Third Amendment to Pipelines and Terminals Agreement



 Exhibit 10.6 
 THIRD AMENDMENT 
 TO PIPELINES AND TERMINALS AGREEMENT 

This Third Amendment (the “Third Amendment”) to the Pipelines and Terminals Agreement dated February 28, 2005 (the
“Original Agreement”), by and between Holly Energy Partners, L.P. (“HEP”) and Alon USA, L.P. (“ALON” and, collectively with HEP, the “Parties”), is entered into as of the      day of June,
2011. 
 WHEREAS, the Original Agreement has been previously amended by (i) a Letter Agreement dated January 25, 2005,
(ii) a Second Letter Agreement dated June 29, 2007, (iii) a Third Letter Agreement dated April 1, 2011, (iv) a First Amendment of Pipelines and Terminals Agreement dated effective September 1, 2008, and (v) a
Second Amendment to Pipelines and Terminals Agreement dated March 1, 2011 (the Original Agreement, as amended to the date hereof, being referred to herein as the “Agreement”); and 

NOW, THEREFORE, the Parties agree that the Agreement is hereby amended as follows: 

1. Section 15(a)(vi). Section 15(a)(vi) of the Agreement is hereby amended by adding the following language to
the end of the first sentence of that Section: 
 and (C) any offset credited to Alon in accordance with
Section 15(d) below as a result of prior Net Excess Revenues. 
 2. Section 15(d).
Section 15(d) of the Agreement is hereby amended and restated so that it shall read in its entirety as follows: 

(d) Commencing January 1, 2011 no Deficiency Payments made in any prior calendar year can be used by Alon to offset pipeline
tariff and terminal fee payment obligations for volumes shipped or terminalled in excess of its Minimum Volume Commitment with respect to a Contract Quarter occurring in any subsequent calendar year. Deficiency Payments made with respect to all
periods after January 1, 2011 may be used by Alon to offset Alon’s pipeline tariff and terminal fee payment obligations for volumes shipped or terminalled in excess of its Minimum Volume Commitment for any subsequent Contract Quarter
during only that same calendar year. Commencing with the first Contract Quarter of 2011 and for all Contract Quarters thereafter, in the event Alon has paid pipeline tariffs or terminal fees with respect to volumes shipped during a Contract Quarter
in excess of its Minimum Volume Commitment with respect to such Contract Quarter (“Net Excess Revenues”), Alon may use such Net Excess Revenues to offset Alon’s pipeline tariff and terminal fee payment obligations with respect to
subsequent Contract Quarters in that same 

  
 - 1 -









 
calendar year and Contract Quarters ending in the next succeeding calendar year. 
 (a) All Provisions in Effect. Except as amended hereby, all of the terms and conditions of the Agreement shall remain in full force and effect as provided therein. 

[Signatures appear on the following page.] 

  
 - 2 -









 This Third Amendment has been executed as of the date first above written. 

 

					
	HEP:
	
	HOLLY ENERGY PARTNERS, L.P.
		
	By:	 	 HEP Logistics Holdings, L.P.,
 General Partner

			
		 	By:	 	 Holly Logistic Services, L.L.C.,
 General Partner

			
		 	By:	 	  

		 	Name:	 	  

		 	Title:	 	  

		 	Date:	 	  

	
	ALON:
	
	ALON USA, L.P.
		
	By:	 	ALON USA GP, LLC, General Partner
			
		 	By:	 	  

		 	Name:	 	  

		 	Title:	 	  

		 	Date:	 	  



 [SIGNATURE PAGE TO THIRD
AMENDMENT TO PIPELINES AND TERMINALS AGREEMENT]