Document:

Arch Chemicals, Inc. Senior Management Incentive Compensation Plan

 Exhibit 10.3 
 ARCH CHEMICALS, INC. 
 SENIOR MANAGEMENT INCENTIVE COMPENSATION PLAN 

 (As amended and restated effective January 1, 2010 
 for awards granted after December 31, 2009) 
 Section 1. Purpose. The purposes of the Senior Management Incentive Compensation Plan (the “Plan”) are (i) to compensate selected members of senior management of Arch Chemicals, Inc. (the “Company”) on
an individual basis for significant contributions to the Company and its subsidiaries and (ii) to stimulate the efforts of such members by giving them a direct financial interest in the performance of the Company. 
 Section 2. Definitions. The following terms utilized in this Plan shall have the following meanings: 
 “Committee” shall mean the Compensation Committee of the Board of Directors of the Company or such other committee
of such Board as such Board may from time to time designate; provided only those members of the Compensation Committee (or other Committee designated by such Board) who qualify as “Outside Directors” as defined in Section 162(m) shall
constitute members of the Committee for purposes of the Plan. 
 “Participant” shall mean for a fiscal
year, each salaried employee who is designated as a Participant by the Committee prior to the commencement of such fiscal year (or such later date, if any, as permitted by Section 162(m)); provided for 1999, the Committee shall designate the
Participants prior to April 1, 1999. 
 “Performance Measures” shall mean for a fiscal year any
one or combination of the following: “Cash Flow,” “Cumulative Earnings Per Share Growth,” “Debt (Net Debt) to Capital,” “EBIT,” “EBIT Margins,” “EBITDA,” “EBITDA Margins,”
“Earnings Per Employee,” “Earnings Per Share,” “Free or Excess Cash Flow,” “Free or Excess Cash Flow Per Share,” “Interest Coverage Ratio,” “Leverage Ratio,” “Net Income,”
“Net Profit Margin,” “Operating Cash Flow,” “Operating Income,” “Operating Margins,” “Pre-Tax Profit,” “Pre-Tax Profit Margin,” “Profit Margin,” “Return on Capital,”
“Return on Net Assets,” “Return on Total Assets,” “Return on Equity,” “Sales Growth,” “Sales Per Employee,” “Total Return to Shareholders,” “Working Capital,” and “Working
Capital as a Percent of Net Sales” as the Committee defines them and determines from time to time with respect to such fiscal year; provided such determination would not subject any Incentive Award to Section 162(m). Performance Measures
can also be used on a continuing operations basis instead of a total Company basis as determined by the Committee. 

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 “Section 162(m)” shall mean Section 162(m) of the Internal
Revenue Code of 1986, and the regulations promulgated thereunder, all as amended from time to time. 
 Section 3.
Term. The Plan shall be effective as of February 25, 1999 (the “Effective Date”), and shall be applicable for 1999 and all future fiscal years of the Company unless amended or terminated by the Company pursuant to
Section 7 or as provided in Section 14. This amended and restated Plan shall be effective January 1, 2010 for all awards granted for the fiscal year 2010 and thereafter. 
 Section 4. Incentive Award. 
 4.1 For each fiscal year of the Company, each Participant may be entitled to receive an award payable in cash (“Incentive Award”) in an amount determined by the Committee as provided in this
Plan. Prior to the commencement of a fiscal year (or such later date, if any, as permitted by Section 162(m)) (but in the case of the 1999 fiscal year, prior to April 1, 1999), for the Incentive Awards for such fiscal year, the Committee
will designate or approve (i) the individuals who will be Participants in the Plan, if any, (ii) the Performance Measures and how they are to be defined, (iii) if there is more than one Performance Measure, the weighting of the
Performance Measures in determining the Incentive Award, (iv) the performance goals and payout matrix or formula for each Performance Measure and (v) the target Incentive Award for each Participant. Following the end of a fiscal year, the
Committee shall determine the Incentive Award for each Participant by: 
 (i) comparing actual performance for each measure
against the payout matrix approved for such fiscal year, 
 (ii) multiplying the payout percentage from the payout matrix for
each Performance Measure by the appropriate weighting factor, and 
 (iii) summing the weighted payout percentages and
multiplying their overall payout percentage by the Participant’s target Incentive Award. 
 The Committee is authorized in
its sole and plenary discretion to adjust or modify the calculation of a Performance Measure and its goal to the extent permitted under Section 162(m) of the Code (i) in the event of, or in anticipation of, any unusual or extraordinary
corporate item, transaction, event or development affecting in whole or in part the Company or any of its affiliates (to the extent applicable to such Performance Measure or goal) or (ii) in recognition of, or in anticipation of, any other
unusual or nonrecurring events affecting in whole or in part the Company or any of its affiliates (to the extent applicable to such Performance Measure or goal), or the financial statements of the Company or any of its affiliates (to the extent
applicable to such Performance Measure or goal), or of changes in applicable rules, rulings, regulations or other requirements of any governmental body or securities exchange, accounting principles, law or business condition. 

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 Notwithstanding anything contained in this Plan to the contrary, the Committee in its sole
discretion may reduce any Incentive Award to any Participant to any amount, including zero, prior to the certification by resolution of the Committee of the amount of such Incentive Award; however, the Committee may not reduce an Incentive Award for
a fiscal year after December 31 of such fiscal year for a Participant who is employed by the Company on such date and such Incentive Award shall vest in such Participant on such date. 
 The Committee shall, by resolution of the Committee, certify, prior to payment of an Incentive Award, that the Incentive Award has been
determined in accordance with the provisions of this Plan. 
 Incentive Awards for a fiscal year shall be determined as soon as
practicable after such fiscal year and shall be paid no later than March 15 following such fiscal year. The maximum Incentive Award paid a Participant under this Plan with respect to a fiscal year may not exceed 200% of such Participant’s
annual base salary in effect on December 31 of the immediately preceding fiscal year. 
 4.2 A Participant whose employment
terminates with cause or without the Committee’s written consent during a fiscal year shall forfeit such Participant’s Incentive Award for such fiscal year. 
 4.3 Incentive Awards shall be payable in a single, lump sum. However, the Participant may defer payment if the participant so elects pursuant and subject to the terms of Company’s Employee Deferral
Plan (or its successor). 
 4.4 The Company shall withhold from any Incentive Award or payments made or to be made under this
Plan any amount of withholding taxes due in respect of an Incentive Award, its deferral or payment. 
 4.5 Participation in this
Plan does not exclude Participants from participation in any other benefit or compensation plans or arrangements of the Company, including other bonus or incentive plans. 
 Section 5. Administration and Interpretation. The Plan shall be administered by the Committee, which shall have the sole authority to make rules and regulations for the administration of the
Plan. The interpretations and decisions of the Committee with regard to the Plan shall be final and conclusive. The Committee may request advice or assistance or employ such persons (including, without limitation, legal counsel and accountants) as
it deems necessary for the proper administration of the Plan. 
 Section 6. Administrative Expenses. Any expense
incurred in the administration of the Plan shall be borne by the Company out of its general funds. 
 Section 7.
Amendment or Termination. The Committee may from time to time amend the Plan in any respect or terminate the Plan in whole or in part, provided that no such action

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shall increase the amount of any Incentive Award for which performance goals have been established but which has not yet been earned or paid; provided further that such action will not cause an
Incentive Award to become subject to the deduction limitations contained in Section 162(m). 
 Section 8. No
Assignment. The rights hereunder, including without limitation rights to receive an Incentive Award, shall not be pledged, assigned, transferred, encumbered or hypothecated by an employee of the Company, and during the lifetime of any
Participant any payment of an Incentive Award shall be payable only to such Participant. 
 Section 9. The Company.
For purposes of this Plan, the “Company” shall include the successors and assigns of the Company, and this Plan shall be binding on any corporation or other person with which the Company is merged or consolidated. 
 Section 10. No Right to Employment. The designation of an employee as a Participant or grant of an Incentive Award shall not be
construed as giving a Participant the right to be retained in the employ of the Company or any affiliate or subsidiary. 
 Section 11. Governing Law. The validity, construction and effect of the Plan and any rules and regulations relating to the Plan shall be determined in accordance with the laws of the State of Connecticut and applicable federal
law. 
 Section 12. No Trust. Neither the Plan nor any Incentive Award shall create or be construed to create a
trust or separate fund of any kind or a fiduciary relationship between the Company or any Participant. To the extent any Participant acquires a right to receive payments from the Company in respect to any Incentive Award, such right shall be no
greater than the right of any unsecured general creditor of the Company. 
 Section 13. Section 162(m). It is
the intention of the Company that all payments made under the Plan be excluded from the deduction limitations contained in Section 162(m). Therefore, if any Plan provision is found not to be in compliance with the “performance-based”
compensation exception contained in Section 162(m), that provision shall be deemed amended so that the Plan does so comply to the extent permitted by law and deemed advisable by the Committee, and in all events the Plan shall be construed in
favor of its meeting the “performance-based” compensation exception contained in Section 162(m). 
 Section 14. Shareholder Approval. To the extent required by Section 162(m), this Plan shall be submitted for approval to the shareholders of the Company at the Company’s 2010 Annual Meeting of Shareholders and shall be
resubmitted to such shareholders periodically as required by Section 162(m). If the Plan is not approved by such shareholders within the meaning of Section 162(m) as required, this Plan shall immediately terminate and all Incentive Awards
granted but unpaid at the time of such non-approval shall also terminate.Consent, Distribution Agreement, and Amendment No. 2 to Agreement

 EXHIBIT 10.42 
 CONSENT, DISTRIBUTION AGREEMENT, 
 AND AMENDMENT NO.
2 
 TO 
 AGREEMENT OF LIMITED PARTNERSHIP 
 OF 
 SBE PARTNERS LP 
 THIS CONSENT, DISTRIBUTION AGREEMENT, AND AMENDMENT NO. 2 TO AGREEMENT OF LIMITED PARTNERSHIP (this “Agreement”) is made and entered into this 31st day of August, 2009 (the “Effective Date”), by and between
Catena Oil & Gas LLC, a Texas limited liability company, and EFS O&G, LLC, a Delaware limited liability company. 
 RECITALS: 
 A. Reference is herein made to that certain Agreement of Limited Partnership dated
January 15, 2007, as amended by the Consent and Amendment No. 1 to Agreement of Limited Partnership entered into on May 29, 2009, by and between the parties hereto, governing SBE Partners LP, a Texas limited partnership (the
“Partnership Agreement”). Capitalized terms used herein but not defined herein shall have the respective meanings assigned to them in the Partnership Agreement. 
 B. Subject to the terms hereof, the Partners deem it in their best business judgment and mutual best interests to make a distribution
of certain undivided interests in those oil and gas assets of the Partnership listed on Exhibits A-1 and A-2 (all of such interests, the “Distributed Oil and Gas Properties”), and in connection therewith to execute and deliver this
Agreement in order to (i) approve the distribution by the Partnership to the General Partner of an undivided 28.57% interest in the Distributed Oil and Gas Properties, (ii) amend and modify the Partnership Agreement in certain respects,
and (iii) make the other covenants, agreements, representations and warranties contained herein. 
 AGREEMENT:

 NOW, THEREFORE, in consideration of the foregoing Recitals and the mutual covenants and agreements contained
herein and in the Partnership Agreement, the Partners do hereby agree as follows: 
 1. Approval of Distribution.
The Partners hereby consent and approve the resolutions stated below: 
 WHEREAS, the General Partner purchased the
leases described on Exhibits A-1 and A-2 on behalf of the Partnership and with Partnership funds; 

 WHEREAS, Section 5.1 of the Partnership Agreement provides that the Partnership
shall hold all of its assets in the name of the Partnership; 
 WHEREAS, the leases described on Exhibit A-1 are
held in the Partnership’s name and the leases described on Exhibit A-2 are held in the General Partner’s name for the beneficial ownership of the Partnership; 
 WHEREAS, the Partnership and the Partners agree that the Partnership has held the benefits and burdens of ownership of the leases described on Exhibit A-2, other than mere legal title, and that the
Partnership is the owner of such leases for tax purposes; 
 WHEREAS, the Partnership is distributing to the General
Partner an undivided 28.57% of the economic interest in the leases described on Exhibits A-1 and A-2; 
 WHEREAS,
because the General Partner holds legal title to the leases described on Exhibit A-2, legal title will be transferred to the Partnership to reflect the agreed upon economic interests of the General Partner and the Partnership in such leases; and 

 WHEREAS, the Partnership and the Partners have reviewed and considered the terms and conditions of the proposed
distribution of an undivided 28.57% interest in the Distributed Oil and Gas Properties to the General Partner, and based on that review, have determined that the terms and conditions thereof are fair to the Partnership. 
 RESOLVED, that the Partnership execute (a) this Agreement and (b) that certain Assignment of Oil and Gas Leases (the
“Assignment”) dated as of even date herewith, in order to convey to the General Partner an undivided 28.57% interest in the Distributed Oil and Gas Properties, with the Assignment, effective as of the Effective Date, to be in the
form attached as Exhibit B to this Agreement. 
 RESOLVED FURTHER, that the form of and all the terms and
provisions of the Assignment and this Agreement, expressly including the valuation of the Oil and Gas Properties to be distributed and conveyed, and all other documents and instruments to be executed and delivered by the Partnership in connection
therewith, are hereby approved in all respects. 
 RESOLVED FURTHER, that the General Partner is hereby authorized and
directed, in the name and on behalf of the Partnership, to execute and deliver this Agreement and the Assignment and all other documents and instruments to be executed in connection therewith. 
 RESOLVED FURTHER, that the General Partner is hereby authorized and directed, in the name and on behalf of the Partnership, to take
or cause to be taken all such actions as in its reasonable judgment shall be necessary to cause the Partnership to perform its covenants and obligations under this Agreement and the Assignment and to take or cause to be taken all such further
action, in the name and on behalf of the Partnership, as in its reasonable judgment shall be necessary in order to carry out the intent, and accomplish the purposes, of this Agreement and the Assignment and all other documents and instruments to be
executed and delivered by the Partnership in connection

 
therewith; provided, that any material election, consent, waiver or other determination accorded the Partnership under the Assignment or such other documents or instruments shall require
the prior written consent of the Limited Partner. 
 Without limiting the foregoing but for purposes of clarity, the Partners agree that the
foregoing approval by them of the foregoing resolutions shall constitute full and complete authorization under the Partnership Agreement (including Section 6.2 thereof) of this Agreement and the Assignment and the transactions contemplated
hereunder and thereunder. 
 2. Distribution of the Distributed Oil and Gas Properties. In accordance with
Section 8.1(b)(i)(H) of the Partnership Agreement, the capital account of the General Partner shall be decreased by the fair market value of the interest in the Distributed Oil and Gas Properties distributed to the General Partner. In
accordance with Section 8.1(b)(i)(X) and (Y) of the Partnership Agreement, immediately prior to the distribution, the General Partner’s capital account shall be adjusted by assuming that the interest in the Distributed Oil and Gas
Properties distributed to the General Partner was sold by the Partnership for cash at its fair market value as of the date of distribution by the Partnership and crediting such capital account with the Simulated Gain resulting from such assumed sale
in the same manner as such capital account would be debited or credited for such gain on the actual sale of the interest in the Distributed Oil and Gas Properties distributed to the General Partner; provided that 100% of all revenues from such
hypothetical sale shall be deemed allocated under Section 4.2 of the Partnership Agreement entirely to the General Partner. The Partners shall agree upon the fair market value of the Distributed Oil and Gas Properties within 60 days of the
Effective Date. For purposes of clarity, the Longstreet Well located in Montgomery County, Texas is considered to be an undeveloped lease for purposes of this Agreement. 
 3. Amendments to the Definitions of GP Sharing Percentage and LP Sharing Percentage. 
 (a) With respect to the business and operations of the Partnership conducted on and after the date hereof, the definition of
GP Sharing Percentage, as set forth in Section 2.1 of the Partnership Agreement, shall be amended to read as follows: 
 “‘GP Sharing Percentage’ means, with respect to the Distributed Oil and Gas Properties, 2%, and with respect to all other assets of the Partnership, 30%.” 
 (b) With respect to the business and operations of the Partnership conducted on and after the date hereof, the definition of
LP Sharing Percentage, as set forth in Section 2.1 of the Partnership Agreement, shall be amended to read as follows: 
 “‘LP Sharing Percentage’ means, with respect to the Distributed Oil and Gas Properties, 98%, and with respect to all other assets of the Partnership, 70%.” 

 (c) For purposes of clarity, it is acknowledged and agreed that this
Section 3 is not meant to, nor shall, override the allocation of 100% of any Hedge Costs to the Limited Partner under Section 4.1(c) of the Partnership Agreement or the allocation of 100% of any revenues attributable to any Hedging
Transaction to the Limited Partner under Section 4.2(a)(iv) of the Partnership Agreement. 
 (d) With
respect to the business and operations of the Partnership conducted prior to the date hereof, expressly including all costs of the Partnership with respect to the transactions contemplated hereby, the GP Sharing Percentages and LP Sharing
Percentages in effect prior hereto shall apply. 
 4. Amendment to Section 4.3(b) of the Partnership Agreement.
The second sentence of Section 4.3(b) of the Partnership Agreement is restated in its entirety as follows and a new third sentence is added to Section 4.3(b) of the Partnership Agreement as follows: 
 “For purposes of Section 613A(c)(7)(D) of the Internal Revenue Code, the Partnership’s adjusted basis in each Depletable
Property acquired by the Partnership shall be allocated to each Partner in an amount equal to the portion of the costs and expenses which entered into such basis actually paid by such Partner or paid by the Partnership with funds contributed by or
allocated to such Partner; provided that the Limited Partner shall be treated as having paid 98.6781% of the Depletable Property that was funded by the Partnership before May 29, 2009, and that remains in the Partnership as of the Effective
Date of the Amendment. The parties agree that such percentage is intended to allow the Limited Partner to recover its $420,395 share of the adjusted basis of the Distributed Oil and Gas Properties distributed to the General Partner and that, if
such percentage does not have the intended effect, the parties shall redetermine the appropriate percentage to carry out the parties’ intent.” 
 5. Agreed Exception to Section 5.1 of the Partnership Agreement. The Partnership and Limited Partner hereby waive the General Partner’s previous breach of Section 5.1 of the
Partnership Agreement as to the leases described on Exhibit A-2 hereto, but such waiver shall only be as to claims by the Limited Partner for a breach of the Partnership Agreement due to noncompliance with Section 5.1, and such waiver shall in
no event amend or affect any indemnifications or other remedies held by the Partnership and the Limited Partner, pursuant to the Partnership Agreement or this Agreement, as to any third party claims arising from or relating to such breach. The
General Partner agrees to convey all other leases that it has purchased with Partnership funds and holds in its name to the Partnership within three business days of the Effective Date. 
 6. Agreed Exception to Section 5.3 of the Partnership Agreement. Upon consummation of the transactions contemplated by
the Assignment, the General Partner shall not be deemed in violation of Section 5.3 of the Partnership Agreement with respect to its receipt and ownership of the Distributed Oil and Gas Properties pursuant to the Assignment. 

 7. Agreed Exception to Section 8.1(b)(i) of the Partnership Agreement.
The last sentence of Section 8.1(b)(i) of the Partnership Agreement is amended as necessary to allow the distribution of an undivided 28.57% interest in the Distributed Oil and Gas Properties to the General Partner. 
 8. Tax Indemnity. The parties do not expect the distribution or conveyance of the Distributed Oil and Gas Properties to result
in taxable income or gain to the Partnership or the Partners. However, if any tax, interest, or penalties are assessed by any taxing authority as a result of the distribution or conveyance of the Distributed Oil and Gas Properties by the Partnership
to the General Partner, the General Partner agrees to pay all such tax, interest, and penalties and to indemnify fully, hold harmless, and defend the Limited Partner and its affiliates, agents, officers, directors, employees, representatives,
successors and assigns from and against any and all claims of any taxing authority that the distribution or conveyance of the Distributed Oil and Gas Properties by the Partnership to the General Partner results in taxable income or gain, interest,
or penalties, or otherwise increases the tax liability of the Partnership or the Limited Partner. 
 9. Representation and
Warranties. Each Partner hereby represents and warrants to the other Partner and the Partnership that: 
 (a) Such Partner is duly formed, validly existing, and, if applicable, in good standing under the laws of the jurisdiction of its organization and has all requisite power and authority to own, lease and operate its properties and to carry
on its business as now being conducted. No actions or other proceedings to dissolve such Partner are pending or threatened. 
 (b) Such Partner has full power and authority to execute, deliver, and perform this Agreement and to consummate the transactions contemplated herein. The execution, delivery and performance by such
Partner of this Agreement, and the consummation by it of the transactions contemplated herein, have been duly authorized by all necessary action of such Partner. This Agreement has been duly executed and delivered by such Partner and constitutes a
valid and legally binding obligations of such Partner, enforceable against such Partner in accordance with its terms, except that such enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium, and
similar laws affecting creditors’ rights generally and (ii) equitable principles which may limit the availability of certain equitable remedies (such as specific performance) in certain instances. 
 (c) The execution, delivery and performance by such Partner of this Agreement and the consummation by it of the transactions
contemplated herein (i) do not and will not conflict with or result in a violation of any provision of the governing instruments of such Partner and (ii) do not contravene or result in any breach or constitute a default under any
applicable law, rule, regulation, judgment, license, permit, or order or any material loan, note or other agreement or instrument to which the Partner is a party or by which it or any of its properties are bound. 

 (d) No consent, approval, authorization or order of any court or
governmental agency or authority or of any third party which has not been obtained is required in connection with the execution, delivery and performance by the Partner of this Agreement. 
 (e) There are no proceedings, actions, claims, suits, investigations or inquiries by or before any arbitrator, court, or
other tribunal in any jurisdiction (domestic or foreign) either pending or, to the knowledge of such Partner, threatened against or affecting such Partner that would affect the execution and delivery of this Agreement by such Partner or the
consummation of the transactions contemplated hereby by such Partner. 
 10. Survival. All covenants, agreements,
representations and warranties made in this Agreement shall survive the execution and delivery of this Agreement by the Partners. 
 11. Parties in Interest. All representations, warranties, covenants and agreements contained in this Agreement by or on behalf of the parties hereto shall bind and inure to the benefit of the respective successors and assigns
of such parties whether so expressed or not. Nothing in this Agreement shall create or be deemed to create any third-party beneficiary rights in any person not a party to this Agreement except as provided below. 
 12. Entire Agreement. This Agreement, the Partnership Agreement and the Assignment constitute the entire agreement and
understanding of the parties hereto in respect of their subject matters and supersede all prior understandings, agreements, or representations by or among such parties, written or oral, to the extent they relate in any way to the subject matter
hereof or the transactions contemplated hereby. To the extent that there is any conflict among this Agreement, the Partnership Agreement, or the Assignment, the terms and conditions of the Partnership Agreement will control. 
 13. Governing Law. This Agreement and the performance of the transactions and the obligations of the parties hereunder will be
governed by and construed and enforced in accordance with the laws of the State of Texas, without giving effect to any choice of law principles. 
 14. Counterparts. This instrument may be executed in any number of identical counterparts, each of which for all purposes shall be deemed an original, and all of which shall constitute
collectively, one instrument. It is not necessary that each party hereto execute the same counterpart so long as identical counterparts are executed by each such party hereto. This instrument may be validly executed and delivered by facsimile or
other electronic transmission. 
 15. References. As used in this Agreement: (i) all references in this
Agreement to articles, sections, subsections and other subdivisions refer to corresponding articles, sections, subsections and other subdivisions of this Agreement unless expressly provided otherwise; (ii) titles appearing at the beginning of
any of such subdivisions are

 
for convenience only and shall not constitute part of such subdivisions and shall be disregarded in construing the language contained in such subdivisions; (iii) the words “this
Agreement,” “this instrument,” “herein,” “hereof,” “hereby,” “hereunder” and words of similar import refer to this Agreement as a whole and not to any particular subdivision unless expressly so
limited; (iv) words in the singular form shall be construed to include the plural and vice versa, unless the context otherwise requires.; (v) pronouns in masculine, feminine and neuter genders shall be construed to include
any other gender; (vi) examples shall not be construed to limit, expressly or by implication, the matter they illustrate; (vii) unless the context otherwise requires or unless otherwise provided herein, the terms defined in this Agreement
which refer to a particular agreement, instrument or document also refer to and include all renewals, extensions, modifications, amendments or restatements of such agreement, instrument or document, provided that nothing contained in this subsection
shall be construed to authorize such renewal, extension, modification, amendment or restatement; (viii) the word “or” is not intended to be exclusive and the word “includes” and its derivatives means “includes, but is
not limited to” and corresponding derivative expressions; and (ix) no consideration shall be given to the fact or presumption that one party had a greater or lesser hand in drafting this Agreement. 
 16. Ratification. The Partnership Agreement, as amended or modified by the terms of this Agreement, is hereby ratified and
confirmed in all respects. 
 *Remainder of Page Intentionally Left Blank—Signature Page Follows* 

 IN WITNESS WHEREOF, the undersigned Partners have executed this Agreement as
of the above date. 
  

			
	GENERAL PARTNER:
	
	CATENA OIL & GAS LLC
		
	By:	 	 /s/ Robert J. Anderson

	Name:	 	Robert J. Anderson
	Title:	 	Vice President
	
	LIMITED PARTNER:
	
	EFS O&G, LLC
		
	By:	 	AIRCRAFT SERVICES CORPORATION
		 	as Manager
		
	By:	 	 /s/ Carl Peterson

	Name:	 	Carl Peterson
	Title:	 	Vice President

 SIGNATURE PAGE—CONSENT, DISTRIBUTION AGREEMENT AND 
 AMENDMENT NO. 2 TO AGREEMENT OF LIMITED PARTNERSHIP 

 EXHIBIT A-1 
 DISTRIBUTED OIL AND GAS PROPERTIES 
 Title Held in
Partnership Name 

 EXHIBIT A-2 
 DISTRIBUTED OIL AND GAS PROPERTIES 
 Title Held in
General Partner’s Name 

 EXHIBIT B 
 ASSIGNMENT OF OIL AND GAS LEASES

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