Document:

EX-10.30

 

Exhibit 10.30

SERVICES AGREEMENT

     This Services Agreement (this “Agreement”) is entered into as of the ___day of ___, 2007
(the “Effective Date”), among CVR Partners, LP, a Delaware limited partnership (“MLP”), CVR GP,
LLC, a Delaware limited liability company (“GP”), and CVR Energy, Inc., a Delaware corporation
(“CVR”, and collectively with MLP and GP, the “Parties” and each, a “Party”).

RECITALS

     WHEREAS, MLP is the owner, directly or indirectly, of Coffeyville Resources Nitrogen
Fertilizers LLC, a Delaware limited liability company (“Fertilizer”);

     WHEREAS, CVR is the owner, directly or indirectly, of Coffeyville Resources Refining &
Marketing, LLC, a Delaware limited liability company (“Refinery”);

     WHEREAS, GP, in its capacity as the general partner of MLP, desires to engage CVR, on its own
behalf and for the benefit of Fertilizer and MLP, to provide certain services necessary to operate
the business conducted by Fertilizer, MLP and GP (the “Services Recipients”); and

     WHEREAS, CVR is willing to undertake such engagement, subject to the terms and conditions of
this Agreement.

     NOW, THEREFORE, MLP, GP (for itself and in its capacity as the general partner of MLP), and
CVR agree as follows:

ARTICLE I

DEFINITIONS

     Section 1.01 Terms. The following defined terms will have the meanings given below:

     “Administrative Personnel” means individuals who are employed by CVR or any of its Affiliates
and assist in providing, as part of the Services, any of the administrative services referred to in
Exhibit 1 hereto.

     “Affiliate” shall mean with respect to any Person, any other Person that directly or
indirectly through one or more intermediaries, controls, is controlled by, or is under common
control with, such specified Person. For purposes of this definition, “control” when used with
respect to any Person means the power to direct the management and policies of such Person,
directly or indirectly, through the ownership of voting securities, by contract or otherwise
(provided that, solely for purposes of this Agreement, the Services Recipients shall not be deemed
Affiliates of CVR).

     “Bankrupt” with respect to any Person shall mean such Person shall generally be unable to
pay its debts as such debts become due, or shall so admit in writing or shall make a general
assignment for the benefit of creditors; or any proceeding shall be instituted by or against such
Person seeking to adjudicate it a bankrupt or insolvent, or seeking liquidation, winding up,
reorganization, arrangement, adjustment, protection, relief, or composition of it or its debts
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any law relating to bankruptcy, insolvency or reorganization or relief of debtors, or seeking
the entry of an order for relief or the appointment of a receiver, trustee, or other similar
official for it or for any substantial part of its property and, in the case of any such proceeding
instituted against it (but not instituted by it), shall remain undismissed or unstayed for a period
of 30 days; or such Person shall take any action to authorize any of the actions set forth above.

     “CVR Representative” means such person as is designated in writing by CVR to serve in such
capacity.

     “Default Rate” shall mean an interest rate (which shall in no event be higher than the rate
permitted by applicable law) equal to 300 basis points over LIBOR.

     “Fertilizer” has the meaning set forth in the first Recital hereinabove.

     “Fertilizer Payroll Percentage” means, for any applicable period, the percentage represented
by a fraction, the numerator of which is the total payroll amount of Fertilizer for such period,
and the denominator of which is the total payroll amount of Fertilizer plus the total payroll
amount of Refinery for such period, as such payroll amounts are calculated on a consistent basis
for purposes of determining the Fertilizer Payroll Percentage.

     “Governmental Approval” shall mean any material consent, authorization, certificate, permit,
right of way grant or approval of any Governmental Authority that is necessary for the
construction, ownership and operation of the assets used in the business of the Services Recipients
in accordance with applicable Laws.

     “Governmental Authority” shall mean any court or tribunal in any jurisdiction or any federal,
state, tribal, municipal or local government or other governmental body, agency, authority,
department, commission, board, bureau, instrumentality, arbitrator or arbitral body or any
quasi-governmental or private body lawfully exercising any regulatory or taxing authority.

     “GP/MLP Representative” means such person as is designated in writing by GP to serve in such
capacity.

     “Laws” shall mean any applicable statute, environmental law, common law, rule, regulation,
judgment, order, ordinance, writ, injunction or decree issued or promulgated by any Governmental
Authority.

     “Person” means an individual, corporation, partnership, joint venture, trust, limited
liability company, unincorporated organization or other entity.

     “Personnel Costs” means all costs incurred by an employer in connection with the employment by
such employer of applicable personnel, including all payroll and benefits but excluding any
Share-Based Compensation.

     “Refinery” has the meaning set forth in the second Recital hereinabove.

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     “Seconded Personnel” means individuals, other than Administrative Personnel, who are employed
by CVR or any of its Affiliates and provided on a full-time basis to the Services Recipients in
connection with provision of the Services.

     “Services” shall consist of those services performed for the Services Recipients as described
on Exhibit 1 hereto.

     “Services Recipients” has the meaning set forth in the third Recital hereinabove.

     “Share-Based Compensation” means any compensation accruing or payable under any incentive or
other compensation plan or program of an employer based upon changes in the equity value of such
employer or any of its Affiliates.

     “Shared Personnel” means individuals, other than Administrative Personnel, who are employed by
CVR or any of its Affiliates and provided on a part-time basis to the Services Recipients in
connection with provision of the Services.

ARTICLE II

RETENTION OF CVR; SCOPE OF SERVICES

     Section 2.01 Retention of CVR. GP, on its own behalf and for the benefit of the
Services Recipients, hereby engages CVR to perform the Services and CVR hereby accepts such
engagement and agrees to perform the Services and to provide all Administrative Personnel, Seconded
Personnel, and Shared Personnel necessary to perform the Services.

     Section 2.02 Scope of Services. The Services shall be provided in accordance with (i)
applicable material Governmental Approvals and Laws, and (ii) applicable industry standards.

     Section 2.03 Exclusion of Services. At any time, either GP or CVR may temporarily or
permanently exclude any particular service from the scope of the Services upon 90 days notice.

     Section 2.04 Performance of Services by Affiliates or Other Persons. The Parties
hereby agree that in discharging its obligations hereunder, CVR may engage any of its Affiliates or
other Persons to perform the Services (or any part of the Services) on its behalf and that the
performance of the Services (or any part of the Services) by any such Affiliate or Person shall be
treated as if CVR performed such Services itself. No such delegation by CVR to Affiliates or other
Persons shall relieve CVR of its obligations hereunder.

ARTICLE III

PAYMENT AMOUNT

     Section 3.01 Payment Amount. GP shall pay or cause MLP or Fertilizer to pay, to CVR
(or its Affiliates as CVR may direct) the amount of any direct or indirect expenses incurred by CVR
or its Affiliates in connection with the provision of Services by CVR or its Affiliates (the
“Payment Amount”), in accordance with the following:

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     (a) Seconded Personnel. The Payment Amount will include all Personnel Costs of
Seconded Personnel, to the extent attributable to the periods during which such Seconded
Personnel are provided to the Services Recipients.

     (b) Shared Personnel. The Payment Amount will include a prorata share of all
Personnel Costs of Shared Personnel, as determined by CVR on a commercially reasonable
basis, based on the percent of total working time that such Shared Personnel are engaged in
performing any of the Services.

     (c) Administrative Costs. The Payment Amount will include following:

     (i) Payroll. A prorata share of all Personnel Costs of Administrative
Personnel engaged in performing payroll services as part of the Services, based on
the Fertilizer Payroll Percentage, will be included in the Payment Amount.

     (ii) Travel. Travel expenses by Seconded Personnel, Shared Personnel
or Administrative Personnel will be direct charged if applicable and a prorata share
of all other travel expenses by Seconded Personnel, Shared Personnel or
Administrative Personnel, based on the Fertilizer Payroll Percentage, will be
included in the Payment Amount.

     (iii) Office Costs. A prorata share of all office costs (including,
without limitation, all costs relating to office leases, equipment leases, supplies,
property taxes and utilities) for all locations of Administrative Personnel, based
on the Fertilizer Payroll Percentage, will be included in the Payment Amount.

     (iv) Insurance. Insurance premiums will be direct charged to the
applicable insured, provided, however, all insurance premiums for adequate directors
and officers (or equivalent) insurance for any Seconded Personnel or Shared
Personnel, with liability coverage of no less than $15 million, will be included in
the Payment Amount.

     (v) Outside Services. Services provided by outside vendors (including
audit services, legal services, and other services) will first be direct charged
where applicable, and a prorata share of charges for all services that are provided
by outside vendors and not direct charged will be included in the Payment Amount
based upon the following percentages of such charges: audit services — 25%; legal
services — 20%; and all other services – Fertilizer Payroll Percentage.

     (vi) Other SGA Costs. A prorata share of all other sales, general and
administrative costs relating to the Services Recipients, based on the Fertilizer
Payroll Percentage, will be included in the Payment Amount.

     (vii) Depreciation and Amortization. A prorata share of depreciation
and amortization relating to all locations of Administrative Personnel, based on the
Fertilizer Payroll Percentage, will be included in the Payment Amount following
recognition of such depreciation or amortization as an expense on the books and
records of CVR or its Affiliates.

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     (viii) Government and Public Relations. A monthly retainer of $1,000
will be included in the Payment Amount to cover routine ordinary activities of
Administrative Personnel in furtherance of government and public relations for the
benefit of the Services Recipients, with related activities of Administrative
Personnel being charged against such retainer at the rate of
$100 per hour.

     (ix) Bank Charges and Interest Expense. Bank charges and interest
expense will be direct charged as applicable.

     (x) Other Costs. Other costs as reasonably incurred by CVR or its
Affiliates in the provision of Services will be direct charged as applicable.

     Section 3.02 Payment of Payment Amount. CVR shall submit monthly invoices to GP for
the Services, which invoices shall be due and payable net 15 days. GP shall pay or cause MLP or
Fertilizer to pay, to CVR in immediately available funds, the full Payment Amount due under
Section 3.01. Past due amounts shall bear interest at the Default Rate. Allocation
percentages referred to in this Article III will be calculated and determined for calendar year or
calendar quarter periods, as CVR may determine, based upon CVR’s annual audited financials, or
quarterly unaudited financials, for the immediately preceding calendar year or calendar quarter, as
applicable.

     Section 3.03 Disputed Charges. GP MAY, WITHIN 90 DAYS AFTER RECEIPT OF A CHARGE FROM
CVR, TAKE WRITTEN EXCEPTION TO SUCH CHARGE, ON THE GROUND THAT THE SAME WAS NOT A REASONABLE COST
INCURRED BY CVR OR ITS AFFILIATES IN CONNECTION WITH THE SERVICES. GP SHALL NEVERTHELESS PAY OR
CAUSE MLP OR FERTILIZER TO PAY IN FULL WHEN DUE THE FULL PAYMENT AMOUNT OWED TO CVR. SUCH PAYMENT
SHALL NOT BE DEEMED A WAIVER OF THE RIGHT OF THE SERVICES RECIPIENT TO RECOUP ANY CONTESTED PORTION
OF ANY AMOUNT SO PAID. HOWEVER, IF THE AMOUNT AS TO WHICH SUCH WRITTEN EXCEPTION IS TAKEN, OR ANY
PART THEREOF, IS ULTIMATELY DETERMINED NOT TO BE A REASONABLE COST INCURRED BY CVR OR ITS
AFFILIATES IN CONNECTION WITH ITS PROVIDING THE SERVICES HEREUNDER, SUCH AMOUNT OR PORTION THEREOF
(AS THE CASE MAY BE) SHALL BE REFUNDED BY CVR TO THE SERVICES RECIPIENTS TOGETHER WITH INTEREST
THEREON AT THE DEFAULT RATE DURING THE PERIOD FROM THE DATE OF PAYMENT BY THE SERVICES RECIPIENTS
TO THE DATE OF REFUND BY CVR.

     Section 3.04 CVR’s Employees. The Services Recipients shall not be obligated to pay
directly to Seconded Personnel or Shared Personnel any compensation, salaries, wages, bonuses,
benefits, social security taxes, workers’ compensation insurance, retirement and insurance
benefits, training or other expenses; provided, however, that if CVR fails to pay any employee
within 30 days of the date such employee’s payment is due:

     (a) The Services Recipients may (i) pay such employee directly, (ii) employ such
employee directly, or (iii) notify CVR that this Agreement is terminated and employ such
employees directly; and

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     (b) CVR shall reimburse GP, MLP or Fertilizer, as the case may be, for the amount GP,
MLP or Fertilizer, as applicable, paid to CVR with respect to employee services for which
CVR did not pay any such employee.

ARTICLE IV

BOOKS, RECORDS AND REPORTING

     Section 4.01 Books and Records. CVR and its Affiliates and the Services Recipients
shall each maintain accurate books and records regarding the performance of the Services and
calculation of the Payment Amount, and shall maintain such books and records for the period
required by applicable accounting practices or law, or five (5) years, whichever is longer.

     Section 4.02 Audits. CVR and its Affiliates and the Services Recipients shall have
the right, upon reasonable notice, and at all reasonable times during usual business hours, to
audit, examine and make copies of the books and records referred to in Section 4.01. Such
right may be exercised through any agent or employee of the Person exercising such right if
designated in writing by such Person or by an independent public accountant, engineer, attorney or
other agent so designated. Each Person exercising such right shall bear all costs and expenses
incurred by it in any inspection, examination or audit. Each Party shall review and respond in a
timely manner to any claims or inquiries made by the other Party regarding matters revealed by any
such inspection, examination or audit.

     Section 4.03 Reports. CVR shall prepare and deliver to GP any reports provided for in
this Agreement and such other reports as GP may reasonably request from time to time regarding the
performance of the Services.

ARTICLE V

INTELLECTUAL PROPERTY

     Section 5.01 Ownership by CVR and License to MLP. Any (i) inventions, whether
patentable or not, developed or invented, or (ii) copyrightable material (and the intangible rights
of copyright therein) developed, by CVR, its Affiliates or its or their employees in connection
with the performance of the Services shall be the property of CVR; provided, however, that MLP
shall be granted an irrevocable, royalty-free, non-exclusive and non-transferable right and license
to use such inventions or material; and further provided, however, that MLP shall only be granted
such a right and license to the extent such grant does not conflict with, or result in a breach,
default, or violation of a right or license to use such inventions or material granted to CVR by
any Person other than an Affiliate of CVR. Notwithstanding the foregoing, CVR will use all
commercially reasonable efforts to grant such right and license to MLP.

     Section 5.02 License to CVR and its Affiliates. MLP hereby grants, and will cause its
Affiliates to grant, to CVR and its Affiliates an irrevocable, royalty-free, non-exclusive and
non-transferable right and license to use, during the term of this Agreement, any intellectual
property provided by MLP or its Affiliates to CVR or its Affiliates, but only to the extent such
use is necessary for the performance of the Services. CVR agrees that CVR and its Affiliates will
utilize such intellectual property solely in connection with the performance of the Services.

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ARTICLE VI

TERMINATION

     Section 6.01 Termination By GP.

     (a) Upon the occurrence of any of the following events, GP may terminate this Agreement
by giving written notice of such termination to CVR:

     (i) CVR becomes Bankrupt; or

     (ii) CVR dissolves and commences liquidation or winding-up.

Any termination under this Section 6.01(a) shall become effective immediately upon delivery
of the notice first described in this Section 6.01(a), or such later time (not to exceed
the first anniversary of the delivery of such notice) as may be specified by GP.

     (b) In addition to its rights under Section 6.01(b), GP may terminate this
Agreement at any time by giving notice of such termination to CVR. Any termination under
this Section 6.01(b) shall become effective 90 days after delivery of such notice,
or such later time (not to exceed the first anniversary of the delivery of such notice) as
may be specified by GP.

     Section 6.02 Termination By CVR. CVR may terminate this Agreement at any time by
giving notice of such termination to GP. Any termination under this Section 6.02 shall
become effective 90 days after delivery of such notice, or such later time (not to exceed the first
anniversary of the delivery of such notice) as may be specified by CVR.

     Section 6.03 Effect of Termination. If this Agreement is terminated in accordance
with Section 6.01 or Section 6.02, all rights and obligations under this Agreement
shall cease except for (a) obligations that expressly survive termination of this Agreement; (b)
liabilities and obligations that have accrued prior to such termination, including the obligation
to pay any amounts that have become due and payable prior to such termination, and (c) the
obligation to pay any portion of any Payment Amount that has accrued prior to such termination,
even if such portion has not become due and payable at that time.

ARTICLE VII

ADDITIONAL REPRESENTATIONS AND WARRANTIES

     Section 7.01 Representations and Warranties of CVR. CVR hereby represents, warrants
and covenants to MLP and to GP that as of the date hereof:

     (a) CVR is duly organized, validly existing, and in good standing under the laws of the
State of Delaware; CVR is duly qualified and in good standing in the States required in
order to perform the Services except where failure to be so qualified or in good standing
could not reasonably be expected to have a material adverse impact on GP

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or MLP; and CVR has full power and authority to execute and deliver this Agreement and
to perform its obligations hereunder

     (b) CVR has duly executed and delivered this Agreement, and this Agreement constitutes
the legal, valid and binding obligation of CVR, enforceable against it in accordance with
its terms (except as may be limited by bankruptcy, insolvency or similar laws of general
application and by the effect of general principles of equity, regardless of whether
considered at law or in equity); and

     (c) The authorization, execution, delivery, and performance of this Agreement by CVR
does not and will not (i) conflict with, or result in a breach, default or violation of, (A)
its limited certificate of formation or limited liability company agreement, (B) any
contract or agreement to which it is a party or is otherwise subject, or (C) any law, order,
judgment, decree, writ, injunction or arbitral award to which it is subject; or (ii) require
any consent, approval or authorization from, filing or registration with, or notice to, any
governmental authority or other Person, unless such requirement has already been satisfied,
except, in the case of clauses (i)(B) and (i)(C), for such conflicts, breaches, defaults or
violations that would not have a material adverse effect on CVR or on its ability to perform
its obligations hereunder, and except, in the case of clause (ii), for such consents,
approvals, authorizations, filings, registrations or notices, the failure of which to obtain
or make would not have a material adverse effect on CVR or on its ability to perform its
obligations hereunder.

     Section 7.02 Representations and Warranties of GP and MLP. Each of GP and MLP hereby
represents, warrants and covenants to CVR that as of the date hereof:

     (a) Each of GP and MLP is duly organized, validly existing, and in good standing under
the laws of the jurisdiction of its formation; each of GP and MLP has full power and
authority to execute and deliver this Agreement and to perform its obligations hereunder;

     (b) Each of GP and MLP has duly executed and delivered this Agreement, and this
Agreement constitutes the legal, valid and binding obligation of each such Person
enforceable against it in accordance with its terms (except as may be limited by bankruptcy,
insolvency or similar laws of general application and by the effect of general principles of
equity, regardless of whether considered at law or in equity); and

     (c) The authorization, execution, delivery, and performance of this Agreement by each
of GP and MLP does not and will not (i) conflict with, or result in a breach, default or
violation of, (A) the limited liability company agreement of GP or the partnership agreement
of MLP, (B) any contract or agreement to which such Person is a party or is otherwise
subject, or (C) any law, order, judgment, decree, writ, injunction or arbitral award to
which such Person is subject; or (ii) require any consent, approval or authorization from,
filing or registration with, or notice to, any governmental authority or other Person,
unless such requirement has already been satisfied, except, in the case of clause (i)(B) and
(i)(C), for such conflicts, breaches, defaults or violations that would not have a material
adverse effect on GP or MLP or on their ability to perform their

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obligations hereunder, and except, in the case of clause (ii), for such consents,
approvals, authorizations, filings, registrations or notices, the failure of which to obtain
or make would not have a material adverse effect on GP or MLP or on their ability to perform
their respective obligations hereunder.

ARTICLE VIII

ADDITIONAL REQUIREMENTS

     Section 8.01 Indemnity. The Services Recipients shall indemnify, reimburse, defend
and hold harmless CVR and its Affiliates and their respective successors and permitted assigns,
together with their respective employees, officers, members, managers, directors, agents and
representatives (collectively the “Indemnified Parties”), from and against all losses
(including lost profits), costs, damages, injuries, taxes, penalties, interests, expenses,
obligations, claims and liabilities (joint or severable) of any kind or nature whatsoever
(collectively “Losses”) that are incurred by such Indemnified Parties in connection with,
relating to or arising out of (i) the breach of any term or condition of this Agreement, or (ii)
the performance of any Services hereunder; provided, however, that the Services Recipients shall
not be obligated to indemnify, reimburse, defend or hold harmless any Indemnified Party for any
Losses Incurred, by such Indemnified Party in connection with, relating to or arising out of:

     (a) a breach by such Indemnified Party of this Agreement;

     (b) the gross negligence, willful misconduct, bad faith or reckless disregard of such
Indemnified Party in the performance of any Services hereunder; or

     (c) fraudulent or dishonest acts of such Indemnified Party with respect to the Services
Recipients.

The rights of any Indemnified Party referred to above shall be in addition to any rights that such
Indemnified Party shall otherwise have at law or in equity. Without the prior written consent of
the Services Recipients, no Indemnified Party shall settle, compromise or consent to the entry of
any judgment in, or otherwise seek to terminate any, claim, action, proceeding or investigation in
respect of which indemnification could be sought hereunder unless (a) such Indemnified Party
indemnifies the Services Recipients from any liabilities arising out of such claim, action,
proceeding or investigation, (b) such settlement, compromise or consent includes an unconditional
release of the Services Recipients and Indemnified Party from all liability arising out of such
claim, action, proceeding or investigation and (c) the parties involved agree that the terms of
such settlement, compromise or consent shall remain confidential. In the event that
indemnification is provided for under any other agreements between CVR or any of its Affiliates and
any of the Services Recipients or any of their Affiliates, and such indemnification is for any
particular Losses, then such indemnification (and any limitations thereon) as provided in such
other agreement shall apply as to such particular Losses and shall supersede and be in lieu of any
indemnification that would otherwise apply to such particular Losses under this Agreement.

     Section 8.02 Limitation of Duties and Liability. The relationship of CVR to the
Services Recipients is as an independent contractor and nothing in this Agreement shall be
construed to impose on CVR, or on any of its Affiliates, or on any of their respective successors

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and permitted assigns, or on their respective employees, officers, members, managers,
directors, agents and representatives, an express or implied fiduciary duty. CVR and its
Affiliates and their respective successors and permitted assigns, together with their respective
employees, officers, members, managers, directors, agents and representatives, shall not be liable
for, and the Services Recipients shall not take, or permit to be taken, any action against any of
such Persons to hold such Persons liable for, (a) any error of judgment or mistake of law or for
any liability or loss suffered by the Services Recipients in connection with the performance of any
Services under this Agreement, except for a liability or loss resulting from gross negligence,
willful misconduct, bad faith or reckless disregard in the performance of the Services, or (b) any
fraudulent or dishonest acts with respect to the Services Recipients. In no event, whether based
on contract, indemnity, warranty, tort (including negligence), strict liability or otherwise, shall
CVR or its Affiliates, their respective successors and permitted assigns, or their respective
employees, officers, members, managers, directors, agents and representatives, be liable for loss
of profits or revenue or special, incidental, exemplary, punitive or consequential damages.

     Section 8.03 Reliance. CVR and its Affiliates and their respective successors and
permitted assigns, together with their respective employees, officers, members, managers,
directors, agents and representatives, may take and may act and rely upon:

     (a) the opinion or advice of legal counsel, which may be in-house counsel to the
Services Recipients or to CVR or its Affiliates, any U.S.-based law firm, or other legal
counsel reasonably acceptable to the Boards of Directors of the Services Recipients, in
relation to the interpretation of this Agreement or any other document (whether statutory or
otherwise) or generally in connection with the Services Recipients;

     (b) advice, opinions, statements or information from bankers, accountants, auditors,
valuation consultants and other consulted Persons who are in each case believed by the
relying Person in good faith to be expert in relation to the matters upon which they are
consulted; or

     (c) any other document provided in connection with the Services Recipients upon which
it is reasonable for the applicable Person to rely.

A Person shall not be liable for anything done, suffered or omitted by it in good faith in reliance
upon such opinion, advice, statement, information or document.

     Section 8.04 Services to Others. While CVR is providing the Services under this
Agreement, CVR shall also be permitted to provide services, including services similar to the
Services covered hereby, to others, including Affiliates of CVR.

     Section 8.05 Transactions With Affiliates. CVR may recommend to the Services
Recipients, and may engage in, transactions with any of CVR’s Affiliates; provided, that any such
transactions shall be subject to the authorization and approval of the Services Recipients’ Boards
of Directors, as applicable.

     Section 8.06 Sharing of Information. CVR, and its Affiliates and other agents or
representatives, shall be permitted to share Services Recipients’ information with its Affiliates

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and other Persons as reasonably necessary to perform the Services, subject to appropriate and
reasonable confidentiality arrangements.

     Section 8.07 Disclosure of Remuneration. CVR shall disclose the amount of
remuneration of the Chief Financial Officer and any other officer or employee shared with or
seconded to the Services Recipients, including the Chief Executive Officer, to the Boards of
Directors of the Services Recipients to the extent required for the Services Recipients to comply
with the requirements of applicable law, including applicable Federal securities laws.

     Section 8.08 Additional Seconded Personnel or Shared Personnel. CVR and the Services
Recipients’ Boards of Directors may agree from time to time that CVR shall provide additional
Seconded Personnel or Shared Personnel, upon such terms as the Manager and the Services Recipients’
Board of Directors may mutually agree. Any such individuals shall have such titles and fulfill such
functions as CVR and the Services Recipients may mutually agree.

     Section 8.09 Plant Personnel. Personnel performing the actual day-to-day business and
operations of Fertilizer at the plant level will be employed by Fertilizer and Fertilizer will bear
all Personnel Costs or other costs relating to such personnel.

     Section 8.10 Election. The Services Recipients shall cause the election of any
Seconded Personnel or Shared Personnel to the extent required by the organizational documents of
the Services Recipients. The Services Recipients’ Board of Directors, after due consultation with
CVR, may at any time request that CVR replace any Seconded Personnel and CVR shall, as promptly as
practicable, replace any individual with respect to whom such Board of Directors shall have made
its request, subject to the requirements for the election of officers under the organizational
documents of the Services Recipients.

ARTICLE IX

DISPUTES

     Section 9.01 Resolution of Disputes. The Parties shall in good faith attempt to
resolve promptly and amicably any dispute between the Parties arising out of or relating to this
Agreement (each a “Dispute”) pursuant to this Article IX. The Parties shall first submit
the Dispute to the CVR Representative and the GP/MLP Representative, who shall then meet within
fifteen (15) days to resolve the Dispute. If the Dispute has not been resolved within forty-five
(45) days after the submission of the Dispute to the CVR Representative and the GP/MLP
Representative, the Dispute shall be submitted to a mutually agreed non-binding mediation. The
costs and expenses of the mediator shall be borne equally by the Parties, and the Parties shall pay
their own respective attorneys’ fees and other costs. If the Dispute is not resolved by mediation
within ninety (90) days after the Dispute is first submitted to the CVR Representative and the
GP/MLP Representative as provided above, then the Parties may exercise all available remedies.

     Section 9.02 Multi-Party Disputes. The Parties acknowledge that they or their
respective affiliates contemplate entering or have entered into various additional agreements with
third parties that relate to the subject matter of this Agreement and that, as a consequence,
Disputes may arise hereunder that involve such third parties (each a “Multi-Party
Dispute”).

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Accordingly, the Parties agree, with the consent of such third parties, that any such
Multi-Party Dispute, to the extent feasible, shall be resolved by and among all the interested
parties consistent with the provisions of this Article IX.

ARTICLE X

MISCELLANEOUS

     Section 10.01 Notices. Except as expressly set forth to the contrary in this
Agreement, all notices, requests or consents provided for or permitted to be given under this
Agreement must be in writing and must be delivered to the recipient in person, by courier or mail
or by facsimile, telegram, telex, cablegram or similar transmission; and a notice, request or
consent given under this Agreement is effective on receipt by the Party to receive it; provided,
however, that a facsimile or other electronic transmission that is transmitted after the normal
business hours of the recipient shall be deemed effective on the next business day. All notices,
requests and consents to be sent to MLP must be sent to GP. All notices, requests and consents
(including copies thereof) to be sent to GP must be sent to or made at the address given below for
GP.

	 	 	 	 	 
	If to GP or MLP:

	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	If to CVR:
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	 

	 	 	 	 

     Section 10.02 Effect of Waiver or Consent. Except as otherwise provided in this
Agreement, a waiver or consent, express or implied, to or of any breach or default by any Party in
the performance by that Party of its obligations under this Agreement is not a consent or waiver to
or of any other breach or default in the performance by that Party of the same or any other
obligations of that Party under this Agreement. Except as otherwise provided in this Agreement,
failure on the part of a Party to complain of any act of another Party or to declare another Party
in default under this Agreement, irrespective of how long that failure continues, does not
constitute a waiver by that Party of its rights with respect to that default until the applicable
statute-of-limitations period has run.

     Section 10.03 Headings; References; Interpretation. All Article and Section headings
in this Agreement are for convenience only and will not be deemed to control or affect the meaning
or construction of any of the provisions hereof. The words “hereof,” “herein” and “hereunder” and
words of similar import, when used in this Agreement, will refer to this Agreement as a whole, and
not to any particular provision of this Agreement. All references herein to Articles and Sections
will, unless the context requires a different construction, be deemed to be references to the
Articles and Sections of this Agreement, respectively. All personal pronouns used in this
Agreement, whether used in the masculine, feminine or neuter gender, will include all other
genders, and the singular will include the plural and vice versa. The terms “include,” “includes,”
“including” or words of like import will be deemed to be followed by the words “without
limitation.”

12

 

     Section 10.04 Successors and Assigns. This Agreement will be binding upon and inure
to the benefit of the Parties and their respective successors and assigns.

     Section 10.05 No Third Party Rights. The provisions of this Agreement are intended to
bind the parties signatory hereto as to each other and are not intended to and do not create rights
in any other person or confer upon any other person any benefits, rights or remedies, and no person
is or is intended to be a third party beneficiary of any of the provisions of this Agreement.

     Section 10.06 Counterparts. This Agreement may be executed in any number of
counterparts, all of which together will constitute one agreement binding on the Parties.

     Section 10.07 Governing Law. THIS AGREEMENT IS GOVERNED BY AND SHALL BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF KANSAS.

     Section 10.08 Submission to Jurisdiction; Waiver of Jury Trial. Subject to the
provisions of Article IX, each of the Parties hereby irrevocably acknowledges and consents
that any legal action or proceeding brought with respect to any of the obligations arising under or
relating to this Agreement may be brought in the courts of the State of Kansas, or in the United
States District Court for the District of Kansas and each of the Parties hereby irrevocably submits
to and accepts with regard to any such action or proceeding, for itself and in respect of its
property, generally and unconditionally, the non-exclusive jurisdiction of the aforesaid courts.
Each Party hereby further irrevocably waives any claim that any such courts lack jurisdiction over
such Party, and agrees not to plead or claim, in any legal action or proceeding with respect to
this Agreement or the transactions contemplated hereby brought in any of the aforesaid courts, that
any such court lacks jurisdiction over such Party. Each Party irrevocably consents to the service
of process in any such action or proceeding by the mailing of copies thereof by registered or
certified mail, postage prepaid, to such party, at its address for notices set forth in this
Agreement, such service to become effective ten (10) days after such mailing. Each Party hereby
irrevocably waives any objection to such service of process and further irrevocably waives and
agrees not to plead or claim in any action or proceeding commenced hereunder or under any other
documents contemplated hereby that service of process was in any way invalid or ineffective. The
foregoing shall not limit the rights of any Party to serve process in any other manner permitted by
applicable law. The foregoing consents to jurisdiction shall not constitute general consents to
service of process in the State of Kansas for any purpose except as provided above and shall not be
deemed to confer rights on any Person other than the respective Parties. Each of the Parties
hereby waives any right it may have under the laws of any jurisdiction to commence by publication
any legal action or proceeding with respect this Agreement. To the fullest extent permitted by
applicable law, each of the Parties hereby irrevocably waives the objection which it may now or
hereafter have to the laying of the venue of any suit, action or proceeding arising out of or
relating to this Agreement in any of the courts referred to in this Section 10.08 and hereby
further irrevocably waives and agrees not to plead or claim that any such court is not a convenient
forum for any such suit, action or proceeding. The Parties agree that any judgment obtained by any
Party or its successors or assigns in any action, suit or proceeding referred to above may, in the
discretion of such Party (or its successors or assigns), be enforced in any jurisdiction, to the
extent permitted by applicable law. The Parties agree that the remedy at law for any breach of this
Agreement may be inadequate and that should any

13

 

dispute arise concerning any matter hereunder, this Agreement shall be enforceable in a court
of equity by an injunction or a decree of specific performance. Such remedies shall, however, be
cumulative and nonexclusive, and shall be in addition to any other remedies which the Parties may
have. Each Party hereby waives, to the fullest extent permitted by applicable law, any right it may
have to a trial by jury in respect of any litigation as between the Parties directly or indirectly
arising out of, under or in connection with this Agreement or the transactions contemplated hereby
or disputes relating hereto. Each Party (i) certifies that no representative, agent or attorney of
any other Party has represented, expressly or otherwise, that such other Party would not, in the
event of litigation, seek to enforce the foregoing waiver and (ii) acknowledges that it and the
other Parties have been induced to enter into this Agreement by, among other things, the mutual
waivers and certifications in this Section 10.08.

     Section 10.09 Remedies to Prevailing Party. If any action at law or equity is
necessary to enforce or interpret the terms of this Agreement, the prevailing party shall be
entitled to reasonable attorneys’ fees, costs, and necessary disbursements in addition to any other
relief to which such party may be entitled.

     Section 10.10 Severability. If any provision of this Agreement or the application
thereof to any Person or any circumstance is held invalid or unenforceable to any extent, the
remainder of this Agreement and the application of such provision to other Persons or circumstances
shall not be affected thereby and shall be enforced to the greatest extent permitted by law.

     Section 10.11 Amendment or Modification. This Agreement may be amended or modified
from time to time only by the written agreement of all the Parties.

     Section 10.12 Integration. This Agreement and the instruments referenced herein
supersede all previous understandings or agreements among the Parties, whether oral or written,
with respect to its subject matter. This document and such instruments contain the entire
understanding of the Parties. No understanding, representation, promise or agreement, whether oral
or written, is intended to be or will be included in or form part of this Agreement unless it is
contained in a written amendment hereto executed by the Parties after the date of this Agreement.

     Section 10.13 Further Assurances. In connection with this Agreement and the
transactions contemplated hereby, each Party shall execute and deliver any additional documents and
instruments and perform any additional acts that may be reasonably necessary or appropriate to
effectuate and perform the provisions of this Agreement and those transactions.

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]

14

 

     IN WITNESS WHEREOF, this Agreement has been duly executed by the Parties as of the date first
written above.

	 	 	 	 	 
	 	CVR PARTNERS, LP

 	 
	 	By:  	CVR GP, LLC
 	 
	 	 	its Managing General Partner 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 
	 	CVR GP, LLC

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	CVR ENERGY, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 

Services Agreement

Signature Page

 

 

Exhibit 1

     The Services shall include the following:

	 	•	 	services in capacities equivalent to the capacities of corporate executive officers,
except that the persons serving in such capacities shall serve in such capacities as
Shared Personnel on a shared, part-time basis only, unless and to the extent otherwise
agreed by CVR;
	 
	 	•	 	safety and environmental advice;
	 
	 	•	 	administrative and professional services, including legal, accounting, human
resources, insurance, tax, credit, finance, government affairs, and regulatory affairs;
	 
	 	•	 	manage the Services Recipients’ day-to-day business and operations, including
managing its liquidity and capital resources and compliance with applicable law;
	 
	 	•	 	establishing and maintaining books and records of the Services Recipients in
accordance with customary practice and GAAP;
	 
	 	•	 	recommend to the Services Recipients’ Board of Directors (x) capital raising
activities, including the issuance of debt or equity securities of the Services
Recipients, the entry into credit facilities or other credit arrangements, structured
financings or other capital market transactions, (y) changes or other modifications in
the capital structure of the Services Recipients, including repurchases;
	 
	 	•	 	recommend to the Services Recipients’ Board of Directors the engagement of or, if
approval is not otherwise required hereunder, engage agents, consultants or other third
party service providers to the Services Recipients, including accountants, lawyers or
experts, in each case, as may be necessary by the Services Recipients from time to
time;
	 
	 	•	 	manage the Services Recipients’ property and assets in the ordinary course of
business;
	 
	 	•	 	manage or oversee litigation, administrative or regulatory proceedings,
investigations or any other reviews of the Services Recipients’ business or operations
that may arise in the ordinary course of business or otherwise, subject to the approval
of the Services Recipients’ Board of Directors to the extent necessary in connection
with the settlement, compromise, consent to the entry of an order or judgment or other
agreement resolving any of the foregoing;
	 
	 	•	 	establish and maintain appropriate insurance policies with respect to the Services
Recipients’ business and operations;

 

 

	 	•	 	recommend to the Services Recipients’ Board of Directors the payment of dividends or
other distributions on the equity interests of the Services Recipients;
	 
	 	•	 	attend to the timely calculation and payment of taxes payable, and the filing of all
taxes return due, by the Services Recipients; and
	 
	 	•	 	manage or provide advice or recommendations for other projects of the Services
Recipients, as may be agreed to between the GP and CVR from time to time.EX-10.31

 

Exhibit 10.31

[Form of Omnibus Agreement]

 

 

 

 

 

 

 

OMNIBUS AGREEMENT

among

CVR ENERGY, INC.

CVR GP, LLC

CVR PARTNERS, LP

and

CVR SPECIAL GP, LLC

 

 

 

 

 

 

 

 

 

OMNIBUS AGREEMENT

          THIS OMNIBUS AGREEMENT (this “Agreement”) is entered into on, and effective as of, the Closing
Date (as defined herein), and is by and among CVR Energy, Inc., a Delaware corporation (“CVR”), CVR
GP, LLC, a Delaware limited liability company (the “Managing General Partner”), CVR Partners, LP, a
Delaware limited partnership (the “Partnership”) and CVR Special GP, LLC, a Delaware limited
liability company (“Special General Partner”). The above-named entities are sometimes referred to
in this Agreement each as a “Party” and collectively as the “Parties.”

R E C I T A L S:

          The Parties desire by their execution of this Agreement to evidence their agreement, as more
fully set forth in Article II, with respect to those business opportunities that the CVR Entities
(as defined herein) will not engage in during the term of this Agreement unless the Partnership
Entities have declined to engage in any such business opportunities for their own account.

          The Parties desire by their execution of this Agreement to evidence their agreement, as more
fully set forth in Article II, with respect to those business opportunities that the Partnership
Entities (as defined herein) will not engage in during the term of this Agreement unless the CVR
Entities have declined to engage in any such business opportunities for their own account.

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

ARTICLE I

DEFINITIONS

          Section 1.1 Definitions.

          Capitalized terms used herein but not defined shall have the meanings given them in the
Partnership Agreement. As used in this Agreement, the following terms shall have the respective
meanings set forth below:

“Acquiring Party” is defined in Section 2.5(a).

“Affiliate” is defined in the Partnership Agreement.

“Break-up Costs” means the aggregate amount of any and all additional taxes and other
similar costs to (a) the CVR Entities that would be required to transfer Fertilizer Assets
acquired by the CVR Entities as part of a larger transaction to a Partnership Group Member
pursuant to Section 2.2(b) or (b) the Partnership Group that would be required to

-2-

 

transfer Refinery Assets acquired by the Partnership Group as part of a larger transaction
to a CVR Entity pursuant to Section 2.4(a).

“Closing Date” is defined in the Partnership Agreement.

“Code” means Internal Revenue Code of 1986, as amended.

“Contribution Agreement” means that certain Contribution, Conveyance and Assumption
Agreement, dated as of the date hereof, among the Managing General Partner, the Partnership,
the Special General Partner, CVR, LLC and certain other parties, together with the
additional conveyance documents and instruments contemplated or referenced thereunder.

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

“CVR” is defined in the introduction to this Agreement.

“CVR Entities” means CVR and any Person controlled, directly or indirectly, by CVR other
than the Partnership Entities.

“CVR Entity” means any of the CVR Entities.

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

“Fertilizer Restricted Businesses” is defined in Section 2.1.

“Fertilizer Asset” any asset or group of related assets used in any Fertilizer Restricted
Business.

“Limited Partner” is defined in the Partnership Agreement.

“Managing General Partner” is defined in the introduction to this Agreement.

“Offer Period” is defined in Section 2.5(e).

“Offered Assets” is defined in Section 2.5(a).

“Offeree” is defined in Section 2.5(a).

“Other Business Opportunity” means a business opportunity with respect to any assets other
than Fertilizer Assets or Refinery Assets.

“Other Business Opportunity Information” is defined in Section 2.6.

“Partnership Agreement” means the Agreement of Limited Partnership of CVR Partners, LP,
dated as of the Closing Date, as such agreement is in effect on the Closing Date, to which
reference is hereby made for all purposes of this Agreement. No amendment or

-3-

 

modification to the Partnership Agreement subsequent to the Closing Date shall be given
effect for the purposes of this Agreement unless consented to in writing by each of the
Parties to this Agreement.

“Partnership Entities” means the Managing General Partner and each member of the Partnership
Group.

“Partnership Entity” means any of the Partnership Entities.

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

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

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

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

“Refinery Restricted Businesses” is defined in Section 2.3.

“Refinery Asset” means any asset or group of related assets used in any Refinery Restricted
Business.

“Restricted Business” means, as applicable, the Refinery Restricted Business or the
Fertilizer Restricted Business.

“Retained Assets” means any assets and investments owned or operated by any of the CVR
Entities as of the Closing Date that were not conveyed, contributed or otherwise transferred
to the Partnership Group prior to or on the Closing Date pursuant to the Contribution
Agreement or otherwise.

“Special General Partner” is defined in the introduction to this Agreement.

“Special General Partner Interest” is defined in the Partnership Agreement.

“Subsidiary” means, with respect to any Person, (a) a corporation of which more than 50% of
the voting power of shares entitled (without regard to the occurrence of any contingency) to
vote in the election of directors or other governing body of such corporation is owned,
directly or indirectly, at the date of determination, by such Person, by one or more
Subsidiaries of such Person or a combination thereof, (b) a partnership (whether general or
limited) in which such Person or a Subsidiary of such Person is, at the date of
determination, a general or limited partner of such partnership, but only if more than 50%
of the partnership interests of such partnership (considering all of the partnership
interests of the partnership as a single class) is owned, directly or indirectly, at the
date of determination, by such Person, by one or more Subsidiaries of such Person, or a
combination thereof, or (c) any other Person (other than a corporation or a partnership) in
which such Person, one or more Subsidiaries of such Person, or a

-4-

 

combination thereof, directly or indirectly, at the date of determination, has (i) at least
a majority ownership interest or (ii) the power to elect or direct the election of a
majority of the directors or other governing body of such Person.

“transfer” including the correlative terms “transferring” or “transferred” means any
direct or indirect transfer, assignment, sale, gift, pledge, hypothecation or other
encumbrance, or any other disposition (whether voluntary, involuntary or by operation of
law) of any assets, properties or rights.

ARTICLE II

BUSINESS OPPORTUNITIES

          Section 2.1 Fertilizer Restricted Businesses

     . For so long as any CVR Entity continues to own at least 50% of the Outstanding Units of the
Partnership, and except as permitted by Section 2.2, each of the CVR Entities shall be prohibited
from engaging in, whether by acquisition, construction, investment in debt or equity securities of
any Person or otherwise, any business having assets engaged in the following businesses (the
“Fertilizer Restricted Businesses”): the production, transportation or distribution, on a wholesale
basis, of fertilizer in the contiguous United States.

          Section 2.2 Fertilizer Permitted Exceptions

     . Notwithstanding any provision of Section 2.1 to the contrary, the CVR Entities may engage in the
following activities under the following circumstances:

          (a) the ownership and/or operation of any of the Retained Assets (including replacements and
natural extensions of the Retained Assets);

          (b) engaging in any Fertilizer Restricted Business acquired by a CVR Entity as part
of a business or package of assets after the Closing Date if the fair market value of the
Fertilizer Assets represents less than a majority of the fair market value of the total assets or
business acquired (fair market value as determined in good faith by the board of directors of CVR);
provided the Partnership Group will be offered the opportunity to acquire such Fertilizer Assets in
accordance with Section 2.5;

          (c) engaging in any Fertilizer Restricted Business subject to the offer to the Partnership
Group set forth in Section 2.5 pending the Managing General Partner’s determination whether to
cause any Partnership Group Member to accept such offer and pending the closing of any offers any
Partnership Group Member accepts;

          (d) engaging in any Fertilizer Restricted Business with respect to which the Managing General
Partner has advised CVR that the Managing General Partner’s board of directors has elected not to
cause a Partnership Group Member to acquire (or seek to acquire); and

          (e) the purchase and ownership of up to 9.9% of any class of securities of any publicly-traded
entity engaged in any Fertilizer Restricted Business.

-5-

 

          Section 2.3 Refinery Restricted Businesses

     . For so long as any CVR Entity continues to own at least 50% of the Outstanding Units of the
Partnership and except as permitted by Section 2.4, each of the Partnership Entities shall be
prohibited from, whether by acquisition, construction, investment in debt or equity securities of
any Person or otherwise, engaging in the following businesses (the “Refinery Restricted
Businesses”):

          (a) the ownership or operation within the United States of any refinery with processing
capacity greater than 20,000 barrels per day whose primary business is producing transportation
fuels; or

          (b) the ownership or operation outside the United States of any refinery.

          Section 2.4 Refinery Permitted Exceptions

     . Notwithstanding any provision of Section 2.3 to the contrary, the Partnership Entities may
engage in the following activities under the following circumstances:

          (a) engaging in any Refinery Restricted Business acquired by a Partnership Entity as part of a
business or package of assets after the Closing Date if the fair market value of the Refinery
Assets represents less than a majority of the fair market value of the total assets or business
acquired (fair market value as determined in good faith by the board of directors of the Managing
General Partner); provided the CVR Entities will be offered the opportunity to acquire such
Refinery Assets in accordance with Section 2.5;

          (b) engaging in any Refinery Restricted Business subject to the offer to the CVR Entities set
forth in Section 2.5 pending CVR’s determination whether to cause any CVR Entity to accept such
offer and pending the closing of any offers any Partnership Entity accepts;

          (c) engaging in any Refinery Restricted Business with respect to which CVR has advised the
Managing General Partner that CVR’s board of directors has elected not to cause a CVR Entity to
acquire (or seek to acquire); and

          (d) the purchase and ownership of up to 9.9% of any class of securities of any publicly-traded
entity engaged in any Refinery Restricted Business.

          Section 2.5 Procedures.

          (a) In the event that (i) a CVR Entity acquires Fertilizer Assets described in Section 2.2(b),
or (ii) a Partnership Group Member acquires any Refinery Assets described in Section 2.4(a), then
as soon as reasonably practicable, but in any event within 365 days of the closing of the
acquisition, such acquiring Party (the “Acquiring Party”) shall notify (A) the Managing General
Partner, in the case of an acquisition by a CVR Entity or (B) CVR, in the case of an acquisition by
a Partnership Group Member, in writing of such acquisition and offer such party to be notified
(each an “Offeree”) the opportunity for the Offeree (or, in the case of the Managing General
Partner, any Partnership Group Member and, in the case of CVR, any other CVR Entity) to purchase
such Fertilizer Assets or Refinery Assets, as applicable (the “Offered Assets”).

-6-

 

          (b) The purchase price for any Offered Assets shall be the Offered Assets’ fair market value
(plus any Break-up Costs).

          (c) The Offer shall set forth the Acquiring Party’s proposed terms relating to the purchase of
the Offered Assets by the Offeree (or, in the case of the Managing General Partner, any Partnership
Group Member and, in the case of CVR, any other CVR Entity), including any liabilities to be
assumed by the Offeree as part of the Offer.

          (d) As soon as practicable after the Offer is made, the Acquiring Party will deliver to the
Offeree all information prepared by or on behalf of or in the possession of such Acquiring Party
relating to the Offered Assets and reasonably requested by the Offeree. As soon as practicable,
but in any event, within 90 days after receipt of such notification, the Offeree shall notify the
Acquiring Party in writing that either

          (i) the Offeree has elected not to purchase (or not to cause any of its permitted
Affiliates to purchase) the Offered Assets, in which event the Acquiring Party and its
Affiliates shall, subject to the other terms of this Agreement, be forever free to continue
to own or operate such Offered Assets; or

          (ii) the Offeree has elected to purchase (or to cause any of its permitted Affiliates
to purchase) the Offered Assets, in which event the procedures set forth in Section 2.5(e)
shall be followed.

          (e) In the event of a proposed purchase pursuant to Section 2.5(d)(ii):

          (i) After the receipt of the Offer by the Offeree, the Acquiring Party and the Offeree
shall negotiate in good faith to agree upon the fair market value (and any Break-up Costs)
of the Offered Assets that are subject to the Offer and the other terms of the Offer on
which the Offered Assets will be sold to the Offeree. If the Acquiring Party and the
Offeree agree on the fair market value of the Offered Assets that are subject to the Offer
and the other terms of the Offer during the 30-day period after receipt by the Acquiring
Party of the Offeree’s election to purchase (or to cause any permitted Affiliate of the
Offeree to purchase) the Offered Assets (the “Offer Period”), the Offeree shall purchase (or
cause any of its permitted Affiliates to purchase) the Offered Assets on such terms as soon
as commercially practicable after such agreement has been reached.

          (ii) If the Acquiring Party and the Offeree are unable to agree on the fair market
value (and any Break-up Costs) of the Offered Assets that are subject to the Offer or on any
other terms of the Offer during the Offer Period, the Acquiring Party and the Offeree will
engage an independent investment banking firm or other appraisal firm to determine the fair
market value (and any Break-up Costs) of the Offered Assets and/or the other terms on which
the Acquiring Party and the Offeree are unable to agree. In determining the fair market
value of the Offered Assets and other terms on which the Offered Assets are to be sold, the
investment banking firm or other appraisal firm will have access to the proposed sale and
purchase values and terms for the Offer submitted by the Acquiring Party and the Offeree,
respectively, and to all information prepared by or on behalf of the Acquiring Party
relating to the Offered Assets and reasonably

-7-

 

requested by such investment banking firm or other appraisal firm and shall be
permitted to consider the purchase price paid by the Acquiring Party for the Offered Assets.
Such investment banking firm or other appraisal firm will determine the fair market value
(and any Break-up Costs) of the Offered Assets and/or the other terms on which the Acquiring
Party and the Offeree are unable to agree within 60 days of its engagement and furnish the
Acquiring Party and the Offeree its determination. The fees and expenses of the investment
banking firm will be divided equally between the Acquiring Party and the Offeree. Upon
receipt of such determination, the Offeree will have the option, but not the obligation, to
purchase the Offered Assets for the fair market value (and any Break-up Costs) and on the
other terms determined by the investment banking firm or other appraisal firm, as soon as
commercially practicable after determinations have been made. The Offeree will provide
written notice of its decision to the Acquiring Party within 30 days after the investment
banking firm or other appraisal firm has submitted its determination and if the Offerree.
Failure to provide such notice within such 30-day period shall be deemed to constitute a
decision not to purchase the Offered Assets. If the Offeree decides to purchase the Offered
Assets the Offeree shall purchase (or cause any of its permitted Affiliates to purchase) the
Offered Asset as soon as commercially practicable after it has provided such notice.

          Section 2.6 Other Business Opportunities.

     . For so long as any CVR Entity continues to own at least 50% of the Outstanding Units of the
Partnership and except as permitted by Section 2.4, if any CVR Entity is presented with an
opportunity to pursue, purchase or invest in any Other Business Opportunity, such CVR Entity shall
give prompt written notice to the Managing General Partner, of the Other Business Opportunity.
Such notice shall set forth all information available to any CVR Entity including, but not limited
to, the identity of the Other Business Opportunity and its seller, the proposed price, all written
information about the Other Business Opportunity provided to any CVR Entity by and on behalf of the
seller as well as any information or analyses compiled by any CVR Entity from other sources (such
information referred to collectively herein as “Other Business Opportunity Information”). The CVR
Entities shall continue to provide to the Managing General Partner, promptly any and all Other
Business Opportunity Information subsequently received. The Parties shall maintain the
confidentiality of all such Other Business Opportunity Information, subject to compliance with
applicable law. As soon as practicable but in any event within thirty (30) days after receipt of
such initial notification and information, the Managing General Partner, on behalf of the
Partnership Group, shall notify CVR that either (a) the Managing General Partner has elected to
cause a member of the Partnership Group to pursue the opportunity to acquire or invest in the Other
Business Opportunity or (b) the Managing General Partner has elected not to cause a member of the
Partnership Group to pursue the opportunity to acquire or invest in the Other Business Opportunity.
If, at any time, the Managing General Partner or the Partnership Group Member abandons such
opportunity (as evidenced in writing by the Managing General Partner following the request of any
CVR Entity), any CVR Entity may pursue such opportunity without time limit. In no event shall any
provision of this Agreement require the Managing General Partner to approve any expansion of the
purpose of the Partnership, other than in its sole discretion, as set forth in Section 2.4 of the
Partnership Agreement.

-8-

 

          Section 2.7 Scope of Prohibition.

     . If any CVR Entity or Partnership Entity engages in a Restricted Business pursuant to any of the
exceptions described in Section 2.2 or Section 2.4, as applicable, such CVR Entity or Partnership
Entity may not subsequently expand that portion of their business except (i) pursuant to the
exceptions contained in such Sections Section 2.2 or Section 2.4 or (ii) to maintain or improve
their facilities comprising the Restricted Business or to expand their facilities with additional
facilities or assets that are physically connected, in a material manner, with the existing
facilities comprising the Restricted Business. Except as otherwise provided in this Agreement and
the Partnership Agreement, each CVR Entity and Each Partnership Entity shall be free to engage in
any business activity whatsoever, including those that may be in direct competition with the CVR
Entities or the Partnership Group

          Section 2.8 Enforcement

     . Each Party agrees and acknowledges that the other Parties do not have an adequate remedy at law
for the breach by any Party of its covenants and agreements set forth in this Article II, and that
any breach by any Party of its covenants and agreements set forth in this Article II would result
in irreparable injury to the other Parties. Each Party further agrees and acknowledges that any
other Party may, in addition to the other remedies which may be available to such other Party, file
a suit in equity to enjoin the breaching Party from such breach, and consent to the issuance of
injunctive relief relating to this Agreement. No Person, directly or indirectly controlled thereby
shall be liable for the failure of any other Person, directly or indirectly, controlled thereby to
comply with this Article II.

ARTICLE III

ARTICLE IVMISCELLANEOUS

          Section 4.1 Choice of Law; Submission to Jurisdiction

     . This Agreement shall be subject to and governed by the laws of the State of New York. THE
PARTIES AGREE THAT ANY ACTION BROUGHT IN CONNECTION WITH THIS AGREEMENT MAY BE MAINTAINED IN ANY
COURT OF COMPETENT JURISDICTION LOCATED IN THE STATE OF KANSAS, AND EACH PARTY AGREES TO SUBMIT
PERSONALLY TO THE JURISDICTION OF ANY SUCH COURT AND HEREBY WAIVES THE DEFENSES OF FORUM
NON-CONVENIENS OR IMPROPER VENUE WITH RESPECT TO ANY ACTION BROUGHT IN ANY SUCH COURT IN CONNECTION
WITH THIS AGREEMENT.

          Section 4.2 Notice

     . All notices or other communications required or permitted under, or otherwise in connection
with, this Agreement must be in writing and must be given by depositing same in the U.S. mail,
addressed to the Person to be notified, postpaid and registered or certified with return receipt
requested or by transmitting by national overnight courier or by delivering such notice in person
or by facsimile to such Party. Notice given by mail, national overnight courier or personal
delivery shall be effective upon actual receipt. Notice given by facsimile shall be effective upon

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confirmation of receipt when transmitted by facsimile if transmitted during the recipient’s normal
business hours or at the beginning of the recipient’s next business day after receipt if not
transmitted during the recipient’s normal business hours. All notices to be sent to a Party
pursuant to this Agreement shall be sent to or made at the address set forth below or at such other
address as such Party may stipulate to all other Parties in the manner provided in this Section
3.2.

if to the CVR Entities:

CVR Energy, Inc.

10 E. Cambridge Circle, Ste. 250

Kansas City, Kansas 66103

Attention: Edmund S. Gross

Facsimile No.: 913-981-0000

if to the Partnership Entities

CVR GP, LLC

10 E. Cambridge Circle, Ste. 250

Kansas City, Kansas 66103

Attention: Edmund S. Gross

Facsimile No.: 913-981-0000

          Section 4.3 Entire Agreement

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

          Section 4.4 Amendment or Modification

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

          Section 4.5 Assignment

     . No Party shall have the right to assign any of its rights or obligations under this Agreement
without the consent of the other Parties hereto.

          Section 4.6 Counterparts

     . This Agreement may be executed in any number of counterparts with the same effect as if all
signatory parties had signed the same document. All counterparts shall be construed together and
shall constitute one and the same instrument.

          Section 4.7 Severability

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

          Section 4.8 Further Assurances

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

          Section 4.9 Rights of Limited Partners; Third Party Beneficiaries

     . The provisions of this Agreement are enforceable solely by the Parties to this Agreement, and no
Limited Partner of the Partnership shall have the right, separate and apart from the Partnership,
to cause the Partnership to enforce any provision of this Agreement or to compel any Party to this
Agreement to comply with the terms of this Agreement. Goldman, Sachs & Co., Kelso & Company, L.P.
and their respective Affiliates and successors and assigns as owners of interests in the CVR
Entities or Partnership Entities shall be entitled to assert rights and remedies hereunder as a
third-party beneficiary hereto with respect to Section 4.10.

          Section 4.10 No Restrictions on Owners of Managing General Partner or CVR

     . Notwithstanding anything herein to the contrary, nothing herein shall be deemed to restrict
Goldman, Sachs & Co., Kelso & Company, L.P. or their respective Affiliates (other than the CVR
Entities and the Partnership Entities), or their respective successors and assigns as owners of
interests in the CVR Entities or Partnership Entities, from engaging in any banking, brokerage,
trading, market making, hedging, arbitrage, investment advisory, financial advisory, anti-raid
advisory, merger advisory, financing, lending, underwriting, asset management, principal investing,
mergers & acquisitions or other activities conducted in the ordinary course of their or their
Affiliates’ business in compliance with applicable law, including without limitation buying and
selling securities of any CVR Entity or Partnership Entity, entering into derivatives transactions
regarding or shorting securities of any CVR Entity or Partnership Entity, serving as a lender,
underwriter or market maker or issuing research with respect to securities of any CVR Entity or
Partnership Entity or acquiring, selling, making investments in or entering into other transactions
with companies or businesses in the same or similar lines of business as any CVR Entity or
Partnership Entity whether or not such investments or transactions are or may be competitive with
any business of any CVR Entity or Partnership Entity.

[SIGNATURE PAGE FOLLOWS]

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

	 	 	 	 	 
	 	 	CVR ENERGY, INC.
	 
	 	 	 	 
	 

	 	By:	 	 
	 

	 	 	 	 
	 

	 	 	 	[Name]

[Title]
	 
	 	 	 	 
	 	 	CVR GP, LLC
	 
	 	 	 	 
	 

	 	By:	 	 
	 

	 	 	 	 
	 

	 	 	 	[Name]

[Title]
	 
	 	 	 	 
	 	 	CVR PARTNERS, LP
	 
	 	 	 	 
	 

	 	By:
	 	CVR GP, LLC, its Managing General Partner
	 
	 	 	 	 
	 

	 	By:	 	 
	 

	 	 	 	 
	 

	 	 	 	[Name]
	 

	 	 	 	[Title]
	 
	 	 	 	 
	 	 	CVR SPECIAL GP, LLC
	 
	 	 	 	 
	 

	 	By:	 	 
	 

	 	 	 	 
	 

	 	 	 	[Name]

[Title]

Signature Page to Omnibus
Agreement

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