Document ID: 15583

Text:
{W5670291.3} 3 alleged violation by the indemnifying party (or any of its agents or Affiliates) of the Securities Act, the Exchange Act, any state securities law, or any rule or regulation promulgated under the Securities Act, the Exchange Act, or any state securities law. (k) Delaware LP Act means the Delaware Revised Uniform Limited Partnership Act. ( l) Exchange Act means the Securities Exchange Act of 1934 , as amended from time to time, and the rules and regulations of the Commission promulgated thereunder. (m) Excluded Registration means (i) a registration relating to the sale of securities to employees of the Parent or an Affiliate pursuant to an equity option, purchase, or similar plan; (ii) a registration relating to an SEC Rule 145 transaction; (iii) a registration on any form that does not include substantially the same information as would be required to be included in a registration statement covering the sale of the Registrable Securities; or (iv) a registration in which the only Common Units being registered are Common Units issuable upon conversion of debt securities that are also being registered. (n) GAAP has the meaning set forth in Section 2.8. (o) General Partner means Sprague Resources GP LLC, a Delaware limited liability company. (p) Governmental Authority means, with respect to a particular Person, any country, state, county, city and political subdivision in which such Person or such Persons Property is located or which exercises valid jurisdiction over any such Person or such Persons Property, and any court, agency, department, commission, board, bureau or instrumentality of any of them (including the Internal Revenue Service and any foreign, state or local tax authorities) and any monetary authority that exercises valid jurisdiction over any such Person or such Persons Property. (q) Investor has the meaning set forth in the introductory paragraph to this Agreement. (r) Knowledge, including the phrase to the knowledge of the Parent, or similar phrases, shall mean the actual knowledge of David Glendon and Gary Rinaldi. (s) Law means any applicable federal, state, local or foreign order, writ, injunction, judgment, settlement, award, decree, statute, law, rule, rule of common law or regulation promulgated by a Governmental Authority. (t) Lien means any interest in Property securing an obligation owed to, or a claim by, a Person other than the owner of the Property, whether such interest is based on the common law, statute or contract, and whether such obligation or claim is fixed or contingent, and including, the lien or security interest arising from a mortgage, encumbrance, pledge,

Named Entities:
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24
Act
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28
Act
59
61
Act
78
82
Act
147
149
Regulation
319
321
Court

Tokenized Text:
{
W5670291
.
3
}
3
alleged
violation
by
the
indemnifying
party
(
or
any
of
its
agents
or
Affiliates
)
of
the
Securities
Act
,
the
Exchange
Act
,
any
state
securities
law
,
or
any
rule
or
regulation
promulgated
under
the
Securities
Act
,
the
Exchange
Act
,
or
any
state
securities
law
.
(
k
)
Delaware
LP
Act
means
the
Delaware
Revised
Uniform
Limited
Partnership
Act
.
(
l
)
Exchange
Act
means
the
Securities
Exchange
Act
of
1934
,
as
amended
from
time
to
time
,
and
the
rules
and
regulations
of
the
Commission
promulgated
thereunder
.
(
m
)
Excluded
Registration
means
(
i
)
a
registration
relating
to
the
sale
of
securities
to
employees
of
the
Parent
or
an
Affiliate
pursuant
to
an
equity
option
,
purchase
,
or
similar
plan
;
(
ii
)
a
registration
relating
to
an
SEC
Rule
145
transaction
;
(
iii
)
a
registration
on
any
form
that
does
not
include
substantially
the
same
information
as
would
be
required
to
be
included
in
a
registration
statement
covering
the
sale
of
the
Registrable
Securities
;
or
(
iv
)
a
registration
in
which
the
only
Common
Units
being
registered
are
Common
Units
issuable
upon
conversion
of
debt
securities
that
are
also
being
registered
.
(
n
)
GAAP
has
the
meaning
set
forth
in
Section
2
.
8
.
(
o
)
General
Partner
means
Sprague
Resources
GP
LLC
,
a
Delaware
limited
liability
company
.
(
p
)
Governmental
Authority
means
,
with
respect
to
a
particular
Person
,
any
country
,
state
,
county
,
city
and
political
subdivision
in
which
such
Person
or
such
Persons
Property
is
located
or
which
exercises
valid
jurisdiction
over
any
such
Person
or
such
Persons
Property
,
and
any
court
,
agency
,
department
,
commission
,
board
,
bureau
or
instrumentality
of
any
of
them
(
including
the
Internal
Revenue
Service
and
any
foreign
,
state
or
local
tax
authorities
)
and
any
monetary
authority
that
exercises
valid
jurisdiction
over
any
such
Person
or
such
Persons
Property
.
(
q
)
Investor
has
the
meaning
set
forth
in
the
introductory
paragraph
to
this
Agreement
.
(
r
)
Knowledge
,
including
the
phrase
to
the
knowledge
of
the
Parent
,
or
similar
phrases
,
shall
mean
the
actual
knowledge
of
David
Glendon
and
Gary
Rinaldi
.
(
s
)
Law
means
any
applicable
federal
,
state
,
local
or
foreign
order
,
writ
,
injunction
,
judgment
,
settlement
,
award
,
decree
,
statute
,
law
,
rule
,
rule
of
common
law
or
regulation
promulgated
by
a
Governmental
Authority
.
(
t
)
Lien
means
any
interest
in
Property
securing
an
obligation
owed
to
,
or
a
claim
by
,
a
Person
other
than
the
owner
of
the
Property
,
whether
such
interest
is
based
on
the
common
law
,
statute
or
contract
,
and
whether
such
obligation
or
claim
is
fixed
or
contingent
,
and
including
,
the
lien
or
security
interest
arising
from
a
mortgage
,
encumbrance
,
pledge
,