Document:

Form of Long-Term Incentive Plan

 Exhibit 10.3 
 FORM OF HI-CRUSH PARTNERS LP 
 LONG TERM INCENTIVE PLAN 

Section 1. Purpose of the Plan. The Hi-Crush Partners LP Long-Term Incentive Plan (the “Plan”)
has been adopted on [                    , 2012] (the “Effective Date”) by Hi-Crush GP LLC, a Delaware limited
liability company, the general partner (“General Partner”) of Hi-Crush Partners LP, a Delaware limited partnership (the “Partnership”). The Plan is intended to promote the interests of the General
Partner, the Partnership and their Affiliates by providing to Employees, Consultants and Directors incentive compensation awards to encourage superior performance. The Plan is also contemplated to enhance the ability of the General Partner, the
Partnership and their Affiliates to attract and retain the services of individuals who are essential for the growth and profitability of the Partnership and to encourage them to devote their best efforts to advancing the business of the Partnership.

 Section 2. Definitions. As used in the Plan, the following terms shall have the meanings set forth below:

 (a) “409A Award” means an Award that constitutes a “deferral of compensation” within the
meaning of the 409A Regulations, whether by design, due to a subsequent modification in the terms and conditions of such Award or as a result of a change in applicable law following the date of grant of such Award, and that is not exempt from
Section 409A of the Code pursuant to an applicable exemption. 
 (b) “409A Regulations” means the
applicable Treasury regulations and other interpretive guidance promulgated pursuant to Section 409A of the Code. 
 (c)
“Affiliate” means, with respect to any Person, any other Person that directly or indirectly through one or more intermediaries controls, is controlled by or is under common control with, the Person in question. As used
herein, the term “control” means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise.

 (d) “Award” means an Option, Unit Appreciation Right, Restricted Unit, Phantom Unit, Unit Award,
Substitute Award, Other Unit Based Award or Cash Award granted under the Plan or Performance Awards and includes, as appropriate, any tandem DERs granted with respect to an Award (other than a Restricted Unit or Unit Award). 

(e) “Award Agreement” means the written or electronic agreement by which an Award shall be evidenced. 

(f) “Board” means the Board of Directors of the General Partner. 

(g) “Cash Award” means an award denominated in cash. 

(h) “Change of Control” means, and shall be deemed to have occurred upon one or more of the following events:

 (i) any “person” or “group” within the meaning of those
terms as used in Sections 13(d) and 14(d)(2) of the Exchange Act, other than members of the General Partner, the Partnership, or an Affiliate of either the General Partner or the Partnership, shall become the beneficial owner, by way of merger,
consolidation, recapitalization, reorganization or otherwise, of 50% or more of the voting power of the voting securities of the General Partner or the Partnership; 

(ii) the limited partners of the General Partner or the Partnership approve, in one transaction or a series of
transactions, a plan of complete liquidation of the General Partner or the Partnership; 
 (iii) the sale or
other disposition by either the General Partner or the Partnership of all or substantially all of its assets in one or more transactions to any Person other than an Affiliate; 

(iv) the General Partner or an Affiliate of the General Partner or the Partnership ceases to be the general partner of the
Partnership; 
 (v) any other event specified as a “Change of Control” in
an applicable Award Agreement. 
 Notwithstanding the above, with respect to a 409A Award, a “Change of Control” shall
not occur unless that Change of Control also constitutes a “change in the ownership of a corporation,” a “change in the effective control of a corporation,” or a “change in the ownership of a substantial portion of a
corporation’s assets,” in each case, within the meaning of Section 1.409A-3(i)(5) of the 409A Regulations, as applied to non-corporate entities. 
 (i) “Chief Executive Officer” means the then-current Chief Executive Officer of the General Partner. 
 (j) “Code” means the Internal Revenue Code of 1986, as amended from time to time. 
 (k) “Committee” means the Board or such committee as may be appointed by the Board to administer the Plan, which alternative committee may be the board of directors or managers of
any Affiliate or a committee therefore. 
 (l) “Consultant” means an individual who renders consulting or
advisory services to the General Partner, the Partnership or an Affiliate of either. 
 (m) “Director”
means a member of the Board or the board of directors of an Affiliate of the General Partner who is not an Employee or a Consultant (other than in that individual’s capacity as a Director). 

(n) “Distribution Equivalent Right” or “DER” means a contingent right, granted alone or in
tandem with a specific Award (other than a Restricted Unit or Unit Award), to receive with respect to each Unit subject to the Award an amount in cash, Units and/or Phantom Units, as determined by the Committee in its sole discretion, equal in value
to the distributions made by the Partnership with respect to a Unit during the period such Award is outstanding. 

  
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 (o) “Effective Date” has the meaning set forth in Section 1.

 (p) “Employee” means an employee of the General Partner or an Affiliate of the General Partner.

 (q) “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

(r) “Fair Market Value” means, on any relevant date, the closing sales price of a Unit on the principal national
securities exchange or other market in which trading in Units occurs on the last market trading day prior to the applicable day (or, if there is no trading in the Units on such date, on the next preceding day on which there was trading) as reported
in The Wall Street Journal (or other reporting service approved by the Committee). If Units are not traded on a national securities exchange or other market at the time a determination of Fair Market Value is required to be made hereunder, the
determination of Fair Market Value shall be made by the Committee in good faith using a “reasonable application of a reasonable valuation method” within the meaning of the 409A Regulations (specifically, Section 1.409A-l(b)(5)(iv)(B)
of the 409A Regulations). 
 (s) “General Partner” has the meaning set forth in Section 1.

 (t) “Option” means an option granted under the Plan to purchase Units. 

(u) “Other Unit Based Award” means an Award granted to an Employee, Director or Consultant pursuant to
Section 6(f). 
 (v) “Participant” means an Employee, Consultant or Director granted an Award under
the Plan. 
 (w) “Partnership” has the meaning set forth in Section 1. 

(x) “Performance Award” means a right granted to an Employee, Director or Consultant pursuant to
Section 6(i), to receive an Award based upon performance criteria specified by the Committee. 
 (y)
“Person” means an individual or a corporation, limited liability company, partnership, joint venture, trust, unincorporated organization, association, governmental agency or political subdivision thereof or other entity.

 (z) “Phantom Unit” means a notional Unit granted under the Plan which upon vesting entitles the
Participant to receive, at the time of settlement, a Unit or an amount of cash equal to the Fair Market Value of a Unit, as determined by the Committee in its sole discretion. 
 (aa) “Plan” has the meaning set forth in Section 1. 

  
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 (bb) “Qualified Member” means a member of the Committee who is a
“nonemployee director” within the meaning of Rule 16b-3(b)(3). 
 (cc) “Restricted Period”
means the period established by the Committee with respect to an Award during which the Award remains subject to forfeiture and is either not exercisable by or payable to the Participant, as the case may be. 

(dd) “Restricted Unit” means a Unit granted under the Plan that is subject to a Restricted Period. 

(ee) “Rule 16b-3” means Rule 16b-3 promulgated by the SEC under the Exchange Act or any successor rule or
regulation thereto as in effect from time to time. 
 (ff) “SEC” means the Securities and Exchange
Commission, or any successor thereto. 
 (gg) “Substitute Award” means an award granted pursuant to
Section 6(h) of the Plan. 
 (hh) “Unit Distribution Right” or “UDR” means
a distribution made by the Partnership with respect to a Restricted Unit. 
 (ii) “Unit” means a common
unit of the Partnership. 
 (jj) “Unit Appreciation Right” means a contingent right granted under the
Plan that entitles the holder to receive, in cash or Units, as determined by the Committee in its sole discretion, an amount equal to the excess of the Fair Market Value of a Unit on the exercise date of the Unit Appreciation Right (or another
specified date) over the exercise price of the Unit Appreciation Right. 
 (kk) “Unit Award” means a
grant of a Unit that is not subject to a Restricted Period. 
 Section 3. Administration.

 (a) Authority of the Committee. The Plan shall be administered by the Committee. A majority of the Committee shall
constitute a quorum, and the acts of the members of the Committee who are present at any meeting thereof at which a quorum is present, or acts unanimously approved by the members of the Committee in writing, shall be the acts of the Committee.
Subject to the terms of the Plan and applicable law, and in addition to other express powers and authorizations conferred on the Committee by the Plan, the Committee shall have full power and authority to: (i) designate Participants;
(ii) determine the type or types of Awards to be granted to a Participant; (iii) determine the number of Units to be covered by Awards; (iv) determine the terms and conditions of any Award, consistent with the terms of the Plan, which
terms may include any provision regarding the acceleration of vesting or waiver of forfeiture restrictions or any other condition or limitation regarding an Award, based on such factors as the Committee shall determine, in its sole discretion;
(v) determine whether, to what extent, and under what circumstances Awards may be vested, settled, exercised, canceled, or forfeited; (vi) interpret and administer the Plan and any instrument or agreement relating to an

  
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Award made under the Plan; (vii) establish, amend, suspend, or waive such rules and regulations and appoint such agents as it shall deem appropriate for the proper administration of the
Plan; and (viii) make any other determination and take any other action that the Committee deems necessary or desirable for the administration of the Plan. The Committee may correct any defect or supply any omission or reconcile any
inconsistency in the Plan or an Award Agreement in such manner and to such extent as the Committee deems necessary or appropriate. The determinations of the Committee on the matters referred to in this Section 3(a) shall be final and
conclusive. 
 (b) Manner and Exercise of Committee Authority. At any time that a member of the Committee is not a
Qualified Member, any action of the Committee relating to an Award granted or to be granted to a Participant who is then subject to Section 16 of the Exchange Act in respect of the Partnership may be taken either (i) by a subcommittee,
designated by the Committee, composed solely of two or more Qualified Members, or (ii) by the Committee but with each such member who is not a Qualified Member abstaining or recusing himself or herself from such action; provided,
however, that upon such abstention or recusal the Committee remains composed solely of two or more Qualified Members. Such action, authorized by such a subcommittee or by the Committee upon the abstention or recusal of such non-Qualified
Member(s), shall be the action of the Committee for all purposes of the Plan. Unless otherwise expressly provided in the Plan, all designations, determinations, interpretations, and other decisions under or with respect to the Plan or any Award
shall be within the sole discretion of the Committee, may be made at any time and shall be final, conclusive, and binding upon all Persons, including, without limitation, the General Partner, the Partnership, any Affiliate, any Participant, and any
beneficiary of a Participant. The express grant of any specific power to the Committee, and the taking of any action by the Committee, shall not be construed as limiting the power or authority of the Committee. Subject to the Plan and any applicable
law, the Committee, in its sole discretion, may delegate any or all of its powers and duties under the Plan, including the power to grant Awards under the Plan, to the Chief Executive Officer, subject to such limitations on such delegated powers and
duties as the Committee may impose, if any, and provided that the Committee may not delegate its duties where such delegation would violate state partnership or limited liability company law, or with respect to making Awards to, or otherwise with
respect to Awards granted to, Participants who are subject to Section 16(b) of the Exchange Act. Upon any such delegation, all references in the Plan to the “Committee,” other than in Section 7, shall be deemed to include the
Chief Executive Officer. Any such delegation shall not limit the Chief Executive Officer’s right to receive Awards under the Plan; provided, however, the Chief Executive Officer may not grant Awards to himself, a Director or any
executive officer of the General Partner or an Affiliate, or take any action with respect to any Award previously granted to himself, an individual who is an executive officer or a Director. Under no circumstances shall any such delegation result in
the loss of an exemption under Rule 16b-3(d)(1) for Awards granted to Participants subject to Section 16 of the Exchange Act in respect of the Partnership. 
 (c) Limitation of Liability. The Committee and each member thereof shall be entitled to, in good faith, rely or act upon any report or other information furnished to him or her by any officer or
employee of the General Partner, the Partnership or their Affiliates, the General Partner’s or the Partnership’s legal counsel, independent auditors, consultants or any other agents assisting in the administration of the Plan. Members of
the Committee and any officer or employee of the General Partner, the Partnership or any of their Affiliates acting at the direction 

  
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or on behalf of the Committee shall not be personally liable for any action or determination taken or made in good faith with respect to this Plan, and shall, to the fullest extent permitted by
law, be indemnified and held harmless by the General Partner with respect to any such action or determination. 
 (d)
Exemptions from Section 16(b) Liability. It is the intent of the General Partner that the grant of any Awards to, or other transaction by, a Participant who is subject to Section 16 of the Exchange Act shall be exempt from
Section 16(b) of the Exchange Act pursuant to Rule 16b-3 or another applicable exemption (except for transactions acknowledged by the Participant in writing to be non-exempt). Accordingly, if any provision of the Plan or any Award Agreement
does not comply with the requirements of Rule 16b-3 or such other exemption as then applicable to any such transaction, such provision shall be construed or deemed amended to the extent necessary to conform to the applicable requirements of Rule
16b-3 so that such Participant shall avoid liability under Section 16(b) of the Exchange Act. 
 Section 4.
Units. 
 (a) Limits on Units Deliverable. Subject to adjustment as provided in Section 4(c) and
Section 7, the number of Units that may be delivered with respect to Awards under the Plan is [            ]. Units withheld from an Award or surrendered by a Participant to satisfy
the Partnership’s or an Affiliate’s tax withholding obligations (including the withholding of Units with respect to Restricted Units) or to satisfy the payment of any exercise price with respect to the Award shall not be considered to be
Units delivered under the Plan for this purpose. If any Award is forfeited, cancelled, exercised, settled in cash, or otherwise terminates or expires without the actual delivery of Units pursuant to such Award (the grant of Restricted Units is not a
delivery of Units for this purpose), the Units subject to such Award shall again be available for Awards under the Plan (including Units not delivered in connection with the exercise of an Option or Unit Appreciation Right). There shall not be any
limitation on the number of Awards that may be granted and paid in cash. 
 (b) Sources of Units Deliverable Under
Awards. Any Units delivered pursuant to an Award shall consist, in whole or in part, of Units acquired in the open market, from any Affiliate, the Partnership or any other Person, or any combination of the foregoing, as determined by the
Committee in its discretion. 
 (c) Anti-dilution Adjustments. Notwithstanding anything contained in Section 7, with
respect to any “equity restructuring” event that could result in an additional compensation expense to the General Partner or the Partnership pursuant to the provisions of FASB Accounting Standards Codification, Topic 718 if adjustments to
Awards with respect to such event were discretionary, the Committee shall equitably adjust the number and type of Units covered by each outstanding Award and the terms and conditions, including the exercise price and performance criteria (if any),
of such Award to equitably reflect such restructuring event and shall adjust the number and type of Units (or other securities or property) with respect to which Awards may be granted after such event. With respect to any other similar event that
would not result in an accounting charge under FASB Accounting Standards Codification, Topic 718 if the adjustment to Awards with respect to such event were subject to discretionary action, the Committee shall have complete discretion to adjust
Awards in such manner as it deems appropriate with respect to such other event. In the event the Committee makes any adjustment 

  
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pursuant to the foregoing provisions of this Section 4(c), the Committee shall make a corresponding and proportionate adjustment with respect to the maximum number of Units that may be
delivered with respect to Awards under the Plan as provided in Section 4(a) and the kind of Units or other securities available for grant under the Plan. 
 (d) Additional Issuances. Except as hereinbefore expressly provided, the issuance by the General Partner or the Partnership of Units for cash, property, labor or services, upon direct sale, or upon
the conversion of Units or obligations of the General Partner or the Partnership convertible into such Units, and in any case whether or not for fair value, shall not affect, and no adjustment by reason thereof shall be made with respect to, the
number of Units subject to Awards theretofore granted pursuant to the Plan. 
 Section 5. Eligibility. Any
Employee, Consultant or Director shall be eligible to be designated a Participant and receive an Award under the Plan. If the Units issuable pursuant to an Award are intended to be registered with the SEC on Form S-8, then only Employees,
Consultants, and Directors of the Partnership or a parent or subsidiary of the Partnership (within the meaning of General Instruction A.1(a) to Form S-8) will be eligible to receive such an Award. 

Section 6. Awards. 
 (a) General. Awards may be granted on the terms and conditions set forth in this Section 6. In addition, the Committee may impose on any Award or the exercise thereof, at the date of grant or
thereafter (subject to Section 7(a)), such additional terms and conditions, not inconsistent with the provisions of the Plan, as the Committee shall determine, including terms requiring forfeiture of Awards in the event of termination of
employment by the Participant, or termination of the Participant’s service relationship with the General Partner, the Partnership, or their Affiliates, and terms permitting a Participant to make elections relating to his or her Award. The
Committee shall retain full power and discretion to accelerate, waive or modify, at any time, any term or condition of an Award that is not mandatory under the Plan; provided, however, that the Committee shall not have any discretion
to accelerate the terms of payment of any Award that provides for a deferral of compensation under Section 409A the Code and the 409A Regulations if such acceleration would subject a Participant to additional taxes under Section 409A the
Code and the 409A Regulations. 
 (b) Options. The Committee may grant Options that are intended to comply with
Section 1.409A-l(b)(5)(i)(A) of the 409A Regulations only to Employees, Consultants or Directors performing services on the date of grant for the Partnership or a corporation or other type of entity in a chain of corporations or other entities
in which each corporation or other entity has a “controlling interest” in another corporation or entity in the chain, starting with the Partnership and ending with the corporation or other entity for which the Employee, Consultant or
Director performs services. For purposes of this Section 6(b), “controlling interest” means (i) in the case of a corporation, ownership of stock possessing at least 50% of total combined voting power of all classes of stock of
such corporation entitled to vote or at least 50% of the total value of shares of all classes of stock of such corporation; (ii) in the case of a partnership, ownership of at least 50% of the profits interest or capital interest of such
partnership; (iii) in the case of a sole proprietorship, ownership of the sole proprietorship; or (iv) in the case of a trust or estate, ownership of an actuarial interest (as defined in Section 1.414(c)-2(b)(2)(ii) of the 409A

  
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Regulations) of at least 50% of such trust or estate. The Committee may grant Options that are otherwise exempt from or compliant with Section 409A of the Code to any eligible Employee,
Consultant or Director. The Committee shall have the authority to determine the number of Units to be covered by each Option, the purchase price therefore and the Restricted Period and other conditions and limitations applicable to the exercise of
the Option, including the following terms and conditions and such additional terms and conditions, as the Committee shall determine, that are not inconsistent with the provisions of the Plan. 

(i) Exercise Price. The exercise price per Unit purchasable under an Option that does not provide for the deferral
of compensation under the 409A Regulations shall be determined by the Committee at the time the Option is granted but, except with respect to Substitute Awards, may not be less than the Fair Market Value of a Unit as of the date of grant of the
Option. For purposes of this Section 6(b)(i), the Fair Market Value of a Unit shall be determined as of the date of grant. The exercise price per Unit purchasable under an Option that does not provide for the deferral of compensation by reason
of satisfying the short-term deferral rule set forth in the 409A Regulations or that is compliant with Section 409A of the Code shall be determined by the Committee at the time the Option is granted. 

(ii) Time and Method of Exercise. The Committee shall determine the exercise terms and the Restricted Period with
respect to an Option grant, which may include, without limitation, a provision for accelerated vesting upon the achievement of specified performance goals or other events, and the method or methods by which payment of the exercise price with respect
thereto may be made or deemed to have been made, which may include, without limitation, cash, check acceptable to the General Partner, withholding Units from an Award, a “cashless-broker” exercise through procedures approved by the General
Partner, or any combination of the above methods, having a Fair Market Value on the exercise date equal to the relevant exercise price. 
 (iii) Forfeitures. Except as otherwise provided in the terms of the Award Agreement, upon termination of a Participant’s employment or service to the General Partner and its Affiliates or
membership on the Board or the board of directors of an Affiliate, whichever is applicable, for any reason during the applicable Restricted Period, all unvested Options shall be forfeited by the Participant. The Committee may, in its discretion,
waive in whole or in part such forfeiture with respect to a Participant’s Options; provided that the waiver contemplated under this Section 6(b)(iii) shall be effective only to the extent that such waiver will not cause the
Participant’s Options that are designed to satisfy Section 409A of the Code to fail to satisfy such Section. 
 (c)
Unit Appreciation Rights. The Committee may grant Unit Appreciation Rights that are intended to comply with Section 1.409A-l(b)(5)(i)(B) of the 409A Regulations only to Employees, Consultants or Directors performing services on the date
of grant for the Partnership or a corporation or other type of entity in a chain of corporations or other entities in which each corporation or other entity has a “controlling interest” in another corporation or entity in the chain,
starting with the Partnership and ending with the corporation or other entity for which the Employee, Consultant or Director performs services. For purposes of this Section 6(c), “controlling interest” means (i) in the case of a
corporation, ownership of stock possessing at least 50% of total combined voting power of all classes of stock of such corporation entitled to 

  
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vote or at least 50% of the total value of shares of all classes of stock of such corporation; (ii) in the case of a partnership, ownership of at least 50% of the profits interest or capital
interest of such partnership; (iii) in the case of a sole proprietorship, ownership of the sole proprietorship; or (iv) in the case of a trust or estate, ownership of an actuarial interest (as defined in Section 1.414(c)-2(b)(2)(ii)
of the 409A Regulations) of at least 50% of such trust or estate. The Committee may grant Unit Appreciation Rights that are otherwise exempt from or compliant with Section 409A of the Code to any eligible Employee, Consultant or Director. The
Committee shall have the authority to determine the Employees, Consultants and Directors to whom Unit Appreciation Rights shall be granted, the number of Units to be covered by each grant, whether Units or cash shall be delivered upon exercise, the
exercise price therefor and the conditions and limitations applicable to the exercise of the Unit Appreciation Rights, including the following terms and conditions and such additional terms and conditions as the Committee shall determine, that are
not inconsistent with the provisions of the Plan. 
 (i) Exercise Price. The exercise price per Unit
Appreciation Right that does not provide for the deferral of compensation under the 409A Regulations shall be determined by the Committee at the time the Unit Appreciation Right is granted but, except with respect to Substitute Awards, may not be
less than the Fair Market Value of a Unit as of the date of grant of the Unit Appreciation Right. For purposes of this Section 6(c)(i), the Fair Market Value of a Unit shall be determined as of the date of grant. The exercise price per Unit
Appreciation Right that does not provide for the deferral of compensation by reason of satisfying the short-term deferral rule set forth in the 409A Regulations or that is compliant with Section 409A of the Code shall be determined by the
Committee at the time the Unit Appreciation Right is granted. 
 (ii) Time of Exercise. The Committee
shall determine the Restricted Period and the time or times at which a Unit Appreciation Right may be exercised in whole or in part, which may include, without limitation, accelerated vesting upon the achievement of specified performance goals or
other events. 
 (iii) Forfeitures. Except as otherwise provided in the terms of the Award Agreement, upon
termination of a Participant’s employment with or service to the General Partner, the Partnership and their Affiliates or membership on the Board or the board of directors of an Affiliate, whichever is applicable, for any reason during the
applicable Restricted Period, all outstanding Unit Appreciation Rights awarded to the Participant shall be automatically forfeited on such termination. The Committee may, in its discretion, waive in whole or in part such forfeiture with respect to a
Participant’s Unit Appreciation Rights. 
 (d) Restricted Units and Phantom Units. The Committee shall have the
authority to determine the Employees, Consultants and Directors to whom Restricted Units or Phantom Units shall be granted, the number of Restricted Units or Phantom Units to be granted to each such Participant, the Restricted Period, the conditions
under which the Restricted Units or Phantom Units may become vested or forfeited and such other terms and conditions as the Committee may establish with respect to such Awards. 

  
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 (i) UDRs. To the extent provided by the Committee, in its discretion,
a grant of Restricted Units may provide that the distributions made by the Partnership with respect to the Restricted Units shall be subject to the same forfeiture and other restrictions as the Restricted Unit and, if restricted, such distributions
shall be held, without interest, until the Restricted Unit vests or is forfeited with the UDR being paid or forfeited at the same time, as the case may be. In addition, the Committee may provide that such distributions be used to acquire additional
Restricted Units for the Participant. Such additional Restricted Units may be subject to such vesting and other terms as the Committee may prescribe. Absent such a restriction on the UDRs in the Award Agreement, UDRs shall be paid to the holder of
the Restricted Unit without restriction at the same time as cash distributions are paid by the Partnership to its unitholders. Notwithstanding the foregoing, UDRs shall only be paid in a manner that is either exempt from or in compliance with
Section 409A of the Code. 
 (ii) Forfeitures. Except as otherwise provided in the terms of the
applicable Award Agreement, upon termination of a Participant’s employment with or services to the General Partner and its Affiliates or membership on the Board or the board of directors of an Affiliate, whichever is applicable, for any reason
during the applicable Restricted Period, all outstanding, unvested Restricted Units and Phantom Units awarded to the Participant shall be automatically forfeited on such termination. The Committee may, in its discretion, waive in whole or in part
such forfeiture with respect to a Participant’s Restricted Units and/or Phantom Units; provided that the waiver contemplated under this Section 6(d)(ii) shall be effective only to the extent that such waiver will not cause the
Participant’s Restricted Units and/or Phantom Units that are designed to satisfy Section 409A of the Code to fail to satisfy such Section. 
 (iii) Lapse of Restrictions. 
 (A)
Phantom Units. No later than the 15th calendar day
following the vesting of each Phantom Unit, subject to the provisions of Section 8(b), the Participant shall be entitled to settlement of such Phantom Unit and shall receive one Unit or an amount in cash equal to the Fair Market Value of a Unit
(for purposes of this Section 6(f)(iii), as calculated on the last day of the Restricted Period), as determined by the Committee in its discretion. 
 (B) Restricted Units. Upon the vesting of each Restricted Unit, subject to satisfying the tax withholding obligations of Section 8(b), the Participant shall be entitled to have the
restrictions removed from his or her Award so that the Participant then holds an unrestricted Unit. 
 (e) Unit Awards.
The Committee shall have the authority to grant a Unit Award under the Plan to any Employee, Consultant or Director in a number determined by the Committee in its discretion, as a bonus or additional compensation or in lieu of cash compensation the
individual is otherwise entitled to receive, in such amounts as the Committee determines to be appropriate. 
 (f) Other Unit
Based Awards. The Committee is authorized, subject to limitations under applicable law, to grant to Participants such other Awards that may be denominated or payable in, valued in whole or in part by reference to, or otherwise based on, or
related to, Units, as deemed by the Committee to be consistent with the purposes of this Plan, 

  
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including, without limitation, convertible or exchangeable debt securities, other rights convertible or exchangeable into Units, purchase rights for Units, Awards with value and payment
contingent upon performance of the Partnership or any other factors designated by the Committee, and Awards valued by reference to the book value of Units or the value of securities of or the performance of specified Affiliates of the General
Partner or the Partnership. The Committee shall determine the terms and conditions of such Awards. Units delivered pursuant to an Award in the nature of a purchase right granted under this Section 6(f) shall be purchased for such consideration,
paid for at such times, by such methods, and in such forms, including, without limitation, cash, Units, other Awards, or other property, as the Committee shall determine. Cash awards, as an element of or supplement to, or independent of any other
Award under this Plan, may also be granted pursuant to this Section 6(f). 
 (g) DERs. To the extent
provided by the Committee, in its discretion, an Award (other than a Restricted Unit or Unit Award) may include a tandem DER grant, which may provide that such DERs shall be paid directly to the Participant, be reinvested into additional Awards, be
credited to a bookkeeping account (with or without interest in the discretion of the Committee) subject to the same vesting restrictions as the tandem Award, or be subject to such other provisions or restrictions as determined by the Committee in
its discretion. Absent a contrary provision in the Award Agreement, DERs shall be paid to the Participant without restriction at the same time as ordinary cash distributions are paid by the Partnership to its unitholders. Notwithstanding the
foregoing, DERs shall only be paid in a manner that is either exempt from or in compliance with Section 409A of the Code. 
 (h) Substitute Awards. Awards may be granted under the Plan in substitution for similar awards held by individuals who become Employees, Consultants or Directors as a result of a merger,
consolidation or acquisition by the Partnership or an Affiliate of another entity or the assets of another entity. Such Substitute Awards that are Options or Unit Appreciation Rights may have exercise prices less than the Fair Market Value of a Unit
on the date of the substitution if such substitution complies with Section 409A of the Code and the 409A Regulations and other applicable laws and exchange rules. 

(i) Performance Awards. The right of a Participant to receive a grant, and the right of a Participant to exercise
or receive a grant or settlement of any Award, and the timing thereof, may be subject to such performance conditions as may be specified by the Committee. The Committee may use such business criteria and other measures of performance as it may deem
appropriate in establishing any performance conditions, and may exercise its discretion to reduce or increase the amounts payable under any Award subject to performance conditions. 

(i) Performance Goals Generally. The performance goals for such Performance Awards shall consist of one or more
business criteria or individual performance criteria and a targeted level or levels of performance with respect to each of such criteria, as specified by the Committee consistent with this Section 6(i). The Committee may determine that such
Performance Awards shall be granted, exercised, and/or settled upon achievement of any one performance goal or that two or more of the performance goals must be achieved as a condition to grant, exercise and/or settlement of such Performance Awards.
The Committee shall establish any such performance conditions and goals based on one or more business criteria for the General Partner and/or the Partnership, on a consolidated basis, and/or for specified Affiliates or business 

  
 11 

 
or geographical units of the Partnership, as determined by the Committee in its discretion, which may include (but are not limited to) one or more of the following: (A) earnings per Unit,
(B) increase in revenues, (C) increase in cash flow, (D) increase in cash flow from operations, (E) increase in cash flow return, (F) return on net assets, (G) return on assets, (H) return on investment,
(I) return on capital, (J) return on equity, (K) economic value added, (L) operating margin, (M) contribution margin, (N) net income, (O) net income per Unit, (P) pretax earnings, (Q) pretax earnings
before interest, depreciation and amortization, (R) pretax operating earnings after interest expense and before incentives, service fees, and extraordinary or special items, (S) total unitholder return, (T) debt reduction,
(U) market share, (V) change in the Fair Market Value of the Units, (W) operating income, and (X) any of the above goals determined on an absolute or relative basis or as compared to the performance of a published or special
index deemed applicable by the Committee including, but not limited to, the Standard & Poor’s 500 Stock Index or a group of comparable companies. Performance goals may differ for Performance Awards granted to any one Participant or to
different Participants. 
 (ii) Performance Periods. Achievement of performance goals in respect of such
Performance Awards shall be measured over a performance period of up to ten years, as specified by the Committee. Performance goals shall be established by the Committtee not later than 90 days after the beginning of any performance period
applicable to such Performance Awards. 
 (iii) Settlement. At the end of each performance period, the
Committee shall determine the amount, if any, of the amount of the potential Performance Award otherwise payable to each Participant and such amount shall be paid to the Participant no later than March 15 of the year following the year that
included the last day of the performance period. Settlement of such Performance Awards shall be in cash, Units, other Awards or other property, in the discretion of the Committee. The Committee may, in its discretion, reduce or increase the amount
of a settlement otherwise to be made in connection with such Performance Awards. The Committee shall specify the circumstances in which such Performance Awards shall be paid or forfeited in the event of termination of employment by the Participant
prior to the end of a performance period or settlement of Performance Awards. 
 (j) Certain Provisions
Applicable to Awards. 
 (i) Stand-Alone, Additional, Tandem and Substitute Awards. Awards may, in the
discretion of the Committee, be granted either alone or in addition to, in tandem with, or in substitution for any other Award granted under the Plan or any award granted under any other plan of the Partnership or any Affiliate. Awards granted in
addition to, in substitution for, or in tandem with other Awards or awards granted under any other plan of the Partnership or any Affiliate may be granted either at the same time as or at a different time from the grant of such other Awards or
awards. If an Award is granted in substitution or exchange for another Award, the Committee shall require the surrender of such other Award in consideration for the grant of the new Award. Awards under the Plan may be granted in lieu of cash
compensation, including in lieu of cash amounts payable under other plans of the General Partner, the Partnership, or any Affiliate, in which the value of Units subject to the Award is equivalent in value to the

  
 12 

 
cash compensation, or in which the exercise price, grant price, or purchase price of the Award in the nature of a right that may be exercised is equal to the Fair Market Value of the underlying
Units minus the value of the cash compensation surrendered. Awards granted pursuant to the preceding sentence shall be designed, awarded and settled in a manner that does not result in additional taxes under Section 409A the Code and the 409A
Regulations. 
 (ii) Limits on Transfer of Awards. 

(A) Except as provided in Section 6(j)(ii)(C) below, each Option and Unit Appreciation Right shall be exercisable
only by the Participant during the Participant’s lifetime, or by the Person to whom the Participant’s rights shall pass by will or the laws of descent and distribution. 

(B) Except as provided in Section 6(j)(ii)(C) below, no Award and no right under any such Award may be assigned,
alienated, pledged, attached, sold or otherwise transferred or encumbered by a Participant and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable against the General Partner,
the Partnership or any Affiliate. For the avoidance of doubt, this Section 6(j)(ii)(B) does not apply to any Award that has been settled (e.g., a Unit Award that has been granted or an Option that has been exercised). 

(C) To the extent specifically provided by the Committee with respect to an Option or Unit Appreciation Right, an Option
or Unit Appreciation Right may be transferred by a Participant without consideration to immediate family members or related family trusts, limited partnerships or similar entities or on such terms and conditions as the Committee may from time to
time establish. 
 (iii) Term of Awards. The term of each Award shall be for such period as may be
determined by the Committee. 
 (iv) Form and Timing of Payment under Awards; Deferrals. Subject to the
terms of the Plan and any applicable Award agreement, payments to be made by the General Partner, the Partnership, or any Affiliate upon the exercise of an Option or other Award or settlement of an Award may be made in such forms as the Committee
shall determine, including without limitation cash, Units, other Awards or other property, and may be made in a single payment or transfer, in installments, or on a deferred basis; provided, however, that any such deferred payment will
be set forth in the agreement evidencing such Award and/or otherwise made in a manner that will not result in additional taxes under Section 409A the Code and the 409A Regulations. Except as otherwise provided herein, the settlement of any
Award may be accelerated, and cash paid in lieu of Units in connection with such settlement, in the discretion of the Committee or upon occurrence of one or more specified events (in addition to a Change of Control). Installment or deferred payments
may be required by the Committee (subject to Section 7(a) of the Plan, including the consent provisions thereof in the case of any deferral of an outstanding Award not provided for in the original Award Agreement) or permitted at the election
of the Participant on terms and conditions established by the Committee and in compliance with Section 409A the Code and the 409A Regulations. 

  
 13 

 
Payments may include, without limitation, provisions for the payment or crediting of reasonable interest on installment or deferred payments or the grant or crediting of DERs or other amounts in
respect of installment or deferred payments denominated in Units. This Plan shall not constitute an “employee benefit plan” for purposes of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended. 

(v) Issuance of Units. The Units or other securities of the Partnership delivered pursuant to an Award may be
evidenced in any manner deemed appropriate by the Committee in its sole discretion, including, but not limited to, in the form of a certificate issued in the name of the Participant or by book entry, electronic or otherwise and shall be subject to
such stop transfer orders and other restrictions as the Committee may deem advisable under the Plan or the rules, regulations, and other requirements of the SEC, any stock exchange upon which such Units or other securities are then listed, and any
applicable federal or state laws, and the Committee may cause a legend or legends to be inscribed on any such certificates to make appropriate reference to such restrictions. 

(vi) Consideration for Grants. Awards may be granted for such consideration, including services, as the Committee
shall determine. 
 (vii) Exemptions from Section 16(b) Liability. It is the intent of the General
Partner that the grant of any Awards to or other transaction by a Participant who is subject to Section 16 of the Exchange Act shall be exempt from such Section pursuant to an applicable exemption (except for transactions acknowledged in
writing to be non-exempt by such Participant). Accordingly, if any provision of this Plan or any Award Agreement does not comply with the requirements of Rule 16b-3 as then applicable to any such transaction, such provision shall be construed or
deemed amended to the extent necessary to conform to the applicable requirements of Rule 16b-3 so that such Participant shall avoid liability under Section 16(b) of the Exchange Act. 

(viii) Delivery of Units or other Securities and Payment by Participant of Consideration. Notwithstanding anything
in the Plan or any Award Agreement to the contrary, delivery of Units pursuant to the exercise, vesting and/or settlement of an Award may be deferred for any period during which, in the good faith determination of the Committee, the General Partner
is not reasonably able to obtain Units to deliver pursuant to such Award without violating applicable law or the applicable rules or regulations of any governmental agency or authority or securities exchange. No Units or other securities shall be
delivered pursuant to any Award until payment in full of any amount required to be paid pursuant to the Plan or the applicable Award Agreement (including, without limitation, any exercise price or tax withholding) is received by the General Partner.

 (ix) Additional Agreements. Each Employee, Consultant or Director to whom an Award is granted under
this Plan may be required to agree in writing, as a condition to the grant of such Award or otherwise, to subject an Award that is exercised or settled following such Person’s termination of services with the General Partner, the Partnership or
their Affiliates to a general release of claims and/or a noncompetition agreement in favor of the General Partner, the Partnership, and their Affiliates, with the terms and conditions of such agreement(s) to be determined in good faith by the
Committee. 

  
 14 

 (x) Termination of Employment. Except as provided herein, the
treatment of an Award upon a termination of employment or any other service relationship by and between a Participant and the General Partner, the Partnership, or any Affiliate shall be specified in the Award Agreement controlling such Award.

 Section 7. Amendment and Termination. Except to the extent prohibited by applicable law: 

(a) Amendments to the Plan and Awards. Except as required by applicable law or the rules of the principal securities exchange, if
any, on which the Units are traded, the Board or the Committee may amend, alter, suspend, discontinue, or terminate the Plan in any manner, including increasing the number of Units available for Awards under the Plan, without the consent of any
partner, Participant, other holder or beneficiary of an Award, or any other Person. Notwithstanding the foregoing, the Committee may waive any conditions or rights under, amend any terms of, or alter any Award theretofore granted, provided
that no change, other than pursuant to Section 7(b), 7(c), 7(d), 7(e), or 7(g) below, in any Award shall materially reduce the rights or benefits of a Participant with respect to an Award without the consent of such Participant. 

(b) Subdivision or Consolidation of Units. The terms of an Award and the number of Units authorized pursuant to Section 4 for
issuance under the Plan shall be subject to adjustment from time to time, in accordance with the following provisions: 
 (i) If at any time, or from time to time, the Partnership shall subdivide as a whole (by reclassification, by a Unit split, by the issuance of a distribution on Units payable in Units, or otherwise) or in
the event the Partnership distributes an extraordinary cash dividend, the number of Units then outstanding into a greater number of Units, then, as appropriate, (A) the maximum number of Units available for the Plan or in connection with Awards
as provided in Section 4 shall be increased proportionately, and the kind of other securities available for the Plan shall be appropriately adjusted, (B) the number of Units (or other kind of securities) that may be acquired under any then
outstanding Award shall be increased proportionately, and (C) the price (including the exercise price) for each Unit (or other kind of securities) subject to then outstanding Awards shall be reduced proportionately, without changing the
aggregate purchase price or value as to which outstanding Awards remain exercisable or subject to restrictions. 

(ii) If at any time, or from time to time, the Partnership shall consolidate as a whole (by reclassification, by reverse
Unit split, or otherwise) the number of Units then outstanding into a lesser number of Units, (A) the maximum number of Units for the Plan or available in connection with Awards as provided in Section 4 shall be decreased proportionately,
and the kind of other securities available for the Plan shall be appropriately adjusted, (B) the number of Units (or other kind of securities) that may be acquired under any then outstanding Award shall be decreased proportionately, and
(C) the price (including the exercise price) for each Unit (or other kind of securities) subject to then outstanding Awards shall be increased proportionately, without changing the aggregate purchase price or value as to which outstanding
Awards remain exercisable or subject to restrictions. 

  
 15 

 (iii) Whenever the number of Units subject to outstanding Awards and the
price for each Unit subject to outstanding Awards are required to be adjusted as provided in this Section 7(b), the Committee shall promptly prepare a notice setting forth, in reasonable detail, the event requiring adjustment, the amount of the
adjustment, the method by which such adjustment was calculated, and the change in price and the number of Units, other securities, cash, or property purchasable subject to each Award after giving effect to the adjustments. The Committee shall
promptly provide each affected Participant with such notice. 
 (iv) Adjustments under Sections 7(b)(i) and
(ii) shall be made by the Committee, and its determination as to what adjustments shall be made and the extent thereof shall be final, binding, and conclusive. No fractional interest shall be issued under the Plan on account of any such
adjustments. 
 (c) Recapitalizations. If the Partnership recapitalizes, reclassifies its equity
securities, or otherwise changes its capital structure (a “recapitalization”) without a Change of Control, the number and class of Units covered by an Award theretofore granted shall be adjusted so that such Award shall
thereafter cover the number and class of Units and securities to which the holder would have been entitled pursuant to the terms of the recapitalization if, immediately prior to the recapitalization, the holder had been the holder of record of the
number of Units then covered by such Award and the Unit limitations provided in Section 4 shall be adjusted in a manner consistent with the recapitalization. 

(d) Additional Issuances. Except as expressly provided herein, the issuance by the Partnership of units of any
class or securities convertible into units of any class, for cash, property, labor or services, upon direct sale, upon the exercise of rights or warrants to subscribe therefor, or upon conversion of units or obligations of the Partnership
convertible into such units or other securities, and in any case whether or not for fair value, shall not affect, and no adjustment by reason thereof shall be made with respect to, the number of Units subject to Awards theretofore granted or the
purchase price per Unit, if applicable. 
 (e) Change of Control. Notwithstanding any other provisions of
the Plan or any Award Agreement to the contrary, upon a Change of Control the Committee, acting in its sole discretion without the consent or approval of any holder, may affect one or more of the following alternatives, which may vary among
individual holders and which may vary among Awards: (i) remove any applicable forfeiture restrictions on any Award; (ii) accelerate the time of exercisability or the time at which the Restricted Period shall lapse to a specific date,
before or after such Change of Control, specified by the Committee; (iii) require the mandatory surrender to the General Partner or the Partnership by selected holders of some or all of the outstanding Awards held by such holders (irrespective
of whether such Awards are then subject to a Restricted Period or other restrictions pursuant to the Plan) as of a date, before or after such Change of Control, specified by the Committee, in which event the Committee shall thereupon cancel such
Awards and pay to each holder an amount of cash per Unit equal to the amount calculated in Section 7(f) (the “Change of Control Price”) less the exercise price, if any, applicable to such Awards; provided,
however, that to the extent the exercise price of an Option 

  
 16 

 
or a Unit Appreciation Right exceeds the Change of Control Price, no consideration will be paid with respect to that Award; (iv) cancel Awards that remain subject to a Restricted Period as
of the date of a Change of Control without payment of any consideration to the Participant for such Awards; or (v) make such adjustments to Awards then outstanding as the Committee deems appropriate to reflect such Change of Control (including,
but not limited to, the substitution of Awards for new awards); provided, however, that the Committee may determine in its sole discretion that no adjustment is necessary to Awards then outstanding. 

(f) Change of Control Price. The “Change of Control Price” shall equal the amount
determined in clause (i), (ii), (iii), (iv) or (v), whichever is applicable, as follows: (i) the per Unit price offered to unitholders of the Partnership in any merger or consolidation, (ii) the per Unit value of the Units immediately
before the Change of Control without regard to assets sold in the Change of Control and assuming the General Partner or the Partnership, as applicable, has received the consideration paid for the assets in the case of a sale of the assets,
(iii) the amount distributed per Unit in a dissolution transaction, (iv) the price per Unit offered to unitholders of the Partnership in any tender offer or exchange offer whereby a Change of Control takes place, or (v) if such Change
of Control occurs other than pursuant to a transaction described in clauses (i), (ii), (iii), or (iv) of this Section 7(f), the Fair Market Value per Unit of the Units that may otherwise be obtained with respect to such Awards or to which
such Awards track, as determined by the Committee as of the date determined by the Committee to be the date of cancellation and surrender of such Awards. In the event that the consideration offered to unitholders of the Partnership in any
transaction described in this Section 7(f) or Section 7(e) consists of anything other than cash, the Committee shall determine the fair cash equivalent of the portion of the consideration offered which is other than cash. 

(g) Impact of Corporate Events on Awards Generally. In the event of changes in the outstanding Units by reason of
a recapitalization, reorganization, merger, consolidation, combination, exchange or other relevant change in capitalization occurring after the date of the grant of any Award and not otherwise provided for by this Section 7, any outstanding
Awards and any Award Agreements evidencing such Awards shall be subject to adjustment by the Committee at its discretion, which adjustment may, in the Committee’s discretion, be described in the Award Agreement and may include, but not be
limited to, adjustments as to the number and price of Units or other consideration subject to such Awards, accelerated vesting (in full or in part) of such Awards, conversion of such Awards into awards denominated in the securities or other
interests of any successor Person, or the cash settlement of such Awards in exchange for the cancellation thereof. In the event of any such change in the outstanding Units, the aggregate number of Units available under this Plan may be appropriately
adjusted by the Committee, whose determination shall be conclusive. 
 Section 8. General
Provisions. 
 (a) No Rights to Award. No Person shall have any claim to be granted any Award
under the Plan, and there is no obligation for uniformity of treatment of Participants. The terms and conditions of Awards need not be the same with respect to each recipient. 

(b) Tax Withholding. Unless other arrangements have been made that are acceptable to the General Partner or an
Affiliate, the Partnership or Affiliate is authorized to deduct, withhold, or cause to be deducted or withheld, from any Award, from any payment due 

  
 17 

 
or transfer made under any Award or from any compensation or other amount owing to a Participant the amount (in cash, Units, Units that would otherwise be issued pursuant to such Award or other
property) of any applicable taxes payable in respect of the grant or settlement of an Award, its exercise, the lapse of restrictions thereon, or any other payment or transfer under an Award or under the Plan and to take such other action as may be
necessary in the opinion of the General Partner or Affiliate to satisfy its withholding obligations for the payment of such taxes. Notwithstanding the foregoing, with respect to any Participant who is subject to Rule 16b-3, such tax withholding
automatically shall be effected by the General Partner either by (i) “netting” or withholding Units otherwise deliverable to the Participant on the vesting or payment of such Award, or (ii) requiring the Participant to pay an
amount equal to the applicable taxes payable in cash. 
 (c) No Right to Employment or Services. The
grant of an Award shall not be construed as giving a Participant the right to be retained in the employ of the General Partner or any Affiliate, to continue providing consulting services, or to remain on the Board, as applicable. Furthermore, the
General Partner or an Affiliate may at any time dismiss a Participant from employment or his or her service relationship free from any liability or any claim under the Plan, unless otherwise expressly provided in the Plan, any Award Agreement or
other agreement. 
 (d) Governing Law. The validity, construction, and effect of the Plan and any rules
and regulations relating to the Plan shall be determined in accordance with the laws of the State of Delaware without regard to its conflicts of laws principles. 

(e) Severability. If any provision of the Plan or any Award is or becomes or is deemed to be invalid, illegal, or
unenforceable in any jurisdiction or as to any Person or Award, or would disqualify the Plan or any Award under any law deemed applicable by the Committee, such provision shall be construed or deemed amended to conform to the applicable law or, if
it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent of the Plan or the Award, such provision shall be stricken as to such jurisdiction, Person or Award and the remainder of the Plan
and any such Award shall remain in full force and effect. If any of the terms or provisions of the Plan or any Award Agreement conflict with the requirements of Rule 16b-3 (as those terms or provisions are applied to Participants who are subject to
Section 16(b) of the Exchange Act), then those conflicting terms or provisions shall be deemed inoperative to the extent they so conflict with the requirements of Rule 16b-3 (unless the Board or the Committee, as appropriate, has expressly
determined that the Plan or such Award should not comply with Rule 16b-3). 
 (f) Other Laws. The
Committee may refuse to issue or transfer any Units or other consideration under an Award if, in its sole discretion, it determines that the issuance or transfer of such Units or such other consideration might violate any applicable law or
regulation, the rules of the principal securities exchange on which the Units are then traded, or entitle the Partnership or an Affiliate to recover the same under Section 16(b) of the Exchange Act, and any payment tendered to the General
Partner by a Participant, other holder or beneficiary in connection with the exercise of such Award shall be promptly refunded to the relevant Participant, holder or beneficiary. 

  
 18 

 (g) No Trust or Fund Created. Neither the Plan nor any Award shall
create or be construed to create a trust or separate fund of any kind or a fiduciary relationship between the General Partner or any Affiliate and a Participant or any other Person. To the extent that any Person acquires a right to receive payments
from the General Partner or any Affiliate pursuant to an Award, such right shall be no greater than the right of any general unsecured creditor of the General Partner or such Affiliate. 

(h) No Fractional Units. No fractional Units shall be issued or delivered pursuant to the Plan or any Award, and
the Committee shall determine in its sole discretion whether cash, other securities, or other property shall be paid or transferred in lieu of any fractional Units or whether such fractional Units or any rights thereto shall be canceled, terminated,
or otherwise eliminated with or without consideration. 
 (i) Headings. Headings are given to the
Sections and subsections of the Plan solely as a convenience to facilitate reference. Such headings shall not be deemed in any way material or relevant to the construction or interpretation of the Plan or any provision thereof. 

(j) Facility of Payment. Any amounts payable hereunder to any individual under legal disability or who, in the
judgment of the Committee, is unable to manage properly his financial affairs, may be paid to the legal representative of such individual, or may be applied for the benefit of such individual in any manner that the Committee may select, and the
General Partner shall be relieved of any further liability for payment of such amounts. 
 (k) Allocation of
Costs. Nothing herein shall be deemed to override, amend, or modify any cost sharing arrangement, omnibus agreement, or other arrangement between the General Partner, the Partnership, and any Affiliate regarding the sharing of costs between
those entities. 
 (l) Gender and Number. Words in the masculine gender shall include the feminine
gender, the plural shall include the singular and the singular shall include the plural. 
 (m) Compliance
with Section 409A. Nothing in the Plan or any Award Agreement shall operate or be construed to cause the Plan or an Award to fail to comply with the requirements of Section 409A of the Code. The applicable provisions of
Section 409A the Code and the 409A Regulations are hereby incorporated by reference and shall control over any Plan or Award Agreement provision in conflict therewith. All 409A Awards shall be designed to comply with Section 409A of the
Code. 
 (n) Specified Employee under Section 409A of the Code. Subject to any other restrictions or
limitations contained herein, in the event that a “specified employee” (as defined under Section 409A of the Code and the 409A Regulations) becomes entitled to a payment under an Award which is a 409A Award on account of a
“separation from service” (as defined under Section 409A of the Code and the 409A Regulations), to the extent required by the Code, such payment shall not occur until the date that is six months plus one day from the date of such
separation from service. Any amount that is otherwise payable within the six-month period described herein will be aggregated and paid in a lump sum without interest. 

(o) No Guarantee of Tax Consequences. None of the Board, the Committee, the Partnership nor the General Partner
makes any commitment or guarantee that any federal, state or local tax treatment will (or will not) apply or be available to any Participant. 

  
 19 

 Section 9. Term of the Plan. The Plan shall be effective on the date on
which it is adopted by the Board and shall continue until the earliest of (i) the date terminated by the Board, (ii) all Units available under the Plan have been delivered to Participants, or (iii) the 10th anniversary of the date the
Plan is adopted by the Board. However, any Award granted prior to such termination, and the authority of the Board or Committee to amend, alter, adjust, suspend, discontinue, or terminate any such Award or to waive any conditions or rights under
such Award, shall extend beyond such termination date. 
 IN WITNESS WHEREOF, this Plan has been executed as of the date
first written above. 
  

	
	HI-CRUSH PARTNERS LP,
	
	by its General Partner:
	
	HI-CRUSH GP LLC
	
	By:                             
                                         
                          
	       Name:
	       Title:

  
 20Supply Agreement - Weatherford Artificial Lift Systems, Inc.

 Exhibit 10.5 
 SPECIFIC TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT OF THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN SEPARATELY SUBMITTED TO THE SECURITIES AND EXCHANGE
COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH THREE ASTERISKS (***). 
 SUPPLY AGREEMENT

 This SUPPLY AGREEMENT (this “Agreement”) is effective as of January 11, 2011, between Weatherford
Artificial Lift Systems, Inc., a Delaware corporation, and its affiliates (“Weatherford”), and Hi-Crush Operating LLC, a Delaware limited liability company (“Supplier”). Hi-Crush Chambers LLC, a Delaware limited liability company
(“Grantor”), is entering into this Agreement solely for purposes Section 8.1 and Section 8.7 hereof. 
 RECITALS: 
 1. Weatherford and its Affiliates carry on the business of the design,
manufacture and supply of goods and services in the Oilfield Business as defined below; 
 2. Supplier is able to supply certain goods for
Weatherford; 
 3. Weatherford requires high quality sand for use as a proppant in providing certain of its hydraulic fracturing and oilfield
services; 
 4. Supplier desires to sell such sand and is able to provide the proppant to Weatherford; 

5. Weatherford desires to purchase *** sand from Supplier under the terms and conditions set forth in this Agreement; and 

6. Supplier is willing to undertake the supply of the products for Weatherford and its Affiliates under the terms of this Agreement. 

AGREEMENT 
 In consideration of the premises and the respective covenants and agreements contained herein, the receipt and sufficiency of which is hereby acknowledged, the Parties hereto agree as follows: 

1. Definitions 
  

	1.1	In addition to terms defined elsewhere in this Agreement, the following terms shall have the following meanings unless the context otherwise requires:

  

	 	(a)	Affiliate or affiliate in relation to either Party means any corporation, limited liability company, partnership, proprietorship, joint venture or other
entity directly or indirectly controlled by, controlling, or under common control with that Party. With respect to Supplier, Affiliate shall mean and include Hi-Crush Proppants LLC and its subsidiary entities. Supplier represents that Hi-Crush
Proppants LLC is its sole and direct member, and that all Supplier-related entities at and below Hi-Crush Proppants LLC capture all Supplier-related entities. With respect to Weatherford entities, it shall include any U.S. and international
entities. 

  
 pg. 1

	 	(b)	Business Day means any day other than a Saturday, Sunday, or other day on which commercial banks in Houston, Texas are authorized or required by law to close.

  

	 	(c)	Contract Year means the initial period starting on the Effective Date until July 1, 2012 and each of the two (2) successive periods of twelve
(12) calendar months occurring immediately thereafter. 

  

	 	(d)	Damages means any and all liabilities, losses, damages, demands, assessments, claims, costs and expenses, whether known or unknown, now existing or hereafter
arising, contingent or liquidated (including interest, awards, judgments, penalties, settlements, fines, out-of-pocket costs and expenses incurred in connection with investigating and defending any claims or causes of action (including, without
limitation, reasonable attorneys’ fees and expenses and all reasonable fees and expenses of consultants and other professionals)). The term “Damages” shall not include consequential, incidental, special, exemplary or punitive damages.

  

	 	(e)	Effective Date means the later of (i) the date written at the beginning of this Agreement and (ii) the date on which this Agreement and the Mortgage
have been fully executed and delivered by all Parties hereto, the title commitment from First American Title Company has been issued to Grantor and all conditions set forth therein satisfied by Supplier, and the UCC-1 Financing Statements and
Mortgage filed. 

  

	 	(f)	Force Majeure means in relation to either Party, any circumstances beyond the reasonable control of that Party, including war (whether declared or undeclared),
acts of God, including fire, flood, storms and earthquakes, embargoes, or riot, civil disturbance, insurrection, sabotage, and events or occurrences adversely impacting Supplier’s Facility, but excluding (i) economic downturns,
(ii) recessions, (iii) depressions, and (iv) strikes, lock-outs or other similar acts of the Party’s employees. 

  

	 	(g)	Intellectual Property means any or all of the following and all rights in, arising out of, or associated therewith: (i) all United States, international and
foreign patents and applications therefor and all reissues, divisions, renewals, extensions, provisionals, continuations and continuations-in-part thereof; (ii) all inventions (whether patentable or not), invention disclosures, discoveries,
formulae, formulations, improvements, trade secrets, proprietary information, know how, technology, technical data and customer lists, and all documentation relating to any of the foregoing; (iii) all copyrights, copyrights registrations and
applications therefor, and all other rights corresponding thereto throughout the world; (iv) all industrial designs and any registrations and applications therefor throughout the world; (v) all trade names, URLs, logos, common law
trademarks and service marks, trademark and service mark registrations and applications therefor throughout the world; (vi) all customer and supplier databases and customer and supplier data collections and all rights therein throughout the
world, including but not limited to customer and supplier data; (vii) all moral and economic rights of authors and inventors, however denominated, throughout the world; (viii) technical and product specification, equipment descriptions,
plans, layouts, drawings, computer programs, assembly, quality control, installation and operating procedures, operating manuals, technical and marketing information, designs, data; and (ix) any similar or equivalent rights to any of the
foregoing anywhere in the world. 

  
 pg. 2

	 	(h)	Mortgage means the mortgage to be executed on the date hereof by Grantor and to be filed by Weatherford in accordance with Section 3.3(e), in the
form attached hereto as Annex 1. 

  

	 	(i)	Oilfield Business as used herein means the fields of exploration, recovery and production of minerals, gases, solid materials, fluids, water, oil, gas, and
geothermal and such exploration, recovery and production includes, without limitation, exploration, drilling, production, reinjection, characterization, seismic modeling and data, extraction, treatment, storage, and transportation of each of
such minerals, gases, solid materials, fluids, water, oil, gas and geothermal and any and all associated equipment, products and services, well site treatment, pipelines, offshore platforms, and fluid waste disposal. For purposes of clarification,
the refining of oil and gas, and the storage and transportation of refined oil and gas, shall be excluded from the foregoing definition. 

  

	 	(j)	Person or person means any entity, including any partnership, corporation, limited liability company or governmental entity, and any natural person.

  

	 	(k)	Product(s) means generally, whether singular or plural, Northern White grade *** frac sand. 

 

	 	(l)	Quality Standard means a manufacturing standard that conforms to ISO 13503-2, Proppant Specifications, and will be accompanied by appropriate supporting
documentation, as outlined in Exhibit A. 

  

	 	(m)	Specifications means the specifications for the Products as set forth in this Agreement or a Work Order. 

 

	 	(n)	Supplier or Weatherford means, for the purposes of the indemnification, release and limitation provisions of this Agreement as follows: “Supplier”
shall include Supplier and Supplier’s Affiliates, and their respective officers, directors, employees, or any or all of such parties. “Weatherford” shall include Weatherford, its parent or Affiliates, and their respective officers,
directors, employees, or any or all of such parties. 

  

	 	(o)	Supplier Intellectual Property means all Intellectual Property developed and/or owned by Supplier prior to, on or after the date of this Agreement. For
clarification, to the extent any Supplier Intellectual Property is incorporated into the Product, such Intellectual Property and any development, enhancement or derivative thereof, shall remain the property of Supplier. 

 

	 	(p)	Term means the period commencing on the Effective Date of this Agreement and ending when this Agreement is terminated or expires in accordance with the
provisions of Article 7. 

  
 pg. 3

	 	(q)	UCC-1 Financing Statements means the UCC-1 financing statements to be filed by Weatherford in accordance with Section 3.3(e), in the form attached
hereto as Annex 2. 

  

	 	(r)	Weatherford Intellectual Property means all Intellectual Property developed and/or owned by Weatherford prior to, on or after the date of this Agreement. For
clarification, to the extent any Weatherford Intellectual Property is incorporated into the Product by or on behalf of Weatherford after the delivery of the Product to Weatherford, such Intellectual Property and any development, enhancement or
derivative thereof, shall remain the property of Weatherford. 

  

	 	(s)	Work Order means the documents by which Weatherford orders Product from Supplier. For clarification, the Parties are free to issue/accept Work Orders in various
formats, including purchase orders, emails and other communications between the Parties, which shall be hereafter referred to as Work Order regardless of format. Each Work Order shall be subject to the Parties’ agreement as specified in the
Work Order and all terms and provisions of this Agreement. For the avoidance of doubt, any variation in a Work Order of the agreed upon Specifications set forth in this Agreement shall not be effective unless agreed to in writing by Supplier. No
terms of a Work Order, Internet site, order confirmation or other writing shall have the effect of modifying this Agreement. 

  

	 	(t)	Year means a twelve-month period. 

  

	1.1	General Terms. As used in this Agreement, unless expressly stated otherwise, references to (a) “including” mean “including, without
limitation”; (b) “or” mean “either or both”; (c) a “party” or “Party” means Weatherford or Supplier, as the context may require, and “parties” or “Parties” means Weatherford
and Supplier and (d) “day” or “days” means calendar days unless specified as a “Business Day.” Unless otherwise specified, all references in this Agreement to Articles or Sections are deemed references to the
corresponding Articles or Sections in this Agreement. Any notice to be given hereunder shall be in accordance with the provisions of Article 10. 

 2. Production and Supply of the Products 
  

	2.1	Commencement of Production/Minimum Supply. 

  

	 	(a)	Beginning in July of 2011, Supplier is obligated to sell and Weatherford is obligated to buy each year for three (3) years, 330,000 tons of Product per year
consisting of no more than *** tons of *** and up to *** tons of *** (the “Minimum Supply”). Supplier shall be under no obligation to supply or sell, and Weatherford shall not have the right to buy, Product in excess of the Minimum Supply.
In the event that Supplier fails to supply to Weatherford the Minimum Supply during any Contract Year (a “Supply Shortfall”), Supplier shall have *** after the end of such Contract Year to, as the sole and exclusive remedy for such Supply
Shortfall, in its discretion, either (i) tender the Supply Shortfall, including by supplying Product from one or more third parties in accordance with Section 2.8, or (ii) pay to Weatherford *** of the end of the Contract Year,
as liquidated damages, an amount equal to amount of the Supply Shortfall (expressed in tons) multiplied by $***. 

  
 pg. 4

	 	(b)	The “Monthly Maximum Supply Availability” during the Term is set forth in the table below. Supplier will not be obligated to fulfill orders that exceed the
Monthly Maximum Supply Availability for a specific calendar month. Additionally, no more than *** of Product supplied in any given calendar month shall be ***. 

 Monthly Maximum Supply Availability 
  

			
	 Month
	  	 Maximum Supply

	January ‘11	  	0
	February ‘11	  	0
	March ‘11	  	0
	April ‘11	  	0
	May ‘11	  	0
	June ‘11	  	0
	July ‘11	  	20,000 tons/month
	August ‘11	  	20,000 tons/month
	September ‘11	  	25,000 tons/month
	Remaining 2011 and all of 2012	  	35,000 tons/month

  

	2.2	Supply Requirements; Price and Volume Discounts. 

 

	 	(a)	During the term of this Agreement, (i) for the first 495,000 tons of Product purchased by Weatherford, the price will be $***/ton, and (ii) for the second
495,000 tons of Product purchased by Weatherford, the price will be ***. Any Product purchased in excess of 990,000 tons will be priced at ***. All prices specified in this Agreement and all amounts owing from one Party to the other will be in U.S.
Dollars. 

  

	 	(b)	Weatherford agrees to prepay $16,500,000 (the “2011 Prepayment”), representing payment for 100% of the Minimum Purchase Requirement for the first Contract
Year. The 2011 Prepayment shall be made to Supplier within one (1) Business Day following the Effective Date of this Agreement, by wire transfer of immediately available funds to the account designated in writing by Supplier. Weatherford agrees
to prepay $8,250,000 (the “2012 Prepayment”), representing payment for the first 165,000 tons of the Minimum Purchase Requirement for the second Contract Year. The 2012 Prepayment shall be made to Supplier on or before June 30, 2012,
by wire transfer of immediately available funds to the account designated in writing by Supplier. 

  

	2.3	 Weatherford Minimum Purchase Requirement. During the Term, Weatherford shall be required to take and, in accordance with
Section 3.1, pay for an aggregate of 330,000 tons of Product per Contract Year (the “Minimum Purchase Requirement”); provided, however, that if, due solely to the unavailability of rail cars in the market, Weatherford is unable
to take delivery of Products as contemplated hereunder for a period of time during a Contract Year, Weatherford shall not be deemed to be in breach of this Agreement as a result of such failure

  
 pg. 5

	 	
so long as Weatherford is using best efforts to obtain rail cars and minimize the period of time during which Weatherford is unable to take delivery of Products; provided, further, however, that
nothing in this sentence shall be construed to relieve Weatherford of its obligations to make payments under this Agreement (including the obligation to make any Makewhole Payments as contemplated in this Section 2.3). The Minimum
Purchase Requirement shall be ordered by Weatherford in installments of not less than 15,000 tons of Product per calendar month (the “Monthly Minimum Requirement”), and not more than the Monthly Maximum Supply Availability, beginning in
July of 2011 and continuing thereafter for each calendar month during the Term. In the event that Weatherford fails to purchase one twelfth (1/12) of the Minimum Purchase Requirement of Product from Supplier during any particular calendar month
in which Supplier was ready, willing and able to deliver 30,000 tons of Product, then the “Purchase Shortfall” shall be the amount by which one twelfth (1/12) of the Minimum Purchase Requirement exceeds the amount of Product actually
purchased by Weatherford during such calendar month. On written notice of such Purchase Shortfall to Weatherford by Supplier, Weatherford shall have *** after the month of the Purchase Shortfall to purchase tonnage of Product in excess of the
Monthly Minimum Requirement (but subject to the Monthly Maximum Supply Availability) to make up for the Purchase Shortfall. If Weatherford fails to purchase the full amount of the Purchase Shortfall in such *** period, Weatherford shall be obligated
to pay to Supplier an amount equal to the amount of the Purchase Shortfall not purchased by Weatherford in such *** period (expressed in tons) multiplied by $*** (the “Makewhole Payment”). The Makewhole Payment shall be paid within *** of
written demand by Supplier, by wire transfer of immediately available funds to the account designated in writing by Supplier. The aggregate Purchase Shortfall amount for a Contract Year shall not exceed the Minimum Purchase Requirement for such
Contract Year less the amount of Product ordered and delivered to Weatherford. Weatherford reserves the right to resell goods purchased from Supplier if deemed necessary by Weatherford in order to satisfy the Minimum Purchase Requirement. Supplier
shall not be obligated to deliver more than the Monthly Maximum Supply Availability on any given calendar month. 

  

	2.4	Forecast of Demand. Weatherford shall provide, on a quarterly basis, a non-binding 3-month rolling volume forecast of its anticipated purchase of
Products (“Forecast Amount”). Updates to the Forecast Amount indicated in the six-month rolling volume forecast will be made and communicated periodically outside of the three-month rolling volume forecast as promptly as practicable after
Weatherford becomes aware of such changes. Supplier shall notify Weatherford within ten (10) Business Days of receiving a forecast or update if Supplier anticipates being unable to meet the anticipated purchase amounts. Supplier shall not be
obligated to deliver more than the Monthly Maximum Supply Availability on any given calendar month. 

  

	2.5	Title and Risk Of Loss. All Products will be shipped FOB, Supplier’s facility located in Wyeville, Wisconsin or at the Adams Rail Facility in
Adams, Wisconsin, at the Readsberg Rail Facility in Readsberg, Wisconsin, or at a similar rail location in Wisconsin (collectively “Supplier’s Facility”), as determined by Supplier in its reasonable discretion. Title and risk of
loss or damage to Products shall pass to Weatherford at the time the Products are delivered to the carrier. Supplier is not responsible for unfilled orders resulting from any shortage or lack of availability of rail cars for shipment of orders
except that Supplier must always meet the Minimum Supply volumes as specified in Section 2.1. Supplier warrants clear title to the Products at the time title to the Products passes to Weatherford, free from any and all liens or other
encumbrances. Supplier is responsible for properly loading the Product on the nominated carrier, at its expense, and will comply with any documentary instructions of Weatherford in the shipment process. 

  
 pg. 6

	2.6	Orders. During the Term, Supplier shall supply to Weatherford, and Weatherford shall purchase, the types and amounts of the Products ordered by
Weatherford from time to time under this Agreement; provided that Supplier shall be under no obligation to supply or sell, and Weatherford shall not have the right to buy Products in excess of the Minimum Purchase Requirement or the Monthly Maximum
Supply Availability. This Agreement shall control and govern all transactions between the Parties with respect to the sales and purchases of Products, whether under subsequent verbal and/or written Work Orders, unless subject to an express, duly
executed agreement (which is not a pre-printed form, terms contained on an Internet site or order confirmation) for the particular subject matter. The terms of this Agreement shall prevail over the terms in the Work Order in the event of a conflict
unless specific reference and identification is made to the provision of this Agreement to be modified and the intention to modify is explicitly stated and signed by both Parties. Such changes shall be effective for that Work Order only. Printed
terms and conditions contained in documents issued to Weatherford by Supplier or from Weatherford to Supplier with respect to the Products shall be of no force and effect and shall be superseded by the terms and conditions which are contained in
this Agreement. No waiver by either Party of any of the terms, provisions or conditions hereof shall be effective unless said waiver shall be in writing and signed by an authorized officer of such Party and specifically referencing this Agreement.
Supplier agrees to promptly process all of Weatherford’s orders under the terms of this Agreement. 

  

	2.7	Delivery. Supplier agrees that all Products ordered by Weatherford will be delivered to Weatherford per this Article 2 no later than the
delivery date specified in this Agreement, subject to the Monthly Maximum Supply Availability. 

  

	2.8	Alternate Sources of Supply. Supplier may, in its discretion, source Product from third Persons for purposes of selling such Product to Weatherford
hereunder, so long as such Product complies with the Specifications and Quality Standards and Supplier is otherwise in compliance with the other provisions of this Agreement. 

 3. Invoicing and Payment 
  

	3.1	Invoicing and Payment Terms. Subject to any special terms agreed in writing from time to time between Weatherford and Supplier: 

 

	 	(a)	Supplier shall invoice Weatherford on a monthly basis in respect of all Products supplied under this Agreement during the applicable calendar month, within *** of the
end of such calendar month. Each invoice shall be for the tonnage actually ordered. Payment shall be due no later than the *** after the date of the invoice. For the first Contract Year, the 2011 Prepayment shall be applied towards satisfaction of
amounts invoiced with respect to such Contract Year. For the second Contract Year, the 2012 Prepayment shall be applied towards satisfaction of amounts invoiced with respect to 165,000 tons of Product ordered during such second Contract Year.

  
 pg. 7

	 	(b)	Should Weatherford fail to make an adjustment to an invoice to which it was entitled, and as a result has overpaid amounts due to Supplier, then upon such overpayment
becoming known and agreed to by the Parties, Supplier shall issue a credit to Weatherford within ***, which credit may be applied by and utilized by Weatherford against future invoices owing to Supplier and, to the extent any credit has not been
applied or utilized within *** from the date of such overpayment, Supplier shall, upon demand received from Weatherford, immediately refund such remaining credit amount. 

 

	 	(c)	Payments *** or more past due shall bear interest at the rate of *** from (and including) the date on which the applicable payment was due to (but excluding) the date
on which the applicable payment is paid in full. The accrual of interest as provided in the preceding sentence shall not limit any other remedies of Supplier, which shall include the right to terminate this Agreement in accordance with
Section 7.3. 

  

	3.2	Taxes. Any severance, added value, manufacture, excise, or sales or use taxes that may be applicable to the sales made under this Agreement are for
Weatherford’s account, and Weatherford hereby agrees to pay such taxes. Any increase in current or new federal, state or local taxes, including but not limited to severance, added value, manufacture, excise or sales or use taxes, which shall
become due by reason of the severance, manufacture, sale or delivery of the Product by Supplier to Weatherford shall be reimbursed to Supplier by Weatherford, and such taxes shall be separately listed on each monthly invoice to Weatherford. All
other charges, including but not limited to those relating to state and federal environmental and energy laws and regulations, assessed by any governmental entity relating to the severance, manufacture, sale or delivery of the Product shall be for
Weatherford’s account, and Weatherford hereby agrees to pay such other charges. The provisions of this Section shall continue after termination of this Agreement. 

 

	3.3	Security Interest. 

  

	 	(a)	To secure the performance of Supplier’s delivery of 100% of the Minimum Supply of Product for the first Contract Year and 50% of the Minimum Supply of Product for
the second Contract Year, Supplier hereby grants to Weatherford a first priority mortgage and security interest in the following inventory, minerals and as-extracted collateral of Supplier: all of Supplier’s right, title and interest in and to
600,000 tons of unmined or unprocessed sand (the “Secured Sand”) located at Grantor’s real property in Monroe County, Wisconsin described in Exhibit B (provided that the foregoing security interest shall apply to only 300,000
tons of such sand following Supplier’s delivery to Weatherford of 100% of the Minimum Supply of Product for the first Contract Year) and all proceeds and products of the foregoing (together with the Secured Sand, the “Collateral”).

  

	 	(b)	Supplier shall pay all reasonable expenses and upon request, take any action reasonably deemed advisable by Weatherford to establish evidence and maintain the priority
of, perfect, terminate and/or enforce Weatherford’s security interest in the Collateral. Supplier hereby authorizes Weatherford to file mortgages and Uniform Commercial Code financing statements describing the Collateral as collateral and
amendments and correction statements to such financing statements. Supplier hereby covenants and agrees that it shall from and after the date hereof execute and deliver all mortgages, agreements and other documents necessary or desirable to evidence
and perfect Weatherford’s security interest in the Collateral. 

  
 pg. 8

	 	(c)	Upon transfer of the title and risk of loss to Weatherford of 100% of the Minimum Supply of Product for the first Contract Year and 50% of the Minimum Supply of Product
for the second Contract Year pursuant to Article 2, the security interest set forth in Section 3.3(a) shall be automatically terminated and released and Weatherford agrees to file, and authorizes Supplier (after notice to
Weatherford) to file, such UCC-3 termination statements and other documents and releases as are deemed reasonably necessary by Supplier to evidence such termination and release. 

 

	 	(d)	During the period that the security interest above applies, Supplier hereby covenants and agrees to maintain and reserve on or under its premises in Monroe County,
Wisconsin described on Exhibit B at least 600,000 tons (reduced to 300,000 tons following Supplier’s delivery to Weatherford of 100% of the Minimum Supply of Product for the first Contract Year) of unencumbered unmined or unprocessed
sand, suitable for processing if unmined, with respect to the Minimum Supply of Product for the first Contract Year and 50% of the Minimum Supply of Product for the second Contract Year. 

 

	 	(e)	If execution and delivery of this Agreement and the Mortgage occurs before 4:00 p.m., Central Standard Time, on a Business Day, Weatherford shall file the UCC-1
Financing Statements and Mortgage on the same Business Day that this Agreement and the Mortgage are executed. If execution and delivery of this Agreement and the Mortgage occurs on a day that is not a Business Day or after 4:00 p.m., Central
Standard Time, on a Business Day, Weatherford shall file the UCC-1 Financing Statements and Mortgage no later than 9:00 a.m., Central Standard Time, on the first Business Day after this Agreement and the Mortgage are executed. As a courtesy to
Weatherford, Supplier’s counsel in Wisconsin will coordinate the filing of the Mortgage and UCC-1 Financing Statements, pay any applicable filing and recordation fees, and return filed copies to Weatherford. 

4. Quality of the Products 
  

	4.1	Quality. In entering into this Agreement, Weatherford relies upon Supplier’s expertise to manufacture the Products and Supplier covenants and
warrants to Weatherford that all Products supplied by Supplier pursuant to this Agreement shall: 

  

	 	(a)	Comply with the Quality Standards; 

  

	 	(b)	Conform in all respects to the Specifications, if any as per this Agreement or a Work Order; and 

 

	 	(c)	be free and clear of all liens and other encumbrances at the time title to the Products passes to Weatherford. 

 

	4.2	 Inspection. Supplier shall permit representatives of Weatherford, at any reasonable time and upon reasonable prior notice, to inspect the
Products manufactured by Supplier at 

  
 pg. 9

	 	
Supplier’s Facility prior to the time of delivery of Products to the carrier. Whether or not Weatherford conducts an inspection, Supplier shall provide Weatherford a production sample per
Work Order in order to show compliance with Section 4.1. A “production sample” is defined as one hundred (100) grams of the actual production run and/or lot number of the delivered Product. Such production sample shall be
retained by Supplier and provided to Weatherford up to one hundred twenty (120) days from the date of the Work Order. Supplier shall provide multiple-sieve analysis of Product at Supplier’s facility for inspection/confirmation by
Weatherford. 

  

	4.3	Rejection. Weatherford shall be entitled to reject any of the Products that do not comply with Section 4.1; provided that any Products not
rejected prior to the time of delivery of such Products to the carrier shall be deemed accepted by Weatherford, unless testing of the applicable production sample by an independent third party laboratory conclusively determines that Products
previously accepted by Weatherford do not comply with Section 4.1 (in which case Weatherford may reject such previously accepted Products upon such determination by the independent third party laboratory). In the event that Weatherford
timely rejects any Products, Supplier shall replace such Products at its sole cost. Supplier shall provide such replacement Products at Supplier’s Facility within a reasonable time under the circumstances. The time for fulfillment of the
Minimum Purchase Requirement shall be extended by the amount of time Supplier takes to replace the non-conforming Product with conforming Product. 

  

	4.4	Warranty and Claims. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, INCLUDING, WITHOUT LIMITATION, AS EXPRESSLY SET FORTH IN SECTION 4.1 ABOVE,
NO WARRANTY, EXPRESS OR IMPLIED, SHALL BE APPLICABLE TO THE PRODUCTS, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY AS TO THE QUALITY OF THE PRODUCTS, ANY IMPLIED WARRANTY OF MERCHANTABILITY OR SUITABILITY OR ANY IMPLIED WARRANTY THAT ANY OF THE
PRODUCTS ARE FIT FOR A PARTICULAR PURPOSE, NOTWITHSTANDING ANY COURSE OF DEALING OR INDUSTRY PRACTICE INCONSISTENT WITH THIS AGREEMENT. Should Weatherford choose to provide a warranty to its customers beyond the warranty provided by Supplier,
then Weatherford shall bear the entire cost of such warranty. Should any Product not comply with the warranties of Supplier expressly made in this Agreement, then Supplier shall, as the sole and exclusive remedy of Weatherford, provide replacement
Product to Weatherford at Supplier’s Facility. 

  

	4.5	Insurance Requirements. Each of Supplier and Weatherford shall maintain and exhibit to the other on demand, (a) certificates of comprehensive general
liability insurance and employers liability insurance for such amount as may from time to time be agreed between the Parties but in any event not be less than *** in each case and (b) certificates of excess liability insurance for such amount
as may from time to time be agreed between the Parties but in any event not be less than *** per occurrence. 

 5.
Confidentiality and Intellectual Property Rights 
  

	5.1	Confidential Information. All information concerning this Agreement, including, without limitation, Intellectual Property, the Product, and any data
obtained pursuant to this Agreement shall be deemed “Confidential Information”. Weatherford and Supplier shall hold all Confidential Information in confidence and shall not disclose such information to any third party or otherwise use the
Confidential Information except as stated herein or otherwise agreed between the Parties. 

  
 pg. 10

	5.2	Agreements as to Confidential Information. Each of the Parties, except as agreed otherwise or to the extent necessary in the performance of this
Agreement, shall: 

  

	 	(a)	instruct its directors, officers and employees not to use, analyze, sell, lease, assign, transfer, license, disclose or make available to any third party the
Confidential Information; and 

  

	 	(b)	not copy or duplicate by any means, in whole or in part, the Confidential Information except as permitted herein. 

 

	5.3	Excluded Information. The obligations of the Parties under this Agreement shall not extend to or include Confidential Information exchanged between the
Parties that: 

  

	 	(a)	Is or becomes publicly available without the fault of the receiving Party; 

 

	 	(b)	Is obtained by the receiving Party from a source other than the disclosing Party and where such source was free of any restrictions owed to the disclosing Party on its
use or disclosure. 

  

	 	(c)	Was in the receiving Party’s possession prior to the receiving Party’s receipt thereof from the disclosing Party, without any restriction owed to the
disclosing Party on its use or disclosure; 

  

	 	(d)	Is required to be disclosed by operation of law, judicial or administrative procedure, decree or order or by any regulation or law, subject to Section 5.5
hereof; or 

  

	 	(e)	Is independently developed by Persons who did not have access to the Confidential Information. 

 

	5.4	Additional Obligations. Even if a receiving Party is relieved of its obligations by the exceptions recited above, the receiving Party shall not
make known or cause to be made known that the Confidential Information was acquired from the disclosing Party, or that there may be any similarity between such Confidential Information and other information made available from any other source.

  

	5.5	 Non-disclosure of Agreement. Except as otherwise provided under this Agreement or as may be required by law or regulation, neither Party,
without the prior written consent of the other Party, will disclose to any other Person either the fact that this Agreement exists, the fact that the Parties have made any information available to each other or the fact that any discussions or
negotiations are taking place concerning a possible arrangement or any of the terms, conditions or other facts with respect to any such possible arrangement, including the status thereof; provided that a Party may disclose such information
(a) to its advisors and Affiliates who agree or who are under a legal or fiduciary obligation to maintain the confidentiality of such information and (b) to prospective purchasers, investors or lenders (subject to the execution by the
prospective purchasers, investors or lenders of written confidentiality agreements with terms at least as stringent as those contained herein ); 

  
 pg. 11

	 	
provided, that in no event shall such information be disclosed to a competitor of such other Party unless such competitor is seeking to purchase, invest or lend funds to Supplier. If a receiving
Party receives a request to disclose all or any part of the disclosing Party’s Confidential Information under the terms of a valid and effective subpoena, decree or order issued by a court of competent jurisdiction or by a governmental body,
the receiving Party hereby agrees to, and agrees to cause its Affiliates to, immediately notify the disclosing Party in writing of the existence, terms and circumstances surrounding the request, so that the disclosing Party may seek an appropriate
protective order or waive the receiving Party’s compliance with the provisions of this Agreement (and, if the disclosing Party seeks an order, to provide the cooperation as said owner shall reasonably request); and if disclosure of Confidential
Information is required in the written opinion of a receiving Party’s counsel, the receiving Party shall exercise reasonable efforts, with the cooperation of the disclosing Party, to obtain an order or other reliable assurance that confidential
treatment will be accorded to the disclosed Confidential Information. 

  

	5.6	Intellectual Property and Technology Rights. 

  

	 	(a)	Neither Supplier nor Weatherford shall have the right of use, whether directly or indirectly, the other’s Intellectual Property except as expressly stated in this
Agreement. Ownership of Supplier Intellectual Property or Weatherford Intellectual Property, as the case may be, provided under this Agreement shall remain with the Party providing such Intellectual Property. 

 

	 	(b)	All Intellectual Property developed on or prior to the date of this Agreement or during the Term which is exchanged with the other Party shall remain the property of
the Party that developed such Intellectual Property. Title to Weatherford Intellectual Property shall belong exclusively to Weatherford. Title to Supplier Intellectual Property shall belong exclusively to Supplier. Neither Party shall have the right
of use other than for the purposes expressly stated in this Agreement, whether directly or indirectly, any Intellectual Property of the other Party. 

  

	5.7	Remedies. The Parties hereby agree that the breach of this Article 5 would cause irreparable harm, for which money damages would not be
adequate compensation. If any Party breaches or threatens a breach of the provisions of this Article 5, the other Party shall be entitled to an injunction upon proper proof required by law in any court of competent jurisdiction restraining
the breaching Party from violating the provisions without the necessity of posting a bond therefor. Nothing herein shall be construed as prohibiting the other Party from pursuing any other remedies available to it at law or in equity for enforcement
of this Article 5. 

  

	5.8	Intellectual Property Indemnification. 

  

	 	(a)	The following terms apply to any claim of infringement of any United States patent, by a third party arising out of or relating to a Product furnished to Weatherford by
Supplier under this Agreement (an “Infringement Claim”). Supplier shall indemnify and hold Weatherford harmless from any Damage resulting by reason of an Infringement Claim relating to a Product furnished by Supplier. Subject to
Section 5.8(b), Supplier shall defend or settle, at its own expense, any action or suit against Weatherford with respect to an Infringement Claim for which it is responsible. Weatherford shall promptly notify Supplier of any Infringement
Claim and shall reasonably cooperate with Supplier at Supplier’s expense to facilitate the defense of each claim. 

  
 pg. 12

	 	(b)	Supplier’s obligations under Section 5.8(a) shall not apply to the extent that an Infringement Claim relates to, arises or results from, or is due to
(i) Weatherford’s modification of a Product or use of a Product in combination with any other device and the Infringement Claim would not have arisen in the absence of that modification or combination; (ii) Supplier’s compliance
with designs or specifications of Weatherford; or (iii) Weatherford’s continued use of the allegedly infringing Product after being notified by the Supplier to cease such use. In the event of an act or omission by Weatherford described in
this Section 5.8(b), Weatherford shall indemnify and hold Supplier harmless from any Damage resulting from such act or omission. 

  

	5.9	International Laws. The Parties agree to comply in all respects with the applicable international and national laws that apply to the Products including,
without limitation, all applicable export laws and regulations. In the event of a conflict between any applicable laws, the laws of the U.S.A. shall prevail. Neither Party shall be required to perform any act hereunder which violates said U.S. law.
The Parties shall provide information concerning the technical specifications of the Products and/or the use of the Products in order for the respective Parties to determine the legality of such Products and such information shall be stated in
writing as the Parties may request. 

  

	5.10	Survival of Article 5. Notwithstanding anything to the contrary, the provisions of this Article 5 shall survive any termination of this
Agreement. Each Party also agrees that it will be responsible for any breaches by its Affiliates of the terms of this Article 5. 

 6. Force Majeure 
  

	6.1	Force Majeure Events. If either Party is affected by Force Majeure it shall promptly notify the other Party of the nature and extent of the circumstances
in question. Neither Party shall be deemed to be in breach of this Agreement, or otherwise be liable to the other, for any delay in performance or the non-performance of any of its obligations under this Agreement, to the extent that the delay or
non-performance is due to any Force Majeure, and the time for performance of that obligation shall be extended accordingly; provided, that if the Force Majeure in question prevails for a continuous period in excess of thirty (30) days, the
Parties shall enter into discussions with a view to alleviating its effects, or to agreeing upon such alternative arrangements as the Parties mutually agree. 

 

	6.2	Limitation. Notwithstanding Section 6.1, neither Party shall be relieved of its obligations to make payments as provided herein (including,
but not limited to, the obligations to pay for delivered Products as required hereunder). 

  

	7.	Duration and Termination 

  

	7.1	Term. This Agreement shall be deemed to become effective on the Effective Date and shall continue in effect through *** (such period being referred to
herein as the “Primary Term”), unless earlier terminated as provided herein. This Agreement may be extended beyond the Primary Term by mutual written agreement of the Parties. 

  
 pg. 13

	7.2	Termination by Weatherford. This Agreement may be immediately terminated for breach if Supplier fails to produce and deliver Products that meet the
Specifications for a period of more than ***. Upon such breach, Weatherford may terminate this Agreement immediately by giving written notice of termination to Supplier. Subject to fulfilling its obligations to purchase the Minimum Purchase
Requirement, ***. In the event Supplier has incurred costs in executing the Work Order up to termination, Weatherford shall reimburse Supplier for such documented costs. 

 

	7.3	Termination by Supplier. If Supplier is not then in breach of this Agreement giving rise to an event of termination, Supplier shall be entitled to
terminate this Agreement should Weatherford fail to pay sums due hereunder. Supplier shall give Weatherford written notice of any such failure to pay and provide a reasonable time to cure which shall not exceed ***. Should Weatherford fail to cure
prior to the end of such *** period, then Supplier may terminate this Agreement immediately. 

  

	7.4	Termination of Work Order. A termination of a Work Order does not terminate this Agreement. A termination of this Agreement does not terminate any
existing Work Order until such Work Order is completed, unless such Work Order is expressly terminated also. 

  

	7.5	Events Upon Termination. 

  

	 	(a)	Upon expiration of this Agreement or the termination of the Agreement for reasons other than pursuant to Section 7.2, Weatherford shall purchase from
Supplier all Products which have been ordered from Supplier but not delivered to Weatherford at the date of termination, and Supplier shall promptly manufacture and deliver such Products to Weatherford. 

 

	 	(b)	Upon expiration of this Agreement or the termination of this Agreement for any reason, Supplier shall forthwith cease to use, either directly or indirectly, any of the
Weatherford Intellectual Property and forthwith return to Weatherford all Weatherford Intellectual Property and Weatherford Confidential Information, and Weatherford shall forthwith cease to use, either directly or indirectly, any of the Supplier
Intellectual Property and forthwith return to Supplier all Supplier Intellectual Property and Supplier Confidential Information except to the extent necessary to use the Products theretofore supplied by Supplier hereunder. In such case Supplier
hereby grants Weatherford or its designee an irrevocable, royalty free license to use such Supplier Intellectual Property and Supplier Confidential Information to the extent it is incorporated into such Product(s) theretofore supplied by Supplier
hereunder. 

  

	 	(c)	Upon expiration of this Agreement or the termination of this Agreement for any reason, all obligations of the Parties hereunder shall terminate, except for any
obligations that are expressly stated to survive the expiration of the Term or termination of this Agreement and any obligations that remain executory (other than minimum purchase obligations), which obligations, to the extent they remain executory,
shall remain in full force and effect until fully performed by the obligated Party as stated in this Agreement. The respective Parties’ obligations under Section 3.1, Section 4.4, Article 5, this
Section 7.5 and Articles 8 through 13 shall survive the expiration of the Term or termination of this Agreement. Neither expiration nor termination of this Agreement shall relieve any Party of liability for breaches of this
Agreement prior to such expiration or termination. 

  
 pg. 14

 8. Representations; Indemnity; Express Negligence 

 

	8.1	Supplier’s and Grantor’s Representations. Each of Supplier and Grantor hereby represents and warrants jointly and severally as follows:

  

	 	(a)	Each of Supplier and Grantor is duly formed and existing in good standing in its jurisdiction of formation and has the full power and authority to conduct its business
as currently conducted and to execute and deliver this Agreement and the Mortgage and to perform its obligations hereunder and thereunder; 

  

	 	(b)	The execution, delivery and performance by Supplier and Grantor of this Agreement and the Mortgage have been duly authorized by Supplier and Grantor, do not and will
not contravene any law, order, agreement or constitutive document binding thereon, and do not require any consent of any third party; and this Agreement and the Mortgage are valid and binding agreements enforceable against Supplier and Grantor in
accordance with their terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally and general principles of equity (regardless of whether enforcement is
sought in a proceeding at law or in equity); 

  

	 	(c)	Except for encumbrances of record in Monroe County, Wisconsin as set forth in that certain title commitment from First American Title Insurance Company, a copy of which
has been provided to Weatherford, there are no liens or other encumbrances on the Secured Sand or the land related thereto other than those created hereby and by the Mortgage; 

 

	 	(d)	The security interest and mortgage on the Secured Sand and the land related thereto created hereby and by the Mortgage constitue a valid first priority security
interest and mortgage for the benefit of Weatherford; 

  

	 	(e)	Exhibit B hereto accurately describes the real property where the Secured Sand is located; and 

 

	 	(f)	Supplier and Grantor are the owners in fee simple of the Secured Sand and land related thereto. 

Subject to the limitations contained in this Agreement (including the limitations in Section 8.7), each of Supplier and
Grantor hereby agrees to indemnify and hold harmless Weatherford from and against any and all losses or damages suffered by Weatherford (including reasonable attorneys fees and expenses as incurred) arising out of a breach by Supplier or Grantor of
the foregoing representations and warranties or representations, warranties or agreements contained in the Mortgage. 
  

	8.2	Weatherford’s Representations. Weatherford hereby represents and warrants as follows: 

 

	 	(a)	Weatherford is duly incorporated and existing in good standing in its jurisdiction of incorporation and has the full corporate power and authority to conduct its
business as currently conducted and to execute and deliver this Agreement and to perform its obligations hereunder; and 

  
 pg. 15

	 	(b)	The execution, delivery and performance by Weatherford of this Agreement have been duly authorized by Weatherford, do not and will not contravene any law, order,
agreement or constitutive document binding thereon, and do not require any consent of any third party; and this Agreement is a valid and binding agreement enforceable against Weatherford in accordance with its terms, subject to applicable
bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally and general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity).

 Subject to the limitations contained in this Agreement (including the limitations in Section 8.7),
Weatherford hereby agrees to indemnify and hold harmless Supplier from and against any and all losses or damages suffered by Supplier (including reasonable attorneys fees and expenses as incurred) arising out of a breach by Weatherford of the
foregoing representations and warranties. 
  

	8.3	Indemnification of Weatherford. SUPPLIER AGREES TO INDEMNIFY, DEFEND AND HOLD WEATHERFORD AND ITS SUCCESSORS AND ASSIGNS HARMLESS FROM
AND AGAINST AND IN RESPECT OF DAMAGES ACTUALLY SUFFERED, INCURRED OR REALIZED BY SUCH PERSONS ARISING OUT OF OR RESULTING FROM OR RELATING TO (I) ANY MATERIAL MISREPRESENTATION IN OR MATERIAL OMISSION FROM ANY OTHER AGREEMENT, CERTIFICATE,
EXHIBIT OR WRITING DELIVERED TO WEATHERFORD PURSUANT TO THIS AGREEMENT, (II) ANY DAMAGES, INJURIES OR OTHER CASUALTIES OF WHATSOEVER KIND, OR BY WHOSOEVER CAUSED, TO THE PERSON OR PROPERTY OF SUPPLIER ARISING OUT OF OR RESULTING FROM THE EXECUTION
AND PERFORMANCE OF THIS AGREEMENT BY SUPPLIER OR ITS AFFILIATES, AND (III) SUBJECT TO SECTION 5.8(B), ANY CLAIM FOR INFRINGEMENT OF INTELLECTUAL PROPERTY RIGHTS ARISING FROM THE PRODUCTS. 

 

	8.4	Indemnification of Supplier. WEATHERFORD AGREES TO INDEMNIFY, DEFEND AND HOLD SUPPLIER AND ITS SUCCESSORS AND ASSIGNS HARMLESS FROM AND
AGAINST AND IN RESPECT OF DAMAGES ACTUALLY SUFFERED, INCURRED OR REALIZED BY SUCH PERSONS ARISING OUT OF OR RESULTING FROM OR RELATING TO (I) ANY MATERIAL MISREPRESENTATION IN OR MATERIAL OMISSION FROM ANY OTHER AGREEMENT, CERTIFICATE, EXHIBIT
OR WRITING DELIVERED TO SUPPLIER PURSUANT TO THIS AGREEMENT, (II) ANY DAMAGES, INJURIES OR OTHER CASUALTIES OF WHATSOEVER KIND, OR BY WHOSOEVER CAUSED, TO THE PERSON OR PROPERTY OF WEATHERFORD ARISING OUT OF OR RESULTING FROM THE EXECUTION AND
PERFORMANCE OF THIS AGREEMENT BY WEATHERFORD AND (III) ANY CLAIMS FOR INFRINGEMENT OF INTELLECTUAL PROPERTY RIGHTS ARISING FROM WEATHERFORD’S ACTS AS DESCRIBED IN SECTION 5.8(B). 

  
 pg. 16

	8.5	Express Negligence. THE INDEMNITIES SET FORTH IN THIS ARTICLE ARE INTENDED TO BE ENFORCEABLE AGAINST THE PARTIES IN ACCORDANCE WITH THE
EXPRESS TERMS AND SCOPE THEREOF NOTWITHSTANDING TEXAS’ EXPRESS NEGLIGENCE RULE OR ANY SIMILAR DIRECTIVE THAT WOULD PROHIBIT OR OTHERWISE LIMIT INDEMNITIES BECAUSE OF THE SIMPLE NEGLIGENCE (WHETHER SOLE, CONCURRENT, ACTIVE OR PASSIVE) OR OTHER
FAULT OR STRICT LIABILITY OF ANY OF THE INDEMNIFIED PARTIES. 

  

	8.6	Indemnification Procedure. In the event either Party learns of any claim, liability, demand or cause of action relating to this Agreement or the
performance hereunder, which said Party shall determine, in its sole discretion, that the other Party may be liable therefor, said Party shall promptly notify the other Party. If indemnity is required by any of the terms of this Agreement, the
indemnifying Party shall have the right to control all litigation and shall defend the other and pay all settlements, judgments, costs, and expenses (including without limitation court costs and reasonable attorneys’ fees), whether related or
unrelated, similar or dissimilar to the foregoing, incident thereto. Each Party, if requested, agrees to cooperate with the other in any defense, and the indemnifying Party shall reimburse the other for all reasonable expenses incurred in connection
therewith. The indemnified Party shall have the right to have counsel of its own choosing and at its sole expense participate in any such litigation. Notwithstanding the foregoing, however, neither Party shall effect settlement of or compromise any
such claim or proceedings without having obtained the prior written consent of the other Party, which consent shall not be unreasonably withheld, conditioned or delayed; provided that the indemnifying Party may settle or compromise any such claim if
the settlement or compromise (a) requires solely the payment of money damages by the indemnifying Party, and (b) includes as an unconditional term thereof the release by the claimant or the plaintiff of the indemnified Party from all
liability in respect of such claim. If the indemnified Party does not consent to a settlement which the indemnifying Party is willing to accept, then the indemnifying Party’s liability shall be limited to the amount for which the claim could
have been settled provided, such settlement does not require the indemnified Party to forego any property rights other than the amount of payment of the proposed settlement. 

 

	8.7	Damage Limitation. Notwithstanding anything in this Agreement to the contrary, the Parties agree that, with the exception of breaches of the
confidentiality or intellectual property provisions of this Agreement, neither Party shall be liable to the other for the following types of Damages, whether direct or indirect: facility downtime, loss of profit, loss of or inability to use property
and equipment or business interruption, loss of a well, loss of a producing formation, loss of production; punitive, indirect, incidental or consequential damages, or, including without limitation, any other consequential damages of whatever nature,
howsoever same may be caused; provided that this Section 8.7 shall not limit Damages recoverable for breaches of the provisions of Articles 2 or 3. 

 

	8.8	 Compliance with Law. Subject to the limitations of this Agreement, it is agreed that in the performance of this Agreement all matters
shall be conducted in full compliance with any and all applicable federal, state, provincial and local laws, rules and regulations in the area(s) in which the matters are being conducted. Any performance obligation arising under this Agreement is
contingent on the prior receipt of all necessary government authorizations. If either Party is required to pay any fine or penalty or is subject to a claim from the other Party’s failure to comply with applicable laws, rules or regulations, the
Party failing to 

  
 pg. 17

	 	
comply shall defend, indemnify and hold harmless the other Party for all damages, fees and/or fines for such failure to comply to the extent of the indemnifying Party’s allocable share of
the failure to comply. 

  

	8.9	Antibribery. Supplier represents and warrants that it and all of its Affiliates and agents shall act in accordance with the principles described in the
Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, signed in Paris on December 17, 1997 (“the Convention”), and the Convention’s Commentaries (collectively the “OECD
Principles”), and shall comply with all applicable laws implementing the OECD Principles (including the U.S. Foreign Corrupt Practices Act of 1977), as well as any applicable local laws related to anti-corruption, anti-kickbacks, and anti-money
laundering. Supplier agrees not to take or fail to take any action that might cause Weatherford to be in violation of any such laws. In addition to the foregoing, Supplier represents and warrants that it and its Affiliates have not and shall not
request, induce, make, offer, authorize, promise to make any payment or transfer anything of value, directly or indirectly, (a) to any governmental official or employee (including employees of government-owned or government-controlled
corporations, agencies or bodies), (b) any official or employee of a public international organization, (c) to any political party, official of a political party or candidate, or (d) to any third party knowing, believing, or
suspecting that such third party will give the payment, or any portion thereof, to any of the foregoing persons in order to obtain or retain business, or for any other improper purpose. Any payments to governmental officials or employees on behalf
of Weatherford must be promptly reported to Weatherford. 

  

	8.10	Code of Conduct/ Gifts, Entertainment and Travel. It is considered to be in conflict with Weatherford’s interest for its employees or any member of
their immediate family to accept gifts, payments, extravagant entertainment, services, or loans in any form from anyone soliciting business, or who may already have established business relations with Weatherford. Gifts of nominal value and
entertainment, meals, and social invitations that are customary and proper under the circumstances and that do not place the recipient under any obligation are acceptable. Any gifts, payment of individual expenses, including, without limitation,
trips, or conveyances to Weatherford employees shall be disclosed in writing to the Weatherford Ethics and Compliance Group. 

  

	8.11	Information Requests. Supplier shall maintain full and complete accounting records of activity performed and expenditures incurred by Supplier in
connection with this Agreement in such a manner and detail as to permit verification of compliance with the provisions of Sections 8.8 through 8.10. Weatherford shall have the right to audit such Supplier’s records for a period of
two (2) Years from the expiration or termination of this Agreement. This provision shall survive expiration or termination of this Agreement. 

 Notwithstanding anything to the contrary, neither Party shall be required to take or refrain from taking any action prohibited or penalized under the laws of the United States, including the U.S.
antiboycott laws. 
  

	8.12	 Economic Sanctions and Export Controls. Supplier agrees to fully comply with all economic sanctions and export control laws and
regulations, including those regulations maintained by the U.S. Commerce Department’s Bureau of Industry and Security and the U.S. Treasury Department’s Office of Foreign Assets Control. In addition, Supplier shall

  
 pg. 18

	 	
not, directly or indirectly, sell, provide, export, re-export, transfer, divert, loan, lease, consign or otherwise dispose of any Weatherford equipment, product, services, software, source code,
technical data or technology to or via any person, entity or destination, or for any activity or end-use restricted by the laws or regulations of the United States or any other applicable jurisdiction (including nuclear, missile, chemical or
biological weapons proliferation, military, or money laundering activities) without first obtaining all required government authorizations. 

 9. Nature of Agreement 
  

	9.1	Assignment. Either Party shall have the right to assign or transfer to any Person any of its rights or obligations under this Agreement without the prior
written consent of the other Party, provided that the assigning Party shall remain liable to the other Party under the terms of this Agreement notwithstanding such assignment. This Agreement shall be binding on and inure to the benefit of the
Parties and their respective successors and permitted assigns, including any successor upon a sale or change of control of a Party. This Agreement is intended solely for the benefit of the Parties and their respective successors and permitted
assigns. 

  

	9.2	Relationship. Each of the Parties is an independent contractor with respect to the other and is not an employee of the other Party or any of the other
Party’s Affiliates, and nothing in this Agreement is intended to constitute a partnership or a master and servant relationship between the Parties. Each of the Parties understands and agrees that this Agreement does not create an exclusive
dealings arrangement and that each of Weatherford and Supplier may enter into similar arrangements with other companies with respect to similar or the same products. Nothing in this Agreement shall be construed to create any duty to, or standard of
care with reference to, or liability of a Party to, any person not a Party to this Agreement. Nothing in this Agreement shall be deemed to constitute any fiduciary or special relationship or duty between the Parties and each Party may take actions
hereunder that are for its own self-interest without any duty or, subject to the express terms of this Agreement, liability to the other Parties. 

  

	9.3	Entire Agreement; Amendment. This Agreement, including its appendices, exhibits and schedules, constitutes the entire Agreement between the Parties with
respect to the subject matter hereof and supersedes any existing agreements between them whether oral or written. The terms of this Agreement shall only be amended, modified or supplemented as set forth herein or in a writing signed by or on behalf
of both or the Parties. In case of a conflict between this Agreement and a purchase order (Work Order) or purchase order confirmation contemplated hereunder, the terms of this Agreement shall govern. Acceptance of a Work Order or purchase order
confirmation is insufficient to amend this Agreement unless a separate writing is duly executed by all the Parties specifically amending this Agreement. 

  

	9.4	 Reformation. If any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any rule of law or
public policy, all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic and legal substance of the transactions contemplated hereby are not affected in any manner materially
adverse to any Party. Upon the determination that any term or other provision is invalid, illegal or incapable of being enforced, the Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties
as 

  
 pg. 19

	 	
closely as possible in an acceptable manner to the end that transactions contemplated hereby are fulfilled to the extent possible. In the event any such provision, clause, sentence or part of
this Agreement cannot be modified to comply with the law, then said provision, clause, sentence or portion of the Agreement shall be deemed to be deleted from the Agreement and the remaining terms and conditions shall remain in full force and
effect. 

 10. Notices and Service 

 

	10.1	Addresses. All notices, requests, consents, directions and other instruments and communications required or permitted to be given under this
Agreement shall be in writing and shall be deemed to have been duly given if delivered in person, by courier or by overnight delivery service with proof of delivery addressed to the respective Party at the address set forth below, or if sent by
facsimile or other similar form of communication (with receipt confirmed) to the respective Party at the facsimile numbers set forth below: 

 If to Weatherford, to: 
 Weatherford, Artificial Lift Systems, Inc. 

515 Post Oak Boulevard, Suite 600 
 Houston, Texas 77027 
 Attention: General Counsel 

Fax: 713 693 4481 
 If to Supplier, to: 
 Hi-Crush Operating LLC 

c/o Hi-Crush Proppants LLC 
 Three Riverway, Suite 1550 
 Houston, TX 77056 

or to such other address or facsimile number and to the attention of such other Person(s) as either Party may designate by written
notice. Any notice mailed by over-night delivery service shall be deemed to have been given and received on the second Business Day following the day of mailing. 
 11. General 
  

	11.1	Waiver. No failure or delay by either Party in exercising any of its rights under this Agreement shall be deemed to be waiver of that right, and no waiver
by either Party of a breach of any provision of this Agreement shall be deemed to be a waiver of any subsequent breach of the same or any other provision. 

  

	11.2	Costs. The Parties shall bear their own costs of, and incidental to, the preparation, execution and implementation of this Agreement.

  

	11.3	 Counterparts. This Agreement may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an
original and all of which shall constitute the same instrument. The exchange of copies of this Agreement and of signature pages by facsimile transmission (whether directly from one facsimile device to another by means of a dial-up connection or
whether otherwise transmitted via electronic transmission), by 

  
 pg. 20

	 	
electronic mail in “portable document format” (“.pdf”) form, or by any other electronic means intended to preserve the original graphic and pictorial appearance of a document,
or by a combination of such means, shall constitute effective execution and delivery of this Agreement as to the Parties and may be used in lieu of an original Agreement for all purposes. Signatures of the Parties transmitted by facsimile or other
electronic transmission shall be deemed to be original signatures for all purposes. Minor variations in the form of signature pages of this Agreement, including footers from earlier versions of this Agreement, shall be disregarded in determining a
Party’s intent or the effectiveness of such signature. 

 12. Governing Law and Venue 

 

	12.1	Governing Law; Venue; Waiver of Jury Trial. This Agreement shall be governed by and construed and enforced in accordance with the internal laws of the
State of Texas, without giving effect to that state’s conflicts of laws principles or choice of law rules. The Parties agree that Houston, Harris County, Texas, shall be the exclusive forum and venue for resolving any disputed matter.

 BOTH PARTIES AGREE THAT, TO THE EXTENT ALLOWED BY THE GOVERNING LAW, EACH PARTY HEREBY WAIVES ALL RIGHTS
TO A JURY TRIAL WITH RESPECT TO ANY LITIGATION INVOLVING THIS AGREEMENT. 
 It is the intent of the Parties to exclude
the application of the United Nations Convention on Contracts for the International Sale of Goods (1980). Nothing herein shall prohibit a Party from availing itself of a court of competent jurisdiction for the purpose of injunctive relief. The
Parties acknowledge and agree that the Parties may have available to them laws or remedies available under applicable local legislation; it is the intent of the Parties to have the terms of this Agreement apply in every instance, including, without
limitation, the choice of law provisions. 
 13. Special Provisions 

 

	13.1	Miscellaneous. This Agreement sets forth the entire agreement between Weatherford and Supplier with respect to its subject matter. All prior
negotiations and dealings regarding the subject matter hereof are superseded by and merged into this Agreement. No modification of this Agreement shall be effective unless made in writing and signed by both Parties. 

[Signature Page Follows] 

  
 pg. 21

 IN WITNESS WHEREOF, the parties have executed this Agreement. 

 

			
	 WEATHERFORD:

WEATHERFORD ARTIFICIAL LIFT
 SYSTEMS,
INC.

		
	By:	 	/s/ Authorized Person
	Name:	 	Authorized Person
	Title:	 	Authorized Officer
	Date:	 	11 Jan 11            

  

			
	SUPPLIER: HI-CRUSH OPERATING LLC
		
	By:	 	/s/ James M. Whipkey
	Name:	 	James M. Whipkey
	Title:	 	CEO; President
	Date:	 	11 Jan 2011            

  

			
	GRANTOR: HI-CRUSH CHAMBERS LLC
		
	By:	 	/s/ James M. Whipkey
	Name:	 	James M. Whipkey
	Title:	 	CEO; President
	Date:	 	11 Jan 2011            

 Signature Page to Supply Agreement 

 EXHIBIT A 

Product Specifications 
 See attachment 

 As of the Effective Date of this Agreement the standards of ISO 13503-2 and API RP 19C are identical and as
indicated below. 
  

					
	  	  	ISO 13503-2	 
	 Turbidity (NTU)
	  	 	£250	  
	 Krumbein Shape Factors
	  			
	 Roundness
	  	 	30.6	  
	 Sphericity
	  	 	30.6	  
	 Clusters (%)
	  	 	£1.0	  
	 Sieve Analysis
	  			
	 <0.1% of sample larger than first specified sieve size
	  			
	 % In Size -20+40
	  	 	390	  
	 % In Size -30+50
	  	 	390	  
	 % In Size -40+70
	  	 	390	  
	 <1.0% in pan
	  			
	 Solubility in 12/3 HVL/HF for 0.5 HR @ 150°F (% Weight Loss)
	  	 	£3.0	  

 EXHIBIT B 

Description of Grantor’s Property 
 Southwest Quarter (SW  1/4) of the Southwest Quarter (SW  1/4) of Section Eight (8), Township 18 North, Range 1 East, Town of Byron, Monroe County, Wisconsin. 

 ANNEX 1 
 Mortgage 

			
	 WISCONSIN MORTGAGE
	  	
		  	  
 Return to and Prepared by:

 
 Mason H. Drake, Esq.
 c/o Greenberg Traurig, LLP
 77 W. Wacker, Suite 2400

Chicago, IL 60601

		  	  
 See attached Exhibit A (* List Parcel # if only
one)

		  	  
 Parcel Number

 RECORDING REQUESTED BY AND 
 WHEN RECORDED, MAIL TO: 
 Mason H. Drake, Esq. 

c/o Greenberg Traurig, LLP 
 77 W. Wacker, Suite
2400 
 Chicago, IL 60601 
 PREPARED BY

 Mason H. Drake, Esq. 
 c/o Greenberg
Traurig, LLP 
 77 W. Wacker, Suite 2400 

Chicago, IL 60601 
 WISCONSIN
MORTGAGE 
 (SPACE ABOVE THIS LINE FOR RECORDER’S USE ONLY) 
 DEFINITIONS 
 (A) “Agreement” means that certain Supply Agreement between
Lender and Borrower, dated of even date herewith, pursuant to which Lender has advanced certain funds to Borrower. 
 (B)
“Applicable Law” means all controlling applicable federal, state and local statutes, regulations, ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final, non-appealable
judicial opinions; provided, however, that the laws of the State of Wisconsin shall be applicable to the creation, perfection and enforcement of the lien created by this Security Instrument and the exercise of remedies mandatorily
governed by the laws of the State of Wisconsin shall control notwithstanding anything to the contrary herein. 
 (C)
“Borrower” is Hi-Crush Operating LLC. 
 (D) “Electronic Funds Transfer” means any transfer of
funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial
institution to debit or credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers.

 (E) “Grantor” is Hi-Crush Chambers LLC, a subsidiary of Borrower. 

(F) “Lender” is Weatherford Artificial Lift Systems, Inc. Lender’s address is 515 Post Oak Boulevard, Suite 600,
Houston, Texas 77027. Lender is the mortgagee under this Security Instrument. 

 (G) “Loan” means (i) $16,500,000, representing Lender’s pre-payment for
100% of the Minimum Purchase Requirement during the first Contract Year, (ii) $8,250,000 representing Lender’s pre-payment with respect to the Minimum Purchase Requirement during the Second Contract Year, and (iii) any and all sums
due under this Security Instrument, plus interest. 
 (H) “Miscellaneous Proceeds” means any compensation, settlement,
award of damages, or proceeds paid by any third party for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or
(iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. 
 (I) “Property” means
the property that is described below under the heading “Transfer of Rights In the Property.” 
 (J) “Security
Instrument” means this mortgage, together with all Exhibits attached hereto. 
 (K) “Successor In Interest of
Grantor” means any party that has taken title to the Property, whether or not that party has assumed Grantor’s obligations under this Security Instrument. 
 (L) “Secured Obligation” means Borrower’s delivery of 100% of the Minimum Supply of Product for the first Contract Year and 50% of the Minimum Supply of Product for the second
Contract Year, being valued at approximately 600,000 tons of unmined or unprocessed sand located at the Land (as hereinafter defined); provided, however, that the value of the foregoing obligation shall be reduced to 300,000 tons of such sand
following Borrower’s delivery to Lender of 100% of the Minimum Supply of Product for the first Contract Year. 

Capitalized terms used but not defined in this Security Instrument shall have the meanings ascribed to such terms in the Agreement.

 TRANSFER OF RIGHTS IN THE PROPERTY 
 This Security Instrument secures to Lender: (a) the Secured Obligation; and (b) the performance of Borrower’s and Grantor’s covenants and agreements under the Agreement and this
Security Instrument, respectively. For this purpose, Grantor does hereby mortgage, grant and convey to Lender, the following described property: Grantor’s right, title and interest in and to the unmined or unprocessed sand representing tonnage
equivalent to the then outstanding amount of unmined or unprocessed sand owing by Borrower as the Secured Obligation (collectively, the “Secured Sand”) located at that certain real property situated in MONROE COUNTY, WISCONSIN and
more particularly described on Exhibit A attached hereto (the “Land”); 
 TOGETHER WITH all
proceeds and products of the Secured Sand (collectively, the “Proceeds”). All replacements of and additions to such Proceeds shall also be covered by this Security Instrument. The Secured Sand and the Proceeds are sometimes
hereinafter collectively referred to as the “Property”. As a point of clarity, this Security Instrument is not conveying to Lender, and the Property does not include, any of Grantor’s interests in the Land or any other real
property rights other than the Secured Sand thereon or thereunder. 

  
 2 

 GRANTOR COVENANTS that Grantor is lawfully seized of the Property hereby conveyed and has
the right to mortgage, grant and convey the Property and that the Property is unencumbered, except for encumbrances of record and encumbrances depicted on that certain survey of the Land by Vierbicher Surveyors, dated December 10, 2010
(collectively, the “Permitted Encumbrances”). Grantor warrants and will defend generally the title to the Property against all claims and demands, subject to Permitted Encumbrances. 

THIS SECURITY INSTRUMENT combines uniform covenants for national use and non-uniform covenants with limited variations by jurisdiction to
constitute a uniform security instrument covering real property. 
 UNIFORM COVENANTS. Grantor and Lender covenant and agree as
follows: 
 1. Charges; Liens. Grantor shall pay all taxes, assessments, charges, fines, and impositions attributable to the
Property which can attain priority over this Security Instrument, leasehold payments, assessments or ground rents on the Property, if any. If Lender determines that any part of the Property is subject to a lien that can attain priority over this
Security Instrument, Lender shall give Grantor a notice identifying the lien. Within 10 days of the date on which such notice is given, Grantor shall satisfy and discharge such lien, including without limitation by taking one or more of the actions
set forth above in this Section 1. 
 2. Protection of Lender’s Interest in the Property and Rights Under this Security
Instrument. If (a) Grantor fails to perform any of the covenants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affect Lender’s interest in the Property and/or rights under
this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or regulations), or (c) Grantor has
abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender’s interest in the Property and rights under this Security Instrument, including protecting and/or assessing the value of the
Property, and securing the Property. Lender’s actions can include, but are not limited to: (a) paying any sums secured by a lien which has priority over this Security Instrument; (b) appearing in court; and (c) paying Reasonable
Attorneys’ Fees to protect its interest in the Property and/or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. Any amounts disbursed by Lender under this Section 2 shall become additional
debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Agreement rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. 

3. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. Unless an
agreement is made in writing or Applicable Law requires interest to be paid on such Miscellaneous Proceeds, Lender shall not be required to pay Grantor any interest or earnings on such Miscellaneous Proceeds. In the event of a total or partial
taking, destruction, or loss in value of the Property, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Grantor. 

  
 3 

 If the Property is abandoned by Grantor, or if, after notice by Lender to Grantor that the
Opposing Party (as defined in the next sentence) offers to make an award to settle a claim for damages, Grantor fails to respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous
Proceeds either to restoration or repair of the Property or to the sums secured by this Security Instrument, whether or not then due. “Opposing Party” means the third party that owes Grantor Miscellaneous Proceeds or the party
against whom Grantor has a right of action in regard to Miscellaneous Proceeds. 
 Grantor shall be in default if any action or
proceeding, whether civil or criminal, is begun that, in Lender’s judgment, could result in forfeiture of the Property or other material impairment of Lender’s interest in the Property or rights under this Security Instrument. Grantor can
cure such a default by causing the action or proceeding to be dismissed with a ruling that, in Lender’s judgment, precludes forfeiture of the Property or other material impairment of Lender’s interest in the Property or rights under this
Security Instrument. The proceeds of any award or claim for damages that are attributable to the impairment of Lender’s interest in the Property are hereby assigned and shall be paid to Lender. 

4. Forbearance By Lender Not a Waiver. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender’s
acceptance of payments from third persons, entities or Successors in Interest of Grantor or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 

5. Loan Charges. Grantor shall pay all filing fees and mortgage recording fees and charges in connection herewith. Lender may charge Grantor fees
for services performed in connection with Grantor’s default, for the purpose of protecting Lender’s interest in the Property and rights under this Security Instrument, including, but not limited to, reasonable attorneys’ fees,
property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Grantor shall not be construed as a prohibition on the charging of such fee. Lender may not
charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or
to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Grantor which
exceeded permitted limits will be refunded to Grantor. Lender may choose to make this refund by reducing the principal owed under the Agreement or by making a direct payment to Grantor. 
 6. Notices. All notices given by Grantor or Lender in connection with this Security Instrument must be in writing. Any notice to Grantor in connection with this Security Instrument shall be deemed
to have been given to Grantor when mailed by first class mail or when actually delivered to Grantor’s notice address if sent by other means. Notice to any one Grantor shall constitute notice to all Grantors unless Applicable Law expressly
requires otherwise. The notice address shall be the Property Address unless Grantor has designated a substitute notice address by notice to Lender. Grantor shall promptly notify Lender of Grantor’s change of address. There may be only one
designated notice address under this Security Instrument at any one time. Any notice in connection with this Security instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this
Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 

  
 4 

 7. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by
federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or
implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Agreement
conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Agreement which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine
gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa; and (c) the word “may” gives sole discretion without any obligation to
take any action. 
 8. Grantor’s Right to Reinstate After Default. If Grantor meets certain conditions described below, Grantor
shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) such period as Applicable Law might specify for the termination of Grantor’s right to reinstate; or (b) entry of a
judgment enforcing this Security Instrument. Those conditions are that Grantor: (a) cures all defaults hereunder and of any other covenants or agreements; (b) pays all expenses incurred in enforcing this Security Instrument, including, but
not limited to, Reasonable Attorneys’ Fees as defined herein, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender’s Interest in the Property and rights under this Security Instrument; and
(c) takes such action as Lender may reasonably require to assure that Lender’s Interest in the Property and rights under this Security Instrument, and Grantor’s obligation to pay the sums secured by this Security Instrument, shall
continue unchanged. Lender may require that Grantor pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer’s
check or cashier’s check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality or entity; or (d) Electronic Funds Transfer. Upon reinstatement by Grantor, this Security
Instrument and obligations secured hereby shall remain fully effective as if no default had occurred. 
 9. Hazardous Substances. As used
in this Section 9, (a) “Hazardous Substances” are those substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic
petroleum products, toxic pesticides and herbicides, volatile solvents, materials containing asbestos or formaldehyde, and radioactive materials; (b) “Environmental Law” means federal laws and laws of the jurisdiction where the
Property is located that relate to health, safety or environmental protection; (c) “Environmental Cleanup” includes any response action, remedial action, or removal action, as defined in Environmental Law and (d) an
“Environmental Condition” means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup. Grantor shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous
Substances, or threaten to release any Hazardous Substances, on or in the Property. Grantor shall not do, nor allow anyone else to do, anything 

  
 5 

 
affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental Condition, or (c) which, due to the presence, use, or release of a
Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding two sentences shall not apply to the presence, use, or storage on the Property of small quantities of Hazardous Substances that are generally
recognized to be appropriate uses in the ordinary course of Grantor’s business and to maintenance of the Property (including, but not limited to, hazardous substances in consumer products). 

Grantor shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action by any
governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of which Grantor has actual knowledge, (b) any Environmental Condition, including but not limited to, any spilling,
leaking, discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the Property. If Grantor learns, or is
notified by any governmental or regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Grantor shall promptly take all required remedial actions in accordance
with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. 
 NON-UNIFORM COVENANTS.
Grantor and Lender further covenant and agree as follows: 
 10. Remedies. Lender shall give notice to Grantor upon Grantor’s
breach of any covenant or agreement in this Security Instrument. The notice shall specify: (a) the default; (b) the action required to cure the default; and (c) a date, not less than 30 days from the date the notice is given to Grantor, by which the
default must be cured. The notice shall further inform Grantor of the right to reinstate after default and the right to bring the non-existence of a default or any other defense of Grantor. As to any default by Borrower other than its failure to
deliver the Minimum Supply of Product to Lender under the Secured Obligation, Lender shall be entitled to the remedies provided for in the other paragraphs of this Mortgage. As to a default by Borrower in its obligation to deliver the Minimum Supply
of Product to Lender under the Secured Obligation, if such default is not cured on or before the date specified in the notice, Lender is hereby granted an easement and license to enter on and occupy that portion of the Land as is reasonably
required, for a period of time not to exceed twelve (12) months from the date of such default, for the sole purpose of removing the Secured Sand from the Land, in accordance with all laws and regulations and by use of a commercially reasonable
method. In such event, Lender shall also be entitled to entry of a money judgment against Borrower for collect its reasonable expenses in removing the Secured Sand from the Land and its all expenses incurred in pursuing the remedies provided in this
Section 10, including, but not limited to, Reasonable Attorneys’ Fees and costs of title evidence incurred therewith, if any. The remedy described in this paragraph shall be Lender’s sole and exclusive remedy under this Security
Instrument for Borrower’s default is its failure to deliver the Minimum Supply of Product to Lender under the Secured Obligation. In no event may Lender foreclose this Mortgage as provided in Chapter 846, Wis. Stats.. 

11. Release. Upon satisfaction of the Secured Obligation, Lender shall release this Security Instrument. Grantor shall pay any recordation costs.
Lender may charge Grantor a fee for releasing this Security Instrument, but only if the fee is paid to a third party for services rendered and the charging of the fee is permitted under Applicable Law. 

  
 6 

 12. Attorneys’ Fees. If this Security Instrument is subject to Chapter 428 of the Wisconsin
Statutes, “Reasonable Attorneys’ Fees” shall mean only those attorneys’ fees allowed by that Chapter. 

[Remainder of Page Intentionally Left Blank] 

  
 7 

 IN WITNESS WHEREOF, the Grantor has executed this Security Instrument as of the date set
forth below. 
 Hi-Crush Chambers LLC 
  

							
	By:	 	 	 		 	 
	Name:	 	 	 		 	DATE
	Title:	 	 	 		 	

 STATE OF WISCONSIN, Monroe County ss: 
 The foregoing instrument was acknowledged before me this
                                         
                                    

by
                                         
                                         
                                         
                                     . 

 

					
			
		 		 	 
		 		 	Notary Public, State of
                                         
                   
	My Commission Expires:	 		 	
			
	(Seal)	 		 	 This instrument was prepared by
 Mason H. Drake, Esq.
 c/o Greenberg Traurig, LLP

77 W. Wacker, Suite 2400
 Chicago, IL
60601

  
  

 

 EXHIBIT A 
 DESCRIPTION OF THE LAND 
 Southwest Quarter (SW  1/4) of the Southwest Quarter (SW  1/4) of Section Eight (8), Township 18 North, Range 1
East, Town of Byron, Monroe County, Wisconsin. 

 ANNEX 2 
 UCC-1 Financing Statements 

  
 

 
 UCC FINANCING STATEMENT 
 FOLLOW INSTRUCTIONS (front and back) CAREFULLY 
  

									
	 A. NAME & PHONE OF
CONTACT AT FILER [optional]
 Christopher E. Rechlicz (414) 298-8368
	  		  	
	B. SEND ACKNOWLEDGEMENT TO: (Name and Address)	  		  	 	  		  	
	 	  	 	  	 	  		  	
	Christopher E. Rechlicz	  		  	 	  		  	
	Reinhart Boerner Van Deuren s.c.	  		  	 	  		  	
	1000 North Water Street, Suite 1700	  	 	  	 	  		  	
	Milwaukee, WI 53202	  	 	  	 	  	 	  	THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY

 1. DEBTOR’S EXACT FULL LEGAL NAME – insert only one debtor name (1a or 1b) – do not abbreviate or
combine names 
  

															
	 OR  
	  	 1a.ORGANIZATION’S NAME

	  	Hi-Crush Operating LLC
	  	 1b. INDIVIDUAL’S LAST NAME

 
	  		  	 FIRST NAME
  
	  	MIDDLE NAME  
	  	SUFFIX  

	1c. MAILING ADDRESS	  	 	  	 	  	 	  	 	  	 	  	 
	Three Riverway, Suite 1550	  		  		  	CITY	  	STATE	  	POSTAL CODE	  	COUNTRY
		  		  		  	Houston	  	TX	  	77056	  	USA
	 1d.TAX ID#: SSN OR EIN*
	  	ADD’L INFO RE
ORGANIZATION
DEBTOR	  	1e.TYPE OF ORGANIZATION
Limited liability company	  	 1f.JURISDICTION OF ORGANIZATION
	  	1g. ORGANIZATIONAL ID#, if any
	 	  	 	  	 	  	Delaware	  	4893957	  	 ̈     NONE

 2. ADDITIONAL DEBTOR’S EXACT FULL LEGAL NAME – insert only one debtor name (2a or 2b) – do not
abbreviate or combine names 
  

															
	 OR  
	  	 2a.ORGANIZATION’S NAME

	  	Hi-Crush Chambers LLC
	  	 2b. INDIVIDUAL’S LAST NAME

 
	  		  	 FIRST NAME
  
	  	MIDDLE NAME  
	  	SUFFIX  

	2c. MAILING ADDRESS	  	 	  	 	  	 	  	 	  	 	  	 
	Three Riverway, Suite 1550	  		  		  	CITY	  	STATE	  	POSTAL CODE	  	COUNTRY
		  		  		  	Houston	  	TX	  	77056	  	USA
	 2d.TAX ID#: SSN OR
EIN*
	  	ADD’L INFO RE
ORGANIZATION
DEBTOR	  	2e.TYPE OF ORGANIZATION
Limited liability company	  	 2f.JURISDICTION OF ORGANIZATION
	  	2g. ORGANIZATIONAL ID#, if any
	 	  	 	  	 	  	Delaware	  	4893956	  	 ̈     NONE

 3. SECURED PARTY'S NAME (or NAME of TOTAL ASSIGNEE of ASSIGNOR S/P) – insert only one secured party name (3a
or 3b) 
  

															
	 OR  
	  	 3a.ORGANIZATION’S NAME

	  	 
	  	 3b. INDIVIDUAL’S LAST NAME

 
	  		  	 FIRST NAME
  
	  	MIDDLE NAME  
	  	SUFFIX  

	 3c. MAILING ADDRESS

 
	  	 	  	 	  	 CITY

 
	  	STATE  
	  	POSTAL CODE
 
	  	COUNTRY
 

 4. This FINANCING STATEMENT covers the following collateral: 
 All of Debtor’s right, title and interest in and to the following inventory, minerals, and as-extracted collateral: 600,000 tons of unmined or unprocessed sand, specifically the Secured Sand (as
defined in that certain Supply Agreement dated as of January     , 2011 by and between Debtor and Secured Party (the “Supply Agreement”)) and all proceeds and products of the foregoing (provided that the
foregoing security interest shall apply to only 300,000 tons of such sand following Debtor’s delivery to Secured Party of 100% of the Minimum Supply of Product for the first Contract Year, as each such term is defined in the Supply Agreement).

  

													
	5. ALTERNATIVE DESIGNATION [if applicable]:	 	 ̈    LESSEE/LESSOR	 	 ̈    CONSIGNEE/CONSIGNOR	 	 ̈    BAILEE/BAILOR	 	x    SELLER/BUYER	 	 ̈    AG. LIEN	 	 ̈    NON-UCC FILING

			
	
6.  ̈     This FINANCING STATEMENT is to be filed [for record](or recorded) in the
REAL
  
	 	7. Check to REQUEST SEARCH REPORT(S) on Debtor(s)
	            ESTATE
RECORDS.         Attach addendum         [if applicable]	 	[ADDITIONAL FEE]         [optional]          ̈  All Debtors          ̈  Debtor 1          ̈  Debtor 2

  

	8.	OPTIONAL FILER REFERENCE DATA 

 00590/CER
072127/0001                     file with the Delaware Secretary of State 

 
  
 NATIONAL UCC FINANCING STATEMENT (FORM UCC1) (REV. 07/29/98) 
  

			
	 * An individual’s social security number is not required to be placed on the form in Wisconsin. (See
instructions.)
	  	Distributedby FIPCO® 

  

					
	REINHART\5517209 	 	
	CHI 60,587,681v3 1-9-11
CHI 60,651,640v2 1-10-11	 

 

 
 UCC FINANCING STATEMENT 
 FOLLOW INSTRUCTIONS (front and back) CAREFULLY 
  

									
	 A. NAME & PHONE OF
CONTACT AT FILER [optional]
 Christopher E. Rechlicz (414) 298-8368
	  		  	
	B. SEND ACKNOWLEDGEMENT TO: (Name and Address)	  		  	 	  		  	
	 Christopher E. Rechlicz
	  	 	  	 	  		  	
	Reinhart Boerner Van Deuren s.c.	  		  	 	  		  	
	1000 North Water Street, Suite 1700	  	 	  	 	  		  	
	Milwaukee, WI 53202	  	 	  	 	  	 	  	THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY

 1. DEBTOR’S EXACT FULL LEGAL NAME – insert only
one debtor name (1a or 1b) – do not abbreviate or combine names 
  

															
	 OR  
	  	 1a.ORGANIZATION’S NAME

	  	 Hi-Crush Operating LLC

	  	 1b. INDIVIDUAL’S LAST NAME

 
	  		  	 FIRST NAME
  
	  	MIDDLE NAME  
	  	SUFFIX  

	1c. MAILING ADDRESS	  	 	  	 	  	 	  	 	  	 	  	 
	 Three Riverway, Suite 1550
	  		  		  	CITY	  	STATE	  	POSTAL CODE	  	COUNTRY
		  		  		  	Houston	  	TX	  	77056	  	USA
	 1d. TAX ID#: SSN OR EIN*
	  	ADD’L INFO RE
ORGANIZATION
DEBTOR	  	1e.TYPE OF ORGANIZATION
Limited liability company	  	 1f.JURISDICTION OF ORGANIZATION
	  	1g. ORGANIZATIONAL ID#, if any
	 	  	 	  	 	  	Delaware	  	4893957	  	 ̈     NONE

 2. ADDITIONAL DEBTOR’S EXACT FULL LEGAL NAME – insert only one debtor name (2a or 2b) – do not
abbreviate or combine names 
  

															
	 OR  
	  	 2a. ORGANIZATION’S NAME

	  	 Hi-Crush Chambers LLC

	  	 2b. INDIVIDUAL’S LAST NAME

 
	  		  	 FIRST NAME
  
	  	MIDDLE NAME  
	  	SUFFIX  

	 	 	 	 	 	 	 
	2c. MAILING ADDRESS	  		  		  	 	  	 	  		  	
	Three Riverway, Suite 1550	  		  		  	CITY	  	STATE	  	POSTAL CODE	  	COUNTRY
		  		  		  	Houston	  	TX	  	77056	  	USA
	 2d. TAX ID#: SSN OR EIN*
	  	ADD’L INFO RE
ORGANIZATION
DEBTOR	  	2e.TYPE OF ORGANIZATION
Limited liability company	  	 2f.JURISDICTION OF ORGANIZATION
	  	2g. ORGANIZATIONAL ID#, if any
	 	  	 	  	 	  	Delaware	  	4893956	  	 ̈     NONE

 3. SECURED PARTY’S NAME (or NAME of TOTAL ASSIGNEE of ASSIGNOR S/P) – insert only one secured party name
(3a or 3b) 
  

															
	 OR  
	  	 3a. ORGANIZATION’S NAME

	  	 
	  	 3b. INDIVIDUAL’S LAST NAME

 
	  		  	 FIRST NAME
  
	  	MIDDLE NAME  
	  	SUFFIX  

	 3c. MAILING ADDRESS

 
	  	 	  	 	  	 CITY

 
	  	STATE  
	  	POSTAL CODE
 
	  	COUNTRY
 

 4. This FINANCING STATEMENT covers the following collateral: 
 All of Debtor’s right, title and interest in and to the following inventory, minerals and as-extracted collateral: 600,000 tons of unmined or unprocessed sand, specifically the Secured Sand (as
defined in that certain Supply Agreement dated as of January            , 2011 by and between Debtor and Secured Party (the “Supply Agreement”)) and all proceeds and
products of the foregoing (provided that the foregoing security interest shall apply to only 300,000 tons of such sand following Debtor’s delivery to Secured Party of 100% of the Minimum Supply of Product for the first Contract Year, as each
such term is defined in the Supply Agreement). 
  

													
	5. ALTERNATIVE DESIGNATION [if applicable]:	 	 ̈    LESSEE/LESSOR	 	 ̈    CONSIGNEE/CONSIGNOR	 	 ̈    BAILEE/BAILOR	 	x    SELLER/BUYER	 	 ̈    AG. LIEN	 	 ̈    NON-UCC FILING

			
	
6. x This FINANCING STATEMENT is to be filed [for record](or recorded) in the REAL

 
	 	7. Check to REQUEST SEARCH REPORT(S) on Debtor(s)
	            ESTATE
RECORDS.         Attach addendum         [if applicable]	 	[ADDITIONAL FEE]         [optional]          ̈  All Debtors          ̈  Debtor 1          ̈  Debtor 2

  

	8.	OPTIONAL FILER REFERENCE DATA 

 00590/CER
072127/0001                     file with the Recorder’s Office of Monroe County, Wisconsin 

 
  
 NATIONAL UCC FINANCING STATEMENT (FORM UCC1) (REV. 07/29/98) 
  

			
	 * An individual’s social security number is not required to be placed on the form in Wisconsin. (See
instructions.)
	  	Distributed by FIPCO®

  

					
	REINHART\5517212	 	
	CHI 60,587,677v3 1-9-11
CHI 60,651,630v2 1-10-11	 

 UCC FINANCING STATEMENT ADDENDUM 
 FOLLOW INSTRUCTIONS (front and back) CAREFULLY 
  

											
	 9. NAME OF FIRST DEBTOR (1a or 1b) ON RELATED FINANCING STATEMENT

Hi-Crush Operating LLC
	  	 	  	
	 OR
	 	 9a. ORGANIZATION’S NAME
 Hi-Crush Operating LLC
	  	 	  	 	  	 	  	
	 	9b. INDIVIDUAL’S LAST NAME	  	FIRST NAME	  	MIDDLE NAME, SUFFIX	  	 	  	
	10. MISCELLANEOUS	  	 	  	 	  	 	  	
		 		  		  		  	 	  	
	 	 	 	  	 	  	 	  	 	  	THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY

  

	11.	ADDITIONAL DEBTOR’S EXACT FULL LEGAL NAME—insert only one name (11a or 11b)—do not abbreviate or combine names 

 

															
	 OR
	  	 11a.ORGANIZATION'S NAME

	  	 Hi-Crush Chambers LLC

	  	 11b. INDIVIDUAL’S LAST NAME

 
	  		  	 FIRST NAME
  
	  	MIDDLE NAME  
	  	SUFFIX  

	11c. MAILING ADDRESS	  	 	  	CITY	  	STATE	  	POSTAL CODE	  	COUNTRY
	Three Riverway, Suite 1550	  		  	Houston	  	TX	  	77056	  	USA
	 11d.TAX ID#: SSN OR EIN
	  	ADD’L INFO RE
ORGANIZATION
DEBTOR	  	11e.TYPE OF ORGANIZATION
Limited liability company	  	 11f.JURISDICTION OF ORGANIZATION
	  	11g. ORGANIZATIONAL ID#, if any
	 	  	 	  	 	  	Delaware	  	4893956	  	 ̈     NONE

 12.     ̈ ADDITIONAL SECURED PARTY’S
or     ̈ ASSIGNOR S/P’S NAME—insert only one name (12a or 12b) 
  

															
	 OR
	  	 12a.ORGANIZATION’S NAME

	  	 
	  	 12b. INDIVIDUAL’S LAST NAME

 
	  		  	 FIRST NAME
  
	  	MIDDLE NAME  
	  	SUFFIX  

	 12c. MAILING ADDRESS

 
	  	 	  	 	  	 CITY

 
	  	STATE  
	  	POSTAL CODE
 
	  	COUNTRY
 

			
	13. This FINANCING STATEMENT
covers     ̈  timber to be cut or     x  as-extracted collateral, or is filed as
a      ̈  fixture filing.	 	16. Additional collateral description:
	14. Description of real estate:	 	
	Southwest Quarter (SW
 1/4) of the Southwest Quarter (SW  1/4) of Section Eight (8), Township 18 North, Range 1 East, Town of
Byron, Monroe County, Wisconsin.	 	
	 	 	
	 	 	
	 	 	
	 	 	
	 15.   Name and address of a RECORD OWNER of
above-described real estate (if Debtor does not have a record interest):
	 	 17. Check only if applicable and check only one box.
 Debtor is a     ̈  Trust or     ̈  Trustee acting with
respect to property held in trust or      ̈ Decedent’s Estate

	Hi-Crush Chambers LLC, Three Riverway, Suite 1550, Houston, TX 77056	 	 18. Check only if applicable and check only one box

 

 ̈      Debtor is a TRANSMITTING
UTILITY
  ̈      Filed in
connection with a Manufactured-Home Transaction — effective 30 years
  ̈      Filed in connection with a Public-Finance Transaction — effective 30 years

					
	    FILING OFFICE COPY — NATIONAL UCC FINANCING STATEMENT ADDENDUM (FORM UCC1Ad)(REV.07/29/98)	  	 	Distributed by FIPCO®        
	  

  

					
	REINHART\5517212 	 	
	CHI 60,587,677v3 1-9-11
CHI 60,651,630v2 1-10-11

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