Document:

EX-10.9

 Exhibit 10.9 

FORM OF 
 AMENDED AND
RESTATED 
 AGREEMENT OF LIMITED PARTNERSHIP 

OF 
 CPG OPCO LP

 DATED AS OF
                    , 2015 

 AMENDED AND RESTATED 

AGREEMENT OF LIMITED PARTNERSHIP 

OF 
 CPG OPCO LP 

THIS AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF CPG OPCO LP, dated as of , 2015, is entered into and executed by CPG
OPCO GP LLC, a Delaware limited liability company, as the General Partner, and COLUMBIA ENERGY GROUP, a Delaware corporation, and COLUMBIA PIPELINE PARTNERS LP, as Limited Partners. 

RECITALS 
 WHEREAS, the
Partnership (as defined below) was formed on September 26, 2014 pursuant to the Act (as defined below), subject to an Agreement of Limited Partnership dated as of September 26, 2014 (the “Agreement of Limited Partnership”)
entered into by Columbia Energy Group, a Delaware corporation, as limited partner, and the General Partner (as defined below), as general partner; 

WHEREAS, the Partnership, through various transactions, issued additional limited partner interests in the Partnership to Columbia Hardy
Corporation and to Columbia Pipeline Partners LP; 
 WHEREAS, Columbia Energy Group contributed a portion of its limited partner interest in
the Partnership to Columbia Pipeline Partners LP; 
 WHEREAS, the General Partner and the Limited Partners now desire to amend and restate
the Agreement of Limited Partnership in its entirety upon the terms and conditions stated below; and 
 WHEREAS, for U.S. federal income tax
purposes, the General Partner is a disregarded entity and the general partner interest owned by the General Partner is treated as owned by Columbia Pipeline Partners LP. 

NOW, THEREFORE, the Agreement of Limited Partnership is hereby amended and restated in its entirety as follows: 

ARTICLE 
 IDEFINITIONS

 The following definitions shall for all purposes, unless otherwise clearly indicated to the contrary, apply to the terms used in this
Agreement. 
 “Act” means the Delaware Revised Uniform Limited Partnership Act, as amended from time to time, and
any successor to such act. 

  
 1 

 “Adjusted Capital Account” means the Capital Account maintained for each
Partner (a) increased by any amounts that the Partner is deemed obligated to contribute or restore to the Partnership pursuant to the penultimate sentences of Treasury Regulations Sections 1.704-2(g)(1) and 1.704-2(i)(5), and
(b) decreased by any amounts described in Treasury Regulations Sections 1.704-1(b)(2)(ii)(d)(4), (5), or (6) with respect to such Partner. 

“Adjusted Capital Account Deficit” means a deficit balance in the Adjusted Capital Account of a Partner. 

“Affiliate” means, with respect to any Person, any other Person that directly or indirectly through one or more
intermediaries controls, is controlled by or is under common control with, the Person in question. As used herein, the term “control” means the possession, direct or indirect, of the power to direct or cause the direction of the management
and policies of a Person, whether through ownership of voting securities, by contract or otherwise. 
 “Agreement”
means this Amended and Restated Agreement of Limited Partnership of CPG OpCo LP, as it may be amended, supplemented or restated from time to time. This Agreement shall constitute a “partnership agreement” as such term is defined in the
Act. 
 “Agreement of Limited Partnership” has the meaning set forth in the recitals. 

“Bad Faith” means with respect to any determination, action or omission, of any Person, board or committee, that such
Person, board or committee reached such determination, or engaged in or failed to engage in such act or omission, with the belief that such determination, action or omission was adverse to the interest of the Partnership. 

“Capital Account” means, with respect to any Partner, the capital account maintained for such Member in accordance
with the provisions of Section 5.1. 
 “Capital Contribution” means, with respect to any Partner, the
aggregate amount of cash and the initial Gross Asset Value of any property other than cash contributed to the Partnership by such Partner. Any reference in this Agreement to a Capital Contribution of a Partner shall include a Capital Contribution
contributed by its predecessors in interest. 
 “Certificate of Limited Partnership” means the Certificate of
Limited Partnership filed with the Secretary of State of the State of Delaware pursuant to which the Partnership was formed as a Delaware limited partnership and as described in the first sentence of Section 2.5, as amended or restated
from time to time. 
 “Code” means the Internal Revenue Code of 1986, as amended, and in effect from time to time.
Any reference herein to a specific section or sections of the Code shall be deemed to include a reference to any corresponding provision of any successor law. 

“Depreciation” means, for each Fiscal Year, an amount equal to the depreciation, amortization or other cost recovery
deduction allowable for federal income tax purposes with respect to an asset for the Fiscal Year as determined by the General Partner; provided that if the Gross Asset Value of an asset differs from its adjusted basis for federal income tax
purposes at the beginning of the Fiscal Year or other period, Depreciation for the Fiscal Year or other period shall equal to the amount of book basis recovered for the Fiscal Year or other period under the

  
 2 

 
rules prescribed by Treasury Regulations Section 1.704-3(d)(2) and provided, further, that if the federal income tax depreciation, amortization or
other cost recovery deduction for the Fiscal Year or other period is zero, Depreciation shall be determined with reference to the beginning Gross Asset Value using any reasonable method selected by the General Partner. 

“Fiscal Year” has the meaning set forth in Section 2.6 of this Agreement. 

“General Partner” means CPG OpCo GP LLC, a Delaware limited liability company, in its capacity as the general
partner of the Partnership, and any successor to CPG OpCo GP GP LLC, as the general partner of the Partnership. 
 “Gross
Asset Value” means, with respect to any asset, such asset’s adjusted basis for federal income tax purposes, except as follows: 

(a) the initial Gross Asset Value of any asset contributed by a Partner to the Partnership shall be the gross fair market value of such asset,
as agreed to by the Partners; 
 (b) the Gross Asset Value of all Partnership assets shall be adjusted to equal their respective gross fair
market values, as determined by the Partners, in connection with: (i) the acquisition of an additional interest in the Partnership by any new or existing Partner in exchange for more than a de minimis Capital Contribution; (ii) the
distribution by the Partnership to a Partner of more than a de minimis amount of Partnership assets as consideration for an interest in the Partnership; (iii) the liquidation of the Partnership within the meaning of Treasury Regulations
Section 1.704-1(b)(2)(ii)(g) (other than pursuant to Section 708(b)(1)(B) of the Code); (iv) the issuance of a Noncompensatory Option; or (v) any other event to the extent determined by the Partners to be necessary to properly
reflect the Gross Asset Values in accordance with the standards set forth in Treasury Regulations Section 1.704-1(b)(2)(iv)(q); provided, however, that in the event of the issuance of an interest in the Partnership pursuant to the
exercise of a Noncompensatory Option where the right to share in Partnership capital represented by the Partnership interest differs from the consideration paid to acquire and exercise the Noncompensatory Option, the Gross Asset Value of each
Partnership asset immediately after the issuance of the Partnership interest shall be adjusted upward or downward to reflect any unrealized gain or unrealized loss attributable to the Partnership asset and the Capital Accounts of the Partners shall
be adjusted in a manner consistent with Treasury Regulations Section 1.704-1(b)(2)(iv)(s); and provided further, however, that adjustments pursuant to clause (i) and clause (ii) of
this sentence (or clause (iv) of this sentence in the event of the issuance of a Noncompensatory Option to acquire a de minimis Interest in the Partnership) shall be made only if the General Partner reasonably determines that the
adjustments are necessary or appropriate to reflect the relative economic interests of the Partners in the Partnership. If any Noncompensatory Options are outstanding upon the occurrence of an event described in this paragraph (b)(i) through (b)(v),
the Partnership shall adjust the Gross Asset Values of its properties in accordance with Treasury Regulations Sections 1.704-1(b)(2)(iv)(f)(1) and
1.704-1(b)(2)(iv)(h)(2). 
 (c) the Gross Asset Value of any Partnership asset distributed to any
Partner shall be the gross fair market value of such asset on the date of distribution, as determined by the distributee Partner and the other Partners; and 

  
 3 

 (d) the Gross Asset Values of Partnership assets shall be adjusted to reflect any adjustments to
the adjusted basis of such assets pursuant to Code Section 734(b) (including Treasury Regulation Section 1.734-2(b)(1)), but only to the extent that such adjustments are taken into account in determining Capital Accounts pursuant to
Treasury Regulations Section 1.704-1(b)(2)(iv)(m); provided, however, that Gross Asset Value shall not be adjusted pursuant to this paragraph (d) to the extent that an adjustment pursuant to paragraph (b) above is made in connection
with a transaction that would otherwise result in an adjustment pursuant to this paragraph (d). 
 If the Gross Asset Value of an asset has been determined
or adjusted pursuant to paragraph (a), paragraph (b) or paragraph (d) above, such Gross Asset Value shall thereafter be adjusted by the depreciation taken into account with respect to such asset for purposes of computing Profits and
Losses. 
 “Gross Liability Value” means, with respect to any liability of the Partnership described in Treasury
Regulations Section 1.752-7(b)(3)(i), the amount of cash that a willing assignor would pay to a willing assignee to assume the liability in an arm’s-length transaction. 

“Indemnitee” means (a) the General Partner, (b) any former General Partner, (c) any Person who is or
was an Affiliate of the General Partner or any former General Partner, (d) any Person who is or was a member, partner, director, officer, fiduciary or trustee of any Person which any of the preceding clauses of this definition describes,
(e) any Person who is or was serving at the request of the General Partner or any former General Partner or any Affiliate of the General Partner or any former General Partner as an officer, director, member, partner, fiduciary or trustee of
another Person, (provided, however, that that Person shall not be an Indemnitee by reason of providing, on a fee-for-services basis, trustee, fiduciary or
custodial services), and (f) any other Person the General Partner designates as an “Indemnitee” for purposes of this Agreement. 

“Law” means any applicable statute, law (including any obligation arising under the common law), rule, regulation,
ordinance, order, code, ruling, writ, injunction, decree or other official act of or by any Governmental Authority. 
 “Limited
Partner” means the Persons listed as Limited Partners on Schedule I, as it may be updated, amended, supplemented or restated from time to time by the General Partner, and any other limited partner admitted to the Partnership
from time to time following the date of this Agreement. 
 “Noncompensatory Option” has the meaning set forth in
Treasury Regulations Section 1.721-2(f). 
 “Nonrecourse Deductions” shall have the meaning assigned to that
term in Treasury Regulation Section 1.704-2(b). 
 “Partner” means the General Partner or any Limited Partner.

 “Partner Nonrecourse Debt” has the meaning set forth in Treasury Regulations Section 1.704-2(b)(4). 

  
 4 

 “Partner Nonrecourse Debt Minimum Gain” has the meaning set forth in
Treasury Regulations Section 1.704-2(i)(2). 
 “Partner Nonrecourse
Deductions” shall have the meaning assigned to that term in Treasury Regulation Section 1.704-2(i). 

“Partnership” means CPG OpCo LP, a Delaware limited partnership. 

“Partnership Minimum Gain” shall have the meaning assigned to that term in Treasury Regulation
Section 1.704-2(d). 
 “Percentage Interest” means, with respect to any Partner, the percentage set forth on
Schedule I next to such Partner’s name under the heading “Percentage Interest.” The Percentage Interest with respect to the General Partner shall at all times be zero. 

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

“Profits” or “Losses” means, for each Fiscal Year, an amount equal to the Partnership’s
taxable income or loss for such Fiscal Year, determined in accordance with Section 703(a) of the Code (but including in taxable income or loss, for this purpose, all items of income, gain, loss or deduction required to be stated separately
pursuant to Section 703(a)(1) of the Code), with the following adjustments: 
 (a) any income of the Partnership exempt from federal
income tax and not otherwise taken into account in computing Profits or Losses pursuant to this definition shall be added to such taxable income or loss; 

(b) any expenditures of the Partnership described in Section 705(a)(2)(b) of the Code (or treated as expenditures described in
Section 705(a)(2)(b) of the Code pursuant to Treasury Regulations Section 1.704-1(b)(2)(iv)(i)) and not otherwise taken into account in computing Profits or Losses pursuant to this definition shall be subtracted from such taxable income or
loss; 
 (c) in the event the Gross Asset Value of any Partnership asset is adjusted in accordance with paragraph (b) or paragraph
(c) of the definition of “Gross Asset Value,” the amount of such adjustment shall be taken into account as gain (if the adjustment increases the Gross Asset Value of the Partnership asset) or loss (if the adjustment decreases the
Gross Asset Value of the Partnership asset) from the disposition of such asset for purposes of computing Profits or Losses; 
 (d) gain or
loss resulting from any disposition of any Partnership asset with respect to which gain or loss is recognized for federal income tax purposes shall be computed by reference to the Gross Asset Value of the asset disposed of, notwithstanding that the
adjusted tax basis of such asset differs from its Gross Asset Value; 

  
 5 

 (e) in lieu of the depreciation, amortization and other cost recovery deductions taken into
account in computing such taxable income or loss, there shall be taken into account Depreciation for such Fiscal Year or other period, computed in accordance with the definition of “Depreciation”; 

(f) to the extent an adjustment to the adjusted tax basis of any asset pursuant to Code Section 734(b) (including Treasury Regulation
Section 1.734-2(b)(1)) is required, pursuant to Treasury Regulation Section 1.704-1(b)(2)(iv)(m)(4), to be taken into account in determining Capital Account balances as a result of a distribution other than in liquidation of a
Partner’s interest in the Partnership, the amount of such adjustment shall be treated as an item of gain (if the adjustment increases the basis of the asset) or an item of loss (if the adjustment decreases such basis) from the disposition of
such asset and shall be taken into account for purposes of computing Profits or Losses; 
 (g) the Gross Liability Value of each liability of
the Partnership described in Treasury Regulations Section 1.752-7(b)(3)(i) will be adjusted at such times as are provided in this Agreement for an adjustment to the Gross Asset Values of the Partnership’s assets. The amount of any
adjustment will be treated as an item of loss (if the adjustment increases the Gross Liability Value of the liability) or an item of gain (if the adjustment decreases the Gross Liability Value of the liability); and 

(h) notwithstanding any other provisions of this definition, any items which are specially allocated pursuant to Section 7.2,
Section 7.3, or Section 10.2(b) shall not be taken into account in computing Profits or Losses. 

“Treasury Regulation” means the applicable Income Tax Regulations, including Temporary Regulations, promulgated under
the Code. Any and all references herein to a specific provision of a Treasury Regulation shall be deemed to refer to any corresponding successor provision. 

ARTICLE II 

ORGANIZATIONAL MATTERS 

Section 2.1 Formation. The General Partner and Columbia Energy Goup, as the initial limited partner, formed the Partnership as a
limited partnership pursuant to the provisions of the Act. The General Partner and the Limited Partners hereby enter into this Agreement to set forth the rights and obligations of the Partners and certain matters related thereto. Except as otherwise
provided herein, the rights and obligations of the Partners and the administration, dissolution and termination of the Partnership shall be governed by the Act. 

Section 2.2 Name. The name of the Partnership shall be, and the business of the Partnership shall be conducted under the name of,
“CPG OpCo LP.” 
 Section 2.3 Principal Office; Registered Office. 

(a) The principal office of the Partnership shall be at 5151 San Felipe St., Suite 2500, Houston, Texas 77056, or such other place as the
General Partner may from time to time designate. The Partnership may maintain offices at such other places as the General Partner deems advisable. 

  
 6 

 (b) The registered office of the Partnership required by the Act to be maintained in the State of
Delaware shall be the office of the initial registered agent named in the Certificate of Limited Partnership, or such other place as the General Partner may from time to time designate in the manner provided by law. The registered agent for service
of process at such address shall be the initial registered agent named in the Certificate of Limited Partnership, or such other person as the General Partner may designate in the manner provided by law. 

Section 2.4 Term. The Partnership commenced on the date the Certificate of Limited Partnership was filed pursuant to
Section 2.5 and shall continue in existence until an election by the General Partner to dissolve the Partnership. 

Section 2.5 Organizational Certificate. A Certificate of Limited Partnership of the Partnership has been filed with the Secretary
of State of the State of Delaware as required by the Act. The General Partner shall file or cause to be filed such other certificates or documents as may be required for the formation, operation and qualification of a limited partnership in the
State of Delaware and any jurisdiction in which the Partnership may elect to do business. The General Partner shall file or cause to be filed any necessary amendments to the Certificate of Limited Partnership and any such other certificates and
documents and do all things requisite to the maintenance of the Partnership as a limited partnership (or as a partnership in which the Limited Partners have limited liability) under the laws of the State of Delaware and any jurisdiction in which the
Partnership may elect to do business. 
 Section 2.6 Fiscal Year. The fiscal year of the Partnership shall be January 1 to
December 31. 
 ARTICLE III 

PURPOSE 
 The purpose and
business of the Partnership shall be to engage in any lawful activity for which limited partnerships may be organized under the Act. 

ARTICLE IV 
 CAPITAL
CONTRIBUTIONS; PERCENTAGE INTERESTS 
 No Partner shall have the obligation to make any additional capital contribution to the
Partnership. The Percentage Interests of the Partners are set forth on Schedule I, as such schedule may be updated, amended, supplemented or restated from time to time. 

ARTICLE V 
 CAPITAL
ACCOUNTS ALLOCATIONS 
 Section 5.1 Capital Accounts. 

(a) A separate Capital Account shall be established and maintained for each Partner in accordance with the requirements of Treasury Regulations
Section 1.704-1(b)(2)(iv). The Capital Account of each Partner shall be maintained in accordance with the following provisions: 

  
 7 

 (i) to such Partner’s Capital Account there shall be credited such
Partner’s Capital Contributions, such Partner’s distributive share of Profits, special allocations of income and gain, and the net amount of any Partnership liabilities that are assumed by such Partner or that are secured by any
Partnership assets distributed to such Partner; 
 (ii) to such Partner’s Capital Account there shall be debited the
amount of cash and the Gross Asset Value of any Partnership assets distributed to such Partner pursuant to any provision of this Agreement, such Partner’s distributive share of Losses, special allocations of loss and deduction, and the net
amount of any liabilities of such Partner that are assumed by the Partnership or that are secured by any property contributed by such Partner to the Partnership; 

(iii) In the event an interest is transferred in accordance with the terms of this Agreement, the transferee will succeed to
the Capital Account of the transferor to the extent it relates to the transferred interest 
 (iv) in determining the amount
of any liability for purposes of this Section 5.1(a), there shall be taken into account Section 752(c) of the Code and any other applicable provisions of the Code and the Treasury Regulations. 

The foregoing provisions and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury
Regulations Section 1.704-1(b), and will be interpreted and applied in a manner consistent with those Treasury Regulations. In the event the General Partner determines in good faith and on a commercially
reasonable basis that it is prudent to modify the manner in which the Capital Accounts, or any debits or credits thereto are computed in order to comply with those Treasury Regulations, the General Partner may make the modification. The General
Partner also shall, in good faith and on a commercially reasonable basis, (a) make any adjustments to the Capital Accounts that are necessary or appropriate to maintain equality between the aggregate Capital Accounts of the Partners and the
amount of capital reflected on the Partnership’s balance sheet, as computed for book purposes, in accordance with Treasury Regulations Section 1.704-1(b)(2)(iv)(q) and (b) make any appropriate
modifications to the Capital Accounts in the event unanticipated events might otherwise cause this Agreement not to comply with Treasury Regulations Section 1.704-1(b). 

ARTICLE VI 

DISTRIBUTIONS 

Section 6.1 Reserves and Distributions. From time to time, but not less often than quarterly, the General Partner shall review the
Partnership’s accounts and determine the amount of the Partnership’s available cash and appropriate reserves (including cash reserves for future maintenance capital expenditures, working capital, turnaround reserves and other matters), and
the Partnership shall make a distribution to the Partners of the available cash, subject to the reserves. The General Partner’s determination of the amount of distributions and reserves shall 

  
 8 

 
be made on its behalf by its sole member, Columbia Pipeline Partners LP. The General Partner may make such cash distributions as it may determine and without being limited to current or
accumulated income or gains from any Partnership funds, including, without limitation, Partnership revenues, capital contributions or borrowed funds; provided, that no such distribution shall be made if, after giving effect thereto, the
liabilities of the Partnership exceed the fair market value of the assets of the Partnership. The General Partner may, subject to the foregoing proviso, also cause the Partnership to distribute to the Partners other Partnership property or other
securities of the Partnership or other entities. Except as provided in Section 10.2, all distributions shall be made to the Partners in accordance with their Percentage Interests. 

ARTICLE VII 

ALLOCATIONS 

Section 7.1 Profits. After giving effect to the special allocations set forth in Section 7.3 and Section 7.4, and except
as provided in Section 7.2 and Section 11.2(b), all Profits from operations for each Fiscal Year (or part thereof) shall be allocated to the Partners in the following order and priority: 

(a) First, to the General Partner until the General Partner has been allocated an amount equal to the excess, if any, of (i) the absolute
value of cumulative Losses allocated to the General Partner pursuant to Section 7.2(b) for all prior Fiscal Years, over (ii) the cumulative amount of Profits allocated to the General Partner pursuant this Section 7.1(a) for all prior
Fiscal Years; 
 (b) Second, to the Limited Partners in proportion to, and to the extent of, an amount equal to the excess, if any, of
(i) the absolute value of cumulative Losses allocated to each such Limited Partner pursuant to Section 7.2(a) for all prior Fiscal Years, over (ii) the cumulative Profits allocated to such Limited Partner pursuant to this
Section 7.1(b) for all prior Fiscal Years; and 
 (c) Third, to the Limited Partners accordance with their Percentage Interests. 

Section 7.2 Losses. After giving effect to the special allocations set forth in Section 7.3, and Section 7.4, and except
as provided in Section 10.2(b), all Losses from operations for each Fiscal Year (or part thereof) shall be allocated to the Partners in the following order and priority: 

(a) First, to the Limited Partners in accordance with their Percentage Interests; provided, no Losses shall be allocated to any Limited Partner
to the extent that such allocation would result in a Limited Partner having an Adjusted Capital Account Deficit; and 
 (b) Second, to the
General Partner. 
 To the extent Losses allocated to a Limited Partner would cause such Limited Partner to have an Adjusted Capital Account Deficit at the
end of any Fiscal Year, the Losses will be reallocated to the other Limited Partners to the extent such reallocation will not cause any such Limited Partner to have an Adjusted Capital Account Deficit. If any Limited Partner receives an allocation
of 

  
 9 

 
Losses otherwise allocable to another Limited Partner pursuant to this provision, such Limited Partner shall be allocated Profits in subsequent Fiscal Years necessary to reverse the effect of
such reallocation of Losses and such allocation of Profits (if any) shall be made before any other Profit allocations under Section 7.1. 

Section 7.3 Special Allocations. The following special allocations shall be made in the following order: 

(a) Minimum Gain Chargeback. Except as otherwise provided in Treasury Regulations
Section 1.704-2(f), notwithstanding any other provision of this Article 7, if there is a net decrease in Partnership Minimum Gain during any Fiscal Year, each Partner will be allocated items of
Partnership income and gain for the Fiscal Year (and, if necessary, subsequent Fiscal Years) in an amount equal to the Partner’s share of the net decrease in Partnership Minimum Gain, determined in accordance with Treasury Regulations Section 1.704-2(g). Allocations pursuant to the previous sentence will be made in proportion to the respective amounts required to be allocated to each Partner pursuant thereto. The items to be so allocated
shall be determined in accordance with Treasury Regulations Sections 1.704-2(f)(6) and 1.704-2(j)(2). This Section 7.3(a) is intended to comply with the
minimum gain chargeback requirement in Treasury Regulations Section 1.704-2(f) and will be interpreted consistently therewith. 

(b) Partner Minimum Gain Chargeback. Except as otherwise provided in Treasury Regulations
Section 1.704-2(i)(4), notwithstanding any other provision of this Article 7, if there is a net decrease in Partner Nonrecourse Debt Minimum Gain attributable to a Partner Nonrecourse Debt during any
Fiscal Year, each Partner who has a share of the Partner Nonrecourse Debt Minimum Gain attributable to that Partner Nonrecourse Debt, determined in accordance with Treasury Regulations
Section 1.704-2(i)(5), will be allocated items of Partnership income and gain for the Fiscal Year (and, if necessary, subsequent Fiscal Years) in an amount equal to the Partner’s share of the net
decrease in Partner Nonrecourse Debt Minimum Gain attributable to the Partner Nonrecourse Debt, determined in accordance with Treasury Regulations Section 1.704-2(i)(4). Allocations pursuant to the
previous sentence will be made in proportion to the respective amounts required to be allocated to each Partner pursuant thereto. The items to be so allocated will be determined in accordance with Treasury Regulations
Sections 1.704-2(i)(4) and 1.704-2(j)(2). This Section 7.3(b) is intended to comply with the minimum gain chargeback requirement in Treasury Regulations Section 1.704-2(i)(4) and will be interpreted consistently therewith. 
 (c) Qualified Income
Offset. In the event that any Partner unexpectedly receives any adjustments, allocations, or distributions described in Treasury Regulations Sections 1.704-1(b)(2)(ii)(d)(4),
1.704-1(b)(2)(ii)(d)(5) or 1.704-1(b)(2)(ii)(d)(6), items of Partnership income and gain will be allocated to the Partner in an amount and manner sufficient to
eliminate, to the extent required by the Treasury Regulations, the Adjusted Capital Account Deficit of the Partner as quickly as possible; provided that an allocation pursuant to this Section 7.2(c) will be made only if and to the extent
that the Partner would have an Adjusted Capital Account Deficit after all other allocations provided for in this Article 7 have been tentatively made as if this Section 7.3(c) were not in this Agreement. 

  
 10 

 (d) Gross Income Allocation. In the event that any Partner has an Adjusted Capital Account
Deficit at the end of any Fiscal Year, each such Partner shall be allocated items of Partnership income and gain in the amount of the deficit as quickly as possible; provided that an allocation pursuant to this Section 7.3(d) will be
made only if and to the extent that the Partner would have an Adjusted Capital Account Deficit after all other allocations provided for in this Article 7 have been tentatively made as if Section 7.3(c) and this Section 7.3(d) were not
in this Agreement. 
 (e) Nonrecourse Deductions. Nonrecourse Deductions for any Fiscal Year shall be allocated to the Partners in
accordance each Partner’s Percentage Interest. 
 (f) Partner Nonrecourse Deductions. Any Partner Nonrecourse Deductions for any
Fiscal Year will be allocated to the Partner who bears the economic risk of loss with respect to the Partner Nonrecourse Debt to which the Partner Nonrecourse Deductions are attributable in accordance with Treasury Regulations Section 1.704-2(i)(1). 
 (g) Section 754 Adjustments. To the extent an adjustment to the
adjusted tax basis of any Partnership asset, pursuant to Code Section 734(b) (including pursuant to Treasury Regulations Section 1.734-2(b)(1)) is required, pursuant to Treasury Regulations
Section 1.704-1(b)(2)(iv)(m)(2) or 1.704-1(b)(2)(iv)(m)(4), to be taken into account in determining Capital Accounts as the result of a distribution to a Partner in
complete liquidation of the Partner’s interest in the Partnership, the amount of the adjustment to Capital Accounts will be treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases the
basis) and the gain or loss will be allocated to the Partners in proportion to their interests in the Partnership in the event Treasury Regulations Section 1.704-1(b)(2)(iv)(m)(2) applies, or to the
Partner to whom the distribution was made in the event Treasury Regulations Section 1.704-1(b)(2)(iv)(m)(4) applies. 

Section 7.4 Regulatory Allocations. The allocations set forth in Section 7.3 (the “Regulatory
Allocations”) are intended to comply with certain requirements of the Treasury Regulations. It is the intent of the Partners that, to the extent possible, all Regulatory Allocations shall be offset either with other Regulatory
Allocations or with special allocations of other items of Partnership income, gain, loss or deduction pursuant to this Section 7.4. Therefore, notwithstanding any other provision of this Article 7 (other than the Regulatory Allocations), but
subject to the Code and the Treasury Regulations, the General Partner shall make such offsetting special allocations of Partnership income, gain, loss or deduction in whatever manner it determines appropriate so that, after such offsetting
allocations are made, each Partner’s Capital Account balance is, to the extent possible, equal to the Capital Account balance such Partner would have had if the Regulatory Allocations were not part of this Agreement. In making such
determination, the General Partner shall take into account future Regulatory Allocations that, although not yet made, are likely to offset other Regulatory Allocations previously made. 

Section 7.5 Income Tax Allocations. 

(a) Except as provided in this Section 7.5, each item of income, gain, loss and deduction of the Partnership for federal income tax
purposes shall be allocated among the Partners in the same manner as such items are allocated for book purposes under Section 7.1, Section 7.2, Section 7.3, Section 7.4, and
Section 10.2(b). 

  
 11 

 (b) In accordance with Code Section 704(c) and the applicable Treasury Regulations
thereunder, income, gain, loss and deduction with respect to any property contributed to the Partnership shall, solely for tax purposes, be allocated among the Partners so as to take account of any variation between the adjusted basis of such
property to the Partnership for federal income tax purposes and its Gross Asset Value at the time of its contribution to the Partnership. If the Gross Asset Value of any Partnership property is adjusted in accordance with clause (b) or
(d) of the definition of Gross Asset Value, then subsequent allocations of income, gain, loss and deduction shall take into account any variation between the adjusted basis of such property for federal income tax purposes and its Gross Asset
Value as provided in Code Section 704(c) and the related Treasury Regulations. For purposes of such allocations, the Partnership shall elect the remedial allocation method described in Treasury Regulation Section 1.704-3(d). 

(c) All items of income, gain, loss, deduction and credit allocated to the Partners in accordance with the provisions hereof and basis
allocations recognized by the Partnership for federal income tax purposes shall be determined without regard to any election under Section 754 of the Code which may be made by the Partnership. 

(d) If any deductions for depreciation or cost recovery are recaptured as ordinary income upon the Transfer of Partnership properties, the
ordinary income character of the gain from such Transfer shall be allocated among the Partners in the same ratio as the deductions giving rise to such ordinary character were allocated. 

Section 7.6 Allocation and Other Rules. 

(a) Profits, Losses, and any other items of income, gain, loss, or deduction will be allocated to the Partners pursuant to this Article
7 as of the last day of each Fiscal Year, provided that Profits, Losses, and the other items will also be allocated at any time the Gross Asset Values of the Partnership’s assets are adjusted pursuant to paragraph (b) of the
definition of “Gross Asset Value.” 
 (b) In the event Partners are admitted to the Partnership pursuant to this Agreement on
different dates, the Profits (or Losses) allocated to the Partners for each Fiscal Year during which Partners are so admitted shall be allocated among the Partners in proportion to their Percentage Interests during such Fiscal Year in accordance
with Section 706 of the Code, using any convention permitted by Law and selected by the General Partner that takes into account the varying interests of the Partners during such Fiscal Year. 

(c) For purposes of determining the Profits, Losses or any other items allocable to any period, Profits, Losses and any such other items shall
be determined on a daily, monthly or other basis, as determined by the General Partner using any method that is permissible under Section 706 of the Code and the Treasury Regulations thereunder. 

  
 12 

 (d) The Partners are aware of the income tax consequences of the allocations made by this Article
7 and hereby agree to be bound by the provisions of this Article 7 in reporting their shares of Partnership income and loss for tax purposes. 

ARTICLE VIII 

MANAGEMENT AND OPERATIONS OF BUSINESS 

Section 8.1 General Partner’s Authority; Reimbursement. Except as otherwise expressly provided in this Agreement, all powers
to control and manage the business and affairs of the Partnership shall be vested exclusively in the General Partner; and the Limited Partners shall not have any power to control or manage the Partnership. The General Partner shall be reimbursed on
a basis as the General Partner may determine for (a) all direct and indirect expenses it incurs or payments it makes on behalf of the Partnership (including salary, bonus, incentive compensation and other amounts paid to any Person, including
Affiliates of the General Partner, to perform services for the Partnership or for the General Partner in the discharge of its duties to the Partnership) and (b) all other direct and indirect expenses allocable to the Partnership or otherwise
incurred by the General Partner in connection with operating the Partnership’s business (including expenses allocated to the General Partner by its Affiliates). The General Partner shall determine the expenses that are allocable to the
Partnership. Reimbursements pursuant to this Section 8.1 shall be in addition to any reimbursement to the General Partner as a result of indemnification pursuant to Section 8.3. The General Partner may be removed or replaced
only with the written consent of the General Partner and Limited Partners having at least 95% of the Percentage Interests. 

Section 8.2 Approval Required for Certain Action. In addition to matters set forth in Section 6.1, the General Partner
shall not cause the Partnership to, and the Partnership shall not, take any of the following actions without the approval or consent of the Limited Partners (which consent may be made categorically or by policy): 

(a) effecting any merger or consolidation involving the Partnership; 

(b) effecting any sale or exchange of all or substantially all of Partnership’s assets; 

(c) dissolving or liquidating the Partnership; 

(d) creating or causing to exist any consensual restriction on the ability of the Partnership or its subsidiaries to make distributions, pay
any indebtedness, make loans or advances or transfer assets to its Limited Partners or their subsidiaries; 
 (e) settling or compromising
any claim, dispute or litigation directly against, or otherwise relating to indemnification by the Partnership of, any of the directors or officers of the General Partner; or 

(f) issuing additional interests in the Partnership. 

Section 8.3 Preemptive Right. The General Partner shall have the right, which it may from time to time assign in whole or in part to
any of its Affiliates, to purchase additional interests in the Partnership whenever, and on the same terms that, the Partnership issues additional interests in the Partnership to Persons other than the General Partner and its Affiliates. 

  
 13 

 Section 8.4 Indemnification. 

(a) To the fullest extent permitted by law, all Indemnitees shall be indemnified and held harmless by the Partnership from and against any and
all losses, claims, damages, liabilities, joint or several, expenses (including legal fees and expenses), judgments, fines, penalties, interest, settlements or other amounts arising from any and all threatened, pending or completed claims, demands,
actions, suits or proceedings, whether civil, criminal, administrative or investigative, and whether formal or informal and including appeals, in which any Indemnitee may be involved, or is threatened to be involved, as a party or otherwise, by
reason of its status as an Indemnitee and acting (or refraining to act) in such capacity; provided, that the Indemnitee shall not be indemnified and held harmless if there has been a final and non-appealable judgment entered by a court of
competent jurisdiction determining that, in respect of the matter for which the Indemnitee is seeking indemnification pursuant to this Section 8.4, the Indemnitee acted in Bad Faith or, in the case of a criminal matter, acted with
knowledge that the Indemnitee’s conduct was unlawful. Any indemnification pursuant to this Section 8.4 shall be made only out of the assets of the Partnership, it being agreed that the Partners shall not be personally liable for
such indemnification and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate such indemnification. 

(b) To the fullest extent permitted by law, expenses (including legal fees and expenses) incurred by an Indemnitee who is indemnified pursuant
to Section 8.4(a) in appearing at, participating in or defending any claim, demand, action, suit or proceeding shall, from time to time, be advanced by the Partnership prior to a final and non-appealable judgment entered by a court of
competent jurisdiction determining that, in respect of the matter for which the Indemnitee is seeking indemnification pursuant to this Section 8.4, that the Indemnitee is not entitled to be indemnified upon receipt by the Partnership of
any undertaking by or on behalf of the Indemnitee to repay such amount if it shall be ultimately determined that the Indemnitee is not entitled to be indemnified as authorized by this Section 8.4. 

(c) The indemnification provided by this Section 8.4 shall be in addition to any other rights to which an Indemnitee may be
entitled under any agreement, as a matter of law, in equity or otherwise, both as to actions in the Indemnitee’s capacity as an Indemnitee and as to actions in any other capacity, and shall continue as to an Indemnitee who has ceased to serve
in such capacity and shall inure to the benefit of the heirs, successors, assigns and administrators of the Indemnitee. 
 (d) The
Partnership may purchase and maintain (or reimburse any Partner or its Affiliates for the cost of) insurance, on behalf of any Partner, its Affiliates, the Indemnitees and such other Persons as the General Partner shall determine, against any
liability that may be asserted against, or expense that may be incurred by, such Person in connection with the Partnership’s activities or such Person’s activities on behalf of the Partnership, regardless of whether the Partnership would
have the power to indemnify such Person against such liability under the provisions of this Agreement. 
 (e) For purposes of this
Section 8.4, the Partnership shall be deemed to have requested an Indemnitee to serve as fiduciary of an employee benefit plan whenever the performance by it of its duties to the Partnership also imposes duties on, or otherwise involves

  
 14 

 
services by, it to the plan or participants or beneficiaries of the plan; excise taxes assessed on an Indemnitee with respect to an employee benefit plan pursuant to applicable law shall
constitute “fines” within the meaning of Section 8.4(a); and action taken or omitted by it with respect to any employee benefit plan in the performance of its duties for a purpose reasonably believed by it to be in the best
interest of the participants and beneficiaries of the plan shall be deemed to be for a purpose that is in the best interests of the Partnership. 

(f) In no event may an Indemnitee subject any of the Partners to personal liability by reason of the indemnification provisions set forth in
this Agreement. 
 (g) An Indemnitee shall not be denied indemnification in whole or in part under this Section 8.4 because the
Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted by the terms of this Agreement. 

(h) The provisions of this Section 8.4 are for the benefit of the Indemnitees and their heirs, successors, assigns, executors and
administrators and shall not be deemed to create any rights for the benefit of any other Persons. 
 (i) No amendment, modification or repeal
of this Section 8.4 or any provision hereof shall in any manner terminate, reduce or impair the right of any past, present or future Indemnitee to be indemnified by the Partnership, nor the obligations of the Partnership to indemnify any
such Indemnitee under and in accordance with the provisions of this Section 8.4 as in effect immediately prior to such amendment, modification or repeal with respect to claims arising from or relating to matters occurring, in whole or in
part, prior to such amendment, modification or repeal, regardless of when such claims may arise or be asserted. 
 Section 8.5
Limitation of Liability of Indemnitees. 
 (a) Notwithstanding anything to the contrary set forth in this Agreement or under the Act
or any other law, rule or regulation at equity, no Indemnitee shall be liable for monetary damages or otherwise to the Partnership, to another Partner, to any other Person who acquires an interest in the Partnership or to any other Person bound by
this Agreement, for losses sustained or liabilities incurred, of any kind or character, as a result of its or any other Indemnitee’s determinations, act(s) or omission(s) in their capacities as Indemnitees; provided however, that an Indemnitee
shall be liable for losses or liabilities sustained or incurred by the Partnership, any Partners, any other Persons who acquire an interest in the Partnership or any other Person bound by this Agreement, if it is determined by a final non-appealable
judgment entered by a court of competent jurisdiction that such losses or liabilities were the result of the conduct engaged by such Indemnitee being in in Bad Faith or with respect to any criminal conduct, with the knowledge that such
Indemnitee’s conduct was unlawful. 
 (b) To the extent that, at law or in equity, an Indemnitee has duties (including fiduciary duties)
and liabilities relating thereto to the Partnership, any Partners, any other Persons who acquire an interest in the Partnership or any other Person bound by this Agreement, the General Partner and any other Indemnitee acting in connection with the
Partnership’s business or affairs shall not be liable to the Partnership, to any Partner, to any person who acquires an interest in the Partnership or to any other Person bound by this Agreement for its reliance on the provisions of this
Agreement. 

  
 15 

 (c) Any amendment, modification or repeal of this Section 8.5 or any provision hereof
shall be prospective only and shall not in any way affect the limitations on the liability of the Indemnitees under this Section 8.5 as in effect immediately prior to such amendment, modification or repeal with respect to claims arising
from or relating to matters occurring, in whole or in part, prior to such amendment, modification or repeal, regardless of when such claims may arise or be asserted. 

Section 8.6 Loans or Contributions from the Partnership. The Partnership may lend or contribute to any Affiliate or Limited
Partner, and any Affiliate or Limited Partner may borrow from the Partnership, funds on terms and conditions determined by the General Partner. 

ARTICLE IX 
 RIGHTS
AND OBLIGATIONS OF LIMITED PARTNERS 
 The Limited Partners shall have no liability under this Agreement except as otherwise provided by
Law. 
 ARTICLE X 

TAX MATTERS 

Section 10.1 Tax Matters Partner. The “tax matters partner” of the Partnership for purposes of Section 6231(a)(7)
of the Code shall be the General Partner, and shall have the power to manage and control, on behalf of the Partnership, any administrative proceeding at the Partnership level with the Internal Revenue Service relating to the determination of any
item of Partnership income, gain, loss, deduction or credit for federal income tax purposes. 
 Section 10.2 Section 754
Election. The tax matters partner shall make, on behalf of the Partnership, an election in accordance with Section 754 of the Code, so as to adjust the basis of Partnership property in the case of a distribution of property within the
meaning of Section 734 of the Code, and in the case of a transfer of interests within the meaning of Section 743 of the Code. 

ARTICLE XI 

DISSOLUTION AND LIQUIDATION 

Section 11.1 Events Causing Dissolution. The Partnership shall be dissolved, and its affairs shall be wound up, upon the
expiration of its term as provided in Section 2.4. Upon the dissolution of the Partnership, the General Partner shall promptly notify the Partners of such dissolution. 

Section 11.2 Liquidation. 

(a) Upon dissolution of the Partnership, the General Partner shall carry out the winding up of the Partnership and shall immediately commence
to wind up the Partnership’s affairs; provided, a reasonable time shall be allowed for the orderly liquidation of the assets of 

  
 16 

 
the Partnership and the satisfaction of liabilities to creditors so as to enable the Partners to minimize the normal losses attendant upon a liquidation. The proceeds of liquidation shall be
applied first to payment of all expenses and debts of the Partnership and setting up of such reserves as the General Partner reasonably deems necessary to wind up the Partnership’s affairs and to provide for any contingent liabilities or
obligations of the Partnership; provided, the unpaid principal of and interest on any loans made to the Partnership by Partners (and their Affiliates) shall be distributed pro rata to the Partners (and their Affiliates) who made such loans, in
proportion to the total amount of principal and interest payable on such loans, such distributions being treated first as a payment of accrued interest on such loans and next as a payment of principal on such loans. Any remaining proceeds shall be
distributed to the Partners in accordance with their positive Capital Account balances after giving effect to all contributions, distributions and allocations for all periods. 

(b) In the event of any liquidation and winding up of the Partnership under this Section 10.2 or a sale, exchange or other disposition of
all or substantially all of the assets of the Partnership, either voluntary or involuntary, Profits and Losses and each item of gross income, gain, loss and deduction for such period shall be allocated to the Partners so that, to the maximum extent
possible, the Partners’ Capital Account balances are in proportion to their Percentage Interests, and no other allocation of Profit or Loss pursuant to this Agreement shall reverse the effect of such allocation. If in the year of such
liquidation, dissolution or winding up, the Partners’ Capital Accounts are not in proportion to their Percentage Interests after the application of the preceding sentence, then to the extent permitted by Law and notwithstanding anything to the
contrary contained in this Agreement, items of gross income and gain for any preceding taxable period(s) with respect to which IRS Form 1065 Schedules K-1 have not been filed by the Partnership shall be reallocated among the Partners until
the Partners’ Capital Accounts are in proportion to their Percentage Interests, and no other allocation of Profit or Loss pursuant to this Agreement shall reverse the effect of such allocation. 

Section 11.3 Termination. The Partnership shall terminate when all of the assets of the Partnership, after payment of or due
provision for all debts, liabilities and obligations of the Partnership, shall have been distributed to the Partners in the manner provided for in this Article 11 and the Certificate shall have been canceled, or such other documents required under
the Act to be executed and filed with the Secretary of State of the State of Delaware have been so executed and filed, in the manner required by the Act. 

Section 11.4 Claims of the Partners or Third Parties. The Partners and former Partners shall look first to the Partnership’s
assets for the return of their Capital Contributions, and if the assets of the Partnership remaining after payment of or due provision for all debts, liabilities and obligations of the Partnership are insufficient to return such Capital
Contributions, the Partners shall look to the General Partner for a return of their Capital Contributions; provided, nothing contained herein shall be deemed to limit the rights of a Partner under applicable Law. In the event any Partner other than
the General Partner has a deficit balance in its Capital Account at the time of the Partnership’s dissolution, it shall not be required to restore such account to a positive balance or otherwise make any payments to the Partnership or its
creditors or other third parties in respect of such deficiency. 

  
 17 

 Section 11.5 Distributions In-Kind. If any assets of the Partnership shall be
distributed in kind, such assets shall be distributed to the Partner(s) entitled thereto as tenants-in-common in the same proportions as such Partner(s) would have been entitled to cash distributions if (i) such assets had been sold for cash by
the Partnership at the fair market value of such property (taking the Gross Asset Value definition herein and Code Section 7701(g) into account) on the date of distribution; (ii) any unrealized income, gain, loss and deduction inherent in
such property (that has not been reflected in the Capital Accounts previously) that would be realized by the Partnership from such sale were allocated among the Partner(s) as Profits or Losses in accordance with this Agreement; and (iii) the
cash proceeds were distributed to the Partner(s) in accordance with this Article 11. The Capital Accounts of the Partner(s) shall be increased by the amount of any unrealized income or gain inherent in such property or decreased by the amount of any
loss or deduction inherent in such property that would be allocable to them, and shall be reduced by the fair market value of the assets distributed to them under the preceding sentence. Notwithstanding the foregoing, the Partners shall have the
right to assign their interest to such in-kind distribution to any Person. 
 ARTICLE XII 

AMENDMENT OF PARTNERSHIP AGREEMENT 

Subject to Section 8.3, the General Partner may amend any provision of this Agreement with the consent of the Limited Partners having at
least 75% of the Percentage Interests, and may execute, swear to, acknowledge, deliver, file and record whatever documents may be required in connection therewith. 

ARTICLE XIII 

GENERAL PROVISIONS 

Section 13.1 Addresses and Notices. Any notice to the Partnership shall be deemed given if received by it in writing at the
principal office of the Partnership designated pursuant to Section 2.3(a). Any notice to the General Partner or a Limited Partner shall be deemed given if received by it in writing at the address designated in Schedule I, or
such other place as the General Partner or Limited Partner may from time to time designate. 
 Section 13.2 Binding Effect. This
Agreement shall be binding upon and inure to the benefit of the parties hereto and their successors and assigns. 
 Section 13.3
Integration. This Agreement constitutes the entire agreement among the parties pertaining to the subject matter hereof and supersedes all prior agreements and understandings pertaining thereto. 

Section 13.4 Severability. If any provision of this Agreement is or becomes invalid, illegal or unenforceable in any respect, the
validity, legality and enforceability of the remaining provisions hereof, or of such provision in other respects, shall not be affected thereby. 

Section 13.5 Applicable Law. This Agreement shall be governed by and construed and enforced in accordance with the laws of the
State of Delaware. 

  
 18 

 Section 13.6 No Third Party Beneficiary. This Agreement is made solely and
specifically for the benefit of the Partners and their successors and assigns and no other Persons shall have any rights, interest or claims hereunder or be entitled to any benefits under or on account of this Agreement as a third party beneficiary
or otherwise. None of the provisions of this Agreement shall be for the benefit of, or shall be enforceable by, any creditor of the Partnership. 

[Remainder of Page Intentionally Left Blank] 

  
 19 

 WHEREFORE, this Amended and Restated Agreement of Limited Partnership has been duly
executed by the General Partner and the Limited Partners as of the date first above written. 
  

			
	GENERAL PARTNER:
	
	 CPG OPCO GP LLC

		
	 By:
	 	 
	 Name:
	 	
	 Title:
	 	
	
	LIMITED PARTNERS:
	
	 COLUMBIA ENERGY GROUP

		
	 By:
	 	 
	 Name:
	 	
	 Title:
	 	
	
	 COLUMBIA PIPELINE PARTNERS LP

	
	 BY: CPP GP LLC, its general partner

		
	 By:
	 	 
	 Name:
	 	
	 Title:
	 	
	
	 COLUMBIA HARDY CORPORATION

		
	 By:
	 	 
	 Name:
	 	
	 Title:
	 	

 SIGNATURE PAGE TO 

AMENDED AND RESTATED AGREEMENT OF LIMITED
PARTNERSHIP 

 SCHEDULE I 

 

					
	Limited Partner Name and Address	 		  	Percentage Interest
	 COLUMBIA ENERGY GROUP
 5151 San Felipe
St., Suite 2500, Houston, Texas 77056
	 		  	
			
	 	 		  	 
	 COLUMBIA HARDY CORPORATION
 5151 San
Felipe St., Suite 2500, Houston, Texas 77056
	 		  	
			
	 	 		  	 
	 COLUMBIA PIPELINE PARTNERS LP
 5151 San
Felipe St., Suite 2500, Houston, Texas 77056
	 		  	
		 		  	
			
	General Partner Name and Address	 		  	
	 CPG OPCO GP LLC
 5151 San Felipe St.,
Suite 2500, Houston, Texas 77056Exhibit 10.4

 

HDIMAX MEDIA, INC.

SUBSCRIPTION AGREEMENT

 

This Subscription Agreement
(this “Agreement”), dated as of _____________, is made by and among HDIMAX MEDIA, Inc., a Nevada corporation (the “Company”),
and the investor identified on Annex I (“Investor”).

 

WHEREAS, the Investor
wishes to purchase from the Company, upon the terms and conditions stated herein, the number of shares of the Company’s common
stock (the “Shares”) for the consideration set forth on Annex;

 

NOW, THEREFORE,
in consideration of the mutual promises, representations, warranties and covenants herein contained, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and the Investors mutually agree as follows.

 

ARTICLE 1

PURCHASE OF COMMON STOCK 

 

1.1          Purchase of Common Stock in Exchange
for Cash Payment. Subject to the terms and conditions of this Agreement, on the Effective Date, the Investor listed in Annex
I shall purchase, and the Company shall sell and issue to Investor, the Shares in the amount set forth opposite such Investor’s
name on Annex I in exchange for the purchase price set forth opposite each such Investor’s name on Annex I.

 

1.2          Subscription Funds. On or prior
to the Effective Date, each Investor shall deliver (in accordance with instructions provided to the Investor by the Company), cash
equal to the amount set forth opposite each such Investor’s name on Annex I (the “Investment Amount”),
or shall otherwise provide evidence of the availability of funds to the reasonable satisfaction of the Company.

 

1.3          Investor Information. Each Investor
shall deliver complete, final and accurate copies of (i) Annex I, and (ii) an Investor Questionnaire in the form provided by the
Company, setting forth information regarding the identification and certain representations of the Investors, prior to the Effective
Date.

 

1.4          Delivery. On the date of this
Agreement, each Investor shall (i) pay (by wire transfer in same day funds to an account specified by the Company in writing or
pursuant to other funding instructions specified by the Company in writing), to the Company the amount set forth opposite each
such Investor’s name on Annex I under column 1.b.; and (ii) deliver a counterpart of the signature page of this Agreement.

 

1.5          Closing. The subscription shall
be deemed to be accepted by the Company, in the amount indicated by the Company’s officer on the Company signature page,
only when this Agreement is executed by such officer on behalf of the Company and delivered to Investor. Upon acceptance of the
subscription by the Company within 90 days of such subscription, this Agreement shall constitute a legal and binding obligation
of both Investor and the Company. The closing of the purchase and sale of the Shares shall take place on what is referred to herein
as the “Effective Date” at the offices of the Company, or at such other location as the Company and the Investors shall
mutually agree, upon the Company providing its countersignature to this Agreement.

 

    	1

    	 

    

 

ARTICLE 2

REPRESENTATIONS AND WARRANTIES OF THE INVESTOR

 

Each Investor, severally
and not jointly, represents and warrants to the Company that the statements contained in this Article 2 are true and correct as
of the date hereof and will be as of the Effective Date, except to the extent such representations and warranties are specifically
made as of a particular date (in which case such representations and warranties are true and correct as of such date).

 

2.1          Accredited Investor Status.
Investor is an “accredited investor” as defined by Rule 501 of Regulation D under the Securities Act. Investor acknowledges
that it has such knowledge and experience in financial and business matters that Investor is capable of evaluating the merits and
risks of an investment in the Shares and of making an informed investment decision with respect thereto. Investor acknowledges
that an investment in the Shares is speculative and involves a high degree of risk and that Investor can bear the economic risk
of the acceptance of the Shares, including a total loss of Investor’s investment. Investor is experienced in evaluating and
investing in early stage or start-up or reorganizing companies such as the Company.

 

2.2          Investment for Own Account.
Investor is purchasing the Shares solely for Investor’s own account, and, in the event that the Investor should acquire any
underlying securities, will be acquiring such underlying securities solely for Investor’s own account, and not for the benefit
of any other Person. Investor is acquiring the Shares solely for investment purposes and not with a view to distribution or resale,
nor with the intention of selling, transferring or otherwise disposing of all or any part thereof for any particular price, or
at any particular time, or upon the happening of any particular event or circumstance, except selling, transferring, or disposing
of the Shares, in full compliance with all applicable provisions of the Securities Act, the rules and regulations promulgated by
the Securities and Exchange Commission thereunder, and applicable state securities laws. Investor understands and acknowledges
that an investment in the Shares is not a liquid investment.

 

2.3          Information. Investor confirms that
Investor has had the opportunity to ask questions of, and receive answers from, the Company or any authorized Person acting on
its behalf concerning the Company and its business, and to obtain any additional information, to the extent possessed by the Company
(or to the extent it could have been acquired by the Company without unreasonable effort or expense) necessary to verify the accuracy
of the information received by Investor. In connection therewith, Investor acknowledges that Investor has had the opportunity to
discuss the Company’s business, management and financial affairs with the Company’s management or any authorized Person
acting on its behalf. Investor has received and reviewed all the information concerning the Company and the Shares, both written
and oral, that Investor desires. In determining whether to make this investment, Investor has relied solely on Investor’s
own knowledge and understanding of the Company and its business based upon Investor’s own due diligence investigations.

 

    	2

    	 

    

 

2.4          Authorization. Investor has all
requisite legal and other power and authority to execute and deliver this Agreement and to carry out and perform its obligations
under the terms of this Agreement. This Agreement constitutes a valid and legally binding obligation of Investor enforceable in
accordance with its terms, subject as to enforcement, to bankruptcy, insolvency, reorganization and other laws of general applicability
relating to or affecting creditors’ rights and to general equity principles.

 

2.5          Suitability of Investment. Investor
has carefully considered and has discussed (or accepts the responsibility to discuss) with its own legal, tax, accounting and financial
advisors, to the extent the Investor has deemed necessary, the suitability of this investment and the transactions contemplated
by this Agreement for the Investor’s particular federal, state, provincial, local and foreign tax and financial situation
and has independently determined that this investment and the transactions contemplated by this Agreement are a suitable investment
for the Investor. Investor understands that it (and not the Company) shall be responsible for Investor’s own tax liability
that may arise as a result of the investment in the Shares or the transactions contemplated by this Agreement.

 

2.6          Restricted Securities. The Investor
understands that the Shares are characterized as “restricted securities” under the federal securities laws, inasmuch
as they are being acquired from the Company in a transaction not involving a public offering and that, under such laws and applicable
regulations, the Shares may be resold without registration under the Securities Act only in certain limited circumstances. Investor
understands that the Shares have not been registered under the Securities Act on the ground that the issuance thereof is exempt
under Section 4(2) of the Act and/or Regulation D as a transaction by an issuer not involving any public offering, and that the
statutory basis for the exception claimed may not be present if any of the representations and warranties of Investor contained
in this Agreement are untrue. The Investor acknowledges that the Shares must be held indefinitely unless subsequently registered
under the Securities Act or an exemption from such registration is available.

 

Certificates evidencing the Shares will bear
a legend substantially in the form below:

 

THE SECURITIES EVIDENCED BY THIS CERTIFICATE
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR UNDER THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION
AND MAY NOT BE SOLD, OFFERED FOR SALE OR OTHERWISE TRANSFERRED UNLESS REGISTERED OR QUALIFIED UNDER SAID ACT AND APPLICABLE STATE
SECURITIES LAWS OR UNLESS THE COMPANY RECEIVES AN OPINION OF COUNSEL REASONABLY SATISFACTORY TO IT THAT SUCH REGISTRATION OR QUALIFICATION
IS NOT REQUIRED.

 

2.7          Investor Information. The residency
of Investor (or, in the case of a partnership, limited liability company or corporation, such entity’s principal place of
business) is correctly set forth on the Investor Questionnaire filled out by the Investor. Each Investor shall complete and sign
such Investor Questionnaire providing certain investor representations contained therein.

 

    	3

    	 

    

 

ARTICLE 3

CONDITIONS RELATING TO THE CLOSING

 

3.1          Conditions to the Obligations of the
Company at the Closing. The obligation of the Company to consummate the transactions to be performed by it in connection with
the Closing with respect to each Investor are, unless otherwise indicated, subject to the satisfaction of the following conditions
as of the Effective Date, unless such conditions are waived by the Company:

 

(a) Representations, Warranties and
Covenants. The representations and warranties made by each such Investor in Article 2 hereof shall be true and correct as of
the Effective Date.

 

(b) Deposit of Funds. Each
Investor shall have deposited with the Company all of the cash needed to satisfy the Investors’ purchase obligations
under this Agreement.

 

(c) Delivery of Subscription
Agreement and Investor Questionnaire. The investor shall have delivered an executed Subscription Agreement, along with an
Investor Questionnaire and any and all other investment documentation requested by the Company in connection therewith.

 

3.2          Conditions to the Obligations of the
Investors at the Closing. The obligation of each Investor to consummate the transactions to be performed by it in connection
with the Closing with respect to the Company are, unless otherwise indicated, subject to the satisfaction of the following conditions
as of the Effective Date, unless such conditions are waived by such Investor:

 

(a)          Delivery
of Subscription Agreement and Investor Questionnaire. The Company shall have delivered an executed Subscription Agreement
to the Investor.

 

ARTICLE 4

MISCELLANEOUS

 

4.1          Governing Law. This Agreement
shall be governed by and construed in accordance with the substantive laws of the State of Nevada without regard to applicable
choice of law provisions thereof.

 

4.2          No Third Party Reliance. Anything
contained herein to the contrary notwithstanding, the representations and warranties contained in this Agreement (a) are being
given as an inducement to the Company to enter into this Agreement and (b) are solely for the benefit of the Company. Accordingly,
no third party shall be a third-party or other beneficiary of such representations and warranties and no such third party shall
have any rights of contribution against the Investor or the Company with respect to such representations or warranties or any matter
subject to or resulting in indemnification under this Agreement or otherwise.

 

4.3          Amendment. This Agreement may
not be modified or amended in any manner except in a writing executed by the Company and any Investor whose interest may be adversely
affected by the amendment.

 

    	4

    	 

    

 

4.4          Counterparts; Facsimile and Electronic
Signatures. This Agreement may be executed in any number of counterparts, and each such counterpart hereof shall be deemed
to be an original instrument, but all such counterparts together shall constitute but one agreement. Counterpart signatures to
this Agreement delivered by facsimile or other electronic transmission shall be acceptable and binding.

 

4.5          Headings. The section and paragraph
headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation
of this Agreement.

 

* * * * *

 

    	5

    	 

    

 

IN WITNESS WHEREOF, each of the undersigned
has duly executed this Subscription Agreement as of the date first written above.

 

INVESTOR

 

	Individuals:

        (Includes joint
        tenants, tenants in common and individual IRA beneficiaries)

         

        Printed Name:

        Name of Subscriber
        (as it is to appear on certificate(s))

         

        ___________________________

Signature

         

         

         
	

         

         

	 

         
	Accepted by:

         

        HDIMAX MEDIA,
        INC.

         

         

        By: ___________________________

         

        Name:

         

        Title:

         

Subscription accepted by the Company as to Investment
Amount:

 

$___________

 

 

 

 

 

[Signature page to Subscription Agreement]

 

    	6

    	 

    

 

Annex I

 

Subscription Schedule

 

 

 

	
        Name and Address[1]

        of Investor
	
        (a)

        Shares of Common Stock (#)
	
        (b)

        Aggregate Purchase Price ($)

	
         

        Name:

         

        Address:

         

         

        Tax ID:

         

         

         
	
         

         
	
         

         

         

Wiring Instructions:

 

 

 

 

Reference:

 

1
Listed address is the principal place of business, if a business entity, or address and state of residency, if an individual.

 

 

    	7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00239-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00239-of-00352.parquet"}]]