Document ID: 15559

Text:
THIS SECURITY HAS NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND IS SUBJECT TO THE TERMS OF THE SECOND AMENDED AND RESTATED LIMITED PARTNERSHIP AGREEMENT, AS AMENDED, OF ENERGY TRANSFER PARTNERS, L.P. THE HOLDER OF THIS SECURITY ACKNOWLEDGES FOR THE BENEFIT OF ENERGY TRANSFER PARTNERS, L.P. THAT THIS SECURITY MAY NOT BE SOLD, OFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED IF SUCH TRANSFER WOULD (A) VIOLATE THE THEN APPLICABLE FEDERAL OR STATE SECURITIES LAWS OR RULES AND REGULATIONS OF THE SECURITIES AND EXCHANGE COMMISSION, ANY STATE SECURITIES COMMISSION OR ANY OTHER GOVERNMENTAL AUTHORITY WITH JURISDICTION OVER SUCH TRANSFER, (B) TERMINATE THE EXISTENCE OR QUALIFICATION OF ENERGY TRANSFER PARTNERS, L.P. UNDER THE LAWS OF THE STATE OF DELAWARE, OR (C) CAUSE ENERGY TRANSER PARTNERS, L.P. TO BE TREATED AS AN ASSOCIATION TAXABLE AS A CORPORATION OR OTHERWISE TO BE TAXED AS AN ENTITY FOR FEDERAL INCOME TAX

Named Entities:
28
31
Act
48
50
Title
56
58
Parties

Tokenized Text:
THIS
SECURITY
HAS
NOT
BEEN
REGISTERED
WITH
THE
SECURITIES
AND
EXCHANGE
COMMISSION
OR
THE
SECURITIES
COMMISSION
OF
ANY
STATE
IN
RELIANCE
UPON
AN
EXEMPTION
FROM
REGISTRATION
UNDER
THE
SECURITIES
ACT
OF
1933
,
AS
AMENDED
,
AND
IS
SUBJECT
TO
THE
TERMS
OF
THE
SECOND
AMENDED
AND
RESTATED
LIMITED
PARTNERSHIP
AGREEMENT
,
AS
AMENDED
,
OF
ENERGY
TRANSFER
PARTNERS
,
L
.
P
.
THE
HOLDER
OF
THIS
SECURITY
ACKNOWLEDGES
FOR
THE
BENEFIT
OF
ENERGY
TRANSFER
PARTNERS
,
L
.
P
.
THAT
THIS
SECURITY
MAY
NOT
BE
SOLD
,
OFFERED
,
RESOLD
,
PLEDGED
OR
OTHERWISE
TRANSFERRED
IF
SUCH
TRANSFER
WOULD
(
A
)
VIOLATE
THE
THEN
APPLICABLE
FEDERAL
OR
STATE
SECURITIES
LAWS
OR
RULES
AND
REGULATIONS
OF
THE
SECURITIES
AND
EXCHANGE
COMMISSION
,
ANY
STATE
SECURITIES
COMMISSION
OR
ANY
OTHER
GOVERNMENTAL
AUTHORITY
WITH
JURISDICTION
OVER
SUCH
TRANSFER
,
(
B
)
TERMINATE
THE
EXISTENCE
OR
QUALIFICATION
OF
ENERGY
TRANSFER
PARTNERS
,
L
.
P
.
UNDER
THE
LAWS
OF
THE
STATE
OF
DELAWARE
,
OR
(
C
)
CAUSE
ENERGY
TRANSER
PARTNERS
,
L
.
P
.
TO
BE
TREATED
AS
AN
ASSOCIATION
TAXABLE
AS
A
CORPORATION
OR
OTHERWISE
TO
BE
TAXED
AS
AN
ENTITY
FOR
FEDERAL
INCOME
TAX