|     |  (a)         the execution, delivery and performance by Borrower of this Fourth Amendment are within the corporate powers of Borrower, have been duly authorized by all necessary corporate action and require no action by or in respect of, consent of or filing or recording with, any governmentalor regulatory body, instrumentality, authority, agency or official or any other Person; |
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|     |  (b)         the execution, delivery and performance by Borrower of this Fourth Amendment do not conflict with, or result in a breach of the terms, conditions or provisions of, or constitute a default under or result in any violation of, the terms of the Articles of Incorporation or Bylaws of Borrower,any applicable law, rule, regulation, order, writ, judgment or decree of any court or governmental or regulatory body, instrumentality authority, agency or official or any agreement, document or instrument to which Borrower is a party or by which Borrower or any of its property is bound or to which Borrower or any of its property is subject; |
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|     |  (c)         this Fourth Amendment has been duly executed and delivered by Borrower and constitutes the legal, valid and binding obligation of Borrower enforceable against Borrower in accordance with its terms, except as such enforceability may be limited by (i) applicable bankruptcy, insolvencyor similar laws affecting the enforcement of creditors’ rights generally and (ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law); |
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|     |  (d)         all of the representations and warranties made by Borrower in the Agreement and/or in any of the other Transaction Documents are true and correct in all material respects on and as of the date of this Fourth Amendment as if made on and as of the date of this Fourth Amendment; and |
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|     |  (e)         as of the date of this Fourth Amendment, no Default or Event of Default under or within the meaning of the Agreement has occurred and is continuing. |
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|     |  (c)         the following organizational documents of Borrower:  (i) a copy of resolutions of the Board of Directors of Borrower, duly adopted, which authorize the execution, delivery and performance of this Amendment; (ii) an incumbency certificate, executed by the Secretary of Borrower,which shall identify by name and title and bear the signatures of all of the officers of Borrower executing this Fourth Amendment; and (iii) a certificate of corporate good standing of Borrower issued by the Secretary of State of the State of Missouri, or other evidence of good standing satisfactory to Lender; |
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|     |  (d)         the following organizational documents of Laclede Energy:  (i) a copy of resolutions of the Board of Directors of Laclede Energy, duly adopted, which authorize the execution, delivery and performance of the Consent of Guarantor; (ii) an incumbency certificate, executed bythe Secretary of Laclede Energy, which shall identify by name and title and bear the signatures of all of the officers of Borrower executing the Consent of Guarantor; and (iii) a certificate of corporate good standing of Laclede Energy issued by the Secretary of State of the State of Missouri, or other evidence of good standing satisfactory to Lender; |
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|                        Borrower:                      |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                     |
|                        THELACLEDE GROUP, INC.         |
|                                                                                                                                                                     |   |
|                        By:             | /s/ Lynn D. Rawlings |   |
|                                                                                                                                                                     | Lynn D. Rawlings, Treasurer and Assistant Secretary |
|                                                                                                                                                                     |   |
|                                                                                                                                                                     |   |
|                                                                                                                                                                     |   |
|                                                                                                                                                                     |   |
|                        Lender:                        |
|                                                                                                                                                                     |   |
|                        U.S.BANK NATIONAL ASSOCIATION, |
|                                                                                                                                                                     |   |
|                        By:                            | /s/ Karen Meyer |   |
|                                                                                                                                                                     | Karen Meyer, Vice President |
|                                                                                                                                                                     |   |