Document:

EXHIBIT 10.4

 

[English Translation from Portuguese]

 

[Note: As of August 2, 2017, Mr. Caetano Ferraiolo’s base
compensation is 1,168,800 Brazilian Reais and his annual incentive bonus target is 42% of base]

 

AGREEMENT FOR THE RENDERING OF ADMINISTRATION
SERVICES

 

PST ELETRÔNICA LTDA., a private company enrolled with
the CNPJ/MF n. 84.496.066/0002-95, with head office at Avenida Alan Turing, n. 385, Cidade Universitária, Campinas/SP, herein
represented pursuant to its Articles of Association (PST), and

 

CAETANO ROBERTO FERRAIOLO, holder of the Identity Card (“RG”)
n. 16.297.232, Individual Taxpayer Registration Number (“CPF”) n. 101.275.908-38, resident and domiciled at Alameda
Americana, 408, L. 01, Q. P, Jardim Paulista, Vinhedo/SP (“CONTRACTED PARTY”)

 

The parties above described enter this Agreement for the Rendering
of Administration Services that will be governed by the following clauses:

 

CLAUSE FIRST – PURPOSE

 

The CONTRACTED PARTY shall carry out the functions of Director
of Operations (COO) as from his appointment by PST, pursuant to Article 1.061 and following articles of the Brazilian Civil
Code and in accordance with what is set forth in the Articles of Association, without any subordination to the quotaholders.

 

CLAUSE SECOND – TERM

 

The beginning of activities shall take place as of the appointment
described in the preceding Clause and shall be in force for an indeterminate period of time until the PST quotaholders deliberate
on his destitution from the office or that the CONTRACTED PARTY exercise his right of resignation, pursuant to article 1.063
of the Civil Code.

 

CLAUSE THIRD – COMPENSATION

 

The CONTRACTED PARTY shall be entitled to a monthly prolabore
equivalent to R$ 81.166, 16 (eighty one thousand, one hundred sixty six Reais, sixty-seven centavos), to be deposited by the
5th day of each subsequent month to the month of the rendering of the services, for a total of R$ 974.000,00 (nine hundred
seventy four thousand Reais) per annum.

 

     

     

    

 

The CONTRACTED PARTY shall receive a bonus in the amount
of R$ 306.555,00 (three hundred and six thousand, five hundred fifty five Reais) that will be paid in two installments, the first
instalment by March 30 and the second installment by June 30, 2016.

 

All and any taxes and social contributions shall be paid by the
parties pursuant to applicable legislation.

 

CLAUSE FOURTH – BENEFITS

 

PST shall supply to the CONTRACTED PARTY, during the term
of the rendering of services, medical insurance, life insurance and an automotive vehicle at officers’ standard.

 

The CONTRACTED PARTY shall be reimbursed for reasonable expenses
that he will actually incur exclusively in discharging his obligations under this agreement, pursuant to policies in place in the
organization, including gas and toll fees.

 

CLAUSE FIFTH – VACATION

 

Will be entitled to thirty (30) day vacation per annum, to be taken
in a period previously agreed with the Presidency of the company. In this period, he will be entitled to receive the pro labore.
In the event he does not elect to take the thirty (30) day vacation in a certain year, he will not have the right to any set
off.

 

Vacations not taken during the year shall not accumulate and may
not be taken in the subsequent year.

 

CLAUSE SIXTH – OBLIGATIONS OF THE CONTRACTED PARTY

 

To respect the company purpose and the limits set forth in the Articles
of Association. Not carry out or be involved, directly or indirectly, in any activities that exceed the attributions conferred
upon him by the Articles of Association.

 

To act at all times in conformity with legal requirements, ethically
and with discipline, aimed at the well-being of PST and of his collaborators.

 

     

     

    

 

During the term of this agreement, the CONTRATED PARTY shall
dedicated himself exclusively to the purposes defined for the carrying out of his functions, avoiding activities that may create
competition or conflict of interests.

 

CLAUSE SEVENTH – CONFIDENTIAL INFORMATION AND COMMERCIAL
SECRETS

 

The CONTRACTED PARTY shall abstain from using, disclosing,
revealing, and supplying or in any other form, make available, directly or indirectly, to third parties, any privileged or confidential
information, including, among others, the projects, action plans, prices, client lists, market practices, work materials, products,
correspondence, memoranda, notes or other information (collectively called the “Confidential Information”) of
PST and of the other Companies of the Group to which he will have access by virtue of this Agreement.

 

CLAUSE EIGHTH – NON COMPETITION 

 

The CONTRACTED PARTY agrees and undertakes, during the term
of this Agreement, in not participate, in the Brazilian territory or outside, directly or indirectly, in any activity, development
or undertaking, nor to have any financial interest, or provide help or assistance to any individual or company that handles any
activity dedicated, directly or indirectly, for his own benefit of third parties, in the management, development, operation, hiring
and/or consulting in Competitive Activities.

 

For purposes of this Agreement, “Competitive Activities”
shall mean services of:

 

		1-	Manufacturing and commercialization of electro-electronic and mechanical products for purposes of monitoring security electronic
systems (automotive and residential);

 

		2-	Rendering of services of telecommunications under the type “specialized limited service” through the utilization
of satellites and for the purpose of the rendering of monitoring services, tracking and remote actions to automotive vehicles.

 

The commitment undertaken in this Clause shall last for twenty four
(24) months from the (date of the) eventual termination of the agreement.

 

CLAUSE NINE – USE OF SOFTWARE/TOOLING AND COMMUNICATIONS

 

The CONTRACTED PARTY agrees to use all and any tool that
will be made available to him solely for professional purposes. He should take care and inform PST in the event of any deterioration,
loss or theft.

 

     

     

    

 

The CONTRACTED PARTY acknowledges and accepts that PST
shall reserve itself the right of access to its equipment, account and files of corporate e-mails during the entire term of the
Agreement and subsequently.

 

CLAUSE TEN – FINAL PROVISIONS

 

The terms and conditions of this Agreement replace any agreements
or understandings previously held between the PARTIES.

 

This Agreement, including any matters not dealt with herein, shall
be governed by the Brazilian Civil Legislation currently in force.

 

The PARTIES elect the courts of Campinas for the resolution
of any questions relative to this instrument.

 

And being just and agreed, they sign this Agreement in two (2) copies
together with the two witnesses.

 

Campinas December 14, 2015.

 

	PST ELETRÔNICA LTDA.	 
	 	 
	/s/ Sergio Leite	 
	 	 
	CAETANO ROBERTO FERRAIOLO 	 
	 	 
	/s/ Caetano Roberto Ferraiolo 	 

 

Witnesses:

 

	 	1-	 	 
	 	 	 	 
	 	 	Name:	 
	 	 	RG:	 

 

	 	2-	 	 
	 	 	 	 
	 	 	Name:	 
	 		RG:Exhibit

Execution Version

SIXTH AMENDMENT TO CREDIT AGREEMENT
SIXTH AMENDMENT, dated as of November 9, 2016 (this “Amendment”), to the Credit Agreement, dated as of May 24, 2012 (as amended, amended and restated, modified or supplemented from time to time prior to the date hereof, the “Credit Agreement”), among EPE Acquisition, LLC, a Delaware limited liability company (successor-by-merger to EPE Holdings, LLC) (“Holdings”), EP Energy LLC (f/k/a Everest Acquisition LLC), a Delaware limited liability company and a wholly-owned subsidiary of Holdings (the “Borrower”), the banks, financial institutions and other lending institutions from time to time parties as lenders thereto (each a “Lender” and collectively, the “Lenders”), JPMorgan Chase Bank, N.A., as administrative agent for the Lenders (in such capacity, the “Administrative Agent”) and as collateral agent for the Lenders, the swingline lender and an issuer of Letters of Credit, and each other Issuing Bank from time to time party thereto.
W I T N E S S E T H:
WHEREAS, the Borrower has requested that the definition of “Junior Liens” set forth in Section 1.1 of the Credit Agreement be amended to clarify that Liens securing other Indebtedness of the Borrower on any Term/Notes Priority Collateral are not strictly required to be senior to the Liens securing the Credit Agreement, but such Liens securing other Indebtedness may also be junior to the Liens securing the Credit Agreement.
WHEREAS, Section 13.1 of the Credit Agreement permits the Administrative Agent and/or the Collateral Agent and certain Lenders to enter into written amendments, supplements or modifications to the Credit Agreement and the other Credit Documents with the relevant Credit Parties.
WHEREAS, inasmuch as the requested amendment is beneficial to the Lenders and the other Credit Parties, the Lenders and the Credit Parties desire to amend the Credit Agreement on the terms set forth herein.
NOW, THEREFORE, in consideration of the premises and covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, agree as follows:
ARTICLE I

Section 1.1.    Defined Terms. Terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement unless otherwise defined herein or the context otherwise requires.
ARTICLE II    
Section 2.1.    Amendments.  On the Amendment Effective Date (as defined below), the definition of “Junior Liens” set forth in Section 1.1 of the Credit Agreement will hereby be amended and restated in its entirety as follows (with the new language in bold underline for illustration purposes only):
“Junior Liens” means Liens on the Collateral (other than Liens securing the Obligations) that (i) with respect to the RBL Priority Collateral (as defined in the Senior Lien Inter-creditor Agreement), are subordinated to the Liens granted under the Credit Documents and (ii) with respect to the Term/Notes Priority Collateral, are junior to, pari passu with or senior to the Liens granted under the Credit Documents, in each case pursuant to the Senior Lien Intercreditor Agreement or another intercreditor agreement that is not materially less favorable to the Lenders than the Senior Lien Intercreditor Agreement (it being understood that Junior Liens are not required to be pari passu with other Junior Liens, and that Indebtedness secured by Junior Liens may have Liens that are senior in priority to, or pari passu with, or junior in priority to, other Liens constituting Junior Liens).
ARTICLE III    
Section 3.1.    Conditions to Effectiveness.  This Amendment shall become effective on the date (the “Amendment Effective Date”) on which:
(a)    The Administrative Agent shall have received this Amendment, executed and delivered by a duly authorized officer of each of the Borrower, Holdings and Lenders constituting at least the Majority Lenders; and
(b)    Each of the Borrower and Holdings shall have confirmed and acknowledged to the Administrative Agent, each Issuing Bank and the Lenders, and by its execution and delivery of this Amendment each of the Borrower and Holdings does hereby confirm and acknowledge to the Administrative Agent, each Issuing Bank and the Lenders, that (i) such Credit Party shall have taken all necessary corporate or other organizational action to authorize the execution, delivery and performance of this Amendment, (ii) the Credit Agreement and each other Credit Document to which it or any of its applicable Subsidiaries that are Credit Parties is a party constitutes the legal, valid and binding obligation of such Credit Party enforceable in accordance with its terms, subject to the effects of bankruptcy, insolvency, fraudulent conveyance, reorganization and other similar laws relating to or affecting creditors’ rights generally and general principles of equity (whether considered in a proceeding in equity or law) and (iii) no Default or Event of Default exists under the Credit Agreement or any of the other Credit Documents.
The Administrative Agent shall notify the Borrower and the Lenders of the Amendment Effective Date, and such notice shall be conclusive and binding.
Section 3.2.    Ratification.  Each of the Borrower and Holdings (for itself and its applicable Subsidiaries that are Credit Parties) hereby (a) ratifies and confirms all of the Obligations under the Credit Agreement (as amended hereby) and the other Credit Documents related thereto, and, in particular, affirms that, after giving effect to this Amendment, the terms of the Security Documents secure, and will continue to secure, all Obligations thereunder, and (b) represents and warrants to the Lenders that as of the effectiveness of this Amendment (i) all of the representations and warranties contained in the Credit Document to which it is a party are true and correct in all material respects with the same effect as though such representations and warranties had been made on and as of such date (except where such representations and warranties expressly relate to an earlier date, in which case, such representations and warranties shall have been true and correct in all material respects  as of such earlier date) and (ii) no Default or Event of Default has occurred and is continuing.
Section 3.3.    Continuing Effect; No Other Amendments or Waivers. This Amendment shall not constitute an amendment or waiver of or consent to any provision of the Credit Agreement and the other Credit Documents except as expressly stated herein and shall not be construed as an amendment, waiver or consent to any action on the part of the Borrower that would require an amendment, waiver or consent of the Administrative Agent or the Lenders except as expressly stated herein.  Except as expressly waived hereby, the provisions of the Credit Agreement and the other Credit Documents are and shall remain in full force and effect in accordance with their terms.
ARTICLE IV    
Section 4.1.    Counterparts. This Amendment may be executed in any number of separate counterparts by the parties hereto (including by telecopy or via electronic mail), each of which counterparts when so executed shall be an original, but all the counterparts shall together constitute one and the same instrument.
Section 4.2.    GOVERNING LAW. THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AMENDMENT A SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.
Section 4.3.    FINAL AGREEMENT.  THE CREDIT AGREEMENT AND THE OTHER CREDIT DOCUMENTS, WHICH SHALL INCLUDE THIS AMENDMENT, REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES.  THERE ARE NO ORAL AGREEMENTS BETWEEN THE PARTIES.

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed and delivered by their respective duly authorized officers as of the date first above written.
EPE ACQUISITION LLC (SUCCESSOR TO EPE HOLDINGS LLC)
By:        /s/ Dane Whitehead         
    Name:  Dane Whitehead 
    Title:   EVP and CFO
EP ENERGY LLC (F/K/A EVEREST ACQUISITION LLC)
By:        /s/ Dane Whitehead         
    Name:  Dane Whitehead 
    Title:  EVP and CFO

JPMORGAN CHASE BANK, N.A., as Administrative Agent and as a Lender
By:         /s/ Jo Linda Papadakis     
    Name:  Jo Linda Papadakis 
    Title:  Authorized Officer
CITIBANK, N.A., as a Lender
By:        /s/ Phillip Ballard     
    Name:  Phillip Ballard 
    Title:  Vice President

BMO HARRIS FINANCING, INC., as a Lender
By:        /s/ Kevin Utsey     
    Name:  Kevin Utsey 
    Title:  Director

CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as a Lender
By:        /s/ Mikhail Faybusovich     
    Name:  Mikhail Faybusovich 
    Title:  Authorized Signatory

By:        /s/ Lorenz Meier     
    Name:  Lorenz Meier 
    Title:  Authorized Signatory

DEUTSCHE BANK AG NEW YORK BRANCH, as a Lender
By:        /s/ Peter Cucchiara     
    Name:  Peter Cucchiara 
    Title:  Vice President

By:        /s/ Dusan Lazarov     
    Name:  Dusan Lazarov 
    Title:  Director

ROYAL BANK OF CANADA, as a Lender
By:        /s/ Matthias Wong     
    Name:  Matthias Wong 
    Title:  Authorized Signatory

UBS AG, STAMFORD BRANCH, as a Lender
By:        /s/ Houssem Daly     
    Name:  Houssem Daly 
    Title:  Associate Director, Banking Products  
    Services, US

By:        /s/ Darlene Arias     
    Name:  Darlene Arias 
    Title:  Director

CANADIAN IMPERIAL BANK OF COMMERCE, NEW YORK BRANCH, as a Lender
By:        /s/ William M. Reid     
    Name:  William M. Reid 
    Title:  Authorized Signatory

By:        /s/ Trudy Nelson     
    Name:  Trudy Nelson 
    Title:  Authorized Signatory

CAPITAL ONE, NATIONAL ASSOCIATION, as a Lender
By:        /s/ Matthew Brice     
    Name:  Matthew Brice 
    Title:  Vice President

WELLS FARGO BANK, N.A., as a Lender
By:        /s/ Stephanie Harrell     
    Name:  Stephanie Harrell 
    Title:  Vice President

COMPASS BANK, as a Lender
By:        /s/ Kari McDaniel     
    Name:  Kari McDaniel 
    Title:  Vice President

SOCIETE GENERALE, as a Lender
By:        /s/ Max Sonnonstine     
    Name:  Max Sonnonstine 
    Title:  Director

SunTrust Bank, as a Lender
By:        /s/ John Kovarik     
    Name:  John Kovarik 
    Title:  Vice President

THE TORONTO-DOMINION (NEW YORK) LLC, as a Lender
By:        /s/ Annie Dorval     
    Name:  ANNIE DORVAL 
    Title:  AUTHORIZED SIGNATORY

SUMITOMO MITSUI BANKING CORPORATION, as a Lender
By:    /s/ Ryo Suzuki     
    Name: Ryo Suzuki 
    Title: General Manager

DNB CAPITAL LLC, as a Lender
By:    /s/ Joe Hykle     
    Name: Joe Hykle 
    Title: Vice President
By:    /s/ Jodie Gildersieeve     
    Name: Jodie Gildersieeve 
    Title: Vice President

BANK OF AMERICA, N.A., as a Lender
By:    /s/ Kenneth Phelan     
    Name: Kenneth Phelan 
    Title: Director

ING Capital LLC, as a Lender
By:    /s/ Scott Lamoreaux     
    Name: Scott Lamoreaux 
    Title: Director
By:    /s/ Josh Strong     
    Name: Josh Strong 
    Title: Director

MIZUHO BANK, LTD., as a Lender
By:    /s/ James R. Fayen     
    Name: James R. Fayen 
    Title: Managing Director

GOLDMAN SACHS BANK USA, as a Lender
By:    /s/ Ushma Dedhiya     
    Name: Ushma Dedhiya 
    Title: Authorized Signatory

SCOTIABANC INC., as a Lender
By:    /s/ J.F. Todd     
    Name: J.F. Todd 
    Title: Managing Director

THE BANK OF NOVA SCOTIA, as a Lender
By:    /s/ Alan Dawson     
    Name: Alan Dawson 
    Title: Director

Morgan Stanley Senior Funding, Inc., as a Lender
By:    /s/ Patrick Layton     
    Name: Patrick Layton 
    Title: Vice President

COMERICA BANK, as a Lender
By:    /s/ Jason M. Klesel     
    Name: Jason M. Klesel 
    Title: Relationship Manager

NOMURA CORPORATE FUNDING AMERICAS, LLC, as a Lender
By:    /s/ Sean P. Kelly     
    Name: Sean P. Kelly 
    Title: Managing Director

-1-

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