Document:

EX-10.2

 Exhibit 10.2 

Form of 
 OMNIBUS
AGREEMENT 
 This Omnibus Agreement (this “Agreement”) is entered into on, and effective as of
            , 2014 (the “Closing Date”), among VTTI B.V., a company incorporated in the Netherlands (“VTTI”), VTTI Energy Partners LP, a
Marshall Islands limited partnership (the “Partnership”), VTTI Energy Partners GP LLC, a Marshall Islands limited liability company and the general partner (the “General Partner”) of the Partnership,
VTTI MLP Partners B.V., a company incorporated in the Netherlands (the “Selling Unitholder”), VTTI MLP Holdings Ltd, a company incorporated in the United Kingdom (“VTTI Holdings”), VTTI MLP B.V., a
company incorporated in the Netherlands (“VTTI Operating”), and, solely for the purposes of Article V, Vitol Holding B.V., a company incorporated in the Netherlands (“Vitol”), and MISC Berhad, a
company incorporated in Malaysia (“MISC”). VTTI, the Partnership, the General Partner, the Selling Unitholder, VTTI Holdings, VTTI Operating, Vitol and MISC may be referred to collectively as the
“Parties” or individually as a “Party”. Capitalized terms used herein are defined in Article I. 

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

2. The Parties desire by their execution of this Agreement to evidence their understanding, as more fully set forth in
Article III, with respect to the granting of certain licenses between the Parties. 
 3. The Parties desire by their execution
of this Agreement to evidence their understanding, as more fully set forth in Article IV, with respect to the Partnership Group’s right of first offer with respect to the Sale Assets. 

4. The Parties desire by their execution of this Agreement to evidence their understanding, as more fully set forth in Article V,
with respect to VTTI’s guarantee of the rates of certain capacity currently contracted by Vitol and its Affiliates other than the Partnership Group (collectively, the “Vitol Entities”) under certain terminaling services
agreements. 
 5. The Parties desire by their execution of this Agreement to evidence their understanding, as more fully set forth in
Article VI, with respect to the transfer to VTTI of certain development assets held by ATT Tanjung Bin Sdn Bhd (“ATB”), a company incorporated and existing under the laws of Malaysia and a Group Member. 

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 agree as follows: 

  
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 ARTICLE I 

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

“Affiliate” is defined in the Partnership Agreement. 

“Agreement” is defined in the preamble.  

“Assets” means all pipelines, storage tanks, trucks, truck racks, terminal facilities, barge docks, pump
stations, metering stations, vehicles, related equipment, offices, real estate, contracts and other assets, or portions thereof, owned, leased or otherwise held by any entity, any equity interests of which were, directly or indirectly, conveyed,
contributed or otherwise transferred or intended to be conveyed, contributed or otherwise transferred pursuant to the Contribution Agreement to any Group Member, or owned by, leased by or necessary for the operation of the business, properties or
assets of any Group Member as of the Closing Date. 
 “ATB” is defined in the
recitals. 
 “ATB Phase 2” means the proposed expansion of ATB’s existing storage
terminal in Johore, Malaysia to add approximately 250,000 cubic meters of additional storage capacity, a sixth berth at the jetty of the storage terminal and the acquisition, construction or development of related infrastructure and equipment.

 “Closing Date” is defined in the preamble. 

“Common Units” is defined in the Partnership Agreement. 

“Confidential Information” means any proprietary or confidential information that is competitively
sensitive material or otherwise of value to a Party or its Affiliates and not generally known to the public, including trade secrets, scientific or technical information, design, invention, process, procedure, formula, improvements, product planning
information, marketing strategies, financial information, information regarding operations, consumer and/or customer relationships, consumer and/or customer identities and profiles, sales estimates, business plans, and internal performance results
relating to the past, present or future business activities of a Party or its Affiliates and the consumers, customers, clients and suppliers of any of the foregoing. Confidential Information includes such information as may be contained in or
embodied by documents, substances, engineering and laboratory notebooks, reports, data, specifications, computer source code and object code, flow charts, databases, drawings, pilot plants or demonstration or operating facilities, diagrams,
specifications, bills of material, equipment, prototypes and models, and any other tangible manifestation (including data in computer or other digital format) of the foregoing; provided,
however, that Confidential Information does not include information that a receiving Party can show (A) has been published or has otherwise become available to the general public as part of the public domain
without breach of this Agreement, (B) has been furnished or made known to the receiving Party without any obligation to keep it confidential by a third party under circumstances which are not known to the receiving Party to involve a breach of
the third party’s obligations to a Party or (C) was developed independently of information furnished or made available to the receiving Party as contemplated under this Agreement. 

  
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 “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 VTTI, the General Partner, the Partnership, VTTI Operating, VTTI Holdings and the Selling Unitholder, together with the additional conveyance documents and instruments contemplated or
referenced thereunder, as such may be amended, supplemented or restated from time to time. 

“Environmental Deductibles” is defined in Section 2.5(b).  

“Environmental Laws” means all international, federal, state, foreign and local laws, statutes, rules,
regulations, treaties, conventions, orders, judgments and ordinances having the force and effect of law and relating to protection of natural resources, health and safety and the environment, each in effect and as amended through the Closing Date.
 
 “Environmental Losses” means any Loss suffered or incurred by reason of or arising
out of (i) any violation of Environmental Laws; or (ii) any environmental event, condition or matter (including the presence of Hazardous Substances on, under, about or migrating to or from the Assets or the disposal or the release of
Hazardous Substances generated by operation of the Assets at non-Asset locations) including (A) the cost and expense of any investigation, assessment, evaluation, monitoring, containment, cleanup, repair, restoration, remediation, risk-based
closure activities, or other corrective action required or necessary under Environmental Laws and (B) the cost and expense of the preparation and implementation of any closure, remedial, corrective action, or other plans required or necessary
under Environmental Laws.  
 “General Partner” is defined in the preamble. 

 “Governmental Authority” means any federal, state, tribal, foreign or local governmental
entity, authority, department, court or agency, including any political subdivision thereof, exercising, or entitled to exercise, any administrative, executive, judicial, legislative, police, regulatory or taxing authority or power of any nature,
and including any arbitrating body, commission or quasi-governmental authority or self-regulating organization of competent authority exercising or enlisted to exercise similar power or authority. 

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

“Guarantee Period” means the respective periods associated with each Vitol Terminaling Services
Agreement listed in Schedule A beginning on June 30, 2014 and ending on the Guarantee Period Expiration Date as set forth in Schedule A.  

“Guarantee Period Expiration Date” means the respective expiration dates for each Guarantee Period
associated with the Vitol Terminaling Services Agreements listed in Schedule A. 

  
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 “Hazardous Substance” means (a) any substance, whether
solid, liquid, gaseous, semi-solid, or any combination thereof, that is designated, defined or classified as a hazardous waste, solid waste, hazardous material, pollutant, contaminant or toxic or hazardous substance, or terms of similar meaning, or
that is otherwise regulated under any Environmental Law and (b) petroleum, oil, gasoline, natural gas, fuel oil, motor oil, waste oil, diesel fuel, jet fuel and other refined petroleum hydrocarbons.  

“Indemnified Party” means either a Group Member or VTTI, as the case may be, each in its capacity as the
party entitled to indemnification in accordance with Article II. 
 “Indemnifying
Party” means either a Group Member or VTTI, as the case may be, each in its capacity as the party from whom indemnification may be sought in accordance with Article II. 

“Known Environmental Losses” is defined in Section 2.1(a). 

“Known Environmental Losses Deductible” is defined in Section 2.5(a). 

“License” is defined in Section 3.1. 

“Limited Partner” is defined in the Partnership Agreement. 

“Losses” means any losses, damages, liabilities, claims, demands, causes of action, judgments,
settlements, fines, penalties, costs and expenses (including court costs and reasonable attorney’s and expert’s fees) of any and every kind or character, known or unknown, fixed or contingent. 

“Marks” is defined in Section 3.1. 

“Mediation Notice” is defined in Section 7.2(b). 

“MISC” is defined in the preamble.  

“Partnership” is defined in the preamble.  

“Partnership Agreement” means the First Amended and Restated Agreement of Limited Partnership of VTTI
Energy Partners LP, dated as of the Closing Date. 
 “Partnership Change of Control”
means the Selling Unitholder and its Affiliates cease to control, directly or indirectly, the general partner of the Partnership. For purposes of this definition, “control” means the possession, directly or indirectly, of the
power to direct or cause the direction of the management and policies of the general partner of the Partnership, whether through ownership of voting securities, by contract, or otherwise. 

“Partnership Group” means the Partnership and its Subsidiaries, including VTTI Holdings, VTTI Operating
and its Subsidiaries, treated as a single consolidated entity.  
 “Party” and
“Parties” are defined in the preamble. 

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

“Proposed Transaction” is defined in Section 4.2(a). 

“Remediation Date” means the respective dates of formal closure of the remediation projects described in Schedule
B. 
 “Representative” is defined in Section 7.1(a). 

“Retained Assets” means all pipelines, storage tanks, vehicles, truck racks, terminal facilities, offices and related
equipment, real estate, contracts and other related assets, or portions thereof owned by VTTI that were not owned, leased or otherwise held by any entity, any equity interests of which were, directly or indirectly, conveyed, contributed or otherwise
transferred to any Group Member pursuant to the Contribution Agreement or the other documents referenced in the Contribution Agreement. 

“ROFO Asset” is defined in Section 4.2(a). 

“ROFO Notice” is defined in Section 4.2(a). 

“ROFO Period” is defined in Section 4.1(c). 

“ROFO Response” is defined in Section 4.2(b). 

“ROFO Review Period” is defined in Section 4.2(b). 

“Sale Assets” means any right, title or interests in the VTTI Entities’ existing assets and any terminaling and
other energy infrastructure assets that any of them may acquire or construct in the future, which assets shall include the terminal facilities, pipelines, storage tanks, equipment, machinery, docks and the real property appurtenant thereto. 

“Selling Unitholder” is defined in the preamble. 

“Subject Assets” is defined in Section 6.1. 

“Subordinated Units” is defined in the Partnership Agreement. 

“Subsidiary” is defined in the Partnership Agreement. 

“Transfer” including the correlative terms “Transferred” or
“Transferring” 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 any assets,
property or rights, but excludes, for the purposes of Article IV, any pledge, hypothecation or granting of a lien for security purposes by a VTTI Entity. 

“Unknown Environmental Losses” means Environmental Losses other than the Known Environmental Losses. 

  
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 “Unknown Environmental Losses Deductible” is defined in Section
2.5(b). 
 “Vitol” is defined in the preamble. 

“Vitol Entities” is defined in the recitals. 

“Vitol Terminaling Services Agreements” means the respective terminaling services agreements listed on Schedule
A. 
 “VTTI” is defined in the preamble. 

“VTTI Entities” means VTTI and each of its Affiliates, other than a Group Member. 

“VTTI Guarantee Amount” is defined in Section 5.1. 

“VTTI Holdings” is defined in the preamble. 

“VTTI Operating” is defined in the preamble. 

“VTTI Operating Articles of Association” means the Articles of Association of VTTI Operating, as amended from time to
time. 
 1.2 Rules of Construction. Unless expressly provided for elsewhere in this Agreement, this Agreement shall be interpreted in
accordance with the following provisions: 
 (a) If a word or phrase is defined, its other grammatical forms have a corresponding meaning.

 (b) The headings contained in this Agreement are for reference purposes only and shall not affect the meaning or interpretation of this
Agreement. 
 (c) A reference to any Party to this Agreement or another agreement or document includes the Party’s successors and
assigns. 
 (d) The words “hereof,” “herein” and “hereunder” and words of similar import when used in this
Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement, and article, section, subsection and schedule references are to this Agreement unless otherwise specified. 

(e) The words “including,” “include,” “includes” and all variations thereof shall mean “including without
limitation.” 
 (f) The word “or” shall have the inclusive meaning represented by the phrase “and/or.” 

(g) The words “shall” and “will” have equal force and effect. 

(h) The schedules identified in this Agreement are incorporated herein by reference and made a part of this Agreement. 

(i) References to “$” or to “dollars” shall mean the lawful currency of the United States of America. 

  
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 ARTICLE II 

INDEMNIFICATION 
 2.1
VTTI Environmental Indemnification Obligations. 
 (a) Subject to Section 2.5, VTTI shall indemnify, defend and hold
harmless each Group Member from and against the Environmental Losses described on Schedule B (the “Known Environmental Losses”), but only to the extent that the event, action, omission, violation, exposure or release
giving rise to such Environmental Losses occurred or existed on or before the Closing Date, whether discovered before or after the Closing Date, even if such Environmental Losses do not accrue until after the Closing Date. Any claim for
indemnification in respect of this Section 2.1(a) must be made before the fifth anniversary of the applicable Remediation Date. 

(b) Subject to Section 2.1(c) and Section 2.5, VTTI shall indemnify, defend and hold harmless each Group Member from and against
(i) any Unknown Environmental Losses arising from the ownership or operation of the Assets but only to the extent that the event, action, omission, violation, exposure or release giving rise to such Environmental Losses occurred or existed on
or before the Closing Date, whether discovered before or after the Closing Date, even if such Environmental Losses do not accrue until after the Closing Date, and (ii) any Environmental Losses associated with or arising from the Retained
Assets, whether occurring before, on or after the Closing Date. 
 (c) Except for obligations with respect to claims made in accordance with
Section 2.4 prior to the fifth anniversary of the Closing Date (which obligations shall not terminate), all indemnification obligations pursuant to Section 2.1(b)(i) shall terminate on the fifth anniversary of the Closing
Date. 
 2.2 Partnership Indemnification Obligations. 

(a) The Partnership shall indemnify, defend and hold harmless VTTI from and against any Environmental Losses suffered or incurred by any of
the VTTI Entities, directly or indirectly, arising from the ownership or operation of the Assets after the Closing Date, except to the extent that the Partnership Group is indemnified with respect to any such Environmental Losses pursuant to
Section 2.1 above (without giving effect to the Environmental Deductibles). 
 (b) The Partnership shall indemnify, defend and
hold harmless VTTI from and against any Losses suffered or incurred by any of the VTTI Entities by reason of or arising out of local events, occurrences and conditions arising from the ownership of the Assets after the Closing Date. 

2.3 Additional Indemnification. In addition to and not in limitation of the indemnification provided under Section 2.1 and
Section 2.2, VTTI shall indemnify, defend and hold harmless each Group Member from and against any Losses suffered or incurred by such Group Member by reason of or arising out of: 

(a) failure to convey good and indefeasible title to the Assets to one or more members of the Partnership Group, and such failure renders the
Partnership Group unable to use or operate the Assets in substantially the same manner as they were operated by the VTTI Entities immediately prior to the Closing Date with respect to such Assets; 

  
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 (b) local events, occurrences and conditions arising from the ownership of the Retained Assets,
whether occurring before, on or after the Closing Date; 
 (c) all federal, state, foreign and local tax liabilities attributable to the
ownership or operation of the Assets on or prior to the Closing Date, including under Treasury Regulation Section 1.1502-6, as it may be amended (or any similar provision of state, foreign or local law), and any such tax liabilities that may
result from the consummation of the formation transactions for the Partnership Group and the General Partner occurring prior to the Closing Date or from the consummation of the transactions contemplated by the Contribution Agreement; 

(d) the failure of any Group Member to have on the Closing Date or as soon as reasonably practicable thereafter any consent, license, permit
or approval necessary to allow such Group Member to own or operate the Assets in substantially the same manner that the Assets were owned or operated immediately prior to the Closing Date; and 

(e) the ownership, development, construction, operation or transfer of the Subject Assets as contemplated by Article VI. 

2.4 Indemnification Procedures. 

(a) The Indemnified Party agrees that within a reasonable period of time after it becomes aware of facts giving rise to a claim for
indemnification under this Article II, 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 II, including the selection of counsel, determination of whether to appeal any decision of any court and the settling of any such claim or any
matter or any issues relating thereto; provided, however, that no such settlement for only the payment of money shall be entered into without the consent of the Indemnified Party unless it includes a full release of the Indemnified
Party from such claim; provided further, that no such settlement containing any form of injunctive or similar relief shall be entered into without the prior written consent of the Indemnified Party, which consent shall not be unreasonably
delayed or withheld. 
 (c) The Indemnified Party agrees to cooperate in good faith and in a commercially reasonable manner with the
Indemnifying Party, with respect to all aspects of the defense of and pursuit of any counterclaims with respect to any claims covered by the indemnification under this Article II, including 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 and 

  
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counterclaims, 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 counterclaims, the making available to the Indemnifying Party of any employees of the Indemnified Party and the granting to the Indemnifying Party of reasonable access rights to the properties and facilities 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 maintain the confidentiality of all
files, records and other information furnished by the Indemnified Party pursuant to this Section 2.4. The obligation of the Indemnified Party to cooperate with the Indemnifying Party as set forth in the immediately preceding sentence
shall not be construed as imposing upon the Indemnified Party an obligation to hire and pay for counsel in connection with the defense of and pursuit of any counterclaims with respect to any claims covered by the indemnification set forth in this
Article II; 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 and counterclaims. The Indemnifying Party agrees to keep any such
counsel hired by the Indemnified Party informed as to the status of any such defense or counterclaim, but the Indemnifying Party shall have the right to retain sole control over such defense and counterclaims so long as the Indemnified Party is
still seeking indemnification hereunder. 
 (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 such correlative insurance benefit shall be net of any
incremental insurance premium that becomes due and payable by the Indemnified Party as a result of such claim and (ii) all amounts recovered by the Indemnified Party under contractual indemnities from third Persons. 

2.5 Limitations Regarding Indemnification. 

(a) With respect to Known Environmental Losses under Section 2.1(a), VTTI shall not be obligated to indemnify, defend and hold
harmless any Group Member until such time as the total aggregate amount of Losses incurred by the Partnership Group for such Known Environmental Losses exceeds $29.8 million (the “Known Environmental Losses Deductible”), at
which time VTTI shall be obligated to indemnify the Partnership Group for the excess of such Known Environmental Losses over the Known Environmental Losses Deductible. 

(b) With respect to Unknown Environmental Losses under Section 2.1(b)(i), VTTI shall not be obligated to indemnify, defend and
hold harmless any Group Member until such time as the total aggregate amount of Losses incurred by the Partnership Group for such Unknown Environmental Losses exceeds $500,000 (the “Unknown Environmental Losses Deductible”
and, together with the Known Environmental Losses Deductible, the “Environmental Deductibles”), at which time VTTI shall be obligated to indemnify the Partnership Group for the excess of such Unknown Environmental Losses over
the Unknown Environmental Losses Deductible. The aggregate liability of VTTI under Section 2.1(b)(i) above for all Unknown Environmental Losses shall not exceed $10,000,000. 

(c) For the avoidance of doubt, there is no deductible with respect to the indemnification owed by any Indemnifying Party under any portion of
this Article II other than 

  
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that described in Section 2.5(a) and Section 2.5(b) and no monetary cap on the amount of indemnity coverage provided by any Indemnifying Party under this Article II
other than that described in Section 2.5(a) and Section 2.5(b). 
 (d) NOTWITHSTANDING ANYTHING HEREIN TO THE
CONTRARY, IN NO EVENT SHALL ANY PARTY’S INDEMNIFICATION OBLIGATION HEREUNDER COVER OR INCLUDE CONSEQUENTIAL, INDIRECT, INCIDENTAL, PUNITIVE, EXEMPLARY, SPECIAL OR SIMILAR DAMAGES OR LOST PROFITS (INCLUDING ANY DIMINUTION IN VALUE OF ANY
PARTY’S RESPECTIVE INVESTMENT IN THE PARTNERSHIP) SUFFERED, DIRECTLY OR INDIRECTLY, BY ANY OTHER PARTY ENTITLED TO INDEMNIFICATION UNDER THIS AGREEMENT, EXCEPT AS A REIMBURSEMENT FOR ANY SUCH DAMAGES AS ARE PAID TO A GOVERNMENTAL ENTITY OR
OTHER THIRD PARTY. 
 ARTICLE III 

LICENSES OF MARKS 
 3.1
Grant of License of Marks. Upon the terms and conditions set forth in this Article III, VTTI hereby grants and conveys to the Partnership and each of the entities currently or hereafter comprising a part of the Partnership Group a
nontransferable, nonexclusive, royalty-free right and license (the “License”) to use the name “VTTI” and any other service marks, trademarks and tradenames owned by VTTI (collectively, the
“Marks”). 
 3.2 Ownership and Quality of Marks. The Partnership, on behalf of itself and the other Group
Members, agrees that ownership of the Marks and the goodwill relating thereto shall remain vested in VTTI during the term of the License and thereafter. The Partnership agrees, and agrees to cause the other Group Members, never to challenge, contest
or question the validity of VTTI’s ownership of the Marks or any registration thereof by VTTI. In connection with the use of the Marks, the Partnership and any other Group Member shall not in any manner represent that they have any ownership in
the Marks or registration thereof. The Partnership, on behalf of itself and the other Group Members, acknowledges that the use of the Marks shall not create any right, title or interest in or to the Marks, and all use of the Marks by the Partnership
or any other Group Member shall inure to the benefit of VTTI. The Partnership agrees, and agrees to cause the other Group Members, to use the Marks in accordance with such quality standards established by VTTI and communicated to the Partnership
Group from time to time, it being understood that the products and services offered by the Group Members as of the Closing Date are of a quality that is acceptable to VTTI. 

3.3 Termination. The License shall terminate upon the termination of this Agreement pursuant to Section 7.5. 

ARTICLE IV 
 RIGHT OF
FIRST OFFER 
 4.1 Right of First Offer to Purchase Certain Assets. 

(a) VTTI hereby grants to the Partnership a right of first offer on any proposed Transfer of any Sale Asset (other than Sale Assets
Transferred to an Affiliate of VTTI who agrees in writing that such Sale Asset remains subject to the provisions of this Article IV and assumes the obligations under this Article IV with respect to such Sale Asset). 

  
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 (b) The Parties acknowledge that any Transfer of Sale Assets pursuant to the Partnership’s
right of first offer is subject to the terms of all existing agreements with respect to the Sale Assets and shall be subject to and conditioned on the obtaining of any and all necessary consents of security holders, Governmental Authorities, lenders
or other third parties. 
 (c) This right of first offer given pursuant to Section 4.1(a) is granted for a period (the
“ROFO Period”) beginning at the Closing Date and ending on the occurrence of a Partnership Change of Control. 
 4.2
Procedures for Right of First Offer. 
 (a) If a VTTI Entity proposes to Transfer any Sale Asset during the ROFO Period (other than
to an Affiliate as described in Section 4.1(a)) (any such Sale Asset, a “ROFO Asset”, and any such transaction, a “Proposed Transaction”), VTTI shall or shall cause such VTTI Entity to,
prior to entering into any such Proposed Transaction, first give notice in writing to the Partnership (the “ROFO Notice”) of its intention to enter into such Proposed Transaction. The ROFO Notice shall include any material
terms, conditions and other details as would be reasonably necessary for the Partnership to make a responsive offer to enter into the Proposed Transaction with the applicable VTTI Entity, which terms, conditions and details shall include any
material terms, conditions or other details that such VTTI Entity would propose to provide to non-Affiliates in connection with the Proposed Transaction. 

(b) The Partnership shall have 30 days following receipt of the ROFO Notice (the “ROFO Review Period”) to propose an
offer to enter into the Proposed Transaction with such VTTI Entity (the “ROFO Response”). The ROFO Response shall set forth the terms and conditions (including the purchase price the Partnership proposes to pay for the ROFO
Asset and the other terms of the purchase) pursuant to which the Partnership would be willing to enter into a binding agreement for the Proposed Transaction. 

(i) If the Partnership submits a ROFO Response within the ROFO Review Period, the Partnership and VTTI shall negotiate, in good
faith, the terms of the purchase and sale of the ROFO Asset for 30 days following the receipt of the ROFO Response by the VTTI Entity. If VTTI and the Partnership are unable to agree on such terms during such 30-day period, the VTTI Entity may
Transfer the ROFO Asset to any third party during a 180-day period following the expiration of such 30-day period on terms and conditions determined in the sole discretion of VTTI. 

(ii) If the Partnership fails to submit a ROFO Response within the ROFO Review Period, then the Partnership shall be deemed to
have waived its right of first offer with respect to such ROFO Asset, and, for a 180-day period after the expiration of the ROFO Review Period, the applicable VTTI Entity shall be free to Transfer the ROFO Asset to any third party on terms and
conditions determined in the sole discretion of VTTI. 

  
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 (iii) If the closing of the Transfer of the ROFO Asset does not occur within
either of the 180-day periods set forth in clauses (i) and (ii) above, then the ROFO Asset in question shall once again become subject to the restrictions of this Section 4.2, and the VTTI Entity shall no longer be permitted to
Transfer such ROFO Asset without again fully complying with the provisions of this Section 4.2. 
 (c) If the Partnership and a
VTTI Entity agree to Transfer a ROFO Asset pursuant to the provisions of this Section 4.2, the Selling Unitholder and VTTI Holdings hereby agree to grant their approval as required under any applicable share transfer restrictions in the
VTTI Operating Articles of Association. 
 ARTICLE V 

GUARANTEES BY VTTI 

5.1 Guarantees by VTTI. If, during the Guarantee Period, (a) a member of the Vitol Entities does not renew an
expiring Vitol Terminaling Services Agreement and (b) Vitol or another party does not enter into a new agreement in substitution for such expiring Vitol Terminaling Services Agreement, in each case providing for aggregate monthly payments to
Group Members during the Guarantee Period equal to or greater than the aggregate monthly payments to Group Members during the Guarantee Period under the expiring Vitol Terminaling Services Agreements as such agreements existed on the Closing Date,
then VTTI hereby agrees to pay to VTTI Operating, on a monthly basis during the Guarantee Period, an amount (the “VTTI Guarantee Amount”) equal to (x) the aggregate monthly amount that Vitol would have been obligated to
pay to all Group Members under all Vitol Terminaling Services Agreements, assuming each such agreement remained in full force and effect during the Guarantee Period as such agreements existed on the Closing Date,
less (y) the aggregate monthly amount that the Group Members receive during such monthly period with respect to the use of the capacity under the Vitol Terminaling Services Agreements, whether by Vitol or a
third party. Such payments by VTTI, if any, shall be made on the same terms and subject to the same conditions as are contained in the expired Vitol Terminaling Services Agreement.  

5.2 Guarantees by Vitol and MISC. If VTTI fails to make the payments contemplated by Section 5.1 within 15 days after the
end of each calendar month, then Vitol and MISC, jointly and severally, agree to pay the VTTI Guarantee Amount to VTTI Operating no later than the second business day after such failure to pay. Solely as between Vitol and MISC, and without limiting
the joint and several obligations of Vitol and MISC under the first sentence of this Section 5.2, Vitol and MISC agree that each of them shall be responsible for 50% of the VTTI Guarantee Amount. 

5.3 Breach of Vitol Terminaling Services Agreements by Group Members. If a Vitol Entity terminates a Vitol Terminaling Services
Agreement in connection with a breach of such agreement by the Group Member party thereto, the provisions of Section 5.1 shall be inapplicable to that Vitol Terminaling Services Agreement. 

  
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 ARTICLE VI 

TRANSFER OF ATB PHASE 2 

6.1 Transfer of the Subject Assets. Each of the Partnership and VTTI Operating hereby agree to cause ATB to transfer to VTTI or any of
its designated Affiliates (other than a Group Member) all of ATB’s right, title, interest and estate, real or personal, recorded or unrecorded, movable or immovable, tangible or intangible, in and to all infrastructure, equipment, machinery,
fixtures, contracts, agreements, permits, licenses and any other assets (collectively, the “Subject Assets”) that are related solely to the development, construction or operation of ATB Phase 2 in exchange for the full and
unconditional assumption by VTTI of any and all obligations and liabilities of ATB or any of its Affiliates, known or unknown, with respect to the Subject Assets, regardless of whether such obligations or liabilities arose prior to, on or after the
Closing Date, including but not limited to all obligations or liabilities arising from or under Environmental Laws with respect to conditions existing on, before or after the Closing Date. 

6.2 Timing of Transfer. Each of VTTI, the Partnership and VTTI Operating agree that the transfer of the Subject Assets shall take place
as promptly as reasonably practicable after the Closing Date. 
 6.3 Revenues, Costs and Expenses Associated with Ownership and Operation
of ATB Phase 2. The Parties agree that VTTI shall be entitled to all revenues and shall bear all costs and expenses of every type and character relating, directly or indirectly, to the ownership and operation of ATB Phase 2 from and after the
Closing Date. 
 6.4 Costs and Expenses Associated with Transfer. The Parties agree that VTTI shall bear all costs and expenses of
every type and character relating, directly or indirectly, to the transfer of the Subject Assets. 
 6.5 No Other Transfers. For the
avoidance of doubt, no Group Member shall be obligated to transfer any infrastructure, equipment, machinery, fixture, contract, agreement, permit, license or any other asset that is not solely related to ATB Phase 2, including, without limitation,
any such asset that is used or useful, whether in whole or in part, in respect of any other aspect of ATB’s business. 
 ARTICLE VII

 MISCELLANEOUS 

7.1 Confidentiality. 

(a) From and after the Closing Date, each of the Parties shall hold, and shall cause their respective Subsidiaries and Affiliates and its and
their directors, officers, employees, agents, consultants, advisors and other representatives (collectively, “Representatives”) to hold, all Confidential Information in strict confidence, with at least the same degree of care
that applies to such Party’s confidential and proprietary information and shall not use such Confidential Information and shall not release or disclose such Confidential Information to any other Person, except its Representatives or except as
required by applicable law. Each Party shall be responsible for any breach of this section by any of its Representatives. 

  
 13 

 (b) If a Party receives a subpoena or other demand for disclosure of Confidential Information
received from any other Party or must disclose to a Governmental Authority any Confidential Information received from such other Party in order to obtain or maintain any required governmental approval, the receiving Party shall, to the extent
legally permissible, provide notice to the providing Party before disclosing such Confidential Information. Upon receipt of such notice, the providing Party shall promptly either seek an appropriate protective order, waive the receiving Party’s
confidentiality obligations hereunder to the extent necessary to permit the receiving Party to respond to the demand, or otherwise fully satisfy the subpoena or demand or the requirements of the applicable Governmental Authority. If the receiving
Party is legally compelled to disclose such Confidential Information or if the providing Party does not promptly respond as contemplated by this Section 7.1, the receiving Party may disclose that portion of Confidential Information
covered by the notice or demand. 
 (c) Each Party acknowledges that the disclosing Party would not have an adequate remedy at law for the
breach by the receiving Party of any one or more of the covenants contained in this Section 7.1 and agrees that, in the event of such breach, the disclosing Party may, in addition to the other remedies that may be available to it, apply
to a court for an injunction to prevent breaches of this Section 7.1 and to enforce specifically the terms and provisions of this Section 7.1. Notwithstanding any other section hereof, to the extent permitted by applicable
law, the provisions of this Section 7.1 shall survive the termination of this Agreement. 
 7.2 Choice of Law; Mediation;
Submission to Jurisdiction. 
 (a) This Agreement shall be subject to and governed by the laws of the State of Delaware, 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 OF THE PARTIES HERETO AGREES THAT THIS AGREEMENT INVOLVES AT LEAST U.S. $100,000.00 AND THAT THIS AGREEMENT
HAS BEEN ENTERED INTO IN EXPRESS RELIANCE UPON 6 Del. C. § 2708. EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES (i) TO BE SUBJECT TO THE JURISDICTION OF THE COURTS OF THE STATE OF DELAWARE AND OF THE FEDERAL COURTS
SITTING IN THE STATE OF DELAWARE, AND (ii) TO THE EXTENT SUCH PARTY IS NOT OTHERWISE SUBJECT TO SERVICE OF PROCESS IN THE STATE OF DELAWARE, EACH PARTY CONSENTS TO THE SERVICE OF PROCESS OF ANY SUCH COURTS IN ANY SUCH ACTION OR PROCEEDING BY
THE MAILING OF COPIES THEREOF BY REGISTERED OR CERTIFIED MAIL, POSTAGE PREPAID, AT ITS ADDRESS PROVIDED HEREIN. 
 (b) If the Parties cannot
resolve any dispute or claim arising under this Agreement, then no earlier than 10 days nor more than 60 days following written notice to the other Parties, any Party may initiate mandatory, non-binding mediation hereunder by giving a notice of
mediation (a “Mediation Notice”) to the other Parties to the dispute or claim. In connection with any mediation pursuant to this Section 7.2, the mediator shall be jointly appointed by the Parties to the dispute
or claim and the mediation shall be conducted in London, United Kingdom unless otherwise agreed by the Parties to the dispute or claim. All costs and expenses of the mediator appointed pursuant to this section shall be shared equally by the Parties

  
 14 

 
to the dispute or claim. The then-current Model ADR Procedures for Mediation of Business Disputes of the International Institute for Conflict Prevention and Resolution, either as written or as
modified by mutual agreement of the Parties to the dispute or claim, shall govern any mediation pursuant to this section. In the mediation, each Party to the dispute or claim shall be represented by one or more senior representatives who shall have
authority to resolve any disputes. If a dispute or claim has not been resolved within 30 days after the receipt of the Mediation Notice by a Party, then any Party to the dispute or claim may refer the resolution of the dispute or claim to
litigation. 
 (c) Subject to Section 7.2(b), each Party agrees that it shall bring any action or proceeding in respect of any
claim arising out of or related to this Agreement, whether in tort or contract or at law or in equity, exclusively in any federal or state courts located in Delaware and (i) irrevocably submits to the exclusive jurisdiction of such courts,
(ii) waives any objection to laying venue in any such action or proceeding in such courts, (iii) waives any objection that such courts are an inconvenient forum or do not have jurisdiction over it and (iv) agrees that, to the fullest
extent permitted by law, service of process upon it may be effected by mailing a copy thereof by registered or certified mail (or any substantially similar form of mail), postage prepaid, to it at its address specified in Section 7.3.
The foregoing consents to jurisdiction and service of process shall not constitute general consents to service of process in the State of Delaware for any purpose except as provided herein and shall not be deemed to confer rights on any Person other
than the Parties. 
 7.3 Notice. All notices or requests or consents provided for by, or permitted to be given pursuant to, this
Agreement must be in writing and must be given by e-mail or United States mail, addressed to the Person to be notified, postpaid, and registered or certified with return receipt requested or by delivering such notice in person or by facsimile to
such Party. Notice given by personal delivery or mail shall be effective upon actual receipt. Notice given by e-mail shall be effective upon actual receipt if received during the recipient’s normal business hours or at the beginning of the
recipient’s next business day after receipt if not received 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 set forth below or at such other
address as such Party may stipulate to the other Parties in the manner provided in this Section 7.3. 
  

			
	If to VTTI or the Selling Unitholder:
		
		 	 K.P. van der Mandelelaan 130
 3062 MB Rotterdam,
The Netherlands
 Attn: Management Board

	
	If to Vitol:
		
		 	 Martank B.V.
 K.P. van der Mandelelaan 130

3062 MB Rotterdam, the Netherlands
 Fax: +31 10 453 1663

Attn: the Management Board

  
 15 

			
	
	If to MISC:
		
		 	 MTTI Sdn. Bhd.
 Level 25, Menara Dayabumi,

Jalan Sultan Hishamuddin
 50050 Kuala Lumpur

Malaysia
 Attn: General Counsel

	
	If to any Group Member:
		
		 	 VTTI Energy Partners LP
 c/o VTTI Energy
Partners GP LLC, its General Partner
 25-27 Buckingham Palace Road

London, SW1W 0PP, United Kingdom
 Attn: Chief Financial
Officer

 7.4 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. 

7.5 Termination of Agreement. This Agreement, other than the provisions set forth in Article II hereof, may be terminated
(a) by the written agreement of all of the Parties or (b) by the Partnership immediately upon a Partnership Change of Control by written notice given to the other Parties to this Agreement. For the avoidance of doubt, the Parties’
indemnification obligations under Article II shall, to the fullest extent permitted by law, survive the termination of this Agreement in accordance with their respective terms. 

7.6 Amendment or Modification. This Agreement may be amended or modified from time to time only by the written agreement of all the
Parties; 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, in the reasonable discretion of the General Partner, would
be adverse in any material respect to 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. 

7.7 Assignment. No Party shall have the right to assign its rights or obligations under this Agreement without the consent of the other
Parties; provided, however, that the Partnership Group may make a collateral assignment of this Agreement solely to secure financing for the Partnership Group. 

7.8 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 and shall be construed together and shall constitute one and the same instrument. 
 7.9 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. 

7.10 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. 

  
 16 

 7.11 Rights of Limited Partners. The provisions of this Agreement are enforceable solely
by the Parties to this Agreement, and no Limited Partner or other interest holder of the Partnership 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. 
 [Remainder of page intentionally left blank] 

  
 17 

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

			
	VTTI B.V.
		
	By:	 	  

	
	 VTTI Energy Partners LP
 By:
VTTI Energy Partners GP LLC,
 its general partner

		
	By:	 	  

	
	VTTI Energy Partners GP LLC
		
	By:	 	  

	
	VTTI MLP Partners B.V.
		
	By:	 	  

	
	VTTI MLP Holdings Ltd
		
	By:	 	  

	
	VTTI MLP B.V.
		
	By:	 	  

  
 [Signature Page
to Omnibus Agreement] 

 
			
	VITOL HOLDING B.V.
		
	By:	 	  

	
	MISC BERHAD
		
	By:	 	  

 [Signature Page to Omnibus Agreement] 

 SCHEDULE A 

GUARANTEES 
  

							
	 Terminal
	  	 Vitol Terminaling Services Agreement
	  	 Vitol Terminaling
Services Agreement
Expiration Date
	  	 Guarantee Period
Expiration Date

	 Amsterdam
	  	Contract for the Storage and Handling of Gasoil and Gasoil Components, dated as of August 1, 2012, between EuroTank Amsterdam BV and Vitol S.A., amended by Amendment Agreement, dated as of March 1, 2013, between EuroTank Amsterdam
BV and Vitol S.A.	  	July 31, 2014	  	June 30, 2019
				
	 Amsterdam
	  	Gasoil Storage Agreement, dated as of August 15, 2009, between EuroTank Amsterdam BV and Vitol S.A., amended by Amendment Agreement, dated as of February 1, 2011, between EuroTank Amsterdam BV and Vitol S.A.	  	July 31, 2014	  	June 30, 2019
				
	 Amsterdam
	  	Storage and Handling Contract, dated as of January 1, 2011, between EuroTank Amsterdam BV and Vitol S.A.	  	December 31, 2015	  	June 30, 2019
				
	 Antwerp
	  	Term Storage Contract, dated as of August 15, 2010, between Antwerp Terminal and Processing Company and Vitol S.A.	  	January 12, 2015	  	June 30, 2017
				
	 Antwerp
	  	Term Storage Contract, dated as of August 15, 2010 between Antwerp Terminal and Processing Company and Vitol S.A.	  	September 15, 2015	  	June 30, 2017
				
	 Antwerp
	  	Term Storage Contract, dated as of September 17, 2010 between Antwerp Terminal and Processing Company and Vitol S.A., as amended by Amendment Agreement, dated as of March 26, 2012 between Antwerp Terminal and Processing Company and
Vitol S.A., as amended by Amendment II, dated as of May 29, 2012, between Antwerp Terminal and Processing Company and Vitol S.A., as amended by Amendment III, dated as of May 29, 2012, between Antwerp Terminal and Processing Company and Vitol
S.A.	  	September 15, 2015	  	June 30, 2017
				
	 Rotterdam
	  	Storage Contract, dated as of March 31, 2011 between Euro Tank Terminal BV and Vitol S.A.	  	March 31, 2014	  	June 30, 2019
				
	 Rotterdam
	  	Storage Contract, dated as of July 5, 2012, between Euro Tank Terminal BV and Vitol S.A.	  	March 30, 2015	  	June 30, 2019

  
 Schedule A-1 

							
	 Rotterdam
	  	Storage Contract, dated as of September 29, 2011, between Euro Tank Terminal BV and Vitol S.A.	  	December 31, 2016	  	June 30, 2019
				
	 Rotterdam
	  	Storage Contract, dated as of September 30, 2011, between Euro Tank Terminal BV and Vitol S.A.	  	January 31, 2017	  	June 30, 2019
				
	 Rotterdam
	  	Storage Contract, dated as of September 30, 2011, between Euro Tank Terminal BV and Vitol S.A.	  	March 31, 2017	  	June 30, 2019
				
	 Rotterdam
	  	Storage Contract, dated as of September 29, 2011, between Euro Tank Terminal BV and Vitol S.A.	  	March 31, 2017	  	June 30, 2019
				
	 Seaport Canaveral
	  	Terminalling Services Contract, dated as of February 1, 2010 between Seaport Canaveral, Corp. and Vitol Inc.	  	January 31, 2015	  	June 30, 2017
				
	 Fujairah
	  	Storage Contract, dated as of July 1, 2011, between VTTI Fujairah Terminals Ltd. Fzc and Vitol Bahrain E.C.	  	September 15, 2015	  	June 30, 2019

  
 Schedule A-2 

 SCHEDULE B 

KNOWN ENVIRONMENTAL LOSSES 

 

	1.	Long-term liabilities assumed pursuant to the Share Purchase Agreement between Universal Holding NV, Petroplus International B.V., Eurotank Belgium B.V. and VTTI dated October 23, 2009, relating to environmental
remediation required in connection with Openbare Viaamse Afvalstoffen Maatschappij’s (“OVAM”) and/or the Environmental Minister’s requirements relating to and under the Orienterend and Beschrijvend Bodern Onderzoek
(Orientating and Descriptive Soil Remediation Plan) and the Bodem Sanerings Plan (Soil Remediation Plan) submitted by Universal Holding NV and Petropus International B.V. to OVAM. 

 

	2.	Long-term liabilities assumed pursuant to the Bodemsaneringsovereenkomst (Soil Remediation Agreement) between Europoint Terminals Netherland B.V. and the Municipality of Amsterdam (representing the Municipal Harbor
Company of Amsterdam) dated January 22, 2004 (with an addendum signed on March 31, 2004), relating to environmental remediation required in connection with two contaminated parcels of land leased by Europoint and located in the Amsterdam
harbor. 

  
 Schedule B-1EX-10.3

 Exhibit 10.3 

Form of  

ADMINISTRATIVE SERVICES AGREEMENT 

THIS ADMINISTRATIVE SERVICES AGREEMENT made effective the      day
of          2014 (this “Agreement”), by and between VTTI ENERGY PARTNERS LP, a limited partnership duly organized and existing under the laws of the Republic of the Marshall
Islands (the “Partnership”), VTTI ENERGY PARTNERS GP LLC, a limited liability company duly organized and existing under the laws of the Republic of the Marshall Islands and the general partner (the “General
Partner”) of the Partnership, and VTTI MLP HOLDINGS LTD, a company incorporated in the United Kingdom (“VTTI Holdings”), each a “Party” and collectively, the
“Parties”. 
 WHEREAS: 
  

	A.	The Partnership and its subsidiaries are engaged in the business of owning, operating, developing and acquiring terminals and related energy infrastructure assets; 

 

	B.	The Partnership controls VTTI MLP B.V. and requires certain management and administrative support services in connection with, among other things, (1) the shareholding of VTTI MLP B.V. and its subsidiaries
(shareholder stewardship activities) and (2) its relationship with the holders of common units in the Partnership (investor relation services); and 

  

	C.	The Partnership wishes to engage VTTI Holdings to provide, or procure the provision of, management and administrative support services to the Partnership on the terms set out herein. 

IT IS HEREBY AGREED AS FOLLOWS: 

ARTICLE I
 DEFINITIONS

 1.1 Definitions. In this Agreement, the term: 

“Administrative Services” means the services described in Schedule A to this Agreement; 

“Agreement” has the meaning set forth in the preamble; 

“Board” means the Board of Directors of the General Partner; 

“Change of Control” means, with respect to any entity, an event in which securities of any class entitling the holders
thereof to elect a majority of the members of the board of directors or other similar governing body of the entity are acquired, directly or indirectly, by a “person” or “group” (within the meaning of
Sections 13(d) or 14(d)(2) of the Securities Exchange Act of 1934, as amended), who did not immediately before such acquisition own securities of the entity 

  
 1 

 
entitling such person or group to elect such majority (and for the purpose of this definition, any such securities held by another person who is related to such person shall be deemed to be owned
by such person); 
 “Closing Date” means the closing date of the initial public offering of the Partnership; 

“Contract Term” has the meaning set forth in Section 3.1 of this Agreement; 

“Costs and Expenses” has the meaning set forth in Section 3.1(c) of this Agreement; 

“Costs and Expenses Due Date” has the meaning set forth in Section 3.1(c) of this Agreement; 

“Due Date” has the meaning set forth in Section 3.1(c) of this Agreement; 

“General Partner” has the meaning set forth in the preamble; 

“LIBOR” means the London Interbank Offered Rate; 

“Management Services” means the performance by the Managers of certain executive officer functions for and on behalf
of the Partnership and the oversight by the Managers of the day-to-day management of the Partnership; 
 “Managers”
has the meaning set forth in Section 2.2(a) of this Agreement; 
 “Partnership” has the meaning set
forth in the preamble; 
 “Partnership Agreement” means the first amended and restated agreement of limited
partnership of the Partnership, dated as of the Closing Date, as from time to time amended; 
 “Partnership Group”
means the Partnership, General Partner and subsidiaries of the Partnership; 
 “Party” or
“Parties” has the meaning set forth in the preamble; 
 “Person” means any individual,
corporation, limited liability company, partnership, joint venture, association, joint stock company, trust, unincorporated organization or governmental authority; 

“Service Fee” has the meaning set forth in Section 3.1(a) of this Agreement; 

“Service Fee Due Date” has the meaning set forth in Section 3.1(b) of this Agreement; 

“Services” means the Administrative Services and the Management Services; 

“UK Consumer Price Index” means the index known as the UK Consumer Price Index or the successor index that most
closely approximates the UK Consumer Price Index; 

  
 2 

 “Unitholders” means holders of units representing limited partnership
interests in the Partnership; 
 “U.S. GAAP” means accounting principles generally accepted in the United States;

 “VAT” means value added, goods, sales or any similar tax; 

“VTTI Holdings” has the meaning set forth in the preamble; and 

“working day” has the meaning set forth in Section 3.1(b) of this Agreement. 

ARTICLE II
 SERVICES

 2.1 General. VTTI Holdings shall provide, or procure the provision of, the Services as directed by the General Partner. VTTI
Holdings may subcontract the Services or second employees in order to fulfill the Services as it deems advisable or appropriate in accordance with Section 5.10 hereof. Notwithstanding the foregoing, VTTI Holdings shall remain responsible
and primarily liable for the provision of the Services. For the avoidance of doubt, VTTI Holdings shall not take any decisions relating to the business strategy of the Partnership pursuant to this Agreement. 

For the purpose of this Agreement, any references to officers and employees of VTTI Holdings shall be deemed to include officers or employees
seconded by VTTI Holdings from another entity. 
 2.2 Covenants. During the term of this Agreement, VTTI Holdings shall: 

(a) initially cause those persons set forth on Schedule B to this Agreement and any other persons, officers or employees as the Board
may from time to time reasonably request (collectively, the “Managers”) to perform the Management Services; 
 (b)
procure that the Managers shall perform the Management Services to the same level of skill and care as would be required of them by applicable law and the terms of the Partnership Agreement if they were officers of the Partnership; 

(c) perform, or procure the performance of, the Administrative Services in a diligent manner; 

(d) retain, or procure at all times the retention by any person to whom performance of the Services is subcontracted from time to time of,
sufficiently qualified staff to provide the Services; 
 (e) keep, and procure the keeping by any person to whom performance of the Services
is subcontracted of, full and proper books, records and accounts showing clearly all transactions relating to the provision of the Services in accordance with established general commercial practices and in accordance with U.S. GAAP, and provide or
procure access to the Partnership and its representatives to audit and examine such books, records and accounts at any time during customary business hours; and 

(f) comply, and procure the compliance by any person to whom performance of the Services is subcontracted, with all laws and regulations
applicable to the Parties, including, but not limited to, the U.S. Foreign Corrupt Practices Act and any other applicable anti-corruption legislation. 

  
 3 

 2.3 Non-Exclusivity. VTTI Holdings and its employees may provide services of a nature
similar to the Services to any other Person. There is no obligation for VTTI Holdings to provide the Services to the Partnership on an exclusive basis. 

2.4 Confidential Information. VTTI Holdings shall, and shall procure that any person to whom performance of any of the Services is
subcontracted shall, keep confidential all information it has acquired or developed in the course of providing the Services. 
 ARTICLE
III
 COMPENSATION AND REIMBURSEMENT 

3.1 Compensation and Reimbursement of VTTI Holdings. With effect on and from the date of this Agreement and through the term of this
Agreement (the “Contract Term”) it is agreed that: 
 (a) In consideration of the Services rendered hereunder
throughout the Contract Term, the Partnership shall pay VTTI Holdings a fee of US$3.0 million per year (the “Service Fee”), which is subject to adjustment based on the UK Consumer Price Index on the anniversary of the
execution of this Agreement and every year thereafter; 
 (b) 1/12 of the Service Fee is payable each calendar month in advance by the 1st
working day of each applicable month (the “Service Fee Due Date”), provided that where a payment is due in respect of any part of a month, that payment shall be paid on a pro-rata basis (for the purposes of this paragraph,
“working day” means a day when most banks are open for business in Amsterdam, London, New York and the country of location of relevant bank accounts of the Partnership); and 

(c) In addition to the Service Fee, all other out-of-pocket costs, expenses, disbursements and charges incurred by VTTI Holdings in pursuance
of the Services hereunder throughout the Contract Term (the “Costs and Expenses”), shall be promptly, and in any event no later than 30 days from receipt of the invoice therefor (the “Cost and Expenses Due
Date” and, together with the Service Fee Due Date, the “Due Date”), reimbursed by the Partnership to VTTI Holdings upon presentation to the Partnership of invoices for the amounts claimed. 

All invoices for Services shall be submitted and paid in U.S. Dollars. All amounts not paid within 10 days after the applicable Due Date shall
bear interest at the rate of 2.00% per annum above the six month LIBOR rate as at the applicable Due Date from such Due Date until the date payment is received in full by VTTI Holdings. 

  
 4 

 3.2 VAT. 

(a) All amounts payable under this Agreement are deemed to be exclusive of VAT, which shall be payable upon receipt of a valid VAT invoice.

 (b) Where this Agreement requires one party to reimburse another for any costs or expenses, the payer shall, at the same time, pay the
payee all VAT incurred by the payee in respect of those costs or expenses. The amount payable shall be the amount that the payee reasonably determines is the amount that neither it, nor any other member of any group of which it is a member for VAT
purposes, is entitled to recover from the relevant tax authority in respect of the VAT. 
 ARTICLE IV

TERM AND TERMINATION 
 4.1
Term and Termination. This Agreement is effective as of the Closing Date and shall continue until terminated: 
 (a) by the
Partnership upon 90 days’ written notice for any reason in its sole discretion; or 
 (b) by VTTI Holdings upon 90 days’ written
notice if: 
 (i) there is a Change of Control of the Partnership or General Partner; 

(ii) a receiver is appointed for all or substantially all of the property of the Partnership; 

(iii) an order is made to wind up the Partnership; 

(iv) a final judgment, order or decree that materially and adversely affects the ability of the Partnership to perform under
this Agreement shall have been obtained or entered against the Partnership, and such judgment, order or decree shall not have been vacated, discharged or stayed; or 

(v) the Partnership makes a general assignment for the benefit of its creditors, files a petition in bankruptcy or for
liquidation, is adjudged insolvent or bankrupt, commences any proceeding for a reorganization or arrangement of debts, dissolution or liquidation under any law or statute or of any jurisdiction applicable thereto or if any such proceeding shall be
commenced. 
 Notwithstanding the foregoing, the arrangement with respect to the provision of the Management Services by any or all of the
Managers may be terminated at any time with respect to any or all of such Managers by the Partnership in its sole discretion. Such Management Services shall terminate immediately upon delivery by the Partnership of written notice to VTTI Holdings.
The termination of the Management Services with respect to any or all of the Managers shall not constitute a termination of the other provisions of this Agreement. 

Any termination of this Agreement shall be without prejudice to any accrued rights and liabilities of any Party subsisting as at the date of
termination. Notwithstanding the termination 

  
 5 

 
of this Agreement, the provisions of Section 2.4, Article IV, Section 5.2, Section 5.3, Section 5.4, Section 5.5,
Section 5.6, Section 5.8, Section 5.9 and Section 5.10 shall remain in force and binding on the Parties. 

4.2 Costs and Expenses Upon Termination. Upon termination of this Agreement and/or the Management Services in accordance with
Section 4.1 hereof, the Partnership shall be obligated to pay any and all amounts payable pursuant to Section 3.1 hereof for the applicable Services provided prior to the time of termination. 

ARTICLE V
 MISCELLANEOUS

 5.1 General Relationship Between the Parties. VTTI Holdings, and any subcontractors or secondees, shall perform the Services
as independent contractors, and the Parties to this Agreement do not intend, and nothing herein shall be interpreted so as, to create a partnership or joint venture relationship or agency relationship between VTTI Holdings and any one or more of the
Partnership, General Partner or any other member of the Partnership Group. Nothing in this Agreement shall create any employment relationship between the Partnership, on the one hand, and the Managers or any other person performing the Services, on
the other. 
 5.2 Indemnity. The Partnership shall indemnify and hold harmless VTTI Holdings and any person to whom provision of the
Services is subcontracted in accordance with the terms of this Agreement and their officers, employees and agents against all actions, proceedings, claims, demands or liabilities that may be brought against them due to the performance of the
Services, including, without limitation, all actions, proceedings, claims, demands or liabilities brought under the environmental laws of any jurisdiction, and against and in respect of all costs and expenses (including legal costs and expenses on a
full indemnity basis) they may suffer or incur due to defending or settling the same; provided, however, that such indemnity shall exclude any or all losses, actions, proceedings, claims, demands, costs, damages, expenses and
liabilities whatsoever to the extent that they are caused by or due to the fraud, willful misconduct or gross negligence of VTTI Holdings or such subcontractor or its officers, employees or agents. 

5.3 Surrender of Books and Records. Upon termination of this Agreement, VTTI Holdings shall forthwith surrender to the Partnership, or
procure the surrender to the Partnership of, any and all books, records, documents and other property relating to this Agreement and to the business, finance, technology, trademarks or affairs of the Partnership and any member of the Partnership
Group and, except as required by law, shall not retain any copies of the same. 
 5.4 Entire Agreement. This Agreement forms the
entire agreement between the Parties with respect to the subject matter hereof and supersedes and replaces all previous agreements, written or oral, with respect to the subject matter hereof. 

5.5 Severability. If any provision herein is held to be void or unenforceable, the validity and enforceability of the remaining
provisions herein shall remain unaffected and enforceable. 
 5.6 Governing Law. This Agreement shall be governed by and construed in
accordance with English law. 

  
 6 

 5.7 Notice. Notice under this Agreement shall be given as follows: 

If to the Partnership or General Partner: 

VTTI Energy Partners LP 

c/o VTTI Energy Partners GP LLC, its General Partner 

25-27 Buckingham Palace Road 

London, SW1W 0PP, United Kingdom 

Attn: Rubel Yilmaz 

E-mail: ryi@vtti.com 

If to VTTI Holdings: 

25-27 Buckingham Palace Road 

London, SW1W 0PP, United Kingdom 

Attn: Chief Financial Officer 

5.8 Amendment. Notwithstanding anything to the contrary in this Agreement, this Agreement may only be amended, modified, supplemented
or restated by a written instrument executed by each of the Parties whose rights or obligations under this Agreement are affected by such amendment, modification, supplement or restatement. 

5.9 No Waiver. The failure of either Party to enforce any term of this Agreement shall not act as a waiver. Any waiver must be
specifically stated as such in writing. 
 5.10 Successors and Assigns; Subcontracting. No Party shall be permitted to assign or
otherwise dispose of the benefit of this Agreement without the prior written consent of the other Parties. This Agreement shall be binding upon and inure to the benefit of the Parties’ successors and assigns. VTTI Holdings may freely
subcontract or sublicense this Agreement, so long as VTTI Holdings remains responsible and primarily liable for performance of the Services and its obligations under this Agreement. 

5.11 Counterparts. This Agreement may be executed in one or more counterparts, each of which is an original and which shall together
form one and the same instrument. 
 [Signature Page Follows] 

  
 7 

 IN WITNESS WHEREOF the Parties have executed this Agreement by their duly authorized signatories
with effect on the date first above written. 
  

			
	 VTTI Energy Partners LP
 By:
VTTI Energy Partners GP LLC,
 its general partner

		
	By	 	  

		 	Name:
		 	Title:
	
	VTTI Energy Partners GP LLC
		
	By	 	  

		 	Name:
		 	Title:
	
	VTTI MLP Holdings Ltd
		
	By	 	  

		 	Name:
		 	Title:

  
  

  
 [Signature page to
Administrative Services Agreement] 

 SCHEDULE A 

ADMINISTRATIVE SERVICES 

VTTI Holdings shall provide, or subcontract for the provision of, such of the following administrative support services (the
“Administrative Services”) to the Partnership, as the Board may from time to time request and direct VTTI Holdings to provide pursuant to this Agreement: 

(a) Assist with the management of the Partnership and the execution of the Partnership’s business strategies; provided that nothing
herein shall permit or authorize VTTI Holdings to make any strategic decisions for or on behalf of the Partnership; 
 (b) Keep and maintain
at all times books, records and accounts that shall contain particulars of receipts and disbursements relating to the assets and liabilities of the Partnership and such books, records and accounts shall be kept pursuant to normal commercial
practices that will permit the Partnership to prepare or cause to be prepared financial statements in accordance with U.S. GAAP and in each case shall also be in accordance with those financial statements required to be kept by the Partnership under
applicable federal securities laws and regulations in the United States and as the Partnership is required to keep and file under applicable foreign taxing regulations and the U.S. Internal Revenue Code of 1986, as amended, and the regulations
applicable with respect thereto, all as amended from time to time; 
 (c) Prepare all such returns, filings and documents, for review and
approval by the Partnership as may be required under the Partnership Agreement, as well as such other returns, filings, documents and instruments as may from time to time be requested or instructed by the Partnership; and file such documents, as
applicable, as directed by the Partnership with the relevant authority; 
 (d) Provide, or arrange for the provision of, advisory services
to the Partnership with respect to the Partnership’s obligations under applicable securities laws and regulations in the United States and assist the Partnership in arranging for compliance with continuous disclosure obligations under
applicable securities laws and regulations and the rules and regulations of the New York Stock Exchange and any other securities exchange upon which the Partnership’s securities are listed, including the preparation for review, approval and
filing by the Partnership of reports and other documents with all applicable regulatory authorities; provided that nothing herein shall permit or authorize VTTI Holdings to act for or on behalf of the Partnership in its relationship with regulatory
authorities, except to the extent that specific authorization may from time to time be given by the Partnership; 
 (e) Provide, or arrange
for the provision of, advisory, clerical and investor relations services to assist and support the Partnership in its communications with its Unitholders, including in connection with disclosures that may be required for regulatory compliance to its
Unitholders and the wider financial markets, as the Partnership may from time to time request or direct; provided that nothing herein shall permit or authorize VTTI Holdings to determine the content of any such communications by the Partnership to
its Unitholders and the wider financial markets; 

  
 Schedule A-1 

 (f) At the request and under the direction of the Partnership, handle, or arrange for the
handling of, all administrative and clerical matters in respect of (i) the call and arrangement of all meetings of the Unitholders pursuant to the Partnership Agreement, (ii) the preparation of all materials (including notices of meetings
and information circulars) in respect thereof and (iii) the submission of all such materials to the Partnership in sufficient time prior to the dates upon which they must be mailed, filed or otherwise relied upon so that the Partnership has
full opportunity to review, approve, execute and return them to VTTI Holdings for filing or mailing or other disposition as the Partnership may require or direct; 

(g) Provide, or arrange for the provision of, or secure sufficient and necessary office space, equipment and personnel including all
accounting, clerical, secretarial, corporate, administrative and information technology services as may be reasonably necessary for the performance of the Partnership’s business; 

(h) Arrange for the provision of such audit, accounting, legal, insurance and other professional services as are reasonably required by the
Partnership from time to time in connection with the discharge of its responsibilities under the Partnership Agreement, to the extent such advice and analysis can be reasonably provided or arranged by VTTI Holdings; provided that nothing herein
shall permit VTTI Holdings to select the auditor of the Partnership, which shall be selected in accordance with the provisions for the appointment of the auditor pursuant to the Partnership Agreement or as otherwise be required by law governing the
Partnership, or to communicate with the auditor other than in the ordinary course of making such books and records available for review as the auditors may require and to respond to queries from the auditors with respect to the accounts and
statements prepared by, or arranged by, VTTI Holdings, and in particular VTTI Holdings will not have any of the authorities, rights or responsibilities of the audit committee of the Board, but shall provide, or arrange for the provision of,
information to such committee as may from time to time be required or requested; provided further that nothing herein shall entitle VTTI Holdings to retain legal counsel for the Partnership unless such selection is specifically approved by the
Board; 
 (i) Provide, or arrange for the provision of, such assistance and support as the Partnership may from time to time request in
connection with any new or existing financing for the Partnership, such assistance and support to be provided in accordance with the direction, and under the supervision, of the Board; 

(j) Provide, or arrange for the provision of, such administrative and clerical services as may be required by the Partnership to support and
assist the Partnership in considering any future acquisitions or divestments of assets of the Partnership and for the integration of any businesses or assets acquired by the Partnership, all in accordance with the direction and under the supervision
of the Board; 
 (k) Provide, or arrange for the provision of, such support and assistance to the Partnership as the Partnership may from
time to time request in connection with any future offerings of equity or debt securities that the Partnership may at any time determine is desirable for the Partnership, all under the direction and supervision of the Board; 

  
 Schedule A-2 

 (l) Provide, or arrange for the provision of, at the request and under the direction of the
Board, such communications to the transfer agent for the Partnership as may be necessary or desirable; 
 (m) Prepare and provide, or
arrange for the preparation and provision of, regular cash reports and other accounting information for review by the Partnership, so as to permit and enable the Board to make all determinations of financial matters required to be made pursuant to
the Partnership Agreement, including the determination of amounts available for distribution by the Partnership to its Unitholders, and to assist the Partnership in making arrangements with the transfer agent for the Partnership for the payment of
distributions to the Unitholders in accordance with the Partnership Agreement; 
 (n) Provide, or arrange for the provision of, such
assistance to the Partnership as the Board may request or direct with respect to the performance of the obligations to the Unitholders under the Partnership Agreement and to provide monitoring of various obligations and rights under agreements
entered into by the Partnership and provide advance reports on a timely basis to the Partnership advising of steps, procedures and compliance issues under such agreements, so as to enable the Partnership to make all such decisions as would be
necessary or desirable thereunder; 
 (o) Provide, or arrange for the provision of, such additional administrative and clerical services
pertaining to the Partnership, the assets and liabilities of the Partnership and the Unitholders and matters incidental thereto as may be reasonably requested by the Board from time to time; 

(p) Negotiate and arrange, at the request and under the direction of the Board, for interest rate swap agreements, foreign currency contracts,
forward exchange contracts and any other hedging arrangements; 
 (q) Provide, or arrange for the provision of, information technology
services; 
 (r) Maintain, or arrange for the maintenance of, the Partnership’s and the Partnership’s subsidiaries’ existence
and good standing in necessary jurisdictions; 
 (s) Monitor and maintain compliance with loan and credit terms with lenders and negotiate,
at the request and under the direction of the Board, loan and credit terms with lenders; 
 (t) Provide, or arrange for the provision of, at
the request and under the direction of the Board, cash management and services, including assistance with preparation of budgets, overseeing banking services and bank accounts and arranging for the deposit of funds; and 

(u) Monitor the performance of investment managers. 

  
 Schedule A-3 

 SCHEDULE B 

INITIAL MANAGERS 

PROVIDING MANAGEMENT SERVICES 
  

			
	 Name
	  	 Services to be Provided to the
Partnership

		
	 Robert Nijst
	  	Chief Executive Officer
	 Rubel Yilmaz
	  	Chief Financial Officer; Head of Business Development and Strategy

  
 Schedule B-1

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