Document:

Pledge and Security Agreement

 Exhibit 10.5 
 EXECUTION COPY 
 PLEDGE AND SECURITY AGREEMENT 
 THIS PLEDGE AND SECURITY AGREEMENT (“Agreement”) is made as of July 25, 2007 (the “Effective Date”)
by and among Davison Petroleum Products, L.L.C., a Louisiana limited liability company, (the “Pledgor”), Genesis Energy, L.P., a Delaware limited partnership (“Parent”), as a secured party, and Genesis
Davison, LLC, a Delaware limited liability company (“Subsidiary”), as administrative agent (the “Administrative Agent”), and a secured party (each of Parent and Subsidiary a “Secured
Party” and together the “Secured Parties”). 
 INTRODUCTION 
 1. By that certain Contribution Agreement dated as of April 24, 2007, as amended by Amendment No.1 (the “Contribution
Agreement”), the Pledgor, among others, agreed to sell certain assets to Parent. 
 2. Parent assigned to Subsidiary
certain of its rights under the Contribution Agreement, including its rights to receive an assignment of such assets. 
 3. To secure any and
all of the Pledgor’s obligations under the Contribution Agreement (collectively, the “Obligations”) and as a condition precedent to the Secured Parties agreeing to enter into the Contribution Agreement, the Pledgor has
agreed to enter into this Agreement. 
 NOW, THEREFORE, in consideration of the premises, covenants, and agreements contained herein, and for
other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 
 Capitalized terms used and not defined herein shall have the meaning give to such term in the Contribution Agreement. 
 ARTICLE I

 GRANT OF SECURITY INTEREST AND PLEDGE 
 The Pledgor, for itself and its successors, assigns, and legal representatives, hereby pledges and assigns unto Administrative Agent for the benefit of the Secured Parties, and grants to the Administrative Agent for
the benefit of the Secured Parties a first priority lien and security interest in, the Collateral (defined in Article II of this Agreement) to secure the due and punctual performance and observance of all obligations hereunder and the
Obligations (collectively, the “Secured Obligations”). 
 ARTICLE II 
 COLLATERAL 
 The Collateral subject to
this Agreement (the “Collateral”) is: 
 (a) 5,383,684 Common Units of Parent, represented by
certificate number CU0011237 dated July 25, 2007 (the “Pledged Units”); 
  

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 (b) all distributions, dividends (cash, stock or otherwise), cash, instruments, proceeds,
payments, shares, securities, rights to subscribe, purchase or sell and all other rights and other property from time to time received, receivable or otherwise distributed in respect of, in exchange for, upon conversion of, or upon the sale,
transfer, assignment or other disposition of any or all of the Pledged Units; 
 (c) the proceeds, interest, profits and other
income of or on any of the property referred to in this definition; and 
 (d) all books and records relating to any of the
property referred to in this definition; 
 provided, however, that, notwithstanding any provision herein to the contrary, unless and until an Event
of Default (as defined in Article V hereof) has occurred, the Pledgor shall be entitled to vote the Pledged Units and to receive and use, transfer and dispose of any and all cash dividends and distributions on and in respect of the Pledged
Units; provided, further that immediately upon the occurrence, and during the continuance, of an Event of Default, the Pledgor’s right to use and take any further such permitted vote and cash dividends and distributions shall cease, and
the right to all subsequent such cash dividends or distributions shall revert to the Administrative Agent’s possession and control as herein provided (except that the Administrative Agent shall forthwith release to the Pledgor at least a
sufficient amount of such sums to pay any taxes incurred by the Pledgor on such dividends and distributions, but only after receipt from the Pledgor of appropriate supporting documentation evidencing such taxes). 
 ARTICLE III 
 DELIVERY OF COLLATERAL

 Section 3.1 All certificates or instruments representing or evidencing the Collateral shall be delivered to and held in trust by the
Administrative Agent or its counsel or representative for the benefit of Secured Parties pursuant hereto and shall be in suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank.
The Administrative Agent shall have the right, at any time following the occurrence and during the continuance of an Event of Default and without notice to the Pledgor, to transfer to or to register in the name of any Secured Party any or all of the
Collateral. 
 Section 3.2 Except for voting rights exercised, and cash dividends and distributions received, by the Pledgor in accordance
with Article II, in the event that the Pledgor receives any property that would constitute Collateral, the Pledgor will hold such property in trust for the Secured Parties and will immediately deliver same to the Administrative Agent or its
counsel or representative to be held pursuant to this Agreement. 
  

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 ARTICLE IV 
 REPRESENTATIONS, WARRANTIES AND COVENANTS 
 Section 4.1 The Pledgor hereby represents and warrants,
jointly and severally, to the Secured Parties that the following statements are true and correct: 
 (a) this Agreement
constitutes the valid and legally binding obligation of the Pledgor, enforceable against the Pledgor in accordance with its terms and conditions, subject, however, to the effects of bankruptcy, insolvency, reorganization, moratorium or similar Laws
affecting creditors’ rights generally and to general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law); 
 (b) the Pledgor is not a party to any contract or agreement or subject to any restriction that materially and adversely affects the
Collateral, and neither the execution nor delivery of this Agreement nor compliance with the terms and provisions hereof will be contrary to the provisions of, or constitute default under any agreement (including, but not limited to, any
shareholders’ agreement) to which the Pledgor is a party or by which the Pledgor is bound or subject; 
 (c) the security
interest granted pursuant to this Agreement, (1) upon completion of the filings and delivery of the Collateral, will constitute valid perfected security interests in all of the Collateral in favor of the Secured Parties, as collateral security
for the Secured Obligations, enforceable in accordance with the terms hereof against all creditors of the Pledgor and any Persons purporting to purchase any Collateral from the Pledgor and (2) are prior to all other Liens on the Collateral in
existence on the date hereof; and 
 (d) (1) the Pledgor has the right to transfer any interest in the Pledged Units to the
Secured Parties, and (2) except for the lien and security interest granted herein, the Collateral is not subject to the interest or lien of any third person or entity. 
 Section 4.2 The Pledgor jointly and severally covenants and agrees with and for the benefit of the Secured Parties as follows: 
 (a) subject to the provisos in Article II, the Pledgor will not pledge, assign, encumber or grant a security interest in the
Collateral to any person other than the Secured Parties; 
 (b) subject to the provisos in Article II, the Pledgor will
not sell, transfer, assign, or otherwise dispose of any of the Collateral, or enter into any agreement to do so; 
 (c)
Administrative Agent’s duty with reference to the Collateral shall be solely to use reasonable care in the custody and preservation of the Collateral in Administrative Agent’s possession, neither the Administrative Agent nor any Secured
Party shall be responsible in any way for any depreciation in the value of the Collateral, nor shall any duty or responsibility whatsoever rest on the Administrative Agent or the Secured Parties to take necessary steps to preserve rights against
prior parties or to enforce collection of the Collateral; 
  

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 (d) any demand, notice, protest, and all demands and notices of any action taken by the
Secured Parties under this Agreement or in connection with any note or notes, guaranty or other instrument or agreement, except as otherwise provided in this Agreement, are hereby waived, and any indulgence of the Secured Parties, substitution for,
or exchange or release of, Collateral, in whole or in part, or addition or release of any person liable on the Obligations, is hereby assented and consented to; 
 (e) the Pledgor will not enter into any agreement, other than the Contribution Agreement and the Parent’s partnership agreement,
creating any restriction or condition upon the transfer, voting or control of any Pledged Units without the prior written consent of the Administrative Agent on behalf of the Secured Parties; 
 (f) the Pledgor will defend the Collateral and its proceeds against the claims and demands of all third persons other than the Secured
Parties; and 
 (g) the Pledgor shall pay prior to delinquency all taxes against the Collateral, and upon its failure to do
so, the Secured Parties, at their option may pay any of them and shall be the sole judge of the legality or validity thereof and the amount necessary to discharge the same, and the Pledgor shall pay to the Secured Parties on demand any expenses,
including reasonable attorneys’ fees and legal expenses incurred or paid by Secured Party in exercising or protecting its interests, rights, and remedies hereunder. 
 Section 4.3 Upon prior written notice to the Administrative Agent on behalf of the Secured Parties, and upon consent of the Secured Parties (not to be unreasonably withheld), the Pledgor may, on any business day,
transfer to the Administrative Agent on behalf of the Secured Parties, Eligible Credit Support. For purposes of this Section 4.3, “Eligible Credit Support” shall mean cash, in the form of U.S. Dollars; negotiable
debt obligations issued by the U.S. Treasury Department having a maturity at issuance of not more than 10 years; other securities as agreed from time to time by the parties hereto; and a guaranty from a party with credit acceptable to the Secured
Parties in their sole discretion and in a form acceptable to the Secured Parties in their sole discretion. Upon transfer to the Administrative Agent of the Eligible Credit Support, the security interest in the Collateral shall automatically
terminate, and the Administrative Agent shall execute a release and termination of such security interest and shall promptly return any Collateral delivered to it. Upon such termination, the Pledgor are authorized to file any necessary UCC
termination statements. 
 ARTICLE V 
 DEFAULT 
 The Pledgor shall be in default under this Agreement upon the happening of any of the
following events or conditions (each of which is herein referred to as an “Event of Default”) prior to the release of all Collateral in accordance with Section 10.2: (a) the Pledgor defaults in the punctual
performance of any of the Secured Obligations and if the default is capable of 

  

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remedy, the Pledgor fails to remedy it within 14 days of having been given written notice of the default; (b) any warranty or representation of the
Pledgor contained in this Agreement proves to have been false in any material respect when made or furnished; (c) any of the Collateral is levied on or seized or attached; (d) the Pledgor becomes insolvent or is unable to pay its
debts or fails or admits in writing its inability generally to pay its debts as they become due; (e) the Pledgor makes a general assignment, arrangement or composition with or for the benefit of its
creditors; (f) the Pledgor voluntarily institutes a proceeding seeking a judgment of insolvency or bankruptcy or any other relief under any bankruptcy or insolvency law or other similar law affecting
creditors’ rights; (g) the Pledgor has instituted against it or is subject to a proceeding seeking a judgment of insolvency or bankruptcy, winding up or liquidation or any other relief under any bankruptcy or insolvency law or other
similar law affecting creditor’s rights, and such proceeding remains unstayed for a period of at least 60 days; or (h) the Pledgor seeks the appointment of an administrator, provisional liquidator, conservator, receiver, trustee,
custodian or other similar official for it or for all or substantially all its assets. 
 ARTICLE VI 
 REMEDIES 
 Section 6.1 The
Administrative Agent may, at any time following and during the continuance of an Event of Default hereunder, transfer the Collateral to the Secured Parties or their nominees, receive income, including money, thereon and hold the income as Collateral
or apply the income to satisfy any Secured Obligations, and the manner of said application shall be in the sole discretion of the Secured Parties. At any time after the occurrence and during the continuance of an Event of Default, the Administrative
Agent on behalf of the Secured Parties or the Secured Parties may at any time demand, sue for, collect or make any compromise or settlement with reference to the Collateral as the Secured Parties, in their reasonable discretion, choose. The Secured
Parties may delay exercising or may omit to exercise any right or remedy under this Agreement without waiving that or any other past, present or future right or remedy. 
 Section 6.2 In protecting, exercising, or assuring its interests, rights, and remedies under this Agreement, at any time after the occurrence and during the continuance of an Event of Default, the Administrative Agent
on behalf of the Secured Parties or the Secured Parties may execute, sign, and endorse negotiable and other instruments for the payment of any form of Collateral or proceeds on behalf of and in the name of the Pledgor. 
 Section 6.3 Upon the occurrence of an Event of Default, and at any time thereafter: (a) the Secured Parties shall have, then or at any time
thereafter, the rights and remedies provided by applicable law, including the rights and remedies of a secured party on default under the Uniform Commercial Code of Texas; and (b) in addition to the rights and remedies referred to in clause
(a) above, the Administrative Agent on behalf of the Secured Parties or the Secured Parties may, in their sole discretion, sell, assign, and deliver all or any part of the Collateral at any exchange, broker’s board or at Secured
Parties’ office or elsewhere, or at public or private sale without advertisement, for cash, on credit or for future delivery, upon such terms as the Administrative Agent may deem commercially reasonable, and the Secured Parties may bid and
become purchaser at any public sale or at any broker’s board, in accordance with applicable securities laws. To the extent required by law, the Administrative Agent shall give written notice 

  

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to the Pledgor fifteen (15) days prior to the date of public sale of the Collateral or prior to the date after which private sale of the Collateral will
be made, by mailing by certified mail such notice to the Pledgor at the address designated herein, which notice shall constitute reasonable notification. 
 Section 6.4 All rights and remedies of the Administrative Agent or the Secured Parties expressed herein are in addition to all other rights and remedies possessed by the Secured Parties in the Contribution Agreement
and in any other agreement or instrument relating to the Secured Obligations. 
 ARTICLE VII 
 PRIVATE SALES 
 If the Secured Parties
shall determine to exercise their rights to sell all or part of the Collateral pursuant to Article VI hereof, the Pledgor recognizes that the Secured Parties may be unable to effect a public sale of all or part of the Pledged Units by reason
of certain prohibitions contained in the Securities Act of 1933, as amended, as now or hereafter in effect (the “Securities Act”), or in applicable securities or blue sky laws of any state or other jurisdiction, as now or
hereafter in effect, but may be compelled to resort to one or more private sales to a restricted group of purchasers who will be obliged to agree, among other things, to acquire such Pledged Units for their own account for investment and not with a
view to the distribution or resale thereof. If at the time of any sale of the Pledged Units or any part thereof, the same shall not, for any reason whatsoever, be effectively registered (if required) under the Securities Act (or other applicable
securities law), the Secured Parties in their sole and absolute discretion are authorized to sell such Pledged Units or such part thereof by private sale in such manner and under such circumstances as the Secured Parties or their counsel may deem
necessary or advisable in order that such sale may legally be effected without registration. The Pledgor agrees that private sales so made may be at prices and other terms less favorable to the seller than if such Pledged Units were sold at public
sale, and that the Secured Parties have no obligation to delay the sale of any such Pledged Units for the period of time necessary to permit the Issuer of the Collateral to register such Pledged Units for public sale under such applicable securities
laws. The Pledgor agrees that any private sales made under the foregoing circumstances shall be deemed to have been in a commercially reasonable manner. 
 ARTICLE VIII 
 POWER OF ATTORNEY 
 The Pledgor hereby irrevocably appoints Administrative Agent to be the Pledgor’s attorney-in-fact, effective upon and during the continuance of an
Event of Default, with full authority in the place and stead of the Pledgor and in the name of the Pledgor, Administrative Agent or otherwise, from time to time in Administrative Agent’s discretion, to take any action and to execute any
instrument which Administrative Agent may deem necessary or advisable to accomplish the purpose of this Agreement, including without limitation: 
 (a) to ask, demand, collect, sue for, recover, compound, receive and give acquittance and receipts for moneys due and to become due under or in respect of any of the Collateral; 
  

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 (b) to receive, endorse and collect any drafts or other instruments, documents and
chattel paper in connection with clause (a) above; and 
 (c) to file any claims or take any action or institute any
proceedings which Administrative Agent may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Secured Parties with respect to any of the Collateral. 
 ARTICLE IX 
 RIGHTS AND OBLIGATIONS
ABSOLUTE 
 All rights of the Administrative Agent and the Secured Parties, all obligations of the Pledgor hereunder and the security
interest hereunder, shall, to the extent permitted by applicable law, be absolute and unconditional, irrespective of any other circumstances which might otherwise constitute a defense available to, or a discharge of, the Pledgor in respect of the
Secured Obligations. 
 ARTICLE X 
 CONTINUING SECURITY INTEREST AND RELEASE 
 Section 10.1 This Agreement and the delivery of the Collateral to Administrative
Agent or its counsel or representative create a continuing security interest in the Collateral and shall (a) remain in full force and effect until the release of the Collateral as described below, (b) be binding upon the Pledgor and its
successors and permitted assigns, and (c) inure to the benefit of the Secured Parties and its successors and permitted transferees and assigns. Upon the earlier of (i) the release of the Collateral as described below and (ii) payment
and performance in full of the Secured Obligations as provided herein, the security interests created hereunder shall terminate, and the Pledgor shall be entitled to the prompt return, upon its request and its expense, of such of the Collateral or
the proceeds thereof as shall not have been sold or otherwise applied pursuant to the terms hereof. 
 Section 10.2 The Secured Parties
shall, and hereby agree to, fully and unconditionally release all security interests arising under this Agreement as follows: 
 (a) On the First Release Date, a number of Pledged Units equal to the First Release Number. 
 (b) On the Second
Release Date, a number of Pledged Units equal to the Second Release Number. 
 (c) Upon resolution of any Outstanding Claims
after the Second Release Date, release the balance to the Pledgor. 
  

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 (d) For purposes of this Section 10.2: 
 “First Release Date” means July 24, 2009. 
 “First Release Net Value” means, with respect to the First Release Date, the positive difference, if any, between
(i) the product of the Unit Closing Price, multiplied by 4,037,763, less (ii) the Outstanding Claims Value. 
 “First Release Number” means the quotient of (i) First Release Net Value, divided by (ii) the Unit Closing Price on the First Release Date. 
 “Outstanding Claims” means unsatisfied claims made by Buyer or its permitted successors and assigns against
Sellers pursuant to the terms of the Contribution Agreement. 
 “Outstanding Claims Value” means, with
respect to any date of determination, the reasonable value of any Outstanding Claims. 
 “Second Release
Date” means July 26, 2010. 
 “Second Release Net Value” means, with respect to the
Second Release Date, the positive difference, if any, between (i) the product of the number of then remaining Pledged Units multiplied by the Unit Closing Price, less (ii) the Outstanding Claims Value. 
 “Second Release Number” means the quotient of (i) the Second Release Net Value, divided by (ii) the Unit
Closing Price on the Second Release Date. 
 “Unit Closing Price” means, with respect to any date of
determination, the closing price for a Common Unit indicated on Parent’s primary trading exchange on the trading day immediately preceding such date of determination. 
 ARTICLE XI 
 MISCELLANEOUS PROVISIONS 
 Section 11.1 Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original but which together shall
constitute one and the same instrument. 
 Remedies. Except as expressly provided herein, the rights, obligations and remedies created
by this Agreement are cumulative and in addition to any other rights, obligations or remedies otherwise available at law or in equity. Except as expressly provided herein, nothing herein will be considered an election of remedies. 
 Section 11.3 Headings. The section headings contained in this Agreement are inserted for convenience only and shall not affect in any way the
meaning or interpretation of this Agreement. 
  

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 Section 11.4 Notices. All notices, requests, demands, claims and other communications hereunder
shall be in writing. Any notice, request, demand, claim or other communication hereunder shall be deemed duly given two (2) business days after it is sent by registered or certified mail, return receipt requested, postage prepaid and addressed
to the intended recipient as set forth below: 
  

			
	 If to the Pledgor:
	  	James E. Davison
		  	c/o Davison Petroleum Products, L.L.C.
		  	Attn: President
		  	2000 Farmerville Highway
		  	Ruston, LA 71270
		  	Telephone: (318) 255-3850
		  	Fax:            (318) 255-8936

 (with a copy, which shall not constitute notice, to:) 
  

			
		  	Andrews Kurth, LLP
		  	Attn: G. Michael O’Leary
		  	4200 Chase Tower
		  	600 Travis Street
		  	Houston, Texas 77002
		  	Telephone: (713) 220-4360
		  	Fax:            (713) 220-7130
		
	If to Secured Parties:	  	Genesis Energy, L.P.
		  	Attn: Chief Executive Officer
		  	500 Dallas, Suite 2500
		  	Houston, TX
		  	Telephone: (713) 860-2500
		  	Fax:            (713) 860-2636

 (with a copy, which shall not constitute notice, to:) 
  

			
		 	Akin Gump Strauss Hauer & Feld LLP
		 	Attn: J. Vincent Kendrick
		 	1111 Louisiana, Suite 4400
		 	Houston, Texas 77002
		 	Telephone: (713) 220-5839
		 	Fax:            (713) 236-0822

 Any Party may send any notice, request, demand, claim or other communication hereunder to the
intended recipient at the addresses set forth above using any other means (including personal delivery, expedited courier, messenger service, telecopy, ordinary mail or electronic mail), but no such notice, request, demand, claim or other
communication shall be deemed to have been duly given unless and until it actually is received by the intended recipient. Any Party may change the address to which notices, requests, demands, claims and other communications hereunder are to be
delivered by giving the other Party notice in the manner herein set forth. 
  

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 Section 11.5 Governing Law; Venue; Service of Process; Waiver of Jury Trial. 
 (a) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF TEXAS WITHOUT GIVING EFFECT TO ANY
CHOICE OR CONFLICT OF LAW PROVISION OR RULE (WHETHER OF THE STATE OF TEXAS OR ANY OTHER JURISDICTION) THAT WOULD CAUSE THE APPLICATION OF THE LAWS OF ANY JURISDICTION OTHER THAN THE STATE OF TEXAS, PROVIDED, HOWEVER, THAT ALL REAL PROPERTY
MATTERS SHALL BE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE DOMESTIC LAWS OF THE STATE IN WHICH SUCH PROPERTY IS LOCATED. 
 (b) EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY CONSENTS TO SUBMIT TO THE JURISDICTION OF THE COMPETENT COURTS OF THE STATE OF TEXAS AND OF THE UNITED STATES OF AMERICA, IN EACH CASE LOCATED IN HOUSTON, TEXAS
(THE “COURTS”) FOR ANY LITIGATION ARISING OUT OF OR RELATING TO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY (AND AGREES NOT TO COMMENCE ANY LITIGATION RELATING THERETO EXCEPT IN THE COURTS), WAIVES ANY OBJECTION TO THE
LAYING OF VENUE OF ANY SUCH LITIGATION IN THE COURTS AND AGREES NOT TO PLEAD OR CLAIM IN ANY COURT THAT SUCH LITIGATION BROUGHT THEREIN HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. 
 (c) EACH PARTY HEREBY IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS OF ANY OF THE AFOREMENTIONED COURTS IN ANY SUCH SUIT, ACTION OR
PROCEEDING BY THE MAILING OF COPIES THEREOF BY REGISTERED OR CERTIFIED MAIL, POSTAGE PREPAID, TO SUCH PARTY AT THE ADDRESS OF SUCH PARTY SET FORTH IN OR DESIGNATED PURSUANT TO SECTION 11.4 OR BY ANY OTHER MEANS PERMITTED BY THE LAWS OF THE STATE OF
TEXAS. 
 (d) EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO
INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO
THIS AGREEMENT, OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. 
 Section 11.6 Severability. Any term or provision of this
Agreement that is invalid or unenforceable in any situation in any jurisdiction shall not affect the validity or 
  

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enforceability of the remaining terms and provisions hereof or the validity or enforceability of the offending term or provision in any other situation or in
any other jurisdiction. 
 Section 11.7 Non-Recourse to General Partner. Neither the general partner of Parent nor any other owner of
equity interests in Parent shall be liable for the obligations of the Secured Parties under this Agreement, including, in each case, by reason of any payment obligation imposed by governing state partnership statutes. 
 Section 11.8 Construction. The Parties 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 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. Any reference to any federal, state, local, or foreign statute or Law shall be deemed also to refer to all rules and regulations promulgated thereunder, unless the context requires otherwise. The word
“including” shall mean including without limitation. All personal pronouns used in this Agreement, whether used in the masculine, feminine or neuter gender, shall include all other genders; the singular shall include the plural, and vice
versa. The terms “herein,” “hereby,” “hereunder,” “hereof,” “hereinafter,” and other equivalent words refer to this Agreement in its entirety and not solely to the particular portion of the Agreement
in which such word is used. The words “shall” and “will” are used interchangeably throughout this Agreement and shall accordingly be given the same means, regardless of which word is used. References to a Party includes its
permitted successors and assigns. 
  

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

			
	PLEDGOR:
	
	DAVISON PETROLEUM PRODUCTS, L.L.C.
		
	By:	 	/s/ Steven K. Davison
	Name:	 	Steven K. Davison
	Title:	 	Manager
	
	SECURED PARTIES:
	
	PARENT:
	GENESIS ENERGY, L.P.
		
	By:	 	/s/ Ross A. Benavides
	Name:	 	Ross A. Benavides
	Title:	 	Chief Financial Officer
	
	SUBSIDIARY:
	GENESIS DAVISON, LLC
		
	By:	 	/s/ Ross A. Benavides
	Name:	 	Ross A. Benavides
	Title:	 	Chief Financial Officer
	
	ADMINISTRATIVE AGENT:
	
	GENESIS DAVISON, LLC
		
	By:	 	/s/ Ross A. Benavides
	Name:	 	Ross A. Benavides
	Title:	 	Chief Financial Officer

 Pledge and Security Agreement Signature PageFirst Amendment to Credit Agreement and Guarantee and Collateral Agreement

 Exhibit 10.6 
  

 FIRST AMENDMENT 
 TO 
 CREDIT AGREEMENT 
 AND 
 GUARANTEE AND COLLATERAL AGREEMENT 
 dated as of 
 July 25,
2007 
 among 
 GENESIS CRUDE OIL, L.P., 
 as the Borrower, 
 GENESIS ENERGY, L.P., 
 as the Parent and a Guarantor, 
 and 
 the Lenders, Issuing Banks and
Guarantors Party Hereto 
  

  
 FORTIS CAPITAL CORP., 
 as
Administrative Agent, 
 DEUTSCHE BANK SECURITIES INC., 
 as Syndication Agent, 
 and 
 BANK OF AMERICA, N.A., 
 U.S. BANK
NATIONAL ASSOCIATION, 
 WACHOVIA BANK, NATIONAL ASSOCIATION, 
 BMO CAPITAL MARKETS FINANCING, INC., 
 ROYAL BANK OF CANADA, and

 SUNTRUST BANK, 
 as
Co-Documentation Agents 
  

 TABLE OF CONTENTS 
  

			
	 Section 1. Defined Terms
	  	1
		
	 Section 2. Amendments to Credit Agreement
	  	5
		
	 2.1 Amendments to Section 1.01 (Defined Terms)
	  	5
	 2.2 Amendment to Section 2.06(b) (Letters of Credit)
	  	7
	 2.3 Amendment to Section 5.10(a) (Additional Collateral; Additional Guarantors)
	  	7
	 2.4 Amendment to Section 6.01(e) (Indebtedness)
	  	8
	 2.5 Amendment to Section 6.01(g) (Indebtedness)
	  	8
	 2.6 Amendment to Section 6.01(h) (Indebtedness)
	  	8
	 2.7 Amendment to Section 6.02(f) (Liens)
	  	8
	 2.8 Amendment to Section 6.03(b) (Fundamental Changes; Limitations on Business; Limited Purpose of the Parent)
	  	8
	 2.9 Amendment to Section 6.04(g) (Investments, Loans, Advances, and Guarantees)
	  	9
	 2.10 Amendment to Section 6.06(h) (Sale of Assets)
	  	9
	 2.11 Amendment to Section 6.12 (Creation of Subsidiaries)
	  	9
	 2.12 Amendment to Section 6.13 (Limitation on Leases)
	  	9
	 2.13 Amendment to Section 6.18 (Control Agreements)
	  	9
	 2.14 Amendment to Section 6.23 (Excess Cash)
	  	9
	 2.15 Amendment to Section 7.01(k) (Events of Default)
	  	10
	 2.16 Amendment to Section 7.01(p) (Events of Default)
	  	10
	 2.17 Amendment to Schedules; Credit Agreement References
	  	10
	 2.18 Consent and Waiver
	  	10
	 2.19 Amendment to Exhibit F (Form of Perfection Certificate)
	  	11
		
	 Section 3. Amendments to Guarantee and Collateral Agreement
	  	12
		
	 3.1 Amendment to Section 5.08 (Instruments and Chattel Paper)
	  	12
	 3.2 Amendment to Section 5.12 (Vehicles)
	  	12
	 3.3 Amendment to Section 6.14 (Commercial Tort Claims)
	  	12
	 3.4 New Section 6.16 (Vehicles)
	  	12
	 3.5 Amendment to Schedules; Guarantee and Collateral Agreement References
	  	13
		
	 Section 4. Conditions Precedent
	  	13
		
	 Section 5. Miscellaneous
	  	17
		
	 5.1 Increase of Committed Amount Pursuant to Section 2.05
	  	17
	 5.2 Confirmation
	  	18
	 5.3 Ratification and Affirmation; Representations and Warranties
	  	18
	 5.4 Borrower Parties
	  	18
	 5.5 Designation of Unrestricted Subsidiaries
	  	19
	 5.6 Credit Document
	  	19
	 5.7 Security Document
	  	19
	 5.8 Counterparts
	  	19
	 5.9 No Oral Agreement
	  	19
	 5.10 GOVERNING LAW
	  	19

  

 i 

			
	 Exhibit A – Form of Primary Counsel Opinion
  

	Annex A	  	
		
	 Schedule 2.01
	  	Committed Amounts
	 Schedule 2.06
	  	Existing Letters of Credit
	 Schedule 3.05
	  	Certain Obligations
	 Schedule 3.06(a)
	  	Properties
	 Schedule 3.07
	  	Disclosed Matters
	 Schedule 3.14
	  	Insurance
	 Schedule 3.15
	  	Material Agreements
	 Schedule 3.16
	  	Imbalances
	 Schedule 3.18
	  	Force Majeure
	 Schedule 3.19(a)
	  	Subsidiaries and Joint Ventures
	 Schedule 3.19(b)
	  	Consents
	 Schedule 3.19(c)
	  	Organizational Chart
	 Schedule 3.20(c)
	  	Copyright Violations
	 Schedule 5.14
	  	Post-Effective Date Items
	 Schedule 6.01
	  	Indebtedness
	 Schedule 6.02
	  	Liens
	 Schedule 6.09
	  	Transactions with Affiliates
	 Schedule 6.18
	  	Control Agreements
		
	 Annex B
	  	
		
	 Schedule 1
	  	Notice Addresses of Guarantors
	 Schedule 2
	  	Description of Pledged Securities
	 Schedule 3
	  	Filings and Other Actions Required to Perfect Security Interests
	 Schedule 4
	  	Legal Name, Location of Jurisdiction of Organization, Organizational Identification Number, Taxpayer Identification Number and Chief Executive Office
	 Schedule 5
	  	Prior Names, Prior Chief Executive Office, Location of Tangible Assets
	 Schedule 6
	  	Patents and Patent Licenses
	 Schedule 7
	  	Trademarks and Trademark Licenses
	 Schedule 8
	  	Vehicles

  

 ii 

 FIRST AMENDMENT TO CREDIT AGREEMENT AND GUARANTEE AND 
 COLLATERAL AGREEMENT 
 THIS FIRST
AMENDMENT TO CREDIT AGREEMENT AND GUARANTEE AND COLLATERAL AGREEMENT (this “First Amendment”) dated as of July 25, 2007, is by and among GENESIS CRUDE OIL, L.P., a Delaware limited partnership (the
“Borrower”), GENESIS ENERGY, L.P., a Delaware limited partnership (the “Parent”), FORTIS CAPITAL CORP., as administrative agent (in such capacity, together with its successors in such capacity, the
“Administrative Agent”) for the lenders party to the Credit Agreement referred to below (collectively, the “Lenders”), and the undersigned Guarantors and Lenders. 
 R E C I T A L S 
 A.(i) The
Borrower, the Parent, the Lenders, the Administrative Agent and the other agents referred to therein are parties to that certain Credit Agreement dated as of November 15, 2006 (as amended, supplemented or otherwise modified from time to time
prior to the date hereof, the “Credit Agreement”), pursuant to which the lenders party thereto have made certain Loans and provided certain Commitments (subject to the terms and conditions thereof) to the Borrower and (ii) the
Borrower, the Guarantors signatory thereto and the Administrative Agent are party to that certain Guarantee and Collateral Agreement dated as of November 15, 2006 (as amended, supplemented or otherwise modified from time to time prior to the
date hereof, the “Guarantee and Collateral Agreement”). 
 B. In connection with the Davison Acquisition (as defined below),
the Parent has entered into the Davison Contribution and Sale Agreement (as defined below) pursuant to which it will acquire the assets and entities, and enter into the other transactions therein described. 
 C. The Borrower has formed a new Restricted Subsidiary, Genesis Alabama Pipeline, LLC, an Alabama limited liability company (“Genesis
Alabama”), that as of the First Amendment Effective Date will not hold significant Real Property. 
 D. The Parent and the Borrower
wish, and the Lenders signatory hereto and the Administrative Agent are willing, (i) to amend the Credit Agreement to increase the aggregate Committed Amount to $500,000,000, to be utilized in part to pay Acquisition Consideration in connection
with the Davison Acquisition, (ii) to consent to the delay by the Borrower and the Parent in meeting the Section 5.10 Timing Requirements (as defined below) in respect of Genesis Alabama Real Property (as defined below) and waive
compliance with Section 5.10 with respect to certain Arkansas Real Property (as defined below) and (iii) to further amend the Credit Agreement and to amend the Guarantee and Collateral Agreement in connection therewith. 
 NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 Section 1. Defined Terms. Each capitalized term used herein but
not otherwise defined herein has the meaning given such term in the Credit Agreement. Unless otherwise indicated, all 

  

 1 

 
article, schedule, exhibit and section references in this First Amendment refer to articles and sections of the Credit Agreement. 
 As used in this First Amendment, the following terms shall have the meanings specified below: 
 “Acquired Companies” has the meaning assigned to such term in the Davison Contribution and Sale Agreement. 
 “Additional Guarantors” means, collectively, Genesis Davison, LLC, a Delaware limited liability company, TDC Energy Services, Inc., a
Delaware corporation, TDC Refinery Services Corp., Inc., a Delaware corporation, TDC Services Corporation, Inc., a Delaware corporation, Davison Petroleum Supply, LLC, a Delaware limited liability company, Davison Transportation Services, LLC, a
Delaware limited liability company, Red River Terminals, L.L.C., a Louisiana limited liability company, Red River Terminals, L.L.C., a Delaware limited liability company, Davison Corp., Inc., a Delaware corporation, Fuel Masters, LLC, a Texas
limited liability company, TDC, L.L.C., a Louisiana limited liability company, and Genesis TDC Texas, LLC, a Texas limited liability company, and “Additional Guarantor” shall have the correlative meaning. 
 “Arkansas Real Property” means Real Property of the Borrower Parties located in the State of Arkansas. 
 “Davison Acquisition” means the acquisition by the Parent or its designees (subject to Section 5.4(ii) of this First Amendment) of,
inter alia, the Subject Assets. 
 “Davison Acquisition Documents” means, collectively, the Davison Contribution and
Sale Agreement and all schedules, exhibits and annexes thereto and all side letters and agreements affecting the terms thereof or entered into in connection therewith. 
 “Davison Contribution and Sale Agreement” means the Contribution and Sale Agreement by and among Davison Petroleum Products, L.L.C., Davison Transport, Inc., Transport Company, Davison Terminal
Service, Inc., Sunshine Oil & Storage, Inc., T&T Chemical, Inc., Fuel Masters, LLC, TDC, L.L.C. and Red River Terminal, L.L.C., as Sellers and Parent as Buyer, dated as of April 25, 2007, as amended by Amendment No. 1 thereto
dated as of July 25, 2007. 
 “First Amendment Effective Date” has the meaning assigned to such term in Section 4
hereof. 
 “First Amendment Effective Date Real Property Requirements” means the following: 
 (a) with respect to each applicable Mortgaged Property: 
 (i) a Mortgage encumbering each such Mortgaged Property in favor of the Administrative Agent, for the benefit of the Secured Parties, duly
executed and acknowledged by each Borrower Party that is the owner of or holder of any 

  

 2 

 
interest in such Mortgaged Property, and otherwise in form for recording in the recording office of each applicable political subdivision where each such
Mortgaged Property is situated, together with such certificates, affidavits, questionnaires or returns as shall be required in connection with the recording or filing thereof to create a lien under applicable Governmental Requirements, and such
financing statements and any other instruments necessary to grant a mortgage lien under the laws of any applicable jurisdiction, all of which shall be in form and substance reasonably satisfactory to Administrative Agent; 
 (ii) with respect to each such Mortgaged Property, such consents, approvals, amendments, supplements, estoppels, tenant subordination
agreements or other instruments as shall reasonably be deemed necessary by the Administrative Agent in order for the owner or holder of the fee or leasehold interest constituting such Mortgaged Property to grant the Lien contemplated by the Mortgage
with respect to such Mortgaged Property; and 
 (iii) with respect to each such Mortgage, opinions of local counsel to the
Borrower Parties, which opinions (A) shall be addressed to the Administrative Agent and each of the Lenders and be dated the First Amendment Effective Date, (B) shall cover the enforceability of the respective Mortgage and such other
matters incident to the transactions contemplated herein as the Administrative Agent may reasonably request and (C) shall be in form and substance reasonably satisfactory to the Administrative Agent. 
 (b) evidence reasonably acceptable to the Administrative Agent of payment by a Borrower Party of all search and examination charges,
escrow charges and related charges, mortgage recording taxes, fees, charges, costs and expenses required for the recording of the Mortgages referred to above; 
 (c) with respect to each such Mortgaged Property, the Parent and each Restricted Subsidiary shall have made all notifications,
registrations and filings, to the extent required by, and in accordance with, all Governmental Real Property Disclosure Requirements applicable to such Mortgaged Property; 
 (d) to the extent requested by the Administrative Agent, (i) ALTA mortgagee title insurance policies or unconditional commitments
therefor with extended coverage guaranteeing over the standard exceptions to title customarily contained in such policies, survey exceptions, parties in possession exception, and mechanic’s and materialman’s lien exceptions, issued by one
or more title companies reasonably satisfactory to the Administrative Agent with respect to each such Mortgaged Property that is material to the Borrower’s Business and constitutes interests owned in “fee” (each, a “Title
Policy”), in amounts not less than the fair market value of each such Mortgaged Property, together with a title report issued by a title company with respect thereto, dated not more than thirty (30) days prior to the First Amendment
Effective Date and copies of all recorded documents listed as exceptions to title or otherwise referred to therein, each in form and substance reasonably satisfactory to the Administrative Agent and (ii) evidence 

  

 3 

 
satisfactory to the Administrative Agent that such Borrower Party has paid to the title company or to the appropriate governmental authorities all expenses
and premiums of the title company and all other sums required in connection with the issuance of each Title Policy; and 
 (e)
to the extent requested by the Administrative Agent, ALTA surveys of all such Mortgaged Properties (other than Pipelines) that are material to the Borrower’s Business and on which improvements are located, in form and substance satisfactory to
Administrative Agent, certified to the Administrative Agent and dated not more than thirty (30) days prior to the First Amendment Effective Date. 
 “First Amendment Foreign Subsidiaries” means TDC Peru, TDC Energy Canada and TDC Chile. 
 “First Amendment Unrestricted Subsidiaries” means the First Amendment Foreign Subsidiaries, International Holdco and South America Holdco. 
 “Genesis Alabama” has the meaning assigned to such term in the Recitals hereto. 
 “Genesis Alabama Pipeline Project” means the crude oil gathering system to be constructed in the Little Cedar Creek Field in Conecuh County, Alabama and the crude oil pipeline systems connecting such crude oil gathering
system to the Genesis Pipeline USA Florida Pipeline System at a point in Escambia County, Alabama. 
 “Genesis Alabama Real
Property” means all Real Property of Genesis Alabama. 
 “Genesis Alabama Real Property Compliance Date” has the
meaning assigned to such term in Section 2.18(a)(i) hereof. 
 “International Holdco” means TDC Americas, LLC, a
Delaware limited liability company. 
 “Port Hudson Acquisition” means the acquisition by Genesis Crude Oil, L.P., of,
inter alia, the Port Hudson Assets. 
 “Port Hudson Assets” has the meaning assigned to such term in the Port Hudson
Purchase Agreement. 
 “Port Hudson Purchase Agreement” means the Port Hudson Purchase Agreement between BP Pipelines (North
America) Inc., as Seller, and Genesis Crude Oil, L.P., as Buyer, dated May 23, 2007. 
 “Section 5.10 Timing
Requirements” means the timing requirements set forth in Section 5.10 pertaining to the documentation, collateral and other requirements set forth therein, which timing requirements state that such documentation, collateral and other
requirements set forth in Section 5.10 must be complied with promptly, by a certain specified date or within a certain specified time period after a Restricted Subsidiary’s acquisition of assets. 
  

 4 

 “South America Holdco” means TDC South America, LLC, a Delaware limited liability
company. 
 “Subject Assets” has the meaning assigned to such term in the Davison Contribution and Sale Agreement.

 “TDC Chile” means an entity to be formed as a (direct or indirect) Subsidiary of International Holdco and/or South
America Holdco under the laws of Chile. 
 “TDC Energy Canada” means 0790683 B.C. Ltd., a Canadian company. 
 “TDC Peru” means TDC Peru S.A.C., a Peruvian company. 
 Section 2. Amendments to Credit Agreement. 
 2.1 Amendments to Section 1.01 (Defined
Terms). 
 (a) The definition of “Agreement” is hereby amended and restated in its entirety to read as
follows: 
 “Agreement” means this Credit Agreement, as amended by the First Amendment, as the same may from
time to time be amended, modified, restated, or replaced from time to time, and any annexes, exhibits and schedules to any of the foregoing. 
 (b) The definition of “Committed Amount” is hereby amended by amending and restating the penultimate sentence thereof to read in its entirety as follows: 
 The aggregate Committed Amount as of the First Amendment Effective Date shall be $500,000,000. 
 (c) The definition of “Consolidated EBITDA” is hereby amended by adding the words “including all expense recorded
for the Parent’s stock appreciation rights plan in excess of cash payments for exercised rights” immediately following the words “any non-cash stock or stock option or similar compensation expense,” in clause (iv) thereof.

 (d) The definition of “Material Acquisition” is hereby deleted and replaced in its entirety to read as
follows: 
 “Material Acquisition” means a Permitted Acquisition that, when taken together with all other
Permitted Acquisitions that have been consummated in the immediately prior twelve months (but not counting any Permitted Acquisition consummated prior to the beginning of the most recently commenced Borrowing Base Multiple Increase Period),
collectively have an aggregate Acquisition Consideration in excess of $75,000,000. 
  

 5 

 (e) Clause (d) of the definition of “Permitted Encumbrances” is
hereby deleted and replaced in its entirety to read as follows: 
 (d) deposits to secure the performance of bids, trade
contracts, leases, statutory obligations, surety and appeal bonds in an amount not to exceed $3,000,000, performance bonds and other obligations of a like nature, in each case in the ordinary course of business; 
 (f) The definition of “Substantial Transaction” is hereby deleted and replaced in its entirety to read as follows:

 “Substantial Transaction” means any Permitted Acquisition or Divestiture in respect of which the aggregate
Acquisition Consideration (or, in the case of a Divestiture, the consideration paid by the purchaser if calculated in the same manner as the definition of Acquisition Consideration) is in excess of $25,000,000. 
 (g) The definition of “Test Period” is hereby deleted and replaced in its entirety to read as follows: 
 “Test Period” means each period of four consecutive fiscal quarters of the Borrower then last ended, in each case taken
as one accounting period; provided that when used in this Agreement in connection with a Substantial Transaction being consummated after the end of a fiscal quarter but prior to the date for which financial statements have been delivered to the
Lenders for such fiscal quarter, it shall mean the Calculation Period (without giving effect to this proviso). 
 (h) The
definition of “Transactions” is hereby deleted and replaced in its entirety to read as follows: 
 “Transactions” means the execution, delivery and performance by the Borrower and the Parent of this Agreement (including for the avoidance of doubt any amendments, modifications, supplements or restatements thereof), the
borrowing of Loans, the use of the proceeds thereof (including to refinance loans under the Existing Credit Agreement and to pay Acquisition Consideration for any Permitted Acquisition) and the issuance of Letters of Credit hereunder, and the
execution, delivery and performance of the other Loan Documents by the Borrower Parties. 
 (i) The following definitions are
hereby added where alphabetically appropriate to read as follows: 
 “Additional Guarantors” has the meaning
assigned to such term in the First Amendment. 
  

 6 

 “Davison Acquisition” has the meaning assigned to such term in the First
Amendment. 
 “Davison Contribution and Sale Agreement” has the meaning assigned to such term in the First
Amendment. 
 “Davison Information Memorandum Materials” means the information memorandum and the other
written information distributed by the Borrower in connection with the bank meeting on or about June 15, 2007. 
 “First Amendment” means the First Amendment to Credit Agreement dated as of July 25, 2007 among the Borrower, the Parent, the Administrative Agent, the Lenders party thereto, and the other agents and parties thereto.

 “First Amendment Effective Date” has the meaning assigned to such term in the First Amendment. 

“Port Hudson Acquisition” has the meaning assigned to such term in the First Amendment. 
 2.2 Amendment to Section 2.06(b) (Letters of Credit). Section 2.06(b) is hereby amended by deleting the dollar amount
“$50,000,000” in the last sentence thereof and replacing it with the dollar amount $100,000,000”. 
 2.3 Amendment to
Section 5.10(a) (Additional Collateral; Additional Guarantors). 
 (a) Section 5.10(a) of the Credit Agreement
is hereby amended by deleting the dollar amount “$5,000,000” in the first parenthetical therein and replacing it with the dollar amount “$10,000,000”. 
 (b) Clause (ii) of Section 5.10(a) of the Credit Agreement is hereby deleted and replaced in its entirety to read as follows:

 (ii) grant or cause to be granted to the Administrative Agent for the benefit of the Secured Parties a First Priority Lien
of record on all such Equity Interests, Real Property, Pipelines and Property (other than such Equity Interests, Real Property, Pipelines and Property encumbered by prior Liens in existence at the time of the acquisition thereof and not created in
anticipation of such acquisition, in which case the Lien of the Administrative Agent for the benefit of the Secured Parties shall be of such priority as is permitted by such prior Lien), upon terms substantially the same as those set forth in the
Security Documents for Property of a similar type, and complete such other actions as would have been necessary to satisfy the conditions set forth in Section 4.01 of this Agreement or in the definition of First Amendment Effective Date Real
Property Requirements (as defined in the First Amendment) had such Property been owned thereby on the date of this Agreement or the First Amendment, as applicable. 
  

 7 

 2.4 Amendment to Section 6.01(e) (Indebtedness). Section 6.01(e) of the Credit Agreement
is hereby deleted and replaced in its entirety to read as follows: 
 (e) Guarantees by any Borrower Party of up to
(i) an aggregate of $7,500,000 of Indebtedness of the Sandhill Joint Venture outstanding at any time, and (ii) an additional aggregate $10,000,000 of Indebtedness of one or more Joint Ventures, including the Sandhill Joint Venture,
outstanding at any time; 
 2.5 Amendment to Section 6.01(g) (Indebtedness). Section 6.01(g) of the Credit Agreement is
hereby deleted and replaced in its entirety to read as follows: 
 (g) Indebtedness of any Borrower Party owing in connection
with deferred payments of insurance premiums; provided that all such Indebtedness of all Borrower Parties shall not exceed $15,000,000 outstanding at any one time; 
 2.6 Amendment to Section 6.01(h) (Indebtedness). Section 6.01(h) of the Credit Agreement is hereby deleted and replaced in its entirety to read as follows: 
 (h) Indebtedness not to exceed $20,000,000 in the aggregate outstanding at any one time consisting of Non-Recourse Obligations of a
Restricted Subsidiary assumed by such Restricted Subsidiary in connection with any Acquisition permitted pursuant to Section 6.05 (or, if such Restricted Subsidiary is acquired as part of such Acquisition, existing prior thereto); provided that
such Indebtedness exists at the time of such Acquisition at least in the amounts assumed in connection therewith and is not drawn down, created or increased in contemplation of or in connection with or subject to such Acquisition; 
 2.7 Amendment to Section 6.02(f) (Liens). Section 6.02(f) of the Credit Agreement is hereby amended by deleting the dollar amount
“$1,000,000” in clause (iv) thereof and replacing it with the dollar amount “$10,000,000”. 
 2.8 Amendment to
Section 6.03(b) (Fundamental Changes; Limitations on Business; Limited Purpose of the Parent). Section 6.03(b) of the Credit Agreement is hereby deleted and replaced in its entirety to read as follows: 
 (b) It will not and will not permit any of its subsidiaries or Joint Ventures to engage to any material extent in any business other than
(i) refining services, gathering, transporting (by barge, pipeline, ship, truck or other modes of transportation), terminalling, storing, producing, acquiring, developing, exploring for, processing, dehydrating, marketing, trading,
fractionating and otherwise handling hydrocarbons (including crude oil, natural gas, condensate, natural gas liquids, liquefied natural gas, and refined petroleum products), sulfur, sodium chloride, carbon dioxide, sodium hydrosulfide and caustic
soda, including constructing pipeline, platform, dehydration, processing and other related facilities, activities, services or derivative products related or ancillary thereto, (ii)

  

 8 

 
businesses of the type conducted by it and its subsidiaries and Joint Ventures as of the date of the First Amendment and businesses reasonably related
thereto, (iii) bulk commodity transportation that the Sellers or the Acquired Companies (each as defined in the Davison Contribution and Sale Agreement) have historically transported and (iv) any other businesses as long as the
consolidated total assets principally relating to such other businesses, taken together, would not constitute greater than 5% of consolidated total assets. 
 2.9 Amendment to Section 6.04(g) (Investments, Loans, Advances, and Guarantees). Section 6.04(g) of the Credit Agreement is hereby deleted and replaced in its entirety to read as follows: 

(g) Investments in Permitted Joint Ventures or Unrestricted Subsidiaries (in addition to the Investments described in clause
(b) above), in an amount not to exceed $10,000,000 in the aggregate during the term of this Agreement. 
 2.10 Amendment to
Section 6.06(h) (Sale of Assets). Section 6.06(h) of the Credit Agreement is hereby amended by deleting the dollar amount “$2,000,000” in the proviso thereto and replacing it with the dollar amount “$10,000,000”.

 2.11 Amendment to Section 6.12 (Creation of Subsidiaries). Clause (c) of Section 6.12 of the Credit Agreement is
hereby deleted and amended in its entirety to read as follows: 
 (c) any Foreign Subsidiary (other than the First Amendment
Foreign Subsidiaries (as such term is defined in the First Amendment)) without the prior written consent of the Required Lenders. 
 2.12
Amendment to Section 6.13 (Limitation on Leases). Section 6.13 of the Credit Agreement is hereby amended by deleting the dollar amount “$10,000,000” therein and replacing it with the dollar amount “$25,000,000”.

 2.13 Amendment to Section 6.18 (Control Agreements). Section 6.18 of the Credit Agreement is hereby deleted and replaced
in its entirety to read as follows: 
 Neither it nor any of its Restricted Subsidiaries shall open any deposit account,
securities account or commodities account without subjecting such account to a First Priority Lien in favor of the Administrative Agent for the benefit of the Secured Parties, pursuant to a Control Agreement in form and substance satisfactory to the
Administrative Agent; provided, that the Borrower shall be permitted to maintain the operating accounts set forth on Schedule 6.18 without subjecting such accounts to the requirements of this Section 6.18, subject to the
conditions and requirements set forth on such Schedule. 
 2.14 Amendment to Section 6.23 (Excess Cash). Section 6.23 of the
Credit Agreement is hereby amended by deleting the dollar amount “$10,000,000” in both places it appears therein and replacing it in each instance with the dollar amount “$20,000,000”. 
  

 9 

 2.15 Amendment to Section 7.01(k) (Events of Default). Section 7.01(k) of the Credit
Agreement is hereby amended by deleting the dollar amount “$2,000,000” in the first sentence thereof and replacing it with the dollar amount “$5,000,000”. 
 2.16 Amendment to Section 7.01(p) (Events of Default). Section 7.01(p) of the Credit Agreement is hereby amended by deleting the dollar
amount “$2,000,000” where it appears therein and replacing it with the dollar amount “$5,000,000”. 
 2.17 Amendment
to Schedules; Credit Agreement References. Each Schedule to the Credit Agreement is hereby replaced in its entirety by the corresponding Schedule to the Credit Agreement attached as Annex A hereto. Each reference in the Credit Agreement
to a Schedule or its contents (whether a Schedule to the Credit Agreement, the Guarantee and Collateral Agreement or the Perfection Certificate) “as of the Effective Date”, “on the Effective Date” or “dated the Effective
Date” is hereby amended to be a reference to such Schedule or its contents “as of the First Amendment Effective Date”. Each reference in the Credit Agreement to the Perfection Certificate “dated the Effective Date” is hereby
amended to be a reference to the Perfection Certificate “dated as of the First Amendment Effective Date.” Each reference in the Credit Agreement to Section 6.04(g)(i) is hereby amended to be a reference to Section 6.04(g).

 2.18 Consent and Waiver. (a) The Administrative Agent and the Required Lenders hereby waive compliance with the
Section 5.10 Timing Requirements as they would apply solely to the Genesis Alabama Real Property, subject to the following agreements made by the Borrower and the Parent: 
 (i) On or prior to the earliest of (A) the acquisition of substantially all of the Real Property necessary for the operation of the
Genesis Alabama Pipeline Project, (B) the completion of the Genesis Alabama Pipeline Project, and (C) March 31, 2008, the Borrower and the Parent shall fulfill all requirements of Section 5.10 in respect of the Genesis Alabama
Real Property (the date such requirements are so fulfilled, the “Genesis Alabama Real Property Compliance Date”). 
 (ii) At all times prior to the Genesis Alabama Real Property Compliance Date, Genesis Alabama shall not be permitted to have rights to any Real Property other than Real Property that is reasonably necessary for the construction and
operation of the Genesis Alabama Pipeline Project that has a collective value not in excess of $10,000,000. For purposes of the preceding sentence, the value of such Real Property will be determined based on its value at the time it is first
acquired by Genesis Alabama. 
 (iii) From and after the Genesis Alabama Real Property Compliance Date, the Borrower and the
Parent will comply with Section 5.10 with respect to all Genesis Alabama Real Property. 
 (b) The Administrative Agent
and the Required Lenders hereby waive compliance with Section 5.10 as it would apply to the Arkansas Real Property, but only for so long as the value of such Real Property does not exceed $200,000 in the aggregate. Within ten 

  

 10 

 
(10) days following the first date upon which the value of such Real Property exceeds $200,000 in the aggregate (such tenth (10th) day, the “Arkansas Real Property Compliance Date”), and at all times thereafter, the Borrower and the Parent will comply with Section 5.10 with respect
to such Arkansas Real Property. For purposes of the preceding sentence, the value of such Real Property will be determined based on its value at the time it is first acquired by a Borrower Party. 
 (c) In furtherance of this Section 2.18, any Section 5.10 Timing Requirements are hereby modified to require actions by the
Genesis Alabama Real Property Compliance Date (in the case of any Genesis Alabama Real Property) or the Arkansas Real Property Compliance Date (in the case of any Arkansas Real Property), instead of promptly, or by a specified date or within a
specified period, after an earlier date as may be otherwise specified in Section 5.10. 
 2.19 Amendment to Exhibit F (Form of
Perfection Certificate). Exhibit F to the Credit Agreement is hereby amended by deleting paragraph 16 thereof in its entirety and replacing it with new paragraph 16 as further described in clauses (a) and (b) below: 
 (a) From and including the First Amendment Effective Date until the date that is sixty (60) days after the First Amendment Effective
Date, paragraph 16 of any Perfection Certificate delivered by the Borrower Parties shall read as follows: 
 Vehicles.
Attached hereto as Schedule 16 is a substantially true and correct list of each Vehicle (as defined in the Guarantee and Collateral Agreement) other than Excluded Vehicles (as defined in the Guarantee and Collateral Agreement) owned by a Borrower
Party as of the date hereof, together with the owner of each such Vehicle, the model year of such Vehicle, the VIN number of such Vehicle, and an indication of whether such Vehicle is a tractor, trailer or “private passenger” Vehicle. On
or before the date that is sixty (60) days after the First Amendment Effective Date, the undersigned will correct, supplement or amend such list to be true and correct in all respects and to additionally include the jurisdiction where each such
Vehicle is titled. Notwithstanding the foregoing, no Vehicle that was owned by the Borrower Parties prior to the consummation of the Davison Acquisition shall be required to be listed on Schedule 16. 
 (b) At all times after the date that is sixty (60) days after the First Amendment Effective Date, paragraph 16 of any Perfection
Certificate delivered by the Borrower Parties shall read as follows: 
 Vehicles. Attached hereto as Schedule 16 is a
true and correct list of each Vehicle (as defined in the Guarantee and Collateral Agreement) other than Excluded Vehicles (as defined in the Guarantee and Collateral Agreement) owned by a Borrower Party as of the date hereof, together with the owner
of each such Vehicle, the model year of such Vehicle, the VIN number of such Vehicle, the jurisdiction where each such Vehicle is titled, and an indication of whether such Vehicle is a tractor, trailer or “private passenger” Vehicle.
Notwithstanding the foregoing, no Vehicle that was owned by the Borrower Parties prior to the consummation of the Davison Acquisition shall be required to be listed on Schedule 16. 
  

 11 

 Section 3. Amendments to Guarantee and Collateral Agreement. 
 3.1 Amendment to Section 5.08 (Instruments and Chattel Paper). Section 5.08 of the Guarantee and Collateral Agreement is hereby amended
by deleting the dollar amount “$50,000” in the first sentence thereof and replacing it with the dollar amount “$200,000”. 
 3.2 Amendment to Section 5.12 (Vehicles). Section 5.12 of the Guarantee and Collateral Agreement is hereby deleted in its entirety. 
 3.3 Amendment to Section 6.14 (Commercial Tort Claims). Section 6.14 of the Guarantee and Collateral Agreement is hereby amended by deleting the dollar amount “$25,000” in clause
(i) thereof and replacing it with the dollar amount “$2,000,000”. 
 3.4 New Section 6.16 (Vehicles). A new
Section 6.16 is hereby added to the Guarantee and Collateral Agreement to read as follows: 
 Vehicles.
(a) On or prior to the date that is one-hundred twenty (120) days after the First Amendment Effective Date, as such date may be extended in accordance with item 4 on Schedule 5.14 to the Credit Agreement (the “Vehicle Perfection
Date”), each Grantor shall have taken all necessary or desirable actions (collectively, “Vehicle Perfection Actions”) in order to grant to the Administrative Agent, for the benefit of the Secured Parties, a first priority
perfected Lien on all Vehicles required to be listed on Schedule 16 to the Perfection Certificate as of the First Amendment Effective Date, and all Vehicles listed on any corrected, supplemented or amended list permitted to be delivered prior
to the date that is sixty (60) days after the First Amendment Effective Date in accordance with such Perfection Certificate other than (i) Vehicles with a model year of 1997 or older and (ii) private passenger Vehicles that are not
tractors or trailers ((i) and (ii), together, the “Excluded Vehicles”). The Vehicle Perfection Actions may include delivering to the Administrative Agent originals of the certificates of title or ownership for the motor vehicles
owned by a Grantor with the Administrative Agent listed as lienholder therein, and such other actions as may be required by applicable Governmental Requirements. 
 (b) With respect to each date after the First Amendment Effective Date on which the Parent or the Borrower delivers a new, amended,
restated, revised or otherwise modified Perfection Certificate or supplement thereto, by the later of (i) 60 days after such date and (ii) the Vehicle Perfection Date, each Grantor shall take the Vehicle Perfection Actions with respect to
all Vehicles required to be listed on Schedule 16 to the Perfection Certificate as so modified, other than Excluded Vehicles. The Grantors shall also take such further actions as may be reasonably requested by the Administrative Agent from
time to time to maintain the Administrative Agent’s first priority perfected Lien in those Vehicles that are subject to Vehicle Perfection Actions. 
  

 12 

 (c) Upon the occurrence and during the continuance of an Event of Default, upon the
request of the Administrative Agent, each Grantor shall take all additional actions with respect to all Vehicles (including Excluded Vehicles and other Vehicles not previously required to be listed on Schedule 16 to the Perfection
Certificate) of any Borrower Party as the Administrative Agent or any Secured Party shall request in its sole discretion. The cost and expense of taking Vehicle Perfection Actions shall be borne in each instance solely by the Grantors. 

3.5 Amendment to Schedules; Guarantee and Collateral Agreement References. Each Schedule to the Guarantee and Collateral Agreement is hereby
replaced in its entirety by the corresponding Schedule to the Guarantee and Collateral Agreement attached as Annex B hereto. Each reference in the Guarantee and Collateral Agreement to a Schedule or its contents (whether a Schedule to the Credit
Agreement, the Guarantee and Collateral Agreement or the Perfection Certificate) “as of the Effective Date” is hereby amended to be a reference to such Schedule or its contents “as of the First Amendment Effective Date”.

 Section 4. Conditions Precedent. This First Amendment shall not become effective until the date (the “First Amendment Effective
Date”) on which each of the following conditions is satisfied (or waived in accordance with Section 10.02 of the Credit Agreement) (and for the avoidance of doubt, the parties understand that Section 5.4 of this First Amendment
applies to the conditions set forth in this Section 4): 
 (a) The Administrative Agent shall have received a certificate
of an Authorized Officer of the Parent certifying: (i) that the Davison Acquisition will be consummated concurrently with the effectiveness of this First Amendment and substantially in accordance with the terms of the Davison Acquisition
Documents (with all of the material conditions precedent thereto having been satisfied in all material respects by the parties thereto) and in all material respects in accordance with all applicable Governmental Requirements and (ii) that
attached thereto are true and complete executed copies of the Davison Acquisition Documents. 
 (b) The Administrative Agent
shall have received (i) a certificate of a Responsible Officer of the Parent satisfying the requirements of clause (k) of the definition of Permitted Acquisition with respect to both the Davison Acquisition and the Port Hudson Acquisition
and (ii) the calculations required by clause (e)(iv) of the definition of Permitted Acquisition. With respect to the Davison Acquisition, the Administrative Agent and the Lenders, as applicable, shall be satisfied with all other documentation
required to be delivered to it and the Lenders pursuant to the definition of “Permitted Acquisition”. 
 (c) The
Administrative Agent shall have received from the Lenders required by the Credit Agreement, the Issuing Banks, the Parent, the Borrower and each Guarantor, executed counterparts (in such number as may be requested by the Administrative Agent) of
this First Amendment and all schedules, exhibits and annexes to the foregoing. 
  

 13 

 (d) The Administrative Agent shall have received (a) duly executed counterparts (in
such number as may be requested by the Administrative Agent) of an assumption agreement to the Guarantee and Collateral Agreement (the “Assumption Agreement”) executed by each Additional Guarantor substantially in the form of Annex
I to the Guarantee and Collateral Agreement and (b) the certificate or certificates, if any, representing the Equity Interests pledged pursuant to the Guarantee and Collateral Agreement and such Assumption Agreement, together with an undated
stock power or equivalent for each such certificate executed in blank by a Responsible Officer of the pledgor thereof. 
 (e)
The Administrative Agent shall have received a completed Perfection Certificate in respect of each Borrower Party, dated the First Amendment Effective Date and executed by a Responsible Officer of the Parent, together with all attachments
contemplated thereby, including (i) certified copies of UCC, Tax and judgment Lien searches, bankruptcy and pending lawsuit searches or equivalent reports or searches, each of a recent date listing all effective financing statements, Lien
notices or comparable documents that name any Additional Guarantor as debtor or list any Subject Assets or Port Hudson Assets as collateral thereon (except that such requirements shall not apply to assets that are, taken as a whole, immaterial to
the Borrower’s Business, subject to compliance with Section 6.02, or to assets of First Amendment Unrestricted Subsidiaries) and that are filed in the state and county jurisdiction in which any Additional Guarantor is organized, maintains
its principal place of business or in which Additional Guarantor owns property or in which any Subject Assets or Port Hudson Assets are located (except that such requirements shall not apply to assets that are, taken as a whole, immaterial to the
Borrower’s Business, subject to compliance with Section 6.02, or to assets of First Amendment Unrestricted Subsidiaries) and such other searches that the Administrative Agent deems necessary or appropriate, (ii) substantially all UCC
termination statements (or similar documents) duly authorized or executed, as appropriate, by all applicable Persons for filing in all applicable jurisdictions as may be necessary to terminate any effective Mortgages or UCC financing statements (or
equivalent filings) disclosed in such search, including with respect to any Liens on any Subject Assets or Port Hudson Assets or the property of any Additional Guarantor (except that such requirements shall not apply to assets that are, taken as a
whole, immaterial to the Borrower’s Business, subject to compliance with Section 6.02, or to assets of First Amendment Unrestricted Subsidiaries) and (iii) such other information with respect to the Borrower Parties required pursuant
to Section 5.10(a) of the Credit Agreement. 
 (f) The Administrative Agent, the Arrangers and the Lenders shall have
received all fees and other amounts due and payable on or prior to the First Amendment Effective Date (including the Committed Amount Increase Fee), including, to the extent invoiced, reimbursement or payment of all out of pocket expenses required
to be reimbursed or paid by the Borrower hereunder. 
 (g) The Administrative Agent shall have received a favorable written
opinion (addressed to the Administrative Agent and the Lenders and dated the First Amendment Effective Date) of (i) Akin Gump Strauss Hauer & Feld LLP, counsel for the Borrower Parties, International Holdco and South America Holdco,
substantially in the form of Exhibit A, and covering such other matters relating to the Borrower Parties, International Holdco, South 

  

 14 

 
America Holdco, the Credit Agreement, the First Amendment, or the other Loan Documents being executed in connection therewith as the Required Lenders shall
reasonably request, (ii) McDavid, Noblin & West pllc, counsel to Genesis Pipeline Alabama, LLC, in form and substance reasonably satisfactory to the Administrative Agent and (iii) the Persons described in clause (a)(iii) of the
definition of “First Amendment Effective Date Real Property Requirements” with respect to Real Property acquired in the Davison Acquisition or the Port Hudson Acquisition, which opinions shall also cover matters relating to Additional
Guarantors organized in the applicable jurisdiction, all in form and substance reasonably satisfactory to the Administrative Agent. 
 (h) The Administrative Agent shall have received the following, in each case in form and substance satisfactory to the Arrangers and their counsel: (i) copies of each Organizational Document of each Additional Guarantor and First
Amendment Unrestricted Subsidiary, and, to the extent applicable, certified as of a recent date by the appropriate governmental official, each dated the First Amendment Effective Date or a recent date prior thereto, (ii) signature and
incumbency certificates of the officers of each Additional Guarantor executing any Loan Document on behalf of such Borrower Party or the General Partner, (iii) resolutions of the board of directors or similar governing body of each Borrower
Party or the General Partner or such Borrower Party’s general partner approving and authorizing the execution, delivery and performance of this Agreement and the other Loan Documents to which such Person is becoming a party or by which its
assets may be bound as of the First Amendment Effective Date certified by its secretary or any assistant secretary as being in full force and effect without modification or amendment; (iv) a good standing certificate from the applicable
Governmental Authority of each Additional Guarantor’s jurisdiction of organization or formation and in each jurisdiction in which such Additional Guarantor is qualified as a foreign corporation or other entity to do business, each dated a
recent date prior to the First Amendment Effective Date; and (v) such other documents as the Administrative Agent may reasonably request. 
 (i) The organizational structure of the Parent and the Subsidiaries, both before and after giving effect to the Davison Acquisition, shall be reasonably satisfactory to the Administrative Agent. 
 (j) The Administrative Agent shall have received a certificate, dated the First Amendment Effective Date and signed by the President, a
Vice President or a Financial Officer of the Borrower, confirming compliance with the conditions set forth in paragraphs (a) and (b) of Section 4.02 and certifying compliance with Section 3.17 as of the First Amendment Effective
Date after giving effect to the Loans used to fund the Davison Acquisition and the other transactions contemplated by this First Amendment. 
 (k) The Administrative Agent shall have received reasonable satisfactory evidence that (i) all Indebtedness for borrowed money owing by any Acquired Company has been paid in full and all commitments and
obligations thereunder shall have been terminated and (ii) no other Additional Guarantor has any Indebtedness for borrowed money outstanding. 
 (l) The Administrative Agent shall have received a certificate of a Responsible Officer of the Borrower either (i) attaching copies of all consents, licenses and 

  

 15 

 
approvals required in connection with the execution, delivery and performance by and the validity against each Borrower Party of this First Amendment and the
Loan Documents being executed in connection therewith and to which it is a party and such consents, licenses and approvals shall be in full force and effect, or (ii) stating that no such consents, licenses or approvals are so required.

 (m) The Administrative Agent shall have received a certificate of a Responsible Officer of the Borrower either
(i) attaching copies of all material consents, licenses and approvals required in connection with the execution, delivery and performance by and the validity against each Borrower Party of the Davison Acquisition Documents and such consents,
licenses and approvals shall be in full force and effect, or (ii) stating that no such consents, licenses or approvals are so required. 
 (n) The Administrative Agent shall have received a letter duly executed and delivered by the Process Agent dated on or prior to the First Amendment Effective Date pursuant to which it accepts its appointment as
Process Agent for the Additional Guarantors (and any other Borrower Party not previously covered by such a letter) under the Credit Agreement and the other Loan Documents, which letter may be an addendum to the letter previously delivered on the
Effective Date. 
 (o) All other Subject Assets, or assets of an Additional Guarantor, or Port Hudson Assets in which the
Administrative Agent shall, at such time, be entitled to have a Lien in its favor for the benefit of the Secured Parties pursuant to any Loan Document shall have been physically delivered to the possession of the Administrative Agent or any bailee
accepted by the Administrative Agent to the extent that such possession is necessary or desirable for the purpose of perfecting the Administrative Agent’s Lien in such Collateral for the benefit of the Secured Parties. 
 (p) In respect of the Davison Acquisition, the Arrangers shall have received and shall be satisfied with the financial statements,
projections and calculations referred to in clauses (d), (e)(i) and (e)(iv) of the definition of Permitted Acquisition. 
 (q)
In respect of the Davison Acquisition, the Administrative Agent (and, with respect to clause (i), if requested by a Lender, each such Lender) shall have received and be reasonably satisfied with (i) all existing reports and similar documents of
the Parent, the Subsidiaries, the Acquired Companies and the Subject Assets relating to environmental matters, other than such documents that are either (A) immaterial or (B) solely ministerial and ordinary course in nature and
(ii) any additional such reports that may have been reasonably requested by the Administrative Agent. 
 (r) The
Administrative Agent shall have received and be reasonably satisfied with copies of all Material Agreements related to the Davison Acquisition or the Subject Assets that are in effect on the First Amendment Effective Date. 
 (s) Subject to Section 2.18(b) of this First Amendment, the Parent and the Subsidiaries shall have complied with the First Amendment
Effective Date Real Property 

  

 16 

 
Requirements with respect to the Subject Assets or the Port Hudson Assets that are Real Property to the satisfaction of the Administrative Agent;
provided, that this condition shall not apply to Real Property of the First Amendment Unrestricted Subsidiaries. 
 (t)
The Parent and the Subsidiaries shall have paid or made arrangements to pay all applicable recording taxes, fees, charges, costs and expenses required for the recording of the Security Documents to be executed in connection with this First
Amendment. 
 (u) The Administrative Agent shall have received a duly executed and delivered Borrowing Request in compliance
with Section 2.03 of the Credit Agreement. 
 (v) The Administrative Agent shall have received a duly executed and
delivered Borrowing Base Multiple Increase Notice in compliance with Section 2.04 of the Credit Agreement. 
 (w) The
Administrative Agent shall have received a duly executed and delivered Borrowing Base Certification in compliance with Section 5.01(g) of the Credit Agreement. 
 (x) The Administrative Agent shall have received such other documents as the Administrative Agent or special counsel to the Administrative
Agent may reasonably request. 
 The Administrative Agent shall notify the Borrower and the Lenders of the First Amendment Effective Date, and such notice
shall be conclusive and binding. Notwithstanding the foregoing, the obligations of the Lenders to make Loans and of any Issuing Bank to issue Letters of Credit in connection with this First Amendment, and this First Amendment in its entirety, shall
not become effective unless each of the foregoing conditions is satisfied (or waived pursuant to Section 10.02 of the Credit Agreement) at or prior to 3:00 p.m., New York City time, on July 25, 2007. 
 Without limiting the generality of the provisions of Article IX of the Credit Agreement, for purposes of determining compliance with the conditions specified in this
Section 4, each Lender that has signed this First Amendment shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or
satisfactory to the Administrative Agent, the Arrangers, the Issuing Banks or the Lenders unless the Administrative Agent shall have received notice from such Lender prior to the proposed First Amendment Effective Date specifying its objection
thereto. 
 Section 5. Miscellaneous. 
 5.1 Increase of Committed Amount Pursuant to Section 2.05. Pursuant to Section 2.05, the Borrower has previously delivered to the Administrative Agent a Committed Amount Change Certificate requesting that the aggregate
Committed Amount be increased to $500,000,000. Effective on the First Amendment Effective Date: (a) the aggregate Committed Amount shall be increased to $500,000,000 and (b) the Commitment of each Lender shall, 

  

 17 

 
without any further action (including, without the execution of any Assignment and Assumption or any other documentation or the payment of any processing and
recordation fee to the Administrative Agent), become the Commitment specified for such Lender on the attached Schedule 2.01 to the Credit Agreement. For the avoidance of doubt, in respect of the Committed Amount increase described by this
Section 5.1 and in respect of the Davison Acquisition, each of the Administrative Agent, the Issuing Banks, the Lenders and the Borrower Parties hereby waives noncompliance with all timing requirements for notices to be delivered pursuant to
Section 2.05 or the definition of Permitted Acquisition (but not delivery of the notices themselves, which shall be delivered prior to or on the First Amendment Effective Date). Except as expressly waived pursuant to the immediately preceding
sentence, the provisions of Section 2.05 and the definition of Permitted Acquisition shall otherwise apply. 
 5.2 Confirmation.
The provisions of the Loan Documents, as amended by this First Amendment, shall remain in full force and effect in accordance with their terms following the effectiveness of this First Amendment. 
 5.3 Ratification and Affirmation; Representations and Warranties. Each Borrower Party hereby (a) ratifies and affirms its obligations under,
and acknowledges, renews and extends its continued liability under, each Loan Document to which it is a party and agrees that each Loan Document to which it is a party remains in full force and effect, except as expressly amended hereby,
notwithstanding the amendments contained herein and (b) represents and warrants to the Lenders that as of the date hereof, after giving effect to the terms of this First Amendment: (i) all of the representations and warranties contained in
each Loan Document to which it is a party are true and correct, except to the extent any such representations and warranties are expressly limited to an earlier date, in which case, such representations and warranties shall continue to be true and
correct as of such specified earlier date as supplemented or subject to such qualifications as are set forth in the applicable Schedule(s) as of the Effective Date (provided, that with respect to the representations and warranties set forth in
Section 3.14, 3.18(a) and 3.20 that are expressly limited to the Effective Date, such representations and warranties are true and correct as of the First Amendment Effective Date without giving effect to such limitation as supplemented or
subject to such qualifications as are set forth in the applicable Schedule(s) as of the First Amendment Effective Date) and (ii) no Default has occurred and is continuing. 
 5.4 Borrower Parties. All references to the Borrower Parties and Subsidiaries in this First Amendment shall be deemed to be references to the
Borrower Parties and Subsidiaries immediately after consummation of the Davison Acquisition. In furtherance of this and for the avoidance of doubt, each reference to the “Borrower Parties” and the “Subsidiaries” in this First
Amendment shall be deemed to include each Additional Guarantor and each reference to the “Subsidiaries” shall also be deemed to include each First Amendment Unrestricted Subsidiary, each reference to the “Additional Guarantors”
shall be deemed to include each Acquired Company, and each reference to any assets of any Borrower Party shall be deemed to include any assets acquired by such Borrower Party in connection with the Davison Acquisition or the Port Hudson Acquisition.
As of the First Amendment Effective Date, each Additional Guarantor shall be a “Borrower Party” and “Subsidiary” as defined in the Credit Agreement. The Borrower represents that (i) each Additional Guarantor is a Restricted
Subsidiary as of the First 

  

 18 

 
Amendment Effective Date and (ii) after giving effect to the Davison Acquisition, the Subject Assets will be owned by Additional Guarantors or First
Amendment Foreign Subsidiaries. 
 5.5 Designation of Unrestricted Subsidiaries. Pursuant to the requirements set forth in the
definition of “Unrestricted Subsidiary” in the Credit Agreement, the Borrower hereby designates the First Amendment Unrestricted Subsidiaries as Unrestricted Subsidiaries, each of which shall become a Subsidiary on and as of the First
Amendment Effective Date. The Borrower represents and warrants as of the date hereof that none of the First Amendment Unrestricted Subsidiaries (a) has acquired any assets from the Borrower or any Restricted Subsidiary, or (b) has any
Indebtedness, Guarantee obligations or other obligations other than Non-Recourse Obligations, except as expressly permitted pursuant to Sections 5.13(c) and 6.04(g). 
 5.6 Credit Document. This First Amendment and each agreement, instrument, certificate or document executed by the Borrower Parties or any of their respective officers in connection therewith are “Loan
Documents” as defined and described in the Credit Agreement and all of the terms and provisions of the Loan Documents relating to other Loan Documents shall apply hereto and thereto. 
 5.7 Security Document. The Assumption Agreement, Mortgages, Control Agreements, Perfection Certificate, and all other agreements, documents,
instruments or certificates executed by the General Partner or any Borrower Party or any of their respective officers in connection with securing the Obligations under the Loan Documents which are delivered pursuant to Section 4 of this First
Amendment (including those delivered pursuant to Schedule 5.14) are “Security Documents” as defined and described in the Credit Agreement and all of the terms and provisions of the Loan Documents applying to Security Documents shall apply
thereto. 
 5.8 Counterparts. This First Amendment may be executed by one or more of the parties hereto in any number of separate
counterparts, and all of such counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of this First Amendment by facsimile transmission shall be effective as delivery of a manually executed counterpart hereof.

 5.9 NO ORAL AGREEMENT. THIS FIRST AMENDMENT, THE CREDIT AGREEMENT AND THE OTHER LOAN DOCUMENTS EXECUTED IN CONNECTION HEREWITH AND
THEREWITH REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR UNWRITTEN ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO SUBSEQUENT ORAL AGREEMENTS BETWEEN THE PARTIES. 
 5.10 GOVERNING LAW. THIS FIRST AMENDMENT (INCLUDING, BUT NOT LIMITED TO, THE VALIDITY AND ENFORCEABILITY HEREOF) SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
  

 19 

 [SIGNATURES BEGIN NEXT PAGE] 
  

 20 

 IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be duly executed as of the
date first written above. 
  

					
	BORROWER:
	
	GENESIS CRUDE OIL, L.P.
		
	By:	 	GENESIS ENERGY, INC., its general partner
			
		 	By:	 	/s/ Ross A. Benavides
		 		 	Ross A. Benavides, Chief Financial Officer

  

					
	PARENT:
	
	GENESIS ENERGY, L.P.
		
	By:	 	GENESIS ENERGY, INC., its general partner
			
		 	By:	 	/s/ Ross A. Benavides
		 		 	Ross A. Benavides, Chief Financial Officer

 Signature Page to First Amendment 

					
	GUARANTORS:
	
	GENESIS ENERGY, L.P.
		
	By:	 	GENESIS ENERGY, INC., its general partner
			
		 	By:	 	/s/ Ross A. Benavides
		 		 	Ross A. Benavides, Chief Financial Officer

  

					
	
	GENESIS PIPELINE TEXAS, L.P.
		
	By:	 	GENESIS ENERGY, INC., its general partner
			
		 	By:	 	/s/ Ross A. Benavides
		 		 	Ross A. Benavides, Chief Financial Officer

  

					
	
	GENESIS PIPELINE USA, L.P.
		
	By:	 	GENESIS ENERGY, INC., its general partner
			
		 	By:	 	/s/ Ross A. Benavides
		 		 	Ross A. Benavides, Chief Financial Officer

 Signature Page to First Amendment 

					
	
	GENESIS CO2 PIPELINE, L.P.
		
	By:	 	GENESIS ENERGY, INC., its general partner
			
		 	By:	 	/s/ Ross A. Benavides
		 		 	Ross A. Benavides, Chief Financial Officer

  

					
	
	GENESIS NATURAL GAS PIPELINE, L.P.
		
	By:	 	GENESIS ENERGY, INC., its general partner
			
		 	By:	 	/s/ Ross A. Benavides
		 		 	Ross A. Benavides, Chief Financial Officer

  

					
	
	GENESIS SYNGAS INVESTMENTS, L.P.
		
	By:	 	GENESIS ENERGY, INC., its general partner
			
		 	By:	 	/s/ Ross A. Benavides
		 		 	Ross A. Benavides, Chief Financial Officer

  

					
	
	GENESIS ENERGY FINANCE CORPORATION
			
		 	By:	 	/s/ Ross A. Benavides
		 		 	Ross A. Benavides, Chief Financial Officer

  

					
	
	GENESIS PIPELINE ALABAMA, LLC
			
		 	By:	 	/s/ Ross A. Benavides
		 		 	Ross A. Benavides, Chief Financial Officer

 Signature Page to First Amendment 

			
	ADMINISTRATIVE AGENT, ARRANGER AND LENDER:
	
	FORTIS CAPITAL CORP.
		
	By:	 	/s/ Alison B. Barber
	Name:	 	Alison B. Barber
	Title:	 	Vice President
		
	By:	 	/s/ Gloria Beloti-Fields
	Name:	 	Gloria Beloti-Fields
	Title:	 	Vice President

  

			
	ISSUING BANK:
	
	FORTIS BANK S.A./N.V., NEW YORK BRANCH
		
	By:	 	/s/ Jeanne Feldhhusen
	Name:	 	Jeanne Feldhusen
	Title:	 	Managing Director
		
	By:	 	/s/ John Riga
	Name:	 	John Riga
	Title:	 	CFO

  

			
	ARRANGER:
	
	DEUTSCHE BANK SECURITIES INC.
		
	By:	 	/s/ Russell A Johnson
	Name:	 	Russell A Johnson
	Title:	 	Director
		
	By:	 	/s/ Jon R. Marintzy
	Name:	 	Jon R. Marintzy
	Title:	 	Director

 [Signature Page to First Amendment to Credit Agreement and Guarantee and Collateral
Agreement] 

			
	LENDER:
	
	DEUTSCHE BANK TRUST COMPANY AMERICAS
		
	By:	 	/s/ Evelyn Thierry
	Name:	 	Evelyn Thierry
	Title:	 	Vice President
		
	By:	 	/s/ Omayra Laucella
	Name:	 	Omayra Laucella
	Title:	 	Vice President

  

			
	ISSUING BANK AND LENDER:
	
	BANK OF AMERICA, N.A.
		
	By:	 	/s/ Stephen J. Hoffman
	Name:	 	Stephen J. Hoffman
	Title:	 	Managing Director

  

			
	LENDER:
	
	U.S. BANK NATIONAL ASSOCIATION
		
	By:	 	/s/ Heather Han
	Name:	 	Heather Han
	Title:	 	Assistant Vice President
	
	WACHOVIA BANK, NATIONAL ASSOCIATION
		
	By:	 	/s/ Chris Hewitt
	Name:	 	Chris Hewitt
	Title:	 	Vice President

 [Signature Page to First Amendment to Credit Agreement and Guarantee and Collateral
Agreement] 

			
	BANK OF SCOTLAND
		
	By:	 	/s/ Peggy Ngai
	Name:	 	Peggy Ngai
	Title:	 	Assistant Vice President
	
	BMO CAPITAL MARKETS FINANCING, INC.
		
	By:	 	/s/ James B. Whitmore
	Name:	 	James B. Whitmore
	Title:	 	Managing Director

  

			
	COMERICA BANK
		
	By:	 	/s/ Josh Strong
	Name:	 	Josh Strong
	Title:	 	Assistant Vice President

  

			
	GUARANTY BANK
		
	By:	 	/s/ Jim R. Hamilton
	Name:	 	Jim R. Hamilton
	Title:	 	Senior Vice President

  

			
	ROYAL BANK OF CANADA
		
	By:	 	/s/ Jason S. York
	Name:	 	Jason S. York
	Title:	 	Authorized Signatory

 [Signature Page to First Amendment to Credit Agreement and Guarantee and Collateral
Agreement] 

			
	SUNTRUST BANK
		
	By:	 	/s/ Carmen J. Malizia
	Name:	 	Carmen J. Malizia
	Title:	 	Vice President

  

			
	AMEGY BANK NATIONAL ASSOCIATION
		
	By:	 	/s/ W. Bryan Chapman
	Name:	 	W. Bryan Chapman
	Title:	 	Senior Vice President

  

			
	STERLING BANK
		
	By:	 	/s/ David W. Phillips
	Name:	 	David W. Phillips
	Title:	 	Senior Vice President

  

			
	UNION BANK OF CALIFORNIA, N.A.
		
	By:	 	/s/ Alison Fuqua
	Name:	 	Alison Fuqua
	Title:	 	Assistant Vice President

 [Signature Page to First Amendment to Credit Agreement and Guarantee and Collateral
Agreement]

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