Document:

WWW.EXFILE.COM, INC. -- BOSTON SCIENTIFIC CORP. -- EXHIBIT 10.1 TO FORM 8-K

     

    EXHIBIT
      10.1

    BOSTON
      SCIENTIFIC CORPORATION SEVERANCE PAY

    AND
      LAYOFF NOTIFICATION PLAN

    AS
      AMENDED AND RESTATED

    Effective
      as of November 1, 2007

    (Plan
      No.  506)

     

    

    
      	
              I.  

            	
              PURPOSE

            

    

     

    This
      Plan
      document amends, restates and continues the Boston Scientific Corporation
      Severance Pay and Layoff Notification Plan (the “Plan”) and is effective as of
      November 1, 2007.  The purpose of the Plan is to provide notice
      and an opportunity to receive severance benefits to eligible United States
      employees of the Company who lose their positions with the Company involuntarily
      under the circumstances described below.

     

    The
      Plan
      is also designed to meet the requirements of the federal Worker Adjustment
      and
      Retraining Notification Act (“WARN”) for those employees who are entitled to
      notice under WARN.

     

    The
      Company pays the entire cost of this Plan and all eligible employees are covered
      automatically.

     

    
      	
              II.  

            	
              DEFINITIONS

            

    

     

    For
      purposes of this Plan, in addition to the terms defined within it, the following
      terms shall have the meaning indicated:

     

    “Affiliate”
      means any corporation, trust, partnership or other entity that would be
      considered as a single employer with the Company under Sections 414(b), (c),
      (m)
      or (o) of the Code, such as a subsidiary of the Company.

     

    “Code”
      means the Internal Revenue Code of 1986, as amended from time to
      time.

     

    “Company”
      means Boston Scientific Corporation and those of its domestic participating
      entities identified on the attached Schedule A.

     

    “Other
      Severance Benefits” means those health and welfare benefits in which
      participation may be continued by the Employee under Section VIII of the
      Plan.

     

    “Plan
      Administrator” means the Company or such other person or committee as may be
      appointed from time to time by the Company to supervise the administration
      of
      the Plan.

     

    “Release
      Agreement” means an agreement in a form proposed by the Company under which an
      Employee releases legal claims against the Company and related persons and
      entities.  The Release Agreement may include other terms as
      well.

     

    “Reorganization”
      means any form of corporate reorganization.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    “Severance
      Pay Period” means the period of time following an Employee’s termination of
      employment date with respect to which an Employee is scheduled to receive
      Severance Pay installments under the Plan.  In the event that an
      alternate method of Severance Pay payment is used by the Company in accordance
      with Section VI of the Plan for any Employee, the Severance Pay Period will
      be
      calculated as if the Employee received Severance Pay installments.

     

    “Severance
      Benefits” means any combination of Severance Pay and Other Severance
      Benefits.

     

    “Severance
      Pay” means the cash compensation payable to the Employee under Section IV of the
      Plan.

     

    “Transaction”
      means a sale or merger of all or part of the Company’s business or assets or an
      acquisition of the Company.

     

    
      	
              III.  

            	
              ELIGIBILITY
                FOR SEVERANCE PAY

            

    

     

    
      	
              A.  

            	
              Eligibility
                to Participate

            

    

     

    An
      individual who is employed by the Company on its United States payroll will
      be
      eligible to participate in the Plan if he or she is classified as a regular
      full-time or a regular part-time employee (“Employee”).

     

    Individuals
      classified by the Company as direct hire short-term employees such as interns,
      summer students or co-op employees (or similar short-term categories);
      defined-term employees such as technical fellowship program employees (or
      similar defined-term categories); assigned workers provided by third-party
      agencies; or individuals classified by the Company as independent contractors
      are not regular employees and therefore are not “Employees” for purposes of this
      Plan and are not eligible to participate in this Plan regardless of their work
      schedule or number of hours worked.

     

    
      	
              B.  

            	
              Initial
                Eligibility for Severance Benefits – Notice of
                Layoff

            

    

     

    Employees
      will be initially eligible for benefits under this Plan if they are notified
      that their employment will be involuntarily terminated; and

     

    (a)           the
      expected termination of employment is due to an anticipated facility relocation
      or closing or a reduction of staffing levels and the Employee has not refused
      or
      otherwise failed to accept a similar position with the Company that remains
      available at the time of notice; or

     

    (b)           the
      expected termination of employment is the result of an anticipated Transaction
      or Reorganization and the Employee is not provided an opportunity to be employed
      in a similar position with the acquiring or resulting entity.

     

    For
      purposes of (a) and (b) above, a new position will be considered a similar
      position by the Company if the new position results in no more than a ten
      percent reduction in base 

     

    
      
        
        

      

      
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    pay
      and
      is located within thirty-five miles of the Employee’s place of work as of the
      date of the offer.

     

    For
      purposes of the Plan, a termination of employment pursuant to (a) or (b) is
      considered to be a “layoff.”  Regardless of whether notice of layoff
      is received, an Employee will not be considered to have been laid off if
      employment terminates for a reason other than a layoff.  Severance
      Benefits are not available under this Plan in the event of voluntary
      resignation, job abandonment, failure to return from an approved leave of
      absence, retirement, or if termination from employment is initiated by the
      Employee on any similar basis.  For these purposes, an Employee is
      considered to have voluntarily resigned if the Employee has received notice
      of
      layoff but leaves employment before the final date of layoff of the Employee
      that is established by the Company, unless the Employee has received approval
      to
      accelerate the date of termination pursuant to Section VII.D of this
      Plan.  In addition, Severance Benefits are not available under this
      Plan in cases of termination from employment for misconduct, a
      performance-related problem or otherwise for cause, which will be determined
      solely at the Company’s discretion.

     

    An
      Employee’s termination of employment date is the date on which the
      employer-employee relationship with the Company ends.  The Severance
      Pay Period begins on the day after the termination of employment date and is
      determined in accordance with Section IV of the Plan.

     

    
      	
              C.  

            	
              Continued
                Eligibility

            

    

     

    After
      notice of layoff, an Employee’s right to receive Severance Benefits is
      contingent on continued eligibility for Severance Benefits.  If an
      Employee who is initially eligible for Severance Benefits becomes ineligible
      for
      Severance Benefits, the Employee shall not be entitled to any Severance Benefits
      that have not yet become due to be paid or otherwise provided as of the date
      of
      ineligibility.  For example, if an Employee who has received notice of
      layoff ceases employment for a reason other than a layoff without the approval
      of the Company pursuant to Section VII.D, the Employee shall not be entitled
      to
      any Severance Benefits that have not been provided as of the date of termination
      of employment.

     

    The
      following are other circumstances that may affect continued eligibility for
      Severance Benefits.

     

    
      	
              1.  

            	
              Release
                Agreement

            

    

     

    To
      remain
      eligible for benefits under this Plan, an Employee must sign and return a
      Release Agreement within the time period specified in the Release
      Agreement.  In addition, if the Release Agreement includes a right for
      the Employee to revoke the Release Agreement, the Employee must not exercise
      that right.  The Company shall offer a Release Agreement to an
      Employee upon or after notice of layoff.  To the extent, if any, that
      any Severance Benefits become due to be paid or provided during the period
      before the Release Agreement is due to be signed and returned (the “Release
      Consideration Period”), those Severance Benefits shall be paid or provided
      during the Release Consideration Period.  However, if the Release
      Agreement is not signed and returned within the Release Consideration Period,
      the Employee’s eligibility for Severance 

     

    
      
        
        

      

      
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    Benefits
      shall immediately cease upon expiration of the Release Consideration
      Period.  Similarly, if an Employee exercises a right to revoke a
      Release Agreement, eligibility for Severance Benefits shall cease upon the
      revocation of the Release Agreement.

     

    
      	
              2.  

            	
              Reemployment
                by the Company

            

    

     

    If
      an
      Employee is reemployed by the Company as a regular full-time or a regular
      part-time employee or a defined-term employee or is otherwise engaged by the
      Company as an independent contractor or an assigned worker after notice of
      layoff, eligibility for Severance Benefits shall cease upon such reemployment
      or
      engagement.  The Employee’s right to benefits shall depend on the
      Employee’s rights based upon the Employee’s entitlement as a returning employee
      (if applicable).

     

    
      	
              3.  

            	
              Offer
                of a Similar Position

            

    

     

    As
      stated
      above, an Employee will be ineligible for Severance Benefits if he or she has
      not accepted a similar position that remains available at the time of notice
      of
      layoff or if, in the case of a Transaction or a Reorganization, the Employee
      has
      an opportunity to be employed in a similar position by the acquiring or
      resulting entity.  In addition, if the Company or an acquiring or
      resulting entity following a Transaction or a Reorganization offers a similar
      position to an Employee after the Company provides a notice of layoff but before
      the Company proposes a Release Agreement to the Employee, the offer of a similar
      position will render the Employee ineligible for Severance
      Benefits.  Once the Company offers a Release Agreement in connection
      with a layoff, the offer of a similar position will not affect the Employee’s
      eligibility for Severance Benefits in connection with the layoff, unless the
      Employee accepts reemployment, as provided under Section III.C.2
      above.

     

    
      	
              4.  

            	
              Violation
                of Contractual Obligations

            

    

     

    An
      Employee who violates any contractual obligations to the Company, including
      without limitation a restriction on post-employment activities, shall be
      ineligible for continued Severance Benefits.

     

    
      	
              5.  

            	
              Death

            

    

     

    If
      an
      Employee dies, then the deceased Employee’s eligibility for Severance Benefits
      shall cease.

     

    
      	
              D.  

            	
              Expatriate
                Employees

            

    

     

    This
      Plan
      also applies to Employees on expatriate assignments.  Specifically, if
      an Employee on an expatriate assignment is notified in writing that he or she
      will not be offered a job in the United States to follow the expatriate
      assignment that results in no more than a ten percent reduction in pay, that
      notification will be treated as a written notice of layoff for purposes of
      this
      Plan, unless the reason for the Company’s determination not to offer the
      Employee a job in the United States is a reason that would disqualify the
      Employee from eligibility for Severance Benefits under this Plan.

     

    
      
        
        

      

      
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              IV.  

            	
              SCHEDULE
                OF SEVERANCE PAY

            

    

     

    The
      amount of the Severance Pay payable under the Plan to an Employee will depend
      on
      whether his or her position is classified as “exempt” or “nonexempt” as
      determined by the Company under the Fair Labor Standards Act of 1938 (“FLSA”),
      as amended.  Any Severance Pay under the Plan will continue even if an
      Employee recommences employment while receiving Severance Pay, provided that
      the
      Employee’s new employer is neither the Company nor an Affiliate, nor an
      acquiring or resulting entity following a Transaction or a
      Reorganization.

     

    Severance
      Pay will be based on the Employee’s base salary at the time the Employee is
      terminated from employment.  For exempt and nonexempt Employees, base
      salary is defined as the regular rate of pay excluding overtime, shift
      differential and the annual Performance Incentive Plan award.  For
      regular part-time Employees, Severance Pay will be calculated based on the
      average number of hours worked by the Employee for up to (but not exceeding)
      a
      period of twelve months immediately preceding the Employee’s termination of
      employment date.  For field sales Employees, Severance Pay is defined
      as the sum of 1) base salary and 2) the average of the monthly commissions
      actually paid for up to (but not exceeding) a period of twelve months
      immediately preceding the Employee’s notification of termination of employment
      date.  Notwithstanding anything to the contrary in this Plan, an
      Employee’s total Severance Pay will not exceed an amount that is twice the
      dollar limitation in effect under section 401(a)(17) of the Code for the
      calendar year preceding the calendar year in which occurs the Employee’s
      separation from service.  In 2007, the dollar limitation in effect
      under section 401(a)(17) of the Code was $225,000.

     

    In
      the
      event that an Employee has a change of control agreement, employment agreement,
      or any similar arrangement with the Company or an Affiliate, any Severance
      Benefits payable to such Employee under this Plan will be offset (reduced)
      by
      the amount of any payments or benefits that the Employee is or will become
      entitled to receive under any such change of control agreement or similar
      arrangement, whether or not such other agreement or arrangement makes explicit
      reference to this Plan.  Likewise, any Severance Benefits payable to
      an Employee under this Plan will be offset (reduced) by the amount of any
      payments that the Employee is or will become entitled to receive under any
      Company or Affiliate plan designed as full or partial income replacement,
      including but not limited to, payments under the Boston Scientific Corporation
      Executive Retirement Plan or under any of the Company’s or Affiliate’s
      short-term disability, long-term disability or workers’ compensation plans or
      coverages.  Furthermore, any Severance Benefits payable to an Employee
      under this Plan shall be reduced by any and all other benefits or payments
      prescribed under any applicable law or regulation requiring severance benefits
      or payments.  Any offset (reduction) under this Section
      IV will be effective on the day after the Employee’s termination
      of employment date as defined in Section III of the Plan.

     

    
      	
              A.  

            	
              Nonexempt
                Regular Full-Time and Regular Part-Time
                Employees

            

    

     

    Nonexempt
      Employees under the FLSA will be eligible to receive two weeks’ Severance Pay
      for each full year of continuous service (calculated as of the Employee’s
      employment 

     

    
      
        
        

      

      
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    date)
      with the Company.  The minimum Severance Pay provided to any nonexempt
      Employee will be four weeks and the maximum Severance Pay will be fifty-two
      weeks, depending on an Employee’s length of service.  For partial
      years of service after the first full year, an Employee will be credited with
      either (a) a full year of service if the Employee has six or more full months
      of
      service at the time of termination of employment; or (b) fifty percent of a
      full
      year of service if the Employee has less than six full months of service at
      the
      time of termination of employment.

     

    
      	
              B.  

            	
              Exempt
                - Manager Level and
                Below

            

    

     

    Individual
      contributors who are exempt Employees or supervisor or manager level exempt
      Employees will be eligible for one month’s Severance Pay for each full year of
      continuous service (calculated as of the Employee’s employment date) with the
      Company.  The minimum Severance Pay provided to such exempt Employees
      will be two months and the maximum Severance Pay will be twelve months,
      depending on an Employee’s length of service.  For partial years of
      service after the first full year, an Employee will be credited with either
      (a)
      a full year of service if the Employee has six or more full months of service
      at
      the time of termination of employment; or (b) fifty percent of a full year
      of
      service if the Employee has less than six full months of service at the time
      of
      termination of employment.

     

    
      	
              C.  

            	
              Exempt
                - Director Level and
                Above

            

    

     

    Director
      level and above exempt Employees will be eligible for one month’s Severance Pay
      for each full year of continuous service (calculated as of the Employee’s
      employment date) with the Company.  The minimum Severance Pay provided
      to director level and above exempt Employees will be six months and the maximum
      Severance Pay will be twelve months, depending on an Employee’s length of
      service.  For partial years of service after the first full year, an
      Employee will be credited with either (a) a full year of service if the Employee
      has six or more full months of service at the time of termination of employment;
      or (b) fifty percent of a full year of service if the Employee has less than
      six
      full months of service at the time of termination of employment.

     

    
      	
              V.  

            	
              ADMINISTRATION
                OF THE PLAN

            

    

     

    The
      Plan
      Administrator will be a “named fiduciary” for purposes of Section 402(a)(1) of
      the Employee Retirement Income Security Act of 1974 (“ERISA”) with authority to
      control and manage the operation and administration of the Plan, and will be
      responsible for complying with all of the reporting and disclosure requirements
      of Part 1 of Subtitle B of Title I of ERISA.  The administration of
      the Plan shall be under the supervision of the Plan Administrator.  To
      the fullest extent permitted by law, the Plan Administrator shall have the
      discretion to determine all matters relating to eligibility, coverage and
      benefits under the Plan, and the Plan Administrator shall have the discretion
      to
      determine all matters relating to the interpretation and operation of the
      Plan.  Any determination by the Plan Administrator shall be final and
      binding, in the absence of clear and convincing evidence that the Plan
      Administrator acted arbitrarily and capriciously.

     

    
      
        
        

      

      
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              VI.  

            	
              METHOD
                OF PAYMENT

            

    

     

    All
      Severance Pay amounts paid under the Plan will be paid in installments based
      on
      the Company’s payroll cycle as of the time when payments are made.

     

    
      	
              VII.  

            	
              LAYOFF
                NOTIFICATION

            

    

     

    
      	
              A.  

            	
              WARN
                Notice

            

    

     

    When
      a
      layoff results in a facility closing or relocation, or a significant reduction
      of staffing levels over a thirty-day period of time through involuntary
      termination of employment and the layoff requires advance notice under WARN,
      Employees will receive at least sixty days’ written notice of the
      layoff.  The Company will determine when a layoff meets the
      requirements of WARN and determine the appropriate notification
      period.

     

    
      	
              B.  

            	
              Notice
                in Other Circumstances; Pay in Lieu of
                Notice

            

    

     

    If
      the
      Company determines that a layoff will not require advance notice under WARN,
      the
      Company shall generally provide affected Employees at least thirty days’ written
      notice of the layoff.  If for any reason the Company does not provide
      an affected Employee at least thirty days’ notice, the Employee’s Severance Pay
      shall be increased by the base salary that would otherwise have been due to
      the
      Employee for the period from the date of termination to the end of such thirty
      day period.  The Severance Pay Period would be extended
      accordingly.  In the case of field sales Employees, average monthly
      commissions will also be taken into account in calculating additional Severance
      Pay in the same manner as set forth in Section IV.  Notwithstanding
      the foregoing, the Company shall not be obligated to provide thirty days of
      advance layoff notification or additional severance pay in the event of a layoff
      due to a Transaction.

     

    
      	
              C.  

            	
              Employee
                Rights and Obligations During Notice
                Period

            

    

     

    At
      the
      time of providing notice of layoff or at any time thereafter, the Company may
      notify an Employee that he or she is no longer required to report for active
      work.  If the Company gives such a notice, the Company reserves the
      right to change that determination and require an Employee to report to active
      work during the layoff notice period.  Even if not required to report
      for active work, the Company will continue to pay the Employee his or her
      regular base salary (as defined under Section IV of the Plan) and will continue
      all benefits provided according to the Company’s formal plan documents until the
      end of the notification period.  As a condition of continued
      employment and continued eligibility for Severance Benefits, an Employee may
      not
      be employed by another employer during the layoff notification period, except
      to
      the extent that such employment was approved in writing by the Company before
      notice of layoff.  Continuation of base salary during the layoff
      notice period (maximum of sixty days from the date of layoff notification)
      will
      be paid based on the Company’s current payroll cycle.  Except as
      otherwise specified below, Severance Benefits under the Plan will begin on
      the
      day after the termination of employment date.

     

    
      
        
        

      

      
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              D.  

            	
              Approval
                of Early Termination

            

    

     

    If
      an
      Employee seeks to be employed by another employer before the scheduled date
      for
      termination of employment, the Employee may request that his or her termination
      date be accelerated to an earlier date to enable the Employee to accept other
      employment without disqualifying the Employee from eligibility for Severance
      Benefits.  The Company reserves the right to determine whether to
      approve such a request in its discretion, after considering its possible needs
      for services from the Employee during the scheduled layoff notification period
      and any other factors that the Company considers to be
      relevant.  Pursuant to Section IX, the Company may require the
      Employee to provide information concerning his or her prospective employment
      as
      part of its consideration of such a request.

     

    If
      the
      Company approves a request to accelerate the Employee’s termination date and the
      Employee otherwise continues to qualify for Severance Benefits, (1) the
      Employee’s termination of employment date shall be adjusted accordingly and (2)
      the Company shall pay the Employee a lump sum equal to the base salary that
      would otherwise have been paid to the Employee if the Employee’s employment had
      continued to the Employee’s previously scheduled date of termination of
      employment.  The accelerated termination of employment date shall then
      be treated as the date of termination of employment for purposes of this Plan,
      including without limitation for the purpose of determining the commencement
      of
      the Severance Pay Period.  If the Company made any changes to the
      scheduled date of termination of employment for the Employee before the approval
      of the Employee’s request for acceleration of the termination date, the lump sum
      shall be calculated based on the most recently scheduled termination date before
      the approval of the Employee’s request for acceleration of the termination
      date.

     

    An
      Employee who seeks an accelerated employment termination date should
      make  written request to the Company’s Human Resources
      Department.  For the Company’s approval of an accelerated termination
      date to be effective, it must be issued in writing by an authorized member
      of
      the Human Resources Department.

     

    
      	
              VIII.  

            	
              OTHER
                SEVERANCE BENEFITS

            

    

     

    Except
      as
      otherwise provided below or as required by law, an Employee will cease to be
      eligible for Company health and welfare benefits as of the Employee’s
      termination of employment date.

     

    Continuation
      of Health Coverages

     

    Under
      the
      provisions of the Consolidated Omnibus Budget Reconciliation Act of 1985
      (COBRA), a covered employee’s termination of employment that results in a loss
      of coverage is a qualifying event that may entitle an Employee and his or her
      spouse and dependent child(ren), if any, to elect to continue coverage (referred
      to as COBRA coverage) under the Company’s health plan(s) for up to eighteen
      months from the date of the qualifying event.  COBRA coverage may
      continue beyond the eighteen-month period under certain circumstances as
      described in (b) below or as legally required.  The Company shall
      issue written notice to an Employee who has experienced a qualifying event
      setting forth the process for electing continued coverage pursuant to
      COBRA.  For 

     

    
      
        
        

      

      
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    an
      Employee to qualify for continuation of health coverage pursuant to this Plan,
      the Employee must make a timely election of COBRA coverage pursuant to the
      Company’s administrative process.

     

    The
      Company’s group health plans include medical, dental, vision and, in certain
      circumstances, health care flexible spending accounts.  During the
      Severance Pay Period, the Company will administer continued health coverages
      as
      follows:

     

    (a)           During
      the Severance Pay Period, the Employee’s coverage under the Company’s group
      health plans will continue under the same general terms and conditions as in
      effect immediately prior to the Employee’s termination of employment, including
      the same premium contribution levels as apply to active eligible employees
      (allowing for generally applicable changes in health coverages and contribution
      amounts that may occur during the Severance Pay Period), provided that the
      Employee was enrolled in the applicable plans on the date of termination of
      employment, the Employee (and his or her spouse and dependent child(ren) if
      any)
      does not become eligible to be covered under any other group health plan and
      the
      Employee continues to pay the appropriate employee contribution.  If
      an Employee does not timely elect COBRA coverage with respect to a group health
      plan, any coverage that was provided during the Severance Pay Period shall
      be
      discontinued.  If payroll deductions were made in anticipation of an
      election of COBRA coverage that is not made, the deducted amounts shall be
      returned to the Employee unless claims under any of the plans have been paid
      for
      services rendered during the Severance Pay Period.

     

    (b)           At
      the end of the Severance Pay Period, if still covered under one or more of
      the
      Company’s group health plans, the Employee (and his or her spouse and dependent
      child(ren), if any) will be treated as having experienced another qualifying
      event for the purpose of such plan or plans and will have the option to elect
      COBRA coverage for the applicable COBRA period under such plan(s) commencing
      at
      the end of the Severance Pay Period, provided that the Employee (and his or
      her
      spouse and dependent child(ren), if any) is a qualified
      beneficiary.  In accordance with the applicable COBRA regulations, for
      purposes of the preceding sentence, the “applicable COBRA period” will begin to
      run when health coverage is lost (i.e., at the end of the Severance Pay
      Period).  The thirty-day notice period under COBRA during which the
      Company is required to notify the Plan Administrator of the qualifying event
      for
      purposes of this paragraph shall begin on the date of the loss of coverage
      (i.e., the day after the end of the Severance Pay Period) rather than the date
      of termination of employment.  COBRA coverage shall terminate at the
      earliest date permitted by COBRA.  During the applicable COBRA period,
      102% (or 150%, if applicable) of the actual cost of coverage will be charged
      for
      the continued coverage.  Coverage will cease if the required
      contributions are not paid by the applicable due date.

     

    In
      either
      (a) or (b) above, new coverage elections may be made at the subsequent annual
      open enrollment period or within thirty-one days of an applicable change in
      status identified in the Benefit Matrix portion of the Boston Scientific Summary
      Plan Description then in effect; provided the eligibility requirements continue
      to be met at that time.  The health coverages available during any
      Severance Pay Period or COBRA period 

     

    
      
        
        

      

      
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    and/or
      the cost/employee contribution rates for such coverages may be changed by the
      Company from time to time in accordance with the coverages and/or cost/employee
      contribution rates applicable to active employee coverages
      generally.

     

    Continuation
      of Life Insurance

     

    During
      the Severance Pay Period, coverage in the Company’s group life insurance plan –
both basic life insurance and voluntary life insurance (both Employee and
      dependent coverage) – will continue, provided that the Employee was enrolled in
      the applicable plan on the date of termination of employment and the Employee
      continues to pay the appropriate premium.  However, continuation of
      coverage in the Company’s group life insurance plan will cease before the end of
      the Severance Pay Period if the Employee becomes eligible for other group life
      insurance coverage from a subsequent employer.  At the end of the
      Severance Pay Period (or, if earlier, the date the Employee becomes eligible
      for
      other group life insurance coverage from a subsequent employer) the Employee
      may
      be eligible to convert the group life insurance coverage to an individual policy
      of life insurance in accordance with the terms of the group life insurance
      policy issued to the Company.

     

    Outplacement
      Benefits

     

    The
      Company shall provide outplacement benefits for Employees who are eligible
      for
      benefits under this Plan.  The Company shall determine the
      outplacement benefits to be provided to Employees.  Each Employee will
      be given information about outplacement benefits that are available to him
      or
      her upon or after notice of layoff.  Subject to the terms of the
      particular outplacement programs, outplacement benefits may be available soon
      after notice of layoff and shall continue for the period specified in the
      outplacement program, subject to continued eligibility for Severance
      Benefits.

     

    
      	
              IX.  

            	
              REPORTING
                OBLIGATION

            

    

     

    Employees
      who receive Severance Benefits are expected to report any employment, benefit
      eligibility or other events that affect their eligibility for Severance Benefits
      under this Plan.  Continuation of Severance Benefits may be
      conditioned on responding promptly and fully to requests for information
      pursuant to this provision.

     

    
      	
              X.  

            	
              FUTURE
                OF THE PLAN

            

    

     

    Boston
      Scientific has established the Plan with the bona fide intention and expectation
      that it will be continued indefinitely, but Boston Scientific shall not have
      any
      obligation whatsoever to maintain the Plan for any given length of time, and
      Boston Scientific may at any time amend or terminate the Plan, in whole or
      in
      part, with respect to any or all of its participants and/or
      beneficiaries.  Any such amendment or termination shall be effected by
      a written instrument signed by an officer of Boston Scientific, or his or her
      authorized delegate, and delivered to the Plan Administrator.  The
      Plan Administrator has the right to revise and update from time to time the
      information contained in the attached Schedule A.  No vested rights
      of any nature are provided under the Plan.

     

    
      
        
        

      

      
        -
          10
          -

        
          

        

      

      
        
        

      

    

    
      	
              XI.  

            	
              PLAN
                STATUS

            

    

     

    No
      Severance Benefit shall be paid under the Plan to the extent the payment of
      such
      Severance Benefit would cause the Plan to be deemed to constitute an “employee
      pension benefit plan” or “pension plan” under Section 3(2)(A) of ERISA and 29
      C.F.R. §2510.3-2(b).

     

    The
      Plan
      is intended to constitute a separation pay arrangement that does not provide
      for
      the deferral of compensation within the meaning of Section 409A of the Code
      and
      the regulations issued thereunder.  Notwithstanding that intent, the
      Plan Administrator will administer the Plan in compliance with Section 409A
      of
      the Code in the event that the Plan is or would be deemed to provide for the
      deferral of compensation within the meaning of Section 409A of the
      Code.

     

    Solely
      for the purposes of Section 409A of the Code, each installment payment of
      Severance Pay is considered a separate payment.  In addition,
      notwithstanding anything to the contrary in this Plan, special payment standards
      may apply to any Employee who is considered a “specified employee” within the
      meaning of Section 409A(a)(2)(B)(i) of the Code.  Subject to the
      precise terms of Section 409A of the Code, a “specified employee” basically
      means one of the fifty highest paid officers of the Company.  If any
      payment that such an Employee becomes entitled to receive under this Plan would
      be considered deferred compensation subject to interest and additional tax
      imposed pursuant to Section 409A(a) of the Code as a result of the application
      of Section 409A(a)(2)(B)(i) of the Code, then no such payment shall be payable
      prior to the date that is the earlier of (a) six months after the
      Employee’s separation from service, or (b) the Employee’s death, and the
      initial payment shall include a catch-up amount covering amounts that would
      otherwise have been paid during the first six-month period but for the
      application of this sentence.

     

    
      	
              XII.  

            	
              BENEFITS
                SOLELY FROM GENERAL
                ASSETS

            

    

     

    Except
      as
      may otherwise be required by law, the benefits provided hereunder will be paid
      solely from the general assets of the Company.  Nothing herein will be
      construed to require the Company to maintain any fund or segregate any amount
      for the benefit of any Employee, and no Employee or other person shall have
      any
      claim against, right to, or security or other interest in, any fund, account
      or
      asset of the Company from which any payment under the Plan may be
      made

     

    
      	
              XIII.  

            	
              LIMITATION
                OF RIGHTS

            

    

     

    Neither
      the establishment of the Plan nor any amendment thereof will be construed as
      giving to any Employee or other person any legal or equitable right against
      the
      Company, and in no event will the terms of employment or service of any Employee
      be modified or in any way affected hereby.  Nothing contained in the
      Plan nor any action taken hereunder shall be construed as a contract of
      employment or as giving any employee any right to be retained in the employ
      of
      the Company.

     

    
      
        
        

      

      
        -
          11
          -

        
          

        

      

      
        
        

      

    

    
      	
              XIV. 

            	
              CLAIMS
                PROCEDURES

            

    

     

    If
      any
      person believes he or she is being denied any rights or benefits under the
      Plan,
      such person or a duly authorized representative may file a claim in writing
      with
      the Plan Administrator.  If any such claim under the Plan is wholly or
      partially denied, the Plan Administrator will provide the claimant with a
      written explanation which will include (i) the specific reasons for the denial,
      (ii) reference to the pertinent plan provisions upon which the denial is based,
      (iii) a description of any additional information the claimant might be required
      to provide with an explanation of why it is needed, and (iv) an explanation
      of
      the Plan’s claim review procedure and the time limits applicable to such
      procedures, including a statement of the claimant’s right to bring a civil
      action under Section 502(a) of ERISA following an adverse determination on
      review.  The claimant may have representation throughout the claim
      procedure.

     

    A
      written
      claim denial will be sent within a reasonable period of time, but no later
      than
      90 days after receipt of the claim by the Plan.  The 90 days may be
      extended for up to another 90 days if special circumstances warrant an extension
      of time.  If such an extension is needed, the claimant will be
      notified in writing prior to the beginning of the extension
      period.  The extension notice will indicate the special circumstances
      requiring an extension of time and the date by which the Plan expects to render
      a decision.

     

    The
      claimant or a duly authorized representative may appeal any denial of a claim
      for benefits by filing a written request for a full and fair review with the
      Plan Administrator.  In connection with such a request, documents,
      records, and other information relevant to the claim may be reviewed (and shall
      be provided, upon request and free of charge), and comments and issues outlining
      the basis of the appeal may be submitted in writing, together with related
      documents, records, and other information relating to the claim.  The
      claimant may have representation throughout the review procedure.

     

    A
      request
      for a review must be filed within 60 days of the claimant’s receipt of the
      written notice of denial of a claim.  The full and fair review will be
      held and a decision rendered by the Plan Administrator within a reasonable
      time,
      but no later than 60 days after receipt of the request for review, unless
      special circumstances require an extension of time.  If there are
      special circumstances, the decision will be made as soon as possible, but not
      later than 120 days after receipt of the request for review.  If an
      extension of time is needed, the claimant will be notified in writing prior
      to
      the beginning of the time extension period.  The decision after the
      review will be in writing and will include specific reasons for the decision
      as
      well as specific references to the pertinent plan provisions on which the
      decision is based.  An adverse determination will also include a
      statement that the claimant is entitled to receive, upon request and free of
      charge, reasonable access to, and copies of, all documents, records, and other
      information relevant to the claim, and a statement of the claimant’s right to
      bring an action under section 502(a) of ERISA.

     

    No
      claim
      may be brought for benefits under this Plan unless the claim and appeal
      procedures described above have been exhausted.  No suit may be
      brought for benefits under this Plan more than one (1) year following the final
      determination by the Plan 

     

    
      
        
        

      

      
        -
          12
          -

        
          

        

      

      
        
        

      

    

    Administrator
      under the claim and appeal procedures described above, or more than two (2)
      years from the date of events giving rise to the claim.

     

    
      	
              XV.  

            	
              GOVERNING
                LAW

            

    

     

    To
      the
      extent not preempted by ERISA or any other federal statutes or regulations,
      the
      Plan shall be governed by, and construed in accordance with, the laws of the
      Commonwealth of Massachusetts.

     

    *
      * * *
      *

     

    IN
      WITNESS WHEREOF, Boston Scientific Corporation has caused this amended and
      restated Plan to be executed in its name and on its behalf effective as of
      November 1, 2007 by an officer or a duly authorized delegate.

     

     

    
      	 	
              BOSTON
                SCIENTIFIC CORPORATION

              

              

              

              By:     
                /s/ Lucia L. Quinn

              
                

              

              Lucia
                L. Quinn

              Executive
                Vice President,

              Human
                Resources

            

    

    

    

    Date:  October
      29, 2007

    

     

    
      
        
        

      

      
        -
          13
          -

        
          

        

      

      
        
        

      

    

     SCHEDULE
      A Boston Scientific Corporation Domestic Participating Entities Effective as
      of
      January 1, 2002

    
      
        	
                Name
                  of Company

              	
                Primary
                  Location

              
	 	 
	
                Boston
                  Scientific Glens Falls Corp.  (formerly

              	 
	
                Schneider/NAMIC

              	
                New
                  York

              
	
                Boston
                  Scientific Miami Corporation (formerly Symbiosis

              	 
	
                Corporation)

              	
                Florida

              
	
                Boston
                  Scientific Mountain View Corp.  (formerly
                  Embolic

              	 
	
                Protection,
                  Inc.)

              	
                California

              
	
                Boston
                  Scientific Scimed, Inc.

              	
                Minnesota

              
	
                Boston
                  Scientific Wayne Corporation (formerly Meadox

              	 
	
                Medicals,
                  Inc.)

              	
                New
                  Jersey

              
	
                EP
                  Technologies, Inc.

              	
                California

              
	
                Interventional
                  Technologies, Inc.

              	
                California

              
	
                Target
                  Therapeutics, Inc.

              	
                California

              
	 	 
	
                As
                  of January 1, 2003

              	 
	 	 
	
                Smart
                  Therapeutics, Inc.

              	
                California

              
	 	 
	
                As
                  of January 1, 2006

              	 
	
                Corporation
                  CryoVascular Systems, Inc.

              	
                Delaware

              
	
                Precision
                  Vascular Systems, Inc.

              	
                Delaware

              
	
                Rubicon
                  Medical Corporation

              	
                Delaware

              
	 	 
	
                As
                  of January 22, 2007

              	 
	 	 
	
                EndoTex
                  Interventiona1 Systems, Inc.

              	
                Delaware

              
	 	 
	
                As
                  of April 22, 2007

              	 
	 	 
	
                Guidant
                  Corporation

              	
                Indiana

              
	 	 
	 	 

      

    
      
        
        

      

      
        -
          14
          -Exhibit 4.1

 

Execution Copy

 

 

 

 

REGISTRATION RIGHTS AGREEMENT

 

BY AND AMONG

 

BREITBURN ENERGY PARTNERS L.P.

 

AND

 

THE PURCHASERS NAMED HEREIN

 

 

 

 

 

TABLE OF CONTENTS

 

	
   

  	
   

  	
   

  	
  Page

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ARTICLE I

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  DEFINITIONS

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Section 1.1

  	
   

  	
  Definitions

  	
  1

  
	
  Section 1.2

  	
   

  	
  Registrable Securities

  	
  3

  
	
   

  	
   

  	
  ARTICLE II

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  REGISTRATION
  RIGHTS

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Section 2.1

  	
   

  	
  Registration

  	
  3

  
	
  Section 2.2

  	
   

  	
  Piggyback Rights

  	
  5

  
	
  Section 2.3

  	
   

  	
  Underwritten Offering

  	
  7

  
	
  Section 2.4

  	
   

  	
  Sale Procedures

  	
  8

  
	
  Section 2.5

  	
   

  	
  Cooperation by Holders

  	
  11

  
	
  Section 2.6

  	
   

  	
  Restrictions on Public
  Sale by Holders of Registrable Securities

  	
  11

  
	
  Section 2.7

  	
   

  	
  Expenses

  	
  12

  
	
  Section 2.8

  	
   

  	
  Indemnification

  	
  12

  
	
  Section 2.9

  	
   

  	
  Rule 144 Reporting

  	
  14

  
	
  Section 2.10

  	
   

  	
  Transfer or Assignment
  of Registration Rights

  	
  15

  
	
  Section 2.11

  	
   

  	
  Limitation on
  Subsequent Registration Rights

  	
  15

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ARTICLE III

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  MISCELLANEOUS

  	
   

  
	
  Section 3.1

  	
   

  	
  Communications

  	
  15

  
	
  Section 3.2

  	
   

  	
  Successor and Assigns

  	
  16

  
	
  Section 3.3

  	
   

  	
  Aggregation of
  Purchased Units

  	
  16

  
	
  Section 3.4

  	
   

  	
  Recapitalization,
  Exchanges, Etc. Affecting the Common Units

  	
  16

  
	
  Section 3.5

  	
   

  	
  Specific Performance

  	
  16

  
	
  Section 3.6

  	
   

  	
  Counterparts

  	
  16

  
	
  Section 3.7

  	
   

  	
  Headings

  	
  16

  
	
  Section 3.8

  	
   

  	
  Governing Law

  	
  17

  
	
  Section 3.9

  	
   

  	
  Severability of
  Provisions

  	
  17

  
	
  Section 3.10

  	
   

  	
  Entire Agreement

  	
  17

  
	
  Section 3.11

  	
   

  	
  Amendment

  	
  17

  
	
  Section 3.12

  	
   

  	
  No Presumption

  	
  17

  
	
  Section 3.13

  	
   

  	
  Obligations Limited to
  Parties to Agreement

  	
  17

  
	
  Section 3.14

  	
   

  	
  Interpretation

  	
  18

  

 

i

 

REGISTRATION RIGHTS AGREEMENT

 

THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”)
is made and entered into as of November 1, 2007 by and among BreitBurn Energy
Partners L.P., a Delaware limited partnership (“BreitBurn”), and each of
Purchasers listed in Schedule 2.1 to the Purchase Agreement (a “Purchaser” and,
collectively, the “Purchasers”).

 

WHEREAS, this Agreement is made in connection with the
Closing of the issuance and sale of the Purchased Units pursuant to the Unit
Purchase Agreement, dated as of September 11, 2007, by and among BreitBurn and
the Purchasers (the “Purchase Agreement”);

 

WHEREAS, BreitBurn has agreed to provide the
registration and other rights set forth in this Agreement for the benefit of
the Purchasers pursuant to the Purchase Agreement; and

 

WHEREAS, it is a condition to the obligations of each
Purchaser and BreitBurn under the Purchase Agreement that this Agreement be
executed and delivered.

 

NOW THEREFORE, in consideration of the mutual
covenants and agreements set forth herein and for good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged by
each party hereto, the parties hereby agree as follows:

 

ARTICLE I

DEFINITIONS

 

Section 1.1             Definitions. Capitalized terms used herein without
definition shall have the meanings given to them in the Purchase Agreement. The
terms set forth below are used herein as so defined:

 

“Agreement” has the meaning specified therefor
in the introductory paragraph.

 

“BreitBurn” has the meaning specified therefor
in the introductory paragraph.

 

“Effectiveness Period” has the meaning
specified therefor in Section 2.1(a)(i) of this Agreement.

 

“Holder” means the record holder of any
Registrable Securities.

 

“Included Registrable Securities” has the
meaning specified therefor in Section 2.2(a) of this Agreement.

 

“Liquidated Damages” has the meaning specified
therefor in Section 2.1(a)(ii) of this Agreement.

 

“Liquidated Damages Multiplier” means the
product of $27.00 times the number of Common Units purchased by such Purchaser.

 

1

 

“Losses” has the meaning specified therefor in
Section 2.8(a) of this Agreement.

 

“Managing Underwriter” means, with respect to
any Underwritten Offering, the book-running lead manager of such Underwritten
Offering.

 

“Opt Out Notice” has the meaning specified
therefor in Section 2.2(a) of this Agreement.

 

“Other Holders” has the meaning specified
therefor in Section 2.2(b).

 

“Other Registrable Securities” means
Registrable Securities as defined in (i) that certain Registration Rights
Agreement of BreitBurn dated as of May 24, 2007, and (ii) that certain
Registration Rights Agreement of BreitBurn dated as of May 25, 2007.

 

“Partnership Agreement” means the First Amended
and Restated Limited Partnership Agreement of BreitBurn Energy Partners L.P.,
dated as of October 10, 2006.

 

“Purchase Agreement” has the meaning specified
therefor in the Recitals of this Agreement.

 

“Purchaser” and “Purchasers” have the
meanings specified therefor in the introductory paragraph of this Agreement.

 

“Purchaser Underwriter Registration Statement”
has the meaning specified therefor in Section 2.4(o) of this Agreement.

 

“Registrable Securities” means:  (i) the Purchased Units, and (ii) any Common
Units issued as Liquidated Damages pursuant to this Agreement, all of which
Registrable Securities are subject to the rights provided herein until such
rights terminate pursuant to the provisions hereof.

 

“Registration Deadline” means 275 days from the
Closing Date.

 

“Registration Expenses” has the meaning
specified therefor in Section 2.7(a) of this Agreement.

 

“Registration Statement” has the meaning
specified therefor in Section 2.1(a)(i) of this Agreement.

 

“Selling Expenses” has the meaning specified
therefor in Section 2.7(a) of this Agreement.

 

“Selling Holder” means a Holder who is selling
Registrable Securities pursuant to a registration statement.

 

“Underwritten Offering” means an offering
(including an offering pursuant to a Registration Statement) in which Common
Units are sold by BreitBurn to an underwriter on a firm commitment basis for
reoffering to the public or an offering that is a “bought deal” with one or
more investment banks.

 

2

 

“Underwritten Offering Request” has the meaning
specified therefor in Section 2.3(a) of this Agreement.

 

Section 1.2             Registrable Securities. Any Registrable Security will cease
to be a Registrable Security when:  (a) a
registration statement covering such Registrable Security has been declared
effective by the Commission and such Registrable Security has been sold or
disposed of pursuant to such effective registration statement; (b) such
Registrable Security has been disposed of pursuant to any section of Rule 144
(or any similar provision then in force) under the Securities Act; (c) such
Registrable Security can be disposed of pursuant to Rule 144(k) (or any similar
provision then in force) under the Securities Act; (d) such Registrable
Security is held by BreitBurn or one of its Subsidiaries; or (e) such
Registrable Security has been sold in a private transaction in which the
transferor’s rights under this Agreement are not assigned to the transferee of
such securities.

 

ARTICLE II

REGISTRATION RIGHTS

 

Section 2.1                                      Registration.

 

(a)                                  Registration

 

(i)                                     Deadline To Go Effective.
BreitBurn shall prepare and file a registration statement under the Securities
Act to permit the resale of the Registrable Securities from time to time,
including as permitted by Rule 415 under the Securities Act (or any similar
provision then in force) with respect to all of the Registrable Securities (the
“Registration Statement”). BreitBurn shall use its commercially
reasonable efforts to cause the Registration Statement to become effective no
later than the Registration Deadline. A Registration Statement filed pursuant
to this Section 2.1 shall be on such appropriate registration form of the
Commission as shall be selected by BreitBurn. BreitBurn will use its
commercially reasonable efforts to cause the Registration Statement filed
pursuant to this Section 2.1 to be continuously effective under the Securities
Act until the date which all Registrable Securities have ceased to be
Registrable Securities pursuant to Section 1.2 (the “Effectiveness Period”).
The Registration Statement when declared effective (including the documents
incorporated therein by reference) shall comply as to form with all applicable
requirements of the Securities Act and the Exchange Act and shall not contain
an untrue statement of a material fact or omit to state a material fact
required to be stated therein or necessary to make the statements therein not
misleading.

 

(ii)                                  Failure To Go Effective.
If the Registration Statement required by Section 2.1 of this Agreement is not
declared effective by the Registration Deadline, then each Purchaser shall be
entitled to a payment with respect to the Purchased Units of each such
Purchaser, as liquidated damages and not as a penalty, of 0.25% of the
Liquidated Damages Multiplier per 30-day period or applicable portion thereof
for the first 60 days following the Registration Deadline, increasing by an
additional 0.25% of the Liquidated Damages Multiplier per 30-day period or
applicable portion thereof for each subsequent

 

3

 

60 days, up to a
maximum of 1.0% of the Liquidated Damages Multiplier per 30-day period or
applicable portion thereof (the “Liquidated Damages”); provided,  however,
the aggregate amount of Liquidated Damages payable by BreitBurn under this
Agreement to each Purchaser shall not exceed 10.0% of the aggregate proceeds
from the sale of the Purchased Units. The Liquidated Damages payable pursuant
to the immediately preceding sentence shall be payable within ten (10) Business
Days of the end of each such 30-day period or applicable portion thereof. Any
Liquidated Damages shall be paid to each Purchaser in cash or immediately
available funds; provided, however, if BreitBurn certifies that it is
unable to pay Liquidated Damages in cash or immediately available funds because
such payment would result in a breach under any of BreitBurn’s or BreitBurn’s
Subsidiaries’ credit facilities or other indebtedness filed as exhibits to the
BreitBurn SEC Documents, then to the extent it is unable to pay Liquidated
Damages in cash, BreitBurn may pay the Liquidated Damages in kind in the form
of the issuance of additional Common Units. Upon any issuance of Common Units
as Liquidated Damages, BreitBurn shall promptly prepare and file an amendment
to the Registration Statement prior to its effectiveness adding such Common
Units to such Registration Statement as additional Registrable Securities. The
determination of the number of Common Units to be issued as Liquidated Damages
shall be equal to the amount of Liquidated Damages divided by the volume
weighted average closing price of the Common Units (as reported by The Nasdaq
Global Market) for the ten (10) trading days immediately preceding the date on
which the Liquidated Damages payment is due. The payment of Liquidated Damages
to a Purchaser shall cease at the earlier of (i) the effectiveness of the
Registration Statement and (ii) such time as the Purchased Units of such
Purchaser become eligible for resale under Rule 144(k) promulgated under the
Securities Act. As
soon as practicable following the date that the Registration Statement becomes
effective, but in any event within two Business Days of such date, BreitBurn
shall provide the Purchasers with written notice of the effectiveness of the
Registration Statement.

 

(iii)                               Waiver of Liquidated Damages.
If BreitBurn is unable to cause a Registration Statement to be declared
effective by the Registration Deadline as a result of an acquisition, merger,
reorganization, disposition or other similar transaction, then BreitBurn may
request a waiver of the Liquidated Damages, which may be granted or withheld by
the consent of the Holders of a majority of the Purchased Units, taken as a
whole, in their sole discretion.

 

(iv)                              Termination of Purchaser’s Rights.
A Purchaser’s rights (and any transferee’s rights pursuant to Section 2.10 of
this Agreement) under this Section 2.1 shall terminate upon the termination of
the Effectiveness Period.

 

(b)                                 Delay
Rights. Notwithstanding anything to the contrary contained herein,
BreitBurn may, upon written notice to any Selling Holder whose Registrable
Securities are included in the Registration Statement, suspend such Selling
Holder’s use of any prospectus which is a part of the Registration Statement
(in which event the Selling Holder shall discontinue sales of the Registrable
Securities pursuant to the Registration Statement, but such Selling Holder may
settle any such sales of Registrable Securities) if (i) BreitBurn is pursuing
an

 

4

 

acquisition, merger, reorganization, disposition or
other similar transaction and BreitBurn determines in good faith that BreitBurn’s
ability to pursue or consummate such a transaction would be materially
adversely affected by any required disclosure of such transaction in the
Registration Statement or (ii) BreitBurn has experienced some other material
non-public event the disclosure of which at such time, in the good faith
judgment of BreitBurn, would materially adversely affect BreitBurn; provided, however,
in no event shall the Purchasers be suspended for a period that exceeds an
aggregate of 60 days in any 180-day period or 90 days in any 365-day period. Upon
disclosure of such information or the termination of the condition described
above, BreitBurn shall provide prompt notice to the Selling Holders whose
Registrable Securities are included in the Registration Statement, shall
promptly terminate any suspension of sales it has put into effect and shall
take such other actions to permit registered sales of Registrable Securities as
contemplated in this Agreement.

 

(c)                                  Additional
Rights to Liquidated Damages. If (i) the Holders shall be prohibited from
selling their Registrable Securities under the Registration Statement as a
result of a suspension pursuant to Section 2.1(b) of this Agreement in excess
of the periods permitted therein or (ii) the Registration Statement is filed
and declared effective but, during the Effectiveness Period, shall thereafter
cease to be effective or fail to be usable for its intended purpose without
being succeeded by a post-effective amendment to the Registration Statement, a
supplement to the prospectus or a report filed with the Commission pursuant to
Sections 13(a), 13(c), 14 or l5(d) of the Exchange Act, then, until the
suspension is lifted or a post-effective amendment, supplement or report is filed
with the Commission, but not including any day on which a suspension is lifted
or such amendment, supplement or report is filed and declared effective, if
applicable, BreitBurn shall owe the Holders an amount equal to the Liquidated
Damages, following (x) the date on which the suspension period exceeded the
permitted period under 2.1(b) of this Agreement or (y) the day after the
Registration Statement ceased to be effective or failed to be useable for its
intended purposes, as liquidated damages and not as a penalty. For purposes of
this Section 2.1(c), a suspension shall be deemed lifted on the date that
notice that the suspension has been lifted is delivered to the Holders pursuant
to Section 3.1 of this Agreement.

 

Section 2.2                                      Piggyback Rights.

 

(a)                                  Participation.
If (i) at any time after the Lock-up Date BreitBurn proposes to file a
prospectus supplement to an effective shelf registration statement, other than
the Registration Statement contemplated by Section 2.1, or (ii) at any time
after the Lock-up Date BreitBurn proposes to file a registration statement,
other than a shelf registration statement, for the sale of Common Units in an
Underwritten Offering for its own account and/or the account of another Person,
then as soon as practicable but not less than three Business Days prior to the
filing of (x) any preliminary prospectus supplement relating to such
Underwritten Offering pursuant to Rule 424(b) under the Securities Act, (y) the
prospectus supplement relating to such Underwritten Offering pursuant to Rule
424(b) under the Securities Act (if no preliminary prospectus supplement is
used) or (z) such registration statement, as the case may be, then BreitBurn
shall give notice (including, but not limited to, notification by electronic
mail) of such proposed Underwritten Offering to the Holders and such notice
shall offer the Holders the opportunity to include in such Underwritten
Offering such number of Registrable Securities (the “Included

 

5

 

Registrable Securities”) as each
such Holder may request in writing; provided,
however, that if BreitBurn has
been advised by the Managing Underwriter that the inclusion of Registrable
Securities for sale for the benefit of the Holders will have a material adverse
effect on the price, timing or distribution of the Common Units in the
Underwritten Offering, then the amount of Registrable Securities to be offered
for the accounts of Holders shall be determined based on the provisions of
Section 2.2(b) of this Agreement; provided, further,
that BreitBurn shall not be obligated to include any Registrable Securities in
any Underwritten Offering unless the Holders request inclusion of at least
$10 million of Registrable Securities in the aggregate in such offering. The
notice required to be provided in this Section 2.2(a) to Holders shall be
provided on a Business Day pursuant to Section 3.1 hereof and receipt of such
notice shall be confirmed by such Holder. Each such Holder shall then have
three Business Days after receiving such notice to request inclusion of
Registrable Securities in the Underwritten Offering, except that such Holder
shall have one Business Day after such Holder confirms receipt of the notice to
request inclusion of Registrable Securities in the Underwritten Offering in the
case of a “bought deal” or “overnight transaction” where no preliminary
prospectus is used. If no request for inclusion from a Holder is received
within the specified time, each such Holder shall have no further right to
participate in such Underwritten Offering. If, at any time after giving written
notice of its intention to undertake an Underwritten Offering and prior to the
closing of such Underwritten Offering, BreitBurn shall determine for any reason
not to undertake or to delay such Underwritten Offering, BreitBurn may, at its
election, give written notice of such determination to the Selling Holders and,
(x) in the case of a determination not to undertake such Underwritten Offering,
shall be relieved of its obligation to sell any Included Registrable Securities
in connection with such terminated Underwritten Offering, and (y) in the case
of a determination to delay such Underwritten Offering, shall be permitted to
delay offering any Included Registrable Securities for the same period as the
delay in the Underwritten Offering. Any Selling Holder shall have the right to
withdraw such Selling Holder’s request for inclusion of such Selling Holder’s
Registrable Securities in such offering by giving written notice to BreitBurn
of such withdrawal up to and including the time of pricing of such offering. Each
Holder’s rights under this Section 2.2(a) shall terminate when such Holder
(together with any Affiliates or swap counterparties of such Holder) holds less
than $20 million of Purchased Units, based on the Commitment Amounts. Notwithstanding
the foregoing, any Holder may deliver written notice (an “Opt Out Notice”)
to BreitBurn requesting that such Holder not receive notice from BreitBurn of
any proposed Underwritten Offering; provided that
such Holder may later revoke any such notice.

 

(b)                                 Priority
of Rights. If the Managing Underwriter or Underwriters of any proposed
Underwritten Offering of Common Units included in an Underwritten Offering
involving Included Registrable Securities advises BreitBurn that the total
amount of Common Units that the Selling Holders and any other Persons intend to
include in such offering exceeds the number that can be sold in such offering
without being likely to have a material adverse effect on the price, timing or
distribution of the Common Units offered or the market for the Common Units,
then the Common Units to be included in such Underwritten Offering shall
include the number of Registrable Securities that such Managing Underwriter or
Underwriters advises BreitBurn can be sold without having such adverse effect,
with such number to be allocated (i) first, to BreitBurn, (ii) second, to the
General Partner and its Affiliates to the extent they have been granted
registration rights pursuant to the Partnership Agreement, and (iii) third, pro
rata among

 

6

 

the Selling Holders party to this Agreement and any
other Persons who have been or are granted registration rights, “Other
Holders”), in each case, who have requested participation in such
Underwritten Offering. The pro rata allocations for each such Selling Holder
shall be the product of (a) the aggregate number of Common Units proposed to be
sold by all Selling Holders and Other Holders in such Underwritten Offering
multiplied by (b) the fraction derived by dividing (x) the number of Common
Units owned on the Registration Deadline by such Selling Holder or Other Holder
by (y) the aggregate number of Common Units owned on the Registration Deadline
by all Selling Holders and Other Holders participating in the Underwritten
Offering. All participating Selling Holders shall have the opportunity to share
pro rata that portion of such priority allocable to any Selling Holder(s) not
so participating. As of the date of execution of this Agreement, there are no
other Persons with Registration Rights relating to Common Units other than (i)
the rights granted pursuant to that certain Registration Rights Agreement of
BreitBurn dated as of May 24, 2007, that certain Registration Rights Agreement
of BreitBurn dated as of May 25, 2007, and that certain Registration Rights
Agreement of BreitBurn to be entered into with Hermes pursuant to the Hermes
Contribution Agreement, (ii) as described in this Section 2.2(b), and
(iii) as set forth in the Partnership Agreement.

 

Section 2.3                                      Underwritten Offering.

 

(a)                                  Request
for Underwritten Offering. If a Selling Holder elects to dispose of
Registrable Securities under the Registration Statement and Other Registrable
Securities under the registration statement applicable to such securities
pursuant to an Underwritten Offering and reasonably anticipates gross proceeds
of greater than seventy five million dollars ($75,000,000.00) from such
Underwritten Offering, BreitBurn shall, at the request of such Selling Holder
(each, an “Underwritten Offering Request”), enter into an underwriting
agreement in customary form with the Managing Underwriter or Underwriters,
which shall include, among other provisions, indemnities to the effect and to
the extent provided in Section 2.8, and shall take all such other reasonable
actions as are requested by the Managing Underwriter to expedite or facilitate
the disposition of the Registrable Securities; provided, however, that the
Purchasers will not make more than one Underwritten Offering Request in any
180-day period.

 

General Procedures. In connection
with any Underwritten Offering under this Agreement, BreitBurn shall be
entitled to select the Managing Underwriter or Underwriters. In connection with
an Underwritten Offering contemplated by this Agreement in which a Selling
Holder participates, each Selling Holder and BreitBurn shall be obligated to
enter into an underwriting agreement that contains such representations,
covenants, indemnities and other rights and obligations as are customary in
underwriting agreements for firm commitment offerings of securities. No Selling
Holder may participate in such Underwritten Offering unless such Selling Holder
agrees to sell its Registrable Securities on the basis provided in such
underwriting agreement and completes and executes all questionnaires, powers of
attorney, indemnities and other documents reasonably required under the terms
of such underwriting agreement. Each Selling Holder may, at its option, require
that any or all of the representations and warranties by, and the other
agreements on the part of, BreitBurn to and for the benefit of such
underwriters also be made to and for such Selling Holder’s benefit and that any
or all of the conditions precedent to the obligations of such underwriters
under such underwriting agreement

 

7

 

also be conditions
precedent to its obligations. No Selling Holder shall be required to make any
representations or warranties to or agreements with BreitBurn or the
underwriters other than representations, warranties or agreements regarding
such Selling Holder and its ownership of the securities being registered on its
behalf, its intended method of distribution and any other representation required
by Law. If any Selling Holder disapproves of the terms of an underwriting, such
Selling Holder may elect to withdraw therefrom by notice to BreitBurn and the
Managing Underwriter; provided, however, that such withdrawal may only be
made up to and including the time of pricing of such Underwritten Offering. No
such withdrawal or abandonment shall affect BreitBurn’s obligation to pay
Registration Expenses.

 

Section 2.4                                      Sale Procedures. In connection with its obligations under
this Article II, BreitBurn will, as expeditiously as possible:

 

(a)                                  prepare
and file with the Commission such amendments and supplements to the
Registration Statement and the prospectus used in connection therewith as may
be necessary to keep the Registration Statement effective for the Effectiveness
Period and as may be necessary to comply with the provisions of the Securities
Act with respect to the disposition of all securities covered by the
Registration Statement;

 

(b)                                 if
a prospectus supplement will be used in connection with the marketing of an
Underwritten Offering from the Registration Statement and the Managing
Underwriter at any time shall notify BreitBurn in writing that, in the sole
judgment of such Managing Underwriter, inclusion of detailed information to be
used in such prospectus supplement is of material importance to the success of
the Underwritten Offering of such Registrable Securities, use its commercially
reasonable efforts to include such information in such prospectus supplement;

 

(c)                                  furnish
to each Selling Holder (i) as far in advance as reasonably practicable before
filing the Registration Statement or any other registration statement
contemplated by this Agreement or any supplement or amendment thereto, upon
request, copies of reasonably complete drafts of all such documents proposed to
be filed (including exhibits and each document incorporated by reference
therein to the extent then required by the rules and regulations of the
Commission), and provide each such Selling Holder the opportunity to object to any
information pertaining to such Selling Holder and its plan of distribution that
is contained therein and make the corrections reasonably requested by such
Selling Holder with respect to such information prior to filing the
Registration Statement or such other registration statement or supplement or
amendment thereto, and (ii) such number of copies of the Registration Statement
or such other registration statement and the prospectus included therein and
any supplements and amendments thereto as such Persons may reasonably request
in order to facilitate the public sale or other disposition of the Registrable
Securities covered by such Registration Statement or other registration
statement;

 

(d)                                 if
applicable, use its commercially reasonable efforts to register or qualify the
Registrable Securities covered by the Registration Statement or any other
registration statement contemplated by this Agreement under the securities or
blue sky laws of such jurisdictions as the Selling Holders or, in the case of
an Underwritten Offering, the Managing Underwriter, shall reasonably request; provided, however,
that BreitBurn will not be required to qualify generally to

 

8

 

transact business in any jurisdiction where it is not
then required to so qualify or to take any action which would subject it to
general service of process in any such jurisdiction where it is not then so
subject;

 

(e)                                  promptly
notify each Selling Holder and each underwriter of Registrable Securities, at
any time when a prospectus relating thereto is required to be delivered by any
of them under the Securities Act, of (i) the filing of the Registration
Statement or any other registration statement contemplated by this Agreement or
any prospectus or prospectus supplement to be used in connection therewith, or
any amendment or supplement thereto, and, with respect to such Registration
Statement or any such other registration statement or any post-effective
amendment thereto, when the same has become effective; and (ii) any written
comments from the Commission with respect to any filing referred to in clause
(i) and any written request by the Commission for amendments or supplements to
the Registration Statement or any other registration statement or any prospectus
or prospectus supplement thereto;

 

(f)                                    immediately
notify each Selling Holder and each underwriter of Registrable Securities, at
any time when a prospectus relating thereto is required to be delivered under
the Securities Act, of (i) the happening of any event as a result of which the
prospectus or prospectus supplement contained in the Registration Statement or
any other registration statement contemplated by this Agreement, as then in
effect, includes an untrue statement of a material fact or omits to state any
material fact required to be stated therein or necessary to make the statements
therein not misleading in the light of the circumstances then existing; (ii)
the issuance or threat of issuance by the Commission of any stop order
suspending the effectiveness of the Registration Statement or any other
registration statement contemplated by this Agreement, or the initiation of any
proceedings for that purpose; or (iii) the receipt by BreitBurn of any
notification with respect to the suspension of the qualification of any
Registrable Securities for sale under the applicable securities or blue sky
laws of any jurisdiction. Following the provision of such notice, BreitBurn
agrees to as promptly as practicable amend or supplement the prospectus or
prospectus supplement or take other appropriate action so that the prospectus
or prospectus supplement does not include an untrue statement of a material
fact or omit to state a material fact required to be stated therein or
necessary to make the statements therein not misleading in the light of the
circumstances then existing and to take such other action as is necessary to
remove a stop order, suspension, threat thereof or proceedings related thereto;

 

(g)                                 upon
request, furnish to each Selling Holder copies of any and all transmittal
letters or other correspondence with the Commission or any other governmental
agency or self-regulatory body or other body having jurisdiction (including any
domestic or foreign securities exchange) relating to such offering of Registrable
Securities;

 

(h)                                 in
the case of an Underwritten Offering, furnish upon request, (i) an opinion of
counsel for BreitBurn and a letter of like kind both dated the date of the
closing under the underwriting agreement, and (ii) a “cold comfort” letter, dated
the date of the applicable registration statement or the date of any amendment
or supplement thereto and a letter of like kind dated the date of the closing
under the underwriting agreement, in each case, signed by the independent
public accountants who have certified BreitBurn’s financial statements included
or incorporated by reference into the applicable registration statement. Each
of the opinion and the

 

9

 

“cold comfort” letter shall be in customary form and
covering substantially the same matters with respect to such registration
statement (and the prospectus and any prospectus supplement included therein)
as are customarily covered in opinions of issuer’s counsel and in accountants’
letters delivered to the underwriters in Underwritten Offerings of securities
and such other matters as such underwriters or Selling Holders may reasonably
request;

 

(i)                                     otherwise
use its commercially reasonable efforts to comply with all applicable rules and
regulations of the Commission, and make available to its security holders, as
soon as reasonably practicable, an earnings statement, which earnings statement
shall satisfy the provisions of Section 11(a) of the Securities Act and Rule
158 promulgated thereunder;

 

(j)                                     make
available to the appropriate representatives of the Managing Underwriter and
Selling Holders access to such information and BreitBurn personnel as is
reasonable and customary to enable such parties to establish a due diligence
defense under the Securities Act; provided,
however, that BreitBurn need not
disclose any such information to any such representative unless and until such
representative has entered into or is otherwise subject to a confidentiality
agreement with BreitBurn satisfactory to BreitBurn (including, if applicable,
any confidentiality agreement referenced in Section 8.6 of the Purchase
Agreement);

 

(k)                                  cause
all such Registrable Securities registered pursuant to this Agreement to be
listed on each securities exchange on which similar securities issued by
BreitBurn are then listed;

 

(l)                                     use
its commercially reasonable efforts to cause the Registrable Securities to be
registered with or approved by such other governmental agencies or authorities
as may be necessary by virtue of the business and operations of BreitBurn to
enable the Selling Holders to consummate the disposition of such Registrable
Securities;

 

(m)                               provide
a transfer agent and registrar for all Registrable Securities covered by such
registration statement not later than the effective date of such registration
statement; and

 

(n)                                 enter
into customary agreements and take such other actions as are reasonably
requested by the Selling Holders or the underwriters, if any, in order to
expedite or facilitate the disposition of such Registrable Securities.

 

(o)                                 BreitBurn
agrees that, if any Purchaser could reasonably be deemed to be an “underwriter”,
as defined in Section 2(a)(11) of the Securities Act, in connection with the
registration statement in respect of any registration of BreitBurn’s securities
of any Purchaser pursuant to this Agreement, and any amendment or supplement
thereof (any such registration statement or amendment or supplement a “Purchaser
Underwriter Registration Statement”), then BreitBurn will cooperate with
such Purchaser in allowing such Purchaser to conduct customary “underwriter’s
due diligence” with respect to BreitBurn and satisfy its obligations in respect
thereof. In addition, at any Purchaser’s request, BreitBurn will furnish to
such Purchaser, on the date of the effectiveness of any Purchaser Underwriter
Registration Statement and thereafter from time to time on such dates as such
Purchaser may reasonably request, (i) a letter, dated such date, from BreitBurn’s
independent certified public accountants in form and substance as is
customarily given by independent certified public accountants to underwriters
in an underwritten

 

10

 

public offering, addressed to such Purchaser, and (ii)
an opinion, dated as of such date, of counsel representing BreitBurn for
purposes of such Purchaser Underwriter Registration Statement, in form, scope
and substance as is customarily given in an underwritten public offering,
including a standard “10b-5” opinion for such offering, addressed to such
Purchaser. BreitBurn will also permit legal counsel to such Purchaser to review
and comment upon any such Purchaser Underwriter Registration Statement at least
five Business Days prior to its filing with the Commission and all amendments
and supplements to any such Purchaser Underwriter Registration Statement within
a reasonable time period prior to their filing with the Commission and not file
any Purchaser Underwriter Registration Statement or amendment or supplement
thereto in a form to which such Purchaser’s legal counsel reasonably objects.

 

(p)                                 Each
Selling Holder, upon receipt of notice from BreitBurn of the happening of any
event of the kind described in Section 2.4(f) of this Agreement, shall
forthwith discontinue disposition of the Registrable Securities until such
Selling Holder’s receipt of the copies of the supplemented or amended
prospectus contemplated by Section 2.4(f) of this Agreement or until it is
advised in writing by BreitBurn that the use of the prospectus may be resumed,
and has received copies of any additional or supplemental filings incorporated
by reference in the prospectus, and, if so directed by BreitBurn, such Selling
Holder will, or will request the managing underwriter or underwriters, if any,
to deliver to BreitBurn (at BreitBurn’s expense) all copies in their possession
or control, other than permanent file copies then in such Selling Holder’s
possession, of the prospectus covering such Registrable Securities current at
the time of receipt of such notice.

 

(q)                                 If requested by a Purchaser, BreitBurn
shall:  (i) as soon as practicable
incorporate in a prospectus supplement or post-effective amendment such
information as such Purchaser reasonably requests to be included therein
relating to the sale and distribution of Registrable Securities, including
information with respect to the number of Registrable Securities being offered
or sold, the purchase price being paid therefor and any other terms of the
offering of the Registrable Securities to be sold in such offering; (ii) as
soon as practicable make all required filings of such prospectus supplement or
post-effective amendment after being notified of the matters to be incorporated
in such prospectus supplement or post-effective amendment; and (iii) as soon as
practicable, supplement or make amendments to any Registration Statement.

 

Section 2.5                                      Cooperation by Holders. BreitBurn shall have no obligation
to include in the Registration Statement Common Units of a Holder, or in an
Underwritten Offering pursuant to Section 2.2 of this Agreement, Common Units
of a Selling Holder who has failed to timely furnish such information that, in
the opinion of counsel to BreitBurn, is reasonably required in order for the
registration statement or prospectus supplement, as applicable, to comply with
the Securities Act.

 

Section 2.6                                      Restrictions on Public Sale by Holders of Registrable Securities.
For one year following the Closing Date, each Holder of Registrable Securities
who is included in the Registration Statement agrees not to effect any public
sale or distribution of the Registrable Securities during the 30-day period
following pricing of an Underwritten Offering of equity securities by BreitBurn
(except as provided in this Section 2.6); provided,
however, that the duration of the
foregoing restrictions shall be no longer than the duration of the shortest

 

11

 

restriction generally
imposed by the underwriters on the officers or directors or any other Common
Unitholder of BreitBurn on whom a restriction is imposed in connection with
such public offering. In addition, the provisions of this Section 2.6 shall not
apply with respect to a Holder that (A) owns less than $20 million of Purchased
Units, based on the Commitment Amounts, (B) has delivered an Opt Out Notice to
BreitBurn pursuant to Section 2.2 hereof or (C) has submitted a notice
requesting the inclusion of Registrable Securities in an Underwritten Offering
pursuant to Section 2.2 hereof but is unable to do so as a result of the
priority provisions contained in Section 2.2(b) hereof.

 

Section 2.7                                      Expenses.

 

(a)                                  Certain
Definitions.  “Registration
Expenses” means all expenses incident to BreitBurn’s performance under or
compliance with this Agreement to effect the registration of Registrable
Securities on the Registration Statement pursuant to Section 2.1 hereof or an
Underwritten Offering covered under this Agreement, and the disposition of such
securities, including, without limitation, all registration, filing, securities
exchange listing and The Nasdaq Global Market fees, all registration, filing,
qualification and other fees and expenses of complying with securities or blue
sky laws, fees of the National Association of Securities Dealers, Inc.,
transfer taxes and fees of transfer agents and registrars, all word processing,
duplicating and printing expenses and the fees and disbursements of counsel and
independent public accountants for BreitBurn, including the expenses of any
special audits or “cold comfort” letters required by or incident to such
performance and compliance. “Selling Expenses” means all underwriting
fees, discounts and selling commissions allocable to the sale of the
Registrable Securities.

 

(b)                                 Expenses.
BreitBurn will pay all reasonable Registration Expenses as determined in good
faith, including, in the case of an Underwritten Offering, whether or not any
sale is made pursuant to such Underwritten Offering. In addition, except as
otherwise provided in Section 2.8 hereof, BreitBurn shall not be responsible
for legal fees incurred by Holders in connection with the exercise of such
Holders’ rights hereunder. Each Selling Holder shall pay all Selling Expenses
in connection with any sale of its Registrable Securities hereunder.

 

Section 2.8                                      Indemnification.

 

(a)                                  By
BreitBurn. In the event of an offering of any Registrable Securities under
the Securities Act pursuant to this Agreement, BreitBurn will indemnify and
hold harmless each Selling Holder thereunder, its directors and officers, and
each underwriter, pursuant to the applicable underwriting agreement with such
underwriter, of Registrable Securities thereunder and each Person, if any, who
controls such Selling Holder or underwriter within the meaning of the
Securities Act and the Exchange Act, and its directors and officers, against
any losses, claims, damages, expenses or liabilities (including reasonable
attorneys’ fees and expenses) (collectively, “Losses”), joint or
several, to which such Selling Holder, director, officer, underwriter or
controlling Person may become subject under the Securities Act, the Exchange
Act or otherwise, insofar as such Losses (or actions or proceedings, whether
commenced or threatened, in respect thereof) arise out of or are based upon any
untrue statement or alleged untrue statement of any material fact contained in
the Registration Statement or any other

 

12

 

registration statement contemplated by this Agreement,
any preliminary prospectus, free writing prospectus or final prospectus contained
therein, or any amendment or supplement thereof, or arise out of or are based
upon the omission or alleged omission to state therein a material fact required
to be stated therein or necessary to make the statements therein (in the case
of a prospectus, in light of the circumstances under which they were made) not
misleading, and will reimburse each such Selling Holder, its directors and
officers, each such underwriter and each such controlling Person for any legal
or other expenses reasonably incurred by them in connection with investigating
or defending any such Loss or actions or proceedings; provided, however,
that BreitBurn will not be liable in any such case if and to the extent that
any such Loss arises out of or is based upon an untrue statement or alleged
untrue statement or omission or alleged omission so made in strict conformity
with information furnished by such Selling Holder, its directors or officers or
any underwriter or controlling Person in writing specifically for use in the
Registration Statement or such other registration statement, or prospectus
supplement, as applicable. Such indemnity shall remain in full force and effect
regardless of any investigation made by or on behalf of such Selling Holder,
its directors or officers or any underwriter or controlling Person, and shall
survive the transfer of such securities by such Selling Holder.

 

(b)                                 By
Each Selling Holder. Each Selling Holder agrees severally and not jointly
to indemnify and hold harmless BreitBurn, its directors and officers, and each
Person, if any, who controls BreitBurn within the meaning of the Securities Act
or of the Exchange Act, and its directors and officers, to the same extent as
the foregoing indemnity from BreitBurn to the Selling Holders, but only with respect
to information regarding such Selling Holder furnished in writing by or on
behalf of such Selling Holder expressly for inclusion in the Registration
Statement or any preliminary prospectus or final prospectus included therein,
or any amendment or supplement thereto; provided,
however, that the liability of
each Selling Holder shall not be greater in amount than the dollar amount of
the proceeds (net of any Selling Expenses) received by such Selling Holder from
the sale of the Registrable Securities giving rise to such indemnification.

 

(c)                                  Notice.
Promptly after receipt by an indemnified party hereunder of notice of the
commencement of any action, such indemnified party shall, if a claim in respect
thereof is to be made against the indemnifying party hereunder, notify the
indemnifying party in writing thereof, but the omission so to notify the
indemnifying party shall not relieve it from any liability which it may have to
any indemnified party other than under this Section 2.8. In any action brought
against any indemnified party, it shall notify the indemnifying party of the
commencement thereof. The indemnifying party shall be entitled to participate
in and, to the extent it shall wish, to assume and undertake the defense
thereof with counsel reasonably satisfactory to such indemnified party and,
after notice from the indemnifying party to such indemnified party of its
election so to assume and undertake the defense thereof, the indemnifying party
shall not be liable to such indemnified party under this Section 2.8 for any
legal expenses subsequently incurred by such indemnified party in connection
with the defense thereof other than reasonable costs of investigation and of
liaison with counsel so selected; provided,
however, that, (i) if the
indemnifying party has failed to assume the defense or employ counsel
reasonably acceptable to the indemnified party or (ii) if the defendants in any
such action include both the indemnified party and the indemnifying party and
counsel to the indemnified party shall have concluded that there may be
reasonable defenses available to the indemnified party that are different from
or

 

13

 

additional to those available to the indemnifying
party, or if the interests of the indemnified party reasonably may be deemed to
conflict with the interests of the indemnifying party, then the indemnified
party shall have the right to select one separate counsel and to assume such
legal defense and otherwise to participate in the defense of such action, with
the reasonable expenses and fees of such separate counsel and other reasonable
expenses related to such participation to be reimbursed by the indemnifying
party as incurred. Notwithstanding any other provision of this Agreement, no
indemnified party shall settle any action brought against it with respect to
which it is entitled to indemnification hereunder without the consent of the
indemnifying party, unless the settlement thereof imposes no liability or
obligation on, and includes a complete and unconditional release from all
liability of, the indemnifying party. Notwithstanding any other provision of
this Agreement, no indemnifying party shall settle any action brought against
an indemnified party with respect to which it is entitled to indemnification
hereunder without the consent of the indemnified party, unless the settlement
thereof imposes no liability or obligation on, and includes a complete and
unconditional release from all liability of, the indemnified party.

 

(d)                                 Contribution.
If the indemnification provided for in this Section 2.8 is held by a court or
government agency of competent jurisdiction to be unavailable to any
indemnified party or is insufficient to hold it harmless in respect of any
Losses, then each such indemnifying party, in lieu of indemnifying such
indemnified party, shall contribute to the amount paid or payable by such
indemnified party as a result of such Loss in such proportion as is appropriate
to reflect the relative fault of the indemnifying party on the one hand and of
such indemnified party on the other in connection with the statements or
omissions which resulted in such Losses, as well as any other relevant
equitable considerations; provided,
however, that in no event shall
such Selling Holder be required to contribute an aggregate amount in excess of
the dollar amount of proceeds (net of Selling Expenses) received by such
Selling Holder from the sale of Registrable Securities giving rise to such
indemnification. The relative fault of the indemnifying party on the one hand
and the indemnified party on the other shall be determined by reference to,
among other things, whether the untrue or alleged untrue statement of a
material fact or the omission or alleged omission to state a material fact has
been made by, or relates to, information supplied by such party, and the
parties’ relative intent, knowledge, access to information and opportunity to
correct or prevent such statement or omission. The parties hereto agree that it
would not be just and equitable if contributions pursuant to this paragraph
were to be determined by pro rata allocation or by any other method of
allocation which does not take account of the equitable considerations referred
to herein. The amount paid by an indemnified party as a result of the Losses
referred to in the first sentence of this paragraph shall be deemed to include
any legal and other expenses reasonably incurred by such indemnified party in
connection with investigating or defending any Loss which is the subject of
this paragraph. No person guilty of fraudulent misrepresentation (within the
meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any Person who is not guilty of such fraudulent
misrepresentation.

 

(e)                                  Other
Indemnification. The provisions of this Section 2.8 shall be in addition to
any other rights to indemnification or contribution that an indemnified party
may have pursuant to law, equity, contract or otherwise.

 

Section 2.9                                      Rule 144 Reporting. With a view to making available the benefits
of certain rules and regulations of the Commission that may permit the sale of
the Registrable

 

14

 

Securities to the public
without registration, BreitBurn agrees to use its commercially reasonable efforts
to:

 

(a)                                  make
and keep public information regarding BreitBurn available, as those terms are
understood and defined in Rule 144 under the Securities Act, at all times from
and after the date hereof;

 

(b)                                 file
with the Commission in a timely manner all reports and other documents required
of BreitBurn under the Securities Act and the Exchange Act at all times from
and after the date hereof; and

 

(c)                                  so
long as a Holder owns any Registrable Securities, furnish, unless otherwise not
available at no charge by access electronically to the Commission’s EDGAR
filing system, to such Holder forthwith upon request a copy of the most recent
annual or quarterly report of BreitBurn, and such other reports and documents
so filed as such Holder may reasonably request in availing itself of any rule
or regulation of the Commission allowing such Holder to sell any such
securities without registration.

 

Section 2.10           Transfer or Assignment of Registration Rights. The rights to
cause BreitBurn to register Registrable Securities granted to the Purchasers by
BreitBurn under this Section 2.10 may be transferred or assigned by one or more
Holders to one or more transferee(s) or assignee(s) of such Registrable
Securities; provided, however, that (a) unless such transferee
is a Holder or an Affiliate of the transferring Holder, or the transfer is to a
swap counterparty, following such transfer or assignment, each such transferee
or assignee holds Registrable Securities representing at least $20 million of
the Purchased Units, based on the Commitment Amounts, (b) BreitBurn is given
written notice prior to any said transfer or assignment, stating the name and
address of each such transferee and identifying the securities with respect to
which such registration rights are being transferred or assigned, and (c) each
such transferee assumes in writing responsibility for its portion of the
obligations of such Purchaser under this Agreement.

 

Section 2.11           Limitation on Subsequent Registration Rights. From and after
the date hereof, BreitBurn shall not, without the prior written consent of the
Holders of a majority of the outstanding Registrable Securities, enter into any
agreement with any current or future holder of any securities of BreitBurn that
would allow such current or future holder to require BreitBurn to include
securities in any registration statement filed by BreitBurn on a basis other
than pari passu with, or subject to priority in favor of, the Purchasers
hereunder.

 

ARTICLE III

MISCELLANEOUS

 

Section 3.1                                      Communications. All notices and other communications
provided for or permitted hereunder shall be made in writing by facsimile,
electronic mail, courier service or personal delivery:

 

(a)                                  if
to Purchaser, to the address set forth under that Purchaser’s signature block
in accordance with the provisions of this Section 3.1;

 

15

 

(b)                                 if
to a transferee of Purchaser, to such Holder at the address provided pursuant
to Section 2.10 hereof; and

 

(c)                                  if
to BreitBurn, at 515 South Flower Street, Suite 4800, Los Angeles,
California  90071 (facsimile:  (213) 225-5916)), notice of which is given in
accordance with the provisions of this Section 3.1.

 

All such notices and communications shall be deemed to
have been received:  at the time delivered
by hand, if personally delivered; when receipt acknowledged, if sent via
facsimile or electronic mail; and when actually received, if sent by courier
service or any other means.

 

Section 3.2                                      Successor and Assigns. This Agreement shall inure to the
benefit of and be binding upon the successors and assigns of each of the
parties, including subsequent Holders of Registrable Securities to the extent
permitted herein.

 

Section 3.3                                      Aggregation of Purchased Units. All Purchased Units held or
acquired by Persons who are Affiliates of one another shall be aggregated
together for the purpose of determining the availability of any rights under
this Agreement. Energy Income and Growth Fund and Fiduciary/Claymore MLP
Opportunity Fund shall be deemed to be Affiliates for the purposes of this
Section 3.3.

 

Section 3.4                                      Recapitalization, Exchanges, Etc. Affecting the Common Units.
The provisions of this Agreement shall apply to the full extent set forth
herein with respect to any and all units of BreitBurn or any successor or
assign of BreitBurn (whether by merger, consolidation, sale of assets or
otherwise) which may be issued in respect of, in exchange for or in
substitution of, the Registrable Securities, and shall be appropriately
adjusted for combinations, unit splits, recapitalizations and the like
occurring after the date of this Agreement.

 

Section 3.5                                      Specific Performance. Damages in the event of breach of this
Agreement by a party hereto may be difficult, if not impossible, to ascertain,
and it is therefore agreed that each such Person, in addition to and without
limiting any other remedy or right it may have, will have the right to an
injunction or other equitable relief in any court of competent jurisdiction,
enjoining any such breach, and enforcing specifically the terms and provisions
hereof, and each of the parties hereto hereby waives any and all defenses it
may have on the ground of lack of jurisdiction or competence of the court to
grant such an injunction or other equitable relief. The existence of this right
will not preclude any such Person from pursuing any other rights and remedies
at law or in equity which such Person may have.

 

Section 3.6                                      Counterparts. This Agreement may be executed in any number
of counterparts and by different parties hereto in separate counterparts, each
of which counterparts, when so executed and delivered, shall be deemed to be an
original and all of which counterparts, taken together, shall constitute but
one and the same Agreement.

 

Section 3.7                                      Headings. The headings in this Agreement are for convenience
of reference only and shall not limit or otherwise affect the meaning hereof.

 

16

 

Section 3.8                                      Governing Law. The Laws of the State of
New York shall govern this Agreement.

 

Section 3.9                                      Severability of Provisions. Any provision of this Agreement
which is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof or
affecting or impairing the validity or enforceability of such provision in any
other jurisdiction.

 

Section 3.10                                Entire
Agreement. This Agreement is intended by the parties as a final
expression of their agreement and intended to be a complete and exclusive
statement of the agreement and understanding of the parties hereto in respect
of the subject matter contained herein. There are no restrictions, promises,
warranties or undertakings, other than those set forth or referred to herein with
respect to the rights granted by BreitBurn set forth herein. This Agreement and
the Purchase Agreement supersede all prior agreements and understandings
between the parties with respect to such subject matter.

 

Section 3.11                                Amendment.
This Agreement may be amended only by means of a written amendment signed by
BreitBurn and the Holders of a majority of the then outstanding Registrable
Securities; provided, however, that no such amendment shall
materially and adversely affect the rights of any Holder hereunder without the
consent of such Holder.

 

Section 3.12                                No
Presumption. If any claim is made by a party relating to any
conflict, omission or ambiguity in this Agreement, no presumption or burden of
proof or persuasion shall be implied by virtue of the fact that this Agreement
was prepared by or at the request of a particular party or its counsel.

 

Section 3.13                                Obligations
Limited to Parties to Agreement. Each of the Parties hereto covenants, agrees and acknowledges that no
Person other than the Purchasers (and their permitted assignees) and BreitBurn
shall have any obligation hereunder and that, notwithstanding that one or more
of the Purchasers may be a corporation, partnership or limited liability
company, no recourse under this Agreement or under any documents or instruments
delivered in connection herewith or therewith shall be had against any former,
current or future director, trustee officer, employee, agent, general or
limited partner, manager, member, stockholder, trustee or Affiliate of any of the
Purchasers or any former, current or future director, trustee, officer,
employee, agent, general or limited partner, manager, member, stockholder or
Affiliate of any of the foregoing, whether by the enforcement of any assessment
or by any legal or equitable proceeding, or by virtue of any applicable Law, it
being expressly agreed and acknowledged that no personal liability whatsoever
shall attach to, be imposed on or otherwise be incurred by any former, current
or future director, trustee, officer, employee, agent, general or limited
partner, manager, member, stockholder or Affiliate of any of the Purchasers or
any former, current or future director, trustee, officer, employee, agent,
general or limited partner, manager, member, stockholder or Affiliate of any of
the foregoing, as such, for any obligations of the Purchasers under this
Agreement or the Purchase Agreement or any documents or instruments delivered
in connection herewith or therewith or for any claim based on, in respect of or
by reason of such obligation or its creation.

 

17

 

Section 3.14                                Interpretation.
Article and Section references are to this Agreement, unless otherwise
specified. All references to instruments, documents, contracts and agreements
are references to such instruments, documents, contracts and agreements as the
same may be amended, supplemented and otherwise modified from time to time,
unless otherwise specified. The word “including” shall mean “including but not
limited to”. Whenever any determination, consent or approval is to be made or
given by a Purchaser under this Agreement, such action shall be in such
Purchaser’s sole discretion unless otherwise specified.

 

[The remainder of this page is intentionally left
blank.]

 

18

 

IN
WITNESS WHEREOF, the parties have executed this
Agreement as of the date first written above.

 

	
   

  	
   

  	
  BREITBURN ENERGY PARTNERS L.P.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  BreitBurn GP, LLC,

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Halbert S. Washburn

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Co-Chief Executive Officer

  

 

[Registration Rights Agreement –
Signature Page]

 

 

	
   

  	
   

  	
  LEHMAN BROTHERS MLP OPPORTUNITY
  FUND

  L.P.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Lehman Brothers MLP Opportunity

  
	
   

  	
   

  	
   

  	
  Associates L.P., its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Lehman Brothers MLP Opportunity

  
	
   

  	
   

  	
   

  	
  Associates L.L.C., its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  Jeff Wood

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LEHMAN BROTHERS MLP PARTNERS, L.P.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Lehman Brothers MLP Associates, L.P.

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  LB I Group, Inc.

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  Jeff Wood

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  Vice President

  
								

 

[Registration Rights Agreement – Signature
Page]

 

 

	
   

  	
   

  	
  CITIGROUP FINANCIAL PRODUCTS INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Bret Engelkemier

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Managing Director

  
						

 

[Registration Rights Agreement – Signature
Page]

 

 

	
   

  	
   

  	
  BAUPOST
  GROUP SECURITIES, L.L.C.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  The Baupost Group, L.L.C.

  
	
   

  	
   

  	
   

  	
  its manager

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Scott A.
  Nathan

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Managing
  Director

  
						

 

[REGISTRATION RIGHTS AGREEMENT – SIGNATURE
PAGE]

 

 

	
   

  	
   

  	
  KAYNE ANDERSON MLP INVESTMENT

  COMPANY

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  James C. Baker

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  KAYNE ANDERSON ENERGY TOTAL

  RETURN FUND, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  James C. Baker

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Vice President

  
						

 

[REGISTRATION RIGHTS AGREEMENT – SIGNATURE
PAGE]

 

 

	
   

  	
   

  	
  KAYNE ANDERSON MLP FUND, LP

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Kayne Anderson Capital Advisors, L.P.

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  David
  Shladovsky

  
	
   

  	
   

  	
   

  	
  Title:

  	
  General
  Counsel

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  KAYNE ANDERSON CAPITAL INCOME

  PARTNERS (QP), LP

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Kayne Anderson Capital Advisors, L.P.

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  David
  Shladovsky

  
	
   

  	
   

  	
   

  	
  Title:

  	
  General
  Counsel

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  KAYNE ANDERSON MIDSTREAM

  OPPORTUNITIES FUND, LP

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Kayne Anderson Capital Advisors, L.P.

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  David
  Shladovsky

  
	
   

  	
   

  	
   

  	
  Title:

  	
  General
  Counsel

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  KAYNE ANDERSON REAL ASSETS FUND,

  L.P.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Kayne Anderson Capital Advisors, L.P.

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  David
  Shladovsky

  
	
   

  	
   

  	
   

  	
  Title:

  	
  General
  Counsel

  
						

 

[REGISTRATION RIGHTS
AGREEMENT – SIGNATURE PAGE]

 

 

	
   

  	
   

  	
  KAYNE ANDERSON NON-TRADITIONAL

  INVESTMENTS, LP

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Kayne Anderson Capital Advisors, L.P.

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  David
  Shladovsky

  
	
   

  	
   

  	
   

  	
  Title:

  	
  General
  Counsel

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  ARBCO II, L.P.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Kayne Anderson Capital Advisors, L.P.

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  David
  Shladovsky

  
	
   

  	
   

  	
   

  	
  Title:

  	
  General
  Counsel

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  KAYNE ANDERSON INCOME PARTNERS,

  L.P.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Kayne Anderson Capital Advisors, L.P.

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  David
  Shladovsky

  
	
   

  	
   

  	
   

  	
  Title:

  	
  General
  Counsel

  
							

 

[REGISTRATION RIGHTS
AGREEMENT – SIGNATURE PAGE]

 

 

	
   

  	
   

  	
  MLP
  & STRATEGIC EQUITY FUND INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  James J. Cunnane, Jr.

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Portfolio Manager

  
						

 

[REGISTRATION RIGHTS
AGREEMENT – SIGNATURE PAGE]

 

 

	
   

  	
   

  	
  ENERGY
  INCOME AND GROWTH FUND

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
   

  
						

 

[REGISTRATION
RIGHTS AGREEMENT – SIGNATURE PAGE]

 

 

	
   

  	
   

  	
  FIDUCIARY/CLAYMORE
  MLP

  OPPORTUNITY FUND

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
   

  
						

 

[REGISTRATION
RIGHTS AGREEMENT – SIGNATURE PAGE]

 

 

	
   

  	
   

  	
  STROME MLP FUND, LP

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Strome
  Investment Management, LP

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Peter Davies

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Chief
  Executive Officer

  
						

 

[REGISTRATION
RIGHTS AGREEMENT – SIGNATURE PAGE]

 

 

	
   

  	
   

  	
  STRUCTURED FINANCE AMERICAS, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Sunil Hariani

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Andrea Leung

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Vice President

  
						

 

[REGISTRATION RIGHTS AGREEMENT – SIGNATURE
PAGE]

 

 

	
   

  	
   

  	
  TORTOISE GAS AND OIL
  CORPORATION

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Zachary A. Hamel

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Senior Vice President

  
						

 

[REGISTRATION RIGHTS AGREEMENT – SIGNATURE
PAGE]

 

 

	
   

  	
   

  	
  ZLP FUND, L.P.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Zimmer Lucas
  Partners, LLC

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Craig M.
  Lucas

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Managing
  Member

  
						

 

[REGISTRATION RIGHTS AGREEMENT – SIGNATURE
PAGE]

 

 

	
   

  	
   

  	
  DOUBLE BLACK DIAMOND L.P.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Carlson Capital, L.P.

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Asgard Investment Corp.

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  Clint D. Carlson

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  BLACK DIAMOND PARTNERS L.P.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Carlson Capital, L.P.

  
	
   

  	
   

  	
   

  	
  its
  general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
  Asgard Investment Corp.

  
	
   

  	
   

  	
   

  	
  its general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  	
  Clint D. Carlson

  
	
   

  	
   

  	
   

  	
   

  	
  Title:

  	
  President

  
									

 

[REGISTRATION RIGHTS AGREEMENT – SIGNATURE
PAGE]

 

 

	
   

  	
   

  	
  THE NORTHWESTERN MUTUAL LIFE

  INSURANCE COMPANY

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Its Authorized Representative

  
						

 

[REGISTRATION RIGHTS AGREEMENT – SIGNATURE
PAGE]

 

 

	
   

  	
   

  	
  MAGNETAR FINANCIAL, LLC, ON BEHALF

  OF ONE OR MORE OF ITS AFFILIATES

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
   

  
						

 

[REGISTRATION RIGHTS AGREEMENT – SIGNATURE
PAGE]

 

 

	
   

  	
   

  	
  MORGAN STANLEY STRATEGIC

  INVESTMENTS, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Alan Thomas

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Vice President

  
						

 

[REGISTRATION RIGHTS AGREEMENT – SIGNATURE
PAGE]

 

 

	
   

  	
   

  	
  LB I GROUP, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  On behalf of Equity Strategies (Special Situations Group)

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Leon Zaltzman

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Managing Director

  
						

 

[REGISTRATION RIGHTS AGREEMENT – SIGNATURE
PAGE]

 

 

	
   

  	
   

  	
  UBS AG LONDON BRANCH

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Barry Gill

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Managing Director

  
						

 

[REGISTRATION RIGHTS AGREEMENT – SIGNATURE
PAGE]

 

 

	
   

  	
   

  	
  CONTINENTAL CASUALTY COMPANY

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Swank Energy
  Income Advisor L.P.

  
	
   

  	
   

  	
   

  	
  its investment advisor

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Jerry V.
  Swank

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Managing
  Partner

  
						

 

[REGISTRATION RIGHTS
AGREEMENT – SIGNATURE PAGE]

 

 

	
   

  	
   

  	
  SWANK MLP CONVERGENCE FUND, LP

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Jerry V.
  Swank

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Managing
  Partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  LLOYDMINSTER CANADIAN

  OPPORTUNITY FUND, LP

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Jerry V.
  Swank

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Managing
  Partner

  
						

 

[REGISTRATION RIGHTS
AGREEMENT – SIGNATURE PAGE]

 

 

	
   

  	
   

  	
  AT MLP FUND, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Atlantic
  Trust Company, N.A.

  
	
   

  	
   

  	
   

  	
  its manager

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Paul
  McPheeters

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Managing
  Director

  
						

 

[REGISTRATION RIGHTS
AGREEMENT – SIGNATURE PAGE]

 

 

	
   

  	
   

  	
  HARTZ CAPITAL MLP, LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  Hartz
  Capital, Inc.

  
	
   

  	
   

  	
   

  	
  its manager

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Ronald J.
  Bangs

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Chief
  Operating Officer

  
						

 

[REGISTRATION RIGHTS
AGREEMENT – SIGNATURE PAGE]

 

 

	
   

  	
   

  	
  HITE MLP LP

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  HITE Hedge
  Asset Managment LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  James Jampel

  
	
   

  	
   

  	
   

  	
  Title:

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  HITE HEDGE LP

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  HITE Hedge
  Asset Managment LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  James Jampel

  
	
   

  	
   

  	
   

  	
  Title:

  	
   

  
						

 

[REGISTRATION RIGHTS
AGREEMENT – SIGNATURE PAGE]

 

 

	
   

  	
   

  	
  CREDIT SUISSE SECURITIES (USA) LLC

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  	
  Michael Meyers

  
	
   

  	
   

  	
   

  	
  Title:

  	
  Managing Director

  
						

 

[REGISTRATION RIGHTS
AGREEMENT – SIGNATURE PAGE]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00131-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00131-of-00352.parquet"}]]