EX-10.2


 Exhibit 10.2 

PURCHASE RIGHTS AGREEMENT 

This PURCHASE RIGHTS AGREEMENT (this “Agreement”) is entered into effective as of May 4, 2015 (the “Effective
Date”) by and among Enviva Partners, LP, a Delaware limited partnership (the “Partnership”), Enviva Partners GP, LLC, a Delaware limited liability company and the general partner of the Partnership (the “General
Partner,” and together with the Partnership and the Subsidiaries of the Partnership, the “Partnership Group”), and Enviva Holdings, LP, a Delaware limited partnership (the “Sponsor” and together with its
Subsidiaries other than the Partnership Group, the “Sponsor Entities”). The above-named entities are sometimes referred to in this Agreement each as a “Party” and collectively as the “Parties.” 

RECITALS: 
 WHEREAS,
concurrently with the execution of this Agreement, Enviva MLP Holdco, LLC, a Delaware limited liability company and a wholly-owned Subsidiary of the Sponsor (“MLP Holdco”), will contribute all of its equity interests in certain
subsidiaries of the Sponsor to the Partnership (the “Contribution”), including all of the limited partnership interests in Enviva, LP, a Delaware limited partnership, and all of the limited liability company interests in Enviva GP,
LLC, a Delaware limited liability company, in exchange for limited partner interests in the Partnership; and 
 WHEREAS, in connection with
the Contribution, the Parties desire by their execution of this Agreement to evidence their understanding, as more fully set forth in this Agreement, with respect to the Partnership’s right of first offer with respect to the ROFO Assets (as
defined herein). 
 NOW, THEREFORE, in consideration of the premises and the covenants, conditions and agreements contained herein, and for
other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows: 

ARTICLE 1 
 DEFINITIONS

 1.1 Definitions. As used in this Agreement, the following terms have the respective meanings set forth below: 

“Affiliate” means, with respect to any Person, any other Person who directly or indirectly controls, is controlled by, or is
under direct or indirect common control with, such Person, and includes any Person in like relation to an Affiliate. A Person shall be deemed to “control” another Person if such Person possesses, directly or indirectly, the power to
direct or cause the direction of the management and policies of such other Person, whether through the ownership of Voting Securities, by contract or otherwise; and the term “controlled” shall have a similar meaning. Without
limiting the generality of the foregoing, it is agreed that any Person that owns or controls, directly or indirectly, 50% or more of the Voting Securities of another Person shall be deemed for purposes of this Agreement to control such other Person.

 “Agreement” has the meaning given such term in the introduction to this Agreement. 






 “Arbitration Award” has the meaning given such term in Section 3.16.

 “Cause” has the meaning given such term in the Partnership Agreement. 

“Change of Control” means, with respect to any Person (the “Applicable Person”), any of the following
events: 
 (a) any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all or
substantially all of the Applicable Person’s assets to any other Person, unless immediately following such sale, lease, exchange or other transfer such assets are owned, directly or indirectly, by the Applicable Person; 

(b) the dissolution or liquidation of the Applicable Person; 

(c) the consolidation or merger of the Applicable Person with or into another Person, other than any such transaction where:

 (i) the outstanding Voting Securities of the Applicable Person are changed into or exchanged for Voting Securities of the
surviving Person or its parent; and 
 (ii) the holders of the Voting Securities of the Applicable Person immediately prior
to such transaction own, directly or indirectly, not less than a majority of the outstanding Voting Securities of the surviving Person or its parent immediately after such transaction; and 

(d) a “person” or “group” (within the meaning of Sections 13(d) or 14(d)(2) of the Exchange Act) being
or becoming the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act) of more than 50% of all of the then outstanding Voting Securities of the Applicable Person, except in a merger or consolidation that would not
constitute a Change of Control under clause (c) above. 
 “Common Units” has the meaning given such term in the
Partnership Agreement. 
 “Contribution” has the meaning given such term in the Recitals. 

“Contribution Agreement” means that certain Contribution Agreement dated , 2015, by and among the Sponsor, MLP Holdco, the
Partnership and Enviva, LP, a Delaware limited partnership, pursuant to which MLP Holdco will make the Contribution to the Partnership. 

“Discussion Date” has the meaning given such term in Section 3.17. 

“Effective Date” has the meaning given such term in the introduction to this Agreement. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“General Partner” has the meaning given such term in the introduction to this Agreement. 

  
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 “Governmental Authority” means: 

(a) any domestic or foreign government, whether national, federal, state provincial, territorial, municipal or local (whether
administrative, legislative, executive or otherwise); 
 (b) any agency, authority, ministry, department, regulatory body,
court, central bank, bureau, board or other instrumentality having legislative, judicial, taxing, regulatory, prosecutorial or administrative powers or functions of, or pertaining to, government; 

(c) any court, tribunal, commission, individual, arbitrator, arbitration panel or other body having adjudicative, regulatory,
judicial, quasi-judicial, administrative or similar functions; and 
 (d) any other body or entity created under the
authority of or otherwise subject to the jurisdiction of any of the foregoing, including any stock or other securities exchange or professional association. 

“MLP Holdco” has the meaning given such term in the Recitals. 

“Partnership” has the meaning given such term in the introduction to this Agreement. 

“Partnership Agreement” means the First Amended and Restated Agreement of Limited Partnership of Enviva Partners, LP dated as
of the Effective Date, as it may be amended from time to time. 
 “Partnership Entities” means any of the entities that are
part of the Partnership Group. 
 “Partnership Group” has the meaning given such term in the introduction to this
Agreement. 
 “Party” or “Parties” have the meaning given such term in the introduction to this Agreement.

 “Person” is to be construed broadly and includes an individual, partnership, corporation, business trust, limited
liability company, limited liability partnership, joint stock company, trust, unincorporated association, joint venture or other entity or a Governmental Authority. 

“Proposed Transaction” has the meaning given such term in Section 2.2(a). 

“ROFO” has the meaning given such term in Section 2.1(a). 

“ROFO Assets” means the assets listed on Schedule I of this Agreement, as well as any other wood pellet
processing plant or wood pellet export terminal that any Sponsor Entity owns at any time during the term of the Agreement, in each case only if and when the construction of such asset is substantially complete. 

  
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 “ROFO Notice” has the meaning given such term in Section 2.2(a).

 “ROFO Period” has the meaning given such term in Section 2.1(a). 

“ROFO Response” has the meaning given such term in Section 2.2(a). 

“Sponsor” has the meaning given such term in the introduction to this Agreement. 

“Sponsor Entities” has the meaning given such term in the introduction to this Agreement. 

“Subsidiary” means, with respect to any Person, (a) a corporation of which more than 50% of the voting power of shares
entitled (without regard to the occurrence of any contingency) to vote in the election of directors or other governing body of such corporation is owned, directly or indirectly, at the date of determination, by such Person, by one or more
Subsidiaries of such Person or by a combination thereof, (b) a partnership (whether general or limited) or limited liability company in which such Person or a Subsidiary of such Person is, at the date of determination, a general partner of such
partnership or managing member of such limited liability company or (c) any other Person in which such Person, one or more Subsidiaries of such Person, or a combination thereof, directly or indirectly, at the date of determination, has
(i) at least a majority ownership interest or (ii) the power to elect or direct the election of a majority of the directors or other governing body of such Person. 

“Transfer” means to, directly or indirectly, sell, assign, lease, convey, transfer or otherwise dispose of, whether in one or
a series of transactions; provided, however, that in no event shall a Change of Control of the Sponsor be deemed a Transfer. 

“Voting Securities” of a Person means securities of any class of such Person entitling the holders thereof to vote in the
election of, or to appoint, members of the board of directors or other similar governing body of the Person; provided that, if such Person is a limited partnership, Voting Securities of such Person shall be the general partner interest in
such Person. 
 ARTICLE 2 

RIGHT OF FIRST OFFER 
 2.1
Right of First Offer to Purchase Certain Assets Owned by the Sponsor Entities. 
 (a) The Sponsor hereby grants
to the Partnership a right of first offer (the “ROFO”) for a period of five years from the Effective Date (the “ROFO Period”) on each ROFO Asset to the extent that any Sponsor Entity proposes to Transfer any ROFO
Asset (other than to an Affiliate of the Sponsor Entities who agrees in writing that such ROFO Asset remains subject to the provisions of this Article 2 and assumes the obligations under this Article 2 with respect to such
ROFO Asset). 
 (b) The Parties acknowledge that any Transfer of ROFO Assets pursuant to the ROFO is subject to the terms of
all existing agreements with respect to the ROFO Assets and shall be subject to and conditioned on the obtaining of any and all necessary consents of security holders, joint venture partners, governmental authorities, lenders or other third parties.


  
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 2.2 Procedures. 

(a) If any Sponsor Entity proposes to Transfer any ROFO Asset (other than to an Affiliate as described in
Section 2.1(a)) during the ROFO Period (a “Proposed Transaction”), the Sponsor shall, or shall cause such Sponsor Entity to, prior to entering into any such Proposed Transaction, first give notice in writing to the
Partnership (the “ROFO Notice”) of its intention to enter into such Proposed Transaction. The ROFO Notice shall include any material terms, conditions and other details as would be reasonably necessary for the Partnership to make a
responsive offer to enter into the Proposed Transaction with the applicable Sponsor Entity, which terms, conditions and details shall include any material terms, condition or other details that such Sponsor Entity would propose to provide to
non-Affiliates in connection with the Proposed Transaction. 
 (b) The Partnership shall have 30 days following receipt of
the ROFO Notice to propose an offer to enter into the Proposed Transaction with Sponsor or the Sponsor Entity that provided such ROFO Notice (the “ROFO Response”). The ROFO Response shall set forth the terms and conditions
(including, without limitation, the purchase price the Partnership proposes to pay for the ROFO Asset and the other terms of the purchase) pursuant to which the Partnership would be willing to enter into a binding agreement for the Proposed
Transaction. If no ROFO Response is delivered by the Partnership within such 30-day period, then the Partnership shall be deemed to have waived the ROFO with respect to such ROFO Asset, and Sponsor or the applicable Sponsor Entity shall be free to
enter into the Proposed Transaction with any third party on terms and conditions determined in the sole discretion of Sponsor or the applicable Sponsor Entity. 

(c) If the Partnership submits a ROFO Response, the Sponsor shall, or shall cause such Sponsor Entity to negotiate exclusively
and in good faith with the Partnership for a period of 45 days in order to give the Partnership an opportunity to enter into a letter of intent or definitive documentation for the purchase and sale of such ROFO Asset on terms that are mutually
acceptable to the Sponsor Entity and the Partnership. If the Sponsor Entity and the Partnership have not entered into a letter of intent or a definitive purchase and sale agreement with respect to such ROFO Asset within such time period, or if any
such letter of intent or agreement is entered into but subsequently terminated, the Sponsor Entity may, at any time during the succeeding 150-day period, enter into a definitive purchase and sale agreement with any third party with respect to such
ROFO Asset on terms and conditions that, when taken as a whole, are superior, in the good faith determination of such Sponsor Entity, to those set forth in the last written offer proposed by the Partnership during negotiations between the
Partnership and the Sponsor Entity pursuant to this Section 2.2(c), and may Transfer the ROFO Asset pursuant to such purchase and sale agreement. If Sponsor or any Sponsor Entity does not enter into a definitive agreement with a third
party with respect to the Proposed Transaction within such 150-day period, the Sponsor shall, or shall cause such Sponsor Entity to, comply with the provisions of this Article 2 again prior to entering into any Proposed Transaction with respect to
such ROFO Asset. 

  
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 ARTICLE 3 

MISCELLANEOUS 
 3.1
Choice of Law; Submission to Jurisdiction. This Agreement shall be subject to and governed by the laws of the State of New York, excluding any conflicts-of-law rule or principle that might refer the construction or interpretation of
this Agreement to the laws of another state. Each Party hereby submits to the jurisdiction of the state and federal courts in the State of New York and to venue in New York.  

3.2 Notice. All notices, requests or consents provided for or permitted to be given pursuant to this Agreement must be in
writing and must be given by depositing same in the United States mail, addressed to the Person to be notified, postpaid, and registered or certified with return receipt requested or by delivering such notice in person or by telegram to such Party.
Notice given by personal delivery or mail shall be effective upon actual receipt. Notice given by telegram shall be effective upon actual receipt if received during the recipient’s normal business hours, or at the beginning of the
recipient’s next business day after receipt if not received during the recipient’s normal business hours. All notices to be sent to a Party pursuant to this Agreement shall be sent to or made at the address set forth below or at such other
address as such Party may stipulate to the other Parties in the manner provided in this Section 3.2. 
 For notices to any of
the Sponsor Entities: 
 Enviva Holdings, LP 

7200 Wisconsin Avenue, Suite 1000 

Bethesda, Maryland 20814 
 Phone:
(301) 657-5560 
 Attention: General Counsel 

For notices to any of the Partnership Entities: 

Enviva Partners, LP 
 7200
Wisconsin Avenue, Suite 1000 
 Bethesda, Maryland 20814 

Phone: (301) 657-5560 

Attention: General Counsel 

3.3 Entire Agreement. This Agreement constitutes the entire agreement of the Parties relating to the matters contained
herein, superseding all prior contracts or agreements, whether oral or written, relating to the matters contained herein, other than the Contribution Agreement.  

3.4 Termination. This Agreement shall terminate upon the earlier to occur of (i) the fifth anniversary of the
Effective Date and (ii) a Change of Control of the General Partner or the Partnership, other than any Change of Control of the General Partner or the Partnership deemed to have occurred pursuant to clause (d) of the definition of
Change of Control solely as a result of  

  
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a Change of Control of the Sponsor. Notwithstanding any other provision of this Agreement, if the General Partner is removed as general partner of the Partnership under circumstances where Cause
does not exist and the Common Units held by the General Partner and its Affiliates are not voted in favor of such removal, this Agreement may immediately thereupon be terminated by the Sponsor. 

3.5 Effect of Waiver or Consent. No waiver or consent, express or implied, by any Party to or of any breach or default by
any Person in the performance by such Person of its obligations hereunder shall be deemed or construed to be a consent or waiver to or of any other breach or default in the performance by such Person of the same or any other obligations of such
Person hereunder. Failure on the part of a Party to complain of any act of any Person or to declare any Person in default, irrespective of how long such failure continues, shall not constitute a waiver by such Party of its rights hereunder until the
applicable statute of limitations period has run.  
 3.6 Amendment or Modification. This Agreement may be
amended or modified from time to time only by the written agreement of all the Parties. Each such instrument shall be reduced to writing and shall be designated on its face an “Amendment” or an “Addendum” to this Agreement. 

 3.7 Assignment; Third Party Beneficiaries. No Party may assign its rights or obligations under this Agreement
without the consent of the other Parties. Each of the Parties hereto specifically intends that each entity comprising the Sponsor Entities and each entity comprising the Partnership Entities, as applicable, whether or not a Party to this Agreement,
shall be entitled to assert rights and remedies hereunder as third-party beneficiaries hereto with respect to those provisions of this Agreement affording a right, benefit or privilege to any such entity.  

3.8 Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an
original, but all of which shall constitute one and the same agreement. The delivery of an executed counterpart copy of this Agreement by facsimile or electronic transmission in PDF format shall be deemed to be the equivalent of delivery of the
originally executed copy thereof. 
 3.9 Severability. If any term or other provision of this Agreement is
invalid, illegal or incapable of being enforced by any applicable rule of law or public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal substance of
the transactions contemplated hereby is not affected in any manner materially adverse to any Party. Upon such determination that any term or other provision is invalid, illegal or incapable of being enforced, the Parties hereto shall negotiate in
good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an acceptable manner to the end that transactions contemplated hereby are fulfilled to the extent possible.  

3.10 Gender, Parts, Articles and Sections. Whenever the context requires, the gender of all words used in this Agreement
shall include the masculine, feminine and neuter, and the number of all words shall include the singular and plural. All references to Article numbers and Section numbers refer to Articles and Sections of this Agreement.  

  
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 3.11 Further Assurances. In connection with this Agreement and all
transactions contemplated by this Agreement, each Party agrees to execute and deliver such additional documents and instruments and to perform such additional acts as may be necessary or appropriate to effectuate, carry out and perform all of the
terms, provisions and conditions of this Agreement and all such transactions.  
 3.12 Withholding or Granting of
Consent. Except as otherwise expressly provided in this Agreement, each Party may, with respect to any consent or approval that it is entitled to grant pursuant to this Agreement, grant or withhold such consent or approval in its sole and
uncontrolled discretion, with or without cause, and subject to such conditions as it shall deem appropriate.  
 3.13
Laws and Regulations. Notwithstanding any provision of this Agreement to the contrary, no Party shall be required to take any act, or fail to take any act, under this Agreement if the effect thereof would be to cause such Party to be
in violation of any applicable law, statute, rule or regulation.  
 3.14 Negation of Rights of Limited Partners,
Assignees and Third Parties. Except as set forth in Section 3.7, the provisions of this Agreement are enforceable solely by the Parties, and no shareholder, limited partner, member, or assignee of the Sponsor, the General
Partner, the Partnership or other Person shall have the right, separate and apart from the Sponsor, the General Partner or the Partnership, to enforce any provision of this Agreement or to compel any Party to comply with the terms of this Agreement.
 
 3.15 No Recourse Against Officers and Directors. For the avoidance of doubt, the provisions of this
Agreement shall not give rise to any right of recourse against any officer or director of any Sponsor Entity or any Partnership Entity.  

3.16 Arbitration. Any dispute, controversy or claim arising out of or in connection with this Agreement shall be settled by
final and binding arbitration conducted in Bethesda, Maryland in accordance with the Commercial Arbitration Rules of the American Arbitration Association by one or more arbitrators designated in accordance with said Rules. The Parties agree that the
award of the arbitral tribunal (the “Arbitration Award”) shall be: (a) conclusive, final and binding upon the Parties; and (b) the sole and exclusive remedy between the Parties regarding any and all claims and
counterclaims presented to the arbitral tribunal. All notices to be given in connection with the arbitration shall be as provided in Section 3.2 of this Agreement. The Arbitration Award shall include interest, at a rate determined as
appropriate by the arbitrators, from the date of any breach or other violation of this Agreement to the date when the Arbitration Award is paid in full. The Arbitration Award shall also include the fixing of the expense of the arbitration and the
assessment of the same, as is appropriate in the opinion of the arbitrators, against either or both Parties hereto. Each Party shall otherwise bear its cost for its respective legal fees, witnesses, depositions and other out-of-pocket expenses
incurred in the course of the arbitration. 
 3.17 Dispute Resolution. If there is a material breach of this Agreement that
has not been corrected within thirty (30) days of receipt of notice of such breach, representatives of each of the Parties in dispute shall meet promptly to review and resolve such issues and breaches in


  
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good faith (the date on which such Persons first so meet, the “Discussion Date”). If such Persons are unable to fully resolve any such issues and breaches in good faith within
fifteen days after the Discussion Date, a Party shall be entitled to pursue any right or remedy available at law or in equity. 

[Signature pages follow.]  

  
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 IN WITNESS WHEREOF, the Parties have executed this Agreement on, and effective as of, the
Effective Date. 
  

			
	ENVIVA PARTNERS, LP
		
	By:		Enviva Partners GP, LLC,
			as its sole general partner
		
	By:		 /s/ William H. Schmidt, Jr.

	Name:		William H. Schmidt, Jr.
	Title:		Executive Vice President, General Counsel and Secretary
	
	ENVIVA PARTNERS GP, LLC
		
	By:		 /s/ William H. Schmidt, Jr.

	Name:		William H. Schmidt, Jr.
	Title:		Executive Vice President, General Counsel and Secretary
	
	ENVIVA HOLDINGS, LP
		
	By:		Enviva Holdings GP, LLC,
			as its sole general partner
		
	By:		 /s/ William H. Schmidt, Jr.

	Name:		William H. Schmidt, Jr.
	Title:		Executive Vice President, General Counsel and Secretary


 [Signature Page to Purchase Rights Agreement] 






 Schedule I 

ROFO Assets 
  

			
	 Asset
	  	 Owner

	A 510,000 metric ton per year (“MTPY”) wood pellet production plant located in Southampton County, Virginia	  	Enviva Pellets Southampton, LLC
	A 500,000 MTPY wood pellet production plant located in Richmond County, North Carolina	  	Enviva Pellets Hamlet, LLC
	A 500,000 MTPY wood pellet production plant located in Sampson County, North Carolina	  	Enviva Pellets Sampson, LLC
	A 500,000 MTPY wood pellet production plant located in Laurens County, South Carolina	  	Enviva Pellets Laurens, LLC
	A deep-water marine wood pellet export terminal located at the Port of Wilmington in Wilmington, North Carolina	  	Enviva Port of Wilmington, LLC