<SEC-DOCUMENT>0001193125-15-254712.txt : 20150716
<SEC-HEADER>0001193125-15-254712.hdr.sgml : 20150716
<ACCEPTANCE-DATETIME>20150716143600
ACCESSION NUMBER:		0001193125-15-254712
CONFORMED SUBMISSION TYPE:	8-K/A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20150716
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20150716
DATE AS OF CHANGE:		20150716

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GENESIS ENERGY LP
		CENTRAL INDEX KEY:			0001022321
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-PETROLEUM BULK STATIONS & TERMINALS [5171]
		IRS NUMBER:				760513049
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12295
		FILM NUMBER:		15991311

	BUSINESS ADDRESS:	
		STREET 1:		919 MILAM, SUITE 2100
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002
		BUSINESS PHONE:		7138602500

	MAIL ADDRESS:	
		STREET 1:		919 MILAM, SUITE 2100
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K/A
<SEQUENCE>1
<FILENAME>d44948d8ka.htm
<DESCRIPTION>FORM 8-K AMENDMENT NO. 1
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K Amendment No. 1</TITLE>
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 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM 8-K/A
</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>(Amendment No.&nbsp;1) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CURRENT
REPORT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>PURSUANT TO SECTION 13 OR 15(d) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>OF THE SECURITIES EXCHANGE ACT OF 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Date of Report (Date of earliest event reported): July&nbsp;16, 2015 (July 16, 2015) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>GENESIS ENERGY, L.P. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of registrant as specified in its charter) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


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<TD VALIGN="top" ALIGN="center"><B>Delaware</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>1-12295</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>76-0513049</B></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or other jurisdiction of</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>incorporation or organization)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File Number)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(I.R.S. Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No.)</B></P></TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


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<TD WIDTH="48%"></TD></TR>


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<TD VALIGN="top" ALIGN="center"><B>919 Milam, Suite 2100, Houston, Texas</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>77002</B></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"><B>(Address of principal executive offices)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>(Zip Code)</B></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(713) 860-2500 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Registrant&#146;s telephone number, including area code) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240-14a-12) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b)) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c)) </TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EXPLANATORY NOTE </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>On July 16, 2015, Genesis Energy, L.P. (&#147;<B><I>Genesis</I></B>&#148;) filed a Current Report on Form 8-K (the
&#147;<B><I>Initial Report</I></B>&#148;) to report that Genesis entered into a purchase and sale agreement (the &#147;<B><I>Purchase Agreement</I></B>&#148;) with Enterprise Products Operating LLC (&#147;<B><I>EPO</I></B>&#148;) on July&nbsp;16,
2015. This Amendment No.&nbsp;1 to Current Report on Form 8-K/A (the &#147;<B><I>Amended Report</I></B>&#148;), which amends the Initial Report, is being filed to include the Purchase Agreement as Exhibit&nbsp;2.1 to the Initial Report. Except for
and as described in this Explanatory Note, no other changes have been made to the Initial Report, and this Amended Report does not amend or update any other information set forth in the Initial Report.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The summary of the Purchase Agreement in the Initial Report is qualified in its entirety by reference to the full text of the Purchase
Agreement, a copy of which is attached as Exhibit 2.1 to this Amended Report and incorporated into Item&nbsp;1.01 of the Initial Report by reference. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Purchase Agreement contains representations, warranties and other provisions that were made only for purposes of the Purchase Agreement
and as of specific dates and were solely for the benefit of the other party thereto. The Purchase Agreement is a contractual document that establishes and governs the legal relations among the parties thereto and is not intended to be a source of
factual, business or operational information about Genesis or EPO and their respective subsidiaries or the assets to be acquired from EPO and its affiliates. The representations and warranties made by Genesis and EPO in the Purchase Agreement may be
(i)&nbsp;qualified by disclosure schedules containing information that modifies, qualifies or creates exceptions to such representations and warranties and (ii)&nbsp;subject to standards of materiality applicable to the contracting parties that
differ from those applicable to investors. Accordingly, investors and security holders should not rely on such representations and warranties as characterizations of the actual state of facts or circumstances. </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&nbsp;9.01.</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Financial Statements and Exhibits. </B></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"><I>Exhibits</I> </TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The following materials are filed as exhibits. </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; width:28.45pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Number</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:39.50pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Description</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>2.1#</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Purchase and Sale Agreement, dated July 16, 2015, by and between Genesis Energy, L.P. and Enterprise Products Operating, LLC.</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">#</TD>
<TD ALIGN="left" VALIGN="top">Exhibits and Schedules have been omitted pursuant to Item&nbsp;601(b)(2) of Regulation S-K. A list of these Exhibits and Schedules is included in the index of the Purchase Agreement. Genesis agrees to furnish a
supplemental copy of any such omitted Exhibit or Schedule to the SEC upon request. </TD></TR></TABLE>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%"></TD>
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<TD WIDTH="2%"></TD>
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<TD WIDTH="45%"></TD></TR>


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<TD VALIGN="top"></TD>
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<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">GENESIS ENERGY, L.P.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">GENESIS ENERGY, LLC,</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">sole general
partner</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Date: July 16, 2015</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Robert V. Deere</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Robert V. Deere</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Chief Financial Officer</TD></TR>
</TABLE>

<p Style='page-break-before:always'>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EXHIBIT INDEX </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD WIDTH="92%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Exhibit</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1.00pt solid #000000; width:28.45pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Number</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1.00pt solid #000000; width:39.50pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Description</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>2.1#</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Purchase and Sale Agreement, dated July 16, 2015, by and between Genesis Energy, L.P. and Enterprise Products Operating, LLC.</TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="left">#</TD>
<TD ALIGN="left" VALIGN="top">Exhibits and Schedules have been omitted pursuant to Item&nbsp;601(b)(2) of Regulation S-K. A list of these Exhibits and Schedules is included in the index of the Purchase Agreement. Genesis agrees to furnish a
supplemental copy of any such omitted Exhibit or Schedule to the SEC upon request. </TD></TR></TABLE>
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<DOCUMENT>
<TYPE>EX-2.1
<SEQUENCE>2
<FILENAME>d44948dex21.htm
<DESCRIPTION>EX-2.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-2.1</TITLE>
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 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 2.1 </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B></B><B><I>Execution Version</I></B><B> </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center><center>
<P STYLE="line-height:2.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PURCHASE AND
SALE AGREEMENT </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center><center>
<P STYLE="line-height:2.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>By and
Between </I></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>ENTERPRISE PRODUCTS OPERATING LLC </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(Seller) </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>and </I></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>GENESIS ENERGY, L.P. </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">(Buyer) </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center><center>
<P STYLE="line-height:2.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>covering the
acquisition of Seller&#146;s offshore pipelines </I></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><I>and services business </I></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center><center>
<P STYLE="line-height:2.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">July&nbsp;16,
2015 </P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>TABLE OF CONTENTS </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000">Page</TD>
<TD VALIGN="bottom">&nbsp;</TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">1.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">DEFINITIONS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">1</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">2.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">PURCHASE AND SALE</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(a)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Purchase and Sale of Acquired Equity Interests</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(b)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Consideration</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(c)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">The Closing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">17</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(d)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Seller&#146;s Deliveries at the Closing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(e)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Buyer&#146;s Deliveries at the Closing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">18</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(f)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Proposed Closing Statement and Post-Closing Adjustment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">19</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">3.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">REPRESENTATIONS AND WARRANTIES CONCERNING THE BUYER PARTIES</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(a)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Organization and Good Standing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(b)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Authorization of Transaction</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(c)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Noncontravention; Consents and Approvals</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">21</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(d)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Brokers&#146; Fees</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(e)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">No Other Representations or Warranties</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(f)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">No Reliance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(g)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Acquisition of Acquired Equity Interests for Investment</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">22</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(h)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Sufficiency of Funds</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(i)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Litigation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">4.</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">REPRESENTATIONS AND WARRANTIES CONCERNING THE SELLER PARTIES, THE SUBJECT ENTITIES AND THE BUSINESS</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(a)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Organization and Good Standing</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">23</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(b)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Authorization of Transaction</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(c)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Noncontravention, Consents and Approvals</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">24</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(d)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Brokers&#146; Fees</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(e)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Title to and Condition of Assets</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(f)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Capitalization</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">25</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(g)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">No Other Subsidiaries or Joint Ventures</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(h)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Damage, Casualty, Etc.</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">26</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(i)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Legal Compliance</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(j)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Tax Matters</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">27</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(k)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Contracts and Commitments</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">28</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(l)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Permits</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(m)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Litigation</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">30</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(n)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Environmental Matters</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">31</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(o)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Combined Financial Statements; Additional Information</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(p)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Books and Records</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">32</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(q)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Indebtedness and Encumbrances</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(r)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Preferential Rights</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(s)</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Intellectual Property</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">i </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="92%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>

<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(t)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Employees</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">33</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(u)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Arrangements</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">34</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(v)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Seller Status</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(w)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Not an Investment Company</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(x)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">No Other Representations or Warranties</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">5.</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">PRE-CLOSING COVENANTS</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(a)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">General</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">35</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(b)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Notices and Consents</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(c)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Operation of Business</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">36</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(d)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exclusivity</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">38</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(e)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Damage or Condemnation</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">39</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(f)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Access</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(g)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Periodic Financial and Operating Information</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">40</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(h)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Insurance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(i)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Termination of Certain Associate Contracts</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(j)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Business Employees</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">41</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(k)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Supplemental Combined Financial Statements</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(l)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Notifications; Amendment of Schedules</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(m)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Buyer Preferential Rights</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">47</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(n)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Indebtedness and Release of Liens and Encumbrances</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(o)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Financing Cooperation</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">48</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(p)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">FCC Licenses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">6.</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">POST-CLOSING COVENANTS</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(a)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">General</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(b)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Post-Closing Financial Reporting Matters</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">49</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(c)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Litigation Support</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">50</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(d)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Delivery and Retention of Records</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">51</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(e)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Post-Closing Collection and Payment Matters</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(f)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Removal of Seller Marks</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">52</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(g)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Surety Bonds</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(h)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Misallocated Assets</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">7.</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">CONDITIONS TO OBLIGATION TO CLOSE</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(a)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Conditions to Obligation of the Buyer</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">53</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(b)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Conditions to Obligation of the Seller</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">54</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">8.</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">REMEDIES FOR BREACHES OF THIS AGREEMENT</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(a)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Survival</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(b)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Indemnification Provisions for the Benefit of the Buyer</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">55</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(c)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Indemnification Provisions for the Benefit of the Seller</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">57</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(d)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Matters Involving Third Parties</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">58</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(e)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Waiver of Rights and Remedies</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(f)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Determination of Amount of Losses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">59</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(g)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Tax Treatment of Indemnity Payments</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(h)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Exclusive Post-Closing Remedy</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(i)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Additional Remedy Matters</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ii </P>


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<TR>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
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<TD></TD>
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<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">9.</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">TAX MATTERS</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(a)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Post-Closing Tax Returns</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(b)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Pre-Closing Tax Returns</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">60</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(c)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Straddle Periods</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(d)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Straddle Returns</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">61</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(e)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Allocations</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(f)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Indemnification</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(g)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Cooperation on Tax Matters</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(h)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Certain Taxes</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">62</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(i)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Confidentiality</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(j)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Audits</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(k)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Control of Proceedings</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(l)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Purchase Price Allocation</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(m)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Closing Tax Certificate</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">63</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(n)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Tax Refunds</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">10.</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">TERMINATION</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(a)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Termination of Agreement</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">64</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(b)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Effect of Termination</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">11.</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">MISCELLANEOUS</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(a)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Confidentiality</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">65</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(b)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Insurance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(c)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Expenses</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(d)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">No Third Party Beneficiaries</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(e)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Succession</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(f)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Counterparts</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">67</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(g)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Incorporation of Exhibits and Schedules</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(h)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Set off Rights</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(i)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Remedies</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(j)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Headings</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(k)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Notices</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">68</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(l)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Governing Law; Venue; Service of Process; Waiver of Jury Trial</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">69</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(m)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Amendments and Waivers</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(n)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Severability</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(o)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Construction</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">70</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(p)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Entire Agreement</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(q)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Specific Performance</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(r)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">No Recourse Against Non-Parties</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">71</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">(s)</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Public Announcements</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom" ALIGN="right">72</TD>
<TD NOWRAP VALIGN="bottom">&nbsp;&nbsp;</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">iii </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="83%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"><B><U>EXHIBITS AND SCHEDULES</U></B></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B><U>Exhibits:</U></B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit A-1:</U></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Form of Acquired Equity Interests Assignment Agreement (Seller)</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit A-2</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Form of Acquired Equity Interests Assignment Agreement (GTM)</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit A-3</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Form of Acquired Equity Interests Assignment Agreement (GTM - Poseidon)</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit A-4</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Form of Acquired Equity Interests Assignment Agreement (DEP)</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit B</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Business Assets</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit C</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Form of Closing Tax Certificate</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit D</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Form of Transition Services Agreement</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit E-1</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Form of Officer&#146;s Certificate (Seller)</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit E-2</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Form of Officer&#146;s Certificate (Buyer)</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit F-1</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Form of Secretary&#146;s Certificate (Seller)</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit F-2</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Form of Secretary&#146;s Certificate (Buyer)</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Exhibit G</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Press Releases</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="24"></TD>
<TD HEIGHT="24" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><B><U>Schedules:</U></B></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 1(a)(i)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Buyer&#146;s Knowledge Individuals</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 1(a)(ii)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Seller&#146;s Knowledge Individuals</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 1(b)(i)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Permitted Encumbrances - Property</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 1(b)(ii)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Permitted Encumbrances</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 1(c)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Non-Current Liabilities</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 1(d)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Planned Capital Expenditures</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 1(e)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Reorganization Matters</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 1(f)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Working Capital</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 1(g)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Excluded Assets</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 1(h)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Additional Information</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 3(c)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Noncontravention, Consents and Approvals (Buyer)</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 3(d)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Brokers&#146; Fees (Buyer)</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(c)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Noncontravention, Consents and Approvals (Seller)</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(e)(i)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Encumbrances</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(e)(iii)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Condition of Business Assets</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(f)(i)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Capitalization</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(f)(ii)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Encumbrances on Equity Interests</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(g)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Other Subsidiaries or Joint Ventures</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(h)(i)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Damage to Business Assets</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(h)(vi)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Material Changes</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(j)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Tax Matters</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(k)(i)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Business Contracts (Scheduled)</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(k)(iii)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Transferred Entity Contracts &#150; Enforceability and Performance</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(l)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Permits</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(m)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Litigation</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(n)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Environmental Matters</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(n)(ii)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Environmental Permits</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(q)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Indebtedness and Encumbrances</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(r)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Preferential Rights</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">iv </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
<TD WIDTH="14%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="83%"></TD></TR>

<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(t)(i)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">List of Business Employees</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 4(u)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Arrangements</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 5(c)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Operation of Business</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 5(i)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Certain Associate Contracts</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 5(j)(x)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Severance Pay and Benefits</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 6(g)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Surety Bonds</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 7(a)(v)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Seller Required Consents</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>Schedule 7(b)(v)</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">Buyer Required Consents</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">v </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PURCHASE AND SALE AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>This Purchase and Sale Agreement dated as of July&nbsp;16, 2015 is between Genesis Energy, L.P., a Delaware limited partnership
(the &#147;<B><I>Buyer</I></B>&#148;), and Enterprise Products Operating LLC, a Texas limited liability company (the &#147;<B><I>Seller</I></B>&#148;).<B><I> </I></B></P>
<P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>INTRODUCTION </U></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Seller
desires to sell, and to cause its applicable Affiliates to sell, to the Buyer all of the right, title and interest in the Acquired Equity Interests (as defined below), and the Buyer desires to purchase the same from the Seller and its applicable
Affiliates, upon the terms and conditions set forth herein. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><U>AGREEMENT </U></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">NOW, THEREFORE, in consideration of the premises and the mutual promises herein made, and in consideration of the representations, warranties
and covenants herein contained, the Parties agree as follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1. <U>Definitions</U>. Capitalized terms not otherwise defined herein shall
have the meaning set forth below. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Acquired Equity Interests</I></B>&#148; means (a)&nbsp;100% of the Equity
Interests in each Company other than Cameron Highway Pipeline I, L.P., a Delaware limited partnership; and (b)&nbsp;100% of the Equity Interests representing limited partnership interests in Cameron Highway Pipeline I, L.P., a Delaware limited
partnership.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Acquired Equity Interests Assignment Agreements</I></B>&#148; means those certain
Acquired Equity Interests Assignment Agreements, substantially in the forms of <U>Exhibit A-1</U>, <U>Exhibit A-2</U>, <U>Exhibit A-3</U>, and <U>Exhibit A-4</U> to be entered into at the Closing.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Additional Information</I></B>&#148; means the information set forth on <U>Schedule 1(h)</U>, which the Seller
provided to the Buyer prior to the date of this Agreement.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Affiliate</I></B>&#148; means a Person that directly
or indirectly through one or more intermediaries, Controls, or is Controlled by, or is under common Control with, the Person specified; <I>provided</I>, <I>however</I>, after the Closing (a)&nbsp;each Subject Entity Controlled by the Buyer
immediately after the Closing will be deemed to be an Affiliate of the Buyer (not of the Seller), and (b)&nbsp;the Seller and each Person (other than any Subject Entity covered by (a)&nbsp;above) who was an Affiliate of the Seller immediately before
the Closing will be deemed not to be an Affiliate of the Buyer, and vice versa. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Agreement</I></B>&#148; means this Purchase
and Sale Agreement (including all Exhibits, Schedules and other attachments hereto) as the same may be amended, supplemented or otherwise modified from time to time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Associate</I></B>&#148; or &#147;<B><I>Associates</I></B>&#148; means (a)&nbsp;the Subject Entities, (b)&nbsp;each Affiliate of
each Person described in (a)&nbsp;above, (c)&nbsp;each Person, if any, who is, directly or indirectly, the beneficial owner of 10% </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
or more of any class of Equity Interest of each Person described in (a)-(b)&nbsp;above, (d)&nbsp;each Person in which each Person described in (a)-(c)&nbsp;above is, directly or indirectly, the
beneficial owner of 10% or more of the Equity Interest or any class of Equity Interest of such Person, (e)&nbsp;each trust or other estate in which each Person described in (a)-(d)&nbsp;above has a substantial beneficial interest or as to which such
Person serves as trustee or in a similar fiduciary capacity, (f)&nbsp;each director, manager, partner or officer of each Person described in (a)-(e)&nbsp;above and (g)&nbsp;each spouse or child living in the same household of each natural person
described in (a)-(f)&nbsp;above. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Basis</I></B>&#148; means any past or current fact, situation, circumstance,
status, condition, activity, practice, plan, occurrence, event, incident, action, failure to act or transaction that forms or reasonably could be expected to form the basis for any specified consequence.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Benefit Plan</I></B>&#148; has the meaning set forth in <U>Section 4(t)(vi)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Business</I></B>&#148; means the operations, assets, liabilities and obligations, relationships and activities of
the Seller, its Affiliates and the Company Joint Venture Entities relating to their offshore pipelines and services business and for which the results are reflected in the Combined Financial Statements and, if applicable, the Supplemental Combined
Financial Statements.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Business Assets</I></B>&#148; means all rights, title and interest in and
to (a)&nbsp;all rights, title, interests and other assets owned by the Subject Entities, (b)&nbsp;all rights, title, interests and other assets constituting any portion of the Business and recorded (or for which the financial results are recorded)
in the Combined Financial Statements, and, if applicable, the Supplemental Combined Financial Statements, regardless of whether such rights, title, interests and other assets are in the books and records of the Subject Entities or of the Seller or
any of its other Affiliates, and (c)&nbsp;all rights, title and interests in the assets, pipeline systems, platforms, linefill, inventory, spare parts and other infrastructure and ancillary equipment and facilities set forth on <U>Exhibit B</U>,
excluding in the case of clause (a)&nbsp;and (b)&nbsp;assets constituting Excluded Assets.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Business
Contracts</I></B>&#148; means (a)&nbsp;every contract to which any Business Asset is subject and that constitutes any portion of the Business Assets and to which any Seller Group member (including any Company or Company Subsidiary) is a party and
(b)&nbsp;any contract to which any Subject Entity is a party, in each of clauses (a)&nbsp;and (b), which remains executory in whole or in part as of the date hereof or the Closing Date, including any listed on <U>Schedule 4(k)(i)</U>, excluding in
the case of clause (a)&nbsp;contracts constituting Excluded Assets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Business Contracts (Scheduled)</I></B>&#148; has the
meaning set forth in <U>Section 4(k)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Business Day</I></B>&#148; means any day except Saturday, Sunday or
federal or state holidays on which banks located in Houston, Texas are authorized or required to be closed.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Business Employee on Leave</I></B>&#148; means a Business Employee who is not actively at work due to an approved long-term
disability leave of absence. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Business Employees</I></B>&#148; has the meaning set forth in <U>Section 4(t)(i)</U>. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Buyer</I></B>&#148; has the meaning set forth in the preamble. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Buyer Adverse Effect</I></B>&#148; means any change, effect, event, occurrence, condition or other circumstance relating to the
rights, obligations, business, operations, assets, liabilities, results of operations or condition (financial or otherwise), and relationships of the Buyer and its Affiliates, taken as a whole, that, individually or in the aggregate, with other
changes, effects, events, conditions or other circumstances adversely affects, or that would or could reasonably be expected to adversely affect, the value of such rights, obligations, business, operations, assets, liabilities, results of operations
or condition (financial or otherwise), and relationships; <I>provided that</I> in determining whether a Buyer Adverse Effect has occurred, changes, effects, events, conditions or other circumstances relating to the following shall not be considered
to give rise to or constitute a Buyer Adverse Effect: (a)&nbsp;changes generally applicable to the industry in which the Buyer and its Affiliates operate, including any changes generally applicable to the oil and gas pipeline business in the
continental United States; (b)&nbsp;United States or global economic conditions or financial markets in general; (c)&nbsp;(i)&nbsp;the execution and delivery of this Agreement, announcement or pendency of the consummation of the transactions under
this Agreement, or (ii)&nbsp;any acts or omissions required by this Agreement; (d)&nbsp;the fluctuations in the financial, credit, banking or securities markets, including prevailing interest rates and currency exchange rates; (e)&nbsp;changes in
the international, national, regional or local markets for commodities or supplies, including energy and fuel, used in the business of the Buyer and its Affiliates, including prevailing commodities prices; (f)&nbsp;changes in accounting principles,
including the interpretation thereof; (g)&nbsp;acts of war (whether or not declared), outbreaks of hostilities, military action, insurrection, sabotage or terrorism, or any escalation or worsening thereof; and (h)&nbsp;any natural or man-made
disasters or other force majeure events; <I>provided further</I>, <I>however</I>, that to be excluded under <I>subsection (a)&nbsp;&#150; (i)</I>, other than <I>subsection (c)</I>&nbsp;above, such condition may not disproportionately affect, as
compared to others in such industry, the Buyer or its Affiliates or their respective rights, obligations, businesses, operations, assets, liabilities, results of operations or condition (financial or otherwise), and relationships. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Buyer Benefit Plan</I></B>&#148; has the meaning set forth in <U>Section&nbsp;5(j)(iii)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Buyer Employees</I></B>&#148; has the meaning set forth in <U>Section 5(j)(ii)(B)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Buyer Fundamental Representations and Warranties</I></B>&#148; means any representation or warranty contained in
<U>Section&nbsp;3(b)</U> (Authorization of Transaction) and <U>Section&nbsp;3(d)</U> (Brokers&#146; Fees). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Buyer Group</I></B>&#148; means the Buyer and each entity that is an Affiliate of the Buyer (excluding any
individuals, whether acting as a director, manager, partner, officer, employee, agent or other representative performing similar functions).<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Buyer Indemnitees</I></B>&#148; means (a)&nbsp;the Buyer Parties, (b)&nbsp;each Affiliate of the Buyer Parties and
(c)&nbsp;each Person that is a director, manager, partner, officer, employee, agent or other representative (or Person performing similar functions) of any Person described in (a)&nbsp;or (b)&nbsp;above, but only to the extent such Person is acting
in such capacity.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Buyer Material Adverse Effect</I></B>&#148; means a Buyer Adverse Effect that,
individually or in the aggregate, is material or that would or could reasonably be expected to delay or adversely affect the Buyer&#146;s ability to close the transactions contemplated by this Agreement.<B><I> </I></B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Buyer Parties</I></B>&#148; means the Buyer and any Affiliate of the Buyer who is a
party to any Transaction Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Buyer Preferential Rights</I></B>&#148; means all purchase rights, options, or other
rights held by the Buyer or its Affiliates to purchase or acquire any portion of the Equity Interests in any of the Company Joint Venture Entities, in whole or in part. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Buyer Required Consents</I></B>&#148; has the meaning set forth in <U>Section&nbsp;7(b)(v)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Cap Amount</I></B>&#148; means $120,000,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Closing</I></B>&#148; has the meaning set forth in <U>Section&nbsp;2(c)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Closing Date</I></B>&#148; has the meaning set forth in <U>Section 2(c)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Closing Statement</I></B>&#148; has the meaning set forth in <U>Section 2(f)(ii)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Closing Tax Certificate</I></B>&#148; means that certain Closing Tax Certificate, substantially in the form of
<U>Exhibit C</U>, to be executed at the Closing.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Code</I></B>&#148; means the Internal Revenue Code of 1986, as
amended, or any successor Law. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Collective Bargaining Agreement</I></B>&#148; has the meaning set forth in <U>Section
4(t)(iv)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Combined Books and Records</I></B>&#148; has the meaning set forth in <U>Section 6(d)(ii)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Combined Financial Statements</I></B>&#148; means, with respect to the Business, the (a)&nbsp;audited balance sheets
as of December&nbsp;31, 2014 and 2013, (b)&nbsp;audited statements of operations, cash flows and owners&#146; equity for the years ended December&nbsp;31, 2014, 2013 and 2012, (c)&nbsp;unaudited balance sheet as of March&nbsp;31, 2015,
(d)&nbsp;unaudited statements of operations, cash flows and owners&#146; equity for the three months ended March&nbsp;31, 2015 and 2014, and (e)&nbsp;applicable footnotes to such financial statements.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Commercially Reasonable Efforts</I></B>&#148; means efforts that (a)&nbsp;are reasonably designed to enable a Party,
directly or indirectly, to satisfy a condition to, or otherwise assist in the consummation of, the transactions contemplated by this Agreement and (b)&nbsp;do not require the performing Party, together with its Affiliates, to expend any funds or
assume Obligations other than expenditures and Obligations that are customary and commercially reasonable in nature and amount in the context of the transactions contemplated by this Agreement.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Commitment</I></B>&#148; means (a)&nbsp;options, warrants, convertible securities, exchangeable securities,
subscription rights, conversion rights, exchange rights or other contracts that could require a Person to issue any of its Equity Interests or to sell any Equity Interests it owns in another Person, (b)&nbsp;any other securities convertible into,
exchangeable or exercisable for, or representing the right to subscribe for any Equity Interest of a Person or owned by a Person, (c)&nbsp;statutory pre-emptive rights or pre-emptive rights granted under a Person&#146;s Organizational Documents, and
(d)&nbsp;stock appreciation rights, phantom stock, profit participation, or other similar rights with respect to a Person.<B><I> </I></B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Commitment Letter</I></B>&#148; has the meaning set forth in <U>Section 3(h)</U>.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Companies</I></B>&#148; means (a)&nbsp;Cameron Highway Pipeline I, L.P., a Delaware limited partnership, (b)&nbsp;Cameron
Highway Pipeline GP, L.L.C, a Delaware limited liability company, (c)&nbsp;Enterprise GTM Offshore Operating Company, LLC, a Delaware limited liability company, (d)&nbsp;Flextrend Development Company, L.L.C., a Delaware limited liability company,
(e)&nbsp;High Island Offshore System, L.L.C., a Delaware limited liability company, (f)&nbsp;Enterprise SMR Holdings LLC, a Delaware limited liability company, (g)&nbsp;Moray Pipeline Company, L.L.C., a Delaware limited liability company,
(h)&nbsp;Poseidon Pipeline Company, L.L.C., a Delaware limited liability company, (i)&nbsp;Enterprise Texas Pipeline (Offshore) LLC, a Texas limited liability company; and (j)&nbsp;Enterprise GC (Offshore) LLC, a Texas limited liability company.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Company Joint Venture Entities</I></B>&#148; means the Company Joint Ventures and Company Joint Venture Subsidiaries. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Company Joint Venture Subsidiaries</I></B>&#148; means (a)&nbsp;Manta Ray Offshore Gathering Company, L.L.C., a
Delaware limited liability company, and (b)&nbsp;Nautilus Pipeline Company, L.L.C., a Delaware limited liability company.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Company Joint Ventures</I></B>&#148; means (a)&nbsp;Atlantis Offshore, LLC, a Delaware limited liability company,
(b)&nbsp;Cameron Highway Oil Pipeline Company, a Delaware general partnership, (c)&nbsp;Deepwater Gateway, L.L.C., a Delaware limited liability company, (d)&nbsp;Independence Hub, LLC, a Delaware limited liability company, (e)&nbsp;Neptune Pipeline
Company, L.L.C., a Delaware limited liability company, (f)&nbsp;Poseidon, and (g)&nbsp;Southeast Keathley Canyon Pipeline Company, L.L.C., a Delaware limited liability company.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Company Subsidiaries</I></B>&#148; means (a)&nbsp;Enterprise Offshore Development, LLC, a Delaware limited liability
company, (b)&nbsp;Deep Gulf Development, LLC, a Delaware limited liability company, (c)&nbsp;Manta Ray Gathering Company, L.L.C., a Texas limited liability company, and (d)&nbsp;Sailfish Pipeline Company, L.L.C., a Delaware limited liability
company.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Confidentiality Agreement</I></B>&#148; means that certain Confidentiality Agreement,
dated February&nbsp;11,&nbsp;2015, between Enterprise Products Operating LLC and the Buyer, as amended by that certain Amendment to Confidentiality Agreement, dated March&nbsp;16, 2015.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Confidential Information</I></B>&#148; means (a)&nbsp;any information concerning the existence or nature of this Agreement or the
transactions contemplated hereby, (b)&nbsp;any confidential, proprietary and/or trade secret information of or relating to the Seller Parties and their Affiliates, including non-public information relating to the Business (in the case of the Buyer
or its representatives as the recipient), and the Buyer Parties and their Affiliates, including non-public information relating to a Financing (in the case of the Seller or its representatives as the recipient), (c)&nbsp;any confidential or
non-public proprietary information relating to the Buyer Parties and their Affiliates (in the case of the Seller or its representatives as the recipient), furnished to the Seller in the Buyer&#146;s Schedules, and (d)&nbsp;any confidential or
non-public proprietary information relating to the Seller Parties and their Affiliates (in the case of the Buyer or its representatives as the recipient) furnished to the Buyer in the Seller&#146;s Schedules. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Continuation Period</I></B>&#148; means, with respect to the provision of Continued
Field Services (as defined in the Transition Services Agreement) by Business Employees pursuant to the Transition Services Agreement, the period beginning on the Closing Date and ending on the close of business on the Service Termination Date (as
defined in the Transition Services Agreement) provided in the Transition Services Agreement with respect to such services. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Control</I></B>&#148; means the possession, directly or indirectly, of the power to direct or cause the direction of
the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. &#147;<B><I>Controlling</I></B>&#148; and &#147;<B><I>Controlled</I></B>&#148; have meanings correlative thereto.<B><I>
</I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Courts</I></B>&#148; has the meaning set forth in <U>Section&nbsp;11(l)(ii)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Current Assets</I></B>&#148; means all current assets of each applicable Person, but excluding (a)&nbsp;the portion
of any prepaid expense of which the Buyer will not receive the benefit following the Closing, (b)&nbsp;deferred Tax assets, and (c)&nbsp;receivables from any agreements terminated and for which receivables and liabilities terminated pursuant to
<U>Section 5(i)</U>.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Current Liabilities</I></B>&#148; means all current liabilities of each applicable Person,
but excluding (a)&nbsp;payables related to any agreements terminated and for which receivables and liabilities terminated pursuant to <U>Section&nbsp;5(i)</U>, (b)&nbsp;deferred Tax liabilities, (c)&nbsp;any portion of the Poseidon Debt (Actual)
classified as a current liability, and (d)&nbsp;asset retirement obligations. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Damage Amount</I></B>&#148;
means, with respect to any and all damage, destruction or condemnation covered by <U>Section&nbsp;5(e)</U> in the aggregate, the amount equal to the actual damage, destruction or condemnation.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Deductible Amount</I></B>&#148; means $20,000,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>DEP</I></B>&#148; means Duncan Energy Partners L.P., a Delaware limited partnership. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Encumbrance</I></B>&#148; means any mortgage, pledge, lien, encumbrance, charge, security interest, order,
Preferential Right, equitable interest, covenant (including any negative covenant), consent or notice right, defect in title, or restriction of any kind, including any restriction on use, voting, transfer, receipt of income or exercise of any other
attribute of ownership.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Environmental</I></B>&#148; or &#147;<B><I>Environment</I></B>&#148;
means soil, land surface or subsurface strata, waters (including, navigable ocean, stream, pond, reservoirs, drainage, basins, wetland, ground and drinking), sediments, ambient air, plant life, animal life and all other environmental media or
natural resources.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Environmental Losses</I></B>&#148; means all Losses which result from, relate
to or arise out of any liabilities or investigatory, corrective or remedial obligations under Environmental Requirements.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Environmental Requirements</I></B>&#148; means all orders, contracts and Laws concerning or relating to or imposing liability for
public health and safety, worker/occupational health and safety, and pollution or protection of the Environment, including those relating to the presence, use, manufacturing, refining, production, generation, handling, transportation, treatment,
transfer, storage, disposal, distribution, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
importing, labeling, testing, processing, discharge, release, threatened release, control or other action or failure to act involving any Hazardous Substances, each as amended and as now in
effect and in effect prior to, on, or after the Closing Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Equity Interest</I></B>&#148; means (a)&nbsp;with
respect to a corporation, any and all shares of capital stock and any Commitments with respect thereto, (b)&nbsp;with respect to a partnership, limited liability company, trust or similar Person, any and all units, interests or other
partnership/limited liability company interests, and any Commitments with respect thereto, and (c)&nbsp;any other direct equity ownership or participation in a Person.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>EPCO</I></B>&#148; means Enterprise Products Company, a Texas corporation. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>EPCO Plans</I></B>&#148; means the Enterprise 401(k) Plan and the Enterprise Retirement Plan, each a plan sponsored
by EPCO and qualified under Section&nbsp;401(a) of the Code.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>ERISA</I></B>&#148; means the Employee Retirement
Income Security Act of 1974, as amended. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Excluded Assets</I></B>&#148; means those assets listed on <U>Schedule 1(g)</U>
attached hereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>FCC</I></B>&#148; means the Federal Communications Commission. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B><B>&#147;</B><B><I>FCC Licenses</I></B><B>&#148; </B><B><I></I></B>means the licenses, permits and other authorizations,
including any temporary waiver or special temporary authorization and any renewals thereof or any transferable pending application therefor, relating exclusively to the Business, issued by the FCC to the Seller or its Affiliates.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Finance Related Party</I></B>&#148; has the meaning set forth in <U>Section 11(r)(ii)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Financing</I></B>&#148; means one or more debt or equity financing transactions (including registered public
offerings of debt or equity securities or private placements under Rule 144A under the Securities Act) by the Buyer and/or one of its Subsidiaries, as borrower or issuer, in each case, consummated at or before the Closing.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Financing Source</I></B>&#148; means the entities that have committed to provide or arrange or otherwise entered
into agreements in connection with all or any part of any Financing or other financings in connection with the transactions contemplated hereby, including the parties to any joinder agreements, indentures or credit agreements entered pursuant
thereto, together with their respective affiliates, and their respective affiliates&#146; officers, directors, employees, agents and representatives and their respective successors and assigns.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>FTC</I></B>&#148; means the United States Federal Trade Commission. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>GAAP</I></B>&#148; means accounting principles generally accepted in the United States of America. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Governmental Authority</I></B>&#148; means the United States or any agency thereof and any state, county, parish,
city or other political subdivision, agency, court or instrumentality.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>GTM</I></B>&#148; means Enterprise GTM
Holdings L.P., a Delaware limited partnership. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">7 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Hazardous Substances</I></B>&#148; means (a)&nbsp;any chemicals,
materials or substances defined as or included in the definition of &#147;hazardous substances,&#148; &#147;hazardous wastes,&#148; &#147;solid wastes,&#148; &#147;hazardous materials,&#148; &#147;restricted hazardous wastes,&#148; &#147;toxic
substances,&#148; &#147;toxic pollutants,&#148; &#147;hazardous air pollutants,&#148; &#147;pollutants,&#148; &#147;contaminants,&#148; &#147;toxic chemicals,&#148; &#147;toxics,&#148; &#147;hazardous chemicals,&#148; &#147;extremely hazardous
substances,&#148; &#147;regulated substances&#148; or &#147;pesticides,&#148; (b)&nbsp;any radioactive materials, asbestos-containing materials, urea formaldehyde foam insulation, radon, petroleum and natural gas products or byproducts or
polychlorinated biphenyls, and (c)&nbsp;any other chemical, material, substance, or force, each as subject to regulation, investigation, control, or Remediation under any Environmental Requirement.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Hire Date</I></B>&#148; has the meaning set forth in <U>Section&nbsp;5(j)(ii)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>HSR Act</I></B>&#148; means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the regulations thereunder.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Indebtedness</I></B>&#148; means, on a consolidated basis, all Obligations (a)&nbsp;of the Subject Entities for
(i)&nbsp;borrowed money, (ii)&nbsp;any capital lease Obligation, (iii)&nbsp;any Obligation (whether fixed or contingent) to reimburse any bank or other Person in respect of amounts paid or payable under a standby letter of credit, and (iv)&nbsp;any
guarantee with respect to indebtedness (of the kind otherwise described in this definition) of any Person and (b)&nbsp;any other liability, indebtedness or Obligation secured by a mortgage, lien or other security interest (other than a Permitted
Encumbrance) on any Equity Interest issued by any Company or any Business Asset.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Indemnified
Party</I></B>&#148; has the meaning set forth in <U>Section 8(d)(i)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Indemnifying Party</I></B>&#148; has the meaning set
forth in <U>Section 8(d)(i)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Insurance Policy</I></B>&#148; means any policies of insurance that the Seller or any of its
Affiliates maintains covering the Subject Entities, the Business or the Business Assets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Insurance
Rights</I></B>&#148; means, subject to any deductible or similar limitation, the right of the Buyer to cause the Seller and its applicable Affiliates to file and pursue claims under any Insurance Policy, and deliver any proceeds related thereto to
the Buyer, to the extent such claim relates to any Subject Entity, the Business or constitutes any portion of any Business Asset.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Intellectual Property</I></B>&#148; means all intellectual property rights owned by, licensed to, or used by (or for
the benefit of) the Seller or any of its Affiliates in connection with the Business that arise from or in respect of the following: (a)&nbsp;patents and applications therefor, including continuations, divisionals, continuations-in-part, or reissues
of patent applications and patents issuing thereon, (b)&nbsp;trademarks, service marks, trade names, service names, brand names, trade dress rights, logos, Internet domain names and corporate names, and all applications, registrations and renewals
thereof, (c)&nbsp;copyrights and registrations and applications therefor, works of authorship and mask work rights, (d)&nbsp;Software, (e)&nbsp;trade secrets and other confidential information, (f)&nbsp;Technology and (g)&nbsp;any other intellectual
property or industrial rights arising anywhere in the world.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Investigation Losses</I></B>&#148; has the meaning
set forth in <U>Section 5(f)</U>. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">8 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Involuntary Termination</I></B>&#148; means any termination of a Buyer
Employee&#146;s employment with the Buyer or its Affiliates that does not result from (i)&nbsp;a voluntary resignation by such Buyer Employee, (ii)&nbsp;such Buyer Employee&#146;s death or disability, as determined under the long-term disability
plan in which such Buyer Employee participates (or, if such Buyer Employee does not participate in any long-term disability plan, as determined under the long-term disability plan maintained by the entity employing such Buyer Employee for its
similarly situated employees, as if such Buyer Employee participated in such plan), or (iii)&nbsp;such Buyer Employee&#146;s (a)&nbsp;willful misconduct intended to likely injure the business, prospects, assets or financial position of the Buyer or
any of its Affiliates, (b)&nbsp;indictment, or a plea of other than not guilty, for a crime that enriches any Person at the expense of the Buyer or any of its Affiliates, or (c)&nbsp;embezzlement or other theft of funds or assets of the Buyer or its
Affiliates. <B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>IRS</I></B>&#148; means the Internal Revenue Service of the United States. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Knowledge</I></B>&#148; means, except as specified on <U>Schedule 1(a)(ii)</U> with respect to the Seller, the actual conscious
awareness, without investigation or inquiry, of (a)&nbsp;with respect to the Buyer, the individuals listed on <U>Schedule 1(a)(i),</U> and (b)&nbsp;with respect to the Seller, the individuals listed on <U>Schedule 1(a)(ii)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Late Hire Date</I></B>&#148; has the meaning set forth in <U>Section&nbsp;5(j)(ii)(B)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Law</I></B>&#148; means any statute, code, regulation, rule, injunction, judgment, order, decree, ruling, common
law, charge or other restriction of any applicable Governmental Authority, as in effect as of the date of this Agreement with respect to any representation or warranty made on the date of this Agreement, and as in effect on the Closing Date with
respect to any other representation, warranty, agreement, covenant, closing condition or other matter hereunder.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Legal Right</I></B>&#148; means, to the extent arising from, or in any way related to any Subject Entity (including
the assets and operations associated with such Subject Entity), the legal authority and right (without risk of liability, criminal, civil or otherwise), including through the exercise of voting, managerial or other similar authority or right, if
any; <B><I></I></B><I>provided</I><B><I></I></B>, <B><I></I></B><I>however</I><B><I></I></B>, that the Legal Right shall be deemed not to exist with respect to any contemplated conduct unless the Seller (or the Buyer after the Closing, if
applicable) reasonably determines that such conduct would not constitute a violation, termination or breach of, or require any payment under, or permit any termination under, any: contract or agreement; arrangement; applicable Law; fiduciary,
quasi-fiduciary or similar duty; or any other obligation.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Leased Assets</I></B>&#148; means all Business Assets
in which the Subject Entities own or hold a leasehold interest. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Losses</I></B>&#148; means claims, demands, complaints,
actions, litigation, hearings, lawsuits, proceedings, investigations, charges, damages, dues, fines, costs, penalties, deficiencies, judgments, injunctions, orders, decrees, rulings, losses, liabilities, amounts paid in settlement, Obligations,
expenses and fees (including court costs and attorneys&#146; fees and expenses), Taxes and liens, but excluding (except as provided in <U>Section&nbsp;8</U> with respect to Third Party Claims) punitive, exemplary, special, indirect, incidental and
consequential damages. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Non-Current Liabilities</I></B>&#148; means all non-current liabilities
of each Subject Entity, but excluding (a)&nbsp;deferred Tax liabilities, (b)&nbsp;the Poseidon Debt (Actual) and (c)&nbsp;asset retirement obligations.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Non-Party Affiliates</I></B>&#148; has the meaning set forth in <U>Section 11(r)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Obligations</I></B>&#148; means duties, liabilities and obligations, whether vested, absolute or contingent, known
or unknown, asserted or unasserted, accrued or unaccrued, liquidated or unliquidated, due or to become due, and whether contractual, statutory or otherwise.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Ordinary Course of Business</I></B>&#148; means the ordinary course of business consistent with the applicable
Person&#146;s past custom and practice (including with respect to quantity, quality and frequency).<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Organizational Documents</I></B>&#148; means (i)&nbsp;the articles of incorporation, certificate of incorporation,
charter, bylaws, articles or certificate of formation, regulations, limited liability company operating agreement, certificate of limited partnership, partnership agreement, certificates and all other similar documents, instruments or certificates
executed, adopted or filed in connection with the creation, formation or organization of a Person, including any amendments thereto; and (ii)&nbsp;with respect to the applicable Subject Entities, the applicable Reorganization Documents.<B><I>
</I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Outside Date</I></B>&#148; means September&nbsp;30, 2015; <I>provided</I>, that, if pursuant to
<U>Section&nbsp;5(k)</U>, the Buyer requests Supplemental Combined Financial Statements on or before July&nbsp;16, 2015 and the Buyer does not receive such Supplemental Combined Financial Statements by 5:30 P.M. (Houston time) on August&nbsp;14,
2015, then the Buyer, by providing written notice to the Seller in accordance with <U>Section&nbsp;11(k)</U>, may elect to extend such date from time to time until (and including) the date that occurs a number of days after August&nbsp;14, 2015
equal to the number of days after August&nbsp;14, 2015 on which the Buyer receives the Supplemental Combined Financial Statements. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Party</I></B>&#148; or &#147;<B><I>Parties</I></B>&#148; means any of the Buyer or the Seller, individually or collectively, as
the case may be. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Percentage Interest</I></B>&#148; means, with respect to each Subject Entity, the percentage
of all the outstanding Equity Interest in such Person that the Buyer actually acquires (directly or indirectly) from the Seller pursuant to this Agreement; <B><I></I></B><I>provided that</I><B><I></I></B>, unless the context otherwise requires, the
Percentage Interest of any Company Joint Venture Subsidiary shall be equal to the Percentage Interest of the applicable Company Joint Venture.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Permit</I></B>&#148; means all permits, licenses, authorities, consents, registrations, certificates, waivers,
exceptions, orders, variances, approvals, and similar authorizations.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Permitted Encumbrances</I></B>&#148;
means (a)&nbsp;any liens securing Taxes and assessments that are not yet past due and payable, (b)&nbsp;any liens, inchoate, mechanic&#146;s, materialmen&#146;s and similar liens incurred in the Ordinary Course of Business and securing amounts that
are not yet past due, (c)&nbsp;any Obligations or duties reserved to or vested in any Governmental Authority to regulate any assets of any relevant Person in any manner, including any applicable laws, (d)&nbsp;any inchoate liens or other
Encumbrances incurred in the Ordinary Course of Business and created pursuant to any operating, construction, operation and maintenance, lease or other operating agreements for which amounts are not yet past due, (e)&nbsp;vendor&#146;s
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>


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liens in respect of trade payables of the Seller, its Affiliates or the Company Joint Venture Entities with respect to the Business Assets, in each case incurred in the Ordinary Course of
Business and not yet past due, (f)&nbsp;any easements, rights-of-way, restrictions and other similar arrangements incurred in the Ordinary Course of Business and which do not in any case materially affect the value of or interfere with the use of
the affected Business Asset in the manner in which it is used in the Business, (g)&nbsp;any condition that would be shown on an accurate survey or upon personal inspection of the owned properties identified on <U>Schedule 1(b)(i)</U>, and
(h)&nbsp;any items set forth on <U>Schedule 1(b)(ii)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Person</I></B>&#148; means an individual or entity,
including any partnership, corporation, association, joint stock company, trust, joint venture, limited liability company, unincorporated organization or Governmental Authority (or any department, agency or political subdivision thereof).<B><I>
</I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Poseidon</I></B>&#148; means Poseidon Oil Pipeline Company, L.L.C., a Delaware limited liability company. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Poseidon Credit Agreement</I></B>&#148; means that certain Amended and Restated Credit Agreement, dated as of
February&nbsp;27, 2015, among Poseidon, Wells Fargo Bank, National Association, as administrative agent, issuing bank, and swingline lender, and each of the financial institutions that is a signatory or becomes a party thereto, as amended,
supplemented or otherwise modified from time to time.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Poseidon Debt (Actual)</I></B>&#148; means
the actual amount of borrowings outstanding under the Poseidon Credit Agreement as of the Closing.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Poseidon
Debt (Normal)</I></B>&#148; means $197,750,000 in borrowings outstanding under the Poseidon Credit Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Poseidon
Liens</I></B>&#148; means the Encumbrances securing Poseidon&#146;s Obligations under the Poseidon Loan Documents. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Poseidon Loan Documents</I></B>&#148; means the Poseidon Credit Agreement and all other &#147;Financing
Documents&#148; (as defined in the Poseidon Credit Agreement).<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Poseidon Waiver
Letter</I></B>&#148; means that certain Waiver Letter between Equilon Enterprises LLC d/b/a Shell Oil Products US, Shell Midstream Operating LLC, Poseidon Pipeline Company, L.L.C. and GEL Poseidon LLC dated as of June&nbsp;30, 2015.<B><I>
</I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Post-Closing Tax</I></B>&#148; means any Tax due with respect to any Post-Closing Tax Return. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Post-Closing Tax Period</I></B>&#148; means any Tax period beginning after the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Post-Closing Tax Return</I></B>&#148; means any Tax Return that is required to be filed with respect to a Post-Closing Tax Period.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Pre-Closing Tax</I></B>&#148; means any Tax due with respect to any Pre-Closing Tax Return </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Pre-Closing Tax Period</I></B>&#148; means any Tax periods or portions thereof ending on or before the Closing Date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">11 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Pre-Closing Tax Return</I></B>&#148; means any Tax Return that is required to be
filed with respect to a Pre-Closing Tax Period. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Preferential Rights</I></B>&#148; means all purchase rights,
options, or other rights, whether or not currently exercisable, held by any Person to purchase or acquire any portion of the Acquired Equity Interests, Business Assets or Business, in whole or in part, other than the Buyer Preferential Rights.<B><I>
</I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><I></I>&#147;<I></I><B><I>Prime Rate</I></B><I></I>&#148; means that variable rate of interest per annum published from time to
time in the <I>Wall Street Journal</I> as the prime rate at the time such rate must be determined under the terms of this Agreement.<I> </I></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Proposed Closing Statement</I></B>&#148; has the meaning set forth in <U>Section 2(f)(i)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Purchase Price</I></B>&#148; means $1,500,000,000 plus (a)&nbsp;the amount, if any, by which the total of the
Purchase Price Increases exceed the total of the Purchase Price Decreases, or minus (b)&nbsp;the amount, if any, by which the total of the Purchase Price Decreases exceed the total of the Purchase Price Increases.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Purchase Price Decreases</I></B>&#148; means, without duplication of any amounts, (a)&nbsp;if the Working Capital is
negative at the Working Capital Valuation Time, then such amount, (b)&nbsp;the aggregate amount of any cash dividends or distributions made in respect of any Acquired Equity Interests after the Working Capital Valuation Time and prior to or at the
Closing (but only to the extent such cash dividends or distributions are expressly permitted by <U>Section&nbsp;5(c)(vii)</U>), (c)&nbsp;the amount of the Poseidon Debt (Actual), if any, in excess of the Poseidon Debt (Normal) as of the Closing,
(d)&nbsp;the sum of the positive difference by which the amount of the Non-Current Liabilities as of the Closing exceeds the amounts set forth on <U>Schedule 1(c)</U>; and (e)&nbsp;the amount by which Working Capital decreases or is used (i.e.
Current Assets decrease and/or the Current Liabilities increase) as a result of satisfying any Non-Current Liabilities or Indebtedness under the Poseidon Loan Documents during the period between the Working Capital Valuation Time and Closing.
Notwithstanding the foregoing, each Purchase Price Decrease related to a Subject Entity shall be calculated based on the Percentage Interest applicable to the applicable Subject Entity to which such Purchase Price Decrease is attributable.<B><I>
</I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Purchase Price Increases</I></B>&#148; means, without duplication of any amounts, (a)&nbsp;if the Working Capital is
positive at the Working Capital Valuation Time, then such amount, (b)&nbsp;the aggregate amount of any cash contributions received in respect of any Acquired Equity Interests after the Working Capital Valuation Time and prior to or at the Closing
(but only to the extent such cash contributions are expressly authorized by the Buyer), (c)&nbsp;the sum of the positive difference by which the amounts set forth on <U>Schedule 1(c)</U> exceeds the amount of the Non-Current Liabilities as of the
Closing, (d)&nbsp;the amount of the Poseidon Debt (Normal) in excess of the Poseidon Debt (Actual), if any, as of the Closing, (e)&nbsp;the aggregate amount of the planned capital expenditures set forth on <U>Schedule 1(d)</U> that any applicable
Subject Entity has either actually paid prior to the Working Capital Valuation Time or recorded as a Current Liability as of the Working Capital Valuation Time, and (f)&nbsp;the amount by which Working Capital increases (i.e. Current Assets increase
and/or the Current Liabilities decrease) as a result of the incurrence of any Non-Current Liabilities or Indebtedness under the Poseidon Loan Documents during the period between the Working Capital Valuation Time and the Closing. Notwithstanding the
foregoing, each Purchase Price Increase with respect to a Subject Entity shall be calculated based on the Percentage Interest applicable to the applicable Subject Entity to which such Purchase Price Increase is attributable. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">12 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Real Property Interests</I></B>&#148; means any parcels of land owned
in fee simple, or any parcels of land subject to leases, easements, rights-of-way, franchises, permits, licenses and other rights and interests in real property. <B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Reimbursement Agreement</I></B>&#148; means that certain Reimbursement Agreement between the Buyer and the Seller
dated May&nbsp;21, 2015.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Remediation</I></B>&#148; means any investigation, monitoring, removal,
remediation, corrective action, response action, mitigation, treatment, decontamination or cleanup of Hazardous Substances, pollution or contamination present or alleged to be present in the Environment.<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Reorganization Actions</I></B>&#148; means the actions set forth on <U>Schedule 1(e)</U> that were taken prior to the date hereof.
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Reorganization Documents</I></B>&#148; means the documents identified on <U>Schedule 1(e)</U> that were entered
into prior to the date hereof and previously delivered to the Buyer.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>SEC</I></B>&#148; means the U.S.
Securities and Exchange Commission. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Securities Act</I></B>&#148; has the meaning set forth in <U>Section 3(g)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Seller</I></B>&#148; has the meaning set forth in the preamble. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Seller Adverse Effect</I></B>&#148; means any change, effect, event, occurrence, condition or other circumstance relating to the
rights, obligations, business, operations, assets, liabilities, results of operations or condition (financial or otherwise), and relationships of the Business (including those of the Subject Entities and the Seller Parties to the extent constituting
any portion of the Business), taken as a whole, that, individually or in the aggregate, with other changes, effects, events, conditions or other circumstances adversely affects, or that would or could reasonably be expected to adversely affect, the
value of such rights, obligations, business, operations, assets, liabilities, results of operations or condition (financial or otherwise), and relationships; <I>provided</I> that in determining whether a Seller Adverse Effect has occurred, changes,
effects, events, conditions or other circumstances relating to the following shall not be considered to give rise to or constitute a Seller Adverse Effect: (a)&nbsp;changes generally applicable to the industry in which the Business and the Subject
Entities operate, including any changes generally applicable to the oil and gas pipeline business in the continental United States; (b)&nbsp;United States or global economic conditions or financial markets in general; (c)&nbsp;(i)&nbsp;the execution
and delivery of this Agreement, announcement or pendency of the consummation of the transactions under this Agreement or (ii)&nbsp;any acts or omissions required by this Agreement; (d)&nbsp;the fluctuations in the financial, credit, banking or
securities markets, including prevailing interest rates and currency exchange rates; (e)&nbsp;changes in the international, national, regional or local markets for commodities or supplies, including energy and fuel, used in the Business, including
prevailing commodities prices; (f)&nbsp;changes in accounting principles, including the interpretation thereof; (g)&nbsp;acts of war (whether or not declared), outbreaks of hostilities, military action, insurrection, sabotage or terrorism, or any
escalation or worsening thereof; (h)&nbsp;any natural or man-made disasters or other force majeure events; and (i)&nbsp;any failure of the Business to meet any internal projections or forecasts (it being understood and agreed that the facts and
circumstances that may have given rise or contributed to such failure that are not otherwise excluded from the definition of a Seller Adverse Effect </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">13 </P>


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may be taken into account in determining whether there has been a Seller Adverse Effect, including (i)&nbsp;a breach, violation or inaccuracy of any of the Seller&#146;s representations and
warranties or covenants contained herein, or (ii)&nbsp;an abnormality);<I> provided further</I>, <I>however</I>, that to be excluded under <I>subsection (a)&#150;(i)</I>, other than <I>subsection (c)</I>&nbsp;above, such condition may not
disproportionately affect, as compared to others in such industry, the Seller, the Business, the Subject Entities, or their respective rights, obligations, businesses, operations, assets, liabilities, results of operations or condition (financial or
otherwise), and relationships. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Seller Benefit Plan</I></B>&#148; has the meaning set forth in <U>Section 5(j)(v)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Seller Employee Liability</I></B>&#148; has the meaning set forth in <U>Section 5(j)(v)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Seller Fundamental Representations and Warranties</I></B>&#148; means any representation or warranty contained in
<U>Section&nbsp;4(b)</U> (Authorization of Transaction), <U>4(d)</U> (Brokers&#146; Fees), <U>4(f)</U> (Capitalization), <U>4(g)</U> (No Other Subsidiaries or Joint Ventures), <U>4(j)</U> (Tax Matters), <U>4(q)</U> (Indebtedness and Encumbrances),
<U>4(r)</U> (Preferential Rights) and <U>4(u)</U> (Arrangements). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Seller Group</I></B>&#148; means the Seller
and each entity that is an Affiliate of the Seller (excluding any individuals, whether acting as a director, manager, partner, officer, employee, agent or other representative performing similar functions).<B><I> </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Seller Indemnitees</I></B>&#148; means (a)&nbsp;the Seller, (b)&nbsp;each Affiliate of the Seller (including
Enterprise Products Partners L.P., a Delaware limited partnership, and EPCO), (c)&nbsp;each Person that is a director, manager, partner, officer, employee, agent or other representative (or Person performing similar functions) of any Person
described in (a)&nbsp;or (b)&nbsp;above, but only to the extent such Person is acting in such capacity.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Seller
Marks</I></B>&#148; has the meaning set forth in <U>Section 6(f)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Seller Material Adverse
Effect</I></B>&#148; means a Seller Adverse Effect that, individually or in the aggregate, is material or that would or could reasonably be expected to delay or adversely affect the Seller&#146;s ability to close the transactions contemplated by
this Agreement.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Seller Parties</I></B>&#148; means the Seller, GTM, DEP, and EPCO and any other
Affiliate of the Seller that is a party to any Transaction Agreement or Reorganization Document.<B><I> </I></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Seller
Required Consents</I></B>&#148; has the meaning set forth in <U>Section&nbsp;7(a)(v)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Ship Licenses</I></B>&#148; means
those non-transferrable communications licenses identified on <U>Schedule 4(l)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B><I></I></B>&#147;<B><I>Software</I></B>&#148;
means any and all of the following that are owned by, licensed to, or used by (or for the benefit of) the Seller or its Affiliates in connection with the Business: (a)&nbsp;computer programs and other software (including application software,
firmware, middleware, and application program interfaces, including any and all software implementations of algorithms, models and methodologies, whether in source code or object code), (b)&nbsp;cloud computing software
(<B><I></I></B><I>e.g.</I><B><I></I></B>, provided as software as a service), (c) <B><I> </I></B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">14 </P>


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databases and compilations, including any and all data and collections of data, whether machine readable or otherwise, (d)&nbsp;descriptions, flow-charts and other work product used to design,
plan, organize and develop any of the foregoing, screens, user interfaces, report formats, firmware, development tools, templates, menus, buttons and icons, and (e)&nbsp;documentation including user manuals and other training documentation related
to any of the foregoing; <I>provided</I>, <I>however</I>, that Software does not include off-the-shelf software of an uncustomized and general nature that is generally available and licensed by the Seller and not unique to the Seller, such as
accounting, tax and similar software. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Special Buyer Indemnity Obligations</I></B>&#148; means, except to the extent
constituting or relating to an Excluded Asset and/or a Special Seller Indemnity Obligation, (i)&nbsp;Environmental Losses which result from, relate to or arise out of: (A)&nbsp;any Obligations to the extent arising out of the Buyer&#146;s access to
or use of the Business Assets prior to the Closing; (B)&nbsp;the ownership, use, construction, operation, maintenance, repair, expansion or management of the Business Assets by the Buyer Group on or after the Closing; or (C)&nbsp;any other
Environmental Losses with respect to the Business Assets not governed by clauses (A)&nbsp;or (B)&nbsp;above, (ii)&nbsp;all existing and future Obligations, including Third Party Claims, associated with or for, decommissioning, dismantlement,
abandonment and removal activities and obligations with respect to the Business Assets, whether such Obligations are required or incurred by applicable Laws, any Governmental Authority, Business Contracts or Real Property Interests, including:
(A)&nbsp;all dismantlement, abandonment and removal of facilities, pipelines and flowlines and all other assets of any kind related to or associated with operations or activities conducted on the Business Assets; (B)&nbsp;the clearance, reclamation,
Remediation and restoration of sites or areas (including land, surface or subsurface water and water bottom) affected by the Business Assets being decommissioned, dismantled, abandoned or removed; and (C)&nbsp;any other activity required to comply
with the requirements of any agreement, applicable Law or applicable permits to deliver up the Business Assets and sites or areas affected by the Business Assets in the condition so required, (iii)&nbsp;Investigation Losses, and (iv)&nbsp;Losses
which result from, relate to or arise out of any surety bonds or other credit support set forth on <U>Schedule 6(g)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Special Seller Indemnity Obligations</I></B>&#148; means (i)&nbsp;any and all Environmental Losses that result from, relate to or
arise out of the Excluded Assets or any member of the Seller Group&#146;s gross negligence or willful misconduct (whether sole, passive, active or concurrent) in the ownership, use, construction, operation, maintenance, repair, expansion or
management of the Business Assets prior to the Closing, (ii)&nbsp;any and all Obligations or Losses that result from, relate to or arise out of the ownership, use, construction, operation, maintenance, repair, expansion or management of the Excluded
Assets, (iii)&nbsp;any and all Obligations or Losses that result from, relate to or arise out of the ownership, use, construction, operation, maintenance, repair, expansion or management by the Seller, its Affiliates or other Person (to the extent
such Person was under the direction of the Seller or its Affiliate) (other than the Buyer or its Affiliates immediately prior to the Closing) of any of the Seller&#146;s or any of its Affiliate&#146;s assets, real or personal, tangible or
intangible, or other interests, in addition to the Excluded Assets, that are not part of the Business, in each case, as of the Closing, and (iv)&nbsp;any Seller Benefit Plan or any Seller Employee Liability. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Straddle Period</I></B>&#148; means a Tax period or year commencing before and ending after the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Straddle Return</I></B>&#148; means a Tax Return for a Straddle Period. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">15 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Subject Entities</I></B>&#148; means (a)&nbsp;the Companies, (b)&nbsp;the Company
Subsidiaries and (c)&nbsp;the Company Joint Venture Entities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Subsidiary</I></B>&#148; means, with respect to any Person, at
any date, any corporation, limited liability company, partnership, association or other entity (a)&nbsp;of which securities or other ownership interests representing more than 50% of the Equity Interests or more than 50% of the ordinary voting power
or, in the case of a partnership, more than 50% of the general partnership interests are, as of such date, owned, Controlled or held or (b)&nbsp;that is, as of such date, otherwise Controlled, by such Person and/or one or more subsidiaries of such
Person. For the avoidance of doubt, the Company Joint Ventures and their Subsidiaries shall be deemed not to be Subsidiaries of any Company. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Supplemental Combined Financial Statements</I></B>&#148; means with respect to the Business, the (a)&nbsp;unaudited combined
balance sheet as of June&nbsp;30, 2015, (b)&nbsp;unaudited combined statements of operations, cash flows and owners&#146; equity for the three and six months ended June&nbsp;30, 2015 and 2014, and (c)&nbsp;applicable footnotes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Tax</I></B>&#148; or &#147;<B><I>Taxes</I></B>&#148; means any federal, state, local, or foreign income, gross receipts, license,
payroll, employment, excise, severance, stamp, occupation, premium, windfall profits, environmental (including taxes under Code &#167;59A), custom duties, capital stock, franchise, profits, withholding, social security (or similar excises),
unemployment, disability, ad valorem, real property, personal property, sales, use, transfer, registration, value added, alternative or add-on minimum, estimated or other tax of any kind whatsoever, including any interest, penalty or addition
thereto, whether disputed or not and including any obligation to indemnify or otherwise assume or succeed to the liability for Taxes of any other person whether or not shown as due or payable on any Tax Return or Tax Records. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Tax Benefit</I></B>&#148; means an amount by which the Tax liability of a Party (or group of Persons including the Party) is
reduced (including by deduction, reduction of income by virtue of increased Tax basis or otherwise, entitlement of refund, credit, or otherwise). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Tax Records</I></B>&#148; means all Tax Returns and Tax-related work papers relating to the Business. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Tax Return</I></B>&#148; means any return, declaration, report, claim for refund or information return or statement relating to
Taxes, including any schedule or attachment thereto and including any amendment thereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Technology</I></B>&#148; means,
collectively, all designs, formulae, algorithms, procedures, methods, techniques, ideas, know-how, research and development, technical data, programs, subroutines, tools, materials, specifications, processes, inventions (whether patentable and
whether or not reduced to practice), apparatus, creations, improvements, databases, works of authorship and other similar materials. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Third Party Claim</I></B>&#148; has the meaning set forth in <U>Section 8(d)(i)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Transaction Agreements</I></B>&#148; means this Agreement, each of the Acquired Equity Interests Assignment Agreements, the
Transition Services Agreement and all other contracts executed and delivered in connection with the transactions contemplated herein. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">16 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Transition Services Agreement</I></B>&#148; means that certain Transition Services
Agreement, substantially in the form of <U>Exhibit D</U>, to be entered into at the Closing. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>WARN Act</I></B>&#148; has the
meaning set forth in <U>Section&nbsp;4(t)(iii)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Working Capital</I></B>&#148; means the sum of (a)&nbsp;with respect to
the Companies (including the Company Subsidiaries), the consolidated (after elimination of intercompany accounts among the Companies (including the Company Subsidiaries)) Current Assets minus Current Liabilities plus (b)&nbsp;with respect to the
Company Joint Ventures (including their Company Joint Venture Subsidiaries), the sum of the applicable Percentage Interest of each such Person&#146;s Current Assets minus Current Liabilities. Notwithstanding the foregoing, the term
&#147;<B><I>Working Capital</I></B>&#148; shall not include (without duplication) the value of any Current Assets or Current Liabilities for which this Agreement otherwise specifically allocates the ultimate economic costs or benefits to the Seller
or the Buyer. <U>Schedule 1(f)</U> sets forth the Working Capital for the Subject Entities as of December&nbsp;31, 2014 and March&nbsp;31, 2015. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B><I>Working Capital Valuation Time</I></B>&#148; means (a)&nbsp;if the Closing occurs on the last day of a calendar month, at 11:59
p.m. (Houston Time) on the Closing Date or (b)&nbsp;in all other cases, at 11:59 p.m. (Houston Time) on the last day of a calendar month immediately preceding the calendar month in which the Closing occurs. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">2. <U>Purchase and Sale</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a) <U>Purchase and Sale of Acquired Equity Interests</U>. Subject to the terms and conditions of this Agreement, on the Closing Date, the
Seller agrees to sell, convey and transfer (or cause to be sold, conveyed and transferred) to the Buyer (or its designee(s)), and the Buyer agrees to purchase and acquire (or cause its designee(s) to purchase and acquire), all rights, title and
interest in and to the Acquired Equity Interests, free and clear of all Encumbrances other than existing Encumbrances under the Organizational Documents of the applicable Person and restrictions on transfer under applicable securities Laws, for the
Purchase Price. For the avoidance of doubt, this Agreement does not, and is not intended to, provide for or require a conveyance by Seller to the Subject Entities or to Buyer of any Excluded Assets. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b) <U>Consideration</U>. In consideration for the sale, conveyance and transfer of the Acquired Equity Interests as contemplated in
<U>Section&nbsp;2(a)</U>, the Buyer agrees to deliver (or cause to be delivered) the Purchase Price to the Seller or its designee(s) for the benefit of the Seller, in the form of cash by wire transfer of immediately available funds to the account(s)
designated by the Seller. At the Closing, the Buyer shall deliver (or cause to be delivered) to the Seller the estimated Purchase Price as set forth in the Proposed Closing Statement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c) <U>The Closing</U>. The closing of the transactions contemplated by this Agreement (the &#147;<B><I>Closing</I></B>&#148;) shall take
place at the offices of Akin Gump Strauss Hauer&nbsp;&amp; Feld LLP, 1111 Louisiana, 44th Floor, Houston, Texas, commencing at 9:00 a.m., local time, on the third Business Day following the satisfaction or waiver of all conditions to the obligations
of the Parties to consummate the transactions contemplated hereby has occurred (other than conditions with respect to actions each Party shall take at the Closing itself) and, if prior to September&nbsp;30, 2015, in addition to such satisfaction or
waiver of such conditions, solely for purposes of permitting the Buyer&#146;s arrangement of one or more Financings in </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">17 </P>


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connection with the transactions contemplated by this Agreement, following written notice by Buyer of its ability to close based on such Financing, or such other date as the Parties may mutually
determine (the &#147;<B><I>Closing Date</I></B>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(d) <U>Seller&#146;s Deliveries at the Closing</U>. At the Closing, the Seller
shall deliver (or cause to be delivered) to the Buyer: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) The Acquired Equity Interests Assignment Agreements, duly
executed by each Seller Party who is a party thereto. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Transition Services Agreement, duly executed by EPCO and
Enterprise Operating Company LLC. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) A Closing Tax Certificate, duly executed on behalf of the applicable transferor.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) An officer&#146;s certificate, substantially in the form of <U>Exhibit E-1</U>, duly executed on behalf of the
Seller. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) A Secretary&#146;s certificate, substantially in the form of <U>Exhibit F-1</U>, duly executed on behalf of
the Seller Parties and each Company and Company Subsidiary. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) Evidence of the resignation or removal of any officers,
directors, managers and other representatives of each (x)&nbsp;Company, (y)&nbsp;Company Subsidiary and (z)&nbsp;Company Joint Venture Entity that the Seller or its Affiliates has appointed and has the Legal Right to remove or cause the resignation
or removal of as of the Closing. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) All other Transaction Agreements required to be delivered by the Seller, duly
executed by or on behalf of the applicable Seller Party. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(e) <U>Buyer&#146;s Deliveries at the Closing</U>. At the Closing, the Buyer
shall deliver (or cause to be delivered) to the Seller: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) The Acquired Equity Interests Assignment Agreements, duly
executed by the Buyer (or its designee(s)). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Transition Services Agreement, duly executed by the Buyer (or its
designee). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) An officer&#146;s certificate, substantially in the form of <U>Exhibit E-2</U>, duly executed on behalf
of the Buyer. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) A secretary&#146;s certificate, substantially in the form of <U>Exhibit F-2</U>, duly executed on
behalf of the Buyer Parties. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">18 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) All other Transaction Agreements required to be delivered by the Buyer, duly
executed by or on behalf of the applicable Buyer Party. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) Delivery of the Purchase Price required pursuant to
<U>Section&nbsp;2(b)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f) <U>Proposed Closing Statement and Post-Closing Adjustment</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Unless otherwise agreed by the Parties, at least three Business Days prior to the Closing Date, the Seller, with the
reasonable assistance of the Buyer, shall cause to be prepared and delivered to the Buyer a statement (the &#147;<B><I>Proposed Closing Statement</I></B>&#148;), setting forth the Seller&#146;s reasonable good faith estimate, including reasonable
detail, of the Purchase Price and the components thereof including any Purchase Price Increases and Purchase Price Decreases and any other adjustments expressly provided in this Agreement. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) As soon as reasonably practical, but in any event no later than 45 days following the Closing Date, the Seller, with the
reasonable assistance of the Buyer, shall cause to be prepared and delivered to the Buyer a statement, including reasonable detail, of the Purchase Price and the components thereof including any Purchase Price Increases and Purchase Price Decreases,
and any other adjustments expressly provided in this Agreement, which statement shall be, except to the extent not reasonably practical, similar in all material respects in form and scope to that presented by the Seller in the Proposed Closing
Statement (the &#147;<B><I>Closing Statement</I></B>&#148;). The Buyer shall, and shall cause each of the Companies and the Company Subsidiaries to, provide the Seller and its representatives reasonable access, upon reasonable notice and during the
regular business hours of the Buyer, to the books and records of the Companies and the Company Subsidiaries and, to the extent it has the Legal Right, to the Company Joint Venture Entities that are reasonably necessary for the Seller to prepare the
Closing Statement. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) Upon receipt of the Closing Statement, the Buyer and the Buyer&#146;s independent accountants
shall be permitted to examine the schedules and other information used or generated in connection with the preparation of the Closing Statement and such other documents as the Buyer may reasonably request in connection with its review of the Closing
Statement. Within 30 days of receipt of the Closing Statement, the Buyer shall deliver to the Seller a written statement describing in reasonable detail its objections, if any, to any amounts or items set forth on the Closing Statement. If the Buyer
does not raise objections within such period, then the Closing Statement shall become final and binding upon the Buyer. If the Buyer raises objections, the Parties shall negotiate in good faith to resolve any such objections. If the Parties are
unable to resolve any disputed item (other than disputes involving the application or interpretation of the Law or other provisions of this Agreement) within 30 days after the Buyer&#146;s delivery to the Seller of its written statement of
objections to the Closing Statement, any such disputed item shall be submitted to a nationally recognized independent accounting firm mutually agreeable to the Parties who shall be instructed to resolve such disputed item in accordance with the
terms of this Agreement </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">19 </P>


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within 30 days. The resolution of disputes by the accounting firm so selected shall be set forth in writing and shall be conclusive, binding and non-appealable upon the Parties, and the Closing
Statement, as adjusted by the resolution of the disputed items, shall thereupon become final and binding. The fees and expenses of such accounting firm shall be paid one-half by the Buyer and one-half by the Seller. The Parties agree that any
disputed item related to the application or interpretation of the Law or other provisions of this Agreement shall not be resolved by the designated accounting firm, but shall instead be resolved by litigation among the Parties if the Parties are
unable to resolve such disputed item through agreement. For the avoidance of doubt, any recovery or amount to which a Party is entitled after Closing for any error or inaccuracy in the Closing Statement shall not be limited by or subject to the
Deductible Amount or the Cap Amount. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) If the Purchase Price as set forth on the Closing Statement exceeds the
estimated Purchase Price as set forth on the Proposed Closing Statement, the Buyer shall pay the Seller cash in the amount of such excess. If the estimated Purchase Price as set forth on the Proposed Closing Statement exceeds the Purchase Price as
set forth on the Closing Statement, the Seller shall pay to the Buyer cash in the amount of such excess. After giving effect to the foregoing adjustments, any amount to be paid by the Buyer to the Seller, or to be paid by the Seller to the Buyer, as
the case may be, shall be paid in the manner and with interest as provided in <U>Section&nbsp;2(f)(v)</U> at a mutually convenient time and place within five Business Days after the later of acceptance of the Closing Statement or the resolution of
the Buyer&#146;s objections thereto. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) Any cash payments pursuant to this <U>Section&nbsp;2(f)</U> shall be made by
causing such payments to be credited in immediately available funds to such account or accounts of the Buyer or the Seller, as the case may be, as may be designated by the Buyer or the Seller, as the case may be. If any cash payment is being made
after the fifth Business Days referred to in <U>Section&nbsp;2(f)(iv)</U>, the amount of the cash payment to be made pursuant to this <U>Section&nbsp;2(f)</U> shall bear interest from and including such fifth Business Day to, but excluding, the date
of payment at a rate per annum equal to the Prime Rate plus two percent. Such interest shall be payable in cash at the same time as the payment to which it relates and shall be calculated on the basis of a year of 365 days and the actual number of
days for which payment is due. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) Each Party shall bear its own expenses incurred in connection with the preparation and
review of the Closing Statement. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) The Parties acknowledge and agree that any inaccuracies, omissions,
mischaracterizations or similar errors contained in the Proposed Closing Statement or the Closing Statement shall not be subject to any &#147;deductible&#148; provided in <U>Sections&nbsp;8(b)(i)</U> and <U>8(c)(i)</U>, including the Deductible
Amount, or any &#147;cap&#148; provided in <U>Sections 8(b)(v)</U> and <U>8(c)(v)</U>, including the Cap Amount. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">20 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">3. <U>Representations and Warranties Concerning the Buyer Parties</U>. The Buyer hereby
represents and warrants to the Seller that the following statements contained in this <U>Article 3</U> are true and correct as of the date hereof and the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a) <U>Organization and Good Standing</U>. Each of the Buyer Parties is duly organized, validly existing and in good standing under the Laws
of the State of Delaware and is duly qualified and in good standing under the Laws of each other jurisdiction that requires qualification, except where the failure to be so qualified or in good standing would not, or could not reasonably be expected
to, individually or in the aggregate, delay or materially affect the Buyer&#146;s ability to close the transactions contemplated by this Agreement. Each Buyer Party has full power and authority to carry on the business in which it is engaged, and to
own and use the properties owned and used by it except where the failure to own and use the properties owned and used would not, or could not reasonably be expected to, individually or in the aggregate, delay or adversely affect any Buyer
Parties&#146; ability to close the transactions contemplated by this Agreement and the other Transaction Agreements to which such Buyer Party is a party. There is no proposed, pending or, to the Buyer&#146;s Knowledge, threatened action (or, to the
Buyer&#146;s Knowledge, Basis therefor) for the dissolution, liquidation, insolvency or rehabilitation of any Buyer Party. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b)
<U>Authorization of Transaction</U>. Each Buyer Party has full power and authority (including full entity power and authority) to execute and deliver each Transaction Agreement to which such Buyer Party is a party, to perform its obligations
thereunder, and to consummate the transactions contemplated thereby. All action on the part of each Buyer Party and, to the extent applicable, holders of its equity interests, for the execution and delivery of each Transaction Agreement to which
such Buyer Party is a party and the performance of its obligations thereunder, has been taken. Each Transaction Agreement to which a Buyer Party is a party constitutes the valid and legally binding obligation of such Buyer Party, enforceable against
such Buyer Party in accordance with its terms and conditions, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium or similar Laws affecting creditors&#146; rights generally and to general principles of equity
(regardless of whether such enforceability is considered in a proceeding in equity or at law). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c) <U>Noncontravention; Consents and
Approvals</U>. Except as set forth on <U>Schedule&nbsp;3(c)</U>, neither the execution and delivery of any Transaction Agreement to which any Buyer Party is a party, nor the performance by any Buyer Party of its obligations under the Transaction
Agreements to which such Buyer Party is a party nor the consummation of any of the transactions contemplated thereby, shall, (i)&nbsp;violate any Organizational Document of any Buyer Party, (ii)&nbsp;violate or conflict with any Law to which such
Buyer Party is subject or (iii)&nbsp;conflict with, result in a breach of, constitute a default under, result in the acceleration of, create in any Person the right to accelerate, terminate, modify or cancel or require any notice, payment or lien
under any agreement, contract, lease, license, instrument or other arrangement to which such Buyer Party is a party or by which such Buyer Party is bound or to which any of the Buyer Parties&#146; assets are subject, except where the violation,
conflict, breach, default, acceleration, termination, modification, cancellation, failure to give notice, right to payment or other compensation or Encumbrance would not, or could not reasonably be expected to, individually or in the aggregate,
delay or materially affect any Buyer Parties&#146; ability to consummate the transactions contemplated by this Agreement or any other Transaction Agreement to which such Buyer Party is a party. Except for filings required to be made under the HSR
Act, authorization required by Environmental Requirements set forth on <U>Schedule&nbsp;3(c)</U>, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">21 </P>


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and applicable securities Laws, no Buyer Party needs to give any notice to, make any filing with or obtain any authorization, consent or approval of any Governmental Authority or any other Person
to consummate the transactions contemplated by this Agreement or any other Transaction Agreement to which such Buyer Party is a party. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(d) <U>Brokers&#146; Fees</U>. Except as set forth on <U>Schedule 3(d)</U>, no Buyer Party has any liability or obligation to pay any fees or
commissions to any broker, finder or agent with respect to the transactions contemplated by this Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(e) <U>No Other
Representations or Warranties</U>. Except as and to the extent set forth in this Agreement and the other Transaction Agreements, the Buyer makes no representations or warranties whatsoever to the Seller and hereby disclaims all liability and
responsibility for any representation, warranty, statement, or information made, communicated, or furnished (orally or in writing) to any Seller Party or their representatives (including any opinion, information, projection, or advice that may have
been or may be provided to any Seller Party by any director, officer, employee, agent, consultant, or representative of the Buyer or any Affiliate thereof). The Buyer makes no representations or warranties to any Seller Party regarding profitability
of the Buyer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(f) <U>No Reliance</U>. Each Buyer Party has reviewed and has had access to all documents, records, and information, as
well as facilities of the Business and key employees of the Seller, which it desired to review in connection with its decision to enter into the Transaction Agreements to which such Buyer Party is a party, and to purchase the Acquired Equity
Interests and to consummate the transactions contemplated thereby, as applicable. In deciding to enter into this Agreement and the other Transaction Agreements, and to consummate the transactions contemplated hereby and thereby, each Buyer Party has
relied solely upon its own knowledge, independent investigation, review and analysis, examination, inspection and determination (and that of its representatives) with respect thereto, and not on any disclosure or representation made by, or any duty
to disclose on the part of, the Seller, its Affiliates, or any of their respective representatives, other than the representations and warranties of the Seller expressly set forth in <U>Article 4</U> and the other Transaction Agreements. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(g) <U>Acquisition of Acquired Equity Interests for Investment</U>. The Acquired Equity Interests, when acquired by Buyer (or its designee(s))
at the Closing, will be acquired from the Seller Parties for Buyer&#146;s own account, for investment purposes, and Buyer is not acquiring the Acquired Equity Interests from the Seller Parties with a view to, or to make offers of sales for the
Seller Parties in connection with, any distribution thereof, or to participate or have a direct or indirect participation in any such undertaking, or to participate or have a participation in the direct or indirect underwriting of any such
undertaking, in each case within the meaning of the Securities Act of 1933, as amended (the &#147;<B><I>Securities Act</I></B>&#148;), or applicable state securities Laws. The Buyer understands that: (i)&nbsp;the Acquired Equity Interests have not
been registered under the Securities Act by reason of their issuance in a transaction exempt from the registration and prospectus delivery requirements of the Securities Act and have not been qualified under any state securities Laws on the grounds
that the offering and sale of securities contemplated by this Agreement are exempt from registration thereunder; and (ii)&nbsp;the Seller Parties&#146; reliance on such exemptions is predicated on the Buyer&#146;s representations set forth herein.
The Buyer understands that the resale of the Acquired Equity Interests may be restricted indefinitely, unless a subsequent disposition thereof is registered under the Securities Act and registered under any state securities Law or are exempt from
such registration. The Buyer is an &#147;accredited investor&#148; as that term is defined in Rule 501 of </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">22 </P>


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Regulation D promulgated by the SEC under the Securities Act. The Buyer is able to bear the economic risk of the acquisition of the Acquired Equity Interests pursuant to the terms of this
Agreement, including a complete loss of the Buyer&#146;s investment in the Acquired Equity Interests, for an indefinite period of time and has such knowledge and experience in financial or business matters that it is capable of evaluating the merits
and risks of its acquisition of the Acquired Equity Interests. For purposes of state &#147;blue sky&#148; Laws, the Buyer represents and warrants that the principal executive offices of the Buyer are located in the State of Texas and that the
decision by the Buyer Parties to acquire the Acquired Equity Interests shall be deemed to occur solely in the State of Texas. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(h)
<U>Sufficiency of Funds</U>. Prior to the date of this Agreement, Buyer delivered that certain Commitment Letter from Wells Fargo Bank, N.A., WF Investment Holdings, LLC, Wells Fargo Securities, LLC, Bank of America, N.A., Merrill Lynch, Pierce
Fenner&nbsp;&amp; Smith Incorporated, Bank of Montreal, and BMO Capital Markets Corp., dated July&nbsp;16, 2015 to Seller (the &#147;<B><I>Commitment Letter</I></B>&#148;). On the Closing Date, the Buyer will have sufficient funds to fund the
payment of the Purchase Price. The Buyer&#146;s obligation to consummate the transactions contemplated by this Agreement at the Closing is not subject to any condition or contingency with respect to financing from any source. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(i) <U>Litigation</U>. There is no legal, equitable, bankruptcy, administrative or other action or proceeding pending or, to the Buyer&#146;s
Knowledge, threatened against Buyer before any arbitrator or Governmental Authority, which questions or challenges the validity of this Agreement or any action taken or to be taken by Buyer pursuant to this Agreement or in connection with the
transactions contemplated by this Agreement, and Buyer does not have Knowledge of any such action, proceeding or investigation which the Buyer believes is reasonably likely of assertion, other than potential inquiries by the FTC. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">4. <U>Representations and Warranties Concerning the Seller Parties, the Subject Entities and the Business</U>. The Seller hereby represents
and warrants to the Buyer that the following statements contained in this <U>Article&nbsp;4</U> are true and correct as of the date hereof and the Closing Date. Notwithstanding anything in this <U>Article 4</U> to the contrary, (i)&nbsp;except for
the representations and warranties contained in <U>Section&nbsp;4(f)(i)</U> and <U>4(f)(ii)</U>, any representation and warranty relating to the Company Joint Venture Entities (whether referenced directly or indirectly through other defined terms)
or their respective assets shall be qualified as to the Seller&#146;s Knowledge; and (ii)&nbsp;no representation or warranty is being made under <U>Section&nbsp;4(a)</U>, <U>4(b)</U> or <U>4(c)</U> with respect to any Reorganization Document to the
extent it would conflict with the Buyer&#146;s obligation to indemnify the Seller Indemnitees under <U>Section&nbsp;8(c)(i)</U> for the matters identified on <U>Schedule&nbsp;4(r)</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a) <U>Organization and Good Standing</U>. Each of the Seller Parties and each of the Subject Entities is duly organized, validly existing and
in good standing under the Laws of the state of its formation. The Seller Parties and each of the Subject Entities is duly qualified and in good standing under the Laws of each other jurisdiction that requires qualification, except where the failure
to be so qualified or in good standing would not, or could not reasonably be expected to, individually or in the aggregate, have a Seller Material Adverse Effect. Each Seller Party and each Subject Entity has full power and authority to carry on the
business in which it is engaged, and to own and use the properties owned and used by it except where the failure to own and use the properties owned and used would not, or could not reasonably be expected to, individually or in the aggregate, have a
Seller Material Adverse Effect. The Seller has delivered to the Buyer correct and complete copies of each Subject Entity&#146;s Organizational Documents entered into on or prior to the date hereof, as amended to date. None of the Subject Entities is
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">23 </P>


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in breach of any provision of its Organizational Documents. To the Seller&#146;s Knowledge, no other equity owner of any Subject Entity (other than an Affiliate of the Buyer) that has more than
one equity owner is in breach, default or violation of any Organizational Document of a Subject Entity. There is no proposed, pending or, to the Seller&#146;s Knowledge, threatened action (or, to the Seller&#146;s Knowledge, Basis therefor) for the
dissolution, liquidation, insolvency or rehabilitation of any Seller Party or Subject Entity. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b) <U>Authorization of Transaction</U>.
Each Seller Party has (or had, in the case of the Reorganization Documents) full power and authority (including full entity power and authority) to execute and deliver each Transaction Agreement and Reorganization Document to which such Seller Party
is a party, to perform its obligations thereunder, and to consummate the transactions contemplated thereby. All action on the part of each Seller Party and, to the extent applicable, holders of its equity interests, for the execution and delivery of
each Transaction Agreement and Reorganization Document which such Seller Party is a party and the performance of its obligations thereunder, has been taken. Each Transaction Agreement and Reorganization Document to which any Seller Party is a party
constitutes the valid and legally binding obligation of such Seller Party, enforceable against such Seller Party in accordance with its terms and conditions, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium or
similar Laws affecting creditors&#146; rights generally and to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c) <U>Noncontravention, Consents and Approvals</U>. Except as set forth on <U>Schedule&nbsp;4(c)</U>, neither the execution and delivery of
any Transaction Agreement or Reorganization Document to which any Seller Party is a party, nor the performance by any Seller Party of its obligations under the Transaction Agreements and Reorganization Documents to which such Seller Party is a party
nor the consummation of any of the transactions contemplated thereby, shall, (i)&nbsp;violate (or have violated, in the case of the Reorganization Documents) any Organizational Document of any Seller Party or any Subject Entity, (ii)&nbsp;violate or
conflict with (or have violated or conflicted with, in the case of the Reorganization Documents) any Law to which such Seller Party or any Subject Entity is subject or (iii)&nbsp;conflict with, result in a breach of, constitute a default under,
result in the acceleration of, create in any Person the right to accelerate, terminate, modify or cancel or require any notice, payment or lien under (or have conflicted with, resulted in a breach of, constituted a default under, resulted in
acceleration of, created in any Person the right to accelerate, terminate, modify or cancel or required any notice, payment or lien under, in the case of the Reorganization Documents) any agreement, contract, lease, license, instrument or other
arrangement to which such Seller Party or a Subject Entity is a party, or by which such Seller Party or any Subject Entity is bound or to which any of its assets are subject, except where the violation, conflict, breach, default, acceleration,
termination, modification, cancellation, failure to give notice, right to payment or other compensation or Encumbrance, did not, would not, or could not reasonably be expected to, as applicable, individually or in the aggregate, result in a Seller
Adverse Effect of more than $10,000,000. Except as set forth on <U>Schedule&nbsp;4(c)</U>, no Seller Party needs to give any notice to, make any filing with or obtain any authorization, consent or approval of any Governmental Authority or any other
Person to consummate the transactions contemplated by this Agreement, any other Transaction Agreement or any Reorganization Document to which such Seller Party is a party, except as did not, would not, or could not reasonably be expected to, as
applicable, individually or in the aggregate, result in a Seller Adverse Effect of more than $10,000,000. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">24 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(d) <U>Brokers&#146; Fees</U>. None of the Seller, its Affiliates or the Company Joint Venture
Entities has any liability or obligation to pay any fees or commissions to any broker, finder or agent with respect to the transactions contemplated by this Agreement. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(e) <U>Title to and Condition of Assets</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Each of the Subject Entities has good and valid title to all of the Business Assets applicable to it other than the Leased
Assets, and a valid leasehold interest in all of the Leased Assets applicable to it, except for (A)&nbsp;Permitted Encumbrances and (B)&nbsp;Encumbrances disclosed in <U>Schedule&nbsp;4(e)(i)</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Business Assets, other than the Excluded Assets, constitute all of the material assets necessary to conduct the
Business in substantially the same manner as currently conducted by the Seller, its Affiliates and the Company Joint Venture Entities, as applicable, and during the periods reflected in the Combined Financial Statements, and, if applicable, the
Supplemental Combined Financial Statements. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) To the Seller&#146;s Knowledge, except as set forth on <U>Schedule
4(e)(iii)</U>, each of the material Business Assets whether owned or leased, is in good, serviceable condition and fit for the particular purpose for which it is currently being used, subject only to normal maintenance requirements and normal wear
and tear reasonably expected in the Ordinary Course of Business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(f) <U>Capitalization</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Schedule 4(f)(i)</U> specifies (A)&nbsp;the owners beneficially and of record of the issued and outstanding Equity
Interests in each Company and each Company Subsidiary and the holder(s) of any Commitment or Preferential Right to acquire any such Equity Interests and (B)&nbsp;the Companies, the Company Subsidiaries, the Company Joint Venture Entities and the
Seller Group members that are the owners beneficially and of record of the issued and outstanding Equity Interests in each Company Joint Venture Entity and the holder(s) of any Commitment or Preferential Right to acquire any such Equity Interests.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Equity Interests in each Company and Company Subsidiary specified in <U>Schedule&nbsp;4(f)(i)</U> constitute 100%
of the issued and outstanding Equity Interests in each Company and Company Subsidiary, as applicable. The issued and outstanding Equity Interests in each Company, Company Subsidiary and Company Joint Venture Entity specified in <U>Schedule
4(f)(i)</U> have been duly authorized, validly issued, fully paid and are non-assessable (except as set forth in the Organizational Documents of the applicable Subject Entity). Except as described in <U>Schedule&nbsp;4(f)(ii)</U>, (A)&nbsp;such
Equity Interests are held free and clear of any Encumbrances (except Encumbrances existing under the Organizational Documents of the applicable Subject Entity and restrictions on transfer under applicable securities laws), and, except as existing
under the Organizational Documents of the applicable Subject Entity, there are no Commitments or Preferential Rights with respect to such Equity Interests, (B)&nbsp;such Equity Interests </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">25 </P>


<p Style='page-break-before:always'>
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are not subject to any voting trusts, proxies or other contracts or understandings with respect to voting any of such Equity Interests, and (C)&nbsp;there is no other security or interest (other
than the Equity Interests specified on <U>Schedule&nbsp;4(f)(i)</U>) entitled to vote with respect to the election of directors (or the functional equivalent, if any) or other matters with respect to each Subject Entity. Upon Closing and the
transfer of the Acquired Equity Interests to the Buyer or its designee(s), the Acquired Equity Interests will be free of all Encumbrances, other than Encumbrances existing under the Organizational Documents of the applicable Person and restrictions
on transfers under applicable securities Laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(g) <U>No Other Subsidiaries or Joint Ventures</U>. Except as set forth on <U>Schedule
4(g)</U>, the Subject Entities do not own any Equity Interest in any Person. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(h) <U>Damage, Casualty, Etc</U>. To the Seller&#146;s
Knowledge, since December&nbsp;31, 2014, except for any damage, destruction or condemnation that occurs after the date of this Agreement and is subject to the provisions of <U>Section&nbsp;5(e)</U> or as otherwise described and reasonably apparent
in the footnotes to the Combined Financial Statements: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) except as set forth on <U>Schedule 4(h)(i)</U>, there has not
been any physical damage, destruction or loss in excess of $10,000,000 to any material portion of the Business, whether or not covered by insurance; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) there has been no actual, pending, or, to the Seller&#146;s Knowledge, threatened adverse change affecting the Business
with any customers, licensors, suppliers, distributors or sales representatives of the Business that would have, individually or in the aggregate, a Seller Adverse Effect in excess of $10,000,000; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) the Business has been operated and maintained in all material respects in the Ordinary Course of Business; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) there has not been any Seller Adverse Effect in excess of $10,000,000; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) none of the Seller, its Affiliates or the Company Joint Venture Entities has committed to or received any written
communication (including electronic communications) from any Governmental Authority or other Person that requires, or reasonably could require, any expenditures in excess of $10,000,000 for or with respect to the Subject Entities or the Business,
other than liabilities disclosed, reflected, reserved against or otherwise provided for in the Combined Financial Statements or disclosed in the notes thereto, including future asset retirement obligations; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) none of the matters of the type described in clauses (i)&#150;(xvi) of <U>Section&nbsp;5(c)</U> have occurred except as
would be permitted pursuant to such clauses or as set forth in <U>Schedule&nbsp;4(h)(vi)</U>; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) there is no
contract, commitment or agreement to take or cause to take any action that would result in any of the foregoing described in clauses (i), (ii), (iv), (v), or (vi)&nbsp;to operate or maintain the Business other than in the Ordinary Course of
Business, in each case, except as expressly permitted hereby. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">26 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(i) <U>Legal Compliance</U>. To the Seller&#146;s Knowledge, each of the Seller and its
Affiliates (other than the Subject Entities), with respect to the Business, and each of the Subject Entities, is in compliance and has, since December&nbsp;31, 2013, complied with all applicable Laws of all Governmental Authorities, and is not in
default under or in violation of, in any material respect, any applicable Law, except where the failure to comply or default or violation would not, or could not reasonably be expected to, individually or in the aggregate, have a Seller Adverse
Effect in excess of $10,000,000. None of the Seller, its Affiliates or any Company Joint Venture Entity has received any written communication (including electronic communications) since December&nbsp;31, 2013 from a Governmental Authority that
alleges that the Seller or any of its Affiliates with respect to the Business, any Subject Entity, or any portion of the Business, is not in compliance in any material respect with or is in default or violation of in any material respect any
applicable Law, except where such failure, default or violation would not, or could not reasonably be expected to, individually or in the aggregate, have a Seller Adverse Effect in excess of $10,000,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(j) <U>Tax Matters</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Each of the Seller, its Affiliates and the Subject Entities has duly filed or caused to be filed all material Tax Returns
(or appropriate extensions) required to be filed by or with respect to the Business Assets or such Subject Entities, as applicable, with the Internal Revenue Service or other applicable taxing authority, all material Taxes (as determined on an
aggregate basis) due or claimed due by a taxing authority from or with respect to the Business Assets or each applicable Subject Entity or its assets or operations have been paid, or adequately reserved against, and each of the Seller, its
Affiliates and the Subject Entities has made all material deposits required of the Subject Entities and with respect to such Taxes. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) Except as described in <U>Schedule 4(j)</U>, no deficiency or adjustment for any amount of Tax has been proposed,
asserted, or assessed by the Internal Revenue Service or any other taxing authority in connection with any Tax Returns relating to the Business Assets or the Subject Entities, and no waiver or extension of any statute of limitations as to any
federal, state, local or foreign tax matter relating to the Business Assets or the Subject Entities has been given by or requested from the Seller, its Affiliates or the Subject Entities with respect to any Tax year. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) Except as described in <U>Schedule 4(j)</U>, none of the Seller or the Subject Entities is currently the beneficiary of
any extension of time within which to file any Tax Return of the Subject Entities or with respect to the Business Assets. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) Each of the Seller, its Affiliates and the Subject Entities, as applicable, has withheld and paid all material Taxes (as
determined on an aggregate basis) required to have been withheld and paid in connection with amounts paid or owing to any employee, independent contractor, shareholder, partner, member or creditor of the Business or the Subject Entities, as
applicable, or other third party, and all forms (including forms W-2 and 1099) required by applicable Law with respect thereto have been properly completed and timely filed in all material respects. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">27 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) Except as described in <U>Schedule 4(j)</U>, each of the Subject Entities is,
and has been since formation, classified for U.S. federal income tax purposes either (A)&nbsp;as a partnership or (B)&nbsp;as disregarded from its sole owner. Further, any Subject Entity classified as a partnership for U.S. federal income tax
purposes has made a valid election pursuant to Section&nbsp;754 of the Code, and such election is in effect. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) Except
as described in <U>Schedule 4(j)</U>, none of the Subject Entities is a member of a combined unitary, affiliated or other similar group for tax purposes. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) None of the Subject Entities has any liability for Taxes of any person (other than such Subject Entity, as applicable)
under Treasury Regulation &#167; 1.1502-6 (or any similar provision of state, local or foreign law), as a transferee or successor, by contract or otherwise. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(k) <U>Contracts and Commitments</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) To the Seller&#146;s Knowledge, <U>Schedule 4(k)(i)</U> contains a list as of the date of this Agreement of each Business
Contract (the &#147;<B><I>Business Contracts (Scheduled)</I></B>&#148;) to which any Subject Entity (other than Cameron Highway Oil Pipeline Company, Poseidon and Southeast Keathley Canyon Pipeline Company, L.L.C.) is a party (including currently
effective amendments and modifications thereto and an asterisk next to each Business Contract that requires the consent of a counterparty thereto to consummate the transactions contemplated by this Agreement) in the following categories: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(A) any contract (other than a customary buy/sell arrangement) that provides for the payment by any Subject Entity of more
than $10,000,000 over the remaining life of such contract; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(B) any contract (other than a customary buy/sell arrangement)
that has not been fully performed prior to the date of this Agreement that constitutes a purchase order or other contract relating to the sale, purchase, lease or provision by any Subject Entity of goods or services in excess of $10,000,000; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(C) any contract, including a buy/sell arrangement, that generates net revenues for any Subject Entity in excess of
$10,000,000 annually; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(D) any contract that grants any Person the exclusive right to sell products or provide services
within any geographical region; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(E) any contract that purports to limit the freedom of any Subject Entity to compete in
any line of business, including any portion of the Business, or to conduct business in any geographic location; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">28 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(F) any contract that provides for the deferred payment of any purchase price
(other than trade payables incurred in the Ordinary Course of Business), including any &#147;earn out&#148; or other contingent fee arrangement, except any such agreement with an aggregate outstanding principal amount not exceeding $10,000,000; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(G) any contract that creates an Encumbrance (other than a Permitted Encumbrance) on any of the Business Assets or the
Acquired Equity Interests or any contract giving rise to a vendor&#146;s lien in respect of trade payables arising in the Ordinary Course of Business; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(H) any contract that involves interest rate swaps, cap or collar agreements, commodity or financial future or option
contracts or similar derivative or hedging contracts; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(I) any contract (other than loans to employees up to an aggregate
amount of $10,000,000) under which any Subject Entity has made advances or loans to any other Person other than trade receivables incurred in the Ordinary Course of Business and any intercompany agreements to be repaid and terminated at or prior to
the Closing; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(J) any contract that involves any outstanding contracts of guaranty, surety or indemnification, direct or
indirect, by any Subject Entity; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(K) any contract forming a partnership, joint venture or similar arrangement; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(L) any operating or similar agreement with a value in excess of $10,000,000; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(M) any construction, maintenance or similar agreement with a value in excess of $10,000,000; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(N) any contract for the lease of personal property to or from any Person providing for lease payments in excess of
$10,000,000 in any 12-month period; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(O) any contract not made in the Ordinary Course of Business; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(P) any contract with an Associate as a counterparty. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Seller has delivered (and has caused the applicable Company, Company Subsidiary and, to the extent it has the Legal
Right, the applicable Company Joint Venture Entity) to the Buyer a correct and complete copy of each Business Contract (Scheduled) (as amended) set forth on <U>Schedule 4(k)(i)</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) To the Seller&#146;s Knowledge, except as set forth in <U>Schedule 4(k)(iii)</U>, with respect to each Business Contract
to which any Subject Entity is a party: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(A) such contract is enforceable in all material respects, subject to the effects
of bankruptcy, insolvency, reorganization, moratorium or similar Laws affecting creditors&#146; right generally and to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law); </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">29 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(B) subject to the receipt of the consents indicated on <U>Schedule 4(k)(i)</U>,
such contract will continue to be so enforceable on terms identical to those contemplated in (A)&nbsp;above following the consummation of the Transaction Agreements (except for those that expire at the end of their term, without regard to the
Transaction Agreements); and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(C) no party to such contract has repudiated any provision of such contract. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) To the Seller&#146;s Knowledge, the Subject Entity that is a party thereto is not (and neither the Seller nor any of its
Affiliates that are a party thereto, and to the Seller&#146;s Knowledge, no other applicable counter-party thereto is) in material breach or default of any Business Contract to which any Subject Entity is a party or to which the Seller, any of its
Affiliates or any other Subject Entity is a counter-party, and no event has occurred that, with notice or lapse of time, would constitute a breach or default under such Business Contract. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(l) <U>Permits</U>. To the Seller&#146;s Knowledge, with the exception of items set forth on <U>Schedule&nbsp;4(n)(ii)</U>, <U>Schedule
4(l)</U> lists all Permits by any Governmental Authority and all quality certificates granted by any industry organization and used or held by the Seller Parties and its Affiliates in connection with the ownership and operation of the Business
except for those the absence of which would not, or could not reasonably be expected to, individually or in the aggregate, result in a Seller Adverse Effect of more than $10,000,000. Such Permits constitute all Permits necessary for the continued
ownership, use and lawful operation of the Business, consistent in all material respects with the past practices of the Business. Except as set forth on <U>Schedule 4(l)</U>, the Seller and its Affiliates are not in default, and, to the
Seller&#146;s Knowledge, no condition exists that with notice or lapse of time or both would constitute a default under any of such Permits (or any Permits in the case of the Subject Entities) except such unenforceability, defaults or conditions
that would not, or could not reasonably be expected to, individually or in the aggregate, result in a Seller Adverse Effect of more than $10,000,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(m) <U>Litigation</U>. To the Seller&#146;s Knowledge, <U>Schedule 4(m)</U> sets forth each instance in which any of the Subject Entities, any
of the Acquired Equity Interests, Business Assets or the Business (i)&nbsp;is subject to any outstanding injunction, judgment, order, decree, ruling or charge or (ii)&nbsp;is the subject of any action, suit, proceeding, hearing or known
investigation of, in or before any court or quasi-judicial or administrative agency of any federal, state, local or foreign jurisdiction, or is the subject of any pending or, to the Seller&#146;s Knowledge, threatened claim, demand or notice of
violation or liability from any Person. To the Seller&#146;s Knowledge, there is not any Basis for any present or future injunction, judgment, order, decree, ruling, charge or action, suit proceeding, hearing or investigation of, in or before any
Governmental Authority, against any Subject Entity giving rise to any Obligation to which any of the Subject Entities would be subject. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">30 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(n) <U>Environmental Matters</U>. To the Seller&#146;s Knowledge, except as set forth in
<U>Schedule&nbsp;4(n)</U>: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Except as would not, or could not reasonably be expected to, individually or in the
aggregate, have a Seller Adverse Effect in excess of $10,000,000, each of the Seller, its Affiliates and the Company Joint Venture Entities is, and since December&nbsp;31, 2013 has been, in compliance with all applicable Environmental Requirements
applicable to the Subject Entities or the Business. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) Except as would not, or could not reasonably be expected to,
individually or in the aggregate, have a Seller Adverse Effect in excess of $10,000,000, (A)&nbsp;each of the Subject Entities has obtained and is, and since December&nbsp;31, 2013 has been, in compliance with all Permits required under
Environmental Requirements for the occupation of its facilities or operation of its business, including the Business, (B)&nbsp;each of the Seller and its Affiliates has obtained and is, and since December&nbsp;31, 2013 has been, in compliance with
all Permits required under Environmental Requirements for the occupation of its facilities used in the Business or operation of the Business, and (C)&nbsp;all such Permits remain in full force and effect and, except as set forth on <U>Schedule
4(n)(ii)</U>, the Seller and its Affiliates are not in default, and, to the Seller&#146;s Knowledge, no condition exists that with notice or lapse of time or both would constitute a default under any of such Permits. <U>Schedule 4(n)(ii)</U> lists
all Permits as are necessary under applicable Environmental Requirements for operating the Business Assets, each of which is held in the name of the appropriate Subject Entity or other Person as indicated on <U>Schedule 4(n)(ii)</U>, except for
those the absence of which would not, or could not reasonably be expected to, individually or in the aggregate, result in a Seller Adverse Effect of more than $10,000,000. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) Except as would not, or could not reasonably be expected to, individually or in the aggregate, have a Seller Adverse
Effect in excess of $10,000,000, there are no pending or, to Seller&#146;s Knowledge, threatened claims, demands, actions, administrative proceedings, including any government investigations or mandatory information requests, or lawsuits against the
Seller or its Affiliates (with respect to the Business or the Business Assets) or the Subject Entities under any Environmental Requirements. The Seller has not received notice of any pending or, to Seller&#146;s Knowledge, threatened claims,
demands, actions, administrative proceedings, including any government investigations or mandatory information requests, or lawsuits against the Seller or its Affiliates (with respect to the Business or the Business Assets) or the Subject Entities
under any Environmental Requirements and the Seller or its Affiliates (with respect to the Business or the Business Assets) and the Subject Entities are not, and none of the Business Assets or the Business is, subject to any outstanding injunction,
judgment, order, decree or ruling under any Environmental Requirements. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) None of the Seller, its Affiliates and the
Company Joint Venture Entities has generated, transported, handled, stored, treated, released, threatened to release, or disposed of Hazardous Substances by, in connection with or as a result of the operation of the Subject Entities or the Business
or the conduct of the Seller, its Affiliates and the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">31 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman">
Company Joint Venture Entities of its business, including the Business, with respect to the Subject Entities (or the Business, in the case of the Seller and its Affiliates (other than the Subject
Entities)) in a manner that would, or could reasonably be expected to, individually or in the aggregate, have a Seller Adverse Effect in excess of $10,000,000, including any Seller Adverse Effect for response costs, corrective action costs, personal
injury, property damage or natural resources damages under any Environmental Requirements. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) None of the Seller or its
Affiliates (with respect to the Business or the Business Assets) or the Subject Entities has received any written notice that it is or may be a potentially responsible party under any Environmental Requirements in connection with any site actually
or allegedly containing or used for the treatment, storage or disposal or otherwise subject to a release or threatened release of Hazardous Substances. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) The transactions contemplated by this Agreement will not result in any liabilities for site investigation or cleanup, or
require the consent of any Person, pursuant to any Environmental Requirements, including any so-called &#147;transaction-triggered&#148; or &#147;responsible property transfer&#148; requirements. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) Except for any applicable Business Contracts (Scheduled), none of the Seller, its Affiliates or the Company Joint Venture
Entities has, either expressly or by operation of Law, assumed or undertaken any liability, including any obligation for corrective or remedial action, of any other Person relating to Environmental Requirements applicable to the Subject Entities or
the Business in a manner that would, or could reasonably be expected to, individually or in the aggregate, have a Seller Adverse Effect in excess of $10,000,000. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Except as set forth in this <U>Section&nbsp;4(n)</U>, no representation or warranties are being made by the Seller in this Agreement with respect to matters
under or relating to Environmental Requirements. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(o) <U>Combined Financial Statements; Additional Information</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) The Combined Financial Statements have been prepared in accordance with GAAP applied on a consistent basis (except as may
be indicated in the notes thereto) and reflect, in all material respects, the combined historical financial condition and results of operations, cash flows and owners&#146; equity of the Business, at the dates and for the periods indicated therein
(subject to normal year-end audit adjustments in the case of any unaudited interim financial statements). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The
Additional Information, to the extent prepared by the Seller Group, has been prepared on a reasonable basis and in accordance with Seller&#146;s custom and practice on a consistent basis for the periods covered therein. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(p) <U>Books and Records</U>. To the Seller&#146;s Knowledge, the minute books and other similar records of each Company and Company
Subsidiary contain true and complete copies of all actions taken </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">32 </P>


<p Style='page-break-before:always'>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
at meetings of the board of directors of such Company and Company Subsidiary, any committee thereof, or other similar body of each Company and Company Subsidiary, and all written consents
executed in lieu of any such meetings. To the extent available, complete copies of all of such minute books and other similar records have been made available to the Buyer. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(q) <U>Indebtedness and Encumbrances</U>. Except for the Indebtedness under the Poseidon Loan Documents and the Poseidon Liens or as set forth
on <U>Schedule 4(q)</U>, (i)&nbsp;there is no Indebtedness and (ii)&nbsp;there are no borrowings, loan agreements, promissory notes, pledges, mortgages, guaranties, capital leases or other similar Obligations (direct or indirect) that are secured by
or constitute an Encumbrance on the Acquired Equity Interests or any Business Asset. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(r) <U>Preferential Rights</U>. Except as set forth
on <U>Schedule 4(r)</U>, there are no Preferential Rights. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(s) <U>Intellectual Property</U>. To the Seller&#146;s Knowledge, the Seller
and its applicable Affiliates own or have valid licenses to use, and have the Legal Right to use, all the Intellectual Property. To the Seller&#146;s Knowledge, no such Intellectual Property, including any licensed right therein, is the subject of
any challenge received by the Seller or its Affiliates in writing and no such challenge has been threatened. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(t) <U>Employees</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Schedule 4(t)(i)</U> lists, as of the date of this Agreement, each current employee of the Seller and its Affiliates
whose primary duties are the provision of services to the Business (collectively, the &#147;<B><I>Business Employees</I></B>&#148; and each, individually, a &#147;<B><I>Business Employee</I></B>&#148;). <U>Schedule&nbsp;4(t)(i)</U> also contains a
complete and accurate list, as of the date of this Agreement, of each Business Employee&#146;s job title and date of commencement of employment. The Seller has provided to the Buyer the current rate of base salary or base wages for each of the
Business Employees listed in <U>Schedule&nbsp;4(t)(i)</U>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) To the Seller&#146;s Knowledge, within the past three
years, the Seller and its Affiliates (A)&nbsp;have materially complied with all applicable requirements of the Worker Adjustment and Retraining Notification Act and any similar state, local or foreign Laws (collectively, the &#147;<B><I>WARN
Act</I></B>&#148;) regarding the termination or layoff of any present or former Business Employees and (B)&nbsp;have not incurred any liability or obligations under the WARN Act with respect to any present or former Business Employees. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) To the Seller&#146;s Knowledge, no Business Employee is bound by or subject to any contract or agreement that purports to
(A)&nbsp;limit the ability of such Business Employee to engage in or continue or perform any conduct, activity, duties or practice relating to the Business or (B)&nbsp;permit such Business Employee to assign to any Person any rights to any
invention, improvement, or discovery directly related to the Business. To the Seller&#146;s Knowledge, no former or current Business Employee is a party to, or is otherwise bound by or subject to, any contract or agreement that materially affects,
or </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">33 </P>


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will materially affect, the ability of the Seller, its Affiliates, the Subject Entities or the Buyer to conduct the Business as heretofore carried on by the Seller and its applicable Affiliates.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) To the Seller&#146;s Knowledge, (A)&nbsp;neither the Seller nor any of its Affiliates are a party to or subject to
any collective bargaining agreements, works council agreements, labor union contracts, trade union agreements, or other agreements (each a &#147;<B><I>Collective Bargaining Agreement</I></B>&#148;) with any union, works council, or labor
organization that cover any Business Employees; and (B)&nbsp;in the past three years, (1)&nbsp;no union, works council, labor organization, or group of employees has sought to organize any Business Employees for purposes of collective bargaining,
(2)&nbsp;no Business Employees have made a demand for recognition or certification, sought to bargain collectively with the Seller or an Affiliate, or filed a petition for recognition with any Governmental Authority, and (3)&nbsp;there have been no
actual or, to the Seller&#146;s Knowledge, threatened strikes, lockouts, slowdowns, work stoppages, boycotts, handbilling, picketing, walkouts, demonstrations, leafleting, sit-ins, sick-outs, or other forms of organized labor disruption with respect
to the Business Employees. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) To the Seller&#146;s Knowledge, except as would not, or could not reasonably be expected
to, individually or in the aggregate, result in material liability to the Buyer and its Affiliates, since December&nbsp;31, 2014, the Seller and its Affiliates have been and are in material compliance with all applicable Laws relating to labor and
employment with respect to the Business Employees. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) None of the Subject Entities sponsors, maintains or contributes
to, or has any obligation to maintain or contribute to, or has any direct or indirect liability, whether contingent or otherwise, with respect to any &#147;employee benefit plan,&#148; as defined in Section&nbsp;3(3) of ERISA, whether or not subject
to ERISA (individually, a &#147;<B><I>Benefit Plan</I></B>,&#148; and collectively, the &#147;<B><I>Benefit Plans</I></B>&#148;). </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) To the Seller&#146;s Knowledge, with respect to each group health plan sponsored or maintained by the Seller or its
applicable Affiliates benefiting any current or former Business Employee, except as would not, or could not reasonably be expected to, individually or in the aggregate, result in any material liability, whether direct or indirect, contingent or
otherwise, to the Buyer Parties, the Seller and its Affiliates have complied in all material respects with the continuation coverage requirements of Section&nbsp;4980B of the Code and Part 6 of Subtitle B of Title I of ERISA with respect to present
and former Business Employees and their dependents. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(u) <U>Arrangements</U>. Except for services, contracts or other arrangements listed
in <U>Schedule 4(u)</U>, (i)&nbsp;the Seller and its Affiliates (other than the Subject Entities) do not provide any goods or services to, receive goods or services from, or have any contracts or arrangements with, any of the Subject Entities or the
Business and (ii)&nbsp;none of the Companies nor any of the Company Subsidiaries provide any goods or services to, receive any goods or services from, or have any contracts or arrangements with, any of the Company Joint Venture Entities, that, with
respect to clauses (i)&nbsp;and (ii), are connection, interconnection or transportation agreements or arrangements (other than transportation agreements or </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">34 </P>


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arrangements to which any of Cameron Highway Oil Pipeline Company, Poseidon or Southeast Keathley Canyon Pipeline Company, L.L.C. is a party), or, individually or in the aggregate, have a value
greater than $10,000,000 or are otherwise material to the operation of the Business. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(v) <U>Seller Status</U>. Neither the Seller, any of
the Subject Entities nor any of their respective Affiliates is an employee benefit plan or other organization exempt from taxation pursuant to Section&nbsp;501(a) of the Code, a non-resident alien, a foreign corporation or other foreign Person, or a
regulated investment company within the meaning of Section&nbsp;851 of the Code. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(w) <U>Not an Investment Company</U>. None of the
Subject Entities is (i)&nbsp;an &#147;investment company&#148; or a company &#147;controlled&#148; by an &#147;investment company&#148; within the meaning of the U.S. Investment Company Act of 1940, as amended, and the rules and regulations
promulgated thereunder or (ii)&nbsp;a &#147;holding company,&#148; a &#147;subsidiary company&#148; of a &#147;holding company,&#148; an Affiliate of a &#147;holding company,&#148; a &#147;public utility&#148; or a &#147;public-utility
company,&#148; as each such term is defined in the U.S. Public Utility Holding Company Act of 2005. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(x) <U>No Other Representations or
Warranties</U>. <B>E<SMALL>XCEPT</SMALL> <SMALL>AS</SMALL> <SMALL>AND</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>EXTENT</SMALL> <SMALL>SET</SMALL> <SMALL>FORTH</SMALL> <SMALL>IN</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>,
<SMALL>THE</SMALL> S<SMALL>ELLER</SMALL> <SMALL>MAKES</SMALL> <SMALL>NO</SMALL> <SMALL>REPRESENTATIONS</SMALL> <SMALL>OR</SMALL> <SMALL>WARRANTIES</SMALL> <SMALL>WHATSOEVER</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> B<SMALL>UYER</SMALL>
<SMALL>AND</SMALL> <SMALL>HEREBY</SMALL> <SMALL>DISCLAIMS</SMALL> <SMALL>ALL</SMALL> <SMALL>LIABILITY</SMALL> <SMALL>AND</SMALL> <SMALL>RESPONSIBILITY</SMALL> <SMALL>FOR</SMALL> <SMALL>ANY</SMALL> <SMALL>REPRESENTATION</SMALL>,
<SMALL>WARRANTY</SMALL>, <SMALL>STATEMENT</SMALL>, <SMALL>OR</SMALL> <SMALL>INFORMATION</SMALL> <SMALL>MADE</SMALL>, <SMALL>COMMUNICATED</SMALL>, <SMALL>OR</SMALL> <SMALL>FURNISHED</SMALL> (<SMALL>ORALLY</SMALL> <SMALL>OR</SMALL> <SMALL>IN</SMALL>
<SMALL>WRITING</SMALL>) <SMALL>TO</SMALL> <SMALL>ANY</SMALL> B<SMALL>UYER</SMALL> P<SMALL>ARTY</SMALL> <SMALL>OR</SMALL> <SMALL>THEIR</SMALL> <SMALL>REPRESENTATIVES</SMALL> (<SMALL>INCLUDING</SMALL> <SMALL>ANY</SMALL> <SMALL>OPINION</SMALL>,
<SMALL>INFORMATION</SMALL>, <SMALL>PROJECTION</SMALL>, <SMALL>OR</SMALL> <SMALL>ADVICE</SMALL> <SMALL>THAT</SMALL> <SMALL>MAY</SMALL> <SMALL>HAVE</SMALL> <SMALL>BEEN</SMALL> <SMALL>OR</SMALL> <SMALL>MAY</SMALL> <SMALL>BE</SMALL>
<SMALL>PROVIDED</SMALL> <SMALL>TO</SMALL> <SMALL>ANY</SMALL> B<SMALL>UYER</SMALL> P<SMALL>ARTY</SMALL> <SMALL>BY</SMALL> <SMALL>ANY</SMALL> <SMALL>DIRECTOR</SMALL>, <SMALL>OFFICER</SMALL>, <SMALL>EMPLOYEE</SMALL>, <SMALL>AGENT</SMALL>,
<SMALL>CONSULTANT</SMALL>, <SMALL>OR</SMALL> <SMALL>REPRESENTATIVE</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> S<SMALL>ELLER</SMALL> <SMALL>OR</SMALL> <SMALL>ANY</SMALL> A<SMALL>FFILIATE</SMALL> <SMALL>THEREOF</SMALL>). T<SMALL>HE</SMALL>
S<SMALL>ELLER</SMALL> <SMALL>MAKES</SMALL> <SMALL>NO</SMALL> <SMALL>REPRESENTATIONS</SMALL> <SMALL>OR</SMALL> <SMALL>WARRANTIES</SMALL> <SMALL>TO</SMALL> <SMALL>ANY</SMALL> B<SMALL>UYER</SMALL> P<SMALL>ARTY</SMALL> <SMALL>REGARDING</SMALL>
<SMALL>THE</SMALL> <SMALL>PROBABLE</SMALL> <SMALL>SUCCESS</SMALL> <SMALL>OR</SMALL> <SMALL>PROFITABILITY</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> B<SMALL>USINESS</SMALL>. E<SMALL>XCEPT</SMALL> <SMALL>AS</SMALL> <SMALL>AND</SMALL>
<SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>EXTENT</SMALL> <SMALL>EXPRESSLY</SMALL> <SMALL>SET</SMALL> <SMALL>FORTH</SMALL> <SMALL>IN</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>, <SMALL>NO</SMALL> <SMALL>REPRESENTATION</SMALL>
<SMALL>OR</SMALL> <SMALL>WARRANTY</SMALL> <SMALL>IS</SMALL> <SMALL>MADE</SMALL> <SMALL>BY</SMALL> S<SMALL>ELLER</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> B<SMALL>UYER</SMALL> <SMALL>AS</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL>
<SMALL>CONDITION</SMALL>, <SMALL>MERCHANTABILITY</SMALL> <SMALL>OR</SMALL> <SMALL>FITNESS</SMALL> <SMALL>FOR</SMALL> <SMALL>ANY</SMALL> <SMALL>PURPOSE</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>ASSETS</SMALL> <SMALL>OF</SMALL>
<SMALL>THE</SMALL> B<SMALL>USINESS</SMALL> <SMALL>OR</SMALL> <SMALL>THE</SMALL> S<SMALL>UBJECT</SMALL> E<SMALL>NTITIES</SMALL>, <SMALL>AND</SMALL> <SMALL>THE</SMALL> S<SMALL>ELLER</SMALL> <SMALL>IS</SMALL> <SMALL>NOT</SMALL> <SMALL>MAKING</SMALL>
<SMALL>ANY</SMALL> <SMALL>REPRESENTATIONS</SMALL> <SMALL>OR</SMALL> <SMALL>WARRANTIES</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>KIND</SMALL> <SMALL>WITH</SMALL> <SMALL>RESPECT</SMALL> <SMALL>TO</SMALL> <SMALL>ANY</SMALL>
<SMALL>PROJECTIONS</SMALL>, <SMALL>ESTIMATES</SMALL>, <SMALL>BUDGETS</SMALL> <SMALL>OR</SMALL> <SMALL>FORECASTS</SMALL> <SMALL>HERETOFORE</SMALL> <SMALL>DELIVERED</SMALL> <SMALL>OR</SMALL> <SMALL>MADE</SMALL> <SMALL>AVAILABLE</SMALL>
<SMALL>TO</SMALL> B<SMALL>UYER</SMALL> <SMALL>RELATING</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> B<SMALL>USINESS</SMALL> <SMALL>OR</SMALL> <SMALL>THE</SMALL> S<SMALL>UBJECT</SMALL> E<SMALL>NTITIES</SMALL>.</B> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">5. <U>Pre-Closing Covenants</U>. The Parties agree as follows with respect to the period between the date of this Agreement and the Closing or
earlier termination of this Agreement (except with respect to <U>Section&nbsp;5(c)(xii)</U>, <U>Section&nbsp;5(j)</U>, <U>Section&nbsp;5(p)(iii)</U>, and <U>Section&nbsp;5(p)(iv)</U>, which covenants therein shall survive until fully performed):
</P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a) <U>General</U>. The Buyer shall use its Commercially Reasonable Efforts to take all action and to do all things necessary, proper or
advisable in order to consummate and make effective the transactions contemplated by this Agreement, including satisfying the Seller&#146;s conditions to closing in <U>Section&nbsp;7(b)</U> and promptly notifying the Seller of any modifications to,
or termination of, the Commitment Letter. The Seller shall and, to the extent it has the Legal Right, shall cause each Company Joint Venture Entity to, use its Commercially Reasonable Efforts to take all action and to do all things necessary, proper
or advisable in order to consummate and make effective the transactions contemplated by this Agreement, including satisfying the Buyer&#146;s conditions to closing in <U>Section&nbsp;7(a)</U>. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">35 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b) <U>Notices and Consents</U>. The Seller shall (and, to the extent it has the Legal Right,
shall cause each Company Joint Venture Entity to) give any notices to, make any filings with, and use its Commercially Reasonable Efforts to obtain any authorizations, consents and approvals of Governmental Authorities and third parties it is
required to obtain in connection with the matters referred to in <U>Sections&nbsp;4(b)</U> and <U>4(c)</U> including the corresponding Schedules. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c) <U>Operation of Business</U>. Except as expressly contemplated by this Agreement or as contemplated by <U>Schedule 5(c)</U>, the Seller
will cause each Company and Company Subsidiary, to the extent it has the Legal Right, the Company Joint Venture Entities, not to engage in any practice, take any action or enter into any transaction outside the Ordinary Course of Business without
the prior consent of the Buyer (which consent shall not be unreasonably withheld, conditioned or delayed). Subject to compliance with applicable Law, the Seller will reasonably confer on a regular and frequent basis (generally expected to be at
least twice per month) with one or more representatives of the Buyer to report on operational matters and the general status of the Business and its operation and will promptly provide to the Buyer or its representatives copies of all filings it
makes with any Governmental Authority during such period. Except as expressly contemplated by this Agreement, or as contemplated by <U>Schedule 5(c)</U>, without limiting the generality of the foregoing, during the period commencing on the date of
this Agreement and continuing to the Closing Date (or with respect to <U>Section&nbsp;5(c)(xii)</U>, continuing to the Hire Date or Late Hire Date, as applicable) or earlier termination of this Agreement, the Seller (A)&nbsp;will not, and will cause
its Affiliates not to, do any of the acts in <U>Section&nbsp;5(c)(xii)</U> with respect to the Business Employees, (B)&nbsp;will not and will cause its Affiliates not to do any of the acts in <U>Section&nbsp;5(c)(ii)</U>, and (C)&nbsp;will cause
each Company and Company Subsidiary and, to the extent it has the Legal Right, the Company Joint Venture Entities, not to (except as may be necessary or appropriate in case of force majeure or other emergency), without the consent of the Buyer
(which consent shall not be unreasonably withheld, conditioned or delayed), do any of the following: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) sell, lease or
otherwise dispose of any of its property or assets, other than sales of services in the Ordinary Course of Business and dispositions of obsolete, damaged or defective parts, supplies or inventory; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) conduct any of the Business through any Person other than the Subject Entities; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) acquire (including by merger, consolidation or acquisition of Equity Interest) any Person, make an investment in or a
loan to any Person (other than loans to employees in amounts not to exceed in the aggregate outstanding amount $10,000,000), or acquire (including making capital expenditures or leasing (other than leases of equipment made in the Ordinary Course of
Business cancelable by the Seller or the applicable Subject Entity upon 90 days&#146; or less prior notice without penalty)) any assets with an aggregate value in excess of $10,000,000; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) enter into any joint venture, partnership or similar arrangement; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) incur, issue, repay, redeem or repurchase any Indebtedness or capital leases or issue any debt securities or assume,
guarantee, endorse or otherwise as an accommodation become responsible for the obligations of any Person, or make any </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">36 </P>


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loans or advances, or delay or postpone beyond the applicable due date the payment of accounts payable or other liabilities other than (A)&nbsp;endorsements of checks for deposit,
(B)&nbsp;causing the issuance of letters of credit, performance bonds and similar Indebtedness not for borrowed money made in the Ordinary Course of Business consistent with past practice, and (C)&nbsp;capital lease Obligations that do not exceed
$10,000,000, individually or in the aggregate; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) cause or allow any part of the Business Assets or the Acquired Equity
Interests to become subject to an Encumbrance, except for Permitted Encumbrances and other Encumbrances identified in <U>Schedule 4(e)(i)</U>; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) issue, sell, pledge, dispose of, grant, encumber or authorize the issuance, sale, pledge, disposition, grant, repurchase,
redemption or encumbrance of any Equity Interest of any of the Subject Entities or any Commitments with respect to any Equity Interest of any of the Subject Entities or declare, set aside or make any distributions or dividends of cash, or make any
capital contributions, in respect of any such Equity Interest, except for distributions of cash by any Subject Entity in the Ordinary Course of Business to the holders of (and in proportion to their) Equity Interests in such Subject Entity; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(viii) enter into, amend (or waive any right under) in any material respect, or terminate before the expiration of the term
thereof, (A)&nbsp;any Business Contract (Scheduled) to which any Subject Entity is a party that is material to the business of such Subject Entity, other than to the extent any such contract terminates in accordance with its terms in the Ordinary
Course of Business, or (B)&nbsp;any other Business Contract that is material to the business of such Subject Entity, other than in the Ordinary Course of Business; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ix) allow any Permits to terminate or lapse other than expirations in accordance with their terms, in which case the Seller
shall (and, to the extent it has the Legal Right, shall cause the applicable Company Joint Venture Entity to) use its Commercially Reasonable Efforts to obtain an extension or replacement of such expired Permit if necessary for the Business; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(x) cancel or compromise any debt or claim, initiate or settle any action, litigation, complaint, rate filing or administrative
proceeding involving payment by any Subject Entity or to any Subject Entity, where the terms of all such settlements, cancellations, compromises or agreements are in excess of $10,000,000 in the aggregate or adversely impact the Acquired Equity
Interests, the Business Assets or the Business after such settlement or agreement; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xi) make any changes to any accounting
practices in any material respect that are inconsistent with the Combined Financial Statements, and, if applicable, the Supplemental Combined Financial Statements, with the exception of any changes in accounting methodologies that have already been
agreed upon by the relevant Subject Entity&#146;s Equity Interest holders, consistent with its Organizational Documents; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">37 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xii) with respect to Business Employees, except as permitted by
Section&nbsp;3.01 of the Transition Services Agreement or as may be required by applicable Law: (A)&nbsp;increase their annual level of base compensation, (B)&nbsp;grant any bonus, benefit or other direct or indirect incentive compensation,
(C)&nbsp;increase the coverage or benefits available, or reduce the employees&#146; allocable share of costs or premiums, under any Benefit Plan, (D)&nbsp;create any new severance pay, termination pay, vacation pay, company awards, salary
continuation for disability, sick leave, deferred compensation, or other employee bonus, policy, benefit, or arrangement or otherwise modify or amend or terminate any such bonus, policy, or Benefit Plan, (E)&nbsp;enter into or amend any employment,
compensation, severance, non-competition, or similar contract related to the Business Employees to which the Seller or any Subject Entity is a party; or (F)&nbsp;terminate, or hire new, Business Employees other than consistent with the Seller&#146;s
and its Affiliates&#146; past practices;<I> provided, however</I>, that the Seller and its Affiliates are permitted to take any action set forth in (A), (B)&nbsp;or (C), to the extent such action is in the Ordinary Course of Business with respect to
the Business and prior written notice is provided to the Buyer; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xiii) amend the Organizational Documents of any Subject
Entity; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xiv) utilize any Business Asset for any purpose other than in connection with the Business; and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xv) enter into any contract, agreement or commitment to do any of the foregoing. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(d) <U>Exclusivity</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) The Seller will not (and will cause each of its Affiliates and, to the extent it has the Legal Right, each Company Joint
Venture Entity not to) (and the Seller and its Affiliates will not permit any director, officer, agent or representative thereof to and the Seller, to the extent it has the Legal Right, will not permit any director, officer, agent or representative
of any Company Joint Venture Entity, to) (A)&nbsp;enter into any agreements, understandings or negotiations with, or solicit, initiate or encourage any inquiries, proposals or offers from, any Person other than the Buyer relating to any acquisition
or purchase (directly or indirectly, including through any lease, contract, equity sale (including a merger or other change of control) or otherwise) of the Business or any portion thereof (other than the types of dispositions covered by
<U>Section&nbsp;5(c)(i)</U> that do not require the Buyer&#146;s consent) or (B)&nbsp;participate in any discussions or negotiations regarding, furnish any data or information with respect to, assist or participate in, or facilitate in any other
manner any effort or attempt by any Person to do or seek any of the foregoing. The Seller will (and will cause each of its Affiliates and, to the extent it has the Legal Right, each Company Joint Venture Entity to) use Commercially Reasonable
Efforts to cause its financial advisors and other representatives not to do any of the foregoing. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">38 </P>


<p Style='page-break-before:always'>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Seller will promptly notify the Buyer if any Person makes any proposal,
offer, inquiry or contact with respect to any of the foregoing (whether by telephone, personal conversation, fax, email or otherwise) after the date of this Agreement until the Closing Date or earlier termination of this Agreement, and shall specify
in such notice the terms of any such proposal, offer, inquiry or contact. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) The Seller represents, warrants, and
covenants that, except as contemplated hereby, (A)&nbsp;there are no pending agreements or understandings with respect to the sale or exchange of the Business or any portions thereof (directly or indirectly) (other than sales of inventory or
immaterial portions of any Business Assets in the ordinary course), and (B)&nbsp;immediately upon the execution of this Agreement, all pending negotiations or discussions with any other Persons with respect thereto will be terminated. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(e) <U>Damage or Condemnation</U>. If, before Closing, any part of the Business Assets are damaged, lost or destroyed, or are condemned,
forfeited or seized, or if proceedings are filed for condemnation or under the right of eminent domain that results in damage, destruction or condemnation of property or properties resulting in an aggregate Damage Amount of (i)&nbsp;less than
$10,000,000, the Purchase Price shall not be reduced by such Damage Amount, the Parties shall be obligated to proceed with the Closing, and the Seller shall retain all property casualty insurance proceeds or condemnation proceeds relating to such
damage, destruction or condemnation, (ii)&nbsp;more than $10,000,000 but less than the Cap Amount, the Purchase Price shall be reduced by such Damage Amount in excess of $10,000,000, the Parties shall be obligated to proceed with the Closing, and
the Seller shall retain all property casualty insurance proceeds or condemnation proceeds relating to such damage, destruction or condemnation, or (iii)&nbsp;more than Cap Amount, the Buyer shall not be obligated to close the transactions
contemplated by this Agreement; <I>provided</I><I>,</I> that, in lieu of electing not to close the transactions contemplated by this Agreement, the Buyer may elect either (y)&nbsp;to offer to extend the date for Closing to allow the Seller the
opportunity (in the Seller&#146;s sole discretion) to repair or replace, or to cause the repair or replacement of, any such damaged or destroyed assets; or (z)&nbsp;to accept the Acquired Equity Interests, notwithstanding any such damage,
destruction, taking, or pending or threatened taking (without reduction of the Purchase Price therefor), in which case the Seller shall pay to the Buyer all property casualty insurance proceeds actually received in respect of such damage,
destruction or condemnation by the Seller or its Affiliates that are not required to be paid by any of them as a reimbursement to any property casualty insurance providers of the Seller or its Affiliates by reason of the damage, destruction, or
taking of such assets, to the extent such sums are not committed, used or applied by the Seller or its Affiliates prior to the Closing Date to repair, restore or replace such damaged or taken assets, and shall assign and transfer to the Buyer, or
subrogate the Buyer to, all of the right, title and interest of the Seller and its Affiliates in and to any such unpaid awards or other payments arising out of the damage, destruction, condemnation, or pending or threatened condemnation that are
actually received by the Seller or any of its Affiliates and that are not required to be paid by any of them as a reimbursement to any property casualty insurance providers of the Seller and its Affiliates. If any such payments required by this
<U>Section&nbsp;5(e)</U> to be paid to the Buyer are not assignable, the Seller will collect such payments at the Buyer&#146;s expense and remit all such amounts, less any related expenses, to the Buyer as such are collected. Prior to the Closing,
the Seller shall not compromise, settle or adjust any amounts payable to the Buyer under clause (z)&nbsp;above, without first obtaining the written consent of the Buyer, which consent shall not be unreasonably withheld, conditioned or delayed. The
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">39 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
Buyer&#146;s election under this <U>Section&nbsp;5(e)</U> shall expire 20 Business Days after the date on which the Buyer receives written notice from the Seller describing in reasonable detail
the nature and amount of such damage, destruction or proposed condemnation. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(f) <U>Access</U>. With reasonable prior notice and subject
to any applicable Law, any applicable privileges (including the attorney-client privilege), trade secrets, and contractual confidentiality obligations, the Seller shall permit and will cause each other Seller Party, each Company and Company
Subsidiary and, to the extent it has the Legal Right, each Company Joint Venture Entity, to permit, representatives of the Buyer to have reasonable access, during normal business hours, and in a manner so as not to interfere with the normal business
operations of the Seller, the Subject Entities and its and their Affiliates, to all premises, properties, designated executive officers and personnel, books, records (including Tax Records), contracts and documents of or pertaining to the Business
or the Subject Entities. Buyer shall have the right to generally conduct visual, non-invasive tests, examinations, and investigations of the Business Assets, including those assessments necessary to determine the presence of environmental conditions
or compliance with Environmental Requirements. No sampling or other invasive inspections of the Business Assets may be conducted without the Seller&#146;s prior written consent, which shall not be unreasonably withheld. The Buyer agrees to comply
fully with all rules, regulations and instructions issued by the Seller, the Subject Entities and its and their Affiliates or other Persons in respect of Buyer&#146;s or its representatives&#146; actions while upon, entering or leaving any
properties of the Seller or any of the Subject Entities. The Buyer acknowledges and agrees that any information received in connection with this <U>Section&nbsp;5(f)</U> will be subject to the terms and conditions of the Confidentiality Agreement.
The Buyer hereby agrees that it shall be liable for any and all Losses attributable to personal injury, death or physical or other property damage, or violation of the Seller&#146;s or its Affiliate&#146;s or any third Person operator&#146;s rules,
regulations or operating policies of which the Buyer or its representatives associated with the Loss had been informed in writing, arising out of, resulting from or relating to any field visit, environmental property assessment, sampling, boring,
drilling or other invasive investigation activities or other due diligence activity conducted by the Buyer or any of its representatives with respect to any of the Subject Entities and the Business, <SMALL>EVEN</SMALL> <SMALL>IF</SMALL>
<SMALL>SUCH</SMALL> L<SMALL>OSSES</SMALL> <SMALL>ARISE</SMALL> <SMALL>OUT</SMALL> <SMALL>OF</SMALL> <SMALL>OR</SMALL> <SMALL>RESULT</SMALL> <SMALL>FROM</SMALL>, <SMALL>SOLELY</SMALL> <SMALL>OR</SMALL> <SMALL>IN</SMALL> <SMALL>PART</SMALL>,
<SMALL>THE</SMALL> <SMALL>SOLE</SMALL>, <SMALL>ACTIVE</SMALL>, <SMALL>PASSIVE</SMALL> <SMALL>CONCURRENT</SMALL> <SMALL>OR</SMALL> <SMALL>COMPARATIVE</SMALL> <SMALL>NEGLIGENCE</SMALL>, <SMALL>STRICT</SMALL> <SMALL>LIABILITY</SMALL> <SMALL>OR</SMALL>
<SMALL>OTHER</SMALL> <SMALL>FAULT</SMALL> <SMALL>OR</SMALL> <SMALL>VIOLATION</SMALL> <SMALL>OF</SMALL> <SMALL>LAW</SMALL> <SMALL>OF</SMALL> <SMALL>OR</SMALL> <SMALL>BY</SMALL> <SMALL>ANY</SMALL> S<SMALL>ELLER</SMALL> I<SMALL>NDEMNITEES</SMALL>,
<SMALL>EXCEPTING</SMALL> <SMALL>ONLY</SMALL> L<SMALL>OSSES</SMALL> <SMALL>ACTUALLY</SMALL> <SMALL>RESULTING</SMALL> <SMALL>ON</SMALL> <SMALL>THE</SMALL> <SMALL>ACCOUNT</SMALL> <SMALL>OF</SMALL> <SMALL>BREACH</SMALL> <SMALL>OF</SMALL>
<SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>, <SMALL>GROSS</SMALL> <SMALL>NEGLIGENCE</SMALL> <SMALL>OR</SMALL> <SMALL>WILLFUL</SMALL> <SMALL>MISCONDUCT</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> S<SMALL>ELLER</SMALL> I<SMALL>NDEMNITEES</SMALL>
(collectively, &#147;<B><I>Investigation Losses</I></B>&#148;). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(g) <U>Periodic Financial and Operating Information</U>. The Seller shall
deliver periodic financial and operating information pertaining to significant Business Assets and Company Joint Venture Entities, to the extent prepared by, or, in the case of clause (iv)&nbsp;of this <U>Section&nbsp;5(g)</U>, received by, the
Seller in the Ordinary Course of Business consistent with past practices and available on or before the Closing Date. This information shall consist of: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Monthly gross operating margin reports for each significant Business Asset for each month subsequent to May 2015 up to, but
not including, the month the Closing Date occurs in. The monthly gross operating margin reports shall be in the same basic format as that routinely prepared and reviewed by the Seller and will include, to the extent presented in the routine reports,
volumetric information, revenues, variable costs, fixed costs, gross operating margin and other amounts consistent with the Seller&#146;s historical practice. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">40 </P>


<p Style='page-break-before:always'>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) Monthly financial statements for Cameron Highway Oil Pipeline Company,
Deepwater Gateway, L.L.C., Independence Hub, LLC, Poseidon and Southeast Keathley Canyon Pipeline Company, L.L.C. The monthly financial statements shall be prepared in accordance with GAAP, in the absence of footnotes, with the format and content
being consistent with the Seller&#146;s historical practice. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) Daily operations summary reports relating to the
significant Business Assets in the same basic format as that historically prepared and reviewed by the Seller. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv)
Monthly financial statements for Neptune Pipeline Company, L.L.C., if the Seller or its Affiliates receive such financial statements. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(h)
<U>Insurance</U>. The Seller shall cause the Insurance Policies to remain in full force and effect or to be renewed and maintained in full force and effect through (but not after) the Closing Date, unless otherwise agreed by the Buyer and the
Seller. The Seller shall not take any action to release any insurer with respect to any claim made under any such insurance policy before the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(i) <U>Termination of Certain Associate Contracts</U>. Prior to the Closing, unless otherwise agreed by the Buyer, the Seller shall terminate
or cause the termination of each Business Contract listed on <U>Schedule 5(i)</U>. Such termination shall be at no cost or expense to the Buyer, the Business, the Acquired Equity Interests, the Subject Entities or the Business Assets. All accounts
receivable and accounts payable related thereto shall be forgiven or paid at the Closing. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(j) <U>Business Employees</U>. The Parties
hereby agree that: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) <U>Access</U>. On or as soon as reasonably practical after the execution of this Agreement, the
Seller shall (a)&nbsp;notify the Business Employees of the execution of this Agreement, (b)&nbsp;provide the Buyer reasonable access to the Business Employees at the Seller&#146;s offices for the purposes of discussing employment with the Buyer,
distributing the Buyer&#146;s employment application forms, and arranging for the Buyer&#146;s standard pre-employment screening and testing procedures to be scheduled. The Buyer shall complete its procedures under this <U>Section&nbsp;5(j)(i)</U>
no later than the seven days prior to the end of the Continuation Period. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) <U>Employment</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(A) Subject to the further provisions of this <U>Section&nbsp;5(j)</U>, the Buyer shall make offers of employment to the
Business Employees as follows: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:17%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(1) no later than the Closing Date, the Buyer shall make offers of employment to each
Business Employee, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">41 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:17%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(2) with respect to a Business Employee who has received an offer of employment
pursuant to subparagraph (1)&nbsp;above and is a Business Employee on Leave on his or her scheduled Hire Date (as defined herein), the Buyer&#146;s offer of employment shall not become effective unless and until such Business Employee on Leave
satisfies the Buyer&#146;s standard &#147;return to work procedure&#148; within six months of the end of the Continuation Period (unless applicable Law requires a longer period), </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:17%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(3) with respect to a Business Employee on Leave on the date offers of employment are given by the Buyer as provided in
subparagraph (1)&nbsp;above who returns to work with the Seller or its Affiliates prior to the end of the Continuation Period, such Business Employee on Leave shall receive an offer of employment within three Business Days following the date of such
return and in all events, prior to the end of the Continuation Period, </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:17%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(4) with respect to a Business Employee on Leave
on the date offers of employment are given by the Buyer as provided in subparagraph (1)&nbsp;above who does not return to work with the Seller or its Affiliates prior to the end of the Continuation Period, such Business Employee on Leave shall not
receive an offer of employment on that date, and will not receive an offer unless and until such Business Employee on Leave satisfies the Buyer&#146;s standard &#147;return to work procedures&#148; within six months of the end of the Continuation
Period (unless applicable Law requires a longer period), </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:17%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(5) each offer of employment made by the Buyer to a Business
Employee or Business Employee on Leave as provided above shall be conditioned upon such Business Employee or Business Employee on Leave satisfactorily passing the Buyer&#146;s standard pre-employment screening and testing procedures and remaining
employed with the Seller until such individual&#146;s Hire Date or Late Hire Date (as defined herein), as applicable, and </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:17%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(6) a Buyer offer of employment must be accepted within seven days following the date the offer is made or will expire
automatically after seven days unless earlier rejected and the Buyer shall give written notice to the Seller at least seven days prior to the Hire Date or Late Hire Date of each Business Employee who has accepted the Buyer&#146;s offer of
employment. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(B) A Buyer offer of employment, if timely accepted in accordance with its terms, shall be effective at 12:01
a.m. local time (i.e., where the Business Employee or Business Employee on Leave performs his or her duties), on the date immediately following the termination of the Continuation Period (the &#147;<B><I>Hire Date</I></B>&#148;), except that an
offer of employment made with respect to a Business Employee on Leave shall be effective on the date immediately following the date </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">42 </P>


<p Style='page-break-before:always'>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">
the Business Employee on Leave satisfies the Buyer&#146;s standard &#147;return to work procedures&#148; (his or her &#147;<B><I>Late Hire Date</I></B>&#148;). A Business Employee or Business
Employee on Leave who receives and timely accepts an offer of employment with the Buyer in accordance with its terms must commence active employment with the Buyer on his or her Hire Date or Late Hire Date, as applicable, to become a
&#147;<B><I>Buyer Employee</I></B>&#148;. Notwithstanding anything in this Agreement to the contrary, in no event shall a Buyer offer of employment become effective prior to the end of the Continuation Period. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(C) The Buyer&#146;s offers of employment may be made in any form acceptable to the Buyer, including without limitation, the
form of individual letters or in one or more general memos, as the Buyer determines with respect to the Business Employee(s) or Business Employee(s) on Leave receiving a Buyer offer of employment. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(D) The Seller and its Affiliates will not, directly or indirectly, (i)&nbsp;interfere with the Buyer&#146;s access to a
Business Employee or Business Employee on Leave or any offer of employment to a Business Employee or Business Employee on Leave, or (ii)&nbsp;recommend or suggest that any Business Employee or Business Employee on Leave decline the Buyer&#146;s
offer of employment. The Seller shall cooperate with the Buyer in its efforts to conduct its standard pre-employment background checks and other standard screening procedures and to communicate its offers of employment. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(E) Each Buyer Employee&#146;s employment with the Buyer and its Affiliates shall be &#147;employment at will&#148; and
nothing in this Agreement, in any offer or otherwise shall obligate the Buyer or its Affiliates to continue the employment of any Buyer Employee for any period of time or otherwise limit the Buyer&#146;s or its Affiliates&#146; rights to at any time
(i)&nbsp;establish or modify the terms and conditions of the employment of any Buyer Employee or (ii)&nbsp;terminate the employment of any Buyer Employee for any reason or for no reason. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) <U>Employment Terms</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(A) The Buyer shall (i)&nbsp;provide each Buyer Employee, on his or her Hire Date or Late Hire Date, if applicable, with a
base salary or base wage not less than his or her base salary or base wage with the Seller or its Affiliates prior to his or her Hire Date or Late Hire Date, if applicable, and (ii)&nbsp;make available to each Buyer Employee such Benefit Plans that
the Buyer and or its employing Affiliates makes available to its substantially similarly-situated employees (each, a &#147;<B><I>Buyer Benefit Plan</I></B>&#148;). </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(B) To the extent permitted by applicable Law, as of the Hire Date or Late Hire Date, as applicable, the Buyer shall cause
each applicable Buyer Benefit Plan to credit for all purposes, including, without limitation, eligibility, vesting and benefit levels (other than benefit accrual under a defined benefit plan), the service
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">43 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:13%; font-size:10pt; font-family:Times New Roman">
of each Buyer Employee that is credited with the Seller and its Affiliates immediately prior to his or her Hire Date or Late Hire Date, but only to the same extent that such service is properly
recognized under an analogous Seller Benefit Plan (as defined herein) immediately prior to such individual&#146;s Hire Date or Late Hire Date, as applicable; provided, however, any such prior service that would result in a duplication of benefits
for the same credited period may be excluded by the Buyer. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(C) The Buyer shall use commercially reasonable efforts to
cause (i)&nbsp;each Buyer Employee to be eligible to participate in such applicable Buyer Benefit Plans on his or her Hire Date or Late Hire Date, without any waiting time, and (ii)&nbsp;for purposes of participating in any Buyer Benefit Plan made
available to the Buyer Employee that provides medical, dental, pharmaceutical and/or vision benefits, (x)&nbsp;all pre-existing condition exclusions of such Buyer Benefit Plan shall be waived for such Buyer Employee and his or her eligible
dependents, unless and to the extent the Buyer Employee was subject to such conditions under an analogous Seller Benefit Plan that such Buyer Employee was otherwise eligible to participate in immediately prior to his or her Hire Date or Late Hire
Date, and (y)&nbsp;credit shall be given for all co-payments, deductibles, out-of-pocket costs and similar expenses paid by the Buyer Employee pursuant to an analogous Seller Benefit Plan during the plan year of such Buyer Benefit Plan in which the
Hire Date or Late Hire Date occurs. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(D) The Seller shall promptly provide the Buyer with all data and information
reasonably requested by the Buyer to provide Buyer Employees with the base salary or base wage required by <U>Section&nbsp;5(j)(iii)(A)</U> and to provide Buyer Employees and their dependents and beneficiaries with the service credit and benefits
required by <U>Sections 5(j)(iii)(B)</U> and <U>(C)</U>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) <U>Business Employees on Leave</U>. Except as expressly set
forth herein with respect to the Buyer&#146;s offers of employment, the Seller shall retain and have the sole obligation, liability, and responsibility with respect to all Business Employees on Leave while on such leave. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) <U>No Assumption of Plans or Liabilities</U>. Neither the Buyer nor any of its Affiliates is adopting or assuming, pursuant
to this Agreement or otherwise, (i)&nbsp;any Benefit Plan which is sponsored, maintained, contributed to or required to be contributed to by any of the Seller or its Affiliates or with respect to which the Seller or its Affiliates has or could have
any liability (&#147;<B><I>Seller Benefit Plan</I></B>&#148;) or any liability or obligation to any Seller Benefit Plan, or (ii)&nbsp;any Seller Employee Liability. For purposes of this <U>Section&nbsp;5(j)(v)</U>, &#147;<B><I>Seller Employee
Liability</I></B>&#148; means any and all liabilities, costs, expenses, claims, losses, damages and obligations, whether current, future, contingent, secondary, joint and several, statutory, contractual, or otherwise of any member of the Seller
Group to any current or former member of the Seller Group&#146;s employment or engagement of any present or former employee, director, consultant, independent contractor or other service provider of any current or former member of the Seller Group
that is based upon, related to or arising with respect to such individual&#146;s service or termination of service with a member of the Seller Group. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">44 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) <U>Workers&#146; Compensation</U>. Except to the extent fully-covered
pursuant to any insurance policy maintained by the Seller or its Affiliates at such time, all workers&#146; compensation liabilities relating to, arising out of, or resulting from any claim made by a Buyer Employee that results from or is based upon
an accident, incident or event occurring, or occupational disease that begins, on or after the Buyer Employee&#146;s Hire Date or Late Hire Date, shall be the liability or obligation of the Buyer or an Affiliate of the Buyer, as applicable. All
other workers&#146; compensation liabilities to, or claims made by, any employee or former employee (including any Buyer Employee) of the Seller with respect to employment with the Seller, shall be the liability or obligation of the Seller. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) <U>COBRA</U>. The Buyer shall have the sole responsibility and liability for &#147;continuation coverage&#148; to any
Buyer Employee and his or her &#147;qualified beneficiaries&#148; for whom a &#147;qualifying event&#148; occurs on or after the Hire Date or Late Hire Date, as applicable, with respect to a Buyer Benefit Plan. The Seller and its Affiliates shall
have the sole responsibility and liability for &#147;continuation coverage&#148; to its employees and all other former employees of the Seller and their &#147;qualified beneficiaries&#148; with respect to a Seller Benefit Plan that is not the
obligation of the Buyer as provided above, including any Buyer Employee and his or her &#147;qualified beneficiaries&#148; for whom a &#147;qualifying event&#148; occurs prior to the Hire Date or Late Hire Date, as applicable. The terms
&#147;continuation coverage&#148;, &#147;qualified beneficiaries&#148;, and &#147;qualifying event&#148; shall have the meanings ascribed to them under Section&nbsp;4980B of the Code. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(viii) <U>WARN Act</U>. The Seller shall assume all obligations and liabilities for the provision of notice or payment in lieu
of notice or any applicable penalties arising under the WARN Act relating to any acts or omissions of the Seller and its Affiliates occurring prior to the Hire Date with respect to all employees of the Seller and its Affiliates, including without
limitation the Business Employees. The Seller shall assume all obligations and liabilities for the provision of notice or payment in lieu of notice or any applicable penalties arising under the WARN Act relating to any acts or omissions of the
Seller and its Affiliates occurring on and after the Hire Date with respect to all employees of the Seller and its Affiliates. The Buyer shall assume all obligations and liabilities for the provision of notice or payment in lieu of notice or any
applicable penalties arising under the WARN Act relating to any acts or omissions of the Buyer and its Affiliates occurring on or after the Hire Date with respect to the Buyer Employees. The Parties agree and acknowledge that on and after the Hire
Date, the Buyer Employees are employees of the Buyer and its Affiliates and not employees of the Seller and its Affiliates. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">45 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ix) <U>EPCO Plans</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(A) Effective as of each Buyer Employee&#146;s Hire Date or Late Hire Date, if applicable, the Seller shall cause each Buyer
Employee who is a participant in the EPCO Plans on his or her Hire Date or Late Hire Date, if applicable, to be 100% vested in all of his or her account(s) under the EPCO Plans. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(B) The Seller shall cause all employer and participant contributions accrued and due a Buyer Employee under the EPCO Plans
with respect to his or her service through his or her Hire Date or Late Hire Date, as applicable, to be contributed to the EPCO Plans as soon as reasonably practical after his or her Hire Date or Late Hire Date, if applicable. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:13%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(C) With respect to each Buyer Employee who elects to make a direct rollover contribution of his or her vested account
balance(s) under the EPCO Plans to the Buyer&#146;s 401(k) Plan, the Buyer shall cause the Buyer&#146;s 401(k) Plan to accept such direct rollover(s) in cash and, if applicable, promissory notes for any non-defaulted loans under the EPCO Plans. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(x) <U>Involuntary Termination</U>. Notwithstanding anything in this <U>Section&nbsp;5(j)</U> to the contrary, the Buyer shall
provide or cause to be provided to each Buyer Employee whose employment with the Buyer or its Affiliates terminates pursuant to an Involuntary Termination during the six-month period following the Closing Date severance pay and benefits that are no
less in amount than the greatest of (i)&nbsp;the severance pay and benefits set forth on <U>Schedule&nbsp;5(j)(x)</U>, (ii)&nbsp;the severance pay and benefits under the severance plan, program, policy or arrangement, if any, made available to
similarly situated employees of the Buyer and its Affiliates, and (iii)&nbsp;any contractual, statutory or common law severance pay and benefits required to be provided under applicable Law. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xi) <U>No Solicitation</U>. Except as otherwise expressly permitted pursuant to this <U>Section&nbsp;5(j)</U>, for one year
following the Closing Date, each of the Buyer and the Seller agrees not to (and shall use its best efforts to cause its Affiliates not to) solicit, hire, offer employment to or employ any employee of the other Party (or any of its Affiliates)
without the prior written consent of the Buyer or the Seller, as applicable; provided, however, that the foregoing shall not prohibit general solicitations of employment not specifically directed toward such employees or the hiring of such employees
in response thereto, nor the hiring, employment or engagement of any such employee who presents himself or herself for employment without any direct or indirect prior solicitation of such individual by the applicable Party or any of its Affiliates.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xii) <U>Benefit Plans</U>. The Buyer and the Seller acknowledge and agree that all provisions contained in this
<U>Section&nbsp;5(j)</U> are solely included for the benefit of the Buyer and the Seller, and that nothing in this <U>Section&nbsp;5(j)</U>, whether express or implied, shall be treated or construed as the adoption, establishment, amendment,
modification or termination of any Benefit Plan or any other employee benefit plan, agreement, policy or other arrangement or shall create any third party beneficiary or any other rights in </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">46 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman">
any other Person, including any Business Employees, any former Business Employees, any Buyer Employees, any participant in any Benefit Plan, or any dependent or beneficiary of any of the
foregoing. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(k) <U>Supplemental Combined Financial Statements</U>. As promptly as practical after the receipt of written notice from the
Buyer, the Seller agrees to prepare (i)&nbsp;the Supplemental Combined Financial Statements in accordance with (A)&nbsp;GAAP applied on a consistent basis (except as may be indicated in the notes thereto) and reflect, in all material respects, the
combined historical financial condition and results of operations, cash flows and owners&#146; equity of the Business, at the dates and for the periods indicated therein (subject to normal year-end audit adjustments) and (B)&nbsp;the timeframe
specified in the Reimbursement Agreement, if applicable, and (ii)&nbsp;as promptly as practical any other financial information relating to the Business required to be filed with or furnished to the SEC by the Buyer. The Buyer shall reimburse the
Seller for the Seller&#146;s reasonable out-of-pocket expenses incurred in connection with the Seller&#146;s preparation of such financial information required to be filed with or furnished to the SEC by the Buyer pursuant to clause (ii)&nbsp;of
this <U>Section 5(k)</U>. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(l) <U>Notifications; Amendment of Schedules</U>. Each Party agrees to promptly notify the other Party if such
Party obtains Knowledge that any representation or warranty of the other Party is, or will be, untrue on or before the Closing Date. Each Party further agrees that, with respect to the representations and warranties of such Party contained in
<U>Articles&nbsp;3</U> and <U>4</U> of this Agreement, as applicable, such Party shall have the continuing obligation until the Closing to correct, supplement, or amend promptly the Schedules with respect to any matter hereafter arising or
discovered which, if existing or known at the date of this Agreement, would have been required to be set forth or described in the Schedules. Any such correction, supplement, or amendment shall be delivered to the other Party as soon as reasonably
practical, but no later than three Business Days after discovery and Knowledge of the Party, but in any event, prior to the Closing Date. If any such correction, supplement or amendment would constitute a breach of the disclosing Party&#146;s
representations and warranties hereunder and such breach would reasonably be expected to result in a Seller Adverse Effect (if the disclosing Party is the Seller) or a Buyer Adverse Effect (if the disclosing Party is the Buyer), then the receiving
Party may terminate this Agreement by delivering a written notice of termination to the disclosing Party within ten days of the earlier of (i)&nbsp;such notification under the first sentence hereof or (ii)&nbsp;receipt of such correction, supplement
or amendment (which termination notice shall specify the representation or warranty breached, identify the specific facts in the correction, supplement or amendment that constitute the breach and describe the Seller Adverse Effect or Buyer Adverse
Effect, as applicable). For all purposes of this Agreement, including for purposes of determining whether the conditions set forth in <U>Article 7</U> have been fulfilled, the Schedules shall be deemed to include only that information contained
therein on the date of this Agreement and shall be deemed to exclude all information contained in any such correction, supplement, or amendment thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(m) <U>Buyer Preferential Rights</U>. To the extent the transactions contemplated hereby require consent by the Buyer and/or its Affiliates
under the Organizational Documents of Cameron Highway Oil Pipeline Company and Southeast Keathley Canyon Pipeline Company, L.L.C., the Buyer, on behalf of its Affiliates which own Equity Interests in Cameron Highway Oil Pipeline Company and
Southeast Keathley Canyon Pipeline Company, L.L.C., does hereby consent to such transactions and waives all Buyer Preferential Rights with respect to such Equity Interests, solely in connection with such transactions, but not otherwise. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">47 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(n) <U>Indebtedness and Release of Liens and Encumbrances</U>. Except with respect to the
Indebtedness under the Poseidon Loan Documents and the Poseidon Liens, the Seller shall use Commercially Reasonable Efforts, as soon as reasonably practical but no later than the Closing Date, to (i)&nbsp;repay in full and discharge any Indebtedness
and obtain a release of any and all guarantees, bonds, or other financing support previously executed in connection with any Indebtedness, (ii)&nbsp;pay and discharge all Non-Current Liabilities and (iii)&nbsp;obtain a release of all Encumbrances
identified in <U>Schedule 4(e)(i)</U>; in each case, without any post-Closing liability or expense to the Buyer, Acquired Equity Interests, Subject Entities, Business Assets or Business and shall provide proof of such releases and payment in full in
a form reasonably acceptable to the Buyer at the Closing, subject to the provisions of <U>Article 9</U>. Except with respect to the Poseidon Liens, prior to or contemporaneously with the Closing, the Seller shall obtain releases of any other
Encumbrances on the Business Assets and Acquired Equity Interests except for Permitted Encumbrances; in each case, without any post-Closing liability or expense to the Buyer, Acquired Equity Interests, Subject Entities, Business Assets or Business
and shall provide proof of such releases and payment in full in a form reasonably acceptable to the Buyer at the Closing, subject to the provisions of <U>Article 9</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(o) <U>Financing Cooperation</U>. Prior to the Closing, the Seller shall use (and cause its Affiliates to use and shall use Commercially
Reasonable Efforts to cause its and their officers, agents or representatives thereof to use) Commercially Reasonable Efforts to provide certain assistance to the Buyer in connection with the arrangement of one or more Financings, including the
following: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) furnishing the Buyer, as promptly as reasonably practicable, with assistance or information as may be
reasonably requested by the Buyer or the Financing Source to consummate any Financing, including (A)&nbsp;the Combined Financial Statements and (B)&nbsp;other material financial and operating information regarding the Business, the Business Assets
and the Subject Entities (with respect to the Company Joint Venture Entities, to the extent Seller has Legal Right to such information) that has been prepared and is in the possession of the Seller; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) furnishing the Buyer, as promptly as reasonably practicable, with information as may be reasonably requested by the Buyer
or the Financing Source in connection with the preparation of marketing materials for any Financing; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) cooperating
reasonably with any Financing Source&#146;s due diligence, to the extent customary and reasonable, in connection with any Financing; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) obtaining customary comfort letters of independent accountants (including &#147;negative assurance&#148; comfort) as
reasonably requested by the Buyer as necessary and customary for financings similar to such Financing; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) obtaining
any required consents of the Seller&#146;s and the Company Joint Venture Entities&#146; independent accountants relating to any Financing. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">48 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Notwithstanding the foregoing, the Seller&#146;s assistance and cooperation shall not include any
certifications by the Seller or its Affiliates to any Financing Source or the preparation by the Seller of any material reports not in the Seller&#146;s possession or not customarily prepared by the Seller regarding Business information. The Buyer
shall provide the Seller with reasonable advance notice of any actions required to be taken by the Seller or its Affiliates in connection with the Buyer&#146;s arrangement of one or more Financings, and the Seller and its Affiliates shall only be
obligated to perform any such actions during normal business hours. The Buyer shall promptly reimburse the Seller and its Affiliates for all reasonable and documented costs and expenses, including any auditor and attorneys&#146; fees and expenses,
incurred by the Seller or its Affiliates to perform their respective obligations pursuant to the foregoing. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(p) <U>FCC Licenses</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) The Seller and the Buyer and their respective Affiliates shall, as promptly as practicable following the date of this
Agreement, use Commercially Reasonable Efforts to (x)&nbsp;file with the FCC applications seeking FCC consent to the assignment of the FCC Licenses listed on Schedule 4(l) to the Buyer, and (y)&nbsp;coordinate the cancellation of the Ship Licenses
listed on Schedule 4(l). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Parties shall (x)&nbsp;promptly furnish each other with copies of any notices,
correspondence or other written communication from the FCC, (y)&nbsp;promptly make any appropriate or necessary subsequent or supplemental filings, and (z)&nbsp;cooperate in the preparation of such filings as is reasonably necessary and appropriate.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) To the extent that the Buyer does not have the required FCC authority/approval to use any FCC License at Closing,
the Seller shall authorize such use by the Buyer, subject to the Seller&#146;s ultimate ownership and control, under the Transition Services Agreement until the Buyer obtains the required FCC authorization/approval. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) The Buyer shall pay all FCC filing fees associated with the FCC applications. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">6. <U>Post-Closing Covenants</U>. The Parties agree as follows: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a) <U>General</U>. In case at any time after the Closing any further action is necessary to carry out the purposes of this Agreement, each of
the Parties shall take such further action (including the execution and delivery of such further instruments and documents) as the other Party reasonably may request, all at the sole cost and expense of the requesting Party (unless the requesting
Party is entitled to indemnification therefor under <U>Article&nbsp;8</U>). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b) <U>Post-Closing Financial Reporting Matters</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) For a period of 75 days after Closing, the Seller agrees to provide, as soon as practical, any routine and customary
information relating to the Business that is </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">49 </P>


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required to be filed with the SEC by the Buyer in connection with the sale of the Business pursuant to applicable securities Laws. This information is in addition to the Combined Financial
Statements and Supplemental Combined Financial Statements, but does not contemplate the types of information described below in <U>Sections 6(b)(ii)</U> or <U>6(b)(iii)</U> or the preparation of any SEC filings or writing of any SEC required
disclosures for the Buyer. The Buyer shall reimburse the Seller for the Seller&#146;s reasonable out-of-pocket expenses incurred in connection with the Seller&#146;s preparation of such additional information required to be filed with or furnished
to the SEC by the Buyer. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) If requested by the Buyer, the Seller agrees to prepare, as soon as practical, unaudited
combined financial statements for the nine months ended September&nbsp;30,&nbsp;2014 consisting of (A)&nbsp;an unaudited balance sheet as of September&nbsp;30,&nbsp;2014 and (B)&nbsp;unaudited statements of operations, cash flows and owners&#146;
equity for the nine months ended September&nbsp;30,&nbsp;2014. These interim statements will be prepared on the same basis as that of the Supplemental Combined Financial Statements, but will not include footnotes. The Buyer will be responsible for
any fees attributable to a review or audit of the combined financial statements described in this <U>Section&nbsp;6(b)(ii)</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) If the Buyer requests that the Seller prepare additional combined financial statements beyond the Combined Financial
Statements, the Supplemental Combined Financial Statements or those provided for in <U>Section&nbsp;6(b)(ii)</U>, then the internal and external costs of preparing such additional combined financial statements, including those costs related to
independent auditors, will be the responsibility of the Buyer. The Seller will review such request when made to determine feasibility and, if applicable, any preparation timelines. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) Nothing in this <U>Section&nbsp;6(b)</U> is intended to duplicate customary and routine accounting tasks to the extent
such tasks are to be performed by the Seller or its Affiliates under the Transition Services Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c) <U>Litigation Support</U>. In
the event and for so long as any Party actively is contesting or defending against any action, suit, proceeding, hearing, investigation, charge, complaint, claim or demand in connection with (i)&nbsp;any transaction contemplated under this Agreement
or (ii)&nbsp;any fact, situation, circumstance, status, condition, activity, practice, plan, occurrence, event, incident, action, failure to act or transaction on or before the Closing Date involving the Subject Entities or the Business, the other
Party shall cooperate with the contesting or defending Party and its counsel in the defense or contest, make available its personnel, and provide such testimony and access to its books and records (other than books and records which are subject to
privilege or to confidentiality restrictions) as shall be necessary in connection with the defense or contest, all at the sole cost and expense of the contesting or defending Party (unless the contesting or defending Party is entitled to
indemnification therefor under <U>Article 8</U>). </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">50 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(d) <U>Delivery and Retention of Records</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) To the extent it has the Legal Right, as soon as reasonably practical, but not later than 180 days after the Closing Date
(the &#147;<B><I>Books and Records Delivery Date</I></B>&#148;), the Seller shall deliver or cause to be delivered to the Buyer, copies of Tax Records that are relevant to Post-Closing Tax Periods and all other files, books, records, information and
data relating solely to the Business (other than Tax Records), including with respect to (w)&nbsp;copies of employment records, (x)&nbsp;rights of way, easements, servitudes and other land rights and Permits, (y)&nbsp;engineering, maintenance and
construction records, and (z)&nbsp;written copies of tangible embodiments of Intellectual Property exclusively relating to the Business, in each case that are in the possession or control of the Seller or its Affiliates and that are not Excluded
Assets; <I>provided</I> that such access shall not be construed to require the disclosure of records that would cause the waiver of any attorney-client, work product or like privilege; <I>provided</I>, <I>further</I>, that in the event of any
litigation nothing herein shall limit any Party&#146;s rights of discovery under applicable Law. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) With respect to
files, books, records, information and data that relate to both the Business and the Excluded Assets or to other assets, Obligations, relationships and activities of the Seller and its Affiliates and that are not Excluded Assets (the
&#147;<B><I>Combined Books and Records</I></B>&#148;), before the Books and Records Delivery Date (a)&nbsp;the Parties shall use Commercially Reasonable Efforts to divide such Combined Books and Records into those in any way related to or necessary
for the Business and those that are unrelated to the Business, as appropriate, and the Seller shall deliver to the Buyer that portion of the divided Combined Books and Records in any way related to or necessary for the Business or that portion of
the undivided Combined Books and Records the Parties have agreed that the Buyer shall maintain, and (b)&nbsp;to the extent such Combined Books and Records are not so divided, each Party shall each keep and maintain copies of such Combined Books and
Records as reasonably appropriate under the circumstances. Following the Closing Date, with reasonable prior notice and subject to any applicable Law, any applicable privileges (including the attorney-client privilege), trade secrets and contractual
confidentiality obligations, each Party shall provide the other Party and its Affiliates and their respective counsel, auditors, accountants, agents, advisors or other representatives reasonable access to (during normal business hours and in a
manner so as not to interfere with the normal business operations of such Party and its Affiliates) and permission to make and retain copies of any books, records or accounts in any way primarily relating to or necessary for the Business (in the
case of the Buyer and its Affiliates) or the Excluded Assets or to other assets, Obligations, relationships and activities of the Seller or its Affiliates (in the case of the Seller and its Affiliates). Neither Party shall destroy or dispose of any
such books, records and accounts during such period without first giving reasonable prior notice thereof and offering to surrender to the other Party such books, records and accounts. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) For a period of seven years following the Closing Date, with reasonable prior notice and subject to any applicable Law,
any applicable privileges (including the attorney-client privilege), trade secrets, and contractual confidentiality obligations, the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">51 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman">
Buyer shall use Commercially Reasonable Efforts to provide to the Seller and its Affiliates and their respective counsel, auditors, accountants, agents, advisors or other representatives
reasonable access to (during normal business hours and in a manner so as not to interfere with the normal business operations of the Buyer, the Subject Entities, and its and their Affiliates) and permission to make and retain copies of any books,
records or accounts relating to the Companies or the Company Subsidiaries and, to the extent it has the Legal Right, the Company Joint Venture Entities, through and including the Closing Date. The Buyer shall not destroy or dispose of any such
books, records and accounts during such period without first giving reasonable prior notice thereof and offering to surrender to the Seller such books, records and accounts. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) Upon reasonable request, the Seller shall use Commercially Reasonable efforts to provide the Buyer and its representatives
(including its accountants) access during the Seller&#146;s business hours to all books, records and other information with respect to and cooperate with and assist the Buyer with the preparation of financial, Tax and other information or data
reasonably required for compliance by the Buyer with any Tax or other reporting or internal control requirements of any stock exchange or securities Law or other Governmental Authority (including the SEC and the Federal Energy Regulatory Commission)
or Company Joint Venture Entity under any Law applicable to the Subject Entities, the Business or the Business Assets or the Organizational Documents of such Company Joint Venture Entity, as applicable, with respect to any period (A)&nbsp;ending on
or prior to the Closing or (B)&nbsp;ending after the Closing and before January&nbsp;1, 2016, and the Seller shall provide such access, assistance and cooperation as promptly as practicable after the Buyer requests such access, cooperation or
assistance. The Buyer shall reimburse the Seller for the Seller&#146;s reasonable out-of-pocket expenses incurred in connection with such access, cooperation or assistance. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(e) <U>Post-Closing Collection and Payment Matters</U>. From time to time after the Closing, as promptly as practical (but not less than once
each calendar month), the Parties shall settle any then outstanding obligations under this Agreement, including the first Party reimbursing the other Party for benefits received by the first Party that should accrue to the other Party (such as the
first Party&#146;s receipt of payment on an account receivable that was owned by the other Party or the other Party&#146;s payment of an account payable that was an obligation of the first Party). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(f) <U>Removal of Seller Marks</U>. As soon as reasonably practical (and in any event within 90 Business Days) after the Closing, the Buyer
shall cause each Company and Company Subsidiary to (i)&nbsp;cease any and all use of (A)&nbsp;the names &#147;<B><I>Enterprise</I></B>,&#148; or &#147;<B><I>Enterprise Products</I></B>,&#148; (B)&nbsp;any items that include the words
&#147;Enterprise&#148; or &#147;Enterprise Products&#148;; (C)&nbsp;the Enterprise Products logo; and (D)&nbsp;names and trademarks (and any variation or derivative of such names and trademarks and any names or trademarks confusingly similar
thereto) related to the Business (collectively, the &#147;<B><I>Seller Marks</I></B>&#148;), and (ii)&nbsp;delete or destroy any and all materials under its control that contain the Seller Marks. The Buyer acknowledges and agrees that neither the
Buyer nor any Company nor any Company Subsidiary will own or have a license to use the Seller Marks from and after the Closing. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">52 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(g) <U>Surety Bonds and Other Credit Support</U>. <U>Schedule 6(g)</U> includes a list of the
surety bonds and other credit support in place regarding the Subject Entities and the Business Assets. Promptly after the Closing, the Buyer shall submit any new required bonds to the applicable Governmental Authorities, and each of the Parties
shall use Commercially Reasonable Efforts to substitute credit support of the Seller for the same, and to concurrently release the Seller and its Affiliates from, the applicable bonding and other credit support obligations applicable to the Subject
Entities and the Business Assets. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(h) <U>Misallocated Assets</U>. If, following the Closing, any right, property or asset forming part of
the Excluded Assets is found to have been transferred to the Buyer (or its designee(s)) in error, either directly or indirectly (including as a result of the Reorganization Actions) at or prior to Closing, the Buyer shall transfer, or shall cause
its Affiliates to transfer, at no cost, such right, property or asset to the extent then owned by the Buyer or its Affiliates as soon as practicable after obtaining Knowledge of such misallocated asset to the Seller or to the Affiliate of the Seller
indicated by the Seller. If, following the Closing, any right, property or asset forming part of the Business Assets, other than the Excluded Assets, is found to have been retained by the Seller or any of its Affiliates in error, either directly or
indirectly (including as a result of the Reorganization Actions) at or prior to the Closing, the Seller shall transfer, or shall cause its Affiliates to transfer, at no cost, such right, property or asset as soon as practicable after obtaining
Knowledge of such misallocated asset to the Buyer or an Affiliate of the Buyer indicated by the Buyer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">7. <U>Conditions to Obligation to
Close.</U> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a) <U>Conditions to Obligation of the Buyer</U>. The obligation of the Buyer to consummate the transactions to be performed
by it in connection with the Closing is subject to satisfaction of the following conditions: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) the representations and
warranties of the Seller contained in this Agreement, including <U>Article 4</U>, must be true and correct in all respects (without giving effect to any supplement to the Schedules or any qualification as to materiality, monetary amount, value or
concepts of similar import) as of the date of this Agreement and at Closing (except for those which refer to a specific date, which must be true and correct as of such date), except to the extent such inaccuracies, violations or breaches would not,
or could not reasonably be expected to, result in a Seller Material Adverse Effect; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) the Seller must have performed
and complied in all material respects with its covenants hereunder through the Closing; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) the Seller must have timely
delivered all items required to be delivered at Closing pursuant to <U>Section&nbsp;2(d)</U>; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) there must not be any
injunction, judgment, order, decree, ruling or charge in effect preventing consummation of any of the transactions contemplated by this Agreement or any suit or action pending by a Governmental Authority to enjoin the consummation of any of the
transactions contemplated by this Agreement; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">53 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) the Seller must have obtained all consents and waivers set forth on
<U>Schedule&nbsp;7(a)(v)</U> (collectively, the &#147;<B><I>Seller Required Consents</I></B>&#148;), in form reasonably acceptable to the Buyer; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) the Business shall not have experienced any damage, loss, destruction, condemnation, forfeiture or seizure of the type
described in <U>Section&nbsp;5(e)</U> in an aggregate Damage Amount in excess of the amount for which such <U>Section&nbsp;5(e)</U> permits the Buyer to elect to not close; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) the Poseidon Waiver Letter shall remain in full force and effect in accordance with its terms and shall not be
terminated; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(viii) no Seller Material Adverse Effect shall have occurred and be continuing. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:2%; text-indent:2%; font-size:10pt; font-family:Times New Roman">The Buyer may waive any condition specified in this <U>Section&nbsp;7(a)</U> if it executes a writing so stating at or before
the Closing. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b) <U>Conditions to Obligation of the Seller</U>. The obligation of the Seller to consummate the transactions to be
performed by it in connection with the Closing is subject to satisfaction of the following conditions: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) the
representations and warranties of the Buyer contained in this Agreement, including <U>Article 3</U>, must be true and correct in all respects (without giving effect to any supplement to the Schedules or any qualification as to materiality, monetary
amount, value or concepts of similar import) as of the date of this Agreement and at Closing (except for those which refer to a specific date, which must be true and correct as of such date), except to the extent such inaccuracies, violations, or
breaches would not, or could not reasonably be expected to, delay or materially affect the Buyer&#146;s ability to consummate the transactions contemplated by this Agreement; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) the Buyer must have performed and complied in all material respects with each of its covenants hereunder through the
Closing; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) the Buyer must have timely delivered all items required to be delivered at Closing pursuant to
<U>Section&nbsp;2(e)</U>; </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) there must not be any injunction, judgment, order, decree, ruling or charge in effect
preventing consummation of any of the transactions contemplated by this Agreement or any suit or action pending by a Governmental Authority to enjoin the consummation of any of the transactions contemplated by this Agreement; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) the Buyer must have obtained all consents and waivers set forth on <U>Schedule 7(b)(v)</U> (collectively, the
&#147;<B><I>Buyer Required Consents</I></B>&#148;) in form reasonably acceptable to the Seller; </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">54 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vi) the Poseidon Waiver Letter shall remain in full force and effect in
accordance with its terms and shall not be terminated; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vii) no Buyer Material Adverse Effect shall have occurred and
be continuing. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">The Seller may waive any condition specified in this <U>Section&nbsp;7(b)</U> if it executes a writing so stating at or
before the Closing. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">8. <U>Remedies for Breaches of this Agreement</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a) <U>Survival</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Except to the extent provided to the contrary in <U>Section&nbsp;8(a)(ii)</U>, all of the representations and warranties of
the Buyer contained in this Agreement and all of the representations and warranties of the Seller contained in this Agreement shall survive the Closing hereunder for a period of 12 months after the Closing Date. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Buyer Fundamental Representations and Warranties and the Seller Fundamental Representations and Warranties shall
survive the Closing until the 60th day after the expiration of the statute of limitations applicable to the underlying matter giving rise to that claim. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) The covenants and obligations of the Buyer and the Seller contained in this Agreement shall survive the Closing until
performed in full by the applicable Party. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) Claims with respect to any Special Buyer Indemnity Obligations or any
Special Seller Indemnity Obligations shall survive the Closing indefinitely. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) Notwithstanding this
<U>Section&nbsp;8(a)</U>, any representation, warranty, covenant or obligation (and inaccuracy, violation, breach, Obligation or Loss) in respect of which indemnity may be sought under this Agreement shall survive the time at which it would
otherwise terminate pursuant to this <U>Section&nbsp;8(a)</U> if notice of a Third Party Claim or inaccuracy, violation, breach, Obligation or Loss giving rise to such right of indemnity shall have been duly given, in accordance with the procedures
and requirements set forth in this <U>Article 8</U> and <U>Section&nbsp;11(k)</U> to the Party against whom such indemnity may be sought prior to such time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b) <U>Indemnification Provisions for the Benefit of the Buyer</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) After Closing, in the event: (x)&nbsp;of any inaccuracy in, or violation or breach of, any of the Seller&#146;s
representations or warranties (without giving effect to any supplement to the Schedules or any qualification as to materiality, monetary amount, value or concepts of similar import) contained in <U>Article 4</U> (other than the Seller Fundamental
Representations and Warranties), (y)&nbsp;there is an applicable survival period pursuant to <U>Section&nbsp;8(a)</U>; and (z)&nbsp;the Buyer Indemnitees make a written claim for indemnification against the Seller (or give notice of a Third Party
Claim) pursuant to </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">55 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman">
<U>Section&nbsp;11(k)</U> within such survival period, then from and after Closing the Seller agrees to release, indemnify and hold harmless the Buyer Indemnitees from and against any Losses
suffered by the Buyer Indemnitees to the extent relating to or arising from such inaccuracy, violation or breach; <I>provided</I> that the Seller shall not have any obligation to indemnify the Buyer Indemnitees from any such inaccuracies, violations
or breaches until the Buyer Indemnitees, in the aggregate, have suffered Losses by reason of the sum of all such inaccuracies, violations or breaches in excess of an aggregate deductible amount equal to the Deductible Amount, at which point the
Seller shall be obligated to indemnify the Buyer Indemnitees from and against all Losses exceeding the Deductible Amount. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) After Closing, in the event: (x)&nbsp;of (1)&nbsp;any breach of the Seller&#146;s covenants or obligations in this
Agreement, (2)&nbsp;any inaccuracy in, or violation or breach of, any representation or warranty (without giving effect to any supplement to the Schedules or any qualification as to materiality, monetary amount, value or concepts of similar import)
contained in the Seller Fundamental Representations and Warranties, or (3)&nbsp;any Losses from, related to or otherwise attributable to any Special Seller Indemnity Obligations, (y)&nbsp;there is an applicable survival period pursuant to
<U>Section&nbsp;8(a)</U>; and (z)&nbsp;the Buyer Indemnitees make a written claim for indemnification against the Seller (or give notice of a Third Party Claim) pursuant to <U>Section&nbsp;11(k)</U> within such survival period, then from and after
the Closing, the Seller agrees to release and indemnify the Buyer Indemnitees from and against the entirety of any Losses suffered by the Buyer Indemnitees to the extent relating to or arising from such inaccuracy, violation, breach or Loss
described in clause (x)&nbsp;of this <U>Section&nbsp;8(b)(ii)</U>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) To the extent any Buyer Indemnitee becomes liable
to, and is ordered to and does pay to any third party that is not a Buyer Indemnitee, punitive, exemplary, special, indirect, incidental or consequential damages caused by any matter for which such Buyer Indemnitee is entitled to be indemnified
under this <U>Section&nbsp;8(b)</U>, then such punitive, exemplary, special, indirect, incidental or consequential damages shall be deemed actual damages to such Buyer Indemnitee and included within the definition of Losses for purposes of this
<U>Section&nbsp;8</U>. Except to the extent specified in the immediately preceding sentence with respect to third party claims, the Seller shall not be liable to any Buyer Indemnitee for any punitive, exemplary, special, indirect, incidental or
consequential damages, including Losses for lost revenue or lost profits, or Losses relating to any matter to the extent that such matter has been taken into account in connection with the Purchase Price adjustment under <U>Section&nbsp;2(f)</U>.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) With respect to Losses suffered by any Company Joint Venture Entity for which indemnification by the Seller is
required hereunder, the Seller shall be obligated to indemnify such Buyer Indemnitee only for such Losses in an amount equal to the Percentage Interest applicable thereto. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) After Closing, notwithstanding anything in <U>Section&nbsp;8(b)(i)</U> of this Agreement to the contrary, in no event shall
the Seller ever be required to indemnify the Buyer Indemnitees for Losses under <U>Section&nbsp;8(b)(i)</U> in an amount exceeding, in the aggregate, the Cap Amount. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">56 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c) <U>Indemnification Provisions for the Benefit of the Seller</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) After Closing, in the event: (x)&nbsp;of any inaccuracy in, or violation or breach of, any of the Buyer&#146;s
representations or warranties (without giving effect to any supplement to the Schedules or any qualification as to materiality, monetary amount, value or concepts of similar import) contained in <U>Article 3</U> (other than the Buyer Fundamental
Representations and Warranties); (y)&nbsp;there is an applicable survival period pursuant to <U>Section&nbsp;8(a)</U>; and (z)&nbsp;the Seller Indemnitees make a written claim for indemnification against the Buyer (or give notice of a Third Party
Claim) pursuant to <U>Section&nbsp;11(k)</U> within such survival period, then from and after Closing the Buyer agrees to release, indemnify and hold harmless the Seller Indemnitees from and against any Losses suffered by the Seller Indemnitees to
the extent relating to or arising from such inaccuracy, violation, or breach; <I>provided</I> that the Buyer shall not have any obligation to indemnify the Seller Indemnitees from any such inaccuracies, violations, or breaches until the Seller
Indemnitees, in the aggregate, have suffered Losses by reason of the sum of all such inaccuracies, violations or breaches in excess of an aggregate deductible amount equal to the Deductible Amount, at which point the Buyer shall be obligated to
indemnify the Seller Indemnitees from and against all Losses exceeding the Deductible Amount. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) After Closing, in the
event: (x)&nbsp;of (1)&nbsp;any breach of the Buyer&#146;s covenants or obligations in this Agreement, (2)&nbsp;any inaccuracy in, or violation or breach of, any representation or warranty (without giving effect to any supplement to the Schedules or
any qualification as to materiality, monetary amount, value or concepts of similar import) contained in the Buyer Fundamental Representations and Warranties, or (3)&nbsp;any Losses resulting from any demand, assertion, claim, action or proceeding,
judicial or otherwise, by any third party (that is not the Seller or an Affiliate of the Seller) against the Seller after the Closing that pertains to the operation of the Business or the ownership of the Business Assets or the Acquired Equity
Interests prior to, on or after the Closing, including any claims relating to any Preferential Rights identified on <U>Schedule 4(r)</U> or the Special Buyer Indemnity Obligations, except to the extent constituting a Special Seller Indemnity
Obligation, (y)&nbsp;there is an applicable survival period pursuant to <U>Section&nbsp;8(a)</U>; and (z)&nbsp;the Seller Indemnitees make a written claim for indemnification against the Buyer (or give notice of a Third Party Claim) pursuant to
<U>Section&nbsp;11(k)</U> within such survival period, then from and after the Closing, the Buyer agrees to release and indemnify the Seller Indemnitees from and against the entirety of any Losses suffered by the Seller Indemnitees to the extent
relating to or arising from such inaccuracy, violation, breach or Loss described in clause (x)&nbsp;of this <U>Section&nbsp;8(c)(ii)</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) To the extent any Seller Indemnitee becomes liable to, and is ordered to and does pay to any third party that is not a
Seller Indemnitee, punitive, exemplary, special, indirect, incidental or consequential damages caused by any matter for which such </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">57 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman">
Seller Indemnitee is entitled to be indemnified under this <U>Section&nbsp;8(c)</U>, then such punitive, exemplary, special, indirect, incidental or consequential damages shall be deemed actual
damages to such Seller Indemnitee and included within the definition of Losses for purposes of this <U>Section&nbsp;8</U>. Except to the extent specified in the immediately preceding sentence with respect to third party claims, the Buyer shall not
be liable to any Seller Indemnitee for any punitive, exemplary, special, indirect, incidental or consequential damages, including Losses for lost revenue or lost profits, or Losses relating to any matter to the extent that such matter has been taken
into account in connection with the Purchase Price adjustment under <U>Section&nbsp;2(f)</U>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) With respect to Losses
suffered by any Company Joint Venture Entity for which indemnification by the Buyer is required hereunder, the Buyer shall be obligated to indemnify such Seller Indemnitee only for such Losses in an amount equal to the Percentage Interest applicable
thereto. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) After Closing, notwithstanding anything in <U>Section&nbsp;8(c)(i)</U> of this Agreement to the contrary, in
no event shall the Buyer ever be required to indemnify the Seller Indemnitees for Losses under <U>Section&nbsp;8(c)(i)</U> in an amount exceeding, in the aggregate, the Cap Amount. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(d) <U>Matters Involving Third Parties</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) If any third party shall notify any Person entitled to indemnification hereunder (the &#147;<B><I>Indemnified
Party</I></B>&#148;) with respect to any matter (a &#147;<B><I>Third Party Claim</I></B>&#148;) that is reasonably expected to give rise to a claim for indemnification against a Party (the &#147;<B><I>Indemnifying Party</I></B>&#148;) under this
<U>Article 8</U>, then the Indemnified Party shall promptly (and in any event within five Business Days after receiving notice of the Third Party Claim) notify the Indemnifying Party thereof in writing. Failure to notify the Indemnifying Party shall
not relieve the Indemnifying Party of any liability that it may have to the Indemnified Party, except to the extent the defense of such claim is materially prejudiced by the Indemnified Party&#146;s failure to give such notice, including having the
effect of tolling or suspending the statute of limitations applicable to such claim. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Indemnifying Party shall
have the right to assume and thereafter conduct the defense of the Third Party Claim with counsel of its choice reasonably satisfactory to the Indemnified Party and the Indemnifying Party shall have full control of such defense and proceedings,
including any compromise or settlement thereof; <I>provided</I>, <I>however</I>, that the Indemnifying Party shall not consent to the entry of any judgment or enter into any settlement with respect to the Third Party Claim which provides for or
results in any payment by or Obligation of the Indemnified Party of or for any damages or other amount, any Encumbrance on any property of the Indemnified Party, any finding of responsibility or liability on the part of the Indemnified Party or any
sanction or injunction of, restriction upon the conduct of any business by, or other equitable relief upon the Indemnified Party without the prior written consent of the Indemnified Party (not to be withheld, delayed or conditioned unreasonably).
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">58 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) Unless and until the Indemnifying Party assumes the defense of the Third
Party Claim as provided in <U>Section&nbsp;8(d)(i)</U>, the Indemnified Party may defend against the Third Party Claim in any manner it reasonably may deem appropriate. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) In no event shall the Indemnified Party consent to the entry of any judgment or enter into any settlement with respect to
the Third Party Claim without the prior written consent of the Indemnifying Party, which consent shall not be withheld, delayed or conditioned unreasonably. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(e) <U>Waiver of Rights and Remedies</U>. Notwithstanding anything to the contrary in this Agreement, if (x)&nbsp;the Buyer obtains Knowledge
of the breach of, or inaccuracy with respect to, any representation or warranty of the Seller under this Agreement (other than any Seller Fundamental Representations and regardless of whether such Knowledge is obtained by inspection or investigation
conducted by or on behalf of the Buyer or its directors, officers, employees, or representatives at any time and regardless of whether notice of such Knowledge has been given to the Seller), and nonetheless proceeds to the Closing, the Buyer shall
be deemed to have waived any rights and remedies set forth in this Agreement with respect to such breach or inaccuracy, and (y)&nbsp;the Seller obtains Knowledge of the breach of, or inaccuracy with respect to, any representation or warranty of the
Buyer under this Agreement (other than any Buyer Fundamental Representations and regardless of whether such Knowledge is obtained by inspection or investigation conducted by or on behalf of the Seller or its directors, officers, employees, or
representatives at any time and regardless of whether notice of such Knowledge has been given to the Buyer), and nonetheless proceeds to the Closing, the Seller shall be deemed to have waived any rights and remedies set forth in this Agreement with
respect to such breach or inaccuracy. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(f) <U>Determination of Amount of Losses; Duty to Mitigate</U>. The Losses giving rise to any
indemnification obligation hereunder shall be limited to the loss actually suffered by the Indemnified Party (reduced by (i)&nbsp;any insurance proceeds or other payments or recoupment received, realized or retained by the Indemnified Party as a
result of the events giving rise to the claim for indemnification net of any expenses related to the receipt of such proceeds, payment or recoupment and (ii)&nbsp;any Tax Benefit recognized by the Indemnified Party (or the affiliated group of which
it is a member) occasioned by such loss or damage). The amount of the actual loss and the amount of the indemnity payment shall be computed by taking into account the timing of the loss or payment, as applicable, using a Prime Rate plus 2% interest
or discount rate, as appropriate (not to exceed the maximum rate permitted by applicable Law). Upon the request of the Indemnifying Party, the Indemnified Party shall provide the Indemnifying Party with information sufficient to allow the
Indemnifying Party to calculate the amount of the indemnity payment in accordance with this <U>Section&nbsp;8(f)</U>. Each Party shall use its Commercially Reasonable Efforts to recover under insurance policies or similar agreements for any Losses
prior to seeking indemnification under this Agreement. If the Indemnified Party receives insurance proceeds for Obligations after an indemnification payment for such Losses has been made by the Indemnifying Party to the Indemnified Party, the
Indemnified Party will refund the Indemnifying Party the amount of such insurance proceeds received by the Indemnified Party. An Indemnified Party shall take all reasonable steps to mitigate damages in respect of any claim for which it is seeking
indemnification and shall use reasonable efforts to avoid any costs or expenses associated with such claim and, if such costs and expenses cannot be avoided, to minimize the amount thereof. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">59 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(g) <U>Tax Treatment of Indemnity Payments</U>. The Parties hereto agree that all indemnification
payments made under this Agreement, including any payment made under <U>Section&nbsp;9,</U> shall be treated as purchase price adjustments for Tax purposes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(h) <U>Exclusive Post-Closing Remedy</U>. To the fullest extent permitted by applicable Law, after the Closing, the rights and remedies set
forth in this <U>Article 8</U> and <U>Article 9</U> shall constitute the sole and exclusive rights and remedies of the Parties under or with respect to the subject matter of this Agreement, except for any non-monetary, equitable relief to which any
Party may be entitled or any remedies for willful misconduct or fraud. Notwithstanding any provision in this <U>Section&nbsp;8(h)</U> to the contrary, this <U>Section&nbsp;8(h)</U> shall not limit or otherwise affect any Party&#146;s right to seek
the remedy of specific performance as contemplated by <U>Section&nbsp;11(q)</U> or any right or remedy (including monetary remedies) for any claim arising from the willful or intentional misrepresentation or misconduct or fraud of any Party.
<B>I<SMALL>N</SMALL> <SMALL>FURTHERANCE</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>FOREGOING</SMALL> <SMALL>AND</SMALL> <SMALL>EXCEPT</SMALL> <SMALL>AS</SMALL> <SMALL>OTHERWISE</SMALL> <SMALL>CONTEMPLATED</SMALL> <SMALL>BY</SMALL>
<SMALL>THIS</SMALL> <U>S<SMALL>ECTION</SMALL>&nbsp;8(<SMALL>H</SMALL>)</U>, <SMALL>AFTER</SMALL> <SMALL>THE</SMALL> C<SMALL>LOSING</SMALL>, <SMALL>EACH</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> P<SMALL>ARTIES</SMALL>, <SMALL>ON</SMALL>
<SMALL>BEHALF</SMALL> <SMALL>OF</SMALL> <SMALL>ITSELF</SMALL> <SMALL>AND</SMALL> <SMALL>OF</SMALL> <SMALL>ITS</SMALL> A<SMALL>FFILIATES</SMALL>, <SMALL>HEREBY</SMALL> <SMALL>WAIVES</SMALL>, <SMALL>RELEASES</SMALL> <SMALL>AND</SMALL>
<SMALL>DISCHARGES</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>FULLEST</SMALL> <SMALL>EXTENT</SMALL> <SMALL>PERMITTED</SMALL> <SMALL>BY</SMALL> <SMALL>APPLICABLE</SMALL> L<SMALL>AW</SMALL>, <SMALL>THE</SMALL> <SMALL>OTHER</SMALL>
P<SMALL>ARTY</SMALL> <SMALL>AND</SMALL> <SMALL>ITS</SMALL> A<SMALL>FFILIATES</SMALL> <SMALL>FROM</SMALL> <SMALL>ANY</SMALL> <SMALL>AND</SMALL> <SMALL>ALL</SMALL> <SMALL>LOSSES</SMALL> <SMALL>FOR</SMALL> <SMALL>ANY</SMALL> <SMALL>BREACH</SMALL>
<SMALL>OR</SMALL> <SMALL>FAILURE</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>REPRESENTATION</SMALL> <SMALL>OR</SMALL> <SMALL>WARRANTY</SMALL>, <SMALL>OR</SMALL> <SMALL>BREACH</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL>
<SMALL>COVENANT</SMALL> <SMALL>IN</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> (<SMALL>WHETHER</SMALL> <SMALL>AT</SMALL> <SMALL>LAW</SMALL> <SMALL>OR</SMALL> <SMALL>IN</SMALL> <SMALL>EQUITY</SMALL> <SMALL>OR</SMALL> <SMALL>OTHERWISE</SMALL>,
<SMALL>FORESEEN</SMALL> <SMALL>OR</SMALL> <SMALL>UNFORESEEN</SMALL>, <SMALL>MATURED</SMALL> <SMALL>OR</SMALL> <SMALL>UNMATURED</SMALL>, <SMALL>KNOWN</SMALL> <SMALL>OR</SMALL> <SMALL>UNKNOWN</SMALL>, <SMALL>ACCRUED</SMALL> <SMALL>OR</SMALL>
<SMALL>NOT</SMALL> <SMALL>ACCRUED</SMALL> <SMALL>OR</SMALL> <SMALL>BASED</SMALL> <SMALL>ON</SMALL> <SMALL>ANY</SMALL> <SMALL>LAW</SMALL> <SMALL>OR</SMALL> <SMALL>RIGHT</SMALL> <SMALL>OF</SMALL> <SMALL>ACTION</SMALL> <SMALL>OR</SMALL>
<SMALL>OTHERWISE</SMALL>) <SMALL>NOTWITHSTANDING</SMALL> <SMALL>THE</SMALL> <SMALL>NEGLIGENCE</SMALL> <SMALL>OR</SMALL> <SMALL>GROSS</SMALL> <SMALL>NEGLIGENCE</SMALL> (<SMALL>WHETHER</SMALL> <SMALL>SOLE</SMALL>, <SMALL>JOINT</SMALL>
<SMALL>OR</SMALL> <SMALL>CONCURRENT</SMALL> <SMALL>OR</SMALL> <SMALL>ACTIVE</SMALL> <SMALL>OR</SMALL> <SMALL>PASSIVE</SMALL>) <SMALL>OR</SMALL> <SMALL>STRICT</SMALL> <SMALL>LIABILITY</SMALL> <SMALL>OR</SMALL> <SMALL>ILLEGAL</SMALL>
<SMALL>CONDUCT</SMALL> <SMALL>OF</SMALL> <SMALL>A</SMALL> <SMALL>RELEASED</SMALL> P<SMALL>ARTY</SMALL>.</B> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(i) <U>Additional Remedy
Matters</U>. To the extent any claim may be recoverable pursuant to more than one Section of this <U>Article 8</U>, the Indemnified Party may make such claim under any such Section in the alternative; <I>provided</I>, <I>however</I>, that nothing in
this Agreement is intended to allow an Indemnified Party to receive duplicative payments and to the extent an Indemnified Party has been paid for any Loss under one Section of this Agreement, such Indemnified Party shall not be permitted to seek
payment for that Loss under another Section of this Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">9. <U>Tax Matters</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a) <U>Post-Closing Tax Returns</U>. The Buyer shall prepare or cause to be prepared and file or cause to be filed any Post-Closing Tax
Returns with respect to the Subject Entities and the Business Assets, as applicable, except with respect to such Company Joint Venture Entities where the Buyer is not, directly or indirectly, responsible for the preparation of Tax Returns pursuant
to the Organizational Documents of the applicable Company Joint Venture Entity. The Buyer shall pay (or cause to be paid) any Post-Closing Taxes; <I>provided</I>, <I>however</I>, that in the case of the Company Joint Venture Entities the Buyer shall
pay or cause to be paid the Buyer&#146;s allocable share of such Post-Closing Taxes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b) <U>Pre-Closing Tax Returns</U>. The Seller shall
prepare or cause to be prepared and file or cause to be filed all Pre-Closing Tax Returns with respect to the Subject Entities and Business Assets, except with respect to such Company Joint Venture Entities where the Seller is not, directly or
indirectly, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">60 </P>


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responsible for the preparation of Tax Returns pursuant to the Organizational Documents of the applicable Company Joint Venture Entity. Copies of such Pre-Closing Tax Returns will be provided to
the Buyer as soon as reasonably practical prior to filing. The Seller shall pay or cause to be paid any Pre-Closing Taxes; <I>provided</I>, <I>however</I>, that in the case of the Company Joint Venture Entities the Seller shall pay or cause to be
paid the Seller&#146;s allocable share of such Pre-Closing Taxes. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c) <U>Straddle Periods</U>. The Buyer shall be responsible for Taxes
of the Subject Entities and Business Assets relating to the portion of any Straddle Period occurring after the Closing Date. The Seller shall be responsible for Taxes of the Subject Entities and Business Assets relating to the portion of any
Straddle Period occurring before and ending on the Closing Date. With respect to any Straddle Period, to the extent permitted by applicable Law, the Seller or the Buyer shall elect to treat the Closing Date as the last day of the applicable Tax
period. Subject to <U>Section&nbsp;9(e)</U>, if applicable Law shall not permit the Closing Date to be the last day of a Tax period, then (i)&nbsp;real or personal property Taxes with respect to the Business Assets shall be allocated based on the
number of days in the partial periods ending on the Closing Date and beginning after the Closing Date, (ii)&nbsp;all other Taxes based on or in respect of income shall be allocated based on the Tax computed on the basis of the taxable income or loss
attributable to the Subject Entities or the Business Assets, as applicable, for each partial period as determined from their books and records, and (iii)&nbsp;all other Taxes shall be allocated on the basis of the actual activities or attributes of
the Subject Entities or the Business Assets, as applicable, for each partial period as determined from the Subject Entities&#146; books and records. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(d) <U>Straddle Returns</U>. The Buyer shall prepare any Straddle Returns with respect to the Subject Entities or the Business Assets, as
applicable, except with respect to such Company Joint Venture Entities where the Buyer is not, directly or indirectly, responsible for the preparation of Tax Returns pursuant to the Organizational Documents of the applicable Company Joint Venture
Entity. The Buyer shall deliver, at least 45 days prior to the due date for filing such Straddle Return (including any extension) to the Seller a statement setting forth the amount of Tax that the Seller owes, including the allocation of taxable
income or loss, if any, and Taxes under <U>Section&nbsp;9(c)</U> and <U>Section&nbsp;9(e)</U>, and copies of such Straddle Return. The Seller shall have the right to review such Straddle Returns and the allocation of taxable income, if any, and
liability for Taxes and to suggest to the Buyer any reasonable changes to such Straddle Returns no later than 15 days prior to the date for the filing of such Straddle Returns. The Seller and the Buyer agree to consult and to attempt to resolve in
good faith any issue arising as a result of the review of such Straddle Returns and allocation of taxable income, if any, and liability for Taxes and mutually to consent to the filing as promptly as possible of such Straddle Returns. Not later than
five days before the due date for the payment of Taxes with respect to such Straddle Returns, the Seller shall pay or cause to be paid to the Buyer an amount equal to the Taxes as agreed to by the Buyer and the Seller as being owed by the Seller. If
the Buyer and the Seller cannot agree on the amount of Taxes owed by the Seller with respect to a Straddle Return, the Seller shall pay or cause to be paid to the Buyer the amount of Taxes reasonably determined by the Buyer to be owed by the Seller.
Within ten days after such payment, the Seller and the Buyer shall refer the matter to an independent &#147;Big-Four&#148; accounting firm agreed to by the Buyer and the Seller to arbitrate the dispute. The Seller and the Buyer shall equally share
the fees and expenses of such accounting firm and its determination as to the amounts owed by the Seller and the Buyer with respect to a Straddle Return shall be binding on the Seller and the Buyer. Within five days after the determination by such
accounting firm, if necessary, the appropriate Party shall pay the other Party any amount which is determined by such accounting firm to be owed. The Seller shall be entitled to reduce its obligations to pay Taxes with respect to a Straddle Return
by the amount of any estimated Taxes paid or caused to be paid by the Seller with respect to such Taxes on or before the Closing Date. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">61 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(e) <U>Allocations</U>. With respect to the taxable year that includes the Closing Date, the
Seller shall be allocated, in accordance with the Organizational Documents of the applicable Company Joint Venture Entity in effect as of the Closing, all items of income, loss, deduction and credit of the Company Joint Venture Entity for the period
prior to and including the Closing Date and the Buyer shall be allocated all remaining items of income, loss, deduction, and credit of the applicable Company Joint Venture Entity. More precisely, with respect to the sale or deemed sale of a portion
of the applicable Percentage Interest in each applicable Company Joint Venture Entity pursuant to this Agreement, the Buyer and the Seller agree to cause each Company Joint Venture Entity (to the extent they have the Legal Right) to elect &#147;the
closing of the books&#148; method pursuant to the regulations of Section&nbsp;706 of the Code. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(f) <U>Indemnification</U>. The Buyer
agrees to indemnify the Seller against all Taxes paid by the Seller or its Affiliates with respect to the Subject Entities and the Business Assets, as applicable, for any Post-Closing Tax Period and the portion of any Straddle Period occurring after
the Closing Date. The Seller agrees to indemnify the Buyer against all Taxes of or with respect to the Subject Entities and Business Assets for any Pre-Closing Tax Period and the portion of any Straddle Period occurring on or before the Closing
Date, except to the extent of Taxes that were reflected in the determination of the Purchase Price, as set forth in the Closing Statement. Any amount referenced in this <U>Article 9</U> in respect of any Company Joint Venture Entity shall be deemed
to be a portion of such amount equal to the Percentage Interest applicable thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(g) <U>Cooperation on Tax Matters</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) The Buyer and the Seller shall cooperate fully, as and to the extent reasonably requested by the other Party, in connection
with the preparation and filing of Tax Returns pursuant to this <U>Article 9</U> and any audit, litigation or other proceeding and making employees available on a mutually convenient basis to provide additional information and explanation of any
material provided hereunder. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Buyer and the Seller further agree, upon request, to use their Commercially
Reasonable Efforts to obtain any certificate or other document from any Governmental Authority or any other Person as may be necessary to mitigate, reduce or eliminate any Tax that could be imposed on the other Party (including with respect to the
transactions contemplated hereby). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(h) <U>Certain Taxes</U>. The Seller shall prepare and file all necessary Tax Returns and other
documentation with respect to all transfer, documentary, sales, use, stamp, registration or similar taxes and fees; <I>provided</I>, <I>however</I>, the Seller shall present to the Buyer such Tax Returns and other documentation for the Buyer&#146;s
review and consent no later than ten days before the due date of such Tax Returns and other documentation (which consent shall not be unreasonably withheld, conditioned or delayed). If required by applicable Law, the Buyer shall, and shall cause its
Affiliates to, join in the execution of any such Tax Returns and other documentation. Notwithstanding anything set forth in this Agreement to the contrary, the Seller shall pay any transfer, documentary, sales, use, stamp, registration or similar
taxes and fees incurred in connection with this Agreement and the transactions contemplated hereby. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">62 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(i) <U>Confidentiality</U>. Any information shared in connection with Taxes shall be kept
confidential, except as may otherwise be necessary in connection with the filing of Tax Returns or reports, refund claims, Tax audits, Tax claims and Tax litigation, or as required by Law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(j) <U>Audits</U>. The Seller or the Buyer, as applicable, shall provide prompt written notice to the other Party of any pending or threatened
Tax audit, assessment or proceeding that it becomes aware of related to a Subject Entity regarding the Business Assets for whole or partial periods for which it is indemnified by the other Party hereunder. Such notice shall contain factual
information (to the extent known) describing the asserted Tax liability in reasonable detail and shall be accompanied by copies of any notice or other document received from or with any Tax authority in respect of any such matters. If an Indemnified
Party has Knowledge of an asserted Tax liability with respect to a matter for which it is to be indemnified hereunder and such Party fails to give the Indemnifying Party prompt notice of such asserted Tax liability, then (i)&nbsp;if the Indemnifying
Party is precluded by the failure to give prompt notice from contesting the asserted Tax liability in any forum, the Indemnifying Party shall have no obligation to indemnify the Indemnified Party for any Taxes arising out of such asserted Tax
liability and (ii)&nbsp;if the Indemnifying Party is not so precluded from contesting, but such failure to give prompt notice results in a detriment to the Indemnifying Party, then any amount which the Indemnifying Party is otherwise required to pay
the Indemnified Party pursuant to this <U>Section&nbsp;9(j)</U> shall be reduced by the amount of such detriment, <I>provided</I>, the Indemnified Party shall nevertheless be entitled to full indemnification hereunder to the extent, and only to the
extent, that such Party can establish that the Indemnifying Party was not prejudiced by such failure. This <U>Section&nbsp;9(j)</U> shall control the procedure for Tax indemnification matters to the extent it is inconsistent with any other provision
of this Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(k) <U>Control of Proceedings</U>. The Party responsible for a Tax under this Agreement shall control audits and
disputes related to such Taxes (including action taken to pay, compromise or settle such Taxes). The Seller and the Buyer shall jointly control, in good faith with each other, audits and disputes relating to Straddle Periods. Reasonable
out-of-pocket expenses with respect to such contests shall be borne by the Seller and the Buyer in proportion to their responsibility for such Taxes as set forth in this Agreement. Except as otherwise provided by this Agreement, the noncontrolling
Party shall be afforded a reasonable opportunity to participate in such proceedings at its own expense. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(l) <U>Purchase Price
Allocation</U>. The Seller and the Buyer agree that they will: (i)&nbsp;agree to a reasonable allocation of the Purchase Price no later than 90 days after the Effective Date; (ii)&nbsp;report the Tax consequences of the transactions contemplated
hereby in a manner consistent with such allocation, and in particular, report the information required by Section&nbsp;1060(b) of the Code on Form 8594 in a manner consistent with such allocation; and (iii)&nbsp;not take any position inconsistent
therewith upon examination of any Tax return, in any refund claim, in any litigation, investigation or otherwise, unless required by applicable Laws or with the prior written consent of the other Party. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(m) <U>Closing Tax Certificate</U>. At the Closing, the Seller shall deliver to the Buyer a Closing Tax Certificate with respect to each
applicable transferor, signed under penalties of perjury (i)&nbsp;stating that such transferor is not a foreign corporation, foreign partnership, foreign trust or foreign estate, (ii)&nbsp;providing its U.S. Employer Identification Number and
(iii)&nbsp;providing its address, all pursuant to Section&nbsp;1445 of the Code and the regulations promulgated thereunder. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">63 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(n) <U>Tax Refunds</U>. If the Buyer or any Affiliate of the Buyer receives a refund of any Taxes
that the Seller is responsible for hereunder, or if the Seller or any Affiliate of the Seller receives a refund of any Taxes that the Buyer is responsible for hereunder, the Party receiving such refund shall, within 30 days after receipt of such
refund, remit it (less any costs and expenses incurred in obtaining such refund) to the Party who has responsibility for such Taxes hereunder. For the purpose of this <U>Section&nbsp;9(n)</U>, the term &#147;refund&#148; shall include a reduction in
Tax and the actual use of an overpayment as a credit or other Tax offset, and receipt of a refund shall occur upon the filing of a Tax Return or an adjustment thereto using such reduction, overpayment or offset or upon the receipt of cash. Each
Party shall promptly notify the other of any right to claim a refund with respect to Taxes for which the other Party is liable pursuant to this Agreement and shall reasonably cooperate (at the expense of the Party entitled to the refund hereunder)
in the claim of such refund or other process required to obtain such refund. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">10. <U>Termination</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a) <U>Termination of Agreement</U>. The Parties may terminate this Agreement, as provided below: </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) The Buyer and the Seller may terminate this Agreement by mutual written consent at any time before the Closing; </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Buyer may terminate this Agreement, if the Buyer is not in default or breach of any representations, warranties,
covenants and agreements contained in this Agreement, by giving written notice to the Seller at any time before Closing (A)&nbsp;in the event of any inaccuracy, violation or breach of any representation, warranty or covenant of the Seller contained
in this Agreement if (w)&nbsp;the Losses thereof (with respect to the representations and warranties, without giving effect to any supplement to the Schedules or any qualification as to materiality, monetary amount, value or concepts of similar
import) would constitute or result in a Seller Material Adverse Effect, (x)&nbsp;the Buyer has notified the Seller of the breach in the manner provided for in <U>Section&nbsp;11(k)</U>, (y)&nbsp;the breach has continued without cure for a period of
15 Business Days after receipt of the notice of breach and (z)&nbsp;such breach would result in a failure to satisfy a condition to the Buyer&#146;s obligation to consummate the transactions contemplated hereby; or (B)&nbsp;in the event that the
Closing shall not have occurred on or before the Outside Date (unless such failure results primarily from the Buyer breaching any representation, warranty or covenant contained in this Agreement); </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iii) The Seller may terminate this Agreement, if the Seller is not in default or breach of any representations, warranties,
covenants and agreements contained in this Agreement, by giving written notice to the Buyer at any time before Closing (A)&nbsp;in the event of any inaccuracy in, or violation or breach of, any representation, warranty or covenant of the Buyer
contained in this Agreement if (w)&nbsp;the Losses thereof (with respect to the representations and warranties, without giving effect to any supplement to the Schedules or any qualification as to materiality, monetary amount, value or concepts of
similar import) would delay or materially affect the Buyer&#146;s ability to consummate the transactions contemplated by this Agreement, (x)&nbsp;the Seller has notified the Buyer of the breach in the manner provided for in
<U>Section&nbsp;11(k)</U>, (y)&nbsp;the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">64 </P>


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breach has continued without cure for a period of 15 Business Days after receipt of the notice of breach and (z)&nbsp;such breach would result in a failure to satisfy a condition to the
Seller&#146;s obligation to consummate the transactions contemplated hereby; or (B)&nbsp;in the event that the Closing shall not have occurred on or before the Outside Date (unless such failure results primarily from the Seller breaching any
representation, warranty or covenant contained in this Agreement); </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(iv) The Seller may terminate this Agreement, if the
Seller is not in default or breach of any representations, warranties, covenants and agreements contained in this Agreement, by giving written notice to the Buyer at any time before Closing in the event (A)&nbsp;any modification or termination of
the Commitment Letter would reasonably be expected to delay or materially affect the Buyer&#146;s ability to consummate the transactions contemplated by this Agreement and such modification or termination would reasonably be expected to result in a
failure to satisfy a condition to the Seller&#146;s obligation to consummate the transactions contemplated hereby, and (B)&nbsp;the Buyer has not cured such modification or termination and notified the Seller of such cure within 15 Business Days of
the Buyer&#146;s receipt of a notice from the Seller of its determination in clause (A). </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v) The Buyer or the Seller may
terminate this Agreement if any court of competent jurisdiction or any Governmental Authority shall have issued an order, decree or ruling or shall have taken any other action permanently enjoining, restraining or otherwise prohibiting the
transactions contemplated hereby and such order, decree, ruling or other action shall have become final and nonappealable. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b) <U>Effect
of Termination</U>. Except for the obligations under <U>Articles 9</U>, <U>10</U> and <U>11</U>, if any Party terminates this Agreement pursuant to <U>Section&nbsp;5(l)</U> or <U>Section&nbsp;10(a)</U> prior to the Closing, all rights and
obligations of the Parties hereunder shall terminate without any liability of any Party to the other Party and except that termination of this Agreement will not affect any liability of any Party for any breach of this Agreement prior to
termination, or any breach at any time of the provisions hereof surviving termination. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">11. <U>Miscellaneous</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(a) <U>Confidentiality</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) Subject to <U>Section&nbsp;11(s)</U>, neither Party shall, and (i)&nbsp;shall cause its Affiliates not to and (ii)&nbsp;in
the case of (A)&nbsp;the Seller at any time, (B)&nbsp;the Buyer at any time (with respect to, in the case of the Buyer, Cameron Highway Oil Pipeline Company, Southeast Keathley Canyon Pipeline Company, L.L.C. and Poseidon) and (C)&nbsp;the Buyer
after the Closing Date (with respect to, in the case of the Buyer, such Company Joint Venture Entities and all other Company Joint Venture Entities to the extent a Percentage Interest is acquired hereunder by the Buyer), to the extent it has the
Legal Right, shall cause each Company Joint Venture Entity not to, make disclosure of the other Party&#146;s Confidential Information to any Person other than (A)&nbsp;to their respective owners, directors, officers, employees, consultants or other
representatives to whom </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">65 </P>


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such disclosure is necessary or reasonably convenient for the completion of the transactions contemplated by this Agreement; (B)&nbsp;as required to convey title to any of the Acquired Equity
Interests or the Business Assets; (C)&nbsp;as required by Law or any securities exchange or market rule; (D)&nbsp;as may be requested or required by any Governmental Authority (provided that the disclosing Party first notifies the other Party and
gives the other Party the opportunity to contest such request or requirement), (E)&nbsp;to the extent that the Confidential Information is or becomes generally available to the public through no fault of the disclosing Party or its Affiliates or (in
the case of the Buyer, only after the Closing Date) any of the Subject Entities or their Affiliates making such disclosure, (F)&nbsp;to the extent that the same information is in the possession (on a non-confidential basis) of the Party making such
disclosure prior to receipt of such Confidential Information, (G)&nbsp;to the extent that the disclosing Party independently developed the same information without in any way relying on any of the other Party&#146;s Confidential Information,
(H)&nbsp;to the extent that the same information becomes available to the disclosing Party on a non-confidential basis from a source other than the other Party, the Subject Entities or its or their respective Affiliates, which source, to the
disclosing Party&#146;s Knowledge, is not prohibited from disclosing such information by a legal, contractual, or fiduciary obligation to the other Party, or (I)&nbsp;with prior notice of request for disclosure to, and consent of, the non-disclosing
Party (which consent may be withheld in the non-disclosing Party&#146;s sole discretion); <I>provided, however</I>, that after the Closing Date, the Buyer, its Affiliates and the Subject Entities shall not be prohibited from disclosing or using
Confidential Information related to the Business, the Subject Entities or the Business Assets, and this <U>Section&nbsp;11(a)(i)</U> shall not apply with respect to any such Confidential Information. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) Each Party (i)&nbsp;shall and shall cause its Affiliates to and (ii)&nbsp;in the case of (A)&nbsp;the Seller at any time,
(B)&nbsp;the Buyer at any time (with respect to Cameron Highway Oil Pipeline Company, Southeast Keathley Canyon Pipeline Company, L.L.C. and Poseidon) and (C)&nbsp;the Buyer after the Closing Date (with respect to such Company Joint Venture Entities
and all other Company Joint Venture Entities to the extent a Percentage Interest is acquired hereunder by the Buyer), to the extent it has the Legal Right, shall cause each Company Joint Venture Entity to, treat and hold as such all of the other
Party&#146;s Confidential Information and refrain from using any of such Confidential Information except in connection with this Agreement. If either Party or any of the Subject Entities are ever requested or required (by oral question or request
for information or documents in any action) to disclose any of the other Party&#146;s Confidential Information, the disclosing Party will notify the other Party promptly of the request or requirement so that the other Party may seek an appropriate
protective order or waive compliance with this <U>Section&nbsp;11(a)(ii)</U>. If, in the absence of a protective order or the receipt of a waiver hereunder, the disclosing Party or any of the Subject Entities, on the written advice of counsel, are
compelled to disclose any of the other Party&#146;s Confidential Information to any Government Authority, arbitrator, or mediator or else stand liable for contempt, then the disclosing Party or the applicable Subject Entity may disclose such
Confidential Information to the Government Authority, arbitrator, or mediator; <I>provided</I>, <I>however</I>, that the disclosing Party will use its </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">66 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; font-size:10pt; font-family:Times New Roman">
Commercially Reasonable Efforts to obtain (or to cause each Company and Company Subsidiary and, to the extent it has the Legal Right, each Company Joint Venture Entity to such Subject Entity to
obtain), at the request of the other Party, an order or other assurance that confidential treatment will be accorded to such portion of such Confidential Information required to be disclosed as the other Party may designate. Notwithstanding anything
in this Agreement to the contrary, after the Closing Date the Buyer, its Affiliates and the Subject Entities shall not be prohibited from disclosing or using Confidential Information related to the Business, the Subject Entities or the Business
Assets, and this <U>Section&nbsp;11(a)(ii)</U> shall not apply with respect to any such Confidential Information. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(b) <U>Insurance</U>.
</P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) The Seller shall and shall cause its Affiliates to and, to the extent it has the Legal Right, shall cause each Company
Joint Venture Entity to, use its Commercially Reasonable Efforts to file, notice, and otherwise continue to pursue any Insurance Rights that the Buyer desires to pursue; <I>provided</I>, <I>however</I>, that nothing contained in this
<U>Section&nbsp;11(b)</U> or elsewhere in this Agreement shall be construed to limit the Seller&#146;s rights to cancel the coverage(s) of any of the Insurance Policies in respect of any fact, circumstance or event relating to the Business Assets or
Business that occurs or arises after the Closing. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) The Seller shall and shall cause its Affiliates to and, to the
extent it has the Legal Right, shall cause each Company Joint Venture Entity to, file all insured claims (both before and after Closing) that may be filed under any Insurance Policy issued to it or its Affiliates and will thereafter coordinate with
the Buyer to resolve all of the Buyer&#146;s claims relating to the Insurance Rights. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(c) <U>Expenses</U>. Except as otherwise expressly
provided in this Agreement and the Reimbursement Agreement, the Seller, on the one hand, and the Buyer, on the other hand, will each bear their own costs and expenses (including those of Affiliates) incurred in connection with the preparation,
execution and performance of this Agreement and the transactions contemplated by this Agreement and the other Transaction Agreements, including all fees and expenses of agents, representatives, financial advisors, legal counsel and accountants. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(d) <U>No Third Party Beneficiaries</U>. Except for the indemnification provisions and the provisions of <U>Section&nbsp;11(r)</U>, this
Agreement shall not confer any rights or remedies upon any Person other than the Parties and their respective successors and permitted assigns. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(e) <U>Succession</U>. This Agreement shall be binding upon and inure to the benefit of the Parties named herein and their respective
successors and permitted assigns. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(f) <U>Counterparts</U>. This Agreement may be executed in multiple identical counterparts, each of
which shall be deemed an original but which together shall constitute one and the same instrument. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">67 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(g) <U>Incorporation of Exhibits and Schedules</U>. The Exhibits, Schedules and other attachments
identified in this Agreement are incorporated herein by reference and made a part hereof. If there is any conflict or other inconsistency between this Agreement and the Exhibits and Schedules, the terms of this Agreement shall prevail. Subject to
<U>Section&nbsp;11(p)</U>, to the extent of any ambiguity, inconsistency or conflict between this Agreement and any other Transaction Agreement, the terms of this Agreement will prevail. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(h) <U>Set off Rights</U>. Each Party will have the option of setting off all or any part of any amounts, including damages, due it or its
Affiliates under any Transaction Agreement by notifying the other Party that such Party is electing to set off the amount outstanding under this Agreement by such amount. A Party&#146;s exercise, if in good faith, of its set off rights will not
constitute a breach of this Agreement or any other Transaction Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(i) <U>Remedies</U>. Except as expressly provided herein, the
rights, obligations and remedies created by this Agreement are cumulative and in addition to any other rights, obligations or remedies otherwise available at law or in equity. Except as expressly provided herein, nothing herein will be considered an
election of remedies. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(j) <U>Headings</U>. The section headings contained in this Agreement are inserted for convenience only and shall
not affect in any way the meaning or interpretation of this Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(k) <U>Notices</U>. All notices, requests, demands, claims and
other communications hereunder shall be in writing. Any notice, request, demand, claim or other communication hereunder shall be deemed duly given five Business Days after it is sent by registered or certified mail, return receipt requested, postage
prepaid and addressed to the intended recipient as set forth below: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="92%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>
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<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="3%"></TD>
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<TD WIDTH="75%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>If&nbsp;to&nbsp;the&nbsp;Seller</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Enterprise Products Operating LLC</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
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<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">1100 Louisiana Street, 10th Floor</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Houston, TX 77002</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Attention: W. Randall Fowler</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Telephone: (713) 381-6694</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Fax: (713) 803-2655</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="6"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="5">(with a copy, which shall not constitute notice, to:)</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
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<TD VALIGN="top"></TD>
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<TD VALIGN="top" COLSPAN="3">Andrews Kurth LLP</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
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<TD VALIGN="top"></TD>
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<TD VALIGN="top" COLSPAN="3">600 Travis, Suite 4200</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
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<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Houston, TX 77002</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
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<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Attention: David C. Buck</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Telephone: (713) 220-4301</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Fax: (713) 238-7126</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">68 </P>


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<TD WIDTH="11%"></TD>
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<TD WIDTH="3%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="8%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="75%"></TD></TR>

<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"><U>If&nbsp;to&nbsp;the&nbsp;Buyer</U>:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Genesis Energy, L.P.</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">919 Milam, Suite 2100</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Houston, TX 77002</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
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<TD VALIGN="top" COLSPAN="3">Attention: Grant E. Sims</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Telephone: (713) 860-2500</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Fax: (713) 860-2647</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8" COLSPAN="7"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="7">(with a copy, which shall not constitute notice, to:)</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
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<TD VALIGN="top" COLSPAN="3">Akin Gump Strauss Hauer &amp; Feld LLP</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">1111 Louisiana, Suite 4400</TD></TR>
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<TD VALIGN="top" COLSPAN="3">Houston, Texas 77002</TD></TR>
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<TD VALIGN="top" COLSPAN="3">Attention: J. Vincent Kendrick</TD></TR>
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<TD VALIGN="top" COLSPAN="3">Patrick Hurley</TD></TR>
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<TD VALIGN="top">Telephone:</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top">(713) 220-5839 (J. Vincent Kendrick)</TD></TR>
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<TD VALIGN="top">(713) 220-8132 (Patrick Hurley)</TD></TR>
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<TD VALIGN="top" COLSPAN="3">Fax: (713) 236-0822</TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Any Party may send any notice, request, demand, claim or other communication hereunder to the intended recipient at the
addresses set forth above using any other means (including personal delivery, expedited courier, messenger service, facsimile, ordinary mail or electronic mail), but no such notice, request, demand, claim or other communication shall be deemed to
have been duly given unless and until it actually is received by the intended recipient. Any Party may change the address to which notices, requests, demands, claims and other communications hereunder are to be delivered by giving the other Party
notice in the manner herein set forth. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(l) <U>Governing Law; Venue; Service of Process; Waiver of Jury Trial</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B></B>(i)<B> T<SMALL>HIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>SHALL</SMALL> <SMALL>BE</SMALL> <SMALL>GOVERNED</SMALL>
<SMALL>BY</SMALL> <SMALL>AND</SMALL> <SMALL>CONSTRUED</SMALL> <SMALL>IN</SMALL> <SMALL>ACCORDANCE</SMALL> <SMALL>WITH</SMALL> <SMALL>THE</SMALL> L<SMALL>AWS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> S<SMALL>TATE</SMALL> <SMALL>OF</SMALL>
T<SMALL>EXAS</SMALL> <SMALL>WITHOUT</SMALL> <SMALL>GIVING</SMALL> <SMALL>EFFECT</SMALL> <SMALL>TO</SMALL> <SMALL>ANY</SMALL> <SMALL>CHOICE</SMALL> <SMALL>OR</SMALL> <SMALL>CONFLICT</SMALL> <SMALL>OF</SMALL> <SMALL>LAW</SMALL>
<SMALL>PROVISION</SMALL> <SMALL>OR</SMALL> <SMALL>RULE</SMALL> (<SMALL>WHETHER</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>STATE</SMALL> <SMALL>OF</SMALL> T<SMALL>EXAS</SMALL> <SMALL>OR</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL>
<SMALL>JURISDICTION</SMALL>) <SMALL>THAT</SMALL> <SMALL>WOULD</SMALL> <SMALL>CAUSE</SMALL> <SMALL>THE</SMALL> <SMALL>APPLICATION</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>LAWS</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL>
<SMALL>JURISDICTION</SMALL> <SMALL>OTHER</SMALL> <SMALL>THAN</SMALL> <SMALL>THE</SMALL> S<SMALL>TATE</SMALL> <SMALL>OF</SMALL> T<SMALL>EXAS</SMALL>; </B><B><I><SMALL>PROVIDED</SMALL>, <SMALL>HOWEVER</SMALL></I></B><B><SMALL></SMALL>,
<SMALL>THAT</SMALL> <SMALL>ALL</SMALL> <SMALL>REAL</SMALL> <SMALL>PROPERTY</SMALL> <SMALL>MATTERS</SMALL> <SMALL>SHALL</SMALL> <SMALL>BE</SMALL> <SMALL>GOVERNED</SMALL> <SMALL>BY</SMALL> <SMALL>AND</SMALL> <SMALL>CONSTRUED</SMALL> <SMALL>IN</SMALL>
<SMALL>ACCORDANCE</SMALL> <SMALL>WITH</SMALL> <SMALL>THE</SMALL> <SMALL>DOMESTIC</SMALL> <SMALL>LAWS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> <SMALL>STATE</SMALL> <SMALL>IN</SMALL> <SMALL>WHICH</SMALL> <SMALL>SUCH</SMALL> <SMALL>PROPERTY</SMALL>
<SMALL>IS</SMALL> <SMALL>LOCATED</SMALL>. </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B></B>(ii) <B>E<SMALL>ACH</SMALL> P<SMALL>ARTY</SMALL>
<SMALL>HEREBY</SMALL> <SMALL>IRREVOCABLY</SMALL> <SMALL>AND</SMALL> <SMALL>UNCONDITIONALLY</SMALL> <SMALL>CONSENTS</SMALL> <SMALL>TO</SMALL> <SMALL>SUBMIT</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>JURISDICTION</SMALL> <SMALL>OF</SMALL>
<SMALL>THE</SMALL> <SMALL>COMPETENT</SMALL> <SMALL>COURTS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> S<SMALL>TATE</SMALL> <SMALL>OF</SMALL> T<SMALL>EXAS</SMALL> <SMALL>AND</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> U<SMALL>NITED</SMALL>
S<SMALL>TATES</SMALL> <SMALL>OF</SMALL> A<SMALL>MERICA</SMALL>, <SMALL>IN</SMALL> <SMALL>EACH</SMALL> <SMALL>CASE</SMALL> <SMALL>LOCATED</SMALL> <SMALL>IN</SMALL> H<SMALL>OUSTON</SMALL>, T<SMALL>EXAS</SMALL> (<SMALL>THE</SMALL>
&#147;</B><B><I>C<SMALL>OURTS</SMALL></I></B><B><SMALL></SMALL>&#148;) <SMALL>FOR</SMALL> <SMALL>ANY</SMALL> <SMALL>LITIGATION</SMALL> <SMALL>ARISING</SMALL> <SMALL>OUT</SMALL> <SMALL>OF</SMALL> <SMALL>OR</SMALL> <SMALL>RELATING</SMALL>
<SMALL>TO</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>AND</SMALL> <SMALL>THE</SMALL> <SMALL>TRANSACTIONS</SMALL> <SMALL>CONTEMPLATED</SMALL> <SMALL>HEREBY</SMALL> (<SMALL>AND</SMALL> <SMALL>AGREES</SMALL> <SMALL>NOT</SMALL>
<SMALL>TO</SMALL> <SMALL>COMMENCE</SMALL> <SMALL>ANY</SMALL> <SMALL>LITIGATION</SMALL> <SMALL>RELATING</SMALL> <SMALL>THERETO</SMALL> <SMALL>EXCEPT</SMALL> <SMALL>IN</SMALL> <SMALL>THE</SMALL> C<SMALL>OURTS</SMALL>), <SMALL>WAIVES</SMALL>
<SMALL>ANY</SMALL> <SMALL>OBJECTION</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>LAYING</SMALL> <SMALL>OF</SMALL> <SMALL>VENUE</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>SUCH</SMALL> <SMALL>LITIGATION</SMALL> <SMALL>IN</SMALL>
<SMALL>THE</SMALL> C<SMALL>OURTS</SMALL> <SMALL>AND</SMALL> <SMALL>AGREES</SMALL> <SMALL>NOT</SMALL> <SMALL>TO</SMALL> <SMALL>PLEAD</SMALL> <SMALL>OR</SMALL> <SMALL>CLAIM</SMALL> <SMALL>IN</SMALL> <SMALL>ANY</SMALL> C<SMALL>OURT</SMALL>
<SMALL>THAT</SMALL> <SMALL>SUCH</SMALL> <SMALL>LITIGATION</SMALL> <SMALL>BROUGHT</SMALL> <SMALL>THEREIN</SMALL> <SMALL>HAS</SMALL> <SMALL>BEEN</SMALL> <SMALL>BROUGHT</SMALL> <SMALL>IN</SMALL> <SMALL>AN</SMALL> <SMALL>INCONVENIENT</SMALL>
<SMALL>FORUM</SMALL>. </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">69 </P>


<p Style='page-break-before:always'>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B></B>(iii) <B>E<SMALL>ACH</SMALL> P<SMALL>ARTY</SMALL> <SMALL>HEREBY</SMALL>
<SMALL>IRREVOCABLY</SMALL> <SMALL>CONSENTS</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>SERVICE</SMALL> <SMALL>OF</SMALL> <SMALL>PROCESS</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL>
<SMALL>AFOREMENTIONED</SMALL> C<SMALL>OURTS</SMALL> <SMALL>IN</SMALL> <SMALL>ANY</SMALL> <SMALL>SUCH</SMALL> <SMALL>SUIT</SMALL>, <SMALL>ACTION</SMALL> <SMALL>OR</SMALL> <SMALL>PROCEEDING</SMALL> <SMALL>BY</SMALL> <SMALL>THE</SMALL>
<SMALL>MAILING</SMALL> <SMALL>OF</SMALL> <SMALL>COPIES</SMALL> <SMALL>THEREOF</SMALL> <SMALL>BY</SMALL> <SMALL>CERTIFIED</SMALL> <SMALL>MAIL</SMALL>, <SMALL>POSTAGE</SMALL> <SMALL>PREPAID</SMALL>, <SMALL>TO</SMALL> <SMALL>SUCH</SMALL>
P<SMALL>ARTY</SMALL> <SMALL>AT</SMALL> <SMALL>THE</SMALL> <SMALL>ADDRESS</SMALL> <SMALL>OF</SMALL> <SMALL>SUCH</SMALL> P<SMALL>ARTY</SMALL> <SMALL>SET</SMALL> <SMALL>FORTH</SMALL> <SMALL>IN</SMALL> <SMALL>OR</SMALL> <SMALL>DESIGNATED</SMALL>
<SMALL>PURSUANT</SMALL> <SMALL>TO</SMALL> <U>S<SMALL>ECTION</SMALL>&nbsp;11(<SMALL>K</SMALL>)</U> <SMALL>OR</SMALL> <SMALL>BY</SMALL> <SMALL>ANY</SMALL> <SMALL>OTHER</SMALL> <SMALL>MEANS</SMALL> <SMALL>PERMITTED</SMALL> <SMALL>BY</SMALL>
<SMALL>THE</SMALL> L<SMALL>AWS</SMALL> <SMALL>OF</SMALL> <SMALL>THE</SMALL> S<SMALL>TATE</SMALL> <SMALL>OF</SMALL> T<SMALL>EXAS</SMALL>. </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B></B>(iv) <B>E<SMALL>ACH</SMALL> P<SMALL>ARTY</SMALL> <SMALL>ACKNOWLEDGES</SMALL> <SMALL>AND</SMALL> <SMALL>AGREES</SMALL>
<SMALL>THAT</SMALL> <SMALL>ANY</SMALL> <SMALL>CONTROVERSY</SMALL> <SMALL>THAT</SMALL> <SMALL>MAY</SMALL> <SMALL>ARISE</SMALL> <SMALL>UNDER</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>IS</SMALL> <SMALL>LIKELY</SMALL> <SMALL>TO</SMALL>
<SMALL>INVOLVE</SMALL> <SMALL>COMPLICATED</SMALL> <SMALL>AND</SMALL> <SMALL>DIFFICULT</SMALL> <SMALL>ISSUES</SMALL>, <SMALL>AND</SMALL> <SMALL>THEREFORE</SMALL> <SMALL>EACH</SMALL> <SMALL>SUCH</SMALL> P<SMALL>ARTY</SMALL> <SMALL>HEREBY</SMALL>
<SMALL>IRREVOCABLY</SMALL> <SMALL>AND</SMALL> <SMALL>UNCONDITIONALLY</SMALL> <SMALL>WAIVES</SMALL> <SMALL>ANY</SMALL> <SMALL>RIGHT</SMALL> <SMALL>SUCH</SMALL> P<SMALL>ARTY</SMALL> <SMALL>MAY</SMALL> <SMALL>HAVE</SMALL> <SMALL>TO</SMALL>
<SMALL>A</SMALL> <SMALL>TRIAL</SMALL> <SMALL>BY</SMALL> <SMALL>JURY</SMALL> <SMALL>IN</SMALL> <SMALL>RESPECT</SMALL> <SMALL>OF</SMALL> <SMALL>ANY</SMALL> <SMALL>LITIGATION</SMALL> <SMALL>DIRECTLY</SMALL> <SMALL>OR</SMALL> <SMALL>INDIRECTLY</SMALL>
<SMALL>ARISING</SMALL> <SMALL>OUT</SMALL> <SMALL>OF</SMALL> <SMALL>OR</SMALL> <SMALL>RELATING</SMALL> <SMALL>TO</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>, <SMALL>OR</SMALL> <SMALL>THE</SMALL> <SMALL>TRANSACTIONS</SMALL>
<SMALL>CONTEMPLATED</SMALL> <SMALL>BY</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>. </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(m) <U>Amendments and Waivers</U>. No
amendment of any provision of this Agreement shall be valid unless the same shall be in writing and signed by the Buyer and the Seller. No waiver by any Party of any default, misrepresentation or breach of warranty or covenant hereunder, whether
intentional or not, shall be deemed to extend to any prior or subsequent default, misrepresentation, or breach of warranty or covenant hereunder or affect in any way any rights arising by virtue of any prior or subsequent such occurrence. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(n) <U>Severability</U>. Any term or provision of this Agreement that is invalid or unenforceable in any situation in any jurisdiction shall
not affect the validity or enforceability of the remaining terms and provisions hereof or the validity or enforceability of the offending term or provision in any other situation or in any other jurisdiction. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(o) <U>Construction</U>. The Parties have participated jointly in the negotiation and drafting of this Agreement. In the event an ambiguity or
question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the Parties and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of the authorship of any of the
provisions of this Agreement. Any reference to any federal, state, local, or foreign statute or Law shall be deemed also to refer to all rules and regulations promulgated thereunder, unless the context requires otherwise. The word
&#147;including&#148; shall mean including without limitation. All personal pronouns used in this Agreement, whether used in the masculine, feminine or neuter gender, shall include all other genders; the singular shall include the plural, and vice
versa. All references herein to Exhibits, Schedules, Articles, Sections or subdivisions thereof shall refer to the corresponding Exhibits, Schedules, Articles, Sections or subdivisions thereof of this Agreement unless specific reference is made to
such exhibits, schedules, articles, sections or subdivisions of another document or instrument. The terms &#147;herein,&#148; &#147;hereby,&#148; &#147;hereunder,&#148; &#147;hereof,&#148; &#147;hereinafter,&#148; and other equivalent words refer to
this Agreement in its entirety and not solely to the particular portion of the Agreement in which such word is used. The words &#147;shall&#148; and &#147;will&#148; are used interchangeably throughout this Agreement and shall accordingly be given
the same meaning, regardless of which word is used. Except to the extent expressly provided to the contrary, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">70 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
references to a Party include its permitted successors and assigns. Each certificate delivered pursuant to this Agreement shall be deemed a part hereof, and any representation, warranty or
covenant herein referenced or affirmed in such certificate shall be treated as a representation, warranty or covenant given in the correlated Section hereof on the date of such certificate. Additionally, any representation, warranty or covenant made
in any such certificate shall be deemed to be made herein. Except as otherwise expressly provided herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect from time to time. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(p) <U>Entire Agreement</U>. <B>T<SMALL>HIS</SMALL> A<SMALL>GREEMENT</SMALL> (<SMALL>INCLUDING</SMALL> <SMALL>THE</SMALL>
<SMALL>DOCUMENTS</SMALL> <SMALL>REFERRED</SMALL> <SMALL>TO</SMALL> <SMALL>HEREIN</SMALL>) <SMALL>CONSTITUTES</SMALL> <SMALL>THE</SMALL> <SMALL>ENTIRE</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>AMONG</SMALL> <SMALL>THE</SMALL> P<SMALL>ARTIES</SMALL>
<SMALL>AND</SMALL> <SMALL>SUPERSEDES</SMALL> <SMALL>ANY</SMALL> <SMALL>UNDERSTANDINGS</SMALL>, <SMALL>AGREEMENTS</SMALL>, <SMALL>OR</SMALL> <SMALL>REPRESENTATIONS</SMALL> <SMALL>BY</SMALL> <SMALL>OR</SMALL> <SMALL>AMONG</SMALL> <SMALL>THE</SMALL>
P<SMALL>ARTIES</SMALL> (<SMALL>OTHER</SMALL> <SMALL>THAN</SMALL> <SMALL>THOSE</SMALL> <SMALL>CONTAINED</SMALL> <SMALL>IN</SMALL> <SMALL>THE</SMALL> C<SMALL>ONFIDENTIALITY</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>AND</SMALL> <SMALL>THE</SMALL>
R<SMALL>EIMBURSEMENT</SMALL> A<SMALL>GREEMENT</SMALL>), <SMALL>WRITTEN</SMALL> <SMALL>OR</SMALL> <SMALL>ORAL</SMALL>, <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>EXTENT</SMALL> <SMALL>THEY</SMALL> <SMALL>HAVE</SMALL> <SMALL>RELATED</SMALL>
<SMALL>IN</SMALL> <SMALL>ANY</SMALL> <SMALL>WAY</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>SUBJECT</SMALL> <SMALL>MATTER</SMALL> <SMALL>HEREOF</SMALL>. I<SMALL>N</SMALL> <SMALL>THE</SMALL> <SMALL>EVENT</SMALL> <SMALL>OF</SMALL>
<SMALL>A</SMALL> <SMALL>CONFLICT</SMALL> <SMALL>BETWEEN</SMALL> <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>AND</SMALL> <SMALL>THE</SMALL> R<SMALL>EIMBURSEMENT</SMALL> A<SMALL>GREEMENT</SMALL>, <SMALL>THIS</SMALL> A<SMALL>GREEMENT</SMALL>
<SMALL>SHALL</SMALL> <SMALL>CONTROL</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>EXTENT</SMALL> <SMALL>OF</SMALL> <SMALL>SUCH</SMALL> <SMALL>CONFLICT</SMALL>. N<SMALL>OTWITHSTANDING</SMALL> <SMALL>THE</SMALL> <SMALL>FOREGOING</SMALL>,
<SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>EXTENT</SMALL> <SMALL>THE</SMALL> B<SMALL>UYER</SMALL> <SMALL>IS</SMALL> <SMALL>REQUIRED</SMALL> <SMALL>TO</SMALL> <SMALL>PAY</SMALL> <SMALL>A</SMALL> <SMALL>FEE</SMALL> <SMALL>TO</SMALL> <SMALL>OR</SMALL>
<SMALL>OTHERWISE</SMALL> <SMALL>REIMBURSE</SMALL> <SMALL>THE</SMALL> S<SMALL>ELLER</SMALL> <SMALL>OR</SMALL> <SMALL>ITS</SMALL> A<SMALL>FFILIATES</SMALL> <SMALL>UNDER</SMALL> <SMALL>ANY</SMALL> <SMALL>PROVISION</SMALL> <SMALL>HEREOF</SMALL>
<SMALL>AND</SMALL> <SMALL>THE</SMALL> B<SMALL>UYER</SMALL> <SMALL>ALSO</SMALL> <SMALL>AGREED</SMALL> <SMALL>TO</SMALL> <SMALL>PAY</SMALL> <SMALL>A</SMALL> <SMALL>FEE</SMALL> <SMALL>TO</SMALL> <SMALL>OR</SMALL> <SMALL>OTHERWISE</SMALL>
<SMALL>REIMBURSE</SMALL> <SMALL>THE</SMALL> S<SMALL>ELLER</SMALL> <SMALL>OR</SMALL> <SMALL>ITS</SMALL> A<SMALL>FFILIATES</SMALL> <SMALL>FOR</SMALL> <SMALL>THE</SMALL> <SMALL>SAME</SMALL> <SMALL>MATTERS</SMALL> <SMALL>UNDER</SMALL> <SMALL>THE</SMALL>
R<SMALL>EIMBURSEMENT</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>OR</SMALL> <SMALL>THE</SMALL> T<SMALL>RANSITION</SMALL> S<SMALL>ERVICES</SMALL> A<SMALL>GREEMENT</SMALL>, <SMALL>THE</SMALL> R<SMALL>EIMBURSEMENT</SMALL> A<SMALL>GREEMENT</SMALL>
<SMALL>SHALL</SMALL> <SMALL>CONTROL</SMALL> <SMALL>AS</SMALL> <SMALL>TO</SMALL> <SMALL>MATTERS</SMALL> <SMALL>UNDER</SMALL> <U>S<SMALL>ECTIONS</SMALL> 5(<SMALL>K</SMALL>)</U>, <U>5(<SMALL>O</SMALL>)</U>, <U>6(<SMALL>B</SMALL>)(<SMALL>I</SMALL>)</U>
<SMALL>OR</SMALL> <U>6(<SMALL>D</SMALL>)(<SMALL>IV</SMALL>)</U> <SMALL>HEREOF</SMALL> <SMALL>AND</SMALL> <SMALL>THE</SMALL> T<SMALL>RANSITION</SMALL> S<SMALL>ERVICES</SMALL> A<SMALL>GREEMENT</SMALL> <SMALL>SHALL</SMALL> <SMALL>CONTROL</SMALL>
<SMALL>WITH</SMALL> <SMALL>RESPECT</SMALL> <SMALL>TO</SMALL> <SMALL>THE</SMALL> <SMALL>PERFORMANCE</SMALL> <SMALL>OF</SMALL> S<SMALL>ERVICES</SMALL> (<SMALL>AS</SMALL> <SMALL>DEFINED</SMALL> <SMALL>THEREIN</SMALL>) <SMALL>AND</SMALL>
<SMALL>THE</SMALL> B<SMALL>UYER</SMALL> <SMALL>SHALL</SMALL> <SMALL>NOT</SMALL> <SMALL>BE</SMALL> <SMALL>REQUIRED</SMALL> <SMALL>TO</SMALL> <SMALL>PAY</SMALL> <SMALL>A</SMALL> <SMALL>FEE</SMALL> <SMALL>TO</SMALL> <SMALL>OR</SMALL>
<SMALL>REIMBURSE</SMALL> <SMALL>THE</SMALL> S<SMALL>ELLER</SMALL> <SMALL>OR</SMALL> <SMALL>ITS</SMALL> A<SMALL>FFILIATES</SMALL> <SMALL>FOR</SMALL> <SMALL>SUCH</SMALL> <SMALL>COSTS</SMALL> <SMALL>OR</SMALL> <SMALL>EXPENSES</SMALL>
<SMALL>UNDER</SMALL> <SMALL>MORE</SMALL> <SMALL>THAN</SMALL> <SMALL>ONE</SMALL> <SMALL>AGREEMENT</SMALL>. U<SMALL>PON</SMALL> C<SMALL>LOSING</SMALL>, <SMALL>THE</SMALL> B<SMALL>UYER</SMALL> <SMALL>IS</SMALL> <SMALL>HEREBY</SMALL>
<SMALL>RELEASED</SMALL> <SMALL>FROM</SMALL> <SMALL>ALL</SMALL> <SMALL>OF</SMALL> <SMALL>ITS</SMALL> <SMALL>OBLIGATIONS</SMALL> <SMALL>UNDER</SMALL> <SMALL>THE</SMALL> C<SMALL>ONFIDENTIALITY</SMALL> A<SMALL>GREEMENT</SMALL>.</B> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(q) <U>Specific Performance</U>. Each Party acknowledges and agrees that the other Parties would be damaged irreparably if any provision of
this Agreement is not performed in accordance with its specific terms or is otherwise breached. Accordingly, and notwithstanding the provisions of <U>Section&nbsp;11(l)</U>, each Party agrees that the other Party will be entitled to seek an
injunction or injunctions to prevent breaches of the provisions of this Agreement and to enforce specifically this Agreement and its terms and provisions in any action instituted in any court of the United States or any state thereof having
jurisdiction over the Parties and the matter, in addition to any other remedy to which it may be entitled, at law or in equity. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(r) <U>No
Recourse Against Non-Parties</U>. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i) All claims or causes of action that may be based upon, arise out of or relate to
this Agreement, or the negotiation, execution or performance of this Agreement, may be made only against the entities that are expressly identified as Parties hereto. No Person who is not a named Party to this Agreement, including any director,
officer, employee, member, partner (general or limited), securityholder, Affiliate, agent, attorney or representative of any named Party to this Agreement (&#147;<B><I>Non-Party Affiliates</I></B>&#148;), shall have any liability (whether in
contract or in tort, in law or in equity, or based upon any theory that seeks to impose liability of an entity party against its owners or Affiliates) for any obligations or liabilities arising under, in connection with
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">71 </P>


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or related to this Agreement or for any claim based on, in respect of, or by reason of this Agreement or its negotiation or execution; and each Party hereto waives and releases all such
liabilities, claims and obligations against any such Non-Party Affiliates. Non-Party Affiliates are expressly intended as third-party beneficiaries of this provision of this Agreement. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:8%; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii) Notwithstanding anything herein to the contrary, Seller agrees that neither it, nor the Seller Group, shall have any claim
against any Financing Source, any lender participating in the Financing or any of their respective former, current or future general or limited partners, stockholders, managers, members, agents, Representatives, Affiliates, successors or assigns
(collectively, &#147;<B><I>Finance Related Parties</I></B>&#148;), nor shall any Finance Related Party have any liability whatsoever to the Seller Group, in connection with the Financing or in any way relating to this Agreement or any of the
transactions contemplated hereby, whether at law, in equity, in contract, in tort or otherwise, in each case, whether arising, in whole or in part, out of comparative, contributory or sole negligence by any Finance Related Party. Notwithstanding
anything to the contrary in this Agreement, (a)&nbsp;no amendment or modification to this <U>Section&nbsp;11(r)(ii)</U> (or amendment or modification with respect to any related definitions as they affect this <U>Section&nbsp;11(r)(ii)</U>) shall be
effective without the prior written consent of each Financing Source and (b)&nbsp;each Financing Source and Finance Related Party shall be an express third party beneficiary of, and shall have the right to enforce, this
<U>Section&nbsp;11(r)(ii)</U>. Each of the Parties hereto agrees that, <U>Section&nbsp;11(l)</U> notwithstanding, this provision shall be interpreted, and any action relating to this provision, shall be governed by the laws of the State of New York
and any legal action or proceeding relating to this <U>Section&nbsp;11(r)(ii)</U>, or for recognition and enforcement of any judgment in respect thereof, to the non-exclusive general jurisdiction of the courts of the State of New York located in the
County of New York, the courts of the United States of America for the Southern District of New York, and appellate courts from any thereof. This <U>Section&nbsp;11(r)(ii)</U> is intended to benefit and may be enforced by the Financing Sources and
the Finance Related Parties. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">(s) <U>Public Announcements</U>. Neither Party shall issue any press release or make any public announcement
or otherwise publicly disseminate information relating to the subject matter of this Agreement before or after the Closing without the prior written consent of the other Party (which consent shall not be unreasonably withheld, conditioned or
delayed); <I>provided, that</I> (i)&nbsp;either Party may make any public disclosure it believes in good faith is required by applicable Law or any listing or trading agreement or other securities exchange requirement concerning its publicly traded
securities, including in the case of the Buyer in connection with a Financing, and (ii)&nbsp;after the Closing, either Party may make disclosures of then-current public information regarding this Agreement and the transactions effected hereunder;<I>
provided further</I>, that each Party hereby consents to, and agrees that no consultation or prior consent shall be required for, the issuance by the other Party or its Affiliates of the press releases attached hereto as <U>Exhibit&nbsp;G</U> or any
other disclosures of the type contained, or similar to the disclosures, in such press releases. In the event a Party has approved or been consulted with respect to any disclosures as required hereunder, the other Party or its Affiliates shall be
entitled to make disclosures substantially similar (as to form and content) to those prior disclosures that the non-disclosing Party has approved or </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">72 </P>


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been consulted with respect to, as applicable. Notwithstanding the foregoing or the terms of the Confidentiality Agreement, but without limiting the Buyer&#146;s release from its confidentiality
obligations under Section&nbsp;11(a) and the Confidentiality Agreement after the Closing, the Buyer and any of its Affiliates may, without the prior written consent of the Seller or any of its Affiliates, but after consultation with the Seller at
least 24 hours in advance (if before the Closing and including any consultation prior to the date hereof), disclose the terms and provisions of this Agreement and any information regarding this Agreement and the transactions contemplated hereby
(including the Business Assets, the Combined Financial Statements, if applicable, and the Supplemental Combined Financial Statements and any related financial information and such other information deemed necessary by the Buyer or its Affiliates) in
or in connection with (i)&nbsp;offering materials for a Financing, and/or (ii)&nbsp;one or more customary investor presentations or related conference calls by the Buyer and its Affiliates with investors or analysts. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>[signature pages follow] </B></P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">73 </P>


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 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first set forth in
the preamble. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


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<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5"><B>BUYER:</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5"><B>GENESIS ENERGY, L.P.,</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
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<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">by&nbsp;</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Genesis Energy LLC,</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">its general
partner</P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:&nbsp;</TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Grant. E. Sims</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Grant E. Sims</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Chief Executive Officer</TD></TR>
</TABLE></DIV>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">[Purchase and Sale
Agreement &#150; Genesis/Enterprise] </P>


<p Style='page-break-before:always'>
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<TD VALIGN="top" COLSPAN="5"><B>SELLER:</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5"><B>ENTERPRISE PRODUCTS OPERATING LLC</B></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
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<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">by&nbsp;</P></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Enterprise Products OLPGP, Inc.</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">its sole
manager</P></TD></TR>
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<TD HEIGHT="16" COLSPAN="4"></TD></TR>
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<TD VALIGN="top">By:&nbsp;</TD>
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<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Michael A. Creel</P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Michael A. Creel</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="top" COLSPAN="3">Chief Executive Officer</TD></TR>
</TABLE></DIV>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">[Purchase and Sale
Agreement &#150; Genesis/Enterprise] </P>

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