Document:

EX-10.2

 Exhibit 10.2 

Execution Version 

TRANSITION SERVICES AGREEMENT 

by and between 
 QEP
RESOURCES, INC. 
 and 

TESORO LOGISTICS LP 

Dated as of December 2, 2014 

 TABLE OF CONTENTS 

 
  

							
	 	 	 	  	Page	 
	 1.         DEFINITIONS
	  	 	1	  
	 2.         SERVICES
	  	 	4	  
	 2.1
	 	Scope of Services	  	 	4	  
	 2.2
	 	Provision of Services	  	 	4	  
	 2.3
	 	No Financing to Services Recipient	  	 	4	  
	 2.4
	 	No Assumption or Modification of Obligations	  	 	5	  
	 2.5
	 	Application of Resources	  	 	5	  
	 2.6
	 	Performance of Services	  	 	5	  
	 2.7
	 	Transitional Nature of Services; Changes	  	 	5	  
	 2.8
	 	Omitted Services; Additional Services; Extension of Services Terms	  	 	5	  
	 2.9
	 	Impracticability	  	 	6	  
	 2.10
	 	Project Managers	  	 	6	  
	 2.11
	 	Cooperation	  	 	6	  
	 2.12
	 	Good Faith Mutual Assistance	  	 	7	  
	 3.         PRICING
	  	 	7	  
	 3.1
	 	Fees	  	 	7	  
	 3.2
	 	Invoices; Payment Procedures	  	 	7	  
	 3.3
	 	Payment Disputes	  	 	8	  
	 3.4
	 	Expenses	  	 	8	  
	 4.         SERVICES TERM; TERMINATION
	  	 	8	  
	 4.1
	 	Services Term	  	 	8	  
	 4.2
	 	Termination	  	 	8	  
	 4.3
	 	Rights and Obligations Upon Termination	  	 	9	  
	 4.4
	 	Sharing of Certain Existing Licenses	  	 	9	  
	 5.         RETURN OF LEASED PROPERTY OR LICENSED SOFTWARE
	  	 	10	  
	 6.         DISCLAIMER OF REPRESENTATIONS AND WARRANTIES
	  	 	10	  
	 7.         BOOKS AND RECORDS; AUDITS
	  	 	10	  
	 7.1
	 	Books and Records	  	 	10	  
	 7.2
	 	Audit of Performance	  	 	11	  
	 8.         COMPLIANCE WITH LAWS AND GOVERNMENTAL REQUIREMENTS
	  	 	11	  
	 9.         LIMITATION OF LIABILITY; INDEMNITY
	  	 	11	  
	 9.1
	 	Service Provider’s Limitation of Liability	  	 	11	  
	 9.2
	 	Service Recipient Indemnity	  	 	11	  
	 9.3
	 	Service Provider Indemnity	  	 	11	  
	 9.4
	 	Procedures	  	 	12	  
	 10.         DISPUTE RESOLUTION
	  	 	12	  
	 10.1
	 	Governing Law	  	 	12	  
	 10.2
	 	Jurisdiction	  	 	12	  
	 10.3
	 	Waiver of Jury Trial	  	 	12	  
	 11.         PROPERTY RIGHTS
	  	 	12	  
	 12.         CONFIDENTIAL INFORMATION
	  	 	13	  
	 13.         MISCELLANEOUS
	  	 	13	  
	 13.1
	 	Complete Agreement	  	 	13	  

  
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	 13.2
	 	Counterparts	  	 	13	  
	 13.3
	 	Survival of Agreement	  	 	13	  
	 13.4
	 	Expenses	  	 	13	  
	 13.5
	 	Notices	  	 	13	  
	 13.6
	 	Waivers	  	 	13	  
	 13.7
	 	Amendments	  	 	13	  
	 13.8
	 	Assignment	  	 	14	  
	 13.9
	 	Subsidiaries or Affiliates	  	 	14	  
	 13.10
	 	Third Party Beneficiaries	  	 	14	  
	 13.11
	 	Title and Headings	  	 	14	  
	 13.12
	 	Specific Performance	  	 	14	  
	 13.13
	 	Severability	  	 	14	  
	 13.14
	 	Force Majeure	  	 	14	  
	 13.15
	 	Construction	  	 	14	  
	 13.16
	 	References; Interpretations	  	 	15	  
	 13.17
	 	Status of Service Provider as Independent Contractor	  	 	15	  

 Schedule A – Services provided by QEP to Buyer, its general partner, the Acquired Company or the Acquired Subsidiaries

 Schedule B – Services provided by Buyer to QEP or its Subsidiaries 

Schedule C – Software and/or services used by QEPFS, the Acquired Company or the Acquired Subsidiaries under QEP’s software licenses 

Schedule D – Software and/or services used by QEP under QEPFS’s software licenses 

  
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 TRANSITION SERVICES AGREEMENT 

THIS TRANSITION SERVICES AGREEMENT (this “Agreement”) is entered into as of December 2, 2014, by and between QEP
Resources, Inc., a Delaware corporation (“QEP”), and Tesoro Logistics LP, a Delaware limited partnership (“Buyer”), each a “Party” and together, the “Parties”. 

R E C I T A L S 

WHEREAS, QEP, acting through its direct and indirect subsidiaries, conducts the QEPFS Business (as defined below); 

WHEREAS, to effect the sale of the QEPFS Business, QEP Field Services Company, a Delaware corporation and wholly owned subsidiary of QEP
(“QEPFS”), and Buyer entered into that certain Membership Interest Purchase Agreement dated as of October 19, 2014 (as amended or otherwise modified from time to time, the “Purchase and Sale Agreement”); 

WHEREAS, the Parties desire that if Closing (as defined below) occurs, in order to facilitate the sale of the QEPFS Business, QEP will provide
to Buyer, its general partner, the Acquired Company or the Acquired Subsidiaries, as applicable, during the relevant Services Term (as defined below), directly or through QEP’s Affiliates or subcontractors, the QEP Services, all in accordance
with the terms and subject to the conditions set forth in this Agreement; and 
 WHEREAS, the Parties desire that if Closing occurs, in
order to facilitate the sale of the QEPFS Business, Buyer will provide to QEP and its Subsidiaries (as defined below) during the relevant Services Term, directly or through Buyer’s Affiliates or subcontractors, the Buyer Services (as defined
below), all in accordance with the terms and subject to the conditions set forth in this Agreement. 
 NOW, THEREFORE, in consideration of
the foregoing premises, the mutual promises and covenants hereinafter set forth, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, agree as follows:

 1. DEFINITIONS. As used in this Agreement, the following capitalized terms shall have the following meanings: 

“Acquired Company” shall have the meaning set forth in the Purchase and Sale Agreement. 

“Acquired Subsidiaries” shall have the meaning set forth in the Purchase and Sale Agreement.” 

“Action” shall mean any demand, action, claim, charge, suit, countersuit, arbitration, inquiry, subpoena, proceeding or
investigation by or before any Governmental Body or any arbitration or mediation tribunal. 

 “Additional Service” shall have the meaning set forth in
Section 2.8(b). 
 “Affiliate” shall have the meaning set forth in the Purchase and Sale Agreement. 

“Agreement” shall have the meaning set forth in the preamble hereof. 

“Assets” shall have the meaning set forth in the Purchase and Sale Agreement. 

“Business Day” means each calendar day except Saturdays, Sundays, and Federal holidays. 

“Buyer Group” shall mean Buyer, its Affiliates and each of their respective officers, directors, employees, agents, advisors
and other Representatives. 
 “Buyer Project Manager” shall have the meaning set forth in Section 2.10. 

“Buyer Services” shall mean the limited enumerated services described on Schedule B attached to this Agreement and
included herein. 
 “Closing” shall have the meaning set forth in the Purchase and Sale Agreement. 

“Closing Date” shall have the meaning set forth in the Purchase and Sale Agreement. 

“Commercially Reasonable Efforts” shall have the meaning set forth in the Purchase and Sale Agreement. 

“Company Contract” shall have the meaning set forth in the Purchase and Sale Agreement. 

“Confidential Information” shall have the meaning set forth in the Purchase and Sale Agreement. 

“Default Interest Rate” shall have the meaning set forth in Section 3.2(b). 

“Due Date” shall have the meaning set forth in Section 3.2(a). 

“Fee” or “Fees” shall have the meaning set forth in Section 3.1. 

“FERC” shall mean the Federal Energy Regulatory Commission, or its successor agency. 

“Force Majeure” shall mean, with respect to a Party, an event beyond the reasonable control of such Party (or any Person
acting on its behalf), which by its nature could not have been foreseen by such Party (or such Person), or, if it could have been foreseen, was unavoidable, and includes acts of God, storms, floods, earthquakes, hurricanes, riots, pandemics, fires,
sabotage, strikes, lockouts, civil commotion or civil unrest, interference by civil or military authorities, government action or inaction, acts of war (declared or undeclared) or armed hostilities or other national or international calamity or one
or more acts of terrorism. 

  
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 “Governmental Body” shall have the meaning set forth in the Purchase and Sale
Agreement. 
 “Group” shall mean either the QEP Group or the Buyer Group, as applicable. 

“Law” shall have the meaning set forth in the Purchase and Sale Agreement. 

“Omitted Service” shall have the meaning set forth in Section 2.8(a). 

“Party” shall have the meaning set forth in the preamble hereof. 

“Person” shall have the meaning set forth in the Purchase and Sale Agreement. 

“Prime Rate” shall mean the prime rate of interest (the base rate on corporate loans) as published under “Money
Rates” in The Wall Street Journal. 
 “Purchase and Sale Agreement” shall have the meaning set forth in the recitals.

 “QEP” shall have the meaning set forth in the preamble hereof. 

“QEP Group” shall mean QEP, its current and former Affiliates (other than the Acquired Company and the Acquired Subsidiaries)
and each of their respective officers, directors, employees, agents, advisors and other Representatives. 
 “QEP Midstream”
means QEP Midstream Partners, LP, a Delaware limited partnership. 
 “QEP Project Manager” shall have the meaning set forth
in Section 2.10. 
 “QEP Services” shall mean the limited enumerated services described on Schedule A
attached to this Agreement and included herein. 
 “QEPFS” shall have the meaning set forth in the recitals hereto. 

“QEPFS Business” means the purchase, sale, gathering, processing, fractionating, treating, compression and transportation of
natural gas and related by-products and the gathering and transportation of crude oil, as conducted by Seller and the Acquired Subsidiaries, but only as intended to be conducted by the Acquired Company and the Acquired Subsidiaries at Closing. 

“Representatives” shall have the meaning set forth in the Purchase and Sale Agreement. 

“Service” shall mean any of the Buyer Services and the QEP Services, as applicable. 

“Service Provider” shall mean QEP with respect to the QEP Services, and Buyer with respect to the Buyer Services. 

“Service Recipient” shall mean Buyer, its general partner, the Acquired Company or the Acquired Subsidiaries, as applicable,
with respect to the QEP Services, and QEP or its Subsidiaries, as applicable, with respect to the Buyer Services. 

  
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 “Services Term” shall have the meaning set forth in Section 4.1.

 “Subsidiary” shall mean with respect to any Person (i) a corporation, more than fifty percent (50%) of the
voting capital stock of which is, as of the time in question, directly or indirectly owned by such Person and (ii) any other limited liability company, partnership, joint venture, association, joint stock company, trust, unincorporated
organization or other entity in which such Person, directly or indirectly, owns more than fifty percent (50%) of the equity economic interest thereof or has the power to elect or direct the election of a majority of the members of the governing
body of such entity or has control over such entity (e.g., as the managing partner of a partnership). 
 2. SERVICES. 

2.1 Scope of Services. 

(a) Buyer hereby retains QEP to provide, and QEP hereby agrees to provide, the QEP Services to Buyer, its general partner, the
Acquired Company or the Acquired Subsidiaries, as designated by Buyer, during the relevant Services Term. 
 (b) QEP hereby
retains Buyer to provide, and Buyer hereby agrees to provide, the Buyer Services to QEP or any of its Subsidiaries, as designated by QEP, during the relevant Services Term. 

(c) Notwithstanding anything to the contrary in this Agreement, (i) the QEP Services shall be available to Buyer, its
general partner, the Acquired Company or the Acquired Subsidiaries only for the purposes of conducting the QEPFS Business and (ii) the Buyer Services shall be available to QEP or any of its Subsidiaries only for the purposes of conducting
QEP’s business, including its exploration and production, midstream and marketing activities. 
 (d) Nothing in this
Agreement shall preclude a Service Recipient from obtaining, in whole or in part, services of any nature that may be obtainable from a Service Provider, from its own employees or from providers other than the Service Provider. 

2.2 Provision of Services. The QEP Services may be directly provided by QEP or may be provided through any of its Affiliates or
subcontractors, and the Buyer Services may be directly provided by Buyer or may be provided through any of its Affiliates or subcontractors; provided, that prior to subcontracting any of the QEP Services or Buyer Services, as applicable,
Service Provider shall give notice to Service Recipient of its intent to subcontract any portion of the Services, that are not specifically listed on the Schedules as currently outsourced or provided by a third party (which notice shall specify the
Services proposed to be subcontracted and the identity of the proposed subcontractor) and Service Recipient shall have ten Business Days to determine, in its sole discretion, whether to permit such subcontracting or to cancel such Service. 

2.3 No Financing to Services Recipient. In no event shall a Service Provider or its Affiliates be required to (i) lend any
funds to a Service Recipient or its Affiliates; (ii) expend funds for any additional equipment or material or property (real or personal) on behalf of a Service Recipient; or (iii) make any payments or disbursements on behalf of a Service
Recipient, except to the extent as required by this Agreement and such Service Recipient has previously delivered to Service Provider sufficient funds to make any such expenditures, payment or disbursement. 

  
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 2.4 No Assumption or Modification of Obligations. Nothing herein shall be deemed to
alter the allocation of Assets and liabilities provided in the Purchase and Sale Agreement. 
 2.5 Application of Resources.
Unless otherwise expressly required under the terms of any relevant Schedule hereto or the Purchase and Sale Agreement, or otherwise agreed to by the Parties in writing, in providing the Services, Service Provider or its Affiliates shall not be
obligated to: (i) maintain the employment of any specific employee or subcontractor; (ii) purchase, lease or license any additional (measured as of the even date hereof) equipment or materials (expressly excluding any renewal or extension
of any leases or licenses required for Service Provider to perform the relevant Services during the relevant Services Term); or (iii) pay any of Service Recipient’s costs related to its or any of its Affiliates’ receipt of the
Services. 
 2.6 Performance of Services. Subject to the other terms (i) in this Agreement setting forth and
circumscribing Service Provider’s performance obligations hereunder (including in Sections 2.1, 2.2, 2.3, 2.5, 2.7, 2.8, 2.9 and 6), and (ii) in the relevant Schedules hereto, each
Service Provider shall perform, or cause the applicable members of its Group or any of its Affiliates or subcontractors to perform, the Services required to be provided by it hereunder in a manner specifically described in the relevant Schedules
hereto, or, to the extent not so described in such Schedules, in a manner that is substantially the same in nature, accuracy, quality, completeness, timeliness, responsiveness and efficiency with how such relevant Services, if any, have been
rendered consistent with the past practices of that Service Provider prior to the Closing Date. 
 2.7 Transitional Nature of
Services; Changes. The Parties acknowledge the transitional nature of the Services and agree that notwithstanding anything to the contrary herein, each Service Provider may make changes from time-to-time in the manner of performing the
Services if such Service Provider is making similar changes in performing similar services for itself and/or its Affiliates; provided that Service Provider must provide Service Recipient with at least thirty (30) days prior written
notice of any such material changes. 
 2.8 Omitted Services; Additional Services; Extension of Services Terms. 

(a) Omitted Services. If, after the Closing Date and prior to June 2, 2014, a Party identifies a service that the
other Party (or a member of such other Party’s Group) previously provided to such first Party (or any of its Affiliates) prior to the Closing Date, but such service was omitted from inclusion in the Services to be received by such first Party
under this Agreement (an “Omitted Service”), then, upon the prior written consent of the Party that would be the Service Provider of such Omitted Service (which consent shall not be unreasonably conditioned, delayed or withheld) and
the execution of an amendment as provided in the next sentence, such Omitted Service shall be added and considered as part of the Services to be provided by such Service Provider. The Parties 

  
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shall cooperate and act in good faith to reach agreement on the fees and other specific terms and conditions applicable to such Omitted Service; provided that if such Omitted Service is
substantially similar to any other Service provided by Service Provider under this Agreement, such fees and other specific terms and conditions shall be substantially similar to the fees and other specific terms and conditions applicable to such
other Services. Upon the Parties agreement on the fees and other specific terms and conditions applicable to an Omitted Service, the Parties shall execute an amendment to this Agreement that provides for the substitution of the relevant Schedule, or
additional and supplemental Schedules, in order to describe such Omitted Service and the agreement upon the related fees and other specific terms and conditions applicable thereto. 

(b) Additional Services; Extension of Services Terms. In the event that the Parties identify and agree upon (i) an
additional service to be provided under this Agreement, as well as the related fees and other specific terms and conditions applicable thereto (an “Additional Service”), or (ii) an extension of any particular Service Term for
any Service, as well as the related fees and other specific terms and conditions applicable thereto, the Parties shall execute an amendment to this Agreement that provides for the substitution of the relevant Schedule, or additional and supplemental
Schedules, in order to describe such Additional Service or extension, and the agreed upon related fees and other specific terms and conditions applicable thereto. 

2.9 Impracticability. Subject to the provisions of Section 2.11, Service Provider shall not be required to provide
any Service to the extent: (a) that the performance of the Services would (i) require Service Provider or any of its Affiliates to violate any applicable Laws (including any applicable codes or standards of conduct established by FERC or
any other Governmental Body with respect to their activities subject to the jurisdiction of FERC or such other Governmental Body) or any internal policy reasonably adopted in order to comply with any applicable Laws; (ii) result in the breach
of any software license, lease, or other contract applicable to such Service Provider; or (iii) require prior approval of a Governmental Body (except to the extent such approval has already been obtained); or (b) as provided under
Section 13.14 with respect to a Force Majeure event. 
 2.10 Project Managers. QEP shall designate to Buyer at
least one individual to whom all of Buyer’s communications may be addressed with respect to the QEP Services and who has authority to act for and bind QEP in all aspects with respect to the QEP Services (the “QEP Project
Manager”). Buyer shall designate to QEP at least one individual to whom all of QEP’s communications may be addressed with respect to the Buyer Services and who has authority to act for and bind Buyer in all aspects with respect to the
Buyer Services (the “Buyer Project Manager”). The initial QEP Project Manager designated by QEP shall be William J. Buese and the initial Buyer Project Manager designated by Buyer shall be Stephen P. Weissling. 

2.11 Cooperation. In the event that there is nonperformance of any Service as a result of (i) a Force Majeure event
described in Section 13.14, or (ii) impracticability pursuant to Section 2.9, the Parties agree to work together in good faith to arrange for an alternative means by which the applicable Service Recipient may obtain, at
its sole cost and expense, the Service so affected. The Parties and the members of their respective Groups shall cooperate with each other in connection with the performance of the Services, including producing on a timely basis all 

  
 6 

 
contracts, documents and other information that are reasonably requested with respect to the performance of Services; provided, however, that such cooperation shall not unreasonably
disrupt the normal operations of the Parties and the members of their respective Groups; and provided, further, that the Party requesting cooperation shall pay all reasonable out-of-pocket costs and expenses incurred by the Party or
any members of its Group furnishing such requested cooperation, unless otherwise expressly provided in this Agreement or the Purchase and Sale Agreement. 

2.12 Good Faith Mutual Assistance. The Parties agree that they cannot contemplate the extent and nature of all necessary
Services that may be needed during the transition period, and that from time to time additional Services and consultation may be necessary between the Parties. The Parties agree to cooperate in good faith to assist each other in areas not
specifically identified in the Schedules attached hereto, provided, however, that the Party rendering Services shall be reasonably compensated for such additional Services provided. 

3. PRICING. 
 3.1
Fees. In consideration of Service Provider’s performance of the relevant Services, Service Recipient shall pay to Service Provider the fee for such services set forth on the Schedules hereto, which fee shall not include any overhead
burden applied to any portion of such service (individually a “Fee” and collectively the “Fees”). Out-of-pocket and other expenses shall be billed at cost, with no escalation or overhead burdens. 

3.2 Invoices; Payment Procedures. 

(a) Service Provider shall invoice Service Recipient on a monthly basis for all Fees accrued with respect to the prior month.
Fees shall be payable by Service Recipient within thirty (30) days after Service Recipient’s receipt of an invoice (the “Due Date”). All amounts (i) payable pursuant to the terms of this Agreement shall be paid to
Service Provider as directed by Service Provider, and (ii) due and payable hereunder shall be invoiced and paid in U.S. dollars, except as may be expressly provided in any relevant Schedule hereto. A Service Recipient’s obligation to make
any required payments under this Agreement shall not be subject to any unilateral right of offset, set-off, deduction or counterclaim, however arising, except against amounts due under this Agreement. 

(b) Interest. In the absence of a timely notice of billing dispute in accordance with the provisions of
Section 3.2, amounts not paid on or before the Due Date shall be payable with interest, accrued at a rate of five percent (5%) or the maximum legal rate, whichever is lower (the “Default Interest Rate”), calculated
for the actual number of days elapsed, accrued from the Due Date until the date of the actual receipt of payment. 
 (c)
Taxes. If any Governmental Body shall impose a tax on the Services rendered to a Service Recipient or its Affiliates by Service Provider hereunder, Service Recipient agrees to pay, or remit to Service Provider so that Service Provider may
pay, the amount of such tax imposed on the Services rendered to Service Recipient or its Affiliates by Service Provider under this Agreement. Notwithstanding anything to the contrary contained in this Agreement, Service Recipient shall have no
liability for, and shall not be obligated to pay for, any property taxes of any kind or type applicable to the property of Service Provider or any of its Affiliates or any income taxes of any kind or type applicable to the income of Service Provider
or any of its Affiliates in providing such Services to a Service Recipient, except as may be expressly provided in any relevant Schedule hereto. 

  
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 3.3 Payment Disputes. In the event that Service Recipient disputes any invoice or
portion thereof, Service Recipient shall, prior to the Due Date, provide Service Provider written notice of the disputed amounts, together with a statement of the particulars of the dispute, including, to the extent practicable, the calculations
with respect to any errors or inaccuracies claimed. Any such dispute shall be resolved by the Parties in accordance with the procedures set forth in Section 2.4(c) of the Purchase and Sale Agreement. Within five (5) Business Days after
determination or resolution of the dispute, Service Recipient shall remit (if it has underpaid the actual amount due) or Service Provider shall remit (if it has overpaid the actual amount due) the amount as determined to the other Party. In the
event that any payment required by this Section 3.3 is not made by the appropriate Party when due, such payment shall accrue interest from the date such payment was due at the Default Interest Rate. 

3.4 Expenses. In addition to the payment of all Fees, Service Recipient shall reimburse Service Provider for all reasonable
out-of-pocket costs and expenses incurred by Service Provider or its Affiliates in connection with providing the Services (including necessary travel-related expenses) to the extent that such costs and expenses are not reflected in the Fees for such
Services; provided, however, any expense exceeding $5,000 per month for any Service (including business travel and related expenses) shall require advance approval of Service Recipient. Any authorized travel-related expenses incurred
in performing the Services shall be incurred and charged to Service Recipient in accordance with Service Provider’s then applicable business travel policies. 

4. SERVICES TERM; TERMINATION. 

4.1 Services Term. The performance of the Services shall commence on the Closing Date and, unless earlier terminated pursuant to
Sections 4.2 or 4.3, shall terminate no later than December 2, 2015, unless an earlier date is expressly stated in any relevant Schedule attached hereto (the “Services Term”). 

4.2 Termination. This Agreement or any specific Service, as specified below in this Section 4.2, may be terminated prior to
the expiration of the relevant Services Term only as follows: 
 (a) with respect to all QEP Services, or any particular QEP
Service, by Buyer by giving a termination notice to QEP, provided that the termination will be effective twenty (20) days following receipt of notice of such termination notice; 

(b) with respect to all Buyer Services, or any particular Buyer Service, by QEP by giving a termination notice to Buyer,
provided that the termination will be effective twenty (20) days following receipt of notice of such termination; 

  
 8 

 (c) with respect to all Services that are adversely affected by a breach, by the
non-breaching Party if the other Party fails to observe or perform in any material respect any term, obligation, or condition of this Agreement and the defaulting Party does not cure such failure within fifteen (15) days after written demand by
the first Party, provided that if the defaulting Party begins promptly and diligently to cure such breach in accordance with this provision and such breach is not capable of being cured within such 15-day period, the defaulting Party shall
have up to an additional fifteen (15) days to cure such breach if it demonstrates that it is reasonably capable of curing such breach within such additional 15-day period; 

(d) with respect to the entire Agreement, by either Party if the other Party makes a general assignment for the benefit of
creditors, or files a voluntary petition in bankruptcy or for reorganization or rearrangement under the bankruptcy laws, or if a petition in bankruptcy is filed against such other Party and is not dismissed within thirty (30) days after the
filing, or if a receiver or trustee is appointed for all or a material portion of the property or assets used by the other Party to perform Services hereunder; or 

(e) with respect to all Services that are adversely affected by a Force Majeure event, by Service Recipient if Service Provider
fails to perform in any material respect its obligation to perform any Service as a result of circumstances of Force Majeure and such Force Majeure event continues to exist for at least sixty (60) consecutive days. 

4.3 Rights and Obligations Upon Termination. 

Upon expiration of the Services Term or in the event of a termination pursuant to Section 4.2, no Party, nor any of its Affiliates,
shall have any liability or further obligation to any other Party or any of its Affiliates pursuant to this Agreement, except: (i) that the provisions of Sections 3 (to the extent of amounts accrued thereunder through the date of such
expiration or termination), 4, 5, 6, 7, 9, 10, 11, 12 and 13 (as well as in each case associated defined terms) shall survive any such expiration or termination and not be extinguished
thereby; and (ii) any Party nevertheless shall be entitled to seek any remedy to which it may be entitled at law or in equity for the violation or breach by the other Party of any agreement, covenant, representation, warranty, or indemnity
contained in this Agreement that occurs prior to such expiration or termination. 
 4.4 Sharing of Certain Existing Licenses.

 (a) Prior to the Closing Date, QEPFS, as a wholly-owned subsidiary of QEP, has utilized certain software licenses pursuant
to agreements or accounts between QEP and the vendor of such software. Such licenses are described or set forth on Schedule C attached to this Agreement and included herein. With respect to the licenses described or set forth on Schedule
C, QEP shall notify the vendor of such software that such licenses are being shared with the Acquired Company, the Acquired Subsidiaries, Buyer or its general partner for an interim period. Each of the Parties hereto agrees to use its respective
commercially reasonable efforts to assist the other Party (at no cost to the other Party) in obtaining any third party consents that are required in connection with such sharing. 

  
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 (b) Prior to the Closing Date, QEP, as the sole stockholder and parent of QEPFS,
has utilized certain software licenses pursuant to agreements or accounts between QEPFS and the vendor of such software, which licenses are to be conveyed to the Acquired Company or the Acquired Subsidiaries, as applicable, at Closing. Such licenses
are described or set forth on Schedule D attached to this Agreement and included herein. With respect to the licenses described or set forth on Schedule D, Buyer shall notify the vendor of such software that such licenses are being
shared with QEP for an interim period. Each of the Parties hereto agrees to use its respective commercially reasonable efforts to assist the other Party (at no cost to the other Party) in obtaining any third party consents that are required in
connection with such sharing. 
 5. RETURN OF LEASED PROPERTY OR LICENSED SOFTWARE. Service Recipient shall be liable for all costs and
expenses incurred by Service Provider or any of its Affiliates resulting from any delay or failure of Service Recipient to return to Service Provider or any licensor, as applicable, any leased property or licensed software that is included as part
of the Services provided to such Service Recipient. 
 6. DISCLAIMER OF REPRESENTATIONS AND WARRANTIES. EXCEPT AS EXPRESSLY PROVIDED IN SECTION
2.6 OR OTHERWISE IN ANY SCHEDULE HERETO, EACH PARTY ACKNOWLEDGES AND AGREES (a) THAT ALL SERVICES ARE PROVIDED BY SERVICE PROVIDER ON AN “AS IS” BASIS, AND (b) THAT NEITHER SERVICE PROVIDER NOR ANY MEMBER OF ITS GROUP MAKES
ANY REPRESENTATIONS OR WARRANTIES, WHETHER STATUTORY, EXPRESS, OR IMPLIED, TO SERVICE RECIPIENT OR ANY OF ITS AFFILIATES WITH RESPECT TO THE SERVICES, ANY EQUIPMENT OR MATERIALS PROVIDED UNDER THIS AGREEMENT, OR OTHERWISE HEREUNDER, INCLUDING ANY
WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, OR ANY WARRANTIES ARISING FROM COURSE OF DEALING OR USAGE OF TRADE. 
 7.
BOOKS AND RECORDS; AUDITS. 
 7.1 Books and Records. Each Party shall use Commercially Reasonable Efforts to keep
and maintain books, records, accounts and other documents sufficient to reflect accurately and completely the transactions conducted, and all associated costs incurred, pursuant to this Agreement. Such records shall include receipts, invoices,
memoranda, vouchers, inventories, timesheets and accounts pertaining to the Services, as well as complete copies of all contracts, purchase orders, service agreements and other such arrangements entered into in connection therewith. 

  
 10 

 7.2 Audit of Performance. Each Party shall have access to and the right to inspect
all records maintained by the other Party directly related to the Services, as is reasonably necessary for the purposes of verifying the other Party’s compliance with this Agreement, including auditing and verifying costs or expenses claimed to
be due and payable hereunder. Such access shall be available at reasonable times on Business Days during normal business hours and under reasonable conditions with a minimum of at least ten (10) days prior written notice. Each Party shall keep
and preserve all such records for a period of at least three (3) years from and after the end of the relevant Services Term. 
 8. COMPLIANCE
WITH LAWS AND GOVERNMENTAL REQUIREMENTS. Each Party shall be responsible for compliance with all Laws affecting its respective business. Each Service Recipient shall be responsible for any use such Service Recipient may make of the Services
to assist it in complying with applicable Laws. Each Service Provider shall comply with all Laws applicable to the provision by it of the Services hereunder. 

9. LIMITATION OF LIABILITY; INDEMNITY. 

9.1 Service Provider’s Limitation of Liability. In no event shall a Service Provider or any member of its Group have any
liability to a Service Recipient or any member of its Group whether under this Agreement or otherwise in connection with performance hereunder, including for any error in judgment or any act or omission, except as a result of the gross negligence or
willful misconduct of Service Provider or any member of its Group. In addition, none of QEP, Buyer or any member of their respective Groups shall be liable for any loss of profits, loss of business, loss of use or of data, interruption of business,
or for indirect, special, punitive, exemplary, incidental or consequential damages of any kind whether under this Agreement or otherwise in connection with performance hereunder, even if the other Party has been advised of the possibility of such
damages, other than indirect, special, punitive, exemplary, incidental or consequential damages awarded to a third party against an indemnified party in accordance with this Section 9. 

9.2 Service Recipient Indemnity. Service Recipient hereby agrees to indemnify, defend and hold harmless Service Provider and
each member of its respective Group from and against any and all claims, losses, demands, liabilities, costs and expenses (including reasonable attorneys’ fees) suffered or incurred by Service Provider or any member of its Group as a result of
or in connection with any third party claims arising from the performance of the Services rendered hereunder by Service Provider or any member of its Group on Service Recipient’s behalf, except to the extent such third party claims are based in
whole or in part on the gross negligence or willful misconduct of Service Provider or any member of its Group in performing the Services. 

9.3 Service Provider Indemnity. Service Provider hereby agrees to indemnify, defend and hold harmless Service Recipient and each
member of its Group from and against any and all claims, losses, demands, liabilities, costs and expenses (including reasonable attorney’s fees) suffered or incurred by Service Recipient or any member of its Group as a result of, or in
connection with, any third party claims to the extent caused by the gross negligence or willful misconduct of Service Provider or any member of its Group in performing the Services on Service Recipient’s behalf. In no event shall the aggregate
liability of Service Provider and its Group to Service Recipient and its Group for any damages concerning the performance or nonperformance of the Services by Service Provider or any member of its Group or any other matter arising out of, or related
to, this Agreement (regardless of whether any such claim for such damages is based in contract or in tort) exceed the amounts actually paid to Service Provider by Service Recipient pursuant to this Agreement. 

  
 11 

 9.4 Procedures. Any claim for indemnification under this Section 9
shall be governed by, and be subject to, the provisions of Article 10 of the Purchase and Sale Agreement, which provisions are hereby incorporated by reference into this Agreement. 

10. DISPUTE RESOLUTION. 
 10.1
Governing Law. This Agreement and the legal relations between the Parties shall be governed by and construed in accordance with the laws of the state of Colorado without regard to principles of conflicts of law which would require the
application of the laws of another jurisdiction. 
 10.2 Jurisdiction. The Parties hereby irrevocably submit to the exclusive
jurisdiction of the Federal Courts of the United States of America located in Denver, Colorado and appropriate appellate courts therefrom, and each Party hereby irrevocably agrees that any dispute, controversy or claim arising out of or relating to
this Agreement may be heard and determined in such courts. The Parties hereby irrevocably waive, to the fullest extent permitted by applicable Laws, any objection that they may now or hereafter have to the laying of venue of any such dispute,
controversy or claim brought in any such court or any defense of inconvenient forum for the maintenance of such dispute, controversy or claim. Each Party agrees that a judgment in any such dispute may be enforced in other jurisdictions by suit on
the judgment or in any other manner provided by applicable Law. 
 10.3 Waiver of Jury Trial. Each of the Parties hereby
irrevocably waives all right to trial by jury in any action, proceeding or counterclaim arising out of or relating to this Agreement. 
 11. PROPERTY
RIGHTS. 
 11.1 The Parties acknowledge and agree that nothing in this Agreement is intended to transfer any right, title, or
interest in and to any tangible, intangible, real or personal property (including any and all intellectual property rights). Notwithstanding any materials, deliverables, or other products that may be created or developed by Service Provider or its
Affiliates from the date hereof through the expiration or termination of the Services Term, Service Provider does not hereby convey, nor does Service Recipient or any of its Affiliates hereby obtain, any right, title, or interest in or to any of
Service Provider’s or any of its Affiliates’ equipment, materials, deliverables, products, or any other rights or property used to provide the Services. Other than as provided in the Purchase and Sale Agreement, all customer and personnel
data, files and input and output materials and the media upon which they are located that are supplied by Service Recipient or any of its Affiliates in connection with this Agreement shall remain Service Recipient’s or such Affiliate’s
property, respectively, and Service Provider shall not have any rights or interests with respect thereto. 

  
 12 

 12. CONFIDENTIAL INFORMATION. Any Confidential Information received by either Party or its
Affiliates from the other Party or any of its Affiliates in connection with this Agreement shall be governed by, and be subject to, the provisions of Section 6.3 of the Purchase and Sale Agreement, which provisions are hereby incorporated by
reference into this Agreement. 
 13. MISCELLANEOUS. 

13.1 Complete Agreement. This Agreement (including, for purposes of certainty, the Schedules attached hereto) and the documents
to be executed hereunder constitute the entire agreement between the Parties pertaining to the subject matter hereof, and supersede all prior agreements, understandings, negotiations and discussions, whether oral or written, of the Parties
pertaining to the subject matter hereof. In the event of any conflict between the terms and conditions of the body of this Agreement and the terms and conditions of any Schedule hereto, the terms and conditions of such Schedule shall control. In the
event of any conflict between the terms and conditions of this Agreement and the terms and conditions of the Purchase and Sale Agreement, the terms and conditions of this Agreement shall control. 

13.2 Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original instrument, but all
such counterparts together shall constitute but one agreement. Either Party’s delivery of an executed counterpart signature page by facsimile (or electronic .pdf format transmission) is as effective as executing and delivering this Agreement in
the presence of the other Party. No Party shall be bound until such time as all of the Parties have executed counterparts of this Agreement. 

13.3 Survival of Agreement. Except as otherwise contemplated by this Agreement, all covenants and agreements of the Parties
contained in this Agreement shall survive from the Effective Date and remain in full force and effect in accordance with their applicable terms. 

13.4 Expenses. Except as otherwise expressly provided in this Agreement, the Parties agree that all expenses incurred and
directly related to the Services contemplated hereby shall be borne and paid by the Person incurring such expenses. 
 13.5
Notices. All notices and other communications that are required or may be given pursuant to this Agreement must be given as required pursuant to Section 12.2 of the Purchase and Sale Agreement. 

13.6 Waivers. A failure by any Party to comply with any of its obligations, agreements or conditions herein contained may be
waived by either Party, as applicable, by an instrument signed by such party and expressly identified as a waiver, but not in any other manner. No waiver of, or consent to a change in, any of the provisions of this Agreement shall be deemed or shall
constitute a waiver of, or consent to a change in, other provisions hereof (whether or not similar), nor shall such waiver constitute a continuing waiver unless otherwise expressly provided. 

13.7 Amendments. This Agreement may be amended or modified only by an agreement in writing executed by all Parties and expressly
identified as an amendment or modification. 

  
 13 

 13.8 Assignment. Except as otherwise expressly provided for in this Agreement, no
Party shall assign all or any part of this Agreement, nor shall any Party assign or delegate any of its rights or duties hereunder, without the prior written consent of the other Parties (which consent may be withheld for any reason) and any
assignment or delegation made without such consent shall be void. Subject to the foregoing, this Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and assigns. 

13.9 Subsidiaries or Affiliates. Each of the Parties shall cause to be performed all actions, agreements and obligations set
forth herein to be performed by any Subsidiary or Affiliate of such Party or by any entity that becomes a Subsidiary or Affiliate of such Party on and after the Closing Date. 

13.10 Third Party Beneficiaries. Except as otherwise expressly provided in this Agreement, this Agreement is solely for the
benefit of the Parties and should not be deemed to confer upon third parties any remedy, claim, liability, reimbursement, cause of action or other right in excess of those existing without reference to this Agreement. 

13.11 Title and Headings. Titles and headings to sections herein are inserted for the convenience of reference only and are not
intended to be a part of or to affect the meaning or interpretation of this Agreement. 
 13.12 Specific Performance. The
Parties agree that irreparable damage would occur in the event that the provisions of this Agreement were not performed in accordance with their specific terms. Accordingly, it is hereby agreed that the Parties shall be entitled to obtain specific
performance of the terms of this Agreement in addition to any other remedy or relief to which they may be entitled. If any action is brought to enforce this Agreement against a Party, such Party shall waive the defense that there is an adequate
remedy at law. 
 13.13 Severability. The invalidity or unenforceability of any term or provision of this Agreement in any
situation or jurisdiction shall not affect the validity or enforceability of the other terms or provisions hereof or the validity or enforceability of the offending term or provision in any other situation or in any other jurisdiction and the
remaining terms and provisions shall remain in full force and effect, unless doing so would result in an interpretation of this Agreement that is manifestly unjust. 

13.14 Force Majeure. No Party (or any Person acting on its behalf) shall have any liability or responsibility for failure to
fulfill any obligation (other than a payment obligation) under this Agreement so long as and to the extent to which the fulfillment of such obligation is prevented, frustrated, hindered or delayed as a consequence of circumstances of Force Majeure.
A Party claiming the benefit of this provision shall, as soon as reasonably practicable after the occurrence of any such event: (a) notify the other Party of the nature and extent of any such Force Majeure condition, and (b) use due
diligence to remove any such causes and resume performance under this Agreement as soon as reasonably practicable. 
 13.15
Construction. The Parties acknowledge that (a) QEP and Buyer have had the opportunity to exercise business discretion in relation to the negotiation of the details of the transaction contemplated hereby, (b) this Agreement is
the result of arms-length negotiations from equal bargaining positions and (c) QEP and Buyer and their respective counsel participated in the preparation and negotiation of this Agreement. Any rule of construction that a contract be construed
against the drafter shall not apply to the interpretation or construction of this Agreement. 

  
 14 

 13.16 References; Interpretations. References in this Agreement to any gender
include references to all genders, and references to the singular include references to the plural and vice versa. Unless the context otherwise requires: 

(a) the words “include”, “includes” and “including” when used in this Agreement shall be deemed
to be followed by the phrase “without limitation”; 
 (b) references in this Agreement to Sections and Schedules
shall be deemed references to Sections of, and Schedules attached to, this Agreement; and 
 (c) the words
“hereof”, “hereby” and “herein” and words of similar meaning when used in this Agreement refer to this Agreement in its entirety and not to any particular Section or provision of this Agreement. 

13.17 Status of Service Provider as Independent Contractor. Each Service Recipient expressly acknowledges that each Service
Provider, its Affiliates, and each of their respective employees, agents, subcontractors and representatives are “independent contractors,” and nothing in this Agreement is intended and nothing shall be construed to create an
employer/employee, partnership, joint venture or other similar relationship between any Service Recipient and Service Provider, its Affiliates, or each of their respective employees, agents, subcontractors and representatives. In addition, each
Service Provider shall have the authority and responsibility to elect the means, manner and method of performing the Services required to be provided by it under this Agreement. This Agreement shall not be interpreted or construed to create an
association, joint venture, partnership, or agency between the Parties or to impose any partnership or fiduciary obligation or related liability upon any Party. 

[Signature Page Follows] 

  
 15 

 IN WITNESS WHEREOF, the Parties caused this Transition Services Agreement to be duly executed as
of the day and year first above written. 
  

			
	QEP RESOURCES, INC.
		
	By:	 	 /s/ Richard J. Doleshek

	Name:	 	Richard J. Doleshek
	Title:	 	Executive Vice President and Chief Financial Officer

 [Signature Page to Transition Services Agreement] 

			
	 TESORO LOGISTICS LP

		
	 By:
	 	 Tesoro Logistics GP, LLC, its general partner

		
	 By:
	 	 /s/ Phillip M. Anderson

	 Name:
	 	 Phillip M. Anderson

	 Title:
	 	 President

 [Signature Page to Transition Services Agreement] 

 SCHEDULES TO TRANSITION SERVICES AGREEMENT 

(See Attached) 

 SCHEDULE A – 1 

Administrative and Corporate Services 

SERVICE OVERVIEW 
 The Administrative and Corporate
Services Term Sheet addresses QEP (a) allowing Buyer to access and use certain records, and (b) providing certain services to Buyer in support of Buyer’s general and administrative management, and access to facilities 

CONTACT INFORMATION 
 Tesoro Contact: 

Name: Ida Brooks 
 Telephone: 210-626-6512 

E-Mail: Ida.R.Brooks@tsocorp.com 
 QEP Contact: 

Name: Lauren Miller/Maggie Quinn 
 Telephone: 918-488-1784
(Lauren) 303-595-5904 (Maggie) 
 E-Mail Lauren.Miller@qepres.comMaggie.Quinn@qepres.com 

Provided Services: 
  

					
	 Service
	  	 Maximum Term

(From Closing

Date)
	  	 Fee (Monthly)

	As required, QEP to provide supporting services associated with providing physical access to transitioning employees to site locations and facilities, to include temporary utilization of security badge and access control
services	  	6 months	  	At reasonable and actual cost

  
 Page 1 

Schedule A-1 to Transition Services Agreement 

					
	 Service
	  	 Maximum Term

(From Closing

Date)
	  	 Fee (Monthly)

	 Supporting services associated with the transition of employee fringe benefit programs to include:

 
 •    Continuation of the
administration of the educational reimbursement policy for employees completing fall 2014 courses

•    Administration of the relocation program for relocations commencing prior to the Closing
Date
 •    Continued employee utilization of the QEP parking accommodations at Denver and
Salt Lake for current building parkers and “ecopass” programs (through December 2014)
	  	6 months (EcoPass through 2014)	  	 •       Actual cost of parking spots in Denver & Salt
Lake
  

•       1/12th of the
2014 annual actual cost for Ecopass program in Denver & Salt Lake
  

•       All other services at actual costs incurred

			
	QEP will continue to administer and manage all existing contractor contract labor agreements	  	12 months	  	At reasonable and actual cost
			
	QEP to provide ongoing support and administration of QEP’s existing fleet management services	  	3 months	  	At reasonable and actual cost
			
	Access to the designated office space on the 16th and 24thfloor at QEP’s Denver Office	  	12 months	  	At cost
			
	Access and use of facilities on the 4th floor of QEP’s Salt Lake City office	  	Expires November 30, 2015	  	$9,217 per month
			
	Access and use of SCADA and Compliance office units at QEP’s Red Wash facilities	  	12 months	  	$9,000 per month

 TERM AND TERMINATION 
 The
Term Sheet Termination Date of the Service to be provided pursuant to this Term Sheet shall be the earlier of: (a) the day of which the month anniversary from the Closing Date as designated for each designated transition service; or
(b) the effective date of early termination by Buyer or QEP in accordance with Section 4 of the Transition Services Agreement. 

  
 Page 2 

Schedule A-1 to Transition Services Agreement 

 SCHEDULE A-2 

Operational and Commercial Services 

SERVICE OVERVIEW 
 The Operational and Commercial Services
Term Sheet addresses QEP (a) allowing Buyer to access and use certain records, and (b) providing certain operations and commercial supporting services to Buyer 

CONTACT INFORMATION 
 Tesoro Contact: 

Name: Don Sorensen 
 Telephone: 360-202-2163 

E-Mail: Don.J.Sorensen@tsocorp.com 
 QEP Contact: 

Name: Randy Judge 
 Telephone: 303-640-4239 

E-Mail Randy.Judge@qepres.com 
 Provided Services: 

 

					
	 Service
	  	 Maximum Term

(From Closing

Date)
	  	 Fee (Monthly)

	 Access to any required environmental, health and safety systems and supporting services required to support the migration and integration
into Buyer’s systems. Examples include:
  

•   Air compliance tracking, emissions calculation applications, hazardous waste management
tracking programs, and driver safety programs
	  	6 months	  	At reasonable and actual cost
			
	Supporting transitional service related to the operation and servicing of the Dehydration Units on the Pinedale Mesa associated with the Wexpro owned production	  	6 months	  	Fee to be substantially similar to that charged prior to close.

  
 Page 1 

Schedule A-2 to Transition Services Agreement 

					
	 Service
	  	 Maximum Term

(From Closing

Date)
	  	 Fee (Monthly)

	Provide necessary systems and services to support the requisition, purchasing, receipt, and issuance of materials, supplies and services per QEP’s DOA and manually per Buyer’s LOA for purchases that exceed QEPFS’
SVP’s DOA.	  	6 months	  	At reasonable and actual cost
			
	Provide access and data from systems used to catalog and store agreements and contracts.	  	6 months	  	At reasonable and actual cost
			
	Access to Natural Gas Weekly, Natural Gas Intelligence Shale Daily, Propane Price Insider	  	3 months	  	At reasonable and actual cost
			
	QEP to provide ongoing service and support for shared well pad equipment, communications infrastructure and operational control networks and software.	  	Services will expire upon execution of operational service agreement post close	  	At reasonable and actual cost
			
	QEP to provide methanol injection and freeze remediation services for the Wonsits Gathering System	  		  	At reasonable and actual cost
			
	Instrumentation and Electrical support in North Dakota Operations, on an as needed basis, at a support level consistent with QEP’s pre-close operations.	  	4 Months	  	At reasonable and actual cost

 TERM AND TERMINATION 
 The
Term Sheet Termination Date of the Service to be provided pursuant to this Term Sheet shall be the earlier of: (a) the day of which the month anniversary from the Closing Date as designated for each designated transition service; or
(b) the effective date of early termination by Buyer or QEP in accordance with Section 4 of the Transition Services Agreement. 

  
 Page 2 

Schedule A-2 to Transition Services Agreement 

 SCHEDULE A - 3 

Financial Services 
 SERVICE OVERVIEW

 The Financial Services Term Sheet addresses QEP (a) allowing Buyer to access and use certain records, and (b) providing certain services to
Buyer in support of Buyer’s financial, regulatory and operational reporting, and certain administrative services including control assistance, tax and treasury 

CONTACT INFORMATION 
 Tesoro Contact: 

Name: Thadd Stricker 
 Telephone: 210-626-6561 

E-Mail: Thadd.Stricker@tsocorp.com 
 QEP Contact: 

Name: Matt Herzog /Alice Ley 
 Telephone: 303.573.3431 (Matt)
303.573.3446 (Alice) 
 E-Mail Matthew.Herzog@qepres.com Alice.Ley@qepres.com 

Provided Services: 
  

			
	 Service
	  	
Maximum
Term (From
Closing Date)

	Continued operation and support of QEPFS financial systems/applications	  	
		
	Provide accounting support similar to support currently provided through the point of financial reporting and consolidation that will result in the generation of accurate financial statements based on a monthly detailed trial
balance. Consolidated financial statements will include any adjustments necessary to remove the results of operations for Haynesville or the Vermillion Plant (if TLLP makes the decision to sell the Vermillion Plant after the acquisition date). Any
adjustment resulting from the tagalong of the Uintah Basin Field Services, L.L.C. will be reflected in the consolidated financial statements done by buyer.	  	12 Months

  
 Page 1 

Schedule A-3 to Transition Services Agreement 

			
	 Service
	  	
Maximum
Term (From
Closing Date)

	Assistance with 10K preparation for QEP Midstream Partners, LP (“QEPM”), and continue to perform controls surrounding the 10-K preparation process (i.e., tie out, disclosure checklists, QEP employee disclosure committee
participation, XBRL review, QEP subcertifications as requested). TLLP will be in charge of the draft SEC document distributions and setup of the disclosure committee meetings. Note it will be a QEP and Buyer joint effort. Prepare Part III of the
Form 10-K as it relates to executive officers and independent directors (prior to the Acquisition date). During the transition period, QEP will make payments to the independent directors as directed by Buyer, or QEP will include payments made by
Tesoro in the disclosures under Part III.	  	12 Months
		
	Provide contractors currently doing QEPFS’ accounting as well as other contractors involved in meeting the requirements under the TSA. The costs of contractors will be included in the TSA fee. However, if contractors choose to
leave during transition period, Tesoro will be responsible for finding replacements.	  	12 Months
		
	Upload into SAP any entries provided by Buyer using QEP SAP upload form. Entries will be provided using QEP’s hierarchy and chart of accounts.	  	12 Months
		
	Journal entries to be provided to QEP for bonus, salary, payroll taxes and 401K expense and any other related salary related amounts using QEP cost centers and templates, for upload into QEP’s SAP. Additional journal entries
using QEP templates for upload into QEP’s SAP will be provided as needed, including, but not limited to allocation of general and administrative expenses to QEPFS and QEPM and corporate card allocations.	  	12 Months
		
	Perform Joint Interest Billing for the Vermillion Processing Plant.	  	12 Months
		
	Electronic transfer of data/reports to/from QEP for Buyer financials and disclosures required to support QEPM full 10K	  	12 Months
		
	Accounts Payable processing and operating expense accruals booking. Record Invoices and route for approval and payment per QEP’s DOA and manually per Tesoro’s LOA for invoices that exceed QEPFS’ SVP’s DOA	  	12 Months
		
	Accounts Receivable Posting of Customer Payments. Coordinate collection activity with Buyer’s Credit Department after third customer contact.	  	12 Months
		
	Revenue processing and accrual booking to include Customer invoicing/settlement statements	  	12 Months
		
	QEP will prepare all federal and state partnership tax returns and K-1’s for both short periods ending in 2014	  	12 Months
		
	Current management reporting to continue to the extent transactions are booked into QEP’s system.	  	12 Months
		
	QEP will provide personnel to accomplish month-end closing, preparation of internal reporting and assistance with Buyer’s external reporting for Equity, Net Income per Unit, Stock Compensation, Fixed Assets, Accounts Payable
and consolidated reporting at the QEPFS level.	  	12 Months
		
	Provide access to all relevant supporting documentation related to accounting close process including journal entries, invoices, contracts, account, reconciliations, third party statements, etc.	  	12 Months
		
	Provide all necessary master data in accordance with the contract.	  	12 Months
		
	Create and maintain master data based on approved information provided by the buyer in QEP format.	  	12 Months
		
	Provide business service center support as needed, including QEP contacts and responses for QEP related items.	  	12 Months

  
 Page 2 

Schedule A-3 to Transition Services Agreement 

			
	 Service
	  	
Maximum
Term (From
Closing Date)

	QEP to provide requested copies of purchase orders, contracts and invoices	  	12 Months
		
	QEP’s commercial operations will continue to have access to enter contract information into SNG or system of record from completely executed contracts provided by Buyer	  	12 Months
		
	Continue capital spend and accrual recording and reporting as currently performed to include necessary asset information for depreciation calculation such as assets placed in service.	  	12 Months
		
	Provide assistance necessary for Buyer to timely comply with any weekly, monthly, quarterly or annual compliance reporting for federal, state, and local governments currently performed by Accounting. In particular, assistance and
support for the filing of quarterly and annual FERC Form 6 report.	  	12 Months
		
	Record inventory such as MRO and hydrocarbon movements or provide reports necessary for Buyer to record inventory movements	  	12 Months
		
	Provide explanations for significant changes in inventory movements as needed by Buyer.	  	12 Months
		
	Record derivative entries as necessary using QEP’s SAP upload form. Entries will use QEP’s hierarchy and chart of accounts. However disclosure preparation will be handled by Buyer if applicable.	  	12 Months
		
	Prepare variance analysis files for use by buyer to the level and format currently done and to the extent the transactions are booked in QEP’s system.	  	12 Months
		
	Respond to questions related to payroll processing as needed following acquisition date.	  	12 Months
		
	QEP Internal Audit staff and Internal Control Specialists to continue to perform 2014 SOX testing, with the assistance of Buyer personnel, including any untested 2014 controls and remediation testing. QEP to also perform Q4 2014 302
survey and results and ITGCs testing and documentation. QEP to provide SOX testing plans and documentation. QEP to continue to assist and support Buyer in 2015 SOX compliance in transition and assist in converting SOX testing and documentation to
Buyer format.	  	12 Months
		
	Continue to make all payments through Wells Fargo.	  	12 Months
		
	Provide read-only bank account access for all accounts assumed.	  	12 Months
		
	Perform normal QEP cash settlement processes.	  	12 Months
		
	Provide income Tax, Property Tax and Sales Tax support.	  	12 Months
		
	Facilitate payment of the quarterly QEPM distribution and track QEPM units issued and outstanding. Continue to use Wells Fargo as Transfer Agent as long as QEP is providing service.	  	12 Months
		
	Prepare joint venture financial statements, including calculation of distribution for each month end.	  	12 Months
		
	Facilitate payment of the joint ventures distributions and any cash calls.	  	12 Months
		
	Prepare stand-alone financial statements for any significant subsidiaries or guarantors as necessary (i.e., Green River Processing for 2014 and assistance with Q1 2015 if required). Extent of preparation of financial statements will
be based on transactions booked in QEP’s system. Tesoro will perform consolidation for any transactions booked in Tesoro’s system. Tie out support, disclosure checklist and any other supporting documentation to be provided to Buyer.	  	12 Months
		
	Assist in the preparation and presentation of earnings material and audit committee presentations, as needed.	  	12 Months

  
 Page 3 

Schedule A-3 to Transition Services Agreement 

			
	 Service
	  	
Maximum
Term (From
Closing Date)

	QEP will prepare and distribute all required 2014 Form 1099’s and all related filings in accordance with Federal and State regulations for any FEINs that Buyer purchased to the extent QEP processes payments in 2014 for these
entities. QEP will provide information and assistance to Tesoro in order for Tesoro to prepare and distribute 2015 Form 1099’s and all related filings.	  	12 Months
		
	Buyer will migrate the QEPM Workiva instance to its account in December 2014 ensuring that QEP personal involved with 10-K preparation have access to complete their responsibilities. QEP will continue to use webfilings to prepare
the QEPM10-K and Green River processing financial statements.	  	12 Months
		
	Assistance with novation/close of bank accounts, if needed.	  	12 Months
		
	Buyer will provide entries and support for any post-close debt transactions as well as the related interest expense.	  	12 Months
		
	QEP will make necessary adjustments to financial data provided to Buyer during the TSA period to reflect transactions occurring post close with affiliates under the current ownership structure as transactions with third parties
where appropriate (ie, transactions with QEP Marketing Company, Inc , QEP Energy Company, Inc or QEP Resources, Inc. will be reflected as third party transactions).	  	12 Months
		
	Continue to provide entries and support for any post-close debt transactions as well as the related interest expense.	  	12 months

 TERM AND TERMINATION 
 The
Term Sheet Termination Date of the Service to be provided pursuant to this Term Sheet shall be the earlier of: (a) the day of which the month anniversary from the Closing Date as designated for each designated transition service; or
(b) the effective date of early termination by Buyer or QEP in accordance with Section 4 of the Transition Services Agreement 
 FINANCIAL
SERVICES FEES 
 Each month, QEP to provide the Buyer with an invoice detailing the QEP’s actual cost to provide transition financial services to
the Buyer, including any out of pocket expenses incurred by QEP on behalf of the Buyer 

  
 Page 4 

Schedule A-3 to Transition Services Agreement 

 SCHEDULE A – 4 

Information Technology Services 

SERVICE OVERVIEW 
 The Information Technology Term Sheet
addresses QEP (a) allowing Buyer to access and use of specific applications and systems, and (b) providing certain services to Buyer in support of the ongoing operation of the business. 

GENERAL CONDITIONS FOR INFORMATION TECHNOLOGY SERVICES 

QEP shall maintain an equivalent level of service for applications, systems, and equipment as performed prior to close. Upon completion of transition services
for each item, historical data will be extracted and provided to Buyer on an agreed upon and reasonable timeline. 
 CONTACT INFORMATION 

Tesoro Contact: 
 Name: Judy Howard 

Telephone: 210-626-6967 
 E-Mail: Judy.P.Howard@tsocorp.com 

QEP Contact: 
 Name: Jamie Cutler 

Telephone: 303-640-4229 
 E-Mail Jamie.Cutler@qepres.com 

Provided Services: 
  

					
	 Service
	  	 Maximum Term (From
Closing Date)
	  	 Fee (Monthly)

	Maintain active backup and recovery for all QEPFS systems, applications and infrastructure.	  	12 Months	  	$0.00

  
 Page 1 

Schedule A-4 to Transition Services Agreement 

					
	 Service
	  	 Maximum Term (From
Closing Date)
	  	 Fee (Monthly)

	Continued operation of QEP Service Desk to handle calls and support tickets for users. These tickets will include application and infrastructure issues. Escalation of systems or services that are transitioned to Tesoro will be
conveyed to the Tesoro IT Service Desk.	  	12 months	  	$5,237.00
			
	Continued operation of all QEPFS systems and services supporting users. This includes communication, collaboration and corresponding archives, email forwarding, electronic business records, anti-virus, and related functions for all
impacted personnel.	  	12 months	  	$9,707.00
			
	Continued monitoring, operation, security (physical and logical) and maintenance of any asset/relationship required for a fully functional QEPFS network to include but not limited to, all existing telecommunications and
infrastructure platforms (carrier relationships, radio towers, antennas, physical and virtual circuitry, power, HVAC, routers, switches, cabling, servers, radios, etc.) and the services that they provide (voice & data services, Internet,
file, print, fax, DNS, DHCP, voice mail, etc.).	  	12 months	  	$79,220.00
			
	Hardware maintenance, support, and spares for the Business. For clarity, this includes all of the break fix service for the operation of the Business provided by QEP prior to Closing.	  	12 months	  	$24,885.00
			
	Access to historical and current data relating to, and relevant to the ongoing operation of the Business.	  	12 months	  	$0.00
			
	Provision, set up, and de-provision users as needed during transition period.	  	12 months	  	$0.00
			
	Schedule and transfer all required data feeds to Buyer to support the TSA applications and systems.	  	12 months	  	$0.00
			
	Electronic transfer of data/reports to/from QEP including use of SFTP servers.	  	12 months	  	$0.00

  
 Page 2 

Schedule A-4 to Transition Services Agreement 

					
	 Service
	  	 Maximum Term (From
Closing Date)
	  	 Fee (Monthly)

	 Operations and support of
  

-        MS Office, SharePoint, Document Management, Records Archives
	  	12 months	  	$0.00
			
	 Operations and support of
  

-        SolArc Natural Gas
	  	12 months	  	$25,344.83
			
	 Operations and support of
  

-        FlowCal
	  	12 months	  	$11,030.70
			
	 Operations and support of
  

-        GPIS
	  	12 months	  	$1,593.75
			
	 Operations and support of
  

-        ADP (Payables)
	  	12 months	  	$5,008.33
			
	 Operations and support of
  

-        DocVue
	  	12 months	  	$2,941.67
			
	 Operations and support of
  

-        ACTS
	  	3 months	  	$0.00
			
	 Operations and support of
  

-        Geotab
	  	3 months	  	$0.00
			
	 Operations and support of
  

-        Meridian
	  	6 months	  	$2,366.67
			
	 Operations and support of
  

-        Contracts DB
	  	12 months	  	$531.25
			
	 Operations and support of
  

-        iHistorian
	  	9 months	  	$1,054.13
			
	 Operations and support of
  

-        Kofax
	  	12 months	  	$0.00 (Included in DocVue)
			
	 Operations and support of
  

-        MP2
	  	6 months	  	$2.025.97
			
	 Operations and support of
  

-        SAP (includes BW and BPC)
	  	12 months	  	$48,333.33

  
 Page 3 

Schedule A-4 to Transition Services Agreement 

					
	 Service
	  	 Maximum Term (From
Closing Date)
	  	 Fee (Monthly)

	 Operations and support of
  

-        Wells Fargo Payment Manager
	  	12 months	  	$425.00
			
	 Operations and support of
  

-        XMAP GIS
	  	6 months	  	$3,577.08
			
	 Operations and support of
  

-        Quorum Land
	  	6 months	  	$1,145.83
			
	 Operations and support of
  

-        Workiva
	  	12 months	  	$425.00
			
	 Operations and support of
  

-        Aspen Hysis
	  	3 months	  	$8,622.40
			
	 Operations and support of
  

-        SharePoint sites used by field services personnel including QEPFS and
Forecast & Budget
	  	12 months	  	$0.00
			
	 Operations and support of
  

-        Rendezvous Pipeline website
	  	3 months	  	$2,158.33
			
	 Operations and support of
  

-        QEPM.com website
	  	12 months	  	$2,375.00
			
	 Operations and support of
  

-        AmpCalc
	  	12 months	  	$1,062.50
			
	 Operations and support of
  

-        CADWorks
	  	12 months	  	$2,113.10
			
	 Operations and support of
  

-        GRI GlyCalc
	  	12 months	  	$2,125.00
			
	 Operations and support of
  

-        PHAWorks
	  	12 months	  	$1,563.33
			
	 Operations and support of
  

-        PowerTools SKM
	  	12 months	  	$1,909.72
			
	 Operations and support of
  

-        ProMax with TSWEET
	  	12 months	  	$4,157.74

  
 Page 4 

Schedule A-4 to Transition Services Agreement 

					
	 Service
	  	 Maximum Term (From
Closing Date)
	  	 Fee (Monthly)

	 Operations and support of
  

-        Terrasync/Pathfinder
	  	12 months	  	$850.00
			
	 Operations and support of
  

-        Winflow
	  	12 months	  	$2,125.00
			
	 Operations and support of
  

-        ETAP
	  	12 months	  	$179
			
	 Operations and support of
  

-        ACH Positive Pay
	  	12 months	  	$425.00
			
	 Operations and support of
  

-        ARO – Assent 143
	  	12 months	  	$3,044.92
			
	 Operations and support of
  

-        TrinTech/Compliance
	  	12 months	  	$908.33
			
	 Operations and support of
  

-        ArcGIS
	  	3 months	  	$616.32
			
	 Operations and support of
  

-        AutoCad
	  	3 months	  	$1,895.83
			
	QEP shall provide continued use and availability of all FCC licenses as necessary to support all business operations of Buyer	  	12 months	  	$0.00

 TERM AND TERMINATION 
 The
Term Sheet Termination Date of the Service to be provided pursuant to this Term Sheet shall be the earlier of: (a) the day of which the month anniversary (in schedule of services) of the Closing Date occurs; or (b) the effective date of
early termination by Buyer or QEP in accordance with Section 4 of the Transition Services Agreement 

  
 Page 5 

Schedule A-4 to Transition Services Agreement 

 Schedule A – 5 

SCADA Equipment 
 SERVICE OVERVIEW

 The following section describes the ongoing responsibility of ongoing operation and maintenance of the SCADA and operations control infrastructure

 South District (Utah) 
 This area
predominantly deploys a single-well design. At each pad, each well has a gas meter measuring the gas production at the wellhead. Other equipment located at the site may include dehy units, glycol heaters, and/or separators. In most locations,
measurement and well optimization is performed by a single EFM. Each location has a radio that allows communication back to a SCADA system for data collection and remote control of the site. 

The following list identifies the current assignment of responsibility as it pertains to assets jointly utilized by the Acquired Company and QEP. This
assignment does not imply ownership of the assets, only its operation and/or repair. 
 New Equipment Installs 

RTU & associated equipment – QEP 

Allocation Meter – QEP 

Master Meter (MVS & RTD) – BUYER 

Equipment Operation & Maintenance 
 Power
source (solar panels & batteries) – QEP 
 RTU – QEP 

Communications (radio & tower) – QEP 

Allocation Meter – QEP (most locations do not include allocation meters) 

Master Meter (including plate changes) – BUYER 

Well Automation (including RTU config) – QEP 
 Master Meter
Calibrations (including RTU config) – BUYER 
 QEP Meter Calibrations (~110 meters) – BUYER 

Gas Analysis- BUYER 
 “Combo” units – some older
locations have a separator and meter in the same building 
 Maintenance & Operation (upstream of meter) – QEP 

Maintenance & Operation (meter run & downstream) – BUYER 

  
 Page 1 

Schedule A-5 to Transition Services Agreement 

 North District (Wyoming, excluding Pinedale) 

This area predominantly deploys a single-well design (six locations service two wells, one location services three wells). At each site, each well has a gas
meter measuring the gas production at the wellhead. Other equipment located at the site may include dehy units, glycol heaters, and/or separators. All measurement and well optimization is performed by a single EFM. Every location has a radio that
allows communication back to a SCADA system for data collection and remote control of the site. 
 The following list identifies the current assignment of
responsibility as it pertains to assets jointly utilized by the Acquired Company and QEP. This assignment does not imply ownership of the assets, only its operation and/or repair. 

New Equipment Installs 
 RTU &
associated measurement equipment – BUYER 
 Meter (MVS & RTD) – BUYER 

Equipment Operation & Repairs- 
 Power
source (solar panels & batteries) – BUYER 
 RTU – BUYER 

Communications (on site radio) – BUYER 

Communications (master radio) – QEP 

Meter -BUYER 
 Well Automation (including RTU
config; not installed in all areas) – QEP 
 Meter Calibrations (including RTU config) – BUYER 

Gas Analysis- BUYER 
 Orifice Plate Changes- BUYER 

QEP Meter Calibrations – BUYER 

  
 Page 2 

Schedule A-5 to Transition Services Agreement 

 Pinedale Pad Wells 

This area predominantly deploys a multi-well “pad” design. At each pad, each well has a gas meter run with measurement achieved by one or more EFM
devices. In addition to individual well gas production measurement (known as allocation meters), EFM’s are also utilized to optimize the well production. In addition to the allocation meters, each pad also has a “master meter” that
serves as the “sales” meter. The master meter measurement is performed in one of the EFM devices. The master meter is housed in a skid-mounted building. The master meter contains a meter run, manifold valve, MVS (multi-variable sensor) and
other measurement devices. The MVS is connected to an EFM housed in a separate building. 
 The following list identifies the current assignment of
responsibility as it pertains to assets jointly utilized by the Acquired Company and QEP. This assignment does not imply ownership of the assets, only its operation and/or repair. 

(QEP => QEP Resources 
 New Equipment Installs 

RTU & associated equipment – QEP 

Allocation Meter – QEP 

Master Meter (MVS & RTD) – BUYER 

Equipment Operation & Maintenance 
 Power
source (solar panels or TGE & batteries) – QEP 
 RTU – QEP 

Communications (on site radio) – QEP 

Communications (tower radio) – QEP 

Allocation Meter – QEP 

Master Meter – BUYER 
 Well Automation
(including RTU config) - QEP 
 Meter Calibrations (including RTU config) 

Master Meter - BUYER 
 Allocation
Meter - QEP 
 Gas Analysis 
 Master Meters -
BUYER 
 Allocation Meters - QEP 
 Orifice Plate
Changes 
 Master meters - BUYER 

Allocation Meters - QEP 
 “Combo” units
– some older locations have a separator, meter, and dehy in the same building 
 Maintenance & Operation (upstream of meter)
– QEP 
 Maintenance & Operation (meter run & downstream) – BUYER 

  
 Page 3 

Schedule A-5 to Transition Services Agreement 

 North Dakota 

From an automation viewpoint, each of the well sites consists of a ROC 800 series device and a Programmable Automation Controller (PAC). The ROC handles the
EFM calculations required at the site. The PAC is programmed to handle the data collection and controls for the well operation and tank levels. Both devices are on the IT network allowing communications to an on-site intelligent HMI device as well
as a SCADA gathering system in Parshall. 
 The following list identifies the current assignment of responsibility as it pertains to assets jointly utilized
by the Acquired Company and QEP. This assignment does not imply ownership of the assets, only its operation and/or repair. 
 (QEP => QEP Resources 

New Equipment Installs- per operating agreement 
 Equipment
Operation & Repairs- 
 Power source (commercial power & batteries) – QEP 

RTU – QEP 
 Communications
– QEP 
 Well Automation (including RTU config) - QEP 

Master Meter Calibrations (including RTU config) - BUYER 
 Gas
Analysis- BUYER                     (custody transfer gas meter only) 

Orifice Plate Changes- BUYER     (custody transfer gas meter only) 

  
 Page 4 

Schedule A-5 to Transition Services Agreement 

 SCHEDULE B 

Buyer Transition Services to QEP 

SERVICE OVERVIEW 
 The schedule below details ongoing
Transition Services Buyer is to provide to the QEP 
 CONTACT INFORMATION 

Tesoro Contact: 
 Name:
[        ] 
 Telephone: [        ] 

E-Mail: [        ] 

QEP Contact: 
 Name:
[        ] 
 Telephone: [        ] 

E-Mail [        ] 

Provided Services: 
  

					
	 Description of Service
	  	 Time Period
	  	 Cost for Service

	Continue to provide meter calibrations on a quarterly basis for 139 specified meters. Provide the calibration reports to QEP Energy Company (“QEP Energy”). Where applicable, the meter calibration data will be used to
update the FlowCal measurement system.	  	12 months	  	$125 per meter
			
	Continue to receive measurement data for approximately 500 meters, via the SCADA system, into FlowCal and analyze as well as edit the data as needed. Send QEP Energy volumes statements that are API/AGA compliant.	  	12 months	  	$10.50 per meter per month
			
	Continue to provide XMAP support to QEP Energy.	  	12 months	  	Charge the actual cost to provide the service
			
	Continue to provide the same level of support and information to QEP Energy, QEP Marketing, QEP Resources, for the Haynesville gathering system and the Vermillion Processing Plant, if necessary.	  	12 months	  	Charge the actual cost to provide the service

  
 Page 1 

Schedule B to Transition Services Agreement 

					
	 Description of Service
	  	 Time Period
	  	 Cost for Service

	Continue to provide assistance to QEP Energy with regard to audit requests from the ONRR regarding QEPFS (midstream) activity	  	12 months	  	Charge the actual cost to provide the service
			
	Continue to provide support (Commercial Operations and Accounting) for audit requests made by QEP and/or QEPM’s auditors covering the time period when QEP owned the QEPFS Business and/or QEPM.	  	12 months	  	Charge the actual cost to provide the service
			
	Buyer employees Doug Hoyt and Mark Liebmann will continue to provide support to QEP employees in the following locations: 1. Mark Liebmann in the Salt Lake office as an IT deskside analyst performing those duties. 2. Doug Hoyt, in
the Rock Springs, Wyoming area supporting; plant communications, wireless communications and area offices as an IT Analyst. Fees for these services will be based on the support fees in the TSA that QEP charges to Buyer for similar services.	  	12 months	  	Fees for these services will be based on the support fees in the TSA that QEP charges to TLLP for similar services.

 TERM AND TERMINATION 
 The
Term Sheet Termination Date of the Service to be provided pursuant to this Term Sheet shall be the earlier of: (a) the day of which the month anniversary from the Closing Date as designated for each designated transition service; or
(b) the effective date of early termination by Buyer or QEP in accordance with Section 4 of the Transition Services Agreement. 

  
 Page 2 

Schedule B to Transition Services Agreement 

 SCHEDULE C 

Software and/or services used by QEPFS, the Acquired Company or the Acquired 

Subsidiaries under QEP’s software licenses 
  

									
	 Application Name
	  	FS Licenses	 	  	QEP Licenses	 
	 ArcGIS
	  	 	1	  	  	 	11	  
	 AutoCad
	  	 	5	  	  	 	5	  
	 Meridian
	  	 	20	  	  	 	5	  
	 Microsoft Desktop Licensing
	  	 	259	  	  	 	1426	  
	 Microsoft Server Standard Licensing
	  	 	1	  	  	 	591	  
	 MP2
	  	 	61	  	  	 	8	  
	 Power Tools - SKM
	  	 	5	  	  	 	1	  
	 ProMax with TSWEET
	  	 	11	  	  	 	3	  
	 SolArc (SNG)
	  	 	12	  	  	 	17	  
	 XMAP GIS
	  	 	175	  	  	 	25	  

  
 Page 1 

Schedule C to Transition Services Agreement 

 SCHEDULE D 

Software and/or services used by QEP under QEPFS’s software licenses 

 

									
	 Application Name
	  	FS
Licenses	 	  	QEP
Licenses	 
	 AmpCalc
	  	 	2	  	  	 	2	  
	 Aspen Hysis
	  	 	11	  	  	 	5	  
	 CADWorks
	  	 	5	  	  	 	2	  
	 FlowCal
	  	 	10	  	  	 	9	  
	 GPIS
	  	 	3	  	  	 	1	  
	 iHistorian (SCADA)
	  	 	63	  	  	 	64	  
	 PHAWorks
	  	 	28	  	  	 	22	  
	 Terrasync/Pathfinder
	  	 	3	  	  	 	2	  

  
 Page 1 

Schedule D to Transition Services AgreementEX-10.3

 Exhibit 10.3 

Execution Version 

GUARANTY 
 This
GUARANTY, is made and entered into as of December 2, 2014, by QEP RESOURCES INC., a Delaware corporation with its principal offices at 1050 17th Street, Suite 500, Denver, Colorado 80265
(“Guarantor”), in favor of TESORO LOGISTICS LP, a Delaware limited partnership, with its principal offices at 19100 Ridgewood Parkway, San Antonio, Texas 78259 (the
“Beneficiary”). 
 RECITALS 

 

	A.	QEP Field Services Company, a Delaware corporation (the “Seller”), and Beneficiary have entered into that certain Membership Interest Purchase Agreement dated as of October 19, 2014 (as
supplemented, modified, amended or replaced from time to time, the “Agreement”). 

  

	B.	The Seller and its affiliates and the Beneficiary and its affiliates are parties to certain other agreements required to be executed and delivered in connection with the Agreement (collectively with the Agreement, the
“Transaction Agreements”). 

  

	C.	Guarantor is the ultimate holding company of the Seller, and as such, Guarantor has benefitted and may reasonably be expected to benefit from Beneficiary entering into the Agreement with Seller. 

 

	D.	Seller has requested that Guarantor provide this Guaranty in favor of the Beneficiary in connection with Seller’s obligations under the Agreement. 

NOW, THEREFORE, in consideration of Beneficiary’s agreement to enter into the Agreement with the Seller and for then good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, Guarantor does hereby covenant and agree as follows: 

AGREEMENT 
 1. Guaranty. 

(a) Guarantor hereby unconditionally, absolutely and (subject to the express provisions hereof with respect to termination)
irrevocably guarantees the punctual payment and performance when due, whether upon demand, at stated maturity, upon acceleration or otherwise, of Seller’s obligations arising under the Transaction Agreements (including any payment obligations
arising on account of the indemnification obligations of Seller under the Agreement), as the Transaction Agreements may be amended or modified by agreement in writing between Seller and the Beneficiary from time to time (collectively, the
“Guaranteed Obligations”). Notwithstanding any other provision of this Guaranty to the contrary, in no event shall Guarantor’s obligations and liabilities to Beneficiary hereunder exceed Seller’s obligations and
liabilities to Beneficiary as set forth in the Transaction Agreements. 
 (b) Guarantor shall reimburse the Beneficiary for
all sums paid to the Beneficiary by Seller with respect to such Guaranteed Obligations which the Beneficiary is subsequently required to return to Seller or a representative of Seller’s creditors as a result of Seller’s bankruptcy,
insolvency, liquidation, or similar proceeding. 
 (c) This Guaranty shall be a continuing guaranty of all of the Guaranteed
Obligations and shall apply to and secure any ultimate balance due or remaining unpaid to the Beneficiary with respect to the Guaranteed Obligations; and this Guaranty shall not be considered as wholly or partially satisfied by the payment at any
time of any sum of money if any Guaranteed Obligations remain unpaid to the Beneficiary. 

 (d) This Guaranty shall continue to be effective or be reinstated, as the case
may be, if at any time any payment of any of the Guaranteed Obligations is rescinded or must otherwise be returned by the Beneficiary on the insolvency, bankruptcy or reorganization of Seller or Guarantor or otherwise, all as though such payment had
not been made. 
 (f) Subject to Section 2(g), if, after the closing of the transactions contemplated by the Agreement,
Guarantor merges or consolidates with or into any other entity, or dissolves, liquidates, sells, assigns, transfers or otherwise disposes of all or substantially all of the assets owned by Guarantor, directly or indirectly, to any other entity, then
such entity shall assume in writing all of Guarantor’s obligations under this Guaranty, and shall be deemed to have assumed all of Guarantor’s obligations under this Guaranty, and shall be directly liable to Beneficiary hereunder with
respect to same, from and after the date of any such merger, consolidation, sale, assignment, transfer or disposition. Promptly following the closing of any such merger, consolidation, sale, assignment transfer or disposition, Guarantor shall
provide Beneficiary with notice of such merger, consolidation, sale, assignment, transfer or disposition together with a copy of the assuming entity’s assumption of the Guarantor’s obligations hereunder. 

(g) If a disposition of assets and distribution of proceeds would result in the consolidated net worth of the Guarantor being
less than three billion United States dollars ($3,000,000,000), Guarantor shall, at least ten (10) business days prior to such disposition and distribution, cause affiliates of Guarantor, which when combined with the remaining net worth of
Guarantor, will have a consolidated net worth of at least three billion United States Dollars ($3,000,000,000), if such affiliates of Guarantor exist, to agree in writing to assume all of Guarantor’s obligations under this Guaranty and to be
jointly and severally liable with Guarantor and directly liable to Beneficiary hereunder with respect to same. 
 2. Guaranty Absolute. The liability
of Guarantor under this Guaranty shall be absolute and unconditional, and shall not be limited, lessened or discharged by any act on the part of the Beneficiary or matter or thing irrespective of, without limitation: 

(a) any incapacity or disability or lack or limitation of status or power of Seller or that Seller may not be a legal entity;

 (b) the bankruptcy or insolvency of Seller; 

(c) any law, regulation or order now or hereafter in effect in any jurisdiction affecting any of the Guaranteed Obligations or
the rights of the Beneficiary with respect thereto; 
 (d) any lack of validity or enforceability of the Transaction
Agreements; 
 (e) any discontinuance of or any reduction, increase or other variation of credit granted to Seller or any
change in the time, manner or place of payment of, or in any other term of, all or any of the Guaranteed Obligations or any other amendment, modification, extension, renewal or waiver of or any consent to or other acquiescence in the departure from
the terms of the Transaction Agreements, regardless of whether this Guaranty is in effect at such time; or 

  
 - 2 - 

 (f) any change in the name, constitution or capacity of Seller, or Seller being
merged with another entity, in which case this Guaranty shall apply to the liabilities of the resulting entity, and the term “Seller” shall include such resulting corporation; 

Any account settled or stated by or between the Beneficiary and Seller shall be accepted by Guarantor in the absence of manifest error, as conclusive evidence
that the balance or amount thereof thereby appearing due by Seller to the Beneficiary, is so due. 
 The obligations of Guarantor hereunder are several and
are primary obligations for which Guarantor is the principal obligor. There are no conditions precedent to the enforcement of this Guaranty except as expressly contained herein. It shall not be necessary for the Beneficiary, in order to enforce
payment or performance by Guarantor under this Guaranty, to exhaust any of its remedies or recourse against Seller, any other guarantor, or any other person liable for the payment or performance when due and shall apply regardless of whether
recovery of all such Guaranteed Obligations may be discharged or uncollectible in any bankruptcy, insolvency or other proceeding, or be otherwise unenforceable. A separate action or actions may be brought and prosecuted against Guarantor with
respect to the Guaranteed Obligations whether action is brought against the Seller or whether the Seller be joined in any such action or actions; provided, however, that except for the defenses of (i) lack of authority, (ii) failure of
consideration, and (iii) discharge as a result of bankruptcy, Guarantor reserves all defenses and limitations of liability of Seller in the Transaction Agreements. 

3. Waiver. Guarantor hereby waives: 

(a) notice of acceptance of this Guaranty, notice of the creation or existence of any of the Guaranteed Obligations and notice
of any action by the Beneficiary in reliance hereon or in connection herewith; 
 (b) notice of the entry into the
Transaction Agreements between Seller and the Beneficiary and notice of any amendments, supplements or modifications thereto; or any waiver or consent under the Transaction Agreements, including waivers of the payment or performance of the
obligations thereunder; 
 (c) notice of any increase, reduction or rearrangement of Seller’s obligations under the
Transaction Agreements or notice of any extension of time for the payment of any sums due and payable to the Beneficiary under the Transaction Agreements; 

(d) except as expressly set forth herein, presentment, demand for payment or performance, notice of dishonor or nonpayment,
protest and notice of protest or any other notice of any other kind with respect to the Guaranteed Obligations; 
 (e) any
requirement that suit be brought against, or any other action by the Beneficiary be taken against, or any notice of default or other notice to be given to, or any demand be made on Sellers or any other person, or that any other action be taken or
not taken as a condition to Guarantor’s liability for the Guaranteed Obligations under this Guaranty or as a condition to the enforcement of this Guaranty against Guarantor; 

(f) any other circumstance (including, without limitation, the failure to obtain from any intended guarantor, other than
Guarantor, a valid guaranty and any release and discharge of any other guarantor or surety for the Guaranteed Obligations) which might otherwise constitute a defense, set-off or counterclaim available to, or a legal or equitable discharge of, Seller
in respect of the Guaranteed Obligations or Guarantor in respect of this Guaranty (other than the defense of indefeasible payment in full), all of which are hereby expressly waived by Guarantor; 

  
 - 3 - 

 (g) the waiver, surrender, compromise, settlement, release or termination of any
or all of the obligations, covenants or agreements of the Seller under the Agreement; 
 (h) the failure to give notice to
Guarantor of the occurrence of a Default under the Agreement; 
 (i) the taking or the omission of any of the actions
referred to in the Agreement including any acceleration of sums owing thereunder; 
 (j) any failure, omission, delay or lack
on the part of Beneficiary to enforce, assert or exercise any right, power of remedy conferred on it in the Agreement; 
 (k)
any duty of Beneficiary to advise Guarantor of the financial condition of the Seller and of all other circumstances bearing upon the risk of nonpayment of amounts owing under the Agreement which diligent inquiry would reveal, as Guarantor assumes
responsibility for being and remaining informed regarding such conditions or any such circumstances; and 
 (l) if other
individuals or entities are added as a “Guarantor” under this Guaranty, each person comprising Guarantor hereby waives, any rights such person has or may have under C.R.S. § 13-50-102 or § 13-50-103 (or under any corresponding
future statute or rule of law in any jurisdiction) by reason of any release of fewer than all of the persons or parties comprising Guarantor. 
 4.
Subrogation. Guarantor shall be subrogated to all rights of the Beneficiary against Seller in respect of any amounts paid by Guarantor pursuant to the Guaranty, provided that Guarantor waives any rights it may acquire by way of subrogation
under this Guaranty, by any payment made hereunder or otherwise (including, without limitation, any statutory rights of subrogation under Section 509 of the Bankruptcy Code 11 U.S.C. § 509, or otherwise), reimbursement, exoneration,
contribution, indemnification, or any right to participate in any claim or remedy of the Beneficiary against Seller or any collateral which the Beneficiary now has or acquires, until all of the Guaranteed Obligations shall have been irrevocably and
indefeasibly paid to the Beneficiary in full. If (a) Guarantor shall perform and shall make payment to the Beneficiary of all or any part of the Guaranteed Obligations, and (b) all the Guaranteed Obligations shall have been indefeasibly
paid in full, the Beneficiary shall, at Guarantor’s request, execute and deliver to Guarantor appropriate documents necessary to evidence the transfer by subrogation to Guarantor of any interest in the Guaranteed Obligations resulting from such
payment of Guarantor. 
 5. Notices. All notices and other communications that are required or may be given pursuant to this Guaranty must be given
in writing, in English and delivered personally, by courier, by telecopy or by registered or certified mail, postage prepaid, as follows: 
 If to the
Beneficiary: 
 Tesoro Logistics LP 

19100 Ridgewood Parkway 
 San
Antonio, TX 78259 
 Attn: Vice President, General Counsel 

  
 - 4 - 

 with a copy (which shall not constitute notice) to: 

McGuireWoods LLP 
 600 Travis
Street, Suite 7500 
 Houston, TX 77002 

Attn: David L. Ronn 
 If to Guarantor:

 1050 17th Street 
 Suite
500 
 Denver, Colorado 80265 

Attn: General Counsel 
 with a
copy (which shall not constitute notice) to: 
 Latham & Watkins LLP 

811 Main Street, 37th Floor 

Houston, Texas 77002 
 Attn:
Michael E. Dillard 
 Each party may change its address for notice by notice to the other parties in the manner set forth above. All notices shall be deemed
to have been duly given at the time of receipt by the party to which such notice is addressed. 
 6. Demand and Payment. Any demand by the
Beneficiary for payment or performance hereunder shall be in writing, reference this Guaranty, reference the Guaranteed Obligations, and be signed by a duly authorized officer of the Beneficiary and delivered to Guarantor pursuant to Section 5
hereof. There are no other requirements of notice, presentment or demand. Guarantor shall pay, or cause to be paid, such Guaranteed Obligations within ten (10) business days of receipt of such demand, unless, within such ten (10) business
day period, the default giving rise to such demand has been remedied. 
 7. No Waiver; Remedies. Except as to applicable statutes of limitation, no
failure on the part of the Beneficiary to exercise, and no delay in exercising, any right hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right hereunder preclude any other or further exercise thereof or
the exercise of any other right. The remedies herein provided are cumulative and not exclusive to any remedies provided by law. 
 8. Term;
Termination. This Guaranty shall be and continue to be in full force and effect from the Effective Date (as defined immediately above the signature lines hereof) until the date the Guaranteed Obligations have been fully and indefeasibly paid.
Such termination shall not release Guarantor from liability for any Guaranteed Obligations arising prior to the effective date of such termination (unless indefeasibly paid in full). If at any time any payment of any of the Guaranteed Obligations is
rescinded or must be otherwise restored or returned upon the insolvency, bankruptcy or reorganization of Seller or otherwise, Guarantor’s obligations hereunder with respect to such payment shall be reinstated at such time as though such payment
had not been made. 
 9. Assignment; Successors and Assigns. Neither party may assign or delegate any of their respective rights or obligations
hereunder without the prior written consent of the other party. Any assignment that does not comply with the terms of this Section 9 shall be deemed null and void and of no force or effect. This Guaranty shall be binding upon and inure to the
benefit of each party hereto and their respective successors and permitted assigns. 

  
 - 5 - 

 10. Amendments, etc. No amendment or other modification of the terms of this Guaranty shall be effective
unless in writing and signed by Guarantor and the Beneficiary and stating that it is expressly intended to give effect to the applicable amendment or modification hereto. No waiver of any provision of this Guaranty nor consent to any departure by
Guarantor therefrom shall in any event be effective unless such waiver shall refer to this Guaranty, be in writing and be signed by the Beneficiary and Guarantor. Any such waiver shall be effective only in the specific instance and for the specific
purpose for which it was given. 
 11. Captions. The captions in this Guaranty have been inserted for convenience only and shall be given no
substantive meaning or significance whatsoever in construing the terms and provisions. 
 12. Representations and Warranties. Guarantor represents and
warrants as follows: 
 (a) Guarantor is duly organized, validly existing and in good standing under the laws of the
jurisdiction of its incorporation and has full corporate power and authority to execute, deliver and perform this Guaranty. 

(b) The execution, delivery and performance of this Guaranty have been and remain duly authorized by all necessary corporate
action and do not contravene (i) Guarantor’s constitutional documents or (ii) any contractual restriction binding on Guarantor or its assets, except to the extent, in the case of clause (ii), such contravention would not have a
Material Adverse Effect (as defined in the Agreement). 
 (c) This Guaranty constitutes the legal, valid and binding
obligation of Guarantor, enforceable against it by the Beneficiary in accordance with its terms, subject, as to enforcement, to bankruptcy, insolvency, reorganization and other laws of general applicability relating to or affecting creditor’s
rights and to general equity principals. 
 All of the representations and warranties of Guarantor contained herein shall survive the execution and delivery
of this Guaranty. 
 13. Judgment Currency. The obligation of Guarantor hereunder to make payments in any currency of payment and account shall not
be discharged or satisfied by any tender or recovery pursuant to any judgment expressed in or converted into any other currency except to the extent to which such tender or recovery shall result in the effective receipt by the Beneficiary of the
full amount of such currency of payment and account so payable and accordingly the obligation of Guarantor shall be enforceable as an alternative or additional cause of action for the purpose of recovery in the other currency of the amount (if any)
by which such effective receipt shall fall short of the full amount of such currency of payment and account so payable and shall not be affected by any judgment being obtained for any other sums due hereunder. 

14. Severability. Wherever possible, each provision of this Guaranty shall be interpreted in such manner as to be effective and valid under applicable
law, but if any provision of this Guaranty shall be prohibited by or invalid under such law, such provision shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining
provisions of this Guaranty. 

  
 - 6 - 

 15. Jurisdiction. THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS RELATED TO THIS GUARANTY SHALL BE
LITIGATED IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLORADO OR ANY COLORADO STATE COURT SITTING IN DENVER, COLORADO, SO LONG AS ONE OF SUCH COURTS SHALL HAVE SUBJECT MATTER JURISDICTION OVER SUCH SUIT, ACTION OR PROCEEDING, AND THAT
ANY CAUSE OF ACTION ARISING OUT OF THIS GUARANTY SHALL BE DEEMED TO HAVE ARISEN FROM A TRANSACTION OF BUSINESS IN THE STATE OF COLORADO, AND EACH OF THE PARTIES HEREBY IRREVOCABLY CONSENTS TO THE EXCLUSIVE JURISDICTION OF SUCH COURTS (AND OF THE
APPROPRIATE APPELLATE COURTS THEREFROM) IN ANY SUCH SUIT, ACTION OR PROCEEDING AND IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF THE VENUE OF ANY SUCH SUIT, ACTION OR
PROCEEDING IN ANY SUCH COURT OR THAT ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN ANY SUCH COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. PROCESS IN ANY SUCH SUIT, ACTION OR PROCEEDING MAY BE SERVED ON ANY PARTY ANYWHERE IN THE WORLD, WHETHER
WITHIN OR WITHOUT THE JURISDICTION OF ANY SUCH COURT. WITHOUT LIMITING THE FOREGOING, EACH PARTY AGREES THAT SERVICE OF PROCESS ON SUCH PARTY AS PROVIDED IN SECTION 5 SHALL BE DEEMED EFFECTIVE SERVICE OF PROCESS ON SUCH PARTY. 

16. Waiver of Jury Trial. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A
TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS GUARANTY OR ANY OTHER DOCUMENT EXECUTED IN CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY
OTHER THEORY). EACH PARTY HERETO (i) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING
WAIVER, (ii) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS GUARANTY AND THE OTHER DOCUMENTS CONTEMPLATED HEREBY BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION, AND
(iii) CERTIFIES THAT THIS WAIVER IS KNOWINGLY, WILLINGLY AND VOLUNTARILY MADE. 
 17. Governing Law. THIS GUARANTY SHALL BE GOVERNED BY,
CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAW OF THE STATE OF COLORADO, WITHOUT REGARD TO ITS CONFLICT OF LAWS RULES. 
 [Signature
page follows immediately] 

  
 - 7 - 

 IN WITNESS WHEREOF, Guarantor has caused this Guaranty to be duly executed and delivered
by its duly authorized officer effective as of this 2nd day of December, 2014 (the “Effective Date”). 
  

			
	 QEP RESOURCES INC.,
 a
Delaware corporation

		
	By:	 	 /s/ Richard J. Doleshek

	Name:	 	Richard J. Doleshek
	Title:	 	Executive Vice President and Chief Financial Officer

 [Signature Page to Guaranty] 

 
			
	 TESORO LOGISTICS LP,
 a
Delaware limited partnership

	
	By: Tesoro Logistics GP, LLC, a Delaware limited liability company and its general partner
		
	      By:	 	 /s/ Phillip M. Anderson

	      Name:	 	Phillip M. Anderson
	      Title:	 	President

  
 [Signature Page to
Guaranty]

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