Document:

EXHIBIT 10.1

 

ALIGN TECHNOLOGY, INC.

 

RESALE RESTRICTION AGREEMENT

 

This RESALE RESTRICTION AGREEMENT (the “Agreement”)
with respect to certain stock options issued under the Align Technology, Inc.
2001 Incentive Plan (the “Plan”) is made by and between Align Technology, Inc.,
a Delaware corporation (the “Company”) and [EXECUTIVE] (the “Executive”).

 

WHEREAS, the Board of Directors decided,
effective October 6, 2005, to accelerate unvested stock options with an
exercise price greater than $7.10 per share (the “Accelerated Options”);

 

WHEREAS, Executive has been granted one or
more options that constitute Accelerated Options (“Executive Accelerated
Options”);

 

WHEREAS, the Company and Executive wish to
impose certain resale restrictions on the shares (the “Shares”) underlying the
Executive Accelerated Options on the terms and conditions contained herein.

 

NOW, THEREFORE, it is agreed as follows:

 

1.               Executive
acknowledges that he or she has reviewed this Agreement in full.

 

2.               Executive agrees to
refrain from selling, transferring, pledging, or otherwise disposing of any Shares
acquired upon the exercise of the Executive Accelerated Options until the date
on which the exercise would have been permitted under such options’
pre-acceleration vesting terms set forth in the applicable options agreement(s)
between Executive and the Company relating to the Executive Accelerated Options
(the “Option Agreements”) or, if earlier, Executive’s last day of employment or
upon a “change of control” as defined in the employment agreement between
Executive and the Company (the “Employment Agreement”) and/or the Plan.

 

3.               Executive
represents and warrants that he or she has full power to enter into this
Agreement.

 

4.               This Agreement, the
Option Agreements, the Plan and the Employment Agreement constitute the entire
agreement of the parties with respect to the subject matter hereof and
supersede in their entirety all prior understandings and agreements of the
Company and Executive with respect to the subject matter hereof, and may not be
modified except by means of a writing signed by the Company and Executive.

 

5.               This Agreement
shall be binding upon the Company and Executive as well as the successors and
assigns (if any) of the Company and Executive.

 

 

IN WITNESS WHEREOF, the parties hereto have
caused this Agreement to be executed and delivered on the date set forth below.

 

	
  October    , 2005

  	
  ALIGN TECHNOLOGY, INC.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  Name:

  
	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
  EXECUTIVE

  
	
   

  	
   

  
	
   

  	
   

  
	
  October    , 2005

  	
   

  
	
   

  	
  [EXECUTIVE]Exhibit 10.1

 

GLOBAL PARTNERS LP

 

OMNIBUS AGREEMENT

 

 

OMNIBUS AGREEMENT

 

This Omnibus Agreement (this “Agreement”)
is entered into on, and effective as of, the Closing Date (as defined herein),
and is by and among the parties listed on the signature pages hereof (each
a “Party”
and collectively the “Parties”).

 

RECITALS:

 

1.             The
Parties desire by their execution of this Agreement to evidence their
agreement, as more fully set forth in Article II, with respect to those
business opportunities in which the Slifka Persons (as defined herein) will not
engage unless the Partnership has declined to engage in any such business
opportunity for its own account.

 

2.             The
Parties desire by their execution of this Agreement to evidence their
agreement, as more fully set forth in Article III, with respect to certain
indemnification obligations of the Parties to each other.

 

In consideration of the premises and the
covenants, conditions and agreements contained herein, and for other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties hereto hereby agree as follows:

 

ARTICLE I

DEFINITIONS

 

Section 1.1             Definitions.  As used in this Agreement, the following
terms shall have the respective meanings set forth below:

 

“Affiliate” is defined in the
Partnership Agreement.

 

“Agreement” is defined in the
introduction.

 

“Annual Deductible” is defined in Section 3.2.

 

“Assets” means all assets conveyed, contributed or
otherwise Transferred by the Slifkas and Affiliates thereof to the Partnership
Group prior to or on the Closing Date, including any such assets held by a
Person whose ownership interests are Transferred by the Slifkas and Affiliates
thereof to the Partnership Group prior to or on the Closing Date by means of
operation of law or otherwise.

 

“Chelsea” means Chelsea Terminal Limited
Partnership, a Massachusetts limited partnership.

 

“Closing Date”
means the date of the closing of the Partnership’s initial public offering of
Common Units.

 

“Code”
means
Internal Revenue Code of 1986, as amended.

 

 

“Common Units” is defined in the Partnership
Agreement.

 

“Conflicts Committee” is defined in the
Partnership Agreement.

 

“Contribution
Agreement” means that certain Contribution, Conveyance and
Assumption Agreement, dated as of the Closing Date, among GPC, Montello,
Chelsea, Sandwich, the General Partner, the Partnership, the OLLC and certain
other parties, together with the additional conveyance documents and
instruments contemplated or referenced thereunder.

 

“control”
means the possession, directly or indirectly, of the power to direct or cause
the direction of the management and policies of a Person, whether through
ownership of Voting Securities, by contract, or otherwise.

 

“Covered
Environmental Losses” is defined in Section 3.1.

 

“Environmental Laws” means all federal, state, and local laws,
statutes, rules, regulations, orders and ordinances, legally enforceable
requirements and rules of common law, now or hereafter in effect, relating
to protection of the environment including, without limitation, the federal
Comprehensive Environmental Response, Compensation, and Liability Act, the
Superfund Amendments Reauthorization Act, the Resource Conservation and
Recovery Act, the Clean Air Act, the Federal Water Pollution Control Act, the
Toxic Substances Control Act, the Oil Pollution Act, the Safe Drinking Water
Act, the Hazardous Materials Transportation Act and other environmental
conservation and protection laws, each as amended from time to time.

 

“General Partner”
means Global GP LLC, a Delaware limited liability company.

 

“GPC” means Global Petroleum Corp., a
Massachusetts corporation.

 

“GPC Entities”
means GPC, Montello, Revco Dock, Revco Terminal, South Terminal, Chelsea and
Sandwich.

 

“Hazardous
Substance” means (a) any substance that is designated,
defined or classified as a hazardous waste, hazardous material, pollutant,
contaminant or toxic or hazardous substance, or that is otherwise regulated
under any Environmental Law, including, without limitation, any hazardous substance
as such term is defined under the Comprehensive Environmental Response,
Compensation, and Liability Act, as amended, and (b) petroleum, petroleum
products, crude oil, gasoline, natural gas, fuel oil, motor oil, waste oil,
diesel fuel, jet fuel and other petroleum hydrocarbons whether refined or
unrefined and (c) asbestos, whether in a friable or a non-friable
condition, and polychlorinated biphenyls.

 

“Indemnified Party”
means either the Partnership Group or GPC Entities and the General Partner, as
the case may be, each in its capacity as a party entitled to indemnification in
accordance with Article III.

 

“Indemnifying Party”
means either the Partnership Group or GPC Entities and the General Partner, as
the case may be, each in its capacity as a party from whom indemnification may
be required in accordance with Article III.

 

2

 

“Limited Partner”
is defined in the Partnership Agreement.

 

“Montello” means Montello Oil
Corporation, a New Jersey corporation.

 

“MTBE Litigation”
means Town of Duxbury, et al v. Amerada Hess
Corp., et al., filed on September 30, 2003 and City of Lowell v. Amerada Hess Corp., et al.,
filed on December 30, 2004.

 

“OLLC” means Global Operating LLC, a
Delaware limited liability company.

 

“Other Losses” is defined in Section 3.3(a).

 

“Partnership” means Global Partners LP,
a Delaware limited partnership.

 

“Partnership
Agreement” means the First Amended and Restated Agreement of
Limited Partnership of the Partnership, dated as of the Closing Date, as such
agreement is in effect on the Closing Date, to which reference is hereby made
for all purposes of this Agreement.  No
amendment or modification to the Partnership Agreement subsequent to the Closing
Date shall be given effect for the purposes of this Agreement unless consented
to by each of the Parties to this Agreement.

 

“Partnership
Entities” means the General Partner and each member of the
Partnership Group.

 

“Partnership Entity”
means any of the Partnership Entities.

 

“Partnership Group”
means the Partnership, the OLLC and any Subsidiary of any such Person, treated
as a single consolidated entity.

 

“Partnership Group
Member” means
any member of the Partnership Group.

 

“Party”
and “Parties”
are defined in the introduction to this Agreement.

 

“Person”
means an individual or a corporation, limited liability company, partnership,
joint venture, trust, unincorporated organization, association, government
agency or political subdivision thereof or other entity.

 

“Retained Assets”
means the assets and investments owned by the Slifkas and any of their
Affiliates that were not conveyed, contributed or otherwise Transferred to the
Partnership Group pursuant to the Contribution Agreement and other documents
relating to the transactions referred to in the Contribution Agreement,
including, without limitation, the
replacements and natural extensions thereof.

 

“Revco Dock” means Global Revco Dock,
L.L.C., a Massachusetts limited liability company.

 

“Revco Terminal” means Global Revco
Terminal, L.L.C., a Massachusetts limited liability company.

 

3

 

“Sandwich” is defined in the
introduction to this Agreement.

 

“Slifka” means any of the Slifkas.

 

“Slifka Person” means any of the Slifka Persons.

 

“Slifka Persons”
means the Slifkas and any Person controlled thereby individually or in the
aggregate, directly or indirectly, other than the Partnership Entities.

 

“Slifka Restricted
Businesses” is
defined in Section 2.1.

 

“Slifkas” means Alfred A. Slika, Richard
Slifka and Eric Slifka.

 

“Slifka Subject Assets” is
defined in Section 2.2(c).

 

“South Terminal” means Global South
Terminal, L.L.C., a Massachusetts limited liability company.

 

“Subsidiary”
means, with respect to any Person, (a) a corporation of which more than
50% of the voting power of shares entitled (without regard to the occurrence of
any contingency) to vote in the election of directors or other governing body
of such corporation is owned, directly or indirectly, at the date of
determination, by such Person, by one or more Subsidiaries of such Person or a
combination thereof, (b) a partnership (whether general or limited) in
which such Person or a Subsidiary of such Person is, at the date of
determination, a general or limited partner of such partnership, but only if
more than 50% of the partnership interests of such partnership (considering all
of the partnership interests of the partnership as a single class) is owned,
directly or indirectly, at the date of determination, by such Person, by one or
more Subsidiaries of such Person, or a combination thereof, or (c) any
other Person (other than a corporation or a partnership) in which such Person,
one or more Subsidiaries of such Person, or a combination thereof, directly or
indirectly, at the date of determination, has (i) at least a majority
ownership interest or (ii) the power to elect or direct the election of a
majority of the directors or other governing body of such Person.

 

“Toxic Tort”
means a claim or cause of action arising from personal injury or property
damage incurred by the plaintiff that is alleged to have been caused by
exposure to, or contamination by, Hazardous Substances that have been released
into the environment by or as a result of the actions or omissions of the
defendant.

 

“Transfer”
including the correlative terms “Transferring” or “Transferred” means any
direct or indirect transfer, assignment, sale, gift, pledge, hypothecation or
other encumbrance, or any other disposition (whether voluntary, involuntary or
by operation of law) of the Assets, any assets, property or rights.

 

“Voluntary Cleanup
Program” means a program of the United States or a state of the
United States enacted pursuant to Environmental Laws which provides for a
mechanism for the written approval of, or authorization to conduct, voluntary
remedial action for the clean-up, removal or remediation of contamination that
exceeds actionable levels established pursuant to Environmental Laws.

 

4

 

“Voting Securities”
means securities of any class of a Person entitling the holders thereof to vote
on a regular basis in the election of members of the board of directors or
other governing body of such Person.

 

ARTICLE II

SLIFKA
BUSINESS OPPORTUNITIES

 

Section 2.1             Slifka Restricted Businesses.  Except as permitted by Section 2.2, (a) Alfred
A. Slifka, Richard Slifka and each of their Affiliates, other than the
Partnership Entities, for so long as Slifka Persons, individually or in the
aggregate, control the Partnership Group and (b) Eric Slifka and his
Affiliates, other than the Partnership Entities, until December 31, 2010,
unless this obligation is terminated earlier pursuant to the terms of the
employment agreement between Eric Slifka and the General Partner, shall be
prohibited from engaging in or acquiring or investing in any business having
assets engaged in the following businesses (the “Slifka Restricted Businesses”):
 (x) wholesale marketing, sale,
distribution and transportation (other than transportation by
truck) of refined petroleum
products in the United States, provided such activity generates “qualifying
income” as defined in Section 7704 of the Code; (y) the storage of refined
petroleum products in connection with any of the activities described in (x);
and (z) bunkering.

 

Section 2.2             Slifka Permitted
Exceptions. 
Notwithstanding any provision of Section 2.1 to the contrary, the
Slifka Persons may engage in the following activities under the following
circumstances:

 

(a)           the
ownership and/or operation of any of the Retained Assets (including
replacements and natural extensions thereof);

 

(b)           the
ownership, individually or collectively, of up to 9.9% of a publicly traded
entity that competes with the Partnership Group so long as none of the Slifkas
serves on the board of directors of such entity;

 

(c)           the
acquisition of or the investment in any Slifka Restricted Business after the
date of this Agreement (the “Slifka
Subject Assets”) for up to $5 million in the aggregate in any 12-month
period beginning on the Closing Date; and

 

(d)           the
acquisition of or the investment in any Slifka Subject Assets in an amount
greater than that permitted by Section 2.2(c); provided the Partnership
has been offered the opportunity to acquire such Slifka Subject Assets in
accordance with Section 2.3 and the Partnership (with the concurrence of
the Conflicts Committee) has elected not to purchase the Slifka Subject Assets.

 

Section 2.3             Procedures.  In the event that any Slifka Person becomes
aware of an opportunity to acquire or invest in Slifka Subject Assets as
described in Section 2.2(d), then as soon as practicable, such Slifka
Person shall notify the General Partner of such opportunity and deliver to the
General Partner all information prepared by or on behalf of such Slifka Person
relating to such potential transaction. 
As soon as practicable but in any event within 30 days after receipt of
such notification and information, the General Partner, on behalf of the
Partnership, shall notify such Slifka Person that either (a) the General
Partner, on behalf of the 

 

5

 

Partnership, has elected, with the concurrence of the
Conflicts Committee, not to cause a member of the Partnership Group to pursue
the opportunity to acquire or invest in the Slifka Subject Assets, or (b) the
General Partner, on behalf of the Partnership, has elected (with the
concurrence of the Conflicts Committee) to cause a member of the Partnership
Group to pursue the opportunity to acquire or invest in the Slifka Subject
Assets.  If, at any time, the General
Partner abandons such opportunity with the approval of the Conflicts Committee
(as evidenced in writing by the General Partner following the request of such
Slifka Person), such Slifka Person may pursue such opportunity.  Any Slifka Subject Assets that are permitted
to be acquired or invested in by a Slifka Person must be so acquired or
invested in (a) within 12 months of the later to occur of (i) the
date that such Slifka Person becomes able to pursue such opportunity in
accordance with the provisions of this Section 2.3, and (ii) the date
upon which all required governmental approvals to consummate such acquisition
or investment have been obtained, and (b) on terms not materially more
favorable to such Slifka Person than were offered to the Partnership.  If either of these conditions is not
satisfied, the opportunity must be reoffered to the Partnership in accordance
with this Section 2.3.

 

Section 2.4             Scope of Prohibition.  Except as provided in this Article II
and the Partnership Agreement, each Slifka Person shall be free to engage in
any business activity, including those that may be in direct competition with
any Partnership Group Member.

 

Section 2.5             Enforcement.

 

(a)           The
Slifka Persons agree and acknowledge that the Partnership Group does not have
an adequate remedy at law for the breach by the Slifka Persons of the covenants
and agreements set forth in this Article II, and that any breach by the
Slifka Persons of the covenants and agreements set forth in this Article II
would result in irreparable injury to the Partnership Group.  The Slifka Persons further agree and
acknowledge that any Partnership Group Member may, in addition to the other
remedies which may be available to the Partnership Group, file a suit in equity
to enjoin the Slifka Persons from such breach, and consent to the issuance of
injunctive relief under this Agreement. 
No Slifka or any Person, directly or indirectly, controlled thereby
shall be liable for the failure of any other Slifka or any Person, directly or
indirectly, controlled thereby to comply with this Article II.

 

(b)           If
any court determines that any provision of this Article II is invalid or
unenforceable, the remainder of such provisions shall not thereby be affected
and shall be given full effect without regard to the invalid provision. If any
court construes any provision of this Article II, or any part thereof, to
be unreasonable because of the duration of such provision or the geographic
scope thereof, such court shall have the power to reduce the duration or
restrict the geographic scope of such provision and to enforce such provision
as so reduced or restricted.

 

6

 

ARTICLE III

INDEMNIFICATION

 

Section 3.1             Environmental
Indemnification.

 

(a)           Subject
to Section 3.2, the GPC Entities and the General Partner shall indemnify,
defend and hold harmless the Partnership Group from and against environmental
and Toxic Tort losses, damages (including, without limitation, real property
damages and natural resource damages), injuries (including, without limitation,
personal injury and death), liabilities, claims, demands, breaches of
contracts, causes of action, judgments, settlements, fines, penalties, costs
and expenses (including, without limitation, court costs and reasonable
attorney’s and expert’s fees) of any and every kind or character, known or
unknown, fixed or contingent, suffered or incurred by the Partnership Group by
reason of or arising out of:

 

(i)            any
violation or correction of any violation of Environmental Laws associated with
the ownership or operation of the Assets;

 

(ii)           any
event or condition associated with ownership or operation of the Assets
(including, without limitation, the presence of Hazardous Substances on, under,
about or migrating to or from the Assets or the disposal or release of
Hazardous Substances generated by operation of the Assets at non-Asset
locations) including, without limitation, (A) the cost and expense of any
investigation, assessment, evaluation, monitoring, containment, cleanup,
repair, restoration, remediation, or other corrective action required or
necessary under Environmental Laws or to satisfy any applicable Voluntary
Cleanup Program, (B) the cost or expense of the preparation and
implementation of any closure, remedial, corrective action or other plans
required or necessary under Environmental Laws or to satisfy any applicable
Voluntary Cleanup Program and (C) the cost and expense for any
environmental or Toxic Tort pre-trial, trial, or appellate legal or litigation
support work; or

 

(iii)          the
MTBE Litigation;

 

but only to the extent that such violation
complained of under Section 3.1(a)(i) or such events or conditions
included under Section 3.1(a)(ii) occurred before the Closing Date
(collectively, “Covered
Environmental Losses”).

 

(b)           Except
for the environmental indemnification obligation for the MTBE Litigation, and
except for claims for Covered Environmental Losses made before the fifth
anniversary of the Closing Date, which shall not terminate, all environmental
indemnification obligations in this Section 3.1 shall terminate on the
fifth anniversary of the Closing Date.

 

7

 

Section 3.2             Limitations Regarding
Environmental Indemnification. 
The aggregate liability of the GPC Entities and the General Partner in
respect of all Covered Environmental Losses under Section 3.1 shall not
exceed $7.5
million and the GPC Entities and the General Partner shall not have any
obligation under Section 3.1 until such Covered Environmental Losses for
any 12-month period, beginning on the Closing Date, exceed $400,000 (the “Annual Deductible”) and then only to the extent such aggregate
Covered Environmental Losses exceed $400,000.  Any unused portion of the Annual Deductible in
a 12-month period, including unused portions carried over from prior periods,
shall be carried over to the next 12-month period.  After the fifth anniversary of the Closing
Date, the Annual Deductible shall be reduced to $150,000, but in all events,
any unused portions carried over from prior periods shall thereafter be made
available to the GPC Entities and the General Partner.  Notwithstanding anything herein to the
contrary, in no event shall the GPC Entities and the General Partner have any
indemnification obligations under Section 3.1 for claims made as a result
of additions to or modifications of Environmental Laws promulgated after the
Closing Date.

 

Section 3.3             Additional Indemnification.

 

(a)           In
addition to and not in limitation of the indemnification provided under Section 3.1,
the GPC Entities and the General Partner shall indemnify, defend and hold
harmless the Partnership Group from and against any losses, damages (including,
without limitation, real property damages and natural resource damages),
injuries (including, without limitation, personal injury and death),
liabilities, claims, demands, breaches of contracts, causes of action,
judgments, settlements, fines, penalties, costs and expenses (including,
without limitation, court costs and reasonable attorney’s and expert’s fees) of
any and every kind or character, known or unknown, fixed or contingent,
suffered or incurred by the Partnership Group (“Other Losses”) by reason of or arising out of (i) failure
to convey good and marketable title to the Assets to one or more members of the
Partnership Group subject only to encumbrances that do not materially adversely
affect the value of the Assets or the ability of the Partnership Group to
operate the Assets in substantially the same manner as they were operated
immediately prior to the Closing, (ii) events and conditions associated
with the Retained Assets whether occurring before or after the Closing Date and
(iii) all federal, state and local income tax liabilities attributable to
the operation of the Assets prior to the Closing Date, including any such
income tax liabilities of the Slifka Persons that may result from the
consummation of the formation transactions for the Partnership Entities;
provided that the Partnership Group shall not be entitled to the indemnity in Section 3.3(a)(ii) for
Other Losses to the extent caused by gross negligence, bad faith or fraud or
willful misconduct of any member of the Partnership Group.

 

(b)           In
addition to and not in limitation of the indemnification provided under the
Partnership Agreement, the Partnership Group shall indemnify, defend and hold
harmless the GPC Entities and the General Partner from and against any losses,
damages (including, without limitation, real property damages and natural
resource damages), injuries (including, without limitation, personal injury and
death), liabilities, claims, demands, breaches of contracts, causes of action,
judgments, settlements, fines, penalties, costs and expenses (including,
without limitation, court costs and reasonable attorney’s and expert’s fees) of
any and every kind or character, known or unknown, fixed or contingent,
suffered or incurred by the GPC Entities and the General Partner by reason of
or arising out of events and conditions associated with the operation of the
Assets and occurring on or after the Closing Date unless such indemnification 

 

8

 

would
not be permitted under the Partnership Agreement by reason of one of the
provisos contained in Section 7.7(a) of
the Partnership Agreement

 

Section 3.4             Indemnification Procedures.

 

(a)           The
Indemnified Party agrees that promptly after it becomes aware of facts giving
rise to a claim for indemnification under this Article III, it will
provide notice thereof in writing to the Indemnifying Party, specifying the
nature of and specific basis for such claim.

 

(b)           The
Indemnifying Party shall have the right to control all aspects of the defense
of (and any counterclaims with respect to) any claims brought against the Indemnified
Party that are covered by the indemnification under this Article III,
including, without limitation, the selection of counsel, determination of
whether to appeal any decision of any court and the settling of any such matter
or any issues relating thereto; provided, however,
that no such settlement shall be entered into without the consent of the
Indemnified Party (with the concurrence of the Conflicts Committee in the case
of the Partnership Group) unless it includes a full release of the Indemnified
Party from such matter or issues, as the case may be, and does not include the
admission of fault, culpability or a failure to act, by or on behalf of such
Indemnified Party.

 

(c)           The
Indemnified Party agrees to cooperate fully with the Indemnifying Party, with respect to all aspects of the defense
of any claims covered by the indemnification under this Article III,
including, without limitation, the prompt furnishing to the Indemnifying Party of any correspondence or other notice
relating thereto that the Indemnified Party may receive, permitting the name of
the Indemnified Party to be utilized in connection with such defense, the
making available to the Indemnifying
Party of any files, records or other information of the Indemnified
Party that the Indemnifying Party
considers relevant to such defense and the making available to the Indemnifying Party, at no cost to the
Indemnifying Party, of any employees of the Indemnified Party; provided, however, that in connection therewith the Indemnifying Party agrees to use
reasonable efforts to minimize the impact thereof on the operations of the
Indemnified Party and further agrees to endeavor to maintain the
confidentiality of all files, records and other information furnished by the
Indemnified Party pursuant to this Section 3.4.  In no event shall the obligation of the
Indemnified Party to cooperate with the
Indemnifying Party as set forth in the immediately preceding sentence be
construed as imposing upon the Indemnified Party an obligation to hire and pay
for counsel in connection with the defense of any claims covered by the
indemnification set forth in this Article III; provided,
however, that the Indemnified Party may, at its own option, cost and
expense, hire and pay for counsel in connection with any such defense.  The
Indemnifying Party agrees to keep any such counsel hired by the
Indemnified Party informed as to the status of any such defense, but the Indemnifying Party shall have the
right to retain sole control over such defense.

 

(d)           In
determining the amount of any loss, cost, damage or expense for which the
Indemnified Party is entitled to indemnification under this Agreement, the
gross amount of the indemnification will be reduced by (i) any insurance
proceeds realized by the Indemnified Party and (ii) all amounts recovered
by the Indemnified Party under contractual indemnities from third Persons.

 

9

 

(e)           The
date on which the Indemnifying Party receives notification of a claim for
indemnification shall determine whether such claim is timely made.

 

ARTICLE IV

MISCELLANEOUS

 

Section 4.1             Choice of Law; Submission
to Jurisdiction.  This
Agreement shall be subject to and governed by the laws of the Commonwealth of Massachusetts, excluding any conflicts-of-law rule or principle that
might refer the construction or interpretation of this Agreement to the laws of
another state.  Each Party hereby submits
to the jurisdiction of the state and federal courts in the Commonwealth of Massachusetts
and to venue in Boston, Massachusetts.

 

Section 4.2             Notice. 
All notices or other communications required or permitted under, or
otherwise in connection with, this Agreement must be in writing and must be
given by depositing same in the U.S. mail, addressed to the Person to be
notified, postpaid and registered or certified with return receipt requested or
by transmitting by national overnight courier or by delivering such notice in
person or by facsimile to such Party. 
Notice given by mail, national overnight courier or personal delivery
shall be effective upon actual receipt. 
Notice given by facsimile shall be effective upon confirmation of
receipt when transmitted by facsimile if transmitted during the recipient’s
normal business hours or at the beginning of the recipient’s next business day
after receipt if not transmitted during the recipient’s normal business
hours.  All notices to be sent to a Party
pursuant to this Agreement shall be sent to or made at the address, in each
case as follows:

 

if to the Slifka Persons:

 

Global
Petroleum Corp.

P.O. Box 9161

800 South Street

Waltham, Massachusetts 02454

Attention:  Alfred A. Slifka

Fax:  (781) 398-4165

 

with copies to:

 

Global
Petroleum Corp.

P.O. Box 9161

800 South Street

Waltham, Massachusetts 02454

Attention:  Richard Slifka

Fax:  (781) 398-4165

 

10

 

Global
Petroleum Corp.

P.O. Box 9161

800 South Street

Waltham, Massachusetts 02454

Attention:  General Counsel

Fax:  (781) 398-4165

 

if to the Partnership Entities:

 

Global
Partners LP

P.O. Box 9161

800 South Street

Suite 200

Waltham, Massachusetts 02454

Attention:  Edward J. Faneuil

Fax:  (781) 398-4165

 

Section 4.3             Entire Agreement.  This Agreement constitutes the entire
agreement of the Parties relating to the matters contained herein, superseding
all prior contracts or agreements, whether oral or written, relating to the
matters contained herein.

 

Section 4.4             Amendment or Modification.  This Agreement may be amended or modified
from time to time only by the written agreement of all the Parties hereto;
provided, however, that the Partnership may not, without the prior approval of
the Conflicts Committee, agree to any amendment or modification of this
Agreement that the General Partner determines will adversely affect the holders
of Common Units.  Each such instrument
shall be reduced to writing and shall be designated on its face an “Amendment”
or an “Addendum” to this Agreement.

 

Section 4.5             Assignment.  No Party shall have the right to assign any
of its rights or obligations under this Agreement without the consent of the
other Parties hereto.

 

Section 4.6             Counterparts.  This Agreement may be executed in any number
of counterparts with the same effect as if all signatory parties had signed the
same document.  All counterparts shall be
construed together and shall constitute one and the same instrument.

 

Section 4.7             Severability.  If any provision of this Agreement shall be
held invalid or unenforceable by a court or regulatory body of competent
jurisdiction, the remainder of this Agreement shall remain in full force and
effect.

 

Section 4.8             Further Assurances.  In connection with this Agreement and all
transactions contemplated by this Agreement, each signatory party hereto agrees
to execute and deliver such additional documents and instruments and to perform
such additional acts as may be necessary or appropriate to effectuate, carry
out and perform all of the terms, provisions and conditions of this Agreement
and all such transactions.

 

Section 4.9             Rights of Limited Partners.  The provisions of this Agreement are
enforceable solely by the Parties to this Agreement, and no Limited Partner of
the Partnership 

 

11

 

shall have the right, separate and apart from the
Partnership, to enforce any provision of this Agreement or to compel any Party
to this Agreement to comply with the terms of this Agreement.

 

 

[THE REMAINDER OF THIS PAGE IS
INTENTIONALLY LEFT BLANK]

 

12

 

IN WITNESS WHEREOF, the Parties, other than the
Slifkas, have executed this Agreement on, and effective as of, the Closing
Date.

 

	
   

  	
  GLOBAL
  PETROLEUM CORP.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Edward
  J. Faneuil

  
	
   

  	
   

  	
  Edward J.
  Faneuil

  
	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
  MONTELLO
  OIL CORPORATION

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Edward
  J. Faneuil

  
	
   

  	
   

  	
  Edward J.
  Faneuil

  
	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  GLOBAL REVCO DOCK, L.L.C.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Global Petroleum Corp.,

  
	
   

  	
   

  	
  its Sole Member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Edward
  J. Faneuil

  
	
   

  	
   

  	
   

  	
  Edward J. Faneuil

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  GLOBAL REVCO TERMINAL, L.L.C.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Global Petroleum Corp.,

  
	
   

  	
   

  	
  its Sole Member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Edward
  J. Faneuil

  
	
   

  	
   

  	
   

  	
  Edward J. Faneuil

  
	
   

  	
   

  	
   

  	
  Secretary

  

 

 

	
   

  	
  GLOBAL SOUTH TERMINAL, L.L.C.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Global Petroleum Corp.,

  
	
   

  	
   

  	
  its Sole Member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Edward
  J. Faneuil

  
	
   

  	
   

  	
   

  	
  Edward J. Faneuil

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  SANDWICH TERMINAL, L.L.C.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Global Petroleum Corp.,

  
	
   

  	
   

  	
  its Sole Member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Edward
  J. Faneuil

  
	
   

  	
   

  	
   

  	
  Edward J. Faneuil

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
  CHELSEA TERMINAL

  
	
   

  	
     LIMITED PARTNERSHIP

  
	
   

  	
   

  	
   

  
	
   

  	
  By

  	
  Chelsea
  Terminal Corp.,

  
	
   

  	
   

  	
  its General
  Partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Edward
  J. Faneuil

  
	
   

  	
   

  	
   

  	
  Edward J. Faneuil

  
	
   

  	
   

  	
   

  	
  Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  GLOBAL
  GP LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Edward
  J. Faneuil/s/ Edward J. Faneuil

  
	
   

  	
   

  	
  Edward J. Faneuil

  
	
   

  	
   

  	
  Executive Vice President

  
	
   

  	
   

  	
  General Counsel and Secretary

  
						

 

 

	
   

  	
  GLOBAL
  PARTNERS LP

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  GLOBAL GP
  LLC,

  
	
   

  	
   

  	
  its General
  Partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  /s/ Edward
  J. Faneuil

  
	
   

  	
   

  	
   

  	
  Edward J.
  Faneuil

  
	
   

  	
   

  	
   

  	
  Executive
  Vice President,

  
	
   

  	
   

  	
   

  	
  General
  Counsel and Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
  GLOBAL
  OPERATING LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Edward
  J. Faneuil

  
	
   

  	
   

  	
   Edward J. Faneuil

  
	
   

  	
   

  	
   Executive Vice President and Secretary

  
					

 

 

IN WITNESS WHEREOF, the Slifkas have
executed this Agreement, with respect to the matters herein excepting Article III,
on, and effective as of, the Closing Date.

 

	
   

  	
  ALFRED
  A. SLIFKA

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  /s/ Alfred
  A. Slifka

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  RICHARD
  SLIFKA

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  /s/ Richard
  Slifka

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  ERIC
  SLIFKA

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  /s/ Eric
  Slifka

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}]]