Document:

EX-10.1

 Exhibit 10.1 
  

 
  

SEVENTH AMENDED AND RESTATED 

LIMITED LIABILITY COMPANY AGREEMENT 

OF 
 VILLAGE PRACTICE
MANAGEMENT COMPANY, LLC 
  
  

Effective as of [ ● ], 2021 
  

 
  

 TABLE OF CONTENTS 

 

									
				  		  	 	Page	 
	 	ARTICLE I	 	  	 DEFINED TERMS
	  	 	1	 
			
	 	ARTICLE II	 	  	 FORMATION AND NAME; OFFICE; PURPOSE; TERM
	  	 	16	 
			
	 	2.1	 	  	 Formation of the Company
	  	 	16	 
	 	2.2	 	  	 Name of the Company
	  	 
	16
	 

	 	2.3	 	  	 Purpose
	  	 
	16
	 

	 	2.4	 	  	 Term
	  	 
	16
	 

	 	2.5	 	  	 Registered Office; Registered Agent; Principal Office; Other Offices
	  	 
	16
	 

	 	2.6	 	  	 No State-Law Partnership
	  	 	16	 
			
	 	ARTICLE III	 	  	 MEMBERS; UNITS; CAPITAL CONTRIBUTIONS
	  	 	17	 
			
	 	3.1	 	  	 Members
	  	 	17	 
	 	3.2	 	  	 Capital and Units
	  	 	17	 
	 	3.3	 	  	 Preemptive Rights
	  	 	18	 
	 	3.4	 	  	 Walgreens Specified Stake Preemptive Rights
	  	 	19	 
	 	3.5	 	  	 No Interest on Capital Contributions
	  	 	20	 
	 	3.6	 	  	 Return of Capital Contributions
	  	 	20	 
	 	3.7	 	  	 Form of Return of Capital
	  	 	21	 
	 	3.8	 	  	 Conversion of the Preferred Units
	  	 	21	 
	 	3.9	 	  	 Sale of Blocker Equities
	  	 	28	 
	 	3.10	 	  	 Amendments to Agreement and Exhibit A
	  	 	28	 
	 	3.11	 	  	 Requirement to Sign Agreement
	  	 	28	 
	 	3.12	 	  	 OFAC and Sanctions
	  	 	28	 
	 	3.13	 	  	 Major Holder Investments
	  	 	28	 
			
	 	ARTICLE IV	 	  	 ALLOCATIONS AND DISTRIBUTIONS
	  	 	29	 
			
	 	4.1	 	  	 Capital Accounts
	  	 	29	 
	 	4.2	 	  	 Adjustments to Capital Accounts
	  	 	29	 
	 	4.3	 	  	 Allocations
	  	 	29	 
	 	4.4	 	  	 Tax Allocations
	  	 	30	 
	 	4.5	 	  	 Tax Distributions
	  	 	31	 
	 	4.6	 	  	 Distributions Other Than in Connection with a Liquidation Transaction
	  	 	32	 
	 	4.7	 	  	 Distributions in Connection with a Liquidation Transaction
	  	 	32	 
	 	4.8	 	  	 Withholding Against Distributions
	  	 	33	 
			
	 	ARTICLE V	 	  	 BOARD OF DIRECTORS
	  	 	33	 
			
	 	5.1	 	  	 Board of Directors
	  	 	33	 
	 	5.2	 	  	 Authority of the Board
	  	 	41	 
	 	5.3	 	  	 Transactions Between the Company and the Members
	  	 	41	 
	 	5.4	 	  	 Insurance
	  	 	42	 
	 	5.5	 	  	 Savings Clause
	  	 	42	 
	 	5.6	 	  	 Officers
	  	 	42	 
	 	5.7	 	  	 Removal of Officers
	  	 	43	 
	 	5.8	 	  	 Removal of Chief Executive Officer
	  	 	43	 

  
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	 	ARTICLE VI	 	  	 MEMBERS
	  	 	43	 
			
	 	6.1	 	  	 No Control of the Company; Other Limitations
	  	 	43	 
	 	6.2	 	  	 Liability of Members and Director
	  	 	43	 
	 	6.3	 	  	 Withdrawal
	  	 	43	 
	 	6.4	 	  	 Resignation or Termination of Membership
	  	 	43	 
	 	6.5	 	  	 Liability
	  	 	43	 
	 	6.6	 	  	 Incapacity or Dissolution
	  	 	44	 
	 	6.7	 	  	 Members’ Meetings
	  	 	44	 
	 	6.8	 	  	 Right to Engage in Other Activities
	  	 	45	 
	 	6.9	 	  	 Confidentiality
	  	 	46	 
			
	 	ARTICLE VII	 	  	 COVENANTS
	  	 	47	 
			
	 	7.1	 	  	 Inspection
	  	 	47	 
	 	7.2	 	  	 Financial Information
	  	 	47	 
	 	7.3	 	  	 Management Letters of Accountants
	  	 	48	 
	 	7.4	 	  	 Notice of Adverse Changes; Litigation
	  	 	48	 
	 	7.5	 	  	 Certain Rights and Limitations
	  	 	48	 
	 	7.6	 	  	 Matters Requiring Special Board Approval
	  	 	48	 
	 	7.7	 	  	 Restrictions on Walgreens Sales
	  	 	49	 
	 	7.8	 	  	 Standstill
	  	 	50	 
	 	7.9	 	  	 Accounting Matters
	  	 	51	 
	 	7.10	 	  	 Termination of Covenants
	  	 	51	 
			
	 	ARTICLE VIII	 	  	 CERTIFICATES; TRANSFER OF UNITS
	  	 	51	 
			
	 	8.1	 	  	 Certificates
	  	 	51	 
	 	8.2	 	  	 Legends
	  	 	51	 
	 	8.3	 	  	 Transfers
	  	 	52	 
	 	8.4	 	  	 Drag-Along Rights
	  	 	53	 
	 	8.5	 	  	 Right of First Offer
	  	 	54	 
	 	8.6	 	  	 Tag-Along Right
	  	 	56	 
	 	8.7	 	  	 Withdrawal of Members
	  	 	56	 
	 	8.8	 	  	 Market Stand-Off
	  	 	57	 
	 	8.9	 	  	 Additional Rights and Obligations of Blocker
	  	 	57	 
	 	8.10	 	  	 Covenants of Blockers
	  	 	58	 
			
	 	ARTICLE IX	 	  	 CONVERSION TO CORPORATION
	  	 	59	 
			
	 	9.1	 	  	 Conversion to a Corporation in connection with a Qualified IPO
	  	 	59	 
	 	9.2	 	  	 Conversion of Units
	  	 	59	 
	 	9.3	 	  	 Conversion to Corporation upon Election
	  	 	61	 
	 	9.4	 	  	 Termination of Agreement; Continuation of Specified Terms
	  	 	63	 
	 	9.5	 	  	 Additional Rights of Blocker
	  	 	63	 
	 	9.6	 	  	 Cash Payments
	  	 	63	 

  
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	 	ARTICLE X	 	  	 DISSOLUTION, LIQUIDATION, AND TERMINATION OF THE COMPANY
	  	 	64	 
			
	 	10.1	 	  	 Events of Dissolution
	  	 	64	 
	 	10.2	 	  	 Procedure for Winding Up and Dissolution
	  	 	64	 
	 	10.3	 	  	 Cancellation of Certificate
	  	 	65	 
	 	10.4	 	  	 No Action for Dissolution
	  	 	65	 
			
	 	ARTICLE XI	 	  	 BOOKS, RECORDS, ACCOUNTING, AND TAX ELECTIONS
	  	 	65	 
			
	 	11.1	 	  	 Bank Accounts
	  	 	65	 
	 	11.2	 	  	 Books and Records
	  	 	65	 
	 	11.3	 	  	 Annual Accounting Period
	  	 	65	 
	 	11.4	 	  	 Reports
	  	 	65	 
	 	11.5	 	  	 Tax Matters Partner; Tax Elections; Tax Returns
	  	 	66	 
	 	11.6	 	  	 Title to Company Property
	  	 	68	 
			
	 	ARTICLE XII	 	  	 GENERAL PROVISIONS
	  	 	68	 
			
	 	12.1	 	  	 Further Assurances
	  	 	68	 
	 	12.2	 	  	 Notifications
	  	 	68	 
	 	12.3	 	  	 Specific Performance
	  	 	68	 
	 	12.4	 	  	 Amendment; Waivers
	  	 	69	 
	 	12.5	 	  	 Indemnification
	  	 	71	 
	 	12.6	 	  	 Exercise of Contractual Rights
	  	 	74	 
	 	12.7	 	  	 Submission to Jurisdiction
	  	 	74	 
	 	12.8	 	  	 GOVERNING LAW
	  	 	75	 
	 	12.9	 	  	 Notice to Members of Provisions
	  	 	75	 
	 	12.10	 	  	 Descriptive Headings; Interpretation
	  	 	75	 
	 	12.11	 	  	 Severability
	  	 	75	 
	 	12.12	 	  	 Counterparts
	  	 	75	 
	 	12.13	 	  	 Attorneys’ Fees
	  	 	76	 
	 	12.14	 	  	 Successors and Assigns; Beneficiaries
	  	 	76	 
	 	12.15	 	  	 Entire Agreement
	  	 	76	 
	 	12.16	 	  	 Electronic Delivery
	  	 	76	 
	 	12.17	 	  	 Fiduciary Duties
	  	 	76	 
	 	12.18	 	  	 Appointment of Board as
Attorney-in-Fact
	  	 	77	 

  

  
 iii 

 SEVENTH AMENDED AND RESTATED 

LIMITED LIABILITY COMPANY AGREEMENT OF 

VILLAGE PRACTICE MANAGEMENT COMPANY, LLC 

This SEVENTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) is effective as of
[ • ], 2021 (the “Effective Date”), by and among Village Practice Management Company, LLC, a Delaware limited liability company (the “Company”), and the Persons set forth as Members (as hereinafter
defined) on Exhibit A attached hereto and made a part hereof. Certain capitalized terms used but not otherwise defined herein shall have the meanings ascribed thereto in Article I. 

RECITALS 
 A. The Company
was formed by the filing of the Certificate of Formation pursuant to the Act (as hereinafter defined) on September 30, 2013; 
 B. The
Company and certain of its Members are parties to that certain Sixth Amended and Restated Limited Liability Company Agreement, dated as of December 30, 2020 (the “Prior Operating Agreement”); 

C. The parties hereto desire to fully amend and restate the Prior Operating Agreement by entering into this Agreement as their binding
agreement and for all purposes permitted for a limited liability company operating under the Act; and 
 D. Pursuant to Section 12.4 of
the Prior Operating Agreement, the Company and the Members desire to amend and restate the Prior Operating Agreement in its entirety and desire to enter into this Agreement which sets forth, among other things, the understandings among the Members
with regard to the governance of the Company, the respective ownership interests of the Members, and the relationship of the parties hereto. 

NOW, THEREFORE, in consideration of the foregoing premises and the mutual covenants and agreements set forth herein, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 ARTICLE I 

DEFINED TERMS 
 In addition
to the capitalized terms defined throughout this Agreement, the following capitalized terms shall have the meanings specified in this Article I. 

“Act” means the Delaware Limited Liability Company Act, and any successor statute, as amended from time to time. 

“Additional Junior Units” has the meaning specified in Section 3.8(j)(iv). 

“Additional Securities” means any Units or other equity interest or security convertible into or exchangeable for Units or
any right, warrant or option to acquire Units or such convertible or exchangeable Units issued by the Company after the Effective Date, other than (i) Excluded Securities; (ii) any Common Units and/or
Class C-3 Preferred Units issued upon conversion of the Class C-3 Convertible Note; and (iii) any Class D Preferred Units issued on the Effective
Date pursuant to the Class D Purchase Agreement. 

  
 1 

 “Adjustment Date” shall mean (i) the last day of each fiscal year of
the Company, (ii) if Units are transferred, the date of Transfer, (iii) if a Member’s percentage ownership interest increases or decreases as a result of the issuance of additional Units or redemption of Units, the date of issuance or
redemption, or (iv) any other date that the Board determines to be appropriate for an interim closing of the Company’s books. 

“Affiliate” of, or a Person “Affiliated” with, a specified Person means (i) a member of such
Person’s Family Group, or (ii) a Person that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with, the Person specified; provided that, for the purposes of this
definition, “control” (including, with correlative meanings, the terms “controlled by” and “under common control with”), as used with respect to any Person, shall mean the possession, directly or indirectly, of the
power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting securities or by contract or otherwise, and “Affiliate” includes, without limitation, any general partner,
managing member, officer or director of such Person or any venture capital fund or other investment fund now or hereafter existing that is controlled by one or more general partners, managing members or investment advisers of, or shares the same
management company or investment advisor with, such Person. 
 “Anthem” means SellCore, Inc. and/or any permitted
transferee or assignee thereof. 
 “Available Cash” means the excess of cash received by the Company from whatever source
(other than Capital Contributions) over the amount determined by the Board in its good faith discretion to be necessary or appropriate for the payment of the Company’s expenses, liabilities and obligations and other contingencies (whether fixed
or contingent), and for the establishment of appropriate reserves for such expenses, liabilities and obligations as may arise, including the maintenance of adequate reserves for the continued conduct of the Company’s investment activities and
operations and debt service. 
 “Blocker” means Oak Blocker, Kinnevik Blocker or Town Hall Ventures Blocker. 

“Blocker Equities” means Oak Equities, Kinnevik Equities and/or Town Hall Ventures Equities. 

“Blocker Payment” means, with respect to each Blocker, the amount paid by WBA Acquisition to acquire the Blocker Equities of
such Blocker pursuant to the Class D Purchase Agreement. 
 “Blocker Sales” has the meaning ascribed to such term in
the Class D Purchase Agreement. 
 “Board” has the meaning set forth in Section 5.1(a). 

“Business” means the business of holding equity interests in various Subsidiaries, and any similar, related or complementary
business or activity that the Company conducts, including providing any service to any Subsidiary, as may be modified or expanded by the Board. 

“Capital Account” has the meaning specified in Section 4.1. 

“Capital Contribution” means the total amount of cash and the Gross Asset Value of any other assets contributed to the
Company by a Member, net of liabilities assumed or to which the assets contributed are subject. 

  
 2 

 “Catch-Up Payment” shall mean, with
respect to each Unit, an amount equal to the amount that would have been distributed with respect to such Unit pursuant to Section 4.7(c) had the Grossed Up Preference Amount been distributed among the holders of the Units
pursuant to Section 4.7(c), taking into account, in the case of any Class B Unit or Common Profits Unit, the Distribution Threshold with respect thereto. 

“Cause” means with respect to the removal of any Director, (a) such person’s conviction of, or pleading guilty or
nolo contendere to, a felony or commission of fraud; (b) conduct by such person that (i) brings or is substantially likely to bring the Company or any Affiliate of the Company into substantial public disgrace or disrepute, or
(ii) causes or is substantially likely to cause material liability to the Company (or any of its Affiliates) for violation of the law or rights of any person, unless such conduct was carried out in the reasonable and good faith belief that it
was in the best interest of the Company or its Members; or (c) such person’s material breach of any contract or agreement between such person and the Company or its Subsidiaries; provided, however, that with respect to the removal of Tim
Barry as a Director or as the Chairman or Chief Executive Officer of the Company, “Cause” means (a) such person’s conviction of, or pleading guilty or nolo contendere to, a felony or commission of fraud; (b) conduct
by such person that (i) brings or is substantially likely to bring the Company or any Affiliate of the Company into substantial public disgrace or disrepute, or (ii) causes or is substantially likely to cause material liability to the
Company (or any of its Affiliates) for violation of the law or rights of any person, unless such conduct was carried out in the reasonable and good faith belief that it was in the best interest of the Company or its Members; (c) such
person’s material breach of a material obligation under an agreement with the Company, if such person was provided written notice of such failure and such failure remains uncured 30 days from such notice; (d) such person’s material
breach of fiduciary duties to the Company or its equityholders; or (e) such person’s material failure to (i) attempt in good faith to implement the directions of the Board (provided that such directions were made in accordance with
the terms this Agreement) or (ii) comply with a material adopted company policy, each after such person was provided written notice of such failure and such failure remains uncured 30 days from such notice. 

“Certificate of Formation” means the Certificate of Formation of the Company as filed with the Secretary of State of the
State of Delaware, as such Certificate of Formation may be amended from time to time in accordance with the terms hereof. 

“Class A Original Issue Price” has the meaning set forth on Schedule 1.1(A). 

“Class A Preferred Majority Interest” means the Class A Preferred Unit Holders holding at least a
majority of the Class A Preferred Units. 
 “Class A Preferred Unit Holder” means a Unit Holder of
Class A Preferred Units, in its capacity as such. 
 “Class A Preferred Unit Purchase Agreement”
means that certain Class A Preferred Unit Purchase Agreement, dated as September 15, 2015, by and among the Company and the Buyers (as defined therein). 

“Class A Preferred Units” has the meaning specified in Section 3.2(b). 

“Class B Original Issue Price” has the meaning set forth on Schedule 1.1(A). 

“Class B Preferred Majority Interest” means the Class B Preferred Unit Holders holding at least a
majority of the Class B Preferred Units, including Kinnevik (or its Affiliates), for so long as Kinnevik (together with its Affiliates) holds at least 50% of the Class B Preferred Units held by Kinnevik as of the Effective Date. 

  
 3 

 “Class B Preferred Unit Holder” means a Unit Holder of
Class B Preferred Units, in its capacity as such. 
 “Class B Preferred Units” has the meaning
specified in Section 3.2(b). 
 “Class B Units” has the meaning specified in
Section 3.2(b). 
 “Class C Preferred Majority Interest” means the
Class C Preferred Unit Holders holding at least a majority of the Class C Preferred Units (on an as-converted to Common Units basis). 

“Class C Preferred Unit Holders” means a Unit Holder of
Class C-1 Preferred Units, Class C-2 Preferred Units and/or Class C-3 Preferred Units, in its capacity as such.

 “Class C Preferred Units” means, collectively, the
Class C-1 Preferred Units, the Class C-2 Preferred Units and the Class C-3 Preferred Units. 

“Class C-1 Original Issue Price” has the meaning set forth on
Schedule 1.1(A). 
 “Class C-1 Preferred Units” has the
meaning specified in Section 3.2(b). 

“Class C-2 Original Issue Price” has the meaning set forth on
Schedule 1.1(A). 
 “Class C-2 Preferred Units” has the
meaning specified in Section 3.2(b). 

“Class C-3 Convertible Note” means that certain C-3 Convertible Subordinated Unsecured Promissory Note, dated as of January 6, 2021, between the Company and WBA Financial. 

“Class C-3 Original Issue Date” means the first date on which Class C-3 Preferred Units are issued. 

“Class C-3 Original Issue Price” has the meaning set forth on
Schedule 1.1(A). 
 “Class C-3 Preferred Units” has the
meaning specified in Section 3.2(b). 
 “Class D Original Issue Date” means
the first date on which Class D Preferred Units are issued. 
 “Class D Original Issue Price” has
the meaning set forth on Schedule 1.1(A). 
 “Class D Preferred Majority Interest” means the
Class D Preferred Unit Holders holding at least a majority of the Class D Preferred Units (on an as-converted to Common Units basis). 

“Class D Preferred Unit Holder” means a Unit Holder of Class D Preferred Units, in its capacity as
such. 
 “Class D Preferred Units” has the meaning specified in
Section 3.2(b). 

  
 4 

 “Class D Purchase Agreement” means that certain
Class D Preferred Unit Purchase Agreement, dated October 14, 2021, by and among the Company, WBA Acquisition, solely with respect to Sections 7.22 and 7.25, WBA Financial, solely with respect to Sections 5.4, 7.22 and 7.23 thereof,
Walgreens Parent and, solely with respect to Section 7.24 thereof, the other Members party thereto, as amended and/or restated from time to time. 

“Code” means the United States Internal Revenue Code of 1986, as amended, or any corresponding provision of any succeeding
law. 
 “Committee” has the meaning specified in Section 5.1(r). 

“Common Profits Unit” shall mean a Common Unit with a Distribution Threshold. 

“Common Unit” has the meaning specified in Section 3.2(b). 

“Common Unit Holder” means a Unit Holder of Common Units, in its capacity as such. 

“Common Unit Participating Percentage” means, as to each Common Unit Holder at any given time, the percentage equivalent of a
fraction, the numerator of which is the total number of Common Units held by such Common Unit Holder, and the denominator of which is the total number of Common Units outstanding hereunder, which shall not be determined on a Fully Diluted Basis.

 “Company Property” means any and all property, real or personal, tangible or intangible, owned of record or beneficially
by the Company. 
 “Convertible Securities” has the meaning specified in Section 3.8(j)(iii).

 “Corporate Conversion” means the conversion of the Company from a limited liability company to a corporation pursuant to
the provisions of Article IX. 
 “Covered Person” shall have the meaning specified in
Section 12.5. 
 “Confidential Information” means any non-public information, in whatever form or medium, concerning the products, financial condition, services, research, development, operations or affairs of the Company and its Subsidiaries, including, but not
limited to, (i) sales, sales volume, sales methods, sales proposals, business plans, advertising and marketing plans, strategic and long-range plans, and any information related to any of the foregoing, (ii) customers, customer lists,
prospective customers and customer records, (iii) general price lists and prices charged to specific customers, (iv) all materials, information, proprietary rights, trade secrets, know-how, generic
programming codes and segments, algorithms, methodologies, processes, tools, compilations of data and analyses, documents, techniques, systems, research, records, reports, manuals, documentation, models, data and data bases, notes, programming
techniques commonly employed by programmers, HTML code, CGI and/or Perl scripts, JavaScript code and Java code or applets, reusable objects, routines, algorithms, formulae, and templates of the Company or any Subsidiaries of the Company or otherwise
relating to the conduct of the Business, inventions, innovations, improvements, developments, methods, designs, analyses, drawings, reports and all similar or related information (whether or not patentable), (v) financial statements, budgets and
projections, (vi) software owned or developed (or being developed) for use in or relating to the conduct of the Business, (vii) the names, addresses and other contact information of all vendors and suppliers and prospective vendors and
suppliers of the Company and its Subsidiaries, (viii) any other intellectual property rights, and (ix) all other confidential or proprietary information belonging to the Company, its Subsidiaries or otherwise relating to the Business;
provided, however, that Confidential Information shall not include (1) knowledge, data and information that is generally known or becomes known publicly (other than as 

  
 5 

 
a result of a breach of this Agreement or other agreement or instrument), and (2) knowledge, data and information gained by a Member without a breach of this Agreement or any other agreement
or instrument on a non-confidential basis from a person who is not legally or contractually prohibited from transmitting the information to such Member. 

“Conversion Rate” has the meaning specified in Section 3.8(c). 

“Depreciation” means, for each fiscal year, an amount equal to the depreciation, amortization, or other cost recovery
deduction allowable with respect to assets for such fiscal year, except that if the Gross Asset Value of the assets differs from its adjusted basis for federal income tax purposes at the beginning of such fiscal year, Depreciation shall be an amount
which bears the same ratio to such beginning Gross Asset Value as the federal income tax depreciation, amortization, or other cost recovery deduction for such fiscal year bears to such beginning adjusted tax basis; provided, however,
that if the adjusted basis for federal income tax purposes of an asset at the beginning of such fiscal year is zero, Depreciation shall be determined with reference to such beginning Gross Asset Value using any reasonable method selected by the
Board. 
 “Dilution Factor” means [ADD FORMULA]. For the avoidance of doubt, the intent of the Dilution Factor is,
and the Dilution Factor shall be construed, to provide that if the aggregate number of Unit Equivalents (i) redeemed in the aggregate in the Redemption and (ii) contributed by the Blockers to the Company in connection with the Blocker
reorganizations contemplated by the Class D Purchase Agreement is less than 7,134,422 Unit Equivalents (the “Max Redemption/Acquired Units”), the number of Class D Preferred Units sold pursuant to the Class D Purchase
Agreement (together with the Class D Preferred Units indirectly acquired in the Blocker Sales) will represent the same Fully Diluted Ownership Percentage on an as-converted to Common Units basis as they
would have had the Max Redemption/Acquired Units been so redeemed or contributed, as applicable.  

“Direct Listing” shall mean the consummation of a “direct listing”, or a similar transaction, in which shares of
common stock of the VMD Corporation are listed for trading on a National Securities Exchange. 
 “Distribution Threshold”
shall have the meaning specified in Section 3.2(d). 
 “Economic Interest” means a Member’s
or Economic Owner’s share of the Company’s Profits and Losses and distributions pursuant to this Agreement and the Act, but shall not include any right to participate in the management and affairs of the Company, the right to vote or
otherwise participate in any decisions of the Members, or any right to receive information concerning the Business and the Company. 

“Economic Owner” means a transferee of only a Member’s Economic Interests. An owner of an Economic Interest who is not a
Member (i.e., an Economic Owner) shall not be deemed a member (as the term is used in the Act) of the Company. 
 “Eligible
Member” has the meaning set forth in Section 3.3. 
 “Equity Incentive Plan” means the
Village Practice Management Company, LLC Management Incentive Plan. 
 “Excluded Parties” shall have the meaning specified
in Section 6.8. 
 “Excluded Securities” has the meaning specified in
Section 3.8(j)(iv). 

  
 6 

 “Family Group” means, with respect to any natural Person, (i) such
Person, (ii) the spouse and issue of such Person (whether natural or adopted), (iii) the parents of such Person (whether natural or adopted), and (iv) the descendants of such Person (whether natural or adopted), and (A) any one or
more trusts solely for the benefit of any one or more of the Persons described in clause (i) through clause (iv) above or (B) any one or more other entities (including limited liability partnerships, limited liability companies,
limited partnerships or other entities) all of whose beneficial owners are Persons described in clauses (i) through (iv) above. 

“Financial Investor” means any investor or series of Affiliated investors whose primary business is the investment of
capital for financial gain (including venture capital funds, private equity funds, pension funds and sovereign wealth funds). 

“Founders” has the meaning set forth on Schedule 1.1(B). 

“Fully Diluted Basis” shall mean the number of Common Units and Class B Units calculated on a pro forma basis, assuming
the conversion and exchange of all securities convertible into or exchangeable for Units and the exercise of all options, warrants and other rights to purchase Units or such convertible or exchangeable securities, including, without limitation, the
Class A Preferred Units, the Class B Preferred Units, the Class C Preferred Units and the Class D Preferred Units (all on an as exercised and as converted basis). 

“Fully Diluted Ownership Percentages” means, at any given time, the percentage equivalent of a fraction, the numerator of
which is the total number of Units held by such Unit Holder, and the denominator of which is the total number of Units held by all of the Unit Holders, determined in each case on a Fully Diluted Basis; provided that, for purposes of determining the
Fully Diluted Ownership Percentages with respect to any Unit Holder holding Units indirectly through a Blocker, Units shall be deemed to be held by such Unit Holder to the extent of the Unit Holder’s relative ownership of Blocker Equities in
such Blocker. 
 “Gross Asset Value” means, with respect to any asset, the asset’s adjusted basis for federal income
tax purposes, except as follows: 
 (a) The initial Gross Asset Value of any asset contributed by a Member to the Company shall be the gross
fair market value of such asset, as determined in accordance with this Agreement; 
 (b) The Gross Asset Values of all Company Property
shall be adjusted to equal the respective gross fair market values of such property, as determined by the Board, as of the following times: (i) the acquisition of an additional Economic Interest by any new or existing Member in exchange for
more than a de minimis Capital Contribution; (ii) the distribution by the Company to a Member of more than a de minimis amount of Company Property as consideration for an Economic Interest;
(iii) the liquidation of the Company within the meaning of § 1.704-1(b)(2)(ii)(g) of the Regulations; (iv) the issuance of an Economic Interest to any Person as compensation for services
provided to or on behalf of the Company; and (v) the acquisition of an interest in the Company by any new or existing Member upon the exercise of a noncompensatory option or warrant in accordance with §
1.704-1(b)(2)(iv)(s) of the Regulations; provided, however, that adjustments pursuant to clauses (i), (ii), (iv) and (v) above shall be made only if the Board reasonably
determines that such adjustments are necessary or appropriate to reflect the relative economic interests of the Members in the Company; 

  
 7 

 (c) The Gross Asset Value of any Company Property distributed to any Member shall be
adjusted to equal the gross fair market value of such property on the date of distribution as determined by the distributee and the Board; and 

(d) The Gross Asset Values of Company assets shall be increased (or decreased) to reflect any adjustments to the adjusted basis of such assets
pursuant to section 734(b) or section 743(b) of the Code, but only to the extent that such adjustments are taken into account in determining Capital Accounts pursuant to § 1.704-1(b)(2)(iv)(m) of
the Regulations; provided, however, that Gross Asset Values shall not be adjusted pursuant to this subsection (d) to the extent the Board determines that an adjustment pursuant to subsection (b) hereof is necessary or
appropriate in connection with a transaction that would otherwise result in an adjustment pursuant to this subsection (d). 
 If the Gross Asset Value of an
asset has been determined or adjusted pursuant to paragraph (a), (b), or (d) hereof, such Gross Asset Value shall thereafter be adjusted by the Depreciation taken into account with respect to such asset for purposes of computing Profits and
Losses. If any noncompensatory options or warrants are outstanding upon the occurrence of an event described in clauses (i) through (v) of the preceding paragraph (b), the Company shall adjust the Gross Asset Values of its properties in
accordance with § 1.704-1(b)(2)(iv)(f)(1) and § 1.704-1(b)(2)(iv)(h)(2) of the Regulations. 

“Grossed Up Preference Amount” shall mean an amount equal to the quotient of (x) the aggregate amount distributed
pursuant to Section 4.7(a) divided by (y) the Percentage Interest represented by the Preferred Units. 

“Indemnifying Member” has the meaning specified in Section 4.8. 

“Independent Third Party” means any Person who immediately prior to the contemplated transaction is not a Related Party. 

“Initial Public Offering” means (a), only if a Direct Listing has not occurred, the Company’s or VMD Corporation’s
first firm underwritten public offering of its common units or stock under the Securities Act that includes securities to be sold on behalf of the Company or VMD Corporation, as the case may be, to the public (an “IPO”), (b) a
Direct Listing, or (c) a SPAC Transaction. 
 “Investors’ Rights Agreement” means that certain Fourth Amended and
Restated Investors’ Rights Agreement, dated as of the Effective Date, by and among the Company and the Investors and Founders set forth therein, as may be amended and/or restated from time to time. 

“Involuntary Withdrawal” means, with respect to a Member, the occurrence of any of the following events: 

(a) the Member (i) makes a general assignment for the benefit of creditors; (ii) files a voluntary petition of bankruptcy, is
adjudged bankrupt or insolvent or has entered against it an order for relief in any bankruptcy or insolvency proceeding; (iii) seeks, consents to, or acquiesces in the appointment of a trustee for, receiver for, or the liquidation of the Member
or of all or any substantial part of the Member’s properties; or (iv) files an answer or other pleading admitting, or failing to contest, the material allegations of a petition filed against the Member in any proceeding described in
subsections (i) through (iii); or 
 (b) if the Member is an individual, his or her death or legal incompetence. 

  
 8 

 “IRS” means the United States Internal Revenue Service. 

“Junior Unit” shall mean any of the Common Units or Class B Units, any unit of a new series of Units that are junior to
the Preferred Units in respect of the distribution of assets on liquidation, dissolution or winding up of the Company, if any, and any units or other equity interests into which any of the same shall have been converted or exchanged. 

“Kinnevik” means Kinnevik AB, a Swedish corporation. 

“Kinnevik Blocker” means Kinnevik US Holding, Inc., a Delaware corporation. Kinnevik Blocker shall include any
permitted transferee or assignee of Kinnevik Blocker. 
 “Kinnevik Equities” means the outstanding equity securities in
Kinnevik Blocker. 
 “Liquidation Transaction” shall mean, unless voted to be treated otherwise by a Preferred Majority
Interest, a Sale of the Company. 
 “Managed Practice” has the meaning ascribed to such term in the Class D Purchase
Agreement. 
 “Major Holder” has the meaning set forth on Schedule 1.1(C). 

“Majority-in-Interest” means the Members that
collectively hold in the aggregate greater than fifty percent (50%) of the Fully Diluted Ownership Percentages. 
 “Majority-in-Interest of the Common Unit Holders” means the Common Unit Holders that collectively hold in the aggregate greater than fifty percent (50%) of the Common
Unit Participating Percentages. 
 “Majority Stake” means, with respect to any Member, such Member’s direct or
indirect beneficial ownership, together with that of its Affiliates, of a number of securities in the Company or the VMD Corporation (which shall include securities held by any Blocker based on the ownership of Blocker Equities such Member has in
any Blocker), as applicable, that results in such Member and its Affiliates holding one Unit or share over fifty percent (50%) of the aggregate voting power of the Company or the VMD Corporation, as applicable, on a fully diluted basis. 

“Member” shall mean each Person who is designated as a Member on Exhibit A to this Agreement (as such Exhibit A
may be amended from time to time), including any Person who is admitted as a Member after the Effective Date in accordance with this Agreement. Each Member described in the preceding sentence shall constitute a “member” of the Company for
purposes of the Act. 
 “National Securities Exchange” means Nasdaq Stock Market’s National Market, the New York Stock
Exchange or another exchange or marketplace approved by the Board. 
 “Notice Member” has the meaning set forth in
Section 11.5(c). 
 “Non-Walgreens Members” means the
Members other than Walgreens and its Affiliates. 
 “Oak” means each of Oak Blocker and Oak HC/FT Partners, L.P., a
Delaware limited partnership. 

  
 9 

 “Oak Blocker” means Oak HC/FT VMD Blocker Corp., a Delaware corporation.
Oak Blocker shall include any permitted transferee or assignee of Oak Blocker. 
 “Oak Equities” means the outstanding
equity securities in Oak Blocker. 
 “Observer” means an individual invited to attend meetings of the Board or any
Committee thereof, as applicable, in a non-voting observer capacity pursuant to the terms of this Agreement. 

“Options” has the meaning specified in Section 3.8(j)(i). 

“Organizational Documents” means (a) with respect to the Company, the Company’s Certificate of Formation and this
Agreement, (b) with respect to a corporation, the certificate or articles of incorporation and bylaws; and (c) with respect to any other entity, the articles, charter, bylaws, certificate of formation, operating agreement or other similar
organizational, constitutive or governing documents of such entity. 
 “Participating Member” has the meaning specified in
Section 3.3(e). 
 “Partnership Representative” has the meaning specified in
Section 11.5(a). 
 “Percentage Interest” of any Member at any time shall mean: 

(a) with respect to the Preferred Units held by such Member, the quotient of (x) the number of Common Units that would be issued upon a
conversion of such Preferred Units pursuant to Section 3.8 divided by (y) the number of Units then outstanding (determined on an as-converted basis assuming full
conversion of all Preferred Units, but taking into account Class B Units and Common Profits Units only to the extent that such Class B Units or Common Profits Units are entitled to participate in distributions pursuant to
Section 4.7); and 
 (b) with respect to the other Units held by such Member, the quotient of (x) the number
of Units held by such Member (other than Class B Units or Common Profits Units not entitled to participate in distributions pursuant to Section 4.7) divided by (y) the number of Units then outstanding
(determined on an as-converted basis assuming full conversion of all Preferred Units, but taking into account Class B Units and Common Profits Units only to the extent that such Class B Units or
Common Profits Units are entitled to participate in distributions pursuant to Section 4.7). 

“Period” means, for the first Period, the period commencing on the Effective Date and ending on the next Adjustment Date, and
thereafter, shall mean the Period commencing on the day after an Adjustment Date and ending on the next Adjustment Date. 

“Permitted Transferee” means, with respect to (i) a Member who is an individual, a member of such Member’s Family
Group or an Affiliate of such Member, and (ii) any Member who is not an individual, an Affiliate of such Member or, if such Member’s securities are not publicly traded, a partner, member or shareholder or trust or liquidating trust for the
benefit of any of the foregoing. 
 “Person” means and includes any individual, corporation, partnership, association,
limited liability company, trust, estate, custodian, nominee or any other individual or entity in its own or any representative capacity. 

  
 10 

 “Positioning Agreement” means that certain Positioning Agreement, dated as
of the date hereof, by and between the Company and Walgreens Parent, as amended and/or restated from time to time. 
 “Preferred
Majority Interest” means the Preferred Unit Holders that collectively hold, directly or indirectly (including through the ownership of Blocker Equities), at least a majority of the then outstanding Preferred Units (on an as-converted to Common Units basis). 
 “Preferred Unit” means a Class A Preferred
Unit, a Class B Preferred Unit, a Class C Preferred Unit, a Class D Preferred Unit or any other unit of the Company created by the Board in accordance with this Agreement that the Board designates as a Preferred Unit. 

“Preferred Unit Holder” means a Unit Holder of Preferred Units, in its capacity as such. 

“Profits” and “Losses” means, for each period taken into account under Article IV, an amount equal to the
Company’s taxable income or taxable loss for such period, determined in accordance with federal income tax principles, with the following adjustments: 

(a) There shall be added to such taxable income or taxable loss an amount equal to any income received by the Company during such period which
is wholly exempt from federal income tax (e.g., interest income which is exempt from federal income tax under section 103 of the Code); 

(b) Any expenditures of the Company described in section 705(a)(2)(B) of the Code or treated as section 705(a)(2)(B) expenditures pursuant to
§ 1.704-1(b)(2)(iv)(i) of the Regulations, and not otherwise taken into account in computing Profits or Losses, shall be subtracted from such taxable income or loss; 

(c) In the event the Gross Asset Value of any Company asset is adjusted pursuant to the terms of this Agreement, the amount of such adjustment
shall be taken into account as gain or loss from the disposition of such asset for purposes of computing Profits or Losses; 
 (d) Gain or
loss resulting from any disposition of Company Property with respect to which gain or loss is recognized for federal income tax purposes shall be computed by reference to the Gross Asset Value of the Company Property disposed of, notwithstanding
that the adjusted tax basis of such Company Property differs from its Gross Asset Value; 
 (e) In lieu of the depreciation, amortization,
and other cost recovery deductions taken into account in computing such taxable income or loss, there shall be taken into account Depreciation for such fiscal year or other period; 

(f) To the extent an adjustment to the adjusted tax basis of any Company asset pursuant to section 734(b) or section 743(b) of the Code is
required pursuant to § 1.704-1(b)(2)(iv)(m)(4) of the Regulations to be taken into account in determining Capital Accounts as a result of a distribution other than in liquidation of a
Member’s Economic Interest, the amount of such adjustment shall be treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases the basis of the asset) from the disposition of the asset
and shall be taken into account for purposes of computing Profits or Losses; and 
 (g) Any items that are specially allocated pursuant to
Section 4.3 shall not be taken into account in computing Profits and Losses. 

  
 11 

 “Profits Interests” has the meaning specified in
Section 3.2(d). 
 “Purchasing Member” has the meaning specified in
Section 3.3(e). 
 “Qualified IPO” shall mean the earlier to occur of (a) an IPO or
(b) the effectiveness of a registration statement under the Securities Act in connection with a Direct Listing. 

“Redemption” means the redemption, in a single transaction or separate transactions, by the Company of Unit Equivalents,
provided that (i) the aggregate amount paid by the Company to the holders of Unit Equivalents in such redemption shall not exceed the sum of (A) $2,900,000,000 minus (B) the aggregate amount of all Blocker Payments, (ii) such
redemption shall be offered pro rata to all Members (excluding Walgreens and any Blocker that receives Blocker Payments) unless otherwise approved by the Redemption Committee, (iii) such redemptions shall be at a price per unit equal to the
Class D Original Issue Price or on other terms approved by the Redemption Committee and (iv) such redemption shall be effectuated in accordance with all applicable law in all material respects. 

“Related Party” means (i) any Member, (ii) for any Member who is a natural person, a member of such Member’s
Family Group, (iii) any Affiliate of any Member, (iv) any Director or officer of the Company or (v) a member of the Family Group of any Director or officer of the Company. 

“Regulations” means the income tax regulations, including any temporary regulations, from time to time promulgated under the
Code. 
 “Regulatory Allocation” has the meaning specified in Section 4.3(b). 

“Sale of the Company” means (a) the sale, lease, transfer, exclusive license or other disposition, in a single
transaction or series of related transactions, by the Company or any Subsidiary of the Company of all or substantially all the assets of the Company and its Subsidiaries taken as a whole, or the sale or disposition (whether by merger or otherwise)
of one or more Subsidiaries of the Company if substantially all of the assets of the Company and its Subsidiaries taken as a whole are held by such Subsidiary or Subsidiaries, except where such sale, lease, transfer, exclusive license or other
disposition is to a wholly owned Subsidiary of the Company (a “Company Asset Sale”), (b) the Transfer of a majority of the outstanding Units (whether directly or indirectly through a sale by one or more Members) to a Person or a
group of Persons acting in concert or (c) the merger or consolidation of the Company with or into another Person, in each case in clauses (b) and (c) above, under circumstances in which the holders of a majority in voting power of the
outstanding Common Units (including the Preferred Units converted or convertible into Common Units), immediately prior to such transaction, own less than a majority in voting power of the outstanding Common Units (including the Preferred Units
converted or convertible into Common Units), or the surviving or resulting Person, immediately following such transaction; provided, however, that a conversion of the Company into a corporation pursuant to Article IX
shall not be deemed to be a Sale of the Company so long as it does not result in the holders of a majority in voting power of the outstanding Units, immediately prior to such transaction, owning less than a majority in voting power of the resulting
corporation immediately following such transaction. 
 “SPAC” means a publicly traded special purpose acquisition company
or other similar entity that is a “blank check” company under applicable U.S. securities laws. 

  
 12 

 “SPAC Effective Time” means the “effective time” for the business
combination or similar transaction between the Company or VMD Corporation and the SPAC. 
 “SPAC Transaction” means a
merger, acquisition or other business combination involving the Company or VMD Corporation and a SPAC. 
 “Special Board
Approval” means, with respect to any action or other matter for so long as there are nine (9) Directors on the Board (not including recusals), the approval or consent of (a) if the Chairman and the Walgreens Directors that are not
Independent Walgreens Directors approve such action or matter, at least six (6) Directors or (b) if the conditions in clause (a) have not been met, at least seven (7) Directors. Notwithstanding the foregoing, in the event there
are more or less than nine (9) Directors on the Board (not including recusals and whether caused by any recusals, vacancies or changes in the size of the Board), “Special Board Approval” means, with respect to any action or other
matter, the approval or consent of (i) if the Chairman and the Walgreens Directors that are not Independent Walgreens Directors approve such action or matter, at least a number of Directors equal to the total number of Walgreens Directors plus
the Chairman (provided that such number is not less than a majority of the Directors on the Board) or (ii) if the conditions in clause (i) have not been met, at least a number of Directors equal to the total number of Walgreens Directors
plus half of the total number of Non-Walgreens Directors (rounding up if such number is an odd number). For purposes of the definition of “Special Board Approval,” if the Chairman is a Walgreens
Director then the references to the Chairman in such definition shall be deemed to be references to the Lead Independent Director. 

“Specified Stake” means, with respect to any Member, such Member’s beneficial ownership, together with that of its
Affiliates, of a number of securities held directly or indirectly in the Company (which shall include securities held by any Blocker based on the ownership of Blocker Equities held by such Member in any Blocker) or the VMD Corporation, as
applicable, that results in such Member and its Affiliates holding at least fifty-one percent (51%) of the aggregate direct or indirect voting power of the Company or the VMD Corporation, as applicable, on a
fully diluted basis. 
 “Specified Walgreens Change in Control” means any of the following events or series of related
events occurring within 18 months from the Closing (as defined in Class D Purchase Agreement): (i) the sale, lease, exchange, license or other transfer of all or substantially all of Walgreens’s or Walgreens Parent’s properties or
assets (as determined on a consolidated basis) to those Persons set forth on Schedule 1.1(D) (each Person, together with its respective Affiliates, a “Specified Counterparty”); (ii) the transfer, directly or indirectly, to
any Specified Counterparty of beneficial ownership of greater than 50% of the aggregate voting power of the fully diluted membership interests or capital stock of Walgreens or Walgreens Parent; (iii) any merger or other similar transaction
solely with a Specified Counterparty in which Walgreens or Walgreens Parent is the surviving entity as a result of which the stockholders of Walgreens immediately prior to such transaction beneficially own less than 50% of the aggregate voting power
of the fully diluted capital in the surviving entity; (iv) any merger or other similar transaction to which Walgreens or Walgreens Parent is a party with a Specified Counterparty as a result of which all of Walgreens’s or Walgreens
Parent’s outstanding equity is converted into or exchanged for cash or securities of any successor entity and the stockholders of Walgreens or Walgreens Parent immediately prior to such transaction beneficially own less than 50% of the
aggregate voting power of the fully diluted capital in the surviving entity; or (v) a Specified Counterparty acquires the right to elect a majority of the board of directors of Walgreens or Walgreens Parent. 

  
 13 

 “Strategic Investor” means any Person who is not a Financial Investor
or series of Affiliated Persons who are not Financial Investors. 
 “Subsidiary” means, with respect to a specified Person,
any entity of which (i) if a corporation, at least a majority of the total voting power of shares of stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors thereof is at the time owned or
controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a combination thereof, or (ii) if a limited liability company, partnership, association, or other entity (other than a corporation),
at least a majority of membership, partnership or other similar ownership or voting interest thereof is at the time owned or controlled, directly or indirectly, by that Person or one or more Subsidiaries of that Person or a combination thereof. For
purposes hereof, a Person or Persons shall be deemed to have a majority ownership interest in a limited liability company, partnership, association, or other entity (other than a corporation) if such Person or Persons shall be allocated a majority
of limited liability company, partnership, association, or other entity gains or losses or shall be a manager, managing member, managing director or general partner of, or shall otherwise control the activities of, such limited liability company,
partnership, association, or other entity. For purposes hereof, references to a “Subsidiary” of any Person shall be given effect only at such times that such Person has one or more Subsidiaries, and, unless otherwise indicated, the term
“Subsidiary” refers to a Subsidiary of the Company. 
 “Tax Distribution” has the meaning specified in
Section 4.5. 
 “Tax Item” has the meaning specified in Section 4.4(a).

 “Tax Matters Partner” has the meaning specified in Section 11.5(a). 

“Town Hall Ventures” means Town Hall Ventures, L.P., a Delaware limited partnership. 

“Town Hall Ventures Blocker” means THV VMD Blocker Corp., a Delaware corporation. Town Hall Ventures Blocker shall include
any permitted transferee or assignee of Town Hall Ventures Blocker. 
 “Town Hall Ventures Equities” means the outstanding
equity securities in Town Hall Ventures Blocker. 
 “Transfer” means, when used as a noun, any sale, hypothecation, pledge,
assignment, attachment, encumbrance or other transfer, and, when used as a verb, means, to sell, hypothecate, pledge, assign, encumber or otherwise transfer, in each case, whether direct or indirect, with or without consideration and whether
voluntary, involuntary or by operation of law. 
 “Underwritten Offering” means a firm commitment or “best
efforts” underwritten public offering of the Company’s or VMD Corporation’s common units or stock under the Securities Act (other than pursuant to a registration statement on Form S-4 or S-8 or any similar or successor form), excluding a block trade.
 “Unit” means a Common
Unit, a Class A Preferred Unit, a Class B Unit, a Class B Preferred Unit, a Class C Preferred Unit, Class D Preferred Unit or any other class or series of unit of the Company created by the Board in accordance with this
Agreement. 

  
 14 

 “Unit Equivalents” means any Unit or other equity interest or security
convertible into or exchangeable for Units or any right, warrant or option to acquire Units or such convertible or exchangeable Units, equity interests or securities. 

“Unit Holder” means any Person who holds a Unit, whether as a Member or as an Economic Owner. 

“Unreturned Capital Contributions” shall mean, (i) except as provided in clauses (ii) and (iii) below, with respect
to a holder of its outstanding Preferred Units, the Capital Contributions of such holder in respect of its outstanding Preferred Units less any distribution of cash or property to such Member pursuant to Section 4.6 and
Section 4.7(a), (ii) with respect to the Class D Preferred Units held by a Blocker, the Blocker Payment made by WBA Acquisition to acquire the Blocker Equities of such Blocker less any distribution of cash or property
to such Blocker with respect to such Class D Preferred Units pursuant to Section 4.6 and Section 4.7(a), and (iii) with respect to Class A Preferred Units, Class B
Preferred Units, and Class C Preferred Units held by a Blocker, the excess (if any) of (a) the product obtained by multiplying the Capital Contributions of such Blocker in respect of such Preferred Units by the percentage of the Blocker
Equities of such Blocker that was not acquired by WBA Acquisition, less (b) the sum of any distribution of cash or property to such Blocker in respect to such Preferred Units pursuant to Section 4.6 and
Section 4.7(a); provided, however, that any distribution pursuant to Section 4.6 shall not reduce Unreturned Capital Contributions to the extent that such distribution reduces any Tax
Distribution under Section 4.5. 
 “VMD Corporation” has the meaning specified in
Section 9.1. 
 “Voting Unit Equivalents” means any Unit (other than a Class B Unit or any
other class or series of unit of the Company created by the Board in accordance with this Agreement that is non-voting) or other equity interest or security convertible into or exchangeable for such Units or
any right, warrant or option to acquire such Units or such convertible or exchangeable voting Units, equity interests or securities. 

“Walgreens” means, collectively, WBA Financial and WBA Acquisition and any of their permitted transferees or assignees. For
purposes of this Agreement, (i) an affirmative action taken by either WBA Financial or WBA Acquisition or any of their permitted transferees or assignees shall be deemed to satisfy an action taken by Walgreens, unless otherwise specified
herein, and (ii) reference to Walgreens in the singular shall include each of WBA Financial and WBA Acquisition and their permitted transferees or assignees. 

“Walgreens Directors” has the meaning specified in Section 5.1(c)(ii). 

“Walgreens Excess Units” has the meaning specified in Section 12.18(c). 

“Walgreens Note” has the meaning ascribed to the defined term “Note” in the Class D Purchase Agreement. 

“Walgreens Parent” means Walgreens Boots Alliance, Inc., a Delaware corporation. 

“WBA Acquisition” means WBA Acquisition 4, LLC, a Delaware limited liability company. 

“WBA Financial” means WBA Financial, LLC, a Delaware limited liability company. 

  
 15 

 ARTICLE II 

FORMATION AND NAME; OFFICE; PURPOSE; TERM 

2.1 Formation of the Company. The Company was formed as a Delaware limited liability company pursuant to the Act. The Board shall use
all reasonable efforts to assure that all filing, recording, publishing and other acts necessary or appropriate for compliance with all requirements for the continuation of the Company as a limited liability company under the Act are made or taken.
Each party hereto represents and warrants that it is duly authorized to join in this Agreement and that the Person executing this Agreement on its behalf is duly authorized to do so. 

2.2 Name of the Company. The name of the Company is “Village Practice Management Company, LLC.” The Company may do business
under that name and under any other name or names that the Board selects. If the Company does business under a name other than that set forth in its Certificate of Formation, then the Company shall comply with any requirements of the Act or
applicable law necessary to do business under such name or names. 
 2.3 Purpose. The purpose and business of the Company shall be to
engage in the Business (directly or through a Subsidiary) and, in the discretion of the Board, in any other lawful act or activity which may be conducted by a limited liability company organized under the laws of the State of Delaware. 

2.4 Term. The term of the Company began with the filing of the Certificate of Formation with the Secretary of State of the State of
Delaware (the “Secretary”) and shall continue in perpetuity, unless it is dissolved pursuant to Article X hereof. The existence of the Company as a separate legal entity shall continue until the completion of the winding up
of the Company and the cancellation of the Certificate of Formation in accordance with the Act. 
 2.5 Registered Office; Registered
Agent; Principal Office; Other Offices. The registered office of the Company required by the Act to be maintained in the State of Delaware shall be the office of the registered agent named in the Certificate of Formation or such other office
(which need not be a place of business of the Company) as the Board may designate from time to time in the manner provided by law. The registered agent of the Company in the State of Delaware shall be the registered agent named in the Certificate of
Formation or such other Person or Persons as the Board may designate from time to time in the manner provided by law. The principal office of the Company shall be at such place as the Board may designate from time to time, which need not be in the
State of Delaware, and the Company shall maintain records there. The Company may have such other offices as the Board may designate from time to time. 

2.6 No State-Law Partnership. The Members intend that the Company not be a partnership
(including, but not limited to, a limited partnership) or joint venture, and that no Member be a partner or joint venturer of any other Member by virtue of this Agreement (except for tax purposes as set forth in the next succeeding sentence of this
Section 2.6), and neither this Agreement nor any other document entered into by the Company or any Member relating to the subject matter hereof shall be construed to suggest otherwise. The Members intend that the Company
shall be treated as a partnership for federal and, if applicable, state or local income tax purposes, and that each Member and the Company shall file all tax returns and shall otherwise take all tax and financial reporting positions in a manner
consistent with such treatment. 

  
 16 

 ARTICLE III 

MEMBERS; UNITS; CAPITAL CONTRIBUTIONS 

3.1 Members. The name of, and the number and classes of Units held by, each Member are set forth on Exhibit A, as such Exhibit
shall be amended from time to time in accordance with the terms of this Agreement. Any reference in this Agreement to Exhibit A shall be deemed to refer to Exhibit A as amended and then in effect in accordance with the terms of this
Agreement. Exhibit A is kept on file with the Company at its offices. 
 3.2 Capital and Units. 

(a) Capital Contributions. The amount and form of the Capital Contributions of the Members and the number of Units of each class of
interest in the Company initially held by the Members are set forth on Exhibit A maintained by the Company and attached hereto. 

(b) Classes of Units. The limited liability company interests in the Company shall initially consist of eight (8) classes of
limited liability company interests, denominated as “Common Units” (including any Common Profits Units), “Class A Preferred Units”, “Class B Preferred Units”,
“Class C-1 Preferred Units”, “Class C-2 Preferred Units”, “Class C-3 Preferred Units”, “Class D Preferred Units” and “Class B Units.” The Units represent limited liability company interests in
the Company issued pursuant to the Act, and any and all benefits to which a holder of such an interest may be entitled to under this Agreement or the Act, together with all obligations of such holder to comply with the terms and provisions of this
Agreement and the Act. Subject to the authorization of additional Units pursuant to Section 3.2(c), on the Effective Date, the authorized number of (i) Common Units is 42,396,510, (ii) Class A Preferred Units is
3,990,648, (iii) Class B Preferred Units is 4,392,570, (iv) Class C-1 Preferred Units is 2,096,196, (v) Class C-2 Preferred Units is 1,331,841, (vi) Class C-3 Preferred Units is 1,352,103, (vii) Class D Preferred Units is 12,792,756 and (viii) Class B Units is 6,612,813. The Units shall have the rights, preferences and privileges set forth
herein. The Company may issue Class B Units, options to acquire Class B Units and other similar equity incentives pursuant to the Equity Incentive Plan and subject to the restrictions set forth in this Agreement. 

(c) Additional Units. The Company shall authorize and/or issue additional Units or other equity securities in the Company in such
numbers and classes, having such rights and privileges and upon such terms and conditions as the Board may specify, subject in each case to the provisions of this Agreement. The Company shall not issue any additional Class A Preferred Units,
Class B Preferred Units, Class C-1 Preferred Units or Class C-2 Preferred Units, and shall not issue any
Class C-3 Preferred Units other than pursuant to the Class C-3 Convertible Note and shall not issue any Class D Preferred Units other than pursuant to the
terms of the Class D Purchase Agreement. 
 (d) Profits Interests. The Board shall have the right to issue, or cause the Company
to issue, Class B Units pursuant to the Equity Incentive Plan and Common Profits Units, in each case, as a grant of “profits interests” for U.S. federal income tax purposes. In the event of such an issuance, this Agreement shall be
interpreted in a manner that is consistent with such intent. Upon the issuance of any Class B Units or Common Profits Units as profits interests, the Board shall specify the Distribution Threshold, if any, applicable to such Class B Units
or Common Profits Units. The “Distribution Threshold” applicable to any such Class B Units or Common Profits Units issued by the Company shall be equal to the amount reasonably determined by the Board to be necessary or 

  
 17 

 
appropriate (but not necessarily the minimum amount required) to cause such Class B Units or Common Profits Units to constitute “profits interests” within the meaning of Revenue Procedure 93-27, 1993-2 C.B. 343, as clarified by Revenue Procedure 2001-43, 2001-2 C.B.
191. Any Class B Units or Common Profits Units issued as profits interests shall be referred to herein as “Profits Interests.” The Company shall have no liability if an interest in the Company intended to be treated as a
Profits Interest fails to qualify as a “profits interest” for U.S. federal income tax purposes. 
 3.3 Preemptive Rights.
If the Board determines to issue Additional Securities, each Member that is a holder of Common Units and/or Preferred Units (including Common Units issued upon conversion of Preferred Units) to the extent that each is an accredited investor (an
“Eligible Member”) shall have the right to purchase up to such Eligible Member’s pro rata share (as calculated below and, in the case of Walgreens, calculated to include the ownership of Blocker Equities to the extent Walgreens
has ownership of Blocker Equities in connection with determining such pro rata share) of all (or any part of) the Additional Securities which the Company may, from time to time, propose to sell and issue; provided, however, that, for a
given issuance of Additional Securities, if Walgreens in its sole discretion expressly exercises its rights to maintain a Specified Stake under Section 3.4 (rather than exercising its rights as an Eligible Member under this
Section 3.3), then the number of Additional Securities to which this Section 3.3 applies shall be reduced by the number of Additional Securities that Walgreens is purchasing pursuant to
Section 3.4 and Walgreens shall not be deemed to be an Eligible Member under this Section 3.3 for purposes of such issuance of Additional Securities. The preemptive rights granted to the Eligible
Members under this Section 3.3 shall be subject to the following terms and conditions: 
 (a) Notice of Issuance
of Additional Securities; Acceptance. In the event the Company undertakes or proposes to undertake an issuance or issuances of Additional Securities, it shall give each Eligible Member at least thirty (30) days’ prior written notice
(the “Preemptive Notice”) thereof, describing the type(s) of Additional Securities, the price(s) and the general terms upon which the Company proposes to issue the same. Each such Eligible Member shall have thirty
(30) days from the date of receipt of any such Preemptive Notice (x) to provide written confirmation in form and substance reasonably acceptable to the Company of such Member’s status as an “accredited investor” (as such
term is defined in the Rules and Regulations promulgated under the Securities Act) and (y) to agree to purchase up to that number of Additional Securities which equals the ratio of the number of Common Units at the time owned by such Eligible
Member on a Fully Diluted Basis to the total number of Common Units then held by all of the Eligible Members on a Fully Diluted Basis (subject to the further provisions of this Section 3.3(b) below) for the price(s) and
upon the general terms specified in the Preemptive Notice by giving written notice to the Company and stating therein the quantity of Additional Securities to be purchased. 

(b) Issuance Prior to Notice. Notwithstanding the foregoing provisions of this Section 3.3, in the event that
the Board determines that time is of the essence in completing any issuance of Additional Securities subject to Section 3.3, the Company may proceed to complete such issuance prior to the expiration of the subscription
period of Section 3.3(a), so long as provision is made in such issuance such that within thirty (30) days subsequent to the end of the subscription period in Section 3.3(a) either (x) the
purchaser(s) will be obligated to transfer that portion of such Additional Securities to any Member properly electing within the subscription period of Section 3.3(a) in such issuance pursuant to this
Section 3.3 sufficient to satisfy the terms of this Section 3.3 or (y) the Company shall issue such Additional Securities to those participating Members properly electing within the
subscription period of Section 3.3(a) to participate in such issuance pursuant to this Section 3.3 sufficient to satisfy the terms of this Section 3.3. 

  
 18 

 (c) Right of Company to Proceed with Issuance. If the Company gives a Preemptive
Notice prior to an issuance of Additional Securities, any definitive agreement to issue such Additional Securities on substantially the same economic terms as set forth in the Preemptive Notice that is entered into within one hundred eighty
(180) days after such Preemptive Notice shall be deemed to be part of the same offering and issuance, and no further Preemptive Notice shall be required pursuant to Section 3.3(a) above with respect to such offer or
issuance. If the Company offers or agrees to issue any Additional Securities on economic terms that are different from those set forth in the most recently delivered Preemptive Notice in any material respect or, in any event, more than one hundred
eighty (180) days after the most recently delivered Preemptive Notice, the offer or issuance of such Additional Securities by the Company shall be deemed a new offering and the Company shall be required to give a separate Preemptive Notice with
respect thereto. 
 (d) Acknowledgment. Each Eligible Member acknowledges that if such Eligible Member does exercise the rights
granted to such Eligible Member pursuant to this Section 3.3, such Eligible Member and the Company shall be required to execute customary documentation in connection therewith, including customary representations,
warranties, covenants and indemnities as may reasonably be required by the Company. 
 (e) Amendment or Waiver of Preemptive Rights.
Any amendment, waiver or modification to this Section 3.3 or the rights or obligations hereunder pursuant to Section 12.4(b)(xviii) shall only impact the rights and obligations under this
Section 3.3 if pro rata proportional parity of such rights and obligations is maintained for all Eligible Members; provided that any waiver of rights of any Eligible Members with respect to an issuance of Additional
Securities under this Section 3.3 pursuant to Section 12.4(b)(xviii) shall automatically be deemed to be a waiver of all of the rights of all of the Eligible Members with respect to such issuance
of Additional Securities under this Section 3.3; provided, however, in the event of such a waiver of the rights of the Eligible Members with respect to an issuance of Additional Securities under this
Section 3.3 in accordance with the immediately foregoing proviso, if an Eligible Member (the “Purchasing Member”) is nonetheless purchasing Additional Securities in such issuance (as determined by the
Board), then each other Eligible Member (each, a “Participating Member”) shall then be offered the right, upon the other terms of this Section 3.3, to purchase no more than the portion of such Additional
Securities equal to (i)(A) the number of Additional Securities to be purchased by the Purchasing Member, divided by (B) the number of Common Units immediately prior to such purchase owned by the Purchasing Member on a Fully Diluted
Basis, multiplied by (ii) the number of Common Units at the time owned by such Participating Member on a Fully Diluted Basis (and, for the avoidance of doubt, pro rata proportional parity of such rights and obligations shall otherwise
not be required in such case). 
 (f) This Section 3.3 shall terminate immediately following the consummation of
an Initial Public Offering. 
 3.4 Walgreens Specified Stake Preemptive Rights. If the Board determines to issue Additional
Securities, Walgreens or its Affiliates shall have the right to purchase a number of Additional Securities equal to the minimum number of Additional Securities necessary for Walgreens to maintain a Specified Stake immediately following such issuance
of Additional Securities; provided, however, that, for a given issuance of Additional Securities, if Walgreens maintains at least a Specified Stake (including through securities held by any Blocker based on the ownership of applicable
Blocker Equities owned by Walgreens) by exercising its rights as an Eligible Member under Section 3.3 or if Walgreens could have maintained a Specified Stake (including through securities held by any Blocker based on the
ownership of applicable Blocker Equities owned by 

  
 19 

 
Walgreens) by exercising its rights as an Eligible Member under Section 3.3 with respect to such issuance of Additional Securities, then this
Section 3.4 shall not apply to such issuance of Additional Securities. For purposes of this Section 3.4, the definition of Excluded Securities shall not include clauses (F), (G) or (I) of such
definition. The preemptive rights granted to Walgreens under this Section 3.4 shall be subject to the following terms and conditions: 

(a) Walgreens Notice of Issuance of Additional Securities; Acceptance. In the event the Company undertakes or proposes to undertake an
issuance or issuances of Additional Securities, it shall give Walgreens at least ten (10) business days prior written notice (the “Walgreens Preemptive Notice”) thereof, describing the type(s) of Additional Securities, the
price(s) (if known) and the general terms upon which the Company proposes to issue the same. Walgreens shall have ten (10) business days from the date of receipt of any such Walgreens Preemptive Notice (x) to provide written confirmation
in form and substance reasonably acceptable to the Company of Walgreens’s status as an “accredited investor” (as such term is defined in the Rules and Regulations promulgated under the Securities Act) and (y) to agree to purchase
up to that number of Additional Securities that would allow Walgreens to maintain a Specified Stake for the price(s) and upon the general terms specified in the Walgreens Preemptive Notice by giving written notice to the Company and stating therein
the quantity of Additional Securities to be purchased. Notwithstanding the obligations under this Section 3.4(a), Walgreens shall not be obligated to indirectly acquire such Additional Securities through further acquisitions of Blocker
Equities. Walgreens’s rights under this Section 3.4 shall be deemed waived if it has not provided such written confirmation ten (10) business days after receipt of the Walgreens Preemptive Notice. 

(b) Right of Company to Proceed with Issuance. If the Company gives a Walgreens Preemptive Notice prior to an issuance of Additional
Securities, any definitive agreement to issue such Additional Securities on substantially the same economic terms as set forth in the Walgreens Preemptive Notice that is entered into within one hundred eighty (180) days after such Walgreens
Preemptive Notice shall be deemed to be part of the same offering and issuance, and no further Walgreens Preemptive Notice shall be required pursuant to Section 3.4(a) above with respect to such offer or issuance. If the
Company offers or agrees to issue any Additional Securities on economic terms that are different from those set forth in the most recently delivered Walgreens Preemptive Notice in any material respect or, in any event, more than one hundred eighty
(180) days after the most recently delivered Walgreens Preemptive Notice, the offer or issuance of such Additional Securities by the Company shall be deemed a new offering and the Company shall be required to give a separate Walgreens
Preemptive Notice with respect thereto. 
 (c) Termination; Waiver. This Section 3.4 shall become
ineffective and no longer apply upon the occurrence of (i) an Event of Default (as defined in the Walgreens Note) under Section 5(a) of the Note, (ii) at such time that Walgreens no longer holds a Majority Stake, provided that the
Company has complied with this Section 3.4, or (iii) the written consent of Walgreens. The provisions of this Section 3.4 may be waived with the prior written consent of both the RPT Committee
and Walgreens. 
 3.5 No Interest on Capital Contributions. Members shall not be paid interest on their Capital Contributions. 

3.6 Return of Capital Contributions. Except as otherwise provided in this Agreement, no Member shall have the right to receive the
return of any Capital Contribution. 

  
 20 

 3.7 Form of Return of Capital. If a Member is entitled to receive a return of a
Capital Contribution, the Member shall not have the right to receive any form of consideration other than cash in return of the Member’s Capital Contribution. 

3.8 Conversion of the Preferred Units. The Preferred Unit Holders shall have the following rights with respect to the conversion of the
Preferred Units held by them into Common Units: 
 (a) Optional Conversion. Any Preferred Units may, at the option of the
holder thereof, be converted at any time into Common Units in accordance with this Section 3.8. The number of Common Units to which a Preferred Unit Holder shall be entitled upon such optional conversion shall be equal to
the product obtained by multiplying the applicable Conversion Rate (each as defined in and determined as provided in Section 3.8(c) below), then in effect, by the number of Preferred Units being converted. Each Preferred
Unit Holder who desires to convert such Preferred Units into Common Units pursuant to this Section 3.8(a) shall surrender the certificate or certificates, if any, representing the Units being converted, duly endorsed, at
the office of the Company or any transfer agent for such Units, and shall give written notice to the Company at such office that such Preferred Unit Holder has elected to convert such Units. Such notice shall state the number of Preferred Units
being converted. Thereupon, the Company shall promptly issue and deliver at such office to such Preferred Unit Holder a certificate or certificates for the number of Common Units to which such Preferred Unit Holder is entitled in respect of such
conversion and shall promptly pay in Common Units (at the Common Unit’s fair market value determined by the Board as of the date of such conversion), any declared and unpaid dividends on the Preferred Units being converted. Such conversion
shall be deemed to have been made immediately prior to the close of business on the date of such conversion, and the person entitled to receive the Common Units issuable upon such conversion shall be treated for all purposes as the record holder of
such Common Units on such date. As promptly as practicable on or after the conversion date, the Company shall amend Exhibit A to reflect such conversion. 

(b) Automatic Conversion of Preferred Units. Each Class A Preferred Unit shall automatically, without any further action by the
holder of such Unit and whether or not the certificate representing such Unit is surrendered to the Company or its transfer agent, be converted into Common Units in accordance with this Section 3.8(b): (i) at any time upon
the affirmative election of the Class A Preferred Majority Interest; or (ii) immediately upon the consummation of an Initial Public Offering. Each Class B Preferred Unit shall automatically, without any further action by the holder of
such Unit and whether or not the certificate representing such Unit is surrendered to the Company or its transfer agent, be converted into Common Units in accordance with this Section 3.8(b): (i) at any time upon the
affirmative election of the Class B Preferred Majority Interest; or (ii) immediately upon the consummation of a Qualified IPO. Each Class C Preferred Unit shall automatically, without any further action by the holder of such Unit and
whether or not the certificate representing such Unit is surrendered to the Company or its transfer agent, be converted into Common Units in accordance with this Section 3.8(b): (i) at any time upon the affirmative election
of the Class C Preferred Majority Interest or (ii) immediately upon the consummation of a Qualified IPO. Each Class D Preferred Unit shall automatically, without any further action by the holder of such Unit and whether or not the
certificate representing such Unit is surrendered to the Company or its transfer agent, be converted into Common Units in accordance with this Section 3.8(b): (i) at any time upon the affirmative election of the
Class D Preferred Majority Interest or (ii) immediately upon the consummation of a Qualified IPO. The number of Common Units to which a Preferred Unit Holder shall be entitled upon any such automatic conversion shall be equal to the
product obtained by multiplying the applicable Conversion Rate then in effect by the number of Preferred Units being 

  
 21 

 
converted. Upon the occurrence of such automatic conversion, the Preferred Unit Holders shall surrender the certificates representing such Preferred Units, if any, at the office of the Company or
any transfer agent for such Units. Following such surrender, if the Company’s Units are then certificated, the Company shall issue and deliver to each such Preferred Unit Holder at such office and in each such Preferred Unit Holder’s name
as shown on the certificate or certificates surrendered by such Preferred Unit Holder, a certificate or certificates for the number of Common Units into which such holder’s Preferred Units were convertible on the date on which such automatic
conversion occurred; provided, however, that the Company shall not be obligated to issue any certificate evidencing the Common Units issuable to any Preferred Unit Holder in respect of the automatic conversion provided for in
this Section 3.8(b) unless and until the certificates evidencing such holder’s Preferred Units are delivered to the Company or its transfer agent as provided above or until the Preferred Unit Holder notifies the
Company or its transfer agent that such certificates have been lost, stolen or destroyed and executes an agreement satisfactory to the Company to indemnify the Company from any loss incurred by it in connection with such lost, stolen or destroyed
certificates. Any declared and unpaid dividends on any Preferred Units converted in accordance with this Section 3.8(b) shall be paid in accordance with the provisions of Section 3.8(a).
Notwithstanding the foregoing, in no event shall any Preferred Unit convert into Common Units immediately upon the consummation of a Qualified IPO if such Preferred Units are being converted into stock of the VMD Corporation pursuant to
Section 9.2. 
 (c) Conversion Rates. The conversion rate in effect at any time for conversion of each
Class A Preferred Unit (the “Class A Preferred Unit Conversion Rate”) shall be the quotient obtained by dividing the Class A Original Issue Price by the Conversion Price then in effect for the
Class A Preferred Units (as defined in and calculated as provided in Section 3.8(d)). The conversion rate in effect at any time for conversion of each Class B Preferred Unit (the
“Class B Preferred Unit Conversion Rate”) shall be the quotient obtained by dividing the Class B Original Issue Price by the Conversion Price then in effect for the Class B Preferred Units (as
defined in and calculated as provided in Section 3.8(d)). The conversion rate in effect at any time for conversion of each Class C-1 Preferred Unit (the
“Class C-1 Preferred Unit Conversion Rate”) shall be the quotient obtained by dividing the Class C-1 Original Issue Price
by the Conversion Price then in effect for the Class C-1 Preferred Units (as defined in and calculated as provided in Section 3.8(d)). The conversion rate in effect at any
time for conversion of each Class C-2 Preferred Unit (the “Class C-2 Preferred Unit Conversion Rate”) shall be the
quotient obtained by dividing the Class C-2 Original Issue Price by the Conversion Price then in effect for the applicable Class C-2 Preferred Units (as
defined in and calculated as provided in Section 3.8(d)). The conversion rate in effect at any time for conversion of each Class C-3 Preferred Unit (the
“Class C-3 Preferred Unit Conversion Rate”) shall be the quotient obtained by dividing the Class C-3 Original Issue Price
by the Conversion Price then in effect for the applicable Class C-3 Preferred Units (as defined in and calculated as provided in Section 3.8(d)). The conversion rate in
effect at any time for conversion of each Class D Preferred Unit (the “Class D Preferred Unit Conversion Rate”) shall be the product of (i) the quotient obtained by dividing the Class D
Original Issue Price by the Conversion Price then in effect for the Class D Preferred Units (as defined in and calculated as provided in Section 3.8(d)) multiplied by (ii) the Redemption Dilution Factor.
“Conversion Rate” shall mean the Class A Preferred Unit Conversion Rate, the Class B Preferred Unit Conversion Rate, the Class C-1 Preferred Unit Conversion Rate, the Class C-2 Preferred Unit Conversion Rate, the Class C-3 Preferred Unit Conversion Rate, and/or the Class D Preferred Unit Conversion Rate, as applicable. 

  
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 (d) Conversion Prices. The conversion price for the Class A Preferred Units
shall initially be $8.75444 (the “Class A Conversion Price”). The conversion price for the Class B Preferred Units shall initially be the Class B Original Issue Price (the
“Class B Conversion Price”). The conversion price for the Class C-1 Preferred Units shall initially be the Class C-1
Original Issue Price (the “Class C-1 Conversion Price”). The conversion price for any Class C-2 Preferred Units issued at any
time shall initially be the Class C-2 Original Issue Price (the “Class C-2 Conversion Price”). The conversion price for
any Class C-3 Preferred Units issued at any time shall initially be the Class C-3 Original Issue Price (the “Class C-3 Conversion Price”). The conversion price for the Class D Preferred Units shall initially be the Class D Original Issue Price (the “Class D Conversion
Price”). “Conversion Price” shall mean the Class A Conversion Price, the Class B Conversion Price, the Class C-1 Conversion Price, the
Class C-2 Conversion Price, the Class C-3 Conversion Price and/or the Class D Conversion Price, as applicable. Such initial Conversion Prices shall be
adjusted from time to time in accordance with this Section 3.8. All references to the Conversion Price herein shall mean the Conversion Prices as so adjusted. 

(e) Adjustment for Outstanding Tax Distributions. If Preferred Units are converted into Common Units under Sections 3.8(a) or
3.8(b), then, to the extent that the value (based on the valuation determined by the Board in good faith) of the number of Common Units to be received by the Preferred Unit Holder with respect to its Preferred Units exceeds the Unreturned
Capital Contributions of such Preferred Unit Holder with respect to such Preferred Units (such excess, the “Conversion Participating Excess”), such number of Common Units to be received by such Preferred Unit Holder shall be reduced
by a number of Common Units with a value (based on the valuation determined by the Board in good faith) equal to the lesser of (x) the Conversion Participating Excess and (y) any Tax Distributions paid to Preferred Unit Holder with respect
to such Preferred Units pursuant to Section 4.5 to the extent such Tax Distributions have not been repaid or have not had the effect of reducing the amount otherwise distributable to such Preferred Unit Holder in accordance
with Section 4.5 as of immediately prior to conversion (“Pre-Conversion Outstanding Tax Distributions”); provided further that, at the option of any
such Preferred Unit Holder, such Preferred Unit Holder may (in lieu of having the lesser of the amount described in clause (x) or (y) of the immediately preceding proviso reduce its entitlement to Common Units pursuant to the immediately
preceding proviso) repay in cash the lesser of the amount described in clause (x) or (y) of the immediately preceding proviso, plus an amount, as determined in good faith by the Board, of cash interest accruing at a rate of 5% per annum from
the date of each such Pre-Conversion Outstanding Tax Distribution (or portion thereof) through the date of such conversion. 

(f) Adjustment for Unit Splits and Combinations. If the Company shall at any time or from time to time after the Class D Original
Issue Date effect a subdivision of the outstanding Common Units without a corresponding subdivision of the Preferred Units, then the Conversion Prices, as applicable, in effect immediately before such subdivision shall be proportionately decreased.
Conversely, if the Company shall at any time or from time to time after the Class D Original Issue Date combine the outstanding Common Units into a smaller number of Units without a corresponding combination of the Preferred Units, then the
Conversion Prices, as applicable, in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.8(f) shall become effective at the close of business on the date such
subdivision or combination becomes effective. 
 (g) Adjustment for Dividends and Distributions. If the Company at any time or from
time to time after the Class D Original Issue Date makes, or fixes a record date for the determination of Common Unit Holders entitled to receive, a dividend or other distribution payable in additional Common Units, in each such event the
Conversion Prices then in effect shall be decreased as of the time of such issuance or, in the event such record date is fixed, as of the close of business on such record date, by multiplying such Conversion Prices, as applicable, then in effect by
a fraction: (i) the numerator of which is the total number of Common Units issued and outstanding immediately prior 

  
 23 

 
to the time of such issuance or the close of business on such record date; and (ii) the denominator of which is the sum of the total number of Common Units issued and outstanding immediately
prior to the time of such issuance or the close of business on such record date, plus the number of Common Units issuable in payment of such dividend or distribution; provided, however, that if such record date is fixed and such
dividend is not fully paid or if such distribution is not fully made on the date fixed therefor, such Conversion Price shall be recomputed accordingly as of the close of business on such record date and thereafter such conversion price shall be
adjusted pursuant to this Section 3.8 to reflect the actual payment of such dividend or distribution. 
 (h)
Adjustment for Reclassification, Exchange and Substitution. If at any time or from time to time after the Class D Original Issue Date, the Common Units issuable upon the conversion of the Preferred Units is changed into the same or a
different number of any class or classes of Units, whether by recapitalization, reclassification or otherwise (other than a subdivision or combination of Units, or reorganization, merger, consolidation or sale of assets provided for elsewhere in
this Section 3.8), in any such event each Preferred Unit Holder shall have the right thereafter to convert such Units into the kind and amount of Units and other securities and property receivable upon such
recapitalization, reclassification or other change by holders of the maximum number of Common Units into which such Preferred Units, as applicable, could have been converted immediately prior to such recapitalization, reclassification or change, all
subject to further adjustment as provided herein or with respect to such other securities or property by the terms thereof. 
 (i)
Reorganizations, Mergers or Consolidations. If at any time or from time to time after the Class D Original Issue Date, there is a capital reorganization of the Common Units or the merger or consolidation of the Company with or into
another corporation or another entity or person involving the Common Units (but not the Preferred Units) (other than a recapitalization, subdivision, combination, reclassification, exchange or substitution of Units provided for elsewhere in this
Section 3.8), as a part of such capital reorganization, provision shall be made so that the Preferred Unit Holders shall thereafter be entitled to receive, upon the conversion of such Preferred Units, that number of Units
or other securities or property of the Company to which a holder of that number of Common Units deliverable upon conversion of such Preferred Units, would have been entitled as a result of such capital reorganization, merger or consolidation. In any
such case, appropriate adjustment shall be made in the application of the provisions of this Section 3.8 with respect to the rights of the Preferred Unit Holders after the capital reorganization such that the provisions of
this Section 3.8 (including adjustment of the applicable Conversion Price(s) then in effect and the number of Units issuable upon conversion of the Preferred Units) shall be applicable after that event and be as nearly
equivalent as practicable. 
 (j) Sale of Units below Conversion Price. 

(i) If at any time or from time to time after the Class D Original Issue Date the Company issues or sells, or is deemed by
the express provisions of this Section 3.8(j) to have issued or sold, Additional Junior Units (as defined below), other than as a dividend or other distribution on any class of Units as provided in
Section 3.8(g) above, and other than a subdivision or combination of Common Units as provided in Section 3.8(f) above, for no consideration or for an Effective Price (as defined below) less than
any then-effective Conversion Price, then and in each such case such then-existing Conversion Price shall be reduced, as of the closing of business on the date of such issue or sale, to a price determined by multiplying such Conversion Price by a
fraction: (i) the numerator of which shall be the sum of the number of Junior Units deemed outstanding (as defined below) immediately prior to such issue or sale, plus the number of Junior Units which the aggregate consideration

  
 24 

 
received (as determined in accordance with Section 3.8(j)(ii) below) by the Company for the total number of Additional Junior Units so issued would purchase at such
Conversion Price; and (ii) the denominator of which shall be the sum of the number of Junior Units deemed outstanding immediately prior to such issue or sale, plus the total number of Additional Junior Units so issued. For the purposes of the
preceding sentence, the “number of Junior Units deemed outstanding” as of a given date shall be the sum of the number of Junior Units actually outstanding, plus the number of Junior Units then issuable upon full exercise and/or
conversion of all then-outstanding Options and Convertible Securities (as defined as follows and below, respectively). “Options” shall mean rights, options or warrants to subscribe for, purchase or otherwise acquire Junior Units or
Convertible Securities. No adjustment shall be made to any Conversion Price in an amount less than one cent ($0.01) per Unit; provided, however, that any adjustment otherwise required by this
Section 3.8(j) that is not required to be made due to the preceding limitation shall be included in any subsequent adjustment to such Conversion Price. 

(ii) For the purpose of making any adjustment required under this Section 3.8(j), the consideration
received by the Company for any issue or sale of securities shall: (A) to the extent it consists of cash, be computed at the net amount of cash received by the Company after deduction of any underwriting or similar commissions, compensation or
concessions paid or allowed by the Company in connection with such issue or sale but without deduction of any expenses payable by the Company; and (B) to the extent it consists of property other than cash, be computed at the fair value of that
property as determined in good faith by the Board. In the event that Additional Junior Units, Convertible Securities or Options to purchase either Additional Junior Units or Convertible Securities are issued or sold together with other Units or
securities or other assets of the Company for a consideration which covers both, the consideration received by the Company for any issue or sale of securities shall be computed as the portion of the consideration so received that may be reasonably
determined in good faith by the Board to be allocable to such Additional Junior Units, Convertible Securities or Options. 

(iii) For the purpose of the adjustment required under this Section 3.8(j), if the Company issues or
sells: (A) Units or other securities convertible into Additional Junior Units (such convertible Units or securities being herein referred to as “Convertible Securities”); or (B) Options for the purchase of Additional
Junior Units or Convertible Securities, and if the Effective Price of such Additional Junior Units is less than any then-effective Conversion Price, in each case, the Company shall be deemed to have issued at the time of the issuance of such Options
or Convertible Securities the maximum number of Additional Junior Units issuable upon exercise or conversion thereof and to have received as consideration for the issuance of such Units an amount equal to the total amount of the consideration, if
any, received by the Company for the issuance of such Options or Convertible Securities, plus, in the case of such Options, the minimum amounts of consideration, if any, payable to the Company upon the exercise of such Options, plus, in the case of
Convertible Securities, the minimum amounts of consideration, if any, payable to the Company (other than by cancellation of liabilities or obligations evidenced by such Convertible Securities) upon the conversion thereof; provided,
however, that if in the case of Convertible Securities the minimum amounts of such consideration cannot be ascertained but are a function of anti-dilution or similar protective clauses, the Company shall be deemed to have received the
minimum amounts of consideration without reference to such clauses; and provided further that: (A) if the minimum amount of consideration payable to the Company upon the exercise or conversion of Options or
Convertible Securities is reduced over time or on the occurrence 

  
 25 

 
or non-occurrence of specified events other than by reason of anti-dilution adjustments, the Effective Price shall be recalculated using the figure to
which such minimum amount of consideration is reduced; and (B) if the minimum amount of consideration payable to the Company upon the exercise or conversion of such Options or Convertible Securities is subsequently increased, the Effective
Price shall be again recalculated using the increased minimum amount of consideration payable to the Company upon the exercise or conversion of such Options or Convertible Securities. No further adjustment of the applicable Conversion Price, as
adjusted upon the issuance of such Options or Convertible Securities, shall be made as a result of the actual issuance of Additional Junior Units on the exercise of any such Options or the conversion of any such Convertible Securities. If any such
Options or the conversion privilege represented by any such Convertible Securities shall expire without having been exercised, the applicable Conversion Price as adjusted upon the issuance of such Options or Convertible Securities shall be
readjusted to the Conversion Price that would have been in effect had an adjustment been made on the basis that the only Additional Junior Units so issued were the Additional Junior Units, if any, actually issued or sold on the exercise of such
Options or rights of conversion of such Convertible Securities, and such Additional Junior Units, if any, were issued or sold for the consideration actually received by the Company upon such exercise, plus the consideration, if any, actually
received by the Company for the granting of all such Options, whether or not exercised, plus the consideration received for issuing or selling the Convertible Securities actually converted, plus the consideration, if any, actually received by the
Company (other than by cancellation of liabilities or obligations evidenced by such Convertible Securities) on the conversion of such Convertible Securities; provided, however, that such readjustment shall not apply to prior
conversions of Preferred Units. 
 (iv) “Additional Junior Units” shall mean all Junior Units issued by the
Company or deemed to be issued pursuant to this Section 3.8, other than: (A) any Common Units issued upon any conversion of Preferred Units; (B) any Common Units issued as a dividend or distribution on Preferred
Units; (C) Junior Units, Options or other equity purchase rights issued to employees, officers or directors of, or consultants or advisors, to the Company pursuant to this Agreement and/or the Equity Incentive Plan or as otherwise approved by
the Board; (D) any Junior Units issued pursuant to any options, warrants or Convertible Securities outstanding as of the Class D Original Issue Date; (E) any Junior Units issued pursuant to the
Class C-3 Convertible Note; (F) any Junior Units issued, for primarily other than fund-raising purposes, pursuant to any equipment leasing or loan arrangement, credit financing or debt financing from
a bank or similar financial or lending institution approved by the Board; (G) any Junior Units issued, for primarily other than fund-raising purposes, in connection with strategic transactions involving the Company and other entities, including
joint ventures, manufacturing, marketing or distribution arrangements or technology license, transfer or development arrangements approved by the Board; (H) Common Units or Common Stock issued in connection with an Initial Public Offering;
(I) Junior Units and/or options, warrants or other Junior Units purchase rights, and the Junior Units issued pursuant to such options, warrants or other rights issued for consideration other than cash pursuant to a merger, consolidation,
acquisition or similar business combination approved by the Board; and (J) to the extent not covered by Section 3.8(g) above, Junior Units issued in connection with a stock split or other subdivision of, or as a
dividend or other distribution with respect to, the Units or other equity interests (the securities described in the foregoing clauses (A)-(J) are referred to collectively as “Excluded Securities”). The “Effective
Price” of Additional Junior Units shall mean the quotient determined by dividing the total number of Additional Junior Units issued or sold, or deemed to have been issued or sold by the Company under this
Section 3.8, into the aggregate consideration received, or deemed to have been received by the Company for such issue under this Section 3.8, for such Additional Junior Units. 

  
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 (k) Certificate of Adjustment. In each case of an adjustment or readjustment
of the Conversion Price pursuant to this Section 3.8, the Company, at its expense, shall compute such adjustment or readjustment in accordance with the provisions hereof and prepare a certificate showing such adjustment or
readjustment and shall mail such certificate, by first-class mail, postage prepaid, to each registered Preferred Unit Holder at such holder’s address as shown in the Company’s books. The certificate shall set forth such adjustment or
readjustment, showing in detail the facts upon which such adjustment or readjustment is based. 
 (l) Notices of Record Date. Upon:
(i) any taking by the Company of a record of the holders of any class of securities for the purpose of determining the holders thereof who are entitled to receive any dividend or other distribution; or (ii) any Sale of the Company or other
capital reorganization of the Company, any reclassification or recapitalization of the securities of the Company, any merger or consolidation of the Company with or into any other corporation, or any voluntary or involuntary dissolution, liquidation
or winding up of the Company (including, without limitation, a Liquidation Transaction), the Company shall mail to each Preferred Unit Holder at least twenty (20) days prior to the record date specified therein (or such shorter period approved
by the Preferred Majority Interest) a notice specifying: (A) the date on which any such record is to be taken for the purpose of such dividend or distribution and a description of such dividend or distribution; (B) the date on which any
such Sale of the Company, reorganization, reclassification, transfer, consolidation, merger, dissolution, liquidation or winding up (including, without limitation, a Liquidation Transaction) is expected to become effective; and (C) the date, if
any, that is to be fixed as to when the holders of record of Junior Units (or other securities) shall be entitled to exchange their Junior Units (or other securities) for securities or other property deliverable upon such Sale of the Company,
reorganization, reclassification, transfer, consolidation, merger, dissolution, liquidation or winding up (including, without limitation, a Liquidation Transaction). 

(m) Notices. Any notice required by the provisions of this Section 3.8 shall be in writing and shall be
deemed effectively given: (i) upon personal delivery to the party to be notified; (ii) when sent by confirmed electronic mail or facsimile if sent during normal business hours of the recipient; if not, then on the next business day;
(iii) five (5) days after having been sent by registered or certified mail, return receipt requested, postage prepaid; or (iv) one (1) day after deposit with a nationally recognized overnight courier, specifying next day delivery, with
verification of receipt. All notices shall be addressed to each holder of record at the address of such holder appearing on the books of the Company. 

(n) No Dilution or Impairment. The Company shall not take any action (including, without limitation, by amendment of this Agreement or
through any reorganization, recapitalization, transfer of assets, consolidation, merger, dissolution, issue or sale of securities or any other voluntary action) for the purpose of avoiding or seeking to avoid the observance or performance of any of
the terms to be observed or performed hereunder by the Company, but shall at all times in good faith assist in carrying out all such actions as may be reasonably necessary or appropriate in order to protect the conversion and other rights of the
Preferred Unit Holders set forth in this Agreement against dilution or other impairment. 

  
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 3.9 Sale of Blocker Equities. Without limiting any other provision of this Agreement,
it is understood and agreed that the following structure for a Sale of the Company (whether pursuant to Section 8.6 or otherwise) shall be utilized by the Company and approved by the Board and each Member if so requested by
the Oak Blocker, the Kinnevik Blocker and/or Town Hall Ventures Blocker: a Sale of the Company in which the purchaser or purchasers acquire(s) separately each of the following: (A) all Units and other equity securities being purchased in such
Sale of the Company other than Units and other equity securities held directly or indirectly by such Blocker; and (B) all outstanding Blocker Equities of such Blocker (valued in the aggregate the same as the Units and other equity securities
held directly or indirectly by the applicable Blocker that are being purchased in such Sale of the Company). Any cash balance (net of accrued liabilities) held by a Blocker at the time of the Sale of the Company shall be distributed by such Blocker
to the owner of the Blocker Equities of such Blocker immediately prior the effectiveness of such Sale of the Company. The Members acknowledge and agree that the purpose of the foregoing provision is to permit the owners of Oak Blocker, Kinnevik
Blocker and Town Hall Ventures Blocker to participate in a Sale of the Company in a tax efficient manner notwithstanding that their investment in the Company has been made indirectly through blocker corporations for tax purposes, and that such
provision shall be interpreted and implemented in such a manner so as to effectuate such purpose as reasonably directed by the Preferred Majority Interest. 

3.10 Amendments to Agreement and Exhibit A. Upon the authorization and/or issuance of Units or Unit Equivalents, or upon a Transfer of
Units, in each case in accordance with this Agreement, the Board shall be authorized to amend this Agreement and Exhibit A attached hereto to reflect the rights and interests of the additional Units or Unit Equivalents authorized and/or
issued and the Capital Contributions associated therewith, the admission of additional Members, and the increase in the Capital Contributions and/or Units of existing Members, in connection with such issuance, in each case without the approval or
consent of any Member or other Person, notwithstanding any other provision of this Agreement (including Section 12.4). 

3.11 Requirement to Sign Agreement. Notwithstanding anything to the contrary contained in this Agreement, no Person shall acquire any
Unit or Unit Equivalent, whether by purchase from a Member, issuance by the Company or otherwise, and whether or not such Unit is subject to forfeiture, vesting or similar restrictions, unless such Person first becomes a signatory to this Agreement
as a Member or holder of a Unit Equivalent, as the case may be, agreeing to be bound by all the terms of this Agreement which were applicable to the transferor to such Person. 

3.12 OFAC and Sanctions. No Person shall be admitted as a Member if such Person or any of its Affiliates is named on any list of
sanctioned persons of, or is the subject of any sanctions administered or enforced by, the United States (including the OFAC, the U.S. Department of State or the Bureau of Industry and Security of the U.S. Department of Commerce), the United Nations
Security Council, the European Union, a member state of the European Union (including Her Majesty’s Treasury of the United Kingdom) or other relevant sanctions authority (each such authority, a “Sanctions Authority”). Each
Member hereby represents and warrants that neither such Person nor any of its Affiliates is named on any list of sanctioned persons of, or is the subject of any sanctions administered or enforced by, any Sanctions Authority. For so long as each
Member holds any Units in the Company, such Member covenants and agrees to notify the Company promptly and, in any event, within two (2) calendar days, if such Person or any of its Affiliates is named on any list of sanctioned persons of, or
becomes the subject of any sanctions administered or enforced by, any Sanctions Authority. 
 3.13 Major Holder Investments. Each
Major Holder shall notify the Company promptly, and in any event within five (5) calendar days, of the closing of any transaction in which such Major Holder or its Affiliates (other than any public shareholder, limited partner or equityholder
in such Major Holder, as applicable) purchases a majority of the equity interests or assets of a business that is competitive to the business of the Company as conducted at the time of such transaction. 

  
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 ARTICLE IV 

ALLOCATIONS AND DISTRIBUTIONS 

4.1 Capital Accounts. The Company shall maintain a capital account for each Member (a “Capital Account”) in accordance
with the provisions of the Code and Regulations. If any interest in the Company is transferred in accordance with the terms of this Agreement, the transferee shall succeed to the Capital Account of the transferor to the extent it relates to the
transferred interest. 
 4.2 Adjustments to Capital Accounts. As of the last day of each Period, the balance in each Member’s
Capital Account shall be adjusted by (a) increasing such balance by (i) such Member’s allocable share of each item of the Company’s income and gain for such Period (allocated in accordance with
Section 4.3), (ii) the Capital Contributions, if any, made by such Member during such Period and (iii) the amount of any Company liabilities that are assumed by such Member or that are secured by any Company property
distributed to such Member during such Period and (b) decreasing such balance by (i) the amount of cash or the fair market value of any property distributed to such Member pursuant to this Agreement during such Period, (ii) such
Member’s allocable share of each item of the Company’s loss and deduction for this Period (allocated in accordance with Section 4.3) and (iii) the amount of any liabilities of such Member that are assumed by
the Company or that are secured by any property contributed by such Member to the Company during such Period. Each Member’s Capital Account shall be further adjusted with respect to any special allocations or adjustments pursuant to this
Agreement. The manner in which Capital Accounts are to be maintained pursuant to this Section 4.2 is intended to comply with the requirements of Section 704(b) of the Code and the Regulations promulgated thereunder. If
in the opinion of the Company’s legal or tax counsel the manner in which Capital Accounts are to be maintained pursuant to the preceding provisions of this Section 4.2 should be modified in order to comply with
Section 704(b) of the Code and the Regulations thereunder, then notwithstanding anything to the contrary contained in the preceding provisions of this Section 4.2, the method in which Capital Accounts are maintained
shall be so modified; provided, however, that any change in the manner of maintaining Capital Accounts shall not materially alter the economic agreement and relative economic benefits between or among the Members. Except as otherwise
required in the Act, no Member shall have any liability to restore all or any portion of a deficit balance in such Member’s Capital Account. 

4.3 Allocations. 
 (a)
After giving effect to the Regulatory Allocations, Profits and Losses (including, if necessary, items thereof) shall be allocated among the Capital Accounts of the Members with respect to each Period, in such a manner that, as of the end of such
Period (after giving effect to any distributions made during such Period), the sum of (x) the Capital Account of each Member, (y) such Member’s share of minimum gain (as determined according to Regulations Section 1.704-2(g)), and (z) such Member’s share of partner nonrecourse debt minimum gain (as defined in Regulation Sections 1.704-2(i)(2)) shall be equal to
the net amount which would be distributed to such Member, determined as if the Company were to liquidate the assets of the Company at their Gross Asset Values and distribute the net proceeds of liquidation pursuant to
Section 4.7, provided, however, that such allocations shall be made as if all Units were fully vested, except as may be provided in the applicable award agreement pursuant to which such Class B Unit has
been issued. 

  
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 (b) The provisions of Regulations Sections
1.704-1(b)(2) and 1.704-2 regarding “partner nonrecourse deductions,” “nonrecourse deductions,” “minimum gain chargeback,” limitations
imposed on the deficit balance in a partner’s capital account and “qualified income offset,” “partnership minimum gain,” and “partner nonrecourse minimum gain”, as such terms are defined in such Regulations (the
“Regulatory Allocations”) are incorporated herein by reference and shall apply to the Members in such Member’s capacity as a “partner” of the Company. 

(c) If, as a result of an exercise of a noncompensatory warrant or option to acquire an interest in the Company, a Capital Account
reallocation is required under Regulations Section 1.704-1(b)(2)(iv)(s)(3), the Company shall make corrective allocations pursuant to Regulations
Section 1.704-1(b)(4)(x). 
 4.4 Tax Allocations. 

(a) The Company shall, except to the extent such item is subject to allocation pursuant to Section 4.4(b) below,
allocate each item of income, gain, loss deduction and credit as determined for federal and other income tax purposes (a “Tax Item”), to the extent permitted under the Code and Regulations, in the same manner as such item was
allocated for Capital Account purposes pursuant to Section 4.3. 
 (b) In accordance with Code Section 704(c)
and the Regulations thereunder, the Tax Items with respect to any property contributed to the capital of the Company or any other property whose value is reflected on the books of the Company used to calculate the balances in the Capital Accounts at
a value that differs from the adjusted tax basis of such property shall, solely for tax purposes, be allocated among the Members so as to take account of any variation between the adjusted basis of such property to the Company for federal income tax
purposes and the value of such property as reflected on the books of the Company used to calculate the balances in the Capital Accounts under any method set forth in Regulation Section 1.704-3, as
determined by the Board. Notwithstanding the above, the Company shall use the “traditional method” (and shall not use the “traditional method with curative allocations” as described in
Section 1.704-3(c) of the Regulations or the “remedial method” as described in Section 1.704-3(d) of the Regulations, except with Special Board
Approval) with respect to any “reverse Section 704(c)” allocations required to be made to the Members in connection with the issuance of the Class A Preferred Units by the Company on or before the Effective Date, the issuance of
the Class B Preferred Units by the Company on or before the Effective Date, the issuance of the Class C-1 Preferred Units on or before the Effective Date, the issuance of Class C-2 Preferred Units on or before the Effective Date, the issuance of Class C-3 Preferred Units as of the Class C-3
Original Issue Date or the issuance of Class D Preferred Units. Allocations pursuant to this Section 4.4(b) shall not affect, or in any way be taken into account in computing, any Member’s Capital Account. 

(c) If during any taxable year of the Company, there is any change in any Member’s interest in the Company (including, without
limitation, any change in a Member’s ownership of Units in a conversion, sale, assignment or other transfer), then each Member’s distributive share of any item of Company income, gain, loss, deduction or credit for such year shall be
determined in accordance with Section 706 of the Code and the Regulations thereunder using any reasonable method selected by the Board. 

  
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 4.5 Tax Distributions. In order to permit Members (and in the case of any Member that
is a partnership, S corporation or other flow-through entity for federal tax purposes, the beneficial owners of such Member) to pay federal, state and local income taxes on taxable income of the Company allocated to the Members with respect to a
taxable year (including taxable income allocated to a Member pursuant to Section 704(c) and Regulations Section 1.704-1(b)(4)(x)), the Company shall, to the extent of Available Cash, make quarterly
distributions to each Member in an amount equal to the product of (i) the excess of (x) the taxable income of the Company allocated (or in the Board’s good faith determination, estimated to be allocated) to such Member for such
taxable year, over (y) the cumulative net taxable losses of the Company, if any, theretofore allocated to such Member from the Effective Date through the end of such taxable year and not previously applied for purposes of this
Section 4.5, and (ii) the Assumed Tax Rate. For the avoidance of any doubt, any basis adjustments pursuant to Section 743(b) with respect to assets allocable to a Member shall be taken into account for purposes of
determining the Tax Distributions. Notwithstanding anything to the contrary in this Agreement, no distribution under this Section 4.5 shall be made with respect to any payment pursuant to a Redemption and any payment to a
Member that is treated as a “guaranteed payment” under Section 707(c) of the Code and Walgreens and its Affiliates (other than, for the avoidance of doubt, any Blocker) shall be treated collectively as a single Member for purposes of
determining Tax Distributions under this Section 4.5. All distributions made pursuant to this Section 4.5 shall be referred to as “Tax Distributions.” The “Assumed Tax Rate” shall be
(A) forty-five percent (45%) (or, as determined by the Board, the maximum combined U.S. Federal, New York state and New York City tax rate applicable to individuals) with respect to any Member other than a Member that is either (1) a
corporation for U.S. federal income tax purposes or (2) a pass-through entity for U.S. federal income tax purposes all of whose equity owners are corporations for U.S. federal income tax purposes, and
(B) thirty-seven percent (37%) (or, as determined by the Board, the maximum combined U.S. Federal, New York state and New York City tax rate applicable to corporations) with respect to any Member
that is a corporation for U.S. federal income tax purposes or a pass-through entity for U.S. federal income tax purposes all of whose equity owners are corporations for U.S. federal income tax purposes. Tax Distributions made to a Member pursuant to
this Section 4.5 (which with respect to any transferee Member shall include, for purposes of this Section 4.5, Tax Distributions made to its transferor Member with respect to the transferred
interest) shall be treated as advances against, and shall reduce the amounts otherwise distributable to such Member pursuant to Section 4.6 and Sections 4.7(b) and 4.7(c), but shall not be treated as advances
against distributions due to such Member pursuant to Section 4.7(a). Amounts distributed to any Member pursuant to Section 4.6 during such taxable year (but, excluding, for the avoidance of doubt,
any amounts distributed to any Member as a result of the Redemption of any Units held by such Member and any amounts treated as a Tax Distribution for a previous taxable year) shall reduce Tax Distributions for such taxable year due to such Member
pursuant to this Section 4.5. For the avoidance of doubt, no Tax Distributions will be made in connection with a Liquidation Transaction. If the Company shall have insufficient Available Cash to distribute required Tax
Distributions, then the Company shall make such distributions pro rata in proportion to the amount of Tax Distribution each such Member is otherwise entitled to receive hereunder. Available Cash which thereafter becomes available for distribution
shall be distributed pro rata in accordance with the Tax Distributions to which the Members are entitled until such deficiency is remedied. To the extent that amounts distributed to a Member pursuant to this Section 4.5
with respect to a taxable year exceed the amount that such Member would be entitled to receive pursuant to this Section 4.5 with respect to such taxable year based on the taxable income or loss of the Company as finally
determined for such taxable year, subsequent distributions (including subsequent distributions pursuant to this Section 4.5) shall be adjusted so as to reverse, as quickly as possible, the effects of such excess
distribution. 

  
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 4.6 Distributions Other Than in Connection with a Liquidation
Transaction. Except for distributions made in accordance with Section 4.7 or with respect to the Redemption, all distributions of cash or property (other than Tax Distributions) shall be made to the holders of Units
(other than holders of Class B Units) in proportion to such holders’ respective Percentage Interest. For the avoidance of doubt, this Section 4.6 shall not encourage or require any payment of distributions by the
Company for at least three (3) years from September 30, 2019. Notwithstanding any provision to the contrary in this Section 4.6, with respect to each Common Profits Unit, such Common Profits Unit shall be entitled
to share in distributions under this Section 4.6 only after there has been distributed under Section 4.6, in distributions made after the issuance of the applicable Common Profits Unit, with
respect to all other Units (including any Common Profits Units with a lower Distribution Threshold), an amount equal to the Distribution Threshold with respect to such Common Profits Unit. 

4.7 Distributions in Connection with a Liquidation Transaction. Upon a Liquidation Transaction, the Company shall first promptly pay,
or make provision for the payment of, all of the liabilities of the Company, including the establishment of such reserves as the Company (by action of the Board) shall determine in good faith to be required in order to provide for contingent
liabilities and shall then distribute all remaining assets to the Members as follows: 
 (a) First, to the holders of Preferred Units,
pro rata in proportion to the Unreturned Capital Contributions associated with such Preferred Units, until each such holder has received aggregate distributions pursuant to, or in accordance with, this Section 4.7(a) in an
amount equal to the total amount of the Unreturned Capital Contributions associated with such holders’ Preferred Units; 
 (b)
Second, to the holders of the Junior Units, pro rata in proportion to the Catch-Up Payments associated with such Units, until each such holder has received pursuant to this
Section 4.7(b) an aggregate amount per Unit equal to the Catch-Up Payment applicable thereto; and 

(c) Third, to the holders of Units in proportion to such holders’ respective Percentage Interests. 

Notwithstanding any provision to the contrary in this Section 4.7, (i) with respect to each Class B Unit that
is a Profits Interest or Common Profits Unit, such Class B Unit or Common Profits Unit shall be entitled to share in distributions under this Section 4.7 only after there has been distributed under
Section 4.6 and Section 4.7, in distributions made after the issuance of the applicable Class B Unit or Common Profits Unit, with respect to all other Units (including any Class B Units
or Common Profits Units with a lower Distribution Threshold), an amount equal to the Distribution Threshold with respect to such Class B Unit or Common Profits Unit and (ii) the portion of any distribution under this Agreement (other than
a Tax Distribution) that would otherwise be made in respect of any unvested Class B Unit or Common Profits Unit if such Class B Unit or Common Profits Unit were vested under the agreement pursuant to which such Class B Unit or Common
Profits Unit was issued (the “Unvested Units”) shall not be distributed in respect of such Unvested Unit and shall instead be distributed solely with respect to Preferred Units, Common Units and vested Class B Units or Common
Profits Units (to the extent such vested Class B Units or Common Profits Units are eligible to receive distributions pursuant to this Section 4.7) pursuant to this Section 4.7, applied as
though no Unvested Units were outstanding. 
 It is hereby acknowledged and agreed that upon consummation of the Redemption, without any
action of the Unit Holders, the Company shall automatically cancel all Units acquired by the Company pursuant to the Redemption and for the avoidance of doubt, following the Redemption (A) such Units shall cease to be outstanding for all
purposes under this Agreement, (B) such Units shall not be entitled to any distributions pursuant to Section 4.7 of this Agreement or otherwise and (C) the Unreturned Capital Contributions of any Preferred Units acquired in the Redemption
shall be deemed to be zero. 

  
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 4.8 Withholding Against Distributions. The Company shall, and shall cause each of its
Subsidiaries to, withhold from any distribution or payment to a Member or to any other Person, or shall remit on behalf of any Member in respect of any allocation to such Member, the amount of any U.S. Federal, state, local or foreign tax required
by the taxing jurisdiction imposing the same to be withheld from any such distribution or payment or to be remitted with respect to such allocation, and any amount so withheld and paid over or remitted to such taxing jurisdiction shall be treated,
for all purposes under this Agreement, as if it had been distributed or paid to such Member or Person as a Tax Distribution. If the Company is required to make any payment on behalf of a Member in its capacity as such, including in respect of
withholding taxes, personal property taxes, and unincorporated business taxes, etc. and including any “imputed underpayment” (within the meaning of Section 6225 of the Code), or a portion thereof, that is attributable to any Member
(including any tax, penalty, interest or expense related thereto), then, to the extent that such amounts are not withheld from amounts otherwise payable to such Member pursuant to the preceding sentence, such Member (the “Indemnifying
Member”) will indemnify the Company in full for the entire amount paid, including interest, penalties and expenses associated with such payment; provided that such indemnification obligation shall not apply with respect to penalties
or expenses to the extent caused by the gross negligence or willful misconduct of the Company. At the option of the Board, either: (i) promptly upon notification of an obligation to indemnify the Company pursuant to the preceding sentence, the
Indemnifying Member will make a cash payment to the Company in an amount equal to the full amount to be indemnified (which payment shall not be treated as a Capital Contribution); or (ii) the Company will reduce distributions which would
otherwise be made to the Indemnifying Member until the Company has recovered the amount to be indemnified (and the amount of such reduction will be deemed to have been distributed to the Indemnifying Member for all purposes). A Member’s
obligation to indemnify and make payments to the Company under this Section 4.8 will survive the termination, dissolution, liquidation and winding up of the Company and the transfer, assignment or liquidation of a
Member’s interest in the Company, and for purposes of this Section 4.8, the Company will be treated as continuing in existence. The Company may pursue and enforce all rights and remedies it may have against each Member
under this Section 4.8, including instituting a lawsuit to collect such contribution with interest calculated at a rate equal to the Company’s and its Subsidiaries’ effective cost of borrowed funds. 

ARTICLE V 
 BOARD OF
DIRECTORS 
 5.1 Board of Directors. 

(a) In General. Except (i) for circumstances in which the delegation of such authority is not permitted as a matter of law or
(ii) as otherwise provided herein, the powers of the Company shall be exercised by or under the authority of, and the business and affairs of the Company shall be managed exclusively under the direction and control of, a board of managers (the
“Board”), which shall consist of a number of individuals (each a “Director”) as determined in accordance with Section 5.1(c), none of whom needs to be a Member or a resident of the State of
Delaware. 
 (b) Number of Directors. The Board shall consist of a number of Directors not to exceed nine (9). 

  
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 (c) Board Composition. Each Member agrees to vote all of his, her or its Units and
shall take all other necessary or desirable actions within his, her or its control (whether in his, her or its capacity as a Member, Director, or officer of the Company or otherwise, and including attendance at meetings in person or by proxy for
purposes of obtaining a quorum and execution of written consents in lieu of meetings), and the Company shall take all necessary or desirable actions within its control (including calling special Board meetings and meetings of the Members), so that,
from and after the Effective Date, (1) the authorized number of Directors shall be established and, subject to the adjustments in Section 5.1(c)(ii), maintained at nine (9) Directors and (2) the following
persons shall be appointed to the Board: 
 (i) four (4) Directors (each, a
“Non-Walgreens Director” and, collectively, the “Non-Walgreens Directors”) appointed by the Founders holding a majority of the Unit
Equivalents held by all Founders (the “Appointing Founders”), who initially shall be Tim Barry, Ann H. Lamont, Steve Shulman and Chris Bischoff; provided that: (i) prior to the Qualified IPO, at least one (1) of the
Non-Walgreens Directors shall be independent under applicable SEC and Nasdaq rules (or any other exchange or marketplace upon which the common equity of the Company or the VMD Corporation, as applicable, are
then traded) and the Appointing Founders shall consult with Walgreens regarding the identity of such Non-Walgreens Director (and such Non-Walgreens Director shall
initially be Steve Shulman, who shall be the Company’s initial Lead Independent Director); (ii) prior to the Qualified IPO, the Founders shall delegate their authority hereunder such that one of the
Non-Walgreens Directors shall be a designee of Kinnevik (who shall initially be Chris Bischoff) and, after the Qualified IPO, such designee shall no longer be a designee of Kinnevik and at least two
(2) of the Non-Walgreens Directors shall be independent under applicable SEC and Nasdaq rules (or any other exchange or marketplace upon which the common equity of the Company or the VMD Corporation, as
applicable, are then traded) and the Appointing Founders shall consult with Walgreens regarding the identity of such Non-Walgreens Directors; (iii) at any time that the Founders own, in the aggregate at
least 50% but less than 75% of the Unit Equivalents owned by the Founders in the aggregate as of one hundred eighty (180) days from the date hereof, the number of Non-Walgreens Directors appointed by the
Appointing Founders shall be reduced to three (3) Directors (one (1) of whom shall be independent under applicable SEC and Nasdaq rules (or any other exchange or marketplace upon which the common equity of the Company or the VMD
Corporation, as applicable, are then traded)); (iv) at any time that the Founders own, in the aggregate, at least 25% but less than 50% of the Unit Equivalents owned by the Founders in the aggregate as of one hundred eighty (180) days from the
date hereof, the number of Non-Walgreens Directors appointed by the Appointing Founders shall be reduced to two (2) Directors; (v) at any time that the Founders own, in the aggregate, at least 10% but
less than 25% of the Unit Equivalents owned by the Founders in the aggregate as of one hundred eighty (180) days from the date hereof, the number of Non-Walgreens Directors appointed by the Appointing
Founders shall be reduced to one (1) Director; (vi) at any time that the Founders own, in the aggregate, less than 10% of the Unit Equivalents owned by the Founders in the aggregate as of one hundred eighty (180) days from the date hereof,
the Appointing Founders shall cease to have a right to appoint any Directors; and (vii) upon the Founders no longer being entitled to appoint any number of Directors as set forth in this
Section 5.1(c)(i), the Non-Walgreens Members holding a majority of the outstanding Voting Unit Equivalents shall be entitled to appoint such Directors to the Board under
the same independence and consultation requirements set forth in clauses (i) and (ii) above until a Qualified IPO, after which such Directors shall be nominated and elected by the Board and Members or the board of directors and stockholders of
VMD Corporation, as applicable; and 

  
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 (ii) five (5) Directors appointed by Walgreens (each, a
“Walgreens Director” and, collectively, the “Walgreens Directors”), who initially shall be Rosalind Brewer and four (4) other individuals selected by Walgreens who shall be subject to the approval of the
Nominating and Corporate Governance Committee; provided that: (i) the then-current Chief Executive Officer of Walgreens Parent shall be one of the Walgreens Directors, initially Rosalind Brewer; (ii) at least three (3) such
Walgreens Directors must be independent under applicable SEC and Nasdaq rules (or any other exchange or marketplace upon which the common equity of the Company or the VMD Corporation, as applicable, are then traded) (the “Independent
Walgreens Directors”); (iii) Walgreens shall consult with the then current Chairman regarding the identity of the Independent Walgreens Directors; (iv) at any time that Walgreens and/or its Affiliates directly or indirectly own at
least 40% of the aggregate voting power of the Company or the VMD Corporation (including through securities held by any Blocker based on the ownership of applicable Blocker Equities owned by Walgreens), as applicable, but less than 50% of the
aggregate voting power of the Company or the VMD Corporation, as applicable, the number of Walgreens Directors that Walgreens shall be entitled to appoint shall be reduced to four (4) Directors (two (2) of whom must be Independent
Walgreens Directors); (v) at any time after a Specified Walgreens Change in Control or any time that Walgreens and/or its Affiliates directly or indirectly holds at least 30% of the aggregate voting power of the Company or the VMD Corporation
(including through securities held by any Blocker based on the ownership of applicable Blocker Equities owned by Walgreens), as applicable, but less than 40% of the aggregate voting power of the Company or the VMD Corporation, as applicable, the
number of Walgreens Directors that Walgreens shall be entitled to appoint shall be reduced to three (3) Directors (one (1) of whom must be an Independent Walgreens Director); (vi) at any time that Walgreens and/or its Affiliates directly
or indirectly holds at least 10% of the aggregate voting power of the Company or the VMD Corporation (including through securities held by any Blocker based on the ownership of applicable Blocker Equities owned by Walgreens), as applicable, but less
than 30% of the of the aggregate voting power of the Company or the VMD Corporation, as applicable, the number of Walgreens Directors that Walgreens shall be entitled to appoint shall be reduced to one (1) Director; (vii) at any time that
Walgreens and/or its Affiliates directly or indirectly holds less than 10% of the of the aggregate voting power of the Company or the VMD Corporation (including through securities held by any Blocker based on the ownership of applicable Blocker
Equities owned by Walgreens), as applicable, Walgreens shall cease to have a right to appoint any Directors; and (viii) upon an Event of Default (as defined in the Walgreens Note) under Section 5(a) of the Note, the number of Walgreens
Directors that Walgreens shall be entitled to appoint shall be reduced to one (1) Director. Upon Walgreens no longer being entitled to appoint any number of Directors as set forth in this Section 5.1(c)(ii), the
authorized number of Directors and the size of the Board shall be reduced by the number of Directors that Walgreens is no longer entitled to appoint. 

Following a Qualified IPO, the authorized number of members of the board of managers or directors of the Company or the VMD Corporation, as
applicable, shall be established and, subject to the adjustments in Section 5.1(c)(ii), maintained at nine (9) Directors and the managers or directors of the Company or the VMD Corporation, as applicable, shall be
nominated on the same terms and conditions as the appointment rights set forth in this Section 5.1(c), subject to the approval of the Nominating and Corporate Governance Committee. Following a Qualified IPO, the board of
managers or directors of the Company or the VMD Corporation, as applicable, shall recommend such nominees, the Company or the VMD Corporation, as applicable, shall solicit proxies for such nominees and Walgreens and the Founders shall vote or
provide consent for the election of such nominees. 

  
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 (d) Term of Office. The Directors shall serve until their resignation, death or
removal (with or without cause) in accordance with Section 5.1(f) below. 
 (e) Vacancies. Any vacancy on
the Board resulting from the resignation, death or removal of a Director shall be filled as follows: (i) in the event that any Non-Walgreens Director for any reason ceases to serve as a Director on the
Board or the board of directors of any Subsidiaries during his or her term of office, then the resulting vacancy on the Board shall be filled in accordance with the appointment rights set forth in
Section 5.1(c)(i) and (ii) in the event that any Walgreens Director for any reason ceases to serve as a Director on the Board during his or her term of office and Walgreens remains entitled to appoint a
Director to the seat that was vacated under the terms hereof, then the resulting vacancy on the Board shall be filled by Walgreens in accordance with the appointment rights set forth in Section 5.1(c)(ii). 

(f) Removal. Any Director may be removed from the Board in the manner allowed by law and the Company’s or such Subsidiary’s
Organizational Documents; provided, however, that, notwithstanding the foregoing, any Director may be removed by the Members, as appropriate, to give effect to the provisions of Section 5.1(c);
provided, further, that notwithstanding the foregoing, any Director may be removed by the Members in connection with changes to the Board composition upon the occurrence of the events specified in
Section 5.1(c), provided that (i) with respect to a Non-Walgreens Director, the identity of any such Director being so removed shall be in accordance with any written request of
the Appointing Founders, and (ii) with respect to a Walgreens Director, the identity of any such Director being so removed shall be in accordance with any written request of Walgreens. Subject to the foregoing, no Member shall have the ability
to remove a Director to the extent that such Director was not appointed by such Member or any Affiliate thereof. Notwithstanding the foregoing, any Director may be removed for Cause by the Board, subject to Section 5.1(q).

 (g) Resignation. A Director may resign as such by delivering his or her written resignation to the Company at the Company’s
principal office addressed to the Board. Such resignation shall be effective upon receipt unless it is specified to be effective at some other time or upon the happening of some other event. 

(h) Voting of Directors. Each Director shall be entitled to one vote on each matter submitted to the vote of the Board or in a written
consent to take action without a meeting of the Board. 
 (i) Quorum and Required Vote. At any meeting of the Board called in
accordance with the provisions of Sections 5.1(l), (m) and (n) below, the presence in person or by proxy (if permitted by applicable law) of Directors possessing at least a majority of the votes in the aggregate (including
at least 50% of the Walgreens Directors and 50% of the Non-Walgreens Directors, one of which must be the Chairman so long as the Chairman is a Non-Walgreens Director),
provided, however if there are only two Walgreens Directors or Non-Walgreens Directors, as applicable, then both such Walgreens Directors or Non-Walgreens
Directors, as applicable) shall constitute a quorum for the transaction of business; provided that, if a duly noticed and called meeting of the Board which has been called for a particular purpose stated in said notice or to consider a
particular matter stated in said notice does not occur because of the failure to have present (in person or by proxy) at least 50% 

  
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of the Walgreens Directors and 50% of the Non-Walgreens Directors (or both Walgreens Directors or Non-Walgreens
Directors, as applicable, if there are only two Walgreens Directors or Non-Walgreens Directors, as applicable), a second meeting duly noticed and called for the same purpose or to consider the same matter may
proceed notwithstanding the absence of such Walgreens Director(s) or Non-Walgreens Director(s), as applicable. Except as otherwise required by law or provided in this Agreement, at any meeting of the Board at
which a quorum is present, Directors possessing a majority of the votes in the aggregate present at the meeting in person or by proxy (if permitted by applicable law), excluding from the votes present for such purposes any abstentions or recusals,
may take action on behalf of the Board. 
 (j) Action by Written Consent. Except as otherwise provided by law, any action required or
permitted to be taken at any meeting of the Board may be taken without a meeting and without a vote if a unanimous written consent thereto setting forth the action to be taken is signed or electronically transmitted by all of the Directors and such
writings or electronic transmissions are filed with the records of the meetings of the Board. Any such consent shall have the same force and effect as if action had been taken by means of a vote of the Board at a meeting thereof. 

(k) Compensation. Except as otherwise decided by the Board, with Special Board Approval with respect to
non-management Directors, the Directors shall serve without compensation from the Company. The Directors shall be entitled to reimbursements of any reasonable and documented out-of-pocket costs, including travel expenses, incurred in connection with their activities as members of the Board. 

(l) Place of Board Meetings. Meetings of the Board shall be held at the principal place of business of the Company or at any other
place in the United States as shall be specified or fixed in the notices or waivers of notice thereof; provided that a Director may participate in a meeting of the Board by means of telephone or similar communications equipment, so long as
all of the Directors participating in the meeting can hear and speak to each other at the same time. Such participation shall constitute presence in person at the meeting. 

(m) Calling of Board Meetings. Regular meetings of the Board shall take place not less often than quarterly at such place, date and
time as the Chairman shall determine. Special meetings of the Board may be called by the Chairman or at the direction of any other Director at such place, date and time as the Chairman or such other Director shall determine. 

(n) Notice of Board Meetings. Except as otherwise required by law or provided in this Agreement, written notice of any meeting of the
Board stating the place, date and time of the meeting and, in the case of a special meeting, the purpose thereof shall be given to each Director not less than twenty-four (24) hours, nor more than thirty (30) days before the meeting date.
Notice of any meeting of the Board may be given in person or by telephone, or sent by overnight courier, electronic transmission or facsimile to each Director’s primary business or home. 

(o) Waiver of Notice. Any Director, either before or after any Board meeting, may waive in writing notice of the meeting, and such
waiver shall be deemed the equivalent of the Company having given notice. Attendance at a meeting by a Board member shall constitute a waiver of notice, except when the Board member attends a meeting for the express purpose of objecting, at the
beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened. 

  
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 (p) Proxies. To the fullest extent permitted by applicable law, notwithstanding any
duty existing at law, in equity or otherwise, a Board member may authorize another Person or Persons to act for such Board member by proxy authorized by an instrument in writing or by an electronic transmission permitted by law and filed in
accordance with the procedure established for such meeting or action. 
 (q) Chairman. The Board shall elect a chairman (the
“Chairman”), provided that the initial Chairman shall be Tim Barry. Mr. Barry shall serve as Chairman until such time as his death, resignation or removal as a Director, or resignation or removal as Chairman by the Board, with
any such removal as Director or Chairman requiring Special Board Approval (but only clause (b) of the first sentence or clause (ii) of the second sentence of the definition thereof, as applicable) or, upon a finding of Cause by a court of
competent jurisdiction (for the avoidance of doubt, any claim of which may be brought by the Company or the Board, without Special Board Approval, or any Member), of a majority of the Directors, at which time the Board, with Special Board Approval,
shall elect a replacement Chairman. The Chairman shall preside at all meetings of the Board. If the Chairman shall be absent, a temporary chairman chosen by the Board members present at such meeting shall preside. 

(r) Committees. The Board may, from time to time, designate one (1) or more committees (each, a “Committee”),
each of which shall, unless otherwise provided in this Agreement and subject to applicable exchange rules and law, be comprised of at least three (3) Directors (including at least one
(1) Non-Walgreens Director and one (1) Independent Walgreens Director). Any such Committee, to the extent provided in the enabling resolution and until dissolved by the Board, shall have and may
exercise any or all of the authority of the Board. At every meeting of any such Committee, the presence of a majority of all the representatives thereof shall constitute a quorum, and the affirmative vote of a majority of the representatives present
shall be necessary for the adoption of any resolution. Unless otherwise provided in this Agreement, the Board may dissolve any Committee at any time.  

(i) Compensation Committee. The Board shall form a compensation committee (the “Compensation
Committee”) that shall oversee the discharge of the responsibilities of the Board relating to compensation of the Officers and Directors. The Compensation Committee shall be comprised of two (2) Independent Walgreens Directors and one (1) Non-Walgreens Director that is independent under applicable SEC and Nasdaq rules (or any other exchange or marketplace upon which the common equity of the Company or the VMD Corporation, as applicable, are
then traded), subject to applicable exchange rules and law. 
 (ii) Nomination and Corporate Governance Committee. The
Board shall form a nomination and corporate governance committee (the “Nominating and Corporate Governance Committee”) that shall oversee the discharge of the responsibilities of the Board relating to nomination of director
candidates, including, without limitation, compliance with Section 5.1, and the corporate governance of the Company. The Nominating and Corporate Governance Committee shall be comprised of four (4) directors,
consisting of two (2) Walgreens Directors and two (2) Non-Walgreens Directors, subject to applicable exchange rules and law. 

(iii) RPT Committee. The Board shall form a related party transactions committee (the “RPT Committee”)
that shall administer the related party transaction policy of the Company with respect to certain transactions (as specified in such policy) and any decisions with respect to disputes between the Company or any of its Affiliates, on the one hand,
and 

  
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Walgreens or any of its Affiliates, on the other hand, which would be subject to approval or consent of the RPT Committee. The RPT Committee shall be comprised of three (3) members of the
Board that are Non-Walgreens Directors and are not Tim Barry, subject to applicable exchange rules and law. 

(iv) Audit Committee. The Board shall form an audit committee (the “Audit Committee”) that shall, among
other things, oversee the discharge of the responsibilities of the Board that are customary charged to audit committees of boards of directors and administering the related party transaction policy of the Company with respect to transactions and
matters that are not within the purview of the RPT Committee. The Audit Committee shall be comprised of members of the Board that are independent under applicable SEC and Nasdaq rules (or any other exchange or marketplace upon which the common
equity of the Company or the VMD Corporation, as applicable, are then traded), subject to applicable exchange rules and law. 

(v) IPO Committee. Subject to the terms of this Section 5.1(r)(v), the Board shall irrevocably
form (and, pursuant to the approval of this Agreement by the Board, the Board hereby does irrevocably create) an initial public offering committee (the “IPO Committee”), which Committee shall be and hereby is directed by the
Members, pursuant to the approval of this Agreement by the Board is hereby directed by the Board, to approve an IPO in accordance with the terms set forth on Schedule 5.1(r)(v) and shall be and hereby is charged by the Members, and pursuant
to the approval of this Agreement by the Board is hereby charged by the Board, with the full power and exclusive authority to evaluate, negotiate, establish the terms of and approve an IPO and related transactions and actions; provided,
however, that (i) notwithstanding the foregoing, the IPO Committee is dissolved if an IPO has not been priced in accordance with the terms set forth on Schedule 5.1(r)(v); (ii) notwithstanding the foregoing, any IPO approved by
the IPO Committee may be vetoed prior to the pricing of such IPO by the Board pursuant to a Special Board Approval; (iii) the IPO Committee shall cause the Company to use commercially reasonable efforts to cause the IPO to be in the form of an “Up-C” transaction (or other similar transaction having substantially the same tax treatment); (iv) (A) the IPO Committee shall, no later than forty-five (45) days prior to the reasonably
expected date of effectiveness of a registration statement under the Securities Act in connection with an IPO, present to Walgreens and the Founders a proposal regarding the steps that would be undertaken to effectuate such “Up-C” transaction, including a proposal of all actions that would be required or prudent in order for the steps undertaken to effectuate the “Up-C”
transaction (and any associated restructurings) to fit within one or more of the categories set forth in Treasury Regulations Section 1.7704-1(e) and (B) the specific structuring and terms of such “Up-C” transaction (particularly from a tax perspective) shall be subject to reasonable and good faith discussion and consultation among the IPO Committee, the Founders and Walgreens; and (v) Special
Board Approval shall be required to approve any related transaction or action involving the formation of or conversion of the Company into the VMD Corporation that would not be done in a manner that protects the economic and governance rights of the
Members, except as provided in this Agreement, such that each Member (a) retains the same economic interests in the Company and the VMD Corporation on a combined basis as they held in the Company immediately prior to the formation of or
conversion into the VMD Corporation, (b) continues to have the same relative rights, privileges, preferences, contractual and governance rights and obligations relating to such economic interests as they had relative to their economic interests
in the Company immediately prior to formation of or conversion into the VMD Corporation and (c) has the same voting rights, consent rights and covenant protections that they enjoy with respect to

  
 39 

 
the Company immediately prior to the formation of or conversion into the VMD Corporation; provided, however, that the formation of the VMD Corporation or the conversion into the VMD
Corporation in accordance with Sections 9.1 and 9.2 hereof shall be deemed to satisfy clauses (a), (b) and (c) above. All Members agree that prior to any dissolution of the IPO Committee as set forth in the foregoing the decision
to approve an IPO shall be under the exclusive authority of the IPO Committee and the Company may not consummate any IPO that was not approved by the IPO Committee during its existence, subject to the foregoing and the other terms of this
Section 5.1(r)(v), and that the Company shall use commercially reasonable efforts to pursue, prepare for and, subject to approval by the IPO Committee, price an IPO in accordance with the terms set forth on Schedule
5.1(r)(v) and consummate such IPO. To the extent that any Member does not take any actions when requested by the IPO Committee pursuant to this Section 5.1(r)(v), such Member has breached such Member’s material
obligations under this Agreement, each such Member hereby constitutes and appoints the IPO Committee as such Member’s true and lawful attorney-in-fact and
authorizes such attorney-in-fact to execute on behalf of such Member any and all documents and instruments which such attorney-in-fact deems necessary and appropriate in connection with an IPO. The foregoing power of attorney is irrevocable and is coupled with an interest. The IPO Committee shall be comprised of three
(3) Directors, consisting of one (1) Walgreens Director, one (1) Non-Walgreens Director and the Chairman. 

(vi) Redemption Committee. The Board shall form a redemption committee (the “Redemption Committee”)
that shall be charged with approving and administering the Redemption. The Redemption Committee shall be comprised of the Non-Walgreens Directors, one of which shall be the Chairman. 

(s) Observers. The Board may from time to time provide for one or more Observers to participate in a
non-voting capacity at meetings of the Board or any Committee thereof, as determined by the Board. Notwithstanding the foregoing, any Observer may be excluded from access to only such portion of any Board
meetings or the portion of material relating thereto if the applicable Board reasonably determines, in good faith, that such access would result in a material conflict of interest due to the relationship between the Company or applicable Subsidiary,
as the case may be, and such Observer or, upon advice of counsel to the Board, such exclusion is reasonably necessary to preserve the attorney-client privilege or other legal privilege so long as, in each case, such Observer is notified of such
determination (it being understood and agreed that, subject to the foregoing, the Company or such applicable Subsidiary will take reasonable steps to minimize any such exclusions). Notwithstanding any of the forgoing, at any time that Walgreens
ceases to have a right to designate a Director to the Board pursuant to Section 5.1(c)(ii) above and does not already have a right to a representative serving as an Observer pursuant to any other arrangement with the
Company, the Company shall invite a representative of Walgreens to attend all meetings of the Board or any Committee thereof as an Observer and, in this respect, shall give such representative copies of all notices, minutes, consents, and other
materials that it provides to its Directors at the same time and in the same manner as provided to such Directors; provided, however, that such representative shall agree to hold in confidence and trust and to act in a fiduciary manner
with respect to all information so provided; and provided further, that the Company reserves the right to withhold any information and to exclude such representative from any meeting or portion thereof if access to such
information or attendance at such meeting could adversely affect the attorney-client privilege between the Company and its counsel or result in disclosure of trade secrets or a conflict of interest; and provided further,
that, upon a Specified Walgreens Change in Control, such Observer shall not be entitled to attend meetings of any Committee or to receive copies of notices, minutes, consents, and other materials with respect thereto. 

  
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 (t) Subsidiary Boards. In the event the majority of the members of any board of
directors or other governing body of any Subsidiary of the Company (each, a “Sub Board”) or committee thereof consist of Persons who are not employees of the Company or any of its Subsidiaries or its Managed Practices, then such Sub
Board or committee thereof shall be comprised of at least three (3) Persons reflecting a relative ratio of Walgreens Directors to Non-Walgreens Directors that is reasonably consistent with that of the
Board in accordance with 5.1(c) at the time (for example, a Sub Board or committee thereof of three (3) Directors shall be comprised of two (2) Walgreens Directors and one
(1) Non-Walgreens Directors), with at least one (1) Walgreens Director and one (1) Non-Walgreens Director then in office at all times. 

(u) No “Bad Actor” Designees. Each Person with the right to designate or participate in the
designation of a Director under Section 5.1(c)(i) or (ii) above hereby represents and warrants to the Company that, to such Person’s knowledge, none of the “bad actor” disqualifying events
described in Rule 506(d)(1)(i)-(viii) promulgated under the Securities Act of 1933, as amended (the “Securities Act”) (each, a “Disqualification Event”), is applicable to such Person’s initial designee named
above except, if applicable, for a Disqualification Event as to which Rule 506(d)(2)(ii) or (iii) or (d)(3) is applicable. Any director designee to whom any Disqualification Event is applicable, except for a Disqualification Event as to which
Rule 506(d)(2)(ii) or (iii) or (d)(3) is applicable, is hereinafter referred to as a “Disqualified Designee”. Each Person with the right to designate or participate in the designation of a director as under
Section 5.1(c)(i) or (ii) above hereby covenants and agrees (A) not to designate or participate in the designation of any manager designee who, to such Person’s knowledge, is a Disqualified
Designee and (B) that in the event such Person becomes aware that any individual previously designated by any such Person is or has become a Disqualified Designee, such Person shall as promptly as practicable take such actions as are necessary
to remove such Disqualified Designee from the Board and designate a replacement designee who is not a Disqualified Designee. 
 5.2
Authority of the Board. 
 (a) The business and affairs of the Company shall be managed by or under the direction of
the Board. The power to act for and bind the Company shall be vested exclusively in the Board, subject to the authority of the Board to delegate powers and duties to a Committee thereof or to the Officers. 

(b) The provisions contained in Section 5.1 and this Section 5.2 supersede any authority
granted to the Members pursuant to the Act, to the extent so permitted under the Act. No Member, in its capacity as such, shall have any power or authority to take any action on behalf of the Company or bind the Company unless specifically
authorized to do so by the Board. Each such Member hereby consents to the exercise by the Board of the powers conferred upon the Board by this Agreement. Except as otherwise expressly set forth herein, the Members, as such, shall have no authority
to act for the Company, to vote, consent to or approve any matter or to exercise any of the powers of the Company. 
 5.3 Transactions
Between the Company and the Members. Subject to the approval of the RPT Committee or the Audit Committee when required, notwithstanding that it may constitute a conflict of interest, the Members and the members of the Board and their respective
Affiliates may engage in any transaction (including the purchase, sale, lease or exchange of any property or the rendering of any service or the establishment of any salary, other compensation or other terms of employment) with the Company and/or
one or more of its Subsidiaries so long as such transaction is, as determined by the disinterested Directors on the Board in good faith, (i) on arm’s-length,

  
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commercially reasonable terms; provided that such commercially reasonable terms are (A) no less favorable to the Company than those generally being provided to or available from
unrelated third parties and (B) fair and reasonable to the Company, taking into account the totality of the relationships between the parties involved (including other transactions that may be particularly favorable or advantageous to the
Company), and (ii) approved by the Board in accordance with this Agreement. 
 5.4 Insurance. The Company or one or more of the
Subsidiaries may obtain and maintain, at its expense, insurance to protect itself and any Member, member of the Board, Officer or agent of the Company or any Subsidiary who is or was serving at the request of the Company or any Subsidiary as a
manager, representative, director, officer, partner, venturer, proprietor, trustee, employee, agent or similar functionary of another foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust,
employee benefit plan or other enterprise against any expense, liability or loss, whether or not the Company would have the power to indemnify such Person against such expense, liability or loss under Section 12.5. The
Company shall use commercially reasonable best efforts to obtain and cause to be maintained in effect, with financially sound insurers, a policy of directors’ and officers’ liability insurance covering members of the Board (and their
respective successors) in an amount satisfactory to the Board. Each of the members of the Board is intended to be third-party beneficiary of the obligations of the Company pursuant to this Section 5.4, and the obligations
of the Company pursuant to this Section 5.4 shall be enforceable by each member of the Board. 
 5.5 Savings
Clause. If this Article V or any portion hereof shall be invalidated on any ground by any court of competent jurisdiction, then the Company shall nevertheless indemnify and hold harmless each Person indemnified pursuant to this Article
V as to costs, charges and expenses (including reasonable attorneys’ fees and expenses), judgments, fines and amounts paid in settlement with respect to any Proceeding, appeal, inquiry or investigation to the full extent permitted by any
applicable portion of this Article V that shall not have been invalidated and to the fullest extent permitted by applicable law. 

5.6 Officers. 
 (a) The
Board may from time to time appoint officers of the Company (the “Officers”). An Officer shall remain an officer of the Company unless and until such Officer’s successor is elected and qualified, removed by the Board (with or
without cause), subject to Section 5.7 and Section 5.8, as applicable, or such Officer’s resignation, death or incapacity, subject to employment agreements and employment manuals. The Officers
shall be responsible for the day-to-day management and operations of the Company and shall have such duties and the powers as determined by the Board, including, without
limitation, those set forth in Section 5.2(a). Designation of an Officer shall not, of itself, create any contractual or employment right. 

(b) The appointment of any Chief Executive Officer of the Company other than Mr. Barry shall require (i) the recommendation of a
nominating committee comprised of three (3) directors (two (2) of whom are Independent Walgreens Directors and one (1) of whom is a Non-Walgreens Director who is independent under applicable SEC
and Nasdaq rules (or any other exchange or marketplace upon which the common equity of the Company or the VMD Corporation, as applicable, are then traded) and (b) subject to and only upon such recommendation of such nominating committee,
Special Board Approval (provided that all members of the Board shall vote to approve such appointment unless they in good faith believe such appointment is not in the best interests of the Company and its equityholders, subject to the good faith
exercise of the Directors’ fiduciary duties and applicable exchange rules and law). 

  
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 5.7 Removal of Officers. The Officers, other than the Chief Executive Officer of the
Company, may not be removed as Officers without the approval or consent of the Board. 
 5.8 Removal of Chief Executive Officer. Tim
Barry shall remain the Chief Executive Officer of the Company unless removed by the Board (a) for Cause or (b) with Special Board Approval (but only clause (b) of the first sentence or clause (ii) of the second sentence of the
definition thereof, as applicable). 
 ARTICLE VI 

MEMBERS 
 6.1 No Control
of the Company; Other Limitations. No Member (in its, his or her capacity as such) shall participate in the management or control of the Company’s business, transact any business for the Company or have the power to act for or bind the
Company, all such powers being vested solely and exclusively in the Board; provided that an individual who is a Member may serve as a Director or Officer in a separate capacity. The Members shall be entitled to exercise only those rights
specifically granted to them in this Agreement or to vote on such matters as may be submitted to them by the Board in its discretion or as is otherwise required by this Agreement or applicable law. 

6.2 Liability of Members and Director. No Member shall have any liability or obligation to restore any negative balance, if any, in
such Member’s Capital Account. 
 6.3 Withdrawal. Subject to Sections 6.6 and 8.7, a Member shall not cease to be
a Member as a result of the bankruptcy of such Member or as a result of any other events specified in Section 18-304 of the Act. As soon as any Person who is a Member ceases to own or hold any Units, such
Person shall no longer be a Member. 
 6.4 Resignation or Termination of Membership. No Member may resign or terminate such
Member’s membership in the Company and no Member shall have any right to distributions respecting such Member’s Units (upon withdrawal or resignation from the Company or otherwise) except as expressly set forth herein or in a separate
agreement approved by the Board. 
 6.5 Liability. 

(a) Except as otherwise required by the Act, a Member, as such, shall not be personally liable for any of the debts, liabilities, contracts or
any other obligations of the Company or any of its Subsidiaries, and the debts, obligations and liabilities of the Company and its Subsidiaries, whether arising in contract, tort or otherwise, shall be solely the debts, obligations and liabilities
of the Company and its Subsidiaries; provided that a Member shall be required to return to the Company any distribution made to it in a clear and manifest accounting error or similar error. The immediately preceding sentence shall constitute
a compromise to which all Members have consented within the meaning of the Act. 
 (b) Except as otherwise provided herein or in any
agreement entered into by such Person and the Company, and to the maximum extent permitted by the Act, no present or former Member or any of such Member’s Affiliates, employees, agents or representatives shall be liable to the Company or to any
other Unit Holder for any act or omission performed or omitted by such Person in its capacity as a Member and no such Member shall have any duty to the Company or any other Member of the Company except as expressly set forth herein or in other
written agreements. 

  
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 6.6 Incapacity or Dissolution. The death or incapacity of a Member, or the Transfer
of all of his interest in the Company to anyone that is not a Member, shall not cause a dissolution of the Company, but the rights of such Member to share in the Profits and Losses of the Company, to receive distributions of Company funds and to
assign an interest pursuant to Article VIII hereof shall, on the happening of such an event, devolve on his or its successor-in-interest, if any, and the Company
shall continue as a limited liability company under the Act. 
 6.7 Members’ Meetings. Meetings of the Members for
the transaction of such business as may properly be brought before the meeting shall be held on such dates and at such times as may be determined by the Board. Except as required by non-waivable provisions of applicable law, the Board shall not be
required to convene any meetings of the Members. 
 (a) Place of Members’ Meetings. All meetings of the Members shall be held at
the principal place of business of the Company or at any other place in the United States as shall be specified or fixed in the notices or waivers of notice thereof; provided that a Member may participate in a meeting of the Members by means
of telephone or similar communications equipment, so long as all of the Members participating in the meeting can hear each other at the same time. Such participation shall constitute presence in person at the meeting. 

(b) Notice of Members’ Meeting. Except as otherwise required by law or provided in this Agreement, written notice of any meeting
of Members stating the place, date and hour of the meeting and the purpose for which the meeting is called, shall be given to each Member entitled to vote at such meeting not less than five (5) nor more than sixty (60) days before the
meeting date, by or at the direction of the Board; provided that in the event of exigent circumstances, a Member meeting may be called by the Board on not less than 24-hours’ prior notice. 

(c) Waiver of Notice. Any Member, either before or after any Members’ meeting, may waive in writing notice of the meeting, and
such waiver shall be deemed the equivalent of giving notice. Attendance at a meeting by a Member shall constitute a waiver of notice, except when the Member attends a meeting for the express purpose of objecting, at the beginning of the meeting, to
the transaction of any business because the meeting is not lawfully called or convened. 
 (d) Proxies. To the fullest extent
permitted by law, a Member entitled to vote at a meeting of Members or to express consent or dissent to Company action in writing without a meeting may authorize another Person or Persons to act for such Member by proxy authorized by an instrument
in writing or by an electronic transmission permitted by law and filed in accordance with the procedure established for such meeting or action. 

(e) Members’ Voting Rights. The Common Units (which, for the avoidance of doubt, shall include the Common Profits
Units) shall be entitled to one vote per Unit on all matters for which the holders of Units are entitled to vote under the terms of this Agreement and the Act, and the Class B Units shall be non-voting
(except as explicitly set forth in this Agreement (e.g., pertaining to votes requiring a Majority-in-Interest)). Each holder of Class B Units hereby waives his, her
or its right to vote on any matter with respect to such Class B Units (except as explicitly set forth in this Agreement (e.g., pertaining to votes requiring a
Majority-in-Interest)). The Class A Preferred Units shall be entitled to the number of votes per Class A Preferred Unit equal to the number of whole Common
Units into which one Class A Preferred Unit is then convertible on all matters for which the holders 

  
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of Units are entitled to vote under the terms of this Agreement and the Act. The Class B Preferred Units shall be entitled to the number of votes per Class B Preferred Unit equal to the
number of whole Common Units into which one Class B Preferred Unit is then convertible on all matters for which the holders of Units are entitled to vote under the terms of this Agreement and the Act. The Class C Preferred Units shall be
entitled to the number of votes per Class C Preferred Unit equal to the number of whole Common Units into which one Class C Preferred Unit is then convertible on all matters for which the holders of Units are entitled to vote under the
terms of this Agreement and the Act. The Class D Preferred Units shall be entitled to the number of votes per Class D Preferred Unit equal to the number of whole Common Units into which one Class D Preferred Unit is then convertible
on all matters for which the holders of Units are entitled to vote under the terms of this Agreement and the Act. 
 (f) Quorum and
Required Vote. Except as otherwise required by law or as provided in this Agreement, at any meeting of the Members, the presence of the Members holding a majority of the Common Units (including Preferred Units on an as-converted basis), in person or by proxy, shall constitute a quorum for the transaction of business. Except as otherwise required by law or provided in this Agreement, at any meeting of the Members at which a
quorum is present, the affirmative vote of the Members holding a majority of the Common Units (including Preferred Units on an as-converted basis) that are present at the meeting in person or by proxy and
entitled to vote on the subject matter shall be the act of the Members. 
 (g) Action by Written Consent. Except as otherwise
provided by law or as otherwise provided in this Agreement, any action required or permitted to be taken at a Members’ meeting may be taken without a meeting and without a vote if a written consent is signed or electronically transmitted by a Majority-in-Interest, and such writings or electronic transmissions are filed with the records of the meetings of the Board. Notice of any action taken without a meeting shall
be given promptly following the taking thereof to all Members who have not consented in writing to such action and who, if the action had been taken at a meeting, would have been entitled to notice of such meeting. Any such action taken shall have
the same force and effect as if action had been taken by the Members at a meeting thereof. 
 (h) Record Date. The date on which
notice of a meeting of Members is sent shall be the record date for the determination of the Members entitled to notice of or to vote at such meeting (including any adjournment thereof). The record date for determining the Members entitled to
consent to action in writing without a meeting shall be the first date on which a signed written consent setting forth the action taken or proposed to be taken is delivered to the Company. 

6.8 Right to Engage in Other Activities. Each Member (other than any Member who is an Officer or an employee of the Company) and their
respective Permitted Transferees and Affiliates (the “Excluded Parties”) may engage in or invest in, independently or with others, any business activity of any type or description, including, without limitation, those business
activities that might be considered to be (i) the same as or similar to the Company’s business or the business of any Subsidiary or Affiliate of the Company or (ii) in direct or indirect competition with the Company or any Subsidiary
or Affiliate of the Company; provided, however, that the foregoing provision shall not relieve any of the Excluded Parties from any other obligations which any such Excluded Party may have under any other contract or agreement
between such Excluded Party, on the one hand, and the Company or any of its Subsidiaries, on the other hand. Further, the Company and the Members hereby acknowledge and agree that, anything in this Agreement to the contrary notwithstanding:
(i) none of the Company or its Subsidiaries, or any of the Members shall have, and each of them hereby renounces, any right in or to any other interests or activities of any of the Excluded Parties or

  
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to any income or proceeds derived therefrom; and (ii) none of the Excluded Parties shall be obligated to present any investment or business opportunity to any of the Company, its
Subsidiaries, or the Members, even if such opportunity is of a character that, if presented to any of the Company, its Subsidiaries, or the Members, could or would be undertaken by any of the Company, its Subsidiaries, or the Members and the
Excluded Parties shall have the right to undertake any such opportunity for itself, for its own account or on behalf of any other Persons, and to recommend any such opportunity to any other Persons. Each other Member who is an Officer and/or an
employee of the Company (including, without limitation, Timothy Barry, Paul Martino, Clive Fields and/or Ross Levine) (each an “Employee Member”) shall, and shall cause each of such Employee Member’s Affiliates to, bring all
investment or business opportunities first arising after the Effective Date to the Company of which such Employee Member is provided an opportunity to pursue or consummate and which are (i) substantially similar to the business of the Company
(as described in Section 2.2 above) or (ii) are otherwise directly competitive with the business of the Company or its Subsidiaries, and shall not pursue or consummate (directly or indirectly) any such opportunities
(all of which shall remain the exclusive property of the Company); provided, however, that the Company acknowledges and agrees that the Company does not have an interest or expectancy in, and affirmatively waives any right to, any
future investment or business opportunities in any company in which any such Employee Member has (directly or indirectly) previously made an investment in prior to the Effective Date. For the avoidance of doubt, but except as otherwise provided in
the foregoing sentence, the Company does not renounce any such interest or expectancy in any business opportunities presented to any Employee Member. No amendment or repeal of this Section 6.8 shall apply to or have any
effect on the liability or alleged liability of any Employee Member for or with respect to any opportunities of which such Employee Member becomes aware prior to such amendment or repeal. Notwithstanding the foregoing, this
Section 6.8 shall in no way limit the restrictions set forth in the Positioning Agreement. 
 6.9
Confidentiality. Each Member recognizes and acknowledges that it has and may in the future receive Confidential Information from the Company in its capacity as a Member of the Company. Except as otherwise agreed to by the Board, each Member
(on behalf of itself and, to the extent that such Member would be responsible for the acts of the following persons under principles of agency law, its directors, officers, shareholders, partners, employees, agents, managers and members) agrees that
it will not, during or after the term of this Agreement, whether directly or indirectly through an Affiliate or otherwise, take commercial or proprietary advantage of or profit from any Confidential Information it receives from the Company in its
capacity as a Member of the Company or disclose any such Confidential Information to any Person for any reason or purpose whatsoever, except (i) to authorized directors, officers, representatives, agents and employees of the Company or its
Subsidiaries and as otherwise may be proper in the course of performing such Member’s obligations, or enforcing such Member’s rights, under this Agreement and the agreements expressly contemplated hereby; (ii) to any bona fide
prospective purchaser of the equity or assets of such Member or its Affiliates or the Units held by such Member, or prospective merger partner of such Member or its Affiliates, provided that such purchaser or merger partner agrees to be bound
by the provisions of this Section 6.9; (iii) as is required to be disclosed by order of a court of competent jurisdiction, administrative body or governmental body, or by subpoena, summons or legal process, or by law, rule
or regulation, provided that, to the extent permitted by law, the Member required to make such disclosure shall provide to the Board prompt notice of such disclosure, (iv) to a Member’s accountants in connection with the preparation
of financial statements and/or tax returns or to its financial sources or financial advisors, each subject to the execution of a customary non-disclosure agreement; (v) to (A) such Member’s counsel
or other advisors, (B) employees of such Member on a “need to know” basis, or (C) to investors or prospective investors (so long as such disclosure has 

  
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a valid business purpose) (so long as in each of clauses (A), (B), and (C), such Member shall inform the recipient of the confidential nature of such information and such recipient shall be
subject to an obligation of confidentiality to such Member no less strict in its terms than the terms contained in this Section 6.9); (vi) in connection with a Transfer to a Permitted Transferee, subject to appropriate
confidentiality procedures; and/or (vii) to any Affiliate, partner, member, stockholder or wholly owned subsidiary of such Member in the ordinary course of business, provided that such Member informs such Person that such information is
confidential and directs such Person to maintain the confidentiality of such information. For the avoidance of doubt, nothing in this Section 6.9 or in any other provision of this Agreement shall be used or deemed to
prohibit Kinnevik (and its Affiliates), Oak Blocker, Walgreens (and its Affiliates) or Anthem from competing with the Company or any of its Subsidiaries or otherwise engaging in any business or activities of any type, including those described in
clause (i) or clause (ii) of Section 6.8, so long as each of Kinnevik (and its Affiliates), Oak Blocker, Walgreens (and its Affiliates) and Anthem does not use any Confidential Information it receives from the
Company in its capacity as a Member of the Company in connection therewith in contravention of this Section 6.9. 

ARTICLE VII 
 COVENANTS

 7.1 Inspection. Subject to the terms of Section 6.9, the Company shall permit, upon reasonable
request and notice, each Major Holder to examine and make copies of and extracts from the records and books of account of, and visit and inspect the properties of the Company and its Subsidiaries, to discuss the affairs, finances and accounts of the
Company and any Subsidiary thereof with any of its officers, directors or management personnel and independent accountants, and consult with and advise the management of the Company and any Subsidiary thereof as to their affairs, finances and
accounts, all at reasonable times during normal business hours. 
 7.2 Financial Information. The Company will furnish to each Major
Holder the information set forth in this Section 7.2; provided, that the Company shall not be required to furnish such information to a Major Holder if the Board determines in good faith that such Major Holder is a
competitor to the Company (provided that in no event shall Kinnevik (or its Affiliates) or Oak (or its Affiliates) be deemed to be a competitor to the Company and that, as of the Effective Date, Walgreens (and its Affiliates) is deemed to not be a
competitor to the Company): 
 (a) As soon as practicable after the end of each fiscal year of the Company, and in any event within one
hundred fifty (150) days thereafter, a copy of the annual audited financial statements for such fiscal year for the Company and its Subsidiaries, if any, including therein balance sheets of the Company and its Subsidiaries, if any, as of the
end of such fiscal year and statements of income and members’ equity and of cash flows of the Company for such fiscal year, setting forth in each case in comparative form the corresponding figures for the preceding fiscal year, all prepared in
accordance with generally accepted accounting principles consistently applied (“GAAP”), all such consolidated statements to be duly certified by such independent public accountants of recognized national standing approved by the
Board to prepare such reports; 
 (b) As soon as available and in any event within forty-five (45) days after the end of each of the
first three quarters of each fiscal year of the Company, an unaudited balance sheet of the Company and its Subsidiaries, if any, as of the end of such quarter and the related unaudited statements of income and members’ equity and of cash flows
of the Company for the period commencing at the end of the previous fiscal year and ending with the end of such quarter, setting forth in each case in comparative form the corresponding figures for the corresponding period of the preceding fiscal
year and the budget for such current year, all in reasonable detail and prepared in accordance with GAAP (subject to year-end audit adjustments and not including all footnotes thereto that may be required in
accordance with GAAP); 

  
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 (c) Upon request (but not more frequently than the delivery of the financial statements
described in Sections 7.2(a) and 7.2(b)), a statement showing the number of Units of each class and series of membership interests (including Profits Interests) and securities convertible into or exercisable for Units outstanding at
the end of the applicable period, the Junior Units issuable upon conversion or exercise of any outstanding securities convertible or exercisable for Junior Units and the exchange ratio or exercise price applicable thereto, and the number of Units
not yet issued but reserved for issuance under the Equity Incentive Plan, if any, all in sufficient detail as to permit the Preferred Unit Holders to calculate their respective percentage equity ownership in the Company; 

(d) As soon as available and in any event within thirty (30) days after the end of each calendar month, a statement of recognized
revenue, bookings and retained earnings on a monthly basis, compared against the corresponding figures from such month from the preceding fiscal year and the budget for such current year; and 

(e) Not later than sixty (60) days after December 31 of each year, an annual budget and quarterly and monthly operating budgets for
such fiscal year in a form and with such detail as may be acceptable to a majority of the Directors. 
 7.3 Management Letters of
Accountants. The Company shall provide to each Major Holder copies of each of the management letters of the Company’s accountants. 

7.4 Notice of Adverse Changes; Litigation. Promptly after becoming aware of the occurrence thereof and in any event within ten
(10) days after becoming aware of each such occurrence, the Company shall provide notice to each Major Holder of any Material Adverse Effect (as such capitalized term is defined in the Class D Purchase Agreement), or any event which would
be reasonably expected to result in the occurrence of a Material Adverse Effect. 
 7.5 Certain Rights and Limitations. In place of
the rights afforded to Members pursuant to Section 18-305(a) of the Act or elsewhere in the Act and except as expressly provided for in this Agreement or in management rights letters entered into between
a Member and the Company, each holder of Units shall have only the right to such information regarding the Company (including books, records, business, results of operation, condition (financial or otherwise)) that the Board, determines, in its sole
discretion shall be provided or made available. Exhibit A shall be kept on file at the Company and no Member shall have a right to access Exhibit A. All Members shall have the right to receive from the Chairman upon request a copy of
the Certificate and of this Agreement, as amended from time to time. 
 7.6 Matters Requiring Special Board Approval. Until the
earlier to occur of (i) such time as the Founders collectively cease to continue to own at least 20% of the Unit Equivalents owned by the Founders in the aggregate as of one hundred eighty (180) days from the date hereof or (ii) such
time as Walgreens and its Affiliates cease to continue to directly or indirectly own at least 40% of the aggregate voting power of the Company or the VMD Corporation (including through securities held by any Blocker based on the ownership of
applicable Blocker Equities owned by Walgreens), as applicable, the Company hereby covenants and agrees with each of the Members that it shall not, without Special Board Approval: 

(a) Increase or decrease the authorized number of Units or any series or class thereof; 

  
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 (b) Issue any Units or securities convertible into Units other than Profits Interests; 

(c) Amend, terminate or waive any provision of this Agreement, the Certificate of Formation or the Investors’ Rights Agreement that
materially and adversely disproportionally affects the Non-Walgreens Members; 
 (d) Increase or
decrease the size of the Board, change the composition of the Board other than pursuant to Section 5.1, amend or waive Sections 5.1(a)-(f), (h)-(k), (n), (q), (r) or change the Board or Committee compensation of any non-management Director; 
 (e) Make any assignment for the benefit of creditors or any filing of a
voluntary bankruptcy or similar proceeding; 
 (f) Liquidate, dissolve or wind up the Company; 

(g) Consummate a Sale of the Company; 

(h) Declare and pay any dividend or distribution (other than Tax Distributions pursuant to Section 4.5); 

(i) Acquire or dispose of businesses or assets, in each case valued at over $500,000,000; 

(j) Initiate or settle any lawsuits involving claims valued in excess of $50,000,000; 

(k) Elect any method under Section 704(c) of the Code other than the “traditional method; or 

(l) Make any change to the Company’s status as a partnership for U.S. federal income tax purposes (other than as specifically provided by
Article IX). 
 7.7 Restrictions on Walgreens Sales. 

(a) Walgreens shall not, and shall cause its Affiliates not to, Transfer any Unit Equivalents, directly or indirectly, to any
“person” or “group” (in each case within the meaning of Section 13(d) of the Exchange Act), in a single transaction or series of transactions, if such “person” or “group” is the “beneficial
owner” (as defined in Rule 13d-3 under the Exchange Act, but excluding the words “within sixty days” appearing in Rule 13d-3(d)(1)(i)) or, after giving
effect to any such Transfer, would be such a beneficial owner of (i) if a Strategic Investor, more than 5% of the outstanding Unit Equivalents of the Company and (ii) if a Financial Investor, more than 10% of the outstanding Unit
Equivalents of the Company, without the prior written consent of the RPT Committee, which may be withheld in its sole discretion; provided that such prohibition shall not apply to Transfers by Walgreens and its Affiliates pursuant to a
Qualified IPO or any other Underwritten Offering. For the avoidance of doubt, a Walgreens Change in Control shall not be deemed a Transfer of the Company’s equity interests that it holds so long as such transaction is not targeted at the
Company. Any purported transfer in contravention of this Section 7.7(a) shall be void ab initio. 

  
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 (b) At any time that the Walgreens Note is outstanding, without the consent of the RPT
Committee, Walgreens shall not (i) Transfer any Class D Preferred Unit that was purchased with the Walgreens Note; and (ii) Transfer any Unit Equivalents at any time that there is a continuing Event of Default (as defined in the
Walgreens Note) under Section 5(a) of the Note (provided that such restriction on Transfer shall become ineffective and no longer apply once the applicable amount due and payable under the Note is fully paid). 

(c) Solely for purposes of Section 7.7(a), a “Walgreens Change in Control” means any of the
following events or series of related events: (i) the sale, lease, exchange, license or other transfer of all or substantially all of Walgreens Parent’s or any of its Affiliates’ properties or assets (as determined on a consolidated
basis) to any Person or group of Persons; (ii) the adoption by the equityholders of Walgreens Parent or any of its Affiliates of a plan the consummation of which would result in the liquidation or dissolution of Walgreens Parent or any of its
Affiliates; (iii) the transfer, directly or indirectly, to any Person or group of Persons of beneficial ownership of greater than 50% of the aggregate voting power of the fully diluted capital stock of Walgreens Parent or any of its Affiliates;
(iv) any merger or other similar transaction with any Person or group of Persons in which Walgreens Parent or any of its Affiliates is the surviving entity as a result of which the equityholders of Walgreens Parent or any of its Affiliates
immediately prior to such transaction beneficially own less than 50% of the aggregate voting power of the fully diluted capital in the surviving entity; (v) any merger or other similar transaction to which WBA is a party with a Person or group
of Persons as a result of which all of Walgreens Parent’s or any of its Affiliates’ outstanding equity is converted into or exchanged for cash or securities of any successor entity and the equityholders of Walgreens or any of its
Affiliates immediately prior to such transaction beneficially own less than 50% of the aggregate voting power of the fully diluted capital in the surviving entity; or (vi) a Person or group of Persons acquires the right to elect a majority of
the board of directors of Walgreens Parent or any of its Affiliates. 
 (d) The restrictions set forth in this
Section 7.7 shall terminate and be of no further force and effect at and following such time as the Founders collectively cease to continue to own at least 20% of the Unit Equivalents that the Founders collectively own as
of one hundred eighty (180) days from the date hereof. 
 7.8 Standstill. Walgreens agrees with the Company that, from the
completion of the Initial Public Offering (which is deemed completed upon pricing in the case of an IPO and completion in the case of a Direct Listing or SPAC Transaction) and until three (3) years from such completion, Walgreens shall not, and
shall cause its Affiliates not to, directly or indirectly, without the prior written consent of the RPT Committee, (i) acquire, agree to acquire, propose, seek or offer to acquire any Units or other equity interests of the Company, the VMD
Corporation or any of their Subsidiaries, (ii) make any public announcement with respect to, or offer, seek, propose, indicate an interest in (in each case with or without conditions) publicly or, if in a manner reasonably likely to result in
the Company being legally required to make a public announcement with respect thereto, privately or enter into, any merger, consolidation, business combination, tender or exchange offer, recapitalization, reorganization or purchase of a material
portion of the assets, properties or securities of the Company, the VMD Corporation or any of their subsidiaries, or any other extraordinary transaction involving the Company, the VMD Corporation or any of their Subsidiaries or any of their
respective securities, or (iii) knowingly assist or encourage or enter into any discussions, negotiations, agreements or arrangements with any other Persons in connection with the foregoing, in each case of the foregoing clauses
(i) through (iii) unless (A) Walgreens or its Affiliates is acquiring 100% of the Units or other equity interests not owned by Walgreens with the consent of the RPT Committee, (B) with respect to a Sale of the Company (including with
respect to the VMD Corporation as if it were the Company, mutatis mutandis) to an acquirer other than Walgreens or its Affiliates with the consent of the RPT Committee, (C) in connection with an issuance of equity or

  
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securities convertible or exchangeable into equity by the Company (including any capital raising transaction, merger, consolidation, business combination or acquisition or other event in which
any Units or other equity interests are issued), Walgreens or its Affiliates is acquiring Units or other equity interests pursuant to Section 3.3 or Section 3.4, (D) Walgreens or its Affiliates is
acquiring, agreeing to acquire, proposing, seeking or offering to acquire any Units or other equity interests of the Company or the VMD Corporation in order to maintain a Majority Stake, (E) at the request of the Board pursuant to a Special
Board Approval or (F) with respect to Transfers of Units or other equity interests from Affiliates. 
 7.9 Accounting Matters.
If at any time Walgreens and its Affiliates hold a Majority Stake, but has a good faith belief based on the advice of a national accounting firm that Walgreens Parent will not be able to consolidate the Company or the VMD Corporation, respectively,
for purposes of Walgreens Parent’s consolidated financial statements for any reason, the Company and the Members agree to use their commercially reasonable efforts to consult and cooperate in good faith with each other with respect to
discussing, proposing, developing and implementing potential actions to be taken (including relating to the corporate governance of the Company or the VMD Corporation, respectively) in order to permit Walgreens Parent to consolidate the Company or
the VMD Corporation, respectively, for purposes of Walgreens Parent’s consolidated financial statements; provided, however, that (a) it is acknowledged and agreed that neither the Company, nor the VMD Corporation or any
Member, shall be required to agree to any amendment, waiver or action that would materially impact its rights or obligations under this Agreement or any agreement referenced herein. 

7.10 Termination of Covenants. All covenants of the Company provided in Sections 7.1-7.4 shall terminate upon (unless earlier terminated in accordance with their terms) the consummation of an Initial Public Offering or a Sale of the Company. 

ARTICLE VIII 

CERTIFICATES; TRANSFER OF UNITS 

8.1 Certificates. The Company may issue certificates representing Units or other equity interests in the Company (the
“Certificates”) in the Board’s sole discretion. The Certificates shall be in such form as shall be determined by the Board and shall be signed on behalf of the Company by an Officer authorized by the Board. The Certificates
shall be consecutively numbered or otherwise identified. The name and address of the person to whom a Certificate is issued, with the Capital Contribution and the date of issue, shall be entered in the Certificate register of the Company. In case of
a lost, destroyed or mutilated Certificate, a replacement may be issued upon such terms and indemnity to the Company as the Board or its counsel may prescribe. 

8.2 Legends. Certificates, if any, representing Units or other equity interests that are issued to any Unit Holder shall bear a legend
in substantially the following form: 
 THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF
1933, AS AMENDED, OR ANY STATE OR FOREIGN SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD, PLEDGED, OR TRANSFERRED EXCEPT IN COMPLIANCE THEREWITH OR PURSUANT TO AN EXEMPTION THEREFROM. THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE ALSO SUBJECT TO
ADDITIONAL 

  
 51 

 
RESTRICTIONS ON TRANSFER AS SET FORTH IN AN AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT EFFECTIVE AS OF SEPTEMBER 15, 2015 (AS SAME MAY BE AMENDED, RESTATED OR OTHERWISE
MODIFIED FROM TIME TO TIME), A COPY OF WHICH WILL BE FURNISHED BY VILLAGE PRACTICE MANAGEMENT COMPANY, LLC TO THE HOLDER HEREOF UPON WRITTEN REQUEST. 

8.3 Transfers. 
 (a)
Other than Transfers to a Permitted Transferee or pursuant to Sections 8.4, 8.5 or 8.6, no Person may Transfer all or any portion of its Units or any interest in the Company without the prior written consent of the Board, which
consent may be given or withheld in the Board’s sole discretion. No Transfer to a Permitted Transferee shall become effective unless and until such Permitted Transferee (unless already a Member) executes and delivers an agreement to be bound by
this Agreement. 
 (b) In addition to the other requirements of this Section 8.3, unless waived by the Board in
its sole discretion, no Transfer of all or any portion of Units or any interest in the Company shall be made unless the following conditions are met: 

(i) the Transfer will not violate registration requirements under any Federal or state securities laws; 

(ii) the transferee delivers to the Company a written instrument agreeing to be bound by the terms of this Agreement and assume
all obligations of the transferor under this Agreement with respect to the Units being Transferred; 
 (iii) the Transfer
will not result in the Company being subject to the Investment Company Act of 1940, as amended; 
 (iv) as reasonably
determined by the Company in good faith consultation with its tax advisors, the Founders and Walgreens, the Transfer (individually or taken together with other preceding Transfers and including, for this purpose, any redemptions (other than the
Redemption)) will meet the requirements for a “safe harbor” pursuant to Treasury Regulations Sections 1.7704-1(e), (f), (g), (h) or (j) or otherwise will not cause the Company to be treated as a
“publicly traded partnership” within the meaning of the Code and Regulations; and 
 (v) the Transfer will not
cause the Company to be required to register with the Securities and Exchange Commission any class or series of equity securities pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”). 

(c) No transferee of a Member’s Unit or interest in the Company shall become a substituted Member unless: (i) such Transfer has been
made in compliance with Sections 8.3(a) and 8.3(b), (ii) the Board shall have consented to the transfer to such transferee and the admission of such transferee as a substituted Member (other than with respect to Transfers to a
Permitted Transferee); (iii) such transferee has complied with the last sentence of Section 11.5(g) and (iv) the Transferring Member and the transferee shall have executed and acknowledged such other instruments as the
Board may deem necessary and desirable. 

  
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 (d) Each Member agrees that the Transfer restrictions in this Agreement may not be avoided
by the holding of Units directly or indirectly through a Person that can itself be sold to dispose of an interest in Units free of restrictions, including Oak Blocker, Kinnevik Blocker and Town Hall Ventures Blocker. Any Transfer, or series of
related Transfers, of equity interests of a Member resulting in any change in the control, directly or indirectly (whether by transfer of more than 50% of the economic interest of such Member or transfer of control by contract, sale of equity rights
or otherwise), of such Member or of any other Person having control, directly or indirectly, over that Member shall be treated as being a Transfer of the Units held by that Member, and the provisions of this Agreement that apply in respect of the
Transfer of Units shall thereupon apply in respect of the Units so held. Notwithstanding the foregoing, a Transfer, or a series of related Transfers, whether directly or indirectly, of equity interests of Kinnevik or of equity or economic interests
or control of Walgreens or their respective Affiliates shall not constitute a “Transfer” for purposes of this Section 8.3(d) so long as such transfers are not specifically targeted at the Company. 

(e) Each Member hereby acknowledges the reasonableness of the conditions contained in this Section 8.3 in view of
the purposes of the Company and the relationship of the Members. Any Person to whom Units or interests in the Company are attempted to be Transferred in violation of this Section 8.3 shall not be entitled to vote on matters
coming before the Members, participate in the management of the Company, act as an agent of the Company, receive distributions from the Company or have any other rights in or with respect to the Units or interests in the Company. 

8.4 Drag-Along Rights. 

(a) If, at any time, (i) the Board, (ii) the
Majority-in-Interest of the Common Unit Holders and (iii) the holders of a majority in voting power of the outstanding Common Units (including the Common Units
issued or issuable upon conversion of Preferred Units) (the Members described in clauses (ii) and (iii), the “Selling Investors”), approve in writing a Sale of the Company to an Independent Third Party, the Board shall notify
the Members and Economic Owners in writing of such proposed Sale of the Company. Upon request by the Selling Investors, each Member and Economic Owner and the Company will consent to and raise no objections to the proposed Sale of the Company, and
will take all other actions reasonably necessary or desirable to cause the consummation of such Sale of the Company, and if such Sale of the Company is structured as (i) a merger or consolidation of the Company or a Company Asset Sale, each
Member shall, and hereby does, waive any dissenter’s rights, appraisal rights or similar rights in connection with such merger, consolidation or sale, or (ii) a sale of Units, each Member shall, and hereby does, agree to sell their Units
on the terms and conditions of the Sale of the Company. All Members shall bear their pro rata share (based upon proceeds received in respect of their Units) of the transaction costs in the Sale of the Company to the extent such costs are incurred
for the benefit of all Members and are not otherwise paid by the Company or the acquiring party. Costs incurred by Members on their own behalf shall not be considered costs of the transaction. The obligations of the Members and Economic Owners
pursuant to this Section 8.4(a) with respect to a Sale of the Company are subject to the following conditions: (x) the consideration payable upon consummation of such Sale of the Company to all of the Members and
Economic Owners shall be allocated among the Members and Economic Owners as set forth in Section 4.7, (y) upon the consummation of the Sale of the Company, all of the Members and Economic Owners shall receive the same form
of consideration per Unit of the same class or other equity interest and (z) with respect to the Blockers, such Sale of the Company shall satisfy Section 8.4(d). 

  
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 (b) Each Member agrees to be bound by agreements with respect to indemnification
obligations, amounts paid into escrow, amounts subject to holdbacks or amounts subject to post-closing purchase price adjustments, and agreements to appoint representatives; provided, that any such indemnification, escrow, holdback and adjustment
obligations undertaken by any Member (A) shall be in proportion to such Member’s Units in the Company determined on the basis of such Member’s Fully Diluted Ownership Percentage as of the time of such Sale of the Company, and
(B) shall not exceed the total amount of consideration received by such Member in connection with such Sale of the Company. No Member shall have to make any representations or warranties with respect to the Company or any of its Subsidiaries in
such Sale of the Company; provided that each Member shall provide customary representations and warranties in its capacity as a Member of the Company (on a several and not joint basis), including with respect to such Member’s title to and
ownership of the Units held by such Member. Finally, no Class D Preferred Unit Holders, Class C Preferred Unit Holder, Class B Preferred Unit Holder or Class A Preferred Unit Holder (or holder of Common Units issued upon
conversion of Preferred Units) shall be obligated to agree to any non-compete or other restrictive covenant in connection with any such Sale of the Company. 

(c) To the extent that a Member or Economic Owner does not take any actions when requested by the Board pursuant to
Section 8.4(a), each such Member or Economic Owner hereby constitutes and appoints the Board as such Member’s or Economic Owner’s true and lawful
attorney-in-fact and authorizes such attorney-in-fact to execute on behalf of such Member
or Economic Owner any and all documents and instruments which such attorney-in-fact deems necessary and appropriate in connection with the Sale of the Company. The
foregoing power of attorney is irrevocable and is coupled with an interest. 
 (d) At the request of the Oak Blocker, the Kinnevik Blocker
and/or the Town Hall Ventures Blocker, any Sale of the Company shall be structured in a manner that ensures that all of the Blocker Equities of such Blocker shall be sold or transferred to a proposed purchaser in lieu of a sale of the Units owned by
such Blocker, or in conjunction with any merger, consolidation, reorganization or similar transaction. For the avoidance of doubt, and subject to Section 4.7, any such sale of Blocker Equities of a Blocker shall be for
consideration of an aggregate price equal to the amount such Blocker would have received had it sold its Units directly to the proposed purchaser. Any cash balance (net of accrued liabilities) held by such Blocker at the time of the Sale of the
Company shall be distributed by such Blocker to the owner of the Blocker Equities of such Blocker immediately prior the effectiveness of such Sale of the Company. 

(e) This Section 8.4 shall terminate upon the consummation of an Initial Public Offering. 

8.5 Right of First Offer. 

(a) Subject to the terms and conditions of Section 8.3, if any Member (in such capacity, a
“Seller”) proposes to Transfer (the “Offer”) all or any part of such Member’s equity interests in the Company (other than in respect of the Redemption), the Seller shall give written notice (the
“Proposed Sale Notice”) to the Company, each Major Holder (other than the Seller) (in such capacity, the “Offerees”), which Proposed Sale Notice shall (i) identify the type and amount of the equity interests in
the Company (the “Offered Units”) which such Seller desires to sell, (ii) describe the terms and conditions of such Offer, including, without limitation, the proposed purchase price for such Offered Units, and
(iii) contain an irrevocable offer to sell the Offered Units the Offeree at the purchase price contained in, and on the same terms and conditions of, the Proposed Sale Notice. 

(b) If the Company desires to purchase all or any portion of the Offered Units, the Company shall communicate in writing (the “Company
Offer Notice”) its election to purchase to the Seller and each Major Holder no later than thirty (30) days after transmittal of the Proposed Sale Notice by the Seller to the Company (the “Company Offer Period”), which
Company Offer Notice shall state the number of Offered Units the Company desires to purchase and shall be given to the Seller within the Company Offer Period. 

  
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 (c) If the Company elects to purchase less than all of the Offered Units, the Offerees shall
have the right to purchase all or any portion of the Offered Units not offered to be acquired by the Company, and each Offeree (each, a “Participating Offeree”) shall communicate in writing its election to purchase such remaining
Units to the Seller no later than thirty (30) days after transmittal of the Company Offer Notice by the Company (the “Offeree Offer Period”), which communication shall state the number of Offered Units that such Participating
Offeree desires to purchase and shall be given to the Seller within the Offeree Offer Period. Each Offeree shall have the right to purchase up to that number of Offered Units not elected to be acquired by the Company which equals the product
obtained by multiplying (i) the aggregate number of Offered Units not elected to be purchased by the Company by (ii) a fraction, the numerator of which is the number of Common Units at the time owned by such Offeree and the denominator of
which is the number of Common Units at the time owned by all Offerees (in each case, calculated on a Fully Diluted Basis). If an Offeree does not exercise his, her or its right of first refusal, the Offered Units that could otherwise be allocated to
such non-exercising Offeree shall be allocated to each Participating Offeree on a pro rata basis based on the number of Common Units then owned by such Participating Offeree (calculated on a Fully Diluted
Basis). 
 (d) Sales of the Offered Units pursuant to this Section 8.5 shall be made at the offices of the Company
on the thirtieth (30th) day following the last day of the Offeree Offer Period (or if such day is not a business day, then on the next succeeding business day), unless otherwise agreed to by the Seller and the Offeree. Such sales shall be affected
by the Seller’s delivery to the Company and/or the Participating Offeree of a certificate or certificates, if any, evidencing the Offered Units to be purchased, duly endorsed for Transfer to the Company and/or the Participating Offeree, as
applicable, against payment to the Seller of the purchase price therefor by the Company or the Participating Offeree, as applicable. 
 (e)
If neither the Company nor the Offerees offer to purchase in the aggregate all of the Offered Units (the “Remaining Offered Units”), then, subject to the provisions of Section 8.6, if applicable, the
Remaining Offered Units may be Transferred by the Seller to any Person (the “Proposed Transferee”) at any time within ninety (90) days following the last day of the Offeree Offer Period at a purchase price not less than, and on
terms and conditions no less favorable to the Seller than, the purchase price contained in, and the terms and conditions of, the Proposed Sale Notice. Any Offered Units not sold within such ninety (90) day period shall, thereafter, be subject
to the requirement of a prior Offer pursuant to this Section 8.5. 
 (f) Upon the Transfer of any Units pursuant
to this Section 8.5, the Board shall be authorized to amend Exhibit A attached hereto to reflect such Transfer. 

(g) This Section 8.5 shall not apply to any Transfer (i) pursuant to an Initial Public Offering, (ii) in a
SPAC Transaction, (iii) in a Sale of the Company, (iv) to a Permitted Transferee pursuant to Section 8.3, (v) pursuant to Section 8.6, (vi) pursuant to
Section 8.9, (vii) made pursuant to the Redemption or (viii) made pursuant to the Blocker Sales. This Section 8.5 shall terminate upon the consummation of an Initial Public Offering. 

  
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 8.6 Tag-Along Right. 

(a) To the extent that the right of first offer is not exercised by the Company or the Offerees as provided in
Section 8.5 above as to all Offered Units (which shall not, for the avoidance of doubt, include any Units purchased pursuant to the Redemption), each Major Holder (other than the Seller) (the “Tag-Along Members”) also shall be afforded the right to Transfer to such Proposed Transferee simultaneously therewith, on the same general terms and conditions as the terms and conditions set forth in the
offer received by the Seller, a number of Units determined as provided in this Section 8.6 (the “Tag-Along Right”). If a Seller desires to Transfer Units, then in
addition to the information provided for in the Offer pursuant to Section 8.5 above, the Seller shall state in the Offer that the Tag-Along Members may participate in such Transfer
pursuant to this Section 8.6(a). Each Tag-Along Member wishing to participate in any Transfer under this Section 8.6(a) shall notify the Seller in writing of
such intention within the Offeree Offer Period. The Seller and each participating Tag-Along Member shall have the right to Transfer to the Proposed Transferee all or any part of the Units proposed to be
Transferred by them at not less than the price and upon other terms and conditions, subject to Section 8.6(b), if any, not more favorable to the Proposed Transferee than those in the Offer; provided, however,
that any purchase of less than all of such Units by the Proposed Transferee shall be made from the Seller and each participating Tag-Along Member pro rata based upon the relative number of Units then directly
or indirectly owned by the Seller (including through ownership of Blocker Equities) and each participating Tag-Along Member. The Seller will not Transfer any Units to the Proposed Transferee if such Proposed
Transferee declines to allow the participation of the Tag-Along Members in such Transfer. 
 (b) Any
Units required to be included in a Tag-Along Right shall be Transferred on at least the same terms and conditions as set forth in the Proposed Sale Notice; provided, that the price for the Preferred
Units being sold by Tag-Along Members when a Seller is selling Common Units and the price for the Common Units sold by Tag-Along Members when a Seller is selling
Preferred Units shall be appropriately adjusted based on the relative seniority, liquidation preference and applicable dividend provisions of the applicable Units and the conversion, exchange or exercise of the applicable Preferred Units into Common
Units, as determined by the Board in good faith. 
 (c) At the request of the Oak Blocker, the Kinnevik Blocker and/or the Town Hall
Ventures Blocker, any Transfer of Units by such Blocker as a Tag-Along Member under this Section 8.6 shall be structured in a manner that ensures that the Blocker Equities of such
Blocker shall be sold to a Proposed Transferee in lieu of a sale of the Units owned by such Blocker. For the avoidance of doubt, any such sale of Blocker Equities shall be in consideration of an aggregate purchase price equal to the amount such
Blocker would have received had it sold its Units directly to the Proposed Transferee (provided that the amount payable to the holders of such Blocker Equities shall be adjusted so as to take into account any cash balances held by such Blocker) and
shall be subject to the provisions of Section 8.9 hereof. 
 (d) This Section 8.6 shall
not apply to any Transfer (i) pursuant to an Initial Public Offering, (ii) to a Permitted Transferee pursuant to Section 8.3, (iii) made pursuant to the Redemption or (iv) made pursuant to the Blocker Sales.
This Section 8.6 shall terminate upon the consummation of an Initial Public Offering. 
 8.7 Withdrawal of
Members. No Member shall have the right to withdraw from the Company, except in the case of an Involuntary Withdrawal or Transfer of all of such Member’s Units in accordance with the terms of this Agreement. Immediately upon the occurrence
of an Involuntary Withdrawal, the successor(s) of the Member so withdrawing shall thereupon become Economic Owner(s) but shall not become Member(s). 

  
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 8.8 Market Stand-Off. 

(a) Each Member that is not also a party to the Investors’ Rights Agreement agrees that, in connection with any registration of Units
pursuant to an underwritten public offering, it shall not offer for sale, sell, make any short sale of, loan, grant any option for the purchase of, or otherwise dispose of, any securities (issued or unissued) other than those registered and included
in such underwritten offering, whether in a transaction that would require registration under the Securities Act or otherwise, until the expiration of a period of time (the “Market Stand-Off
Period”) after the effective date of the registration statement filed by the Company with respect to Qualified IPO or any other listing event in which the common equity of the Company or a successor thereto becomes registered under the
Exchange Act; provided, however, that the Market Stand-Off Period shall not exceed one hundred eighty (180) days with respect to an underwritten initial public offering of Units or common
stock by the Company (or any successor thereto) or ninety (90) days with respect to any other listing event. Each Member further agrees to execute and deliver a customary lock-up agreement consistent with
the foregoing and such other documents as are reasonable and customary in connection with an underwritten public offering, including, without limitation, a FINRA questionnaire, if requested to do so by the Company or the underwriters managing the
underwritten offering and the underwriters shall be a third party beneficiary of this provision. 
 (b) Each Member that is not also a party
to the Investors’ Rights Agreement agrees that it shall not, during the period commencing on the SPAC Effective Time and ending on the date specified by the Company or its successor (such period not to exceed one hundred eighty
(180) days): (i) offer for sale, sell, make any short sale of, loan, grant any option for the purchase of, or otherwise dispose of, any securities (issued or unissued), in each case, held immediately prior to the SPAC Effective Time or
(ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of such securities, whether any such transaction described in clause (i) or (ii) above is to be
settled by delivery of such securities or other securities, in cash, or otherwise. The foregoing provisions of this Section 8.8(b) shall apply only to a SPAC Transaction, shall not apply to the sale of any shares to an
underwriter pursuant to an underwriting agreement or in the open market following such SPAC Transaction. Each such Member agrees to execute such agreements as may be reasonably requested by the Company or its successor in the SPAC Transaction that
are consistent with this Section 8.8(b) or that are necessary to give further effect thereto. 
 (c) The Members
agree that this Section 8.8 shall survive any conversion pursuant to Article IX and shall be enforceable by VMD Corporation with respect to any shares of common stock thereof held by Members following such conversion
pursuant to Article IX. 
 8.9 Additional Rights and Obligations of Blocker. 

(a) Notwithstanding anything in this Agreement to the contrary, in addition to any other rights of any Blocker pursuant to this Agreement, if
requested by a Blocker in connection with any Transfer other than in connection with the Redemption, the Company and the other Members shall structure such Transfer so as to include the right on the part of the holders of the Blocker Equities of
such Blocker to sell all or a portion of their Blocker Equities to the purchaser in such Transfer (each such purchaser, a “New Blocker Stockholder”), on terms and conditions no less favorable to such holders than the terms
(including price) that would have applied to such Blocker if such Blocker had 

  
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sold its Units to such purchaser; provided, however, that, for the avoidance of doubt, the holders of securities of such Blocker will not be required to sell all or any portion of
their Blocker Equities to the purchaser in a Transfer if such terms and conditions are less favorable that the terms (including price) that would have applied to such Blocker if such Blocker had sold its Units. 

(b) Notwithstanding anything to the contrary herein, in exchange for the rights granted to Oak, Kinnevik and Town Hall Ventures in
Section 8.9(a), Oak and each other holder of Oak Equities, Kinnevik and each holder of Kinnevik Equities and Town Hall Ventures and each holder of Town Hall Ventures Equities agree to enter into a stockholders agreement
with each such New Blocker Stockholder so that such New Blocker Stockholder shall be afforded the same rights, preferences and privileges that would have been afforded to such New Blocker Stockholder had such New Blocker Stockholder been allowed to
purchase Units in the Company as opposed to Blocker Equities. Additionally, Oak and each other holder of Oak Equities, Kinnevik and each holder of Kinnevik Equities and Town Hall Ventures and each holder of Town Hall Ventures Equities, as the case
may be, agree to use their respective commercially reasonable efforts to equitably determine the number of shares of Blocker Equities to be sold to such New Blocker Stockholder in connection with any such Transfer pursuant to
Section 8.9(a) based on the implied total equity valuation of the Company in the proposed sale to the New Blocker Stockholder. 

8.10 Covenants of Blockers. Oak Blocker was formed on or about August 5, 2015 solely to own Preferred Units on behalf of Oak. From
and after September 15, 2015, Oak Blocker (x) has not engaged or will engage in any material business activities other than (i) ownership of Units owned by Oak Blocker, (ii) activities incidental to maintenance of its corporate
existence or (iii) performance of its obligations under the provisions hereof and the covenants set forth in this Section 8.10 or (y) shall not (1) own any assets or any equity interests in any Person (other
than Units owned by Oak Blocker), (2) employ or contract with any Person (other than being a party to this Agreement) or (3) incur any funded indebtedness or other liabilities of any kind except for unpaid taxes (that are current taxes not yet
due and payable) attributable to its ownership of Units and other than pursuant to this Agreement and incidental and de minimis payment obligations incurred in connection with maintaining its corporate existence. In addition, after the date hereof,
Oak Blocker may not issue any additional shares of its capital stock to any current or prospective stockholders. Kinnevik Blocker was formed on or about July 25, 2019 solely to own Units on behalf of Kinnevik. From and after the date hereof,
Kinnevik Blocker (x) has not engaged or will engage in any material business activities other than (i) ownership of Preferred Units owned by Kinnevik Blocker, (ii) activities incidental to maintenance of its corporate existence or
(iii) performance of its obligations under the provisions hereof and the covenants set forth in this Section 8.10 or (y) shall not (1) own any assets or any equity interests in any Person (other than Units
owned by Kinnevik Blocker), (2) employ or contract with any Person (other than being a party to this Agreement) or (3) incur any funded indebtedness or other liabilities of any kind except for unpaid taxes (that are current taxes not yet due
and payable) attributable to its ownership of Units and other than pursuant to this Agreement and incidental and de minimis payment obligations incurred in connection with maintaining its corporate existence. In addition, after the date hereof, any
issuance of additional shares of capital stock of Kinnevik Blocker to any current or prospective stockholders shall be subject to Section 8.3(d). Town Hall Ventures Blocker was formed on or about August 12, 2019 solely
to own Units on behalf of Town Hall Ventures. From and after the date hereof, Town Hall Ventures Blocker (x) has not engaged or will engage in any material business activities other than (i) ownership of Units owned by Town Hall Ventures
Blocker, (ii) activities incidental to maintenance of its corporate existence or (iii) performance of its obligations under the provisions hereof and the covenants set forth in this Section 8.10 or (y) shall
not (1) own any assets or any equity interests in any Person (other than Units owned by Town Hall Ventures Blocker), (2) employ or contract with any Person (other than being a party 

  
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to this Agreement) or (3) incur any funded indebtedness or other liabilities of any kind except for unpaid taxes (that are current taxes not yet due and payable) attributable to its
ownership of Preferred Units and other than pursuant to this Agreement and incidental and de minimis payment obligations incurred in connection with maintaining its corporate existence. In addition, after the date hereof, any issuance of additional
shares of capital stock of Town Hall Ventures Blocker to any current or prospective stockholders shall be subject to Section 8.3(d). 

ARTICLE IX 
 CONVERSION
TO CORPORATION 
 9.1 Conversion to a Corporation in connection with a Qualified IPO. Notwithstanding anything to the contrary
contained in this Agreement (other than Section 5.1(r)(v) and the other provisions of this Article IX), immediately prior to the effectiveness of a registration statement under the Securities Act in connection with
the listing of the shares of common stock of VMD Corporation on a National Securities Exchange in connection with a Qualified IPO (the “Effective Time”), the Company shall convert to a corporation, or shall otherwise be reorganized
(whether through member exchange or otherwise), so that the Company becomes wholly owned or controlled by a corporation (in either such case, such new corporation is referred to herein as the “VMD Corporation”), which such
conversion or reorganization may be accomplished in the manner specified by the IPO Committee or, if the IPO Committee is not authorized to act, by the Board with Special Board Approval, through one or more transactions or structures (which may
include one or more Members being permitted to contribute its Units, or its interest in the entity holding such Units, to the VMD Corporation). The Company shall notify the Members (including at least twenty (20) days prior to the
Company’s good faith estimate of the date of the effectiveness of a registration statement under the Securities Act with respect to such Qualified IPO) of any such conversion or reorganization, and the Members and holders of Unit Equivalents
will (a) cooperate with the Board in all respects in such conversion or reorganization and enter into any transaction (including any exchange or transfer of Units) required to effect such conversion or reorganization, (b) vote their Units
in favor of any such transaction required to consummate such conversion or reorganization, if requested by the Board and not exercise any dissenter’s rights or rights to seek an appraisal under Delaware law in connection with such conversion or
and (c) execute all agreements, documents, consents and instruments reasonably required by the Board consistent with this Section 9.1. Commercially reasonable efforts shall be used to form the VMD Corporation on a tax
free basis to the Members. For the avoidance of doubt, the foregoing obligation to use commercially reasonable efforts shall require the Company to reasonably consult with Walgreens and its tax advisors in planning for and structuring any such
Qualified IPO. To the extent reasonably practicable, the formation of the VMD Corporation (but prior to giving effect to the consummation of a Qualified IPO) shall be done in a manner that protects the economic and governance rights of the Members,
such that each Member retains the same (or substantially equivalent) economic interests in the VMD Corporation as they held in the Company, continues to have the same (or substantially equivalent) relative rights, privileges, preferences,
contractual and governance rights and obligations relating to such economic interests as they had relative to their economic interests in the Company and has the same (or substantially equivalent) voting rights, consent rights and covenant
protections that they enjoy with respect to the Company; provided that it is agreed that a conversion in accordance with Section 9.2 does not violate such requirement. 

9.2 Conversion of Units. Subject to Section 5.1(r)(v) and the other provisions of this Article IX,
upon such conversion or reorganization, the Units will be converted into stock of the VMD Corporation on the following terms or on such other terms as the IPO Committee, and if the IPO Committee is not authorized to act, as the Board, determines to
be necessary or desirable (it 

  
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being agreed that, notwithstanding the succeeding subsections, the IPO Committee or the Board, as the case may be, may determine that, in connection with such conversion or reorganization,
certain Units need not be converted into stock of the VMD Corporation): 
 (a) Preferred Units. Subject to and effective immediately
prior to the Effective Time, (i) the Company’s outstanding Class A Preferred Units will be converted into shares of common stock of the VMD Corporation (“Common Stock”), mutatis mutandis, on the terms
set forth in Section 3.8 as if the Class A Preferred Units were converted into Common Units immediately prior to the conversion of the Company, (ii) the Company’s outstanding Class B Preferred Units will
be converted into shares of Common Stock, mutatis mutandis, on the terms set forth in Section 3.8 as if the Class B Preferred Units were converted into Common Units immediately prior to the conversion of
the Company, (iii) the Company’s outstanding Class C Preferred Units will be converted into shares of Common Stock, mutatis mutandis, on the terms set forth in Section 3.8 as if the Class C
Preferred Units were converted into Common Units immediately prior to the conversion of the Company and (iv) the Company’s outstanding Class D Preferred Units will be converted into shares of Common Stock, mutatis
mutandis, on the terms set forth in Section 3.8 as if the Class D Preferred Units were converted into Common Units immediately prior to the conversion of the Company; provided that, to the extent that the
value (based on the valuation implied by the price per share to the public in the Qualified IPO) of the number of shares of Common Stock to be received by any Member with respect to its Preferred Units exceeds the Unreturned Capital Contributions of
such Member with respect to such Preferred Units (such excess, the “IPO Participating Excess”), such number of shares of Common Stock to be received by such Member shall be reduced by a number of shares of Common Stock with a value
(based on the valuation implied by the price per share to the public in the Qualified IPO) equal to the lesser of (x) the IPO Participating Excess and (y) any Tax Distributions paid to such Member with respect to such Preferred Units
pursuant to Section 4.5 to the extent such Tax Distributions have not been repaid or have not had the effect of reducing the amount otherwise distributable to such Member in accordance with
Section 4.5 as of immediately prior to conversion (“Outstanding Tax Distributions”); provided further that, at the option of any such Member, such Member may (in lieu of having the lesser of
the amount described in clause (x) or (y) of the immediately preceding proviso reduce its entitlement to shares of Common Stock pursuant to the immediately preceding proviso) repay in cash the lesser of the amount described in clause
(x) or (y) of the immediately preceding proviso, plus an amount, as determined in good faith by the Board, of cash interest accruing at a rate of 5% per annum from the date of each such Outstanding Tax Distribution (or portion thereof) through
the date of such conversion. 
 (b) Junior Units. Each Junior Unit will be converted into one unit of Common Stock having the same
designations preferences, privileges or powers and relative, participating, optional or other special rights or qualifications, limitations or restrictions as those applicable to the Junior Units (other than as to matters that reflect inherent
differences between corporate and limited liability company form), provided, however, that Class B Units and Common Profits Units with a Distribution Threshold greater than zero may be converted into a lesser number of units of
Common Stock as adjusted to reflect the differences, if any, in the fair market value of the relevant Class B Unit or Common Profit Unit (as applicable) as compared to the fair market value of a Junior Unit having a Distribution Threshold equal
to zero. In determining the fair market value of a Unit for purposes of the preceding sentence, such value shall be determined based upon the amount each Unit would receive if the Company sold its assets for their fair market value as a going
concern, paid its liabilities and distributed the proceeds in accordance with Section 4.7; provided that, the number of shares of Common Stock to be received by any Member with respect to its Junior Units shall be
reduced by a number of shares of Common Stock with a value (based on the valuation implied by the price per share to the public in the Qualified IPO as determined in good faith by the Board) equal to the

  
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Outstanding Tax Distributions paid to such Member with respect to such Junior Units; provided further that, at the option of any such Member, such Member may (in lieu of having any such
Outstanding Tax Distributions reduce its entitlement to shares of Common Stock pursuant to the immediately preceding proviso) repay in cash the aggregate amount of such Outstanding Tax Distributions previously paid to such Member by the Company
pursuant to Section 4.5 plus an amount, as determined in good faith by the Board, of cash interest accruing at a rate of 5% per annum from the date of each such Outstanding Tax Distribution through the date of such
conversion. 
 9.3 Conversion to Corporation upon Election. 

(a) Notwithstanding anything to the contrary contained in this Agreement, upon the written election of a Majority-in-Interest (including a Preferred Majority Interest unless such conversion is being effected as a condition to the creation of a new class of Units or other equity securities to be issued in
one or more transactions after the Effective Date as part of an equity financing that is approved by the Board), the Company shall convert to the VMD Corporation, which such conversion or reorganization may be accomplished in the manner specified by
the Board through one or more transactions or structures (which shall include each Member being permitted to contribute its Units, or its interest in the entity holding such Units, to the VMD Corporation). The Company shall notify the Members (at
least twenty (20) days prior) of any such conversion or reorganization, and the Members and holders of Unit Equivalents will (a) cooperate with the Board in all respects in such conversion and enter into any transaction required to effect
such conversion, (b) vote their Units in favor of any such transaction required to consummate such conversion, if requested by the Board and not exercise any dissenter’s rights or rights to seek an appraisal under Delaware law in
connection with such conversion and (c) execute all agreements, documents and instruments reasonably required by the Board consistent with this Section 9.3. The formation of the VMD Corporation shall be done on a tax
free basis to the Members and in a manner that protects the economic and governance rights of the holders of Preferred Units, such that each Member retains the same (or substantially equivalent) economic interests in the VMD Corporation as they held
in the Company, continues to have the same (or substantially equivalent) relative rights, privileges, preferences, contractual and governance rights and obligations relating to such economic interests as they had relative to their economic interests
in the Company and has the same (or substantially equivalent) voting rights, consent rights and covenant protections that they enjoy with respect to the Company. 

(b) Conversion of Units. Upon such conversion, the Units will be converted into stock of the VMD Corporation on the following terms:

 (i) Preferred Units. The Company’s outstanding Class A Preferred Units will be converted into shares of
preferred stock of the VMD Corporation having the same designations preferences, privileges or powers and relative, participating, optional or other special rights or qualifications, limitations or restrictions as those applicable to the
Class A Preferred Units (other than as to matters that reflect inherent differences between corporate and limited liability company form). The Company’s outstanding Class B Preferred Units will be converted into shares of preferred
stock of the VMD Corporation having the same designations preferences, privileges or powers and relative, participating, optional or other special rights or qualifications, limitations or restrictions as those applicable to the Class B
Preferred Units (other than as to matters that reflect inherent differences between corporate and limited liability company form). The Company’s outstanding Class C Preferred Units will be converted into shares of preferred stock of the
VMD Corporation having the same designations preferences, privileges or powers and relative, participating, optional or other 

  
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special rights or qualifications, limitations or restrictions as those applicable to the Class C Preferred Units (other than as to matters that reflect inherent differences between corporate
and limited liability company form). The Company’s outstanding Class D Preferred Units will be converted into shares of preferred stock of the VMD Corporation having the same designations preferences, privileges or powers and relative,
participating, optional or other special rights or qualifications, limitations or restrictions as those applicable to the Class D Preferred Units (other than as to matters that reflect inherent differences between corporate and limited
liability company form); provided that, to the extent that the value (based on the fair market value as of the conversion date as determined in good faith by the Board) of the number of shares of preferred stock to be received by any Member
with respect to its Preferred Units exceeds the Unreturned Capital Contributions of such Member with respect to such Preferred Units (such excess, the “Other Participating Excess”), such number of shares of preferred stock to be
received by such Member shall be reduced by a number of shares of preferred stock with a value (based on the fair market value of such preferred stock as of the conversion date as determined in good faith by the Board) equal to the lesser of
(x) the Other Participating Excess and (y) the Outstanding Tax Distributions paid to such Member with respect to such Preferred Units; provided further that, at the option of any such Member, such Member may (in lieu of having the lesser
of the amount described in clause (x) or (y) of the immediately preceding proviso reduce its entitlement to shares of preferred stock pursuant to the immediately preceding proviso) repay in cash the lesser of the amount described in clause
(x) or (y) of the immediately preceding proviso, plus an amount, as determined in good faith by the Board, of cash interest accruing at a rate of 5% per annum from the date of each such Outstanding Tax Distribution (or portion thereof) through
the date of such conversion. 
 (ii) Junior Units. Each Junior Unit will be converted into one share of Common Stock
having the same designations preferences, privileges or powers and relative, participating, optional or other special rights or qualifications, limitations or restrictions as those applicable to the Junior Units (other than as to matters that
reflect inherent differences between corporate and limited liability company form), provided, however, that Class B Units and Common Profits Units with a Distribution Threshold greater than zero may be converted into a lesser
number of units of Common Stock as adjusted to reflect the differences, if any, in the fair market value of the relevant Class B Unit or Common Profits Unit (as applicable) as compared to the fair market value of a Junior Unit having a
Distribution Threshold equal to zero. In determining the fair market value of a Unit for purposes of the preceding sentence, such value shall be determined based upon the amount each Unit would receive if the Company sold its assets for their fair
market value as a going concern, paid its liabilities and distributed the proceeds in accordance with Section 4.7; provided that, the number of shares of Common Stock to be received by any Member with respect to its
Junior Units shall be reduced by a number of shares of Common Stock with a value (based on the fair market value of such Common Stock as of the conversion date as determined in good faith by the Board) equal to the Outstanding Tax Distributions paid
to such Member with respect to such Junior Units; provided further that, at the option of any such Member, such Member may (in lieu of having any such Outstanding Tax Distributions reduce its entitlement to shares of Common Stock pursuant to the
immediately preceding proviso) repay in cash the aggregate amount of such Outstanding Tax Distributions previously paid to such Member by the Company pursuant to Section 4.5 plus an amount, as determined in good faith by
the Board, of cash interest accruing at a rate of 5% per annum from the date of each such Outstanding Tax Distribution through the date of such conversion. 

  
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 9.4 Termination of Agreement; Continuation of Specified Terms. Upon reorganization or
conversion to corporate form pursuant to this Article IX, the rights and obligations of the Members under this Agreement shall terminate, except that the VMD Corporation shall cause its Organizational Documents and other governing documents
to contain and shall enter into an agreement with the Founders and Walgreens (and the Founders and Walgreens shall enter into such agreement with the VMD Corporation) which shall apply, mutatis mutandis, all of the provisions of this
Agreement to the VMD Corporation (except to the extent that the terms or provisions of such agreements are made expressly inapplicable following a Qualified IPO), with such revisions that are necessary for the corporate form. Following a Qualified
IPO, (i) the provisions of this Agreement shall not be applicable to the VMD Corporation except for Section 3.4, Section 4.8, Article V (other than Sections 5.1(d) and
(k)), Section 6.7, Section 6.8, Section 6.9, Section 7.6, Section 7.7, Section 7.8,
Section 7.9, Section 8.8, Section 11.3, Section 12.5 and Section 12.18(c) (and included definitions) (collectively, the
“Surviving Sections”) and (ii) the Members agree that all actions shall be taken so that such Surviving Sections of this Agreement shall survive any reorganization or conversion pursuant to Article IX and shall be
enforceable by VMD Corporation with respect to any shares of Common Stock held by Members following such any reorganization or conversion pursuant to Article IX. In connection with any such reorganization or conversion, VMD Corporation and
the Founders and Walgreens shall enter into a stockholders’ agreement providing for such terms and conditions as are necessary for the Surviving Sections to continue to apply to VMD Corporation and the Founders and Walgreens, including, but not
limited to, an agreement to vote all shares of capital stock held by the Founders and Walgreens to elect the board of directors of VMD Corporation in accordance with Section 5.1(c), subject to such conforming changes as
deemed necessary in order to account for the conversion to corporate form. To the extent that a Member does not take any actions when requested by the IPO Committee or, if the IPO Committee is not authorized to act, by the Board with Special Board
Approval, in accordance with this Section 9.4, and such Member has breached such Member’s material obligations under this Agreement, each such Member hereby constitutes and appoints the IPO Committee or, if the IPO
Committee is not authorized to act, by the Board with Special Board Approval, as such Member’s true and lawful attorney-in-fact and authorizes such attorney-in-fact to execute on behalf of such Member any and all documents and instruments which such
attorney-in-fact deems necessary and appropriate in connection with effectuating this Section 9.4. The foregoing power of attorney is
irrevocable and is coupled with an interest. 
 9.5 Additional Rights of Blocker. Notwithstanding anything contained in this
Article IX to the contrary, the Company and the Members covenant and agree that, if requested by the Oak Blocker, Kinnevik Blocker and/or Town Hall Ventures Blocker, they shall cause the Corporate Conversion to be structured (i) in such
a manner so as to enable the holders of Blocker Equities to receive (in the aggregate), in exchange for the proportional amount of such securities of such Blocker, directly the number and class of securities of shares of stock of VMD Corporation
that such Blocker would otherwise be entitled to receive pursuant to this Article IX in the absence of such request by such Blocker, (ii) in such a manner so as to afford such holders of the Blocker Equities of such Blocker with the same
rights, preferences, privileges and benefits of restrictions that were afforded to such Blocker under this Agreement immediately prior to the Corporate Conversion, and (iii) in a tax-efficient a manner
for the holders of such Blocker Equities (whether by reorganization, merger of such Blocker into the Company, VMD Corporation or successor corporation, an exchange of Units or otherwise); provided, however, in no event shall any Member
or the Company be liable or otherwise responsible for any taxes that would not have been incurred in lieu of the Corporate Conversion, if any, borne by such Blocker or the holders of securities of such Blocker. 

9.6 Cash Payments. In the event that any Member elects to make a cash repayment pursuant to Sections 9.2(a), 9.2(b),
9.3(b)(i), or 9.3(b)(ii), the Company and each Member electing to make such repayment shall cooperate in good faith in determining the calculation, timing, and tax treatment of such repayment. 

  
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 ARTICLE X 

DISSOLUTION, LIQUIDATION, AND TERMINATION OF THE COMPANY 

10.1 Events of Dissolution. Subject to Section 7.6, the Company shall be dissolved upon the occurrence of any
of the following events: 
 (a) the written agreement of each of (A) the Company, (B) a Majority-in-Interest, and (C) a Preferred Majority Interest; 
 (b) an event which makes it
unlawful for the Company to carry on its business or upon the entry of a decree of judicial dissolution under the Act or by a court of competent jurisdiction; or 

(c) the occurrence of any other event that results in the dissolution of the Company under the Act. 

10.2 Procedure for Winding Up and Dissolution. 

(a) If the Company is dissolved, the Board shall wind up its affairs. On the winding up of the affairs of the Company, the assets of the
Company shall be distributed in the following order of priority: 
 (i) first, (A) to pay the costs and expenses of the
winding up, liquidation and termination of the Company, (B) to creditors of the Company, including any liabilities and obligations payable to the Members or Affiliates of the Members and (C) to establish reserves determined by the Board to
be reasonably adequate to meet any and all contingent or unforeseen liabilities or obligations of the Company; and 
 (ii)
second, to the Members in accordance with Section 4.7. 
 Notwithstanding the foregoing, prior to any assets of
the Company being distributed to a Member, such Member agrees to take any necessary or appropriate action as may be requested by the Board in its sole discretion in furtherance of the winding up the Company’s affairs, including, but not limited
to, the execution and delivery of any agreements, certificates, instruments and other documents requested by the Board. 
 (b) The
provisions of this Agreement shall remain in full force and effect during the period of winding up and shall terminate upon the filing of the certificate of cancellation pursuant to Section 10.3 below. 

(c) Notwithstanding anything to the contrary in this Agreement, upon a liquidation within the meaning of Regulations Section 1.704-1(b)(2)(ii)(g), if any Member has a deficit Capital Account balance (after giving effect to all contributions, distributions, allocations and other Capital Account adjustments for all
taxable years, including the year during which such liquidation occurs), such Member shall have no obligation to make any contribution to the capital of the Company and the deficit balance in such Member’s Capital Account shall not be
considered an asset of the Company or as a debt owed by such Member to the Company or to any other Person for any purpose whatsoever. 

  
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 10.3 Cancellation of Certificate. On completion of the winding up of Company assets
as provided herein, the Company is terminated, and shall file a certificate of cancellation with the Secretary, cancel any other filings made pursuant to Section 2.1 and take such other actions as may be necessary to
terminate the Company. 
 10.4 No Action for Dissolution. The Unit Holders acknowledge that irreparable damage would be done to the
goodwill and reputation of the Company if any Unit Holder should bring an action in court to dissolve the Company. This Agreement has been drawn carefully to provide fair treatment of all parties and equitable payment in liquidation of the interests
of all Unit Holders. Accordingly, each Unit Holder hereby waives and renounces its right to initiate legal action to seek dissolution or to seek the appointment of a receiver or trustee to liquidate the Company. 

ARTICLE XI 
 BOOKS,
RECORDS, ACCOUNTING, AND TAX ELECTIONS 
 11.1 Bank Accounts. All funds of the Company shall be deposited in a bank account or
accounts maintained in the Company’s name. The Board shall determine the institution or institutions at which the accounts will be opened and maintained, the types of accounts, and the Persons who will have authority with respect to the
accounts and the funds therein. 
 11.2 Books and Records. 

(a) The Board shall keep or cause to be kept complete and accurate books and records of the Company and supporting documentation of the
transactions with respect to the conduct of the Company’s business. The records shall include, but not be limited to, a copy of the Certificate of Formation and this Agreement and all amendments to the Certificate of Formation and this
Agreement, a current list of the names and last known business, residence, or mailing addresses of all Members, and the Company’s Federal, state or local tax returns. 

(b) The books and records shall be kept on the cash or accrual method of accounting, as determined from time to time by the Board, and shall
be maintained in accordance with sound accounting practices. 
 (c) All matters concerning (i) the determination of the relative amount
of allocations and distributions among the Members pursuant to Article IV and (ii) accounting procedures and determinations, and other determinations not specifically and expressly provided for by the terms of this Agreement, shall be
determined by the Board, whose determination shall be final and conclusive as to all of the Members absent manifest error. 
 11.3 Annual
Accounting Period. The annual accounting period of the Company shall end on August 31 (or, if ever different, on the date on which the annual accounting period of Walgreens Parent ends). If required pursuant to Treasury Regulations Section 1.706-1(b)(2)(i) (and not, for the avoidance of doubt, the exceptions under Treasury Regulations Section 1.706-1(b)(2)(ii)), the Company’s taxable year
shall end on August 31 (or, if ever different, on the date on which the annual accounting period of Walgreens Parent ends), subject to the requirements and limitations of the Code. 

11.4 Reports. The Company will use its good faith efforts to, within one hundred eighty (180) days after the end of each taxable
year of the Company, send to each Person who was a Member at any time during the taxable year then ended, that tax information concerning the Company which is necessary for preparing the Member’s income tax returns for that year on a timely
basis, including without limitation Schedule(s) K-1 for such year.  

  
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 11.5 Tax Matters Partner; Tax Elections; Tax Returns. 

(a) Timothy M. Barry will continue as the designated “Tax Matters Partner” (as defined in Code Section 6231 as in effect
prior to the enactment of the Bipartisan Budget Act of 2015) for the Company for all taxable periods of the Company beginning on or before December 31, 2017 and Timothy M. Barry will continue as the “Partnership Representative”
for the Company pursuant to Section 6221 through 6241 of the Code for taxable periods of the Company beginning after December 31, 2017, and ending on or prior to the Effective Date, subject to removal by Special Board Approval. Walgreens
is hereby designated as the Partnership Representative for the Company for taxable periods of the Company ending after the Effective Date, subject to removal by the Board at any time that Walgreens and its Affiliates cease to hold a Majority Stake.
Each Member hereby approves of such designation and acknowledges and agrees that the Tax Matters Partner or the Partnership Representative, as applicable, is authorized to represent the Company (at the Company’s expense) in connection with all
examinations of the Company’s affairs by tax authorities, including resulting administrative and judicial proceedings, and to expend Company funds for professional services and costs associated therewith. Each Member agrees to cooperate with
the Tax Matters Partner or Partnership Representative, as applicable, and to do or refrain from doing any or all things reasonably requested by the Tax Matters Partner or Partnership Representative, as applicable, with respect to the conduct of such
proceedings. Subject to Special Board Approval with respect to any material tax deficiency, the Tax Matters Partner or Partnership Representative, as applicable, will have discretion to determine whether the Company (either in its own behalf or on
behalf of the Members) will contest or continue to contest any tax deficiencies assessed or proposed to be assessed by any taxing authority. Any deficiency for taxes imposed on any Member (including penalties, additions to tax or interest imposed
with respect to such taxes) will be paid by such Member, and if required to be paid (and actually paid) by the Company, will be recoverable from such Member as provided in Section 4.8. Without limiting the generality of the
foregoing, (i) the Partnership Representative shall be entitled to cause the Company to elect the application of Section 6226 of the Code with respect to any imputed underpayment or make any other decision or election, or take any action
pursuant to Sections 6221 through 6235 and 6241 of the Code; provided that any election pursuant to Section 6226 of the Code and any other decision, election or action described in this clause (i) with respect to material taxes or that
could reasonably be expect to result in a material effect on any Member’s tax liability shall be subject to Special Board Approval and, if such effect is materially disproportionate to any Notice Member, to the consent of such Notice Member
(such consent not to be unreasonably withheld, conditioned or delayed), (ii) if any audit results in an imputed underpayment by the Company and the election pursuant to Section 6226(a) of the Code is made, each Member shall take the applicable
adjustment into account as required under Section 6226(b) of the Code and shall be liable for any related interest, penalty, addition to tax, or other additional amount, and (iii) each Member shall indemnify and hold harmless the Company
for any losses it incurs in connection therewith consistent with Section 4.8. The Company shall reimburse the Tax Matters Partner or Partnership Representative, as applicable, for any and all reasonable out-of-pocket expenses (including legal and accounting fees) incurred by the Tax Matters Partner or Partnership Representative, as applicable (or any of their respective
Affiliates) in connection with any tax matters related to the Company, including, without limitation, any matters related to the fulfillment of its duties under this Section 11.5(a). The provisions of this
Section 11.5(a) shall survive the termination of any Member’s interest in the Company, the termination of this Agreement and the termination of the Company and shall remain binding on each Member for the period of time
necessary to resolve with the U.S. Internal Revenue Service all federal income tax matters relating to the Company. 

  
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 (b) If, as a result of a determination by any taxing authority or adjudicative body, there
is any adjustment for purposes of any tax law to any items of income, gain, loss, deduction or credit of the Company for any taxable period, the Company shall use commercially reasonable efforts to cause the financial burden of any imputed
underpayment and associated interest, adjustments to tax and penalties arising from a partnership-level adjustment that are imposed on the Company to be borne by the Members and former Members to whom such imputed underpayment relates as determined
by the Tax Matters Partner or Partnership Representative, as applicable, after consulting with the Company’s accountants or other advisors, taking into account any differences in the amount of taxes attributable to each Member because of such
Member’s status, nationality or other characteristics. 
 (c) The Tax Matters Partner or the Partnership Representative, as applicable,
shall keep each of Kinnevik, Oak, Walgreens, the Founders and any other Member who has a Fully Diluted Ownership Percentage of at least 10% (each, a “Notice Member”) timely informed by written notice of the commencement of any
material income tax audit, investigation, claim, controversy or other proceeding with respect to the Company (each, an “Audit”), as well as, upon request of a Notice Member, the material developments and status of any Audit, and
shall notify each Notice Member, in writing, within ten (10) days of receiving a notice of final partnership adjustment (or equivalent under applicable laws) or a final decision of a court or IRS Appeals panel (or equivalent under applicable
laws) with respect to any Audit. The Tax Matters Partner or the Partnership Representative, as applicable, shall promptly provide each Notice Member with copies of all material correspondence between the Company or the Tax Matters Partner or
Partnership Representative and the IRS (or other applicable taxing authority or tribunal) in connection with such Audit. The obligations of the Tax Matters Partner or Partnership Representative to inform a Notice Member and provide copies of
correspondence shall not extend to routine or minor events. 
 (d) The Tax Matters Partner or Partnership Representative, as applicable, may
make any tax elections for the Company allowed under the Code, or the tax laws of any state or other jurisdiction having taxing jurisdiction over the Company, subject to a Special Board Approval if such tax election is a material election. For
taxable years or periods that end after the Effective Date, the Company shall provide to the Partnership Representative for review and approval (such approval not to be unreasonably withheld or delayed) drafts of all U.S. federal income and other
material tax returns required to be filed by or with respect to the Company and its Subsidiaries, provided that, the Partnership Representative shall only have review and comment rights with respect to the timing of the disguised sale described in
Section 5.5(c) of the Class D Purchase Agreement. Such tax returns shall be provided to the Partnership Representative as soon as practicable after the end of each such taxable year or period, and in any event within one hundred
eighty (180) days after the end of such taxable year or period. 
 (e) From and after the date of this Agreement, the Company shall
consult with the Partnership Representative, and the Partnership Representative shall have the right to review and approve (such approval not to be unreasonably withheld or delayed), the tax treatment and tax structure of any material acquisition or
disposition of the businesses or assets of the Company or its Subsidiaries that has a purchase or sale price greater than $75 million (for purposes of this sentence the term “purchase or sale price” includes the fair market value of
any property transferred, including equity interest in the Company, for such acquired or disposed of businesses or assets). 
 (f) The
Company’s selection and engagement of tax or accounting firms or advisors shall be made in accordance with and subject to the Audit Committee’s approval, Public Company Accounting Oversight Board ethics and independence rules and standards
and any applicable exchange rules and law. 

  
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 (g) Each Member shall provide to the Company such forms, documentation and other information
as the Partnership Representative may reasonably request in order for the Company to file tax returns and to comply with any tax information reporting obligations or tax withholding obligations of the Company. Without limiting the generality of the
foregoing, unless otherwise provided by the Board, each Member shall, on or before the date that it becomes a Member, provide to the Company a complete and duly executed IRS Form W-9 evidencing its status as a
United States person for U.S. federal income tax purposes. 
 (h) Notwithstanding anything to the contrary in this Agreement, any
determination of whether an adjustment to the Gross Asset Value of the Company’s assets pursuant to clause (b) or clause (d) of the definition of Gross Asset Value shall be made with respect to the taxable year of the Company ending
on December 31, 2021 and, if different, the taxable year that includes the conversion of the Class C-3 Convertible Note shall be subject to Special Board Approval; provided, that no such Special
Board Approval is needed with respect to the conversion of the Class C-3 Convertible Note pursuant to Section 7.25 of the Class D Purchase Agreement or the contribution by Walgreens described in
Section 5.5(c)(ii) of the Class D Purchase Agreement. 
 11.6 Title to Company Property. All real and personal property
acquired by the Company shall be acquired and held by the Company in its name. 
 ARTICLE XII 

GENERAL PROVISIONS 
 12.1
Further Assurances. Each Member shall execute all such certificates and other documents and shall do such filing, recording, publishing and other acts as the Board deems reasonably necessary to comply with the requirements of law for the
formation and operation of the Company and to comply with any laws, rules, and regulations relating to the acquisition, operation, or holding of the property of the Company. 

12.2 Notifications. Except as otherwise provided in this Agreement, any notice, demand, consent, election, offer, approval, request, or
other communication (collectively, a “notice”) required or permitted hereunder must be in writing and either delivered personally, sent by certified or registered mail, postage prepaid, return receipt requested, sent by facsimile or
sent by recognized overnight delivery service. A notice must be addressed to a Member at the Member’s last known address (or facsimile number) on the records of the Company. A notice to the Company must be addressed to the Company at the
Company’s principal office (or facsimile number). A notice delivered personally will be deemed given only when acknowledged in writing by the person to whom it is delivered. A notice that is sent by mail will be deemed given three
(3) business days after it is mailed. A notice sent by facsimile will be deemed given on the next business day after the date of such delivery so long as a copy also is sent by other means permitted hereunder. A notice sent by recognized
overnight delivery service will be deemed given when received or refused. Any party may designate, by notice to all of the others, substitute addresses or addressees for notices; and, thereafter, notices are to be directed to those substitute
addresses or addressees. 
 12.3 Specific Performance. The parties recognize that irreparable injury will result from a breach of any
provision of this Agreement and that money damages will be inadequate to fully remedy the injury. Accordingly, in the event of a breach or threatened breach of one or more of the provisions of this Agreement, any party to this Agreement who may be
injured (in addition to any other rights and remedies that may be available to such Person under this Agreement, any other agreement or under any law) shall be entitled (without posting a bond or other security) to one or more preliminary or
permanent orders (i) restraining and enjoining any act which would constitute a breach or (ii) compelling the performance of any obligation which, if not performed, would constitute a breach. 

  
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 12.4 Amendment; Waivers. 

(a) Except as otherwise set forth in this Agreement (including Sections 3.10 and 7.6 above and clause (b) below), neither
this Agreement nor any term hereof may be amended, waived, discharged or terminated, except by a written instrument signed by (i) the Company and (ii) a
Majority-in-Interest. Notwithstanding the foregoing, the Board may unilaterally amend this agreement merely to update Exhibit A hereto, and each such amendment
and/or termination shall not be otherwise subject to this Section 12.4. 
 (b) Except as otherwise expressly set
forth herein, any such amendment, waiver or modification shall be binding on all Members; provided, however, that: 

(i) no amendment, waiver or modification of this Agreement which specifically and disproportionately discriminates (or has the
substantial effect of specifically and disproportionately discriminating) against any individual Member relative to all other Members shall be binding on such Member without the written consent of such Member; 

(ii) no amendment, modification or waiver of this Agreement shall be binding upon a Member without such Member’s consent
if such amendment, modification or waiver (A) increases or extends (or would reasonably be expected to increase or extend) any financial obligation of such Member beyond that set forth herein (including by way of requiring loans by such Member
to the Company); (B) increases the Capital Contributions required to be made by such Member beyond the Capital Contribution made by such Member on the date hereof; or (C) modifies the limited liability of such Member; 

(iii) no amendment, waiver or modification of this Agreement which specifically and disproportionately discriminates (or has
the substantial effect of specifically and disproportionately discriminating) against the Class A Preferred Unit Holders as a class and in their capacities as such relative to all other Preferred Unit Holders shall be binding on the
Class A Preferred Unit Holders without the written consent of the Class A Preferred Majority Interest; 
 (iv) no
amendment, waiver or modification of this Agreement which specifically and disproportionately discriminates (or has the substantial effect of specifically and disproportionately discriminating) against the Class B Preferred Unit Holders as a
class and in their capacities as such relative to all other Preferred Unit Holders shall be binding on the Class B Preferred Unit Holders without the written consent of the Class B Preferred Majority Interest; 

(v) no amendment, waiver or modification of this Agreement which specifically and disproportionately discriminates (or has the
substantial effect of specifically and disproportionately discriminating) against the Class C Preferred Unit Holders as a class and in their capacities as such relative to all other Preferred Unit Holders shall be binding on the Class C
Preferred Unit Holders without the written consent of the Class C Preferred Majority Interest; 

  
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 (vi) no amendment, waiver or modification of this Agreement which
specifically and disproportionately discriminates (or has the substantial effect of specifically and disproportionately discriminating) against the Class D Preferred Unit Holders as a class and in their capacities as such relative to all other
Preferred Unit Holders shall be binding on the Class D Preferred Unit Holders without the written consent of Walgreens; 

(vii) Section 3.9, (to the extent related to Oak), 8.4(d) (to the extent related to Oak or Oak Blocker),
8.6(c) (to the extent related to Oak or Oak Blocker), 8.9, 8.10 (to the extent related to Oak or Oak Blocker), 9.5, 11.5(c) or 12.5 or any other section of this Agreement which specifically references Oak or
Oak Blocker (including this clause (vii) of Section 12.4(b) (or any defined term used in such sections)) may not be amended or waived without the prior written consent of Oak, provided that, notwithstanding the
foregoing, Oak’s consent shall not be required for any such amendment that is made solely to add additional blocker entities; 

(viii) Section 3.9 (to the extent related to Kinnevik or Kinnevik Blocker), 5.1(c)(i) (to the extent related to
Kinnevik or Kinnevik Blocker), 8.4(d) (to the extent related to Kinnevik or Kinnevik Blocker), 8.6(c) (to the extent related to Kinnevik or Kinnevik Blocker), 8.9, 8.10 (to the extent related to Kinnevik or Kinnevik
Blocker), 9.5, 11.5(c), 12.5 or any other section of this Agreement which specifically references Kinnevik or Kinnevik Blocker (including this clause (viii) of Section 12.4(b) (or any defined term
used in such sections)) may not be amended or waived without the prior written consent of Kinnevik; provided that, notwithstanding the foregoing, Kinnevik’s consent shall not be required for any such amendment that is made solely to add
additional blocker entities; 
 (ix) Section 3.9 (to the extent related to Town Hall Ventures or Town Hall
Ventures Blocker), 8.4(d) (to the extent related to Town Hall Ventures or Town Hall Ventures Blocker), 8.6(c) (to the extent related to Town Hall Ventures or Town Hall Ventures Blocker), 8.9, 8.10 (to the extent related
to Town Hall Ventures or Town Hall Ventures Blocker) or 9.5 or any other section of this Agreement which specifically references Town Hall Ventures or Town Hall Ventures Blocker (including this clause (ix) of
Section 12.4(b) (or any defined term used in such sections)) may not be amended or waived without the prior written consent of Town Hall Ventures provided that, notwithstanding the foregoing, Town Hall Ventures’
consent shall not be required for any such amendment that is made solely to add additional blocker entities; 
 (x)
Section 3.2(c) (to the extent related to Class C Preferred Units or Class D Preferred Units), 3.3(e), 3.4, 5.1(c)(ii), 5.1(e)(ii), 5.1(f)(ii), 5.1(i), 5.1(r), 5.1(s) (to the
extent related to Walgreens), 6.8, 6.9, 7.6, 7.7, 7.8, 7.9, 7.10, 8.3(d) (to the extent related to Walgreens), 9.4, 11.3, 11.5(c), 12.5, 12.18(c) or any other
section of this Agreement which specifically references Walgreens (including this clause (x) of Section 12.4(b) (or any defined term used in such sections)), the definitions of
“Class C-1 Original Issue Price,” “Class C-2 Original Issue Price”, “Class C-3 Original
Issue Price,” and “Class D Original Issue Price” and the definition of “Redemption” may not be amended or waived without the prior written consent of Walgreens; provided that, notwithstanding the foregoing,
Walgreens’ consent shall not be required for any such amendment that is made solely to add additional blocker entities; provided further that, notwithstanding the foregoing, Walgreens’ consent shall not be required for any
such amendment or waiver of Sections 6.8 or 6.9 if such amendment or waiver would not adversely affect Walgreens’ rights under such section; 

  
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 (xi) Clause (iii) of Section 12.4(b), the
last sentence of Section 8.4(b) (to the extent related to the Class A Preferred Unit Holders) or this clause (xi) of Section 12.4(b) (or any defined term used in such sections) may not be
amended or waived without the prior written consent of a Class A Preferred Majority Interest; 
 (xii) Clause
(iv) of Section 12.4(b), the last sentence of Section 8.4(b) (to the extent related to the Class B Preferred Unit Holders) or this clause (xii) of
Section 12.4(b) (or any defined term used in such sections) may not be amended or waived without the prior written consent of a Class B Preferred Majority Interest; 

(xiii) the last sentence of Section 8.4(b) (to the extent related to the Class C Preferred Unit
Holders), clause (v) of Section 12.4(b) or this clause (xiii) of Section 12.4(b) (or any defined term used in such sections) may not be amended or waived without the prior written consent
of a Class C Preferred Majority Interest; 
 (xiv) the last sentence of Section 8.4(b) (to the
extent related to the Class D Preferred Unit Holders), clause (vi) of Section 12.4(b) or this clause (xiv) of Section 12.4(b) (or any defined term used in such sections) may not be
amended or waived without the prior written consent of Walgreens; 
 (xv) Section 3.8, or 7.10, or this clause
(xiv) of Section 12.4(b) (or any defined term used in such sections) may not be amended or waived without the prior written consent of Preferred Majority Interest; 

(xvi) Section 4.5-4.7, 6.7(e), 6.7(f), 6.8, 7.2, 8.3-8.6, 10.1, 10.2 or 11.5 or Article IX (or any defined term used in such sections or article) may not be amended or waived without the prior written consent of a Preferred Majority
Interest unless such amendment or waiver is adopted pursuant to Section 12.4(a) to the extent reasonably necessary to make any purchasers of any new class of Units or other equity securities issued in
one or more transactions after the Effective Date, as approved by the Board, parties hereto as Members and to include in this Agreement such Units or other securities so issued and purchased and any rights, preferences and privileges afforded to the
holders of such Units or other securities; 
 (xvii) Neither Section 6.8 nor 6.9 may be
amended or waived without the prior consent of Anthem if such amendment or waiver adversely affects Anthem’s rights under such section; 

(xviii) Section 3.3 may not be amended or waived without Special Board Approval; and 

(xix) no amendment, waiver or modification of this Agreement which specifically and disproportionately discriminates (or has
the substantial effect of specifically and disproportionately discriminating) against the Founders as a group relative to all other Members shall be binding on the Founders without the written consent of the Appointing Founders. 

12.5 Indemnification. 

(a) Right to Indemnification. Subject to the limitations and conditions as provided in this Section 12.5,
each Member, Director and/or Officer, the Tax Matters Partner and the Partnership Representative (a “Covered Person”) who was or is made a party or is threatened to be made a party 

  
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to or is involved in any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative, arbitrative or investigative (a “Proceeding”), or
any appeal in such a Proceeding or any inquiry or investigation that could lead to such a Proceeding, by reason of the fact that such Person is or was a Covered Person, was a party in an individual capacity to any document by which any of the
transactions to which the Company and/or its Subsidiaries were a party were effected, or while a Covered Person is or was serving at the request of the Company as a member, director, officer, partner, venturer, proprietor, trustee, employee, agent,
or similar functionary of another foreign or domestic limited liability company, corporation, partnership, joint venture, sole proprietorship, trust, employee benefit plan or other enterprise, shall be indemnified by the Company against all costs,
fees and expenses, including reasonable attorneys’ costs and fees, the costs and expenses of investigation, and judgments and amounts paid in settlement actually and reasonably incurred in connection with such action, suit or proceeding, if
such Covered Person’s actions or omissions did not constitute fraud, bad faith, gross negligence or willful misconduct. 
 (b)
Advance Payment. The right to indemnification conferred in this Section 12.5 shall include the right to be paid or reimbursed by the Company the reasonable costs, fees and expenses incurred by a Covered Person who
was, is or is threatened to be made a named defendant or respondent in a Proceeding in advance of the final disposition of the Proceeding and without any determination as to the Covered Person’s ultimate entitlement to indemnification;
provided, however, that the payment of such costs, fees and expenses incurred by any such Covered Person in advance of the final disposition of a Proceeding shall be made only upon delivery to the Company of a written affirmation by
such Covered Person of such Covered Person’s good faith belief that he has met the standard of conduct necessary for indemnification under this Section 12.5 and a written undertaking, by or on behalf of such Covered
Person, to promptly repay all amounts so advanced if it shall ultimately be determined that such indemnified Covered Person is not entitled to be indemnified under this Section 12.5 or otherwise. 

(c) Exculpation. No Covered Person shall be liable to the Company or any of its Subsidiaries or any other Covered Person for any loss,
damage, or claim incurred by reason of any action taken or omitted to be taken by such Covered Person in his, her, or its capacity as a Covered Person, so long as such action or omission does not constitute fraud, bad faith, gross negligence or
willful misconduct by such Covered Person. A Covered Person shall be fully protected in relying in good faith upon the records of the Company and its Subsidiaries and upon such information, opinions, reports, or statements (including financial
statements and information, opinions, reports, or statements as to the value or amount of the assets, liabilities, income or losses of the Company and its Subsidiaries or any facts pertinent to the existence and amount of assets from which
distributions might properly be paid) of the following Persons or groups: (i) another Director; (ii) one or more Officers or employees of the Company and its Subsidiaries; (iii) any attorney, independent accountant, appraiser, or
other expert or professional employed or engaged by or on behalf of the Company; or (iv) any other Person selected in good faith by or on behalf of the Company, in each case as to matters that such relying Person reasonably believes to be
within such other Person’s professional or expert competence. The preceding sentence shall in no way limit any Person’s right to rely on information to the extent provided in the Act. 

(d) Primary Obligation. The Company acknowledges and agrees that while under certain circumstances an individual who is a entitled to
indemnification of advancement under this Section 12.5 may be entitled to indemnification and expense advancement and/or reimbursement from Oak and/or its Affiliates, Kinnevik and/or its Affiliates or Walgreens and/or its
Affiliates in connection with claims made against such individual, the obligations of the Company hereunder with respect to any claim are primary to any obligations of Oak and/or its Affiliates, Kinnevik and/or its

  
 72 

 
Affiliates or Walgreens and/or its Affiliates as the case may be, with respect thereto and such individual will not be obligated to seek indemnification from or expense advancements or
reimbursement by Oak and/or its Affiliates, Kinnevik and/or its Affiliates or Walgreens and/or its Affiliates, as applicable, with respect to any claim. In addition, (i) the Company, on behalf of itself and any insurers providing liability
insurance, hereby waives any rights of contribution or subrogation or any other right from or against Oak and/or its Affiliates, Kinnevik and/or its Affiliates or Walgreens and/or its Affiliates and every insurer providing liability insurance to Oak
and/or its Affiliates, Kinnevik and/or its Affiliates or Walgreens and/or its Affiliates and/or such individual with respect to any claim, and (ii) the Company acknowledges and agrees that if Oak and/or its Affiliates, Kinnevik and/or its
Affiliates or Walgreens and/or its Affiliates provides indemnification, expense advancement, expense reimbursement or otherwise to an individual with respect to any liabilities, Oak and/or its Affiliates, Kinnevik and/or its Affiliates or Walgreens
and/or its Affiliates, as the case may be, shall be subrogated to the extent of such payment to all rights of recovery of such individual under this Agreement or the Certificate of Formation, as applicable. Oak and/or its Affiliates, Kinnevik and/or
its Affiliates or Walgreens and/or its Affiliates is an intended third party beneficiary of this Agreement and the Company agrees to take such further action as may be requested by an individual or Oak and/or its Affiliates, Kinnevik and/or its
Affiliates or Walgreens and/or its Affiliates to effectuate the contractual arrangement between the Company and the individual and Oak and/or its Affiliates, Kinnevik and/or its Affiliates or Walgreens and/or its Affiliates as set forth herein. 

(e) Indemnification of Employees and Agents. In the discretion of the Board, the Company may indemnify and advance costs, fees and
expenses to any employee or agent of the Company and its Subsidiaries to the same extent and subject to the same conditions under which it must indemnify and advance expenses to Covered Persons under Section 12.5(a) and
(b). 
 (f) Certain Procedures. Notwithstanding the foregoing provisions of this
Section 12.5: 
 (i) No advance shall be made by the Company to an Officer who is also an employee
of the Company or a Subsidiary in any Proceeding if a determination is reasonably and promptly made by the Board, that the facts known to the decision-making party at the time such determination is made demonstrate by a preponderance of the evidence
that such Person acted in bad faith or in a manner that such Person did not believe to be in or not opposed to the best interests of the Company. 

(ii) The Company shall have the right to (A) offset against any advancement to an Officer who is also an employee of the
Company an amount equal to the amount reasonably claimed by the Company or its Subsidiaries in any claims or counter-claims asserted or reasonably expected to be asserted by the Company or its Subsidiaries against such Officer and/or
(B) reasonably require the posting of a bond or security interest to secure all or a portion of the repayment of the advancement to such Officer. 

(iii) The Company shall have the right to require detailed itemization of expenses incurred on behalf of such Officer, with
such expenses presented separately from expenses which are not entitled to advancement hereunder, and with adequate supporting documentation. 

(g) Limitations on Indemnification. Notwithstanding anything to the contrary contained in this Section 12.5,
no Person shall be entitled to indemnification under this Section 12.5 if any such indemnification shall be determined by a court of competent jurisdiction in a final, non-appealable
ruling to be contrary to applicable law or if it is determined by a court of competent jurisdiction in a final, non-appealable ruling that such Covered Person is not entitled to indemnification because such
Covered Person’s actions or omissions constituted fraud, bad faith, gross negligence or willful misconduct. 

  
 73 

 (h) Saving Clause. If this Section 12.5 or any portion
hereof or any portion hereof shall be invalidated on any ground by an arbitration panel or a court of competent jurisdiction in a final, non-appealable ruling, then the Company shall nevertheless indemnify and
hold harmless each Covered Person as to costs, charges and expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement with respect to any action, suit or proceeding, whether civil, criminal, administrative or
investigative to the full extent permitted by any applicable portion of this Section 12.5 that shall not have been invalidated and to the fullest extent permitted by applicable law. 

12.6 Exercise of Contractual Rights. The Company, its Members and the holders of Unit Equivalents recognize, acknowledge and agree that
each of the Members has substantial financial interests in the Company to preserve and that the exercise by them of any of their respective rights under this Agreement or any of other agreements contemplated hereby shall not, per se, be deemed to
constitute a lack of good faith, a breach of fiduciary duties or unfair dealing. 
 12.7 Submission to Jurisdiction.

 (a) Submission to Jurisdiction. EACH OF THE PARTIES HERETO SUBMITS TO THE EXCLUSIVE JURISDICTION OF ANY STATE OR FEDERAL COURT
SITTING IN DELAWARE IN ANY ACTION OR PROCEEDING ARISING OUT OF, OR RELATING TO, THIS AGREEMENT, AGREES THAT ALL CLAIMS IN RESPECT OF THE ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN ANY SUCH COURT AND AGREES NOT TO BRING ANY ACTION OR
PROCEEDING ARISING OUT OF, OR RELATING TO, THIS AGREEMENT IN ANY OTHER COURT. EACH OF THE PARTIES WAIVES ANY DEFENSE OF INCONVENIENT FORUM TO THE MAINTENANCE OF ANY ACTION OR PROCEEDING SO BROUGHT AND WAIVES ANY BOND, SURETY OR OTHER SECURITY THAT
MIGHT BE REQUIRED OF ANY OTHER PARTY WITH RESPECT THERETO. EACH PARTY AGREES THAT SERVICE OF SUMMONS AND COMPLAINT OR ANY OTHER PROCESS THAT MIGHT BE SERVED IN ANY ACTION OR PROCEEDING MAY BE MADE ON SUCH PARTY BY SENDING OR DELIVERING A COPY OF THE
PROCESS TO THE PARTY TO BE SERVED AT THE ADDRESS OF THE PARTY AND IN THE MANNER PROVIDED FOR THE GIVING OF NOTICES IN SECTION 12.2. NOTHING IN THIS SECTION 12.7, HOWEVER, SHALL AFFECT THE RIGHT OF ANY PARTY TO SERVE
LEGAL PROCESS IN ANY OTHER MANNER PERMITTED BY LAW. EACH PARTY AGREES THAT A FINAL JUDGMENT IN ANY ACTION OR PROCEEDING SO BROUGHT SHALL BE CONCLUSIVE AND MAY BE ENFORCED BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. 

(b) Waiver of Jury Trial. TO THE EXTENT NOT PROHIBITED BY APPLICABLE LAW THAT CANNOT BE WAIVED, EACH PARTY HEREBY IRREVOCABLY WAIVES,
AND COVENANTS THAT IT WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE), ANY RIGHT TO TRIAL BY JURY IN ANY FORUM IN RESPECT OF ANY ISSUE, CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING IN WHOLE OR IN PART UNDER, RELATED TO, BASED ON
OR IN CONNECTION WITH THIS AGREEMENT OR THE SUBJECT MATTER HEREOF, WHETHER NOW EXISTING OR HEREAFTER ARISING AND WHETHER SOUNDING IN TORT OR CONTRACT OR OTHERWISE. ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS
SECTION 12.7(b) WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF EACH SUCH PARTY TO THE WAIVER OF ITS RIGHT TO TRIAL BY JURY. 

  
 74 

 12.8 GOVERNING LAW. ALL QUESTIONS CONCERNING THE CONSTRUCTION, VALIDITY AND
INTERPRETATION OF THIS AGREEMENT AND THE EXHIBIT HERETO WILL BE GOVERNED BY THE INTERNAL LAW, AND NOT THE LAW OF CONFLICTS, OF THE STATE OF DELAWARE. 

12.9 Notice to Members of Provisions. By executing this Agreement, each Member acknowledges that such Member has actual notice of
(a) all of the provisions hereof (including the restrictions on Transfer set forth herein), and (b) all of the provisions of the Certificate of Formation of the Company. 

12.10 Descriptive Headings; Interpretation. The descriptive headings of this Agreement are inserted for convenience of reference only
and do not constitute a substantive part of this Agreement. Whenever required by the context, any pronoun used in this Agreement shall include the corresponding masculine, feminine, or neuter forms, and the singular form of nouns, pronouns, and
verbs shall include the plural and vice versa. The use of the word “including” in this Agreement shall be by way of example rather than by limitation. Reference to any agreement, document, or instrument means such agreement, document, or
instrument as amended or otherwise modified from time to time in accordance with the terms thereof, and, if applicable, hereof. Without limiting the generality of the immediately preceding sentence, no amendment or other modification to any
agreement, document, or instrument that requires the consent of any Person pursuant to the terms of this Agreement or any other agreement will be given effect hereunder unless such Person has consented in writing to such amendment or modification.
The use of the words “or,” “either,” and “any” shall not be exclusive. The parties hereto have participated jointly in the negotiation and drafting of this Agreement. In the event an ambiguity or question of intent or
interpretation arises, this Agreement shall be construed as if drafted jointly by the parties hereto, and no presumption or burden of proof shall arise favoring or disfavoring any party by virtue of the authorship of any of the provisions of this
Agreement. Wherever a conflict exists between this Agreement and any other agreement, this Agreement shall control but solely to the extent of such conflict. 

12.11 Severability. Each provision hereof shall be considered separable. The invalidity or unenforceability of any provisions hereof in
any jurisdiction shall not affect the validity, legality or enforceability of the remainder hereof in such jurisdiction or the validity, legality or enforceability hereof, including any such provision, in any other jurisdiction, it being intended
that all rights and obligations of the parties hereunder shall be enforceable to the fullest extent permitted by law. If, for any reason, any provision or provisions herein are determined to be invalid and contrary to any existing or future law,
such invalidity shall not impair or affect the other provisions herein. 
 12.12 Counterparts. This Agreement may be executed in two
or more counterparts, each of which shall be deemed an original and all of which, when taken together, shall constitute one and the same document. This Agreement, any and all agreements and instruments executed and delivered in accordance herewith,
along with any amendments hereto or thereto, to the extent signed and delivered by means of a facsimile machine or other means of electronic transmission (including electronic mail, pdf or any electronic signature complying with the U.S. federal
Electronic Signatures in Global and National Commerce Act of 2000, e.g., www.docusign.com), shall be treated in all manner and respects and for all purposes as an original signature, agreement or instrument and shall be considered to have the
same binding legal effect as if it were the original signed version thereof delivered in person. 

  
 75 

 12.13 Attorneys’ Fees. In any action or proceeding brought to
enforce any provision of this Agreement, or where any provision hereof is validly asserted as a defense, the prevailing party shall be entitled to recover reasonable attorneys’ fees and expenses from the
non-prevailing party in addition to any other available remedy. 
 12.14 Successors and Assigns;
Beneficiaries. Subject to the restrictions on Transfers set forth herein, this Agreement shall be binding upon and shall inure to the benefit of the Members, the Directors, and the holders of Unit Equivalents and their respect successors, successors-in-title, heirs and assigns, and each and every successor-in-interest to any Member
and holder of Unit Equivalents shall hold such interest subject to all of the terms and provisions of this Agreement. None of the provisions of this Agreement shall be for the benefit of or enforceable by any creditor of any Member or holder of a
Unit Equivalent, or any creditor of the Company other than a Member or holder of a Unit Equivalent who is such a creditor of the Company but only in its capacity as a Member or a holder of a Unit Equivalent. 

12.15 Entire Agreement. This Agreement embodies the complete agreement and understanding among the parties and supersedes and preempts
any prior understandings, agreements or representations by or among the parties, written or oral, which may have related to the subject matter hereof in any way, including, without limitation, the Prior Operating Agreement. Upon the execution and
delivery of this Agreement by the Company and the Members required by Section 12.4 of the Prior Operating Agreement, the Prior Operating Agreement automatically shall terminate and be of no further force and effect and shall be amended and
restated in its entirety as set forth in this Agreement. 
 12.16 Electronic Delivery. This Agreement, the agreements referred to
herein, and each other agreement or instrument entered into in connection herewith or therewith or contemplated hereby or thereby, and any amendments hereto or thereto, to the extent signed and delivered by means of a facsimile machine or other
electronic transmission (including e-mail of a “pdf” signature), shall be treated in all manner and respects as an original agreement or instrument and shall be considered to have the same binding
legal effect as if it were the original signed version thereof delivered in person. At the request of any party hereto or to any such agreement or instrument, each other party hereto or thereto shall
re-execute original forms thereof and deliver them to all other parties. No party hereto or to any such agreement or instrument shall raise the use of a facsimile machine or other electronic transmission
(including e-mail of a “pdf” signature) to deliver a signature or the fact that any signature or agreement or instrument was transmitted or communicated through the use of a facsimile machine or
other electronic transmission (including e-mail of a “pdf” signature) as a defense to the formation or enforceability of a contract and each such party forever waives any such defense. 

12.17 Fiduciary Duties. Except as otherwise contemplated by Section 6.8, each Director shall have the duties
(including fiduciary duties) that the directors of a Delaware corporation have to a corporation under Delaware General Corporation Law. 

  
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 12.18 Appointment of Board as Attorney-in-Fact. 
 (a) Each Member (including any substituted Member) hereby irrevocably
constitutes, appoints and empowers the Board and those Persons the Board may duly authorize for such purposes, as its true and lawful attorneys-in-fact, in its name,
place and stead and for its use and benefit, to execute, certify, acknowledge, file, record and swear to all instruments, agreements and documents necessary or advisable to carrying out the following: 

(i) any and all amendments to this Agreement that may be permitted or required by this Agreement or the Act, including, without
limitation, amendments required to effect the admission of additional Members or substituted Members pursuant to and as permitted by this Agreement or to revoke any admission of a Member which is prohibited by this Agreement; 

(ii) any and all amendments to the Investors’ Rights Agreement that may be permitted or required by this Investors’
Rights Agreement, including without limitation, amendments required to join additional parties pursuant to and as permitted by the Investor’s Rights Agreement; 

(iii) any business certificate, certificate of formation, amendment thereto, or other instrument or document of any kind
necessary to accomplish the business of the Company; 
 (iv) all conveyances and other instruments or documents that the
Board deems appropriate or necessary to effectuate or reflect the dissolution, termination and liquidation of the Company pursuant to the terms of this Agreement; and 

(v) all other instruments that may be required or permitted by law to be filed on behalf of the Company and that are not
inconsistent with this Agreement. The Board shall not take action as attorney-in-fact for any Member which would in any way increase the liability of the Member beyond
the liability expressly set forth in this Agreement or which would diminish the substantive rights of such Member. 
 (b) Each Member
authorizes such attorneys-in-fact to take any further action which such attorneys-in-fact
shall consider necessary or advisable in connection with any of the foregoing, hereby giving such attorneys-in-fact full power and authority to do and perform each and
every act or thing whatsoever necessary or advisable to be done in and about the foregoing as fully as such Member might or could do if personally present, and hereby ratifying and confirming all that such attorneys-in-fact shall lawfully do or cause to be done by virtue hereof. The appointment by each member of the Board and its duly authorized officers, agents, successors and assigns with full power of
substitution and resubstitution, as aforesaid, as attorneys-in-fact shall be deemed to be a power coupled with an interest in recognition of the fact that each of the
Members under this Agreement shall be relying upon the power of the Board and such officers, managers, agents, successors and assigns to act as contemplated by this Agreement in such filing and other action by it on behalf of the Company. The
foregoing power of attorney shall survive the assignment by any Member of the whole or any part of its rights and obligations hereunder. The foregoing power of attorney may be exercised by such attorneys-in-fact by listing all of the Members executing any agreement, certificate, instrument or document with the signatures of such
attorneys-in-fact acting as attorneys-in-fact for all of them. 

(c) Subject to and effective upon a Specified Walgreens Change of Control, upon the election (a “Voting Election”) of the
Appointing Founders, Walgreens hereby appoints and empowers the Board and its duly authorized officers, managers, agents, successors and assignees, with full power of substitution and resubstitution, as its true and lawful attorneys-in-fact, in its name, place and stead and for its use and benefit, to execute, certify, acknowledge, file, record and swear

  
 77 

 
to all instruments, agreements and documents necessary or advisable to vote any Common Units and/or Preferred Units then held by Walgreens or its Affiliates in excess of a 30.0% of the total
voting power of the Company or the VMD Corporation, as applicable (such excess Units, comprising of Common Units and Preferred Units in the same ratio as all such Units then held by Walgreens, the “Walgreens Excess Units”), and
provide written consent or any other consent, waiver or acknowledgment under this Agreement or provide written consent to amend the Investors’ Rights Agreement in connection with a bona fide financing (to the extent necessary to reflect new
classes of Units under the terms thereof or add new Unit Holders as parties thereto) with respect to any Walgreens Excess Units then held by Walgreens in a manner consistent with a majority of the other Common Units and/or Preferred Units,
respectively (not taking into account any other Units then held by Walgreens); provided that if Walgreens is the only holder of any class of Units included in the Walgreens Excess Units, then the Walgreens Excess Units of such class shall be
voted in a manner consistent with a majority of all the other voting Units; provided further, that the rights granted pursuant to this Section 12.18(c) shall not pertain to any voting, consent, waiver,
acknowledgment or other action (i) under Sections 12.4(b)(i), (ii) and (x) or (ii) that requires, causes or results in (A) the registration, Transfer, subscription or acquisition of any Units (for the avoidance of
doubt, including with respect to Sections 3.3, 8.3, 8.5 and 8.6) other than in connection with an Initial Public Offering or a Sale of the Company, (B) the increase or extension of any financial obligation or Capital
Contributions of Walgreens beyond those set forth herein or (C) the modification of the limited liability of Walgreens, in each case without the prior written consent of Walgreens. 

*     *     *     *     * 

  
 78 

 IN WITNESS WHEREOF, each of the undersigned has duly executed this Agreement (or caused this
Agreement to be executed on its behalf by its officer or representative thereunto duly authorized) as of the date first above written. 
  

			
	COMPANY:
	
	VILLAGE PRACTICE MANAGEMENT COMPANY, LLC
		
	By:	 	 
	Name:	 	Timothy Barry
	Title:	 	Chief Executive Officer

  
  
  

  
 [Signature Page
to Seventh Amended and Restated Limited Liability Company Agreement] 

 MEMBERS:EX-10.1

 Exhibit 10.1 

Execution Version 

 

CERTAIN CONFIDENTIAL INFORMATION HAS BEEN OMITTED FROM THIS AGREEMENT BECAUSE IT IS BOTH NOT MATERIAL AND IS THE TYPE THAT
COMPANY TREATS AS PRIVATE OR CONFIDENTIAL. THE OMITTED INFORMATION IS MARKED WITH “[***]”. 

 GAS PROCESSING AGREEMENT

 by and between 

APACHE CORPORATION 
 and

 ALTUS MIDSTREAM PROCESSING LP 

dated 

September 1, 2021 
 Gas Processing
Agreement dated September 1, 2021 
 Between Altus Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 GAS PROCESSING AGREEMENT 

 

							
	ARTICLE I	 	DEFINITIONS	  	 	1	 
			
	ARTICLE II	 	DEDICATION AND SERVICES	  	 	8	 
			
	ARTICLE III	 	DELIVERY POINTS AND PRESSURE	  	 	17	 
			
	ARTICLE IV	 	GAS QUALITY	  	 	19	 
			
	ARTICLE V	 	MEASUREMENT	  	 	19	 
			
	ARTICLE VI	 	FEES, FUEL, AND CONSIDERATION	  	 	23	 
			
	ARTICLE VII	 	PRICE AND ALLOCATIONS	  	 	24	 
			
	ARTICLE VIII	 	RESIDUE GAS REDELIVERY PROCEDURES	  	 	25	 
			
	ARTICLE IX	 	PLANT PRODUCTS REDELIVERY PROCEDURES	  	 	26	 
			
	ARTICLE X	 	PAYMENTS	  	 	27	 
			
	ARTICLE XI	 	AUDIT RIGHTS	  	 	27	 
			
	ARTICLE XII	 	FORCE MAJEURE	  	 	28	 
			
	ARTICLE XIII	 	INDEMNIFICATION	  	 	29	 
			
	ARTICLE XIV	 	TITLE	  	 	31	 
			
	ARTICLE XV	 	ROYALTY AND TAXES	  	 	32	 
			
	ARTICLE XVI	 	NOTICE AND PAYMENT INSTRUCTIONS	  	 	32	 
			
	ARTICLE XVII	 	DISPUTE RESOLUTION	  	 	33	 
			
	ARTICLE XVIII	 	TERM	  	 	34	 
			
	ARTICLE XIX	 	MISCELLANEOUS	  	 	34	 

 EXHIBITS: 
  

					
	Exhibit A	  	-	  	Dedicated Area
	Exhibit B	  	-	  	Delivery Points and Redelivery Points
	Exhibit C	  	-	  	 Fees 

	Exhibit D	  	-	  	Gas Quality Specifications
	Exhibit E	  	-	  	Take In-Kind Terms
	Exhibit F	  	-	  	Allocation Methodologies
	Exhibit G	  	-	  	Form of Memorandum of Agreement
	Exhibit H	  	-	  	Form of Memorandum of Release
	Exhibit I	  	-	  	Form of Transferee Agreement
	Exhibit J	  	-	  	Form of Joinder Agreement

 Gas Processing Agreement dated September 1, 2021 

Between Altus Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 

 GAS PROCESSING AGREEMENT 

This Gas Processing Agreement (this “Agreement”) is made and entered into to be effective September 1, 2021
(“Effective Date”), by and between Altus Midstream Processing LP, a Delaware limited partnership (“Processor”), and Apache Corporation, a Delaware corporation (“Producer”). Processor and Producer
are sometimes referred to in this Agreement individually as a “Party” and collectively as the “Parties.” 

Background: 
 Producer
owns or controls volumes of Gas produced from certain oil and gas leases located in Reeves, Pecos, Jeff Davis, and Culberson Counties, Texas, and Processor owns and operates natural gas and natural gas liquids processing facilities located in Reeves
County, Texas. The Parties desire for Processor to process certain volumes of Producer’s Gas at the Processor’s Facilities on the terms and conditions set forth in this Agreement. 

The Parties previously entered into that certain Gas Processing Agreement dated as of July 1, 2018 (the “Prior Processing
Agreement”). This Agreement hereby amends, restates, supersedes and replaces the Prior Processing Agreement in its entirety. 

Agreement: 
 In
consideration of the premises and of the mutual covenants in this Agreement, together with other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by each Party, Processor and Producer agree as follows:

 ARTICLE I 

DEFINITIONS 
 Unless another
definition is expressly stated or the context requires otherwise, the following terms, when used in this Agreement and all exhibits and attachments to this Agreement, have the following meanings: 

(a)    “2-Year Forecast” shall have the meaning set forth in
Section 2.1. 
 (b)    “Adequate Assurance of Performance” shall have the
meaning set forth in Section 19.19. 
 (c)    “Affiliate” means any person
that directly or indirectly controls, is controlled by, or is under common control with another person through one more intermediaries or otherwise. The term “control” means having the power, directly or indirectly, to direct or cause the
direction of the management and policies of a person, whether through ownership, by contract, or otherwise. A person is deemed to be an Affiliate of another specified person if such person owns 50% or more of the voting securities of the specified
person, or if the specified person owns 50% or more of the voting securities of such person, or if 50% or more of the voting securities of the specified person and such person are under common control. Notwithstanding the foregoing, for purposes of

  
 Page 1 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 
Article XIII, (1) Producer and Processor are deemed to not be Affiliates of one another, (2) Altus Midstream Gathering LP, Altus Midstream Pipeline LP, Altus Midstream NGL
Pipeline LP, Altus Midstream Company, and Altus Midstream Subsidiary GP LLC are deemed Affiliates of Altus Midstream Processing LP and not Affiliates of Apache Corporation, and (3) all other Affiliates of Apache Corporation are deemed to not be
Affiliates of Altus Midstream Processing LP. 
 (d)    “Affiliate Interests” shall have the meaning set
forth in Section 2.11. 
 (e)    “Allocation Event” shall have the meaning
set forth in Section 2.5. 
 (f)    “Audit” shall have the meaning set forth
in Article XI. 
 (g)    “Btu” means a “British Thermal Unit,” which is the
amount of heat required to raise the temperature of one pound of water from 59 degrees Fahrenheit to 60 degrees Fahrenheit at a constant pressure of 14.65 psia. 

(h)    “Business Day” means any calendar day, other than a Saturday or Sunday, on which commercial banks
in Houston, Texas are open for business. 
 (i)    “Calendar Year” means the period from January 1st through December 31st of the same calendar year. 

(j)    “Central Conditioning Facility” means a facility used for dehydration, compression, treating, or
any combination of the foregoing for Non-Processable Gas. 
 (k)    
“Central Time” means Central Standard Time, as adjusted semi-annually for daylight savings time. 

(l)    “Claim” means any lawsuit, claim, proceeding, investigation, or other similar action. 

(m)    “Consequential Damages” shall have the meaning set forth in
Section 19.9. 
 (n)    “Cryogenic Processing Facility” or
“Cryo” means a cryogenic processing plant used for processing and for dehydration, compression, treating or any combination of the foregoing. 

(o)    “Cubic Foot” means a volume of Gas occupying a space of one cubic foot at a temperature of 60
degrees Fahrenheit and at a pressure of 14.65 psia. 
 (p)    “Day” means the 24-hour period beginning at 9:00 a.m., Central Time, on a calendar day and ending at 9:00 a.m., Central Time, on the following calendar day (as Central Time is adjusted each calendar year for daylight savings time).

 (q)    “Dedicated Area” means the lands located in Reeves, Pecos, Jeff Davis, and Culberson
Counties, Texas, more particularly described in Exhibit A. 

  
 Page 2 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 (r)    “Delivery Point” or “Delivery
Points” shall have the meaning set forth in Section 3.1. 

(s)    “Drip” means all distillates, condensate, and liquids that accumulate in the drips, lines, and
separators at any point downstream of the Receipt Points. 
 (t)    “Ethane Option” shall have the
meaning set forth in Exhibit F. 
 (u)    “Fees” shall mean, collectively, the Central
Conditioning Fee, the Cryogenic Processing Fee, the Gas Lift Fee, and the Treating Fee, each as set forth on Exhibit C. 

(v)    “Field FL&U” means a fixed four percent (4.00%) of the difference of (1) Producer’s
Processable Gas delivered at the low pressure Receipt Points less (2) Processable Gas redelivered to Producer upstream of the low pressure Delivery Points, which shall compensate Processor in full for the sum of (i) all fuel (including
electricity or other energy sources) used to operate Processor’s compressor stations (not including those stations within Processor’s Central Conditioning Facilities and the Cryos) and (ii) any Gas lost or otherwise not accounted for
from such Processor’s Facilities incident to, or occasioned by, gathering or compressing, as applicable, in the ordinary course, including Gas released through leaks, venting, flaring, or instrumentation inaccuracies. 

(w)    “Firm” means Processor’s obligation to receive and process Producer’s Gas, and
Producer’s right to deliver and have its Gas processed, shall not be subject to interruption, except as absolutely necessary as a result of Force Majeure or, after reasonable prior notice, during periods of Processor’s Facilities
maintenance or repair, and in the event of any such interruption or in the event of excess Gas deliveries to Processor’s Facilities (from Producer or a Third Party) over and above Plant Capacity, Producer’s Gas and Gas of Similarly
Situated Customers shall have priority rights equal to the highest level of service offered at Processor’s Facilities. 

(x)    “FL&U” means fuel and lost and unaccounted for Gas, electric fuel costs, and flare that is
retained as fuel and/or system loss by Processor, which is used in and/or occurs in the operation of Processor’s Facilities. 

(y)    “Force Majeure” shall have the meaning set forth in Section 12.2. 

(z)    “Gas” means any mixture of hydrocarbon gases or of hydrocarbon gases and non-combustible gases in a gaseous state. 
 (aa)    “Gas Gathering
Agreement” means that certain Gas Gathering Agreement between Producer and Altus Midstream Gathering LP dated July 1, 2018, as amended, or any successor agreement thereto. 

(bb)    “Gas Lift Redelivery Period” means the period from the Effective Date through December 31,
2024, and continuing Year to Year thereafter until a Party provides notice to the other Party upon at least 180 Days’ notice of its intent to terminate the Gas Lift Redelivery Period as of December 31, 2024, or at the end of any subsequent
annual period. 

  
 Page 3 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 (cc)    “Governmental Authority” means any federal,
state, municipal, local or similar governmental authority, regulatory or administrative agency or court with jurisdiction over the Parties or either Party, this Agreement, any of the transactions contemplated hereby, or Processor’s Facilities
or any other facilities utilized by a Party for the performance of this Agreement. 
 (dd)    “Gross Heating
Value” means the amount of energy transferred as heat per mass or mole from the complete, ideal combustion of the Gas with oxygen (from air), at a base temperature in which all water formed by the reaction condenses to liquid. If the gross
heating value has a volumetric rather than a mass or molar basis, the standard conditions are deemed 14.65 psia and 60 degrees Fahrenheit. 

(ee)    “High Pressure Gas Lift Redelivery Point(s)” means any point, identified on Exhibit B, downstream
of any field compressor station and upstream of a Cryogenic Processing Facility where Producer’s Gas is delivered to Producer at the inlet flange of a custody transfer meter located on the high pressure gas gathering system. 

(ff)    “Ideal Gas Laws” means the thermodynamic laws applying to perfect gases. 

(gg)    “Inert Constituents” means constituents other than Plant Products contained in Gas, including
oxygen, carbon dioxide, nitrogen, hydrogen sulfide, water vapor, ozone, nitrous oxide, and mercury. 

(hh)    “Interests” means any right, title, or interest in lands which gives Producer the right to
produce and market oil and/or Gas therefrom, whether arising from fee ownership, working interest ownership, mineral ownership, leasehold ownership, farmout, or other contractual arrangement or arising from any pooling, unitization, or
communitization of any of the foregoing rights within the Dedicated Area, and any and all replacements, renewals, and extensions or amendments of any of the same. 

(ii)    “Law” or “Laws” means any of the following: laws, rules, regulations, decrees,
judgments or orders of, or licenses or permits issued by, any Governmental Authority, including, without limitation, any U.S. Bureau of Land Management requirement that is applicable to any federal lease included in the Dedicated Area. 

(jj)    “Loss” means any loss, cost, expense, liability, damage, sanction, judgment, lien, fine, or
penalty, including reasonable attorney’s fees, incurred, suffered or paid by the applicable indemnified Persons on account of: (i) injuries (including death) to any Person or damage to or destruction of any property, sustained or alleged
to have been sustained in connection with or arising out of the matters for which the indemnifying Party has agreed to indemnify the applicable indemnified Persons, or (ii) the breach of any covenant or agreement made or to be performed by the
indemnifying Party pursuant to this Agreement. 
 (kk)    “Material Measurement Error” shall have the
meaning set forth in Section 5.4. 
 (ll)    “Mcf” means one thousand Cubic
Feet. 
 (mm)    “MMBtu” means one million Btu. 

  
 Page 4 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 (nn)    “Month” means the period beginning at 9:00
a.m., Central Time, on the first Day of a calendar month and ending at 9:00 a.m., Central Time, on the first Day of the succeeding calendar month. 

(oo)    “Monthly Statement” shall have the meaning set forth in Section 10.1.

 (pp)    “Near Off-Spec Notice” shall have the meaning set
forth in Section 4.2. 
 (qq)    “New Well” means a well where drilling,
completion, and first production all occur after September 1, 2021. Producer shall notify Processor upon completion of a New Well; provided that failure to provide notice shall not limit Producer’s rights herein with respect to the New
Well as long as Producer is able to subsequently show that such well satisfies the definition of a New Well. Furthermore, upon Processor’s request and if necessary to calculate the applicable Fees, Producer shall provide volumes and other well
information with respect to the New Wells. 
 (rr)    “Non-Conforming
Plant Products” shall have the meaning set forth in Section 9.3. 
 (ss)    “Non-Conforming Residue Gas” shall have the meaning set forth in Section 8.3. 

(tt)    “Non-Op Gas” shall have the meaning set forth in
Section 2.1. 
 (uu)     “Non-Processable
Gas” means Producer’s Gas that Producer elects to have delivered to a Central Conditioning Facility. 

(vv)    “Non-Processable Gas FL&U” means a fixed six percent
(6.00%) of the difference of (1) Producer’s Non-Processable Gas delivered at the low pressure Receipt Points less (2) Non-Processable Gas redelivered to
Producer upstream of the low pressure Delivery Points, which shall compensate Processor in full for the sum of (i) all fuel (including electricity or other energy sources) used to operate Processor’s Central Conditioning Facilities and
(ii) any Gas lost or otherwise not accounted for from the Central Conditioning Facilities incident to or occasioned by the gathering, treating or compressing, as applicable, in ordinary course, including Gas released through leaks, venting,
flaring or instrumentation inaccuracies. 
 (ww)    “Off-Spec
Gas” shall have the meaning set forth in Section 4.2. 

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

(yy)    “Plant Capacity” means the capacity of Processor’s Facilities. 

(zz)    “Plant FL&U” means a fixed four percent (4.00%) of the Plant Inlet Volume, which shall
compensate Processor in full for the sum of (i) all fuel (including electricity or other energy sources) used to operate Processor’s Cryo and (ii) any Gas lost or otherwise not accounted for from Processor’s Cryo, in ordinary
course, including Gas released through leaks, venting, flaring or instrumentation inaccuracies. 

  
 Page 5 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 (aaa)    “Plant Inlet Volume” means
(1) Producer’s Processable Gas delivered at the low pressure Receipt Points less (2) Processable Gas redelivered to Producer upstream of the low pressure Delivery Points less (3) Field FL&U less (4) Processable Gas
redelivered to the High Pressure Gas Lift Redelivery Points. 
 (bbb)    “Plant Products” means the
mixture consisting primarily of ethane, propane, isobutane, normal butane, and natural gasoline (and any incidental methane) that are extracted at the Processor’s Facilities and all other Drip in Producer’s Gas delivered to the Delivery
Points or otherwise recovered at the Processor’s Facilities. 
 (ccc)    “Plant Products Price”
means, for each component Plant Product, a price per gallon equal to 100% of the Monthly average of Processor’s actual sales price for such component product sold. It is understood that the Plant Products Price shall be net of actual,
third–party, commercially reasonable fees paid or incurred by Processor for the transportation and fractionation directly related to Producer’s Plant Products but shall not in any circumstance include any (i) marketing or broker fees,
(ii) deficiency, take-or-pay, or demand charges, (iii) price adjustments relating to Y-grade product quality
specifications, (iv) imbalance fees and penalties, (v) line fill requirements, or (vi) requirements as to product working inventory of Y-grade at a fractionation facility. 

(ddd)    “Plant Products Redelivery Points” means the upstream insulating flange of the applicable
custody meter at the discharge points downstream of the Processor’s Facilities, as applicable, as described on Exhibit B, in which Plant Products are redelivered as raw mix to a takeaway pipeline or other transport mode for the account of
Producer. 
 (eee)    “Primary Term” shall have the meaning set forth in
Section 18.1. 
 (fff)    “Prior Dedication” means, as to any Interests
acquired by Producer (or any of its successors or assigns under this Agreement) within the Dedicated Area, whether before or after the Effective Date, any dedication or commitment for some or all Services burdening such Interests which is in effect
as of the time of any such acquisition. 
 (ggg)    “Processable Gas” means Producer’s Gas that
Producer elects to have delivered to a Cryogenic Processing Facility. 
 (hhh)    “Processable Gas
FL&U” means the aggregate of Field FL&U and Plant FL&U. 
 (iii)    “Processor Indemnified
Parties” shall have the meaning set forth in Section 13.1. 

(jjj)    “Processor’s Facilities” means any or all of the compressor stations, Central Conditioning
Facilities, and Cryogenic Processing Facilities owned by Processor, capable of receiving Producer’s Gas for dehydration, compression, treating, and/or removal of Plant Products from time to time, and located in Reeves, Pecos, Jeff Davis, and
Culberson Counties, Texas. 
 (kkk)    “Producer’s Gas” means all of the Gas owned or controlled
by Producer that is produced from the Dedicated Area and delivered to Processor under this Agreement. 

(lll)    “Producer Indemnified Parties” shall have the meaning set forth in
Section 13.1. 

  
 Page 6 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 (mmm)    “Producer’s
Non-Processable Reserved Capacity” shall be calculated to be effective every March 1 and shall mean a volume equal to the greater of (1) [***]% of the sum of the average daily volume
of (A) Non-Processable Gas delivered by Producer during the previous six (6)-Month period plus (B) any volumes that Producer was unable to deliver due to Force Majeure or due to a failure to receive
by Processor and (2) the sum of the average daily volume of (A) Non-Processable Gas delivered by Producer during the previous six (6)-Month period plus (B) any volumes that Producer was unable
to deliver due to Force Majeure or due to a failure to receive by Processor, plus (C) [***] Mcf/d. 

(nnn)    “Producer’s Processable Reserved Capacity” shall be calculated to be effective every
March 1 and shall mean a volume equal to the greater of (1) [***]% of the sum of the average daily volume of (A) Processable Gas delivered by Producer during the previous six (6)-Month period plus (B) any volumes that
Producer was unable to deliver due to Force Majeure or due to a failure to receive by Processor and (2) the sum of the average daily volume of (A) Processable Gas delivered by Producer during the previous six (6)-Month period plus
(B) any volumes that Producer was unable to deliver due to Force Majeure or due to a failure to receive by Processor, plus (C) [***] Mcf/d. 

(ooo)    “Producer’s Reserved Capacity” means, collectively, Producer’s Non-Processable Reserved Capacity and Producer’s Processable Reserved Capacity. 

(ppp)    “psia” means pounds per square inch absolute. 

(qqq)    “psig” means pounds per square inch gauge. 

(rrr)    “Receipt Point” means the inlet flange of the upstream gatherer’s facilities at the point
of interconnection between the low pressure gathering system and Producer’s facilities or the inlet flange of the upstream gatherer’s facilities at the point of interconnection between the high pressure gathering system and
Processor’s compression facilities. 
 (sss)    “Redelivery Point Gas Quality Specifications” mean
the Gas quality requirements of downstream pipelines or other facility operators at the Residue Gas Delivery Points, as such requirements are in effect from time to time. 

(ttt)    “Residue Gas” means the portion of the Gas delivered to the Processor’s Facilities that
remains after treating and/or processing. 
 (uuu)    “Residue Gas Price” means a price per MMBtu equal
to 100% of the Monthly average of Processor’s actual sales price for Residue Gas. It is understood that the Residue Gas Price shall be net of actual, third-party, commercially reasonable fees paid or incurred by Processor for the transportation
directly related to Producer’s Residue Gas but shall not in any circumstance include any (i) marketing or broker fees, (ii) take-or-pay, reservation, or
demand charges, (iii) imbalance fees and penalties, or (iv) line fill requirements. 

(vvv)    “Residue Gas Redelivery Points” means the upstream insulating flange of the applicable Residue
Gas custody meter at the discharge points downstream of the Processor’s Facilities, as applicable, as described on Exhibit B, where Residue Gas is delivered to a takeaway pipeline for the account of Producer. 

  
 Page 7 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 (www)    “Resolution Period” shall have the meaning set
forth in Section 2.2 or Section 3.5, as applicable. 

(xxx)    “Services” shall have the meaning set forth in Section 2.4. 

(yyy)    “Shrinkage” shall have meaning set forth in Exhibit F. 

(zzz)    “Similarly Situated Customers” means any assignee of Producer’s interests hereunder
(whether total or partial) pursuant to Section 19.6 or any Third Party customer that has an equal level of service priority as Producer. 

(aaaa)    “Tax” or “Taxes” means any federal, state or local taxes, fees, levies or
other assessments, including all sales and use, goods and services, ad valorem, transfer, gains, profits, excise, franchise, real and personal property, gross receipt, value added, capital stock, production, business and occupation, disability,
employment, payroll, license, unemployment, social security, Medicare, or withholding taxes or charges imposed by any Governmental Authority, and including any interest and penalties (civil or criminal) on any of the foregoing. 

(bbbb)    “Term” shall have the meaning set forth in Section 18.1. 

(cccc)    “Third Party” means any Person that, as of any applicable determination date, is not a Party to
this Agreement. 
 (dddd)    “Third Party Gas” means Gas other than Producer’s Gas. 

(eeee)    “Transfer” means any direct or indirect transfer, conveyance, assignment, grant, or other
disposition of any rights, interests, or obligations. 
 (ffff)    “Transferee Agreement” means an
agreement in the form as attached hereto as Exhibit I, which is to be signed by Processor and a Third Party to which Producer partially assigns its Interests in the Dedicated Area. 

(gggg)    “Year” means a period of 365 consecutive Days, provided that any year containing the date of
February 29 shall consist of 366 consecutive Days. 
 ARTICLE II 

DEDICATION AND SERVICES 

Section 2.1    Dedication; Producer Reservations; Release Rights. 

(a)    Dedication. Subject to the terms and conditions of this Agreement, and solely for the purpose of this
Agreement, Producer hereby dedicates for the Services to be provided by Processor under this Agreement and shall deliver or cause to be delivered at the Delivery Point(s) the following: 

(i)    all Gas owned by Producer that is produced and saved from wells now or hereafter located within the
Dedicated Area or on lands pooled or unitized therewith, to the 

  
 Page 8 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 
extent such Gas is attributable to Interests within the Dedicated Area, now owned or hereafter acquired by Producer and not otherwise delivered or used as permitted pursuant to this Agreement;
and 
 (ii)    with respect to wells now or hereafter located within the Dedicated Area or on lands
pooled or unitized herewith for which Producer is the operator, Gas for such wells that is owned by other working interest owners and royalty owners (“Non-Op Gas”) but only to the extent and
for the period that Producer has the right or obligation to market such Non-Op Gas; 
 provided, however,
with respect to any such Gas that is subject to a Prior Dedication, such Gas shall not be subject to the dedication hereunder until the expiration or termination of such Prior Dedication; provided further, that following Producer’s
acquisition of any Interests subject to a Prior Dedication, Producer shall terminate such Prior Dedication at Producer’s first opportunity following the primary term of such Prior Dedication. Upon the expiration or termination of that Prior
Dedication, such additional Interests within the Dedicated Area and such Gas attributable thereto will automatically be subject to the dedication hereunder without any further actions by the Parties. Producer shall notify Processor in writing of any
such expiration or termination. 
 (b)    Covenant Running with the Land. It is the mutual intention of the
Parties that, so long as the dedication in Section 2.1(a) is in effect, this Agreement and the dedication under Section 2.1(a) and all of the terms and provisions of this Agreement collectively
shall (i) be a covenant running with the Interests within the Dedicated Area and (ii) be binding on and enforceable by Processor and its successors and assigns against Producer and its successors and assigns of the Interests within the
Dedicated Area. Each Party agrees to execute, acknowledge, and deliver to the other Party from time to time such additional agreements and instruments as may be reasonably requested by such other Party to more fully effectuate the intention of the
Parties set forth in the immediately preceding sentence, including a memorandum of this Agreement in the form set forth on Exhibit G, and in the event of a permanent release or partial assignment of the Interests dedicated hereunder, a
memorandum of release in the form set forth on Exhibit H. Producer shall cause any conveyance by it of all or any of the Interests within the Dedicated Area to be made expressly subject to the terms of this Agreement. By January 31 of
each year, Producer and Processor shall update Exhibit A to reflect any Interests within the Dedicated Area (1) acquired by Producer, (2) permanently released by Processor, or (3) partially assigned by Producer (and reflected
in a Transferee Agreement) during the immediately preceding year, and, for the avoidance of doubt, any such new Interests within the Dedicated Area shall be subject to this Agreement (including Section 2.1(a) and
Section 2.1(b)). Contemporaneously with any such update and supplement to this Agreement, Producer shall execute, acknowledge, and deliver to Processor a supplement to each of the applicable memoranda of this Agreement
previously filed for recording in the real property records of each county in which any portion of such new Interests is located. 

(c)    Forecasts. On or before August 1st of each Year during the Term, Processor shall deliver to Producer a map
showing each current Processor’s Facilities. Subject to Processor’s delivery of such map and Processor’s compliance with the confidentiality and restricted use requirements set forth in Section 19.1, on or
before October 1st of each Year during the Term, Producer shall deliver to Processor a 2-Year Forecast with respect to the Producer’s Gas. Producer 

  
 Page 9 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 
may also periodically provide updated 2-Year Forecasts during the Year if Producer has a good faith belief that its estimated production volumes have
materially changed; provided, however, any updated 2-Year Forecast provided by Producer after October 1st shall not be applicable in
Section 2.2(b) or Section 3.5 of this Agreement until October 1st of the next Calendar Year.
“2-Year Forecast” shall mean Producer’s good faith estimate (expressed in Mcf per Day) and associated gas analysis of Producer’s Gas, to be produced from the Dedicated Area, broken
down by Processor’s Facilities, and delivered to the Delivery Points for each Month for the next two (2) years of the Term of the Agreement, which forecasts shall be based on Producer’s most recent engineering and planning data. At
Processor’s request, but no more than once per quarter, Producer and Processor will meet to discuss changes in the forecast to ensure that Processor will have adequate capacity in place to meet Producer’s requirements. For the sake of
clarity, Processor acknowledges that Producer shall not at any time be required to deliver any of Producer’s internal budget information to Processor. Producer shall use all commercially reasonable efforts and information available to it to
create the 2-Year Forecasts, but, given the inherent nature of the estimates involved in creating such Forecasts, Producer cannot guarantee the accuracy of any 2-Year
Forecast. 
 (d)    Producer’s Reservations.  

(i)    Gas for Lessors or Royalty Owners. Producer shall have the right to utilize Gas as may be
required to be delivered to lessors or royalty owners under the terms of leases or other agreements or as required for Producer’s operations within the Dedicated Area or lands pooled or unitized therewith, as determined by Producer in its sole
discretion. 
 (ii)    Pooling or Units. Producer may form, dissolve, and/or participate in
pooling agreements or units encompassing all or any portions of the Dedicated Area, as determined by Producer in its sole discretion. 

(iii)    Operational Control of Wells. Producer reserves the right to operate its leases and wells
in any manner that it desires, as determined by Producer in its sole discretion and free of any control by Processor, including without limitation, (i) shutting-in, cleaning out, reworking, modifying,
deepening, or abandoning any such wells, (ii) using any efficient, modern, or improved method for the production of its wells, (iii) flaring, burning, or venting Gas and (iv) surrendering, releasing, or terminating its leases or
Interests or allowing such leases or Interests to expire at any time. 
 (iv)    Well Development and
Operations. Producer reserves the right to use Gas (including the Plant Products in such Gas), above ground or below, to develop and operate its leases and wells, including, without limitation, for Gas lift, fuel, pressure maintenance, or other re-injection purposes, secondary and tertiary recovery, drilling or cycling, operation of Producer’s facilities, and/or any other legitimate use in connection with the development and/or operation of its leases
and wells that are now or hereafter become subject to the terms of this Agreement. Additionally, for Gas used for fuel, Producer has the right to remove and dispose of liquid hydrocarbons from such Gas by means it deems necessary, including via low
temperature separation. 

  
 Page 10 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 (v)    No Obligation to Develop. Notwithstanding
anything else in this Agreement that may be construed to the contrary, Producer reserves the right to develop and operate its leases and wells as it sees fit, in its sole discretion, and Producer shall have no obligation to Processor under this
Agreement to develop or otherwise produce Gas or other hydrocarbons from any properties owned by it, including any properties now or hereafter located within the Dedicated Area or the lands pooled or unitized therewith. 

Section 2.2    Release from Dedication. 

(a)    Immediate Temporary Release. If for any reason including Force Majeure and Producer’s Gas being Off-Spec Gas (but not including a pressure problem which is addressed in Section 3.5), Producer delivers Gas otherwise in accordance with the terms of this Agreement but Processor does not
take all or any portion of Producer’s Gas delivered or otherwise available for delivery at a Delivery Point, Producer shall be entitled to an immediate temporary release from dedication of such volume of Producer’s Gas, and may dispose of
such Gas in any manner it sees fits, subject to Processor’s right to resume receipts at a subsequent time when Processor is able to take all of Producer’s Gas available for delivery at the Delivery Point in accordance with the terms of
this Agreement, provided however if during such temporary release period Producer secures a different temporary market, Processor may resume receipts only upon thirty (30) days’ advance written notice and only as of the beginning of a
Month, unless otherwise agreed. 
 (b)    Permanent Release. In addition to
Section 2.2(a), above, if Producer delivers Gas otherwise in accordance with the terms of this Agreement but Processor does not take and process all or any portion of Producer’s Gas up to the applicable Producer’s
Reserved Capacity for delivery at an existing Delivery Point for any reason (including a failure to meet quality requirements for nitrogen, but not including (i) a failure to meet quality requirements other than for nitrogen as set forth above,
for which no permanent release shall be available or (ii) a pressure problem, which is addressed in Section 3.5) for a cumulative thirty (30) Days in any ninety (90) Day period, unless such failure is caused
by Force Majeure, in which case a cumulative 180 Days in any 365-Day period, or if Processor fails to allocate Producer’s Plant Products pursuant to the fixed recovery rates set forth on Exhibit F for a
cumulative thirty (30) Days in any ninety (90) Day period (with no extension if such failure is caused by Force Majeure), then upon Producer’s written notice to Processor, Processor shall have fifteen (15) Days from receipt of
such notice to propose a feasible plan to Producer that shall resolve such issue, at Processor’s sole cost and expense, within sixty (60) Days after proposing such plan (the “Resolution Period”). If (A) Processor
fails to propose a resolution within the stated fifteen (15) Days, (B) the issue is not resolved after completion of Processor’s resolution, or (C) Processor does not complete such resolution within the Resolution Period (but if
Processor’s completion is delayed or prevented by reason of Force Majeure, the Resolution Period shall be extended by an additional 120 Days), Producer may elect within thirty (30) Days following Processor’s failure to propose a
resolution, the completion of such inadequate resolution or the expiration of such Resolution Period, as applicable, by giving written notice to Processor, to either (i) a permanent release from dedication as to the affected Delivery Point and
the portion(s) of the Dedicated Area associated with such Delivery Point (and such released portion(s) shall be stated in terms of acreage) or (ii) until the issue has been resolved, a [***] percent ([***]%) reduction in the then-existing
applicable Fees for a volume of Gas equal to Producer’s good-faith estimate of the volumes that were or would have been delivered to the affected Delivery Points under the Agreement; provided, however, Producer shall not be entitled

  
 Page 11 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 
to either of the foregoing remedies to the extent that Producer’s good-faith estimate of the affected volumes exceeds the last 2-Year Forecast
Producer delivered to Processor in accordance with Section 2.1(c). If Producer elects a permanent release and Processor’s failure to take and process Producer’s Gas only affects certain, specific Delivery
Point(s), Producer’s permanent release shall be limited to such affected Delivery Point(s) and the portion of the Dedicated Area connected upstream of such affected Delivery Point(s), including existing and future wells within such portion of
the Dedicated Area. If Producer elects a permanent release and Processor’s failure to take and process Producer’s Gas affects all Delivery Points receiving Processable Gas or all Delivery Points receiving
Non-Processable Gas, the portion(s) of the Dedicated Area to be released shall be designated by Producer, acting reasonably and in good faith, provided that Producer shall provide to Processor (subject
to the confidentiality and non-use restrictions set forth in this Agreement) reasonable evidence to support Producer’s determination of the portion(s) of the Dedicated Area to be released, and as long as
Producer’s determination of the areas to be released is reasonably supported, such determination shall be deemed conclusive. For clarity, this Section 2.2(b) is not applicable to the extent that Producer’s
upstream gatherer fails to connect a new Receipt Point. 
 (c)    Release by Upstream Gatherer. Delivery of
Producer’s Gas to Processor hereunder is dependent upon the performance of upstream gathering facilities to which Producer has made a dedication similar to the dedication under this Agreement. To the extent that Producer’s dedication under
such upstream contracts is released, Producer shall receive a corresponding release from dedication under this Agreement. 

Section 2.3    No Election of Remedies. Producer’s exercise of any right to a
release from dedication or Fee reduction under Section 2.2 shall not be deemed as an election of remedies for any unexcused failure of Processor to perform any obligation under this Agreement, and Producer shall be entitled
to any and all other remedies, including specific performance and injunctive relief (without the need to post any bond). 

Section 2.4    Processing and Related Services. Subject to the terms and conditions of
this Agreement, each Month during the Term Processor shall provide, or cause to be provided the following services, each on a Firm basis (collectively, the “Services”): 

 

	 	(a)	 receive, or cause to be received, Producer’s Gas (including entrained condensate) at the Delivery Points
up to Producer’s Reserved Capacity; 

  

	 	(b)	 dehydrate, compress, and, if required to meet the Redelivery Point Gas Quality Specifications, treat all of
Producer’s Non-Processable Gas at the Central Conditioning Facilities and purchase or deliver for Producer’s account such Producer’s Non-Processable Gas
as Residue Gas; 

  

	 	(c)	 for Producer’s Processable Gas, (i) compress and redeliver such Producer’s Gas into a high
pressure gathering system, (ii) during the Gas Lift Redelivery Period and at Producer’s direction, re-accept a portion of Producer’s Gas at a High Pressure Gas Lift Redelivery Point and
redeliver to Producer, and (iii) re-accept such Producer’s Gas, less any Producer Gas redelivered to Producer at a High Pressure Gas Lift Redelivery Point, at the Cryos; 

  
 Page 12 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

	 	(d)	 dehydrate, compress, treat (if required to meet the Redelivery Point Gas Quality Specifications), and remove
Plant Products from all of Producer’s Processable Gas; and purchase or deliver for Producer’s account all Producer’s Residue Gas and Plant Products for volumes attributable to Producer’s Processable Gas; 

 

	 	(e)	 subject to Section 18.3, expand its Facilities pursuant to the following
requirements: 

  

	 	(i)	 Non-Processable Gas Facilities. Processor shall, at Processor’s
sole expense, undertake an expansion of existing infrastructure or construct and/or install new Processor’s Facilities for Non-Processable Gas (including Central Conditioning Facilities) (A) if the
then-existing throughput in existing Processor’s Facilities for Non-Processable Gas from all of Processor’s customers exceeds eighty percent (80%) of the design capacity, and (B) if
Producer’s 2-Year Forecast plus Third Party Gas for Similarly Situated Customers for Non-Processable Gas exceeds one hundred five percent (105%) of the designated
design capacity for existing Processing Facilities for Non-Processable Gas, and such expansion shall be completed within nine (9) months from the date that the conditions in subparts (A) and (B)
above are satisfied; provided however, if Processor can secure Firm capacity to offload Non-Processable Gas, Processor shall not be required to expand the
Non-Processable Gas facilities pursuant to this Section 2.1(e)(i) as long as Processor can continue to accept all of Producer’s
Non-Processable Gas pursuant to the terms of this Agreement (including redelivery at the Residue Gas Redelivery Points listed on Exhibit B); 

 

	 	(ii)	 Processable Gas Facilities. Processor shall, at Processor’s sole expense, undertake an expansion of
existing infrastructure or construct and/or install new infrastructure within Processor’s Facilities for Processable Gas (A) if the then-existing throughput in existing Processor’s Facilities for Processable Gas exceeds eighty percent
(80%) of the design capacity, and (B) if Producer’s 2-Year Forecast plus Third Party Gas for Similarly Situated Customers for Processable Gas exceeds one hundred five percent (105%) of the designated
design capacity for existing Processor’s Facilities for Processable Gas, and such expansion shall be completed within fourteen (14) months from the date that the conditions in subparts (A) and (B) above are satisfied; provided
however, if Processor can secure Firm capacity to offload Processable Gas, Processor shall not be required to expand the Processable Gas facilities pursuant to this Section 2.1(e)(ii) as long as Processor can continue to
accept all of Producer’s Processable Gas pursuant to the terms of this Agreement (including redelivery at the Residue Gas Redelivery Points and the Plant Products Redelivery Points listed on Exhibit B); 

 

	 	(f)	 perform such other obligations and actions as are described under this Agreement. 

  
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Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 Processor shall perform all Services and operate Processor’s Facilities consistent with industry
standard and in a prudent, workmanlike manner. 
 Notwithstanding anything in this Agreement to the contrary, Producer shall not be entitled to Services on
a Firm basis on any Processor’s Facilities, or any portions of the Processor’s Facilities, that have been built by Processor exclusively to service Gas volumes delivered by any Third Party customer. 

Section 2.5    Recovery Rates and Take In-Kind
Rights. 
 (a)    Recovery Rates. 
  

	 	(i)	 Subject to Producer’s Ethane Option, Processor shall determine Producer’s share of Residue Gas and
Plant Products from Producer’s Processable Gas based on the fixed recovery rates (which includes any condensate fallout) and the allocation methodology shown on Exhibit F. Any Plant Products that are recovered from Producer’s Processable
Gas in excess of the fixed recovery rates described in Exhibit F shall be retained for the account of Processor, and Processor agrees to sell, or cause to be sold, such retained Plant Products (other than condensate fallout) to Enterprise Products
Operating LLC or its successor. For clarity, Processor shall include any Drip volumes in the Gas delivered by Producer in its calculation of Producer’s share of Producer’s Plant Products, but Processor shall deliver pentanes in lieu of
condensate at the Plant Products Redelivery Points. 

  

	 	(ii)	 [***] 

(b)    Allocation Event. If Processor is rendered unable, wholly or in part, by Force Majeure, to perform or comply
with any obligation or condition of this Agreement for more than seventy-two (72) consecutive hours in a given Month that impacts system recoveries of Plant Products (an “Allocation
Event”), then for the duration of the Allocation Event, Processor may allocate Plant Products and Residue Gas based on actual recoveries and fuels as described in this Section 2.5(b). 

 

	 	(i)	 Processor will allocate FL&U consumed in Processor’s Facilities that handle Processable Gas to each
Receipt Point based on the ratio of MMBtu of Producer’s Processable Gas received at the Receipt Point to the total MMBtus of Gas received at all applicable receipt points into Processor’s Facilities utilizing the same level of compression
service; provided, however, fuel used in the treating of natural gas for the removal of non-hydrocarbon contaminants shall be allocated only to such Receipt Point(s) or receipt points which
require the removal of such non-hydrocarbon contaminants in order to meet the quality specifications at the Plant Product Redelivery Points or the Redelivery Point Gas Quality Specifications. The allocation of
fuel for such Receipt Point(s) or receipt points requiring removal of non-hydrocarbon contaminants will be further allocated based on such Receipt Point or receipt point volume and the percentage of non-hydrocarbon contaminants contained in each gas stream. 

  
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Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

	 	(ii)	 For each Receipt Point, Processor will determine the quantity of Plant Products allocated to Producer by
multiplying the total quantity of each Plant Product component recovered and sold from the applicable Processor’s Facilities and/or the Cryo by a fraction, the numerator of which will be the gallons of such Plant Product component contained in
the Processable Gas delivered by Producer at the Receipt Point less (i) its allocated share of FL&U that is consumed upstream of the Cryo and (ii) Gas delivered to Producer at High Pressure Gas Lift Redelivery Points, and the
denominator of which will be the total gallons of such Plant Product component contained in all Gas delivered to Processor from all sources connected to Processor’s Cryos, less FL&U and buyback gas, if applicable.

  

	 	(iii)	 The MMBtu of Residue Gas allocable to Producer shall be determined by multiplying the MMBtu of Residue Gas
available from the Cryo by a fraction, the numerator of which will be the theoretical MMBtu of Residue Gas remaining from Producer’s Processable Gas at the Receipt Point less Gas delivered to Producer at High Pressure Gas Lift Redelivery
Points, and the denominator of which will be the total of the theoretical MMBtu of Residue Gas remaining from all gas delivered to Processor from all sources connected to Processor’s Cryos, less buyback gas, if applicable.

 (c)    Take In-Kind - Residue Gas. For each Calendar
Year during the Term, Producer shall have the right to take its Residue Gas in-kind. Producer elects to take its Residue Gas in-kind at the Residue Gas Redelivery Point
as of the Effective Date of this Agreement. This election shall remain in effect until Producer provides notice to Processor at least one hundred eighty (180) Days prior to beginning of the Calendar Year that Producer no longer elects to take
its Residue Gas in-kind, and such election to no longer take in-kind shall continue for the remainder of the Term. For any Calendar Year the Producer elects to take its
Residue Gas in-kind, Processor shall not be required to pay the Residue Gas Price. Additionally, during any such Calendar Year, the “Take In-Kind Terms” set
forth in Article VIII and Exhibit E, as well as the applicable title, possession, and liability provisions of Article XIII and Article XIV shall apply. 

(d)    Take In-Kind - Plant Products. For each Calendar Year during the
Term, Producer shall have the right to take its Plant Products in-kind. Producer elects to take its Plant Products in-kind at the Plant Products Redelivery Point as of
the Effective Date of this Agreement. This election shall remain in effect until Producer provides notice to Processor at least one hundred eighty (180) Days period to the beginning of the Calendar Year that Producer no longer elects to take
its Plant Products in-kind, and such election to no longer take in-kind shall continue for the remainder of the Term. For any Calendar Year that Producer elects to take
its Plant Products in-kind, Processor shall not be required to pay the Plant Products Price. Additionally, during any such Calendar Year, the “Take In-Kind
Terms” set forth in Article IX and Exhibit E, as well as the applicable title, possession, and liability provisions of Article XIII and Article XIV shall apply. 

  
 Page 15 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 Section 2.6    Modification of System
Capacity. Other than during periods of emergency and/or required Maintenance, Processor shall not take, without Producer’s prior written consent, any action that could cause the Plant Capacity to be reduced below the aggregate capacity
needed to satisfy all of Processor’s Firm contracts. 
 Section 2.7    Priority of Gas
Services; Curtailment. Processor covenants that it shall not oversubscribe Processor’s Facilities or take additional production into Processor’s Facilities if, as a result, Processor is unable to perform its Service obligations under
this Agreement. Processor agrees to not provide services of any kind for any Third Party Gas on a basis that has a priority (i) higher than or (ii) equal to that to which Producer is entitled under this Agreement without Producer’s
prior written consent; provided, however, that in the case of (ii), (A) such consent shall not be required as long as capacity equal to the Producer’s Reserved Capacity remains reserved for Producer in Processor’s Facilities (which, for
clarity, remains subject to curtailment pursuant to the last sentence of this Section 2.7, including subparts (a) and (b)), and (B) such consent, if required, shall not be unreasonably withheld if the Third Party
agreement shall not be reasonably expected to impact Processor’s ability to perform its obligations to Producer under this Agreement. If for any reason, including, without limitation, Force Majeure, maintenance, or constraints at Redelivery
Point(s), Processor needs to curtail receipt, processing or delivery of Gas at the Processor’s Facilities, the following procedures shall be followed: 
  

	 	(a)	 First, Gas deliveries from all customers other than Producer and Similarly Situated Customers shall be
curtailed prior to any curtailment or interruption of Producer’s Gas or Gas from Similarly Situated Customers; and 

(b)    Second, if additional curtailments are required beyond Section 2.7(a) above, Processor
shall notify Producer and the Similarly Situated Customers of such curtailment and require good faith estimates of expected gas volumes from Producer and Similarly Situated Customers. Processor shall then allocate the Plant Capacity at the affected
Delivery Point on a pro rata basis based upon Producer’s and each Similarly Situated Customer’s respective good faith estimates for the affected point. 

Section 2.8    Third Party Gas. Processor agrees that it shall not accept Third Party Gas
into the Processor’s Facilities if such Third Party Gas shall cause Producer’s Gas to not meet the Redelivery Point Gas Quality Specifications. 

Section 2.9    Operation and Maintenance of Processor’s Facilities.
Processor shall (i) be entitled to complete operational control of the Processor’s Facilities and (ii) construct, install, own, operate, and maintain, at its sole cost, risk and expense, the facilities in accordance with all
applicable laws, as a reasonably prudent operator and, to the extent reasonably possible, in a cost-efficient and effective manner for Producer. For the avoidance of doubt, Processor shall have the right to deliver Producer’s Non-Processable Gas to the Cryos as long as Processor settles Producer’s Fees and FL&U based on the Non-Processable Gas terms in this Agreement. 

Section 2.10    Commingling. The Parties agree that Producer’s Gas may constitute
part of the supply of Gas from multiple sources, and Processor shall have the right, subject to Processor’s obligations under this Agreement, to commingle Producer’s Gas with other Gas, to deliver Residue Gas and Plant Products containing
molecules different from those received at the Delivery Points, and to handle the molecules delivered at the Delivery Points in any manner. 

  
 Page 16 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 Section 2.11     Acquisitions by Affiliates
of Producer. If any Affiliate of Producer acquires any fee ownership, working interest ownership, mineral ownership, leasehold ownership, farmout, or other contractual arrangement or arising from any pooling, unitization, or communitization of
any of the foregoing rights within the Dedicated Area (“Affiliate Interests”), then Producer shall use its best efforts to cause any applicable Affiliate of Producer who acquires such Affiliate Interests to execute and deliver to
Processor (i) a joinder to this Agreement in the form of Exhibit J attached hereto and (ii) a memorandum of this Agreement in the form set forth on Exhibit G. In the event that an Affiliate of Producer becomes a Producer
under this Agreement, the liabilities of Producer and each such Affiliate of Producer shall be several and not joint. 

Section 2.12    Producer’s Right to Deliver Other Gas. Subject to the terms and
conditions of this Agreement and availability of capacity, Producer shall have the continuing right to deliver Producer’s equity Gas production and Gas that Producer controls as operator on behalf of
non-operating partners from outside of the Dedicated Area to Processor at any one or more Delivery Point(s), and Processor shall provide the Services for such Gas at Processor’s Facilities; provided that
such Gas shall not be dedicated under this Agreement. 
 ARTICLE III 

DELIVERY POINTS AND PRESSURE 

Section 3.1    Delivery Points. The delivery points for all Producer’s Gas delivered
by Producer under this Agreement shall be the location where Producer’s Gas enters the inlet flange of the Processor’s Facilities located at the points identified on Exhibit B of this Agreement (each, a “Delivery Point,”
and together, the “Delivery Points”). 
 Section 3.2    Pressure at
Delivery Points. Producer shall cause Producer’s Gas to be delivered to the Delivery Points at a pressure sufficient to enter the Processor’s facilities, provided that Processor maintains the operating pressures at not more than [***]
psig at the inlet to any Central Conditioning Facilities and at all other Low Pressure Delivery Points. Processor shall maintain a minimum operating pressure at the inlet to the Cryogenic Processing Facilities and at the High Pressure Gas Lift
Redelivery Points of no less than the minimum pressure for each such point as detailed on Exhibit B. Producer shall not deliver Gas at a pressure in excess of the MAOP at the Delivery Point, as such MAOP may exist from time to time. As of the
Effective Date, the MAOP at each Delivery Point shall be listed on Exhibit B, and Processor shall give written notice to Producer at any time thereafter that the MAOP for any Delivery Point changes and for each additional Delivery Point when it is
added. 
 Section 3.3    Pressure at Residue Gas Redelivery Points. If Producer elects
to take its Residue Gas in-kind, Processor shall redeliver Residue Gas at a pressure sufficient to enter the receiving facilities at such Residue Gas Redelivery Point, but shall not deliver such Gas at a
pressure in excess of the MAOP of such receiving facilities, as such MAOP may exist from time to time. 

Section 3.4    Pressure at Plant Product Redelivery Points. If Producer elects to take
its Plant Products in-kind, Processor shall redeliver Plant Products at a pressure sufficient to enter the receiving facilities at each Plant Product Redelivery Point, but shall not deliver such Plant Products
at a pressure in excess of MAOP of such receiving facilities, as such MAOP may exist from time to time. 

  
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Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 Section 3.5    Release Rights. At any
time that the operating pressure at a Delivery Point is not in compliance with the required operating pressure or is in excess of the MAOP for any reason, including Force Majeure, Producer shall be entitled to an immediate temporary release from
dedication and may immediately dispose of and/or deliver to any third Person any of Producer’s Gas available for delivery at such Delivery Point. In the event the operating pressure is not in compliance with the required pressure for a
cumulative thirty (30) Days in any ninety (90) Day period for reasons other than Force Majeure, then upon Producer’s written notice to Processor, Processor shall have fifteen (15) Days from receipt of such notice to propose a
feasible plan that shall, at Processor’s sole cost and expense, resolve the pressure issue within sixty (60) Days after proposing such plan (the “Resolution Period”) so that the pressure shall be maintained in compliance
with the required pressure (including when all available Gas is delivered to the Delivery Point(s), i.e., including all of Producer’s Gas that may have been temporarily released). If (a) Processor fails to propose a resolution within the
stated fifteen (15) Days, (b) the issue is not resolved after completion of Processor’s resolution, or (c) Processor does not complete its proposed resolution within the Resolution Period for any reason (but if Processor’s
completion is delayed or prevented by reason of Force Majeure, the Resolution Period shall be extended by an additional 120 Days), then Producer may elect, by giving written notice to Processor, to either (i) a permanent release from dedication
as to any affected Delivery Point(s) and the portion(s) of the Dedicated Area associated with such Delivery Point(s) (and such released portion(s) may be stated in terms of wells and/or acreage) or (ii) until the pressure issue has been
resolved, a [***] percent ([***]%) reduction in the then-existing applicable Fees for a volume of Gas equal to Producer’s good-faith estimate of the volumes that would have been delivered to the affected Delivery Points under this Agreement;
provided, however, Producer shall not be entitled to the remedies set forth in either subsection (i) or subsection (ii) to the extent that (x) any Receipt Point(s) upstream of the Delivery Point are in compliance with the Required
Pressure (as defined in the Gas Gathering Agreement) for such Receipt Point(s) or (y) Producer’s good-faith estimate of volumes exceeds the last 2-Year Forecast Producer delivered to Processor in
accordance with Section 2.1(c). If Producer elects a permanent release and the pressure issue only affects certain, specific Delivery Point(s), Producer’s permanent release shall be limited to such affected Delivery
Point(s) and the portion of the Dedicated Area connected upstream of such affected Delivery Point(s), including existing and future wells within such portion of the Dedicated Area. If Producer elects a permanent release and the pressure issue
affects all Delivery Points receiving Processable Gas or all Delivery Points receiving Non-Processable Gas, the portion(s) of the Dedicated Area to be released shall be designated by Producer, acting
reasonably and in good faith, provided that Producer shall provide to Processor (subject to the confidentiality and non-use restrictions set forth in this Agreement) reasonable evidence to support
Producer’s determination of the portion(s) of the Dedicated Area to be released, and as long as Producer’s determination of the areas to be released is reasonably supported, such determination shall be deemed conclusive. Producer’s
right to a release from dedication or Fee reduction under this Section 3.5 shall not be deemed an election of remedies, and Producer shall be entitled to any and all other remedies, including specific performance and
injunctive relief (without the need to post any bond). 

  
 Page 18 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 ARTICLE IV 

GAS QUALITY 

Section 4.1    Gas Quality Specifications. Processable Gas shall meet the Gas Quality
Specifications set forth in Exhibit D-1. Non-Processable Gas shall meet the Gas Quality Specifications set forth in Exhibit D-2. Notwithstanding anything in this Article
IV to the contrary, the Parties acknowledge that, as of the Effective Date, Processor is accepting Producer Gas from certain Sour Gas Receipt Points listed on Exhibit D-1 for Producer’s Processable
Gas and Exhibit D-2 for Producer’s Non-Processable Gas that may not conform to the applicable Gas Quality Specifications, and the Parties agree that as long as
(i) the concentration of the respective non-conforming Gas Quality Specification or daily delivered volume does not exceed 110% of the Baseline Conditions as stated on
Exhibit D-1 for Producer’s Processable Gas and Exhibit D-2 for Producer’s Non-Processable Gas and
(ii) the conditions of Section 4.2 are satisfied, Producer Gas delivered from such sources during the Term shall not be considered Off-Spec Gas. 

Section 4.2    Non-Conforming Gas. If at any time
(i) the weighted average by volume of Producer’s Processable Gas received at all Delivery Points fails to conform to the Gas Quality Specifications set forth in Exhibit D-1, (ii) the weighted
average by volume of Producer’s Non-Processable Gas received at all Delivery Points fails to conform to the Gas Quality Specifications set forth in Exhibit D-2, or
(iii) Producer’s Gas received at any Receipt Point contains more than one hundred (100) parts per million by volume of hydrogen sulfide or more than six percent (6%) carbon dioxide by volume (in each case, “Off-Spec Gas”), then Processor shall promptly give Producer written notice of the deficiency and shall have the right to cease taking any Off-Spec Gas. In addition,
Processor shall give Producer written notice (a “Near Off-Spec Notice”) if Producer’s Gas reaches eighty percent (80%) of the applicable specification for hydrogen sulfide, carbon
dioxide, or nitrogen, and such Near Off-Spec Notice shall remain in effect until Producer’s Gas has not exceeded fifty percent (50%) of the applicable specifications for hydrogen sulfide, carbon
dioxide, and nitrogen for five (5) consecutive Days; provided, that if the circumstances giving rise to a Near Off-Spec Notice last for more than one Month, Processor shall provide an updated Near Off-Spec Notice for each Month that the situation continues. 

Section 4.3    Reimbursement for Costs and Expenses. Producer shall reimburse Processor
for actual, reasonable costs and expenses directly resulting from damage to (i) the Processor’s Facilities, (ii) other customers’ Gas, and (iii) all third parties located downstream of Processor’s Facilities, to the
extent such damage is directly caused by the delivery to the Processor’s Facilities of Producer’s Gas that is Off-Spec Gas, except when Processor knowingly accepts such Off-Spec Gas into the Processor’s Facilities. Notwithstanding the above or anything else in this Agreement, Producer’s responsibility under this
Section 4.3 shall be for actual, direct damages only, and in no event shall this Section 4.3 require Producer to pay or in any
way be responsible for the Consequential Damages of any Person. 
 ARTICLE V 

MEASUREMENT 

Section 5.1    Equipment and Specifications. Producer’s Gas delivered to the
Processor’s Facilities shall be measured by Processor at each Receipt Point, each Delivery Point, each High Pressure Gas Lift Redelivery Point, and any point on the gathering system upstream of Processor’s

  
 Page 19 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 
Facilities where buyback gas is redelivered to Producer, and the Residue Gas and Plant Products shall be measured at the meter(s) at the applicable Redelivery Point(s). The meters and appurtenant
facilities shall be installed, operated, and maintained by Processor in accurate working order and condition, in accordance with the requirements set forth in this Article V, with good and workmanlike standards generally practiced by
reasonably prudent gas processing operators, and in accordance with all laws. 

Section 5.2    Gas Meter Standards. Orifice meters installed in such measuring stations
for Gas shall be constructed and operated in accordance with ANSI/API 2530 API 14.3, AGA Report No. 3, Orifice Metering of Natural Gas and Other Related Hydrocarbon Fluids (including as it may be revised from time to time) and shall
include the use of flange connections and, where necessary, straightening vanes, flow conditioners and/or pulsation dampening equipment. Ultrasonic meters or Coriolis meters installed in such measuring stations shall be constructed and operated in
accordance with AGA Report No. 9, Measurement of Gas by Ultrasonic Meters, First Edition, and AGA Report No. 11, Measurement of Natural Gas by Coriolis Meter, respectively; and any subsequent modification and amendment
thereof generally accepted within the Gas industry. Electronic flow computers shall be used and the Gas shall have its volume, mass, and/or heat content computed in accordance with the applicable AGA standards including, but not limited to, AGA
Report Nos. 3, 5, 6, 7, 8 and API 21.1 “Flow Measurement Using Electronic Metering Systems” and any subsequent modifications and amendments thereof generally accepted within the Gas industry. When Gas chromatographs are used they
shall be installed, operated, maintained, and verified according to industry standards (GPA 2261, GPA 2145, GPA 2172, and GPA 2177). 

Section 5.3    Notice of Measurement Equipment Inspection and Calibration. Each Party
shall give seventy-two (72) hours’ notice to the other Party in order that the other Party may, at its option, have representatives present to observe any reading, inspecting, testing, calibrating,
or adjusting of measuring equipment used in measuring or checking the measurement of receipts or deliveries of Gas under this Agreement. The official electronic data from such measuring equipment shall remain the property of the measuring equipment
owner, but copies of such records shall, upon written request, be submitted, together with calculations and flow computer configurations therefrom, to the requesting Party for inspection and verification. 

Section 5.4    Measurement Accuracy Verification. Each Party shall verify the accuracy of
all transmitters, flow computers, and other equipment used in the measurement of the Gas hereunder at intervals not to exceed one hundred eighty (180) Days and cause such equipment to be adjusted or calibrated as necessary. Testing frequency
shall be based upon each Delivery Point flow rate (Mcf/Day). Any flow rate at a Delivery Point that is: (x) greater than 1,000 Mcf/Day shall be tested Monthly, (y) between 101 and 1,000 Mcf/Day shall be tested quarterly, and (z) less
than 100 Mcf/Day shall be tested semi-annually. Neither Party shall be required to cause adjustment or calibration of such equipment more frequently than once every Month, unless a special test is requested pursuant to
Section 5.5. If, upon testing, (i) no adjustment or calibration error is found that results in an incremental adjustment to the calculated flow rate through each meter run in excess of two percent (2%) of the adjusted
flow rate (whether positive or negative and using the adjusted flow rate as the percent error equation denominator) or (ii) any quantity error is not greater than two hundred fifty (250) Mcf per Month, then any previous recordings of such
equipment shall be considered accurate in computing deliveries but such equipment shall be adjusted or calibrated at once. If, during any test of the measuring equipment, an adjustment or 

  
 Page 20 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 
calibration error is found that results in (i) an incremental adjustment to the calculated flow rate through each meter run in excess of two percent (2%) of the adjusted flow rate (whether
positive or negative and using the adjusted flow rate as the percent error equation denominator) and (ii) a quantity error greater than two hundred fifty (250) Mcf per Month (“Material Measurement Error”), then any
previous recordings of such equipment shall be corrected to zero error for any period during which the error existed (and which is either known definitely or agreed to by the Parties) and the total flow for such period shall be determined in
accordance with the provisions of Section 5.6. If the period of error condition cannot be determined or agreed upon between the Parties, such correction shall be for a period extending over the last one half (1/2) of the
time elapsed since the date of the last test. 
 Section 5.5    Special Tests. In the
event a Party desires a special test (a test not scheduled by a Party under the provisions of Section 5.4) of any measuring equipment, seventy-two (72) hours’ advance notice
shall be given to the other Party and, after providing such notice, such test shall be promptly performed. If no Material Measurement Error is found, the Party requesting the test shall pay the costs of such special test including any labor and
transportation costs pertaining thereto. If a Material Measurement Error is determined to exist, the Party responsible for such measurement shall pay such costs and perform any corrections required under Section 5.4. 

Section 5.6    Metered Flow Rates in Error. If, for any reason, any measurement equipment
is (i) out of adjustment, (ii) out of service, or (iii) out of repair, and, in each case, a Material Measurement Error exists as a result thereof, the total quantity of Gas delivered shall be determined in accordance with the first of
the following methods which is feasible: 
 (a)    by using the registration of any mutually agreeable check metering
facility, if installed and accurately registering (subject to testing as provided for in Section 5.4); 

(b)    where multiple meter runs exist in series, by calculation using the registration of such meter run equipment;
provided that they are measuring Gas from upstream and downstream headers in common with the faulty metering equipment, are not controlled by separate regulators, and are accurately registering; or 

(c)    by estimating the quantity, based upon deliveries made during periods of similar conditions when the meter was
registering accurately. 
 Section 5.7    Record Retention. Processor shall retain and
preserve all test data, charts, and similar records for any Calendar Year for a period of at least sixty (60) Months, unless any applicable Law requires a longer time period or Processor has received written notification of a dispute involving
such records, in which case all records shall be retained until the related issue is resolved. 

Section 5.8    Correction Factors for Volume Measurement. The computations of the volumes
of Gas measured shall be made as follows: 
 (a)    The hourly orifice coefficient for each meter shall be calculated at
the base pressure of fourteen and sixty-five hundredths (14.65) psia and the base temperature of sixty (60) degrees Fahrenheit. All Gas volume measurements shall be based on a local atmospheric pressure assumed to be thirteen and seven-tenths
(13.7) psia. 

  
 Page 21 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 (b)    The flowing temperature of the Gas shall be continuously
measured. In the case of electronic metering, such temperature measurement shall be used as continuous input to the flow computer for calculation of Gas volume, mass and/or energy content in accordance with the applicable AGA or API 21.1 standards
including, but not limited to, AGA Report Nos. 3, 5, 6, 7 and 8 and any subsequent modification and amendments thereof generally accepted within the Gas industry. 

(c)    Measurements of inside diameters of pipe runs and orifices shall be obtained by means of a micrometer to the
nearest one-thousandth of an inch, and such measurements shall be used in computations of coefficients. 

(d)    In determining the volume of Gas, when electronic transducers and flow computers are used, the Gas shall have its
volume, mass and/or energy content continuously integrated in accordance with the applicable AGA standards including, but not limited to, AGA report Nos. 3, 5, 6, 7 and 8 and any subsequent modification and amendments thereof generally accepted
within the Gas industry. 
 (e)    In calculating the volume of Gas, deviation from Boyle’s Law at the pressure,
specific gravity, and temperature for each measurement shall be determined by use of AGA Report No. 8, Compressibility Factors for Natural Gas and Other Related Hydrocarbon Gases, published by the AGA in conjunction with
Gas Measurement Committee Report No. 3 and amendments thereto generally accepted within the Gas industry. 

(f)    Whenever the conditions of pressure and temperature differ from the standards described herein, conversion of the
volume from these conditions to the standard conditions shall be made in accordance with the Ideal Gas Laws, corrected for deviation by the methods set forth in the AGA Gas Measurement Committee Report No. 3, as said report
may be amended from time to time. 
 Section 5.9    Exception to Gas Measurement Basis.
If at any time the basis of measurement set out in this Agreement should conflict with any Law, then the basis of measurement provided for in such Law shall govern measurements hereunder. 

Section 5.10    Gas Sampling. Receipt Point meters downstream of new wells or wells that
have been changed due to a workover or other well bore alteration that could alter the Gas composition shall be sampled Monthly until the analyses demonstrate reasonable consistency. After such time, said meters shall then be sampled at the stated
calibration frequency. Processor shall install and maintain a Gas composite sampler at each of the Receipt Points. 

(a)    Receipt Points and Delivery Points. The composition, specific gravity and Gross Heating Value of
Producer’s Gas shall be determined by the measuring party taking a sample at the same frequency as the meter calibration test. The sample shall be acquired through an on-line chromatograph or a composite
sampler. The analytical results shall be applied at the beginning of the Month the sample is taken until a subsequent representative sample is applied. 

(b)    Residue Gas Redelivery Points. The composition, specific gravity, and Gross Heating Value of Producer’s
Residue Gas shall be determined by the measuring party taking a sample at the same frequency as the meter calibration test. The sample shall be acquired through either an on-line Gas chromatograph or a
composite sampler. The analytical results shall be applied at the beginning of the Month the sample is taken until a subsequent representative sample is applied. 

  
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Gas Processing Agreement dated September 1, 2021 
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Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 (c)    The specific gravity of Gas at all applicable measurement points
shall be determined by a Gas chromatographic component analysis to the nearest one thousandth (0.001) of the samples of the Gas taken for test purposes as provided above, or by such other method as shall be mutually agreed upon. 

(d)    The Gross Heating Value shall be measured by Gas chromatographic analysis or component analysis of the
samples of the Gas taken for test purposes as provided above, or by such other method as shall be mutually agreed upon. 

(e)    The Gas received by Processor at Delivery Points other than those at the inlet of a Cryogenic Processing Facility
shall be deemed as saturated with water and the Gas shall be measured and settled as saturated at base pressure and base temperature. 

Section 5.11    Modifications to Measurement Procedures. In the event the measurement
procedures herein cease to be reflective of actual operations or become inequitable in any respect, such measurement procedures shall be modified to reflect actual operations and to remove such inequities, as long as such modified measurement
procedures are consistently applied to Producer and all other customers at the Processor’s Facilities. 

Section 5.12    Substitute Measurement and Sampling. Notwithstanding anything in this
Article V to the contrary, for any of the Receipt Point(s) where Producer has installed a meter in accordance with the standards set forth in Section 5.2, Processor shall not be obligated to install its own meter and
may use the measurements and samples taken by Producer at the Receipt Point(s). Additionally, notwithstanding anything in this Article V to the contrary, Processor is not obligated to install its own meter at a Delivery Point and may use
aggregate measurements and samples taken at all Receipt Points upstream of such Delivery Point. When relying on Producer’s Receipt Point meters, Processor shall have the right to witness meter provings and have access to raw measurement data
collected. For the avoidance of doubt, if Processor installs its own Receipt Point meters or any upstream gatherer installs a Receipt Point meter and makes it available to Processor, then Processor shall use such meters, as appropriate, for custody
transfer measurement under this Agreement. 
 ARTICLE VI 

FEES, FUEL, AND CONSIDERATION 

Section 6.1    Fees. 

 

	 	(a)	 Non-Processable Gas. Producer shall pay to Processor the
applicable Central Conditioning Fee, set forth in Exhibit C, for all Producer’s Non-Processable Gas measured at all low pressure Receipt Points, less
Non-Processable Gas redelivered to Producer upstream of the low pressure Delivery Points and at the High Pressure Gas Lift Redelivery Points. 

  
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Gas Processing Agreement dated September 1, 2021 
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Midstream Processing LP (Processor) and Apache Corporation (Producer) 

	 	(b)	 Processable Gas. Producer shall pay to Processor the applicable Cryogenic Processing Fee, set forth in
Exhibit C, on the Plant Inlet Volume. 

  

	 	(c)	 Gas Lift Fee. During the Gas Lift Redelivery Period, Producer shall pay to Processor the Gas Lift Fee
for all of Producer’s Gas redelivered to Producer at the High Pressure Gas Lift Redelivery Point(s). 

  

	 	(d)	 Treating Fee. During any Month that the weighted average by volume of Producer’s Processable
Gas received at all Delivery Points exceeds 4ppm for hydrogen sulfide, then Producer shall pay to Processor the applicable Treating Fee set forth in Exhibit C for volumes at any Receipt Point that exceed 4ppm for hydrogen sulfide. Similarly, during
any Month that the weighted average by volume of Producer’s Processable Gas received at all Delivery Points exceeds the Gas Quality Specification set forth in Exhibit D-1 for carbon dioxide, then Producer
shall pay to Processor the applicable Treating Fee set forth in Exhibit C for volumes at any Receipt Point that exceed the Gas Quality Specifications set forth in Exhibit D-1 for carbon dioxide.
Notwithstanding the foregoing, Producer shall not be required to pay more than one Treating Fee for Producer’s Processable Gas at a Receipt Point, and if Producer’s Processable Gas at any Receipt Point both exceeds 4ppm for hydrogen
sulfide and does not meet the Gas Quality Specifications as set forth in Exhibit D-1 for carbon dioxide, only the Treating Fee which calculates to the largest resultant fee per Mcf for such Receipt Point shall
apply. 

 Section 6.2    FL&U. For Services provided at the
Central Conditioning Facility, or Cryogenic Processing Facility to which Producer’s Gas is delivered, Producer shall bear responsibility for the Non-Processable Gas FL&U and the Processable Gas
FL&U, whichever is applicable to the Receipt Point. 
 Section 6.3    Fee
Adjustment. As of each July 1, all Fees shall each be automatically adjusted upward or downward by the percentage change in the Chained Consumer Price Index for All Urban Consumers, all items less food and energy, as and when published and
considered final by the U.S. Department of Labor Bureau of Labor Statistics calculated for the twelve (12) Months immediately preceding the date of escalation; provided, however, no Fee shall ever be adjusted below its original amount as
of the Effective Date; and, provided, further, that the amount of adjustment for each year shall not exceed [***] percent ([***]) per annum. 

ARTICLE VII 

PRICE AND ALLOCATIONS 

Section 7.1    Residue Gas and Plant Products Purchases. Except to the extent that
Producer has elected to take its Residue Gas and/or its Plant Products in-kind pursuant to Sections 2.5(c) and 2.5(d), as full consideration for Producer’s Residue Gas and Producer’s
Plant Products attributable to Producer’s Gas and all its components delivered to Processor each month at the Delivery Points, Processer shall pay Producer: (i) the Residue Gas Price for each MMBtu of

  
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Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 
Producer’s Residue Gas and (ii) the Plant Products Price for each gallon of each component contained in Producer’s Plant Products. No separate payment is due under this Agreement
for helium, sulfur, CO2, or other non-hydrocarbons. 

Section 7.2    Allocation of Residue Gas and Plant Products. Processor shall determine,
on a Monthly basis, the Residue Gas and Plant Products attributable to Producer’s Gas using the allocation methodologies set forth in Exhibit F. From time to time Processor may make changes and adjustments in its allocation methods to improve
accuracy, provided that Processor provides written notice, evidencing the reasons for the necessary changes and adjustments, to Producer prior to making such changes or adjustments. 

ARTICLE VIII 

RESIDUE GAS REDELIVERY PROCEDURES 

Section 8.1    Procedure for Residue Gas Disposition. When Producer has elected to take
its Residue Gas in-kind, Processor shall return to Producer, or for Producer’s account, Producer’s Residue Gas at the Residue Gas Redelivery Points. 

Section 8.2    Disposition of Producer’s Residue Gas. Producer shall arrange for the
disposition and sale of Producer’s Residue Gas actually delivered to Producer or for Producer’s account. If Producer fails to provide for the disposition and sale of that Residue Gas (i.e., Producer fails to nominate on a downstream
pipeline), Processor shall, in a commercially reasonable manner, arrange for disposition and sale of that Residue Gas and shall remit the net proceeds to Producer after deductions for all reasonable transportation charges, a marketing fee of $0.05
per MMBtu, and other actual, reasonable costs associated with the disposition and sale of Producer’s Residue Gas. Processor’s remittance of such net proceeds to Producer shall include the gross sales proceeds at which such Residue Gas was
sold and reasonably detailed documentation of all such costs and charges deducted from such gross sales proceeds. 

Section 8.3    Quality. The Residue Gas delivered by Processor from the Processor’s
Facilities to Producer or for Producer’s account at the Residue Gas Redelivery Point(s) must meet all quality specifications of the Producer’s designated receiving pipeline(s), as such quality specifications are in effect as of the
Effective Date, and if at any time after the Effective Date the applicable receiving pipeline changes its quality specifications to be more stringent, Processor shall have the right to make corresponding revisions to the quality specifications set
forth in Exhibit D in amounts consistent with the receiving pipeline’s changes. Any Residue Gas redelivered by Processor which does not conform with all of the aforesaid quality requirements is referred to herein as “Non-Conforming Residue Gas”. Processor shall reimburse Producer for any and all actual, reasonable costs and expenses directly resulting from damage to Producer and all third parties located downstream of
Processor’s Facilities to the extent such damage is directly caused by the redelivery to the Producer or for Producer’s account of Non-Conforming Residue Gas. Notwithstanding the above or
anything else in this Agreement, Processor’s responsibility under this Section 8.3 shall be for actual, direct damages only, and in no
event shall this Section 8.3 require Processor to pay or in any way be responsible for the Consequential Damages of any Person. Except for Processor’s
rights to make adjustments to the quality specifications in Exhibit D, the terms of this Section 8.3 shall not apply to the extent that Producer’s Gas delivered to Processor was
Off-Spec Gas that Processor did not knowingly accept and such Off-Spec Gas caused the Residue Gas to be Non-Conforming Residue
Gas. 

  
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Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 ARTICLE IX 

PLANT PRODUCTS REDELIVERY PROCEDURES 

Section 9.1    Procedure for Plant Product Disposition. When Producer has elected to take
its Plant Products in-kind, Processor shall return to Producer, or for Producer’s account, Producer’s Plant Products at the Plant Products Redelivery Points in the form of raw mix of natural gas
liquids. 
 Section 9.2    Disposition of Producer’s Plant Products. Producer
shall arrange for the disposition and sale of its share of Plant Products actually delivered to Producer or for Producer’s account. If Producer fails to provide for the disposition and sale of its share of Plant Products actually delivered to
it, Processor may arrange for disposition and sale of those Plant Products and Processor shall remit the net proceeds to Producer after deductions for all actual, reasonable transportation and fractionation charges, a marketing fee of $0.005 per
Gallon, and other actual, reasonable costs associated with the disposition and sale of such Plant Products. Processor’s remittance of such net proceeds to Producer shall include the price at which each Plant Product was sold and reasonably
detailed documentation of all such costs and charges deducted from such sale price. 

Section 9.3    Quality. The Plant Products delivered by Processor to Producer or for
Producer’s account at the Plant Products Redelivery Points must meet all quality requirements of the Producer’s designated receiving pipeline(s), as such quality specifications are in effect as of the Effective Date, and if at any time
after the Effective Date the applicable receiving transporter changes its quality specifications to be more stringent, Processor shall have the right to make corresponding revisions to the quality specifications set forth in Exhibit D in amounts
consistent with the receiving transporter’s changes. Any Plant Products redelivered by Processor which do not conform with all of the aforesaid quality requirements is referred to herein as “Non-Conforming Plant
Products”. Processor shall reimburse Producer for actual, reasonable costs and expenses directly resulting from damage to reimburse Producer and all third parties located downstream of Processor’s facilities to the extent such damage
is directly caused by the redelivery to the Producer or for Producer’s account of Non-Conforming Plant Products. Notwithstanding the above or anything else in this Agreement,
Processor’s responsibility under this Section 9.3 shall be for actual, direct damages only, and in no event shall this
Section 9.3 require Processor to pay or in any way be responsible for the Consequential Damages of any Person. Except for Processor’s rights to make
adjustments to the quality specifications in Exhibit D, the terms of this Section 9.3 shall not apply to the extent that Producer’s Gas delivered to Processor was Off-Spec
Gas that Processor did not knowingly accept and such Off-Spec Gas caused the Plant Products to be Non-Conforming Plant Products. 

  
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Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 ARTICLE X 

PAYMENTS 

Section 10.1    Payments and Invoices. Processor shall provide Producer with a detailed
statement and supporting documentation for the net amount of all consideration due from Producer to Processor under the terms of this Agreement (net of any amounts due from Processor to Producer under this Agreement), not later than the last Day of
the Month immediately following the Month for which the consideration is due (such statement, the “Monthly Statement”); provided that if measurements are based on those of Producer at the Receipt Point(s)as permitted in
Section 5.12, then Processor is not required to provide the Monthly Statement until at least ten (10) Days after Producer provides its measurements at the Receipt Point(s). Not later than thirty (30) Days
following Producer’s receipt of a Monthly Statement, Producer shall pay to Processor all net amounts due and owing from Producer to Processor under the Monthly Statement. If a good faith dispute arises as to a Monthly Statement, Producer shall
provide Processor a written notice of dispute on or before the date payment is due for same, setting forth, in reasonable detail, the grounds for such dispute. Notwithstanding the delivery of a dispute notice, Producer shall pay to Processor the
undisputed portions of each Monthly Statement in accordance with the terms of this Agreement. Any amounts owing by Processor to Producer shall be paid simultaneously with delivery of the Monthly Statement. Payments to either Party shall be according
to the applicable payment instructions set forth in Article XVI. If any payment due date falls on a non-Business Day, the payment shall be due on the first Business Day thereafter. 

Section 10.2    Netting, Offset of Amounts Due. Either Party shall have the right to
offset any undisputed amounts due by it under this Agreement against any undisputed amounts due to it under this Agreement and pay the net amount due to the other Party. 

Section 10.3    Interest on Late Payments. In the event either Party fails to make timely
payment of any amount when due under this Agreement (including any disputed amount which is later found to have been correct when payment was first requested), interest shall accrue, from the date payment was due until the date payment is made, at
an annual rate equal to the lower of: (a) the prime rate as published in the “Money Rates” section of The Wall Street Journal, plus two percent (2%), or (b) the maximum rate of interest allowed under applicable
Laws. 
 ARTICLE XI 

AUDIT RIGHTS 

Section 11.1 Audit Rights. 

(a)    Each Party shall have the right, at its own expense, upon thirty (30) Days’ written notice and during
reasonable working hours to perform an audit of the other Party’s books and records (“Audit”). The Audit provides the Parties the right to obtain access to and copies of the relevant portion of the books and records which
includes, but is not limited to, financial information, reports, charts, calculations, measurement data, allocation support, third-party support, telephone recordings, and electronic communications of the other Party to the extent reasonably
necessary to verify performance under the terms and conditions of this Agreement including the accuracy of any statement, allocation, charge, payment calculation or determination made pursuant to the provisions contained herein for any Calendar Year
within the twenty-four (24) Month period next following the end of such Calendar Year. The Party subject to the Audit shall respond to all exceptions and claims of discrepancies within ninety (90) Days of receipt thereof. 

  
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Gas Processing Agreement dated September 1, 2021 
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Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 (b)    Either Party has the right to Audit any agents of the other Party
or any third Person performing services related to this Agreement. Either Party shall have the right to make and retain copies of the books and records to the extent necessary to support the audit work papers and claims resulting from the Audit.
Additionally, the Parties reserve the right to perform site inspections or carry out field visits of the assets and related measurement being audited. 

(c)    The accuracy of any statement, allocation, charge, payment calculation, or determination made pursuant to the
provisions of the Agreement shall be conclusively presumed to be correct after the twenty-four (24) Month period next following the end of the Calendar Year in which the statement, allocation, charge, payment calculation, or determination was
generated or prepared, if not challenged (claimed) in writing prior thereto. For the avoidance of doubt, all claims shall be deemed waived unless they are made in writing within the twenty-four (24) Month period next following the end of the
Calendar Year in which the statement, allocation, charge, payment calculation, or determination was generated or prepared. 
 ARTICLE
XII 
 FORCE MAJEURE 

Section 12.1    Suspension of Obligations. In the event a Party is rendered unable,
wholly or in part, by Force Majeure to carry out its obligations under this Agreement, other than the obligation to indemnify, to make payments due hereunder, and/or to allocate Plant Products and Residue Gas based on the fixed recovery percentages
set forth in Section 2.5(a) and FL&U based on the fixed percentages set forth in Exhibit C, and such Party gives notice and reasonably full particulars of such Force Majeure in writing to the other Party promptly after the occurrence of the
cause relied on, then the obligations of the Party giving such notice, so far as and to the extent affected by such Force Majeure, shall be suspended during the continuance of any inability so caused, but for no longer period, and such cause shall
so far as possible be remedied with all reasonable dispatch by the Party claiming Force Majeure. A Force Majeure event affecting the performance of a Party shall not relieve it of liability in the event of its gross negligence, where such gross
negligence was the cause of, or a contributing factor in causing, the Force Majeure event, or in the event of its failure to use commercially reasonable efforts to remedy the situation and remove the cause with all reasonable dispatch. Additionally,
it is specifically understood that a Force Majeure shall in no way terminate each Party’s obligation to balance those volumes of Gas received and delivered hereunder. 

Section 12.2    Definition of Force Majeure. “Force Majeure” shall mean
any cause or causes not reasonably within the control of the Party claiming suspension and which, by the exercise of reasonable diligence, such Party is unable to prevent or overcome, including, without limitation, any of the following that meets
the foregoing criteria: acts of God, acts and/or delays in action of any Governmental Authority, strikes, lockouts, work stoppages or other industrial disturbances, acts of a public enemy, sabotage, wars, blockades, insurrections, riots, acts of
terror, epidemics, pandemics, public health crises, landslides, lightning, earthquakes, fires, storms, storm 

  
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Gas Processing Agreement dated September 1, 2021 
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Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 
warnings, floods, washouts, extreme cold or freezing weather, arrests and restraints of governments and people, civil or criminal disturbances, explosions, mechanical failures, breakage or
accident to equipment installations, machinery, compressors, or lines of pipe and associated repairs, freezing of wells or lines of pipe, partial or entire failure of wells, pipes, facilities, or equipment, electric power unavailability or
shortages, failure of third party pipelines, gatherers, or processors to deliver, receive, or transport Gas, and, in those instances where a Party is required to secure permits from any Governmental Authority to enable such Party to fulfill its
obligations under this Agreement, the inability of such Party, at reasonable costs and after the exercise of all reasonable diligence, to acquire such permits. It is understood and agreed that the settlement of strikes or lockouts shall be entirely
within the discretion of the Party having the difficulty and that the above requirement that a Force Majeure be remedied with all reasonable dispatch shall not require the settlement of strikes or lockouts by acceding to the demands of Persons
striking when such course is inadvisable in the sole discretion of the Party having the difficulty. 
 ARTICLE XIII 

INDEMNIFICATION 

Section 13.1    Definitions. The following terms are defined as follows. 

(a)    “Processor Indemnified Parties” means Processor and its Affiliates, and its and their respective
shareholders, stockholders, members, partners, officers, directors, employees, contractors, subcontractors and agents. 

(b)    “Producer Indemnified Parties” means Producer and its Affiliates, and its and their respective
shareholders, stockholders, members, partners, officers, directors, employees, contractors, subcontractors and agents. 

Section 13.2    PRODUCER’S CONTROL AND LIABILITY. AS BETWEEN PRODUCER AND PROCESSOR
UNDER THIS AGREEMENT, PRODUCER SHALL BE DEEMED IN CONTROL AND POSSESSION OF: (I) PRODUCER’S GAS BEFORE SUCH GAS IS DELIVERED TO PROCESSOR AT THE DELIVERY POINT, (II) WHEN PRODUCER HAS ELECTED TO TAKE ITS RESIDUE GAS IN-KIND, PRODUCER’S RESIDUE GAS AFTER SUCH RESIDUE GAS IS REDELIVERED TO PRODUCER AT THE RESIDUE GAS REDELIVERY POINT, AND (III) WHEN PRODUCER HAS ELECTED TO TAKE ITS PLANT PRODUCTS IN-KIND, PRODUCER’S PLANT PRODUCTS AFTER SUCH PLANT PRODUCTS HAVE BEEN DELIVERED TO THE PLANT PRODUCTS REDELIVERY POINT. WHEN PRODUCER’S GAS, RESIDUE GAS, OR PLANT PRODUCTS ARE IN THE CONTROL AND
POSSESSION OF PRODUCER AS DESCRIBED ABOVE, PRODUCER SHALL BE RESPONSIBLE FOR AND SHALL INDEMNIFY, HOLD HARMLESS, DEFEND, AND RELEASE PROCESSOR INDEMNIFIED PARTIES FROM ANY ACTUAL LOSS OR DAMAGE OR ACTUAL INJURY CAUSED BY PRODUCER’S GAS, RESIDUE
GAS, OR PLANT PRODUCTS WHILE IN A PRODUCER INDEMNIFIED PARTY’S CONTROL AND POSSESSION EXCEPT TO THE EXTENT CAUSED BY THE BREACH OF THIS AGREEMENT BY PROCESSOR OR THE NEGLIGENCE, GROSS NEGLIGENCE, WILLFUL MISCONDUCT, OR OTHER FAULT OF ANY
OF THE PROCESSOR INDEMNIFIED PARTIES OR EXCEPT TO THE EXTENT COVERED BY SECTION 13.4. PRODUCER’S 

  
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Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 
INDEMNIFICATION, HOLD HARMLESS, DEFENSE, AND RELEASE OBLIGATIONS UNDER THIS SECTION 13.2 SHALL BE SUBJECT TO THE LIMITATION OF DAMAGES AND THE WAIVER OF REMEDIES IN ARTICLE XIX.

 Section 13.3    PROCESSOR’S CONTROL AND LIABILITY. AS BETWEEN PRODUCER AND
PROCESSOR UNDER THIS AGREEMENT, PROCESSOR SHALL BE DEEMED IN CONTROL AND POSSESSION OF: (I) PRODUCER’S GAS AFTER SUCH GAS IS DELIVERED TO PROCESSOR AT THE DELIVERY POINT, (II) PRODUCER’S RESIDUE GAS UNLESS AND UNTIL SUCH RESIDUE
GAS HAS BEEN REDELIVERED TO PRODUCER AT THE RESIDUE GAS REDELIVERY POINT, AND (III) PRODUCER’S PLANT PRODUCTS UNLESS AND UNTIL SUCH PLANT PRODUCTS HAVE BEEN REDELIVERED TO PRODUCER AT THE PLANT PRODUCTS REDELIVERY POINT. WHEN
PRODUCER’S GAS, RESIDUE GAS, OR PLANT PRODUCTS ARE IN THE CONTROL AND POSSESSION OF PROCESSOR AS DESCRIBED HEREIN, PROCESSOR SHALL BE RESPONSIBLE FOR AND SHALL INDEMNIFY, HOLD HARMLESS, DEFEND, AND RELEASE PRODUCER INDEMNIFIED PARTIES FROM ANY
ACTUAL LOSS OR DAMAGE OR ACTUAL INJURY CAUSED BY PRODUCER’S GAS, RESIDUE GAS, OR PLANT PRODUCTS WHILE IN A PROCESSOR INDEMNIFIED PARTY’S CONTROL AND POSSESSION, EXCEPT TO THE EXTENT CAUSED BY THE BREACH OF THIS AGREEMENT BY PRODUCER
OR THE NEGLIGENCE, GROSS NEGLIGENCE, WILLFUL MISCONDUCT, OR OTHER FAULT OF ANY OF THE PRODUCER INDEMNIFIED PARTIES OR EXCEPT TO THE EXTENT COVERED BY SECTION 13.4. PROCESSOR’S INDEMNIFICATION, HOLD HARMLESS, DEFENSE, AND RELEASE
OBLIGATIONS UNDER THIS SECTION 13.3 SHALL BE SUBJECT TO THE LIMITATION OF DAMAGES AND THE WAIVER OF REMEDIES IN ARTICLE XIX. 

Section 13.4    Personal Injury Claims of Producer Indemnified Parties and Processor
Indemnified Parties. PRODUCER SHALL BE RESPONSIBLE FOR, AND SHALL INDEMNIFY, HOLD HARMLESS, DEFEND, AND RELEASE PROCESSOR INDEMNIFIED PARTIES FROM ANY AND ALL CLAIMS OR LOSSES FOR OR RESULTING FROM ANY BODILY INJURY, DEATH, OR ILLNESS SUFFERED
BY ANY OF THE PRODUCER INDEMNIFIED PARTIES ARISING OUT OF OR RELATING TO THE PARTIES’ ACTIVITIES UNDER THIS AGREEMENT, EXCEPT TO THE EXTENT SUCH INJURY IS CAUSED BY THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF ANY SUCH PROCESSOR
INDEMNIFIED PARTIES. PROCESSOR SHALL BE RESPONSIBLE FOR, AND SHALL INDEMNIFY, HOLD HARMLESS, DEFEND, AND RELEASE PRODUCER INDEMNIFIED PARTIES FROM ANY AND ALL CLAIMS OR LOSSES FOR OR RESULTING FROM ANY BODILY INJURY, DEATH, OR ILLNESS SUFFERED BY
ANY OF THE PROCESSOR INDEMNIFIED PARTIES ARISING OUT OF OR RELATING TO THE PARTIES’ ACTIVITIES UNDER THIS AGREEMENT, EXCEPT TO THE EXTENT SUCH INJURY IS CAUSED BY THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF ANY SUCH PRODUCER
INDEMNIFIED PARTIES. 
 Section 13.5    Insurance. In support of the liability and
indemnity obligations assumed by the Parties in this Agreement, each Party agrees to obtain and maintain, at its own expense, insurance coverages in the types and amounts which are comparable with its peers and that is generally carried by companies
performing the same or similar activities as the Parties in this 

  
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Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 
Agreement. In addition, each Party shall comply with all statutory insurance requirements determined by governmental laws and regulations, as applicable. To the extent of the Parties’
indemnity obligations or liabilities assumed under this Agreement, (i) each Party’s insurance coverage shall be primary to and shall receive no contribution from any insurance maintained by the Indemnified Parties, and (ii) any
insurance of each Party shall waive rights of subrogation against the Indemnified Parties and include the Indemnified Parties as additional insured under any applicable coverages. Failure to obtain adequate insurance coverage shall in no way relieve
or limit any indemnity or liability of either Party under this Agreement. 
 ARTICLE XIV 

TITLE 

Section 14.1    Producer’s Warranty. Producer warrants that it owns,
or has the right to deliver, Producer’s Gas to the Delivery Points for the purposes of this Agreement, free and clear of all liens, encumbrances, and adverse claims. If the title to Producer’s Gas delivered hereunder is disputed or is
involved in any legal action in any material respect, Processor shall have the right to withhold payment (without interest), or cease receiving such Gas, to the extent of the interest disputed or involved in legal action, during the pendency of the
action or until title is freed from the dispute or until Producer furnishes, or causes to be furnished, indemnification to save Processor harmless from all Claims or Losses arising out of the dispute or action, with surety reasonably acceptable to
Processor. Subject to Sections 19.9 and 19.10, Producer agrees to indemnify the Processor Indemnified Parties from and against all Claims or Losses suffered by the Processor Indemnified Parties, to the extent such Claims or Losses arise out
of a breach of the foregoing warranty. 
 Section 14.2    Processor’s
Warranty. Processor warrants that it has the right to accept Gas at the Delivery Points and to deliver the Residue Gas to the Residue Gas Redelivery Points and the Plant Products to the Plant Products Redelivery Points free and clear of all
liens, encumbrances, and adverse claims. If the Processor’s Facilities are involved in any legal action in any material respect, Producer shall have the right to withhold payment (without interest), or cease delivering Gas, to the extent of the
interest disputed or involved in legal action, during the pendency of the action or until Processor furnishes, or causes to be furnished, indemnification to save Producer harmless from all Claims or Losses arising out of the dispute or action, with
surety reasonably acceptable to Producer. Subject to Sections 19.9 and 19.10, Processor agrees to indemnify the Producer Indemnified Parties from and against all Claims or Losses suffered by the Producer Indemnified Parties, to the extent
such Claims or Losses arise out of a breach of the foregoing warranty. 

Section 14.3    Title. Title to all Residue Gas and/or Plant Products that Producer takes
in-kind in accordance with Section 2.5 shall remain with Producer. Except to the extent that Producer takes any Residue Gas and/or Plant Products
in-kind in accordance with Section 2.5, title to Producer’s Gas (including Residue Gas, Plant Products, and Inert Constituents contained in Producer’s Gas) delivered to
Processor under this Agreement shall pass to Processor at the tailgate of the Processor’s Facilities, and Producer conveys Producer’s Gas (and the Residue Gas, Plant Products, and Inert Constituents in the Producer’s Gas) to
Processor, free and clear of any claims, liens or encumbrances of any nature. Furthermore, the Parties may agree from time to time that Processor will deliver and transfer title to Drip to Producer for treatment and/or disposal purposes. 

  
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Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 ARTICLE XV 

ROYALTY AND TAXES 

Section 15.1    Proceeds of Production. Producer shall have the sole and exclusive
obligation and liability for the payment of all Persons due any proceeds derived by Producer from Producer’s Gas (including all constituents and products thereof) delivered under this Agreement, including, without limitation, royalties,
overriding royalties, and similar interests, in accordance with the provisions of the leases or agreements creating those rights to such proceeds. 

Section 15.2    Producer’s Taxes. Producer shall pay and be
responsible for all gross production and severance Taxes levied against or with respect to Producer’s Gas delivered under this Agreement, all ad valorem Taxes levied against the property of Producer, all income, excess profits, and other Taxes
measured by the income or capital of Producer, and all payroll Taxes related to employees of Producer. 

Section 15.3    Processor’s Taxes. Processor shall pay and be responsible for all
Taxes levied with respect to the providing of Services under this Agreement, all ad valorem Taxes levied against the property of Processor, all income, excess profits, and other Taxes measured by the income or capital of Processor, and all payroll
Taxes related to employees of Processor. 
 Section 15.4    Severance Tax
Reimbursement. Producer and Processor agree that the price paid by Processor for Residue Gas and associated Plant Products purchased hereunder is inclusive of all severance tax reimbursements which are levied on the production of such Residue
Gas and Plant Products and which are measured by the quantity of Residue Gas and Plant Products or by the revenues received by Producer for the sale of such Residue Gas and Plant Products. 

ARTICLE XVI 
 NOTICE
AND PAYMENT INSTRUCTIONS 
 Except as specifically provided elsewhere in this Agreement, any notice or other communication provided
for in this Agreement shall be in writing and shall be given (i) by depositing in the United States mail, postage paid and certified with return receipt requested, (ii) by depositing with a reputable overnight courier, (iii) by
delivering to the recipient in person by courier, or (iv) by facsimile or email transmission, in each of the foregoing cases addressed to the applicable Party as set forth below, and payments required under this Agreement shall be made to the
applicable Party according to the payment instructions set forth below. A Party may at any time designate a different address or payment instructions by giving written notice to the other Party. Notices, invoices, allocation statements, claims, or
other communications shall be deemed received when delivered to the addressee in person, or by courier, or transmitted by facsimile transmission or email during normal business hours, or upon actual receipt by the addressee after such notice has
either been delivered to an overnight courier or deposited in the United States mail, as the case may be. 

  
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Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 NOTICES: 
  

			
	Producer	  	Processor
	Apache Corporation	  	Altus Midstream Processing LP
	Attn: Marketing Contract Administration	  	Attn: VP, Business Development
	2000 Post Oak Blvd., Suite 100	  	2000 Post Oak Blvd., Suite 2400
	Houston, Texas 77056-4400	  	Houston, Texas 77056
	Telephone: (713) 296-6000	  	Telephone: [***]
	Fax: (713) 296-6473	  	Email: [***]
	Email: contract.administration@apachecorp.com	  	
		
	PAYMENT INSTRUCTIONS:	  	
		
	Producer	  	Processor
	Bank: [***]	  	Bank: [***]
	ABA: [***]	  	ABA: [***]
	[***]	  	[***]
	Acct: [***]	  	Acct: [***]

 ARTICLE XVII 

DISPUTE RESOLUTION 

Section 17.1    Negotiation. Prior to submitting any dispute for resolution by a court, a
Party shall provide written notice of such dispute to the other Party. If the Parties fail to resolve the dispute within fifteen (15) Business Days after such notice is given, the Parties shall seek to resolve the dispute by negotiation between
senior management personnel of each Party. Such personnel shall endeavor to meet and attempt to amicably resolve the dispute. If the Parties are unable to resolve the dispute for any reason within thirty (30) Business Days after the original
notice of dispute was given, then either Party shall be entitled to pursue any available remedies; provided, however, this Section 17.1 shall not limit a Party’s right to initiate litigation prior to the
expiration of the time periods set forth in this Section 17.1 if application of such limitations would prevent a Party from filing a Claim within the applicable period for filing lawsuits (e.g. statutes of
limitation, prescription, etc.) or would otherwise prejudice or harm a Party. 

Section 17.2    Jurisdiction and Venue. 

(a)    Each Party agrees that the appropriate, exclusive and convenient forum for any disputes between the Parties arising
out of this Agreement or the transactions contemplated hereby shall be in any state or federal court in Tarrant County, Texas, and each of the Parties irrevocably submits to the jurisdiction of such courts solely in respect of any legal proceeding
arising out of or related to this Agreement or the transactions contemplated hereby. The Parties further agree that the Parties shall not bring suit with respect to any disputes arising out of this Agreement or the transactions contemplated hereby
in any court or jurisdiction other than the above specified courts. 
 (b)    Each Party hereby irrevocably and
unconditionally waives, to the fullest extent it may legally and effectively do so, any objection (including, without limitation, the defense of inconvenient forum) which it may now or hereafter have to the laying of venue of any suit, action or
proceeding arising out of or relating to this Agreement or the transactions contemplated hereby in any court referred to in paragraph (a) above. 

  
 Page 33 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 ARTICLE XVIII 

TERM 

Section 18.1    Primary Term; Producer’s Right to Extension. This Agreement is
effective as of the Effective Date and shall continue in full force and effect until March 31, 2032 (the “Primary Term”); provided that Producer shall have two (2) successive options to extend the Primary Term by five
(5) Years each. Each five (5)-Year Primary Term extension shall occur automatically unless Producer gives Processor at least nine (9) Months’ prior written notice that it does not wish to extend the Primary Term. Unless terminated at
the end of the Primary Term by either Party giving at least six (6) Months’ prior written notice, this Agreement shall continue after the Primary Term on a
Year-to-Year basis unless terminated at the end of any Yearly extension period by either Party giving at least six (6) Months’ prior written notice. For
purposes of this Agreement, the period during which this Agreement continues in full force and effect prior to any termination pursuant to this Agreement is referred to herein as the “Term”. 

Section 18.2    Termination of Gathering Agreement. Notwithstanding anything to the
contrary in this Article XVIII, Producer shall have the right to terminate this Agreement upon the termination or expiration of the Gas Gathering Agreement. 

Section 18.3    Processor’s Facilities Expansion. In the event that Processor is
required to undertake an expansion pursuant to Section 2.4(e) and the Agreement is within the final two (2) Years of the Term or is on a
Year-to-Year basis, Processor shall not be obligated to undertake an expansion unless Producer agrees to a Term extension such that at least two (2) Years remain in
the Term. 
 ARTICLE XIX 

MISCELLANEOUS 

Section 19.1    Confidentiality. Producer’s
2-Year Forecast delivered to Processor pursuant to Section 2.1(c) and all other information received by Processor pursuant to the terms of this Agreement which involves or in any way
relates to Producer’s production estimates, development plans, and/or other similar information, and information related to Producer’s actual production at any individual Receipt Point, including, without limitation, information relating
to production rates, volumes, composition, heating value, or other similar or dissimilar information, shall be kept strictly confidential by Processor, and Processor shall not disclose any such information to any third Person or use any such
information for any purpose other than performing under this Agreement, provided, however, Processor may disclose such information to those of its legal counsel, accountants, and other representatives with a specific need to know such
information for purposes of Processor’s performance under this Agreement or enforcement of this Agreement or as required by applicable Law, provided such third Persons have likewise agreed in writing to the confidentiality and non-use restrictions set forth herein. In the event Processor is required by Law to disclose any such information, Processor shall first notify Producer in writing as soon as practicable of any proceeding of which
it is aware that may result in disclosure and shall use all 

  
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Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 
reasonable efforts to prevent or limit such disclosure. Producer’s confidential information shall not include information that Processor can satisfactorily demonstrate was:
(a) rightfully in the possession of Processor prior to Producer’s disclosure hereunder, (b) in the public domain prior to Producer’s disclosure hereunder, (c) made public by any Governmental Authority; (d) supplied to
Processor without restriction by a third party who is under no obligation to Producer to maintain such confidential information in confidence; or (e) independently developed by Processor. The confidentiality requirements and non-use restrictions set forth herein shall survive termination or expiration of this Agreement for two (2) Years after such termination or expiration. Notwithstanding anything else in this Agreement, the
Parties agree that there is not an adequate remedy at law for any breach of these confidentiality and non-use restrictions and, therefore, Producer shall be entitled (without the posting of any bond) to
specific performance and injunctive relief restraining any breach hereof, in addition to any other rights and remedies which it may have or be entitled. 

Section 19.2    Independent Contractor. Notwithstanding anything else in this Agreement,
Processor undertakes its obligations under this Agreement as an independent contractor, at its sole risk, and all Persons carrying out any of Processor’s obligations set forth herein for or on behalf of Processor are or shall be deemed
employees, contractors, subcontractors, agents, and/or representatives of Processor, subject to the direction and control of Processor. Processor is to determine the manner, means, and methods in which such Persons shall carry out their work to
attain the results contemplated by this Agreement, consistent with the general coordinative efforts and suggestions of Producer with respect to the work. Nothing in this Agreement or inferred from any action of either Party shall be taken to
establish the relationship of master and servant or principal and agent between Producer and Processor. 

Section 19.3    Rights; Waivers. The failure of either Party to exercise any right
granted hereunder shall not impair nor be deemed a waiver of that Party’s privilege of exercising that right at any subsequent time or times. No waiver by either Party of any of the provisions of this Agreement shall be deemed or shall
constitute a waiver of any other provision hereof (whether or not similar), nor shall such waiver constitute a continuing waiver unless expressly provided. 

Section 19.4    Applicable Laws. This Agreement is subject to all valid present and
future Laws of any Governmental Authority(ies) now or hereafter having jurisdiction over the Parties, this Agreement, or the Services performed or the facilities utilized under this Agreement. 

Section 19.5    Governing Law. This Agreement shall be governed by, construed, and enforced in accordance with
the Laws of the State of Texas, without regard to any choice of law principles that would require the application of the Laws of any other jurisdiction, PROVIDED, HOWEVER, THAT NO LAW, THEORY, OR PUBLIC POLICY SHALL BE GIVEN EFFECT
WHICH WOULD UNDERMINE, DIMINISH, OR REDUCE THE EFFECTIVENESS OF EACH PARTY’S WAIVER OF SPECIAL, INDIRECT, CONSEQUENTIAL, PUNITIVE, AND EXEMPLARY DAMAGES SET FORTH IN SECTION 19.9 OR WAIVER OF THE RIGHT TO CERTAIN REMEDIES SET FORTH IN
SECTION 19.10, IT BEING THE EXPRESS INTENT, UNDERSTANDING, AND AGREEMENT OF THE PARTIES THAT SUCH WAIVERS ARE TO BE GIVEN THE FULLEST EFFECT, NOTWITHSTANDING ANY PRE-EXISTING CONDITION OR THE NEGLIGENCE
(WHETHER SOLE, JOINT, OR CONCURRENT), GROSS NEGLIGENCE, WILLFUL MISCONDUCT, STRICT LIABILITY, OR OTHER LEGAL FAULT OF ANY PARTY HERETO, OR OTHERWISE. 

  
 Page 35 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 Section 19.6    Assignments. This
Agreement, including any and all renewals, extensions, and amendments hereto, and all rights, title, and interests contained herein, shall be binding upon and inure to the benefit of the Parties hereto and their respective heirs, successors, and
assigns, the assigns of all or any part of Processor’s right, title, or interest in the Processor’s Facilities, and the assigns of all or any part of Producer’s Interests in the Dedicated Area, and each Party’s respective
obligations hereunder shall be covenants running with the lands underlying or included in any such assets. Neither Party shall Transfer any of its rights or obligations under this Agreement without the prior written consent of the other Party, which
consent shall not be unreasonably withheld, delayed, or conditioned; provided, however, that either Party may Transfer any of its rights or obligations under this Agreement to any Affiliate of such Party without the prior written consent of
the other Party and that, in connection with a Transfer of all or any portion of the Dedicated Area, Producer shall Transfer its corresponding rights and obligations under this Agreement without the need for the prior written consent of Processor.
If Producer Transfers a portion but not all of the Dedicated Area, Producer shall notify Processor of the allocation between Producer and its transferee of the reduced $0.345 Cryogenic Processing Fee listed in Exhibit C, the aggregate of which
among Producer and all transferees shall not exceed 220,000 Mcf/d, and instead of acquiring this Agreement, the transferee of such Interests shall execute an agreement in the form attached hereto as Exhibit I (the “Transferee
Agreement”), Processor shall likewise execute such Transferee Agreement, and such Transferred portion of the Dedicated Area shall be removed from dedication under this Agreement. Any Transfer of this Agreement shall expressly require that
the assignee assume and agree to discharge the duties and obligations of its assignor under this Agreement, and the assignor shall be released from the duties and obligations arising under this Agreement which accrue after the effective date of such
Transfer. Processor shall not Transfer its rights and interests in the Processor’s Facilities, in whole or in part, unless the transferee of such interests agrees in writing to be bound by the terms and conditions of this Agreement. No Transfer
of this Agreement or of any interest of either Party shall be binding on the other Party until such other Party has been notified in writing of such Transfer and furnished with reasonable evidence of same. No such Transfer of this Agreement or of
any interests of either Party shall operate in any way to enlarge, alter, or modify any obligation of the other Party hereto. Any Person that succeeds by purchase, merger, or consolidation with a Party hereto shall be subject to the duties and
obligations of its predecessor in interests under this Agreement or a Transferee Agreement, as applicable. 

Section 19.7    Entire Agreement and Termination of Prior Processing Agreement. This
Agreement constitutes the entire agreement of the Parties and supersedes all prior understandings, agreements, representations, and/or warranties by or among the Parties, written or oral, with respect to the subject matter hereof. No other
representations, warranties, understandings, or agreements shall have any effect on this Agreement. The Prior Processing Agreement is hereby terminated and replaced by this Agreement. The termination of the Prior Processing Agreement shall not
affect any claims and rights of either Party under the Prior Processing Agreement that relate to events prior to the Effective Date, [***]. 

  
 Page 36 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 Section 19.8    Amendments. This
Agreement may not be amended or modified in any manner except by a written document signed by both Parties that expressly amends this Agreement. 

Section 19.9    LIMITATION OF LIABILITY. NOTWITHSTANDING ANYTHING IN THIS AGREEMENT TO THE CONTRARY,
NEITHER PARTY SHALL BE LIABLE TO THE OTHER PARTY FOR SPECIAL, INDIRECT, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES (COLLECTIVELY, “CONSEQUENTIAL DAMAGES”) RESULTING FROM OR ARISING OUT OF THIS AGREEMENT OR THE BREACH THEREOF OR UNDER
ANY OTHER THEORY OF LIABILITY, WHETHER NEGLIGENCE, STRICT LIABILITY, BREACH OF CONTRACT OR WARRANTY, OR OTHERWISE. IN FURTHERANCE OF THE FOREGOING, EACH PARTY RELEASES THE OTHER PARTY AND WAIVES ANY RIGHT OF RECOVERY FOR CONSEQUENTIAL DAMAGES
SUFFERED BY SUCH PARTY, REGARDLESS OF WHETHER ANY SUCH DAMAGES ARE CAUSED BY THE OTHER PARTY’S NEGLIGENCE (AND REGARDLESS OF WHETHER SUCH NEGLIGENCE IS SOLE, JOINT, CONCURRENT, ACTIVE, PASSIVE, OR GROSS), FAULT, OR LIABILITY WITHOUT FAULT.
PROCESSOR UNDERSTANDS THAT PRODUCER IS RELYING ON PROCESSOR’S PERFORMANCE UNDER THIS AGREEMENT TO ENABLE PRODUCER TO MEET ITS OBLIGATIONS UNDER DOWNSTREAM CONTRACTS, AND PROCESSOR EXPRESSLY AGREES THAT ANY DAMAGES SUFFERED BY PRODUCER UNDER ANY
SUCH DOWNSTREAM CONTRACT AS A RESULT OF PROCESSOR’S UNEXCUSED FAILURE TO PERFORM UNDER THIS AGREEMENT SHALL BE CONSIDERED DIRECT DAMAGES. 

Section 19.10    RIGHTS AND REMEDIES. NOTWITHSTANDING ANYTHING ELSE IN THIS AGREEMENT THAT MAY BE CONSTRUED
TO THE CONTRARY, A PARTY’S SOLE REMEDY AGAINST THE OTHER PARTY FOR NON-PERFORMANCE OR BREACH OF THIS AGREEMENT OR ANY OTHER CLAIM OF WHATSOEVER NATURE ARISING OUT OF THIS AGREEMENT OR OUT OF ANY ACTION OR
INACTION BY A PARTY IN RELATION HERETO SHALL BE IN CONTRACT AND EACH PARTY EXPRESSLY WAIVES ANY OTHER REMEDY IT MAY HAVE IN LAW OR EQUITY, INCLUDING, WITHOUT LIMITATION, ANY REMEDY IN TORT. 

Section 19.11    Replacement Indices. In the event a published index or rate required
hereunder is not available, the Parties shall promptly agree upon an alternative index or rate to be utilized, upon either Party giving written notice to the other that an alternative index or rate is needed. Such alternative index or rate shall be
effective retroactively to the date on which the original index or rate ceased to be available. If the Parties have not agreed on an alternative index or rate by the end of the fifth (5th) Business Day after notice was given, then each Party shall,
by the end of the fifteenth (15th) Business Day after the notice was given, prepare a list of three alternative published and industry recognized indices or rates to replace the index or rate that has become unavailable. The first common item that
appears on each of the lists shall be the alternative index or rate. If there is more than one common item on both lists, the one appearing first on both lists, giving priority to the list first submitted by one Party to the other, shall be the
alternative index or rate. If no common item appears on the lists, each Party may strike in turn, one item from 

  
 Page 37 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 
the other Party’s list until only one item remains on each list. The alternative index or rate will then be determined from the two remaining items by coin flip. If either Party fails to
deliver a list, the first item appearing on the submitting Party’s list will govern and prevail to determine the alternative index or rate. 

Section 19.12    No Partnership. Nothing contained in this Agreement shall be construed
to create an association, trust, partnership, or joint venture or impose a trust, fiduciary, or partnership duty, obligation, or liability on or with regard to either Party. 

Section 19.13    Rules of Construction. In construing this Agreement, the following
principles shall be followed: 
 (a)    no consideration shall be given to the fact or presumption that one Party had a
greater or lesser hand in drafting this Agreement; 
 (b)    the headings and captions in this Agreement have been
inserted for convenience of reference only and shall not define or limit any of the terms and/or conditions hereof; 

(c)    examples shall not be construed to limit, expressly or by implication, the matter they illustrate; 

(d)    the word “includes” and its syntactical variants mean “includes, but is not limited to” and
corresponding syntactical variant expressions; and 
 (e)    the plural shall be deemed to include the singular and vice
versa, as applicable. 
 Section 19.14    No Third Party Beneficiaries. Except for
Persons expressly indemnified hereunder, this Agreement is for the sole benefit of the Parties and their respective successors and permitted assigns, and shall not inure to the benefit of any other Person, it being the intention of the Parties that
no third Person shall be deemed a third-party beneficiary of this Agreement. 

Section 19.15    Further Assurances. Each Party shall take such acts and execute and
deliver such documents as may be reasonably required to effectuate the purposes of this Agreement. 

Section 19.16    No Inducements. No director, employee, or agent of any Party shall give
or receive any commission, fee, rebate, gift, or entertainment of significant cost or value in connection with this Agreement. 

Section 19.17    Counterpart Execution. This Agreement may be executed in any number of
counterparts, each of which shall be considered an original, and all of which shall be considered one and the same instrument. 

Section 19.18    Survival. The terms of this Agreement which by their nature should
reasonably be expected to survive termination or expiration of this Agreement shall survive, including, without limitation, Article XI (Audit Rights), Article XIII (Indemnification), Article XVII (Dispute Resolution),
Section 19.1 (Confidentiality), Section 19.5 (Governing Law), Section 19.9 (Limitation of Liability), Section 19.10 (Rights and Remedies), this
Section 19.18 (Survival), and the obligations of either Party under any provision of this Agreement to make payment hereunder. 

  
 Page 38 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 Section 19.19    Financial Assurance.
If either Party has reasonable grounds for insecurity regarding the performance of any payment obligation under this Agreement (whether or not then due) by the other Party or that other Party’s guarantor, if any, including, without limitation,
the occurrence of a material adverse change in the creditworthiness of the other Party, a Party may demand Adequate Assurance of Performance. A demand by a Party seeking Adequate Assurance of Performance shall be in writing and shall include an
explanation in reasonable detail of the calculation of the Adequate Assurance of Performance demand. “Adequate Assurance of Performance” shall mean sufficient security in the form, amount, and for a term, and from an issuer,
all reasonably acceptable to the Party seeking assurance, including, but not limited to, a standby irrevocable letter of credit, a prepayment, a security interest in an asset, or a guaranty. If either Party does not give Adequate Assurance of
Performance in accordance with the terms of this Agreement within ten (10) Business Days of a written request by the other Party, the Party making a reasonable request for Adequate Assurance of Performance has the right to immediately suspend
deliveries or receipts, as applicable, under this Agreement with immediate effect until such time sufficient security is provided. 

Section 19.20    Exhibits. The following exhibits are attached to this Agreement and are
incorporated herein by this reference: 
  

							
	 Exhibit A
	  	 	-	 	  	 Dedicated Area

	 Exhibit B
	  	 	-	 	  	 Delivery Points and Redelivery Points

	 Exhibit C
	  	 	-	 	  	 Fees

	 Exhibit D
	  	 	-	 	  	 Gas Quality Specifications

	 Exhibit E
	  	 	-	 	  	 Take In-Kind Terms

	 Exhibit F
	  	 	-	 	  	 Allocation Methodologies

	 Exhibit G
	  	 	-	 	  	 Form of Memorandum of Agreement

	 Exhibit H
	  	 	-	 	  	 Form of Memorandum of Release

	 Exhibit I
	  	 	-	 	  	 Form of Transferee Agreement

	 Exhibit J
	  	 	-	 	  	Form of Joinder Agreement

  
 Page 39 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 IN WITNESS WHEREOF, the Parties have executed this Agreement to be effective as of the
Effective Date. 
  

					
	PROCESSOR:
	
	ALTUS MIDSTREAM PROCESSING LP
		
	By:	 	Altus Midstream Subsidiary GP LLC,
		 	its general partner
			
		 	By:	 	 /s/ Clay Bretches

		 	Name:	 	Clay Bretches
		 	Title:	 	President, Altus Midstream
	
	PRODUCER:
	
	APACHE CORPORATION
			
		 	By:	 	 /s/ John Christmann

		 	Name:	 	John Christmann
		 	Title:	 	CEO and President

  
 Page 40 

Gas Processing Agreement dated September 1, 2021 
 Between Altus
Midstream Processing LP (Processor) and Apache Corporation (Producer) 

 EXHIBIT A 

to 
 Gas Processing Agreement dated
September 1, 2021, between 
 Altus Midstream Processing LP (“Processor”) and 

Apache Corporation (“Producer”) 

DEDICATED AREA 
 “Dedicated
Area” shall mean the following lands as further described in the map (the area within the red border) and table below, as the same may be updated annually pursuant to Section 2.1(b). In the event of a conflict
between the map and the table, the map shall control. 
 [***] 

  
 Exhibit A – Page 1

 [***] [22 PAGES OF TABLES OMITTED] [***] 

  
 Exhibit A – Page 2

 EXHIBIT B 

to 
 Gas Processing Agreement dated
September 1, 2021, between 
 Altus Midstream Processing LP (“Processor”) and 

Apache Corporation (“Producer”) 

Processor shall update Exhibit B on January 1, April 1, July 1, and October 1 of each Year to include any additional points that have been
placed into service 
 DELIVERY POINTS AND REDELIVERY POINTS 

LOW PRESSURE DELIVERY POINTS 

[***] 
 HIGH PRESSURE
RECEIPT POINTS 
 [***] 

HIGH PRESSURE DELIVERY POINTS 

[***] 
 HIGH PRESSURE
GAS LIFT REDELIVERY POINTS 
 [***] 

RESIDUE GAS REDELIVERY POINTS 

[***] 
 PLANT
PRODUCTS REDELIVERY POINT 
 [***] 

  
 Exhibit B – Page 1

 EXHIBIT C 

to 
 Gas Processing Agreement dated
September 1, 2021, between 
 Altus Midstream Processing LP (“Processor”) and 

Apache Corporation (“Producer”) 

FEES 
 Fees: 

1. Central Conditioning Fee: $0.2758 per Mcf 

2. Cryogenic Processing Fee: $0.6894 per Mcf; provided that the Cryogenic Processing Fee shall be (a) $0.345 per Mcf for the
portion of the Plant Inlet Volume that is produced from New Wells up to a cumulative quantity not to exceed a monthly average of 220,000 Mcf per day and (b) $0.525 per Mcf for the portion of the Plant Inlet Volume that is produced from New
Wells in excess of a monthly average of 220,000 Mcf per day. 
 3. Gas Lift Fee: $0.2761 per Mcf 

4. Treating Fee: $0.009 per Mcf per ppm of hydrogen sulfide and $0.028 per Mcf per percent carbon dioxide 

  
 Exhibit C – Page 1

 EXHIBIT D-1 

to 
 Gas Processing Agreement dated
September 1, 2021, between 
 Altus Midstream Processing LP (“Processor”) and 

Apache Corporation (“Producer”) 

GAS QUALITY SPECIFICATIONS 

(Producer’s Processable Gas) 
  

	1.	 The Gas shall be free of objectionable liquids and solids and other impurities, including, but not limited to,
methanol, and shall be commercially free from dust, gum, gum-forming constituents, free water, and other liquids and solids. 

 

	2.	 The Gas shall have zero (0) parts per million of oxygen. 

 

	3.	 The Gas shall not contain more than ten (10) parts per million by volume of hydrogen sulfide.

  

	4.	 The Gas shall not have a carbon dioxide content in excess of two (2) percent by volume.

  

	5.	 The Gas shall not have nitrogen content in excess of two (2) percent by volume. 

 

	6.	 The Gas shall be received at a temperature not in excess of one hundred twenty (120) degrees Fahrenheit
and not less than thirty-five (35) degrees Fahrenheit. 

 Sour Gas Receipt Points, Baseline Conditions

 [***] 

  
 Exhibit D – Page 1

 EXHIBIT D-2 

to 
 Gas Processing Agreement dated
September 1, 2021, between 
 Altus Midstream Processing LP (“Processor”) and 

Apache Corporation (“Producer”) 

GAS QUALITY SPECIFICATIONS 

(Producer’s Non-Processable Gas) 

 

	1.	 The Gas shall be free of objectionable liquids and solids and other impurities, including, but not limited to,
methanol, and shall be commercially free from dust, gum, gum-forming constituents, free water, and other liquids and solids. 

 

	2.	 The Gas shall have zero (0) parts per million of oxygen. 

 

	3.	 The Gas shall not contain more than fifty (50) parts per million by volume of hydrogen sulfide.

  

	4.	 The Gas shall not have a carbon dioxide content in excess of four (4) percent by volume.

  

	5.	 The Gas shall not have nitrogen content in excess of two (2) percent by volume. 

 

	6.	 The Gas shall be received at a temperature not in excess of one hundred twenty (120) degrees Fahrenheit
and not less than thirty-five (35) degrees Fahrenheit. 

 Sour Gas Receipt Points, Baseline Conditions

 [***] 
  

  
 Exhibit D – Page 2

 EXHIBIT E 

to 
 Gas Processing Agreement dated
September 1, 2021, between 
 Altus Midstream Processing LP (“Processor”) and 

Apache Corporation (“Producer”) 

TAKE IN-KIND TERMS 

For any Calendar Year during which Producer elects under Section 2.5 of the Agreement to take its Residue Gas and/or Plant Products in-kind, the following terms shall apply: 
 I. Nominations. Processor and Producer agree that scheduling and
commencement of service shall be consistent with the downstream receiving pipeline or transporter nomination requirements. Whenever Producer’s Residue Gas is to be scheduled or nominated hereunder, each Party shall provide to the other Party
all information required for such nominations and confirmations with upstream and downstream pipelines or transporters. Producer shall provide Processor with Plant Product nominations on or before the 15th Day of the Month prior to delivery. 

(a)    Delivery Point Nominations. Producer shall not be required to provide Processor with nominations of the
Producer’s Gas at the Delivery Point(s), however, Producer shall provide volume forecast information pursuant to Section 2.1(c) of the Agreement, for Processor’s general capacity planning purposes by Delivery
Point. 
 (b)    Operational Information. Processor shall use reasonable efforts to provide daily information related to
Delivery Point volume, Plant Product composition, and historical volume information in order to assist with Producer’s nominations below. Processor shall use reasonable efforts to make nomination changes as necessary, based on the information
provided by Producer, at the Redelivery Points to minimize imbalances. Producer and Processor will each make good faith efforts to coordinate nominations to match physical flow in order to minimize any daily and monthly imbalances. 

(c)    Redelivery Point Nominations. 

i.    Producer shall make all necessary arrangements with pipelines or other third parties downstream of the Residue Gas
Redelivery Points in order to help manage Processor’s delivery of Producer’s Residue Gas. Those arrangements must be coordinated with Processor, and Processor shall coordinate such arrangements with Producer and such downstream pipelines
or other third parties. 
 ii.    Residue Gas. No later than 12:00 PM on the fifth (5th) Business Day prior to the beginning of each Month Processor shall notify Producer of the estimated quantity of Producer’s Residue Gas per Day at the Residue Gas Redelivery Point(s), provided
that nominations at the Residue Gas Redelivery Points are subject to confirmation by the downstream pipeline. By 7:00 AM on the day prior to gas flow, Processor shall notify Producer of the estimated quantity of Producer’s Residue Gas available
for next day’s flow for the Residue Gas Redelivery Point(s). By 12:30 PM on the day prior to gas flow, Producer shall provide a nomination form to Processor, indicating downstream pipeline contract number, downstream delivery point and
counterparty. If 

  
 Exhibit E – Page 1

 
Producer does not provide a nomination form to Processor, the prior nomination shall remain in effect until such time as Producer provides notice to Processor to revise the prior nomination.
Processor will use reasonable efforts to confirm any nomination change requested by Producer after the nomination deadline. Processor reserves the right, from time to time, to revise its nomination procedures, subject to Producer’s consent
which shall not be unreasonably withheld. 
 iii.    Producer will make all necessary arrangements with pipelines or
other third parties downstream of the Plant Products Redelivery Points in order to facilitate Processor’s delivery of Plant Products. No later than one (1) Business Day prior to the nomination deadline each Month for the applicable
downstream pipeline(s) receiving Plant Products, Producer will notify Processor of the estimated quantity of Plant Products per Day, provided that nominations at each Redelivery Point are subject to confirmation by the downstream pipeline. At
any time, Producer may adjust its nomination prospectively for the remainder of such Month by providing Processor notice prior to the nomination deadline of the applicable downstream pipeline. 

(d)    Processor and Producer shall immediately inform each other of any discovered unanticipated changes in deliveries at
either the Delivery Point(s) or Redelivery Point(s). Nominations may be made by telephone, but shall be confirmed in writing by e-mail, facsimile, or other electronic means to Processor’s Gas Control
Department. 
 II.    Pipeline Balancing. Subject to the provisions of the Agreement, Processor shall accept a Daily quantity of
Producer’s Gas at the Delivery Points and redeliver Producer’s Residue Gas and Producer’s Plant Products allocated to such Producer’s Gas at the Residue Gas Redelivery Points and Plant Products Redelivery Point, respectively. All
quantities received in accordance with the Agreement at the Delivery Points and all deliveries of Producer’s Residue Gas in accordance with this Agreement at the Residue Gas Redelivery Point shall be balanced on a Btu basis, and all such
quantities referred to in the Agreement shall be adjusted for the Gross Heating Value thereof. 
 Imbalances may occur due to the difference
between (1) Producer’s nomination to the downstream receiving pipeline at the Residue Gas Redelivery Points (the “Takeaway Pipeline”), which as of the Effective Date is Altus Midstream Pipeline LP, and (2) the
allocated quantity of Residue Gas attributable to Producer’s Gas as calculated pursuant to Exhibit F (“Production Imbalance”). Any Production Imbalance shall be settled between Processor and Producer in the same manner
that imbalances are settled between Processor and Takeaway Pipeline in their operational balancing agreement at each Residue Gas Redelivery Point (“Processor OBA”). Processor shall use its best efforts to enter into, and maintain in
good standing, the Processor OBA. The Processor OBA shall not impose balancing guidelines that are more stringent on Producer than the operational balancing agreement between Takeaway Pipeline and the receiving pipelines immediately downstream of
the Takeaway Pipeline (the “Downstream Receiving Pipeline”), which as of the Effective Date are El Paso Natural Gas Company, L.L.C., Roadrunner Gas Transmission, LLC, and Comanche Trail Pipeline, LLC (all such OBAs between the
Takeaway Pipeline and a Downstream Receiving Pipeline, a “Takeaway Pipeline OBA”). Until such time as the Processor OBA is executed, Production Imbalances shall be settled between Processor and Producer in the same manner that
imbalances are settled in the Takeaway Pipeline OBAs. Processor shall provide an invoice to Producer for settlement of Production Imbalances in accordance with this Section II along with documentation to substantiate the data on the invoice. For the
avoidance of doubt, Processor shall provide Producer reasonable flexibility in adjusting nominations; provided however, that providing Producer such flexibility in adjusting nominations shall be subject to Processor not incurring financial harm or
loss as a result of Producer’s actions. 

  
 Exhibit E – Page 2

 The Parties acknowledge that there are times that it is in the best interest of Producer, Processor, and/or
Takeaway Pipeline to seek an exception to any cashout provision that may exist in the Processor OBA and/or the Takeaway Pipeline OBA(s) by requesting that an imbalance temporarily roll rather than to cashout (“Temporary Rolling
Imbalance”). If an event outside the control of Producer occurs that may have a material adverse financial impact on Producer, Producer may request Processor seek a Temporary Rolling Imbalance with the Takeaway Pipeline or a Downstream
Receiving Pipeline, and Processor shall use commercially reasonable efforts to effectuate this change. If a Temporary Rolling Imbalance is effectively negotiated with Takeaway Pipeline or Downstream Receiving Pipeline, Producer shall obtain the
benefit of the Temporary Rolling Imbalance. 
 III.    Plant Balancing and Cash Outs. Because of dispatching and other
operational causes outside of Processor’s reasonable control, imbalances may occur between (1) the total heating value of the Residue Gas actually delivered to the Takeaway Pipeline at the Residue Gas Redelivery Points for Producer’s
account and (2) the allocated quantity of Residue Gas attributable to Producer’s Gas as calculated pursuant to Exhibit F. Similarly, imbalances may occur between (1) the volumes of Producer’s Plant Products that are actually
delivered to downstream pipelines at the Plant Products Redelivery Points for Producer’s account and (2) the allocated Plant Products attributable to Producer’s Gas as calculated pursuant to Exhibit F. 

(a) Residue Gas Redelivery Point. Imbalance events at Residue Gas Redelivery Points caused by the events described in this Section III shall
be cashed out at the simple average of (i) Inside F.E.R.C’s Gas Market Report in its first publication of the delivery month for “Prices of Spot Gas Delivered to Pipeline” for El Paso West Texas and (ii) Inside
F.E.R.C’s Gas Market Report in its first publication of the delivery month for “Prices of Spot Gas Delivered to Pipeline” for West Texas Waha. 

(b) Plant Products Redelivery Points. For imbalance events at Plant Products Redelivery Points, the Parties agree to settle imbalances through
a monthly cash out. The monthly cash out price shall be based on Producer’s weighted average sales price for that month. 

IV.    Curtailment. Processor shall use reasonable efforts to provide timely notification to Producer by telephone, with subsequent
e-mail notification, of the potential size and duration of any unscheduled capacity disruption. If Producer does not adjust its nomination within two hours after receiving notification from Processor, then
Processor may adjust Producer’s nomination and/or not confirm the nominations requested by Producer in the next nomination cycle. If Producer does not adjust its nomination as reasonably requested by Processor, and such failure to adjust
nominations could materially impact operations at the Processor’s Facilities, Processor may curtail or shut in Gas for a reasonable period of time. 

  
 Exhibit E – Page 3

 EXHIBIT F 

to 
 Gas Processing Agreement dated
September 1, 2021, between 
 Altus Midstream Processing LP (“Processor”) and 

Apache Corporation (“Producer”) 

ALLOCATION METHODOLGIES 

1.    Plant Products Allocable to Producer. The quantity of each Plant Product component allocable to
Producer’s Processable Gas that was delivered to the Cryogenic Processing Facilities shall be determined by multiplying the theoretical gallons of that Plant Product component contained in the Plant Inlet Volume by the applicable Recovery Rate
outlined in Section 2.5 for each component contained in Producer’s Processable Gas. 
  

									
	 	  	Recovery Rate	 	 	Rejection Rate	 
	 C2
	  	 	93	% 	 	 	25	% 
	 C3
	  	 	97	% 	 	 	95	% 
	 C4
	  	 	98	% 	 	 	98	% 
	 C5+
	  	 	99	% 	 	 	99	% 

 Producer may elect each month to have Producer’s Plant Products settled in ethane recovery mode or ethane rejection mode
(“Ethane Option”). Such election must be made by five (5) days prior to the Month for which the election applies. Producer’s election of the Ethane Option shall continue to apply for successive Months until Producer
provides notice otherwise to Processor at least 5 Days prior to the beginning of a Month. 
 2.    Residue Gas
Allocable to Producer. The MMBtus of Residue Gas allocable to Producer’s Non-Processable Gas that was delivered to the Delivery Points and Producer’s Processable Gas that was delivered to the
Cryogenic Processing Facilities shall be determined by the following equation: 
 PRG = [A – S – Rich FL&U] + [B – Lean
FL&U] 
 where: 
 PRG =
Producer’s Residue Gas in MMBtus 
 A = The aggregate volume of Producer’s Processable Gas measured at all low pressure Receipt
Points less Processable Gas redelivered to Producer upstream of the low pressure Delivery Point and less Processable Gas redelivered to Producer at the High Pressure Gas Lift Redelivery Point(s) 

  
 Exhibit F – Page 1

 S = Producer’s allocated share of Shrinkage as defined in Exhibit F, Paragraph 3

 Rich FL&U = Processable Gas FL&U 

B = The aggregate volume of Producer’s Non-Processable Gas measured at all low pressure Receipt
Points less Non-Processable Gas redelivered to Producer upstream of the low pressure Delivery Point and less Non-Processable Gas redelivered to Producer at the High
Pressure Gas Lift Redelivery Point(s) 
 Lean FL&U = “Non-Processable Gas FL&U 

3.    Cryogenic Processing Facilities Shrinkage (“Shrinkage”). Producer’s share
of shrinkage at the Cryos will be determined by converting each individual component of Producer’s Plant Products allocated to Producer to its respective heating value (as measured in MMBtu) by using the conversion factors published in the Gas
Processor’s Association GPA Publication 2145-16, or any subsequent revision thereof in effect at the time such calculation is performed, and adjusted to a pressure base of 14.65 psia and a temperature of
60° Fahrenheit.  

  
 Exhibit F – Page 2

 EXHIBIT G 

to 
 Gas Processing Agreement dated
September 1, 2021, between 
 Altus Midstream Processing LP (“Processor”) and 

Apache Corporation (“Producer”) 

FORM OF MEMORANDUM OF AGREEMENT 
 State of
Texas              § 

                       
     § 
 County of
[            ]     § 
 MEMORANDUM OF
AGREEMENT 
 This Memorandum of Agreement (this “Memorandum”) is entered into this      day
of         , 20     (the “Effective Date”) between Altus Midstream Processing LP, a Delaware limited partnership (“Processor”) and
Apache Corporation, a Delaware corporation (“Producer”). 
 RECITALS 

WHEREAS, Processor and Producer have entered into a certain Gas Processing Agreement dated
         1, 2021 (the “Agreement”), pursuant to which Producer dedicated Gas produced from the Dedicated Area for processing by Processor; and 

WHEREAS, the Parties wish to file this Memorandum to put third parties on notice as to the existence of the Agreement. 

 

	 	1.	 Dedication. 

Producer’s interests in the acreage and/or well(s) set forth on Exhibit A hereto (“Dedicated Area”) are dedicated
to Processor for processing. The Agreement is for an initial term ending on March 31, 2032, but subject to extension, renewal, and/or termination as more particularly provided therein. 

 

	 	2.	 Incorporation of Agreement and Effect of Memorandum. 

The sole purpose of this Memorandum is to give notice to third parties of the existence of the Agreement and the rights of Processor in and to
Producer’s Gas from the Dedicated Area. This Memorandum shall not modify in any manner any of the terms and conditions of the Agreement, and nothing in this Memorandum is intended to and shall not be used to interpret the Agreement. The
provisions of the Agreement are hereby incorporated into this Memorandum as if set out fully herein. In the event of any irreconcilable conflict between the terms of this Memorandum and the terms of the Agreement, the terms of the Agreement shall
govern and control for all purposes. 

  
 Exhibit G – Page 1

	 	3.	 Defined Terms. 

All capitalized terms not defined herein shall have the same meaning assigned such terms in the Agreement. 

IN WITNESS WHEREOF, this Memorandum is executed by Processor and Producer as of the date of acknowledgement of their signatures but is
effective for all purposes as of the Effective Date stated above. 
  

					
	PROCESSOR
	
	ALTUS MIDSTREAM PROCESSING LP
		
	By:	 	Altus Midstream Subsidiary GP LLC, its general partner
			
		 	By:	 	  

		 	 Name:
	 	  

		 	Title:	 	  

 
			
	
	PRODUCER
	
	APACHE CORPORATION
		
	By: 	 	  

	Name:	 	  

	Title: 	 	  

  
 Exhibit G – Page 2

			
	STATE OF TEXAS	  	 §

		  	§
	COUNTY OF [            ]	  	         §

 This instrument was acknowledged before me this      day
of             , 20     by [                    ], the
[                    ] of Altus Midstream Subsidiary GP LLC, the general partner of Altus Midstream Processing LP, on behalf of such entity. 

In witness whereof I hereunto set my hand and official seal. 
  

							
	NOTARIAL SEAL:	 		 		 	  

		 		 	            	 	    Notary Public in and for the
		 		 		 	    State of Texas
		 		 		 	    My Commission
Expires:                                      

		 		 		 	    Commission No.:

  

			
	STATE OF TEXAS	  	 §

		  	§
	COUNTY OF [            ]	  	         §

 This instrument was acknowledged before me this      day
of             , 20     by [                    ], the
[                    ] of Apache Corporation on behalf of such entity. 

In witness whereof I hereunto set my hand and official seal. 
  

							
	NOTARIAL SEAL:	 		 	            	 	  

		 		 		 	    Notary Public in and for the
		 		 		 	    State of Texas
		 		 		 	    My Commission
Expires:                                      

		 		 		 	    Commission No.:

  
 Exhibit G – Page 3

 EXHIBIT A 

TO 
 MEMORANDUM OF
AGREEMENT 
 DEPICTION OF DEDICATED AREA 
  

  
 Exhibit G – Page 4

 EXHIBIT H 

to 
 Gas Processing Agreement dated
September 1, 2021, between 
 Altus Midstream Processing LP (“Processor”) and 

Apache Corporation (“Producer”) 

FORM OF MEMORANDUM OF RELEASE 
  

			
	State of Texas	  	 §

		
		  	 §

		
	County of [            ]	  	§

 MEMORANDUM OF RELEASE 

This Memorandum of Release (this “Memorandum”) is entered into this      day of
            , 20     (the “Effective Date”) between Altus Midstream Processing LP, a Delaware limited partnership
(“Processor”) and Apache Corporation, a Delaware corporation (“Producer”). 

RECITALS 
 WHEREAS,
Processor and Producer have previously entered into a certain Gas Processing Agreement dated          1, 2021 (the “Agreement”), pursuant to which Producer dedicated Gas produced from
the Dedicated Area for processing by Processor; and 
 WHEREAS, a Memorandum of Agreement dated
[            ], 2021, was executed by Processor and Producer to give notice to third parties of the existence of the Agreement and the respective rights and obligations of Processor and
Producer with respect thereto and with respect to the dedication as set forth therein; and 
 WHEREAS, such Memorandum of Agreement
was filed of record in Book                     , Page          of the real property records of
[                    ] County, Texas; and 

WHEREAS, the Parties wish to file this Memorandum to put third parties on notice as to the release of certain Interests from the
dedication. 
  

	 	1.	 Release from Dedication. 

The following Interests in the following acreage and/or well(s) (“Released Interests”) are hereby released from the
dedication, as further set forth on Exhibit A hereto: 
 [Description of Released Interests] 

 

	 	2.	 Incorporation of Agreement and Effect of Memorandum. 

The sole purpose of this Memorandum is to give notice to third parties of the existence of the Agreement, the rights of Processor in and to
Producer’s Gas from the Dedicated Area, and the release of the Released Interests from the dedication. This Memorandum shall not modify in any 

  
 Exhibit H – Page 1

 
manner any of the terms and conditions of the Agreement, and nothing in this Memorandum is intended to and shall not be used to interpret the Agreement. The provisions of the Agreement are hereby
incorporated into this Memorandum as if set out fully herein. In the event of any irreconcilable conflict between the terms of this Memorandum and the terms of the Agreement, the terms of the Agreement shall govern and control for all purposes. 

 

	 	3.	 Defined Terms. 

All capitalized terms not defined herein shall have the same meaning assigned such terms in the Agreement. 

IN WITNESS WHEREOF, this Memorandum is executed by Processor and Producer as of the date of acknowledgement of their signatures but is
effective for all purposes as of the Effective Date stated above. 
  

					
	PROCESSOR
	
	ALTUS MIDSTREAM PROCESSING LP
	
	By: Altus Midstream Subsidiary GP LLC, its general partner
			
	    	 	By:	 	
                     
                                         
   

			
		 	Name:	 	  

			
		 	Title:	 	  

 
			
	
	PRODUCER
	
	APACHE CORPORATION
		
	By: 	 	
                     
                                       

		
	Name:	 	  

		
	Title:	 	  

  
 Exhibit H – Page 2

			
	STATE OF TEXAS	  	§
	 	  	§
	COUNTY OF [            ]	  	        §

 This instrument was acknowledged before me this      day of
             , 20     by [                    ], the
[                    ] of Altus Midstream Subsidiary GP LLC, the general partner of Altus Midstream Processing LP, on behalf of such entity. 

In witness whereof I hereunto set my hand and official seal. 
  

							
	 NOTARIAL SEAL:
	 		 	             
	 	  

		 		 		 	     Notary Public in and for the

		 		 		 	     State of Texas

		 		 		 	     My Commission
Expires:                                  

		 		 		 	     Commission No.:

  

			
	STATE OF TEXAS	  	§
	 	  	§
	COUNTY OF [            ]	  	        §

 This instrument was acknowledged before me this      day of
             , 20     by [                    ], the
[                    ] of Apache Corporation on behalf of such entity. 

In witness whereof I hereunto set my hand and official seal. 
  

							
	 NOTARIAL SEAL:
	 		 	             
	 	  

		 		 		 	     Notary Public in and for the

		 		 		 	     State of Texas

		 		 		 	     My Commission
Expires:                                  

		 		 		 	     Commission No.:

  
 Exhibit H – Page 3

 EXHIBIT A 

TO 
 MEMORANDUM OF RELEASE

 DEPICTION OF RELEASED INTERESTS 
  

  
 Exhibit H – Page 4

 EXHIBIT I 

to 
 Gas Processing Agreement dated
September 1, 2021, between 
 Altus Midstream Processing LP (“Processor”) and 

Apache Corporation (“Producer”) 

FORM OF TRANSFEREE AGREEMENT 

[attached] 

  
 Exhibit I – Page 1

 EXHIBIT I 

GAS PROCESSING AGREEMENT 

by and between 

[                    ] 

and 
 ALTUS MIDSTREAM
PROCESSING LP 
 dated 

[                    ] 

  
 Exhibit I – Page 2

 GAS PROCESSING AGREEMENT 

 

							
	ARTICLE I	 	DEFINITIONS	  	 	4	 
			
	ARTICLE II	 	DEDICATION AND SERVICES	  	 	11	 
			
	ARTICLE III	 	DELIVERY POINTS AND PRESSURE	  	 	18	 
			
	ARTICLE IV	 	GAS QUALITY	  	 	20	 
			
	ARTICLE V	 	MEASUREMENT	  	 	21	 
			
	ARTICLE VI	 	FEES, FUEL, AND CONSIDERATION	  	 	24	 
			
	ARTICLE VII	 	PRICE AND ALLOCATIONS	  	 	25	 
			
	ARTICLE VIII	 	RESIDUE GAS REDELIVERY PROCEDURES	  	 	26	 
			
	ARTICLE IX	 	PLANT PRODUCTS REDELIVERY PROCEDURES	  	 	27	 
			
	ARTICLE X	 	PAYMENTS	  	 	27	 
			
	ARTICLE XI	 	AUDIT RIGHTS	  	 	28	 
			
	ARTICLE XII	 	FORCE MAJEURE	  	 	29	 
			
	ARTICLE XIII	 	INDEMNIFICATION	  	 	30	 
			
	ARTICLE XIV	 	TITLE	  	 	32	 
			
	ARTICLE XV	 	ROYALTY AND TAXES	  	 	32	 
			
	ARTICLE XVI	 	NOTICE AND PAYMENT INSTRUCTIONS	  	 	33	 
			
	ARTICLE XVII	 	DISPUTE RESOLUTION	  	 	34	 
			
	ARTICLE XVIII	 	TERM	  	 	34	 
			
	ARTICLE XIX	 	MISCELLANEOUS	  	 	35	 

 EXHIBITS: 
  

					
	Exhibit A	 	-	  	Dedicated Area
	Exhibit B	 	-	  	Delivery Points and Redelivery Points
	Exhibit C	 	-	  	Fees
	Exhibit D	 	-	  	Gas Quality Specifications
	Exhibit E	 	-	  	Take In-Kind Terms
	Exhibit F	 	-	  	Allocation Methodologies
	Exhibit G	 	-	  	Form of Memorandum of Agreement
	Exhibit H	 	-	  	Form of Memorandum of Release

  
 Exhibit I – Page 3

 GAS PROCESSING AGREEMENT 

This Gas Processing Agreement (this “Agreement”) is made and entered into to be effective
[                    ] (“Effective Date”), by and between Altus Midstream Processing LP, a Delaware limited partnership
(“Processor”), and [                    ], a
[                    ] (“Producer”). Processor and Producer are sometimes referred to in this Agreement individually as a
“Party” and collectively as the “Parties.” 
 Background: 

Producer owns or controls volumes of Gas produced from certain oil and gas leases located in Reeves, Pecos, Jeff Davis, and/or Culberson
Counties, Texas, and Processor owns and operates natural gas and natural gas liquids processing facilities located in Reeves County, Texas. The Parties desire for Processor to process certain volumes of Producer’s Gas at the Processor’s
Facilities on the terms and conditions set forth in this Agreement. 
 Agreement: 

In consideration of the premises and of the mutual covenants in this Agreement, together with other good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged by each Party, Processor and Producer agree as follows: 
 ARTICLE I

 DEFINITIONS 
 Unless
another definition is expressly stated or the context requires otherwise, the following terms, when used in this Agreement and all exhibits and attachments to this Agreement, have the following meanings: 

(a)    “2-Year Forecast” shall have the meaning set forth in
Section 2.1. 
 (b)    “Adequate Assurance of Performance” shall have the
meaning set forth in Section 19.19. 
 (c)    “Affiliate” means any person
that directly or indirectly controls, is controlled by, or is under common control with another person through one more intermediaries or otherwise. The term “control” means having the power, directly or indirectly, to direct or cause the
direction of the management and policies of a person, whether through ownership, by contract, or otherwise. A person is deemed to be an Affiliate of another specified person if such person owns 50% or more of the voting securities of the specified
person, or if the specified person owns 50% or more of the voting securities of such person, or if 50% or more of the voting securities of the specified person and such person are under common control. 

(d)    “Allocation Event” shall have the meaning set forth in Section 2.5. 

(e)     “Audit” shall have the meaning set forth in Article XI. 

  
 Exhibit I – Page 4

 (f)    “Btu” means a “British Thermal
Unit,” which is the amount of heat required to raise the temperature of one pound of water from 59 degrees Fahrenheit to 60 degrees Fahrenheit at a constant pressure of 14.65 psia. 

(g)    “Business Day” means any calendar day, other than a Saturday or Sunday, on which commercial banks
in Houston, Texas are open for business. 
 (h)    “Calendar Year” means the period from January 1st through December 31st of the same calendar year. 

(i)    “Central Conditioning Facility” means a facility used for dehydration, compression, treating, or
any combination of the foregoing for Non-Processable Gas. 
 (j)    
“Central Time” means Central Standard Time, as adjusted semi-annually for daylight savings time. 

(k)    “Claim” means any lawsuit, claim, proceeding, investigation, or other similar action. 

(l)    “Consequential Damages” shall have the meaning set forth in
Section 19.9. 
 (m)    “Cryogenic Processing Facility” or
“Cryo” means a cryogenic processing plant used for processing and for dehydration, compression, treating or any combination of the foregoing. 

(n)    “Cubic Foot” means a volume of Gas occupying a space of one cubic foot at a temperature of 60
degrees Fahrenheit and at a pressure of 14.65 psia. 
 (o)    “Day” means the 24-hour period beginning at 9:00 a.m., Central Time, on a calendar day and ending at 9:00 a.m., Central Time, on the following calendar day (as Central Time is adjusted each calendar year for daylight savings time).

 (p)    “Dedicated Area” means the lands located in [Reeves, Pecos, Jeff Davis, and Culberson
Counties], Texas, more particularly described in Exhibit A. [Insert all applicable counties in which any of the properties listed on Exhibit A are located.] 

(q)    “Delivery Point” or “Delivery Points” shall have the meaning set forth in
Section 3.1. 
 (hhhh)     “Drip” means all distillates, condensate, and
liquids that accumulate in the drips, lines, and separators at any point downstream of the Receipt Points. 

(r)    “Ethane Option” shall have the meaning set forth in Exhibit F. 

(s)    “Fees” shall mean, collectively, the Central Conditioning Fee, the Cryogenic Processing Fee[, the
Gas Lift Fee], and the Treating Fee, each as set forth in Exhibit C. 

  
 Exhibit I – Page 5

 (t)    “Field FL&U” means a fixed four percent
(4.00%) of the difference of (1) Producer’s Processable Gas delivered at the low pressure Receipt Points less (2) Processable Gas redelivered to Producer upstream of the low pressure Delivery Points, which shall compensate Processor
in full for the sum of (i) all fuel (including electricity or other energy sources) used to operate Processor’s compressor stations (not including those stations within Processor’s Central Conditioning Facilities and the Cryos) and
(ii) any Gas lost or otherwise not accounted for from such Processor’s Facilities incident to, or occasioned by, gathering or compressing, as applicable, in the ordinary course, including Gas released through leaks, venting, flaring, or
instrumentation inaccuracies. 
 (u)    “Firm” means Processor’s obligation to receive and process
Producer’s Gas, and Producer’s right to deliver and have its Gas processed, shall not be subject to interruption, except as absolutely necessary as a result of Force Majeure or, after reasonable prior notice, during periods of
Processor’s Facilities maintenance or repair, and in the event of any such interruption or in the event of excess Gas deliveries to Processor’s Facilities (from Producer or a Third Party) over and above Plant Capacity, Producer’s Gas
and Gas of Similarly Situated Customers shall have priority rights equal to the highest level of service offered at Processor’s Facilities. 

(v)    “FL&U” means fuel and lost and unaccounted for Gas, electric fuel costs, and flare that is
retained as fuel and/or system loss by Processor, which is used in and/or occurs in the operation of Processor’s Facilities. 

(w)    “Force Majeure” shall have the meaning set forth in Section 12.2. 

(x)    “Gas” means any mixture of hydrocarbon gases or of hydrocarbon gases and non-combustible gases in a gaseous state. 
 (y)    “Gas Gathering
Agreement” means that certain Gas Gathering Agreement between Producer and Altus Midstream Gathering LP dated July 1, 2018, as amended, or any successor agreement thereto. 

(z)    [“Gas Lift Redelivery Period” means the period from the Effective Date through December 31,
2024, and continuing Year to Year thereafter until a Party provides notice to the other Party upon at least 180 Days’ notice of its intent to terminate the Gas Lift Redelivery Period as of December 31, 2024, or at the end of any subsequent
annual period.] [If this is still applicable] 
 (aa)    “Governmental Authority” means any federal,
state, municipal, local or similar governmental authority, regulatory or administrative agency or court with jurisdiction over the Parties or either Party, this Agreement, any of the transactions contemplated hereby, or Processor’s Facilities
or any other facilities utilized by a Party for the performance of this Agreement. 
 (bb)    “Gross Heating
Value” means the amount of energy transferred as heat per mass or mole from the complete, ideal combustion of the Gas with oxygen (from air), at a base temperature in which all water formed by the reaction condenses to liquid. If the gross
heating value has a volumetric rather than a mass or molar basis, the standard conditions are deemed 14.65 psia and 60 degrees Fahrenheit. 

  
 Exhibit I – Page 6

 (cc)    “High Pressure Gas Lift Redelivery Point(s)”
means any point, identified on Exhibit B, downstream of any field compressor station and upstream of a Cryogenic Processing Facility where Producer’s Gas is delivered to Producer at the inlet flange of a custody transfer meter located on the
high pressure gas gathering system. 
 (dd)    “Ideal Gas Laws” means the thermodynamic laws applying
to perfect gases. 
 (ee)    “Inert Constituents” means constituents other than Plant Products
contained in Gas, including oxygen, carbon dioxide, nitrogen, hydrogen sulfide, water vapor, ozone, nitrous oxide, and mercury. 

(ff)    “Interests” means any right, title, or interest in lands which gives Producer the right to
produce and market oil and/or Gas therefrom, whether arising from fee ownership, working interest ownership, mineral ownership, leasehold ownership, farmout, or other contractual arrangement or arising from any pooling, unitization, or
communitization of any of the foregoing rights within the Dedicated Area, and any and all replacements, renewals, and extensions or amendments of any of the same. 

(gg)    “Law” or “Laws” means any of the following: laws, rules, regulations, decrees,
judgments or orders of, or licenses or permits issued by, any Governmental Authority, including, without limitation, any U.S. Bureau of Land Management requirement that is applicable to any federal lease included in the Dedicated Area. 

(hh)    “Loss” means any loss, cost, expense, liability, damage, sanction, judgment, lien, fine, or
penalty, including reasonable attorney’s fees, incurred, suffered or paid by the applicable indemnified Persons on account of: (i) injuries (including death) to any Person or damage to or destruction of any property, sustained or alleged
to have been sustained in connection with or arising out of the matters for which the indemnifying Party has agreed to indemnify the applicable indemnified Persons, or (ii) the breach of any covenant or agreement made or to be performed by the
indemnifying Party pursuant to this Agreement. 
 (ii)    “Material Measurement Error” shall have the
meaning set forth in Section 5.4. 
 (jj)    “Mcf” means one thousand Cubic
Feet. 
 (kk)    “MMBtu” means one million Btu. 

(ll)    “Month” means the period beginning at 9:00 a.m., Central Time, on the first Day of a calendar
month and ending at 9:00 a.m., Central Time, on the first Day of the succeeding calendar month. 

(mm)    “Monthly Statement” shall have the meaning set forth in Section 10.1.

 (nn)    “Near Off-Spec Notice” shall have the meaning set
forth in Section 4.2. 
 (oo)    “New Well” means a well where drilling,
completion, and first production all occur after September 1, 2021. Producer shall notify Processor upon completion of a New Well; provided that failure to provide notice shall not limit Producer’s rights herein with respect to the

  
 Exhibit I – Page 7

 
New Well as long as Producer is able to subsequently show that such well satisfies the definition of a New Well. Furthermore, upon Processor’s request and if necessary to calculate the
applicable Fees, Producer shall provide volumes and other well information with respect to the New Wells. 

(pp)    “Non-Conforming Plant Products” shall have the meaning
set forth in Section 9.3. 

(qq)    “Non-Conforming Residue Gas” shall have the meaning set
forth in Section 8.3. 
 (rr)    “Non-Op
Gas” shall have the meaning set forth in Section 2.1. 
 (ss)    “Non-Processable Gas” means Producer’s Gas that Producer elects to have delivered to a Central Conditioning Facility. 

(tt)    “Non-Processable Gas FL&U” means a fixed six percent
(6.00%) of the difference of (1) Producer’s Non-Processable Gas delivered at the low pressure Receipt Points less (2) Non-Processable Gas redelivered to
Producer upstream of the low pressure Delivery Points, which shall compensate Processor in full for the sum of (i) all fuel (including electricity or other energy sources) used to operate Processor’s Central Conditioning Facilities and
(ii) any Gas lost or otherwise not accounted for from the Central Conditioning Facilities incident to or occasioned by the gathering, treating or compressing, as applicable, in ordinary course, including Gas released through leaks, venting,
flaring or instrumentation inaccuracies. 
 (uu)    “Off-Spec
Gas” shall have the meaning set forth in Section 4.2. 

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

(ww)     “Plant Capacity” means the capacity of Processor’s Facilities. 

(xx)    “Plant FL&U” means a fixed four percent (4.00%) of the Plant Inlet Volume, which shall
compensate Processor in full for the sum of (i) all fuel (including electricity or other energy sources) used to operate Processor’s Cryo and (ii) any Gas lost or otherwise not accounted for from Processor’s Cryo, in ordinary
course, including Gas released through leaks, venting, flaring or instrumentation inaccuracies. 

(yy)    “Plant Inlet Volume” means (1) Producer’s Processable Gas delivered at the low pressure
Receipt Points less (2) Processable Gas redelivered to Producer upstream of the low pressure Delivery Points less (3) Field FL&U less (4) Processable Gas redelivered to the High Pressure Gas Lift Redelivery Points. 

(zz)    “Plant Products” means the mixture consisting primarily of ethane, propane, isobutane, normal
butane, and natural gasoline (and any incidental methane) that are extracted at the Processor’s Facilities and all other Drip in Producer’s Gas delivered to the Delivery Points or otherwise recovered at the Processor’s Facilities.

  
 Exhibit I – Page 8

 (aaa)    “Plant Products Price” means, for each
component Plant Product, a price per gallon equal to 100% of the Monthly average of Processor’s actual sales price for such component product sold. It is understood that the Plant Products Price shall be net of actual, third–party,
commercially reasonable fees paid or incurred by Processor for the transportation and fractionation directly related to Producer’s Plant Products but shall not in any circumstance include any (i) marketing or broker fees,
(ii) deficiency, take-or-pay, or demand charges, (iii) price adjustments relating to Y-grade product quality
specifications, (iv) imbalance fees and penalties, (v) line fill requirements, or (vi) requirements as to product working inventory of Y-grade at a fractionation facility. 

(bbb)    “Plant Products Redelivery Points” means the upstream insulating flange of the applicable
custody meter at the discharge points downstream of the Processor’s Facilities, as applicable, as described on Exhibit B, in which Plant Products are redelivered as raw mix to a takeaway pipeline or other transport mode for the account of
Producer. 
 (ccc)    “Primary Term” shall have the meaning set forth in
Section 18.1. 
 (ddd)     “Processable Gas” means Producer’s Gas that
Producer elects to have delivered to a Cryogenic Processing Facility. 
 (eee)    “Processable Gas
FL&U” means the aggregate of Field FL&U and Plant FL&U. 
 (fff)    “Processor Indemnified
Parties” shall have the meaning set forth in Section 13.1. 

(ggg)    “Processor’s Facilities” means any or all of the compressor stations, Central Conditioning
Facilities, and Cryogenic Processing Facilities owned by Processor, capable of receiving Producer’s Gas for dehydration, compression, treating, and/or removal of Plant Products from time to time, and located in Reeves, Pecos, Jeff Davis, and
Culberson Counties, Texas. 
 (hhh)    “Producer’s Gas” means all of the Gas owned or controlled
by Producer that is produced from the Dedicated Area and delivered to Processor under this Agreement. 

(iii)    “Producer Indemnified Parties” shall have the meaning set forth in
Section 13.1. 
 (jjj)    “Producer’s
Non-Processable Reserved Capacity” shall be calculated to be effective every March 1 and shall mean a volume equal to [***]% of the sum of the average daily volume of (A) Non-Processable Gas delivered by Producer during the previous Calendar Year plus (B) any volumes that Producer was unable to deliver due to Force Majeure or due to a failure to receive by Processor.

 (kkk)    “Producer’s Processable Reserved Capacity” shall be calculated to be effective every
March 1 and shall mean a volume equal to [***]% of the sum of the average daily volume of (A) Processable Gas delivered by Producer during the previous Calendar Year plus (B) any volumes that Producer was unable to deliver due
to Force Majeure or due to a failure to receive by Processor. 
 (lll)    “Producer’s Reserved
Capacity” means, collectively, Producer’s Non-Processable Reserved Capacity and Producer’s Processable Reserved Capacity. 

  
 Exhibit I – Page 9

 (mmm)    “psia” means pounds per square inch absolute.

 (nnn)    “psig” means pounds per square inch gauge. 

(ooo)    “Receipt Point” means the inlet flange of the upstream gatherer’s facilities at the point
of interconnection between the low pressure gathering system and Producer’s facilities or the inlet flange of the upstream gatherer’s facilities at the point of interconnection between the high pressure gathering system and
Processor’s compression facilities. 
 (ppp)    “Redelivery Point Gas Quality Specifications” mean
the Gas quality requirements of downstream pipelines or other facility operators at the Residue Gas Delivery Points, as such requirements are in effect from time to time. 

(qqq)    “Residue Gas” means the portion of the Gas delivered to the Processor’s Facilities that
remains after treating and/or processing. 
 (rrr)    “Residue Gas Price” means a price per MMBtu equal
to 100% of the Monthly average of Processor’s actual sales price for Residue Gas sold. It is understood that the Residue Gas Price shall be net of actual, third-party, commercially reasonable fees paid or incurred by Processor for the
transportation directly related to Producer’s Residue Gas but shall not in any circumstance include any (i) marketing or broker fees, (ii) take-or-pay,
reservation, or demand charges, (iii) imbalance fees and penalties, or (iv) line fill requirements. 

(sss)    “Residue Gas Redelivery Points” means the upstream insulating flange of the applicable Residue
Gas custody meter at the discharge points downstream of the Processor’s Facilities, as applicable, as described on Exhibit B, where Residue Gas is delivered to a takeaway pipeline for the account of Producer. 

(ttt)    “Resolution Period” shall have the meaning set forth in Section 2.2 or
Section 3.5, as applicable. 
 (uuu)    “Services” shall have the meaning set
forth in Section 2.4. 
 (vvv)    “Shrinkage” shall have meaning set
forth in Exhibit F. 
 (www)    “Similarly Situated Customers” means any assignee of Producer’s
interests hereunder (whether total or partial) pursuant to Section 19.6 or any Third Party customer that has an equal level of service priority as Producer. 

(xxx)    “Tax” or “Taxes” means any federal, state or local taxes, fees, levies or other
assessments, including all sales and use, goods and services, ad valorem, transfer, gains, profits, excise, franchise, real and personal property, gross receipt, value added, capital stock, production, business and occupation, disability,
employment, payroll, license, unemployment, social security, Medicare, or withholding taxes or charges imposed by any Governmental Authority, and including any interest and penalties (civil or criminal) on any of the foregoing. 

(yyy)    “Term” shall have the meaning set forth in Section 18.1. 

  
 Exhibit I – Page 10

 (zzz)    “Third Party” means any Person that, as of any
applicable determination date, is not a Party to this Agreement. 
 (aaaa)    “Third Party Gas” means
Gas other than Producer’s Gas. 
 (bbbb)    “Transfer” means any direct or indirect transfer,
conveyance, assignment, grant, or other disposition of any rights, interests, or obligations. 
 (cccc)    
“Year” means a period of 365 consecutive Days, provided that any year containing the date of February 29 shall consist of 366 consecutive Days. 

ARTICLE II 

DEDICATION AND SERVICES 

Section 2.1    Dedication; Producer Reservations; Release Rights. 

 

	 	(a)	 Dedication. Subject to the terms and conditions of this Agreement, and solely for the purpose of this
Agreement, Producer hereby dedicates for the Services to be provided by Processor under this Agreement and shall deliver or cause to be delivered at the Delivery Point(s) the following: 

(i)    all Gas owned by Producer that is produced and saved from wells now or hereafter located within the
Dedicated Area or on lands pooled or unitized therewith, to the extent such Gas is attributable to Interests within the Dedicated Area and not otherwise delivered or used as permitted pursuant to this Agreement; and 

(ii)    with respect to wells now or hereafter located within the Dedicated Area or on lands pooled or
unitized herewith for which Producer is the operator, Gas for such wells that is owned by other working interest owners and royalty owners (“Non-Op Gas”) but only to the extent and for the
period that Producer has the right or obligation to market such Non-Op Gas. 

(b)    Covenant Running with the Land. It is the mutual intention of the Parties that, so long as the dedication in
Section 2.1(a) is in effect, this Agreement and the dedication under Section 2.1(a) and all of the terms and provisions of this Agreement collectively shall (i) be a covenant running with the
Interests within the Dedicated Area and (ii) be binding on and enforceable by Processor and its successors and assigns against Producer and its successors and assigns of the Interests within the Dedicated Area. Each Party agrees to execute,
acknowledge, and deliver to the other Party from time to time such additional agreements and instruments as may be reasonably requested by such other Party to more fully effectuate the intention of the Parties set forth in the immediately preceding
sentence, including a memorandum of this Agreement in the form set forth on Exhibit G, and in the event of a permanent release or partial assignment of the Interests dedicated hereunder, a memorandum of release in the form set forth on
Exhibit H. Producer shall cause any conveyance by it of all or any of the Interests within the Dedicated Area to be made expressly subject to the terms of this Agreement. By January 31 of each year, Producer and Processor shall update
Exhibit A to reflect any Interests within the 

  
 Exhibit I – Page 11

 
Dedicated Area (1) permanently released by Processor or (2) partially assigned by Producer during the immediately preceding year. Contemporaneously with any such update and supplement
to this Agreement, Producer shall execute, acknowledge, and deliver to Processor a supplement to each of the applicable memoranda of this Agreement previously filed for recording in the real property records of each county in which any portion of
such new Interests is located. 
 (c)    Forecasts. On or before August 1st of each Year during the Term,
Processor shall deliver to Producer a map showing each current Processor’s Facilities. Subject to Processor’s delivery of such map and Processor’s compliance with the confidentiality and restricted use requirements set forth in
Section 19.1 on or before October 1st of each Year during the Term, Producer shall deliver to Processor a 2-Year Forecast with respect to the Producer’s Gas. Producer may also
periodically provide updated 2-Year Forecasts during the Year if Producer has a good faith belief that its estimated production volumes have materially changed; provided, however, any updated 2-Year Forecast provided by Producer after October 1st shall not be applicable in Section 2.2(b) or
Section 3.5 of this Agreement until October 1st of the next Calendar Year. “2-Year Forecast” shall mean
Producer’s good faith estimate (expressed in Mcf per Day) and associated gas analysis of Producer’s Gas, to be produced from the Dedicated Area, broken down by Processor’s Facilities, and delivered to the Delivery Points for each
Month for the next two (2) years of the Term of the Agreement, which forecasts shall be based on Producer’s most recent engineering and planning data. At Processor’s request, but no more than once per quarter, Producer and Processor
will meet to discuss changes in the forecast to ensure that Processor will have adequate capacity in place to meet Producer’s requirements. For the sake of clarity, Processor acknowledges that Producer shall not at any time be required to
deliver any of Producer’s internal budget information to Processor. Producer shall use all commercially reasonable efforts and information available to it to create the 2-Year Forecasts, but, given the
inherent nature of the estimates involved in creating such Forecasts, Producer cannot guarantee the accuracy of any 2-Year Forecast. 

(d)    Producer’s Reservations.  

(i)    Gas for Lessors or Royalty Owners. Producer shall have the right to utilize Gas as may be
required to be delivered to lessors or royalty owners under the terms of leases or other agreements or as required for Producer’s operations within the Dedicated Area or lands pooled or unitized therewith, as determined by Producer in its sole
discretion. 
 (ii)    Pooling or Units. Producer may form, dissolve, and/or participate in
pooling agreements or units encompassing all or any portions of the Dedicated Area, as determined by Producer in its sole discretion. 

(iii)    Operational Control of Wells. Producer reserves the right to operate its leases and wells
in any manner that it desires, as determined by Producer in its sole discretion and free of any control by Processor, including without limitation, (i) shutting-in, cleaning out, reworking, modifying,
deepening, or abandoning any such wells, (ii) using any efficient, modern, or improved method for the production of its wells, (iii) flaring, burning, or venting Gas and (iv) surrendering, releasing, or terminating its leases or
Interests or allowing such leases or Interests to expire at any time. 

  
 Exhibit I – Page 12

 (iv)    Well Development and Operations. Producer
reserves the right to use Gas (including the Plant Products in such Gas), above ground or below, to develop and operate its leases and wells, including, without limitation, for Gas lift, fuel, pressure maintenance, or other re-injection purposes, secondary and tertiary recovery, drilling or cycling, operation of Producer’s facilities, and/or any other legitimate use in connection with the development and/or operation of its leases
and wells that are now or hereafter become subject to the terms of this Agreement. Additionally, for Gas used for fuel, Producer has the right to remove and dispose of liquid hydrocarbons from such Gas by means it deems necessary, including via low
temperature separation. 
 (v)    No Obligation to Develop. Notwithstanding anything else in this
Agreement that may be construed to the contrary, Producer reserves the right to develop and operate its leases and wells as it sees fit, in its sole discretion, and Producer shall have no obligation to Processor under this Agreement to develop or
otherwise produce Gas or other hydrocarbons from any properties owned by it, including any properties now or hereafter located within the Dedicated Area or the lands pooled or unitized therewith. 

Section 2.2    Release from Dedication. 

(a)    Immediate Temporary Release. If for any reason including Force Majeure and Producer’s Gas being Off-Spec Gas (but not including a pressure problem which is addressed in Section 3.5), Producer delivers Gas otherwise in accordance with the terms of this Agreement but Processor does not
take all or any portion of Producer’s Gas delivered or otherwise available for delivery at a Delivery Point, Producer shall be entitled to an immediate temporary release from dedication of such volume of Producer’s Gas, and may dispose of
such Gas in any manner it sees fits, subject to Processor’s right to resume receipts at a subsequent time when Processor is able to take all of Producer’s Gas available for delivery at the Delivery Point in accordance with the terms of
this Agreement, provided however if during such temporary release period Producer secures a different temporary market, Processor may resume receipts only upon thirty (30) days’ advance written notice and only as of the beginning of a
Month, unless otherwise agreed. 
 (b)    Permanent Release. In addition to
Section 2.2(a), above, if Producer delivers Gas otherwise in accordance with the terms of this Agreement but Processor does not take and process all or any portion of Producer’s Gas up to the applicable Producer’s
Reserved Capacity for delivery at an existing Delivery Point for any reason (including a failure to meet quality requirements for nitrogen, but not including (i) a failure to meet quality requirements other than for nitrogen as set forth above,
for which no permanent release shall be available or (ii) a pressure problem, which is addressed in Section 3.5) for a cumulative thirty (30) Days in any ninety (90) Day period, unless such failure is caused
by Force Majeure, in which case a cumulative 180 Days in any 365-Day period, or if Processor fails to allocate Producer’s Plant Products pursuant to the fixed recovery rates set forth on Exhibit F for a
cumulative thirty (30) Days in any ninety (90) Day period (with no extension if such failure is caused by Force Majeure), then upon Producer’s written notice to Processor, Processor shall have fifteen (15) Days from receipt of
such notice to propose a feasible plan to Producer that shall resolve such issue, at Processor’s sole cost and expense, within sixty 

  
 Exhibit I – Page 13

 
(60) Days after proposing such plan (the “Resolution Period”). If (A) Processor fails to propose a resolution within the stated fifteen (15) Days, (B) the issue is
not resolved after completion of Processor’s resolution, or (C) Processor does not complete such resolution within the Resolution Period (but if Processor’s completion is delayed or prevented by reason of Force Majeure, the Resolution
Period shall be extended by an additional 120 Days), Producer may elect within thirty (30) Days following Processor’s failure to propose a resolution, the completion of such inadequate resolution or the expiration of such Resolution
Period, as applicable, by giving written notice to Processor, to receive a permanent release from dedication as to the affected Delivery Point and the portion(s) of the Dedicated Area associated with such Delivery Point (and such released portion(s)
shall be stated in terms of acreage); provided, however, Producer shall not be entitled to the foregoing remedy to the extent that Producer’s good-faith estimate of the affected volumes exceeds the last
2-Year Forecast Producer delivered to Processor in accordance with Section 2.1(c). If Producer elects a permanent release and Processor’s failure to take and process
Producer’s Gas only affects certain, specific Delivery Point(s), Producer’s permanent release shall be limited to such affected Delivery Point(s) and the portion of the Dedicated Area connected upstream of such affected Delivery Point(s),
including existing and future wells within such portion of the Dedicated Area. If Producer elects a permanent release and Processor’s failure to take and process Producer’s Gas affects all Delivery Points receiving Processable Gas or all
Delivery Points receiving Non-Processable Gas, the portion(s) of the Dedicated Area to be released shall be designated by Producer, acting reasonably and in good faith, provided that Producer shall
provide to Processor (subject to the confidentiality and non-use restrictions set forth in this Agreement) reasonable evidence to support Producer’s determination of the portion(s) of the Dedicated Area
to be released, and as long as Producer’s determination of the areas to be released is reasonably supported, such determination shall be deemed conclusive. For clarity, this Section 2.2(b) is not applicable to the
extent that Producer’s upstream gatherer fails to connect a new Receipt Point. 
 (c)    Release by Upstream
Gatherer. Delivery of Producer’s Gas to Processor hereunder is dependent upon the performance of upstream gathering facilities to which Producer has made a dedication similar to the dedication under this Agreement. To the extent that
Producer’s dedication under such upstream contracts is released, Producer shall receive a corresponding release from dedication under this Agreement. 

Section 2.3    No Election of Remedies. Producer’s exercise of any right to a
release from dedication under Section 2.2 shall not be deemed as an election of remedies for any unexcused failure of Processor to perform any obligation under this Agreement, and Producer shall be entitled to any and all
other remedies, including specific performance and injunctive relief (without the need to post any bond). 

Section 2.4    Processing and Related Services. Subject to the terms and conditions of
this Agreement, each Month during the Term Processor shall provide, or cause to be provided the following services, each on a Firm basis (collectively, the “Services”): 

 

	 	(a)	 receive, or cause to be received, Producer’s Gas (including entrained condensate) at the Delivery Points
up to Producer’s Reserved Capacity; 

  
 Exhibit I – Page 14

	 	(b)	 dehydrate, compress, and, if required to meet the Redelivery Point Gas Quality Specifications, treat all of
Producer’s Non-Processable Gas at the Central Conditioning Facilities and purchase or deliver for Producer’s account such Producer’s Non-Processable Gas
as Residue Gas; 

  

	 	(c)	 for Producer’s Processable Gas, (i) compress and redeliver such Producer’s Gas into a high
pressure gathering system, (ii) during the Gas Lift Redelivery Period and at Producer’s direction, re-accept a portion of Producer’s Gas at a High Pressure Gas Lift Redelivery Point and
redeliver to Producer, and (iii) re-accept such Producer’s Gas, less any Producer Gas redelivered to Producer at a High Pressure Gas Lift Redelivery Point, at the Cryos; 

 

	 	(d)	 dehydrate, compress, treat (if required to meet the Redelivery Point Gas Quality Specifications), and remove
Plant Products from all of Producer’s Processable Gas; and purchase or deliver for Producer’s account all Producer’s Residue Gas and Plant Products for volumes attributable to Producer’s Processable Gas; and

  

	 	(e)	 perform such other obligations and actions as are described under this Agreement. 

Processor shall perform all Services and operate Processor’s Facilities consistent with industry standard and in a prudent, workmanlike manner. 

Notwithstanding anything in this Agreement to the contrary, Producer shall not be entitled to Services on a Firm basis on any Processor’s Facilities, or
any portions of the Processor’s Facilities, that have been built by Processor exclusively to service Gas volumes delivered by any Third Party customer. 

Section 2.5    Recovery Rates and Take In-Kind
Rights. 
 (a)    Recovery Rates. Subject to Producer’s Ethane Option, Processor shall determine
Producer’s share of Residue Gas and Plant Products from Producer’s Processable Gas based on the fixed recovery rates (which includes any condensate fallout) and the allocation methodology shown on Exhibit F. 

Any Plant Products that are recovered from Producer’s Processable Gas in excess of the fixed recovery rates described in Exhibit F shall be retained for
the account of Processor, and Processor agrees to sell, or cause to be sold, such retained Plant Products (other than condensate fallout) to Enterprise Products Operating LLC or its successor. For clarity, Processor shall include any Drip volumes in
the Gas delivered by Producer in its calculation of Producer’s share of Producer’s Plant Products, but Processor shall deliver pentanes in lieu of condensate at the Plant Products Redelivery Points. 

(b)    Allocation Event. If Processor is rendered unable, wholly or in part, by Force Majeure, to perform or comply
with any obligation or condition of this Agreement for more than seventy-two (72) consecutive hours in a given Month that impacts system recoveries of Plant Products (an “Allocation
Event”), then for the duration of the Allocation Event, Processor may allocate Plant Products and Residue Gas based on actual recoveries and fuels as described in this Section 2.5(b). 

  
 Exhibit I – Page 15

	 	(i)	 Processor will allocate FL&U consumed in Processor’s Facilities that handle Processable Gas to each
Receipt Point based on the ratio of MMBtu of Producer’s Processable Gas received at the Receipt Point to the total MMBtus of Gas received at all applicable receipt points into Processor’s Facilities utilizing the same level of compression
service; provided, however, fuel used in the treating of natural gas for the removal of non-hydrocarbon contaminants shall be allocated only to such Receipt Point(s) or receipt points which
require the removal of such non-hydrocarbon contaminants in order to meet the quality specifications at the Plant Product Redelivery Points or the Redelivery Point Gas Quality Specifications. The allocation of
fuel for such Receipt Point(s) or receipt points requiring removal of non-hydrocarbon contaminants will be further allocated based on such Receipt Point or receipt point volume and the percentage of non-hydrocarbon contaminants contained in each gas stream. 

  

	 	(ii)	 For each Receipt Point, Processor will determine the quantity of Plant Products allocated to Producer by
multiplying the total quantity of each Plant Product component recovered and sold from the applicable Processor’s Facilities and/or the Cryo by a fraction, the numerator of which will be the gallons of such Plant Product component contained in
the Processable Gas delivered by Producer at the Receipt Point less (i) its allocated share of FL&U that is consumed upstream of the Cryo and (ii) Gas delivered to Producer at High Pressure Gas Lift Redelivery Points, and the
denominator of which will be the total gallons of such Plant Product component contained in all Gas delivered to Processor from all sources connected to Processor’s Cryos, less FL&U and buyback gas, if applicable.

  

	 	(iii)	 The MMBtu of Residue Gas allocable to Producer shall be determined by multiplying the MMBtu of Residue Gas
available from the Cryo by a fraction, the numerator of which will be the theoretical MMBtu of Residue Gas remaining from Producer’s Processable Gas at the Receipt Point less Gas delivered to Producer at High Pressure Gas Lift Redelivery
Points, and the denominator of which will be the total of the theoretical MMBtu of Residue Gas remaining from all gas delivered to Processor from all sources connected to Processor’s Cryos, less buyback gas, if applicable.

 (c)    Take In-Kind - Residue Gas. For each Calendar
Year during the Term, Producer shall have the right to take its Residue Gas in-kind. Producer elects to take its Residue Gas in-kind at the Residue Gas Redelivery Point
as of the Effective Date of this Agreement. This election shall remain in effect until Producer provides notice to Processor at least one hundred eighty (180) Days prior to beginning of the Calendar Year that Producer no longer elects to take
its Residue Gas in-kind, and such election to no longer take in-kind shall continue for the remainder of the Term. For any Calendar Year the Producer elects to take its
Residue Gas in-kind, Processor shall not be required to pay the Residue Gas Price. Additionally, during any such Calendar Year, the “Take In-Kind Terms” set
forth in Article VIII and Exhibit E, as well as the applicable title, possession, and liability provisions of Article XIII and Article XIV shall apply. 

  
 Exhibit I – Page 16

 (d)    Take In-Kind - Plant
Products. For each Calendar Year during the Term, Producer shall have the right to take its Plant Products in-kind. Producer elects to take its Plant Products
in-kind at the Plant Products Redelivery Point as of the Effective Date of this Agreement. This election shall remain in effect until Producer provides notice to Processor at least one hundred eighty
(180) Days period to the beginning of the Calendar Year that Producer no longer elects to take its Plant Products in-kind, and such election to no longer take
in-kind shall continue for the remainder of the Term. For any Calendar Year that Producer elects to take its Plant Products in-kind, Processor shall not be required to
pay the Plant Products Price. Additionally, during any such Calendar Year, the “Take In-Kind Terms” set forth in Article IX and Exhibit E, as well as the applicable title, possession, and
liability provisions of Article XIII and Article XIV shall apply. 

Section 2.6    Modification of System Capacity. Other than during periods of emergency
and/or required Maintenance, Processor shall not take, without Producer’s prior written consent, any action that could cause the Plant Capacity to be reduced below the aggregate capacity needed to satisfy all of Processor’s Firm contracts.

 Section 2.7    Priority of Gas Services; Curtailment. Processor covenants that it
shall not oversubscribe Processor’s Facilities or take additional production into Processor’s Facilities if, as a result, Processor is unable to perform its Service obligations under this Agreement. Processor agrees to not provide services
of any kind for any Third Party Gas on a basis that has a priority higher than that to which Producer is entitled under this Agreement without Producer’s prior written consent; provided, however, that such consent shall not be unreasonably
withheld if the Third Party agreement shall not be reasonably expected to impact Processor’s ability to perform its obligations to Producer under this Agreement. If for any reason, including, without limitation, Force Majeure, maintenance, or
constraints at Redelivery Point(s), Processor needs to curtail receipt, processing or delivery of Gas at the Processor’s Facilities, the following procedures shall be followed: 

 

	 	(a)	 First, Gas deliveries from all customers other than Producer and Similarly Situated Customers shall be
curtailed prior to any curtailment or interruption of Producer’s Gas or Gas from Similarly Situated Customers; and 

  

	 	(b)	 Second, if additional curtailments are required beyond Section 2.7(a) above,
Processor shall notify Producer and the Similarly Situated Customers of such curtailment and require good faith estimates of expected gas volumes from Producer and Similarly Situated Customers. Processor shall then allocate the Plant Capacity at the
affected Delivery Point on a pro rata basis based upon Producer’s and each Similarly Situated Customer’s respective good faith estimates for the affected point. 

Section 2.8    Third Party Gas. Processor agrees that it shall not accept Third Party Gas
into the Processor’s Facilities if such Third Party Gas shall cause Producer’s Gas to not meet the Redelivery Point Gas Quality Specifications. 

  
 Exhibit I – Page 17

 Section 2.9    Operation and Maintenance of
Processor’s Facilities. Processor shall (i) be entitled to complete operational control of the Processor’s Facilities and (ii) construct, install, own, operate, and maintain, at its sole cost, risk and expense, the facilities
in accordance with all applicable laws, as a reasonably prudent operator and, to the extent reasonably possible, in a cost-efficient and effective manner for Producer. For the avoidance of doubt, Processor shall have the right to deliver
Producer’s Non-Processable Gas to the Cryos as long as Processor settles Producer’s Fees and FL&U based on the Non-Processable Gas terms in this Agreement.

 Section 2.10    Commingling. The Parties agree that Producer’s Gas may
constitute part of the supply of Gas from multiple sources, and Processor shall have the right, subject to Processor’s obligations under this Agreement, to commingle Producer’s Gas with other Gas, to deliver Residue Gas and Plant Products
containing molecules different from those received at the Delivery Points, and to handle the molecules delivered at the Delivery Points in any manner. 

ARTICLE III 

DELIVERY POINTS AND PRESSURE 

Section 3.1    Delivery Points. The delivery points for all Producer’s Gas delivered
by Producer under this Agreement shall be the location where Producer’s Gas enters the inlet flange of the Processor’s Facilities located at the points identified on Exhibit B of this Agreement (each, a “Delivery Point,”
and together, the “Delivery Points”). 
 Section 3.2    Pressure at
Delivery Points. Producer shall cause Producer’s Gas to be delivered to the Delivery Points at a pressure sufficient to enter the Processor’s facilities, provided that Processor maintains the operating pressures at not more than
[***] psig at the inlet to any Central Conditioning Facilities and at all other Low Pressure Delivery Points. Processor shall maintain a minimum operating pressure at the inlet to the Cryogenic Processing Facilities and at the High Pressure
Gas Lift Redelivery Points of no less than the minimum pressure for each such point as detailed on Exhibit B. Producer shall not deliver Gas at a pressure in excess of the MAOP at the Delivery Point, as such MAOP may exist from time to time. As
of the Effective Date, the MAOP at each Delivery Point shall be listed on Exhibit B, and Processor shall give written notice to Producer at any time thereafter that the MAOP for any Delivery Point changes and for each additional Delivery Point when
it is added. 
 Section 3.3    Pressure at Residue Gas Redelivery Points. If Producer
elects to take its Residue Gas in-kind, Processor shall redeliver Residue Gas at a pressure sufficient to enter the receiving facilities at such Residue Gas Redelivery Point, but shall not deliver such Gas at
a pressure in excess of the MAOP of such receiving facilities, as such MAOP may exist from time to time. 

Section 3.4    Pressure at Plant Product Redelivery Points. If Producer elects to take
its Plant Products in-kind, Processor shall redeliver Plant Products at a pressure sufficient to enter the receiving facilities at each Plant Product Redelivery Point, but shall not deliver such Plant Products
at a pressure in excess of MAOP of such receiving facilities, as such MAOP may exist from time to time. 

  
 Exhibit I – Page 18

 Section 3.5    Release Rights. At any
time that the operating pressure at a Delivery Point is not in compliance with the required operating pressure or is in excess of the MAOP for any reason, including Force Majeure, Producer shall be entitled to an immediate temporary release from
dedication and may immediately dispose of and/or deliver to any third Person any of Producer’s Gas available for delivery at such Delivery Point. In the event the operating pressure is not in compliance with the required pressure for a
cumulative thirty (30) Days in any ninety (90) Day period for reasons other than Force Majeure, then upon Producer’s written notice to Processor, Processor shall have fifteen (15) Days from receipt of such notice to propose a
feasible plan that shall, at Processor’s sole cost and expense, resolve the pressure issue within sixty (60) Days after proposing such plan (the “Resolution Period”) so that the pressure shall be maintained in compliance
with the required pressure (including when all available Gas is delivered to the Delivery Point(s), i.e., including all of Producer’s Gas that may have been temporarily released). If (a) Processor fails to propose a resolution within the
stated fifteen (15) Days, (b) the issue is not resolved after completion of Processor’s resolution, or (c) Processor does not complete its proposed resolution within the Resolution Period for any reason (but if Processor’s
completion is delayed or prevented by reason of Force Majeure, the Resolution Period shall be extended by an additional 120 Days), then Producer may elect, by giving written notice to Processor, to receive a permanent release from dedication as to
any affected Delivery Point(s) and the portion(s) of the Dedicated Area associated with such Delivery Point(s) (and such released portion(s) may be stated in terms of wells and/or acreage); provided, however, Producer shall not be entitled to a
permanent release to the extent that (x) any Receipt Point(s) upstream of the Delivery Point are in compliance with the Required Pressure (as defined in the Gas Gathering Agreement) for such Receipt Point(s) or (y) Producer’s
good-faith estimate of volumes exceeds the last 2-Year Forecast Producer delivered to Processor in accordance with Section 2.1(c). If Producer elects a permanent release and the
pressure issue only affects certain, specific Delivery Point(s), Producer’s permanent release shall be limited to such affected Delivery Point(s) and the portion of the Dedicated Area connected upstream of such affected Delivery Point(s),
including existing and future wells within such portion of the Dedicated Area. If Producer elects a permanent release and the pressure issue affects all Delivery Points receiving Processable Gas or all Delivery Points receiving Non-Processable Gas, the portion(s) of the Dedicated Area to be released shall be designated by Producer, acting reasonably and in good faith, provided that Producer shall provide to Processor (subject to the
confidentiality and non-use restrictions set forth in this Agreement) reasonable evidence to support Producer’s determination of the portion(s) of the Dedicated Area to be released, and as long as
Producer’s determination of the areas to be released is reasonably supported, such determination shall be deemed conclusive. Producer’s right to a release from dedication shall not be deemed an election of remedies, and Producer shall be
entitled to any and all other remedies, including specific performance and injunctive relief (without the need to post any bond). 

  
 Exhibit I – Page 19

 ARTICLE IV 

GAS QUALITY 

Section 4.1    Gas Quality Specifications. Processable Gas shall meet the Gas Quality
Specifications set forth in Exhibit D-1. Non-Processable Gas shall meet the Gas Quality Specifications set forth in Exhibit D-2.
Notwithstanding anything in this Article IV to the contrary, the Parties acknowledge that, as of the Effective Date, Processor is accepting Producer Gas from certain Sour Gas Receipt Points listed on
Exhibit D-1 for Producer’s Processable Gas and Exhibit D-2 for Producer’s Non-Processable Gas that may not
conform to the applicable Gas Quality Specifications, and the Parties agree that as long as (i) the concentration of the respective non-conforming Gas Quality Specification or daily delivered volume does
not exceed 110% of the Baseline Conditions as stated on Exhibit D-1 for Producer’s Processable Gas and Exhibit D-2 for Producer’s Non-Processable Gas and (ii) the conditions of Section 4.2 are satisfied, Producer Gas delivered from such sources during the Term shall not be considered Off-Spec Gas. 
 Section 4.2    Non-Conforming Gas. If at any time (i) the weighted average by volume of Producer’s Processable Gas received at all Delivery Points fails to conform to the Gas Quality Specifications set forth in
Exhibit D-1, (ii) the weighted average by volume of Producer’s Non-Processable Gas received at all Delivery Points fails to conform to the Gas Quality
Specifications set forth in Exhibit D-2, or (iii) Producer’ Gas received at any Receipt Point contains more than one hundred (100) parts per million by volume of hydrogen sulfide or more than
six percent (6%) carbon dioxide by volume. (in each case, “Off-Spec Gas”), then Processor shall promptly give Producer written notice of the deficiency and shall have the right to cease taking
any Off-Spec Gas. In addition, Processor shall give Producer written notice (a “Near Off-Spec Notice”) if Producer’s Gas reaches eighty
percent (80%) of the applicable specification for hydrogen sulfide, carbon dioxide, or nitrogen, and such Near Off-Spec Notice shall remain in effect until Producer’s Gas has not exceeded fifty
percent (50%) of the applicable specification for hydrogen sulfide, carbon dioxide, and nitrogen for five (5) consecutive Days; provided, that if the circumstances giving rise to a Near
Off-Spec Notice last for more than one Month, Processor shall provide an updated Near Off-Spec Notice for each Month that the situation continues. 

Section 4.3    Reimbursement for Costs and Expenses. Producer shall reimburse Processor
for actual, reasonable costs and expenses directly resulting from damage to (i) the Processor’s Facilities, (ii) other customers’ Gas, and (iii) all third parties located downstream of Processor’s Facilities, to the
extent such damage is directly caused by the delivery to the Processor’s Facilities of Producer’s Gas that is Off-Spec Gas, except when Processor knowingly accepts such Off-Spec Gas into the Processor’s Facilities. Notwithstanding the above or anything else in this Agreement, Producer’s responsibility under this
Section 4.3 shall be for actual, direct damages only, and in no event shall this
Section 4.3 require Producer to pay or in any way be responsible for the Consequential Damages of any Person. 

  
 Exhibit I – Page 20

 ARTICLE V 

MEASUREMENT 

Section 5.1    Equipment and Specifications. Producer’s Gas delivered to the
Processor’s Facilities shall be measured by Processor at each Receipt Point, each Delivery Point, each High Pressure Gas Lift Redelivery Point, and any point on the gathering system upstream of Processor’s Facilities where buyback gas is
redelivered to Producer, and the Residue Gas and Plant Products shall be measured at the meter(s) at the applicable Redelivery Point(s). The meters and appurtenant facilities shall be installed, operated, and maintained by Processor in accurate
working order and condition, in accordance with the requirements set forth in this Article V, with good and workmanlike standards generally practiced by reasonably prudent gas processing operators, and in accordance with all laws. 

Section 5.2    Gas Meter Standards. Orifice meters installed in such measuring stations
for Gas shall be constructed and operated in accordance with ANSI/API 2530 API 14.3, AGA Report No. 3, Orifice Metering of Natural Gas and Other Related Hydrocarbon Fluids (including as it may be revised from time to time) and shall
include the use of flange connections and, where necessary, straightening vanes, flow conditioners and/or pulsation dampening equipment. Ultrasonic meters or Coriolis meters installed in such measuring stations shall be constructed and operated in
accordance with AGA Report No. 9, Measurement of Gas by Ultrasonic Meters, First Edition, and AGA Report No. 11, Measurement of Natural Gas by Coriolis Meter, respectively; and any subsequent modification and amendment
thereof generally accepted within the Gas industry. Electronic flow computers shall be used and the Gas shall have its volume, mass, and/or heat content computed in accordance with the applicable AGA standards including, but not limited to, AGA
Report Nos. 3, 5, 6, 7, 8 and API 21.1 “Flow Measurement Using Electronic Metering Systems” and any subsequent modifications and amendments thereof generally accepted within the Gas industry. When Gas chromatographs are used they
shall be installed, operated, maintained, and verified according to industry standards (GPA 2261, GPA 2145, GPA 2172, and GPA 2177). 

Section 5.3    Notice of Measurement Equipment Inspection and Calibration. Each Party
shall give seventy-two (72) hours’ notice to the other Party in order that the other Party may, at its option, have representatives present to observe any reading, inspecting, testing, calibrating,
or adjusting of measuring equipment used in measuring or checking the measurement of receipts or deliveries of Gas under this Agreement. The official electronic data from such measuring equipment shall remain the property of the measuring equipment
owner, but copies of such records shall, upon written request, be submitted, together with calculations and flow computer configurations therefrom, to the requesting Party for inspection and verification. 

Section 5.4    Measurement Accuracy Verification. Each Party shall verify the accuracy of
all transmitters, flow computers, and other equipment used in the measurement of the Gas hereunder at intervals not to exceed one hundred eighty (180) Days and cause such equipment to be adjusted or calibrated as necessary. Testing frequency
shall be based upon each Delivery Point flow rate (Mcf/Day). Any flow rate at a Delivery Point that is: (x) greater than 1,000 Mcf/Day shall be tested Monthly, (y) between 101 and 1,000 Mcf/Day shall be tested quarterly, and (z) less
than 100 Mcf/Day shall be tested semi-annually. Neither Party shall be required to cause adjustment or calibration of such equipment more frequently than once every Month, unless a special test is requested pursuant to
Section 5.5. If, upon testing, (i) no adjustment or calibration error is found that results in an incremental adjustment to the calculated flow rate through each meter run in excess of two percent (2%) of the adjusted
flow rate (whether positive or negative and using the adjusted flow rate as the percent error equation denominator) or (ii) any quantity 

  
 Exhibit I – Page 21

 
error is not greater than two hundred fifty (250) Mcf per Month, then any previous recordings of such equipment shall be considered accurate in computing deliveries but such equipment shall
be adjusted or calibrated at once. If, during any test of the measuring equipment, an adjustment or calibration error is found that results in (i) an incremental adjustment to the calculated flow rate through each meter run in excess of two
percent (2%) of the adjusted flow rate (whether positive or negative and using the adjusted flow rate as the percent error equation denominator) and (ii) a quantity error greater than two hundred fifty (250) Mcf per Month
(“Material Measurement Error”), then any previous recordings of such equipment shall be corrected to zero error for any period during which the error existed (and which is either known definitely or agreed to by the Parties) and the
total flow for such period shall be determined in accordance with the provisions of Section 5.6. If the period of error condition cannot be determined or agreed upon between the Parties, such correction shall be for a
period extending over the last one half (1/2) of the time elapsed since the date of the last test. 

Section 5.5    Special Tests. In the event a Party desires a special test (a test not
scheduled by a Party under the provisions of Section 5.4) of any measuring equipment, seventy-two (72) hours’ advance notice shall be given to the other Party and, after
providing such notice, such test shall be promptly performed. If no Material Measurement Error is found, the Party requesting the test shall pay the costs of such special test including any labor and transportation costs pertaining thereto. If a
Material Measurement Error is determined to exist, the Party responsible for such measurement shall pay such costs and perform any corrections required under Section 5.4. 

Section 5.6    Metered Flow Rates in Error. If, for any reason, any measurement equipment
is (i) out of adjustment, (ii) out of service, or (iii) out of repair, and, in each case, a Material Measurement Error exists as a result thereof, the total quantity of Gas delivered shall be determined in accordance with the first of
the following methods which is feasible: 
 (a)    by using the registration of any mutually agreeable check metering
facility, if installed and accurately registering (subject to testing as provided for in Section 5.4); 

(b)    where multiple meter runs exist in series, by calculation using the registration of such meter run equipment;
provided that they are measuring Gas from upstream and downstream headers in common with the faulty metering equipment, are not controlled by separate regulators, and are accurately registering; or 

(c)    by estimating the quantity, based upon deliveries made during periods of similar conditions when the meter was
registering accurately. 
 Section 5.7    Record Retention. Processor shall retain and
preserve all test data, charts, and similar records for any Calendar Year for a period of at least sixty (60) Months, unless any applicable Law requires a longer time period or Processor has received written notification of a dispute involving
such records, in which case all records shall be retained until the related issue is resolved. 

  
 Exhibit I – Page 22

 Section 5.8    Correction Factors for
Volume Measurement. The computations of the volumes of Gas measured shall be made as follows: 
 (a)    The hourly
orifice coefficient for each meter shall be calculated at the base pressure of fourteen and sixty-five hundredths (14.65) psia and the base temperature of sixty (60) degrees Fahrenheit. All Gas volume measurements shall be based on a local
atmospheric pressure assumed to be thirteen and seven-tenths (13.7) psia. 
 (b)    The flowing temperature of the Gas
shall be continuously measured. In the case of electronic metering, such temperature measurement shall be used as continuous input to the flow computer for calculation of Gas volume, mass and/or energy content in accordance with the applicable AGA
or API 21.1 standards including, but not limited to, AGA Report Nos. 3, 5, 6, 7 and 8 and any subsequent modification and amendments thereof generally accepted within the Gas industry. 

(c)    Measurements of inside diameters of pipe runs and orifices shall be obtained by means of a micrometer to the
nearest one-thousandth of an inch, and such measurements shall be used in computations of coefficients. 

(d)    In determining the volume of Gas, when electronic transducers and flow computers are used, the Gas shall have its
volume, mass and/or energy content continuously integrated in accordance with the applicable AGA standards including, but not limited to, AGA report Nos. 3, 5, 6, 7 and 8 and any subsequent modification and amendments thereof generally accepted
within the Gas industry. 
 (e)    In calculating the volume of Gas, deviation from Boyle’s Law at the pressure,
specific gravity, and temperature for each measurement shall be determined by use of AGA Report No. 8, Compressibility Factors for Natural Gas and Other Related Hydrocarbon Gases, published by the AGA in conjunction with
Gas Measurement Committee Report No. 3 and amendments thereto generally accepted within the Gas industry. 

(f)    Whenever the conditions of pressure and temperature differ from the standards described herein, conversion of the
volume from these conditions to the standard conditions shall be made in accordance with the Ideal Gas Laws, corrected for deviation by the methods set forth in the AGA Gas Measurement Committee Report No. 3, as said report
may be amended from time to time. 
 Section 5.9    Exception to Gas Measurement Basis.
If at any time the basis of measurement set out in this Agreement should conflict with any Law, then the basis of measurement provided for in such Law shall govern measurements hereunder. 

Section 5.10    Gas Sampling. Receipt Point meters downstream of new wells or wells that
have been changed due to a workover or other well bore alteration that could alter the Gas composition shall be sampled Monthly until the analyses demonstrate reasonable consistency. After such time, said meters shall then be sampled at the stated
calibration frequency. Processor shall install and maintain a Gas composite sampler at each of the Receipt Points. 

(a)    Receipt Points and Delivery Points. The composition, specific gravity and Gross Heating Value of
Producer’s Gas shall be determined by the measuring party taking a sample at the same frequency as the meter calibration test. The sample shall be acquired through an on-line chromatograph or a composite
sampler. The analytical results shall be applied at the beginning of the Month the sample is taken until a subsequent representative sample is applied. 

  
 Exhibit I – Page 23

 (b)    Residue Gas Redelivery Points. The composition, specific
gravity, and Gross Heating Value of Producer’s Residue Gas shall be determined by the measuring party taking a sample at the same frequency as the meter calibration test. The sample shall be acquired through either an on-line Gas chromatograph or a composite sampler. The analytical results shall be applied at the beginning of the Month the sample is taken until a subsequent representative sample is applied. 

(c)    The specific gravity of Gas at all applicable measurement points shall be determined by a Gas chromatographic
component analysis to the nearest one thousandth (0.001) of the samples of the Gas taken for test purposes as provided above, or by such other method as shall be mutually agreed upon. 

(d)    The Gross Heating Value shall be measured by Gas chromatographic analysis or component analysis of the
samples of the Gas taken for test purposes as provided above, or by such other method as shall be mutually agreed upon. 

(e)    The Gas received by Processor at Delivery Points other than those at the inlet of a Cryogenic Processing Facility
shall be deemed as saturated with water and the Gas shall be measured and settled as saturated at base pressure and base temperature. 

Section 5.11    Modifications to Measurement Procedures. In the event the measurement
procedures herein cease to be reflective of actual operations or become inequitable in any respect, such measurement procedures shall be modified to reflect actual operations and to remove such inequities, as long as such modified measurement
procedures are consistently applied to Producer and all other customers at the Processor’s Facilities. 
 ARTICLE VI 

FEES, FUEL, AND CONSIDERATION 

Section 6.1    Fees. 

 

	 	(a)	 Non-Processable Gas. Producer shall pay to Processor the
applicable Central Conditioning Fee, set forth in Exhibit C, for all Producer’s Non-Processable Gas measured at all low pressure Receipt Points, less
Non-Processable Gas redelivered to Producer upstream of the low pressure Delivery Points and at the High Pressure Gas Lift Redelivery Points. 

 

	 	(b)	 Processable Gas. Producer shall pay to Processor the applicable Cryogenic Processing Fee, set forth in
Exhibit C, on the Plant Inlet Volume. 

  

	 	(c)	 Gas Lift Fee. During the Gas Lift Redelivery Period, Producer shall pay to Processor the Gas Lift Fee
for all of Producer’s Gas redelivered to Producer at the High Pressure Gas Lift Redelivery Point(s). 

  
 Exhibit I – Page 24

	 	(d)	 Treating Fee. During any Month that the weighted average by volume of Producer’s Processable
Gas received at all Delivery Points exceeds 4ppm for hydrogen sulfide, then Producer shall pay to Processor the applicable Treating Fee set forth in Exhibit C for volumes at any Receipt Point that exceed 4ppm for hydrogen sulfide. Similarly, during
any Month that the weighted average by volume of Producer’s Processable Gas received at all Delivery Points exceeds the Gas Quality Specification set forth in Exhibit D-1 for carbon dioxide, then Producer
shall pay to Processor the applicable Treating Fee set forth in Exhibit C for volumes at any Receipt Point that exceed the Gas Quality Specifications set forth in Exhibit D-1 for carbon dioxide.
Notwithstanding the foregoing, Producer shall not be required to pay more than one Treating Fee for Producer’s Processable Gas at a Receipt Point, and if Producer’s Processable Gas at any Receipt Point both exceeds 4ppm for hydrogen
sulfide and does not meet the Gas Quality Specifications as set forth in Exhibit D-1 for carbon dioxide, only the Treating Fee which calculates to the largest resultant fee per Mcf for such Receipt Point shall
apply. 

 Section 6.2    FL&U. For Services provided at the
Central Conditioning Facility or Cryogenic Processing Facility to which Producer’s Gas is delivered, Producer shall bear responsibility for the Non-Processable Gas FL&U and the Processable Gas
FL&U, whichever is applicable to the Receipt Point. 
 Section 6.3    Fee
Adjustment. On July 1st of each year, all Fees shall each be automatically adjusted upward or downward by the percentage change in the Chained Consumer Price Index for All Urban Consumers, all
items less food and energy, as and when published and considered final by the U.S. Department of Labor Bureau of Labor Statistics calculated for the twelve (12) Months immediately preceding the date of escalation; provided, however, no
Fee shall ever be adjusted below its original amount as of the Effective Date; and, provided, further, that the amount of adjustment for each year shall not exceed [***] percent ([***]%) per annum. 

ARTICLE VII 

PRICE AND ALLOCATIONS 

Section 7.1    Residue Gas and Plant Products Purchases. Except to the extent that
Producer has elected to take its Residue Gas and/or its Plant Products in-kind pursuant to Sections 2.5(b) and 2.5(c), as full consideration for Producer’s Residue Gas and Producer’s
Plant Products attributable to Producer’s Gas and all its components delivered to Processor each month at the Delivery Points, Processer shall pay Producer: (i) the Residue Gas Price for each MMBtu of Producer’s Residue Gas and
(ii) the Plant Products Price for each gallon of each component contained in Producer’s Plant Products. No separate payment is due under this Agreement for helium, sulfur, CO2, or
other non-hydrocarbons. 

Section 7.2    Allocation of Residue Gas and Plant Products. Processor shall determine,
on a Monthly basis, the Residue Gas and Plant Products attributable to Producer’s Gas using the allocation methodologies set forth in Exhibit F. From time to time Processor may make changes and adjustments in its allocation methods to improve
accuracy, provided that Processor provides written notice, evidencing the reasons for the necessary changes and adjustments, to Producer prior to making such changes or adjustments. 

  
 Exhibit I – Page 25

 ARTICLE VIII 

RESIDUE GAS REDELIVERY PROCEDURES 

Section 8.1    Procedure for Residue Gas Disposition. When Producer has elected to take
its Residue Gas in-kind, Processor shall return to Producer, or for Producer’s account, Producer’s Residue Gas at the Residue Gas Redelivery Points. 

Section 8.2    Disposition of Producer’s Residue Gas. Producer shall arrange for the
disposition and sale of Producer’s Residue Gas actually delivered to Producer or for Producer’s account. If Producer fails to provide for the disposition and sale of that Residue Gas (i.e., Producer fails to nominate on a downstream
pipeline), Processor shall, in a commercially reasonable manner, arrange for disposition and sale of that Residue Gas and shall remit the net proceeds to Producer after deductions for all reasonable transportation charges, a marketing fee of $0.05
per MMBtu, and other actual, reasonable costs associated with the disposition and sale of Producer’s Residue Gas. Processor’s remittance of such net proceeds to Producer shall include the gross sales proceeds at which such Residue Gas was
sold and reasonably detailed documentation of all such costs and charges deducted from such gross sales proceeds. 

Section 8.3    Quality. The Residue Gas delivered by Processor from the Processor’s
Facilities to Producer or for Producer’s account at the Residue Gas Redelivery Point(s) must meet all quality specifications of the Producer’s designated receiving pipeline(s), as such quality specifications are in effect as of the
Effective Date, and if at any time after the Effective Date the applicable receiving pipeline changes its quality specifications to be more stringent, Processor shall have the right to make corresponding revisions to the quality specifications set
forth in Exhibit D in amounts consistent with the receiving pipeline’s changes. Any Residue Gas redelivered by Processor which does not conform with all of the aforesaid quality requirements is referred to herein as “Non-Conforming Residue Gas”. Processor shall reimburse Producer for any and all actual, reasonable costs and expenses directly resulting from damage to Producer and all third parties located downstream of
Processor’s facilities to the extent such damage is directly caused by the redelivery to the Producer or for Producer’s account of Non-Conforming Residue Gas. Notwithstanding the above or
anything else in this Agreement, Processor’s responsibility under this Section 8.3 shall be for actual, direct damages only, and in no event shall this
Section 8.3 require Processor to pay or in any way be responsible for the Consequential Damages of any Person. Except for Processor’s rights to make
adjustments to the quality specifications in Exhibit D, the terms of this Section 8.3 shall not apply to the extent that Producer’s Gas delivered to Processor was Off-Spec
Gas that Processor did not knowingly accept and such Off-Spec Gas caused the Residue Gas to be Non-Conforming Residue Gas. 

  
 Exhibit I – Page 26

 ARTICLE IX 

PLANT PRODUCTS REDELIVERY PROCEDURES 

Section 9.1    Procedure for Plant Product Disposition. When Producer has elected to take
its Plant Products in-kind, Processor shall return to Producer, or for Producer’s account, Producer’s Plant Products at the Plant Products Redelivery Points in the form of raw mix of natural gas
liquids. 
 Section 9.2    Disposition of Producer’s Plant Products. Producer
shall arrange for the disposition and sale of its share of Plant Products actually delivered to Producer or for Producer’s account. If Producer fails to provide for the disposition and sale of its share of Plant Products actually delivered to
it, Processor may arrange for disposition and sale of those Plant Products and Processor shall remit the net proceeds to Producer after deductions for all actual, reasonable transportation and fractionation charges, a marketing fee of $0.005 per
Gallon, and other actual, reasonable costs associated with the disposition and sale of such Plant Products. Processor’s remittance of such net proceeds to Producer shall include the price at which each Plant Product was sold and reasonably
detailed documentation of all such costs and charges deducted from such sale price. 

Section 9.3    Quality. The Plant Products delivered by Processor to Producer or for
Producer’s account at the Plant Products Redelivery Points must meet all quality requirements of the Producer’s designated receiving pipeline(s), as such quality specifications are in effect as of the Effective Date, and if at any time
after the Effective Date the applicable receiving transporter changes its quality specifications to be more stringent, Processor shall have the right to make corresponding revisions to the quality specifications set forth in Exhibit D in amounts
consistent with the receiving transporter’s changes. Any Plant Products redelivered by Processor which do not conform with all of the aforesaid quality requirements is referred to herein as
“Non-Conforming Plant Products”. Processor shall reimburse Producer for any and all actual, reasonable costs and expenses directly resulting from damage to Producer and all third parties
located downstream of Processor’s Facilities to the extent such damage is directly caused by the redelivery to the Producer or for Producer’s account of Non-Conforming Plant Products.
Notwithstanding the above or anything else in this Agreement, Processor’s responsibility under this Section 9.3 shall be for actual, direct damages only,
and in no event shall this Section 9.3 require Processor to pay or in any way be responsible for the Consequential Damages of any Person. Except for
Processor’s rights to make adjustments to the quality specifications in Exhibit D, the terms of this Section 9.3 shall not apply to the extent that Producer’s Gas delivered to Processor was Off-Spec Gas that Processor did not knowingly accept and such Off-Spec Gas caused the Plant Products to be Non-Conforming Plant
Products. 
 ARTICLE X 

PAYMENTS 

Section 10.1    Payments and Invoices. Processor shall provide Producer with a detailed
statement and supporting documentation for the net amount of all consideration due from Producer to Processor under the terms of this Agreement (net of any amounts due from Processor to Producer under this Agreement), not later than the last Day of
the Month immediately following the Month 

  
 Exhibit I – Page 27

 
for which the consideration is due (such statement, the “Monthly Statement”). Not later than thirty (30) Days following Producer’s receipt of a Monthly Statement,
Producer shall pay to Processor all net amounts due and owing from Producer to Processor under the Monthly Statement. If a good faith dispute arises as to a Monthly Statement, Producer shall provide Processor a written notice of dispute on or before
the date payment is due for same, setting forth, in reasonable detail, the grounds for such dispute. Notwithstanding the delivery of a dispute notice, Producer shall pay to Processor the undisputed portions of each Monthly Statement in accordance
with the terms of this Agreement. Any amounts owing by Processor to Producer shall be paid simultaneously with delivery of the Monthly Statement. Payments to either Party shall be according to the applicable payment instructions set forth in
Article XVI. If any payment due date falls on a non-Business Day, the payment shall be due on the first Business Day thereafter. 

Section 10.2    Netting, Offset of Amounts Due. Either Party shall have the right to
offset any undisputed amounts due by it under this Agreement against any undisputed amounts due to it under this Agreement and pay the net amount due to the other Party. 

Section 10.3    Interest on Late Payments. In the event either Party fails to make timely
payment of any amount when due under this Agreement (including any disputed amount which is later found to have been correct when payment was first requested), interest shall accrue, from the date payment was due until the date payment is made, at
an annual rate equal to the lower of: (a) the prime rate as published in the “Money Rates” section of The Wall Street Journal, plus two percent (2%), or (b) the maximum rate of interest allowed under applicable
Laws. 
 ARTICLE XI 

AUDIT RIGHTS 

Section 11.1     Audit Rights. 

(a)    Each Party shall have the right, at its own expense, upon thirty (30) Days’ written notice and during
reasonable working hours to perform an audit of the other Party’s books and records (“Audit”). The Audit provides the Parties the right to obtain access to and copies of the relevant portion of the books and records which
includes, but is not limited to, financial information, reports, charts, calculations, measurement data, allocation support, third-party support, telephone recordings, and electronic communications of the other Party to the extent reasonably
necessary to verify performance under the terms and conditions of this Agreement including the accuracy of any statement, allocation, charge, payment calculation or determination made pursuant to the provisions contained herein for any Calendar Year
within the twenty-four (24) Month period next following the end of such Calendar Year. The Party subject to the Audit shall respond to all exceptions and claims of discrepancies within ninety (90) Days of receipt thereof. 

(b)    Either Party has the right to Audit any agents of the other Party or any third Person performing services related
to this Agreement. Either Party shall have the right to make and retain copies of the books and records to the extent necessary to support the audit work papers and claims resulting from the Audit. Additionally, the Parties reserve the right to
perform site inspections or carry out field visits of the assets and related measurement being audited. 

  
 Exhibit I – Page 28

 (c)    The accuracy of any statement, allocation, charge, payment
calculation, or determination made pursuant to the provisions of the Agreement shall be conclusively presumed to be correct after the twenty-four (24) Month period next following the end of the Calendar Year in which the statement, allocation,
charge, payment calculation, or determination was generated or prepared, if not challenged (claimed) in writing prior thereto. For the avoidance of doubt, all claims shall be deemed waived unless they are made in writing within the twenty-four
(24) Month period next following the end of the Calendar Year in which the statement, allocation, charge, payment calculation, or determination was generated or prepared. 

ARTICLE XII 

FORCE MAJEURE 

Section 12.1    Suspension of Obligations. In the event a Party is rendered unable,
wholly or in part, by Force Majeure to carry out its obligations under this Agreement, other than the obligation to indemnify, to make payments due hereunder, and/or to allocate Plant Products and Residue Gas based on the fixed recovery percentages
set forth in Section 2.5(a) and FL&U based on the fixed percentages set forth in Exhibit C, and such Party gives notice and reasonably full particulars of such Force Majeure in writing to the other Party promptly after the occurrence of the
cause relied on, then the obligations of the Party giving such notice, so far as and to the extent affected by such Force Majeure, shall be suspended during the continuance of any inability so caused, but for no longer period, and such cause shall
so far as possible be remedied with all reasonable dispatch by the Party claiming Force Majeure. A Force Majeure event affecting the performance of a Party shall not relieve it of liability in the event of its gross negligence, where such gross
negligence was the cause of, or a contributing factor in causing, the Force Majeure event, or in the event of its failure to use commercially reasonable efforts to remedy the situation and remove the cause with all reasonable dispatch. Additionally,
it is specifically understood that a Force Majeure shall in no way terminate each Party’s obligation to balance those volumes of Gas received and delivered hereunder. 

Section 12.2    Definition of Force Majeure. “Force Majeure” shall mean
any cause or causes not reasonably within the control of the Party claiming suspension and which, by the exercise of reasonable diligence, such Party is unable to prevent or overcome, including, without limitation, any of the following that meets
the foregoing criteria: acts of God, acts and/or delays in action of any Governmental Authority, strikes, lockouts, work stoppages or other industrial disturbances, acts of a public enemy, sabotage, wars, blockades, insurrections, riots, acts of
terror, epidemics, pandemics, public health crises, landslides, lightning, earthquakes, fires, storms, storm warnings, floods, washouts, extreme cold or freezing weather, arrests and restraints of governments and people, civil or criminal
disturbances, explosions, mechanical failures, breakage or accident to equipment installations, machinery, compressors, or lines of pipe and associated repairs, freezing of wells or lines of pipe, partial or entire failure of wells, pipes,
facilities, or equipment, electric power unavailability or shortages, failure of third party pipelines, gatherers, or processors to deliver, receive, or transport Gas, and, in those instances where a Party is required to secure permits from any
Governmental Authority to enable such Party to fulfill its obligations under this Agreement, the inability of such Party, at reasonable costs and after the exercise of all reasonable diligence, to acquire such permits. It is understood and agreed
that the settlement of 

  
 Exhibit I – Page 29

 
strikes or lockouts shall be entirely within the discretion of the Party having the difficulty and that the above requirement that a Force Majeure be remedied with all reasonable dispatch shall
not require the settlement of strikes or lockouts by acceding to the demands of Persons striking when such course is inadvisable in the sole discretion of the Party having the difficulty. 

ARTICLE XIII 

INDEMNIFICATION 

Section 13.1    Definitions. The following terms are defined as follows. 

 

	 	(a)	 “Processor Indemnified Parties” means Processor and its Affiliates, and its and their
respective shareholders, stockholders, members, partners, officers, directors, employees, contractors, subcontractors and agents. 

  

	 	(b)	 “Producer Indemnified Parties” means Producer and its Affiliates, and its and their respective
shareholders, stockholders, members, partners, officers, directors, employees, contractors, subcontractors and agents. 

Section 13.2    PRODUCER’S CONTROL AND LIABILITY. AS BETWEEN PRODUCER AND PROCESSOR
UNDER THIS AGREEMENT, PRODUCER SHALL BE DEEMED IN CONTROL AND POSSESSION OF: (I) PRODUCER’S GAS BEFORE SUCH GAS IS DELIVERED TO PROCESSOR AT THE DELIVERY POINT, (II) WHEN PRODUCER HAS ELECTED TO TAKE ITS RESIDUE GAS IN-KIND, PRODUCER’S RESIDUE GAS AFTER SUCH RESIDUE GAS IS REDELIVERED TO PRODUCER AT THE RESIDUE GAS REDELIVERY POINT, AND (III) WHEN PRODUCER HAS ELECTED TO TAKE ITS PLANT PRODUCTS IN-KIND, PRODUCER’S PLANT PRODUCTS AFTER SUCH PLANT PRODUCTS HAVE BEEN DELIVERED TO THE PLANT PRODUCTS REDELIVERY POINT. WHEN PRODUCER’S GAS, RESIDUE GAS, OR PLANT PRODUCTS ARE IN THE CONTROL AND
POSSESSION OF PRODUCER AS DESCRIBED ABOVE, PRODUCER SHALL BE RESPONSIBLE FOR AND SHALL INDEMNIFY, HOLD HARMLESS, DEFEND, AND RELEASE PROCESSOR INDEMNIFIED PARTIES FROM ANY ACTUAL LOSS OR DAMAGE OR ACTUAL INJURY CAUSED BY PRODUCER’S GAS, RESIDUE
GAS, OR PLANT PRODUCTS WHILE IN A PRODUCER INDEMNIFIED PARTY’S CONTROL AND POSSESSION EXCEPT TO THE EXTENT CAUSED BY THE BREACH OF THIS AGREEMENT BY PROCESSOR OR THE NEGLIGENCE, GROSS NEGLIGENCE, WILLFUL MISCONDUCT, OR OTHER FAULT OF ANY
OF THE PROCESSOR INDEMNIFIED PARTIES OR EXCEPT TO THE EXTENT COVERED BY SECTION 13.4. PRODUCER’S INDEMNIFICATION, HOLD HARMLESS, DEFENSE, AND RELEASE OBLIGATIONS UNDER THIS SECTION 13.2 SHALL BE SUBJECT TO THE LIMITATION OF
DAMAGES AND THE WAIVER OF REMEDIES IN ARTICLE XIX. 

Section 13.3    PROCESSOR’S CONTROL AND LIABILITY. AS BETWEEN PRODUCER AND PROCESSOR
UNDER THIS AGREEMENT, PROCESSOR SHALL BE DEEMED IN CONTROL AND POSSESSION OF: (I) PRODUCER’S GAS AFTER SUCH GAS IS DELIVERED TO PROCESSOR AT THE DELIVERY POINT, (II) PRODUCER’S RESIDUE GAS UNLESS AND UNTIL SUCH RESIDUE GAS HAS
BEEN REDELIVERED TO 

  
 Exhibit I – Page 30

 
PRODUCER AT THE RESIDUE GAS REDELIVERY POINT, AND (III) PRODUCER’S PLANT PRODUCTS UNLESS AND UNTIL SUCH PLANT PRODUCTS HAVE BEEN REDELIVERED TO PRODUCER AT THE PLANT PRODUCTS REDELIVERY
POINT. WHEN PRODUCER’S GAS, RESIDUE GAS, OR PLANT PRODUCTS ARE IN THE CONTROL AND POSSESSION OF PROCESSOR AS DESCRIBED HEREIN, PROCESSOR SHALL BE RESPONSIBLE FOR AND SHALL INDEMNIFY, HOLD HARMLESS, DEFEND, AND RELEASE PRODUCER INDEMNIFIED
PARTIES FROM ANY ACTUAL LOSS OR DAMAGE OR ACTUAL INJURY CAUSED BY PRODUCER’S GAS, RESIDUE GAS, OR PLANT PRODUCTS WHILE IN A PROCESSOR INDEMNIFIED PARTY’S CONTROL AND POSSESSION, EXCEPT TO THE EXTENT CAUSED BY THE BREACH OF THIS
AGREEMENT BY PRODUCER OR THE NEGLIGENCE, GROSS NEGLIGENCE, WILLFUL MISCONDUCT, OR OTHER FAULT OF ANY OF THE PRODUCER INDEMNIFIED PARTIES OR EXCEPT TO THE EXTENT COVERED BY SECTION 13.4. PROCESSOR’S INDEMNIFICATION, HOLD HARMLESS,
DEFENSE, AND RELEASE OBLIGATIONS UNDER THIS SECTION 13.3 SHALL BE SUBJECT TO THE LIMITATION OF DAMAGES AND THE WAIVER OF REMEDIES IN ARTICLE XIX. 

Section 13.4    Personal Injury Claims of Producer Indemnified Parties and Processor
Indemnified Parties. PRODUCER SHALL BE RESPONSIBLE FOR, AND SHALL INDEMNIFY, HOLD HARMLESS, DEFEND, AND RELEASE PROCESSOR INDEMNIFIED PARTIES FROM ANY AND ALL CLAIMS OR LOSSES FOR OR RESULTING FROM ANY BODILY INJURY, DEATH, OR ILLNESS SUFFERED
BY ANY OF THE PRODUCER INDEMNIFIED PARTIES ARISING OUT OF OR RELATING TO THE PARTIES’ ACTIVITIES UNDER THIS AGREEMENT, EXCEPT TO THE EXTENT SUCH INJURY IS CAUSED BY THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF ANY SUCH PROCESSOR
INDEMNIFIED PARTIES. PROCESSOR SHALL BE RESPONSIBLE FOR, AND SHALL INDEMNIFY, HOLD HARMLESS, DEFEND, AND RELEASE PRODUCER INDEMNIFIED PARTIES FROM ANY AND ALL CLAIMS OR LOSSES FOR OR RESULTING FROM ANY BODILY INJURY, DEATH, OR ILLNESS SUFFERED BY
ANY OF THE PROCESSOR INDEMNIFIED PARTIES ARISING OUT OF OR RELATING TO THE PARTIES’ ACTIVITIES UNDER THIS AGREEMENT, EXCEPT TO THE EXTENT SUCH INJURY IS CAUSED BY THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF ANY SUCH PRODUCER
INDEMNIFIED PARTIES. 
 Section 13.5    Insurance. In support of the liability and
indemnity obligations assumed by the Parties in this Agreement, each Party agrees to obtain and maintain, at its own expense, insurance coverages in the types and amounts which are comparable with its peers and that is generally carried by companies
performing the same or similar activities as the Parties in this Agreement. In addition, each Party shall comply with all statutory insurance requirements determined by governmental laws and regulations, as applicable. To the extent of the
Parties’ indemnity obligations or liabilities assumed under this Agreement, (i) each Party’s insurance coverage shall be primary to and shall receive no contribution from any insurance maintained by the Indemnified Parties, and
(ii) any insurance of each Party shall waive rights of subrogation against the Indemnified Parties and include the Indemnified Parties as additional insured under any applicable coverages. Failure to obtain adequate insurance coverage shall in
no way relieve or limit any indemnity or liability of either Party under this Agreement. 

  
 Exhibit I – Page 31

 ARTICLE XIV 

TITLE 

Section 14.1    Producer’s Warranty. Producer warrants that it owns, or has the
right to deliver, Producer’s Gas to the Delivery Points for the purposes of this Agreement, free and clear of all liens, encumbrances, and adverse claims. If the title to Producer’s Gas delivered hereunder is disputed or is involved in any
legal action in any material respect, Processor shall have the right to withhold payment (without interest), or cease receiving such Gas, to the extent of the interest disputed or involved in legal action, during the pendency of the action or until
title is freed from the dispute or until Producer furnishes, or causes to be furnished, indemnification to save Processor harmless from all Claims or Losses arising out of the dispute or action, with surety reasonably acceptable to Processor.
Subject to Sections 19.9 and 19.10, Producer agrees to indemnify the Processor Indemnified Parties from and against all Claims or Losses suffered by the Processor Indemnified Parties, to the extent such Claims or Losses arise out of a breach
of the foregoing warranty. 
 Section 14.2    Processor’s Warranty. Processor
warrants that it has the right to accept Gas at the Delivery Points and to deliver the Residue Gas to the Residue Gas Redelivery Points and the Plant Products to the Plant Products Redelivery Points free and clear of all liens, encumbrances, and
adverse claims. If the Processor’s Facilities are involved in any legal action in any material respect, Producer shall have the right to withhold payment (without interest), or cease delivering Gas, to the extent of the interest disputed or
involved in legal action, during the pendency of the action or until Processor furnishes, or causes to be furnished, indemnification to save Producer harmless from all Claims or Losses arising out of the dispute or action, with surety reasonably
acceptable to Producer. Subject to Sections 19.9 and 19.10, Processor agrees to indemnify the Producer Indemnified Parties from and against all Claims or Losses suffered by the Producer Indemnified Parties, to the extent such Claims or Losses
arise out of a breach of the foregoing warranty. 
 Section 14.3    Title. Title to all
Residue Gas and/or Plant Products that Producer takes in-kind in accordance with Section 2.5 shall remain with Producer. Except to the extent that Producer takes any Residue Gas and/or Plant Products in-kind in accordance with Section 2.5, title to Producer’s Gas (including Residue Gas, Plant Products, and Inert Constituents contained in Producer’s Gas) delivered to Processor
under this Agreement shall pass to Processor at the tailgate of the Processor’s Facilities, and Producer conveys Producer’s Gas (and the Residue Gas, Plant Products, and Inert Constituents in the Producer’s Gas) to Processor, free and
clear of any claims, liens or encumbrances of any nature. 
 ARTICLE XV 

ROYALTY AND TAXES 

Section 15.1    Proceeds of Production. Producer shall have the sole and exclusive
obligation and liability for the payment of all Persons due any proceeds derived by Producer from Producer’s Gas (including all constituents and products thereof) delivered under this Agreement, including, without limitation, royalties,
overriding royalties, and similar interests, in accordance with the provisions of the leases or agreements creating those rights to such proceeds. 

  
 Exhibit I – Page 32

 Section 15.2    Producer’s Taxes.
Producer shall pay and be responsible for all gross production and severance Taxes levied against or with respect to Producer’s Gas delivered under this Agreement, all ad valorem Taxes levied against the property of Producer, all income, excess
profits, and other Taxes measured by the income or capital of Producer, and all payroll Taxes related to employees of Producer. 

Section 15.3    Processor’s Taxes. Processor shall pay and be responsible for all
Taxes levied with respect to the providing of Services under this Agreement, all ad valorem Taxes levied against the property of Processor, all income, excess profits, and other Taxes measured by the income or capital of Processor, and all payroll
Taxes related to employees of Processor. 
 Section 15.4    Severance Tax
Reimbursement. Producer and Processor agree that the price paid by Processor for Residue Gas and associated Plant Products purchased hereunder is inclusive of all severance tax reimbursements which are levied on the production of such Residue
Gas and Plant Products and which are measured by the quantity of Residue Gas and Plant Products or by the revenues received by Producer for the sale of such Residue Gas and Plant Products. 

ARTICLE XVI 
 NOTICE
AND PAYMENT INSTRUCTIONS 
 Except as specifically provided elsewhere in this Agreement, any notice or other communication provided
for in this Agreement shall be in writing and shall be given (i) by depositing in the United States mail, postage paid and certified with return receipt requested, (ii) by depositing with a reputable overnight courier, (iii) by
delivering to the recipient in person by courier, or (iv) by facsimile or email transmission, in each of the foregoing cases addressed to the applicable Party as set forth below, and payments required under this Agreement shall be made to the
applicable Party according to the payment instructions set forth below. A Party may at any time designate a different address or payment instructions by giving written notice to the other Party. Notices, invoices, allocation statements, claims, or
other communications shall be deemed received when delivered to the addressee in person, or by courier, or transmitted by facsimile transmission or email during normal business hours, or upon actual receipt by the addressee after such notice has
either been delivered to an overnight courier or deposited in the United States mail, as the case may be. 
 NOTICES: 

 

							
		 	 Producer
	  		 	 Processor

		 	                                     
               	  		 	 Altus Midstream Processing LP

		 	                                     
               	  		 	
                   
                                 

		 	                                     
               	  		 	
                   
                                 

		 	                                     
               	  		 	
                   
                                 

		 	                                   
                 	  		 	
                   
                                 

		 	                                     
               	  		 	
                   
                                 

				
		 	PAYMENT INSTRUCTIONS:	  		 	

  
 Exhibit I – Page 33

							
		 	 Producer
	  		 	 Processor

		 	 Bank:
                                        

	  		 	                                      
              
		 	 ABA:
                                        

	  		 	                                      
              
		 	
                   
                         
	  		 	                                      
              
		 	Acct:
                                         
 	  		 	                                    
                

 ARTICLE XVII 

DISPUTE RESOLUTION 

Section 17.1    Negotiation. Prior to submitting any dispute for resolution by a court, a
Party shall provide written notice of such dispute to the other Party. If the Parties fail to resolve the dispute within fifteen (15) Business Days after such notice is given, the Parties shall seek to resolve the dispute by negotiation between
senior management personnel of each Party. Such personnel shall endeavor to meet and attempt to amicably resolve the dispute. If the Parties are unable to resolve the dispute for any reason within thirty (30) Business Days after the original
notice of dispute was given, then either Party shall be entitled to pursue any available remedies; provided, however, this Section 17.1 shall not limit a Party’s right to initiate litigation prior to the
expiration of the time periods set forth in this Section 17.1 if application of such limitations would prevent a Party from filing a Claim within the applicable period for filing lawsuits (e.g. statutes of
limitation, prescription, etc.) or would otherwise prejudice or harm a Party. 

Section 17.2    Jurisdiction and Venue. 

(a)    Each Party agrees that the appropriate, exclusive and convenient forum for any disputes between the Parties arising
out of this Agreement or the transactions contemplated hereby shall be in any state or federal court in Tarrant County, Texas, and each of the Parties irrevocably submits to the jurisdiction of such courts solely in respect of any legal proceeding
arising out of or related to this Agreement or the transactions contemplated hereby. The Parties further agree that the Parties shall not bring suit with respect to any disputes arising out of this Agreement or the transactions contemplated hereby
in any court or jurisdiction other than the above specified courts. 
 (b)    Each Party hereby irrevocably and
unconditionally waives, to the fullest extent it may legally and effectively do so, any objection (including, without limitation, the defense of inconvenient forum) which it may now or hereafter have to the laying of venue of any suit, action or
proceeding arising out of or relating to this Agreement or the transactions contemplated hereby in any court referred to in paragraph (a) above. 

ARTICLE XVIII 

TERM 

Section 18.1    Primary Term; Producer’s Right to Extension. This Agreement is
effective as of the Effective Date and shall continue in full force and effect until March 31, 2032 (the “Primary Term”); provided that Producer shall have two (2) successive options to extend the Primary Term by five
(5) Years each. Each five (5)-Year Primary Term extension shall occur automatically unless Producer gives Processor at least nine (9) Months’ prior written notice that it 

  
 Exhibit I – Page 34

 
does not wish to extend the Primary Term. Unless terminated at the end of the Primary Term by either Party giving at least six (6) Months’ prior written notice, this Agreement shall
continue after the Primary Term on a Year-to-Year basis unless terminated at the end of any Yearly extension period by either Party giving at least six
(6) Months’ prior written notice. For purposes of this Agreement, the period during which this Agreement continues in full force and effect prior to any termination pursuant to this Agreement is referred to herein as the
“Term”. 
 Section 18.2    Termination of Gathering Agreement.
Notwithstanding anything to the contrary in this Article XVIII, Producer shall have the right to terminate this Agreement upon the termination or expiration of the Gas Gathering Agreement. 

ARTICLE XIX 

MISCELLANEOUS 

Section 19.1    Confidentiality. Producer’s
2-Year Forecast delivered to Processor pursuant to Section 2.1(c) and all other information received by Processor pursuant to the terms of this Agreement which involves or in any way
relates to Producer’s production estimates, development plans, and/or other similar information, and information related to Producer’s actual production at any individual Receipt Point, including, without limitation, information relating
to production rates, volumes, composition, heating value, or other similar or dissimilar information, shall be kept strictly confidential by Processor, and Processor shall not disclose any such information to any third Person or use any such
information for any purpose other than performing under this Agreement, provided, however, Processor may disclose such information to those of its legal counsel, accountants, and other representatives with a specific need to know such
information for purposes of Processor’s performance under this Agreement or enforcement of this Agreement or as required by applicable Law, provided such third Persons have likewise agreed in writing to the confidentiality and non-use restrictions set forth herein. In the event Processor is required by Law to disclose any such information, Processor shall first notify Producer in writing as soon as practicable of any proceeding of which
it is aware that may result in disclosure and shall use all reasonable efforts to prevent or limit such disclosure. Producer’s confidential information shall not include information that Processor can satisfactorily demonstrate was:
(a) rightfully in the possession of Processor prior to Producer’s disclosure hereunder, (b) in the public domain prior to Producer’s disclosure hereunder, (c) made public by any Governmental Authority; (d) supplied to
Processor without restriction by a third party who is under no obligation to Producer to maintain such confidential information in confidence; or (e) independently developed by Processor. The confidentiality requirements and non-use restrictions set forth herein shall survive termination or expiration of this Agreement for two (2) Years after such termination or expiration. Notwithstanding anything else in this Agreement, the
Parties agree that there is not an adequate remedy at law for any breach of these confidentiality and non-use restrictions and, therefore, Producer shall be entitled (without the posting of any bond) to
specific performance and injunctive relief restraining any breach hereof, in addition to any other rights and remedies which it may have or be entitled. 

Section 19.2    Independent Contractor. Notwithstanding anything else in this Agreement,
Processor undertakes its obligations under this Agreement as an independent contractor, at its sole risk, and all Persons carrying out any of Processor’s obligations set forth herein for or on behalf

  
 Exhibit I – Page 35

 
of Processor are or shall be deemed employees, contractors, subcontractors, agents, and/or representatives of Processor, subject to the direction and control of Processor. Processor is to
determine the manner, means, and methods in which such Persons shall carry out their work to attain the results contemplated by this Agreement, consistent with the general coordinative efforts and suggestions of Producer with respect to the work.
Nothing in this Agreement or inferred from any action of either Party shall be taken to establish the relationship of master and servant or principal and agent between Producer and Processor. 

Section 19.3    Rights; Waivers. The failure of either Party to exercise any right
granted hereunder shall not impair nor be deemed a waiver of that Party’s privilege of exercising that right at any subsequent time or times. No waiver by either Party of any of the provisions of this Agreement shall be deemed or shall
constitute a waiver of any other provision hereof (whether or not similar), nor shall such waiver constitute a continuing waiver unless expressly provided. 

Section 19.4    Applicable Laws. This Agreement is subject to all valid present and
future Laws of any Governmental Authority(ies) now or hereafter having jurisdiction over the Parties, this Agreement, or the Services performed or the facilities utilized under this Agreement. 

Section 19.5    Governing Law. This Agreement shall be governed by, construed, and enforced in accordance with
the Laws of the State of Texas, without regard to any choice of law principles that would require the application of the Laws of any other jurisdiction, PROVIDED, HOWEVER, THAT NO LAW, THEORY, OR PUBLIC POLICY SHALL BE GIVEN EFFECT
WHICH WOULD UNDERMINE, DIMINISH, OR REDUCE THE EFFECTIVENESS OF EACH PARTY’S WAIVER OF SPECIAL, INDIRECT, CONSEQUENTIAL, PUNITIVE, AND EXEMPLARY DAMAGES SET FORTH IN SECTION 19.9 OR WAIVER OF THE RIGHT TO CERTAIN REMEDIES SET FORTH IN
SECTION 19.10, IT BEING THE EXPRESS INTENT, UNDERSTANDING, AND AGREEMENT OF THE PARTIES THAT SUCH WAIVERS ARE TO BE GIVEN THE FULLEST EFFECT, NOTWITHSTANDING ANY PRE-EXISTING CONDITION OR THE NEGLIGENCE
(WHETHER SOLE, JOINT, OR CONCURRENT), GROSS NEGLIGENCE, WILLFUL MISCONDUCT, STRICT LIABILITY, OR OTHER LEGAL FAULT OF ANY PARTY HERETO, OR OTHERWISE. 

Section 19.6    Assignments. This Agreement, including any and all renewals, extensions,
and amendments hereto, and all rights, title, and interests contained herein, shall be binding upon and inure to the benefit of the Parties hereto and their respective heirs, successors, and assigns, the assigns of all or any part of
Processor’s right, title, or interest in the Processor’s Facilities, and the assigns of all or any part of Producer’s Interests in the Dedicated Area, and each Party’s respective obligations hereunder shall be covenants running
with the lands underlying or included in any such assets. Neither Party shall Transfer any of its rights or obligations under this Agreement without the prior written consent of the other Party, which consent shall not be unreasonably withheld,
delayed, or conditioned; provided, however, that either Party may Transfer any of its rights or obligations under this Agreement to any Affiliate of such Party without the prior written consent of the other Party and that, in connection with
a Transfer of all or any portion of the Dedicated Area, Producer shall Transfer its corresponding rights and obligations under this Agreement without the need for the prior written consent of Processor; provided that in the event of a partial
assignment by Producer, the aggregate volume of Producer’s and its transferee’s New Well Gas that receives the reduced [$0.345] Cryogenic Processing Fee shall not exceed [list incentive volume that Producer has]. Any Transfer of this
Agreement shall expressly 

  
 Exhibit I – Page 36

 
require that the assignee assume and agree to discharge the duties and obligations of its assignor under this Agreement, and the assignor shall be released from the duties and obligations arising
under this Agreement which accrue after the effective date of such Transfer. Processor shall not Transfer its rights and interests in the Processor’s Facilities, in whole or in part, unless the transferee of such interests agrees in writing to
be bound by the terms and conditions of this Agreement. No Transfer of this Agreement or of any interest of either Party shall be binding on the other Party until such other Party has been notified in writing of such Transfer and furnished with
reasonable evidence of same. No such Transfer of this Agreement or of any interests of either Party shall operate in any way to enlarge, alter, or modify any obligation of the other Party hereto. Any Person that succeeds by purchase, merger, or
consolidation with a Party hereto shall be subject to the duties and obligations of its predecessor in interests under this Agreement. 

Section 19.7    Entire Agreement. This Agreement constitutes the entire agreement of the
Parties and supersedes all prior understandings, agreements, representations, and/or warranties by or among the Parties, written or oral, with respect to the subject matter hereof. No other representations, warranties, understandings, or agreements
shall have any effect on this Agreement. 
 Section 19.8    Amendments. This Agreement
may not be amended or modified in any manner except by a written document signed by both Parties that expressly amends this Agreement. 

Section 19.9    LIMITATION OF LIABILITY. NOTWITHSTANDING ANYTHING IN THIS AGREEMENT TO THE CONTRARY,
NEITHER PARTY SHALL BE LIABLE TO THE OTHER PARTY FOR SPECIAL, INDIRECT, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES (COLLECTIVELY, “CONSEQUENTIAL DAMAGES”) RESULTING FROM OR ARISING OUT OF THIS AGREEMENT OR THE BREACH THEREOF OR UNDER
ANY OTHER THEORY OF LIABILITY, WHETHER NEGLIGENCE, STRICT LIABILITY, BREACH OF CONTRACT OR WARRANTY, OR OTHERWISE. IN FURTHERANCE OF THE FOREGOING, EACH PARTY RELEASES THE OTHER PARTY AND WAIVES ANY RIGHT OF RECOVERY FOR CONSEQUENTIAL DAMAGES
SUFFERED BY SUCH PARTY, REGARDLESS OF WHETHER ANY SUCH DAMAGES ARE CAUSED BY THE OTHER PARTY’S NEGLIGENCE (AND REGARDLESS OF WHETHER SUCH NEGLIGENCE IS SOLE, JOINT, CONCURRENT, ACTIVE, PASSIVE, OR GROSS), FAULT, OR LIABILITY WITHOUT FAULT.
PROCESSOR UNDERSTANDS THAT PRODUCER IS RELYING ON PROCESSOR’S PERFORMANCE UNDER THIS AGREEMENT TO ENABLE PRODUCER TO MEET ITS OBLIGATIONS UNDER DOWNSTREAM CONTRACTS, AND PROCESSOR EXPRESSLY AGREES THAT ANY DAMAGES SUFFERED BY PRODUCER UNDER ANY
SUCH DOWNSTREAM CONTRACT AS A RESULT OF PROCESSOR’S UNEXCUSED FAILURE TO PERFORM UNDER THIS AGREEMENT SHALL BE CONSIDERED DIRECT DAMAGES. 

Section 19.10    RIGHTS AND REMEDIES. NOTWITHSTANDING ANYTHING ELSE IN THIS AGREEMENT THAT MAY BE CONSTRUED
TO THE CONTRARY, A PARTY’S SOLE REMEDY AGAINST THE OTHER PARTY FOR NON-PERFORMANCE OR BREACH OF THIS AGREEMENT OR ANY OTHER CLAIM OF 

  
 Exhibit I – Page 37

 
WHATSOEVER NATURE ARISING OUT OF THIS AGREEMENT OR OUT OF ANY ACTION OR INACTION BY A PARTY IN RELATION HERETO SHALL BE IN CONTRACT AND EACH PARTY EXPRESSLY WAIVES ANY OTHER REMEDY IT MAY HAVE IN
LAW OR EQUITY, INCLUDING, WITHOUT LIMITATION, ANY REMEDY IN TORT. 

Section 19.11    Replacement Indices. In the event a published index or rate required
hereunder is not available, the Parties shall promptly agree upon an alternative index or rate to be utilized, upon either Party giving written notice to the other that an alternative index or rate is needed. Such alternative index or rate shall be
effective retroactively to the date on which the original index or rate ceased to be available. If the Parties have not agreed on an alternative index or rate by the end of the fifth (5th) Business Day after notice was given, then each Party shall,
by the end of the fifteenth (15th) Business Day after the notice was given, prepare a list of three alternative published and industry recognized indices or rates to replace the index or rate that has become unavailable. The first common item that
appears on each of the lists shall be the alternative index or rate. If there is more than one common item on both lists, the one appearing first on both lists, giving priority to the list first submitted by one Party to the other, shall be the
alternative index or rate. If no common item appears on the lists, each Party may strike in turn, one item from the other Party’s list until only one item remains on each list. The alternative index or rate will then be determined from the two
remaining items by coin flip. If either Party fails to deliver a list, the first item appearing on the submitting Party’s list will govern and prevail to determine the alternative index or rate. 

Section 19.12    No Partnership. Nothing contained in this Agreement shall be construed
to create an association, trust, partnership, or joint venture or impose a trust, fiduciary, or partnership duty, obligation, or liability on or with regard to either Party. 

Section 19.13    Rules of Construction. In construing this Agreement, the following
principles shall be followed: 
 (a)    no consideration shall be given to the fact or presumption that one Party had a
greater or lesser hand in drafting this Agreement; 
 (b)    the headings and captions in this Agreement have been
inserted for convenience of reference only and shall not define or limit any of the terms and/or conditions hereof; 

(c)    examples shall not be construed to limit, expressly or by implication, the matter they illustrate; 

(d)    the word “includes” and its syntactical variants mean “includes, but is not limited to” and
corresponding syntactical variant expressions; and 
 (e)    the plural shall be deemed to include the singular and vice
versa, as applicable. 
 Section 19.14    No Third Party Beneficiaries. Except for
Persons expressly indemnified hereunder, this Agreement is for the sole benefit of the Parties and their respective successors and permitted assigns, and shall not inure to the benefit of any other Person, it being the intention of the Parties that
no third Person shall be deemed a third-party beneficiary of this Agreement. 

  
 Exhibit I – Page 38

 Section 19.15    Further Assurances.
Each Party shall take such acts and execute and deliver such documents as may be reasonably required to effectuate the purposes of this Agreement. 

Section 19.16    No Inducements. No director, employee, or agent of any Party shall give
or receive any commission, fee, rebate, gift, or entertainment of significant cost or value in connection with this Agreement. 

Section 19.17    Counterpart Execution. This Agreement may be executed in any number of
counterparts, each of which shall be considered an original, and all of which shall be considered one and the same instrument. 

Section 19.18    Survival. The terms of this Agreement which by their nature should
reasonably be expected to survive termination or expiration of this Agreement shall survive, including, without limitation, Article XI (Audit Rights), Article XIII (Indemnification), Article XVII (Dispute Resolution),
Section 19.1 (Confidentiality), Section 19.5 (Governing Law), Section 19.9 (Limitation of Liability), Section 19.10 (Rights and Remedies), this
Section 19.18 (Survival), and the obligations of either Party under any provision of this Agreement to make payment hereunder. 

Section 19.19    Financial Assurance. If either Party has reasonable grounds for
insecurity regarding the performance of any payment obligation under this Agreement (whether or not then due) by the other Party or that other Party’s guarantor, if any, including, without limitation, the occurrence of a material adverse change
in the creditworthiness of the other Party, a Party may demand Adequate Assurance of Performance. A demand by a Party seeking Adequate Assurance of Performance shall be in writing and shall include an explanation in reasonable detail of the
calculation of the Adequate Assurance of Performance demand. “Adequate Assurance of Performance” shall mean sufficient security in the form, amount, and for a term, and from an issuer, all reasonably acceptable to the Party
seeking assurance, including, but not limited to, a standby irrevocable letter of credit, a prepayment, a security interest in an asset, or a guaranty. If either Party does not give Adequate Assurance of Performance in accordance with the terms
of this Agreement within - ten (10) Business Days of a written request by the other Party, the Party making a reasonable request for Adequate Assurance of Performance has the right to immediately suspend deliveries or receipts, as applicable,
under this Agreement with immediate effect until such time sufficient security is provided. 

Section 19.20    Changes in Laws. If following the Effective Date there is a change in
any Law or legal requirement affecting the Services provided by Processor which, in the reasonable judgment of Processor, materially adversely affects the economics for Processor of the Services provided under this Agreement, then, upon notice by
Processor to Producer, the Parties will as promptly as practicable meet to negotiate in good faith such changes to the terms of this Agreement as may be necessary or appropriate to preserve and continue for the Parties the rights and benefits
originally contemplated for the Parties by this Agreement, with such amendment to this Agreement to be effective no later than the effective date of such new or amended applicable Law. If the Parties cannot agree on replacement terms, then either
party may terminate this Agreement by giving the other party written notice of termination. Such termination will be effective no earlier than sixty (60) Days after the date of the notice. 

  
 Exhibit I – Page 39

 Section 19.21    Exhibits. The
following exhibits are attached to this Agreement and are incorporated herein by this reference: 
  

							
	 Exhibit A
	  	 	-	 	  	 Dedicated Area

	 Exhibit B
	  	 	-	 	  	 Delivery Points and Redelivery Points

	 Exhibit C
	  	 	-	 	  	 Fees

	 Exhibit D
	  	 	-	 	  	 Gas Quality Specifications

	 Exhibit E
	  	 	-	 	  	 Take In-Kind Terms

	 Exhibit F
	  	 	-	 	  	 Allocation Methodologies

	 Exhibit G
	  	 	-	 	  	 Form of Memorandum of Agreement

	 Exhibit H
	  	 	-	 	  	 Form of Memorandum of Release

 IN WITNESS WHEREOF, the Parties have executed this Agreement to be effective as of the Effective Date. 

 

									
	[                    ]	 		 	ALTUS MIDSTREAM PROCESSING LP
		 		 		 	By: Altus Midstream Subsidiary GP LLC, its general partner
					
	 By:
	 	
                     
                    
	 		 	 By:
	 	
                     
                    

	Name:	 	  
	 		 	Name:	 	  

	Title:	 	  
	 		 	Title:	 	  

  
 Exhibit I – Page 40

 EXHIBIT A 

to 
 Gas Processing Agreement dated
[                    ] between 

Altus Midstream Processing LP (“Processor”) and 

[                    ]
(“Producer”) 
 DEDICATED AREA 

“Dedicated Area” shall mean the following lands as further described in the map (the area within the red border) and table below, as the same
may be updated annually pursuant to Section 2.1(b). In the event of a conflict between the map and the table, the map shall control. 

[Insert map with boundaries around each block containing any property assigned to 

transferee producer] 
 [Insert description of property assigned
to transferee producer] 
  

																	
	 Section
	  	Block	 	  	Survey	 	  	County	 	  	WI%	 
		  				  				  				  			

  
 Exhibit I – Page 41

 EXHIBIT B 

to 
 Gas Processing Agreement dated
[                    ] between 
 Altus
Midstream Processing LP (“Processor”) and 

[                    ]
(“Producer”) 
 Processor shall update Exhibit B on January 1, April 1, July 1, and October 1 of each Year to include
any additional points that have been placed into service 
 DELIVERY POINTS AND REDELIVERY POINTS 

LOW PRESSURE DELIVERY POINTS 
  

													
	 Delivery Point Name
	  	Location	 	  	MAOP	 	  	Required Pressure	 
		  				  				  			

 HIGH PRESSURE RECEIPT POINTS 

 

									
	 Receipt Point Name
	  	Meter Number	 	  	MAOP	 
		  				  			

 HIGH PRESSURE DELIVERY POINTS 

 

													
	 Delivery Point

Name              

	  	Meter Number	 	  	Minimum
Pressure	 	  	MAOP	 
		  				  				  			

 HIGH PRESSURE GAS LIFT REDELIVERY POINTS 

 

													
	 Redelivery Point

Name                
  
	  	Meter Number	 	  	Minimum
Pressure	 	  	MAOP	 
		  				  				  			

 RESIDUE GAS REDELIVERY POINTS 

 

					
	 Redelivery Point Name
	  	Meter Number	 
		  			

 PLANT PRODUCTS REDELIVERY POINTS 

 

					
	 Redelivery Point Name
	  	Meter Number	 
		  			

  
 Exhibit I – Page 42

 EXHIBIT C 

to 
 Gas Processing Agreement dated
[                    ] between 
 Altus
Midstream Processing LP (“Processor”) and 

[                    ]
(“Producer”) 
 FEES 

Fees: 
 1. Central Conditioning
Fee: [$0.2758] per Mcf. 
 2. Cryogenic Processing Fee: [$0.6894] per Mcf; provided that the Cryogenic Processing Fee shall be
(a) [$0.345] per Mcf for the portion of the Plant Inlet Volume that is produced from New Wells up to a cumulative quantity not to exceed a monthly average of [220,000] Mcf per day and (b) [$0.525] per Mcf for the portion of the Plant Inlet
Volume that is produced from New Wells in excess of a monthly average of [220,000] Mcf per day. 
 3. Gas Lift Fee: [$0.2761] per Mcf

 4. Treating Fee: [$0.009] per Mcf per ppm of hydrogen sulfide and [$0.028] per Mcf per percent carbon dioxide 

[Insert then effective fees under Altus Midstream/Apache anchor shipper form. Insert applicable portion of the 220,000 threshold that Apache
assigns pursuant to Section 19.6.] 

  
 Exhibit I – Page 43

 EXHIBIT D-1 

to 
 Gas Processing Agreement dated
[                    ] between 
 Altus
Midstream Processing LP (“Processor”) and 

[                    ]
(“Producer”) 
 GAS QUALITY SPECIFICATIONS 

(Producer’s Processable Gas) 
  

	1.	 The Gas shall be free of objectionable liquids and solids and other impurities, including, but not limited to,
methanol, and shall be commercially free from dust, gum, gum-forming constituents, free water, and other liquids and solids. 

 

	2.	 The Gas shall have zero (0) parts per million of oxygen. 

 

	3.	 The Gas shall not contain more than ten (10) parts per million by volume of hydrogen sulfide.

  

	4.	 The Gas shall not have a carbon dioxide content in excess of two (2) percent by volume.

  

	5.	 The Gas shall not have nitrogen content in excess of two (2) percent by volume. 

 

	6.	 The Gas shall be received at a temperature not in excess of one hundred twenty (120) degrees Fahrenheit
and not less than thirty-five (35) degrees Fahrenheit. 

 Sour Gas Receipt Points, Baseline Conditions

  

									
	 Meter

Number
	  	 Receipt Point Name
	  	 Daily

Volume,
 Mcf/d
	  	 Carbon Dioxide
Concentration,

% by Volume
	  	 Hydrogen Sulfide
Concentration,

parts per million

		  		  		  		  	

  
 Exhibit I – Page 44

 EXHIBIT D-2 

to 
 Gas Processing Agreement dated
[                    ] between 
 Altus
Midstream Processing LP (“Processor”) and 

[                    ]
(“Producer”) 
 GAS QUALITY SPECIFICATIONS 

(Producer’s Non-Processable Gas) 

 

	1.	 The Gas shall be free of objectionable liquids and solids and other impurities, including, but not limited to,
methanol, and shall be commercially free from dust, gum, gum-forming constituents, free water, and other liquids and solids. 

 

	2.	 The Gas shall have zero (0) parts per million of oxygen. 

 

	3.	 The Gas shall not contain more than fifty (50) parts per million by volume of hydrogen sulfide.

  

	4.	 The Gas shall not have a carbon dioxide content in excess of four (4) percent by volume.

  

	5.	 The Gas shall not have nitrogen content in excess of two (2) percent by volume. 

 

	6.	 The Gas shall be received at a temperature not in excess of one hundred twenty (120) degrees Fahrenheit
and not less than thirty-five (35) degrees Fahrenheit. 

 Sour Gas Receipt Points, Baseline Conditions

  

									
	 Meter

Number
	  	 Receipt Point Name
	  	 Daily

Volume,
 Mcf/d
	  	 Carbon

Dioxide

Concentration,
 % by
Volume
	  	 Hydrogen

Sulfide

Concentration,
 parts
per
 million

		  		  		  		  	

  
 Exhibit I – Page 45

 EXHIBIT E 

to 
 Gas Processing Agreement dated
[                    ] between 
 Altus
Midstream Processing LP (“Processor”) and 

[                    ]
(“Producer”) 
 TAKE IN-KIND TERMS 

For any Calendar Year during which Producer elects under Section 2.5 of the Agreement to take its Residue Gas and/or Plant Products in-kind, the following terms shall apply: 
 I. Nominations. Processor and Producer agree that scheduling and
commencement of service shall be consistent with the downstream receiving pipeline or transporter nomination requirements. Whenever Producer’s Residue Gas is to be scheduled or nominated hereunder, each Party shall provide to the other Party
all information required for such nominations and confirmations with upstream and downstream pipelines or transporters. Producer shall provide Processor with Plant Product nominations on or before the
15th Day of the Month prior to delivery. 
 (a)    Delivery Point
Nominations. Producer shall not be required to provide Processor with nominations of the Producer’s Gas at the Delivery Point(s), however, Producer shall provide volume forecast information pursuant to Section 2.1(c)
of the Agreement, for Processor’s general capacity planning purposes by Delivery Point. 
 (b)    Operational
Information. Processor shall use reasonable efforts to provide daily information related to Delivery Point volume, Plant Product composition, and historical volume information in order to assist with Producer’s nominations below. Processor
shall use reasonable efforts to make nomination changes as necessary, based on the information provided by Producer, at the Redelivery Points to minimize imbalances. Producer and Processor will each make good faith efforts to coordinate nominations
to match physical flow in order to minimize any daily and monthly imbalances. 
 (c)    Redelivery Point Nominations.

 i.    Producer shall make all necessary arrangements with pipelines or other third parties downstream of the Residue
Gas Redelivery Points in order to help manage Processor’s delivery of Producer’s Residue Gas. Those arrangements must be coordinated with Processor, and Processor shall coordinate such arrangements with Producer and such downstream
pipelines or other third parties. 
 ii.    Residue Gas. No later than 12:00 PM on the fifth (5th) Business Day prior to the beginning of each Month Processor shall notify Producer of the estimated quantity of Producer’s Residue Gas per Day at the Residue Gas Redelivery Point(s), provided
that nominations at the Residue Gas Redelivery Points are subject to confirmation by the downstream pipeline. By 7:00 AM on the day prior to gas flow, Processor shall notify Producer of the estimated quantity of Producer’s Residue Gas available
for next day’s flow for the Residue Gas Redelivery Point(s). By 12:30 PM on the day prior to gas flow, Producer shall provide a nomination form to Processor, 

  
 Exhibit I – Page 46

 
indicating downstream pipeline contract number, downstream delivery point and counterparty. If Producer does not provide a nomination form to Processor, the prior nomination shall remain in
effect until such time as Producer provides notice to Processor to revise the prior nomination. Processor will use reasonable efforts to confirm any nomination change requested by Producer after the nomination deadline. Processor reserves the right,
from time to time, to revise its nomination procedures, subject to Producer’s consent which shall not be unreasonably withheld. 

iii.    Producer will make all necessary arrangements with pipelines or other third parties downstream of the Plant
Products Redelivery Points in order to facilitate Processor’s delivery of Plant Products. No later than one (1) Business Day prior to the nomination deadline each Month for the applicable downstream pipeline(s) receiving Plant Products,
Producer will notify Processor of the estimated quantity of Plant Products per Day, provided that nominations at each Redelivery Point are subject to confirmation by the downstream pipeline. At any time, Producer may adjust its nomination
prospectively for the remainder of such Month by providing Processor notice prior to the nomination deadline of the applicable downstream pipeline. 

(d)    Processor and Producer shall immediately inform each other of any discovered unanticipated changes in deliveries at
either the Delivery Point(s) or Redelivery Point(s). Nominations may be made by telephone, but shall be confirmed in writing by e-mail, facsimile, or other electronic means to Processor’s Gas Control
Department. 
 II.    Pipeline Balancing. Subject to the provisions of the Agreement, Processor shall accept at the Delivery
Point a Daily quantity of Producer’s Gas at the Delivery Points and redeliver Producer’s Residue Gas and Producer’s Plant Products allocated to such Producer’s Gas at the Residue Gas Redelivery Points and Plant Products
Redelivery Point, respectively. All quantities received in accordance with the Agreement at the Delivery Points and all deliveries of Producer’s Residue Gas in accordance with this Agreement at the Residue Gas Redelivery Point shall be balanced
on a Btu basis, and all such quantities referred to in the Agreement shall be adjusted for the Gross Heating Value thereof. 
 Imbalances may occur due to
the difference between (1) Producer’s nomination to the downstream receiving pipeline at the Residue Gas Redelivery Points (the “Takeaway Pipeline”), which as of the Effective Date is Altus Midstream Pipeline LP, and
(2) the allocated quantity of Residue Gas attributable to Producer’s Gas as calculated pursuant to Exhibit F (“Production Imbalance”). Any Production Imbalance shall be settled between Processor and Producer in the
same manner that imbalances are settled between Processor and Takeaway Pipeline in their operational balancing agreement at each Residue Gas Redelivery Point (“Processor OBA”). Processor shall use its best efforts to enter into, and
maintain in good standing, the Processor OBA. The Processor OBA shall not impose balancing guidelines that are more stringent on Producer than the operational balancing agreement between Takeaway Pipeline and the receiving pipelines immediately
downstream of the Takeaway Pipeline (the “Downstream Receiving Pipeline”), which as of the Effective Date are El Paso Natural Gas Company, L.L.C., Roadrunner Gas Transmission, LLC, and Comanche Trail Pipeline, LLC (all such OBAs
between the Takeaway Pipeline and a Downstream Receiving Pipeline, a “Takeaway Pipeline OBA”). Until such time as the Processor OBA is executed, Production Imbalances shall be settled between Processor and Producer in the same
manner that imbalances are settled in the Takeaway Pipeline OBAs. Processor shall provide an invoice to Producer for settlement of Production Imbalances in accordance with this Section II along with documentation to substantiate the data on the
invoice. 

  
 Exhibit I – Page 47

 
For the avoidance of doubt, Processor shall provide Producer reasonable flexibility in adjusting nominations; provided however, that providing Producer such flexibility in adjusting nominations
shall be subject to Processor not incurring financial harm or loss as a result of Producer’s actions. 
 The Parties acknowledge that there are times
that it is in the best interest of Producer, Processor, and/or Takeaway Pipeline to seek an exception to any cashout provision that may exist in the Processor OBA and/or the Takeaway Pipeline OBA(s) by requesting that an imbalance temporarily roll
rather than to cashout (“Temporary Rolling Imbalance”). If an event outside the control of Producer occurs that may have a material adverse financial impact on Producer, Producer may request Processor seek a Temporary Rolling
Imbalance with the Takeaway Pipeline or a Downstream Receiving Pipeline, and Processor shall use commercially reasonable efforts to effectuate this change. If a Temporary Rolling Imbalance is effectively negotiated with Takeaway Pipeline or
Downstream Receiving Pipeline, Producer shall obtain the benefit of the Temporary Rolling Imbalance. 
 III.    Plant Balancing and
Cash Outs. Because of dispatching and other operational causes outside of Processor’s reasonable control, imbalances may occur between (1) the total heating value of the Residue Gas actually delivered to Takeaway Pipeline at the
Residue Gas Redelivery Points for Producer’s account and (2) the allocated quantity of Residue Gas attributable to Producer’s Gas as calculated pursuant to Exhibit F. Similarly, imbalances may occur between (1) the volumes of
Producer’s Plant Products that are actually delivered to downstream pipelines at the Plant Products Redelivery Points for Producer’s account and (2) the allocated Plant Products attributable to Producer’s Gas as calculated
pursuant to Exhibit F. 
 (a) Residue Gas Redelivery Point. Imbalance events at Residue Gas Redelivery Points caused by the events described
in this Section III shall be cashed out at the simple average of (i) Inside F.E.R.C’s Gas Market Report in its first publication of the delivery month for “Prices of Spot Gas Delivered to Pipeline” for El Paso West Texas
and (ii) Inside F.E.R.C’s Gas Market Report in its first publication of the delivery month for “Prices of Spot Gas Delivered to Pipeline” for West Texas Waha. 

(b) Plant Products Redelivery Points. For imbalance events at Plant Products Redelivery Points, the Parties agree to settle imbalances through
a monthly cash out. The monthly cash out price shall be based on Producer’s weighted average sales price for that month. 

IV.    Curtailment. Processor shall use reasonable efforts to provide timely notification to Producer by telephone, with subsequent
e-mail notification, of the potential size and duration of any unscheduled capacity disruption. If Producer does not adjust its nomination within two hours after receiving notification from Processor, then
Processor may adjust Producer’s nomination and/or not confirm the nominations requested by Producer in the next nomination cycle. If Producer does not adjust its nomination as reasonably requested by Processor, and such failure to adjust
nominations could materially impact operations at the Processor’s Facilities, Processor may curtail or shut in Gas for a reasonable period of time. 

  
 Exhibit I – Page 48

 EXHIBIT F 

to 
 Gas Processing Agreement dated
[                    ] between 
 Altus
Midstream Processing LP (“Processor”) and 

[                    ]
(“Producer”) 
 ALLOCATION METHODOLGIES 

1.    Plant Products Allocable to Producer. The quantity of each Plant Product component allocable to
Producer’s Processable Gas that was delivered to the Cryogenic Processing Facilities shall be determined by multiplying the theoretical gallons of that Plant Product component contained in the Plant Inlet Volume by the applicable Recovery Rate
outlined in Section 2.5 for each component contained in Producer’s Processable Gas. 
  

									
	 	  	Recovery Rate	 	 	Rejection Rate	 
	 C2
	  	 	93	% 	 	 	25	% 
	 C3
	  	 	97	% 	 	 	95	% 
	 C4
	  	 	98	% 	 	 	98	% 
	 C5+
	  	 	99	% 	 	 	99	% 

 Producer may elect each month to have Producer’s Plant Products settled in ethane recovery mode or ethane rejection mode
(“Ethane Option”). Such election must be made by five (5) days prior to the Month for which the election applies. Producer’s election of the Ethane Option shall continue to apply for successive Months until Producer
provides notice otherwise to Processor at least 5 Days prior to the beginning of a Month. 
 2.    Residue Gas
Allocable to Producer. The MMBtus of Residue Gas allocable to Producer’s Non-Processable Gas that was delivered to the Delivery Points and Producer’s Processable Gas that was delivered to the
Cryogenic Processing Facilities shall be determined by the following equation: 
 PRG = [A – S – Rich FL&U] + [B – Lean
FL&U] 
 where: 
 PRG =
Producer’s Residue Gas in MMBtus 
 A = The aggregate volume of Producer’s Processable Gas measured at all low pressure Receipt
Points less Processable Gas redelivered to Producer upstream of the low pressure Delivery Point and less Processable Gas redelivered to Producer at the High Pressure Gas Lift Redelivery Point(s) 

  
 Exhibit I – Page 49

 S = Producer’s allocated share of Shrinkage as defined in Exhibit F, Paragraph 3

 Rich FL&U = Processable Gas FL&U 

B = The aggregate volume of Producer’s Non-Processable Gas measured at all low pressure Receipt
Points less Non-Processable Gas redelivered to Producer upstream of the low pressure Delivery Point and less Non-Processable Gas redelivered to Producer at the High
Pressure Gas Lift Redelivery Point(s) 
 Lean FL&U = Non-Processable Gas FL&U 

3.    Cryogenic Processing Facilities Shrinkage (“Shrinkage”). Producer’s share
of shrinkage at the Cryos will be determined by converting each individual component of Producer’s Plant Products allocated to Producer to its respective heating value (as measured in MMBtu) by using the conversion factors published in the Gas
Processor’s Association GPA Publication 2145-16, or any subsequent revision thereof in effect at the time such calculation is performed, and adjusted to a pressure base of 14.65 psia and a temperature of
60° Fahrenheit.  

  
 Exhibit I – Page 50

 EXHIBIT G 

to 
 Gas Processing Agreement dated
[                    ] between 
 Altus
Midstream Processing LP (“Processor”) and 

[                    ]
(“Producer”) 
 FORM OF MEMORANDUM OF AGREEMENT 
  

			
	State of Texas	  	§
		  	§
	County of [                    ]	  	§

 MEMORANDUM OF AGREEMENT 

This Memorandum of Agreement (this “Memorandum”) is entered into this
        day of             , 20         (the “Effective Date”) between Altus
Midstream Processing LP, a Delaware limited partnership (“Processor”) and[                    ], a
[                    ] (“Producer”). 

RECITALS 
 WHEREAS,
Processor and Producer have entered into a certain Gas Processing Agreement dated [                    ] (the “Agreement”),
pursuant to which Producer dedicated Gas produced from the Dedicated Area for processing by Processor; and 
 WHEREAS, the Parties
wish to file this Memorandum to put third parties on notice as to the existence of the Agreement. 
  

	 	1.	 Dedication. 

Producer’s interests in the acreage and/or well(s) set forth on Exhibit A hereto (“Dedicated Area”) are dedicated
to Processor for processing. The Agreement is for an initial term ending on March 31, 2032, but subject to extension, renewal, and/or termination as more particularly provided therein. 

 

	 	2.	 Incorporation of Agreement and Effect of Memorandum. 

The sole purpose of this Memorandum is to give notice to third parties of the existence of the Agreement and the rights of Processor in and to
Producer’s Gas from the Dedicated Area. This Memorandum shall not modify in any manner any of the terms and conditions of the Agreement, and nothing in this Memorandum is intended to and shall not be used to interpret the Agreement. The
provisions of the Agreement are hereby incorporated into this Memorandum as if set out fully herein. In the event of any irreconcilable conflict between the terms of this Memorandum and the terms of the Agreement, the terms of the Agreement shall
govern and control for all purposes. 

  
 Exhibit I – Page 51

	 	3.	 Defined Terms. 

All capitalized terms not defined herein shall have the same meaning assigned such terms in the Agreement. 

IN WITNESS WHEREOF, this Memorandum is executed by Processor and Producer as of the date of acknowledgement of their signatures but is
effective for all purposes as of the Effective Date stated above. 
  

					
	PROCESSOR
	
	ALTUS MIDSTREAM PROCESSING LP
	
	By: Altus Midstream Subsidiary GP LLC, its general partner
			
	    	 	By:	 	  

			
		 	Name:	 	  

			
		 	Title:	 	  

  

			
	PRODUCER
	
	[                    ]
		
	By: 	 	  

		
	Name:	 	  

		
	Title: 	 	  

  
 Exhibit I – Page 52

			
	STATE OF TEXAS	  	§
		  	§
	COUNTY OF [            ]	  	        §

 This instrument was acknowledged before me this      day
of             , 20         by
[                    ], the
[                    ] of Altus Midstream Subsidiary GP LLC, the general partner of Altus Midstream Processing LP, on behalf of such entity. 

In witness whereof I hereunto set my hand and official seal. 
  

			
	NOTARIAL SEAL:	  	  

		  	    Notary Public in and for the
    State of Texas
		  	    My Commission
Expires:                                      

		  	    Commission No.:

  

			
	STATE OF TEXAS	  	§
		  	§
	COUNTY OF [            ]	  	        §

 This instrument was acknowledged before me this      day
of             , 20         by
[                    ], the
[                    ] of [                    ]
on behalf of such entity. 
 In witness whereof I hereunto set my hand and official seal. 

 

			
	NOTARIAL SEAL:	  	  

		  	    Notary Public in and for the
    State of Texas
		  	    My Commission Expires:
                                    
		  	    Commission No.:

  
 Exhibit I – Page 53

 EXHIBIT A 

TO 
 MEMORANDUM OF
AGREEMENT 
 DEPICTION OF DEDICATED AREA 

  
 Exhibit I – Page 54

 EXHIBIT H 

to 
 Gas Processing Agreement dated
[                    ] between 
 Altus
Midstream Processing LP (“Processor”) and 

[                    ]
(“Producer”) 
 FORM OF MEMORANDUM OF RELEASE 
  

			
	State of Texas	  	§
		  	§
	County of [            ]	  	§

 MEMORANDUM OF RELEASE 

This Memorandum of Release (this “Memorandum”) is entered into this      day
of        , 20     (the “Effective Date”) between Altus Midstream Processing LP, a Delaware limited partnership (“Processor”) and
[                    ], a [                    ]
(“Producer”). 
 RECITALS 

WHEREAS, Processor and Producer have previously entered into a certain Gas Processing Agreement dated
[                    ] (the “Agreement”), pursuant to which Producer dedicated Gas produced from the Dedicated Area for
processing by Processor; and 
 WHEREAS, a Memorandum of Agreement dated
[                    ] was executed by Processor and Producer to give notice to third parties of the existence of the Agreement and the respective
rights and obligations of Processor and Producer with respect thereto and with respect to the dedication as set forth therein; and 

WHEREAS, such Memorandum of Agreement was filed of record in Book         ,
Page     of the real property records of [            ] County, Texas; and 

WHEREAS, the Parties wish to file this Memorandum to put third parties on notice as to the release of certain Interests from the
dedication. 
  

	 	1.	 Release from Dedication. 

The following Interests in the following acreage and/or well(s) (“Released Interests”) are hereby released from the
dedication, as further set forth on Exhibit A hereto: 
 [Description of Released Interests] 

 

	 	2.	 Incorporation of Agreement and Effect of Memorandum. 

The sole purpose of this Memorandum is to give notice to third parties of the existence of the Agreement, the rights of Processor in and to
Producer’s Gas from the Dedicated Area, and the release of the Released Interests from the dedication. This Memorandum shall not modify in any 

  
 Exhibit I – Page 55

 
manner any of the terms and conditions of the Agreement, and nothing in this Memorandum is intended to and shall not be used to interpret the Agreement. The provisions of the Agreement are hereby
incorporated into this Memorandum as if set out fully herein. In the event of any irreconcilable conflict between the terms of this Memorandum and the terms of the Agreement, the terms of the Agreement shall govern and control for all purposes. 

 

	 	3.	 Defined Terms. 

All capitalized terms not defined herein shall have the same meaning assigned such terms in the Agreement. 

IN WITNESS WHEREOF, this Memorandum is executed by Processor and Producer as of the date of acknowledgement of their signatures but is
effective for all purposes as of the Effective Date stated above. 
  

					
	PROCESSOR
	
	ALTUS MIDSTREAM PROCESSING LP
	
	By: Altus Midstream Subsidiary GP LLC
			
		 	By:	 	  

			
	    	 	Name:	 	  

			
		 	Title:	 	  

  

			
	 PRODUCER

	
	
[                   
 ]

		
	 By: 
	 	  

		
	 Name:
	 	  

		
	 Title: 
	 	  

  
 Exhibit I – Page 56

			
	STATE OF TEXAS	  	§
		  	§
	COUNTY OF [                    ]	  	        §

 This instrument was acknowledged before me this      day
of             , 20     by [                    ], the
[                    ] of Altus Midstream Subsidiary GP LLC, the general partner of Altus Midstream Processing LP, on behalf of such entity. 

In witness whereof I hereunto set my hand and official seal. 
  

			
	NOTARIAL SEAL:	  	  

		  	    Notary Public in and for the
    State of Texas
		  	    My Commission
Expires:                                       
   
		  	    Commission No.:

  

			
	STATE OF TEXAS	  	§
		  	§
	COUNTY OF [                    ]	  	        §

 This instrument was acknowledged before me this      day
of             , 20     by [                    ], the
[                    ] of [                    ]
on behalf of such entity. 
 In witness whereof I hereunto set my hand and official seal. 

 

			
	NOTARIAL SEAL:	  	  

		  	    Notary Public in and for the
    State of Texas
		  	    My Commission Expires:
                                        

		  	    Commission No.:

  
 Exhibit I – Page 57

 EXHIBIT A 

TO 
 MEMORANDUM OF RELEASE

 DEPICTION OF RELEASED INTERESTS 

  
 Exhibit I – Page 58

 EXHIBIT J 

to 
 Gas Processing Agreement dated
September 1, 2021, between 
 Altus Midstream Processing LP (“Processor”) and 

Apache Corporation (“Producer”) 

FORM OF JOINDER AGREEMENT 

JOINDER AGREEMENT 
 This
Joinder Agreement is entered into this      day of             , 20     (the “Effective Date”) between Altus Midstream Processing
LP, a Delaware limited partnership (“Processor”) and                     , a
                                  (“Producer”). 

WHEREAS, Processor and Apache Corporation have entered into a certain Gas Processing Agreement dated
            1, 2021, as such agreement may be amended, modified or supplemented from time to time (the “Agreement”), pursuant to which Producer dedicated gas produced from
a certain geographic area as defined in the Agreement (the “Dedicated Area”) for processing by Processor; 

WHEREAS, Processor and Producer agree that all capitalized terms used in this Joinder Agreement and not defined herein shall have the
meanings set forth in the Agreement; 
 WHEREAS, Producer, an affiliate of Apache Corporation, has acquired certain oil and gas
interests, which are described in greater detail on Exhibit A hereto, within the Dedicated Area (the “Affiliate Interests”); and 

WHEREAS, in accordance with Section 2.11 of the Agreement, Producer is entering into this Joinder Agreement
in order that the Affiliate Interests will become subject to the terms of the Agreement. 
 NOW, THEREFORE, for good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Processor and Producer hereby agree as follows: 
 Producer
hereby absolutely, unconditionally and irrevocably agrees to be bound by the terms and provisions of the Agreement, including, for the avoidance of doubt, Section 2.1(a) (Dedication) and
Section 2.1(b) (Covenant Running with the Land), with the same force and effect as if it were originally a party thereto, and to assume all of its rights and obligations under the Agreement, including to perform, satisfy
and timely discharge all of its obligations, duties and covenants that are required to be performed, satisfied or discharged after the Effective Date in accordance with the terms thereof. 

Producer acknowledges that it has been provided and has reviewed a full and complete copy of the Agreement. 

This Joinder Agreement shall be governed by, construed, and enforced in accordance with the Laws of the State of Texas, without regard to any
choice of law principles that would require the application of the Laws of any other jurisdiction. 

  
 Exhibit J – Page 1

 This Joinder Agreement may be executed in any number of counterparts, each of which shall be
considered an original, and all of which shall be considered one and the same instrument. A signature delivered by facsimile or other electronic transmission of a .pdf (including e-mail) will be considered an
original signature. 
 IN WITNESS WHEREOF, this Joinder Agreement is executed by Processor and Producer as of the date of their
signatures but is effective for all purposes as of the Effective Date stated above. 
  

					
	PROCESSOR
	
	ALTUS MIDSTREAM PROCESSING LP
	
	By: Altus Midstream Subsidiary GP LLC
			
	    	 	By:	 	  

			
		 	Name:	 	  

			
		 	Title:	 	  

  

			
	PRODUCER
	
	[                    ]
		
	By: 	 	  

		
	Name:	 	  

		
	Title: 	 	  

  
 Exhibit J – Page 2

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