Document:

Exhibit 10.26

 

SECONDMENT AGREEMENT

 

This SECONDMENT AGREEMENT (“Agreement”) is dated as of [·], 2018 (the “Effective Date”) by and among Equitrans Midstream Corporation, a Pennsylvania corporation (“ETRN”), EQM Midstream Partners, LP, a Delaware limited partnership (the “Partnership”), and EQM Midstream Services, LLC, a Delaware limited liability company and the general partner of the Partnership (“General Partner”).  ETRN, the Partnership and the General Partner may be referred to herein individually as “Party” or collectively as “Parties.”

 

RECITALS

 

WHEREAS, the Partnership, the General Partner and ETRN, are parties to that certain Omnibus Agreement (as amended from time to time, the “Omnibus Agreement”) dated as of the date hereof, which provides for, among other things, the provision by ETRN of certain corporate, general and administrative services to the Partnership and its subsidiaries (the “Partnership Group”);

 

WHEREAS, certain members of the Partnership Group (each an “Owner”) own or lease natural gas pipelines, including natural gas gathering and transmission systems, compressors, storage and other related facilities, and water lines and related equipment and facilities; and

 

WHEREAS, the Parties desire by their execution of this Agreement to evidence their understanding, as more fully set forth in Article 2, with respect to the secondment of employees for the provision of certain operation and management services by the ETRN Group (as defined below) for and on behalf of the Partnership Group and the Partnership’s obligations related thereto.

 

NOW THEREFORE, in consideration of their mutual undertakings and agreements hereunder, the Parties undertake and agree as follows:

 

ARTICLE 1
 DESCRIPTION OF FACILITIES

 

1.1                               Facilities Description.  “Facilities” means all facilities, pipelines (including natural gas, natural gas liquid and water pipelines), machinery, measurement equipment (including vehicles) and other equipment, accessions and improvements in respect of the foregoing, now or hereafter owned or leased by a member of the Partnership Group, unless ETRN and the Partnership determine to exclude any such assets from being subject to this Agreement (such excluded assets, “Excluded Facilities”).

 

ARTICLE 2
 SECONDMENT OF EMPLOYEES

 

2.1                               Seconded Employees.  Subject to the terms of this Agreement, ETRN agrees to second, or cause to be seconded, respectively, those available employees of any of ETRN and its affiliates (other than the General Partner, the Partnership and its subsidiaries) (the “ETRN Group”) for the purpose of providing services (“Services”) with respect to the assets of any Owner from time to time (the “Seconded Employees”) to such Owner, and such Owner agrees to accept each assignment of any Seconded Employees to the Owner from ETRN in accordance with the terms

 

 

of this Agreement (a “Secondment”) for the purpose of performing the Services with respect to the Facilities.  The Seconded Employees will remain at all times the employees of the applicable ETRN Group member, and, in addition, they will also be temporary co-employees of the applicable Owner during the Period of Secondment (as defined below) and shall, at all times during the Period of Secondment, work under the direction, supervision and control of the Owner related to the Facilities.  Seconded Employees shall have no authority or apparent authority to act on behalf of any ETRN Group member during the Period of Secondment related to the Facilities.  The rights and obligations of the Parties under this Agreement that relate to individuals that were Seconded Employees but then later ceased to be Seconded Employees, which rights and obligations accrued during the Period of Secondment, will survive the removal of such individuals from the group of Seconded Employees to the extent necessary to enforce such rights and obligations.

 

2.2                               Duties and Authority of Seconded Employees.  Under the direction of the applicable Owner, the Seconded Employees shall, subject to the terms of this Agreement, perform duties for the operation, maintenance, repair, design, alteration and replacement of the Facilities and of the business processes associated with the Facilities.

 

ARTICLE 3
 TERMS OF SECONDMENT

 

3.1                               Independent Contractor.  ETRN is an independent contractor and, upon the reasonable request by an Owner and subject to the availability of employees to second, shall second, or cause to be seconded, the Seconded Employees as an independent contractor. Nothing hereunder shall be construed as creating any other relationship among the Parties, including but not limited to a partnership, agency or fiduciary relationship, joint venture, limited liability company, association, or any other enterprise. Except to the extent provided in Section 2.1, none of the Parties or any of their employees shall be deemed to be an employee of another Party.

 

3.2                               Period of Secondment.  ETRN will second, or cause to be seconded, the Seconded Employees to the applicable Owner starting on the Effective Date and continuing, during the period (and only during the period) that the Seconded Employees are performing Services for such Owner, until the earlier of:

 

(a)                                 the end of the term of this Agreement;

 

(b)                                 such end date for any Seconded Employees as may be mutually agreed by ETRN and the applicable Owner (the “End Date”);

 

(c)                                  a withdrawal, departure, resignation or termination of such Seconded Employees under Section 3.3; or

 

(d)                                 a termination of Secondment of such Seconded Employees under Section 3.4.

 

The period of time that any Seconded Employee is provided by ETRN to an Owner is referred to in this Agreement as the “Period of Secondment.”  At the end of the Period of Secondment for any Seconded Employee, such Seconded Employee will no longer be subject to the direction by such Owner of the Seconded Employee’s day-to-day activities.  The Parties acknowledge that certain of the Seconded Employees may also provide services to the ETRN

 

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Group in connection with operations conducted by the ETRN Group (“Shared Seconded Employees”) and the Parties intend that such Shared Seconded Employees shall only be seconded to the applicable Owner during those times that the Shared Seconded Employees are performing Services for such Owner hereunder.

 

3.3                               Withdrawal, Departure or Resignation.  If any Seconded Employee tenders his or her resignation to an applicable ETRN Group member, or if the employment of any Seconded Employee is terminated by an applicable ETRN Group member, ETRN will promptly notify the applicable Owner.  During the Period of Secondment of any Seconded Employee, the applicable ETRN Group member will not voluntarily withdraw or terminate such Seconded Employee except under Section 3.4 or with the consent of the applicable Owner, which consent shall not be unreasonably withheld, conditioned or delayed.

 

3.4                               Termination of Secondment.  Subject to any restrictions contained in any collective bargaining agreement to which an ETRN Group member is a party, the applicable Owner will have the right to terminate the Secondment to such Owner of any Seconded Employee for any reason at any time.  ETRN will not, without the applicable Owner’s express consent, agree to any future amendments to any collective bargaining agreement that would increase the type or degree of any limitations on the Owner’s ability to terminate the Secondment of any Seconded Employee. In addition, any member of the ETRN Group shall have the right at any time and from time to time to terminate the Secondment of any Seconded Employee by providing a substitute Seconded Employee.  Upon the termination of any Seconded Employee’s Period of Secondment, ETRN will be solely liable for any costs or expenses associated with the termination of the Secondment, except as otherwise specifically set forth in this Agreement.

 

3.5                               Supervision.  During the Period of Secondment, the applicable Owner shall:

 

(a)                                 be ultimately and fully responsible for the daily work assignments of the Seconded Employees (and with respect to Shared Seconded Employees, during those times that the Shared Seconded Employees are performing Services for the Owner hereunder), including supervision of their day-to-day work activities and performance consistent with the job functions associated with the Services;

 

(b)                                 have the right to set the hours of work and the holidays and vacation schedules (other than with respect to Shared Seconded Employees, as to which the Owner and ETRN shall jointly determine) for Seconded Employees; and

 

(c)                                  have the right to determine training which will be received by the Seconded Employees.

 

The Partnership, for itself and on behalf of each Owner, agrees that with respect to any Seconded Employee who is otherwise represented by a union while working for the ETRN Group, the Owner will be assigned the applicable ETRN Group member’s rights and responsibilities of any applicable collective bargaining agreement for the Period of Secondment as to any such employee, subject to any changes agreed to between the applicable ETRN Group member and any applicable union or as may be allowed by law.  The Owner is not, hereby, agreeing to recognize

 

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any union or assume any bargaining obligation.  Any and all recognition and bargaining obligations, to the extent that they exist, will remain with the applicable ETRN Group member.

 

3.6                               Seconded Employees Qualifications; Approval.  ETRN will provide such suitably qualified and experienced Seconded Employees as ETRN is reasonably able to make available to the Partnership, and the applicable Owner will have the right to approve such Seconded Employees.   All Seconded Employees identified as of the Effective Date have been approved and accepted by the applicable Owner as suitable for performing job functions related to the Services.

 

3.7                               Workers Compensation.  At all times, the ETRN Group will maintain workers’ compensation insurance (either through an insurance company or approved self-insurance arrangement) applicable to the Seconded Employees, and will include each Owner as an Alternate Employer under each applicable insurance policy.  The Parties agree that a Seconded Employee’s sole remedy for any workplace injury suffered during the Period of Secondment shall be under the workers’ compensation insurance (either through an insurance company or approved self-insurance arrangement) applicable to the Seconded Employees.

 

3.8                               Benefit Plans.  No Owner nor any member of the Partnership Group shall be a participating employer in any Benefit Plan (as defined below) during the Period of Secondment.  Subject to the applicable Owner’s reimbursement obligations hereunder, the ETRN Group shall remain solely responsible for all obligations and liabilities arising under the express terms of the Benefit Plans, and the Seconded Employees will be covered under the Benefit Plans subject to and in accordance with their terms and conditions, as they may be amended from time to time. ETRN and its ERISA Affiliates (as defined below) may amend or terminate any Benefit Plan in whole or in part at any time (subject to the applicable provisions of any collective bargaining agreement covering Seconded Employees, if any). During the Period of Secondment, no Owner nor any other member of the Partnership Group shall assume any Benefit Plan or have any obligations, liabilities or rights arising under the express terms of the Benefit Plans, in each case except for cost reimbursement pursuant to this Agreement.

 

For the purposes of this Section 3.8, “Benefit Plans” means each employee benefit plan, as defined in Section 3(3) of The Employee Retirement Income Security Act of 1974, as amended (“ERISA”), and any other material plan, policy, program, practice, agreement, understanding or arrangement (whether written or oral) providing compensation or other benefits to any Seconded Employee (or to any dependent or beneficiary thereof), including, without limitation, any stock bonus, stock ownership, stock option, stock purchase, stock appreciation rights, phantom stock, restricted stock or other equity-based compensation plans, policies, programs, practices or arrangements, and any bonus or incentive compensation plan, deferred compensation, profit sharing, holiday, cafeteria, medical, disability or other employee benefit plan, program, policy, agreement or arrangement sponsored, maintained, or contributed to by the applicable ETRN Group member or any entity that would be treated as a single employer with ETRN or the ETRN Group member under Sections 414(b), (c) or (m) of the Code or Section 4001(b)(1) of ERISA (“ERISA Affiliates”), or under which ETRN, the ETRN Group member, or any ERISA Affiliate may have any obligation or liability, whether actual or contingent, in respect of or for the benefit of any Seconded Employee (but excluding workers’ compensation benefits (whether through insured or self-insured arrangements) and directors and officers liability insurance).

 

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ARTICLE 4
 REIMBURSEMENT AND BILLING PROCEDURES

 

4.1                               Reimbursement.  Except as provided below in Sections 4.3, 4.4 and 4.5, the applicable Owner shall reimburse ETRN for the secondment of the Seconded Employees pursuant to this Agreement in the same manner that the Partnership reimburses ETRN pursuant to the reimbursement for services provisions of the Omnibus Agreement (“Services/Secondment Reimbursement”).

 

4.2                               Billing Procedures.  ETRN shall invoice the applicable Owner for the Seconded Employees in accordance with the billing procedures provisions of the Omnibus Agreement.

 

4.3                               Adjustments Based on Period of Secondment.  It is understood and agreed that the applicable Owner shall be liable for wages and other costs associated with a Seconded Employee (“Seconded Employee Expenses”) to the extent, and only to the extent, they are attributable to the Period of Secondment.   As such, if the Period of Secondment begins on other than the first day of a month or ends on other than the last day of a month, the Seconded Employee Expenses for such month shall be prorated based on the number of days during such month that the Period of Secondment was in effect.

 

4.4                               Adjustments for Shared Services. With respect to each Shared Seconded Employee, ETRN will determine in good faith the percentage of such Shared Seconded Employee’s time spent providing Services to the applicable Owner (the “Allocation Percentage”). For each month during the Period of Secondment, the amount of the Services Reimbursement payable by the applicable Owner with respect to each Shared Seconded Employee shall be calculated by multiplying the Seconded Employee Expenses for such Shared Seconded Employee times the Allocation Percentage for such Shared Seconded Employee; provided, however, that certain Second Employee Expenses shall not be allocated based on the Allocation Percentage but rather shall be allocated as follows:

 

(a)                                 termination costs with respect to any Shared Seconded Employee shall be allocated between the applicable Owner and the ETRN Group based upon the Allocation Percentage, provided that the Owner and ETRN or the applicable ETRN Group member agree in advance to terminate such Shared Seconded Employee; otherwise, a Party who terminates a Shared Seconded Employee without first consulting with the other Party or applicable affiliate (including an actual or alleged constructive termination) shall be solely responsible for all termination costs related to such termination, other than any termination costs arising solely out of the gross negligence or willful misconduct of the other Party or applicable affiliate;

 

(b)                                 travel expenses and other expenses incurred with respect to and/or reimbursable to a Shared Seconded Employee shall be paid by the Party for whom the Shared Seconded Employee was working at the time they were incurred, except that expenses related to activities that benefit both the applicable Owner and the ETRN Group (e.g., some types of training) shall be shared by the affected Parties in accordance with the Allocation Percentage (or such other allocation as may be agreed between the affected Parties); and

 

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(c)                                  any sales taxes imposed upon the provision of any taxable Services provided under this Agreement shall be reimbursable in full by the applicable Owner, provided that the Owner and ETRN contemplate that the Services provided pursuant to this Agreement are not taxable services for sales and use tax purposes.

 

ARTICLE 5
 TERMINATION

 

5.1                               Termination.  This Agreement will terminate automatically upon the termination of the Omnibus Agreement.  Upon termination of this Agreement, all rights and obligations of the Parties under this Agreement shall terminate, provided, however, that such termination shall not affect or excuse the performance of any party under the provisions of Article 6, which provisions shall survive the termination of this Agreement indefinitely.

 

ARTICLE 6
 INDEMNITY

 

6.1                               Indemnification Scope.  IT IS IN THE BEST INTERESTS OF THE PARTIES THAT CERTAIN RISKS RELATING TO THE MATTERS GOVERNED BY THIS AGREEMENT SHOULD BE IDENTIFIED AND ALLOCATED AS AMONG THEM. IT IS THEREFORE THE INTENT AND PURPOSE OF THIS AGREEMENT TO PROVIDE FOR THE INDEMNITIES SET FORTH HEREIN TO THE MAXIMUM EXTENT ALLOWED BY LAW. ALL PROVISIONS OF THIS ARTICLE SHALL BE DEEMED CONSPICUOUS WHETHER OR NOT CAPITALIZED OR OTHERWISE EMPHASIZED.

 

6.2                               Indemnified Persons.  Wherever “ETRN” appears as an Indemnitee in this Article, the term shall include that entity, its parents, subsidiaries, affiliates, partners, members, contractors and subcontractors at any tier, and the respective agents, officers, directors, employees, and representatives of the foregoing entities involved in actions or duties to act on behalf of the indemnified party (collectively, the “ETRN Indemnitees”); provided, however, that the ETRN Indemnitees shall not include the Owners, the General Partner or the Partnership. As used in this Article 6, references to “third parties” shall not include any ETRN Indemnitees.

 

6.3                               Indemnification. THE OWNERS SHALL RELEASE, DEFEND, INDEMNIFY, AND HOLD HARMLESS THE ETRN INDEMNITEES FROM AND AGAINST ANY AND ALL CLAIMS, CAUSES OF ACTION, DEMANDS, LIABILITIES, LOSSES, DAMAGES, FINES, PENALTIES, JUDGMENTS, EXPENSES AND COSTS, INCLUDING REASONABLE ATTORNEYS’ FEES AND COSTS OF INVESTIGATION AND DEFENSE (EACH, A “LIABILITY”) (INCLUDING, WITHOUT LIMITATION, ANY LIABILITY FOR (A) DAMAGE, LOSS OR DESTRUCTION OF THE FACILITIES, (B) BODILY INJURY, ILLNESS OR DEATH OF ANY PERSON, AND (C) LOSS OF OR DAMAGE TO EQUIPMENT OR PROPERTY OF ANY PERSON) ARISING FROM OR RELATING TO THIS AGREEMENT.

 

6.4                               Damages Limitations.  Any and all damages recovered by a Party pursuant to this Article 6 or pursuant to any other provision of or actions or omissions under this Agreement shall be limited to actual damages. CONSEQUENTIAL DAMAGES (INCLUDING WITHOUT

 

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LIMITATION BUSINESS INTERRUPTIONS AND LOST PROFITS) AND EXEMPLARY AND PUNITIVE DAMAGES SHALL NOT BE RECOVERABLE UNDER ANY CIRCUMSTANCES EXCEPT TO THE EXTENT THOSE DAMAGES ARE INCLUDED IN THIRD PARTY CLAIMS FOR WHICH A PARTY HAS AGREED HEREIN TO INDEMNIFY THE OTHER PARTY. EACH PARTY ACKNOWLEDGES IT IS AWARE THAT IT HAS POTENTIALLY VARIABLE LEGAL RIGHTS UNDER COMMON LAW AND BY STATUTE TO RECOVER CONSEQUENTIAL, EXEMPLARY, AND PUNITIVE DAMAGES UNDER CERTAIN CIRCUMSTANCES, AND EACH OF THE PARTIES NEVERTHELESS WAIVES, RELEASES, RELINQUISHES, AND SURRENDERS RIGHTS TO CONSEQUENTIAL PUNITIVE AND EXEMPLARY DAMAGES TO THE FULLEST EXTENT PERMITTED BY LAW WITH FULL KNOWLEDGE AND AWARENESS OF THE CONSEQUENCES OF THE WAIVER REGARDLESS OF THE NEGLIGENCE OR FAULT OF EITHER PARTY.

 

6.5                               Defense of Claims.  The indemnifying Party shall defend, at its sole expense, any claim, demand, loss, liability, damage, or other cause of action within the scope of the indemnifying Party’s indemnification obligations under this Agreement, provided that the indemnified Party notifies the indemnifying Party promptly in writing of any claim, loss, liability, damage, or cause of action against the indemnified Party and gives the indemnifying Party authority, information, and assistance at the reasonable expense of the indemnified Party in defense of the matter. The indemnified Party may be represented by its own counsel (at the indemnified Party’s sole expense) and may participate in any proceeding relating to a claim, loss, liability, damage, or cause of action in which the indemnified Party or both Parties are defendants, provided, however, that the indemnifying Party shall, at all times, control the defense and any appeal or settlement of any matter for which it has indemnification obligations under this Agreement so long as any such settlement includes an unconditional release of the indemnified Party from all liability arising out of such claim, demand, loss, liability, damage, or other cause of action and does not include a statement as to or an admission of fault, culpability or a failure to act by or on behalf of the indemnified Party.  Should an Owner and ETRN both be named as defendants in any third-party claim or cause of action arising out of or relating to the Facilities or Services, the Parties will cooperate with each other in the joint defense of their common interests to the extent permitted by law, and will enter into an agreement for joint defense of the action if the Parties mutually agree that the execution of the same would be beneficial.

 

ARTICLE 7
 NOTICES

 

A Party may give notices to the other Parties by first class mail postage prepaid, by overnight delivery service, or by facsimile with receipt confirmed at the following addresses or other addresses furnished by a Party by written notice. Any telephone numbers below are solely for information and are not for Agreement notices.

 

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If to the Partnership or the General Partner to:

 

EQM Midstream Partners, LP

EQM Midstream Services, LLC

625 Liberty Avenue, Suite 2000

Pittsburgh, PA  15222

Attn: General Counsel

 

If to any member of the ETRN Group, to:

 

Equitrans Midstream Corporation

625 Liberty Avenue, Suite 2000

Pittsburgh, PA 15222

Attn:  General Counsel

 

ARTICLE 8
  GENERAL

 

8.1                               Succession and Assignment.  This Agreement shall be binding upon and inure to the benefit of the Parties named herein. No Party may assign or otherwise transfer either this Agreement or any of its rights, interests or obligations hereunder without the prior written approval of the other Parties, which approval shall not be unreasonably withheld, conditioned or delayed.

 

8.2                               Governing Law.  THIS AGREEMENT AND THE RIGHTS AND DUTIES OF THE PARTIES ARISING OUT OF THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA, WITHOUT REGARD TO CONFLICTS OF LAW PRINCIPALS.  Jurisdiction and venue shall be in the Court of Common Pleas of Allegheny County, Pennsylvania, or the United States District Court for the Western District of Pennsylvania.

 

8.3                               Non-waiver of Future Default.  No waiver of any Party of any one or more defaults by the other in performance of any of the provisions of this Agreement shall operate or be construed as a waiver of any other existing or future default or defaults, whether of a like or different character.

 

8.4                               Audit and Maintenance of Records; Reporting.  Notwithstanding the payment by the Owners of any charges, the Owners shall have the right to review and contest the charges. For a period of two years from the end of any calendar year, the Owners shall have the right, upon reasonable notice and at reasonable times, to inspect and audit all the records, books, reports, data and processes related to the Services performed by the Seconded Employees to ensure ETRN’s compliance with the terms of this Agreement.  If the information is confidential, the parties shall execute a mutually acceptable confidentiality agreement prior to such inspection or audit.

 

8.5                               Entire Agreement; Amendments and Schedules.  This Agreement, together with the Omnibus Agreement, constitutes the entire agreement concerning the subject matter among the Parties and shall be amended or waived only by an instrument in writing executed by ETRN and

 

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the Partnership. Any schedule, annex, or exhibit referenced in the text of this Agreement and attached hereto is by this reference made a part hereof for all purposes.  This Agreement shall be deemed to replace and terminate the Prior Agreement in its entirety.

 

8.6                               Counterpart Execution.  This Agreement may be executed in any number of counterparts, all of which together shall constitute one agreement binding on the Parties hereto.

 

8.7                               Third Parties.  This Agreement is not intended to confer upon any person not a Party, ETRN Group member or an Owner any rights or remedies hereunder, and no person other than the Parties, ETRN Group members and Owners is entitled to rely on or enforce any representation, warranty or covenant contained herein.  The ETRN Group members and Owners are intended third-party beneficiaries of this Agreement.

 

[Signature Pages Follow]

 

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

 

	
 
    	
EQUITRANS   MIDSTREAM CORPORATION
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Thomas F. Karam
    
	
 
    	
 
    	
President and Chief Executive Officer
    
	
 
    	
 
    	
 
    
	
 
    	
EQM   MIDSTREAM PARTNERS, LP
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
EQM Midstream Services, LLC,
    
	
 
    	
 
    	
its general partner
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Kirk Oliver
    
	
 
    	
 
    	
Senior Vice President and Chief Financial Officer
    
	
 
    	
 
    	
 
    
	
 
    	
EQM   MIDSTREAM SERVICES, LLC
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Kirk Oliver
    
	
 
    	
 
    	
Senior Vice President and Chief Financial Officer
    

 

[Signature Page to Secondment Agreement (EQM)]Exhibit 10.50

 

AMENDED AND RESTATED

 

OMNIBUS AGREEMENT

 

among

 

EQT CORPORATION,

 

EQM MIDSTREAM PARTNERS, LP

 

and

 

EQM MIDSTREAM SERVICES, LLC

 

 

AMENDED AND RESTATED OMNIBUS AGREEMENT

 

This AMENDED AND RESTATED OMNIBUS AGREEMENT (“Agreement”) is entered into on, and effective as of, [·], 2018, among EQT Corporation, a Pennsylvania corporation (“EQT”), EQM Midstream Partners, LP, a Delaware limited partnership (the “Partnership”), and EQM Midstream Services, LLC, a Delaware limited liability company (the “General Partner”).  The above-named entities are sometimes referred to in this Agreement each as a “Party” and collectively as the “Parties.”

 

R E C I T A L S:

 

1.                                      The Parties previously entered into that certain Omnibus Agreement, effective July 2, 2012 (as amended by Amendment No. 1 to Omnibus Agreement, dated March 17, 2015, the “Original Agreement”), governing certain indemnification, reimbursement and licensing matters among them;

 

2.                                      Pursuant to Section 6.4 of the Original Agreement, EQT has delivered to the Partnership and the General Partner a notice regarding EQT’s election to terminate the Original Agreement, other than Section 5.3, Article II and Article III thereof, in connection with a Change of Control (as defined in the Original Agreement) related to the proposed spin-off of Equitrans Midstream Corporation (the “Spin-Off”) by EQT; and

 

3.                                      In connection with the Spin-Off, the Parties desire to enter into this Agreement in order to amend and restate the Original Agreement as more fully described herein.

 

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

 

ARTICLE I
 Definitions

 

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

 

“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.

 

“Applicable Maintenance Capital Expenditures” is defined in Section 3.2.

 

“Cause” is defined in the Partnership Agreement.

 

“Closing Date” means July 2, 2012.

 

“Common Units” is defined in the Partnership Agreement.

 

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

 

“control,” “is controlled by” or “is under common control with” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract, or otherwise.

 

“Covered Environmental Losses” means any and all Losses (including, without limitation, the costs and expenses associated with any Environmental Activity or of any environmental or toxic tort pre-trial, trial or appellate legal or litigation work) related to or arising out of or in connection with:

 

(a)                                 any violation or correction of a violation of any Environmental Law related to the Partnership Assets; and

 

(b)                                 any event, circumstance, action, omission, condition or matter that has an adverse impact on the environment and is associated with or arising from the ownership or operation of the Partnership Assets (including, without limitation, the presence of Hazardous Substances at, on, under, about or migrating from the Partnership Assets or the exposure to or Release of Hazardous Substances arising out of the operation of Partnership Assets, including at non-Partnership Asset locations).

 

“Environmental Activity” means any investigation, study, assessment, evaluation, sampling, testing, monitoring, containment, removal, disposal, closure, corrective action, remediation (whether active or passive), natural attenuation, restoration, bioremediation, response, repair, cleanup or abatement that is required or necessary under any Environmental Law, including, without limitation, the establishment of institutional or engineering controls and the performance of or participation in a supplemental environmental project in partial or whole mitigation of a fine or penalty.

 

“Environmental Laws” means all federal, state, and local laws, statutes, rules, regulations, orders, ordinances, judgments, codes, injunctions, decrees, Environmental Permits and other legally enforceable requirements and rules of common law relating to (a) pollution or protection of the environment or natural resources, (b) any Release or threatened Release of, or any exposure of any Person or property to, any Hazardous Substance and (c) the generation, manufacture, processing, distribution, use, treatment, storage, transport or handling of any Hazardous Substance, including, without limitation, the federal Comprehensive Environmental Response, Compensation, and Liability Act, the Superfund Amendments Reauthorization Act, the Resource Conservation and Recovery Act, the Clean Air Act, the Federal Water Pollution Control Act, the Toxic Substances Control Act, the Oil Pollution Act, the Safe Drinking Water Act, the Hazardous Materials Transportation Act and other environmental conservation and protection laws, each as amended through and existing on the Closing Date.

 

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“Environmental Permits” means any permit, approval, identification number, license, registration, certification, consent, exemption, variance or other authorization required under or issued pursuant to any applicable Environmental Law.

 

“EQT Entities” means EQT and any Person controlled, directly or indirectly, by EQT other than the General Partner or a member of the Partnership Group; and “EQT Entity” means any of the EQT Entities.

 

“Equitrans” means Equitrans, L.P., a Pennsylvania limited partnership.

 

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

 

“Indemnified Party” means either one or more members of the Partnership Group or one or more EQT Entities, as the case may be, each in its capacity as a party entitled to indemnification in accordance with Article II hereof.

 

“Indemnifying Party” means either one or more members of the Partnership Group or EQT, as the case may be, each in its capacity as a party from whom indemnification may be required in accordance with Article II hereof.

 

“Limited Partner” is defined in the Partnership Agreement.

 

“Losses” means all losses, damages, liabilities, injuries, claims, demands, causes of action, judgments, settlements, fines, penalties, costs and expenses of any and every kind or character (including, without limitation, court costs and reasonable attorneys’ and experts’ fees).

 

“Ongoing Maintenance Capital Expenditures” means Maintenance Capital Expenditures (as defined in the Partnership Agreement) incurred by the Partnership Group with respect to the Partnership Assets during any applicable period other than those incurred pursuant to the initiatives set forth on Schedule A attached hereto (the “Pre-Funded Capital Expenditures Initiatives”) for which the Partnership Group has allocated proceeds of its initial public offering for the funding thereof, as further described in the Partnership’s Registration Statement on Form S-1 (No. 333-179487) (the “Allocated Proceeds”); provided, however, that for purposes of Section 3.2, in the event that the aggregate Maintenance Capital Expenditures incurred with respect to the Partnership Assets pursuant to the Pre-Funded Capital Expenditures Initiatives exceeds the amount of the Allocated Proceeds, such excess Maintenance Capital Expenditures shall be considered “Ongoing Maintenance Capital Expenditures.”

 

“Original Agreement” is defined in the recitals to this Agreement.

 

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“Partnership Agreement” means the First Amended and Restated Agreement of Limited Partnership of EQT Midstream Partners, LP, dated as of the Closing Date, as such agreement was in effect on the Closing Date, to which reference is hereby made for all purposes of this Agreement.

 

“Partnership Assets” means the assets conveyed, contributed or otherwise transferred, directly or indirectly (including through the transfer of equity interests), or intended to be conveyed, contributed or otherwise transferred, to the Partnership Group pursuant to the Contribution Agreement, including, without limitation, gathering pipelines, transportation pipelines, natural gas storage assets, offices and related equipment and real estate.

 

“Partnership Group” means the Partnership and its Subsidiaries treated as a single consolidated entity.

 

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

 

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

 

“Release” means any depositing, spilling, leaking, pumping, pouring, placing, emitting, discarding, abandoning, emptying, discharging, migrating, injecting, escaping, leaching, dumping or disposing into the environment.

 

“Retained Assets” means the assets and investments owned by Equitrans as of the Closing Date that were not conveyed, contributed or otherwise transferred to the Partnership Group pursuant to the Contribution Agreement; provided, however, that any Retained Asset shall cease to be a Retained Asset upon its conveyance, contribution or transfer to the Partnership Group after July 2, 2012.

 

“Spin-Off” is defined in the recitals to this Agreement.

 

“Subsidiary” means, with respect to any Person, (a) a corporation of which no more than 50% of the voting power of shares entitled (without regard to the occurrence of any contingency) to vote in the election of directors or other governing body of such corporation is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries of such Person or a combination thereof, (b) a partnership (whether general or limited) in which such Person or a Subsidiary of such Person is, at the date of determination, a general or limited partner of such partnership, but only if more than 50% of the partnership interests in such partnership (considering all of the partnership interests of the partnership as a single class) is owned, directly or indirectly, at the date of determination, by such Person, by one or more Subsidiaries of such Person, or a combination thereof, or (c) any other Person (other than a corporation or a partnership) in which such Person, one or more Subsidiaries of such Person, or a combination thereof, directly or indirectly, at the date of determination, has (i) at least a majority ownership interest or (ii) the power to elect or direct the election of a majority of the directors or other governing body of such Person.

 

4

 

ARTICLE II
  Indemnification

 

2.1                               Additional Indemnification. Subject to the provisions of Sections 2.3 and 2.4, EQT shall indemnify, defend and hold harmless the Partnership Group from and against any Losses suffered or incurred by the Partnership Group and related to or arising out of or in connection with:

 

(a)                                 any event or condition associated with the Retained Assets, whether occurring before, on or after the Closing Date;

 

(b)                                 any federal, state or local income tax liabilities attributable to the ownership or operation of the Partnership Assets prior to the Closing Date, including (i) any income tax liabilities of EQT that may result from the consummation of the formation transactions for the Partnership Group and (ii) any income tax liabilities arising under Treasury Regulation Section 1.1502-6 and any similar provision of applicable state, local or foreign law, or by contract, as successor, transferee or otherwise, and which income tax liability is attributable to having been a member of any consolidated, combined or unitary group prior to the Closing Date;

 

(c)                                  any claims related to Equitrans’ previous ownership of the Big Sandy Pipeline, including specifically claims arising under the Big Sandy Purchase Agreement and those related to the current dispute with Prater Branch Resources, LLC pursuant to the letter agreement dated September, 2007 between Equitrans and Big Branch Holdings Company, which was assigned to Prater Branch Resources; and

 

(d)                                 any amounts due to any member of the Partnership Group by a third party that has not paid such amounts in reliance on a contractual provision that provides that such third party may offset amounts due to any member of the Partnership Group against amounts owed by an EQT Entity to such third party.

 

2.2                               Indemnification by the Partnership Group.  Subject to the provisions of Sections 2.3 and 2.4, the Partnership Group shall indemnify, defend and hold harmless the EQT Entities from and against any Losses (including Covered Environmental Losses) suffered or incurred by the EQT Entities and related to or arising out of or in connection with:

 

(a)                                 the ownership or operation of the Partnership Assets after the Closing Date, except to the extent that any member of the Partnership Group is entitled to indemnification hereunder or unless such indemnification would not be permitted under the Partnership Agreement; and

 

(b)                                 any amounts due to any of the EQT Entities by a third party that has not paid such amounts due in reliance on a contractual provision that provides that such third party may offset amounts due to any of the EQT Entities against amounts owed by a member of the Partnership Group to such third party.

 

5

 

2.3                               Limitations Regarding Indemnification.

 

(a)                                 The indemnification obligation set forth in Section 2.1(b) shall terminate on the 60th day after the termination of any applicable statute of limitations; provided, however, that any such indemnification obligation with respect to a Loss shall survive the time at which it would otherwise expire pursuant to this Section 2.3(a) if notice of such Loss is properly given to EQT prior to such time.  The indemnification obligations set forth in Sections 2.1(a), 2.1(c), 2.1(d) and 2.2 shall survive indefinitely.

 

(b)                                 In no event shall EQT be obligated to the Partnership Group under Section 2.1(b) or 2.1(c) for any Losses or income tax liabilities to the extent (i) such Losses or liabilities were reserved for in the Partnership Group’s financial statements as of December 31, 2011, (ii) any insurance proceeds are realized by the Partnership Group, such correlative benefit to be net of any incremental insurance premium that becomes due and payable by the Partnership Group as a result of such claim, (iii) any amounts are recovered by the Partnership Group from third persons, or (iv) any amounts may be recovered from customers under the Partnership Group’s tariff filed with the Federal Energy Regulatory Commission (the “FERC”) as determined by the Partnership.

 

2.4                               Indemnification Procedures.

 

(a)                                 The Indemnified Party agrees that promptly after it becomes aware of facts giving rise to a claim for indemnification under this Article II, it will provide notice thereof in writing to the Indemnifying Party, specifying the nature of and specific basis for such claim; provided, however, that the Indemnified Party shall not submit claims more frequently than once a calendar quarter (or twice in the case of the calendar quarter in which the applicable indemnity coverage under this Agreement expires) unless such Indemnified Party believes in good faith that such a delay in notice to the Indemnifying Party would cause actual prejudice to the Indemnifying Party’s ability to defend against the applicable claim.  Notwithstanding anything in this Article II to the contrary, a delay by the Indemnified Party in notifying the Indemnifying Party shall not relieve the Indemnifying Party of its obligations under this Article II, except to the extent that such failure shall have caused actual prejudice to the Indemnifying Party’s ability to defend against the applicable claim.

 

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

 

(c)                                  The Indemnified Party agrees to cooperate fully with the Indemnifying Party with respect to all aspects of the defense of any claims covered by the indemnification under this Article II, including, without limitation, the prompt furnishing to the Indemnifying 

 

6

 

Party of any correspondence or other notice relating thereto that the Indemnified Party may receive, permitting the name of the Indemnified Party to be utilized in connection with such defense, the making available to the Indemnifying Party of any files, records or other information of the Indemnified Party that the Indemnifying Party considers relevant to such defense and the making available to the Indemnifying Party, at no cost to the Indemnifying Party, of any employees of the Indemnified Party; provided, however, that in connection therewith the Indemnifying Party agrees to use commercially reasonable efforts to minimize the impact thereof on the operations of the Indemnified Party and further agrees to maintain the confidentiality of all files, records and other information furnished by the Indemnified Party pursuant to this Section 2.4.  In no event shall the obligation of the Indemnified Party to cooperate with the Indemnifying Party as set forth in the immediately preceding sentence be construed as imposing upon the Indemnified Party an obligation to hire and pay for counsel in connection with the defense of any claims covered by the indemnification set forth in this Article II; provided, however, that the Indemnified Party may, at its own option, cost and expense, hire and pay for counsel in connection with any such defense.  The Indemnifying Party agrees to keep any such counsel hired by the Indemnified Party informed as to the status of any such defense, but the Indemnifying Party shall have the right to retain sole control over such defense.

 

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

 

(e)                                  NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, IN NO EVENT SHALL ANY PARTY’S INDEMNIFICATION OBLIGATION HEREUNDER COVER OR INCLUDE CONSEQUENTIAL, INDIRECT, INCIDENTAL, PUNITIVE, EXEMPLARY, SPECIAL OR SIMILAR DAMAGES OR LOST PROFITS SUFFERED BY ANY OTHER PARTY ENTITLED TO INDEMNIFICATION UNDER THIS AGREEMENT.

 

ARTICLE III
  Reimbursements

 

3.1                               Plugging and Abandonment.  EQT shall reimburse the Partnership for any and all plugging and abandonment expenditures and other expenditures, including but not limited to condemnation proceedings and well reworks, that are reasonably necessary, in the good faith judgment of the Partnership, to protect its storage assets owned on the Closing Date, relating to the wells identified as EQT wells on Schedule B hereto and up to $1.2 million per fiscal year for such expenditures relating to the wells identified as third party wells on Schedule C hereto.

 

3.2                               Bare Steel Replacement.  If Applicable Maintenance Capital Expenditures (as defined below) exceed $17.2 million in any year, then EQT shall reimburse the Partnership for the lesser of (a) the amount of bare steel replacement capital expenditures during such year that were reasonably necessary, in the good faith judgment of the Partnership, and (b) the amount by which such Applicable Maintenance Capital Expenditures exceeds $17.2 million.  As used herein, “Applicable Maintenance Capital Expenditures” shall mean the sum of (i) Ongoing Maintenance Capital Expenditures incurred during the applicable period, less (ii) any plugging and abandonment expenditures and other expenditures incurred by the Partnership Group during the applicable period for which the Partnership Group has been reimbursed pursuant to Section 3.1 hereof, less (iii) any amounts recovered from customers during the applicable period under 

 

7

 

the Partnership Group’s tariff filed with the FERC that are associated with the Partnership Assets, as determined by the Partnership.  The aggregate reimbursement obligation of EQT under this Section 3.2 shall not exceed $31.5 million.

 

3.3                               Limitations Regarding Reimbursement.

 

(a)                                 The reimbursement obligations set forth in Sections 3.1 and 3.2 shall terminate on the tenth anniversary of the Closing Date.

 

(b)                                 In no event shall EQT be obligated to the Partnership Group under Sections 3.1 or 3.2 for any reimbursement to the extent (i) such Losses or liabilities were reserved for in the Partnership Group’s financial statements as of December 31, 2011, (ii) any insurance proceeds are realized by the Partnership Group, such correlative benefit to be net of any incremental insurance premium that becomes due and payable by the Partnership Group as a result of such claim, or (iii) any amounts are recovered by the Partnership Group from third persons in respect of such obligations.

 

(c)                                  The Partnership shall take all commercially reasonable actions to mitigate and reduce the amounts subject to reimbursement by EQT pursuant to Sections 3.1 or 3.2.

 

3.4                               Additional Provisions Related to Reimbursement Obligation.  With respect to EQT’s obligation to reimburse the Partnership for bare steel replacement in accordance with Section 3.2:

 

(a)                                 Ongoing Maintenance Capital Expenditures for assets owned by the Partnership Group on the Closing Date will be tracked separately from any new builds or acquired assets.

 

(b)                                 All bare steel replacement capital expenditures for the period from January 1, 2012 through the Closing Date shall be excluded from the calculation of the reimbursement set forth in Section 3.2(a) (but not the calculation of the Applicable Maintenance Capital Expenditures) for the year ending December 31, 2012.

 

(c)                                  All bare steel replacement capital expenditures for the period from the date which is the tenth anniversary of the Closing Date through December 31, 2022 shall be excluded from the calculation of the reimbursement set forth in Section 3.2(a) (but not the calculation of the Applicable Maintenance Capital Expenditures) for the year ending December 31, 2022.

 

3.5                               Reimbursement Procedures.  The Partnership may request reimbursement pursuant to Sections 3.1 or 3.2 on a quarterly basis based on actual expenditures to date and projections for the applicable period; provided, however, that the final determination of reimbursable amounts under each of Sections 3.1 and 3.2 shall be made at the end of each fiscal year promptly after audited financial statements for the Partnership are available.  If, based upon such audited financial statements and subject to Section 3.3(b), it is determined that the Partnership received a reimbursement in excess of the amount to which it was entitled pursuant to Sections 3.1 and 3.2, EQT shall be entitled, at its option, to either a credit for such amount in the following year or a refund.

 

8

 

ARTICLE IV
  Miscellaneous

 

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

 

4.2                               Notice.  All notices or requests or consents provided for by, or permitted to be given pursuant to, this Agreement must be in writing and must be given by depositing same in the United States mail, addressed to the Person to be notified, postage-paid, and registered or certified with return receipt requested or by delivering such notice in person, by overnight delivery service or by facsimile to such Party. Notice given by personal delivery or mail shall be effective upon actual receipt. Notice given by facsimile shall be effective upon actual receipt if received during the recipient’s normal business hours or at the beginning of the recipient’s next business day after receipt if not received during the recipient’s normal business hours. All notices to be sent to a Party pursuant to this Agreement shall be sent to or made at the address set forth below or at such other address as such Party may stipulate to the other Parties in the manner provided in this Section 4.2.

 

If to the EQT Entities:

 

EQT Corporation

625 Liberty, Suite 1700

Pittsburgh, Pennsylvania 15222

Attn:  General Counsel

 

If to the Partnership Group:

 

EQM Midstream Partners, LP

c/o EQM Midstream Services, LLC, its General Partner

625 Liberty Avenue, Suite 2000

Pittsburgh, Pennsylvania  15222

Attn: General Counsel

 

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

 

4.4                               Termination of Agreement.  Notwithstanding any other provision of this Agreement, if the General Partner is removed as general partner of the Partnership under circumstances where (a) Cause does not exist and the Common Units held by the General Partner and its Affiliates are not voted in favor of such removal, or (b) Cause exists, then this Agreement, other than the provisions set forth in Section 4.11, Article II and Article III, may at any time thereafter be terminated by EQT by written notice to the other Parties.

 

9

 

4.5                               Amendment or Modification.  This Agreement may be amended or modified from time to time only by the written agreement of all the Parties hereto.  Each such instrument shall be reduced to writing and shall be designated on its face an “Amendment” or an “Addendum” to this Agreement.

 

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

 

4.7                               Counterparts.  This Agreement may be executed in any number of counterparts with the same effect as if all signatory parties had signed the same document. All counterparts shall be construed together and shall constitute one and the same instrument. Delivery of an executed signature page of this Agreement by facsimile transmission or in portable document format (.pdf) shall be effective as delivery of a manually executed counterpart hereof.

 

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

 

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

 

4.10                        Rights of Limited Partners.  The provisions of this Agreement are enforceable solely by the Parties to this Agreement, and no Limited Partner of the Partnership shall have the right, separate and apart from the Partnership, to enforce any provision of this Agreement or to compel any Party to this Agreement to comply with the terms of this Agreement.

 

4.11                        Use of Name and Marks.  Section 5.3 of the Original Agreement shall survive the termination of the Original Agreement in accordance with its terms and shall apply to this Agreement, mutatis mutandis.

 

[ Signature Page Follows ]

 

10

 

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

 

	
 
    	
EQT   CORPORATION
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
Name:
    	
Robert J. McNally
    
	
 
    	
Title:
    	
President and Chief Executive Officer
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
EQM   MIDSTREAM PARTNERS, LP
    
	
 
    	
 
    
	
 
    	
By:
    	
EQM Midstream Services, LLC, its general partner
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
Name:
    	
Kirk Oliver
    
	
 
    	
Title:
    	
Senior Vice President and Chief Financial Officer
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
EQM   MIDSTREAM SERVICES, LLC
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
Name:
    	
Kirk Oliver
    
	
 
    	
Title:
    	
Senior Vice President and Chief Financial Officer
    

 

[Signature page to Amended and Restated Omnibus Agreement (EQM)]

 

 

Schedule A

 

Pre-Funded Capital Expenditures Initiatives

 

·                  System segmentation and isolation: Install remote valve operation and pressure monitoring mechanisms on the Partnership’s transmission and storage systems.

 

·                  Valve pit remediation: Program to move valve operators above ground level and to apply coating and corrosion protection to certain equipment.

 

 

Schedule B

 

EQT Wells

 

	
API #
    	
 
    	
Field
    	
 
    	
State
    
	
3700300713
    	
 
    	
Bunola
    	
 
    	
PA
    
	
3700390054
    	
 
    	
Bunola
    	
 
    	
PA
    
	
3700300714
    	
 
    	
Bunola
    	
 
    	
PA
    
	
3700300715
    	
 
    	
Bunola
    	
 
    	
PA
    
	
4709100158
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
4709100162
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
4709100163
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
4709100176
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
4709100153
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
4709100015
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
4709100085
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
3712500688
    	
 
    	
Finleyville
    	
 
    	
PA
    
	
3712500691
    	
 
    	
Finleyville
    	
 
    	
PA
    
	
3712500670
    	
 
    	
Finleyville
    	
 
    	
PA
    
	
3712500667
    	
 
    	
Finleyville
    	
 
    	
PA
    
	
3712500668
    	
 
    	
Finleyville
    	
 
    	
PA
    
	
3705901368
    	
 
    	
Hunters Cave
    	
 
    	
PA
    
	
3705901369
    	
 
    	
Hunters Cave
    	
 
    	
PA
    
	
3705901095
    	
 
    	
Hunters Cave
    	
 
    	
PA
    
	
3705901094
    	
 
    	
Hunters Cave
    	
 
    	
PA
    
	
3705901097
    	
 
    	
Hunters Cave
    	
 
    	
PA
    
	
3705901096
    	
 
    	
Hunters Cave
    	
 
    	
PA
    
	
4710300254
    	
 
    	
Mobley
    	
 
    	
WV
    

 

1

 

	
API #
    	
 
    	
Field
    	
 
    	
State
    
	
4710300717
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710300798
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710300802
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710300834
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710300841
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710300865
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710300875
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710300885
    	
 
    	
Mobley
    	
 
    	
WV
    
	
3712500701
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901113
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901112
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901056
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901105
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901054
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901058
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901059
    	
 
    	
Pratt
    	
 
    	
PA
    
	
4704100136
    	
 
    	
Rhodes
    	
 
    	
WV
    
	
4704101714
    	
 
    	
Rhodes
    	
 
    	
WV
    
	
4704103693
    	
 
    	
Rhodes
    	
 
    	
WV
    
	
4701730099
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4701771545
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709570673
    	
 
    	
Shirley
    	
 
    	
WV
    
	
3705901075
    	
 
    	
Swarts
    	
 
    	
PA
    
	
3705901090
    	
 
    	
Swarts
    	
 
    	
PA
    

 

2

 

Schedule C

 

Third Party Wells

 

	
API #
    	
 
    	
Field
    	
 
    	
State
    
	
3700320012
    	
 
    	
Bunola
    	
 
    	
PA
    
	
3700300446
    	
 
    	
Bunola
    	
 
    	
PA
    
	
3700300787
    	
 
    	
Bunola
    	
 
    	
PA
    
	
3700300886
    	
 
    	
Bunola
    	
 
    	
PA
    
	
3700301113
    	
 
    	
Bunola
    	
 
    	
PA
    
	
3700321991
    	
 
    	
Bunola
    	
 
    	
PA
    
	
3712501861
    	
 
    	
Bunola
    	
 
    	
PA
    
	
3712501991
    	
 
    	
Bunola
    	
 
    	
PA
    
	
4709100145
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
4709100106
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
4709100396
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
4709100399
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
4709100995
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
4709100996
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
4709145003
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
4709145004
    	
 
    	
Comet/Maple Lake
    	
 
    	
WV
    
	
3700300956
    	
 
    	
Finleyville
    	
 
    	
PA
    
	
3700300957
    	
 
    	
Finleyville
    	
 
    	
PA
    
	
3712501751
    	
 
    	
Finleyville
    	
 
    	
PA
    
	
3712501752
    	
 
    	
Finleyville
    	
 
    	
PA
    
	
3700321606
    	
 
    	
Finleyville
    	
 
    	
PA
    
	
3700321608
    	
 
    	
Finleyville
    	
 
    	
PA
    
	
3712500850
    	
 
    	
Finleyville
    	
 
    	
PA
    

 

1

 

	
API #
    	
 
    	
Field
    	
 
    	
State
    
	
3712502026
    	
 
    	
Finleyville
    	
 
    	
PA
    
	
3712502101
    	
 
    	
Finleyville
    	
 
    	
PA
    
	
3705990172
    	
 
    	
Hunters Cave
    	
 
    	
PA
    
	
3705990188
    	
 
    	
Hunters Cave
    	
 
    	
PA
    
	
3705990000
    	
 
    	
Hunters Cave
    	
 
    	
PA
    
	
3705990001
    	
 
    	
Hunters Cave
    	
 
    	
PA
    
	
4704901016
    	
 
    	
Logansport/Hayes
    	
 
    	
WV
    
	
4704970052
    	
 
    	
Logansport/Hayes
    	
 
    	
WV
    
	
4704970113
    	
 
    	
Logansport/Hayes
    	
 
    	
WV
    
	
4704970212
    	
 
    	
Logansport/Hayes
    	
 
    	
WV
    
	
4704970252
    	
 
    	
Logansport/Hayes
    	
 
    	
WV
    
	
4704972287
    	
 
    	
Logansport/Hayes
    	
 
    	
WV
    
	
4704972289
    	
 
    	
Logansport/Hayes
    	
 
    	
WV
    
	
4704972291
    	
 
    	
Logansport/Hayes
    	
 
    	
WV
    
	
4704972323
    	
 
    	
Logansport/Hayes
    	
 
    	
WV
    
	
4710300033
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710300283
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710300377
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710300976
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710301667
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710301766
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710301767
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710301768
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710301769
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710301785
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710301796
    	
 
    	
Mobley
    	
 
    	
WV
    

 

2

 

	
API #
    	
 
    	
Field
    	
 
    	
State
    
	
4710301886
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710301962
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710372014
    	
 
    	
Mobley
    	
 
    	
WV
    
	
4710372052
    	
 
    	
Mobley
    	
 
    	
WV
    
	
3705901206
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901241
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901244
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901245
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901701
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901702
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901714
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901793
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901860
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901938
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901939
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901965
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705901966
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705902121
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705902122
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705902123
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705902124
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705902125
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705902126
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705902128
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705902129
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705923586
    	
 
    	
Pratt
    	
 
    	
PA
    

 

3

 

	
API #
    	
 
    	
Field
    	
 
    	
State
    
	
3705923665
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705924134
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705924135
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3705990159
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3712501355
    	
 
    	
Pratt
    	
 
    	
PA
    
	
3712501904
    	
 
    	
Pratt
    	
 
    	
PA
    
	
4704101371
    	
 
    	
Rhodes
    	
 
    	
WV
    
	
4704102941
    	
 
    	
Rhodes
    	
 
    	
WV
    
	
4704103402
    	
 
    	
Rhodes
    	
 
    	
WV
    
	
4704104051
    	
 
    	
Rhodes/Skin Creek
    	
 
    	
WV
    
	
4704104138
    	
 
    	
Rhodes
    	
 
    	
WV
    
	
4704104616
    	
 
    	
Rhodes
    	
 
    	
WV
    
	
4704104687
    	
 
    	
Rhodes
    	
 
    	
WV
    
	
4704104718
    	
 
    	
Rhodes
    	
 
    	
WV
    
	
4704104971
    	
 
    	
Rhodes
    	
 
    	
WV
    
	
4704170057
    	
 
    	
Rhodes
    	
 
    	
WV
    
	
4704170426
    	
 
    	
Rhodes
    	
 
    	
WV
    
	
4701700607
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4701701009
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4701704219
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4701770355
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4701770943
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4701771544
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4701771549
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4701771550
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4701771551
    	
 
    	
Shirley
    	
 
    	
WV
    

 

4

 

	
API #
    	
 
    	
Field
    	
 
    	
State
    
	
4701771552
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4701771553
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4701771554
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4701771555
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709500008
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709501308
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709501445
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709501540
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709501544
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709521562
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709521623
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709521624
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709521684
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709570040
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709570139
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709570214
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709570499
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4709570501
    	
 
    	
Shirley
    	
 
    	
WV
    
	
4704104018
    	
 
    	
Skin Creek
    	
 
    	
WV
    
	
4704104008
    	
 
    	
Skin Creek
    	
 
    	
WV
    
	
4704104025
    	
 
    	
Skin Creek
    	
 
    	
WV
    
	
3705900634
    	
 
    	
Swarts
    	
 
    	
PA
    
	
3705990151
    	
 
    	
Swarts
    	
 
    	
PA
    
	
3705990167
    	
 
    	
Swarts
    	
 
    	
PA
    
	
3705990171
    	
 
    	
Swarts
    	
 
    	
PA
    
	
3705990174
    	
 
    	
Swarts
    	
 
    	
PA
    

 

5

 

	
API #
    	
 
    	
Field
    	
 
    	
State
    
	
3705990175
    	
 
    	
Swarts
    	
 
    	
PA
    
	
3705990178
    	
 
    	
Swarts
    	
 
    	
PA
    
	
3700321658
    	
 
    	
Tepe
    	
 
    	
PA
    
	
3700321623
    	
 
    	
Tepe
    	
 
    	
PA
    
	
3700321755
    	
 
    	
Tepe
    	
 
    	
PA
    
	
3700321574
    	
 
    	
Tepe
    	
 
    	
PA
    
	
3700321615
    	
 
    	
Tepe
    	
 
    	
PA
    
	
3700321674
    	
 
    	
Tepe
    	
 
    	
PA
    
	
3700321802
    	
 
    	
Tepe
    	
 
    	
PA
    

 

6

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00288-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00288-of-00352.parquet"}]]