Document:

Supplemental Indenture, dated October 29, 2012

 Exhibit 4.1 
 FIRST SUPPLEMENTAL INDENTURE 
 Dated as of October 29, 2012 

to the 

INDENTURE 
 Dated
as of May 17, 2010 
 between 
 MCE FINANCE LIMITED, as Company 
 and 

THE BANK OF NEW YORK MELLON, as Trustee and Collateral Agent 
 10.25% Senior Notes due 2018 

 THIS FIRST SUPPLEMENTAL INDENTURE (the “Supplemental Indenture”) dated as of
October 29, 2012 between MCE Finance Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands (the “Company”) and The Bank of New York Mellon, as Trustee (the “Trustee”) and
Collateral Agent (the “Collateral Agent”). 
 RECITALS 

A. WHEREAS, the Company and the Trustee have executed and delivered an Indenture dated as of May 17, 2010 (the
“Indenture”) governing the Company’s 10.25% Senior Notes due 2018 (the “Notes”); 
 B. WHEREAS,
Section 9.02 of the Indenture provides that the Company and the Trustee may enter into a supplemental indenture amending provisions of the Indenture and the Notes with the consent of Holders of not less than a majority in aggregate principal
amount of the then outstanding Notes; 
 C. WHEREAS, the Company has been soliciting consents (the “Consent
Solicitation”) to amend certain provisions of the Indenture and to waive all past non-compliance or defaults under the Indenture arising or resulting from any failure by any person to comply with any of the provisions of the Indenture which are
subject to certain of such amendments and any related provisions and definitions upon the terms and subject to the conditions set forth in its Consent Solicitation Statement dated October 22, 2012, as amended and restated on October 26,
2012, and the related Consent Form dated October 22, 2012, as amended and restated on October 26, 2012; 
 D. WHEREAS,
Bondholder Communications Group, LLC, as information and tabulation agent under the Consent Solicitation, has advised the Company that it has received validly executed consents to the amendments and waivers sought in the Consent Solicitation from
Holders representing a majority of the aggregate principal amount outstanding of Notes on or prior to the date hereof and that those consents have not been revoked; and 
 E. WHEREAS, all things necessary for the execution of this Supplemental Indenture and to make this Supplemental Indenture a valid and binding agreement of the Company and the Trustee have been done.

 NOW, THEREFORE, for and in consideration of the foregoing premises, the Company and the Trustee agree as follows for the
benefit of each other and for the equal and ratable benefit of the Holders: 

  
 1 

 ARTICLE I 

 

	Section 1.1	Amendments to Indenture. 

 (a) Clause (8) of the definition of “Asset Sale” in Section 1.01 of the Indenture is hereby deleted in its entirety and replaced with the following: 

(8) a Restricted Payment (including any payments made under, pursuant to or in connection with any services agreements and
any related agreements or arrangements, including reimbursement agreements, with Excluded Projects) that does not violate the provisions of Section 4.07 hereof or a Permitted Investment, and any transactions or arrangements involving
contractual rights under, pursuant to or in connection with any services agreements and related agreements or arrangements, including reimbursement agreements, with Excluded Projects, including any amendments, modifications, supplements, extensions,
replacements, terminations or renewals. 
 (b) The definition of “Permitted Investments” in Section 1.01 of the
Indenture is hereby deleted in its entirety and replaced with the following: 
 “Permitted Investments” means:

 (1) any Investment in the Company or in a Restricted Subsidiary of the Company that is a Subsidiary Guarantor;

 (2) any Investment in Cash Equivalents; 

(3) any Investment by the Company or any Restricted Subsidiary of the Company in a Person, if as a result of such
Investment: 
 (A) such Person becomes a Restricted Subsidiary of the Company and a Guarantor; or 

(B) such Person is merged, consolidated or amalgamated with or into, or transfers or conveys substantially all of its
assets to, or is liquidated into, the Company or a Restricted Subsidiary of the Company that is a Guarantor; 

(4) any Investment made as a result of the receipt of non-cash consideration from an Asset Sale that was made pursuant to
and in compliance with Section 4.10 hereof; 
 (5) any acquisition of assets or Capital Stock solely in
exchange for the issuance of Equity Interests (other than Disqualified Stock) of the Company; 
 (6) any
Investments received in compromise or resolution of (A) obligations of trade creditors or customers that were incurred in the ordinary course of business of the Company or any of its Restricted Subsidiaries, including pursuant to any plan of
reorganization or similar arrangement upon the bankruptcy or insolvency of any trade creditor or customer; or (B) litigation, arbitration or other disputes with Persons who are not Affiliates; 

(7) Investments represented by Hedging Obligations; 

  
 2 

 (8) loans or advances to employees made in the ordinary course of business
of the Company or any Restricted Subsidiary of the Company in an aggregate principal amount not to exceed US$1.0 million at any one time outstanding; 
 (9) repurchases of the Notes; 
 (10) any Investments consisting of
gaming credit extended to customers and junket operators in the ordinary course of business and consistent with applicable law, and any Investments made or deemed to be made in connection with or through any transactions or arrangements involving
contractual rights under, pursuant to or in connection with any services agreements and related agreements or arrangements, including reimbursement agreements, with Excluded Projects, including any amendments, modifications, supplements, extensions,
replacements, terminations or renewals; 
 (11) deposits made by the Company or any of its Restricted
Subsidiaries in the ordinary course of business to comply with statutory or regulatory obligations (including land grants) to maintain deposits for the purposes specified by the applicable statute or regulation (including land grants) from time to
time; 
 (12) any Investment consisting of a Guarantee permitted by Section 4.09 and performance guarantees
that do not constitute Indebtedness entered into by the Company or any of its Restricted Subsidiaries in the ordinary course of business; 
 (13) pledges or deposits (x) with respect to leases or utilities provided to third parties in the ordinary course of business or (y) otherwise described in the definition of “Permitted
Liens”; and 
 (14) other Investments in any Person other than an Affiliate of the Company having an
aggregate Fair Market Value (measured on the date each such Investment was made and without giving effect to subsequent changes in value), when taken together with all other Investments made pursuant to this clause (14) that are at the time
outstanding, not to exceed US$5.0 million. 
 (c) The definition of “Permitted Liens” in Section 1.01 of the
Indenture is hereby deleted in its entirety and replaced with the following: 
 “Permitted Liens” means:

 (1) Liens on assets of the Company or any of its Restricted Subsidiaries securing Indebtedness incurred
pursuant to clause (1) of Section 4.09(b) hereof; 
 (2) Liens created by this Indenture and the Pledge
of Intercompany Note with respect to the Notes and Note Guarantees issued on the date of this Indenture and the Exchange Notes and the related Note Guarantees to be issued pursuant to the Registration Rights Agreement; 

(3) Liens in favor of the Company or the Subsidiary Guarantors; 

(4) Liens on property of a Person existing at the time such Person is merged with or into or consolidated with the Company
or any Subsidiary of the Company; provided that such Liens were in existence prior to the contemplation of such merger or consolidation and do not extend to any assets other than those of the Person merged into or consolidated with the Company or
the Subsidiary; 

  
 3 

 (5) Liens on property (including Capital Stock) existing at the time of
acquisition of the property by the Company or any Subsidiary of the Company; provided that such Liens were in existence prior to, such acquisition, and not incurred in contemplation of, such acquisition; 

(6) Liens to secure the performance of statutory obligations, surety or appeal bonds, performance bonds or other
obligations of a like nature incurred in the ordinary course of business, any netting or set-off arrangement entered into by the Company or any Restricted Subsidiary in the ordinary course of its banking arrangements for the purpose of netting debit
and credit balances of the Company or any Restricted Subsidiary but only so long as: (i) such arrangement does not permit credit balances of the Company or the Restricted Subsidiaries to be netted or set off against debit balances of persons
which are other Persons; and (ii) such arrangement does not give rise to other Liens over the assets of the Company or any Restricted Subsidiary in support of liabilities of persons other than the Company or its Restricted Subsidiaries;

 (7) Liens created in favor of a plaintiff or defendant in any proceedings as security for costs or expenses;

 (8) Liens arising under any retention of title, hire purchase or conditional sale arrangement or arrangements
having similar effect in respect of goods supplied to the Company or its Restricted Subsidiaries in the ordinary course of trading and on the supplier’s standard or usual terms and not arising as a result of any default or omission by the
Company or its Restricted Subsidiaries provided that the aggregate value of all assets subject to any such Liens shall not exceed US$5.0 million; 
 (9) Liens to secure Indebtedness (including Capital Lease Obligations) permitted by Section 4.09(b)(4) covering only the assets acquired with or financed by such Indebtedness; 

(10) Liens existing on the date of this Indenture (other than Liens securing the Senior Credit Agreement); 

(11) Liens for taxes, assessments or governmental charges or claims that are not yet delinquent or that are being
contested in good faith by appropriate proceedings promptly instituted and diligently concluded; provided that any reserve or other appropriate provision as is required in conformity with GAAP has been made therefor; 

(12) Liens over goods, documents of title to goods and related documents and insurances and their proceeds to secure
liabilities of the Company or any of its Restricted Subsidiaries in respect of letters of credit, trust receipts, import loans or shipping guarantees issued or granted for all or part of the purchase price and costs of shipment, insurance and
storage of goods acquired by the Company or any of its Restricted Subsidiaries in the ordinary course of business; 
 (13) Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of custom duties in connection with the importation of goods in the ordinary course of business;

  
 4 

 (14) Liens or deposits in connection with workers’ compensation,
unemployment insurance and other social security legislation of all applicable laws; 
 (15) Liens on assets
deemed to arise in connection with and solely as a result of the execution, delivery or performance of contracts to sell such assets if such sale is otherwise permitted under this Indenture; 

(16) Liens arising, subsisting or imposed by law, including but not limited to carrier’s, warehousemen’s,
landlord’s and mechanics’ Liens, in each case, incurred in the ordinary course of business; 
 (17)
survey exceptions, easements or reservations of, or rights of others for, licenses, rights-of-way, sewers, electric lines, telegraph and telephone lines and other similar purposes, or zoning or other restrictions as to the use of real property that
were not incurred in connection with Indebtedness and that do not in the aggregate materially impair their use in the operation of the business of such Person; 
 (18) Liens created for the benefit of (or to secure) the Notes or the Note Guarantees; 
 (19) Liens to secure any Permitted Refinancing Indebtedness permitted to be incurred under this Indenture; provided, however, that: 

(A) the new Lien shall be limited to all or part of the same property and assets that secured or, under the written
agreements pursuant to which the original Lien arose, could secure the original Lien (plus improvements and accessions to, such property or proceeds or distributions thereof); and 

(B) the Indebtedness secured by the new Lien is not increased to any amount greater than the sum of (x) the
outstanding principal amount, or, if greater, committed amount, of the Permitted Refinancing Indebtedness and (y) an amount necessary to pay any fees and expenses, including premiums, related to such renewal, refunding, refinancing,
replacement, defeasance or discharge; 
 (20) Liens securing Hedging Obligations permitted to be incurred under
Section 4.09(b)(8); 
 (21) Liens arising under customary provisions limiting the disposition or
distribution of assets or property or any related restrictions thereon in operating agreements, joint venture agreements, partnership agreements, contracts for sale and other agreements arising in the ordinary course of business; provided, that such
Liens do not extend to any assets of the Company or any Restricted Subsidiary other than the assets subject to such agreements or contracts; 
 (22) Liens on the Equity Interests of Unrestricted Subsidiaries; 

(23) Liens created or Incurred under, pursuant to or in connection with any services agreements and related agreements or
arrangements, including reimbursement agreements, with Excluded Projects with respect to revenues, receipts, distributions or sale proceeds generated or derived from, or other rights in, Excluded Projects; and 

(24) Liens incurred in the ordinary course of business of the Company or any Subsidiary of the Company with respect to
obligations that do not exceed US$10.0 million at any one time outstanding. 

  
 5 

 (d) Section 4.07(b)(8) of the Indenture is hereby deleted in its entirety and replaced
with the following: 
 (8) (a) any Restricted Payment (including any payments made under, pursuant to or in
connection with any services agreements and any related agreements or arrangements, including reimbursement agreements, with Excluded Projects) made from net revenues and receipts, distributions or sale proceeds generated or derived from Excluded
Projects and (b) any Restricted Payment in an aggregate amount, when taken together with all other Restricted Payments made pursuant to this clause (8)(b), not to exceed US$400.0 million to fund the development of Studio City, which is
currently envisioned to be an approximately 463,000 gross square meter project to be constructed on an approximately 130,789 square meter parcel of land in the reclaimed area between Taipa and Coloane Island (Cotai), Lotes G300, G310 and G400,
registered with the Macau Real Estate Registry under no. 23059 and which is currently envisioned to contain retail, hotel, gaming, entertainment, food and beverage outlets and entertainment studios and other facilities; and 

(e) Section 4.11(b)(6) of the Indenture is hereby deleted in its entirety and replaced with the following: 

(6) Restricted Payments (including any payments made under, pursuant to or in connection with any services agreements and
any related agreements or arrangements, including reimbursement agreements, with Excluded Projects) that do not violate Section 4.07 hereof; 
 (f) Section 4.11(b)(8) of the Indenture is hereby deleted in its entirety and replaced with the following: 
 (8) (a) transactions or arrangements under, pursuant to or in connection with any services agreements in existence as of the date of the Supplemental Indenture and any related agreements or arrangements,
including reimbursement agreements, in each case with Excluded Projects, including any amendments, modifications, supplements, extensions, replacements or renewals (so long as any such agreement or arrangement, together with all such amendments,
modifications, supplements, extensions, replacements and renewals as well as any related services agreements or related agreements or arrangements, including reimbursement agreements, taken as a whole, is not more materially disadvantageous to the
Company and its Restricted Subsidiaries, taken as a whole, than the agreement or arrangement as in effect on the date of the Supplemental Indenture or, as determined in good faith by the Board of Directors of the Company, would not materially and
adversely affect the Company’s ability to make payments of principal of and interest on the Notes); and (b) with respect to compliance with Section 4.11(a)(2)(B) (other than with respect to transactions or arrangements subject to
clause (a)), (i) transactions with customers, clients, suppliers or sellers of goods or services in the ordinary course of business and otherwise in compliance with the terms of the Indenture, on terms that are fair to the Company or any of its
Restricted Subsidiaries, as applicable, or are no less favorable than those that might reasonably have been obtained in a comparable transaction at such time on an arms-length basis from a Person that is not an Affiliate of the Company and
(ii) transactions or arrangements pursuant to any other agreement or arrangement existing on the date of the Supplemental Indenture, including any amendments, modifications, supplements, extensions, replacements or renewals (so long as any such
agreement or arrangement together with all such amendments, modifications, supplements, extensions, replacements and renewals, taken as a whole, is not materially more disadvantageous to the Company and its Restricted Subsidiaries, taken as a whole,
than the original agreement or arrangement as in effect on the date of the Supplemental Indenture, unless any such amendments, modifications, supplements, extensions, replacements or renewals are imposed by any Gaming Authority or any other public
authority having jurisdiction over the Company or any of its Restricted Subsidiaries, including, but not limited to, the government of the Macau SAR); and 

  
 6 

	Section 1.2	Waiver. 

 All past
non-compliance or defaults under the Indenture arising or resulting from any failure by any person to comply with any of the provisions of the Indenture which are subject to the amendments set forth in Article I hereof (other than with respect to
the clause 4.07(b)(8)(b) as amended pursuant to Section 1.1(d) above of this Supplemental Indenture) and any related provisions and definitions are hereby waived, and all such non-compliance and defaults under the Indenture shall cease to exist
and any Event of Default arising therefrom will be deemed to have been cured for all purposes of the Indenture. 
 ARTICLE II

 MISCELLANEOUS 
  

	Section 2.1	Definitions. 

Capitalized terms used but not defined in this Supplemental Indenture shall have the meanings ascribed thereto in the Indenture.

  

	Section 2.2	Confirmation of Indenture. 

 Except as amended hereby, the Indenture and the Notes are in all respects ratified and confirmed, and all the terms shall remain in full force and effect. This Supplemental Indenture shall form a part of
the Indenture for all purposes, and every Holder of Notes heretofore or hereafter authenticated and delivered under the Indenture shall be bound hereby, and all terms and conditions of both shall be read together as though they constitute a single
instrument, except that in the case of conflict, the provisions of this Supplemental Indenture shall control. 

  
 7 

	Section 2.3	Acceptance. 

 In
carrying out the Trustee’s and/or the Collateral Agent’s responsibilities hereunder, the Trustee and the Collateral Agent shall have all of the rights, protections, indemnities and immunities which it possesses under the Indenture. The
Trustee assumes no responsibility for the correctness or completeness of the recitals contained herein. The Trustee makes no representations as to and shall not be liable for the validity or sufficiency of this Supplemental Indenture. 

 

	Section 2.4	Governing Law. 

THE LAWS OF THE STATE OF NEW YORK WILL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE AND THE NOTES WITHOUT GIVING EFFECT TO
APPLICABLE PRINCIPLES OF CONFLICT OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 
  

	Section 2.5	Effectiveness. 

The provisions of this Supplemental Indenture shall be effective immediately upon execution and delivery of this instrument by the parties
hereto. Notwithstanding the foregoing sentence, the provisions of Article I of this Supplemental Indenture shall only become operative at the time when the Company pays the Holders who in aggregate hold not less than a majority of the outstanding
principal amount of the Notes and who validly delivered the consents to the amendments to the Indenture all consent payments due to such Holders by the Company, in each case pursuant to and in accordance with the terms and conditions of the Consent
Solicitation. 
  

	Section 2.6	Counterpart Originals. 

 This Supplemental Indenture may be executed in any number of counterparts, each of which shall be deemed to be an original, but all of them together shall represent the same agreement. 

 

	Section 2.7	Severability. 

 In
case any one or more of the provisions in this Supplemental Indenture shall be held invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

  

	Section 2.8	Effect of Headings. 

The Section headings herein have been inserted for convenience of reference only, are not to be considered a part of this Supplemental
Indenture and will in no way modify or restrict any of the terms or provisions hereof. 

  
 8 

	Section 2.9	Successors and Assigns. 

 All agreements in this Supplemental Indenture by the Company shall bind their respective successors and assigns. All agreements in this Supplemental Indenture by the Trustee shall bind its successor and
assigns. 
  

	Section 2.10.	Notices. 

 All
notices, instructions, directions, requests and demands delivered in connection herewith shall be made according to Section 12.02 of the Indenture. 
  

	Section 2.11.	Conflicts with the Trust Indenture Act. 

 If any provision of this Supplemental Indenture limits, qualifies or conflicts with any provision of the Trust Indenture Act of 1939, as amended (the “TIA”) that is required under the TIA to be
part of and govern any provision of this Supplemental Indenture or Indenture, the provision of the TIA shall control. If any provision of this Supplemental Indenture modifies or excludes any provision of the TIA that may be so modified or excluded,
the provision of the TIA shall be deemed to apply to the Indenture as so modified or to be excluded by this Supplemental Indenture, as the case may be. 

  
 9 

 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed as of the day and year first above written. 
  

			
	THE COMPANY:
	
	MCE FINANCE LIMITED
		
	By:	 	  

		 	Name:
		 	Title:
	
	THE TRUSTEE:
	
	THE BANK OF NEW YORK MELLON
		
	By:	 	  

		 	Name:
		 	Title:EX-10.1

 EXHIBIT 10.1 
 EXECUTION VERSION 
  

 
 NORTHEAST
OHIO NATURAL GAS CORP. 
 ORWELL NATURAL
GAS COMPANY 
 BRAINARD GAS CORP. 

AND 

EACH OTHER OBLIGOR PARTY HERETO 

OMNIBUS THIRD AMENDMENT, SUPPLEMENT AND JOINDER
TO NOTE PURCHASE AGREEMENT AND 

COLLATERAL DOCUMENTS 
 Dated as of October 24, 2012 
 Re: 

Note Purchase Agreement dated as of November 1, 2010, as heretofore amended 

Senior Secured Guaranteed Notes due June 1, 2017 
 and 
 Collateral Documents 

 
  

 

 TABLE OF CONTENTS 

(Not a part of this Omnibus Third Amendment, Supplement and Joinder to Note Purchase 

Agreement and Collateral Documents) 
  

									
	SECTION	  	HEADING	  	PAGE	 
			
	SECTION 1.	  	SUPPLEMENT TO CURRENT NOTE PURCHASE AGREEMENT	  	 	3	  
				
	 Section 1.1.
	  		  	Description of Notes	  	 	3	  
	 Section 1.2.
	  		  	Interest Rate	  	 	3	  
	 Section 1.3.
	  		  	Sale and Purchase of Series 2012 Notes	  	 	4	  
	 Section 1.4.
	  		  	Closing of Series 2012 Notes	  	 	4	  
	 Section 1.5.
	  		  	Representation of the Purchaser	  	 	4	  
	 Section 1.6.
	  		  	Conditions to 2012 Closing	  	 	5	  
			
	SECTION 2.	  	AMENDMENTS TO CURRENT NOTE PURCHASE AGREEMENT	  	 	5	  
			
	SECTION 3.	  	AMENDMENTS TO CURRENT COLLATERAL DOCUMENTS	  	 	12	  
			
	SECTION 4.	  	JOINDER	  	 	14	  
			
	SECTION 5.	  	CONDITIONS PRECEDENT	  	 	14	  
			
	SECTION 6.	  	REPRESENTATIONS AND WARRANTIES	  	 	16	  
			
	SECTION 7.	  	MISCELLANEOUS	  	 	17	  
				
	 Section 7.1.
	  		  	Ratification of Financing Agreements	  	 	17	  
	 Section 7.2.
	  		  	References to the Financing Agreements	  	 	17	  
	 Section 7.3.
	  		  	Fees and Expenses of Counsel	  	 	17	  
	 Section 7.4.
	  		  	Governing Law	  	 	18	  
	 Section 7.5.
	  		  	Survival	  	 	18	  
	 Section 7.6.
	  		  	Successors and Assigns	  	 	18	  
	 Section 7.7.
	  		  	Counterparts	  	 	18	  
	 Section 7.8.
	  		  	Severability	  	 	18	  
	 Section 7.9.
	  		  	No Novation	  	 	18	  
	 Section 7.10.
	  		  	Further Assurances	  	 	18	  

  

					
	Schedule A     —	  	Information Relating to Purchaser
		
	Schedule B     —	  	Supplemental Representations
			
		  	Schedule 5.3      —	  	Disclosure Materials

					
			
		  	Schedule 5.4      —	  	Subsidiaries of the Parent, Affiliates, Officers and Directors
			
		  	Schedule 5.14    —	  	Use of Proceeds
			
		  	Schedule 5.15    —	  	Existing Indebtedness
			
		  	Schedule 9.9      —	  	Real Property owned by New Guarantors
		
	Exhibit 1    —	  	Form of Senior Secured Guaranteed Note, Series 2012, due June 1, 2017

 NORTHEAST OHIO NATURAL GAS
CORP. 
 ORWELL NATURAL GAS COMPANY 

BRAINARD GAS CORP. 
 AND 
 EACH OTHER OBLIGOR
PARTY HERETO 
 8500 STATION STREET, SUITE 100

 MENTOR, OHIO 44060 
 OMNIBUS THIRD AMENDMENT, SUPPLEMENT AND JOINDER TO NOTE PURCHASE
AGREEMENT 
 AND COLLATERAL DOCUMENTS 

Dated as of October 24, 2012 
 Re: Note Purchase Agreement dated as of November 1, 2010, as heretofore amended 

Senior Secured Guaranteed Notes due June 1, 2017 
 and 
 Collateral Documents 
 To Sun Life Assurance Company of Canada 
 Ladies and Gentlemen: 

This Omnibus Third Amendment, Supplement and Joinder to Note Purchase Agreement and Collateral Documents (this
“Amendment”) is made as of October 24, 2012, by and among Northeast Ohio Natural Gas Corp., an Ohio corporation (“NEO”), Orwell Natural Gas Company, an Ohio corporation (“Orwell”), Brainard Gas
Corp., an Ohio corporation (“Brainard”; Brainard, NEO and Orwell are referred to herein, collectively, as the “Issuers” and, individually, as an “Issuer”), Great Plains Natural Gas Company, an Ohio
corporation (“Great Plains”), Lightning Pipeline Company, Inc., an Ohio corporation (“Lightning”), Spelman Pipeline Holdings, LLC, an Ohio limited liability company (“Spelman”), Kidron Pipeline,
LLC, an Ohio limited liability company (“Kidron”), Gas Natural Service Company, LLC, an Ohio limited liability company (“Service Company”), Gas Natural Inc., an Ohio corporation (the “Parent”; the
Parent, Great Plains, Lightning, Spelman, Kidron and Service Company are referred to herein, collectively, as the “Existing Guarantors” and, individually, as an “Existing Guarantor”), Independence Oil, L.L.C., a
North Carolina limited liability company (“Independence”), Independence Oil Real Estate 1, L.L.C., a North Carolina limited liability company (“Independence RE 1”), Independence Oil Real Estate 2, L.L.C., a North
Carolina limited liability company (“Independence RE 2”), Independence Oil Real Estate 3, L.L.C., a North Carolina limited liability company (“Independence RE 3”; Independence RE 3, Independence RE 2, Independence
RE 1 and Independence are referred to herein, collectively, as the “New Guarantors” and, individually, as a “New Guarantor”; and the New Guarantors and the Existing Guarantors are referred to herein, collectively,
as the “2011 Notes Guarantors” and, individually, as a “2011 Notes Guarantor”; and all of the 2011 Notes Guarantors, other than Spelman, are referred to herein, collectively, as the “2012 Notes
Guarantors” and, individually, as a “2012 Notes Guarantor”), and Sun Life Assurance Company of Canada (the “Purchaser”). 

  
 1 

			
	Northeast Ohio Natural Gas Corp., et. al.	 	Omnibus Third Amendment, Supplement and
		 	Joinder to Note Purchase Agreement
		 	and Collateral Documents

  

 RECITALS 

A. Reference is made to that certain Note Purchase Agreement dated as of November 1, 2010, by and among the Issuers, Great Plains,
Lightning, the Parent and the Purchaser, as amended by that certain First Amendment and Joinder to Note Purchase Agreement dated as of May 3, 2011, as further amended by that certain Second Amendment and Waiver to Note Purchase Agreement dated
as of April 9, 2012, by and among the Issuers, the Existing Guarantors and the Purchaser (as so amended, the “Current Note Purchase Agreement”), pursuant to which, among other things, (i) the Issuers sold to the Purchaser
their 5.38% Senior Secured Guaranteed Notes due June 1, 2017 in the original aggregate principal amount of $15,334,000 (the “Series 2011 Notes”) and (ii) each of the Existing Guarantors agreed to jointly and severally
guarantee the Guaranteed Obligations (as defined therein). Capitalized terms used in this Amendment without definition shall have the meanings given such terms in the Current Note Purchase Agreement, as amended by this Amendment (as so amended, and
as from time to time further amended, restated, supplemented or otherwise modified, the “Note Purchase Agreement”). 
 B. In order to induce the Purchaser to enter into the Current Note Purchase Agreement and the other Financing Agreements and to induce the Purchaser to purchase the Series 2011 Notes, each Issuer and each
Existing Guarantor agreed to grant a continuing Lien on its Collateral to secure the Obligations owing to the Purchaser under the Current Note Purchase Agreement, the Series 2011 Notes and the other Financing Agreements and, in connection therewith,
each Issuer and each Existing Guarantor, as applicable, executed and delivered to the Purchaser (i) that certain Security Agreement, dated as of May 3, 2011 (the “Current Security Agreement”), (ii) that certain Pledge
Agreement, dated as of May 3, 2011 (the “Current Pledge Agreement”), (iii) those certain Mortgages, each dated May 3, 2011 (collectively, the “Current Mortgages”), and (iv) certain other
Collateral Documents, each dated on or about May 3, 2011 (such Collateral Documents together with the Current Security Agreement, the Current Pledge Agreement and the Current Mortgages, the “Current Collateral Documents”; and,
the Current Collateral Documents, as hereby amended by this Amendment, and as from time to time further amended, restated, supplemented or otherwise modified, the “Collateral Documents”). 

C. The Issuers desire to issue and sell to the Purchaser an additional $2,989,552 aggregate principal amount of their Senior Secured
Guaranteed Notes due June 1, 2017 (the “Series 2012 Notes”) pursuant to an amendment and supplement to the Current Note Purchase Agreement, and the Issuers and Existing Guarantors desire to amend the Current Note Purchase
Agreement and the Current Collateral Documents to permit the issuance of the Series 2012 Notes and ensure the Series 2012 Notes are secured on a pari passu basis with the Series 2011 Notes and are otherwise subject to the same terms and
conditions as the Series 2011 Notes. 

  
 2 

			
	Northeast Ohio Natural Gas Corp., et. al.	 	Omnibus Third Amendment, Supplement and
		 	Joinder to Note Purchase Agreement
		 	and Collateral Documents

  

 D. The Purchaser has agreed to purchase the Series 2012 Notes pursuant to an amendment
and supplement to the Current Note Purchase Agreement and to amend the Current Note Purchase Agreement and the Current Collateral Documents, all on the terms and conditions set forth herein. 

E. Since the date of the Current Note Purchase Agreement the New Guarantors have become Subsidiaries of the Parent and, pursuant to the
terms of Section 9.8 of the Current Note Purchase Agreement, are required to accede to the Current Note Purchase Agreement and the Current Collateral Documents. This Amendment provides for the New Guarantors’ accession to each of the
Current Note Purchase Agreement and the Current Collateral Documents and their assumption of the obligations thereunder. 

AGREEMENTS 
 In consideration of the recitals and the mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto
hereby agree that the Current Note Purchase Agreement (including all Schedules and Exhibits thereto) and the Current Collateral Documents shall be amended as of the date hereof as follows: 
 SECTION 1. SUPPLEMENT TO CURRENT NOTE PURCHASE AGREEMENT 

Section 1.1. Description of Series 2012 Notes. The Issuers have authorized the issue and sale of $2,989,552 aggregate
principal amount of their Senior Secured Guaranteed Notes, Series 2012, due June 1, 2017 (the “Series 2012 Notes”). The Series 2012 Notes shall be substantially in the form set out in Exhibit 1 hereto with
such changes therefrom, if any, as may be approved by the Purchaser and the Issuers. 
 Section 1.2. Interest Rate.
(a) The Series 2012 Notes shall bear interest (compounded semiannually and computed on the basis of a 360-day year of twelve 30-day months) on the unpaid principal thereof from the date of issuance at a rate equal to the 2012 Applicable
Rate, payable as set forth in Exhibit 1, until such principal sum shall have become due and payable (whether at maturity, upon acceleration or otherwise), and thereafter, on any overdue payment of principal and Make-Whole Amount and, to the extent
permitted by law, on any overdue interest and, during the continuance of an Event of Default, on such unpaid balance and on any overdue payment of any Make-Whole Amount, at a rate per annum from time to time equal to the Default Rate. 

(b) The 2012 Applicable Rate for the Series 2012 Notes shall be determined by the Purchaser, and notice thereof shall be given to
the Issuers, at least one Business Day immediately preceding the date of the 2012 Closing (hereinafter defined), together with a copy of the relevant screen used for the determination of the 2012 Applicable Rate and a calculation of the 2012
Applicable Rate, and any such determination made in accordance with the provisions of this 

  
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Amendment, shall be presumptively correct absent manifest error. As used herein the term “2012 Applicable Rate” means the rate per annum (rounded upwards, if necessary, to the
next higher one hundred-thousandth of a percentage point) equal to 3.50% over the yield to maturity of the U.S. Treasury security with a maturity of June 1, 2017, which yield to maturity of the June 1, 2017 US Treasury security shall be
determined using the ICUR function on the appropriate Bloomberg Financial Markets screen to interpolate between the appropriate on-the-run US Treasury securities, as at 11:00 a.m. (New York City time) at least one Business Day preceding the
date of the 2012 Closing. 
 Section 1.3. Sale and Purchase of Series 2012 Notes. Subject to the terms and
conditions hereof and as set forth in the Note Purchase Agreement and on the basis of the representations and warranties hereinafter set forth, the Issuers agree to issue and sell to the Purchaser, and the Purchaser agrees to purchase from the
Issuers, the 2012 Notes in the principal amount set forth opposite the Purchaser’s name on Schedule A hereto at a price of 100% of the principal amount thereof on the closing date hereafter mentioned. 

Section 1.4. Closing of Series 2012 Notes. The sale and purchase of the Series 2012 Notes to be purchased by the
Purchaser shall occur at the offices of Chapman and Cutler LLP, 111 West Monroe Street, Chicago, Illinois 60603 at 10:00 a.m. Chicago time, at a closing (the “2012 Closing”) on October 24, 2012 or on such other Business
Day thereafter on or prior to October 24, 2012 as may be agreed upon by the Issuers and the Purchaser. At the 2012 Closing, the Issuers will deliver to the Purchaser the Series 2012 Notes to be purchased by the Purchaser in the form of a
single Series 2012 Note (or such greater number of Series 2012 Notes in denominations of at least $100,000 as such Purchaser may request) dated the date of the 2012 Closing and registered in the Purchaser’s name (or in the name of the
Purchaser’s nominee), against delivery by the Purchaser to the Issuers or their order of immediately available funds in the amount of the purchase price therefor by wire transfer of immediately available funds for the account of the Issuers as
designated by the Issuers in, and otherwise in accordance with, the Funding Instruction Letter delivered to the Purchaser at least three Business Days prior to the date of the 2012 Closing pursuant to Section 4.9 of the Note Purchase Agreement
(such condition being applicable to the Series 2012 Notes as specified in Section 5(l) hereof). If, at the 2012 Closing, the Issuers shall fail to tender such Series 2012 Notes to the Purchaser as provided above in this Section 1.4,
or any of the conditions specified in Section 1.6 or Section 5 shall not have been fulfilled to the Purchaser’s satisfaction, the Purchaser shall, at its election, be relieved of all further obligations under this Amendment, without
thereby waiving any rights the Purchaser may have by reason of such failure or such nonfulfillment. 
 Section 1.5.
Representations of the Purchaser. The Purchaser represents and warrants that the representations and warranties set forth in Section 6 of the Note Purchase Agreement are true and correct on the date hereof with respect to the purchase of
the Series 2012 Notes by the Purchaser. 

  
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 Section 1.6. Conditions to 2012 Closing. The obligation of the Purchaser to
purchase and pay for the Series 2012 Notes to be sold to the Purchaser at the 2012 Closing is subject to the fulfillment to the Purchaser’s satisfaction, prior to the 2012 Closing, of the conditions set forth in Section 5 of this
Amendment. 
 SECTION 2. AMENDMENTS TO CURRENT NOTE
PURCHASE AGREEMENT 
 Section 2.1. Series 2012 Notes. Pursuant to this Amendment, and
subject to the terms and conditions herein for the issuance and purchase thereof, there shall be created the new Series 2012 Notes under the Note Purchase Agreement that will be in addition to the existing Series 2011 Notes issued pursuant to and
outstanding under the Note Purchase Agreement. The Series 2012 Notes will be entitled to all the benefits and agreements of the Note Purchase Agreement and the other Financing Agreements and shall rank pari passu and be treated equally and
ratably in all respects with the Series 2011 Notes. All references to “Notes” appearing in the Note Purchase Agreement and the other Financing Agreements (other than Sections 1 through 3, inclusive, of the Note Purchase Agreement and the
Series 2011 Notes) shall be deemed to include the Series 2012 Notes. 
 Section 2.2. Information as to Company.
Section 7.1 of the Current Note Purchase Agreement is hereby amended by adding the following subsections (i) and (j), respectively, to the end thereof: 
 (i) Environmental Quarterly Reports — within 30 days after the end of each quarterly calendar period of the Parent, duplicate copies of a consolidated report of the current and potential
environmental problems and liabilities relating to the real property (and all fixtures thereon) with a common address of 407 Lumber Lane, Independence, Virginia (the “Lumber Lane Site”) and the real property with a common address of
167 Smethport Drive, West Jefferson, North Carolina (the “Smethport Site”), which report shall include for each of the Lumber Lane Site and the Smethport Site: (x) a summary of all investigative, monitoring, removal,
containment, remedial and other similar actions in respect of any environmental issues or Hazardous Materials (such actions being referred to herein, collectively, as the “Remedial Actions”) undertaken during the course of such
quarterly calendar period, (xi) the name(s) and contact information of the companies and/or individual(s) responsible for the applicable Remedial Actions for such quarterly period, (xii) a summary of the cost(s) of each applicable Remedial
Action for such quarterly period, (xii) attachment of all reports, summaries, assessments and sampling data associated with the Remedial Actions for such quarterly period, (ix) attachment of all invoices, statements, payment

  
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instructions, cancelled checks and other similar remittance items associated with the Remedial Actions for such quarterly period, and (x) an estimate of costs for the likely or scheduled
Remedial Actions for the immediately following quarterly period. 
 (j) Environmental Notices — promptly and in any
event within 30 days of receipt thereof, copies of any notice to any Obligor or Subsidiary in respect of the Lumber Lane Site or the Smethport Site, from (i) any Governmental Authority relating to any Environmental Laws in respect of any
Hazardous Material or Remedial Actions associated with the Lumber Lane Site or the Smethport Site, or (ii) any environmental engineer, hydrogeologist, or other environmental consultant relating to Environmental Laws, Remedial Actions, site
assessment reports, site sampling results, or other similar reports or results in respect of any Hazardous Material associated with the Lumber Lane Site or the Smethport Site. Additionally, the Parent shall promptly notify the Purchaser in writing
should any Obligor or any Subsidiary become aware of (x) the presence of any additional Hazardous Material or other potential environmental problem or liability with respect to the Lumber Lane Site or the Smethport Site, (xi) the
institution of any investigation, inquiry or proceeding concerning the Lumber Lane Site or the Smethport Site pursuant to any Environmental Law or otherwise relating to a Hazardous Material or (xii) the discovery of any occurrence, condition or
state of facts which would render any representation or warranty contained in any Financing Agreement incorrect in any material respect if made at the time of such discovery. 
 Section 2.3 Additional Obligors. Section 9.8 of the Current Note Purchase Agreement is hereby amended by amending and restating the last sentence thereof in its entirety to read as
follows: 
 Notwithstanding the requirement to promptly comply with this Section 9.8, solely with respect to Independence
Oil, L.L.C., a North Carolina limited liability company (the “New Subsidiary”), the Obligors shall be deemed to have timely complied with this Section 9.8 if, on or prior to the date of the Omnibus Amendment, the New Subsidiary
either (i) accedes to this Agreement and the Collateral Documents in accordance with the first sentence of this Section 9.8 or (ii) provide evidence detailing such Subsidiary’s inability to accede to this Agreement and the
Collateral Documents in accordance with the second and third sentences of this Section 9.8. 

  
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 Section 2.4 Additional Real Property; Leased Locations. Section 9.9 of
the Current Note Purchase Agreement is hereby amended by adding the following subsection (c) to the end thereof: 
 (c)
Notwithstanding the provisions of this Section 9.9, it is agreed that the Obligors shall not be required to provide the holders a Mortgage or otherwise grant a Lien on the Real Property listed on Schedule 9.9, provided, however, if
there are any improvements to such Real Property after the date of the Omnibus Amendment, the Obligors hereby covenant and agree to provide notice of such improvements to the holders not later than five Business Days after such improvements and, if
requested by the Required Holders, provide to the holders a Mortgage and all other Collateral Documents reasonably requested by the Required Holders granting the holders a Lien on any such Real Property, together with environmental audits, mortgage
title insurance commitment, real property surveys (unless waived by the Required Holders), local counsel opinion(s) and, if reasonably required by the Required Holders, supplemental casualty insurance and flood insurance, and such other documents,
instruments or agreements reasonably requested by the Required Holders, in each case, in form and substance reasonably satisfactory to the Required Holders. 
 Section 2.5. Mergers and Consolidations; Acquisitions. Section 10.9 of the Current Note Purchase Agreement is hereby amended by amending and restating clause (a)(ii) thereof in its
entirety to read as follows: 
 (ii) any Obligor may merge with or consolidate into any other Obligor so long as
(A) in any merger or consolidation involving the Parent, the Parent shall be the surviving or continuing corporation, (B) in any merger or consolidation which involves Spelman and another Obligor, such other Obligor shall be the surviving
or continuing corporation and (C) in any merger or consolidation which involves an Issuer and an Obligor other than an Issuer, if the Issuer is not the surviving or continuing corporation, then (1) the surviving or continuing corporation
shall have executed and delivered to each holder of any Notes its assumption of the due and punctual performance and observance 

  
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of each obligation, covenant and condition of this Agreement, the Notes to which such Issuer is a party and the other Financing Agreements to which such Issuer is a party (and such surviving or
continuing corporation shall thereafter be referred to as an “Issuer” under the Financing Agreements for all purposes), (2) the surviving or continuing corporation shall have caused to be delivered to each holder of any Notes an
opinion of nationally recognized independent counsel, or other independent counsel reasonably satisfactory to the Required Holders, to the effect that all agreements or instruments effecting such assumption are enforceable in accordance with their
terms and (3) each of the Guarantors at such time shall have confirmed and ratified in writing the Guarantee Agreement. 

Section 2.6. Transfer and Exchange of Notes. Section 13.2 of the Current Note Purchase Agreement is hereby amended by
(a) replacing the reference to the phrase “one or more new Notes” appearing in the first sentence thereof with the phrase “one or more new Notes of the same Series” and (b) replacing the reference to the phrase
“Exhibit 1” appearing in the second sentence thereof with the phrase “Exhibit 1 to the First Amendment or Exhibit 1 to the Omnibus Amendment, as the case may be”. 

Section 2.7. Replacement of Notes. Section 13.3 of the Current Note Purchase Agreement is hereby amended by replacing
the reference to the phrase “a new Note” appearing therein with the phrase “a new Note of the same Series”. 

Section 2.8. Guarantee. Section 22.1 of the Current Note Purchase Agreement is hereby amended by amending and restating
clause (a) thereof in its entirety to read as follows: 
 (a) Guaranteed Obligations. 

(i) Each 2011 Notes Guarantor, jointly and severally, hereby irrevocably, absolutely and unconditionally guarantees to the
holders from time to time of the Series 2011 Notes: (A) the full and prompt payment on demand of the principal of all of the Series 2011 Notes and of the interest thereon at the rate therein stipulated (including, without limitation, to the
extent legally enforceable, interest on any overdue principal, Make-Whole Amount, if any, and interest at the rates specified in the Series 2011 Notes and interest accruing or becoming owing both prior to and subsequent to the commencement of any
bankruptcy, reorganization or similar proceeding involving a 2011 Notes Obligor) and the Make-Whole Amount, if any, and all other amounts owing to the holders from time to time under the Series 2011 Notes and the Financing

  
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Agreements when and as the same shall become due and payable, whether by lapse of time, upon redemption or prepayment, by extension or by acceleration or declaration, or otherwise, (B) the
full and prompt performance and observance by the 2011 Notes Obligors of each and all of the covenants and agreements required to be performed or observed by such Persons under the terms of the Financing Agreements, and (C) payment, upon demand
by any holder of the Series 2011 Notes, of all costs and expenses, legal or otherwise (including reasonable attorneys fees) and such expenses, if any, as shall have been expended or incurred in the protection or enforcement of any right or privilege
under the Financing Agreements or this Guarantee Agreement or in any consultation or action in connection therewith, and in each and every case irrespective of the validity, regularity, or enforcement of any of the Financing Agreements or any of the
terms thereof or of any other like circumstance or circumstances (all of the obligations described in the foregoing clause (A), clause (B) and clause (C) being referred to herein as the “2011 Notes Guaranteed
Obligations”). 
 (ii) Each 2012 Notes Guarantor, jointly and severally, hereby irrevocably, absolutely
and unconditionally guarantees to the holders from time to time of the Series 2012 Notes: (A) the full and prompt payment on demand of the principal of all of the Series 2012 Notes and of the interest thereon at the rate therein stipulated
(including, without limitation, to the extent legally enforceable, interest on any overdue principal, Make-Whole Amount, if any, and interest at the rates specified in the Series 2012 Notes and interest accruing or becoming owing both prior to and
subsequent to the commencement of any bankruptcy, reorganization or similar proceeding involving a 2012 Notes Obligor) and the Make-Whole Amount, if any, and all other amounts owing to the holders from time to time under the Series 2012 Notes and
the Financing Agreements when and as the same shall become due and payable, whether by lapse of time, upon redemption or prepayment, by extension or by acceleration or declaration, or otherwise, (B) the full and prompt performance and
observance by the 2012 Notes Obligors of each and all of the covenants and agreements required to be performed or observed by such Persons under the terms of the Financing Agreements, and (C) payment, upon demand by any holder of the Series
2012 Notes, of all costs and expenses, legal or otherwise (including reasonable attorneys fees) and such expenses, if any, as shall have been expended or incurred in the protection or enforcement of any right or privilege under the Financing

  
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Agreements or this Guarantee Agreement or in any consultation or action in connection therewith, and in each and every case irrespective of the validity, regularity, or enforcement of any of the
Financing Agreements or any of the terms thereof or of any other like circumstance or circumstances (all of the obligations described in the foregoing clause (A), clause (B) and clause (C) being referred to herein as the “2012
Notes Guaranteed Obligations”; and the 2012 Notes Guaranteed Obligations together with the 2011 Notes Guaranteed Obligations, as applicable, the “Guaranteed Obligations”). 

(iii) The guaranty of the Guaranteed Obligations herein provided for is a guaranty of the immediate and timely payment of
the principal, interest and Make-Whole Amount, if any, on the Notes as and when the same are due and payable and shall not be deemed to be a guaranty only of the collectability of such payments and that in consequence thereof each holder of the
Notes may sue any Guarantor directly upon such Guaranteed Obligations. Each Guarantor agrees as a primary obligation to indemnify each Noteholder from time to time on demand from and against any loss incurred by it as a result of any Financing
Agreement being or becoming void, voidable or unenforceable for any reason whatsoever, whether or not known to such Noteholder, the amount of such loss being the amount which such Noteholder would otherwise have been entitled to recover from the
Guarantor. 
 Section 2.9. Amendment to Defined Terms. The definitions of “Agreement”,
“Guarantors”, “Issuers”, “Notes” and “Obligors” set forth in the Current Note Purchase Agreement are hereby amended and restated in their entirety to read as follows: 

“Agreement” means this Note Purchase Agreement dated as of November 1, 2010, as amended by the First
Amendment and the Second Amendment, and as further amended and supplemented by the Omnibus Amendment, and as may be further amended, restated, supplemented or otherwise modified from time to time. 

“Guarantors” means the 2011 Notes Guarantors and the 2012 Notes Guarantors, as applicable, and
“Guarantor” means, individually, any one of them; provided that, for the avoidance of doubt, Spelman’s obligations as a “Guarantor” under this Agreement and each other Financing Agreement shall not include an
Obligation to guarantee the payment or performance of the Series 2012 Notes. 

  
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 “Notes” means, collectively, the Series 2011 Notes and
the Series 2012 Notes (such term shall also include any such notes issued in substitution therefor pursuant to Section 13 of this Agreement). 
 “Obligors” means the 2011 Notes Obligors and the 2012 Notes Obligors, as applicable, and “Obligor” means, individually, any one of them; provided that, for the
avoidance of doubt, Spelman’s obligations as an “Obligor” under this Agreement and each other Financing Agreement shall not include an Obligation to guarantee or secure the payment and performance of the Series 2012 Notes. 

Section 2.10. Amendment to Defined Terms. Schedule B to the Current Note Purchase Agreement is hereby amended by adding the
following new definitions thereto in proper alphabetical order: 
 “2011 Notes Guarantors”
means, collectively, the Parent, Great Plains, Lightning, Kidron, Spelman, Service Company, Independence, Independence RE 1, Independence RE 2, Independence RE 3 and any other Person becoming a Guarantor pursuant to Section 9.8 and
“2011 Notes Guarantor” means, individually, any one of them. 
 “2011 Notes
Obligors” means, collectively, the Issuers and the 2011 Notes Guarantors and, individually, any one of them. 
 “2012 Notes Guarantors” means, collectively, each of the 2011 Notes Guarantors (other than Spelman) and “2012 Notes Guarantor” means, individually, any one of them.

 “2012 Notes Obligors” means, collectively, the Issuers and the 2012 Notes Guarantors and,
individually, any one of them. 
 “Independence” means Independence Oil, L.L.C., a North
Carolina limited liability company. 
 “Independence RE 1” means Independence Oil Real Estate 1,
L.L.C., a North Carolina limited liability company. 
 “Independence RE 2” means Independence
Oil Real Estate 2, L.L.C., a North Carolina limited liability company. 

  
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 “Independence RE 3” means Independence Oil Real Estate
3, L.L.C., a North Carolina limited liability company. 
 “Omnibus Amendment” means the Omnibus
Third Amendment, Supplement and Joinder to Note Purchase Agreement and Collateral Documents dated as of October 24, 2012 by and among the Issuers, the Guarantors and the Purchaser. 

“Second Amendment” means the Second Amendment and Waiver to Note Purchase Agreement dated as of
April 9, 2012 by and among the Issuers, the Existing Guarantors and the Purchasers. 

“Series” means any or all of the Series 2011 Notes or the Series 2012 Notes as the context may require.

 “Series 2011 Notes” means the 5.38% Senior Secured Guaranteed Notes due June 1, 2017 of
the 2011 Issuers in the original aggregate principal amount of $15,334,000, as may be amended, restated or otherwise modified from time to time. 
 “Series 2012 Notes” means the 4.15% Senior Secured Guaranteed Notes, Series 2012, due June 1, 2017 of the 2012 Issuers in the original aggregate principal amount of $2,989,552, as
may be amended, restated or otherwise modified from time to time. 
 SECTION 3. AMENDMENTS TO
CURRENT COLLATERAL DOCUMENTS. 
 Section 3.1. Security Agreement.
(a) The definition of “Fixed Rate Notes” set forth in the Current Security Agreement is hereby amended and restated in its entirety to read as follows: 

“Fixed Rate Notes” means (i) the 5.38% Senior Secured Guaranteed Notes due June 1, 2017 of the
Fixed Rate Issuers in the original aggregate principal amount of $15,334,000 and (ii) the 4.15% Senior Secured Guaranteed Notes, Series 2012, due June 1, 2017 of the Fixed Rate Issuers in the original aggregate principal amount of
$2,989,552 (the “Series 2012 Fixed Rate Notes”), in each case, as may be amended, restated or otherwise modified from time to time. 

  
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 (b) The Current Security Agreement is hereby further amended by amending and restating
the last sentence of the defined term “Secured Obligations” appearing in Section 1(viii) thereof to read in its entirety as follows: 
 For the avoidance of doubt, the Fixed Rate Issuers’ Collateral shall at no time secure the Floating Rate Obligations and Spelman’s Collateral shall at no time secure the Floating Rate
Obligations or the payment and performance of the Series 2012 Fixed Rate Notes. 
 Section 3.2. Pledge Agreement.
(a) The definition of “Fixed Rate Notes” set forth in the Current Pledge Agreement is hereby amended and restated in its entirety to read as follows: 

“Fixed Rate Notes” means (i) the 5.38% Senior Secured Guaranteed Notes due June 1, 2017 of the
Fixed Rate Issuers in the original aggregate principal amount of $15,334,000 and (ii) the 4.15% Senior Secured Guaranteed Notes, Series 2012, due June 1, 2017 of the Fixed Rate Issuers in the original aggregate principal amount of
$2,989,552 (the “Series 2012 Fixed Rate Notes”), in each case, as may be amended, restated or otherwise modified from time to time. 
 (b) The Current Pledge Agreement is hereby further amended by amending and restating the last sentence of the defined term “Secured Obligations” appearing in Section 1 thereof to read in
its entirety as follows: 
 “For the avoidance of doubt, the Fixed Rate Issuers’ Pledged Collateral shall at no time
secure the Floating Rate Obligations and Spelman’s Pledged Collateral shall at no time secure the Floating Rate Obligations or the payment and performance of 2012 Fixed Rate Notes.” 

Section 3.3. Mortgages. The definition of “Notes” set forth in each Current Mortgage (other than the Current
Mortgages executed and delivered by Spelman) is hereby amended and restated in its entirety to read as follows: 

“Notes” means (i) the 5.38% Senior Secured Guaranteed Notes due June 1, 2017 of the Fixed Rate
Issuers in the original aggregate principal amount of $15,334,000 and (ii) the 4.15% Senior Secured Guaranteed Notes, Series 2012, due June 1, 2017 of the Fixed Rate Issuers in the original aggregate principal amount of $2,989,552, in each
case, as may be amended, restated or otherwise modified from time to time. 
 Section 3.4. Collateral Documents. For
the avoidance of doubt, all references to the “Notes” or the “Fixed Rate Notes” in each Current Collateral Document shall be deemed a reference to the Series 2011 Notes and the Series 2012 Notes. 

  
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 SECTION 4. JOINDER. 

Independence, Independence RE 1, Independence RE 2 and Independence RE 3 each hereby agrees to become a “Guarantor” and an
“Obligor” and to be bound by all of the terms, covenants and conditions set forth in the Note Purchase Agreement and each other Financing Agreement, as applicable, to the same extent that such Person would have been bound if such Person
had been a signatory to the Current Note Purchase Agreement on the execution date of the Current Note Purchase Agreement. Independence, Independence RE 1, Independence RE 2 and Independence RE 3 each hereby (a) makes each of the representations
and warranties and agrees to each of the covenants applicable to it contained in the Current Note Purchase Agreement, this Amendment and each other Financing Agreement, as applicable, (b) agrees to execute this Amendment, an addendum to the
Current Security Agreement, an addendum to the Current Pledge Agreement and each Financing Agreement, as applicable, and (c) agrees that each reference to a “Guarantor” or an “Obligor” set forth in the Current
Note Purchase Agreement, this Amendment and each other Financing Agreement, as applicable, shall include each of Independence, Independence RE 1, Independence RE 2 and Independence RE 3. 
 SECTION 5. CONDITIONS PRECEDENT. 

This Amendment shall become effective on, and the Purchaser’s obligation to purchase and pay for the Series 2012 Notes to be sold to
it at the 2012 Closing shall not be effective until, the Business Day when each of the following conditions shall have been satisfied (the “Effective Date”): 

(a) The Purchaser shall have received this Amendment, duly executed by each Obligor. 

(b) The Purchaser shall have consented to this Amendment as evidenced by its execution hereof. 

(c) The representations and warranties of the Obligors set forth in Section 6 hereof shall be true and correct in all
material respects as of the date of the execution and delivery of this Amendment and as of the Effective Date. 

(d) Any consents from any holder or holders of any outstanding security or indebtedness of the Obligors and any amendments
of agreements pursuant to which any securities or indebtedness may have been issued which shall be necessary to permit the consummation of the transactions contemplated hereby shall have been obtained and all such consents or amendments shall be
reasonably satisfactory in form and substance to the Purchaser and its special counsel. 

  
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 (e) The Purchaser shall have received all reasonable and necessary
final, non-appealable regulatory and other approvals in respect of the transactions contemplated by this Amendment, the Series 2012 Notes and the other Financing Agreements and evidence that in respect of the transactions contemplated by this
Amendment, the Obligors are in compliance with all applicable regulatory and statutory requirements. For clarification, the Obligors’ failure to satisfy the foregoing condition is not a breach or default of the Current Note Purchase Agreement
(so long as, and provided that, the Purchaser has not purchased the 2012 Notes). 
 (f) All corporate and other
proceedings in connection with the transactions contemplated by this Amendment and all documents and instruments incident to such transactions shall be satisfactory to the Purchaser and its special counsel, and the Purchaser and its special counsel
shall have received all such counterpart originals or certified or other copies of such documents as the Purchaser or its special counsel may reasonably request. 

(g) The Purchaser shall have received such certificates of officers of the Obligors as it may reasonably request with
respect to this Amendment and the transactions contemplated hereby. 
 (h) All actions necessary to create and
perfect the Liens of the Collateral Documents with respect to the Series 2012 Notes (including, without limitation, (i) the filing of all appropriate UCC financing statement amendments, (ii) the recordation of all amendments to the Current
Mortgages with public officials and the payment of all related fees and taxes and (iii) the amendment or replacement of all Control Agreements covering deposit accounts, securities accounts and commodities accounts maintained by the Obligors
with any depository, securities intermediary or commodities intermediary) shall have been consummated in accordance with the provisions of the Collateral Documents. 

(i) The Obligors shall have funded the Debt Service Reserve Account in an additional amount equal to the interest payable
on the Series 2012 Notes for a 12-month period, and all of other terms and conditions in Section 9.10 of the Current Note Purchase Agreement shall have been complied with by the Obligors in respect thereof. 

(j) The Purchaser shall have received a date down endorsement to the ALTA Policy, indicating that since the original date
of Closing of the Series 2011 Notes there has been no change in the status of title as shown on the ALTA Policy, which date down endorsement shall have the effect of advancing the effective date of the policy to the date of the 2012 Closing and
increasing the coverage of the policy by an amount equal to the funding then being made under the Series 2012 Notes. The Company shall have delivered, or shall have caused to be delivered, such documents and other deliveries as requested by the
title insurance company in order for it to issue an endorsement to the ALTA Policy as provided in this paragraph (j). 

  
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 (k) Each of Independence, Independence RE 1, Independence RE 2 and
Independence RE 3 shall have executed and delivered to the Purchaser (i) an Addendum (as defined therein) to the Current Security Agreement and (ii) an Addendum (as defined therein) to the Current Pledge Agreement, and all actions
necessary to create and perfect the Liens of the Collateral Documents with respect to each of Independence, Independence RE 1, Independence RE 2 and Independence RE 3 shall have been satisfied (as contemplated by Section 4.12 of the Current
Note Purchase Agreement). 
 (l) Each other condition set forth in Section 4 of the Current Note Purchase
Agreement (other than Sections 4.13(b), 4.14, 4.15, 4.16, 4.17, 4.19, 4.20 and 4.21) shall have been fulfilled to the Purchaser’s satisfaction (provided that all references to “Purchaser” therein shall be deemed to refer to the
Purchaser hereunder; all references to “this Agreement” shall be deemed to refer to the Current Note Purchase Agreement as amended and supplemented by this Amendment; all references to “Notes” therein shall be deemed to refer to
the Series 2012 Notes; and the reference to “Korman Jackson & Krantz PLL” shall be deemed to refer to Dworken & Bernstein Co., L.P.A.). 

(m) The Purchaser and Yadkin Valley Bank and Trust Company shall have entered into an intercreditor and subordination
agreement in form and substance reasonably satisfactory to the Purchaser wherein, among other things, the Purchaser has agreed to subordinate all obligations owing to it from Independence to the obligations owing to Yadkin Valley Bank from
Independence (provided that the limit on such subordination shall be $500,000). 
 (n) The Purchaser shall
have received by wire transfer to its account specified in Schedule A to the Note Purchase Agreement (or otherwise specified to the Obligors in a separate writing) a non-refundable commitment fee equal to $5,000. 

SECTION 6. REPRESENTATIONS AND WARRANTIES. 

The Obligors hereby, jointly and severally, represent and warrant to the Purchaser that as of the date of execution and delivery of this
Amendment and as of the Effective Date: 
 (a) Except as supplemented, amended or superseded by the
representations and warranties set forth in Schedule B hereto, each of the representations and warranties of the Obligors set forth in Section 5 of the Current Note Purchase Agreement are true and correct in all material respects as of the date
of the execution and delivery of this Amendment and as of the Effective Date (provided that all references to “Purchaser” therein shall be deemed to refer to the Purchaser hereunder; all references to “this Agreement”
shall be deemed to refer to the Current Note Purchase Agreement as amended and supplemented by this Amendment; and all references to “Notes” therein shall be deemed to refer to the Series 2012 Notes). 

  
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 (b) After giving effect to this Amendment, there are no Defaults or
Events of Default under the Note Purchase Agreement. 
 SECTION 7. MISCELLANEOUS. 

Section 7.1. Ratification of Financing Agreements. Except as amended herein, all terms and provisions of the Current Note
Purchase Agreement, each Current Collateral Document and all other Financing Agreements and all agreements and instruments related thereto are hereby ratified, confirmed and approved in all respects. If and to the extent that any of the terms or
provisions of the Current Note Purchase Agreement, any Current Collateral Document or any other Financing Agreement are in conflict or inconsistent with any of the terms or provisions of this Amendment, this Amendment shall govern. 

Section 7.2. References to the Financing Agreements. 

(a) Note Purchase Agreement. Each reference in the Current Note Purchase Agreement to “this Agreement,”
“hereunder,” “hereof,” or words of similar import in instruments or documents provided for in the Current Note Purchase Agreement or delivered or to be delivered thereunder or in connection therewith, shall, except where the
context otherwise requires, be deemed a reference to the Note Purchase Agreement. 
 (b) Notes. Each reference in the
Current Note Purchase Agreement and each other Financing Agreement, as applicable, to “the Notes” or words of similar import in instruments or documents provided for in the Current Note Purchase Agreement or delivered or to be delivered
thereunder or in connection therewith, shall, except where the context otherwise requires, be deemed a reference to the Series 2011 Notes and the Series 2012 Notes. 
 (c) Collateral Documents. Each reference in the Current Note Purchase Agreement and in each other Financing Agreement, as applicable, to “the Collateral Documents” or to any one of such
Collateral Documents or words of similar import in instruments or documents provided for in the Current Note Purchase Agreement or delivered or to be delivered thereunder or in connection therewith, shall, except where the context otherwise
requires, be deemed a reference to the Collateral Documents (as hereby amended). 
 Section 7.3. Fees and
Expenses of Counsel. Without limiting Section 15 of the Current Note Purchase Agreement, the Obligors jointly and severally agree to pay the additional fees and disbursements of the Purchaser’s special counsel, Chapman and Cutler LLP,
incurred in connection with the negotiation, preparation, execution and delivery of this Amendment, the Series 2012 Notes, the amendments to and restatements of, as applicable, the Collateral Documents and the transactions contemplated hereby and
thereby which fees and disbursements shall be reflected in the statement of such special counsel delivered to the Obligors in accordance with Section 4.6 of the Current Note Purchase Agreement. 

  
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 Section 7.4. Governing Law. This Amendment shall be construed and enforced
in accordance with, and the rights of the parties shall be governed by, the law of the State of Ohio excluding choice-of-law principles of the law of such State that would permit the application of the laws of a jurisdiction other than such State.

 Section 7.5. Survival. All warranties, representations, and covenants made by the Obligors herein will be
considered to have been relied upon by the Purchaser and will survive the execution and delivery of this Amendment. 

Section 7.6. Successors and Assigns. This Amendment will inure to the benefit of and be binding upon the successors
and assigns of each of the parties. The provisions of this Amendment for the benefit of the Purchaser are intended in all cases, whether explicitly so stated or not, to be for the benefit of all holders, from time to time, of the Notes, and will be
enforceable by any such holder, whether or not an express assignment to such holder of rights under this Amendment has been made by the Purchaser or its successors or assigns. 
 Section 7.7. Counterparts. This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original and all of which, taken together, shall constitute but
one and the same Amendment. Delivery of an executed counterpart of this Amendment by facsimile or email shall be as effective as delivery of a manually executed counterpart of this Amendment. 

Section 7.8. Severability. Whenever possible, each provision of this Amendment will be interpreted in such manner as to be
effective and valid under applicable law, but if any provision of this Amendment is held to be prohibited by or invalid under applicable law, such provision will be ineffective only to the extent of such prohibition or invalidity, without
invalidating the remainder of this Amendment unless the consummation of the transactions contemplated hereby is materially adversely affected thereby. 
 Section 7.9. No Novation. This Amendment shall, in no way, be deemed as a novation of the terms of the Current Note Purchase Agreement, any Current Collateral Document or the Series 2011
Notes. 
 Section 7.10. Further Assurances. At the Obligors’ expense, the parties hereto shall execute and
deliver such additional documents and take such further action as may be necessary or desirable to effectuate the provisions and purposes of this Amendment. 
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 The execution hereof by the Purchaser shall constitute a contract among the Obligors and the
Purchaser for the uses and purposes hereinabove set forth. This Amendment may be executed in any number of counterparts, each executed counterpart constituting an original but all together only one agreement. 

 

			
	NORTHEAST OHIO NATURAL GAS CORP., as an Issuer
		
	By:	 	/s/ Thomas J. Smith
		 	 Name: Thomas J. Smith

Title: President

	
	ORWELL NATURAL GAS COMPANY, as an Issuer
		
	By:	 	/s/ Thomas J. Smith
		 	 Name: Thomas J. Smith

Title: President

	
	BRAINARD GAS CORP., as an Issuer
		
	By:	 	/s/ Thomas J. Smith
		 	 Name: Thomas J. Smith

Title: President

	
	 GREAT PLAINS NATURAL GAS COMPANY, as a
Guarantor

		
	By:	 	/s/ Thomas J. Smith
		 	 Name: Thomas J. Smith

Title: President

			
	Northeast Ohio Natural Gas Corp., et. al.	 	Omnibus Third Amendment, Supplement and
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		 	and Collateral Documents

  

 
			
	 LIGHTNING PIPELINE COMPANY, INC., as a
Guarantor

		
	By:	 	/s/ Thomas J. Smith
		 	 Name: Thomas J. Smith

Title: President

	
	KIDRON PIPELINE, LLC, as a Guarantor
		
	By:	 	/s/ Thomas J. Smith
		 	 Name: Thomas J. Smith

Title: President

	
	 SPELMAN PIPELINE HOLDINGS, LLC, as a 2011 Guarantor

		
	By:	 	/s/ Thomas J. Smith
		 	 Name: Thomas J. Smith

Title: President

	
	 GAS NATURAL SERVICE COMPANY, LLC, as a
Guarantor

		
	By:	 	/s/ Thomas J. Smith
		 	 Name: Thomas J. Smith

Title: President

  
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	GAS NATURAL INC., as a Guarantor
		
	By:	 	/s/ Thomas J. Smith
		 	 Name: Thomas J. Smith

Title: Vice President and Chief Financial Officer

	
	INDEPENDENCE OIL, L.L.C., as a Guarantor
		
	By:	 	/s/ Thomas J. Smith
		 	 Name: Thomas J. Smith

Title: President

	
	 INDEPENDENCE OIL REAL ESTATE 1, L.L.C., as a
Guarantor

		
	By:	 	/s/ Thomas J. Smith
		 	 Name: Thomas J. Smith

Title: President

	
	 INDEPENDENCE OIL REAL ESTATE 2, L.L.C., as a
Guarantor

		
	By:	 	/s/ Thomas J. Smith
		 	 Name: Thomas J. Smith

Title: President

	
	 INDEPENDENCE OIL REAL ESTATE 3, L.L.C., as a
Guarantor

		
	By:	 	/s/ Thomas J. Smith
		 	 Name: Thomas J. Smith

Title: President

  
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 This Amendment is hereby accepted and agreed to as of the date aforesaid. 

 

			
	SUN LIFE ASSURANCE COMPANY OF CANADA
		
	By:	 	/s/ Paul Sinclair
		 	Name: Paul Sinclair
		 	 Title: Managing Director, Head of Private
Debt - Private Fixed Income

	
		
	By:	 	/s/ Omer Malik
		 	Name: Omer Malik
		 	 Title: Senior Director, Project Finance - Private Fixed Income

  
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