Document:

EX-10.2

 EXHIBIT 10.2 
 ADVENTRX Pharmaceuticals, Inc. Amended and Restated 2008 Omnibus Incentive Plan 
 Incentive Stock Option Grant Agreement 
 THIS INCENTIVE STOCK OPTION
GRANT AGREEMENT (this “Agreement”), effective as of [                    ] (the “Grant Date”), is entered into by and
between ADVENTRX Pharmaceuticals, Inc., a Delaware corporation (the “Company”), and Santosh Vetticaden (the “Grantee”). 
 1. Grant of Option. The Company hereby grants to the Grantee a stock option (the “Option”) to purchase
[                    ] shares of common stock of the Company, par value $0.001 per share (the “Shares”), at the exercise price of
$[            ] per Share (the “Exercise Price”). The Option is intended to qualify as an incentive stock option under Section 422 of the Code. 

2. Subject to the Plan. This Agreement is subject to the provisions of the ADVENTRX Pharmaceuticals, Inc. Amended and Restated
2008 Omnibus Incentive Plan (the “Plan”), and, unless the context requires otherwise, terms used herein shall have the same meaning as in the Plan. In the event of a conflict between the provisions of the Plan and this Agreement, the Plan
shall control. 
 3. Term of Option. Unless the Option terminates earlier pursuant to the provisions of this Agreement,
the Option shall expire ten years from the Grant Date, except as provided in paragraph (g) of Section 6. 
 4.
Vesting. The Option shall become vested with respect to [one-fourth of the Shares on [                    ] and as to one forty-eighth
of the Shares on each monthly anniversary thereafter until all of the Shares have vested] / [one forty-eighth of the Shares on each monthly anniversary of
[                    ] until all of the Shares have vested]; provided, however, that the Grantee is then providing Services.

 5. Exercise of Option 
 (a) Manner of Exercise. To the extent vested, the Option may be exercised, in whole or in part, by delivering written notice to the Company in accordance with paragraph (g) of Section 8
in such form as the Company may require from time to time. Such notice shall specify the number of Shares subject to the Option as to which the Option is being exercised, and shall be accompanied by full payment of the Exercise Price of such Shares
in a manner permitted under the terms of Section 5.5 of the Plan, except that payment with previously acquired Shares may only be made with the consent of the Committee. The Option may be exercised only in multiples of whole Shares and no
fractional Shares shall be issued. 
 (b) Issuance of Shares. Upon exercise of the Option and payment of the Exercise
Price for the Shares as to which the Option is exercised, the Company shall issue to the Grantee the applicable number of Shares in the form of fully paid and nonassessable Shares. 

(c) Capitalization Adjustments. The number of Shares subject to the Option and the Exercise Price shall be equitably and
appropriately adjusted, if applicable, as provided in Section 12.2 of the Plan. 
 (d) Withholding. No Shares will
be issued on exercise of the Option unless and until the Grantee pays to the Company, or makes satisfactory arrangements with the Company for payment of, any federal, state or local taxes required by law to be withheld in respect of the exercise of
the Option. The Grantee hereby agrees that the Company may withhold from the Optionee’s wages or other remuneration the applicable taxes. At the discretion of the Company, the applicable taxes may be withheld in kind from the Shares otherwise
deliverable to the Grantee on exercise of the Option, up to the Grantee’s minimum required withholding rate or such other rate that will not trigger a negative accounting impact. 

(e) Notice of Disposition. Grantee agrees to notify the Company in writing within fifteen (15) days after the date of any
disposition of any of the Shares issued upon exercise of the Option that occurs within the later of two (2) years after the Grant Date or within one (1) year after such Shares are transferred to the Grantee. 

 6. Termination of Option 

(a) Termination of Employment or Service Relationship Other Than Due to Retirement, Death, Disability, Involuntary Termination or
Cause. Unless the Option has earlier terminated, the Option shall terminate in its entirety, regardless of whether the Option is vested, ninety (90) days after the date the Grantee ceases to provide Services for any reason other than, as
applicable, the Grantee’s Retirement, death, Disability, Involuntary Termination or termination for Cause. Except as provided in paragraphs (b), (c), (d) or (e) of this Section, any portion of the Option that is not vested at the time
the Grantee ceases to provide Services shall immediately terminate. 
 (b) Retirement. Upon the Retirement of the
Grantee, unless the Option has earlier terminated, the Option shall continue in effect (and, for purposes of vesting pursuant to Section 4, the Grantee shall be deemed to continue to be providing Services) until the earlier of (i) two
(2) years after the Grantee’s Retirement (or, if later, the fifth anniversary of the Grant Date) or (ii) the expiration of the Option’s term pursuant to Section 3. For purposes of this Agreement, “Retirement” shall
mean termination of the Grantee’s employment with the Company and its Subsidiaries, or a successor company (or a subsidiary or parent thereof) and their respective subsidiaries, other than for Cause (a) if (i) the Grantee is then at
least age 60 and (ii) the sum of the Grantee’s age and years of continuous service with the Company and its Subsidiaries is then equal to at least 70 or (b) if the Committee characterizes such termination as a “Retirement”
for purposes of this Agreement. For clarity, this Section 6(b) shall apply only to Grantees who are Employees at the time of termination. 
 (c) Death. Upon the Grantee’s death, unless the Option has earlier terminated, the Grantee’s executor or personal representative, the person to whom the Option shall have been transferred
by will or the laws of descent and distribution, or such other permitted transferee, as the case may be, may exercise the Option in accordance with paragraph (a) of Section 5, to the extent vested, provided such exercise occurs
within twelve (12) months after the date of the Grantee’s death or by the end of the term of the Option pursuant to Section 3, whichever is earlier. 
 (d) Disability. In the event that the Grantee ceases to provide Services by reason of Disability, unless the Option has earlier terminated, the Option may be exercised, in accordance with paragraph
(a) of Section 5, to the extent vested, provided such exercise occurs within six (6) months after the date of Disability or by the end of the term of the Option pursuant to Section 3, whichever is earlier. For purposes of
this Agreement, “Disability” shall mean the Grantee’s becoming disabled within the meaning of Section 22(e)(3) of the Code, or as otherwise determined by the Committee in its discretion. The Committee may require such proof of
Disability as the Committee in its sole and absolute discretion deems appropriate and the Committee’s determination as to whether the Grantee has incurred a Disability shall be final and binding on all parties concerned. 

(e) Involuntary Termination. In the event that the Grantee ceases to provide Services as an Employee by
reason of an Involuntary Termination, unless the Option has earlier terminated, the Option shall, immediately prior to such Involuntary Termination, vest and become exercisable with respect to 18.75% of the total number of Shares subject to this
Option (or [                    ] Shares), and the Option may be exercised, in accordance with paragraph (a) of Section 5, to the
extent vested as of such Involuntary Termination (for clarity, after taking into account the foregoing acceleration provision of this paragraph (e)), provided such exercise occurs by the close of business on the last calendar day of the 9th full calendar month following the date of such Involuntary
Termination. For purposes of this Agreement, “Involuntary Termination” shall mean: (i) without Grantee’s express written consent, a material reduction or alteration of Grantee’s duties, position or responsibilities relative
to Grantee’s duties, position or responsibilities in effect immediately prior to such reduction or alteration, or Grantee’s removal from such position, duties or responsibilities; (ii) without Grantee’s express written consent, a
material reduction by the Company of Grantee’s base salary as in effect immediately prior to such reduction; (iii) without Grantee’s express written consent, the relocation of Grantee’s principal place of employment with the
Company by more than fifty (50) miles; (iv) any termination of Grantee’s employment by the Company without Cause. Except in the case of a termination of Grantee by the Company without Cause, an “Involuntary Termination”
shall not be deemed to occur until the Company has received written notice from Grantee of the occurrence of an Involuntary Termination and had thirty (30) days after the Company’s receipt of such notice to cure or remedy such Involuntary
Termination (the “Remedy Period”). Any such notice provided by Grantee shall indicate the specific termination provision relied upon, shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for
termination under the provision so indicated, and shall specify the effective date of your “separation from service” within the meaning of Section 409A of the Code. In order to be effective, a resignation for Involuntary Termination
must occur within ten (10) business days after the end of the Remedy Period in which the Company failed to cure or remedy the Involuntary Termination and Grantee must have provided the foregoing written notice of the occurrence of an
Involuntary Termination event to the Company within ninety (90) days of Grantee’s awareness of the initial existence of the applicable Involuntary Termination event. 

  

- 2 - 

 (f) Termination for Cause. Upon termination by the Company or a Subsidiary or a
successor company (or a subsidiary or parent thereof) of the Grantee’s employment or service relationship for Cause, unless the Option has earlier terminated, the Option shall immediately terminate in its entirety and shall thereafter not be
exercisable to any extent whatsoever. For purposes of this Agreement, “Cause” shall mean: (i) any act of personal dishonesty by Grantee in connection with Grantee’s hiring process with the Company that the Company’s Board of
Directors reasonably believes has had or will have a material detrimental effect on the Company’s reputation or business; (ii) any act of personal dishonesty by Grantee in connection with Grantee’s responsibilities as an employee
which is intended to result in Grantee’s substantial personal enrichment; (iii) continued willful violations by Grantee of Grantee’s obligations to the Company after there has been delivered to Grantee a written demand for performance
from the Company that describes the basis for the Company’s belief that Grantee has not substantially performed Grantee’s duties; (iv) a willful act by Grantee that constitutes misconduct and is materially injurious to the Company;
and (v) Grantee’s conviction (including any plea of guilty or nolo contendere) of any felony that the Company’s Board of Directors reasonably believes has had or will have a material detrimental effect on the Company’s reputation
or business. 
 (g) Automatic Extension of Exercise Period. Notwithstanding any provisions of Section 3 or
paragraphs (a), (b), (c), (d) or (e) of this Section to the contrary, if on the last business day of the term of the Option under Section 3 or if following termination of service and during any part of the time period set forth in the
applicable paragraph of this Section (i) exercise of the Option is prohibited by applicable law or (ii) the Grantee may not purchase or sell Shares due to a “black-out period” of a Company insider trading policy, the term of the
Option under Section 3 or the time period to exercise the Option under Section 3 or paragraphs (a), (b), (c), (d) or (e) of this Section, as applicable, shall be extended until the later of (x) thirty (30) days after
the end of the applicable legal prohibition or black-out period or (y) the end of the time period set forth in the applicable paragraph of this Section. 
 7. Change in Control. 
 (a) Assumption or
Substitution. In the event of a Change in Control, unless the Option has earlier terminated, to the extent the successor company (or a subsidiary or parent thereof) does not assume or substitute for the Option on substantially the same terms and
conditions (which may include settlement in the common stock of the successor company (or a subsidiary or parent thereof)), the Option (i) shall vest and become exercisable on the day prior to the date of the Change in Control if the Grantee
(A) is then providing Services or (B) was the subject of an Involuntary Termination in connection with, related to or in contemplation of the Change in Control and (ii) may be exercised, in accordance with paragraph (a) of
Section 5, provided such exercise occurs by the close of business on the last calendar day of the 18th full calendar month following the date of such Involuntary Termination or by the end of the term of the Option pursuant to Section 3, whichever is earlier. 

(b) Tail. In the event of a Change in Control, to the extent the successor company (or a subsidiary or parent
thereof) assumes or substitutes for the Option on substantially the same terms and conditions (which may include providing for settlement in the common stock of the successor company (or a subsidiary or parent thereof)) and in the event of an
Involuntary Termination of the Grantee within 24 months following the date of the Change in Control, the Option shall become vested and exercisable, and may be exercised by the Grantee at any time until the close of business on the last calendar day
of the 18th full calendar month following the date of such
Involuntary Termination or by the end of the term of the Option pursuant to Section 3, whichever is earlier. 
 8.
Miscellaneous. 
 (a) No Rights of Stockholder. The Grantee shall not have any of the rights of a stockholder with
respect to the Shares subject to this Option until such Shares have been issued upon the due exercise of the Option. 
 (b)
No Registration Rights; No Right to Settle in Cash. The Company has no obligation to register with any governmental body or organization (including, without limitation, the U.S. Securities and Exchange Commission (“SEC”)) any of
(a) the offer or issuance of any Award, (b) any Shares issuable upon the exercise of any Award, or (c) the sale of any Shares issued upon exercise of any Award, regardless of whether the Company in fact undertakes to register any of
the foregoing. In particular, in the event that any of (x) any offer or issuance of any Award, (y) any Shares issuable upon exercise of any Award, or (z) the sale of any Shares issued upon exercise of any Award are not registered with
any governmental body or organization (including, without limitation, the SEC), the Company will not under any circumstance be required to settle its obligations, if any, under this Plan in cash. 

  

- 3 - 

 (c) Nontransferability of Option. The Option shall be nontransferable otherwise than
by will or the laws of descent and distribution, and during the lifetime of the Grantee, the Option may be exercised only by the Grantee or, during the period the Grantee is under a legal disability, by the Grantee’s guardian or legal
representative. Notwithstanding the foregoing, the Grantee may, by delivering written notice to the Company, in a form provided by or otherwise satisfactory to the Company, designate a third party who, in the event of the Grantee’s death, shall
thereafter be entitled to exercise the Option. 
 (d) Severability. If any provision of this Agreement shall be held
unlawful or otherwise invalid or unenforceable in whole or in part by a court of competent jurisdiction, such provision shall (i) be deemed limited to the extent that such court of competent jurisdiction deems it lawful, valid and/or
enforceable and as so limited shall remain in full force and effect, and (ii) not affect any other provision of this Agreement or part thereof, each of which shall remain in full force and effect. 

(e) Governing Law. This Agreement shall be governed by, and interpreted in accordance with, the laws of the State of California,
other than its conflict of laws principles. 
 (f) Headings. The headings in this Agreement are for reference purposes
only and shall not affect the meaning or interpretation of this Agreement. 
 (g) Notices. All notices required or
permitted under this Agreement shall be in writing and shall be sufficiently made or given if hand delivered or mailed by registered or certified mail, postage prepaid. Notice by mail shall be deemed delivered on the date on which it is postmarked.

 Notices to the Company should be addressed to: 
 ADVENTRX Pharmaceuticals, Inc. 
 12390 El Camino Real, Suite 150 

San Diego, CA 92130 
 Attention: Legal 
 Notice to the Grantee should be addressed to the Grantee at the
Grantee’s address as it appears on the records of the Company or a Subsidiary or a successor company (or a subsidiary or parent thereof). 
 The Company or the Grantee may by writing to the other party, designate a different address for notices. If the receiving party consents in advance, notice may be transmitted and received via facsimile or
via such other electronic transmission mechanism as may be available to the parties. Such notices shall be deemed delivered when received. 
 (h) Agreement Not a Contract. This Agreement (and the grant of the Option) is not an employment or service contract, and nothing in the Option shall be deemed to create in any way whatsoever
any obligation on Grantee’s part to continue as an employee or director of or consultant to the Company or a Subsidiary or a successor company (or a subsidiary or parent thereof), or of the Company or a Subsidiary or a successor company (or a
subsidiary or parent thereof) to continue Grantee’s service as such an employee, director or consultant. 
 (i) Entire
Agreement; Modification. This Agreement and the Plan contain the entire agreement between the parties with respect to the subject matter contained herein and may not be modified, except as provided in the Plan or in a written document signed by
each of the parties hereto, and may be rescinded only by a written agreement signed by both parties. 
 IN WITNESS WHEREOF, the
parties have executed this Agreement effective as of the Grant Date. 
  

			
	ADVENTRX PHARMACEUTICALS, INC.
		
	By:	 	  

	
	  

		 	Grantee                    

  

- 4 -Working Capital Loan Agreement

 Exhibit 10.2 
 Execution Version 
 WORKING CAPITAL LOAN AGREEMENT 

This WORKING CAPITAL LOAN AGREEMENT (this “Agreement”) is made as of November 1, 2012 (the
“Effective Date”), between Anadarko Petroleum Corporation, a Delaware corporation, with principal offices at 1201 Lake Robbins Drive, The Woodlands, Texas 77380 (“Lender”), and Western Gas Equity
Partners, LP, a Delaware limited partnership with principal offices at 1201 Lake Robbins Drive, The Woodlands, Texas 77380 (“Borrower”). 
 For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Lender and Borrower agree as follows: 
 1. Loans. Subject to the terms and conditions of this Agreement, from time to time during the period from the Effective Date to November 1, 2017 (the “Maturity Date”),
Lender agrees to make loans (“Loans”) to Borrower in an aggregate principal amount outstanding not to exceed $30,000,000.00 (the “Commitment Amount”) at any time. Within the foregoing limits, Borrower
may borrow, repay and reborrow Loans in accordance with the terms and conditions hereof. 
 2. Repayment of the Loans. Borrower promises
to pay the then outstanding principal balance of the Loans, together with interest accrued and outstanding thereon and any other sums due hereunder, on the Maturity Date or such earlier date upon which the maturity of the Loans may have been
accelerated pursuant to Section 8. Notwithstanding the foregoing, Borrower shall repay the Loans such that no principal is outstanding for a period of at least fifteen consecutive days during the twelve month period commencing on the
Effective Date and during the twelve month period commencing on each anniversary thereof. 
 3. Procedure for Borrowing. Borrower may
borrow Loans on any Business Day (together with other capitalized terms not defined in the body of this Agreement, as defined in Exhibit A); provided that Borrower shall give written notice (each a “Borrowing Notice”) to
Lender no later than the close of business on the day prior to the date of funding (each a “Borrowing Date”). Borrower shall give such notice in a form acceptable to Lender and each such Borrowing Notice shall specify (i) the amount
of Loans to be borrowed, (ii) the requested Borrowing Date and (iii) the location and number of the Borrower’s account to which funds are to be disbursed. A Loan may only be made in US Dollars, and each Loan shall bear interest at the
one-month Base Rate and be for an Interest Period of one month. The Lender will make such Loans available to the Borrower by promptly crediting such amounts to the account of the Borrower designated by the Borrower in the applicable Borrowing
Notice. 
 4. Interest. Borrower shall pay interest on the unpaid principal amount of each Loan, which shall bears interest for each day
during each Interest Period with respect thereto at the rate per annum equal to the Base Rate and such interest shall be payable in arrears on each Interest Payment Date. If all or a portion of the principal amount of any Loan, the interest payable
on any Loan, or any other amount payable hereunder shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such unpaid amount shall bear interest at a rate per annum equal to the Base Rate plus 2%, and such
interest shall accrue from the date of such non-payment until such amount is paid in full (as well after as before judgment) and be payable from time to time on demand. 
 Interest shall be calculated on the basis of a 360-day year for the actual days elapsed. Any change in the interest rate resulting from a change in the LIBO Base Rate shall become effective as of the
opening of business on the day on which such change in the applicable rate shall become effective. 
 Notwithstanding the
foregoing provisions of this Section 4 or any other provision of this Agreement, interest on the Loans and other amounts due hereunder at any time shall be limited to the highest lawful rate that may be charged under the laws of the
State of Texas at such time. 
 5. Increased Costs; Taxes; Prepayments of Loans. Borrower shall pay increased costs on the Loans and
taxes in connection with the Loans, in each case in accordance with the procedures and terms of the Revolving Credit Agreement as if the loans were loans thereunder and Lender were a lender thereunder. 

The Borrower may, at its option, as provided in this Section 5, at any time and from time to time prepay the Loans, in whole or in
part, upon notice to the Lender specifying (i) the date and amount of prepayment and (ii) the respective amounts to be prepaid in respect of such Loans. The payment amount specified in such notice shall be

  
 1 

 
due and payable on the date specified. All prepayments pursuant to this Section 5 shall include accrued interest on the amount prepaid to the date of prepayment. 

6. Borrower’s Representations and Warranties. Borrower represents and warrants to Lender that: 

 

	 	(a)	Borrower (i) has been duly formed and is validly existing in good standing under the laws of the State of Delaware and (ii) is qualified to do business as a
foreign entity in good standing in each jurisdiction of the United States in which the ownership of its properties or the conduct of its business requires such qualification and where the failure to so qualify would be reasonably expected to have a
material adverse effect on the Borrower and its subsidiaries, taken as a whole; and 

  

	 	(b)	this Agreement has been duly authorized, executed and delivered by Borrower and constitutes the valid and binding agreement of Borrower, enforceable in accordance with
its terms. 

 7. Conditions of Lending. The obligation of Lender to make any Loan is
subject to the conditions precedent that: 
  

	 	(a)	Each of the representations and warranties set forth in Section 6 is true and accurate on and as of the date of the making of such Loan; and

  

	 	(b)	no event has occurred and is continuing or would result from the proposed Loan that constitutes a Default or Event of Default. 

8. Events of Default. If one or more of the following events of default (each an “Event of Default”) shall occur and be
continuing: 
  

	 	(a)	Borrower shall default in any payment of principal when and as the payment shall become due and payable, or Borrower shall default in any payment of interest as
required herein, or in the payment of any fees or other amounts, when the same shall become due and payable, and such default shall continue for a period of three (3) Business Days; 

 

	 	(b)	Borrower shall (i) apply for or consent to the appointment of, or the taking of possession by, a receiver, custodian, trustee or liquidator of itself or of its
property, (ii) admit in writing of its inability to pay its debts as such debts become due, (iii) make a general assignment for the benefit of its creditors, (iv) commence a voluntary case under any Bankruptcy Law, (v) file a
petition seeking to take advantage of any other law providing for similar relief of debtors, or (vi) consent or acquiesce in writing to any petition duly filed against it in any involuntary case under any Bankruptcy Law; or

  

	 	(c)	a proceeding or case shall be commenced, without the application or consent of Borrower in any court of competent jurisdiction seeking (i) its liquidation,
reorganization, dissolution or winding up, or the composition or readjustment of its debts, (ii) the appointment of a trustee, receiver, custodian, liquidator or the like of it or of its assets, or (iii) similar relief in respect of it,
under any law providing for the relief of debtors, and such proceeding or case shall continue undismissed, or unstayed and in effect, for a period of sixty (60) days (or such longer period, so long as Borrower shall be taking such action in
good faith as shall be reasonably necessary to obtain the timely dismissal or stay of such proceeding or case); or an order for relief shall be entered in an involuntary case under any applicable Bankruptcy Law, against Borrower; or

  

	 	(d)	a Change of Control shall occur, 

 then and in
each and every case Lender, by notice in writing to Borrower, may terminate the commitment of Lender hereunder and/or declare the unpaid balance of the Loans and any other amounts payable hereunder to be forthwith due and payable, and thereupon such
balance shall become so due and payable without presentation, protest or further demand or notice of any kind, all of which are hereby expressly waived; provided that in the case of Section 8(b) and Section 8(c) above, the
commitments of Lender hereunder shall automatically terminate and the Loans and any other amounts payable hereunder shall forthwith be due and payable. 
 9. Notices. All notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent
by telecopy, as follows: 

  
 2 

 if to the Borrower, to it at 1201 Lake Robbins Drive, The Woodlands, Texas 77380, Attention of the
Chief Financial Officer, Telecopy No. 832-636-0278; messenger delivery to 1201 Lake Robbins Drive, The Woodlands, Texas 77380; 
 if to
the Lender, to it at 1201 Lake Robbins Drive, The Woodlands, Texas 77380, Attention of the Assistant Treasurer, Telecopy No. 832-636-8214; messenger delivery to 1201 Lake Robbins Drive, The Woodlands, Texas 77380; 

Any party hereto may change its address or telecopy number for notices and other communications hereunder by notice to the other parties
hereto. All notices and other communications given to any party hereto in accordance with the provisions of this Agreement shall be deemed to have been given on the date of receipt. 

The Lender or the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic
communications pursuant to procedures approved by it; provided that approval of such procedures may be limited to particular notices or communications. 
 10. Waivers; Amendments. No failure or delay by Lender to exercise any right or power shall operate as a waiver thereof, nor shall any partial exercise of any such right or power, or any
abandonment or discontinuance of steps to enforce such right or power, preclude any other or further exercise of such right or power. No waiver of any right or power of Lender in this Agreement shall be effective unless given in writing signed by
Lender. This Agreement may not be amended or modified except by a writing signed by the parties. 
 11. Expenses of Enforcement. Borrower
shall reimburse Lender on demand for any fees or other expenses of Lender in connection with the enforcement of this Agreement and the collection of the Loans and any other amounts due Lender hereunder. Borrower agrees, to the fullest extent
permitted by law, to indemnify and hold harmless Lender and each of its directors, officers, employees and agents (each an “Indemnified Party”) from and against any and all claims, damages, liabilities and expenses (including
without limitation fees and disbursements of counsel) arising out of or in connection with any investigation, litigation or proceeding (whether or not any Indemnified Party is a party) arising out of, related to or in connection with this Agreement,
the Loans or any transaction in which any proceeds of all or any part of the Loans made hereunder are applied, provided that such indemnity shall not, as to any Indemnified Party, be available to the extent that such losses, claims, damages,
liabilities or related expenses resulted from the gross negligence, unlawful conduct or willful misconduct of such Indemnified Party. 
 12.
Successors and Assigns. This Agreement shall be binding on and inure to the benefit of the parties and their respective successors and permitted assigns. Borrower may not assign this Agreement or delegate any of its duties hereunder without
the express written consent of Lender. 
  

	13.	Governing Law. This Agreement shall be construed in accordance with and governed by the laws of the State of Texas. 

14. Headings; Section References. Headings in this Agreement are for convenience only and shall not be used to interpret or construe its
provisions. References to Sections in this Agreement are to Sections of this Agreement. 
 15. Counterparts. This Agreement may be
executed in two or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument. 
 16. Entire Agreement. This instrument and any other loan documents executed in connection herewith constitute the entire Agreement between Lender and Borrower relating to the subject matter hereof
and may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements of the parties. There are no unwritten oral agreements between the parties relating to the subject matter hereof. 

17. No Third Party Beneficiaries. The agreement of Lender to make Loans to Borrower on the terms and conditions set forth in this Agreement is
solely for the benefit of Borrower and no other person has any rights hereunder against Lender or with respect to the extension of credit contemplated hereby. 
 18. Special Exculpation. No claim may be made by Borrower or any other person against Lender, directors, officers, employees, attorneys or agents of any of them for any special, indirect,
consequential or punitive damages in respect of any claim for breach of contract or any other theory of liability arising out of or relating to this Agreement or any other financing document or the transactions contemplated hereby or thereby, or any
act, omission or event occurring in connection therewith, and Borrower hereby waives, releases and agrees not to sue upon any claim for any such damages, whether or not accrued and whether or not known or suspected to exist in its favor. 

  
 3 

 19. Waiver of Jury Trial. Each of Borrower and Lender hereby irrevocably waives, to the fullest
extent permitted by law, any and all right to trial by jury in any legal proceeding arising out of or relating to this Agreement or the transactions contemplated hereby. 
 20. Severability. If any term or provision of this Agreement shall be determined to be illegal or unenforceable, all other terms and provisions of this Agreement shall nevertheless remain effective
and shall be enforced to the fullest extent permitted by applicable law. 
 21. Further Assurances. The parties agree (a) to furnish
upon request to each other such further information, (b) to execute and deliver to each other such other documents, and (c) to do such other acts and things, all as the other party may reasonably request for the purpose of carrying out the
intent of this Agreement. 
 In witness whereof the parties have caused this Agreement to be executed by their proper officers
on the day and year first above written. 
 [Signatures on following page] 

  
 4 

 
			
	Anadarko Petroleum Corporation
		
	 By:
	 	 /s/    Robert G.
Gwin        
 Robert G. Gwin

SVP Finance, and Chief Financial Officer

	
	Western Gas Equity Partners, LP
		
	 By:
	 	 Western Gas Equity Holdings, LLC,

its general partner

		
	 By:
	 	 /s/    Donald R.
Sinclair        
 Donald R. Sinclair

President and Chief Executive Officer

 Signature Page to Working Capital Loan Agreement 

  
 5 

 Exhibit A 

As used in the Agreement to which this Exhibit A is attached, the following terms have the meanings
indicated: 
 “Base Rate” means the one month LIBO Base Rate plus 1.50%. 

“Bankruptcy Law” means Title 11 of the United States Code entitled “Bankruptcy”, as amended from time
to time and any similar other applicable law or statute in any other jurisdiction as amended from time to time. 

“Business Day” means any day that is not (i) a Saturday, Sunday or other day on which commercial banks in
New York City, New York are authorized or required by law to remain closed; or (ii) a day on which banks are not open for dealings in United States dollar deposits in the London interbank market. 

“Change of Control” means any of the following events: (i) any sale, lease, exchange or other transfer (in
one transaction or a series of related transactions) of all or substantially all of the General Partner’s assets to any other Person, unless immediately following such sale, lease, exchange or other transfer such assets are owned, directly or
indirectly, by the General Partner; (ii) the dissolution or liquidation of the General Partner; (iii) the consolidation or merger of the General Partner with or into another Person pursuant to a transaction in which the outstanding
membership interests of the General Partner are changed into or exchanged for cash, securities or other property, other than any such transaction where (a) the outstanding membership interests of the General Partner are changed into or
exchanged for Voting Securities of the surviving entity or its parent and (b) the Lender continues to own, directly or indirectly, not less than a majority of the outstanding Voting Securities of the surviving entity or its parent immediately
after such transaction; and (iv) other than Lender and its affiliates, a “person” or “group” (within the meaning of Sections 13(d) or 14(d)(2) of the Exchange Act) being or becoming the “beneficial owner” (as
defined in Rules 13d-3 and 13d-5 under the Exchange Act) of more than 50% of all of the then outstanding membership interests of the General Partner, except in a merger or consolidation which would not constitute a Change of Control under
clause (iii) above. 
 “Exchange Act” means the United States Securities Exchange Act of 1934, as
amended. 
 “General Partner” means Western Gas Equity Holdings, LLC, a Delaware limited liability
company (including any permitted successors and assigns under the Agreement of Limited Partnership of the Borrower). 

“Interest Payment Date” means as to any Loan, (i) the last day of the Interest Period with respect thereto
or (ii) the Maturity Date, whichever comes first. 
 “Interest Period” — means, with respect
to any Loan, the period commencing on the Borrowing Date with respect to such Loan and ending 1 month thereafter, and each one month period thereafter until such Loan has been repaid, provided, that, all of the foregoing provisions relating
to Interest Periods are subject to the following: 
 (i) if any Interest Period would otherwise end on a day that is not a
Business Day, such Interest Period shall be extended to the next succeeding Business Day unless the result of such extension would be to carry such Interest Period into another calendar month in which event such Interest Period shall end on the
immediately preceding Business Day; 
 (ii) the Borrower may not request a Loan with an Interest Period that would extend beyond
the Maturity Date; and 
 (iii) any Interest Period that begins on the last Business Day of a calendar month (or on a day for
which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of a calendar month. 
 “LIBO Base Rate” means, with respect to each day during each Interest Period pertaining to a Loan, the rate per annum determined on the basis of the rate for deposits in United
States Dollars for a period equal to such Interest Period commencing on the first day of such Interest Period appearing on the Reuters Screen LIBOR01 Page as of 11:00 A.M., London time, two business days prior to the beginning of such Interest
Period. In the event that such rate does not appear on such page (or otherwise on such screen), the “LIBO Base Rate” shall be determined by reference to such other comparable publicly available service for displaying eurodollar rates as
may be selected by the Lender or, in the absence of such availability, by reference to the rate at which the Lender is offered United States Dollar deposits at or about 11:00 A.M., London time, two business days prior to the beginning of such
Interest Period. 

  
 6 

 “Person” means a corporation, partnership, joint venture, trust,
limited liability company, unincorporated organization or any other entity. 
 “Revolving Credit
Agreement” at any time means the revolving credit agreement with the largest aggregate commitment amount to which Lender is then a party as the borrower, as amended, or if there is no such revolving credit agreement then in effect, the
last revolving credit agreement to which Lender was a party as the borrower. As of the Effective Date, the Revolving Credit Agreement is the revolving credit agreement dated as of September 2, 2010 among, inter alia, Anadarko Petroleum
Corporation, JPMorgan Chase Bank, N.A., as Administrative Agent, and the lenders party thereto, as amended. 

“Voting Securities” means securities of any class of Person entitling the holders thereof to vote in the election
of members of the board of directors or other similar governing body of the Person, or in the case of a limited partnership, a majority of the general partner interests in such limited partnership. 

  
 7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00209-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00209-of-00352.parquet"}]]