Document ID: 11575

Text:
Section 2.02 Underwritten Offering. In the event that the Selling Holders holding a majority of the Common Units elect to dispose of Registrable Securities under the Shelf Registration Statement pursuant to an Underwritten Offering, ETP shall enter into an underwriting agreement in customary form with the Managing Underwriter and other underwriters, which shall include, among other provisions, indemnities to the effect and to the extent provided in Section 2.07, and shall take all such other reasonable actions as are requested by the Managing Underwriter in order to expedite or facilitate the registration and disposition of the Registrable Securities. In connection with any Underwritten Offering under this Agreement, ETP shall be entitled to select the Managing Underwriter or Underwriters, subject to the consent of ETE not to be unreasonably withheld. No Selling Holder may participate in such Underwritten Offering unless such Selling Holder agrees to sell its Registrable Securities on the basis provided in such underwriting agreement and completes and executes all questionnaires, powers of attorney, indemnities and other documents reasonably required under the terms of such underwriting agreement. Each Selling Holder may, at its option, require that any or all of the representations and warranties by, and the other agreements on the part of, ETP to and for the benefit of such underwriters also be made to and for such Selling Holders benefit and that any or all of the conditions precedent to the obligations of such underwriters under such underwriting agreement also be conditions precedent to its obligations. No Selling Holder shall be required to make any representations or warranties to or agreements with ETP other than representations, warranties or agreements regarding such Selling Holder and its ownership of the securities being registered on its behalf and its intended method of distribution and any other representation required by law. If any Selling Holder disapproves of the terms of an underwriting, such Selling Holder may elect to withdraw therefrom by notice to ETP and the Managing Underwriter; provided, however, that such withdrawal must be made up to and including the time of pricing of such offering to be effective. No such withdrawal or abandonment shall affect ETPs obligation to pay Registration Expenses.

Named Entities:
43
44
Title

Tokenized Text:
Section
2
.
02
Underwritten
Offering
.
In
the
event
that
the
Selling
Holders
holding
a
majority
of
the
Common
Units
elect
to
dispose
of
Registrable
Securities
under
the
Shelf
Registration
Statement
pursuant
to
an
Underwritten
Offering
,
ETP
shall
enter
into
an
underwriting
agreement
in
customary
form
with
the
Managing
Underwriter
and
other
underwriters
,
which
shall
include
,
among
other
provisions
,
indemnities
to
the
effect
and
to
the
extent
provided
in
Section
2
.
07
,
and
shall
take
all
such
other
reasonable
actions
as
are
requested
by
the
Managing
Underwriter
in
order
to
expedite
or
facilitate
the
registration
and
disposition
of
the
Registrable
Securities
.
In
connection
with
any
Underwritten
Offering
under
this
Agreement
,
ETP
shall
be
entitled
to
select
the
Managing
Underwriter
or
Underwriters
,
subject
to
the
consent
of
ETE
not
to
be
unreasonably
withheld
.
No
Selling
Holder
may
participate
in
such
Underwritten
Offering
unless
such
Selling
Holder
agrees
to
sell
its
Registrable
Securities
on
the
basis
provided
in
such
underwriting
agreement
and
completes
and
executes
all
questionnaires
,
powers
of
attorney
,
indemnities
and
other
documents
reasonably
required
under
the
terms
of
such
underwriting
agreement
.
Each
Selling
Holder
may
,
at
its
option
,
require
that
any
or
all
of
the
representations
and
warranties
by
,
and
the
other
agreements
on
the
part
of
,
ETP
to
and
for
the
benefit
of
such
underwriters
also
be
made
to
and
for
such
Selling
Holders
benefit
and
that
any
or
all
of
the
conditions
precedent
to
the
obligations
of
such
underwriters
under
such
underwriting
agreement
also
be
conditions
precedent
to
its
obligations
.
No
Selling
Holder
shall
be
required
to
make
any
representations
or
warranties
to
or
agreements
with
ETP
other
than
representations
,
warranties
or
agreements
regarding
such
Selling
Holder
and
its
ownership
of
the
securities
being
registered
on
its
behalf
and
its
intended
method
of
distribution
and
any
other
representation
required
by
law
.
If
any
Selling
Holder
disapproves
of
the
terms
of
an
underwriting
,
such
Selling
Holder
may
elect
to
withdraw
therefrom
by
notice
to
ETP
and
the
Managing
Underwriter
;
provided
,
however
,
that
such
withdrawal
must
be
made
up
to
and
including
the
time
of
pricing
of
such
offering
to
be
effective
.
No
such
withdrawal
or
abandonment
shall
affect
ETPs
obligation
to
pay
Registration
Expenses
.