Document:

Amendment No. 1 to the Amended and Restated Credit Agreement

 Exhibit 10.1(a) 

AMENDMENT NO. 1 TO THE AMENDED AND RESTATED CREDIT AGREEMENT 

This Amendment No. 1 dated as of April 19, 2011 to the Amended and Restated Credit Agreement (this “Amendment
No. 1”), is entered into among Atlas Pipeline Partners, L.P., a Delaware limited partnership (the “Borrower”), the Subsidiaries of the Borrower identified as “Guarantors” on the signature pages hereto (the
“Guarantors”), the Lenders signatory hereto and Wells Fargo Bank, N.A., in its capacity as administrative agent for the Lenders (in such capacity, the “Administrative Agent”) and amends the Amended and Restated
Credit Agreement dated as of July 27, 2007 and amended and restated as of December 22, 2010 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”) entered into among the Borrower, the
Guarantors named therein, the institutions from time to time party thereto as Lenders (the “Lenders”), the Administrative Agent and the other agents and arrangers named therein. 

Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Credit Agreement.

 W I T N E S S E T H: 

WHEREAS, the Borrower, through one or more to be formed subsidiaries (the “Buyer Subsidiaries”), proposes to purchase a
20% partnership interest (the “WTP Partnership Interest”) in West Texas LPG Pipeline Limited Partnership, a Texas limited partnership (“WTP Partnership”) which owns an NGL transmission system (the “WTP
Pipeline System”), comprised of a 19.8% limited partner interest and a 0.2% general partner interest, from Buckeye Pipe Line Holdings, L.P., a Delaware limited partnership pursuant to a Purchase and Sale Agreement (the “WTP Purchase
and Sale Agreement”) for consideration of approximately $85,000,000 in cash (the “WTP Partnership Investment”); 
 WHEREAS, Section 12.2 of the Credit Agreement provides that the Credit Agreement may be amended, modified and waived from time to time; 

WHEREAS, the Borrower has requested that the Administrative Agent and the Lenders agree to amend the Credit Agreement as set forth
herein; 
 WHEREAS, subject to certain conditions, the Required Lenders are willing to agree to the amendments set forth in
Section 1 hereof relating to the Credit Agreement; 
 NOW, THEREFORE, in consideration of the premises and for other good
and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the parties hereto hereby agree as follows: 
 Section 1. Amendments to the Credit Agreement. 
 (a)
Section 1.1 of the Credit Agreement is hereby amended by adding the following definitions in proper alphabetical order: 
 “Amendment No. 1” means Amendment No. 1 to the Credit Agreement dated as of April 19, 2011. 

 “Buyer Subsidiaries” has the meaning assigned to such term
in Amendment No. 1. 
 “WTP Expansion Investment” has the meaning assigned to such term in
Section 9.3(t). 
 “WTP Purchase and Sale Agreement” has the meaning assigned to such term
in Amendment No. 1. 
 “WTP Partnership” has the meaning assigned to such term in Amendment
No. 1. 
 “WTP Partnership Interest” has the meaning assigned to such term in Amendment
No. 1. 
 “WTP Partnership Investment” has the meaning assigned to such term in Amendment
No. 1. 
 “WTP Pipeline System” has the meaning assigned to such term in Amendment
No. 1. 
 (b) Section 9.3 of the Credit Agreement is hereby amended by (i) replacing the words “other than
as permitted by Section 9.3(j) in clause (r) of such Section with “not otherwise permitted by this Section 9.3”, (ii) deleting the word “and” at the end of clause (r) of such Section,
(iii) replacing the period at the end of clause (s) of such Section with “; and” and (iv) adding the following clause (t) to the end of such Section: 

“(t) (i) the WTP Partnership Investment and (ii) additional Investments by Borrower and its Consolidated Subsidiaries in WTP
Partnership to fund the Borrower’s or Buyer Subsidiaries’ pro rata share of capital contributions to WTP Partnership required to be made in accordance with the First Amended and Restated Limited Partnership Agreement of WTP Partnership,
dated as of May 1, 1999, (a) in an aggregate amount not to exceed $30 million to fund the expansion of the WTP Pipeline System (the “WTP Expansion Investment”) and (b) in addition to the WTP Expansion Investment, in
an aggregate amount not to exceed $5 million per annum; provided that if the aggregate amount of Investments made in any fiscal year pursuant to sub clause (ii)(b) above shall be less than $5 million, then the amount of such shortfall may be
added to the amount of Investments permitted pursuant to sub clause (ii)(b) for the immediately succeeding (but not any other) fiscal year (it being understood that Investments made in any fiscal year pursuant to sub clause (ii)(b) shall be counted
first against the $5 million available to be spent in such fiscal year and second against the unused amount, if any, carried over from the immediately prior fiscal year); provided, further, that to the extent required by
Section 7.12 and within the timeframe provided therein and in the Security Documents, upon the consummation of the WTP Partnership Investment, the Borrower shall (x) provide a Guaranty from the Buyer Subsidiaries and (y) cause the
Buyer Subsidiaries to pledge the WTP Partnership Interest pursuant to the Security Agreement.” 
 Section 2.
Conditions Precedent to the Effectiveness of this Amendment No. 1. 
 (a) This Amendment shall become effective as of the
date hereof (the “Amendment No. 1 Effective Date”) when, and only when, each of the following conditions precedent shall have been (or is or will be substantially concurrently therewith) satisfied or waived by the
Administrative Agent: 
 (i) The Administrative Agent shall have received counterparts of this Amendment No. 1, duly
executed by (1) the Borrower, (2) the Administrative Agent and (3) the Required Lenders; 

  
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 (ii) The Administrative Agent shall have received an opinion of legal counsel for the
Borrower, dated the Amendment No. 1 Effective Date and addressed to the Administrative Agent and the Lenders, which opinion shall provide, among other things, that the execution and delivery of the Amendment by the Borrower and the consummation
of the transactions contemplated thereby will not violate the corporate instruments of the Borrower or the terms of the Loan Documents, that the Credit Agreement may be amended as provided in this Amendment No. 1 with consent of the Required
Lenders in accordance with Section 12.2 of the Credit Agreement and shall otherwise be in form and substance acceptable to the Administrative Agent and the Lenders; and 
 (iii) The Borrower shall have paid all reasonable out-of-pocket costs and expenses of the Administrative Agent associated with this Amendment No. 1 and the preparation, reproduction, execution,
delivery, administration, and enforcement of this Amendment No. 1 (including, without limitation, all reasonable fees and out-of-pocket expenses of Cahill Gordon & Reindel LLP, counsel for the Administrative Agent).

 Section 3. Representations and Warranties. On and as of the Amendment No. 1 Effective Date, after
giving effect to this Amendment No. 1, the Borrower hereby represents and warrants to the Administrative Agent and each Lender as follows: 
 (a) this Amendment No. 1 has been duly authorized, executed and delivered by the Borrower and constitutes the legal, valid and binding obligation of the Borrower enforceable against the Borrower in
accordance with its terms and the Credit Agreement, as amended by this Amendment No. 1, constitutes the legal, valid and binding obligation of the Borrower enforceable against the Borrower in accordance with its terms. 

(b) No Default or Event of Default under the Credit Agreement exists or is continuing or would exist immediately after giving effect to
this Amendment No. 1. 
 (c) No consent, approval, authorization or offer of, or filing, registration or qualification
with, any court or governmental authority or third party is required in connection with the execution, delivery or performance by such Person of this Amendment No. 1. 
 (d) The representations and warranties set forth in Article VI of the Credit Agreement are true and correct in all material respects as of the date hereof (except for those which expressly relate to an
earlier date). 
 Section 4. Reference to and Effect on the Loan Documents. 

(a) As of the Amendment No. 1 Effective Date, each reference in the Credit Agreement to “this Agreement,”
“hereunder,” “hereof,” “herein,” or words of like import, and each reference in the other Loan Documents to the Credit Agreement (including, without limitation, by means of words like “thereunder,”
“thereof” and words of like import), shall mean and be a reference to the Credit Agreement as amended hereby, and this Amendment No. 1 and the Credit Agreement shall be read together and construed as a single instrument. 

(b) As of the Amendment No. 1 Effective Date, Borrower hereby acknowledges that it has received and reviewed a copy of the Credit
Agreement and acknowledges and agrees to be bound by all covenants, agreements and acknowledgments in the Credit Agreement and any other Loan Document and to perform all obligations and duties required of it by the Credit Agreement. 

  
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 (c) Except as expressly amended hereby or specifically waived above, all of the terms and
provisions of the Credit Agreement and all other Loan Documents are and shall remain in full force and effect and are hereby ratified and confirmed. 
 (d) The execution, delivery and effectiveness of this Amendment No. 1 shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of the Lenders, the Borrower or
the Administrative Agent under any of the Loan Documents, nor constitute a waiver or amendment of any other provision of any of the Loan Documents or for any purpose except as expressly set forth herein. 

(e) This Amendment No. 1 shall constitute a Loan Document under the terms of the Credit Agreement. 

Section 5. Acknowledgement of Guarantors. The Guarantors acknowledge and consent to all terms and conditions of this
Amendment No. 1 and agree that this Amendment No. 1 and all documents executed in connection herewith do not operate to reduce or discharge the Guarantors’ obligations under the Loan Documents. 

Section 6. Confirmation of Security Documents. The Borrower hereby confirms and ratifies all of its obligations under
the Loan Documents to which it is a party. By its execution on the signature lines provided below, each of the Loan Parties hereby confirms and ratifies all of its obligations and the Liens granted by it under the Security Documents to which it is a
party, confirms that the Security Documents continue to grant valid Liens on the Collateral to the Collateral Agent for the benefit of the Secured Parties securing the Obligations, represents and warrants that the representations and warranties set
forth in such Security Documents are complete and correct on the date hereof as if made on and as of such date and confirms that all references in such Security Documents to the “Credit Agreement” (or words of similar import) refer to the
Credit Agreement as amended hereby without impairing any such obligations or Liens in any respect. 
 Section 7.
Execution in Counterparts. This Waiver may be executed in any number of counterparts and by different parties in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall
constitute one and the same agreement. Signature pages may be detached from multiple separate counterparts and attached to a single counterpart so that all signature pages are attached to the same document. Delivery of an executed counterpart by
telecopy or other electronic transmission (i.e., “pdf” or “tif” document) shall be effective as delivery of a manually executed counterpart of this Amendment No. 1. 

Section 8. Lender Signatures. Each Lender that signs a signature page to this Amendment No. 1 shall be deemed to
have approved this Amendment No. 1 and shall be further deemed for the purposes of the Loan Documents to have approved this Amendment No. 1. Each Lender signatory to this Amendment No. 1 agrees that such Lender shall not be entitled
to receive a copy of any other Lender’s signature page to this Amendment No. 1, but agrees that a copy of such signature page may be delivered to the Borrower and the Administrative Agent. 

Section 9. Governing Law. This Amendment No. 1 shall be governed by, and construed in accordance with,
the laws of the State of New York without regard to principles of conflicts of law to the extent that the application of the laws of another jurisdiction will be required thereby. 

  
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 Section 10. Section Titles. The section titles contained in this
Amendment No. 1 are and shall be without substantive meaning or content of any kind whatsoever and are not a part of the agreement between the parties hereto, except when used to reference a section. Any reference to the number of a clause, sub
clause or subsection of any Loan Document immediately followed by a reference in parenthesis to the title of the section of such Loan Document containing such clause, sub clause or subsection is a reference to such clause, sub clause or subsection
and not to the entire section; provided, however, that, in case of direct conflict between the reference to the title and the reference to the number of such section, the reference to the title shall govern absent manifest error. If
any reference to the number of a section (but not to any clause, sub clause or subsection thereof) of any Loan Document is followed immediately by a reference in parenthesis to the title of a section of any Loan Document, the title reference shall
govern in case of direct conflict absent manifest error. 
 Section 11. Notices. All communications and
notices hereunder shall be given as provided in the Credit Agreement. 
 Section 12. Severability. The fact
that any term or provision of this Amendment No. 1 is held invalid, illegal or unenforceable as to any person in any situation in any jurisdiction shall not affect the validity, enforceability or legality of the remaining terms or provisions
hereof or the validity, enforceability or legality of such offending term or provision in any other situation or jurisdiction or as applied to any person. 
 Section 13. Successors. The terms of this Amendment No. 1 shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective successors and assigns.

 Section 14. Waiver of Jury Trial. EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES TRIAL BY JURY IN ANY
ACTION OR PROCEEDING WITH RESPECT TO THIS AMENDMENT NO. 1 OR ANY OTHER LOAN DOCUMENT. 
 [Signature pages follow] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to be executed
under seal by their duly authorized officers, all as of the day and year first written above. 
  

			
	BORROWER:
	
	ATLAS PIPELINE PARTNERS, L.P.
	
	By:    Atlas Pipeline Partners GP, LLC, its general partner

 

			
	By:	  	 /s/ ERIC T. KALAMARAS

		  	Eric T. Kalamaras
		  	Chief Financial Officer

  

			
	GUARANTORS:
	
	ATLAS PIPELINE OPERATING PARTNERSHIP, L.P.
	
	By:    Atlas Pipeline Partners GP, LLC, its general partner

 

			
	By:	  	 /s/ ERIC T. KALAMARAS

		  	Eric T. Kalamaras
		  	Chief Financial Officer

  

			
	ATLAS PIPELINE MID-CONTINENT, LLC
	ATLAS PIPELINE TENNESSEE, LLC
	APL LAUREL MOUNTAIN, LLC
		
	By:	  	Atlas Pipeline Operating Partnership, L.P., its sole member
		
	By:	  	Atlas Pipeline Partners GP, LLC, its general partner

  

			
	By:	  	 /s/ ERIC T. KALAMARAS

		  	Eric T. Kalamaras
		  	Chief Financial Officer

  

	
	 ATLAS MIDKIFF, LLC
 ATLAS
CHANEY DELL, LLC
 SLIDER WESTOK GATHERING, LLC

  
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	 VELMA INTRASTATE GAS TRANSMISSION
 COMPANY, LLC

	NOARK ENERGY SERVICES, L.L.C.
	

  

			
	By:	  	Atlas Pipeline Mid-Continent, LLC, its sole member
		
	By:	  	Atlas Pipeline Operating Partnership, L.P., its sole member
		
	By:	  	Atlas Pipeline Partners GP, LLC, its general partner

  

			
	By:	  	 /s/ ERIC T. KALAMARAS

		  	Eric T. Kalamaras
		  	Chief Financial Officer

  
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	 WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent

		
	By:	 	 /s/ TOM K. MARTIN

		 	Tom K. Martin
		 	Director

  
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 We hereby agree to all of the amendments contained in this Amendment No. 1 on the Amendment
No. 1 Effective Date. 
  

			
	 WELLS FARGO BANK, NATIONAL ASSOCIATION, as Lender

		
	By:	 	 /s/ TOM K. MARTIN

		 	Tom K. Martin
		 	Director

  
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 We hereby agree to all of the amendments contained in this Amendment No. 1 on the Amendment No. 1 Effective
Date 
  

			
	BANK OF AMERICA, N.A., as Lender
		
	By:	 	 /s/ ADAM H. FEY

		 	Adam H. Fey
		 	Director

  
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 We hereby agree to all of the amendments contained in this Amendment No. 1 on the Amendment No. 1 Effective
Date. 
  

			
	BNP PARIBAS, as Lender
		
	By:	 	/S/ DOUGLAS R. LIFTMAN
		 	Name:  Douglas R. Liftman
		 	Title:    Managing Director

  
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 We hereby agree to all of the amendments contained in this Amendment No. 1 on the Amendment No. 1 Effective
Date. 
  

			
	 Citibank N. A., as Lender 

		
	By:	 	/S/ DANIEL A. DAVIS
		 	Name:  Daniel A. Davis
		 	Title:    SVP

  
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 We hereby agree to all of the amendments contained in this Amendment No. 1 on the Amendment No. 1 Effective
Date. 
  

			
	 Compass Bank, as Lender 

		
	By:	 	/S/ SPENCER STASNEY
		 	Name:  Spencer Stasney
		 	Title:    Vice President

  

  
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 We hereby agree to all of the amendments contained in this Amendment No. 1 on the Amendment No. 1 Effective
Date. 
  

			
	 SunTrust Bank, as Lender 

		
	By:	 	/S/ GREGORY C. MAGNUSON
		 	Name:  Gregory C. Magnuson
		 	Title:    Vice President

  

 

  
 14Amended and Restated 2010 Long-Term Incentive Plan

 Exhibit 10.4 
 ATLAS PIPELINE PARTNERS, L.P. 
 2010 LONG-TERM INCENTIVE PLAN

 Amended and Restated as of April 26, 2011 

 ATLAS PIPELINE PARTNERS, L.P. 

2010 LONG-TERM INCENTIVE PLAN 
 Amended and Restated as of April 26, 2011 
 1. Purpose

 The purpose of the Atlas Pipeline Partners, L.P. 2010 Long-Term Incentive Plan (the “Plan”) is to assist Atlas
Pipeline Partners GP, LLC, a Delaware limited liability company (defined below as the Company) in its capacity as general partner of Atlas Pipeline Partners, L.P., a Delaware limited partnership (defined below as APL) in securing and retaining
employees of outstanding ability who are in a position to participate significantly in the development and implementation of the strategic plans of APL and thereby to contribute materially to the long-term growth, development, and profitability of
APL by affording them an opportunity to acquire Units (as defined below). The Plan is designed to align directly long-term executive compensation with tangible, direct and identifiable benefits realized by APL Unit holders. 

2. Definitions 
 Whenever used in this Plan, the following terms will have the respective meanings set forth below: 
 (a) “Affiliate” means, with respect to any Person, any other Person that directly or indirectly through one or more intermediaries controls, is controlled by or is under common control
with, the Person in question. As used herein, the term “control” means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership of voting
securities, by contract or otherwise. 
 (b) “APL” means Atlas Pipeline Partners, L.P., a Delaware limited
partnership. 
 (c) “APL Partnership Agreement” means the Second Amended and Restated Agreement of Limited
Partnership of Atlas Pipeline Partners, L.P., dated as of March 9, 2004, as amended from time to time. 
 (d)
“Board” means the Managing Board of the Company. 
 (e) “Change of Control” means the
occurrence of any of the following: 
 (i) the Company or an Affiliate ceases to be the general partner of APL;

 (ii) consummation of a merger, consolidation, share exchange, division or other reorganization or transaction
of APL, the Company or any Affiliate that is a direct or indirect parent of the Company with any entity, other than a transaction which would result in the voting securities of APL or the Company, as appropriate, outstanding immediately prior
thereto continuing to represent (either by remaining outstanding or by being converted 

  
 1 

 
into voting securities of the surviving entity) at least 60% of the combined voting power immediately after such transaction of the surviving entity’s outstanding securities or, in the case
of a division, the outstanding securities of each entity resulting from the division; 
 (iii) the equity holders
of APL, the Company or any Affiliate that is a direct or indirect parent of the Company approve a plan of complete liquidation or winding-up of APL; 
 (iv) consummation of a sale or disposition (in one transaction or a series of transactions) of all or substantially all of the assets of APL or any Affiliate that is a direct or indirect parent of the
Company to an entity that is not an Affiliate of the Company or APL; or 
 (v) during any period of 24
consecutive months, individuals who at the beginning of such period constituted the Board or the board of directors of an Affiliate that is a direct or indirect parent of the Company (including for this purpose any new director whose election or
nomination for election or appointment was approved by a vote of at least 2/3 of the directors then still in office who were directors at the beginning of such period) cease for any reason to constitute at least a majority of the Board or other
board of directors, as applicable. 
 Notwithstanding the foregoing, the Committee may specify a more limited
definition of Change in Control, or a definition conforming to requirements of section 409A of the Code, for a particular Grant, as the Committee deems appropriate. 
 (f) “Code” means the Internal Revenue Code of 1986, as amended. 

(g) “Committee” means (i) with respect to Grants to Employees or Consultants, the Board or such committee of the
Board, or the board of an Affiliate of APL, that is appointed by the Board to administer the Plan, and (ii) with respect to Managers, the Board, or the board of an Affiliate of APL, that is appointed by the Board to administer the Plan.

 (h) “Company” means Atlas Pipeline Partners GP, LLC, a Delaware limited liability company. 

(i) “Consultant” means a consultant or advisor who performs services for APL or in furtherance of APL’s business.

 (j) “Disability” or “Disabled” means a long-term disability as determined under the
long-term disability plan of the Company, APL or one of their Affiliates, which is applicable to the Participant. 
 (k)
“Distribution Equivalent” means an amount calculated with respect to a Phantom Unit, which is determined by multiplying the number of Units subject to the Phantom Unit by the per-Unit cash distribution, or the per-Unit fair market
value (as determined by the Committee) of any distribution in consideration other than cash, paid by APL on its Units. If interest is credited 

  
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on accumulated distribution equivalents, the term “Distribution Equivalent” shall include the accrued interest. 
 (l) “Effective Date” of the Plan means June 1, 2010, subject to approval of the Plan by the Unit holders of APL. 

(m) “Employee” means an employee of the Employer (including an officer or director who is also an employee) who performs
services for APL or in furtherance of APL’s business, but excluding any person who is classified by the Company as a “contractor” or “consultant,” no matter how characterized by the Internal Revenue Service, other
governmental agency or a court. Any change of characterization of an individual by the Internal Revenue Service or any court or government agency shall have no effect upon the classification of an individual as an Employee for purposes of this Plan,
unless the Committee determines otherwise. 
 (n) “Employer” means the Company, APL or their Affiliates.

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

(p) “Exercise Price” means the per Unit price at which Units may be purchased under an Option, as designated by the
Committee. 
 (q) “Fair Market Value” means the closing sales price of a Unit on the applicable date on the
public market on which Units are traded (or if there is no trading in the Units on such date, the closing sales price on the last date Units were traded). In the event Units are not publicly traded at the time a determination of Fair Market Value is
required to be made hereunder, the determination of Fair Market Value shall be made in good faith by the Committee. 
 (r)
“Grant” means an Option, Phantom Unit, Unit Award, UAR or Other Unit-Based Award granted under the Plan. 
 (s)
“Grant Letter” means the written instrument that sets forth the terms and conditions of a Grant, including all amendments thereto. 
 (t) “Manager” means a member of the Board who is not an employee of the Employer. 
 (u) “Option” means an option to purchase Units, as described in Section 7. 
 (v) “Other Unit-Based Award” means any Grant based on, measured by or payable in Units (other than an Option, Phantom Unit, Unit Award or UAR), as described in Section 10.

 (w) “Participant” means an Employee or Manager designated by the Committee to participate in the Plan.

  
 3 

 (x) “Person” means an individual or a corporation, limited liability
company, partnership, joint venture, trust, unincorporated organization, association, government agency or political subdivision thereof or other entity. 
 (y) “Plan” means this Atlas Pipeline Partners, L.P. 2010 Long-Term Incentive Plan, as in effect from time to time. 

(z) “Phantom Unit” means an award of a phantom unit representing a Unit, as described in Section 8. 

(aa) “UAR” means a Unit appreciation right as described in Section 10. 

(bb) “Unit” means a common unit of APL as described in the APL Partnership Agreement. 

(cc) “Unit Award” means an award of Units as described in Section 9. 

3. Administration 
 (a) Committee. The Plan shall be administered and interpreted by the Committee. Ministerial functions may be performed by an administrative committee comprised of Company employees appointed by the
Committee. 
 (b) Committee Authority. The Committee shall have the full power and authority to (i) determine the
Participants to whom Grants shall be made under the Plan, (ii) determine the type, size and terms and conditions of the Grants to be made to each such Participant, (iii) determine the time when the Grants will be made and the duration of
any applicable exercise or restriction period, including the criteria for exercisability and the acceleration of exercisability, (iv) amend the terms and conditions of any previously issued Grant, subject to the provisions of Section 17(b)
below, and (v) deal with any other matters arising under the Plan. Subject to the following and any applicable law, the Committee, in its sole discretion, may delegate any or all of its powers and duties under the Plan, including the power to
award Grants under the Plan, to the Chief Executive Officer of the Company, subject to such limitations on such delegated powers and duties as the Committee may impose, if any; provided, however, that such delegation shall not limit the Chief
Executive Officer’s right to receive Grants under the Plan. Notwithstanding the foregoing, the Chief Executive Officer may not award Grants to, or take any action with respect to any Grant previously awarded to, himself or a person who is an
Employee or Manager subject to Rule 16b-3 under the Exchange Act. 
 (c) Committee Determinations. The Committee shall
have full power and express discretionary authority to administer and interpret the Plan, to make factual determinations and to adopt or amend such rules, regulations, agreements and instruments for implementing the Plan and for the conduct of its
business as it deems necessary or advisable, in its sole discretion. The Committee’s interpretations of the Plan and all determinations made by the Committee pursuant to the powers vested in it hereunder shall be conclusive and binding on all
persons having any interest in the Plan or in any awards granted hereunder. All powers of the Committee shall be executed in its sole discretion, in the best interest of the Company, not as a fiduciary, and in

  
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keeping with the objectives of the Plan and need not be uniform as to similarly situated Participants. 
 4. Grants 
 (a) Grants under the Plan may consist of Options as
described in Section 7, Phantom Units as described in Section 8, Unit Awards as described in Section 9, and UARs or Other Unit-Based Awards as described in Section 10. All Grants shall be subject to such terms and conditions as
the Committee deems appropriate and as are specified in writing by the Committee to the Participant in the Grant Letter. 
 (b)
All Grants shall be made conditional upon the Participant’s acknowledgement, in writing or by acceptance of the Grant, that all decisions and determinations of the Committee shall be final and binding on the Participant, his or her
beneficiaries and any other person having or claiming an interest under such Grant. Grants under a particular Section of the Plan need not be uniform as among the Participants. 

5. Units Subject to the Plan 
 (a) Units Authorized. The total aggregate number of Units that may be issued under the Plan is 3,000,000 Units, subject to adjustment as described in subsection (d) below. 

(b) Limit on Unit Awards, Phantom Units and Other Unit-Based Awards. Within the aggregate limit described in subsection (a), the
maximum number of Units that may be issued under the Plan pursuant to Unit Awards, Phantom Units and Other Unit-Based Awards during the term of the Plan is 3,000,000 Units, subject to adjustment as described in subsection (d) below. 

(c) Source of Units; Unit Counting. Units issued under the Plan may be authorized but unissued Units or reacquired Units,
including Units purchased by the Company on the open market for purposes of the Plan. If and to the extent Options or UARs granted under the Plan terminate, expire, or are canceled, forfeited, exchanged or surrendered without having been exercised,
and if and to the extent that any Unit Awards, Phantom Units, or Other Unit-Based Awards are forfeited or terminated, or otherwise are not paid in full, the Units reserved for such Grants shall again be available for purposes of the Plan. Units
surrendered in payment of the Exercise Price of an Option, and Units withheld or surrendered for payment of taxes, shall not be available for re-issuance under the Plan. If UARs are granted, the full number of Units subject to the UARs shall be
considered issued under the Plan, without regard to the number of Units issued upon exercise of the UARs and without regard to any cash settlement of the UARs. To the extent that a Grant of Phantom Units is designated in the Grant Letter to be paid
in cash, and not in Units, such Grants shall not count against the Unit limits in subsection (a). 
 (d) Adjustments. If
there is any change in the number or kind of Units outstanding (i) by reason of a distribution in Units, spinoff, recapitalization, Unit split, or combination or exchange of Units, (ii) by reason of a merger, reorganization or
consolidation, (iii) by reason of a reclassification, or (iv) by reason of any other extraordinary or unusual event affecting the outstanding Units as a class without the Company’s receipt of consideration, or if the value of

  
 5 

 
outstanding Units is substantially reduced as a result of a spinoff or the Company’s payment of an extraordinary dividend or distribution, the maximum number of Units available for issuance
under the Plan, the kind and number of Units covered by outstanding Grants, the kind and number of Units issued and to be issued under the Plan, and the price per Unit or the applicable market value of such Grants shall be equitably adjusted by the
Committee to reflect any increase or decrease in the number of, or change in the kind or value of, the issued Units to preclude, to the extent practicable, the enlargement or dilution of rights and benefits under the Plan and such outstanding
Grants; provided, however, that any fractional Units resulting from such adjustment shall be eliminated. In addition, in the event of a Change of Control of the Company, the provisions of Section 15 of the Plan shall apply. Any adjustments to
outstanding Grants shall be consistent with section 409A of the Code, to the extent applicable. Any adjustments determined by the Committee shall be final, binding and conclusive. 

6. Eligibility for Participation 
 (a) Eligible Persons. All Employees, including Employees who are officers or members of the Board, Consultants, and all Managers shall be eligible to participate in the Plan. 

(b) Selection of Participants. The Committee shall select the Employees, Consultants and Managers to receive Grants and shall
determine the number of Units subject to each Grant. 
 7. Options 

(a) General Requirements. The Committee may grant Options to an Employee, Consultant or Manager upon such terms and conditions as
the Committee deems appropriate under this Section 7, if and to the extent permitted by section 409A of the Code. The Committee shall determine the number of Units that will be subject to each Grant of Options to Employees, Consultants and
Managers. 
 (b) Option Price and Term. 
 (i) The Exercise Price of a Unit subject to an Option shall be determined by the Committee and may be equal to or greater than the Fair Market Value of a Unit on the date the Option is granted.

 (ii) The Committee shall determine the term of each Option, which shall not exceed ten years from the date of grant.

 (c) Exercisability of Options. Options shall become exercisable in accordance with such terms and conditions as may be
determined by the Committee and specified in the Grant Letter. The Committee may grant Options that are subject to achievement of performance goals or other conditions. The Committee may accelerate the exercisability of any or all outstanding
Options at any time for any reason. 
 (d) Termination of Employment or Service. Except as provided in the Grant Letter,
an Option may only be exercised while the Participant is employed by the Employer, or providing service as a Consultant or Manager. The Committee shall determine in the Grant 

  
 6 

 
Letter under what circumstances and during what time periods a Participant may exercise an Option after termination of employment or service. 

(e) Exercise of Options. A Participant may exercise an Option that has become exercisable, in whole or in part, by delivering a
notice of exercise to the Company. The Participant shall pay the Exercise Price for the Option (i) in cash, (ii) if permitted by the Committee, by delivering Units owned by the Participant and having a Fair Market Value on the date of
exercise equal to the Exercise Price or by attestation to ownership of Units having an aggregate Fair Market Value on the date of exercise equal to the Exercise Price, (iii) by payment through a broker in accordance with procedures permitted by
Regulation T of the Federal Reserve Board, (iv) if permitted by the Committee, by surrender of Units subject to the Option, or (v) by such other method as the Committee may approve. Payment for the Units pursuant to the Option, and any
required withholding taxes, must be received by the time specified by the Committee depending on the type of payment being made, but in all cases prior to the issuance of the Unit. 

8. Phantom Units 
 (a) General Requirements. The Committee may grant Phantom Units to an Employee, Consultant or Manager, upon such terms and conditions as the Committee deems appropriate under this Section 8.
Each Phantom Unit shall represent the right of the Participant to receive a Unit or an amount based on the value of a Unit. All Phantom Units shall be credited to bookkeeping accounts on the Company’s records for purposes of the Plan.

 (b) Terms of Phantom Units. The Committee may grant Phantom Units that are payable on terms and conditions determined
by the Committee, which may include vesting based on achievement of performance goals. Notwithstanding the foregoing, (i) if the vesting of Phantom Units is subject to achievement of performance goals, the Phantom Units shall have a minimum
vesting period of not less than one year and (ii) if the vesting of Phantom Units is based on employment or service but not subject to achievement of performance goals, the Phantom Units shall not vest more quickly than ratably over a period of
three years or more; provided that the Grant Letter may provide that Phantom Units may vest on an accelerated basis in the event of a Participant’s death, Disability, retirement or involuntary termination without cause, or in the event of a
Change of Control. Phantom Units may be paid at the end of a specified vesting or performance period, or payment may be deferred to a date authorized by the Committee. The Committee shall determine the number of Phantom Units to be granted and the
requirements applicable to such Phantom Units. 
 (c) Payment With Respect to Phantom Units. Payment with respect to
Phantom Units shall be made in cash, in Units, or in a combination of the two, as determined by the Committee. The Grant Letter shall specify the maximum number of Units that can be issued under the Phantom Units. 

(d) Requirement of Employment or Service. The Committee shall determine in the Grant Letter under what circumstances a Participant
may retain Phantom Units after termination 

  
 7 

 
of the Participant’s employment or service, and the circumstances under which Phantom Units may be forfeited. 
 (e) Distribution Equivalents. The Committee may grant Distribution Equivalents in connection with Phantom Units, under such terms and conditions as the Committee deems appropriate. Distribution
Equivalents may be paid to Participants currently or may be deferred. All Distribution Equivalents that are not paid currently shall be credited to bookkeeping accounts on the Company’s records for purposes of the Plan. Distribution Equivalents
may be accrued as a cash obligation, or may converted to additional Phantom Units for the Participant, and deferred Distribution Equivalents may accrue interest, all as determined by the Committee. The Committee may provide that Distribution
Equivalents shall be payable based on the achievement of specific performance goals. Distribution Equivalents may be payable in cash or Units or in a combination of the two, as determined by the Committee. 

9. Unit Awards 
 (a) General Requirements. The Committee may issue Units to an Employee, Consultant or Manager under a Unit Award, upon such terms and conditions as the Committee deems appropriate under this
Section 9. Units issued pursuant to Unit Awards may be issued for cash consideration or for no cash consideration, and subject to restrictions or no restrictions, as determined by the Committee. The Committee may establish conditions under
which restrictions on Unit Awards shall lapse over a period of time or according to such other criteria as the Committee deems appropriate, including restrictions based upon the achievement of specific performance goals. Notwithstanding the
foregoing, (i) if the vesting of Unit Awards is subject to achievement of performance goals, the Unit Awards shall have a minimum vesting period of not less than one year and (ii) if the vesting of Unit Awards is based on employment or
service but not subject to achievement of performance goals, the Unit Awards shall not vest more quickly than ratably over a period of three years or more; provided that the Grant Letter may provide that Unit Awards may vest on an accelerated basis
in the event of a Participant’s death, Disability, retirement or involuntary termination without cause, or in the event of a Change of Control. The Committee shall determine the number of Units to be issued pursuant to a Unit Award. 

(b) Requirement of Employment or Service. The Committee shall determine in the Grant Letter under what circumstances a Participant
may retain Unit Awards after termination of the Participant’s employment or service, and the circumstances under which Unit Awards may be forfeited. 
 (c) Restrictions on Transfer. While Unit Awards are subject to restrictions, a Participant may not sell, assign, transfer, pledge or otherwise dispose of the Units of a Unit Award except upon death
as described in Section 14(a). If certificates are issued, each certificate for a Unit Award shall contain a legend giving appropriate notice of the restrictions in the Grant. The Participant shall be entitled to have the legend removed when
all restrictions on such Units have lapsed. The Company may retain possession of any certificates for Unit Awards until all restrictions on such Units have lapsed. 

  
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 (d) Right to Vote and to Receive Distributions. The Committee shall determine to what
extent, and under what conditions, the Participant shall have the right to vote Units subject to Unit Awards and to receive any distributions paid on such Units during the restriction period. The Committee may determine that distributions on Unit
Awards shall be withheld while the Unit Awards are subject to restrictions and that the distributions shall be payable only upon the lapse of the restrictions on the Unit Awards, or on such other terms as the Committee determines. Distributions that
are not paid currently shall be credited to bookkeeping accounts on the Company’s records for purposes of the Plan. Accumulated distributions may accrue interest, as determined by the Committee, and shall be paid in cash, Units, or in such
other form as distributions are paid on Units, as determined by the Committee. 
 10. Unit Appreciation Rights and Other
Unit-Based Awards 
 (a) UARs. The Committee may grant UARs to an Employee, Consultant or Manager separately or in
tandem with an Option, if and to the extent permitted by section 409A of the Code. The following provisions are applicable to UARs: 
 (i) General Requirements. The Committee shall establish the number of Units, the terms and the base amount of the UAR at the time the UAR is granted. The base amount of each UAR shall be not less
than the Fair Market Value of a Unit as of the date of Grant of the UAR. 
 (ii) Tandem UARs. The Committee may grant
tandem UARs either at the time the Option is granted or at any time thereafter while the Option remains outstanding. In the case of tandem UARs, the number of UARs granted to a Participant that shall be exercisable during a specified period shall
not exceed the number of Units that the Participant may purchase upon the exercise of the related Option during such period. Upon the exercise of an Option, the UARs relating to the Unit covered by such Option shall terminate. Upon the exercise of
UARs, the related Option shall terminate to the extent of an equal number of Units. 
 (iii) Exercisability. A UAR shall
become exercisable in accordance with such terms and conditions as may be specified. The Committee may grant UARs that are subject to achievement of performance goals or other conditions. The Committee may accelerate the exercisability of any or all
outstanding UARs at any time for any reason. The Committee shall determine in the Grant Letter under what circumstances and during what periods a Participant may exercise an UAR after termination of employment or service. A tandem UAR shall be
exercisable only while the Option to which it is related is exercisable. 
 (iv) Exercise of UARs. When a Participant
exercises UARs, the Participant shall receive in settlement of such UARs an amount equal to the value of the Unit appreciation for the number of UARs exercised. The Unit appreciation for a UAR is the amount by which the Fair Market Value of the
underlying Unit on the date of exercise of the UAR exceeds the base amount of the UAR as specified in the Grant Letter. 
 (v)
Form of Payment. The Committee shall determine whether the Unit appreciation for an UAR shall be paid in the form of Units, cash or a combination of the two. 

  
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For purposes of calculating the number of Units to be received, Units shall be valued at their Fair Market Value on the date of exercise of the UAR. If Units are to be received upon exercise of
an UAR, cash shall be delivered in lieu of any fractional Unit. 
 (b) Other Unit-Based Awards. The Committee may grant
other awards not specified in Sections 7, 8 or 9 above that are based on or measured by Units to Employees, Consultants and Managers, on such terms and conditions as the Committee deems appropriate; provided that any full value awards shall be
subject to the vesting restrictions described in Section 8(b). Other Unit-Based Awards may be granted subject to achievement of performance goals or other conditions and may be payable in Units or cash, or in a combination of the two, as
determined by the Committee in the Grant Letter. 
 11. Performance-Based Compensation 

(a) Performance Goals. When performance-based Grants are made, the Committee shall establish in writing (i) the performance
goals that must be met, (ii) the period during which performance will be measured, (iii) the maximum amounts that may be paid if the performance goals are met, and (iv) any other conditions that the Committee deems appropriate.

 (b) Criteria Used for Performance Goals. The Committee shall use performance goals based on any criteria that the
Committee deems appropriate, including the following criteria with respect to APL: Unit price, earnings per Unit, price-earnings multiples, net earnings, operating earnings, revenue, number of days sales outstanding in accounts receivable,
productivity, margin, EBITDA (earnings before interest, taxes, depreciation and amortization), net capital employed, return on assets, Unit holder return, return on equity, return on capital employed, growth in assets, Unit volume, sales, cash flow,
market share, relative performance to a comparison group designated by the Committee, or strategic business criteria consisting of one or more objectives based on meeting specified revenue goals, market penetration goals, customer growth, geographic
business expansion goals, cost targets or goals relating to acquisitions or divestitures. The performance goals may relate to one or more business units or the performance of APL and its subsidiaries as a whole, or any combination of the foregoing.
Performance goals need not be uniform as among Participants. 
 (c) Certification of Results. The Committee shall certify
the performance results for the performance period specified in the Grant Letter after the performance period ends. The Committee shall determine the amount, if any, to be paid pursuant to each Grant based on the achievement of the performance goals
and the satisfaction of all other terms of the Grant Letter. 
 (d) Death, Disability or Other Circumstances. The
Committee may provide in the Grant Letter that performance-based Grants shall be payable, in whole or in part, in the event of the Participant’s death or disability, a Change of Control or under other circumstances determined by the Committee.

 12. Deferrals 
 The Committee may permit or require a Participant to defer receipt of the payment of cash or the delivery of Units that would otherwise be due to the Participant in connection with

  
 10 

 
any Grant. The Committee shall establish rules and procedures for any such deferrals, consistent with applicable requirements of section 409A of the Code. 

13. Withholding of Taxes 
 (a) Required Withholding. All Grants under the Plan shall be subject to applicable federal (including FICA), state and local tax withholding requirements. The Company may require that the
Participant or other person receiving or exercising Grants pay to the Company the amount of any federal, state or local taxes that the Company is required to withhold with respect to such Grants, or the Company may deduct from other wages paid by
the Company the amount of any withholding taxes due with respect to such Grants. The Company may require forfeiture of any Grant for which the Grantee does not timely pay the applicable withholding taxes. 

(b) Election to Withhold Units. If the Committee so permits, Units may be withheld to satisfy the Company’s tax withholding
obligation with respect to Grants paid in Units, at the time such Grants become taxable, up to an amount that does not exceed the minimum applicable withholding tax rate for federal (including FICA), state and local tax liabilities. 

14. Transferability of Grants 
 (a) Restrictions on Transfer. Except as described in subsection (b) below, only the Participant may exercise rights under a Grant during the Participant’s lifetime, and a Participant may
not transfer those rights except by will or by the laws of descent and distribution. When a Participant dies, the personal representative or other person entitled to succeed to the rights of the Participant may exercise such rights. Any such
successor must furnish proof satisfactory to the Company of his or her right to receive the Grant under the Participant’s will or under the applicable laws of descent and distribution. 

(b) Transfer of Options to or for Family Members. Notwithstanding the foregoing, the Committee may provide, in a Grant Letter,
that a Participant may transfer Options to family members, or one or more trusts or other entities for the benefit of or owned by family members, consistent with the applicable securities laws, according to such terms as the Committee may determine;
provided that the Participant receives no consideration for the transfer of an Option and the transferred Option shall continue to be subject to the same terms and conditions as were applicable to the Option immediately before the transfer.

 15. Consequences of a Change of Control 

(a) Upon a Change of Control, unless the Committee determines otherwise in the Grant Letter, all Grants shall automatically vest and
become payable or exercisable, as the case may be, in full. Notwithstanding the foregoing, in the event of a Change of Control, the Committee may take any one or more of the following actions with respect to any or all outstanding Grants, without
the consent of any Participant: (i) the Committee may require that Participants surrender their outstanding Options and UARs for cancellation in exchange for one or more payments by the Company, in cash or Units as determined by the Committee,
in an amount equal to the amount, if any, by which the then Fair Market Value of the Units subject to 

  
 11 

 
the Participant’s unexercised Options and UARs exceeds the Exercise Price or base amount, as applicable, and on such terms as the Committee determines, (ii) after giving Participants an
opportunity to exercise their outstanding Options and UARs, the Committee may terminate any or all unexercised Options and UARs at such time as the Committee deems appropriate, (iii) with respect to Participants holding Phantom Units, Other
Unit-Based Awards or Distribution Equivalents, the Committee may determine that such Participants shall receive one or more payments in settlement of such Phantom Units, Other Unit-Based Awards or Distribution Equivalents, in such amount and form
and on such terms as may be determined by the Committee, or (iv) the Committee may determine that Grants that remain outstanding after the Change of Control shall be converted to similar grants of the surviving entity (or a parent or subsidiary
of the surviving entity). Without limiting the foregoing, if the per Unit Fair Market Value of the Units does not exceed the per Unit Exercise Price or base price of an Option or UAR, the Company shall not be required to make any payment to the
Grantee upon surrender of the Option or UAR. Any acceleration, surrender, termination, settlement or conversion shall take place as of the date of the Change of Control or such other date as the Committee may specify. 

(b) Other Transactions. The Committee may provide in a Grant Letter that a sale or other transaction involving a subsidiary or
other business unit shall be considered a Change of Control for purposes of a Grant, or the Committee may establish other provisions that shall be applicable in the event of a specified transaction, including provisions to comply with section 409A
of the Code, if applicable. 
 16. Requirements for Issuance of Units 

No Units shall be issued in connection with any Grant hereunder unless and until all legal requirements applicable to the issuance of such
Units have been complied with to the satisfaction of the Committee. The Committee shall have the right to condition any Grant made to any Participant hereunder on such Participant’s undertaking in writing to comply with such restrictions on his
or her subsequent disposition of such Units as the Committee shall deem necessary or advisable, and certificates representing such Units may be legended to reflect any such restrictions. Certificates representing Units issued under the Plan will be
subject to such stop-transfer orders and other restrictions as may be required by applicable laws, regulations and interpretations, including any requirement that a legend be placed thereon. No Participant shall have any right as a Unit holder with
respect to Units covered by a Grant until Units have been issued to the Participant. 
 17. Amendment and Termination of
the Plan 
 (a) Amendment. The Board may amend or terminate the Plan at any time; provided, however, that the
Board shall not amend the Plan without approval of the Unit holders if such approval is required in order to comply with applicable stock exchange requirements. No amendment or termination of this Plan shall, without the consent of the Participant,
materially impair any rights or obligations under any Grant previously made to the Participant under the Plan, unless such right has been reserved in the Plan or the Grant Letter, or except as provided in Section 18(b) below. Notwithstanding
anything in the Plan to the contrary, the Board may 

  
 12 

 
amend the Plan in such manner as it deems appropriate in the event of a change in applicable law or regulations. 
 (b) No Repricing. Except in connection with a transaction involving APL (including without limitation, any distribution of Units, Unit split, APL’s payment of an extraordinary distribution,
recapitalization, reorganization, merger, consolidation, split-up, spin-off, combination or exchange of Units), the terms of outstanding Grants may not be amended to reduce the Exercise Price or base amount, as applicable, of outstanding Options or
UARs or cancel outstanding Options or UARs in exchange for cash, other Grants or Options or UARs with an Exercise Price or base amount that is less than the Exercise Price or base amount of the original Options or UARs without Unit holder approval.

 (c) Termination of Plan. The Plan shall terminate on the day immediately preceding the tenth anniversary of its
Effective Date, unless the Plan is terminated earlier by the Board or is extended by the Board with the approval of the Unit holders. The termination of the Plan shall not impair the power and authority of the Committee with respect to an
outstanding Grant. 
 18. Miscellaneous 
 (a) Grants in Connection with Corporate Transactions and Otherwise. Nothing contained in this Plan shall be construed to (i) limit the right of the Committee to make Grants under this Plan in
connection with the acquisition, by purchase, lease, merger, consolidation or otherwise, of the business or assets of any corporation, firm or association, including Grants to employees thereof who become Employees, or for other proper corporate
purposes, or (ii) limit the right of the Company to grant options or make other Unit-based awards outside of this Plan. Without limiting the foregoing, the Committee may make a Grant to an employee of another corporation who becomes an Employee
by reason of a corporate merger, consolidation, acquisition of stock or property, reorganization or liquidation involving APL in substitution for a grant made by such corporation. The terms and conditions of the Grants may vary from the terms and
conditions required by the Plan and from those of the substituted grants, as determined by the Committee 
 (b) Compliance
with Law. The Plan, the exercise of Options and the obligations of the Company to issue or transfer Units under Grants shall be subject to all applicable laws and to approvals by any governmental or regulatory agency as may be required. With
respect to persons subject to section 16 of the Exchange Act, it is the intent of the Company that the Plan and all transactions under the Plan comply with all applicable provisions of Rule 16b-3 or its successors under the Exchange Act. It is the
intent of the Company, to the extent applicable, that Grants comply with the requirements of section 409A of the Code or an exception from such requirements. To the extent that any legal requirement of section 16 of the Exchange Act or section 409A
of the Code as set forth in the Plan ceases to be required under section 16 of the Exchange Act or section 409A of the Code, that Plan provision shall cease to apply. The Committee may revoke any Grant if it is contrary to law or modify a Grant to
bring it into compliance with any valid and mandatory government regulation. The Committee may, in its sole discretion, agree to limit its authority under this Section. 

  
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 (c) Section 409A. The Plan and Grants under the Plan are intended to comply with
section 409A of the Code and its corresponding regulations, or an exemption, and payments may only be made upon an event and in a manner permitted by section 409A, to the extent applicable. Notwithstanding anything in a Grant Letter to the contrary,
if required by section 409A, if a Participant is considered a “specified employee” for purposes of section 409A and if payment of any amounts under the Grant Letter is required to be delayed for a period of six months after separation from
service pursuant to section 409A, payment of such amounts shall be delayed as required by section 409A, and the accumulated amounts shall be paid in a lump sum payment within ten days after the end of the six-month period (or within 60 days after
the death of the Participant, if the Participant dies during the postponement period). Under a Grant that is subject to 409A, all payments to be made upon a termination of employment may only be made upon a “separation from service” under
section 409A and, unless the Grant Letter provides otherwise, the right to a series of installment payments shall be treated as a right to a series of separate payments. In no event may a Participant, directly or indirectly, designate the calendar
year of a payment other than in accordance with section 409A. 
 (d) Enforceability. The Plan shall be binding upon and
enforceable against the Company and its successors and assigns. 
 (e) Funding of the Plan; Limitation on Rights. This
Plan shall be unfunded. The Company shall not be required to establish any special or separate fund or to make any other segregation of assets to assure the payment of any Grants under this Plan. Nothing contained in the Plan and no action taken
pursuant hereto shall create or be construed to create a fiduciary relationship between the Company and any Participant or any other person. No Participant or any other person shall under any circumstances acquire any property interest in any
specific assets of the Company. To the extent that any person acquires a right to receive payment from the Company hereunder, such right shall be no greater than the right of any unsecured general creditor of the Company. 

(f) Rights of Participants. Nothing in this Plan shall entitle any Employee, Manager or other person to any claim or right to
receive a Grant under this Plan. Neither this Plan nor any action taken hereunder shall be construed as giving any individual any rights to be retained by or in the employment or service of the Employer. 

(g) No Fractional Units. No fractional Units shall be issued or delivered pursuant to the Plan or any Grant. The Committee shall
determine whether cash, other awards or other property shall be issued or paid in lieu of such fractional Units or whether such fractional Units or any rights thereto shall be forfeited or otherwise eliminated. 

(h) Employees Subject to Taxation Outside the United States. With respect to Participants who are subject to taxation in countries
other than the United States, the Committee may make Grants on such terms and conditions as the Committee deems appropriate to comply with the laws of the applicable countries, and the Committee may create such procedures, addenda and subplans and
make such modifications as may be necessary or advisable to comply with such laws. 

  
 14 

 (i) Governing Law. The validity, construction, interpretation and effect of the Plan
and Grant Letters issued under the Plan shall be governed and construed by and determined in accordance with the laws of the State of Delaware, without giving effect to the conflict of laws provisions thereof. 

The Plan was amended by the Managing Board of the Company on April 26, 2011. 

  
 15

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