAMID 26Section4.2 Authorization;Enforceability 27Section4.3 Capitalization 27Section4.4 GovernmentalAuthorizations 29

TABLE OF CONTENTS(continued)

Page

Section4.5 NoConflicts 29Section4.6 LegalProceedings 30Section4.7 Brokers’Fees 30Section4.8 FinancialStatements 30Section4.9 TaxMatters 31Section4.10 AMIDGP 32Section4.11 Bankruptcy 34Section4.12 InvestmentRepresentation 34

ARTICLEVADDITIONALCOVENANTSANDAGREEMENTS 35

Section5.1 ConductofBusiness 35Section5.2 NoSolicitation 40Section5.3 ReasonableBestEfforts 41Section5.4 PublicAnnouncements 43Section5.5 AccesstoInformation;Confidentiality 43Section5.6 IndemnificationandInsurance 45Section5.7 FeesandExpenses 46Section5.8 TaxMatters 46Section5.9 EmployeeMatters 49Section5.10 NotificationofCertainMatters 50Section5.11 FinancingEfforts 50Section5.12 FinancingCooperation 51Section5.13 InterimFinancialStatements 53Section5.14 Contribution 53Section5.15 BooksandRecords 54Section5.16 SXECreditFacilities 55Section5.17 ActionsofHoldingsLPFollowingtheClosing 56

ARTICLEVICONDITIONSPRECEDENT 56

Section6.1 ConditionstoEachParty’sObligation 56Section6.2 ConditionstoObligationsoftheAMIDEntities 57Section6.3 ConditionstoObligationsofSouthcross 58Section6.4 FrustrationofClosingConditions 59Section6.5 SouthcrossClosingDeliverables 59Section6.6 AMID’sDeliverables 59

ARTICLEVIITERMINATION 60

Section7.1 Termination 60Section7.2 EffectofTermination 61

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PageARTICLEVIIIINDEMNIFICATION 63

Section8.1 Survival 63Section8.2 IndemnificationofAMIDbySouthcross 63Section8.3 IndemnificationofSouthcrossbyAMID 63Section8.4 Limitations 63Section8.5 ClaimsProcedures 65Section8.6 ClaimsAgainstIndemnityEscrowUnits 68Section8.7 ExclusiveRemedy;WaiverofRemedies 69Section8.8 WaiverofCertainDamages 70Section8.9 RighttoBringClaims 70Section8.10 DeterminationofAmountofDamages 70Section8.11 DisclaimerandWaiverofotherRepresentations 71

ARTICLEIXMISCELLANEOUS 72

Section9.1 AmendmentorSupplement 72Section9.2 ExtensionofTime,Waiver,Etc. 72Section9.3 Assignment 73Section9.4 Counterparts 73Section9.5 EntireAgreement;NoThird-PartyBeneficiaries 73Section9.6 GoverningLaw;Jurisdiction;WaiverofJuryTrial 74Section9.7 SpecificPerformance 74Section9.8 Notices 75Section9.9 Severability 77Section9.10 RulesofConstruction;JointDrafting 78Section9.11 DisclosureSchedules 78Section9.12 Non-Recourse 79Section9.13 ConflictWaiver;Privilege 79Section9.14 Definitions 81

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ExhibitsExhibitA FormofContributedCompaniesAssignmentInstrumentExhibitB FormofSXHHoldingsAssignmentInstrumentExhibitC FormofAMIDPartnershipAgreementAmendmentExhibitD FormofAMIDGPAgreementAmendmentExhibitE FormofEscrowAgreementExhibitF FormofLock-UpAgreementExhibitG FormofAMIDOptionAgreement

SchedulesSchedule2.3(a) ApplicableAccountingPrinciplesSchedule5.1(a) SouthcrossConductofBusinessSchedule5.1(a)(iii) ContractsSchedule5.1(a)(iv) SouthcrossCapitalExpendituresSchedule5.1(a)(viii) SouthcrossBenefitPlanSchedule5.1(b) AMIDConductofBusinessSchedule6.2(d) ClosingConsentsSchedule9.14(a) SampleNetWorkingCapitalSchedule9.14(b)(i) KnowledgeofHoldingLPSchedule9.14(b)(ii) KnowledgeofAMIDSchedule9.14(c) PayoffIndebtednessSchedule9.14(d) PermittedLiensSchedule9.14(e) SeniorUnsecuredNotesSchedule9.14(f) SpecialIndemnityMatterSchedule9.14(g) TransactionExpenseAllocation

SouthcrossDisclosureSchedulesSouthcrossDisclosureSchedule3.3(a) SXHHoldingsInterestSubjecttoLiensSouthcrossDisclosureSchedule3.3(b) SXEPartnershipInterestsSouthcrossDisclosureSchedule3.3(c)(i) HoldingsCompanyEquityInterestsSouthcrossDisclosureSchedule3.3(c)(ii) HoldingsCompanyEquityInterestsExceptionsSouthcrossDisclosureSchedule3.3(d) HoldingsEquityInterestRightsSouthcrossDisclosureSchedule3.4 NoConflictSouthcrossDisclosureSchedule3.5 GovernmentalAuthorizationsSouthcrossDisclosureSchedule3.6(c) UndisclosedLiabilitiesSouthcrossDisclosureSchedule3.8(a) LegalProceedingsSouthcrossDisclosureSchedule3.8(b) OrdersSouthcrossDisclosureSchedule3.9(a) CompliancewithLawsSouthcrossDisclosureSchedule3.10 TaxMattersSouthcrossDisclosureSchedule3.11(a) BenefitPlansSouthcrossDisclosureSchedule3.11(i) TransactionPayments

i


SouthcrossDisclosureSchedule3.13 EnvironmentalMattersSouthcrossDisclosureSchedule3.13(g) UndergroundStorageTankSouthcrossDisclosureSchedule3.14(a) SouthcrossMaterialContractsSouthcrossDisclosureSchedule3.14(b) SouthcrossMaterialContractDefaultsSouthcrossDisclosureSchedule3.15(a)(i) RealPropertyLiensSouthcrossDisclosureSchedule3.15(a)(ii) RealPropertyLeasedtoOthersSouthcrossDisclosureSchedule3.15(a)(iii) OwnedRealPropertySouthcrossDisclosureSchedule3.15(a)(iv) RealPropertyConveyancesSouthcrossDisclosureSchedule3.15(b)(i) LeasedPropertyLiensSouthcrossDisclosureSchedule3.15(b)(ii) LeasedPropertySouthcrossDisclosureSchedule3.15(b)(iii) SubleasedPropertySouthcrossDisclosureSchedule3.17(a) InsuranceSouthcrossDisclosureSchedule3.17(b) InsuranceNoticesSouthcrossDisclosureSchedule3.18 AffiliateTransactionsSouthcrossDisclosureSchedule3.19(a) Titleto,SufficiencyandConditionofAssetsSouthcrossDisclosureSchedule3.19(b) MaintenanceofAssetsSouthcrossDisclosureSchedule3.20(a) CustomersSouthcrossDisclosureSchedule3.21 Brokers

AMIDDisclosureSchedulesAMIDDisclosureSchedule4.3(a)(i) AMIDEquityInterestAMIDDisclosureSchedule4.3(a)(ii) AMIDGPEquityInterestAMIDDisclosureSchedule4.4 AMIDGovernmentalAuthorizationsAMIDDisclosureSchedule4.5 AMIDConflictsAMIDDisclosureSchedule4.9 TaxMattersAMIDDisclosureSchedule4.10 AMIDGP

ii

INDEX OF DEFINED TERMSDefined Term Where usedAccountingFirm Section2.4(c)AcquisitionProposal Section5.2(c)(i)AdjustmentEscrowFund Section9.14AdjustmentEscrowUnits Section9.14AdjustmentNotice Section2.4(a)Affiliate Section9.14Agreement PreambleAMID PreambleAMIDBenefitPlan Section5.9(b)AMIDBoard Section9.14AMIDCharterDocuments Section9.14AMIDCommonUnitConsideration Section2.2(a)(i)AMIDCommonUnits Section9.14AMIDCreditFacility Section4.9(b)AMIDDisclosureSchedule Section9.14AMIDEntities PreambleAMIDEquityPlans Section4.3(a)AMIDGeneralPartnerUnits Section9.14AMIDGP PreambleAMIDGPAgreement Section9.14AMIDGPAgreementAmendment RecitalsAMIDGPClassDUnit Section9.14AMIDGPClassDUnitConsideration Section2.2(b)AMIDGPInterest Section4.3(d)AMIDGPFinancing Section9.14AMIDGPMembers Section6.6€AMIDIncentiveDistributionRights Section9.14AMIDIndemnifiedPersons Section8.2AMIDMaterialAdverseEffect Section9.14AMIDOptionAgreement Section2.2(a)(iii)AMIDOptions Section2.2(a)(iii)AMIDPartnershipAgreement Section9.14AMIDPartnershipAgreementAmendment RecitalsAMIDPartnershipInterest Section9.14AMIDPreferredUnit Section9.14AMIDPreferredUnitConsideration Section2.2(a)(ii)AMIDRelatedParty Section7.2(c)AMIDRequiredGovernmentalAuthorizations Section4.4AMIDSECDocuments Section4.8(a)AMIDSecurity Section9.14AMIDUnitholders Section9.14AntitrustLaws Section9.14ApplicableAccountingPrinciples Section2.3(a)ApplicablePercentage Section9.14AuditedFinancialStatements Section3.6(b)BackstopLetter Section9.14BalanceSheet Section3.6(b)BalanceSheetDate Section3.6(c)Business Section9.14

iii

Defined Term Where usedBusinessDay Section9.14Cash Section9.14ClaimNotice Section8.5(a)ClaytonAct Section9.14Closing Section1.2ClosingCash Section2.4(a)ClosingDate Section1.2ClosingIndebtedness Section2.4(a)ClosingLPUnitConsideration Section9.14ClosingNetWorkingCapital Section2.4(a)ClosingSXETransactionExpenses Section2.4(a)ClosingTransactionExpenses Section2.4(a)Code Section9.14ConfidentialDisclosureLetter Section9.14ConfidentialityAgreement Section9.14Consideration Section9.14ContributedCompanies RecitalsContributedCompaniesAssignmentInstrument RecitalsContribution Section1.1CurrentAssets Section9.14CurrentLiabilities Section9.14Damages Section9.14DeMinimisThreshold Section8.4(a)DebtPayoffLetter Section6.5(e)DesignatedAMIDRepresentative Section5.1(a)DeterminationDate Section2.4(c)DirectClaim Section8.5(g)DLLCA Section9.14Dollars Section9.14DRULPA Section9.14DueDiligenceInformation Section8.11(b)(ii)EffectiveTime Section1.2EnvironmentalLaw Section9.14EnvironmentalPermit Section9.14EquityInterests Section9.14EquityPrice Section9.14ERISA Section9.14ERISAAffiliate Section9.14EscrowAgent Section9.14EscrowAgreement Section6.1(c)EstimatedSXETransactionExpenses Section2.3(a)EstimatedCash Section2.3(a)EstimatedIndebtedness Section2.3(a)EstimatedNetWorkingCapital Section2.3(a)EstimatedTransactionExpenses Section2.3(a)ExchangeAct Section9.14ExecutionDate PreambleExistingCreditFacilities Section9.14FederalTradeCommissionAct Section9.14FinalAdjustmentAmount Section2.4(d)(i)Financing Section9.14

iv

Defined Term Where usedFinancingAgreement Section5.11(b)FinancingSources Section9.14FirstCurePeriod Section7.1(f)FormationDate Section9.14Fraud Section9.14FundamentalRepresentations Section9.14FundingFailure Section9.14GAAP Section9.14GeneralIndemnityEscrowFund Section9.14GeneralIndemnityEscrowUnits Section9.14GeneralPartnerUnit Section9.14GeneralSurvivalPeriod Section9.14GovernmentalAuthority Section9.14GPSideAgreement RecitalsGuarantee RecitalsGuarantors Section9.14HazardousSubstance Section9.14HoldingsCompanies Section9.14HoldingsCompany Section9.14HoldingsCompanyIndemnifiedPerson Section5.6(a)HoldingsCompanyIntellectualProperty Section3.16(a)HoldingsCreditAgreement Section9.14HoldingsDirectorApproval Section9.14HoldingsGP RecitalsHoldingsGPAgreement Section9.14HoldingsGPBoard RecitalsHoldingsInsurancePolicies Section3.17HoldingsLP PreambleHoldingsLPAgreement Section9.14HSRAct Section9.14Indebtedness Section9.14IndemnifiedPerson Section8.5(a)IndemnifyingPerson Section8.5(a)IndemnityClaim Section8.5(a)IndemnityEscrowFund Section9.14IndemnityEscrowUnits Section9.14InitialContribution RecitalsInspectingParties Section5.5(d)InspectingParty Section5.5(d)InspectionIndemnitees Section5.5(d)IntercreditorAgreement Section9.14InterimFinancialStatements Section3.6(b)InvestmentAgreement Section9.14JointInstructionLetter Section8.6(b)(i)JointVentureEntities Section9.14Knowledge Section9.14Law Section9.14LeasedRealProperty Section3.15(b)LegalProceeding Section9.14Liens Section9.14MarketingPeriod Section5.12(b)

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Defined Term Where usedMaterialCustomer Section3.20(a)MaterialSupplier Section3.20(b)MaximumAmount Section5.6(c)MultiemployerPlan Section9.14NetWorkingCapital Section9.14NetWorkingCapitalAdjustmentAmount Section9.14NetWorkingCapitalThreshold Section9.14OpenClaims Section5.17OrdinaryCourseofBusiness Section9.14OrganizationalDocuments Section9.14OutsideDate Section7.1(b)(i)PayoffIndebtedness Section9.14Permit Section9.14PermittedLiens Section9.14Person Section9.14Post-ClosingTaxPeriod Section9.14Post-ClosingStatement Section2.4(a)Pre-ClosingTaxPeriod Section9.14Pre-ClosingTaxes Section9.14PreliminarySettlementStatement Section2.3(a)PrivilegedCommunications Section9.13(c)QualifiedBenefitPlan Section3.11(f)QualifiedLiabilities Section5.8(a)QualifiedLiability Section5.8(a)QualifyingNotesPayoffLetter Section5.17(b)RealProperty Section3.15(a)Records Section5.16(b)RelatedParty Section9.14Representatives Section9.14RequiredInformation Section5.12(a)(v)Restraints Section6.1(b)RestrictedPeriod Section5.17ReverseTerminationFee Section9.14.Rights-of-Way Section3.15(d)Sarbanes-OxleyAct Section9.14SEC Section9.14SecondCurePeriod Section7.1(f)SecuritiesAct Section9.14SeniorUnsecuredNotes Section9.14ShermanAct Section9.14SouthcrossBenefitPlans Section9.14SouthcrossCompanyandSouthcrossCompanies Section9.14SouthcrossCompanyIndemnifiedPerson Section5.6(a)SouthcrossCompanyRequiredGovernmentalAuthorizations Section3.5SouthcrossDisclosureSchedule Section9.14SouthcrossEmployee Section5.9(a)SouthcrossIndemnifiedPersons Section8.3SouthcrossLawFirm Section9.13(a)SouthcrossMaterialAdverseEffect Section9.14SouthcrossMaterialContract Section3.14(a)SouthcrossPermits Section3.9(b)

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Defined Term Where usedSouthcrossRequiredGovernmentalAuthorizations Section3.5SpecialIndemnityDamages Section9.14SpecialIndemnityEscrowFund Section9.14SpecialIndemnityEscrowUnits Section9.14SpecialIndemnityMatter Section9.14SpecialIndemnityResolutionDate Section5.17StraddlePeriod Section9.14Subsidiary Section9.14SXE RecitalsSXEAlternativeProposal Section9.14SXEClassBConvertibleUnit Section9.14SXECommonUnit Section9.14SXECompanyandSXECompanies Section9.14SXECreditFacilities Section9.14SXEEquityPlans Section9.14SXEGeneralPartnerInterest Section9.14SXEGeneralPartnerUnits Section9.14SXEGP RecitalsSXEGPLLCAgreement Section9.14SXEIncentiveDistributionRights Section9.14SXELimitedPartnerInterest Section9.14SXELTIP Section9.14SXELTIPUnit Section9.14SXEMerger RecitalsSXEMergerAgreement RecitalsSXEMergerTransactions Section9.14SXEPartnershipAgreement Section9.14SXEPartnershipInterest Section9.14SXEPayoffLetter Section5.16(a)SXERevolvingCreditAgreement Section9.14SXESECDocuments Section3.6(a)SXESubordinatedUnit Section9.14SXETermLoanCreditAgreement Section9.14SXETransactionExpenses Section9.14SXHHoldings RecitalsSXHHoldingsAssignmentInstrument RecitalsSXHHoldingsInterests RecitalsSystems Section3.16(b)TaxorTaxes Section9.14TaxReturn Section9.14TBOC Section9.14TransactionDocuments Section9.14TransactionExpenses Section9.14Transactions Section9.14UnresolvedObjections Section2.4(c)WillfulBreach Section9.14

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CONTRIBUTION AGREEMENT

ThisCONTRIBUTIONAGREEMENT(this“Agreement”),datedasofOctober31,2017(the“ExecutionDate”),isbyandamongSouthcrossHoldingsLP,aDelawarelimitedpartnership(“HoldingsLP”),AmericanMidstreamPartners,LP,aDelawarelimitedpartnership(“AMID”),andAmericanMidstreamGP,LLC,aDelawarelimitedliabilitycompanyandthegeneralpartnerofAMID(“AMIDGP”and,togetherwithAMID,the“AMIDEntities”).

RECITALS

WHEREAS,asoftheExecutionDate,HoldingsLPholdsissuedandoutstandingEquityInterestsineachofSouthcrossHoldingsIntermediaryLLC,aDelawarelimitedliabilitycompany,SouthcrossHoldingsGuarantorGPLLC,aDelawarelimitedliabilitycompany,andSouthcrossHoldingsGuarantorLP,aDelawarelimitedpartnership(collectively,the“ContributedCompanies”);

WHEREAS,immediatelypriortotheEffectiveTime,HoldingsLPwillcontributealloftheEquityInterestsofeachoftheContributedCompaniesheldbyHoldingsLPtoanewly-formedlimitedliabilitycompanythatwillbeawholly-ownedsubsidiaryofHoldingsLP(“SXHHoldings,”andsuchcontribution,the“InitialContribution”)pursuanttoanassignmentinstrumentintheformattachedasExhibitAhereto(“ContributedCompaniesAssignmentInstrument”);

WHEREAS,thepartiesheretodesiretoenterintothisAgreementpursuanttowhich,attheEffectiveTime,HoldingsLPwillcontribute,assign,transferandconveytoAMIDitsApplicablePercentageoftheissuedandoutstandingEquityInterestsinSXHHoldings(the“SXHHoldingsInterests”)fortheconsiderationsetforthbelowandHoldingsLPwillcontribute,assign,transferandconveytoAMIDGPitsApplicablePercentageoftheissuedandoutstandingSXHHoldingsInterestsfortheconsiderationsetforthbelow,subject,ineachcase,tothetermsandconditionsofthisAgreementandpursuanttoanassignmentinstrumentintheformattachedasExhibitBhereto(“SXHHoldingsAssignmentInstrument”);

WHEREAS,attheClosing,AMIDGPwillcontribute,assign,transferandconveytoAMIDalloftheSXHHoldingsInterestsitreceivedfromHoldingsLP;

WHEREAS,theBoardofDirectors(“HoldingsGPBoard”)ofSouthcrossHoldingsGPLLC,aDelawarelimitedliabilitycompany(“HoldingsGP”),has,initscapacityasthegeneralpartnerofHoldingsLP,unanimouslyapprovedtheexecution,deliveryandperformanceofthisAgreementandtheTransactionsbyHoldingsLP;

WHEREAS,inconnectionwiththeTransactions,immediatelypriortotheEffectiveTime,AMIDGPandAMIDdesiretoamendcertainprovisionsin(a)theAMIDPartnershipAgreement(the“AMIDPartnershipAgreementAmendment”)toprovidefor,amongotherthings,authorizingandestablishingthetermsoftheAMIDPreferredUnits,whichamendmentshallbeintheformattachedasExhibitChereto;and(b)theAMIDGPAgreement(the“AMIDGPAgreementAmendment”),toprovidefor,amongotherthings,authorizingtheAMIDGPClassDUnits,alongwithcertainrightsandrestrictionswithrespectthereto,aswillbemorespecificallysetforthintheAMIDGPAgreementAmendment,whichshallbeintheformattachedasExhibitDhereto;

WHEREAS,contemporaneouslywiththeexecutionanddeliveryofthisAgreementandasaconditiontotheparties’willingnesstoenterintothisAgreement,subjecttothetermsandconditionssetforthherein,HoldingsLPandtheAMIDGPMembershaveenteredintoanagreementwithrespectto,amongotherthings,theexecutionanddeliveryoftheAMIDGPAgreementAmendmentatClosingbytheAMIDGPMembers(the“GPSideAgreement”);

WHEREAS,contemporaneouslywiththeexecutionanddeliveryofthisAgreementandasaconditiontotheparties’willingnesstoenterintothisAgreement,subjecttothetermsandconditionssetforthherein,theGuarantorshaveenteredintoanagreementwithrespecttojointlyandseverallyguaranteeingtheperformanceoftheobligationsofHoldingsLPunderSection5.17hereof(the“Guarantee”);

WHEREAS,theAMIDBoardhasunanimouslyapprovedbythevoteofthedirectorspresenttheexecution,deliveryandperformancebyAMIDofthisAgreementandtheTransactionsandtheAMIDPartnershipAgreementAmendment,andthemembersofAMIDGPholdingtheClassAMemberInterests(asdefinedintheAMIDGPAgreement)andClassCMemberInterests(asdefinedintheAMIDGPAgreement)haveapprovedtheexecution,deliveryandperformanceoftheAMIDGPAgreementAmendment;

WHEREAS,concurrentlywiththeexecutionanddeliveryofthisAgreement,AMID,AMIDGP,SouthcrossEnergyPartners,L.P.(“SXE”),SouthcrossEnergyPartnersGP,LLC,thegeneralpartnerofSXE(“SXEGP”),andCherokeeMergerSubLLCareenteringintoanAgreementandPlanofMerger(the“SXEMergerAgreement”)providingthat,uponthetermsandsubjecttotheconditionssetforththerein,immediatelyfollowingtheClosing,SXEwillmergewithandintoawhollyownedsubsidiaryofAMIDwithSXEasthesurvivingentity(the“SXEMerger”);and

WHEREAS,contemporaneouslywiththeexecutionanddeliveryofthisAgreement,eachofAMID’sSeriesAPreferredUnitPartnerandSeriesCPreferredUnitPartner(eachasdefinedintheAMIDPartnershipAgreement)hasdelivereditswrittenconsentapprovingthisAgreement,theSXEMergerAgreement,theAMIDPartnershipAgreementAmendment,andthetransactionscontemplatedherebyandthereby,includingtheContributionandtheSXEMerger,asrequiredundertheAMIDPartnershipAgreement.

NOW,THEREFORE,inconsiderationoftherepresentations,warranties,covenantsandagreementscontainedinthisAgreement,andintendingtobelegallybound,thepartiesagreeasfollows:

ARTICLE ICONTRIBUTION

Section 1.1 Contribution .UponthetermsandsubjecttotheconditionssetforthinthisAgreement,attheClosing,(i)HoldingsLPshallcontribute,assign,transferandconveytoAMID,andAMIDshallacceptfromHoldingsLP,AMID’sApplicablePercentageoftheSXHHoldingsInterests,freeandclearofallLiens,(ii)HoldingsLPshallcontribute,assign,transfer

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andconveytoAMIDGP,andAMIDGPshallacceptfromHoldingsLP,AMIDGP’sApplicablePercentageoftheSXHHoldingsInterests,freeandclearofallLiens(clause(i)andclause(ii),together,the“Contribution”)and(iii)AMIDGPshallcontribute,assign,transferandconveytoAMID,andAMIDshallacceptfromAMIDGP,alloftheSXHHoldingsInterestsitreceivedfromHoldingsLPpursuanttoclause(ii),freeandclearofallLiens.Foradministrativepurposesonly,AMIDGPherebydirectsHoldingsLPtocontributedirectlytoAMIDtheSXHHoldingsIntereststhatAMIDGPisentitledtoreceivepursuanttoclause(ii).

Section 1.2 Closing .TheclosingoftheTransactions(the“Closing”)shalltakeplaceattheofficesofGibson,Dunn&CrutcherLLP,1221McKinneyStreet,Houston,Texas77010at9:00A.M.,localtime,onthesecondBusinessDayafterthesatisfactionorwaiveroftheconditionssetforthinArticleVI(otherthanconditionsthatbytheirnaturearetobesatisfiedattheClosing,butsubjecttothesatisfactionorwaiverofthoseconditions),provided thatsuchdateisnoearlierthanthelaterofApril1,2018andtwoBusinessDaysafterthefinaldayoftheMarketingPeriod,oratsuchotherplace,dateandtimeasHoldingsLPandAMIDshallagree.ThedateonwhichtheClosingactuallyoccursisreferredtoasthe“ClosingDate.”TheClosingshallbecomeeffectiveasof12:01a.m.,easterntimeontheClosingDate(the“EffectiveTime”).

ARTICLE IICONSIDERATION

Section 2.1 Consideration .Subjecttotheadjustmentscontemplatedhereby,AMIDshallissueorpaytheConsiderationassetforthinSection2.2.HoldingsLP,onbehalfofitselfanditsSubsidiaries,herebyacknowledgesandapprovesthecancellationofanySXESecuritiesheldbyanyofthemattheeffectivetimeoftheSXEMergerwithoutconsiderationpursuanttoSection2.1(a)oftheSXEMergerAgreement.

Section 2.2 Closing Issuances, Payments and Deposits .AspartoftheConsideration,attheClosing:

(a)AMIDshall:

(i)issuetoHoldingsLP,anumberofAMIDCommonUnitsequalto:

(A)thequotientof(x)thesumof(i)$185,697,148,plus(ii)theEstimatedCash,minus(iii)theEstimatedIndebtedness,plus(iv)theNetWorkingCapitalAdjustmentAmount,minus(v)theEstimatedTransactionExpensesand(y)theEquityPriceapplicabletotheAMIDCommonUnits;

(B)minustheIndemnityEscrowUnits;

(C)minustheAdjustmentEscrowUnits

(the“AMIDCommonUnitConsideration”)(whichshallbeinnon-certificatedbook-entryformandroundedtothenearestwholeAMIDCommonUnit);

(ii)issuetoHoldingsLP,4,500,000AMIDPreferredUnits(the“AMIDPreferredUnitConsideration”)(whichshallbeinnon-certificatedbook-entryform);

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(iii)issuetoHoldingsLPoptionstopurchase4,500,000AMIDCommonUnits(the“AMIDOptions”)pursuanttotheOptionAgreement,intheformattachedheretoasExhibitG(the“AMIDOptionAgreement”);

(iv)depositwiththeEscrowAgentfordepositintotheAdjustmentEscrowFund,theAdjustmentEscrowUnitsissuedinthenameoftheEscrowAgent,asescrowagentundertheEscrowAgreement,tobeheldanddisbursedbytheEscrowAgentonlyinaccordancewiththeexpresstermsandconditionsofthisAgreementandtheEscrowAgreement;

(v)depositwiththeEscrowAgentfordepositintotheIndemnityEscrowFund,theIndemnityEscrowUnitsissuedinthenameoftheEscrowAgentasescrowagentundertheEscrowAgreement,tobeheldanddisbursedbytheEscrowAgentonlyinaccordancewiththeexpresstermsandconditionsofthisAgreementandtheEscrowAgreement;

(vi)onbehalfoftheSouthcrossCompanies(otherthantheSXECompanies),asapplicable,paytheamountpayabletoeachcounterpartyorholderofPayoffIndebtednessinordertofullydischargesuchPayoffIndebtednessandterminateallapplicableobligationsandliabilitiesoftheSouthcrossCompaniesandanyoftheirAffiliates(otherthantheSXECompanies)relatedthereto,asspecifiedintheDebtPayoffLettersandinaccordancewiththisAgreement;

(vii)toeachpayeeofTransactionExpenses,payanamountsufficienttopaytheEstimatedTransactionExpensesattributabletosuchpayee;and

(viii)toeachpayeeofSXETransactionExpenses,payanamountsufficienttopaytheEstimatedSXETransactionExpensesattributabletosuchpayee.

(b)AMIDGPshallissuetoHoldingsLP3,000AMIDGPClassDUnits(the“AMIDGPClassDUnitConsideration”)(whichshallbeinnon-certificatedbook-entryform).

(c)AMIDshallincreasethecapitalaccountbalanceofAMIDGPbyanamountequaltothevalueoftheAMIDGPClassDUnitConsideration.ThepartiesagreethattheAMIDGPClassDUnitConsiderationhasafairmarketvalueof$9,800,000asoftheClosingDate.

(d)AllpaymentsofcashhereundershallbemadebywiretransferofimmediatelyavailablefundsinUnitedStatesdollarstosuchaccountasmaybedesignatedtothepayorbythepayeeatleasttwoBusinessDayspriortotheapplicablepaymentdate.

Section 2.3 Preliminary Settlement Statement .

(a)NotlaterthanthreeBusinessDayspriortotheClosingDate,HoldingsLPwillprepareanddelivertoAMIDapreliminarysettlementstatement(the“PreliminarySettlementStatement”),whichshallsetforthinreasonabledetailandaccompaniedbysupportingdocumentation,(i)HoldingsLP’sgoodfaithestimateof(A)Cash(the“EstimatedCash”),(B)theaggregateamountrequiredtorepayinfullandextinguishtheaggregateIndebtednessoftheHoldingsCompaniesotherthantheSXECompanies,whichshallbebasedontheDebtPayoffLetterstotheextentapplicabletoPayoffIndebtedness(the“EstimatedIndebtedness”),

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(C)NetWorkingCapital(the“EstimatedNetWorkingCapital”),(D)allTransactionExpensesthatareaccruedordueandremainunpaid,orremainunreimbursedbyHoldingsLP,orTransactionExpensesthathavebeenpaidbyanySXECompany(withoutreimbursementbyHoldingsLPoranyHoldingsCompany(otherthanaSXECompany)toanSXECompany)(the“EstimatedTransactionExpenses”)and(E)allSXETransactionExpensesthatareaccruedordueandremainunpaid,orremainunreimbursedbySXE,orSXETransactionExpensesthathavebeenpaidbyHoldingsGP,HoldingsLPoranyHoldingsCompany(otherthananSXECompany)(withoutreimbursementbyanSXECompanytoHoldingsGP,HoldingsLPoranyHoldingsCompany(otherthananSXECompany))(the“EstimatedSXETransactionExpenses”)(witheachofEstimatedCash,EstimatedIndebtedness,EstimatedNetWorkingCapital,EstimatedTransactionExpensesandEstimatedSXETransactionExpensesdeterminedasof11:59PM(CentralTime)onthedayimmediatelyprecedingtheClosingDate,and,exceptforEstimatedTransactionExpensesandEstimatedSXETransactionExpenses,withoutgivingeffecttotheTransactionsortheSXEMergerTransactions)and(ii)onthebasisoftheforegoing,acalculationoftheAMIDCommonUnitConsideration.EstimatedCash,EstimatedIndebtednessandEstimatedNetWorkingCapitalshallbecalculatedinaccordancewithGAAPandonabasisconsistentwiththepreparationoftheBalanceSheet(provided thatintheeventofaconflictbetweenGAAPandconsistentapplicationthereof,GAAPshallprevail),subjecttosuchdifferencesinaccountingprinciples,policiesandproceduresasaresetforthonSchedule2.3(a)(the“ApplicableAccountingPrinciples”).

(b)ThePreliminarySettlementStatementshallbesubjecttoAMID’sapproval,whichshallnotbeunreasonablywithheld,conditionedordelayed,andtheapprovedPreliminarySettlementStatementshallbeusedforpurposesofdeterminingtheamountspaidhereunderontheClosingDate;provided, however ,thatAMID’sapprovalofsuchamountsshallnotlimitorotherwiseaffectAMID’sremediesunderthisAgreementorconstituteacknowledgementofAMIDoftheaccuracythereof.IfAMIDdoesnotobjecttothePreliminarySettlementStatementbytheopeningofbusinessontheBusinessDaynextprecedingtheClosingDate,thenthePreliminarySettlementStatementshallbesodeemedapprovedbyAMID.

Section 2.4 Post-Closing Adjustment of the Consideration .

(a)Notlaterthanthe90thdayfollowingtheClosingDate,AMIDwillprepareanddelivertoHoldingsLPastatement(the“Post-ClosingStatement”)settingforthacalculationoftheactual(i)Cash(the“ClosingCash”),(ii)aggregateamountrequiredtorepayinfullandextinguishtheaggregateIndebtednessoftheHoldingsCompaniesotherthantheSXECompanies(the“ClosingIndebtedness”),(iii)NetWorkingCapital(the“ClosingNetWorkingCapital”),(iv)allTransactionExpensesthatareaccruedordueandremainunpaid,orremainunreimbursedbyHoldingsLP,orTransactionExpensesthathavebeenpaidbyanySXECompany(withoutreimbursementbyHoldingsLPoranyHoldingsCompany(otherthanaSXECompany)toanSXECompany)(the“ClosingTransactionExpenses”)and(v)allSXETransactionExpensesthatareaccruedordueandremainunpaid,orremainunreimbursedbySXE,orSXETransactionExpensesthathavebeenpaidbyHoldingsGP,HoldingsLPoranyHoldingsCompany(otherthananSXECompany)(withoutreimbursementbyanSXECompanytoHoldingsGP,HoldingsLPoranyHoldingsCompany(otherthananSXECompany))(“ClosingSXETransactionExpenses”)(witheachofClosingCash,ClosingIndebtedness,ClosingNetWorkingCapital,ClosingTransactionExpensesandClosingSXETransaction

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Expenses,determinedasof11:59pmonthedayimmediatelyprecedingtheClosingDateand,exceptforClosingTransactionExpensesandClosingSXETransactionExpenses,withoutgivingeffecttotheTransactionsortheSXEMergerTransactions).ClosingCash,ClosingIndebtednessandClosingNetWorkingCapitalshallbecalculatedinaccordancewiththeApplicableAccountingPrinciples.Forpurposesofclarity,thereshallbenoduplicationofitemsamongthecategoriesofCurrentLiabilities,Indebtedness,TransactionExpensesandSXETransactionExpenses.Duringthe30-dayperiodfollowingthedeliveryofthePost-ClosingStatement,uponreasonablenotice,AMIDshallprovideHoldingsLPanditsRepresentativeswithreasonableaccessduringnormalbusinesshourstotherecordsandemployeesofAMIDanditsAffiliates(includingSXHHoldings)andshallcausetheemployeesofAMIDanditsAffiliates(includingSXHHoldings)tocooperateinallreasonablerespectswithHoldingsLPinconnectionwithitsreviewofsuchworkpapersandotherdocumentsandinformationrelatingtothecalculationssetforthonthePost-ClosingStatementasHoldingsLPshallreasonablyrequestandthatareavailabletoAMIDanditsAffiliatesortheirRepresentatives.Notlaterthanthe30thdayfollowingreceiptofthePost-ClosingStatementhereunder,HoldingsLPmaydelivertoAMIDawrittennotice(an“AdjustmentNotice”)containinganychangesHoldingsLPproposestobemadeinthePost-ClosingStatement.SuchAdjustmentNoticewilldescribethenatureandamountofanysuchdisagreementinreasonabledetailandshallbeaccompaniedbysuchsupportingdocumentationasisavailabletoHoldingsLP.IfHoldingsLPdoesnotdelivertoAMIDanAdjustmentNoticewithinsuch30-dayperiod,thenHoldingsLPwillbedeemedtohaveirrevocablyacceptedandagreedtoallitemsinthePost-ClosingStatement.IfHoldingsLPdoestimelydelivertoAMIDanAdjustmentNotice,thenHoldingsLPwillbedeemedtohaveacceptedandagreedtoallitemsinthePost-ClosingStatement,otherthansuchmattersthatarespecificallydisputedinsuchAdjustmentNotice.AMIDandHoldingsLPwillundertaketoagreeontheFinalAdjustmentAmountnolaterthan30daysafterdeliveryofanyAdjustmentNoticeinaccordancewiththeforegoing.

(b)IfanAdjustmentNoticeistimelydeliveredtoAMIDinaccordancewithSection2.4(a)andtheFinalAdjustmentAmountismutuallyagreeduponinwritingbyHoldingsLPandAMIDduringsuch30dayperiod,thentheFinalAdjustmentAmountassoagreedwillbeconsideredconclusiveandbindingontheparties.

(c)IfanAdjustmentNoticeistimelydeliveredtoAMIDinaccordancewithSection2.4(a)andtheFinalAdjustmentAmountisnotmutuallyagreeduponbyHoldingsLPandAMIDduringthe30-dayperiod,thenGrantThorntonLLP(the“AccountingFirm”)willbeengagedbyAMIDandHoldingsLPtoresolveanydisagreements(the“UnresolvedObjections”).IfsuchaccountingfirmdoesnotagreetoserveastheAccountingFirmwithin10daysafterwrittenrequestfromAMIDandHoldingsLPtoserve,thenAMIDandHoldingsLPwillmutuallyselectandengageanalternativeinternationallyrecognizedindependentaccountingfirm,orifAMIDandHoldingsLPareunabletoagreewithin10daysuponsuchfirmorsuchfirmdeclinestoserveastheAccountingFirm,theneachwillselectaninternationallyrecognizedindependentaccountingfirm,whowillthenselectathirdinternationallyrecognizedindependentaccountingfirm,whoisindependentoftheparties,whichthirdfirmwillthenserveasthesoleAccountingFirmhereunder.InconnectionwiththeengagementoftheAccountingFirm,AMIDandHoldingsLPwillexecutesuchengagement,indemnityandotheragreementsastheAccountingFirmmayreasonablyrequireasaconditiontosuchengagement.TheAccountingFirmwilldetermineaspromptlyaspracticable,butinanyeventwithinthe30daysafterthe

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selectionoftheAccountingFirmandexecutionanddeliveryofsuchengagement,indemnityorotheragreements,basedsolelyon(i)awrittensubmissionprovidedbyeachofAMIDandHoldingsLPtotheAccountingFirmwithintendaysfollowingtheAccountingFirm’sselection(andwithoutindependentinvestigationonthepartoftheAccountingFirm)and(ii)thetermsandprovisionsofthisAgreement,whetherthePost-ClosingStatementrequiresadjustment.TheAccountingFirmshallbeauthorizedtoresolveonlytheUnresolvedObjections,withintherangeofthedifferencebetweenAMID’spositionwithrespecttheretoandHoldingsLP’spositionwithrespectthereto.InresolvingtheUnresolvedObjections,theAccountingFirmwillbefunctioningasanexpertandnotanarbitrator.AMIDandHoldingsLPwilleachbearitsownlegalfeesandothercostsofpresentingitscasetotheAccountingFirm.ThefeesandexpensesoftheAccountingFirmandofanyenforcementofthedeterminationthereof,shallbebornebyHoldingsLPandAMIDininverseproportionastheymayprevailonthemattersresolvedbytheAccountingFirm,whichproportionateallocationshallbecalculatedonanaggregatebasisbasedontherelativedollarvaluesoftheamountsindisputeandshallbedeterminedbytheAccountingFirmatthetimethedeterminationofsuchfirmisrenderedonthemeritsofthematterssubmitted.ThedeterminationoftheAccountingFirmwithrespecttosuchdisputewillbefinal,conclusiveandbindingontheparties.ThedateonwhichtheFinalAdjustmentAmountisfinallydeterminedinaccordancewiththisSection2.4isreferredtoasthe“DeterminationDate.”

(d)TheConsiderationshallbeadjusted,upwardsordownwards,asfollows:

(i)ForthepurposesofthisAgreement,the“FinalAdjustmentAmount”meansanamount,whichmaybepositiveornegative,equalto(A)theClosingCashasfinallydeterminedpursuanttothisSection2.4minustheEstimatedCash,plus(B)theEstimatedIndebtednessminustheClosingIndebtednessasfinallydeterminedpursuanttothisSection2.4,plus(C)theClosingNetWorkingCapitalasfinallydeterminedpursuanttothisSection2.4minustheEstimatedNetWorkingCapital,plus(D)theEstimatedTransactionExpensesminustheClosingTransactionExpensesasfinallydeterminedpursuanttothisSection2.4;

(ii)IftheFinalAdjustmentAmountispositive,thentheAMIDCommonUnitConsiderationshallbeadjustedupwardsinanamountequaltotheFinalAdjustmentAmount.Insuchevent,withinfiveBusinessDaysoftheDeterminationDate,(A)AMIDshallissuetoHoldingsLPanamountofAMIDCommonUnitsequaltothequotientoftheFinalAdjustmentAmountdividedbytheapplicableEquityPrice(whichshallbeinnon-certificatedbook-entryformandroundedtothenearestwholeAMIDCommonUnit)and(B)AMIDandHoldingsLPshalldeliveraJointInstructionLettertotheEscrowAgentdirectingtheEscrowAgenttoreleaseallAMIDCommonUnits(togetherwithcashfromanydistributionspaidinrespectofsuchAMIDCommonUnits)intheAdjustmentEscrowFundtoHoldingsLP;and

(iii)IftheFinalAdjustmentAmountisnegative(inwhichcasethe“FinalAdjustmentAmount”forpurposesofthisclause(iii)shallbedeemedtobeequaltotheabsolutevalueofsuchamount),theAMIDCommonUnitConsiderationshallbeadjusteddownwardsinanamountequaltotheFinalAdjustmentAmount.Insuchevent,withinfiveBusinessDaysoftheDeterminationDate,AMIDandHoldingsLPshalldeliveraJointInstructionLettertotheEscrowAgentdirectingtheEscrowAgenttoreleasetoAMIDoutoftheAdjustmentEscrowFundinaccordancewiththetermsoftheEscrowAgreementthenumberof

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AMIDCommonUnitsequaltothequotientoftheFinalAdjustmentAmountdividedbytheapplicableEquityPrice(roundedtothenearestwholeAMIDCommonUnits),togetherwithcashfromanydistributionspaidinrespectofsuchreleasedAMIDCommonUnits.IfthenumberofAMIDCommonUnitsintheAdjustmentEscrowFundisinsufficienttocovertheentireamountpayabletoAMIDpursuanttothisSection2.4(d)(iii),AMIDandHoldingsLPshalldeliveraJointInstructionLettertotheEscrowAgentdirectingtheEscrowAgenttoreleasethedeficiencytoAMIDfromtheGeneralIndemnityEscrowFund,togetherwithcashfromanydistributionspaidinrespectoftheAMIDCommonUnitssoreleasedfromtheGeneralIndemnityEscrowFund.IfthenumberofAMIDCommonUnitsintheAdjustmentEscrowFundexceedsthenumberrequiredtocovertheFinalAdjustmentAmount,AMIDandHoldingsLP,intheJointInstructionLetterdeliveredbyAMIDandHoldingsLPtotheEscrowAgent,shallalsodirecttheEscrowAgent,afterreleasingtheFinalAdjustmentAmount,togetherwithcashfromanydistributionspaidinrespectofsuchreleasedAMIDCommonUnits,toAMIDasprovidedherein,tothenreleaseandtransfertheremainingAMIDCommonUnits(togetherwithanycashfromanydistributionspaidinrespectofsuchremainingAdjustmentEscrowUnits)intheAdjustmentEscrowFundtoHoldingsLP.

(iv)AfterClosing,AMIDwill,orwillcauseitsSubsidiariesto,payanyTransactionExpensesandSXETransactionExpensestotheextentsuchTransactionExpensesandSXETransactionExpensesremainunpaidafterClosingandwerereflectedasTransactionExpensesorSXETransactionExpensesonthePost-ClosingStatement,asfinallydetermined.

Section 2.5 Withholding Tax .AMIDshalldeductandwithholdfromtheconsiderationotherwisepayablepursuanttothisAgreementtoHoldingsLPsuchamountsasarerequiredtobedeductedandwithheldwithrespecttothemakingofsuchpaymentundertheInternalRevenueCodeof1986,asamended(the“Code”),andtherulesandregulationspromulgatedthereunder,orunderanyprovisionofapplicablestate,localorforeignTaxLaw(andtotheextentdeductionandwithholdingisrequired,suchdeductionandwithholdingshallbetakeninAMIDCommonUnits,AMIDPreferredUnitsorAMIDGPClassDUnits,asapplicable).TotheextentamountsaresowithheldandpaidovertotheappropriateTaxauthority,suchwithheldamountsshallbetreatedforthepurposesofthisAgreementashavingbeenpaidtoHoldingsLPinrespectofwhomsuchwithholdingwasmade.IfwithholdingistakeninAMIDCommonUnits,AMIDPreferredUnitsorAMIDGPClassDUnits,AMIDorAMIDGP,asapplicable,shallbetreatedashavingsoldsuchconsiderationforanamountofcashequaltothefairmarketvalueofsuchconsiderationatthetimeofsuchdeemedsaleandpaidsuchcashproceedstotheappropriateTaxauthority.

ARTICLE IIIREPRESENTATIONS AND WARRANTIES REGARDING THE SOUTHCROSS COMPANIES

Exceptasdisclosedin(a)withrespecttoanyrepresentationsorwarrantiesthatrelatetoaSXECompany,theSXESECDocumentsfiledwiththeSEConorafterDecember31,2014andpriortothedateofthisAgreement(butexcludinganydisclosurecontainedinanysuchSXESECDocumentsundertheheading“RiskFactors”or“Forward-LookingInformation”orsimilarheading(otherthananyhistorical,factualinformationcontainedwithinsuchheadings,disclosuresorstatements))or(b)theSouthcrossDisclosureSchedule,HoldingsLPrepresentsandwarrantstoAMID,asofthedateofthisAgreementandasoftheClosing,asfollows:

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Section 3.1 Organization, Standing and Power .EachoftheSouthcrossCompaniesisalegalentitydulyorganized,validlyexistingandingoodstandingundertheLawsofthejurisdictioninwhichitisincorporated,formedororganized,asapplicable,andhasallrequisitecorporate,partnership,limitedliabilitycompanyorotherapplicablepowerandauthoritynecessarytoownorleaseallofitspropertiesandassetsandtocarryonitsbusinessasitisnowbeingconducted.EachoftheSouthcrossCompaniesisdulylicensedorqualifiedtodobusinessandisingoodstandingineachjurisdictioninwhichthenatureofthebusinessconductedbyitorthecharacterorlocationofthepropertiesandassetsownedorleasedbyitmakessuchlicensingorqualificationnecessary,exceptwherethefailuretobesolicensed,qualifiedoringoodstandingwouldnot,individuallyorintheaggregate,haveaSouthcrossMaterialAdverseEffect.HoldingsLPhasmadeavailabletoAMIDacompleteandcorrectcopyofthecertificateofincorporationandbylawsorequivalentOrganizationalDocuments,eachasamendedtodate,ofeachoftheHoldingsCompanies.Suchdocumentsareinfullforceandeffect,andnoneoftheHoldingsCompaniesisinmaterialbreachorviolationofanyoftheprovisionsthereof.

Section 3.2 Authorization; Enforceability .

(a)Theexecution,deliveryandperformanceofthisAgreementandeachoftheotherTransactionDocumentstowhichHoldingsLPoritsAffiliatesareorwillbeaparty,andtheconsummationoftheTransactions,havebeendulyandvalidlyauthorizedbytheHoldingsGPBoard,onbehalfofHoldingsGP,initscapacityasgeneralpartnerofHoldingsLP,byHoldingsDirectorApprovalandbyallothernecessaryactionofHoldingsGP,HoldingsLPandtheirrespectiveAffiliates,asapplicable.

(b)ThisAgreementhasbeendulyexecutedanddeliveredbyHoldingsLP,and,asoftheClosing,eachoftheotherTransactionDocumentstowhichHoldingsLPoranyofitsAffiliates,willbeapartywillbedulyexecutedanddeliveredbyeachofHoldingsLPanditsAffiliates,andwillconstitute,assumingthedueauthorization,executionanddeliveryofsuchTransactionDocuments,asapplicable,bytheotherPersons(otherthantheSouthcrossCompanies)thatarepartythereto,thelegal,validandbindingobligationsofHoldingsLPanditsAffiliates,asapplicable,enforceableagainstHoldingsLPandsuchAffiliates,asapplicable,inaccordancewiththeirrespectiveterms,exceptassuchenforceabilitymaybelimitedbybankruptcy,insolvency,fraudulenttransfer,reorganization,moratoriumorotherLawsrelatingtooraffectingcreditors’rightsgenerallyorbyequitableprinciples(regardlessofwhetherenforcementissoughtatlaworinequity).

(c)FollowingtheFormationDate,theexecution,deliveryandperformanceofeachoftheTransactionDocumentstowhichSXHHoldingswillbeaparty,andtheconsummationoftheTransactions,willhavebeendulyandvalidlyauthorizedbySXHHoldings.EachoftheTransactionDocumentstowhichSXHHoldingswillbeapartywillbedulyexecutedanddeliveredbySXHHoldings,andwillconstitute,assumingthedueauthorization,executionanddeliveryofsuchTransactionDocuments,asapplicable,bytheotherPersonsthatarepartythereto(otherthantheSouthcrossCompanies),thelegal,validandbindingobligationsofSXHHoldings,asapplicable,enforceableagainstSXHHoldingsinaccordance

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withtheirrespectiveterms,exceptassuchenforceabilitymaybelimitedbybankruptcy,insolvency,fraudulenttransfer,reorganization,moratoriumorotherLawsrelatingtooraffectingcreditors’rightsgenerallyorbyequitableprinciples(regardlessofwhetherenforcementissoughtatlaworinequity).

Section 3.3 Capitalization .

(a)ExceptassetforthonSouthcrossDisclosureSchedule3.3(a),ontheFormationDate,theSXHHoldingsInterestswillbedulyauthorized,validlyissued,fullypaidandnonassessable(exceptassuchnonassessabilitymaybeaffectedbySections18-303,18-607or18-804oftheDLLCA)anddirectlyownedbyHoldingsLP,freeandclearofallLiens.FromtheFormationDateuntiltheInitialContribution,HoldingsLPwillbethesolerecordandbeneficialownerofalloftheSXHHoldingsInterestsandnootherEquityInterestsofSXHHoldingswillbeauthorized,issuedoroutstanding.

(b)AsofthecloseofbusinessonOctober30,2017,SXEhasnoSXEPartnershipInterestsorotherpartnershipinterestsorequityinterestsissuedandoutstanding,otherthan:(i)48,614,187SXECommonUnits;(ii)12,213,713SXESubordinatedUnits;(iii)18,019,811SXEClassBConvertibleUnits;(iv)theSXEIncentiveDistributionRights;and(v)1,609,137SXEGeneralPartnerUnits.AsofthecloseofbusinessonOctober30,2017,5,325,788SXELTIPUnitswerereservedforissuanceundertheSXEEquityPlans.ExceptassetforthonSouthcrossDisclosureSchedule3.3(b),alloutstandingSXECommonUnits,SXESubordinatedUnits,SXEClassBConvertibleUnits,theSXEIncentiveDistributionRightsandSXEGeneralPartnerUnitshavebeendulyauthorizedandvalidlyissuedandarefullypaid,nonassessable(exceptassuchnonassessabilitymaybeaffectedbymattersdescribedinSections17-303,17-607and17-804oftheDRULPA)andfreeofpreemptiverights.Except(A)assetforthaboveinthisSection3.3(b),(B)asotherwisepermittedbySection5.1(a)ofthisAgreementorSection5.2(a)oftheSXEMergerAgreementor(C)assetforthonSouthcrossDisclosureSchedule3.3(b),asofthedateofthisAgreementtherearenot,and,asoftheEffectiveTimetherewillnotbe,anySXEPartnershipInterestsorotherpartnershipinterests,votingsecuritiesorotherequityinterestsofSXEissuedandoutstandingoranysubscriptions,options,warrants,calls,convertibleorexchangeablesecurities,rights,commitmentsoragreementsofanycharacterprovidingfortheissuanceofanySXEPartnershipInterestsorotherpartnershipinterests,votingsecuritiesorotherequityinterestsofSXE,includinganyrepresentingtherighttopurchaseorotherwisereceiveanyoftheforegoingoranybonddebentureorotherindebtednesshavingtherighttovoteorconvertible,exchangeableorexercisableforsecuritieshavingtherighttovote.NoneofHoldingsLP,HoldingsGPnoranyholdersofClassA-IUnits(asdefinedintheHoldingsLPAgreement)holdsanySXESecurities(asdefinedintheSXEMergerAgreement)directly,andasoftheClosing,allSXESecuritiesbeneficiallyownedbyHoldingsLPorHoldingsGPwillbeheldbySXHHoldingsoroneofitsSubsidiaries.

(c)SouthcrossDisclosureSchedule3.3(c)(i)setsforth,foreachHoldingsCompany(excludingSXHHoldings),theSouthcrossCompaniesthatarerecordandbeneficialholdersofitsoutstandingmembershipinterests,limitedpartnershipinterestsorotherEquityInterests,andtheamountandtypeofEquityInterestsownedorheldbysuchrecordandbeneficialholders.Alloftheoutstandingmembershipinterests,limitedpartnershipinterestsor

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otherEquityInterestsofeachsuchHoldingsCompany(includingtheSXHHoldingsInterestsaftertheFormationDate)havebeendulyauthorizedandvalidlyissued,arefullypaidandnonassessable(exceptassuchnonassessabilitymaybeaffectedbySections18-303,18-607or18-804oftheDLLCA,Sections17-303,17-607or18-704oftheDRULPA,orSections101.114,101.153,101.206,153.102,153.112,153.202and153.210oftheTBOC)and,exceptassetforthonSouthcrossDisclosureSchedule3.3(c)(ii),areownedbyHoldingsLP,directlyorindirectly,freeandclearofallLiens.

(d)ExceptassetforthinSouthcrossDisclosureSchedule3.3(d)orintheOrganizationalDocumentsoftheHoldingsCompanies,therearenotanysubscriptions,options,warrants,calls,convertibleorexchangeablesecurities,rights,commitmentsoragreementsofanycharacterprovidingfortheissuanceofanyEquityInterestsofanyHoldingsCompanynorisanyHoldingsCompanyunderanycurrentorprospectiveobligationtoformorparticipatein,providefundsto,makeanyloan,capitalcontributionorotherinvestmentinanyPerson.Allofthemembershipinterests,limitedpartnershipinterestsorotherEquityInterestsofeachHoldingsCompanyhavebeenissuedbytheHoldingsCompaniesincompliancewithallapplicablefederalandstatesecuritieslaws.Nomembershipinterests,limitedpartnershipinterestsorotherEquityInterestsoftheHoldingsCompanieshavebeenissuedinviolationofanyrights,agreements,arrangementsorcommitmentsunderanyprovisionofapplicableLaw,theirrespectiveOrganizationalDocumentsoranycontracttowhichanyoftheHoldingsCompaniesisapartyorbywhichanyoftheHoldingsCompaniesisbound.ExceptassetforthonSouthcrossDisclosureSchedule3.3(d)andintheOrganizationalDocumentsoftheHoldingsCompanies,noneoftheEquityInterestsoftheHoldingsCompaniesaresubjecttoanyvotingtrust,memberorpartnershipagreementorvotingagreementorotheragreementtowhichaHoldingsCompanyorHoldingsLPisapartywithrespecttoanypurchase,sale,issuance,transfer,repurchase,redemptionorvotingofanyEquityInterestsoftheHoldingsCompanies.

Section 3.4 No Conflict .ExceptassetforthinSouthcrossDisclosureSchedule3.4,assumingreceiptoftheSouthcrossRequiredGovernmentalAuthorizations,theexecutionanddeliveryofthisAgreementbyHoldingsLPand,asoftheClosing,theotherTransactionDocumentsbyHoldingsLPandanyotherHoldingsCompanythatisorwillbepartytheretoandtheperformancebyHoldingsLPandanyotherHoldingsCompanyoftheirrespectiveobligationshereunderandthereunder,willnotresultin(a)anyconflictwiththeOrganizationalDocumentsofanySouthcrossCompany,(b)anybreachorviolationofordefault(oraneventthat,withnoticeorlapseoftimeorboth,wouldbecomeadefault)under,orconstituteorgiverisetoaterminationorrightoftermination,amendment,modification,accelerationorcancellationofanySouthcrossMaterialContract,(c)aviolationof,conflictwithordefaultunderanyLaworPermittowhichanySouthcrossCompanyissubjectorbywhichanyofthepropertiesorassetsoftheSouthcrossCompaniesarebound,(d)thecreationinanyPersonoftherighttoallowtheimpositionofanyfeesorpenalties,requiretheofferingormakingofanypaymentorredemption,giverisetoanyincreased,guaranteed,acceleratedoradditionalrightsorentitlementsofanyPersonorotherwiseadverselyaffecttherightsoftheSouthcrossCompaniesor(e)anyLiensontheassetsoftheSouthcrossCompanies(otherthanPermittedLiens),except,inthecaseofeachoftheforegoingclauses(b),(c)or(d)aswouldnot,individuallyorintheaggregate,bematerialtotheHoldingsCompaniestakenasawhole.

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Section 3.5 Governmental Authorizations .Except(a)assetforthonSouthcrossDisclosureSchedule3.5or(b)filingsrequiredunder,andcompliancewithotherapplicablerequirementsof,theHSRAct(collectively,the“SouthcrossRequiredGovernmentalAuthorizations”),noconsentsorapprovalsof,orfilings,declarationsorregistrationswith,anyGovernmentalAuthoritybyHoldingsLPoranyofitsAffiliatesarenecessaryfortheexecution,deliveryandperformanceofthisAgreementbyHoldingsLP,andtheconsummationbyHoldingsLPoftheTransactions,otherthansuchotherconsents,waiversorapprovals,filings,declarationsorregistrationsthat,ifnotobtained,madeorgiven,wouldnot,individuallyorintheaggregate,reasonablybeexpectedtopreventormateriallyimpede,interferewith,hinderordelaytheconsummationoftheTransactions,ortheabilityofHoldingsLPtofulfillitsobligationshereunderorundertheotherTransactionDocumentstowhichitisorwillbeapartyasoftheClosing.

Section 3.6 Financial Statements; Undisclosed Liabilities .

(a)SXEhasfiledandfurnishedallreports,schedules,forms,certifications,prospectuses,andregistration,proxyandotherstatementsrequiredtobefiledbyitwiththeSECsinceDecember31,2014(collectivelyandtogetherwithalldocumentsfiledonavoluntarybasisonForm8-K,andineachcaseincludingallexhibitsandschedulestheretoanddocumentsincorporatedbyreferencetherein,the“SXESECDocuments”).TheSXESECDocuments,asoftheirrespectiveeffectivedates(inthecaseoftheSXESECDocumentsthatareregistrationstatementsfiledpursuanttotherequirementsoftheSecuritiesAct)andasoftheirrespectiveSECfilingdates(inthecaseofallotherSXESECDocuments),or,ifamended,asfinallyamendedpriortothedateofthisAgreement,compliedinallrespectswiththerequirementsoftheExchangeAct,theSecuritiesActandtheSarbanes-OxleyAct,asthecasemaybe,applicabletosuchSXESECDocuments,anddidnotcontainanyuntruestatementofamaterialfact,oromittostateamaterialfactrequiredtobestatedthereinornecessaryinordertomakethestatementsmade,inlightofthecircumstancesunderwhichtheyweremade,notmisleading.AsofthedateofthisAgreement,therearenooutstandingorunresolvedcommentsreceivedfromtheSECstaffwithrespecttotheSXESECDocuments.TotheKnowledgeofHoldingsLP,noneoftheSXESECDocumentsisthesubjectofongoingSECrevieworinvestigation.

(b)TheauditedconsolidatedbalancesheetofHoldingsLPanditsconsolidatedsubsidiariesasofDecember31,2016and2015andtherelatedconsolidatedstatementsofoperations,partners’capitalandnoncontrollinginterests,andcashflowsfortheyearsthenended(collectively,the“AuditedFinancialStatements”)andtheunauditedconsolidatedbalancesheetofHoldingsLPanditsconsolidatedsubsidiariesasofJune30,2017(the“BalanceSheet”),therelatedconsolidatedstatementsofoperations,partners’capitalandnoncontrollinginterests,andcashflowsfortheperiodthenended(“InterimFinancialStatements”)havebeenmadeavailabletoAMID,andhavebeenpreparedinaccordancewiththebooksandrecordsofHoldingsLPanditsconsolidatedsubsidiariesandGAAPappliedonaconsistentbasisduringtheperiodsinvolved(exceptasmaybeindicatedinthenotesthereto)andfairlypresent,inallmaterialrespects,theconsolidatedfinancialpositionofHoldingsLPanditsconsolidatedsubsidiariesasofthedatesthereofandtheconsolidatedresultsoftheiroperations,cashflowsandchangesinpartners’equityofHoldingsLPfortheperiodsthenended.

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(c)Except(i)asreflectedorotherwisereservedagainstontheBalanceSheetasofJune30,2017(the“BalanceSheetDate”)(includingthenotesthereto)thathasbeenmadeavailabletoAMID,(ii)fordebts,liabilitiesandobligationsincurredsincetheBalanceSheetDateintheOrdinaryCourseofBusiness,(iii)fordebts,liabilitiesandobligationsthatarenotindividuallyorintheaggregatematerialtotheSouthcrossCompaniestakenasawhole,and(iv)assetforthonSouthcrossDisclosureSchedule3.6(c),noneoftheHoldingsCompanieshasanyliabilitiesorobligationsofanynature(whetherornotaccruedorcontingentorotherwise,whetherknownorunknown,andwhetherornotrequiredbyGAAPtobereflectedorreservedagainstonaconsolidatedbalancesheetoftheHoldingsCompaniespreparedinaccordancewithGAAPorthenotesthereto).

Section 3.7 Absence of Certain Changes or Events .

(a)SincetheBalanceSheetDate,therehasnotbeenaSouthcrossMaterialAdverseEffect.

(b)SincetheBalanceSheetDate,(i)exceptforthisAgreement,theSXEMergerAgreement,theTransactionsandtheSXEMergerTransactions,theSouthcrossCompanieshaveconductedandoperatedtheirrespectivebusinessesinallmaterialrespectsintheOrdinaryCourseofBusinessand(ii)noneoftheSouthcrossCompanieshastakenanyactiondescribedinSection5.1(a)that,iftakenafterthedateofthisAgreementandpriortotheClosingDatewithoutthepriorwrittenconsentofAMID,wouldbreachorviolatesuchprovision.

Section 3.8 Legal Proceedings .ExceptassetforthonSouthcrossDisclosureSchedule3.8(a),therearenoLegalProceedingspending,or,totheKnowledgeofHoldingsLP,threatened,againstorinvolvinganySouthcrossCompanythat(a)individuallyorintheaggregate,challengethevalidityorenforceabilityoftheobligationsofHoldingsLPinthisAgreement,(b)seekto,orwouldreasonablybeexpectedto,prevent,delayorotherwisewouldreasonablybeexpectedtomateriallyandadverselyaffecttheconsummationbyHoldingsLPoftheTransactionsor(c)areotherwise,individuallyorintheaggregate,materialtotheHoldingsCompanies.ExceptassetforthonSouthcrossDisclosureSchedule3.8(b),therearenooutstandingorunsatisfiedorders,judgmentsordecreesagainstanyHoldingsCompany.

Section 3.9 Compliance with Laws; Permits .

(a)ExceptassetforthonSouthcrossDisclosureSchedule3.9(a),theHoldingsCompaniesare,andsinceSeptember30,2014havebeen,incomplianceinallmaterialrespectswithandarenotinmaterialdefaultunderorinmaterialviolationofanyapplicableLaws.

(b)TheHoldingsCompaniesareinpossessionofallPermitsnecessaryfortheHoldingsCompaniestoown,leaseandoperatetheirpropertiesandassetsortocarryontheirbusinessesinallmaterialrespectsastheyarenowbeingconducted(the“SouthcrossPermits”).AllSouthcrossPermitsareinfullforceandeffectand,exceptassetforthonSouthcrossDisclosureSchedule3.5,willcontinuetobeinfullforceandeffectonmateriallyidenticaltermsimmediatelyfollowingtheClosing.NosuspensionorcancellationofanyoftheSouthcrossPermitsispendingor,totheKnowledgeofHoldingsLP,threatened.TheHoldingsCompaniesarenot,andsinceSeptember30,2014havenotbeen,inviolationorbreachof,ordefaultunder,anySouthcrossPermitinanymaterialrespect.

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Section 3.10 Tax Matters .ExceptassetforthonSouthcrossDisclosureSchedule3.10:

(a)AllTaxReturnsthatwererequiredtobefiledbyorwithrespecttotheHoldingsCompaniesandtheassetsandoperationsoftheHoldingsCompanieshavebeendulyandtimelyfiled(takingintoaccountanyextensionoftimewithinwhichtofile)andallsuchTaxReturnsaretrue,accurateandcompleteinallmaterialrespects.Allitemsofincome,gain,loss,deductionandcreditorotheritemsrequiredtobeincludedineachsuchTaxReturnhavebeensoincluded.AllTaxesowedbyorwithrespecttotheHoldingsCompanies,andtheassetsandoperationsoftheHoldingsCompaniesthatareorhavebecomeduehavebeentimelypaidinfulloranadequatereserveforthepaymentofsuchTaxeshasbeenestablished.

(b)Therearenoaudits,examinations,investigationsorotherLegalProceedingspendingorthreatenedwithrespecttoTaxesorwithrespecttoanyTaxReturnoforwithrespecttotheHoldingsCompanies,andtheassetsandoperationsoftheHoldingsCompanies.

(c)AllamountsrequiredtobecollectedorwithheldbytheHoldingsCompanieswithrespecttoTaxeshavebeentimelycollectedorwithheldandanysuchamountsthatarerequiredtohavebeenremittedtoanyTaxingauthorityhavebeentimelyremitted.

(d)TherearenowaiversorextensionsofanyapplicablestatutesoflimitationsforthecollectionofanyTaxesoranyduedateforthefilingofanyTaxReturn,withrespecttoanyHoldingsCompanies,ortheassetsandoperationsofanyHoldingsCompanies.

(e)TherearenoLiensforTaxesupontheassetsoftheHoldingsCompanies,exceptforPermittedLiens.

(f)Noassessment,deficiencyoradjustmentinrespectofTaxeshasbeenproposed,asserted,assessedorthreatenedinwritingbyanyTaxauthorityagainsttheHoldingsCompaniesortheassetsandoperationsoftheHoldingsCompanies.

(g)NowrittenclaimhasbeenmadebyanyTaxauthorityinajurisdictionwhereaHoldingsCompanydoesnotpayTaxorfileTaxReturnsthatsuchentityisormaybesubjecttoTaxcurrentlyinsuchjurisdiction,norhasanyassertionbeenthreatenedorproposedinwriting.

(h)NoneoftheHoldingsCompanieswillberequiredtoincludeanyamountinincomeforanytaxableperiodasaresultofachangeinaccountingmethodforanyPre-ClosingTaxPeriod(otherthanaStraddlePeriod)orpursuanttoanyagreementwithanyTaxauthoritywithrespecttoanysuchtaxableperiod.

(i)NoneoftheHoldingsCompaniesisapartytoaTaxallocationorsharingagreement,andnopaymentsaredueorwillbecomeduebytheHoldingsCompaniespursuanttoanysuchagreementorarrangementoranyTaxindemnificationagreement.

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(j)NoneoftheHoldingsCompanieshasbeenamemberofanaffiliatedgroupfilingaconsolidatedfederalincomeTaxReturnorhasanyliabilityfortheTaxesofanyPerson(otherthananotherSouthcrossCompany),asatransfereeorsuccessor,bycontract,orotherwise.

(k)NoneoftheHoldingsCompanieshasenteredintoanyagreementorarrangementwithanyTaxauthoritythatrequiresittotakeanyactionorrefrainfromtakinganyactionwithrespecttoTaxes.

(l)NoneoftheHoldingsCompanieshasenteredintoatransactionthatisa“reportabletransaction”withinthemeaningofTreasuryRegulationsSection1.6011-4(b).

(m)NoneoftheHoldingsCompanieshasagreedtoorcouldberequiredtoincludeanyitemofincomein,orexcludeanyitemofdeductionfrom,taxableincomeforanyPost-ClosingTaxPeriodasaresultofanyinstallmentsaleoropentransactiondispositionmadeonorpriortotheClosingDate,prepaidamountreceivedonorpriortotheClosingDateorelectionunderSection108(i)oftheCode.

(n)EachoftheHoldingsCompaniesthatisclassifiedasapartnershipforU.S.federalincometaxpurposeshasineffectavalidelectionunderSection754oftheCode.

(o)HoldingsLPisnota“foreignperson”withinthemeaningofSection1445oftheCode.

(p)SXEisproperlyclassifiedasapartnershipforU.S.federalincometaxpurposes,andnotasanassociationorapubliclytradedpartnershiptaxableasacorporationunderSection7704oftheCodeandhasbeenproperlytreatedassuchsinceitsformation,andeachoftheotherHoldingsCompaniesiseither(i)properlyclassifiedasapartnershipforU.S.federalincometaxpurposesor(ii)properlydisregardedasanentityseparatefromitsrespectiveownerforU.S.federalincometaxpurposespursuanttoTreasuryRegulationsSection301.7701-3(b).

(q)Atleast90%oftheaggregategrossincomeof(i)SXEforeachtaxableyearsinceitsformationhasbeenandwillbe,and(ii)theHoldingsCompaniesinthetaxableyearoftheClosingwillbefromsourcesthataretreatedas“qualifyingincome”withinthemeaningofSection7704(d)oftheCode.

(r)NoneoftheHoldingsCompanieshasanymaterialSection197intangibleswithinthemeaningofSection197oftheCodethatwouldbesubjecttotheanti-churningrulesofSection197(f)(9)oftheCode.

Section 3.11 Employee Benefits .

(a)SouthcrossDisclosureSchedule3.11(a)listsallSouthcrossBenefitPlansandseparatelyidentifiesthesponsorofeachsuchplan.

(b)WithrespecttoeachSouthcrossBenefitPlan,theSouthcrossCompanieshavemadeavailabletoAMIDaccurate,currentandcompletecopiesofeachofthefollowing,to

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theextentapplicable:(i)atrue,correct,andcompletecopyofeachsuchplanthatiswrittenandallamendmentsthereto;(ii)awrittensummaryofallmaterialplantermsofeachsuchplanthatisunwritten;(iii)employeehandbooksandanyothermaterialwrittencommunicationsforeachsuchplan;(iv)allrequiredandapplicablesummaryplandescriptions,summariesofmaterialmodifications,(v)themostrecentForms5500withschedulesandfinancialstatementsattached,actuarialvaluationsandreports,andnondiscriminationtests;and(vi)allmaterialwrittennotices,lettersandothercorrespondencereceivedsinceSeptember30,2014,fromandtotheInternalRevenueService,DepartmentofLabor,PensionBenefitGuarantyCorporationorotherGovernmentalAuthorityrelatingtotheplan,includingforeachSouthcrossBenefitPlanthatisintendedtobequalifiedunderSection401(a)oftheCode,themostrecentapplicabledetermination,advisoryoropinionletterfromtheInternalRevenueService.

(c)NoneoftheHoldingsCompanies,oranyoftheirrespectiveERISAAffiliatescontributesto,isrequiredtocontributeto,orhasinthelastsixyearscontributedtoorbeenrequiredtocontributetoaMultiemployerPlanandnoneoftheHoldingsCompanies,oranyoftheirrespectiveERISAAffiliateshasincurredany“withdrawalliability”(withinthemeaningofSection4201ofERISA)toaMultiemployerPlanthathasnotbeensatisfiedinfullorhas(orcouldhave)anyothercurrentorcontingentliabilitywithrespecttoanyMultiemployerPlan.NoneoftheHoldingsCompanies,oranyoftheirrespectiveERISAAffiliates,hasinthelastsixyearssponsored,maintained,contributedtoorbeenrequiredtocontributeto,orhas(orcouldhave)anycurrentorcontingentliabilitywithrespectto(i)an“employeepensionbenefitplan,”asdefinedinSection3(2)ofERISA,thatisorwassubjecttoTitleIVorSection302ofERISAorSection412oftheCode,(ii)amultipleemployerplanasdescribedinSection413(c)oftheCode,or(iii)a“multipleemployerwelfarearrangement”asdefinedinSection3(40)(A)ofERISA.NoHoldingsCompanyprovidesorhasanyobligationtoprovidepost-employmentwelfarebenefitsexcepttotheextentrequiredbySection4980BoftheCode.NoSouthcrossHoldingsoranyERISAAffiliatethereofhasanyliability(whetheractual,contingentorotherwise)onaccountofaviolationofthehealthcarerequirementsofPart6or7ofSubtitleBofTitleIofERISAorSection4980Bor4980DoftheCode.NoSouthcrossBenefitPlanissubjecttothelawofanyjurisdictionotherthantheUnitedStatesoritspoliticalsubdivisions.

(d)NoLegalProceedingispendingor,totheKnowledgeofHoldingsLP,threatened(i)withrespecttoanySouthcrossBenefitPlanotherthanclaimsforbenefitsintheOrdinaryCourseofBusiness,(ii)alleginganybreachofthematerialtermsofanySouthcrossBenefitPlanoranyfiduciarydutieswithrespecttheretoor(iii)withrespecttoanyviolationofanyapplicableLawwithrespecttosuchSouthcrossBenefitPlan.NoSouthcrossBenefitPlanhasbeeninvolvedinanynon-exemptprohibitedtransactionunderSection406or407ofERISAorSection4975oftheCode.

(e)ExceptassetforthonSouthcrossDisclosureSchedule3.11(e),eachSouthcrossBenefitPlanhasbeenmaintained,operated,fundedandadministeredatalltimesincomplianceinallmaterialrespectswithitstermsandwithapplicableLaw,includingERISA,theCodeandthePatientProtectionandAffordableCareAct.

(f)EachSouthcrossBenefitPlanthatisintendedtobequalifiedunderSection401(a)oftheCode(a“QualifiedBenefitPlan”)issoqualifiedandhasreceivedafavorableandcurrentdeterminationletterfromtheIRS,orwithrespecttoamaster/prototype

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planorvolumesubmitterplan,canrelyonanopinionoradvisoryletterfromtheIRStothemaster/prototypeorvolumesubmitterplansponsor,totheeffectthatsuchQualifiedBenefitPlanissoqualifiedandthattheplanandthetrustrelatedtheretoareexemptfromfederalincometaxesunderSections401(a)and501(a),respectively,oftheCode,andnothinghasoccurredthatcouldreasonablybeexpectedtocause(i)therevocationofsuchdeterminationletterfromtheIRSortheunavailabilityofrelianceonsuchopinionoradvisoryletterfromtheIRS,asapplicable,or(ii)thelossordenialofsuchqualificationunderSection401(a)oftheCodeorthetaxexemptstatusofthetrust.

(g)ExceptassetforthonSouthcrossDisclosureSchedule3.11(g),withrespecttoanySouthcrossBenefitPlan,allcontributions,premiumsandotherpaymentsduefromanyHoldingsCompanyrequiredbyLaworanySouthcrossBenefitPlanhavebeenmadeorproperlyaccruedunderanysuchplantoanyfund,trustoraccountestablishedthereunderorinconnectiontherewithbytheduedatethereof.

(h)EachSouthcrossBenefitPlansubjecttoSection409AoftheCodehasmateriallycompliedinformandoperationatalltimeswiththerequirementsofSection409AoftheCodeasineffectfromtime-to-time.NoHoldingsCompanyhasanyobligationtomakea“gross-up”orsimilarpaymentinrespectofanyTaxesthatmaybecomepayableunderSection409AoftheCode.

(i)ExceptassetforthonSouthcrossDisclosureSchedule3.11(i),theconsummationoftheTransactionswillnot,eitheraloneorincombinationwithanyotherevent,(i)entitleanycurrentorformeremployee,officer,director,consultantorindependentcontractorofanyHoldingsCompanytoanyseverancepay,retentionbonuses,parachutepayments,non-competitionpayments,orothercompensationorbenefits,(ii)acceleratethetimeofpayment,vesting,orfunding,orincreasetheamountofanycompensationorbenefitduewithrespecttoanysuchemployee,director,consultant,independentcontractororofficer,(iii)resultinanyforgivenessofIndebtednessorobligationtofundbenefitswithrespecttoanysuchemployee,director,consultant,independentcontractororofficer,or(iv)limitorrestricttherightoftheapplicableHoldingsCompanytomerge,amendorterminateanyBenefitPlan.

(j)TheconsummationoftheTransactionswillnot,eitheraloneorincombinationwithanyotherevent,resultinanyamountfailingtobedeductiblebyreasonofSection280GoftheCode.

(k)EachindividualwhoisclassifiedbyaHoldingsCompanyasanindependentcontractorhasbeenproperlyclassifiedforpurposesofeligibility,participationandbenefitaccrualundereachSouthcrossBenefitPlan.

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Section 3.12 Labor Matters .

(a)Concurrentlywiththeexecutionhereof,HoldingsLPisdeliveringtoAMIDtheConfidentialDisclosureLetterwhichsetsforth,withrespecttoeachemployeeofanyHoldingsCompanyasofOctober12,2017,(i)hisorhername;(ii)employingentity;(iii)hisorhertitleorposition;(iv)statusasexemptornon-exemptundertheFairLaborStandardsAct,asamended;(v)primarylocationofemployment;(vi)hisorherhourlywagerateorannualizedbasesalary,asapplicable;(vii)adescriptionofcommission,bonusorotherincentivebasedcompensationarrangementapplicabletosuchemployee,includingthetargetpaymentamountforthecurrentyearand(viii)whethersuchpersonisfull-timeorpart-time.

(b)NoneoftheemployeesoftheHoldingsCompaniesisrepresentedinhisorhercapacityasanemployeeofaHoldingsCompanybyanylabororganization.NoneoftheHoldingsCompanieshasrecognizedanylabororganization,norhasanylabororganizationbeenelectedasthecollectivebargainingagentofanyemployeesoftheHoldingsCompanies,norhasanyoftheHoldingsCompaniesenteredintoanycollectivebargainingagreementorunioncontractrecognizinganylabororganizationasthebargainingagentofanyemployeesoftheHoldingsCompanies.

(c)ExceptassetforthonSouthcrossDisclosureSchedule3.12,sinceSeptember30,2014,noneoftheHoldingsCompanieshasreceivednoticeoftheintentofanyGovernmentalAuthorityresponsiblefortheenforcementoflabor,employment,occupationalhealthandsafetyorworkplacesafetyandinsurance/workerscompensationlawstoconductaninvestigationoftheHoldingsCompanieswithrespecttosuchmattersand,totheKnowledgeofHoldingsLP,nosuchinvestigationisinprogress.(i)Thereareno(andhavenotbeensinceSeptember30,2014)strikes,coordinatedworkslowdown,stoppagesorlockoutswithrespecttoanyemployeesoftheHoldingsCompanies,(ii)totheKnowledgeofHoldingsLP,thereisno(andhasnotbeensinceSeptember30,2014)unionorganizingeffortpendingorthreatenedagainstanyHoldingsCompany,(iii)thereisno(andhasnotbeensinceSeptember30,2014)unfairlaborpractice,labordispute(otherthanroutineindividualgrievances)orlaborarbitrationproceedingpendingor,totheKnowledgeofHoldingsLP,threatenedagainstanyHoldingsCompanyand(iv)thereisno(andhasnotbeensinceSeptember30,2014)slowdown,orworkstoppageineffector,totheKnowledgeofHoldingsLP,threatenedwithrespecttoanyemployeesofanySouthcrossCompany.ExceptassetforthonSouthcrossDisclosureSchedule3.12,theHoldingsCompaniesare,andsinceSeptember30,2014havebeen,inmaterialcompliancewithallapplicableLawsinrespectofemploymentandemploymentpractices,termsandconditionsofemployment,wagesandhoursandoccupationalsafetyandhealth(includingclassificationsofserviceprovidersasemployeesand/orindependentcontractors),equalemploymentopportunity,disability,immigration,collectivebargaining,contractorsandtemporaryemployees,otheremploymenttermsandconditionsandplantclosingsandlayoffs.

Section 3.13 Environmental Matters .ExceptassetforthonSouthcrossDisclosureSchedule3.13,(a)eachoftheHoldingsCompaniesis,and,sinceSeptember30,2014,hasbeen,incomplianceinallmaterialrespectswithallapplicableEnvironmentalLaws,whichcomplianceincludesobtaining,maintainingandcomplyingwithallEnvironmentalPermits,(b)noHoldingsCompanyhashandled,treatedorrecycledHazardousSubstances,andtherehasbeennoreleaseofanyHazardousSubstanceat,on,about,under,from,to,within,ormigratingtoorfrom(i)any

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propertynowowned,leased,operatedorcontrolledbyanyHoldingsCompanyoranyoftheirpredecessors,(ii)totheKnowledgeofHoldingsLP,anypropertyformerlyowned,leased,operatedorcontrolledbyanyHoldingsCompanyoranyoftheirpredecessors,or(iii)anypropertytowhichanyHoldingsCompanyoranyoftheirpredecessorshassentwastefordisposalineachcaseunderclauses(b)(i)-(iii)inanymannerthatwouldreasonablybeexpectedtogiverisetoanyHoldingsCompanyincurringany(A)investigatoryorremedialobligationspursuanttoEnvironmentalLawsor(B)writtenclaims,noticesofnoncomplianceorviolation,orLegalProceedingsbeforeanyGovernmentalAuthorityalleginganyviolationofanyapplicableEnvironmentalLaws,(c)noHoldingsCompanyhastransportedHazardousSubstancesinamannerthatwouldreasonablybeexpectedtogiverisetoanyHoldingsCompanyincurringanywrittenclaims,noticesofnoncomplianceorviolation,orLegalProceedingsbeforeanyGovernmentalAuthorityalleginganyviolationofanyapplicableEnvironmentalLaws,(d)therearenoLegalProceedingspendingor,totheKnowledgeofHoldingsLP,threatenedagainstanyHoldingsCompanyallegingnoncompliancewithorliabilityunder,anyEnvironmentalLaw,(e)totheKnowledgeofHoldingsLP,noneoftheHoldingsCompaniesisactually,contingently,potentiallyorallegedlyliableforanyreleaseof,threatenedreleaseoforcontaminationbyHazardousSubstancesorotherwiseunderanyEnvironmentalLaw,(f)sinceSeptember30,2014,noneoftheHoldingsCompanieshasreceivedanynotice,requestforinformation,communicationorcomplaintfromaGovernmentalAuthorityorotherPersonallegingthatanyoftheHoldingsCompanieshasanyliabilityunderanyEnvironmentalLaworisnotincompliancewithanyEnvironmentalLawand(g)theHoldingsCompanieshavedeliveredto,orhaveotherwisemadeavailableforinspectionby,AMID,allthirdpartywrittenreportsofenvironmentalinvestigations,studies,auditsandtestsinthepossession,controlorcustodyoftheHoldingsCompanies,preparedsinceSeptember30,2014,andrelatingto(i)environmentalconditionsatanyfacilityorpropertyowned,leased,operatedorcontrolledbyanyHoldingsCompanyoranyoftheirpredecessors,(ii)anypropertytowhichanyHoldingsCompanyoranyoftheirrespectivepredecessorshavesentwastefordisposal,or(iii)anyunresolvedenvironmentalliabilityofanyHoldingsCompany,and(g)exceptasdisclosedinSouthcrossDisclosureSchedule3.13(g),noHoldingsCompanyhasoperatedanyundergroundstoragetanksatanypropertythatsuchentityhasatanytimeowned,leased,operatedorcontrolledexceptincompliancewithEnvironmentalLaws.

Section 3.14 Material Contracts .

(a)SouthcrossDisclosureSchedule3.14(a)containsatrueandcompletelistingofthefollowingcontractstowhichaHoldingsCompanyisapartyortowhichaHoldingsCompanyoranyoftheirrespectiveassetsisboundasofthedatehereof(eachcontractthatisdescribedinthisSection3.14(a)beinga“SouthcrossMaterialContract”):

(i)anygatheringcontract,transportationcontract,connectioncontract,processingcontract,storagecontract,marketingcontractorservicescontract,ineachcasewhichHoldingsLPreasonablyexpectstoresultinfuturepaymentsbyortoanyHoldingsCompany,eitherannuallyorintheaggregate,ofmorethan$2,000,000;provided, however, thisdoesnotincludecontracts(A)withaprimarytermofsixmonthsorlessor(B)thatcanbeterminatedwithoutpenaltyorfuturepayment(otherthanpreviouslyaccruedpaymentobligations)onlessthan90days’notice;

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(ii)anycontractrelatingtoorevidencingIndebtedness(excludingtheitemslistedin(g)ofthedefinitionofIndebtedness);

(iii)anycontractpursuanttowhichanyoftheHoldingsCompanieshavemadeanyoutstandingloan,capitalcontributionorotherinvestmentin,orassumedanyliabilityorobligationof,anyPerson(notincludingknock-for-knockindemnitiesorothersimilarliabilitiesorobligations),includingtake-or-paycontractsorkeep-wholeagreements(whichforavoidanceofdoubtshallnotincludeNAESBsortherelatedtransactionconfirmations);

(iv)anycontractwithanyGovernmentalAuthority(excludinganyrights-of-ways,easementsorsimilarcontractsorPermits);

(v)anycontractwithanyRelatedPartyofaHoldingsCompany(including,fortheavoidanceofdoubt,anycontractbetweenanySXECompanyandanotherSouthcrossCompanythatisnotaSXECompany,butnotincludingcontractsbetweenSXECompanies);

(vi)any(A)employmentcontractthatinvolvesanaggregatefutureorpotentialliabilityinexcessof$250,000or(B)consultingcontractthatinvolvesanaggregatefutureorpotentialliabilityinexcessof$250,000,andthatcannotbeterminatedwithoutpenaltyorfuturepayment(otherthanpreviouslyaccruedpaymentobligationsthatarelessthan$250,000)andwithoutmorethan90days’notice;

(vii)anycontractthatlimits,orpurportstolimit,theabilityofanyoftheHoldingsCompaniestocompeteinanylineofbusinessorwithanyPersonorinanygeographicareaorduringanyperiodoftime,orthatrestrictstherightoftheHoldingsCompaniestoselltoorpurchasefromanyPersonortohireanyPerson,orthatgrantstheotherpartyoranythirdperson“mostfavorednation”status;

(viii)anycontractpursuanttowhichanyoftheHoldingsCompaniesis(A)thelesseeofanyLeasedRealPropertyorthelessorofanyRealPropertyor(B)thelesseeorlessorofanytangiblepersonalpropertyand,inthecaseofclause(B),thatinvolvesanaggregatefutureorpotentialliabilityorreceivable,asthecasemaybe,inexcessof$500,000,andthatcannotbeterminatedwithoutpenaltyorfuturepayment(otherthanpreviouslyaccruedpaymentobligationsthatarelessthan$500,000)andwithoutmorethan90days’notice;

(ix)any(A)pendingcontractforthesaleorpurchaseofanyRealPropertyor(B)anycontractsforthesaleorpurchaseofanyRealPropertyenteredintosinceSeptember30,2014andforwhichtherearesurvivingobligationsowedbyanyHoldingsCompanytoanotherPerson;

(x)any(A)jointventureorpartnershipcontractbetweenoramongsuchjointventurepartnersrelatingtothejointventureorpartnership(notincludinganyOrganizationDocumentsthereof)orany(B)merger,assetorstockpurchaseordivestiturecontractrelatingtotheacquisitionordispositionofallorsubstantiallyalltheassetsofanyoperatingbusiness(orbusinessdivision)oramajorityofthecapitalstockorothercontrollinginterestofanyotherPerson,inwhichtherearesurvivingobligationsofaHoldingsCompanyowedtoanyPerson;

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(xi)anycontractwithanylaborunionorprovidingforbenefitsunderanySouthcrossBenefitPlan;

(xii)anycontractforthepurchaseofanydebtorequitysecurityorotherownershipinterestofanyPerson,orfortheissuanceofanydebtorequitysecurityorotherownershipinterest,ortheconversionofanyobligation,instrumentorsecurityintodebtorequitysecuritiesorotherownershipinterestsoftheHoldingsCompanies;

(xiii)anycontractrelatingtosettlementofanyLegalProceedingsenteredintosinceSeptember30,2014,forsettlementamountsinexcessof$250,000(excludingsettlementspaidbyinsurance);

(xiv)anycontractthatresultsinanyPersonholdingapowerofattorneyfromanyoftheHoldingsCompaniesthatrelatestoanyoftheHoldingsCompaniesoranyoftheirrespectivebusinesses;

(xv)anycontractwithaMaterialCustomer(asdefinedinSection3.20(a))thatHoldingsLPreasonablyexpectstoresultinfuturepaymentsbyortoanyHoldingsCompany,eitherannuallyorintheaggregate,ofmorethan$500,000;

(xvi)anycontractwithaMaterialSupplier(asdefinedinSection3.20(b))thathasatermgreaterthansixmonthsandcannotbecancelledbytheHoldingsCompanieswithoutpenaltyorfurtherpayment(otherthanpreviouslyaccruedpaymentobligationsthatarelessthan$500,000)andwithoutmorethan90-days’notice;

(xvii)anytransactionconfirmationassociatedwithaNAESBbasecontractforthepurchaseorsaleofnaturalgasornaturalgasliquidsthathadaninitialtermoftwelvemonthsormoreandhasremainingtermafterMarch1,2018;and

(xviii)anycontract,otherthangatheringcontracts,transportationcontracts,connectioncontracts,processingcontracts,storagecontracts,marketingcontracts,servicescontractsorNAESBbasecontracts(andrelatedtransactionconfirmations),thatdoesnotmeetthedefinitionssetforthinclauses(i)through(xvii)above,whetherornotmadeintheOrdinaryCourseofBusiness,that(A)HoldingsLPreasonablyexpectstoresultinafutureorpotentialliabilityorreceivable,asthecasemaybe,inexcessof$500,000onanannualbasisorinexcessof$1,000,000overthecurrentcontractterm,andhasatermgreaterthanoneyearandcannotbecancelledbytheHoldingsCompanieswithoutpenaltyorfurtherpayment(otherthanpreviouslyaccruedpaymentobligationsthatarelessthan$500,000)andwithoutmorethan90-days’notice,or(B)ismaterialtothebusiness,operations,assets,financialcondition,resultsofoperationsorprospectsoftheSouthcrossCompanies,takenasawhole.

(b)ExceptasdisclosedonSouthcrossDisclosureSchedule3.14(b),(i)eachSouthcrossMaterialContractisvalidandbindingontheapplicableHoldingsCompanyandisinfullforceandeffect;(ii)noneoftheSouthcrossCompanieshasreceivedwrittennoticeof,ortotheKnowledgeofHoldingsLP,knowsof,theexistenceofanyeventorconditionthatconstitutes,or,afternoticeorlapseoftimeorboth,willconstitute,abreachordefaultonthepartofanyHoldingsCompanyunderanysuchSouthcrossMaterialContract;and(iii)totheKnowledgeofHoldingsLP,asofthedateofthisAgreementnootherpartytoanySouthcross

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MaterialContractisinbreachordefaultthereunder,nortotheKnowledgeofHoldingsLP,doesanyconditionexistthat,withnoticeorlapseoftimeorboth,wouldconstituteabreachordefaultbyanysuchotherpartythereunder,exceptwithrespecttotheforegoingclause(ii)or(iii),forsuchbreachesordefaultsthatwouldnothaveaSouthcrossMaterialAdverseEffect.NoneoftheHoldingsCompanies,nortotheKnowledgeofHoldingsLP,anyothercontractingparty,isseekingtorenegotiateanySouthcrossMaterialContract.HoldingsLPhasdeliveredormadeavailabletoAMIDtrueandcompletecopiesofallMaterialContractsincludinganyamendmentsthereto.

Section 3.15 Property .

(a)EachHoldingsCompany(i)ownsandhasgoodandvalidfeesimpletitletoallofitsfeeownedrealproperty(otherthanseveredoil,gasand/ormineralrightsandotherhydrocarboninterests)(“RealProperty”),sufficienttoconducttheBusinessinallmaterialrespectsascurrentlyconducted,freeandclearofallLiens(exceptinallcasesforPermittedLiensandLienssetforthonSouthcrossDisclosureSchedule3.15(a)(i))and(ii)exceptassetforthonSouthcrossDisclosureSchedule3.15(a)(ii)doesnotcurrentlyleaseanyparceloranyportionofanyparcelofanyRealPropertytoanyotherPerson.SouthcrossDisclosureSchedule3.15(a)(iii)setsforthacompletelistofallRealProperty,togetherwithatrue,correctandaccuratedescriptionoftheapplicablevestingdeedforsuchRealProperty.OtherthantheRealPropertysetforthonSouthcrossDisclosureSchedule3.15(a)(iii),theLeasedRealPropertysetforthonSouthcrossDisclosureSchedule3.15(b)(i),ortheconveyancessetforthonSouthcrossDisclosureSchedule3.15(a)(iv),noneoftheHoldingsCompanieshasownedanyRealPropertyorgroundleasedfromanyPersonanyrealproperty,sinceSeptember30,2014.

(b)ExceptassetforthonSouthcrossDisclosureSchedule3.15(b)(i),eachHoldingsCompanyhasvalidleaseholdinterestsinallofitsleasedrealproperties(otherthanhydrocarboninterests)(the“LeasedRealProperty”),sufficienttoconducttheBusinessinallmaterialrespectsascurrentlyconducted,freeandclearofallLiens(exceptinallcasesforPermittedLiens).SouthcrossDisclosureSchedule3.15(b)(ii)setsforthatrue,correctandaccuratelistofeachleaseofLeasedRealProperty.HoldingsLPhasmadeavailabletoAMIDtrueandcompletecopiesofeachleaseagreementrelatingtotheLeasedRealProperty.ExceptassetforthonSchedule3.15(b)(iii),thereisnotanycurrentsubleaseorassignmententeredintobytheHoldingsCompaniesinrespectoftheLeasedRealPropertyoranyportionthereof.TheLeasesrelatingtotheLeasedRealPropertyareinfullforceandeffectandnoHoldingsCompanyisinbreachofordefaultunderanymaterialrespect,orhasprovidedorreceivedanywrittennoticeofanyintentiontoterminate,anylease.

(c)Therearenocondemnation,expropriationorotherproceedingswitheminentdomainpendingor,totheKnowledgeofHoldingsLP,threatened,withrespecttoanyRealPropertyorLeasedRealProperty.

(d)EachoftheHoldingsCompanieshassuchconsents,easements,rights-of-way,permitsorlicensesfromeachPerson(collectively,“rights-of-way”)asaresufficienttoconductitsbusinessesinallmaterialrespectsascurrentlyconducted.EachoftheHoldingsCompanieshasfulfilledandperformedallitsobligationswithrespecttosuchrights-of-waywhicharerequiredtobefulfilledorperformedasofthedateofthisAgreement(subjecttoall

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applicablewaivers,modifications,graceperiodsandextensions)inallmaterialrespectsandnoeventhasoccurredthatallows,orafternoticeorlapseoftimewouldallow,revocationorterminationthereoforwouldresultinanyimpairmentoftherightsoftheholderofanysuchrights-of-way,exceptforrightsreservedto,orvestedin,anymunicipalityorotherGovernmentalAuthorityoranyrailroadbythetermsofanyright,power,franchise,grant,license,permit,orbyanyotherprovisionofanyapplicableLaw,toterminateortorequireannualorotherperiodicpaymentsasaconditiontothecontinuanceofsuchright.

Section 3.16 Intellectual Property .

(a)AHoldingsCompanyowns,orislicensedorotherwisepossessesadequaterightstouse,allmaterialtrademarks,tradenames,servicemarks,servicenames,markregistrations,logos,assumednames,domainnames,registeredandunregisteredcopyrights,patentsorapplicationsandregistrations,andtradesecrets(collectively,the“HoldingsCompanyIntellectualProperty”)usedintheirrespectivebusinessesascurrentlyconducted.(i)Therearenopendingor,totheKnowledgeofHoldingsLP,threatenedclaimsbyanyPersonalleginginfringementormisappropriationbyanyHoldingsCompanyofsuchPerson’sintellectualproperty,(ii)theconductofthebusinessoftheHoldingsCompaniesdoesnotinfringeormisappropriateanyintellectualpropertyrightsofanyPerson,(iii)noHoldingsCompanyhasmadeanyclaimofaviolationorinfringement,ormisappropriationbyothersofitsrightstoorinconnectionwiththeHoldingsCompanyIntellectualProperty,and(iv)noPersonisinfringingormisappropriatinganyHoldingsCompanyIntellectualProperty.

(b)TheHoldingsCompanieshavetakencommerciallyreasonablestepsandimplementedcommerciallyreasonablesafeguardsintendedtocausethecomputer,informationtechnologyanddataprocessingsystems,facilitiesandservicesownedorcontrolledbytheHoldingsCompaniesandusedbyanyoftheHoldingsCompaniesinconnectionwiththeconductofitsBusiness(“Systems”)tobesecurefromunauthorizedaccessandfreefromanymaterialdefects,disablingcodesorinstructions,spyware,trojanhorses,worms,virusesorothersoftwareroutinesthatpermitorcauseunauthorizedaccessto,ordisruption,impairment,disablement,ordestructionof,software,dataorothermaterials.SinceSeptember30,2014,therehasbeennofailure,breakdownorcontinuedsubstandardperformanceofanySystemsthathascausedadisruptionorinterruptioninortoanyuseoftheSystemsortheconductoftheBusiness,exceptwheresuchfailure,breakdownorsubstandardperformancewasnotmaterialtotheBusiness.TheHoldingsCompanieshaveimplementedandmaintainedsecurity,backupanddisasterrecoverypolicies,proceduresandsystemswithrespecttotheBusinessconsistentwithgenerallyacceptedindustrystandards.

Section 3.17 Insurance .

(a)TheHoldingsCompaniesmaintain,orareentitledtothebenefitsof,insurancecoveringtheirproperties,operations,personnelandbusinessesinamountscustomaryfortheBusiness(“HoldingsInsurancePolicies”).ExceptassetforthonSouthcrossDisclosureSchedule3.17(a),allHoldingsInsurancePoliciesareinfullforceandeffectandwillremaininfullforceandeffectimmediatelyfollowingtheClosing.Allpremiumswithrespecttheretohavebeenpaidtotheextentdue.ExceptassetforthonSouthcrossDisclosureSchedule3.17(a),sinceSeptember30,2014,noneoftheSouthcrossCompanieshasreceivedanynoticeof,nortothe

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KnowledgeofHoldingsLPistherethreatened,anycancellation,reductionofcoveragematerialpremiumincreasesornon-renewalwithrespecttoanyHoldingsInsurancePolicy.AllHoldingsInsurancePoliciesprovideadequatecoveragefortherisksincidenttotheoperationsandassetsoftheHoldingsCompanies,andthetypesandamountsofcoverageprovidedtherebyarecustomaryinthecontextoftheBusiness.

(b)ExceptassetforthonSchedule3.17(b),noneoftheSouthcrossCompanieshasreceivedanywrittennoticeunderanyHoldingsInsurancePolicythatdeniescoverageorreservesrightswithrespecttotheSpecialIndemnityMatterspecifiedinclause(ii)(b)ofthedefinitionthereofthatremainsunresolvedandwouldreduceordenyinsurancerecoveriesinrespectthereofinexcessof$20millionindividuallyorintheaggregate.

Section 3.18 Affiliate Interests and Transactions .ExceptassetforthonSouthcrossDisclosureSchedule3.18,andexceptfortheTransactionDocumentsandthosecontractsthatwillbereleased,dischargedorterminatedpriortotheClosingorasoftheClosingandreflectedinthePost-ClosingStatement,noRelatedPartyofanyHoldingsCompany(whichdoesnotincludeotherHoldingsCompanies):(a)ispresentlyapartytoanycontracttowhichanyHoldingsCompanyispartyortowhichanyHoldingsCompanyortheirrespectiveassetsarebound,(b)ownsanyinterestinanyoftheassetsofaHoldingsCompanyor(c)providesanyservices(otherthanemployee,directorandofficerservices)toorfacilitiesforusebyaHoldingsCompany.

Section 3.19 Title to, Sufficiency and Condition of Assets .

(a)TheSouthcrossCompanieshavegoodandvalidtitletooravalidleaseholdinterestinalloftheirassets,includingalloftheassetsreflectedontheBalanceSheetoracquiredintheOrdinaryCourseofBusinesssincetheBalanceSheetDate,exceptthosesoldorotherwisedisposedofforfairvaluesincetheBalanceSheetDateintheOrdinaryCourseofBusiness.TheassetsownedorleasedbytheSouthcrossCompaniesconstitutealloftheassetsnecessaryfortheSouthcrossCompaniestocarryontheirrespectiveBusinessesinallmaterialrespectsascurrentlyconducted.ExceptassetforthonSouthcrossDisclosureSchedule3.19(a),noneoftheassetsownedorleasedbytheSouthcrossCompaniesissubjecttoanyLien,otherthanthePermittedLiens.

(b)ExceptassetforthonSouthcrossDisclosureSchedule3.19(b),alltangibleassetsownedorleasedbytheSouthcrossCompanieshavebeenmaintainedinallmaterialrespectsinaccordancewithgenerallyacceptedindustrypractice,areinallmaterialrespectsingoodoperatingconditionandrepair,ordinarywearandtearexcepted,andareadequatefortheusestowhichtheyarebeingput.

Section 3.20 Customers and Suppliers .

(a)SouthcrossDisclosureSchedule3.20(a)setsforthatrueandcompletelistof(i)thetoptwentycustomersoftheHoldingsCompaniesbasedonrevenueoftheHoldingsCompaniesassetforthonSouthcrossDisclosureSchedule3.20(a),eachforthe12-monthperiodendedSeptember30,2017andtheamountforwhicheachsuchcustomerwasinvoicedduringsuchperiodand(ii)thetoptwentycustomersoftheHoldingsCompaniesbasedongathered

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volumeassetforthonSouthcrossDisclosureSchedule3.20(a),eachforthe12-monthperiodendedSeptember30,2017andtheamountofgatheredvolumewithrespecteachsuchcustomerwasinvoicedduringsuchperiod(collectively,the“MaterialCustomers”).HoldingsLPhasnotreceivedanynoticeorhasanyreasontobelievethatanyofsuchMaterialCustomers(excludinganyMaterialCustomersthathavemonth-to-monthcontractswiththeHoldingsCompanies)(A)hasceasedorsubstantiallyreduced,orwillceaseorsubstantiallyreduce,useofproductsorservicesoftheHoldingsCompaniesor(B)hassought,orisseeking,toreducethepriceitwillpayfortheservicesoftheHoldingsCompanies.

(b)SouthcrossDisclosureSchedule3.20(b)setsforthatrueandcompletelistof(i)thesuppliersoftheHoldingsCompanies(otherthanlawfirms,accountingandauditfirms,insurers,financialadvisersoremployeebenefitsadministrators,andotherthansuppliersofnaturalgasorNGLs)withwhichtheHoldingsCompanieshavemadeexpendituresgreaterthan$500,000assetforthonSouthcrossDisclosureSchedule3.20(b),eachforthe12-monthperiodendedSeptember30,2017,fromwhichtheHoldingsCompaniesorderedproductsorserviceswithanaggregatepurchasepriceforeachsuchsupplierand(ii)theamountforwhicheachsuchsupplierinvoicedtheHoldingsCompaniesduringsuchperiod(the“MaterialSuppliers”).HoldingsLPhasnotreceivedanynoticeorhasanyreasontobelievethattherehasbeenanymaterialadversechangeinthepriceofsuchsuppliesorservicesprovidedbyanysuchMaterialSupplier(excludinganyMaterialSuppliersthathavemonth-to-monthcontractswiththeHoldingsCompanies),orthatanysuchMaterialSupplierwillnotsellsuppliesorservicestoanyoftheHoldingsCompaniesatanytimeaftertheClosingDateontermsandconditionssubstantiallythesameasthoseusedinitscurrentsalestotheHoldingsCompanies,subjecttogeneralandcustomarypriceincreases.

(c)SinceSeptember30,2014eachoftheHoldingsCompanies,hasengagedinandaccountedforallrevenue,pricing,sales,receivablesandpayablespracticesinaccordancewithGAAPandotherwiseintheOrdinaryCourseofBusinessandotherwiseintheOrdinaryCourseofBusinessandhasnotengagedin(i)anytradeloadingpracticesoranyotherpromotional,sales,rebateordiscountactivitywithanycustomers,registrars,resellerorotherdistributorswiththeeffectofacceleratingtopre-Closingperiodssalesthatwouldotherwisebeexpected(basedonpastpractice)tooccurinpost-Closingperiods,(ii)anypracticethatwouldhavetheeffectofacceleratingtopre-Closingperiodscollectionsofreceivablesthatwouldotherwisebeexpected(basedonpastpractice)tobemadeinpost-Closingperiods,(iii)anypracticethatwouldhavetheeffectofpostponingtopost-ClosingperiodspaymentsbytheHoldingCompaniesthatwouldotherwisebeexpected(basedonpastpractice)tobemaderevenueactivity,ineachcaseinthisclause(A)inanymanneroutsidetheOrdinaryCourseofBusinessinpre-Closingperiodsor(B)anyotherpromotional,sales,rebateordiscountactivityordeferredrevenueactivityineachcaseinthisclause(C),inanymanneroutsidetheOrdinaryCourseofBusiness.

Section 3.21 Brokers and Other Advisors .ExceptforthefinancialadvisorssetforthonSouthcrossDisclosureSchedule3.21,thefeesandexpensesofwhichwillconstituteTransactionExpensesorSXETransactionExpensesandbepaidatClosing,nobroker,investmentbankerorfinancialadvisorisentitledtoanybroker’s,finder’sorfinancialadvisor’sfeeorcommission,orthereimbursementofexpenses,inconnectionwiththeTransactionsorSXEMergerTransactionsbasedonarrangementsmadebyoronbehalfofanySouthcrossCompany.

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Section 3.22 Investment Representation .

(a)HoldingsLPisan“accreditedinvestor”assuchtermisdefinedinRule501promulgatedundertheSecuritiesAct.HoldingsLPisacquiringtheAMIDCommonUnits,AMIDPreferredUnits,AMIDGPClassDUnitsandAMIDOptionshereunderforitsownaccountwiththepresentintentionofholdingsuchAMIDCommonUnits,AMIDPreferredUnits,AMIDGPClassDUnitsandAMIDOptionsforinvestmentpurposesandnotwithaviewto,orforsaleinconnectionwith,anydistribution.

(b)HoldingsLPacknowledgesthatitcanbeartheeconomicriskofitsinvestmentinsuchAMIDCommonUnits,AMIDPreferredUnits,AMIDGPClassDUnitsandAMIDOptionsindefinitely,andhassuchknowledgeandexperienceinfinancialandbusinessmattersthatitiscapableofevaluatingthemeritsandrisksofaninvestmentinAMIDCommonUnits,AMIDPreferredUnits,AMIDGPClassDUnitsandAMIDOptions.

(c)HoldingsLPacknowledgesthatsuchAMIDCommonUnits,AMIDPreferredUnits,AMIDGPClassDUnitsandAMIDOptionswillnothavebeenregisteredpursuanttotheSecuritiesActoranyapplicablestatesecuritiesLaws,thatsuchAMIDCommonUnits,AMIDPreferredUnits,AMIDGPClassDUnitsandAMIDOptionswillbecharacterizedas“restrictedsecurities”underfederalsecuritiesLaws,andthatundersuchLawsandapplicableregulations,suchAMIDCommonUnits,AMIDPreferredUnits,AMIDGPClassDUnitsandAMIDOptionscannotbesoldorotherwisedisposedofwithoutregistrationundertheSecuritiesActoranexemptiontherefrom.

ARTICLE IVREPRESENTATIONS AND WARRANTIES OF THE AMID ENTITIES

Exceptasdisclosedin(a)withrespecttoanyrepresentationsandwarrantiesthatrelatetoAMID,theAMIDSECDocumentsfiledwiththeSEConorafterDecember31,2014andpriortothedateofthisAgreement(butexcludinganydisclosurecontainedinanysuchAMIDSECDocumentsundertheheading“RiskFactors”or“Forward-LookingInformation”orsimilarheading(otherthananyhistorical,factualinformationcontainedwithinsuchheadings,disclosuresorstatements))or(b)theAMIDDisclosureSchedule,theAMIDEntities,jointlyandseverally,representandwarranttoHoldingsLPasofthedateofthisAgreementandasoftheClosingasfollows:

Section 4.1 Status of AMID .AMIDisalimitedpartnershipdulyorganized,validlyexistingandingoodstandingundertheLawsofDelaware.AMIDGPisalimitedliabilitycompanydulyorganized,validlyexistingandingoodstandingundertheLawsofDelaware.EachoftheAMIDEntitieshasallrequisitelimitedpartnershiporlimitedliabilitycompanypowerandauthoritynecessarytoexecuteanddeliverthisAgreementandtheotherTransactionDocumentstowhichitwillbeapartyasoftheClosing,toperformitsobligationshereunderandthereunder,toconsummatethetransactionscontemplatedherebyandtherebyandtoown,leaseandoperateitspropertiesandassetsandcarryonitsbusinessasitisnowbeingconducted.Each

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oftheAMIDEntitiesisdulylicensedorqualifiedtodobusinessandisingoodstandingineachjurisdictioninwhichthenatureofthebusinessconductedbyitorthecharacterorlocationofthepropertiesandassetsownedorleasedbyitmakessuchlicensingorqualificationnecessary,exceptwherethefailuretobesolicensed,qualifiedoringoodstanding,wouldnotindividuallyorintheaggregate,haveanAMIDMaterialAdverseEffect.TheAMIDEntitieshavemadeavailabletoHoldingsLPacompleteandcorrectcopyoftheOrganizationalDocuments,eachasamendedtodate,ofeachoftheAMIDEntities.

Section 4.2 Authorization; Enforceability .

(a)Theexecution,deliveryandperformanceofthisAgreementandeachoftheotherTransactionDocumentstowhichtheAMIDEntitiesoranyoftheirAffiliatesareorwillbeaparty,andtheconsummationoftheTransactions,havebeendulyandvalidlyauthorizedbytheAMIDBoard(otherthantheexecution,deliveryandperformanceoftheAMIDGPAgreementAmendment,whichhasbeenapprovedbytherequisiteapprovalofthemembersofAMIDGPholdingClassAMemberInterests(asdefinedintheAMIDGPAgreement)andClassCMemberInterests(asdefinedintheAMIDGPAgreement)asrequiredundertheAMIDGPAgreement,andnotbytheAMIDBoardasapprovalbytheAMIDBoardisnotrequired)andallothernecessaryactionoftheAMIDEntitiesorsuchAffiliates,asapplicable.

(b)ThisAgreementhasbeendulyexecutedanddeliveredbytheAMIDEntities,and,asoftheClosing,eachoftheotherTransactionDocumentstowhicheitheroftheAMIDEntitiesoranyoftheirAffiliates,willbeapartywillbedulyexecutedanddeliveredbyeachoftheAMIDEntitiesandsuchapplicableAffiliate(s),andwillconstitute,assumingthedueauthorization,executionanddeliveryofsuchTransactionDocuments,asapplicable,bytheotherPersonsthatarepartythereto,thelegal,validandbindingobligationsoftheAMIDEntitiesandsuchAffiliates,asapplicable,enforceableagainsttheAMIDEntitiesandsuchAffiliates,asapplicable,inaccordancewiththeirrespectiveterms,exceptassuchenforceabilitymaybelimitedbybankruptcy,insolvency,fraudulenttransfer,reorganization,moratoriumorotherLawsrelatingtooraffectingcreditors’rightsgenerallyorbyequitableprinciples(regardlessofwhetherenforcementissoughtatlaworinequity).

Section 4.3 Capitalization .

(a)AMIDDisclosureSchedule4.3(a)(i)setsforth,forAMIDandasofOctober27,2017,theamountofallofitsauthorizedmembershipinterests,limitedpartnershipinterestsorotherEquityInterests,theamountofitsoutstandingmembershipinterests,limitedpartnershipinterestsorotherEquityInterests,andincludesthenumberofEquityIntereststhatwereissuablepursuanttoemployeeanddirectorequityplansofAMID(“AMIDEquityPlans”)asofOctober27,2017,includingthenumberofAMIDEquityIntereststhatweresubjecttooutstandingawardsundertheAMIDEquityPlansasofsuchdate.TherearenoissuedandoutstandingSeriesBUnits(asdefinedintheAMIDPartnershipAgreement)orSeriesDUnits(asdefinedintheAMIDPartnershipAgreement).AMIDDisclosureSchedule4.3(a)(ii)setsforth,forAMIDGPandasoftheExecutionDatetheamountofitsauthorizedmembershipinterestsorotherEquityInterests,theamountofitsoutstandingmembershipinterestsorotherEquityInterests,togetherwiththerecordandbeneficialholdersofitsoutstandingmembershipinterestsorotherEquityInterests,andincludesthenumberofAMIDGPEquityIntereststhat

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wereissuablepursuanttoemployeeanddirectorequityplansofAMIDGP,includingthenumberofEquityIntereststhatweresubjecttooutstandingawardsundertheemployeeanddirectorequityplansofAMIDGP.Alloftheoutstandingmembershipinterests,limitedpartnershipinterestsorotherEquityInterestsofeachoftheAMIDEntitieshavebeendulyauthorizedandvalidlyissued,arefullypaidandnonassessable(exceptassuchnonassessabilitymaybeaffectedbySections18-303,18-607or18-804oftheDLLCAorSections17-303,17-607or18-704oftheDRULPA).

(b)WhenissuedtoHoldingsLPinaccordancewiththisAgreement,theAMIDCommonUnits,AMIDPreferredUnitsandAMIDGPClassDUnitsconstitutingtheAMIDCommonUnitConsideration,AMIDPreferredUnitConsiderationandAMIDGPClassDUnitConsideration,respectively,willbedulyauthorizedinaccordancewiththeOrganizationalDocumentsofAMIDEntitiesandwillbevalidlyissued,fullypaidandnonassessable(exceptassuchnonassessabilitymaybeaffectedbySections18-303,18-607or18-804oftheDLLCAorSections17-303,17-607or18-704oftheDRULPA),andwillbefreeandclearofallLiens,exceptforLienscontainedintheAMIDEntities’OrganizationalDocuments.WhenissuedinaccordancewiththeAMIDOptionAgreement,theAMIDOptionswillbedulyauthorizedinaccordancewiththeOrganizationalDocumentsofAMIDEntitiesandwillbevalidlyissued,fullypaidandnonassessable(exceptassuchnonassessabilitymaybeaffectedbySections18-303,18-607or18-804oftheDLLCAorSections17-303,17-607or18-704oftheDRULPA),andwillbefreeandclearofallLiens,exceptforLienscontainedintheAMIDEntities’OrganizationalDocuments.

(c)ExceptassetforthinAMIDDisclosureSchedule4.3(a)(i),asofOctober27,2017therewerenotanyAMIDPartnershipInterestsorotherlimitedpartnershipinterests,votingsecuritiesorotherEquityInterestsofAMIDissuedandoutstanding,oranysubscriptions,options,warrants,calls,convertibleorexchangeablesecurities,rights,commitmentsoragreementsofanycharacterprovidingfortheissuanceofanyEquityInterestsofAMID,includinganyrepresentingtherighttopurchaseorotherwisereceiveanyoftheforegoingoranybond,debentureorotherindebtednesshavingtherighttovoteorconvertible,exchangeableorexercisableforsecuritieshavingtherighttovote.ExceptassetforthinAMIDDisclosureSchedule4.3(a)(ii),(i)asoftheExecutionDatetherewerenotanyEquityInterestsofAMIDGPissuedandoutstanding,oranysubscriptions,options,warrants,calls,convertibleorexchangeablesecurities,rights,commitmentsoragreementsofanycharacterprovidingfortheissuanceofanyEquityInterestsofAMIDGP,includinganyrepresentingtherighttopurchaseorotherwisereceiveanyoftheforegoingoranybond,debentureorotherindebtednesshavingtherighttovoteorconvertible,exchangeableorexercisableforsecuritieshavingtherighttovote,and(ii)asoftheClosingDate(A)exceptfortheAMIDGPClassDUnitstobeissuedattheClosingtoHoldingsLP,therewillnotbeanyissuedandoutstanding,oranysubscriptions,options,warrants,calls,convertibleorexchangeablesecurities,rights,commitmentsoragreementsofanycharacterprovidingfortheissuanceofanyEquityInterestsofAMIDGP,includinganyrepresentingtherighttopurchaseorotherwisereceiveanyoftheforegoingoranybond,debentureorotherindebtednessofAMIDGPhavingtherighttovoteonmattersinvolvingAMIDGPorconvertible,exchangeableorexercisableforsecuritieshavingtherighttovoteonmattersinvolvingAMIDGP,thatwouldpreventormateriallyimpede,interferewith,hinderordelaytheconsummationoftheTransactions,includingtheexecutionanddeliveryoftheAMIDGPAgreementAmendmentbytheAMIDGPMembers,orthatwouldrequiretheapprovalof

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anyotherPerson,otherthantheAMIDBoardormembersofAMIDGP(ineachcasewhichhaveapprovedtheAMIDGPAgreementAmendment),withrespecttotheAMIDGPAgreementAmendment,and(B)therewillbenotbeanyissuedandoutstandingAMIDGPClassDUnits(otherthantheAMIDGPClassDUnitsissuedtoHoldingsLP).Allofthemembershipinterests,limitedpartnershipinterestsorotherEquityInterestsofeachAMIDEntityhavebeenissuedbytheAMIDEntitiesincompliancewithallapplicablefederalandstatesecuritieslaws.Nomembershipinterests,limitedpartnershipinterestsorotherEquityInterestsoftheAMIDEntitieshavebeenissuedinviolationofanyrights,agreements,arrangementsorcommitmentsunderanyprovisionofapplicableLaw,theirrespectiveOrganizationalDocumentsoranycontracttowhichanyoftheAMIDEntitiesisapartyorbywhichanyoftheAMIDEntitiesisbound.ExceptfortheOrganizationalDocumentsoftheAMIDEntities,noneoftheEquityInterestsoftheAMIDEntitiesaresubjecttoanyvotingtrust,memberorpartnershipagreementorvotingagreementorotheragreementtowhichanAMIDEntityisapartywithrespecttoanypurchase,sale,issuance,transfer,repurchase,redemptionorvotingofanyEquityInterestsoftheAMIDEntities.

(d)AMIDGPisthesolegeneralpartnerofAMID.AMIDGPisthesolerecordandbeneficialownerofthe953,931AMIDGeneralPartnerUnitsrepresentingthesolegeneralpartnerinterestinAMID(“AMIDGPInterest”),1,349,609AMIDCommonUnitsandalloftheAMIDIncentiveDistributionRights,andsuchAMIDGPInterest,AMIDCommonUnitsandAMIDIncentiveDistributionRightshavebeendulyauthorizedandvalidlyissuedinaccordancewithapplicableLawandtheAMIDPartnershipAgreement.AMIDGPownstheAMIDGPInterest,AMIDCommonUnitsandAMIDIncentiveDistributionRightsfreeandclearofanyLiens(otherthanrestrictionsontransfersetforthintheAMIDEntitiesOrganizationalDocumentsandrestrictionsontransferunderapplicablefederalandstatesecuritieslaws).

Section 4.4 Governmental Authorizations .Except(a)assetforthonAMIDDisclosureSchedule4.4or(b)filingsrequiredunder,andcompliancewithotherapplicablerequirementsof,theHSRAct(collectively,the“AMIDRequiredGovernmentalAuthorizations”),noconsentsorapprovalsof,orfilings,declarationsorregistrationswith,anyGovernmentalAuthoritybytheAMIDEntitiesoranyoftheirAffiliatesarenecessaryfortheexecution,deliveryandperformanceofthisAgreementbytheAMIDEntities,andtheconsummationbytheAMIDEntitiesofthetransactionscontemplatedhereby,otherthansuchotherconsents,waiversorapprovals,filings,declarationsorregistrationsthat,ifnotobtained,madeorgiven,whichwouldnot,individuallyorintheaggregate,reasonablybeexpectedtopreventormateriallyimpede,interferewith,hinderordelaytheconsummationoftheTransactions,ortheabilityofeachoftheAMIDEntitiestofulfillitsobligationshereunderorundertheotherTransactionDocumentstowhichitisorwillbeapartyasoftheClosing.

Section 4.5 No Conflicts .ExceptassetforthonAMIDDisclosureSchedule4.5,andassumingreceiptofAMIDRequiredGovernmentalAuthorizations,theexecutionanddeliveryofthisAgreementand,asoftheClosing,theotherTransactionDocumentsbytheAMIDEntitiesthatareorwillbepartytheretoandtheperformancebyeachoftheAMIDEntitiesofitsrespectiveobligationshereunderandthereunder,willnotresultin(a)anyconflictwiththeOrganizationalDocumentsoftheAMIDEntitiesortheirSubsidiaries,(b)anybreachorviolationofordefault(oraneventthat,withnoticeorlapseoftimeorboth,wouldbecomeadefault)under,orconstituteorgiverisetoaterminationorrightoftermination,amendment,

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modification,accelerationorcancellationofanyorderofanyGovernmentalAuthorityapplicabletotheAMIDEntitiesoranyoftheirSubsidiariesoranycontract,mortgage,lease,agreement,deedoftrust,indentureoranyotherinstrumenttowhichanAMIDEntityoranyoftheirSubsidiariesisapartyorbywhichanAMIDEntityoranyoftheirSubsidiariesoranyoftheirpropertiesorassetsarebound,(c)aviolationofordefaultunderanyLaworPermittowhichanAMIDEntityortheirSubsidiariesissubjectorbywhichanyofthepropertiesorassetsoftheAMIDEntitiesortheirSubsidiariesarebound,or(d)anyLiensontheassetsofanAMIDEntity,except,inthecaseofeachoftheforegoingclauses(b),(c)and(d),whichwouldnot,individuallyorintheaggregate,reasonablybeexpectedtopreventormateriallyimpede,interferewith,hinderordelaytheconsummationoftheTransactions,ortheabilityoftheAMIDEntitiestofulfilltheirobligationshereunderorundertheotherTransactionDocumentstowhichtheyareorwillbeapartyasoftheClosing.

Section 4.6 Legal Proceedings .TherearenoLegalProceedingspending,or,totheKnowledgeofAMID,threatened,againstorinvolvinganyAMIDEntitythat(a)individuallyorintheaggregate,challengethevalidityorenforceabilityoftheobligationsofanAMIDEntityinthisAgreementor(b)seekto,orwouldreasonablybeexpectedto,prevent,delayorotherwisewouldreasonablybeexpectedtomateriallyandadverselyaffecttheconsummationbyanAMIDEntityoftheTransactions.

Section 4.7 Brokers’ Fees .ExceptforDeutscheBankSecuritiesInc.,thefeesandexpensesofwhichwillbepaidbyanAMIDEntity,nobroker,investmentbankerorfinancialadvisorisentitledtoanybroker’s,finder’sorfinancialadvisor’sfeeorcommission,orthereimbursementofexpenses,inconnectionwiththeTransactionsortheSXEMergerTransactionsbasedonarrangementsmadebyoronbehalfofanyAMIDEntity.

Section 4.8 Financial Statements .

(a)AMIDhasfiledandfurnishedallreports,schedules,forms,certifications,prospectuses,andregistration,proxyandotherstatementsrequiredtobefiledbyitwiththeSECsinceDecember31,2014(collectivelyandtogetherwithalldocumentsfiledonavoluntarybasisonForm8-K,andineachcaseincludingallexhibitsandschedulestheretoanddocumentsincorporatedbyreferencetherein,the“AMIDSECDocuments”).TheAMIDSECDocuments,asoftheirrespectiveeffectivedates(inthecaseoftheAMIDSECDocumentsthatareregistrationstatementsfiledpursuanttotherequirementsoftheSecuritiesAct)andasoftheirrespectiveSECfilingdates(inthecaseofallotherAMIDSECDocuments),or,ifamended,asfinallyamendedpriortothedateofthisAgreement,compliedinallmaterialrespectswiththerequirementsoftheExchangeAct,theSecuritiesActandtheSarbanes-OxleyAct,asthecasemaybe,applicabletosuchAMIDSECDocuments,anddidnotcontainanyuntruestatementofamaterialfact,oromittostateamaterialfactrequiredtobestatedthereinornecessaryinordertomakethestatementsmade,inlightofthecircumstancesunderwhichtheyweremade,notmisleading.AsofthedateofthisAgreement,therearenooutstandingorunresolvedcommentsreceivedfromtheSECstaffwithrespecttotheAMIDSECDocuments.TotheKnowledgeoftheAMIDEntities,noneoftheAMIDSECDocumentsisthesubjectofongoingSECrevieworinvestigation.

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(b)TheauditedconsolidatedbalancesheetsofAMIDanditsconsolidatedsubsidiariesasofDecember31,2016and2015andtherelatedconsolidatedstatementsofoperations,partners’capitalandnoncontrollinginterests,andcashflowsfortheyearsthenendedandtheunauditedconsolidatedbalancesheetofAMIDanditsconsolidatedsubsidiariesasofJune30,2017,therelatedconsolidatedstatementsofoperations,partners’capitalandnoncontrollinginterests,andcashflowsfortheperiodthenendedhavebeenmadeavailabletoHoldingsLP,andhavebeenpreparedinaccordancewiththebooksandrecordsofAMIDandGAAPappliedonaconsistentbasisduringtheperiodsinvolved(exceptasmaybeindicatedinthenotesthereto)andfairlypresent,inallmaterialrespects,theconsolidatedfinancialpositionofAMIDanditsconsolidatedsubsidiariesasofthedatesthereofandtheconsolidatedresultsoftheiroperations,cashflowsandchangesinpartners’equityofAMIDfortheperiodsthenended.

Section 4.9 Tax Matters .

(a)AllTaxReturnsthatwererequiredtobefiledbyorwithrespecttoAMIDoranyofitsSubsidiarieshavebeendulyandtimelyfiled(takingintoaccountanyextensionoftimewithinwhichtofile)andallsuchTaxReturnsaretrue,completeandaccurateinallmaterialrespects.Allitemsofincome,gain,loss,deductionandcreditorotheritemsrequiredtobeincludedineachsuchTaxReturnshavebeensoincluded.AllTaxesowedbyAMIDoranyofitsSubsidiariesthatareorhavebecomeduehavebeentimelypaidinfulloranadequatereserveforthepaymentofsuchTaxeshasbeenestablished.

(b)Therearenoaudits,examinations,investigationsorotherlegalproceedingspendingorthreatenedwithrespecttoTaxesorwithrespecttoanyTaxReturnofAMIDoranyofitsSubsidiaries.

(c)AllamountsrequiredtobecollectedorwithheldbyAMIDoranyofitsSubsidiarieswithrespecttoTaxeshavebeentimelycollectedorwithheldandanysuchamountsthatarerequiredtohavebeenremittedtoanyTaxingauthorityhavebeentimelyremitted.

(d)NeitherAMIDnoranyofitsSubsidiarieshasconsentedtoanywaiversorextensionsofanyapplicablestatuteoflimitationsfortheassessmentorcollectionofanyTaxesoranyduedateforthefilingofanyTaxReturnwithrespecttoitthatremainineffect.

(e)TherearenoLiensforTaxesupontheassetsofAMIDoranyofitsSubsidiaries,exceptforstatutoryLiensforTaxesnotyetdueandpayableortheamountorvalidityofwhichisbeingcontestedingoodfaithbyappropriateproceedings.

(f)Noassessment,deficiencyoradjustmentinrespectofTaxeshasbeenasserted,proposed,assessedorthreatenedinwritingbyanyTaxauthorityagainstAMIDoranyofitsSubsidiaries.

(g)NowrittenclaimhasbeenmadebyaTaxauthorityinajurisdictionwhereAMIDoranyofitsSubsidiariesdoesnotpayTaxorfileTaxReturnsthatAMIDoranySubsidiaryisormaybesubjecttoTaxesassessedbysuchjurisdiction,norhasanyassertionbeenthreatenedorproposedinwriting.

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(h)NeitherAMIDnoranyofitsSubsidiarieswillberequiredtoincludeanyamountinincomeforanytaxableperiodasaresultofachangeinaccountingmethodforanyPre-ClosingTaxPeriodorpursuanttoanyagreementwithanyTaxauthoritywithrespecttoanysuchtaxableperiod.

(i)NeitherAMIDnoranyofitsSubsidiariesisapartytoaTaxallocationorsharingagreement,andnopaymentsaredueorwillbecomeduebyAMIDoranyofitsSubsidiariespursuanttoanysuchagreementorarrangementoranyTaxindemnificationagreement.

(j)NeitherAMIDnoranyofitsSubsidiarieshasbeenamemberofanaffiliatedgroupfilingaconsolidatedfederalincomeTaxReturnorhasanyliabilityfortheTaxesofanyPerson(otherthanAMIDoranySubsidiary),asatransfereeorsuccessor,bycontract,orotherwise.

(k)NeitherAMIDnoranyofitsSubsidiarieshasenteredintoanyagreementorarrangementwithanyTaxauthoritythatrequiresAMIDoranyofitsSubsidiariestotakeanyactionorrefrainfromtakinganyactionwithrespecttoTaxes.

(l)NeitherAMIDnoranyofitsSubsidiarieshasenteredintoatransactionthatisa“reportabletransaction”withinthemeaningofTreasuryRegulationsSection1.6011-4(b).

(m)NeitherAMIDnoranyofitsSubsidiarieshasagreedtoorcouldberequiredtoincludeanyitemofincomein,orexcludeanyitemofdeductionfrom,taxableincomeforanyPost-ClosingTaxPeriodasaresultofanyinstallmentsaleoropentransactiondispositionmadeonorpriortotheClosingDate,prepaidamountreceivedonorpriortotheClosingDateorelectionunderSection108(i)oftheCode.

(n)AMIDandeachSubsidiarythatisclassifiedasapartnershipforU.S.federalincometaxpurposeshaveineffectavalidelectionunderSection754oftheCode.

(o)AMIDisproperlyclassifiedasapartnershipforU.S.federalincometaxpurposes,andnotasanassociationorapubliclytradedpartnershiptaxableasacorporationunderSection7704oftheCodeandhasbeenproperlytreatedassuchsinceitsformation,andeachofitsSubsidiariesiseither(i)properlyclassifiedasapartnershipforU.S.federalincometaxpurposesor(ii)properlydisregardedasanentityseparatefromitsrespectiveownerforU.S.federalincometaxpurposespursuanttoTreasuryRegulationsSection301.7701-3(b).

(p)NeitherAMIDnoranyofitsSubsidiariesisa“foreignperson”withinthemeaningofSection1445oftheCode.

Section 4.10 AMID GP .

(a)AMIDGPhasnevercarriedonanybusiness,otherthaninconnectionwith(i)theownershipofitsEquityInterestsinAMIDdescribedinSection4.3(d),and(ii)themanagementoftheoperationsandactivitiesofAMIDandtheemploymentofemployeeswithrespectthereto.

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(b)AMIDGPdoesnotownorleaseandhasneverownedorleasedanyinterestinrealproperty.

(c)ExceptassetforthonAMIDDisclosureSchedule4.10(a)andexceptfortheAMIDGPOrganizationalDocumentstowhichAMIDGPisaparty,(i)AMIDGPisnotpartytoanycontractsthatarematerialtoAMIDGPand(ii)AMIDGPisnotapartytoanycontractswithanyRelatedPartyofAMIDGPoranymember(orAffiliatethereof)ofAMIDGP(withrespectto(ii),notincludingcontractsbetweenAMIDGPandAMIDoranyofAMID’sSubsidiaries).

(d)TherearenoLegalProceedingspending,or,totheKnowledgeofAMID,threatened,againstorinvolvingAMIDGP.

(e)Therearenooutstandingorunsatisfiedmaterialorders,judgmentsordecreesagainstAMIDGP.

(f)AMIDGPis,andsinceSeptember30,2014hasbeen,incomplianceinallmaterialrespectswithandisnotindefaultunderorinviolationofanyapplicableLaws.

(g)AllTaxReturnsthatwererequiredtobefiledbyorwithrespecttoAMIDGPhavebeendulyandtimelyfiled(takingintoaccountanyextensionoftimewithinwhichtofile)andallsuchTaxReturnsaretrue,completeandaccurateinallmaterialrespects.Allitemsofincome,gain,loss,deductionandcreditorotheritemsrequiredtobeincludedineachsuchTaxReturnshavebeensoincluded.AllTaxesowedbyAMIDGPthatareorhavebecomeduehavebeentimelypaidinfulloranadequatereserveforthepaymentofsuchTaxeshasbeenestablished.

(h)Therearenoaudits,examinations,investigationsorotherlegalproceedingspendingorthreatenedwithrespecttoTaxesorwithrespecttoanyTaxReturnofAMIDGP.

(i)AllamountsrequiredtobecollectedorwithheldbyAMIDGPwithrespecttoTaxeshavebeentimelycollectedorwithheldandanysuchamountsthatarerequiredtohavebeenremittedtoanyTaxingauthorityhavebeentimelyremitted.

(j)AMIDGPhasnotconsentedtoanywaiversorextensionsofanyapplicablestatuteoflimitationsfortheassessmentorcollectionofanyTaxesoranyduedateforthefilingofanyTaxReturnwithrespecttoitthatremainineffect.

(k)TherearenoLiensforTaxesupontheassetsofAMIDGP,exceptforstatutoryLiensforTaxesnotyetdueandpayableortheamountorvalidityofwhichisbeingcontestedingoodfaithbyappropriateproceedings.

(l)Noassessment,deficiencyoradjustmentinrespectofTaxeshasbeenasserted,proposed,assessedorthreatenedinwritingbyanyTaxauthorityagainstAMIDGP.

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(m)NowrittenclaimhasbeenmadebyaTaxauthorityinajurisdictionwhereAMIDGPdoesnotpayTaxorfileTaxReturnsthatAMIDGPmaybesubjecttoTaxesassessedbysuchjurisdiction,norhasanyassertionbeenthreatenedorproposedinwriting.

(n)AMIDGPwillnotberequiredtoincludeanyamountinincomeforanytaxableperiodasaresultofachangeinaccountingmethodforanyPre-ClosingTaxPeriodorpursuanttoanyagreementwithanyTaxauthoritywithrespecttoanysuchtaxableperiod.

(o)AMIDGPisnotapartytoaTaxallocationorsharingagreement,andnopaymentsaredueorwillbecomeduebyAMIDGPpursuanttoanysuchagreementorarrangementoranyTaxindemnificationagreement.

(p)AMIDGPhasnotbeenamemberofanaffiliatedgroupfilingaconsolidatedfederalincomeTaxReturnorhasanyliabilityfortheTaxesofanyPerson,asatransfereeorsuccessor,bycontract,orotherwise.

(q)AMIDGPhasnotenteredintoanyagreementorarrangementwithanyTaxauthoritythatrequiresAMIDGPtotakeanyactionorrefrainfromtakinganyactionwithrespecttoTaxes.

(r)AMIDGPhasnotenteredintoatransactionthatisa“reportabletransaction”withinthemeaningofTreasuryRegulationsSection1.6011-4(b).

(s)AMIDGPhasnotagreedtoorcouldnotberequiredtoincludeanyitemofincomein,orexcludeanyitemofdeductionfrom,taxableincomeforanyPost-ClosingTaxPeriodasaresultofanyinstallmentsaleoropentransactiondispositionmadeonorpriortotheClosingDate,prepaidamountreceivedonorpriortotheClosingDateorelectionunderSection108(i)oftheCode.

(t)AMIDGPhasineffectavalidelectionunderSection754oftheCode.

(u)AMIDGPisproperlyclassifiedasapartnershipforU.S.federalincometaxpurposes,andnotasanassociationorapubliclytradedpartnershiptaxableasacorporationunderSection7704oftheCodeandhasbeenproperlytreatedasapartnershiporadisregardedentityforU.S.federalincometaxpurposessinceitsformation.

(v)AMIDGPisnota“foreignperson”withinthemeaningofSection1445oftheCode.

Section 4.11 Bankruptcy .Therearenobankruptcy,insolvency,reorganizationorreceivershipproceedingspendingagainst,beingcontemplatedby,orthreatenedagainsteachofAMIDoranyofitsAffiliates.

Section 4.12 Investment Representation .

(a)AMIDisan“accreditedinvestor”assuchtermisdefinedinRule501promulgatedundertheSecuritiesAct.AMIDisacquiringtheSXHHolding’sEquityInterestsforitsownaccountwiththepresentintentionofholdingtheSXHHolding’sEquityInterestsforinvestmentpurposesandnotwithaviewto,orforsaleinconnectionwith,anydistribution.

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(b)AMIDacknowledgesthatitcanbeartheeconomicriskofitsinvestmentintheSXHHolding’sEquityInterestsindefinitely,andhassuchknowledgeandexperienceinfinancialandbusinessmattersthatitiscapableofevaluatingthemeritsandrisksofaninvestmentintheSXHEquityInterests.

(c)AMIDacknowledgesthattheSXHHolding’sEquityInterestsandtheEquityInterestsoftheSouthcrossCompanies(otherthantheSXECommonUnits)willnothavebeenregisteredpursuanttotheSecuritiesActoranyapplicablestatesecuritiesLaws,thatsuchEquityInterestswillbecharacterizedas“restrictedsecurities”underfederalsecuritiesLaws,andthatundersuchLawsandapplicableregulations,suchEquityInterestscannotbesoldorotherwisedisposedofwithoutregistrationundertheSecuritiesActoranexemptiontherefrom.

ARTICLE VADDITIONAL COVENANTS AND AGREEMENTS

Section 5.1 Conduct of Business .

(a)HoldingsLPshallcauseSXEandSXEGPtocomplywiththeirrespectivecovenantsintheSXEMergerAgreement.Except(i)asexpresslypermittedbythisAgreement,(ii)asrequiredbyapplicableLaw,(iii)assetforthinSchedule5.1(a)or(iv)asconsentedtoinwriting(includingbye-mail)byAMID(whichconsentshallnotbeunreasonablywithheld,delayedorconditioned)(ordeemedconsentedtobyAMIDasprovidedinthelastsentenceofthisSection5.1(a)),duringtheperiodfromthedateofthisAgreementuntiltheEffectiveTime,HoldingsLPshallcauseeachoftheHoldingsCompanies(otherthantheSXECompanies)to,(i)conductitsbusinessintheOrdinaryCourseofBusinessand(ii)usecommerciallyreasonableeffortsto(A)preserveintactitsbusinessorganizationandassets,(B)keepavailabletheservicesofitscurrentofficersandkeyemployees,(C)keepinfullforceandeffectallmaterialSouthcrossPermits,and(D)complyinallmaterialrespectswithallapplicableLaws.Withoutlimitingthegeneralityoftheforegoing,except(i)asexpresslypermittedbythisAgreement,(ii)asrequiredbyapplicableLaw,(iii)assetforthinSchedule5.1(a)or(iv)asconsentedtoinwriting(includingbye-mail)byAMID(whichconsentshallnotbeunreasonablywithheld,delayedorconditioned)(ordeemedconsentedtobyAMIDasprovidedinthelastsentenceofthisSection5.1(a)),duringtheperiodfromthedateofthisAgreementtotheEffectiveTime,HoldingsLPshallnot,andshallnotpermitanyHoldingsCompany(otherthananySXECompany)to:

(i)(A)issue,sell,grant,setaside,disposeof,acceleratethevestingof,modify,orotherwisesubjecttoanyLienasapplicable,anyofitsEquityInterests,(B)redeem,purchaseorotherwiseacquireanyofitsEquityInterests,includingpursuanttocontractsasineffectonthedatehereof,withrespectanyequityorequity-basedawardsgrantedunderanySXEEquityPlanoutstandingasofthedateofthisAgreement,(C)declare,setasideforpaymentorpayanydistributionordividendsonanyEquityInterestsoftheSouthcrossCompanies(otherthan(1)distributionsordividendsfromaHoldingsCompany(otherthananSXECompany)toanotherHoldingsCompanyor(2)cashdistributionsordividendsfromaHoldingsCompany(otherthananSXECompany)toHoldingsLPusingcashonhand(which

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cashonhandisnottheresultofIndebtednessincurredforthepurposeofmakingsuchcashdistributionsordividends)oftheHoldingsCompanies(otherthantheSXECompanies)inanamountnottoexceed$5millionintheaggregate),(D)split,combine,subdivideorreclassifyorotherwiseamendthetermsofanyEquityInterestsoftheHoldingsCompanies;or(E)makeanyotherchangewithrespecttoitscapitalstructure;

(ii)(A)incur,refinance(orenterintoa“keepwell”orsimilaragreementwithrespecttoIndebtedness),assumeorguaranteeanyIndebtedness(excludingtheitemslistedin(g)ofthedefinitionofIndebtedness),orissueorsellanydebtsecuritiesoroptions,warrants,callsorotherrightstoacquireanydebtsecurities,otherthan(1)borrowingsundertheHoldingsCreditAgreement,oranyreplacementsthereof,intheOrdinaryCourseofBusiness;providedthatborrowingsoutstandingfromtimetotimeundertheHoldingsCreditAgreementoranysuchreplacementsshallnotexceedanamountequaltotheoutstandingborrowingsthereunderasofthedatehereof,(2)borrowingsfromanyHoldingsCompany(otherthananySXECompany)byanyHoldingsCompany,(3)repaymentsofborrowingsfromanyHoldingsCompanybyanyHoldingsCompany(otherthananySXECompany),(4)repaymentsofborrowingsundertheHoldingsCreditAgreementusingcashonhand(whichcashonhandisnottheresultofIndebtednessincurredforthepurposeofmakingsuchrepayments)oftheSouthcrossCompanies(otherthantheSXECompanies),(5)non-convertibleQualifyingNotes(asdefinedintheInvestmentAgreement)issuedtooneormoreSponsors(asdefinedintheBackstopLetter)inexchangeforcashasrequiredbytheInvestmentAgreement,BackstopLetterorpursuanttoaninvestmentinSXEthatreducestheCommittedAmount(asdefinedintheInvestmentAgreement),inaprincipalamountnotinexcessof$15,000,000,plusanypaid-in-kindinterestinrespectofsuchQualifyingNotes,and(6)guaranteesbyanySouthcrossCompanyofIndebtednessofanySouthcrossCompany,or(B)exceptaspermittedpursuanttoclause(A)above,repay,prepayorrepurchaseanylong-termIndebtednessordebtsecuritiesofanySouthcrossCompany(otherthanborrowingsfromanySouthcrossCompanybyanySouthcrossCompany(otherthananySXECompany));

(iii)sell,transfer,lease,license,subjecttoanyLien(otherthanPermittedLiens)orotherwisedisposeof(includingpursuanttoasaleleasebacktransactionoranassetsecuritizationtransaction)anyofitspropertiesorassetswithafairmarketvalueinexcessof$500,000individuallyor$1,000,000intheaggregate,except(A)pursuanttocontractsinforceatthedateofthisAgreementandlistedinSchedule5.1(a)(iii),(B)dispositionsofobsoleteorworthlessequipment,(C)transactionsinvolvingsalesofcrudeoil,naturalgas,condensate,naturalgasliquidsandotherproducedhydrocarbonsandmineralsmadeintheOrdinaryCourseofBusinessor(D)sales,transfers,leasesorotherdisposalstoanySouthcrossCompany(otherthananySXECompany);

(iv)makeanycapitalexpenditureorcapitalexpenditures(whichshallinclude,anyinvestmentsbycontributiontocapital,propertytransfers,purchaseofsecuritiesorotherwise),inexcessof$1,000,000intheaggregateexceptfor(A)anycapitalexpendituresapprovedbytheHoldingsGPBoardandincludedinthebudgetoftheSouthcrossCompaniessetforthinSchedule5.1(a)(iv)or(B)asmaybereasonablyrequiredtoconductemergencyoperations,repairsorreplacementsonanywell,pipeline,orotherfacility;

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(v)directlyorindirectly(A)acquireoragreetoacquirebymergingorconsolidatingwith,orbypurchasingalloforasubstantialEquityInterestinoranymaterialassetsof,makinganinvestmentinorloanorcapitalcontributiontoorbyanyothermanner,anyPersonordivision,businessorEquityInterestofanyPersonor(B)enterintoanyjointventure,strategicalliance,exclusivedealing,noncompetitionorsimilarcontractorarrangementthatwouldrestrictorlimit,inanymaterialrespect,theoperationsoftheHoldingsCompanies;

(vi)assume,guaranteeorendorse,orotherwisebecomeresponsiblefor,theobligationsofanyPerson,ormakeanyloans,advancesorcapitalcontributionsto,orinvestmentsin,anyotherPerson(otherthan(A)travel,relocationandsimilarexpensesoradvancestoitsemployeesintheOrdinaryCourseofBusiness,(B)intercompanyloansandadvancesamongtheSouthcrossCompanies(otherthananySXECompanies)or(C)tradecreditgrantedintheOrdinaryCourseofBusiness);

(vii)(A)exceptforcontractsrelatingtoindebtednessforborrowedmoneypermittedunderSection5.1(a)(ii)andcontractspermittedunderclause(E),enterintoanycontractoragreementthatwouldbeaSouthcrossMaterialContractifinexistenceasofthedateofthisAgreement,(B)modifyoramendinanymaterialrespectorterminateanySouthcrossMaterialContract,(C)waiveanymaterialrightsunderanySouthcrossMaterialContract,(D)releaseanyPersonfrom,ormodifyorwaiveanyprovisionof,anystandstill,confidentialityorsimilaragreement,ineachcase,relatedtoasaleofanySouthcrossCompanyor(E)enterinto,amendormodifyanycontractthatinvolvesafutureorpotentialliabilityorreceivable,asthecasemaybe,inexcessof$1,000,000andhasatermgreaterthanoneyearandcannotbecancelledbyaHoldingsCompanywithoutpenaltyorfurtherpayment(otherthanpaymentobligationsaccruedpriortothedateofthisAgreement)andwithoutmorethan90-days’notice;

(viii)exceptasprovidedinSchedule5.1(a)(viii)orasrequiredbytheterms,asofthedatehereof,ofanySouthcrossBenefitPlan,(A)increasethecompensationofanyexecutiveofficerormanagement-levelemployee,orpayanybonusorincentivecompensation,(B)grantanynewequityornon-equitybasedcompensationaward,(C)exceptintheOrdinaryCourseofBusiness(x)enterinto,establish,amendorterminateanySouthcrossBenefitPlanoranyotheragreementorarrangementwhichwouldbeaSouthcrossBenefitPlanifitwereineffectonthedateofthisAgreement,(y)acceleratethevestingorpaymentof,orincreasetheamountof,anycompensationorbenefitsunderanySouthcrossBenefitPlan,or(z)fundanySouthcrossBenefitPlanortrustrelatingtheretoor(D)grant,award,orotherwiseprovideforthepaymentofchangeofcontrolbonuses(notincludingthepaymentofthechangeofcontrolbonusessetforthin,andinaccordancewith,theConfidentialDisclosureLetter);

(ix)(A)changeitsfiscalyearoranymethodofTaxaccounting,(B)make,changeorrevokeanymaterialTaxelection,(C)settleorcompromiseanymaterialliabilityforTaxes,(D)fileanyamendedTaxReturn,or(E)surrenderanyrighttoclaimarefundforTaxes,(F)enterintoanarrangementwithanyGovernmentalAuthoritywithrespecttoTaxes,(G)consenttoanextensionofthestatuteoflimitationsapplicabletoanyTaxclaimorassessment,(H)takeanyactionorfailtotakeanyactionthatwouldreasonablybeexpectedtocauseanyHoldingsCompanythatistreatedasapartnershipordisregardedasseparatefromitsownerforU.S.federalincomeTaxpurposestobetreatedasacorporationforsuchpurposes,(I)engageinanyactivityorconductanybusinessinamannerthatwouldcauselessthan90%of

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theaggregategrossincomeoftheSXECompaniesforanycalendarquartersinceitsformationtobetreatedas“qualifyingincome”withinthemeaningofSection7704(d)oftheCodeor(J)engageinanyactivityorconductanybusinessinamannerthatwouldcauselessthan90%oftheaggregategrossincomeofSXHHoldingsanditsSubsidiariestobetreatedas“qualifyingincome”withinthemeaningofSection7704(d)oftheCode;

(x)makeanymaterialchangesinfinancialaccountingmethods,principlesorpractices(orchangeanannualaccountingperiod),exceptinsofarasmayberequiredbyachangeinGAAPorapplicableLaw;

(xi)amendorotherwisechange,orauthorizeorproposetoamendorotherwisechange,aHoldingsCompany’sOrganizationalDocuments;

(xii)adoptorenterintoaplanoragreementofcompleteorpartialliquidation,dissolution,restructuring,recapitalization,merger,consolidationorotherreorganization;

(xiii)otherthanintheOrdinaryCourseofBusiness,cancel,compromise,waiveorreleaseanyrightorclaiminamannerorwithaneffectthat,individuallyorintheaggregate,isadversetoanyoftheHoldingsCompaniesinanymaterialrespect;

(xiv)(A)permitthelapse(withoutrenewalorreplacement)ofanyexistingmaterialpolicyofinsurancerelatingtotheassets,operationsandactivitiesoftheSouthcrossCompaniesor(B)reneworreplaceanyexistinginsurancepolicyforapremiumthatisinexcessof105%ofthepremiumforsuchpolicyasofthedatehereoforthatisforaterminexcessof12months;

(xv)acceleratethecollectionofordiscountanyaccountsreceivable,delaythepaymentofaccountspayableordeferexpenses,reduceinventoriesorotherwiseincreasecashonhand,exceptintheOrdinaryCourseofBusiness;

(xvi)(A)commenceanyLegalProceeding(otherthanwithrespecttoanyLegalProceedingsagainstAMIDoranyofitsAffiliates)or(B)exceptintheOrdinaryCourseofBusiness,pay,discharge,settleorsatisfyanyLegalProceeding,providedthatsuchactionsdonotresultinthepaymentorincurrenceofliabilitiesorobligationsbyanySouthcrossCompanyofanamountinexcessof$500,000individuallyor$1,000,000intheaggregate,anddonotincludeanyequitableremediesorotherrestrictionsbindingonanySouthcrossCompanybeyondsuchcashsettlement;or

(xvii)agree,inwritingorotherwise,totakeanyoftheforegoingactions.

IfHoldingsLPrequestsAMID’sconsentinwriting(includingbye-mail)inaccordancewithSection9.8withadditionalnoticetoEricKalamarasandLouisDoreyorsuchotherindividualasAMIDshalldesignateinwritingtoHoldingsLP(the“DesignatedAMIDRepresentatives”),withrespecttoanyoftheactionsdescribedinSection5.1(a)(vii),andAMIDdoesnotprovideHoldingsLPwithawrittenconsentordenialofconsentwithrespecttheretowithinfiveBusinessDaysaftersuchrequestissenttotheDesignatedAMIDRepresentative,AMIDshallbedeemedtohaveconsentedtosuchaction;providedthatifAMIDreasonablyrequestsadditional

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informationwithinsuchfiveBusinessDayperiod,thenAMIDshallnotbedeemedtohaveconsentedtosuchactionunlessAMIDdoesnotprovideHoldingsLPwithawrittenconsentordenialofconsentwithrespecttheretowithinfiveBusinessDaysafterallsuchrequestedinformationshallhavebeenprovidedtotheDesignatedAMIDRepresentatives.IfAMIDconsentsinwritingtoanyactionofaSouthcrossCompanypursuanttoSection5.1(a),then,notwithstandinganythingtothecontrarysetforthherein,thetakingofsuchactioninaccordancewithsuchconsentshallnotbedeemedtobeabreachofHoldingsLP’srepresentationsandwarrantiesinthisAgreementortheTransactionDocuments.

(b)TheAMIDEntitiesshallcomplywiththeirrespectivecovenantsintheSXEMergerAgreement.Except(i)asexpresslypermittedbythisAgreement,(ii)asrequiredbyapplicableLaw,(iii)assetforthinSchedule5.1(b)or(iv)asconsentedtoinwritingbyHoldingsLP(whichconsentshallnotbeunreasonablywithheld,delayedorconditioned),duringtheperiodfromthedateofthisAgreementuntiltheEffectiveTime,theAMIDEntitiesshall(i)conducttheirbusinessintheOrdinaryCourseofBusinessand(ii)usecommerciallyreasonableeffortsto(A)maintainandpreserveintactitsbusinessorganizationandassets,(B)keepavailabletheservicesofitscurrentofficersandkeyemployees,(C)keepinfullforceandeffectallmaterialpermitsand(D)complyinallmaterialrespectswithallapplicableLaws.Withoutlimitingthegeneralityoftheforegoing,except(i)asexpresslypermittedbythisAgreement,(ii)asrequiredbyapplicableLaw,(iii)assetforthinSchedule5.1(b)or(iv)asconsentedtoinwritingbyHoldingsLP(whichconsentshallnotbeunreasonablywithheld,delayedorconditioned),duringtheperiodfromthedateofthisAgreementtotheEffectiveTime,theAMIDEntitiesshallnot:

(i)(A)Exceptfor(y)distributionsbyadirectorindirectSubsidiaryofAMIDtoitsparentor(z)AMID’sregularquarterlydistributions(includingfortheavoidanceofdoubtdistributionsonAMID’soutstandingpreferredunits)andassociateddistributionstotheAMIDGP,declare,setasideforpaymentorpayanydistributiononanyAMIDCommonUnitsorotherAMIDPartnershipInterests,orotherwisemakeanypaymentstotheAMIDUnitholdersintheircapacityassuch;or(B)split,combine,subdivideorreclassifyanyofitslimitedpartnershipunitsorotherinterests;

(ii)makeanymaterialchangesinfinancialaccountingmethods,principlesorpractices(orchangeanannualaccountingperiod),exceptinsofarasmayberequiredbyachangeinGAAPorapplicableLaw;

(iii)exceptasotherwisecontemplatedinconnectionwiththeTransactions,amendtheAMIDCharterDocumentsorOrganizationalDocumentsofAMIDGPinanymannerthatwouldreasonablybeexpectedto(A)prohibitormateriallyimpedeordelaytheconsummationoftheTransactionsor(B)adverselyaffectinamaterialwaytherightsthatHoldingsLPwillhavepursuanttotheAMIDGPAgreementAmendmentasaholderofClassDUnitstobeissuedatClosing;

(iv)adoptaplanoragreementofcompleteorpartialliquidation,dissolution,restructuring,recapitalization,merger,consolidationorotherreorganization(otherthantransactionsexclusivelybetweenwhollyownedSubsidiariesofAMID)thatwould(A)preventormateriallyimpedeordelaytheabilityofthepartiestosatisfyanyoftheconditionsto,ortheconsummationoftheTransactions,or(B)adverselyaffectinamaterialwaytherightsofholdersofthesecuritiesofanypartyhereto;

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(v)takeanyactionthatwouldinanymaterialrespectimpedeordelaytheabilityofthepartiestosatisfyanyoftheconditionstotheTransactions,ineachcasetoadateaftertheOutsideDate;

(vi)(A)changeitsfiscalyearoranymaterialmethodofTaxaccounting,(B)make,changeorrevokeanymaterialTaxelection,(C)takeanyactionorfailtotakeanyactionthatwouldreasonablybeexpectedtocauseanyofAMIDGP,AMIDortheirmaterialSubsidiariesthatistreatedasapartnershipforU.S.federalincomeTaxpurposestobetreatedasacorporationforsuchpurposes,or(D)engageinanyactivityorconductitsbusinessinamannerthatwouldcauselessthan90%ofthegrossincomeofAMIDforanycalendarquartersinceitsformationtobetreatedas“qualifyingincome”withinthemeaningofSection7704(d)oftheCode;or

(vii)agree,inwritingorotherwise,totakeanyoftheforegoingactions.

Section 5.2 No Solicitation .

(a)HoldingsLPshall,andshallcausetheHoldingsCompaniestoandtherespectiveRepresentativesofHoldingsLPandeachHoldingsCompanyto,immediatelyceaseandterminateanysolicitation,discussionsornegotiationswithanyPersonthatmaybeongoingwithrespecttoorthatmayreasonablybeexpectedtoleadtoanAcquisitionProposal.HoldingsLPshall,andshallcausetheHoldingsCompaniestoandtherespectiveRepresentativesofHoldingsLPandeachHoldingsCompanyto,promptlyrequestthatanysuchPersonpromptlyreturnordestroyallnon-public,confidentialorproprietaryinformationfurnishedtosuchPersonregardingtheHoldingsCompaniesbyoronbehalfofHoldingsLPortheotherSouthcrossCompaniesthatsuchPersonreceivedinconnectionwithdiscussionsornegotiationsregardingapotentialorcontemplatedAcquisitionProposal.

(b)HoldingsLPshallnot,andshallcausetheHoldingsCompaniesandtherespectiveRepresentativesofHoldingsLPandeachHoldingsCompanynotto,directlyorindirectly,(i)initiate,solicit,knowinglyencourageorknowinglyfacilitate(includingbywayoffurnishinginformation)anyinquiriesregarding,orthemakingorsubmissionofanyproposalorofferthatconstitutes,anAcquisitionProposal(provided thatnothinginthisAgreementshallprohibitanyHoldingsCompanyoritsRepresentativesfrominforminganyPersonoftheprovisionsofthisSection5.2),(ii)conductorparticipateinanydiscussionsornegotiationswithanyPersonswithrespectto,orthatcouldleadto,anAcquisitionProposalor(iii)furnishtoanyPersonanynon-publicinformationordatarelatingtoanyHoldingsCompanyoraffordaccesstothebusiness,properties,assets,or,exceptasrequiredbyLawortheOrganizationalDocumentsofsuch,booksorrecordsofanyHoldingsCompanyinanysuchcaseinconnectionwithanAcquisitionProposal.HoldingsLPshallnotifyAMIDpromptly,butinanyeventwithin24hours,orallyandinwritingifanysuchAcquisitionProposal,oranyinquiryorothercontactwithanyPersonwithrespectthereto,ismadetoHoldingsGP,HoldingsLPortheirRepresentatives.AnysuchnoticetoAMIDshallindicateinreasonabledetailtheidentityofthePersonmakingsuchAcquisitionProposal,inquiryorothercontactandthetermsandconditionsofsuchAcquisitionProposal,inquiryorothercontact.

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(c)Forpurposeshereof,“AcquisitionProposal”shallmeananySXEAlternativeProposalandanyinquiry,proposalorofferfromanyPerson(otherthanAMIDanditsRepresentatives)concerning(A)amerger,consolidation,liquidation,recapitalizationorotherbusinesscombinationtransactioninvolvingtheHoldingsLPInterests,anyEquityInterestsofHoldingsGP,(B)theissuanceoracquisitionofequityinterests,directlyorindirectly,inanyHoldingsCompany,or(C)thesale,lease,exchangeorotherdispositionofanysignificantportionofthepropertiesorassetsofanyHoldingsCompany.

(d)NothinginthisAgreementshallbeconstruedaslimitingSXE’srightsassetforthinSection5.3oftheSXEMergerAgreement.

Section 5.3 Reasonable Best Efforts .

(a)SubjecttothetermsandconditionsofthisAgreement(includingSection5.3(d)),eachofHoldingsLPandtheAMIDEntitiesshallcooperatewiththeotheranduse(andshallcauseeachoftheotherSouthcrossCompaniesandeachofAMID’sSubsidiaries,respectively,touse)itsreasonablebesteffortsto(i)take,orcausetobetaken,allactions,anddo,orcausetobedone,andtoassistandcooperatewiththeotherindoing,allthings,necessary,properoradvisableunderapplicableLawtocausetheconditionstotheClosingtobesatisfiedaspromptlyaspracticable(andinanyeventnolaterthantheOutsideDate)andtoconsummateandmakeeffective,inthemostexpeditiousmannerpracticable,theTransactions,includingpreparingandfilingpromptlyandfullywithanyGovernmentalAuthorityalldocumentationtoeffectallnecessaryfilings,notifications,notices,petitions,statements,registrations,submissionsofinformation,applicationsandotherdocuments(includinganyrequiredorrecommendedfilingsunderapplicableAntitrustLaws),(ii)obtainpromptly(andinanyeventnolaterthantheOutsideDate)andmaintainallapprovals,consents,clearances,expirationsorterminationsofwaitingperiods,registrations,permits,authorizationsandotherconfirmationsfromanyGovernmentalAuthorityorthirdpartynecessary,properoradvisabletoconsummatetheTransactions,(iii)defendanyLegalProceedingschallengingthisAgreementortheconsummationoftheTransactionsorseektohavevacated,lifted,reversedorrescindedanyinjunctionorrestrainingorderorotherorderthatprohibits,prevents,restrictsorotherwiseadverselyaffectstheabilityofthepartiestoconsummatetheTransactionsand(iv)obtainallnecessaryconsents,approvalsorwaiversfromthirdparties.

(b)Infurtheranceandnotinlimitationoftheforegoing,(i)eachpartyhereto(includingbytheirrespectiveSubsidiaries)agreestomakeanappropriatefiling(ifrequired)ofaNotificationandReportFormpursuanttotheHSRActwithrespecttotheTransactionsaspromptlyaspracticableandinanyeventwithin10BusinessDaysafterthedateofthisAgreement(unlessalaterdateismutuallyagreedtobythepartieshereto)andtosupplyaspromptlyaspracticableanyadditionalinformationanddocumentarymaterialthatmayberequestedbyanyGovernmentalAuthoritypursuanttotheHSRActoranyotherAntitrustLawanduseitsreasonablebesteffortstotake,orcausetobetaken(includingbytheirrespectiveSubsidiaries),allotheractionsconsistentwiththisSection5.3necessarytocausetheexpirationorterminationofanyapplicablewaitingperiodsundertheHSRActassoonaspracticable(and

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inanyeventnolaterthantheOutsideDate);and(ii)eachpartyshalleachuseitsreasonablebesteffortsto(x)takeallactionnecessarytoensurethatnostatetakeoverstatuteorsimilarLawisorbecomesapplicabletoanyoftheTransactionsand(y)ifanystatetakeoverstatuteorsimilarLawbecomesapplicabletoanyoftheTransactions,takeallactionnecessarytoensurethatsuchTransactionsmaybeconsummatedaspromptlyaspracticableonthetermscontemplatedbythisAgreementandotherwiseminimizetheeffectofsuchLawonthetransactions.AMIDshallberesponsibleforandpay50%ofanyandallfilingfeesdueunderanyAntitrustLawwithrespecttoallantitrustfilingswiththeremaining50%treatedasaTransactionExpense.

(c)Eachofthepartiesshalluse(andshallcausetheSouthcrossCompaniesandAMID’sSubsidiariestouse)itsreasonablebesteffortsto(i)cooperateinallrespectswitheachotherinconnectionwithanyfilingorsubmissionwithaGovernmentalAuthorityinconnectionwiththeTransactions,includingbyprovidingtheotherpartydocuments,informationandareasonableopportunitytoreviewandcommentthereoninadvance,andinconnectionwithanyinvestigationorotherinquirybyorbeforeaGovernmentalAuthorityrelatingtotheTransactions,includinganyproceedinginitiatedbyaprivatePerson,(ii)promptlyinformtheotherpartyof(andsupplytotheotherparty)anycommunicationreceivedbysuchpartyfrom,orgivenbysuchpartyto,theFederalTradeCommission,theAntitrustDivisionoftheDepartmentofJustice,oranyotherGovernmentalAuthorityandofanymaterialcommunicationreceivedorgiveninconnectionwithanyproceedingbyaprivatePerson,ineachcaseregardinganyoftheTransactions,(iii)consultwiththeotherpartypriortotakinganymaterialpositionwithrespecttothefilingsundertheHSRActoranyotherAntitrustLaw,orindiscussionswithorfilingstobesubmittedtoanyGovernmentalAuthorityorpriortoenteringintoanyagreementwithanyGovernmentalAuthority,(iv)permittheotherpartytoreviewanddiscussinadvance,andconsideringoodfaiththeviewsoftheotherpartyinconnectionwith,anyanalyses,presentations,memoranda,briefs,arguments,opinionsandproposalstobesubmittedtoanyGovernmentalAuthoritywithrespecttofilingsundertheHSRActoranyotherAntitrustLaw,(v)coordinatewiththeotherpartyinpreparingandexchangingsuchinformationandpromptlyprovidetheotherparty(anditscounsel)withcopiesofallfilings,presentationsorsubmissions(andasummaryofanyoralpresentations)madebysuchpartywithanyGovernmentalAuthorityrelatingtotheTransactionsundertheHSRActoranyotherAntitrustLawand(vi)consultwiththeotherpartyinadvanceofanymeetingorteleconferencewithanyGovernmentalAuthorityor,inconnectionwithanyproceedingbyaprivatePerson,withanyotherPerson,and,totheextentnotprohibitedbytheGovernmentalAuthorityorotherPerson,givetheotherpartytheopportunitytoattendandparticipateinsuchmeetingsandteleconferences.AMIDshallhavetheprincipalresponsibilityfordevisingandimplementingthestrategyforobtaininganyclearancesrequiredunderanyAntitrustLawinconnectionwiththeTransactionsandshalltaketheleadinallmeetingsandcommunicationswithanyGovernmentalAuthorityinconnectionwithobtainingsuchclearances,provided,however,thatAMIDshallconsultinadvancewiththeSouthcrossCompaniesandingoodfaithtaketheSouthcrossCompaniesviewsintoaccountregardingtheoverallstrategy.SubjecttoSection5.5(b),thepartiesshalltakereasonableeffortstoshareinformationprotectedfromdisclosureundertheattorney-clientprivilege,workproductdoctrine,jointdefenseprivilegeoranyotherprivilegepursuanttothisSection5.3inamannersoastopreservetheapplicableprivilege.

(d)TheAMIDEntitiesandHoldingsLP(includingbycausingtheirrespectiveSubsidiaries)agreetousetheirreasonablebesteffortsto(x)resolveanyobjections

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thataGovernmentalAuthorityorotherPersonmayassertunderanyAntitrustLawwithrespecttotheTransactions,and(y)avoidoreliminateeachandeveryimpedimentunderanyAntitrustLawthatmaybeassertedbyanyGovernmentalAuthoritywithrespecttotheTransactions,ineachcase,soastoenabletheClosingtooccuraspromptlyaspracticableandinanyeventnolaterthantheOutsideDate.Notwithstandingtheforegoing,thisclause(d)shallnotimposeanyrequirementontheAMIDEntitiesorHoldingsLP(i)todispose,transfer,orseparateanyassetsoroperations,(ii)limitAMID’sfreedomofactionwithrespectto,oritsabilitytoconsolidateandcontrol,theSouthcrossCompaniesoranyoftheirassetsorbusinessesoranyofAMID’soritsAffiliates’otherassetsorbusinessesor(iii)limitAMID’sabilitytoacquireorhold,orexercisefullrightsofownershipwithrespectto,theSouthcrossCompanies.

(e)NotwithstandinganythingtothecontrarysetforthinthisAgreement,withrespecttoanyreferenceinthisAgreementtoHoldingsLPcausinganyJointVentureEntitiestotakeanyaction,suchreferenceshallonlyrequireHoldingsLPtocausesuchJointVentureEntitytotakesuchactiontothemaximumextentpermittedbytheOrganizationalDocumentsandgovernancearrangementsoftheJointVentureEntitiesand,totheextentapplicable,itsfiduciarydutiesinrelationtotheJointVentureEntities.

Section 5.4 Public Announcements .Thepartiesshallconsultwitheachotherpriortoissuinganypublicannouncement,statementorotherdisclosurewithrespecttotheTransactionDocumentsortheTransactionsandnoneofHoldingsLPoritsAffiliates,ontheonehand,noranyoftheAMIDEntitiesandtheirrespectiveAffiliates,ontheotherhand,shallissueanysuchpublicannouncement,statementorotherdisclosurewithouthavingfirstobtainedtheotherparty’swrittenapproval,whichapprovalshallnotbeunreasonablywithheld;provided ,however ,thatHoldingsLPoritsAffiliates,ontheonehand,andanyoftheAMIDEntitiesortheirrespectiveAffiliates,ontheotherhand,maymakeanypublicdisclosurewithoutfirstsoconsultingwithornotifyingtheotherpartyorpartiesifsuchdisclosingpartybelievesthatitisrequiredtodosobyapplicableLaworbyanystockexchangelistingrequirementortradingagreement.

Section 5.5 Access to Information; Confidentiality .

(a)FromthedatehereofthroughtheClosingDate,uponreasonablenoticeandsubjecttoapplicableLawsrelatingtotheexchangeofinformation,HoldingsLPshall,andshalluseitsreasonableeffortstocauseeachoftheSouthcrossCompaniestoaffordtotheAMIDEntitiesandtheirRepresentatives(includingitsFinancingSourcesandtheirlegalandtaxadvisorsandaccountants)reasonableaccessduringnormalbusinesshours(and,withrespecttobooksandrecords,therighttocopy)toalloftheSouthcrossCompanies’properties,books,contracts,recordsandcorrespondence(ineachcase,whetherinphysicalorelectronicform),officers,employees,accountingfirms,counsel,financialadvisorsandotherRepresentatives.NoneoftheAMIDEntities’accesshereundershallincludethecollectionoranalysisofsamples,oranyinvasiveorsubsurfaceinvestigationofpropertywithoutHoldingsLP’spriorwrittenconsent,whichconsentmaybewithheldorconditionedinHoldingsLP’ssolediscretion.ExceptfordisclosurespermittedbythetermsoftheConfidentialityAgreement,eachpartyanditsRepresentativesshallholdinformationreceivedfromtheotherpartypursuanttothisSection5.5inconfidenceinaccordancewiththetermsoftheConfidentialityAgreement.

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(b)ThisSection5.5shallnotrequireHoldingsLPtopermitanyaccess,ortodiscloseanyinformation,thatinthereasonable,goodfaithjudgment(afterconsultationwithcounsel,whichmaybein-housecounsel)ofHoldingsLPwouldreasonablybeexpectedtoresultin(i)anyviolationofanycontractorapplicableLawtowhichHoldingsLPoranyofitsAffiliates,includingtheSouthcrossCompanies,isapartyorissubjectorcauseanyprivilege(includingattorney-clientprivilege)that,HoldingsLPoritsAffiliateswouldbeentitledtoasserttobeunderminedwithrespecttosuchinformationandsuchunderminingofsuchprivilegecouldinsuchparty’sgoodfaithjudgment(afterconsultationwithcounsel,whichmaybein-housecounsel)adverselyaffectinanymaterialrespectsuchparty’spositioninanypendingor,whatsuchpartybelievesingoodfaith(afterconsultationwithcounsel,whichmaybein-housecounsel)couldbe,futurelitigationor(ii)ifHoldingsLPoritsAffiliates,ontheonehand,andAMIDoranyofitsSubsidiaries,ontheotherhand,areadversepartiesinalitigation,suchinformationbeingreasonablypertinentthereto.

(c)AnyinspectionorinvestigationconductedbyanyoftheAMIDEntitiesoritsRepresentativespriortotheClosingwillbeconductedinaccordancewithapplicableLaws,includinganyapplicableEnvironmentalLaws,andinsuchmannerasnottointerfereunreasonablywiththebusinessoroperationsoftheSouthcrossCompanies.HoldingsLP(anditsAffiliates)makesnorepresentationorwarrantyastotheaccuracyofanyinformation(ifany)providedpursuanttothisSection5.5,andAMIDmaynotrelyontheaccuracyofanysuchinformation,ineachcaseotherthanasexpresslysetforthinHoldingsLP’srepresentationsandwarrantiescontainedinArticleIII.

(d)IfHoldingsLPontheonehandortheAMIDEntitiesontheotherhandexerciserightsofaccessunderthisSection5.5orotherwise(eachan“InspectingParty,”andcollectivelythe“InspectingParties”),orconductexaminationsorinspectionsunderthisSection5.5orotherwise,then(i)suchaccess,examinationandinspectionwillbeattheInspectingParty’ssolerisk,costandexpenseandsuchInspectingPartywaivesandreleases,onbehalfofitselfandeachPersonundertakinganysuchexaminationorinspectiononitsbehalf,alldamages,losses,liabilities,fines,penaltiesandexpenses(includingreasonableattorneys’fees)andotherclaimsagainsttheotherPartiesandtheirpartnersandmembersandtheirAffiliatesandtherespectiveemployees,directors,officers,attorneys,contractors,RepresentativesandagentsofsuchPersons(collectivelythe“InspectionIndemnitees”)totheextentarisinginanywaytherefrom,excepttotheextentofanInspectionIndemnitee’sgrossnegligenceorwillfulmisconduct,and(ii)excepttotheextentofanInspectionIndemnitee’sgrossnegligenceorwillfulmisconduct,theInspectingPartywillindemnify,defendandholdharmlesstheInspectionIndemniteesfromandagainstanyandalldamages,losses,liabilities,fines,penaltiesandexpenses(includingreasonableattorneys’fees)andotherclaimsofanykindorcharacterarisingoutofthegrantingofanysuchaccessortheundertakingofanysuchexaminationorinspection.THEFOREGOINGRELEASEANDINDEMNIFICATIONWILLAPPLYWHETHERORNOTSUCHDAMAGES,LOSSES,LIABILITIES,FINES,PENALTIESANDEXPENSES(INCLUDINGREASONABLEATTORNEYS’FEES)OROTHERCLAIMSARISEOUTOF(A)NEGLIGENCE(INCLUDINGSOLENEGLIGENCE,SIMPLENEGLIGENCE,CONCURRENTNEGLIGENCE,ACTIVEORPASSIVENEGLIGENCE,BUTEXCLUDINGGROSSNEGLIGENCEORWILLFULMISCONDUCT)OFTHEINSPECTIONINDEMNITEESOR(B)STRICTLIABILITY.NotwithstandinganyprovisiontothecontrarycontainedinthisAgreement,theprovisionsofthisSection5.5willsurvivetheterminationofthisAgreementpursuanttoArticleVIIandtheClosing.

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Section 5.6 Indemnification and Insurance .

(a)ForpurposesofthisSection5.6,(i)“SouthcrossCompanyIndemnifiedPerson”shallmeananypersonwhoisasoftheExecutionDate,orhasbeenorbecomesatanytimepriortotheClosing,anofficer,managerordirectorofanySouthcrossCompanyorHoldingsGPandalsowithrespecttoanysuchPerson,intheircapacityasadirector,officer,employee,member,trusteeorfiduciaryofT2LaSalleGatheringCompanyLLCorT2LaSalleGasUtilityLLC,oranypersonwhoisan“Indemnitee”assuchtermisdefinedintheSXEPartnershipAgreement,SXEGPLLCAgreement,theHoldingsLPAgreement,ortheHoldingsGPAgreement,eachasineffectonthedatehereof,andtogetherwithsuchPerson’sheirs,executorsoradministrators,(ii)“HoldingsCompanyIndemnifiedPerson”shallmeananypersonwhoisasoftheExecutionDate,orhasbeenorbecomesatanytimepriortotheClosing,anofficer,managerordirectorofanyHoldingsCompanyandalsowithrespecttoanysuchPerson,intheircapacityasadirector,officer,employee,member,trusteeorfiduciaryofanothercorporation,foundation,partnership,jointventure,trust,pensionorotheremployeebenefitplanorenterprise(whetherornotsuchotherentityorenterpriseisaffiliatedwithHoldingsLP)servingattherequestoforonbehalfofanyHoldingsCompany,oranypersonwhoisan“Indemnitee”assuchtermisdefinedintheSXEPartnershipAgreementorSXEGPLLCAgreement,eachasineffectonthedatehereof,andtogetherwithsuchPerson’sheirs,executorsoradministratorsand(iii)“Proceeding”shallmeananyactualorthreatenedclaim,action,suit,proceedingorinvestigation,whethercivil,criminal,administrative,investigativeorotherwiseandwhetherornotsuchclaim,action,suit,proceedingorinvestigationresultsinaformalcivilorcriminallitigationorregulatoryaction.

(b)FromandaftertheClosing,tothefullestextentthatanyHoldingsCompanythereofwouldberequiredtoindemnifyaHoldingsCompanyIndemnifiedPerson,AMIDshall,andshallcauseitsAffiliatesto,jointlyandseverally,agreetohonortheprovisionsregardingeliminationofliabilityofdirectors,indemnificationofofficers,directorsandemployeesandadvancementofexpensescontainedintheHoldingsCompanyOrganizationalDocumentsasoftheExecutionDateandensurethattheHoldingsCompanies’OrganizationalDocuments,foraperiodofsixyearsfollowingtheClosing,containprovisionsnolessfavorablewithrespecttoindemnification,advancementofexpensesandexculpationoftheHoldingsCompanyIndemnifiedPersonsthanarepresentlysetforthintheHoldingsCompanyOrganizationalDocuments.AnyrightofindemnificationofaHoldingsCompanyIndemnifiedPersonpursuanttothisSection5.6(b)shallnotbeamended,repealedorotherwisemodifiedatanytimeinamannerthatwouldadverselyaffecttherightsofsuchHoldingsCompanyIndemnifiedPersonasprovidedherein.

(c)HoldingsLPshall,priortotheClosing,purchasea“tailpolicy”withrespecttoactsoromissionsoccurringorallegedtohaveoccurredpriortotheClosingthatwerecommittedorallegedtohavebeencommittedbytheSouthcrossCompanyIndemnifiedPersonsinhis,heroritscapacityassuch,50%ofthecostofwhichshallbetreatedasaTransactionExpensehereunderandtheother50%ofwhichshallbetreatedasanSXETransactionExpensehereunder.InnoeventshallthecostofsuchpolicyexceedtheMaximumAmount.The

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“MaximumAmount”shallbeanamountperyearequalto300%ofcurrentannualpremiumsforthecurrentdirectors’andofficers’liabilityinsurancepoliciescoveringactsoromissionsoccurringatorpriortotheClosingDatewithrespecttotheSouthcrossCompanyIndemnifiedPersons.

(d)TherightsofanySouthcrossCompanyIndemnifiedPersonunderthisSection5.6shallbeinadditiontoanyotherrightssuchSouthcrossCompanyIndemnifiedPersonmayhaveundertheOrganizationalDocumentsofanySouthcrossCompany,theDRULPA,theDLLCAortheTBOC.TheprovisionsofthisSection5.6shallsurvivetheconsummationoftheTransactionsforaperiodofsixyearsandareexpresslyintendedtobenefiteachoftheSouthcrossCompanyIndemnifiedPersonsandtheirrespectiveheirsandrepresentatives;provided ,however ,that,ifanyclaimorclaimsforindemnificationoradvancementsetforthinthisSection5.6areassertedormadewithinsuchsix-yearperiod,allrightstoindemnificationandadvancementinrespectofanysuchclaimorclaimsshallcontinueuntildispositionofallsuchclaims.

Section 5.7 Fees and Expenses .ExceptasexpresslyprovidedotherwiseinthisAgreement,allfeesandexpensesincurredinconnectionwiththeTransactions,includingalllegal,accounting,financialadvisory,consultingandallotherfeesandexpensesofthirdpartiesincurredbyapartyinconnectionwiththenegotiationandeffectuationofthetermsandconditionsofthisAgreementandtheTransactions,shallbetheobligationoftherespectivepartyincurringsuchfeesandexpenses.

Section 5.8 Tax Matters .

(a)TaxTreatmentoftheTransaction.Thepartiesintend,forU.S.federalincomeTaxpurposes,that:(i)thecontributionoftheSXHHoldingsInterestshallbetreatedconsistentwith(A)acontributionbyHoldingsLPtoAMIDGPofaportionoftheassetsofSXHHoldingsinexchangefortheAMIDGPClassDUnitConsiderationinatransactionsubjecttoSection721(b)oftheCode,followedbyacontributionofsuchassetsbyAMIDGPtoAMIDinatransactionconsistentwiththerequirementsofSection721(a),(B)acontributionbyHoldingsLPtoAMIDofaportionoftheassetsofSXHHoldingsinexchangefortheAMIDCommonUnitConsiderationandtheAMIDPreferredUnitConsideration,andtheassumptionbyAMIDofanyqualifiedliabilitieswithinthemeaningofSection1.707-5(a)(6)oftheTreasuryRegulations(anysuchliability,a“QualifiedLiability”)inatransactionconsistentwiththerequirementsofSection721(a)oftheCodeand(C)asalebyHoldingsLPtoAMIDofaportionoftheassetsofSXHHoldingsinexchangeforcashconsideration,ifany,plustheexcessoftheliabilities(otherthanQualifiedLiabilitiestotheextentprovidedintheTreasuryRegulations)assumedbyAMIDoverHoldingsLP’sshareofsuchliabilitiesimmediatelyaftersuchassumption,asdeterminedforthepurposesofU.S.TreasuryRegulationsSection1.707-5(a)(1),ineachcasesubjecttotheprovisionsofTreasuryRegulationsSection1.707-5(a)(5);and(ii)theportionoftheindebtednessactuallyordeemedassumedbyAMIDforfederalincometaxpurposesandidentifiedbyHoldingsLPas“QualifiedLiabilities”,whichshallbeprovidedbyHoldingsLPtoAMIDatClosing,shallbetreatedasQualifiedLiabilities.Thetaxtreatmentdescribedintheprecedingsentenceisreferredtoasthe“IntendedTaxTreatment.”ThePartiesagreetofileallTaxReturnsandotherwiseactatalltimesinamannerconsistentwiththeIntendedTaxTreatment,excepttotheextentrequiredbyapplicableLaworifAMIDdetermines

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thatthereisnotamorelikelythannotbasisunderapplicableLawfortheIntendedTaxTreatmentdescribedinclause(ii)aboveandHoldingsLPisunabletoprovidealegalopinionfromLockeLordLLP(oralawfirmofsimilarreputation)thatthereisamorelikelythannotbasisforsuchaspectsoftheIntendedTaxTreatment.ThecostsofanylegalopinionshallbebornebyHoldingsLP.

(b)TaxReturns;Refunds.

(i)AMIDshallcausetobepreparedandfiledinamannerconsistentwithpastpractices(unlessotherwiserequiredbyapplicableLaw)allTaxReturnsofSXHHoldingsanditsSubsidiariesforallTaxperiodsendingonorbeforetheClosingDatethataredueaftertheClosingDateandshallpayorcausetobepaidallTaxesreflectedonandduewithrespecttosuchTaxReturns.

(ii)ExceptasotherwiserequiredbyLaw,withoutthepriorwrittenconsentofHoldingsLP(suchconsentnottobeunreasonablywithheld,conditionedordelayed),noneofAMID,anySouthcrossCompany,oranyAffiliatethereofshall,withrespecttoSXHHoldingsoranyofitsSubsidiariesforanyPre-ClosingTaxPeriod:(A)makeanyTaxelectionundertheCodeoranyotherTaxlaw;or(B)fileanyamendedTaxReturnoragreetoanyadjustmentofanyitemwithaTaxingAuthoritythatrelatestoaPre-ClosingTaxPeriodTaxReturnofSXHHoldingsoranyofitsSubsidiaries,ifinanysuchcase,suchactionwouldhavetheeffectofincreasingHoldingsLP’s(oritsdirectorindirectowner’s)liabilityforanyTaxesorincreasingtheindemnificationobligationssetforthinArticleVIII.Inaddition,exceptasotherwiserequiredbyLaw,noneofAMID,anySouthcrossCompany,oranyAffiliatethereofshall,withrespecttoSXHHoldingsoranyofitsSubsidiaries,changetheTaxtreatmentofanyitemonaTaxReturnfiledaftertheClosingDateascomparedtothetreatmentofsuchitemonaTaxReturnfiledbyanySouthcrossCompanypriortotheClosingDatetotheextentthatsuchchangehasamaterialretroactiveeffectonanyTaxReturnforaPre-ClosingTaxPeriod.

(iii)ExcepttotheextentofPre-ClosingTaxeswhichhavebeenpaidbyorotherwisereservedforpaymentonthebooksandrecordsofSXHHoldingsanditsSubsidiariesasoftheClosingDate,HoldingsLPshallpay(orcausetobepaid),andshalljointlyandseverallyindemnifyandholdharmlessAMIDanditsAffiliatesfrom,allPre-ClosingTaxesowedbyorwithrespecttoSXHHoldings,itsSubsidiaries,ortheassetsandoperationsofSXHHoldingsanditsSubsidiaries;providedthatwithrespecttoSXEanditsSubsidiaries,HoldingsLPshallonlybeliableforitsproportionateshareofthePre-ClosingTaxesrelatedtoSXEanditsSubsidiaries(otherthantaxespayablebySXEanditsSubsidiaries,withrespecttosuchtaxesthisprovisoshallnotapply)basedonHoldingsLP’sbeneficialownershipofoutstandingequityinterestsinSXEimmediatelypriortotheClosingascomparedtotheaggregateoutstandingequityinterestsinSXEimmediatelypriortotheClosing.

(iv)IfAMIDoranyofitsSubsidiariesreceivesaTaxrefundarisingfromorattributabletoaPre-ClosingTaxPeriodofSXHHoldingsoranyofitsSubsidiaries,suchrefundshallbepaidtotheHoldingsLP.

(c)Controversies.IfAMIDoranySouthcrossCompanyshouldreceivenoticethattheInternalRevenueServiceoranyotherGovernmentalAuthorityintendstoaudita

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TaxReturnofSXHHoldingsoranyofitsSubsidiariesforanyPre-ClosingTaxPeriod,suchpartyshall,withintenBusinessDaysofreceivingsuchnotice,providewrittennoticetotheotherparty.HoldingsLPshallhavetherighttoengageanaccountingfirmortaxattorney,atHoldingsLP’ssolecost,whowillfullyparticipateatalltimeswithAMID’sdesignatedaccountantsortaxattorney,ifany,inconnectionwithallmattersrelatedtotheaudit(e.g.responsestoalldocumentrequestsbythetaxingauthority,meetingwithrepresentativesofthetaxingauthority,anysettlementdiscussionsoroffers,etc.).IftheauditinvolvesonlyperiodsandissuesprecedingtheClosingDate,HoldingsLPwilltaketheleadandmakealldecisionsregardingSXHHoldingsoranyofitsSubsidiariesbothbeforeandaftertheClosingDate,HoldingsLPandAMIDwilljointlymakealldecisionsregardingtheaudit,withtheconsentofallpartiesnottobeunreasonablywithheld,conditionedordelayed.IfHoldingsLPandAMIDshoulddisagreeonanydecisionrelatedtotheaudit,theAccountingFirmshallresolvethedisagreement,withthepartiesherebyagreeingtofollowtheactionrecommendedbysuchAccountingFirm.Notwithstandingtheforegoing,ifnoticeisgiventoHoldingsLPofthecommencementofanyauditandHoldingsLPdoesnot,within10BusinessDaysaftersuchnoticeisgiven,givenoticetoAMIDofitselectiontoassumethedefensethereof,AMIDshallcontrolsuchauditandHoldingsLPshallbeboundbyanydeterminationmadeinsuchauditoranycompromiseofsettlementthereofeffectedbyAMID.

(d)Cooperation.InconnectionwiththepreparationofTaxReturns,auditexaminationsandanyadministrativeorjudicialproceedingsrelatingtotheTaxliabilitiesimposedonSXHHoldingsoranyofitsSubsidiariesforallPre-ClosingTaxPeriods,thepartiesshallcooperatefullywitheachother,including,withoutlimitation,thefurnishingormakingavailableduringnormalbusinesshoursofrecords,information,personnel(asreasonablyrequired),booksofaccount,powersofattorneyorothermaterialsreasonablyrelevantorhelpfulforthepreparationofsuchTaxReturns,theconductofauditexaminationsorthedefenseofclaimsbyTaxingAuthoritiesastotheimpositionofTaxes.AMIDagreesto:(i)retainallbooksandrecordswithrespecttoTaxMatterspertinenttotheSouthcrossCompaniesrelatingtoanyPre-ClosingTaxPerioduntiltheexpirationoftheapplicablestatuteoflimitationsandanyextensionthereoffortherespectivetaxableperiods,andtoabidebyallrecordretentionagreementsenteredintowithanytaxingauthority;and(ii)reasonablycooperatewithHoldingsLP,ifHoldingsLPrequests,totakepossessionofsuchbooksandrecords.AMIDandHoldingsLPshall,uponwrittenrequestofHoldingsLP,usetheircommerciallyreasonableeffortstoobtainanycertificateorotherdocumentfromanyGovernmentalAuthorityoranyotherPersonasmaybenecessarytomitigate,reduceoreliminateanyTaxthatcouldbeimposed(including,butnotlimitedto,withrespecttotheTransactions).

(e)TransferTaxes.NotwithstandinganythinginthisAgreementtothecontrary,anysales,use,valueadded,transfer,stamp,registration,documentary,excise,realpropertytransferorgains,orsimilarTaxesincurredasaresultoftheTransactionsshallbeborne50%byAMID,withtheremaining50%consideredaTransactionExpense;provided, however, thatanysuchTaxesincurredsolelyasaresultoftheInitialContributionwhichwouldnothavebeenotherwiseincurredwithrespecttotheTransactionsiftheInitialContributionwerenotpartoftheTransactionsshallbeborneexclusivelybyHoldingsLP.

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(f)TreatmentofIndemnityandOtherPayments.AllindemnityandotherpaymentsmadeunderthisAgreementshallbetreatedforallTaxpurposesasadjustmentstotheConsideration,exceptasotherwiserequiredbyLaw.

(g)FIRPTACertificate.OnorpriortotheClosingDate,HoldingsLPshalldelivertoAMID,inaformandmannerreasonablysatisfactorytoAMID,acertificateofnon-foreignstatusassetforthinU.S.TreasuryRegulationssection1.1445-2(b),datedasoftheClosingDateandsignedbyanauthorizedsignatoryofHoldingsLP.

(h)TaxElection.PriortotheClosingDate,SouthcrossHoldingsIntermediaryLLCshallhaveelectedtobeclassifiedasadisregardedentityforU.S.federalincometaxpurposeswithaneffectivedatepriortotheClosingDate.

(i)NotwithstandinganyprovisiontothecontrarycontainedinthisAgreement,theprovisionsofthisSection5.8willsurvivetheClosing.

Section 5.9 Employee Matters .

(a)AMIDshall(i)forthesix-monthperiodimmediatelyfollowingtheClosingDate,treateachemployeeoftheSouthcrossCompaniesasoftheClosingwhocontinuesemploymentwithAMID,AMIDGPoranyoftheirrespectiveSubsidiariesfollowingtheClosing(a“SouthcrossEmployee”),equallytosimilarlysituatedemployeesofAMID,AMIDGPortheirrespectiveSubsidiarieswithrespecttocompensationandemployeebenefits,or,withrespecttocertainSouthcrossEmployees,provideforcontinuedparticipationundercertainSouthcrossBenefitPlans,and(ii)forthe12-monthperiodimmediatelyfollowingtheClosingDate,causetheSouthcrossCompaniestocomplywiththetermsoftheSouthcrossEnergyPartnersGPLLCEmployeeProtectionPlan.NoprovisionofthisAgreementshallbeconstruedasaguaranteeofcontinuedemploymentofanySouthcrossEmployeeandthisAgreementshallnotbeconstruedsoastoprohibitAMID,AMIDGPoranyoftheirrespectiveSubsidiariesfromhavingtherighttoterminatetheemploymentofanySouthcrossEmployee,providedthatanysuchterminationiseffectedinaccordancewithapplicableLaw.

(b)TotheextentanySouthcrossEmployeesbecomeeligibletoparticipateinanyAMIDBenefitPlans,AMIDshallusecommerciallyreasonablyeffortsto,anditshallcauseitsAffiliates(includingtheSouthcrossCompanies)tousecommerciallyreasonablyeffortsto,causeeachoftheAMIDBenefitPlanstogiveeachSouthcrossEmployeefullcredit(forallpurposes,includingeligibilitytoparticipate,vesting,vacationorPTOentitlementandseverancebenefits)forallservicewiththeSouthcrossCompaniespriortotheClosingDate;provided,however,that(i)suchserviceneednotbecreditedtotheextentitwouldresultinaduplicationofbenefits,and(ii)suchservicecreditshallnotbegivenwithrespecttobenefitaccrualsunderanydefinedbenefitpensionplan.Inaddition,AMIDshallusecommerciallyreasonablyeffortsto,anditshallcauseitsAffiliates(includingtheSouthcrossCompanies)tousecommerciallyreasonablyeffortsto(x)causetobewaivedanyeligibilitywaitingperiods,anyevidenceofinsurabilityrequirementsandtheapplicationofanypre-existingconditionlimitationsundereachoftheAMIDBenefitPlans,and(y)credittheexpensesofsuchSouthcrossEmployeesthatwerecreditedtowarddeductiblesorout-of-pocketlimitsfortheSouthcrossBenefitPlansfortheplanyearuptotheClosingDateagainstsatisfactionofanydeductiblesorout-of-pocketlimitsforthe

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AMIDBenefitPlansforperiodsfollowingtheClosingDate.“AMIDBenefitPlan”means(i)all“employeebenefitplans”(withinthemeaningofSection3(3)ofERISA)and(ii)allothercompensationoremployeebenefitplans,programs,policies,agreementsorotherarrangements,whetherornotsubjecttoERISA,including,cashorequityorequity-based,employment,retention,changeofcontrol,health,medical,dental,disability,accident,lifeinsurance,vacation,severance,retirement,pension,savings,ortermination,ineachcaseofclauses(i)and(ii)thataresponsored,maintained,contributedtoorrequiredtobecontributedtobyAMIDoranyofitsSubsidiariesforthebenefitofcurrentorformeremployees,directorsorconsultantsofAMIDoritsSubsidiaries.

(c)TheprovisionsofthisSection5.9areforthesolebenefitofthepartiesheretoandnothingherein,expressorimplied,isintendedorshallbeconstruedtoconferuponorgivetoanyperson(includinganySouthcrossEmployee),otherthanthepartiestothisAgreementandtheirrespectivesuccessorsandpermittedassigns,anylegalorequitableorotherrightsorremediesunderorbyreasonofanyprovisionofthisSection5.9.Nothingcontainedherein,expressorimplied:(i)shallbeconstruedtoestablish,amendormodifyanybenefitplan,program,agreementorarrangement(includinganySouthcrossBenefitPlanorbenefitplan,arrangementoragreementofAMIDofitsAffiliates);(ii)shallalterorlimitAMID’soranyofitsAffiliate’sabilitytoamend,modifyorterminateanybenefitplan,program,agreementorarrangement(includinganySouthcrossBenefitPlanorbenefitplan,arrangementoragreementofAMIDofitsAffiliates);or(iii)isintendedtoconferuponanySouthcrossEmployeeanyrighttoemploymentorcontinuedemploymentforanyperiodoftimebyreasonofthisAgreement,oranyrighttoaparticulartermorconditionofemployment.

Section 5.10 Notification of Certain Matters .HoldingsLPshallgivepromptnoticetotheAMIDEntities,andtheAMIDEntitiesshallgivepromptnoticetoHoldingsLP,of(a)anynoticeorothercommunicationreceivedbysuchpartyfromanyGovernmentalAuthorityinconnectionwiththeTransactionsorfromanyPersonallegingthattheconsentofsuchPersonisormayberequiredinconnectionwiththeTransactions,ifthesubjectmatterofsuchcommunicationorthefailureofsuchpartytoobtainsuchconsentisreasonablylikelytobematerialtotheHoldingsCompaniesortheAMIDEntities,(b)anyactions,suits,claims,investigationsorproceedingscommencedor,tosuchparty’sKnowledge,threatenedagainst,relatingtoorinvolvingorotherwiseaffectingsuchpartyoranyofitsSubsidiariesandthatrelatetotheTransactions,(c)thediscoveryofanyfactorcircumstancethat,ortheoccurrenceornon-occurrenceofanyeventtheoccurrenceornon-occurrenceofwhich,wouldresultinthefailuretobesatisfiedofanyoftheconditionstotheClosinginArticleVIand(d)anymaterialfailureofsuchpartytocomplywithorsatisfyanycovenantoragreementtobecompliedwithorsatisfiedbyitherebywhichwouldresultinthefailuretobesatisfiedofanyoftheconditionstotheClosinginArticleVI;provided that,inthecaseofclauses(c)and(d),thefailuretocomplywiththisSection5.10shallnotresultinthefailuretobesatisfiedofanyoftheconditionstotheClosinginArticleVI,orgiverisetoanyrighttoterminatethisAgreementunderArticleVII,iftheunderlyingfact,circumstance,eventorfailurewouldnotinandofitselfgiverisetosuchfailureorright;provided, further ,thatnothinginthisSection5.10shallpreventHoldingsLPoranyAMIDEntityfromhavinganyrighttoindemnificationunderArticleVIIIhereunderwithrespecttoanyofthematterstowhichanysuchnotificationpertains.

Section 5.11 Financing Efforts .

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(a)TheAMIDEntitiesshallusetheirrespectivereasonablebesteffortstopromptlytake,orcausetobetaken,allactionsandtodo,orcausetobedone,allthingsreasonablynecessary,properoradvisabletoenabletheAMIDEntitiestoarrange,consummateandobtaintheFinancingpriortotheOutsideDate,includingpayingwhendueanyandallfeesoramountspayableunderanydebtengagementletterordebtcommitmentletterwithrespecttotheFinancing.

(b)TheAMIDEntitiesshall(i)furnishHoldingsLPcomplete,correctandexecutedcopiesofanyfinancingagreemententeredintoinaccordancewiththisSection5.11(“FinancingAgreement”)promptlyuponitsexecution,(ii)giveHoldingsLPpromptwrittennoticeofanybreachorthreatenedbreachofwhichanyAMIDEntityisorbecomesawarebyanypartyofanyFinancingAgreementsoranythreatenedterminationthereof,and(iii)otherwisekeepHoldingsLPreasonablyinformedonacurrentandtimelymannerofthestatusofitseffortstoarrangetheFinancing.

Section 5.12 Financing Cooperation .

(a)ToassistAMID’seffortsobtaintheFinancing,upontherequestofAMID,HoldingsLPshallcausetheSouthcrossCompaniestoprovide,andtousetheirreasonablebesteffortstocausetheirrespectiveRepresentatives,includingtheirlegal,tax,regulatoryandaccountingRepresentatives,toprovide,suchcooperationasmaybereasonablyrequestedbyAMIDinconnectionwithAMID’seffortstoobtaintheFinancingortoeffectuatethepayoffandreleaseofthePayoffIndebtedness,providedthat(x)theSouthcrossCompaniesandtheirrespectiveRepresentativesshallonlyberequiredtoprovidesuchcooperationasisreasonableandiscustomarilyprovidedbysellerstoenablebuyerstoobtainfinancingintransactionssimilartotheTransactionsandtheSXEMergerTransactions,and(y)AMIDshallbeobligatedtoreimbursetheSouthcrossCompaniesandtheirrespectiveRepresentativesforallreasonableout-of-pocketcostsandexpensesincurredbytheSouthcrossCompaniesandtheirRepresentativesinprovidingsuchcooperation.Ifsoreasonablyrequested,suchcooperationshallincludethefollowingactionstobetakenbytheSouthcrossCompanies:

(i)causingmembersoftheseniormanagementoftheSouthcrossCompanies,externalauditorsandothernon-legaladvisorstoassistinpreparationforandtoparticipateinareasonablenumberofmeetings,presentations,roadshows,duediligencesessions,draftingsessionsandsessionswithfinancingsourcesandpotentiallenders;

(ii)totheextentappropriate,usingcommerciallyreasonablebesteffortstoenabletheeffortstocompletetheFinancingtobenefitfromtheSouthcrossCompanies’existinglendingandinvestmentbankingrelationships;

(iii)usingreasonablebesteffortstoassistwiththetimelypreparationofratingagencypresentations,roadshowmaterials,bankinformationmemoranda,creditagreements,offeringdocuments,privateplacementmemorandaandsimilardocumentsrequiredinconnectionwiththeFinancing,includingthemarketingthereof;;

(iv)usingreasonablebestefforts(includingbyprovidingcustomaryrepresentationstosuchaccountants)tocauseaccountantstoconsenttotheuseoftheirauditreportsrelatingtotheSouthcrossCompaniesinanymaterialrelatingtotheFinancingandtoprovidecustomarycomfortletters;and;

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(v)subjecttoSection5.5hereofandtotheextentrequiredfortheFinancing,furnishingtoAMIDanditsFinancingSourcesaspromptlyaspracticablewithsuchfinancialstatements,proformafinancialinformation,financialdata,auditreportsandotherinformationregardingtheSouthcrossCompanies(A)ofthetyperequiredbyRegulationS-XandRegulationS-KundertheSecuritiesActforregisteredofferingsofdebtsecuritiesofAMIDandofthetypeandformcustomarilyincludedinofferingdocumentsusedinprivateplacementspursuanttoRule144ApromulgatedundertheSecuritiesAct(including,totheextentrequiredpursuanttotheSecuritiesAct,thereportoftheSouthcrossCompanies’auditorthereonandrelatedmanagementdiscussionandanalysisoffinancialconditionandresultsofoperations)ornecessaryforthepreparationofacustomaryconfidentialinformationmemorandumforcreditfacilityfinancingstoconsummatetheoffering(s)ofdebtsecuritiesorsyndicationofcreditfacilities,asapplicable,contemplatedbytheFinancing(provided thatinnocircumstanceshalltheSouthcrossCompaniesberequiredtoprovidesubsidiaryfinancialstatementsoranyotherinformationofthetyperequiredbyRule3-09,Rule3-10orRule3-16ofRegulationS-X,CompensationDisclosureandAnalysisrequiredbyRegulationS-KItem402(b)orotherinformationcustomarilyexcludedfromaRule144Aofferingmemorandum),or(B)asotherwisereasonablynecessaryinordertoreceivecustomary“comfort”(including“negativeassurance”comfort)fromtheSouthcrossCompanies’independentaccountantswithrespecttothefinancialinformationtobeincludedinsuchofferingdocuments(allsuchinformationinclauses(A)and(B)ofthisclause(v),the“RequiredInformation”);

(vi)takingsuchactionsasarereasonablyrequestedbyAMIDortheFinancingSourcestofacilitatethesatisfactionoftheconditionstotheFinancing,includingobtainingreasonablyrequestedlegalopinionsfromHoldingsLP’slegalcounselandcooperatingreasonablywithAMID’slegalcounselinconnectionwithanylegalopinionsthatsuchcounselmayberequiredtodeliverinconnectionwiththeFinancing;

(vii)executinganddelivering,atandeffectiveasoftheClosing,suchdefinitivefinancingdocuments,includinganycreditorpurchaseagreements,guarantees,pledgeagreements,securityagreements,mortgages,deedsoftrustandothersecuritydocuments,borrowingbasecertificates,solvencycertificatesorothercertificates,documentsandinstrumentsrelatingtoguarantees,thepledgeofcollateralandsimilardocuments,asmaybereasonablyrequestedbyAMIDinconnectionwiththeFinancing,andotherwisereasonablyfacilitatingthepledgingofcollateralandcooperatingreasonablyinconnectionwiththepay-offofexistingIndebtednessandthereleaseofrelatedLiens,andnegotiatinganddeliveringcustomarypayoffandreleaselettersasmaybereasonablyrequestedbyAMIDinconnectionwiththeFinancingandAMID’seffortstoeffectthereplacementorbackingofanyoutstandingletterofcreditmaintainedorprovidedbytheSouthcrossCompaniesatandeffectiveasoftheClosing;

(viii)takingallcorporateorotheractionsandprovidingsuchotherassistancereasonablynecessaryorreasonablyrequestedbyAMIDtopermittheFinancingSourcestoconductauditexaminations,appraisalsandotherevaluationswithrespecttotheSouthcrossCompanies’currentassetsandothercollateral,andtoevaluateitscashmanagementandaccountingsystems,policiesandproceduresrelatingtheretoforthepurposesofestablishingcollateralarrangements(includingestablishingbankandotheraccountsandblockedaccountandcontrolagreementsinconnectionwiththeforegoing);

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(ix)atleastfiveBusinessDayspriortoClosing,providingsuchdocumentationandotherinformationabouteachmemberoftheSouthcrossCompaniesthatisreasonablyrequestedbytheFinancingSourcesandtheFinancingSourcesreasonablydetermineisrequiredbyapplicable“knowyourcustomer”andanti-moneylaunderingrulesandregulationsincludingwithoutlimitationtheUSAPATRIOTAct;

(x)takingallcorporateorotheractions,andprovidingsuchotherassistance,reasonablynecessaryorreasonablyrequestedbyAMIDtopermittheconsummationoftheFinancingandtopermittheproceedsthereof,includinganyhighyieldfinancing,togetherwiththecashattheSouthcrossCompaniestobemadeavailabletoAMIDattheClosingtoconsummatetheTransactions;and

(xi)obtaining,notlaterthantwoBusinessDayspriortotheClosing,theDebtPayoffLetterstobedeliveredatClosing.

(b)HoldingsLPwill,andwillcausetheSouthcrossCompaniesto,periodicallyupdateanyRequiredInformationtobeincludedinanyofferingdocumenttobeusedinconnectionwiththeFinancingpriortothecommencementofaperiod(the“MarketingPeriod”)ofatleast20consecutiveBusinessDayscommencingonthedateonwhichallRequiredInformationhasbeendeliveredtoAMIDandtheFinancingSources.HoldingsLPagreesthatitshallinformAMIDifitbecomesawarethatanyRequiredInformationcontainsanyuntruestatementofmaterialfactoromitsanymaterialfactnecessaryinordertomakethestatementscontainedthereinnotincorrectormisleading.HoldingsLPherebyconsentstotheuseoftheSouthcrossCompanies’logosinconnectionwiththeFinancing.

(c)NotwithstandinganythingtothecontrarycontainedinSections5.13(a)or5.13(b),nothinginthisAgreementshallrequire(i)anycooperationorotheractiontotheextentthatitwouldunreasonablyinterferewiththebusinessoroperationsoftheSouthcrossCompanies,(ii)anycooperationthatwouldrequireHoldingsLPoranySouthcrossCompanytotakeanyactionthatwillconflictwithorviolateitsOrganizationalDocumentsoranyLawsorresultinthecontraventionof,orthatwouldreasonablybeexpectedtoresultinaviolationorbreachof,ordefaultunder,anycontracttowhichHoldingsLPoranyoftheSouthcrossCompaniesisapartyasofthedatehereof,or(iii)theboardofdirectors(orothergoverningbody)ofHoldingsLPoranyoftheSouthcrossCompaniestoapproveanyfinancingoragreementsrelatedthereto(oranyalternativefinancing)priortotheEffectiveTime.

Section 5.13 Interim Financial Statements .UntiltheClosingDate,HoldingsLPshalldelivertoAMID,within40daysaftertheendofeachcalendarmonth,acopyoftheunauditedbalancesheetreflectingtheoperationsoftheSouthcrossCompaniesasoftheendofeachsuchcalendarmonth,andtherelatedunauditedstatementsofoperations,partners’capitalandnoncontrollinginterestsandcashflowsforsuchcalendarmonth,preparedinamannerandcontaininginformationconsistentwiththeSouthcrossCompanies’currentpractices.

Section 5.14 Contribution .

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(a)PriortotheClosing,HoldingsLPshallprepareandfileacertificateofformationofSXHHoldingswiththeSecretaryofStateoftheStateofDelaware;provided thatHoldingsLPshallfirstgiveAMIDareasonableopportunitytoreviewandcommentthereoninadvance.SXHHoldingswillbeformedsolelyforthepurposeofengaginginthetransactionscontemplatedherebyand,priortotheInitialContribution,willhaveengagedinnootherbusinessactivitiesandwillhaveincurrednoliabilitiesorobligationsotherthan(i)annualfranchisetaxesand(ii)asexpresslycontemplatedherein.

(b)OntheFormationDate,HoldingsLPshallexecutealimitedliabilitycompanyagreementforSXHHoldings;provided thatHoldingsLPshallfirstgiveAMIDareasonableopportunitytoreviewandcommentthereoninadvance.

(c)ImmediatelypriortotheEffectiveTime,HoldingsLPandSXHHoldingsshalleffecttheInitialContribution.

Section 5.15 Books and Records .

(a)TotheextentnotlocatedatafacilitythatwillbeownedorleasedbyaHoldingsCompanyatClosing,atorpriortotheClosing,HoldingsLPshall,andshallcauseitspartnersandAffiliatesto,delivertotheAMIDEntities,ortoaHoldingsCompanyfacility,alloriginal(andanyandallcopiesof)agreements,documents,booksandrecords,filesandotherinformation,andallcomputerdisks,records,tapesandanyotherstoragemediumonwhichanysuchagreements,documents,booksandrecords,filesandotherinformationisstored,inanysuchcase,relatingtothebusinessandoperationsoftheHoldingsCompanies,thatareinthepossessionoforunderthecontrolofHoldingsLPandHoldingsGP.

(b)Notwithstandingtheforegoing,HoldingsLP,HoldingsGPanditspartnersandAffiliates(notincludingtheHoldingsCompanies)shallhavetherighttoretain(a)photocopiesofallbooksandrecordsoftheHoldingsCompanies,ineachcase,relatingtoperiodsendingonorpriortotheClosingDate(i)asrequiredbyanyGovernmentalAuthority,includinganyapplicableLaworregulatoryrequestor(ii)asmaybereasonablynecessaryforHoldingsLPitspartnersandtheirrespectiveAffiliatestoperformtheirrespectiveobligationspursuanttothisAgreementandtheotherTransactionDocuments,(b)alldataroommaterials,photocopiesofbidsandallbooksandrecords(includinganyfinancialanalysisrelatingtosuchbids)preparedinconnectionwiththeTransactionsandtheSXEMergerTransaction,including(1)anybooksandrecordsthatmayberelevantinconnectionwithanyindemnityclaimsarisingunderthisAgreementorthedefenseofdisputesarisingunderthisAgreementortheTransactionDocumentsor(2)financialinformationandallotheraccountingbooksandrecordspreparedorusedinconnectionwiththepreparationoffinancialstatementsofHoldingsLP,anditsAffiliatesandtheSouthcrossCompanies,and(c)anybooksandrecordstotheextentreasonablynecessarytoprepareHoldingsLP’sandHoldingsGP’sfinancialstatementsandTaxReturns(collectively,the“Records”).Additionally,aftertheClosingDate,AMIDwillgranttoHoldingsLP(oritsRepresentatives)reasonableaccessfollowingreasonableadvancenoticeatallreasonabletimestotheRecords,andwillaffordHoldingsLPanditsRepresentativestherighttomakecopiesthereofatHoldingsLP’ssoleexpense,totheextentreasonablynecessarytoprepareHoldingsLPorHoldingsGPfinancialstatementsorTaxReturns;providedthatsuchaccessshallnotunreasonablyinterferewiththebusinessoroperationsofAMIDoritsemployees.AMIDwill

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maintaintheRecordsinaccordancewithAMID’sdocumentretentionpolicies.AnysuchmaterialsretainedbyHoldingsLP,itspartnersandAffiliatesshallbeconsidered“ConfidentialInformation”assuchtermisdefinedintheConfidentialityAgreementandeachofthemshallholdsuchmaterialsinconfidenceinaccordancewiththetermsoftheConfidentialityAgreement;provided fortheavoidanceofdoubtthattherequirementsofthisSection5.16shallsurviveanyterminationoftheConfidentialityAgreementandprovided, further thatHoldingsLPshallbeabletouseanddisclosesuchinformationasrequiredinconnectionwithitsfinancialstatementsandTaxReturns.PriortoClosing,ifreasonablyrequestedbyHoldingsLP,andatthesolecostandexpenseofHoldingsLP,theAMIDEntitiesandHoldingsLPwillusecommerciallyreasonableeffortstoaddressandresolveanyneedsidentifiedbyHoldingsLPwithrespecttotheassistanceofpersonnelofAMIDanditsSubsidiariesthatmayberequiredbyHoldingsLPafterClosingwithrespecttothepreparationofHoldingsLP’sTaxReturnsandfinancialstatements.

(c)HoldingsLPshallbepermittedtoremoveanyandallbooksandrecords(includinganyelectronicrecords)ofHoldingsLPandHoldingsGPfromanyHoldingsCompanyfacilitiesthatdonotrelatetotheoperationofthebusinessoftheHoldingsCompanies,andfromandafterClosingtheAMIDEntitiesshallreasonablycooperatewithHoldingsLPandprovideHoldingsLPreasonableaccesstotheHoldingsCompanyfacilitieswithrespectthereto.

Section 5.16 SXE Credit Facilities .

(a)IftheSXEMergerTransactionisnotclosingimmediatelyafterClosing,thenwithrespecttotheSXECreditFacilities,atleastfivebusinessdayspriortotheClosingDate,HoldingsLPshallprovidetoAMID(i)apayoffletter(the“SXEPayoffLetter”),whichwillprovidethedollaramountofallindebtednessrequiredtobepaidundertheSXECreditFacilitiesinordertofullypayofftheSXECreditFacilitiesasoftheClosingandtoreleaseallLiensandguaranteesthereunderuponsuchpayment,executedbytheapplicableadministrativeagentforthelenders(and,totheextentofanyconsentneededbyanylendersorbyanyotherPersonthatisthebeneficiaryofanyLienssecuringtheSXECreditFacilities,bysuchlendersorothersuchPerson)undertherespectiveSXECreditFacilitiesontermsandconditionsreasonablysatisfactorytoAMIDGP,suchtermstoincludeeither(A)theadministrativeagent’s(onbehalfofthelendersandanyotherPersonthatisthebeneficiaryofanyLienssecuringtheSXECreditFacilities)affirmativecovenanttofileallnecessaryUCCandLienterminationswithinfivebusinessdaysfollowingtheClosingDate,or(B)suchadministrativeagent’s(onbehalfofthelendersandanyotherPersonthatisthebeneficiaryofanyLienssecuringtheSXECreditFacilities)expressauthorizationfortheAMIDEntitiestohaveanysuchdocumentsfiledonbehalfoftheadministrativeagent,lendersoranyotherPersonthatisthebeneficiaryofanyLiensecuringtheSXECreditFacilities,and(ii)totheextentsuchagreementshavenototherwisebeenterminatedpriortosuchdate,evidenceoftheconsentofWellsFargoBank,N.A.,asadministrativeagentundertheSXERevolvingCreditAgreement,toterminatetheInvestmentAgreementandtheBackstopLetteruponthereceiptofpaymentallamountssetforthintheSXEPayoffLetterandpursuanttoSection6.3(d)hereof.

(b)IntheeventQualifyingNotes(asdefinedintheInvestmentAgreement)shallhavebeenissuedinaccordancewithSection5.1(a)(ii)pursuanttotheInvestmentAgreement,BackstopLetteroraninvestmentinSXEthatreducestheCommittedAmount(as

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definedintheInvestmentAgreement),atleastfivebusinessdayspriortotheClosingDateSXEshallprovidetoAMIDapayoffletter(the“QualifyingNotesPayoffLetter”),whichwillprovidethedollaramountofindebtednessrequiredtobepaidundertheQualifyingNotesinordertofullypayoffsuchQualifyingNotesasoftheClosing,executedbyHoldingsLPand/ortheSponsors(asdefinedintheBackstopLetter),asapplicable,ontermsandconditionsreasonablysatisfactorytoAMIDGPandtheapplicableSponsors(asdefinedintheBackstopLetter).

Section 5.17 Actions of Holdings LP Following the Closing .DuringtheRestrictedPeriod,HoldingsLPshallnotdirectlyorindirectly:(i)sell,transfer,disburse,distribute,disposeof,pledgeorassignanyAMIDSecuritiesorAMIDGPClassDUnits,(ii)(a)distributeanycashdistributionsreceivedontheAMIDSecuritiesorAMIDGPClassDUnitsotherthanbymakinganyrequiredtaxdistributionspursuanttotheHoldingsLPOrganizationalDocumentsineffectasofthedatehereof,(b)usesuchcashdistributionstopayanyexpenses(otherthanAdministrativeExpensesofHoldingsLPorHoldingsGPnottoexceed$2millionperyear),(c)usesuchcashdistributionstootherwisesatisfyanycashrequirementsofHoldingsLPoranyotherPerson;provided, however, thatHoldingsLPshallbepermittedtousesuchcashdistributionstomakecapitalcontributionstoAMIDorAMIDGPifHoldingsLPreceivesAMIDSecuritiesorEquityInterestsinAMIDGPwithrespecttosuchcapitalcontributions,whichshallbeheldbyHoldingsLPsubjecttotherestrictionsinthisSection5.17,or(d)investsuchcashdistributionsotherthaninaninterest-bearingaccountwithabank,(iii)incurorguaranteeanyIndebtedness,(iv)create,incur,assumeorpermittoexistanyLiensonitsassetsor(v)engageinanybusinessoractivitiesotherthanholdingAMIDSecurities,AMIDOptions,AMIDGPClassDUnits,oranyotherEquityInterestsoftheAMIDEntities,satisfyingitscontractualobligationshereunderandundertheTransactionDocuments,preparingfinancialstatementsandTaxReturns,andothermattersancillarythereto.HoldingsLPshallprovideAMIDwithpromptnoticeofanybreach,orfactswhichwouldreasonablybeexpectedtogiverisetoabreach,ofthisSection5.17.HoldingsLPacknowledgesandagreesthatAMIDwilldirectitstransferagenttoplacestoptransferrestrictionsuponanyAMIDSecuritiesheldbyHoldingsLPtoeffecttherestrictionssetforthinthisSection5.17.The“RestrictedPeriod”meanstheperiodfrom(x)theClosingDateuntil(y)thedateuponwhichallSpecialIndemnityMattersarefinallyresolved(whetherthroughsettlement,finalnon-appealablejudgment,dismissalwithprejudiceorotherwise)(subparagraph(y),the“SpecialIndemnityResolutionDate”);provided, however, thatifontheSpecialIndemnityResolutionDate,thereisanybonafideclaimforindemnification(otherthanclaimsforwhichtheGeneralIndemnityEscrowUnitsarethesoleandexclusiveremedyassetforthinSection8.4(h))thathasbeenmadebytheAMIDIndemnifiedPartiespursuanttoandinaccordancewithArticleVIIIofthisAgreementandthatremainsunresolvedorisoutstanding(“OpenClaims”),theRestrictedPeriodshallbeextendeduntilsuchtimeastheOpenClaimsareresolved,anduponsuchresolutiontheRestrictedPeriodshallend.FortheavoidanceofdoubttheobligationsofthisSection5.17shallbeofnofurthereffectfromandaftertheendoftheRestrictedPeriod.

ARTICLE VICONDITIONS PRECEDENT

Section 6.1 Conditions to Each Party’s Obligation .TherespectiveobligationsofeachpartytoconsummatetheTransactionsshallbesubjecttothesatisfaction(orwaiver,ifpermissibleunderapplicableLaw),atorpriortoClosing,ofeachofthefollowingconditions:

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(a)RegulatoryApproval.AnywaitingperiodapplicabletotheTransactionsundertheHSRActshallhavebeenterminatedorshallhaveexpired.

(b)NoInjunctionsorRestraints.NoLaw,injunctionjudgmentorrulingenacted,promulgated,issued,entered,amendedorenforcedbyanyGovernmentalAuthority(collectively,“Restraints”)shallbeineffectenjoining,restraining,preventingorprohibitingconsummationoftheTransactionsormakingtheconsummationoftheTransactionsillegal.

(c)EscrowAgreement.TheEscrowAgentshallhavedulyexecutedanddeliveredtoAMIDandHoldingsLP,anescrowagreement,substantiallyintheformattachedheretoasExhibitE(the“EscrowAgreement”).

Section 6.2 Conditions to Obligations of the AMID Entities .TheobligationsoftheAMIDEntitiestoconsummatetheTransactionsshallbesubjecttothesatisfaction(orwaiver,ifpermissibleunderapplicableLaw),atorpriortoClosing,ofeachofthefollowingconditions:

(a)RepresentationsandWarrantiesofHoldingsLP.TherepresentationsandwarrantiessetforthinSections3.1,3.2,and3.21(i)thatincludeanymaterialityorSouthcrossMaterialAdverseEffectqualifierswillbetrueandcorrectinallrespectsbothasoftheExecutionDateandasoftheClosingDateasifremadethereonand(ii)thatdonotincludeanymaterialityorSouthcrossMaterialAdverseEffectqualifierswillbetrueandcorrectinallmaterialrespectsbothasoftheExecutionDateandasoftheClosingDateasifremadethereon(exceptineachcaseofeachofclauses(i)and(ii)totheextentsuchrepresentationsandwarrantiesspeaktoanearlierdate,inwhichcaseasofsuchearlierdate).TherepresentationsandwarrantiessetforthinSection3.3shallbetrueandcorrectinallrespects,otherthanimmaterialinaccuracies,bothasoftheExecutionDateandtheClosingDateasifremadethereon(exceptineachcasetotheextentsuchrepresentationsandwarrantiesspeaktoanearlierdate,inwhichcaseasofsuchearlierdate).AllotherrepresentationsandwarrantiesofHoldingsLPcontainedinArticleIIIofthisAgreementwillbetrueandcorrectinallrespects(withoutregardtoanyqualificationastomaterialityorSouthcrossMaterialAdverseEffect)bothasoftheExecutionDateandtheClosingDateasifremadethereon(exceptineachcasetotheextentsuchrepresentationsandwarrantiesspeaktoanearlierdate,inwhichcaseasofsuchearlierdate),excepttotheextentthefailureofsuchrepresentationsandwarrantiestobesotrueandcorrecthasnothad,intheaggregate,aSouthcrossMaterialAdverseEffect.

(b)PerformanceofObligationsofSouthcross.HoldingsLPwillhaveperformedandcompliedinallmaterialrespectswithallthecovenantsrequiredbythisAgreementoranyTransactionDocumenttobeperformedorcompliedwithbyitpriortoorattheClosing.

(c)SouthcrossClosingDeliveries.HoldingsLPshallhavedelivered,orcausedtobedelivered,eachoftheitemssetforthinSection6.5.

(d)ConsentsandApprovals.Theauthorizations,consentsandapprovalssetforthonSchedule6.2(d),shallhavebeenreceivedandshallbesatisfactoryinformandsubstancetotheAMIDEntitiesintheirreasonablediscretion.

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(e)NoSouthcrossMaterialAdverseEffect.SincethedateofthisAgreementthere,shallnothaveoccurredaSouthcrossMaterialAdverseEffect.

(f)SXEMerger.TheconditionssetforthinSection6.1andSection6.2oftheSXEMergerAgreementshallhavebeensatisfiedorshallbesatisfiedconcurrentlywiththeClosing.

Section 6.3 Conditions to Obligations of Southcross .TheobligationsofHoldingsLPtoconsummatetheTransactionsshallbesubjecttothesatisfaction(orwaiver,ifpermissibleunderapplicableLaw),atorpriortoClosing,ofeachofthefollowingconditions:

(a)RepresentationsandWarrantiesofAMID.TherepresentationsandwarrantiessetforthinSections4.1,4.2,and4.7thatincludeanymaterialityorAMIDMaterialAdverseEffectqualifierswillbetrueandcorrectinallrespectsbothasoftheExecutionDateandasoftheClosingDateasifremadethereonand(ii)thatdonotincludeanymaterialityorAMIDMaterialAdverseEffectqualifierswillbetrueandcorrectinallmaterialrespectsasoftheExecutionDateandasoftheClosingDateasifremadethereon(exceptineachcaseofeachofclauses(i)and(ii)totheextentsuchrepresentationsandwarrantiesspeaktoanearlierdate,inwhichcaseasofsuchearlierdate).TherepresentationsandwarrantiessetforthinSection4.3shallbetrueandcorrectinallrespects,otherthanimmaterialinaccuracies,bothasoftheExecutionDateandtheClosingDateasifremadethereon(exceptineachcasetotheextentsuchrepresentationsandwarrantiesspeaktoanearlierdate,inwhichcaseasofsuchearlierdate).AllotherrepresentationsandwarrantiesoftheAMIDEntitiescontainedinArticleIVofthisAgreementwillbetrueandcorrectinallrespects(withoutregardtoanyqualificationastomaterialityorAMIDMaterialAdverseEffect)bothasoftheExecutionDateandtheClosingDateasifremadethereon(exceptineachcasetotheextentsuchrepresentationsandwarrantiesspeaktoanearlierdate,inwhichcaseasofsuchearlierdate),excepttotheextentthefailureofsuchrepresentationsandwarrantiestobesotrueandcorrecthasnothad,intheaggregate,aAMIDMaterialAdverseEffect.

(b)PerformanceofObligationsofAMID.AMIDandAMIDGPwillhaveperformedorcauseditsAffiliatestohaveperformedandcompliedinallmaterialrespectswithallthecovenantsrequiredbythisAgreementtobeperformedorcompliedwithbyitorthempriortoorattheClosing.

(c)AMIDClosingDeliveries.TheAMIDEntitiesshallhavedelivered,orcausedtobedelivered,eachoftheitemssetforthinSection6.6.

(d)SXECreditFacility.AtClosing,AMIDshallpayorcausedtobepaidonbehalfofSXE,(i)tosuchaccountoraccountsasdesignatedintheSXEPayoffLetterbytheapplicablelenderoradministrativeagentandinaccordancewiththetermsoftheSXEPayoffLetter,thedollaramountofallindebtednessandanyotheramountsrequiredtobepaidundertheSXECreditFacilitiesinordertofullypayofftheSXECreditFacilities,and(ii)asapplicable,tosuchaccountoraccountsasdesignatedintheQualifyingNotesPayoffLetterbyHoldingsLPand/ortheSponsors(asdefinedintheBackstopLetter),asapplicable,andinaccordancewiththetermsoftheQualifyingNotesPayoffLetter,thedollaramountofallindebtednessandanyotheramountsrequiredtobepaidundertheQualifyingNotes(asdefinedintheInvestmentAgreement)inordertofullypayoffsuchQualifyingNotes.

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Section 6.4 Frustration of Closing Conditions .NopartymayrelyonthefailureofanyconditionsetforthinSection6.1,Section6.2orSection6.3,asthecasemaybe,tobesatisfiedifsuchfailurewascausedbysuchparty’sfailure(oritsAffiliates’failure)touseitsreasonablebesteffortstoconsummatetheTransactions,orotherbreachofornoncompliancewiththisAgreement.

Section 6.5 Southcross Closing Deliverables .SubjecttothetermsandconditionsofthisAgreement,attheClosing,HoldingsLPwillexecuteanddeliver(orcausetobeexecutedanddelivered)totheAMIDEntitieseachofthefollowingdocuments(wheretheexecutionanddeliveryofthedocumentsiscontemplated),deliver(orcausetobedelivered)totheAMIDEntitieseachofthefollowingitems(wherethedeliveryoftheitemsiscontemplated)andtake(orcausetobetaken)eachofthefollowingactions(wherethetakingofactioniscontemplated):

(a)theContributedCompaniesAssignmentInstrument,dulyexecutedbyHoldingsLPandSXHHoldings;

(b)theSXHHoldingsAssignmentInstrument,dulyexecutedbyHoldingsLP;

(c)theEscrowAgreement,dulyexecutedbyHoldingsLP;and

(d)acertificate,datedasoftheClosingDate,signedbyanofficerofHoldingsGP,certifyingthattheconditionssetforthinSection6.2(a),Section6.2(b)andSection6.2(e)havebeensatisfied.

(e)apayoffletterdulyexecutedbyeachholderofPayoffIndebtedness,eachinformandsubstancereasonablyacceptabletoAMIDGP,inwhichthepayeeshall(i)providethedollaramountrequiredtobepaidwithrespecttosuchPayoffIndebtednessinordertofullypayoffsuchPayoffIndebtednessasoftheClosingandtoreleaseallLiensthereunderuponsuchpayment;and(ii)either(A)agreetoeitherfileallnecessaryUCCandLienterminationswithinfiveBusinessDaysfollowingtheClosingDate,or(B)expresslyauthorizetheAMIDEntitiestohaveanysuchdocumentsfiledonthelenders’behalf(eachsuchpayoffletter,a“DebtPayoffLetter”);

(f)adulyexecutedlock-upagreementfromHoldingsLPinsubstantiallytheformattachedheretoasExhibitF;

(g)theAMIDGPAgreementAmendment,dulyexecutedbyHoldingsLP;and

(h)theFIRPTAcertificateassetforthinSection5.8(g).

Section 6.6 AMID’s Deliverables .SubjecttothetermsandconditionsofthisAgreement,attheClosing,theAMIDEntitieswillexecuteanddeliver(orcausetobeexecutedanddelivered)eachofthefollowingdocuments(wheretheexecutionanddeliveryofthedocumentsiscontemplated),deliver(orcausetobedelivered)eachofthefollowingitems(wherethedeliveryoftheitemsiscontemplated)andtake(orcausetobetaken)eachofthefollowingactions(wherethetakingofactioniscontemplated):

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(a)theSXHHoldingsAssignmentInstrument,dulyexecutedbyAMIDoritspermittedassignee;

(b)acertificate,datedasoftheClosingDate,signedbyanofficerofAMID,certifyingthattheconditionssetforthinSection6.3(a)andSection6.3(b)havebeensatisfied;

(c)theEscrowAgreement,dulyexecutedbyAMIDoritspermittedassignee;

(d)theAMIDPartnershipAgreementAmendment(withsuchAMIDPartnershipAgreementAmendmenttobeeffectiveatorimmediatelypriortotheEffectiveTime,dulyexecuted);

(e)theAMIDGPAgreementAmendment,dulyexecutedbyHighpointInfrastructurePartners,LLC,AMIDGPHoldings,LLCandLB3Services(the“AMIDGPMembers”),andanyothermembersofAMIDGPrequiredtoexecuteorapprovetheAMIDGPAgreementAmendment;and

(f)eachoftheissuances,paymentsanddepositsconstitutingapartoftheConsiderationpursuantto,andinaccordancewith,Section2.2.

ARTICLE VIITERMINATION

Section 7.1 Termination .ThisAgreementmaybeterminatedandtheTransactionsabandonedatanytimepriortotheClosing:

(a)bythemutualwrittenconsentofHoldingsLPandAMID;

(b)byeitherHoldingsLPortheAMIDEntities:

(i)iftheClosingshallnothavebeenconsummatedonorbeforeJune1,2018(the“OutsideDate”),includingasaresultofaFundingFailure;provided ,thattherighttoterminatethisAgreementunderthisSection7.1(b)(i)shallnotbeavailable(A)toanypartywhosebreachofanyrepresentation,warrantyorcovenantcontainedinthisAgreementwillhavebeenthecauseof,orwillhaveresultedin,thefailureoftheClosingtooccuronorbeforetheOutsideDateor(B)toapartyiftheotherpartyhasfiled(andisthenpursuing)anactionseekingspecificperformanceaspermittedbySection9.7;or

(ii)ifanyRestrainthavingtheeffectsetforthinSection6.1(b)shallbeineffectandshallhavebecomefinalandnonappealable;provided ,however ,thattherighttoterminatethisAgreementunderthisSection7.1(b)(ii)shallnotbeavailabletoapartyifsuchRestraintwasduetothefailureofsuchpartytoperformanyofitsobligationsunderthisAgreement;

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(c)(i)bytheAMIDEntities,iftheSXEMergerAgreementshallhavebeenterminatedpursuanttoSection7.1(b)oftheSXEMergerAgreementorSection7.1(c)oftheSXEMergerAgreement;or(ii)byHoldingsLP,iftheSXEMergerAgreementshallhavebeenterminatedpursuanttoSection7.1(d)oftheSXEMergerAgreement.

(d)bytheAMIDEntities,ifHoldingsLPshallhavebreachedorfailedtoperformanyofitsrepresentations,warranties,covenantsoragreementssetforthinthisAgreement(orifanyoftherepresentationsorwarrantiesofHoldingsLPsetforthinthisAgreementshallfailtobetrue),whichbreachorfailure(i)would(ifitoccurredorwascontinuingasoftheClosingDate)giverisetothefailureofaconditionsetforthinSection6.2(a),(b)or(e)and(ii)isincapableofbeingcured,orisnotcuredbyHoldingsLPwithin30daysfollowingreceiptofwrittennoticefromAMIDofsuchbreachorfailure;provided thatAMIDshallnothavetherighttoterminatethisAgreementpursuanttothisSection7.1(d)ifanyAMIDEntityistheninmaterialbreachofanyofitsrepresentations,warranties,covenantsoragreementscontainedinthisAgreement;

(e)byHoldingsLP,iftheAMIDEntitiesshallhavebreachedorfailedtoperformanyoftheircovenantsoragreementssetforthinthisAgreement(orifanyoftherepresentationsorwarrantiesofAMIDsetforthinthisAgreementshallfailtobetrue),whichbreachorfailure(i)would(ifitoccurredorwascontinuingasoftheClosingDate)giverisetothefailureofaconditionsetforthinSection6.3(a)or(b)and(ii)isincapableofbeingcured,orisnotcured,byAMIDwithin30daysfollowingreceiptofwrittennoticefromHoldingsLPofsuchbreachorfailure;provided thatHoldingsLPshallnothavetherighttoterminatethisAgreementpursuanttothisSection7.1(e)ifHoldingsLPistheninmaterialbreachofanyofitsrepresentations,warranties,covenantsoragreementscontainedinthisAgreement;and

(f)bytheAMIDEntities,(i)ifHoldingsLPhasreceivedanywrittennoticethatwouldresultinabreachoftherepresentationandwarrantysetforthinSection3.17(b),whichbreachisnotcuredbyHoldingsLPwithin60days(the“FirstCurePeriod”)or(ii)followingthereceiptofanysuchfirstnotice,ifHoldingsLPhasreceivedanysubsequentwrittennoticethat,withoutgivingeffecttosuchfirstnotice,wouldresultinabreachoftherepresentationandwarrantysetforthinSection3.17(b),whichbreachisnotcuredbyHoldingsLPwithin30days;provided, however ,thatifthebreachreferredtoinclause(i)iscuredwithinsuch30dayperiod,thecureperiodreferredtointhisclause(ii)shallbe60days(the“SecondCurePeriod”).provided, further ,thatiftheAMIDEntitiesterminatethisAgreementpursuanttothisSection7.1(f),theAMIDEntitiesmustgiveHoldingsLPwrittennoticeofsuchterminationwithinthreeBusinessDaysfollowingtheendoftheFirstCurePeriodorSecondCurePeriod,asapplicable.

Section 7.2 Effect of Termination .

(a)IfthisAgreementisterminatedbyHoldingsLPpursuanttoeitherSection7.1(b)(i)(oristerminatedbytheAMIDEntitiespursuanttoSection7.1(b)(i),butHoldingsLPalsogivesnoticeofterminationwhenHoldingsLPhastherighttoterminatetheAgreementpursuanttoSection7.1(b)(i)ontheOutsideDate),orSection7.1(e)ineithercasesolelyastheresultofaFundingFailure,thenAMIDshallpromptly,andinanyeventwithinthreeBusinessDaysaftersuchtermination,paytheReverseTerminationFeeasliquidateddamagesinlieuofallotherdamagesandasHoldingsLP’ssoleandexclusiveremedyagainstAMIDforsuchtermination.

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(b)IntheeventoftheterminationofthisAgreementasprovidedinSection7.1,writtennoticethereofshallbegiventotheotherparty,specifyingtheprovisionofthisAgreementpursuanttowhichsuchterminationismade,andthisAgreementshallforthwithbecomenullandvoid(otherthantheprovisionsinSection5.7,inthelastsentenceofSection5.5(a),Section5.5(d),thisSection7.2andArticleIX,allofwhichshallsurviveterminationofthisAgreement),andthereshallbenoliabilityonthepartoftheAMIDEntities,HoldingsGPorHoldingsLPortheirrespectivedirectors,officersandAffiliates,except(i)AMIDmayhaveliabilityasprovidedinSection7.2(a),and(ii)exceptasprovidedinSection7.2(a)orSection7.2(c),nothingshallrelieveanypartyfromanyliabilityordamagesforFraudoraWillfulBreachofanycovenantorotheragreementcontainedinthisAgreement.

(c)IntheeventthatthisAgreementisterminatedbyHoldingsLPpursuanttoeitherSection7.1(b)(i)(oristerminatedbytheAMIDEntities,pursuanttoSection7.1(b)(i),butHoldingsLPalsogivesnoticeofterminationwhenHoldingsLPhastherighttoterminatetheAgreementpursuanttoSection7.1(b)(i)ontheOutsideDate)orSection7.1(e)ineithercasesolelyastheresultofaFundingFailure,andHoldingsLPreceivestheReverseTerminationFee,theactualreceiptbyHoldingsLPoftheReverseTerminationFeeshallbedeemedtobeliquidateddamages,andthesoleandexclusiveremedyoftheSouthcrossCompaniesandanyotherPersonagainstAMIDoranyofitsformer,currentandfutureequityholders,controllingPersons,directors,officers,employees,agents,generalorlimitedpartners,managers,managementcompanies,members,stockholders,Affiliatesorassignees,asapplicable,andanyandallformer,currentandfutureheirs,executors,administrators,trustees,successorsorassignsofanyoftheforegoing,asapplicable(eachoftheforegoing,a“AMIDRelatedParty”),andnoAMIDRelatedPartyshallhaveanyotherliabilityorobligationforanyorallDamagessufferedorincurredbytheSouthcrossCompaniesoranyotherPersoninconnectionwiththisAgreement(andtheterminationhereof),theFinancing,ortheTransactionsorthetransactionscontemplatedbytheFinancing,oranymatterformingthebasisforsuchtermination,andnoneoftheSouthcrossCompaniesoranyotherPersonshallbeentitledtobringormaintainanyotherLegalProceedingagainstanyAMIDRelatedPartyarisingoutofthisAgreement(andtheterminationhereof),theTransactions(andtheterminationhereof),theFinancing,orthetransactionscontemplatedthereby,oranymatterformingthebasisforsuchtermination.

(d)EachofthepartiesacknowledgesandagreesthatinlightofthedifficultyofaccuratelydeterminingactualDamageswithrespecttotheforegoing,solelyinthecircumstancesinwhichtheReverseTerminationFeeispayablepursuanttothisSection7.2,theamountoftheReverseTerminationFeepayablebyAMIDtoHoldingsLP,constitutesareasonableestimateoftheDamagesthatwillbesufferedbyHoldingsLPbyreasonofanysuchterminationofthisAgreementinthecircumstancescontemplatedbythisSection7.2andconstitutesliquidateddamages(andnotapenalty).

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ARTICLE VIIIINDEMNIFICATION

Section 8.1 Survival .TherepresentationsandwarrantiesofthepartiescontainedinthisAgreementorinanycertificateorotherwritingdeliveredpursuantheretoorinconnectionherewithshallsurvivetheClosinguntiltheexpirationoftheGeneralSurvivalPeriod;provided, however, that(a)theFundamentalRepresentationsandanyrepresentationinthecaseofFraudshallsurvivetheClosingforaperiodof20years,and(b)therepresentationsandwarrantiescontainedinSection3.10(relatingtoTaxes),Section4.9(relatingtoTaxes)andSection4.10(g)-(v)(relatingtoTaxes)shallsurvivetheClosingDateuntilthedatethatis60daysfollowingtheexpirationofapplicablestatuteoflimitationsperiodwithrespecttoeachsuchrepresentationandwarranty.ThecovenantsandagreementsofthepartiescontainedinthisAgreementthataretobeperformedaftertheClosingwillsurvivetheClosinginaccordancewiththeirterms;provided thattherightofanypartytomakeaclaimforbreachofanycovenantofapartythatis(x)tobeperformedorsatisfiedatorbeforetheClosing,willterminate12monthsaftertheClosingDateor(y)tobeperformedorsatisfiedaftertheClosing,willterminate30daysfollowingtheexpirationoftheapplicablestatuteoflimitationsperiod.

Section 8.2 Indemnification of AMID by Southcross .SubjecttotheapplicablelimitationssetforthinSection8.4,HoldingsLPherebyagreesthatfromandaftertheClosingitshallindemnify,defendandholdharmless,withoutduplication,AMID,AMIDGP,theirAffiliatesandeachoftheirrespectivedirectors,managers,officers,partners,members,shareholders,andemployeesandtheirheirs,successorsandpermittedassigns,eachintheircapacityassuch(the“AMIDIndemnifiedPersons”),fromandagainstanyandallDamagessufferedorincurredbyanyoftheAMIDIndemnifiedPersons,totheextentarisingoutoforresultingfrom:(a)theinaccuracyorbreachofanyrepresentationorwarrantymadebyHoldingsLPinArticleIIIoranyTransactionDocument;(b)anynonfulfillmentorbreachbyHoldingsLPofanycovenantoragreementmadeortobemadebyHoldingsLPunderthisAgreementoranyTransactionDocument;(c)anyTransactionExpenseschargedtoAMID,SXHHoldingsoranyoftheirAffiliatesthatshallnothavebeenreflectedinthePost-ClosingStatementand(d)theSpecialIndemnityMatters.

Section 8.3 Indemnification of Southcross by AMID .SubjecttotheapplicablelimitationssetforthinSection8.4,AMIDherebyagreesthatfromandaftertheClosingitshallindemnify,defendandholdharmless,withoutduplication,HoldingsLP,itsAffiliatesandeachoftheirrespectivedirectors,managers,officers,partners,members,shareholders,andemployeesandtheirheirs,successorsandpermittedassigns,eachintheircapacityassuch(the“SouthcrossIndemnifiedPersons”),fromandagainstanyandallDamagessufferedorincurredbyanyoftheSouthcrossIndemnifiedPersons,totheextentarisingoutoforresultingfrom:(a)theinaccuracyorbreachofanyrepresentationorwarrantymadebytheAMIDEntitiesinArticleIVoranyTransactionDocumentand(b)anynonfulfillmentorbreachbyanyAMIDEntityofanycovenantoragreementmadebyortobemadebytheAMIDEntitiesunderthisAgreementoranyTransactionDocument.

Section 8.4 Limitations .

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(a)Ifanyindividualclaimorseriesofrelatedclaims(ifsuchclaimorseriesofrelatedclaimsariseoutofthesameorsimilarfactsorcircumstances)forindemnificationbytheAMIDIndemnifiedPersonsorSouthcrossIndemnifiedPersonsthatissubjecttoindemnificationunderSection8.2(a)orSection8.3(a),respectively,resultsinDamagesthatdonotexceed$25,000(each,a“DeMinimisThreshold”)thensuchDamageswillnotbedeemedtobeDamagesunderthisAgreementandwillnotbeeligibleforindemnificationunderthisArticleVIII.TheAMIDIndemnifiedPersonswillbeentitledtobeindemnifiedpursuanttoSection8.2(a)forDamages,butonlyifandtotheextentthattheaggregateamountofallsuchDamagesexceeds$1,000,000.TheSouthcrossIndemnifiedPersonswillbeentitledtobeindemnifiedpursuanttoSection8.3(a)forDamages,butonlyifandtotheextentthattheaggregateamountofallsuchDamagesexceeds$1,000,000.

(b)ExceptassetforthinSection8.4(g),(i)HoldingsLP’sliabilitytotheAMIDIndemnifiedPersonsunderSection8.2(a)willbelimitedintheaggregatetotheGeneralIndemnityEscrowFund,and(ii)AMID’sliabilitytotheSouthcrossIndemnifiedPersonsunderSection8.3(a)willbelimitedintheaggregateto$21,000,000.

(c)TheAMIDIndemnifiedPersonswillbeentitledtobeindemnifiedpursuanttoSection8.2(d),inthemannerandsubjecttothelimitationssetforthinthisAgreement,includingthosesetforthonSchedule9.14(f).

(d)NoIndemnifyingPersonwillbeliableforanyDamagesthataresubjecttoindemnificationunderSection8.2(a),8.2(b),8.3(a)or8.3(b)unlessawrittendemandforindemnificationunderthisAgreementisdeliveredbytheIndemnifiedPersontotheIndemnifyingPersoninaccordancewiththeclaimsprocedurereferredtoinSection8.5(a)priorto5:00P.M.CentralTimeonthedatepursuanttoSection8.1onwhichthesurvivalperiodoftheapplicablerepresentationsandwarrantiesorcovenantsexpires.

(e)NotwithstandinganythingtothecontrarycontainedinthisAgreement,undernocircumstanceswillanypartyoranyofitsAffiliatesbeentitledtorecovermorethanonetimeforanyDamagesunderthisAgreement,andtotheextentapartyoranyofitsAffiliatesiscompensatedinfullforamatterthroughtheadjustmentsprovidedforinSection2.4,suchpartyanditsAffiliateswillnothaveaseparaterighttoindemnificationforsuchmatter.

(f)NotwithstandinganythingtothecontrarycontainedinthisAgreement,forpurposesofdetermining(i)theaccuracyofanyrepresentationorwarrantysubjecttoindemnificationunderSection8.2(a)orSection8.3(a)(otherthantherepresentationandwarrantyinSection3.7(a))and(ii)theamountofDamagesresultingfromanyinaccuracyofanysuchrepresentationorwarranty,all“material,”“materiality,”“inallmaterialrespects,”“MaterialAdverseEffect,”andotherlikequalificationsshallbedisregarded.

(g)NotwithstandinganythingtothecontrarycontainedinthisAgreement,thelimitationssetforthinSection8.4(a)andSection8.4(b)shallnotapplytoanyDamagesarisingoutoforrelatingtotheinaccuracyorbreachofanyFundamentalRepresentation,theinaccuracyorbreachofanyrepresentation,warrantyorcovenantwithrespecttoTaxes,aclaimforbreachofanycovenantofaparty,claimsforDamagesarisingoutoforrelatingtotheSpecialIndemnityMatters(otherthanassetforthinSection8.4(c))ortotheinaccuracyorbreachofany

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representationorwarrantyintheeventofFraud;provided, however ,exceptforclaimsforFraud,innocircumstanceshallthemaximumindemnificationliabilityofHoldingsLPunderSection8.2(a)exceedintheaggregatethevalueoftheConsideration(plusanydistributionspaidthereon).

(h)SubjecttotheotherlimitationscontainedinSection8.4,recoveryagainsttheGeneralIndemnityEscrowUnits(togetherwithcashfromanydistributionspaidinrespectthereof)pursuanttoSection8.6withrespecttoclaimsforindemnificationpursuanttoSection8.2(a)(otherthanclaimsforDamagesarisingoutoforrelatingtotheinaccuracyorbreachofanyFundamentalRepresentation,anyrepresentationorwarrantywithrespecttoTaxes,oranyrepresentationorwarrantyintheeventofFraud)constitutesAMIDIndemnifiedPersons’soleandexclusiveremedyforanyandallDamagesrelatingtoorarisingfromanyclaimthatissubjecttoindemnificationunderSection8.2(a).

(i)IntheeventthatHoldingsLPbecomesobligatedtoAMIDunderthetermsofArticleVIIIinrespectofanyDamages(asdeterminedbyafinalorder,judgmentordecisionofacourtofcompetentjurisdictionorbymutualwrittenagreementbetweenAMIDandHoldingsLP)withrespecttoanyclaimsforindemnificationunderSection8.2forwhichtheGeneralIndemnityEscrowUnitsarenotthesolerecourseunderSection8.4(h),AMIDshallbeentitledtoelecttoreceive,atitssolediscretion,andHoldingsLPshallberequiredtoreturntoAMID,suchamountofcash,AMIDCommonUnits,AMIDPreferredUnits,AMIDGPClassDUnits,oranyotherassetsofHoldingsLP,oranycombinationoftheforegoing,withanaggregatevalueequaltotheamountofDamagesforwhichtheAMIDIndemnifiedPartiesareentitledtoindemnification.ThevalueofanyAMIDCommonUnitstobereturnedtoAMIDunderthisSection8.4(i)shallbecalculatedbasedonthe20-dayvolumeweightedaveragepriceoftheAMIDCommonUnitsendingthreetradingdayspriortothedateofpayment.ThevalueofanyAMIDPreferredUnits,AMIDGPClassDUnitsoranyotherassetstobereturnedtoAMIDunderthisSection8.4(i)shallbecalculatedbasedonthefairmarketvaluethereofatthetimeHoldingsLPbecomesobligatedpursuanttothisSection8.4(i).ForpurposesofthisSection8.4(i)“fairmarketvalue”shallbedeterminedby(A)themutualagreementofAMIDandHoldingsLPor(B)ifAMIDandHoldingsLPcannotmutuallyagreeonfairmarketvalue,AMIDandHoldingsLPwillmutuallyselectandengageanindependentthirdpartyappraiser(the“Appraiser”)(orifAMIDandHoldingsLPareunabletoagreewithin10daysuponsuchindependentthirdpartyappraiser,theneachwillpromptlyselectanindependentthirdpartyappraiser,whowillthenselectanindependentthirdpartyappraiser,whichthirdselectedindependentthirdpartyappraiserwillthenserveasthesoleAppraiserhereunder).InconnectionwiththeengagementoftheAppraiser,AMIDandHoldingsLPwillexecutesuchengagement,indemnityandotheragreementsastheAppraisermayreasonablyrequireasaconditiontosuchengagement.TheAppraiserwilldetermineaspromptlyaspracticable,butinanyeventwithinthe30daysaftertheselectionoftheAppraiserandexecutionanddeliveryofsuchengagement,indemnityorotheragreements,thefairmarketvalueoftheAMIDPreferredUnits,AMIDGPClassDUnitsoranyotherassets,asapplicable.ThedeterminationoftheAppraiserwithrespecttosuchfairmarketvaluedeterminationwillbefinal,conclusiveandbindingontheparties.ThefeesandexpensesoftheAppraiserwillbeborne50%byAMIDand50%byHoldingsLP.

Section 8.5 Claims Procedures .

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(a)PromptlyafterreceiptbyaPersonseekingindemnification(the“IndemnifiedPerson”)ofnotice(i)ofthecommencementorassertionofanyclaimorLegalProceedingbyathirdpartyor(ii)offactscausinganyIndemnifiedPersontobelieveithasaclaimforindemnificationhereunder(an“IndemnityClaim”),suchIndemnifiedPersonwillgivepromptwrittennoticethereof(the“ClaimNotice”)toHoldingsLPortoAMID,asapplicable(HoldingsLPorAMID,asapplicable,the“IndemnifyingPerson”).Notwithstandingtheforegoing,aslongastheClaimNoticeisgivenwithintheapplicablesurvivalperiodsetforthinSection8.1,thefailuretosonotifytheIndemnifyingPersonwillnotrelievetheIndemnifyingPersonofitsobligationsorliabilityhereunder,excepttotheextentsuchfailuremateriallyprejudicestheIndemnifyingPerson.TheClaimNoticewilldescribetheIndemnityClaiminreasonabledetail,andwillindicatetheamount(estimated,ifnecessary)oftheDamagesthathasbeenormaybesufferedandtheprovisionsunderthisAgreementonwhichsuchclaimisbased.TheIndemnifiedPersonandtheIndemnifyingPersonagreetokeepeachotherreasonablyappraisedofanyadditionalinformationconcerninganyIndemnityClaim.

(b)AstothedefenseofanIndemnityClaimarisingfromathirdpartyaction,theIndemnifyingPersonwillbe,subjecttothelimitationssetforthinthisSection8.5andsubjecttotheIndemnifyingPerson’spriorconfirmationinwritingtotheIndemnifiedPerson(s)thattheIndemnityClaimiscoveredasanindemnifiedclaimunderthisAgreementwithin30daysofreceiptofaClaimNoticefromtheIndemnifiedPerson,entitledtoassumecontrolofandappointleadcounselreasonablysatisfactorytotheIndemnifiedPersonforsuchdefense,atthecostoftheIndemnifyingPerson.TheIndemnifyingPersonwillkeeptheIndemnifiedPerson(s)advisedofthestatusofsuchthirdpartyactionandthedefensethereofonareasonablycurrentbasisandwillconsideringoodfaiththerecommendationsmadebytheIndemnifiedPerson(s)withrespectthereto.TheIndemnifyingPersonshallbeliableforthefeesandexpensesofcounselemployedbytheIndemnifiedPerson(s)foranyperiodduringwhichtheIndemnifyingPersonhasfailedtoassumethedefensethereof.IftheIndemnifyingPersonassumesthecontrolofthedefenseofanythirdpartyactioninaccordancewiththeprovisionsofthisSection8.5,theIndemnifiedPerson(s)willbeentitledtoparticipateinthedefenseofanysuchthirdpartyactionandtoengage,atitsexpense,separatecounselofitschoiceforsuchpurpose,itbeingunderstood,however,thattheIndemnifyingPersonwillcontinuetocontrolsuchdefense.Notwithstandingtheforegoing,theIndemnifyingPersonwillnotbeabletocontrolthedefenseofanyclaimarisingfromathirdpartyactionifthethirdpartyactionis(A)forequitableorinjunctiverelieforanyclaimthatwouldimposecriminalliabilityorcriminaldamages,(B)inthereasonableopinionoftheIndemnifiedPerson(s),thethirdpartyactioncouldhaveamaterialadverseeffectonitsbusiness,assets,liabilities,condition(financialorotherwise)orresultsofoperationsoftheIndemnifiedPersons,or(C)theclaimallegesDamagesinexcessoftheIndemnifyingPerson’smaximumindemnificationobligationsunderthisAgreement.

(c)SubjecttoSection8.5(d),iftheIndemnifyingPersondoesnotexpresslyelecttoassumethedefenseofsuchthirdpartyactionwithinthetimeperiodandotherwiseinaccordancewiththefirstsentenceofthisSection8.5(b),isnototherwiseentitledtoassumethedefenseofsuchthirdpartyactionunderthelastsentenceofSection8.5(b)orafterassumingthedefenseofathirdpartyaction,failstotakecommerciallyreasonablestepsnecessarytodiligentlydefendsuchthirdpartyaction,theIndemnifiedPerson(s)shallhavethesolerighttoassumethedefenseofandtosettlesuchthirdpartyaction,atthecostandexpenseoftheIndemnifyingPerson.

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(d)IftheIndemnifiedPersonhasassumedthedefenseofathirdpartyactionpursuanttothisSection8.5,(i)itshallusecommerciallyreasonableeffortstodiligentlydefendsuchthirdpartyaction,(ii)itwillkeeptheIndemnifyingPersonadvisedofthestatusofsuchthirdpartyactionandthedefensethereofonareasonablycurrentbasis,(iii)itwillreasonablyconsultwiththeIndemnifyingPersonwithrespecttothedefenseandsettlementthereof,(iv)itwillconsideringoodfaiththerecommendationsmadebytheIndemnifyingPersonwithrespecttheretoand(v)itwillnotagreetoanysettlementthereofwithoutthewrittenconsentoftheIndemnifyingPerson(whichconsentshallnotbeunreasonablywithheld,delayedorconditioned).

(e)Notwithstandingtheforegoing,(i)theIndemnifyingPersonwillobtainthepriorwrittenconsentoftheIndemnifiedPerson(s)beforeenteringintoanysettlement,compromise,admissionoracknowledgementofthevalidityofsuchIndemnityClaimifthesettlementrequiresanadmissionofguiltorwrongdoingonthepartoftheIndemnifiedPerson(s),subjectstheIndemnifiedPerson(s)tocriminalliabilityordoesnotunconditionallyreleasetheIndemnifiedPerson(s)fromallliabilitiesandobligationswithrespecttosuchIndemnityClaimorthesettlementimposesinjunctiveorotherequitablereliefagainst,oranycontinuingobligationorpaymentrequirementon,theIndemnifiedPerson(s)and(ii)theIndemnifiedPerson(s)willbeentitledtoparticipateinthedefenseofsuchIndemnityClaimandtoengageseparatecounselofitschoiceforsuchpurposeatitsowncostandexpenseunless(A)theengagementofsuchcounselorincurrenceofsuchexpensesshallhavebeenspecificallyauthorizedinwritingbytheIndemnifyingPersonor(iii)thenamedpartiestothethirdpartyactionincludebothanIndemnifiedPerson(s)andanIndemnifyingPerson,andtheIndemnifiedPerson(s)reasonablydeterminesafterconsultationwithoutsidelegalcounselthatrepresentationbycounseltotheIndemnifyingPersonofboththeIndemnifyingPerson,andtheIndemnifiedPerson(s)wouldpresentsuchcounselwithaconflictofinterest.

(f)EachpartywillcooperateinthedefenseorprosecutionofanyIndemnityClaimarisingfromathirdpartyactionandwillfurnishorcausetobefurnishedsuchrecords,informationandtestimony(subjecttoanyapplicableconfidentialityagreement),andattendsuchconferences,discoveryproceedings,hearings,trialsorappealsasmaybereasonablyrequestedinconnectiontherewith.TheIndemnifyingPersonwillreimbursetheIndemnifiedPerson(s)forallcostsandexpensesincurredbytheIndemnifiedPerson(s)inconnectionwiththeinvestigationanddefenseofthethirdpartyactionpriortothedatetheIndemnifyingPersonvalidlyexerciseditsrighttoassumetheinvestigationanddefenseofthethirdpartyaction.

(g)InthecaseofanIndemnityClaimnotbaseduponathirdpartyaction(“DirectClaim”),theIndemnifyingPersonshallhave20daysfromitsreceiptoftheClaimNoticetoeither(i)admititsobligationtoprovideindemnification,(ii)agreethattheIndemnifiedPerson(s)isentitledtoreceivepart,butnotalloftheindemnificationobligationor(ii)disputetheClaimforindemnification,andprovideawrittenexplanationforitspositionandsupportingdocumentation.IftheIndemnifyingPersondoesnotnotifytheIndemnifiedPerson(s)within30daysfollowingitsreceiptofaClaimNoticeinrespectofaDirectClaimthattheIndemnifyingPersondisputesitsliabilitytotheIndemnifiedPerson(s)hereunder,suchDirectClaimspecifiedbytheIndemnifiedPerson(s)insuchClaimNoticeshallbeconclusivelydeemedaliabilityoftheIndemnifyingPersonhereunderandtheIndemnifyingPersonshallpaytheamountofsuchliabilitytotheIndemnifiedPerson(s)ondemand.IntheeventthattheIndemnifyingPerson

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disputesaClaimNoticeforaDirectClaim,theparties,includingappropriatemanagementrepresentatives,shallpromptlyseektonegotiatearesolutioningoodfaith.Ifthepartiesareunabletoresolvethedisputewithin120daysaftertheIndemnifyingPersonfirstreceivestheClaimNoticeforaDirectClaim,thentheIndemnifiedPerson(s)mayseekanyremedyavailabletoitunderthisAgreement.

Section 8.6 Claims Against Indemnity Escrow Units .

(a)PursuanttoSection2.2,attheClosing,AMIDshalltransfertheIndemnityEscrowUnitstotheEscrowAgent,asescrowagenttoAMIDandHoldingsLP,fordepositintotheIndemnityEscrowFund.TheIndemnityEscrowUnitsshallbeheldanddistributedinaccordancewiththetermsofthisAgreementandtheEscrowAgreement.

(b)TheIndemnityEscrowUnits(togetherwithcashfromanydistributionspaidinrespectofsuchIndemnityEscrowUnits)shallbedisbursedbytheEscrowAgentasfollows:

(i)pursuanttoSection8.6(c)inaccordancewithwritteninstructionsthatarejointlysignedbyHoldingsLPandAMID,whichinstructionsshallbeinaformthatcomplieswiththerequirementsoftheEscrowAgreement(a“JointInstructionLetter”);

(ii)pursuanttoafinal,non-appealableaward,judgment,decisionororderrenderedbyacourtofcompetentjurisdictionspecifyingtheamountofIndemnityEscrowUnits(whichshallberoundedtothenearestwholeunituponeachdisbursement)tobereleasedandthePersonorPersonstowhomsuchIndemnityEscrowUnitsshallbereleased,togetherwithcashfromanydistributionspaidinrespectofsuchreleasedIndemnityEscrowUnits;or

(iii)asotherwiseprovidedintheEscrowAgreement.

(c)IntheeventthatHoldingsLPbecomesobligatedtoAMIDunderthetermsofArticleVIIIinrespectofanyDamages(asdeterminedbyafinalorder,judgmentordecisionofacourtofcompetentjurisdictionorbymutualwrittenagreementbetweenAMIDandHoldingsLP)andatsuchtimethereareremainingIndemnityEscrowUnits(togetherwithcashfromanydistributionspaidthereon)intheIndemnityEscrowFund,then,exceptasprovidedinSection8.4(i),HoldingsLPandAMIDshallexecuteanddeliveraJointInstructionLettertotheEscrowAgentdirectingtheEscrowAgenttoreleasetoAMIDthatportionoftheIndemnityEscrowUnitsrequiredtosatisfysuchobligation(totheextenttheIndemnityEscrowUnits(togetherwithcashfromanydistributionspaidthereon)thenremainingintheIndemnityEscrowFundaresufficienttosatisfysuchobligation).ThenumberofIndemnityEscrowUnitstobedisbursedhereundershallbedeterminedbydividingtheamountofDamagesinrespectofwhichHoldingsLPisobligatedbytheapplicableEquityPrice,roundedtothenearestwholeunit,andneithersuchnumberofIndemnityEscrowUnitsnorsuchDamagesshallbereducedbythedisbursementofanycashfromanydistributionspaidinrespectthereof.

(d)Notwithstandinganythingtothecontrarysetforthherein,(i)theGeneralIndemnityEscrowUnitsandtheSpecialIndemnityEscrowUnitsshallbeheldinseparateaccountsbytheEscrowAgent,(ii)ifthenumberofSpecialIndemnityEscrowUnitsintheSpecialIndemnityEscrowFundisinsufficienttocovertheentireamountofclaimsforSpecial

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IndemnityDamages,theGeneralIndemnityEscrowUnits(togetherwithcashfromanydistributionspaidinrespectthereof)maybeusedtosatisfyclaimsforSpecialIndemnityDamagesattheAMIDIndemnifiedPersons’solediscretion,and(iii)theSpecialIndemnityEscrowUnitsshallnotbeusedtosatisfyclaimsotherthanthoseforSpecialIndemnityDamages,andmaynotberetainedinescrowtosatisfyanyclaimsotherthanthoseforSpecialIndemnityDamages.

(e)IfeitherHoldingsLPorAMIDshallfailtotimelyexecuteanddeliveraJointInstructionLetterwhenrequiredunderthisAgreement,HoldingsLPorAMID,asapplicable,shallbeentitledtoseekanorder,judgmentordecisionfromacourtofcompetentjurisdictionthatwillenabletheEscrowAgenttoreleasetotheapplicablePersonorPersonstheportionoftheIndemnityEscrowUnits(togetherwithcashfromanydistributionspaidinrespectthereof)towhichtheyareentitledunderthisAgreementandtoseektorecoverlossesandreasonableexpensesfromHoldingsLPorAMID,asapplicable,asaresultofsuchfailuretocomplywiththisAgreement.

(f)AnynoticesrequiredtobedeliveredtotheEscrowAgentbyAMIDinstructingtheEscrowAgenttoretainanyIndemnityEscrowUnitsintheIndemnityEscrowFundshallbebasedonAMID’sreasonableestimate,totheextentknownorestimable,oftheamountofapplicableDamagesforwhichtheAMIDIndemnifiedPartiesareclaimingtobeindemnifiedunderthisArticleVIII,whichestimateshallnotinanywaylimittheamountofindemnifiableDamageswhichtheAMIDIndemnifiedPartiesmayrecoverhereunder.

(g)IntheeventofaconflictbetweentheEscrowAgreementandthisAgreement,thisAgreementshallgovernasbetweenAMIDandHoldingsLP.

Section 8.7 Exclusive Remedy; Waiver of Remedies .Except(a)withrespectto(i)matterscoveredbySection2.3andSection2.4,(ii)anymattersrelatingtoTaxesor(iii)Fraudor(b)asotherwiseprovidedintheTransactionDocuments,eachpartyacknowledgesandagreesthat,fromandaftertheClosing(1)theremediesavailableunderSection5.5(d),Section5.6,ArticleVII,thisArticleVIIIandSection9.7shallbethesoleandexclusiveremediesofthepartiesforanyandallclaimsrelating(directlyorindirectly)totheTransactions,regardlessofthelegaltheoryunderwhichsuchliabilityorobligationmaybesoughttobeimposed,whethersoundingincontractortort,orwhetheratlaworinequityorotherwise;and(2)EACHPARTYAGREESTHATITSHALLNOTSEEKANDHEREBYEXPRESSLYANDIRREVOCABLYWAIVES,RELEASES,DISCHARGESANDSHALLNOTSUETHEOTHERPARTIESFOR,ANDSHALLCAUSEALLOTHEROFITSINDEMNIFIEDPERSONS(EITHERTHESOUTHCROSSINDEMNIFIEDPERSONSORAMIDINDEMNIFIEDPERSONS,ASAPPLICABLE)NOTTOSEEK,ANDTOWAIVE,RELEASE,DISCHARGE,ANDNOTSUETHEOTHERPARTIESINDEMNIFIEDPERSONS(EITHERTHESOUTHCROSSINDEMNIFIEDPERSONSORAMIDINDEMNIFIEDPERSONS,ASAPPLICABLE)FOR,ANYRIGHTS,CLAIMS,CAUSESOFACTIONTOORFORINDEMNIFICATION,CONTRIBUTION,COSTRECOVERYOROTHERREMEDYORRECOURSE(WHETHERONTHEBASISOFACLAIMSOUNDINGINTORT,CONTRACT,STATUTE,COMMONLAWOROTHERWISE)DIRECTLYORINDIRECTLYWITHRESPECTTOORINCONNECTIONWITHORARISINGFROMTHESUBJECTMATTEROFTHISAGREEMENT(INCLUDING,BUTNOTLIMITEDTO,ANYLIABILITIESARISING

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PURSUANTTOENVIRONMENTALLAWS)OUTSIDEOFTHEPROVISIONSOFARTICLEVII,ARTICLEVIII,SECTION5.5(D),SECTION5.6ANDSECTION9.7ORASOTHERWISEPROVIDEDINTHETRANSACTIONDOCUMENTS.

Section 8.8 Waiver of Certain Damages .EXCEPTFORCLAIMSMADEWITHRESPECTTOFRAUD,INNOEVENTSHALLANYPARTY(NORANYPARTY’SAFFILIATES,ORITSORTHEIRPAST,PRESENTORFUTUREDIRECTOR,OFFICER,EMPLOYEE,INCORPORATOR,MEMBER,PARTNER,STOCKHOLDER,AGENT,ATTORNEYORREPRESENTATIVES)BELIABLEFORSPECIAL,PUNITIVE,EXEMPLARY,INCIDENTAL,INDIRECTORCONSEQUENTIALDAMAGES,ORDAMAGESBASEDONDIMINUTIONOFVALUEORLOSTPROFITS,WHETHERBASEDINCONTRACT,TORT,STRICTLIABILITYOROTHERWISE,EXCEPTTOTHEEXTENT,WITHRESPECTTOSPECIAL,INCIDENTAL,INDIRECTORCONSEQUENTIALDAMAGES,ORDAMAGESBASEDONDIMINUTIONOFVALUEORLOSTPROFITS,SUCHDAMAGESARETHEREASONABLYFORESEEABLERESULTOFTHERELATEDBREACH;PROVIDED,HOWEVER,NOTHINGINTHISSECTION8.8SHALLPREVENTAPARTYFROMRECOVERINGANYSUCHDAMAGES(INCLUDINGFORAVOIDANCEOFDOUBT,PUNITIVEANDEXEMPLARYDAMAGES)THATHAVEBEENAWARDEDTOATHIRDPARTY(WHOISNOTANAFFILIATEOFAPARTY)INCONNECTIONWITHAMATTERFORWHICHSUCHPARTYISOTHERWISEENTITLEDTOINDEMNIFICATIONUNDERTHISARTICLEVIII.

Section 8.9 Right to Bring Claims .TheindemnityofeachpartyprovidedinthisArticleVIIIshallbeforthebenefitofandextendtoeachPersonthatisaSouthcrossIndemnifiedPersonoranAMIDIndemnifiedPerson,asapplicable;provided, however ,thatanyclaimforindemnityunderthisArticleVIIIbyanysuchPersonmustbebroughtandadministeredbyapartytothisAgreement.NoIndemnifiedPersonotherthanHoldingsLPandtheAMIDEntitiesshallhaveanyrightsagainsteitherHoldingsLPortheAMIDEntitiesunderthetermsofthisArticleVIIIexceptasmaybeexercisedonitsbehalfbytheAMIDEntitiesorHoldingsLP,asapplicable,pursuanttothisSection8.9.EachofHoldingsLPandtheAMIDEntitiesmayelecttoexerciseornotexerciseindemnificationrightsunderthisSection8.9onbehalfoftheotherIndemnifiedPersonsaffiliatedwithitinitssolediscretionandshallhavenoliabilitytoanysuchotherIndemnifiedPersonforanyactionorinactionunderthisSection8.9.

Section 8.10 Determination of Amount of Damages .TheamountofanyDamagesforwhichindemnificationisprovidedunderthisArticleVIIIwillbelimitedtotheDamagesactuallysufferedbytheIndemnifiedPersonandwillbecomputednetof(a)anyinsuranceorotherproceedsactuallyreceivedbytheIndemnifiedPersoninconnectionwithsuchDamages,netineachcaseofanyreasonablecostsincurredtorecoversuchproceeds(includinganyrelatedretrospectivepremiumadjustmentsresultingfromassertionofsuchclaims)(thenetamountofsuchproceeds,the“netproceeds”)or(b)anyindemnity,contributionorothersimilarpaymenttheIndemnifiedPersonactuallyreceivedfromanyPersonwithrespecttosuchDamages(lessreasonablecostsincurredinobtainingsuchrecovery).AnyIndemnifiedPersonthatbecomesawareofDamagesforwhichitintendstoseekindemnificationhereunderwill,atthesolecostandexpenseoftheIndemnifyingPerson,usecommerciallyreasonableeffortstomakeandpursuesuchclaimsforanyamountstowhichitmaybeentitledunderinsurancepoliciesorunderindemnificationagreementswiththirdpartiesasarereasonablyrequestedbytheIndemnifying

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Person;providedhoweverthatundernocircumstanceswilltheIndemnifiedPersonberequiredtocommenceorprosecuteanyLegalProceedingwithrespectthereto.UndernocircumstancesshallthepossibilityofafutureinsurancerecoverybeabasisforreducingtheDamagessubjecttoindemnificationhereunderpriortotheactualreceiptofsuchrecovery,orforlimiting,postponingordelayingsatisfactionofanyindemnificationobligationhereunderoranyIndemnifiedPerson’srighttobeindemnified,provided that,ifanythirdpartyrecoveryorinsurancerecoveryisactuallyreceivedbytheIndemnifiedPersonafterhavingpreviouslyreceivedindemnityclaimproceedshereunder,suchPartywillpromptlytendertotherespectivePartyanamountequaltosuchthirdpartyrecoveryorinsurancerecoverytheamountoftheapplicablenetproceedsuptotheamountofanyindemnificationpaymentstheretoforemadeinrespectofsuchdamages.Notwithstandingtheforegoing,innoeventshallanycashdisbursedfromtheIndemnityEscrowFundwithrespecttodistributionspaidinrespectoftheIndemnityEscrowUnitsreducetheamountofDamagessufferedbyanyIndemnifiedPerson.

Section 8.11 Disclaimer and Waiver of other Representations .

(a)EXCEPTFORTHEREPRESENTATIONSANDWARRANTIESCONTAINEDINARTICLEIIIORINANYOTHERTRANSACTIONDOCUMENT,HOLDINGSLPMAKESNOOTHERREPRESENTATIONSORWARRANTIES,EXPRESSORIMPLIED,ANDHOLDINGSLPHEREBYDISCLAIMSANYOTHERREPRESENTATIONORWARRANTYWITHRESPECTTOTHESOUTHCROSSCOMPANIES.EXCEPTFORTHEREPRESENTATIONSANDWARRANTIESCONTAINEDINARTICLEIVORINANYOTHERTRANSACTIONDOCUMENT,THEAMIDENTITIESMAKENOOTHERREPRESENTATIONSORWARRANTIES,EXPRESSORIMPLIED,ANDTHEAMIDENTITIESHEREBYDISCLAIMANYOTHERREPRESENTATIONORWARRANTYWITHRESPECTTOTHEAMIDENTITIES.

(b)EACHPARTYACKNOWLEDGESANDAGREESTHATINENTERINGINTOTHISAGREEMENT,ITHASCONDUCTEDITSOWNINDEPENDENTINVESTIGATIONOFTHECONDITION,OPERATIONSANDBUSINESSOFTHEOTHERPARTIESANDTHEIRSUBSIDIARIES.EACHPARTYACKNOWLEDGESANDAGREESTHATITHASRELIEDONLYUPONTHEREPRESENTATIONS,WARRANTIESANDCOVENANTSSETFORTHINTHISAGREEMENTANDTHETRANSACTIONDOCUMENTS,ANDITSDUEDILIGENCEINVESTIGATIONANDANALYSISOFTHEOTHERPARTIESANDTHEIRSUBSIDIARIES.WITHOUTLIMITINGTHEGENERALITYOFTHEFOREGOING,EACHPARTY:

(i)ACKNOWLEDGESANDAGREESITHASNOTRELIEDUPONANYREPRESENTATIONSORWARRANTIES,WHETHEREXPRESSORIMPLIED,MADEBYTHEOTHERPARTIES,THEIRAFFILIATESORANYOFTHEIRRESPECTIVEDIRECTORS,MANAGERS,OFFICERS,PARTNERS,EQUITYHOLDERS,EMPLOYEES,CONTROLLINGPERSONS,AGENTS,ADVISORSORREPRESENTATIVESTHATARENOTEXPRESSLYSETFORTHINTHISAGREEMENTORINANYOFTHETRANSACTIONDOCUMENTS,WHETHERORNOTSUCHREPRESENTATIONS,WARRANTIESORSTATEMENTSWEREMADEINWRITINGORORALLY;

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(ii)ACKNOWLEDGESANDAGREESTHATNEITHERIT,NORITSAFFILIATESNORANYOFITSRESPECTIVEDIRECTORS,PARTNERS,MANAGERS,OFFICERS,EQUITYHOLDERS,EMPLOYEES,CONTROLLINGPERSONS,AGENTS,ADVISORSORREPRESENTATIVESMAKESORHASMADEANYREPRESENTATIONORWARRANTY,EITHEREXPRESSORIMPLIED,ASTOTHEACCURACYORCOMPLETENESSOFANYOFTHEINFORMATIONPROVIDEDORMADEAVAILABLETOTHEOTHERPARTIESORTHEIRAFFILIATESORTHEIRRESPECTIVEDIRECTORS,MANAGERS,PARTNERS,OFFICERS,EQUITYHOLDERS,EMPLOYEES,CONTROLLINGPERSONS,AGENTS,ADVISORSORREPRESENTATIVES,INCLUDINGANYINFORMATION,DOCUMENT,ORMATERIALPROVIDEDORMADEAVAILABLE,ORSTATEMENTSMADE,TOTHEOTHERPARTIESORTHEIRAFFILIATESORTHEIRRESPECTIVEDIRECTORS,MANAGERS,OFFICERS,EQUITYHOLDERS,EMPLOYEES,CONTROLLINGPERSONS,AGENTS,ADVISORSORREPRESENTATIVESDURINGSITEOROFFICEVISITS,INANY“DATAROOMS”(INCLUDINGINTERNET-BASEDDATAROOMS),MANAGEMENTPRESENTATIONSORSUPPLEMENTALDUEDILIGENCEINFORMATIONPROVIDEDTOTHEOTHERPARTIESORTHEIRAFFILIATESORTHEIRRESPECTIVEDIRECTORS,MANAGERS,OFFICERS,EQUITYHOLDERS,EMPLOYEES,CONTROLLINGPERSONS,AGENTS,ADVISORSORREPRESENTATIVESINCONNECTIONWITHDISCUSSIONSORACCESSTOMANAGEMENTORINANYOTHERFORMINEXPECTATIONOFTHETRANSACTIONSCONTEMPLATEDBYTHISAGREEMENT(COLLECTIVELY,THE“DUEDILIGENCEINFORMATION”),EXCEPTINEACHCASETOTHEEXTENTEXPRESSLYSETFORTHINTHEREPRESENTATIONSANDWARRANTIESSETFORTHINTHISAGREEMENTORANYOFTHETRANSACTIONDOCUMENTS;

(iii)ACKNOWLEDGESANDAGREESTHATTHEDUEDILIGENCEINFORMATIONINCLUDESCERTAINPROJECTIONS,ESTIMATESANDOTHERFORECASTS,ANDCERTAINBUDGETSANDBUSINESSPLANINFORMATION,ANDTHEREAREUNCERTAINTIESINHERENTINATTEMPTINGTOMAKESUCHPROJECTIONS,ESTIMATESANDOTHERFORECASTSANDPLANS;AND

(iv)ACKNOWLEDGESANDAGREESTHATNOTWITHSTANDINGANYTHINGINTHEFOREGOINGTOCONTRARY,NOTHINGINTHISAGREEMENTSHALLLIMITANYPARTY’SCLAIMSMADEINRESPECTOFFRAUD.

ARTICLE IXMISCELLANEOUS

Section 9.1 Amendment or Supplement .AtanytimepriortotheClosing,thisAgreementmaybeamendedorsupplementedinanyandallrespects,onlybywrittenagreementsignedonbehalfofalloftheparties.

Section 9.2 Extension of Time, Waiver, Etc .AtanytimepriortotheClosing,anyparty(withrespecttoitselfonly)may,subjecttoapplicableLaw,(a)waiveanyinaccuraciesin

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therepresentationsandwarrantiesofanyotherparty,(b)extendthetimefortheperformanceofanyoftheobligationsoractsofanyotherpartyor(c)waivecompliancebytheotherpartywithanyoftheagreementscontainedhereinor,exceptasotherwiseprovidedherein,waiveanyofsuchparty’sconditions.Notwithstandingtheforegoing,nofailureordelaybyanypartyinexercisinganyrighthereundershalloperateasawaiverthereofnorshallanysingleorpartialexercisethereofprecludeanyotherorfurtherexercisethereofortheexerciseofanyotherrighthereunder.Anyagreementonthepartofapartyheretotoanysuchextensionorwaivershallbevalidonlyifsetforthinaninstrumentinwritingsignedonbehalfofsuchparty.

Section 9.3 Assignment .NeitherthisAgreementnoranyoftherights,interestsorobligationshereundershallbeassigned,inwholeorinpart,byoperationofLaworotherwise,byanyofthepartieswithoutthepriorwrittenconsentoftheotherpartiesexceptthat(a)AMIDmayassign,initssolediscretion,anyoforallitsrights,interestsandobligationsunderthisAgreementtoanywhollyownedSubsidiaryofAMID,(b)nosuchassignmentshallrelieveAMIDofanyofitsobligationshereunderand(c)AMIDshallhavetherighttoassignitsrightshereundertoaFinancingSourceascollateralsecurity,provided thatsuchassignmentiseffectedonlyforsecuritypurposesandshallnotpermitanyforeclosureorotherexecutiononsuchassignmentpriortotheClosingDate.Subjecttotheprecedingsentence,thisAgreementshallbebindingupon,inuretothebenefitof,andbeenforceableby,thepartiesheretoandtheirrespectivesuccessorsandpermittedassigns.Exceptassetforthintheimmediatelyfollowingsentence,nothinginthisAgreementshallcreateorbedeemedtocreateanythirdpartybeneficiaryrightsinanyPersonnotapartytothisAgreementexceptassetforthinSection5.6andArticleVIII.AnypurportedassignmentnotpermittedunderthisSection9.3shallbenullandvoid.

Section 9.4 Counterparts .ThisAgreementmaybeexecutedincounterparts(eachofwhichshallbedeemedtobeanoriginalbutallofwhichtakentogethershallconstituteoneandthesameagreement)andshallbecomeeffectivewhenoneormorecounterpartshavebeensignedbyeachofthepartiesanddeliveredtotheotherparties.Thedeliveryofsignedcounterpartsbyfacsimileoremailtransmissionwhichincludesacopyofthesendingparty’ssignature(s)isaseffectiveassigninganddeliveringthecounterpartinperson.

Section 9.5 Entire Agreement; No Third-Party Beneficiaries .ThisAgreement,theTransactionDocumentsandtheConfidentialityAgreement(a)constitutetheentireagreement,andsupersedeallotherprioragreementsandunderstandings,bothwrittenandoral,amongthepartieswithrespecttothesubjectmatterofthisAgreementandthereofand(b)shallnotconferuponanyPersonotherthanthepartiesheretoanyrights(includingthird-partybeneficiaryrightsorotherwise)orremedieshereunder,exceptfor,inthecaseofclause(b),theprovisionsofSection5.5(d)(AccessIndemnification),Section5.6(IndemnificationandInsurance),Section7.2(EffectofTermination),ArticleVIII(Indemnification),andthisSection9.5(EntireAgreement;NoThird-PartyBeneficiary).

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Section 9.6 Governing Law; Jurisdiction; Waiver of Jury Trial .

(a)ThisAgreementandalldisputesorcontroversiesarisingoutoforrelatingtothisAgreementshallbegovernedby,andconstruedinaccordancewith,thelawsoftheStateofDelaware,applicabletocontractsexecutedinandtobeperformedentirelywithinthatStatewithoutgivingeffecttothechoiceoflawprinciplesofsuchstatethatwouldrequireorpermittheapplicationoftheLawsofanotherjurisdiction.

(b)EachofthepartiesheretoirrevocablyagreesthatanylegalactionorproceedingwithrespecttothisAgreementandtherightsandobligationsarisinghereunderbroughtbytheotherpartyheretooritssuccessorsorassigns,shallbebroughtanddeterminedexclusivelyintheDelawareCourtofChanceryandanystateappellatecourttherefromwithintheStateofDelaware(or,iftheDelawareCourtofChancerydeclinestoacceptjurisdictionoveraparticularmatter,anystateorfederalcourtwithintheStateofDelaware).Eachofthepartiesheretoherebyirrevocablysubmitswithregardtoanysuchactionorproceedingforitselfandinrespectofitsproperty,generallyandunconditionally,tothepersonaljurisdictionoftheaforesaidcourtsandagreesthatitwillnotbringanyactionrelatingtothisAgreementoranyoftheTransactionsinanycourtotherthantheaforesaidcourts.Eachofthepartiesheretoherebyirrevocablywaives,andagreesnottoassertasadefense,counterclaimorotherwise,inanyactionorproceedingwithrespecttothisAgreement,(i)anyclaimthatitisnotpersonallysubjecttothejurisdictionoftheabovenamedcourtsforanyreasonotherthanthefailuretoserveinaccordancewiththisSection9.6,(ii)anyclaimthatitoritspropertyisexemptorimmunefromthejurisdictionofanysuchcourtorfromanylegalprocesscommencedinsuchcourts(whetherthroughserviceofnotice,attachmentpriortojudgment,attachmentinaidofexecutionofjudgment,executionofjudgmentorotherwise)and(iii)tothefullestextentpermittedbyapplicableLaw,anyclaimthat(x)thesuit,actionorproceedinginsuchcourtisbroughtinaninconvenientforum,(y)thevenueofsuchsuit,actionorproceedingisimproperor(z)thisAgreement,orthesubjectmatterhereof,maynotbeenforcedinorbysuchcourts.Notwithstandingtheforegoing,eachofthepartiesagreesthatajudgment,decreeorawardrenderedbyanysuchcourtinDelawaremaybeenforcedinotherjurisdictionsbysuitonthejudgmentorinanyothermanyprovidedbyLaw.

(c)EACHPARTYHEREBYIRREVOCABLYWAIVESALLRIGHTTOTRIALBYJURYINANYACTION,PROCEEDINGORCOUNTERCLAIM(WHETHERBASEDONCONTRACT,TORTOROTHERWISE,INCLUDINGANYCLAIM,CAUSEOFACTIONORLEGALPROCEEDING)ARISINGOUTOFORRELATINGTOTHISAGREEMENT,THETRANSACTIONS,THEFINANCINGORTHEACTIONSOFANYPARTYINTHENEGOTIATION,ADMINISTRATION,PERFORMANCEANDENFORCEMENTOFTHISAGREEMENTANDTHETRANSACTIONS.

Section 9.7 Specific Performance .ThepartiesagreethatirreparabledamagewouldoccurandthatthepartieswouldnothaveanyadequateremedyatlawintheeventthatanyoftheprovisionsofthisAgreementwerenotperformedinaccordancewiththeirspecifictermsorwereotherwisebreachedanditisaccordinglyagreedthatthepartiesshallbeentitledtoaninjunctionorinjunctionstopreventbreachesofthisAgreementandtoenforcespecificallythetermsandprovisionsofthisAgreement,ineachcase,inaccordancewiththisSection9.7intheDelawareCourtofChanceryor,ifjurisdictionisnotthenavailableintheCourtofChanceryoftheStateof

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Delaware,anyfederalcourtsittingintheStateofDelaware,thisbeinginadditiontoanyotherremedytowhichtheyareentitledatlaworinequity.Eachofthepartiesagreesthatitwillnotopposethegrantingofaninjunction,specificperformanceandotherequitablereliefasprovidedhereinonthebasisthat(x)eitherpartyhasanadequateremedyatlawor(y)anawardofspecificperformanceisnotanappropriateremedyforanyreasonatlaworequity.Eachpartyfurtheragreesthatnopartyshallberequiredtoobtain,furnishorpostanybondorsimilarinstrumentinconnectionwithorasaconditiontoobtaininganyremedyreferredtointhisSection9.7,andeachpartyirrevocablywaivesanyrightitmayhavetorequiretheobtaining,furnishingorpostingofanysuchbondorsimilarinstrument.Notwithstandinganythinghereintothecontrary,thepartiesherebyacknowledgeandagreethatHoldingsLPshallbeentitledtospecificperformancetocauseAMIDtoconsummatetheClosingifandonlyif:

(i)allconditionsinSection6.1andSection6.2(otherthanthoseconditionsthatbytheirnaturearetobesatisfiedattheClosing,butsubjecttosuchsatisfactionorwaiver)havebeensatisfiedorwaived;

(ii)theFinancinghasbeenfundedorwillbefundedattheClosinginamountssufficientforAMIDtomakethecashpaymentsrequiredtobemadepursuanttoSection2.2andSection6.3(d);

(iii)theAMIDEntitieshavefailedtoconsummatetheClosingbythedaterequiredpursuanttoSection1.2;and

(iv)HoldingsLPhasconfirmedthatifspecificperformanceisgranted,thenitwilltakeallsuchactionsasarewithinitscontroltocausetheClosingtooccur.

Section 9.8 Notices .Allnotices,requestsandothercommunicationstoanypartyhereundershallbeinwritingandshallbedeemedgivenifdeliveredpersonally,byfacsimile(whichisconfirmed)orelectronictransmission,orsentbyovernightcourier(providingproofofdelivery)tothepartiesatthefollowingaddresses:

IfpriortoClosingtoHoldingsLP,to:

SouthcrossHoldingsLP750TownandCountryBoulevardSuite950Houston,Texas77024E-mail:[email protected]:KellyJameson


LockeLordLLP600TravisStreet,Suite2800Houston,Texas77002FaxNo.:(713)546-5401E-mail:[email protected]:H.WilliamSwanstrom

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and

LockeLordLLP600CongressAvenue,Suite2200Austin,Texas78701FaxNo.:512-391-4818E-mail:[email protected]:MichelleEarley

IfafterClosingtoHoldingsLP,to:

TailwaterCapitalLLC2021McKinneyAve.Suite1250Dallas,TX75201E-mail:[email protected]:DavidCecere

and

EIGManagementCompany,LLC333ClayStreet,Suite3500Houston,Texas77002E-mail:[email protected]:MatthewHartman

and

SpecialA-2CommitteeoftheBoardofDirectorsofSouthcrossHoldingsGPLLCc/oJonesDay717Texas,Suite3300Houston,Texas,77002Email:[email protected]@jonesday.comAttn:EmilyLeitch


LockeLordLLP600TravisStreet,Suite2800Houston,Texas77002FaxNo.:(713)546-5401E-mail:[email protected]:H.WilliamSwanstrom

and

LockeLordLLP

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600CongressAvenue,Suite2200Austin,Texas78701FaxNo.:512-391-4818E-mail:[email protected]:MichelleEarley

IftoAMIDGPorAMIDto:

AmericanMidstreamPartners,LP2103CityWestBlvd.Houston,Texas77042Email:[email protected]:GeneralCounsel


Gibson,Dunn&CrutcherLLP1221McKinneyStreetHouston,Texas77010-2046FaxNo.:(346)718-6901Email:

[email protected]@gibsondunn.com

Attn: TullR.Florey HillaryH.Holmes


AndrewsKurthKenyonLLP600TravisStreet,Suite4200Houston,Texas77002Email:[email protected]:G.MichaelO’Leary

orsuchotheraddressorfacsimilenumberassuchpartymayhereafterspecifybylikenoticetotheotherpartieshereto.Allsuchnotices,requestsandothercommunicationsshallbedeemedreceivedonthedateofreceiptbytherecipientthereofifreceivedpriorto5:00P.M.intheplaceofreceiptandsuchdayisaBusinessDayintheplaceofreceipt.Otherwise,anysuchnotice,requestorcommunicationshallbedeemednottohavebeenreceiveduntilthenextsucceedingBusinessDayintheplaceofreceipt.

Section 9.9 Severability .IfanytermorotherprovisionofthisAgreementisdeterminedbyacourtofcompetentjurisdictionorbyfuturelegislativeactiontobeinvalid,illegalorincapableofbeingenforcedbyanyruleoflaworpublicpolicy,allotherterms,provisionsandconditionsofthisAgreementshallneverthelessremaininfullforceandeffect.Uponsuchdeterminationthatanytermorotherprovisionisinvalid,illegalorincapableofbeingenforced,thepartiesheretoshallnegotiateingoodfaithtomodifythisAgreementsoastoeffecttheoriginalintentofthepartiesascloselyaspossibletothefullestextentpermittedbyapplicablelawinanacceptablemannertotheendthattheTransactionsarefulfilledtotheextentpossible.

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Section 9.10 Rules of Construction; Joint Drafting .

(a)InconstruingthisAgreement,thefollowingprincipleswillbefollowed,ineachcaseunlessexpresslyprovidedotherwiseinaparticularinstance:(i)thesingularincludesthepluralandviceversa;(ii)referencetoaPersonincludessuchPerson’ssuccessorsandassignsbut,inthecaseofaparty,onlyifsuchsuccessorsandassignsarepermittedbythisAgreement,andreferencetoaPersoninaparticularcapacityexcludessuchPersoninanyothercapacity;(iii)referencetoanygenderincludeseachothergender;(iv)referencestoanyExhibit,Schedule,Section,Article,Annex,subsectionandothersubdivisionrefertothecorrespondingExhibits,Schedules,Sections,Articles,Annexes,subsectionsandothersubdivisionsofthisAgreement,unlessexpresslyprovidedotherwise;(v)referencesinanySection,ArticleordefinitiontoanyclausemeanssuchclauseofsuchSection,Articleordefinition;(vi)“hereunder,”“hereof,”“hereto,”“hereby”andwordsofsimilarimportarereferencestothisAgreementasawholeandnottoanyparticularprovisionofthisAgreement;(vii)theword“or”isnotexclusive,andtheword“including”(initsvariousforms)means“includingwithoutlimitation”;(viii)eachaccountingtermnototherwisedefinedinthisAgreementhasthemeaningcommonlyappliedtoitinaccordancewithGAAP;(ix)referencesto“days”aretocalendardays,unlesstheterm“BusinessDays”isused;(x)allreferencestomoneyrefertothelawfulcurrencyoftheUnitedStates;(xi)referencestothe“otherparty”fromtheperspectiveoftheAMIDEntities,refertoHoldingsLP,andfromtheperspectiveofHoldingsLP,refertotheAMIDEntities;and(xii)anyreferencetoanyfederal,state,localorforeignLawshallbedeemedalsotorefertoallrulesandregulationspromulgatedthereunder.

(b)ThepartieshaveparticipatedjointlyinthenegotiationanddraftingofthisAgreementwiththeassistanceofcounseland,intheeventanambiguityorquestionofintentorinterpretationarises,thisAgreementshallbeconstruedasjointlydraftedbythepartiesheretoandnopresumptionorburdenofproofshallarisefavoringordisfavoringanypartybyvirtueoftheauthorshipofanyprovisionofthisAgreementorinterimdraftsofthisAgreement.

Section 9.11 Disclosure Schedules .TheSouthcrossDisclosureSchedulesandtheAMIDDisclosureSchedulesarearrangedinsectionscorrespondingtothosecontainedinthisAgreementmerelyforconvenience,andthedisclosureofaniteminonesectionorsubsectionofsuchSouthcrossDisclosureSchedulesorAMIDDisclosureSchedules,asapplicable,asanexceptiontoanyparticularcovenant,representationorwarrantyshallbedeemedadequatelydisclosedasanexceptionwithrespecttoallothercovenants,representationsorwarranties,notwithstandingthepresenceorabsenceofanappropriatesectionorsubsectionofsuchSouthcrossDisclosureSchedulesorAMIDDisclosureScheduleswithrespecttosuchothercovenants,representationsorwarrantiesoranappropriatecrossreferencethereto,ineachcasetotheextentrelevancyofsuchdisclosuretosuchothercovenants,representationsorwarrantiesisreasonablyapparentonthefaceofsuchdisclosurethatsuchdisclosedinformationisapplicablethereto.Additionally,foreachoftheSouthcrossDisclosureSchedulesortheAMIDDisclosureSchedules,themereinclusionofaniteminsuchSouthcrossDisclosureScheduleorAMIDDisclosureSchedules,asapplicable,asanexceptiontoarepresentationorwarrantyshallnotbedeemedanadmissionoracknowledgment,inandofitselfandsolelybyvirtueoftheinclusionofsuchinformationinsuchSouthcrossDisclosureScheduleorAMIDDisclosureSchedules,asapplicable,thatsuchinformationisrequiredtobelistedinsuchSouthcrossDisclosureScheduleorAMIDDisclosureSchedule,asapplicable,orthatsuchitem(oranynon-discloseditemor

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informationofcomparableorgreatersignificance)representsamaterialexceptionorfact,eventorcircumstance,thatsuchitemhashad,orisexpectedtoresultin,aSouthcrossMaterialAdverseEffectorAMIDMaterialAdverseEffect,asapplicable,thatsuchitemactuallyconstitutesnoncompliancewith,oraviolationof,anyLaw,PermitorcontractorothertopictowhichsuchdisclosureisapplicableorthatsuchitemisoutsidetheOrdinaryCourseofBusiness;furthermore,withoutlimitingthegeneralityoftheforegoing,themereinclusionofacontractonSouthcrossDisclosureSchedule3.14(a)doesnotmeanthatsuchcontractmeets,orwillmeet,themonetarythresholdssetforthinthedefinitionofHoldingsCompanyMaterialContract;providedforavoidanceofdoubtallcontractsincludedonSouthcrossDisclosureSchedule3.14(a)shallbedeemedHoldingsCompanyMaterialContracts.ThespecificationofanydollaramountintherepresentationsandwarrantiescontainedinthisAgreementortheinclusionofanyspecificitemintheSouthcrossDisclosureSchedulesortheAMIDDisclosureSchedulesisnotintendedtoimplythatsuchamounts(orhigherorloweramounts)areorarenotmaterial,andnopartyshallusethefactofthesettingofsuchamountsorthefactoftheinclusionofanysuchitemintheSouthcrossDisclosureSchedulesortheAMIDDisclosureSchedules,asapplicable,inanydisputeorcontroversybetweenthepartiesastowhetheranyobligation,item,ormatternotdescribedhereinorincludedinaSouthcrossDisclosureScheduleorAMIDDisclosureScheduleisorisnotmaterialforpurposesofthisAgreement.CapitalizedtermsusedintheSouthcrossDisclosureSchedulesortheAMIDDisclosureSchedules,unlessotherwisedefinedtherein,shallhavethemeaningsassignedtotheminthisAgreement.

Section 9.12 Non-Recourse .ThisAgreementmayonlybeenforcedagainst,andanyLegalProceedingbasedupon,arisingoutof,orrelatedtothisAgreement,orthenegotiation,executionorperformanceofthisAgreement,mayonlybebroughtagainsttheentitiesthatareexpresslynamedaspartiesheretoandthenonlywithrespecttothespecificobligationssetforthhereinwithrespecttosuchparty.Nopast,presentorfuturedirector,officer,employee,incorporator,member,partner,stockholder,agent,attorney,representativeoraffiliateofanypartyoranyoftheirrespectiveAffiliates(unlesssuchAffiliateisexpresslyapartytothisAgreement)shallhaveanyliability(whetherincontractorintort)foranyobligationsorliabilitiesofsuchpartyarisingunder,inconnectionwithorrelatedtothisAgreementorforanyclaimbasedon,inrespectof,orbyreasonof,theTransactions;provided ,however ,thatnothinginthisSection9.12shalllimitanyliabilityofthepartiestothisAgreementforbreachesofthetermsandconditionsofthisAgreement.

Section 9.13 Conflict Waiver; Privilege .

(a)LockeLordLLPhasactedascounseltoHoldingsLPandtheSouthcrossCompaniesinconnectionwiththenegotiation,preparation,executionanddeliveryofthisAgreementandtheconsummationoftheTransactions.TheAMIDEntitiesagree,andshallcausetheSouthcrossCompaniestoagree,that,followingconsummationoftheTransactions,suchrepresentationandanypriorrepresentationoftheSouthcrossCompaniesbyLockeLordLLP(oranysuccessor)(the“SouthcrossLawFirm”)shallnotprecludetheSouthcrossLawFirmfromservingascounseltoHoldingsLPoranydirector,member,shareholder,partner,officeroremployeeofHoldingsGPorHoldingsLP,inconnectionwithanylitigation,claimorobligationarisingoutoforrelatingtothisAgreement,theSXEMergerAgreement,theTransactionsortheSXEMergerTransactions.

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(b)TheAMIDEntitiesshallnot,andshallcausetheSouthcrossCompaniesnotto,seekorhavetheSouthcrossLawFirmdisqualifiedfromanysuchrepresentationbasedupontherepresentationoftheSouthcrossCompaniesbytheSouthcrossLawFirmpriortotheClosing.Eachofthepartiesherebyconsentstheretoandwaivesanyconflictofinterestarisingfromsuchpriorrepresentation,andeachofsuchpartiesshallcauseanyofitsAffiliatestoconsenttowaiveanyconflictofinterestarisingfromsuchrepresentation.Eachofthepartiesacknowledgesthatsuchconsentandwaiverisvoluntary,thatithasbeencarefullyconsidered,andthatthepartieshaveconsultedwithcounselorhavebeenadvisedtheyshoulddosoinconnectionherewith.Thecovenants,consentandwaivercontainedinthisSection9.13shallnotbedeemedexclusiveofanyotherrightstowhichtheSouthcrossLawFirmisentitledwhetherpursuanttolaw,contractorotherwise.

(c)AllcommunicationspriortotheClosingbetweenHoldingsGP,HoldingsLPortheSouthcrossCompanies,ontheonehand,andtheSouthcrossLawFirm,ontheotherhand,solelyrelatingtothenegotiation,preparation,executionanddeliveryofthisAgreementandtheconsummationoftheTransactions(the“PrivilegedCommunications”)shallbedeemedtobeattorney-clientprivilegedandtheexpectationofclientconfidencerelatingtheretoshallbelongsolelytoHoldingsLPandshallnotpasstoorbeclaimedbytheAMIDEntities,SXHHoldingsortheContributedCompanies.Accordingly,theAMIDEntitiesandtheSouthcrossCompaniesshallnothaveaccesstoanyPrivilegedCommunicationsortothefilesoftheSouthcrossLawFirmrelatingtosuchengagementfromandafterClosing.Withoutlimitingthegeneralityoftheforegoing,fromandaftertheClosing,(i)HoldingsLP(andnottheAMIDEntities,SXHHoldingsortheContributedCompanies)shallbethesoleholdersoftheattorney-clientprivilegewithrespecttosuchengagement,andnoneoftheAMIDEntitiesortheSouthcrossCompaniesshallbeaholderthereof,(ii)totheextentthatfilesoftheSouthcrossLawFirminrespectofsuchengagementconstitutepropertyoftheclient,onlyHoldingsLP(andnottheAMIDEntities,SXHHoldingsortheContributedCompanies)shallholdsuchpropertyrightsand(iii)theSouthcrossLawFirmshallhavenodutywhatsoevertorevealordiscloseanysuchattorney-clientcommunicationsorfilestotheAMIDEntitiesortheSouthcrossCompaniesbyreasonofanyattorney-clientrelationshipbetweentheSouthcrossLawFirmandtheSouthcrossCompaniesorotherwise.Notwithstandingtheforegoing,intheeventthatadisputearisesbetweenanyoftheAMIDEntitiesortheirAffiliates(including,followingtheClosing,SXHHoldingsandtheContributedCompanies),ontheonehand,andathirdpartyotherthanHoldingsLP,ontheotherhand,suchAMIDEntityanditsAffiliates(including,followingtheClosing,SXHHoldingsandtheContributedCompanies)mayasserttheattorney-clientprivilegetopreventdisclosureofconfidentialcommunicationstosuchthirdparty;provided ,however ,thatneitheranyAMIDEntitynoranyofitsAffiliates(including,followingtheClosing,SXHHoldingsandtheContributedCompanies)maywaivesuchprivilegewithoutthepriorwrittenconsentofHoldingsLP,whichconsentshallnotbeunreasonablywithheld,conditionedordelayed.IntheeventthatanyAMIDEntityoranyofitsAffiliates(including,followingtheClosing,SXHHoldingsandtheContributedCompanies)islegallyrequiredbyanorderofaGovernmentalAuthorityorotherwiselegallyrequiredtoaccessorobtainacopyofalloraportionofthePrivilegedCommunications,totheextent(x)permittedbyLaw,and(y)advisableintheopinionofsuchAMIDEntity’scounsel,thensuchAMIDEntityshallimmediately(and,inanyevent,withinfiveBusinessDays)notifyHoldingsLPinwritingsothatHoldingsLPcanseekaprotectiveorder.

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Section 9.14 Definitions .AsusedinthisAgreement,thefollowingtermshavethemeaningsascribedtheretobelow:

“AdjustmentEscrowFund”meanstheAdjustmentEscrowUnitsdepositedwiththeEscrowAgent,asmaybeincreasedordecreasedasprovidedinthisAgreementandtheEscrowAgreement,includinganydistributionspaidinrespectthereof.

“AdjustmentEscrowUnits”means350,000AMIDCommonUnits.

“AdministrativeExpenses”meanstaxconsultingservicefees,auditorfees,administrationcontractorfees,legalfees,transferagentfees,insurancefeesandsimilaradministrativeexpenses.

“Affiliate”means,astoanyPerson,anyotherPersonthat,directlyorindirectly,controls,oriscontrolledby,orisundercommoncontrolwith,suchPerson.Forthispurpose,“control”(including,withitscorrelativemeanings,“controlledby”and“undercommoncontrolwith”)meansthepossession,directlyorindirectly,ofthepowertodirectorcausethedirectionofmanagementorpoliciesofaPerson,whetherthroughtheownershipofsecuritiesorpartnershiporotherownershipinterests,bycontractorotherwise.

“AMIDBoard”meanstheboardofdirectorsofAMIDGP,thegeneralpartnerofAMID.

“AMIDCharterDocuments”means,collectively,thecertificateoflimitedpartnershipofAMIDandtheAMIDPartnershipAgreement.

“AMIDCommonUnits”meanscommonunitsrepresentingthelimitedpartnershipinterestsofAMIDhavingtherightsandobligationsspecifiedwithrespecttothe“CommonUnits”asdefinedintheAMIDPartnershipAgreement.

“AMIDDisclosureSchedule”meansthedisclosureletterdeliveredbyAMIDtoHoldingsLPpriortotheexecutionofthisAgreement.

“AMIDIncentiveDistributionRights”means“IncentiveDistributionRights”asdefinedintheAMIDPartnershipAgreement.

“AMIDGeneralPartnerUnits”meansthe“NotionalGeneralPartnerUnits”asdefinedintheAMIDPartnershipAgreement.

“AMIDGPAgreement”meanstheFourthAmendedandRestatedLimitedLiabilityCompanyAgreementofAMIDGP,datedasofAugust10,2017.

“AMIDGPClassDUnits”meansthe“ClassDUnits”ofAMIDGPasdefinedintheAMIDGPAgreement,asamendedbytheAMIDGPAgreementAmendmenthavingtherights,powers,privilegesandpreferencesspecifiedtherein.

“AMIDMaterialAdverseEffect”means,anychange,circumstance,development,eventoroccurrencethat,individuallyorintheaggregate(a)hasamaterialadverseeffectonthebusiness,financialconditionorresultsofoperationsoftheAMIDEntitiesandtheirSubsidiaries,

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takenasawhole,or(b)preventsormateriallyimpedes,interfereswithorhinderstheconsummationofthetransactionscontemplatedhereby,bytheAMIDEntities,onorbeforetheOutsideDate.

“AMIDPartnershipAgreement”meanstheFifthAmendedandRestatedAgreementofLimitedPartnershipofAmericanMidstreamPartners,LP,datedApril25,2016,asamendedandsupplementedfromtimetotime.

“AMIDPartnershipInterest”means“PartnershipInterest”asdefinedintheAMIDPartnershipAgreement.

“AMIDPreferredUnit”meansa“SeriesEPreferredUnit”asdefinedintheAMIDPartnershipAgreementAmendment.

“AMIDSecurity”meansanyclassorseriesofequityinterestinAMID(butexcludinganyoptions,rights,warrantsandappreciationrightsrelatingtoanequityinterestinAMID),includingwithoutlimitationallLimitedPartnerInterest(assuchtermisdefinedintheAMIDPartnershipAgreement).

“AMIDUnitholders”means,collectively,theholdersofoutstandingAMIDCommonUnits,AMIDSeriesAUnitsandAMIDSeriesCUnits.

“ApplicablePercentage”meansapercentagethat(a)withrespecttoAMID,equalsthequotientdeterminedbydividing(i)thesumof(x)thedollaramountofconsiderationsetforthinSection2.2(a)(i)(A),(y)thefairmarketvalueoftheAMIDPreferredUnitConsideration(determinedusingtheEquityPriceapplicablethereto),and(z)thefairmarketvalueoftheAMIDOptionsdescribedinSection2.2(a)(iii)asoftheClosingDate(whichthepartiesanticipatetobezero),by(ii)thesumoftheamountdescribedinclause(i)hereofplus$9,800,000,and(b)withrespecttoAMIDGP,equals1minusAMID’sApplicablePercentage.

“AntitrustLaws”meanstheShermanAct,asamended,theClaytonAct,asamended,theHSRAct,theFederalTradeCommissionAct,asamended,andallotherapplicableLawsissuedbyaGovernmentalAuthoritythataredesignedorintendedtoprohibit,restrictorregulateactionshavingthepurposeoreffectofmonopolizationorrestraintoftradeorlesseningofcompetition.

“BackstopLetter”meansthatcertainBackstopInvestmentCommitmentLetter,datedDecember29,2016,andenteredintoby(a)SXE,(b)HoldingsLP,(c)WellsFargoBank,N.A.,(d)(i)TWAggregatorLP,TWBBTSAggregatorLP,TWSouthcrossSidecarIILP,TWSouthcrossSidecarII(N-QP)LP,EIGBBTSHoldings,LLC,EIGEnergyXV(BBTS)Blocker,LLC,EIGEnergyFundXVHoldings,LP,EIGEnergyFundXVCaymanBlocker,LP,EIGEnergyFundXV(Cayman),L.P.,EIGEnergyFundXV-B,L.P.,EIGEnergyFundXV-A,L.P.,EIGEnergyFundXV,L.P.,EIGEnergyXIVBlocker(BBTS),LLC,EIGEnergyFundXIV(Cayman),L.P.,EIGEnergyFundXIV-B,L.P.,EIGEnergyFundXIV-A,L.P.andEIGEnergyFundXIV,L.P.,asmaybeamendedfromtimetotime.

“Business”meansthebusinessoftheSouthcrossCompanies,includingthebusinessof(a)naturalgasgathering,processing,treating,compressionandtransportationservicesandNGLfractionationandtransportationservicesbusinessoftheSouthcrossCompaniesand(a)sourcing,purchasing,transportingandsellingnaturalgasandNGLs.

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“BusinessDay”meansadayexceptaSaturday,aSundayorotherdayonwhichtheSECorbanksintheCityofNewYorkareauthorizedorrequiredbyLawtobeclosed.

“Cash”means,asofaspecifieddateandwithrespecttotheHoldingsCompanies(otherthantheSXECompanies),allcash(includingpettycash)andcashequivalentsrequiredtobereflectedascashandcashequivalentsonaconsolidatedbalancesheetofsuchHoldingsCompaniesasofsuchdatecalculatedinaccordancewiththeApplicableAccountingPrinciples;providedthat“Cash”shallexclude(a)allcashandcashequivalentsthatconstitute“restrictedcash”underGAAPorthatcannototherwisebefreelyusedbysuchHoldingsCompaniesduetorestrictionsundertheLaworcontractand(b)allcashequivalentsthatcannotbereasonablyconvertedtocashinlessthan30days.

“ClaytonAct”meanstheClaytonAntitrustActof1914,asamended,andtherulesandregulationspromulgatedthereunder.

“Code”meanstheInternalRevenueCodeof1986,asamended.

“ConfidentialDisclosureLetter”meanstheConfidentialDisclosureLetterdeliveredbyHoldingsLPtoAMIDconcurrentlywiththeexecutionhereof.

“ConfidentialityAgreement”meansthatcertainConfidentialityAgreement,datedasofMarch9,2017,betweenAMIDandHoldingsLP,asitmaybeamendedfromtimetotime.

“Consideration”means(a)thesumofthepayments,depositsandissuancescontemplatedbySection2.2(a),includingtheissuanceoftheAMIDCommonUnitConsideration,theAMIDPreferredUnitConsiderationandtheAMIDOptionsand(b)theissuanceoftheAMIDGPClassDUnitConsiderationpursuanttoSection2.2(b).

“CurrentAssets”meanstheconsolidatedcurrentassetsoftheHoldingsCompanies(otherthantheSXECompanies),determinedinaccordancewiththeApplicableAccountingPrinciples;providedthatCurrentAssetsshallexcludeCash.AnillustrativecomputationofCurrentAssetsasoftheBalanceSheetDateissetforthonSchedule9.14(a).

“CurrentLiabilities”meanstheconsolidatedcurrentliabilitiesoftheHoldingsCompanies(otherthantheSXECompanies),determinedinaccordancewiththeApplicableAccountingPrinciples;provided CurrentLiabilitiesshall(i)includethecurrentportionofanypayablesrelatedtocapitalexpendituresand(ii)excludeIndebtedness,TransactionExpensesandSXETransactionExpenses.Fortheavoidanceofdoubt,CurrentLiabilitiesshallincludecurrentliabilitiesincurredbytheHoldingsCompanies(otherthantheSXECompanies)asofthedateofdeterminationevenifnotyetinvoiced.AnillustrativecomputationofCurrentLiabilitiesasoftheBalanceSheetDateissetforthonSchedule9.14(a).

“Damages”means,collectively,damages,losses,liabilities,fines,penalties,costsofrecoveryandexpenses(includingreasonableattorneys’feesandreasonablecostsofinvestigationanddefense).

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“DLLCA”meantheDelawareLimitedLiabilityCompanyAct,asamended.

“Dollars”and“$”meanthelawfulcurrencyoftheUnitedStates.

“DRULPA”meanstheDelawareRevisedUniformLimitedPartnershipAct,asamended.

“EnvironmentalLaw”meansanyLawrelatingto(a)theprotection,preservationorrestorationoftheenvironment(includingair,surfacewater,groundwater,drinkingwatersupply,surfaceland,subsurfaceland,plantandanimallifeoranyothernaturalresource),(b)theexposureto,ortheuse,manufacturing,transport,storage,recycling,treatment,generation,transportation,processing,handling,labeling,production,release,threatenedrelease,ordisposalofHazardousSubstancesormaterialscontainingHazardousSubstancesor(c)LawsrelatingtotheprotectionofpublichealthoremployeeorworkplacehealthandsafetyincludingtheOccupationalSafetyandHealthActof1970,asamended.

“EnvironmentalPermit”meansallPermitsrequiredunderEnvironmentalLaws.

“EquityInterests”meanscapitalstock,partnershipormembershipinterestsorunits(whethergeneralorlimited),andanyotherinterestorparticipationthatconfersonaPersontherighttoreceiveashareoftheprofitsand/orlossesof,ordistributionofassetsof,theissuingentity.

“EquityPrice”means(i)withrespecttoAMIDCommonUnits,$13.69perAMIDCommonUnitand(ii)withrespecttoAMIDPreferredUnits,$15.00perAMIDPreferredUnit.

“ERISA”meanstheEmployeeRetirementIncomeSecurityActof1974,asamended.

“ERISAAffiliate”means,withrespecttoanyPerson,anytradeorbusiness,whetherornotincorporated,thattogetherwithsuchPerson,wouldbedeemedatanyrelevanttimetobeasingleemployerforpurposeofSection414(b),(c),(m)or(o)oftheCode.

“EscrowAgent”meansWellsFargoBank,N.A.

“ExchangeAct”meanstheSecuritiesExchangeActof1934,asamended,andtherulesandregulationspromulgatedthereunder.

“ExistingCreditFacilities”meanstheHoldingsCreditAgreement,theSXERevolvingCreditAgreement,theSXETermLoanCreditAgreementandtheSeniorUnsecuredNotes.

“FederalTradeCommissionAct”meanstheFederalTradeCommissionActof1914,asamended,andtherulesandregulationspromulgatedthereunder.

“Financing”meansanyissuancesofequityorconvertiblesecuritiesorbondsorincurrencesofindebtednessforborrowedmoneybyanyAMIDEntityfromtimetotime,ineachcase,forthepurposeofmakingthecashpaymentsrequiredtobemadepursuanttoSection2.2andSection6.3(d)andontermsandconditionsthatsuchAMIDEntitydeterminestobecommerciallyreasonable.

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“FinancingSources”meansthePersonsthathavecommittedormaycommittoprovideorarrange,orotherwiseenteredintoContractswiththeAMIDEntitiestoprovideorarrange,anyFinancing,includingtheparties(otherthantheAMIDEntities)tothedefinitivedocumentationrelatingtoanyFinancing,togetherwiththeirrespectiveAffiliates,officers,directors,employees,agentsandrepresentatives.

“FormationDate”meansthedateonwhichSXHHoldingsisformedasaDelawarelimitedliabilitycompanyuponthefilingofacertificateofformationwiththeSecretaryofStateoftheStateofDelaware.

“Fraud”meansactualorintentionalfraudasdeterminedinaccordancewithDelawareLaw.

“FundamentalRepresentations”meanstherepresentationsandwarrantiesinSection3.1,Section3.2,Section3.3,Section3.21,Section4.1,Section4.2,Section4.3andSection4.7.

“FundingFailure”meansAMID’sinabilityorfailuretomake(orobtainfundssufficienttomake)thecashpaymentsrequiredtobemadepursuanttoSection2.2andSection6.3(d)if(a)allconditionstotheClosingsetforthinSection6.1andSection6.2havebeensatisfiedorwaivedbytheAMIDEntities(otherthanconditionsthat,bytheirnature,aretobesatisfiedattheClosing),(b)theClosinghasnotoccurredonorpriortotheOutsideDateafterthesatisfactionorwaiverbytheAMIDEntitiesofeachconditiontotheClosingsetforthinSection6.1andSection6.2(otherthanconditionsthat,bytheirnature,aretobesatisfiedattheClosing)and(c)HoldingsLPispreparedtoandisabletoconsummatetheTransactionsonthetermssetforthinthisAgreement;providedthataFundingFailureshallnotbedeemedtohaveoccurredif(x)AMIDGPoranyofitsAffiliatescommitstoprovideanyFinancing(an“AMIDGPFinancing”)andHoldingsLPoranyholdersofitsEquityInterestsoranyoftheirrespectiveAffiliates(includingtheGuarantorsbutexcludinganyHoldingsCompany)donotcommittoprovideFinancinginanamountequaltothelesserof(i)20%oftheAMIDGPFinancingand(ii)$15millionatthesametimeandonthesametermsandconditionsastheAMIDGPFinancing(the“HoldingsFinancing”)and(y)thefailureofHoldingsLPoranyholdersofitsEquityInterestsoranyoftheirrespectiveAffiliates(includingtheGuarantorsbutexcludinganyHoldingsCompany)tocommittoprovide,orprovide,HoldingsFinancingisthesolereasonforAMID’sinabilityorfailuretomakethecashpaymentsrequiredtobemadepursuanttoSection2.2andSection6.3(d).

“GAAP”meansgenerallyacceptedaccountingprinciplesintheUnitedStates.

“GeneralIndemnityEscrowFund”meanstheGeneralIndemnityEscrowUnitsdepositedwiththeEscrowAgent,asmaybeincreasedordecreasedasprovidedinthisAgreementandtheEscrowAgreement,includinganydistributionspaidinrespectthereof.

“GeneralIndemnityEscrowUnits”means1,534,000AMIDCommonUnits.

“GeneralPartnerUnit”meansa“GeneralPartnerUnit”asdefinedintheSXEPartnershipAgreement.

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“GeneralSurvivalPeriod”meansthelaterof(a)theoneyearanniversaryoftheClosingDateor(b)May31,2019.

“GovernmentalAuthority”meansanygovernment,court,regulatoryoradministrativeagency,commissionorauthorityorothergovernmentalinstrumentality,federal,stateorlocal,domestic,tribal,foreignormultinational.

“Guarantors”means,collectively,TWSouthcrossAggregatorLP,TWBBTSAggregatorLP,TWSouthcrossSidecarIILP,TWSouthcrossSidecarII(N-QP)LP,EIGBBTSHoldings,LLC,EIGEnergyXVBlocker(BBTS),LLC,EIGEnergyFundXVHoldings,LP,EIGEnergyFundXVCaymanBlocker,LP,EIGEnergyFundXV(Cayman),L.P.,EIGEnergyFundXV-B,L.P.,EIGEnergyFundXV-A,L.P.,EIGEnergyFundXV,L.P.,EIGEnergyXIVBlocker(BBTS),LLC,EIGEnergyFundXIV(Cayman),L.P.,EIGEnergyFundXIV-B,L.P.,EIGEnergyFundXIV-A,L.P.andEIGEnergyFundXIV,L.P.

“HazardousSubstance”meansanysubstance,materialorwastethatislisted,defined,designatedorclassifiedashazardous,toxic,radioactive,dangerousora“pollutant”or“contaminant”orwordsofsimilarmeaningunderanyEnvironmentalLaworareotherwiseregulatedbyanyGovernmentalAuthoritywithjurisdictionovertheenvironmentornaturalresourcesduetotheiractualorpotentialadverseeffectsuponhumanhealthortheenvironment,includingpetroleumoranyderivativeorbyproductthereof,radon,radioactivematerial,asbestosorasbestoscontainingmaterial,ureaformaldehyde,foaminsulationorpolychlorinatedbiphenyls.

“HoldingsCompany”or“HoldingsCompanies”meansanyofHoldingsLP’sSubsidiaries,orcollectively,allofHoldingsLP’sSubsidiaries,includingineachcaseSXEanditsSubsidiariesbutexcludingHoldingsLPandSouthcrossGPManagementHoldings,LLC.

“HoldingsCreditAgreement”meansthatcertain$125,000,000CreditAgreement,datedasofApril13,2016,amongSouthcrossHoldingsGuarantorLP,asParent,SouthcrossHoldingsBorrowerGPLLC,asBorrowerGeneralPartner,SouthcrossHoldingsBorrowerLP,asBorrower,theGuarantorspartythereto,theLenderspartythereto,UBSAG,StamfordBranch,asIssuingBank,andUBSAG,StamfordBranch,asAdministrativeAgentandCollateralAgent,andrelatedSecurityAgreementdatedasofApril13,2016madebySouthcrossHoldingsBorrower,LP,SouthcrossHoldingsBorrowerGPLLC,SouthcrossHoldingsGuarantorLPinfavorofUBSAG,StamfordBranch,andsuchotherrelatedagreementsandcertificates,allasmaybeamendedfromtimetotime.

“HoldingsDirectorApproval”meansapprovalofamajorityofallDirectors(asdefinedintheHoldingsGPAgreement)entitledtovoteandtheapprovalofatleastoneDirector(asdefinedintheHoldingsGPAgreement)designatedbyeachDesignatingParty(asdefinedintheHoldingsGPAgreement).

“HoldingsGPAgreement”meanstheThirdAmendedandRestatedLimitedLiabilityCompanyAgreementofSouthcrossHoldingsGP,LLC,datedasofApril13,2016,asamendedorsupplementedfromtimetotime.

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“HoldingsLPAgreement”meanstheThirdAmendedandRestatedAgreementofLimitedPartnershipofHoldingsLP,datedasofApril13,2016,asamendedorsupplementedfromtimetotime.

“HSRAct”meanstheHart-Scott-RodinoAntitrustImprovementsActof1976,asamended,andtherulesandregulationspromulgatedthereunder.

“Indebtedness”means,withrespecttoeachSouthcrossCompanyasofanydateofdetermination,withoutduplication:(a)allobligationsofanySouthcrossCompanyforborrowedmoneyorinrespectofloansoradvances;(b)allobligationsofanySouthcrossCompanyevidencedbybonds,debentures,notesorothersimilarinstrumentsordebtsecurities;(c)allamountsdrawnonlettersofcreditforwhichanySouthcrossCompanyhasareimbursementobligation;(d)allobligationswithrespecttointerest-ratehedging,futures,options,swaps,derivativecontractsorsimilarfinancialarrangements(valuedattheterminationvaluethereofandnetofallpaymentsowedtoanySouthcrossCompanyoreachoftheirAffiliatesthereunder);(e)allobligationsundercapitalizedleaseswithrespecttowhichanyoftheSouthcrossCompaniesisliable;(f)allobligationsofanySouthcrossCompanytopaythedeferredpurchasepriceofgoodsandservices,includinganyearnoutliabilitiesassociatedwithpastacquisitions;(g)allliabilitieswithrespecttoanycurrentorformeremployee,officerordirectoroftheSouthcrossCompaniesthatarisebeforeorontheClosingDate,includingallliabilitieswithrespecttoanySouthcrossBenefitPlan,allaccruedsalary,deferredcompensationandvacationobligations,allworkers’compensationclaims,anyliabilityinrespectofaccruedbutunpaidbonusesforthepriorfiscalyearandfortheperiodcommencingonthefirstdayoffiscalyearandendingontheClosingDate,andanyemploymentTaxespayablebytheSouthcrossCompanieswithrespecttotheforegoing;(h)unpaidmanagementfees;(i)alldepositsandmoniesreceivedinadvance;(j)allindebtednesscreatedorarisingunderanyconditionalsaleorothertitleretentionagreementwithrespecttopropertyacquiredbytheSouthcrossCompanies;(k)allguarantiesofanySouthcrossCompanyinconnectionwithanyoftheforegoing;and(l)allfees,accruedandunpaidinterest,premiumsorpenaltiesrelatedtoanyoftheforegoing.Forpurposesofclarity,“Indebtedness”doesnotinclude(x)IndebtednessarisingoutoforrelatedtotheSXECreditFacilities,theInvestmentAgreementorBackstopLetter,(y)anyTransactionExpensesorSXETransactionExpensesor(z)CurrentLiabilities.

“IndemnityEscrowFund”meanstheGeneralIndemnityEscrowFundandtheSpecialIndemnityEscrowFund.

“IndemnityEscrowUnits”meanstheGeneralIndemnityEscrowUnitsandSpecialIndemnityEscrowUnits.

“IntercreditorAgreement”meansthatcertainIntercreditorAgreementdatedasofAugust4,2014,amongSouthcrossEnergyPartners,L.P.,asBorrower,andeachoftheotherguarantorspartythereto,WellsFargoBank,N.A.,asRevolvingFacilityAdministrativeAgentandWellsFargoBank,N.A.asTermFacilityAdministrativeAgent,andrelatedagreementsandcertificates,allasmaybeamendedfromtimetotime.

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“InvestmentAgreement”meansthatcertainInvestmentAgreement,datedDecember29,2016,byandbetweenSXE,HoldingsLPandWellsFargoBank,N.A.,asmaybeamendedfromtimetotime.

“JointVentureEntities”meansT2EagleFordGatheringCompanyLLC,T2LaSalleGatheringCompanyLLCandT2EFCogenerationHoldingsLLCandtheirSubsidiaries.

“Knowledge”(a)whenusedwithrespecttoHoldingsLP,meanstheactualknowledgeofthoseindividualslistedonSchedule9.14(b)(i)and(b)whenusedwithrespecttoAMID,meanstheactualknowledgeofthoseindividualslistedonSchedule9.14(b)(ii).

“Law”meansanyapplicablestatute,law,rule,regulationofaGovernmentalAuthority,ineachcaseasineffectonandasinterpretedonthedateofthisAgreementoronandasoftheClosingDate,asapplicable,unlessthecontextotherwiseclearlyrequiresadifferentdate,inwhichcaseonandasofsuchdate.

“LegalProceeding”meansanyjudicial,administrativeorarbitralaction,suit,claim,inquiry,hearing,investigationbyorbeforeanyGovernmentalAuthority.

“Liens”meansallliens,pledges,charges,mortgages,encumbrances,options,rightsoffirstrefusalorotherpreferentialpurchaserights,adverserightsorclaimsandsecurityinterestsofanykindornaturewhatsoever(includinganyrestrictionontherighttovoteortransferthesame),exceptforsuchtransferrestrictionsofgeneralapplicabilityasmaybeprovidedundertheSecuritiesActandthe“bluesky”lawsofthevariousStatesoftheUnitedStates.

“MultiemployerPlan”meansamultiemployerplanasdefinedinSection4001(a)(3)ofERISA.

“NetWorkingCapital”meansCurrentAssetsminusCurrentLiabilities.

“NetWorkingCapitalAdjustmentAmount”meansanamountequalto$0,and(i)increasedbytheamount,ifany,thattheEstimatedNetWorkingCapitalexceedstheNetWorkingCapitalThreshold,or(ii)decreasedbytheamount,ifany,thattheNetWorkingCapitalThresholdexceedstheEstimatedNetWorkingCapital.

“NetWorkingCapitalThreshold”means$0.

“OrdinaryCourseofBusiness”shalldescribeanyactiontakenbyaPersonif:(i)suchactionisconsistentinmannerandamountwiththepastpracticesofsuchPersonandistakenintheordinarycourseofthenormalday-to-dayoperationsofsuchPerson;and(ii)suchactionissimilarinnatureandmagnitudetoactionscustomarilytakenintheordinarycourseofthenormalday-to-dayoperationsofotherPersonsthatareinthesamelineofbusinessassuchPerson.

“OrganizationalDocuments”means(a)withrespecttoanyPersonthatisacorporation,itsarticlesorcertificateofincorporationormemorandumandarticlesofassociation,asthecasemaybe,andbylaws(oranycomparableorganizationaldocumentsintheapplicablejurisdictionofformation),(b)withrespecttoanyPersonthatisapartnership,itscertificateofpartnershipandpartnershipagreement(oranycomparableorganizationaldocumentsintheapplicable

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jurisdictionofformation),(c)withrespecttoanyPersonthatisalimitedliabilitycompany,itscertificateofformationandlimitedliabilitycompanyoroperatingagreement(oranycomparableorganizationaldocumentsintheapplicablejurisdictionofformation),(d)withrespecttoanyPersonthatisatrustorotherentity,itsdeclarationoragreementortrustorotherconstituentdocumentand(e)withrespecttoanyotherPerson,itscomparableorganizationaldocuments.

“PayoffIndebtedness”meansanyIndebtednessdescribedonSchedule9.14(c),ofwhichtheestimatedamountsasofthedatehereofandthelendersthereofaresetforthonSchedule9.14(c).

“Permit”meanspermits,licenses,approvals,variances,exemptions,orders,registrations,notices,waivers,franchisesandcertificatesorotherauthorizationsofanyGovernmentalAuthority.

“PermittedLiens”means(a)statutoryLiensforTaxesnotyetdueandpayableortheamountorvalidityofwhichisbeingcontestedingoodfaithbyappropriateproceedings,(b)mechanic’s,carriers’,workers’,repairers’andsimilarstatutoryLiensarisingorincurredintheOrdinaryCourseofBusiness,(c)zoning,entitlement,buildingandotherlanduseregulationsimposedbyGovernmentalAuthoritieshavingjurisdictionoverrealpropertyandnotviolatedbythecurrentuseandoperationoftherealproperty,andanyotherrightsreservedtoorvestedinanyGovernmentalAuthoritytocontrolorregulaterealproperty,which,individuallyorintheaggregate,donotmateriallyimpairorinterferewiththecontinueduseandoperationsoftheassetstowhichtheyrelateintheconductoftheBusinessascurrentlyconductedorthepresentuseoroccupancyoftheRealPropertyorLeasedRealProperty,ormateriallydetractfromthevalueoftheRealPropertyorLeasedRealProperty,(d)covenants,conditions,restrictions,easementsandothersimilarmattersofrecordaffectingtheuseofortitletotheRealPropertyorLeasedRealPropertyorthatwouldbedisclosedbyaninspectionoraccuratesurveyofanyparcelofRealPropertyorLeasedRealProperty,onlytotheextentthereisnoviolationthereof(e)purchasemoneyliensandlienssecuringrentalpaymentsundercapitalleasearrangements,or(f)Liensandotherrightsreservedbyorinfavorof(i)anylandlordunderaleaseofLeasedRealPropertyor(ii)anygrantorundertheinstrumentcreatingorvestingtitleinandtoanyRealPropertyorLeasedRealProperty,(g)otherLiensarisingintheOrdinaryCourseofBusinessandnotincurredinconnectionwiththeborrowingofmoney,and(h)thosemattersidentifiedonSchedule9.14(d).

“Person”meansanindividual,acorporation,alimitedliabilitycompany,apartnership,anassociation,atrustoranyotherentity,includingaGovernmentalAuthority.

“Pre-ClosingTaxPeriod”meansanytaxableperiodoranyportionofaStraddlePeriodendingonorbeforetheClosingDate.”

“Pre-ClosingTaxes”means(i)allTaxesofSXHHoldingsanditsSubsidiariesforanyPre-ClosingTaxPeriod,and(ii)anyliabilityforthepaymentofTaxesasaresultofbeingamemberofanaffiliated,consolidated,combinedorunitarygroupofwhichSXHHoldingsoranyofitsSubsidiariesorisorwasamemberonorpriortotheClosingDatebyreasonofTreasuryRegulationsSection1.1502-6(a)oranysimilarforeign,stateorlocallaw;provided thatinthecaseofTaxesdescribedin(i)thatarepayablewithrespecttoaStraddlePeriod,theportionof

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anysuchTaxthatisallocabletothePre-ClosingTaxPeriodshallbedeemedequalto(a)inthecaseofrealorpersonalpropertyTaxesorothersimilarTaxesimposedonanadvalorembasis,theamountofsuchTaxesfortheentireStraddlePeriod,multipliedbyafractionthenumeratorofwhichisthenumberofdaysintheStraddlePeriodendingontheClosingDateandthedenominatorofwhichisthetotalnumberofdaysintheStraddlePeriod,(b)inthecaseofanyTaxbaseduponormeasuredbycapital(includingnetworthorlong-termdebt)orintangibles,aproportionateamountofsuchTaxescomputedbyreferencetothelevelofsuchitemsontheClosingDateandthetimingoftheClosingDateinrelationtotherelevantStraddlePeriod,and(c)inthecaseofanyotherTaxes,theamountofTaxesthatwouldbepayablebasedonaninterimclosingofthebooks,asoftheendofthedayontheClosingDate;provided that,exemptions,allowancesordeductionsthatarecalculatedonanannualbasis(suchasdepreciation)shallbeapportionedonaproratabasis.

“Post-ClosingTaxPeriod”meansanytaxableperiodoranyportionofaStraddlePeriodbeginningaftertheClosingDate.

“RelatedParty”means,withrespecttoanyspecifiedPerson(a)anyAffiliateofsuchspecifiedPerson,andanydirector,officer,generalpartnerormanagingmemberofsuchAffiliateand(b)anyPersonwhoservesorwithinthepasttwoyearshasservedasadirector,officer,partnerormanagingmemberof,orinasimilarcapacityfor,suchspecifiedPerson.

“Representatives”meansaPerson’sanditsAffiliates,directors,officers,employees,agentsoradvisors(including,withoutlimitation,attorneys,accountants,consultants,bankers,financialadvisorsandanyrepresentativesofthoseadvisors).

“ReverseTerminationFee”means$17,000,000.

“SarbanesOxleyAct”meansandtheSarbanes-OxleyActof2002,asamended,andtherulesandregulationspromulgatedthereunder.

“SEC”meanstheSecuritiesandExchangeCommission.

“SecuritiesAct”meanstheSecuritiesActof1933,asamended,andtherulesandregulationspromulgatedthereunder.

“SeniorUnsecuredNotes”meansthosenoteslistedonSchedule9.14(e).

“ShermanAct”meanstheShermanAntitrustActof1890,asamended,andtherulesandregulationspromulgatedthereunder.

“SouthcrossBenefitPlans”means(a)all“employeebenefitplans”(withinthemeaningofSection3(3)oftheEmployeeRetirementIncomeSecurityActof1974,asamended(“ERISA”)),whetherornotsubjecttoERISAand(b)allothercompensationorbenefitplans,programs,policies,agreementsorotherarrangements,whetherornotsubjecttoERISA,including,cashorequityorequity-based,employment,retention,changeofcontrol,welfare,health,medical,dental,cafeteria,flexiblespending,pre-taxpremium,dependentcare,disability,accident,lifeinsurance,vacation,severance,retirement,pension,savings,deferredcompensation,ortermination,ineachcaseofclauses(a)and(b),(i)thataresponsored,

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maintained,contributedtoorrequiredtobecontributedtobyanyHoldingsCompanyoranyERISAAffiliatethereofor(ii)withrespecttowhichanyHoldingsCompanyoranyERISAAffiliatethereofhasorcouldhaveanyliability(whetheractual,contingentorotherwise).

“SouthcrossCompany”or“SouthcrossCompanies”meansanyofHoldingsLPanditsdirectorindirectSubsidiaries,orcollectively,allofHoldingsLPanditsdirectandindirectSubsidiaries,including,followingtheFormationDate,SXHHoldings,ineachcaseincludingSXEanditsSubsidiaries.

“SouthcrossDisclosureSchedule”meanstheDisclosureSchedulesfurnishedtoAMIDbyHoldingsLPpriortotheexecutionanddeliveryofthisAgreement.

“SouthcrossMaterialAdverseEffect”means,anychange,circumstance,development,eventoroccurrencethat,individuallyorintheaggregate,(x)hashadorwouldreasonablyexpectedtohaveamaterialadverseeffectonthebusiness,condition(financialorotherwise)orresultsofoperationsoftheHoldingsCompanies,takenasawhole,or(y)preventsormateriallyimpedes,interfereswithorhinderstheconsummationoftheTransactions,byHoldingsLPonorbeforetheOutsideDate;provided, however ,withrespecttoclause(a)only,thatanyadversechanges,circumstances,developments,eventsoroccurrencesresultingfromorduetoanyofthefollowingshallbedisregardedindeterminingwhethertherehasbeenaSouthcrossMaterialAdverseEffect:(i)changes,effects,eventsoroccurrencesgenerallyaffectingtheUnitedStatesorglobaleconomy,thefinancial,credit,debt,securitiesorothercapitalmarketsorpolitical,legislativeorregulatoryconditionsorchangesintheindustriesinwhichtheSouthcrossCompaniesoperate;(ii)theannouncementorpendencyofthisAgreementortheTransactionsorSXEMergerTransactions;(iii)anychangeinthemarketpriceortradingvolumeoftheEquityInterestsoftheSouthcrossCompanies(itbeingunderstoodandagreedthattheforegoingshallnotprecludeanyotherpartytothisAgreementfromassertingthatanyfactsoroccurrencesgivingrisetoorcontributingtosuchchangethatarenototherwiseexcludedfromthedefinitionofSouthcrossMaterialAdverseEffectshouldbedeemedtoconstitute,orbetakenintoaccountindeterminingwhethertherehasbeen,orwouldreasonablybeexpectedtobe,aSouthcrossMaterialAdverseEffect);(iv)actsofwarorterrorism(ortheescalationoftheforegoing)ornaturaldisastersorotherforcemajeureevents;(v)changesinanyLawsapplicabletosuchPersonorapplicableaccountingregulationsorprinciplesortheofficialinterpretationthereofthatmateriallyaffectsthisAgreementorthetransactionscontemplatedhereby;(vi)changes,effects,eventsoroccurrencesgenerallyaffectingthepricesofoil,naturalgas,naturalgasliquidsorcoalorothercommodities;and(vii)anyfailureoftheSouthcrossCompaniestomeetanyinternalorexternalprojections,forecastsorestimatesofrevenues,earningsorotherfinancialoroperatingmetricsforanyperiod(itbeingunderstoodandagreedthattheforegoingshallnotprecludeanyotherpartytothisAgreementfromassertingthatanyfactsoroccurrencesgivingrisetoorcontributingtosuchfailurethatarenototherwiseexcludedfromthedefinitionofSouthcrossMaterialAdverseEffectshouldbedeemedtoconstitute,orbetakenintoaccountindeterminingwhethertherehasbeen,orwouldreasonablybeexpectedtobe,aSouthcrossMaterialAdverseEffect);provided, however ,thatchanges,effects,eventsoroccurrencesreferredtoinclauses(i),(iv),(v)and(vi)aboveshallbeconsideredforpurposesofdeterminingwhethertherehasbeenorwouldreasonablybeexpectedtobeaSouthcrossMaterialAdverseEffectifandtotheextentsuchchanges,effects,eventsoroccurrenceshavehadorwouldreasonablybeexpectedtohaveadisproportionateadverseeffectontheHoldingsCompanies,takenasawhole,ascomparedtoothercompaniesoperatingintheindustriesinwhichsuchHoldingsCompaniesoperate.

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“SpecialIndemnityDamages”meansallDamagessufferedorincurredbyanyoftheAMIDIndemnifiedPersons,totheextentarisingoutoforresultingfromtheSpecialIndemnityMatters.

“SpecialIndemnityEscrowFund”meanstheSpecialIndemnityEscrowUnitsdepositedwiththeEscrowAgent,asmaybeincreasedordecreasedasprovidedinthisAgreementandtheEscrowAgreement,includinganydistributionspaidinrespectthereof.

“SpecialIndemnityEscrowUnits”means292,000AMIDCommonUnits.

“SpecialIndemnityMatters”shallhavethemeaningsetforthonSchedule9.14(f).

“StraddlePeriod”meansanyTaxperiodthatbeginsonorbeforetheClosingDateandendsaftertheClosingDate.

“Subsidiary”whenusedwithrespecttoanyPerson,meansanycorporation,limitedliabilitycompany,partnership,association,trustorotherentitytheaccountsofwhichwouldbeconsolidatedwiththoseofsuchPersoninsuchPerson’sconsolidatedfinancialstatementsifsuchfinancialstatementswerepreparedinaccordancewithGAAP,aswellasanyothercorporation,limitedliabilitycompany,partnership,association,trustorotherentityofwhichsecuritiesorotherownershipinterestsrepresenting50%ormoreoftheequityor50%moreoftheordinaryvotingpower(or,inthecaseofapartnership,50%ormoreofthegeneralpartnershipinterestsor,inthecaseofalimitedliabilitycompany,themember)are,asofsuchdate,ownedbysuchpartyoroneormoreSubsidiariesofsuchpartyorbysuchpartyandoneormoreSubsidiariesofsuchPerson;provided that ,forallTaxpurposes,includingbutnotlimitedtoSection3.10,Section5.1(a)(ix),Section5.8andthedefinitionofPre-ClosingTaxes,“Subsidiary”withrespecttoSXHHoldingsshallincludeT2LaSalleGatheringCompanyLLC.

“SXEAlternativeProposal”hasthemeaningascribedtoitintheSXEMergerAgreement.

“SXEClassBConvertibleUnit”meansa“ClassBConvertibleUnit”asdefinedintheSXEPartnershipAgreement.

“SXECommonUnit”meansa“CommonUnit”asdefinedintheSXEPartnershipAgreement.

“SXECompany”or“SXECompanies”meansanyofSXEoritsSubsidiaries,orcollectivelySXEanditsSubsidiaries.

“SXECreditFacilities”means(a)theSXERevolvingCreditAgreementand(b)theSXETermLoanCreditAgreement.

“SXEEquityPlans”meansanyplansorarrangementsofSXEprovidingforthecompensatorygrantofawardsofSXECommonUnitsorawardsdenominated,inwholeorinpart,inSXECommonUnits,oroptionsorunitappreciationrightsorsimilarawardsrelatingtoSXECommonUnits,includingtheSXELTIP.

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“SXEGeneralPartnerInterest”meansthe“GeneralPartnerInterest”asdefinedintheSXEPartnershipAgreement.

“SXEGeneralPartnerUnit”meansa“GeneralPartnerUnit”asdefinedintheSXEPartnershipAgreement.

“SXEGPLLCAgreement”meanstheSecondAmendedandRestatedAgreementofLimitedLiabilityCompanyAgreementofSouthcrossEnergyPartners,GP,LLC,asamendedorsupplementedfromtimetotime.

“SXEIncentiveDistributionRights”means“IncentiveDistributionRights”asdefinedintheSXEPartnershipAgreement.

“SXELimitedPartnerInterest”means“LimitedPartnerInterest”asdefinedintheSXEPartnershipAgreement.

“SXELTIP”meanstheSouthcrossEnergyPartners,L.P.AmendedandRestated2012LongTermIncentivePlan,asmaybeamendedfromtimetotime.

“SXELTIPUnit”meansanawardofPhantomUnitsgrantedundertheSXELTIP.

“SXEMergerTransactions”meanstheSXEMergerandtheothertransactionscontemplatedbytheSXEMergerAgreement.

“SXEPartnershipAgreement”meanstheThirdAmendedandRestatedAgreementofLimitedPartnershipofSouthcrossEnergyPartners,L.P.,asamendedorsupplementedfromtimetotime.

“SXEPartnershipInterest”meansapartnershipinterestinSXE,whichshallincludetheSXEGeneralPartnershipInterestandSXELimitedPartnerInterests.

“SXERevolvingCreditAgreement”meansthatcertainThirdAmendedandRestatedRevolvingCreditAgreement,datedasofAugust4,2014,byandamongSouthcrossEnergyPartners,L.P.,WellsFargoBank,N.A.,asAdministrativeAgent,UBSSecuritiesLLCandBarclaysBankPLC,asCo-SyndicationAgents,JPMorganChaseBank,N.A.,asDocumentationAgent,andthelenderspartythereto,andrelatedFirstAmendmenttoThirdAmendedandRestatedRevolvingCreditAgreement,byandamongtheSouthcrossEnergyPartners,L.P.,asborrower,WellsFargoBank,N.A.,asAdministrativeAgent,andthelendersandotherpartiesthereto,datedasofMay7,2015,LimitedWaiverandSecondAmendmenttoThirdAmendedandRestatedRevolvingCreditAgreement,byandamongSouthcrossEnergyPartners,L.P.,asborrower,WellsFargoBank,N.A.,asAdministrativeAgent,andthelendersandotherpartiesthereto,datedasofAugust4,2016,WaiverandThirdAmendmenttoThirdAmendedandRestatedRevolvingCreditAgreement,byandamongSouthcrossEnergyPartners,L.P.,asborrower,WellsFargoBank,N.A.,asAdministrativeAgent,andthelendersandotherpartiesthereto,datedasofNovember8,2016,WaiverandFourthAmendmenttoThirdAmendedand

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RestatedRevolvingCreditAgreement,byandamongSouthcrossEnergyPartners,L.P.,asborrower,WellsFargoBank,N.A.,asAdministrativeAgent,andthelendersandotherpartiesthereto,datedasofDecember9,2016,WaiverandFifthAmendmenttoThirdAmendedandRestatedRevolvingCreditAgreement,byandamongSouthcrossEnergyPartners,L.P.,asborrower,WellsFargoBank,N.A.,asAdministrativeAgent,andthelendersandotherpartiesthereto,datedasofDecember29,2016andsuchotherrelatedagreementsandcertificates(includingtheIntercreditorAgreement),allasmaybeamendedfromtimetotime.

“SXESubordinatedUnit”meansa“SubordinatedUnit”asdefinedintheSXEPartnershipAgreement.

“SXETermLoanCreditAgreement”meansthatcertainTermLoanCreditAgreement,datedasofAugust4,2014,byandamongSouthcrossEnergyPartners,L.P.,WilmingtonTrust,NationalAssociation(successortoWellsFargoBank,N.A.),asAdministrativeAgent,UBSSecuritiesLLCandBarclaysBankPLC,asCo-SyndicationAgents,andthelenderspartythereto,andrelatedSuccessorAgentAgreementdatedasofMarch3,2016byandamongWilmingtonTrust,N.A.,WellsFargoBank,N.A.andSouthcrossEnergyPartners,L.P.andsuchotherrelatedagreementsandcertificates(includingtheIntercreditorAgreement),allasmaybeamendedfromtimetotime.

“SXETransactionExpenses”meansallfeesandexpensesincurredbyoronbehalfoftheSXECompanies,orpaidortobepaiddirectlybyanyPersonthatanySXECompanypaysorreimbursesorisotherwiselegallyobligatedtopayorreimbursewithrespecttosuchfeesorexpenses,inconnectionwiththenegotiation,preparationorexecutionofthisAgreementortheperformanceorconsummationoftheTransactionsandtheSXEMergerTransactions,including(a)allfeesandexpensesofcounsel,advisors,consultantsinvestmentbankers,accountants,auditorsandotherexpertsinconnectionwiththeTransactionsandtheSXEMergerTransactions;(b)anyfeesandexpensesassociatedwithobtainingnecessaryorappropriatewaivers,consents,orapprovalsofanyGovernmentalAuthorityorthirdpartiesonbehalfoftheSXECompaniesinconnectionwiththeTransactionsandtheSXEMergerTransactions;(c)allbrokers’,finders’orsimilarfeesinconnectionwiththeTransactionsandtheSXEMergerTransactions,includinganysuchfeesthathavebeenallocatedtotheSXECompaniesonSchedule9.14(g);(d)allchangeofcontrolpayments,bonusesorretentionobligationsorsimilaramountspayableinthefutureorduebyHoldingsLP,HoldingsGPoranyofsuchHoldingsCompanies,andallocatedtotheSXECompaniesonSchedule9.14(g),inconnectionwiththewiththeTransactionsandtheSXEMergerTransactions,includinganyTaxespayableinconnectiontherewith;(e)allseveranceorterminationpaymentsorsimilaramountspayablebyanySouthcrossCompany(includingtheSXECompanies)inthefutureordue(otherthantoBruceWilliamson)inconnectionwiththeTransactionsandtheSXEMergerTransactions,includinganyTaxespayableinconnectiontherewithand(f)allfeesandexpensesthatareallocatedtotheSXECompaniesonSchedule9.14(g);provided, however, anysuchfeesandexpensesthatareallocatedtotheHoldingsCompanies(otherthantheSXECompanies)onSchedule9.14(g),shallnotbeSXETransactionExpenses,butshallbeTransactionExpenses.TheallocationofsuchfeesandexpensesbetweenHoldingsLP,HoldingsGPandsuchHoldingsCompanies(otherthantheSXECompanies),ontheonehand,andtheSXECompanies,ontheotherhand,shallbeassetforthonSchedule9.14(g).

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“Tax”or“Taxes”meansanyandallfederal,state,localorforeignorprovincialtaxes,charges,imposts,leviesorotherassessments,includingallnetincome,grossreceipts,capital,sales,use,advalorem,valueadded,transfer,franchise,margin,profits,netproceeds,alternativeoradd-onminimum,inventory,goodsandservices,capitalstock,license,registration,leasing,user,withholding,payroll,employment,socialsecurity,unemployment,disability,excise,severance,stamp,occupation,property,unclaimedproperty,fuel,excessprofits,premium,windfallprofit,deficiencyandestimatedtaxes,customsduties,fees,assessmentsandsimilarcharges,includinganyandallinterest,penalties,fines,additionstotaxoradditionalamountsimposedbyanyGovernmentalAuthorityinconnectionwithrespectthereto.

“TaxReturn”meansanyreturn,reportorsimilarfiling(includinganyattachedschedules,supplementsandadditionalorsupportingmaterial)filedorrequiredtobefiledwithrespecttoTaxes,includinganyinformationreturn,claimforrefund,amendedreturnordeclarationofestimatedTaxes(andincludinganyamendmentswithrespectthereto).

“TBOC”meanstheTexasBusinessOrganizationsCode,asamended.

“TransactionDocuments”meanstheEscrowAgreement,theAMIDPartnershipAgreementAmendment,theAMIDGPAgreementAmendment,theContributedCompaniesAssignmentInstrument,theSXHHoldingsAssignmentInstrument,theLock-UpAgreement,theAMIDOptionAgreement,theGPSideAgreement,theGuarantee,thecertificatesdescribedinSection6.5(d)andSection6.6(b),theSouthcrossDisclosureSchedules,theAMIDDisclosureSchedules,theConfidentialDisclosureLetterandallotherdocumentscontemplatedbythisAgreementandrequiredtobeexecutedanddeliveredbythepartiesatClosing.TheSXEMergerAgreementandthedocumentsdeliveredpursuanttheretoarenotTransactionDocuments.

“TransactionExpenses”meansallfeesandexpensesincurredbyoronbehalfofHoldingsLP,HoldingsGPandtheHoldingsCompanies(otherthantheSXECompanies),orpaidortobepaiddirectlybyanyPersonthatHoldingsLP,HoldingsGPoranyofsuchHoldingsCompanies(otherthantheSXECompanies,exceptasprovidedinclause(e))paysorreimbursesorisotherwiselegallyobligatedtopayorreimbursewithrespecttosuchfeesorexpenses,inconnectionwiththenegotiation,preparationorexecutionofthisAgreementortheperformanceorconsummationoftheTransactionsandtheSXEMergerTransactions,including(a)allfeesandexpensesofcounsel,advisors,consultantsinvestmentbankers,accountants,auditorsandotherexpertsinconnectionwiththeTransactionsandtheSXEMergerTransactions;(b)anyfeesandexpensesassociatedwithobtainingnecessaryorappropriatewaivers,consents,orapprovalsofanyGovernmentalAuthorityorthirdpartiesonbehalfofHoldingsLP,HoldingsGPoranyofsuchHoldingsCompanies(otherthantheSXECompanies)inconnectionwiththeTransactionsandtheSXEMergerTransactions;(c)allbrokers’,finders’orsimilarfeesinconnectionwiththeTransactionsandtheSXEMergerTransactions;(d)allchangeofcontrolpayments,bonusesorretentionobligationsorsimilaramountspayableinthefutureorduebyHoldingsLP,HoldingsGPoranyofsuchHoldingsCompaniesinconnectionwiththewiththeTransactionsandtheSXEMergerTransactions,includinganyTaxespayableinconnectiontherewith;(e)allseveranceorterminationpaymentsorsimilaramountspayablebyanySouthcrossCompany(includingtheSXECompanies)inthefutureorduetoBruceWilliamsoninconnectionwiththeTransactionsandtheSXEMergerTransactions,includinganyTaxespayableinconnectiontherewithand(f)allfeesandexpensesthatareallocatedtotheHoldingsCompanies(otherthan

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theSXECompanies)onSchedule9.14(g);provided, however, anysuchfeesandexpensesthatareallocatedtotheSXECompaniesonSchedule9.14(g),shallnotbeTransactionExpenses,butshallbeSXETransactionExpenses.TheallocationofsuchfeesandexpensesbetweenHoldingsLP,HoldingsGPandsuchHoldingsCompanies(otherthantheSXECompanies),ontheonehand,andtheSXECompanies,ontheotherhand,shallbeassetforthonSchedule9.14(g).

“Transactions”meansthetransactionscontemplatedbythisAgreement,theTransactionDocumentsandanyschedule,certificateorotherdocumentdeliveredpursuantheretoorthereto,butexcludingtheSXEMergerTransactions.

“WillfulBreach”means(a)withrespecttoanybreachesorfailurestoperformanyoftherepresentations,warranties,covenantsorotheragreementscontainedinthisAgreement,amaterialbreachthatisaconsequenceofadeliberateactorintentionalomissionundertakenbythebreachingpartyregardlessofwhetherbreachingthisAgreementwastheconsciousobjectoftheactoromissionand(b)thefailurebyanypartytoconsummatetheTransactionsafteralloftheconditionssetforthinArticleVIhavebeensatisfiedorwaived(bythepartyentitledtowaiveanysuchapplicableconditions);provided, however ,that(x)thefailurebytheAMIDEntitiestosoconsummatetheTransactionsasaresultofaFundingFailureand(y)thefailureofHoldingsLPoranyholdersofitsEquityInterestsoranyoftheirrespectiveAffiliates(includingtheGuarantorsbutexcludinganyHoldingsCompany)tocommittoprovideHoldingsFinancing,shallnotconstituteaWillfulBreachhereunder.

[signaturepagesfollow]

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INWITNESSWHEREOF,thepartiesheretohavecausedthisAgreementtobedulyexecutedanddeliveredasofthedatefirstabovewritten.

HOLDINGSLP:

SOUTHCROSSHOLDINGSLP

By: SOUTHCROSSHOLDINGSGP,LLC,itsgeneralpartner



[Signaturescontinuedonnextpage.]

[Signature Page to Contribution Agreement]

AMID:


By: AMERICANMIDSTREAMGP,LLC,itsgeneralpartner

By: /s/LynnL.BourdonIIIName: LynnL.BourdonIIITitle: PresidentandChiefFinancialOfficer

AMIDGP:



[Signature Page to Contribution Agreement]

ExhibitA

FormofContributedCompaniesAssignmentInstrument

EXHIBIT A

FORM OF CONTRIBUTED COMPANIES ASSIGNMENT INSTRUMENT

ThisCONTRIBUTED COMPANIES ASSIGNMENT INSTRUMENT (this“Agreement”),datedasof[•],2018ismadeandenteredintobyandbetweenSouthcrossHoldingsLP,aDelawarelimitedpartnership(“Assignor”),and[SXHHoldings],aDelawarelimitedliabilitycompany(“Assignee”)andawhollyownedsubsidiaryofHoldingsLP.

RECITALS

A.Assignoris(a)amemberandownerof(i)100%oftheEquityInterestsofSouthcrossHoldingsIntermediaryLLC,aDelawarelimitedliabilitycompany(“HoldingsIntermediary”)and(ii)99%oftheEquityInterestsofSouthcrossHoldingsGuarantorGPLLC,aDelawarelimitedliabilitycompany(“HoldingsGuarantorGP”),and(b)limitedpartnerof99.8%oftheEquityInterestsinSouthcrossHoldingsGuarantorLP,aDelawarelimitedpartnership(“HoldingsGuarantorLP”andtogetherwithHoldingsIntermediaryandHoldingsGuarantorGP,the“ContributedCompanies”).

B.AsofthedatehereofandimmediatelypriortotheClosing,Assignordesirestotransferandassign,andtheAssigneedesirestoassumeandaccept,theEquityInterestsoftheContributedCompaniesasiscontemplatedintheContributionAgreement,datedasofOctober31,2017(the“ContributionAgreement”),amongtheAssignor,AmericanMidstreamPartners,LP,aDelawarelimitedpartnership(“AMID”),andAmericanMidstreamGP,LLC,alimitedliabilitycompanyandthegeneralpartnerofAMID.CapitalizedtermsusedbutnotdefinedhereinshallhavetherespectivemeaningsascribedtosuchtermsintheContributionAgreement.

AGREEMENT

Inconsiderationoftheforegoingandforothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,thepartiesheretoagreeasfollows:

1.Assignorherebycontributes,assigns,transfersandconveystoAssigneetheissuedandoutstandingEquityInterestsineachoftheContributedCompanies,andAssigneeherebyacceptssuchassignmentandassumesallobligationsofAssignorwithrespecttotheEquityInterestsineachoftheContributedCompanies.AssigneeisherebyadmittedasamemberofeachofHoldingsIntermediaryandHoldingsGuarantorGPandlimitedpartnerofHoldingsGuarantorLP,withallrights,dutiesandobligationsformerlyheldbyAssignorbyvirtueoftheEquityInterestsofeachoftheContributedCompanies.

2.ThisAgreementshallbebindinguponandinuretothebenefitofthepartiesheretoandtheirrespectivesuccessorsandassigns.

3.ThisAgreement,isdeliveredpursuantto,andisherebymadesubjectto,thetermsandconditionsoftheContributionAgreement.NothinginthisAssignmentshallinanywaylimitorexpandanyrightsorremediesofanypartytotheContributionAgreementundertheContributionAgreementoranyoftherepresentations,warranties,covenantsoragreementsmadetherein.IntheeventofaconflictorinconsistencybetweenthetermsofthisAgreementandthetermsoftheContributionAgreement,thetermsoftheContributionAgreementshallcontrol.

1

4.ThisAgreementandalldisputesorcontroversiesarisingoutoforrelatingtothisAgreementshallbegovernedby,andconstruedinaccordancewith,thelawsoftheStateofDelaware,applicabletocontractsexecutedinandtobeperformedentirelywithinthatStatewithoutgivingeffecttothechoiceoflawprinciplesofsuchstatethatwouldrequireorpermittheapplicationoftheLawsofanotherjurisdiction.VenuewillbegovernedbytheapplicableprovisionsoftheContributionAgreement.

5.IfanytermorotherprovisionofthisAgreementisdeterminedbyacourtofcompetentjurisdictionorbyfuturelegislativeactiontobeinvalid,illegalorincapableofbeingenforcedbyanyruleoflaworpublicpolicy,allotherterms,provisionsandconditionsofthisAgreementshallneverthelessremaininfullforceandeffect.Uponsuchdeterminationthatanytermorotherprovisionisinvalid,illegalorincapableofbeingenforced,thepartiesheretoshallnegotiateingoodfaithtomodifythisAgreementsoastoeffecttheoriginalintentofthepartiesascloselyaspossibletothefullestextentpermittedbyapplicablelawinanacceptablemannertotheendthatthisAgreementisfulfilledtotheextentpossible.

6.ThisAgreementmaybeexecutedinoneormorecounterparts,eachofwhich,whenexecuted,shallbedeemedtobeanoriginalandallofwhichtogethershallconstituteoneandthesamedocument.

[Signature pages follow. ]

2

INWITNESSWHEREOF,thepartieshaveexecutedthisAgreementasofthedatefirstwrittenabove.

ASSIGNOR:

SOUTHCROSS HOLDINGS LP

By:SOUTHCROSSENERGYPARTNERSGP,LLC,itsgeneralpartner

By: Name: [•]Title: [•]

SIGNATUREPAGETOCONTRIBUTEDCOMPANIESASSIGNMENTINSTRUMENT

ASSIGNEE:

[SXH HOLDINGS LLC]


SIGNATUREPAGETOCONTRIBUTEDCOMPANIESASSIGNMENTINSTRUMENT

ExhibitB

FormofSXHHoldingsAssignmentInstrument

EXHIBIT B

FORM OF SXH HOLDINGS ASSIGNMENT INSTRUMENT

ThisSXH HOLDINGS ASSIGNMENT INSTRUMENT (this“Agreement”),datedasof[•],2018ismadeandenteredintobyandbetweenSouthcrossHoldingsLP,aDelawarelimitedpartnership(“Assignor”),AmericanMidstreamPartners,LP,aDelawarelimitedpartnership(“AMID”),andAmericanMidstreamGP,LLC,aDelawarelimitedliabilitycompanyandthegeneralpartnerofAMID(“AMIDGP”and,togetherwithAMID,the“Assignees”).

RECITALS

A.Assignorisamemberandownerof100%oftheEquityInterestsof[SXHHoldings](the“SXHHoldingsInterests”),aDelawarelimitedliabilitycompany(“SXHHoldings”).

B.Assignor,AMIDandAMIDGPenteredintotheContributionAgreement,datedasofOctober31,2017(the“ContributionAgreement”).CapitalizedtermsusedbutnotdefinedhereinshallhavetherespectivemeaningsascribedtosuchtermsintheContributionAgreement.

C.AsofthedatehereofandattheEffectiveTime,AssignordesirestotransferandassignitsApplicablePercentageoftheissuedandoutstandingSXHHoldingsIntereststoAMIDanditsApplicablePercentageoftheissuedandoutstandingSXHHoldingsIntereststoAMIDGP,pursuanttothetermsandconditionssetforthintheContributionAgreement.

AGREEMENT

Inconsiderationoftheforegoingandforothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,thepartiesheretoagreeasfollows:

1.Assignorherebycontributes,assigns,transfersandconveysitsApplicablePercentageoftheissuedandoutstandingSXHHoldingsIntereststoAMIDanditsApplicablePercentageoftheissuedandoutstandingSXHHoldingsIntereststoAMIDGP,andeachofAMIDandAMIDGPherebyacceptssuchassignmentandassumesallobligationsofAssignorwithrespecttosuchSXHHoldingsInterests.EachofAMIDandAMIDGPisherebyadmittedasamemberSXHHoldings,withallrights,dutiesandobligationsformerlyheldbyAssignorbyvirtueoftheSXHHoldingsInterests.

2.ThisAgreementshallbebindinguponandinuretothebenefitofthepartiesheretoandtheirrespectivesuccessorsandassigns.

3.ThisAgreement,isdeliveredpursuantto,andisherebymadesubjectto,thetermsandconditionsoftheContributionAgreement.NothinginthisAssignmentshallinanywaylimitorexpandanyrightsorremediesofanypartytotheContributionAgreementundertheContributionAgreementoranyoftherepresentations,warranties,covenantsoragreementsmadetherein.IntheeventofaconflictorinconsistencybetweenthetermsofthisAgreementandthetermsoftheContributionAgreement,thetermsoftheContributionAgreementshallcontrol.

1

4.ThisAgreementandalldisputesorcontroversiesarisingoutoforrelatingtothisAgreementshallbegovernedby,andconstruedinaccordancewith,thelawsoftheStateofDelaware,applicabletocontractsexecutedinandtobeperformedentirelywithinthatStatewithoutgivingeffecttothechoiceoflawprinciplesofsuchstatethatwouldrequireorpermittheapplicationoftheLawsofanotherjurisdiction.VenuewillbegovernedbytheapplicableprovisionsoftheContributionAgreement.

5.IfanytermorotherprovisionofthisAgreementisdeterminedbyacourtofcompetentjurisdictionorbyfuturelegislativeactiontobeinvalid,illegalorincapableofbeingenforcedbyanyruleoflaworpublicpolicy,allotherterms,provisionsandconditionsofthisAgreementshallneverthelessremaininfullforceandeffect.Uponsuchdeterminationthatanytermorotherprovisionisinvalid,illegalorincapableofbeingenforced,thepartiesheretoshallnegotiateingoodfaithtomodifythisAgreementsoastoeffecttheoriginalintentofthepartiesascloselyaspossibletothefullestextentpermittedbyapplicablelawinanacceptablemannertotheendthatthisAgreementisfulfilledtotheextentpossible.

6.ThisAgreementmaybeexecutedinoneormorecounterparts,eachofwhich,whenexecuted,shallbedeemedtobeanoriginalandallofwhichtogethershallconstituteoneandthesamedocument.

[Signature pages follow. ]

2

INWITNESSWHEREOF,thepartieshaveexecutedthisAgreementasofthedatefirstwrittenabove.

ASSIGNOR:


By:SOUTHCROSSENERGYPARTNERSGP,LLC,itsgeneralpartner


SIGNATUREPAGETOSXHHOLDINGSASSIGNMENTINSTRUMENT

ASSIGNEES:


By:AMERICANMIDSTREAMGP,LLC,itsgeneralpartner




SIGNATUREPAGETOSXHHOLDINGSASSIGNMENTINSTRUMENT

ExhibitC

FormofAMIDPartnershipAgreementAmendment

EXHIBIT C

FORM OF SIXTH AMENDED AND RESTATED

AGREEMENT OF LIMITED PARTNERSHIP

OF


TABLE OF CONTENTS

PageARTICLEIDEFINITIONS 2

Section1.1 Definitions 2Section1.2 Construction 41

ARTICLEIIORGANIZATION 42

Section2.1 Formation 42Section2.2 Name 42Section2.3 RegisteredOffice;RegisteredAgent;PrincipalOffice;OtherOffices 42Section2.4 PurposeandBusiness 42Section2.5 Powers 43Section2.6 Term 43Section2.7 TitletoPartnershipAssets 43

ARTICLEIIIRIGHTSOFLIMITEDPARTNERS 44

Section3.1 LimitationofLiability 44Section3.2 ManagementofBusiness 44Section3.3 OutsideActivitiesoftheLimitedPartners 44Section3.4 RightsofLimitedPartners 44

ARTICLEIVCERTIFICATES;RECORDHOLDERS;TRANSFEROFPARTNERSHIPINTERESTS;REDEMPTIONOFPARTNERSHIPINTERESTS 45

Section4.1 Certificates 45Section4.2 Mutilated,Destroyed,LostorStolenCertificates 45Section4.3 RecordHolders 46Section4.4 TransferGenerally 47Section4.5 RegistrationandTransferofLimitedPartnerInterests 47Section4.6 TransferoftheGeneralPartner’sGeneralPartnerInterest 48Section4.7 TransferofIncentiveDistributionRights 49Section4.8 RestrictionsonTransfers 49Section4.9 EligibilityCertifications;IneligibleHolders 50Section4.10 RedemptionofPartnershipInterestsofIneligibleHolders 51

ARTICLEVCAPITALCONTRIBUTIONSANDISSUANCEOFPARTNERSHIPINTERESTS 53

Section5.1 IntentionallyOmitted 53Section5.2 ContributionsbytheGeneralPartnerandtheInitialLimitedPartners 53Section5.3 ContributionsbyLimitedPartners 53Section5.4 InterestandWithdrawalofCapitalContributions 53Section5.5 CapitalAccounts 53

Section5.6 IssuancesofAdditionalPartnershipInterests 59Section5.7 Reserved 60Section5.8 LimitedPreemptiveRights 60Section5.9 SplitsandCombinations 62Section5.10 FullyPaidandNon-AssessableNatureofLimitedPartnerInterests 63Section5.11 IssuanceofCommonUnitsinConnectionwithResetofIncentiveDistributionRights 63Section5.12 EstablishmentofSeriesAPreferredUnits 65Section5.13 EstablishmentofSeriesBUnits 84Section5.14 EstablishmentofSeriesCPreferredUnits 87Section5.15 EstablishmentofSeriesDPreferredUnits 106Section5.16 EstablishmentofSeriesEPreferredUnits 123

ARTICLEVIALLOCATIONSANDDISTRIBUTIONSSECTION 141

Section6.1 AllocationsforCapitalAccountPurposes 141Section6.2 AllocationsforTaxPurposes 151Section6.3 RequirementandCharacterizationofDistributions;DistributionstoRecordHolders 152Section6.4 DistributionsofAvailableCashfromOperatingSurplus 153Section6.5 DistributionsofAvailableCashfromCapitalSurplus 154Section6.6 AdjustmentofMinimumQuarterlyDistribution 154Section6.7 Reserved 154Section6.8 SpecialProvisionsRelatingtotheHoldersofIncentiveDistributionRights 154Section6.9 Entity-LevelTaxation 155Section6.10

SpecialProvisionsRelatingtoSeriesAUnitholders,SeriesBUnitholders,SeriesCUnitholders,SeriesDUnitholdersandSeriesEUnitholders 155

ARTICLEVIIMANAGEMENTANDOPERATIONOFBUSINESS 158

Section7.1 Management 158Section7.2 CertificateofLimitedPartnership 160Section7.3 RestrictionsontheGeneralPartner’sAuthority 160Section7.4 ReimbursementoftheGeneralPartner 162Section7.5 OutsideActivities 163Section7.6 LoansfromtheGeneralPartner;LoansorContributionsfromthePartnershiporGroupMembers 164Section7.7 Indemnification 165Section7.8 LiabilityofIndemnitees 166Section7.9 ResolutionofConflictsofInterest;StandardsofConductandModificationofDuties 167Section7.10 OtherMattersConcerningtheGeneralPartner 169Section7.11 PurchaseorSaleofPartnershipInterests 169Section7.12 RegistrationRightsoftheGeneralPartneranditsAffiliatesandHoldings 170Section7.13 ReliancebyThirdParties 173

ii

ARTICLEVIIIBOOKS,RECORDS,ACCOUNTINGANDREPORTS 173

Section8.1 RecordsandAccounting 173Section8.2 FiscalYear 173Section8.3 Reports 174

ARTICLEIXTAXMATTERS 174

Section9.1 TaxReturnsandInformation 174Section9.2 TaxElections 175Section9.3 TaxControversies 175Section9.4 Withholding 175

ARTICLEXADMISSIONOFPARTNERS 176

Section10.1 AdmissionofLimitedPartners 176Section10.2 AdmissionofSuccessorGeneralPartner 176Section10.3 AmendmentofAgreementandCertificateofLimitedPartnership 177

ARTICLEXIWITHDRAWALORREMOVALOFPARTNERS 177

Section11.1 WithdrawaloftheGeneralPartner 177Section11.2 RemovaloftheGeneralPartner 179Section11.3 InterestofDepartingGeneralPartnerandSuccessorGeneralPartner 179Section11.4 ExtinguishmentofCumulativeCommonUnitArrearages 181Section11.5 WithdrawalofLimitedPartners 181

ARTICLEXIIDISSOLUTIONANDLIQUIDATION 181

Section12.1 Dissolution 181Section12.2 ContinuationoftheBusinessofthePartnershipAfterDissolution 182Section12.3 Liquidator 182Section12.4 Liquidation 183Section12.5 CancellationofCertificateofLimitedPartnership 184Section12.6 ReturnofContributions 184Section12.7 WaiverofPartition 184Section12.8 CapitalAccountRestoration 184Section12.9 SeriesALiquidationValue,SeriesCLiquidationValue,SeriesDLiquidationValueandSeriesELiquidationValue 184

ARTICLEXIIIAMENDMENTOFPARTNERSHIPAGREEMENT;MEETINGS;RECORDDATE 185

Section13.1 AmendmentstobeAdoptedSolelybytheGeneralPartner 185Section13.2 AmendmentProcedures 186Section13.3 AmendmentRequirements 187Section13.4 SpecialMeetings 188Section13.5 NoticeofaMeeting 188

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Section13.6 RecordDate 188Section13.7 Adjournment 189Section13.8 WaiverofNotice;ApprovalofMeeting;ApprovalofMinutes 189Section13.9 QuorumandVoting 189Section13.10 ConductofaMeeting 190Section13.11 ActionWithoutaMeeting 190Section13.12 RighttoVoteandRelatedMatters 191

ARTICLEXIVMERGER,CONSOLIDATIONORCONVERSION 191

Section14.1 Authority 191Section14.2 ProcedureforMerger,ConsolidationorConversion 191Section14.3 ApprovalbyLimitedPartners 193Section14.4 AmendmentofPartnershipAgreement 195Section14.5 CertificateofMergerorCertificateofConversion 195Section14.6 EffectofMerger,ConsolidationorConversion 195

ARTICLEXVRIGHTTOACQUIRELIMITEDPARTNERINTERESTS 196

Section15.1 RighttoAcquireLimitedPartnerInterests 196

ARTICLEXVIGENERALPROVISIONS 198

Section16.1 AddressesandNotices;WrittenCommunications 198Section16.2 FurtherAction 198Section16.3 BindingEffect 198Section16.4 Integration 199Section16.5 Creditors 199Section16.6 Waiver 199Section16.7 Third-PartyBeneficiaries 199Section16.8 Counterparts 199Section16.9 ApplicableLaw;Forum;VenueandJurisdiction;WaiverofTrialbyJury 199Section16.10 InvalidityofProvisions 200Section16.11 ConsentofPartners 201Section16.12 ElectronicallyTransmittedSignatures 201

EXHIBITA CertificateEvidencingCommonUnits

RepresentingLimitedPartnerInterestsin AmericanMidstreamPartners,LP

EXHIBITB FormofWarrant

EXHIBITC FormofSeriesAConversionNotice

EXHIBITD FormofSeriesCConversionNotice

EXHIBITE FormofSeriesDConversionNotice

EXHIBITF FormofSeriesDCallExerciseNotice

EXHIBITG FormofSeriesEConversionNotice

EXHIBITH FormofSeriesECallExerciseNotice

iv

SIXTH AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OFAMERICAN MIDSTREAM PARTNERS, LP

THISSIXTHAMENDEDANDRESTATEDAGREEMENTOFLIMITEDPARTNERSHIPOFAMERICANMIDSTREAMPARTNERS,LPdatedasof[[•],2017]1(this“Agreement ”),isenteredintobyandbetweenAmericanMidstreamGP,LLC,aDelawarelimitedliabilitycompany,astheGeneralPartner,andthePersonswhoarenoworbecomePartnersinthePartnershiporpartiesheretoasprovidedherein.

WHEREAS,theGeneralPartnerandtheLimitedPartnersenteredintothatcertainFirstAmendedandRestatedAgreementofLimitedPartnershipdatedasofNovember4,2009;

WHEREAS,theGeneralPartnerandtheLimitedPartnersenteredintothatcertainSecondAmendedandRestatedAgreementofLimitedPartnershipdatedasofAugust1,2011;

WHEREAS,theGeneralPartnerandtheLimitedPartnersenteredintothatcertainThirdAmendedandRestatedAgreementofLimitedPartnershipdatedasofApril15,2013;

WHEREAS,theGeneralPartnerandtheLimitedPartnersenteredintothatcertainFourthAmendedandRestatedAgreementofLimitedPartnershipdatedasofAugust9,2013,asamendedfromtimetotimethereafter(asamended,the“Fourth A/R Partnership Agreement ”);

WHEREAS,theGeneralPartnerandtheLimitedPartnersenteredintothatcertainFifthAmendedandRestatedAgreementofLimitedPartnershipdatedasofApril25,2016,asamendedfromtimetotimethereafter(asamendedtothedatehereof,the“Fifth A/R Partnership Agreement ”);

WHEREAS,pursuanttotheContributionAgreement,theFifthA/RPartnershipAgreementisrequiredtobeamendedtoreflecttheissuanceoftheSeriesEPreferredUnitsandtoamendcertaintermsoftheSeriesCConvertiblePreferredUnits;

WHEREAS,therearecertainothercorrectionsandcorrelativeclarificationstotheFifthA/RPartnershipAgreementthattheGeneralPartnerbelievesareappropriate;

WHEREAS,Section5.6oftheFifthA/RPartnershipAgreementprovidesthattheGeneralPartner,withouttheapprovalofanyLimitedPartnerexceptasotherwiseprovidedintheFifthA/RPartnershipAgreement,may,foranyPartnershippurpose,atanytimeorfromtimetotime,issueadditionalPartnershipInterestsandwarrantstosuchPersonsforsuchconsiderationandonsuchtermsandconditionsasshallbeestablishedbytheGeneralPartner;

WHEREAS,Section13.1(d)(i)oftheFifthA/RPartnershipAgreementprovidesthattheGeneralPartnermayamendanyprovisionoftheFifthA/RPartnershipAgreementwithouttheapprovalofanyPartnertoreflectachangethattheGeneralPartnerdeterminesdoesnotadverselyaffectinanymaterialrespecttheLimitedPartnersconsideredasawholeoranyparticularclassofPartnershipInterestsascomparedtotheotherclassesofPartnershipInterests;1 Tobeexecutedatclosingofthetransaction.

WHEREAS,Section13.1(g)oftheFifthA/RPartnershipAgreementprovidesthattheGeneralPartner,withouttheapprovalofanyPartner,mayamendanyprovisionoftheFifthA/RPartnershipAgreementtoreflectanamendmentthat,theGeneralPartnerdetermines,isnecessaryorappropriateinconnectionwiththecreation,authorizationorissuanceofanyclassorseriesofPartnershipInterestsorwarrantspursuanttoSection5.6oftheFifthA/RPartnershipAgreement;

WHEREAS,theGeneralPartnerhasdeterminedthattheamendmentstotheFifthA/RPartnershipAgreementeffectedherebyarerequiredtoreflecttheissuanceoftheSeriesEPreferredUnitsandamendcertaintermsoftheSeriesCConvertiblePreferredUnitsandtomakeothercorrectionsandcorrelativeclarifications,whichcorrectionsandclarificationsdonotadverselyaffectinanymaterialrespecttheLimitedPartnersconsideredasawholeoranyparticularclassofPartnershipInterestsascomparedtootherclassesofPartnershipInterests,otherthantheSeriesAPreferredUnits,theSeriesCPreferredUnitsandtheSeriesDPreferredUnits,theholdersofwhichhaveapprovedtheamendments;

WHEREAS,(i)totheextentrequiredbySections5.12(b)and7.3oftheFifthA/RPartnershipAgreement,theholderoftheSeriesAPreferredUnitshasconsentedtotheamendmentseffectedherebyandhaswaivedthesecondparagraphofSection5.12(b)(viii)(D)thereof,(ii)totheextentrequiredbySections5.14(b)and7.3oftheFifthA/RPartnershipAgreement,theholderoftheSeriesCPreferredUnitshasconsentedtotheamendmentseffectedherebyandhaswaivedthesecondparagraphofSection5.14(b)(viii)(E)thereof,and(iii)totheextentrequiredbySections5.15(b)and7.3oftheFifthA/RPartnershipAgreement,theholderoftheSeriesDPreferredUnitshasconsentedtotheamendmentseffectedherebyandhaswaivedthesecondparagraphofSection5.15(b)(viii)(D)thereof;and

WHEREAS,theGeneralPartnerhasdeterminedthattheamendmentstotheFifthA/RPartnershipAgreementeffectedherebyarenecessaryandappropriateinconnectionwiththecreation,authorizationandissuanceoftheSeriesEPreferredUnitsandtheamendmentofcertaintermsoftheSeriesCConvertiblePreferredUnits,ascontemplatedbytheContributionAgreement.

NOW,THEREFORE,theGeneralPartnerdoesherebyamendandrestatetheFifthA/RPartnershipAgreementtoprovideinitsentiretyasfollows:

ARTICLE I

DEFINITIONS

Section1.1Definitions.

Thefollowingdefinitionsshallbeforallpurposes,unlessotherwiseclearlyindicatedtothecontrary,appliedtothetermsusedinthisAgreement.

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“Acquisition ”meansanytransactioninwhichanyGroupMemberacquires(throughanassetacquisition,merger,stockacquisitionorotherformofinvestment)controloveralloraportionoftheassets,propertiesorbusinessofanotherPersonforthepurposeofincreasingthelong-termoperatingcapacityoroperatingincomeofthePartnershipGroupfromtheoperatingcapacityoroperatingincomeofthePartnershipGroupexistingimmediatelypriortosuchtransaction.

“Additional Book Basis ”meanstheportionofanyremainingCarryingValueofanAdjustedPropertythatisattributabletopositiveadjustmentsmadetosuchCarryingValueasaresultofBook-UpEvents.ForpurposesofdeterminingtheextentthatCarryingValueconstitutesAdditionalBookBasis:

(a)AnynegativeadjustmentmadetotheCarryingValueofanAdjustedPropertyasaresultofeitheraBook-DownEventoraBook-UpEventshallfirstbedeemedtooffsetordecreasethatportionoftheCarryingValueofsuchAdjustedPropertythatisattributabletoanypriorpositiveadjustmentsmadetheretopursuanttoaBook-UpEventorBook-DownEvent.

(b)IfCarryingValuethatconstitutesAdditionalBookBasisisreducedasaresultofaBook-DownEvent(an“Additional Book Basis Reduction ”)andtheCarryingValueofotherpropertyisincreasedasaresultofsuchBook-DownEvent(a“Carrying Value Increase ”),thenanysuchCarryingValueIncreaseshallbetreatedasAdditionalBookBasisinanamountequaltothelesserof(i)theamountofsuchCarryingValueIncreaseand(ii)theamountdeterminedbyproportionatelyallocatingtotheCarryingValueIncreasesresultingfromsuchBook-DownEventbythelesserof(A)theaggregateAdditionalBookBasisReductionsresultingfromsuchBook-DownEventand(B)theamountbywhichtheAggregateRemainingNetPositiveAdjustmentsaftersuchBook-DownEventexceedstheremainingAdditionalBookBasisattributabletoallofthePartnership’sAdjustedPropertyaftersuchBook-DownEvent(determinedwithoutregardtotheapplicationofthisclause(b)tosuchBook-DownEvent).

“Additional Book Basis Derivative Items ”meansanyBookBasisDerivativeItemsthatarecomputedwithreferencetoAdditionalBookBasis.TotheextentthattheAdditionalBookBasisattributabletoallofthePartnership’sAdjustedPropertyasofthebeginningofanytaxableperiodexceedstheAggregateRemainingNetPositiveAdjustmentsasofthebeginningofsuchperiod(the“Excess Additional Book Basis ”),theAdditionalBookBasisDerivativeItemsforsuchperiodshallbereducedbytheamountthatbearsthesameratiototheamountofAdditionalBookBasisDerivativeItemsdeterminedwithoutregardtothissentenceastheExcessAdditionalBookBasisbearstotheAdditionalBookBasisasofthebeginningofsuchperiod.WithrespecttoaDisposedofAdjustedProperty,theAdditionalBookBasisDerivativeItemsshallbetheamountofAdditionalBookBasistakenintoaccountincomputinggainorlossfromthedispositionofsuchDisposedofAdjustedProperty;provided thattheprovisionsoftheimmediatelyprecedingsentenceshallapplytothedeterminationoftheAdditionalBookBasisDerivativeItemsattributabletoDisposedofAdjustedProperty.

“Additional Limited Partner ”meansaPersonadmittedtothePartnershipasaLimitedPartnerpursuanttoSection10.1(b)andwhoisshownassuchonthebooksandrecordsofthePartnership.

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“Adjusted Capital Account ”meanstheCapitalAccountmaintainedforeachPartnerasoftheendofeachtaxableperiodofthePartnership,(a)increasedbyanyamountsthatsuchPartnerisobligatedtorestoreunderthestandardssetbyTreasuryRegulationSection1.704-1(b)(2)(ii)(c)(orisdeemedobligatedtorestoreunderTreasuryRegulationSections1.704-2(g)and1.704-2(i)(5))and(b)decreasedby(i)theamountofalllossesanddeductionsthat,asoftheendofsuchtaxableperiod,arereasonablyexpectedtobeallocatedtosuchPartnerinsubsequenttaxableperiodsunderSections704(e)(2)and706(d)oftheCodeandTreasuryRegulationSection1.751-1(b)(2)(ii),and(ii)theamountofalldistributionsthat,asoftheendofsuchtaxableperiod,arereasonablyexpectedtobemadetosuchPartnerinsubsequenttaxableperiodsinaccordancewiththetermsofthisAgreementorotherwisetotheextenttheyexceedoffsettingincreasestosuchPartner’sCapitalAccountthatarereasonablyexpectedtooccurduring(orpriorto)thetaxableperiodinwhichsuchdistributionsarereasonablyexpectedtobemade(otherthanincreasesasaresultofaminimumgainchargebackpursuanttoSection6.1(d)(i)orSection6.1(d)(ii)).TheforegoingdefinitionofAdjustedCapitalAccountisintendedtocomplywiththeprovisionsofTreasuryRegulationSection1.704-1(b)(2)(ii)(d)andshallbeinterpretedconsistentlytherewith.The“AdjustedCapitalAccount”ofaPartnerinrespectofaPartnershipInterestshallbetheamountthatsuchAdjustedCapitalAccountwouldbeifsuchPartnershipInterestweretheonlyinterestinthePartnershipheldbysuchPartnerfromandafterthedateonwhichsuchPartnershipInterestwasfirstissued.

“Adjusted Operating Surplus ”means,withrespecttoanyperiod,(a)OperatingSurplusgeneratedwithrespecttosuchperiod,less(b)(i)anynetincreaseinWorkingCapitalBorrowingswithrespecttothatperiodand(ii)anynetdecreaseincashreservesforOperatingExpenditureswithrespecttosuchperiodnotrelatingtoanOperatingExpendituremadewithrespecttosuchperiod,andplus(c)(i)anynetdecreaseinWorkingCapitalBorrowingswithrespecttothatperiod,(ii)anynetdecreasemadeinsubsequentperiodsincashreservesforOperatingExpendituresinitiallyestablishedwithrespecttosuchperiodtotheextentsuchdecreaseresultsinareductioninAdjustedOperatingSurplusinsubsequentperiodspursuanttoclause(b)(ii)aboveand(iii)anynetincreaseincashreservesforOperatingExpenditureswithrespecttosuchperiodrequiredbyanydebtinstrumentfortherepaymentofprincipal,interestorpremium.AdjustedOperatingSurplusdoesnotincludethatportionofOperatingSurplusincludedinclause(a)(i)ofthedefinitionofOperatingSurplus.

“Adjusted Property ”meansanypropertytheCarryingValueofwhichhasbeenadjustedpursuanttoSection5.5(d).

“Affiliate ”means,withrespecttoanyPerson,anyotherPersonthatdirectlyorindirectlythroughoneormoreintermediariescontrols,iscontrolledbyorisundercommoncontrolwith,thePersoninquestion.Asusedherein,theterm“control”meansthepossession,directorindirect,ofthepowertodirectorcausethedirectionofthemanagementandpoliciesofaPerson,whetherthroughownershipofvotingsecurities,bycontractorotherwise.Fortheavoidanceofdoubt,innoeventshallHoldingsbeconsideredan“Affiliate”oftheGeneralPartnerforpurposesofthisAgreement.

“Aggregate Quantity of IDR Reset Common Units ”hasthemeaningassignedtosuchterminSection5.11(a).

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“Aggregate Remaining Net Positive Adjustments ”means,asoftheendofanytaxableperiod,thesumoftheRemainingNetPositiveAdjustmentsofallthePartners.

“Agreed Allocation ”meansanyallocation,otherthanaRequiredAllocation,ofanitemofincome,gain,lossordeductionpursuanttotheprovisionsofSection6.1,includingaCurativeAllocation(ifappropriatetothecontextinwhichtheterm“AgreedAllocation”isused).

“Agreed Value ”ofanyContributedPropertymeansthefairmarketvalueofsuchpropertyorotherconsiderationatthetimeofcontributionandinthecaseofanAdjustedProperty,thefairmarketvalueofsuchAdjustedPropertyonthedateoftheRevaluationEvent,inbothcasesasdeterminedbytheGeneralPartner.

“Agreement ”meansthisSixthAmendedandRestatedAgreementofLimitedPartnershipofAmericanMidstreamPartners,LP,asitmaybeamended,supplementedorrestatedfromtimetotime.

“AIM Midstream ”meansAIMMidstreamHoldings,LLC,aDelawarelimitedliabilitycompany.

“AIM Warrant ”meansthatcertainwarranttopurchaseupto300,000CommonUnitswitha$0.01perwarrantexerciseprice,issuedpursuanttotherequirementsofthePurchaseAgreement,whichwarrantshall,fortaxpurposes,betreatedasa“noncompensatoryoption”withinthemeaningofTreasuryRegulationsSections1.721-2(f)and1.761-3(b)(2)andnottreatedasapartnershipinterestpursuanttoTreasuryRegulationsSection1.761-3(a).

“American Midstream GP ”meansAmericanMidstreamGP,LLC,aDelawarelimitedliabilitycompany.

“AMID GP LLC Agreement ”meanstheFourthAmendedandRestatedLimitedLiabilityCompanyAgreementofAmericanMidstreamGP,LLCdated[[•],2017]2.

“Associate ”means,whenusedtoindicatearelationshipwithanyPerson,(a)anycorporationororganizationofwhichsuchPersonisadirector,officer,partnerormanagingmemberoris,directlyorindirectly,theownerof20%ormoreofanyclassofvotingstockorothervotinginterest;(b)anytrustorotherestateinwhichsuchPersonhasatleasta20%beneficialinterestorastowhichsuchPersonservesastrusteeorinasimilarfiduciarycapacity;and(c)anyrelativeorspouseofsuchPerson,oranyrelativeofsuchspouse,whohasthesameprincipalresidenceassuchPerson.2 Tobeexecutedatclosingofthetransaction.

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“Available Cash ”means,withrespecttoanyQuarterendingpriortotheLiquidationDate:

(a)thesumof:

(i)allcashandcashequivalentsofthePartnershipGroup(orthePartnership’sproportionateshareofcashandcashequivalentsinthecaseofSubsidiariesthatarenotwhollyowned)onhandattheendofsuchQuarter;and

(ii)iftheGeneralPartnersodetermines,alloranyportionofadditionalcashandcashequivalentsofthePartnershipGroup(orthePartnership’sproportionateshareofcashandcashequivalentsinthecaseofSubsidiariesthatarenotwhollyowned)onhandonthedateofdeterminationofAvailableCashwithrespecttosuchQuarterresultingfromWorkingCapitalBorrowingsmadesubsequenttotheendofsuchQuarter;

(b)lesstheamountofanycashreserves(orthePartnership’sproportionateshareofcashreservesinthecaseofSubsidiariesthatarenotwhollyowned)establishedbytheGeneralPartnerto:

(i)providefortheproperconductofthebusinessofthePartnershipGroup(includingreservesforfuturecapitalexpenditures,foranticipatedfuturecreditneedsofthePartnershipGroupandforrefundsofcollectedratesreasonablylikelytoberefundedasaresultofasettlementorhearingrelatingtoFERCrateproceedingsorrateproceedingsunderapplicablestatelaw,ifany)subsequenttosuchQuarter;

(ii)complywithapplicablelaworanyloanagreement,securityagreement,mortgage,debtinstrumentorotheragreementorobligationtowhichanyGroupMemberisapartyorbywhichitisboundoritsassetsaresubject;or

(iii)providefundsfordistributionsunderSection6.4orSection6.5inrespectofanyoneormoreofthenextfourQuarters;

provided ,however ,thattheGeneralPartnermaynotestablishcashreservespursuanttoclause(iii)aboveiftheeffectofestablishingsuchreserveswouldbethatthePartnershipisunabletodistributetheMinimumQuarterlyDistributiononallCommonUnits,plusanyCumulativeCommonUnitArrearageonallCommonUnits,withrespecttosuchQuarter;and,provided further ,thatdisbursementsmadebyaGroupMemberorcashreservesestablished,increasedorreducedaftertheendofsuchQuarterbutonorbeforethedateofdeterminationofAvailableCashwithrespecttosuchQuartershallbedeemedtohavebeenmade,established,increasedorreduced,forpurposesofdeterminingAvailableCash,withinsuchQuarteriftheGeneralPartnersodetermines.

Notwithstandingtheforegoing,“AvailableCash”withrespecttotheQuarterinwhichtheLiquidationDateoccursandanysubsequentQuartershallequalzero.

“Board of Directors ”meanstheboardofdirectorsoftheGeneralPartner.

“Book Basis Derivative Items ”meansanyitemofincome,deduction,gainorlossthatiscomputedwithreferencetotheCarryingValueofanAdjustedProperty(e.g. ,depreciation,depletion,orgainorlosswithrespecttoanAdjustedProperty).

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“Book-Down Event ”meansaneventthattriggersanegativeadjustmenttotheCapitalAccountsofthePartnerspursuanttoSection5.5(d).

“Book-Tax Disparity ”meanswithrespecttoanyitemofContributedPropertyorAdjustedProperty,asofthedateofanydetermination,thedifferencebetweentheCarryingValueofsuchContributedPropertyorAdjustedPropertyandtheadjustedbasisthereofforfederalincometaxpurposesasofsuchdate.APartner’sshareofthePartnership’sBook-TaxDisparitiesinallofitsContributedPropertyandAdjustedPropertywillbereflectedbythedifferencebetweensuchPartner’sCapitalAccountbalanceasmaintainedpursuanttoSection5.5andthehypotheticalbalanceofsuchPartner’sCapitalAccountcomputedasifithadbeenmaintainedstrictlyinaccordancewithfederalincometaxaccountingprinciples.

“Book-Up Event ”meansaneventthattriggersapositiveadjustmenttotheCapitalAccountsofthePartnerspursuanttoSection5.5(d).

“Business Day ”meansMondaythroughFridayofeachweek,exceptthatalegalholidayrecognizedassuchbythegovernmentoftheUnitedStatesofAmericaortheStateofTexasshallnotberegardedasaBusinessDay.

“Capital Account ”meansthecapitalaccountmaintainedforaPartnerpursuanttoSection5.5.The“CapitalAccount”ofaPartnerinrespectofaPartnershipInterestshallbetheamountthatsuchCapitalAccountwouldbeifsuchPartnershipInterestweretheonlyinterestinthePartnershipheldbysuchPartnerfromandafterthedateonwhichsuchPartnershipInterestwasfirstissued.

“Capital Contribution ”means(i)anycash,cashequivalentsortheNetAgreedValueofContributedPropertythataPartnercontributestothePartnershiporthatiscontributedordeemedcontributedtothePartnershiponbehalfofaPartner(including,inthecaseofanunderwrittenofferingofUnits,theamountofanyunderwritingdiscountsorcommissions)or(ii)currentdistributionsthataPartnerisentitledtoreceivebutotherwisewaives.

“Capital Improvement ”meansany(a)additionorimprovementtothecapitalassetsownedbyanyGroupMember,(b)acquisition(throughanassetacquisition,merger,stockacquisitionorotherformofinvestment)ofexisting,ortheconstructionofneworimprovementorreplacementofexisting,capitalassets(includinggatheringsystems,compressors,processingplants,transmissionlinesandrelatedorsimilarmidstreamassets)or(c)capitalcontributionbyaGroupMembertoaPersonthatisnotaSubsidiaryinwhichaGroupMemberhas,oraftersuchcapitalcontributionwillhave,anequityinteresttofundsuchGroupMember’sproratashareofthecostoftheadditionorimprovementtoortheacquisition(throughanassetacquisition,merger,stockacquisitionorotherformofinvestment)ofexisting,ortheconstructionofneworreplacementofexisting,capitalassets(includinggatheringsystems,compressors,processingplants,transmissionlinesandrelatedorsimilarmidstreamassets)bysuchPerson,ineachcaseifandtotheextentsuchaddition,improvement,acquisition,constructionorreplacementismadetoincreasethelong-termoperatingcapacityoroperatingincomeofthePartnershipGroup,inthecaseofclauses(a)and(b),orsuchPerson,inthecaseofclause(c),fromtheoperatingcapacityoroperatingincomeofthePartnershipGrouporsuchPerson,asthecasemaybe,existingimmediatelypriortosuchaddition,improvement,acquisition,constructionorreplacement.

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“Capital Surplus ”hasthemeaningassignedtosuchterminSection6.3(a).

“Carrying Value ”means(a)withrespecttoaContributedPropertyorAdjustedProperty,theAgreedValueofsuchpropertyreduced(butnotbelowzero)byalldepreciation,amortizationandcostrecoverydeductionschargedtothePartners’CapitalAccountsinrespectofsuchContributedPropertyorAdjustedProperty,and(b)withrespecttoanyotherPartnershipproperty,theadjustedbasisofsuchpropertyforfederalincometaxpurposes,allasofthetimeofdetermination.TheCarryingValueofanypropertyshallbeadjustedfromtimetotimeinaccordancewithSection5.5(d)andtoreflectchanges,additionsorotheradjustmentstotheCarryingValuefordispositionsandacquisitionsofPartnershipproperties,asdeemedappropriatebytheGeneralPartner.

“Cause ”meansacourtofcompetentjurisdictionhasenteredafinal,non-appealablejudgmentfindingtheGeneralPartnerliableforactualfraudorwillfulmisconductinitscapacityasageneralpartnerofthePartnership.

“Certificate ”means(a)acertificate(i)substantiallyintheformofExhibitAtothisAgreement,(ii)issuedinglobalforminaccordancewiththerulesandregulationsoftheDepositoryor(iii)insuchotherformasmaybeadoptedbytheGeneralPartner,ineachcaseissuedbythePartnershipevidencingownershipofoneormoreCommonUnitsor(b)acertificate,insuchformasmaybeadoptedbytheGeneralPartner,issuedbythePartnershipevidencingownershipofoneormoreotherPartnershipInterests.

“Certificate of Limited Partnership ”meanstheCertificateofLimitedPartnershipofthePartnershipfiledwiththeSecretaryofStateoftheStateofDelawareasreferencedinSection7.2,assuchCertificateofLimitedPartnershipmaybeamended,supplementedorrestatedfromtimetotime.

“Citizenship Eligibility Trigger ”hasthemeaningassignedtosuchterminSection4.9(a)(ii).

“claim ”(asusedinSection7.12(c))hasthemeaningassignedtosuchterminSection7.12(c).

“Class A Member ”meansthe“ClassAMember”asdefinedintheAMIDGPLLCAgreement.

“Class D Exercise Notice ”hasthemeaningassignedtosuchterminSection5.8(b).

“Class D Member ”meansthe“ClassDMember”asdefinedintheAMIDGPLLCAgreement.

“Closing Date ”meansNovember4,2009.

“Closing Price ”means,inrespectofanyclassofLimitedPartnerInterests,asofthedateofdetermination,thelastsalepriceonsuchday,regularway,orincasenosuchsaletakesplaceonsuchday,theaverageoftheclosingbidandaskedpricesonsuchday,regularway,ineithercaseasreportedintheprincipalconsolidatedtransactionreportingsystemwithrespectto

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securitieslistedoradmittedtotradingontheprincipalNationalSecuritiesExchangeonwhichtherespectiveLimitedPartnerInterestsarelistedoradmittedtotradingor,ifsuchLimitedPartnerInterestsarenotlistedoradmittedtotradingonanyNationalSecuritiesExchange,thelastquotedpriceonsuchdayor,ifnotsoquoted,theaverageofthehighbidandlowaskedpricesonsuchdayintheover-the-countermarket,asreportedbytheprimaryreportingsystemtheninuseinrelationtosuchLimitedPartnerInterestsofsuchclass,or,ifonanysuchdaysuchLimitedPartnerInterestsofsuchSeriesarenotquotedbyanysuchorganization,theaverageoftheclosingbidandaskedpricesonsuchdayasfurnishedbyaprofessionalmarketmakermakingamarketinsuchLimitedPartnerInterestsofsuchclassselectedbytheGeneralPartner,orifonanysuchdaynomarketmakerismakingamarketinsuchLimitedPartnerInterestsofsuchclass,thefairvalueofsuchLimitedPartnerInterestsonsuchdayasdeterminedbytheGeneralPartner.

“Code ”meanstheInternalRevenueCodeof1986,asamendedandineffectfromtimetotime.AnyreferencehereintoaspecificsectionorsectionsoftheCodeshallbedeemedtoincludeareferencetoanycorrespondingprovisionofanysuccessorlaw.

“Combined Interest ”hasthemeaningassignedtosuchterminSection11.3(a).

“Commences Commercial Service ”meansthedateaCapitalImprovementisfirstputintoorcommencescommercialservicefollowingcompletionofconstruction,acquisition,developmentandtesting,asapplicable.

“Commission ”meanstheUnitedStatesSecuritiesandExchangeCommissionoranysuccessoragencyhavingjurisdictionundertheSecuritiesAct.

“Commodity Hedge Contract ”meansanycommodityexchange,swap,forward,cap,floor,collarorothersimilaragreementorarrangemententeredintoforthepurposeofhedgingthePartnershipGroup’sexposuretofluctuationsinthepriceofhydrocarbonsorothercommoditiesintheiroperationsandnotforspeculativepurposes.

“Common Unit ”meansaPartnershipInterestrepresentingafractionalpartofthePartnershipInterestsofallLimitedPartners,andhavingtherightsandobligationsspecifiedwithrespecttoCommonUnitsinthisAgreement.Theterm“CommonUnit”doesnotreferto,orinclude,anyIncentiveDistributionRights,anyHPIPEquityInterest,anySeriesAPreferredUnitpriortotheconversionofsuchSeriesAPreferredUnitintoaCommonUnitpursuanttothetermsthereof,anySeriesCPreferredUnitpriortotheconversionofsuchSeriesCPreferredUnitintoaCommonUnitpursuanttothetermsthereof,anySeriesDPreferredUnitpriortotheconversionofsuchSeriesDPreferredUnitintoaCommonUnitpursuanttothetermsthereof,anySeriesEPreferredUnitpriortotheconversionofsuchSeriesEPreferredUnitintoaCommonUnitpursuanttothetermsthereof,exceptasotherwiseprovidedinthisAgreement,anySeriesBUnitpriortotheconversionofsuchSeriesBUnitintoaCommonUnitpursuanttothetermsthereof,oranyCommonUnittreatedasownedbythePartnershipforU.S.federalincometaxpurposes.

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“Common Unit Arrearage ”means,withrespecttoanyCommonUnit,wheneverissued,astoanyQuarteraftertheClosingDate,theexcess,ifany,of(a)theMinimumQuarterlyDistributionwithrespecttoaCommonUnitinrespectofsuchQuarterover(b)thesumofallAvailableCashdistributedwithrespecttoaCommonUnitinrespectofsuchQuarterpursuanttoSection6.4(b)(i).

“Conflicts Committee ”meansacommitteeoftheBoardofDirectorscomposedofoneormoreIndependentDirectors.

“Contributed Property ”meanseachpropertyorotherasset,insuchformasmaybepermittedbytheDelawareAct,butexcludingcash,contributedtothePartnership.OncetheCarryingValueofaContributedPropertyisadjustedpursuanttoSection5.5(d),suchpropertyshallnolongerconstituteaContributedProperty,butshallbedeemedanAdjustedProperty.

“Contribution Agreement ”meanstheContributionAgreement,datedOctober31,2017,amongSouthcrossHoldings,theGeneralPartnerandthePartnership,pursuanttowhichSouthcrossHoldingscontributedequityinterestsinawhollyownedsubsidiarytothePartnershipinexchangeforCommonUnits,4,500,000SeriesEPreferredUnitsandcertainequityinterestsintheGeneralPartner.

“Converted or Exercised Unit ”meansaSeriesAConversionUnit,SeriesBConversionUnit,SeriesCConversionUnit,SeriesDConversionUnit,SeriesEConversionUnit,orOptionUnit.

“Convertible Securities ”hasthemeaningassignedtosuchterminSection5.12(b)(viii)(D).

“Cumulative Common Unit Arrearage ”means,withrespecttoanyCommonUnit,wheneverissued,andasoftheendofanyQuarter,theexcess,ifany,of(a)thesumresultingfromaddingtogethertheCommonUnitArrearageastoanIPOCommonUnitforeachoftheQuartersaftertheClosingDateover(b)thesumofanydistributionstheretoforemadepursuanttoSection6.4(b)(ii)andthesecondsentenceofSection6.5withrespecttoanIPOCommonUnit(includinganydistributionstobemadeinrespectofthelastofsuchQuarters).

“Curative Allocation ”meansanyallocationofanitemofincome,gain,deduction,lossorcreditpursuanttotheprovisionsofSection6.1(d)(xi).

“Current Market Price ”means,inrespectofanyclassofLimitedPartnerInterests,asofthedateofdetermination,theaverageofthedailyClosingPricesperLimitedPartnerInterestofsuchclassforthe20consecutiveTradingDaysimmediatelypriortosuchdate.

“Delaware Act ”meanstheDelawareRevisedUniformLimitedPartnershipAct,6Del.C.Section17-101,etseq.asamended,supplementedorrestatedfromtimetotime,andanysuccessortosuchstatute.

“Departing General Partner ”meansaformergeneralpartnerfromandaftertheeffectivedateofanywithdrawalorremovalofsuchformergeneralpartnerpursuanttoSection11.1orSection11.2.

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“Depository ”means,withrespecttoanyUnitsissuedinglobalform,TheDepositoryTrustCompanyanditssuccessorsandpermittedassigns.

“Disposed of Adjusted Property ”hasthemeaningascribedtosuchterminSection6.1(d)(xii)(B).

“Economic Risk of Loss ”hasthemeaningsetforthinTreasuryRegulationSection1.752-2(a).

“Eligibility Certificate ”hasthemeaningassignedtosuchterminSection4.9(b).

“Eligible Holder ”meansaLimitedPartnerwhose(a)federalincometaxstatuswouldnot,inthedeterminationoftheGeneralPartner,havethematerialadverseeffectdescribedinSection4.9(a)(i)or(b)nationality,citizenshiporotherrelatedstatuswouldnot,inthedeterminationoftheGeneralPartner,createasubstantialriskofcancellationorforfeitureasdescribedinSection4.9(a)(ii).

“Estimated Incremental Quarterly Tax Amount ”hasthemeaningassignedtosuchterminSection6.9.

“Estimated Maintenance Capital Expenditures ”meansanestimatemadeingoodfaithbytheBoardofDirectors(withtheconcurrenceoftheConflictsCommittee)oftheaveragequarterlyMaintenanceCapitalExpendituresthatthePartnershipwillincuroverthelongterm.TheBoardofDirectors(withtheconcurrenceoftheConflictsCommittee)willbepermittedtomakesuchestimateinanymanneritdeterminesreasonable.TheestimatewillbemadeannuallyandwheneveraneventoccursthatislikelytoresultinamaterialadjustmenttotheamountofMaintenanceCapitalExpendituresonalongtermbasis.ThePartnershipshalldisclosetoitsPartnersanychangeintheamountofEstimatedMaintenanceCapitalExpendituresinitsreportsmadeinaccordancewithSection8.3totheextentnotpreviouslydisclosed.AnyadjustmentstoEstimatedMaintenanceCapitalExpendituresshallbeprospectiveonly.

“Event Issue Value ”means,withrespecttoanyCommonUnitasofanydateofdetermination,(i)inthecaseofaRevaluationEventthatincludestheissuanceofCommonUnitspursuanttoapublicofferingandsolelyforcash,thepricepaidforsuchCommonUnits(beforedeductionforanyunderwriters’discountsandcommissions),or(ii)inthecaseofanyotherRevaluationEvent,theClosingPriceoftheCommonUnitsonthedateofsuchRevaluationEventor,iftheGeneralPartnerdeterminesthatavaluefortheCommonUnitotherthansuchClosingPricemoreaccuratelyreflectsthefairmarketvalueoftheCommonUnit,thevaluedeterminedbytheGeneralPartner.

“Event of Withdrawal ”hasthemeaningassignedtosuchterminSection11.1(a).

“Excess Additional Book Basis ”hasthemeaninggivensuchterminthedefinitionof“AdditionalBookBasisDerivativeItems.”

“Expansion Capital Expenditures ”meanscashexpendituresforAcquisitionsorCapitalImprovements,andshallnotincludeMaintenanceCapitalExpendituresorInvestmentCapitalExpenditures.ExpansionCapitalExpendituresshallincludeinterest(andrelatedfees)ondebt

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incurredanddistributionsonequityissued,ineachcase,tofinancetheconstructionofaCapitalImprovementandpaidinrespectoftheperiodbeginningonthedatethattheGroupMemberentersintoabindingobligationtocommenceconstructionofaCapitalImprovementandendingontheearliertooccurofthedatethatsuchCapitalImprovementCommencesCommercialServiceandthedatethatsuchCapitalImprovementisabandonedordisposedof.Debtincurredorequityissuedtofundsuchconstructionperiodinterestpaymentsorsuchconstructionperioddistributionsonequitypaidduringsuchperiod,shallalsobedeemedtobedebtincurredorequityissued,asthecasemaybe,tofinancetheconstructionofaCapitalImprovement.ExpansionCapitalExpenditureswillincludecashcontributedbyaGroupMembertoanentityofwhichsuchGroupMemberis,oraftersuchcontributionwillbe,directlyorindirectly,anequityownertobeusedbysuchentityforAcquisitionsorCapitalImprovements.WherecapitalexpendituresaremadeinpartforExpansionCapitalExpendituresandinpartforotherpurposes,theGeneralPartner,withtheconcurrenceoftheConflictsCommittee,shalldeterminetheallocationofsuchexpendituresbetweenExpansionCapitalExpendituresandexpendituresmadeforotherpurposes.

“FERC ”meanstheFederalEnergyRegulatoryCommission,orsuccessortopowersthereof.

“Follow-On Price ”hasthemeaningassignedtosuchterminSection5.12(b)(viii)(E).

“Follow-On Units ”hasthemeaningassignedtosuchterminSection5.12(b)(viii)(E).

“Fourth A/R Partnership Agreement ”hasthemeaningassignedtosuchtermintherecitalstothisAgreement.

“General Partner ”meansAmericanMidstreamGPanditssuccessorsandpermittedassignsthatareadmittedtothePartnershipasgeneralpartnerofthePartnership,initscapacityasgeneralpartnerofthePartnership(exceptasthecontextotherwiserequires).

“General Partner Interest ”meanstheownershipinterestoftheGeneralPartnerinthePartnership(initscapacityasageneralpartnerwithoutreferencetoanyLimitedPartnerInterestheldbyit)thatisevidencedbyNotionalGeneralPartnerUnitsandincludesanyandallbenefitstowhichtheGeneralPartnerisentitledasprovidedinthisAgreement,togetherwithallobligationsoftheGeneralPartnertocomplywiththetermsandprovisionsofthisAgreement.

“GP Assets ”hasthemeaningassignedtosuchterminSection6.1(d)(xiii).

“Gross Liability Value ”means,withrespecttoanyLiabilityofthePartnershipdescribedinTreasuryRegulationSection1.752-7(b)(3)(i),theamountofcashthatawillingassignorwouldpaytoawillingassigneetoassumesuchLiabilityinanarm’slengthtransaction.

“Group ”meansaPersonthatwithorthroughanyofitsAffiliatesorAssociateshasanycontract,arrangement,understandingorrelationshipforthepurposeofacquiring,holding,voting(exceptvotingpursuanttoarevocableproxyorconsentgiventosuchPersoninresponsetoaproxyorconsentsolicitationmadeto10ormorePersons),exercisinginvestmentpowerordisposingofanyPartnershipInterestswithanyotherPersonthatbeneficiallyowns,orwhoseAffiliatesorAssociatesbeneficiallyown,directlyorindirectly,PartnershipInterests.

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“Group Member ”meansamemberofthePartnershipGroup.

“Group Member Agreement ”meansthepartnershipagreementofanyGroupMember,otherthanthePartnership,thatisalimitedorgeneralpartnership,thelimitedliabilitycompanyagreementofanyGroupMemberthatisalimitedliabilitycompany,thecertificateofincorporationandbylawsorsimilarorganizationaldocumentsofanyGroupMemberthatisacorporation,thejointventureagreementorsimilargoverningdocumentofanyGroupMemberthatisajointventureandthegoverningororganizationalorsimilardocumentsofanyotherGroupMemberthatisaPersonotherthanalimitedorgeneralpartnership,limitedliabilitycompany,corporationorjointventure,assuchmaybeamended,supplementedorrestatedfromtimetotime.

“Holder ”asusedinSection7.12,hasthemeaningassignedtosuchterminSection7.12(a).

“Holdings ”meanseachofSouthcrossHoldingsanditspermittedtransfereesofSeriesEPreferredUnitsthatistheregisteredholderofanySeriesEPreferredUnits.

“HPIP ”meansHighPointInfrastructurePartners,LLC,aDelawarelimitedliabilitycompany.

“HPIP Equity Interest ”meansanon-votingLimitedPartnerInterest,whichLimitedPartnerInterestwillconferupontheholderthereofonlytherightsandobligationsspecificallyprovidedinthisAgreementwithrespecttotheHPIPEquityInterest(andnootherrightsotherwiseavailabletoorotherobligationofaholderofaPartnershipInterest).NotwithstandinganythinginthisAgreementtothecontrary,theholderoftheHPIPEquityInterestshallnotbeentitledtovotesuchHPIPEquityInterestonanyPartnershipmatterexceptasmayotherwiseberequiredbylaw.

“IDR Reset Common Unit ”hasthemeaningassignedtosuchterminSection5.11(a).

“IDR Reset Election ”hasthemeaningassignedtosuchterminSection5.11(a).

“Incentive Distribution Right ”meansaLimitedPartnerInterestissuedtoAmericanMidstreamGP,whichLimitedPartnerInterestwillconferupontheholderthereofonlytherightsandobligationsspecificallyprovidedinthisAgreementwithrespecttoIncentiveDistributionRights(andnootherrightsotherwiseavailabletoorotherobligationsofaholderofaPartnershipInterest).NotwithstandinganythingtothecontraryinthisAgreement,theholderofanIncentiveDistributionRightshallnotbeentitledtovotesuchIncentiveDistributionRightonanyPartnershipmatterexceptasmayotherwiseberequiredbylaworcontemplatedbySection11.2.

“Incentive Distributions ”meansanyamountofcashdistributedtotheholdersoftheIncentiveDistributionRights(insuchcapacity,butnotinanyothercapacity)pursuanttoSection6.4.

“Incremental Income Taxes ”hasthemeaningassignedtosuchterminSection6.9.

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“Indebtedness ”meansanyofthefollowing:(a)theprincipalofandaccruedinterestorpremium(ifany)andpremiumsorpenaltiesthatwouldariseasaresultofprepaymentof(i)anyindebtednessforborrowedmoney,(ii)anyobligationsevidencedbybonds,debentures,notesorothersimilarinstruments,and(iii)anyobligations,contingentorotherwise,underbanker’sacceptancecredit,orsimilarfacilities;(b)anyobligationstopaythedeferredpurchasepriceofpropertyorservices,excepttradeaccountspayableandothercurrentliabilitiesarisingintheordinarycourseofbusiness;(c)anyobligationswithrespecttohedging,swapsorsimilararrangements;and(d)anyguarantyofanyoftheforegoing.

“Indemnified Persons ”hasthemeaningassignedtosuchterminSection7.12(c).

“Indemnitee ”means(a)theGeneralPartner,(b)anyDepartingGeneralPartner,(c)anyPersonwhoisorwasanAffiliateoftheGeneralPartneroranyDepartingGeneralPartner,(d)anyPersonwhoisorwasamanager,managingmember,generalpartner,director,officer,employee,agent,fiduciaryortrusteeofanyGroupMember,theGeneralPartneroranyDepartingGeneralPartneroranyAffiliateofanyGroupMember,theGeneralPartneroranyDepartingGeneralPartner,(e)anyPersonwhoisorwasservingattherequestoftheGeneralPartneroranyDepartingGeneralPartneroranyAffiliateoftheGeneralPartneroranyDepartingGeneralPartnerasamanager,managingmember,generalpartner,director,officer,employee,agent,fiduciaryortrusteeofanotherPersonowingafiduciarydutytoanyGroupMember;provided thataPersonshallnotbeanIndemniteebyreasonofproviding,onafee-for-servicesbasis,trustee,fiduciaryorcustodialservices,(f)anyPersonwhocontrolsaGeneralPartnerorDepartingGeneralPartnerand(g)anyPersontheGeneralPartnerdesignatesasanIndemniteeforpurposesofthisAgreement.

“Independent Director ”meansanydirectorthat(a)isnotasecurityholder,officeroremployeeoftheGeneralPartner,(b)isnotanofficer,directororemployeeofanyAffiliateoftheGeneralPartner,(c)isnotaholderofanyownershipinterestinthePartnershipGroupotherthanCommonUnitsandawardsthatmaybegrantedtosuchdirectorundertheLongTermIncentivePlan(orsimilarplanimplementedbytheGeneralPartnerorthePartnership)and(d)meetstheindependencestandardsrequiredofdirectorswhoserveonanauditcommitteeofaboardofdirectorsestablishedbytheSecuritiesExchangeActandtherulesandregulationsoftheCommissionpromulgatedthereunderandbyanyNationalSecuritiesExchangeonwhichtheCommonUnitsarelistedoradmittedtotrading.

“Ineligible Holder ”hasthemeaningassignedsuchterminSection4.9(c).

“Initial Limited Partners ”meansAIMMidstream,theLTIPPartnersandtheGeneralPartner(withrespecttotheCommonUnitsandIncentiveDistributionRightsheldbythem).

“Initial Public Offering ”meanstheinitialofferingandsaleofCommonUnitstothepublic,asdescribedintheRegistrationStatement.

“Initial Unit Price ”means(a)withrespecttotheCommonUnits,theIPOPrice,(b)withrespecttotheSeriesBUnits(includingeachSeriesBPIKUnit),theSeriesBIssuePrice,or(c)withrespecttoanyotherclassorseriesofUnits,thepriceperUnitatwhichsuchclassorseriesofUnitsisinitiallyissuedbythePartnership,asdeterminedbytheGeneralPartner,ineachcaseadjustedastheGeneralPartnerdeterminestobeappropriatetogiveeffecttoanydistribution,subdivisionorcombinationofUnits.

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“Interest Rate Hedge Contract ”meansanyinterestrateexchange,swap,forward,cap,floorcollarorothersimilaragreementorarrangemententeredintoforthepurposeofreducingtheexposureofthePartnershipGrouptofluctuationsininterestratesintheirfinancingactivitiesandnotforspeculativepurposes.

“Interim Capital Transactions ”meansthefollowingtransactionsiftheyoccurpriortotheLiquidationDate:(a)borrowings,refinancingsorrefundingsofindebtedness(otherthanWorkingCapitalBorrowingsandotherthanforitemspurchasedonopenaccountorforadeferredpurchasepriceintheordinarycourseofbusiness)byanyGroupMemberandsalesofdebtsecuritiesofanyGroupMember;(b)salesofequityinterestsofanyGroupMember;(c)salesorothervoluntaryorinvoluntarydispositionsofanyassetsofanyGroupMemberotherthan(i)salesorotherdispositionsofinventory,accountsreceivableandotherassetsintheordinarycourseofbusiness,and(ii)salesorotherdispositionsofassetsaspartofnormalassetretirementsorreplacements;(d)theterminationofCommodityHedgeContractsorInterestRateHedgeContractspriortotherespectivespecifiedterminationdates;(e)capitalcontributionsreceivedbyaGroupMemberor,inthecaseofcapitalcontributionsreceivedbyaPersonthatisnotaSubsidiaryofthePartnership,capitalcontributionsreceivedfromtheowner(s)ormembersofsuchPersonthatisnotaGroupMember(otherthancapitalcontributionsreceivedbyaGroupMemberpursuanttotheDistributionSupportandExpenseReimbursementAgreementbyandamongthePartnership,theGeneralPartnerandMagnoliaInfrastructureHoldings,LLCdatedasofOctober23,2016orinconnectionwiththereimbursementofexpensesorintegrationcostsrelatingtothePartnership’sacquisitionofJPE);or(f)corporatereorganizationsorrestructurings.

“Investment Capital Expenditures ”meanscapitalexpendituresotherthanMaintenanceCapitalExpendituresandExpansionCapitalExpenditures.InvestmentCapitalExpenditureswillincludecashcontributedbyaGroupMembertoanentityofwhichsuchGroupMemberis,oraftersuchcontributionwillbedirectlyorindirectly,anequityownertobeusedbysuchentityforcapitalexpendituresotherthanMaintenanceCapitalExpendituresandExpansionCapitalExpenditures.

“Investor ”means,collectively,HPIP,MIHandeachoftheirAffiliatesfromtimetotimethatistheregisteredholderofanySeriesAPreferredUnits,SeriesBUnits,SeriesCPreferredUnitsorSeriesDPreferredUnits.

“IPO Closing Date ”meanstheclosingdateofthesaleoftheCommonUnitsintheInitialPublicOffering.

“IPO Common Units ”meanstheCommonUnitssoldintheInitialPublicOffering.

“IPO Price ”meansthepriceperCommonUnitatwhichtheUnderwritersoffertheCommonUnitsforsaletothepublicassetforthonthecoverpageofthefinalprospectusfiledpursuanttoRule424(b)oftherulesandregulationsoftheCommissionwithrespecttotheInitialPublicOffering.

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“Junior Interests ”meansanyclassorseriesofPartnershipIntereststhat,withrespecttodistributionsonsuchPartnershipInterestsanddistributionsuponliquidationofthePartnership,ranksjuniortotheSeriesAPreferredUnits,theSeriesCPreferredUnits,SeriesDPreferredUnitsortheSeriesEPreferredUnits,includingbutnotlimitedtoGeneralPartnerInterests,CommonUnits,SeriesBUnitsandIncentiveDistributionRights.

“Liability ”meansanyliabilityorobligationofanynature,whetheraccrued,contingentorotherwise.

“Limited Partner ”means,unlessthecontextotherwiserequires,eachInitialLimitedPartner,eachAdditionalLimitedPartnerandanyDepartingGeneralPartneruponthechangeofitsstatusfromGeneralPartnertoLimitedPartnerpursuanttoSection11.3,ineachcase,insuchPerson’scapacityasalimitedpartnerofthePartnership;provided ,however ,thatwhentheterm“LimitedPartner”isusedhereininthecontextofanyvoteorotherapproval,includingArticleXIIIandArticleXIV,suchtermshallnot,solelyforsuchpurpose,includeanyholderofanIncentiveDistributionRight(solelywithrespecttoitsIncentiveDistributionRightsandnotwithrespecttoanyotherLimitedPartnerInterestheldbysuchPerson)exceptasmayberequiredbylaworcontemplatedbySection11.2.

“Limited Partner Interest ”meanstheownershipinterestofaLimitedPartnerinthePartnership,whichmaybeevidencedbyCommonUnits,SeriesAPreferredUnits,SeriesBUnits,SeriesCPreferredUnits,SeriesDPreferredUnits,SeriesEPreferredUnits,IncentiveDistributionRights,theHPIPEquityInterestorotherPartnershipInterestsoracombinationthereoforinteresttherein,andincludesanyandallbenefitstowhichsuchLimitedPartnerisentitledasprovidedinthisAgreement,togetherwithallobligationsofsuchLimitedPartnertocomplywiththetermsandprovisionsofthisAgreement;provided ,however ,thatwhentheterm“LimitedPartnerInterest”isusedhereininthecontextofanyvoteorotherapproval,includingArticleXIIIandArticleXIV,suchtermshallnot,solelyforsuchpurpose,includeanyIncentiveDistributionRightorHPIPEquityInterestexceptasmayberequiredbylaworcontemplatedbySection11.2.

“Liquidation Date ”means(a)inthecaseofaneventgivingrisetothedissolutionofthePartnershipofthetypedescribedinclauses(a)and(b)ofthefirstsentenceofSection12.2,thedateonwhichtheapplicabletimeperiodduringwhichtheholdersofOutstandingUnitshavetherighttoelecttocontinuethebusinessofthePartnershiphasexpiredwithoutsuchanelectionbeingmade,and(b)inthecaseofanyothereventgivingrisetothedissolutionofthePartnership,thedateonwhichsucheventoccurs.

“Liquidation Gain ”hasthemeaningsetforthinthedefinitionofNetTerminationGain.

“Liquidation Loss ”hasthemeaningsetforthinthedefinitionofNetTerminationLoss.

“Liquidator ”meansoneormorePersonsselectedbytheGeneralPartnertoperformthefunctionsdescribedinSection12.4asliquidatingtrusteeofthePartnershipwithinthemeaningoftheDelawareAct.

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“Long Term Incentive Plan ”meanstheLong-TermIncentivePlanoftheGeneralPartner,asmaybeamended,oranyequitycompensationplansuccessortheretoorotherwiseadoptedbytheGeneralPartnerorthePartnership.

“LTIP Partners ”meansthoseLimitedPartnersholdingonthedatehereofCommonUnitsissuedpursuanttotheLongTermIncentivePlan,inrespectofsuchCommonUnits.

“Maintenance Capital Expenditures ”meanscashexpenditures(includingexpenditures(i)fortheadditionorimprovementtoorthereplacementofthecapitalassetsownedbyanyGroupMember,(ii)fortheacquisitionofexisting,ortheconstructionordevelopmentofnew,capitalassetsor(iii)foranyintegritymanagementprogram,includingpursuanttotheGasTransmissionPipelineIntegrityManagementRule(49CFRPart192,SubpartO)andanycorrespondingruleofstatelaw)ifsuchexpendituresaremadetomaintain,includingoverthelongterm,theoperatingcapacityoroperatingincomeofthePartnershipGroup.MaintenanceCapitalExpendituresshallexcludeExpansionCapitalExpendituresorInvestmentCapitalExpenditures,butincludeinterest(andrelatedfees)ondebtincurredanddistributionsinrespectofequityissued,otherthanequityissuedintheInitialPublicOffering,ineachcase,tofinancetheconstructionordevelopmentofareplacementassetandpaidinrespectoftheperiodbeginningonthedatethataGroupMemberentersintoabindingobligationtocommenceconstructingordevelopingareplacementassetandendingontheearliertooccurofthedatethatsuchreplacementassetCommencesCommercialServiceandthedatethatsuchreplacementassetisabandonedordisposedof.Debtincurredtopayorequityissued,otherthanequityissuedintheInitialPublicOffering,tofundconstructionordevelopmentperiodinterestpayments,orsuchconstructionordevelopmentperioddistributionsinrespectofequity,shallalsobedeemedtobedebtorequity,asthecasemaybe,incurredtofinancetheconstructionordevelopmentofareplacementassetandtheincrementalIncentiveDistributionspaidrelatingtonewlyissuedequityshallbedeemedtobedistributionspaidonequityissuedtofinancetheconstructionordevelopmentofareplacementasset.MaintenanceCapitalExpenditureswillincludecashcontributedbyanyGroupMembertoanentityofwhichsuchGroupMemberis,oraftersuchcontributionwillbe,directlyorindirectly,anequityownertobeusedbysuchentityforcapitalexpendituresofthetypesdescribedinclauses(i),(ii)or(iii)above.

“Merger ”meansthemergerofJPEnergyPartnersLP,aDelawarelimitedpartnership(“JPE ”),withandintoArgoMergerSub,LLC,aDelawarelimitedliabilitycompanyandawholly-ownedsubsidiaryofthePartnership(“Merger Sub ”),withJPEsurvivingsuchmergerasawholly-ownedsubsidiaryofthePartnership,pursuanttothetermsofthatcertainMergerAgreement,datedasofOctober23,2016,byandamongthePartnership,theGeneralPartner,JPE,JPEnergyGPIILLC,MergerSubandArgoMergerGPSub,LLC.

“Merger Agreement ”hasthemeaningassignedtosuchterminSection14.1.

“MIH ”meansMagnoliaInfrastructureHoldings,LLC,aDelawarelimitedliabilitycompany.

“Minimum Quarterly Distribution ”means$0.4125perUnitperQuarter(suchamounthavingbeendeterminedbytheBoardofDirectorsatthetimeoftheInitialPublicOffering(orwithrespecttotheQuarterthatincludestheIPOClosingDate,itmeanstheproductofsuchamountmultipliedbyafraction,thenumeratorofwhichisthenumberofdaysinsuchQuarteraftertheIPOClosingDateandthedenominatorofwhichisthetotalnumberofdaysinsuchQuarter)),subjecttoadjustmentinaccordancewithSection5.11,Section6.6andSection6.9.

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“National Securities Exchange ”meansanexchangeregisteredwiththeCommissionunderSection6(a)oftheSecuritiesExchangeActandanysuccessortosuchstatute.

“Net Agreed Value ”means,(a)inthecaseofanyContributedProperty,theAgreedValueofsuchpropertyreducedbyanyLiabilityeitherassumedbythePartnershipuponsuchcontributionortowhichsuchpropertyissubjectwhencontributed,and(b)inthecaseofanypropertydistributedtoaPartnerbythePartnership,thePartnership’sCarryingValueofsuchproperty(asadjustedpursuanttoSection5.5(d))atthetimesuchpropertyisdistributed,reducedbyanyLiabilityeitherassumedbysuchPartneruponsuchdistributionortowhichsuchpropertyissubjectatthetimeofdistribution,ineithercase,asdeterminedandrequiredbyTreasuryRegulationspromulgatedunderSection704(b)oftheCode.

“Net Income ”means,foranytaxableperiod,theexcess,ifany,ofthePartnership’sitemsofincomeandgain(otherthanthoseitemstakenintoaccountinthecomputationofNetTerminationGainorNetTerminationLoss)forsuchtaxableperiodoverthePartnership’sitemsoflossanddeduction(otherthanthoseitemstakenintoaccountinthecomputationofNetTerminationGainorNetTerminationLoss)forsuchtaxableperiod.TheitemsincludedinthecalculationofNetIncomeshallbedeterminedinaccordancewithSection5.5(b)andshallnotincludeanyitemsspeciallyallocatedunderSection6.1(d);provided ,thatthedeterminationoftheitemsthathavebeenspeciallyallocatedunderSection6.1(d)shallbemadewithoutregardtoanyreversalofsuchitemsunderSection6.1(d)(xii).

“Net Loss ”means,foranytaxableperiod,theexcess,ifany,ofthePartnership’sitemsoflossanddeduction(otherthanthoseitemstakenintoaccountinthecomputationofNetTerminationGainorNetTerminationLoss)forsuchtaxableperiodoverthePartnership’sitemsofincomeandgain(otherthanthoseitemstakenintoaccountinthecomputationofNetTerminationGainorNetTerminationLoss)forsuchtaxableperiod.TheitemsincludedinthecalculationofNetLossshallbedeterminedinaccordancewithSection5.5(b)andshallnotincludeanyitemsspeciallyallocatedunderSection6.1(d);provided ,thatthedeterminationoftheitemsthathavebeenspeciallyallocatedunderSection6.1(d)shallbemadewithoutregardtoanyreversalofsuchitemsunderSection6.1(d)(xii).

“Net Positive Adjustments ”means,withrespecttoanyPartner,theexcess,ifany,ofthetotalpositiveadjustmentsoverthetotalnegativeadjustmentsmadetotheCapitalAccountofsuchPartnerpursuanttoBook-UpEventsandBook-DownEvents.

“Net Termination Gain ”means,foranytaxableperiod,thesum,ifpositive,ofallitemsofincome,gain,lossordeduction(a)recognizedbythePartnership(i)aftertheLiquidationDate(“Liquidation Gain ”)or(ii)uponthesale,exchangeorotherdispositionofallorsubstantiallyalloftheassetsofthePartnershipGroup,takenasawhole,inasingletransactionorseriesofrelatedtransactions(excludinganydispositiontoamemberofthePartnershipGroup)(“Sale Gain ”)or(b)deemedrecognizedbythePartnershipGrouppursuanttoSection5.5(d);provided ,however thattheitemsincludedinthedeterminationofNetTerminationGainshallbedeterminedinaccordancewithSection5.5(b)andshallnotincludeanyitemsofincome,gainorlossspeciallyallocatedunderSection6.1(d)orunderSection5.12(b)(iv),Section5.14(b)(iv),Section5.15(b)(iv)orSection5.16(b)(iv).

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“Net Termination Loss ”means,foranytaxableperiod,thesum,ifnegative,ofallitemsofincome,gain,lossordeduction(a)recognizedbythePartnership(i)aftertheLiquidationDate(“Liquidation Loss ”)or(ii)uponthesale,exchangeorotherdispositionofallorsubstantiallyalloftheassetsofthePartnershipGroup,takenasawhole,inasingletransactionorseriesofrelatedtransactions(excludinganydispositiontoamemberofthePartnershipGroup)(“Sale Loss ”)or(b)deemedrecognizedbythePartnershipGrouppursuanttoSection5.5(d);provided ,however theitemsincludedinthedeterminationofNetTerminationLossshallbedeterminedinaccordancewithSection5.5(b)andshallnotincludeanyitemsofincome,gainorlossspeciallyallocatedunderSection6.1(d)orunderSection5.12(b)(iv),Section5.14(b)(iv),Section5.15(b)(iv)orSection5.16(b)(iv).

“New Credit Agreement ”meanstheAmendedandRestatedCreditAgreement,datedasofSeptember5,2014,asamendedfromtimetotime,byandamongtheOperatingCompany,asAMIDBorrower,BlackwaterInvestments,Inc.,asBlackwaterBorrower,thePartnership,asParent,BankofAmerica,N.A.,asAdministrativeAgent,CollateralAgentandL/CIssuer,WellsFargoBank,NationalAssociation,asSyndicationAgents,BBVACompass,CapitalOneNationalAssociation,Citibank,N.A.,ComericaBankandSuntrustBank,asCo-DocumentationAgent,andtheotherfinancialinstitutionspartythereto,andanyadditionalcreditagreement,indentureordebtinstrumenttowhichthePartnershiporanyofitssubsidiariesarepartyfromtimetotime.

“Noncompensatory Option ”hasthemeaningsetforthinTreasuryRegulationSection1.721-2(f)andincludes,fortheavoidanceofdoubt,theOptionandallWarrants.

“Nonrecourse Built-in Gain ”meanswithrespecttoanyContributedPropertiesorAdjustedPropertiesthataresubjecttoamortgageorpledgesecuringaNonrecourseLiability,theamountofanytaxablegainthatwouldbeallocatedtothePartnerspursuanttoSection6.2(b).Ifsuchpropertiesweredisposedofinataxabletransactioninfullsatisfactionofsuchliabilitiesandfornootherconsideration.

“Nonrecourse Deductions ”meansanyandallitemsofloss,deductionorexpenditure(includinganyexpendituredescribedinSection705(a)(2)(B)oftheCode)that,inaccordancewiththeprinciplesofTreasuryRegulationSection1.704-2(b),areattributabletoaNonrecourseLiability.

“Nonrecourse Liability ”hasthemeaningsetforthinTreasuryRegulationSection1.752-1(a)(2).

“Notice of Election to Purchase ”hasthemeaningassignedtosuchterminSection15.1(b).

“Notional General Partner Unit ”meansnotionalunitsusedsolelytocalculatetheGeneralPartner’sPercentageInterest.NotionalGeneralPartnerUnitsshallnotconstitute“Units”foranypurposeofthisAgreement.AsofApril21,2016,therewere542,002Notional

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GeneralPartnerUnits(resultingintheGeneralPartner’sPercentageInterestbeing1.3240%).IftheGeneralPartnermakesadditionalCapitalContributionspursuanttoSection5.2(a)tomaintainitsPercentageInterest,thenumberofNotionalGeneralPartnerUnitsshallbeincreasedproportionallytoreflectthemaintenanceofsuchPercentageInterest.

“Operating Company ”meansAmericanMidstream,LLC,aDelawarelimitedliabilitycompany,andanysuccessorsthereto.

“Operating Expenditures ”meansallPartnershipGroupcashexpenditures(orthePartnership’sproportionateshareofexpendituresinthecaseofSubsidiariesthatarenotwhollyowned),includingtaxes,reimbursementsofexpensesoftheGeneralPartneranditsAffiliates,interestpayments,paymentsmadeintheordinarycourseofbusinessunderInterestRateHedgeContractsandCommodityHedgeContracts(providedthatpaymentsmadeinconnectionwiththetermination(effectedonoraftertheIPOClosingDate)ofanyInterestRateHedgeContractorCommodityHedgeContractpriortotheexpirationofitsstipulatedsettlementorterminationdateshallbeincludedinOperatingExpendituresinequalquarterlyinstallmentsovertheremainingscheduledlifeofsuchInterestRateHedgeContractorCommodityHedgeContract),EstimatedMaintenanceCapitalExpenditures,directorandofficercompensation,repaymentofWorkingCapitalBorrowingsandnon-ProRatarepurchasesofUnits(otherthanthosemadewiththeproceedsofanInterimCapitalTransaction),subjecttothefollowing:

(c)deemedrepaymentsofWorkingCapitalBorrowingsdeductedfromOperatingSurpluspursuanttoclause(b)(iii)ofthedefinitionof“OperatingSurplus”shallnotconstituteOperatingExpenditureswhenactuallyrepaid;

(d)payments(includingprepaymentsandprepaymentpenalties)ofprincipalofandpremiumonindebtednessotherthanWorkingCapitalBorrowingsshallnotconstituteOperatingExpenditureswhenactuallyrepaid;

(e)OperatingExpendituresshallnotinclude(i)ExpansionCapitalExpenditures,(ii)InvestmentCapitalExpenditures,(iii)actualMaintenanceCapitalExpenditures,(iv)paymentoftransactionexpenses(includingtaxes)relatingtoInterimCapitalTransactions,(v)distributionstoPartners(includinganydistributionsmadepursuanttoSection6.4(a)),(vi)non-ProRatapurchasesoftheUnitsofanyclassmadewiththeproceedsofanInterimCapitalTransactionor(vii)anyotherpaymentsmadeinconnectionwiththeInitialPublicOfferingthataredescribedunder“UseofProceeds”intheRegistrationStatement;and

(f)wherecapitalexpendituresaremadeinpartforMaintenanceCapitalExpendituresandinpartforotherpurposes,theGeneralPartner,withtheconcurrenceoftheConflictsCommittee,shalldeterminetheallocationofsuchcapitalexpendituresbetweenMaintenanceCapitalExpendituresandcapitalexpendituresmadeforotherpurposesand,withrespecttothepartofsuchcapitalexpendituresconsistingofMaintenanceCapitalExpenditures,theperiodoverwhichMaintenanceCapitalExpenditureswillbedeductedasanOperatingExpenditureincalculatingOperatingSurplus.

“Operating Surplus ”means,withrespecttoanyperiodcommencingontheIPOClosingDateandendingpriortotheLiquidationDate,onacumulativebasisandwithoutduplication,

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(g)thesumof:

(i)$11.5million;

(ii)allcashreceiptsofthePartnershipGroup(orthePartnership’sproportionateshareofcashreceiptsinthecaseofSubsidiariesthatarenotwhollyowned)fortheperiodbeginningontheIPOClosingDateandendingonthelastdayofsuchperiod,butexcludingcashreceiptsfromInterimCapitalTransactions(excepttotheextentspecifiedinSection6.5andprovidedthatcashreceiptsfromthetermination(effectedonoraftertheIPOClosingDate)ofaCommodityHedgeContractoranInterestRateHedgeContractpriortoitsspecifiedterminationdateshallbeincludedinOperatingSurplusinequalquarterlyinstallmentsovertheremainingscheduledlifeofsuchCommodityHedgeContractorInterestRateHedgeContract);

(iii)allcashreceiptsofthePartnershipGroup(orthePartnership’sproportionateshareofcashreceiptsinthecaseofSubsidiariesthatarenotwhollyowned)aftertheendofsuchperiodbutonorbeforethedateofdeterminationofOperatingSurpluswithrespecttosuchperiodresultingfromWorkingCapitalBorrowings;and

(iv)cashdistributionspaidonequityissuedtofinancealloraportionoftheconstruction,acquisition,developmentorimprovementofaCapitalImprovementorreplacementofacapitalasset(suchasequipmentorfacilities)inrespectoftheperiodbeginningonthedatethattheGroupMemberentersintoabindingobligationtocommencetheconstruction,acquisition,developmentorimprovementofaCapitalImprovementorreplacementofacapitalassetandendingontheearliertooccurofthedatetheCapitalImprovementorcapitalassetCommencesCommercialServiceorthedatethatitisabandonedordisposedof(equityissuedtofundconstruction-,acquisition-,development-orimprovement-periodinterestpaymentsondebtincurred,orconstruction-,acquisition-,development-orimprovement-perioddistributionsonequityissued,tofinancetheconstruction,acquisitionordevelopmentofaCapitalImprovementorreplacementofacapitalassetshallalsobedeemedtobeequityissuedtofinancetheconstruction,acquisitionordevelopmentofaCapitalImprovementorreplacementofacapitalassetforpurposesofthisclause(iv));less

(h)thesumof:

(i)OperatingExpendituresfortheperiodbeginningontheIPOClosingDateandendingonthelastdayofsuchperiod;

(ii)theamountofcashreserves(orthePartnership’sproportionateshareofcashreservesinthecaseofSubsidiariesthatarenotwhollyowned)establishedbytheGeneralPartneraftertheIPOClosingDatetoprovidefundsforfutureOperatingExpenditures;and

(iii)allWorkingCapitalBorrowingsincurredonoraftertheIPOClosingDatenotrepaidwithintwelvemonthsafterhavingbeenincurred;provided ,however ,thatdisbursementsmade(includingcontributionstoaGroupMemberordisbursementsonbehalfofaGroupMember)orcashreservesestablished,increasedor

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reducedaftertheendofsuchperiodbutonorbeforethedateofdeterminationofAvailableCashwithrespecttosuchperiodshallbedeemedtohavebeenmade,established,increasedorreduced,forpurposesofdeterminingOperatingSurplus,withinsuchperiodiftheGeneralPartnersodetermines.

Notwithstandingtheforegoing,“OperatingSurplus”withrespecttotheQuarterinwhichtheLiquidationDateoccursandanysubsequentQuartershallequalzero.CashreceiptsfromanInvestmentCapitalExpenditureshallbetreatedascashreceiptsonlytotheextenttheyareareturnonprincipal,butinnoeventshallareturnofprincipalbetreatedascashreceipts.

“Opinion of Counsel ”meansawrittenopinionofcounsel(whomayberegularcounseltothePartnershiportheGeneralPartneroranyofitsAffiliates)acceptabletotheGeneralPartner.

“Option ”meansthatcertainoptiontopurchaseupto4,5000,000CommonUnitswitha$18.50perCommonUnitexerciseprice,issuedpursuanttotherequirementsoftheContributionAgreement,whichoption,ifissued,fortaxpurposes,shallbetreatedasa“noncompensatoryoption”withinthemeaningofTreasuryRegulationsSections1.721-2(f)and1.761-3(b)(2)andnottreatedasapartnershipinterestpursuanttoTreasuryRegulationsSection1.761-3(a).

“Option Unit ”meansaCommonUnitissueduponexerciseoftheOption.

“Outstanding ”means,withrespecttoPartnershipInterests,allPartnershipIntereststhatareissuedbythePartnershipandreflectedasoutstandingonthePartnership’sbooksandrecordsasofthedateofdetermination;provided ,however ,thatifatanytimeanyPersonorGroup(otherthantheGeneralPartneroritsAffiliates)beneficiallyowns20%ormoreoftheOutstandingPartnershipInterestsofanyclassthenOutstanding,allPartnershipInterestsownedbysuchPersonorGroupshallnotbevotedonanymatterandshallnotbeconsideredtobeOutstandingwhensendingnoticesofameetingofLimitedPartnerstovoteonanymatter(unlessotherwiserequiredbylaw),calculatingrequiredvotes,determiningthepresenceofaquorumorforothersimilarpurposesunderthisAgreement,exceptthatUnitssoownedshallbeconsideredtobeOutstandingforpurposesofSection11.1(b)(iv)(suchUnitsshallnot,however ,betreatedasaseparateclassofPartnershipInterestsforpurposesofthisAgreementortheDelawareAct);provided, further ,thattheforegoinglimitationshallnotapplyto(i)anyPersonorGroupwhoacquired20%ormoreoftheOutstandingPartnershipInterestsofanyclassthenOutstandingdirectlyfromtheGeneralPartneroritsAffiliates(otherthanthePartnership),(ii)anyPersonorGroupwhoacquired20%ormoreoftheOutstandingPartnershipInterestsofanyclassthenOutstandingdirectlyorindirectlyfromaPersonorGroupdescribedinclause(i)providedthattheGeneralPartnershallhavenotifiedsuchPersonorGroupinwritingthatsuchlimitationshallnotapply,or(iii)anyPersonorGroupwhoacquired20%ormoreofanyPartnershipInterestsissuedbythePartnershipwiththepriorapprovaloftheBoardofDirectors.Fortheavoidanceofdoubt,(1)theBoardofDirectorshasapprovedtheissuanceoftheSeriesAPreferredUnitstotheInvestorpursuanttotheContributionAgreementinaccordancewithclause(iii)oftheimmediatelyprecedingsentence,andanySeriesAPIKPreferredUnitsandSeriesAConversionUnitsissuedtotheInvestorshallbedeemedtobeapprovedbytheBoardofDirectorsinaccordancewithclause(iii)oftheimmediatelyprecedingsentenceandtheforegoinglimitationsoftheimmediatelyprecedingsentenceshallnotapplytotheInvestorwithrespecttotheir

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ownership(beneficiallyorofrecord)oftheSeriesAPreferredUnits,SeriesAPIKPreferredUnitsandSeriesAConversionUnits,(2)theBoardofDirectorshasapprovedtheissuanceoftheSeriesBUnitstotheInvestorpursuanttotheSeriesBUnitPurchaseAgreementinaccordancewithclause(iii)oftheimmediatelyprecedingsentence,andanySeriesBUnits,SeriesBPIKUnitsandSeriesBConversionUnitsissuedtotheInvestorshallbedeemedtobeapprovedbytheBoardofDirectorsinaccordancewithclause(iii)oftheimmediatelyprecedingsentenceandtheforegoinglimitationsoftheimmediatelyprecedingsentenceshallnotapplytotheInvestorwithrespecttotheirownership(beneficiallyorofrecord)oftheSeriesBUnits,SeriesBPIKUnitsandSeriesBConversionUnits,(3)theBoardofDirectorshasapprovedtheissuanceoftheSeriesCPreferredUnitstoInvestorpursuanttotheSeriesCUnitPurchaseAgreementinaccordancewithclause(iii)oftheimmediatelyprecedingsentence,andanySeriesCPIKPreferredUnitsandSeriesCConversionUnitsissuedtoInvestorshallbedeemedtobeapprovedbytheBoardofDirectorsinaccordancewithclause(iii)oftheimmediatelyprecedingsentenceandtheforegoinglimitationsoftheimmediatelyprecedingsentenceshallnotapplytoInvestorwithrespecttotheirownership(beneficiallyorofrecord)oftheSeriesCPreferredUnits,SeriesCPIKPreferredUnitsandSeriesCConversionUnits,(4)theBoardofDirectorshasapprovedtheissuanceoftheSeriesDPreferredUnitstoInvestorpursuanttotheSeriesDUnitPurchaseAgreementinaccordancewithclause(iii)oftheimmediatelyprecedingsentence,andanySeriesDConversionUnitsissuedtoInvestorshallbedeemedtobeapprovedbytheBoardofDirectorsinaccordancewithclause(iii)oftheimmediatelyprecedingsentenceandtheforegoinglimitationsoftheimmediatelyprecedingsentenceshallnotapplytoInvestorwithrespecttotheirownership(beneficiallyorofrecord)oftheSeriesDPreferredUnitsandSeriesDConversionUnits,(5)theBoardofDirectorshasapprovedtheissuanceoftheSeriesEPreferredUnitstoHoldingspursuanttotheContributionAgreementinaccordancewithclause(iii)oftheimmediatelyprecedingsentence,andanySeriesEPIKPreferredUnitsandSeriesEConversionUnitsissuedtoHoldingsshallbedeemedtobeapprovedbytheBoardofDirectorsinaccordancewithclause(iii)oftheimmediatelyprecedingsentenceandtheforegoinglimitationsoftheimmediatelyprecedingsentenceshallnotapplytoHoldingswithrespecttotheirownership(beneficiallyorofrecord)oftheSeriesEPreferredUnits,SeriesEPIKPreferredUnitsandSeriesEConversionUnits,(6)theBoardofDirectorshasapprovedtheissuanceofanyWarrantExercisedUnitsuponexerciseoftheWarrantsinaccordancewithclause(iii)oftheimmediatelyprecedingsentence,andanyWarrantExercisedUnitsissuedtoInvestorshallbedeemedtobeapprovedbytheBoardofDirectorsinaccordancewithclause(iii)oftheimmediatelyprecedingsentenceandtheforegoinglimitationsoftheimmediatelyprecedingsentenceshallnotapplytoInvestorwithrespecttotheirownership(beneficiallyorofrecord)oftheWarrantExercisedUnits,and(7)theBoardofDirectorshasapprovedtheissuanceofanyOptionUnitsuponexerciseoftheOptioninaccordancewithclause(iii)oftheimmediatelyprecedingsentence,andanyOptionUnitsissuedtoHoldingsshallbedeemedtobeapprovedbytheBoardofDirectorsinaccordancewithclause(iii)oftheimmediatelyprecedingsentenceandtheforegoinglimitationsoftheimmediatelyprecedingsentenceshallnotapplytoHoldingswithrespecttotheirownership(beneficiallyorofrecord)oftheOptionUnits.

“Partner Nonrecourse Debt ”hasthemeaningsetforthinTreasuryRegulationSection1.704-2(b)(4).

“Partner Nonrecourse Debt Minimum Gain ”hasthemeaningsetforthinTreasuryRegulationSection1.704-2(i)(2).

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“Partner Nonrecourse Deductions ”meansanyandallitemsofloss,deductionorexpenditure(includinganyexpendituredescribedinSection705(a)(2)(B)oftheCode)that,inaccordancewiththeprinciplesofTreasuryRegulationSection1.704-2(i),areattributabletoaPartnerNonrecourseDebt.

“Partners ”meanstheGeneralPartnerandtheLimitedPartners.

“Partnership ”meansAmericanMidstreamPartners,LP,aDelawarelimitedpartnership.

“Partnership Event ”hasthemeaningassignedtosuchterminSection5.12(b)(viii)(F)(1).

“Partnership Group ”meanscollectivelythePartnershipanditsSubsidiaries.

“Partnership Interest ”meansanyclassorseriesofequityinterestinthePartnership,whichshallincludeanyGeneralPartnerInterestandLimitedPartnerInterestsbutshallexcludeanyoptions,rights,warrantsandappreciationrightsrelatingtoanequityinterestinthePartnership.

“Partnership Minimum Gain ”meansthatamountdeterminedinaccordancewiththeprinciplesofTreasuryRegulationSection1.704-2(d).

“Per Unit Capital Amount ”means,asofanydateofdetermination,theCapitalAccount,statedonaper-Unitbasis,underlyinganyUnitheldbyaPersonotherthantheGeneralPartneroranyAffiliateoftheGeneralPartnerwhoholdsUnits.

“Percentage Interest ”meansasofanydateofdetermination(a)astotheGeneralPartnerInterest(calculatedbaseduponanumberofNotionalGeneralPartnerUnits),andastoanyUnitholderwithrespecttoUnits,theproductobtainedbymultiplying(i)100%lessthepercentageapplicabletoclause(b)belowby(ii)thequotientobtainedbydividing(A)thenumberofNotionalGeneralPartnerUnitsheldbytheGeneralPartnerorthenumberofOutstandingUnitsheldbysuchUnitholder(or,(1)inthecaseofOutstandingSeriesAPreferredUnits,thenumberofSeriesAConversionUnitsissuableuponconversionofsuchSeriesAPreferredUnitsheldbysuchUnitholderorAssigneeifsuchSeriesAPreferredUnitswerethenconvertedinaccordancewithSection5.12(b)(viii),(2)inthecaseofOutstandingSeriesBUnits,thenumberofSeriesBConversionUnitsissuableuponconversionofsuchSeriesBUnitsheldbysuchUnitholderorAssigneeifsuchSeriesBUnitswerethenconvertedinaccordancewithSection5.13(c),(3)inthecaseofOutstandingSeriesCPreferredUnits,thenumberofSeriesCConversionUnitsissuableuponconversionofsuchSeriesCPreferredUnitsheldbysuchUnitholderorAssigneeifsuchSeriesCPreferredUnitswerethenconvertedinaccordancewithSection5.14(b)(viii),(4)inthecaseofOutstandingSeriesDPreferredUnits,thenumberofSeriesDConversionUnitsissuableupontheconversionofsuchSeriesDPreferredUnitsheldbysuchUnitholderorAssigneeifsuchSeriesDPreferredUnitswerethenconvertedinaccordancewithSection5.15(b)(viii),or(5)inthecaseofOutstandingSeriesEPreferredUnits,thenumberofSeriesEConversionUnitsissuableuponconversionofsuchSeriesEPreferredUnitsheldbysuchUnitholderorAssigneeifsuchSeriesEPreferredUnitswerethenconvertedinaccordancewithSection5.16(b)(viii),asthecasemaybe)by(B)thesumofthetotalnumberofOutstandingUnits(or,(1)inthecaseofOutstandingSeriesAPreferredUnits,thenumberofSeriesA

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ConversionUnitsissuableuponconversionofsuchSeriesAPreferredUnitsifsuchSeriesAPreferredUnitswerethenconvertedinaccordancewithSection5.12(b)(viii),(2)inthecaseofOutstandingSeriesBUnits,thenumberofSeriesBConversionUnitsissuableuponconversionofsuchSeriesBUnitsifsuchSeriesBUnitswerethenconvertedinaccordancewithSection5.13(c),(3)inthecaseofOutstandingSeriesCPreferredUnits,thenumberofSeriesCConversionUnitsissuableuponconversionofsuchSeriesCPreferredUnitsifsuchSeriesCPreferredUnitswerethenconvertedinaccordancewithSection5.14(b)(viii),(4)inthecaseofOutstandingSeriesDPreferredUnits,thenumberofSeriesDConversionUnitsissuableupontheconversionofsuchSeriesDPreferredUnitsifsuchSeriesDPreferredUnitswerethenconvertedinaccordancewithSection5.15(b)(viii),or(5)inthecaseofOutstandingSeriesEPreferredUnits,thenumberofSeriesEConversionUnitsissuableuponconversionofsuchSeriesEPreferredUnitsifsuchSeriesEPreferredUnitswerethenconvertedinaccordancewithSection5.16(b)(viii),asthecasemaybe)plustheNotionalGeneralPartnerUnits,and(b)astotheholdersofotherPartnershipInterestsissuedbythePartnershipinaccordancewithSection5.6,thepercentageestablishedasapartofsuchissuance.ThePercentageInterestwithrespecttoanIncentiveDistributionRightshallatalltimesbezero.ThePercentageInterestwithrespecttotheHPIPEquityInterestshallatalltimesbezero.

“Person ”meansanindividualoracorporation,firm,limitedliabilitycompany,partnership,jointventure,trust,unincorporatedorganization,association,governmentagencyorpoliticalsubdivisionthereoforotherentity.

“Post-Initial Issuance Series B Unit ”meansaSeriesBUnitthatisaSeriesBPIKUnitoraSeriesBConversionUnit.

“Preferred Unit Change of Control ”meanstheoccurrenceofanyofthefollowing:

(i)thedirectorindirectsale,lease,transfer,conveyanceorotherdisposition(otherthanbywayofmerger,consolidationorbusinesscombination),inoneoraseriesofrelatedtransactions,ofallorsubstantiallyallofthepropertiesorassetsofthePartnershipanditsSubsidiariestakenasawholetoany“person”(asthattermisusedinSection13(d)(3)oftheExchangeAct);

(j)(i)theadoptionofaplanfortheliquidationordissolutionofthePartnershipor(ii)theremovaloftheGeneralPartnerbytheLimitedPartnersofthePartnership;

(k)theconsummationofanytransaction(including,withoutlimitation,anymerger,consolidationorbusinesscombination),theresultofwhichisthatanyPerson(excludingtheSeriesAPreferredUnitPartner,theSeriesCPreferredUnitPartner,theSeriesDPreferredUnitPartnerandtheSeriesEPreferredUnitPartner),otherthantheownersoftheGeneralPartnerimmediatelyfollowingtheclosingofthetransactionscontemplatedbythePurchaseAgreement,becomesthebeneficialowner,directlyorindirectly,ofmorethanfiftypercent(50%)oftheequityoftheGeneralPartneroroftheOutstandingCommonUnitsofthePartnership,ineachcasemeasuredbyvotingpowerratherthannumberofunits;

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(l)notwithstandinganythingprovidedinclauses(a)through(c)above,(i)anydirectorindirectsale,conveyance,assignment,transfer,merger,consolidationorbusinesscombinationthatwouldresultintheownersoftheGeneralPartnerimmediatelyfollowingtheclosingofthetransactionscontemplatedbythePurchaseAgreementowning,directlyorindirectly,lessthanfiftypercent(50%)oftheequityoftheGeneralPartner,or(ii)anyassignmentortransferofallorsubstantiallyalloftheassetsoftheGeneralPartner;or

(m)consummationofa“Rule13e-3transaction”asdefinedinRule13e-3undertheExchangeActwithrespecttothePartnership.

“Pro Rata ”means(a)whenusedwithrespecttoUnitsoranyclassthereof,apportionedamongalldesignatedUnitsinaccordancewiththeirrelativePercentageInterests,(b)whenusedwithrespecttoPartnersand/orRecordHolders,apportionedamongallPartnersand/orRecordHoldersinaccordancewiththeirrelativePercentageInterestsand(c)whenusedwithrespecttoholdersofIncentiveDistributionRights,apportionedamongallholdersofIncentiveDistributionRightsinaccordancewiththerelativenumberorpercentageofIncentiveDistributionRightsheldbyeachsuchholder.

“Purchase Agreement ”meansthePurchaseAgreement,datedApril15,2013,byandbetweenAIMMidstreamandHPIP.

“Purchase Date ”meansthedatedeterminedbytheGeneralPartnerasthedateforpurchaseofallOutstandingLimitedPartnerInterestsofacertainclass(otherthanLimitedPartnerInterestsownedbytheGeneralPartneranditsAffiliates)pursuanttoArticleXV.

“Quarter ”means,unlessthecontextrequiresotherwise,afiscalquarterofthePartnership,or,withrespecttothefiscalquarterofthePartnershipthatincludestheIPOClosingDate,theportionofsuchfiscalquarteraftertheIPOClosingDate.

“Rate Eligibility Trigger ”hasthemeaningassignedtosuchterminSection4.9(a)(i).

“Recapture Income ”meansanygainrecognizedbythePartnership(computedwithoutregardtoanyadjustmentrequiredbySection734orSection743oftheCode)uponthedispositionofanypropertyorassetofthePartnership,whichgainischaracterizedasordinaryincomebecauseitrepresentstherecaptureofdeductionspreviouslytakenwithrespecttosuchpropertyorasset.

“Record Date ”meansthedateestablishedbytheGeneralPartnerorotherwiseinaccordancewiththisAgreementfordetermining(i)theidentityoftheRecordHoldersentitledtonoticeof,ortovoteat,anymeetingofLimitedPartnersorentitledtovotebyballotorgiveapprovalofPartnershipactioninwritingwithoutameetingorentitledtoexerciserightsinrespectofanylawfulactionofLimitedPartners,(ii)theidentityofRecordHoldersentitledtoreceiveanyreportordistributionortoparticipateinanyoffer,(iii)theidentityoftheRecordHoldersofSeriesAPreferredUnitsentitledtoconvertsuchUnits,(iv)theidentityoftheRecordHoldersofSeriesBUnitsentitledtoconvertsuchUnits,(v)theidentityoftheRecordHoldersofSeriesCPreferredUnitsentitledtoconvertsuchUnits,(vi)theidentityoftheRecordHoldersofSeriesDPreferredUnitsentitledtoconvertsuchUnits,or(vii)theidentityoftheRecordHoldersofSeriesEPreferredUnitsentitledtoconvertsuchUnits.

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“Record Holder ”means(a)withrespecttoPartnershipInterestsofanyclassofPartnershipInterestsforwhichaTransferAgenthasbeenappointed,thePersoninwhosenameaPartnershipInterestofsuchclassisregisteredonthebooksoftheTransferAgentasoftheclosingofbusinessonaparticularBusinessDay,or(b)withrespecttootherclassesofPartnershipInterests,thePersoninwhosenameanysuchotherPartnershipInterestisregisteredonthebooksthattheGeneralPartnerhascausedtobekeptasoftheclosingofbusinessonsuchBusinessDay.

“Redeemable Interests ”meansanyPartnershipInterestsforwhicharedemptionnoticehasbeengiven,andhasnotbeenwithdrawn,pursuanttoSection4.10.

“Registration Statement ”meanstheRegistrationStatementonFormS-1(RegistrationNo.333-173191)asithasbeenorasitmaybeamendedorsupplementedfromtimetotime,filedbythePartnershipwiththeCommissionundertheSecuritiesActtoregistertheofferingandsaleofCommonUnitsintheInitialPublicOffering.

“Remaining Net Positive Adjustments ”meansasoftheendofanytaxableperiod,(i)withrespecttotheUnitholdersholdingCommonUnits,SeriesAPreferredUnits,SeriesBUnits,SeriesCPreferredUnits,SeriesDPreferredUnitsorSeriesEPreferredUnits,theexcessof(A)theNetPositiveAdjustmentsoftheUnitholdersholdingCommonUnits,SeriesAPreferredUnits,SeriesBUnits,SeriesCPreferredUnits,SeriesDPreferredUnitsorSeriesEPreferredUnits,asoftheendofsuchperiodover(B)thesumofthosePartners’ShareofAdditionalBookBasisDerivativeItemsforeachpriortaxableperiod,(ii)withrespecttotheGeneralPartner(asholderoftheNotionalGeneralPartnerUnits),theexcessof(A)theNetPositiveAdjustmentsoftheGeneralPartnerasoftheendofsuchperiodover(B)thesumoftheGeneralPartner’sShareofAdditionalBookBasisDerivativeItemswithrespecttotheNotionalGeneralPartnerUnitsforeachpriortaxableperiod,and(iii)withrespecttotheholdersofIncentiveDistributionRights,theexcessof(A)theNetPositiveAdjustmentsoftheholdersofIncentiveDistributionRightsasoftheendofsuchperiodover(B)thesumoftheShareofAdditionalBookBasisDerivativeItemsoftheholdersoftheIncentiveDistributionRightsforeachpriortaxableperiod.

“Required Allocations ”meansanyallocationofanitemofincome,gain,lossordeductionpursuanttoSection6.1(d)(i),Section6.1(d)(ii),Section6.1(d)(iv),Section6.1(d)(v),Section6.1(d)(vi),Section6.1(d)(vii)orSection6.1(d)(ix).

“Reset Notice ”hasthemeaningassignedtosuchterminSection5.11(b).

“Revaluation Event ”meansaneventthatresultsinadjustmentoftheCarryingValueofeachPartnershippropertypursuanttoSection5.5(d).

“Securities Act ”meanstheSecuritiesActof1933,asamended,supplementedorrestatedfromtimetotimeandanysuccessortosuchstatute.

“Securities Exchange Act ”meanstheSecuritiesExchangeActof1934,asamended,supplementedorrestatedfromtimetotimeandanysuccessortosuchstatute.

“Series A Adjusted Issue Price ”means(i)theSeriesAIssuePrice,dividedby(ii)theSeriesAConversionRate.

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“Series A Conversion Date ”hasthemeaningassignedtosuchterminSection5.12(b)(viii)(C).

“Series A Conversion Notice ”hasthemeaningassignedtosuchterminSection5.12(b)(viii)(B).

“Series A Conversion Notice Date ”hasthemeaningassignedtosuchterminSection5.12(b)(viii)(B).

“Series A Conversion Rate ”meansthenumberofCommonUnitsissuableupontheconversionofeachSeriesAPreferredUnit,whichshallbe1.0untilsuchrateisadjustedassetforthinSection5.12(b)(viii)(D)-(F).

“Series A Conversion Unit ”meanstheCommonUnit(s)issueduponconversionofaSeriesAPreferredUnitpursuanttoSection5.12.

“Series A Converting Unitholder ”meansaPersonentitledtoreceiveCommonUnitsuponconversionofanySeriesAPreferredUnits.

“Series A Distribution Amount ”meansthecashdistributionfortherelevantQuarterthateachSeriesAPreferredUnitwouldhavereceivedonanas-convertedbasisifsuchSeriesAPreferredUnithadconvertedpursuanttoSection5.12(b)(viii)immediatelypriortothebeginningofsuchQuarter.

“Series A Distribution Payment Date ”hasthemeaningassignedtosuchterminSection5.12(b)(ii)(A).

“Series A Distribution Rate ”meansanamountperQuarterperSeriesAPreferredUnitpayableinarrearsequaltothegreaterof(i)0.023571428multipliedbytheSeriesAAdjustedIssuePrice,and(ii)theSeriesADistributionAmount.

“Series A Issuance Date ”means,withrespecttoaSeriesA-1ConvertiblePreferredUnit,April15,2013,and,withrespecttoaSeriesA-2ConvertiblePreferredUnit,March30,2015orsuchotherdateasprovidedforinthatcertainSeriesA-2ConvertiblePreferredUnitPurchaseAgreementbyandbetweenthePartnershipandMIH.

“Series A Issue Price ”means$17.50perSeriesAPreferredUnit.

“Series A Liquidation Value ”means,withrespecttoeachSeriesAPreferredUnitOutstandingasofthedateofsuchdetermination,anamountequaltothesumof(i)theSeriesAIssuePrice,plus(ii)allSeriesAUnpaidCashDistributionsandallaccruedandunpaidinterestthereon(determinedinaccordancewithSection5.12(b)(ii)(C))plus,(iii)allaccruedbutunpaiddistributionsonsuchSeriesAPreferredUnitwithrespecttotheQuarterinwhichtheliquidationoccurs.

“Series A Parity Securities ”meansanyclassorseriesofPartnershipIntereststhat,withrespecttodistributionsonsuchPartnershipInterestsordistributionsuponliquidationofthePartnership,ranksparipassuwiththeSeriesAPreferredUnits.

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“Series A Partnership Event Change of Control Offer ”hasthemeaningassignedtosuchterminSection5.12(b)(viii)(F)(1).

“Series A Partnership Event Payment ”hasthemeaningassignedtosuchterminSection5.12(b)(viii)(F)(1).

“Series A Partnership Event Payment Date ”hasthemeaningassignedtosuchterminSection5.12(b)(viii)(F)(3)(ii).

“Series A PIK Payment Amount ”meansanumberofSeriesAPIKPreferredUnitsequalto(i)thegreaterof(x)$0.25and(y)theSeriesADistributionAmountless$0.25,dividedby(ii)theSeriesAAdjustedIssuePrice;provided ,however ,thatfortheQuarterinwhichtheSeriesAIssuanceDateoccurs,itshallmeananumberofSeriesAPIKPreferredUnitsequalto(i)theproductof(a)$0.25times(b)afraction,ofwhich(I)thenumeratoristhenumberofdaysfromandincludingtheSeriesAIssuanceDatetobutexcludingthedateofsuchQuarter’send,and(II)thedenominatoris91,dividedby(ii)theSeriesAAdjustedIssuePrice.ThepartiesacknowledgethattheSeriesAPIKPaymentAmountwas0.01428571ofaSeriesAPreferredUnitasofApril15,2013(suchamounttobeproratedasprovidedintheprovisooftheprecedingsentencefortheQuarterinwhichtheSeriesAIssuanceDateoccurs).

“Series A PIK Preferred Payment Date ”hasthemeaningassignedtosuchterminSection5.12(b)(ii)(B).

“Series A PIK Preferred Units ”hasthemeaningassignedtosuchterminSection5.12(a).

“Series A Preferred Unit Partner ”means,collectively,HPIPinitscapacityastheholderofUnitsandanyAffiliateofHPIPthatholdsanySeriesAPreferredUnitsorSeriesAConversionUnits,including,butnotlimitedto,anysuchAffiliatethat(i)acquiredUnitsbytransferfromHPIPor(ii)holdsSeriesAConversionUnitspursuanttothisAgreement.

“Series A Preferred Units ”hasthemeaningassignedtosuchterminSection5.12(a).

“Series A Quarterly Distribution ”hasthemeaningassignedtosuchterminSection5.12(b)(ii)(A).

“Series A Second PIK Payment Amount ”meansanumberofSeriesAPIKPreferredUnitsequalto(i)thegreaterof(x)$0.50and(y)theSeriesADistributionAmount,dividedby(ii)theSeriesAAdjustedIssuePrice.ThepartiesacknowledgethattheSeriesASecondPIKPaymentAmountwas0.02857143ofaSeriesAPreferredUnitasofJuly24,2014.

“Series A Senior Securities ”meansanyclassorseriesofPartnershipIntereststhat,withrespecttodistributionsonsuchPartnershipInterestsordistributionsuponliquidationofthePartnership,ranksseniortotheSeriesAPreferredUnits.

“Series A Survivor Preferred Security ”hasthemeaningassignedtosuchterminSection5.12(b)(viii)(F)(2).

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“Series A Third PIK Payment Amount ”meansanumberofSeriesAPIKPreferredUnitsequaltothequotientof(i)thegreaterof(x)$0.4125and(y)theSeriesADistributionAmount,dividedby(ii)theSeriesAAdjustedIssuedPrice.

“Series A Unitholder ”meansaRecordHolderofSeriesAPreferredUnits.

“Series A Unpaid Cash Distributions ”hasthemeaningassignedtosuchterminSection5.12(b)(ii)(C).

“Series A-1 Convertible Preferred Units ”hasthemeaningassignedtosuchterminSection5.12(a).

“Series A-2 Convertible Preferred Units ”hasthemeaningassignedtosuchterminSection5.12(a).

“Series A-2 Call Closing Date ”hasthemeaningassignedtosuchterminSection5.12(c)(iii).

“Series A-2 Call Exercise Notice ”hasthemeaningassignedtosuchterminSection5.12(c)(iii).

“Series A-2 Call Right ”hasthemeaningassignedtosuchterminSection5.12(c).

“Series A-2 Holders ”hasthemeaningassignedtosuchterminSection5.12(c).

“Series B Conversion Date ”meansthedatethatisthesecondanniversaryoftheinitialissuanceofSeriesBUnitspursuanttotheSeriesBUnitPurchaseAgreement.

“Series B Conversion Unit ”meansaCommonUnitissueduponconversionofaSeriesBUnitpursuanttoSection5.13(c).

“Series B Issue Price ”meansthepriceatwhichaSeriesBUnitispurchasedfromthePartnership.EachSeriesBUnitissuedpursuanttotheSeriesBUnitPurchaseAgreementshallbetreatedashavingaSeriesBIssuePriceequaltothepriceperCommonUnit,netofunderwritingdiscountsandcommissions,receivedbythePartnershipinconnectionwithanunderwrittenpublicofferingtobecompletedonoraroundJanuary29,2014.EachSeriesBPIKUnitshallhaveaSeriesBIssuePriceequaltotheSeriesBPIKDistributionAmountattributedtosuchSeriesBPIKUnit.

“Series B PIK Distribution Amount ”hasthemeaningassignedtosuchterminSection5.13(d)(i).

“Series B PIK Payment Date ”hasthemeaningassignedtosuchterminSection5.13(d)(iii).

“Series B PIK Unit ”meansaSeriesBUnitissuedbythePartnershipinlieuofcashdistributionsinrespectoftheSeriesBUnitspursuanttoSection5.13(d).

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“Series B Unit ”meansaPartnershipInterestissuedpursuanttoSection5.13andrepresentingaLimitedPartner’sinterestinthePartnershiphavingtherightsandobligationsspecifiedwithrespecttotheSeriesBUnitsinthisAgreement.

“Series B Unit Distribution ”hasthemeaningassignedtosuchterminSection5.13(d)(i).

“Series B Unit Purchase Agreement ”meanstheUnitPurchaseAgreementprovidingfortheissuanceofSeriesBUnits,datedasofJanuary22,2014,withthepurchasersnamedtherein.

“Series C Adjusted Issue Price ”means(i)theSeriesCIssuePrice,dividedby(ii)theSeriesCConversionRate.

“Series C Call Closing Date ”hasthemeaningassignedtosuchterminSection5.14(c)(iii).

“Series C Call Exercise Notice ”hasthemeaningassignedtosuchterminSection5.14(c)(iii).

“Series C Call Right ”hasthemeaningassignedtosuchterminSection5.14(c).

“Series C Conversion Date ”hasthemeaningassignedtosuchterminSection5.14(b)(viii)(D).

“Series C Conversion Notice ”hasthemeaningassignedtosuchterminSection5.14(b)(viii)(C)(1).

“Series C Conversion Notice Date ”hasthemeaningassignedtosuchterminSection5.14(b)(viii)(C)(1).

“Series C Conversion Rate ”meansthenumberofCommonUnitsissuableupontheconversionofeachSeriesCPreferredUnit,whichshallbe1.0untilsuchrateisadjustedassetforthinSection5.14(b)(viii)(E)-(G).

“Series C Conversion Unit ”meanstheCommonUnit(s)issueduponconversionofaSeriesCPreferredUnitpursuanttoSection5.14.

“Series C Converting Unitholder ”meansaPersonentitledtoreceiveCommonUnitsuponconversionofanySeriesCPreferredUnits.

“Series C Coupon Conversion Quarter ”meanstheearlierof(1)theQuarterthatincludestheSeriesCConversionDateand(2)theQuarterbeginning[January1,2020].

“Series C Distribution Amount ”meansthecashdistributionfortherelevantQuarterthateachSeriesCPreferredUnitwouldhavereceivedonanas-convertedbasisifsuchSeriesCPreferredUnithadconvertedpursuanttoSection5.14(b)(viii)immediatelypriortothebeginningofsuchQuarter.

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“Series C Distribution Payment Date ”hasthemeaningassignedtosuchterminSection5.14(b)(ii)(A).

“Series C Distribution Rate ”means(a)foreachQuarterpriortotheQuarterending[December31,2017]3,theSeriesCSubsequentDistributionRate,and(b)fortheQuarterending[December31,2017],andforeachQuarterthereafter,(i)withrespecttoeachOutstandingSeriesCPreferredUnituptotheSeriesCThreshold,theSeriesCInitialDistributionRateand(ii)withrespecttoeachremainingOutstandingSeriesCPreferredUnit,theSeriesCSubsequentDistributionRate.

“Series C Forced Conversion Notice ”hasthemeaningassignedtosuchterminSection5.14(b)(viii)(C)(2).

“Series C Forced Conversion Notice Date ”hasthemeaningassignedtosuchterminSection5.14(b)(viii)(C)(2).

“Series C Holders ”hasthemeaningassignedtosuchterminSection5.14(c).

“Series C Initial Distribution Rate ”meansanamountperQuarterperSeriesCPreferredUnitpayableinarrearsequaltotheSeriesCDistributionAmount.

“Series C Issuance Date ”means,withrespecttoaSeriesCConvertiblePreferredUnit,April25,2016.

“Series C Issue Price ”means$14.00perSeriesCPreferredUnit.

“Series C Liquidation Value ”means,withrespecttoeachSeriesCPreferredUnitOutstandingasofthedateofsuchdetermination,anamountequaltothesumof(i)theSeriesCIssuePrice,plus(ii)allSeriesCUnpaidCashDistributionsandallaccruedandunpaidinterestthereon(determinedinaccordancewithSection5.14(b)(ii)(C))plus,(iii)allaccruedbutunpaiddistributionsonsuchSeriesCPreferredUnitwithrespecttotheQuarterinwhichtheliquidationoccurs.

“Series C Parity Securities ”meansanyclassorseriesofPartnershipIntereststhat,withrespecttodistributionsonsuchPartnershipInterestsordistributionsuponliquidationofthePartnership,ranksparipassuwiththeSeriesCPreferredUnits.

“Series C Partnership Event Change of Control Offer ”hasthemeaningassignedtosuchterminSection5.14(b)(viii)(G)(1).

“Series C Partnership Event Payment ”hasthemeaningassignedtosuchterminSection5.14(b)(viii)(G)(1).

“Series C Partnership Event Payment Date ”hasthemeaningassignedtosuchterminSection5.14(b)(viii)(G)(3)ii).3 Quarterinwhichclosingoccurs.

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“Series C PIK Payment Amount ”meansanumberofSeriesCPIKPreferredUnitsequalto(i)theSeriesCDistributionRatedividedby(ii)theSeriesCAdjustedIssuePrice;provided ,however ,thatfortheQuarterinwhichtheSeriesCIssuanceDateoccurs,itshallmeananumberofSeriesCPIKPreferredUnitsequalto(i)theproductof(a)theSeriesCDistributionRatetimes(b)afraction,ofwhich(I)thenumeratoristhenumberofdaysfromandincludingtheSeriesCIssuanceDatetobutexcludingthedateofsuchQuarter’send,and(II)thedenominatoris91,dividedby(ii)theSeriesCAdjustedIssuePrice.ThepartiesacknowledgethattheSeriesCPIKPaymentAmountwas0.03375ofaSeriesCPreferredUnitasofApril25,2016(suchamounttobeproratedasprovidedintheprovisooftheprecedingsentencefortheQuarterinwhichtheSeriesCIssuanceDateoccurs).

“Series C PIK Preferred Payment Date ”hasthemeaningassignedtosuchterminSection5.14(b)(ii)(B).

“Series C PIK Preferred Units ”hasthemeaningassignedtosuchterminSection5.14(a).

“Series C Preferred Unit Partner ”means,collectively,MIHinitscapacityastheholderofUnitsandanyAffiliateofMIHthatholdsanySeriesCPreferredUnitsorSeriesCConversionUnits,including,butnotlimitedto,anysuchAffiliatethat(i)acquiredUnitsbytransferfromMIHor(ii)holdsSeriesCConversionUnitspursuanttothisAgreement.

“Series C Preferred Units ”hasthemeaningassignedtosuchterminSection5.14(a).

“Series C Quarterly Distribution ”hasthemeaningassignedtosuchterminSection5.14(b)(ii)(A).

“Series C Senior Securities ”meansanyclassorseriesofPartnershipIntereststhat,withrespecttodistributionsonsuchPartnershipInterestsordistributionsuponliquidationofthePartnership,ranksseniortotheSeriesCPreferredUnits.

“Series C Subsequent Distribution Rate ”meansanamountperQuarterperSeriesCPreferredUnitpayableinarrearsequaltothegreaterof(i)$0.4125and(ii)theSeriesCDistributionAmount.

“Series C Survivor Preferred Security ”hasthemeaningassignedtosuchterminSection5.14(b)(viii)(G)(2).

“Series C Threshold ”meansanaggregateamountofOutstandingSeriesCPreferredUnitswithanunderlyingvalueofCommonUnitsexceeding$50,000,000basedontheClosingPriceofCommonUnitsontheTradingDayimmediatelyprecedingtheapplicableRecordDateordateofconversion,asthecasemaybe,ontheNationalSecuritiesExchangeonwhichtheCommonUnitsarethenlistedoradmittedtotrading.

“Series C Unit Purchase Agreement ”meanstheSecuritiesPurchaseAgreement,datedApril25,2016,amongMIH,theGeneralPartnerandthePartnership,pursuanttowhichMIHcontributedcashtothePartnershipinexchangefor8,571,429SeriesCConvertiblePreferredUnitsandtheSeriesCWarrant.

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“Series C Unitholder ”meansaRecordHolderofSeriesCPreferredUnits.

“Series C Unpaid Cash Distributions ”hasthemeaningassignedtosuchterminSection5.14(b)(ii)(C).

“Series C Warrant ”meansthatcertainwarranttopurchaseupto800,000CommonUnits,subjecttoadjustmentassetforthinthewarrantagreement,witha$7.25perCommonUnitexerciseprice,issuedpursuanttotherequirementsoftheSeriesCUnitPurchaseAgreement,whichwarrantshall,fortaxpurposes,betreatedasa“noncompensatoryoption”withinthemeaningofTreasuryRegulationsSections1.721-2(f)and1.761-3(b)(2)andnottreatedasapartnershipinterestpursuanttoTreasuryRegulationsSection1.761-3(a).

“Series D Adjusted Issue Price ”means(i)theSeriesDIssuePrice,dividedby(ii)theSeriesDConversionRate.

“Series D Call Closing Date ”hasthemeaningassignedtosuchterminSection5.15(c)(iii).

“Series D Call Exercise Notice ”hasthemeaningassignedtosuchterminSection5.15(c)(iii).

“Series D Call Right ”hasthemeaningassignedtosuchterminSection5.15(c).

“Series D Call Value ”means,withrespecttoeachSeriesDPreferredUnitOutstandingasofthedateofsuchdetermination,anamountequaltothesumof(i)theSeriesDIssuePrice,plus(ii)allSeriesDUnpaidCashDistributionsandallaccruedandunpaidinterestthereon(determinedinaccordancewithSection5.15(b)(ii)(B)),plus(iii)anamountequaltotheproductof(A)theamountofdistributiondeclaredonsuchSeriesDPreferredUnitwithrespecttotheQuarterimmediatelyprecedingtheQuarterinwhichtheSeriesDCallExerciseNoticewasgiventimes(B)afraction,ofwhichthenumeratoristhenumberofdaysfromtheendofsuchprecedingQuartertoandincludingthedateoftheSeriesDCallExerciseNoticeandthedenominatoris91.

“Series D Conversion Date ”hasthemeaningassignedtosuchterminSection5.15(b)(viii)(C).

“Series D Conversion Notice ”hasthemeaningassignedtosuchterminSection5.15(b)(viii)(B).

“Series D Conversion Notice Date ”hasthemeaningassignedtosuchterminSection5.15(b)(viii)(B).

“Series D Conversion Rate ”meansthenumberofCommonUnitsissuableupontheconversionofeachSeriesDPreferredUnit,whichshallbe1.0untilsuchrateisadjustedassetforthinSection5.15(b)(viii)(D)-(F).

“Series D Conversion Unit ”meanstheCommonUnit(s)issueduponconversionofaSeriesDPreferredUnitpursuanttoSection5.15(b)(viii).

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“Series D Converting Unitholder ”meansaPersonentitledtoreceiveCommonUnitsuponconversionofanySeriesDPreferredUnits.

“Series D Distribution Amount ”meansthecashdistributionfortherelevantQuarterthateachSeriesDPreferredUnitwouldhavereceivedonanas-convertedbasisifsuchSeriesDPreferredUnithadbeenconvertedtoaCommonUnitpursuanttoSection5.15(b)(viii)immediatelypriortothebeginningofsuchQuarter.

“Series D Distribution Payment Date ”hasthemeaningassignedtosuchterminSection5.15(b)(ii)(A).

“Series D Distribution Rate ”meansanamountperQuarterperSeriesDPreferredUnitpayableinarrearsequaltothegreaterof(i)$0.4125and(ii)theSeriesDDistributionAmount.

“Series D Holders ”hasthemeaningassignedtosuchterminSection5.15(c).

“Series D Issuance Date ”means,withrespecttoaSeriesDPreferredUnit,October31,2016.

“Series D Issue Price ”means$15.00perSeriesDPreferredUnit.

“Series D Liquidation Value ”means,withrespecttoeachSeriesDPreferredUnitOutstandingasofthedateofsuchdetermination,anamountequaltothesumof(i)theSeriesDIssuePrice,plus(ii)allSeriesDUnpaidCashDistributionsandallaccruedandunpaidinterestthereon(determinedinaccordancewithSection5.15(b)(ii)(B)),plus(iii)allaccruedbutunpaiddistributionsonsuchSeriesDPreferredUnitwithrespecttotheQuarterinwhichtheliquidationoccurs.

“Series D Optional Conversion Start Date ”meansJune30,2017.

“Series D Parity Securities ”meansanyclassorseriesofPartnershipIntereststhat,withrespecttodistributionsonsuchPartnershipInterestsordistributionsuponliquidationofthePartnership,ranksparipassuwiththeSeriesDPreferredUnits.

“Series D Partnership Event Change of Control Offer ”hasthemeaningassignedtosuchterminSection5.15(b)(viii)(F)(1).

“Series D Partnership Event Payment ”hasthemeaningassignedtosuchterminSection5.15(b)(viii)(F)(1).

“Series D Partnership Event Payment Date ”hasthemeaningassignedtosuchterminSection5.15(b)(viii)(F)(3)ii).

“Series D Preferred Unit Partner ”means,collectively,MIHinitscapacityastheholderofUnitsandanyAffiliateofMIHthatholdsanySeriesDPreferredUnitsorSeriesDConversionUnits,including,butnotlimitedto,anysuchAffiliatethat(i)acquiredUnitsbytransferfromMIHor(ii)holdsSeriesDConversionUnitspursuanttothisAgreement.

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“Series D Preferred Units ”hasthemeaningassignedtosuchterminSection5.15(a).

“Series D Quarterly Distribution ”hasthemeaningassignedtosuchterminSection5.15(b)(ii)(A).

“Series D Senior Securities ”meansanyclassorseriesofPartnershipIntereststhat,withrespecttodistributionsonsuchPartnershipInterestsordistributionsuponliquidationofthePartnership,ranksseniortotheSeriesDPreferredUnits.

“Series D Survivor Preferred Security ”hasthemeaningassignedtosuchterminSection5.15(b)(viii)(F)(2).

“Series D Unit Purchase Agreement ”meanstheSecuritiesPurchaseAgreementdatedasofOctober31,2016,byandbetweenthePartnershipandMIH,asamendedbytheFirstAmendmenttotheSecuritiesPurchaseAgreementdatedasofJuly14,2017andtheSecondAmendmenttotheSecuritiesPurchaseAgreementdatedasofSeptember7,2017.

“Series D Unitholder ”meansaRecordHolderofSeriesDPreferredUnits.

“Series D Unpaid Cash Distributions ”hasthemeaningassignedtosuchterminSection5.15(b)(ii)(B).

“Series D Warrant ”meansthatcertainwarranttopurchaseupto700,000CommonUnits,subjecttoadjustmentassetforthinthewarrantagreement,witha$22.00perCommonUnitexerciseprice,tobeissuedpursuanttoSection5.15(b)(iii),whichwarrantshallbeinaccordancewiththeformofwarrantattachedheretoasExhibitBandwhichwarrant,ifissued,fortaxpurposes,betreatedasa“noncompensatoryoption”withinthemeaningofTreasuryRegulationsSections1.721-2(f)and1.761-3(b)(2)andnottreatedasapartnershipinterestpursuanttoTreasuryRegulationsSection1.761-3(a).

“Series D Warrant Start Date ”meansAugust31,2017.

“Series E Adjusted Issue Price ”means(i)theSeriesEIssuePrice,dividedby(ii)theSeriesEConversionRate.

“Series E Call Closing Date ”hasthemeaningassignedtosuchterminSection5.16(c)(iii).

“Series E Call Exercise Notice ”hasthemeaningassignedtosuchterminSection5.16(c)(iii).

“Series E Call Right ”hasthemeaningassignedtosuchterminSection5.16(c).

“Series E Call Value ”means,withrespecttoeachSeriesEPreferredUnitOutstandingasofthedateofsuchdetermination,anamountequaltothesumof(i)theSeriesEIssuePrice,plus(ii)allSeriesEUnpaidDistributionsandallaccruedandunpaidinterestthereon(determinedinaccordancewithSection5.16(b)(ii)(C)),plus(iii)anamountequaltotheproductof(A)theamountofdistributiondeclaredrelatingtosuchSeriesEPreferredUnitwithrespectto

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theQuarterimmediatelyprecedingtheQuarterinwhichtheSeriesECallExerciseNoticewasgiventimes(B)afraction,ofwhichthenumeratoristhenumberofdaysfromtheendofsuchprecedingQuartertoandincludingthedateoftheSeriesECallExerciseNoticeandthedenominatoris91.

“Series E Conversion Date ”hasthemeaningassignedtosuchterminSection5.16(b)(viii)(C).

“Series E Conversion Notice ”hasthemeaningassignedtosuchterminSection5.16(b)(viii)(B).

“Series E Conversion Notice Date ”hasthemeaningassignedtosuchterminSection5.16(b)(viii)(B).

“Series E Conversion Rate ”meansthenumberofCommonUnitsissuableupontheconversionofeachSeriesEPreferredUnit,whichshallbe1.0untilsuchrateisadjustedassetforthinSection5.16(b)(viii)(D)-(F).

“Series E Conversion Unit ”meanstheCommonUnit(s)issueduponconversionofaSeriesEPreferredUnitpursuanttoSection5.16.

“Series E Converting Unitholder ”meansaPersonentitledtoreceiveCommonUnitsuponconversionofanySeriesEPreferredUnits.

“Series E Coupon Conversion Quarter ”meanstheearlierof(1)theQuarterthatincludestheSeriesEConversionDateand(2)theQuarterbeginning[January 1, 2020 ].

“Series E Distribution Amount ”meansthecashdistributionfortherelevantQuarterthateachSeriesEPreferredUnitwouldhavereceivedonanas-convertedbasisifsuchSeriesEPreferredUnithadconvertedpursuanttoSection5.16(b)(viii)immediatelypriortothebeginningofsuchQuarter.

“Series E Distribution Payment Date ”hasthemeaningassignedtosuchterminSection5.16(b)(ii)(A).

“Series E Distribution Rate ”meansanamountperQuarterperSeriesEPreferredUnitpayableinarrearsequaltotheSeriesEDistributionAmount.

“Series E Exercise Notice ”hasthemeaningassignedtosuchterminSection5.8(c).

“Series E Holders ”hasthemeaningassignedtosuchterminSection5.16(c).

“Series E Issuance Date ”means,withrespecttoaSeriesEPreferredUnit,[•],2017.

“Series E Issue Price ”means$15.00perSeriesEPreferredUnit.

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“Series E Liquidation Value ”means,withrespecttoeachSeriesEPreferredUnitOutstandingasofthedateofsuchdetermination,anamountequaltothesumof(i)theSeriesEIssuePrice,plus(ii)allSeriesEUnpaidDistributionsandallaccruedandunpaidinterestthereon(determinedinaccordancewithSection5.16(b)(ii)(C))plus,(iii)allaccruedbutunpaiddistributionsonsuchSeriesEPreferredUnitwithrespecttotheQuarterinwhichtheliquidationoccurs.

“Series E Optional Conversion Start Date ”meansthefirstdateuponwhichtheClosingPriceoftheCommonUnitsontheNationalSecuritiesExchangeonwhichtheCommonUnitsarethenlistedoradmittedtotradingexceedsonehundredfiftypercent(150%)oftheSeriesEIssuePriceforthetwenty(20)TradingDayperiodimmediatelyprecedingsuchdate;providedthat,notwithstandingtheforegoing,ifthePartnershipfailstoconverttheSeriesEPreferredUnitstoCommonUnitspursuanttoSection5.16(b)(viii)withinthirty(30)daysofthedatefirstsetforthaboveandaftersuchdatefirstsetforthabovetheCommonUnitsareatanytimelistedoradmittedtotradingatlessthanonehundredfiftypercent(150%)oftheSeriesEIssuePrice,theSeriesEOptionalConversionStartDateshallnotbedeemedtohaveoccurreduntilthenextdatetherequirementssetforthinthisdefinitionhavebeensatisfied.

“Series E Parity Securities ”meansanyclassorseriesofPartnershipIntereststhat,withrespecttodistributionsonsuchPartnershipInterestsordistributionsuponliquidationofthePartnership,ranksparipassuwiththeSeriesEPreferredUnits.

“Series E Partnership Event Change of Control Offer ”hasthemeaningassignedtosuchterminSection5.16(b)(viii)(F)(1).

“Series E Partnership Event Payment ”hasthemeaningassignedtosuchterminSection5.16(b)(viii)(F)(1).

“Series E Partnership Event Payment Date ”hasthemeaningassignedtosuchterminSection5.16(b)(viii)(F)(3)ii).

“Series E PIK Payment Amount ”meansanumberofSeriesEPIKPreferredUnitsequalto(i)theSeriesEDistributionRatedividedby(ii)theSeriesEAdjustedIssuePrice;provided ,however ,thatfortheQuarterinwhichtheSeriesEIssuanceDateoccurs,itshallmeananumberofSeriesEPIKPreferredUnitsequalto(i)theproductof(a)theSeriesEDistributionRatetimes(b)afraction,ofwhich(I)thenumeratoristhenumberofdaysfromandincludingtheSeriesEIssuanceDatetobutexcludingthedateofsuchQuarter’send,and(II)thedenominatoris91,dividedby(ii)theSeriesEAdjustedIssuePrice.ThepartiesacknowledgethattheSeriesEPIKPaymentAmountwas[•]ofaSeriesEPreferredUnitasof[•],2017(suchamounttobeproratedasprovided intheprovisooftheprecedingsentencefortheQuarterinwhichtheSeriesEIssuanceDateoccurs).

“Series E PIK Preferred Payment Date ”hasthemeaningassignedtosuchterminSection5.16(b)(ii)(B).

“Series E PIK Preferred Units ”hasthemeaningassignedtosuchterminSection5.16(a).

“Series E Preferred Unit Partner ”means,collectively,HoldingsinitscapacityastheholderofUnitsandanyAffiliateofHoldingsthatholdsanySeriesEPreferredUnitsorSeriesEConversionUnits,including,butnotlimitedto,anysuchAffiliatethat(i)acquiredUnitsbytransferfromHoldingsor(ii)holdsSeriesEConversionUnitspursuanttothisAgreement.

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“Series E Preferred Units ”hasthemeaningassignedtosuchterminSection5.16(a).

“Series E Quarterly Distribution ”hasthemeaningassignedtosuchterminSection5.16(b)(ii)(A).

“Series E Senior Securities ”meansanyclassorseriesofPartnershipIntereststhat,withrespecttodistributionsonsuchPartnershipInterestsordistributionsuponliquidationofthePartnership,ranksseniortotheSeriesEPreferredUnits.

“Series E Survivor Preferred Security ”hasthemeaningassignedtosuchterminSection5.16(b)(viii)(F)(2).

“Series E Unitholder ”meansaRecordHolderofSeriesEPreferredUnits.

“Series E Unpaid Distributions ”hasthemeaningassignedtosuchterminSection5.16(b)(ii)(C).

“Share of Additional Book Basis Derivative Items ”meansinconnectionwithanyallocationofAdditionalBookBasisDerivativeItemsforanytaxableperiod,(i)withrespecttotheUnitholdersholdingCommonUnits,SeriesAPreferredUnits,SeriesBUnits,SeriesCPreferredUnits,SeriesDPreferredUnitsorSeriesEPreferredUnits,theamountthatbearsthesameratiotosuchAdditionalBookBasisDerivativeItemsastheUnitholders’RemainingNetPositiveAdjustmentsasoftheendofsuchperiodbearstotheAggregateRemainingNetPositiveAdjustmentsasofthattime,(ii)withrespecttotheGeneralPartner(asholderoftheNotionalGeneralPartnerUnits),theamountthatbearsthesameratiotosuchAdditionalBookBasisDerivativeItemsastheGeneralPartner’sRemainingNetPositiveAdjustmentsasoftheendofsuchperiodbearstotheAggregateRemainingNetPositiveAdjustmentasofthattime,and(iii)withrespecttothePartnersholdingIncentiveDistributionRights,theamountthatbearsthesameratiotosuchAdditionalBookBasisDerivativeItemsastheRemainingNetPositiveAdjustmentsofthePartnersholdingtheIncentiveDistributionRightsasoftheendofsuchperiodbearstotheAggregateRemainingNetPositiveAdjustmentsasofthattime.

“Southcross Holdings ”meansSouthcrossHoldingsLP,aDelawarelimitedpartnership.

“Special Approval ”meansapprovalbyamajorityofthemembersoftheConflictsCommittee.

“Subsidiary ”means,withrespecttoanyPerson,(a)acorporationofwhichmorethan50%ofthevotingpowerofsharesentitled(withoutregardtotheoccurrenceofanycontingency)tovoteintheelectionofdirectorsorothergoverningbodyofsuchcorporationisowned,directlyorindirectly,atthedateofdetermination,bysuchPerson,byoneormoreSubsidiariesofsuchPersonoracombinationthereof,(b)apartnership(whethergeneralorlimited)inwhichsuchPersonoraSubsidiaryofsuchPersonis,atthedateofdetermination,ageneralorlimitedpartnerofsuchpartnership,butonlyifmorethan50%ofthepartnershipinterestsofsuchpartnership(consideringallofthepartnershipinterestsofthepartnershipasasingleclass)isowned,directly

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orindirectly,atthedateofdetermination,bysuchPerson,byoneormoreSubsidiariesofsuchPerson,oracombinationthereof,or(c)anyotherPerson(otherthanacorporationorapartnership)inwhichsuchPerson,oneormoreSubsidiariesofsuchPerson,oracombinationthereof,directlyorindirectly,atthedateofdetermination,has(i)atleastamajorityownershipinterestor(ii)thepowertoelectordirecttheelectionofamajorityofthedirectorsorothergoverningbodyofsuchPerson.

“Surviving Business Entity ”hasthemeaningassignedtosuchterminSection14.2(b).

“Target Distribution ”meansanamountequaltotheMinimumQuarterlyDistributionmultipliedby1.5.

“Trading Day ”means,forthepurposeofdeterminingtheCurrentMarketPriceofanyclassofLimitedPartnerInterests,adayonwhichtheprincipalNationalSecuritiesExchangeonwhichsuchclassofLimitedPartnerInterestsarelistedisopenforthetransactionofbusinessor,ifLimitedPartnerInterestsofaSeriesarenotlistedonanyNationalSecuritiesExchange,adayonwhichbankinginstitutionsinNewYorkCitygenerallyareopen.

“transfer ”hasthemeaningassignedtosuchterminSection4.4(a).

“Transfer Agent ”meanssuchbank,trustcompanyorotherPerson(includingtheGeneralPartneroroneofitsAffiliates)asshallbeappointedfromtimetotimebytheGeneralPartnertoactasregistrarandtransferagentfortheCommonUnits;provided ,thatifnoTransferAgentisspecificallydesignatedforanyotherPartnershipInterests,theGeneralPartnershallactinsuchcapacity.

“Underwriters ”meanstheunderwritersintheInitialPublicOffering.

“Unit ”meansaPartnershipInterestthatisdesignatedasa“Unit”andshallincludeCommonUnits,SeriesAPreferredUnits,SeriesBUnits,SeriesCPreferredUnits,SeriesDPreferredUnitsandSeriesEPreferredUnitsbutshallnotinclude(i)NotionalGeneralPartnerUnits(ortheGeneralPartnerInterestrepresentedthereby),(ii)IncentiveDistributionRightsor(iii)theHPIPEquityInterest.

“Unitholders ”meanstheholdersofUnits.

“Unit Majority ”meansatleastamajorityoftheOutstandingCommonUnitsandSeriesBUnits,votingtogetherasasingleclass.

“Unrealized Gain ”attributabletoanyitemofPartnershippropertymeans,asofanydateofdetermination,theexcess,ifany,of(a)thefairmarketvalueofsuchpropertyasofsuchdate(asdeterminedunderSection5.5(d))over(b)theCarryingValueofsuchpropertyasofsuchdate(priortoanyadjustmenttobemadepursuanttoSection5.5(d)asofsuchdate).

“Unrealized Loss ”attributabletoanyitemofPartnershippropertymeans,asofanydateofdetermination,theexcess,ifany,of(a)theCarryingValueofsuchpropertyasofsuchdate(priortoanyadjustmenttobemadepursuanttoSection5.5(d)asofsuchdate)over(b)thefairmarketvalueofsuchpropertyasofsuchdate(asdeterminedunderSection5.5(d)).

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“Unrecovered Initial Unit Price ”meansatanytime,withrespecttoaUnit,theInitialUnitPricelessthesumofalldistributionsconstitutingCapitalSurplustheretoforemadeinrespectofanIPOCommonUnitandanydistributionsofcash(ortheNetAgreedValueofanydistributionsinkind)inconnectionwiththedissolutionandliquidationofthePartnershiptheretoforemadeinrespectofanIPOCommonUnit,adjustedastheGeneralPartnerdeterminestobeappropriatetogiveeffecttoanydistribution,subdivisionorcombinationofsuchUnits.

“Unrestricted Person ”means(a)eachIndemnitee,(b)eachPartner,(c)eachPersonwhoisorwasamember,partner,director,officer,employeeoragentofanyGroupMember,aGeneralPartneroranyDepartingGeneralPartneroranyAffiliateofanyGroupMember,aGeneralPartneroranyDepartingGeneralPartnerand(d)anyPersontheGeneralPartnerdesignatesasanUnrestrictedPersonforpurposesofthisAgreement.

“U.S. GAAP ”meansUnitedStatesgenerallyacceptedaccountingprinciplesconsistentlyapplied.

“Warrant ”meansanyof(i)theAIMWarrant,(ii)theSeriesCWarrantor(iii)theSeriesDWarrant.

“Warrant Exercised Unit ”meansaCommonUnitissueduponexerciseofaWarrant.

“Withdrawal Opinion of Counsel ”hasthemeaningassignedtosuchterminSection11.1(b).

“Working Capital Borrowings ”meansborrowingsusedsolelyforworkingcapitalpurposesortopaydistributionstoPartnersmadepursuanttoacreditfacility,commercialpaperfacilityorothersimilarfinancingarrangements,providedthatwhensuchborrowingsareincurreditistheintentoftheborrowertorepaysuchborrowingswithin12monthsotherthanfromadditionalWorkingCapitalBorrowings.

Section1.2Construction.

Unlessthecontextrequiresotherwise:(a)anypronounusedinthisAgreementshallincludethecorrespondingmasculine,feminineorneuterforms,andthesingularformofnouns,pronounsandverbsshallincludethepluralandviceversa;(b)referencestoArticlesandSectionsrefertoArticlesandSectionsofthisAgreement;(c)theterms“include,”“includes,”“including”orwordsoflikeimportshallbedeemedtobefollowedbythewords“withoutlimitation”;and(d)theterms“hereof,”“herein”or“hereunder”refertothisAgreementasawholeandnottoanyparticularprovisionofthisAgreement.ThetableofcontentsandheadingscontainedinthisAgreementareforreferencepurposesonly,andshallnotaffectinanywaythemeaningorinterpretationofthisAgreement.

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ARTICLE II

ORGANIZATION

Section2.1Formation.

TheGeneralPartnerandAIMMidstreamhavepreviouslyformedthePartnershipasalimitedpartnershippursuanttotheprovisionsoftheDelawareAct.TheGeneralPartnerherebyamendsandrestatestheFifthA/RPartnershipAgreementinitsentirety.ThisamendmentandrestatementshallbecomeeffectiveonthedateofthisAgreement.ExceptasexpresslyprovidedtothecontraryinthisAgreement,therights,duties(includingfiduciaryduties),liabilitiesandobligationsofthePartnersandtheadministration,dissolutionandterminationofthePartnershipshallbegovernedbytheDelawareAct.AllPartnershipInterestsshallconstitutepersonalpropertyoftheownerthereofforallpurposes.

Section2.2Name.

ThenameofthePartnershipshallbe“AmericanMidstreamPartners,LP”ThePartnership’sbusinessmaybeconductedunderanyothernameornamesasdeterminedbytheGeneralPartner,includingthenameoftheGeneralPartner.Thewords“LimitedPartnership,”“LP,”“Ltd.”orsimilarwordsorlettersshallbeincludedinthePartnership’snamewherenecessaryforthepurposeofcomplyingwiththelawsofanyjurisdictionthatsorequires.TheGeneralPartnermaychangethenameofthePartnershipatanytimeandfromtimetotimeandshallnotifytheLimitedPartnersofsuchchangeinthenextregularcommunicationtotheLimitedPartners.

Section2.3RegisteredOffice;RegisteredAgent;PrincipalOffice;OtherOffices.

UnlessanduntilchangedbytheGeneralPartner,theregisteredofficeofthePartnershipintheStateofDelawareshallbelocatedat160GreentreeDrive,Suite101,Dover,KentCounty,Delaware19904,andtheregisteredagentforserviceofprocessonthePartnershipintheStateofDelawareatsuchregisteredofficeshallbeNationalRegisteredAgents,Inc.TheprincipalofficeofthePartnershipshallbelocatedat2103CityWestBoulevard,Building#4,Suite800,Houston,TX77042,orsuchotherplaceastheGeneralPartnermayfromtimetotimedesignatebynoticetotheLimitedPartners.ThePartnershipmaymaintainofficesatsuchotherplaceorplaceswithinoroutsidetheStateofDelawareastheGeneralPartnershalldeterminenecessaryorappropriate.TheaddressoftheGeneralPartnershallbe2103CityWestBoulevard,Building#4,Suite800,Houston,TX77042,orsuchotherplaceastheGeneralPartnermayfromtimetotimedesignatebynoticetotheLimitedPartners.

Section2.4PurposeandBusiness.

ThepurposeandnatureofthebusinesstobeconductedbythePartnershipshallbeto(a)engagedirectlyin,orenterintoorform,holdanddisposeofanycorporation,partnership,jointventure,limitedliabilitycompanyorotherarrangementtoengageindirectlyin,anybusinessactivitythatisapprovedbytheGeneralPartner,initssolediscretion,andthatlawfullymaybeconductedbyalimitedpartnershiporganizedpursuanttotheDelawareActand,inconnectiontherewith,toexercisealloftherightsandpowersconferreduponthePartnershippursuanttotheagreementsrelatingtosuchbusinessactivity,and(b)doanythingnecessaryorappropriatetotheforegoing,includingthemakingofcapitalcontributionsorloanstoaGroupMember;provided ,however ,thattheGeneralPartnershallnotcausethePartnershiptoengage,directlyorindirectly,inanybusinessactivitythattheGeneralPartnerdetermineswouldbereasonablylikelytocausethePartnershiptobetreatedasanassociationtaxableasacorporationorotherwisetaxableasan

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entityforfederalincometaxpurposes.Tothefullestextentpermittedbylaw,theGeneralPartnershallhavenodutyorobligationtoproposeorapprove,andmay,initssolediscretion,declinetoproposeorapprove,theconductbythePartnershipofanybusinessfreeofanyfiduciarydutyorobligationwhatsoevertothePartnership,anyLimitedPartnerand,indecliningtosoproposeorapprove,shallnotberequiredtoactingoodfaithorpursuanttoanyotherstandardimposedbythisAgreement,anyGroupMemberAgreement,anyotheragreementcontemplatedherebyorundertheDelawareActoranyotherlaw,ruleorregulationoratequity.

Section2.5Powers.

ThePartnershipshallbeempoweredtodoanyandallactsandthingsnecessary,appropriate,proper,advisable,incidentaltoorconvenientforthefurtheranceandaccomplishmentofthepurposesandbusinessdescribedinSection2.4andfortheprotectionandbenefitofthePartnership.

Section2.6Term.

ThetermofthePartnershipcommenceduponthefilingoftheCertificateofLimitedPartnershipinaccordancewiththeDelawareActandshallcontinueinexistenceuntilthedissolutionofthePartnershipinaccordancewiththeprovisionsofArticleXII.TheexistenceofthePartnershipasaseparatelegalentityshallcontinueuntilthecancellationoftheCertificateofLimitedPartnershipasprovidedintheDelawareAct.

Section2.7TitletoPartnershipAssets.

TitletoPartnershipassets,whetherreal,personalormixedandwhethertangibleorintangible,shallbedeemedtobeownedbythePartnershipasanentity,andnoPartner,individuallyorcollectively,shallhaveanyownershipinterestinsuchPartnershipassetsoranyportionthereof.TitletoanyorallofthePartnershipassetsmaybeheldinthenameofthePartnership,theGeneralPartner,oneormoreofitsAffiliatesoroneormorenominees,astheGeneralPartnermaydetermine.TheGeneralPartnerherebydeclaresandwarrantsthatanyPartnershipassetsforwhichrecordtitleisheldinthenameoftheGeneralPartneroroneormoreofitsAffiliatesoroneormorenomineesshallbeheldbytheGeneralPartnerorsuchAffiliateornomineefortheuseandbenefitofthePartnershipinaccordancewiththeprovisionsofthisAgreement;provided ,however ,thattheGeneralPartnershallusereasonableeffortstocauserecordtitletosuchassets(otherthanthoseassetsinrespectofwhichtheGeneralPartnerdeterminesthattheexpenseanddifficultyofconveyancingmakestransferofrecordtitletothePartnershipimpracticable)tobevestedinthePartnershipassoonasreasonablypracticable;provided, further ,that,priortothewithdrawalorremovaloftheGeneralPartnerorassoonthereafteraspracticable,theGeneralPartnershallusereasonableeffortstoeffectthetransferofrecordtitletothePartnershipand,priortoanysuchtransfer,willprovidefortheuseofsuchassetsinamannersatisfactorytoanysuccessorGeneralPartner.AllPartnershipassetsshallberecordedasthepropertyofthePartnershipinitsbooksandrecords,irrespectiveofthenameinwhichrecordtitletosuchPartnershipassetsisheld.

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ARTICLE III

RIGHTS OF LIMITED PARTNERS

Section3.1LimitationofLiability.

TheLimitedPartnersshallhavenoliabilityunderthisAgreementexceptasexpresslyprovidedinthisAgreementortheDelawareAct.

Section3.2ManagementofBusiness.

NoLimitedPartner,initscapacityassuch,shallparticipateintheoperation,managementorcontrol(withinthemeaningoftheDelawareAct)ofthePartnership’sbusiness,transactanybusinessinthePartnership’snameorhavethepowertosigndocumentsfororotherwisebindthePartnership.AllactionstakenbyanyAffiliateoftheGeneralPartneroranyofficer,director,employee,manager,member,generalpartner,agentortrusteeoftheGeneralPartneroranyofitsAffiliates,oranyofficer,director,employee,manager,member,generalpartner,agentortrusteeofaGroupMember,initscapacityassuch,shallnotbedeemedtobeparticipatinginthecontrolofthebusinessofthePartnershipbyalimitedpartnerofthePartnership(withinthemeaningofSection17-303(a)oftheDelawareAct)andshallnotaffect,impairoreliminatethelimitationsontheliabilityoftheLimitedPartnersunderthisAgreement.

Section3.3OutsideActivitiesoftheLimitedPartners.

SubjecttotheprovisionsofSection7.5,whichshallcontinuetobeapplicabletothePersonsreferredtotherein,regardlessofwhethersuchPersonsshallalsobeLimitedPartners,eachLimitedPartnershallbeentitledtoandmayhavebusinessinterestsandengageinbusinessactivitiesinadditiontothoserelatingtothePartnership,includingbusinessinterestsandactivitiesindirectcompetitionwiththePartnershipGroup.NeitherthePartnershipnoranyoftheotherPartnersshallhaveanyrightsbyvirtueofthisAgreementinanybusinessventuresofanyLimitedPartner.

Section3.4RightsofLimitedPartners.

(a)InadditiontootherrightsprovidedbythisAgreementorbyapplicablelaw(otherthanSection17-305(a)oftheDelawareAct,theobligationsofwhichareexpresslyreplacedintheirentiretybytheprovisionsbelowandSection8.3),andexceptaslimitedbySection3.4(a)(i),eachLimitedPartnershallhavetheright,forapurposethatisreasonablyrelated,asdeterminedbytheGeneralPartner,tosuchLimitedPartner’sinterestasaLimitedPartnerinthePartnership,uponreasonablewrittendemandstatingthepurposeofsuchdemandandatsuchLimitedPartner’sownexpensetoobtain:

(i)trueandfullinformationregardingthestatusofthebusinessandfinancialconditionofthePartnership(providedthattherequirementsofthisSection3.4(a)(i)shallbesatisfiedtotheextenttheLimitedPartnerisfurnishedthePartnership’smostrecentannualreportandanysubsequentquarterlyorperiodicreportsrequiredtobefiled(orwhichwouldberequiredtobefiled)withtheCommissionpursuanttoSection13oftheSecuritiesExchangeAct);

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(ii)acurrentlistofthenameandlastknownbusiness,residenceormailingaddressofeachRecordHolder;

(iii)acopyofthisAgreementandtheCertificateofLimitedPartnershipandallamendmentsthereto,togetherwithcopiesoftheexecutedcopiesofallpowersofattorneypursuanttowhichthisAgreement,theCertificateofLimitedPartnershipandallamendmentstheretohavebeenexecuted;and

(iv)suchotherinformationregardingtheaffairsofthePartnershipastheGeneralPartnerdeterminesisjustandreasonable.

(b)TheGeneralPartnermaykeepconfidentialfromtheLimitedPartners,forsuchperiodoftimeastheGeneralPartnerdeemsreasonable,(i)anyinformationthattheGeneralPartnerreasonablybelievestobeinthenatureoftradesecretsor(ii)otherinformationthedisclosureofwhichtheGeneralPartneringoodfaithbelieves(A)isnotinthebestinterestsofthePartnershipGroup,(B)coulddamagethePartnershipGrouporitsbusinessor(C)thatanyGroupMemberisrequiredbylaworbyagreementwithanythirdpartytokeepconfidential(otherthanagreementswithAffiliatesofthePartnershiptheprimarypurposeofwhichistocircumventtheobligationssetforthinthisSection3.4).

ARTICLE IVCERTIFICATES; RECORD HOLDERS; TRANSFER OF

PARTNERSHIP INTERESTS; REDEMPTION OF PARTNERSHIP INTERESTS

Section4.1Certificates.

Notwithstandinganythingotherwisetothecontraryherein,unlesstheGeneralPartnershalldetermineotherwiseinrespectofsomeorallofanyorallclassesofPartnershipInterests,PartnershipInterestsshallnotbeevidencedbycertificates;provided ,however ,withrespecttotheissuanceofanySeriesAPreferredUnits,SeriesBUnits,SeriesCPreferredUnits,SeriesDPreferredUnitsorSeriesEPreferredUnits,thePartnershipshallissuesuchCertificatesinaccordancewithSection5.12(b)(vii),Section5.13(f),Section5.14(b)(vii),Section5.15(b)(vii)andSection5.16(b)(vii),respectively.CertificatesthatmaybeissuedshallbeexecutedonbehalfofthePartnershipbytheChairmanoftheBoard,PresidentoranyExecutiveVicePresidentorVicePresidentandtheChiefFinancialOfficerortheSecretaryoranyAssistantSecretaryoftheGeneralPartner.NoCertificateforaclassofPartnershipInterestsshallbevalidforanypurposeuntilithasbeencountersignedbytheTransferAgentforsuchclassofPartnershipInterests;provided ,however ,thatiftheGeneralPartnerelectstocausethePartnershiptoissuePartnershipInterestsofsuchclassinglobalform,theCertificateshallbevaliduponreceiptofacertificatefromtheTransferAgentcertifyingthatthePartnershipInterestshavebeendulyregisteredinaccordancewiththedirectionsofthePartnership.

Section4.2Mutilated,Destroyed,LostorStolenCertificates.

(a)IfanymutilatedCertificateissurrenderedtotheTransferAgent(forCommonUnits)ortheGeneralPartner(forPartnershipInterestsotherthanCommonUnits),theappropriateofficersoftheGeneralPartneronbehalfofthePartnershipshallexecute,andtheTransferAgent(forCommonUnits)ortheGeneralPartner(forPartnershipInterestsotherthanCommonUnits)shallcountersignanddeliverinexchangetherefor,anewCertificateevidencingthesamenumberandtypeofPartnershipInterestsastheCertificatesosurrendered.

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(b)TheappropriateofficersoftheGeneralPartneronbehalfofthePartnershipshallexecuteanddeliver,andtheTransferAgent(forCommonUnits)shallcountersign,anewCertificateinplaceofanyCertificatepreviouslyissued,orissueuncertificatedCommonUnits,iftheRecordHolderoftheCertificate:

(i)makesproofbyaffidavit,informandsubstancesatisfactorytotheGeneralPartner,thatapreviouslyissuedCertificatehasbeenlost,destroyedorstolen;

(ii)requeststheissuanceofanewCertificateortheissuanceofuncertificatedUnitsbeforetheGeneralPartnerhasnoticethattheCertificatehasbeenacquiredbyapurchaserforvalueingoodfaithandwithoutnoticeofanadverseclaim;

(iii)ifrequestedbytheGeneralPartner,deliverstotheGeneralPartnerabond,informandsubstancesatisfactorytotheGeneralPartner,withsuretyorsuretiesandwithfixedoropenpenaltyastheGeneralPartnermaydirecttoindemnifythePartnership,thePartners,theGeneralPartnerandtheTransferAgentagainstanyclaimthatmaybemadeonaccountoftheallegedloss,destructionortheftoftheCertificate;and

(iv)satisfiesanyotherreasonablerequirementsimposedbytheGeneralPartner.

IfaLimitedPartnerfailstonotifytheGeneralPartnerwithinareasonableperiodoftimeafterhehasnoticeoftheloss,destructionortheftofaCertificate,andatransferoftheLimitedPartnerInterestsrepresentedbytheCertificateisregisteredbeforethePartnership,theGeneralPartnerortheTransferAgentreceivessuchnotification,theLimitedPartnershallbeprecludedfrommakinganyclaimagainstthePartnership,theGeneralPartnerortheTransferAgentforsuchtransferorforanewCertificateoruncertificatedUnits.

(c)AsaconditiontotheissuanceofanynewCertificateoruncertificatedUnitsunderthisSection4.2,theGeneralPartnermayrequirethepaymentofasumsufficienttocoveranytaxorothergovernmentalchargethatmaybeimposedinrelationtheretoandanyotherexpenses(includingthefeesandexpensesoftheTransferAgent)reasonablyconnectedtherewith.

Section4.3RecordHolders.

ThePartnershipshallbeentitledtorecognizetheRecordHolderasthePartnerwithrespecttoanyPartnershipInterestand,accordingly,shallnotbeboundtorecognizeanyequitableorotherclaimto,orinterestin,suchPartnershipInterestonthepartofanyotherPerson,regardlessofwhetherthePartnershipshallhaveactualorothernoticethereof,exceptasotherwiseprovidedbylaworanyapplicablerule,regulation,guidelineorrequirementofanyNationalSecuritiesExchangeonwhichsuchPartnershipInterestsarelistedoradmittedtotrading.Withoutlimitingtheforegoing,whenaPerson(suchasabroker,dealer,bank,trustcompanyorclearingcorporationoranagentofanyoftheforegoing)isactingasnominee,agent

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orinsomeotherrepresentativecapacityforanotherPersoninacquiringand/orholdingPartnershipInterests,asbetweenthePartnershipontheonehand,andsuchotherPersonsontheother,suchrepresentativePersonshallbe(a)theRecordHolderofsuchPartnershipInterestand(b)boundbythisAgreementandshallhavetherightsandobligationsofaPartner,asthecasemaybe,hereunderas,andtotheextent,providedherein.

Section4.4TransferGenerally.

(a)Theterm“transfer,”whenusedinthisAgreementwithrespecttoaPartnershipInterest,shallmeanatransaction(i)bywhichtheGeneralPartnerassignsitsGeneralPartnerInteresttoanotherPerson,andincludesasale,assignment,gift,pledge,encumbrance,hypothecation,mortgage,exchangeoranyotherdispositionbylaworotherwiseor(ii)bywhichtheholderofaLimitedPartnerInterestassignssuchLimitedPartnerInteresttoanotherPersonwhoisorbecomesaLimitedPartner,andincludesasale,assignment,gift,exchangeoranyotherdispositionbylaworotherwise,excludingapledge,encumbrance,hypothecationormortgagebutincludinganytransferuponforeclosureofanypledge,encumbrance,hypothecationormortgage.

(b)NoPartnershipInterestshallbetransferred,inwholeorinpart,exceptinaccordancewiththetermsandconditionssetforthinthisArticleIV.AnytransferorpurportedtransferofaPartnershipInterestnotmadeinaccordancewiththisArticleIVshallbe,tothefullestextentpermittedbylaw,nullandvoid.

(c)NothingcontainedinthisAgreementshallbeconstruedtopreventadispositionbyanystockholder,member,partnerorotherownerofanyPartnerofanyorallofthesharesofstock,membershiporlimitedliabilitycompanyinterests,partnershipinterestsorotherownershipinterestsinsuchPartner,andtheterm“transfer”shallnotmeananysuchdisposition.

Section4.5RegistrationandTransferofLimitedPartnerInterests.

(a)TheGeneralPartnershallkeeporcausetobekeptonbehalfofthePartnershiparegisterinwhich,subjecttosuchreasonableregulationsasitmayprescribeandsubjecttotheprovisionsofSection4.5(b),thePartnershipwillprovidefortheregistrationandtransferofLimitedPartnerInterests.

(b)ThePartnershipshallnotrecognizeanytransferofLimitedPartnerInterestsevidencedbyCertificatesuntiltheCertificatesevidencingsuchLimitedPartnerInterestsaresurrenderedforregistrationoftransfer.NochargeshallbeimposedbytheGeneralPartnerforsuchtransfer;provided ,thatasaconditiontotheissuanceofanynewCertificateunderthisSection4.5,theGeneralPartnermayrequirethepaymentofasumsufficienttocoveranytaxorothergovernmentalchargethatmaybeimposedwithrespectthereto.UponsurrenderofaCertificateforregistrationoftransferofanyLimitedPartnerInterestsevidencedbyaCertificate,andsubjecttotheprovisionshereof,theappropriateofficersoftheGeneralPartneronbehalfofthePartnershipshallexecuteanddeliver,andinthecaseofCertificatesevidencingLimitedPartnerInterests,theTransferAgentshallcountersignanddeliver,inthenameoftheholderorthedesignatedtransfereeortransferees,asrequiredpursuanttotheholder’sinstructions,oneormorenewCertificatesevidencingthesameaggregatenumberandtypeofLimitedPartnerInterestsaswasevidencedbytheCertificatesosurrendered.

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(c)ByacceptanceofthetransferofanyLimitedPartnerInterestsinaccordancewiththisSection4.5andexceptasprovidedinSection4.9,eachtransfereeofaLimitedPartnerInterest(includinganynomineeholderoranagentorrepresentativeacquiringsuchLimitedPartnerInterestsfortheaccountofanotherPerson)(i)shallbeadmittedtothePartnershipasaLimitedPartnerwithrespecttotheLimitedPartnerInterestssotransferredtosuchPersonwhenanysuchtransferoradmissionisreflectedinthebooksandrecordsofthePartnershipandsuchLimitedPartnerbecomestheRecordHolderoftheLimitedPartnerInterestssotransferred,(ii)shallbecomebound,andshallbedeemedtohaveagreedtobebound,bythetermsofthisAgreement,(iii)representsthatthetransfereehasthecapacity,powerandauthoritytoenterintothisAgreementand(iv)makestheconsents,acknowledgementsandwaiverscontainedinthisAgreement,allwithorwithoutexecutionofthisAgreementbysuchPerson.ThetransferofanyLimitedPartnerInterestsandtheadmissionofanynewLimitedPartnershallnotconstituteanamendmenttothisAgreement.

(d)Subjectto(i)theforegoingprovisionsofthisSection4.5,(ii)Section4.3,(iii)Section4.8,(iv)withrespecttoanyclassorseriesofLimitedPartnerInterests,theprovisionsofanystatementofdesignationsoranamendmenttothisAgreementestablishingsuchclassorseries,(v)anycontractualprovisionsbindingonanyLimitedPartnerand(vi)provisionsofapplicablelawincludingtheSecuritiesAct,LimitedPartnerInterestsshallbefreelytransferable.

(e)SubjecttoanyrestrictionsontransferexpresslyagreedtobytheGeneralPartner,HoldingsortheirAffiliates,asapplicable,orexpresslysetforthintheContributionAgreement,thisArticleIV,Section6.10orotherwiseinthisAgreement,theGeneralPartner,HoldingsandtheirAffiliatesshallhavetherightatanytimetotransfertheirCommonUnits,IncentiveDistributionRights,SeriesAPreferredUnits,SeriesCPreferredUnits,SeriesDPreferredUnitsorSeriesEPreferredUnitstooneormorePersons.

Section4.6TransferoftheGeneralPartner’sGeneralPartnerInterest.

(a)SubjecttoSection4.6(c)below,priortoJune30,2020,theGeneralPartnershallnottransferalloranypartofitsGeneralPartnerInterest(representedbyNotionalGeneralPartnerUnits)toaPersonunlesssuchtransfer(i)hasbeenapprovedbythepriorwrittenconsentorvoteoftheholdersofatleastamajorityoftheOutstandingCommonUnits(excludingCommonUnitsheldbytheGeneralPartneranditsAffiliates)or(ii)isofall,butnotlessthanall,ofitsGeneralPartnerInterestto(A)anAffiliateoftheGeneralPartner(otherthananindividual)or(B)anotherPerson(otherthananindividual)inconnectionwiththemergerorconsolidationoftheGeneralPartnerwithorintosuchotherPersonorthetransferbytheGeneralPartnerofallorsubstantiallyallofitsassetstosuchotherPerson.

(b)SubjecttoSection4.6(c)below,onorafterJune30,2020,theGeneralPartnermaytransferalloranyofitsGeneralPartnerInterestwithoutUnitholderapproval.

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(c)Notwithstandinganythinghereintothecontrary,notransferbytheGeneralPartnerofalloranypartofitsGeneralPartnerInteresttoanotherPersonshallbepermittedunless(i)thetransfereeagreestoassumetherightsanddutiesoftheGeneralPartnerunderthisAgreementandtobeboundbytheprovisionsofthisAgreement,(ii)thePartnershipreceivesanOpinionofCounselthatsuchtransferwouldnotresultinthelossoflimitedliabilityofanyLimitedPartnerundertheDelawareActorcausethePartnershiptobetreatedasanassociationtaxableasacorporationorotherwisetobetaxedasanentityforfederalincometaxpurposes(totheextentnotalreadysotreatedortaxed)and(iii)suchtransfereealsoagreestopurchaseall(ortheappropriateportionthereof,ifapplicable)ofthepartnershiporlimitedliabilitycompanymembershipinterestheldbytheGeneralPartnerasthegeneralpartnerormanagingmember,ifany,ofeachotherGroupMember.InthecaseofatransferpursuanttoandincompliancewiththisSection4.6,thetransfereeorsuccessor(asthecasemaybe)shall,subjecttocompliancewiththetermsofSection10.2,beadmittedtothePartnershipastheGeneralPartnereffectiveimmediatelypriortothetransferoftheGeneralPartnerInterest,andthebusinessofthePartnershipshallcontinuewithoutdissolution.

Section4.7TransferofIncentiveDistributionRights.

TheGeneralPartneroranyotherholderofIncentiveDistributionRightsmaytransferanyorallofitsIncentiveDistributionRightswithoutUnitholderapproval.AnyholderoftheHPIPEquityInterestmaytransferanyorallofitsIncentiveDistributionRightswithoutUnitholderapproval.Notwithstandinganythingtohereintothecontrary,(i)thetransferofCommonUnitsissuedpursuanttoSection5.11shallnotbetreatedasatransferofalloranypartoftheIncentiveDistributionRightsand(ii)notransferofIncentiveDistributionRightsorHPIPEquityIntereststoanotherPersonshallbepermittedunlessthetransfereeagreestobeboundbytheprovisionsofthisAgreement.

Section4.8RestrictionsonTransfers.

(a)NotwithstandingtheotherprovisionsofthisArticleIV,notransferofanyPartnershipInterestsshallbemadeifsuchtransferwould(i)terminatetheexistenceorqualificationofthePartnershipunderthelawsofthejurisdictionofitsformation,or(ii)causethePartnershiptobetreatedasanassociationtaxableasacorporationorotherwisetobetaxedasanentityforfederalincometaxpurposes(totheextentnotalreadysotreatedortaxed).

(b)TheGeneralPartnermayimposerestrictionsonthetransferofPartnershipInterestsifitdetermines,withtheadviceofcounsel,thatsuchrestrictionsarenecessaryoradvisableto(i)avoidasignificantriskofthePartnershipbecomingtaxableasacorporationorotherwisebecomingtaxableasanentityforU.S.federalincometaxpurposesor(ii)preservetheuniformityoftheLimitedPartnerInterests(oranyclassorclassesthereof).TheGeneralPartnermayimposesuchrestrictionsbyamendingthisAgreement;provided ,however ,thatanyamendmentthatwouldresultinthedelistingorsuspensionoftradingofanyclassofLimitedPartnerInterestsontheprincipalNationalSecuritiesExchangeonwhichsuchclassofLimitedPartnerInterestsisthenlistedoradmittedtotradingmustbeapproved,priortosuchamendmentbeingeffected,bytheholdersofatleastamajorityoftheOutstandingLimitedPartnerInterestsofsuchclass.

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(c)ThetransferofCommonUnitsthathavebeenissueduponconversionofIncentiveDistributionRightsshallbesubjecttotherestrictionsimposedbySection6.8(b).

(d)NothingcontainedinthisAgreement,otherthanSection4.8(a),shallprecludethesettlementofanytransactionsinvolvingPartnershipInterestsenteredintothroughthefacilitiesofanyNationalSecuritiesExchangeonwhichsuchPartnershipInterestsarelistedoradmittedtotrading.

(e)AnytransferofaSeriesAConversionUnit,aSeriesBConversionUnit,aSeriesCConversionUnit,aSeriesDConversionUnitoraSeriesEConversionUnitshallbesubjecttotherestrictionsimposedbySection6.10.

Section4.9EligibilityCertifications;IneligibleHolders.

(a)IfatanytimetheGeneralPartnerdetermines,withtheadviceofcounsel,that

(i)theU.S.federalincometaxstatus(orlackofproofoftheU.S.federalincometaxstatus)ofoneormoreLimitedPartnershasorisreasonablylikelytohaveamaterialadverseeffectontheratesthatcanbechargedtocustomersbyanyGroupMemberonassetsthataresubjecttoregulationbytheFERCoranalogousregulatorybody(a“Rate Eligibility Trigger ”);or

(ii)anyGroupMemberissubjecttoanyfederal,stateorlocallaworregulationthatwouldcreateasubstantialriskofcancellationorforfeitureofanypropertyinwhichtheGroupMemberhasaninterestbasedonthenationality,citizenshiporotherrelatedstatusofaPartner(a“CitizenshipEligibility Trigger ”);

then,theGeneralPartnermayadoptsuchamendmentstothisAgreementasitdeterminestobenecessaryoradvisableto(x)inthecaseofaRateEligibilityTrigger,obtainsuchproofoftheU.S.federalincometaxstatusoftheLimitedPartnersand,totheextentrelevant,theirbeneficialowners,astheGeneralPartnerdeterminestobenecessarytoestablishthoseLimitedPartnerswhoseU.S.federalincometaxstatusdoesnotorwouldnothaveamaterialadverseeffectontheratesthatcanbechargedtocustomersbyanyGroupMemberor(y)inthecaseofaCitizenshipEligibilityTrigger,obtainsuchproofofthenationality,citizenshiporotherrelatedstatusofthePartner(or,ifthePartnerisanomineeholdingfortheaccountofanotherPerson,thenationality,citizenshiporotherrelatedstatusofsuchPerson)astheGeneralPartnerdeterminestobenecessarytoestablishthosePartnerswhosestatusasPartnersdoesnotorwouldnotsubjectanyGroupMembertoasignificantriskofcancellationorforfeitureofanyofitspropertiesorintereststherein.

(b)SuchamendmentsmayincludeprovisionsrequiringallPartnerstocertifyastotheir(andtheirbeneficialowners’)statusasEligibleHoldersupondemandandonaregularbasis,asdeterminedbytheGeneralPartner,andmayrequiretransfereesofUnitstosocertifypriortobeingadmittedtothePartnershipasaPartner(anysuchrequiredcertificate,an“Eligibility Certificate ”).

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(c)SuchamendmentsmayprovidethatanyPartnerwhofailstofurnishtotheGeneralPartnerwithinareasonableperiodrequestedproofofits(anditsbeneficialowners’)statusasanEligibleHolderorifuponreceiptofsuchEligibilityCertificateorotherrequestedinformationtheGeneralPartnerdeterminesthataPartnerisnotanEligibleHolder(suchaPartneran“Ineligible Holder ”)thePartnershipInterestsownedbysuchLimitedPartnershallbesubjecttoredemptioninaccordancewiththeprovisionsofSection4.10.Inaddition,theGeneralPartnershallbesubstitutedforallLimitedPartnersthatareIneligibleHoldersastheLimitedPartnerinrespectoftheIneligibleHolders’PartnershipInterests.

(d)TheGeneralPartnershall,inexercisingvotingrightsinrespectofPartnershipInterestsheldbyitonbehalfofIneligibleHolders,distributethevotesinthesameratiosasthevotesofPartners(includingtheGeneralPartneranditsAffiliates)inrespectofPartnershipInterestsotherthanthoseofIneligibleHoldersarecast,eitherfor,againstorabstainingastothematter.

(e)UpondissolutionofthePartnership,anIneligibleHoldershallhavenorighttoreceiveadistributioninkindpursuanttoSection12.4butshallbeentitledtothecashequivalentthereof,andthePartnershipshallprovidecashinexchangeforanassignmentoftheIneligibleHolder’sshareofanydistributioninkind.SuchpaymentandassignmentshallbetreatedforPartnershippurposesasapurchasebythePartnershipfromtheIneligibleHolderofhisPartnershipInterest(representinghisrighttoreceivehisshareofsuchdistributioninkind).

(f)AtanytimeafteranIneligibleHoldercananddoescertifythathehasbecomeanEligibleHolder,anIneligibleHoldermay,uponapplicationtotheGeneralPartner,requestthatwithrespecttoanyPartnershipInterestsofsuchIneligibleHoldernotredeemedpursuanttoSection4.10,suchIneligibleHolderbeadmittedasaLimitedPartner,anduponapprovaloftheGeneralPartner,suchIneligibleHoldershallbeadmittedasaLimitedPartnerandshallnolongerconstituteanIneligibleHolderandtheGeneralPartnershallceasetobedeemedtobetheLimitedPartnerinrespectofsuchIneligibleHolder’sPartnershipInterests.

Section4.10RedemptionofPartnershipInterestsofIneligibleHolders.

(a)IfatanytimeaPartnerfailstofurnishanEligibilityCertificateorotherinformationrequestedwithintheperiodoftimespecifiedinamendmentsadoptedpursuanttoSection4.9,orifuponreceiptofsuchEligibilityCertificateorotherinformationtheGeneralPartnerdetermines,withtheadviceofcounsel,thataPartnerisnotanEligibleHolder,thePartnershipmay,unlessthePartnerestablishestothesatisfactionoftheGeneralPartnerthatsuchPartnerisanEligibleHolderorhastransferredhisPartnershipIntereststoaPersonwhoisanEligibleHolderandwhofurnishesanEligibilityCertificatetotheGeneralPartnerpriortothedatefixedforredemptionasprovidedbelow,redeemthePartnershipInterestofsuchPartnerasfollows:

(i)TheGeneralPartnershall,notlaterthanthe30thdaybeforethedatefixedforredemption,givenoticeofredemptiontothePartner,athislastaddressdesignatedontherecordsofthePartnershiportheTransferAgent,byregisteredorcertifiedmail,postageprepaid.Thenoticeshallbedeemedtohavebeengivenwhensomailed.ThenoticeshallspecifytheRedeemableInterests,thedatefixedforredemption,

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theplaceofpayment,thatpaymentoftheredemptionpricewillbemadeuponredemptionoftheRedeemableInterests(or,iflaterinthecaseofRedeemableInterestsevidencedbyCertificates,uponsurrenderoftheCertificatesevidencingtheRedeemableInterests)andthatonandafterthedatefixedforredemptionnofurtherallocationsordistributionstowhichthePartnerwouldotherwisebeentitledinrespectoftheRedeemableInterestswillaccrueorbemade.

(ii)TheaggregateredemptionpriceforRedeemableInterestsshallbeanamountequaltotheCurrentMarketPrice(thedateofdeterminationofwhichshallbethedatefixedforredemption)ofPartnershipInterestsoftheclasstobesoredeemedmultipliedbythenumberofPartnershipInterestsofeachsuchclassincludedamongtheRedeemableInterests.Theredemptionpriceshallbepaid,asdeterminedbytheGeneralPartner,incashorbydeliveryofapromissorynoteofthePartnershipintheprincipalamountoftheredemptionprice,bearinginterestattherateof5%annuallyandpayableinthreeequalannualinstallmentsofprincipaltogetherwithaccruedinterest,commencingoneyearaftertheredemptiondate.

(iii)ThePartnerorhisdulyauthorizedrepresentativeshallbeentitledtoreceivethepaymentfortheRedeemableInterestsattheplaceofpaymentspecifiedinthenoticeofredemptionontheredemptiondate(or,iflaterinthecaseofRedeemableInterestsevidencedbyCertificates,uponsurrenderbyoronbehalfofthePartnerattheplacespecifiedinthenoticeofredemption,oftheCertificatesevidencingtheRedeemableInterests,dulyendorsedinblankoraccompaniedbyanassignmentdulyexecutedinblank).

(iv)theredemptiondate,RedeemableInterestsshallnolongerconstituteissuedandOutstandingPartnershipInterests.

(b)TheprovisionsofthisSection4.10shallalsobeapplicabletoPartnershipInterestsheldbyaPartnerasnomineeofaPersondeterminedtobeanIneligibleHolder.

(c)NothinginthisSection4.10shallpreventtherecipientofanoticeofredemptionfromtransferringhisPartnershipInterestbeforetheredemptiondateifsuchtransferisotherwisepermittedunderthisAgreement.Uponreceiptofnoticeofsuchatransfer,theGeneralPartnershallwithdrawthenoticeofredemption,providedthetransfereeofsuchPartnershipInterestcertifiestothesatisfactionoftheGeneralPartnerthatheisanEligibleHolder.Ifthetransfereefailstomakesuchcertification,suchredemptionshallbeeffectedfromthetransfereeontheoriginalredemptiondate.

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ARTICLE VCAPITAL CONTRIBUTIONS AND

ISSUANCE OF PARTNERSHIP INTERESTS

Section5.1IntentionallyOmitted.

Section5.2ContributionsbytheGeneralPartnerandtheInitialLimitedPartners.

UpontheissuanceofanyadditionalLimitedPartnerInterestsbythePartnership(otherthanCommonUnitsissuedpursuanttoSection5.11),theGeneralPartnermay,inordertomaintainitsPercentageInterest,makeadditionalCapitalContributionsinanamountequaltotheproductobtainedbymultiplying(i)thequotientdeterminedbydividing(A)theGeneralPartner’sPercentageInterestimmediatelypriortotheissuanceofsuchAdditionalLimitedPartnerInterestsbythePartnershipby(B)100lesstheGeneralPartner’sPercentageInterestimmediatelypriortotheissuanceofsuchAdditionalLimitedPartnerInterestsbythePartnershiptimes(ii)theamountcontributedtothePartnershipbytheLimitedPartnersinexchangeforsuchAdditionalLimitedPartnerInterests.ExceptassetforthinArticleXII,theGeneralPartnershallnotbeobligatedtomakeanyadditionalCapitalContributionstothePartnership.

Section5.3ContributionsbyLimitedPartners.

NoLimitedPartnerwillberequiredtomakeanyCapitalContributiontothePartnershippursuanttothisAgreement.

Section5.4InterestandWithdrawalofCapitalContributions.

NointerestshallbepaidbythePartnershiponCapitalContributions.NoPartnershallbeentitledtothewithdrawalorreturnofitsCapitalContribution,excepttotheextent,ifany,thatdistributionsmadepursuanttothisAgreementoruponliquidationofthePartnershipmaybeconsideredassuchbylawandthenonlytotheextentprovidedforinthisAgreement.ExcepttotheextentexpresslyprovidedinthisAgreement,noPartnershallhavepriorityoveranyotherPartnereitherastothereturnofCapitalContributionsorastoprofits,lossesordistributions.AnysuchreturnshallbeacompromisetowhichallPartnersagreewithinthemeaningofSection17-502(b)oftheDelawareAct.

Section5.5CapitalAccounts.

(a)ThePartnershipshallmaintainforeachPartner(orabeneficialownerofPartnershipInterestsheldbyanomineeinanycaseinwhichthenomineehasfurnishedtheidentityofsuchownertothePartnershipinaccordancewithSection6031(c)oftheCodeoranyothermethodacceptabletotheGeneralPartner)owningaPartnershipInterestaseparateCapitalAccountwithrespecttosuchPartnershipInterestinaccordancewiththerulesofTreasuryRegulationSection1.704-1(b)(2)(iv).SuchCapitalAccountshallbeincreasedby(i)theamountofallCapitalContributionsmadetothePartnershipwithrespecttosuchPartnershipInterestand(ii)allitemsofPartnershipincomeandgain(includingincomeandgainexemptfromtax)computedinaccordancewithSection5.5(b)andallocatedwithrespecttosuchPartnershipInterestpursuanttoSection6.1(or otherwise in accordance with Article V ) ,anddecreasedby(x)theamountofcashorNetAgreedValueofallactualanddeemeddistributionsofcashorproperty(otherthanSeriesAPIKPreferredUnits,SeriesBPIKUnits,SeriesCPIKPreferredUnitsorSeriesEPIKPreferredUnits)madewithrespecttosuchPartnershipInterestand(y)allitemsofPartnershipdeductionandlosscomputedinaccordancewithSection5.5(b)andallocatedwithrespecttosuchPartnershipInterestpursuanttoSection6.1(or otherwise in accordance with Article V ) .Fortheavoidanceofdoubt,theSeriesAPreferredUnits,theSeriesBUnits,theSeriesCPreferredUnits,SeriesDPreferredUnitsandSeriesEPreferredUnitswillbetreatedasapartnershipinterestinthePartnershipthatis“convertibleequity”

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withinthemeaningofTreasuryRegulationSection1.721-2(g)(3),and,therefore,eachholderofaSeriesAPreferredUnit,SeriesBUnit,SeriesCPreferredUnit,SeriesDPreferredUnitsorSeriesEPreferredUnitwillbetreatedasapartnerinthePartnership,otherthanwithrespecttotheconversionfeatureoftheSeriesAPreferredUnit,SeriesBUnit,SeriesCPreferredUnit,SeriesDPreferredUnitorSeriesEPreferredUnit.TheinitialCapitalAccountbalanceinrespectofeachSeriesAPreferredUnitissuedontheSeriesAIssuanceDateshallbetheSeriesAIssuePrice,andtheinitialCapitalAccountbalanceinrespectofeachSeriesAPIKPreferredUnitshallbezero.AfteranissuanceofSeriesAPIKPreferredUnitspursuanttoSection5.12(b)(ii),theCapitalAccountsofallSeriesAPreferredUnitsthatareOutstandingpriortosuchissuanceshallbedividedequallyamongallSeriesAPreferredUnitsthatareOutstandingaftersuchissuance.TheCapitalAccountbalanceofeachholderofSeriesAPreferredUnitsinrespectofitsSeriesAPreferredUnitsshallnotbeincreasedordecreasedasaresultoftheaccrualandaccumulationofanunpaiddistributionpursuanttoSection5.12(b)(ii)(A)orSection5.12(b)(ii)(B)inrespectofsuchSeriesAPreferredUnitsexceptasotherwiseprovidedinthisAgreement.TheinitialCapitalAccountbalanceinrespectofeachSeriesBUnit(includingeachSeriesBPIKUnit)shallbetheSeriesBIssuePrice.TheinitialCapitalAccountbalanceinrespectofeachSeriesCPreferredUnitissuedontheSeriesCIssuanceDateshallbetheSeriesCIssuePrice,andtheinitialCapitalAccountbalanceinrespectofeachSeriesCPIKPreferredUnitshallbezero.AfteranissuanceofSeriesCPIKPreferredUnitspursuanttoSection5.14(b)(ii),theCapitalAccountsofallSeriesCPreferredUnitsthatareOutstandingpriortosuchissuanceshallbedividedequallyamongallSeriesCPreferredUnitsthatareOutstandingaftersuchissuance.TheCapitalAccountbalanceofeachholderofSeriesCPreferredUnitsinrespectofitsSeriesCPreferredUnitsshallnotbeincreasedordecreasedasaresultoftheaccrualandaccumulationofanunpaiddistributionpursuanttoSection5.14(b)(ii)(A)orSection5.14(b)(ii)(B)inrespectofsuchSeriesCPreferredUnitsexceptasotherwiseprovidedinthisAgreement.TheinitialCapitalAccountbalanceinrespectofeachSeriesDPreferredUnitissuedontheSeriesDIssuanceDateshallbetheSeriesDIssuePrice.TheCapitalAccountbalanceofeachholderofSeriesDPreferredUnitsinrespectofitsSeriesDPreferredUnitsshallnotbeincreasedordecreasedasaresultoftheaccrualandaccumulationofanunpaiddistributionpursuanttoSection5.15(b)(ii)(A)orSection5.15(b)(ii)(B)inrespectofsuchSeriesDPreferredUnitsexceptasotherwiseprovidedinthisAgreement.TheinitialCapitalAccountbalanceinrespectofeachSeriesEPreferredUnitissuedontheSeriesEIssuanceDateshallbetheSeriesEIssuePrice,andtheinitialCapitalAccountbalanceinrespectofeachSeriesEPIKPreferredUnitshallbezero.AfteranissuanceofSeriesEPIKPreferredUnitspursuanttoSection5.16(b)(ii),theCapitalAccountsofallSeriesEPreferredUnitsthatareOutstandingpriortosuchissuanceshallbedividedequallyamongallSeriesEPreferredUnitsthatareOutstandingaftersuchissuance.TheCapitalAccountbalanceofeachholderofSeriesEPreferredUnitsinrespectofitsSeriesEPreferredUnitsshallnotbeincreasedordecreasedasaresultoftheaccrualandaccumulationofanunpaiddistributionpursuanttoSection5.16(b)(ii)(A)orSection5.16(b)(ii)(B)inrespectofsuchSeriesEPreferredUnitsexceptasotherwiseprovidedinthisAgreement.

(b)Forpurposesofcomputingtheamountofanyitemofincome,gain,lossordeductionthatistobeallocatedpursuanttoArticleVIandistobereflectedinthePartners’CapitalAccounts,thedetermination,recognitionandclassificationofanysuchitemshallbethesameasitsdetermination,recognitionandclassificationforU.S.federalincometaxpurposes(includinganymethodofdepreciation,costrecoveryoramortizationusedforthatpurpose),provided ,that:

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(i)SolelyforpurposesofthisSection5.5,thePartnershipshallbetreatedasowningdirectlyitsproportionateshare(asdeterminedbytheGeneralPartnerbasedupontheprovisionsoftheapplicableGroupMemberAgreement)ofallpropertyownedby(x)anyotherGroupMemberthatisclassifiedasapartnershipforU.S.federalincometaxpurposesand(y)anyotherpartnership,limitedliabilitycompany,unincorporatedbusinessorotherentityclassifiedasapartnershipforU.S.federalincometaxpurposesofwhichaGroupMemberis,directlyorindirectly,apartner,memberorotherequityholder.

(ii)AllfeesandotherexpensesincurredbythePartnershiptopromotethesaleof(ortosell)aPartnershipInterestthatcanneitherbedeductednoramortizedunderSection709oftheCode,ifany,shall,forpurposesofCapitalAccountmaintenance,betreatedasanitemofdeductionatthetimesuchfeesandotherexpensesareincurredandshallbeallocatedamongthePartnerspursuanttoSection6.1.

(iii)ExceptasotherwiseprovidedinTreasuryRegulationSection1.704-1(b)(2)(iv)(m),thecomputationofallitemsofincome,gain,lossanddeductionshallbemadewithoutregardtoanyelectionunderSection754oftheCodethatmaybemadebythePartnershipand,astothoseitemsdescribedinSection705(a)(1)(B)or705(a)(2)(B)oftheCode,withoutregardtothefactthatsuchitemsarenotincludableingrossincomeorareneithercurrentlydeductiblenorcapitalizedforU.S.federalincometaxpurposes.TotheextentanadjustmenttotheadjustedtaxbasisofanyPartnershipassetpursuanttoSection734(b)or743(b)oftheCodeisrequired,pursuanttoTreasuryRegulationSection1.704-1(b)(2)(iv)(m),tobetakenintoaccountindeterminingCapitalAccounts,theamountofsuchadjustmentintheCapitalAccountsshallbetreatedasanitemofgainorloss.

(iv)Anyincome,gainorlossattributabletothetaxabledispositionofanyPartnershippropertyshallbedeterminedasiftheadjustedbasisofsuchpropertyasofsuchdateofdispositionwereequalinamounttothePartnership’sCarryingValuewithrespecttosuchpropertyasofsuchdate.

(v)InaccordancewiththerequirementsofSection704(b)oftheCode,anydeductionsfordepreciation,costrecoveryoramortizationattributabletoanyContributedPropertyshallbedeterminedasiftheadjustedbasisofsuchpropertyonthedateitwasacquiredbythePartnershipwereequaltotheAgreedValueofsuchproperty.UponanadjustmentpursuanttoSection5.5(d)totheCarryingValueofanyPartnershippropertysubjecttodepreciation,costrecoveryoramortization,anyfurtherdeductionsforsuchdepreciation,costrecoveryoramortizationattributabletosuchpropertyshallbedetermined,undertherulesprescribedbyTreasuryRegulationSection1.704-3(d)(2),asiftheadjustedbasisofsuchpropertywereequaltotheCarryingValueofsuchpropertyimmediatelyfollowingsuchadjustment.

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(vi)TheGrossLiabilityValueofeachLiabilityofthePartnershipdescribedinTreasuryRegulationSection1.752-7(b)(3)(i)shallbeadjustedatsuchtimesasprovidedinthisAgreementforanadjustmenttoCarryingValues.Theamountofanysuchadjustmentshallbetreatedforpurposeshereofasanitemofloss(iftheadjustmentincreasestheCarryingValueofsuchLiabilityofthePartnership)oranitemofgain(iftheadjustmentdecreasestheCarryingValueofsuchLiabilityofthePartnership).

(c)AtransfereeofaPartnershipInterestshallsucceedtoaProRataportionoftheCapitalAccountofthetransferorrelatingtothePartnershipInterestsotransferred.

(i)Reserved.

(ii)UpontheissuanceofIDRResetCommonUnitspursuanttoSection5.11(a),theCapitalAccountmaintainedwithrespecttotheIncentiveDistributionRightsshall(A)first,beallocatedtoIDRResetCommonUnitsinanamountequaltotheproductof(x)theAggregateQuantityofIDRResetCommonUnitsand(y)thePerUnitCapitalAmountforanIPOCommonUnit,and(B)second,anyremainingbalanceinsuchCapitalAccountwillberetainedbytheholderoftheIncentiveDistributionsRights.IntheeventthatthereisnotasufficientCapitalAccountassociatedwiththeIncentiveDistributionRightstoallocatethefullPerUnitCapitalAmountforanIPOCommonUnittotheIDRResetCommonUnitsinaccordancewithclause(A)ofthisSection5.5(c)(ii),theIDRResetCommonUnitsshallbesubjecttoSection6.1(d)(x)(B)andSection6.1(d)(x)(C).

(iii)SubjecttoSection6.11,immediatelypriortothetransferofanOptionUnitbyaholderthereof(otherthanatransfertoanAffiliateoftheassignorunlesstheGeneralPartnerelectstohavethisSection5.5(c)(iii)apply),theCapitalAccountmaintainedforsuchPersonwithrespecttoitstransferredOptionUnitswill(A)first,beallocatedtotheOptionUnitsinanamountequaltotheproductof(x)thenumberofsuchOptionUnitstobetransferredand(y)thePerUnitCapitalAmountforaCommonUnit,and(B)second,anyremainingbalanceinsuchCapitalAccountwillberetainedbythetransferor,regardlessofwhetherithasretainedanyOptionUnits.Followinganysuchallocation,thetransferor’sCapitalAccount,ifany,maintainedwithrespecttotheretainedOptionUnits,ifany,willhaveabalanceequaltotheamountallocatedunderclause(B)hereinabove,andthetransferee’sCapitalAccountestablishedwithrespecttothetransferredOptionUnitswillhaveabalanceequaltotheamountallocatedunderclause(A)hereinabove.

(iv)ImmediatelypriortothetransferofaPost-InitialIssuanceSeriesBUnitbyaholderthereof(otherthanatransfertoanAffiliateunlesstheGeneralPartnerelectstohavethisSection5.5(c)(iv)apply),theaggregateCapitalAccountmaintainedforsuchPersonwithrespecttoitsPost-InitialIssuanceSeriesBUnitswill(A)first,beallocatedtothePost-InitialIssuanceSeriesBUnitstobetransferredinanamountequaltotheproductof(x)thenumberofsuchPost-InitialIssuanceSeriesBUnitstobetransferredand(y)thePerUnitCapitalAmountforaCommonUnitthatisnotaPost-InitialIssuanceSeriesBUnit,and(B)second,anyremainingpositivebalanceinsuchCapitalAccountwillberetainedbythetransferor,regardlessofwhetherithasretained

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anyPost-InitialIssuanceSeriesBUnitsandiftheremainingbalancewouldbenegative,itemsofPartnershipincomeandgainshallbespeciallyallocatedtosuchtransferorPartnerinanamountandmannersufficienttoeliminatethedeficitinitsCapitalAccountasquicklyaspossible.Followinganysuchallocation,thetransferor’sCapitalAccount,ifany,maintainedwithrespecttotheretainedPost-InitialIssuanceSeriesBUnits,ifany,willhaveabalanceequaltotheamountallocatedunderclause(B)above,andthetransferee’sCapitalAccountestablishedwithrespecttothetransferredPost-InitialIssuanceSeriesBUnitswillhaveabalanceequaltotheamountallocatedunderclause(A)above.

(d)

(i)InaccordancewithTreasuryRegulationSection1.704-1(b)(2)(iv)(f),and1.704-1(b)(2)(iv)(b)(2)on(A)anissuanceofadditionalPartnershipInterestsforcashorotherproperty(otherthananissuanceofSeriesAPIKPreferredUnits,SeriesBPIKUnits,SeriesCPIKPreferredUnitsorSeriesEPIKPreferredUnits),(B)theissuanceofadditionalPartnershipInterestsasconsiderationfortheprovisionofservices,(C)theissuancebythePartnershipofa“noncompensatoryoption”withinthemeaningofTreasuryRegulationsSections1.721-2(f)and1.761-3(b)(2)whichisnottreatedasapartnershipinterestpursuanttoTreasuryRegulationsSection1.761-3(a)(otherthananissuanceofSeriesAPIKPreferredUnitspursuanttoSection5.12(b)(ii),theissuanceofSeriesBPIKUnitspursuanttoSection5.13(d),theissuanceofSeriesCPIKPreferredUnitspursuanttoSection5.14(b)(ii)ortheissuanceofSeriesEPIKPreferredUnitspursuanttoSection5.16(b)(ii)),or(D)theconversionofaGeneralPartner’sCombinedInteresttoCommonUnitspursuanttoSection11.3(b),theCapitalAccountofeachPartnerandtheCarryingValueofeachPartnershippropertyshallbeadjustedimmediatelypriortosucheventtoreflectanyUnrealizedGainorUnrealizedLossattributabletosuchPartnershipproperty,asifsuchUnrealizedGainorUnrealizedLosshadbeenrecognizedonanactualsaleofeachsuchpropertyforanamountequaltoitsfairmarketvalueimmediatelypriortosucheventandhadbeenallocatedpursuanttoSection6.1(c)andSection6.1(d)(andtotheextentapplicable,ArticleV)inthesamemannerasanyitemofgainorlossactuallyrecognizedfollowinganeventgivingrisetothedissolutionofthePartnershipwouldhavebeenallocated;provided ,however ,thatintheeventoftheissuanceofaPartnershipInterestpursuanttotheexerciseofaNoncompensatoryOptionwheretherighttoshareinPartnershipcapitalrepresentedbysuchPartnershipInterestdiffersfromtheconsiderationpaidtoacquireandexercisesuchoption,theCarryingValueofeachPartnershippropertyimmediatelyaftertheissuanceofsuchPartnershipInterestshallbeadjustedupwardordownwardtoreflectanyUnrealizedGainorUnrealizedLossattributabletosuchPartnershippropertyandtheCapitalAccountsofthePartnersshallbeadjustedinamannerconsistentwithTreasuryRegulationSection1.704-1(b)(2)(iv)(s);providedfurther,thatintheeventofanissuanceofPartnershipInterestsforademinimisamountofcashorContributedProperty,intheeventofanissuanceofaNoncompensatoryOptiontoacquireademinimisPartnershipInterestorintheeventofanissuanceofademinimisamountofPartnershipInterestsasconsiderationfortheprovisionofservices,theGeneralPartnermaydeterminethatsuchadjustmentsareunnecessaryfortheproperadministrationofthePartnership.TheGeneralPartnershalladjustsuchCarryingValuesinrespectofthecontributionsthatare

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madeontheClosingDate.IndeterminingsuchUnrealizedGainorUnrealizedLoss,theaggregatecashamountandfairmarketvalueofallPartnershipassetsimmediatelypriortosuchevent(or,inthecaseofaRevaluationEventresultingfromtheexerciseofaNoncompensatoryOption,immediatelyaftertheissuanceofthePartnershipInterestacquiredpursuanttotheexerciseofsuchNoncompensatoryOption)shallbedeterminedbytheGeneralPartnerusingsuchreasonablemethodofvaluationasitmayadopt(takingintoaccountSection7701(g)oftheCode);provided ,however ,thattheGeneralPartner,inarrivingatsuchvaluation,musttakefullyintoaccountthefairmarketvalueofthePartnershipInterestsofallPartnersatsuchtimeandmustmakesuchadjustmentstosuchvaluationasrequiredbyTreasuryRegulationSection1.704-1(b)(2)(iv)(h)(2).TheGeneralPartnershallallocatesuchaggregatevalueamongtheassetsofthePartnershipinsuchmannerasitdeterminesinitsdiscretiontobereasonable.AbsentacontrarydeterminationbytheGeneralPartner,theaggregatefairmarketvalueofallPartnershipproperty(including,withoutlimitation,cashorcashequivalents)immediatelypriortoaRevaluationEventshallbethevaluethatwouldresultintheCapitalAccountforeachCommonUnitthatisOutstandingpriortosuchRevaluationEventbeingequaltotheEventIssueValue.

(ii)InaccordancewithTreasuryRegulationSection1.704-1(b)(2)(iv)(f),immediatelypriortoanyactualordeemeddistributiontoaPartnerofanyPartnershipproperty(otherthanadistributionofcashthatisnotinredemptionorretirementofaPartnershipInterest),theCapitalAccountsofallPartnersandtheCarryingValueofallPartnershippropertyshallbeadjustedupwardordownwardtoreflectanyUnrealizedGainorUnrealizedLossattributabletosuchPartnershipproperty,asifsuchUnrealizedGainorUnrealizedLosshadbeenrecognizedinasaleofsuchpropertyimmediatelypriortosuchdistributionforanamountequaltoitsfairmarketvalue,andhadbeenallocatedtothePartners,atsuchtime,pursuanttoSection6.1(c)andSection6.1(d)(andtotheextentapplicable,ArticleV)inthesamemannerasanyitemofgainorlossactuallyrecognizedfollowinganeventgivingrisetothedissolutionofthePartnershipwouldhavebeenallocated.IndeterminingsuchUnrealizedGainorUnrealizedLosstheaggregatefairmarketvalueofallPartnershipassets(includingcashorcashequivalents)immediatelypriortoadistributionshall(A)inthecaseofanactualdistributionthatisnotmadepursuanttoSection12.4orinthecaseofadeemeddistribution,bedeterminedandallocatedinthesamemannerasthatprovidedinSection5.5(d)(i)or(B)inthecaseofaliquidatingdistributionpursuanttoSection12.4,bedeterminedandallocatedbytheLiquidatorusingsuchmethodofvaluationasitmayadopt.

(iii)InaccordancewithTreasuryRegulationSection1.704-1(b)(2)(iv)(s),immediatelyaftertheconversionofaSeriesAPreferredUnit,SeriesBUnit,SeriesCPreferredUnit,SeriesDPreferredUnitorSeriesEPreferredUnitintoCommonUnitsinaccordancewithSection5.12(b)(viii),Section5.13(c),Section5.14(b)(viii),Section5.15(b)(viii)orSection5.16(b)(viii),asapplicable,orupontheexerciseofanyotherNoncompensatoryOptionintoaCommonUnitpursuanttothisAgreement,theCapitalAccountofeachPartnerandtheCarryingValueofeachPartnershippropertyshallbeadjustedtoreflectanyUnrealizedGainorUnrealizedLossattributabletosuchPartnershipproperty,asifsuchUnrealizedGainorUnrealizedLoss

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hadbeenrecognizedonanactualsaleofeachsuchpropertyforanamountequaltoitsfairmarketvalueimmediatelyaftersuchconversionand(A)first,allUnrealizedGain(iftheCapitalAccountofeachsuchConvertedorExercisedUnitislessthanthePerUnitCapitalAmountforathenOutstandingIPOCommonUnit)orUnrealizedLoss(iftheCapitalAccountofeachsuchConvertedorExercisedUnitisgreaterthanthePerUnitCapitalAmountforathenOutstandingIPOCommonUnit)hadbeenallocatedProRatatoeachPartnerholdinganyConvertedorExercisedUnitreceiveduponsuchconversionuntiltheCapitalAccountofeachsuchConvertedorExercisedUnitisequaltothePerUnitCapitalAmountforathenOutstandingIPOCommonUnit;and(B)second,anyremainingUnrealizedGainorUnrealizedLosshadbeenallocatedtothePartnersatsuchtimepursuanttoSection6.1(c)andSection6.1(d)(andtotheextentapplicable,ArticleV).IndeterminingsuchUnrealizedGainorUnrealizedLoss,theaggregatecashamountandfairmarketvalueofallPartnershipassetsimmediatelyaftertheconversionofaConvertedorExercisedUnitshallbedeterminedbytheGeneralPartnerusingsuchreasonablemethodofvaluationasitmayadopt(takingintoaccountSection7701(g)oftheCode);provided ,however ,thattheGeneralPartner,inarrivingatsuchvaluation,musttakefullyintoaccountthefairmarketvalueofthePartnershipInterestsofallPartnersatsuchtimeandmustmakesuchadjustmentstosuchvaluationasrequiredbyTreasuryRegulationSection1.704-1(b)(2)(iv)(h)(2).TheGeneralPartnershallallocatesuchaggregatevalueamongtheassetsofthePartnershipinsuchmannerasitdeterminesinitsdiscretiontobereasonable.If,aftermakingtheallocationsofUnrealizedGainandUnrealizedLossassetforthaboveinthisSection5.5(d)(iii),theCapitalAccountofeachPartnerwithrespecttoeachConvertedorExercisedUnitreceiveduponsuchconversionoftheSeriesAPreferredUnit,SeriesBUnit,SeriesCPreferredUnit,SeriesDPreferredUnit,SeriesEPreferredUnitorotherNoncompensatoryOption,asapplicable,islessthanthePerUnitCapitalAmountforathenOutstandingIPOCommonUnit,thenCapitalAccountbalancesshallbereallocatedbetweenthePartnersholdingCommonUnits(otherthanConvertedorExercisedUnits)andPartnersholdinganyConvertedorExercisedUnitsoastocausetheCapitalAccountofeachPartnerholdingaConvertedorExercisedUnittoequal,onaperUnitbasiswithrespecttoeachsuchConvertedorExercisedUnit,thePerUnitCapitalAmountforathenOutstandingIPOCommonUnit.

Section5.6IssuancesofAdditionalPartnershipInterests.

(a)ThePartnershipmayissueadditionalPartnershipInterestsandoptions,rights,warrants,appreciationrights,trackingandphantominterests,andothereconomicinterestsrelatingtothePartnershipInterests(includingpursuanttoSection7.4(c))foranypartnershippurposeatanytimeandfromtimetotimetosuchPersonsforsuchconsiderationandonsuchtermsandconditionsastheGeneralPartnershalldetermine,allwithouttheapprovalofanyLimitedPartners.

(b)EachadditionalPartnershipInterestorothersecurityauthorizedtobeissuedbythePartnershippursuanttoSection5.6(a)orSection7.4(c)maybeissuedinoneormoreclasses,oroneormoreseriesofanysuchclasses,withsuchdesignations,preferences,rights,powersandduties(whichmaybeseniortoexistingclassesandseriesofPartnershipInterestsorothersecurities),asshallbefixedbytheGeneralPartner,including(i)therighttoshareinPartnershipprofitsandlossesoritemsthereof;(ii)therighttoshareinPartnership

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distributions;(iii)therightsupondissolutionandliquidationofthePartnership;(iv)whether,andthetermsandconditionsuponwhich,thePartnershipmayorshallberequiredtoredeemthePartnershipInterest(includingsinkingfundprovisions)orothersecurity;(v)whethersuchPartnershipInterestorothersecurityisissuedwiththeprivilegeofconversionorexchangeand,ifso,thetermsandconditionsofsuchconversionorexchange;(vi)thetermsandconditionsuponwhicheachPartnershipInterestorothersecuritywillbeissued,evidencedbycertificatesandassignedortransferred;(vii)themethodfordeterminingthePercentageInterestastosuchPartnershipInterest;and(viii)theright,ifany,ofeachsuchPartnershipInteresttovoteonPartnershipmatters,includingmattersrelatingtotherelativerights,preferencesandprivilegesofsuchPartnershipInterest.

(c)TheGeneralPartnershalltakeallactionsthatitdeterminestobenecessaryorappropriateinconnectionwith(i)eachissuanceofPartnershipInterestsandoptions,rights,warrants,appreciationrights,trackingandphantominterests,andothereconomicinterestsinthePartnershiporrelatingtoPartnershipInterestspursuanttothisSection5.6orSection7.4(c),(ii)theconversionoftheCombinedInterestintoUnitspursuanttothetermsofthisAgreement,(iii)theissuanceofCommonUnitspursuanttoSection5.11,(iv)theadmissionofAdditionalLimitedPartnersand(v)alladditionalissuancesofPartnershipInterests.TheGeneralPartnershalldeterminetherelativerights,powersanddutiesoftheholdersoftheUnitsorotherPartnershipInterestsorothersecuritiesbeingsoissued.TheGeneralPartnershalldoallthingsnecessarytocomplywiththeDelawareActandisauthorizedanddirectedtodoallthingsthatitdeterminestobenecessaryorappropriateinconnectionwithanyfutureissuanceofPartnershipInterestsorothersecuritiesorinconnectionwiththeconversionoftheCombinedInterestintoUnitspursuanttothetermsofthisAgreement,includingcompliancewithanystatute,rule,regulationorguidelineofanyfederal,stateorothergovernmentalagencyoranyNationalSecuritiesExchangeonwhichtheUnitsorotherPartnershipInterestsarelistedoradmittedtotrading.

(d)NofractionalUnitsshallbeissuedbythePartnership.

Section5.7Reserved.

Section5.8LimitedPreemptiveRights.

(a)ExceptasprovidedinthisSection5.8andinSection5.2orasotherwiseprovidedinaseparateagreementbythePartnership,noPersonshallhaveanypreemptive,preferentialorothersimilarrightwithrespecttotheissuanceofanyPartnershipInterestorothersecurity,whetherunissued,heldinthetreasuryorhereaftercreated.TheGeneralPartnershallhavetheright,thatitmayfromtimetotimeassigninwholeorinparttoanyofitsAffiliates,topurchasePartnershipInterestsfromthePartnershipwhenever,andonthesametermsthat,thePartnershipissuesPartnershipIntereststoPersonsotherthantheGeneralPartneranditsAffiliates,totheextentnecessarytomaintainthePercentageInterestsoftheGeneralPartneranditsAffiliatesequaltothatwhichexistedimmediatelypriortotheissuanceofsuchPartnershipInterests.AnydeterminationbytheGeneralPartnerwhethertoexerciseitsrightpursuanttotheimmediatelyprecedingsentenceshallbeadeterminationmadeinitsindividualcapacityandnotasthegeneralpartnerofthePartnership,andsuchdeterminationmaybemadeinaccordancewithSection7.9(c).

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(b)IfaClassDMemberoranyofitsAffiliatesholdsanyLimitedPartnerInterestswhilethePartnershipissuesLimitedPartnerInterestsofthesameclassassuchLimitedPartnerInterests(otherthan(i)SeriesAPIKPreferredUnits,SeriesBPIKUnits,SeriesCPIKPreferredUnitsorSeriesEPIKPreferredUnitsor(ii)LimitedPartnerInterestspurchasedbytheGeneralPartnerpursuanttoSection5.2orSection5.8(a))totheClassAMemberoranyofitsAffiliates,suchClassDMembershallhavetherighttopurchaseLimitedPartnerInterestsofsuchclassfromthePartnershipuptotheamountnecessarytomaintaintheaggregatePercentageInterestofsuchClassDMemberanditsAffiliatesequaltothatwhichexistedimmediatelypriortotheissuanceofsuchLimitedPartnerInterestsonthesametermsprovidedtotheClassAMemberoritsAffiliates.ThePartnershipshallgivepromptwrittennoticeofthePartnership’sproposaltoissueLimitedPartnerInterests(otherthan(i)SeriesAPIKPreferredUnits,SeriesBPIKUnits,SeriesCPIKPreferredUnitsorSeriesEPIKPreferredUnitsor(ii)LimitedPartnerInterestspurchasedbytheGeneralPartnerpursuanttoSection5.2or5.8(a))totheClassAMemberoranyofitsAffiliatestoeachClassDMember.Suchwrittennoticeshallsetforth(A)theLimitedPartnerInterestsbeingoffered,(B)thepriceandterms,ifany,uponwhichthePartnershipproposestoissuesuchLimitedPartnerInterestsand(C)theproposeddateoftheclosingoftheissuanceofsuchLimitedPartnerInterests.EachClassDMembershallhaveten(10)BusinessDaysafterreceiptofsuchnoticetosubmitawrittennotice(a“Class D Exercise Notice ”)tothePartnership.TheClassDExerciseNoticeshallsetforththeportionoftheLimitedPartnerIntereststhatsuchClassDMemberelectstopurchase.

(c)IfthePartnershipissuesLimitedPartnerInterests(otherthan(i)SeriesAPIKPreferredUnits,SeriesBPIKUnits,SeriesCPIKPreferredUnitsSeriesCConversionUnitsorSeriesDConversionUnits,(ii)LimitedPartnerInterestspurchasedbytheGeneralPartnerpursuanttoSection5.2orSection5.8(a),(iii)LimitedPartnerInterestsissuedtofinancealloraportionoftheconstruction,acquisition,developmentorimprovementofaCapitalImprovementorreplacementofacapitalasset(suchasequipmentorfacilities),or(iv)LimitedPartnerInterestsissuedonaproratabasistoallholdersofCommonUnits)totheSeriesCPreferredUnitPartner,SeriesDPreferredUnitPartneroranyoftheirAffiliates,theSeriesEPreferredUnitPartnershallhavetherighttopurchasesuchLimitedPartnerInterestsfromthePartnershipuptotheamountnecessarytomaintainthePercentageInterestoftheSeriesEPreferredUnitPartnerequaltothatwhichexistedimmediatelypriortotheissuanceofsuchLimitedPartnerInterestsonthesametermsprovidedtotheSeriesCPreferredUnitPartner,SeriesDPreferredUnitPartneroranyoftheirAffiliates.ThePartnershipshallgivepromptwrittennoticeofthePartnership’sproposaltoissueLimitedPartnerInterests(otherthan(i)SeriesAPIKPreferredUnits,SeriesBPIKUnits,SeriesCPIKPreferredUnits,SeriesCConversionUnitsorSeriesDConversionUnits,(ii)LimitedPartnerInterestspurchasedbytheGeneralPartnerpursuanttoSection5.2orSection5.8(a),or(iii)LimitedPartnerInterestsissuedtofinancealloraportionoftheconstruction,acquisition,developmentorimprovementofaCapitalImprovementorreplacementofacapitalasset(suchasequipmentorfacilities)or(iv)LimitedPartnerInterestsissuedonaproratabasistoallholdersofCommonUnits)totheSeriesCPreferredUnitPartner,SeriesDPreferredUnitPartneroranyoftheirAffiliates,totheSeriesEPreferredUnitPartner.Suchwrittennoticeshallsetforth(A)theLimitedPartnerInterestsbeingoffered,(B)thepriceandterms,ifany,uponwhichthePartnershipproposestoissuesuchLimitedPartnerInterestsand(C)theproposeddateoftheclosingoftheissuanceofsuchLimitedPartnerInterests.TheSeriesEPreferredUnitPartnershallhaveten(10)BusinessDaysafterreceiptofsuchnoticetosubmitawrittennotice(a“Series EExercise Notice ”)tothePartnership.TheSeriesEExerciseNoticeshallsetforththeportionoftheLimitedPartnerIntereststhatsuchSeriesEPreferredUnitPartnerelectstopurchase.

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Section5.9SplitsandCombinations.

(a)SubjecttoSection5.9(d),Section6.6andSection6.9(dealingwithadjustmentsofdistributionlevels),thePartnershipmaymakeaProRatadistributionofPartnershipIntereststoallRecordHoldersormayeffectasubdivisionorcombinationofPartnershipInterestssolongas,afteranysuchevent,eachPartnershallhavethesamePercentageInterestinthePartnershipasbeforesuchevent,andanyamountscalculatedonaper-Unitbasis(includinganyCommonUnitArrearageorCumulativeCommonUnitArrearage)orstatedasanumberofUnits(includingthenumberofCommonUnitsintowhichSeriesAPreferredUnits,SeriesBUnits,SeriesCPreferredUnits,SeriesDPreferredUnitsorSeriesEPreferredUnitsmaybeconvertedinto)areproportionatelyadjusted.

(b)WheneversuchaProRatadistribution,subdivisionorcombinationofPartnershipInterestsisdeclared,theGeneralPartnershallselectaRecordDateasofwhichthedistribution,subdivisionorcombinationshallbeeffectiveandshallsendnoticethereofatleast20dayspriortosuchRecordDatetoeachRecordHolderasofadatenotlessthan10dayspriortothedateofsuchnotice.TheGeneralPartneralsomaycauseafirmofindependentpublicaccountantsselectedbyittocalculatethenumberofPartnershipIntereststobeheldbyeachRecordHolderaftergivingeffecttosuchdistribution,subdivisionorcombination.TheGeneralPartnershallbeentitledtorelyonanycertificateprovidedbysuchfirmasconclusiveevidenceoftheaccuracyofsuchcalculation.

(c)IfaProRatadistributionofPartnershipInterests,orasubdivisionorcombinationofPartnershipInterests,ismadeascontemplatedinthisSection5.9,thenumberofNotionalGeneralPartnerUnitsconstitutingthePercentageInterestoftheGeneralPartner(asdeterminedimmediatelypriortotheRecordDateforsuchdistribution,subdivisionorcombination)shallbeappropriatelyadjustedasoftheeffectivedateforpaymentofsuchdistribution,subdivisionorcombinationtomaintainsuchPercentageInterestoftheGeneralPartner.

(d)Promptlyfollowinganysuchdistribution,subdivisionorcombination,thePartnershipmayissueCertificatesoruncertificatedPartnershipIntereststotheRecordHoldersofPartnershipInterestsasoftheapplicableRecordDaterepresentingthenewnumberofPartnershipInterestsheldbysuchRecordHolders,ortheGeneralPartnermayadoptsuchotherproceduresthatitdeterminestobenecessaryorappropriatetoreflectsuchchanges.IfanysuchcombinationresultsinasmallertotalnumberofPartnershipInterestsOutstanding,thePartnershipshallrequire,asaconditiontothedeliverytoaRecordHolderofsuchnewCertificateoruncertificatedPartnershipInterests,thesurrenderofanyCertificateheldbysuchRecordHolderimmediatelypriortosuchRecordDate.

(e)ThePartnershipshallnotissuefractionalUnitsorNotionalGeneralPartnerUnitsuponanydistribution,subdivisionorcombinationofUnits.Ifadistribution,subdivisionorcombinationofUnitswouldresultintheissuanceoffractionalUnitsorfractionalNotionalGeneralPartnerUnitsbutfortheprovisionsofthisSection5.9(e),eachfractionalUnitorfractionalNotionalGeneralPartnerUnitshallberoundedtothenearestwholeUnitorNotionalGeneralPartnerUnit(anda0.5UnitorNotionalGeneralPartnerUnitshallberoundedtothenexthigherUnitorNotionalGeneralPartnerUnit).

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(f)Fortheavoidanceofdoubt,uponanyProRatadistributionofPartnershipIntereststoallRecordHoldersofCommonUnitsoranysubdivisionorcombination(orreclassificationintoagreaterorsmallernumber)ofCommonUnits,thePartnershipwillproportionatelyadjustthenumberofSeriesBUnitsasfollows:(i)ifthePartnershipissuesPartnershipInterestsasadistributiononitsCommonUnitsorsubdividestheCommonUnits(orreclassifiesthemintoagreaternumberofCommonUnits),thentheSeriesBUnitsshallbesubdividedintoanumberofSeriesBUnitsequaltotheresultofmultiplyingthenumberofSeriesBUnitsbyafraction,(A)thenumeratorofwhichshallbethesumofthenumberofCommonUnitsoutstandingimmediatelypriortosuchdistributionorsubdivisionplusthetotalnumberofPartnershipInterestsconstitutingsuchdistributionornewlycreatedbysuchsubdivision,and(B)thedenominatorofwhichshallbethenumberofCommonUnitsoutstandingimmediatelypriortosuchdistributionorsubdivision,and(ii)ifthePartnershipcombinestheCommonUnits(orreclassifiesthemintoasmallernumberofCommonUnits),thentheSeriesBUnitsshallbecombinedintoanumberofSeriesBUnitsequaltotheresultofmultiplyingthenumberofSeriesBUnitsbyafraction,(A)thenumeratorofwhichshallbethesumofthenumberofCommonUnitsoutstandingimmediatelyfollowingsuchcombination,and(B)thedenominatorofwhichshallbethenumberofCommonUnitsoutstandingimmediatelypriortosuchcombination.

Section5.10FullyPaidandNon-AssessableNatureofLimitedPartnerInterests.

AllLimitedPartnerInterestsissuedpursuantto,andinaccordancewiththerequirementsof,thisArticleVshallbefullypaidandnon-assessableLimitedPartnerInterestsinthePartnership,exceptassuchnon-assessabilitymaybeaffectedbyeitherorbothofSections17-607and17-804oftheDelawareAct.

Section5.11IssuanceofCommonUnitsinConnectionwithResetofIncentiveDistributionRights.

(a)SubjecttotheprovisionsofthisSection5.11,theholderoftheIncentiveDistributionRights(or,ifthereismorethanoneholderoftheIncentiveDistributionRights,theholdersofamajorityininterestoftheIncentiveDistributionRights)shallhavetheright,exercisableatitsoptionatanytimewhenthePartnershiphasmadeadistributiononitsCommonUnitsexceedingtheTargetDistributionforeachofthefourmostrecentlycompletedQuartersandtheamountofeachsuchdistributiondidnotexceedAdjustedOperatingSurplusforsuchQuarter,tomakeanelection(the“IDR Reset Election ”)tocausetheMinimumQuarterlyDistributiontoberesetinaccordancewiththeprovisionsofSection5.11(e)and,inconnectiontherewith,theholderorholdersoftheIncentiveDistributionRightswillbecomeentitledtoreceivetheirrespectiveproportionateshareofanumberofCommonUnits(the“IDR Reset Common Units ”)derivedbydividing(i)theaverageaggregateamountofcashdistributionsmadebythePartnershipforthetwofullQuartersimmediatelyprecedingthegivingoftheResetNotice(asdefinedinSection5.11(b))inrespectoftheIncentiveDistributionRightsby(ii)theaverageofthecashdistributionsmadebythePartnershipinrespectofeachCommonUnitfor

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thetwofullQuartersimmediatelyprecedingthegivingoftheResetNotice(thenumberofCommonUnitsdeterminedbysuchquotientisreferredtohereinasthe“Aggregate Quantity of IDR Reset Common Units ”).IfatthetimeofanyIDRResetElectiontheGeneralPartneranditsAffiliatesarenottheholdersofamajorityinterestoftheIncentiveDistributionRights,thentheIDRResetElectionshallbesubjecttothepriorwrittenconcurrenceoftheGeneralPartnerthattheconditionsdescribedintheimmediatelyprecedingsentencehavebeensatisfied.ThePercentageInterestoftheGeneralPartner,withrespecttotheGeneralPartnerInterest,aftertheissuanceoftheAggregateQuantityofIDRResetCommonUnitsshallequalthePercentageInterestoftheGeneralPartner,withrespecttotheGeneralPartnerInterest,priortotheissuanceoftheAggregateQuantityofIDRResetCommonUnitsandtheGeneralPartnershallnotbeobligatedtomakeanyadditionalCapitalContributiontothePartnershipinordertomaintainitsPercentageInterestinconnectiontherewithandshallbeissuedanadditionalnumberofNotionalGeneralPartnerUnitsasisrequiredtomaintainsuchPercentageInterest.ThemakingoftheIDRResetElectioninthemannerspecifiedinSection5.11(b)shallcausetheMinimumQuarterlyDistributiontoberesetinaccordancewiththeprovisionsofSection5.11(e)and,inconnectiontherewith,theholderorholdersoftheIncentiveDistributionRightswillbecomeentitledtoreceiveIDRResetCommonUnitsonthebasisspecifiedabove,withoutanyfurtherapprovalrequiredbytheGeneralPartnerortheUnitholders,atthetimespecifiedinSection5.11(c)unlesstheIDRResetElectionisrescindedpursuanttoSection5.11(d).

(b)ToexercisetherightspecifiedinSection5.11(a),theholderoftheIncentiveDistributionRights(or,ifthereismorethanoneholderoftheIncentiveDistributionRights,theholdersofamajorityininterestoftheIncentiveDistributionRights)shalldeliverawrittennotice(the“Reset Notice ”)tothePartnership.Within10BusinessDaysafterthereceiptbythePartnershipofsuchResetNotice,thePartnershipshalldeliverawrittennoticetotheholderorholdersoftheIncentiveDistributionRightsofthePartnership’sdeterminationoftheaggregatenumberofIDRResetCommonUnitsthateachholderofIncentiveDistributionRightswillbeentitledtoreceive.

(c)TheholderorholdersoftheIncentiveDistributionRightswillbeentitledtoreceivetheAggregateQuantityofIDRResetCommonUnitsonthefifteenthBusinessDayafterreceiptbythePartnershipoftheResetNotice;provided ,however ,thattheissuanceofIDRResetCommonUnitstotheholderorholdersoftheIncentiveDistributionRightsshallnotoccurpriortotheapprovalofthelistingoradmissionfortradingofsuchIDRResetCommonUnitsbytheprincipalNationalSecuritiesExchangeuponwhichtheCommonUnitsarethenlistedoradmittedfortradingifanysuchapprovalisrequiredpursuanttotherulesandregulationsofsuchNationalSecuritiesExchange.

(d)IftheprincipalNationalSecuritiesExchangeuponwhichtheCommonUnitsarethentradedhasnotapprovedthelistingoradmissionfortradingoftheCommonUnitstobeissuedpursuanttothisSection5.11onorbeforethe30thcalendardayfollowingthePartnership’sreceiptoftheResetNoticeandsuchapprovalisrequiredbytherulesandregulationsofsuchNationalSecuritiesExchange,thentheholderoftheIncentiveDistributionRights(or,ifthereismorethanoneholderoftheIncentiveDistributionRights,theholdersofamajorityininterestoftheIncentiveDistributionRights)shallhavetherighttoeitherrescindtheIDRResetElectionorelecttoreceiveotherPartnershipInterestshavingsuchtermsastheGeneralPartnermayapprove,withtheapprovalofaConflictsCommittee,thatwillprovide(i)

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thesameeconomicvalue,intheaggregate,astheAggregateQuantityofIDRResetCommonUnitswouldhavehadatthetimeofthePartnership’sreceiptoftheResetNotice,asdeterminedbytheGeneralPartner,and(ii)forthesubsequentconversion(ontermsacceptabletotheNationalSecuritiesExchangeuponwhichtheCommonUnitsarethentraded)ofsuchPartnershipInterestsintoCommonUnitswithinnotmorethan12monthsfollowingthePartnership’sreceiptoftheResetNoticeuponthesatisfactionofoneormoreconditionsthatarereasonablyacceptabletotheholderoftheIncentiveDistributionRights(or,ifthereismorethanoneholderoftheIncentiveDistributionRights,theholdersofamajorityininterestoftheIncentiveDistributionRights).

(e)TheMinimumQuarterlyDistributionshallbeincreasedatthetimeoftheissuanceofCommonUnitsorotherPartnershipInterestspursuanttothisSection5.11suchthattheMinimumQuarterlyDistributionshallberesettoequaltheaveragecashdistributionamountperCommonUnitforthetwoQuartersimmediatelypriortothePartnership’sreceiptoftheResetNotice.

Section5.12EstablishmentofSeriesAPreferredUnits.

(a)General .ThePartnershipherebydesignatesandcreatesaseriesofUnitstobedesignatedas“Series A-1 Convertible Preferred Units ”andconsistingofatotalof5,142,857SeriesA-1PreferredUnits,andaseriesofUnitstobedesignatedas“Series A-2 Convertible Preferred Units ”andconsistingofatotalof2,571,429SeriesA-2PreferredUnits,plusanyadditionalSeriesA-1PreferredUnitsandSeriesA-2PreferredUnitsissuedinkindasadistributionpursuanttoSection5.12(b)(ii)(“Series A PIK Preferred Units ”),havingthesamerights,preferencesandprivileges,andsubjecttothesamedutiesandobligations,astheCommonUnits,exceptassetforthinthisSection5.12andinSection5.5(d)(i),Section6.10,andSection12.9.SeriesA-1ConvertiblePreferredUnitsshallbeissuedasSeriesAPIKPreferredUnitswithrespecttoSeriesA-1ConvertiblePreferredUnits.SeriesA-2ConvertiblePreferredUnitsshallbeissuedasSeriesAPIKPreferredUnitswithrespecttoSeriesA-2ConvertiblePreferredUnits.AsofMarch30,2015,allunitspreviouslyissuedas“Series AConvertible Preferred Units ”shallbe“Series A-1 Convertible Preferred Units. ”TheSeriesA-1ConvertiblePreferredUnitsandSeriesA-2ConvertiblePreferredUnits,whetherissuedonaSeriesAIssuanceDateorasSeriesAPIKPreferredUnits,arereferredtohereinas“Series A Preferred Units ”andassuchtheSeriesA-1ConvertiblePreferredUnitsandtheSeriesA-2ConvertiblePreferredUnitsshallbeconsideredparipassuastoallocationsanddistributionswitheachotherandwiththeSeriesCConvertiblePreferredUnits,SeriesDPreferredUnitsandtheSeriesEPreferredUnits.AsofApril21,2016,9,499,370SeriesAPreferredUnitshadbeenissued.OtherthanwithrespecttoSeriesAPIKPreferredUnits,immediatelyfollowingtheSeriesAIssuanceDateandthereafter,noadditionalSeriesAPreferredUnitsshallbedesignated,createdorissuedwithoutthepriorwrittenapprovaloftheGeneralPartnerandtheholdersofamajorityoftheOutstandingSeriesAPreferredUnits.

(b)Rights of Series A Preferred Units .TheSeriesAPreferredUnitsshallhavethefollowingrights,preferencesandprivilegesandshallbesubjecttothefollowingdutiesandobligations:

(i)Allocations.

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(A)NotwithstandinganythingtothecontraryinSection6.1(a),(x)followinganyallocationmadepursuanttoSection6.1(a)(i)andpriortoanyallocationmadepursuanttoSection6.1(a)(ii),anyNetIncomeshallbeallocatedtoallUnitholdersholdingSeriesAPreferredUnits,ProRata,untiltheaggregateoftheNetIncomeallocatedtosuchUnitholderspursuanttothisSection5.12(b)(i)(A)forthecurrentandallprevioustaxableperiodssinceissuanceoftheSeriesAPreferredUnitsisequaltotheaggregateamountofcashdistributedwithrespecttosuchSeriesAPreferredUnitsforthecurrentandprevioustaxableperiodsand(y)innoeventshallanyNetIncomebeallocatedpursuanttoSection6.1(a)(ii)inrespectofSeriesAPreferredUnits.AllocationstoSeriesAPreferredUnitspursuanttothisSection5.12(b)(i)(A),toSeriesCPreferredUnitspursuanttoSection5.14(b)(i)(A),toSeriesDPreferredUnitspursuanttoSection5.15(b)(i)(A)andtoSeriesEPreferredUnitspursuanttoSection5.16(b)(i)(A)shallbemadeProRata.

(B)NotwithstandinganythingtothecontraryinSection6.1(b),(x)UnitholdersholdingSeriesAPreferredUnitsshallnotreceiveanyallocationpursuanttoSection6.1(b)(i)withrespecttotheirSeriesAPreferredUnits,and(y)followinganyallocationmadepursuanttoSection6.1(b)(i)andpriortoanyallocationmadepursuanttoSection6.1(b)(ii),NetLossesshallbeallocatedtoallUnitholdersholdingSeriesAPreferredUnits,ProRata,untiltheAdjustedCapitalAccountofeachsuchUnitholderinrespectofeachOutstandingSeriesAPreferredUnithasbeenreducedtozero.AllocationstoSeriesAPreferredUnitspursuanttothisSection5.12(b)(i)(B),toSeriesCPreferredUnitspursuanttoSection5.14(b)(i)(B),toSeriesDPreferredUnitspursuanttoSection5.15(b)(i)(B)andtoSeriesEPreferredUnitspursuanttoSection5.16(b)(i)(B)shallbemadeProRata.

(C)NotwithstandinganythingtothecontraryinSection6.1(c)(i),(x)UnitholdersholdingSeriesAPreferredUnitsshallnotreceiveanyallocationpursuanttoSection6.1(c)(i)withrespecttotheirSeriesAPreferredUnits,but(y)followinganyallocationmadepursuanttoSection6.1(c)(i)(A)andpriortoanyallocationmadepursuanttoSection6.1(c)(i)(B),anyremainingNetTerminationGainshallbeallocatedtoallUnitholdersholdingSeriesAPreferredUnits,ProRata,untiltheCapitalAccountinrespectofeachOutstandingSeriesAPreferredUnitisequaltotheSeriesALiquidationValue.AllocationstoSeriesAPreferredUnitspursuanttothisSection5.12(b)(i)(C),toSeriesCPreferredUnitspursuanttoSection5.14(b)(i)(C),toSeriesDPreferredUnitspursuanttoSection5.15(b)(i)(C)andtoSeriesEPreferredUnitspursuanttoSection5.16(b)(i)(C)shallbemadeProRata.

(D)NotwithstandinganythingtothecontraryinSection6.1(c)(ii),(x)UnitholdersholdingSeriesAPreferredUnitsshallnotreceiveanyallocationpursuanttoSection6.1(c)(ii)withrespecttotheirSeriesAPreferredUnits,and(y)followingtheallocationsmadepursuanttoSection6.1(c)(ii)(C),andpriortoanyallocationmadepursuanttoSection6.1(c)(ii)(D),anyremainingNetTerminationLossshallbeallocatedtoallUnitholdersholdingSeriesA

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PreferredUnits,ProRata,untiltheAdjustedCapitalAccountinrespectofeachOutstandingSeriesAPreferredUnithasbeenreducedtozero.AllocationstoSeriesAPreferredUnitspursuanttothisSection5.12(b)(i)(D),toSeriesCPreferredUnitspursuanttoSection5.14(b)(i)(D),toSeriesDPreferredUnitspursuanttoSection5.15(b)(i)(D)andtoSeriesEPreferredUnitspursuanttoSection5.16(b)(i)(D)shallbemadeProRata.

(ii)Distributions .

(A)CommencingwiththeQuarterendingonJune30,2013,theholdersoftheSeriesAPreferredUnitsOutstandingasofanapplicableRecordDateshallbeentitledtoreceivecumulativedistributions(each,a“Series A Quarterly Distribution ”),priortoanyotherdistributionsmadeinrespectofanyJuniorInterestspursuanttoSection6.4orSection6.5,intheamountsetforthinthisSection5.12(b)(ii)(A)inrespectofeachOutstandingSeriesAPreferredUnit.AllsuchdistributionsshallbepaidQuarterlywithinforty-five(45)daysaftertheendofeachQuarter(eachsuchpaymentdate,a“Series A Distribution Payment Date ”).FortheQuarterendingJune30,2013,andforeachQuarterthereafterthroughandincludingtheQuarterendingMarch31,2014,theSeriesAQuarterlyDistributiononeachOutstandingSeriesAPreferredUnitshallbepaidasfollows:(i)anumberofSeriesAPIKPreferredUnitsequaltotheSeriesAPIKPaymentAmountand(ii)$0.25incash(providedthatfortheQuarterinwhichtheSeriesAIssuanceDateoccurs,theamountpayablepursuanttothisclause(ii)shallbeanamountincashequaltotheproductof(I)$0.25times(II)afraction,ofwhichthenumeratoristhenumberofdaysfromandincludingtheSeriesAIssuanceDatetobutexcludingthedateofsuchQuarter’send,andthedenominatoris91).FortheQuarterendingJune30,2014,andforeachQuarterthereafterthroughandincludingtheQuarterendingimmediatelypriortotheQuarterinwhichtheMergerisconsummated,theSeriesAQuarterlyDistributiononeachOutstandingSeriesAPreferredUnitshallbepaidinanumberofSeriesAPIKPreferredUnitsequaltotheSeriesASecondPIKPaymentAmount;providedthat,inthediscretionoftheGeneralPartner,whichdeterminationshallbemadepriortotheRecordDatefortherelevantquarter,theSeriesAQuarterlyDistributionmaybepaidas(x)anamountincashuptothegreaterof(a)$0.50and(b)theSeriesADistributionAmount,and(y)anumberofSeriesAPIKPreferredUnitsequalto(a)theremainderof(i)thegreaterof(I)$0.50and(II)theSeriesADistributionAmountless(ii)theamountofcashpaidpursuanttoclause(x),dividedby(b)theSeriesAAdjustedIssuePrice.FortheQuarterinwhichtheMergerisconsummatedandeachQuarterthereafter,theSeriesAQuarterlyDistributiononeachOutstandingSeriesAPreferredUnitshallbepaidinanumberofSeriesAPIKPreferredUnitsequaltotheSeriesAThirdPIKPaymentAmount;providedthat,inthediscretionoftheGeneralPartner,whichdeterminationshallbemadepriortotheRecordDatefortherelevantQuarter,theSeriesAQuarterlyDistributionmaybepaidas(x)anamountincashuptothegreaterof(a)$0.4125and(b)theSeriesADistributionAmount,and(y)anumberofSeriesAPIKPreferredUnitsequaltothequotientof(a)theremainderof(i)thegreaterof(I)$0.4125and(II)theSeriesADistributionAmountless(ii)theamountofcash

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paidpursuanttoclause(x),dividedby(b)theSeriesAAdjustedIssuePrice.IfthePartnershipestablishesaRecordDateforanydistributiontobemadebythePartnershiponotherPartnershipInterestspursuanttoSection6.4orSection6.5,thentheRecordDateestablishedpursuanttothisSection5.12(b)(ii)foraSeriesAQuarterlyDistributioninrespectofanyQuartershallbethesameRecordDateestablishedforanydistributiontobemadebythePartnershipinrespectofdistributionsonotherPartnershipInterestspursuanttoSection6.4orSection6.5forsuchQuarter.Unlessotherwiseexpresslyprovided ,referencesinthisAgreementtoSeriesAPreferredUnitsshallincludeallSeriesAPIKPreferredUnitsOutstandingasofthedateofsuchdetermination.

(B)WhenanySeriesAPIKPreferredUnitsarepayabletoaRecordHolderofSeriesAPreferredUnitspursuanttothisSection5.12,thePartnershipshallissuetheSeriesAPIKPreferredUnitstosuchRecordHoldernolaterthantheSeriesADistributionPaymentDate(thedateofissuanceofsuchSeriesAPIKPreferredUnits,the“Series A PIK Preferred Payment Date ”).OntheSeriesAPIKPreferredPaymentDate,thePartnershipshallissuetosuchSeriesAUnitholderaCertificateorCertificatesforthenumberofSeriesAPIKPreferredUnitstowhichsuchSeriesAUnitholdershallbeentitled.TheissuanceoftheSeriesAPIKPreferredUnitspursuanttothisSection5.12(b)(ii)shallbedeemedtohavebeenmadeonthefirstdayoftheQuarterfollowingtheQuarterinrespectofwhichsuchpaymentofSeriesAPIKPreferredUnitswasdue.If,inviolationofthisAgreement,thePartnershipfailstopayinfullorpartanySeriesAQuarterlyDistributioninkindwhendue,thentheholdersentitledtotheunpaidSeriesAPIKPreferredUnitsshallbeentitled(I)toreceiveSeriesAQuarterlyDistributionsinsubsequentQuartersinrespectofsuchunpaidSeriesAPIKPreferredUnits,(II)toreceivetheSeriesALiquidationValueinaccordancewithSection5.12(b)(iv)inrespectofsuchunpaidSeriesAPIKPreferredUnits,and(III)toallotherrightsunderthisAgreementasifsuchunpaidSeriesAPIKPreferredUnitshadinfactbeendistributedonthedatedue.NothinginthisSection5.12(b)(ii)(B)shallaltertheobligationofthePartnershiptopayanyunpaidSeriesAPIKPreferredUnitsortherightoftheholdersofSeriesAPreferredUnitstoenforcethisAgreementtocompelthePartnershiptodistributeanyunpaidSeriesAPIKPreferredUnits.FractionalSeriesAPIKPreferredUnitsshallnotbeissuedtoanyperson(eachfractionalSeriesAPIKPreferredUnitshallberoundedtothenearestwholeSeriesAPIKPreferredUnit(anda0.5SeriesAPIKPreferredUnitshallberoundeduptothenexthigherSeriesAPIKPreferredUnit)).

(C)If,inviolationofthisAgreement,thePartnershipfailstopayinfullorpartanySeriesAQuarterlyDistributionincashwhendue,then,withoutlimitinganyrightsoftheholdersoftheSeriesAPreferredUnitstocompelthePartnershiptomakesuchdistribution,fromandafterthefirstdateofsuchfailureandcontinuinguntilsuchfailureiscuredbypaymentinfullincashofallarrearageswithrespecttoanySeriesAQuarterlyDistributionpayableincash,includingaccruedbutunpaidinterestthereon,(w)theamountofsuchunpaiddistributions(“Series A Unpaid CashDistributions ”)willaccrueand

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accumulatefromandincludingthefirstdayoftheQuarterimmediatelyfollowingtheQuarterinrespectofwhichsuchpaymentisdueuntilpaidinfull,(x)anySeriesAUnpaidCashDistributionshallaccrueinterestfromtheapplicableSeriesADistributionPaymentDateatrateequalto6.0%perannum,and(y)thePartnershipshallnotbepermittedto,andshallnot,declareormake(i)anydistributionsinrespectofanyJuniorInterestsand(ii)anydistributionsinrespectofanySeriesAParitySecurities.

(D)IfalloranyportionofaSeriesAQuarterlyDistributionistobepaidincash,thentheaggregateamountofsuchcashtobesodistributedinrespectoftheSeriesAPreferredUnitsOutstandingasoftheRecordDateforsuchSeriesAQuarterlyDistributionshallbepaidoutofAvailableCashpriortomakinganydistributionpursuanttoSection6.4orSection6.5.TotheextentthatanyportionofaSeriesAQuarterlyDistributiontobepaidincashwithrespecttoanyQuarter,togetherwithanyportionofaSeriesCQuarterlyDistribution,SeriesDQuarterlyDistributionandSeriesEQuarterlyDistributiontobepaidincashwithrespecttosuchQuarter,exceedstheamountofAvailableCashforsuchQuarter,anamountofcashequaltotheAvailableCashforsuchQuarterwillbepaidtotheSeriesAUnitholders,theSeriesCUnitholders,theSeriesDUnitholdersandtheSeriesEUnitholdersProRataandthebalanceofsuchSeriesAQuarterlyDistribution(andSeriesCQuarterlyDistribution,SeriesDQuarterlyDistributionandSeriesEQuarterlyDistribution)shallbeunpaidandshallconstituteanarrearageandaccrueinterestassetforthinSection5.12(b)(ii)(C).ThePartnershipshallprovidewrittennoticetotheSeriesAUnitholders,notlaterthanthelastBusinessDayofthemonthimmediatelyfollowingtheendofsuchQuarter,describinginreasonabledetailthePartnership’scalculationofAvailableCashforsuchQuarterandtheportion,ifany,oftheSeriesAQuarterlyDistributionthePartnershipwillbeunabletopayontheapplicableSeriesADistributionPaymentDate.

(E)NotwithstandinganythinginthisSection5.12(b)(ii)tothecontrary,withrespecttoSeriesAPreferredUnitsthatareconvertedintoCommonUnits,theholderthereofshallnotbeentitledtoaSeriesAPreferredUnitdistributionandaCommonUnitdistributionwithrespecttothesameperiod,butshallbeentitledonlytothedistributiontobepaidbasedupontheclassofUnitsheldasofthecloseofbusinessontheapplicableRecordDate.Fortheavoidanceofdoubt,ifaSeriesAConversionNoticeDateoccurspriortothecloseofbusinessonaRecordDateforpaymentofadistributionontheCommonUnits,theapplicableholderofSeriesAPreferredUnitsshallreceiveonlytheCommonUnitdistributionwithrespecttosuchperiod.

(F)NotwithstandinganythinginArticleVItothecontrary,neithertheGeneralPartnernortheholdersofIncentiveDistributionRightsshallbeentitledtoreceivedistributionsorallocationsofincomeorgainthatcorrespondorrelatetoamountsdistributedorallocatedtoUnitholdersinrespectofSeriesAPreferredUnits,regardlessofwhethertheamountssodistributedorallocatedinrespectoftheSeriesAPreferredUnitsweredeterminedunderclause(ii)ofthedefinitionof“SeriesADistributionRate”orwereotherwisedeterminedonan“asconverted”basis.

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(iii)Issuance of Series A Preferred Units .TheSeriesA-1ConvertiblePreferredUnits(excludingSeriesA-1ConvertiblePreferredUnitsissuedasSeriesAPIKPreferredUnits)shallbeissuedbythePartnershippursuanttothetermsandconditionsoftheContributionAgreement.TheSeriesA-2ConvertiblePreferredUnits(excludingSeriesA-2ConvertiblePreferredUnitsissuedasSeriesAPIKPreferredUnits)shallbeissuedbythePartnershippursuanttothetermsandconditionsoftheSeriesA-2ConvertiblePreferredUnitPurchaseAgreementbetweenthePartnershipandMagnoliaInfrastructurePartners,LLC,datedasofMarch30,2015.

(iv)Liquidation Value .Intheeventofanyliquidation,dissolutionandwindingupofthePartnershipunderSection12.4orasale,exchangeorotherdispositionofallorsubstantiallyalloftheassetsofthePartnership,eithervoluntaryorinvoluntary,theRecordHoldersoftheSeriesAPreferredUnitsshallbeentitledtoreceive,outoftheassetsofthePartnershipavailablefordistributiontothePartnersoranyassignees,priorandinpreferencetoanydistributionofanyassetsofthePartnershiptotheRecordHoldersofanyotherclassorseriesofPartnershipInterests(otherthanSeriesCPreferredUnits,SeriesDPreferredUnitsandSeriesEPreferredUnitsastowhichtheSeriesAPreferredUnitsareparipassu),thepositivevalueineachsuchholder’sCapitalAccountinrespectofsuchSeriesAPreferredUnits.Ifintheyearofsuchliquidationandwindingup,orsale,exchangeorotherdispositionofallorsubstantiallyalloftheassetsofthePartnership,anysuchRecordHolder’sCapitalAccountinrespectofsuchSeriesAPreferredUnitsislessthantheaggregateSeriesALiquidationValueofsuchSeriesAPreferredUnits,thennotwithstandinganythingtothecontrarycontainedinthisAgreement,andpriortoanyotherallocationpursuanttothisAgreementforsuchyearandpriortoanydistributionpursuanttotheprecedingsentence,itemsofgrossincomeandgainshallbeallocatedtoallUnitholdersthenholdingSeriesAPreferredUnits,ProRata,untiltheCapitalAccountinrespectofeachOutstandingSeriesAPreferredUnitisequaltotheSeriesALiquidationValue(andnootherallocationpursuanttothisAgreementshallreversetheeffectofsuchallocation),withsuchallocationbeingmadeProRatawithanyallocationmadepursuanttothesecondsentencesofSection5.14(b)(iv),Section5.15(b)(iv)andSection5.16(b)(iv).Ifintheyearofsuchliquidation,dissolutionorwindingupanysuchRecordHolder’sCapitalAccountinrespectofsuchSeriesAPreferredUnitsislessthantheaggregateSeriesALiquidationValueofsuchSeriesAPreferredUnitsaftertheapplicationoftheprecedingsentence,thentotheextentpermittedbyapplicablelawandnotwithstandinganythingtothecontrarycontainedinthisAgreement,itemsofgrossincomeandgainforanyprecedingtaxableperiod(s)withrespecttowhichIRSForm1065SchedulesK-1havenotbeenfiledbythePartnershipshallbereallocatedtoallUnitholdersthenholdingSeriesAPreferredUnits,ProRata,untiltheCapitalAccountinrespectofeachsuchOutstandingSeriesAPreferredUnitaftermakingallocationspursuanttothisandtheimmediatelyprecedingsentenceisequaltotheSeriesALiquidationValue(andnootherallocationpursuanttothisAgreementshallreversetheeffectofsuchallocation),withsuchallocationbeingmadeProRatawithanyallocationmadepursuanttothethirdsentencesofSection5.14(b)(iv),Section5.15(b)(iv)andSection5.16(b)(iv).Atsuchtimeassuchallocationshavebeenmadeto

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theOutstandingSeriesAPreferredUnits,anyremainingNetTerminationGainorNetTerminationLossshallbeallocatedtothePartnerspursuanttoSection6.1(c)orSection6.1(d),asthecasemaybe.AtthetimeofthedissolutionofthePartnership,subjecttoSection17-804oftheDelawareAct,theRecordHoldersoftheSeriesAPreferredUnitsshallbecomeentitledtoreceiveanydistributionsinrespectoftheSeriesAPreferredUnitsthatareaccruedandunpaidasofthedateofsuchdistributioninpriorityoveranyentitlementofanyotherPartnersorAssigneeswithrespecttoanydistributionsbythePartnershiptosuchotherPartnersorAssignees(otherthanSeriesCPreferredUnits,SeriesDPreferredUnitsandSeriesEPreferredUnitsastowhichtheSeriesAPreferredUnitsareparipassu);provided ,however ,thattheGeneralPartner,assuch,willhavenoliabilityforanyobligationswithrespecttosuchdistributionstoanyRecordHolder(s)ofSeriesAPreferredUnits.

(v)VotingRights.

(A)ExceptasprovidedinSection5.12(b)(v)(B)below,theOutstandingSeriesAPreferredUnitsshallhavevotingrightsthatareidenticaltothevotingrightsoftheCommonUnitsandshallvotewiththeCommonUnitsasasingleclass,sothateachOutstandingSeriesAPreferredUnitwillbeentitledtoonevoteforeachCommonUnitintowhichsuchSeriesAPreferredUnitisthenconvertibleoneachmatterwithrespecttowhicheachCommonUnitisentitledtovote.EachreferenceinthisAgreementtoavoteofRecordHoldersofCommonUnitsshallbedeemedtobeareferencetotheholdersofCommonUnits,SeriesAPreferredUnits,SeriesBUnits,SeriesCPreferredUnits,SeriesDPreferredUnitsandSeriesEPreferredUnitsonan“asif”convertedbasis,andthedefinitionof“UnitMajority”shallcorrespondinglybeconstruedtomeanatleastamajorityoftheCommonUnits,theSeriesAPreferredUnits,theSeriesBUnits,theSeriesCPreferredUnits,theSeriesDPreferredUnitsandtheSeriesEPreferredUnits,onan“asif”convertedbasis,votingtogetherasasingleclassduringanyperiodinwhichanySeriesAPreferredUnitsareOutstanding.

(B)NotwithstandinganyotherprovisionofthisAgreement,inadditiontoallotherrequirementsimposedbyDelawarelaw,andallothervotingrightsgrantedunderthisAgreement,theaffirmativevoteoftheRecordHoldersofamajorityoftheOutstandingSeriesAPreferredUnits,votingseparatelyasaclassbasedupononevoteperSeriesAPreferredUnit,shallbenecessaryonanymatter(includingamerger,consolidationorbusinesscombination)thatadverselyaffectsanyoftherights,preferencesandprivilegesoftheSeriesAPreferredUnitsoramendsormodifiesanyofthetermsoftheSeriesAPreferredUnits;providedthatthePartnershipshallbeabletoamendthisSection5.12withouttheapprovalbytheRecordHoldersofOutstandingSeriesAPreferredUnitssolongastheamendmentdoesnotadverselyaffecttheholdersoftheSeriesAPreferredUnitsinanymaterialrespectanddoesnotaffecttheholdersoftheSeriesAPreferredUnitsdisproportionatelyinrelationtotheholdersofCommonUnits;provided ,however ,thatthePartnershipmay,withouttheconsentorapprovaloftheRecordHoldersofOutstandingSeriesAPreferredUnits,create(byreclassificationorotherwise)andissueJuniorInterests(includingbyamending

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theprovisionsofanyexistingclassofPartnershipIntereststomakesuchclassofPartnershipInterestsaclassofJuniorInterests)inanunlimitedamount.Withoutlimitingthegeneralityoftheprecedingsentence,anyactionshallbedeemedtoadverselyaffecttheholdersoftheSeriesAPreferredUnitsinamaterialrespectifsuchactionwould:

(1)reducetheSeriesADistributionRate,changetheformofpaymentofdistributionsontheSeriesAPreferredUnits,deferthedatefromwhichdistributionsontheSeriesAPreferredUnitswillaccrue,cancelaccruedandunpaiddistributionsontheSeriesAPreferredUnitsoranyinterestaccruedthereon,orchangetheseniorityrightsoftheSeriesAUnitholdersastothepaymentofdistributionsinrelationtotheUnitholdersofanyotherclassorseriesofUnitsor,exceptasdeterminedtobeappropriateinconnectionwiththeissuanceofJuniorInterests,amendthisSection5.12;

(2)reducetheamountpayableorchangetheformofpaymenttotheholdersoftheSeriesAPreferredUnitsuponthevoluntaryorinvoluntaryliquidation,dissolutionorwindingup,orsaleofallorsubstantiallyalloftheassets,ofthePartnership,orchangetheseniorityoftheliquidationpreferencesoftheholdersoftheSeriesAPreferredUnitsinrelationtotherightsuponliquidationoftheholdersofanyotherclassorseriesofUnits;

(3)maketheSeriesAPreferredUnitsredeemableorconvertibleattheoptionofthePartnership;or

(4)resultinaPreferredUnitChangeofControl.

(vi)No Series A Parity Securities or Series A Senior Securities .OtherthanSeriesAPIKPreferredUnitsissuedinconnectionwiththeSeriesAQuarterlyDistribution,thePartnershipshallnot,withouttheaffirmativevoteoftheholdersofamajorityoftheOutstandingSeriesAPreferredUnits,issueanySeriesAParitySecuritiesorSeriesASeniorSecurities.

(vii)Certificates.

(A)TheSeriesAPreferredUnitsshallbeevidencedbyCertificatesinsuchformastheGeneralPartnermayapproveand,subjecttothesatisfactionofanyapplicablelegal,regulatoryandcontractualrequirements,maybeassignedortransferredinamanneridenticaltotheassignmentandtransferofotherUnits;unlessanduntiltheGeneralPartnerdeterminestoassigntheresponsibilitytoanotherPerson,thePartnershipwillactastheregistrarandtransferagentfortheSeriesAPreferredUnits.TheCertificatesevidencingSeriesAPreferredUnitsshallbeseparatelyidentifiedandshallnotbearthesameCUSIPnumberastheCertificatesevidencingCommonUnits.

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(B)Thecertificate(s)representingtheSeriesAPreferredUnitsmaybeimprintedwithalegendinsubstantiallythefollowingform(but,ifoutstandingasofthedateofthisAgreement,mayrefertotheFourthA/RPartnershipAgreementorFifthA/RPartnershipAgreement):

“NEITHERTHEOFFERNORSALEOFTHESESECURITIESHASBEENREGISTEREDUNDERTHESECURITIESACTOF1933,ASAMENDED.THESESECURITIESMAYNOTBESOLD,OFFEREDFORSALE,PLEDGEDORHYPOTHECATEDINTHEABSENCEOFAREGISTRATIONSTATEMENTINEFFECTWITHRESPECTTOTHESECURITIESUNDERSUCHACTORPURSUANTTOANEXEMPTIONFROMREGISTRATIONTHEREUNDERAND,INTHECASEOFATRANSACTIONEXEMPTFROMREGISTRATION,UNLESSSOLDPURSUANTTORULE144UNDERSUCHACTORTHEPARTNERSHIPHASRECEIVEDDOCUMENTATIONREASONABLYSATISFACTORYTOITTHATSUCHTRANSACTIONDOESNOTREQUIREREGISTRATIONUNDERSUCHACT.THISSECURITYISSUBJECTTOCERTAINRESTRICTIONSONTRANSFERSETFORTHINTHESIXTHAMENDEDANDRESTATEDLIMITEDPARTNERSHIPAGREEMENTOFTHEPARTNERSHIP,DATEDASOF[•],2017,ACOPYOFWHICHMAYBEOBTAINEDFROMTHEPARTNERSHIPATITSPRINCIPALEXECUTIVEOFFICES.”

(viii)Conversion .

(A)At the Option of the Series A Unitholder .AtanytimeandfromtimetotimeafterJanuary1,2014,subjecttoanyapplicablelimitationsintheNewCreditAgreement,theSeriesAPreferredUnitsownedbyanySeriesAUnitholdershallbeconvertible,inwholeorinpart,upontherequestoftheSeriesAUnitholderintoanumberofCommonUnitsdeterminedbymultiplyingthenumberofSeriesAPreferredUnitstobeconvertedbytheSeriesAConversionRate.ImmediatelyuponanyconversionofSeriesAPreferredUnits,allrightsoftheSeriesAConvertingUnitholderinrespectthereofshallcease,including,withoutlimitation,anyaccrualofdistributions,andsuchSeriesAConvertingUnitholdershallbetreatedforallpurposesastheownerofCommonUnits.FractionalCommonUnitsshallnotbeissuedtoanypersonpursuanttothisSection5.12(b)(viii)(A)(eachfractionalCommonUnitshallberoundedtothenearestwholeCommonUnit(anda0.5CommonUnitshallberoundeduptothenexthigherCommonUnit)).

(B)Conversion Notice .ToconvertSeriesAPreferredUnitsintoCommonUnitspursuanttoSection5.12(b)(viii)(A),theSeriesAConvertingUnitholdershallgivewrittennotice(a“Series A Conversion Notice ”)tothePartnershipintheformofExhibitCattachedheretostatingthatsuchSeriesAUnitholderelectstosoconvertSeriesAPreferredUnitsandshallstatethereinwithrespecttoSeriesAPreferredUnitstobeconvertedpursuanttoSection5.12(b)(viii)(A)thefollowing:(a)thenumberofSeriesA-1ConvertiblePreferredUnitsandthenumberofSeriesA-2ConvertiblePreferredUnitstobe

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converted,(b)theCertificate(s)evidencingtheSeriesAPreferredUnitstobeconvertedanddulyendorsed,(c)thenameornamesinwhichsuchSeriesAUnitholderwishestheCertificateorCertificatesforSeriesAConversionUnitstobeissued,and(d)suchSeriesAUnitholder’scomputationofthenumberofSeriesAConversionUnitstobereceivedbysuchSeriesAUnitholder(ordesignatedrecipient(s))upontheSeriesAConversionDate.ThedateanySeriesAConversionNoticeisreceivedbythePartnershipshallbehereinafterbereferredtoasa“Series A Conversion NoticeDate. ”

(C)Timing; Certificates .IfaSeriesAConversionNoticeisdeliveredbyaSeriesAUnitholdertothePartnershipinaccordancewithSection5.12(b)(viii)(B),thePartnershipshallissuetheSeriesAConversionUnitsnolaterthanseven(7)daysafteraSeriesAConversionNoticeDate(anydateofissuanceofsuchCommonUnits,a“Series A Conversion Date ”).OntheSeriesAConversionDate,thePartnershipshallissuetosuchSeriesAUnitholder(ordesignatedrecipient(s))aCertificateorCertificatesforthenumberofSeriesAConversionUnitstowhichsuchholdershallbeentitled.InlieuofdeliveringphysicalCertificatesrepresentingtheSeriesAConversionUnitsissuableuponconversionofSeriesAPreferredUnits,providedtheTransferAgentisparticipatingintheDepository’sFastAutomatedSecuritiesTransferprogram,uponrequestoftheSeriesAUnitholder,thePartnershipshalluseitscommerciallyreasonableeffortstocauseitsTransferAgenttoelectronicallytransmittheSeriesAConversionUnitsissuableuponconversionordistributionpaymenttosuchSeriesAUnitholder(ordesignatedrecipient(s)),bycreditingtheaccountoftheSeriesAUnitholder(ordesignatedrecipient(s))primebrokerwiththeDepositorythroughitsDepositWithdrawalAgentCommissionsystem.ThepartiesagreetocoordinatewiththeDepositorytoaccomplishthisobjective.UponissuanceofSeriesAConversionUnitstotheSeriesAConvertingUnitholder,allrightsundertheconvertedSeriesAPreferredUnitsshallcease,andsuchSeriesAConvertingUnitholdershallbetreatedforallpurposesastheRecordHolderofsuchSeriesAConversionUnits.

(D)Distributions, Combinations, Subdivisions and Reclassifications by the Partnership .IfthePartnership(i)makesadistributiononitsCommonUnitsinCommonUnits,(ii)subdividesorsplitsitsoutstandingCommonUnitsintoagreaternumberofCommonUnits,(iii)combinesorreclassifiesitsCommonUnitsintoasmallernumberofCommonUnitsor(iv)issuesbyreclassificationofitsCommonUnitsanyPartnershipInterests(includinganyreclassificationinconnectionwithamerger,consolidationorbusinesscombinationinwhichthePartnershipisthesurvivingPerson),thentheSeriesAConversionRateineffectatthetimeoftheRecordDateforsuchdistributionortheeffectivedateofsuchsubdivision,split,combination,orreclassificationshallbeproportionatelyadjustedsothattheconversionoftheSeriesAPreferredUnitsaftersuchtimeshallentitleeachSeriesAUnitholdertoreceivetheaggregatenumberofCommonUnits(oranyPartnershipInterestsintowhichsuchCommonUnitswouldhavebeencombined,consolidated,mergedorreclassifiedpursuanttoclauses(iii)and(iv)above)thatsuchSeriesAUnitholder

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wouldhavebeenentitledtoreceiveiftheSeriesAPreferredUnitshadbeenconvertedintoCommonUnitsimmediatelypriortosuchRecordDateoreffectivedate,asthecasemaybe,andinthecaseofamerger,consolidationorbusinesscombinationinwhichthePartnershipisthesurvivingPerson,thePartnershipshallprovideeffectiveprovisionstoensurethattheprovisionsinthisSection5.12relatingtotheSeriesAPreferredUnitsshallnotbeabridgedoramendedandthattheSeriesAPreferredUnitsshallthereafterretainthesamepowers,preferencesandrelativeparticipating,optionalandotherspecialrights,andthequalifications,limitationsandrestrictionsthereon,thattheSeriesAPreferredUnitshadimmediatelypriortosuchtransactionorevent.AnadjustmentmadepursuanttothisSection5.12(b)(viii)(D)shallbecomeeffectiveimmediatelyaftertheRecordDateinthecaseofadistributionandshallbecomeeffectiveimmediatelyaftertheeffectivedateinthecaseofasubdivision,combination,reclassification(includinganyreclassificationinconnectionwithamerger,consolidationorbusinesscombinationinwhichthePartnershipisthesurvivingPerson)orsplit.Suchadjustmentshallbemadesuccessivelywheneveranyeventdescribedaboveshalloccur.

If,inthefuture,thePartnershipissuesanyoptions,warrants,orotherrightstopurchaseCommonUnits,orPartnershipInterestsexercisableorconvertibleintoorexchangeableforCommonUnits(oroptions,warrants,orotherrightstopurchaseanysuchPartnershipIntereststhatareexercisableorconvertibleintoorexchangeableforCommonUnits)otherthananysuchoptions,warrantsorotherrightsissuedpursuanttoanyLongTermIncentivePlan(hereincollectively,“Convertible Securities ”),theGeneralPartnershall,atthedirectionandattheoptionoftheholdersofamajorityoftheOutstandingSeriesAPreferredUnitsintheirsolediscretion,either(i)amendtheprovisionsofthisAgreementrelatingtoantidilutionprotectionto(A)reviseanysuchprovisionthatislessfavorablethanthecorrespondingprovisionofferedinthetermsofsuchConvertibleSecurities(oranyrelatedpurchaseagreement)sothatsuchprovisionisthesameassuchprovisionofferedinthetermsofsuchConvertibleSecurities(oranyrelatedpurchaseagreement)and(B)incorporateanyprovision(s)offeredinthetermsofsuchConvertibleSecurities(oranyrelatedpurchaseagreement)thatisnotcurrentlyprovidedforinthisAgreementandwhichwouldmaketheantidilutionprotectionprovisionsofthisAgreementmorefavorabletotheholdersofSeriesAPreferredUnits,whichamendmentshallbeeffectiveconcurrentlywiththeissuanceand/orexecutionofdocumentationrelatingtosuchConvertibleSecurities,or(ii)retaintheantidilutionlanguageapplicabletotheSeriesAPreferredUnitsatsuchtime.ThePartnershipagreestoprovideasmuchpriornoticeoftheproposedissuanceofanysuchConvertibleSecuritiesand/orexecutionofdocumentationrelatingtosuchissuanceofConvertibleSecuritiesasisreasonablypracticable(andinanyevent,suchnoticeshallbeprovidedatleastten(10)BusinessDayspriortosuchissuanceand/orexecution).

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(E)Follow-OnAdjustments.ExceptinconnectionwiththeissuanceoftheSeriesCWarrantortheSeriesDWarrantortheexerciseofanyWarrant,ifthePartnershipshallissueorsell,orgrantanyCommonUnitsorConvertibleSecuritiesatanindicativeperCommonUnitprice(the“Follow-On Price, ”andsuchCommonUnitsorConvertibleSecuritiessoissued,soldorgranted,onanas-convertedbasis,the“Follow-On Units ”)thatislessthanonehundredpercent(100%)oftheSeriesAAdjustedIssuePrice,thentheSeriesAConversionRatewillberesetsothatitwillequalthenumberdeterminedbydividingtheSeriesAAdjustedIssuePriceimmediatelybeforetheissuanceoftheFollow-OnUnitsbytheresultachievedthroughapplicationofthefollowingformula:

((CPxOB)+(FPxQ))/OA

Where:

CP=theSeriesAAdjustedIssuePriceineffectimmediatelybeforetheissuanceoftheFollow-OnUnits

FP=theFollow-OnPrice

OB=thetotalnumberoffullydilutedCommonUnitsoutstandingbeforetheissuanceoftheFollow-OnUnits

Q=thetotalnumberoffullydilutedFollow-OnUnitsissued

OA=thetotalnumberoffullydilutedCommonUnitsoutstandingaftergivingeffecttotheissuanceoftheFollow-OnUnits.

ForpurposesofthisSection5.12(b)(viii)(E),theindicativepriceperCommonUnitresultingfromtheissuanceofConvertibleSecuritieswillbedeterminedusingtheprinciplessetforthinSection5.12(b)(viii)(H)(3).

(F)OtherExtraordinaryTransactionsAffectingthePartnership.

(1)Priortotheconsummationofanyrecapitalization,reorganization,consolidation,merger,spin-offorotherbusinesscombination(nototherwiseaddressedinSection5.12(b)(viii)(D)above)inwhichtheholdersofCommonUnitsaretoreceivesecurities,cashorotherassets(a“Partnership Event ”),thePartnershipshall,aspromptlyaspracticable,butinanyeventnolaterthantwelve(12)BusinessDayspriortotheconsummationofthePartnershipEvent,makeanirrevocablewrittenoffer(a“Series A Partnership Event Change ofControl Offer ”),subjecttoconsummationofthePartnershipEvent,toeachholderofSeriesAPreferredUnitstoredeemall(butnotlessthanall)ofsuchholder’sSeriesAPreferredUnitsforapriceperSeriesAPreferredUnitpayableincashequaltothegreaterof(x)theSeriesALiquidationValueforeachSeriesAPreferredUnitand(y)anamountequaltotheproductof(1)thenumberofCommonUnitsintowhicheachSeriesAPreferredUnitisconvertiblepursuanttoSection5.12(b)(viii)onthedayimmediately

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priortothedateoftheSeriesAPartnershipEventChangeofControlOfferand(2)thesumof(A)thecashconsiderationperCommonUnittobepaidtotheholdersofCommonUnitspursuanttothePartnershipEventplus(B)thefairmarketvalueperCommonUnitofthesecuritiesorotherassetstobedistributedtotheholdersoftheCommonUnitspursuanttothePartnershipEvent(asapplicable,the“Series A PartnershipEvent Payment ”).

(2)UponreceiptbyaSeriesAUnitholderofaSeriesAPartnershipEventChangeofControlOffer,suchSeriesAUnitholdermayelect,bywrittennoticereceivedbythePartnershipnolaterthanfive(5)BusinessDaysafterthereceiptbysuchholderofaSeriesAPartnershipEventChangeofControlOffer,toreceiveSeriesASurvivorPreferredSecurities(asdefinedbelow)pursuanttothisSection5.12(b)(viii)(F)(2)inlieuofaSeriesAPartnershipEventPayment.UponreceiptofsuchSeriesAUnitholder’selectiontoreceiveSeriesASurvivorPreferredSecurities,thePartnershipshallaspromptlyaspracticable,butinanyeventpriortotheconsummationofanyPartnershipEvent,makeappropriateprovisiontoensurethatsuchelectingholdersofSeriesAPreferredUnitsreceiveinsuchPartnershipEventapreferredsecurity,issuedbythePersonsurvivingorresultingfromsuchPartnershipEventandcontainingprovisionssubstantiallyequivalenttotheprovisionssetforthinthisAgreementwithrespecttotheSeriesAPreferredUnits,includingSection5.12andSection7.3hereof,withoutmaterialabridgement,including,withoutlimitation,thesamepowers,preferences,rightstodistributions,rightstoaccumulationandcompoundinguponfailuretopaydistributions,andrelativeparticipating,optionalorotherspecialrightsandthequalifications,limitationsorrestrictionsthereon,thattheSeriesAPreferredUnithadimmediatelypriortosuchPartnershipEvent(the“Series A Survivor Preferred Security ”).TheSeriesAConversionRateineffectatthetimeoftheeffectivedateofsuchPartnershipEventshallbeproportionatelyadjustedsothattheconversionofaunitofSeriesASurvivorPreferredSecurityaftersuchtimeshallentitletheholdertothenumberofsecuritiesoramountofcashorotherassetswhich,ifaSeriesAPreferredUnithadbeenconvertedintoCommonUnitsimmediatelypriortosuchPartnershipEvent,suchholderwouldhavebeenentitledtoreceiveimmediatelyfollowingsuchPartnershipEvent.SubsequentadjustmentstotheConversionPriceoftheSeriesASurvivorPreferredSecurityshallbemadesuccessivelythereafterwheneveranyeventdescribedinSection5.12(b)(viii)(D),Section5.12(b)(viii)(E)orthisSection5.12(b)(viii)(F)shalloccur.Notwithstandingtheforegoing,thePartnershipmayconsummateaPartnershipEventwithoutmakingappropriateprovisiontoensurethattheholdersofSeriesAPreferredUnitsreceiveaSeriesAPartnershipEventPaymentorSeriesASurvivorPreferredSecurity,asapplicable,withrespecttosuchPartnershipEventifpriortosuchconsummationthePartnershiphasreceivedthepriorwrittenapprovaloftheholdersofamajorityoftheOutstandingSeriesAPreferredUnits.

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(3)ASeriesAPartnershipEventChangeofControlOffershallbemailedtoeachSeriesAUnitholderandshalldescribethetransactionortransactionsthatconstitutethePartnershipEventandstate:

i)thattheSeriesAPartnershipEventChangeofControlOfferisbeingmadepursuanttothisSection5.12(b)(viii)(F)andthatthePartnershipismakinganoffertoredeemallSeriesAPreferredUnitsofsuchUnitholder(subjecttotheconsummationofthePartnershipEvent);

ii)theamountoftheSeriesAPartnershipEventPaymentandtheredemptiondate,whichshallbethedateonwhichthePartnershipEventisconsummatedorassoonthereafteraspracticable(the“Series A Partnership Event Payment Date ”);and

iii)theamountperCommonUnitthateachCommonUnitholderisreceivinginconnectionwiththePartnershipEvent.

OntheSeriesAPartnershipEventPaymentDate,thePartnership(oritssuccessor)shallpaytoeachUnitholderofSeriesAPreferredUnitsthatacceptstheSeriesAPartnershipEventChangeofControlOfferanamountincashequaltosuchholder’sapplicableSeriesAPartnershipEventPayment,andallofsuchholder’srightsandprivilegesundertheSeriesAPreferredUnitsorasaSeriesAUnitholdershallbeextinguished.

(G)NotwithstandinganyoftheotherprovisionsofthisSection5.12(b)(viii),noadjustmentshallbemadetotheSeriesAConversionRatepursuanttoSection5.12(b)(viii)(D)-(F)asaresultofanyofthefollowing:

(1)thegrantofCommonUnitsoroptions,warrantsorrightstopurchaseCommonUnitsortheissuanceofCommonUnitsupontheexerciseofanysuchoptions,warrantsorrightstoemployees,officersordirectorsoftheGeneralPartnerorthePartnershipanditsSubsidiariesinrespectofservicesprovidedtoorforthebenefitofthePartnershiporitsSubsidiaries,undercompensationplansandagreementsapprovedingoodfaithbytheGeneralPartner(includinganyLongTermIncentivePlan);providedthat,inthecaseofoptions,warrantsorrightstopurchaseCommonUnits,theexercisepriceperCommonUnitshallnotbelessthantheClosingPriceonthedatesuchoption,warrantorotherrightisissued;

(2)theissuanceofanyCommonUnitsasallorpartoftheconsiderationtoeffect(i)theclosingofanyacquisitionbythePartnershipofassetsofanunrelatedthirdpartyinanarm’s-lengthtransactionor(ii)theconsummationofamerger,consolidationorotherbusinesscombinationofthePartnershipwithorintoanotherentitytotheextentsuchtransaction(s)isorarevalidlyapprovedbythevoteorconsentoftheGeneralPartner;and

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(3)theissuanceofPartnershipInterestsforwhichanadjustmentismadeunderanotherprovisionofthisSection5.12(b)(viii).

(H)ThefollowingrulesshallapplyforpurposesofthisSection5.12(b)(viii):

(1)Inthecaseoftheissuanceorsale(ordeemedissuanceorsale)ofCommonUnitsforcash,theconsiderationshallbedeemedtobetheamountofcashpaidthereforbeforedeductinganyreasonableunderwritingdiscountsorplacementagentfees,commissionsortheexpensesallowed,paidorincurredbythePartnershipforanyunderwritingorplacementagentorotherwiseinconnectionwiththeissuanceandsalethereof.

(2)Inthecaseoftheissuanceorsale(ordeemedissuanceorsale)ofCommonUnitsforconsiderationinwholeorinpartotherthancash,theconsiderationotherthancashshallbevaluedattheAgreedValuethereof;

(3)InthecaseoftheissuanceorsaleofConvertibleSecurities,thefollowingprovisionsshallapplyforallpurposesofthisSection5.12(b)(viii)(H):

i)TheaggregatemaximumnumberofCommonUnitsdeliverableuponexercise(assumingthesatisfactionofanyconditionstoexercisability,including,withoutlimitation,thepassageoftime,butwithouttakingintoaccountpotentialantidilutionadjustments)ofoptionsorwarrantstopurchaseorrightstosubscribeforCommonUnitsshallbedeemedtohavebeenissuedatthetimesuchoptions,warrantsorrightswereissuedandforconsiderationequaltotheconsideration(determinedinthemannerprovidedinthisSection5.12(b)(viii)(H)),ifany,receivedbythePartnershipupontheissuanceofsuchoptions,warrantsorrightsplustheminimumexercisepriceprovidedinsuchoptions,warrantsorrights(withouttakingintoaccountpotentialantidilutionadjustments)fortheCommonUnitscoveredthereby.

ii)TheaggregatemaximumnumberofCommonUnitsdeliverableuponconversionoforinexchange(assumingthesatisfactionofanyconditionstoconvertibilityorexchangeability,including,without

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limitation,thepassageoftime,butwithouttakingintoaccountpotentialantidilutionadjustments)foranysuchconvertibleorexchangeablesecuritiesorupontheexerciseofoptionsorwarrantstopurchaseorrightstosubscribeforsuchconvertibleorexchangeablesecuritiesandsubsequentconversionorexchangethereofshallbedeemedtohavebeenissuedatthetimesuchsecuritieswereissuedorsuchoptions,warrantsorrightswereissuedandforaconsiderationequaltotheconsideration,ifany,receivedbythePartnershipforanysuchsecuritiesoroptions,warrantsorrights,plustheminimumadditionalconsideration,ifany,tobereceivedbythePartnership(withouttakingintoaccountpotentialantidilutionadjustments)upontheconversionorexchangeofsuchsecuritiesorupontheexerciseofsuchoptions,warrantsorrightsandsubsequentconversionorexchangeoftheunderlyingconvertibleorexchangeablesecurities,asappropriate(theconsiderationineachcasetobedeterminedinthemannerprovidedinthisSection5.12(b)(viii)).

iii)Intheeventofanychangein(x)thenumberofCommonUnitsdeliverableor(y)theconsiderationpayabletothePartnershipuponexerciseofsuchoptions,warrantsorrightswithrespecttoeitherCommonUnitsorsuchconvertibleorexchangeablesecuritiesoruponconversionoforinexchangeforsuchconvertibleorexchangeablesecuritiesandnototherwiseentitledtoanyappropriateantidilutionadjustmentpursuanttothisSection5.12,including,butnotlimitedto,achangeresultingfromtheantidilutionprovisionsthereof,theSeriesAConversionRate,totheextentinanywayaffectedbyorcomputedusingsuchoptions,warrants,rightsorsecurities,shallberecomputedtoreflectsuchchange,butnofurtheradjustmentshallbemadefortheactualissuanceofCommonUnitsoranypaymentofsuchconsiderationupontheexerciseofanysuchoptions,warrantsorrightsortheconversionorexchangeofsuchsecurities.

iv)Upontheexpirationofanysuchoptions,warrantsorrightswithrespecttoeitherCommonUnitsorsuchconvertibleorexchangeablesecuritiesortheterminationofanysuchrightstoconvertorexchange,theSeriesAConversionRate,totheextentinanywayaffectedbyorcomputedusingsuchoptions,warrants,rightsorsecuritiesshallberecomputedtoreflecttheissuanceofonlythenumberofCommonUnitsactuallyissuedupontheexerciseofsuchoptions,warrantsorrightswithrespectto

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CommonUnits,upontheconversionorexchangeofsuchsecurities,orthenumberofCommonUnitsissuableuponconversionorexchangeoftheconvertibleorexchangeablesecuritiesthatwereactuallyissueduponexerciseofoptions,warrantsorrightsrelatedtosuchsecurities.

v)thenumberofCommonUnitsdeemedissuedandtheconsiderationdeemedpaidthereforpursuanttoSection5.12(b)(viii)(H)(3)i)andii)shallbeappropriatelyadjustedtoreflectanychange,terminationorexpirationofthetypedescribedineitherSection5.12(b)(viii)(H)(3)iii)oriv).

(4)NotwithstandinganyoftheotherprovisionsofthisSection5.12(b)(viii)(H),noadjustmentshallbemadetothenumberofCommonUnitsissuableuponconversionoftheSeriesAPreferredUnitsortheSeriesAConversionRateasaresultofaneventforwhichanadjustmentismadeunderanotherprovisionofthisSection5.12(b)(viii)(H).

(5)ForpurposesofthisSection5.12(b)(viii),noadjustmenttotheSeriesAConversionRateshallbemadeinanamountlessthan1/100thofonecentperUnit;provided thatanyadjustmentsthatarenotrequiredtobemadebyreasonofthissentenceshallbecarriedforwardandshallbetakenintoaccountinanysubsequentadjustmentmade.

(I)IntheeventofanytakingbythePartnershipofaRecordDateoftheholdersofanyclassofPartnershipInterestsforthepurposeofdeterminingtheholdersthereofwhoareentitledtoreceiveanydistributionthereon,anysecurityorrightconvertibleintoorentitlingtheholderthereoftoreceiveadditionalCommonUnits,oranyrighttosubscribefor,purchaseorotherwiseacquireanyPartnershipInterestsoranyothersecuritiesorpropertyofthePartnership,ortoreceiveanyotherright,thePartnershipshallnotifyeachholderofSeriesAPreferredUnitsatleastfifteen(15)dayspriortotheRecordDate,ofwhichanysuchRecordDateistobetakenforthepurposeofsuchdistribution,securityorrightandtheamountandcharacterofsuchdistribution,securityorright;provided ,however ,thattheforegoingrequirementshallbedeemedsatisfiedwithrespecttoanyholderofSeriesAPreferredUnitsifatleastfifteen(15)dayspriortotheRecordDate,thePartnershipshallhaveissuedapressreleasewhichshallbepostedonthePartnership’swebsiteandcarriedbyoneormorewireservices,containingtherequiredinformation.

(J)ThePartnershipshallpayanyandallissue,documentary,stampandothertaxes,excludinganyincome,franchise,propertyorsimilartaxes,thatmaybepayableinrespectofanyissueordeliveryofSeriesAConversionUnitsonconversionof,orpaymentofdistributionson,SeriesAPreferredUnits

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pursuanthereto.However ,theholderofanySeriesAPreferredUnitsshallpayanytaxthatisduebecausetheSeriesAConversionUnitsissuableuponconversionthereofordistributionpaymentthereonareissuedinanameotherthansuchSeriesAUnitholder’sname.

(K)ThePartnershipagreesthatitwillactingoodfaithtomakeanyadjustment(s)requiredbythisSection5.12(b)(viii)equitablyandinsuchamannerastoaffordtheSeriesAUnitholdersthebenefitsoftheprovisionshereof,andwillnottakeanyactionthatcouldreasonablybeexpectedtodeprivesuchSeriesAUnitholdersofthebenefithereof.

(ix)Remarketing .IfanySeriesAUnitholderapproachesthePartnershipwithadesiretosellmorethan250,000SeriesAPreferredUnits,orSeriesAConversionUnitsunderlyingsuchSeriesAPreferredUnitshavingequivalenteconomicvalue(basedonthesumoftheSeriesAIssuePriceoftheSeriesAPreferredUnitsandallaccruedandaccumulatedbutunpaiddistributionsonsuchSeriesAPreferredUnits),thePartnershipshall,upontherequestofsuchSeriesAUnitholder,cooperatereasonablywithsuchSeriesAUnitholdertoprovideinformationrequestedbypotentialpurchaserstopotentialpurchasers,tomakethePartnership’smanagementreasonablyavailablebytelephoneandtoconfirmthatthePartnershiphasmadeallrequisitefilingsrequiredundertheExchangeAct;provided that,priortoprovidinganyinformationrequestedorconductinganytelephonicdiscussions,suchpotentialpurchasersenterintoacustomarynon-disclosureagreementinrespectofsuchinformationprovidedbythePartnershipinaformreasonablyacceptabletothePartnership.

(x)Tax Estimates .UponreceiptofawrittenrequestfromanySeriesAUnitholderstatingthenumberofSeriesAPreferredUnitsownedbysuchholder(whichrequestsshallbemadenomorethantwo(2)timespercalendaryearandthefirstsuchrequestpercalendaryearshallbeatthePartnership’sexpense,andthesecondattheexpenseofsuchrequestingholder),thePartnershipshall,withinten(10)days,providesuchSeriesAUnitholderwithagoodfaithestimate(andreasonablesupportingcalculations)ofwhetherthereissufficientUnrealizedGainattributabletothePartnershippropertysuchthat,ifsuchSeriesAUnitholderconverteditsSeriesAPreferredUnitspursuanttoSection5.12(b)(viii)(A)andsuchUnrealizedGainwasallocatedtosuchholderpursuanttoSection5.5(d)(iii),suchholder’sCapitalAccountinrespectofitsconvertedSeriesAPreferredUnitswouldbeequaltothePerUnitCapitalAmountforathenOutstandingCommonUnit(otherthanaSeriesAConversionUnitreceivedinconnectionwithsuchconversionofaSeriesAPreferredUnit).

(xi)Fully Paid and Nonassessable .AnySeriesAConversionUnit(s)deliveredpursuanttothisSection5.12shallbevalidlyissued,fullypaidandnonassessable(exceptassuchnonassessabilitymaybeaffectedbymattersdescribedinSections17-303,17-607and17-804oftheDelawareAct),freeandclearofanyliens,claims,rightsorencumbrancesotherthanthosearisingundertheDelawareActorthisAgreementorcreatedbytheholdersthereof.

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(xii)Listing of Common Units .ThePartnershipwillprocure,atitssoleexpense,thelistingoftheSeriesAConversionUnitsissuableuponconversionoftheSeriesAPreferredUnits,subjecttoissuanceornoticeofissuanceonanyNationalSecuritiesExchangeonwhichtheCommonUnitsarelistedoradmittedtotrading.

(c)Call Right on Series A-2 Convertible Preferred Units .AtanytimeafterJanuary1,2016,inconnectionwiththeconsummationofaDropDownEvent(asdefinedbelow)thePartnershipmayexercisetheright(the“Series A-2 Call Right ”),butshallhavenoobligation,torequiretheholderorholdersoftheSeriesA-2ConvertiblePreferredUnits(the“Series A-2 Holders ”)tosell,assignandtransferalloraportionofthethenoutstandingSeriesA-2ConvertiblePreferredUnitstothePartnershipinaccordancewiththisSection5.12(c).ThePartnershipmayexercisetheSeriesA-2CallRightwithrespecttoanySeriesA-2ConvertiblePreferredUnitunless:(A)theexerciseoftheSeriesA-2CallRightwouldresultinadefaultunderanyapplicablefinancingagreements,orotherfinancingobligationsofthePartnershiporanyofitsAffiliates,orwouldotherwisebeprohibitedbyanysecuritiesorotherapplicablelawor(B)aSeriesA-2Holderhasdelivered,onorpriortothedateoftheSeriesA-2CallExerciseNotice(asdefinedbelow),aSeriesAConversionNoticewithrespecttosuchSeriesAConvertiblePreferredUnit(andthennoSeriesA-2CallRightmaybemadeastosuchSeriesA-2ConvertiblePreferredUnit).

(i)A“Drop Down Event ”shallmeananacquisitionbythePartnershiporoneofitsAffiliatesfromArclightEnergyPartnersFundV,L.P.oroneofitsAffiliatesofassetsorequityinaPersonorPersonsforapurchasepriceinexcessof$100million.

(ii)ThepurchasepricetobepaidbythePartnershipinconnectionwiththeexerciseoftheSeriesA-2CallRightshallbe$17.50perSeriesA-2ConvertiblePreferredUnitacquiredpursuanttotheSeriesA-2CallRight(subjecttoappropriateadjustmentforanyequitydistribution,subdivisionorcombinationofPartnershipInterests).

(iii)IfthePartnershipelectstoexercisetheSeriesA-2CallRight,thePartnershipshalldeliverawrittennotice(the“Series A-2 Call ExerciseNotice ”)totheSeriesA-2HoldersinformingtheSeriesA-2HoldersofthePartnership’sintentiontoexerciseitsSeriesA-2CallRight.TheSeriesA-2CallExerciseNoticeshallincludeacertificateinsubstantiallytheformattachedheretoasAnnex A ,settingforth(A)thenumberofSeriesA-2ConvertiblePreferredUnitsheldbyeachSeriesA-2Holder,(B)thenumberofSeriesA-2ConvertiblePreferredUnitswithrespecttowhichtheSeriesA-2CallRightisbeingexercised,(C)thebankaccountinformationforwiretransferofthepurchasepriceoraddressfordeliveryofthepurchasepricebycheck,and(D)theclosingdateforthepurchase(the“Series A-2 Call Closing Date ”),whichshallbenoearlierthan10daysorlaterthan30daysafterthedateoftheSeriesA-2CallExerciseNotice.IfanySeriesA-2HolderdoesnotnotifythePartnershipofachangetothebankaccountinformationoraddressfordeliveryofthepurchasepricessetforthinAnnex A priortothedatethatistwodaysbeforetheSeriesA-2CallClosingDate,thePartnershipshallwireordelivertoeachSeriesA-2HolderitsportionofthepurchasepriceinimmediatelyavailablefundstosuchbankaccountoraddresssetforthonAnnex A .

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(iv)TheSeriesA-2CallRightmaybeexercisedastoanyportionoftheoutstandingSeriesA-2ConvertiblePreferredUnitsoutstandingatthetimeaSeriesA-2CallExerciseNoticeisdelivered,butmustbeexercisedpro-rataastoallSeriesA-2ConvertiblePreferredUnitssubjecttotheSeriesA-2CallRight.

(v)AttheclosingoftheSeriesA-2CallRight,(A)thePartnershipshalldelivertoeachSeriesA-2HoldersubjecttheretoacertificateexecutedonbehalfofthePartnershipintheformattachedheretoasAnnex B ,and(B)eachsuchSeriesA-2HoldershalldelivertothePartnershipacertificateexecutedbysuchSeriesA-2HolderintheformattachedheretoasAnnex C ,thecertificatesrepresentingtheSeriesA-2ConvertiblePreferredUnitswithtransferpowers,executedinblank,or,ifuncertificated,transferpowersexecutedinblank,andsuchotherdocumentationasmayreasonablyberequestedbythePartnership.

Section5.13EstablishmentofSeriesBUnits.

(a)General .ThePartnershipherebydesignatesandcreatesaseriesofUnitstobedesignatedas“Series B Units ”andconsistingofatotalof1,168,225SeriesBUnits,plusanyadditionalSeriesBUnitsissuedinkindasadistributionpursuanttoSection5.13(d),havingthesamerights,preferencesandprivileges,andsubjecttothesamedutiesandobligations,astheCommonUnits,exceptassetforthinthisSection5.13.

(b)Rights on Liquidation of the Partnership .TheholdersoftheSeriesBUnitsshallhaverightsupondissolutionandliquidationofthePartnership,includingtherighttoshareinanyliquidatingdistributionspursuanttoSection12.4,inaccordancewithArticleXIIofthisAgreement.

(c)Conversion of Series B Units .

(i)ImmediatelybeforethecloseofbusinessontheSeriesBConversionDate,theSeriesBUnitsshallautomaticallyconvertintoCommonUnitsonaone-for-onebasis.

(ii)Uponconversion,therightsofaholderofconvertedSeriesBUnitsasholderofSeriesBUnitsshallceasewithrespecttosuchconvertedSeriesBUnits,includinganyrightsunderthisAgreementwithrespecttoholdersofSeriesBUnits,andsuchPersonshallcontinuetobeaLimitedPartnerandhavetherightsofaholderofCommonUnitsunderthisAgreement.UpontheSeriesBConversionDate,allSeriesBUnitsshallbedeemedtobetransferredto,andcancelledby,thePartnershipinexchangefortheCommonUnitsintowhichtheSeriesBUnitsconverted.

(iii)ThePartnershipshallpayanydocumentary,stamporsimilarissueortransfertaxesordutiesrelatingtotheissuanceordeliveryofCommonUnitsuponconversionoftheSeriesBUnits.However ,theholdershallpayanytaxordutywhichmaybepayablerelatingtoanytransferinvolvingtheissuanceordeliveryofCommonUnitsinanameotherthantheholder’sname.TheTransferAgentmayrefusetodelivertheCertificaterepresentingCommonUnitsbeingissuedinanameotherthantheholder’snameuntiltheTransferAgentreceivesasumsufficienttopayanytaxordutieswhichwillbeduebecausethesharesaretobeissuedinanameotherthantheholder’sname.Nothinghereinshallprecludeanytaxwithholdingrequiredbylaworregulation.

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(A)ThePartnershipshallkeepfreefrompreemptiverightsasufficientnumberofCommonUnitstopermittheconversionofalloutstandingSeriesBUnitsintoCommonUnitstotheextentprovidedin,andinaccordancewith,thisSection5.13(c).

(B)AllCommonUnitsdelivereduponconversionoftheSeriesBUnitsshallbenewlyissued,shallbedulyauthorizedandvalidlyissued,andshallbefreefrompreemptiverightsandfreeofanylienoradverseclaim

(C)ThePartnershipshallcomplywithallapplicablesecuritieslawsregulatingtheofferanddeliveryofanyCommonUnitsuponconversionofSeriesBUnitsand,iftheCommonUnitsarethenlistedorquotedontheNewYorkStockExchange,oranyotherNationalSecuritiesExchangeorothermarket,shalllistorcausetohavequotedandkeeplistedandquotedtheCommonUnitsissuableuponconversionoftheSeriesBUnitstotheextentpermittedorrequiredbytherulesofsuchexchangeormarket.

(D)Notwithstandinganythinghereintothecontrary,nothinghereinshallgivetoanyholderofSeriesBUnitsanyrightsasacreditorinrespectofitsrighttoconversion.

(d)Distributions and Allocations .

(i)EachSeriesBUnitshallhavetherighttoshareindistributionsandallocationspursuanttoSection6.1,Section6.4andSection6.5onaProRatabasiswiththeotherCommonUnits.Fortheavoidanceofdoubt,eachreferenceinthisAgreementtoanallocationordistributiontoUnitholdersholdingCommonUnitsshallbedeemedtobeareferencetotheUnitholdersholdingCommonUnitsorSeriesBUnits.AlloranyportionofeachdistributionpayableinrespectoftheSeriesBUnits(the“Series B Unit Distribution ”)may,attheelectionofthePartnership,bepaidinSeriesBPIKUnits(anyamountofsuchSeriesBUnitDistributionssopaidinSeriesBPIKUnits,the“Series B PIK Distribution Amount ”).ThenumberofSeriesBPIKUnitstobeissuedinconnectionwithaSeriesBPIKDistributionAmountshallbethequotientof(A)theSeriesBPIKDistributionAmountdividedby(B)theSeriesBIssuePriceoftheSeriesBUnitsoriginallyissuedpursuanttotheSeriesBUnitPurchaseAgreement;provided thatinsteadofissuinganyfractionalSeriesBPIKUnits,thePartnershipshallroundthenumberofSeriesBPIKUnitsissueddowntothenextlowerwholeSeriesBPIKUnitandpaycashinlieuofsuchfractionalunits,oratthePartnership’soption,thePartnershipmayroundthenumberofSeriesBPIKUnitsissueduptothenexthigherwholeSeriesBPIKUnit.

(ii)NotwithstandinganythinginthisSection5.13(d)tothecontrary,withrespecttoSeriesBUnitsthatareconvertedintoCommonUnits,theholderthereofshallnotbeentitledtoaSeriesBUnitDistributionandaCommonUnitdistributionwithrespecttothesameperiod,butshallbeentitledonlytothedistributiontobepaidbasedupontheclassofUnitsheldasofthecloseofbusinessontheapplicableRecordDate.

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(iii)WhenanySeriesBPIKUnitsarepayabletoaholderofSeriesBUnitspursuanttothisSection5.13,thePartnershipshallissuetheSeriesBPIKUnitstosuchholdernolaterthanthedatethecorrespondingdistributionsaremadepursuanttoSection6.4(b)orSection6.5,asapplicable(thedateofissuanceofsuchSeriesBPIKUnits,the“Series B PIK Payment Date ”).OntheSeriesBPIKPaymentDate,thePartnershipshallissuetosuchholderofSeriesBUnitsaCertificateorCertificatesforthenumberofSeriesBPIKUnitstowhichsuchholderofSeriesBUnitsshallbeentitled.

(iv)ForpurposesofmaintainingCapitalAccounts,ifthePartnershipdistributesoneormoreSeriesBPIKUnitstoaholderofSeriesBUnits,(A)thePartnershipshallbetreatedasdistributingcashtosuchholderofSeriesBUnitsequaltotheSeriesBPIKDistributionAmount,and(B)theholderofSeriesBUnitsshallbedeemedtohaverecontributedtothePartnershipinexchangeforsuchnewlyissuedSeriesBPIKUnitsanamountofcashequaltotheSeriesBPIKDistributionAmountlesstheamountofanycashdistributedbythePartnershipinlieuoffractionalSeriesBPIKUnits,asapplicable.

(v)IfthePartnershipdistributesoneormoreSeriesBPIKUnitstoaholderofSeriesBUnitsinaccordancewiththeforegoingandSection6.4(b)(iii)(C),thedistributiontotheholdersoftheIncentiveDistributionRightspursuanttoSection6.4(b)(iii)(B)thatwouldhavebeenmadepursuanttoSection6.4(b)(iii)(B)intheabsenceofthisSection5.13(d)(v)shallbereducedbytheproductof(A)thedistributiontotheholdersoftheIncentiveDistributionRightsthatwouldhavebeenmadepursuanttoSection6.4(b)(iii)(B)intheabsenceofthisSection5.13(d)(v)multipliedby(B)thequotientof(x)thePercentageInterestsoftheSeriesBUnitsdividedby(y)thePercentageInterestsoftheCommonUnitsandSeriesBUnits.

(e)Voting .TheSeriesBUnitswillhavesuchvotingrightspursuanttotheAgreementassuchSeriesBUnitswouldhaveiftheywereCommonUnitsthatwerethenoutstandingandshallvotetogetherwiththeCommonUnitsasasingleclass,exceptthattheSeriesBUnitsshallbeentitledtovoteasaseparateclassonanymatteronwhichUnitholdersareentitledtovotethatadverselyaffectstherightsorpreferencesoftheSeriesBUnitsinrelationtootherclassesofPartnershipInterestsinanymaterialrespectorasrequiredbylaw.TheapprovalofamajorityoftheSeriesBUnitsshallberequiredtoapproveanymatterforwhichtheholdersoftheSeriesBUnitsareentitledtovoteasaseparateclass.Fortheavoidanceofdoubt,eachreferenceinthisAgreementtothevoteof,approvalby,ornoticetobegivento,UnitholdersholdingCommonUnitsshallbedeemedtobeareferencetothevoteof,approvalby,ornoticetobegivento,UnitholdersofCommonUnitsandSeriesBUnitsandeachreferencetothevoteof,approvalby,ornoticetobegivento,amajorityoftheOutstandingCommonUnitsshallbedeemedtobeareferencetothevoteof,approvalby,ornoticetobegivento,amajorityoftheCommonUnitsandSeriesBUnits,bothasOutstandingatsuchtime.

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(f)Certificates .

(i)TheSeriesBUnitsshallbeevidencedbyCertificatesinsuchformastheGeneralPartnermayapproveand,subjecttothesatisfactionofanyapplicablelegal,regulatoryandcontractualrequirements,maybeassignedortransferredinamanneridenticaltotheassignmentandtransferofotherUnits;unlessanduntiltheGeneralPartnerdeterminestoassigntheresponsibilitytoanotherPerson,thePartnershipwillactastheregistrarandtransferagentfortheSeriesBUnits.TheCertificatesevidencingSeriesBUnitsshallbeseparatelyidentifiedandshallnotbearthesameCUSIPnumberastheCertificatesevidencingCommonUnitsorSeriesAPreferredUnits.

(ii)Thecertificate(s)representingtheSeriesBUnitsshallbeimprintedwithalegendinsubstantiallythefollowingform(but,ifoutstandingasofthedateofthisAgreement,mayrefertotheFourthA/RPartnershipAgreementorFifthA/RPartnershipAgreement):

“NEITHERTHEOFFERNORSALEOFTHESESECURITIESHASBEENREGISTEREDUNDERTHESECURITIESACTOF1933,ASAMENDED.THESESECURITIESMAYNOTBESOLD,OFFEREDFORSALE,PLEDGEDORHYPOTHECATEDINTHEABSENCEOFAREGISTRATIONSTATEMENTINEFFECTWITHRESPECTTOTHESECURITIESUNDERSUCHACTORPURSUANTTOANEXEMPTIONFROMREGISTRATIONTHEREUNDERAND,INTHECASEOFATRANSACTIONEXEMPTFROMREGISTRATION,UNLESSSOLDPURSUANTTORULE144UNDERSUCHACTORTHEPARTNERSHIPHASRECEIVEDDOCUMENTATIONREASONABLYSATISFACTORYTOITTHATSUCHTRANSACTIONDOESNOTREQUIREREGISTRATIONUNDERSUCHACT.THISSECURITYISSUBJECTTOCERTAINRESTRICTIONSONTRANSFERSETFORTHINTHESIXTHAMENDEDANDRESTATEDLIMITEDPARTNERSHIPAGREEMENTOFTHEPARTNERSHIP,DATEDASOF[•],2017,ASAMENDED,ACOPYOFWHICHMAYBEOBTAINEDFROMTHEPARTNERSHIPATITSPRINCIPALEXECUTIVEOFFICES.”

Section5.14EstablishmentofSeriesCPreferredUnits.

(a)General .ThePartnershipherebydesignatesandcreatesaseriesofUnitstobedesignatedas“Series C Convertible Preferred Units ”andconsistingofatotalof8,571,429SeriesCPreferredUnits,plusanyadditionalSeriesCPreferredUnitsissuedinkindasadistributionpursuanttoSection5.14(b)(ii)(“Series CPIK Preferred Units ”),havingthesamerights,preferencesandprivileges,andsubjecttothesamedutiesandobligations,astheCommonUnits,exceptassetforthinthisSection5.14andinSection5.5(d)(i),Section6.10,andSection12.9.TheSeriesCConvertiblePreferredUnits,whetherissuedontheSeriesCIssuanceDateorasSeriesCPIKPreferredUnits,arereferredtohereinas“Series C Preferred Units. ”TheSeriesCPreferredUnitsshallbeconsideredparipassuastoallocationsanddistributionswiththeSeriesAPreferredUnits,SeriesDPreferredUnitsandSeriesEPreferredUnits.OtherthanwithrespecttoSeriesCPIKPreferredUnits,immediatelyfollowingtheSeriesCIssuanceDateandthereafter,noadditionalSeriesCPreferredUnitsshallbedesignated,createdorissuedwithoutthepriorwrittenapprovaloftheGeneralPartnerandtheholdersofamajorityoftheOutstandingSeriesCPreferredUnits.

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(b)Rights of Series C Preferred Units .TheSeriesCPreferredUnitsshallhavethefollowingrights,preferencesandprivilegesandshallbesubjecttothefollowingdutiesandobligations:

(i)Allocations .

(A)NotwithstandinganythingtothecontraryinSection6.1(a),(x)followinganyallocationmadepursuanttoSection6.1(a)(i)andpriortoanyallocationmadepursuanttoSection6.1(a)(ii),anyNetIncomeshallbeallocatedtoallUnitholdersholdingSeriesCPreferredUnits,ProRata,untiltheaggregateoftheNetIncomeallocatedtosuchUnitholderspursuanttothisSection5.14(b)(i)(A)forthecurrentandallprevioustaxableperiodssinceissuanceoftheSeriesCPreferredUnitsisequaltotheaggregateamountofcashdistributedwithrespecttosuchSeriesCPreferredUnitsforthecurrentandprevioustaxableperiodsand(y)innoeventshallanyNetIncomebeallocatedpursuanttoSection6.1(a)(ii)inrespectofSeriesCPreferredUnits.AllocationstoSeriesCPreferredUnitspursuanttothisSection5.14(b)(i)(A),toSeriesAPreferredUnitspursuanttoSection5.12(b)(i)(A),toSeriesDPreferredUnitspursuanttoSection5.15(b)(i)(A),andtoSeriesEPreferredUnitspursuanttoSection5.16(b)(i)(A)shallbemadeProRata.

(B)NotwithstandinganythingtothecontraryinSection6.1(b),(x)UnitholdersholdingSeriesCPreferredUnitsshallnotreceiveanyallocationpursuanttoSection6.1(b)(i)withrespecttotheirSeriesCPreferredUnits,and(y)followinganyallocationmadepursuanttoSection6.1(b)(i)andpriortoanyallocationmadepursuanttoSection6.1(b)(ii),NetLossesshallbeallocatedtoallUnitholdersholdingSeriesCPreferredUnits,ProRata,untiltheAdjustedCapitalAccountofeachsuchUnitholderinrespectofeachOutstandingSeriesCPreferredUnithasbeenreducedtozero.AllocationstoSeriesCPreferredUnitspursuanttothisSection5.14(b)(i)(B),toSeriesAPreferredUnitspursuanttoSection5.12(b)(i)(B),toSeriesDPreferredUnitspursuanttoSection5.15(b)(i)(B),andtoSeriesEPreferredUnitspursuanttoSection5.16(b)(i)(B)shallbemadeProRata.

(C)NotwithstandinganythingtothecontraryinSection6.1(c)(i),(x)UnitholdersholdingSeriesCPreferredUnitsshallnotreceiveanyallocationpursuanttoSection6.1(c)(i)withrespecttotheirSeriesCPreferredUnits,but(y)followinganyallocationmadepursuanttoSection6.1(c)(i)(A)andpriortoanyallocationmadepursuanttoSection6.1(c)(i)(B),anyremainingNetTerminationGainshallbeallocatedtoallUnitholdersholdingSeriesCPreferredUnits,ProRata,untiltheCapitalAccountinrespectofeachOutstandingSeriesCPreferredUnitisequaltotheSeriesCLiquidationValue.AllocationstoSeriesCPreferredUnitspursuanttothisSection5.14(b)(i)(C),toSeriesAPreferredUnitspursuanttoSection5.12(b)(i)(C),toSeriesDPreferredUnitspursuanttoSection5.15(b)(i)(C),andtoSeriesEPreferredUnitspursuanttoSection5.16(b)(i)(C)shallbemadeProRata.

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(D)NotwithstandinganythingtothecontraryinSection6.1(c)(ii),(x)UnitholdersholdingSeriesCPreferredUnitsshallnotreceiveanyallocationpursuanttoSection6.1(c)(ii)withrespecttotheirSeriesCPreferredUnits,and(y)followingtheallocationsmadepursuanttoSection6.1(c)(ii)(C),andpriortoanyallocationmadepursuanttoSection6.1(c)(ii)(D),anyremainingNetTerminationLossshallbeallocatedtoallUnitholdersholdingSeriesCPreferredUnits,ProRata,untiltheAdjustedCapitalAccountinrespectofeachOutstandingSeriesCPreferredUnithasbeenreducedtozero.AllocationstoSeriesCPreferredUnitspursuanttothisSection5.14(b)(i)(D),toSeriesAPreferredUnitspursuanttoSection5.12(b)(i)(D),andtoSeriesDPreferredUnitspursuanttoSection5.15(b)(i)(D),andtoSeriesEPreferredUnitspursuanttoSection5.16(b)(i)(D)shallbemadeProRata.

(ii)Distributions .

(A)CommencingwiththeQuarterendingonJune30,2016,theholdersoftheSeriesCPreferredUnitsOutstandingasofanapplicableRecordDateshallbeentitledtoreceivecumulativedistributions(each,a“Series C Quarterly Distribution ”),priortoanyotherdistributionsmadeinrespectofanyJuniorInterestspursuanttoSection6.4orSection6.5,intheamountsetforthinthisSection5.14(b)(ii)(A)inrespectofeachOutstandingSeriesCPreferredUnit.AllsuchdistributionsshallbepaidQuarterlywithinforty-five(45)daysaftertheendofeachQuarter(eachsuchpaymentdate,a“Series C Distribution Payment Date ”).FortheQuarterending[December31,2017],andforeachQuarterthereafterthroughandincludingtheQuarterendingimmediatelypriortotheSeriesCCouponConversionQuarter,theSeriesCQuarterlyDistributiononeachOutstandingSeriesCPreferredUnitshallbepaidanumberofSeriesCPIKPreferredUnitsequaltotheSeriesCPIKPaymentAmount;provided that,inthediscretionoftheGeneralPartnerwhichdeterminationshallbemadepriortotheRecordDatefortherelevantquarter,theSeriesCQuarterlyDistributionmaybepaidwithrespecttoeachOutstandingSeriesCPreferredUnitas(x)anamountincashuptotheapplicableSeriesCDistributionRate,and(y)anumberofSeriesCPIKPreferredUnitsequalto(a)theremainderof(i)theapplicableSeriesCDistributionRateless(ii)theamountofcashpaidpursuanttoclause(x),dividedby(b)theSeriesCAdjustedIssuePrice(which,ifpaidincashfortheQuarterinwhichtheSeriesCIssuanceDateoccurs,theamountpayableshallbeequaltotheproductof(I)theamountpayablewithoutregardtothisparentheticaltimes(II)afraction,ofwhichthenumeratoristhenumberofdaysfromandincludingtheSeriesCIssuanceDateuptobutexcludingthedateofsuchQuarter’send,andofwhichthedenominatoris91).WithrespecttotheSeriesCCouponConversionQuarterandallQuartersthereafter,theSeriesCQuarterlyDistributionsshallbepaidwithrespecttoeachOutstandingSeriesCPreferredUnitentirelyincashattheapplicableSeriesCSubsequentDistributionRateperSeriesCPreferredUnit.IfthePartnershipestablishesaRecordDateforanydistributiontobemadebythe

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PartnershiponotherPartnershipInterestspursuanttoSection6.4orSection6.5,thentheRecordDateestablishedpursuanttothisSection5.14(b)(ii)(A)foraSeriesCQuarterlyDistributioninrespectofanyQuartershallbethesameRecordDateestablishedforanydistributiontobemadebythePartnershipinrespectofdistributionsonotherPartnershipInterestspursuanttoSection6.4orSection6.5forsuchQuarter.Unlessotherwiseexpresslyprovided ,referencesinthisAgreementtoSeriesCPreferredUnitsshallincludeallSeriesCPIKPreferredUnitsOutstandingasofthedateofsuchdetermination.

(B)WhenanySeriesCPIKPreferredUnitsarepayabletoaRecordHolderofSeriesCPreferredUnitspursuanttothisSection5.14,thePartnershipshallissuetheSeriesCPIKPreferredUnitstosuchRecordHoldernolaterthantheSeriesCDistributionPaymentDate(thedateofissuanceofsuchSeriesCPIKPreferredUnits,the“Series C PIK Preferred Payment Date ”).OntheSeriesCPIKPreferredPaymentDate,thePartnershipshallissuetosuchSeriesCUnitholderaCertificateorCertificatesforthenumberofSeriesCPIKPreferredUnitstowhichsuchSeriesCUnitholdershallbeentitled.TheissuanceoftheSeriesCPIKPreferredUnitspursuanttothisSection5.14(b)(ii)shallbedeemedtohavebeenmadeonthefirstdayoftheQuarterfollowingtheQuarterinrespectofwhichsuchpaymentofSeriesCPIKPreferredUnitswasdue.PriortotheSeriesCCouponConversionQuarter,if,inviolationofthisAgreement,thePartnershipfailstopayinfullorpartanySeriesCQuarterlyDistributioninkindwhendue,thentheholdersentitledtotheunpaidSeriesCPIKPreferredUnitsshallbeentitled(I)toreceiveSeriesCQuarterlyDistributionsinsubsequentQuartersinrespectofsuchunpaidSeriesCPIKPreferredUnits,(II)toreceivetheSeriesCLiquidationValueinaccordancewithSection5.14(b)(iv)inrespectofsuchunpaidSeriesCPIKPreferredUnits,and(III)toallotherrightsunderthisAgreementasifsuchunpaidSeriesCPIKPreferredUnitshadinfactbeendistributedonthedatedue.NothinginthisSection5.14(b)(ii)(B)shallaltertheobligationofthePartnershiptopayanyunpaidSeriesCPIKPreferredUnitsortherightoftheholdersofSeriesCPreferredUnitstoenforcethisAgreementtocompelthePartnershiptodistributeanyunpaidSeriesCPIKPreferredUnits.FractionalSeriesCPIKPreferredUnitsshallnotbeissuedtoanyperson(eachfractionalSeriesCPIKPreferredUnitshallberoundedtothenearestwholeSeriesCPIKPreferredUnit(anda0.5SeriesCPIKPreferredUnitshallberoundeduptothenexthigherSeriesCPIKPreferredUnit)).

(C)If,inviolationofthisAgreement,thePartnershipfailstopayinfullorpartanySeriesCQuarterlyDistributionincashwhendue,then,withoutlimitinganyrightsoftheholdersoftheSeriesCPreferredUnitstocompelthePartnershiptomakesuchdistribution,fromandafterthefirstdateofsuchfailureandcontinuinguntilsuchfailureiscuredbypaymentinfullincashofallarrearageswithrespecttoanySeriesCQuarterlyDistribution,includingaccruedbutunpaidinterestthereon,(w)theamountofsuchunpaiddistributions(“Series C Unpaid Cash Distributions ”)willaccrueandaccumulatefromandincludingthefirstdayoftheQuarterimmediatelyfollowingtheQuarterinrespectofwhichsuchpaymentisdueuntilpaidinfull,(x)anySeriesCUnpaidCashDistributionshallaccrueinterestfromtheapplicableSeriesCDistributionPaymentDateatrateequalto11.79%perannum,and(y)thePartnershipshallnotbepermittedto,andshallnot,declareormake(i)anydistributionsinrespectofanyJuniorInterestsand(ii)anydistributionsinrespectofanySeriesCParitySecurities.

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(D)IfalloranyportionofaSeriesCQuarterlyDistributionistobepaidincash,thentheaggregateamountofsuchcashtobesodistributedinrespectoftheSeriesCPreferredUnitsOutstandingasoftheRecordDateforsuchSeriesCQuarterlyDistributionshallbepaidoutofAvailableCashpriortomakinganydistributionpursuanttoSection6.4orSection6.5.TotheextentthatanyportionofaSeriesCQuarterlyDistributiontobepaidincashwithrespecttoanyQuarter,togetherwithanyportionofaSeriesAQuarterlyDistribution,SeriesDQuarterlyDistributionandSeriesEQuarterlyDistributiontobepaidincashwithrespecttosuchQuarter,exceedstheamountofAvailableCashforsuchQuarter,anamountofcashequaltotheAvailableCashforsuchQuarterwillbepaidtotheSeriesAUnitholders,theSeriesCUnitholders,theSeriesDUnitholdersandtheSeriesEUnitholdersProRataandthebalanceofsuchSeriesCQuarterlyDistribution(andSeriesAQuarterlyDistribution,SeriesDQuarterlyDistributionandSeriesEQuarterlyDistribution)shallbeunpaidandshallconstituteanarrearageandaccrueinterestassetforthinSection5.14(b)(ii)(C).ThePartnershipshallprovidewrittennoticetotheSeriesCUnitholders,notlaterthanthelastBusinessDayofthemonthimmediatelyfollowingtheendofsuchQuarter,describinginreasonabledetailthePartnership’scalculationofAvailableCashforsuchQuarterandtheportion,ifany,oftheSeriesCQuarterlyDistributionthePartnershipwillbeunabletopayontheapplicableSeriesCDistributionPaymentDate.

(E)NotwithstandinganythinginthisSection5.14(b)(ii)tothecontrary,withrespecttoSeriesCPreferredUnitsthatareconvertedintoCommonUnits,theholderthereofshallnotbeentitledtoaSeriesCPreferredUnitdistributionandaCommonUnitdistributionwithrespecttothesameperiod,butshallbeentitledonlytothedistributiontobepaidbasedupontheclassofUnitsheldasofthecloseofbusinessontheapplicableRecordDate.Fortheavoidanceofdoubt,ifaSeriesCConversionNoticeDateoccurspriortothecloseofbusinessonaRecordDateforpaymentofadistributionontheCommonUnits,theapplicableholderofSeriesCPreferredUnitsshallreceiveonlytheCommonUnitdistributionwithrespecttosuchperiod.

(F)NotwithstandinganythinginArticleVItothecontrary,neithertheGeneralPartnernortheholdersofIncentiveDistributionRightsshallbeentitledtoreceivedistributionsorallocationsofincomeorgainthatcorrespondorrelatetoamountsdistributedorallocatedtoUnitholdersinrespectofSeriesCPreferredUnits,regardlessofwhethertheamountssodistributedorallocatedinrespectoftheSeriesCPreferredUnitsweredeterminedunderthedefinitionof“SeriesCInitialDistributionRate”orclause(ii)ofthedefinitionof“SeriesCSubsequentDistributionRate”orwereotherwisedeterminedonan“asconverted”basis.

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(iii)Issuance of Series C Preferred Units .TheSeriesCConvertiblePreferredUnitsshallbeissuedbythePartnershippursuanttothetermsandconditionsoftheSeriesCUnitPurchaseAgreement.

(iv)Liquidation Value .Intheeventofanyliquidation,dissolutionandwindingupofthePartnershipunderSection12.4orasale,exchangeorotherdispositionofallorsubstantiallyalloftheassetsofthePartnership,eithervoluntaryorinvoluntary,theRecordHoldersoftheSeriesCPreferredUnitsshallbeentitledtoreceive,outoftheassetsofthePartnershipavailablefordistributiontothePartnersoranyassignees,priorandinpreferencetoanydistributionofanyassetsofthePartnershiptotheRecordHoldersofanyotherclassorseriesofPartnershipInterests(otherthanSeriesAPreferredUnits,SeriesDPreferredUnitsandSeriesEPreferredUnitsastowhichtheSeriesCPreferredUnitsareparipassu),thepositivevalueineachsuchholder’sCapitalAccountinrespectofsuchSeriesCPreferredUnits.Ifintheyearofsuchliquidationandwindingup,orsale,exchangeorotherdispositionofallorsubstantiallyalloftheassetsofthePartnership,anysuchRecordHolder’sCapitalAccountinrespectofsuchSeriesCPreferredUnitsislessthantheaggregateSeriesCLiquidationValueofsuchSeriesCPreferredUnits,thennotwithstandinganythingtothecontrarycontainedinthisAgreement,andpriortoanyotherallocationpursuanttothisAgreementforsuchyearandpriortoanydistributionpursuanttotheprecedingsentence,itemsofgrossincomeandgainshallbeallocatedtoallUnitholdersthenholdingSeriesCPreferredUnits,ProRata,untiltheCapitalAccountinrespectofeachOutstandingSeriesCPreferredUnitisequaltotheSeriesCLiquidationValue(andnootherallocationpursuanttothisAgreementshallreversetheeffectofsuchallocation),withsuchallocationbeingmadeProRatawithanyallocationmadepursuanttothesecondsentencesofSection5.12(b)(iv),Section5.15(b)(iv)andSection5.16(b)(iv).Ifintheyearofsuchliquidation,dissolutionorwindingupanysuchRecordHolder’sCapitalAccountinrespectofsuchSeriesCPreferredUnitsislessthantheaggregateSeriesCLiquidationValueofsuchSeriesCPreferredUnitsaftertheapplicationoftheprecedingsentence,thentotheextentpermittedbyapplicablelawandnotwithstandinganythingtothecontrarycontainedinthisAgreement,itemsofgrossincomeandgainforanyprecedingtaxableperiod(s)withrespecttowhichIRSForm1065SchedulesK-1havenotbeenfiledbythePartnershipshallbereallocatedtoallUnitholdersthenholdingSeriesCPreferredUnits,ProRata,untiltheCapitalAccountinrespectofeachsuchOutstandingSeriesCPreferredUnitaftermakingallocationspursuanttothisandtheimmediatelyprecedingsentenceisequaltotheSeriesCLiquidationValue(andnootherallocationpursuanttothisAgreementshallreversetheeffectofsuchallocation),withsuchallocationbeingmadeProRatawithanyallocationmadepursuanttothethirdsentencesofSection5.12(b)(iv),Section5.15(b)(iv)andSection5.16(b)(iv).AtsuchtimeassuchallocationshavebeenmadetotheOutstandingSeriesCPreferredUnits,anyremainingNetTerminationGainorNetTerminationLossshallbeallocatedtothePartnerspursuanttoSection6.1(c)orSection6.1(d),asthecasemaybe.AtthetimeofthedissolutionofthePartnership,subjecttoSection17-804oftheDelawareAct,theRecordHoldersoftheSeriesCPreferredUnitsshallbecomeentitledtoreceiveanydistributionsinrespectoftheSeriesCPreferred

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UnitsthatareaccruedandunpaidasofthedateofsuchdistributioninpriorityoveranyentitlementofanyotherPartnersorAssigneeswithrespecttoanydistributionsbythePartnershiptosuchotherPartnersorAssignees(otherthanSeriesAPreferredUnits,SeriesDPreferredUnitsandSeriesEPreferredUnitsastowhichtheSeriesCPreferredUnitsareparipassu);provided ,however ,thattheGeneralPartner,assuch,willhavenoliabilityforanyobligationswithrespecttosuchdistributionstoanyRecordHolder(s)ofSeriesCPreferredUnits.

(v)Voting Rights .

(A)ExceptasprovidedinSection5.14(b)(v)(B)below,theOutstandingSeriesCPreferredUnitsshallhavevotingrightsthatareidenticaltothevotingrightsoftheCommonUnitsandshallvotewiththeCommonUnitsasasingleclass,sothateachOutstandingSeriesCPreferredUnitwillbeentitledtoonevoteforeachCommonUnitintowhichsuchSeriesCPreferredUnitisthenconvertibleoneachmatterwithrespecttowhicheachCommonUnitisentitledtovote.EachreferenceinthisAgreementtoavoteofRecordHoldersofCommonUnitsshallbedeemedtobeareferencetotheholdersofCommonUnits,SeriesAPreferredUnits,SeriesBUnits,SeriesCPreferredUnits,SeriesDPreferredUnitsandSeriesEPreferredUnitsonan“asif”convertedbasis,andthedefinitionof“UnitMajority”shallcorrespondinglybeconstruedtomeanatleastamajorityoftheCommonUnits,theSeriesAPreferredUnits,theSeriesBUnits,theSeriesCPreferredUnits,SeriesDPreferredUnitsandSeriesEPreferredUnits,onan“asif”convertedbasis,votingtogetherasasingleclassduringanyperiodinwhichanySeriesCPreferredUnitsareOutstanding.

(B)NotwithstandinganyotherprovisionofthisAgreement,inadditiontoallotherrequirementsimposedbyDelawarelaw,andallothervotingrightsgrantedunderthisAgreement,theaffirmativevoteoftheRecordHoldersofamajorityoftheOutstandingSeriesCPreferredUnits,votingseparatelyasaclassbasedupononevoteperSeriesCPreferredUnit,shallbenecessaryonanymatter(includingamerger,consolidationorbusinesscombination)thatadverselyaffectsanyoftherights,preferencesandprivilegesoftheSeriesCPreferredUnitsoramendsormodifiesanyofthetermsoftheSeriesCPreferredUnits;provided thatthePartnershipshallbeabletoamendthisSection5.14withouttheapprovalbytheRecordHoldersofOutstandingSeriesCPreferredUnitssolongastheamendmentdoesnotadverselyaffecttheholdersoftheSeriesCPreferredUnitsinanymaterialrespectanddoesnotaffecttheholdersoftheSeriesCPreferredUnitsdisproportionatelyinrelationtotheholdersofCommonUnits;provided ,however ,thatthePartnershipmay,withouttheconsentorapprovaloftheRecordHoldersofOutstandingSeriesCPreferredUnits,create(byreclassificationorotherwise)andissueJuniorInterests(includingbyamendingtheprovisionsofanyexistingclassofPartnershipIntereststomakesuchclassofPartnershipInterestsaclassofJuniorInterests)inanunlimitedamount.Withoutlimitingthegeneralityoftheprecedingsentence,anyactionshallbedeemedtoadverselyaffecttheholdersoftheSeriesCPreferredUnitsinamaterialrespectifsuchactionwould:

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(1)reducetheSeriesCDistributionRate,changetheformofpaymentofdistributionsontheSeriesCPreferredUnits,deferthedatefromwhichdistributionsontheSeriesCPreferredUnitswillaccrue,cancelaccruedandunpaiddistributionsontheSeriesCPreferredUnitsoranyinterestaccruedthereon,orchangetheseniorityrightsoftheSeriesCUnitholdersastothepaymentofdistributionsinrelationtotheUnitholdersofanyotherclassorseriesofUnitsor,exceptasdeterminedtobeappropriateinconnectionwiththeissuanceofJuniorInterests,amendthisSection5.14;

(2)reducetheamountpayableorchangetheformofpaymenttotheholdersoftheSeriesCPreferredUnitsuponthevoluntaryorinvoluntaryliquidation,dissolutionorwindingup,orsaleofallorsubstantiallyalloftheassets,ofthePartnership,orchangetheseniorityoftheliquidationpreferencesoftheholdersoftheSeriesCPreferredUnitsinrelationtotherightsuponliquidationoftheholdersofanyotherclassorseriesofUnits;

(3)maketheSeriesCPreferredUnitsconvertibleattheoptionofthePartnership;or


(vi)No Series C Parity Securities or Series C Senior Securities .OtherthanSeriesCPIKPreferredUnitsissuedinconnectionwiththeSeriesCQuarterlyDistribution,thePartnershipshallnot,withouttheaffirmativevoteoftheholdersofamajorityoftheOutstandingSeriesCPreferredUnits,issueanySeriesCParitySecuritiesorSeriesCSeniorSecurities.

(vii)Certificates .

(A)TheSeriesCPreferredUnitsshallbeevidencedbyCertificatesinsuchformastheGeneralPartnermayapproveand,subjecttothesatisfactionofanyapplicablelegal,regulatoryandcontractualrequirements,maybeassignedortransferredinamanneridenticaltotheassignmentandtransferofotherUnits;unlessanduntiltheGeneralPartnerdeterminestoassigntheresponsibilitytoanotherPerson,thePartnershipwillactastheregistrarandtransferagentfortheSeriesCPreferredUnits.TheCertificatesevidencingSeriesCPreferredUnitsshallbeseparatelyidentifiedandshallnotbearthesameCUSIPnumberastheCertificatesevidencingCommonUnits.

(B)Thecertificate(s)representingtheSeriesCPreferredUnitsmaybeimprintedwithalegendinsubstantiallythefollowingform(but,ifoutstandingasofthedateofthisAgreement,mayrefertotheFifthA/RPartnershipAgreement):

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“NEITHERTHEOFFERNORSALEOFTHESESECURITIESHASBEENREGISTEREDUNDERTHESECURITIESACTOF1933,ASAMENDED.THESESECURITIESMAYNOTBESOLD,OFFEREDFORSALE,PLEDGEDORHYPOTHECATEDINTHEABSENCEOFAREGISTRATIONSTATEMENTINEFFECTWITHRESPECTTOTHESECURITIESUNDERSUCHACTORPURSUANTTOANEXEMPTIONFROMREGISTRATIONTHEREUNDERAND,INTHECASEOFATRANSACTIONEXEMPTFROMREGISTRATION,UNLESSSOLDPURSUANTTORULE144UNDERSUCHACTORTHEPARTNERSHIPHASRECEIVEDDOCUMENTATIONREASONABLYSATISFACTORYTOITTHATSUCHTRANSACTIONDOESNOTREQUIREREGISTRATIONUNDERSUCHACT.THISSECURITYISSUBJECTTOCERTAINRESTRICTIONSONTRANSFERSETFORTHINTHESIXTHAMENDEDANDRESTATEDLIMITEDPARTNERSHIPAGREEMENTOFTHEPARTNERSHIP,DATEDASOF[•],2017,ACOPYOFWHICHMAYBEOBTAINEDFROMTHEPARTNERSHIPATITSPRINCIPALEXECUTIVEOFFICES.”

(viii)Conversion .

(A)At the Option of the Series C Unitholder .Atanytimeandfromtimetotime,subjecttoanyapplicablelimitationsintheNewCreditAgreement,theSeriesCPreferredUnitsownedbyanySeriesCUnitholdershallbeconvertible,inwholeorinpart,upontherequestoftheSeriesCUnitholderintoanumberofCommonUnitsdeterminedbymultiplyingthenumberofSeriesCPreferredUnitstobeconvertedbytheSeriesCConversionRate.ImmediatelyuponanyconversionofSeriesCPreferredUnits,allrightsoftheSeriesCConvertingUnitholderinrespectthereofshallcease,including,withoutlimitation,anyaccrualofdistributions,andsuchSeriesCConvertingUnitholdershallbetreatedforallpurposesastheownerofCommonUnits.FractionalCommonUnitsshallnotbeissuedtoanypersonpursuanttothisSection5.14(b)(viii)(A)(eachfractionalCommonUnitshallberoundedtothenearestwholeCommonUnit(anda0.5CommonUnitshallberoundeduptothenexthigherCommonUnit)).

(B)At the Option of the Partnership .AtanytimeaftertheSeriesEOptionalConversionStartDate,subjecttoanyapplicablelimitationsintheNewCreditAgreement,thePartnership,intheGeneralPartner’ssolediscretion,shallhavetheoptionatanytime,toconvertalloranyportionoftheSeriesCPreferredUnitsownedbyanySeriesCUnitholderintoanumberofCommonUnitsdeterminedbymultiplyingthenumberofSeriesCPreferredUnitstobeconvertedbytheSeriesCConversionRate;provided ,however ,thattheaggregateamountofSeriesCPreferredUnitssubjecttoconversionbythePartnershippursuanttothisSection5.14(b)(viii)(B)shallnotinvolveanunderlyingvalueofCommonUnitsexceedingtheSeriesCThreshold.TheaggregateamountofSeriesCPreferredUnitssubjecttoconversionpursuanttothisSection5.14(b)(viii)(B)shallbeallocatedamongtheSeriesCPreferredUnitholdersonaProRatabasisoronsuchotherbasisasmaybeagreeduponbytheSeriesCPreferredUnitholders.ImmediatelyuponanyconversionofSeriesCPreferredUnits,allrightsoftheSeriesCConvertingUnitholderinrespectthereof

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shallcease,including,withoutlimitation,anyaccrualofdistributions,andsuchSeriesCConvertingUnitholdershallbetreatedforallpurposesastheownerofCommonUnits.FractionalCommonUnitsshallnotbeissuedtoanypersonpursuanttothisSection5.14(b)(viii)(B)(eachfractionalCommonUnitshallberoundedtothenearestwholeCommonUnit(anda0.5CommonUnitshallberoundeduptothenexthigherCommonUnit)).

(C)Conversion Notice .

(1)ToconvertSeriesCPreferredUnitsintoCommonUnitspursuanttoSection5.14(b)(viii)(A),theSeriesCConvertingUnitholdershallgivewrittennotice(a“Series C Conversion Notice ”)tothePartnershipintheformofExhibitDattachedheretostatingthatsuchSeriesCUnitholderelectstosoconvertSeriesCPreferredUnitsandshallstatethereinwithrespecttoSeriesCPreferredUnitstobeconvertedpursuanttoSection5.14(b)(viii)(A)thefollowing:(a)thenumberofSeriesCConvertiblePreferredUnitstobeconverted,(b)theCertificate(s)evidencingtheSeriesCPreferredUnitstobeconvertedanddulyendorsed,(c)thenameornamesinwhichsuchSeriesCUnitholderwishestheCertificateorCertificatesforSeriesCConversionUnitstobeissued,and(d)suchSeriesCUnitholder’scomputationofthenumberofSeriesCConversionUnitstobereceivedbysuchSeriesCUnitholder(ordesignatedrecipient(s))upontheSeriesCConversionDate.ThedateanySeriesCConversionNoticeisreceivedbythePartnershipshallhereinafterbereferredtoasa“Series C ConversionNotice Date. ”

(2)ToconvertSeriesCPreferredUnitsintoCommonUnitspursuanttoSection5.14(b)(viii)(B),thePartnershipshallgivewrittennotice(a“Series C Forced Conversion Notice ”)toeachRecordHolderofSeriesCPreferredUnitsintheformofExhibitDattachedheretostatingthatthePartnershipelectstoforceconversionofsuchSeriesCPreferredUnitspursuanttoSection5.14(b)(viii)(B)andshallstatetherein:(a)thenumberofSeriesCConvertiblePreferredUnitstobeconverted,(b)theCertificate(s)evidencingtheSeriesCPreferredUnitstobeconvertedanddulyendorsed,(c)thePartnership’scomputationofthenumberofSeriesCConversionUnitstobedeliveredtosuchSeriesCUnitholder(ordesignatedrecipient(s))upontheSeriesCConversionDate.ThedateanySeriesCConversionNoticeisreceivedbythePartnershipshallhereinafterbereferredtoasa“Series C Forced Conversion Notice Date .”TheSeriesCConversionUnitsshallbeissuedinthenameoftheRecordHolderofsuchSeriesCPreferredUnits.

(D)Timing; Certificates .IfaSeriesCConversionNoticeisdeliveredbyaSeriesCUnitholdertothePartnershipinaccordancewithSection5.14(b)(viii)(C)(1)oraSeriesCForcedConversionNoticeisdeliveredbythePartnershiptoaSeriesCUnitholderinaccordancewithSection5.14(b)(viii)(C)(2),thePartnershipshallissuetheSeriesCConversionUnitsno

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laterthanseven(7)daysafteraSeriesCConversionNoticeDateortheSeriesCForcedConversionNoticeDate,asthecasemaybe,occurs(anydateofissuanceofsuchCommonUnits,a“Series C Conversion Date ”).OntheSeriesCConversionDate,thePartnershipshallissuetosuchSeriesCUnitholder(ordesignatedrecipient(s))aCertificateorCertificatesforthenumberofSeriesCConversionUnitstowhichsuchholdershallbeentitled.

InlieuofdeliveringphysicalCertificatesrepresentingtheSeriesCConversionUnitsissuableuponconversionofSeriesCPreferredUnits,providedtheTransferAgentisparticipatingintheDepository’sFastAutomatedSecuritiesTransferprogram,uponrequestoftheSeriesCUnitholder,thePartnershipshalluseitscommerciallyreasonableeffortstocauseitsTransferAgenttoelectronicallytransmittheSeriesCConversionUnitsissuableuponconversionordistributionpaymenttosuchSeriesCUnitholder(ordesignatedrecipient(s)),bycreditingtheaccountoftheSeriesCUnitholder(ordesignatedrecipient(s))primebrokerwiththeDepositorythroughitsDepositWithdrawalAgentCommissionsystem.ThepartiesagreetocoordinatewiththeDepositorytoaccomplishthisobjective.UponissuanceofSeriesCConversionUnitstotheSeriesCConvertingUnitholder,allrightsundertheconvertedSeriesCPreferredUnitsshallcease,andsuchSeriesCConvertingUnitholdershallbetreatedforallpurposesastheRecordHolderofsuchSeriesCConversionUnits.

(E)Distributions, Combinations, Subdivisions and Reclassifications by the Partnership .IfthePartnership(i)makesadistributiononitsCommonUnitsinCommonUnits,(ii)subdividesorsplitsitsoutstandingCommonUnitsintoagreaternumberofCommonUnits,(iii)combinesorreclassifiesitsCommonUnitsintoasmallernumberofCommonUnitsor(iv)issuesbyreclassificationofitsCommonUnitsanyPartnershipInterests(includinganyreclassificationinconnectionwithamerger,consolidationorbusinesscombinationinwhichthePartnershipisthesurvivingPerson),thentheSeriesCConversionRateineffectatthetimeoftheRecordDateforsuchdistributionortheeffectivedateofsuchsubdivision,split,combination,orreclassificationshallbeproportionatelyadjustedsothattheconversionoftheSeriesCPreferredUnitsaftersuchtimeshallentitleeachSeriesCUnitholdertoreceivetheaggregatenumberofCommonUnits(oranyPartnershipInterestsintowhichsuchCommonUnitswouldhavebeencombined,consolidated,mergedorreclassifiedpursuanttoclauses(iii)and(iv)above)thatsuchSeriesCUnitholderwouldhavebeenentitledtoreceiveiftheSeriesCPreferredUnitshadbeenconvertedintoCommonUnitsimmediatelypriortosuchRecordDateoreffectivedate,asthecasemaybe,andinthecaseofamerger,consolidationorbusinesscombinationinwhichthePartnershipisthesurvivingPerson,thePartnershipshallprovideeffectiveprovisionstoensurethattheprovisionsinthisSection5.14relatingtotheSeriesCPreferredUnitsshallnotbeabridgedoramendedandthattheSeriesCPreferredUnitsshallthereafterretainthesamepowers,preferencesandrelativeparticipating,optionalandotherspecialrights,andthequalifications,limitationsandrestrictionsthereon,thattheSeriesCPreferredUnitshadimmediatelypriortosuchtransactionorevent.Anadjustmentmadepursuantto

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thisSection5.14(b)(viii)(E)shallbecomeeffectiveimmediatelyaftertheRecordDateinthecaseofadistributionandshallbecomeeffectiveimmediatelyaftertheeffectivedateinthecaseofasubdivision,combination,reclassification(includinganyreclassificationinconnectionwithamerger,consolidationorbusinesscombinationinwhichthePartnershipisthesurvivingPerson)orsplit.Suchadjustmentshallbemadesuccessivelywheneveranyeventdescribedaboveshalloccur.

If,inthefuture,thePartnershipissuesanyConvertibleSecurities,theGeneralPartnershall,atthedirectionandattheoptionoftheholdersofamajorityoftheOutstandingSeriesCPreferredUnitsintheirsolediscretion,either(i)amendtheprovisionsofthisAgreementrelatingtoantidilutionprotectionto(A)reviseanysuchprovisionthatislessfavorablethanthecorrespondingprovisionofferedinthetermsofsuchConvertibleSecurities(oranyrelatedpurchaseagreement)sothatsuchprovisionisthesameassuchprovisionofferedinthetermsofsuchConvertibleSecurities(oranyrelatedpurchaseagreement)and(B)incorporateanyprovision(s)offeredinthetermsofsuchConvertibleSecurities(oranyrelatedpurchaseagreement)thatisnotcurrentlyprovidedforinthisAgreementandwhichwouldmaketheantidilutionprotectionprovisionsofthisAgreementmorefavorabletotheholdersofSeriesCPreferredUnits,whichamendmentshallbeeffectiveconcurrentlywiththeissuanceand/orexecutionofdocumentationrelatingtosuchConvertibleSecurities,or(ii)retaintheantidilutionlanguageapplicabletotheSeriesCPreferredUnitsatsuchtime.ThePartnershipagreestoprovideasmuchpriornoticeoftheproposedissuanceofanysuchConvertibleSecuritiesand/orexecutionofdocumentationrelatingtosuchissuanceofConvertibleSecuritiesasisreasonablypracticable(andinanyevent,suchnoticeshallbeprovidedatleastten(10)BusinessDayspriortosuchissuanceand/orexecution).

(F)Follow-On Adjustments .ExceptinconnectionwiththeexerciseofaWarrant,ifthePartnershipshallissueorsell,orgrantanyFollow-onUnitsataFollow-onPricethatislessthanonehundredpercent(100%)oftheSeriesCAdjustedIssuePrice,thentheSeriesCConversionRatewillberesetsothatitwillequalthenumberdeterminedbydividingtheSeriesCAdjustedIssuePriceimmediatelybeforetheissuanceoftheFollow-OnUnitsbytheresultachievedthroughapplicationofthefollowingformula:

((CPxOB)+(FPxQ))/OA

Where:

CP=theSeriesCAdjustedIssuePriceineffectimmediatelybeforetheissuanceoftheFollow-OnUnits


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Q=thetotalnumberoffullydilutedFollow-OnUnitsissuedOA=thetotalnumberoffullydilutedCommonUnitsoutstandingaftergivingeffecttotheissuanceoftheFollow-OnUnits.

ForpurposesofthisSection5.14(b)(viii)(F),theindicativepriceperCommonUnitresultingfromtheissuanceofConvertibleSecuritieswillbedeterminedusingtheprinciplessetforthinSection5.14(b)(viii)(I)(3).

(G)Other Extraordinary Transactions Affecting the Partnership .

(1)PriortotheconsummationofaPartnershipEvent,thePartnershipshall,aspromptlyaspracticable,butinanyeventnolaterthantwelve(12)BusinessDayspriortotheconsummationofthePartnershipEvent,makeanirrevocablewrittenoffer(a“Series CPartnership Event Change of Control Offer ”),subjecttoconsummationofthePartnershipEvent,toeachholderofSeriesCPreferredUnitstoredeemall(butnotlessthanall)ofsuchholder’sSeriesCPreferredUnitsforapriceperSeriesCPreferredUnitpayableincashequaltothegreaterof(x)thesumoftheSeriesCIssuePriceandtheSeriesCUnpaidCashDistributionsand(y)anamountequaltotheproductof(1)thenumberofCommonUnitsintowhicheachSeriesCPreferredUnitisconvertiblepursuanttoSection5.14(b)(viii)onthedayimmediatelypriortothedateoftheSeriesCPartnershipEventChangeofControlOfferand(2)thesumof(A)thecashconsiderationperCommonUnittobepaidtotheholdersofCommonUnitspursuanttothePartnershipEventplus(B)thefairmarketvalueperCommonUnitofthesecuritiesorotherassetstobedistributedtotheholdersoftheCommonUnitspursuanttothePartnershipEvent(asapplicable,the“Series C Partnership Event Payment ”).

(2)UponreceiptbyaSeriesCUnitholderofaSeriesCPartnershipEventChangeofControlOffer,suchSeriesCUnitholdermayelect,bywrittennoticereceivedbythePartnershipnolaterthanfive(5)BusinessDaysafterthereceiptbysuchholderofaSeriesCPartnershipEventChangeofControlOffer,toreceiveSeriesCSurvivorPreferredSecurities(asdefinedbelow)pursuanttothisSection5.14(b)(viii)(G)(2)inlieuofaSeriesCPartnershipEventPayment.UponreceiptofsuchSeriesCUnitholder’selectiontoreceiveSeriesCSurvivorPreferredSecurities,thePartnershipshallaspromptlyaspracticable,butinanyeventpriortotheconsummationofanyPartnershipEvent,makeappropriateprovisiontoensurethatsuchelectingholdersofSeriesCPreferredUnitsreceiveinsuchPartnershipEventapreferredsecurity,issuedbythePersonsurvivingorresultingfromsuchPartnershipEventandcontainingprovisionssubstantiallyequivalenttotheprovisionsset

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forthinthisAgreementwithrespecttotheSeriesCPreferredUnits,includingSection5.14andSection7.3hereof,withoutmaterialabridgement,including,withoutlimitation,thesamepowers,preferences,rightstodistributions,rightstoaccumulationandcompoundinguponfailuretopaydistributions,andrelativeparticipating,optionalorotherspecialrightsandthequalifications,limitationsorrestrictionsthereon,thattheSeriesCPreferredUnithadimmediatelypriortosuchPartnershipEvent(the“Series C Survivor Preferred Security ”).TheSeriesCConversionRateineffectatthetimeoftheeffectivedateofsuchPartnershipEventshallbeproportionatelyadjustedsothattheconversionofaunitofSeriesCSurvivorPreferredSecurityaftersuchtimeshallentitletheholdertothenumberofsecuritiesoramountofcashorotherassetswhich,ifaSeriesCPreferredUnithadbeenconvertedintoCommonUnitsimmediatelypriortosuchPartnershipEvent,suchholderwouldhavebeenentitledtoreceiveimmediatelyfollowingsuchPartnershipEvent.SubsequentadjustmentstotheSeriesCConversionRateoftheSeriesCSurvivorPreferredSecurityshallbemadesuccessivelythereafterwheneveranyeventdescribedinSection5.14(b)(viii)(E),Section5.14(b)(viii)(F)orthisSection5.14(b)(viii)(G)shalloccur.Notwithstandingtheforegoing,thePartnershipmayconsummateaPartnershipEventwithoutmakingappropriateprovisiontoensurethattheholdersofSeriesCPreferredUnitsreceiveaSeriesCPartnershipEventPaymentorSeriesCSurvivorPreferredSecurity,asapplicable,withrespecttosuchPartnershipEventifpriortosuchconsummationthePartnershiphasreceivedthepriorwrittenapprovaloftheholdersofamajorityoftheOutstandingSeriesCPreferredUnits.

(3)ASeriesCPartnershipEventChangeofControlOffershallbemailedtoeachSeriesCUnitholderandshalldescribethetransactionortransactionsthatconstitutethePartnershipEventandstate:

i)thattheSeriesCPartnershipEventChangeofControlOfferisbeingmadepursuanttothisSection5.14(b)(viii)(F)andthatthePartnershipismakinganoffertoredeemallSeriesCPreferredUnitsofsuchUnitholder(subjecttotheconsummationofthePartnershipEvent);

ii)theamountoftheSeriesCPartnershipEventPaymentandtheredemptiondate,whichshallbethedateonwhichthePartnershipEventisconsummatedorassoonthereafteraspracticable(the“Series C Partnership Event Payment Date ”);and


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OntheSeriesCPartnershipEventPaymentDate,thePartnership(oritssuccessor)shallpaytoeachUnitholderofSeriesCPreferredUnitsthatacceptstheSeriesCPartnershipEventChangeofControlOfferanamountincashequaltosuchholder’sapplicableSeriesCPartnershipEventPayment,andallofsuchholder’srightsandprivilegesundertheSeriesCPreferredUnitsorasaSeriesCUnitholdershallbeextinguished.

(H)NotwithstandinganyoftheotherprovisionsofthisSection5.14(b)(viii),noadjustmentshallbemadetotheSeriesCConversionRatepursuanttoSection5.14(b)(viii)(E)-(G)asaresultofanyofthefollowing:




(I)ThefollowingrulesshallapplyforpurposesofthisSection5.14(b)(viii):



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(3)InthecaseoftheissuanceorsaleofConvertibleSecurities,thefollowingprovisionsshallapplyforallpurposesofthisSection5.14(b)(viii)(I):

i)TheaggregatemaximumnumberofCommonUnitsdeliverableuponexercise(assumingthesatisfactionofanyconditionstoexercisability,including,withoutlimitation,thepassageoftime,butwithouttakingintoaccountpotentialantidilutionadjustments)ofoptionsorwarrantstopurchaseorrightstosubscribeforCommonUnitsshallbedeemedtohavebeenissuedatthetimesuchoptions,warrantsorrightswereissuedandforconsiderationequaltotheconsideration(determinedinthemannerprovidedinthisSection5.14(b)(viii)(I)),ifany,receivedbythePartnershipupontheissuanceofsuchoptions,warrantsorrightsplustheminimumexercisepriceprovidedinsuchoptions,warrantsorrights(withouttakingintoaccountpotentialantidilutionadjustments)fortheCommonUnitscoveredthereby.

ii)TheaggregatemaximumnumberofCommonUnitsdeliverableuponconversionoforinexchange(assumingthesatisfactionofanyconditionstoconvertibilityorexchangeability,including,withoutlimitation,thepassageoftime,butwithouttakingintoaccountpotentialantidilutionadjustments)foranysuchconvertibleorexchangeablesecuritiesorupontheexerciseofoptionsorwarrantstopurchaseorrightstosubscribeforsuchconvertibleorexchangeablesecuritiesandsubsequentconversionorexchangethereofshallbedeemedtohavebeenissuedatthetimesuchsecuritieswereissuedorsuchoptions,warrantsorrightswereissuedandforaconsiderationequaltotheconsideration,ifany,receivedbythePartnershipforanysuchsecuritiesoroptions,warrantsorrights,plustheminimumadditionalconsideration,ifany,tobereceivedbythePartnership(withouttakingintoaccountpotentialantidilutionadjustments)upontheconversionorexchangeofsuchsecuritiesorupontheexerciseofsuchoptions,warrantsorrightsandsubsequentconversionorexchangeoftheunderlyingconvertibleorexchangeablesecurities,asappropriate(theconsiderationineachcasetobedeterminedinthemannerprovidedinthisSection5.14(b)(viii)).

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iii)Intheeventofanychangein(x)thenumberofCommonUnitsdeliverableor(y)theconsiderationpayabletothePartnershipuponexerciseofsuchoptions,warrantsorrightswithrespecttoeitherCommonUnitsorsuchconvertibleorexchangeablesecuritiesoruponconversionoforinexchangeforsuchconvertibleorexchangeablesecuritiesandnototherwiseentitledtoanyappropriateantidilutionadjustmentpursuanttothisSection5.14,including,butnotlimitedto,achangeresultingfromtheantidilutionprovisionsthereof,theSeriesCConversionRate,totheextentinanywayaffectedbyorcomputedusingsuchoptions,warrants,rightsorsecurities,shallberecomputedtoreflectsuchchange,butnofurtheradjustmentshallbemadefortheactualissuanceofCommonUnitsoranypaymentofsuchconsiderationupontheexerciseofanysuchoptions,warrantsorrightsortheconversionorexchangeofsuchsecurities.

iv)Upontheexpirationofanysuchoptions,warrantsorrightswithrespecttoeitherCommonUnitsorsuchconvertibleorexchangeablesecuritiesortheterminationofanysuchrightstoconvertorexchange,theSeriesCConversionRate,totheextentinanywayaffectedbyorcomputedusingsuchoptions,warrants,rightsorsecuritiesshallberecomputedtoreflecttheissuanceofonlythenumberofCommonUnitsactuallyissuedupontheexerciseofsuchoptions,warrantsorrightswithrespecttoCommonUnits,upontheconversionorexchangeofsuchsecurities,orthenumberofCommonUnitsissuableuponconversionorexchangeoftheconvertibleorexchangeablesecuritiesthatwereactuallyissueduponexerciseofoptions,warrantsorrightsrelatedtosuchsecurities.

v)ThenumberofCommonUnitsdeemedissuedandtheconsiderationdeemedpaidthereforpursuanttoSection5.14(b)(viii)(I)(3)i)andii)shallbeappropriatelyadjustedtoreflectanychange,terminationorexpirationofthetypedescribedineitherSection5.14(b)(viii)(I)(3)iii)oriv).

(4)NotwithstandinganyoftheotherprovisionsofthisSection5.14(b)(viii)(I),noadjustmentshallbemadetothenumberofCommonUnitsissuableuponconversionoftheSeriesCPreferredUnitsortheSeriesCConversionRateasaresultofaneventforwhichanadjustmentismadeunderanotherprovisionofthisSection5.14(b)(viii)(I).

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(5)ForpurposesofthisSection5.14(b)(viii),noadjustmenttotheSeriesCConversionRateshallbemadeinanamountlessthan1/100thofonecentperUnit;provided thatanyadjustmentsthatarenotrequiredtobemadebyreasonofthissentenceshallbecarriedforwardandshallbetakenintoaccountinanysubsequentadjustmentmade.

(J)IntheeventofanytakingbythePartnershipofaRecordDateoftheholdersofanyclassofPartnershipInterestsforthepurposeofdeterminingtheholdersthereofwhoareentitledtoreceiveanydistributionthereon,anysecurityorrightconvertibleintoorentitlingtheholderthereoftoreceiveadditionalCommonUnits,oranyrighttosubscribefor,purchaseorotherwiseacquireanyPartnershipInterestsoranyothersecuritiesorpropertyofthePartnership,ortoreceiveanyotherright,thePartnershipshallnotifyeachholderofSeriesCPreferredUnitsatleastfifteen(15)dayspriortotheRecordDate,ofwhichanysuchRecordDateistobetakenforthepurposeofsuchdistribution,securityorrightandtheamountandcharacterofsuchdistribution,securityorright;provided ,however ,thattheforegoingrequirementshallbedeemedsatisfiedwithrespecttoanyholderofSeriesCPreferredUnitsifatleastfifteen(15)dayspriortotheRecordDate,thePartnershipshallhaveissuedapressreleasewhichshallbepostedonthePartnership’swebsiteandcarriedbyoneormorewireservices,containingtherequiredinformation.

(K)ThePartnershipshallpayanyandallissue,documentary,stampandothertaxes,excludinganyincome,franchise,propertyorsimilartaxes,thatmaybepayableinrespectofanyissueordeliveryofSeriesCConversionUnitsonconversionof,orpaymentofdistributionson,SeriesCPreferredUnitspursuanthereto.However ,theholderofanySeriesCPreferredUnitsshallpayanytaxthatisduebecausetheSeriesCConversionUnitsissuableuponconversionthereofordistributionpaymentthereonareissuedinanameotherthansuchSeriesCUnitholder’sname.

(L)ThePartnershipagreesthatitwillactingoodfaithtomakeanyadjustment(s)requiredbythisSection5.14(b)(viii)equitablyandinsuchamannerastoaffordtheSeriesCUnitholdersthebenefitsoftheprovisionshereof,andwillnottakeanyactionthatcouldreasonablybeexpectedtodeprivesuchSeriesCUnitholdersofthebenefithereof.

(ix)Reserved.

(x)Tax Estimates .UponreceiptofawrittenrequestfromanySeriesCUnitholderstatingthenumberofSeriesCPreferredUnitsownedbysuchholder(whichrequestsshallbemadenomorethantwo(2)timespercalendaryearandthefirstsuchrequestpercalendaryearshallbeatthePartnership’sexpense,andthesecondattheexpenseofsuchrequestingholder),thePartnershipshall,withinten(10)days,providesuchSeriesCUnitholderwithagoodfaithestimate(andreasonablesupportingcalculations)ofwhetherthereissufficientUnrealizedGainattributabletothePartnership

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propertysuchthat,ifsuchSeriesCUnitholderconverteditsSeriesCPreferredUnitspursuanttoSection5.14(b)(viii)(A)andsuchUnrealizedGainwasallocatedtosuchholderpursuanttoSection5.5(d)(iii),suchholder’sCapitalAccountinrespectofitsconvertedSeriesCPreferredUnitswouldbeequaltothePerUnitCapitalAmountforathenOutstandingCommonUnit(otherthanaSeriesCConversionUnitreceivedinconnectionwithsuchconversionofaSeriesCPreferredUnit).

(xi)Fully Paid and Nonassessable .AnySeriesCConversionUnit(s)deliveredpursuanttothisSection5.14shallbevalidlyissued,fullypaidandnonassessable(exceptassuchnonassessabilitymaybeaffectedbymattersdescribedinSections17-303,17-607and17-804oftheDelawareAct),freeandclearofanyliens,claims,rightsorencumbrancesotherthanthosearisingundertheDelawareActorthisAgreementorcreatedbytheholdersthereof.

(xii)Listing of Common Units .ThePartnershipwillprocure,atitssoleexpense,thelistingoftheSeriesCConversionUnitsissuableuponconversionoftheSeriesCPreferredUnits,subjecttoissuanceornoticeofissuanceonanyNationalSecuritiesExchangeonwhichtheCommonUnitsarelistedoradmittedtotrading.

(c)Call Right on Series C Convertible Preferred Units .Atanytimewhichshallbenolaterthan10daysorearlierthan30daysbeforeApril24,2017,thePartnershipmayexercisetheright(the“Series C Call Right ”),butshallhavenoobligation,torequiretheholderorholdersoftheSeriesCPreferredUnits(the“Series C Holders ”)tosell,assignandtransferalloraportionofthethenoutstandingSeriesCPreferredUnitstothePartnershipinaccordancewiththisSection5.14(c).ThePartnershipmayexercisetheSeriesCCallRightwithrespecttoanySeriesCPreferredUnitunless:(A)theexerciseoftheSeriesCCallRightwouldresultinadefaultunderanyapplicablefinancingagreements,orotherfinancingobligationsofthePartnershiporanyofitsAffiliates,orwouldotherwisebeprohibitedbyanysecuritiesorotherapplicablelaw,or(B)aSeriesCHolderhasdelivered,onorpriortothedateoftheSeriesCCallExerciseNotice(asdefinedbelow),aSeriesCConversionNoticewithrespecttosuchSeriesCPreferredUnit(andthennoSeriesCCallRightmaybemadeastosuchSeriesCPreferredUnit).

(i)Reserved.

(ii)ThepurchasepricetobepaidbythePartnershipinconnectionwiththeexerciseoftheSeriesCCallRightshallbetheSeriesCAdjustedIssuePrice,plusanySeriesCUnpaidCashDistributionsperSeriesCPreferredUnitacquiredpursuanttotheSeriesCCallRight(subjecttoappropriateadjustmentforanyequitydistribution,subdivisionorcombinationofPartnershipInterests).

(iii)IfthePartnershipelectstoexercisetheSeriesCCallRight,thePartnershipshalldeliverawrittennotice(the“Series C Call ExerciseNotice ”)totheSeriesCHoldersinformingtheSeriesCHoldersofthePartnership’sintentiontoexerciseitsSeriesCCallRight.TheSeriesCCallExerciseNoticeshallincludeacertificateinsubstantiallytheformattachedheretoasAnnex D ,settingforth(A)thenumberofSeriesCPreferredUnitsheldbyeachSeriesCHolder,(B)thenumberofSeriesCPreferredUnitswithrespecttowhichtheSeriesCCallRightisbeingexercised,(C)thebank

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accountinformationforwiretransferofthepurchasepriceoraddressfordeliveryofthepurchasepricebycheck,and(D)theclosingdateforthepurchase(the“Series C Call Closing Date ”),whichshallbenoearlierthan10daysorlaterthan30daysafterthedateoftheSeriesCCallExerciseNotice.IfanySeriesCHolderdoesnotnotifythePartnershipofachangetothebankaccountinformationoraddressfordeliveryofthepurchasepricessetforthinAnnexD priortothedatethatistwodaysbeforetheSeriesCCallClosingDate,thePartnershipshallwireordelivertoeachSeriesCHolderitsportionofthepurchasepriceinimmediatelyavailablefundstosuchbankaccountoraddresssetforthonAnnex D .

(iv)TheSeriesCCallRightmaybeexercisedastoanyportionoftheoutstandingSeriesCPreferredUnitsoutstandingatthetimeaSeriesCCallExerciseNoticeisdelivered,butmustbeexercisedpro-rataastoallSeriesCPreferredUnitssubjecttotheSeriesCCallRight.

(v)AttheclosingoftheSeriesCCallRight,(A)thePartnershipshalldelivertoeachSeriesCHoldersubjecttheretoacertificateexecutedonbehalfofthePartnershipintheformattachedheretoasAnnex E ,and(B)eachsuchSeriesCHoldershalldelivertothePartnershipacertificateexecutedbysuchSeriesCHolderintheformattachedheretoasAnnex F ,thecertificatesrepresentingtheSeriesCPreferredUnitswithtransferpowers,executedinblank,or,ifuncertificated,transferpowersexecutedinblank,andsuchotherdocumentationasmayreasonablyberequestedbythePartnership.

Section5.15EstablishmentofSeriesDPreferredUnits.

(a)General .ThePartnershipherebydesignatesandcreatesaseriesofUnitstobedesignatedas“Series D Preferred Units ”andconsistingofatotalof2,333,333SeriesDPreferredUnits,havingthesamerights,preferencesandprivileges,andsubjecttothesamedutiesandobligations,astheCommonUnits,exceptassetforthinthisSection5.15,Section6.10,andSection12.9.TheSeriesDPreferredUnitsshallbeconsideredparipassuastoallocationsanddistributionswiththeSeriesAPreferredUnits,SeriesCPreferredUnitsandSeriesEPreferredUnits.ImmediatelyfollowingtheSeriesDIssuanceDateandthereafter,noadditionalSeriesDPreferredUnitsshallbedesignated,createdorissuedwithoutthepriorwrittenapprovaloftheGeneralPartnerandtheholdersofamajorityoftheOutstandingSeriesDPreferredUnits.

(b)Rights of Series D Preferred Units .TheSeriesDPreferredUnitsshallhavethefollowingrights,preferencesandprivilegesandshallbesubjecttothefollowingdutiesandobligations:

(i)Allocations .

(A)NotwithstandinganythingtothecontraryinSection6.1(a),(x)followinganyallocationmadepursuanttoSection6.1(a)(i)andpriortoanyallocationmadepursuanttoSection6.1(a)(ii),anyNetIncomeshallbeallocatedtoallUnitholdersholdingSeriesDPreferredUnits,ProRata,untiltheaggregateoftheNetIncomeallocatedtosuchUnitholderspursuanttothisSection

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5.15(b)(i)(A)forthecurrentandallprevioustaxableperiodssinceissuanceoftheSeriesDPreferredUnitsisequaltotheaggregateamountofcashdistributedwithrespecttosuchSeriesDPreferredUnitsforthecurrentandprevioustaxableperiodsand(y)innoeventshallanyNetIncomebeallocatedpursuanttoSection6.1(a)(ii)inrespectofSeriesDPreferredUnits.AllocationstoSeriesDPreferredUnitspursuanttothisSection5.15(b)(i)(A),totheSeriesAPreferredUnitspursuanttoSection5.12(b)(i)(A),totheSeriesCPreferredUnitspursuanttoSection5.14(b)(i)(A)andtotheSeriesEPreferredUnitspursuanttoSection5.16(b)(i)(A)shallbemadeProRata.

(B)NotwithstandinganythingtothecontraryinSection6.1(b),(x)UnitholdersholdingSeriesDPreferredUnitsshallnotreceiveanyallocationpursuanttoSection6.1(b)(i)withrespecttotheirSeriesDPreferredUnits,and(y)followinganyallocationmadepursuanttoSection6.1(b)(i)andpriortoanyallocationmadepursuanttoSection6.1(b)(ii),NetLossesshallbeallocatedtoallUnitholdersholdingSeriesDPreferredUnits,ProRata,untiltheAdjustedCapitalAccountofeachsuchUnitholderinrespectofeachOutstandingSeriesDPreferredUnithasbeenreducedtozero.AllocationstoSeriesDPreferredUnitspursuanttothisSection5.15(b)(i)(B),totheSeriesAPreferredUnitspursuanttoSection5.12(b)(i)(B),totheSeriesCPreferredUnitspursuanttoSection5.14(b)(i)(B)andtotheSeriesEPreferredUnitspursuanttoSection5.16(b)(i)(B)shallbemadeProRata.

(C)NotwithstandinganythingtothecontraryinSection6.1(c)(i),(x)UnitholdersholdingSeriesDPreferredUnitsshallnotreceiveanyallocationpursuanttoSection6.1(c)(i)withrespecttotheirSeriesDPreferredUnits,and(y)followinganyallocationmadepursuanttoSection6.1(c)(i)(A)andpriortoanyallocationmadepursuanttoSection6.1(c)(i)(B),anyremainingNetTerminationGainshallbeallocatedtoallUnitholdersholdingSeriesDPreferredUnits,ProRata,untiltheCapitalAccountinrespectofeachOutstandingSeriesDPreferredUnitisequaltotheSeriesDLiquidationValue.AllocationstoSeriesDPreferredUnitspursuanttothisSection5.15(b)(i)(C),totheSeriesAPreferredUnitspursuanttoSection5.12(b)(i)(C),totheSeriesCPreferredUnitspursuanttoSection5.14(b)(i)(C)andtotheSeriesEPreferredUnitspursuanttoSection5.16(b)(i)(C)shallbemadeProRata.

(D)NotwithstandinganythingtothecontraryinSection6.1(c)(ii),(x)UnitholdersholdingSeriesDPreferredUnitsshallnotreceiveanyallocationpursuanttoSection6.1(c)(ii)withrespecttotheirSeriesDPreferredUnits,and(y)followingtheallocationsmadepursuanttoSection6.1(c)(ii)(C),andpriortoanyallocationmadepursuanttoSection6.1(c)(ii)(D),anyremainingNetTerminationLossshallbeallocatedtoallUnitholdersholdingSeriesDPreferredUnits,ProRata,untiltheAdjustedCapitalAccountinrespectofeachOutstandingSeriesDPreferredUnithasbeenreducedtozero.AllocationstoSeriesDPreferredUnitspursuanttothisSection5.15(b)(i)(D),totheSeriesAPreferredUnitspursuanttoSection5.12(b)(i)(D),totheSeriesCPreferredUnitspursuanttoSection5.16(b)(i)(D)andtotheSeriesEPreferredUnitspursuanttoSection5.16(b)(i)(D)shallbemadeProRata.

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(ii)Distributions .

(A)CommencingwiththeQuarterendingonDecember31,2016,theholdersoftheSeriesDPreferredUnitsOutstandingasofanapplicableRecordDateshallbeentitledtoreceivecumulativedistributions(each,a“Series D Quarterly Distribution ”),priortoanyotherdistributionsmadeinrespectofanyJuniorInterestspursuanttoSection6.4orSection6.5,intheamountsetforthinthisSection5.15(b)(ii)(A)inrespectofeachOutstandingSeriesDPreferredUnit.AllsuchdistributionsshallbepaidQuarterlywithinforty-five(45)daysaftertheendofeachQuarter(eachsuchpaymentdate,a“Series D Distribution Payment Date ”).FortheQuarterendingDecember31,2016,andforeachQuarterthereafterthroughandincludingtheQuarterendingimmediatelypriortotheSeriesDConversionDate,theSeriesDQuarterlyDistributionsshallbepaidentirelyincashattheSeriesDDistributionRateperSeriesDPreferredUnit.IfthePartnershipestablishesaRecordDateforanydistributiontobemadebythePartnershiponotherPartnershipInterestspursuanttoSection6.4orSection6.5,thentheRecordDateestablishedpursuanttothisSection5.15(b)(ii)(A)foraSeriesDQuarterlyDistributioninrespectofanyQuartershallbethesameRecordDateestablishedforanydistributiontobemadebythePartnershipinrespectofdistributionsonotherPartnershipInterestspursuanttoSection6.4orSection6.5forsuchQuarter.

(B)BeginningwiththeQuarterendingDecember31,2016,ifinviolationofthisAgreement,thePartnershipfailstopayinfullanySeriesDQuarterlyDistributionwhendue,then,withoutlimitinganyrightsoftheholdersoftheSeriesDPreferredUnitstocompelthePartnershiptomakesuchdistribution,fromandafterthefirstdateofsuchfailureandcontinuinguntilsuchfailureiscuredbypaymentinfullincashofallarrearageswithrespecttoanySeriesDQuarterlyDistribution,includingaccruedbutunpaidinterestthereon,(w)theamountofsuchunpaiddistributions(“Series D Unpaid Cash Distributions ”)willaccrueandaccumulatefromandincludingthefirstdayoftheQuarterimmediatelyfollowingtheQuarterinrespectofwhichsuchpaymentisdueuntilpaidinfull,(x)anySeriesDUnpaidCashDistributionshallaccrueinterestfromtheapplicableSeriesDDistributionPaymentDateatrateequalto6.00%perannum,and(y)thePartnershipshallnotbepermittedto,andshallnot,declareormake(i)anydistributionsinrespectofanyJuniorInterestsand(ii)anydistributionsinrespectofanySeriesDParitySecurities.

(C)TheaggregateamountofcashtobedistributedinrespectoftheSeriesDPreferredUnitsOutstandingasoftheRecordDateforsuchSeriesDQuarterlyDistributionshallbepaidoutofAvailableCashpriortomakinganydistributionpursuanttoSection6.4orSection6.5.TotheextentthatanyportionofaSeriesDQuarterlyDistributiontobepaidincashwithrespecttoanyQuarter,togetherwithanyportionofaSeriesAQuarterlyDistribution,aSeriesC

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QuarterlyDistributionandaSeriesEQuarterlyDistributiontobepaidincashwithrespecttosuchQuarter,exceedstheamountofAvailableCashforsuchQuarter,anamountofcashequaltotheAvailableCashforsuchQuarterwillbepaidtotheSeriesAUnitholders,theSeriesCUnitholders,theSeriesDUnitholdersandtheSeriesEUnitholdersProRataandthebalanceofsuchSeriesDQuarterlyDistribution(andSeriesAQuarterlyDistribution,SeriesCQuarterlyDistributionandSeriesEQuarterlyDistribution)shallbeunpaidandshallconstituteanarrearageandaccrueinterestassetforthinSection5.15(b)(ii)(B).ThePartnershipshallprovidewrittennoticetotheSeriesDUnitholders,notlaterthanthelastBusinessDayofthemonthimmediatelyfollowingtheendofsuchQuarter,describinginreasonabledetailthePartnership’scalculationofAvailableCashforsuchQuarterandtheportion,ifany,oftheSeriesDQuarterlyDistributionthePartnershipwillbeunabletopayontheapplicableSeriesDDistributionPaymentDate.

(D)NotwithstandinganythinginthisSection5.15(b)(ii)tothecontrary,withrespecttoSeriesDPreferredUnitsthatareconvertedintoCommonUnits,theholderthereofshallnotbeentitledtoaSeriesDPreferredUnitdistributionandaCommonUnitdistributionwithrespecttothesameperiod,butshallbeentitledonlytothedistributiontobepaidbasedupontheclassofUnitsheldasofthecloseofbusinessontheapplicableRecordDate.Fortheavoidanceofdoubt,ifaSeriesDConversionNoticeDateoccurspriortothecloseofbusinessonaRecordDateforpaymentofadistributionontheCommonUnits,theapplicableholderofSeriesDPreferredUnitsshallreceiveonlytheCommonUnitdistributionwithrespecttosuchperiod.

(E)NotwithstandinganythinginArticleVItothecontrary,neithertheGeneralPartnernortheholdersofIncentiveDistributionRightsshallbeentitledtoreceivedistributionsorallocationsofincomeorgainthatcorrespondorrelatetoamountsdistributedorallocatedtoUnitholdersinrespectofSeriesDPreferredUnits,regardlessofwhethertheamountssodistributedorallocatedinrespectoftheSeriesDPreferredUnitsweredeterminedunderclause(ii)ofthedefinitionof“SeriesDDistributionRate”orwereotherwisedeterminedonan“asconverted”basis.

(iii)Issuance of Series D Preferred Units and Series D Warrant .TheSeriesDPreferredUnitsshallbeissuedbythePartnershippursuanttothetermsandconditionsoftheSeriesDUnitPurchaseAgreement.If,ontheSeriesDWarrantStartDate,anySeriesDPreferredUnitsremainoutstanding,thePartnershipshallissuepromptlythereaftertheSeriesDWarranttotheRecordHoldersoftheSeriesDPreferredUnits(inproportiontotheirrelativenumberofSeriesDPreferredUnits)asoftheSeriesDWarrantStartDate.

(iv)Liquidation Value .Intheeventofanyliquidation,dissolutionandwindingupofthePartnershipunderSection12.4orasale,exchangeorotherdispositionofallorsubstantiallyalloftheassetsofthePartnership,eithervoluntaryorinvoluntary,theRecordHoldersoftheSeriesDPreferredUnitsshallbeentitledtoreceive,outofthe

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assetsofthePartnershipavailablefordistributiontothePartnersoranyassignees,priorandinpreferencetoanydistributionofanyassetsofthePartnershiptotheRecordHoldersofanyotherclassorseriesofPartnershipInterests(otherthanSeriesAPreferredUnits,SeriesCPreferredUnitsorSeriesEPreferredUnitsastowhichtheSeriesDPreferredUnitsareparipassu),thepositivevalueineachsuchholder’sCapitalAccountinrespectofsuchSeriesDPreferredUnits.Ifintheyearofsuchliquidationandwindingup,orsale,exchangeorotherdispositionofallorsubstantiallyalloftheassetsofthePartnership,anysuchRecordHolder’sCapitalAccountinrespectofsuchSeriesDPreferredUnitsislessthantheaggregateSeriesDLiquidationValueofsuchSeriesDPreferredUnits,thennotwithstandinganythingtothecontrarycontainedinthisAgreement,andpriortoanyotherallocationpursuanttothisAgreementforsuchyearandpriortoanydistributionpursuanttotheprecedingsentence,itemsofgrossincomeandgainshallbeallocatedtoallUnitholdersthenholdingSeriesDPreferredUnits,ProRata,untiltheCapitalAccountinrespectofeachOutstandingSeriesDPreferredUnitisequaltotheSeriesDLiquidationValue(andnootherallocationpursuanttothisAgreementshallreversetheeffectofsuchallocation),withsuchallocationbeingmadeProRatawithanyallocationmadepursuanttothesecondsentencesofSection5.12(b)(iv),Section5.14(b)(iv)andSection5.16(b)(iv).Ifintheyearofsuchliquidation,dissolutionorwindingupanysuchRecordHolder’sCapitalAccountinrespectofsuchSeriesDPreferredUnitsislessthantheaggregateSeriesDLiquidationValueofsuchSeriesDPreferredUnitsaftertheapplicationoftheprecedingsentence,thentotheextentpermittedbyapplicablelawandnotwithstandinganythingtothecontrarycontainedinthisAgreement,itemsofgrossincomeandgainforanyprecedingtaxableperiod(s)withrespecttowhichIRSForm1065SchedulesK-1havenotbeenfiledbythePartnershipshallbereallocatedtoallUnitholdersthenholdingSeriesDPreferredUnits,ProRata,untiltheCapitalAccountinrespectofeachsuchOutstandingSeriesDPreferredUnitaftermakingallocationspursuanttothisandtheimmediatelyprecedingsentenceisequaltotheSeriesDLiquidationValue(andnootherallocationpursuanttothisAgreementshallreversetheeffectofsuchallocation),withsuchallocationbeingmadeProRatawithanyallocationmadepursuanttothethirdsentencesofSection5.12(b)(iv),Section5.14(b)(iv)andSection5.16(b)(iv).AtsuchtimeassuchallocationshavebeenmadetotheOutstandingSeriesDPreferredUnits,anyremainingNetTerminationGainorNetTerminationLossshallbeallocatedtothePartnerspursuanttoSection6.1(c)orSection6.1(d),asthecasemaybe.AtthetimeofthedissolutionofthePartnership,subjecttoSection17-804oftheDelawareAct,theRecordHoldersoftheSeriesDPreferredUnitsshallbecomeentitledtoreceiveanydistributionsinrespectoftheSeriesDPreferredUnitsthatareaccruedandunpaidasofthedateofsuchdistributioninpriorityoveranyentitlementofanyotherPartnersorAssigneeswithrespecttoanydistributionsbythePartnershiptosuchotherPartnersorAssignees(otherthanSeriesAPreferredUnits,SeriesCPreferredUnitsandSeriesEPreferredUnitsastowhichtheSeriesDPreferredUnitsareparipassu);provided ,however ,thattheGeneralPartner,assuch,willhavenoliabilityforanyobligationswithrespecttosuchdistributionstoanyRecordHolder(s)ofSeriesDPreferredUnits.

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(v)Voting Rights .

(A)ExceptasprovidedinSection5.15(b)(v)(B)below,theOutstandingSeriesDPreferredUnitsshallhavevotingrightsthatareidenticaltothevotingrightsoftheCommonUnitsandshallvotewiththeCommonUnitsasasingleclass,sothateachOutstandingSeriesDPreferredUnitwillbeentitledtoonevoteforeachCommonUnitintowhichsuchSeriesDPreferredUnitisthenconvertibleoneachmatterwithrespecttowhicheachCommonUnitisentitledtovote.EachreferenceinthisAgreementtoavoteofRecordHoldersofCommonUnitsshallbedeemedtobeareferencetotheholdersofCommonUnits,SeriesAPreferredUnits,SeriesBUnits,SeriesCPreferredUnits,SeriesDPreferredUnitsandSeriesEPreferredUnitsonan“asif”convertedbasis,andthedefinitionof“UnitMajority”shallcorrespondinglybeconstruedtomeanatleastamajorityoftheCommonUnits,theSeriesAPreferredUnits,theSeriesBUnits,theSeriesCPreferredUnits,SeriesDPreferredUnitsandSeriesEPreferredUnits,onan“asif”convertedbasis,votingtogetherasasingleclassduringanyperiodinwhichanySeriesDPreferredUnitsareOutstanding.

(B)NotwithstandinganyotherprovisionofthisAgreement,inadditiontoallotherrequirementsimposedbyDelawarelaw,andallothervotingrightsgrantedunderthisAgreement,theaffirmativevoteoftheRecordHoldersofamajorityoftheOutstandingSeriesDPreferredUnits,votingseparatelyasaclassbasedupononevoteperSeriesDPreferredUnit,shallbenecessaryonanymatter(includingamerger,consolidationorbusinesscombination)thatadverselyaffectsanyoftherights,preferencesandprivilegesoftheSeriesDPreferredUnitsoramendsormodifiesanyofthetermsoftheSeriesDPreferredUnits;providedthatthePartnershipshallbeabletoamendthisSection5.15withouttheapprovalbytheRecordHoldersofOutstandingSeriesDPreferredUnitssolongastheamendmentdoesnotadverselyaffecttheholdersoftheSeriesDPreferredUnitsinanymaterialrespectanddoesnotaffecttheholdersoftheSeriesDPreferredUnitsdisproportionatelyinrelationtotheholdersofCommonUnits;provided ,however ,thatthePartnershipmay,withouttheconsentorapprovaloftheRecordHoldersofOutstandingSeriesDPreferredUnits,create(byreclassificationorotherwise)andissueJuniorInterests(includingbyamendingtheprovisionsofanyexistingclassofPartnershipIntereststomakesuchclassofPartnershipInterestsaclassofJuniorInterests)inanunlimitedamount.Withoutlimitingthegeneralityoftheprecedingsentence,anyactionshallbedeemedtoadverselyaffecttheholdersoftheSeriesDPreferredUnitsinamaterialrespectifsuchactionwould:

(1)reducetheSeriesDDistributionRate,changetheformofpaymentofdistributionsontheSeriesDPreferredUnits,deferthedatefromwhichdistributionsontheSeriesDPreferredUnitswillaccrue,cancelaccruedandunpaiddistributionsontheSeriesDPreferredUnitsoranyinterestaccruedthereon,orchangetheseniorityrightsoftheSeriesDUnitholdersastothepaymentofdistributionsinrelationtotheUnitholdersofanyotherclassorseriesofUnitsor,exceptasdeterminedtobeappropriateinconnectionwiththeissuanceofJuniorInterests,amendthisSection5.15;

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(2)reducetheamountpayableorchangetheformofpaymenttotheholdersoftheSeriesDPreferredUnitsuponthevoluntaryorinvoluntaryliquidation,dissolutionorwindingup,orsaleofallorsubstantiallyalloftheassets,ofthePartnership,orchangetheseniorityoftheliquidationpreferencesoftheholdersoftheSeriesDPreferredUnitsinrelationtotherightsuponliquidationoftheholdersofanyotherclassorseriesofUnits;or


(vi)No Series D Parity Securities or Series D Senior Securities .ThePartnershipshallnot,withouttheaffirmativevoteoftheholdersofamajorityoftheOutstandingSeriesDPreferredUnits,issueanySeriesDParitySecuritiesorSeriesDSeniorSecurities.

(vii)Certificates .

(A)TheSeriesDPreferredUnitsshallbeevidencedbyCertificatesinsuchformastheGeneralPartnermayapproveand,subjecttothesatisfactionofanyapplicablelegal,regulatoryandcontractualrequirements,maybeassignedortransferredinamanneridenticaltotheassignmentandtransferofotherUnits;unlessanduntiltheGeneralPartnerdeterminestoassigntheresponsibilitytoanotherPerson,thePartnershipwillactastheregistrarandtransferagentfortheSeriesDPreferredUnits.TheCertificatesevidencingSeriesDPreferredUnitsshallbeseparatelyidentifiedandshallnotbearthesameCUSIPnumberastheCertificatesevidencingCommonUnits.

(B)Thecertificate(s)representingtheSeriesDPreferredUnitsmaybeimprintedwithalegendinsubstantiallythefollowingform(but,ifoutstandingasofthedateofthisAgreement,mayrefertotheFifthA/RPartnershipAgreement):


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(viii)Conversion .

(A)At the Option of the Series D Unitholder .AtanytimeandfromtimetotimeaftertheSeriesDOptionalConversionStartDate,subjecttoanyapplicablelimitationsintheNewCreditAgreementandsubjecttonoSeriesDCallExerciseNoticehavingbeengiven,theSeriesDPreferredUnitsownedbyanySeriesDUnitholdershallbeconvertible,inwholeorinpart,upontherequestoftheSeriesDUnitholderintoanumberofCommonUnitsdeterminedbymultiplyingthenumberofSeriesDPreferredUnitstobeconvertedbytheSeriesDConversionRate.ImmediatelyuponanyconversionofSeriesDPreferredUnits,allrightsoftheSeriesDConvertingUnitholderinrespectthereofshallcease,including,withoutlimitation,anyaccrualofdistributions,andsuchSeriesDConvertingUnitholdershallbetreatedforallpurposesastheownerofCommonUnits.FractionalCommonUnitsshallnotbeissuedtoanypersonpursuanttothisSection5.15(b)(viii)(A)(eachfractionalCommonUnitshallberoundedtothenearestwholeCommonUnit(anda0.5CommonUnitshallberoundeduptothenexthigherCommonUnit)).

(B)Conversion Notice .ToconvertSeriesDPreferredUnitsintoCommonUnitspursuanttoSection5.15(b)(viii)(A),theSeriesDUnitholdershallgivewrittennotice(a“Series D Conversion Notice ”)tothePartnershipintheformofExhibitEattachedheretostatingthatsuchSeriesDUnitholderelectstosoconvertSeriesDPreferredUnitsandshallstatethereinwithrespecttoSeriesDPreferredUnitstobeconvertedpursuanttoSection5.15(b)(viii)(A)thefollowing:(a)thenumberofSeriesDPreferredUnitstobeconverted,(b)theCertificate(s)evidencingtheSeriesDPreferredUnitstobeconvertedanddulyendorsed,(c)thenameornamesinwhichsuchSeriesDUnitholderwishestheCertificateorCertificatesforSeriesDConversionUnitstobeissued,and(d)theSeriesDUnitholder’scomputationofthenumberofSeriesDConversionUnitstobereceivedbysuchSeriesDUnitholder(ordesignatedrecipient(s))upontheSeriesDConversionDate.ThedateanySeriesDConversionNoticeisreceivedbythePartnershipshallbehereinafterbereferredtoasa“Series D Conversion Notice Date. ”

(C)Timing; Certificates .IfaSeriesDConversionNoticeisdeliveredbyaSeriesDUnitholdertothePartnership,inaccordancewithSection5.15(b)(viii)(B),thePartnershipshallissuetheSeriesDConversionUnitsnolaterthanseven(7)daysafteraSeriesDConversionNoticeDate(anydateofissuanceofsuchCommonUnits,a“Series D Conversion Date ”).OntheSeriesDConversionDate,thePartnershipshallissuetosuchSeriesDUnitholder(ordesignatedrecipient(s))aCertificateorCertificatesforthenumberofSeriesDConversionUnitstowhichsuchholdershallbeentitled.InlieuofdeliveringphysicalCertificatesrepresentingtheSeriesDConversionUnitsissuableuponconversionofSeriesDPreferredUnits,providedtheTransferAgentis

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participatingintheDepository’sFastAutomatedSecuritiesTransferprogram,uponrequestoftheSeriesDUnitholder,thePartnershipshalluseitscommerciallyreasonableeffortstocauseitsTransferAgenttoelectronicallytransmittheSeriesDConversionUnitsissuableuponconversionordistributionpaymenttosuchSeriesDUnitholder(ordesignatedrecipient(s)),bycreditingtheaccountoftheSeriesDUnitholder(ordesignatedrecipient(s))primebrokerwiththeDepositorythroughitsDepositWithdrawalAgentCommissionsystem.ThepartiesagreetocoordinatewiththeDepositorytoaccomplishthisobjective.UponissuanceofSeriesDConversionUnitstotheSeriesDConvertingUnitholder,allrightsundertheconvertedSeriesDPreferredUnitsshallcease,andsuchSeriesDConvertingUnitholdershallbetreatedforallpurposesastheRecordHolderofsuchSeriesDConversionUnits.

(D)Distributions, Combinations, Subdivisions and Reclassifications by the Partnership .IfthePartnership(i)makesadistributiononitsCommonUnitsinCommonUnits,(ii)subdividesorsplitsitsoutstandingCommonUnitsintoagreaternumberofCommonUnits,(iii)combinesorreclassifiesitsCommonUnitsintoasmallernumberofCommonUnits,or(iv)issuesbyreclassificationofitsCommonUnitsanyPartnershipInterests(includinganyreclassificationinconnectionwithamerger,consolidationorbusinesscombinationinwhichthePartnershipisthesurvivingPerson),thentheSeriesDConversionRateineffectatthetimeoftheRecordDateforsuchdistributionortheeffectivedateofsuchsubdivision,split,combination,orreclassificationshallbeproportionatelyadjustedsothattheconversionoftheSeriesDPreferredUnitsaftersuchtimeshallentitleeachSeriesDUnitholdertoreceivetheaggregatenumberofCommonUnits(oranyPartnershipInterestsintowhichsuchCommonUnitswouldhavebeencombined,consolidated,mergedorreclassifiedpursuanttoclauses(iii)and(iv)above)thatsuchSeriesDUnitholderwouldhavebeenentitledtoreceiveiftheSeriesDPreferredUnitshadbeenconvertedintoCommonUnitsimmediatelypriortosuchRecordDateoreffectivedate,asthecasemaybe,andinthecaseofamerger,consolidationorbusinesscombinationinwhichthePartnershipisthesurvivingPerson,thePartnershipshallprovideeffectiveprovisionstoensurethattheprovisionsinthisSection5.15relatingtotheSeriesDPreferredUnitsshallnotbeabridgedoramendedandthattheSeriesDPreferredUnitsshallthereafterretainthesamepowers,preferencesandrelativeparticipating,optionalandotherspecialrights,andthequalifications,limitationsandrestrictionsthereon,thattheSeriesDPreferredUnitshadimmediatelypriortosuchtransactionorevent.AnadjustmentmadepursuanttothisSection5.15(b)(viii)(D)shallbecomeeffectiveimmediatelyaftertheRecordDateinthecaseofadistributionandshallbecomeeffectiveimmediatelyaftertheeffectivedateinthecaseofasubdivision,combination,reclassification(includinganyreclassificationinconnectionwithamerger,consolidationorbusinesscombinationinwhichthePartnershipisthesurvivingPerson)orsplit.Suchadjustmentshallbemadesuccessivelywheneveranyeventdescribedaboveshalloccur.

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If,inthefuture,thePartnershipissuesanyConvertibleSecurities,theGeneralPartnershall,atthedirectionandattheoptionoftheholdersofamajorityoftheOutstandingSeriesDPreferredUnitsintheirsolediscretion,either(i)amendtheprovisionsofthisAgreementrelatingtoantidilutionprotectionto(A)reviseanysuchprovisionthatislessfavorablethanthecorrespondingprovisionofferedinthetermsofsuchConvertibleSecurities(oranyrelatedpurchaseagreement)sothatsuchprovisionisthesameassuchprovisionofferedinthetermsofsuchConvertibleSecurities(oranyrelatedpurchaseagreement)and(B)incorporateanyprovision(s)offeredinthetermsofsuchConvertibleSecurities(oranyrelatedpurchaseagreement)thatisnotcurrentlyprovidedforinthisAgreementandwhichwouldmaketheantidilutionprotectionprovisionsofthisAgreementmorefavorabletotheholdersofSeriesDPreferredUnits,whichamendmentshallbeeffectiveconcurrentlywiththeissuanceand/orexecutionofdocumentationrelatingtosuchConvertibleSecurities,or(ii)retaintheantidilutionlanguageapplicabletotheSeriesDPreferredUnitsatsuchtime.ThePartnershipagreestoprovideasmuchpriornoticeoftheproposedissuanceofanysuchConvertibleSecuritiesand/orexecutionofdocumentationrelatingtosuchissuanceofConvertibleSecuritiesasisreasonablypracticable(andinanyevent,suchnoticeshallbeprovidedatleastten(10)BusinessDayspriortosuchissuanceand/orexecution).

(E)Follow-On Adjustments .ExceptinconnectionwiththeexerciseofaWarrant,ifthePartnershipshallissueorsellorgrantanyFollow-onUnitsataFollow-onPricethatislessthanonehundredpercent(100%)oftheSeriesDAdjustedIssuePrice,thentheSeriesDConversionRatewillberesetsothatitwillequalthenumberdeterminedbydividingtheSeriesDAdjustedIssuePriceimmediatelybeforetheissuanceoftheFollow-OnUnitsbytheresultachievedthroughapplicationofthefollowingformula:

((CPxOB)+(FPxQ))/OA

Where:

CP=theSeriesDAdjustedIssuePriceineffectimmediatelybeforetheissuanceoftheFollow-OnUnits




OA=thetotalnumberoffullydilutedCommonUnitsoutstandingaftergivingeffecttotheissuanceoftheFollow-OnUnits.

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(F)Other Extraordinary Transactions Affecting the Partnership .

(1)PriortotheconsummationofaPartnershipEvent,thePartnershipshall,aspromptlyaspracticable,butinanyeventnolaterthantwelve(12)BusinessDayspriortotheconsummationofthePartnershipEvent,makeanirrevocablewrittenoffer(a“Series DPartnership Event Change of Control Offer ”),subjecttoconsummationofthePartnershipEvent,toeachholderofSeriesDPreferredUnitstoredeemall(butnotlessthanall)ofsuchholder’sSeriesDPreferredUnitsforapriceperSeriesDPreferredUnitpayableincashequaltothegreaterof(x)thesumoftheSeriesDIssuePriceandtheSeriesDUnpaidCashDistributionsand(y)anamountequaltotheproductof(1)thenumberofCommonUnitsintowhicheachSeriesDPreferredUnitisconvertiblepursuanttoSection5.15(b)(viii)onthedayimmediatelypriortothedateoftheSeriesDPartnershipEventChangeofControlOfferand(2)thesumof(A)thecashconsiderationperCommonUnittobepaidtotheholdersofCommonUnitspursuanttothePartnershipEventplus(B)thefairmarketvalueperCommonUnitofthesecuritiesorotherassetstobedistributedtotheholdersoftheCommonUnitspursuanttothePartnershipEvent(asapplicable,the“Series D Partnership Event Payment ”).

(2)UponreceiptbyaSeriesDUnitholderofaSeriesDPartnershipEventChangeofControlOffer,suchSeriesDUnitholdermayelect,bywrittennoticereceivedbythePartnershipnolaterthanfive(5)BusinessDaysafterthereceiptbysuchholderofaSeriesDPartnershipEventChangeofControlOffer,toreceiveSeriesDSurvivorPreferredSecurities(asdefinedbelow)pursuanttothisSection5.15(b)(viii)(F)(2)inlieuofaSeriesDPartnershipEventPayment.UponreceiptofsuchSeriesDUnitholder’selectiontoreceiveSeriesDSurvivorPreferredSecurities,thePartnershipshallaspromptlyaspracticable,butinanyeventpriortotheconsummationofanyPartnershipEvent,makeappropriateprovisiontoensurethatsuchelectingholdersofSeriesDPreferredUnitsreceiveinsuchPartnershipEventapreferredsecurity,issuedbythePersonsurvivingorresultingfromsuchPartnershipEventandcontainingprovisionssubstantiallyequivalenttotheprovisionssetforthinthisAgreementwithrespecttotheSeriesDPreferredUnits,includingSection5.15andSection7.3hereof,withoutmaterialabridgement,including,withoutlimitation,thesamepowers,preferences,rightstodistributions,rightstoaccumulationandcompoundinguponfailuretopaydistributions,andrelativeparticipating,optionalorotherspecialrightsandthequalifications,limitationsorrestrictionsthereon,thattheSeriesDPreferredUnithadimmediatelypriortosuchPartnershipEvent(the

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“Series D Survivor Preferred Security ”).TheSeriesDConversionRateineffectatthetimeoftheeffectivedateofsuchPartnershipEventshallbeproportionatelyadjustedsothattheconversionofaunitofSeriesDSurvivorPreferredSecurityaftersuchtimeshallentitletheholdertothenumberofsecuritiesoramountofcashorotherassetswhich,ifaSeriesDPreferredUnithadbeenconvertedintoCommonUnitsimmediatelypriortosuchPartnershipEvent,suchholderwouldhavebeenentitledtoreceiveimmediatelyfollowingsuchPartnershipEvent.SubsequentadjustmentstotheSeriesDConversionRateoftheSeriesDSurvivorPreferredSecurityshallbemadesuccessivelythereafterwheneveranyeventdescribedinSection5.15(b)(viii)(D),Section5.15(b)(viii)(E)orthisSection5.15(b)(viii)(F)shalloccur.Notwithstandingtheforegoing,thePartnershipmayconsummateaPartnershipEventwithoutmakingappropriateprovisiontoensurethattheholdersofSeriesDPreferredUnitsreceiveaSeriesDPartnershipEventPaymentorSeriesDSurvivorPreferredSecurity,asapplicable,withrespecttosuchPartnershipEventifpriortosuchconsummationthePartnershiphasreceivedthepriorwrittenapprovaloftheholdersofamajorityoftheOutstandingSeriesDPreferredUnits.

(3)ASeriesDPartnershipEventChangeofControlOffershallbemailedtoeachSeriesDUnitholderandshalldescribethetransactionortransactionsthatconstitutethePartnershipEventandstate:

i)thattheSeriesDPartnershipEventChangeofControlOfferisbeingmadepursuanttothisSection5.15(b)(viii)(F)andthatthePartnershipismakinganoffertoredeemallSeriesDPreferredUnitsofsuchUnitholder(subjecttotheconsummationofthePartnershipEvent);

ii)theamountoftheSeriesDPartnershipEventPaymentandtheredemptiondate,whichshallbethedateonwhichthePartnershipEventisconsummatedorassoonthereafteraspracticable(the“Series D Partnership Event Payment Date ”);and


OntheSeriesDPartnershipEventPaymentDate,thePartnership(oritssuccessor)shallpaytoeachUnitholderofSeriesDPreferredUnitsthatacceptstheSeriesDPartnershipEventChangeofControlOfferanamountincashequaltosuchholder’sapplicableSeriesDPartnershipEventPayment,andallofsuchholder’srightsandprivilegesundertheSeriesDPreferredUnitsorasaSeriesDUnitholdershallbeextinguished.

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(G)NotwithstandinganyoftheotherprovisionsofthisSection5.15(b)(viii),noadjustmentshallbemadetotheSeriesDConversionRatepursuanttoSection5.15(b)(viii)(D)-(F)asaresultofanyofthefollowing:






(2)Inthecaseoftheissuanceorsale(ordeemedissuanceorsale)ofCommonUnitsforconsiderationinwholeorinpartotherthancash,theconsiderationotherthancashshallbevaluedattheAgreedValuethereof.

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i)TheaggregatemaximumnumberofCommonUnitsdeliverableuponexercise(assumingthesatisfactionofanyconditionstoexercisability,including,withoutlimitation,thepassageoftime,butwithouttakingintoaccountpotentialantidilutionadjustments)ofoptionsorwarrantstopurchaseorrightstosubscribeforCommonUnitsshallbedeemedtohavebeenissuedatthetimesuchoptions,warrantsorrightswereissuedandforconsiderationequaltotheconsideration(determinedinthemannerprovidedinthisSection5.15(b)(viii)(H)),ifany,receivedbythePartnershipupontheissuanceofsuchoptions,warrantsorrightsplustheminimumexercisepriceprovidedinsuchoptions,warrantsorrights(withouttakingintoaccountpotentialantidilutionadjustments)fortheCommonUnitscoveredthereby.

ii)TheaggregatemaximumnumberofCommonUnitsdeliverableuponconversionoforinexchange(assumingthesatisfactionofanyconditionstoconvertibilityorexchangeability,including,withoutlimitation,thepassageoftime,butwithouttakingintoaccountpotentialantidilutionadjustments)foranysuchconvertibleorexchangeablesecuritiesorupontheexerciseofoptionsorwarrantstopurchaseorrightstosubscribeforsuchconvertibleorexchangeablesecuritiesandsubsequentconversionorexchangethereofshallbedeemedtohavebeenissuedatthetimesuchsecuritieswereissuedorsuchoptions,warrantsorrightswereissuedandforaconsiderationequaltotheconsideration,ifany,receivedbythePartnershipforanysuchsecuritiesoroptions,warrantsorrights,plustheminimumadditionalconsideration,ifany,tobereceivedbythePartnership(withouttakingintoaccountpotentialantidilutionadjustments)upontheconversionorexchangeofsuchsecuritiesorupontheexerciseofsuchoptions,warrantsorrightsandsubsequentconversionorexchangeoftheunderlyingconvertibleorexchangeablesecurities,asappropriate(theconsiderationineachcasetobedeterminedinthemannerprovidedinthisSection5.15(b)(viii)).

iii)Intheeventofanychangein(x)thenumberofCommonUnitsdeliverableor(y)theconsiderationpayabletothePartnershipuponexerciseofsuchoptions,warrantsorrightswithrespecttoeitherCommonUnitsorsuchconvertibleorexchangeablesecuritiesoruponconversionoforinexchangeforsuchconvertibleorexchangeablesecuritiesandnototherwiseentitledtoanyappropriateantidilutionadjustmentpursuanttothisSection5.15,including,butnotlimitedto,achangeresultingfrom

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theantidilutionprovisionsthereof,theSeriesDConversionRate,totheextentinanywayaffectedbyorcomputedusingsuchoptions,warrants,rightsorsecurities,shallberecomputedtoreflectsuchchange,butnofurtheradjustmentshallbemadefortheactualissuanceofCommonUnitsoranypaymentofsuchconsiderationupontheexerciseofanysuchoptions,warrantsorrightsortheconversionorexchangeofsuchsecurities.

iv)Upontheexpirationofanysuchoptions,warrantsorrightswithrespecttoeitherCommonUnitsorsuchconvertibleorexchangeablesecuritiesortheterminationofanysuchrightstoconvertorexchange,theSeriesDConversionRate,totheextentinanywayaffectedbyorcomputedusingsuchoptions,warrants,rightsorsecuritiesshallberecomputedtoreflecttheissuanceofonlythenumberofCommonUnitsactuallyissuedupontheexerciseofsuchoptions,warrantsorrightswithrespecttoCommonUnits,upontheconversionorexchangeofsuchsecurities,orthenumberofCommonUnitsissuableuponconversionorexchangeoftheconvertibleorexchangeablesecuritiesthatwereactuallyissueduponexerciseofoptions,warrantsorrightsrelatedtosuchsecurities.

v)ThenumberofCommonUnitsdeemedissuedandtheconsiderationdeemedpaidthereforpursuanttoSection5.15(b)(viii)(H)(3)i)andii)shallbeappropriatelyadjustedtoreflectanychange,terminationorexpirationofthetypedescribedineitherSection5.15(b)(viii)(H)(3)iii)oriv).

(4)NotwithstandinganyoftheotherprovisionsofthisSection5.15(b)(viii)(H),noadjustmentshallbemadetothenumberofCommonUnitsissuableuponconversionoftheSeriesDPreferredUnitsortheSeriesDConversionRateasaresultofaneventforwhichanadjustmentismadeunderanotherprovisionofthisSection5.15(b)(viii)(H).

(5)ForpurposesofthisSection5.15(b)(viii),noadjustmenttotheSeriesDConversionRateshallbemadeinanamountlessthan1/100thofonecentperUnit;provided thatanyadjustmentsthatarenotrequiredtobemadebyreasonofthissentenceshallbecarriedforwardandshallbetakenintoaccountinanysubsequentadjustmentmade.

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(I)IntheeventofanytakingbythePartnershipofaRecordDateoftheholdersofanyclassofPartnershipInterestsforthepurposeofdeterminingtheholdersthereofwhoareentitledtoreceiveanydistributionthereon,anysecurityorrightconvertibleintoorentitlingtheholderthereoftoreceiveadditionalCommonUnits,oranyrighttosubscribefor,purchaseorotherwiseacquireanyPartnershipInterestsoranyothersecuritiesorpropertyofthePartnership,ortoreceiveanyotherright,thePartnershipshallnotifyeachholderofSeriesDPreferredUnitsatleastfifteen(15)dayspriortotheRecordDate,ofwhichanysuchRecordDateistobetakenforthepurposeofsuchdistribution,securityorrightandtheamountandcharacterofsuchdistribution,securityorright;provided ,however ,thattheforegoingrequirementshallbedeemedsatisfiedwithrespecttoanyholderofSeriesDPreferredUnitsifatleastfifteen(15)dayspriortotheRecordDate,thePartnershipshallhaveissuedapressreleasewhichshallbepostedonthePartnership’swebsiteandcarriedbyoneormorewireservices,containingtherequiredinformation.

(J)ThePartnershipshallpayanyandallissue,documentary,stampandothertaxes,excludinganyincome,franchise,propertyorsimilartaxes,thatmaybepayableinrespectofanyissueordeliveryofSeriesDConversionUnitsonconversionof,orpaymentofdistributionson,SeriesDPreferredUnitspursuanthereto.However ,theholderofanySeriesDPreferredUnitsshallpayanytaxthatisduebecausetheSeriesDConversionUnitsissuableuponconversionthereofordistributionpaymentthereonareissuedinanameotherthansuchSeriesDUnitholder’sname.

(K)ThePartnershipagreesthatitwillactingoodfaithtomakeanyadjustment(s)requiredbythisSection5.15(b)(viii)equitablyandinsuchamannerastoaffordtheSeriesDUnitholdersthebenefitsoftheprovisionshereof,andwillnottakeanyactionthatcouldreasonablybeexpectedtodeprivesuchSeriesDUnitholdersofthebenefithereof.

(ix)Reserved.

(x)Tax Estimates .UponreceiptofawrittenrequestfromanySeriesDUnitholderstatingthenumberofSeriesDPreferredUnitsownedbysuchholder(whichrequestsshallbemadenomorethantwo(2)timespercalendaryearandthefirstsuchrequestpercalendaryearshallbeatthePartnership’sexpense,andthesecondattheexpenseofsuchrequestingholder),thePartnershipshall,withinten(10)days,providesuchSeriesDUnitholderwithagoodfaithestimate(andreasonablesupportingcalculations)ofwhetherthereissufficientUnrealizedGainattributabletothePartnershippropertysuchthat,ifsuchSeriesDUnitholderconverteditsSeriesDPreferredUnitspursuanttoSection5.15(b)(viii)(A)andsuchUnrealizedGainwasallocatedtosuchholderpursuanttoSection5.5(d)(iii),suchholder’sCapitalAccountinrespectofitsconvertedSeriesDPreferredUnitswouldbeequaltothePerUnitCapitalAmountforathenOutstandingCommonUnit(otherthanaSeriesDConversionUnitreceivedinconnectionwithsuchconversionofaSeriesDPreferredUnit).

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(xi)Fully Paid and Nonassessable .AnySeriesDConversionUnit(s)deliveredpursuanttothisSection5.15shallbevalidlyissued,fullypaidandnonassessable(exceptassuchnonassessabilitymaybeaffectedbymattersdescribedinSections17-303,17-607and17-804oftheDelawareAct),freeandclearofanyliens,claims,rightsorencumbrancesotherthanthosearisingundertheDelawareActorthisAgreementorcreatedbytheholdersthereof.

(xii)Listing of Common Units .ThePartnershipwillprocure,atitssoleexpense,thelistingoftheSeriesDConversionUnitsissuableuponconversionoftheSeriesDPreferredUnits,subjecttoissuanceornoticeofissuanceonanyNationalSecuritiesExchangeonwhichtheCommonUnitsarelistedoradmittedtotrading.

(c)Call Right on Series D Preferred Units .AtanytimepriortotheSeriesDWarrantStartDate,thePartnershipmayexercisetheright(the“SeriesD Call Right ”),butshallhavenoobligation,torequiretheholderorholdersoftheSeriesDPreferredUnits(the“Series D Holders ”)tosell,assignandtransferalloraportionofthethenoutstandingSeriesDPreferredUnitstothePartnershipinaccordancewiththisSection5.15(c).ThePartnershipmayexercisetheSeriesDCallRightwithrespecttoanySeriesDPreferredUnitunlesstheexerciseoftheSeriesDCallRightwouldresultinadefaultunderanyapplicablefinancingagreements,orotherfinancingobligationsofthePartnershiporanyofitsAffiliates,orwouldotherwisebeprohibitedbyanysecuritiesorotherapplicablelaw.

(i)Reserved.

(ii)ThepurchasepricetobepaidbythePartnershipinconnectionwiththeexerciseoftheSeriesDCallRightshallbetheproductof(A)theSeriesDCallValueperSeriesDPreferredUnittobeacquiredpursuanttotheSeriesDCallRight(subjecttoappropriateadjustmentforanyequitydistribution,subdivisionorcombinationofPartnershipInterests),multipliedby(B)1.03.

(iii)IfthePartnershipelectstoexercisetheSeriesDCallRight,thePartnershipshalldeliverawrittennotice(the“Series D Call ExerciseNotice ”)totheSeriesDHoldersinformingtheSeriesDHoldersofthePartnership’sintentiontoexerciseitsSeriesDCallRight.TheSeriesDCallExerciseNoticeshallbeinsubstantiallytheformattachedheretoasExhibitF,settingforth(A)thenumberofSeriesDPreferredUnitsheldbyeachSeriesDHolder,(B)thenumberofSeriesDPreferredUnitswithrespecttowhichtheSeriesDCallRightisbeingexercised,and(C)theaddressonthebooksandrecordsofthePartnershiptobeusedfordeliveryofthepurchasepricebycheck,and(D)theclosingdateforthepurchase(the“Series D Call Closing Date”),whichshallbenoearlierthan10daysorlaterthan30daysafterthedateoftheSeriesDCallExerciseNotice.

(iv)TheSeriesDCallRightmaybeexercisedastoanyportionoftheoutstandingSeriesDPreferredUnitsoutstandingatthetimeaSeriesDCallExerciseNoticeisdelivered,butmustbeexercisedpro-rataastoallSeriesDPreferredUnitssubjecttotheSeriesDCallRight.

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(v)IfanySeriesDHolderdoesnotnotifythePartnershipofachangetotheaddressfordeliveryofthepurchasepricessetforthintheSeriesDCallExerciseNoticeorprovidethePartnershipwithbankaccountinformationforwiretransferpriortothedatethatistwodaysbeforetheSeriesDCallClosingDate,thePartnershipshalldelivertoeachSeriesDHolderitsportionofthepurchasepriceinimmediatelyavailablefundstosuchaddresssetforthontheSeriesDCallExerciseNoticeonorbeforetheSeriesDCallClosingDate.IfanySeriesDHolderdoesnotifythePartnershipofachangetotheaddressfordeliveryofthepurchasepricessetforthintheSeriesDCallExerciseNoticeorprovidethePartnershipwithbankaccountinformationforwiretransferpriortothedatethatistwodaysbeforetheSeriesDCallClosingDate,thePartnershipshallwriteordelivertoeachSeriesDHolderitsportionofthepurchasepriceinimmediatelyavailablefundstosuchaddressorbankaccountwhichwereprovidedtothePartnershiponorbeforetheSeriesDCallClosingDate.AttheclosingoftheSeriesDCallRight,eachsuchSeriesDHoldershalldelivertothePartnershipthecertificatesrepresentingtheSeriesDPreferredUnitstobeacquiredwithtransferpowers,executedinblank,or,ifuncertificated,transferpowersexecutedinblank,andsuchotherdocumentationasmayreasonablyberequestedbythePartnership.ThefailureofanySeriesDHoldertocomplywiththeprecedingsentenceshallnotpreventtheclosingoftheSeriesDCallRight.

Section5.16EstablishmentofSeriesEPreferredUnits.

(a)General .ThePartnershipherebydesignatesandcreatesaseriesofUnitstobedesignatedas“SeriesEPreferredUnits”andconsistingofatotalof4,500,000SeriesEPreferredUnits,plusanyadditionalSeriesEPreferredUnitsissuedinkindasadistributionpursuanttoSection5.16(b)(ii)(“Series E PIKPreferred Units ”),havingthesamerights,preferencesandprivileges,andsubjecttothesamedutiesandobligations,astheCommonUnits,exceptassetforthinthisSection5.16andinSection5.5(d)(i),Section6.10,andSection12.9.TheSeriesEPreferredUnits,whetherissuedontheSeriesEIssuanceDateorasSeriesEPIKPreferredUnits,arereferredtohereinas“Series E Preferred Units. ”TheSeriesEPreferredUnitsshallbeconsideredparipassuastoallocationsanddistributionswiththeSeriesAPreferredUnits,SeriesCPreferredUnitsandtheSeriesDPreferredUnits.OtherthanwithrespecttoSeriesEPIKPreferredUnits,immediatelyfollowingtheSeriesEIssuanceDateandthereafter,noadditionalSeriesEPreferredUnitsshallbedesignated,createdorissuedwithoutthepriorwrittenapprovaloftheGeneralPartnerandtheholdersofamajorityoftheOutstandingSeriesEPreferredUnits.

(b)Rights of Series E Preferred Units .TheSeriesEPreferredUnitsshallhavethefollowingrights,preferencesandprivilegesandshallbesubjecttothefollowingdutiesandobligations:

(i)Allocations .

(A)NotwithstandinganythingtothecontraryinSection6.1(a),(x)followinganyallocationmadepursuanttoSection6.1(a)(i)andpriortoanyallocationmadepursuanttoSection6.1(a)(ii),anyNetIncomeshallbeallocatedtoallUnitholdersholdingSeriesEPreferredUnits,ProRata,untiltheaggregateoftheNetIncomeallocatedtosuchUnitholderspursuanttothisSection5.16(b)(i)(A)forthecurrentandallprevioustaxableperiodssinceissuanceofthe

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SeriesEPreferredUnitsisequaltotheaggregateamountofcashdistributedwithrespecttosuchSeriesEPreferredUnitsforthecurrentandprevioustaxableperiodsand(y)innoeventshallanyNetIncomebeallocatedpursuanttoSection6.1(a)(ii)inrespectofSeriesEPreferredUnits.AllocationstoSeriesEPreferredUnitspursuanttothisSection5.16(b)(i)(A),toSeriesAPreferredUnitspursuanttoSection5.12(b)(i)(A),SeriesCPreferredUnitspursuanttoSection5.14(b)(i)(A),andtoSeriesDPreferredUnitspursuanttoSection5.15(b)(i)(A)shallbemadeProRata.

(B)NotwithstandinganythingtothecontraryinSection6.1(b),(x)UnitholdersholdingSeriesEPreferredUnitsshallnotreceiveanyallocationpursuanttoSection6.1(b)(i)withrespecttotheirSeriesEPreferredUnits,and(y)followinganyallocationmadepursuanttoSection6.1(b)(i)andpriortoanyallocationmadepursuanttoSection6.1(b)(ii),NetLossesshallbeallocatedtoallUnitholdersholdingSeriesEPreferredUnits,ProRata,untiltheAdjustedCapitalAccountofeachsuchUnitholderinrespectofeachOutstandingSeriesEPreferredUnithasbeenreducedtozero.AllocationstoSeriesEPreferredUnitspursuanttothisSection5.16(b)(i)(B),toSeriesAPreferredUnitspursuanttoSection5.12(b)(i)(B),toSeriesCPreferredUnitspursuanttoSection5.14(b)(i)(B),andtoSeriesDPreferredUnitspursuanttoSection5.15(b)(i)(B)shallbemadeProRata.

(C)NotwithstandinganythingtothecontraryinSection6.1(c)(i),(x)UnitholdersholdingSeriesEPreferredUnitsshallnotreceiveanyallocationpursuanttoSection6.1(c)(i)withrespecttotheirSeriesEPreferredUnits,but(y)followinganyallocationmadepursuanttoSection6.1(c)(i)(A)andpriortoanyallocationmadepursuanttoSection6.1(c)(i)(B),anyremainingNetTerminationGainshallbeallocatedtoallUnitholdersholdingSeriesEPreferredUnits,ProRata,untiltheCapitalAccountinrespectofeachOutstandingSeriesEPreferredUnitisequaltotheSeriesELiquidationValue.AllocationstoSeriesEPreferredUnitspursuanttothisSection5.16(b)(i)(C),toSeriesAPreferredUnitspursuanttoSection5.12(b)(i)(C),toSeriesCPreferredUnitspursuanttoSection5.14(b)(i)(C),andtoSeriesDPreferredUnitspursuanttoSection5.15(b)(i)(C)shallbemadeProRata.

(D)NotwithstandinganythingtothecontraryinSection6.1(c)(ii),(x)UnitholdersholdingSeriesEPreferredUnitsshallnotreceiveanyallocationpursuanttoSection6.1(c)(ii)withrespecttotheirSeriesEPreferredUnits,and(y)followingtheallocationsmadepursuanttoSection6.1(c)(ii)(C),andpriortoanyallocationmadepursuanttoSection6.1(c)(ii)(D),anyremainingNetTerminationLossshallbeallocatedtoallUnitholdersholdingSeriesEPreferredUnits,ProRata,untiltheAdjustedCapitalAccountinrespectofeachOutstandingSeriesEPreferredUnithasbeenreducedtozero.AllocationstoSeriesEPreferredUnitspursuanttothisSection5.16(b)(i)(D),toSeriesAPreferredUnitspursuanttoSection5.12(b)(i)(D),toSeriesCPreferredUnitspursuanttoSection5.14(b)(i)(D),andtoSeriesDPreferredUnitspursuanttoSection5.15(b)(i)(D)shallbemadeProRata.

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(ii)Distributions .

(A)CommencingwiththeQuarterendingon[December 31, 2017 ]4,theholdersoftheSeriesEPreferredUnitsOutstandingasofanapplicableRecordDateshallbeentitledtoreceivecumulativedistributions(each,a“Series E Quarterly Distribution ”),priortoanyotherdistributionsmadeinrespectofanyJuniorInterestspursuanttoSection6.4orSection6.5,intheamountsetforthinthisSection5.16(b)(ii)(A)inrespectofeachOutstandingSeriesEPreferredUnit.AllsuchdistributionsshallbepaidQuarterlywithinforty-five(45)daysaftertheendofeachQuarter(eachsuchpaymentdate,a“Series E Distribution Payment Date ”).FortheQuarterending[December 31, 2017 ],andforeachQuarterthereafterthroughandincludingtheQuarterendingimmediatelypriortotheSeriesECouponConversionQuarter,theSeriesEQuarterlyDistributiononeachOutstandingSeriesEPreferredUnitshallbepaidinanumberofSeriesEPIKPreferredUnitsequaltotheSeriesEPIKPaymentAmount;provided that,inthediscretionoftheGeneralPartnerwhichdeterminationshallbemadepriortotheRecordDatefortherelevantquarter,theSeriesEQuarterlyDistributionmaybepaidas(x)anamountincashequaltotheSeriesEDistributionAmount,and(y)anumberofSeriesEPIKPreferredUnitsequalto(a)theremainderoftheSeriesEDistributionAmountlesstheamountofcashpaidpursuanttoclause(x),dividedby(b)theSeriesEAdjustedIssuePrice(which,ifpaidincashfortheQuarterinwhichtheSeriesEIssuanceDateoccurs,theamountpayableshallbeequaltotheproductof(I)theamountpayablewithoutregardtothisparentheticaltimes(II)afraction,ofwhichthenumeratoristhenumberofdaysfromandincludingtheSeriesEIssuanceDateuptobutexcludingthedateofsuchQuarter’send,andofwhichthedenominatoris91).WithrespecttotheSeriesECouponConversionQuarterandallQuartersthereafter,theSeriesEQuarterlyDistributionsshallbepaidentirelyincashattheSeriesEDistributionRateperSeriesEPreferredUnit.IfthePartnershipestablishesaRecordDateforanydistributiontobemadebythePartnershiponotherPartnershipInterestspursuanttoSection6.4orSection6.5,thentheRecordDateestablishedpursuanttothisSection5.16(b)(ii)(A)foraSeriesEQuarterlyDistributioninrespectofanyQuartershallbethesameRecordDateestablishedforanydistributiontobemadebythePartnershipinrespectofdistributionsonotherPartnershipInterestspursuanttoSection6.4orSection6.5forsuchQuarter.Unlessotherwiseexpresslyprovided ,referencesinthisAgreementtoSeriesEPreferredUnitsshallincludeallSeriesEPIKPreferredUnitsOutstandingasofthedateofsuchdetermination.

(B)WhenanySeriesEPIKPreferredUnitsarepayabletoaRecordHolderofSeriesEPreferredUnitspursuanttothisSection5.16,thePartnershipshallissuetheSeriesEPIKPreferredUnitstosuchRecordHoldernolaterthantheSeriesEDistributionPaymentDate(thedateofissuanceofsuchSeriesEPIKPreferredUnits,the“Series E PIK Preferred Payment Date ”).On

4 Quarterinwhichthetransactioncloses.

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theSeriesEPIKPreferredPaymentDate,thePartnershipshallissuetosuchSeriesEUnitholderaCertificateorCertificatesforthenumberofSeriesEPIKPreferredUnitstowhichsuchSeriesEUnitholdershallbeentitled.TheissuanceoftheSeriesEPIKPreferredUnitspursuanttothisSection5.16(b)(ii)shallbedeemedtohavebeenmadeonthefirstdayoftheQuarterfollowingtheQuarterinrespectofwhichsuchpaymentofSeriesEPIKPreferredUnitswasdue.PriortotheSeriesECouponConversionQuarter,if,inviolationofthisAgreement,thePartnershipfailstopayinfullorpartanySeriesEQuarterlyDistributioninkindwhendue,thentheholdersentitledtotheunpaidSeriesEPIKPreferredUnitsshallbeentitled(I)toreceiveSeriesEQuarterlyDistributionsinsubsequentQuartersinrespectofsuchunpaidSeriesEPIKPreferredUnits,(II)toreceivetheSeriesELiquidationValueinaccordancewithSection5.16(b)(iv)inrespectofsuchunpaidSeriesEPIKPreferredUnits,and(III)toallotherrightsunderthisAgreementasifsuchunpaidSeriesEPIKPreferredUnitshadinfactbeendistributedonthedatedue.NothinginthisSection5.16(b)(ii)(B)shallaltertheobligationofthePartnershiptopayanyunpaidSeriesEPIKPreferredUnitsortherightoftheholdersofSeriesEPreferredUnitstoenforcethisAgreementtocompelthePartnershiptodistributeanyunpaidSeriesEPIKPreferredUnits.FractionalSeriesEPIKPreferredUnitsshallnotbeissuedtoanyperson(eachfractionalSeriesEPIKPreferredUnitshallberoundedtothenearestwholeSeriesEPIKPreferredUnit(anda0.5SeriesEPIKPreferredUnitshallberoundeduptothenexthigherSeriesEPIKPreferredUnit)).

(C)If,inviolationofthisAgreement,thePartnershipfailstopayinfullorpartanySeriesEQuarterlyDistributionincash(or,ifpriortotheSeriesECouponConversionQuarter,SeriesEPIKPreferredUnits,asapplicable)whendue,then,withoutlimitinganyrightsoftheholdersoftheSeriesEPreferredUnitstocompelthePartnershiptomakesuchdistribution,fromandafterthefirstdateofsuchfailureandcontinuinguntilsuchfailureiscuredbypaymentinfullincash(or,ifpriortotheSeriesECouponConversionQuarter,SeriesEPIKPreferredUnits,asapplicable)ofallarrearageswithrespecttoanySeriesEQuarterlyDistribution,includingaccruedbutunpaidinterestthereon,(w)theamountofsuchunpaiddistributions(“Series E Unpaid Distributions ”)willaccrueandaccumulatefromandincludingthefirstdayoftheQuarterimmediatelyfollowingtheQuarterinrespectofwhichsuchpaymentisdueuntilpaidinfull,(x)anySeriesEUnpaidDistributionshallaccrueinterestfromtheapplicableSeriesEDistributionPaymentDateatrateequalto6%perannum,and(y)thePartnershipshallnotbepermittedto,andshallnot,declareormake(i)anydistributionsinrespectofanyJuniorInterestsand(ii)anydistributionsinrespectofanySeriesEParitySecurities.

(D)IfalloranyportionofaSeriesEQuarterlyDistributionistobepaidincash,thentheaggregateamountofsuchcashtobesodistributedinrespectoftheSeriesEPreferredUnitsOutstandingasoftheRecordDateforsuchSeriesEQuarterlyDistributionshallbepaidoutofAvailableCashpriortomakinganydistributionpursuanttoSection6.4orSection6.5.TotheextentthatanyportionofaSeriesEQuarterlyDistributiontobepaidincashwithrespectto

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anyQuarter,togetherwithanyportionofaSeriesAQuarterlyDistribution,SeriesCQuarterlyDistributionandSeriesDQuarterlyDistributiontobepaidincashwithrespecttosuchQuarter,exceedstheamountofAvailableCashforsuchQuarter,anamountofcashequaltotheAvailableCashforsuchQuarterwillbepaidtotheSeriesAUnitholders,theSeriesCUnitholders,theSeriesDUnitholdersandSeriesEUnitholdersProRataandthebalanceofsuchSeriesEQuarterlyDistribution(andSeriesAQuarterlyDistribution,SeriesCQuarterlyDistributionandSeriesDQuarterlyDistribution)shallbeunpaidandshallconstituteanarrearageandaccrueinterestassetforthinSection5.16(b)(ii)(C).ThePartnershipshallprovidewrittennoticetotheSeriesEUnitholders,notlaterthanthelastBusinessDayofthemonthimmediatelyfollowingtheendofsuchQuarter,describinginreasonabledetailthePartnership’scalculationofAvailableCashforsuchQuarterandtheportion,ifany,oftheSeriesEQuarterlyDistributionthePartnershipwillbeunabletopayontheapplicableSeriesEDistributionPaymentDate.

(E)NotwithstandinganythinginthisSection5.16(b)(ii)tothecontrary,withrespecttoSeriesEPreferredUnitsthatareconvertedintoCommonUnits,theholderthereofshallnotbeentitledtoaSeriesEPreferredUnitdistributionandaCommonUnitdistributionwithrespecttothesameperiod,butshallbeentitledonlytothedistributiontobepaidbasedupontheclassofUnitsheldasofthecloseofbusinessontheapplicableRecordDate.Fortheavoidanceofdoubt,ifaSeriesEConversionNoticeDateoccurspriortothecloseofbusinessonaRecordDateforpaymentofadistributionontheCommonUnits,theapplicableholderofSeriesEPreferredUnitsshallreceiveonlytheCommonUnitdistributionwithrespecttosuchperiod.

(F)NotwithstandinganythinginArticleVItothecontrary,neithertheGeneralPartnernortheholdersofIncentiveDistributionRightsshallbeentitledtoreceivedistributionsorallocationsofincomeorgainthatcorrespondorrelatetoamountsdistributedorallocatedtoUnitholdersinrespectofSeriesEPreferredUnits,regardlessofwhethertheamountssodistributedorallocatedinrespectoftheSeriesEPreferredUnitsweredeterminedunderthedefinitionof“SeriesEDistributionRate”orwereotherwisedeterminedonan“asconverted”basis.

(iii)Issuance of Series E Preferred Units .TheSeriesEPreferredUnitsshallbeissuedbythePartnershippursuanttothetermsandconditionsoftheContributionAgreement.

(iv)Liquidation Value .Intheeventofanyliquidation,dissolutionandwindingupofthePartnershipunderSection12.4orasale,exchangeorotherdispositionofallorsubstantiallyalloftheassetsofthePartnership,eithervoluntaryorinvoluntary,theRecordHoldersoftheSeriesEPreferredUnitsshallbeentitledtoreceive,outoftheassetsofthePartnershipavailablefordistributiontothePartnersoranyassignees,priorandinpreferencetoanydistributionofanyassetsofthePartnershiptotheRecordHoldersofanyotherclassorseriesofPartnershipInterests(otherthanSeriesAPreferred

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Units,SeriesCPreferredUnitsandSeriesDPreferredUnitsastowhichtheSeriesEPreferredUnitsareparipassu),thepositivevalueineachsuchholder’sCapitalAccountinrespectofsuchSeriesEPreferredUnits.Ifintheyearofsuchliquidationandwindingup,orsale,exchangeorotherdispositionofallorsubstantiallyalloftheassetsofthePartnership,anysuchRecordHolder’sCapitalAccountinrespectofsuchSeriesEPreferredUnitsislessthantheaggregateSeriesELiquidationValueofsuchSeriesEPreferredUnits,thennotwithstandinganythingtothecontrarycontainedinthisAgreement,andpriortoanyotherallocationpursuanttothisAgreementforsuchyearandpriortoanydistributionpursuanttotheprecedingsentence,itemsofgrossincomeandgainshallbeallocatedtoallUnitholdersthenholdingSeriesEPreferredUnits,ProRata,untiltheCapitalAccountinrespectofeachOutstandingSeriesEPreferredUnitisequaltotheSeriesELiquidationValue(andnootherallocationpursuanttothisAgreementshallreversetheeffectofsuchallocation),withsuchallocationbeingmadeProRatawithanyallocationmadepursuanttothesecondsentencesofSection5.12(b)(iv),Section5.14(b)(iv)andSection5.15(b)(iv).Ifintheyearofsuchliquidation,dissolutionorwindingupanysuchRecordHolder’sCapitalAccountinrespectofsuchSeriesEPreferredUnitsislessthantheaggregateSeriesELiquidationValueofsuchSeriesEPreferredUnitsaftertheapplicationoftheprecedingsentence,thentotheextentpermittedbyapplicablelawandnotwithstandinganythingtothecontrarycontainedinthisAgreement,itemsofgrossincomeandgainforanyprecedingtaxableperiod(s)withrespecttowhichIRSForm1065SchedulesK-1havenotbeenfiledbythePartnershipshallbereallocatedtoallUnitholdersthenholdingSeriesEPreferredUnits,ProRata,untiltheCapitalAccountinrespectofeachsuchOutstandingSeriesEPreferredUnitaftermakingallocationspursuanttothisandtheimmediatelyprecedingsentenceisequaltotheSeriesELiquidationValue(andnootherallocationpursuanttothisAgreementshallreversetheeffectofsuchallocation),withsuchallocationbeingmadeProRatawithanyallocationmadepursuanttothethirdsentencesofSection5.12(b)(iv),Section5.14(b)(iv)andSection5.15(b)(iv).AtsuchtimeassuchallocationshavebeenmadetotheOutstandingSeriesEPreferredUnits,anyremainingNetTerminationGainorNetTerminationLossshallbeallocatedtothePartnerspursuanttoSection6.1(c)orSection6.1(d),asthecasemaybe.AtthetimeofthedissolutionofthePartnership,subjecttoSection17-804oftheDelawareAct,theRecordHoldersoftheSeriesEPreferredUnitsshallbecomeentitledtoreceiveanydistributionsinrespectoftheSeriesEPreferredUnitsthatareaccruedandunpaidasofthedateofsuchdistributioninpriorityoveranyentitlementofanyotherPartnersorAssigneeswithrespecttoanydistributionsbythePartnershiptosuchotherPartnersorAssignees(otherthanSeriesAPreferredUnits,SeriesCPreferredUnitsandSeriesDPreferredUnitsastowhichtheSeriesEPreferredUnitsareparipassu);provided ,however ,thattheGeneralPartner,assuch,willhavenoliabilityforanyobligationswithrespecttosuchdistributionstoanyRecordHolder(s)ofSeriesEPreferredUnits.

(v)Voting Rights .

(A)ExceptasprovidedinSection5.16(b)(v)(B)below,theOutstandingSeriesEPreferredUnitsshallhavevotingrightsthatareidenticaltothevotingrightsoftheCommonUnitsandshallvotewiththeCommonUnitsasasingleclass,sothateachOutstandingSeriesEPreferredUnitwillbeentitledto

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onevoteforeachCommonUnitintowhichsuchSeriesEPreferredUnitisthenconvertibleoneachmatterwithrespecttowhicheachCommonUnitisentitledtovote.EachreferenceinthisAgreementtoavoteofRecordHoldersofCommonUnitsshallbedeemedtobeareferencetotheholdersofCommonUnits,SeriesAPreferredUnits,SeriesBUnits,SeriesCPreferredUnits,SeriesDPreferredUnits,andSeriesEPreferredUnitsonan“as if”convertedbasis,andthedefinitionof“Unit Majority ”shallcorrespondinglybeconstruedtomeanatleastamajorityoftheCommonUnits,theSeriesAPreferredUnits,theSeriesBUnits,theSeriesCPreferredUnits,SeriesDPreferredUnits,andSeriesEPreferredUnits,onan“asif”convertedbasis,votingtogetherasasingleclassduringanyperiodinwhichanySeriesEPreferredUnitsareOutstanding.

(B)NotwithstandinganyotherprovisionofthisAgreement,inadditiontoallotherrequirementsimposedbyDelawarelaw,andallothervotingrightsgrantedunderthisAgreement,theaffirmativevoteoftheRecordHoldersofamajorityoftheOutstandingSeriesEPreferredUnits,votingseparatelyasaclassbasedupononevoteperSeriesEPreferredUnit,shallbenecessaryonanymatter(includingamerger,consolidationorbusinesscombination)thatadverselyaffectsanyoftherights,preferencesandprivilegesoftheSeriesEPreferredUnitsoramendsormodifiesanyofthetermsoftheSeriesEPreferredUnits;provided thatthePartnershipshallbeabletoamendthisSection5.16withouttheapprovalbytheRecordHoldersofOutstandingSeriesEPreferredUnitssolongastheamendmentdoesnotadverselyaffecttheholdersoftheSeriesEPreferredUnitsinanymaterialrespectanddoesnotaffecttheholdersoftheSeriesEPreferredUnitsdisproportionatelyinrelationtotheholdersofCommonUnits;provided ,however ,thatthePartnershipmay,withouttheconsentorapprovaloftheRecordHoldersofOutstandingSeriesEPreferredUnits,create(byreclassificationorotherwise)andissueJuniorInterests(includingbyamendingtheprovisionsofanyexistingclassofPartnershipIntereststomakesuchclassofPartnershipInterestsaclassofJuniorInterests)inanunlimitedamount.Withoutlimitingthegeneralityoftheprecedingsentence,anyactionshallbedeemedtoadverselyaffecttheholdersoftheSeriesEPreferredUnitsinamaterialrespectifsuchactionwould:

(1)reducetheSeriesEDistributionRate,changetheformofpaymentofdistributionsontheSeriesEPreferredUnits,deferthedatefromwhichdistributionsontheSeriesEPreferredUnitswillaccrue,cancelaccruedandunpaiddistributionsontheSeriesEPreferredUnitsoranyinterestaccruedthereon,orchangetheseniorityrightsoftheSeriesEUnitholdersastothepaymentofdistributionsinrelationtotheUnitholdersofanyotherclassorseriesofUnitsor,exceptasdeterminedtobeappropriateinconnectionwiththeissuanceofJuniorInterests,amendthisSection5.16;

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(2)reducetheamountpayableorchangetheformofpaymenttotheholdersoftheSeriesEPreferredUnitsuponthevoluntaryorinvoluntaryliquidation,dissolutionorwindingup,orsaleofallorsubstantiallyalloftheassets,ofthePartnership,orchangetheseniorityoftheliquidationpreferencesoftheholdersoftheSeriesEPreferredUnitsinrelationtotherightsuponliquidationoftheholdersofanyotherclassorseriesofUnits;or


(vi)No Series E Parity Securities or Series E Senior Securities .OtherthanSeriesEPIKPreferredUnitsissuedinconnectionwiththeSeriesEQuarterlyDistribution,thePartnershipshallnot,withouttheaffirmativevoteoftheholdersofamajorityoftheOutstandingSeriesEPreferredUnits,issueanySeriesEParitySecuritiesorSeriesESeniorSecurities.

(vii)Certificates .

(A)TheSeriesEPreferredUnitsshallbeevidencedbyCertificatesinsuchformastheGeneralPartnermayapproveand,subjecttothesatisfactionofanyapplicablelegal,regulatoryandcontractualrequirements,maybeassignedortransferredinamanneridenticaltotheassignmentandtransferofotherUnits;unlessanduntiltheGeneralPartnerdeterminestoassigntheresponsibilitytoanotherPerson,thePartnershipwillactastheregistrarandtransferagentfortheSeriesEPreferredUnits.TheCertificatesevidencingSeriesEPreferredUnitsshallbeseparatelyidentifiedandshallnotbearthesameCUSIPnumberastheCertificatesevidencingCommonUnits.

(B)Thecertificate(s)representingtheSeriesEPreferredUnitsmaybeimprintedwithalegendinsubstantiallythefollowingform:


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(viii)Conversion .

(A)At the Option of the Series E Unitholder or the Partnership .AtanytimeafterthesecondanniversaryoftheSeriesEIssuanceDate,subjecttoanyapplicablelimitationsintheNewCreditAgreement,theSeriesEPreferredUnitsshallbeconvertible,inwholeorinpart,upontherequestoftheSeriesEUnitholderintoanumberofCommonUnitsdeterminedbymultiplyingthenumberofSeriesEPreferredUnitstobeconvertedbytheSeriesEConversionRate.AtanytimeaftertheSeriesEOptionalConversionStartDate,subjecttoanyapplicablelimitationsintheNewCreditAgreement,theSeriesEPreferredUnitsshallbeconvertible,inwholeorinpart,attheelectionofthePartnershipintoanumberofCommonUnitsdeterminedbymultiplyingthenumberofSeriesEPreferredUnitstobeconvertedbytheSeriesEConversionRate.ImmediatelyuponanyconversionofSeriesEPreferredUnits,allrightsoftheSeriesEConvertingUnitholderinrespectthereofshallcease,including,withoutlimitation,anyaccrualofdistributions,andsuchSeriesEConvertingUnitholdershallbetreatedforallpurposesastheownerofCommonUnits.FractionalCommonUnitsshallnotbeissuedtoanypersonpursuanttothisSection5.16(b)(viii)(A)(eachfractionalCommonUnitshallberoundedtothenearestwholeCommonUnit(anda0.5CommonUnitshallberoundeduptothenexthigherCommonUnit)).

(B)Conversion Notice .ToconvertSeriesEPreferredUnitsintoCommonUnitspursuanttoSection5.16(b)(viii)(A),eithertheSeriesEConvertingUnitholderorthePartnership,asapplicable,shallgivewrittennotice(a“Series E Conversion Notice ”)tothePartnershiportheSeriesEUnitholder,asapplicable,intheformofeitherExhibitG-1orExhibitG-2,asapplicable,attachedheretostatingthateithertheSeriesEUnitholderorthePartnership,asapplicable,electstosoconvertSeriesEPreferredUnits.WithrespecttoanySeriesEConversionNoticedeliveredbytheSeriesEConvertingUnitholdertothePartnership,suchSeriesEConversionNoticeshallstatethatsuchSeriesEUnitholderelectstosoconvertSeriesEPreferredUnitsandshallstatethereinwithrespecttoSeriesEPreferredUnitstobeconvertedpursuanttoSection5.16(b)(viii)(A)thefollowing:(a)thenumberofSeriesEConvertiblePreferredUnitstobeconverted,(b)theCertificate(s)evidencingtheSeriesEPreferredUnitstobeconvertedanddulyendorsed,(c)thenameornamesinwhichsuchSeriesEUnitholderwishestheCertificateorCertificatesforSeriesEConversionUnitstobeissued,and(d)suchSeriesEUnitholder’scomputationofthenumberofSeriesEConversionUnitstobereceivedbysuchSeriesEUnitholder(ordesignatedrecipient(s))upontheSeriesEConversionDate.ThedateanySeriesEConversionNoticeisdeliveredbytheSeriesEUnitholderorthePartnership,asapplicable,shallbehereinafterbereferredtoasa“Series E Conversion Notice Date .”

(C)Timing; Certificates .IfaSeriesEConversionNoticeisdeliveredinaccordancewithSection5.16(b)(viii)(B),thePartnershipshallissuetheSeriesEConversionUnitsnolaterthanseven(7)daysafteraSeriesEConversionNoticeDate(anydateofissuanceofsuchCommonUnits,a“Series E Conversion Date ”).OntheSeriesEConversionDate,thePartnershipshallissuetosuchSeriesEUnitholder(ordesignatedrecipient(s))aCertificateorCertificatesforthenumberofSeriesEConversionUnitstowhichsuchholdershallbeentitled.

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InlieuofdeliveringphysicalCertificatesrepresentingtheSeriesEConversionUnitsissuableuponconversionofSeriesEPreferredUnits,providedtheTransferAgentisparticipatingintheDepository’sFastAutomatedSecuritiesTransferprogram,uponrequestoftheSeriesEUnitholder,thePartnershipshalluseitscommerciallyreasonableeffortstocauseitsTransferAgenttoelectronicallytransmittheSeriesEConversionUnitsissuableuponconversionordistributionpaymenttosuchSeriesEUnitholder(ordesignatedrecipient(s)),bycreditingtheaccountoftheSeriesEUnitholder(ordesignatedrecipient(s))primebrokerwiththeDepositorythroughitsDepositWithdrawalAgentCommissionsystem.ThepartiesagreetocoordinatewiththeDepositorytoaccomplishthisobjective.UponissuanceofSeriesEConversionUnitstotheSeriesEConvertingUnitholder,allrightsundertheconvertedSeriesEPreferredUnitsshallcease,andsuchSeriesEConvertingUnitholdershallbetreatedforallpurposesastheRecordHolderofsuchSeriesEConversionUnits.

(D)Distributions, Combinations, Subdivisions and Reclassifications by the Partnership .IfthePartnership(i)makesadistributiononitsCommonUnitsinCommonUnits,(ii)subdividesorsplitsitsoutstandingCommonUnitsintoagreaternumberofCommonUnits,(iii)combinesorreclassifiesitsCommonUnitsintoasmallernumberofCommonUnitsor(iv)issuesbyreclassificationofitsCommonUnitsanyPartnershipInterests(includinganyreclassificationinconnectionwithamerger,consolidationorbusinesscombinationinwhichthePartnershipisthesurvivingPerson),thentheSeriesEConversionRateineffectatthetimeoftheRecordDateforsuchdistributionortheeffectivedateofsuchsubdivision,split,combination,orreclassificationshallbeproportionatelyadjustedsothattheconversionoftheSeriesEPreferredUnitsaftersuchtimeshallentitleeachSeriesEUnitholdertoreceivetheaggregatenumberofCommonUnits(oranyPartnershipInterestsintowhichsuchCommonUnitswouldhavebeencombined,consolidated,mergedorreclassifiedpursuanttoclauses(iii)and(iv)above)thatsuchSeriesEUnitholderwouldhavebeenentitledtoreceiveiftheSeriesEPreferredUnitshadbeenconvertedintoCommonUnitsimmediatelypriortosuchRecordDateoreffectivedate,asthecasemaybe,andinthecaseofamerger,consolidationorbusinesscombinationinwhichthePartnershipisthesurvivingPerson,thePartnershipshallprovideeffectiveprovisionstoensurethattheprovisionsinthisSection5.16relatingtotheSeriesEPreferredUnitsshallnotbeabridgedoramendedandthattheSeriesEPreferredUnitsshallthereafterretainthesamepowers,preferencesandrelativeparticipating,optionalandotherspecialrights,andthequalifications,limitationsandrestrictionsthereon,thattheSeriesEPreferredUnitshadimmediatelypriortosuchtransactionorevent.AnadjustmentmadepursuanttothisSection5.16(b)(viii)(D)shallbecomeeffectiveimmediatelyaftertheRecordDateinthecaseofadistributionandshallbecomeeffectiveimmediatelyaftertheeffectivedateinthecaseofasubdivision,combination,reclassification(includinganyreclassificationinconnectionwithamerger,consolidationorbusinesscombinationinwhichthePartnershipisthesurvivingPerson)orsplit.Suchadjustmentshallbemadesuccessivelywheneveranyeventdescribedaboveshalloccur.

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If,inthefuture,thePartnershipissuesanyConvertibleSecurities,theGeneralPartnershall,atthedirectionandattheoptionoftheholdersofamajorityoftheOutstandingSeriesEPreferredUnitsintheirsolediscretion,either(i)amendtheprovisionsofthisAgreementrelatingtoantidilutionprotectionto(A)reviseanysuchprovisionthatislessfavorablethanthecorrespondingprovisionofferedinthetermsofsuchConvertibleSecurities(oranyrelatedpurchaseagreement)sothatsuchprovisionisthesameassuchprovisionofferedinthetermsofsuchConvertibleSecurities(oranyrelatedpurchaseagreement)and(B)incorporateanyprovision(s)offeredinthetermsofsuchConvertibleSecurities(oranyrelatedpurchaseagreement)thatisnotcurrentlyprovided forinthisAgreementandwhichwouldmaketheantidilutionprotectionprovisionsofthisAgreementmorefavorabletotheholdersofSeriesEPreferredUnits,whichamendmentshallbeeffectiveconcurrentlywiththeissuanceand/orexecutionofdocumentationrelatingtosuchConvertibleSecurities,or(ii)retaintheantidilutionlanguageapplicabletotheSeriesEPreferredUnitsatsuchtime.ThePartnershipagreestoprovideasmuchpriornoticeoftheproposedissuanceofanysuchConvertibleSecuritiesand/orexecutionofdocumentationrelatingtosuchissuanceofConvertibleSecuritiesasisreasonablypracticable(andinanyevent,suchnoticeshallbeprovided atleastten(10)BusinessDayspriortosuchissuanceand/orexecution).

(E)Follow-On Adjustments .ExceptinconnectionwiththeexerciseofaWarrant,ifthePartnershipshallissueorsell,orgrantanyFollow-onUnitsataFollow-onPricethatislessthanonehundredpercent(100%)oftheSeriesEAdjustedIssuePrice,thentheSeriesEConversionRatewillberesetsothatitwillequalthenumberdeterminedbydividingtheSeriesEAdjustedIssuePriceimmediatelybeforetheissuanceoftheFollow-OnUnitsbytheresultachievedthroughapplicationofthefollowingformula:

((CPxOB)+(FPxQ))/OA

Where:

CP=theSeriesEAdjustedIssuePriceineffectimmediatelybeforetheissuanceoftheFollow-OnUnits



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Q=thetotalnumberoffullydilutedFollow-OnUnitsissuedOA=thetotalnumberoffullydilutedCommonUnitsoutstandingaftergivingeffecttotheissuanceoftheFollow-OnUnits.


(F)Other Extraordinary Transactions Affecting the Partnership .

(1)PriortotheconsummationofaPartnershipEvent,thePartnershipshall,aspromptlyaspracticable,butinanyeventnolaterthantwelve(12)BusinessDayspriortotheconsummationofthePartnershipEvent,makeanirrevocablewrittenoffer(a“Series EPartnership Event Change of Control Offer ”),subjecttoconsummationofthePartnershipEvent,toeachholderofSeriesEPreferredUnitstoredeemall(butnotlessthanall)ofsuchholder’sSeriesEPreferredUnitsforapriceperSeriesEPreferredUnitpayableincashequaltothegreaterof(x)thesumoftheSeriesEIssuePriceandtheSeriesEUnpaidDistributionsandallaccruedandunpaidinterestthereon(determinedinaccordancewithSection5.16(b)(ii)(C))and(y)anamountequaltotheproductof(1)thenumberofCommonUnitsintowhicheachSeriesEPreferredUnitisconvertiblepursuanttoSection5.16(b)(viii)onthedayimmediatelypriortothedateoftheSeriesEPartnershipEventChangeofControlOfferand(2)thesumof(A)thecashconsiderationperCommonUnittobepaidtotheholdersofCommonUnitspursuanttothePartnershipEventplus(B)thefairmarketvalueperCommonUnitofthesecuritiesorotherassetstobedistributedtotheholdersoftheCommonUnitspursuanttothePartnershipEvent(asapplicable,the“Series E Partnership Event Payment”).

(2)UponreceiptbyaSeriesEUnitholderofaSeriesEPartnershipEventChangeofControlOffer,suchSeriesEUnitholdermayelect,bywrittennoticereceivedbythePartnershipnolaterthanfive(5)BusinessDaysafterthereceiptbysuchholderofaSeriesEPartnershipEventChangeofControlOffer,toreceiveSeriesESurvivorPreferredSecurities(asdefinedbelow)pursuanttothisSection5.16(b)(viii)(F)(2)inlieuofaSeriesEPartnershipEventPayment.UponreceiptofsuchSeriesEUnitholder’selectiontoreceiveSeriesESurvivorPreferredSecurities,thePartnershipshallaspromptlyaspracticable,butinanyeventpriortotheconsummationofanyPartnershipEvent,makeappropriateprovisiontoensurethatsuchelectingholdersofSeriesEPreferredUnitsreceiveinsuchPartnershipEventapreferredsecurity,issuedbythePersonsurvivingorresultingfromsuchPartnershipEventandcontainingprovisionssubstantiallyequivalenttotheprovisionssetforthinthisAgreementwithrespecttotheSeriesEPreferredUnits,includingSection5.16andSection7.3

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hereof,withoutmaterialabridgement,including,withoutlimitation,thesamepowers,preferences,rightstodistributions,rightstoaccumulationandcompoundinguponfailuretopaydistributions,andrelativeparticipating,optionalorotherspecialrightsandthequalifications,limitationsorrestrictionsthereon,thattheSeriesEPreferredUnithadimmediatelypriortosuchPartnershipEvent(the“Series E Survivor Preferred Security ”).TheSeriesEConversionRateineffectatthetimeoftheeffectivedateofsuchPartnershipEventshallbeproportionatelyadjustedsothattheconversionofaunitofSeriesESurvivorPreferredSecurityaftersuchtimeshallentitletheholdertothenumberofsecuritiesoramountofcashorotherassetswhich,ifaSeriesEPreferredUnithadbeenconvertedintoCommonUnitsimmediatelypriortosuchPartnershipEvent,suchholderwouldhavebeenentitledtoreceiveimmediatelyfollowingsuchPartnershipEvent.SubsequentadjustmentstotheSeriesEConversionRateoftheSeriesESurvivorPreferredSecurityshallbemadesuccessivelythereafterwheneveranyeventdescribedinSection5.16(b)(viii)(D),Section5.16(b)(viii)(E)orthisSection5.16(b)(viii)(F)shalloccur.Notwithstandingtheforegoing,thePartnershipmayconsummateaPartnershipEventwithoutmakingappropriateprovisiontoensurethattheholdersofSeriesEPreferredUnitsreceiveaSeriesEPartnershipEventPaymentorSeriesESurvivorPreferredSecurity,asapplicable,withrespecttosuchPartnershipEventifpriortosuchconsummationthePartnershiphasreceivedthepriorwrittenapprovaloftheholdersofamajorityoftheOutstandingSeriesEPreferredUnits.

(3)ASeriesEPartnershipEventChangeofControlOffershallbemailedtoeachSeriesEUnitholderandshalldescribethetransactionortransactionsthatconstitutethePartnershipEventandstate:

i)thattheSeriesEPartnershipEventChangeofControlOfferisbeingmadepursuanttothisSection5.16(b)(viii)(F)andthatthePartnershipismakinganoffertoredeemallSeriesEPreferredUnitsofsuchUnitholder(subjecttotheconsummationofthePartnershipEvent);

ii)theamountoftheSeriesEPartnershipEventPaymentandtheredemptiondate,whichshallbethedateonwhichthePartnershipEventisconsummatedorassoonthereafteraspracticable(the“Series E Partnership Event Payment Date ”);and


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OntheSeriesEPartnershipEventPaymentDate,thePartnership(oritssuccessor)shallpaytoeachUnitholderofSeriesEPreferredUnitsthatacceptstheSeriesEPartnershipEventChangeofControlOfferanamountincashequaltosuchholder’sapplicableSeriesEPartnershipEventPayment,andallofsuchholder’srightsandprivilegesundertheSeriesEPreferredUnitsorasaSeriesEUnitholdershallbeextinguished.

(G)NotwithstandinganyoftheotherprovisionsofthisSection5.16(b)(viii),noadjustmentshallbemadetotheSeriesEConversionRatepursuanttoSection5.16(b)(viii)(D)-(F)asaresultofanyofthefollowing:

(1)thegrantofCommonUnitsoroptions,warrantsorrightstopurchaseCommonUnitsortheissuanceofCommonUnitsupontheexerciseofanysuchoptions,warrantsorrightstoemployees,officersordirectorsoftheGeneralPartnerorthePartnershipanditsSubsidiariesinrespectofservicesprovided toorforthebenefitofthePartnershiporitsSubsidiaries,undercompensationplansandagreementsapprovedingoodfaithbytheGeneralPartner(includinganyLongTermIncentivePlan);provided that,inthecaseofoptions,warrantsorrightstopurchaseCommonUnits,theexercisepriceperCommonUnitshallnotbelessthantheClosingPriceonthedatesuchoption,warrantorotherrightisissued;






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i)TheaggregatemaximumnumberofCommonUnitsdeliverableuponexercise(assumingthesatisfactionofanyconditionstoexercisability,including,withoutlimitation,thepassageoftime,butwithouttakingintoaccountpotentialantidilutionadjustments)ofoptionsorwarrantstopurchaseorrightstosubscribeforCommonUnitsshallbedeemedtohavebeenissuedatthetimesuchoptions,warrantsorrightswereissuedandforconsiderationequaltotheconsideration(determinedinthemannerprovided inthisSection5.16(b)(viii)(H)),ifany,receivedbythePartnershipupontheissuanceofsuchoptions,warrantsorrightsplustheminimumexercisepriceprovided insuchoptions,warrantsorrights(withouttakingintoaccountpotentialantidilutionadjustments)fortheCommonUnitscoveredthereby.

ii)TheaggregatemaximumnumberofCommonUnitsdeliverableuponconversionoforinexchange(assumingthesatisfactionofanyconditionstoconvertibilityorexchangeability,including,withoutlimitation,thepassageoftime,butwithouttakingintoaccountpotentialantidilutionadjustments)foranysuchconvertibleorexchangeablesecuritiesorupontheexerciseofoptionsorwarrantstopurchaseorrightstosubscribeforsuchconvertibleorexchangeablesecuritiesandsubsequentconversionorexchangethereofshallbedeemedtohavebeenissuedatthetimesuchsecuritieswereissuedorsuchoptions,warrantsorrightswereissuedandforaconsiderationequaltotheconsideration,ifany,receivedbythePartnershipforanysuchsecuritiesoroptions,warrantsorrights,plustheminimumadditionalconsideration,ifany,tobereceivedbythePartnership(withouttakingintoaccountpotentialantidilutionadjustments)upontheconversionorexchangeofsuchsecuritiesorupontheexerciseofsuchoptions,warrantsorrightsandsubsequentconversionorexchangeoftheunderlyingconvertibleorexchangeablesecurities,asappropriate(theconsiderationineachcasetobedeterminedinthemannerprovided inthisSection5.16(b)(viii)).

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iii)Intheeventofanychangein(x)thenumberofCommonUnitsdeliverableor(y)theconsiderationpayabletothePartnershipuponexerciseofsuchoptions,warrantsorrightswithrespecttoeitherCommonUnitsorsuchconvertibleorexchangeablesecuritiesoruponconversionoforinexchangeforsuchconvertibleorexchangeablesecuritiesandnototherwiseentitledtoanyappropriateantidilutionadjustmentpursuanttothisSection5.16,including,butnotlimitedto,achangeresultingfromtheantidilutionprovisionsthereof,theSeriesEConversionRate,totheextentinanywayaffectedbyorcomputedusingsuchoptions,warrants,rightsorsecurities,shallberecomputedtoreflectsuchchange,butnofurtheradjustmentshallbemadefortheactualissuanceofCommonUnitsoranypaymentofsuchconsiderationupontheexerciseofanysuchoptions,warrantsorrightsortheconversionorexchangeofsuchsecurities.

iv)Upontheexpirationofanysuchoptions,warrantsorrightswithrespecttoeitherCommonUnitsorsuchconvertibleorexchangeablesecuritiesortheterminationofanysuchrightstoconvertorexchange,theSeriesEConversionRate,totheextentinanywayaffectedbyorcomputedusingsuchoptions,warrants,rightsorsecuritiesshallberecomputedtoreflecttheissuanceofonlythenumberofCommonUnitsactuallyissuedupontheexerciseofsuchoptions,warrantsorrightswithrespecttoCommonUnits,upontheconversionorexchangeofsuchsecurities,orthenumberofCommonUnitsissuableuponconversionorexchangeoftheconvertibleorexchangeablesecuritiesthatwereactuallyissueduponexerciseofoptions,warrantsorrightsrelatedtosuchsecurities.

v)ThenumberofCommonUnitsdeemedissuedandtheconsiderationdeemedpaidthereforpursuanttoSection5.16(b)(viii)(H)(3)i)andii)shallbeappropriatelyadjustedtoreflectanychange,terminationorexpirationofthetypedescribedineitherSection5.16(b)(viii)(H)(3)iii)oriv).

(4)NotwithstandinganyoftheotherprovisionsofthisSection5.16(b)(viii)(H),noadjustmentshallbemadetothenumberofCommonUnitsissuableuponconversionoftheSeriesEPreferredUnitsortheSeriesEConversionRateasaresultofaneventforwhichanadjustmentismadeunderanotherprovisionofthisSection5.16(b)(viii)(H).

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(5)ForpurposesofthisSection5.16(b)(viii),noadjustmenttotheSeriesEConversionRateshallbemadeinanamountlessthan1/100thofonecentperUnit;provided thatanyadjustmentsthatarenotrequiredtobemadebyreasonofthissentenceshallbecarriedforwardandshallbetakenintoaccountinanysubsequentadjustmentmade.

(I)IntheeventofanytakingbythePartnershipofaRecordDateoftheholdersofanyclassofPartnershipInterestsforthepurposeofdeterminingtheholdersthereofwhoareentitledtoreceiveanydistributionthereon,anysecurityorrightconvertibleintoorentitlingtheholderthereoftoreceiveadditionalCommonUnits,oranyrighttosubscribefor,purchaseorotherwiseacquireanyPartnershipInterestsoranyothersecuritiesorpropertyofthePartnership,ortoreceiveanyotherright,thePartnershipshallnotifyeachholderofSeriesEPreferredUnitsatleastfifteen(15)dayspriortotheRecordDate,ofwhichanysuchRecordDateistobetakenforthepurposeofsuchdistribution,securityorrightandtheamountandcharacterofsuchdistribution,securityorright;provided ,however ,thattheforegoingrequirementshallbedeemedsatisfiedwithrespecttoanyholderofSeriesEPreferredUnitsifatleastfifteen(15)dayspriortotheRecordDate,thePartnershipshallhaveissuedapressreleasewhichshallbepostedonthePartnership’swebsiteandcarriedbyoneormorewireservices,containingtherequiredinformation.

(J)ThePartnershipshallpayanyandallissue,documentary,stampandothertaxes,excludinganyincome,franchise,propertyorsimilartaxes,thatmaybepayableinrespectofanyissueordeliveryofSeriesEConversionUnitsonconversionof,orpaymentofdistributionson,SeriesEPreferredUnitspursuanthereto.However ,theholderofanySeriesEPreferredUnitsshallpayanytaxthatisduebecausetheSeriesEConversionUnitsissuableuponconversionthereofordistributionpaymentthereonareissuedinanameotherthansuchSeriesEUnitholder’sname.

(K)ThePartnershipagreesthatitwillactingoodfaithtomakeanyadjustment(s)requiredbythisSection5.16(b)(viii)equitablyandinsuchamannerastoaffordtheSeriesEUnitholdersthebenefitsoftheprovisionshereof,andwillnottakeanyactionthatcouldreasonablybeexpectedtodeprivesuchSeriesEUnitholdersofthebenefithereof.

(ix)Reserved.

(x)Tax Estimates .UponreceiptofawrittenrequestfromanySeriesEUnitholderstatingthenumberofSeriesEPreferredUnitsownedbysuchholder(whichrequestsshallbemadenomorethantwo(2)timespercalendaryearandthefirstsuchrequestpercalendaryearshallbeatthePartnership’sexpense,andthesecondattheexpenseofsuchrequestingholder),thePartnershipshall,withinten(10)days,providesuchSeriesEUnitholderwithagoodfaithestimate(andreasonablesupportingcalculations)ofwhetherthereissufficientUnrealizedGainattributabletothePartnership

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propertysuchthat,ifsuchSeriesEUnitholderconverteditsSeriesEPreferredUnitspursuanttoSection5.16(b)(viii)(A)andsuchUnrealizedGainwasallocatedtosuchholderpursuanttoSection5.5(d)(iii),suchholder’sCapitalAccountinrespectofitsconvertedSeriesEPreferredUnitswouldbeequaltothePerUnitCapitalAmountforathenOutstandingCommonUnit(otherthanaSeriesEConversionUnitreceivedinconnectionwithsuchconversionofaSeriesEPreferredUnit).

(xi)Fully Paid and Nonassessable .AnySeriesEConversionUnit(s)deliveredpursuanttothisSection5.16shallbevalidlyissued,fullypaidandnonassessable(exceptassuchnonassessabilitymaybeaffectedbymattersdescribedinSections17-303,17-607and17-804oftheDelawareAct),freeandclearofanyliens,claims,rightsorencumbrancesotherthanthosearisingundertheDelawareActorthisAgreementorcreatedbytheholdersthereof.

(xii)Listing of Common Units .ThePartnershipwillprocure,atitssoleexpense,thelistingoftheSeriesEConversionUnitsissuableuponconversionoftheSeriesEPreferredUnits,subjecttoissuanceornoticeofissuanceonanyNationalSecuritiesExchangeonwhichtheCommonUnitsarelistedoradmittedtotrading.

(c)Call Right on Series E Preferred Units .AtanytimeafterthefourthanniversaryoftheSeriesEIssuanceDate,thePartnershipmayexercisetheright(the“Series E Call Right ”),butshallhavenoobligation,torequiretheholderorholdersoftheSeriesEPreferredUnits(the“Series E Holders ”)tosell,assignandtransferalloraportionofthethenoutstandingSeriesEPreferredUnitstothePartnershipinaccordancewiththisSection5.16(c).ThePartnershipmayexercisetheSeriesECallRightwithrespecttoanySeriesEPreferredUnitunless:(A)theexerciseoftheSeriesECallRightwouldresultinadefaultunderanyapplicablefinancingagreements,orotherfinancingobligationsofthePartnershiporanyofitsAffiliates,orwouldotherwisebeprohibitedbyanysecuritiesorotherapplicablelaw,or(B)theSeriesEUnitholderorthePartnershiphasdelivered,onorpriortothedateoftheSeriesECallExerciseNotice(asdefinedbelow),aSeriesEConversionNoticewithrespecttosuchSeriesEPreferredUnit(andthennoSeriesECallRightmaybemadeastosuchSeriesEPreferredUnit).IntheeventthePartnershipdeliversaSeriesECallExerciseNoticeinaccordancewiththisSection5.16(c)andtheSeriesEUnitholderdeliversaSeriesEConversionNoticesubsequenttosuchSeriesECallExerciseNoticepursuanttoandinaccordancewithSection5.16(b)(viii),thenSection5.16(b)(viii)shalltakeprecedenceoverthisSection5.16(c)withrespecttothenumberofSeriesEPreferredUnitsthatarethesubjectofsuchSeriesEConversionNotice,providedsuchSeriesEConversionNoticeisirrevocableanddeliveredtothePartnershippriortothedatethatistwenty(20)TradingDaysafterthedateoftheapplicableSeriesECallExerciseNotice.

(i)Reserved.

(ii)ThepurchasepricetobepaidbythePartnershipinconnectionwiththeexerciseoftheSeriesECallRightshallbetheSeriesECallValueperSeriesEPreferredUnittobeacquiredpursuanttotheSeriesECallRight(subjecttoappropriateadjustmentforanyequitydistribution,subdivisionorcombinationofPartnershipInterests).

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(iii)IfthePartnershipelectstoexercisetheSeriesECallRight,thePartnershipshalldeliverawrittennotice(the“Series E Call ExerciseNotice ”)totheSeriesEHoldersinformingtheSeriesEHoldersofthePartnership’sintentiontoexerciseitsSeriesECallRight.TheSeriesECallExerciseNoticeshallincludeacertificateinsubstantiallytheformattachedheretoasExhibit H ,settingforth(A)thenumberofSeriesEPreferredUnitsheldbyeachSeriesEHolder,(B)thenumberofSeriesEPreferredUnitswithrespecttowhichtheSeriesECallRightisbeingexercised,(C)thebankaccountinformationforwiretransferofthepurchasepriceoraddressfordeliveryofthepurchasepricebycheck,and(D)theclosingdateforthepurchase(the“Series E Call Closing Date ”),whichshallbenoearlierthan10daysorlaterthan30daysafterthedateoftheSeriesECallExerciseNotice.IfanySeriesEHolderdoesnotnotifythePartnershipofachangetothebankaccountinformationoraddressfordeliveryofthepurchasepricessetforthinExhibit H priortothedatethatistwodaysbeforetheSeriesECallClosingDate,thePartnershipshallwireordelivertoeachSeriesEHolderitsportionofthepurchasepriceinimmediatelyavailablefundstosuchbankaccountoraddresssetforthonExhibit H .

(iv)TheSeriesECallRightmaybeexercisedastoanyportionoftheoutstandingSeriesEPreferredUnitsoutstandingatthetimeaSeriesECallExerciseNoticeisdelivered,butmustbeexercisedpro-rataastoallSeriesEPreferredUnitssubjecttotheSeriesECallRight.

(v)AttheclosingoftheSeriesECallRight,(A)thePartnershipshalldelivertoeachSeriesEHoldersubjecttheretoacertificateexecutedonbehalfofthePartnershipintheformattachedheretoasExhibit I ,and(B)eachsuchSeriesEHoldershalldelivertothePartnershipacertificateexecutedbysuchSeriesEHolderintheformattachedheretoasExhibit I ,thecertificatesrepresentingtheSeriesEPreferredUnitswithtransferpowers,executedinblank,or,ifuncertificated,transferpowersexecutedinblank,andsuchotherdocumentationasmayreasonablyberequestedbythePartnership.

ARTICLE VI

ALLOCATIONS AND DISTRIBUTIONS SECTION

Section6.1AllocationsforCapitalAccountPurposes.

ExceptasotherwiserequiredpursuanttoSection5.12(b)(i)and(iv),Section5.14(b)(i)and(iv),Section5.14(b)(i)and(iv),Section5.15(b)(i)and(iv)andSection5.16(b)(i)and(iv),forpurposesofmaintainingCapitalAccountsandindeterminingtherightsofthePartnersamongthemselves,thePartnership’sitemsofincome,gain,lossanddeduction(computedinaccordancewithSection5.5(b)shallbeallocatedamongthePartnersineachtaxableperiodasprovidedhereinbelow:

(a)Net Income .AftergivingeffecttothespecialallocationssetforthinSection6.1(d),NetIncomeforeachtaxableperiodandallitemsofincome,gain,lossanddeductiontakenintoaccountincomputingNetIncomeforsuchtaxableperiodshallbeallocatedasfollows:

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(i)First,totheGeneralPartneruntiltheaggregateoftheNetIncomeallocatedtotheGeneralPartnerpursuanttothisSection6.1(a)(i)andtheNetTerminationGainallocatedtotheGeneralPartnerpursuanttoSection6.1(c)(i)(A)forthecurrentandallprevioustaxableperiodsisequaltotheaggregateoftheNetLossallocatedtotheGeneralPartnerpursuanttoSection6.1(b)(ii)forallprevioustaxableperiodsandtheNetTerminationLossallocatedtotheGeneralPartnerpursuanttoSection6.1(c)(ii)(D)forthecurrentandallprevioustaxableperiods;and

(ii)Thebalance,ifany,(x)totheGeneralPartnerinaccordancewithitsPercentageInterest,and(y)toallUnitholders,ProRata,apercentageequalto100%lessthepercentageapplicabletosubclause(x).

(b)Net Loss .AftergivingeffecttothespecialallocationssetforthinSection6.1(d),NetLossforeachtaxableperiodandallitemsofincome,gain,lossanddeductiontakenintoaccountincomputingNetLossforsuchtaxableperiodshallbeallocatedasfollows:

(i)First,totheGeneralPartnerandtheUnitholders,ProRata;provided ,thatNetLossesshallnotbeallocatedpursuanttothisSection6.1(b)(i)totheextentthatsuchallocationwouldcauseanyUnitholdertohaveadeficitbalanceinitsAdjustedCapitalAccountattheendofsuchtaxableperiod(orincreaseanyexistingdeficitbalanceinitsAdjustedCapitalAccount);and

(ii)Thebalance,ifany,100%totheGeneralPartner.

(c)Net Termination Gains and Losses .AftergivingeffecttothespecialallocationssetforthinSection6.1(d),NetTerminationGainorNetTerminationLoss(includingaproratapartofeachitemofincome,gain,lossanddeductiontakenintoaccountincomputingNetTerminationGainorNetTerminationLoss)forsuchtaxableperiodshallbeallocatedinthemannersetforthinthisSection6.1(c).AllallocationsunderthisSection6.1(c)shallbemadeafterCapitalAccountbalanceshavebeenadjustedbyallotherallocationsprovidedunderthisSection6.1andafteralldistributionsofAvailableCashprovidedunderSection6.4andSection6.5havebeenmade;provided ,however ,thatsolelyforpurposesofthisSection6.1(c),CapitalAccountsshallnotbeadjustedfordistributionsmadepursuanttoSection12.4.

(i)NetTerminationGain(includingaproratapartofeachitemofincome,gain,loss,anddeductiontakenintoaccountincomputingNetTerminationGain)shallbeallocated:

(A)First ,totheGeneralPartneruntiltheaggregateoftheNetTerminationGainallocatedtotheGeneralPartnerpursuanttothisSection6.1(c)(i)(A)andtheNetIncomeallocatedtotheGeneralPartnerpursuanttoSection6.1(a)(i)forthecurrentandallprevioustaxableperiodsisequaltotheaggregateoftheNetLossallocatedtotheGeneralPartnerpursuanttoSection6.1(b)(ii)forallprevioustaxableperiodsandtheNetTerminationLossallocatedtotheGeneralPartnerpursuanttoSection6.1(c)(ii)(D)forallprevioustaxableperiods;

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(B)Second ,(x)totheGeneralPartnerinaccordancewithitsPercentageInterestand(y)toallUnitholdersholdingCommonUnits,ProRata,apercentageequalto100%lesstheGeneralPartner’sPercentageInterest,untiltheCapitalAccountinrespectofeachCommonUnitthenOutstandingisequaltothesumof(1)itsUnrecoveredInitialUnitPrice,(2)theMinimumQuarterlyDistributionfortheQuarterduringwhichtheLiquidationDateoccurs,reducedbyanydistributionpursuanttoSection6.4(b)(i)withrespecttosuchCommonUnitforsuchQuarterand(3)anythen-existingCumulativeCommonUnitArrearage;and

(C)Third ,(x)totheGeneralPartnerinaccordancewithitsPercentageInterest,(y)48%totheholdersoftheIncentiveDistributionRights,ProRata,and(z)toallUnitholders,ProRata,apercentageequalto100%lessthesumofthepercentagesapplicabletosubclauses(x)and(y)ofthisclause(C).

NotwithstandingtheforegoingprovisionsinthisSection6.1(c)(i),theGeneralPartnermayadjusttheamountofanyNetTerminationGainarisinginconnectionwithaRevaluationEventthatisallocatedtotheholdersofIncentiveDistributionRightsinamannerthatwillresult(1)intheCapitalAccountforeachCommonUnitthatisOutstandingpriortosuchRevaluationEventbeingequaltotheEventIssueValueand(2)tothegreatestextentpossible,theCapitalAccountwithrespecttotheIncentiveDistributionRightsthatareOutstandingpriortosuchRevaluationEventbeingequaltotheamountofNetTerminationGainthatwouldbeallocatedtotheholdersoftheIncentiveDistributionRightspursuanttothisSection6.1(c)(i)ifimmediatelypriortosuchRevaluationEvent,(i)theCapitalAccountswithrespecttoallPartnershipIntereststhatwereOutstandingimmediatelypriortosuchRevaluationEventwereequaltozeroand(ii)theaggregateCarryingValueofallPartnershippropertyequaledtheaggregateamountofallofthePartnership’sLiabilities.

(ii)NetTerminationLoss(includingaproratapartofeachitemofincome,gain,loss,anddeductiontakenintoaccountincomputingNetTerminationLoss)shallbeallocated:

(A)First ,(x)totheGeneralPartnerinaccordancewithitsPercentageInterestand(y)toallUnitholdersholdingCommonUnits,ProRata,apercentageequalto100%lesstheGeneralPartner’sPercentageInterest,untiltheCapitalAccountinrespectofeachCommonUnitthenOutstandinghasbeenreducedtozero;

(B)Reserved.

(C)Second ,totheGeneralPartnerandtheUnitholders,ProRata;provided thatNetTerminationLossshallnotbeallocatedpursuanttothisSection6.1(c)(ii)(C)totheextentsuchallocationwouldcauseanyUnitholdertohaveadeficitbalanceinitsAdjustedCapitalAccount(orincreaseanyexistingdeficitinitsAdjustedCapitalAccount);and

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(D)Third ,thebalance,ifany,100%totheGeneralPartner.

(d)Special Allocations .NotwithstandinganyotherprovisionofthisSection6.1,thefollowingspecialallocationsshallbemadeforeachtaxableperiod:

(i)Partnership Minimum Gain Chargeback .NotwithstandinganyotherprovisionofthisSection6.1,ifthereisanetdecreaseinPartnershipMinimumGainduringanyPartnershiptaxableperiod,eachPartnershallbeallocateditemsofPartnershipincomeandgainforsuchperiod(and,ifnecessary,subsequentperiods)inthemannerandamountsprovidedinTreasuryRegulationSections1.704-2(f)(6),1.704-2(g)(2)and1.704-2(j)(2)(i),oranysuccessorprovision.ForpurposesofthisSection6.1(d),eachPartner’sAdjustedCapitalAccountbalanceshallbedetermined,andtheallocationofgrossincomeorgainrequiredhereundershallbeeffected,priortotheapplicationofanyotherallocationspursuanttothisSection6.1(d)withrespecttosuchtaxableperiod(otherthananallocationpursuanttoSection6.1(d)(vi)andSection6.1(d)(vii)).ThisSection6.1(d)(i)isintendedtocomplywiththePartnershipMinimumGainchargebackrequirementinTreasuryRegulationSection1.704-2(f)andshallbeinterpretedconsistentlytherewith.

(ii)Chargeback of Partner Nonrecourse Debt Minimum Gain .NotwithstandingtheotherprovisionsofthisSection6.1(otherthanSection6.1(d)(i)),exceptasprovidedinTreasuryRegulationSection1.704-2(i)(4),ifthereisanetdecreaseinPartnerNonrecourseDebtMinimumGainduringanyPartnershiptaxableperiod,anyPartnerwithashareofPartnerNonrecourseDebtMinimumGainatthebeginningofsuchtaxableperiodshallbeallocateditemsofPartnershipincomeandgainforsuchperiod(and,ifnecessary,subsequentperiods)inthemannerandamountsprovidedinTreasuryRegulationSections1.704-2(i)(4)and1.704-2(j)(2)(ii),oranysuccessorprovisions.ForpurposesofthisSection6.1(d),eachPartner’sAdjustedCapitalAccountbalanceshallbedetermined,andtheallocationofgrossincomeorgainrequiredhereundershallbeeffected,priortotheapplicationofanyotherallocationspursuanttothisSection6.1(d),otherthanSection6.1(d)(i)andotherthananallocationpursuanttoSection6.1(d)(vi)andSection6.1(d)(iv),withrespecttosuchtaxableperiod.ThisSection6.1(d)(ii)isintendedtocomplywiththechargebackofitemsofincomeandgainrequirementinTreasuryRegulationSection1.704-2(i)(4)andshallbeinterpretedconsistentlytherewith.

(iii)PriorityAllocations.

(A)IftheamountofcashortheNetAgreedValueofanypropertydistributed(exceptcashorpropertydistributedpursuanttoSection12.4)withrespecttoaUnit(otherthanaSeriesAPreferredUnit,aSeriesCPreferredUnit,aSeriesDPreferredUnitoraSeriesEPreferredUnit)exceedstheamountofcashortheNetAgreedValueofpropertydistributedwithrespecttoanotherUnit(otherthanaSeriesAPreferredUnit,aSeriesCPreferredUnit,aSeriesDPreferredUnitoraSeriesEPreferredUnit)(theamountoftheexcess,an“Excess Distribution ”andtheUnitwithrespecttowhichthegreaterdistributionispaid,an“Excess Distribution Unit ”),then(1)thereshallbeallocatedgrossincome

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andgaintoeachUnitholderreceivinganExcessDistributionwithrespecttotheExcessDistributionUnituntiltheaggregateamountofsuchitemsallocatedwithrespecttosuchExcessDistributionUnitpursuanttothisSection6.1(d)(iii)(A)forthecurrenttaxableperiodandallprevioustaxableperiodsisequaltotheamountoftheExcessDistribution;and(2)theGeneralPartnershallbeallocatedgrossincomeandgainwithrespecttoeachsuchExcessDistributioninanamountequaltotheproductobtainedbymultiplying(aa)thequotientdeterminedbydividing(x)theGeneralPartner’sPercentageInterestatthetimewhentheExcessDistributionoccursby(y)apercentageequalto100%lesstheGeneralPartner’sPercentageInterestatthetimewhentheExcessDistributionoccurs,times(bb)thetotalamountallocatedinclause(1)abovewithrespecttosuchExcessDistribution.

(B)AftertheapplicationofSection6.1(d)(iii)(A),theremainingitemsofPartnershipincomeorgainforthetaxableperiod,ifany,shallbeallocated(1)totheholdersofIncentiveDistributionRights,ProRata,untiltheaggregateamountofsuchitemsallocatedtotheholdersofIncentiveDistributionRightspursuanttothisSection6.1(d)(iii)(B)forthecurrenttaxableperiodandallprevioustaxableperiodsisequaltothecumulativeamountofallIncentiveDistributionsmadetotheholdersofIncentiveDistributionRightsfromtheIPOClosingDatetoadate45daysaftertheendofthecurrenttaxableperiod;and(2)totheGeneralPartneranamountequaltotheproductof(aa)anamountequaltothequotientdeterminedbydividing(x)theGeneralPartner’sPercentageInterestby(y)thesumof100lesstheGeneralPartner’sPercentageInteresttimes(bb)thesumoftheamountsallocatedinclause(1)above.

(iv)Qualified Income Offset .IntheeventanyPartnerunexpectedlyreceivesanyadjustments,allocationsordistributionsdescribedinTreasuryRegulationSections1.704-1(b)(2)(ii)(d)(4),1.704-1(b)(2)(ii)(d)(5),or1.704-1(b)(2)(ii)(d)(6),itemsofPartnershipgrossincomeandgainshallbespeciallyallocatedtosuchPartnerinanamountandmannersufficienttoeliminate,totheextentrequiredbytheTreasuryRegulationspromulgatedunderSection704(b)oftheCode,thedeficitbalance,ifany,initsAdjustedCapitalAccountcreatedbysuchadjustments,allocationsordistributionsasquicklyaspossible;provided ,thatanallocationpursuanttothisSection6.1(d)(iv)shallbemadeonlyifandtotheextentthatsuchPartnerwouldhaveadeficitbalanceinitsAdjustedCapitalAccountasadjustedafterallotherallocationsprovidedforinthisSection6.1havebeententativelymadeasifthisSection6.1(d)(iv)werenotinthisAgreement.

(v)Gross Income Allocations .IntheeventanyPartnerhasadeficitbalanceinitsCapitalAccountattheendofanytaxableperiodinexcessofthesumof(A)theamountsuchPartnerisrequiredtorestorepursuanttotheprovisionsofthisAgreementand(B)theamountsuchPartnerisdeemedobligatedtorestorepursuanttoTreasuryRegulationSections1.704-2(g)and1.704-2(i)(5),suchPartnershallbespeciallyallocateditemsofPartnershipgrossincomeandgainintheamountofsuchexcessasquicklyaspossible;provided ,thatanallocationpursuanttothisSection6.1(d)(v)shallbemadeonlyifandtotheextentthatsuchPartnerwouldhaveadeficitbalanceinitsCapitalAccountasadjustedafterallotherallocationsprovidedforinthisSection6.1havebeententativelymadeasifSection6.1(d)(iv)andthisSection6.1(d)(v)werenotinthisAgreement.

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(vi)Nonrecourse Deductions .NonrecourseDeductionsforanytaxableperiodshallbeallocatedtothePartnersProRata.IftheGeneralPartnerdeterminesthatthePartnership’sNonrecourseDeductionsshouldbeallocatedinadifferentratiotosatisfythesafeharborrequirementsoftheTreasuryRegulationspromulgatedunderSection704(b)oftheCode,theGeneralPartnerisauthorized,uponnoticetotheotherPartners,torevisetheprescribedratiotothenumericallyclosestratiothatdoessatisfysuchrequirements.

(vii)Partner Nonrecourse Deductions .PartnerNonrecourseDeductionsforanytaxableperiodshallbeallocated100%tothePartnerthatbearstheEconomicRiskofLosswithrespecttothePartnerNonrecourseDebttowhichsuchPartnerNonrecourseDeductionsareattributableinaccordancewithTreasuryRegulationSection1.704-2(i).IfmorethanonePartnerbearstheEconomicRiskofLosswithrespecttoaPartnerNonrecourseDebt,suchPartnerNonrecourseDeductionsattributabletheretoshallbeallocatedbetweenoramongsuchPartnersinaccordancewiththeratiosinwhichtheysharesuchEconomicRiskofLoss.

(viii)Nonrecourse Liabilities .ForpurposesofTreasuryRegulationSection1.752-3(a)(3),thePartnersagreethatNonrecourseLiabilitiesofthePartnershipinexcessofthesumof(A)theamountofPartnershipMinimumGainand(B)thetotalamountofNonrecourseBuilt-inGainshallbeallocatedamongthePartnersProRata.

(ix)Code Section 754 Adjustments .TotheextentanadjustmenttotheadjustedtaxbasisofanyPartnershipassetpursuanttoSection734(b)or743(b)oftheCodeisrequired,pursuanttoTreasuryRegulationSection1.704-1(b)(2)(iv)(m),tobetakenintoaccountindeterminingCapitalAccounts,theamountofsuchadjustmenttotheCapitalAccountsshallbetreatedasanitemofgain(iftheadjustmentincreasesthebasisoftheasset)orloss(iftheadjustmentdecreasessuchbasis),andsuchitemofgainorlossshallbespeciallyallocatedtothePartnersinamannerconsistentwiththemannerinwhichtheirCapitalAccountsarerequiredtobeadjustedpursuanttosuchSectionoftheTreasuryRegulations.

(x)Economic Uniformity; Changes in Law .

(A)Reserved.

(B)WithrespecttoaneventtriggeringanadjustmenttotheCarryingValueofPartnershippropertypursuanttoSection5.5(d)duringanytaxableperiodofthePartnershipendingupon,orafter,theissuanceofIDRResetCommonUnitspursuanttoSection5.11orofPost-InitialIssuanceSeriesBUnits,anyUnrealizedGainsandUnrealizedLossesshallbeallocatedamongthePartnersinamannerthattothenearestextentpossibleresultsintheCapitalAccountsmaintainedwithrespecttoallIDRResetCommonUnitsandPost-

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InitialIssuanceSeriesBUnitsequalingtheproductof(i)theAggregateQuantityofIDRResetCommonUnitsandthetotalPost-InitialIssuanceSeriesBUnitsOutstandingand(ii)thePerUnitCapitalAmountforanIPOCommonUnitthatisOutstanding.

(C)WithrespecttoanytaxableperiodduringwhichanIDRResetCommonUnitistransferredtoanyPersonwhoisnotanAffiliateofthetransferor,alloraportionoftheremainingitemsofPartnershipgrossincomeorgainforsuchtaxableperiodshallbeallocated100%tothetransferorPartnerofsuchtransferredIDRResetCommonUnituntilsuchtransferorPartnerhasbeenallocatedanamountofgrossincomeorgainthatincreasestheCapitalAccountmaintainedwithrespecttosuchtransferredIDRResetCommonUnittoanamountequaltothePerUnitCapitalAmountforanIPOCommonUnit.

(D)FortheproperadministrationofthePartnershipandforthepreservationofuniformityoftheLimitedPartnerInterests(oranyclassorclassesthereof),theGeneralPartnershall(i)adoptsuchconventionsasitdeemsappropriateindeterminingtheamountofdepreciation,amortizationandcostrecoverydeductions;(ii)makespecialallocationsofincome,gain,loss,deduction,UnrealizedGainorUnrealizedLoss;and(iii)amendtheprovisionsofthisAgreementasappropriate(x)toreflecttheproposalorpromulgationofTreasuryRegulationsunderSection704(b)orSection704(c)oftheCodeor(y)otherwisetopreserveorachieveuniformityoftheLimitedPartnerInterests(oranyclassorclassesthereof).TheGeneralPartnermayadoptsuchconventions,makesuchallocationsandmakesuchamendmentstothisAgreementasprovidedinthisSection6.1(d)(x)(D)onlyifsuchconventions,allocationsoramendmentswouldnothaveamaterialadverseeffectonthePartners,theholdersofanyclassorclassesofLimitedPartnerInterestsissuedandOutstandingorthePartnership,andifsuchallocationsareconsistentwiththeprinciplesofSection704oftheCode.

(E)AttheelectionoftheGeneralPartner,afterapplicationofSection5.5(d)(iii),withrespecttoanytaxableperiodendingupon,orafter,theconversionoftheSeriesBUnitsintoCommonUnits,alloraportionoftheremainingitemsofPartnershipgrossincomeorgainforsuchtaxableperiodshallbeallocatedtoeachPartnerholdingSeriesBConversionUnitsintheproportionofthenumberofSeriesBConversionUnitsheldbysuchPartnertothetotalnumberofSeriesBConversionUnitsthenoutstanding,untileachsuchPartnerhasbeenallocatedanamountofgrossincomeorgainthatincreasestheCapitalAccountmaintainedwithrespecttosuchSeriesBConversionUnitstoanamountthat,aftertakingintoaccounttheotherallocationsofincome,gain,lossanddeductiontobemadewithrespecttosuchtaxableperiod,willequaltotheproductof(i)thenumberofSeriesBConversionUnitsheldbysuchPartnerand(ii)thePerUnitCapitalAmountforaCommonUnitthatisnotaPost-InitialIssuanceSeriesBUnit.ThepurposeofthisallocationistoestablishuniformitybetweentheCapitalAccountsunderlyingSeriesBConversionUnitsandtheCapitalAccountsunderlyingCommonUnitsthatarenotSeriesBConversionUnits.

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(xi)Curative Allocation .

(A)NotwithstandinganyotherprovisionofthisSection6.1,otherthantheRequiredAllocations,theRequiredAllocationsshallbetakenintoaccountinmakingtheAgreedAllocationssothat,totheextentpossible,thenetamountofitemsofgrossincome,gain,lossanddeductionallocatedtoeachPartnerpursuanttotheRequiredAllocationsandtheAgreedAllocations,together,shallbeequaltothenetamountofsuchitemsthatwouldhavebeenallocatedtoeachsuchPartnerundertheAgreedAllocationshadtheRequiredAllocationsandtherelatedCurativeAllocationnototherwisebeenprovidedinthisSection6.1.Notwithstandingtheprecedingsentence,RequiredAllocationsrelatingto(1)NonrecourseDeductionsshallnotbetakenintoaccountexcepttotheextentthattherehasbeenadecreaseinPartnershipMinimumGainand(2)PartnerNonrecourseDeductionsshallnotbetakenintoaccountexcepttotheextentthattherehasbeenadecreaseinPartnerNonrecourseDebtMinimumGain.InexercisingitsdiscretionunderthisSection6.1(d)(xi)(A),theGeneralPartnermaytakeintoaccountfutureRequiredAllocationsthat,althoughnotyetmade,arelikelytooffsetotherRequiredAllocationspreviouslymade.AllocationspursuanttothisSection6.1(d)(xi)(A)shallonlybemadewithrespecttoRequiredAllocationstotheextenttheGeneralPartnerdeterminesthatsuchallocationswillotherwisebeinconsistentwiththeeconomicagreementamongthePartners.Further,allocationspursuanttothisSection6.1(d)(xi)(A)shallbedeferredwithrespecttoallocationspursuanttoclauses(1)and(2)hereoftotheextenttheGeneralPartnerdeterminesthatsuchallocationsarelikelytobeoffsetbysubsequentRequiredAllocations.

(B)TheGeneralPartnershall,withrespecttoeachtaxableperiod,(1)applytheprovisionsofSection6.1(d)(xi)(A)inwhateverorderismostlikelytominimizetheeconomicdistortionsthatmightotherwiseresultfromtheRequiredAllocations,and(2)divideallallocationspursuanttoSection6.1(d)(xi)(A)amongthePartnersinamannerthatislikelytominimizesucheconomicdistortions.

(xii)Corrective and other Allocations .IntheeventofanyallocationofAdditionalBookBasisDerivativeItemsoranyBook-DownEventoranyrecognitionofaNetTerminationLoss,thefollowingrulesshallapply:

(A)ExceptasprovidedinSection6.1(d)(xi)(B),inthecaseofanyallocationofAdditionalBookBasisDerivativeItems(otherthananallocationofUnrealizedGainorUnrealizedLossunderSection5.5(d)),theGeneralPartnershallallocatesuchAdditionalBookBasisDerivativeItems(1)totheholdersofIncentiveDistributionRightsandtheGeneralPartnertothesameextentthattheUnrealizedGainorUnrealizedLossgivingrisetosuchAdditionalBookBasisDerivativeItemswasallocatedtothempursuanttoSection5.5(d)and(2)toallUnitholders,ProRata,totheextentthattheUnrealizedGainorUnrealizedLossgivingrisetosuchAdditionalBookBasisDerivativeItemswasallocatedtoanyUnitholderspursuanttoSection5.5(d).

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(B)InthecaseofanyallocationofAdditionalBookBasisDerivativeItems(otherthananallocationofUnrealizedGainorUnrealizedLossunderSection5.5(d)oranallocationofNetTerminationGainorNetTerminationLosspursuanttoSection6.1(c))asaresultofasaleorothertaxabledispositionofanyPartnershipassetthatisanAdjustedPropertyincluding,forthispurpose,inventory(“Disposed of Adjusted Property ”),theGeneralPartnershallallocate(1)additionalitemsofgrossincomeandgain(aa)awayfromtheholdersofIncentiveDistributionRightsand(bb)totheUnitholders,or(2)additionalitemsofdeductionandloss(aa)awayfromtheUnitholdersand(bb)totheholdersofIncentiveDistributionRights,totheextentthattheAdditionalBookBasisDerivativeItemswithrespecttotheDisposedofAdjustedProperty(determinedinaccordancewiththelastsentenceofthedefinitionofAdditionalBookBasisDerivativeItems)treatedashavingbeenallocatedtotheUnitholderspursuanttothisSection6.1(d)(xii)(B)exceedtheirShareofAdditionalBookBasisDerivativeItemswithrespecttosuchDisposedofAdjustedProperty.ForpurposesofthisSection6.1(d)(xii)(B)theUnitholdersshallbetreatedashavingbeenallocatedAdditionalBookBasisDerivativeItemstotheextentthatsuchAdditionalBookBasisDerivativeItemshavereducedtheamountofincomethatwouldotherwisehavebeenallocatedtotheUnitholdersunderthePartnershipAgreement(e.g. ,AdditionalBookBasisDerivativeItemstakenintoaccountincomputingcostofgoodssoldwouldreducetheamountofbookincomeotherwiseavailableforallocationamongthePartners).AnyallocationmadepursuanttothisSection6.1(d)(xii)(B)shallbemadeafteralloftheotherAgreedAllocationshavebeenmadeasifthisSection6.1(d)(xii)werenotinthisAgreementand,totheextentnecessary,shallrequirethereallocationofitemsthathavebeenallocatedpursuanttosuchotherAgreedAllocations.

(C)InthecaseofanynegativeadjustmentstotheCapitalAccountsofthePartnersresultingfromaBook-DownEventorfromtherecognitionofaNetTerminationLoss,suchnegativeadjustment(1)shallfirstbeallocated,totheextentoftheAggregateRemainingNetPositiveAdjustments,insuchamanner,asdeterminedbytheGeneralPartner,thattotheextentpossibletheaggregateCapitalAccountsofthePartnerswillequaltheamountthatwouldhavebeentheCapitalAccountbalancesofthePartnersifnopriorBook-UpEventshadoccurred,and(2)anynegativeadjustmentinexcessoftheAggregateRemainingNetPositiveAdjustmentsshallbeallocatedpursuanttoSection6.1(c)hereof.InallocatingNetTerminationLosspursuanttothisSection6.1(d)(xii)(C),theGeneralPartnershallattempt,totheextentpossible,tocausetheCapitalAccountsoftheUnitholders,ontheonehand,andholdersoftheIncentiveDistributionRights,ontheotherhand,toequaltheamounttheywouldequalif(i)theCarryingValuesofthePartnership’spropertyhadnotbeenpreviouslyadjustedinconnectionwithanypriorBook-UpEvents,(ii)UnrealizedGainandUnrealizedLoss(or,inthecaseofaliquidation,LiquidationGainorLiquidation

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Loss)withrespecttosuchPartnershipPropertyweredeterminedwithrespecttosuchunadjustedCarryingValues,and(iii)anyresultingNetTerminationGainhadbeenallocatedpursuanttoSection6.1(c)(i)(including,fortheavoidanceofdoubt,takingintoaccounttheprovisionssetforthinthelastsentenceofSection6.1(c)(i)).

(D)InmakingtheallocationsrequiredunderthisSection6.1(d)(xii),theGeneralPartnermayapplywhateverconventionsorothermethodologyitdetermineswillsatisfythepurposeofthisSection6.1(d)(xii).Withoutlimitingtheforegoing,ifanAdjustedPropertyiscontributedbythePartnershiptoanotherentityclassifiedasapartnershipforU.S.federalincometaxpurposes(the“lower tier partnership ”),theGeneralPartnermaymakeallocationssimilartothosedescribedinSection6.1(d)(xii)(A),(B),and(C)totheextenttheGeneralPartnerdeterminessuchallocationsarenecessarytoaccountforthePartnership’sallocableshareofincome,gain,lossanddeductionofthelowertierpartnershipthatrelatetothecontributedAdjustedPropertyinamannerthatisconsistentwiththepurposeofthisSection6.1(d)(xii).

(xiii)Special Cost Recovery Deductions .ForanytaxableperiodendingaftertheeffectivetimeofthetransactionscontemplatedbytheContributionAgreement,anyandallcostrecoverydeductionsavailabletothePartnershipwithrespecttotheunderlyingPartnershipassetsattributabletotheincreaseintheCapitalAccountoftheGeneralPartnerpursuanttotheContributionAgreement(the“GP Assets ”)may,attheGeneralPartner’sdiscretion,inwholeorinpart,beallocatedtotheGeneralPartneruntiltheportionoftheCapitalAccountattributabletotheGPAssetsisreducedtozero.

(xiv)Redemption or Call of Series A Preferred Units, Series C Preferred Units or Series E Preferred Units .NotwithstandinganyotherprovisionofthisSection6.1(otherthantheRegulatoryAllocations),withrespecttoanytaxableperiodduringwhichSeriesAPreferredUnitsareredeemedorcalledpursuanttothetermsofSection5.12(b)(viii)(F)orSection5.12(c),SeriesCPreferredUnitsareredeemedorcalledpursuanttothetermsofSection5.14(b)(viii)(G)orSection5.14(c),SeriesDPreferredUnitsarecalledpursuanttothetermsofSection5.15(c)orSeriesEPreferredUnitsareredeemedorcalledpursuanttothetermsofSection5.16(b)(viii)(F)orSection5.16(c),eachPartnerholdingredeemedorcalledSeriesAPreferredUnits,SeriesCPreferredUnitsorSeriesEPreferredUnitsshall,totheextentnecessaryaftertheallocationofUnrealizedGainandUnrealizedLosspursuanttoSection5.5(d)(ii),beallocateditemsofincome,gain,lossanddeductioninamannerthatresultsintheCapitalAccountbalanceofeachsuchPartnerattributabletoitsredeemedorcalledSeriesAPreferredUnits,SeriesCPreferredUnitsorSeriesEPreferredUnits,asappropriate,immediatelypriortosuchredemption(andaftertakingintoaccountanyapplicableRegulatoryAllocations)toequal(i)theamountofcashpaidtosuchPartnerinredemptionofsuchSeriesAPreferredUnits,SeriesCPreferredUnitsorSeriesEPreferredUnits,asappropriate,and(ii)theproductofthenumberofCommonUnitsreceivedintheredemptionandthePerUnitCapitalAmountforathenOutstandingCommonUnit.

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Section6.2AllocationsforTaxPurposes.

(a)Exceptasotherwiseprovidedherein,forfederalincometaxpurposes,eachitemofincome,gain,lossanddeductionshallbeallocatedamongthePartnersinthesamemannerasitscorrelativeitemof“book”income,gain,lossordeductionisallocatedpursuanttoSection6.1.

(b)InanattempttoeliminateBook-TaxDisparitiesattributabletoaContributedPropertyorAdjustedProperty,itemsofincome,gain,loss,depreciation,amortizationandcostrecoverydeductionsshallbeallocatedforfederalincometaxpurposesamongthePartnersinthemannerprovidedunderSection704(c)oftheCode,andtheTreasuryRegulationspromulgatedunderSection704(b)and704(c)oftheCode,asdeterminedappropriatebytheGeneralPartner(takingintoaccounttheGeneralPartner’sdiscretionunderSection6.1(d)(x)(D));provided ,thattheGeneralPartnershallapplytheprinciplesofTreasuryRegulationSection1.704-3(d)inallevents.

(c)TheGeneralPartnermaydeterminetodepreciateoramortizetheportionofanadjustmentunderSection743(b)oftheCodeattributabletounrealizedappreciationinanyAdjustedProperty(totheextentoftheunamortizedBook-TaxDisparity)usingapredeterminedratederivedfromthedepreciationoramortizationmethodandusefullifeappliedtotheUnamortizedBook-TaxDisparityofsuchproperty,despiteanyinconsistencyofsuchapproachwithTreasuryRegulationSection1.167(c)-l(a)(6)oranysuccessorregulationsthereto.IftheGeneralPartnerdeterminesthatsuchreportingpositioncannotreasonablybetaken,theGeneralPartnermayadoptdepreciationandamortizationconventionsunderwhichallpurchasersacquiringLimitedPartnerInterestsinthesamemonthwouldreceivedepreciationandamortizationdeductions,baseduponthesameapplicablerateasiftheyhadpurchasedadirectinterestinthePartnership’sproperty.IftheGeneralPartnerchoosesnottoutilizesuchaggregatemethod,theGeneralPartnermayuseanyotherdepreciationandamortizationconventionstopreservetheuniformityoftheintrinsictaxcharacteristicsofanyLimitedPartnerInterests,solongassuchconventionswouldnothaveamaterialadverseeffectontheLimitedPartnersortheRecordHoldersofanyclassorclassesofLimitedPartnerInterests.

(d)InaccordancewithTreasuryRegulationSections1.1245-1(e)and1.1250-1(f),anygainallocatedtothePartnersuponthesaleorothertaxabledispositionofanyPartnershipassetshall,totheextentpossible,aftertakingintoaccountotherrequiredallocationsofgainpursuanttothisSection6.2,becharacterizedasRecaptureIncomeinthesameproportionsandtothesameextentassuchPartners(ortheirpredecessorsininterest)havebeenallocatedanydeductionsdirectlyorindirectlygivingrisetothetreatmentofsuchgainsasRecaptureIncome.

(e)InaccordancewithTreasuryRegulationSections1.704-1(b)(2)(iv)(s)and1.704-1(b)(4)(x),ifCapitalAccountbalancesarereallocatedamongPartnersinaccordancewithSection5.5(d)(iii),beginningwiththeyearofreallocationandcontinuinguntiltheallocationsrequiredarefullytakenintoaccount,thePartnershipwillmakecorrectiveallocationstotakeintoaccounttheCapitalAccountreallocation.

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(f)Allitemsofincome,gain,loss,deductionandcreditrecognizedbythePartnershipforfederalincometaxpurposesandallocatedtothePartnersinaccordancewiththeprovisionshereofshallbedeterminedwithoutregardtoanyelectionunderSection754oftheCodethatmaybemadebythePartnership;provided ,however ,thatsuchallocations,oncemade,shallbeadjusted(inthemannerdeterminedbytheGeneralPartner)totakeintoaccountthoseadjustmentspermittedorrequiredbySections734and743oftheCode.

(g)EachitemofPartnershipincome,gain,lossanddeduction,forfederalincometaxpurposes,shallbedeterminedforeachtaxableperiodandproratedonamonthlybasisandshallbeallocatedtothePartnersasoftheopeningoftheNationalSecuritiesExchangeonwhichthePartnershipInterestsarelistedoradmittedtotradingonthefirstBusinessDayofeachmonth;

provided ,however ,thatgainorlossonasaleorotherdispositionofanyassetsofthePartnershiporanyotherextraordinaryitemofincomeorlossrealizedandrecognizedotherthanintheordinarycourseofbusiness,asdeterminedbytheGeneralPartner,shallbeallocatedtothePartnersasoftheopeningoftheNationalSecuritiesExchangeonwhichthePartnershipInterestsarelistedoradmittedtotradingonthefirstBusinessDayofthemonthinwhichsuchgainorlossisrecognizedforfederalincometaxpurposes.TheGeneralPartnermayrevise,alterorotherwisemodifysuchmethodsofallocationtotheextentpermittedorrequiredbySection706oftheCodeandtheregulationsorrulingspromulgatedthereunder.

(h)AllocationsthatwouldotherwisebemadetoaLimitedPartnerundertheprovisionsofthisArticleVIshallinsteadbemadetothebeneficialownerofLimitedPartnerInterestsheldbyanomineeinanycaseinwhichthenomineehasfurnishedtheidentityofsuchownertothePartnershipinaccordancewithSection6031(c)oftheCodeoranyothermethoddeterminedbytheGeneralPartner.

(i)If,asaresultofanexerciseofaNoncompensatoryOption,aCapitalAccountreallocationisrequiredunderTreasuryRegulationSection1.704-1(b)(2)(iv)(s)(3),theGeneralPartnershallmakecorrectiveallocationspursuanttoTreasuryRegulationSection1.704-1(b)(4)(x).

Section6.3RequirementandCharacterizationofDistributions;DistributionstoRecordHolders.

(a)ExceptasdescribedinSection6.3(b)orSection6.3(c),within45daysfollowingtheendofeachQuarter,anamountequalto100%ofAvailableCashwithrespecttosuchQuartershallbedistributedinaccordancewiththisArticleVIbythePartnershiptothePartnersasoftheRecordDateselectedbytheGeneralPartner.AllamountsofAvailableCashdistributedbythePartnershiponanydatefollowingtheIPOClosingDatefromanysourceshallbedeemedtobeOperatingSurplusuntilthesumofallamountsofAvailableCashdistributedbythePartnershiptothePartnersfollowingtheIPOClosingDatepursuanttoSection6.4(b)equalstheOperatingSurplusfromtheIPOClosingDatethroughthecloseoftheimmediatelyprecedingQuarter.AnyremainingamountsofAvailableCashdistributedbythePartnershiponsuchdateshall,exceptasotherwiseprovidedinSection6.5,bedeemedtobe“CapitalSurplus.”NotwithstandinganyotherprovisionofthisAgreement,alldistributionsrequiredtobemade

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underthisAgreementorotherwisemadebythePartnershipshallbemadesubjecttoSections17-607and17-804oftheDelawareAct.NotwithstandinganyprovisiontothecontrarycontainedinthisAgreement,thePartnershipshallnotberequiredtomakeadistributiontoanyPartneronaccountofitsinterestinthePartnershipifsuchdistributionwouldviolatetheDelawareActoranyotherapplicablelaw.

(b)NotwithstandingSection6.3(a),intheeventofthedissolutionandliquidationofthePartnership,allcashreceivedduringoraftertheQuarterinwhichtheLiquidationDateoccurs,otherthanfromWorkingCapitalBorrowings,shallbeappliedanddistributedsolelyinaccordancewith,andsubjecttothetermsandconditionsof,Section12.4.

(c)TheGeneralPartnermaytreattaxespaidbythePartnershiponbehalfof,oramountswithheldwithrespectto,allorlessthanallofthePartners,asadistributionofAvailableCashtosuchPartners.

(d)EachdistributioninrespectofaPartnershipInterestshallbepaidbythePartnership,directlyorthroughtheTransferAgentorthroughanyotherPersonoragent,onlytotheRecordHolderofsuchPartnershipInterestasoftheRecordDatesetforsuchdistribution.SuchpaymentshallconstitutefullpaymentandsatisfactionofthePartnership’sliabilityinrespectofsuchpayment,regardlessofanyclaimofanyPersonwhomayhaveaninterestinsuchpaymentbyreasonofanassignmentorotherwise.

Section6.4DistributionsofAvailableCashfromOperatingSurplus.

(a)Reserved.

(b)AvailableCashwithrespecttoanyQuarterthatisdeemedtobeOperatingSurpluspursuanttotheprovisionsofSection6.3orSection6.5shall,subjecttoSection17-607oftheDelawareAct,bedistributedasfollows,exceptasotherwisecontemplatedbySection5.6inrespectofotherPartnershipInterestsorothersecuritiesissuedpursuantthereto:

(i)First ,(x)totheGeneralPartnerinaccordancewithitsPercentageInterestand(y)totheUnitholdersholdingCommonUnits,ProRata,apercentageequalto100%lesstheGeneralPartner’sPercentageInterestuntiltherehasbeendistributedinrespectofeachCommonUnitthenOutstandinganamountequaltotheMinimumQuarterlyDistributionforsuchQuarter;

(ii)Second ,(x)totheGeneralPartnerinaccordancewithitsPercentageInterestand(y)totheUnitholdersholdingCommonUnits,ProRata,apercentageequalto100%lesstheGeneralPartner’sPercentageInterestuntiltherehasbeendistributedinrespectofeachCommonUnitthenOutstandinganamountequaltotheCumulativeCommonUnitArrearageexistingwithrespecttosuchCommonUnit;and

(iii)Thereafter,(A)totheGeneralPartnerinaccordancewithitsPercentageInterest;(B)48%totheholdersoftheIncentiveDistributionRights,ProRata;and(C)toallUnitholdersholdingCommonUnits,ProRata,apercentageequalto100%lessthesumofthepercentagesapplicabletosubclauses(A)and(B)ofthisclause(iii);

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provided ,however ,thatiftheMinimumQuarterlyDistributionhasbeenreducedtozeropursuanttothesecondsentenceofSection6.6(a),thedistributionofAvailableCashthatisdeemedtobeOperatingSurpluswithrespecttoanyQuarterwillbemadesolelyinaccordancewithSection6.4(b)(iii).

Section6.5DistributionsofAvailableCashfromCapitalSurplus.

AvailableCashwithrespecttoanyQuarterendingonoraftertheIPOClosingDatethatisdeemedtobeCapitalSurpluspursuanttotheprovisionsofSection6.3(a)shall,subjecttoSection17-607oftheDelawareAct,bedistributed,unlesstheprovisionsofSection6.3requireotherwise,100%totheGeneralPartnerandtheUnitholders,ProRata,untiltheMinimumQuarterlyDistributionhasbeenreducedtozeropursuanttothesecondsentenceofSection6.6(a).AvailableCashthatisdeemedtobeCapitalSurplusshallthenbedistributed(a)totheGeneralPartnerinaccordancewithitsPercentageInterestand(b)toallUnitholdersholdingCommonUnits,ProRata,apercentageequalto100%lesstheGeneralPartner’sPercentageInterest,untiltherehasbeendistributedinrespectofeachCommonUnitthenOutstandinganamountequaltotheCumulativeCommonUnitArrearage.Thereafter,allAvailableCashshallbedistributedasifitwereOperatingSurplusandshallbedistributedinaccordancewithSection6.4.

Section6.6AdjustmentofMinimumQuarterlyDistribution.

(a)TheMinimumQuarterlyDistribution,CommonUnitArrearagesandCumulativeCommonUnitArrearagesshallbeproportionatelyadjustedintheeventofanydistribution,combinationorsubdivision(whethereffectedbyadistributionpayableinUnitsorotherwise)ofUnitsorotherPartnershipInterests.IntheeventofadistributionofAvailableCashthatisdeemedtobefromCapitalSurplus,thethenapplicableMinimumQuarterlyDistributionshallbereducedinthesameproportionthatthedistributionhadtothefairmarketvalueoftheCommonUnitsimmediatelypriortotheannouncementofthedistribution.IftheCommonUnitsarepubliclytradedonaNationalSecuritiesExchange,thefairmarketvaluewillbetheCurrentMarketPricebeforetheex-dividenddate.IftheCommonUnitsarenotpubliclytraded,thefairmarketvaluewillbedeterminedbytheBoardofDirectors.

(b)TheMinimumQuarterlyDistributionshallalsobesubjecttoadjustmentpursuanttoSection5.11andSection6.9.

Section6.7Reserved.

Section6.8SpecialProvisionsRelatingtotheHoldersofIncentiveDistributionRights.

(a)NotwithstandinganythingtothecontrarysetforthinthisAgreement,theholdersoftheIncentiveDistributionRights(i)shall(A)possesstherightsandobligationsprovidedinthisAgreementwithrespecttoaLimitedPartnerpursuanttoArticleIIIandArticleVIIand(B)haveaCapitalAccountasaPartnerpursuanttoSection5.5andallotherprovisionsrelatedtheretoand(ii)shallnot(A)beentitledtovoteonanymattersrequiringtheapprovalorvoteoftheholdersofOutstandingUnits,exceptasprovidedbylaworcontemplatedbySection11.2,(B)beentitledtoanydistributionsotherthanasprovidedinSection6.4(b)(ii)andSection12.4or(C)beallocateditemsofincome,gain,lossordeductionotherthanasspecifiedinthisArticleVI.

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(b)TheUnitholderholdingCommonUnitsthathaveresultedfromtheconversionofIncentiveDistributionRightspursuanttoSection5.11shallnotbeissuedaCommonUnitCertificatepursuanttoSection4.1iftheCommonUnitsareevidencedbyCertificates,andshallnotbepermittedtotransfersuchCommonUnittoaPersonthatisnotanAffiliateoftheholderuntilsuchtimeastheGeneralPartnerdetermines,basedonadviceofcounsel,thateachsuchCommonUnitshouldhave,asasubstantivematter,likeintrinsiceconomicandU.S.federalincometaxcharacteristics,inallmaterialrespects,totheintrinsiceconomicandU.S.federalincometaxcharacteristicsofanIPOCommonUnit.InconnectionwiththeconditionimposedbythisSection6.8(b),theGeneralPartnermaytakewhateverstepsarerequiredtoprovideeconomicuniformitytosuchCommonUnitsinpreparationforatransferofsuchCommonUnits,includingtheapplicationofSection5.5(c)(ii),Section6.1(d)(x)(B),orSection6.1(d)(x)(C);provided ,however ,thatnosuchstepsmaybetakenthatwouldhaveamaterialadverseeffectontheUnitholdersholdingCommonUnits.

Section6.9Entity-LevelTaxation.

Iflegislationisenactedortheofficialinterpretationofexistinglegislationismodifiedbyagovernmentalauthority,whichaftergivingeffecttosuchenactmentormodification,resultsinaGroupMemberbecomingsubjecttofederal,stateorlocalornon-U.S.incomeorwithholdingtaxesinexcessoftheamountofsuchtaxesduefromtheGroupMemberpriortosuchenactmentormodification(including,fortheavoidanceofdoubt,anyincreaseintherateofsuchtaxationapplicabletotheGroupMember),thentheGeneralPartnermay,initssolediscretion,reducetheMinimumQuarterlyDistributionbytheamountofincomeorwithholdingtaxesthatarepayablebyreasonofanysuchnewlegislationorinterpretation(the“Incremental Income Taxes ”),oranyportionthereofselectedbytheGeneralPartner,inthemannerprovidedinthisSection6.9.IftheGeneralPartnerelectstoreducetheMinimumQualityDistributionforanyQuarterwithrespecttoalloraportionofanyIncrementalIncomeTaxes,theGeneralPartnershallestimateforsuchQuarterthePartnershipGroup’saggregateliability(the“Estimated Incremental Quarterly Tax Amount ”)forall(ortherelevantportionof)suchIncrementalIncomeTaxes;providedthatanydifferencebetweensuchestimateandtheactualliabilityforIncrementalIncomeTaxes(ortherelevantportionthereof)forsuchQuartermay,totheextentdeterminedbytheGeneralPartner,betakenintoaccountindeterminingtheEstimatedIncrementalQuarterlyTaxAmountwithrespecttoeachQuarterinwhichanysuchdifferencecanbedetermined.ForeachsuchQuarter,theMinimumQuarterlyDistributionshallbetheproductobtainedbymultiplying(a)thethenapplicableMinimumQuarterlyDistributiontimes(b)thequotientobtainedbydividing(i)AvailableCashwithrespecttosuchQuarterby(ii)thesumofAvailableCashwithrespecttosuchQuarterandtheEstimatedIncrementalQuarterlyTaxAmountforsuchQuarter,asdeterminedbytheGeneralPartner.Forpurposesoftheforegoing,AvailableCashwithrespecttoaQuarterwillbedeemedreducedbytheEstimatedIncrementalQuarterlyTaxAmountforthatQuarter.

Section6.10SpecialProvisionsRelatingtoSeriesAUnitholders,SeriesBUnitholders,SeriesCUnitholders,SeriesDUnitholdersandSeriesEUnitholders.

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(a)SubjecttotransferrestrictionsinSection4.8ofthisAgreement,aUnitholderholdingaSeriesAConversionUnit,aSeriesCConversionUnit,aSeriesDConversionUnitoraSeriesEConversionUnitshallprovidenoticetothePartnershipofanyTransferoftheSeriesAConversionUnit,theSeriesCConversionUnit,theSeriesDConversionUnitortheSeriesEConversionUnit,asapplicable,bytheearlierof(i)thirty(30)daysfollowingsuchTransferand(ii)thelastBusinessDayofthecalendaryearduringwhichsuchtransferoccurred,unless(x)thetransferistoanAffiliateofsuchUnitholderor(y)byvirtueoftheapplicationofSection5.5(d)(iii),thePartnershiphaspreviouslydetermined,basedontheadviceofcounsel,thattheSeriesAConversionUnit,theSeriesCConversionUnit,theSeriesDConversionUnitortheSeriesEConversionUnitshouldhave,asasubstantivematter,likeintrinsiceconomicandfederalincometaxcharacteristicsofanIPOCommonUnit.InconnectionwiththeconditionimposedbythisSection6.10,thePartnershipshalltakewhateverstepsarerequiredtoprovideeconomicuniformitytotheSeriesAConversionUnit,theSeriesCConversionUnit,theSeriesDConversionUnitortheSeriesEConversionUnitinpreparationforaTransferofsuchUnit;provided ,however ,thatnosuchstepsmaybetakenthatwouldhaveamaterialadverseeffectontheUnitholdersholdingCommonUnitsorSeriesBUnits(forthispurposetheallocationsofincome,gain,lossanddeductions,andthemakingofanyguaranteedpaymentsoranyreallocationofCapitalAccountbalancesamongthePartnersinaccordancewithSection5.5(d)(iii)hereofandTreasuryRegulationSection1.704-1(b)(2)(iv)(s)(4)withrespecttoSeriesAPreferredUnits,SeriesAConversionUnits,SeriesCPreferredUnits,SeriesCConversionUnits,SeriesDPreferredUnits,SeriesDConversionUnits,SeriesEPreferredUnits,orSeriesEConversionUnitswillbedeemednottohaveamaterialadverseeffectontheUnitholdersholdingCommonUnitsorSeriesBUnits).

(b)SubjecttotransferrestrictionsinSection4.8ofthisAgreement,aUnitholderholdingaSeriesBConversionUnitshallprovidenoticetothePartnershipofanyTransferoftheSeriesBConversionUnitbytheearlierof(i)thirty(30)daysfollowingsuchTransferand(ii)thelastBusinessDayofthecalendaryearduringwhichsuchTransferoccurred,unless(x)theTransferistoanAffiliateofsuchUnitholderor(y)byvirtueoftheapplicationofSection5.5(d)(iii)andSection6.1(d)(x),thePartnershiphaspreviouslydetermined,basedontheadviceofcounsel,thattheSeriesBConversionUnitshouldhave,asasubstantivematter,likeintrinsiceconomicandfederalincometaxcharacteristicsofanIPOCommonUnit.InconnectionwiththeconditionimposedbythisSection6.10,thePartnershipshalltakewhateverstepsarerequiredtoprovideeconomicuniformitytotheSeriesBConversionUnitinpreparationforaTransferofsuchUnit,includingthoseprovidedunderSection5.5(c)(iv);provided ,however ,thatnosuchstepsmaybetakenthatwouldhaveamaterialadverseeffectontheUnitholdersholdingCommonUnits,SeriesAPreferredUnits,SeriesCPreferredUnits,SeriesDPreferredUnitsorSeriesEPreferredUnits(forthispurposetheallocationsofincome,gain,lossanddeductions,andthemakingofanyguaranteedpaymentsoranyreallocationofCapitalAccountbalancesamongthePartnersinaccordancewithSection5.5(d)(iii)hereofandTreasuryRegulationSection1.704-1(b)(2)(iv)(s)(4)withrespecttoSeriesBUnitsorSeriesBConversionUnitswillbedeemednottohaveamaterialadverseeffectontheUnitholdersholdingCommonUnits,SeriesAPreferredUnits,SeriesCPreferred,SeriesDPreferredUnitsorSeriesEPreferredUnits).

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(c)NotwithstandinganythingtothecontrarysetforthinthisAgreement,theholdersoftheSeriesAPreferredUnits(a)shall(i)possesstherightsandobligationsprovidedinthisAgreementwithrespecttoaLimitedPartnerpursuanttoArticleIIIandArticleVIIand(ii)haveaCapitalAccountasaPartnerpursuanttoSection5.5andallotherprovisionsrelatedtheretoand(b)shallnot(i)beentitledtovoteonanymattersrequiringtheapprovalorvoteoftheholdersofOutstandingUnits,exceptasprovidedinSection5.12or(ii)beentitledtoanydistributionsotherthanasprovidedinSection5.12andArticleVI.NotwithstandinganythingtothecontrarysetforthinthisAgreement,theholdersoftheSeriesBUnits(a)shall(i)possesstherightsandobligationsprovidedinthisAgreementwithrespecttoaLimitedPartnerpursuanttoArticleIIIandArticleVIIand(ii)haveaCapitalAccountasaPartnerpursuanttoSection5.5andallotherprovisionsrelatedtheretoand(b)shallnot(i)beentitledtovoteonanymattersrequiringtheapprovalorvoteoftheholdersofOutstandingUnits,exceptasprovidedinSection5.13or(ii)beentitledtoanydistributionsotherthanasprovidedinSection5.13,ArticleVIandArticleXII.NotwithstandinganythingtothecontrarysetforthinthisAgreement,theholdersoftheSeriesCPreferredUnits(a)shall(i)possesstherightsandobligationsprovidedinthisAgreementwithrespecttoaLimitedPartnerpursuanttoArticleIIIandArticleVIIand(ii)haveaCapitalAccountasaPartnerpursuanttoSection5.5andallotherprovisionsrelatedtheretoand(b)shallnot(i)beentitledtovoteonanymattersrequiringtheapprovalorvoteoftheholdersofOutstandingUnits,exceptasprovidedinSection5.14or(ii)beentitledtoanydistributionsotherthanasprovidedinSection5.14,ArticleVIandArticleXII.NotwithstandinganythingtothecontrarysetforthinthisAgreement,theholdersoftheSeriesDPreferredUnits(a)shall(i)possesstherightsandobligationsprovidedinthisAgreementwithrespecttoaLimitedPartnerpursuanttoArticleIIIandArticleVIIand(ii)haveaCapitalAccountasaPartnerpursuanttoSection5.5andallotherprovisionsrelatedtheretoand(b)shallnot(i)beentitledtovoteonanymattersrequiringtheapprovalorvoteoftheholdersofOutstandingUnits,exceptasprovidedinSection5.15or(ii)beentitledtoanydistributionsotherthanasprovidedinSection5.15,ArticleVIandArticleXII.NotwithstandinganythingtothecontrarysetforthinthisAgreement,theholdersoftheSeriesEPreferredUnits(a)shall(i)possesstherightsandobligationsprovidedinthisAgreementwithrespecttoaLimitedPartnerpursuanttoArticleIIIandArticleVIIand(ii)haveaCapitalAccountasaPartnerpursuanttoSection5.5andallotherprovisionsrelatedtheretoand(b)shallnot(i)beentitledtovoteonanymattersrequiringtheapprovalorvoteoftheholdersofOutstandingUnits,exceptasprovidedinSection5.16or(ii)beentitledtoanydistributionsotherthanasprovidedinSection5.16,ArticleVIandArticleXII.

Section6.11SpecialProvisionsRelatingtoNoncompensatoryOptions.

SubjecttotransferrestrictionsinSection4.8ofthisAgreement,aUnitholderholdinganOptionUnitshallprovidenoticetothePartnershipofanyTransferoftheOptionUnitbytheearlierof(i)thirty(30)daysfollowingsuchTransferand(ii)thelastBusinessDayofthecalendaryearduringwhichsuchtransferoccurred,unless(x)thetransferistoanAffiliateofsuchUnitholderor(y)byvirtueoftheapplicationofSection5.5(d)(iii),thePartnershiphaspreviouslydetermined,basedontheadviceofcounsel,thattheOptionUnitshouldhave,asasubstantivematter,likeintrinsiceconomicandfederalincometaxcharacteristicsofanIPOCommonUnit.InconnectionwiththeconditionimposedbythisSection6.11,thePartnershipshalltakewhateverstepsarerequiredtoprovideeconomicuniformitytotheOptionUnitinpreparationforaTransferofsuchUnit;provided ,however ,thatnosuchstepsmaybetakenthatwouldhaveamaterialadverseeffectontheUnitholdersholdingCommonUnits(forthispurposetheallocationsofincome,gain,lossanddeductions,andthemakingofanyguaranteedpaymentsoranyreallocationofCapitalAccountbalancesamongthePartnersinaccordancewithSection5.5(d)(iii)hereofandTreasuryRegulationSection1.704-1(b)(2)(iv)(s)(4)withrespecttoOptionUnitswillbedeemednottohaveamaterialadverseeffectontheUnitholdersholdingCommonUnits).55 NTD:ThisSection6.11isbasedonSection6.10(a)ratherthanthelanguagesentbyGibsonDunntax.

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ARTICLE VII

MANAGEMENT AND OPERATION OF BUSINESS

Section7.1Management.

(a)TheGeneralPartnershallconduct,directandmanageallactivitiesofthePartnership.ExceptasotherwiseexpresslyprovidedinthisAgreement,butwithoutlimitationontheabilityoftheGeneralPartnertodelegateitsrightsandpowerstootherPersons,allmanagementpowersoverthebusinessandaffairsofthePartnershipshallbeexclusivelyvestedintheGeneralPartner,andnoLimitedPartnershallhaveanymanagementpoweroverthebusinessandaffairsofthePartnership.InadditiontothepowersnoworhereaftergrantedageneralpartnerofalimitedpartnershipunderapplicablelaworthataregrantedtotheGeneralPartnerunderanyotherprovisionofthisAgreement,theGeneralPartner,subjecttoSection7.3,shallhavefullpowerandauthoritytodoallthingsandonsuchtermsasitdeterminestobenecessaryorappropriatetoconductthebusinessofthePartnership,toexerciseallpowerssetforthinSection2.5andtoeffectuatethepurposessetforthinSection2.4,includingthefollowing:

(i)themakingofanyexpenditures,thelendingorborrowingofmoney,theassumptionorguaranteeof,orothercontractingfor,indebtednessandotherliabilities,theissuanceofevidencesofindebtedness,includingindebtednessthatisconvertibleorexchangeableintoPartnershipInterests,andtheincurringofanyotherobligations;

(ii)themakingoftax,regulatoryandotherfilings,orrenderingofperiodicorotherreportstogovernmentalorotheragencieshavingjurisdictionoverthebusinessorassetsofthePartnership;

(iii)theacquisition,disposition,mortgage,pledge,encumbrance,hypothecationorexchangeofanyoralloftheassetsofthePartnershiporthemergerorothercombinationofthePartnershipwithorintoanotherPerson(themattersdescribedinthisclause(iii)beingsubject,however ,toanypriorapprovalthatmayberequiredbySection7.3andArticleXIV);

(iv)theuseoftheassetsofthePartnership(includingcashonhand)foranypurposeconsistentwiththetermsofthisAgreement,includingthefinancingoftheconductoftheoperationsofthePartnershipGroup;subjecttoSection7.6(a),thelendingoffundstootherPersons(includingotherGroupMembers);therepaymentorguaranteeofobligationsofanyGroupMember;andthemakingofcapitalcontributionstoanyGroupMember;

(v)thenegotiation,executionandperformanceofanycontracts,conveyancesorotherinstruments(includinginstrumentsthatlimittheliabilityofthePartnershipundercontractualarrangementstoallorparticularassetsofthePartnership,withtheotherpartytothecontracttohavenorecourseagainsttheGeneralPartneroritsassetsotherthanitsinterestinthePartnership,evenifthesameresultsinthetermsofthetransactionbeinglessfavorabletothePartnershipthanwouldotherwisebethecase);

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(vi)thedistributionofPartnershipcash;

(vii)theselection,employment,retentionanddismissalofemployees(includingemployeeshavingtitlessuchas“president,”“vicepresident,”“secretary”and“treasurer”)andagents,outsideattorneys,accountants,consultantsandcontractorsoftheGeneralPartnerorthePartnershipGroupandthedeterminationoftheircompensationandothertermsofemploymentorhiring;

(viii)themaintenanceofinsuranceforthebenefitofthePartnershipGroup,thePartnersandIndemnitees;

(ix)theformationof,oracquisitionofaninterestin,andthecontributionofpropertyandthemakingofloansto,anyfurtherlimitedorgeneralpartnerships,jointventures,corporations,limitedliabilitycompaniesorotherPersons(includingtheacquisitionofinterestsin,andthecontributionsofpropertyto,anyGroupMemberfromtimetotime)subjecttotherestrictionssetforthinSection2.4;

(x)thecontrolofanymattersaffectingtherightsandobligationsofthePartnership,includingthebringinganddefendingofactionsatlaworinequityandotherwiseengagingintheconductoflitigation,arbitrationormediationandtheincurringoflegalexpenseandthesettlementofclaimsandlitigation;

(xi)theindemnificationofanyPersonagainstliabilitiesandcontingenciestotheextentpermittedbylaw;

(xii)theenteringintooflistingagreementswithanyNationalSecuritiesExchangeandthedelistingofsomeoralloftheLimitedPartnerInterestsfrom,orrequestingthattradingbesuspendedon,anysuchexchange(subjecttoanypriorapprovalthatmayberequiredunderSection4.8);

(xiii)thepurchase,saleorotheracquisitionordispositionofPartnershipInterests,ortheissuanceofoptions,rights,warrants,appreciationrights,trackingandphantominterestsorothereconomicinterestsinthePartnershiporrelatingtoPartnershipInterests;

(xiv)theundertakingofanyactioninconnectionwiththePartnership’sparticipationinanyGroupMemberAgreement;and(xv)theenteringintoofagreementswithanyofitsAffiliatestorenderservicestoaGroupMemberortoitselfinthedischargeofitsdutiesasGeneralPartnerofthePartnership.

(b)NotwithstandinganyotherprovisionofthisAgreement,anyGroupMemberAgreement,theDelawareActoranyapplicablelaw,ruleorregulation,eachofthePartnersandeachotherPersonwhomayacquireaninterestinPartnershipInterestsorinthePartnershiporisotherwiseboundbythisAgreementhereby(i)approves,ratifiesandconfirmstheexecution,deliveryandperformancebythepartiestheretoofthisAgreementandthe

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ContributionAgreementandtheconsummationofthetransactionscontemplatedherebyandthereby;(ii)agreesthattheGeneralPartner(onitsownoronbehalfofthePartnership)isauthorizedtoexecute,deliverandperformtheagreementsreferredtoinclause(i)ofthissentenceandtheotheragreements,acts,transactionsandmattersdescribedinorcontemplatedbytheagreementsreferredtoinclause(i)ofthissentenceonbehalfofthePartnershipwithoutanyfurtheract,approvalorvoteofthePartnersortheotherPersonswhomayacquireaninterestinPartnershipInterestsorisotherwiseboundbythisAgreement;and(iii)agreesthattheexecution,deliveryorperformancebytheGeneralPartner,anyGroupMemberoranyAffiliateofanyofthemofthisAgreementoranyagreementauthorizedorpermittedunderthisAgreement(includingtheexercisebytheGeneralPartneroranyAffiliateoftheGeneralPartneroftherightsaccordedpursuanttoArticleXV)shallnotconstituteabreachbytheGeneralPartnerofanydutythattheGeneralPartnermayowethePartnershiportheLimitedPartnersoranyotherPersonsunderthisAgreement(oranyotheragreements)orofanydutyexistingatlaw,inequityorotherwise.

Section7.2CertificateofLimitedPartnership.

TheGeneralPartnerhascausedtheCertificateofLimitedPartnershiptobefiledwiththeSecretaryofStateoftheStateofDelawareasrequiredbytheDelawareAct.TheGeneralPartnershalluseallreasonableeffortstocausetobefiledsuchothercertificatesordocumentsthattheGeneralPartnerdeterminestobenecessaryorappropriatefortheformation,continuation,qualificationandoperationofalimitedpartnership(orapartnershipinwhichthelimitedpartnershavelimitedliability)intheStateofDelawareoranyotherstateinwhichthePartnershipmayelecttodobusinessorownproperty.TotheextenttheGeneralPartnerdeterminessuchactiontobenecessaryorappropriate,theGeneralPartnershallfileamendmentstoandrestatementsoftheCertificateofLimitedPartnershipanddoallthingstomaintainthePartnershipasalimitedpartnership(orapartnershiporotherentityinwhichthelimitedpartnershavelimitedliability)underthelawsoftheStateofDelawareorofanyotherstateinwhichthePartnershipmayelecttodobusinessorownproperty.SubjecttothetermsofSection3.4(a),theGeneralPartnershallnotberequired,beforeorafterfiling,todeliverormailacopyoftheCertificateofLimitedPartnership,anyqualificationdocumentoranyamendmenttheretotoanyLimitedPartner.

Section7.3RestrictionsontheGeneralPartner’sAuthority.

(a)ExceptasprovidedinArticleXIIandArticleXIV,theGeneralPartnermaynotsell,exchangeorotherwisedisposeofallorsubstantiallyalloftheassetsofthePartnershipGroup,takenasawhole,inasingletransactionoraseriesofrelatedtransactionswithouttheapprovalofaUnitMajority;provided ,however ,thatthisprovisionshallnotprecludeorlimittheGeneralPartner’sabilitytomortgage,pledge,hypothecateorgrantasecurityinterestinallorsubstantiallyalloftheassetsofthePartnershipGroupandshallnotapplytoanyforcedsaleofanyoralloftheassetsofthePartnershipGrouppursuanttotheforeclosureof,orotherrealizationupon,anysuchencumbrance.

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(b)NotwithstandinganyotherprovisionsofthisAgreement,theGeneralPartnershallnot,withoutthepriorwrittenconsentoftheSeriesAPreferredUnitPartner,forsolongastheSeriesAPreferredUnitPartnerholdsatleast50%oftheUnitsheldbytheSeriesAPreferredUnitPartnerimmediatelyfollowingtheclosingoftransactionscontemplatedbytheContributionAgreement(withrespecttoSeriesAPreferredUnits,calculatedonanas-convertedbasisandincludinganySeriesAConversionUnits),theSeriesCPreferredUnitPartner,forsolongastheSeriesCPreferredUnitPartnerholdsatleast50%oftheUnitsheldbytheSeriesCPreferredUnitPartnerimmediatelyfollowingtheclosingoftransactionscontemplatedbytheSeriesCUnitPurchaseAgreement(withrespecttoSeriesCPreferredUnits,calculatedonanas-convertedbasisandincludinganySeriesCConversionUnits),theSeriesDPreferredUnitPartner,forsolongastheSeriesDPreferredUnitPartnerholdsatleast50%oftheUnitsheldbytheSeriesDPreferredUnitPartnerimmediatelyfollowingtheclosingoftransactionscontemplatedbytheSeriesDUnitPurchaseAgreement(withrespecttoSeriesDPreferredUnits,calculatedonanas-convertedbasisandincludinganySeriesDConversionUnits),andtheSeriesEPreferredUnitPartner,forsolongastheSeriesEPreferredUnitPartnerholdsatleast50%oftheUnitsheldbytheSeriesEPreferredUnitPartnerimmediatelyfollowingtheclosingoftransactionscontemplatedbytheContributionAgreement(withrespecttoSeriesEPreferredUnits,calculatedonanas-convertedbasisandincludinganySeriesEConversionUnits):

(i)causeorpermitthePartnershiporanyGroupMembertoinvestin,ordisposeof,theequitysecuritiesordebtsecuritiesofanyPersonorotherwiseacquireordisposeofanyinterestinanyPerson,toacquireordisposeofinterestinanyjointventureorpartnershiporanysimilararrangementwithanyPerson,ortoacquireordisposeofassetsofanyPerson,ortomakeanycapitalexpenditure(otherthanMaintenanceCapitalExpenditures),ortomakeanyloanoradvancetoanyPersonifthetotalconsideration(includingcash,equityissuedanddebtassumed)paidorpayable,orreceivedorreceivable,bythePartnershiporanyGroupMemberexceeds$15,000,000inanyoneorseriesofrelatedtransactionsorintheaggregatewithinthePartnershipGroupexceeds$50,000,000inanytwelve-monthperiod;

(ii)causeorpermitthePartnershiporanyGroupMemberto(i)incur,createorguaranteeanyIndebtednesswhichexceeds(x)$75,000,000inanyoneorseriesofrelatedtransactionstotheextenttheproceedsofsuchfinancingareusedtorefinanceexistingIndebtedness,or(y)$25,000,000inanytwelve-monthperiodtotheextentsuchIndebtednessincreasestheaggregateIndebtednessofthePartnershipGroup,takenasawhole,or(ii)incur,createorguaranteeanyIndebtednesswithayieldtomaturityexceedingtenpercent(10)%;

(iii)authorizeorpermitthepurchase,redemptionorotheracquisitionofPartnershipInterests(oranyoptions,rights,warrantsorappreciationrightsrelatingtothePartnershipInterests)byanyGroupMember;

(iv)selectordismiss,orenterintoanyemploymentagreementoramendmentofanyemploymentagreementof,theChiefExecutiveOfficerandtheChiefFinancialOfficerofthePartnershiportheOperatingCompany;

(v)enterintoanyagreementoreffectanytransactionbetweenthePartnershiporanyGroupMember,ontheonehand,andanyAffiliateofthePartnershiportheGeneralPartner,ontheotherhand,otherthananytransactionintheordinarycourseofbusinessanddeterminedbytheBoardofDirectorstobeonanarm’slengthbasis;or

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(vi)causeorpermitthePartnershiporanyGroupMembertoenterintoanyagreementormakeanycommitmenttodoanyoftheforegoing.

Section7.4ReimbursementoftheGeneralPartner.

(a)ExceptasprovidedinthisSection7.4andelsewhereinthisAgreement,theGeneralPartnershallnotbecompensatedforitsservicesasageneralpartnerormanagingmemberofanyGroupMember.

(b)TheGeneralPartnershallbereimbursedonamonthlybasis,orsuchotherbasisastheGeneralPartnermaydetermine,for(i)alldirectandindirectexpensesitincursorpaymentsitmakesonbehalfofthePartnershipGroup(includingsalary,bonus,incentivecompensation,employmentbenefitsandotheramountspaidtoanyPerson,includingAffiliatesoftheGeneralPartnertoperformservicesforthePartnershipGrouporfortheGeneralPartnerinthedischargeofitsdutiestothePartnershipGroup),and(ii)allotherexpensesallocabletothePartnershipGrouporotherwiseincurredbytheGeneralPartnerinconnectionwithoperatingthePartnershipGroup’sbusiness(includingexpensesallocatedtotheGeneralPartnerbyitsAffiliates).TheGeneralPartnershalldeterminetheexpensesthatareallocabletotheGeneralPartnerorthePartnershipGroup.ReimbursementspursuanttothisSection7.4shallbeinadditiontoanyreimbursementtotheGeneralPartnerasaresultofindemnificationpursuanttoSection7.7.AnyallocationofexpensestothePartnershipbyAffiliatesoftheGeneralPartnerinamannerconsistentwiththen-applicableaccountingandallocationmethodologiesgenerallypermittedbyFERCforrate-makingpurposes(orintheabsenceofthen-applicablemethodologiespermittedbyFERC,consistentwiththemost-recentlyapplicablemethodologies)andpastbusinesspracticesshallbedeemedtobefairandreasonabletothePartnership.

(c)TheGeneralPartner,withouttheapprovaloftheLimitedPartners(whoshallhavenorighttovoteinrespectthereof),mayproposeandadoptonbehalfofthePartnershipbenefitplans,programsandpractices(includingtheLongTermIncentivePlanandotherplans,programsandpracticesinvolvingtheissuanceofPartnershipInterestsoroptionstopurchaseorrights,warrantsorappreciationrightsorphantomortrackinginterestsorothereconomicinterestsinthePartnershiporrelatingtoPartnershipInterests),orcausethePartnershiptoissuePartnershipInterestsorothersecuritiesinconnectionwith,orpursuantto,anybenefitplan,programorpracticemaintainedorsponsoredbytheGeneralPartneroranyofitsAffiliatesineachcaseforthebenefitofemployees,officersanddirectorsoftheGeneralPartneroranyofitsAffiliates,inrespectofservicesperformed,directlyorindirectly,forthebenefitofthePartnershipGroup.ThePartnershipagreestoissueandselltotheGeneralPartneroranyofitsAffiliatesanyPartnershipInterestsorothersecuritiesthattheGeneralPartnerorsuchAffiliatesareobligatedtoprovidetoanyemployees,officersanddirectorspursuanttoanysuchbenefitplans,programsorpractices.ExpensesincurredbytheGeneralPartnerinconnectionwithanysuchplans,programsandpractices(includingthenetcosttotheGeneralPartnerorsuchAffiliatesofPartnershipInterestsorothersecuritiespurchasedbytheGeneralPartnerorsuchAffiliates,fromthePartnershiporotherwise,tofulfilloptionsorawardsundersuchplans,programsandpractices)shallbereimbursedinaccordancewithSection7.4(b).Any

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andallobligationsoftheGeneralPartnerunderanybenefitplans,programsorpracticesadoptedbytheGeneralPartneraspermittedbythisSection7.4(c)shallconstituteobligationsoftheGeneralPartnerhereunderandshallbeassumedbyanysuccessorGeneralPartnerapprovedpursuanttoSection11.1orSection11.2orthetransfereeoforsuccessortoalloftheGeneralPartner’sGeneralPartnerInterestpursuanttoSection4.6.

(d)TheGeneralPartneranditsAffiliatesmaychargeanymemberofthePartnershipGroupamanagementfeetotheextentnecessarytoallowthePartnershipGrouptoreducetheamountofanystatefranchiseorincometaxoranytaxbasedupontherevenuesorgrossmarginofanymemberofthePartnershipGroupifthetaxbenefitproducedbythepaymentofsuchmanagementfeeorfeesexceedstheamountofsuchfeeorfees.

Section7.5OutsideActivities.

(a)TheGeneralPartner,forsolongasitistheGeneralPartnerofthePartnership(i)agreesthatitssolebusinesswillbetoactasageneralpartnerormanagingmember,asthecasemaybe,ofthePartnershipandanyotherpartnershiporlimitedliabilitycompanyofwhichthePartnershipis,directlyorindirectly,apartnerormemberandtoundertakeactivitiesthatareancillaryorrelatedthereto(includingbeingaLimitedPartnerinthePartnership)and(ii)shallnotengageinanybusinessoractivityorincuranydebtsorliabilitiesexceptinconnectionwithorincidentalto(A)itsperformanceasgeneralpartnerormanagingmember,ifany,ofoneormoreGroupMembersorasdescribedinorcontemplatedbytheRegistrationStatement,(B)theacquiring,owningordisposingofdebtsecuritiesorequityinterestsinanyGroupMemberor(C)theguaranteeof,andmortgage,pledge,orencumbranceofanyorallofitsassetsinconnectionwith,anyindebtednessofanyAffiliateoftheGeneralPartner.

(b)EachUnrestrictedPerson(otherthantheGeneralPartner)shallhavetherighttoengageinbusinessesofeverytypeanddescriptionandotheractivitiesforprofitandtoengageinandpossessaninterestinotherbusinessventuresofanyandeverytypeordescription,whetherinbusinessesengagedinoranticipatedtobeengagedinbyanyGroupMember,independentlyorwithothers,includingbusinessinterestsandactivitiesindirectcompetitionwiththebusinessandactivitiesofanyGroupMember,andnoneofthesameshallconstituteabreachofthisAgreementoranydutyotherwiseexistingatlaw,inequityorotherwise,toanyGroupMemberoranyPartner.NoneofanyGroupMember,anyLimitedPartneroranyotherPersonshallhaveanyrightsbyvirtueofthisAgreement,anyGroupMemberAgreement,orthepartnershiprelationshipestablishedherebyinanybusinessventuresofanyUnrestrictedPerson.

(c)SubjecttothetermsofSection7.5(a)andSection7.5(b),butotherwisenotwithstandinganythingtothecontraryinthisAgreement,(i)theengagingincompetitiveactivitiesbyanyUnrestrictedPerson(otherthantheGeneralPartner)inaccordancewiththeprovisionsofthisSection7.5isherebyapprovedbythePartnershipandallPartners,(ii)itshallbedeemednottobeabreachofanyfiduciarydutyoranyotherobligationofanytypewhatsoeveroftheGeneralPartneroranyotherUnrestrictedPersonfortheUnrestrictedPersons(otherthantheGeneralPartner)toengageinsuchbusinessinterestsandactivitiesinpreferencetoortotheexclusionofthePartnershipand(iii)theUnrestrictedPersonsshallhavenoobligationhereunderorasaresultofanydutyotherwiseexistingatlaw,inequityorotherwise,

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topresentbusinessopportunitiestothePartnership.NotwithstandinganythingtothecontraryinthisAgreement,thedoctrineofcorporateopportunity,oranyanalogousdoctrine,shallnotapplytoanyUnrestrictedPerson(includingtheGeneralPartner).NoUnrestrictedPerson(includingtheGeneralPartner)whoacquiresknowledgeofapotentialtransaction,agreement,arrangementorothermatterthatmaybeanopportunityforthePartnership,shallhaveanydutytocommunicateoroffersuchopportunitytothePartnership,andsuchUnrestrictedPerson(includingtheGeneralPartner)shallnotbeliabletothePartnership,toanyLimitedPartneroranyotherPersonboundbythisAgreementforbreachofanyfiduciaryorotherdutybyreasonofthefactthatsuchUnrestrictedPerson(includingtheGeneralPartner)pursuesoracquiresforitself,directssuchopportunitytoanotherPersonordoesnotcommunicatesuchopportunityorinformationtothePartnership;provided suchUnrestrictedPersondoesnotengageinsuchbusinessoractivityasaresultoforusingconfidentialorproprietaryinformationprovidedbyoronbehalfofthePartnershiptosuchUnrestrictedPerson.

(d)TheGeneralPartnerandeachofitsAffiliatesmayacquireUnitsorotherPartnershipInterestsinadditiontothoseacquiredontheIPOClosingDateand,exceptasotherwiseprovidedinthisAgreement,shallbeentitledtoexercise,attheiroption,allrightsrelatingtoallUnitsorotherPartnershipInterestsacquiredbythem.Theterm“Affiliates”whenusedinthisSection7.5(d)withrespecttotheGeneralPartnershallnotincludeanyGroupMember.

(e)NotwithstandinganythingtothecontraryinthisAgreement,totheextentthatanyprovisionofthisAgreementpurportsorisinterpretedtohavetheeffectofrestrictingoreliminatingthefiduciarydutiesthatmightotherwise,asaresultofDelawareorotherapplicablelaw,beowedbytheGeneralPartnertothePartnershipanditsLimitedPartners,ortoconstituteawaiverorconsentbytheLimitedPartnerstoanysuchrestrictionorelimination,suchprovisionsshallbedeemedtohavebeenapprovedbythePartners.

Section7.6LoansfromtheGeneralPartner;LoansorContributionsfromthePartnershiporGroupMembers.

(a)TheGeneralPartneroranyofitsAffiliatesmay,butshallbeundernoobligationto,lendtoanyGroupMember,andanyGroupMembermay,butshallbeundernoobligationto,borrowfromtheGeneralPartneroranyofitsAffiliates,fundsneededordesiredbytheGroupMemberforsuchperiodsoftimeandinsuchamountsastheGeneralPartnermaydetermine;provided ,however ,that,inanysuchcasethelendingpartymaynotchargetheborrowingpartyinterestatarategreaterthantheratethatwouldbechargedtheborrowingparty,orimposetermslessfavorabletotheborrowingpartythanwouldbechargedorimposedontheborrowingparty,byunrelatedlendersoncomparableloansmadeonanarm’s-lengthbasis(withoutreferencetothelendingparty’sfinancialabilitiesorguarantees),allasdeterminedbytheGeneralPartner.Theborrowingpartyshallreimbursethelendingpartyforanycosts(otherthananyadditionalinterestcosts)incurredbythelendingpartyinconnectionwiththeborrowingofsuchfunds.ForpurposesofthisSection7.6(a)andSection7.6(b),theterm“GroupMember”shallincludeanyAffiliateofaGroupMemberthatiscontrolledbytheGroupMember.

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(b)ThePartnershipmaylendorcontributetoanyGroupMember,andanyGroupMembermayborrowfromthePartnership,fundsontermsandconditionsdeterminedbytheGeneralPartner.NoGroupMembermaylendfundstotheGeneralPartneroranyofitsAffiliates(otherthananotherGroupMember).

(c)NoborrowingbyanyGroupMemberortheapprovalthereofbytheGeneralPartnershallbedeemedtoconstituteabreachofanydutyhereunderorotherwiseexistingatlaw,inequityorotherwise,oftheGeneralPartneroritsAffiliatestothePartnershiportheLimitedPartnersexistinghereunder,orexistingatlaw,inequityorotherwisebyreasonofthefactthatthepurposeoreffectofsuchborrowingisdirectlyorindirectlytoenabledistributionstotheGeneralPartneroritsAffiliates(includingintheircapacitiesasLimitedPartners)toexceedtheGeneralPartner’sPercentageInterestofthetotalamountdistributedtoallPartners.

Section7.7Indemnification.

(a)TothefullestextentpermittedbylawbutsubjecttothelimitationsexpresslyprovidedinthisAgreement,allIndemniteesshallbeindemnifiedandheldharmlessbythePartnershipfromandagainstanyandalllosses,claims,damages,liabilities,jointorseveral,expenses(includinglegalfeesandexpenses),judgments,fines,penalties,interest,settlementsorotheramountsarisingfromanyandallthreatenedpendingorcompletedclaims,demands,actions,suitsorproceedings,whethercivil,criminal,administrativeorinvestigative,andwhetherformalorinformalandincludingappeals,inwhichanyIndemniteemaybeinvolved,oristhreatenedtobeinvolved,asapartyorotherwise,byreasonofitsstatusasanIndemniteeandacting(orrefrainingtoact)insuchcapacity;provided,thattheIndemniteeshallnotbeindemnifiedandheldharmlesspursuanttothisAgreementiftherehasbeenafinalandnon-appealablejudgmententeredbyacourtofcompetentjurisdictiondeterminingthat,inrespectofthematterforwhichtheIndemniteeisseekingindemnificationpursuanttothisAgreement,theIndemniteeactedinbadfaithorengagedinfraud,willfulmisconductor,inthecaseofacriminalmatter,actedwithknowledgethattheIndemnitee’sconductwasunlawful.AnyindemnificationpursuanttothisSection7.7shallbemadeonlyoutoftheassetsofthePartnership,itbeingagreedthattheGeneralPartnershallnotbepersonallyliableforsuchindemnificationandshallhavenoobligationtocontributeorloananymoniesorpropertytothePartnershiptoenableittoeffectuatesuchindemnification.

(b)Tothefullestextentpermittedbylaw,expenses(includinglegalfeesandexpenses)incurredbyanIndemniteewhoisindemnifiedpursuanttoSection7.7(a)inappearingat,participatinginordefendinganyclaim,demand,action,suitorproceedingshall,fromtimetotime,beadvancedbythePartnershippriortoafinalandnon-appealablejudgmententeredbyacourtofcompetentjurisdictiondeterminingthat,inrespectofthematterforwhichtheIndemniteeisseekingindemnificationpursuanttothisSection7.7,theIndemniteeisnotentitledtobeindemnifieduponreceiptbythePartnershipofanyundertakingbyoronbehalfoftheIndemniteetorepaysuchamountifitshallbeultimatelydeterminedthattheIndemniteeisnotentitledtobeindemnifiedasauthorizedbythisSection7.7.

(c)TheindemnificationprovidedbythisSection7.7shallbeinadditiontoanyotherrightstowhichanIndemniteemaybeentitledunderanyagreement,pursuanttoanyvoteoftheholdersofOutstandingLimitedPartnerInterests,asamatteroflaw,inequityorotherwise,bothastoactionsintheIndemnitee’scapacityasanIndemniteeandastoactionsinanyothercapacity,andshallcontinueastoanIndemniteewhohasceasedtoserveinsuchcapacityandshallinuretothebenefitoftheheirs,successors,assignsandadministratorsoftheIndemnitee.

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(d)ThePartnershipmaypurchaseandmaintain(orreimbursetheGeneralPartneroritsAffiliatesforthecostof)insurance,onbehalfoftheGeneralPartner,itsAffiliates,theIndemniteesandsuchotherPersonsastheGeneralPartnershalldetermine,againstanyliabilitythatmaybeassertedagainst,orexpensethatmaybeincurredby,suchPersoninconnectionwiththePartnership’sactivitiesorsuchPerson’sactivitiesonbehalfofthePartnership,regardlessofwhetherthePartnershipwouldhavethepowertoindemnifysuchPersonagainstsuchliabilityundertheprovisionsofthisAgreement.

(e)ForpurposesofthisSection7.7,thePartnershipshallbedeemedtohaverequestedanIndemniteetoserveasfiduciaryofanemployeebenefitplanwhenevertheperformancebyitofitsdutiestothePartnershipalsoimposesdutieson,orotherwiseinvolvesservicesby,ittotheplanorparticipantsorbeneficiariesoftheplan;excisetaxesassessedonanIndemniteewithrespecttoanemployeebenefitplanpursuanttoapplicablelawshallconstitute“fines”withinthemeaningofSection7.7(a);andactiontakenoromittedbyitwithrespecttoanyemployeebenefitplanintheperformanceofitsdutiesforapurposereasonablybelievedbyittobeinthebestinterestoftheparticipantsandbeneficiariesoftheplanshallbedeemedtobeforapurposethatisinthebestinterestsofthePartnership.

(f)InnoeventmayanIndemniteesubjecttheLimitedPartnerstopersonalliabilitybyreasonoftheindemnificationprovisionssetforthinthisAgreement.

(g)AnIndemniteeshallnotbedeniedindemnificationinwholeorinpartunderthisSection7.7becausetheIndemniteehadaninterestinthetransactionwithrespecttowhichtheindemnificationappliesifthetransactionwasotherwisepermittedbythetermsofthisAgreement.

(h)TheprovisionsofthisSection7.7areforthebenefitoftheIndemniteesandtheirheirs,successors,assigns,executorsandadministratorsandshallnotbedeemedtocreateanyrightsforthebenefitofanyotherPersons.

(i)Noamendment,modificationorrepealofthisSection7.7oranyprovisionhereofshallinanymannerterminate,reduceorimpairtherightofanypast,presentorfutureIndemniteetobeindemnifiedbythePartnership,northeobligationsofthePartnershiptoindemnifyanysuchIndemniteeunderandinaccordancewiththeprovisionsofthisSection7.7asineffectimmediatelypriortosuchamendment,modificationorrepealwithrespecttoclaimsarisingfromorrelatingtomattersoccurring,inwholeorinpart,priortosuchamendment,modificationorrepeal,regardlessofwhensuchclaimsmayariseorbeasserted.

Section7.8LiabilityofIndemnitees.

(a)NotwithstandinganythingtothecontrarysetforthinthisAgreement,noIndemniteeshallbeliableformonetarydamagestothePartnership,thePartnersoranyotherPersonswhohaveacquiredinterestsinthePartnershipInterests,forlossessustainedorliabilitiesincurredasaresultofanyactoromissionofanIndemniteeunlesstherehasbeenafinaland

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non-appealablejudgmententeredbyacourtofcompetentjurisdictiondeterminingthat,inrespectofthematterinquestion,theIndemniteeactedinbadfaithorengagedinfraud,willfulmisconductor,inthecaseofacriminalmatter,actedwithknowledgethattheIndemnitee’sconductwascriminal.

(b)SubjecttoitsobligationsanddutiesasGeneralPartnersetforthinSection7.1(a),theGeneralPartnermayexerciseanyofthepowersgrantedtoitbythisAgreementandperformanyofthedutiesimposeduponithereundereitherdirectlyorbyorthroughitsagents,andtheGeneralPartnershallnotberesponsibleforanymisconductornegligenceonthepartofanysuchagentappointedbytheGeneralPartneringoodfaith.

(c)Totheextentthat,atlaworinequity,anIndemniteehasduties(includingfiduciaryduties)andliabilitiesrelatingtheretotothePartnershiportothePartners,theGeneralPartnerandanyotherIndemniteeactinginconnectionwiththePartnership’sbusinessoraffairsshallnotbeliabletothePartnershiportoanyPartnerforitsgoodfaithrelianceontheprovisionsofthisAgreement.

(d)Anyamendment,modificationorrepealofthisSection7.8oranyprovisionhereofshallbeprospectiveonlyandshallnotinanywayaffectthelimitationsontheliabilityoftheIndemniteesunderthisSection7.8asineffectimmediatelypriortosuchamendment,modificationorrepealwithrespecttoclaimsarisingfromorrelatingtomattersoccurring,inwholeorinpart,priortosuchamendment,modificationorrepeal,regardlessofwhensuchclaimsmayariseorbeasserted.

Section7.9ResolutionofConflictsofInterest;StandardsofConductandModificationofDuties.

(a)UnlessotherwiseexpresslyprovidedinthisAgreementoranyGroupMemberAgreement,wheneverapotentialconflictofinterestexistsorarisesbetweentheGeneralPartner(initsindividualcapacityoritscapacityasgeneralpartner,limitedpartnerorholderofIncentiveDistributionRights)oranyofitsAffiliates,ontheonehand,andthePartnership,anyGroupMemberoranyPartner,ontheother,anyresolutionorcourseofactionbytheGeneralPartneroritsAffiliatesinrespectofsuchconflictofinterestshallbepermittedanddeemedapprovedbyallPartners,andshallnotconstituteabreachofthisAgreement,ofanyGroupMemberAgreement,ofanyagreementcontemplatedhereinortherein,orofanydutyhereunderstatedorimpliedbylaworequityorotherwise,iftheresolutionorcourseofactioninrespectofsuchconflictofinterestis(i)approvedbySpecialApproval,(ii)approvedbythevoteofamajorityoftheOutstandingCommonUnits(excludingCommonUnitsownedbytheGeneralPartneranditsAffiliates),(iii)ontermsnolessfavorabletothePartnershipthanthosegenerallybeingprovidedtooravailablefromunrelatedthirdpartiesor(iv)fairandreasonabletothePartnership,takingintoaccountthetotalityoftherelationshipsbetweenthepartiesinvolved(includingothertransactionsthatmaybeparticularlyfavorableoradvantageoustothePartnership).TheGeneralPartnershallbeauthorizedbutnotrequiredinconnectionwithitsresolutionofsuchconflictofinteresttoseekSpecialApprovalorUnitholderapprovalofsuchresolution,andtheGeneralPartnermayalsoadoptaresolutionorcourseofactionthathasnotreceivedSpecialApprovalorUnitholderapproval.IfSpecialApprovalissought,thenitshallbepresumedthat,inmakingitsdecision,theConflictsCommitteeactedingoodfaith,andifneither

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SpecialApprovalnorUnitholderapprovalissoughtandtheBoardofDirectorsdeterminesthattheresolutionorcourseofactiontakenwithrespecttoaconflictofinterestsatisfieseitherofthestandardssetforthinclauses(iii)or(iv)above,thenitshallbepresumedthat,inmakingitsdecision,theBoardofDirectorsactedingoodfaith,andinanyproceedingbroughtbyanyLimitedPartnerorbyoronbehalfofsuchLimitedPartneroranyotherLimitedPartnerorthePartnershipchallengingsuchapproval,thePersonbringingorprosecutingsuchproceedingshallhavetheburdenofovercomingsuchpresumption.NotwithstandinganythingtothecontraryinthisAgreementoranydutyotherwiseexistingatlaworequity,theexistenceoftheconflictsofinterestdescribedintheRegistrationStatementandanyactionsoftheGeneralPartnertakeninconnectiontherewithareherebyapprovedbyallPartnersandshallnotconstituteabreachofthisAgreementorofanydutyhereunderorexistingatlaw,inequityorotherwise.

(b)WhenevertheGeneralPartner,theBoardofDirectorsoranycommitteeofthereof(includingtheConflictsCommittee),makesadeterminationortakesordeclinestotakeanyotheraction,oranyofitsAffiliatescausestheGeneralPartnertodoso,intheGeneralPartner’scapacityasthegeneralpartnerofthePartnershipasopposedtoinitsindividualcapacity,whetherunderthisAgreement,anyGroupMemberAgreementoranyotheragreementcontemplatedherebyorotherwise,then,unlessanotherexpressstandardisprovidedforinthisAgreement,theGeneralPartner,theBoardofDirectors,suchcommitteeorsuchAffiliatescausingtheGeneralPartnertodoso,shallmakesuchdeterminationortakeordeclinetotakesuchotheractioningoodfaithandshallnotbesubjecttoanyotherordifferentstandards(includingfiduciarystandards)imposedbythisAgreement,anyGroupMemberAgreement,anyotheragreementcontemplatedherebyorundertheDelawareActoranyotherlaw,ruleorregulationoratequity.Inorderforadeterminationorotheractiontobein“goodfaith”forpurposesofthisAgreement,thePersonorPersonsmakingsuchdeterminationortakingordecliningtotakesuchotheractionmustsubjectivelybelievethatthedeterminationorotheractionisin,ornotopposedto,thebestinterestsofthePartnership.

(c)WhenevertheGeneralPartnermakesadeterminationortakesordeclinestotakeanyotheraction,oranyofitsAffiliatescausesittodoso,initsindividualcapacityasopposedtoinitscapacityasthegeneralpartnerofthePartnership,whetherunderthisAgreement,anyGroupMemberAgreementoranyotheragreementcontemplatedherebyorotherwise,thentheGeneralPartner,orsuchAffiliatescausingittodoso,areentitled,tothefullestextentpermittedbylaw,tomakesuchdeterminationortotakeordeclinetotakesuchotheractionfreeofanyduty(includinganyfiduciaryduty)orobligationwhatsoevertothePartnership,anyLimitedPartneroranyotherPersonboundbythisAgreement,andtheGeneralPartner,orsuchAffiliatescausingittodoso,shallnot,tothefullestextentpermittedbylaw,berequiredtoactingoodfaithorpursuanttoanyotherstandardimposedbythisAgreement,anyGroupMemberAgreement,anyotheragreementcontemplatedherebyorundertheDelawareActoranyotherlaw,ruleorregulationoratequity.Bywayofillustrationandnotoflimitation,wheneverthephrases,“attheoptionoftheGeneralPartner,”“initssolediscretion”orsomevariationofthosephrases,areusedinthisAgreement,itindicatesthattheGeneralPartnerisactinginitsindividualcapacity.Fortheavoidanceofdoubt,whenevertheGeneralPartnervotesortransfersitsPartnershipInterests,orrefrainsfromvotingortransferringitsPartnershipInterests,orotherwiseactsinitscapacityasalimitedpartnerorholderofPartnershipInterestsotherthantheGeneralPartnerInterest,itshallbeactinginitsindividualcapacity.

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(d)NotwithstandinganythingtothecontraryinthisAgreement,theGeneralPartneranditsAffiliatesshallhavenodutyorobligation,expressorimplied,to(i)sellorotherwisedisposeofanyassetofthePartnershipGroupotherthanintheordinarycourseofbusinessor(ii)permitanyGroupMembertouseanyfacilitiesorassetsoftheGeneralPartneranditsAffiliates,exceptasmaybeprovidedincontractsenteredintofromtimetotimespecificallydealingwithsuchuse.AnydeterminationbytheGeneralPartneroranyofitsAffiliatestoenterintosuchcontractsshallbeinitssolediscretion.

(e)ExceptasexpresslysetforthinthisAgreement,neithertheGeneralPartnernoranyotherIndemniteeshallhaveanydutiesorliabilities,includingfiduciaryduties,tothePartnershiporanyLimitedPartnerandtheprovisionsofthisAgreement,totheextentthattheyrestrict,eliminateorotherwisemodifythedutiesandliabilities,includingfiduciaryduties,oftheGeneralPartneroranyotherIndemniteeotherwiseexistingatlaworinequity,areagreedbythePartnerstoreplacesuchotherdutiesandliabilitiesoftheGeneralPartnerorsuchotherIndemnitee.

(f)TheLimitedPartnersherebyauthorizetheGeneralPartner,onbehalfofthePartnershipasapartnerormemberofaGroupMember,toapproveofactionsbythegeneralpartnerormanagingmemberofsuchGroupMembersimilartothoseactionspermittedtobetakenbytheGeneralPartnerpursuanttothisSection7.9.

Section7.10OtherMattersConcerningtheGeneralPartner.

(a)TheGeneralPartnermayrelyupon,andshallbeprotectedinactingorrefrainingfromactingupon,anyresolution,certificate,statement,instrument,opinion,report,notice,request,consent,order,bond,debentureorotherpaperordocumentbelievedbyittobegenuineandtohavebeensignedorpresentedbytheproperpartyorparties.

(b)TheGeneralPartnermayconsultwithlegalcounsel,accountants,appraisers,managementconsultants,investmentbankersandotherconsultantsandadvisersselectedbyit,andanyacttakenoromittedtobetakeninrelianceupontheadviceoropinion(includinganOpinionofCounsel)ofsuchPersonsastomattersthattheGeneralPartnerreasonablybelievestobewithinsuchPerson’sprofessionalorexpertcompetenceshallbeconclusivelypresumedtohavebeendoneoromittedingoodfaithandinaccordancewithsuchadviceoropinion.

(c)TheGeneralPartnershallhavetheright,inrespectofanyofitspowersorobligationshereunder,toactthroughanyofitsdulyauthorizedofficers,adulyappointedattorneyorattorneys-in-factorthedulyauthorizedofficersofthePartnershiporanyGroupMember.

Section7.11PurchaseorSaleofPartnershipInterests.

SubjecttoSection5.12(b)(v),Section5.14(b)(v),Section5.15(b)(v)andSection5.16(b)(v),theGeneralPartnermaycausethePartnershiptopurchaseorotherwiseacquirePartnershipInterests;provided that,exceptaspermittedpursuanttoSection4.10orwithapprovaloftheConflictsCommittee,theGeneralPartnermaynotcauseanyGroupMembertopurchaseIncentiveDistributionRights.AslongasPartnershipInterestsareheldbyanyGroup

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Member,suchPartnershipInterestsshallnotbeconsideredOutstandingforanypurpose,exceptasotherwiseprovidedherein.TheGeneralPartneroranyAffiliateoftheGeneralPartnermayalsopurchaseorotherwiseacquireandsellorotherwisedisposeofPartnershipInterestsforitsownaccount,subjecttotheprovisionsofArticleIVandArticleX.

Section7.12RegistrationRightsoftheGeneralPartneranditsAffiliatesandHoldings.

(a)If(i)theGeneralPartneroranyAffiliateoftheGeneralPartner(includingforpurposesofthisSection7.12,anyPersonthatisanAffiliateoftheGeneralPartneratthedatehereofnotwithstandingthatitmaylaterceasetobeanAffiliateoftheGeneralPartner,butexcludinganyindividualwhoisanAffiliateoftheGeneralPartnerbasedonsuchindividual’sstatusasanofficer,directororemployeeoftheGeneralPartneroranAffiliateoftheGeneralPartner)orHoldingsoranyAffiliateofHoldingsholdsPartnershipIntereststhatitdesirestoselland(ii)Rule144oftheSecuritiesAct(oranysuccessorruleorregulationtoRule144)oranotherexemptionfromregistrationisnotavailabletoenablesuchholderofPartnershipInterests(the“Holder ”)todisposeofthenumberofPartnershipInterestsitdesirestosellatthetimeitdesirestodosowithoutregistrationundertheSecuritiesAct,thenattheoptionandupontherequestoftheHolder,thePartnershipshallfilewiththeCommissionaspromptlyaspracticableafterreceivingsuchrequest,anduseallcommerciallyreasonableeffortstocausetobecomeeffectiveandremaineffectiveforaperiodofnotlessthansixmonthsfollowingitseffectivedateorsuchshorterperiodasshallterminatewhenallPartnershipInterestscoveredbysuchregistrationstatementhavebeensold,aregistrationstatementundertheSecuritiesActregisteringtheofferingandsaleofthenumberofPartnershipInterestsspecifiedbytheHolder;provided ,however ,thatthePartnershipshallnotberequiredtoeffectmorethansixregistrationspursuanttothisSection7.12(a)withrespecttorequestsbytheGeneralPartneroranyofitsAffiliatesandnotmorethantworegistrationspursuanttothisSection7.12(a)withrespecttorequestsbyHoldingsanditsAffiliates;andprovided further ,however ,thatiftheGeneralPartnerdeterminesthatapostponementoftherequestedregistrationwouldbeinthebestinterestsofthePartnershipanditsPartnersduetoapendingtransaction,investigationorotherevent,thefilingofsuchregistrationstatementortheeffectivenessthereofmaybedeferredforuptosixmonths,butnotthereafter.Inconnectionwithanyregistrationpursuanttotheimmediatelyprecedingsentence,thePartnershipshall(i)promptlyprepareandfile(A)suchdocumentsasmaybenecessarytoregisterorqualifythesecuritiessubjecttosuchregistrationunderthesecuritieslawsofsuchstatesastheHoldershallreasonablyrequest;provided ,however ,thatnosuchqualificationshallberequiredinanyjurisdictionwhere,asaresultthereof,thePartnershipwouldbecomesubjecttogeneralserviceofprocessortotaxationorqualificationtodobusinessasaforeigncorporationorpartnershipdoingbusinessinsuchjurisdictionsolelyasaresultofsuchregistration,and(B)suchdocumentsasmaybenecessarytoapplyforlistingortolistthePartnershipInterestssubjecttosuchregistrationonsuchNationalSecuritiesExchangeastheHoldershallreasonablyrequest,and(ii)doanyandallotheractsandthingsthatmaybenecessaryorappropriatetoenabletheHoldertoconsummateapublicsaleofsuchPartnershipInterestsinsuchstates.ExceptassetforthinSection7.12(c),allcostsandexpensesofanysuchregistrationandofferingattherequestoftheGeneralPartneroranyofitsAffiliates(otherthantheunderwritingdiscountsandcommissions)shallbepaidbythePartnership,without

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reimbursementbytheHolder.ExceptassetforthinSection7.12(c),allcostsandexpensesofonesuchregistrationandofferingattherequestofHoldingsoritsAffiliates(otherthantheunderwritingdiscountsandcommissions)shallbepaidbythePartnership,withoutreimbursementbytheHolder,butonlytotheextentHoldingsoritsAffiliatesmakessuchrequestwithintwenty(20)daysafteraSeriesEConversionDateresultingfromaSeriesEConversionNoticedeliveredbythePartnershipinaccordancewithSection5.16(b)(viii),andallcostsandexpensesofanyothersuchregistrationandofferingattherequestofHoldingsoritsAffiliates(includingtheunderwritingdiscountsandcommissions)shallbepaidbyHoldingsoritsAffiliates.

(b)IfthePartnershipshallatanytimeproposetofilearegistrationstatementundertheSecuritiesActforanofferingofPartnershipInterestsforcash(otherthananofferingrelatingsolelytoabenefitplan),thePartnershipshalluseallcommerciallyreasonableeffortstoincludesuchnumberoramountofPartnershipInterestsheldbyanyHolderinsuchregistrationstatementastheHoldershallrequest;provided ,thatthePartnershipisnotrequiredtomakeanyeffortortakeanyactiontosoincludethePartnershipInterestsoftheHolderoncetheregistrationstatementbecomesorisdeclaredeffectivebytheCommission,includinganyregistrationstatementprovidingfortheofferingfromtimetotimeofPartnershipInterestspursuanttoRule415oftheSecuritiesAct.IftheproposedofferingpursuanttothisSection7.12(b)shallbeanunderwrittenoffering,then,intheeventthatthemanagingunderwriterormanagingunderwritersofsuchofferingadvisethePartnershipandtheHoldersthatintheiropiniontheinclusionofallorsomeoftheHolder’sPartnershipInterestswouldadverselyandmateriallyaffectthetimingorsuccessoftheoffering,thePartnershipshallincludeinsuchofferingonlythatnumberoramount,ifany,ofPartnershipInterestsheldbytheHolderorHoldersthat,intheopinionofthemanagingunderwriterormanagingunderwriters,willnotsoadverselyandmateriallyaffecttheoffering.ExceptassetforthinSection7.12(c),allcostsandexpensesofanysuchregistrationandofferingattherequestoftheGeneralPartneroranyofitsAffiliates(otherthantheunderwritingdiscountsandcommissions)shallbepaidbythePartnership,withoutreimbursementbytheHolder.ExceptassetforthinSection7.12(c),allcostsandexpensesofonesuchregistrationandofferingattherequestofHoldingsoritsAffiliates(otherthantheunderwritingdiscountsandcommissions)shallbepaidbythePartnership,withoutreimbursementbytheHolder,butonlytotheextentHoldingsoritsAffiliatesmakessuchrequestwithintwenty(20)daysafteraSeriesEConversionDateresultingfromaSeriesEConversionNoticedeliveredbythePartnershipinaccordancewithSection5.16(b)(viii),andallcostsandexpensesofanyothersuchregistrationandofferingattherequestofHoldingsoritsAffiliates(includingtheunderwritingdiscountsandcommissions)shallbepaidbyHoldingsoritsAffiliates.

(c)IfunderwritersareengagedinconnectionwithanyregistrationreferredtointhisSection7.12,thePartnershipshallprovideindemnification,representations,covenants,opinionsandotherassurancetotheunderwritersinformandsubstancereasonablysatisfactorytosuchunderwriters.Further,inadditiontoandnotinlimitationofthePartnership’sobligationunderSection7.7,thePartnershipshall,tothefullestextentpermittedbylaw,indemnifyandholdharmlesstheHolder,itsofficers,directorsandeachPersonwhocontrolstheHolder(withinthemeaningoftheSecuritiesAct)andanyagentthereof(collectively,“Indemnified Persons ”)fromandagainstanyandalllosses,claims,damages,liabilities,jointorseveral,expenses(includinglegalfeesandexpenses),judgments,fines,penalties,interest,settlementsorotheramountsarisingfromanyandallclaims,demands,actions,suitsorproceedings,whethercivil,criminal,administrativeorinvestigative,inwhichanyIndemnifiedPersonmaybeinvolved,oristhreatenedtobeinvolved,asapartyorotherwise,undertheSecuritiesActorotherwise

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(hereinafterreferredtointhisSection7.12(c)asa“claim ”andinthepluralas“claims ”)basedupon,arisingoutoforresultingfromanyuntruestatementorallegeduntruestatementofanymaterialfactcontainedinanyregistrationstatementunderwhichanyPartnershipInterestswereregisteredundertheSecuritiesActoranystatesecuritiesorBlueSkylaws,inanypreliminaryprospectus(ifusedpriortotheeffectivedateofsuchregistrationstatement),orinanysummaryorfinalprospectusorissuerfreewritingprospectusorinanyamendmentorsupplementthereto(ifusedduringtheperiodthePartnershipisrequiredtokeeptheregistrationstatementcurrent),orarisingoutof,baseduponorresultingfromtheomissionorallegedomissiontostatethereinamaterialfactrequiredtobestatedthereinornecessarytomakethestatementsmadethereinnotmisleading;provided ,however ,thatthePartnershipshallnotbeliabletoanyIndemnifiedPersontotheextentthatanysuchclaimarisesoutof,isbaseduponorresultsfromanuntruestatementorallegeduntruestatementoromissionorallegedomissionmadeinsuchregistrationstatement,suchpreliminary,summaryorfinalprospectusoranyfreewritingprospectusorsuchamendmentorsupplement,inrelianceuponandinconformitywithwritteninformationfurnishedtothePartnershipbyoronbehalfofsuchIndemnifiedPersonspecificallyforuseinthepreparationthereof.

(d)TheprovisionsofSection7.12(a)andSection7.12(b)shallcontinuetobeapplicablewithrespecttotheGeneralPartner(andanyoftheGeneralPartner’sAffiliates)afteritceasestobeageneralpartnerofthePartnership,duringaperiodoftwoyearssubsequenttotheeffectivedateofsuchcessationandforsolongthereafterasisrequiredforsuchHoldertosellallofthePartnershipInterestswithrespecttowhichithasrequestedduringsuchtwo-yearperiodinclusioninaregistrationstatementotherwisefiledorthataregistrationstatementbefiled;provided ,however ,thatthePartnershipshallnotberequiredtofilesuccessiveregistrationstatementscoveringthesamePartnershipInterestsforwhichregistrationwasdemandedduringsuchtwo-yearperiod.TheprovisionsofSection7.12(c)shallcontinueineffectthereafter.

(e)TherightstocausethePartnershiptoregisterPartnershipInterestspursuanttothisSection7.12maybeassigned(butonlywithallrelatedobligations)byaHoldertoatransfereeorassigneeofsuchPartnershipInterests,provided(i)thePartnershipis,withinareasonabletimeaftersuchtransfer,furnishedwithwrittennoticeofthenameandaddressofsuchtransfereeorassigneeandthePartnershipInterestswithrespecttowhichsuchregistrationrightsarebeingassigned;and(ii)suchtransfereeorassigneeagreesinwritingtobeboundbyandsubjecttothetermssetforthinthisSection7.12.

(f)AnyrequesttoregisterPartnershipInterestspursuanttothisSection7.12shall(i)specifythePartnershipInterestsintendedtobeofferedandsoldbythePersonmakingtherequest,(ii)expresssuchPerson’spresentintenttooffersuchPartnershipInterestsfordistribution,(iii)describethenatureormethodoftheproposedofferandsaleofPartnershipInterests,and(iv)containtheundertakingofsuchPersontoprovideallsuchinformationandmaterialsandtakeallactionasmayberequiredinordertopermitthePartnershiptocomplywithallapplicablerequirementsinconnectionwiththeregistrationofsuchPartnershipInterests.

(g)ThePartnershipmayenterintoseparateregistrationrightsagreementswiththeGeneralPartneroranyofitsAffiliatesorHoldings.

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Section7.13ReliancebyThirdParties.

NotwithstandinganythingtothecontraryinthisAgreement,anyPersondealingwiththePartnershipshallbeentitledtoassumethattheGeneralPartnerandanyofficeroftheGeneralPartnerauthorizedbytheGeneralPartnertoactonbehalfofandinthenameofthePartnershiphasfullpowerandauthoritytoencumber,sellorotherwiseuseinanymanneranyandallassetsofthePartnershipandtoenterintoanyauthorizedcontractsonbehalfofthePartnership,andsuchPersonshallbeentitledtodealwiththeGeneralPartneroranysuchofficerasifitwerethePartnership’ssolepartyininterest,bothlegallyandbeneficially.EachLimitedPartnerherebywaives,tothefullestextentpermittedbylaw,anyandalldefensesorotherremediesthatmaybeavailableagainstsuchPersontocontest,negateordisaffirmanyactionoftheGeneralPartneroranysuchofficerinconnectionwithanysuchdealing.InnoeventshallanyPersondealingwiththeGeneralPartneroranysuchofficeroritsrepresentativesbeobligatedtoascertainthatthetermsofthisAgreementhavebeencompliedwithortoinquireintothenecessityorexpedienceofanyactoractionoftheGeneralPartneroranysuchofficeroritsrepresentatives.Eachandeverycertificate,documentorotherinstrumentexecutedonbehalfofthePartnershipbytheGeneralPartneroritsrepresentativesshallbeconclusiveevidenceinfavorofanyandeveryPersonrelyingthereonorclaimingthereunderthat(a)atthetimeoftheexecutionanddeliveryofsuchcertificate,documentorinstrument,thisAgreementwasinfullforceandeffect,(b)thePersonexecutinganddeliveringsuchcertificate,documentorinstrumentwasdulyauthorizedandempoweredtodosoforandonbehalfofthePartnershipand(c)suchcertificate,documentorinstrumentwasdulyexecutedanddeliveredinaccordancewiththetermsandprovisionsofthisAgreementandisbindinguponthePartnership.

ARTICLE VIII

BOOKS, RECORDS, ACCOUNTING AND REPORTS

Section8.1RecordsandAccounting.

TheGeneralPartnershallkeeporcausetobekeptattheprincipalofficeofthePartnershipappropriatebooksandrecordswithrespecttothePartnership’sbusiness,includingallbooksandrecordsnecessarytoprovidetotheLimitedPartnersanyinformationrequiredtobeprovidedpursuanttoSection3.4(a).AnybooksandrecordsmaintainedbyoronbehalfofthePartnershipintheregularcourseofitsbusiness,includingtherecordoftheRecordHoldersofUnitsorotherPartnershipInterests,booksofaccountandrecordsofPartnershipproceedings,maybekepton,orbeintheformof,computerdisks,harddrives,magnetictape,photographs,micrographicsoranyotherinformationstoragedevice;provided ,thatthebooksandrecordssomaintainedareconvertibleintoclearlylegiblewrittenformwithinareasonableperiodoftime.ThebooksofthePartnershipshallbemaintained,forfinancialreportingpurposes,onanaccrualbasisinaccordancewithU.S.GAAP.ThePartnershipshallnotberequiredtokeepbooksmaintainedonacashbasisandtheGeneralPartnershallbepermittedtocalculatecash-basedmeasures,includingOperatingSurplusandAdjustedOperatingSurplus,bymakingsuchadjustmentstoitsaccrualbasisbookstoaccountfornon-cashitemsandotheradjustmentsastheGeneralPartnerdeterminestobenecessaryorappropriate.

Section8.2FiscalYear.

ThefiscalyearofthePartnershipshallbeafiscalyearendingDecember31.

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Section8.3Reports.

(a)Assoonaspracticable,butinnoeventlaterthan120daysafterthecloseofeachfiscalyearofthePartnership,theGeneralPartnershallcausetobemailedormadeavailable,byanyreasonablemeanstoeachRecordHolderofaUnitorotherPartnershipInterestasofadateselectedbytheGeneralPartner,anannualreportcontainingfinancialstatementsofthePartnershipforsuchfiscalyearofthePartnership,presentedinaccordancewithU.S.GAAP,includingabalancesheetandstatementsofoperations,Partnershipequityandcashflows,suchstatementstobeauditedbyafirmofindependentpublicaccountantsselectedbytheGeneralPartner.

(b)Assoonaspracticable,butinnoeventlaterthan90daysafterthecloseofeachQuarterexceptthelastQuarterofeachfiscalyear,theGeneralPartnershallcausetobemailedormadeavailable,byanyreasonablemeanstoeachRecordHolderofaUnitorotherPartnershipInterest,asofadateselectedbytheGeneralPartner,areportcontainingunauditedfinancialstatementsofthePartnershipandsuchotherinformationasmayberequiredbyapplicablelaw,regulationorruleofanyNationalSecuritiesExchangeonwhichtheUnitsarelistedoradmittedtotrading,orastheGeneralPartnerdeterminestobenecessaryorappropriate.

(c)TheGeneralPartnershallbedeemedtohavemadeareportavailabletoeachRecordHolderasrequiredbythisSection8.3ifithaseither(i)filedsuchreportwiththeCommissionviaitsElectronicDataGathering,AnalysisandRetrievalsystem,oranysuccessorsystem,andsuchreportispubliclyavailableonsuchsystemor(ii)madesuchreportavailableonanypubliclyavailablewebsitemaintainedbythePartnership.

ARTICLE IX

TAX MATTERS

Section9.1TaxReturnsandInformation.

ThePartnershipshalltimelyfileallreturnsofthePartnershipthatarerequiredforfederal,stateandlocalincometaxpurposesonthebasisoftheaccrualmethodandthetaxableperiodoryearsthatitisrequiredbylawtoadopt,fromtimetotime,asdeterminedbytheGeneralPartner.IntheeventthePartnershipisrequiredtouseataxableperiodotherthanayearendingonDecember31,theGeneralPartnershallusereasonableeffortstochangethetaxableperiodofthePartnershiptoayearendingonDecember31.ThetaxinformationreasonablyrequiredbyRecordHoldersforfederal,stateandlocalincometaxreportingpurposeswithrespecttoataxableperiodshallbefurnishedtothemwithin90daysofthecloseofthecalendaryearinwhichthePartnership’staxableperiodends.Theclassification,realizationandrecognitionofincome,gain,lossesanddeductionsandotheritemsshallbeontheaccrualmethodofaccountingforU.S.federalincometaxpurposes.

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Section9.2TaxElections.

(a)ThePartnershipshallmaketheelectionunderSection754oftheCodeinaccordancewithapplicableregulationsthereunder,subjecttothereservationoftherighttoseektorevokeanysuchelectionupontheGeneralPartner’sdeterminationthatsuchrevocationisinthebestinterestsoftheLimitedPartners.Notwithstandinganyotherprovisionhereincontained,forthepurposesofcomputingtheadjustmentsunderSection743(b)oftheCode,theGeneralPartnershallbeauthorized(butnotrequired)toadoptaconventionwherebythepricepaidbyatransfereeofaLimitedPartnerInterestwillbedeemedtobethelowestquotedclosingpriceoftheLimitedPartnerInterestsonanyNationalSecuritiesExchangeonwhichsuchLimitedPartnerInterestsarelistedoradmittedtotradingduringthecalendarmonthinwhichsuchtransferisdeemedtooccurpursuanttoSection6.2(f)withoutregardtotheactualpricepaidbysuchtransferee.

(b)Exceptasotherwiseprovidedherein,theGeneralPartnershalldeterminewhetherthePartnershipshouldmakeanyotherelectionspermittedbytheCode.

Section9.3TaxControversies.

Subjecttotheprovisionshereof,theGeneralPartnerisdesignatedastheTaxMattersPartner(asdefinedinSection6231(a)(7)oftheCodeasineffectpriortotheenactmentoftheBipartisanBudgetActof2015)andthe“partnershiprepresentative”(asdefinedinSection6223oftheCodefollowingtheenactmentoftheBipartisanBudgetActof2015)andisauthorizedandrequiredtorepresentthePartnership(atthePartnership’sexpense)inconnectionwithallexaminationsofthePartnership’saffairsbytaxauthorities,includingresultingadministrativeandjudicialproceedings,andtoexpendPartnershipfundsforprofessionalservicesandcostsassociatedtherewith.Initscapacityas“partnershiprepresentative,”theGeneralPartnershallexercise,initssolediscretion,anyandallauthorityofthe“partnershiprepresentative”undertheCode,including,withoutlimitation,(i)bindingthePartnershipanditsPartnerswithrespecttotaxmattersand(ii)determiningwhethertomakeanyavailableelectionunderSection6226oftheCode.EachPartneragreestocooperatewiththeGeneralPartnerandtodoorrefrainfromdoinganyorallthingsreasonablyrequiredbytheGeneralPartnertoconductsuchproceedings.EachPartneragreesthatnoticeoforupdatesregardingtaxcontroversiesshallbedeemedconclusivelytohavebeengivenormadebytheTaxMattersPartnerifthePartnershiphaseither(a)filedtheinformationforwhichnoticeisrequiredwiththeCommissionviaitsElectronicDataGathering,AnalysisandRetrievalsystemandsuchinformationispubliclyavailableonsuchsystemor(b)madetheinformationforwhichnoticeisrequiredavailableonanypubliclyavailablewebsitemaintainedbythePartnership,whetherornotsuchPartnerremainsaPartnerinthePartnershipatthetimesuchinformationismadepubliclyavailable.

TheGeneralPartnershallamendtheprovisionsofthisAgreementasappropriatetoreflecttheproposalorpromulgationofTreasuryRegulationsimplementingthepartnershipaudit,assessmentandcollectionrulesadoptedbytheBipartisanBudgetActof2015,includinganyamendmentstothoserules.

Section9.4Withholding.

(a)TheGeneralPartnermaytreattaxespaidbythePartnershiponbehalfof,allorlessthanallofthePartners,eitherasadistributionofcashtosuchPartnersorasageneralexpenseofthePartnership,asdeterminedappropriateunderthecircumstancesbytheGeneralPartner.

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(b)NotwithstandinganyotherprovisionofthisAgreement,theGeneralPartnerisauthorizedtotakeanyactionthatmayberequiredtocausethePartnershipandotherGroupMemberstocomplywithanywithholdingrequirementsestablishedundertheCodeoranyotherfederal,stateorlocallawincludingpursuanttoSections1441,1442,1445and1446oftheCode.TotheextentthatthePartnershipisrequiredorelectstowithholdandpayovertoanytaxingauthorityanyamountresultingfromtheallocationordistributionofincometoanyPartner(includingbyreasonofSection1446oftheCode),theGeneralPartnermaytreattheamountwithheldasadistributionofcashpursuanttoSection6.3intheamountofsuchwithholdingfromsuchPartner.

ARTICLE X

ADMISSION OF PARTNERS

Section10.1AdmissionofLimitedPartners.

(a)TheGeneralPartnerandAIMMidstreamwereadmittedtothePartnershipasInitialLimitedPartnersonNovember4,2009.TheLTIPPartnerswereadmittedtothePartnershipasLimitedPartnersatvariousdatespriortothedatehereof.

(b)APersonshallbeadmittedasaLimitedPartnerandshallbecomeboundbythetermsofthisAgreementifsuchPersonpurchasesorotherwiselawfullyacquiresanyLimitedPartnerInterestandbecomestheRecordHolderofsuchLimitedPartnerInterestsinaccordancewiththeprovisionsofArticleIVorArticleV.APersonmaybecomeaRecordHolderofaLimitedPartnerInterestwithouttheconsentorapprovalofanyofthePartners.APersonmaynotbecomeaLimitedPartnerwithoutacquiringaLimitedPartnerInterestanduntilsuchPersonisreflectedonthebooksandrecordsofthePartnershipastheRecordHolderofsuchLimitedPartnerInterest.TherightsandobligationsofaPersonwhoisanIneligibleHoldershallbedeterminedinaccordancewithSection4.9.

(c)ThenameandmailingaddressofeachRecordHoldershallbelistedonthebooksandrecordsofthePartnershipmaintainedforsuchpurposebythePartnershiportheTransferAgent.TheGeneralPartnershallupdatethebooksandrecordsofthePartnershipfromtimetotimeasnecessarytoreflectaccuratelytheinformationtherein(orshallcausetheTransferAgenttodoso,asapplicable).ALimitedPartnerInterestmayberepresentedbyaCertificate,asprovidedinSection4.1.

(d)AnytransferofaLimitedPartnerInterestshallnotentitlethetransfereetoshareintheprofitsandlosses,toreceivedistributions,toreceiveallocationsofincome,gain,loss,deductionorcreditoranysimilaritemortoanyotherrightstowhichthetransferorwasentitleduntilthetransfereebecomesaLimitedPartnerpursuanttoSection10.1(b).

Section10.2AdmissionofSuccessorGeneralPartner.

AsuccessorGeneralPartnerapprovedpursuanttoSection11.1orSection11.2orthetransfereeoforsuccessortoalloftheGeneralPartnerInterest(representedbyNotionalGeneralPartnerUnits)pursuanttoSection4.6whoisproposedtobeadmittedasasuccessorGeneralPartnershallbeadmittedtothePartnershipastheGeneralPartner,effectiveimmediatelypriorto

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thewithdrawalorremovalofthepredecessorortransferringGeneralPartner,pursuanttoSection11.1orSection11.2orthetransferoftheGeneralPartnerInterest(representedbyNotionalGeneralPartnerUnits)pursuanttoSection4.6,provided ,however ,thatnosuchsuccessorshallbeadmittedtothePartnershipuntilcompliancewiththetermsofSection4.6hasoccurredandsuchsuccessorhasexecutedanddeliveredsuchotherdocumentsorinstrumentsasmayberequiredtoeffectsuchadmission.Anysuchsuccessorisherebyauthorizedtoandshall,subjecttothetermshereof,carryonthebusinessofthemembersofthePartnershipGroupwithoutdissolution.

Section10.3AmendmentofAgreementandCertificateofLimitedPartnership.

ToeffecttheadmissiontothePartnershipofanyPartner,theGeneralPartnershalltakeallstepsnecessaryorappropriateundertheDelawareActtoamendtherecordsofthePartnershiptoreflectsuchadmissionand,ifnecessary,toprepareassoonaspracticableanamendmenttothisAgreementand,ifrequiredbylaw,theGeneralPartnershallprepareandfileanamendmenttotheCertificateofLimitedPartnership.

ARTICLE XI

WITHDRAWAL OR REMOVAL OF PARTNERS

Section11.1WithdrawaloftheGeneralPartner.

(a)TheGeneralPartnershallbedeemedtohavewithdrawnfromthePartnershipupontheoccurrenceofanyoneofthefollowingevents(eachsucheventhereinreferredtoasan“Event of Withdrawal ”);

(i)TheGeneralPartnervoluntarilywithdrawsfromthePartnershipbygivingwrittennoticetotheotherPartners;

(ii)TheGeneralPartnertransfersallofitsGeneralPartnerInterestpursuanttoSection4.6;

(iii)TheGeneralPartnerisremovedpursuanttoSection11.2;

(iv)TheGeneralPartner(A)makesageneralassignmentforthebenefitofcreditors;(B)filesavoluntarybankruptcypetitionforreliefunderChapter7oftheUnitedStatesBankruptcyCode;(C)filesapetitionoranswerseekingforitselfaliquidation,dissolutionorsimilarrelief(butnotareorganization)underanylaw;(D)filesananswerorotherpleadingadmittingorfailingtocontestthematerialallegationsofapetitionfiledagainsttheGeneralPartnerinaproceedingofthetypedescribedinclauses(A)-(C)ofthisSection11.1(a)(iv);or(E)seeks,consentstooracquiescesintheappointmentofatrustee(butnotadebtor-in-possession),receiverorliquidatoroftheGeneralPartnerorofalloranysubstantialpartofitsproperties;

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(v)Afinalandnon-appealableorderofreliefunderChapter7oftheUnitedStatesBankruptcyCodeisenteredbyacourtwithappropriatejurisdictionpursuanttoavoluntaryorinvoluntarypetitionbyoragainsttheGeneralPartner;or(vi)(A)intheeventtheGeneralPartnerisacorporation,acertificateofdissolutionoritsequivalentisfiledfortheGeneralPartner,or90daysexpireafterthedateofnoticetotheGeneralPartnerofrevocationofitscharterwithoutareinstatementofitscharter,underthelawsofitsstateofincorporation;(B)intheeventtheGeneralPartnerisapartnershiporalimitedliabilitycompany,thedissolutionandcommencementofwindingupoftheGeneralPartner;(C)intheeventtheGeneralPartnerisactinginsuchcapacitybyvirtueofbeingatrusteeofatrust,theterminationofthetrust;(D)intheeventtheGeneralPartnerisanaturalperson,hisdeathoradjudicationofincompetency;and(E)otherwiseintheeventoftheterminationoftheGeneralPartner.

IfanEventofWithdrawalspecifiedinSection11.1(a)(iv),Section11.1(a)(v),Section11.1(a)(vi)(A),Section11.1(a)(vi)(B),Section11.1(a)(vi)(C)orSection11.1(a)(vi)(E)occurs,thewithdrawingGeneralPartnershallgivenoticetotheLimitedPartnerswithin30daysaftersuchoccurrence.ThePartnersherebyagreethatonlytheEventsofWithdrawaldescribedinthisSection11.1shallresultinthewithdrawaloftheGeneralPartnerfromthePartnership.

(b)WithdrawaloftheGeneralPartnerfromthePartnershipupontheoccurrenceofanEventofWithdrawalshallnotconstituteabreachofthisAgreementunderthefollowingcircumstances:(i)atanytimebefore12:00midnight,CentralTime,onJune30,2021,theGeneralPartnervoluntarilywithdrawsbygivingatleast90days’advancenoticeofitsintentiontowithdrawtotheLimitedPartners;provided ,thatpriortotheeffectivedateofsuchwithdrawal,thewithdrawalisapprovedbyUnitholdersholdingatleastamajorityoftheOutstandingCommonUnits(excludingCommonUnitsheldbytheGeneralPartneranditsAffiliates)andtheGeneralPartnerdeliverstothePartnershipanOpinionofCounsel(“Withdrawal Opinion of Counsel ”)thatsuchwithdrawal(followingtheselectionofthesuccessorGeneralPartner)wouldnotresultinthelossofthelimitedliabilityundertheDelawareActofanyLimitedPartneroranyGroupMemberorcauseanyGroupMembertobetreatedasanassociationtaxableasacorporationorotherwisetobetaxedasanentityforU.S.federalincometaxpurposes(totheextentnotalreadysotreatedortaxed);(ii)atanytimeafter12:00midnight,CentralTime,onJune30,2021,theGeneralPartnervoluntarilywithdrawsbygivingatleast90days’advancenoticetotheUnitholders,suchwithdrawaltotakeeffectonthedatespecifiedinsuchnotice;(iii)atanytimethattheGeneralPartnerceasestobetheGeneralPartnerpursuanttoSection11.1(a)(ii)orisremovedpursuanttoSection11.2;or(iv)notwithstandingclause(i)ofthissentence,atanytimethattheGeneralPartnervoluntarilywithdrawsbygivingatleast90days’advancenoticeofitsintentiontowithdrawtotheLimitedPartners,suchwithdrawaltotakeeffectonthedatespecifiedinthenotice,ifatthetimesuchnoticeisgivenonePersonanditsAffiliates(otherthantheGeneralPartneranditsAffiliates)ownbeneficiallyorofrecordorcontrolatleast50%oftheOutstandingUnits.ThewithdrawaloftheGeneralPartnerfromthePartnershipupontheoccurrenceofanEventofWithdrawalshallalsoconstitutethewithdrawaloftheGeneralPartnerasgeneralpartnerormanagingmember,ifany,totheextentapplicable,oftheotherGroupMembers.IftheGeneralPartnergivesanoticeofwithdrawal,theholdersofaUnitMajority,may,priortotheeffectivedateofsuchwithdrawal,electasuccessorGeneralPartner.ThePersonsoelectedassuccessorGeneralPartnershallautomaticallybecomethesuccessorgeneralpartnerormanagingmember,totheextentapplicable,oftheotherGroupMembersofwhichtheGeneralPartnerisageneralpartneroramanagingmember.If,priortotheeffectivedateoftheGeneralPartner’swithdrawalpursuanttoSection11.1(a)(i),asuccessorisnotselectedbytheUnitholdersasprovidedhereinorthe

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PartnershipdoesnotreceiveaWithdrawalOpinionofCounsel,thePartnershipshallbedissolvedinaccordancewithSection12.1unlessthebusinessofthePartnershipiscontinuedpursuanttoSection12.2.AnysuccessorGeneralPartnerelectedinaccordancewiththetermsofthisSection11.1shallbesubjecttotheprovisionsofSection10.2.

Section11.2RemovaloftheGeneralPartner.

TheGeneralPartnermayberemovedifsuchremovalisapprovedby(i)theUnitholdersholdingatleast662/3%oftheOutstandingUnits(includingUnitsheldbytheGeneralPartneranditsAffiliates)votingasasingleclass,and(ii)priortoAugust9,2018,solongastheholdersoftheIncentiveDistributionRightsasofAugust9,2013,togetherwiththeirAffiliates,continuetoownamajorityoftheIncentiveDistributionRights,theholdersofamajorityoftheIncentiveDistributionRights.AnysuchactionbysuchholdersforremovaloftheGeneralPartnermustalsoprovidefortheelectionofasuccessorGeneralPartnerby(i)theUnitholdersholdingamajorityoftheOutstandingCommonUnits(including,ineachcase,UnitsheldbytheGeneralPartneranditsAffiliates),and(ii)priortoAugust9,2018,solongastheholdersoftheIncentiveDistributionRightsasofAugust9,2013,togetherwiththeirAffiliates,continuetoownamajorityoftheIncentiveDistributionRights,theholdersofamajorityoftheIncentiveDistributionRights.SuchremovalshallbeeffectiveimmediatelyfollowingtheadmissionofasuccessorGeneralPartnerpursuanttoSection10.2.TheremovaloftheGeneralPartnershallalsoautomaticallyconstitutetheremovaloftheGeneralPartnerasgeneralpartnerormanagingmember,totheextentapplicable,oftheotherGroupMembersofwhichtheGeneralPartnerisageneralpartneroramanagingmember.IfaPersoniselectedasasuccessorGeneralPartnerinaccordancewiththetermsofthisSection11.2,suchPersonshall,uponadmissionpursuanttoSection10.2,automaticallybecomeasuccessorgeneralpartnerormanagingmember,totheextentapplicable,oftheotherGroupMembersofwhichtheGeneralPartnerisageneralpartneroramanagingmember.TherightoftheholdersofOutstandingUnitstoremovetheGeneralPartnershallnotexistorbeexercisedunlessthePartnershiphasreceivedanopinionopiningastothematterscoveredbyaWithdrawalOpinionofCounsel.AnysuccessorGeneralPartnerelectedinaccordancewiththetermsofthisSection11.2shallbesubjecttotheprovisionsofSection10.2.

Section11.3InterestofDepartingGeneralPartnerandSuccessorGeneralPartner.

(a)Intheeventof(i)withdrawaloftheGeneralPartnerundercircumstanceswheresuchwithdrawaldoesnotviolatethisAgreementor(ii)removaloftheGeneralPartnerbytheholdersofOutstandingUnitsundercircumstanceswhereCausedoesnotexist,ifthesuccessorGeneralPartneriselectedinaccordancewiththetermsofSection11.1orSection11.2,theDepartingGeneralPartnershallhavetheoption,exercisablepriortotheeffectivedateofthewithdrawalorremovalofsuchDepartingGeneralPartner,torequireitssuccessortopurchaseitsGeneralPartnerInterestanditsoritsAffiliates’generalpartnerinterest(orequivalentinterest),ifany,intheotherGroupMembersandallofitsoritsAffiliates’IncentiveDistributionRights(collectively,the“Combined Interest ”inexchangeforanamountincashequaltothefairmarketvalueofsuchCombinedInterest,suchamounttobedeterminedandpayableasoftheeffectivedateofitswithdrawalorremoval.IftheGeneralPartnerisremovedbytheUnitholdersundercircumstanceswhereCauseexistsoriftheGeneralPartnerwithdrawsundercircumstanceswheresuchwithdrawalviolatesthisAgreement,andifasuccessorGeneral

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PartneriselectedinaccordancewiththetermsofSection11.1orSection11.2(orifthebusinessofthePartnershipiscontinuedpursuanttoSection11.2andthesuccessorGeneralPartnerisnottheformerGeneralPartner),suchsuccessorshallhavetheoption,exercisablepriortotheeffectivedateofthewithdrawalorremovalofsuchDepartingGeneralPartner(or,intheeventthebusinessofthePartnershipiscontinued,priortothedatethebusinessofthePartnershipiscontinued),topurchasetheCombinedInterestforsuchfairmarketvalueofsuchCombinedInterest.Ineitherevent,theDepartingGeneralPartnershallbeentitledtoreceiveallreimbursementsduesuchDepartingGeneralPartnerpursuanttoSection7.4,includinganyemployee-relatedliabilities(includingseveranceliabilities),incurredinconnectionwiththeterminationofanyemployeesemployedbytheDepartingGeneralPartneroritsAffiliates(otherthananyGroupMember)forthebenefitofthePartnershiportheotherGroupMembers.

ForpurposesofthisSection11.3(a),thefairmarketvalueoftheCombinedInterestshallbedeterminedbyagreementbetweentheDepartingGeneralPartneranditssuccessoror,failingagreementwithin30daysaftertheeffectivedateofsuchDepartingGeneralPartner’swithdrawalorremoval,byanindependentinvestmentbankingfirmorotherindependentexpertselectedbytheDepartingGeneralPartneranditssuccessor,which,inturn,mayrelyonotherexperts,andthedeterminationofwhichshallbeconclusiveastosuchmatter.Ifsuchpartiescannotagreeupononeindependentinvestmentbankingfirmorotherindependentexpertwithin45daysaftertheeffectivedateofsuchwithdrawalorremoval,thentheDepartingGeneralPartnershalldesignateanindependentinvestmentbankingfirmorotherindependentexpert,theDepartingGeneralPartner’ssuccessorshalldesignateanindependentinvestmentbankingfirmorotherindependentexpert,andsuchfirmsorexpertsshallmutuallyselectathirdindependentinvestmentbankingfirmorindependentexpert,whichthirdindependentinvestmentbankingfirmorotherindependentexpertshalldeterminethefairmarketvalueoftheCombinedInterest.Inmakingitsdetermination,suchthirdindependentinvestmentbankingfirmorotherindependentexpertmayconsiderthevalueoftheUnits,includingthethencurrenttradingpriceofUnitsonanyNationalSecuritiesExchangeonwhichUnitsarethenlistedoradmittedtotrading,thevalueofthePartnership’sassets,therightsandobligationsoftheDepartingGeneralPartner,thevalueoftheIncentiveDistributionRightsandtheGeneralPartnerInterestandotherfactorsitmaydeemrelevant.

(b)IftheCombinedInterestisnotpurchasedinthemannersetforthinSection11.3(a),theDepartingGeneralPartner(anditsAffiliates,ifapplicable)shallbecomeaLimitedPartnerandtheCombinedInterestshallbeconvertedintoCommonUnitspursuanttoavaluationmadebyaninvestmentbankingfirmorotherindependentexpertselectedpursuanttoSection11.3(a),withoutreductioninsuchPartnershipInterest(butsubjecttoproportionatedilutionbyreasonoftheadmissionofitssuccessor).AnysuccessorGeneralPartnershallindemnifytheDepartingGeneralPartnerastoalldebtsandliabilitiesofthePartnershiparisingonorafterthedateonwhichtheDepartingGeneralPartnerbecomesaLimitedPartner.ForpurposesofthisAgreement,conversionoftheCombinedInteresttoCommonUnitswillbecharacterizedasiftheDepartingGeneralPartner(anditsAffiliates,ifapplicable)contributedtheCombinedInteresttothePartnershipinexchangeforthenewlyissuedCommonUnits.

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(c)IfasuccessorGeneralPartneriselectedinaccordancewiththetermsSection11.1orSection11.2(orifthebusinessofthePartnershipiscontinuedpursuanttoSection12.2andthesuccessorGeneralPartnerisnottheformerGeneralPartner)andtheoptiondescribedinSection11.3(a)isnotexercisedbythepartyentitledtodoso,thesuccessorGeneralPartnershall,attheeffectivedateofitsadmissiontothePartnership,contributetothePartnershipcashintheamountequaltotheproductof(x)thequotientobtainedbydividing(A)thePercentageInterestoftheGeneralPartnerInterestoftheDepartingGeneralPartnerby(B)apercentageequalto100%lessthePercentageInterestoftheGeneralPartnerInterestoftheDepartingGeneralPartnerand(y)theNetAgreedValueofthePartnership’sassetsonsuchdate.Insuchevent,suchsuccessorGeneralPartnershall,subjecttothefollowingsentence,beentitledtoitsPercentageInterestofallPartnershipallocationsanddistributionstowhichtheDepartingGeneralPartnerwasentitledinrespectofitsGeneralPartnerInterest.Inaddition,thesuccessorGeneralPartnershallcausethisAgreementtobeamendedtoreflectthat,fromandafterthedateofsuchsuccessorGeneralPartner’sadmission,thesuccessorGeneralPartner’sinterestinallPartnershipdistributionsandallocationsshallbeitsPercentageInterest.

Section11.4ExtinguishmentofCumulativeCommonUnitArrearages.

NotwithstandinganyprovisionofthisAgreement,iftheGeneralPartnerisremovedasgeneralpartnerofthePartnershipundercircumstanceswhereCausedoesnotexistandUnitsheldbytheGeneralPartneranditsAffiliatesarenotvotedinfavorofsuchremoval,(i)allCumulativeCommonUnitArrearagesontheCommonUnitswillbeextinguishedand(ii)theGeneralPartnerwillhavetherighttoconvertitsGeneralPartnerInterest(representedbyNotionalGeneralPartnerUnits)anditsIncentiveDistributionRightsintoCommonUnitsortoreceivecashinexchangethereforinaccordancewithSection11.3.

Section11.5WithdrawalofLimitedPartners.

NoLimitedPartnershallhaveanyrighttowithdrawfromthePartnership;provided ,however ,thatwhenatransfereeofaLimitedPartner’sLimitedPartnerInterestbecomesaRecordHolderoftheLimitedPartnerInterestsotransferred,suchtransferringLimitedPartnershallceasetobeaLimitedPartnerwithrespecttotheLimitedPartnerInterestsotransferred.

ARTICLE XII

DISSOLUTION AND LIQUIDATION

Section12.1Dissolution.

ThePartnershipshallnotbedissolvedbytheadmissionofAdditionalLimitedPartnersorbytheadmissionofasuccessorGeneralPartnerinaccordancewiththetermsofthisAgreement.UpontheremovalorwithdrawaloftheGeneralPartner,ifasuccessorGeneralPartneriselectedpursuanttoSection11.1,Section11.2orSection12.2,thePartnershipshallnotbedissolvedandsuchsuccessorGeneralPartnerisherebyauthorizedto,andshall,continuethebusinessofthePartnership.SubjecttoSection12.2,thePartnershipshalldissolve,anditsaffairsshallbewoundup,upon:

(a)anEventofWithdrawaloftheGeneralPartnerasprovidedinSection11.1(a),unlessasuccessorisadmittedtothePartnershippursuanttothisAgreement;

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(b)anelectiontodissolvethePartnershipbytheGeneralPartnerthatisapprovedbytheholdersofaUnitMajority;

(c)theentryofadecreeofjudicialdissolutionofthePartnershippursuanttotheprovisionsoftheDelawareAct;or

(d)atanytimetherearenoLimitedPartners,unlessthePartnershipiscontinuedwithoutdissolutioninaccordancewiththeDelawareAct.

Section12.2ContinuationoftheBusinessofthePartnershipAfterDissolution.

UponanEventofWithdrawalcausedby(a)thewithdrawalorremovaloftheGeneralPartnerasprovidedinSection11.1(a)(i)orSection11.1(a)(iii)andthefailureofthePartnerstoselectasuccessortosuchDepartingGeneralPartnerpursuanttoSection11.1orSection11.2,thenwithin90daysthereafter,or(b)aneventconstitutinganEventofWithdrawalasdefinedinSection11.1(a)(iv),Section11.1(a)(v)orSection11.1(a)(vi),then,tothemaximumextentpermittedbylaw,within180daysthereafter,theholdersofaUnitMajoritymayelecttocontinuethebusinessofthePartnershiponthesametermsandconditionssetforthinthisAgreementbyappointing,effectiveasofthedateoftheEventofWithdrawal,asasuccessorGeneralPartneraPersonapprovedbytheholdersofaUnitMajority.Unlesssuchanelectionismadewithintheapplicabletimeperiodassetforthabove,thePartnershipshallconductonlyactivitiesnecessarytowindupitsaffairs.Ifsuchanelectionissomade,then:

(i)thePartnershipshallcontinuewithoutdissolutionunlessearlierdissolvedinaccordancewiththisArticleXII;

(ii)ifthesuccessorGeneralPartnerisnottheformerGeneralPartner,thentheinterestoftheformerGeneralPartnershallbetreatedinthemannerprovidedinSection11.3;and

(iii)thesuccessorGeneralPartnershallbeadmittedtothePartnershipasGeneralPartner,effectiveasoftheEventofWithdrawal,byagreeinginwritingtobeboundbythisAgreement;

provided ,thattherightoftheholdersofaUnitMajoritytoapproveasuccessorGeneralPartnerandtocontinuethebusinessofthePartnershipshallnotexistandmaynotbeexercisedunlessthePartnershiphasreceivedanOpinionofCounselthat(x)theexerciseoftherightwouldnotresultinthelossoflimitedliabilityundertheDelawareActofanyLimitedPartnerand(y)neitherthePartnershipnoranyGroupMemberwouldbetreatedasanassociationtaxableasacorporationorotherwisebetaxableasanentityforU.S.federalincometaxpurposesupontheexerciseofsuchrighttocontinue(totheextentnotalreadysotreatedortaxed).

Section12.3Liquidator.

UpondissolutionofthePartnership,theGeneralPartnershallselectoneormorePersonstoactasLiquidator.TheLiquidator(ifotherthantheGeneralPartner)shallbeentitledtoreceivesuchcompensationforitsservicesasmaybeapprovedbyholdersofatleastamajorityoftheOutstandingCommonUnits.TheLiquidator(ifotherthantheGeneralPartner)shallagree

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nottoresignatanytimewithout15days’priornoticeandmayberemovedatanytime,withorwithoutcause,bynoticeofremovalapprovedbyholdersofatleastamajorityoftheOutstandingCommonUnits.Upondissolution,removalorresignationoftheLiquidator,asuccessorandsubstituteLiquidator(whoshallhaveandsucceedtoallrights,powersanddutiesoftheoriginalLiquidator)shallwithin30daysthereafterbeapprovedbyholdersofatleastamajorityoftheOutstandingCommonUnits.TherighttoapproveasuccessororsubstituteLiquidatorinthemannerprovidedhereinshallbedeemedtoreferalsotoanysuchsuccessororsubstituteLiquidatorapprovedinthemannerhereinprovided.ExceptasexpresslyprovidedinthisArticleXII,theLiquidatorapprovedinthemannerprovidedhereinshallhaveandmayexercise,withoutfurtherauthorizationorconsentofanyofthepartieshereto,allofthepowersconferredupontheGeneralPartnerunderthetermsofthisAgreement(butsubjecttoalloftheapplicablelimitations,contractualandotherwise,upontheexerciseofsuchpowers,otherthanthelimitationonsalesetforthinSection7.3)necessaryorappropriatetocarryoutthedutiesandfunctionsoftheLiquidatorhereunderforandduringtheperiodoftimerequiredtocompletethewindingupandliquidationofthePartnershipasprovidedforherein.

Section12.4Liquidation.

TheLiquidatorshallproceedtodisposeoftheassetsofthePartnership,dischargeitsliabilities,andotherwisewindupitsaffairsinsuchmannerandoversuchperiodasdeterminedbytheLiquidator,subjecttoSection17-804oftheDelawareActandthefollowing:

(a)TheassetsmaybedisposedofbypublicorprivatesaleorbydistributioninkindtooneormorePartnersonsuchtermsastheLiquidatorandsuchPartnerorPartnersmayagree.Ifanypropertyisdistributedinkind,thePartnerreceivingthepropertyshallbedeemedforpurposesofSection12.4(c)tohavereceivedcashequaltoitsfairmarketvalue;andcontemporaneouslytherewith,appropriatecashdistributionsmustbemadetotheotherPartners.TheLiquidatormaydeferliquidationordistributionofthePartnership’sassetsforareasonabletimeifitdeterminesthatanimmediatesaleordistributionofallorsomeofthePartnership’sassetswouldbeimpracticalorwouldcauseunduelosstothePartners.TheLiquidatormaydistributethePartnership’sassets,inwholeorinpart,inkindifitdeterminesthatasalewouldbeimpracticalorwouldcauseunduelosstothePartners.

(b)LiabilitiesofthePartnershipincludeamountsowedtotheLiquidatorascompensationforservinginsuchcapacity(subjecttothetermsofSection12.3)andamountstoPartnersotherwisethaninrespectoftheirdistributionrightsunderArticleVI.Withrespecttoanyliabilitythatiscontingent,conditionalorunmaturedorisotherwisenotyetdueandpayable,theLiquidatorshalleithersettlesuchclaimforsuchamountasitthinksappropriateorestablishareserveofcashorotherassetstoprovideforitspayment.Whenpaid,anyunusedportionofthereserveshallbeappliedasadditionalliquidationproceeds.

(c)Allpropertyandallcashinexcessofthatrequiredto(i)dischargeliabilitiesasprovidedinSection12.4(b),(ii)satisfyliquidationpreferencesoftheSeriesAPreferredUnitsprovidedforunderSection5.12(b)(iv),(iii)satisfyliquidationpreferencesoftheSeriesCPreferredUnitsprovidedforunderSection5.14(b)(iv),(iv)satisfyliquidationpreferencesoftheSeriesDPreferredUnitsprovidedforunderSection5.15(b)(iv),and(v)satisfyliquidationpreferencesoftheSeriesEPreferredUnitsprovidedforunder

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Section5.16(b)(iv)shallbedistributedtothePartners(includingtheholderoftheHPIPEquityInterest)inaccordancewith,andtotheextentof,thepositivebalancesintheirrespectiveCapitalAccounts,asdeterminedaftertakingintoaccountallCapitalAccountadjustments(otherthanthosemadebyreasonofdistributionspursuanttothisSection12.4(c))forthetaxableperiodofthePartnershipduringwhichtheliquidationofthePartnershipoccurs(withsuchdateofoccurrencebeingdeterminedpursuanttoTreasuryRegulationSection1.704-1(b)(2)(ii)(g)),andsuchdistributionshallbemadebytheendofsuchtaxableperiod(or,iflater,within90daysaftersaiddateofsuchoccurrence).

Section12.5CancellationofCertificateofLimitedPartnership.

UponthecompletionofthedistributionofPartnershipcashandpropertyasprovidedinSection12.4inconnectionwiththeliquidationofthePartnership,theCertificateofLimitedPartnershipandallqualificationsofthePartnershipasaforeignlimitedpartnershipinjurisdictionsotherthantheStateofDelawareshallbecanceledandsuchotheractionsasmaybenecessarytoterminatethePartnershipshallbetaken.

Section12.6ReturnofContributions.

TheGeneralPartnershallnotbepersonallyliablefor,andshallhavenoobligationtocontributeorloananymoniesorpropertytothePartnershiptoenableittoeffectuate,thereturnoftheCapitalContributionsoftheLimitedPartnersorUnitholders,oranyportionthereof,itbeingexpresslyunderstoodthatanysuchreturnshallbemadesolelyfromPartnershipassets.

Section12.7WaiverofPartition.

Tothemaximumextentpermittedbylaw,eachPartnerherebywaivesanyrighttopartitionofthePartnershipproperty.

Section12.8CapitalAccountRestoration.

NoLimitedPartnershallhaveanyobligationtorestoreanynegativebalanceinitsCapitalAccountuponliquidationofthePartnership.TheGeneralPartnershallbeobligatedtorestoreanynegativebalanceinitsCapitalAccountuponliquidationofitsinterestinthePartnershipbytheendofthetaxableperiodofthePartnershipduringwhichsuchliquidationoccurs.

Section12.9SeriesALiquidationValue,SeriesCLiquidationValue,SeriesDLiquidationValueandSeriesELiquidationValue.

NotwithstandinganythingtothecontrarysetforthinthisAgreement,theholdersoftheSeriesAPreferredUnits,theSeriesCPreferredUnits,theSeriesDPreferredUnitsandtheSeriesEPreferredUnitsshallhavetherights,preferencesandprivilegessetforthinSection5.12(b)(iv),Section5.14(b)(iv),Section5.15(b)(iv)andSection5.16(b)(iv),respectively,uponliquidationofthePartnershippursuanttothisArticleXII.

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ARTICLE XIIIAMENDMENT OF PARTNERSHIP AGREEMENT;

MEETINGS; RECORD DATE

Section13.1AmendmentstobeAdoptedSolelybytheGeneralPartner.

ExceptassetforthinSection5.12(b)(v),Section5.14(b)(v),Section5.15(b)(v)andSection5.16(b)(v),eachPartneragreesthattheGeneralPartner,withouttheapprovalofanyPartner,mayamendanyprovisionofthisAgreementandexecute,swearto,acknowledge,deliver,fileandrecordwhateverdocumentsmayberequiredinconnectiontherewith,toreflect:

(a)achangeinthenameofthePartnership,thelocationoftheprincipalplaceofbusinessofthePartnership,theregisteredagentofthePartnershiportheregisteredofficeofthePartnership;

(b)theadmission,substitution,withdrawalorremovalofPartnersinaccordancewiththisAgreement;

(c)(c)achangethattheGeneralPartnerdeterminestobenecessaryorappropriatetoqualifyorcontinuethequalificationofthePartnershipasalimitedpartnershiporapartnershipinwhichtheLimitedPartnershavelimitedliabilityunderthelawsofanystateortoensurethattheGroupMemberswillnotbetreatedasassociationstaxableascorporationsorotherwisetaxedasentitiesforfederalincometaxpurposes;

(d)(d)achangethattheGeneralPartnerdetermines,(i)doesnotadverselyaffectinanymaterialrespecttheLimitedPartnersconsideredasawholeoranyparticularclassofPartnershipInterestsascomparedtootherclassesofPartnershipInterests,(ii)tobenecessaryorappropriateto(A)satisfyanyrequirements,conditionsorguidelinescontainedinanyopinion,directive,order,rulingorregulationofanyfederalorstateagencyorjudicialauthorityorcontainedinanyfederalorstatestatute(includingtheDelawareAct)or(B)facilitatethetradingoftheUnits(includingthedivisionofanyclassorclassesofOutstandingUnitsintodifferentclassestofacilitateuniformityoftaxconsequenceswithinsuchclassesofUnits)orcomplywithanyrule,regulation,guidelineorrequirementofanyNationalSecuritiesExchangeonwhichtheUnitsareorwillbelistedoradmittedtotrading,(iii)tobenecessaryorappropriateinconnectionwithactiontakenbytheGeneralPartnerpursuanttoSection5.9or(iv)isrequiredtoeffecttheintentexpressedintheRegistrationStatementortheintentoftheprovisionsofthisAgreementorisotherwisecontemplatedbythisAgreement;

(e)(e)achangeinthefiscalyearortaxableperiodofthePartnershipandanyotherchangesthattheGeneralPartnerdeterminestobenecessaryorappropriateasaresultofachangeinthefiscalyearortaxableperiodofthePartnershipincluding,iftheGeneralPartnershallsodetermine,achangeinthedefinitionof“Quarter ”andthedatesonwhichdistributionsaretobemadebythePartnership;

(f)anamendmentthatisnecessary,intheOpinionofCounsel,topreventthePartnership,ortheGeneralPartneroritsdirectors,officers,trusteesoragentsfrominanymannerbeingsubjectedtotheprovisionsoftheInvestmentCompanyActof1940,asamended,theInvestmentAdvisersActof1940,asamended,or“planasset”regulationsadoptedundertheEmployeeRetirementIncomeSecurityActof1974,asamended,regardlessofwhethersucharesubstantiallysimilartoplanassetregulationscurrentlyappliedorproposedbytheUnitedStatesDepartmentofLabor;

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(g)anamendmentthattheGeneralPartnerdeterminestobenecessaryorappropriateinconnectionwiththecreation,authorizationorissuanceofanyclassorseriesofPartnershipInterestsandoptions,rights,warrants,appreciationrights,trackingandphantominterestsorothereconomicinterestsinthePartnershiprelatingtoPartnershipInterestspursuanttoSection5.9,includinganyamendmentthattheGeneralPartnerdeterminesisnecessaryorappropriateinconnectionwith(i)theadjustmentsoftheMinimumQuarterlyDistributionpursuanttotheprovisionsofSection5.11,(ii)theimplementationoftheprovisionsofSection5.11or(iii)anymodificationstotheIncentiveDistributionRightsmadeinconnectionwiththeissuanceofPartnershipInterestspursuanttoSection5.6,providedthat,withrespecttothisclause(iii),themodificationstotheIncentiveDistributionRightsandtherelatedissuanceofPartnershipInterestshavereceivedSpecialApproval;

(h)anyamendmentexpresslypermittedinthisAgreementtobemadebytheGeneralPartneractingalone;

(i)anamendmenteffected,necessitatedorcontemplatedbyaMergerAgreementapprovedinaccordancewithSection14.3;

(j)anamendmentthattheGeneralPartnerdeterminestobenecessaryorappropriatetoreflectandaccountfortheformationbythePartnershipof,orinvestmentbythePartnershipin,anycorporation,partnership,jointventure,limitedliabilitycompanyorotherentity,inconnectionwiththeconductbythePartnershipofactivitiespermittedbythetermsofSection2.4orSection7.1(a);

(k)(k)amerger,conveyanceorconversionpursuanttoSection14.3(d);or

(l)anyotheramendmentssubstantiallysimilartotheforegoing.

Section13.2AmendmentProcedures.

ExceptasprovidedinSection13.1andSection13.3,allamendmentstothisAgreementshallbemadeinaccordancewiththerequirementscontainedinthisSection13.2.AmendmentstothisAgreementmaybeproposedonlybytheGeneralPartner;provided ,however ,that,tothefullextentpermittedbylaw,theGeneralPartnershallhavenodutyorobligationtoproposeorapproveanyamendmenttothisAgreementandmaydeclinetodosofreeofanyduty(includinganyfiduciaryduty)orobligationwhatsoevertothePartnership,anyLimitedPartner,oranyotherPersonboundbythisAgreementand,indecliningtoproposeorapproveanamendment,tothefullestextentpermittedbylawshallnotberequiredtoactingoodfaithorpursuanttoanyotherstandardimposedbythisAgreement,anyGroupMemberAgreement,anyotheragreementcontemplatedherebyorundertheDelawareActoranyotherlaw,ruleorregulationoratequity.AproposedamendmentshallbeeffectiveuponitsapprovalbytheGeneralPartnerand,exceptasotherwiseprovidedbySection13.1andSection13.3,theholdersofaUnitMajority,unlessagreaterordifferentpercentageisrequiredunderthisAgreement.EachproposedamendmentthatrequirestheapprovaloftheholdersofaspecifiedpercentageofOutstandingUnitsshallbeset

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forthinawritingthatcontainsthetextoftheproposedamendment.Ifsuchanamendmentisproposed,theGeneralPartnershallseekthewrittenapprovaloftherequisitepercentageofOutstandingUnitsorcallameetingoftheUnitholderstoconsiderandvoteonsuchproposedamendment.TheGeneralPartnershallnotifyallRecordHoldersuponfinaladoptionofanysuchproposedamendments.TheGeneralPartnershallbedeemedtohavenotifiedallRecordHoldersasrequiredbythisSection13.2ifithaseither(i)filedsuchamendmentwiththeCommissionviaitsElectronicDataGathering,AnalysisandRetrievalsystem,oranysuccessorsystem,andsuchamendmentispubliclyavailableonsuchsystemor(ii)madesuchamendmentavailableonanypubliclyavailablewebsitemaintainedbythePartnership.

Section13.3AmendmentRequirements.

(a)NotwithstandingtheprovisionsofSection13.1andSection13.2,noprovisionofthisAgreementthatestablishesapercentageofOutstandingUnits(includingUnitsdeemedownedbytheGeneralPartner)orrequiresavoteorapprovalofPartners(orasubsetofthePartners)holdingaspecifiedPercentageInterestrequiredtotakeanyactionshallbeamended,altered,changed,repealedorrescindedinanyrespectthatwouldhavetheeffectofinthecaseofanyprovisionofthisAgreementotherthanSection11.2orSection13.4,reducingsuchpercentage,unlesssuchamendmentisapprovedbythewrittenconsentortheaffirmativevoteofholdersofOutstandingUnitswhoseaggregateOutstandingUnitsconstitutenotlessthanthevotingrequirementsoughttobereducedorincreased,asapplicableortheaffirmativevoteofPartnerswhoseaggregatePercentageInterestconstitutesnotlessthanthevotingrequirementsoughttobereduced,asapplicable.

(b)NotwithstandingtheprovisionsofSection13.1andSection13.2,noamendmenttothisAgreementmay(i)enlargetheobligationsof(includingrequiringanyholderofaclassofPartnershipIntereststomakeadditionalCapitalContributionstothePartnership)anyLimitedPartnerwithoutitsconsent,unlesssuchshallbedeemedtohaveoccurredasaresultofanamendmentapprovedpursuanttoSection13.3(c),or(ii)enlargetheobligationsof,restrict,changeormodifyinanywayanyactionbyorrightsof,orreduceinanywaytheamountsdistributable,reimbursableorotherwisepayableto,theGeneralPartneroranyofitsAffiliateswithoutitsconsent,whichconsentmaybegivenorwithheldatitsoption.

(c)ExceptasprovidedinSection14.3andSection13.1(thisSection13.3(c)beingsubjecttotheGeneralPartner’sauthoritytoadoptamendmentstothisAgreementwithouttheapprovalofanyPartnersascontemplatedinSection13.1),anyamendmentthatwouldhaveamaterialadverseeffectontherightsorpreferencesofanyclassofPartnershipInterestsinrelationtootherclassesofPartnershipInterestsmustbeapprovedbytheholdersofnotlessthanamajorityoftheOutstandingPartnershipInterestsoftheclassorseriesaffected.IftheGeneralPartnerdeterminesanamendmentdoesnotsatisfytherequirementsofSection13.1(d)(i)becauseitadverselyaffectsoneormoreclassesofPartnershipInterests,ascomparedtootherclassesofPartnershipInterests,inanymaterialrespect,suchamendmentshallonlyberequiredtobeapprovedbytheadverselyaffectedclassorclasses.

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(d)NotwithstandinganyotherprovisionofthisAgreement,exceptforamendmentspursuanttoSection13.1andexceptasotherwiseprovidedbySection14.3(b),noamendmentsshallbecomeeffectivewithouttheapprovaloftheholdersofatleast90%ofthePercentageInterestsofallLimitedPartnersvotingasasingleclassunlessthePartnershipobtainsanOpinionofCounseltotheeffectthatsuchamendmentwillnotaffectthelimitedliabilityofanyLimitedPartnerunderapplicablepartnershiplawofthestateunderwhoselawsthePartnershipisorganized.

(e)ExceptasprovidedinSection13.1,thisSection13.3shallonlybeamendedwiththeapprovalofPartners(includingtheGeneralPartneranditsAffiliates)holdingatleast90%ofthePercentageInterestsofallLimitedPartners.

Section13.4SpecialMeetings.

AllactsofLimitedPartnerstobetakenpursuanttothisAgreementshallbetakeninthemannerprovidedinthisArticleXIII.SpecialmeetingsoftheLimitedPartnersmaybecalledbytheGeneralPartnerorbyLimitedPartnersowning20%ormoreoftheOutstandingUnitsoftheclassorclassesforwhichameetingisproposed.LimitedPartnersshallcallaspecialmeetingbydeliveringtotheGeneralPartneroneormorerequestsinwritingstatingthatthesigningLimitedPartnerswishtocallaspecialmeetingandindicatingthegeneralorspecificpurposesforwhichthespecialmeetingistobecalled.Within60daysafterreceiptofsuchacallfromLimitedPartnersorwithinsuchgreatertimeasmaybereasonablynecessaryforthePartnershiptocomplywithanystatutes,rules,regulations,listingagreementsorsimilarrequirementsgoverningtheholdingofameetingorthesolicitationofproxiesforuseatsuchameeting,theGeneralPartnershallsendanoticeofthemeetingtotheLimitedPartnerseitherdirectlyorindirectlythroughtheTransferAgent.AmeetingshallbeheldatatimeandplacedeterminedbytheGeneralPartneronadatenotlessthan10daysnormorethan60daysafterthetimenoticeofthemeetingisgivenasprovidedinSection16.1.LimitedPartnersshallnotvoteonmattersthatwouldcausetheLimitedPartnerstobedeemedtobetakingpartinthemanagementandcontrolofthebusinessandaffairsofthePartnershipsoastojeopardizetheLimitedPartners’limitedliabilityundertheDelawareActorthelawofanyotherstateinwhichthePartnershipisqualifiedtodobusiness.

Section13.5NoticeofaMeeting.

NoticeofameetingcalledpursuanttoSection13.4shallbegiventotheRecordHoldersoftheclassorclassesofUnitsforwhichameetingisproposedinwritingbymailorothermeansofwrittencommunicationinaccordancewithSection16.1.Thenoticeshallbedeemedtohavebeengivenatthetimewhendepositedinthemailorsentbyothermeansofwrittencommunication.

Section13.6RecordDate.

ForpurposesofdeterminingtheLimitedPartnersentitledtonoticeofortovoteatameetingoftheLimitedPartnersortogiveapprovalswithoutameetingasprovidedinSection13.11theGeneralPartnermaysetaRecordDate,whichshallnotbelessthan10normorethan60daysbefore(a)thedateofthemeeting(unlesssuchrequirementconflictswithanyrule,regulation,guidelineorrequirementofanyNationalSecuritiesExchangeonwhichtheUnitsarelistedoradmittedtotradingorU.S.federalsecuritieslaws,inwhichcasetherule,regulation,guidelineorrequirementofsuchNationalSecuritiesExchangeorU.S.federalsecuritieslaws

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shallgovern)or(b)intheeventthatapprovalsaresoughtwithoutameeting,thedatebywhichLimitedPartnersarerequestedinwritingbytheGeneralPartnertogivesuchapprovals.IftheGeneralPartnerdoesnotsetaRecordDate,then(a)theRecordDatefordeterminingtheLimitedPartnersentitledtonoticeofortovoteatameetingoftheLimitedPartnersshallbethecloseofbusinessonthedaynextprecedingthedayonwhichnoticeisgiven,and(b)theRecordDatefordeterminingtheLimitedPartnersentitledtogiveapprovalswithoutameetingshallbethedatethefirstwrittenapprovalisdepositedwiththePartnershipincareoftheGeneralPartnerinaccordancewithSection13.11.

Section13.7Adjournment.

Whenameetingisadjournedtoanothertimeorplace,noticeneednotbegivenoftheadjournedmeetingandanewRecordDateneednotbefixed,ifthetimeandplacethereofareannouncedatthemeetingatwhichtheadjournmentistaken,unlesssuchadjournmentshallbeformorethan45days.Attheadjournedmeeting,thePartnershipmaytransactanybusinessthatmighthavebeentransactedattheoriginalmeeting.Iftheadjournmentisformorethan45daysorifanewRecordDateisfixedfortheadjournedmeeting,anoticeoftheadjournedmeetingshallbegiveninaccordancewiththisArticleXIII.

Section13.8WaiverofNotice;ApprovalofMeeting;ApprovalofMinutes.

ThetransactionsofanymeetingofLimitedPartners,however calledandnoticed,andwheneverheld,shallbeasvalidasifithadoccurredatameetingdulyheldafterregularcallandnotice,ifaquorumispresenteitherinpersonorbyproxy.AttendanceofaLimitedPartneratameetingshallconstituteawaiverofnoticeofthemeeting,exceptwhentheLimitedPartnerattendsthemeetingfortheexpresspurposeofobjecting,atthebeginningofthemeeting,tothetransactionofanybusinessbecausethemeetingisnotlawfullycalledorconvened;andexceptthatattendanceatameetingisnotawaiverofanyrighttodisapprovetheconsiderationofmattersrequiredtobeincludedinthenoticeofthemeeting,butnotsoincluded,ifthedisapprovalisexpresslymadeatthemeeting.

Section13.9QuorumandVoting.

Theholdersofamajority,byPercentageInterest,ofthePartnershipInterestsoftheclassorclassesforwhichameetinghasbeencalled(includingPartnershipInterestsdeemedownedbytheGeneralPartner)representedinpersonorbyproxyshallconstituteaquorumatameetingofPartnersofsuchclassorclassesunlessanysuchactionbythePartnersrequiresapprovalbyholdersofagreaterPercentageInterest,inwhichcasethequorumshallbesuchgreaterPercentageInterest.AtanymeetingofthePartnersdulycalledandheldinaccordancewiththisAgreementatwhichaquorumispresent,theactofPartnersholdingPartnershipIntereststhatintheaggregaterepresentamajorityofthePercentageInterestofthosepresentinpersonorbyproxyatsuchmeetingshallbedeemedtoconstitutetheactofallPartners,unlessagreaterordifferentpercentageisrequiredwithrespecttosuchactionundertheprovisionsofthisAgreement,inwhichcasetheactofthePartnersholdingPartnershipIntereststhatintheaggregaterepresentatleastsuchgreaterordifferentpercentageshallberequired;provided ,however ,thatif,asamatteroflaworamendmenttothisAgreement,approvalbypluralityvoteofPartners(oranyclassthereof)isrequiredtoapproveanyaction,nominimumquorumshallbe

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required.ThePartnerspresentatadulycalledorheldmeetingatwhichaquorumispresentmaycontinuetotransactbusinessuntiladjournment,notwithstandingthewithdrawalofenoughPartnerstoleavelessthanaquorum,ifanyactiontaken(otherthanadjournment)isapprovedbyPartnersholdingtherequiredPercentageInterestspecifiedinthisAgreement.IntheabsenceofaquorumanymeetingofPartnersmaybeadjournedfromtimetotimebytheaffirmativevoteofPartnerswithatleastamajority,byPercentageInterest,ofthePartnershipInterestsentitledtovoteatsuchmeeting(includingPartnershipInterestsdeemedownedbytheGeneralPartner)representedeitherinpersonorbyproxy,butnootherbusinessmaybetransacted,exceptasprovidedinSection13.7.

Section13.10ConductofaMeeting.

TheGeneralPartnershallhavefullpowerandauthorityconcerningthemannerofconductinganymeetingoftheLimitedPartnersorsolicitationofapprovalsinwriting,includingthedeterminationofPersonsentitledtovote,theexistenceofaquorum,thesatisfactionoftherequirementsofSection13.4,theconductofvoting,thevalidityandeffectofanyproxiesandthedeterminationofanycontroversies,votesorchallengesarisinginconnectionwithorduringthemeetingorvoting.TheGeneralPartnershalldesignateaPersontoserveaschairmanofanymeetingandshallfurtherdesignateaPersontotaketheminutesofanymeeting.AllminutesshallbekeptwiththerecordsofthePartnershipmaintainedbytheGeneralPartner.TheGeneralPartnermaymakesuchotherregulationsconsistentwithapplicablelawandthisAgreementasitmaydeemadvisableconcerningtheconductofanymeetingoftheLimitedPartnersorsolicitationofapprovalsinwriting,includingregulationsinregardtotheappointmentofproxies,theappointmentanddutiesofinspectorsofvotesandapprovals,thesubmissionandexaminationofproxiesandotherevidenceoftherighttovote,andtherevocationofapprovalsinwriting.

Section13.11ActionWithoutaMeeting.

IfauthorizedbytheGeneralPartner,anyactionthatmaybetakenatameetingoftheLimitedPartnersmaybetakenwithoutameeting,withoutavoteandwithoutpriornotice,ifanapprovalinwritingsettingforththeactionsotakenissignedbyLimitedPartnersowningnotlessthantheminimumpercentage,byPercentageInterest,ofthePartnershipInterestsoftheclassorclassesforwhichameetinghasbeencalled(includingPartnershipInterestsdeemedownedbytheGeneralPartner),asthecasemaybe,thatwouldbenecessarytoauthorizeortakesuchactionatameetingatwhichalltheLimitedPartnersentitledtovoteatsuchmeetingwerepresentandvoted(unlesssuchprovisionconflictswithanyrule,regulation,guidelineorrequirementofanyNationalSecuritiesExchangeonwhichtheUnitsarelistedoradmittedtotrading,inwhichcasetherule,regulation,guidelineorrequirementofsuchNationalSecuritiesExchangeshallgovern).PromptnoticeofthetakingofactionwithoutameetingshallbegiventotheLimitedPartnerswhohavenotapprovedinwriting.TheGeneralPartnermayspecifythatanywrittenballot,ifany,submittedtoLimitedPartnersforthepurposeoftakinganyactionwithoutameetingshallbereturnedtothePartnershipwithinthetimeperiod,whichshallbenotlessthan20days,specifiedbytheGeneralPartner.IfaballotreturnedtothePartnershipdoesnotvotealloftheUnitsheldbytheLimitedPartners,thePartnershipshallbedeemedtohavefailedtoreceiveaballotfortheUnitsthatwerenotvoted.IfapprovalofthetakingofanyactionbytheLimitedPartnersissolicitedbyanyPersonotherthanbyoronbehalfoftheGeneralPartner,thewrittenapprovalsshallhavenoforceandeffectunlessanduntil(a)theyaredepositedwiththe

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PartnershipincareoftheGeneralPartnerand(b)anOpinionofCounselisdeliveredtotheGeneralPartnertotheeffectthattheexerciseofsuchrightandtheactionproposedtobetakenwithrespecttoanyparticularmatter(i)willnotcausetheLimitedPartnerstobedeemedtobetakingpartinthemanagementandcontrolofthebusinessandaffairsofthePartnershipsoastojeopardizetheLimitedPartners’limitedliability,and(ii)isotherwisepermissibleunderthestatestatutesthengoverningtherights,dutiesandliabilitiesofthePartnershipandthePartners.NothingcontainedinthisSection13.11shallbedeemedtorequiretheGeneralPartnertosolicitallLimitedPartnersinconnectionwithamatterapprovedbytheholdersoftherequisitePercentageInterestactingbywrittenconsentwithoutameeting.

Section13.12RighttoVoteandRelatedMatters.

(a)OnlythoseRecordHoldersoftheOutstandingUnitsontheRecordDatesetpursuanttoSection13.6shallbeentitledtonoticeof,andtovoteat,ameetingofLimitedPartnersortoactwithrespecttomattersastowhichtheholdersoftheOutstandingUnitshavetherighttovoteortoact.AllreferencesinthisAgreementtovotesof,orotheractsthatmaybetakenby,theOutstandingUnitsshallbedeemedtobereferencestothevotesoractsoftheRecordHoldersofsuchOutstandingUnits.

(b)WithrespecttoUnitsthatareheldforaPerson’saccountbyanotherPerson(suchasabroker,dealer,bank,trustcompanyorclearingcorporation,oranagentofanyoftheforegoing),inwhosenamesuchUnitsareregistered,suchotherPersonshall,inexercisingthevotingrightsinrespectofsuchUnitsonanymatter,andunlessthearrangementbetweensuchPersonsprovidesotherwise,votesuchUnitsinfavorof,andatthedirectionof,thePersonwhoisthebeneficialowner,andthePartnershipshallbeentitledtoassumeitissoactingwithoutfurtherinquiry.TheprovisionsofthisSection13.12(b)(aswellasallotherprovisionsofthisAgreement)aresubjecttotheprovisionsofSection4.3.

ARTICLE XIV

MERGER, CONSOLIDATION OR CONVERSION

Section14.1Authority.

ThePartnershipmaymergeorconsolidatewithorintooneormorecorporations,limitedliabilitycompanies,statutorytrustsorassociations,realestateinvestmenttrusts,commonlawtrustsorunincorporatedbusinesses,includingapartnership(whethergeneralorlimited(includingalimitedliabilitypartnership))orconvertintoanysuchentity,whethersuchentityisformedunderthelawsoftheStateofDelawareoranyotherstateoftheUnitedStatesofAmerica,pursuanttoawrittenplanofmergerorconsolidation(“Merger Agreement ”)orawrittenplanofconversion(“Plan of Conversion ”),asthecasemaybe,inaccordancewiththisArticleXIV.

Section14.2ProcedureforMerger,ConsolidationorConversion.

(a)Merger,consolidationorconversionofthePartnershippursuanttothisArticleXIVrequiresthepriorconsentoftheGeneralPartner,provided ,however ,that,tothefullestextentpermittedbylaw,theGeneralPartnershallhavenodutyorobligationtoconsenttoanymerger,consolidationorconversionofthePartnershipandmaydeclinetodosofreeofanyfiduciarydutyorobligationwhatsoevertothePartnership,anyLimitedPartnerand,indecliningtoconsenttoamerger,consolidationorconversion,shallnotberequiredtoactingoodfaithorpursuanttoanyotherstandardimposedbythisAgreement,anyotheragreementcontemplatedherebyorundertheDelawareActoranyotherlaw,ruleorregulationoratequity.

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(b)IftheGeneralPartnershalldeterminetoconsenttothemergerorconsolidation,theGeneralPartnershallapprovetheMergerAgreement,whichshallsetforth:

(i)thenameandjurisdictionofformationororganizationofeachofthebusinessentitiesproposingtomergeorconsolidate;

(ii)thenameandjurisdictionofformationororganizationofthebusinessentitythatistosurvivetheproposedmergerorconsolidation(the“Surviving Business Entity ”);

(iii)thetermsandconditionsoftheproposedmergerorconsolidation;

(iv)themannerandbasisofexchangingorconvertingtheequityinterestsofeachconstituentbusinessentityfor,orinto,cash,propertyorinterests,rights,securitiesorobligationsoftheSurvivingBusinessEntity;and(i)ifanyinterests,securitiesorrightsofanyconstituentbusinessentityarenottobeexchangedorconvertedsolelyfor,orinto,cash,propertyorinterests,rights,securitiesorobligationsoftheSurvivingBusinessEntity,thenthecash,propertyorinterests,rights,securitiesorobligationsofanygeneralorlimitedpartnership,corporation,trust,limitedliabilitycompany,unincorporatedbusinessorotherentity(otherthantheSurvivingBusinessEntity)thattheholdersofsuchinterests,securitiesorrightsaretoreceiveinexchangefor,oruponconversionoftheirinterests,securitiesorrights,and(ii)inthecaseofequityinterestsrepresentedbycertificates,uponthesurrenderofsuchcertificates,whichcash,propertyorinterests,rights,securitiesorobligationsoftheSurvivingBusinessEntityoranygeneralorlimitedpartnership,corporation,trust,limitedliabilitycompany,unincorporatedbusinessorotherentity(otherthantheSurvivingBusinessEntity),orevidencesthereof,aretobedelivered;

(v)(v)astatementofanychangesintheconstituentdocumentsortheadoptionofnewconstituentdocuments(thearticlesorcertificateofincorporation,articlesoftrust,declarationoftrust,certificateoragreementoflimitedpartnership,certificateofformationorlimitedliabilitycompanyagreementorothersimilarcharterorgoverningdocument)oftheSurvivingBusinessEntitytobeeffectedbysuchmergerorconsolidation;

(vi)theeffectivetimeofthemerger,whichmaybethedateofthefilingofthecertificateofmergerpursuanttoSection14.5oralaterdatespecifiedinordeterminableinaccordancewiththeMergerAgreement(provided ,thatiftheeffectivetimeofthemergeristobelaterthanthedateofthefilingofsuchcertificateofmerger,theeffectivetimeshallbefixedatadateortimecertainandstatedinthecertificateofmerger);and

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(vii)suchotherprovisionswithrespecttotheproposedmergerorconsolidationthattheGeneralPartnerdeterminestobenecessaryorappropriate.

(c)IftheGeneralPartnershalldeterminetoconsenttotheconversion,theGeneralPartnershallapprovethePlanofConversion,whichshallsetforth:

(i)thenameoftheconvertingentityandtheconvertedentity;

(ii)astatementthatthePartnershipiscontinuingitsexistenceintheorganizationalformoftheconvertedentity;

(iii)astatementastothetypeofentitythattheconvertedentityistobeandthestateorcountryunderthelawsofwhichtheconvertedentityistobeincorporated,formedororganized;

(iv)themannerandbasisofexchangingorconvertingtheequityinterestsorotherrightsorsecuritiesoftheconvertingentityfor,orinto,cash,property,rights,securitiesorinterestsoftheconvertedentity,or,inadditiontoorinlieuthereof,cash,property,rights,securitiesorinterestsofanotherentity;

(v)inanattachmentorexhibit,thecertificateofconversion;and

(vi)inanattachmentorexhibit,thearticlesofincorporation,orotherorganizationaldocumentsoftheconvertedentity;

(vii)theeffectivetimeoftheconversion,whichmaybethedateofthefilingofthecertificateofconversionoralaterdatespecifiedinordeterminableinaccordancewiththePlanofConversion(provided ,thatiftheeffectivetimeoftheconversionistobelaterthanthedateofthefilingofsuchcertificateofconversion,theeffectivetimeshallbefixedatadateortimecertainatorpriortothetimeofthefilingofsuchcertificateofconversionandstatedtherein);and(viii)suchotherprovisionswithrespecttotheproposedconversionthattheGeneralPartnerdeterminestobenecessaryorappropriate.

Section14.3ApprovalbyLimitedPartners.

(a)ExceptasprovidedinSection14.3(d),Section5.12(b)(v),Section5.14(b)(v),Section5.15(b)(v)andSection5.16(b)(v),theGeneralPartner,uponitsapprovaloftheMergerAgreementorthePlanofConversion,asthecasemaybe,shalldirectthattheMergerAgreementorthePlanofConversion,asapplicable,besubmittedtoavoteofLimitedPartners,whetherataspecialmeetingorbywrittenconsent,ineithercaseinaccordancewiththerequirementsofArticleXIII.AcopyorasummaryoftheMergerAgreementorthePlanofConversion,asthecasemaybe,shallbeincludedinorenclosedwiththenoticeofaspecialmeetingorthewrittenconsent.

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(b)ExceptasprovidedinSection14.3(d),Section14.3(e),Section5.12(b)(v),Section5.14(b)(v),Section5.15(b)(v)andSection5.16(b)(v),theMergerAgreementorthePlanofConversion,asthecasemaybe,shallbeapproveduponreceivingtheaffirmativevoteorconsentoftheholdersofaUnitMajorityunlesstheMergerAgreementorthePlanofConversion,asthecasemaybe,effectsanamendmenttoanyprovisionofthisAgreementthat,ifcontainedinanamendmenttothisAgreementadoptedpursuanttoArticleXIII,wouldrequireforitsapprovalthevoteorconsentoftheholdersofagreaterpercentageoftheOutstandingUnitsorofanyclassofLimitedPartners,inwhichcasesuchgreaterpercentagevoteorconsentshallberequiredforapprovaloftheMergerAgreementorthePlanofConversion,asthecasemaybe.

(c)ExceptasprovidedinSection14.3(d),Section14.3(e),Section5.12(b)(v),Section5.14(b)(v),Section5.15(b)(v)andSection5.16(b)(v),aftersuchapprovalbyvoteorconsentoftheLimitedPartners,andatanytimepriortothefilingofthecertificateofmergerorcertificateofconversionpursuanttoSection14.5,themerger,consolidationorconversionmaybeabandonedpursuanttoprovisionstherefor,ifany,setforthintheMergerAgreementorthePlanofConversion,asthecasemaybe.

(d)NotwithstandinganythingelsecontainedinthisArticleXIVorinthisAgreement,theGeneralPartnerispermitted,withoutLimitedPartnerapproval,toconvertthePartnershiporanyGroupMemberintoanewlimitedliabilityentity,tomergethePartnershiporanyGroupMemberinto,orconveyallofthePartnership’sassetsto,anotherlimitedliabilityentitythatshallbenewlyformedandshallhavenoassets,liabilitiesoroperationsatthetimeofsuchmerger,conveyanceorconversionotherthanthoseitreceivesfromthePartnershiporotherGroupMemberif(i)theGeneralPartnerhasreceivedanOpinionofCounselthatthemerger,conveyanceorconversion,asthecasemaybe,wouldnotresultinthelossofthelimitedliabilityofanyLimitedPartnerascomparedtoitslimitedliabilityundertheDelawareActorcausethePartnershiporanyGroupMembertobetreatedasanassociationtaxableasacorporationorotherwisetobetaxedasanentityforU.S.federalincometaxpurposes(totheextentnotalreadytreatedassuch),(ii)thesolepurposeofsuchmerger,conveyanceorconversionistoeffectamerechangeinthelegalformofthePartnershipintoanotherlimitedliabilityentityand(iii)theGeneralPartnerdeterminesthatthegoverninginstrumentsofthenewentityprovidetheLimitedPartnersandtheGeneralPartnerwithsubstantiallythesamerightsandobligationsasarehereincontained.

(e)Additionally,notwithstandinganythingelsecontainedinthisArticleXIVorinthisAgreement,theGeneralPartnerispermitted,withoutLimitedPartnerapproval,tomergeorconsolidatethePartnershipwithorintoanotherentityif(A)theGeneralPartnerhasreceivedanOpinionofCounselthatthemergerorconsolidation,asthecasemaybe,wouldnotresultinthelossofthelimitedliabilityofanyLimitedPartnerascomparedtoitslimitedliabilityundertheDelawareActorcausethePartnershiporanyGroupMembertobetreatedasanassociationtaxableasacorporationorotherwisetobetaxedasanentityforU.S.federalincometaxpurposes(totheextentnotalreadytreatedassuch),(B)themergerorconsolidationwouldnotresultinanamendmenttothisAgreement,otherthananyamendmentsthatcouldbeadoptedpursuanttoSection13.1,(C)thePartnershipistheSurvivingBusinessEntityinsuchmergerorconsolidation,(D)eachPartnershipInterestoutstandingimmediatelypriortotheeffectivedateofthemergerorconsolidationistobeanidenticalPartnershipInterestofthePartnershipaftertheeffectivedateofthemergerorconsolidation,and(E)thenumberofPartnershipIntereststobeissuedbythePartnershipinsuchmergerorconsolidationdoesnotexceed20%ofthePartnershipInterests(otherthantheIncentiveDistributionRights)Outstandingimmediatelypriortotheeffectivedateofsuchmergerorconsolidation.

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Section14.4AmendmentofPartnershipAgreement.

PursuanttoSection17-211(g)oftheDelawareAct,anagreementofmergerorconsolidationapprovedinaccordancewiththisArticleXIVmay(a)effectanyamendmenttothisAgreementor(b)effecttheadoptionofanewpartnershipagreementforthePartnershipifitistheSurvivingBusinessEntity.AnysuchamendmentoradoptionmadepursuanttothisSection14.4shallbeeffectiveattheeffectivetimeordateofthemergerorconsolidation.

Section14.5CertificateofMergerorCertificateofConversion.

UpontherequiredapprovalbytheGeneralPartnerandtheUnitholdersofaMergerAgreementorthePlanofConversion,asthecasemaybe,acertificateofmergerorcertificateofconversion,asapplicable,shallbeexecutedandfiledwiththeSecretaryofStateoftheStateofDelawareinconformitywiththerequirementsoftheDelawareAct.

Section14.6EffectofMerger,ConsolidationorConversion.

(a)Attheeffectivetimeofthemerger:

(i)alloftherights,privilegesandpowersofeachofthebusinessentitiesthathasmergedorconsolidated,andallproperty,real,personalandmixed,andalldebtsduetoanyofthosebusinessentitiesandallotherthingsandcausesofactionbelongingtoeachofthosebusinessentities,shallbevestedintheSurvivingBusinessEntityandafterthemergerorconsolidationshallbethepropertyoftheSurvivingBusinessEntitytotheextenttheywereofeachconstituentbusinessentity;

(ii)thetitletoanyrealpropertyvestedbydeedorotherwiseinanyofthoseconstituentbusinessentitiesshallnotrevertandisnotinanywayimpairedbecauseofthemergerorconsolidation;and

(iii)allrightsofcreditorsandallliensonorsecurityinterestsinpropertyofanyofthoseconstituentbusinessentitiesshallbepreservedunimpaired;and(iv)alldebts,liabilitiesanddutiesofthoseconstituentbusinessentitiesshallattachtotheSurvivingBusinessEntityandmaybeenforcedagainstittothesameextentasifthedebts,liabilitiesanddutieshadbeenincurredorcontractedbyit.

(b)Attheeffectivetimeoftheconversion:

(i)thePartnershipshallcontinuetoexist,withoutinterruption,butintheorganizationalformoftheconvertedentityratherthaninitspriororganizationalform;

(ii)allrights,title,andintereststoallrealestateandotherpropertyownedbythePartnershipshallcontinuetobeownedbytheconvertedentityinitsneworganizationalformwithoutreversionorimpairment,withoutfurtheractordeed,andwithoutanytransferorassignmenthavingoccurred,butsubjecttoanyexistingliensorotherencumbrancesthereon;

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(iii)allliabilitiesandobligationsofthePartnershipshallcontinuetobeliabilitiesandobligationsoftheconvertedentityinitsneworganizationalformwithoutimpairmentordiminutionbyreasonoftheconversion;

(iv)allrightsofcreditorsorotherpartieswithrespecttooragainstthepriorinterestholdersorotherownersofthePartnershipintheircapacitiesassuchinexistenceasoftheeffectivetimeoftheconversionwillcontinueinexistenceastothoseliabilitiesandobligationsandmaybepursuedbysuchcreditorsandobligeesasiftheconversiondidnotoccur;and

(v)aproceedingpendingbyoragainstthePartnershiporbyoragainstanyofPartnersintheircapacitiesassuchmaybecontinuedbyoragainsttheconvertedentityinitsneworganizationalformandbyoragainstthepriorpartnerswithoutanyneedforsubstitutionofparties;and(vi)thePartnershipUnitsorotherrights,securitiesorinterestsofthePartnershipthataretobeconvertedintocash,property,rights,securitiesorinterestsintheconvertedentity,orrights,securitiesorinterestsinanyotherentity,asprovidedinthePlanofConversionshallbesoconverted,andPartnersshallbeentitledonlytotherightsprovidedinthePlanofConversion.

ARTICLE XV

RIGHT TO ACQUIRE LIMITED PARTNER INTERESTS

Section15.1RighttoAcquireLimitedPartnerInterests.

(a)NotwithstandinganyotherprovisionofthisAgreement,ifatanytimetheGeneralPartneranditsAffiliatesholdmorethan80%ofthetotalLimitedPartnerInterestsofanyclassthenOutstanding,theGeneralPartnershallthenhavetheright,whichrightitmayassignandtransferinwholeorinparttothePartnershiporanyAffiliateoftheGeneralPartner,exercisableinitssolediscretion,topurchaseall,butnotlessthanall,ofsuchLimitedPartnerInterestsofsuchclassthenOutstandingheldbyPersonsotherthantheGeneralPartneranditsAffiliates,atthegreaterof(x)theCurrentMarketPriceasofthedatethreedayspriortothedatethatthenoticedescribedinSection15.1(b)ismailedand(y)thehighestpricepaidbytheGeneralPartneroranyofitsAffiliatesforanysuchLimitedPartnerInterestofsuchclasspurchasedduringthe90-dayperiodprecedingthedatethatthenoticedescribedinSection15.1(b)ismailed.

(b)IftheGeneralPartner,anyAffiliateoftheGeneralPartnerorthePartnershipelectstoexercisetherighttopurchaseLimitedPartnerInterestsgrantedpursuanttoSection15.1(a),theGeneralPartnershalldelivertotheTransferAgentnoticeofsuchelectiontopurchase(the“Notice of Election toPurchase ”)andshallcausetheTransferAgenttomailacopyofsuchNoticeofElectiontoPurchasetotheRecordHoldersofLimitedPartnerInterestsofsuchclassorclasses(asofaRecordDateselectedbytheGeneralPartner)atleast10,butnotmorethan60,dayspriortothePurchaseDate.SuchNoticeofElectiontoPurchaseshallalsobe

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publishedforaperiodofatleastthreeconsecutivedaysinatleasttwodailynewspapersofgeneralcirculationprintedintheEnglishlanguageandpublishedintheBoroughofManhattan,NewYork.TheNoticeofElectiontoPurchaseshallspecifythePurchaseDateandtheprice(determinedinaccordancewithSection15.1(a))atwhichLimitedPartnerInterestswillbepurchasedandstatethattheGeneralPartner,itsAffiliateorthePartnership,asthecasemaybe,electstopurchasesuchLimitedPartnerInterests,uponsurrenderofCertificatesrepresentingsuchLimitedPartnerInterestsinthecaseofLimitedPartnerInterestsevidencedbyCertificatesinexchangeforpayment,atsuchofficeorofficesoftheTransferAgentastheTransferAgentmayspecify,orasmayberequiredbyanyNationalSecuritiesExchangeonwhichsuchLimitedPartnerInterestsarelistedoradmittedtotrading.AnysuchNoticeofElectiontoPurchasemailedtoaRecordHolderofLimitedPartnerInterestsathisaddressasreflectedintherecordsoftheTransferAgentshallbeconclusivelypresumedtohavebeengivenregardlessofwhethertheownerreceivessuchnotice.OnorpriortothePurchaseDate,theGeneralPartner,itsAffiliateorthePartnership,asthecasemaybe,shalldepositwiththeTransferAgentcashinanamountsufficienttopaytheaggregatepurchasepriceofallofsuchLimitedPartnerIntereststobepurchasedinaccordancewiththisSection15.1.IftheNoticeofElectiontoPurchaseshallhavebeendulygivenasaforesaidatleast10dayspriortothePurchaseDate,andifonorpriortothePurchaseDatethedepositdescribedintheprecedingsentencehasbeenmadeforthebenefitoftheholdersofLimitedPartnerInterestssubjecttopurchaseasprovidedherein,thenfromandafterthePurchaseDate,notwithstandingthatanyCertificateshallnothavebeensurrenderedforpurchase,allrightsoftheholdersofsuchLimitedPartnerInterestsshallthereuponcease,excepttherighttoreceivethepurchaseprice(determinedinaccordancewithSection15.1(a))forLimitedPartnerIntereststherefor,withoutinterest,uponsurrendertotheTransferAgentoftheCertificatesrepresentingsuchLimitedPartnerInterestsinthecaseofLimitedPartnerInterestsevidencedbyCertificates,andsuchLimitedPartnerInterestsshallthereuponbedeemedtobetransferredtotheGeneralPartner,itsAffiliateorthePartnership,asthecasemaybe,ontherecordbooksoftheTransferAgentandthePartnership,andtheGeneralPartneroranyAffiliateoftheGeneralPartner,orthePartnership,asthecasemaybe,shallbedeemedtobetheownerofallsuchLimitedPartnerInterestsfromandafterthePurchaseDateandshallhaveallrightsastheownerofsuchLimitedPartnerInterests.

(c)InthecaseofLimitedPartnerInterestsevidencedbyCertificates,atanytimefromandafterthePurchaseDate,aholderofanOutstandingLimitedPartnerInterestsubjecttopurchaseasprovidedinthisSection15.1maysurrenderhisCertificateevidencingsuchLimitedPartnerInteresttotheTransferAgentinexchangeforpaymentoftheamountdescribedinSection15.1(a),therefor,withoutinterestthereon.

(d)NothinginthisArticleXVshallaffectorlimitthePartnership’scallrightswithrespecttoSeriesA-2PreferredUnits,SeriesCPreferredUnits,SeriesDPreferredUnitsandSeriesEPreferredUnitssetforthinSection5.12(c),Section5.14(c),Section5.15(c)andSection5.16(c),respectively.

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ARTICLE XVI

GENERAL PROVISIONS

Section16.1AddressesandNotices;WrittenCommunications.

(a)Anynotice,demand,request,reportorproxymaterialsrequiredorpermittedtobegivenormadetoaPartnerunderthisAgreementshallbeinwritingandshallbedeemedgivenormadewhendeliveredinpersonorwhensentbyfirstclassUnitedStatesmailorbyothermeansofwrittencommunicationtothePartnerattheaddressdescribedbelow.Anynotice,paymentorreporttobegivenormadetoaPartnerhereundershallbedeemedconclusivelytohavebeengivenormade,andtheobligationtogivesuchnoticeorreportortomakesuchpaymentshallbedeemedconclusivelytohavebeenfullysatisfied,uponsendingofsuchnotice,paymentorreporttotheRecordHolderofsuchPartnershipInterestsathisaddressasshownontherecordsoftheTransferAgentorasotherwiseshownontherecordsofthePartnership,regardlessofanyclaimofanyPersonwhomayhaveaninterestinsuchPartnershipInterestsbyreasonofanyassignmentorotherwise.Notwithstandingtheforegoing,if(i)aPartnershallconsenttoreceivingnotices,demands,requests,reportsorproxymaterialsviaelectronicmailorbytheInternetor(ii)therulesoftheCommissionshallpermitanyreportorproxymaterialstobedeliveredelectronicallyormadeavailableviatheInternet,anysuchnotice,demand,request,reportorproxymaterialsshallbedeemedgivenormadewhendeliveredormadeavailableviasuchmodeofdelivery.Anaffidavitorcertificateofmakingofanynotice,paymentorreportinaccordancewiththeprovisionsofthisSection16.1executedbytheGeneralPartner,theTransferAgentorthemailingorganizationshallbeprimafacieevidenceofthegivingormakingofsuchnotice,paymentorreport.Ifanynotice,paymentorreportgivenormadeinaccordancewiththeprovisionsofthisSection16.1isreturnedmarkedtoindicatethatsuchnotice,paymentorreportwasunabletobedelivered,suchnotice,paymentorreportand,inthecaseofnotices,paymentsorreportsreturnedbytheUnitedStatesPostalService(orotherphysicalmaildeliverymailserviceoutsidetheUnitedStatesofAmerica),anysubsequentnotices,paymentsandreportsshallbedeemedtohavebeendulygivenormadewithoutfurthermailing(untilsuchtimeassuchRecordHolderoranotherPersonnotifiestheTransferAgentorthePartnershipofachangeinhisaddress)orotherdeliveryiftheyareavailableforthePartnerattheprincipalofficeofthePartnershipforaperiodofoneyearfromthedateofthegivingormakingofsuchnotice,paymentorreporttotheotherPartners.AnynoticetothePartnershipshallbedeemedgivenifreceivedbytheGeneralPartnerattheprincipalofficeofthePartnershipdesignatedpursuanttoSection2.3.TheGeneralPartnermayrelyandshallbeprotectedinrelyingonanynoticeorotherdocumentfromaPartnerorotherPersonifbelievedbyittobegenuine.

(b)Theterms“inwriting”,“writtencommunications,”“writtennotice”andwordsofsimilarimportshallbedeemedsatisfiedunderthisAgreementbyuseofe-mailandotherformsofelectroniccommunication.

Section16.2FurtherAction.

Thepartiesshallexecuteanddeliveralldocuments,provideallinformationandtakeorrefrainfromtakingactionasmaybenecessaryorappropriatetoachievethepurposesofthisAgreement.

Section16.3BindingEffect.

ThisAgreementshallbebindinguponandinuretothebenefitofthepartiesheretoandtheirheirs,executors,administrators,successors,legalrepresentativesandpermittedassigns.

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Section16.4Integration.

ThisAgreementconstitutestheentireagreementamongthepartiesheretopertainingtothesubjectmatterhereofandsupersedesallprioragreementsandunderstandingspertainingthereto.

Section16.5Creditors.

NoneoftheprovisionsofthisAgreementshallbeforthebenefitof,orshallbeenforceableby,anycreditorofthePartnership.

Section16.6Waiver.

Nofailurebyanypartytoinsistuponthestrictperformanceofanycovenant,duty,agreementorconditionofthisAgreementortoexerciseanyrightorremedyconsequentuponabreachthereofshallconstitutewaiverofanysuchbreachofanyothercovenant,duty,agreementorcondition.

Section16.7Third-PartyBeneficiaries.

EachPartneragreesthat(a)anyIndemniteeshallbeentitledtoassertrightsandremedieshereunderasathird-partybeneficiaryheretowithrespecttothoseprovisionsofthisAgreementaffordingaright,benefitorprivilegetosuchIndemniteeand(b)anyUnrestrictedPersonshallbeentitledtoassertrightsandremedieshereunderasathird-partybeneficiaryheretowithrespecttothoseprovisionsofthisAgreementaffordingaright,benefitorprivilegetosuchUnrestrictedPerson.

Section16.8Counterparts.

ThisAgreementmaybeexecutedincounterparts,allofwhichtogethershallconstituteanagreementbindingonallthepartieshereto,notwithstandingthatallsuchpartiesarenotsignatoriestotheoriginalorthesamecounterpart.EachpartyshallbecomeboundbythisAgreement(a)immediatelyuponaffixingitssignaturehereto,(b)inthecaseoftheGeneralPartnerandtheholdersofLimitedPartnerInterestsoutstandingimmediatelypriortotheclosingoftheInitialPublicOffering,immediatelyupontheclosingoftheInitialPublicOffering,withouttheexecutionhereof,or(c)inthecaseofaPersonacquiringaLimitedPartnerInterestpursuanttoSection10.1(b),immediatelyupontheacquisitionofsuchLimitedPartnerInterest,withoutexecutionhereof.

Section16.9ApplicableLaw;Forum;VenueandJurisdiction;WaiverofTrialbyJury.

(a)ThisAgreementshallbeconstruedinaccordancewithandgovernedbythelawsoftheStateofDelaware,withoutregardtotheprinciplesofconflictsoflaw.

(b)EachofthePartnersandeachPersonholdinganybeneficialinterestinthePartnership(whetherthroughabroker,dealer,bank,trustcompanyorclearingcorporationoranagentofanyoftheforegoingorotherwise):

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(i)(i)irrevocablyagreesthatanyclaims,suits,actionsorproceedings(A)arisingoutoforrelatinginanywaytothisAgreement(includinganyclaims,suitsoractionstointerpret,applyorenforcetheprovisionsofthisAgreementortheduties,obligationsorliabilitiesamongPartnersorofPartnerstothePartnership,ortherightsorpowersof,orrestrictionson,thePartnersorthePartnership),(B)broughtinaderivativemanneronbehalfofthePartnership,(C)assertingaclaimofbreachofduty(includinganyfiduciaryduty)owedbyanydirector,officer,orotheremployeeofthePartnershiportheGeneralPartner,orowedbytheGeneralPartner,tothePartnershiporthePartners,(D)assertingaclaimarisingpursuanttoortointerpretorenforceanyprovisionoftheDelawareActor(E)assertingaclaimgovernedbytheinternalaffairsdoctrine,shallbeexclusivelybroughtintheCourtofChanceryoftheStateofDelaware,ineachcaseregardlessofwhethersuchclaims,suits,actionsorproceedingssoundincontract,tort,fraudorotherwise,arebasedoncommonlaw,statutory,equitable,legalorothergrounds,orarederivativeordirectclaims;

(ii)irrevocablysubmitstotheexclusivejurisdictionoftheCourtofChanceryoftheStateofDelawareinconnectionwithanysuchclaim,suit,actionorproceeding;

(iii)agreesnotto,andwaivesanyrightto,assertinanysuchclaim,suit,actionorproceedingthat(A)itisnotpersonallysubjecttothejurisdictionoftheCourtofChanceryoftheStateofDelawareorofanyothercourttowhichproceedingsintheCourtofChanceryoftheStateofDelawaremaybeappealed,(B)suchclaim,suit,actionorproceedingisbroughtinaninconvenientforum,or(C)thevenueofsuchclaim,suit,actionorproceedingisimproper;

(iv)expresslywaivesanyrequirementforthepostingofabondbyapartybringingsuchclaim,suit,actionorproceeding;

(v)consentstoprocessbeingservedinanysuchclaim,suit,actionorproceedingbymailing,certifiedmail,returnreceiptrequested,acopythereoftosuchpartyattheaddressineffectfornoticeshereunder,andagreesthatsuchservicesshallconstitutegoodandsufficientserviceofprocessandnoticethereof;provided ,nothinginclause(v)hereofshallaffectorlimitanyrighttoserveprocessinanyothermannerpermittedbylaw;and

(vi)IRREVOCABLYWAIVESTHERIGHTTOTRIALBYJURYINANYACTIONTOENFORCEORINTERPRETTHEPROVISIONSOFTHISAGREEMENT.

Section16.10InvalidityofProvisions.

IfanyprovisionorpartofaprovisionofthisAgreementisorbecomesforanyreason,invalid,illegalorunenforceableinanyrespect,thevalidity,legalityandenforceabilityoftheremainingprovisionsandpartthereofcontainedhereinshallnotbeaffectedtherebyandthisAgreementshall,tothefullestextentpermittedbylaw,bereformedandconstruedasifsuchinvalid,illegalorunenforceableprovision,orpartofaprovision,hadneverbeencontainedherein,andsuchprovisionorpartreformedsothatitwouldbevalid,legalandenforceabletothemaximumextentpossible.

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Section16.11ConsentofPartners.

EachPartnerherebyexpresslyconsentsandagreesthat,wheneverinthisAgreementitisspecifiedthatanactionmaybetakenupontheaffirmativevoteorconsentoflessthanallofthe

Partners,suchactionmaybesotakenupontheconcurrenceoflessthanallofthePartnersandeachPartnerandeachotherPersonboundbytheprovisionsofthisAgreementshallbeboundbytheresultsofsuchaction.

Section16.12ElectronicallyTransmittedSignatures.

Theuseoffacsimileor.pdfsignaturesaffixedinthenameandonbehalfofthetransferagentandregistrarofthePartnershiponCertificatesrepresentingCommonUnitsisexpresslypermittedbythisAgreement.

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IN WITNESS WHEREOF ,theGeneralPartnerhasexecutedthisAgreementasofthedatefirstwrittenabove.

GENERAL PARTNER



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EXHIBIT Ato the Sixth Amended and Restated

Agreement of Limited Partnership ofAmerican Midstream Partners, LP

Certificate Evidencing Common UnitsRepresenting Limited Partner Interests in

American Midstream Partners, LP

CertificateNo.NumberofCommonUnits:

InaccordancewithSection4.1oftheSixthAmendedandRestatedAgreementofLimitedPartnershipofAmericanMidstreamPartners,LP,asamended,supplementedorrestatedfromtimetotime(the“Partnership Agreement ”),AmericanMidstreamPartners,LP,aDelawarelimitedpartnership(the“Partnership ”),herebycertifiesthat(the“Holder ”)istheregisteredownerofCommonUnitsrepresentinglimitedpartnerinterestsinthePartnership(the“Common Units ”)transferableonthebooksofthePartnership,inpersonorbydulyauthorizedattorney,uponsurrenderofthisCertificateproperlyendorsed.Therights,preferencesandlimitationsoftheCommonUnitsaresetforthin,andthisCertificateandtheCommonUnitsrepresentedherebyareissuedandshallinallrespectsbesubjecttothetermsandprovisionsof,thePartnershipAgreement.CopiesofthePartnershipAgreementareonfileat,andwillbefurnishedwithoutchargeondeliveryofwrittenrequesttothePartnershipat,theprincipalofficeofthePartnershiplocatedat140016thStreet,Suite310,Denver,Colorado80202.CapitalizedtermsusedhereinbutnotdefinedshallhavethemeaningsgiventheminthePartnershipAgreement.

THEHOLDEROFTHISSECURITYACKNOWLEDGESFORTHEBENEFITOFAMERICANMIDSTREAMPARTNERS,LPTHATTHISSECURITYMAYNOTBESOLD,OFFERED,RESOLD,PLEDGEDOROTHERWISETRANSFERREDIFSUCHTRANSFERWOULD(A)VIOLATETHETHEN-APPLICABLEFEDERALORSTATESECURITIESLAWSORRULESANDREGULATIONSOFTHESECURITIESANDEXCHANGECOMMISSION,ANYSTATESECURITIESCOMMISSIONORANYOTHERGOVERNMENTALAUTHORITYWITHJURISDICTIONOVERSUCHTRANSFER,(B)TERMINATETHEEXISTENCEORQUALIFICATIONOFAMERICANMIDSTREAMPARTNERS,LPUNDERTHELAWSOFTHESTATEOFDELAWAREOR(C)CAUSEAMERICANMIDSTREAMPARTNERS,LPTOBETREATEDASANASSOCIATIONTAXABLEASACORPORATIONOROTHERWISETOBETAXEDASANENTITYFORFEDERALINCOMETAXPURPOSES(TOTHEEXTENTNOTALREADYSOTREATEDORTAXED).AMERICANMIDSTREAMGP,LLCORITSSUCCESSOR,THEGENERALPARTNEROFAMERICANMIDSTREAMPARTNERS,LP,MAYIMPOSEADDITIONALRESTRICTIONSONTHETRANSFEROFTHISSECURITYIFITRECEIVESANOPINIONOFCOUNSELTHATSUCHRESTRICTIONSARENECESSARYTOAVOIDASIGNIFICANTRISKOFAMERICANMIDSTREAMPARTNERS,LPBECOMINGTAXABLEASACORPORATIONOROTHERWISEBECOMINGTAXABLEASANENTITYFORFEDERALINCOMETAXPURPOSES.THERESTRICTIONSSETFORTH

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ABOVESHALLNOTPRECLUDETHESETTLEMENTOFANYTRANSACTIONSINVOLVINGTHISSECURITYENTEREDINTOTHROUGHTHEFACILITIESOFANYNATIONALSECURITIESEXCHANGEONWHICHTHISSECURITYISLISTEDORADMITTEDTOTRADING.

TheHolder,byacceptingthisCertificate,(i)shallbecomeboundbythetermsofthePartnershipAgreement,(ii)representsandwarrantsthattheHolderhasallright,powerandauthorityand,ifanindividual,thecapacitynecessarytoenterintothePartnershipAgreementand(iii)makesthewaiversandgivestheconsentsandapprovalscontainedinthePartnershipAgreement.

ThisCertificateshallnotbevalidforanypurposeunlessithasbeencountersignedandregisteredbytheTransferAgentandRegistrar.

Dated:AmericanMidstreamPartners,LP

CountersignedandRegisteredby:By: AmericanMidstreamGP,LLC,

itsGeneralPartner

By: asTransferAgentandRegistrarName

By:

By: AuthorizedSignatureSecretary

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ABBREVIATIONS

Thefollowingabbreviations,whenusedintheinscriptiononthefaceofthisCertificate,shallbeconstruedasfollowsaccordingtoapplicablelawsorregulations:

TENCOM—astenantsincommonUNIFGIFT/TRANSFERMINACT

TENENT—astenantsbytheentiretiesCustodian

(Cust)(Minor)

JTTEN—asjointtenantswithrightofunderUniformGifts/TransferstoCDsurvivorshipandnotastenantsMinorsAct(State)incommon

Additionalabbreviations,thoughnotintheabovelist,mayalsobeused.

FORVALUERECEIVED,herebyassigns,conveys,sellsandtransfersunto

(Pleaseprintortypewritenameand(PleaseinsertSocialSecurityorotheraddressofassignee)identifyingnumberofassignee)

CommonUnitsrepresentinglimitedpartnerinterestsevidencedbythisCertificate,subjecttothePartnershipAgreement,anddoesherebyirrevocablyconstituteandappointasitsattorney-in-factwithfullpowerofsubstitutiontotransferthesameonthebooksofAmericanMidstreamPartners,LP

Date: NOTE:ThesignaturetoanyendorsementhereonmustcorrespondwiththenameaswrittenuponthefaceofthisCertificateineveryparticular,withoutalteration,enlargementorchange.

THESIGNATURE(S)MUSTBEGUARANTEEDBYANELIGIBLEGUARANTORINSTITUTION(BANKS,STOCKBROKERS,SAVINGSAND(Signature)LOANASSOCIATIONSANDCREDITUNIONSWITHMEMBERSHIPINANAPPROVEDSIGNATUREGUARANTEEMEDALLIONPROGRAM),PURSUANTTOS.E.C.RULE17Ad-15(Signature)

NotransferoftheCommonUnitsevidencedherebywillberegisteredonthebooksofthePartnership,unlesstheCertificateevidencingtheCommonUnitstobetransferredissurrenderedforregistration.

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EXHIBIT Bto the Sixth Amended and Restated

Agreement of Limited Partnership ofAmerican Midstream Partners, LP

Form of Warrant

THIS WARRANT HAS NOT BEEN REGISTERED OR QUALIFIED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”), ORTHE SECURITIES LAWS OF ANY STATE (THE “STATE LAWS”). THIS WARRANT MAY NOT BE SOLD, ASSIGNED, TRANSFERRED,ENCUMBERED OR OTHERWISE DISPOSED OF, IN WHOLE OR IN PART, IN THE ABSENCE OF SUCH REGISTRATION ORQUALIFICATION OR THE AVAILABILITY OF AN APPLICABLE EXEMPTION FROM THE REGISTRATION AND QUALIFICATIONREQUIREMENTS OF SUCH ACT AND STATE LAWS EVIDENCED BY AN OPINION OF LEGAL COUNSEL, WHICH OPINION AND LEGALCOUNSEL ARE SATISFACTORY TO THE PARTNERSHIP.

FORM OF WARRANT TO PURCHASE COMMON UNITS OFAMERICAN MIDSTREAM PARTNERS, LP

ThisWarrantcertifiesthat,forvaluereceived,MagnoliaInfrastructureHoldings,LLC,oritsregisteredassigns(collectively,the“Holder ”),isentitledtopurchasefromAmericanMidstreamPartners,LP,aDelawarelimitedpartnership(the“Partnership ”),upto700,000commonunitsrepresentinglimitedpartnerinterestsinthePartnership(the“Common Units ”),subjecttoadjustmentassetforthherein,foranexercisepriceof$22.00perCommonUnit(the“ExercisePrice ”).ThisWarrantshallbeexercisableafterthedatehereofandonorbeforetheseventhanniversaryofthedatehereof(the“Exercise Period ”).

Asusedherein,theterm“Warrant Exercised Units ”referstotheCommonUnitsissuableuponexerciseofthisWarrant.TermsusedbutnotdefinedinthisWarrantaredefinedintheSixthAmendedandRestatedAgreementofLimitedPartnershipofthePartnershipdated[•],2017,asamended(the“Sixth A/RPartnership Agreement ”).

ThisWarrant,togetherwithallwarrantsissuedupontransfer,exchangeorinreplacementhereofpursuanttoSection4(collectively,the“Warrants ”),issubjecttothefollowingadditionalterms,provisionsandconditions:

Section1.MannerofExercise;IssuanceofCertificates;PaymentforWarrantExercisedUnits.Subjecttotheprovisionshereof,thisWarrantmaybeexercisedbytheHolder,inwholeorinpart,duringtheExercisePeriodbythesurrenderofthisWarrant,togetherwithacompletedExerciseAgreementintheformattachedhereto,tothePartnershipduringnormalbusinesshoursonanyBusinessDayatthePartnership’sofficeinHouston,Texas(orsuchotherofficeoragencyofthePartnershipasitmaydesignatebynoticetotheHolder).

Onanetunitsettlementbasis,theWarrantExercisedUnitsshallbedeemedtobeissuedtotheHolderoritsdesigneesastherecordownerofsuchCommonUnitsasofthecloseofbusinessonthedateordatesonwhichthisWarrantshallhavebeensurrenderedandthecompletedExerciseAgreementdelivered(the“Exercise Date ”).

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TheWarrantExercisedUnitsdeemedtobeissuedontheExerciseDate(whichinnoeventwillbelessthanzero)(the“Net Unit Amount ”)shallequal(i)thenumberofCommonUnitswithrespecttowhichtheHolderisexercisingpurchaserightsasspecifiedintheExerciseAgreement,multipliedby(ii)theVWAP(asdefinedbelow)ontherelevantExerciseDate,minustheExercisePrice,dividedby(iii)thearithmeticaverageofthedailyVWAP(asdefinedbelow)fortheten(10)consecutivetradingdaysendingontheExerciseDate,providedthatanyfractionalunitswillberoundedupordowntothenearestwholeCommonUnit.

Asusedherein,theterm“VWAP ”meansthedollarvolume-weightedaveragepricefortheCommonUnitsontheNewYorkStockExchangeduringtheperiodbeginningat9:30:01a.m.,NewYorktime,andendingat4:00:00p.m.,NewYorktime,asreportedbyBloombergL.P.throughits“Volume at Price ”functionor,iftheforegoingdoesnotapply,thedollarvolume-weightedaveragepriceoftheCommonUnitsintheover-the-countermarketontheelectronicbulletinboardfortheCommonUnitsduringtheperiodbeginningat9:30:01a.m.,NewYorktime,andendingat4:00:00p.m.,NewYorktime,asreportedbyBloombergL.P.,or,ifnodollarvolumeweightedaveragepriceisreportedfortheCommonUnitsbyBloombergL.P.forsuchhours,theaverageofthehighestclosingbidpriceandthelowestclosingaskpriceofanyofthemarketmakersfortheCommonUnitsasreportedintheOTCLinkor“pink sheets ”byOTCMarketsGroupInc.(formerlyPinkOTCMarketsInc.).IftheVWAPcannotbecalculatedfortheCommonUnitsonaparticulardateonanyoftheforegoingbases,theVWAPoftheCommonUnitsonsuchdateshallbethefairmarketvalueasmutuallydeterminedbythePartnershipandtheHolder.

Section2.CertainActionsProhibited.ThePartnershipwillnot,byamendmentoftheSixthA/RPartnershipAgreementorthroughanyreorganization,transferofassets,consolidation,merger,dissolution,issueorsaleofsecurities,oranyothervoluntaryaction,avoidorseektoavoidtheobservanceorperformanceofanyofthetermstobeobservedorperformedbyithereunder,butwillatalltimesingoodfaithassistinthecarryingoutofalltheprovisionsofthisWarrantandinthetakingofallsuchactionasmayreasonablyberequestedbytheHolderofthisWarrantinordertoprotecttheexerciseprivilegeoftheHolderofthisWarrantagainstdilutionorotherimpairment,consistentwiththetenorandpurposeofthisWarrant.

Section3.Anti-DilutionProvisionsandOtherAdjustments.ThenumberandkindofsecuritiespurchasableupontheexerciseofthisWarrantandtheExercisePriceshallbesubjecttoadjustment,fromtimetotime,asfollows:

(a)ConsolidationorMerger.If,atanytimewhilethisWarrantremainsoutstandingandunexpired,thePartnershipshall(i)consolidateormergewithanyotherentity(regardlessofwhetherthePartnershipisthecontinuingorsurvivingentity,exceptthatinconnectionwithaconsolidationormergerwherethePartnershipisnotthecontinuingorsurvivingentity,theCommonUnitsshallbechangedintoorexchangedforunits,stockorothersecuritiesofthesurvivingentityorcashoranyotherproperty),(ii)transferallorsubstantiallyallofitspropertiesorassetstoanyotherpersonorentityor(iii)effectacapitalreorganizationorreclassificationoftheCommonUnits,the

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Partnership,orsuchsuccessorentityasthecasemaybe,shall,withoutpaymentofanyadditionalconsiderationtherefor,executeanewwarrantprovidingthattheHoldershallhavetherighttoexercisesuchnewwarrant(upontermsnolessfavorabletotheHolderthanthoseapplicabletothisWarrantandsubjecttothesameExercisePeriodthatisapplicabletothisWarrant)andtoreceiveuponsuchexercise,inlieuofeachCommonUnittheretoforeissuableuponexerciseofthisWarrant,thekindandamountofunits,sharesofstockorothersecurities,moneyorpropertyreceivableuponsuchcapitalreorganization,reclassification,change,consolidation,mergerorsaleorconveyancebytheholderofoneCommonUnitissuableuponexerciseofthisWarranthaditbeenexercisedimmediatelypriortosuchcapitalreorganization,reclassification,change,consolidation,mergerorsaleorconveyance.TheprovisionsofthisSection3(a)shallsimilarlyapplytosuccessivecapitalreorganizations,reclassifications,changes,consolidations,mergers,salesandconveyances.

(b)DividendsandDistributionsinCommonUnits.IfthePartnershipshallpayormakeadividendorotherdistributiononitsCommonUnitsinadditionalCommonUnits,theExercisePriceineffectattheopeningofbusinessonthedayfollowingthedatefixedforthedeterminationofunitholdersentitledtoreceivesuchdividendorotherdistribution(the“Determination Date ”)shallbereducedbymultiplyingsuchExercisePricebyafraction,(i)thenumeratorofwhichshallbethenumberofCommonUnitsoutstandingasofthecloseofbusinessontheDeterminationDateand(ii)thedenominatorofwhichshallbethesumof(x)thenumberofCommonUnitsoutstandingatthecloseofbusinessontheDeterminationDateand(y)thetotalnumberofCommonUnitsconstitutingsuchdividendorotherdistribution.SuchreductionshallbecomeeffectiveimmediatelyaftertheopeningofbusinessonthedayfollowingtheDeterminationDate.ForthepurposesofthisSection3(b),thenumberofCommonUnitsatanytimeoutstandingshallnotincludeCommonUnitsheldinthetreasuryofthePartnership.ThePartnershipwillnotpayanydividendormakeanydistributiononCommonUnitsheldinthetreasuryofthePartnership.

(c)UnitSplitsorCombinations.IncasetheoutstandingCommonUnitsshallbesubdividedintoagreaternumberofCommonUnits,theExercisePriceineffectattheopeningofbusinessonthedayfollowingthedayuponwhichsuchsubdivisionbecomeseffectiveshallbereduced,and,conversely,incasetheoutstandingCommonUnitsshalleachbecombinedintoasmallernumberofCommonUnits,theExercisePriceineffectattheopeningofbusinessonthedayfollowingthedateuponwhichsuchcombinationbecomeseffectiveshallbeincreased,ineachcase,toequaltheproductoftheExercisePriceineffectonsuchdateandafraction,(i)thenumeratorofwhichshallbethenumberofCommonUnitsoutstandingimmediatelypriortosuchsubdivisionorcombination,asapplicable,and(ii)thedenominatorofwhichshallbethenumberofCommonUnitsoutstandingimmediatelyaftersuchsubdivisionorcombination,asapplicable.Suchreductionorincrease,asapplicable,shallbecomeeffectiveimmediatelyaftertheopeningofbusinessonthedayfollowingthedayuponwhichsuchsubdivisionorcombinationbecomeseffective(the“Alteration Date ”).

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(d)Reclassifications.ThereclassificationorchangeofCommonUnits(otherthananyreclassificationuponaconsolidationormergertowhichSection3(a)shallapply)intosecurities,includingsecuritiesotherthanCommonUnits,shallbedeemedtoinvolve(i)adistributionofsuchsecuritiesotherthanCommonUnitstoallholdersofCommonUnits(andtheeffectivedateofsuchreclassificationshallbedeemedtobetheDeterminationDatewithinthemeaningofSection3(b)),and(ii)asubdivisionorcombination,asapplicable,ofthenumberofCommonUnitsoutstandingimmediatelypriortosuchreclassificationintothenumberofCommonUnitsoutstandingimmediatelythereafter(andtheeffectivedateofsuchreclassificationshallbedeemedtobetheAlterationDatewithinthemeaningofSection3(c)).

(e)AdjustmentofNumberofUnits.UponeachadjustmentintheExercisePricepursuanttoSection3.1(a)-(d),thenumberofCommonUnitspurchasablehereunderattheExercisePriceshallbeadjusted,tothenearestwholeCommonUnit,totheproductobtainedbymultiplyingsuchnumberofCommonUnitspurchasableimmediatelypriortosuchadjustmentintheExercisePricebyafraction,(i)thenumeratorofwhichshallbetheExercisePriceimmediatelypriortosuchadjustmentand(ii)thedenominatorofwhichshallbetheExercisePriceimmediatelythereafter.

(f)OtherProvisionsApplicabletoAdjustmentsUnderThisSection.ThefollowingprovisionswillbeapplicabletothemakingofadjustmentsintheExercisePriceprovidedinthisSection3:

(i)NoadjustmentintheExercisePriceneedbemadeunderSection3(b)ifthePartnershipissuesordistributes(orholdsinasegregatedmannerpendingexerciseofthisWarrantintoCommonUnitsanduponsuchexercisedistributes)totheHoldertheCommonUnits,evidencesofindebtedness,assets,rights,optionsorwarrantsreferredtointhoseparagraphsthatsuchHolderwouldhavebeenentitledtoreceivehadthisWarrantbeenexercisedforCommonUnitspriortothehappeningofsucheventortherecorddatewithrespectthereto.

(ii)AllcalculationsunderthisSection3shallbemadetothenearest1/100thofacentortothenearestwholeCommonUnit,asapplicable.NoadjustmentintheExercisePriceshallberequiredunlesssuchadjustment(plusanyadjustmentsnotpreviouslymadebyreasonofthisSection3(g)(ii))wouldrequireanincreaseordecreaseofatleast1%insuchExercisePrice.

(g)NoticetotheHolder.ThePartnershipwilldelivertotheHolderwrittennotice,atthesametimeandinthesamemannerthatitisrequiredtogivesuchnoticeundertheSixthA/RPartnershipAgreementofanyeventortransactionpotentiallygivingrisetoanadjustmentormodificationofthetermsandprovisionsoftheWarrantExercisedUnits.ThePartnershipwilltakeallstepsreasonablynecessaryinordertoinsurethattheHolderisabletoexercisethisWarrantpriortothetimeofsucheventortransactionsoastoparticipateinorvotewithrespecttosucheventortransaction.

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Section4.Transfer,ExchangeandReplacementofWarrant;RepresentationsandCovenants.

(a)WarrantTransferable.TheHolderofthisWarrantmaytransferandassignittoanyAffiliate,providedthatsuchpartyisan“accreditedinvestor”withinthemeaningofRule501ofRegulationDpromulgatedundertheSecuritiesActof1933,asamended(the“Securities Act ”),aspresentlyineffect.TheHolderofthisWarrantmaynottransferandassignittoanyotherpersonwithoutthepriorwrittenconsentofthePartnership,whichconsentshallnotbeunreasonablywithheld.ThepermittedorapprovedtransferofthisWarrantandallrightshereunder,inwholeorinpart,isregistrableattheofficeoragencyofthePartnershipreferredtoinSection5bytheHolderinpersonorbyhisdulyauthorizedattorney,uponsurrenderofthisWarrantproperlyendorsed.UponanypermittedorapprovedtransferofthisWarranttoanyperson,otherthanapersonwhoisatthattimeaholderofotherWarrants,thePartnershipshallhavetherighttorequiretheHolderandthetransfereetomakecustomaryrepresentationstotheextentreasonablynecessarytoassurethatthetransferwillcomplywiththeSecuritiesActandanyapplicablestatesecuritieslaws.TheHolderofthisWarrant,bytakingorholdingthesame,consentsandagreesthatthisWarrant,whenendorsedinblank,shallbedeemednegotiable,andthattheHolder,whenthisWarrantshallhavebeensoendorsed,maybetreatedbythePartnershipandallotherpersonsdealingwiththisWarrantastheabsoluteownerandholderforanypurposeandasthepersonentitledtoexercisetherightsrepresentedbythisWarrantandtotheregistrationoftransferhereofonthebooksofthePartnership;butuntilduepresentmentforregistrationoftransferonsuchbooksthePartnershipmaytreattheregisteredHolderastheownerandholderofthisWarrantforallpurposes,andthePartnershipshallnotbeaffectedbyanynoticetothecontrary.

(b)WarrantExchangeableforDifferentDenominations.ThisWarrantisexchangeable,uponthesurrenderofthisWarrantbytheHolderattheofficeoragencyofthePartnershipreferredtoinSection5,fornewwarrantsofliketenorrepresentingintheaggregatetherighttopurchasethenumberofCommonUnitsthatmaybepurchasedhereunder,eachofsuchnewwarrantstobeimprintedwiththesamelegendappearingonthefaceofthisWarrantandtorepresenttherighttopurchasesuchnumberofCommonUnitsasshallbedesignatedbytheHolderatthetimeofsuchsurrender.

(c)ReplacementofWarrant.UponreceiptofevidencereasonablysatisfactorytothePartnershipoftheloss,theft,destruction,ormutilationofthisWarrantand,inthecaseofanysuchloss,theft,ordestruction,upondeliveryofanindemnityagreementreasonablysatisfactoryinformandamounttothePartnership,or,inthecaseofanysuchmutilation,uponsurrenderandcancellationofthisWarrant,thePartnership,atitsexpense,willexecuteanddeliver,inlieuthereof,anewwarrantofliketenor.

(d)Cancellation;PaymentofExpenses.UponthesurrenderofthisWarrantinconnectionwithanytransfer,exchange,orreplacementasprovidedinSection4(a)-(c),thisWarrantshallbepromptlycancelledbythePartnership.ThePartnershipshallpayalltaxes(otherthansecuritiestransfertaxes)andallotherexpensesandchargespayableinconnectionwiththepreparation,executionanddeliveryofWarrantspursuanttothisSection4.

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(e)Register.ThePartnershipshallmaintain,atitsofficeinHouston,Texas(orsuchotherofficeoragencyofthePartnershipasitmaydesignatebynoticetotheHolder),aregisterforthisWarrant,inwhichthePartnershipshallrecordthenameandaddressofthepersoninwhosenamethisWarranthasbeenissued,aswellasthenameandaddressofeachtransfereeandeachpriorownerofthisWarrant.

(f)RepresentationsandCovenantsofthePartnership.ThePartnershiprepresentsandcovenantsthatallWarrantExercisedUnitswill,whenissued,bevalidlyissued,fullypaidandnonassessable(excepttotheextentsuchnonassessabilitymaybeaffectedbySections17-303,17-607and17-804oftheDelawareRevisedUniformLimitedPartnershipAct).UpontheexerciseofthisWarrant,theissuanceoftheWarrantExercisedUnitswillnotbesubjecttoanypreemptiveorsimilarrights,otherthanpursuanttoSection5.8oftheSixthA/RPartnershipAgreement.

(g)RepresentationsandCovenantsoftheHolder.TheHolderisacquiringthisWarrantandwillacquiretheWarrantExercisedUnitsforitsownaccount,withnopresentintentionofdistributingorresellingthisWarrantortheWarrantExercisedUnitsoranypartthereofinviolationofapplicablesecuritieslaws.TheHolderacknowledgesthatthisWarranthasnotbeen,andwhenissuedtheWarrantExercisedUnitswillnotbe,registeredundertheSecuritiesActorthesecuritieslawsofanystateintheUnitedStatesoranyotherjurisdictionandmaynotbeofferedorsoldbysuchHolderunlesssubsequentlyregisteredundertheSecuritiesAct(ifapplicabletothetransaction)andanyothersecuritieslawsorunlessexemptionsfromtheregistrationorotherrequirementsoftheSecuritiesActandanyothersecuritieslawsareavailableforthetransaction.TheHolderrepresentsthatitisan“accreditedinvestor”withinthemeaningofRule501ofRegulationDpromulgatedundertheSecuritiesAct,aspresentlyineffect.

Section5.Notices.Allnotices,requests,andothercommunicationsrequiredorpermittedtobegivenordeliveredhereundertotheHolderofthisWarrantshallbeinwriting,andshallbepersonallydelivered,orshallbesentbycertifiedorregisteredmail,postageprepaid,orbydeliveryservicewithproofofdelivery,andaddressedtotheHolderattheaddressshownfortheHolderonthebooksofthePartnership,oratsuchotheraddressasshallhavebeenfurnishedtothePartnershipbynoticefromtheHolder.Allnotices,requests,andothercommunicationsrequiredorpermittedtobegivenordeliveredhereundertothePartnershipshallbeinwriting,andshallbepersonallydelivered,orshallbesentbycertifiedorregisteredmail,postageprepaid,orbydeliveryservicewithproofofdelivery,andaddressedtotheofficeofthePartnershipat2103CityWestBoulevard,Building#4,Suite800,Houston,Texas77042,Attention:GeneralCounsel,oratsuchotheraddressasshallhavebeenfurnishedtotheHolderofthisWarrantbynoticefromthePartnership.Anysuchnotice,request,orothercommunicationmaybesentbyfacsimilebutshallinsuchcasebesubsequentlyconfirmedbyawritingpersonallydeliveredorsentbycertifiedorregisteredmailasprovidedabove.Allnotices,requests,andothercommunicationsshallbedeemedtohavebeengiveneitheratthetimeofthedeliverythereofto(orthereceiptby,inthecaseofafacsimile)thepersonentitledtoreceivesuchnoticeattheaddressofsuchpersonforpurposesofthisSection5or,ifmailed,atthecompletionofthethirdfulldayfollowingthetimeofsuchmailingthereoftosuchaddress,asthecasemaybe.

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Section6.GOVERNINGLAW.THISWARRANTSHALLBEGOVERNEDBYANDCONSTRUEDANDENFORCEDINACCORDANCEWITHTHELAWSOFTHESTATEOFDELAWARE,WITHOUTREGARDTOANYCHOICEOFLAWPRINCIPLESOFSUCHSTATE.

Section7.Remedies.ThePartnershipstipulatesthattheremediesatlawoftheHolderofthisWarrantintheeventofanydefaultorthreateneddefaultbythePartnershipintheperformanceoforcompliancewithanyofthetermsofthisWarrantarenotandwillnotbeadequate,andthatsuchtermsmaybespecificallyenforcedbyadecreeforthespecificenforcementofanyagreementcontainedhereinorbyaninjunctionagainstaviolationofanyofthetermshereoforotherwise.

Section8.Miscellaneous.

(a)Amendments.ThisWarrantandanyprovisionhereofmaynotbechanged,waived,discharged,orterminatedorally,butonlybyaninstrumentinwritingsignedbytheparty(oranypredecessorininterestthereof)againstwhichenforcementofthesameissought.

(b)DescriptiveHeadings.ThedescriptiveheadingsoftheseveralsectionsofthisWarrantareinsertedforpurposesofreferenceonly,andshallnotaffectthemeaningorconstructionofanyoftheprovisionshereof.

[Signature Page Follows]

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INWITNESSWHEREOF,thePartnershiphascausedthisWarranttobesignedbyitsdulyauthorizedofficeronthis[•]dayof[•].


By: AmericanMidstreamGP,LLC,Its: GeneralPartner

By: /s/EricKalamarasName: EricKalamarasTitle: SeniorVicePresidentandChief

FinancialOfficer

B-8

EXHIBIT DSIXTH AMENDED AND RESTATED

AGREEMENT OF LIMITED PARTNERSHIP OFAMERICAN MIDSTREAM PARTNERS, LP

SERIES C [FORCED] CONVERSION NOTICE

ThisNoticeof[Forced]Conversionisexecutedby[theundersignedholder(the“Holder ”)]/[thePartnership]inconnectionwiththeconversionofSeriesCPreferredUnitsofAmericanMidstreamPartners,LP,aDelawarelimitedpartnership(the“Partnership ”),pursuanttothetermsandconditionsofthatcertainSixthAmendedandRestatedAgreementofLimitedPartnershipofthePartnership,asamended(the“Partnership Agreement ”).CapitalizedtermsusedhereinandnototherwisedefinedshallhavetherespectivemeaningssetforthinthePartnershipAgreement.

Conversion :InaccordancewithandpursuanttosuchPartnershipAgreement,the[Holder]/[Partnership]herebyelectstoconvertthenumberofSeriesCPreferredUnits[heldby[•]6(“Holder ”)]indicatedbelowintoCommonUnitsofthePartnershipasofthedatespecifiedbelow.

SeriesCPreferredUnitsheld[byHolder]PriortoConversion:

[CertificatesevidencingSeriesCPreferredUnitstobeConverted(attachedherewith,dulyendorsed):]

SeriesCPreferredUnitsofHolderBeingConvertedHereby:

CommonUnitsDuetoHolder:

SeriesCPreferredUnitsheldbyHolderAfterConversion:

[Name(s)forCommonUnitCertificate:]

[AddressforDeliveryofCertificate:]

[Authority :AnyindividualexecutingthisNoticeofConversiononbehalfofanentityhasauthoritytoactonbehalfofsuchentityandhasbeendulyandproperlyauthorizedtosignthisNoticeofConversiononbehalfofsuchentity.]

[SIGNATUREPAGEFOLLOWS]6 NameofRecordHolder.

American Midstream Partners, LP: Notice ofConversion of Series C Preferred Units

INWITNESSWHEREOF,theundersignedhasexecutedthisNoticeof[Forced]Conversion.

HOLDER:

[INSERTSIGNATUREBLOCK]

American Midstream Partners, LP: Notice ofConversion of Series C Preferred Units

EXHIBIT ESIXTH AMENDED AND RESTATED


SERIES D CONVERSION NOTICE

ThisNoticeofConversionisexecutedbytheundersignedholder(the“Holder ”)inconnectionwiththeconversionofSeriesDPreferredUnitsofAmericanMidstreamPartners,LP,aDelawarelimitedpartnership(the“Partnership ”),pursuanttothetermsandconditionsofthatcertainSixthAmendedandRestatedAgreementofLimitedPartnershipofthePartnership,asamended(the“Partnership Agreement ”).CapitalizedtermsusedhereinandnototherwisedefinedshallhavetherespectivemeaningssetforthinthePartnershipAgreement.

Conversion :InaccordancewithandpursuanttosuchPartnershipAgreement,theHolderherebyelectstoconvertthenumberofSeriesDPreferredUnitsindicatedbelowintoCommonUnitsofthePartnershipasofthedatespecifiedbelow.

SeriesDPreferredUnitsheldPriortoConversion:

CertificatesevidencingSeriesDPreferredUnitstobeConverted(attachedherewith,dulyendorsed):

SeriesDPreferredUnitsBeingConvertedHereby:

CommonUnitsDue:

SeriesDPreferredUnitsheldAfterConversion:

Name(s)forCommonUnitCertificate:

AddressforDeliveryofCertificate:

Authority :AnyindividualexecutingthisNoticeofConversiononbehalfofanentityhasauthoritytoactonbehalfofsuchentityandhasbeendulyandproperlyauthorizedtosignthisNoticeofConversiononbehalfofsuchentity.

[SIGNATUREPAGEFOLLOWS]

American Midstream Partners, LP: Notice ofConversion of Series D Preferred Units

INWITNESSWHEREOF,theundersignedhasexecutedthisNoticeofConversion.

[HOLDER]/[PARTNERSHIP]:


American Midstream Partners, LP: Notice ofConversion of Series D Preferred Units

EXHIBIT FTO

SIXTH AMENDED AND RESTATEDAGREEMENT OF LIMITED PARTNERSHIP OF


SERIES D CALL EXERCISE NOTICE

ThisSeriesDCallExerciseNoticeisexecutedbyAmericanMidstreamPartners,LP,aDelawarelimitedpartnership(the“Partnership ”),pursuanttothetermsandconditionsofthatcertainSixthAmendedandRestatedAgreementofLimitedPartnershipofthePartnership,asamended(the“Partnership Agreement ”).CapitalizedtermsusedhereinandnototherwisedefinedshallhavetherespectivemeaningssetforthinthePartnershipAgreement.

SeriesDCallRight:InaccordancewithandpursuanttoSection5.15(c)ofthePartnershipAgreement,thePartnershipherebyelectstopurchasethenumberofSeriesDPreferredUnitsindicatedbelowasofthedatespecifiedbelowastheSeriesDCallClosingDate.

SeriesDPreferredUnitsheld:

SeriesDPreferredUnitstobeAcquired:

AddresstobeUsedforDeliveryofthePurchasePrice:

SeriesDCallClosingDate:

DeliveryofPurchasePrice:IftherecipientofthisSeriesDCallExerciseNoticedesirestochangethebankaccountinformationoraddressfordeliveryofthepurchaseprice,therecipientmustprovidesuchalternativebankaccountinformationoraddressatleastthree(3)daysbeforetheSeriesDCallClosingDateabove.


American Midstream Partners, LP: Series D Call Exercise Notice

INWITNESSWHEREOF,theundersignedhasexecutedthisSeriesDCallExerciseNotice.

AmericanMidstreamPartners,L.P.

By: AmericanMidstreamGP,LLCItsGeneralPartner



EXHIBIT G-1SIXTH AMENDED AND RESTATED


SERIES E CONVERSION NOTICE

ThisNoticeofConversionisexecutedbytheundersignedholder(the“Holder ”)inconnectionwiththeconversionofSeriesEPreferredUnitsofAmericanMidstreamPartners,LP,aDelawarelimitedpartnership(the“Partnership ”),pursuanttothetermsandconditionsofthatcertainSixthAmendedandRestatedAgreementofLimitedPartnershipofthePartnership,asamended(the“Partnership Agreement ”).CapitalizedtermsusedhereinandnototherwisedefinedshallhavetherespectivemeaningssetforthinthePartnershipAgreement.

Conversion :InaccordancewithandpursuanttosuchPartnershipAgreement,theHolderherebyelectstoconvertthenumberofSeriesEPreferredUnitsheldby[•]7(“Holder ”)indicatedbelowintoCommonUnitsofthePartnershipasofthedatespecifiedbelow.

SeriesEPreferredUnitsheldbyHolderPriortoConversion:

[CertificatesevidencingSeriesEPreferredUnitstobeConverted(attachedherewith,dulyendorsed):]

SeriesEPreferredUnitsBeingConvertedHereby:

CommonUnitsDue:

SeriesEPreferredUnitsheldAfterConversion:

[Name(s)forCommonUnitCertificate:]

[AddressforDeliveryofCertificate:]

[Authority :AnyindividualexecutingthisNoticeofConversiononbehalfofanentityhasauthoritytoactonbehalfofsuchentityandhasbeendulyandproperlyauthorizedtosignthisNoticeofConversiononbehalfofsuchentity.]

[SIGNATUREPAGEFOLLOWS]7 NameofRecordholder.

American Midstream Partners, LP: Notice ofConversion of Series E Preferred Units


HOLDER:



EXHIBIT G-2SIXTH AMENDED AND RESTATED


SERIES E CONVERSION NOTICE

ThisNoticeofConversionisexecutedbyAmericanMidstreamPartners,LP,aDelawarelimitedpartnership(the“Partnership ”)inconnectionwiththeconversionofSeriesEPreferredUnitsofthePartnership,pursuanttothetermsandconditionsofthatcertainSixthAmendedandRestatedAgreementofLimitedPartnershipofthePartnership,asamended(the“Partnership Agreement ”).CapitalizedtermsusedhereinandnototherwisedefinedshallhavetherespectivemeaningssetforthinthePartnershipAgreement.

Conversion :InaccordancewithandpursuanttosuchPartnershipAgreement,thePartnershipherebyelectstoconvertthenumberofSeriesEPreferredUnitsheldby[•]8(“Holder ”)indicatedbelowintoCommonUnitsofthePartnershipasofthedatespecifiedbelow.

SeriesEPreferredUnitsheldPriortoConversion:

SeriesEPreferredUnitsofHolderBeingConvertedHereby:

CommonUnitsDuetoHolder:

SeriesEPreferredUnitsheldbyHolderAfterConversion:

[SIGNATUREPAGEFOLLOWS]8 NameofRecordholder.



PARTNERSHIP:





EXHIBIT HTO

SIXTH AMENDED AND RESTATEDAGREEMENT OF LIMITED PARTNERSHIP OF


SERIES E CALL EXERCISE NOTICE

ThisSeriesECallExerciseNoticeisexecutedbyAmericanMidstreamPartners,LP,aDelawarelimitedpartnership(the“Partnership ”),pursuanttothetermsandconditionsofthatcertainSixthAmendedandRestatedAgreementofLimitedPartnershipofthePartnership,asamended(the“Partnership Agreement ”).CapitalizedtermsusedhereinandnototherwisedefinedshallhavetherespectivemeaningssetforthinthePartnershipAgreement.

SeriesECallRight:InaccordancewithandpursuanttoSection5.16(c)ofthePartnershipAgreement,thePartnershipherebyelectstopurchasethenumberofSeriesEPreferredUnitsindicatedbelowasofthedatespecifiedbelowastheSeriesECallClosingDate.

SeriesEPreferredUnitsheld:

SeriesEPreferredUnitstobeAcquired:

BankAccountInformation/AddresstobeUsedforDeliveryofthePurchasePrice:

SeriesECallClosingDate:

DeliveryofPurchasePrice:IftherecipientofthisSeriesECallExerciseNoticedesirestochangethebankaccountinformationoraddressfordeliveryofthepurchaseprice,therecipientmustprovidesuchalternativebankaccountinformationoraddressatleastthree(3)daysbeforetheSeriesECallClosingDateabove.



INWITNESSWHEREOF,theundersignedhasexecutedthisSeriesECallExerciseNotice.




American Midstream Partners, LP: Series E Call Exercise Notice

ExhibitD

FormofAMIDGPAgreementAmendment

EXHIBIT D

FORM OF FIFTH AMENDED AND RESTATED

LIMITED LIABILITY COMPANY AGREEMENT

OF


A DELAWARE LIMITED LIABILITY COMPANY

DATED AS OF

[•]

CONTENTS PageArticleIDEFINITIONS 2

SECTION1.1 Definitions 2SECTION1.2 Construction 13

ArticleIIORGANIZATION 14

SECTION2.1 Formation 14SECTION2.2 Name 14SECTION2.3 RegisteredOffice;RegisteredAgent;PrincipalOffice 14SECTION2.4 Purposes 14SECTION2.5 Term 14SECTION2.6 NoStateLawPartnership 15SECTION2.7 TitletoCompanyAssets 15SECTION2.8 LimitedLiabilityCompanyAgreement;EffectofInconsistencieswiththeAct 15

ArticleIIIMEMBERSHIP 15

SECTION3.1 MembershipInterests;AdditionalMembers 15SECTION3.2 Liability 20SECTION3.3 Withdrawal 20SECTION3.4 AccesstoInformation 20

ArticleIVCAPITALCONTRIBUTIONS 21

SECTION4.1 CapitalContributions 21SECTION4.2 Loans 22SECTION4.3 ReturnofContributions 22SECTION4.4 CapitalAccounts 22

ArticleVDISTRIBUTIONSANDALLOCATIONS 22

SECTION5.1 AllocationsforCapitalAccountPurposes 22SECTION5.2 TaxAllocations 25SECTION5.3 VaryingInterests 25SECTION5.4 Distributions 25SECTION5.5 TaxDistributions 26SECTION5.6 LimitationsonDistributions 27

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ArticleVIMANAGEMENT 27

SECTION6.1 Management 27SECTION6.2 Delegation 28SECTION6.3 BoardofDirectors 29SECTION6.4 PowersReservedfortheClassAMembers 29

ArticleVIIBOARDOFDIRECTORS 30

SECTION7.1 Number;Qualification;Tenure 30SECTION7.2 RegularMeetings 30SECTION7.3 SpecialMeetings 30SECTION7.4 Notice 30SECTION7.5 ActionByConsentofBoardorCommitteeofBoard 31SECTION7.6 ConferenceTelephoneMeetings 31SECTION7.7 Quorum 31SECTION7.8 Vacancies;IncreasesintheNumberofDirectors 32SECTION7.9 Committees 32SECTION7.10 Removal 33SECTION7.11 CompensationofDirectors 33SECTION7.12 ResponsibilityandAuthorityoftheBoard;DirectorStandardsofConduct 33SECTION7.13 OtherBusinessofMembers,DirectorsandAffiliates 34SECTION7.14 ApprovalofCertainRelatedPartyTransactions 35

ArticleVIIIOFFICERS;CHAIRMANOFTHEBOARD 35

SECTION8.1 AppointedOfficers 35SECTION8.2 ChairmanoftheBoard 35SECTION8.3 ChiefExecutiveOfficer 35SECTION8.4 President 36SECTION8.5 ChiefFinancialOfficer 36SECTION8.6 ChiefOperatingOfficer 36SECTION8.7 VicePresidents 37SECTION8.8 Treasurer 37SECTION8.9 Secretary 37SECTION8.10 GeneralCounsel 38SECTION8.11 ResponsibilityandAuthorityofOfficers;OfficerStandardsofConduct 38SECTION8.12 RemovalandVacancies 39

ArticleIXMEMBERMEETINGS 39

SECTION9.1 Meetings 39SECTION9.2 NoticeofaMeeting 39SECTION9.3 ActionbyConsentofMembers 39SECTION9.4 TelephonicMeetings 39SECTION9.5 Quorum 40SECTION9.6 MemberVote 40

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SECTION9.7 IntheEventofaSoleMember 40SECTION9.8 MeetingsofClassCMembersandClassDMembers 40

ArticleXOUTSIDEACTIVITIESANDINDEMNIFICATIONOFDIRECTORS,OFFICERS,EMPLOYEESANDAGENTS 40

SECTION10.1 OutsideActivities 40SECTION10.2 Indemnification 42SECTION10.3 ExculpationofLiabilityofIndemnitees 44

ArticleXITAXES 45

SECTION11.1 TaxReturns 45SECTION11.2 TaxElections 45SECTION11.3 TaxMattersMember 45

ArticleXIIBOOKS,RECORDS,REPORTS,ANDBANKACCOUNTS 45

SECTION12.1 MaintenanceofBooks 45SECTION12.2 Reports 46SECTION12.3 BankAccounts 46

ArticleXIIIDISSOLUTION,WINDING-UP,TERMINATIONANDCONVERSION 46

SECTION13.1 Dissolution 46SECTION13.2 Winding-UpandTermination 47SECTION13.3 DeficitCapitalAccounts 48SECTION13.4 CertificateofCancellation 48

ArticleXIVTRANSFERS 48

SECTION14.1 General 48SECTION14.2 RequirementsApplicabletoAllTransfersandAdmissions 48SECTION14.3 Assignees 49SECTION14.4 GeneralProvisionsRelatingtoTransferofUnits 50SECTION14.5 RestrictionsonTransfersofClassDMembershipInterestsandClassCMembershipInterests 50SECTION14.6 RepurchaseofClassCMembershipInterestsbytheCompany 50SECTION14.7 TagAlong 50SECTION14.8 DragAlong 53SECTION14.9 RightofFirstOffer 54SECTION14.10 TransferandAmendmentofIncentiveDistributionRights 55

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ArticleXVGENERALPROVISIONS 56

SECTION15.1 Offset 56SECTION15.2 Notices 56SECTION15.3 EntireAgreement;SupersedingEffect 57SECTION15.4 EffectofWaiverorConsent 58SECTION15.5 AmendmentorRestatement 58SECTION15.6 BindingEffect 58SECTION15.7 GoverningLaw;Severability 58SECTION15.8 FurtherAssurances 59SECTION15.9 WaiverofCertainRights 59SECTION15.10 Counterparts 59SECTION15.11 Jurisdiction 59SECTION15.12 Confidentiality 60

EXHIBITAMembershipInterestsEXHIBITBDirectorsEXHIBITC—Competitors

iv

FIFTH AMENDED AND RESTATED LIMITED LIABILITYCOMPANY AGREEMENT OF AMERICAN MIDSTREAM GP, LLC

A Delaware Limited Liability Company

ThisFIFTHAMENDEDANDRESTATEDLIMITEDLIABILITYCOMPANYAGREEMENT(this“Agreement ”)ofAMERICANMIDSTREAMGP,LLC,aDelawarelimitedliabilitycompany(the“Company ”),datedasof[•],isadopted,executedandagreedto,forgoodandvaluableconsideration,byandbetweenAMIDGPHoldings,LLC,aDelawarelimitedliabilitycompany(“AMID Holdings ”),HighPointInfrastructurePartners,LLC,aDelawarelimitedliabilitycompany(“HPIP ”),LB3Services,aTexasgeneralpartnership(“Executive Family Vehicle ”),andSouthcrossHoldingsLP,aDelawarelimitedpartnership(“Holdings LP ”).

RECITALS

1.ThenameoftheCompanyis“AmericanMidstreamGP,LLC”.

2.TheCompanywasoriginallyformedasaDelawarelimitedliabilitycompanybythefilingofaCertificateofFormation(the“Delaware Certificate ”),datedasofAugust20,2009(the“Original Filing Date ”)withtheSecretaryofStateoftheStateofDelaware,pursuanttotheDelawareLimitedLiabilityCompanyAct,6Del.C.§18-101,etseq.(the“Act ”).

3.AMIDHoldings,HPIPandtheExecutiveFamilyVehiclepreviouslyenteredintoandadoptedtheFourthAmendedandRestatedAgreementoftheCompany,datedasofAugust10,2017(the“Existing Agreement ”).

4.TheCompany,thePartnershipandHoldingsLPenteredintothatcertainContributionAgreement,datedasofOctober31,2017(the“Holdings LP ContributionAgreement ”),pursuanttowhichHoldingsLPagreedtocontributeallofitsequityinterestsincertainofitssubsidiariestothePartnershipfor,amongotherconsideration,newlyissuedClassDMembershipInterestsoftheCompany,onthetermsandconditionssetforththerein(the“Holdings LP Contribution ”).

5.Onthedatehereof,theCompany,thePartnershipandHoldingsLPconsummatedtheHoldingsLPContribution.

6.TheMembersdesiretoamendandrestatetheExistingAgreementasofthedatehereofto:(a)establishtherights,powers,preferencesandprivilegesoftheClassDMembershipInterests,(b)admitHoldingsLPastheClassDMemberoftheCompanyand(c)setforththeagreementsoftheMembersregarding(i)themanagementoftheCompanyasalimitedliabilitycompanypursuanttoandinaccordancewiththeActand(ii)therights,obligationsandrelationsoftheMembers.

NOW,THEREFORE,inconsiderationofthepremisesandmutualagreementscontainedherein,andothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,theMembersherebyagreeasfollows.

ARTICLE I

DEFINITIONS

SECTION1.1Definitions.AsusedinthisAgreement,thefollowingtermshavetherespectivemeaningssetforthbeloworsetforthintheSectionsreferredtobelow:

“Act ”hasthemeaninggivensuchtermintheRecitals.

“Actual Estimate ”hasthemeaninggivensuchterminSection5.5.

“Adjusted Capital Account ”means,withrespecttoanyMember,thebalance,ifany,insuchMember’sCapitalAccountasoftheendoftherelevantfiscalyear,aftergivingeffecttothefollowingadjustments:

(i)credittosuchCapitalAccountanyamountsthatsuchMemberisobligatedtorestorepursuanttoanyprovisionofthisAgreementorpursuanttoTreasuryRegulationSection1.704-1(b)(2)(ii)(c)orisdeemedtobeobligatedtorestorepursuanttothepenultimatesentencesofTreasuryRegulationSections1.704-2(g)and1.704-2(i)(5);and

(ii)debittosuchCapitalAccounttheitemsdescribedinTreasuryRegulationSections1.704-1(b)(2)(ii)(d)(4),1.704-1(b)(2)(ii)(d)(5)and1.704-1(b)(2)(ii)(d)(6).

TheforegoingdefinitionofAdjustedCapitalAccountisintendedtocomplywiththeprovisionsofSection1.704-1(b)(2)(ii)(d)oftheAllocationRegulationsandshallbeinterpretedconsistentlytherewith.

“Adjustment Event ”meansanyofthefollowingevents:

(i)theacquisitionofaMembershipInterestbyaneworexistingMemberinexchangeformorethanademinimisCapitalContribution,iftheClassAMembersreasonablydeterminethatsuchadjustmentisnecessaryorappropriatetoreflecttherelativeeconomicinterestsoftheMembers;

(ii)theliquidationoftheCompanywithinthemeaningofTreasuryRegulationSection1.704-1(b)(2)(ii)(g);

(iii)thedistributionbytheCompanytoaMemberofmorethanademinimisamountofCompanyassetsasconsiderationforaMembershipInterest,iftheClassAMembersreasonablydeterminethatsuchadjustmentisnecessaryorappropriatetoreflecttherelativeeconomicinterestsoftheMembers;

(iv)thegrantofaMembershipInterest(otherthanademinimisinterest)asconsiderationfortheprovisionofservicestoorforthebenefitoftheCompanybyanexistingMemberactinginapartnercapacity,orbyanewMemberactinginapartnercapacityorinanticipationofbecomingaMemberoftheCompany,iftheClassAMembersreasonablydeterminethatsuchadjustmentisnecessaryorappropriatetoreflecttherelativeeconomicinterestsoftheMembers;

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(v)theissuancebytheCompanyofa“noncompensatoryoption”withinthemeaningofTreasuryRegulationSections1.721-2(f)and1.761-3(b)(2)whichisnottreatedasapartnershipinterestpursuanttoTreasuryRegulationSection1.761-3(a);and

(vi)atsuchothertimesastheClassAMembersshallreasonablydeterminenecessaryoradvisableinordertocomplywiththeAllocationRegulations.

“Affiliate ”means,withrespecttoanyPerson,anyotherPersonthatdirectlyorindirectlythroughoneormoreintermediariescontrols,iscontrolledbyorisundercommoncontrolwith,thePersoninquestion.Asusedherein,theterm“control”meansthepossession,directorindirect,ofthepowertodirectorcausethedirectionofthemanagementandpoliciesofaPerson,whetherthroughownershipofvotingsecurities,bycontractorotherwise.

“Agreement ”meansthisFifthAmendedandRestatedLimitedLiabilityCompanyAgreementoftheCompany,asamendedfromtimetotime.

“Allocation Regulations ”meansTreasuryRegulationSections1.704-1(b),1.704-2and1.704-3(includingtemporaryregulations),assuchregulationsmaybeamendedandineffectfromtimetotimeandanycorrespondingprovisionsofsucceedingregulations.

“AMID Holdings ”hasthemeaninggivensuchtermintheRecitals.

“Applicable Law ”means(a)anyUnitedStatesfederal,stateorlocallaw,statuteorordinanceoranyrule,regulation,order,writ,injunction,judgment,decreeorpermitofanyGovernmentalAuthorityand(b)anyruleorlistingrequirementofanynationalsecuritiesexchangeortradingmarketrecognizedbytheCommissiononwhichtheCommonUnitsarelistedorquoted.

“Assignee ”meansanyPersonthatacquiresaMember’sshareoftheincome,gain,loss,deductionandcreditsof,andtherighttoreceivedistributionsfrom,theCompanyoranyportionthereofthroughaTransfer;provided, however ,thatanAssigneeshallhavenorighttobeadmittedtotheCompanyasaMemberexceptinaccordancewithArticleIII.TheAssigneeofadissolvedMembershallbetheshareholder,partner,memberorotherequityownerorownersofthedissolvedMemberorsuchotherPersonstowhomsuchMember’sMembershipInterestisassignedbythePersonconductingtheliquidationorwinding-upofsuchMember.

“Audit Committee ”hasthemeaninggivensuchterminSection7.9(b).

“Available Cash ”means,withrespecttoanyQuarterendingpriortoaDissolutionEvent,

(i)thesumofallcashandcashequivalentsoftheCompanyonhandattheendofsuchQuarter,less

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(ii)theamountofanycashreservesthatareestablishedbytheClassAMembersto(A)satisfygeneral,administrativeandotherexpensesanddebtservicerequirements,(B)permittheCompanytomakecapitalcontributionstothePartnershiptomaintainitsgeneralpartnerinterestinthePartnershipupontheissuanceofpartnershipsecuritiesbythePartnership,(C)complywithapplicablelaworanyloanagreement,securityagreement,mortgage,debtinstrumentorotheragreementorobligationtowhichtheCompanyisapartyorbywhichitisboundoritsassetsaresubject,(D)providefundsfordistributionsunderSection5.4orSection5.5inrespectofanyoneormoreofthenextfourQuarters(provided ,however ,thatdisbursementsmadebytheCompanyorcashreservesestablished,increasedorreducedaftertheendofsuchQuarter,butonorbeforethedateofdeterminationofAvailableCashwithrespecttosuchQuarter,shallbedeemedtohavebeenmade,established,increasedorreduced,forpurposesofdeterminingAvailableCash,withinsuchQuarteriftheBoardortheClassAMemberssodetermine)or(E)otherwiseprovidefortheproperconductofthebusinessoftheCompanysubsequenttosuchQuarter.

Notwithstandingtheforegoing,“Available Cash ”withrespecttotheQuarterinwhichaDissolutionEventoccursandanysubsequentQuartershallequalzero.

“Bankruptcy ”or“Bankrupt ”means,withrespecttoanyPerson,that(a)suchPerson(i)makesageneralassignmentforthebenefitofcreditors;(ii)filesavoluntarybankruptcypetition;(iii)becomesthesubjectofanorderforrelieforisdeclaredinsolventinanyfederalorstatebankruptcyorinsolvencyproceedings;(iv)filesapetitionoranswerseekingforsuchPersonareorganization,arrangement,composition,readjustment,liquidation,dissolutionorsimilarreliefunderanyApplicableLaw;(v)filesananswerorotherpleadingadmittingorfailingtocontestthematerialallegationsofapetitionfiledagainstsuchPersoninaproceedingofthetypedescribedinsubclauses(i)through(iv)ofthisclause(a);or(vi)seeks,consentstooracquiescesintheappointmentofatrustee,receiverorliquidatorofsuchPersonorofalloranysubstantialpartofsuchPerson’sproperties;or(b)aproceedingseekingreorganization,arrangement,composition,readjustment,liquidation,dissolutionorsimilarreliefunderanyApplicableLawhasbeencommencedagainstsuchPersonand120Dayshaveexpiredwithoutdismissalthereoforwithrespecttowhich,withoutsuchPerson’sconsentoracquiescence,atrustee,receiverorliquidatorofsuchPersonorofalloranysubstantialpartofsuchPerson’spropertieshasbeenappointedand90Dayshaveexpiredwithouttheappointmenthavingbeenvacatedorstayed,or90Dayshaveexpiredafterthedateofexpirationofastay,iftheappointmenthasnotpreviouslybeenvacated.Theforegoingdefinitionof“Bankruptcy”isintendedtoreplaceandshallsupersedeandreplacethedefinitionof“Bankruptcy”setforthintheAct.

“Board ”hasthemeaninggivensuchterminSection6.3.

“Business Day ”meansanydayotherthanaSaturday,aSundayoradaywhenbanksinNewYork,NewYorkorHouston,TexasareauthorizedorrequiredbyApplicableLawtobeclosed.

“Capital Account ”means,withrespecttoanyMember,theaccounttobemaintainedbytheCompanyforeachMemberinaccordancewithSection4.4.

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“Capital Contribution ”means,withrespecttoanyMember,theamountofmoneyandthenetagreedvalueofanyproperty(otherthanmoney)contributed(ordeemedcontributed)totheCompanybysuchMember,including,fortheavoidanceofdoubt,pursuanttoSection3.1(e)(ii).AnyreferenceinthisAgreementtotheCapitalContributionofaMembershallincludeaCapitalContributionofitspredecessorsininterest.

“Carrying Value ”means,(a)withrespecttopropertycontributed(ordeemedcontributed)totheCompany,thefairmarketvalueofsuchpropertyatthetimeofcontributionreduced(butnotbelowzero)byalldepreciation,amortizationandcostrecoverydeductionschargedtotheMembers’CapitalAccountswithrespecttosuchproperty,(b)withrespecttoanypropertywhosevalueisadjustedinconnectionwithanAdjustmentEvent,theadjustedvalueofsuchpropertyreduced(butnotbelowzero)byalldepreciation,amortizationandcostrecoverydeductionschargedtotheMembers’CapitalAccountswithrespecttosuchpropertyand(c)withrespecttoanyotherCompanyProperty,theadjustedbasisofsuchpropertyforfederalincometaxpurposes,allasofthetimeofdetermination.

“cause” means,whenusedinreferencetoaClassDDirectorthatsuchClassDDirector(a)hascommittedanactofdishonestyorfraud(includingembezzlementormisappropriationoffunds)withrespecttotheCompanyor(b)hascommittedanactthatconstitutesafelony,otherintentionalact,orgrossnegligencethathasamaterial,detrimentaleffectontheCompany’sabilitytoconductitsbusiness.

“Claim ”meansanyandalljudgments,claims,causesofaction,demands,lawsuits,suits,proceedings,Governmentalinvestigationsoraudits,losses,assessments,fines,penalties,administrativeorders,obligations,costs,expenses,liabilitiesanddamages(whetheractual,consequentialorpunitive),includinginterest,penalties,reasonableattorneys’fees,disbursementsandcostsofinvestigations,deficiencies,levies,dutiesandimposts.

“Class A Member(s) ”meanstheMembersthatholdaClassAMembershipInterest.

“Class A Membership Interest ”meansaMembershipInterestissuedtoaClassAMemberandhavingtherightsandobligationsspecifiedwithrespecttoaClassAMembershipInterestinthisAgreement.

“Class A Percentage Interest ”means,withrespecttoaClassAMember,thepercentageobtainedbydividing(a)suchClassAMember’sCapitalContributionsby(b)theaggregateCapitalContributionsforallClassAMembers.

“Class C Award Agreement ”meansanawardagreemententeredintobetweenaClassCMemberandtheCompany,settingforthcertainvesting,repurchaseandothertermsandconditionsgoverningtheissuanceoftheClassCMembershipInterest.

“Class C Member(s) ”meanstheMembersthatholdaClassCMembershipInterest.

“Class C Membership Interest ”meansaMembershipInterestissuedtoaClassCMemberandhavingtherightsandobligationsspecifiedwithrespecttoaClassCMembershipInterestinthisAgreement.

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“Class C Percentage Interest ”means,withrespecttoaClassCMember,thepercentageobtainedbydividing(a)thenumberofClassCUnitsheldbysuchClassCMemberby(b)allissuedandoutstandingClassCUnits.

“Class C Payout ”meansthatpointintimeanddollarswhen(a)thesumof(i)theaggregatecashdistributionstotheMembers(fortheavoidanceofdoubtotherthantheClassCMembers)afterDecember10,2015,otherthandistributionsdescribedinthelastsentenceofSection5.4,(ii)theNetFairMarketValue(atthetimeofdistribution)ofanypropertydistributionstotheMembers(fortheavoidanceofdoubtotherthantheClassCMembers,andincludinganyIncentiveDistributionRightsdistributed,paidorotherwisetransferredtoanyMemberotherthantheClassCMembers,netofanypaymenttherefor,ifapplicable)afterDecember10,2015,otherthandistributionsdescribedinthelastsentenceofSection5.4,and(iii)anyotherpaymentsthattheMembershavereceivedfromtheCompany(fortheavoidanceofdoubtotherthantheClassCMembers,andincludingamountspaidtoredeemorrepurchaseanyMembershipInterestsotherthanClassCMembershipInterests)afterDecember10,2015,equals(b)theClassCPayoutThreshold.

“Class C Payout Threshold ”meansthesumof(i)$225million,plus(ii)theaggregateamountofallNewCapitalContributionsmadebyanyMembers,except,forpurposesofthisdefinition,CapitalContributionsmadepursuanttoSection3.1(e)(ii),plus(iii)acompoundannualreturnof10%onsuchNewCapitalContributions(sincethedateofreceiptbytheCompanyofsuchNewCapitalContributionsandtotheextentanamountequaltosuchNewCapitalContributionshavenotbeenreturnedthroughdistributions,repurchasesorredemptions).Forthesakeofclarity,thecompoundannualreturnof10%shallbecalculatedwithrespecttoagivenNewCapitalContributionstartingonthedateofcontribution,andshallbeapplied(andcompounded)totheunreturnedportionofsuchNewCapitalContributionuntiltheamountofsuchNewCapitalContributionhasbeenreturnedtotheapplicableMemberinitsentirety.ForpurposesoftheforegoingamountsdistributedtoanyMembershallbetreatedfirstasareturnofNewCapitalContributionsmadebysuchMemberandthe10%compoundannualreturnthereon.NotwithstandinganythinginthisAgreementtothecontrary,forpurposesofdeterminingtheClassCPayoutThreshold,theamountofallNewCapitalContributionsthataremadeintheformofpropertyotherthancash(including,withoutlimitation,anyassetsthataretreatedasNewCapitalContributionsbeingmadepursuanttothesecondsentenceofthedefinitionthereof)shallbedeterminedbasedontheNetFairMarketValue(atthetimetheNewCapitalContributionismade)ofsuchproperty.

“Class C Units ”hasthemeaningsetforthinSection3.1(d)(i).

“Class D Member ”meansHoldingsLP.

“Class D Membership Interest ”meansaMembershipInterestissuedtotheClassDMemberandhavingtherightsandobligationsspecifiedwithrespecttoaClassDMembershipInterestinthisAgreement.

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“Class D Percentage Interest ”means,withrespecttotheClassDMember,thepercentageobtainedbydividing(a)thenumberofClassDUnitsheldbytheClassDMemberby(b)allissuedandoutstandingClassDUnits.

“Class D Units ”hasthemeaningsetforthinSection3.1(e)(i).

“Code ”meanstheInternalRevenueCodeof1986,asamendedandineffectfromtimetotime.AnyreferencehereintoaspecificsectionorsectionsoftheCodeshallbedeemedtoincludeareferencetoanycorrespondingprovisionofanysuccessorlaw.

“Commission ”meanstheUnitedStatesSecuritiesandExchangeCommission.

“Common Units ”meansthecommonunitsrepresentinglimitedpartnerinterestsinthePartnership.

“Company ”hasthemeaninggivensuchtermintheintroductoryparagraphofthisAgreement.

“Company IPO ”meanstheclosingofaninitialpublicofferingandsaleofequityinterestsoftheCompanypursuanttoaneffectiveregistrationstatementfiledwiththeSecuritiesandExchangeCommissionbytheCompany,otherthanonFormS-4orFormS-8ortheirequivalent,undertheSecuritiesAct.

“Company Property ”meansanyandallproperty,bothrealandpersonal,tangibleandintangible,whethercontributedorotherwiseacquired,ownedbytheCompany.

“Competitor ”meansanyPerson(1)whoseprincipalbusinessincludes,ownership,operation,developmentoracquisitionofmidstreamenergyassets(including,withoutlimitations,(a)gathering,treating,processing,andtransportingnaturalgas,(b)gathering,transporting,storing,treatingandfractionatingnaturalgasliquids,(c)gathering,storingandtransportingcrudeoilandcondensatesand(d)storingspecialtychemicalproducts((a)-(d)collectively,the“PartnershipBusiness”)andwhodirectlycompeteswithanymemberofthePartnershipGrouporwithinthePartnershipBusinesswithintheareasthePartnershipoperates,asreasonablydeterminedbytheClassAMembersholdingamajorityofthethenoutstandingClassAMembershipInterestsor(2)setforthonExhibitChereto.

“Conflicts Committee ”hasthemeaninggivensuchterminthePartnershipAgreement.

“Day ”meansacalendarday;provided, however ,that,ifanyperiodofDaysreferredtointhisAgreementshallendonaDaythatisnotaBusinessDay,thentheexpirationofsuchperiodshallbeautomaticallyextendeduntiltheendofthenextsucceedingBusinessDay.

“Delaware Certificate ”hasthemeaninggivensuchtermintheRecitals.

“Director ”or“Directors ”hasthemeaninggivensuchterminSection7.1.

“Dissolution Event ”hasthemeaninggivensuchterminSection13.1(a).

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“EIG ”meansEIGBBTSHoldings,LLC,aDelawarelimitedliabilitycompany.

“Encumber ,”“Encumbering ”or“Encumbrance ”meansthecreationofasecurityinterest,lien,pledge,mortgageorotherencumbrance,whethersuchencumbrancebevoluntary,involuntaryorbyoperationofApplicableLaw.

“Existing Agreement ”hasthemeaninggivensuchtermintheRecitals.

“FAS 133 ”meansStatementofFinancialAccountingStandardsNo.133,Accounting for Derivative Instruments and Hedging Activities ,asamended,supplementedorrestatedfromtimetotime,andanysuccessortosuchstatement.

“GAAP ”meansU.S.generallyacceptedaccountingprinciplesasineffectfromtimetotimeduringthetermofthisAgreement.

“General Partner Interest ”hasthemeaninggivensuchterminthePartnershipAgreement.

“Governmental Authority ”or“Governmental ”meansanyfederal,state,localorforeigncourtorgovernmentalorregulatoryagencyorauthorityoranyarbitrationboard,tribunalormediatorhavingjurisdictionovertheCompanyoritsassetsorMembers.

“Group Member ”hasthemeaninggivensuchterminthePartnershipAgreement.

“Group Member Agreement ”hasthemeaninggivensuchterminthePartnershipAgreement.

“Holdings GP ”meansSouthcrossHoldingsGPLLC.

“Holdings GP Agreement ”meansthatcertainThirdAmendedandRestatedLimitedLiabilityCompanyAgreementofHoldingsGP,datedasofApril13,2016,asmaybeamendedfromtimetotime.

“Holdings GP Voting Control ”meanstheownershipbyEIGandTailwaterandtheirrespectiveAffiliatesofsuchnumberofthememberinterestsofHoldingsGPoutstandingatthetimeofthedeterminationundertheapplicabletermsoftheHoldingsGPAgreementandapplicablelaw(a)tocontrolthevoteorconsentbythemembersofHoldingsGPonanymattersubmittedfortheirapprovalorconsentotherthananymatterthatrequirestheapprovalorconsentofallthemembersofHoldingsGPtoauthorizesuchaction,(b)tohavetherightundertheHoldingsGPAgreementtoelectnotlessthanamajorityofthemembersoftheboardofHoldingsGP,or(c)tohavetherightofthemembersoftheboardofHoldingsGPasamajorityofsuchboardtocontrolthedecisiononmattersforwhichsuchboardapprovalisrequiredorpermittedotherthanmatterssetforthinSections6.2(a)and10.1(a)oftheHoldingsLPPartnershipAgreementandSection7.11(b)oftheHoldingsGPAgreement.

“Holdings LP ”hasthemeaninggivensuchterminthePreamble.

“Holdings LP Contribution ”hasthemeaninggivensuchtermintheRecitals.

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“Holdings LP Contribution Agreement ”hasthemeaninggivensuchtermintheRecitals.

“Holdings LP Partnership Agreement ”meansthatcertainThirdAmendedandRestatedAgreementofLimitedPartnershipoftheClassDMember,datedasofApril13,2016,asmaybeamendedfromtimetotime.

“Holdings LP Voting Control ”meanstheownershipbyEIGandTailwaterandtheirrespectiveAffiliatesofsuchnumberofthelimitedpartnerinterestsofHoldingsLPoutstandingatthetimeofthedeterminationundertheapplicabletermsoftheHoldingsLPAgreementandapplicablelawtocontrolthevoteorconsentbythelimitedpartnersofHoldingsLPonanymattersubmittedfortheirapprovalorconsentotherthananymatterthatrequirestheapprovalorconsentofallthelimitedpartnersofHoldingsLPtoauthorizesuchaction.

“HPIP ”hasthemeaninggivensuchterminthePreamble.

“Hypothetical Tax Amount ”means,withrespecttoeachMemberandeachQuarter,anamountequaltotheproductof(a)themaximumprevailingfederalandhigheststateandlocalincometaxratesapplicabletotheInitialClassCMember(includingtheeffectofthetaxonNetInvestmentIncomeasdefinedinSection1411oftheCode,andtakingintoaccountthedeductibilityofstateandlocaltaxesforfederalincometaxpurposesandthecharacterofincomeandlossallocatedasitaffectstheapplicabletaxrate),and(b)thenetamountofcumulativeincomeandgain,lesslosses,deductionsandcredits,allocatedorestimatedbytheCompanytobeallocabletosuchMember(ortheMember’spredecessorininterest)forfederalincometaxpurposesintheapplicableallocationyear,butspecificallyexcluding(i)allocationsunderSection704(c)oftheCodeortheTreasuryRegulationsthereunderinrespectofanyAdjustmentEventoccurringpriortothedateofthisAgreementorinconnectionwiththeadmissionoftheClassCMemberorClassDMemberpursuanttothisAgreementand(ii)theamountofincomeorgainrecognizablebytheClassDMemberresultingfromthetransactionscontemplatedbytheHoldingsLPContributionAgreement.

“Incentive Distribution Rights ”hasthemeaninggivensuchterminthePartnershipAgreement.

“Indemnitee ”means(a)theMembers,(b)anyPersonwhoisorwasanAffiliateoftheCompany(otherthananyGroupMember),(c)anyPersonwhoisorwasamember,manager,partner,director,officer,fiduciaryortrusteeoftheCompanyoranyAffiliateoftheCompany(otherthananyGroupMember),(d)anyPersonwhoisorwasservingattherequestoftheCompanyoranyAffiliateoftheCompanyasamember,manager,partner,director,officer,fiduciaryortrusteeofanotherPerson;provided, however ,thataPersonshallnotbeanIndemniteebyreasonofproviding,onafee-for-servicesbasis,trustee,fiduciaryorcustodialservicesand(e)anyPersontheBoardortheClassAMembersdesignateasan“Indemnitee”forpurposesofthisAgreement.

“Independent Committee ”meansacommitteemadeupofnotlessthanthreeSpecialIndependentDirectors.

“Independent Director ”hasthemeaninggivensuchterminthePartnershipAgreement.

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“Initial Class C Member ”meansLB3Services,aTexasgeneralpartnership,forsolongasLB3ServicesisaClassCMember.

“Initiating Member ”hasthemeaninggivensuchterminSection14.7(a).

“Member ”meansanyPersonexecutingthisAgreementasofthedateofthisAgreementasamemberorhereafteradmittedtotheCompanyasamemberasprovidedinthisAgreement,eachinitscapacityasamemberoftheCompany,butsuchtermdoesnotincludeanyPersonwhohasceasedtobeamemberoftheCompany.

“Membership Interest ”means,withrespecttoanyMember,(a)thatMember’sstatusasaholderoftheapplicableclassofMembershipInterests;(b)thatMember’sshareoftheincome,gain,loss,deductionandcreditsof,andtherighttoreceivedistributionsfrom,theCompanyasaholderoftheapplicableclassofMembershipInterests;(c)allotherrights,benefitsandprivilegesenjoyedbythatMember(undertheAct,thisAgreementorotherwise)initscapacityasaMemberholdingtheapplicableclassofMembershipInterests;and(d)allobligations,dutiesandliabilitiesimposedonthatMember(undertheAct,thisAgreementorotherwise)initscapacityasaMemberholdingtheapplicableclassofMembershipInterests,includinganyobligationstomakeCapitalContributions.

“Midstream Activities ”meansanybusinessactivitythatisgenerallyconsideredintheoilandgasindustrytobepartofthe“midstreamsector,”includingthedevelopment,construction,ownership,operationoracquisitionofassetsforthegathering,processing,storing,transportingandmarketingofhydrocarbons(includingoil,condensate,naturalgasandnaturalgasliquids),includinghydrocarbonterminals,hydrocarbonstoragecomplexes,hydrocarbongatheringandtransloadfacilities,pipeline,platform,dehydration,distillation,stabilization,fractionation,processing,treating,compressionandsimilarsystems,facilities,andrelatedinfrastructure,andotherfacilitiesfortherefining,gathering,transporting(bybarge,pipeline,rail,ship,truckorothermodeoftransportation),terminaling,storing,processing,treating,compressing,dehydrating,blending,fractionating,pumping,andotherwisehandlingofhydrocarbons.

“National Securities Exchange ”meansanexchangeregisteredwiththeCommissionunderSection6(a)oftheSecuritiesExchangeActof1934,asamended,supplementedorrestatedfromtimetotime,andanysuccessorthereto.

“Net Fair Market Value ”withrespecttoanypropertymeanstheamountawillingbuyerwouldpaytoanunrelatedwillingseller,neitherhavinganyobligationtopurchaseorsell,respectively,ontheopenmarketforsuchproperty,takingintoaccountanyliabilities(whetherfixed,contingentorotherwise)towhichsuchpropertyissubject,andignoringanylackofmarketability,lackofcontrolorotherdiscounts,ineachcaseasreasonablyandingoodfaithdeterminedbytheClassAMembers.

“New Capital Contributions ”meansanyCapitalContributionsmadebyaMemberafterDecember10,2015,butexcludinganysuchCapitalContributionsmadebyanyMembertotheextenttheydonotexceedtheaggregateamountofOrdinaryDistributionstosuchMemberafterDecember10,2015.Fortheavoidanceofdoubt,anyassetsacquiredbytheCompanyafter

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December10,2015bywayofamerger,consolidationorsimilartransactionwheretheconsiderationthereforconsistsofnewMembershipInterestsshallbetreatedasaNewCapitalContributionmadehereunderasofthedateofsuchtransaction.

“New Issue Exercise Notice ”hasthemeaninggivensuchterminSection3.1(g)(ii).

“New Issue Notice ”hasthemeaninggivensuchterminSection3.1(g)(ii).

“New Securities ”hasthemeaninggivensuchterminSection3.1(g)(i).

“Notices ”hasthemeaninggivensuchterminSection15.2.

“NYSE ”meanstheNewYorkStockExchange,Inc.

“Ordinary Distributions ”meansanydistributionsotherthanadistributionmadeunderSection5.5(includingamountsthatwouldhavebeendistributedunderSection5.5ifnotforthelastsentenceofSection5.5)oranextraordinarydistributionarisingfromaleveragedrecapitalizationorothernon-ordinarycoursetransaction.

“Original Filing Date ”hasthemeaninggivensuchtermintheRecitals.

“Participating Offeree ”hasthemeaninggivensuchterminSection14.7(a).

“Participation Interest ”hasthemeaninggivensuchterminSection14.7(a).

“Participation Notice ”hasthemeaninggivensuchterminSection14.7(a).

“Partnership ”meansAmericanMidstreamPartners,LP,aDelawarelimitedpartnership,andanysuccessorsthereto.

“Partnership Agreement ”meanstheSixthAmendedandRestatedAgreementofLimitedPartnershipofthePartnership,dated[•],2017,asamendedfromtimetotime,oranysuccessoragreement.

“Partnership Group ”hasthemeaninggivensuchterminthePartnershipAgreement.

“Percentage Interest ”means(a)withrespecttoaClassAMember,suchClassAMember’sClassAPercentageInterest,(b)withrespecttoaClassCMember,suchClassCMember’sClassCPercentageInterestand(c)withrespecttotheClassDMember,theClassDMember’sClassDPercentageInterest.

“Permitted Transfer ”means,withrespecttotheClassCMembershipInterestortheClassDMembershipInterest,(i)anyTransferthatisapprovedbytheBoard,initssoleandabsolutediscretion,(ii)anyTransferpursuanttoSection14.7,Section14.8orSection14.9,asapplicable,(iii)withrespecttoanyClassCMembershipInterest,anyTransferpermittedunderthetermsoftheClassCAwardAgreementwithrespecttosuchClassCMembershipInterest,and(iv)withrespecttoanyClassDMembershipInterest,anyTransferby(A)EIGorTailwatertoaPerson

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thatatthetimeofsuchTransferisnotaCompetitoror(B)totheextentnotinconsistentwiththeHoldingsLPAgreement,aPersonthatisadirectorindirectowneroftheClassDMember(otherthanEIGorTailwater)ofsuchdirectorindirectequityinterestintheClassDMembertoaPersonthatatthetimeofsuchTransferisnotengagedinMidstreamActivities;provided, that ,followingaCompanyIPO,theClassDMembermayTransfertheClassDMembershipInteresttoaPersonthatisadirectorindirectowneroftheClassDMemberasofthedateofsuchTransfer;provided, further ,thatpriortoaCompanyIPO,withouttheapprovaloftheClassAMembersEIGmayonlyTransferitsinterestinHoldingsLPtoitsAffiliatesortoTailwateranditsAffiliates,andTailwatermayonlyTransferitsinterestinHoldingsLPtoitsAffiliatesortoEIGanditsAffiliates;provided, further ,thattheClassDMembershallnotbepermittedtoTransfertheClassDMembershipInterestduringtheRestrictedPeriod(asdefinedintheHoldingsLPContributionAgreement).

“Permitted Transferee ”means,subjecttoArticleXIV,anypersonorentitywhoacquiresalloraportionoftheClassCMembershipInterestorClassDMembershipInterestpursuanttoaPermittedTransfer(includinginthecaseofaClassDMembershipInterestacquiredpursuanttoclause(iv)ofthedefinitionof“PermittedTransfer.”)

“Person ”meansanyindividual,partnership,corporation,limitedliabilitycompany,association,joint-stockcompany,unincorporatedorganization,jointventure,trust,court,Governmentalagencyoranypoliticalsubdivisionthereof,oranyotherentity.

“Quarter ”means,unlessthecontextrequiresotherwise,afiscalquarteroftheCompany.

“Registered Public Accountants ”meansafirmofindependentregisteredcertifiedpublicaccountantselectedfromtimetotimebytheMembers.

“Regulatory Allocations ”hasthemeaninggivensuchterminSection5.1(c).

“ROFO Notice ”hasthemeaninggivensuchterminSection14.9(b).

“ROFO Offer ”hasthemeaninggivensuchterminSection14.9(b).

“ROFO Refusal Date ”hasthemeaninggivensuchterminSection14.9(c).

“ROFO Transfer Period ”hasthemeaninggivensuchterminSection14.9(d).

“Sale Event ”hasthemeaninggivensuchterminSection14.8.

“Sale Request ”hasthemeaninggivensuchterminSection14.8.

“Sharing Percentage ”means,withrespecttoeachMember,(a)priortotheClassCPayout,thepercentageobtainedbymultiplying(i)suchMember’sPercentageInterestby(ii)thepercentagesetforthunder“SharingPercentage(BeforeClassCPayout)”acrossfromsuchMember’snameonExhibitAand(b)aftertheClassCPayout,thepercentageobtainedbymultiplying(i)suchMember’sPercentageInterestby(ii)thepercentagesetforthunder“SharingPercentage(AfterClassCPayout)”acrossfromsuchMember’snameonExhibitA.

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“Significant Subsidiary ”hasthemeaningsetforthinRule1-02ofRegulationS-XundertheSecuritiesActof1933,asamended.

“Special Independent Directors ”meansDirectorsotherthan(i)theClassDDirectorsor(ii)anyDirectorthatisboth(A)electedorapprovedbytheClassAMembersinaccordancewithSection7.1(a)and(B)anofficer,directororemployeeofArcLightoritsAffiliates(otherthantheCompanyoramemberofthePartnershipGroup).

“Subject Interest ”hasthemeaninggivensuchterminSection14.9(b).

“Subsidiary ”hasthemeaninggivensuchterminthePartnershipAgreement.

“Tailwater ”meansTWSouthcrossAggregatorLP,aDelawarelimitedpartnership.

“Tax Matters Member ”hasthemeaninggivensuchterminSection11.3.

“Term ”hasthemeaninggivensuchterminSection2.5.

“Transfer ”(andrelatedwords)means,withrespecttoanyMembershipInterests,asale,assignment,transfer,conveyance,gift,exchangeorothertransferthereof,whethersuchtransferbedirect,indirect(including,fortheavoidanceofdoubt,thesale,assignment,transfer,conveyance,gift,exchangeorothertransferthereof,ofthestock,membershipinterestsorpartnershipinterestsinthePersonthatownsanyMembershipInterests),voluntary,involuntaryorbyoperationofApplicableLaw.

“Transferee ”meansapersonwhohasreceivedMembershipInterestsbymeansofaTransfer.

“Transferor ”hasthemeaninggivensuchterminSection14.2.

“Transferring Member ”hasthemeaninggivensuchterminSection14.9(b).

“Treasury Regulations ”meanstheUnitedStatesTreasuryregulationspromulgatedundertheCode.

“Withdraw ,”“Withdrawing ”or“Withdrawal ”meanstheresignationofaMemberfromtheCompanyasaMember.SuchtermsshallnotincludeanyTransfersofMembershipInterests(whicharegovernedbyArticleXIV),eventhoughtheMembermakingaTransfermayceasetobeaMemberasaresultofsuchTransfer.

(b)Othertermsdefinedhereinhavethemeaningssogiventhem.

SECTION1.2Construction.

Unlessthecontextrequiresotherwise,(a)thegenderofallwordsusedinthisAgreementincludesthemasculine,feminineandneuter,(b)thesingularformsofnouns,pronounsandverbsshallincludethepluralandviceversa,(c)allreferencestoArticlesandSectionsrefertoarticlesandsectionsinthisAgreement,eachofwhichismadeapartforallpurposesand(d)theterm“include”or“includes”meansincludes,withoutlimitation,and“including”meansincluding,withoutlimitation.

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ARTICLE II

ORGANIZATION

SECTION2.1Formation.

TheCompanywasformedasaDelawarelimitedliabilitycompanybythefilingoftheDelawareCertificate,datedasoftheOriginalFilingDate,withtheSecretaryofStateoftheStateofDelawarepursuanttotheAct.

SECTION2.2Name.

ThenameoftheCompanyis“AmericanMidstreamGP,LLC”andallCompanybusinessmustbeconductedinthatnameorsuchothernamesthatcomplywithApplicableLawastheClassAMembersmayselect.

SECTION2.3RegisteredOffice;RegisteredAgent;PrincipalOffice.

ThenameoftheCompany’sregisteredagentforserviceofprocessisTheCorporationTrustCompany,andtheaddressoftheCompany’sregisteredofficeintheStateofDelawareis1209OrangeStreet,Wilmington,NewCastleCounty,Delaware19801.TheprincipalplaceofbusinessoftheCompanyshallbelocatedat200ClarendonStreet,55thFloor,Boston,Massachusetts02117.TheClassAMembersmaychangetheCompany’sregisteredagentorthelocationoftheCompany’sregisteredofficeorprincipalplaceofbusinessastheClassAMembersmayfromtimetotimedetermine.

SECTION2.4Purposes.

ThepurposesoftheCompanyaretoactasthegeneralpartnerofthePartnershipasdescribedinthePartnershipAgreementandtoengageinanylawfulbusinessoractivityancillaryorrelatedthereto.TheCompanyshallpossessandmayexerciseallthepowersandprivilegesgrantedbytheAct,byanyotherlaworbythisAgreement,togetherwithanypowersincidentalthereto,includingsuchpowersandprivilegesasarenecessaryorappropriatetotheconduct,promotionorattainmentofthebusiness,purposesoractivitiesoftheCompany.

SECTION2.5Term.

TheperiodofexistenceoftheCompany(the“Term ”)commencedontheOriginalFilingDateandshallendatsuchtimeasacertificateofcancellationisfiledwiththeSecretaryofStateofDelawareinaccordancewithSection13.4.

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SECTION2.6NoStateLawPartnership.

TheMembersintendthattheCompanynotbeapartnership(includingalimitedpartnership)orjointventure,andthatnoMemberbeapartnerorjointventurerofanyotherMember,foranypurposesotherthanfederal,state,localandforeignincometaxpurposes,andthisAgreementmaynotbeconstruedtosuggestotherwise.

SECTION2.7TitletoCompanyAssets.

TitletoCompanyassets,whetherreal,personalormixedandwhethertangibleorintangible,shallbedeemedtobeownedbytheCompanyasanentity,andnoMembershallhaveanyownershipinterestinsuchCompanyassetsorportionthereof.

SECTION2.8LimitedLiabilityCompanyAgreement;EffectofInconsistencieswiththeAct.

ItistheexpressintentionoftheMembersthatthisAgreementshallbethesolegoverningdocumentfortheCompanyand,excepttotheextentaprovisionofthisAgreementisexpresslyprohibitedorineffectiveunderanonwaivableprovisionofapplicablelaw,thisAgreementshallgovernevenwheninconsistentwith,ordifferentthan,theprovisionsofapplicablelaw.TotheextentanyprovisionofthisAgreementisprohibitedorineffectiveunderanonwaivableprovisionofapplicablelaw,thisAgreementshallbeconsideredamendedtotheleastdegreepossibleinordertomakethisAgreementeffectiveunderapplicablelaw.IfapplicablelawissubsequentlyamendedorinterpretedinsuchawaytomakeanyprovisionofthisAgreementthatwasformerlyinvalidvalid,suchprovisionshallbeconsideredtobevalidfromtheeffectivedateofsuchinterpretationoramendment.TheMembersshallbeentitledtorelyontheprovisionsofthisAgreement,andtheMembersshallnotbeliabletotheCompanyforanyactionorrefusaltoacttakeningoodfaithrelianceonthetermsofthisAgreement.

ARTICLE III

MEMBERSHIP

SECTION3.1MembershipInterests;AdditionalMembers.

(a)EffectiveasoftheexecutionanddeliveryofthisAgreementonthedatehereof,theMembershipInterestsshallbedividedintothefollowingthreeclasses:(i)theClassAMembershipInterests,(ii)theClassCMembershipInterestsand(iii)theClassDMembershipInterests.TherightsandobligationsassociatedwiththeMembershipInterestsareassetforthinthisAgreement.

(b)ExhibitAreflectstheMembers’ownershipoftheClassAMembershipInterests,theClassCMembershipInterests,theClassDMembershipInterestsandeachMember’sSharingPercentage,ineachcaseasofthedatehereof.TheClassAMembersshallbeauthorizedtoprovidesuchrevisionsoramendmentstoExhibitAasmaybenecessaryfromtimetotimetoreflectchangeseffectedinaccordancewiththisAgreement,includingchangesinthemembershipoftheCompany,addressesfornoticesandSharingPercentages.

(c)[RESERVED.]

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(d)Class C Membership Interests .

(i)TheClassCMembershipInterestswillberepresentedbyClassCunits(“Class C Units ”).TheinitialauthorizednumberofClassCUnitsshallbe100,allofwhichhavebeenissuedtotheExecutiveFamilyVehiclepursuanttoaClassCAwardAgreement.

(ii)NoCapitalContributionswillberequiredtobemadebytheClassCMembersonaccountoftheissuanceofanyClassCMembershipInteresttosuchMembers.

(iii)TheClassCMembershipInterestsshallbesubjecttosuchvesting,forfeiture,repurchaseandothertermsandconditionsasmaybesetforthintheapplicableClassCAwardAgreementcoveringsuchClassCMembershipInterest,however,notwithstandinganyprovisionofthisAgreementoraClassCAwardAgreementtothecontrary,allallocationsanddistributionsunderArticleVwillbemadewithoutregardtowhetherornotanyoutstandingClassCMembershipInterestisvested.

(iv)AllassigneesandsubstituteMembers(includingspousesandformerspouses)shallbesubjecttothetermsofanyapplicableClassCAwardAgreement,regardlessofthefactthatanysuchassigneeorsubstituteMemberisnotanemployeeorotherserviceprovideroftheCompany(i.e.,iftheemploymentoftheClassCMemberwhoassignedtheClassCMembershipInteresttosuchassigneeorsubstituteMemberisterminated,theforfeiture,repurchaseandotherapplicabletermsoftheClassCAwardAgreementshallapplytosuchClassCMembershipInterestregardlessoftheirownership).

(v)NotwithstandinganyprovisionofthisAgreementtothecontrary,includingSection15.5,thenumberofauthorizedClassCUnitsshallnotbeincreasedwithouttheconsentoftheBoard,providedthatanyincreaseinthenumberofauthorizedClassCUnitswillnotreducetheSharingPercentageoftheInitialClassCMemberwithouttheconsentoftheInitialClassCMember.Fortheavoidanceofdoubt,ifanyClassCUnitsareforfeitedorrepurchasedbytheCompany,theBoardmayre-issuesuchforfeitedorrepurchasedClassCUnitstootheremployeesandserviceproviders(includingtocurrentClassCMembershipInterestholders).

(vi)TheCompanyandeachClassCMemberagreetotreatanyClassCMembershipInterestasseparate“ProfitsInterests”withinthemeaningofRev.Proc.93-27,1993-2C.B.343.InaccordancewithRev.Proc.2001-43,2001-2C.B.191,theCompanyshalltreataClassCMemberholdingaProfitsInterestastheownerofsuchProfitsInterestfromthedatesuchProfitsInterestisgranted,andshallfileitsIRSForm1065,andissueappropriateScheduleK-1stosuchClassCMember,allocatingtosuchClassCMemberitsdistributiveshareofallitemsofincome,gain,loss,deductionandcreditassociatedwithsuchProfitsInterestasifitwerefullyvested.EachsuchClassCMemberagreestotakeintoaccountsuchdistributiveshareincomputingitsFederalincometaxliabilityfortheentireperiodduringwhichitholdstheProfitsInterest.Except

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asrequiredpursuanttoa“Determination”asdefinedinCodeSection1313(a)orachangeinapplicablelaw,theCompanyandeachClassCMemberagreenottoclaimadeduction(aswages,compensationorotherwise)forthefairmarketvalueofsuchProfitsInterestissuedtoaMember,eitheratthetimeofgrantoftheProfitsInterest,oratthetimetheProfitsInterestbecomessubstantiallyvested.TheundertakingscontainedinthisSection3.1(d)(vi)shallbeconstruedinaccordancewithSection4ofRev.Proc.2001-43.EachClassCMemberagreestotimelyfileanelectionpursuanttoSection83(b)oftheCodewithrespecttosuchClassCMember’sClassCMembershipInterest.

(vii)ExceptasexpresslyprovidedinthisSection3.1(d),Section6.1(b)orinaClassCAwardAgreement,andnotwithstandinganyotherprovisionofthisAgreementtothecontrary,theClassCMembersshallnothave,inrespectoftheirClassCMembershipInterests,anyvoting,control,informationorothernon-economicrights,exceptasrequiredbylaw.

(viii)Notwithstandingtheforegoing,theCompanywillprovidetheClassCMemberssuchinformationastheymayreasonablyrequestfromtimetotimeforpurposesofcalculatingamountsdistributabletotheClassCMembershereunder,including,withoutlimitation,forpurposesofcalculatingtheClassCPayoutThresholdamount.

(e)Class D Membership Interests; Class D Member .

(i)TheClassDMembershipInterestswillberepresentedbyClassDunits(“Class D Units ”).TheinitialauthorizednumberofClassDUnitsshallbe3,000,allofwhichhavebeenissuedtoHoldingsLPupontheconsummationoftheHoldingsLPContribution.

(ii)AninitialCapitalContributionwillbedeemedmadebyHoldingsLPasprovidedinSection5.8oftheHoldingsLPContributionAgreementonaccountoftheissuanceofClassDUnitsupontheconsummationoftheHoldingsLPContribution.

(iii)ExceptasexpresslyprovidedinthisSection3.1(e),Section6.1(c),Section7.1,andnotwithstandinganyotherprovisionofthisAgreementtothecontrary,theClassDMembershallnothave,inrespectofitsClassDMembershipInterests,anyvoting,control,informationorothernon-economicrights,exceptasrequiredbylaw.

(iv)EachofHoldingsGPandtheClassDMemberrepresents,warrants,covenantsandagreesthat:

(A)FromthedateoftheHoldingsLPContributionAgreementuntilthedatehereof,EIGandTailwaterhavecollectivelyheldandmaintainedHoldingsLPVotingControlandHoldingsGPVotingControl;

(B)HoldingsGPshall,orshallcausetheClassDMemberto,providewrittennoticetotheCompanyofanyandallTransfersoflimitedpartnerinterestsoftheClassDMemberorofmemberinterestsofHoldingsGP;

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(C)NoamendmentshallbemadetoeithertheHoldingsLPAgreementortheHoldingsGPAgreementinamannerthatwouldhavetheeffectofeliminatingtheHoldingsLPVotingControlortheHoldingsGPVotingControl,asapplicable,withoutthepriorwrittenconsentoftheClassAMember;

(D)NeitherHoldingsGPnortheClassDMembershallauthorizeorpermitEIGandTailwatertograntanyPerson(otherthanTailwaterorEIG,respectively)control,directlyorindirectly,ofthememberinterestsinHoldingsGPorthelimitedpartnerinterestsintheClassDMember,byvote,proxy,waiver,Transferorotherwise,andshallcauseanysuchgrantorauthoritytobevoidabinitioandofnoforceoreffect;and

(E)AnyexercisebytheClassDMemberofitsrightsunderthisAgreement,including,butnotlimitedto,pursuanttoSection3.1(g)andSection6.1(c)hereof,shallbemadeinaccordancewiththeapplicableprovisionsoftheHoldingsLPAgreementandtheHoldingsGPAgreementasofthedatehereof.

(v)TheClassDMembershallindemnifyandholdharmlesstheCompanyforanybreachorinaccuracyofthecovenantsandagreementssetforthinSection3.1(e)(iv).

(f)Additional Members; New Membership Interests .AdditionalPerson(s)maybeadmittedtotheCompanyasaMember(s)inexchangeforsuchconsiderationanduponsuchothertermsandconditions,ineachcaseasdeterminedbytheClassAMembersingoodfaith.ThetermsofadmissionorissuancemustspecifytheSharingPercentagesapplicabletheretoandmayprovideforthecreationofdifferentclassesorgroupsofMembershavingdifferentrights,powersandduties,includingrights,powersanddutiesthatareseniorinpreferencetoexistingMembers.SubjecttoSection6.1(b)andSection6.1(c),theClassAMembersholdingnotlessthanamajorityofthethenoutstandingClassAMembershipInterestsmayreflectthecreationofanynewclassorgroupinanamendmenttothisAgreementindicatingthedifferentrights,powersandduties,andsuchanamendmentshallbedeemedapprovedandexecutedbytheMembers.AnysuchadmissioniseffectiveonlyaftersuchnewMemberhasexecutedanddeliveredtotheMembersandtheCompanyaninstrumentcontainingthenoticeaddressofthenewMemberandsuchnewMember’sratificationofthisAgreementandagreementtobeboundbyit.UpontheadmissionofanewMember,ExhibitAwillbeupdatedtoreflectsuchadmission.

(g)Preemptive Rights .

(i)Followingthedatehereof,except(x)withrespecttotheCompany’sexerciseofpreemptiverightsprovidedtotheCompanypursuanttothePartnershipAgreement,whichshallbegovernedbythePartnershipAgreement,and(y)distributionsorotherpaymentspaidinkind,iftheCompanyproposestoissue,offerorsellanyMembershipInterestsorotherequitysecuritiesorequity-linkedsecuritiesoftheCompany(“New Securities ”)to,or,subjecttoSection4.2,receiveanyloansatanytimefrom,anyoftheClassAMembersoranyAffiliateofaClassAMember,thenthe

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Company,asdirectedbytheClassAMembers,shalleither(1)obtainthepriorwrittenconsentoftheClassDMember,whichconsentshallnotbeunreasonablywithheld,conditionedordelayedor(2)offertheClassDMembertheopportunitytopurchasesuchNewSecuritiesorparticipateinanysuchloantotheCompanyonaproportionatebasistotheClassDMember’sSharingPercentageatapriceperNewSecurityequaltothepriceperNewSecurityatwhichsuchMembershipInterestsarebeingissuedtotheClassAMembersortheirrespectiveAffiliatesor,inthecaseofsuchaloan,onthesametermsasareagreedbytheClassAMember(s)ortheirAffiliatesprovidingsuchloantotheCompany.

(ii)Followingthedatehereof,iftheCompanyproposestoissue,offerorsellanyNewSecuritiestoanyClassAMemberoranyAffiliatethereofinconjunctionwithanymerger,consolidation,saleofallorsubstantiallyalloftheCompany’sassets,reorganizationorotherbusinesscombination,thentheCompany,asdirectedbytheClassAMembers,shalleither(1)obtainthepriorwrittenconsentoftheClassDMember,whichconsentshallnotbeunreasonablywithheld,conditionedordelayed,totheissuance,offerorsaleofsuchNewSecurities,or(2)obtainthepriorapprovalofsuchissuance,offerorsalebytheBoard,includingapprovalbythemajorityoftheIndependentCommittee,or(3)issuesuchNewSecuritiesontermsthatare“fair,”withsuchdeterminationofwhetherthetermsofsuchNewSecuritiesare“fair”tobedeemedsatisfiedif(A)atleast40%ofsuchNewSecuritiesarepurchasedbyabonafidethirdpartyor(B)anindependentfinancialadvisoryfirmselectedbytheBoard(whichfinancialadvisoryfirmshallnothaverepresentedtheCompanyorthePartnershipasanunderwriter,placementagentorlenderwithinthepreceding24months)providesanopinionstatingthatthetermsarefair,fromafinancialpointofview,totheCompany.

(iii)IftheClassAMemberselect,onbehalfoftheCompany,toprovidepreemptiverightstotheClassDMemberinconnectionwiththeproposaltoissueNewSecuritiespursuanttoSection3.1(g)(i)(2)above,thentheCompanyshallgivepromptwrittennotice(the“New Issue Notice” )oftheCompany’sproposaltoissue,offerorsellNewSecuritiestotheClassDMember.TheNewIssueNoticeshallsetforth(A)theNewSecuritiesbeingoffered,(B)thepriceandterms,ifany,uponwhichthePartnershipproposestoissue,offerandselltheNewSecuritiesand(C)theproposeddateoftheclosingoftheissuanceofsuchNewSecurities.TheClassDMembershallhavefifteen(15)daysafterreceiptoftheNewIssueNoticetosubmitawrittennotice(a“NewIssue Exercise Notice ”)totheCompany.TheClassDMembershallhavetherighttoelecttopurchaseuptoanumberofNewSecuritiesequaltotheClassDMember’spro rata share(basedontheratiooftheClassDMember’sSharingPercentagetotheaggregateSharingPercentagesoftheClassAMembersandClassDMember)atthepriceandonthetermssetforthintheNewIssueNotice.TheNewIssueExerciseNoticeshallsetforththeportionoftheNewSecuritiesthattheClassDMemberelectstopurchase.TotheextentthattheClassDMemberdoesnotelecttopurchaseitsproratashareofanyproposedissuance,theClassAMembersshallhavetheopportunitytoincreasetheirparticipationinsuchproposedissuanceofNewSecuritiesinsuchamountsasagreedbytheClassAMembersholdingamajorityofthethen-outstandingClassAMembershipInterests.

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(iv)Fortheavoidanceofdoubt,nothinginthisAgreementisintendedtoorshallbeconstrued(a)toprohibittheClassAMembersfrompursuinganybusinessopportunityinconcertwiththePartnership,or(b)requirethatanyClassAMemberorthePartnershipoffertotheClassDMemberanypreemptiveorotherparticipatoryrightinanysuchbusinessopportunity,andtheClassDMemberherebyexpresslydisclaimsanyandallrightswithrespecttoanysuchbusinessopportunity.

(v)Followingthedatehereof,ifatanytimeEIGandTailwaterfailtocollectivelyholdHoldingsLPVotingControlorHoldingsGPVotingControl,theClassDMember’srightspursuanttoSection3.1(g)(i)andSection3.1(g)(ii)shallautomaticallyterminateandwillceasetobeofanyforceandeffectthereafter.

(h)Compensatory Issuances .NotwithstandinganythinginthisAgreementtothecontrary,butexceptassetforthinSection6.1(c)(ii),theCompany,asdirectedbytheClassAMembers,mayofferorsellNewSecuritiestodirectors,employeesandserviceprovidersoftheCompanyascompensationwithouttheconsentoftheClassDMember;provided thatanyreductiontotheSharingPercentagesoftheClassAMembersandtheClassDMemberasaresultofanysuchissuanceshallbepro rata basedontheirrespectiveSharingPercentagespriortosuchissuance;provided further thattheissuanceorsaleofanyNewSecuritiespursuanttothisSection3.1(h)shallrequiretheconsentoftheClassCMember(s)ifsuchissuanceorsalereducestheSharingPercentageoftheClassCMember(s).

SECTION3.2Liability.

(a)ExceptasotherwiseprovidedbytheAct,noMembershallbeliableforthedebts,obligationsorliabilitiesoftheCompanysolelybyreasonofbeingamemberoftheCompany.

(b)TheCompanyandtheMembersagreethattherights,dutiesandobligationsoftheMembersintheircapacitiesasmembersoftheCompanyareonlyassetforthinthisAgreementandasotherwiseariseundertheAct.Furthermore,theMembersagreethat,tothefullestextentpermittedbyApplicableLaw,theexistenceofanyrightsofaMember,ortheexerciseorforbearancefromexerciseofanysuchrights,shallnotcreateanydutiesorobligationsofsuchMemberinitscapacityasamemberoftheCompany,norshallsuchrightsbeconstruedtoenlargeorotherwisetoalterinanymannerthedutiesandobligationsofsuchMember.

SECTION3.3Withdrawal.

AMemberdoesnothavetherightorpowertoWithdraw.

SECTION3.4AccesstoInformation.

EachMembershallbeentitledtoreceive,foranypurposereasonablyrelatedtoitsinterestasaMember,anyinformationthatitmayreasonablyrequestconcerningtheCompany;provided, however ,thatthisSection3.4shallnotobligatetheCompanytocreateanyinformationthatdoesnotalreadyexistatthetimeofsuchrequest(otherthantoconvertexistinginformation

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fromonemediumtoanother,suchasprovidingaprintoutofinformationthatisstoredinacomputerdatabase);provided further ,however ,thattheClassDMembershallonlybepermittedtoreceivesuchinformationpreparedbytheCompanypursuanttoSection12.2.EachMembershallalsohavetheright,uponreasonablenotice,andatallreasonabletimesduringusualbusinesshours,toinspectthepropertiesoftheCompanyandtoaudit,examineandmakecopiesofthebooksofaccountandotherrecordsoftheCompanyforapurposereasonablyrelatedtoitsinterestasaMember;provided, however ,thatsuchinformationorcopiesoftheCompany’sbooksorrecordsreceivedpursuanttothisSection3.4shallbeconsideredconfidentialoratradesecret,andtheClassDMembershallnotbepermittedtodistributeanysuchinformationorcopiesoftheCompany’sbooksorrecordsreceivedpursuanttothisSection3.4toanyPersonholdingdirectorindirectinterestsintheClassDMemberotherthanEIGorTailwater,unlessafterconsultationwiththeClassAMembertheClassDMemberreasonablyandingoodfaithdeterminesthatsuchinformationorcopiesoftheCompany’sbooksorrecordsarenotconfidentialoratradesecret.SuchrightmaybeexercisedthroughanyagentoremployeeofsuchMemberdesignatedinwritingbyitorbyanindependentpublicaccountant,engineer,attorneyorotherconsultantsodesignated.Allcostsandexpensesincurredinanyinspection,examinationorauditmadeonsuchMember’sbehalfshallbebornebysuchMember.

ARTICLE IV

CAPITAL CONTRIBUTIONS

SECTION4.1CapitalContributions.

Thepartiesheretoagreethat,asofthedatehereof,therespectiveamountsoftheCapitalContributionsoftheMemberswithrespecttotheirMembershipInterestsandthepercentageofsuchclassofMembershipInterestsownedbyeachMember,togetherwitheachMember’sSharingPercentage,areassetforthonExhibitA.ExceptasotherwisedescribedinthelastsentenceofthisSection4.1,HPIPanditsAffiliateswillnotmakeanyadditionalCapitalContributionstotheCompany.UpontheadmissionofasubsequentMemberoraCapitalContributionmadebyanyMemberinaccordancewiththetermsofthisAgreement,theClassAMembersshallupdateExhibitAtoreflecttheCapitalContributionandSharingPercentageattributabletosuchMember,andsuchamendmentneedbeexecutedonlybyanauthorizedofficeroftheCompany.AfteradmissionasaMember,noMembershallbeobligatedtomakeanyadditionalcapitalcontributionstotheCompany.Notwithstandinganythinghereintothecontrary,totheextenttheCompanywouldnothavesufficientAvailableCashtopermittheCompanytomakethosedistributionsdescribedinSection5.5inanyQuarterinfullwithrespecttotheClassCMember,eachofHPIP,AMIDHoldingsandtheClassDMembershall,onaproratabasisinaccordancewithSharingPercentages,contributeanamountofcashtotheCompanywithinseven(7)BusinessDaysaftertheendoftheimmediatelyprecedingQuartersothatsuchdistributionsmaybemadeinfulltotheClassCMember.

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SECTION4.2Loans.

IftheCompanydoesnothavesufficientcashtopayitsobligations,anyClassAMembermayadvanceallorpartoftheneededfundstooronbehalfoftheCompany.AnadvancedescribedinthisSection4.2constitutesaloanfromtheMembertotheCompany,bearsinterestatalawfulratedeterminedbytheClassAMembersholdingamajorityoftheoutstandingClassAMembershipInterestsfromthedateoftheadvanceuntilthedateofpaymentandwillnotconstituteaCapitalContribution.Notwithstandinganythinghereintothecontrary,thetermsandconditionswithrespecttoanyloanasdescribedabove,andanyothertransactionbetweenoramongtheCompanyontheonehandandanyMemberoranyAffiliatethereofontheotherhand(i)shallnotbeengagedinwithamaterialpurposetodisproportionatelyandadverselyaffect,inanymaterialrespect,(A)theeconomicrightsoftheClassCMembersascomparedtotheClassAMembersorClassDMemberor(B)theeconomicrightsoftheClassDMemberascomparedtotheClassAMembers,or(ii)shallhavefairmarketvalueterms(orbeotherwisefairandreasonabletotheCompany,takingintoaccountthetotalityoftherelationshipsbetweenthepartiesinvolved(includingothertransactionsthatmaybeparticularlyfavorableoradvantageoustotheCompany))asreasonablyandingoodfaithdeterminedbytheCompany,andanysuchtransactionshallbedisclosedtotheInitialClassCMemberandtheClassDMemberinwritingbeforeitisenteredintobytheCompany.

SECTION4.3ReturnofContributions.

Exceptasexpresslyprovidedherein,noMemberisentitledtothereturnofanypartofitsCapitalContributionsortobepaidinterestinrespectofeitheritsCapitalAccountoritsCapitalContributions.AnunrepaidCapitalContributionisnotaliabilityoftheCompanyorofanyMember.AMemberisnotrequiredtocontributeortolendanycashorpropertytotheCompanytoenabletheCompanytoreturnanyMember’sCapitalContributions.

SECTION4.4CapitalAccounts.

ACapitalAccountshallbeestablishedandmaintainedforeachMemberinaccordancewiththeAllocationRegulations.TheCapitalAccountbalancesofeachMembershallbemadeavailabletoaMemberuponawrittenrequesttotheCompany.

ARTICLE V

DISTRIBUTIONS AND ALLOCATIONS

SECTION5.1AllocationsforCapitalAccountPurposes.

(a)ExceptasotherwisesetforthinSection5.1(b),forpurposesofmaintainingtheCapitalAccountsandindeterminingtherightsoftheMembersamongthemselves,theCompany’sitemsofincome,gain,lossanddeductionforanyfiscalyearshallbeallocatedandchargedtotheMemberstocause,totheextentpossible,thepositiveCapitalAccountbalancesoftheMembers(asadjustedtoreflectallallocationsunderSection5.1(b)andalldistributionsthroughtheendofsuchfiscalyear)toequal,asnearlyaspossible:

(i)theamountsuchMemberwouldreceiveifallassetsoftheCompanyattheendofsuchtaxableperiodweresoldforcashattheirCarryingValue,allliabilitiesoftheCompanyweresatisfiedincashinaccordancewiththeirterms(limitedinthecaseof

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“nonrecourseliabilities”(asdefinedinTreasuryRegulationSection1.752-1(a)(2))and“partnernonrecoursedebt”(asdefinedinTreasuryRegulationSection1.704-2(b)(4))totheCarryingValueofthepropertysecuringsuchliabilities),andanyremainingcashweredistributedtotheMembersunderSection5.4,minus

(ii)thesumof(x)theamount,ifany,thatsuchMemberwouldbeobligatedtocontributetothePartnershipimmediatelyaftersuchahypotheticalliquidation,(y)suchMember’sshareofany“partnershipminimumgain”(withinthemeaningofSection1.704-2(b)(2)oftheTreasuryRegulations)determinedpursuanttoTreasuryRegulationSection1.704-2(g),and(z)suchPartner’sshareof“partnernonrecoursedebtminimumgain”(withinthemeaningofSection1.704-2(i)(4)oftheTreasuryRegulations)determinedpursuanttoTreasuryRegulationSection1.704-2(i)(5),inthecaseofclauses(y)and(z)asallcomputedimmediatelypriortothehypotheticalsaledescribedabove

(b)PriortomakinganyallocationsprovidedforinSection5.1(a)above,thefollowingspecialallocationsshallbemadeinthefollowingorder:

(i)Minimum Gain Chargeback .TotheextentrequiredbySection1.704-2(f)oftheTreasuryRegulations,ifthereisanetdecreasein“partnershipminimumgain”(withinthemeaningofSection1.704-2(b)(2)oftheTreasuryRegulations)inafiscalyear,theneachMembershallbespeciallyallocateditemsofincomeandgain(includinggrossincome)arisingduringthatfiscalyear(andifnecessarysubsequentfiscalyears),equaltosuchMember’sshareofthenetdecreaseinpartnershipminimumgain.AllocationspursuanttotheprevioussentenceshallbemadeinproportiontotherespectiveamountsrequiredtobeallocatedtoeachMemberpursuantthereto.TheitemstobeallocatedshallbedeterminedinaccordancewithTreasuryRegulationSections1.704-2(f)(6)and1.704-2(j)(2).ThisSection5.1(b)(i)isintendedtocomplywiththeminimumgainchargebackrequirementsofTreasuryRegulationSection1.704-2(f)andshallbeinterpretedconsistentlytherewith.

(ii)Member Nonrecourse Debt Minimum Gain Chargeback .Ifthereisanetdecreasein“partnernonrecoursedebtminimumgain”(withinthemeaningofSection1.704-2(i)(4)oftheTreasuryRegulations)inanyfiscalyear,theneachMemberthathasashareofthe“partnernonrecoursedebtminimumgain”asofthebeginningofthefiscalyearshallbespeciallyallocateditemsofincomeandgainarisingduringthatfiscalyear(andifnecessarysubsequentfiscalyears)totheextentrequiredbySection1.704-2(i)(4)oftheTreasuryRegulations.AllocationspursuanttotheprevioussentenceshallbemadeinproportiontotherespectiveamountsrequiredtobeallocatedtoMemberpursuantthereto.TheitemstobesoallocatedshallbedeterminedinaccordancewithTreasuryRegulationSections1.704-2(i)(4)and1.704-2(j)(2).ThisSection5.1(b)(ii)isintendedtocomplywiththepartnernonrecoursedebtminimumgainchargebackrequirementofTreasuryRegulationsSection1.704-2(i)(4)andshallbeinterpretedconsistentlytherewith.

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(iii)Qualified Income Offset .IntheeventanyMemberreceivesanyadjustments,allocationsordistributionsdescribedinTreasuryRegulationSections1.704-1(b)(2)(ii)(d)(4),1.704-1(b)(2)(ii)(d)(5),or1.704-1(b)(2)(ii)(d)(6),itemsofCompanyincomeandgainshallbespecificallyallocatedtosuchMemberinanamountandmannersufficienttoeliminate,totheextentrequiredbytheAllocationRegulations,thedeficitbalance,ifany,insuchMember’sAdjustedCapitalAccountcreatedbysuchadjustments,allocationsordistributionsasquicklyaspossible.

(iv)Nonrecourse Deductions .Ifthereareany“nonrecoursedeductions”(withinthemeaningofTreasuryRegulationSections1.704-2(b)(1)and1.704-2(c))inafiscalyear,theneachMembershallbeallocateditsshareofsuchnonrecoursedeductionsinproportiontoitsrespectiveSharingPercentage.

(v)Member Nonrecourse Deductions .Ifthereareany“partnernonrecoursedeductions”(withinthemeaningofTreasuryRegulationSection1.704-2(i)(1))inafiscalyear,thensuchdeductionsshallbeallocatedtotheMemberthatbearstheeconomicriskoflossforthe“partnernonrecourseliability”(withinthemeaningofTreasuryRegulationSection1.704-2(b)(4))towhichthedeductionsareattributable.

(vi)Gross Income Allocations .IntheeventanyMemberhasadeficitbalanceinsuchMember’sAdjustedCapitalAccountattheendofanyCompanytaxableperiod,suchMembershallbespeciallyallocateditemsofCompanygrossincomeandgainintheamountofsuchexcessasquicklyaspossible;provided thatanallocationpursuanttothisSection5.1(b)(vi)shallbemadeonlyifandtotheextentthatsuchMemberwouldhaveadeficitbalanceinsuchMember’sAdjustedCapitalAccountafterallotherallocationsprovidedinthisSection5.1havebeententativelymadeasifSection5.1(b)(iii)werenotintheAgreement.

(vii)Code Section 754 Adjustment .TotheextentanadjustmenttotheadjustedtaxbasisofanyCompanyassetpursuanttoSection734(b)or743(b)oftheCodeisrequired,pursuanttotheAllocationRegulations,tobetakenintoaccountindeterminingCapitalAccounts,theamountofsuchadjustmenttotheCapitalAccountsshallbetreatedasanitemofgain(iftheadjustmentincreasesthebasisoftheasset)orloss(iftheadjustmentdecreasessuchbasis),andsuchitemofgainorlossshallbespeciallyallocatedtotheMembersinamannerconsistentwiththemannerinwhichtheirCapitalAccountsarerequiredtobeadjustedpursuanttotheAllocationRegulations.

(c)Curative Allocation .ThespecialallocationssetforthinSection5.1(b)(i)through(vii)(the“Regulatory Allocations ”)areintendedtocomplywiththeAllocationRegulations.NotwithstandinganyotherprovisionsofthisSection5.1,theRegulatoryAllocationsshallbetakenintoaccountinallocatingitemsofincome,gain,lossanddeductionamongtheMemberssuchthat,totheextentpossible,thenetamountofallocationsofsuchitemsandtheRegulatoryAllocationstoeachMembershallbeequaltothenetamountthatwouldhavebeenallocatedtoeachMemberiftheRegulatoryAllocationshadnotoccurred.

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SECTION5.2TaxAllocations.

Forfederalincometaxpurposes,exceptasotherwiserequiredbytheCode,theAllocationRegulationsorthefollowingsentence,eachitemofCompanyincome,gain,loss,deductionandcreditshallbeallocatedamongtheMembersinthesamemannerascorrespondingitemsareallocatedinSection5.1.Notwithstandinganyprovisionscontainedhereintothecontrary,inaccordancewithSection704(c)oftheCodeandtheTreasuryRegulationsthereunder,Companyitemsofincome,gain,lossanddeductionshallbeallocatedtotakeintoaccountanyvariationbetweentheCompany’staxbasisinCompanyPropertyanditsCarryingValue.AnyelectionsorotherdecisionsrelatingtosuchallocationsshallbemadebytheTaxMattersMemberinanymannerthatreasonablyreflectsthepurposeandintentionofthisAgreement,provided,thattheCompanyshallusetheremedialallocationmethodsetforthinTreasuryRegulationSection1.704-3(d).AllocationspursuanttothisSection5.2aresolelyforpurposesoffederal,stateandlocaltaxes,andshallnotaffect,orinanywaybetakenintoaccountincomputing,anyMember’sCapitalAccount,shareofallocationspursuanttoSection5.1,ordistributionspursuanttoanyprovisionofthisAgreement.

SECTION5.3VaryingInterests.

Allitemsofincome,gain,loss,deductionorcreditshallbeallocated,andalldistributionsshallbemade,tothePersonsshownontherecordsoftheCompanytohavebeenMembersasofthelastcalendarDayoftheperiodforwhichtheallocationordistributionistobemade.Notwithstandingtheforegoing,ifduringanytaxableyearthereisachangeinanyMember’sSharingPercentage,theMembersagreethattheirallocablesharesofsuchitemsforthetaxableyearshallbedeterminedonanyreasonablemethoddeterminedbytheClassAMembersintheirsolediscretiontobepermissibleunderCodeSection706andtherelatedTreasuryRegulationstotakeaccountoftheMembers’varyingSharingPercentages.

SECTION5.4Distributions.

ExceptasotherwiseprovidedinSection13.2orSection14.10,andexpresslysubjecttoSection5.5,Section5.6andthelastsentenceofthisSection5.4,cashmaybedistributedatsuchtimeandinsuchamountsastheClassAMembersholdingamajorityofthethen-outstandingClassAMembershipInterestsshalldeterminetotheMembersinaccordancewiththeirthenrespectiveSharingPercentages.SuchdistributionsshallbemadeconcurrentlytotheMembers(ortheirAssignees)asreflectedonthebooksoftheCompanyonthedatesetforpurposesofsuchdistribution;provided, however ,thatwithinfifty(50)daysfollowingtheendofeachQuarter,anamountequalto100%ofAvailableCashwithrespecttosuchQuartershallbedistributedinaccordancewiththisArticleV.DistributionstotheMembersshallbemadesimultaneouslyinaccordancewitheachsuchMember’sSharingPercentage(atthetimetheamountsofsuchdistributionsaredetermined).Fortheavoidanceofdoubt,ifanyamountisdistributedbytheCompanypursuanttoorinaccordancewiththisSection5.4(includingbywayofSection13.2(a)(iii)(C))priortoClassCPayouthavingoccurred,andsuchdistributionisinanamountinexcessoftheamountthatcausesClassCPayouttohaveoccurred,suchdistributionshallbebifurcatedanddistributedinaccordancewiththeSharingPercentagespre-andpost-ClassCPayout,asapplicable.NotwithstandinganythingisthisSection5.4tothecontrary,totheextentHPIP,AMIDHoldingsortheClassDMembermakeanyCapitalContributionsdescribedinthelastsentenceofSection4.1,amountsotherwisedistributablepursuanttothis

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Section5.4shallfirstbedistributedtoHPIP,AMIDHoldingsortheClassDMemberinanamountequaltosuchCapitalContributions(and,fortheavoidanceofdoubt,anydistributionstoHPIP,AMIDHoldingsortheClassDMemberpursuanttothissentencewillnotreduceorotherwiseimpactHPIP’s,AMIDHolding’sortheClassDMember’sentitlementtoanysubsequentorothercontemporaneousdistributions).

SECTION5.5TaxDistributions.

PriortoanydistributionsbeingmadebytheCompanypursuanttoSection5.4inanyQuarter,theCompanyshallwithinten(10)BusinessDaysaftertheendoftheimmediatelyprecedingQuarter,onlytotheextentofAvailableCash,distributetoeachMemberanamountequaltotheHypotheticalTaxAmountwithrespecttosuchMemberandsuchimmediatelyprecedingQuarter,provided,however,thatforpurposesofcalculatingtheHypotheticalTaxAmountwithrespecttosuchimmediatelyprecedingcalendarquarterandmakingsuchdistributionwithinten(10)BusinessDaysaftertheendofsuchQuarter,thenetamountofcumulativeincomeandgain,lesslosses,deductionsandcredits,estimatedbytheCompanytobeallocabletosuchMemberforfederalincometaxpurposesforsuchquarterwillbedeterminedbasedontheaverageofthePartnership’snetcumulativeincomeandgain,lesslosses,deductionsandcredits(takingintoaccountthecharacterofincomeandlossandthedeductibilityofstateandlocaltaxesforfederalincometaxpurposes)overthefour(4)priorQuarters.Assoonaspracticableafterthemakingofanydistributionundertheprecedingsentence(orthemakingofthedeterminationthatnosuchdistributionwasrequired),theCompanyshalldetermineanactualestimateofthenetamountofcumulativeincomeandgain,lesslosses,deductionsandcreditsallocabletoeachMember(takingintoaccountthecharacterofincomeandlossandthedeductibilityofstateandlocaltaxesforfederalincometaxpurposes)forfederalincomepurposesfortheQuarterinquestion(an“Actual Estimate ”),and(i)ifthedistributionthatwasmadewaslessthanwhataMembershouldhavereceivedbaseduponsuchActualEstimate,theCompanywillpromptly,onlytotheextentofAvailableCash,distributetosuchMemberanamountequaltosuchdeficit,or(ii)ifthedistributionthatwasmadewasmorethanwhataMembershouldhavereceivedbaseduponsuchActualEstimate,thensubsequentdistributionsunderthisSection5.5shallbereduced(butnotbelowzero)untilsuchexcesshasbeenrecouped.TotheextenttheCompanydoesnothavesufficientAvailableCashtomakeanydistributionsdescribedinthisSection5.5,suchdistributionsshallbemadeinthesameproportionastheamountsotherwisedistributablepursuanttothisSection5.5;provided,however ,thattotheextentHPIP,AMIDHoldingsortheClassDMembermakeanyCapitalContributionsdescribedinthelastsentenceofSection4.1,suchamountssocontributedshallbedistributedentirelytotheClassCMember.AnyamountdistributedtoanyMemberpursuanttothisSection5.5shallbetreatedasanadvanceagainstthenextsubsequentdistributionstosuchMember(whetherinsuchQuarteroranyfutureQuarter)pursuanttoorinaccordancewithSection5.4(includingbywayofSection13.2(a)(iii)(C)),andshallreducesuchnextsubsequentdistributionstosuchMemberonadollar-for-dollarbasis.NotwithstandinganyprovisionofthisAgreementtocontrary,theCompanyshallnotberequiredtomakeanydistributionunderthisSection5.5withrespecttoanyQuarteriftheClassCMemberisnotentitledtoadistributionunderthisSection5.5withrespecttosuchQuarter.

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SECTION5.6LimitationsonDistributions.

NotwithstandinganyprovisiontothecontrarycontainedinthisAgreement,theCompanyshallnotmakeadistributiontoanyMemberonaccountofitsinterestintheCompanyifsuchdistributionwouldviolateanyApplicableLaw.

ARTICLE VI

MANAGEMENT

SECTION6.1Management.

(a)Management by the Class A Member .ExceptassetforthinSection6.1(b)andSection6.1(c),themanagementoftheCompanyisfullyreservedtotheClassAMembers,andtheCompanyshallnothave“managers”asthattermisusedintheAct.ThepowersoftheCompanyshallbeexercisedbyorundertheauthorityof,andthebusinessandaffairsoftheCompanyshallbemanagedunderthedirectionof,theClassAMembersactingbytheholdersofamajorityofthethen-outstandingClassAmembershipInterests,who,exceptasexpresslyprovidedotherwiseinthisAgreement,shallmakealldecisionsandtakeallactionsfortheCompanyorotherPersons.

NotwithstandinganythinginthisAgreement,includingthisSection6.1,tothecontrary,theconsentofanyMemberotherthanaClassAMembershallnotberequiredforanysaleortransferoftheCompanyoranyofitsassets(includinganyportionoftheIncentiveDistributionRights)to(i)anymemberofthePartnershipGroupinexchangeforanypartnershipinterestsorotherequityinterestsinthePartnershiporanyothermemberofthePartnershipGroupor(ii)anyPersonthatisnotanAffiliateoftheClassAMembers.Fortheavoidanceofdoubt,thePartnershipGroupshallnotbedeemedanAffiliateoftheClassAMemberforpurposesoftheforegoingsentence.

(b)Consent Rights of the Class C Member .Notwithstandinganythinghereintothecontrary,including,withoutlimitation,anythinginSection3.1(f)tothecontrary,withoutthepriorwrittenconsentoftheClassCMembersholdingamajorityofClassCUnits,butspecificallyincludingtheInitialClassCMember,whichconsentshallnotbeunreasonablywithheld,conditionedordelayed,theCompanyshallnot(directlyorthroughanySubsidiaries):

(i)createorissueanyNewSecuritiestotheextentsuchNewSecuritieswouldreducetheSharingPercentageofanyClassCMemberhereunder;or

(ii)takeanyaction,exceptwithrespecttotheCompany’sexerciseofpreemptiverightsprovidedtotheCompanypursuanttothePartnershipAgreement,thatwouldresultintheissuanceofanysecurityofthePartnershiptoanAffiliateofaClassAMember,theissuanceofwhichwouldhaveamaterialanddisproportionateadverseeffectontheClassCMembersascomparedtotheClassAMembers,withouttheapprovalofthetransactioninaccordancewithSection7.9ofthePartnershipAgreement(includingapprovaloftheConflictsCommittee);or

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(iii)merge,consolidate,combineorengageinanyotherrestructuringwithanyotherPersonifamaterialpurposeofsuchtransactionistomateriallyandadverselyaffecttherightsorobligationsofanyClassCMemberinamannerthatwouldrequiretheconsentofsuchClassCMemberpursuanttothelastsentenceofSection15.5ifsuchresultwereinsteadachievedortobeachievedpursuanttoanamendmentorproposedamendmenttothisAgreementortheDelawareCertificate,withoutfirstobtainingtheconsentdescribedtherein.

(c)Consent Rights of the Class D Member .WithoutthepriorwrittenconsentoftheClassDMember,whichconsentshallnotbeunreasonablywithheld,conditionedordelayed,theCompanyshallnot(directlyorthroughanySubsidiaries):

(i)incuranyindebtednessforborrowedmoneyinexcessof$50,000,000(excludingaccruedandunpaidinterestthereon)atanytimeoutstandingthathasapreferenceastopaymentoranyrightsuponliquidationoftheCompanythatareseniortotheClassDMembershipInterests,providedthattheforegoingrestrictionontheincurrenceofindebtednessshallnotapplytoindebtednessofanymemberofthePartnershipGroup;or

(ii)amend,restateorwaiveanyprovisionofthisAgreementinamannerthatwould(A)increaseorextendanyfinancialobligationorliabilityoftheClassDMemberhereunder,(B)materiallyandadverselyaffecttherights,privilegesandpreferencesoftheClassDMemberinrelationtothoseoftheClassAMembersor(C)otherthaninaccordancewiththisAgreement,includingSection3.1(f),Section3.1(g)andSection3.1(h),reducetheSharingPercentageoftheClassDMemberor(D)amendthelastsentenceofSection15.5inamannerthatismateriallyadversetotheClassDMember.

provided, however ,thatifatanytimeEIGandTailwaterfailtocollectivelyholdHoldingsLPVotingControlorHoldingsGPVotingControl,theClassDMember’srightspursuanttoSection6.1(c)(i)shallautomaticallyterminateandwillceasetobeofanyforceandeffectthereafter.

SECTION6.2Delegation.

SubjecttoSection6.1(b),Section6.1(c)andSection6.4andwithoutlimitingthepowerandauthorityoftheClassAMemberstomanagethebusinessandaffairsoftheCompanypursuanttotheActandthisAgreement,theClassAMembers,actingbytheholdersofamajorityofthethen-outstandingClassAMembershipInterests,shallhavethepowerandauthoritytodelegatetooneormoreotherPersonstheClassAMembers’rightsandpowertomanageandcontrolthebusinessandaffairs,oranyportionthereof,oftheCompany,includingtodelegatetoagents,officersandemployeesoftheClassAMembersortheirrespectiveAffiliates.

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SECTION6.3BoardofDirectors.

ExcepttotheextentspecificallyreservedtotheMembersinthisAgreement,theMembersherebydelegatetotheBoardofDirectorsoftheCompany(the“Board ”)allpowerandauthorityrelatedtotheCompany’smanagementandcontrolofthebusinessandaffairsofthePartnershipGroup.

SECTION6.4PowersReservedfortheClassAMembers.NotwithstandinganyprovisiontothecontraryinthisAgreementexceptSection6.1(b)andSection6.1(c):

(a)theClassAMembersshallhaveexclusiveauthorityovertheinternalbusinessandaffairsoftheCompanythatdonotrelatetomanagementandcontrolofthebusinessandaffairsofthePartnershipGroup,andtheBoardandtheOfficersshallhavenoauthoritytoactwithrespecttoanymatterthatdoesnotrelatetothemanagementandcontrolofthebusinessandaffairsofthePartnershipGroupexceptasmaybeexpresslyauthorizedanddirectedfromtimetotimebymembersholdingamajorityoftheClassAMembershipInterests.Forillustrativepurposes,theinternalbusinessandaffairsoftheCompanywheretheClassAMembersshallhaveexclusiveauthorityinclude(i)theamountandtimingofdistributionspaidbytheCompany,(ii)theprosecution,settlementormanagementofanyclaimmadedirectlyagainsttheCompanyandnotinvolvingorrelatingtothePartnershipGroup,(iii)thedecisiontosell,convey,transferorpledgeanyassetoftheCompany,(iv)thedecisiontoamend,modifyorwaiveanyrightsrelatingtotheassetsoftheCompany,(v)thevotingof,orexerciseofotherrightswithrespectto,anyPartnershipInterests(otherthantheGeneralPartnerInterest)heldbytheCompanyoritsAffiliatesand(vi)thedecisiontoenterintoanyagreementtoincuranobligationoftheCompany,otherthananagreemententeredintoforandonbehalfofanyGroupMemberforwhichtheCompanyisliableexclusivelybyvirtueoftheCompany’scapacityasgeneralpartnerofthePartnership;and

(b)withoutobtainingapprovaloftheClassAMembersholdingamajorityoftheClassAMembershipInterests,theCompanyshallnot,andshallnottakeanyactiontocauseanyGroupMemberto,(i)sellallorsubstantiallyalloftheassetsoftheCompanyorsuchGroupMember,(ii)merge,consolidateorconverttheorganizationalformoftheCompany,thePartnershiporanyotherGroupMemberthatconstitutesaSignificantSubsidiary,(iii)tothefullestextentpermittedbyApplicableLaw,dissolve,liquidateorwind-uptheCompany,thePartnershiporanyGroupMemberthatconstitutesaSignificantSubsidiary,(iv)makeorconsenttoageneralassignmentforthebenefitofitsrespectivecreditors,(v)fileorconsenttothefilingofanyBankruptcy,(vi)makeanyelectiontobeclassifiedasotherthanapartnershiporadisregardedentityforU.S.federalincometaxpurposes,(vii)enterintoanyhedgingtransactionsthatarenotincompliancewithFAS133or(viii)takevariousactionssimilartothosedescribedinanyofclauses(i)through(vii)ofthisSection6.4(b).

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ARTICLE VII

BOARD OF DIRECTORS

SECTION7.1Number;Qualification;Tenure.

(a)SubjecttoSection7.1(b),thenumberofdirectorsconstitutingtheBoardshallbebetweenoneandeleven(eacha“Director ”and,collectively,the“Directors ”),assuchnumbermaybefixedfromtimetotimepursuanttoaresolutionadoptedbyamajorityofDirectors.ADirectorneednotbeaMember.Nine(9)oftheDirectorsshallbeelectedorapprovedbytheClassAMembersatanannualmeetingoftheClassAMembersand,forsolongas(A)theSharingPercentageoftheClassDMemberis10%ormoreand(B)EIGandTailwatercollectivelyholdHoldingsLPVotingControlandHoldingsGPVotingControl,two(2)oftheDirectorsshallbeappointedbytheClassDMember(the“Class D Directors ”)andshallbereasonablyacceptabletotheClassAMembers.EachPersonappointedorelectedasaDirectoroftheCompanyshallserveforatermofoneyear(oruntilsuchPerson’searlierdeath,resignationorremovalfromoffice)oruntilsuchPerson’ssuccessoriselectedandqualified(orhisorherearlierdeath,resignationorremovalfromoffice)bytheMembersentitledtoelectandqualifysuchsuccessor.ThenumberofDirectorsontheBoardasofthedateofthisAgreementshallbeeleven(11)andthenamesoftheDirectorsoftheCompanyasofthedatehereofarelistedonExhibitB.ForsolongastheClassDMemberhastherighttoappointtheClassDDirectorsasprovidedinthesecondsentenceofthisSection7.1(a),iftheBoardreducesthenumberofDirectorsontheBoardpursuanttoaresolutionadoptedbyamajorityofDirectors,anysuchreductionshallnotaffecttherightoftheClassDMembertoappointtwoClassDDirectors.

(b)IftheSharingPercentageoftheClassDMemberislessthan10%orEIGandTailwaterceaseatanytimetocollectivelyholdeitherHoldingsLPVotingControlorHoldingsGPVotingControl,then(i)theClassDDirectorsshallautomaticallyberemovedfromtheirpositionsasDirectorsand(ii)thereafter,thenumberofdirectorsconstitutingtheBoardshallautomaticallyandimmediatelybedecreasedbytwo.

SECTION7.2RegularMeetings.

RegularquarterlyandannualmeetingsoftheBoardshallbeheldatsuchtimeandplaceasshallbedesignatedfromtimetotimebyresolutionoftheBoard.Noticeofsuchregularquarterlyandannualmeetingsshallnotberequired.

SECTION7.3SpecialMeetings.

AspecialmeetingoftheBoardmaybecalledatanytimeatthewrittenrequestof(a)theChairmanoftheBoard,(b)amajorityoftheIndependentDirectorsor(c)anythreeDirectors.

SECTION7.4Notice.

(a)WrittennoticeofallspecialmeetingsoftheBoardmustbegiventoallDirectorsatleastoneBusinessDaypriortoanyspecialmeetingoftheBoard.

(b)AllnoticesandothercommunicationstobegiventoDirectorsshallbesufficientlygivenforallpurposeshereunderifinwritingandwhendeliveredbyhand,courierorovernightdeliveryservice,threedaysafterbeingmailedbycertifiedorregisteredmail,returnreceiptrequested,withappropriatepostageprepaid,andwhenreceivedintheformofan

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emailorfacsimile,andshallbedirectedtothemailingaddress,emailaddressorfacsimilenumberassuchDirectorshalldesignatebynoticetotheCompany.Neitherthebusinesstobetransactedat,northepurposeof,anyregularorspecialmeetingoftheBoardneedbespecifiedinthenoticeofsuchmeeting,exceptforamendmentstothisAgreement,asprovidedherein.

(c)AttendanceofaDirectoratameetingshallconstitutewaiverofnoticeofsuchmeeting,exceptwheresuchDirectorattendsthemeetingfortheexpresspurposeofobjectingtothetransactionofbusinessonthegroundthatthemeetingisnotlawfullycalledorconvened.AmeetingmaybeheldatanytimewithoutnoticeifalltheDirectorsarepresentorifthosenotpresentwaivenoticeofthemeetingeitherbeforeoraftersuchmeeting.

SECTION7.5ActionByConsentofBoardorCommitteeofBoard.

TotheextentpermittedbyApplicableLaw,theBoard,oranycommitteeoftheBoard,mayactwithoutameetingsolongasawrittenconsentwithrespecttoanyactiontakeninlieuofameeting(“Consent ”)issignedbyatleastasmanymembersoftheBoardorthecommitteethereofaswouldhavebeenrequiredtotakesuchactionatameetingoftheBoardorsuchcommitteeatwhichallmembersoftheBoardorsuchcommitteearepresent,provided however ,that,forsolongasArcLightEnergyPartnersFundV,L.P.oranAffiliatethereof(“ArcLight ”)controlstheCompanyandatleastone(1)Boardmember(otherthananyIndependentDirector)isappointedbyArcLight,includingthroughitsrightasaClassAMemberunderSection7.1(a),saidConsentmustincludethesignatureofatleastone(1)suchArcLightBoardmember.

SECTION7.6ConferenceTelephoneMeetings.

DirectorsormembersofanycommitteeoftheBoardmayparticipateinameetingoftheBoardorsuchcommitteebymeansofconferencetelephone,videoconferenceorsimilarcommunicationsequipmentbymeansofwhichallpersonsparticipatinginthemeetingcanheareachother,andsuchparticipationinameetingshallconstitutepresenceinpersonatsuchmeeting.

SECTION7.7Quorum.

AmajorityofallDirectors(ormembersofacommitteeoftheBoard),presentinpersonorparticipatinginaccordancewithSection7.6,shallconstituteaquorumforthetransactionofbusinessoftheBoard(orcommitteethereof),butifatanymeetingoftheBoard(orcommitteethereof)thereshallbelessthanaquorumpresent,amajorityoftheDirectors(ormembersofacommitteethereof)presentmayadjournthemeetingfromtimetotimewithoutfurthernotice.ExceptasotherwiserequiredbyApplicableLaw,alldecisionsoftheBoard,oranycommitteeoftheBoard,shallrequiretheaffirmativevoteofamajorityofallDirectorsoftheBoard,oranycommitteeoftheBoard,respectively.TheDirectors(ormembersofacommitteeoftheBoard)presentatameetingatwhichaquorumispresentmaycontinuetotransactbusinessuntiladjournment,notwithstandingthewithdrawalofenoughDirectors(ormembersofsuchcommittee)toleavelessthanaquorum.

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SECTION7.8Vacancies;IncreasesintheNumberofDirectors.

VacanciesandnewlycreateddirectorshipsresultingfromanyincreaseinthenumberofDirectorsshallbefilledbytheindividualsapprovedbytheClassAMembersholdingamajorityoftheClassAMembershipInterestsintheirsolediscretion;provided thatforsolongastheClassDMemberhastherighttoappointtheClassDDirectorsasprovidedinSection7.1,anyvacancycreatedbythedeath,resignationorremovalofaClassDDirectorshallbefilledbyanindividualappointedbytheClassDMemberandreasonablyacceptabletotheClassAMembers.EachDirectorshallholdofficeuntiltheearlierofthenextelection(or,withrespecttotheClassDDirectors,appointment)orthedeathorresignationofsuchDirector,unlesssoonerremovedinaccordancewithSection7.10.

SECTION7.9Committees.Inadditiontothestandingcommitteesreferencedbelow,theBoardmayestablishothercommitteesoftheBoardandmaydelegateanyofitsresponsibilitiestosuchothercommittees,exceptasprohibitedbyApplicableLaw.

(a)ThemembershipandchairsofeachcommitteeshallbeappointedbytheBoard.TheBoardshallalsomakealldeterminationsregardingcommitteemembershipqualifications,providedthemembersoftheConflictsCommitteeshallatleastsatisfythequalificationsthereofspecifiedinthePartnershipAgreement.

(b)TheBoardshallhaveanAuditCommitteeinaccordancewiththerulesoftheNYSE(orsuchotherNationalSecuritiesExchangeorquotationserviceonwhichtheCommonUnitsmaybelisted),asamendedfromtimetotime.

(c)TheBoardmayhaveaConflictsCommitteethatshallfunctioninthemannerdescribedinthePartnershipAgreement.NotwithstandinganyprovisionofthisAgreement,thePartnershipAgreementoranyGroupMemberAgreementoranyduty(includinganyfiduciaryduty)otherwiseexistingundertheActoranyotherApplicableLaworinequity,anymatterapprovedbytheConflictsCommitteeinaccordancewiththeprovisions,andsubjecttothelimitations,ofthePartnershipAgreement,shallnotbedeemedtobeabreachofanyduty(includinganyfiduciaryduty)owedbytheBoardoranyDirectortotheCompanyortheMembersoranyotherPersonboundbythisAgreement.

(d)Amajorityofanycommittee,presentinpersonorparticipatinginaccordancewithSection7.6,shallconstituteaquorumforthetransactionofbusinessofsuchcommittee.

(e)AmajorityofanycommitteemaydetermineitsactionandfixthetimeandplaceofitsmeetingsunlesstheBoardshallotherwiseprovide.NoticeofsuchmeetingsshallbegiventoeachmemberofthecommitteeinthemannerprovidedforinSection7.4.TheBoardshallhavethepoweratanytimetofillvacanciesin,tochangethemembershipof,ortodissolveanysuchcommittee.

(f)TheDirectorsoftheCompanysittingoneachcommitteeasofthedatehereofarelistedonExhibitB.

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SECTION7.10Removal.

AnyDirectorthatisnotaClassDDirectormayberemovedatanytime,withorwithoutcause,bytheClassAMembers;provided ,however ,thatanysuchremovalshallbewithoutprejudicewithrespecttoanycontractualrightsofanyPersonsoremoved.AClassDDirectormayberemovedatanytime(a)withorwithoutcause,byClassDMemberand(b)withcause(whichshallinclude,fortheavoidanceofdoubt,abreachofSection3.1(e)(iv)),bytheClassAMembers;provided ,however ,that(i)anysuchremovalshallbewithoutprejudicewithrespecttoanycontractualrightsofanyPersonsoremovedand(ii)anyvacancycreatedbysuchremovalshallbefilledbyanindividualappointedbyClassDMemberandreasonablyacceptabletotheClassAMembers.

SECTION7.11CompensationofDirectors.

ExceptasexpresslyprovidedinanywrittenagreementbetweentheCompanyandaDirectororbyresolutionoftheBoard,noDirectorshallreceiveanycompensationfromtheCompanyforservicesprovidedtotheCompanyinitscapacityasaDirector,exceptthateachDirectorshallbecompensatedforattendanceatBoardmeetingsatratesofcompensationasfromtimetotimeestablishedbytheBoardoracommitteethereof;provided ,however ,thatDirectorswhoarealsoemployeesoftheCompanyoranyAffiliatethereofshallreceivenocompensationfortheirservicesasDirectorsorcommitteemembers.Inaddition,theDirectorswhoarenotemployeesoftheCompanyoranyAffiliatethereofshallbeentitledtobereimbursedforout-of-pocketcostsandexpensesincurredinconnectionwithattendingmeetingsoftheBoardorcommitteesthereof.

SECTION7.12ResponsibilityandAuthorityoftheBoard;DirectorStandardsofConduct.

(a)TheBoardmayexerciseonlysuchpowersoftheCompanyanddosuchactsandthingsasareexpresslyauthorizedbythisAgreement,thePartnershipAgreementoranyGroupMemberAgreement.Notwithstandinganyduty(includinganyfiduciaryduty)otherwiseexistingundertheActoranyotherApplicableLaworinequity,anymatterapprovedbytheBoardinaccordancewiththeprovisions,andsubjecttothelimitations,ofthisAgreement,thePartnershipAgreementoranyGroupMemberAgreementshallnotbedeemedtobeabreachofanydutiesowedbytheBoardoranyDirectortotheCompanyortheMembers.

(b)WhenevertheDirectors(intheirrespectivecapacitiesassuch)makeadeterminationorcausetheCompanytotakeordeclinetotakeanyactionrelatingtothemanagementandcontrolofthebusinessandaffairsofthePartnershipGroupforwhichtheCompanyortheDirectorsarerequiredtoactinaccordancewithaparticularstandardunderthePartnershipAgreementoranyGroupMemberAgreement,asapplicable,thentheDirectorsshallmakesuchdeterminationorcausetheCompanytotakeordeclinetotakesuchactioninaccordancewithsuchstandardand,tothefullestextentpermittedbyApplicableLaw,shallnotbesubjecttoanyotherordifferentstandardsorduties(includingfiduciaryduties)imposedbythisAgreement,thePartnershipAgreement,anyGroupMemberAgreement,anyotheragreementcontemplatedherebyorthereby,orundertheActoranyotherApplicableLaworinequity.

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(c)TotheextentthattheDirectors(intheirrespectivecapacitiesassuch)makeadeterminationorcausetheCompanytotakeordeclinetotakeanyactioninanycircumstancenotdescribedinSection7.12(b),then,unlessanotherexpressstandardisprovidedforinthisAgreement,thePartnershipAgreement,anyGroupMemberAgreementoranyotheragreementcontemplatedherebyorthereby,theDirectorsshallmakesuchdeterminationorcausetheCompanytotakeordeclinetotakesuchactioninthesubjectivebeliefthatthedeterminationoractionisinthebestinterestoftheMembersand,tothefullestextentpermittedbyApplicableLaw,shallnototherwisebesubjecttoanyotherordifferentstandardsorduties(includingfiduciaryduties)imposedbythisAgreement,thePartnershipAgreement,anyGroupMemberAgreement,anyotheragreementcontemplatedherebyorthereby,orundertheActoranyotherApplicableLaworinequity.

(d)TheClassDDirectorsshallbesubjecttotherequirementsandrestrictionsapplicabletotheClassDMembersetforthinSection3.4withrespecttothedistributionofanyinformationorcopiesoftheCompany’sbooksorrecordsthatarereceivedbytheClassDDirectorsintheircapacityasDirectors.

SECTION7.13OtherBusinessofMembers,DirectorsandAffiliates.

(a)TheMembers,eachDirectorandtheirrespectiveAffiliates(otherthananyGroupMember)mayengageinorpossessaninterestinotherbusinessventuresofanynatureordescription,independentlyorwithothers,similarordissimilartothebusinessoftheCompanyorthePartnershipGroup,andtheCompany,thePartnershipGroup,theDirectorsandtheMembersshallhavenorightsbyvirtueofthisAgreementinandtosuchindependentventuresortheincomeorprofitsderivedtherefrom,andthepursuitofanysuchventure,evenifcompetitivewiththebusinessoftheCompanyorthePartnershipGroup,shallnotbedeemedwrongfulorimproper,notwithstandinganyotherprovisionofthisAgreementoranydutyotherwiseexistingundertheActoranyotherApplicableLaworinequity.

(b)NoneoftheMembers,theDirectorsoranyoftheirrespectiveAffiliates(otherthananyGroupMember)whoacquiresknowledgeofapotentialtransaction,agreement,arrangementorothermatterthatmaybeanopportunityfortheCompanyoranyGroupMembershallhaveanydutytocommunicateoroffersuchopportunitytotheCompanyoranyGroupMember,andsuchPersonsshallnotbeliabletotheCompanyortheMembersforbreachofanydutybyreasonofthefactthatsuchPersonpursuesoracquiresforitself,directssuchopportunitytoanotherPersonordoesnotcommunicatesuchopportunityorinformationtotheCompanyoranyGroupMember;provided,suchMember,DirectororAffiliatedoesnotengageinsuchbusinessoractivityusingconfidentialorproprietaryinformationprovidedbyoronbehalfofthePartnershiporanyGroupMembertosuchPerson.

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SECTION7.14ApprovalofCertainRelatedPartyTransactions.ExceptasotherwiseprovidedelsewhereinthisAgreement,including,fortheavoidanceofdoubt,Section3.1andSection4.2,anytransactionorseriesoftransactions(includinganyissuancesofsecuritiesorborrowings)betweenaClassAMemberoritsAffiliates,ontheonehand,andtheCompany,ontheotherhand,shallbeenteredintoonarm’slengthtermsunlesssuchtransactionisapprovedbynotlessthanamajorityoftheIndependentCommittee.

ARTICLE VIII

OFFICERS; CHAIRMAN OF THE BOARD

SECTION8.1AppointedOfficers.

(a)TheofficersoftheCompany(each,an“Officer ”and,collectively,the“Officers ”)mayconsistofaChiefExecutiveOfficer,aPresident,oneormoreVicePresidents,aChiefFinancialOfficer,aGeneralCounsel,aSecretaryandsuchotherOfficersastheBoardmayelectorappointfromtimetotime.Officersarenot“managers”asthattermisusedintheAct.AnynumberofOfficerpositionsoftheCompanymaybeheldbythesameperson.TheBoardmayalsoelectorappointfromamongtheDirectorsapersontoactasChairmanoftheBoard,whoshallnotbedeemedanOfficerunlessheorshehasotherwisebeenelectedorappointedassuch.EachOfficershallserveuntilhisorhersuccessorisdulyelectedandqualified(orhisorherearlierdeath,resignationorremovalfromoffice).AnyOfficermayresignatanytimebydeliveringhisorherwrittenresignationtotheBoard.

(b)OfficerselectedbytheBoardshalleachhavesuchpowersanddutiesasgenerallypertaintotheirrespectiveoffices,subjecttothespecificprovisionsofthisArticleVIII.TheBoardmayfromtimetotimeelectsuchotherOfficersorappointsuchagentsasmaybenecessaryordesirablefortheconductofthebusinessoftheCompany.SuchotherOfficersandagentsshallhavesuchauthorityandresponsibilitiesandshallholdtheirofficesforsuchtermsasshallbeprovidedinthisAgreementorasmaybeprescribedbytheBoard(or,withrespecttomattersthatdonotrelatetothemanagementandcontrolofthebusinessandaffairsofthePartnershipGroup,asexpresslyauthorizedbymembersholdingamajorityoftheClassAMembershipInterestspursuanttoSection6.4(a))fromtimetotime.

SECTION8.2ChairmanoftheBoard.

TheChairmanoftheBoardshallpreside,ifpresent,atallmeetingsoftheBoardandofthelimitedpartnersofthePartnershipandshallperformsuchadditionalfunctionsanddutiesastheBoardmayprescribefromtimetotime.

SECTION8.3ChiefExecutiveOfficer.

TheChiefExecutiveOfficer,whomayalsobetheChairmanoftheBoardand/orthePresident,shallhavegeneralsupervisionandcontroloftheaffairs,business,operationsandpropertiesoftheCompanyand,subjecttothecontroloftheBoard,shallseethatallordersandresolutionsoftheBoardandtheMembersarecarriedintoeffect.TheChiefExecutiveOfficershallhavethepowertoappointandremoveallsubordinateofficersandagentsoftheCompanytotheextentsuchsubordinateofficersandagentshavenotbeenappointedbytheBoard.TheChiefExecutiveOfficermaysigndeeds,mortgages,bonds,contractsorotherinstruments,

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exceptincaseswherethesigningandexecutionthereofshallbeexpresslydelegatedbytheBoardorbythisAgreementtoanotherOfficeroragentoftheCompany,orshallberequiredbyApplicableLawtobeotherwisesignedandexecuted.TheChiefExecutiveOfficershallalsoperformalldutiesandhaveallpowersincidenttotheofficeofChiefExecutiveOfficerandperformsuchotherdutiesandmayexercisesuchotherpowersasmaybeassignedbythisAgreementorprescribedbytheBoardfromtimetotime.

SECTION8.4President.

ThePresidentshall,subjecttothecontroloftheBoardandtheChiefExecutiveOfficer,ingeneral,superviseandcontrolallofthebusinessandaffairsoftheCompany.ThePresidentshallpresideatallmeetingsoftheMembers.ThePresidentmaysigndeeds,mortgages,bonds,contractsorotherinstruments,exceptincaseswherethesigningandexecutionthereofshallbeexpresslydelegatedbytheBoardorbythisAgreementtoanotherOfficeroragentoftheCompany,orshallberequiredbyApplicableLawtobeotherwisesignedandexecuted.ThePresidentshallalsoperformalldutiesandhaveallpowersincidenttotheofficeofPresidentandperformsuchotherdutiesandmayexercisesuchotherpowersasmaybedelegatedbytheChiefExecutiveOfficerorasmaybeprescribedbytheBoardfromtimetotime.

SECTION8.5ChiefFinancialOfficer.

TheChiefFinancialOfficershallperformalldutiesandhaveallpowersincidenttotheofficeoftheChiefFinancialOfficerand,subjecttothecontroloftheBoardandtheauthorityoftheChiefExecutiveOfficerand/orthePresident,ingeneralhaveoverallsupervisionofthefinancialaffairsoftheCompany.TheChiefFinancialOfficershallreceiveanddepositallmoneysandothervaluablesbelongingtotheCompanyinthenameandtothecreditoftheCompanyandshalldisbursethesameandonlyinsuchmannerastheBoardortheappropriateOfficer,asapplicable,mayfromtimetotimedetermine.TheChiefFinancialOfficershallrendertotheBoard,theMembers(foranypurposereasonablyrelatedtotheirinterestsasMembers),theChiefExecutiveOfficerandthePresident,wheneveranyofthemsorequest,anaccountofallofhisorhertransactionsasChiefFinancialOfficerandofthefinancialconditionoftheCompany,andshallperformsuchotherdutiesandmayexercisesuchotherpowersasmaybedelegatedbytheChiefExecutiveOfficerorthePresidentorasmaybeprescribedbytheBoardfromtimetotime.

SECTION8.6ChiefOperatingOfficer.

TheChiefOperatingOfficeroftheCompanyshallassisttheChiefExecutiveOfficerintheadministrationandoperationoftheCompany’sbusinessandgeneralsupervisionofitspoliciesandaffairs.TheChiefOperatingOfficershallreporttotheChairmanoftheBoardexcepttotheextentthelatterdeterminesotherwise.

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SECTION8.7VicePresidents.

AnyExecutiveVicePresident,SeniorVicePresidentandVicePresident,intheorderofseniority,unlessotherwisedeterminedbytheBoard,shall,intheabsenceordisabilityofthePresident,performthedutiesandexercisethepowersofthePresident.SuchVicePresidentsshall,subjecttothecontroloftheBoardandtheauthorityoftheChiefExecutiveOfficerand/orthePresident,alsoperformtheusualandcustomarydutiesandhavethepowersthatpertaintosuchofficeandgenerallyassistthePresidentbyexecutingcontractsandexercisingsuchotherpowersandperformingsuchotherdutiesasaredelegatedtothembytheChiefExecutiveOfficerorthePresidentorasmaybeprescribedbytheBoardfromtimetotime.

SECTION8.8Treasurer.

(a)TheTreasurershallexercisegeneralsupervisionoverthereceipt,custodyanddisbursementofcompanyfunds.TheTreasurershall,ingeneral,performalldutiesincidenttotheofficeofTreasurerandshallhavesuchfurtherpowersanddutiesandshallbesubjecttosuchdirectionsasmaybegrantedorimposedfromtimetotimebytheChairmanoftheBoard.

(b)AssistantTreasurersshallhavesuchoftheauthorityandperformsuchofthedutiesoftheTreasurerasmaybeprovidedinthisAgreementorassignedtothembytheChairmanofBoardortheTreasurer.AssistantTreasurersshallassisttheTreasurerintheperformanceofthedutiesassignedtotheTreasurerand,inassistingtheTreasurer,eachAssistantTreasurershallforsuchpurposehavethepowersoftheTreasurer.DuringtheTreasurer’sabsenceorinability,theTreasurer’sauthorityanddutiesshallbepossessedbysuchAssistantTreasurerorAssistantTreasurersastheChairmanoftheBoardmaydesignate.

SECTION8.9Secretary.

(a)TheSecretaryshallkeeporcausetobekept,inoneormorebooksprovidedforthatpurpose,theminutesofallmeetingsoftheBoard,thecommitteesoftheBoard,theMembersandthelimitedpartnersofthePartnership.TheSecretaryshallseethatallnoticesaredulygiveninaccordancewiththeprovisionsofthisAgreementorthePartnershipAgreementoranyotherGroupMemberAgreement,asapplicable,andasrequiredbyApplicableLaw,shallbecustodianoftherecordsandthesealoftheCompany(ifany)andaffixandattesttheseal(ifany)toalldocumentstobeexecutedonbehalfoftheCompanyunderitsseal,shallseethatthebooks,reports,statements,certificatesandotherdocumentsandrecordsrequiredbyApplicableLawtobekeptandfiledareproperlykeptandfiledandingeneralshallperformalldutiesandhaveallpowersincidenttotheofficeofSecretaryandperformsuchotherdutiesandmayexercisesuchotherpowersasmaybedelegatedbytheChiefExecutiveOfficerorthePresidentorasmaybeprescribedbytheBoardfromtimetotime.

(b)AssistantSecretariesshallhavesuchoftheauthorityandperformsuchofthedutiesoftheSecretaryasmaybeprovidedinthisAgreementorassignedtothembytheChairmanoftheBoardortheSecretary.AssistantSecretariesshallassisttheSecretaryintheperformanceofthedutiesassignedtotheSecretary,andinassistingtheSecretary,eachAssistantSecretaryshallforsuchpurposehavethepowersoftheSecretary.DuringtheSecretary’sabsenceorinability,theSecretary’sauthorityanddutiesshallbepossessedbysuchAssistantSecretaryorAssistantSecretariesastheChairmanoftheBoardmaydesignate.

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SECTION8.10GeneralCounsel.

TheGeneralCounselshallbetheprincipallegalOfficeroftheCompany.TheGeneralCounselshall,subjecttothecontroloftheBoard,havegeneraldirectionofandsupervisionoverthelegalaffairsoftheCompanyandshalladvisetheBoardortheMembers,asapplicable,andtheOfficersonalllegalmattersrelatingtotheCompany.TheGeneralCounselshallperformsuchotherdutiesandmayexercisesuchotherpowersasmaybedelegatedbytheChiefExecutiveOfficerorthePresidentorasmaybeprescribedbytheBoardfromtimetotime.

SECTION8.11ResponsibilityandAuthorityofOfficers;OfficerStandardsofConduct.

(a)TheOfficersmayexerciseonlysuchpowersoftheCompanyanddosuchactsandthingsasareexpresslyauthorizedbythisAgreement,thePartnershipAgreementoranyGroupMemberAgreementordelegatedtothembytheBoardinaccordancewiththisAgreement.Notwithstandinganyduty(includinganyfiduciaryduty)otherwiseexistingundertheActoranyotherApplicableLaworinequity,anymatterapprovedbytheBoardinaccordancewiththeprovisions,andsubjecttothelimitations,ofthisAgreement,thePartnershipAgreementoranyGroupMemberAgreementshallnotbedeemedtobeabreachofanydutiesowedbyanyOfficertotheCompanyortheMembers.

(b)WhenevertheOfficers(intheirrespectivecapacitiesassuch)makeadeterminationorcausetheCompanytotakeordeclinetotakeanyactionrelatingtothemanagementandcontrolofthebusinessandaffairsofthePartnershipGroupforwhichtheCompanyortheOfficersarerequiredtoactinaccordancewithaparticularstandardunderthePartnershipAgreementoranyGroupMemberAgreement,asapplicable,thentheOfficersshallmakesuchdeterminationorcausetheCompanytotakeordeclinetotakesuchactioninaccordancewithsuchstandardand,tothefullestextentpermittedbyApplicableLaw,shallnotbesubjecttoanyotherordifferentstandardsorduties(includingfiduciaryduties)imposedbythisAgreement,thePartnershipAgreement,anyGroupMemberAgreement,anyotheragreementcontemplatedherebyorthereby,orundertheActoranyotherApplicableLaworinequity.

(c)TotheextentthattheOfficers(intheirrespectivecapacitiesassuch)makeadeterminationorcausetheCompanytotakeordeclinetotakeanyactioninanycircumstancenotdescribedinSection8.11(b),then,unlessanotherexpressstandardisprovidedforinthisAgreement,thePartnershipAgreement,anyGroupMemberAgreementoranyotheragreementcontemplatedherebyorthereby,theOfficersshallmakesuchdeterminationorcausetheCompanytotakeordeclinetotakesuchactioninthesubjectivebeliefthatthedeterminationoractionisnotadversetothebestinterestoftheMembersand,tothefullestextentpermittedbyApplicableLaw,shallnototherwisebesubjecttoanyotherordifferentstandardsorduties(includingfiduciaryduties)imposedbythisAgreement,thePartnershipAgreement,anyGroupMemberAgreement,anyotheragreementcontemplatedherebyorthereby,orundertheActoranyotherApplicableLaworinequity.

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SECTION8.12RemovalandVacancies.

AnyOfficermayberemovedatanytime,withorwithoutcause,bytheBoard.VacanciesandnewlycreatedOfficerpositionsshallbefilledbytheBoard.AnyOfficerappointedtofillanyvacancyshallholdofficeuntilhisorhersuccessorshallbedulyelectedandqualified(orhisorherearlierdeath,resignationorremovalfromoffice).

ARTICLE IX

MEMBER MEETINGS

SECTION9.1Meetings.

ExceptasotherwiseprovidedinthisAgreement,allactsoftheMemberstobetakenhereundershallbetakeninthemannerprovidedinthisArticleIX.SpecialmeetingsoftheClassAMembersmaybecalledbyanyClassAMember.AClassAMembershallcallameetingbydeliveringtotheotherClassAMembersoneormorerequestsinwritingstatingthatthesigningClassAMemberwishestocallameetingandindicatingthegeneralorspecificpurposesforwhichthemeetingistobecalled.

SECTION9.2NoticeofaMeeting.

NoticeofameetingcalledpursuanttoSection9.1shallbegiventotheClassAMembersinwritingbymailorothermeansofwrittencommunicationinaccordancewithSection15.2.Thenoticeshallbedeemedtohavebeengivenatthetimewhendepositedinthemailorsentbyothermeansofwrittencommunication.

AttendanceofaClassAMemberatameetingshallconstituteawaiverofnoticeofsuchmeeting,exceptwhereaClassAMemberattendsthemeetingfortheexpresspurposeofobjectingtothetransactionofanybusinessonthegroundthatthemeetingisnotlawfullycalledorconvened.

SECTION9.3ActionbyConsentofMembers.

ExceptasotherwiserequiredbyApplicableLaworotherwiseprovidedinthisAgreement,alldecisionsoftheClassAMembersshallrequiretheaffirmativevoteoftheClassAMembersowningamajorityoftheClassAMembershipInterestpresentatameetingatwhichaquorumispresentinaccordancewithSection9.5.TotheextentpermittedbyApplicableLaw,theMembersmayactwithoutameetingandwithoutnoticesolongasthenumberofMemberswhohavetheClassAPercentageInterestthatwouldberequiredtotakesuchactionatadulyheldmeetingshallhaveexecutedawrittenconsentwithrespecttoanysuchactiontakeninlieuofameeting.

SECTION9.4TelephonicMeetings.

AnyClassAMembermayparticipateinameetingoftheClassAMembersbymeansofconferencetelephoneorothercommunicationsequipmentthatpermitsallpersonsparticipatinginthemeetingtoheareachother,andparticipationofanyClassAMemberinameetingbysuchmeanswillconstitutethepresenceinpersonofthatClassAMemberatsuchmeeting.

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SECTION9.5Quorum.

TheClassAMembersowningamajorityoftheClassAMembershipInterest,presentinpersonorparticipatinginaccordancewithSection9.4,shallconstituteaquorumforthetransactionofbusiness;provided, however ,that,ifatanymeetingoftheClassAMembersthereshallbelessthanaquorumpresent,amajorityoftheClassAMemberspresentmayadjournthemeetingfromtimetotimewithoutfurthernotice.TheClassAMemberspresentatadulyorganizedmeetingmaycontinuetotransactbusinessuntiladjournment,notwithstandingthewithdrawalofenoughClassAMemberstoleavelessthanaquorum.

SECTION9.6MemberVote.

UnlessaprovisionofthisAgreementspecificallyprovidesotherwise,anyprovisionofthisAgreementrequiringtheauthorizationof,oractiontakenby,theMembersshallrequiretheapprovalofmembersholdingamajorityoftheClassAMembershipInterestsidentifiedonExhibitA.

SECTION9.7IntheEventofaSoleMember.

NotwithstandinganyotherprovisionofthisAgreement,atanytimeatwhichthereisonlyasingleMemberoftheCompany,anyprovisionhereinthatrequiresaMembertomakeadeliveryto,ortoobtaintheconsentof,theotherMembersoftheCompanyshallbedisregardeduntilsuchtimeasanadditionalPersonisadmittedasaMemberoftheCompany.

SECTION9.8MeetingsofClassCMembersandClassDMember.IntheeventthatanyprovisionofthisAgreementrequirestheauthorizationof,oractiontakenby,theClassCMembersortheClassDMember,then(i)totheextentpermittedbyApplicableLaw,suchauthorizationoractioncanbemadebywrittenconsentoftheapplicableClassCMembersorClassDMember,or(ii)ifrequestedbytheClassCMembersorClassDMember,asapplicable,suchauthorizationoractioncanbetakenatameetingoftheClassCMembersorClassDMember,dulycalledbytheOfficersoftheCompany.AnymeetingoftheClassCMembersorClassDMember,asapplicable,shallbeheldinaccordancewiththeproceduresofthisArticleIXasifthereferencestoClassAMemberswastoClassCMembersorClassDMember,asapplicable.

ARTICLE X

OUTSIDE ACTIVITIES AND INDEMNIFICATION OF DIRECTORS,OFFICERS, EMPLOYEES AND AGENTS

SECTION10.1OutsideActivities.

(a)Itshallbedeemednottobeabreachofanyduty(includinganyfiduciaryduty)existinghereunder,atlaw,inequityorotherwise,oranyotherobligationofanytypewhatsoeverof(i)anyDirectororOfficer,orAffiliatesofsuchDirectororOfficer,toengageinoutsidebusinessinterestsandactivitiesinpreferencetoortotheexclusionoftheCompanyorindirectcompetitionwiththeCompany;provided thatsuchAffiliatedoesnotengageinsuch

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businessoractivityasaresultoforusingconfidentialorproprietaryinformationprovidedbyoronbehalfoftheCompanytosuchDirectoror(ii)anyDirector,OfficerorotheremployeeoftheCompanytobeadirector,manager,Officer,employeeorconsultantofanyAffiliateorMemberoranyAffiliateofanyMemberoftheCompany;provided thattheBoardisadvisedofsuchotherrelationshipanddoesnotobjectthereto;andfurther ,provided ,thatsuchOfficeroremployeedoesnotengageinsuchbusinessoractivityasaresultoforusingconfidentialorproprietaryinformationprovidedbyoronbehalfoftheCompanytosuchPerson.

(b)Exceptasmayberestrictedbyanyotheragreement,eachMembershallhavetherighttoengageinbusinessesofeverytypeanddescriptionandotheractivitiesforprofitandtoengageinandpossessaninterestinotherbusinessventuresofanyandeverytypeordescription,whetherinbusinessesengagedinoranticipatedtobeengagedinbyanyMember,independentlyorwithothers,includingbusinessinterestsandactivitiesindirectcompetitionwiththebusinessandactivitiesoftheCompanyoritssubsidiaries,andnoneofthesameshallconstituteabreachofthisAgreementoranydutyexpressedorimpliedbylaworequitytotheCompanyoritssubsidiariesoranyMember.NoneoftheCompany,itssubsidiaries,anyMemberoranyotherPersonshallhaveanyrightsbyvirtueofthisAgreement,ortherelationshipestablishedherebyinanybusinessventuresofanyMember.NotwithstandinganythingtothecontraryinthisAgreementoranydutyexistingatlaw,inequityorotherwise,(i)theengagingincompetitiveactivitiesbyanyMemberinaccordancewiththeprovisionsofthisSection10.1(b)isherebyapprovedbytheBoardandallMembers,(ii)itshallbedeemednottobeabreachofanyfiduciarydutyoranyotherobligationofanytypewhatsoeverofanyMemberfortheMemberstoengageinsuchbusinessinterestsandactivitiesinpreferencetoortotheexclusionoftheCompanyand(iii)theMembersshallhavenoobligationhereunderorasaresultofanydutyexpressedorimpliedbylawtopresentbusinessopportunitiestotheCompany;provided ,however ,thatsuchMemberdoesnotengageinsuchbusinessoractivityasaresultoforusingconfidentialorproprietaryinformationprovidedbyoronbehalfoftheCompanytosuchMember.

(c)NotwithstandinganythingtothecontraryinthisAgreement,butsubjecttothetermsofanyotheragreementtowhichapartymaybesubject,thedoctrineofcorporateopportunity,oranyanalogousdoctrine,shallnotapplytoanyMember,DirectororOfficer.NoMember,DirectororOfficerwhoacquiresknowledgeofapotentialtransaction,agreement,arrangementorothermatterthatmaybeanopportunityfortheCompanyshallhaveanydutytocommunicateoroffersuchopportunitytotheCompany,andsuchMember,DirectororOfficershallnotbeliabletotheCompanyoranyofitssubsidiaries,anyMemberoranyotherPersonforbreachofanyfiduciaryorotherdutybyreasonofthefactthatsuchMember,DirectororOfficerpursuesoracquiresforitself,directssuchopportunitytoanotherPersonordoesnotcommunicatesuchopportunityorinformationtotheCompany;provided ,thatsuchMember,DirectororOfficerdoesnotengageinsuchbusinessoractivityasaresultoforusingconfidentialorproprietaryinformationprovidedbyoronbehalfoftheCompanytosuchMember,DirectororOfficer.

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(d)NoMemberorotherPersonsavetheCompanyshallhaveanyrightsbyvirtueofaDirector’sorOfficer’sdutiesasaDirectororOfficer,asthecasemaybe,underthisAgreement,anyGroupMemberAgreement,applicablelaworotherwiseinanybusinessventuresofanyDirectororOfficer,asthecasemaybe.

(e)NotwithstandinganythingtothecontraryinthisAgreement,totheextentthatanyprovisionsofthisSection10.1purportorareinterpretedtohavetheeffectofrestricting,eliminatingorotherwisemodifyingtheduties(includingfiduciaryduties)thatmightotherwise,asaresultofDelawareorotherApplicableLaw,beowedbytheDirectors,theOfficersoranyoftheirAffiliatestotheCompanyanditsMembers,ortoconstituteawaiverorconsentbytheMemberstoanysuchfiduciaryduty,suchprovisionsinthisSection10.1shallbedeemedtohavebeenapprovedbytheMembers,andtheMembersherebyagreethatsuchprovisionsshallreplaceoreliminatesuchduties.

SECTION10.2Indemnification.

(a)TothefullestextentpermittedbyApplicableLawbutsubjecttothelimitationsexpresslyprovidedinthisAgreement,allIndemniteesshallbeindemnifiedandheldharmlessbytheCompanyfromandagainstanyandalllosses,claims,damages,liabilities,jointorseveral,expenses(includinglegalfeesandexpenses),judgments,fines,penalties,interest,settlementsorotheramountsarisingfromanyandallthreatened,pendingorcompletedclaims,demands,actions,suitsorproceedings,whethercivil,criminal,administrativeorinvestigative,andwhetherformalorinformalandincludingappeals,inwhichanyIndemniteemaybeinvolved,oristhreatenedtobeinvolved,asapartyorotherwise,byreasonofitsstatusasanIndemniteeandacting(orrefrainingtoact)insuchcapacityonbehalfoforforthebenefitoftheCompany;provided, however ,thattheIndemniteeshallnotbeindemnifiedandheldharmlesspursuanttothisAgreementiftherehasbeenafinalandnon-appealablejudgmententeredbyacourtofcompetentjurisdictiondeterminingthat,inrespectofthematterforwhichtheIndemniteeisseekingindemnificationpursuanttothisAgreement,theIndemniteeactedinbadfaithorengagedinintentionalfraud,willfulmisconduct(includingawillfulbreachofthisAgreement)or,inthecaseofacriminalmatter,actedwithknowledgethattheIndemnitee’sconductwasunlawful.AnyindemnificationpursuanttothisSection10.2shallbemadeonlyoutoftheassetsoftheCompany,itbeingagreedthattheMembersshallnotbepersonallyliableforsuchindemnificationandshallhavenoobligationtocontributeorloananymoniesorpropertytotheCompanytoenableittoeffectuatesuchindemnification.

(b)TothefullestextentpermittedbyApplicableLaw,expenses(includinglegalfeesandexpenses)incurredbyanIndemniteewhoisindemnifiedpursuanttoSection10.2indefendinganyclaim,demand,action,suitorproceedingshall,fromtimetotime,beadvancedbytheCompanypriortoafinalandnon-appealablejudgmententeredbyacourtofcompetentjurisdictiondeterminingthat,inrespectofthematterforwhichtheIndemniteeisseekingindemnificationpursuanttothisSection10.2,theIndemniteeisnotentitledtobeindemnifieduponreceiptbytheCompanyofanyundertakingbyoronbehalfoftheIndemniteetorepaysuchamountifitshallbeultimatelydeterminedthattheIndemniteeisnotentitledtobeindemnifiedasauthorizedbythisSection10.2.

(c)TheindemnificationprovidedbythisSection10.2shallbeinadditiontoanyotherrightstowhichanIndemniteemaybeentitledunderanyagreement,asamatteroflaw,inequityorotherwise,bothastoactionsintheIndemnitee’scapacityasanIndemniteeandastoactionsinanyothercapacity,andshallcontinueastoanIndemniteewhohasceasedtoserveinsuchcapacityandshallinuretothebenefitoftheheirs,successors,assigns,executorsandadministratorsoftheIndemnitee.

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(d)TheCompanymaypurchaseandmaintain(orreimburseitsAffiliatesforthecostof)insuranceonbehalfoftheIndemnitees,theCompanyanditsAffiliatesandsuchotherPersonsastheCompanyshalldetermine,againstanyliabilitythatmaybeassertedagainst,orexpensethatmaybeincurredby,suchPersoninconnectionwiththeCompany’sactivitiesorsuchPerson’sactivitiesonbehalfoftheCompany,regardlessofwhethertheCompanywouldhavethepowertoindemnifysuchPersonagainstsuchliabilityundertheprovisionsofthisAgreement.

(e)ForpurposesofthisSection10.2,(i)theCompanyshallbedeemedtohaverequestedanIndemniteetoserveasfiduciaryofanemployeebenefitplanwhenevertheperformancebyitofitsdutiestotheCompanyalsoimposesdutieson,orotherwiseinvolvesservicesby,ittotheplanorparticipantsorbeneficiariesoftheplan;(ii)excisetaxesassessedonanIndemniteewithrespecttoanemployeebenefitplanpursuanttoapplicablelawshallconstitute“fines”withinthemeaningofSection10.2;and(iii)actiontakenoromittedbytheIndemniteewithrespecttoanyemployeebenefitplanintheperformanceofitsdutiesforapurposereasonablybelievedbyittobeinthebestinterestoftheparticipantsandbeneficiariesoftheplanshallbedeemedtobeforapurposethatisinthebestinterestsoftheCompany.

(f)InnoeventmayanIndemniteesubjecttheMemberstopersonalliabilitybyreasonoftheindemnificationprovisionssetforthinthisAgreement.

(g)AnIndemniteeshallnotbedeniedindemnificationinwholeorinpartunderthisSection10.2becausetheIndemniteehadaninterestinthetransactionwithrespecttowhichtheindemnificationappliesifthetransactionwasotherwisepermittedbythetermsofthisAgreement.

(h)TheprovisionsofthisSection10.2areforthebenefitoftheIndemnitees,theirheirs,successors,assigns,executorsandadministratorsandshallnotbedeemedtocreateanyrightsforthebenefitofanyotherPersons.

(i)Noamendment,modificationorrepealofthisSection10.2oranyprovisionhereofshallinanymannerterminate,reduceorimpairtherightofanypast,presentorfutureIndemniteetobeindemnifiedbytheCompany,northeobligationsoftheCompanytoindemnifyanysuchIndemniteeunderandinaccordancewiththeprovisionsofthisSection10.2asineffectimmediatelypriortosuchamendment,modificationorrepealwithrespecttoclaimsarisingfromorrelatingtomattersoccurring,inwholeorinpart,priortosuchamendment,modificationorrepeal,regardlessofwhensuchclaimsmayariseorbeasserted.

(j)TOTHEFULLESTEXTENTPERMITTEDBYAPPLICABLELAW,ANDSUBJECTTOSECTION10.2,THEPROVISIONSOFTHEINDEMNIFICATIONPROVIDEDINTHISSECTION10.2AREINTENDEDBYTHEPARTIESTOAPPLYEVENIFSUCHPROVISIONSHAVETHEEFFECTOFEXCULPATINGTHEINDEMNITEEFROMLEGALRESPONSIBILITYFORTHECONSEQUENCESOFSUCHPERSON’SNEGLIGENCE,FAULTOROTHERCONDUCT.

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SECTION10.3ExculpationofLiabilityofIndemnitees.

(a)NotwithstandinganythingtothecontrarysetforthinthisAgreement,thePartnershipAgreementoranyGroupMemberAgreement,noIndemniteeshallbeliableformonetarydamagestotheCompany,theMembersoranyotherPersonboundbythisAgreementforlossessustainedorliabilitiesincurredasaresultofanyactoromissionofanIndemniteeunlesstherehasbeenafinalandnon-appealablejudgmententeredbyacourtofcompetentjurisdictiondeterminingthat,withrespecttothematterinquestion,theIndemniteeactedinbadfaithorengagedinintentionalfraud,willfulmisconduct(includingawillfulbreachofthisAgreement)or,inthecaseofacriminalmatter,actedwithknowledgethattheIndemnitee’sconductwasunlawful.

(b)SubjecttoanylimitationssetforthinArticleVIandArticleVII,theBoardandanycommitteethereoformembersholdingamajorityoftheClassAMembershipInterests,asapplicable,mayexerciseanyofthepowersgrantedtoitorthembythisAgreementandperformanyofthedutiesimposeduponitorthemhereundereitherdirectlyorbyorthroughtheCompany’sOfficersoragents,andneithertheBoardnoranycommitteethereofnorsuchClassAMembersshallberesponsibleforanymisconductornegligenceonthepartofanysuchOfficeroragentappointedingoodfaithbytheBoard.

(c)NotwithstandinganydutyotherwiseexistingundertheActoranyotherApplicableLaworinequity,exceptasexpresslysetforthinthisAgreement,noMemberoranyotherIndemniteeshallhaveanyduties,includingfiduciaryduties,orliabilitiestotheCompanyoranyMemberoranyotherPersonboundbythisAgreement,andtheprovisionsofthisAgreement,totheextentthattheyrestrict,eliminateorotherwisemodifytheduties,includingfiduciaryduties,andliabilitiesoftheMembersoranyotherIndemniteeotherwiseexistingunderApplicableLaworinequity,areagreedbytheMembersandeachPersonboundbythisAgreementtoreplacesuchotherdutiesandliabilitiesoftheMembersandsuchotherIndemnitees.

(d)Anyamendment,modificationorrepealofthisSection10.3oranyprovisionhereofshallbeprospectiveonlyandshallnotinanywayaffectthelimitationsontheliabilityoftheIndemniteesunderthisSection10.3asineffectimmediatelypriortosuchamendment,modificationorrepealwithrespecttoclaimsarisingfromorrelatingtomattersoccurring,inwholeorinpart,priortosuchamendment,modificationorrepeal,regardlessofwhensuchclaimsmayariseorbeasserted.

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ARTICLE XI

TAXES

SECTION11.1TaxReturns.

TheTaxMattersMemberoftheCompanyshallprepareandtimelyfile,orcausetobepreparedandtimelyfiled,(onbehalfoftheCompany)allfederal,state,localandforeigntaxreturnsrequiredtobefiledbytheCompany.EachMembershallfurnishtotheCompanyallpertinentinformationinitspossessionrelatingtotheCompany’soperationsthatisnecessarytoenabletheCompany’staxreturnstobetimelypreparedandfiled.TheCompanyshallbearthecostsofthepreparationandfilingofitsreturns.

SECTION11.2TaxElections.

NeithertheCompanynoranyMembershallmakeanelectionfortheCompanytobeexcludedfromtheapplicationoftheprovisionsofsubchapterKofchapter1ofsubtitleAoftheCodeoranysimilarprovisionsofapplicablestate,localorforeignlawortobeclassifiedasotherthanapartnershippursuanttoTreasuryRegulationsSection301.7701-3andnoprovisionofthisAgreement(includingSection2.6)shallbeconstruedtosanctionorapprovesuchelections.

SECTION11.3TaxMattersMember.

HPIPshallbethe“taxmatterspartner”oftheCompanypursuanttoCodeSection6231(a)(7)andanalogousprovisionsofstatelawwithrespecttotaxyearsbeforeJanuary1,2018andthe“partnershiprepresentative”oftheCompanypursuanttoCodeSection6223(a)andanalogousprovisionsofstatelawwithrespecttotaxyearsbeginningonorafterJanuary1,2018(the“Tax Matters Member ”).AnycostorexpenseincurredbytheTaxMattersMemberinconnectionwithitsduties,includingthepreparationfororpursuanceofadministrativeorjudicialproceedings,shallbepaidbytheCompany.TheTaxMattersMembershalltakeallactionswithrespecttotaxes(including,butnotlimitedto,(a)making,changingorrevokingamaterialtaxelection,(b)takingasignificantpositioninanytaxreturn,(c)settlingorotherwiseresolvinganyauditorotherproceedingrelatingtotaxesand(d)extendingthestatuteoflimitationswithrespecttotaxes)initssolediscretion.TheprovisionsofthisSection11.3andanyelectionsmadebytheTaxMattersMemberpursuanttoitsauthorityunderthisSection11.3shallsurvivethetermination,dissolution,liquidationandwindingupoftheCompanyandtheterminationorTransferofaMember’sMembershipInterestandshallremainbindingoneachmemberfortheperiodoftimenecessarytoresolveanytaxproceedinginvolvingorrelatedtotheCompany.

ARTICLE XII

BOOKS, RECORDS, REPORTS, AND BANK ACCOUNTS

SECTION12.1MaintenanceofBooks.

(a)TheCompanyshallkeeporcausetobekeptattheprincipalofficeoftheCompanyoratsuchotherlocationapprovedbytheBoardcompleteandaccuratebooksandrecordsoftheCompany,supportingdocumentationofthetransactionswithrespecttotheconductoftheCompany’sbusiness,theminutesoftheproceedingsoftheBoardandtheMembers,andanyotherbooksandrecordsthatarerequiredtobemaintainedbyApplicableLaw.

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(b)ThebooksofaccountoftheCompanyshallbe(i)maintainedonthebasisofafiscalyearthatisthecalendaryear,(ii)maintainedonanaccrualbasisinaccordancewithGAAP,consistentlyappliedand(iii)auditedbytheRegisteredPublicAccountantsattheendofeachcalendaryear.

SECTION12.2Reports.

Withrespecttoeachcalendaryear,theCompanyshallprepare,orcausetobeprepared,anddeliver,orcausetobedelivered,toeachMember:

(a)Within120Daysaftertheendofsuchcalendaryear,aprofitandlossstatementandastatementofcashflowsforsuchyear,abalancesheetandastatementofeachMember’sCapitalAccountasoftheendofsuchyear,togetherwithareportthereonoftheRegisteredPublicAccountants;and

(b)Suchfederal,state,localandforeignincometaxreturnsandsuchotheraccounting,taxinformationandschedulesasshallbenecessaryforthepreparationbyeachMemberonorbeforeJune15followingtheendofeachcalendaryearofitsincometaxreturnwithrespecttosuchyear.

SECTION12.3BankAccounts.

FundsoftheCompanyshallbedepositedinsuchbanksorotherdepositoriesasshallbedesignatedfromtimetotimebytheBoardorbymembersholdingamajorityoftheClassAMembershipInterests.AllwithdrawalsfromanysuchdepositoryshallbemadeonlyasauthorizedbytheBoardormembersholdingamajorityoftheClassAMembershipInterests,asapplicable,andshallbemadeonlyforCompanypurposes(whichmayincludedistributionstotheMembersinaccordancewiththisAgreement)andonlybycheck,wiretransfer,debitmemorandumorotherwritteninstruction.

ARTICLE XII

IDISSOLUTION, WINDING-UP, TERMINATION AND CONVERSION

SECTION13.1Dissolution.

(a)TheCompanyshalldissolveanditsaffairsshallbewounduponthefirsttooccurofthefollowingevents(each,a“Dissolution Event ”):

(i)theunanimousconsentoftheClassAMembers;

(ii)entryofadecreeofjudicialdissolutionoftheCompanyunderSection18-802oftheAct;or

(iii)atanytimetherearenomembersoftheCompanyunlesstheCompanyiscontinuedinaccordancewiththeAct.

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(b)NoothereventshallcauseadissolutionoftheCompany.

(c)UpontheoccurrenceofanyeventthatcausestheretobenoMembersoftheCompany,tothefullestextentpermittedbyApplicableLaw,thepersonalrepresentativeofthelastremainingMemberisherebyauthorizedto,andshall,within90daysaftertheoccurrenceoftheeventthatterminatedthecontinuedmembershipofsuchMemberintheCompany,agreeinwriting(i)tocontinuetheCompanyand(ii)totheadmissionofthepersonalrepresentativeoritsnomineeordesignee,asthecasemaybe,asasubstituteMemberoftheCompany,effectiveasoftheoccurrenceoftheeventthatterminatedthecontinuedmembershipofsuchMemberintheCompany.

(d)NotwithstandinganyotherprovisionofthisAgreement,theBankruptcyofaMembershallnotcausesuchMembertoceasetobeamemberoftheCompanyand,upontheoccurrenceofsuchanevent,theCompanyshallcontinuewithoutdissolution.

SECTION13.2Winding-UpandTermination.

(a)OntheoccurrenceofaDissolutionEvent,theClassAMembersshallactasliquidatororselectaPersontoactasliquidator.TheliquidatorshallproceeddiligentlytowinduptheaffairsoftheCompanyandmakefinaldistributionsasprovidedhereinandintheAct.ThecostsofwindingupshallbeborneasaCompanyexpense.Untilfinaldistribution,theliquidatorshallcontinuetooperatetheCompanypropertieswithallofthepowerandauthorityoftheMembers.Thestepstobeaccomplishedbytheliquidatorareasfollows:

(i)aspromptlyaspossibleafterdissolutionandagainafterfinalwindingup,theliquidatorshallcauseaproperaccountingtobemadebyarecognizedfirmofcertifiedpublicaccountantsoftheCompany’sassets,liabilities,andoperationsthroughthelastDayofthemonthinwhichthedissolutionoccursorthefinalwindingupiscompleted,asapplicable;

(ii)subjecttotheAct,theliquidatorshalldischargefromCompanyfundsallofthedebts,liabilitiesandobligationsoftheCompany(includingallexpensesincurredinwindingup)orotherwisemakeadequateprovisionforpaymentandsatisfactionthereof(includingtheestablishmentofacashescrowfundforcontingent,conditionalandunmaturedliabilitiesinsuchamountandforsuchtermastheliquidatormayreasonablydetermine);and

(iii)allremainingassetsoftheCompanyshallbedistributedtotheMembersasfollows:

(A)theliquidatormaysellanyorallCompanyProperty,includingtoMembers,andanyresultinggainorlossfromeachsaleshallbecomputedandallocatedtotheCapitalAccountsoftheMembersinaccordancewiththeprovisionsofArticleV;

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(B)withrespecttoallCompanyPropertythathasnotbeensold,thefairmarketvalueofthatpropertyshallbedeterminedandtheCapitalAccountsoftheMembersshallbeadjustedtoreflectthemannerinwhichtheunrealizedincome,gain,loss,anddeductioninherentinpropertythathasnotbeenreflectedintheCapitalAccountspreviouslywouldbeallocatedamongtheMembersiftherewereataxabledispositionofthatpropertyforthefairmarketvalueofthatpropertyonthedateofdistribution;and

(C)CompanyProperty(includingcash)shallbedistributedtotheMembersinaccordancewithSection5.4.

(b)ThedistributionofcashorpropertytoaMemberinaccordancewiththeprovisionsofthisSection13.2constitutesacompletereturntotheMemberofitsCapitalContributionsandacompletedistributiontotheMemberofitsMembershipInterestandallocableshareofandalltheCompany’spropertyandconstitutesacompromisetowhichallMembershaveconsentedpursuanttoSection18-502(b)oftheAct.TotheextentthataMemberreturnsfundstotheCompany,suchMembershallhavenoclaimagainstanyotherMemberforthosefunds.

SECTION13.3DeficitCapitalAccounts.

NoMemberwillberequiredtopaytotheCompany,toanyotherMemberortoanythirdpartyanydeficitbalancethatmayexistfromtimetotimeinsuchMember’sCapitalAccount.

SECTION13.4CertificateofCancellation.

Oncompletionofthewinding-upoftheCompanyasprovidedhereinandundertheAct,theMembers(orsuchotherPersonorPersonsastheActmayrequireorpermit)shallfileacertificateofcancellationwiththeSecretaryofStateoftheStateofDelawareandtakesuchotheractionsasmaybenecessarytoterminatetheexistenceoftheCompany.Uponthefilingofsuchcertificateofcancellation,theexistenceoftheCompanyshallterminate,exceptasmaybeotherwiseprovidedbytheActorbyApplicableLaw.

Article XI

VTRANSFERS

SECTION14.1General.

AMembermaynotTransferalloranyportionofitsMembershipInterestsunlesssuchTransfercomplieswiththeprovisionsofthisArticleXIV.

SECTION14.2RequirementsApplicabletoAllTransfersandAdmissions.

InadditiontotheothertermsandconditionsofthisArticleXIV,anyTransferofMembershipInterestsandanyadmissionofaTransfereeasaMembershallbesubjecttothefollowingrequirements,andsuchTransfer(andadmission,ifapplicable)shallnotbeeffectiveunlesssuchrequirementsarecompliedwith;provided ,however ,thattheClassAMembers,intheirsoleandabsolutediscretion,maywaiveanyofthefollowingrequirements(otherthantherequirementsofSection14.2(a)):

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(a)ThefollowingdocumentsmustbedeliveredtotheClassAMembersandmustbesatisfactory,informandsubstance,totheClassAMembers:

(i)AcopyoftheinstrumentpursuanttowhichtheTransferiseffected.

(ii)WithrespecttoanyTransfer,aninstrument,executedbytheMembermakingtheTransfer(a“Transferor ”)anditsTransferee,containingthefollowinginformationandagreements,totheextenttheyarenotcontainedintheinstrumentdescribedinSection14.2(a)(i):(A)thenoticeaddressoftheTransferee;(B)thetotalamountandtheclassofMembershipInterests,includingtheSharingPercentageattributablethereto,ownedbytheTransfereeandtheTransferoraftertheTransfer(whichtogethermustbethesameasthetotalnumberandtheclassofMembershipInterests,andtheSharingPercentageattributablethereto,ownedbytheTransferorbeforetheTransfer);(C)theTransferee’sagreementtobeboundbythisAgreement;and(D)representationsandwarrantiesbytheTransferoranditsTransferee(1)thattheTransferandadmissionisbeingmadeinaccordancewithApplicableLaws,and(2)thatthematterssetforthinSection14.2(a)(i)andthisSection14.2(a)(ii)aretrueandcorrect.

(iii)WithrespecttoanyTransfer,suchopinionsofcounselregardingtaxandsecuritieslawmattersastheClassAMembers,intheirreasonablediscretion,mayrequire.

(b)TheTransferoranditsTransfereeshallpay,orreimbursetheCompanyfor,allreasonablecostsandexpensesincurredbytheCompanyinconnectionwiththeTransferandtheadmissionoftheTransfereeasaMember,includingthelegalfees,ifany,incurredinconnectionwiththelegalopinionsreferredtoinSection14.2(a)(iii);and

(c)NoTransferofMembershipInterestsshalleffectareleaseoftheTransferorfromanyliabilitiesoftheTransferortotheCompanyortheotherMembersarisingfromeventsoccurringpriortotheTransfer.

SECTION14.3Assignees.

UnlessadmittedasaMember,noTransferee,whetherbyavoluntaryTransfer,byoperationoflaworotherwise,shallhaveanyrightshereunder,otherthantherightsofanAssigneeasprovidedinthisSection14.3.AnAssigneeshallbeentitledtoalltherightsofanassigneeofaMember’sMembershipInterestundertheAct,includingtherighttoreceivedistributionsfromtheCompanyandtheSharingPercentageattributabletotheMembershipInterestsTransferredtosuchAssignee,andtherighttoTransfertheMembershipInterestsasprovidedinthisArticleXIV,butshallnotbedeemedtobeaholderofMembershipInterestsforanyotherpurposeunderthisAgreementandshallnotbeentitledtovoteorconsentwithrespecttosuchMembershipInterestsonanymatterpresentedtotheMembersforapproval(suchpowerandrighttosovoteandconsent,ifany,remainingwiththeTransferor).IntheeventanyAssigneedesirestofurtherTransferanyMembershipInterests,suchAssigneeshallbesubjecttoalltheprovisionsofthisArticleXIVtothesameextentandinthesamemannerasanyMemberdesiringtomakeaTransferofMembershipInterests.

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SECTION14.4GeneralProvisionsRelatingtoTransferofUnits.

(a)NoMembermaywithdrawfromtheCompany,otherthanasaresultofaTransferofallofsuchMember’sMembershipInterestsinaccordancewiththisArticleXIVwithrespecttowhichtheTransfereebecomesaMemberinplaceoftheTransferor.ExceptasotherwiseprovidedinthisAgreement,anyMemberwhoTransfersalloftheMembershipInterestsheldbysuchMemberinaTransferpermittedpursuanttothisArticleXIVwheretheTransferee(i)istheCompanyor(ii)isadmittedasaMembershallautomaticallyceasetobeaMemberasofthedateofconsummationofsuchTransfer.

(b)AlldistributionsandallocationswithrespecttowhichtherecorddateisbeforetheeffectivedateofanyTransfershallbemadetotheTransferor,andalldistributionsandallocationsthereaftershallbemadetotheTransferee.

(c)InadditiontoanyotherrestrictionsonTransfercontainedherein,innoeventmayanyTransferorassignmentofMembershipInterestsbyanyMemberbemade(i)toanyPersonwholacksthelegalright,powerorcapacitytoownMembershipInterestsor(ii)inviolationofApplicableLaw.

SECTION14.5RestrictionsonTransfersofClassDMembershipInterestsandClassCMembershipInterests.

(a)TheClassDMembershipInterestsmaynotbeTransferredexcept(i)pursuanttoaPermittedTransferor(ii)onorafter[•],pursuanttoSection14.9or(iii)withthewrittenconsentoftheClassAMembersactingbytheholdersofamajorityofthethen-outstandingClassAMembershipInterests.

(b)TheClassCMembershipInterestsmaynotbeTransferredexceptpursuanttoaPermittedTransfer.AfteranyTransfer(includinganyPermittedTransfer),theClassCMembershipInterestshallcontinuetobesubjecttothetermsandconditionsofthisAgreement,unlessthisAgreementspecificallyprovidesotherwise.TheClassCMembershipInterestsmaybesubjecttofurtherrestrictionsontransferpursuanttoaClassCAwardAgreement.

SECTION14.6RepurchaseofClassCMembershipInterestsbytheCompany.

AClassCMembershipInterestmaybesubjecttorepurchasebytheCompanyassetforthinaClassCAwardAgreement.

SECTION14.7TagAlong.

NoholderofClassAMembershipInterestshallTransferClassAMembershipInteresttoathirdparty(otherthananAffiliateofaClassAMember)withoutcomplyingwiththetermsandconditionssetforthinthisSection14.7,asapplicable.

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(a)AnyoftheClassAMembers(each,an“Initiating Member ”)desiringtoTransfermorethantwenty-fivepercent(25%)ofthetotalClassAMembershipInterestinasingletransactionoraseriesofsimilartransactions,shallgivenotlessthanten(10)BusinessDayspriorwrittennoticeofsuchintendedTransfertoeachClassCMemberandClassDMemberandtotheCompany.Suchnotice(the“Participation Notice ”)shallsetforththetermsandconditionsofsuchproposedTransfer,includingthenameoftheprospectiveTransferee,theamountoftheClassAMembershipInterestproposedtobeTransferredbytheInitiatingMember(the“Participation Interest ”)andtheSharingPercentageattributablethereto,thepurchasepriceproposedtobepaidthereforandthepaymenttermsandtypeofTransfertobeeffectuated;provided, however ,thatwithinfive(5)BusinessDaysfollowingthedeliveryoftheParticipationNoticebytheInitiatingMembertoeachClassCMemberandClassDMemberandtotheCompany,eachClassCMemberandClassDMembershallhavetheright,bynoticeinwritingtotheInitiatingMemberandtotheCompany,toelecttoTransfertothepurchasersinsuchproposedTransfer(uponthesametermsandconditionsastheInitiatingMember)uptotheamountoftheMembershipInterestownedbysuchClassCMemberorClassDMember(eachClassCMemberandClassDMembermakingsuchelection,a“Participating Offeree ”)asshallequaltheproductof(x)afraction,thenumeratorofwhichistheaggregateSharingPercentageattributabletotheamountofClassAMembershipInterestproposedtobetransferredbytheInitiatingMembersandthedenominatorofwhichistheaggregateSharingPercentageattributabletotheClassAMembershipInterestownedbytheInitiatingMembersand(y)theaggregateSharingPercentageattributabletotheMembershipInterestheldbysuchParticipatingOfferee.TheconsiderationtobereceivedbytheParticipatingOffereesinrespectoftheMembershipInteresttobesoldtotheprospectiveTransfereeshallbedeterminedbasedupon(i)thedeemedvalueoftheCompanyimpliedbythepricetobepaidbytheprospectiveTransfereefortheSharingPercentageattributabletotheClassAMembershipInterestand(ii)theresultingrelativevalueoftheSharingPercentageattributabletotheMembershipInterest.

(b)AttheclosingofanyproposedTransferinrespectofwhichaParticipationNoticehasbeendelivered,theInitiatingMember,togetherwithallParticipatingOfferees,asthecasemaybe,shalldelivertotheproposedTransfereecertificatesevidencingtheMembershipInterests,ifanyandasapplicable,tobesold,freeandclearofallClaimsandEncumbrances,togetherwithunitpowersdulyendorsed,andshallreceiveinexchangetherefortheconsiderationtobepaidordeliveredbytheprospectiveTransfereeinrespectofsuchMembershipInterestsasdescribedinthelastsentenceofSection14.7(a)(fortheavoidanceofdoubt,subjecttoSection14.7(d)(ii)below).InconnectionwithanysuchTransfer,theParticipatingOffereesshallagreetothesametermsandconditionsastheInitiatingMembers.

(c)[RESERVED].

(d)ThisSection14.7(d)shallapplynotwithstandinganythinginSection14.7(a)through(c)orSection14.8tothecontrary;provided, however ,that(andSection14.8isdeemedmodifiedtotheextentinconsistentwiththefollowing):

(i)thetwenty-fivepercent(25%)figurefirstdescribedinSection14.7(a)shall,forpurposesofthisSection14.7(d),bereducedto10%atsuchtimeastheMembers(otherthantheClassCMembers)havereceivedtotalamountsinrespectoftheirMembership

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Interests(includingbywayofdistributionsandbywayofconsiderationreceivedinexchangeforMembershipInterests)equaltotheClassCPayoutThreshold,includingwithrespecttothetransactioninwhichsucheventoccurs,andprovided further thattherightsandbenefitsofthisSection14.7shallnotapplyforanyMemberwithrespecttoanyTransferbyaClassAMembertoanyAffiliateofsuchClassAMember;

(ii)theamountofClassCMembershipInterestorClassDMembershipInterestthatmaybeTransferredbyanyClassCMemberorClassDMember,asapplicable,tothepurchasersinaproposedtransferdescribedinSection14.7(a)shallbethatsameproportionofallofsuchMember’sMembershipIntereststhattheaggregateParticipationInterestofallClassAMembersbearstotheiraggregateClassAMembershipInterests(but,withrespecttoaClassCMember,onlytotheextenttheClassCMember’sClassCMembershipInterestsarethenvestedorwouldbecomevestedinsuchproposedtransfer,takingintoaccountallpriortransfersofClassAMembershipInterests);

(iii)notwithstandinganythinginthelastsentenceofSection14.7(a),inSection14.8(d),orotherwisehereintothecontrary,theconsiderationtobereceivedbyallsellingMembersinasaledescribedinSection14.7(a)orSection14.8shallbeallocatedamongtheClassAMembershipInterests,ClassCMembershipInterestsandClassDMembershipInterestsbeingsoldinthesameproportionsasifthedeemedvalueoftheCompanyimpliedbythepricetobepaidbytheprospectiveTransfereefortheMembershipInterestsbeingsoldweredistributedwithoutanydiscountsordeductionsinaccordancewithSection5.4;

(iv)notwithstandinganythinginSection14.7(a)or(b),orSection14.8,tothecontrary,withrespecttoanytransactiondescribedtherein,(A)noClassCMemberorClassDMembershallberequiredtoprovideanyrepresentationsorwarrantiesinconnectionwithanyClassCMembershipInterestsorClassDMembershipIntereststobesoldorotherwiseotherthanrepresentations,warrantiesrelatingto(i)suchMember’svalidtitletoandownershipoftheMembershipInterestsbeingsold,freeandclearofallliens,claimsandencumbrances(otherthanthosearisingunderapplicablesecuritieslaws,thisAgreementandanyClassCAwardAgreement),(ii)suchMember’sauthority,powerandrighttoenterintoandconsummatesuchtransaction,(iii)theabsenceofanyviolation,defaultoraccelerationofanyagreementtowhichsuchMemberissubjectorbywhichitsassetsareboundasaresultofsuchtransaction,and(iv)theabsenceof,orcompliancewith,anygovernmentalorthirdpartyconsents,approvals,filingsornotificationsrequiredtobeobtainedormadebysuchMemberinconnectionwithsuchtransaction(andthenonlytotheextentthattheothersellingMembersaresimilarlyobligatedtoprovidesimilarrepresentations,warrantiesandindemnitieswithrespecttotheMembershipInterestswhichtheyareselling)(therepresentationsdescribedinclauses(i)-(iv)abovearereferredtoas“Seller Fundamental Reps ”),and(B)noClassCMemberorClassDMembershallhavejointliabilitywithrespecttoanyotherMember;provided,however,thatinthecaseofclauses(A)and(B)above,theClassCMembersandtheClassDMembershallbearaprorataamount(basedontheratioofthetotalproceedsreceivedinsuchtransactionbytheClassCMemberortheClassDMember,asapplicable,tothetotalproceedsreceivedinsuchtransactionbyallsellingMembers)of

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allindemnityobligationsapplicabletosuchtransaction(includingallindemnityobligationsrelatingtorepresentationsandwarrantiesmadeinrespectoforregardingtheCompany,thePartnershiporanyoftheirSubsidiariesoranyofsuchentities’respectivebusinessesoroperations,butexcludinganyindemnityobligationsrelatingtoanybreachofaSellerFundamentalRepmadebyanotherMember),andprovidedfurtherthatthepro-rataindemnityobligationofaClassCMemberorClassDMemberasdescribedintheforegoingprovisowillnotexceedthetotalproceedsreceivedbytheClassCMemberorClassDMember,asapplicable,insuchtransaction.

SECTION14.8DragAlong.

(a)IfoneormoreClassAMemberselecttoTransfertoanyPersonorPersonsinabonafidearms’-lengthtransactionorseriesofrelatedtransactionsmorethantwenty-fivepercent(25%)ofthetotalClassAMembershipInterest,pursuanttowhicheachClassAMemberreceivestheconsiderationinaccordancewithSection14.8(d)(a“Sale Event ”),then,uponten(10)BusinessDayswrittennoticefromsuchClassAMemberstotheClassCMembersand/ortheClassDMember,whichnoticeshallincludereasonabledetailsoftheproposedTransfer,includingtheproposedtimeandplaceofclosing,theconsiderationtobereceivedandthepercentageoftheClassAMembershipInteresttobeTransferred(the“Sale Request ”),eachClassCMemberandClassDMembershallbeobligatedto,andshall(i)Transferanddeliver,orcausetobeTransferredanddelivered,tosuchPersonthesamepercentageoftheClassCMembershipInterestortheClassDMembershipInterest,asapplicable,heldbysuchMemberasthepercentageoftheClassAMembershipInterestsuchClassAMembersareTransferringinthesametransactionattheclosingthereof(andwilldelivercertificatesforallofsuchClassCMembershipInterestorClassDMembershipInterest,ifanyandasapplicable,attheclosing,freeandclearofallClaimsandEncumbrances,togetherwithunitpowersdulyendorsed);(ii)execute,deliverandagreetobeboundbythetermsofanyagreementfortheTransferofsuchClassCMembershipInterestorClassDMembershipInterest,asapplicable,andanyotheragreement,instrumentorcertificatesnecessarytoeffectuatesuchTransfer;provided ,however ,that,thetermsandconditionsagreedtobytheClassCMembersortheClassDMember,asapplicable,shallbesubstantiallythesameasthetermsandconditionsagreedtobysuchClassAMembers,butsubjecttoSection14.8(d)andSection14.8(g).

(b)[RESERVED].

(c)IftheSaleEventhasnotoccurredwithin90DaysofthedateoftheSaleRequest,theprovisionsofSection14.8(a)applicabletosuchSaleEventshall,ifsuchSaleEventisthereaftersoughttobecompleted,bereappliedtosuchSaleEvent.

(d)IfaSaleEventoccurs,theClassAMembersmayexercisetheirrightunderSection14.8(a)(i)withrespecttotheClassDMembershipInterestsonlyiftheconsiderationtobereceivedinrespectoftheClassDMembershipIntereststobesoldtotheprospectiveTransfereeshallbedeterminedbasedupon(A)thedeemedvalueoftheCompanyimpliedbythepricetobepaidbytheprospectiveTransfereefortheSharingPercentageattributabletotheClassAMembershipInterestand(B)theresultingrelativevalueoftheSharingPercentage

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attributabletotheClassDMembershipInterestsand(ii)withrespecttoaClassCMembershipInterestonlyiftheconsiderationtobereceivedinrespectoftheClassCMembershipInteresttobesoldtotheprospectiveTransfereeshallbedeterminedbasedupon(A)thedeemedvalueoftheCompanyimpliedbythepricetobepaidbytheprospectiveTransfereefortheSharingPercentageattributabletotheClassAMembershipInterestand(B)theresultingdistributionsthatwouldbemadeinrespectoftheClassCMembershipInterestunderSection5.4iftheCompanyweredissolvedpursuanttoSection13.1andthedistributionsdescribedinSection13.2(a)(iii)(C)wereallmadeonthedateofsuchTransfer.

(e)IfoneormoreClassAMemberselecttoTransfertoanyPersonorPersonsinabonafidearms’-lengthtransactionorseriesofrelatedbonafidearms’-lengthtransactionsmorethantwenty-fivepercent(25%)ofthetotalClassAMembershipInterest,andtheprovisionsofeachofSection14.7andSection14.8apply,thennotwithstandinganythinghereintothecontraryotherthanSection14.8(g),theprovisionsofSection14.8shallapplypriortotheprovisionsofSection14.7.

(f)Notwithstandinganythingcontainedhereintothecontrary,intheeventthataSaleEventincludesanyClassAMember,ontheonehand,andanyAffiliateofaClassAMember,ontheotherhand,thentheprovisionsofthisSection14.8shallnotapplywithoutthepriorapprovalofamajorityoftheIndependentCommittee.

(g)Section14.7(d)shallapplyinrespectofallmattersdescribedinthisSection14.8notwithstandinganythinghereintothecontrary.

SECTION14.9RightofFirstOffer.

(a)Onandafter[•]1,theClassDMembermayTransferitsClassDMembershipInterestsinaccordanceandcompliancewiththisSection14.9andtheotherprovisionsofthisArticleXIV;provided that,innoeventshallanyClassDMembershipInterestsbeTransferredtoaCompetitor.

(b)Onandafter[•]2,theClassDMember(a“Transferring Member ”)whodesiresTransferallbutnotlessthanallofitsClassDMembershipInterest(the“Subject Interest ”)toathirdpartythatisnotaCompetitorshallfirstoffertheClassAMemberstheopportunitytopurchaseallbutnotlessthanalloftheSubjectInterest.SuchTransferringMembersshalldelivertoeachoftheClassAMembersawrittennotice(the“ROFO Notice ”)ofitsdesiretoTransfertheSubjectInterest.AnyoftheClassAMembers(togetherorindividually)maymakeanirrevocablewrittenoffertotheTransferringMembertopurchasealloftheSubjectInterest(a“ROFO Offer ”).AROFOOffershallspecify(i)theconsiderationfortheSubjectInterestand(ii)thematerialtermsandconditionsofsuchROFOOffer.Withinfifteen(15)BusinessDaysfollowingreceiptofaROFOOffer,theTransferringMembershallprovidewrittennoticetotheClassAMembersofitselectiontoacceptorrefusesuchROFOOffer.IftheTransferring1 NTD:Datetobe18monthsaftertheclosingdate.2 NTD:Datetobe18monthsaftertheclosingdate.

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MemberacceptssuchROFOOffer,theClassAMembersparticipatinginsuchTransferandtheTransferringMembershallusetheircommerciallyreasonableeffortstoconsummateapurchaseoftheSubjectInterestassoonasreasonablypracticaluponthetermssetforthintheROFOOffer;provided ,however ,that,iftheTransferringMemberreceivesmorethanoneROFOOffer,theTransferringMembercanonlyaccepttheROFOOfferwiththehigherpurchaseprice.

(c)If(i)theClassAMembersfailtomakeaROFOOfferwithinfifteen(15)BusinessDaysofreceiptofaROFONoticeor(ii)theTransferringMembernotifiestheClassAMembersofitsrefusalofaROFOOfferfollowingreceiptthereoforfailstotimelyprovidewrittennoticeofitselectiontoacceptorrefusesuchROFOOffer(thedateeithersuchconditionismet,the“ROFO Refusal Date ”),thentheTransferringMembersshallhavetherighttoTransferallbutnotlessthanalloftheSubjectInteresttoathirdpartythatisnotaCompetitororanAffiliatethereofontermsnolessfavorabletotheTransferringMemberthanthosesetforthintheROFOOffer(ifaROFOOfferhasbeenmade);provided ,however ,thatthepurchasepricefortheSubjectInteresttobepaidbyanysuchthirdpartyshallbethepriceequaltoorgreaterthan(A)theconsiderationsetforthintheROFOOffermultipliedby(B)103%.

(d)IftheTransferringMemberdoesnotconsummateathird-partysalewithin120daysoftheROFORefusalDate(the“ROFO Transfer Period ”),(i)theTransferringMembershallnotbepermittedtoTransferanyportionoftheSubjectInterestforaperiodof180daysaftertheexpirationoftheROFOTransferPeriodand(iii)aftersuch180-dayperiod,theSubjectInterestshallagainbecomesubjecttotherestrictionsonTransfercontainedinthisSection14.9andshallnotbeTransferredwithoutagaincomplyingwiththisSection14.9.

SECTION14.10TransferandAmendmentofIncentiveDistributionRights.

TheCompanyshallnottransferanyIncentiveDistributionRightstotheClassAMembersortheirrespectiveAffiliates(itbeingunderstoodthatmembersofthePartnershipGroupshallnotbeconsideredAffiliatesoftheClassAMembersforpurposesofthisSection14.10)withoutthepriorwrittenconsentoftheClassCMembersholdingamajorityofClassCUnits,butspecificallyincludingtheInitialClassCMember,andtheClassDMemberholdingamajorityofthethen-outstandingClassDUnits,whichconsentsshallnotbeunreasonablywithheld,conditionedordelayed;provided ,however ,that,subjecttotheprovisionsofthePartnershipAgreement,theCompanymay,withouttheconsentoftheClassCMembersortheClassDMember,transfer,amendorsuspendaportionoftheIncentiveDistributionRights,ortherightsassociatedtherewithwhetherornotforconsideration,uptoanamountequaltoallIncentiveDistributionRightsmultipliedbytheaggregateoftheClassAMembers’SharingPercentages,subjectineachcasetotheprinciplessetforthinthefollowingillustrativeexample.Bywayofillustrativeexample,atransactionwherebytheClassAMembersoranAffiliatethereofcontributesanassettotheCompanyorasubsidiarythereofinexchangefor,amongotherconsideration,thereturntothePartnershipoforadistributionholidayinrespectofIncentiveDistributionRights,wouldrequire(a)theconsentoftheClassCMembersholdingamajorityofClassCUnits,butspecificallyincludingtheInitialClassCMember,exceptnosuchconsentoftheClassCMemberswillberequiredif(I)suchreturnordistributionholidayisstructuredsothatsuchreturnordistributionholidayisonlyfromtheClassAMembers’proratashareofthe

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IncentiveDistributionRights,withsuchproratashareequaltotheClassAMembers’thenaggregateSharingPercentagesand(II)duringthependencyofsuchreturnordistributionholidaytheClassCMembers’SharingPercentageisequitablyadjustedupward,asnecessary,toreflectthereductionintotalIncentiveDistributionRightscashflowreceivedbytheCompanyorsuchotheractionistakenasnecessaryinorderfortheClassCMemberstoremaineconomicallyunaffectedinanymaterialrespectasaresultofthetransaction,and/or(b)theconsentoftheClassDMember,exceptnosuchconsentoftheClassDMemberwillberequiredif(I)suchreturnordistributionholidayisstructuredsothatsuchreturnordistributionholidayisonlyfromtheClassAMembers’proratashareoftheIncentiveDistributionRights,withsuchproratashareequaltotheClassAMembers’thenaggregateSharingPercentages,and(II)duringthependencyofsuchreturnordistributionholidaytheClassDMember’sSharingPercentageisequitablyadjustedupwardtoreflectthereductionintotalIncentiveDistributionRightscashflowreceivedbytheCompanyorsuchotheractionistakenasnecessaryinorderfortheClassDMembertoremaineconomicallyunaffectedinanymaterialrespectasaresultofthetransaction.

ARTICLE XV

GENERAL PROVISIONS

SECTION15.1Offset.

WhenevertheCompanyistopayanysumtoanyMember,anyamountsthatMemberowestheCompanymaybedeductedfromthatsumbeforepayment.

SECTION15.2Notices.

ExceptasotherwiseprovidedinthisAgreement,allnotices,demands,requests,consents,approvalsorothercommunications(collectively,“Notices ”)requiredorpermittedtobegivenhereunderorwhicharegivenwithrespecttothisAgreementshallbeinwritingandshallbepersonallyservedbyhanddelivery,deliveredbyreputableaircourierservicewithchargesprepaid,ortransmittedbyfacsimileorelectronicmail,addressedtotheaddresssuchpartyshallhavespecifiedmostrecentlybywrittennotice.NoticeshallbedeemedgivenonthesecondBusinessDayfollowingthedateofdeliverytotheaircourier,inthecaseofdeliverybyaircourier.Noticeshallbedeemedgivenonthedateofserviceifpersonallyservedorthedateoftransmissioniftransmittedbyfacsimileorelectronicmail:

TotheCompany:

AmericanMidstreamGP,LLCc/oArcLightCapitalPartners,LLC200ClarendonStreet,55thFloorBoston,MA02117Attention:JakeErhardE-mail:[email protected]

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ToanyClassAMember:

HighPointInfrastructurePartners,LLCAMIDGPHoldings,LLCc/oArcLightCapitalPartners,LLC200ClarendonStreet,55thFloorBoston,MA02117Attention:JakeErhardE-mail:[email protected]

Withacopyto:

AndrewsKurthKenyonLLP600TravisStreet,Suite4200Houston,TX77002Attention:G.MichaelO’LearyE-mail:[email protected]

TotheClassDMember:

SouthcrossHoldingsLP[Address][City,State,Zip]Attention:[•]E-mail:[•]

Withacopyto:

[•][Address][City,State,Zip]Attention:[•]E-mail:[•]

ToanyClassCMember:

LB3ServicesAttention:LynnL.BourdonIII114SibeliusLaneHouston,TX77079E-mail:[email protected]

SECTION15.3EntireAgreement;SupersedingEffect.

ThisAgreementconstitutestheentireagreementoftheMembersrelatingtotheCompanyandthetransactionscontemplatedhereby,andsupersedesallprovisionsandconceptscontainedinallpriorcontractsoragreementsoftheMemberswithrespecttotheCompany,whetheroralorwritten,includingtheExistingAgreement.

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SECTION15.4EffectofWaiverorConsent.

ExceptasotherwiseprovidedinthisAgreement,awaiverorconsent,expressorimplied,toorofanybreachordefaultbytheBoardoranyMemberintheperformancebytheBoardorthatMemberofitsrespectiveobligationswithrespecttotheCompanyisnotaconsentorwaivertoorofanyotherbreachordefaultintheperformancebytheBoardorthatMemberofthesameoranyotherobligationsoftheBoardorthatMemberwithrespecttotheCompany.ExceptasotherwiseprovidedinthisAgreement,failureonthepartoftheBoardoraMembertocomplainofanyactoftheBoardoranyMemberortodeclaretheBoardoranyMemberindefaultwithrespecttotheCompany,irrespectiveofhowlongthatfailurecontinues,doesnotconstituteawaiverbytheBoardorthatMemberofitsrightswithrespecttothatdefaultuntiltheapplicablestatute-of-limitationsperiodhasrun.

SECTION15.5AmendmentorRestatement.

ThisAgreementandtheDelawareCertificatemaybeamendedorrestatedonlybyawritteninstrumentapprovedbytheClassAMembers.NotwithstandinganyprovisionofthisSection15.5tothecontrary,forsolongastheInitialClassCMemberisaMember,theClassAMembersshallnotamendorrestatethisAgreement(ortheDelawareCertificatetotheextentsuchamendmentwouldbeinconsistentwiththisAgreement)(a)withoutthepriorwrittenconsentoftheInitialClassCMemberifsuchamendmentwould(i)increaseorextendanyfinancialobligationorliabilityoftheInitialClassCMember,(ii)materiallyandadverselyaffecttherightsandprivilegesoftheInitialClassCMemberinrelationtotheClassAMembers,(iii)reducetheSharingPercentageoftheInitialClassCMember,(iv)amendthedefinitionofClassCPayoutorClassCPayoutThreshold,orSection5.5orthedefinitionstherein,or(v)amendthissentence,inamannerthatismateriallyadversetotheInitialClassCMemberand(b)withoutthepriorwrittenconsentoftheClassDMemberifsuchamendmentwould(i)increaseorextendanyfinancialobligationorliabilityoftheClassDMember,(ii)materiallyandadverselyaffecttherightsandprivilegesoftheClassDMemberinrelationtotheClassAMembers,(iii)otherthaninaccordancewiththisAgreement,includingSection3.1(f),Section3.1(g)andSection3.1(h),reducetheSharingPercentageoftheClassDMember,(iv)amendSection3.1(f),Section3.1(g)orSection3.1(h),or(v)amendthissentence,inamannerthatismateriallyadversetotheClassDMember.

SECTION15.6BindingEffect.

SubjecttotherestrictionsonTransferssetforthinthisAgreement,thisAgreementisbindingonandshallinuretothebenefitoftheMembersandtheirrespectivesuccessorsandpermittedassigns.

SECTION15.7GoverningLaw;Severability.

THIS AGREEMENT IS GOVERNED BY AND SHALL BE CONSTRUED IN ACCORDANCE WITH THE LAW OF THE STATE OFDELAWARE, EXCLUDING ANY CONFLICT-OF-LAWS RULE OR PRINCIPLE THAT MIGHT REFER THE GOVERNANCE OR THECONSTRUCTION OF THIS AGREEMENT TO THE LAW

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OF ANOTHER JURISDICTION. IntheeventofadirectconflictbetweentheprovisionsofthisAgreementandanymandatory,non-waivableprovisionoftheAct,suchprovisionoftheActshallcontrol.IfanyprovisionoftheActmaybevariedorsupersededinalimitedliabilitycompanyagreement(orotherwisebyagreementofthemembersormanagersofalimitedliabilitycompany),suchprovisionshallbedeemedsupersededandwaivedinitsentiretyifthisAgreementcontainsaprovisionaddressingthesameissueorsubjectmatter.IfanyprovisionofthisAgreementortheapplicationthereoftoanyMemberorcircumstanceisheldinvalidorunenforceabletoanyextent,(a)theremainderofthisAgreementandtheapplicationofthatprovisiontootherMembersorcircumstancesisnotaffectedthereby,and(b)theMembersshallnegotiateingoodfaithtoreplacethatprovisionwithanewprovisionthatisvalidandenforceableandthatputstheMembersinsubstantiallythesameeconomic,businessandlegalpositionastheywouldhavebeeniniftheoriginalprovisionhadbeenvalidandenforceable.

SECTION15.8FurtherAssurances.

InconnectionwiththisAgreementandthetransactionscontemplatedhereby,eachMembershallexecuteanddeliveranyadditionaldocumentsandinstrumentsandperformanyadditionalactsthatmaybenecessaryorappropriatetoeffectuateandperformtheprovisionsofthisAgreementandthosetransactions.

SECTION15.9WaiverofCertainRights.

EachMember,tothefullestextentpermittedbyApplicableLaw,irrevocablywaivesanyrightitmayhavetomaintainanyactionfordissolutionoftheCompanyorforpartitionofthepropertyoftheCompany.

SECTION15.10Counterparts.

ThisAgreementmaybeexecutedinanynumberofcounterpartswiththesameeffectasifallsigningpartieshadsignedthesamedocument.Allcounterpartsshallbeconstruedtogetherandconstitutethesameinstrument.TothefullestextentpermittedbyApplicableLaw,theuseoffacsimilesignaturesandsignaturesdeliveredbyemailinportabledocumentformataffixedinthenameandonbehalfofapartyisexpresslypermittedbythisAgreement.

SECTION15.11Jurisdiction.

Anyandallclaims,suits,actionsorproceedingsarisingoutof,inconnectionwithorrelatinginanywaytothisAgreementshallbebroughtintheCourtofChanceryoftheStateofDelaware(or,totheextenttheCourtofChancerylacksjurisdiction,anyotherstateorfederalcourtintheStateofDelaware)orinanycourtofcompetentjurisdictioninHarrisCountyintheStateofTexas.Eachpartyheretounconditionallyandirrevocablyconsentstothejurisdictionofanysuchcourtoveranyclaim,suit,action,orproceedingand,tothefullestextentpermittedbyApplicableLaw,waivesanyobjectionthatsuchpartymayhavetothelayingofvenueofanyclaim,suit,actionorproceedinginanysuchcourt.

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SECTION15.12Confidentiality.

TheMembersagreethatallnon-publicinformationrelatedtothebusiness,financialconditionorprospectsoftheCompany,thePartnershipandtheirSubsidiariesandAffiliates,includinganyinformationrelatedtoaprospectiveinvestment,debtincurrenceorequityissuancebytheCompany,thePartnershiportheirSubsidiariesorAffiliates,shallbeconsideredconfidential,shallbekeptconfidentialandshallnotbedisclosedbyaMembertoanyPersonthatisnotaMemberuntilthedatethatistwoyearsafterthedisclosureofsuchconfidentialinformationbytheCompanyorthePartnershiptosuchMember,exceptsuchinformationmaybedisclosedbysuchMember:(i)toanAffiliateofsuchMember;(ii)totheextentsuchinformationisrequiredtobefurnishedincompliancewithApplicableLaw,orpursuanttoanylegalproceedingsorbecauseofanyorderofanyGovernmentalAuthoritybindinguponsuchMember;(iii)torepresentatives,agentsandcounselsemployedorengagedbysuchMemberwheredisclosureofsuchinformationisessentialtosuchrepresentative’s,agent’sorcounsel’sworkforsuchMember;(iv)toabonafideprospectivetransfereeofsuchMember’sMembershipInteresttotheextentappropriateinordertoallowtheassessmentofsuchMembershipInterest(includingaPersonwithwhomaMemberand/oritsAffiliatesareconductingbonafidenegotiationsdirectedtowardamerger,consolidationorthesaleofmajorityownershipoftheMemberoranAffiliate);(v)toabonafideprospectiveinvestorinsuchMembertotheextentappropriateinordertoallowtheassessmentofsuchinvestmentopportunity;and(vi)totheextentsuchinformation:(a)throughnofaultofsuchMember,is,wasorbecomesapartofthepublicdomain;(b)is,wasorbecomesavailabletosuchMemberonanon-confidentialbasisfromasourceotherthantheCompanyorthePartnership,whichsourcerepresentsthatithadtherighttodisseminatesuchinformationatthetimeitwasacquiredbysuchparty;or(c)isthirdpartynon-publicinformationthatis,wasorbecomesavailabletosuchpartyfromasourceotherthantheCompanyorthePartnership;provided, however ,that,withrespecttoclauses(i),(iii),(iv)and(v)above,priortosuchdisclosure,thedisclosingMemberhasobtainedawrittenundertakingfromtherecipienttokeeptheinformationstrictlyconfidentialuntilthedatethatistwoyearsafterthedisclosureofsuchconfidentialinformationbytheCompanyorthePartnershiptosuchMember(unlesstherecipientissubjecttolegalobligationsofconfidentialityprovidingprotectionssimilartothosesetforthabove).TherestrictionssetforthinthisSection15.12donotapplytoanydisclosuremadebyaMembertoanexistingorbonafideprospectiveinvestorinsuchMemberofthetermsofitsinvestmentintheCompanyandtheperformanceofthatinvestment.

[Remainderofpageleftblankintentionally.]

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INWITNESSWHEREOF,theMembershaveexecutedthisAgreementasofthedatefirstsetforthabove.

CLASSAMEMBERS:

HIGHPOINTINFRASTRUCTUREPARTNERS,LLC

By: /s/DanielR.ReversName: DanielR.ReversTitle: President

AMIDGPHOLDINGS,LLC

By: /s/DanielR.ReversName: DanielR.ReversTitle: President

[Signature Page toFifth Amended and Restated Limited Liability Company Agreement of

American Midstream GP, LLC]

CLASSCMEMBER:

LB3Services

By: /s/LynnL.BourdonIII LynnL.BourdonIII,Partner



CLASSDMEMBER:

SouthcrossHoldingsLP

By: SouthcrossHoldingsGPLLC,itsgeneralpartner

By: [•]Title: [•]

SouthcrossHoldingsGPLLC

By: [•]Title: [•]

EXHIBIT A I. ClassAMembershipInterest

CLASSAMEMBER

CLASSAPERCENTAGEINTEREST

SHARINGPERCENTAGE

(BEFORECLASSCPAYOUT)

SHARINGPERCENTAGE(AFTERCLASSC

PAYOUT) HPIP 77.153% 65.580% 60.006%AMIDHoldings 22.847% 19.420% 17.769%

II. ClassDMembershipInterest

CLASSDMEMBER

NUMBEROFCLASSDUNITS

CLASSDPERCENTAGEINTEREST

SHARINGPERCENTAGE(BEFORECLASSCPAYOUT)


PAYOUT) HoldingsLP 3,000 100.000% 15.000% 13.725%

III. ClassCMembershipInterest

CLASSCMEMBER

NUMBEROFCLASSCUNITS

CLASSCPERCENTAGEINTEREST

SHARINGPERCENTAGE(BEFORECLASSCPAYOUT)


PAYOUT) LB3Services 100 100.000% 0.000% 8.500%



EXHIBIT B

Directors

1. StephenW.Bergstrom

2. JohnF.Erhard

3. DonaldR.Kendall,Jr.

4. DanielR.Revers

5. PeterA.Fasullo

6. JosephW.Sutton

7. LuciusH.Taylor

8. GeraldA.Tywoniuk

9. LynnL.BourdonIII(alsobeingtheChairmanoftheBoard,andPresidentandChiefExecutiveOfficeroftheCompanyasofthedatehereof)

10. [•](ClassDDirector)

11. [•](ClassDDirector)

AuditCommittee

1. GeraldA.Tywoniuk(ChairmanoftheAuditCommittee)

2. PeterA.Fasullo

3. DonaldR.Kendall,Jr.

CompensationCommittee

1. JohnF.Erhard(ChairmanofCompensationCommittee)

2. LynnL.BourdonIII

ExhibitE

FormofEscrowAgreement

EXHIBIT E

FORM OF ESCROW AGREEMENT

ThisESCROWAGREEMENTdated[•],2018(the“Agreement”),isenteredintobyandamongSouthcrossHoldingsLP,aDelawarelimitedpartnership(“HoldingsLP”),AmericanMidstreamPartners,LP,aDelawarelimitedpartnership(“AMID”and,togetherwithHoldingsLP,the“Parties,”andindividually,a“Party”),andWellsFargoBank,NationalAssociation,anationalbankingassociationorganizedunderthelawsoftheUnitedStates,asescrowagent(“EscrowAgent”).

RECITALS

A.PursuanttotheContributionAgreement,datedOctober31,2017(the“ContributionAgreement”),byandamongHoldingsLP,AMIDandAmericanMidstreamGP,LLC,aDelawarelimitedliabilitycompanyandthegeneralpartnerofAMID,thePartieshaveagreedtoestablishescrowaccountsforthepurposessetforththereinandherein.

B.PursuanttoSection2.2(a)(iv)andSection2.2(a)(v)oftheContributionAgreement,onthedatehereof,AMIDisdepositingorcausingtobedepositedwiththeEscrowAgent(1)1,534,000AMIDCommonUnits(whichshallbeinnon-certificatedbook-entryform)(the“GeneralIndemnityEscrowUnits”)inaseparateaccounttobeheldanddistributedinaccordancewiththetermsofthisAgreementandtheContributionAgreement(the“GeneralIndemnityEscrowFund”,whichGeneralIndemnityEscrowFundshallalsoincludeanydividends,distributions,earningsorotheramountspaidwithrespecttheretooraccruedthereon),(2)292,000AMIDCommonUnits(whichshallbeinnon-certificatedbook-entryform)(the“SpecialIndemnityEscrowUnits”)inaseparateaccounttobeheldanddistributedinaccordancewiththetermsofthisAgreementandtheContributionAgreement(the“SpecialIndemnityEscrowFund”,whichSpecialIndemnityEscrowFundshallalsoincludeanydividends,distributions,earningsorotheramountspaidwithrespecttheretooraccruedthereonand,togetherwiththeGeneralIndemnityEscrowFund,the“IndemnityEscrowFund”),and(3)350,000AMIDCommonUnits(whichshallbeinnon-certificatedbook-entryform)(the“AdjustmentEscrowUnits”and,togetherwiththeGeneralIndemnityEscrowUnitsandtheSpecialIndemnityEscrowUnits,the“EscrowUnits”)inaseparateaccounttobeheldanddistributedinaccordancewiththetermsofthisAgreementandtheContributionAgreement(the“AdjustmentEscrowFund”,whichAdjustmentEscrowFundshallalsoincludeanydividends,distributions,earningsorotheramountspaidwithrespecttheretooraccruedthereonand,togetherwiththeGeneralIndemnityEscrowFundandtheSpecialIndemnityEscrowFund,the“EscrowFunds”),andtheEscrowAgentagreestoholdanddistributesuchfundsinaccordancewiththetermsandsubjecttotheconditionssetforthhereinandtheContributionAgreement.

C.ThePartiesacknowledgethattheEscrowAgentisnotapartyto,isnotboundby,andhasnodutiesorobligationsunder,theContributionAgreement,thatallreferencesinthisAgreementtotheContributionAgreementareforconvenienceandthattheEscrowAgentshallhavenoimplieddutiesbeyondtheexpressdutiessetforthinthisAgreement.

D.WellsFargoShareownerServices(“TransferAgent”)(havingaregisteredofficeat[•],andmailingaddressat1110CentrePointeCurve,Suite101,Mendota,MN55120,Attention:NancyPetersen,telephone:[•],facsimile:[•]andemail:[email protected])istheTransferAgentforAMID,andAMIDwilldirecttheTransferAgenttoissuetheAMIDCommonUnitsinthenameof“WellsFargoBank,NationalAssociation,asEscrowAgentunderanEscrowAgreementdated[•],2018byandamongSouthcrossHoldingsLP,AmericanMidstreamPartners,LPandWellsFargoBank,NationalAssociation”orsuchothersimilarnameasagreeduponbytheEscrowAgentandtheTransferAgent.

E.CapitalizedtermsusedbutnotdefinedhereinhavethemeaningsassignedtothemintheContributionAgreement.

InconsiderationofthepromisesandagreementsofthePartiesandforothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichisherebyacknowledged,thePartiesandtheEscrowAgentagreeasfollows:

ARTICLE1ESCROWDEPOSIT

Section1.1.EstablishmentofEscrowFunds.

(a)FollowingexecutionofthisAgreement,onthedatehereofandupontheclosingofthetransactionscontemplatedbytheContributionAgreement,AMIDshallissueanddepositorcausetobedepositedwiththeEscrowAgent,theGeneralIndemnityEscrowUnits,theSpecialIndemnityEscrowUnitsandtheAdjustmentEscrowUnitsinbook-entryform(collectively,andtogetherwithanydividends,distributions,earningsorotheramountspaidwithrespecttheretooraccruedthereon,andasreducedasaresultofdisbursementsmadefromtimetotimeinaccordancewiththeproceduresspecifiedinthisAgreement,the“EscrowProperty”).AMIDshalldirecttheTransferAgenttodeliverawrittenconfirmationofthedepositofGeneralIndemnityEscrowUnitsintheGeneralIndemnityEscrowFund,SpecialIndemnityEscrowUnitsintheSpecialIndemnityEscrowFundandAdjustmentEscrowUnitsintheAdjustmentEscrowFund.AMIDshalldelivertotheEscrowAgentacopyofthedirectionlettertotheTransferAgent.UpontheEscrowAgent’sreceiptofconfirmationfromtheTransferAgent,theEscrowAgentshallsendnoticetothePartiesconfirmingreceiptoftheEscrowUnitsfromAMIDandtheEscrowPropertywillbeheldanddisbursedonlyinaccordancewiththeexpresstermsandconditionsofthisAgreementandtheContributionAgreement.

(b)WithrespecttoanyEscrowUnitsheldinescrowbytheEscrowAgentpursuanttothisAgreement,forsolongassuchEscrowUnitsaresoheld,AMIDshallretainallvotingrightswithrespecttosuchEscrowUnitsandupondisbursementofanyEscrowUnitstoHoldingsLP(the“HoldingsDisbursedUnits”),AMIDshallnolongerhavevotingrightswithrespecttotheHoldingsDisbursedUnits,andHoldingsLPshallhavethevotingrightswithrespecttotheHoldingsDisbursedUnits.TheEscrowAgentshallnotvoteanyEscrowUnitsorHoldingsDisbursedUnits,andshallnotexecuteordeliveranyproxytotheTransferAgentwithrespecttovotingsuchunitsuntiltheEscrowAgenthasreceivedwritteninstructionsfromAMID.TheEscrowAgentshalldeliveranyproxymaterialsrelatingtotheEscrowUnitstoAMIDuponreceiptofsuchproxymaterialsfromtheTransferAgent.TheEscrowAgentshallnotberesponsiblefordeliveringavoteonbehalfofAMIDtotheTransferAgentintheeventAMIDdoesnotprovidewritteninstructionstotheEscrowAgent.

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Section1.2.NoInvestmentofEscrowProperty.DuringthetermofthisAgreement,theEscrowAgentshallholdtheEscrowPropertyinnon-interestbearingdemanddepositaccountsandtheEscrowPropertyshallnotbeinvestedduringthetermoftheEscrowAgreement.AnyinvestmentoftheEscrowPropertyisexpresslyprohibitedbythisAgreement.FollowingtheendofeachcalendarmonthduringwhichtheEscrowAgentholdsanyEscrowPropertypursuanttothisAgreementandatsuchothertimesasanyPartymayreasonablyrequest,theEscrowAgentshallprovidetoeachofthePartiesastatementdetailing,fortheEscrowFunds,thetotalamountoftheEscrowPropertythatremainsinescrow,alltransactionsinvolvingsuchEscrowProperty(ifany)andanydisbursementsmadefromsuchEscrowFundspursuanttothisAgreement,ineachcase,duringsuchcalendarmonth.ThisstatementshallbeprovidedwithoutanyadditionalcosttoanyParty.

Section1.3.Disbursements.

(a)DisbursementsfromtheAdjustmentEscrowFund.WithrespecttothedistributionoftheAdjustmentEscrowFund,thePartiesacknowledgethattheAdjustmentEscrowUnitsshallbereleasedfromtheAdjustmentEscrowFundpursuantto,andinaccordancewith,Section2.4(d)oftheContributionAgreementandthisSection1.3(a)asfollows:

(i)IftheFinalAdjustmentAmountispositive,thenthePartiesshallpromptlyexecuteanddeliverajointinstructionlettersubstantiallyintheformattachedheretoasExhibitD(the“JointInstructionLetter”)totheEscrowAgentdirectingtheEscrowAgenttoreleasetoHoldingsLPallAMIDCommonUnitsinaccordancewithSection2.4(d)(ii)oftheContributionAgreement.

(ii)IftheFinalAdjustmentAmountisnegative,thePartiesshallpromptlyexecuteanddeliveraJointInstructionLettertotheEscrowAgentdirectingtheEscrowAgenttoreleasetoAMIDoutoftheAdjustmentEscrowFundthenumberofAMIDCommonUnitsrequiredtobereleasedtoAMIDpursuanttoSection2.4(d)(iii)oftheContributionAgreement.IfthenumberofAMIDCommonUnitsintheAdjustmentEscrowFundisinsufficienttocovertheentireamountpayabletoAMIDpursuanttoSection2.4(d)(iii)oftheContributionAgreement,thePartiesshallpromptlyexecuteanddelivertheJointInstructionLettertotheEscrowAgentdirectingtheEscrowAgenttoreleasethedeficiencytoAMIDfromtheIndemnityEscrowFund.IfthenumberofAMIDCommonUnitsintheAdjustmentEscrowFundexceedsthenumberrequiredtocovertheFinalAdjustmentAmount,thePartiesshallpromptlyexecuteanddeliveraJointInstructionLettertotheEscrowAgentdirectingtheEscrowAgenttoreleasetheremainingAMIDCommonUnitsintheAdjustmentEscrowFundtoHoldingsLPinaccordancewithSection2.4(d)(iii)oftheContributionAgreement.

(b)DisbursementsfromtheSpecialIndemnityEscrowFund.WithrespecttothedistributionoftheSpecialIndemnityEscrowFund,thePartiesacknowledgethattheSpecialIndemnityEscrowUnitsshallbereleasedfromtheSpecialIndemnityEscrowFundpursuantto,andinaccordancewith,theContributionAgreement(including,withoutlimitation,Section8.6oftheContributionAgreement)andthisSection1.3(b)asfollows:

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(i)ThePartiesacknowledgethatifatanytimeAMIDisentitledtoreceiveanyamountpursuanttotheindemnificationprovisionsofArticleVIIIoftheContributionAgreementwithrespecttoSpecialIndemnityDamages,thePartiesshallpromptlyexecuteanddeliveraJointInstructionLettertotheEscrowAgentdirectingtheEscrowAgenttodisbursethatportionoftheSpecialIndemnityEscrowUnitsrequiredtosatisfysuchobligationfromtheSpecialIndemnityEscrowFundpursuantto,andinaccordancewith,theContributionAgreement.IfthenumberofSpecialIndemnityEscrowUnitsintheSpecialIndemnityEscrowFundisinsufficienttocovertheentireamountofclaimsfortheSpecialIndemnityDamages,thePartiesshallpromptlyexecuteanddeliveraJointInstructionLettertotheEscrowAgentdirectingtheEscrowAgenttodisbursethatportionoftheGeneralIndemnityEscrowUnitstosatisfythedeficiency.

(ii)FiveBusinessDaysafterHoldingsLP’sdeliveryofwrittenevidenceofafinalandenforceableresolution(whetherbysettlement,finalnon-appealablejudgment,dismissalwithprejudiceorotherwise)ofeachoftheSpecialIndemnityMatterstotheEscrowAgentandAMIDaccompaniedbyawrittencertificationfromcounselforHoldingsLPattestingthatsuchresolutionisfinalandnotsubjecttofurtherproceedingsorappeal,theEscrowAgentshalldisbursetoHoldingsLP100%ofanyandallEscrowPropertythenremainingintheSpecialIndemnityEscrowFund;provided,however,that,ifpriortofiveBusinessDaysafterthereceiptbyAMIDofsuchcopyandcertification,(x)AMIDshallhavemadeaclaimforindemnificationforSpecialIndemnityDamagesinaccordancewiththeContributionAgreement(including,withoutlimitation,Section8.5oftheContributionAgreement),(y)suchclaimremainsunresolved,and(z)AMIDshallhavedeliveredwrittennoticeofsuchunresolvedclaimtotheEscrowAgentandHoldingsLP,theEscrowAgentshallretainintheSpecialIndemnityEscrowFundthenumberofSpecialIndemnityEscrowUnitsspecifiedinAMID’snotice(a“SpecialIndemnityRetainedAmount”),inwhichcase100%ofthethenoutstandingamountoftheEscrowPropertyintheSpecialIndemnityEscrowFund,lessanySpecialIndemnityRetainedAmount,shallpromptlybedisbursedbytheEscrowAgenttoHoldingsLP.UponfinalresolutionofanyunresolvedclaiminaccordancewiththeContributionAgreement,theEscrowAgentshallthereafterreleasefromtheSpecialIndemnityEscrowFundtothePartyentitledtheretoallportionsoftheSpecialIndemnityRetainedAmountasandwhenitreceivesaJointInstructionLetter.TheEscrowAgentshallbeentitledtoconclusivelyrelyuponanysuchcertificationandinstructionandshallhavenoresponsibilitytoreviewtheresolutiontowhichsuchcertificationandinstructionrefersortomakeanydeterminationastowhethersuchresolutionisfinal.

(c)DisbursementsfromtheGeneralIndemnityEscrowFund.WithrespecttothedistributionoftheGeneralIndemnityEscrowFund,thePartiesacknowledgethattheGeneralIndemnityEscrowUnitsshallbereleasedfromtheGeneralIndemnityEscrowFundpursuantto,andinaccordancewith,theContributionAgreement(including,withoutlimitation,Section8.6oftheContributionAgreement)andthisSection1.3(c)asfollows:

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(i)IfatanytimeAMIDisentitledtoreceiveanyamountfromtheGeneralIndemnityEscrowFundpursuanttotheindemnificationprovisionsofArticleVIIIoftheContributionAgreement,thePartiesshallpromptlyexecuteanddeliveraJointInstructionLettertotheEscrowAgentdirectingtheEscrowAgenttodisbursethatportionoftheGeneralIndemnityEscrowUnitsrequiredtosatisfysuchobligationfromtheGeneralIndemnityEscrowFund.

(ii)On[](the“ReleaseDate”),1theEscrowAgentshalldisbursetoHoldingsLP100%ofanyandallEscrowPropertythenremainingintheGeneralIndemnityEscrowFund;provided,however,that,ifpriortosuchdate,(a)AMIDshallhavemadeabonafideclaimforindemnificationpursuanttoandinaccordancewithArticleVIIIoftheContributionAgreement(includingbutnotlimitedtoaclaimforSpecialIndemnityDamages),(b)suchclaimremainsunresolved,and(c)AMIDshallhave,priorto5:00p.m.EasternTimeontheBusinessDaypriortotheReleaseDate,deliveredwrittennoticeofsuchunresolvedclaimtotheEscrowAgentandHoldings,LP,theEscrowAgentshallretainintheGeneralIndemnityEscrowFundthenumberofGeneralIndemnityEscrowUnitsspecifiedinAMID’snotice(a“GeneralIndemnityRetainedAmount”)withrespecttosuchunresolvedclaim,inwhichcase100%ofthethenoutstandingamountoftheEscrowPropertyintheGeneralIndemnityEscrowFund,lessanyGeneralIndemnityRetainedAmount,shallpromptlybedisbursedbytheEscrowAgenttoHoldingsLP.UponfinalresolutionofanyunresolvedclaiminaccordancewiththeContributionAgreement,theEscrowAgentshallthereafterreleasefromtheGeneralIndemnityEscrowFundtothePartyentitledtheretoallportionsoftheGeneralIndemnityRetainedAmountasandwhenitreceivesaJointInstructionLetter.

(d)CourtOrder.Notwithstandinganythingtothecontraryherein,theEscrowAgentshalldisbursetheEscrowProperty,oranyportionthereof,inaccordancewithacertifiedcopyofanyfinalandnonappealableorderorjudgmentofacourtofcompetentjurisdictiondirectingsuchdisbursement(a“FinalOrder”),accompaniedbyawrittencertificationfromcounselfortheinstructingPartyattestingthatsuchorderisfinalandnotsubjecttofurtherproceedingsorappealalongwithawritteninstructionfromtheinstructingPartygiventoeffectuatesuchorderorjudgmentandtheEscrowAgentshallbeentitledtoconclusivelyrelyuponanysuchcertificationandinstructionandshallhavenoresponsibilitytoreviewtheorderorjudgmenttowhichsuchcertificationandinstructionrefersortomakeanydeterminationastowhethersuchorderorjudgmentisfinal.

(e)PaymentbytheEscrowAgent.ThePartiesagreethatanypaymentthattheEscrowAgentisinstructedtomakefromtheEscrowPropertypursuanttothisEscrowAgreementshallbethelesserof(i)thestatedpaymentamountand(ii)thebalanceoftheEscrowProperty,asapplicable,andshallbedisbursedassetforthintheJointInstructionLetterdeliveredbytheParties.ThereleaseofanyEscrowUnitsunderthisSection1.3shallincludecashfromanydividends,distributions,earningsorotheramountspaidoraccruedthereonwithrespecttosuchEscrowUnitsinaccordancewiththeContributionAgreementandassetforthintheapplicableJointInstructionLetter.TheEscrowAgentshallhavenodutytoverify,calculateorconfirmthevalueofanyEscrowProperty.ThePartiesagreethatanyreleaseofEscrowUnits1 Datetobelaterof12monthsfromtheclosingdateandMay31,2019.

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willalwaysreflectunitamountsaswholeunits,notfractionalunits.WithinfiveBusinessDaysaftertheEscrowAgentisrequiredtoreleaseEscrowUnitsinaccordancewiththisEscrowAgreement,theEscrowAgentshalldeliverwritteninstructionsintheformofExhibitEtotheTransferAgentrequestingTransferAgenttodisbursetheEscrowUnits.TheEscrowAgentshallnotberesponsibleforTransferAgent’sprocessingtimetoreleasetheEscrowUnitsbytheTransferAgenttoanyParty.

Section1.4.SecurityProcedureForFundsTransfers.TheEscrowAgentshallconfirmeachEscrowPropertytransferinstructionreceivedinthenameofaPartybymeansofthesecurityprocedureselectedbysuchPartyandcommunicatedtotheEscrowAgentthroughasignedcertificateintheformofExhibitB-1orExhibitB-2attachedhereto,whichuponreceiptbytheEscrowAgentshallbecomeapartofthisAgreement.OncedeliveredtotheEscrowAgent,ExhibitB-1orExhibitB-2mayberevisedorrescindedonlybyawritingsignedbyanauthorizedrepresentativeoftheParty.SuchrevisionsorrescissionsshallbeeffectiveonlyafteractualreceiptandfollowingsuchperiodoftimeasmaybenecessarytoaffordtheEscrowAgentareasonableopportunitytoactonit.IfarevisedExhibitB-1orExhibitB-2orarescissionofanexistingExhibitB-1orExhibitB-2isdeliveredtotheEscrowAgentbyanentitythatisasuccessor-in-interesttosuchParty,suchdocumentshallbeaccompaniedbyadditionaldocumentationsatisfactorytotheEscrowAgentshowingthatsuchentityhassucceededtotherightsandresponsibilitiesofthePartyunderthisAgreement.

ThePartiesunderstandthattheEscrowAgent’sinabilitytoreceiveorconfirmEscrowPropertytransferinstructionspursuanttothesecurityprocedureselectedbysuchPartymayresultinadelayinaccomplishingsuchfundstransfer,andagreethattheEscrowAgentshallnotbeliableforanylosscausedbyanysuchdelay.

Section1.5.IncomeTaxAllocationandReporting.

(a)ThePartiesagreethat,fortaxreportingpurposes,HoldingsLPshallbetreatedasowningtheEscrowProperty.

(b)ForcertainpaymentsmadepursuanttothisAgreement,theEscrowAgentmayberequiredtomakea“reportablepayment”or“withholdablepayment”andinsuchcasestheEscrowAgentshallhavethedutytoactasapayororwithholdingagent,respectively,thatisresponsibleforanytaxwithholdingandreportingrequiredunderChapters3,4,and61oftheUnitedStatesInternalRevenueCodeof1986,asamended(the“Code”).TheEscrowAgentshallhavethesolerighttomakethedeterminationastowhichpaymentsare“reportablepayments”or“withholdablepayments.”AllpartiestothisAgreementshallprovideanexecutedIRSFormW-9orappropriateIRSFormW-8(or,ineachcase,anysuccessorform)totheEscrowAgentpriortothedatehereof,andshallpromptlyupdateanysuchformtotheextentsuchformbecomesobsoleteorinaccurateinanyrespect.TheEscrowAgentshallhavetherighttorequestfromanyPartytothisAgreement,oranyotherpersonorentityentitledtopaymenthereunder,anyadditionalforms,documentationorotherinformationasmaybereasonablynecessaryfortheEscrowAgenttosatisfyitsreportingandwithholdingobligationsundertheCode.TotheextentanysuchformstobedeliveredunderthisSection1.5(b)arenotprovidedpriortothedatehereoforbythetimetherelatedpaymentisrequiredtobemadeorare

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determinedbytheEscrowAgenttobeincompleteand/orinaccurateinanyrespect,theEscrowAgentshallbeentitledtowithhold(withoutliability)aportionofanyincomederivedfromtheEscrowPropertyoronanysuchpaymentshereundertotheextentwithholdingisrequiredunderChapters3,4,or61oftheCode,andshallhavenoobligationtogrossupanysuchpayment.

(c)TotheextentthattheEscrowAgentbecomesliableforthepaymentofanytaxesinrespectofincomederivedfromtheEscrowProperty,theEscrowAgentshallsatisfysuchliabilitytotheextentpossiblefromtheEscrowProperty.TheParties,severallyandnotjointly,shallindemnify,defendandholdtheEscrowAgentharmlessfromandagainstanytax,latepayment,interest,penaltyorothercostorexpensethatmaybeassessedagainsttheEscrowAgentonorwithrespecttotheEscrowUnitsunlesssuchtax,latepayment,interest,penaltyorotherexpensewasdirectlycausedbythegrossnegligenceorwillfulmisconductoftheEscrowAgent.TheindemnificationprovidedbythisSection1.5(c)isinadditiontotheindemnificationprovidedinSection3.1andshallsurvivetheresignationorremovaloftheEscrowAgentandtheterminationofthisAgreement.

(d)ThePartiesheretoacknowledgethat,inordertohelpfightthefundingofterrorismandmoneylaunderingactivities,federallawrequiresallfinancialinstitutionstoobtain,verifyandrecordinformationthatidentifieseachpersonorcorporationwhoopensanaccountand/orentersintoabusinessrelationship.ThePartiesherebyagreethattheyshallprovidetheEscrowAgentwithsuchinformationastheEscrowAgentmayrequestincluding,butnotlimitedto,eachParty’sname,physicaladdress,taxidentificationnumberandotherinformationthatwillassisttheEscrowAgentinidentifyingandverifyingeachParty’sidentitysuchasorganizationaldocuments,certificatesofgoodstanding,licensestodobusiness,orotherpertinentidentifyinginformation.

(e)NotwithstandinganythingtothecontrarycontainedinthisAgreement,uponreceiptofTaxDistributionInstructions(asdefinedbelow)whichmaybedeliveredonaquarterlybasis,EscrowAgentshallpaytoHoldingsLPtheTaxDistributionAmount(asdefinedbelow)setforthinsuchTaxDistributionInstructionsfromanycashdistributionsreceivedbyEscrowAgentontheEscrowUnits.ForpurposesofthisAgreement,“TaxDistributionAmount”shallmeantheamountnecessaryforHoldingsLPtodistributeonaquarterlybasisanyrequiredtaxdistributionspursuanttotheHoldingsLPOrganizationalDocumentsineffectasofthedatehereofrelatedtoanyincomeallocatedtoHoldingsLPinconnectionwiththeEscrowUnits,asdeterminedinthereasonablediscretionofHoldingsLPbasedon(i)therequirementsoftheHoldingsLPOrganizationalDocumentsineffectasofthedatehereofand(ii)AMID’sexpectedprofitandlossallocationsfortherelevantperiod,asdeterminedinthereasonablediscretionofAMID.HoldingsLPandAMIDagreetocooperatewitheachotherandactreasonablyandingoodfaithinthedeterminationofthequarterlyTaxDistributionAmountandtimelyrequestforpaymentinaccordancewiththisAgreementandtheHoldingsLPOrganizationalDocuments.ForpurposesofthisAgreement,“TaxDistributionInstructions”shallmeanjointwritteninstructionsfromHoldingsLPandAMIDtoEscrowAgentsettingforth,andrequestingpaymentof,anyTaxDistributionAmountwhichshallbedeliveredtoEscrowAgentnomorefrequentlythanonceeachcalendarquarter.

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Section1.6.Termination.ThisAgreementshallterminateuponthedisbursementofalloftheEscrowPropertyexceptthattheprovisionsofSections1.5(c),Section3.1andSection3.2hereofshallsurvivetermination,andtheEscrowAgentisauthorizedanddirectedtodisbursetheEscrowPropertyinaccordancewithSection1.3.

ARTICLE2DUTIESOFTHEESCROWAGENT

Section2.1.ScopeofResponsibility.Notwithstandinganyprovisiontothecontrary,theEscrowAgentisobligatedonlytoperformthedutiesspecificallysetforthinthisAgreement,whichshallbedeemedpurelyministerialinnature.UndernocircumstancewilltheEscrowAgentbedeemedtobeafiduciarytoanyPartyoranyotherpersonunderthisAgreement.TheEscrowAgentwillnotberesponsibleorliableforthefailureofanyPartytoperforminaccordancewiththisAgreement.TheEscrowAgentshallneitherberesponsiblefor,norchargeablewith,knowledgeofthetermsandconditionsofanyotheragreement,instrument,ordocumentotherthanthisAgreement,whetherornotanoriginaloracopyofsuchagreementhasbeenprovidedtotheEscrowAgent;andtheEscrowAgentshallhavenodutytoknoworinquireastotheperformanceornonperformanceofanyprovisionofanysuchagreement,instrument,ordocument.ReferencesinthisAgreementtoanyotheragreement,instrument,ordocumentarefortheconvenienceoftheParties,andtheEscrowAgenthasnodutiesorobligationswithrespectthereto.TheEscrowAgentwillnotberesponsiblefordeterminingormakinginquiryintoanyterm,capitalized,orotherwise,notdefinedherein.ThisAgreementsetsforthallmatterspertinenttotheescrowcontemplatedhereunder,andnoadditionalobligationsoftheEscrowAgentshallbeinferredorimpliedfromthetermsofthisAgreementoranyotheragreement.

Section2.2.Reliance.TheEscrowAgentshallnotbeliableforanyactiontakenornottakenbyitinaccordancewiththedirectionorconsentofthePartiesortheirrespectiveagents,representatives,successors,orassigns.TheEscrowAgentshallnotbeliableforactingorrefrainingfromactinguponanynotice,request,consent,direction,requisition,certificate,order,affidavit,letterorotherpaperordocumentbelievedbyittobegenuineandcorrectandtohavebeensignedorsentbytheproperpersonorpersons,withoutfurtherinquiryintothepersonorperson’sauthority.ConcurrentwiththeexecutionofthisAgreement,thePartiesshalldelivertotheEscrowAgentExhibitB-1andExhibitB-2,whichcontainauthorizedsignerdesignationsinPartIthereof.

Section2.3.RightNotDutyUndertaken.ThepermissiverightsoftheEscrowAgenttodothingsenumeratedinthisAgreementshallnotbeconstruedasduties.

Section2.4.AttorneysandAgents.TheEscrowAgentshallbeentitledtorelyonandshallnotbeliableforanyactiontakenoromittedtobetakenbytheEscrowAgentinaccordancewiththeadviceofcounselorotherprofessionalsretainedorconsultedbytheEscrowAgent.TheEscrowAgentshallbereimbursedassetforthinSection3.1foranyandallreasonableanddocumentedcompensation(fees,expensesandothercosts)paidand/orreimbursedtosuchcounseland/orprofessionals.TheEscrowAgentmayperformanyandallofitsdutiesthroughitsagents,representatives,attorneys,custodians,and/ornominees.

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Section2.5.NoFinancialObligation.NoprovisionofthisAgreementshallrequiretheEscrowAgenttoriskoradvanceitsownfundsorotherwiseincuranyfinancialliabilityorpotentialfinancialliabilityintheperformanceofitsdutiesortheexerciseofitsrightsunderthisAgreement.

ARTICLE3PROVISIONSCONCERNINGTHEESCROWAGENT

Section3.1.Indemnification.TheParties,jointlyandseverally,shallindemnify,defendandholdharmlesstheEscrowAgentfromandagainstanyandallloss,liability,cost,damageandexpense,including,withoutlimitation,attorneys’feesandexpensesorotherreasonableprofessionalfeesandexpenseswhichtheEscrowAgentmaysufferorincurbyreasonofanyaction,claimorproceedingbroughtagainsttheEscrowAgent,arisingoutofthisAgreementoranytransactiontowhichthisAgreementrelates,unlesssuchloss,liability,cost,damageorexpenseshallhavebeenfinallyadjudicatedtohavebeendirectlycausedbytheownfraud,willfulmisconductorgrossnegligenceoftheEscrowAgent.SolelyamongtheParties,andwithoutlimitingtheobligationsofthePartiesunderthisSection3.1,suchindemnificationobligations,ifany,shallbepaidseverallyamongAMIDandHoldingsLP.TheprovisionsofthisSection3.1shallsurvivetheresignationorremovaloftheEscrowAgentandtheterminationofthisAgreement.

Section3.2.LimitationofLiability.THEESCROWAGENTSHALLNOTBELIABLE,DIRECTLYORINDIRECTLY,FORANY(I)DAMAGES,LOSSESOREXPENSESARISINGOUTOFTHESERVICESPROVIDEDHEREUNDER,OTHERTHANDAMAGES,LOSSESOREXPENSESWHICHHAVEBEENFINALLYADJUDICATEDTOHAVEDIRECTLYRESULTEDFROMTHEESCROWAGENT’SOWNFRAUD,GROSSNEGLIGENCEORWILLFULMISCONDUCT,OR(II)SPECIAL,INDIRECT,PUNITIVE,ORCONSEQUENTIALDAMAGESORLOSSESOFANYKINDWHATSOEVER(INCLUDINGWITHOUTLIMITATIONLOSTPROFITS),EVENIFTHEESCROWAGENTHASBEENADVISEDOFTHEPOSSIBILITYOFSUCHLOSSESORDAMAGESANDREGARDLESSOFTHEFORMOFACTION.

Section3.3.ResignationorRemoval.TheEscrowAgentmayresignatanytimebyfurnishingatleast60calendardays’priorwrittennoticeofitsresignationtotheParties;provided,thatnosuchresignationshallbeeffectiveuntiltheappointmentofasuccessorescrowagentthatmeetscertainqualifications(whicharetobedeterminedinthesolediscretionofthePartiesincluding,butnotlimitedto,havingcapitalandsurplusofatleast$500,000,000).IfthePartieshavefailedtoappointasuccessorescrowagentpriortotheexpirationof30calendardaysfollowingthedeliveryofnoticeofresignationbytheEscrowAgent,theEscrowAgentmaypetitionanycourtofcompetentjurisdictionfortheappointmentofasuccessorescrowagentorforotherappropriaterelief,andanysuchresultingappointmentshallbebindingupontheParties.

Section3.4.Compensation.TheEscrowAgentshallbeentitledtocompensationforitsservicesasstatedinthefeescheduleattachedheretoasExhibitC,whichcompensationshallbepaidone-halfbyHoldingsLPandone-halfbyAMID.ThefeeagreeduponfortheservicesrenderedhereunderisintendedasfullcompensationfortheEscrowAgent’sservicesas

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contemplatedbythisAgreement;provided,however,thatintheeventthattheconditionsforthedisbursementoffundsunderthisAgreementarenotfulfilled,ortheEscrowAgentrendersanyservicenotcontemplatedinthisAgreementatthedirectionofanyParty,oranymaterialmodificationhereof,orifanymaterialcontroversyariseshereunder,ortheEscrowAgentismadeapartytoanylitigationpertainingtothisAgreementorthesubjectmatterhereof,thentheEscrowAgentshallbecompensatedforsuchextraordinaryservicesandreimbursedforallcostsandexpenses,includingreasonableattorneys’feesandexpenses,occasionedbyanysuchdelay,controversy,litigationorevent.TheEscrowAgentshallhave,andisherebygranted,therighttosetoffanddeductanyunpaidfees,non-reimbursedexpensesandunsatisfiedindemnificationrightsfromtheEscrowPropertyintheeventsuchfees,expensesandindemnificationobligationsarenotpaidwithin45calendardaysafterEscrowAgenthasprovidedwrittennoticetothePartiesthatsuchfees,expensesorindemnificationobligationsaredue.

Section3.5.Disagreements.Ifanyconflict,disagreementordisputearisesbetween,among,orinvolvinganyofthepartiesheretoconcerningthemeaningorvalidityofanyprovisionhereunderorconcerninganyothermatterrelatingtothisAgreement,ortheEscrowAgentisindoubtastotheactiontobetakenhereunder,theEscrowAgentmay,atitsoption,retaintheEscrowPropertyuntiltheEscrowAgent(i)receivesaFinalOrder,(ii)receivesaJointInstructionLetterdirectingdeliveryoftheEscrowProperty,inwhicheventtheEscrowAgentshallbeauthorizedtodisbursetheEscrowPropertyinaccordancewithsuchfinalcourtorder,arbitrationdecision,orJointInstructionLetter,or(iii)filesaninterpleaderactioninanycourtofcompetentjurisdiction,anduponthefilingthereof,theEscrowAgentshallberelievedofallliabilityastotheEscrowPropertyandshallbeentitledtorecoverattorneys’fees,expensesandothercostsincurredincommencingandmaintaininganysuchinterpleaderaction.AnysuchFinalOrdershallbeaccompaniedbyawritteninstrumentofthepresentingPartycertifyingthatsuchFinalOrderisfinal,non-appealableandfromacourtofcompetentjurisdictionorfromacompetentarbitrationpanel,uponwhichinstrumenttheEscrowAgentshallbeentitledtoconclusivelyrelywithoutfurtherinvestigation.TheEscrowAgentshallbeentitledtoactonanysuchagreement,courtorder,orarbitrationdecisionwithoutfurtherquestion,inquiry,orconsent.

Section3.6.MergerorConsolidation.AnycorporationorassociationintowhichtheEscrowAgentmaybeconvertedormerged,orwithwhichitmaybeconsolidated,ortowhichitmaysellortransferallorsubstantiallyallofitscorporatetrustbusinessandassetsasawholeorsubstantiallyasawhole,oranycorporationorassociationresultingfromanysuchconversion,sale,merger,consolidationortransfertowhichtheEscrowAgentisaparty,shallbeandbecomethesuccessorescrowagentunderthisAgreementandshallhaveandsucceedtotherights,powers,duties,immunitiesandprivilegesasitspredecessor,withouttheexecutionorfilingofanyinstrumentorpaperortheperformanceofanyfurtheract.

Section3.7.AttachmentofEscrowProperty;CompliancewithLegalOrders.IntheeventthatanyEscrowPropertyshallbeattached,garnishedorlevieduponbyanycourtorder,orthedeliverythereofshallbestayedorenjoinedbyanorderofacourt,oranyorder,judgmentordecreeshallbemadeorenteredbyanycourtorderaffectingtheEscrowProperty,theEscrowAgentisherebyexpresslyauthorized,initssolediscretion,torespondasitdeemsappropriateortocomplywithallwrits,ordersordecreessoenteredorissued,orwhichitisadvisedbylegalcounselofitsownchoosingisbindinguponit,whetherwithorwithoutjurisdiction.Intheevent

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thattheEscrowAgentobeysorcomplieswithanysuchwrit,orderordecreeitshallnotbeliabletoanyofthePartiesortoanyotherperson,firmorcorporation,should,byreasonofsuchcompliancenotwithstanding,suchwrit,orderordecreebesubsequentlyreversed,modified,annulled,setasideorvacated.TheEscrowAgentshallfurtherhavenoobligationtopursueanyactionthatisnotinaccordancewithapplicablelaw.

Section3.8ForceMajeure.TheEscrowAgentshallnotberesponsibleorliableforanyfailureordelayintheperformanceofitsobligationunderthisAgreementarisingoutoforcaused,directlyorindirectly,bycircumstancesbeyonditsreasonablecontrol,including,withoutlimitation,actsofGod;earthquakes;fire;flood;wars;actsofterrorism;civilormilitarydisturbances;sabotage;epidemic;riots;interruptions,lossormalfunctionsofutilities,computer(hardwareorsoftware)orcommunicationservices;accidents;labordisputes;actsofcivilormilitaryauthorityorgovernmentalaction;itbeingunderstoodthattheEscrowAgentshallusecommerciallyreasonableeffortswhichareconsistentwithacceptedpracticesinthebankingindustrytoresumeperformanceassoonasreasonablypracticableunderthecircumstances.

ARTICLE4MISCELLANEOUS

Section4.1.BindingAgreement,SuccessorsandAssigns.ThePartiesandEscrowAgentrepresentandwarrantthattheexecutionanddeliveryofthisAgreementandtheperformanceofsuchparty’sobligationshereunderhavebeendulyauthorizedandthattheAgreementisavalidandlegalagreementbindingonsuchpartyandenforceableinaccordancewithitsterms.ThisAgreementshallbebindingonandinuretothebenefitofthePartiesandtheEscrowAgentandtheirrespectivesuccessorsandpermittedassigns.NootherpersonsshallhaveanyrightsunderthisAgreement.NoassignmentoftheinterestofanyofthePartiesshallbebindingunlessanduntilwrittennoticeofsuchassignmentshallbedeliveredtotheotherPartyandtheEscrowAgent.EscrowAgentshallapproveallrequireddocumentationasdescribedinSection1.5(d)ofanyassigneebeforeanyassignmentunderthisEscrowAgreementshallbebinding.

Section4.2.Escheat.ThePartiesareawarethatunderapplicablestatelaw,propertywhichispresumedabandonedmayundercertaincircumstancesescheattotheapplicablestate.TheEscrowAgentshallhavenoliabilitytotheParties,theirrespectiveheirs,legalrepresentatives,successorsandassigns,oranyotherparty,shouldanyoralloftheEscrowPropertyescheatbyoperationoflaw.

Section4.3.Notices.Allnotices,requests,demands,andothercommunicationsrequiredunderthisAgreementshallbeinwriting,inEnglish,andshallbedeemedtohavebeendulygivenifdelivered(i)personally,(ii)byfacsimiletransmissionwithwrittenconfirmationofreceipt,(iii)onthedayoftransmissionifsentbyelectronicmail(“e-mail”),aslongassuche-mailisaccompaniedbyaPDFsignatureorsimilarversionoftherelevantdocumentbearinganauthorizedsignature,whichsuchsignatureshall,inthecaseofeachoftheParties,beasignaturesetforthinExhibitB-1orB-2,asapplicabletothee-mailaddressgivenbelow,andwrittenconfirmationofreceiptisobtainedpromptlyaftercompletionoftransmission,(iv)byovernightdeliverywithareputablenationalovernightdeliveryservice,or(v)bymailorbycertifiedmail,returnreceiptrequested,andpostageprepaid.Ifanynoticeismailed,itshallbedeemedgiven

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fiveBusinessDaysafterthedatesuchnoticeisdepositedintheUnitedStatesmail.ForthepurposeofthisAgreement,“BusinessDay”shallmeananydayotherthanaSaturday,aSunday,afederalorstateholiday,andanyotherdayonwhichtheEscrowAgentisclosed.Ifnoticeisgiventoaparty,itshallbegivenattheaddressforsuchpartysetforthbelow.ItshallbetheresponsibilityofthePartiestonotifytheEscrowAgentandtheotherPartyinwritingofanynameoraddresschanges.InthecaseofcommunicationsdeliveredtotheEscrowAgent,suchcommunicationsshallbedeemedtohavebeengivenonthedatereceivedbytheEscrowAgent.

IftoAMIDto:

AmericanMidstreamPartners,LP2103CityWestBlvd.Houston,Texas77042Facsimile:[•]Attention:GeneralCounselEmail:[email protected]

Withacopy,whichshallnotconstitutenotice,to:

Gibson,Dunn&CrutcherLLP1221McKinneyStreetHouston,Texas77010Facsimile:(346)718-6901Attention:TullR.Florey;HillaryH.HolmesE-mail:[email protected];[email protected]

IftoHoldingsLPto:

TailwaterCapitalLLC2021McKinneyAve.Suite1250Dallas,TX75201Facsimile:[•]Attention:DavidCecereE-mail:[email protected]

EIGGlobalEnergyPartners333ClayStreet,Suite3500Houston,Texas77002Facsimile:[•]Attention:MatthewHartmanE-mail:[email protected]

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SpecialA-2CommitteeoftheBoardofDirectorsofSouthcrossHoldingsGPLLCc/oJonesDay717Texas,Suite3300Houston,Texas,77002Facsimile:(832)239-3600Attention:EmilyLeitchE-mail:[email protected]@jonesday.com


LockeLordLLP600TravisStreet,Suite2800Houston,Texas77002Facsimile:(713)546-5401Attention:H.WilliamSwanstromE-mail:[email protected]

and

LockeLordLLP600CongressAvenue,Suite2200Austin,Texas78701Facsimile:(512)391-4818Attention:MichelleEarlyE-mail:[email protected]

IftotheEscrowAgent:

WellsFargoBank,NationalAssociation1445RossAvenue,Suite4300Dallas,Texas75202Attention:AlexanderS.Grose;Corporate,MunicipalandEscrowSolutionsTelephone:(469)729-7621Facsimile:(469)729-7638E-mail:[email protected]

Section4.4.GoverningLaw.ThisAgreementandalldisputesorcontroversiesarisingoutoforrelatingtothisAgreementshallbegovernedby,andconstruedinaccordancewith,thelawsoftheStateofDelaware,applicabletocontractsexecutedinandtobeperformedentirelywithinthatStatewithoutgivingeffecttothechoiceoflawprinciplesofsuchstatethatwouldrequireorpermittheapplicationoftheLawsofanotherjurisdiction.EachofthepartiesheretoirrevocablyagreesthatanylegalactionorproceedingwithrespecttothisAgreementandtherightsandobligationsarisinghereunderbroughtbytheotherpartyheretooritssuccessorsorassigns,shallbebroughtanddeterminedexclusivelyintheDelawareCourtofChanceryandanystateappellatecourttherefromwithintheStateofDelaware(or,iftheDelawareCourtofChancerydeclinestoacceptjurisdictionoveraparticularmatter,anystateorfederalcourtwithintheState

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ofDelaware).Eachofthepartiesheretoherebyirrevocablysubmitswithregardtoanysuchactionorproceedingforitselfandinrespectofitsproperty,generallyandunconditionally,tothepersonaljurisdictionoftheaforesaidcourtsandagreesthatitwillnotbringanyactionrelatingtothisAgreementoranyofthetransactionscontemplatedherebyinanycourtotherthantheaforesaidcourts.Eachofthepartiesheretoherebyirrevocablywaives,andagreesnottoassertasadefense,counterclaimorotherwise,inanyactionorproceedingwithrespecttothisAgreement,(i)anyclaimthatitisnotpersonallysubjecttothejurisdictionoftheabovenamedcourtsforanyreasonotherthanthefailuretoserveinaccordancewiththisSection4.4,(ii)anyclaimthatitoritspropertyisexemptorimmunefromthejurisdictionofanysuchcourtorfromanylegalprocesscommencedinsuchcourts(whetherthroughserviceofnotice,attachmentpriortojudgment,attachmentinaidofexecutionofjudgment,executionofjudgmentorotherwise)and(iii)tothefullestextentpermittedbyapplicableLaw,anyclaimthat(x)thesuit,actionorproceedinginsuchcourtisbroughtinaninconvenientforum,(y)thevenueofsuchsuit,actionorproceedingisimproperor(z)thisAgreement,orthesubjectmatterhereof,maynotbeenforcedinorbysuchcourts.Notwithstandingtheforegoing,eachofthepartiesagreesthatajudgment,decreeorawardrenderedbyanysuchcourtinDelawaremaybeenforcedinotherjurisdictionsbysuitonthejudgmentorinanyothermanyprovidedbyLaw.

Section4.5.EntireAgreement.ThisAgreement,togetherwiththeContributionAgreement,(exceptfortheContributionAgreementwithrespecttoHoldingsLPandAMIDonly)(a)constitutetheentireagreement,andsupersedeallotherprioragreementsandunderstandings,bothwrittenandoral,amongthepartieswithrespecttothesubjectmatterofthisAgreementandthereofand(b)shallnotconferuponanyPersonotherthanthepartiesheretoanyrights(includingthird-partybeneficiaryrightsorotherwise)orremedieshereunder.

Section4.6.Amendment.ThisAgreementmaybeamended,modified,superseded,rescinded,orcanceledonlybyawritteninstrumentexecutedbythePartiesandtheEscrowAgent.

Section4.7.Waivers.ThefailureofanypartytothisAgreementatanytimeortimestorequireperformanceofanyprovisionunderthisAgreementshallinnomanneraffecttherightatalatertimetoenforcethesameperformance.AwaiverbyanypartytothisAgreementofanysuchconditionorbreachofanyterm,covenant,representation,orwarrantycontainedinthisAgreement,inanyoneormoreinstances,shallneitherbeconstruedasafurtherorcontinuingwaiverofanysuchconditionorbreachnorawaiverofanyotherconditionorbreachofanyotherterm,covenant,representation,orwarrantycontainedinthisAgreement.

Section4.8.Headings.SectionheadingsofthisAgreementhavebeeninsertedforconvenienceofreferenceonlyandshallinnowayrestrictorotherwisemodifyanyofthetermsorprovisionsofthisAgreement.

Section4.9.Counterparts.ThisAgreementmaybeexecutedinoneormorecounterparts,eachofwhich,whenexecutedshallbedeemedtobeanoriginalandallofwhichshalltogetherconstituteoneandthesamedocument.TheexchangeofcopiesofthisAgreementandofsignaturepagesbyfacsimileorbyelectronicimagescantransmissionin.pdfformatshallconstituteeffectiveexecutionanddeliveryofthisAgreementastothePartiesandtheEscrowAgentandmaybeusedinlieuoftheoriginalAgreementforallpurposes.

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Section4.10.TrialbyJury.EACHPARTYHEREBYIRREVOCABLYWAIVESALLRIGHTTOTRIALBYJURYINANYACTION,PROCEEDINGORCOUNTERCLAIM(WHETHERBASEDONCONTRACT,TORTOROTHERWISE)ARISINGOUTOFORRELATINGTOTHISAGREEMENT,ORTHEACTIONSOFANYPARTYINTHENEGOTIATION,ADMINISTRATION,PERFORMANCEANDENFORCEMENTOFTHISAGREEMENT.

Section4.11.Publication;Disclosure.ByexecutingthisAgreement,thePartiesandtheEscrowAgentacknowledgethatthisAgreement(includingrelatedattachments)containscertaininformationthatissensitiveandconfidentialinnatureandagreethatsuchinformationneedstobeprotectedfromimproperdisclosure,includingthepublicationordisseminationofthisAgreementandrelatedinformationtoindividualsorentitiesnotapartytothisAgreement.ThePartiesfurtheragreetotakereasonablemeasurestomitigateanyrisksassociatedwiththepublicationordisclosureofthisAgreementandinformationcontainedtherein,including,withoutlimitation,theredactionofthemanualsignaturesofthesignatoriestothisAgreement,or,inthealternative,publishingaconformedcopyofthisAgreement.IfaPartyortheEscrowAgentmustdiscloseorpublishthisAgreementorinformationcontainedthereinpursuanttoanyregulatory,statutory,orgovernmentalrequirement,aswellasanyjudicial,oradministrativeorder,subpoenaordiscoveryrequest,itshallnotifyinwritingtheotherpartiesheretoatthetimeofexecutionofthisAgreementofthelegalrequirementtodoso.Ifanypartyheretobecomesawareofanythreatenedoractualunauthorizeddisclosure,publicationoruseofthisAgreement,thatpartyshallpromptlynotifyinwritingtheotherPartiesandtheEscrowAgentandshallbeliableforanyunauthorizedreleaseordisclosure.

Section4.12.Severability.IfanytermorotherprovisionofthisAgreementisdeterminedbyacourtofcompetentjurisdictionorbyfuturelegislativeactiontobeinvalid,illegalorincapableofbeingenforcedbyanyruleoflaworpublicpolicy,allotherterms,provisionsandconditionsofthisAgreementshallneverthelessremaininfullforceandeffect.Uponsuchdeterminationthatanytermorotherprovisionisinvalid,illegalorincapableofbeingenforced,thepartiesheretoshallnegotiateingoodfaithtomodifythisAgreementsoastoeffecttheoriginalintentofthepartiesascloselyaspossibletothefullestextentpermittedbyapplicablelawinanacceptablemannertotheendthatthetransactionscontemplatedherebyarefulfilledtotheextentpossible.

[Signaturepagesfollow.]

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INWITNESSWHEREOF,thisAgreementhasbeendulyexecutedasofthedatefirstwrittenabove.

AMID:


By: American Midstream GP, LLC,its General Partner


HOLDINGS LP:


By:Southcross Energy Partners GP, LLC,its General Partner


S-1

ESCROW AGENT:

WELLS FARGO BANK, NATIONAL ASSOCIATION

By: /s/AmyC.PerkinsName: AmyC.PerkinsTitle: VicePresident

S-1

EXHIBITA

[RESERVED]

EXHIBITB-1

AmericanMidstreamPartners,LP(“AMID”)certifiesthatthenames,titles,telephonenumbers,e-mailaddressesandspecimensignaturessetforthinPartsIandIIofthisExhibitB-1identifythepersonsauthorizedtoprovidedirectionandinitiateorconfirmtransactions,includingfundstransferinstructions,onbehalfofAMID,andthattheoptioncheckedinPartIIIofthisExhibitB-1isthesecurityprocedureselectedbyAMIDforuseinverifyingthatafundstransferinstructionreceivedbytheEscrowAgentisthatofAMID.

AMIDhasreviewedeachofthesecurityproceduresandhasdeterminedthattheoptioncheckedinPartIIIofthisExhibitB-1bestmeetsitsrequirements;giventhesize,typeandfrequencyoftheinstructionsitwillissuetotheEscrowAgent.ByselectingthesecurityprocedurespecifiedinPartIIIofthisExhibitB-1,AMIDacknowledgesthatithaselectedtonotusetheothersecurityproceduresdescribedandagreestobeboundbyanyfundstransferinstruction,whetherornotauthorized,issuedinitsnameandacceptedbytheEscrowAgentincompliancewiththeparticularsecurityprocedurechosenbyAMID.

NOTICE:ThesecurityprocedureselectedbyAMIDwillnotbeusedtodetecterrorsinthefundstransferinstructionsgivenbyAMID.Ifafundstransferinstructiondescribesthebeneficiaryofthepaymentinconsistentlybynameandaccountnumber,paymentmaybemadeonthebasisoftheaccountnumberevenifitidentifiesapersondifferentfromthenamedbeneficiary.Ifafundstransferinstructiondescribesaparticipatingfinancialinstitutioninconsistentlybynameandidentificationnumber,theidentificationnumbermayberelieduponastheproperidentificationofthefinancialinstitution.Therefore,itisimportantthatAMIDtakesuchstepsasitdeemsprudenttoensurethattherearenosuchinconsistenciesinthefundstransferinstructionsitsendstotheEscrowAgent.

Part I

Name, Title, Telephone Number, Electronic Mail (“e-mail”) Address and SpecimenSignature for person(s) designated to provide direction, including but not limited to funds

transfer instructions, and to otherwise act on behalf of AMIDName Title TelephoneNumber E-mailAddress SpecimenSignature

Part II

Name, Title, Telephone Number and E-mail Address forperson(s) designated to confirm funds transfer instructions

Name Title TelephoneNumber E-mailAddress

Part III

Means for delivery of instructions and/or confirmations

Thesecurityproceduretobeusedwithrespecttofundstransferinstructionsischeckedbelow:

Option 1. Confirmation by telephone call-back .TheEscrowAgentshallconfirmfundstransferinstructionsbytelephonecall-backtoapersonatthetelephonenumberdesignatedonPartIIabove.Thepersonconfirmingthefundstransferinstructionshallbeapersonotherthanthepersonfromwhomthefundstransferinstructionwasreceived,unlessonlyonepersonisdesignatedinbothPartsIandIIofthisExhibitB-1.

CHECKbox,ifapplicable:

IftheEscrowAgentisunabletoobtainconfirmationbytelephonecall-back,theEscrowAgentmay,atitsdiscretion,confirmbye-mail,asdescribedinOption2.

Option 2. Confirmation by e-mail .TheEscrowAgentshallconfirmfundstransferinstructionsbye-mailtoapersonatthee-mailaddressspecifiedforsuchpersoninPartIIofthisExhibitB-1.Thepersonconfirmingthefundstransferinstructionshallbeapersonotherthanthepersonfromwhomthefundstransferinstructionwasreceived,unlessonlyonepersonisdesignatedinbothPartsIandIIofthisExhibitB-1.AMIDunderstandstherisksassociatedwithcommunicatingsensitivematters,includingtimesensitivematters,bye-mail.AMIDfurtheracknowledgesthatinstructionsanddatasentbye-mailmaybelessconfidentialorsecurethaninstructionsordatatransmittedbyothermethods.TheEscrowAgentshallnotbeliableforanylossoftheconfidentialityofinstructionsanddatapriortoreceiptbytheEscrowAgent.


IftheEscrowAgentisunabletoobtainconfirmationbye-mail,theEscrowAgentmay,atitsdiscretion,confirmbytelephonecall-back,asdescribedinOption1.

*Option 3. Delivery of funds transfer instructions by password protected file transfer system only—no confirmation .TheEscrowAgentofferstheoptiontodeliverfundstransferinstructionsthroughapasswordprotectedfiletransfersystem.IfAMIDwishestousethepasswordprotectedfiletransfersystem,furtherinstructionswillbeprovidedbytheEscrowAgent.IfAMIDchoosesthisOption3,itagreesthatnofurtherconfirmationoffundstransferinstructionswillbeperformedbytheEscrowAgent.

*Option 4. Delivery of funds transfer instructions by password protected file transfer system with confirmation .SameasOption3above,buttheEscrowAgentshallconfirmfundstransferinstructionsbytelephonecall-backore-mail(mustcheckatleastone,maycheckboth)toapersonatthetelephonenumberore-mailaddressdesignatedonPartIIabove.Bycheckingaboxinthepriorsentence,thepartyshallbedeemedtohaveagreedtothetermsofsuchconfirmationoptionasmorefullydescribedinOption1andOption2above.

* The password protected file system has a password that expires every 60 days. If you anticipate having infrequent activity on this account, please consult

with your Escrow Agent before selecting this option .

Dated this day of , 2017.

By Name: Title:

EXHIBITB-2

HoldingsLPcertifiesthatthenames,titles,telephonenumbers,e-mailaddressesandspecimensignaturessetforthinPartsIandIIofthisExhibitB-2identifythepersonsauthorizedtoprovidedirectionandinitiateorconfirmtransactions,includingfundstransferinstructions,onbehalfofHoldingsLP,andthattheoptioncheckedinPartIIIofthisExhibitB-2isthesecurityprocedureselectedbyHoldingsLPforuseinverifyingthatafundstransferinstructionreceivedbytheEscrowAgentisthatofHoldingsLP.

HoldingsLPhasreviewedeachofthesecurityproceduresandhasdeterminedthattheoptioncheckedinPartIIIofthisExhibitB-2bestmeetsitsrequirements;giventhesize,typeandfrequencyoftheinstructionsitwillissuetotheEscrowAgent.ByselectingthesecurityprocedurespecifiedinPartIIIofthisExhibitB-2,HoldingsLPacknowledgesthatithaselectedtonotusetheothersecurityproceduresdescribedandagreestobeboundbyanyfundstransferinstruction,whetherornotauthorized,issuedinitsnameandacceptedbytheEscrowAgentincompliancewiththeparticularsecurityprocedurechosenbyHoldingsLP.

NOTICE:ThesecurityprocedureselectedbyHoldingsLPwillnotbeusedtodetecterrorsinthefundstransferinstructionsgivenbyHoldingsLP.Ifafundstransferinstructiondescribesthebeneficiaryofthepaymentinconsistentlybynameandaccountnumber,paymentmaybemadeonthebasisoftheaccountnumberevenifitidentifiesapersondifferentfromthenamedbeneficiary.Ifafundstransferinstructiondescribesaparticipatingfinancialinstitutioninconsistentlybynameandidentificationnumber,theidentificationnumbermayberelieduponastheproperidentificationofthefinancialinstitution.Therefore,itisimportantthatHoldingsLPtakesuchstepsasitdeemsprudenttoensurethattherearenosuchinconsistenciesinthefundstransferinstructionsitsendstotheEscrowAgent.

Part I

Name, Title, Telephone Number, Electronic Mail (“e-mail”) Address and SpecimenSignature for person(s) designated to provide direction, including but not limited to funds

transfer instructions, and to otherwise act on behalf of Holdings LPName Title TelephoneNumber E-mailAddress SpecimenSignature

Part II

Name, Title, Telephone Number and E-mail Address forperson(s) designated to confirm funds transfer instructions

Name Title TelephoneNumber E-mailAddress

Part III

Means for delivery of instructions and/or confirmations

Thesecurityproceduretobeusedwithrespecttofundstransferinstructionsischeckedbelow:

Option 1. Confirmation by telephone call-back .TheEscrowAgentshallconfirmfundstransferinstructionsbytelephonecall-backtoapersonatthetelephonenumberdesignatedonPartIIabove.Thepersonconfirmingthefundstransferinstructionshallbeapersonotherthanthepersonfromwhomthefundstransferinstructionwasreceived,unlessonlyonepersonisdesignatedinbothPartsIandIIofthisExhibitB-2.


IftheEscrowAgentisunabletoobtainconfirmationbytelephonecall-back,theEscrowAgentmay,atitsdiscretion,confirmbye-mail,asdescribedinOption2.

Option 2. Confirmation by e-mail .TheEscrowAgentshallconfirmfundstransferinstructionsbye-mailtoapersonatthee-mailaddressspecifiedforsuchpersoninPartIIofthisExhibitB-2.Thepersonconfirmingthefundstransferinstructionshallbeapersonotherthanthepersonfromwhomthefundstransferinstructionwasreceived,unlessonlyonepersonisdesignatedinbothPartsIandIIofthisExhibitB-2.[“”]understandstherisksassociatedwithcommunicatingsensitivematters,includingtimesensitivematters,bye-mail.[“”]furtheracknowledgesthatinstructionsanddatasentbye-mailmaybelessconfidentialorsecurethaninstructionsordatatransmittedbyothermethods.TheEscrowAgentshallnotbeliableforanylossoftheconfidentialityofinstructionsanddatapriortoreceiptbytheEscrowAgent.


IftheEscrowAgentisunabletoobtainconfirmationbye-mail,theEscrowAgentmay,atitsdiscretion,confirmbytelephonecall-back,asdescribedinOption1.

*Option 3. Delivery of funds transfer instructions by password protected file transfer system only—no confirmation .TheEscrowAgentofferstheoptiontodeliverfundstransferinstructionsthroughapasswordprotectedfiletransfersystem.If[“”]wishestousethepasswordprotectedfiletransfersystem,furtherinstructionswillbeprovidedbytheEscrowAgent.If[“”]choosesthisOption3,itagreesthatnofurtherconfirmationoffundstransferinstructionswillbeperformedbytheEscrowAgent.

*Option 4. Delivery of funds transfer instructions by password protected file transfer system with confirmation .SameasOption3above,buttheEscrowAgentshallconfirmfundstransferinstructionsbytelephonecall-backore-mail(mustcheckatleastone,maycheckboth)toapersonatthetelephonenumberore-mailaddressdesignatedonPartIIabove.Bycheckingaboxinthepriorsentence,thepartyshallbedeemedtohaveagreedtothetermsofsuchconfirmationoptionasmorefullydescribedinOption1andOption2above.

* The password protected file system has a password that expires every 60 days. If you anticipate having infrequent activity on this account, please consult

with your Escrow Agent before selecting this option .

Dated this day of , 2017.

By Name: Title:

EXHIBITC

FEES OF ESCROW AGENT

AcceptanceFee $2,500.00

Aone-timefeeforourinitialreviewofgoverningdocuments,accountset-upandcustomarydutiesandresponsibilitiesrelatedtotheclosing.Thisfeeispayableatclosing.

AnnualAdministrationFee $7,500.00

Anannualfeeforcustomaryadministrativeservicesprovidedbytheescrowagent,includingdailyroutineaccountmanagement;cashmanagementtransactionsprocessing(includingwireandcheckprocessing),disbursementoffundsinaccordancewiththeagreement,taxreportingforoneentity,andprovidingaccountstatementstotheparties.Theadministrationfeeispayableannuallyinadvanceperescrowaccountestablished.Thefirstinstallmentoftheadministrativefeeispayableatclosing.

Out-of-PocketExpenses Atcost

Out-of-pocketexpenseswillbebilledasincurredatcostatthesolediscretionofWellsFargo.

ExtraordinaryServices Standardrate

ThechargesforperformingservicesnotcontemplatedatthetimeofexecutionofthegoverningdocumentsornotspecificallycoveredelsewhereinthisschedulewillbeatWellsFargo’sratesforsuchservicesineffectatthetimetheexpenseisincurred.Thereviewofcomplextaxforms,includingbywayofexamplebutnotlimitedtoIRSFormW-8IMY,shallbeconsideredextraordinaryservices.

Assumptions

Thisproposalisbaseduponthefollowingassumptionswithrespecttotheroleofescrowagent:

• Numberofescrowaccountstobeestablished:Two(2)

• Amountofescrow:approximately$1,000,000;Book-EntrySharesofAMIDattransferagent

• Termofescrow:Twelve(12)months

• Numberoftaxreportingparties:uptoTwo(2)

• Numberofpartiestothetransaction:Two(2)entities

• Numberofcashtransactions(deposits/disbursements):One(1)deposit,Two(2)disbursements

• FeesquotedassumealltransactionaccountbalanceswillbehelduninvestedorinvestedinselectWellsFargodepositproducts.

• Disbursementsshallbemadeonlytothepartiesspecifiedintheagreement.AnypaymentstootherpartiesareatthesolediscretionandsubjecttotherequirementsofWellsFargoandshallbeconsideredextraordinaryservices.

Terms and conditions

• TherecipientacknowledgesandagreesthatthisproposaldoesnotcommitorbindWellsFargotoenterintoacontractoranyotherbusinessarrangement,andthatacceptanceoftheappointmentdescribedinthisproposalisexpresslyconditionedon(1)compliancewiththerequirementsoftheUSAPatriotActof2001,describedbelow,(2)satisfactorycompletionofWellsFargo’sinternalaccountacceptanceprocedures,(3)WellsFargo’sreviewofallapplicablegoverningdocumentsanditsconfirmationthatalltermsandconditionspertainingtoitsrolearesatisfactorytoitand(4)executionofthegoverningdocumentsbyallapplicableparties.

• ShouldthistransactionfailtocloseorifWellsFargodeterminesnottoparticipateinthetransaction,anyacceptancefeeandanylegalfeesandexpensesmaybedueandpayable.

• Legalcounselfeesandexpenses,anyacceptancefeeandanyfirstyearannualadministrativefeearepayableatclosing.

• Anyannualfeecoversafullyearoranypartthereofandwillnotbeproratedorrefundedinayearofearlytermination.

• Shouldanyoftheassumptions,dutiesorresponsibilitiesofWellsFargochange,WellsFargoreservestherighttoaffirm,modifyorrescindthisproposal.

• Thefeesdescribedinthisproposalare12-monthssubjecttoperiodicreviewandadjustmentbyWellsFargo.

• Invoicesoutstandingforover30daysaresubjecttoa1.5%permonthlatepaymentpenalty.

• Thisfeeproposalisgoodfor90days.

Important information about identifying our customers

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and recordinformation that identifies each person (individual, corporation, partnership, trust, estate or other entity recognized as a legal person) for whom we open anaccount.

What this means for you: Before we open an account, we will ask for your name, address, date of birth (for individuals), TIN/EIN or other information that willallow us to identify you or your company. For individuals, this could mean identifying documents such as a driver’s license. For a corporation, partnership, trust,estate or other entity recognized as a legal person, this could mean identifying documents such as a Certificate of Formation from the issuing state agency.

EXHIBITD

FORM OF JOINT INSTRUCTION LETTER

[Date]

WellsFargoBank,NationalAssociation1445RossAvenue,Suite4300Dallas,Texas75202Attention:AlexanderS.Grose;Corporate,MunicipalandEscrowSolutions-MACT9216-430Telephone:(469)729-7622Facsimile:(469)729-7638E-mail:[email protected]

Re:ReleaseofAMIDCommonUnitspursuanttothatcertainEscrowAgreementdated[•],2018(the“EscrowAgreement”)byandamongSouthcrossHoldingsLP(“HoldingsLP”),AmericanMidstreamPartners,LP(“AMID”),andWellsFargoBank,NationalAssociation(“EscrowAgent”)

LadiesandGentlemen:

ReferenceismadetotheEscrowAgreement.CapitalizedtermsusedbutnotdefinedhereinshallhavethemeaningsascribedtothemintheEscrowAgreement.

PursuanttoSection1.3oftheEscrowAgreement,eachoftheundersignedherebyinstructstheEscrowAgenttoreleasefromthe[Adjustment/GeneralIndemnity/SpecialIndemnity]EscrowFundassoonasreasonablypracticable,butinanyeventnolaterthantwobusinessdaysfromthedateofyourreceiptoftheseinstructions,thefollowingcommonunitsrepresentinglimitedpartnerinterestsinAMID(“CommonUnits”)andcashinimmediatelyavailablefundspursuanttothefollowinginstructions:

[NameofParty][•]CommonUnitsAccountName:AccountNumber:

TaxID:

$[•]AccountName:AccountNumber:

ABANo.:BankName:AccountNo.:AccountName:Reference:

INWITNESSWHEREOF,eachofHoldingsLPandAMIDhaveexecutedanddeliveredtheseJointInstructionsasofthedateandyearfirst-abovewritten.

AMID:


By: American Midstream GP, LLC,itsGeneralPartner


HOLDINGS LP:


By: Southcross Energy Partners GP, LLC,itsGeneralPartner


EXHIBITE

ESCROW AGENT INSTRUCTION TO RELEASE ESCROW UNITS TO TRANSFER AGENT

[Date]

WellsFargoShareownerServices1110CentrePointeCurve,Suite101MendotaHeights,MN55120Attn:[NancyPetersen]RE: ReleaseofAMIDCommonUnitspursuanttothatcertainEscrowAgreementdated[•],2018amongSouthcrossHoldingsLP(“HoldingsLP”),American

MidstreamPartners,LP(“AMID”),andWellsFargoBank,NationalAssociation(the“EscrowAgreement”)

Dear[Ms.Peterson]:

PursuanttoSection1.3oftheabovereferencedEscrowAgreementandtheattachedletterofdirectionexecutedbyHoldingsLPandAMID,WellsFargoBank,NationalAssociation,asEscrowAgentandtheregisteredownerof[•]commonunitsrepresentinglimitedpartnerinterestsinAMID(“CommonUnits”),herebyauthorizestherelease,transferandre-registrationofthefollowingCommonUnitsr/n/oWellsFargoBank,NationalAssociation,asEscrowAgentunderanEscrowAgreementdated[•],2018byandamongSouthcrossHoldingsLP,AmericanMidstreamPartners,LPandWellsFargoBankNationalAssociationto:

[•]CommonUnitsCUSIP[•]r/n/o[•]EffectiveDate:[•]

Uponreleaseandre-registration,WellsFargo’spositionwillbe[•]CommonUnits.PleaseprovideanupdatedBookEntryAdviceforShareholderAccountNumber[•]reflectingWellsFargoBank,NationalAssociation,asEscrowAgenttotheEscrowAgreement.

Ifyouhaveanyquestions,pleasefeelfreetocontacttheRelationshipManagerfortheaboveissue,AlexanderS.Grose,[email protected].

Sincerely,

WellsFargoBank,NationalAssociation,asEscrowAgent[Name][Title]Enc. [SignatureGuarantee/MedallionStamp]

ExhibitF

FormofLock-UpAgreement

EXHIBIT F

FORM OF LOCK-UP LETTER

[•],20[•]

AmericanMidstreamPartners,LP2103CityWestBlvd.Houston,Texas77042

Re:Lock-UpofUnitsofAmericanMidstreamPartners,LP

LadiesandGentlemen:

Theundersigned,AmericanMidstreamPartners,LP,aDelawarelimitedpartnership(the“Partnership ”),andAmericanMidstreamGP,LLC,aDelawarelimitedliabilitycompanyandgeneralpartnerofthePartnership(the“General Partner ”),arepartiesto(a)thatcertainContributionAgreementdatedasofOctober31,2017(the“Contribution Agreement ”),pursuanttowhichtheundersignedwillcontributecertainequityintereststothePartnership,and,inconsiderationtherefore,thePartnershipwill,amongotherthings,issuetotheundersigned(i)[•],000,000AMIDCommonUnits(the“Tranche A Securities ”)and(ii)4,500,000AMIDPreferredUnits,ineachcase,inaccordancewithanduponthetermsandsubjecttotheconditionssetforthintheContributionAgreement,and(b)thatcertainOptionAgreementdatedasof[•],20[•](the“Option Agreement ”)pursuanttowhichthePartnershipwillgranttotheundersignedtheoptiontoacquire4,500,000AMIDCommonUnits(the“Option ”andtogetherwiththeAMIDCommonUnitsissuableuponexerciseoftheOption,the“Option Units ”)inaccordancewithanduponthetermsandsubjecttotheconditionssetforthintheOptionAgreement.TheAMIDPreferredUnits,theOptionandtheOptionUnitsissuedorgrantedtotheundersignedpursuanttotheContributionAgreementandtheOptionAgreementarehereinreferredtoasthe“Tranche B Securities .”TermsusedbynotdefinedhereinhavethemeaningssetforthintheContributionAgreement.

AsaconditionandinducementtothePartnershipenteringintotheContributionAgreementandtheOptionAgreement,andforothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,theundersignedagreeswiththePartnershipthat:

(a)duringtheperiod(the“Tranche A Lock-Up Period ”)beginningonthedatehereofandendingonthedatethatisthelaterof(x)12monthsfromthedatehereofand(y)thedateofthefinalreleaseofanySpecialIndemnityEscrowUnitsoutoftheSpecialIndemnityEscrowFundinaccordancewiththetermsoftheContributionAgreementandtheEscrowAgreement,theundersignedwillnot,withoutthepriorwrittenconsentofthePartnership,(i)directlyorindirectly,offer,pledge,sell,contracttosell,sellanyoptionorcontracttopurchase,purchaseanyoptionorcontracttosell,grantanyoption,rightorwarranttopurchaseorotherwisetransferordisposeofanyTrancheASecurities,anyAMIDCommonUnitsoranyothersecuritiesreceivedasadistributionthereonoruponconversionorexercisethereof,oranyothersecuritiesconvertibleinto,orexercisableorexchangeablefor,anyoftheforegoing(collectively,the“Tranche A Lock-UpSecurities ”),orexerciseanyrightwithrespecttotheregistrationofanyoftheTrancheALock-UpSecurities,orpubliclyannouncetheintentiontodoanyoftheforegoing,or(ii)enterintoanyswaporanyotheragreementoranytransactionthattransfers,inwholeorinpart,directlyorindirectly,theeconomicconsequenceofownershipoftheTrancheALock-UpSecurities,whetheranysuchswaportransactionistobesettledbydeliveryofAMIDCommonUnits,AMIDPreferredUnitsorothersecurities,incashorotherwise;and

(b)duringtheperiod(the“Tranche B Lock-Up Period ”)beginningonthedatehereofandendingonthedatethatisthelaterof(x)24monthsfromthedatehereofand(y)thedateofthefinalreleaseofanySpecialIndemnityEscrowUnitsoutoftheSpecialIndemnityEscrowFundinaccordancewiththetermsoftheContributionAgreementandtheEscrowAgreement,theundersignedwillnot,withoutthepriorwrittenconsentofthePartnership,(i)directlyorindirectly,offer,pledge,sell,contracttosell,sellanyoptionorcontracttopurchase,purchaseanyoptionorcontracttosell,grantanyoption,rightorwarranttopurchaseorotherwisetransferordisposeofanyTrancheBSecurities,anyAMIDCommonUnitsorAMIDPreferredUnitsreceivedasadistributionthereonoruponconversionorexercisethereof,oranyothersecuritiesreceivedasadistributionthereonoruponconversionorexercisethereof,oranysecuritiesconvertibleinto,orexercisableorexchangeablefor,anyoftheforegoing(collectively,the“Tranche B Lock-Up Securities ,”andtogetherwiththeTrancheALock-UpSecurities,the“Lock-Up Securities ”),orexerciseanyrightwithrespecttotheregistrationofanyoftheTrancheBLock-UpSecurities,orpubliclyannouncetheintentiontodoanyoftheforegoing,or(ii)enterintoanyswaporanyotheragreementoranytransactionthattransfers,inwholeorinpart,directlyorindirectly,theeconomicconsequenceofownershipoftheTrancheBLock-UpSecurities,whetheranysuchswaportransactionistobesettledbydeliveryofAMIDCommonUnits,AMIDPreferredUnits,theOption,theOptionUnitsorothersecurities,incashorotherwise.

Notwithstandingtheforegoing,atanytimeafterthefinalreleaseofanySpecialIndemnityEscrowUnitsoutoftheSpecialIndemnityEscrowFundinaccordancewiththetermsoftheContributionAgreementandtheEscrowAgreement,butineachcasesubjecttocompliancewithapplicablelaw(includingsecuritieslaws)andthetermsandconditionsofthelimitedpartnershipagreementofthePartnershipasthenineffect,theundersignedmaytransfertheLock-UpSecuritiestoholdersofClassA-IUnits(asdefinedintheThirdAmendedandRestatedAgreementofLimitedPartnershipoftheundersigned,datedasofApril13,2016(the“HoldingsLPA”))orClassA-IIUnits(asdefinedintheHoldingsLPA)withoutthepriorwrittenconsentofthePartnership,providedthatthetransfereethereofagreesinwritingtobeboundbythetermsandconditionsofthisletteragreementbyexecutinganddeliveringtothePartnershipajoindersubstantiallyintheformattachedheretoasAnnexA.

Thisletteragreementshallautomaticallyterminateupona“changeofcontrol”oftheGeneralPartnerorthePartnership.Forpurposesofthisletteragreement,“changeofcontrol”shallmeantheconsummationofanytransaction(including,withoutlimitation,anymerger,consolidationorbusinesscombination),theresultofwhichisthatanyperson(excludingtheundersigned),otherthantheownersoftheGeneralPartnerimmediatelyfollowingtheclosingofthetransactionscontemplatedbytheContributionAgreement,becomesthebeneficialowner,directlyorindirectly,ofmorethanfiftypercent(50%)oftheequityoftheGeneralPartnerorofthePartnership,ineachcasemeasuredbyvotingpowerratherthannumberofunits.

TheundersignedalsoagreesandconsentstotheentryofstoptransferinstructionswiththePartnership’stransferagentandregistraragainstthetransferoftheTrancheALock-UpSecuritiesandTrancheBLock-UpSecuritiesduringtheTrancheALock-UpPeriodorTrancheBLock-UpPeriod,respectively,exceptincompliancewiththeforegoingrestrictions.

Thisletteragreementandanyclaim,controversyordisputearisingunderorrelatedtothisletteragreementshallbegovernedbyandconstruedinaccordancewiththelawsoftheStateofDelaware,withoutregardtotheconflictoflawsprinciplesthereof.

Verytrulyyours,


By: SOUTHCROSSHOLDINGSGPLLC,itsgeneralpartner

By: Name: Title:

AnnexAFormofJoinderAgreement

ThisJoinder(the“Joinder ”)totheLock-UpLetter(the“Letter Agreement ”),deliveredbySouthcrossHoldingsLP,aDelawarelimitedpartnership(“Southcross ”),toAmericanMidstreamPartners,LP,aDelawarelimitedpartnership(the“Partnership ”),on[•],20[•](the“Closing Date ”),isexecutedanddeliveredby(the“Joining Party ”)asof,201[_].EachcapitalizedtermusedhereinbutnototherwisedefinedshallhavethemeaningsetforthintheLetterAgreement.

1. AgreementtobeBound.TheJoiningPartyherebyagreestojoinandbeboundbyallofthetermsandconditionsoftheLetterAgreementwithrespecttotheLock-UpSecuritiesbeneficiallyownedbytheJoiningParty.

2. GoverningLaw.ThisJoindershallbegovernedbyandconstruedinaccordancewiththeinternallawsoftheStateofDelaware,withoutregardtoanyconflictsoflawprovisionswhichwouldrequiretheapplicationofthelawofanyotherjurisdiction.

*****

[REMAINDEROFPAGEINTENTIONALLYLEFTBLANK]

INWITNESSWHEREOF,theJoiningPartyhascausedthisJoindertobeexecutedasofthedatefirstwrittenabove.

JOININGPARTY

By: Name:Title:

Address:City/State/Zip:Country:

AMIDCommonUnitsBeneficiallyOwnedbySuchJoiningParty:

AMIDPreferredUnitsBeneficiallyOwnedbySuchJoiningParty:

OptionUnitsIssuabletoSuchJoiningParty:

ExhibitG

FormofAMIDOptionAgreement

EXHIBIT G

FORM OF OPTION AGREEMENT

BY AND BETWEEN


AND


[•], 20[•]

OPTION AGREEMENT

THISOPTIONAGREEMENT(this“Agreement”)isenteredintoasof[•](the“ExecutionDate”)byandbetweenSouthcrossHoldingsLP,aDelawarelimitedpartnership(the“Holder”),andAmericanMidstreamPartners,LP,aDelawarelimitedpartnership(“AMID”).EachofthepartiestothisAgreementissometimesreferredtoindividuallyinthisAgreementasa“Party”andallofthepartiestothisAgreementaresometimescollectivelyreferredtointhisAgreementasthe“Parties.”

RECITALS

WHEREAS,referenceismadetothatcertainSixthAmendedandRestatedAgreementofLimitedPartnershipofAMID,datedasof[•](asamendedfromtimetotime,the“PartnershipAgreement”).

WHEREAS,theHolder,AmericanMidstreamGP,LLC,aDelawarelimitedliabilitycompanyandthegeneralpartnerofAMID,andAMIDhaveenteredintothatcertainContributionAgreementdatedOctober31,2017(the“ContributionAgreement”).

WHEREAS,inconnectionwiththetransactionscontemplatedbytheContributionAgreement,AMIDhasagreedtogranttheHolderanoptiontoacquire4,500,000AMIDCommonUnits(the“OptionUnits”)onthetermsandconditionssetforthinthisAgreement.

AGREEMENTS

NOW,THEREFORE,forgoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,AMIDandtheHolderherebyagreeasfollows:

ARTICLE IDEFINITIONS; INTERPRETATIONS

1.1Definitions.CapitalizedtermsusedinthisAgreementbutnotdefinedinthebodyofthisAgreementshallhavethemeaningsascribedtotheminExhibitA.CapitalizedtermsdefinedinthebodyofthisAgreementarelistedinExhibitAwithreferencetothelocationofthedefinitionsofsuchtermsinthebodyofthisAgreement.

1.2Interpretations.InthisAgreement,unlessaclearcontraryintentionappears:thesingularincludesthepluralandviceversa;referencetoaPersonincludessuchPerson’ssuccessorsandassignsbut,inthecaseofaParty,onlyifsuchsuccessorsandassignsarepermittedbythisAgreement,andreferencetoaPersoninaparticularcapacityexcludessuchPersoninanyothercapacity;referencetoanygenderincludeseachothergender;referencestoanyExhibit,Schedule,Section,Article,Annex,subsectionandothersubdivisionrefertothecorrespondingExhibits,Schedules,Sections,Articles,Annexes,subsectionsandothersubdivisionsofthisAgreementunlessexpresslyprovidedotherwise;referencesinanySectionorArticleordefinitiontoanyclausemeanssuchclauseofsuchSection,Articleordefinition;“hereunder,”“hereof,”“hereto”andwordsofsimilarimportarereferencestothisAgreementasawholeandnottoanyparticularprovisionofthisAgreement;theword“or”isnotexclusive,andtheword“including”(initsvariousforms)means“includingwithoutlimitation”;each

accountingtermnototherwisedefinedinthisAgreementhasthemeaningcommonlyappliedtoitinaccordancewithGAAP;referencesto“days”aretocalendardays;andallreferencestomoneyrefertothelawfulcurrencyoftheUnitedStates.TheTableofContentsandtheArticleandSectiontitlesandheadingsinthisAgreementareinsertedforconvenienceofreferenceonlyandarenotintendedtobeapartof,ortoaffectthemeaningorinterpretationof,thisAgreement.

ARTICLE IITHE OPTION

2.1Option.SubjecttothetermsandconditionsofthisAgreement,AMIDherebygrantstotheHoldertherightandoptiontocauseAMIDtoissuetheOptionUnitstotheHolderatapriceperunitequaltotheExercisePrice(the“Option”),andtheHoldermayexercisetheOptioninaccordancewiththisAgreement.IftheOptionisexercised,AMIDshallissuetotheHoldertheOptionUnitstobedelivereduponsuchexerciseoftheOptionpursuanttothetermsandconditionsofthisAgreement.

2.2OptionExercise.TheOptionmaybeexercisedatanytimeorfromtimetotimeonoraftertheTransactionClosingDateuntiltheExpirationTimeastotheentirenumberoranylessernumberoftheOptionUnitstheHolderelectstoexercise.IftheOptionisnotfullyexercisedbytheExpirationTime,theOptionandthisAgreementwillautomaticallyterminatewithoutanyactionbyanyParty.TheOptionmaybeexercisedbytheHolderasfollows:

(a)ExceptasotherwiseprovidedinthisSection2.2,theHoldermayexercisetheOption,inwholeorinpart,withoutthepaymentofcashbytheHolder(the“CashlessExercise”)asprovidedforinthisSection2.2.UpontheCashlessExercise,AMIDshallpromptlyissuetotheHolder(withoutpaymentbytheHolderofanyoftheExercisePrice)thatnumberofAMIDCommonUnitsequalto(i)(A)thenumberofAMIDCommonUnitswithrespecttowhichtheHolderisexercisingpurchaserights,multipliedby(B)(x)the20-DayVWAPminus(y)theExercisePrice,dividedby(ii)the20-DayVWAP,providedthatanyfractionalunitstobeissuedwillberoundedupordowntothenearestwholeAMIDCommonUnit.AnexamplecalculationoftheimplementationoftheprovisionsofthisSection2.2(a)issetforthinExhibitB.

(b)InordertoexercisetheCashlessExercise,theHoldershalldeliverawrittennotice(the“CashlessExerciseNotice”)ofitsintenttoexercisetheOptionbyexercisingtheCashlessExercise.ThedeliveryoftheCashlessExerciseNoticeshallbedeemedawaiveroftheHolder’sobligationtopayincashalloranyportionoftheaggregateExercisePricepayablefortheOptionUnitsastowhichsuchCashlessExerciseisbeingexercised.TheOption(orsomuchthereofasshallhavebeensurrenderedforconversionordeemedtohavebeenconvertedpursuanttothisSection2.2))willbedeemedtohavebeenconvertedimmediatelypriortothecloseofbusinessonthedayofdeliveryoftheCashlessExerciseNotice.

(c)Within15daysofreceiptoftheCashlessExerciseNotice(the“IssuanceDate”),AMIDshalldelivertotheHoldertheOptionUnitstobedelivereduponsuchexerciseoftheOption(whichshallbeinnon-certificatedbook-entryform).

2

2.3Lock-UpAgreement.TheHolderacknowledgesthatthisOptionandtheOptionUnitsare“TrancheBLock-UpSecurities”assuchtermisdefinedintheLock-UpLetterenteredintobytheHolderandAMIDontheTransactionClosingDate(the“Lock-UpLetter”),andthereforethisOptionandanyOptionUnitsshallbesubjecttotherestrictionssetforthintheLock-UpLetter.

ARTICLE IIIREPRESENTATIONS AND WARRANTIES OF AMID

AMIDrepresentsandwarrantstotheHolderasoftheExecutionDateandeachIssuanceDateasfollows:

3.1Organization;Qualification.AMIDisanentitydulyformed,validlyexistingandingoodstandingunderthelawsoftheStateofDelawareandhasallrequisiteorganizationalpowerandauthoritytoown,leaseandoperateitspropertiesandtocarryonitsbusinessasitisnowbeingconducted.

3.2Authority;Enforceability.

(a)AMIDhastherequisitelimitedpartnershippowerandauthoritytoexecuteanddeliverthisAgreementandtoconsummatethetransactionscontemplatedhereby.TheexecutionanddeliverybyAMIDofthisAgreement,andtheconsummationbyAMIDofthetransactionscontemplatedhereby,havebeendulyandvalidlyauthorizedbyAMID,andnootherlimitedpartnershipproceedingsonthepartofAMIDarenecessarytoauthorizethisAgreementortoconsummatethetransactionscontemplatedhereby.

(b)ThisAgreementhasbeendulyexecutedanddeliveredbyAMID,and,assumingthedueauthorization,executionanddeliverybytheotherParty,constitutesthevalidandbindingagreementofAMID,enforceableagainstAMIDinaccordancewithitsterms,exceptassuchenforceabilitymaybelimitedbyapplicablebankruptcy,insolvency,fraudulenttransfer,reorganization,moratoriumandsimilarLawsrelatingtooraffectingcreditors’rightsgenerallyandsubject,astoenforceability,tolegalprinciplesofgeneralapplicabilitygoverningtheavailabilityofequitableremedies,includingprinciplesofcommercialreasonableness,goodfaithandfairdealing(regardlessofwhethersuchenforceabilityisconsideredinaproceedinginequityoratlaw)(collectively,“Creditors’Rights”).

3.3Non-Contravention.Theexecution,deliveryandperformancebyAMIDofthisAgreement,andtheconsummationbyAMIDofthetransactionscontemplatedhereby,doesnotandwillnot:resultinanybreachofanyprovisionoftheOrganizationalDocumentsofAMID;constituteadefault(oraneventthatwithnoticeorpassageoftimeorbothwouldgiverisetoadefault)under,orgiverisetoanyrightoftermination,cancellation,amendmentoracceleration(withorwithoutthegivingofnotice,orthepassageoftimeorboth)underanyoftheterms,conditionsorprovisionsofanyContracttowhichAMIDisapartyorbywhichanypropertyorassetofAMIDisboundoraffected;orviolateanyLawtowhichAMIDissubjectorbywhichAMID’spropertiesorassetsarebound,except,inthecasesofclauses(ii)and(iii)forsuchdefaultsorrightsoftermination,cancellation,amendmentoraccelerationorviolationsaswouldnotreasonablybeexpectedtopreventormateriallydelaytheconsummationofthetransactionscontemplatedbythisAgreementortomateriallyimpairAMID’sabilitytoperformitsobligationsunderthisAgreement.

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3.4OptionUnits.WhenissuedinaccordancewiththisAgreement,theOptionUnitswillbedulyauthorizedinaccordancewiththeOrganizationalDocumentsofAMIDandwillbevalidlyissued,fullypaidandnonassessable(exceptassuchnonassessabilitymaybeaffectedbySections17-303,17-607or18-704oftheDelawareRevisedUniformLimitedPartnershipAct,asamended).

ARTICLE IVREPRESENTATIONS AND WARRANTIES OF THE HOLDER

TheHolderherebyrepresentsandwarrantstoAMIDasoftheExecutionDateandeachIssuanceDateasfollows:

4.1Organization;Qualification.TheHolderisanentitydulyformed,validlyexistingandingoodstandingunderthelawsoftheStateofDelawareandhasallrequisiteorganizationalpowerandauthoritytoown,leaseandoperateitspropertiesandtocarryonitsbusinessasitisnowbeingconducted.

4.2Authority;Enforceability.

(a)TheHolderhasthepowerandauthoritytoexecuteanddeliverthisAgreementandtoconsummatethetransactionscontemplatedhereby.TheexecutionanddeliverybytheHolderofthisAgreementandtheconsummationbyitofthetransactionscontemplatedherebyhavebeendulyandvalidlyauthorizedbysuchHolder,andnootherproceedingsonthepartoftheHolderarenecessarytoauthorizethisAgreementortoconsummatethetransactionscontemplatedhereby.

(b)ThisAgreementhasbeendulyexecutedanddeliveredbytheHolderand,assumingthedueauthorization,executionanddeliverybytheotherParty,constitutesthevalidandbindingagreementoftheHolder,enforceableagainsttheHolderinaccordancewithitsterms,exceptassuchenforceabilitymaybelimitedbyCreditors’Rights.

4.3Non-Contravention.Theexecution,deliveryandperformancebytheHolderofthisAgreement,andtheconsummationbytheHolderofthetransactionscontemplatedhereby,doesnotandwillnot:resultinanybreachofanyprovisionoftheOrganizationalDocumentsoftheHolder;constituteadefault(oraneventthatwithnoticeorpassageoftimeorbothwouldgiverisetoadefault)under,orgiverisetoanyrightoftermination,cancellation,amendmentoracceleration(withorwithoutthegivingofnotice,orthepassageoftimeorboth)underanyoftheterms,conditionsorprovisionsofanyContracttowhichtheHolderisapartyorbywhichanypropertyorassetoftheHolderisboundoraffected;orviolateanyLawtowhichtheHolderissubjectorbywhichtheHolder’spropertiesorassetsarebound,except,inthecasesofclauses(ii)and(iii),forsuchdefaultsorrightsoftermination,cancellation,amendmentoraccelerationorviolationsaswouldnotreasonablybeexpectedtopreventormateriallydelaytheconsummationofthetransactionscontemplatedbythisAgreementortomateriallyimpairtheHolder’sabilitytoperformitsobligationsunderthisAgreement.

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4.4InvestmentRepresentation.TheHolderisanAccreditedInvestor.TheHolderisacquiringtheOptionUnitsforinvestmentforitsownaccountwiththepresentintentionofholdingtheOptionUnitsforinvestmentpurposesandnotwithaviewto,orforsaleinconnectionwith,anydistribution.TheHolderacknowledgesthatitcanbeartheeconomicriskofitsinvestmentintheOptionUnitsindefinitely,andhassuchknowledgeandexperienceinfinancialandbusinessmattersthatitiscapableofevaluatingthemeritsandrisksofaninvestmentintheOptionUnits.TheHolderacknowledgesthattheOptionUnitswillnothavebeenregisteredpursuanttotheSecuritiesActoranyapplicablestatesecuritiesLaws,thattheOptionUnitswillbecharacterizedas“restrictedsecurities”underfederalsecuritiesLaws,andthatundersuchLawsandapplicableregulations,theOptionUnitscannotbesoldorotherwisedisposedofwithoutregistrationundertheSecuritiesActoranexemptiontherefrom.

ARTICLE VADJUSTMENTS

5.1NumberofUnits;ExercisePrice.ThenumberofOptionUnitsforwhichtheOptionisexercisableandtheExercisePriceshallbesubjecttoadjustmentfromtimetotimefollowingtheTransactionClosingDateassetforthinthisArticleV.

5.2Distributions,Combinations,SubdivisionsandReclassificationsbyAMID.IfatanytimefollowingtheTransactionClosingDateAMID(i)makesadistributionontheAMIDCommonUnitsinAMIDCommonUnits,(ii)subdividesorsplitstheoutstandingAMIDCommonUnitsintoagreaternumberofAMIDCommonUnits,(iii)combinesorreclassifiestheAMIDCommonUnitsintoasmallernumberofAMIDCommonUnitsor(iv)issuesbyreclassificationoftheAMIDCommonUnitsanyPartnershipInterests(includinganyreclassificationinconnectionwithamerger,consolidationorbusinesscombinationinwhichAMIDisthesurvivingPerson),then(x)thenumberofOptionUnitsforwhichtheOptionisexercisableatthetimeoftherecorddateforsuchdistributionortheeffectivedateofsuchsubdivision,split,combination,orreclassification(the“Pre-AdjustmentOptionUnits”)shallbeproportionatelyadjustedsothattheexerciseoftheOption(or,ifaportionoftheOptionhasbeenexercisedpriortosuchrecorddateoreffectivedate,theportionthereofthathasnotbeenexercised)aftersuchtimeshallentitletheHoldertoreceivetheaggregatenumberofAMIDCommonUnits(oranyPartnershipInterestsintowhichsuchAMIDCommonUnitswouldhavebeencombined,consolidated,mergedorreclassifiedpursuanttoclauses(iii)and(iv)above)thattheHolderwouldhavebeenentitledtoreceiveiftheOption(orportionthereof)hadbeenexercisedimmediatelypriortosuchrecorddateoreffectivedate,asthecasemaybe(the“Post-AdjustmentOptionUnits”),(y)theExercisePriceshallbeadjustedtoequal(1)theproductoftheExercisePriceandthenumberofPre-AdjustmentOptionUnitsdividedby(2)thenumberofPost-AdjustmentOptionUnits,(z)andinthecaseofamerger,consolidationorbusinesscombinationinwhichAMIDisthesurvivingPerson,AMIDshallprovideeffectiveprovisionstoensurethattheprovisionsinthisSection5.2shallnotbeabridgedoramendedandthattheOptionUnitsshallthereafterretainthesamepowers,preferencesandrelativeparticipating,optionalandotherspecialrights,andthequalifications,limitationsandrestrictionsthereon,thattheOptionUnitshadimmediatelypriortosuchtransactionorevent.AnadjustmentmadepursuanttothisSection5.2shallbecomeeffectiveimmediatelyaftertherecorddateinthecaseofadistributionandshallbecomeeffectiveimmediatelyaftertheeffectivedateinthecaseofasubdivision,combination,reclassification(includinganyreclassificationinconnectionwithamerger,consolidationorbusinesscombinationinwhichAMIDisthesurvivingPerson)orsplit.Suchadjustmentshallbemadesuccessivelywheneveranyeventdescribedaboveshalloccur.

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5.3Follow-OnAdjustments.ExceptinconnectionwiththeexerciseofaWarrant(asdefinedinthePartnershipAgreement),ifAMIDshallissueorsell,orgrantanyAMIDCommonUnitsorConvertibleSecuritiesatanindicativeperAMIDCommonUnitprice(the“Follow-OnPrice,”andsuchAMIDCommonUnitsorConvertibleSecuritiessoissued,soldorgranted,onanas-convertedbasis,the“Follow-OnUnits”)thatislessthantheFairMarketValue,thentheExercisePricewillberesettoequaltheresultachievedthroughapplicationofthefollowingformula;providedthatinnoeventshalltheExercisePricebeincreasedpursuanttothisSection5.3:

((CPxOB)+(FPxQ))/OA

Where:

CP=theExercisePriceineffectimmediatelybeforetheissuanceoftheFollow-OnUnits


OB=thetotalnumberoffullydilutedAMIDCommonUnitsoutstandingbeforetheissuanceoftheFollow-OnUnits


OA=thetotalnumberoffullydilutedAMIDCommonUnitsoutstandingaftergivingeffecttotheissuanceoftheFollow-OnUnits.

ForpurposesofthisSection5.3,theindicativepriceperAMIDCommonUnitresultingfromtheissuanceofConvertibleSecuritieswillbedeterminedusingtheprinciplessetforthinSection5.5(c).

5.4WhenAdjustmentNotRequired.NotwithstandinganyoftheotherprovisionsofthisArticleV,noadjustmentshallbemadetothenumberofOptionUnitsforwhichtheOptionisexercisableortheExercisePricepursuanttothisArticleVasaresultofanyofthefollowing:

(a)thegrantofAMIDCommonUnitsoroptions,warrantsorrightstopurchaseAMIDCommonUnitsortheissuanceofAMIDCommonUnitsupontheexerciseofanysuchoptions,warrantsorrightstoemployees,officersordirectorsoftheGeneralPartnerorAMIDanditsSubsidiariesinrespectofservicesprovidedtoorforthebenefitofAMIDoritsSubsidiaries,undercompensationplansandagreementsapprovedingoodfaithbytheGeneralPartner(includinganyLongTermIncentivePlan);providedthat,inthecaseofoptions,warrantsorrightstopurchaseAMIDCommonUnits,theexercisepriceperAMIDCommonUnitshallnotbelessthantheClosingPrice(asdefinedinthePartnershipAgreement)onthedatesuchoption,warrantorotherrightisissued;

(b)theissuanceofanyAMIDCommonUnitsasallorpartoftheconsiderationtoeffect(i)theclosingofanyacquisitionbyAMIDofassetsofanunrelatedthirdpartyinanarm’s-lengthtransactionor(ii)theconsummationofamerger,consolidationorotherbusinesscombinationofAMIDwithorintoanotherentitytotheextentsuchtransaction(s)isorarevalidlyapprovedbythevoteorconsentoftheGeneralPartner;and

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(c)theissuanceofPartnershipInterestsforwhichanadjustmentismadeunderanotherprovisionofthisArticleV.

5.5AdjustmentRules.ThefollowingrulesshallapplyforpurposesofthisArticleV:

(a)Inthecaseoftheissuanceorsale(ordeemedissuanceorsale)ofAMIDCommonUnitsforcash,theconsiderationshallbedeemedtobetheamountofcashpaidthereforbeforedeductinganyreasonableunderwritingdiscountsorplacementagentfees,commissionsortheexpensesallowed,paidorincurredbyAMIDforanyunderwritingorplacementagentorotherwiseinconnectionwiththeissuanceandsalethereof.

(b)Inthecaseoftheissuanceorsale(ordeemedissuanceorsale)ofAMIDCommonUnitsforconsiderationinwholeorinpartotherthancash,theconsiderationotherthancashshallbevaluedattheAgreedValue(asdefinedinthePartnershipAgreement)thereof;

(c)InthecaseoftheissuanceorsaleofConvertibleSecurities,thefollowingprovisionsshallapplyforallpurposesofthisSection5.5:

(i)TheaggregatemaximumnumberofAMIDCommonUnitsdeliverableuponexercise(assumingthesatisfactionofanyconditionstoexercisability,including,withoutlimitation,thepassageoftime,butwithouttakingintoaccountpotentialantidilutionadjustments)ofoptionsorwarrantstopurchaseorrightstosubscribeforAMIDCommonUnitsshallbedeemedtohavebeenissuedatthetimesuchoptions,warrantsorrightswereissuedandforconsiderationequaltotheconsideration(determinedinthemannerprovidedinthisSection5.5),ifany,receivedbyAMIDupontheissuanceofsuchoptions,warrantsorrightsplustheminimumexercisepriceprovidedinsuchoptions,warrantsorrights(withouttakingintoaccountpotentialantidilutionadjustments)fortheAMIDCommonUnitscoveredthereby.

(ii)TheaggregatemaximumnumberofAMIDCommonUnitsdeliverableuponconversionoforinexchange(assumingthesatisfactionofanyconditionstoconvertibilityorexchangeability,including,withoutlimitation,thepassageoftime,butwithouttakingintoaccountpotentialantidilutionadjustments)foranysuchconvertibleorexchangeablesecuritiesorupontheexerciseofoptionsorwarrantstopurchaseorrightstosubscribeforsuchconvertibleorexchangeablesecuritiesandsubsequentconversionorexchangethereofshallbedeemedtohavebeenissuedatthetimesuchsecuritieswereissuedorsuchoptions,warrantsorrightswereissuedandforaconsiderationequaltotheconsideration,ifany,receivedbyAMIDforanysuchsecuritiesoroptions,warrantsorrights,plustheminimumadditionalconsideration,ifany,tobereceivedbyAMID(withouttakingintoaccountpotentialantidilutionadjustments)upontheconversionorexchangeofsuchsecuritiesorupontheexerciseofsuchoptions,warrantsorrightsandsubsequentconversionorexchangeoftheunderlyingconvertibleorexchangeablesecurities,asappropriate(theconsiderationineachcasetobedeterminedinthemannerprovidedinthisSection5.5).

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(iii)Intheeventofanychangein(x)thenumberofAMIDCommonUnitsdeliverableor(y)theconsiderationpayabletoAMIDuponexerciseofsuchoptions,warrantsorrightswithrespecttoeitherAMIDCommonUnitsorsuchconvertibleorexchangeablesecuritiesoruponconversionoforinexchangeforsuchconvertibleorexchangeablesecuritiesandnototherwiseentitledtoanyappropriateantidilutionadjustmentpursuanttothisArticleV,including,butnotlimitedto,achangeresultingfromtheantidilutionprovisionsthereof,thenumberofOptionUnitsforwhichtheOptionisexercisableortheExercisePrice,totheextentinanywayaffectedbyorcomputedusingsuchoptions,warrants,rightsorsecurities,shallberecomputedtoreflectsuchchange,butnofurtheradjustmentshallbemadefortheactualissuanceofAMIDCommonUnitsoranypaymentofsuchconsiderationupontheexerciseofanysuchoptions,warrantsorrightsortheconversionorexchangeofsuchsecurities.

(iv)Upontheexpirationofanysuchoptions,warrantsorrightswithrespecttoeitherAMIDCommonUnitsorsuchconvertibleorexchangeablesecuritiesortheterminationofanysuchrightstoconvertorexchange,thenumberofOptionUnitsforwhichtheOptionisexercisableortheExercisePrice,totheextentinanywayaffectedbyorcomputedusingsuchoptions,warrants,rightsorsecuritiesshallberecomputedtoreflecttheissuanceofonlythenumberofAMIDCommonUnitsactuallyissuedupontheexerciseofsuchoptions,warrantsorrightswithrespecttoAMIDCommonUnits,upontheconversionorexchangeofsuchsecurities,orthenumberofAMIDCommonUnitsissuableuponconversionorexchangeoftheconvertibleorexchangeablesecuritiesthatwereactuallyissueduponexerciseofoptions,warrantsorrightsrelatedtosuchsecurities.

(v)ThenumberofAMIDCommonUnitsdeemedissuedandtheconsiderationdeemedpaidthereforpursuanttoSection5.5(c)(i)and(ii)shallbeappropriatelyadjustedtoreflectanychange,terminationorexpirationofthetypedescribedineitherSection5.5(c)(iii)and(iv).

(d)NotwithstandinganyoftheotherprovisionsofthisSection5.5,noadjustmentshallbemadetothenumberofOptionUnitsforwhichtheOptionisexercisableortheExercisePriceasaresultofaneventforwhichanadjustmentismadeunderanotherprovisionofthisSection5.5.

(e)ForpurposesofthisArticleV,noadjustmenttothenumberofOptionUnitsforwhichtheOptionisexercisableshallbemadeinanamountlessthan1/100thofanAMIDCommonUnitandnoadjustmenttotheExercisePriceshallbemadeinanamountlessthan1/100thofonecentperAMIDCommonUnit;providedthatanyadjustmentsthatarenotrequiredtobemadebyreasonofthissentenceshallbecarriedforwardandshallbetakenintoaccountinanysubsequentadjustmentmade.

5.6AMIDUndertaking.AMIDagreesthatitwillactingoodfaithtomakeanyadjustment(s)requiredbythisArticleVequitablyandinsuchamannerastoaffordtheHolderthebenefitsoftheprovisionshereof,andwillnottakeanyactionthatcouldreasonablybeexpectedtodeprivetheHolderofthebenefithereof.

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ARTICLE VIGOVERNING LAW AND CONSENT TO JURISDICTION

6.1GoverningLaw.ThisAgreementshallbegovernedbyandconstruedandinterpretedinaccordancewiththeLawsoftheStateofDelaware,withoutgivingeffecttotheconflictsoflawprovisionorrule(whetheroftheStateofDelawareoranyotherjurisdiction)thatwouldcausetheapplicationoftheLawsofanyjurisdictionotherthantheStateofDelaware.

6.2ConsenttoJurisdiction.ThePartiesirrevocablysubmittotheexclusivejurisdictionoftheDelawareCourtofChancery,andanystateappellatecourttherefromwithintheStateofDelaware(or,onlyiftheDelawareCourtofChancerydeclinestoacceptjurisdictionoveraparticularmatter,anystateorfederalcourtwithintheStateofDelaware),forthepurposesofanyProceedingarisingoutofthisAgreementorthetransactionscontemplatedhereby(andeachagreesthatnosuchProceedingrelatingtothisAgreementorthetransactionscontemplatedherebyshallbebroughtbyitexceptinsuchcourts).ThePartiesirrevocablyandunconditionallywaive(andagreenottopleadorclaim)anyobjectiontothelayingofvenueofanyProceedingarisingoutofthisAgreementorthetransactionscontemplatedherebyintheDelawareCourtofChancery,oranystateappellatecourttherefromwithintheStateofDelaware(or,onlyiftheDelawareCourtofChancerydeclinestoacceptjurisdictionoveraparticularmatter,anystateorfederalcourtwithintheStateofDelaware)orthatanysuchProceedingbroughtinanysuchcourthasbeenbroughtinaninconvenientforum.EachofthePartiesalsoagreesthatanyfinalandnon-appealablejudgmentagainstaPartyinconnectionwithanyProceedingshallbeconclusiveandbindingonsuchPartyandthatsuchawardorjudgmentmaybeenforcedinanycourtofcompetentjurisdiction,eitherwithinoroutsideoftheUnitedStates.Acertifiedorexemplifiedcopyofsuchawardorjudgmentshallbeconclusiveevidenceofthefactandamountofsuchawardorjudgment.

ARTICLE VIIGENERAL PROVISIONS

7.1AmendmentandModification.ThisAgreementmaybeamended,modifiedorsupplementedonlybywrittenagreementoftheParties.

7.2WaiverofCompliance;Consents.ExceptasotherwiseprovidedinthisAgreement,anyfailureofanyofthePartiestocomplywithanyobligation,covenant,agreementorconditioninthisAgreementmaybewaivedbythePartyorPartiesentitledtothebenefitsthereofonlybyawritteninstrumentsignedbythePartyorPartiesgrantingsuchwaiver,butsuchwaiverorfailuretoinsistuponstrictcompliancewithsuchobligation,covenant,agreementorconditionshallnotoperateasawaiverof,orestoppelwithrespectto,anysubsequentorotherfailure.

7.3Remedies.AMIDstipulatesthattheremediesatLawoftheHolderintheeventofanydefaultorthreateneddefaultbyAMIDintheperformanceoforcompliancewithanyofthetermsofthisAgreementarenotandwillnotbeadequate,andthat,totheextentpermittedbyapplicablelaw,suchtermsmaybespecificallyenforcedbyadecreeforthespecificperformanceofanyagreementcontainedhereinorbyaninjunctionagainstaviolationofanyofthetermshereoforotherwise.AMIDherebywaivesanyrequirementsforthesecuringorpostingofanybondwithrespecttosuchremedyofspecificperformanceorotherinjunctiverelief.

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7.4Expenses.

(a)ExceptasotherwiseprovidedforinthisAgreement,theHoldershallpayallcostsandexpensesincurredbytheHolderinconnectionwiththisAgreementandthetransactionscontemplatedtherebyandAMIDshallpayallcostsandexpensesincurredbyAMIDinconnectionwiththisAgreementandthetransactionscontemplatedthereby.

(b)Notwithstandinganyoftheforegoing,ifanyactionatlaworequityisnecessarytoenforceorinterpretthetermsofthisAgreement,theprevailingPartyshallbeentitledtoreasonableattorneys’feesandexpensesinadditiontoanyotherrelieftowhichsuchPartymaybeentitled.

7.5Notices.Anynotice,demandorcommunicationrequiredorpermittedunderthisAgreementshallbeinwritinganddeliveredpersonally,byreputableovernightdeliveryserviceorothercourierorbycertifiedmail,postageprepaid,returnreceiptrequested,andshallbedeemedtohavebeendulygivenasofthedateofdeliveryifdeliveredpersonallyorbyovernightdeliveryserviceorothercourieroronthedatereceiptisacknowledgedifdeliveredbycertifiedmail,addressedasfollows;provided thatanoticeofachangeofaddressshallbeeffectiveonlyuponreceiptthereof:

IftotheHolderto:

SouthcrossHoldingsLP750TownandCountryBoulevardSuite950Houston,Texas77024E-mail:[email protected]:KellyJameson

and

SpecialA-2CommitteeoftheBoardofDirectorsofSouthcrossHoldingsGPLLCc/oJonesDay717Texas,Suite3300Houston,Texas,77002E-mail:[email protected]@jonesday.comAttn:EmilyLeitch

Withacopy(whichshallnotconstitutenotice)to:

LockeLordLLP600TravisStreet,Suite2800Houston,Texas77002FaxNo.:(713)546-5401

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Email:[email protected]:H.WilliamSwanstrom

and

LockeLordLLP600CongressAvenue,Suite2200Austin,Texas78701FaxNo.:512-391-4818Email:[email protected]:MichelleEarley

IftoAMIDto:

AmericanMidstreamPartners,LP2103CityWestBlvd.Houston,Texas77042Email:[email protected]:GeneralCounsel

Withacopy(whichshallnotconstitutenotice)to:

Gibson,Dunn&CrutcherLLP1221McKinneyStreetHouston,Texas77010-2046FaxNo.:(346)718-6901Email:[email protected]@gibsondunn.comAttn:HillaryH.HolmesTullR.Florey

7.6Assignment.ThisAgreementshallbebindinguponandinuretothebenefitofthePartiesandtheirsuccessorsandpermittedassigns.NoPartymayassignortransferthisAgreementoranyofitsrights,interestsorobligationsunderthisAgreementwithoutthepriorwrittenconsentoftheotherParties.AnyattemptedassignmentortransferinviolationofthisAgreementshallbenull,voidandineffective.Notwithstandingtheforegoing,butineachcasesubjecttocompliancewithapplicableLaw(includingsecuritieslaw),thetermsandconditionsofthePartnershipAgreement,asitmaybeamendedfromtimetotime,andanytransferrestrictionsonthisAgreementandAMIDCommonUnitsotherwiseheldbyHolder(includingtheLock-UpLetter),HoldermayassigninwritingallbutnotlessthanallofitsrightsunderthisAgreementtoanyPersonwhowouldotherwisebeapermittedtransfereeunderthePartnershipAgreementortheLock-UpLetter,asthecasemaybe,withrespecttoanyAMIDCommonUnitsheldbyHolder.HoldershallprovidewrittennoticeofanysuchpermittedtransfertoAMID.

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7.7ThirdPartyBeneficiaries.ThisAgreementshallbebindinguponandinuresolelytothebenefitofthePartiesandtheirrespectivesuccessorsandpermittedassigns.NoneoftheprovisionsofthisAgreementshallbeforthebenefitoforenforceablebyanythirdparty,includinganycreditorofanyPartyoranyoftheirAffiliates.NosuchthirdpartyshallobtainanyrightunderanyprovisionofthisAgreementorshallbyreasonsofanysuchprovisionmakeanyclaiminrespectofanyliability(orotherwise)againstanyotherParty.

7.8EntireAgreement.ThisAgreementconstitutestheentireagreementandunderstandingofthePartieswithrespecttothesubjectmatterhereofandsupersedesallprioragreementsandunderstandings,bothoralandwritten,amongthePartiesorbetweenanyofthemwithrespecttosuchsubjectmatter.

7.9Severability.Wheneverpossible,eachprovisionorportionofanyprovisionofthisAgreementwillbeinterpretedinsuchmannerastobeeffectiveandvalidunderapplicableLawbutifanyprovisionorportionofanyprovisionofthisAgreementisheldtobeinvalid,illegalorunenforceableinanyrespectunderanyapplicablelaworruleinanyjurisdiction,suchprovisionorportionofanyprovisionshallbeseverableandtheinvalidity,illegalityorunenforceabilitywillnotaffectanyotherprovisionorportionofanyprovisioninsuchjurisdiction,andthisAgreementwillbereformed,construedandenforcedinsuchjurisdictionasifsuchinvalid,illegalorunenforceableprovisionorportionofanyprovisionhadneverbeencontainedherein.

7.10RepresentationbyCounsel.EachPartyagreesthatithasbeenrepresentedbyindependentcounselofitschoiceduringthenegotiationandexecutionofthisAgreementandthedocumentsreferredtoherein,andthatithasexecutedthesameupontheadviceofsuchindependentcounsel.EachPartyanditscounselcooperatedinthedraftingandpreparationofthisAgreementandthedocumentsreferredtoherein,andanyandalldraftsrelatingtheretoshallbedeemedtheworkproductofthePartiesandmaynotbeconstruedagainstanyPartybyreasonofitspreparation.Therefore,thePartieswaivetheapplicationofanyLawprovidingthatambiguitiesinanagreementorotherdocumentwillbeconstruedagainstthePartydraftingsuchagreementordocument.

7.11Facsimiles;Counterparts.ThisAgreementmaybeexecutedbyfacsimilesignaturesbyanyPartyandsuchsignatureshallbedeemedbindingforallpurposeshereof,withoutdeliveryofanoriginalsignaturebeingthereafterrequired.ThisAgreementmaybeexecutedinoneormorecounterparts,eachofwhich,whenexecuted,shallbedeemedtobeanoriginalandallofwhichtogethershallconstituteoneandthesamedocument.

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INWITNESSWHEREOF,eachofAMIDandtheHolderhascausedthisAgreementtobedulyexecutedasofthedatefirstwrittenabove.


By: AMERICANMIDSTREAMGP,LLC,itsgeneralpartner

By: Name: Title:

HOLDER:


By: SOUTHCROSSHOLDINGSGP,LLC,itsgeneralpartner

By: Name: Title:

EXHIBIT ADEFINED TERMS

“20-DayVWAP”meansthearithmeticaverageforthetwentytradingdaysprecedingthedatetheOptionisexercisedofthedollarvolume-weightedaveragepricefortheAMIDCommonUnitsontheNewYorkStockExchangeduringtheperiodbeginningat9:30:01a.m.,NewYorktime,andendingat4:00:00p.m.,NewYorktime,asreportedbyBloombergL.P.throughits“VolumeatPrice”functionor,iftheforegoingdoesnotapply,thedollarvolume-weightedaveragepriceoftheAMIDCommonUnitsintheover-the-countermarketontheelectronicbulletinboardfortheAMIDCommonUnitsduringtheperiodbeginningat9:30:01a.m.,NewYorktime,andendingat4:00:00p.m.,NewYorktime,asreportedbyBloombergL.P.,or,ifnodollarvolumeweightedaveragepriceisreportedfortheAMIDCommonUnitsbyBloombergL.P.forsuchhours,theaverageofthehighestclosingbidpriceandthelowestclosingaskpriceofanyofthemarketmakersfortheAMIDCommonUnitsasreportedintheOTCLinkor“pinksheets”byOTCMarketsGroupInc.(formerlyPinkOTCMarketsInc.).Ifthe20-DayVWAPcannotbecalculatedfortheAMIDCommonUnitsonthedatetheOptionisexercisedonanyoftheforegoingbases,the20-DayVWAPoftheAMIDCommonUnitsonsuchdateshallbethefairmarketvalueasmutuallydeterminedbyAMIDandtheHolder.

“AccreditedInvestor”hasthemeaningascribedtosuchterminRule501ofRegulationDpromulgatedundertheSecuritiesAct.

“Affiliate”meansaPersonthatdirectly,orindirectlythroughoneormoreintermediaries,controls,oriscontrolledby,orisundercommoncontrolwith,aspecifiedPerson.APersonshallbedeemedtocontrolanotherPersonifsuchfirstPersonpossesses,directlyorindirectly,thepowertodirect,orcausethedirectionof,themanagementandpoliciesofsuchotherPerson,whetherthroughtheownershipofvotingsecurities,bycontractorotherwise.

“Agreement”hasthemeaningsetforthinthepreamble.

“AMID”hasthemeaningsetforthinthepreamble.

“AMIDCommonUnits”shallhavethemeaningascribedtosuchtermintheContributionAgreement.

“CashlessExercise”hasthemeaningsetforthinSection2.2(a).

“CashlessExerciseNotice”hasthemeaningsetforthintheSection2.2(b).

“Contract”meansanywrittenagreement,lease,license,note,evidenceofindebtedness,mortgage,securityagreement,understanding,instrumentorotherlegallybindingarrangement.

“ContributionAgreement”hasthemeaningsetforthintherecitals.

“ConvertibleSecurities”hasthemeaningascribedtoitinthePartnershipAgreement.

“Creditors’Rights”hasthemeaningsetforthinSection3.2(b).

“ExecutionDate”hasthemeaningsetforthinthepreamble.

“ExercisePrice”means$18.50perAMIDCommonUnit,asadjustedfromtimetotimeassetforthinArticleV.

“ExpirationTime”means11:59p.m.NewYorktimeonthefourthanniversaryoftheTransactionClosingDate.

“FairMarketValue”meanstheCurrentMarketPrice(asdefinedinthePartnershipAgreement)oftheAMIDCommonUnits(thedateofdeterminationofwhichshallbethedateofanyissuanceofanyrights,warrants,optionsorequivalentrightsinaccordancewithSection5.3,asapplicable).

“Follow-OnPrice”hasthemeaningsetforthintheSection5.3.

“Follow-OnUnits”hasthemeaningsetforthintheSection5.3.

“GeneralPartner”hasthemeaningascribedtoitinthePartnershipAgreement.

“GovernmentalAuthority”meansanyexecutive,legislative,judicial,regulatoryoradministrativeagency,body,commission,department,board,court,tribunal,arbitratingbodyorauthorityoftheUnitedStatesoranyforeigncountry,oranystate,localorothergovernmentalsubdivisionthereof.

“Holder”hasthemeaningsetforthinthepreamble.

“IssuanceDate”hasthemeaningsetforthinSection2.2.

“Law”meansanylaw,statute,code,ordinance,order,rule,ruleofcommonlaw,regulation,judgment,decree,injunction,franchise,permit,certificate,licenseorauthorizationofanyGovernmentalAuthority.

“Lien”means,withrespecttoanypropertyorasset,(a)anymortgage,pledge,securityinterest,lienorothersimilarpropertyinterestorencumbranceinrespectofsuchpropertyorasset,and(b)anyeasements,rights-of-way,restrictions,restrictivecovenants,rights,leasesandotherencumbrancesontitletorealorpersonalproperty(whetherornotofrecord).

“Lock-UpLetter”hasthemeaningsetforthinSection2.3.

“LongTermIncentivePlan”hasthemeaningascribedtoitinthePartnershipAgreement.

“Option”hasthemeaningsetforthintheSection2.1.

“OptionUnits”hasthemeaningsetforthintherecitals.

“OrganizationalDocuments”means,withrespecttoanyPerson,thearticlesofincorporation,certificateofincorporation,certificateofformation,certificateoflimitedpartnership,bylaws,limitedliabilitycompanyagreement,operatingagreement,partnershipagreement,stockholders’agreementandallothersimilardocuments,instrumentsorcertificatesexecuted,adoptedorfiledinconnectionwiththecreation,formationororganizationofsuchPerson,includinganyamendmentsthereto.

“PartnershipAgreement”hasthemeaningsetforthintherecitals.

“PartnershipInterests”hasthemeaningascribedtoitinthePartnershipAgreement.

“Party”or“Parties”hasthemeaningsetforthinthepreamble.

“Person”meansanynaturalperson,corporation,limitedpartnership,generalpartnership,limitedliabilitycompany,jointstockcompany,jointventure,association,company,estate,trust,banktrustcompany,landtrust,businesstrust,orotherorganization,whetherornotalegalentity,custodian,trustee-executor,administrator,nomineeorentityinarepresentativecapacityandanyGovernmentalAuthority.

“Post-AdjustmentOptionUnits”hasthemeaningsetforthintheSection5.2.

“Pre-AdjustmentOptionUnits”hasthemeaningsetforthintheSection5.2.

“Proceeding”meansanyaction,suit,arbitrationproceeding,administrativeorregulatoryinvestigation,review,audit,proceeding,citation,summonsorsubpoenaofanynature(civil,criminal,regulatoryorotherwise)inlaworinequity.

“SecuritiesAct”meanstheSecuritiesActof1933,asamended,andtherulesandregulationspromulgatedthereunder.

“Subsidiaries”hasthemeaningascribedtoitinthePartnershipAgreement.

“TransactionClosingDate”meanstheClosingDateassuchtermisdefinedintheContributionAgreement.

EXHIBIT BSAMPLE CALCULATION

Section2.2(a)Example

Assuming (i) $20 AMID Common Unit 20-Day VWAP, (ii) $18.50 Exercise Price, and (iii) 1,000 AMID Common Units converted:

[(1,000units)*($20/unit-$18.50/unit)]/($20/unit)=75AMIDCommonUnits

Exhibit 99.1

American Midstream Partners to Acquire Southcross Energy Partners and Certain Assets of Southcross Holdings Forming $3 Billion Partnership

Creates a fully integrated growth platform linking natural gas and NGL supplies to premium demand markets along the U.S. Gulf Coast

AMID to host an investor conference today at 10:00 am Eastern Time

• AcceleratesthetransformationofAMID,furtheringassetdensityandfullvalue-chainparticipationwithincoreoperatingareas

• ExpandsAMID’sonshoregathering,processingandtransmissionservicesinthehighlyeconomicEagleFordShaleplayandintheSoutheastU.S.gastransmissionmarket

• ExpandsAMID’scommercialandoperationalcapabilitiesacrossahigh-qualityassetplatform

• Immediatelyaccretiveto2018distributablecashflowperunit(DCF/unit)

HOUSTON, November 1, 2017 - AmericanMidstreamPartners,LP(NYSE:AMID)(“AMID”or“AmericanMidstream”)announcedtodaythatithassignedanagreementtoacquirecertainassetsofSouthcrossHoldings,LP(“SouthcrossHoldings”),andhasproposedtomergeSouthcrossEnergyPartners,L.P.(NYSE:SXE)(“SXE”or“SouthcrossEnergy”)(collectively,withSouthcrossHoldingsreferredtoas“Southcross”)intoawhollyownedsubsidiaryofAMIDintwoseparatetransactionsvaluedatapproximately$815million,includingtherepaymentofnetdebt.Asaresultofthetransactions,theproformapartnershipwithanenterprisevalueof$3billionisexpectedtogenerateannualized2018AdjustedEBITDAinexcessof$300million.

LynnL.Bourdon,III,Chairman,PresidentandChiefExecutiveOfficerofAmericanMidstream,commented,“Thistransactionacceleratesourtransformationintoafullyintegratedgathering,processingandtransmissioncompanyfocusedinselectcoreareas.Thetransactionalsofurthersourstrategyofredeployingcapitalintohighergrowthbusinessesalongwithdivestingnon-coreassetsatattractivemultiples.”

“TheadditionoftheSouthcrossassetsallowsustocapturethefullmidstreamvaluechainintheveryprolificEagleFordbasin.Thetransactionrepresentsauniqueopportunitytoexpandouronshoregathering,processingandtransmissionservices,linkingsuppliesfromtheeconomicallyattractiveEagleFordshaletohighdemandgrowthmarketsalongtheGulfCoast.”

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Uponcompletionofthetransaction,AMIDwillownandoperatecomplementaryandintegratedmidstreaminfrastructurerepresenting:

• Approximately8,000milesofcrude,naturalgasandNGLpipelines

• Over2.5Bcf/dofnaturalgastransmissioncapacity

• Tenprocessingplantswithover1.0Bcf/dofcapacity

• Sixfractionationfacilitieswith111,500Bbl/dofcapacity

• 35.7%ofDeltaHousefloatingproductionfacilityinthedeep-waterGulfofMexico,and

• 6.7millionbarrelsofabove-groundliquidsstoragecapacity

“Giventhecompellingrationalefortheacquisition,weanticipatethatourcombinedunitholdersshouldbenefitfromthepartnership’sincreasedscale,greaterfinancialflexibility,andoperationaldensity.Theintegrationandcommercializationoftheacquiredassetswillcontributetoourgrowthandhelpestablishsoliddistributiongrowthovertime,”Mr.Bourdonadded.

“ThiscombinationwithAmericanMidstreamprovidessignificantbenefitstoallofSouthcross’stakeholders,”saidBruceA.Williamson,PresidentandChiefExecutiveOfficerofSouthcross’generalpartner.“PrivateandpublicequityholdersfrombothSouthcrossHoldingsandSouthcrossEnergywillbeabletoparticipateinamorediverse,sustainablycapitalizedcompanywithunitsthatofferimmediatecashdistributionsandstrongcoverage.Inaddition,therevolverandtermdebtholdersatbothSouthcrosscompanieswillberepaidinfullatclosing.WelookforwardtoworkingwithLynnandhisteamduringthetransitiontocreatevalueforourinvestors.”

SouthcrossHoldingsindirectlyownsalloftheequityinterestinthegeneralpartnerofSXEandindirectlyownsgaspipeline,treatingandfractionationfacilitiesintheEagleFordShaleandelsewhereinSouthTexas.SXEisanintegratednaturalgasmidstreamservicesproviderwithassetsprimarilyintheEagleFordaswellasMississippiandAlabama.

STRATEGIC HIGHLIGHTS

TheacquisitionofSouthcrossreinforcesAMID’sprimarystrategicobjectiveofcreatingoperationalfocuswithinadefinedcoreassetfootprintinhigh-growthU.S.basins.Strategicbenefitsofthetransactioninclude:

• Builds Asset Density and Full Value Chain Participation: AcceleratesthetransformationofAMIDintoafullyintegratednaturalgasgathering,

processingandtransmissionpartnership.Alsobuildsassetdensityandfullvaluechainparticipation(gathering,treating,processing,fractionation,andNGLandgasmarketing)withintheEagleFord,theSoutheastandtheU.S.GulfCoast.

• Strategically Located Assets Serving Strong Demand Markets: FacilitatescaptureofincreasingregionaldemandforEagleFordproductionfrom

newandexpandingpetrochemicalcomplexes,LNGexportprojects,exportstoMexicoandsteadilygrowingindustrialdemandalongtheU.S.GulfCoast.

• Increases Growth and Financial Profile: Providesauniquesuiteofassetswithmeaningfulgrowthpotentialandclearoperatingandfinancialsynergies.AMIDexpectsthecombinedcompanytogenerate2018annualizedAdjustedEBITDAinexcessof$300million,withaproformaenterprisevalueofapproximately$3billion.AMIDandSouthcrossexpecttorealizefinancialsynergiesofapproximately$15to$20millionannuallywithin18monthsofclosing.

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• Increases Cash Flow Stability and Distributable Cash Flow Growth: Expectedtogeneratemeaningfulcashflowgrowthfromincreasingupstream

activityandgrowingdownstreamdemandinAMID’scoreareas.Approximately93%fixed-feecontractsunderpinstrongmargins,whileacreagededicationsandcaptiveproductionofferdownsideprotection.

• Optimizes Capital Structure: FurthersAMID’sstrategyofdeployingcapitaltoareaswithhighlong-termvalue.AMIDanticipatesdivestingan

additional$400to$500millionofnon-coreassetsalestosolidifyitsbalancesheetandallocategrowthcapitaltowardhighreturn,organicgatheringandprocessingassets.

• Advances Repositioning of AMID: AMID’sgoalistodeliverforitsinvestorsasimplifiedbusinessmodelandcommercialorientation,asolidifiedandgrowingDCF/unitprofile,andanexpandedorganicgrowthplatform.TheSouthcrosstransactionrepresentsanimportantmilestoneinfurtheringtheseobjectives.Theacquisitionfollowsonthesuccessfulexecutionofanumberofsignificantdivestitureandinvestmenttransactionsoverthepast18months,activitywhichAMIDplanstocontinueoverthenearterm.

TRANSACTION DETAILS

AMIDhasagreedtoacquireequityinterestsincertainSouthcrossHoldings’subsidiariesthatdirectlyorindirectlyown100%ofthelimitedliabilitycompanyinterestsofthegeneralpartnerofSXEandapproximately55%oftheSXEcommonunitsbyissuing3.4millionAMIDcommonunits,4.5millionnewSeriesEconvertiblepreferredunits(the“PreferredUnits”),optionstoacquire4.5millionAMIDcommonunits(the“Options”)andtherepaymentof$139millionofestimatednetdebt.ThePreferredUnitswillbeissuedatapriceof$15.00perunitandmaybepaid-in-kindattheAMIDcommonunitdistributionrateatAMID’soptionfortwoyears.AMIDwillhavetherighttoconvertthePreferredUnitstoAMIDcommonunitsiftheAMID20-dayvolumeweightedaveragepriceexceeds$22.50.TheOptionsareAmerican-stylecalloptionswithan$18.50strikepricethatexpirein2022.

PublicunitholdersofSXEwillreceive0.160AMIDcommonunitsforeachSXEcommonunitinaunit-for-unitmerger,whichisanticipatedtohaveminimal,ifany,taxrecognitionforsuchunitholdersandwhichrepresentsa5%premiumtothe20-dayvolumeweightedaverageexchangeratioofAMIDandSXEcommonunitsasofOctober30,2017.TheSXEtransactionisconditionedontheSouthcrossHoldingstransaction,anduntilbothtransactionshaveclosedAMID,SouthcrossHoldingsandSXEwillcontinuetooperateasseparatecompanies.

AMIDexpectstheproposaltobeattractivetopublicholdersofSXEcommonunitsasitwillpermitthemtoparticipateinthefutureanticipatedgrowthofAMID’sbusinesses,includingthebenefitofAMID’scashdistributionsoncommonunits,currentlypaying$1.65percommonunitannually.

Aspartofthetransaction,AMID’ssponsor,anaffiliateofArcLightCapitalPartners,LLC,hasagreedtotransferownershipof15%ofAMID’sgeneralpartnerandincentivedistributionrightstoSouthcrossHoldings.

Inconjunctionwiththetransaction,AMIDwillcontinueexecutingagainstitsstatedcapitaloptimizationstrategytodeliverastrongproformabalancesheetwithsubstantialliquidity.AMIDistargetinganadditional$400to$500millionofnon-coreassetsalesprimarilyrelatedtoitsterminalingservicessegment.Theseproceeds,incrementaldebtfinancingandmodestequitywillallowthecombinedentitytotargetclosingproformatrailingdebttoEBITDAofnear4.5timeswitha12-to18-monthgoalofnear3.5timesandtargetproformaliquidityof$300to$400million.

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AMIDexpectsthetransactiontobesingle-digitaccretivetoDCF/unitin2018and2019,approachingdouble-digitaccretionin2020.AMIDexpectstomaintainaproformadistributioncoverageof1.1to1.3times.

ThetermsoftheproposedmergerwithSXEwillbesubjecttoapprovalbyamajorityoftheoutstandingnon-affiliatedpubliccommonunitholdersofSXE,andthetransactionwithSouthcrossHoldingsandSXEwillbesubjecttocustomaryregulatoryapprovalsandiscurrentlyexpectedtocloseinthesecondquarterof2018.

ADVISORS

DeutscheBankactedasleadfinancialadvisorandBofAMerrillLynchactedasfinancialadvisortoAmericanMidstream.Gibson,Dunn&CrutcherLLPactedaslegalcounseltoAmericanMidstream.RBCCapitalMarketsactedasleadfinancialadvisor,WellsFargoSecuritiesactedasfinancialadvisorandLockeLordLLPactedaslegalcounseltoSouthcrossHoldingsandSouthcrossEnergy.Tudor,Pickering,Holt&CoactedasfinancialadvisorandJonesDayactedaslegaladvisortotheSpecialCommitteeofSouthcrossHoldings.JefferiesLLCactedasfinancialadvisorandAkinGumpStraussHauer&FeldLLPactedaslegaladvisortotheConflictsCommitteeofSouthcrossEnergy.

CONFERENCE CALL

AmericanMidstreamwillhostaconferencecallat10:00a.m.EasternTimetodaytodiscussthetransaction.ThecallwillbewebcastliveandwillbeavailableforlaterreplayonAmericanMidstream’swebsite.

Dial-In (866)393-4306(Domestictoll-free)

Numbers: (734)385-2616(International)

ConferenceID: 2384008

WebcastURL: www.AmericanMidstream.comunderInvestorRelations

Additional Information and Where to Find it

ThiscommunicationrelatestoaproposedbusinesscombinationbetweenAMIDandSXE.Inconnectionwiththeproposedtransaction,AMIDand/orSXEexpecttofileaproxystatement/prospectusandotherdocumentswiththeSecuritiesandExchangeCommission(“SEC”).

WEURGEINVESTORSANDSECURITYHOLDERSTOREADTHEPROXYSTATEMENT/PROSPECTUSANDANYOTHERRELEVANTDOCUMENTSTHATMAYBEFILEDWITHTHESECCAREFULLYANDINTHEIRENTIRETYIFANDWHENTHEYBECOMEAVAILABLEBECAUSETHEYWILLCONTAINIMPORTANTINFORMATION.Anydefinitiveproxystatement(s)(ifandwhenavailable)willbemailedtounitholdersofSXE.Investorsandsecurity

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holderswillbeabletoobtainthesematerials(ifandwhentheyareavailable)freeofchargeattheSEC’swebsite,www.sec.gov.Inaddition,copiesofanydocumentsfiledwiththeSECmaybeobtainedfreeofchargefromSXE’sinternetwebsiteforinvestorsathttp://investors.southcrossenergy.com,andfromAMID’sinvestorrelationswebsiteathttp://www.americanmidstream.com/investorrelations.Investorsandsecurityholdersmayalsoreadandcopyanyreports,statementsandotherinformationfiledbyAMIDandSXEwiththeSECattheSECpublicreferenceroomat100FStreet,N.E.,Washington,D.C.20549.PleasecalltheSECat1-800-SEC-0330orvisittheSEC’swebsiteforfurtherinformationonitspublicreferenceroom.

No Offer or Solicitation

Thiscommunicationdoesnotconstituteanoffertosellorthesolicitationofanoffertobuyanysecurities,orasolicitationofanyvoteorapproval,norshalltherebeanysaleofsecuritiesinanyjurisdictioninwhichsuchoffer,solicitationorsalewouldbeunlawfulpriortoregistrationorqualificationunderthesecuritieslawsofanysuchjurisdiction.NoofferingofsecuritiesshallbemadeexceptbymeansofaprospectusmeetingtherequirementsofSection10oftheSecuritiesActof1933,asamended.

Participation in the Solicitation of Votes

AmericanMidstreamandSouthcrossEnergyandtheirrespectivedirectorsandexecutiveofficersmaybeconsideredparticipantsinthesolicitationofproxiesinconnectionwiththeproposedtransaction.InformationregardingSouthcrossEnergy’sdirectorsandexecutiveofficersisavailableinitsAnnualReportonForm10-KfortheyearendedDecember31,2016,filedwiththeSEConMarch9,2017.InformationregardingAmericanMidstream’sdirectorsandexecutiveofficersisavailableinitsAnnualReportonForm10-KfortheyearendedDecember31,2016,filedwiththeSEConMarch28,2017.Otherinformationregardingtheparticipantsintheproxysolicitationandadescriptionoftheirdirectandindirectinterests,bysecurityholdingsorotherwise,willbecontainedintheproxystatement/prospectusandotherrelevantmaterialstobefiledwiththeSECwhentheybecomeavailable.

About American Midstream Partners, LP

AmericanMidstreamPartners,LPisagrowth-orientedlimitedpartnershipformedtoprovidecriticalmidstreaminfrastructurethatlinksproducersofnaturalgas,crudeoil,NGL,condensateandspecialtychemicalstoend-usemarkets.AmericanMidstream’sassetsarestrategicallylocatedinsomeofthemostprolificonshoreandoffshorebasinsinthePermian,EagleFord,EastTexas,BakkenandGulfCoast.AmericanMidstreamownsorhasanownershipinterestinapproximately4,000milesofinterstateandintrastatepipelines,aswellasownershipingasprocessingplants,fractionationfacilities,anoffshoresemisubmersiblefloatingproductionsystemwithnameplateprocessingcapacityof100,000Bbl/dofcrudeoiland240MMcf/dofnaturalgas;andterminalsiteswithapproximately6.7millionBblsofstoragecapacity.Visitwww.americanmidstream.comformoreinformation.

About Southcross Energy Partners, L.P.

SouthcrossEnergyPartners,L.P.isamasterlimitedpartnershipthatprovidesnaturalgasgathering,processing,treating,compressionandtransportationservicesandNGLfractionationandtransportationservices.Italsosources,purchases,transportsandsellsnaturalgasandNGL.ItsassetsarelocatedinSouthTexas,MississippiandAlabamaandincludetwogasprocessingplants,onefractionationplantandapproximately3,100milesofpipeline.TheSouthTexasassetsarelocatedinorneartheEagleFordshaleregion.SouthcrossisheadquarteredinDallas,Texas.Visitwww.southcrossenergy.comformoreinformation.

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About ArcLight Capital Partners, LLC

ArcLightisoneoftheleadingprivateequityfirmsfocusedonenergyinfrastructureinvestments.Foundedin2001,thefirmhelpedpioneeranasset-basedprivateequityapproachtoinvestinginthedynamicenergysector.ArcLighthasinvestedapproximately$19billioninover100transactionssinceinception.BasedinBoston,thefirm’sinvestmentteamemploysahands-onvaluecreationstrategythatutilizesitsin-housetechnical,operational,andcommercialspecialistsaswellasthefirm’s850-personassetmanagementaffiliate.MoreinformationaboutArcLight,andacompletelistofArcLight’sportfoliocompanies,canbefoundatwww.arclightcapital.com.

Non-GAAP Financial Measures

Thisnewsreleaseincludessupplementalnon-GAAPfinancialmeasures“AdjustedEBITDA”and“DistributableCashFlow”or“DCF”.YoushouldnotconsiderAdjustedEBITDAorDCFinisolationorasasubstitutefor,ormoremeaningfulthananalysisof,ourresultsasreportedunderGAAP.AdjustedEBITDAandDCFmaybedefineddifferentlybyothercompaniesinourindustry.Ourdefinitionsofthisnon-GAAPfinancialmeasuresmaynotbecomparabletosimilarlytitledmeasuresofothercompanies,therebydiminishingitsutility.

AdjustedEBITDAisasupplementalnon-GAAPfinancialmeasureusedbyourmanagementandexternalusersofourfinancialstatements,suchasinvestors,commercialbanks,researchanalystsandothers,toassess:thefinancialperformanceofourassetswithoutregardtofinancingmethods,capitalstructureorhistoricalcostbasis;theabilityofourassetstogeneratecashflowtomakecashdistributionstoourunitholdersandourgeneralpartner;ouroperatingperformanceandreturnoncapitalascomparedtothoseofothercompaniesinthemidstreamenergysector,withoutregardtofinancingorcapitalstructure;andtheattractivenessofcapitalprojectsandacquisitionsandtheoverallratesofreturnonalternativeinvestmentopportunities.

WedefineAdjustedEBITDAasnetincome(loss)attributabletoAMID,plusinterestexpense,incometaxexpense,depreciation,amortizationandaccretionexpenseattributabletoAMID,debtissuancecostspaidduringtheperiod,distributionsfrominvestmentsinunconsolidatedaffiliates,transactionexpenses,certainnon-cashchargessuchasnon-cashequitycompensationexpense,unrealized(gains)lossesonderivativesandselectedchargesthatareunusual,lessconstructionandoperatingmanagementagreementincome,otherpost-employmentbenefitsplannetperiodicbenefit,earningsinunconsolidatedaffiliates,gains(losses)onthesaleofassets,net,andselectedgainsthatareunusual.TheGAAPmeasuremostdirectlycomparabletoourperformancemeasureAdjustedEBITDAisnetincome(loss)attributabletotheAMID.

Inthisnewsrelease,wepresentproformaannualAdjustedEBITDAfor2018.Weareunabletoprojectnetincome(loss)attributabletoAMIDtoprovidetherelatedreconciliationsofproformaannualAdjustedEBITDAtothemostcomparablefinancialmeasurecalculatedinaccordancewithGAAP,becausetheimpactofchangesindistributionsfromunconsolidatedaffiliates,operatingassetsandliabilities,thevolumeandtimingofpaymentsreceivedandutilizedfromourandSXE’scustomersareoutofourcontrolandcannotbereasonablypredicted.Therefore,thereconciliationofAdjustedEBITDAtoprojectednetincome(loss)attributabletoAMIDisnotavailablewithoutunreasonableeffort.

DCFisasignificantperformancemetricusedbyusandbyexternalusersofAMID’sfinancialstatements,suchasinvestors,commercialbanksandresearchanalysts,tocomparebasiccashflowsgeneratedbyustothecashdistributionsweexpecttopayAMID’sunitholders.Usingthismetric,

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managementandexternalusersofAMID’sfinancialstatementscanquicklycomputethecoverageratioofestimatedcashflowstoplannedcashdistributions.DCFisalsoanimportantfinancialmeasureforAMIDunitholderssinceitservesasanindicatorofAMID’ssuccessinprovidingacashreturnoninvestment.Specifically,thisfinancialmeasuremayindicatetoinvestorswhetherwearegeneratingcashflowatalevelthatcansustainorsupportanincreaseinAMID’squarterlydistributionrates.DCFisalsoaquantitativestandardusedthroughouttheinvestmentcommunitywithrespecttopubliclytradedpartnershipsandlimitedliabilitycompaniesbecausethevalueofaunitofsuchanentityisgenerallydeterminedbytheunit’syield(whichinturnisbasedontheamountofcashdistributionstheentitypaystoaunitholder).DCFwillnotreflectchangesinworkingcapitalbalances.

WedefineDCFasAdjustedEBITDA,lessinterestexpense,normalizedmaintenancecapitalexpenditures,anddistributionsrelatedtotheSeriesAandSeriesCconvertiblepreferredunits.TheGAAPfinancialmeasuremostcomparabletoDCFisNetincome(loss)attributabletoAMID.

Forward-Looking Statements

Thisnewsreleaseandaccompanyingstatementsmaycontainforward-lookingstatements.Allstatementsthatarenotstatementsofhistoricalfacts,includingstatementsregardingourfuturefinancialposition,results,businessstrategy,guidance,distributiongrowthandplansandobjectivesofmanagementforfutureoperations,areforward-lookingstatements.Wehaveusedthewords“anticipate,”“believe,”“could,”“estimate,”“expect,”“intend,”“may,”“plan,”“predict,”“project,”“should,”“will,”“would”,“potential,”andsimilartermsandphrasestoidentifyforward-lookingstatementsinthisnewsrelease.Althoughwebelievethattheassumptionsunderlyingourforward-lookingstatementsarereasonable,anyoftheseassumptionscouldbeinaccurate,and,therefore,wecannotassureyouthattheforward-lookingstatementsincludedhereinwillprovetobeaccurate.Theseforward-lookingstatementsreflectourintentions,plans,expectations,assumptionsandbeliefsaboutfutureeventsandaresubjecttorisks,uncertaintiesandotherfactors,manyofwhichareoutsideourcontrol.Additionalrisksincludethefollowing:theabilitytoobtainrequisiteregulatoryandunitholderapprovalandthesatisfactionoftheotherconditionstotheconsummationoftheproposedtransaction,theabilityofAmericanMidstreamtosuccessfullyintegrateSXE’soperationsandemployeesandrealizeanticipatedsynergiesandcostsavings,actionsbythirdparties,thepotentialimpactoftheannouncementorconsummationoftheproposedtransactiononrelationships,includingwithemployees,suppliers,customers,competitorsandcreditratingagencies,andtheabilitytoachieverevenueandotherfinancialgrowth,andvolatilityinthepriceofoil,naturalgas,andnaturalgasliquidsandthecreditmarket.Actualresultsandtrendsinthefuturemaydiffermateriallyfromthosesuggestedorimpliedbytheforward-lookingstatementsdependingonavarietyoffactorswhicharedescribedingreaterdetailinourfilingswiththeSecuritiesandExchangeCommission(“SEC”).PleaseseeAMIDandSXE’s“RiskFactors”andotherdisclosuresincludedintheirAnnualReportonForm10-KfortheyearendedDecember31,2016andForms10-QforthequarterendedMarch31,2017,andthequarterendedJune30,2017.Allfuturewrittenandoralforward-lookingstatementsattributabletousorpersonsactingonourbehalfareexpresslyqualifiedintheirentiretybythepreviousstatements.Theforward-lookingstatementshereinspeakasofthedateofthisnewsrelease.AMIDandSXEundertakenoobligationtoupdateanyinformationcontainedhereinortopubliclyreleasetheresultsofanyrevisionstoanyforward-lookingstatementsthatmaybemadetoreflecteventsorcircumstancesthatoccur,orthatwebecomeawareof,afterthedateofthisnewsrelease.

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MarkBuscovichManagerofFinance346-241-3467mbuscovich@americanmidstream.com

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AmericanMidstreamPartnerstoAcquireSouthcrossEnergyNovember1,2017Exhibit99.2

CautionaryStatementThispresentationandaccompanyingstatementsmaycontainforward-lookingstatements.Allstatementsthatarenotstatementsofhistoricalfacts,includingstatementsregardingAmericanMidstreamPartners,LP’s(“AmericanMidstream,”“AMID,”“we,”or“us”)futurefinancialposition,results,businessstrategy,guidance,distributiongrowth,andplansandobjectivesofmanagementforfutureoperations,areforward-lookingstatements.Wehaveusedthewords“anticipate,”“believe,”“could,”“estimate,”“expect,”“intend,”“may,”“plan,”“predict,”“project,”“should,”“will,”“would,”“potential,”andsimilartermsandphrasestoidentifyforward-lookingstatementsinthispresentation.Althoughwebelievethattheassumptionsunderlyingourforward-lookingstatementsarereasonable,anyoftheseassumptionscouldbeinaccurate,and,therefore,wecannotassureyouthattheforward-lookingstatementsincludedhereinwillprovetobeaccurate.Theseforward-lookingstatementsreflectourintentions,plans,expectations,assumptionsandbeliefsaboutfutureeventsandaresubjecttorisks,uncertaintiesandotherfactors,manyofwhichareoutsideourcontrol.Additionalrisksincludethefollowing:theabilitytoobtainrequisiteregulatoryandunitholderapprovalandthesatisfactionoftheotherconditionstotheconsummationoftheproposedtransactions,theabilityofAmericanMidstreamtosuccessfullyintegrateSouthcrossHoldings’andSouthcrossEnergy,L.P.’soperationsandemployeesandrealizeanticipatedsynergiesandcostsavings,actionsbythirdparties,thepotentialimpactoftheannouncementorconsummationoftheproposedtransactionsonrelationships,includingwithemployees,suppliers,customers,competitorsandcreditratingagencies,andtheabilitytoachieverevenueandotherfinancialgrowth,andvolatilityinthepriceofoil,naturalgas,andnaturalgasliquidsandthecreditmarket.Actualresultsandtrendsinthefuturemaydiffermateriallyfromthosesuggestedorimpliedbytheforward-lookingstatementsdependingonavarietyoffactorswhicharedescribedingreaterdetailinourfilingswiththeSecuritiesandExchangeCommission(“SEC”).PleaseseeAmericanMidstream’sandSouthcrossEnergy’s“RiskFactors”andotherdisclosuresincludedintheirAnnualReportsonForm10-KfortheyearendedDecember31,2016,andQuarterlyReportsonForm10-QforthequarterendedMarch31,2017andthequarterendedJune30,2017.Allfuturewrittenandoralforward-lookingstatementsattributabletousorpersonsactingonourbehalfareexpresslyqualifiedintheirentiretybythepreviousstatements.Theforward-lookingstatementshereinspeakasofthedateofthispresentation.AmericanMidstreamandSouthcrossEnergyundertakenoobligationtoupdateanyinformationcontainedhereinortopubliclyreleasetheresultsofanyrevisionstoanyforward-lookingstatementsthatmaybemadetoreflecteventsorcircumstancesthatoccur,orthatwebecomeawareof,afterthedateofthispresentation.

CompellingStrategicRationaleCreatesfullyintegratedmidstreamplatformlinkingnaturalgasandNGLsuppliestohigh-growthmarketsalongtheU.S.GulfCoast,forminga$3billionenterprisevaluepartnershipExpandsAMID’sonshoregathering,processingandtransmissionservicesinthehighlyeconomicEagleFordplayandintheSoutheastU.S.gastransmissionmarketsAcceleratesthetransformationofAMID,furtheringassetdensityandfullvaluechainparticipationExtendsAMID’scommercialandoperationalcapabilitiestoahigh-qualityassetplatformwithsubstantialupsideasawell-capitalizedcompanyCombinedcompanyexpectedtogeneratesingle-digitaccretionin2018and2019,approachingdoubledigitsin2020+AmericanMidstreamPartnerstoacquireSouthcrossHoldingsandSouthcrossEnergyPartners,LP,creatingapremierfullyintegratedgrowthplatform

StrategicSystemIntegrationDrivesValueStrategicallyLocatedAssetsareaBridgetoDemandMarketsExtendsAMID’scustomerreachtonumerousproducers(25+)inthecoreoftheEagleFordandtokeyendusersinhigh-growthdownstreammarketsConnectsEagleFordproducerswithcriticalnaturalgasandNGLdemandGulfCoast/CorpusChristiliquefactiondemandGulfCoast/CorpusChristiexpansionofpetrochemical,refiningandindustrialdemandMexico’sgrowingdemandandassociatedexportpipelinesCrudeandNGLexportfacilitiesDemand-driveninterstatepipelinesinAlabamaandMississippiprovidestablecashflowandconnectivitywithAMID’sexistingassets,creatingastrategicsystemwithcommercialupsideSoutheastdemandpullfromnaturalgas-firedpowergenerationplantsandLDCsseekingtoaccessNortheastgassupplyFullyIntegratedSystemCapturesfullmidstreamvaluechain:Naturalgasgathering,treating,processingandfractionationNGLandresiduenaturalgasmarketingCreatesassetdensityalongtheGulfCoastwithsubstantialvalue-creatingopportunitiesthatneithercompanycouldachieveonastand-alonebasisüü

TransactionHighlightsandProFormaOrganizationalStructure71%LPinterestandaffiliates15%GP/IDRs6%LPinterest4.5millionpreferredunits4.5millionoptions85%GP/IDRs23%LPInterest19.1millionpreferredunitsA-IIHoldersHoldingsandSXEAssetsLegacyAMIDAssetsAMIDtoacquire100%ofSouthcrossHoldingsandSouthcrossEnergyPartners(“SXE”)Upfronttotalconsiderationof$813millionatsingle-digit,near-termEBITDAmultiple100%equityconsiderationSouthcrossHoldingsandSXEdebttoberefinancedatclosingSXEcommonunitholderswillbenefitfromcashdistributionsApprovedbyAMIDBoardandSXEConflictsCommitteeExpectedclosinginQ22018followingregulatoryandSXEpublicunitholderapprovalsSummaryIntegrationProFormaOrganizationPublicUnitholders(1)(1)Marketcap:$787millionFloat:$559millionasofOctober27,2017

ImmediatelyaccretivetoAMID’sDCFperunit.Single-digitaccretionin2018and2019,approachingdoubledigitsin2020Solidproformadistributioncoverageof1.1x–1.3xAddsstabilitytodistributionandpotentialforfuturedistributiongrowthInitialtrailingleverageofapproximately4.5xwithpathto3.5xwithin18monthsExecuteadditionalnon-coreassetsales(terminals)tosupportfuturegrowthAnnualEBITDAsynergiesof$15-$20millionwithin18monthsofclosingAMIDandSXEUnitholderBenefitsAMIDConsiderationtoSouthcrossHoldingsandSXEAttractiveFinancialBenefitsSouthcrossHoldings3.4millionAMIDcommonunits,subjecttocustomaryclosingadjustments4.5millionSeriesEpreferredunitsvaluedat$15.00/unit4.5millionAmerican-stylecalloptionswith$18.50strikepricewith2022expirationAMIDtoassumeandrefinanceSouthcrossHoldingsdebtSXEEquity3.5millionAMIDcommonunitsbasedonfixedexchangeratioof0.16AMIDunitsforeachSXEunitAMIDtoassumeandrefinanceSXEdebtHoldingsandSXEtransactionsarecross-conditionedCapitalizationAMIDtorefinance~$654millionofSouthcrossnetdebtwith$400to$500millionofnon-coreassetsales,revolverborrowings,proceedsfrombondissuancesandmodestequityraisesNote:DCFandEBITDAarenon-GAAPmeasures.See"Non-GAAPMeasures"inappendixformoreinformation.

RightCombinationattheRightTime:AValueChainStoryCombinestwocomplementaryfranchisespositionedtogeneratestablecashflowsTransportationNaturalgasendusersNGLendusersNGL&residuemarketingFractionationY-GradeGatheringandcompressionWell-headSourcegastreatingGasprocessingCapturesfullmidstreamvaluechainofgathering,treating,processing,fractionation,transportationandmarketing+ProFormaGrossMargin(1)NaturalGas,NGL&CrudePipelines(miles)8,427NaturalGasTreating&ProcessingCapacity(Bcf/d)1.0FractionationCapacity(MBbls/d)112CompressionHorsepower(HP)~213,050Above-GroundStorage(MMBbls)6.7(1)AsofJune30,2017

CombinationCreatesaSynergisticGulfCoastFootprintTransactionenhancesvaluechaininAMID’scoreareas

Integratedmidstreamplatformfacilitatesmovementofnaturalgas,crudeoilandNGLstohigh-growthdemandmarketsalongtheGulfCoastSubstantialOptionalitytoConnectSupplywithDemandLinkkeysourcesofsupply(Permian,EagleFord,GulfofMexico)toSouthTXfractionationcomplexandCorpusChristidemandhubUnmatchedaccesstoCorpusChristishipchannelandindustrialcomplexExportstoMexicofromadditionaldemandpull“Steelonsteel”connectivityinAL&MStransmissionmarketthatconnectssupplywithSouthEastdemandpullPlantoconnecteverySouthcrossassetwithacorrespondingAMIDassetTenyeardemandgrowth,2017-2027(1)NaturalGasNGLs(1)Source:IHS30%35%25%75%40%

Source:EIA,publiccompanypresentationsDisclaimer:AlltrademarksorservicemarksappearinginthispresentationarepropertyoftheirrespectiveHolders.Solelyforconvenience,thetrademarksandtradenamesinthispresentationareusedwithoutthe®,™and/orSMsymbols,butsuchreferencesshouldnotbeconstruedasanyindicatorthattheirrespectiveownerswillnotasserttheirrightsthereto.ConnectingHigh-QualityCustomerstoRobustGulfCoastDemandGlobalLPGdemandestimatedtogrow~500Bcfperyearfrom2017–2020Gas-IndustrialDemand(~3Bcf/d)Steadygrowthinindustrialdemand;assetsuniquelypositionedintheCorpusShipChannel(significantbarrierstoentry)Gas-LNGExportDemand(~8Bcf/d)GulfCoastDemandPullHubNGL-PetrochemicalDemand(~1Bcf/d)MultiplenewethylenesteamcrackersandexpansionprojectsNumerousplannedLNGexportprojects(Cheniere,Freeport)Gas-MexicoExportDemand(~2Bcf/d)U.S.volumesexportedtoMexicocontinuetosurpassexpectationsEagleFordProducersGulfofMexicoProducersLPGExportDemand(~7Bcf/d)TexasGulfCoastNGLandnaturalgasisexpectedtosee10-yeardemandgrowthof~75%and30%,respectively

GoalCompleteOpportunity/ActionResultExpandScaleSouthcrossCombinationAnnouncedCreate$3billioncompanyJPEnergyMergerMergedCreated$2billioncompanyFocusonCoreGulfCoastandGoMValueChainGulfCoast:Destin,Okeanos,TriStates,WilpriseAcquiredCreatesGulf“SuperSystem”GulfofMexico:PantherAcquiredCrudeoilIntegrationTexas/GulfCoast:LavacasystemAcquiredTexas/GulfCoastassetdensityGulfofMexico:VioscaKnollpipelineAcquired“SuperSystem”bolt-onGulfofMexico:DeltaHousedrop-downsAcquiredSignificantGoMgrowthopportunityGulfCoast:PipelineJVwithTargaFormedRepurposeunderutilizedassetOtherGulfofMexicoRoll-ups/bolt-onsInProcessConsolidatehighqualitypositionsDivestNon-CoreAssetsatAttractiveValuationsPropanesegmentdivestitureSoldHigh-grade/redeploycapitalTerminalsandothernon-coredivestituresInProcessHigh-grade/redeploycapitalAMID’sRepositioningUnderway:ProvenTrackRecordofSuccessPPPPPPPPCompletedapproximately$1.1billionofgrowthtransactionsataccretivevaluations

BuildsPlatformforSignificantGrowthOpportunitiesActivePipelineofGrowthOpportunitiestoExpandCoreServiceOfferingEstablishessustainablegrowthtrajectoryandexpansionincoreareasArcLightandaffiliatesCompletedapproximately$1.1billionofdrop-downsandaffiliatetransactionsoverpastthreeyearsBacklogofover$0.6billioninaccretivedropdownopportunitiesBuildonstrongGulfofMexicoandSoutheastassetbaseSignificantjointventureopportunitiestobuildcombinedplatformEIG&TailwaterActivemidstreaminvestorswithcomplementaryassetportfoliosDropdownsorJointVentureswithAffiliates1OrganicGrowthProjects2ThirdPartyAcquisitions3AbilitytodevelopmultibilliondollargreenfieldopportunitiesDevelopnewinterconnectivityandsupplytopetrochemandexportprojectsinCorpusChristiPipelinestosupplyhydrocarbonsfromcoreareastohigh-growthdemandmarketsinU.S.GulfCoastHistoryofacquiringatattractivemultiplesBolt-onsthataddimmediateassetdensityandcreatesynergiesincoreareasCreatespathwaytogrowthcapitalprojects

AttractiveCashFlowBenefitsCombinedcompanyisexpectedtogenerateover$300millioninannualized2018AdjustedEBITDAImmediatelyaccretivetoAMIDDCFperunitLowsingle-digitaccretionin2018and2019,approachingdoubledigitsin2020Strongdistributioncoverageof1.1x-1.3xEnhancessecurityofdistributionwithpotentialforfuturegrowthAnnualEBITDAsynergiesof$15-$20millionwithin18monthsofclosingStrongcashflowstabilitywith93%fee/fixedmarginproformagrossmargin(1)StrongerCapitalStructureTransactionsupportsdeleveragingcreditprofilethrough2019Initialtrailingleveragenear4.5xwithpathto3.5xwithin18monthsNear-termassetsalesatattractivemultiplesminimizeneedforexternalcapitalClosetransactionwith$300to400millionofliquiditytosupportcontinuedgrowthLargebalancesheetallowsformoreattractivecapitalsolutionsatlowercostsUnitholderBenefitsNumerousopportunitiestodeploygrowthcapitalinhighlyaccretiveprojectsSubstantiallyincreasesAMID’stradingliquidityandpublicfloatSXEunitholderstoreceiveproratacashdistributionsAmorediversifiedandcompetitivecompanywithsignificantgrowthoptionalityStrengthensFinancialFlexibility123(1)AsofJune30,2017Note:DCFandEBITDAarenon-GAAPmeasures.See"Non-GAAPMeasures"inappendixformoreinformation.

BenefitsoftheCombinedPartnershipsIncreasesScaleBuildsDensityinCoreGrowthAreasApproximately$3billionproformaenterprisevalueAttractiveacquisitionpriceatsingle-digitEBITDAmultiplePositionsforgrowthopportunities,targetedacquisitionsanddropdownsBuildsassetdensityandfullvaluechainparticipationwithintheEagleFord,theGulfCoast,andtheSoutheastU.S.Connectspremier,producingregionwithmostattractiveU.S.demandmarketsSupportsRepositioningandGrowthContinuesAMID’srepositioningandcapitalrepurposingobjectives:SimplifiedbusinessmodelandcommercialorientationSolidifiedandgrowingDCFprofileExpandedorganicgrowthplatformCompellingTransactionLogicBringsAMID’scommercial/operationalplaybookandexpertisetoahigh-qualityplatformthatiscapitalconstrainedAllowsAMIDtocreatecompetitivefranchiseinEagleFordwithdirectaccesstohigh-growthdownstreammarketsNote:DCFandEBITDAarenon-GAAPmeasures.See"Non-GAAPMeasures"inappendixformoreinformation.AcceleratestheTransformationofAMIDandExpandsCommercialandOperationalCapabilities+++

Rule425LegendAdditionalInformationandWheretoFindItThispresentationrelatestoaproposedbusinesscombinationbetweenAmericanMidstreamandSouthcrossEnergy.Inconnectionwiththeproposedtransaction,AmericanMidstreamand/orSouthcrossEnergyexpecttofileaproxystatement/prospectusandotherdocumentswiththeSEC.WEURGEINVESTORSANDSECURITYHOLDERSTOREADTHEPROXYSTATEMENT/PROSPECTUSANDANYOTHERRELEVANTDOCUMENTSTHATMAYBEFILEDWITHTHESECCAREFULLYANDINTHEIRENTIRETYIFANDWHENTHEYBECOMEAVAILABLEBECAUSETHEYWILLCONTAINIMPORTANTINFORMATION.Anydefinitiveproxystatement(s)(ifandwhenavailable)willbemailedtounitholdersofSouthcrossEnergy.Investorsandsecurityholderswillbeabletoobtainthesematerials(ifandwhentheyareavailable)freeofchargeattheSEC'swebsite,www.sec.gov.Inaddition,copiesofanydocumentsfiledwiththeSECmaybeobtainedfreeofchargefromSouthcrossEnergy'sinvestorrelationswebsiteforinvestorsathttp://investors.southcrossenergy.com,andfromAmericanMidstreams'sinvestorrelationswebsiteathttp://www.americanmidstream.com/investorrelations.Investorsandsecurityholdersmayalsoreadandcopyanyreports,statementsandotherinformationfiledbyAmericanMidstreamandSouthcrosswiththeSECattheSECpublicreferenceroomat100FStreet,N.E.,Washington,D.C.20549.PleasecalltheSECat1-800-SEC-0330orvisittheSEC'swebsiteforfurtherinformationonitspublicreferenceroom.AmericanMidstreamPartners,LP2103CityWestBlvd.Bldg.4,Suite800Houston,TX77042Attention:InvestorRelationsPhone:346-241-3467SouthcrossEnergyPartners,LP1717MainStreet,Suite5200Dallas,TX75201Attention:InvestorRelationsPhone:214-979-3720

ParticipantsintheSolicitationandNoOfferorSolicitationParticipantsintheSolicitationAmericanMidstreamandSouthcrossEnergyandtheirrespectivedirectorsandexecutiveofficersmaybeconsideredparticipantsinthesolicitationofproxiesinconnectionwiththeproposedtransaction.InformationregardingSouthcrossEnergy’sdirectorsandexecutiveofficersisavailableinitsAnnualReportonForm10-KfortheyearendedDecember31,2016,filedwiththeSEConMarch9,2017.InformationregardingAmericanMidstream’sdirectorsandexecutiveofficersisavailableinitsAnnualReportonForm10-KfortheyearendedDecember31,2016,filedwiththeSEConMarch28,2017.Otherinformationregardingtheparticipantsintheproxysolicitationandadescriptionoftheirdirectandindirectinterests,bysecurityholdingsorotherwise,willbecontainedintheproxystatement/prospectusandotherrelevantmaterialstobefiledwiththeSECwhentheybecomeavailable.NoOfferorSolicitationThispresentationdoesnotconstituteanoffertosellorthesolicitationofanoffertobuyanysecurities,orasolicitationofanyvoteorapproval,norshalltherebeanysaleofsecuritiesinanyjurisdictioninwhichsuchoffer,solicitationorsalewouldbeunlawfulpriortoregistrationorqualificationunderthesecuritieslawsofanysuchjurisdiction.NoofferingofsecuritiesshallbemadeexceptbymeansofaprospectusmeetingtherequirementsofSection10oftheSecuritiesActof1933,asamended.

NON-GAAPMEASURESThispresentationincludessupplementalnon-GAAPfinancialmeasures“AdjustedEBITDA”and“DistributableCashFlow.”or“DCF”.YoushouldnotconsiderAdjustedEBITDAorDCFinisolationorasasubstitutefor,ormoremeaningfulthananalysisof,ourresultsasreportedunderGAAP.AdjustedEBITDAandDCFmaybedefineddifferentlybyothercompaniesinourindustry.Ourdefinitionsofthesenon-GAAPfinancialmeasuresmaynotbecomparabletosimilarlytitledmeasuresofothercompanies,therebydiminishingtheirutility.AdjustedEBITDAisasupplementalnon-GAAPfinancialmeasureusedbyourmanagementandexternalusersofourfinancialstatements,suchasinvestors,commercialbanks,researchanalystsandothers,toassess:thefinancialperformanceofourassetswithoutregardtofinancingmethods,capitalstructureorhistoricalcostbasis;theabilityofourassetstogeneratecashflowtomakecashdistributionstoourunitholdersandourgeneralpartner;ouroperatingperformanceandreturnoncapitalascomparedtothoseofothercompaniesinthemidstreamenergysector,withoutregardtofinancingorcapitalstructure;andtheattractivenessofcapitalprojectsandacquisitionsandtheoverallratesofreturnonalternativeinvestmentopportunities.WedefineAdjustedEBITDAasnetincome(loss)attributabletoAMID,plusinterestexpense,incometaxexpense,depreciation,amortizationandaccretionexpenseattributabletoAMID,debtissuancecostspaidduringtheperiod,distributionsfrominvestmentsinunconsolidatedaffiliates,transactionexpenses,certainnon-cashchargessuchasnon-cashequitycompensationexpense,unrealized(gains)lossesonderivativesandselectedchargesthatareunusual,lessconstructionandoperatingmanagementagreementincome,otherpost-employmentbenefitsplannetperiodicbenefit,earningsinunconsolidatedaffiliates,gains(losses)onthesaleofassets,net,andselectedgainsthatareunusual.TheGAAPmeasuremostdirectlycomparabletoourperformancemeasureAdjustedEBITDAisnetincome(loss)attributabletoAMID.Inthisrelease,wepresentexpectedEBITDAsynergiesandproformaannualAdjustedEBITDAfor2018.Weareunabletoprojectnetincome(loss)attributabletoAMIDtoprovidetherelatedreconciliationsexpectedEBITDAsynergiestothemostcomparablefinancialmeasurecalculatedinaccordancewithGAAP,becausetheimpactofchangesindistributionsfromunconsolidatedaffiliates,operatingassetsandliabilities,thevolumeandtimingofpaymentsreceivedandutilizedfromourandSXE’scustomersareoutofourcontrolandcannotbereasonablypredicted.Therefore,thereconciliationofEBITDAandAdjustedEBITDAtoprojectednetincome(loss)attributabletoAMIDisnotavailablewithoutunreasonableeffort.DCFisasignificantperformancemetricusedbyusandbyexternalusersofAMID’sfinancialstatements,suchasinvestors,commercialbanksandresearchanalysts,tocomparebasiccashflowsgeneratedbyustothecashdistributionsweexpecttopayAMID’sunitholders.Usingthismetric,managementandexternalusersofAMID’sfinancialstatementscanquicklycomputethecoverageratioofestimatedcashflowstoplannedcashdistributions.DCFisalsoanimportantfinancialmeasureforAMIDunitholderssinceitservesasanindicatorofAMID’ssuccessinprovidingacashreturnoninvestment.Specifically,thisfinancialmeasuremayindicatetoinvestorswhetherwearegeneratingcashflowatalevelthatcansustainorsupportanincreaseinAMID’squarterlydistributionrates.DCFisalsoaquantitativestandardusedthroughouttheinvestmentcommunitywithrespecttopubliclytradedpartnershipsandlimitedliabilitycompaniesbecausethevalueofaunitofsuchanentityisgenerallydeterminedbytheunit’syield(whichinturnisbasedontheamountofcashdistributionstheentitypaystoaunitholder).DCFwillnotreflectchangesinworkingcapitalbalances.WedefineDCFasAdjustedEBITDA,lessinterestexpense,normalizedmaintenancecapitalexpenditures,anddistributionsrelatedtotheSeriesA,SeriesCandSeriesEconvertiblepreferredunits.TheGAAPfinancialmeasuremostcomparabletoDCFisNetincome(loss)attributabletoAMID.

Exhibit 99.3

AmericanMidstreamPartners,LP–InvestorConferenceCall,November1,2017C O R P O R A T E P A R T I C I P A N T S

Mark Buscovich, Manager of Finance

Lynn Bourdon, III, Chairman, President and Chief Executive Officer, American Midstream, LP

Eric Kalamaras, Senior Vice President and Chief Financial Officer, American Midstream, LP

Bruce A. Williamson, Chairman, President and Chief Executive Officer, Southcross Energy, GP

C O N F E R E N C E C A L L P A R T I C I P A N T S

TJ Schultz, RBC Capital Markets

Akil Marsh, Janney Montgomery Scott

Matt Niblack, HITE

Sanjay Aiyar, Coherence Capital

Aspen Capital

P R E S E N T A T I O N

Operator:

Goodmorning.MynameisChristinaandIwillbeyourconferenceoperatortoday.Atthistime,IwouldliketowelcometotheAmericanMidstreamInvestorConferenceCall.Alllineshavebeenplacedonmutetopreventanybackgroundnoise.Afterthespeakers’remarkstherewillbeaquestionandanswersession.Ifyouwouldliketoaskaquestionduringthistime,simplypressstar,thenthenumberoneonyourtelephonekeypad.Ifyouwouldliketowithdrawyourquestion,pressthepoundkey.Thankyou.

MarkBuscovich,youmaybeginyourconference.

Mark Buscovich:

GoodmorningandwelcometotheAmericanMidstreamPartnersconferencecalltoannouncetheacquisitionofSouthcrossHoldingsandproposedmergerofSouthcrossEnergyPartners,LPintoAmericanMidstreamLP,orAMID.

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ViaVidhasmadeconsiderableeffortstoprovideanaccuratetranscription.Theremaybematerialerrors,omissions,orinaccuraciesinthereportingofthesubstanceoftheconferencecall.Thistranscriptisbeingmadeavailableforinformationpurposesonly.1-888-562-02621-604-929-1352www.viavid.com

AmericanMidstreamPartners,LP–InvestorConferenceCall,November1,2017Thismorning’snewsreleaseoutliningthetransactionandtherelatedsupplementalslidepresentationcanbeaccessedintheInvestorRelationssectionofAmericanMidstreamPartners’websiteatamericanmidstream.com.Pleasenotethecautionarylanguageregardingforward-lookingstatementscontainedinthenewsreleaseandinthissupplementalslidepresentationwhichareintendedtosupportthismorning’scall.Thesamecautionarylanguageappliestostatementsmadeintoday’sconferencecall.

Also,pleasenotethatwemaydiscussnon-GAAPmeasuresonthiscallwhicharedefinedintheAppendixtothesupplementalslidepresentation.

Thiscallwillcontaintime-sensitiveinformationaswellasforward-lookingstatementswhichareonlyapplicableasoftoday,November1,2017.AmericanMidstreamPartnersexpresslydisclaimsanyobligationtoupdateoramendtheinformationcontainedinthisconferencecalltoreflecttheeventsorcircumstancesthatmayariseaftertoday’sdate,exceptasrequiredbyapplicablelaw.Asareminder,today’scallisbeingrecordedandwillbeavailableforreplaysotime-sensitiveinformationmaynolongeraccurateatthetimeofreplay.

BruceWilliamson,ChairmanandChiefExecutiveOfficerofSouthcrossHoldings,LynnBourdon,ChairmanandChiefExecutiveOfficerofAmericanMidstream,andEricKalamaras,ChiefFinancialOfficerofAmericanMidstreamwillprovideopeningcommentsaboutthetransactionandthentheyalongwithBrettAllan,ChiefFinancialOfficerofSouthcrosswilltakeanyquestions.

IwouldnowliketoturnthecallovertoBruceWilliamson.

Bruce A. Williamson:

Thankyou,Mark.Goodmorningandthankyoueveryoneforjoiningusonthecall.I’mpleasedtobeherewithLynnandEricandtherestoftheAmericanMidstreamteam.OnbehalfofbothSouthcrossHoldingsandSouthcrossEnergy,we’reexcitedtoannouncethistransformativecombinationwithAmericanMidstream.Combiningourcompanieswilldeliveracompellingsetoffinancialandoperationalbenefits,aswellasstrategicopportunitiesthatwerenotavailabletoSouthcrossonastandalonebasis.WebelieveSouthcrossinvestors,employees,customersandpartnerswillbenefitfromthegreaterscaleanddiversificationofthismergedcompany,astrongerbalancesheet,enhancedcashflowandasignificantlyexpandedsetoforganicgrowthandacquisitionopportunities.

ThetransactionisparticularlyattractiveinthatitwillallowSouthcrosstobepartofalarger,morediversifiedassetbaseandparticipateinfuturegrowthfromthecombined,significantlylargerandmoreefficientbusinessplatform.

Perhapsmostimportant,byreceivingAmericanMidstreamequitysecurities,thetransactionallowsSouthcrosscommonunitholderstobeginreceivingcashdistributionsagainwhichSouthcrosswouldnotbeabletodoonastandalonebasisfortheforeseeablefuture.

Lastly,forourbankrevolvergroup,ourtermloanandourprivatedebtholders,allofSouthcrossdebtwillberepaidinfullatclosing.Wethankthemfortheirsupportoverthepastyearaswe’verestructuredtheSouthcrosscompanies.

Overall,thisstrategiccombinationisaclearwinforbothpartnershipsandIstronglybelievethatthecombinedentitywillbeabletocreategreatervaluethanthesumofitsparts,andwiththat,IwillturnthecallovertoLynn.

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AmericanMidstreamPartners,LP–InvestorConferenceCall,November1,2017Lynn Bourdon, III:

Thanks,Bruce,andIwanttothankeveryoneforjoiningusonthecallthismorning.WeareexcitedtoannounceatransactionthatacceleratesthetransformationofAmericanMidstreamintobecomingalargerscalepartnershipwithafullyintegratedplatformthatlinkscrudeoil,naturalgasandNGLsuppliestohighergrowthendusermarketsalongtheU.S.GulfCoast.Theproformaenterprisevalueofthecombinedpartnershipisexpectedtobeapproximately$3billion.

TheSouthcrossassetscontainthekindofassetdensityandfullvaluechainparticipationwithhighorganicgrowthpotentialinacorebasinthatmeetsourstatedobjectives.WehaveidentifiedtheGulfCoast,thePermianBasin,EastTexasandtheSoutheastregionasourcoregeographicfocusareas.

TheSouthcrossEagleFordassetsdramaticallyextendourcustomerreachtonumerousproducersintheEagleFordandkeyendusersindownstreammarkets.Inotherwords,thisstrategicallylocatedsystemconnectsgrowingnaturalgasandNGLdemandmarketswithstrongsupplysourcesandgeneratescompellingoperationalandcommercialopportunities.

ThisSouthcrossSoutheastnaturalgasassetsareacomplementaryfitwithourexistingsystemsinthatregionandbringstrongsupplyandadditionalmarketdemandtoourexistingnetworkinthearea.Weplantomorefullyintegratethesetwosystemstoallowustocapturemoremarginandnewgrowth.

Followingthecloseofthetransaction,webelievewewillbeinastrongerandmuchbetterpositiontocontinuetodeliveronfuturedistributablecashflowgrowth.Ericwillwalkthroughthestructureandfinancialdetailsofthetransactionshortly.

Whatmakesthistransactionsocompellingisthatitprovidessubstantialnearandlongtermtransformationalbenefitswhileenhancingourstrategicgrowthpotential.Itcapturesthefullmidstreamvaluechainwhilekeepingastrongfixedfeeprofilewithapproximately93%oftheproformagrossmarginfromfixedfeeorfixedmargincontracts.Wehavealreadyidentifiednumerousoperationalandcommercialsynergiesthatwewillworktorealizeimmediatelyuponclosing.Wealsoseeenormousvaluechainextensionopportunitiesthatwebelievecanbecapturedandexpandedoverthenextseveralyears,makingthistransactionsignificantlymorevaluableovertime.

ThecombinationofourSoutheastgasassetsespeciallyfacilitatescommercialefficienciesandprovidesalargerandmorediversecustomerbasebothonthesupplysideandthedemandsideinastrongmarketarea.

ThemaponSlide7showsournewstrategicfootprint.Byputtingthesetwosetsofassetstogether,weexpecttoservemorecustomersandincreasevolumesonthegassupplyside,andservemorecustomersandincreasevolumesonthedemandsidethaneachpartnershipwouldhavebeenabletodoonastandalonebasis.So,withthekindofrevenuesynergiesweexpect,oneplusonewillequalmuchmorethantwoasacombinedcompany.

WebelieveSouthcross’fullyintegratedandhighdensitysystemintheEagleFordisundervaluedbythemarketandwearepleasedtobesecuringitatanattractivevaluation.Thisisakeystepinourstrategicplantoownasubstantialandintegratedsysteminqualitybasinsandadvancesoutstrategyofreinvestingourcapitalinbusinessesthathavethepotentialtodeliverhighreturns.

InMississippiandAlabama,theproximityofourassetstotheSouthcrosssystemsallowsforalmostseamlessintegrationandtherearenumerousopportunitiesforustoconnecttheSouthcrosssystemswiththeAmericanMidstreamsystemsatalmosteverydeliveryorreceiptpoint.

ThecombinedassetsconnectgassupplyonSouthcrossSoutheastsystemstopremiummarketsviaAmericanMidstream’stransmissionsystemandinterstatepipelineinterconnects.AndwithAmericanMidstream’sgreaterfinancialliquidityandflexibility,wecandrivemoremoleculestotheunderutilizedSouthcrossplantsandpipelines.

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AmericanMidstreamPartners,LP–InvestorConferenceCall,November1,2017Lookingforward,weareveryenthusiasticaboutthegrowthplatformthistransactioncreates.Fromthisdynamicplatform,wearepositionedtogroworganicallybyexpandingandconnectingoursystemsorbyacquiringbolt-onassetstoenhanceourpresenceinthearea,andincreaseourpenetrationofpremiumGulfCoastmarkets.AsSlide8illustrates,wehavesignificantoptionalityforhighvalueprojectsthatwebelievecouldbehighlyimpactfulandmakeAmericanMidstreamapremierplayeralongtheGulfCoast.

CorpusChristiisagrowinghubforbothnaturalgasandNGLdemandandexports,andtheportismuchlesscongestedthantheHoustonShipChannelarea.TheEagleFordassetsarestrategicallylocatedincloseproximitytoCorpusChristi,creatingnewcommercializationopportunities.IncreasingourconnectivitytoCorpusshouldallowustofurtherrealizecommercialandoperatingsynergieswithourotherexistingGulfCoastassets.

Ourpremierfractionationcomplex,whichisintegratedwithLyondellPetrochemicalfacility,providesfavorableaccesstoCorpusChristi’sShipChannelandtheindustrialcomplex.TheseassetsarealsoideallylocatedadjacenttotheAguaDolceHubandhavedirectaccesstoNETMexicoandValleyCrossingpipelinestosupplytheMexicanexportdemandpull.

WealsoseethepotentialtotransportPermianvolumesaccessedbyAMIDtotheSouthTexasfractionationcomplexandpremiumCorpusChristidemand.WithcustomersinthePermian,EagleFordandGulfofMexico,linkingsupplyfromallofthesebasinstothegrowingdemandinCorpuscouldcreatesubstantialvalue.

AsyoucanseeonSlide9,TexasGulfCoastNGLandnaturalgasdemandgrowthisstrongandexpectedtoincreasebyasmuchas75%and30%,respectively,overthenext10years.

WebelieveourrecentsuccessinexecutingonourGulfCoastandGulfofMexicostrategydemonstratesourabilitytoestablishanimpactfulpositioninaprolificbasinandstrategicallyexpandourreachandoptionality.Inaddition,wehavesuccessfullyredeployedcapitalfromthesaleofournon-corepropanebusinessbyinvestingintheunderutilizedCayennePipelineandcreatinganintegratedoffshorepipelinesystemthatoffersproducersmultipleoptionsforgasprocessingservicesandrelatedliquidsmarketing.We’veaddedtoourinvestmentsinboththeDestinandOkeanospipelinesandourDeltaHouseassets.

So,asyoucanseeonSlide10,wehavecompletedover$1.1billionofgrowthtransactionsataccretivevaluations.Alloftheseactionsdemonstrateourwillingnessandabilitytotakeboldstepsanddecisiveactiontoredeploycapitalfromnon-coreassetsintomorestrategicassetsthathavehighergrowthpotential.

Weareproudofthedramatictransformationwehaveachievedinaveryshortperiodoftime.Thislatesttransactionisanothermajorstepinexecutingonourstrategytobecomeamorecompetitiveandintegratedplayer.BetweenSouthcrossandtheJPEnergy’sconsolidationweclosedearlierthisyear,multiplebolt-onacquisitionsandthesaleofourpropanebusiness,wehavesuccessfullyreallocated$1.7billionofcapitalintohighreturnbusinessesinthepastyearalone.

Wecontinuetoenhanceourfocusoncoreareasthatoffersignificantopportunitiesfororganicandbolt-onexpansion,bothintheneartermandinthelongterm.AndasSlide11demonstrates,wehaveanactivegrowthpipelineprovidingvisibilityintofutureexpansionandtheoptionalitythatsupportsourgrowthtrajectory.

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AmericanMidstreamPartners,LP–InvestorConferenceCall,November1,2017Withthat,IwouldliketoturnthecallovertoEricwhowilldiscussthetransactioninmoredetailaswellasprovideafinancialoutlookforthecombinedpartnership.

Eric Kalamaras:

Thanks,Lynn.Beforeweaddressthefinancialbenefitsofthetransaction,IwillfirstwalkthroughthestructurewhichisalsoprovidedonSlides4and5.

Weannouncedtodaythesigningoftwotransactionstoacquirecertainwholly-ownedsubsidiariesofSouthcrossHoldings,theGeneralPartnerofpubliclytradedSouthcrossEnergyPartners,andtomergeSouthcrossEnergyPartnersinaunit-for-unittransactionwithtotalvalueofapproximately$815million.

TheSouthcrossHoldingstransactionincludes3.4millionAmericanMidstreamcommonunits,4.5millionofnewSeriesEconvertiblepreferredunits,4.5millionAmericanstylecalloptionsandtheassumptionofapproximately$139millionofnetdebt.

TheconvertiblepreferredunitswillbeissuedtoSouthcrossHoldingsat$15andAMIDwillhavetherighttoconvertintocommonunitsatapproximately$22.50,subjecttoavalue-weightedadjustment.Theoptionswillhaveastrikepriceof$18.50andexpirein2022.

TheSouthcrossEnergyPartnerstransactioninvolvesaunit-for-unitexchangewhereby100%ofSouthcrossEnergypublicunitholderswillreceivenewlyissuedAmericanMidstreamcommonunitsatanexchangeratioof0.16AMIDcommonunitsfor1Southcrosscommonunit.Asaresult,AmericanMidstreamexpecttoissue3.5millionunitsinexchangefor22.1millionSouthcrossunits.

Thisisexpectedtobeanon-taxableexchangeandrepresentsa5%premiumtoSouthcrosscommonunitholdersbasedonthe20-dayvolume-weightedaveragepriceexchangeratioofbothAMIDandSXE.

Upontheclosingofthetransactions,thecombinedcompanyisexpectedtogenerateannualized2018AdjustedEBITDAinexcessof$300million.ThetransactionimmediatelyallowsforthenewAmericanMidstreamtocontinuegrowingitsdistributablecashflow.Asaresult,wearetargetingsingle-digitaccretionfor2018and2019distributablecashflowperunitandapproachingdouble-digitaccretionin2020andbeyond.Additionally,theacquisitionoftheseassetsandtheopportunitiestheyprovidecreatesapathtosolidcoverageratiobetween1.1and1.3times.

Wealsoexpecttorealizeapproximately$15millionto$20millionofsynergieswithin18monthsofclosingthroughtheeliminationofduplicativepubliccompanycosts,operationalexpensesavingsaswellascommercializationopportunities.

TheAMIDboardandtheSouthcrossComplexCommitteeaswellastheboardsofdirectorsofbothSouthcrossEnergyandSouthcrossHoldingshaveapprovedthetransactionandweexpectitcloseinthesecondquarterof2018subjecttocustomaryclosingconditionsincludingSouthcrosspublicunitholderandregulatoryapprovals.

I’dliketomentionthattheacquisitionofSouthcrossHoldingsandthemergerbetweenAmericanMidstreamandSouthcrossEnergyPartnersarecross-conditionedononeanother.WedonotanticipateclosingtheacquisitionwithSouthcrossEnergyPartnerswithoutclosingtheSouthcrossHoldingstransaction.

Also,theproposedacquisitionmustbeapprovedbyamajorityoftheunaffiliatedpubliccommonunitholdersofSouthcrossEnergyPartners.WeanticipatetheSouthcrosscommonunitholdervotetooccurinthefirstquarterof2018.

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AmericanMidstreamPartners,LP–InvestorConferenceCall,November1,2017Now,webelievethistransactionwillbeattractivetoSouthcrosscommonunitholdersasitwouldallowthemtoparticipateinthefuturegrowthofthecombinedbusinessesandfromAmericanMidstream’sbackloggedcapitalprojects,itslargerandmorediversifiedassetbaseandasignificantlymoreflexiblecapitalstructure.ItwouldalsoallowforSouthcrosscommonunitholderstobeginreceivingcashdistributions.SouthcrossunitholdersareexpectedtoreceiveaprorataquarterlydistributionbasedonAmericanMidstream’sannualizeddistributionof$1.65percommonunit.Infact,thiswillrepresentthefirstdistributionSouthcrossunitholderswillreceiveinwellovertwoyears.

Inaseparatetransaction,ArcLight,whichisthesponsorofAmericanMidstream’sGeneralPartner,hasagreedtotransferownershipof15%ofAmericanMidstream’sGeneralPartnertoEIGandTailwaterwhicharecurrentownersofSouthcrossHoldings.ArcLighthasshownsubstantialcommitmenttoAMIDandtheircontinuedsponsorshipofthecombinedbusinessshouldbenefitallstakeholdersgoingforward.

AspartofAMID’sbalancesheetstrategy,AmericanMidstreamplanstoincreasethesizeofitsexistingcreditfacilityandextenditsduration,toincreasethecombinedpartnership’sliquidityandflexibility.Slide12outlinessomeofthefinancialbenefitsofthetransaction.

Ourobjectiveistomaintainabalancedandefficientcapitalstructure.Weplantorefinanceapproximately$517millionofSXEnetdebtandapproximately$139millionofSouthcrossHoldingsnetdebtwithnon-coreassetsales,increasedrevolverborrowings,highyieldnotesandmodestequity.Aspreviouslyannounced,andaspartofourongoingobjectivesofoptimizingourcapitalstructure,weexpecttoannounceanadditional$400millionto$500millioninnon-coreassetsaleswhichessentiallyrepresentsAMID’sterminalsbusiness.Thenetresultisweareeffectivelyredeployingcapitalandsolidifyingastrongbalancesheetforthecombinedcompanythatwillbenefitusenormouslyasweseektofinanceourgrowthoverthelongterm.Staytunedforfurtherupdatesregardingalloftheseefforts.

Thesecapitalsolutionsshouldalsoprovideanumberofimportantbenefitstoourproformabalancesheet.ThecombinedcompanywillcarryatclosingproformadebttoEBITDAofapproximately4.5timeswithan18-monthpathtowards3.5times.Italsolaysthegroundworkforproformaliquiditybetween$300millionand$400million,allowingustoredeploygrowthcapitalimmediatelyafterclosing.

Mostimportantly,itenhancesouraccesstosourcesofcapitalasaresultofourincreasedscale.ThiscreatesenormousopportunitiesforAmericanMidstreamincludingtheabilitytoaccelerateorganicgrowth,topursuethirdpartystrategicorbolt-ontransactions,andtopursuejointventureswithoursponsorArcLight,aswellasotherassetdropdowns.

BeforeIturnthecallbacktoLynnforsomeclosingremarksandopenthelineforquestions,I’dliketoremindlistenersthatwearesettoreleasethirdquarter2017earningsonNovember8th.Wewouldaskthatyoulimityourquestionsonlytothetransactionandrefrainfromquestionsregardingthirdquarterperformance.Lynn?

Lynn Bourdon, III:

Thanks,Eric.AtthistimeIwouldliketothankBruceandhisentiremanagementteamfortheirhelpandsupportduringthisprocessaswellasthroughtheupcomingintegrationprocess.IwouldalsoliketowelcometheSouthcrossteamtoAMIDandwelookforwardtomeetingwithyouintheverynearfuture.

Thistransactioniscreatingalargermidstreamcompanywithaplatformofcomplementaryassetsandservicesthatallowsforhigherorganicgrowth,newbusinessopportunitiesandastrongerfinancialpositionwithbetteraccesstocapitalthanwhateithercompanycouldachieveseparately.And,itbringstoAMIDasetofhighqualityassetsthatwerenotabletofullyachievetheiroperationalorcommercial

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AmericanMidstreamPartners,LP–InvestorConferenceCall,November1,2017potentialunderthepreviousownership.AMIDhasastronghistoryofbuildingvaluethroughacquisition,divestituresandcapitalredeploymentandIamproudofourtrackrecordandwhatwehaveaccomplishedinsuchashortperiodoftime.Weareconfidentthatourcombinedunitholders,employees,customersandpartnerswillbenefitfromourgreaterscale,increasedoperationalandcommercialflexibility,enhancedcashflowandgrowingDCFonaperunitbasis,andasignificantlyexpandedsetofgrowthopportunities.

Withthat,wewouldbehappytoopenupthelinesforquestions.Operator?

Operator:

AtthistimeIwouldliketoremindeveryoneinordertoaskaquestion,pressstar,thenthenumberoneonyourtelephonekeypad.We’llpauseforamomenttocompiletheQ&Aroster.

YourfirstquestioncomesfromTJSchultzfromRBCCapitalMarkets.Yourlineisopen.

TJ Schultz:

Great.Thanks,guys.Congratulations.JustfirstquestionontheSouthcrossassets.IthinkoneofthefracswasrecentlyidledandY-gradeisgoingto(inaudible).Canyoujustgenerallydiscussyourplanswiththeassetsduringthenextonetotwoyears?Maybeaswethinkaboutthat$300millionofEBITDAnextyearforthecombinedentity,whatdoesitassumeforrampandutilizationofthecurrentSouthcrossassets,fromgatheringtoprocessingtofraccapacity?

Lynn Bourdon, III:

TJ,that’sagreatquestionandIthinkthesimpleassetiswe’regoingtoworkonfillingthemupandpotentiallyexpandingthem.ThereareanumberofopportunitieswebelieveforY-gradetocomedownfromthePermianBasin.WeknowthattherearefolksthatareworkingonadditionaloutletsforY-gradeoutofthatareaandwethinkCorpusChristiisagreatplaceforthatproducttocomewiththegrowingpetrochemicalbaseandcontinuedexportmarketopportunities.So,Ithinkweseethoseassetsbeingmuchmorehighlyutilizedinthenearfutureaswetapintoadditionalsupply,bothfromtheindigenousareaaswellasoutoftheotherareas.

TJ Schultz:

Okay.AsyoutalkaboutthatcloseproximitytoalotofthedemandinCorpus,ifyoucouldjustexpandabitonthecompetitivedynamicforyouallinthatmarket?Howyouwouldbelookingtocapitalizeonthisnewfootprint,andasyoumentioned,workonsomepotentialvaluechainextensions,ifyouwill.Iguesswhatarethemostlogicalextensionsforyou?Whataresomeofthesynergiesthatyouseekindofnearterm?

Lynn Bourdon, III:

Ithinkthemostlogicalextension,oneiswehaveaphenomenalpartnerwithLyondellPetrochemicalrighttherethattheRobstownFractionatorisintegratedwith,andsowe’rekeenandabletosupplythemwithgrowingfeedstockneedsthattheyhave.There’sotherfolksthatarealsomovingintotheareaandtherearepeoplethatareexistingintheareathatwecancontinuetofeedaswell.

Ithinkamongstthatyouhavetheexportmarketandyouhaveplentyofotheradditionalmarketsthatyoucantieinto.It’safunctionofgrowingasupplyintoboththegathering/processingsideofthingsaswellasinthedownstreamfractionationplants.SoIthinkallofthosebecometheobvioustypesofopportunitysets.

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AmericanMidstreamPartners,LP–InvestorConferenceCall,November1,2017TJ Schultz:

Okay.Justlastoneformeonthepotentialassetsales,$400millionto$500million.HowfaralongisthatprocessandthenhowareyouaccountingforthatlostcashflowintheoutlookonEBITDAin2018?

Eric Kalamaras:

Hi,TJ.Goodmorning.Thanksforthequestion.WeareIwouldsayinvaryingstagesofevaluatingsalesofallorselectterminalassets.Ithinkwe’dliketohavethebulkofthiscompletedcertainlybeforeclose,whichwethinkaboutkindoffirstquartertimeframeofgettingmuchofthiscompleted.

AswethinkabouttheEBITDA,reallythinkaboutitintermsofifwetrytomatchmostofthisrelativelytoclosing,whatyoureallydoissupplantingfromtheterminalstothenewEBITDAfromtheSouthcrossfamilyofcompanies.Muchofwhatwe’vedoneinourcapitaloptimizationprocesshasreallybeenstructured.Wetrytoselloneassetandthenbringonothersin,andyou’veseenaseriesofannouncementsthatwe’vemadewithinavery,veryshortperiodoftime,sowehaveademonstratedtrackrecordofbeingabletotimethosesalesandpurchases.So,wethinkthatwe’regoingtobeinafairlygoodspottominimizeandsortofcashflowdilutionorgap,ifyouwill.

TJ Schultz:

Gotit.Thanks,guys.

Operator:

YournextquestioncomesfromAkilMarshwithJanney.Yourlineisopen.

Akil Marsh:

Hi.Congratsonthetransaction.Intermsofthediscussionaboutgettingtheleveragedownto3.5times,inthepresentationyounotedthattheremightbesomemodestequityissuancesaroundthat.Couldyouprovideanyadditionalcolorintermsofhowbigmodestis?

Eric Kalamaras:

Sure.Thanksforthequestion.Wecanonlycommentsomuchoncapitalmarkettransactionsandwereallykindofprobablyhavegonebeyondwherewe’dliketogowiththis.

WhatIwouldsayisrememberalsothatanyequitythatwewoulddoissomeofthefunctionofhowwethinkabouttheassetsales.Wehavesomeveryattractiveassetshere,andwhiletheymaybenotascoretoAmericanMidstream,I’lltellyoutheyareverycoretosomeotherpartiesandtheseareverywellsoughtafterassets.Iwouldtellyouthatourfocusisabsolutelykeepinganysortofequitytobeaminimumamount,butIwouldaskyoujusttostaytunedonthatandwe’llhavemoreupdatesaswegetthroughsomeofouroptimizationprocesshere.

Akil Marsh:

Okay.TheninregardstoArcLight’spriorsupportforthe5%distributablecashflowgrowthin’17and’18,isthatsponsorsupportstillthere,oristhatkindofgonenowwiththistransaction?

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AmericanMidstreamPartners,LP–InvestorConferenceCall,November1,2017Eric Kalamaras:

No,nothingchangeswiththatsupport.Recallthatwhenweexitedsecondquarterof2017thatwestillhadafairbitofthatcashavailabletous,sonothingwiththatimpactsthistransactionatall.

Akil Marsh:

Okay.Onelastonefromme.Intermsofnon-core,youobviouslymentionedtheterminalassets,butwheredoyourBakkenassetsfitintohowyouthinkaboutcoreversusnon-core?

Lynn Bourdon, III:

Welikewherethephysicallocationofourassetsare.WhenyoulookattheBakkenandyoulookatkindofthecoreofthecoreofthecoreisexactlywhereourassetsare.WehaverecentlystartedupaconnectiontotheDAPLpipelineandwecontinuetoseegrowthonthoseassets.

Inourparticularareaandunderneathourparticularassets,thesingleproducerthat’sundertherehasnotbeenthatactivebutweexpectthatthatwillchange,andascrudeoilpricesrecoverandcontinuetostabilize,wewouldexpecttoseemoredrillingunderneathoursystemandseesomegrowthopportunities.

So,it’sanassetwhereandalocationwherewe’venotlookedtoputsignificantadditionaldollarsinplayatthemoment,butthatdoesn’tmeanwewouldn’tifwesawareallygoodopportunitythatwaseitherabolt-onorifwehadanorganicopportunitythatwouldcomeaboutthatwouldbeagoodfit.We’vebeenfocusedmoreintentlyrighthereontheGulfCoastandtheGulfofMexicobecausewehadmoreopportunities,frankly,thatwerejustactionableandthat’salwaysapartofyourstrategyisyouhavetolookatwherecanyouactuallyexecute.Youmightliketodothingsinotherareasbutifyoudon’thavewillingpartiesorifyoudon’tthingsthatareavailablethatareattractivetoyouatthemoment,thenyoustrikewhereyoucanandwhereyouseegoodvalue,andwehaveannouncedanumberofdealsthatarehighlyaccretivetothePartnershipinareasthatwereallyliketoparticipate.That’sreallywhywe’vesaidthatfornowourfocushasbeeninEastTexas.It’sintheGulfofMexico.It’salongtheGulfCoast.It’sintheSoutheastareaandoverinthePermianbecausewe’refindingplacestheretotransactandgroworganically.

Akil Marsh:

Great,thanks.I’llstepinthequeue.

Operator:

YournextquestioncomesfromMattNiblackfromHITECapital.Yourlineisopen.

Matt Niblack:

Hi.Thanksfortakingthequestionandcongratulationsonthetransformativetransactionhere.Justtobetterunderstandthe$300millioninEBITDAguidancefor2018,sopresumablythis,numberone,assumesthedisposalorthesuccessfuldisposalofthesupportive$500millioninassets,andthennumbertwo,justtofollow-upontheearlierquestionaroundtheEagleFord,we’veseenaprettyhardrolloverintheEagleFordrigcount,sotowhatextenthaveyoutakeasortofbasin-wideview,thatmightbelessrobustgrowththanwhatpeoplethoughtevenacoupleofmonthsago,intoaccountinputtingthatnumberforward?

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Goodmorning,Matt.Goodtohearfromyou.You’reright.Regardingtheassetsaleswehaveembeddedthatintotheproformalookhere.Tryingtobecomprehensiveandgiveyouasmuchdirectiononthataswecan.I’lltellyou,(inaudible)ontheforecastandthedevelopmentthere.Wetookthebottom’supviewonhowwethoughtaboutvolumesacrossalloftheassetsandcertainlyhearyourthoughtsonthat.Ithinkwe’retakingwhatweviewastobeaprettyconservativeandprospectivelookatwherethemarketistoday,bothfromavolumetricandfromamargincontractperspective,andsoIthinkwe’vetriedtocaptureasmuchaswecanwiththedegreeofvisibilitythatonecanatleasthaveinthat.

Ithinkwefeelprettygoodaboutwhereweareasitrelatestovolumesandaswethinkaboutkindofmark-to-market,ifyouwill,ofcontractingopportunitiesandreflectingthataccordinglyinthemodel.

Matt Niblack:

Okay.Iguesstheideaisthattheintegratedfootprintthatyou’llhavenowbetweentheSouthcrossassetsandtheAMIDassets,you’llbeabletoovercomesomeofthisoverbuiltthat’shappenedincertainpartsofthevaluechainintheEagleFordandbeabletosortofdirectvolumesinawaythatneithercompanycouldhavedoneonitsownpreviously.

Eric Kalamaras:

Yes,ImeanyouthinkabouttheexistingcapabilitiesthatSouthcrosshastoday,ahostofnewproducerrelationshipsthatwethinkwecanbringvolumeintothoseassets.There’sawholelistofopportunityaroundbringingadditionalvolumethroughfromthePermian,potentiallyoverfromtheGulf.There’salotofthingswecandotherefromanoptionalityperspective.

Iwouldsubmitthatwe’renotlookingatthisasaresourceplaylongerterm.Thisisreallyaboutamuchmorestrategicbolt-onconnectivity.IfyouthinkabouttheSoutheast,there’sgastransmissionassets,forinstance.Imeanthere’salotofsteel-on-steelconnectivityhere.It’sreallybeyondjustkindofimmediateandnearlineofsightresourcedevelopment.

Matt Niblack:

Right.Good.Thenintermsofthedivestitureprocess,couldyoudescribemaybeinalittlemoredetailthestagethatthatprocessisinandaloosetimelineforwhenyou’dexpectannouncementorannouncements?

Eric Kalamaras:

AsIsaid,wewouldlooktohavethebulkofthiscompletedinfirstquarter.Wehavestartedalreadyontheprocess.Idon’twanttosaymuchmorethanwhatI’vesaidforavarietyofreasons,butIwouldtellyouthis.Look,(inaudible)wecanhavesomeannouncementshereoverthenextcoupleofmonthsandhavethebulkofthiscompletedinQ1.

Matt Niblack:

Okay,andthenlastquestion,andapologiesifImissedthisalongtheway.Istherecapexguidanceforthebalanceofthisyearandfor2018associatedwiththeEBITDAguidanceyouprovided?

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Wedidnotprovideaproformacapitallookinto2018.Whenyoudoatransaction,atthisstage,Matt,whereweareinvariousbudgetcycles,Ithinkwewanttoholdthatuntilwegetthroughandgettobeabitmoreinclusive,notonlywithSouthcrossbutalsoofAMIDaswell.

Matt Niblack:

Great.Thankyouverymuch.

Eric Kalamaras:

Thankyou.

Operator:

YournextquestioncomesfromToddSolomonfromRothschild.Yourlineisopen.

Eric Kalamaras:

HeyTodd,goodmorning.

Operator:

YournextquestioncomesfromSanjayAiyarfromCoherenceCapital.Yourlineisopen.

Sanjay Aiyar:

Hi.Thanksfortakingthequestion.IjustwanttomakesureIheardcorrectly.Soitwas517ofSXEdebtand139ofSouthcrosswhichwillberefi-edbyrevolversandpotentiallynotes.Isthatcorrect?Withsomeportionofequity?

Eric Kalamaras:

Yes,that’scorrect.

Sanjay Aiyar:

Okay,great.ThenI’mnotsureifImissedthisbuttheclosingofSouthcross,isthatalsogoingtocoincidewiththe1Q2018sothattheassetsaleskindofoverlapwiththat?

Eric Kalamaras:

Ithinkyouwouldthinkaboutthatbeing,forallintentsandpurposes,contemporaneous.Ithinkyou’dliketoseethesalespriortotheclosing.Itdoesn’tnecessarilyhavetogoexactlylikethatbutwewouldliketoseecertainlythelion’sshareorsubstantiallyallofthatcompletedpriortoclosing.

Sanjay Aiyar:

Gotit.Youhadanotherpressreleaseforanincrease,a17%stakeincreaseinDestinPipeline.DoesthatEBITDAguidancethatyougavefor’18includethat,andhowdoyouplanto(inaudible)?

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Theanswerisyes,itdoesincludethat.Ifyoutakeastepback,wehaveredeployedasubstantialamountofcapitalandatthispointwewillhaveredeployedalloftheproceedsfromthepropanesaleandthensome.Sowewouldhaveusedanallocationofcashfromthesaleofthepropanebusiness,whichwewouldhaveannouncedinthefirstpartofSeptember,aswellasborrowingsfromourcreditfacility.

Sanjay Aiyar:

Great.ThenfortheRBLthatyou’regoingtogrow,whatsizedoyouthinkyou’llgrowtoandwhatmaturityareyoutryingtoget?

Eric Kalamaras:

Sure.So,wethinkthatabusinesslikethisreallyneedstohavearevolverinexcessofabilliondollars.Itdoesn’thaveto.That’skindofwhat—we’retryingtocomeoutofthiswhereweareinabetterliquidityspotthanwearetoday,andwethink$300millionto$400millionisanicespottostarttocombinethebusinesswith,andsothatwouldgetyoutoroughlyabilliondollarsorso,kindofplusorminus,andwe’dliketogooutwithamaturitysomewhereinthethree-tofive-yeararea,butwe’llstartthesyndicationprocessoncewegetthroughtheseannouncementsandthroughearnings.Sostaytunedforallthat.We’llstartthesyndicationprocesshereinthenextfewweeks.

Sanjay Aiyar:

Great.Thenjustdoingsomequickmath,ifItakethedebtthatyou’regoingtorefi,andIusetheEBITDAguidancethatyougaveandthenlookatsomeoftheassetsales,itseemslikeyoumaynotevenneedtousealltheassetsaleproceedstorefithedebt,sohowdowereconcilethatwithpotentiallythinkingaboutusingsomeequitieswhileyousaidthat—Imeancanyougiveusanymoreguidanceonthesplitbetweennewdebtandmodestequityandportionofassetsalesthat’llbeusedtopaythatdown.

Eric Kalamaras:

That’sagreatquestion.Idon’twanttogetthatmyopicwithitall.Iwouldsaythis,right?Weare—therearealotofmovingpiecesherewithallthisanditreally—onekindofdependsontheother,right?Dependingonhowmuchyouenduprefi-ingwithnotesandassetsales,andsoitstartsbecomingcircularveryquickly.So,Iwouldaskthis.IfyoucanbepatientwithusforacoupleofmonthshereandletusworkthroughsomeofthesethingsandthenIthinkwecanbeinaspottobeperhapsabitmoretransparentoncewemovethroughourprocess.

Sanjay Aiyar:

Okay,great.Thankyou.

Eric Kalamaras:

Sure.Thankyou.

Operator:

Again,ifyouwouldliketoaskaquestion,pleasepressstar,thenthenumberoneonyourtelephonekeypad.

Yournextquestioncomesfrom(Inaudible)fromAspenCapitalManagement.Yourlineisopen.

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AmericanMidstreamPartners,LP–InvestorConferenceCall,November1,2017Male Speaker:

Thanksfortakingmyquestion.Iwonderifyoucouldcommentonthebreak-upfeesassociatedwiththetransaction,please?

Eric Kalamaras:

Thereareacoupleofdifferentthingshere.Wedohaveanabilityto—bothpartieshavetheabilitytoeffectivelybreakthedeal.Iwouldsaythatthere’scustomarysortofbreakfeeshere.There’sareversetermination.There’salsofinancingtermination.Iwouldsaythesearelargelycustomaryforadealofthissizeandwe’llhavefurtherinformationonthisonceweputoutthefullprospectussupplement.

Male Speaker:

Sure.What’sthetimingofthat,please?

Eric Kalamaras:

Ithinkwewouldlooktohavethatoutinthenextsixtoeightweeks.

Male Speaker:

Okay.Thankyou.

Operator:

Therearenofurtherquestionsatthistime.IreturnthecallbackovertoLynnBourdon.

Lynn Bourdon, III:

Thankyou,Operator.We,again,appreciateeverybodytakingtimetojoinusthismorning.We’reveryexcitedaboutthistransactionandlookforwardtospeakingwitheverybodyagainsoon.

Operator:

Thisconcludestoday’sconferencecall.Youmaynowdisconnect.

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