Document:

TQNT-EX 10.3_2014.Q3

Change of Control Policy for Steven J. Buhaly
Amended and Restated as of May 13, 2014

1.    Purpose

TriQuint Semiconductor, Inc. (the Company) considers the establishment and maintenance of a sound and vital management to be essential to protecting and enhancing the best interests of the Company and its shareholders.  To this end, the Company recognizes that, as is the case with many publicly held corporations, the possibility of a Change of Control may exist and that such possibility, and the uncertainty and questions that it may raise among management, may result in the departure or distraction of management personnel to the detriment of the Company and its shareholders. Accordingly, the Board of Directors of the Company (the Board) has determined that appropriate steps should be taken to reinforce and encourage the continued attention and dedication of members of the Company’s management to their assigned duties without distraction in circumstances arising from the possibility of a Change of Control of the Company.  This policy sets forth the benefits that will be made available if the eligible officers are terminated in connection with a Change of Control.

2.    Eligibility

Steven J. Buhaly (Employee) is eligible for the payments and benefits described under this policy.

3.    Definitions

For the purpose of this policy, the following definitions apply:

“Base Salary” means regular cash compensation paid on a periodic basis exclusive of benefits, bonuses or incentive payments.

“Change of Control” means the Company is a party to a transaction in which it is sold to, merged, consolidated, reorganized into or with, or its assets are transferred or sold to another entity, after which the holders of voting securities of the Company immediately prior to such transaction, including voting securities issuable upon exercise or conversion of vested options, warrants or other securities or rights, hold (directly or indirectly) less than a majority of the combined voting power of the then-outstanding securities of the surviving entity; provided that such transaction also constitutes a change in the ownership or effective control of the Company or a change in the ownership of a substantial portion of the assets of the Company pursuant to Section 409A(a)(2)(A)(v) of the Internal Revenue Code of 1986, as amended (the Code) and the Treasury Regulations promulgated thereunder.  Notwithstanding anything to the contrary in this policy, the RFMD Transaction will constitute a Change of Control under this policy, in the event the RFMD Transaction is consummated. 

“Change of Control Effective Date” means the effective date of the Change of Control.

“Change of Control Window” means the period beginning ninety (90) days prior to (or, in the case of the RFMD Transaction, April 1, 2014), and ending twenty-four (24) months after the effective date of any Change of Control.

“Release Effective Date” means the date that the Release described in Section 5 below becomes effective and irrevocable.

“RFMD Transaction” means the transactions contemplated under that certain Agreement and Plan of Merger and Reorganization dated February 22, 2014 by and among the Company, RF Micro Devices, Inc., a North Carolina corporation, and Rocky Holding, Inc., a Delaware corporation.

4.    Effect of Termination During Change of Control Window

If a Change of Control occurs while this policy is in effect and Employee’s employment is terminated during a Change of Control Window, then Employee will be entitled to the payments and benefits described in Sections 4(a) 

through 4(c) below (collectively, the Change of Control Benefits), provided Employee signs and does not revoke the Release in accordance with Section 5 below and complies with Employee’s obligations to the Company under this policy and any other confidentiality, assignment of rights, non-competition, or non-solicitation agreements between the Company and Employee.  Change of Control Benefits will cease and the Company shall have no further payment obligations to Employee if he breaches any applicable confidentiality, non-compete, and non-solicitation obligations to the Company.

(a)    Cash Severance

(i)    Continuation of Base Salary.  Employee will be eligible to receive the continued payment of Employee’s Base Salary for twelve (12) months.  Any such payments shall be paid on the same payroll schedule per the Company’s standard payroll practice, with the first payment being made on the first payroll date immediately following the later of (A) the Change of Control Effective Date and (B) the Release Effective Date and such first payment to include any installments that otherwise would have been paid during the period commencing on the date of Employee’s termination and ending on the later of the Change of Control Effective Date and the Release Effective Date; provided that if the maximum period during which Employee can consider and revoke the Release begins in one calendar year and ends in the subsequent calendar year, the first payment under this Section 4(a)(i) will be made on the first regularly scheduled pay day following the later of (A) the Release Effective Date, and (B) the first day of the subsequent calendar year.

(ii)    Additional Cash Severance Payment.  Employee will be eligible to receive a payment equivalent to Employee’s target bonus for the previous twelve (12) months, payable in 26 equal installments.  Any such payments shall be paid on the same payroll schedule per the Company’s standard payroll practice, with the first payment being made on the first payroll date immediately following the later of (A) the Change of Control Effective Date and (B) the Release Effective Date and such first payment to include any installments that otherwise would have been paid during the period commencing on the date of Employee’s termination and ending on the later of the Change of Control Effective Date and the Release Effective Date; provided that if the maximum period during which Employee can consider and revoke the Release begins in one calendar year and ends in the subsequent calendar year, the first payment under this Section 4(a)(ii) will be made on the first regularly scheduled pay day following the later of (A) the Release Effective Date and (B) the first day of the subsequent calendar year.

(b)    COBRA

To the extent Employee and Employee’s spouse and dependent children properly (and timely) elect COBRA continuation coverage under the Company’s group health plans, the Company will pay the premiums (or reimburse Employee for any premiums paid by Employee (or Employee’s spouse or eligible children)) for such coverage for a period beginning on Employee’s termination date and ending on the earliest to occur of (i) the date on which Employee is no longer entitled to COBRA continuation coverage under the Company’s group health plans, (ii) the date on which Employee becomes covered under another employer's group health plan, and (iii) the twelve (12) month anniversary of Employee’s termination date; provided, however, that notwithstanding the foregoing or any other provision in this policy to the contrary, the Company may unilaterally amend this Section 4(b) or eliminate the benefit provided hereunder to the extent it deems necessary to avoid the imposition of excise taxes, penalties or similar charges on the Company or any of its subsidiaries or affiliates, including, without limitation, under Section 4980D of the Code.  Any reimbursement to which Employee becomes entitled pursuant this Section 4(b) will be paid to Employee no later than the last day of the calendar month immediately following the calendar month to which it relates (provided, however, that the first such reimbursement shall be made on the same date as the first payment set forth in Section 4(a)(i) is made and will include all such reimbursements as may relate to periods prior to such date).

(c)    Acceleration of Option Shares; Post-Termination Option Exercise Period   

Employee will be eligible to receive 100% vesting acceleration of Employee’s unvested Option shares underlying Employee’s stock options that are outstanding immediately prior to the Change of Control, and Employee may exercise any such vested options until the earlier to occur of (i) the twelve month (12-month) anniversary of the date Employee’s employment terminated and (ii) the original expiration date applicable to the vested option.  For the avoidance of doubt, if and to the extent the successor company assumes, substitutes for or replaces Employee’s stock options that are outstanding immediately prior to the Change of Control, the definition of “Retirement” and the post-termination exercise period that applies in the event of Employee’s Retirement shall continue with respect to such stock options after the Change of Control.

5.    Release

Notwithstanding anything to the contrary in this policy, the Change of Control Benefits are conditioned upon Employee timely executing and not revoking a general release and waiver of claims in a form satisfactory to the Company (the Release).  To be timely, the Release must become effective and irrevocable no later than sixty (60) days following the date of termination (the Release Deadline).  If the Release does not become effective and irrevocable by the Release Deadline, Employee will not have any right or entitlement to the Change of Control Benefits. 

6.    Non-solicitation/Non-competition

To receive Change of Control Benefits, Employee must comply with the following post-termination restrictions on employment:

(a)    Non-solicitation.  For one year after Employee’s employment with the Company terminates, regardless of the reason for termination, he will not (a) directly or indirectly solicit competing business from any person or entity which then is or was a Company customer, client or prospect during the twelve (12) months prior to termination, (b) induce any such person or entity to cease or reduce their business relationship with Company; (c) induce any person to leave the employment of Company; or (d) directly or indirectly hire or use the services of any Company employee unless Employee obtains the Company’s written consent.  Employee will not aid any others in doing anything he is prohibited from doing himself under this paragraph, whether as an employee, officer, director, shareholder, partner, consultant or otherwise.  For purposes of this paragraph, the term “solicit” includes (i) responding to requests for proposals and invitations for bids, (ii) initiating contacts with customers, clients, or prospects of the Company for the purpose of advising them that Employee no longer is employed by the Company and is available for work that is competitive with the services offered by the Company, and (iii) participating in joint ventures or acting as a consultant or subcontractor or employee of others who directly solicit business prohibited by this policy.  The term “Company employee” includes any then current employee of the Company or any person who has left the employ of the Company within the then previous six (6) months.  The terms “Company client” and “Company customer” include any parent corporation, subsidiary corporation, affiliate corporation or partner or joint venture of a client or customer.  “Company prospect” means any person or entity to whom the Company has submitted a bid or proposal within the then immediately preceding six (6) months.

(b)    Non-competition.  For one year after Employee’s employment with the Company terminates, regardless of the reason for termination, Employee will not directly or indirectly Compete (defined below) with the Company anywhere the Company is doing or planning to do business, nor will he engage in any other activity that would conflict with the Company’s business, or interfere with Employee’s obligations to the Company.  “Compete” means directly or indirectly:  (i) have any financial interest in, (ii) join, operate, control or participate in, or be connected as an officer, employee, agent, independent contractor, partner, principal or shareholder with (except as holder of not more than five percent (5%) of the outstanding stock of any class of a corporation, the stock of which is actively publicly traded) or (iii) provide services in any capacity to those participating in the ownership, management, operation or control of, and/or (iv) act as a consultant or subcontractor to, a Competitive Business (defined below).  “Competitive Business” means any corporation, proprietorship, association or other entity or person engaged in the sale, production and/or development of products or the rendering of services of a kind similar to or competitive with that sold, produced, developed or rendered by the Company as of the date Employee’s employment relationship terminates.

7.    Limitation on Change of Control Benefits under Certain Circumstances

(a)    Notwithstanding any other provision under this policy, in the event that Employee becomes entitled to receive or receive any payments or benefits under this policy or under any other plan, agreement, program or arrangement with the Company or any parent or subsidiary of the Company (collectively, the Payments), that may separately or in the aggregate constitute “parachute payments” within the meaning of Section 280G of the Code and the Treasury regulations promulgated thereunder (Section 280G) and it is determined that, but for this Section 7(a), any of the Payments will be subject to any excise tax pursuant to Section 4999 of the Code or any similar or successor provision (the Excise Tax), the Company shall pay to Employee either (i) the full amount of the Payments or (ii) an amount equal to the Payments reduced by the minimum amount necessary to prevent any portion of the Payments from being an “excess parachute payment” (within the meaning of Section 280G) (the Capped Payments), whichever of the foregoing amounts results in the receipt by Employee, on an after-tax basis (with consideration of all taxes incurred in connection with the Payments, including the Excise Tax), of the greatest amount of Payments notwithstanding that all or some portion of the Payments may be subject to the Excise Tax.  For purposes of determining whether Employee would receive a greater after-tax benefit from the Capped Payments than from receipt of the full amount of the Payments and for purposes of Section 7(c) below (if applicable), Employee shall be deemed to pay federal, state and local taxes at the highest marginal rate of taxation for the applicable calendar year.
        
(b)    All computations and determinations called for by Sections 7(a) and 7(c) shall be made and reported in writing to the Company and Employee by a third-party service provider selected by the Company (the Tax Advisor), and all such computations and determinations shall be conclusive and binding on the Company and Employee.  For purposes of such calculations and determinations, the Tax Advisor may rely on reasonable, good faith interpretations concerning the application of Sections 280G and 4999 of the Code.  The Company and Employee shall furnish to the Tax Advisor such information and documents as the Tax Advisor may reasonably request in order to make their required calculations and determinations.  The Company shall bear all fees and expenses charged by the Tax Advisor in connection with its services.
        
(c)    In the event that Section 7(a) applies and a reduction is required to be applied to the Payments thereunder, the Payments shall be reduced by the Company in a manner and order of priority that provides Employee with the largest net after-tax value; provided that payments of equal after-tax present value shall be reduced in the reverse order of payment.  Notwithstanding anything to the contrary herein, any such reduction shall be structured in a manner intended to comply with Section 409A.

8.    Section 409A

The parties intend that this policy (and the payments and benefits provided for hereunder) be exempt from the requirements of Section 409A of the Code and the Treasury Regulations and other official guidance promulgated thereunder (Section 409A) to the maximum extent possible, whether pursuant to the short-term deferral exception described in Treasury Regulation Section 1.409A-1(b)(4), the involuntary separation pay plan exception described in Treasury Regulation Section 1.409A-1(b)(9)(iii), or otherwise.  To the extent Section 409A is applicable to this policy and any such payments and benefits, the parties intend that this policy and such payments and benefits comply with the deferral, payout and other limitations and restrictions imposed under Section 409A.  Notwithstanding any other provision of this policy to the contrary, this policy shall be interpreted, operated and administered in a manner consistent with such intentions; provided, however that in no event shall the Company or any of its subsidiaries or affiliates (or any of their successors) be liable for any additional tax, interest or penalty that may be imposed on Employee pursuant to Section 409A or for any damages incurred by Employee as a result of this policy (or the payments or benefits hereunder) failing to comply with, or be exempt from, Section 409A.  Without limiting the generality of the foregoing, and notwithstanding any other provision of this policy to the contrary:

(a)    To the extent Section 409A is applicable to this policy, a termination of employment shall not be deemed to have occurred for purposes of any provision of this policy providing for the payment of amounts or benefits upon or following a termination of employment unless such termination is also a “separation from service,” as defined in Treasury Regulation Section 1.409A-1(h), after giving effect to the presumptions contained therein (and without regard to the optional alternative definitions available therein), and, for purposes of any such provision of this policy, references to “terminate,” “termination,” “termination of employment,” “resignation” and like terms shall mean separation from service;
    
(b)    If at the time Employee’s employment hereunder terminates, Employee is a “specified employee” within the meaning of Section 409A, then to the extent necessary to avoid subjecting Employee to the imposition of any additional tax or interest under Section 409A(a)(1)(B), amounts that would (but for this provision) be payable within 

six (6) months following the date of Employee’s termination of employment shall not be paid to Employee during such period, but shall instead be paid in a lump sum on the first business day of the seventh month following the date on which Employee’s employment terminates or, if earlier, upon Employee’s death; and

(c)    Each payment made under this policy shall be treated as a separate payment and the right to a series of installment payments under this policy shall be treated as a right to a series of separate and distinct payments.

9.    Integral Exclusive Arbitration Remedy.

Any disputes associated with this policy and the payments and benefits available under it are resolvable solely and exclusively in arbitration, and all arbitration results shall be final and binding on both parties.

All disputes, claims or causes of action under this policy will be resolved to the fullest extent permitted by law by final and binding confidential arbitration, which may be held only in Portland, Oregon through Judicial Arbitration and Mediation Services, Inc. (JAMS) under its rules and procedures for arbitration of employment disputes (the Rules).  JAMS will provide a list of five arbitrators from which both parties may eliminate two to obtain the final arbitrator.  Either the Company or the claimant may resort to court solely to enforce the agreement to arbitrate.

This exclusive remedy and the Company’s belief in its greater confidentiality, lower procedural cost, and faster resolution is integral to the Company’s willingness to advance the Change of Control Benefits here outlined.  Resort to litigation to advance a claim to benefits under this policy, except to the limited extent as authorized in this policy for purposes of enforcing the obligation to arbitrate, therefore breaches a precondition of the benefit.  One who resorts to litigation, other than as allowed here, for purposes of advancing a claim under this policy will therefore not be eligible to receive any payment or benefit, regardless of the other merits of his claim.

EMPLOYEE                                 TRIQUINT SEMICONDUCTOR, INC.

By:               /s/ Steve Buhaly                                            By:                /s/ Ralph Quinsey                         

Date:             May 24, 2014                                               Date:                     May 24, 2014EX-10.1

 Exhibit 10.1 

Execution Version 
  

 
  

UNIT PURCHASE AGREEMENT 

by and among 
 WESTERN
GAS PARTNERS, LP, 
 WESTERN GAS HOLDINGS, LLC, 

ANADARKO PETROLEUM CORPORATION, 

and 
 APC MIDSTREAM
HOLDINGS, LLC 
 Dated October 28, 2014 
  

 
  

 UNIT PURCHASE AGREEMENT 

THIS UNIT PURCHASE AGREEMENT, dated October 28, 2014 (this “Agreement”), is made by Western Gas Partners, LP, a
Delaware limited partnership (“WES”), Western Gas Holdings, LLC, a Delaware limited liability company and the general partner of WES (“WES GP”), Anadarko Petroleum Corporation, a Delaware corporation
(“APC”), and APC Midstream Holdings, LLC, a Delaware limited liability company (“AMH”). 

WHEREAS, WES and WES GP are entering into an Agreement and Plan of Merger (the “Merger Agreement”) by and among WES,
Nuevo Midstream, LLC, a Delaware limited liability company (“Nuevo”), Maguire Midstream LLC and the other parties thereto dated as of October 28, 2014, pursuant to which WES will acquire Nuevo (the
“Acquisition”). 
 WHEREAS, to fund a portion of the purchase price for the Acquisition, WES desires to sell
to AMH, and AMH desires to purchase from WES, certain Class C Units representing limited partner units in WES (“Class C Units”), in accordance with the provisions of this Agreement.  

WHEREAS, in order to issue the Class C Units, WES and WES GP intend to enter into an amendment to the First Amended and Restated Agreement of
Limited Partnership of WES, as amended, substantially in the form attached hereto as Annex A. 
 NOW, THEREFORE, in
consideration of the agreements contained herein, the parties agree as follows: 
 1. Purchase and Sale. 

(a) Subject to the terms of this Agreement, AMH agrees to purchase from WES for an aggregate purchase price of $750,000,000 (the
“Purchase Amount”), and WES agrees to issue and sell to AMH, Class C Units. The purchase price for each Class C Unit (the “Purchase Price”) will be: (i) an amount equal to 94.0% of the volume-weighted average
price of WES common units, as adjusted for splits, combinations and other similar transactions, of a WES common unit on the New York Stock Exchange, calculated over the consecutive 10-trading day period ending on the close of trading on the trading
day immediately preceding the date of the Unit Purchase Closing (as defined below), or (ii) if WES consummates an offering of WES common units in connection with the Acquisition on or prior to the date of the Unit Purchase Closing (as defined
below), the price paid by the underwriters in such offering for such WES common units pursuant to the applicable underwriting agreement, unless such price represents a discount of less than 6.0% to the last traded price for WES common units on the
New York Stock Exchange prior to the commencement of such offering, in which case the Purchase Price will be an amount equal to 94.0% of such last traded price; provided that the number of Class C Units purchased by AMH shall be adjusted to
the nearest whole Class C Unit by WES in its discretion so as not to require the issuance of fractional Class C Units and upon such adjustment of purchased Class C Units, the aggregate Purchase Amount shall be adjusted accordingly. 

 (b) The sale(s) of the Class C Units (the “Purchased Units”) contemplated hereby
shall not be registered with the Securities and Exchange Commission under the Securities Act of 1933, as amended, and the certificates representing such Class C Units (if issued in physical form) shall be issued bearing a restrictive legend thereon,
in substantially the form set forth below: 
 THE HOLDER OF THIS SECURITY ACKNOWLEDGES FOR THE BENEFIT OF WESTERN GAS PARTNERS, LP THAT THIS
SECURITY MAY NOT BE SOLD, OFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED IF SUCH TRANSFER WOULD (A) VIOLATE THE THEN APPLICABLE FEDERAL OR STATE SECURITIES LAWS OR RULES AND REGULATIONS OF THE SECURITIES AND EXCHANGE COMMISSION, ANY STATE
SECURITIES COMMISSION OR ANY OTHER GOVERNMENTAL AUTHORITY WITH JURISDICTION OVER SUCH TRANSFER, (B) TERMINATE THE EXISTENCE OR QUALIFICATION OF WESTERN GAS PARTNERS, LP UNDER THE LAWS OF THE STATE OF DELAWARE, OR (C) CAUSE WESTERN GAS
PARTNERS, LP TO BE TREATED AS AN ASSOCIATION TAXABLE AS A CORPORATION OR OTHERWISE TO BE TAXED AS AN ENTITY FOR FEDERAL INCOME TAX PURPOSES (TO THE EXTENT NOT ALREADY SO TREATED OR TAXED). WESTERN GAS HOLDINGS, LLC, THE GENERAL PARTNER OF WESTERN
GAS PARTNERS, LP, MAY IMPOSE ADDITIONAL RESTRICTIONS ON THE TRANSFER OF THIS SECURITY IF IT RECEIVES AN OPINION OF COUNSEL THAT SUCH RESTRICTIONS ARE NECESSARY TO AVOID A SIGNIFICANT RISK OF WESTERN GAS PARTNERS, LP BECOMING TAXABLE AS A CORPORATION
OR OTHERWISE BECOMING TAXABLE AS AN ENTITY FOR FEDERAL INCOME TAX PURPOSES. 
 If the referenced Class C Units are issued in book-entry form, the transfer
agent for WES’s Class C Units shall be instructed to (i) identify such Class C Units as restricted on its system and (ii) keep on file a restrictive legend for such Class C Units in substantially the form set forth above. 

2. Closing and Delivery of Purchased Units. 

(a) The closing of the transactions constituting the purchase and sale of the Purchased Units (the “Unit Purchase Closing”)
shall take place at the location and on the date of, and immediately prior to, the consummation of the Acquisition. 
 (b) The Class C Units
to be delivered to AMH pursuant to this Agreement shall be delivered by or on behalf of WES to AMH, at the Unit Purchase Closing, in certificated or book-entry form against payment of the Purchase Amount thereof, said payment to be made by wire
transfer in immediately available funds to such bank account designated by WES. 
 3. Optional Redemption of Certain Class C Units.

 (a) For purposes of this Paragraph 3, the following definitions shall apply: 

“Affiliate” means, with respect to a specified Person, any other Person, whether now in existence or hereafter created,
directly or indirectly controlling, controlled by or under direct or indirect common control with such specified Person. For purposes of this definition, “control” 

  
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(including, with correlative meanings, “controlling,” “controlled by” and “under common control with”) means the power to direct or cause the direction of the
management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise. 

“Investment Proceeds” means net cash proceeds received from a Person that is not an Affiliate of WES or AMH, relating
to an investment by such Person in (a) the assets of Nuevo, (b) the equity interests in Nuevo or (c) the equity interests in a subsidiary of WES that owns a majority of the outstanding equity interests in Nuevo. 

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

“Redeemed Class C Units” means Class C Units that are to be redeemed from AMH in accordance with this Paragraph 3. 

“Redemption Cap Amount” means the number of Class C Units equal to the quotient of (a) the lesser of the amount
of Investment Proceeds and $150 million and (b) the Purchase Price. In the event of a fractional number of units, the Redemption Cap Amount shall be rounded down to the nearest whole number of Class C Units.  

“Redemption Notice” means the notice of redemption referred to in Paragraph 3(b). 

“Redemption Price” means the sum of (1) the Purchase Price, plus (2) an amount equal to 2% per annum
(assuming a 360-day year consisting of twelve 30-day months) of the Purchase Price from the date of the Unit Purchase Closing to, but not including, the redemption date. 

“Redemption Trigger Event” means the receipt by WES or a subsidiary of WES of Investment Proceeds. 

(b) WES has the option, in its sole discretion, to redeem the Redeemed Class C Units in an amount up to the Redemption Cap Amount by providing
to AMH a written notice of redemption (the “Redemption Notice”) within ten days of a Redemption Trigger Event. The Redemption Notice shall be mailed to AMH not more than ten days after the receipt of the Investment Proceeds. The
Redemption Notice shall identify (i) the number of Class C Units to be redeemed, (ii) the redemption date, which date shall be not fewer than 10 days nor more than 60 days from the date the notice is delivered, and (iii) the
Redemption Price. WES shall deliver to AMH money sufficient to satisfy the Redemption Price with respect to the Redeemed Class C Units by 11:00 A.M. Central Time on the redemption date. On the redemption date, in exchange therefor and
contemporaneously with the payment of the aggregate Redemption Price, AMH shall surrender the certificate representing the Class C Units, if held in certificated form, or such documents as the transfer agent for the Class C Units may reasonably
request, if held in book-entry form, to WES and WES shall issue and deliver to AMH the remaining Class C Units held by AMH following the redemption of the Redeemed Class C Units in certificated or book-entry form. Unless WES defaults in payment of
the Redemption Price, on and after the redemption date, distributions will cease to accrue or be payable on the Redeemed Class C Units. 

(c) AMH shall not transfer any Class C Units without the prior written consent of WES if, following such transfer, AMH would not continue to
own, directly or indirectly, Class C Units in excess of the maximum Redemption Cap Amount. 

  
 3 

 4. Condition to Unit Purchase Closing. The obligations of the parties hereto with respect
to the Unit Purchase Closing are conditioned upon the contemporaneous consummation of the Acquisition. In the event WES notifies AMH that the Acquisition will not be consummated on a basis substantially as contemplated in the Merger Agreement, in
the judgment of WES, this Agreement will terminate with no surviving rights or obligations of the parties hereto. 
 5. Further
Assurances. Each party agrees to execute, acknowledge and deliver such further instruments and to do all such other acts as may be necessary or appropriate to carry out the purposes and intent of this Agreement. 

6. Costs and Expenses. Each party to this Agreement shall be responsible for such party’s own expenses in connection with this
Agreement. 
 7. Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
DELAWARE, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW. 
 8. Entire Agreement. This Agreement shall constitute the binding
agreement of the parties with respect to the subject matter hereof and shall constitute the entire agreement of the parties with respect to the subject matter hereof. 

9. Assignment. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the parties
hereto, whether by operation of law or otherwise, without the prior written consent of the other parties hereto. Any assignment in violation of the foregoing shall be null and void. 

10. Counterparts. This Agreement may be executed by the parties hereto in any number of counterparts, each of which shall be deemed to
be an original, but all such respective counterparts shall together constitute one and the same instrument. Delivery of photocopies of the signature pages to this Agreement by facsimile or electronic mail shall be effective as delivery of manually
executed counterparts of this Agreement. 
 11. Survival. The provisions of Paragraph 3 of this Agreement shall survive the closing
of the transaction contemplated hereby and the rights and obligations of the parties in Paragraph 3 shall be binding upon the permitted successors, permitted assigns and permitted transferees of the parties. 

  
 4 

 12. Notices. All notices and other communications hereunder shall be in writing and shall
be deemed given if delivered by hand, mailed by registered or certified mail (return receipt requested), sent by facsimile or sent by Federal Express or other recognized overnight courier to the parties at the following addresses (or at such other
address for a party as shall be specified by like notice): 
  

	 	(i)	If to APC or AMH, to: 

 1201 Lake Robbins Drive 

The Woodlands, Texas 77380 

Attention: Robert G. Gwin 

Facsimile: (832) 636-1001 

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

1201 Lake Robbins Drive 
 The
Woodlands, Texas 77380 
 Attention: Robert K. Reeves 

Facsimile: (832) 636-1001 
  

	 	(ii)	If to WES GP, to: 

 1201 Lake Robbins Drive 

The Woodlands, Texas 77380 

Attention: Benjamin M. Fink 

Facsimile: (832) 636-6001 

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

1201 Lake Robbins Drive 
 The
Woodlands, Texas 77380 
 Attention: Philip H. Peacock 

Facsimile: (832) 636-6001 
  

	 	(iii)	If to WES, to: 

 1201 Lake Robbins Drive 

The Woodlands, Texas 77380 

Attention: Benjamin M. Fink 

Facsimile: (832) 636-6001 

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

1201 Lake Robbins Drive 
 The
Woodlands, Texas 77380 
 Attention: Philip H. Peacock 

Facsimile: (832) 636-6001 

Any of the above addresses may be changed at any time by notice given as provided above; provided that any such notice of change of
address shall be effective only upon receipt. All notices, requests or instructions given in accordance herewith shall be deemed received on the date of delivery, if hand delivered, on the date of receipt, if transmitted by facsimile, three
(3) business days after the date of mailing, if mailed by registered or certified mail, return receipt requested and one (1) business day after the date of sending, if sent by Federal Express or other recognized overnight courier. 

  
 5 

 13. APC. APC shall cause AMH to perform all of its obligations relating to this Agreement
and the transactions contemplated hereby. 
 [Signature page follows]  

  
 6 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed, as of the
date first above written. 
  

			
	WESTERN GAS PARTNERS, LP
		
	By:	 	Western Gas Holdings, LLC,
		 	its general partner
		
	By:	 	 /s/ Benjamin M. Fink

	Name:	 	Benjamin M. Fink
	Title:	 	Senior Vice President, Chief Financial Officer and Treasurer
	
	WESTERN GAS HOLDINGS, LLC
		
	By:	 	 /s/ Benjamin M. Fink

	Name:	 	Benjamin M. Fink
	Title:	 	Senior Vice President, Chief Financial Officer and Treasurer
	
	ANADARKO PETROLEUM CORPORATION
		
	By:	 	 /s/ Robert G. Gwin

	Name:	 	Robert G. Gwin
	Title:	 	Executive Vice President, Finance and Chief Financial Officer
	
	APC MIDSTREAM HOLDINGS, LLC
		
	By:	 	 /s/ Robert G. Gwin

	Name:	 	Robert G. Gwin
	Title:	 	Executive Vice President and Chief Financial Officer

 Unit Purchase Agreement – Signature Page 

 ANNEX A 

AMENDMENT NO. 12 
 TO

 THE FIRST AMENDED AND RESTATED 

AGREEMENT OF LIMITED PARTNERSHIP 

OF 
 WESTERN GAS PARTNERS,
LP 
 This Amendment No. 12 (this “Amendment”) to the First Amended and Restated Agreement of Limited
Partnership of Western Gas Partners, LP, a Delaware limited partnership (the “Partnership”), is made as of the [—] day of [—],
by Western Gas Holdings, LLC, a Delaware limited liability company (the “General Partner”), in accordance with Article XIII of the Partnership Agreement (as such capitalized term is defined below).  

RECITALS 
 A. The
General Partner is the sole general partner of the Partnership, which is governed by the First Amended and Restated Agreement of Limited Partnership dated as of May 14, 2008 (as previously amended by Amendments No. 1, 2, 3, 4, 5, 6, 7, 8,
9, 10 and 11 thereto, the “Partnership Agreement”). Capitalized terms used but not defined herein are used as defined in the Partnership Agreement. 

B. The Partnership has entered in an Agreement and Plan of Merger (the “Nuevo Agreement”) by and among the
Partnership, Nuevo Midstream, LLC (“Nuevo”), Maguire Midstream LLC and the other parties thereto dated as of October 28, 2014, pursuant to which Nuevo will become a wholly owned subsidiary of the Partnership.  

C. Section 5.6(a) of the Partnership Agreement provides that the Partnership may issue additional Partnership Securities and options,
rights, warrants and appreciation rights relating to the Partnership Securities for any Partnership purpose at any time and from time to time to such Persons for such consideration and on such terms and conditions as the General Partner shall
determine, all without the approval of any Limited Partners. 
 D. Section 13.1(g) of the Partnership Agreement provides that the
General Partner, without the approval of any Partner, may amend any provision of the Partnership Agreement, and execute, swear to, acknowledge, deliver, file and record whatever documents may be required in connection therewith, to reflect an
amendment that the General Partner determines to be necessary or appropriate in connection with the authorization of issuance of any class or series of Partnership Securities pursuant to Section 5.6 of the Partnership Agreement. 

E. Section 13.1(h) of the Partnership Agreement provides that the General Partner, without the approval of any Partner, may amend any
provision of the Partnership Agreement, and execute, swear to, acknowledge, deliver, file and record whatever documents may be required in connection therewith, to reflect any amendment expressly permitted in the Partnership Agreement to be made by
the General Partner acting alone. 
 F. In connection with entering into the Nuevo Agreement, the Partnership entered into a Unit
Purchase Agreement (the “Unit Purchase Agreement”) with the General Partner and APC Midstream Holdings, LLC, a Delaware limited liability company (“AMH”) and a wholly-owned

 
subsidiary of Anadarko Petroleum Corporation, a Delaware corporation (“Anadarko”) and Anadarko, pursuant to which the Partnership will issue to AMH Limited Partner Interests
to be designated as Class C Units.  
 G. The General Partner deems it in the best interest of the Partnership to effect this
Amendment in order to (i) specify the rights and obligations of the Limited Partner Interests designated as “Class C Units,” (ii) provide for the economic uniformity of the Class C Units and the PIK C Units, and
(iii) provide for such other matters as are provided herein. 
 NOW, THEREFORE, the General Partner does hereby amend the
Partnership Agreement as follows: 
 I. Amendment. The Partnership Agreement is hereby amended as follows: 

1. Article I is hereby amended to add or restate, as applicable, the following definitions in the appropriate alphabetical order: 

“AMH” means APC Midstream Holdings, LLC, a Delaware limited liability company. 

“Class C Unit” means a Partnership Security representing a fractional part of the Partnership Interests of all Limited
Partners, and having the rights and obligations specified with respect to Class C Units in this Agreement. A Class C Unit that is convertible into a Common Unit shall not constitute a Common Unit until such conversion occurs. 

“Class C Unit Distribution” means a distribution payable to each Class C Unit, determined in accordance with
Section 5.12(d)(i). 
 “Common Unit” means a Partnership Security representing a fractional part of the Partnership
Interests of all Limited Partners and Assignees, and having the rights and obligations specified with respect to Common Units in this Agreement. The term “Common Unit” does not include a Subordinated Unit, Class B Unit or Class C Unit
prior to its conversion into a Common Unit pursuant to the terms hereof; provided that, notwithstanding the foregoing, each Class C Unit shall be deemed a Common Unit (whether converted or not) with respect to any voting, approval or consent rights
conferred upon Common Units in this Agreement including pursuant to Sections 4.6, 4.7, 7.9(a), 11.1(b), 11.2, and 12.3 (i.e., Common Units and Class C Units shall vote together as a single class, except that Class C Units shall be entitled to vote
as a separate class on any matter on which Unitholders are entitled to vote that adversely affects the rights or preferences of the Class C Units in relation to other classes of Partnership Interests in any material respect or as required by law).
Notwithstanding the foregoing, Class C Units owned by the General Partner and its Affiliates shall not be entitled to vote, approve or consent on matters if Common Units owned by the General Partner and its Affiliates are excluded from voting,
approving or consenting on such matters. 
 “Class C Conversion Date” means the date that is the earlier of
(i) December 31, 2017, unless extended by Anadarko in its sole discretion, and (ii) the date on which the Partnership delivers notice to the holders of the Class C Units that the Class C Units have converted, which notice shall be
delivered upon the determination of the General Partner. 

  
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 “Converted Class C Units” has the meaning assigned to such term in
Section 6.1(d)(x)(C). 
 “Distribution Amount” has the meaning assigned to such term in Section 5.12(d)(i). 

“Issue Price” means the price at which a Unit is purchased from the Partnership, net of any sales commission or underwriting
discount charged to the Partnership. Each PIK C Unit shall have an Issue Price equal to the net amount deemed contributed to the Partnership in exchange for the PIK C Unit in accordance with Section 5.12(d)(iv). 

“Limited Partner Interest” means the ownership interest of a Limited Partner in the Partnership, which may be evidenced by
Common Units, Class B Units, Class C Units, Subordinated Units, Incentive Distribution Rights or other Partnership Securities or a combination thereof or interest therein, and includes any and all benefits to which such Limited Partner is entitled
as provided in this Agreement, together with all obligations of such Limited Partner to comply with the terms and provisions of this Agreement; provided, however, that when the term “Limited Partner Interest” is used herein in the context
of any vote or other approval, including Articles XIII and XIV, such term shall not, solely for such purpose, include any Incentive Distribution Right except as may otherwise be required by law. 

“Partnership Security” means any class or series of equity interest in the Partnership (but excluding any options, rights,
warrants and appreciation rights relating to an equity interest in the Partnership), including Common Units, Subordinated Units, Class B Units, Class C Units and Incentive Distribution Rights. 

“Percentage Interest” means as of any date of determination (a) as to the General Partner with respect to General
Partner Units and as to any Unitholder with respect to Units, the product obtained by multiplying (i) 100% less the percentage applicable to clause (b) below by (ii) the quotient obtained by dividing (A) the number of General
Partner Units held by the General Partner or the number of Units held by such Unitholder, as the case may be, by (B) the total number of Outstanding Units and General Partner Units, and (b) as to the holders of other Partnership Securities
issued by the Partnership in accordance with Section 5.6, the percentage established as a part of such issuance. Notwithstanding the immediately preceding sentence, for purposes of Sections 5.2(b), 5.11, 6.1, 6.4, 6.5 and 11.3(c), (x) the
Percentage Interest of the General Partner shall be calculated as the quotient obtained by dividing (A) the number of General Partner Units held by the General Partner by (B) the total number of Outstanding Units (other than Class C Units)
and General Partner Units, and (y) the Percentage Interest of any Unitholder with respect to Units shall be calculated as the product obtained by multiplying (A) 100% less the Percentage Interest of the General Partner by (B) the
quotient obtained by dividing (1) the number of Units held by such Unitholder by (2) the total number of Outstanding Units. The Percentage Interest with respect to an Incentive Distribution Right shall at all times be zero. 

“PIK C Payment Date” has the meaning assigned to such term in Section 5.12(d)(iii). 

“PIK C Unit” means a Class C Unit that is issued by the Partnership in respect of distributions payable pursuant to
Section 5.12(d). 

  
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 “Remaining Net Positive Adjustments” means as of the end of any taxable period,
(i) with respect to the Unitholders holding Common Units, Subordinated Units, Class B Units or Class C Units, the excess of (a) the Net Positive Adjustments of the Unitholders holding Common Units, Subordinated Units, Class B Units or
Class C Units as of the end of such period over (b) the sum of those Partners’ Share of Additional Book Basis Derivative Items for each prior taxable period, (ii) with respect to the General Partner (as holder of the General Partner
Units), the excess of (a) the Net Positive Adjustments of the General Partner as of the end of such period over (b) the sum of the General Partner’s Share of Additional Book Basis Derivative Items with respect to the General Partner
Units for each prior taxable period, and (iii) with respect to the holders of Incentive Distribution Rights, the excess of (a) the Net Positive Adjustments of the holders of Incentive Distribution Rights as of the end of such period over
(b) the sum of the Share of Additional Book Basis Derivative Items of the holders of the Incentive Distribution Rights for each prior taxable period. 

“Retained Converted Class C Units” has the meaning assigned to such term in Section 5.5(c)(iii). 

“Share of Additional Book Basis Derivative Items” means in connection with any allocation of Additional Book Basis Derivative
Items for any taxable period, (i) with respect to the Unitholders holding Common Units, Subordinated Units, Class B Units or Class C Units, the amount that bears the same ratio to such Additional Book Basis Derivative Items as the
Unitholders’ Remaining Net Positive Adjustments as of the end of such period bears to the Aggregate Remaining Net Positive Adjustments as of that time, (ii) with respect to the General Partner (as holder of the General Partner Units), the
amount that bears the same ratio to such Additional Book Basis Derivative Items as the General Partner’s Remaining Net Positive Adjustments as of the end of such period bears to the Aggregate Remaining Net Positive Adjustment as of that time,
and (iii) with respect to the Partners holding Incentive Distribution Rights, the amount that bears the same ratio to such Additional Book Basis Derivative Items as the Remaining Net Positive Adjustments of the Partners holding the Incentive
Distribution Rights as of the end of such period bears to the Aggregate Remaining Net Positive Adjustments as of that time. 

“Subordinated Unit” means a Partnership Security representing a fractional part of the Partnership Interests of all Limited
Partners and Assignees and having the rights and obligations specified with respect to Subordinated Units in this Agreement. The term “Subordinated Unit” does not include a Common Unit, a Class B Unit or a Class C Unit. A Subordinated Unit
that is convertible into a Common Unit shall not constitute a Common Unit until such conversion occurs. 
 “Unit” means a
Partnership Security that is designated as a “Unit” and shall include Common Units, Subordinated Units, Class B Units and Class C Units but shall not include (i) General Partner Units (or the General Partner Interest represented
thereby) or (ii) Incentive Distribution Rights. 
 “Unit Majority” means (i) during the Subordination Period, at
least a majority of the Outstanding Common Units and Class C Units, if any, (excluding Common Units and Class C Units owned by the General Partner and its Affiliates), voting as a single class, and at least a

  
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majority of the Outstanding Subordinated Units, voting as a class, and (ii) after the end of the Subordination Period, at least a majority of the Outstanding Common Units, Class B Units, if
any, and Class C Units, if any, voting as a single class. 
 “Unit Purchase Agreement” means the Unit Purchase
Agreement dated as of October 28, 2014, among the Partnership, the General Partner, AMH and Anadarko, pursuant to which the Partnership will issue to AMH Class C Units. 

“VWAP Price” as of a particular date means the volume-weighted average trading price, as adjusted for splits, combinations
and other similar transactions, of a Common Unit on the primary National Securities Exchange on which the Common Units are listed or admitted to trading, calculated over the consecutive 10-trading day period ending on the close of trading on the
trading day immediately prior to such date. 
 2. Section 4.1 of the Partnership Agreement is hereby amended and restated as follows:

 Section 4.1 Certificate  

Upon the Partnership’s issuance of Common Units, Subordinated Units, Class B Units or Class C Units to any Person, the Partnership shall
issue, upon the request of such Person, one or more Certificates in the name of such Person evidencing the number of such Units being so issued. In addition, (a) upon the General Partner’s request, the Partnership shall issue to it one or
more Certificates in the name of the General Partner evidencing its General Partner Units and (b) upon the request of any Person owning Incentive Distribution Rights or any other Partnership Securities other than Common Units, Subordinated
Units, Class B Units or Class C Units, the Partnership shall issue to such Person one or more certificates evidencing such Incentive Distribution Rights or other Partnership Securities other than Common Units, Subordinated Units, Class B Units or
Class C Units. Certificates shall be executed on behalf of the Partnership by the Chairman of the Board, President or any Executive Vice President, Senior Vice President or Vice President and the Secretary or any Assistant Secretary of the General
Partner. No Common Unit Certificate shall be valid for any purpose until it has been countersigned by the Transfer Agent; provided, however, that the Units may be certificated or uncertificated as provided in the Delaware Act; and provided, further,
that if the General Partner elects to issue Common Units in global form, the Common Unit Certificates shall be valid upon receipt of a certificate from the Transfer Agent certifying that the Common Units have been duly registered in accordance with
the directions of the Partnership. Subject to the requirements of Section 6.7(c), the Partners holding Certificates evidencing Subordinated Units may exchange such Certificates for Certificates evidencing Common Units on or after the date on
which such Subordinated Units are converted into Common Units pursuant to the terms of Section 5.7. Subject to the requirements of Section 6.7(e), the Partners holding Certificates evidencing Class B Units may exchange such Certificates
for Certificates evidencing Common Units on or after the period set forth in Section 5.11(f) pursuant to the terms of Section 5.11. Subject to the requirements of Section 6.7(g), the Partners holding Certificates evidencing Class C
Units may exchange such Certificates for Certificates evidencing Common Units on or after the date on which such Class C Units are converted into Common Units pursuant to the terms of Section 5.12. 

  
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 3. Section 4.5(d) of the Partnership Agreement is hereby amended and restated as follows:

 (d) The General Partner and its Affiliates shall have the right at any time to transfer their Subordinated Units, Class B Units, Class C
Units and Common Units (whether issued upon conversion of the Subordinated Units, conversion of Class C Units or otherwise) to one or more Persons, provided, that notwithstanding the foregoing, AMH shall not transfer any Class C Units without the
prior written consent of the Partnership if, following such transfer, AMH would not continue to own, directly or indirectly, Class C Units in excess of the maximum Redemption Cap Amount (as such term is defined in the Unit Purchase Agreement). 

4. Section 4.8 of the Partnership Agreement is hereby amended by redesignating clauses (e) and (f) as clauses (f) and (g),
respectively, and adding a new clause (e) as follows: 
 (e) The transfer of a Class C Unit shall be subject to the restrictions
imposed by Section 4.5(d). The transfer of a Class C Unit that has converted into a Common Unit shall also be subject to the restrictions imposed by Section 6.7(g). 

5. Section 5.5(a) of the Partnership Agreement is hereby amended and restated as follows: 

(a) The Partnership shall maintain for each Partner (or a beneficial owner of Partnership Interests held by a nominee in any case in which the
nominee has furnished the identity of such owner to the Partnership in accordance with Section 6031(c) of the Code or any other method acceptable to the General Partner) owning a Partnership Interest a separate Capital Account with respect to
such Partnership Interest in accordance with the rules of Treasury Regulation Section 1.704-1(b)(2)(iv). Such Capital Account shall be increased by (i) the amount of all Capital Contributions made to the Partnership with respect to such
Partnership Interest and (ii) all items of Partnership income and gain (including income and gain exempt from tax) computed in accordance with Section 5.5(b) and allocated with respect to such Partnership Interest pursuant to
Section 6.1, and decreased by (x) the amount of cash or Net Agreed Value of all actual and deemed distributions of cash or property (provided that PIK C Units shall not be deemed property for these purposes) made with respect to such
Partnership Interest and (y) all items of Partnership deduction and loss computed in accordance with Section 5.5(b) and allocated with respect to such Partnership Interest pursuant to Section 6.1. The initial Capital Account balance
in respect of each Class C Unit (other than PIK C Units) shall be equal to the Purchase Price set forth in Section 1(a) of the Unit Purchase Agreement. The initial Capital Account balance in respect of each PIK C Unit shall be determined in
accordance with Section 5.12(d)(iv). 
 6. Section 5.5(c) of the Partnership Agreement is hereby amended to add a new subclause
(iii) as follows: 
 (iii) Subject to Section 6.7(g), immediately prior to the transfer of a Class C Unit or of a Class C Unit
that has converted into a Common Unit pursuant to Section 5.12 by a holder thereof (other than a transfer to an Affiliate unless the General Partner elects to have this subparagraph 5.5(c)(iii) apply), the Capital Account maintained for such
Person with respect to 

  
 6 

 
its Class C Units or Converted Class C Units will (A) first, be allocated to the Class C Units or Converted Class C Units to be transferred in an amount equal to the product of (x) the
number of such Class C Units or Converted Class C Units to be transferred and (y) the Per Unit Capital Amount for a Common Unit, and (B) second, any remaining balance in such Capital Account will be retained by the transferor, regardless
of whether it has retained any Class C Units or Converted Class C Units (“Retained Converted Class C Units”). Following any such allocation, the transferor’s Capital Account, if any, maintained with respect to the retained
Class C Units or Retained Converted Class C Units, if any, will have a balance equal to the amount allocated under clause (B) hereinabove, and the transferee’s Capital Account established with respect to the transferred Class C Units or
Converted Class C Units will have a balance equal to the amount allocated under clause (A) hereinabove. 
 7. Section 5.5(d) of the
Partnership Agreement is hereby amended and restated as follows: 
 (d) (i) In accordance with Treasury Regulation
Section 1.704-1(b)(2)(iv)(f), on an issuance of additional Partnership Interests for cash or Contributed Property (including the issuance of a PIK C Unit), the issuance of Partnership Interests as consideration for the provision of services,
the conversion of the General Partner’s Combined Interest to Common Units pursuant to Section 11.3(b) or the conversion of Class C Units to Common Units pursuant to Section 5.12(c), the Capital Accounts of all Partners and the
Carrying Value of each Partnership property immediately prior to such issuance or after such conversion shall be adjusted upward or downward to reflect any Unrealized Gain or Unrealized Loss attributable to such Partnership property, as if such
Unrealized Gain or Unrealized Loss had been recognized on an actual sale of each such property for an amount equal to its fair market value immediately prior to such issuance or after such conversion and had been allocated to the Partners at such
time (x) first, if such issuance or conversion occurs after the initial issuance of Class C Units, in a manner that to the nearest extent possible results in the Capital Accounts maintained with respect to the Class C Units and the Converted
Class C Units on a per unit basis equaling the Per Unit Capital Amount for a Common Unit (other than a Common Unit issued upon the conversion of a Subordinated Unit, a Class B Unit or a Class C Unit) and (y) second, pursuant to
Section 6.1(c) in the same manner as any item of gain or loss actually recognized during such period would have been allocated. In determining such Unrealized Gain or Unrealized Loss, the aggregate cash amount and fair market value of all
Partnership assets (including cash or cash equivalents) immediately prior to the issuance of additional Partnership Interests, or immediately after the conversion, shall be determined by the General Partner using such method of valuation as it may
adopt; provided, however, that the General Partner, in arriving at such valuation, must take fully into account the fair market value of the Partnership Interests of all Partners at such time. The General Partner shall allocate such aggregate value
among the assets of the Partnership (in such manner as it determines) to arrive at a fair market value for individual properties. 
 (ii) In
accordance with Treasury Regulation Section 1.704-1(b)(2)(iv)(f), immediately prior to any actual or deemed distribution to a Partner of any Partnership property (other than a distribution of cash that is not in redemption or retirement of a
Partnership Interest), the Capital Accounts of all Partners and the Carrying Value of all Partnership property shall be adjusted upward or downward to reflect any Unrealized Gain or Unrealized Loss attributable to such Partnership property, as if
such Unrealized Gain or Unrealized Loss had been recognized in 

  
 7 

 
a sale of such property immediately prior to such distribution for an amount equal to its fair market value, and had been allocated to the Partners at such time (x) first, if such actual or
deemed distribution occurs after the initial issuance of Class C Units, in a manner that to the nearest extent possible results in the Capital Accounts maintained with respect to the Class C Units and the Converted Class C Units on a per unit basis
equaling the Per Unit Capital Amount for a Common Unit (other than a Common Unit issued upon the conversion of a Subordinated Unit, a Class B Unit or a Class C Unit) and (y) second, pursuant to Section 6.1(c) in the same manner as any item
of gain or loss actually recognized during such period would have been allocated. In determining such Unrealized Gain or Unrealized Loss the aggregate cash amount and fair market value of all Partnership assets (including cash or cash equivalents)
immediately prior to a distribution shall (A) in the case of an actual distribution that is not made pursuant to Section 12.4 or in the case of a deemed distribution, be determined and allocated in the same manner as that provided in
Section 5.5(d)(i) or (B) in the case of a liquidating distribution pursuant to Section 12.4, be determined and allocated by the Liquidator using such method of valuation as it may adopt. 

8. Section 5.6(c) of the Partnership Agreement is hereby amended and restated as follows: 

The General Partner shall take all actions that it determines to be necessary or appropriate in connection with (i) each issuance of
Partnership Securities and options, rights, warrants and appreciation rights relating to Partnership Securities pursuant to this Section 5.6, or Section 7.4(c), (ii) the conversion of the General Partner Interest (represented by
General Partner Units) or any Incentive Distribution Rights into Units pursuant to the terms of this Agreement, (iii) the issuance of Class B Units pursuant to Section 5.11 and the conversion of Class B Units into Common Units pursuant to
the terms of this Agreement, (iv) the issuance of Class C Units pursuant to Section 5.12 and the conversion of Class C Units into Common Units pursuant to the terms of this Agreement, (v) reflecting admission of such additional
Limited Partners in the books and records of the Partnership as the Record Holder of such Limited Partner Interest and (vi) all additional issuances of Partnership Securities. The General Partner shall determine the relative rights, powers and
duties of the holders of the Units or other Partnership Securities being so issued. The General Partner shall do all things necessary to comply with the Delaware Act and is authorized and directed to do all things that it determines to be necessary
or appropriate in connection with any future issuance of Partnership Securities or in connection with the conversion of the General Partner Interest or any Incentive Distribution Rights into Units pursuant to the terms of this Agreement, including
compliance with any statute, rule, regulation or guideline of any federal, state or other governmental agency or any National Securities Exchange on which the Units or other Partnership Securities are listed or admitted to trading. 

9. Section 5.9 of the Partnership Agreement is hereby amended to add a new clause (e) as follows: 

(e) For the avoidance of doubt, upon any pro rata distribution of Common Units to all Record Holders of Common Units or any subdivision or
combination (or reclassification into a greater or smaller number) of Common Units, the Partnership will proportionately adjust the number of Class C Units as follows: (i) if the Partnership issues Common Units as a distribution on its Common
Units or subdivides the Common Units (or reclassifies them into a 

  
 8 

 
greater number of Common Units) then the Class C Units shall be subdivided into a number of Class C Units equal to the result of multiplying the number of Class C Units by a fraction,
(A) the numerator of which shall be the sum of the number of Common Units outstanding immediately prior to such distribution or subdivision plus the total number of Common Units constituting such distribution or newly created by such
subdivision; and (B) the denominator of which shall be the number of Common Units outstanding immediately prior to such distribution or subdivision; and (ii) if the Partnership combines the Common Units (or reclassifies them into a smaller
number of Common Units) then the Class C Units shall be combined into a number of Class C Units equal to the result of multiplying the number of Class C Units by a fraction, (A) the numerator of which shall be the sum of the number of Common
Units outstanding immediately following such combination; and (B) the denominator of which shall be the number of Common Units outstanding immediately prior to such combination. 

10. Article V is hereby amended to add a new Section 5.12 creating a new series of Units as follows: 

Section 5.12 Establishment of Class C Units 

(a) The General Partner hereby designates and creates a series of Limited Partner Interests to be designated as “Class C Units,”
initially consisting of a total of [—] Class C Units and such additional Class C Units as may be issued pursuant to the provisions of 5.12(d), having the terms and conditions set forth herein. 

(b) The holders of the Class C Units shall have rights upon dissolution and liquidation of the Partnership, including the right to share in
any liquidating distributions pursuant to Section 12.4, in accordance with Article XII of this Agreement. 
 (c) Conversion of Class
C Units  
 (i) Immediately before the close of business on the Conversion Date (which shall be the date that is the earlier of
(x) December 31, 2017, unless extended by Anadarko in its sole discretion by written notice to the Partnership of such extended date, and (y) the date on which the Partnership delivers notice to the holders of the Class C Units that
the Class C Units have converted (which notice shall be delivered upon the determination of the General Partner), the Class C Units shall automatically convert into Common Units on a one-for-one basis. 

(ii) Upon conversion, the rights of a holder of Converted Class C Units as holder of Class C Units shall cease with respect to such Converted
Class C Units, including any rights under this Agreement with respect to holders of Class C Units, and such Person shall continue to be a Limited Partner and have the rights of a holder of Common Units under this Agreement. All Class C Units shall,
upon the Conversion Date, be deemed to be transferred to, and cancelled by, the Partnership in exchange for the Common Units into which the Class C Units converted. 

(iii) The Partnership shall pay any documentary, stamp or similar issue or transfer taxes or duties relating to the issuance or delivery of
Common Units upon conversion of the Class C Units. However, the holder shall pay any tax or duty which may be payable relating to any transfer involving the issuance or delivery of Common Units in a name other than the holder’s name. The
Transfer Agent may refuse to deliver a Certificate representing Common Units being 

  
 9 

 
issued in a name other than the holder’s name until the Transfer Agent receives a sum sufficient to pay any tax or duties which will be due because the shares are to be issued in a name
other than the holder’s name. Nothing herein shall preclude any tax withholding required by law or regulation. 
 (iv) (A) Except
as otherwise provided in Section 5.8, the Partnership shall keep free from preemptive rights a sufficient number of Common Units to permit the conversion of all outstanding Class C Units into Common Units to the extent provided in, and in
accordance with, this Section 5.12(c). 
 (B) All Common Units delivered upon conversion of the Class C Units shall be newly issued,
shall be duly authorized and validly issued, and shall be free from preemptive rights (except as otherwise provided in Section 5.8) and free of any lien or adverse claim. 

(C) The Partnership shall comply with all applicable securities laws regulating the offer and delivery of any Common Units upon conversion of
Class C Units and, if the Common Units are then listed or quoted on the New York Stock Exchange, or any other National Securities Exchange or other market, shall list or cause to have quoted and keep listed and quoted the Common Units issuable upon
conversion of the Class C Units to the extent permitted or required by the rules of such exchange or market. 
 (D) Notwithstanding anything
herein to the contrary, nothing herein shall give to any holder of Class C Units any rights as a creditor in respect of its right to conversion. 

(v) Upon the issuance of the Common Units delivered upon conversion of the Class C Units (other than Class C Units with respect to which an
additional Capital Contribution was previously made pursuant to Section 5.2(b)), the General Partner may, in exchange for a proportionate number of General Partner Units, make additional Capital Contributions in an amount equal to the product
obtained by multiplying (i) the quotient determined by dividing (A) the General Partner’s Percentage Interest by (B) a percentage equal to 100% less the General Partner’s Percentage Interest times (ii) the aggregate
Issue Price for the Class C Units (including, for the avoidance of doubt, PIK C Units issued prior to the Conversion Date). 
 (d) Class
C Distributions. 
 (i) Each Class C Unit shall receive a distribution, in accordance with the provisions of this Section 5.12(d),
calculated as provided below based on the amount paid in respect of each Common Unit pursuant to Sections 6.4(b) and 6.5 (the amount to be so paid, the “Distribution Amount”). Each distribution payable in respect of a Class C Unit
(the “Class C Unit Distribution”) shall be paid in PIK C Units. The number of PIK C Units to be issued in a Class C Unit Distribution shall be the quotient of (A) the Distribution Amount divided by (B) an amount equal to
94.0% of the VWAP Price as of the date the corresponding distributions are made in respect of Common Units pursuant to Section 6.4(b) or 6.5. The first such distribution on Class C Units shall be paid in the calendar quarter following the
calendar quarter in which the Class C Units were issued under the Unit Purchase Agreement. Such first distribution shall be prorated based on the number of days during such quarter that the Class C Units were outstanding, such that the number
of PIK C Units to be issued in such first Class C Unit Distribution shall equal the 

  
 10 

 
amount calculated above in this Section 5.12(d)(i) multiplied by the quotient determined by dividing (A) the number of days between the date on which the Class C Units were issued and
the end of such calendar quarter by (B) the total number of days in such calendar quarter. In all cases, instead of issuing any fractional PIK C Units, the Partnership shall round the number of PIK C Units issuable to a holder of Class C
Units down to the next lower whole PIK C Unit and pay cash in lieu of such fractional units, or at the Partnership’s option, the Partnership may round the number of PIK C Units issuable to a holder of Class C Units up to the next higher whole
PIK C Unit. For purposes of determining fractional PIK C Units otherwise issuable to a particular holder, all PIK C Units attributable to all Class C Units of such holder, whether held in one or multiple accounts, shall be aggregated so that less
than one fractional PIK C Unit is issuable to any one holder. For the avoidance of doubt, no distribution shall be payable in respect of the Incentive Distribution Rights under Section 6.4(b) or 6.5 by virtue of the payment of the Class
C Unit Distribution. 
 (ii) Notwithstanding anything in this Section 5.12(d) to the contrary, with respect to Class C Units that are
converted into Common Units, the holder thereof shall not be entitled to a Class C Unit Distribution and a Common Unit distribution with respect to the same period, but shall be entitled only to the distribution to be paid based upon the class of
Units held as of the close of business on the applicable Record Date. If the Class C Conversion Date occurs between a Record Date for a Class C Unit Distribution and the related payment date, a holder of the Class C Units on such Record Date shall
receive, in lieu of the PIK C Units that would otherwise have been issuable to such holder, a distribution of Common Units equal in number to the number of PIK C Units that would have been payable to such holder had the Class C Conversion Date not
occurred, and such Common Units will otherwise be issued in accordance with the provisions of this Section 5.12(d) relating to the issuance of a PIK C Unit. 

(iii) When any PIK C Units are payable to a holder of Class C Units pursuant to this Section 5.12, the Partnership shall issue the PIK C
Units to such holder on the date the corresponding distributions are made in respect of Common Units pursuant to Section 6.4(b) or 6.5, as applicable (the date of issuance of such PIK C Units, the “PIK C Payment Date”). On the
PIK C Payment Date, the Partnership shall issue to such holder of Class C Units a certificate or certificates for the number of PIK C Units to which such holder of Class C Units shall be entitled or, at the request of such holder of Class C Units, a
notation in book entry form in the books of the Transfer Agent. 
 (iv) For purposes of maintaining Capital Accounts under Section 5.5,
if the Partnership distributes one or more PIK C Units to a holder of Class C Units, (i) the Partnership shall be treated as distributing cash to such holder of Class C Units equal to the Distribution Amount, and (ii) the holder of Class C
Units shall be deemed to have contributed to the Partnership in exchange for such newly issued PIK C Units an amount of cash equal to the Distribution Amount, less the amount of any cash distributed by the Partnership in lieu of fractional PIK C
Units. 
 (e) The Class C Units will have such voting rights pursuant to this Agreement as such Class C Units would have if they were Common
Units that were then outstanding and shall vote together with the Common Units as a single class, except that Class C Units owned by the General Partner and its Affiliates shall not be entitled to vote, approve or consent on matters if

  
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Common Units owned by the General Partner and its Affiliates are excluded from voting, approving or consenting on such matters, and except that the Class C Units shall be entitled to vote as a
separate class on any matter on which Unitholders are entitled to vote that adversely affects the rights or preferences of the Class C Units in relation to other classes of Partnership Interests in any material respect or as required by law. The
approval of a majority (or such other percentage as set forth in this Agreement) of the Class C Units shall be required to approve any matter for which the holders of the Class C Units are entitled to vote as a separate class. 

(f) Each Class C Unit and each Class C Unit that has converted into a Common Unit shall be subject to the provisions of
Sections 5.5(c)(iii), 5.5(d), 6.1(d)(x)(C), 6.7(f) and 6.7(g). 
 11. Section 6.1(c)(i)(C) of the Partnership Agreement is hereby
amended and restated as follows: 
 (C) Third, (x) to the extent the Adjusted Capital Account of a Common Unit or comparable fraction
thereof and Class C Unit (or converted Class C Unit) or comparable fraction thereof are not identical, (1) to all Unitholders holding such class of Units with the lowest Adjusted Capital Account, proportionately, a percentage equal to 100%
less the percentage applicable to subclause (2) of this subclause (x) of this Clause (C) and (2) to the General Partner in accordance with its Percentage Interest, until the Adjusted Capital Account of such Unitholders (on a per
Unit basis) is equal to the Adjusted Capital Account of the Unitholders holding the class of Units with the next lowest Adjusted Capital Account (on a per Unit basis), and (y) if after application of subclause (x) of this Clause (C), the
Adjusted Capital Account of a Common Unit or comparable fraction thereof and a Class C Unit or comparable fraction thereof, on the one hand, and a Class B Unit (or converted Class B Unit) or comparable fraction thereof, on the other hand, are not
identical, (1) to all Unitholders holding the class (or classes) of Units with the lower Adjusted Capital Account, proportionately, a percentage equal to 100% less the percentage applicable to subclause (2) of this subclause (y) of
this Clause (C) and (2) to the General Partner in accordance with its Percentage Interest, until the Adjusted Capital Accounts of all of such Unitholders in such Units (on a per Unit basis) are equal; 

12. Section 6.1(c)(ii)(B) of the Partnership Agreement is hereby amended and restated as follows: 

(B) Second, (x) if the Adjusted Capital Account of a Common Unit or comparable fraction thereof and a Class C Unit (or converted Class C
Unit) or comparable fraction thereof and a Class B Unit (or converted Class B Unit) or comparable fraction thereof are not identical, (1) to the Unitholders holding the class of Units with the highest Adjusted Capital Account, proportionately,
a percentage equal to 100% less the percentage applicable to subclause (2) of this subclause (x) of this Clause (B) and (2) to the General Partner, in accordance with its Percentage Interest, until the Adjusted Capital Account of
such Unitholders (on a per Unit basis) is equal to the Adjusted Capital Account of the Unitholders holding the class of Units with the next highest Adjusted Capital Account (on a per Unit basis), and (y) if after application of subclause
(x) of this Clause (B), the Adjusted Capital Account of a Common Unit or comparable fraction thereof and a Class C Unit (or converted Class C Unit) or comparable fraction thereof, on the one hand, and a Class B Unit (or converted Class B Unit)
or comparable fraction thereof, on the other hand, are not identical, (1) to the Unitholders holding the class(es) of Units with the 

  
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higher Adjusted Capital Account, proportionately, a percentage equal to 100% less the percentage applicable to subclause (2) of this subclause (y) of this Clause (B), and (2) to
the General Partner, in accordance with its Percentage Interest, until the Adjusted Capital Account of each Common Unit or comparable fraction thereof, each Class C Unit (or converted Class C Unit) or comparable fraction thereof and each Class B
Unit (or converted Class B Unit) or comparable fraction thereof are equal; 
 13. Section 6.1(d)(x) of the Partnership Agreement is
hereby amended and restated as follows: 
 (x) Economic Uniformity. 

(A) At the election of the General Partner with respect to any taxable period ending upon, or after, the termination of the Subordination
Period, all or a portion of the remaining items of Partnership gross income or gain for such taxable period, after taking into account allocations pursuant to Section 6.1(d)(iii), shall be allocated 100% to each Partner holding Subordinated
Units that are Outstanding as of the termination of the Subordination Period (“Final Subordinated Units”) in the proportion of the number of Final Subordinated Units held by such Partner to the total number of Final Subordinated
Units then Outstanding, until each such Partner has been allocated an amount of income or gain that increases the Capital Account maintained with respect to such Final Subordinated Units to an amount equal to the product of (A) the number of
Final Subordinated Units held by such Partner and (B) the Per Unit Capital Amount for a Common Unit (other than a Common Unit issued upon the conversion of a Subordinated Unit, a Class B Unit or a Class C Unit). The purpose of this
allocation is to establish uniformity between the Capital Accounts underlying Final Subordinated Units and the Capital Accounts underlying most or all of the Common Units held by Persons other than the General Partner and its Affiliates immediately
prior to the conversion of such Final Subordinated Units into Common Units. This allocation method for establishing such economic uniformity will be available to the General Partner only if the method for allocating the Capital Account maintained
with respect to the Subordinated Units between the transferred and retained Subordinated Units pursuant to Section 5.5(c)(ii) does not otherwise provide such economic uniformity to the Final Subordinated Units. 

(B) At the election of the General Partner with respect to any taxable period ending upon, or after, the conversion of the Class B Units
pursuant to Section 5.11(f), all or a portion of the remaining items of Partnership gross income or gain for such taxable period, after taking into account allocations pursuant to Section 6.1(d)(iii) and Section 6.1(d)(x)(A), shall be
allocated 100% to the holder or holders of the Common Units resulting from the conversion pursuant to Section 5.11(f) (“Converted Common Units”) in the proportion of the number of the Converted Common Units held by such holder
or holders to the total number of Converted Common Units then Outstanding, until each such holder has been allocated an amount of income or gain that increases the Capital Account maintained with respect to such Converted Common Units to an amount
equal to the product of (A) the number of Converted Common Units held by such holder and (B) the Per Unit Capital Amount for a Common Unit (other than a Common Unit issued upon the conversion of a Subordinated Unit, a Class B Unit or a
Class C Unit). The purpose of this allocation is to establish uniformity between the Capital Accounts underlying Converted Common Units and the Capital Accounts underlying most or all of the Common Units held by Persons other than the General
Partner and its Affiliates immediately prior to the receipt of Common Units pursuant to Section 5.11(f). 

  
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 (C) At the election of the General Partner with respect to any taxable period ending upon, or
after, the conversion of the Class C Units into Common Units pursuant to Section 5.12(c), all or a portion of the remaining items of Partnership gross income, gain, deduction or loss for such taxable period, after taking into account
allocations pursuant to Section 6.1(d)(iii), shall be allocated 100% to the holder or holders of the Common Units resulting from the conversion of Class C Units pursuant to Section 5.12(c) (“Converted Class C Units”) in
the proportion of the number of the Converted Class C Units held by such holder or holders to the total number of Converted Class C Units then Outstanding, until each such holder has been allocated an amount of income, gain, loss or deduction that
causes the Capital Account maintained with respect to such Converted Class C Units to an amount equal to the product of (A) the number of Converted Class C Units held by such holder and (B) the Per Unit Capital Amount for a Common Unit
(other than a Common Unit issued upon the conversion of a Subordinated Unit, a Class B Unit or a Class C Unit). The purpose of this allocation is to establish uniformity between the Capital Accounts underlying Converted Class C Units and the Capital
Accounts underlying most or all of the Common Units held by Persons other than the General Partner and its Affiliates immediately prior to the conversion of Class C Units into Common Units. The General Partner shall have discretion as to the
priority of the application of this Section 6.1(d)(x)(C) as compared to Sections 6.1(d)(x)(A) and 6.1(d)(x)(B). 
 14.
Section 6.4(b) of the Partnership Agreement is hereby amended and restated as follows: 
 After Subordination Period. Available
Cash with respect to any Quarter after the Subordination Period that is deemed to be Operating Surplus pursuant to the provisions of Section 6.3 or Section 6.5, subject to Section 17-607 of the Delaware Act, shall be distributed as
follows, except as otherwise required by Section 5.6(b) in respect of additional Partnership Securities issued pursuant thereto: 
 (i)
First, (A) to the General Partner in accordance with its Percentage Interest; and (B) to the Unitholders other than holders of Class C Units, Pro Rata, a percentage equal to 100% less the General Partner’s Percentage Interest, until
there has been distributed in respect of each Common Unit then Outstanding an amount equal to the Minimum Quarterly Distribution for such Quarter; 

(ii) Second, (A) to the General Partner in accordance with its Percentage Interest; and (B) to the Unitholders other than holders of
Class C Units, Pro Rata, a percentage equal to 100% less the General Partner’s Percentage Interest, until there has been distributed in respect of each Common Unit then Outstanding an amount equal to the excess of the First Target Distribution
over the Minimum Quarterly Distribution for such Quarter; 
 (iii) Third, (A) to the General Partner in accordance with its Percentage
Interest; (B) 13% to the holders of the Incentive Distribution Rights, Pro Rata; and (C) to all Unitholders other than holders of Class C Units, Pro Rata, a percentage equal to 100% less the sum of the percentages applicable to subclauses
(A) and (B) of this clause (iii), until there has been distributed in respect of each Common Unit then Outstanding an amount equal to the excess of the Second Target Distribution over the First Target Distribution for such Quarter; 

  
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 (iv) Fourth, (A) to the General Partner in accordance with its Percentage Interest;
(B) 23% to the holders of the Incentive Distribution Rights, Pro Rata; and (C) to all Unitholders other than holders of Class C Units, Pro Rata, a percentage equal to 100% less the sum of the percentages applicable to subclauses
(A) and (B) of this clause (iv), until there has been distributed in respect of each Common Unit then Outstanding an amount equal to the excess of the Third Target Distribution over the Second Target Distribution for such Quarter; and 

(v) Thereafter, (A) to the General Partner in accordance with its Percentage Interest; (B) 48% to the holders of the Incentive
Distribution Rights, Pro Rata; and (C) to all Unitholders other than holders of Class C Units, Pro Rata, a percentage equal to 100% less the sum of the percentages applicable to subclauses (A) and (B) of this clause (v); 

provided, however, if the Minimum Quarterly Distribution, the First Target Distribution, the Second Target Distribution and the Third Target Distribution have
been reduced to zero pursuant to the second sentence of Section 6.6(a), the distribution of Available Cash that is deemed to be Operating Surplus with respect to any Quarter will be made solely in accordance with Section 6.4(b)(v). 

15. Section 6.5 of the Partnership Agreement is hereby amended and restated as follows: 

Section 6.5 Distributions of Available Cash from Capital Surplus 

Available Cash that is deemed to be Capital Surplus pursuant to the provisions of Section 6.3(a) shall, subject to Section 17-607 of
the Delaware Act, be distributed, unless the provisions of Section 6.3 require otherwise, (A) to the General Partner in accordance with its Percentage Interest and (B) to all Unitholders other than holders of Class C Units, Pro Rata,
a percentage equal to 100% less the General Partner’s Percentage Interest, until a hypothetical holder of a Common Unit acquired on the Closing Date has received with respect to such Common Unit, during the period since the Closing Date through
such date, distributions of Available Cash that are deemed to be Capital Surplus in an aggregate amount equal to the Initial Unit Price. Available Cash that is deemed to be Capital Surplus shall then be distributed (A) to the General Partner in
accordance with its Percentage Interest and (B) to all Unitholders other than holders of Class C Units, Pro Rata, a percentage equal to 100% less the General Partner’s Percentage Interest, until there has been distributed in respect of
each Common Unit then Outstanding an amount equal to the Cumulative Common Unit Arrearage. Thereafter, all Available Cash shall be distributed as if it were Operating Surplus and shall be distributed in accordance with Section 6.4. 

16. The heading to Section 6.7 of the Partnership Agreement is hereby amended to read in its entirety: Special Provisions Relating to the
Holders of Subordinated Units, Class B Units and Class C Units. 

  
 15 

 17. Section 6.7 of the Partnership Agreement is hereby amended to add new clauses
(f) and (g) as follows: 
 (f) Except with respect to the right to vote on or approve matters requiring the vote or approval of a
percentage of the holders of Outstanding Common Units and the right to participate in allocations of income, gain, loss and deduction and distributions made with respect to Common Units, the holder of a Class C Unit shall have all of the rights and
obligations of a Unitholder holding Common Units hereunder; provided, however, that such Class C Units shall be and after conversion into Common Units pursuant to Section 5.12 shall remain subject to the provisions of Sections 5.5(c)(iii) and
6.1(d)(x)(C). 
 (g) The holder or holders of Converted Class C Units resulting from the conversion pursuant to Section 5.12(c) of any
Class C Units issued pursuant to Section 5.12 shall not be issued a Common Unit Certificate pursuant to Section 4.1, and shall not be permitted to transfer such Common Units until such time as the General Partner determines, based on
advice of counsel, that each such Common Unit should have, as a substantive matter, like intrinsic economic and federal income tax characteristics, in all material respects, to the intrinsic economic and federal income tax characteristics of an
Initial Common Unit. In connection with the condition imposed by this Section 6.7(g), the General Partner may take whatever steps are required to provide economic uniformity to such Common Units, including the application of
Section 6.1(d)(x)(C); provided, however, that no such steps may be taken that would have a material adverse effect on the Unitholders holding Common Unit Certificates (for this purpose the allocations of items of income, gain, loss or deduction
with respect to Class C Units or with respect to Common Units will be deemed not to have a material adverse effect on the Common Units). 
 II.
Ratification. Except as expressly amended hereby, the Partnership Agreement is hereby ratified and confirmed, and shall continue in full force and effect. 

III. Governing Law. This Amendment shall be construed in accordance with and governed by the laws of the State of Delaware. 

[Signatures on following page] 

  
 16 

 IN WITNESS WHEREOF, the General Partner has executed and delivered this Amendment in accordance with
Section 13.1 of the Partnership Agreement, and as of the date first above written. 
  

			
	GENERAL PARTNER:
	
	Western Gas Holdings, LLC
		
	By:	 	  

	Name:	 	
	Title:

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