Document:

EX-10.3

 Exhibit 10.3 

FORM OF 
 OMNIBUS
AGREEMENT 
 This Omnibus Agreement (“Agreement”) is entered into on, and effective as of, the Closing Date,
among BP Pipelines (North America) Inc., a Maine corporation (“BP Pipelines”), BP Midstream Partners LP, a Delaware limited partnership (the “Partnership”), BP Midstream Partners GP LLC, a Delaware
limited liability company and the general partner of the Partnership (the “General Partner”), and, solely for purposes of Articles 4 and 6, BP America Inc., a Delaware corporation
(“BP”). 
 RECITALS 

1.    The Parties desire by their execution of this Agreement to evidence their understanding, as more fully set forth in
Articles 2 and 5, with respect to certain indemnification obligations of the Parties to each other and related to the assets that are directly or indirectly conveyed, contributed or otherwise transferred to any member of the
Partnership Group under the Contribution Agreement or owned by, leased by, or otherwise held for the operation of the business, properties or assets of, any member of the Partnership Group as of the Closing Date (the “Contributed
Assets”). 
 2.    The Parties desire by their execution of this Agreement to evidence their understanding,
as more fully set forth in Articles 3 and 5, with respect to (i) the reimbursement by the Partnership for the Services related to (A) the Contributed Assets and (B) other assets that may be directly or indirectly
conveyed, contributed, otherwise transferred to, or are acquired by, owned by, leased by, or otherwise held for the operation of the business, properties or assets of, any member of the Partnership Group from time to time (collectively and including
the Contributed Assets, the “Partnership Assets”) and (ii) the limitation of duties, liability and indemnification related to the Services. 

3.    The Parties desire by their execution of this Agreement to evidence their understanding, as more fully set forth in
Article 4, with respect to the granting of a trademark license from BP and its Affiliates to the Partnership Group. 

4.    The Parties desire by their execution of this Agreement to evidence their understanding, as more fully set forth in
Article 6, with respect to the Partnership Group’s right of first offer with respect to the Subject Assets (as defined herein). 

In consideration of the promises and the covenants, conditions, and agreements contained herein, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows: 
 ARTICLE 1 

Definitions 

1.1    Definitions. As used in this Agreement (including the Recitals, which are incorporated herein for all
purposes) the following terms shall have the meanings set forth below: 
 “Affiliate” is defined in the Partnership
Agreement. 
 “Asset Contribution Deductible” is defined in Section 2.5(h). 

“BP Administrative Fee” is defined in Section 3.2(b). 

“BP D&O Cost” is defined in Section 3.2(b). 

  
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 “BP D&O Services” is defined in
Section 3.1(a). 
 “BP G&A Services” is defined in
Section 3.1(a). 
 “BP License” is defined in Section 4.1. 

“BP Marks” is defined in Section 4.1. 

“BP Operating Cost” is defined in Section 3.2(b). 

“BP Operating Personnel” is defined in Section 3.1(d). 

“BP Operating Personnel Services” is defined in Section 3.1(a). 

“BP Pipelines Entities” means, collectively and individually, BP Pipelines and each of its Affiliates, other than the
General Partner and the members of the Partnership Group. 
 “BP Pipelines Parties” means, collectively and
individually, the BP Pipelines Entities (including any of their respective successors and permitted assigns) and their respective employees, officers, members, managers, directors, agents, contractors, subcontractors, invitees and representatives,
but excluding agents, contractors, subcontractors, invitees and representatives retained by and in the name of any of the BP Pipelines Entities as part of the Third-Party Operating Services or the Third-Party G&A Services but for the direct
benefit of and as agent for any of the Partnership Entities or the General Partner in accordance with Section 3.1(b). 

“BP2” refers to the BP#2 crude oil pipeline system and related assets. 

“BP2 OpCo” refers to BP Two Pipeline Company LLC, a Delaware limited liability company, which owns BP2. 

“Business Day” means each calendar day other than a Saturday, Sunday or a day that is an official holiday in the State
of Texas. 
 “Caesar” refers to Caesar Oil Pipeline Company, LLC, a Delaware limited liability company, and the
pipeline system and related assets owned by such entity. 
 “Cleopatra” refers to Cleopatra Gas Gathering Company,
LLC, a Delaware limited liability company, and the pipeline system and related assets owned by such entity. 
 “Closing
Date” means [            ], 2017. 
 “Confidential
Information” means any materials, information and data that is disclosed by or on behalf of a Disclosing Party or its Representatives to a Receiving Party or its Representatives, or which is learned or observed by the Receiving Party or
its Representatives, in connection with any part of this Agreement (including the indemnification, provision of services and licensing of trademarks contemplated hereby), including trade secrets, know-how,
scientific or technical information, design, invention, process, procedure, formula, improvements, product planning information, marketing strategies, financial information, information regarding operations, contracts and contract-related
information, consumer and/or customer relationships, consumer and/or customer identities and profiles, employee records and/or personal data, sales estimates, business plans, and internal performance results relating to the past, present or future

  
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business activities of the Disclosing Party or the Affiliates of such Disclosing Party and the consumers, customers, clients and suppliers of any of the foregoing. Confidential Information
includes such information as may be contained in or embodied by documents, substances, engineering and laboratory notebooks, reports, data, specifications, computer source code and object code, flow charts, databases, drawings, pilot plants or
demonstration or operating facilities, diagrams, specifications, bills of material, equipment, prototypes and models, and any other tangible manifestation (including data in computer or other digital format) of the foregoing; provided,
however, that Confidential Information does not include information that a Receiving Party can show (a) is or has subsequently become available to the general public as part of the public domain without a breach of this Agreement by the
Receiving Party or its Representatives, (b) has been furnished or made known to the Receiving Party or its Representatives without any obligation to keep it confidential by a third party under circumstances which are not known to the Receiving
Party or its Representatives to involve a breach of the third party’s confidentiality or non-use obligations, or (c) was developed by the Receiving Party or its Representatives independently of
information furnished or made available to the Receiving Party or its Representatives in accordance with this Agreement. 

“Contributed Assets” is defined in the Recitals hereto. 

“Contribution Agreement” means that certain Contribution, Assignment and Assumption Agreement, dated as of the Closing
Date, among the General Partner, the Partnership and BP Pipelines, together with the additional conveyance documents and instruments contemplated thereunder, as such may be amended, supplemented or restated from time to time. 

“Covered Environmental Losses” is defined in Section 2.1(a). 

“Covered Right-of-Way and Permits
Losses” is defined in Section 2.2. 
 “Diamondback” refers to the Diamondback
diluent pipeline system and related assets. 
 “Diamondback OpCo” refers to BP
D-B Pipeline Company LLC, a Delaware limited liability company, which owns Diamondback. 

“Disclosing Party” means, as applicable in a given case, either: 

 

	 	(a)	any BP Pipelines Entity in its capacity as a party whose Confidential Information is being disclosed by it or on its behalf to any member of the Partnership Group or whose Confidential Information is being observed or
learnt by any member of the Partnership Group; or 

  

	 	(b)	a member of the Partnership Group in its capacity as a party whose Confidential Information is being disclosed by it or on its behalf to any BP Pipelines Entity or whose Confidential Information is being observed or
learnt by any BP Pipelines Entity, 

 in each case in connection with any part of this Agreement, including the
indemnification, provision of services and licensing of trademarks contemplated hereby. 
 “Endymion” refers to
Endymion Oil Pipeline Company, LLC, a Delaware limited liability company, and the pipeline system and related assets owned by such entity. 

  
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 “Environmental Deductible” is defined in
Section 2.5(d). 
 “Environmental Laws” means all federal, state, and local laws,
statutes, rules, regulations, orders, judgments, ordinances, codes, injunctions, decrees, Environmental Permits and other legally enforceable requirements and rules of common law relating to pollution or protection of natural resources, wildlife and
the environment or workplace health or safety including the federal Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended, 42 U.S.C. §§ 9601 et seq., the Resource Conservation and Recovery Act of
1976, as amended, 42 U.S.C. §§ 6901 et seq., the Clean Air Act, as amended, 42 U.S.C. §§ 7401 et seq., the Energy Independence and Security Act, as amended, 42 U.S.C. §§ 17001 et seq., the Federal
Water Pollution Control Act, as amended, 33 U.S.C. §§ 1251 et seq., the Toxic Substances Control Act, as amended, 15 U.S.C. §§ 2601 et seq., the Oil Pollution Act of 1990, 33 U.S.C. §§ 2701 et seq.,
the Safe Drinking Water Act of 1974, as amended, 42 U.S.C. §§ 300f et seq., the Hazardous Materials Transportation Act, as amended, 49 U.S.C. §§ 5101 et seq., the Pipeline Safety Improvement Act of 2002, 49 U.S.C.
§§ 60101 et seq., the Endangered Species Act, as amended, 16 U.S.C. § 1531 et seq. and other environmental conservation and protection laws and the Occupational Safety and Health Act of 1970, 29 U.S.C. §§ 651
et seq., and the regulations promulgated pursuant thereto, and any state or local counterparts, each as amended from time to time. 

“Environmental Permit” means any permit, approval, identification number, license, registration, certification,
consent, exemption, variance or other authorization required under or issued pursuant to any applicable Environmental Law, including applications for renewal of such permits in which the application allows for continued operation under the terms of
an expired permit. 
 “Equity Contribution Deductible” is defined in Section 2.5(f). 

“Fault” means any act or omission that is determined by a final,
non-appealable judgment on the merits to represent gross negligence, willful misconduct, reckless disregard or fraud. 

“General and Administrative Services” is defined in Section 3.1(a). 

“Governmental Authority” means any federal, state, tribal, foreign or local governmental entity, authority,
department, court or agency, including any political subdivision thereof, exercising, or entitled to exercise, any administrative, executive, judicial, legislative, police, regulatory or taxing authority or power of any nature, and including any
arbitrating body, commission or quasi-governmental authority or self-regulating organization of competent authority exercising or enlisted to exercise similar power or authority. 

“Hazardous Substance” means (a) any substance, whether solid, liquid, gaseous, semi-solid, or any combination
thereof, that is designated, defined or classified as a hazardous waste, solid waste, hazardous material, pollutant, contaminant or toxic or hazardous substance, or terms of similar meaning, or that is otherwise regulated under any Environmental
Law, including any hazardous substance as defined under the Comprehensive Environmental Response, Compensation, and Liability Act, as amended, and including asbestos and lead-containing paints or coatings, and (b) petroleum, oil, gasoline,
natural gas, fuel oil, motor oil, waste oil, diesel fuel, jet fuel, and other refined petroleum hydrocarbons. 
 “Indemnified
Person” means the Person entitled to indemnification in accordance with Article 5. 
 “Indemnified Services
Related Losses” is defined in Section 3.5. 

  
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 “Indemnifying Party” means the Party from whom indemnification may be
sought in accordance with Article 5. 
 “Interest Rate” means the lesser of (i) 2% over the one month London
Interbank Offered Rate (LIBOR), and (ii) the maximum rate permitted by applicable law. 
 “Joint Venture
Entities” means Mars and the Mardi Gras Joint Ventures. 
 “LIBOR” means the rate determined below at
11 a.m. on the due date of the original invoice as determined in Section 3.3: 

(a)    the applicable Screen Rate; or 

(b)    (if no Screen Rate is available for US Dollars) the arithmetic mean of the rates (rounded to four
(4) decimal places) as supplied to BP Pipelines at its request quoted by the Reference Banks to leading banks in the London interbank market, 

for the offering of deposits in US Dollars for a one (1) month period; provided however, if LIBOR as of any
calculation time is less than zero (0), then for all purposes of this Agreement, LIBOR shall be zero (0). 
 “Limited
Partner” is defined in the Partnership Agreement. 
 “Litigation Matters Deductible” is defined in
Section 2.5(g). 
 “Losses” means any losses, damages, liabilities, claims, demands,
causes of action, judgments, settlements, fines, penalties, costs and expenses (including court costs and reasonable attorney’s and expert’s fees) of any and every kind or character, known or unknown, fixed or contingent. 

“Mardi Gras” refers to Mardi Gras Transportation System Company LLC, a Delaware limited liability company, which owns
a 56.0% ownership interest in Caesar, a 65.0% ownership interest in Proteus, a 65.0% ownership interest in Endymion, and a 53.0% ownership interest in Cleopatra. 

“Mardi Gras Joint Ventures” refers collectively to Caesar, Cleopatra, Proteus and Endymion. 

“Mark Licensees” is defined in Section 4.3. 

“Mars” refers to Mars Oil Pipeline Company LLC, a Delaware limited liability company, and the pipeline system and
related assets owned by such entity. 
 “Negotiation Period” is defined in Section 6.1.

 “Non-Indemnified Services Related Losses” is defined in
Section 3.5. 
 “Operated Asset” is defined in Schedule C hereto. 

“Operated Partnership Entities” means the assets and operations of BP2, Diamondback and River Rouge and the pipelines
of each of the Mardi Gras Joint Ventures, in each case to the extent and for such period in which such assets were operated by BP Pipelines. 

  
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 “Operating Permit” means any consent, license, permit or approval (other
than Environmental Permits and Right-of-Way Consents) necessary to allow an Operated Partnership Entity to be operated in substantially the same manner as such Operated
Partnership Entity was operated immediately prior to the Closing Date and as described in the Registration Statement. 

“Operating Services” is defined in Section 3.1(a). 

“Partnership Agreement” means the First Amended and Restated Agreement of Limited Partnership of the Partnership,
dated as of the Closing Date, as the same may be amended from time to time. 
 “Partnership Change of Control” means
the point at which BP Pipelines or its Affiliates cease to control, directly or indirectly, the General Partner. For purposes of this definition, “control” means the possession, direct or indirect, of the power to direct or
cause the direction of the management and policies of the general partner of the Partnership, whether through ownership of voting securities, by contract, or otherwise. 

“Partnership Assets” is defined in the Recitals hereto. 

“Partnership Entities” means the Partnership Wholly-Owned Subsidiaries and the Joint Venture Entities. 

“Partnership Group” is defined in the Partnership Agreement. 

“Partnership Parties” means the Partnership Entities (including any of their respective successors and permitted
assigns) and their or the General Partner’s respective employees, officers, members, managers, directors, agents, contractors, subcontractors, invitees and representatives other than the BP Pipelines Parties. For the avoidance of doubt,
Partnership Parties include agents, contractors, subcontractors, invitees and representatives retained by and in the name of any of the BP Pipelines Entities as part of the Third-Party Operating Services or the Third-Party G&A Services but for
the benefit of and as agent for any of the Partnership Entities or the General Partner in accordance with Section 3.1(b). 

“Partnership Wholly-Owned Subsidiaries” means BP2 OpCo, Diamondback OpCo and River Rouge OpCo. 

“Party” means a signatory to this Agreement, and “Parties” means all of the signatories to
this Agreement. 
 “Person” means an individual or a corporation, firm, limited liability company, partnership,
joint venture, trust, unincorporated organization, association, government agency or political subdivision thereof or other entity. 

“Potential BP Seller” is defined in Section 6.1. 

“Products” is defined in Schedule C hereto. 

“Proteus” refers to Proteus Oil Pipeline Company, LLC, a Delaware limited liability company, and the pipeline system
and related assets owned by such entity. 

  
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 “Receiving Party” means, as applicable in a given case, either: 

 

	 	(a)	any BP Pipelines Party in its capacity as a party who is receiving Confidential Information being disclosed by or on behalf of any member of the Partnership Group or who is observing or learning the Confidential
Information of any member of the Partnership Group; or 

  

	 	(b)	any Partnership Party in its capacity as a party who is receiving Confidential Information being disclosed by or on behalf of any BP Pipelines Entity or who is observing or learning the Confidential Information of any
BP Pipelines Entity, 

 in each case in connection with any part of this Agreement, including the indemnification, provision
of services and licensing of trademarks contemplated hereby. 
 “Reference Banks” means the principal London offices
of HSBC plc, Citibank NA. and BNP Paribas or such other banks as may be appointed by BP Pipelines. 
 “Registration
Statement” means the Registration Statement on Form S-1 filed by the Partnership with the United States Securities and Exchange Commission (Registration
No. 333-            ), as amended. 

“Reimbursable Expenses” is defined in Section 3.3. 

“Representatives” is defined in Section 7.1(a). 

“Retained Assets” means all assets owned by any of the BP Pipelines Entities as of the Closing Date that were not
directly or indirectly conveyed, contributed or otherwise transferred to the Partnership Group pursuant to the Contribution Agreement or the other documents referenced in the Contribution Agreement. 

“Right-of-Way Consents” means any
title, right-of-way, consents, licenses, permits or approvals (other than Environmental Permits) necessary to allow any pipeline included in the Operated Partnership
Entities to cross the roads, waterways, railroads and other areas upon which any such pipeline is located as of the Closing Date, in each case, where such failure renders the Partnership Group liable to a third party or unable to use or operate such
assets in substantially the same manner as such asset was operated immediately prior to the Closing Date and as described in the Registration Statement. 

“Right-of-Way and Permits Deductible”
is defined in Section 2.5(e). 
 “River Rouge” refers to the Whiting to River Rouge
refined products pipeline system and related assets. 
 “River Rouge OpCo” refers to BP River Rouge Pipeline Company
LLC, a Delaware limited liability company, which owns River Rouge. 
 “ROFO Asset” is defined in
Section 6.1. 
 “ROFO Notice” is defined in Section 6.1. 

“Screen Rate” means the ICE Benchmark Administration’s London interbank offered rate for US Dollars for one
month, displayed on the appropriate page of the Reuters screen. If the agreed page is replaced or service ceases to be available, BP Pipelines may specify another page or service displaying the appropriate rate. 

  
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 “Services” means, collectively, the General and Administrative Services
and the BP Operating Personnel Services. 
 “Subject Assets” means (a) BP Pipelines’ retained equity
interest in Mardi Gras that is not included in the Contributed Assets as the Closing Date and (b) the ownership interests of BP Pipelines and its direct and indirect Subsidiaries (excluding the Partnership Group) in midstream pipeline systems
and assets related thereto located in the contiguous lower forty eight United States and offshore Gulf of Mexico owned as of the Closing Date, which pipeline systems include five (5) crude oil and natural gas liquids pipeline systems with the
gross length as of the Closing Date of approximately one thousand eight hundred forty two (1,842) miles and gross mainline capacity as of the Closing Date of approximately one thousand seven hundred twelve (1,712) thousands of barrel of oil
equivalent per day (“kboepd”) and ten (10) refined products pipeline systems with the gross length as of the Closing Date of approximately one thousand nine hundred forty five (1,945) miles and gross mainline capacity as
of the Closing Date of approximately six hundred thirty three (633) kboepd. 
 “Subsidiary” is defined in the
Partnership Agreement. 
 “Third-Party G&A Services” is defined in Section 3.1(a).

 “Third-Party Operating Services” is defined in Section 3.1(a). 

“Transfer” means to, directly or indirectly, sell, assign, convey, transfer or otherwise dispose of, whether in one or
a series of transactions. 
 “United States Area” means the United States of America and the District of Columbia
but excludes Puerto Rico, the U.S. Virgin Islands, Guam and other U.S. territories and possessions. 

1.2    Rules of Construction. Unless expressly provided for elsewhere in this Agreement, this Agreement
shall be interpreted in accordance with the following provisions: 
 (a)    If a word or phrase is defined, its other
grammatical forms have a corresponding meaning. 
 (b)    The headings contained in this Agreement are for reference
purposes only and shall not affect the meaning or interpretation of this Agreement. 
 (c)    A reference to any Party
to this Agreement or another agreement or document includes the Party’s successors and assigns. 
 (d)    The words
“hereof,” “herein” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement, and article, section, subsection
and schedule references are to this Agreement unless otherwise specified. 
 (e)    The words “including,”
“include,” “includes” and all variations thereof shall mean “including without limitation.” 

(f)    The word “or” shall have the inclusive meaning represented by the phrase “and/or.” 

  
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 (g)    The words “shall” and “will” have equal force and
effect. 
 (h)    The schedules identified in this Agreement are incorporated herein by reference and made a part of
this Agreement. 
 (i)    References to “$” or to “dollars” shall mean the lawful currency of the
United States of America. 
 ARTICLE 2 

Indemnification 

2.1    Environmental Indemnification by BP Pipelines. 

(a)    Subject to Section 2.5, BP Pipelines shall indemnify, defend and hold harmless each
member of the Partnership Group from and against any Losses suffered or incurred by or asserted against any member of the Partnership Group, directly or indirectly, including as a result of any claim by a third party, by reason of or arising out of:

 (i)    any violation of or any non-compliance with or
liability under Environmental Laws resulting or arising from the ownership by BP Pipelines or its Affiliates of its or their direct or indirect interests in the Contributed Assets prior to the Closing Date, other than matters listed on Schedule
A or Schedule B; 
 (ii)    any environmental remediation or corrective action that is
required by Environmental Law, to the extent resulting or arising from releases occurring during the ownership or operation of the Contributed Assets by BP Pipelines or its Affiliates prior to the Closing Date (including the presence of Hazardous
Substances on, under, about or migrating to or from the Contributed Assets or the disposal or release of Hazardous Substances generated by operation of the Contributed Assets by BP Pipelines or its Affiliates at
non-Partnership Entity locations) including (A) the cost and expense of any investigation, assessment, evaluation, monitoring, containment, cleanup, repair, restoration, remediation, risk-based closure
activities, or other corrective action required under Environmental Laws as in effect prior to the Closing Date and (B) the cost and expense of the preparation and implementation of any closure, remedial, corrective action, or other plans
required under Environmental Laws as in effect prior to the Closing Date, in all cases other than matters listed on Schedule A or Schedule B; and 

(iii)    any matter set forth on Schedule A, 

provided, however, that with respect to any violation or non-compliance included under
Section 2.1(a)(i) or any environmental remediation or corrective action included under Section 2.1(a)(ii), BP Pipelines will be obligated to indemnify such member of the Partnership
Group solely to the extent that (x) such violation or need for environmental remediation or corrective action occurred or existed before the Closing Date under Environmental Laws as in effect on or prior to the Closing Date, (y) the
violation, remediation or corrective action was not identified in a voluntary audit or investigation undertaken outside the ordinary course of business by any member of the Partnership Group or any Person acting at the request or on behalf of any
member of the Partnership Group and (z) BP Pipelines receives the written notice specified in Section 5.1 relating to such violation or need for environmental remediation or corrective action prior to the third
anniversary of the Closing Date; and provided, further, that for purposes of determining the amount of any Loss described in this Section 2.1(a) suffered or incurred by the Partnership Group, the
Partnership’s ownership of 28.5% of Mars and 20.0% of Mardi Gras, and Mardi Gras’ 56.0% ownership of Caesar, 

  
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53.0% ownership of Cleopatra, 65.0% ownership of Endymion and 65.0% ownership of Proteus shall be taken into account such that any Loss described in this Section 2.1(a)
suffered or incurred by the Partnership Group or any member of the Partnership Group and subject to indemnification by BP Pipelines would equal 28.5%, 20.0%, 11.2%, 10.6%, 13.0% or 13.0% of the total such Losses of Mars, Mardi Gras, Caesar,
Cleopatra, Endymion, and Proteus, as the case may be. Losses subject to indemnification in this Section 2.1(a) are referred to collectively as “Covered Environmental Losses.” 

2.2    Right-of-Way and Permits
Indemnification by BP Pipelines. Subject to Section 2.5, BP Pipelines shall indemnify, defend and hold harmless each member of the Partnership Group from and against any Losses suffered or incurred by such member of
the Partnership Group, directly or indirectly, including as a result of any claim by a third party, by reason of or arising out of: (a) the failure of any Operated Partnership Entity to have any Right-of-Way Consents; (b) the failure of any Operated Partnership Entity to have any Operating Permits; (c) the cost of curing any condition set forth in clauses (a) or (b) of
this Section 2.2 that does not allow any Operated Partnership Entity to be operated in substantially the same manner that the Operated Partnership Entity was operated immediately prior to the Closing Date, in each case to
the extent that BP Pipelines receives the written notice specified in Section 5.1 relating to such condition prior to the first anniversary of the Closing Date; provided, however, that for purposes of
determining the amount of any Loss described in this Section 2.2 suffered or incurred by the Partnership Group, the Partnership’s ownership of 28.5% of Mars and 20.0% of Mardi Gras, and Mardi Gras’ 56.0% ownership
of Caesar, 53.0% ownership of Cleopatra, 65.0% ownership of Endymion and 65.0% ownership of Proteus shall be taken into account such that any Loss described in this Section 2.2 suffered or incurred by the Partnership Group
or any member of the Partnership Group and subject to indemnification by BP Pipelines would equal 28.5%, 20.0%, 11.2%, 10.6%, 13.0% or 13.0% of the total such Losses of Mars, Mardi Gras, Caesar, Cleopatra, Endymion, and Proteus, as the case may be.
Losses subject to indemnification in this Section 2.2 are referred to collectively as “Covered Right-of-Way and Permits
Losses.” 
 2.3    Additional Indemnification by BP Pipelines. 

(a)    Subject to Section 2.5, BP Pipelines shall indemnify, defend and hold harmless each
member of the Partnership Group from and against any Losses suffered or incurred by such member of the Partnership Group, directly or indirectly, including as a result of any claim by a third party, by reason of or arising out of: 

(i)    the failure of BP Pipelines to obtain, as of the Closing Date, title or any consent or approval
necessary for the direct or indirect conveyance, contribution or transfer of the applicable membership or other equity interests of any member of the Partnership Group, all as contemplated by the Contribution Agreement, to the extent that BP
Pipelines is notified in writing of such Losses in accordance with Section 5.1 prior to the first anniversary of the Closing Date; 

(ii)    events and conditions associated with the Retained Assets, whether occurring at, before or after
the Closing Date, except to the extent caused by the act or omission of the Partnership Group occurring after the Closing Date, provided that BP Pipelines receives the written notice specified in Section 5.1 relating to
such events and conditions; 
 (iii)    any litigation, arbitration, dispute or other legal proceedings
pending as of the Closing Date attributable to the ownership or operation by BP Pipelines or its Affiliates of, or otherwise involving or relating to, the Contributed Assets prior to the Closing Date (but excluding rate adjustments as a result of
any such legal actions), including but not limited to those legal actions pending as of the Closing Date and identified on Schedule B, to the extent that BP Pipelines 

  
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receives the written notice specified in Section 5.1 relating to such actions prior to the first anniversary of the Closing Date, provided that no such notice is
required with respect to the items identified on Schedule B; 
 (iv)    all federal, state and
local tax liabilities attributable to the ownership or the operation of the Partnership Entities by BP Pipelines or its Affiliates prior to the Closing Date, and any such tax liabilities that may result from the formation of the Partnership Group
and the General Partner or from the direct or indirect conveyance, contribution or transfer of the applicable membership or other equity interests of any member of the Partnership Group, all as contemplated by the Contribution Agreement, to the
extent that BP Pipelines receives the written notice specified in Section 5.1 relating to such liabilities prior to the date that is 60 days after the expiration of the statute of limitations applicable to such tax
liabilities; and 
 (v)    the failure of BP Pipelines to obtain, as of the Closing Date, title or any
consent or approval necessary for the direct or indirect conveyance, contribution or transfer to the applicable member of the Partnership Group of the Contributed Assets, to the extent not covered by the indemnity under
Section 2.2 and that BP Pipelines is notified in writing of such Losses in accordance with Section 5.1 prior to the first anniversary of the Closing Date; 

provided, however, that for purposes of determining the amount of any Loss described in this Section 2.3(a) suffered
or incurred by the Partnership Group, the Partnership’s ownership of 28.5% of Mars and 20.0% of Mardi Gras, and Mardi Gras’ 56.0% ownership of Caesar, 53.0% ownership of Cleopatra, 65.0% ownership of Endymion and 65.0% ownership of Proteus
shall be taken into account such that any Loss described in this Section 2.3(a) suffered or incurred by the Partnership Group or any member of the Partnership Group and subject to indemnification by BP Pipelines would equal
28.5%, 20.0%, 11.2%, 10.6%, 13.0% or 13.0% of the total such Losses of Mars, Mardi Gras, Caesar, Cleopatra, Endymion, and Proteus, as the case may be. 

  
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 2.4    General Indemnification by the Partnership. The
Partnership shall indemnify, defend and hold harmless any of the BP Pipelines Parties from and against any Losses suffered or incurred by any of the BP Pipelines Parties, including as a result of any claim by a third party, directly or indirectly,
by reason of, arising out of, or associated with, the ownership, management or operation of the Partnership Entities or of the Contributed Assets, whether related to the period before or after the Closing Date (including any violation of or any non-compliance with or liability under Environmental Laws and any environmental remediation or corrective action that is required by Environmental Law (including the presence of Hazardous Substances on, under, about
or migrating to or from the Contributed Assets or the disposal or release of Hazardous Substances generated by operation of the Contributed Assets or the Partnership Entities at non-Partnership Entity
locations), except to the extent (and only to the extent) that any member of the Partnership Group is entitled to indemnification hereunder; provided, however, that for purposes of determining the amount of any Loss described in this
Section 2.4 suffered or incurred by any of the BP Pipelines Entities, the BP Pipelines Entities’ ownership of 80.0% of Mardi Gras, and Mardi Gras’ 56.0% ownership of Caesar, 53.0% ownership of Cleopatra, 65.0%
ownership of Endymion and 65.0% ownership of Proteus shall be taken into account such that any Loss described in this Section 2.4 suffered or incurred by any of the BP Pipelines Entities and subject to indemnification by
Partnership Group would equal 80.0%, 44.8%, 42.4%, 52.0% or 52.0% of the total such Losses of Mardi Gras, Caesar, Cleopatra, Endymion, and Proteus, as the case may be. 

2.5    Limitations Regarding Indemnification. 

(a)    The aggregate liability of BP Pipelines under Section 2.1(a)(i),
Section 2.1(a)(ii), Section 2.2, Section 2.3(a)(iii) and Section 2.3(a)(v) shall not exceed $15,000,000 (fifteen million U.S. dollars). 

(b)    The aggregate liability of BP Pipelines under Section 2.3(a)(i) shall not exceed the
amount of the total proceeds received by BP Pipelines Entities under the Contribution Agreement on the Closing Date. 

(c)    The aggregate liability of BP Pipelines for the matters set forth on Schedule A shall not exceed $25,000,000
(twenty-five million U.S. dollars). 
 (d)    With respect to Covered Environmental Losses under
Section 2.1(a)(i) and Section 2.1(a)(ii), BP Pipelines shall not be obligated to indemnify, defend or hold harmless any member of the Partnership Group until such time as the
aggregate amount of Losses incurred by the Partnership Group for such Covered Environmental Losses exceeds $500,000 (five hundred thousand U.S. dollars) (the “Environmental Deductible”), at which time BP Pipelines shall be
obligated to indemnify the Partnership Group for the excess of such Covered Environmental Losses over the Environmental Deductible. The Environmental Deductible shall not apply to items identified on Schedule A. 

(e)    With respect to Covered
Right-of-Way and Permits Losses under Section 2.2, BP Pipelines shall not be obligated to indemnify, defend and hold harmless any member of the
Partnership Group until such time as the aggregate amount of Covered Right-of-Way and Permits Losses exceeds $500,000 (five hundred thousand U.S. dollars) (the
“Right-of-Way and Permits Deductible”), at which time BP Pipelines shall be obligated to indemnify the Partnership Group for the excess of such
Losses over the Right-of-Way and Permits Deductible. 

(f)    With respect to Losses covered under Section 2.3(a)(i), BP Pipelines
shall not be obligated to indemnify, defend and hold harmless any member of the Partnership Group until such time as the aggregate amount of such Losses exceeds $500,000 (five hundred thousand U.S. dollars) (the “Equity Contribution
Deductible”), at which time BP Pipelines shall be obligated to indemnify the Partnership Group for the excess of such Losses over the Equity Contribution Deductible. 

  
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 (g)    With respect to Losses covered under
Section 2.3(a)(iii), BP Pipelines shall not be obligated to indemnify, defend and hold harmless any member of the Partnership Group until such time as the aggregate amount of such Losses exceeds $500,000 (five hundred
thousand U.S. dollars) (the “Litigation Matters Deductible”), at which time BP Pipelines shall be obligated to indemnify the Partnership Group for the excess of such Losses over the Litigation Matters Deductible. The
Litigation Matters Deductible shall not apply to items identified on Schedule B. 
 (h)    With respect to Losses
covered under Section 2.3(a)(v), BP Pipelines shall not be obligated to indemnify, defend and hold harmless any member of the Partnership Group until such time as the aggregate amount of such Losses exceeds
$500,000 (five hundred thousand U.S. dollars) (the “Asset Contribution Deductible”), at which time BP Pipelines shall be obligated to indemnify the Partnership Group for the excess of such Losses over the Asset Contribution
Deductible. 
 (i)    For the avoidance of doubt, there is no deductible with respect to the indemnification owed by any
Indemnifying Party under any portion of this Article 2 other than that described in Sections 2.5(d) through 2.5(h) and no monetary cap on the amount of indemnity coverage provided by any Indemnifying Party under this Article
2 other than that that described in Sections 2.5(a), 2.5(b) and 2.5(c). 
 ARTICLE 3 

Services and Compensation 

3.1    Services. 

(a)    BP Pipelines agrees to provide (either itself or through the BP Pipelines Parties) the services described below to
and for the benefit of the Partnership Group and, where applicable, to manage the provision of such services to and for the benefit of the Partnership Group by third-party contractors or subcontractors retained in the name of the Partnership (or the
General Partner) or, alternatively, in the name of BP Pipelines in accordance with Section 3.1(b): 

(i)    direct operating services (including ongoing operations, repair, management and maintenance) of the
Partnership Assets described in Part I of Schedule C by virtue of (A) the provision of BP Pipelines Entities’ employees or individual contractors (“BP Operating Personnel Services”) or (B) the
retention and management for the benefit of the Partnership of third-party contractors or their subcontractors retained in the name of the Partnership (or the General Partner) or, alternatively, in the name of BP Pipelines in accordance with
Section 3.1(b) (the “Third-Party Operating Services”) (or a combination of (A) and (B)) (collectively, the “Operating Services”); and 

(ii)    the centralized general and administrative services related to the existence, management and
operation of the Partnership Group and the Partnership Assets by virtue of (A) the provision of services described in Part II.A of Schedule C (the “BP G&A Services”) and Part II.B of Schedule
C (the “BP D&O Services”) by the employees or individual contractors of BP Pipelines Entities or (B) the retention and management for the benefit of the Partnership of third-party contractors or their
subcontractors retained in the name of the Partnership or, alternatively, in the name of BP Pipelines in accordance with Section 3.1(b) to provide services described in Part II.C of Schedule C (the
“Third-Party G&A Services”) (or a combination of (A) and (B)) (collectively, the “General and Administrative Services”). 

  
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 (iii)    The Parties agree that the Operating Services and
the General and Administrative Services are performed for the benefit of and subject to the supervision of the General Partner, with decisions that would reasonably be expected to have a material impact on the assets and operations of the
Partnership subject to the General Partner’s approval and oversight. 
 (b)    The Parties agree that it is
preferred that Persons who are to provide the Third-Party Operating Services or the Third-Party G&A Services be directly retained by, and contracted with in the name of, the General Partner, the Partnership or applicable member of the
Partnership Group; provided that BP Pipelines or its Affiliates shall be entitled to contract for such services with such third parties on behalf of and as agent for (but without fiduciary liability to) the General Partner, the Partnership or
any applicable member of the Partnership Group either (i) if so requested or approved by the General Partner in writing acting in good faith and agreed to by BP Pipelines or (ii) if it is deemed by BP Pipelines to be necessary for its
performance of the Services (including an emergency response to an actual or potential event that may pose imminent threat to people, property or the environment) and in BP Pipelines’ reasonable judgment such services are unlikely to be secured
timely in the name of the General Partner or the Partnership, in which case such third-party expenses incurred by BP Pipelines on behalf of and as agent for the Partnership shall be reimbursed to BP Pipelines Entities under
Section 3.2(a) below. 
 (c)    The BP Operating Personnel Services and the BP G&A
Services shall be provided in a manner substantially consistent with past practice prior to the Closing Date (as determined by BP Pipelines). 

(d)    For the avoidance of doubt, the employees and individual contractors of the BP Pipelines Entities providing the BP
Operating Personnel Services, the BP G&A Services or the BP D&O Services (the “BP Operating Personnel”) are not employees or individual contractors of the Partnership Entities, but instead, are employees or individual
contractors of the applicable BP Pipelines Entity that is performing such services for the benefit of the Partnership Entities. Consequently, BP Pipelines acknowledges and agrees that it will be responsible for the payment (subject to reimbursement
as provided in Section 3.2) of payroll and benefits related obligations to the employees of BP Pipelines Entities as well as compensation to individual contractors thereof, all as provided in Section 3.6 below, and the BP Operating
Personnel are not entitled to the rights and benefits of employees or individual contractors of the Partnership Entities. BP Pipelines shall be responsible for procuring and maintaining all insurance coverage for the BP Operating Personnel
consistent with past practice in connection with their provision of the Services hereunder. 
 3.2    Fees and
Expenses. 
 (a)    Compensation & Reimbursement. 

(i)    The Partnership shall reimburse the General Partner for all costs and expenditures incurred by the
General Partner on behalf of the Partnership or any other member of the Partnership Group, including those in connection with the Services (including those related to obtaining the benefit of and enforcing the rights of the Partnership with respect
to the indemnities provided by BP Pipelines pursuant to Sections 2.1, 2.2 and 2.3). 

  
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 (ii)    The Partnership shall compensate and reimburse BP
Pipelines and other BP Pipelines Entities: 
 (A)    for the provision of (1) the BP Operating
Personnel Services at BP Operating Cost (as defined in Section 3.2(b) below), and (2) Third-Party Operating Services at cost in the event any BP Pipelines Entity contracts for any of such Third-Party Operating Services
in its own name for the benefit of and as agent for the Partnership as described in Section 3.1(b); and 

(B)    for the provision of (1) the BP G&A Services in exchange for the BP Administrative Fee,
(2) the BP D&O Services at BP D&O Cost (as defined in Section 3.2(b) below), and (3) the Third-Party G&A Services at cost in the event any BP Pipelines Entity contracts for any of such Third-Party
G&A Services in its own name for the benefit of and as agent for the Partnership as described in Section 3.1(b). 

(b)    BP Fees and Costs. 

(i)    As consideration for the BP Operating Personnel Services, the Partnership will reimburse BP
Pipelines Entities for all of BP Pipelines Entities’ costs and expenses involved in the provision of such services at cost, including, among other items, the fully burdened costs of compensation and benefits of employees or individual
contractors of BP Pipelines Entities (including, for the avoidance of doubt, long-term incentives and appropriate out of pocket and travel costs reimbursable in accordance with applicable policies of the BP Pipelines Entities) to the extent such
employees or individual contractors perform BP Operating Personnel Services for the Partnership Group’s benefit (provided that, with respect to employees or individual contractors that do not devote all of their business time to the Partnership
Group, the costs of compensation and benefits (including long-term incentives) of such personnel shall be allocated to the Partnership Group and included in the compensation for the BP Operating Personnel Services based on a determination made by BP
Pipelines, subject to approval of the General Partner acting in good faith) (the “BP Operating Cost”), payable monthly as provided in Section 3.3. 

(ii)    As consideration for the BP D&O Services, the Partnership will reimburse BP Pipelines Entities
for all of their costs and expenses involved in the provision of such services at cost, including, among other items, the fully burdened costs of compensation and benefits of employees of BP Pipelines Entities (including, for the avoidance of doubt,
long-term incentives and appropriate out of pocket and travel costs reimbursable in accordance with applicable policies of the BP Pipelines Entities) to the extent such employees or individual contractors perform the BP D&O Services for the
Partnership Group’s benefit (provided that, with respect to employees or individual contractors that do not devote all of their business time to the Partnership Group, the costs of compensation and benefits of such personnel shall be allocated
to the Partnership Group and included in the compensation for the BP D&O Services based on a determination made by BP Pipelines, subject to approval of the General Partner acting in good faith) (the “BP D&O Cost”),
payable monthly as provided in Section 3.3. 
 (iii)    As consideration for
the BP G&A Services, the Partnership will pay BP Pipelines a fee (the “BP Administrative Fee”), initially, of $13.3 million per year, payable in equal monthly installments as provided in
Section 3.3. The BP Administrative Fee for the 2017 fiscal year will be prorated based on the number of days from the Closing Date to December 31, 2017. 

(A)    The Parties acknowledge and agree that it is the intent of the Parties that the BP Administrative
Fee will cover the cost of the BP G&A Services provided by the employees or individual contractors of the BP Pipelines Entities to the Partnership Group, including the following: (1) the fully burdened costs of compensation

  
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and benefits of employees or individual contractors (including, for the avoidance of doubt, long-term incentives and appropriate out of pocket and travel costs reimbursable in accordance with
applicable policies of the BP Pipelines Entities), to the extent such personnel perform the BP G&A Services for the Partnership Group’s benefit (provided that, with respect to personnel who do not devote all of their business time to the
Partnership Group, the costs of compensation and benefits of such personnel shall be allocated to the Partnership Group based on a determination made by BP Pipelines, subject to approval of the General Partner acting in good faith); and (2) all
sales, use, excise, value added or similar tax, if any, that may be applicable from time to time with respect to the BP G&A and the BP D&O Services provided to the Partnership Group pursuant to Section 3.1. 

(B)    The Parties acknowledge and agree that the BP Administrative Fee may be (i) changed
prospectively once each calendar year effective as of January 1 of such year (with the first such change to be effective January 1, 2019) to accurately reflect the kind, degree and extent of the BP G&A Services provided by the BP
Pipelines Entities to the Partnership Group, any changes in the level or complexity of the Partnership’s operations or any change in the cost to BP Pipelines and other BP Pipelines Entities of providing the BP G&A Services to the
Partnership Group due to inflation or changes in any law, rule or regulation applicable to the BP Pipelines Entities or the Partnership Group, including any interpretation of such laws, rules or regulations or (ii) adjusted at any time during
the year to reflect the contribution, acquisition or disposition of assets to or by the Partnership Group or any material actual or imminent change in operational activity of the Partnership Group, in each case as determined by BP Pipelines subject
to the approval of the General Partner, acting in good faith. 
 (C)    From time to time, but not more
frequently than once during any calendar year, the General Partner will have the right to submit to BP Pipelines a proposal to reduce the amount of the BP Administrative Fee for the following twelve-month period or a portion thereof if the General
Partner believes, in good faith, that the prospective value of the BP G&A Services to be performed by BP Pipelines and its Affiliates (other than the Partnership Group) for the benefit of the Partnership Group will be less than the BP
Administrative Fee in effect at such time. 
 (D)    If either Party submits a proposal to the other
Party to change the BP Administrative Fee as provided in this Section 3.2, both Parties will negotiate in good faith to determine if the BP Administrative Fee should be changed and, if so, the amount of such change. If the
Parties agree that the BP Administrative Fee should be changed, then the BP Administrative Fee shall be changed as of the first day of the month following such agreement. 

(c)    Long Term Incentive Program by the Partnership. To the extent that the General Partner grants any awards
under any of the Partnership’s or the General Partner’s incentive compensation plans in effect from time to time to any BP Operating Personnel (including, for the avoidance of doubt, any directors or officers of the General Partner), such
awards shall not be part of the BP Operating Cost, the BP D&O Cost or the BP Administrative Fee and shall be at the Partnership’s sole expense. 

3.3    Invoicing and Payment. On or before the tenth
(10th) Business Day after each calendar month during which this Agreement is in effect, BP Pipelines shall submit an invoice (either in paper format or in such electronic format as is reasonably
requested by the Partnership) to the Partnership for (i) the BP Administrative Fee installment due with respect to such month as well as any other compensation and 

  
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reimbursable expenses due under Section 3.2(a)(ii) (“Reimbursable Expenses”) that have been incurred through the end of such month and not
previously paid by the Partnership. The Partnership shall, within ten calendar days of receipt, pay such invoice, except for any Reimbursable Expenses therein being disputed in good faith by the Partnership. Any amounts that the Partnership has
disputed in good faith and that are later determined by any court or other competent authority having jurisdiction, or by agreement of the Parties, to be owing from the Partnership shall be paid in full within ten calendar days of such determination
or agreement, together with interest thereon at the Interest Rate (pro-rated for the number of days for which such payment is delinquent), from the date due under the original invoice until the date of
payment. 
 3.4    Independent Contractor. The relationship of the BP Pipelines Entities to the
Partnership Entities pursuant to Article 3 is as an independent contractor and nothing in this Agreement shall be construed to impose on the BP Pipelines Parties, any express or implied fiduciary or other special duty beyond the contractual
obligations expressly set forth herein. 
 3.5    LIMITATION ON
LIABILITY & INDEMNITY RELATED TO THE
SERVICES. SUBJECT TO SECTION 3.6,
IN NO EVENT SHALL ANY OF THE BP PIPELINES PARTIES BE LIABLE TO
THE PARTNERSHIP PARTIES OR ANY THIRD PARTY FOR ANY LOSSES THAT ARISE
OUT OF, RELATE TO OR ARE OTHERWISE ATTRIBUTABLE TO, DIRECTLY OR
INDIRECTLY, ANY OF THE FOLLOWING: (I) THE PERFORMANCE OF THE
SERVICES BY ANY OF THE BP PIPELINES PARTIES; (II) ANY ACTS OR
OMISSIONS ON, ABOUT OR CONCERNING THE PARTNERSHIP ENTITIES OR THE PARTNERSHIP
ASSETS BY ANY BP PIPELINES PARTY, ANY PARTNERSHIP PARTY OR ANY THIRD
PARTY; OR (III) THE CONDITION OF THE PARTNERSHIP ASSETS, INCLUDING
ITS ENVIRONMENTAL CONDITION AND COMPLIANCE (OR LACK OF COMPLIANCE) WITH APPLICABLE
LAWS, INCLUDING ENVIRONMENTAL LAWS (EXCEPT AND ONLY TO THE EXTENT BP PIPELINES
OWES AN INDEMNITY OBLIGATION WITH RESPECT TO SUCH CONDITION UNDER SECTIONS
2.1, 2.2 OR 2.3, IF ANY) (COLLECTIVELY, THE “INDEMNIFIED
SERVICES RELATED LOSSES”), EXCEPT AND ONLY TO THE EXTENT
THAT ANY SUCH LOSSES (X) ARE CAUSED BY THE FAULT OF
ANY OF THE BP PIPELINES PARTIES AND (Y) DO NOT CONSTITUTE LOST
OR PROSPECTIVE PROFITS OR ANY OTHER CONSEQUENTIAL, SPECIAL, INDIRECT, INCIDENTAL,
PUNITIVE OR EXEMPLARY LOSSES OR DAMAGES (COLLECTIVELY, THE
“NON-INDEMNIFIED SERVICES RELATED LOSSES”). 

(a)    THE PARTNERSHIP SHALL NOT TAKE,
OR PERMIT TO BE TAKEN, ANY ACTION AGAINST ANY OF THE BP PIPELINES
PARTIES FOR, AND SHALL INDEMNIFY, PROTECT, DEFEND, RELEASE AND HOLD HARMLESS
EACH OF THE BP PIPELINES PARTIES FROM AND AGAINST, ANY AND ALL
INDEMNIFIED SERVICES RELATED LOSSES ASSERTED BY OR ON BEHALF OF ANY
PERSON. BP PIPELINES SHALL INDEMNIFY, PROTECT, DEFEND, RELEASE AND HOLD HARMLESS
EACH PARTNERSHIP PARTY FROM AND AGAINST ANY AND ALL OF THE NON-INDEMNIFIED SERVICES RELATED LOSSES ASSERTED BY OR ON BEHALF OF
ANY PERSON.  
 (b)    THIS
SECTION 3.5 SPECIFICALLY PROTECTS THE BP PIPELINES PARTIES
AGAINST LOSSES OR OTHER MATTERS EVEN IF THEY ARE CAUSED BY THE
NEGLIGENCE, STRICT LIABILITY OR OTHER RESPONSIBILITY (EXCEPT TO THE EXTENT OF
THE FAULT) OF ANY THE BP PIPELINES PARTIES. 

  
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 3.6    Payroll and Benefits Related Liabilities.
Notwithstanding Section 3.5, BP Pipelines shall be responsible for any claims brought by Persons employed by any BP Pipelines Entity for non-payment of any and all actual salaries,
wages, contributions, withholding deductions or taxes measured by such salaries, wages or compensation owed or owing by any BP Pipelines Entity to such Persons as well as well as the administration and payment of other employee benefits, employee
insurance plans, unemployment or workers compensation, medical plans, retirement plans and profit sharing plans. 

3.7    Disclaimer of Representations and Warranties. EXCEPT AS
EXPRESSLY SET FORTH IN SECTION 3.1(C), BP
PIPELINES MAKES NO REPRESENTATIONS OR WARRANTIES (EXPRESSED, IMPLIED, ORAL OR
OTHERWISE) REGARDING ANY ASPECT OF ITS PERFORMANCE OF (OR FAILURE TO
PERFORM) THE SERVICES OR ITS OTHER DUTIES AND OBLIGATIONS UNDER THIS
AGREEMENT, INCLUDING ANY REPRESENTATIONS OR WARRANTIES WITH RESPECT TO MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE, SUITABILITY, FREEDOM FROM DEFECTS, QUALITY, VALUE,
WORKMANSHIP, CONDITION, COMPLIANCE WITH LAWS, TITLE OR ENVIRONMENTAL MATTERS. EXCEPT
AS EXPRESSLY SET FORTH IN SECTION 3.1(C), BP
PIPELINES DISCLAIMS AND NEGATES, AND THE PARTNERSHIP WAIVES, ANY SUCH
REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED. IN NO EVENT SHALL ANY BP
PIPELINES PARTY BE LIABLE TO ANY PARTNERSHIP PARTY FOR ANY LOSSES
THAT ARISE OUT OF, RELATE TO OR ARE OTHERWISE ATTRIBUTABLE TO,
DIRECTLY OR INDIRECTLY, ANY SUCH REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED,
OTHER THAN THOSE EXPRESSLY SET FORTH IN
SECTION 3.1(C). THIS
SECTION 3.7 SPECIFICALLY PROTECTS THE BP PIPELINES PARTIES
AGAINST SUCH LOSSES EVEN IF THEY ARE CAUSED BY THE NEGLIGENCE, STRICT
LIABILITY OR OTHER RESPONSIBILITY (EXCEPT TO THE EXTENT OF THE FAULT)
OF ANY OF THE BP PIPELINES PARTIES. THE PARTNERSHIP ACKNOWLEDGES AND AGREES
THAT, EXCEPT AS EXPRESSLY SET FORTH IN
SECTION 3.1(C), IT IS NOT RELYING ON
ANY SUCH REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, AND THAT THE
SERVICES ARE TO BE PERFORMED BY BP PIPELINES PARTIES
“AS-IS, WHERE-IS,” WITH ALL FAULTS
(EXCEPT TO THE EXTENT OF THE FAULT). 

ARTICLE 4 
 Licenses
of Marks 
 4.1    Grant of BP License. BP, an Affiliate of BP Pipelines, hereby grants to the
Partnership and to each entity comprising a part of the Partnership Group, subject to third-party rights and to the terms and conditions herein, a royalty-free, non-exclusive sublicense (the “BP
License”) in the United States Area to use the trade name “BP” as part of its company name and to use the trade name “BP” and the BP “Helios” design as part of its company identification, in each case to
indicate such company’s affiliation with the BP brand on stationery, business cards, business forms, company publications and press releases, company marketing materials (including promotional merchandise), company public filings with the
United States Securities and Exchange Commission and other regulatory authorities, and company websites or social media presences and any other methods currently used in the business, subject to BP’s prior written approval as to the form and
manner of such identifications, which approval shall not be unreasonably withheld by BP. The trade name “BP” and the BP “Helios” design are collectively referred to herein as the “BP Marks.” 

4.2    Ownership and Quality of BP Marks. The Partnership, on behalf of itself and the other members of the
Partnership Group, agrees that ownership of the BP Marks and the goodwill relating thereto shall remain vested in BP and its Affiliates, during the term of the BP License and thereafter. The Partnership agrees, and agrees to cause the other members
of the Partnership Group, never to challenge, contest or question the validity of BP’s or the applicable BP affiliate’s ownership of the BP Marks or any registration thereof by BP or the applicable BP affiliate. In connection with the use
of the BP Marks, the Partnership and any other member of the Partnership Group shall not in any manner represent that they have 

  
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any ownership in the BP Marks or registration thereof. The Partnership, on behalf of itself and the other members of the Partnership Group, acknowledges that the use of the BP Marks by the
Partnership or the other members of the Partnership Group shall not create any right, title or interest in or to the BP Marks, and all use of the BP Marks by the Partnership or any other member of the Partnership Group shall inure to the benefit of
BP or the applicable BP affiliate. The Partnership agrees, and agrees to cause the other members of the Partnership Group, to use the BP Marks, if at all, in accordance with such quality standards established by BP or any of its Affiliates
(excluding the Partnership Group) and communicated to the Partnership Group from time to time. The Parties agree that the products and services offered by the Partnership as of the Closing Date are of a quality that is acceptable to BP. If BP or the
applicable BP affiliate elects to modify or change the quality standards or format of the BP Marks, then the Partnership shall modify or change, and shall cause the other members of the Partnership Group or licensees hereunder to change, the format
of the BP Marks within six months of prior written notice from BP of such modification or change in the quality standards or format of the BP Marks. 

4.3    In the event that the Partnership or any of the other members of the Partnership Group or licensees hereunder (the
“Mark Licensees”) is in material breach of this Article 4, BP shall transmit written notice of such material breach to the Partnership, and the relevant Mark Licensee shall have 60 days to cure such material breach. If
the Mark Licensee cures such material breach, then the license to such Mark Licensee shall continue in force and effect. If the Mark Licensee fails to cure such material breach within such 60-day period, then
BP shall have the right to terminate the license grant to such Mark Licensee, however, the license to the remaining Mark Licensees shall continue in force and effect. 

4.4    Termination. The BP License shall terminate automatically upon a Partnership Change of Control. 

ARTICLE 5 

Indemnification Procedures 

5.1    The Indemnified Person agrees that within a reasonable period of time after it becomes aware of facts giving rise
to a claim for indemnification under this Agreement, it will provide notice thereof in writing to the Indemnifying Party, specifying the nature of and specific basis for such claim. 

5.2    Subject to Sections 5.5 and 5.6 below, the Indemnifying Party shall have the right to control all
aspects of the defense of (and any counterclaims with respect to) any claims brought against the Indemnified Person that are covered by the indemnification obligations under this Agreement, including the selection of counsel, determination of
whether to appeal any decision of any court and the settling of any such claim or any matter or any issues relating thereto; provided, however, that no such settlement for only the payment of money shall be entered into without the
consent of the Indemnified Person, which consent shall not be unreasonably withheld, conditioned or delayed, unless it includes a full release of the Indemnified Person from such claim without admission of fault; provided further, that no
such settlement containing any form of injunctive or similar relief shall be entered into without the prior written consent of the Indemnified Person, which consent shall not be unreasonably delayed or withheld. 

5.3    Subject to Sections 5.5 and 5.6 below, the Indemnified Person agrees to cooperate in good faith and
in a commercially reasonable manner with the Indemnifying Party, with respect to all aspects of the defense of and pursuit of any counterclaims with respect to any claims covered by the indemnification obligations under this Agreement, including the
prompt furnishing to the Indemnifying Party of any correspondence or other notice relating thereto that the Indemnified Person may receive, permitting the name of the Indemnified Person to be utilized in connection with such defense and
counterclaims, the making available to the Indemnifying Party of any files, records or other information of the Indemnified 

  
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Person that the Indemnifying Party considers relevant to such defense and counterclaims, the making available to the Indemnifying Party of any employees of the Indemnified Person and the granting
to the Indemnifying Party of reasonable access rights to the properties and facilities of the Indemnified Person; provided, however, that in connection therewith the Indemnifying Party agrees to use reasonable efforts to minimize the
impact thereof on the operations of the Indemnified Person and further agrees to maintain the confidentiality of all files, records, and other information furnished by the Indemnified Person pursuant to this Article 5. The obligation of the
Indemnified Person to cooperate with the Indemnifying Party as set forth in the immediately preceding sentence shall not be construed as imposing upon the Indemnified Person an obligation to hire and pay for counsel in connection with the defense of
and pursuit of any counterclaims with respect to any claims covered by the indemnification obligations set forth in this Agreement; provided, however, that the Indemnified Person may, at its own option, cost and expense, hire and pay
for counsel in connection with any such defense and counterclaims. The Indemnifying Party agrees to keep any such counsel hired by the Indemnified Person informed as to the status of any such defense or counterclaim, but the Indemnifying Party shall
have the right to retain sole control over such defense and counterclaims so long as the Indemnified Person is still seeking indemnification hereunder. 

5.4    In determining the amount of any Loss for which the Indemnified Person is entitled to indemnification under this
Agreement, the gross amount of the indemnification will be reduced by (i) any insurance proceeds realized by the Indemnified Person from third-party insurers, and such correlative insurance benefit shall be net of any expenses related to the
receipt of such proceeds, including any premium adjustments that become due and payable by the Indemnified Person as a result of such claim, and (ii) all amounts recovered by the Indemnified Person under contractual indemnities from third
Persons. 
 5.5    If an indemnity claim submitted by the Partnership to BP Pipelines pursuant to
Section 2.1 relates to the remediation of Hazardous Substance contamination, then BP Pipelines shall have the option at its sole election to take responsibility for performing and completing the remediation in-kind directly. If BP Pipelines delivers written notice to the Partnership that it is electing to assume responsibility for performing and completing the remediation, the Partnership shall provide BP Pipelines
with all written documentation reasonably necessary for BP Pipelines to exercise its remediation in-kind rights and shall allow BP Pipelines to assume primacy in all communications with Governmental
Authorities with respect to any contamination or remediation. The Partnership shall provide BP Pipelines with reasonable access to the affected area during normal business hours and to site utilities and services to the extent necessary to
perform and complete the remediation. In connection with the performance of the work, BP Pipelines shall use commercially reasonable efforts to minimize any disruption of the Partnership’s operations and shall comply with the
Partnership’s health, safety and environmental policies and procedures applicable to the site, provided that such policies and procedures are provided in writing in advance to BP Pipelines. BP Pipelines shall provide the Partnership with copies
of all correspondence and reports submitted to or received from any Governmental Authority in connection with the remediation and shall keep the Partnership informed of all decisions potentially impacting the Partnership’s operations, and shall
provide the Partnership with an opportunity with reasonable advance notice to listen to any conference calls and attend any meetings with Governmental Authorities regarding the remediation. BP Pipelines shall seek to perform all work tasks in a
safe, workmanlike, and reasonably prompt and timely manner; provided, however, that BP Pipelines shall not be required to remediate the affected property to standards that are more stringent than those that allow for continued use of the property in
the manner in which it was being used at the time of Closing. If necessary to promptly and efficiently complete the remediation, the Partnership shall agree to record any deed notice relating to the contamination that may be requested by BP
Pipelines, provided that any such notice does not materially restrict the Partnership’s use and operation of the affected property. The remediation shall be deemed complete when BP Pipelines has obtained a letter or other written
instrument from the Governmental Authority possessing jurisdiction with respect to the matter providing confirmation that no further remedial action is necessary to address the contamination. 

  
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 5.6    If an indemnity claim submitted by the Partnership to BP Pipelines
pursuant to Section 2.2 is for costs to be incurred due to the failure of any Operated Partnership Entity to have any Right-of-Way Consents or
Operating Permits, then BP Pipelines shall have the option at its sole election to take sole responsibility for (i) obtaining such Right-of-Way Consents or
Operating Permits from the Governmental Authorities or other third parties that granted or issued the underlying rights-of-way or operating permits, (ii) obtaining
replacement rights-of-way or operating permits from Governmental Authorities or other third parties, which may, if elected by BP Pipelines, include re-routing or relocating the applicable pipeline(s) included in the Partnership Group so long as, following any such re-routing or relocating, the Partnership Group is able to
use and operate such pipeline(s) in substantially the same manner as such asset was used and operated immediately prior to the Closing Date. If BP Pipelines delivers written notice to the Partnership that it is electing to assume responsibility for
obtaining Right-of-Way Consents, Operating Permits or replacements thereof pursuant to this Section 5.6, the Partnership shall provide BP
Pipelines with all written documentation reasonably necessary for BP Pipelines to exercise its step-in rights and shall allow BP Pipelines to assume primacy in all communications with Governmental Authorities
or other relevant third-parties with respect to the lack of Operating Permits or Right-of-Way Consents. Without limiting the generality of the foregoing, BP
Pipelines may, at its sole election, seek to obtain any Right-of-Way Consents or Operating Permits, or replacement rights-of-way or operating permits, through the exercise of any condemnation authority which BP Pipelines and/or the Partnership may have, and the Partnership will, at BP Pipeline’s cost, cooperate with
BP Pipelines in the exercise of any such condemnation authority, including filing any condemnation actions or proceedings to the extent condemnation authority is vested in the Partnership instead of BP Pipelines. BP Pipelines shall provide the
Partnership with copies of all correspondence received from any Governmental Authority or other relevant third party in connection with the lack of Right-of-Way Consents
or Operating Permits and shall keep the Partnership informed of all decisions potentially impacting the Partnership’s operations. BP Pipelines shall seek to acquire such
Right-of-Way Consents, Operating Permits, or replacements thereof in a reasonably prompt and timely manner. If any pipelines are required to be re-routed or relocated, or any other work is necessary in connection with acquiring Right-of-Way Consents, Operating Permits or
replacements thereof, the Partnership shall provide BP Pipelines with reasonable access to the subject area during normal business hours and to site utilities and services to the extent necessary to perform and complete the work, provided that BP
Pipelines shall reimburse the Partnership for any increased costs that the Partnership incurs in connection with providing such access, utilities and services. In connection with the performance of any such work, BP Pipelines shall use
commercially reasonable efforts to minimize any disruption of the Partnership’s operations and shall comply with the Partnership’s health, safety and environmental policies and procedures applicable to the site, provided that such policies
and procedures are provided in writing in advance to BP Pipelines. 
 5.7    THE
INDEMNIFICATION OBLIGATIONS SET FORTH IN THIS AGREEMENT ARE INTENDED TO BE
ENFORCEABLE AGAINST THE PARTIES IN ACCORDANCE WITH THE EXPRESS TERMS AND
SCOPE THEREOF NOTWITHSTANDING ANY EXPRESS NEGLIGENCE RULE OR ANY SIMILAR DIRECTIVE
THAT WOULD PROHIBIT OR OTHERWISE LIMIT INDEMNIFICATION OBLIGATIONS BECAUSE OF THE
SOLE, CONCURRENT, ACTIVE OR PASSIVE NEGLIGENCE, STRICT LIABILITY OR FAULT OF
ANY OF THE INDEMNIFIED PERSONS. IF IT IS JUDICIALLY DETERMINED, BEYOND
THE CONTROL OF THE PARTIES, THAT THE MONETARY LIMITS OF THE RELEASE,
DEFENSE, HOLD HARMLESS AND INDEMNITY AGREEMENTS VOLUNTARILY AND MUTUALLY ASSUMED BY
THE PARTIES UNDER THIS AGREEMENT EXCEED THE MAXIMUM LIMITS PERMITTED UNDER
APPLICABLE LAWS, INCLUDING, WITHOUT LIMITATION, ANY APPLICABLE ANTI-INDEMNITY STATUTE,
IT IS AGREED THAT SAID RELEASE, DEFENSE, HOLD HARMLESS AND INDEMNITY
AGREEMENTS SHALL AUTOMATICALLY BE AMENDED TO CONFORM TO THE MAXIMUM MONETARY
LIMITS PERMITTED UNDER SUCH APPLICABLE LAWS. 

  
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 ARTICLE 6 

Right of First Offer 

6.1    Until the earlier of the seventh (7th) anniversary of the
Closing Date or the date on which BP Pipelines or one of its Affiliates ceases to control the General Partner, BP Pipelines hereby agrees, and will cause its direct and indirect Subsidiaries (other than the Partnership Group) (each a
“Potential BP Seller”) to agree, that if any Potential BP Seller decides to attempt to Transfer (other than to another Affiliate of BP Pipelines) any of the Subject Assets (in whole or in part) (each a “ROFO
Asset”), such Potential BP Seller will: 
 (a)    notify the Partnership of its desire to sell such ROFO
Asset in writing, including a customary description of the ROFO Asset (the “ROFO Notice”); 

(b)    allow the Partnership up to forty five (45) days from its receipt of the ROFO Notice to make a binding written
offer regarding the ROFO Asset, containing all material commercial and legal terms regarding such proposed sale and purchase transaction (the “ROFO Offer”); 

(c)    following receipt of the ROFO Offer, negotiate with the Partnership exclusively and in good faith for a period of
sixty (60) days from the date on which BP Pipelines receives a ROFO Offer complying with Section 6.1(b) (if any) (the “Negotiation Period”) in order to give the Partnership an opportunity to
enter into definitive documentation for the purchase and sale of the ROFO Asset on terms that are mutually acceptable to such Potential BP Seller and the Partnership; 

provided that, if such Potential BP Seller has not received a ROFO Offer in accordance with Section 6.1(b) or
if the Partnership and such Potential BP Seller have not entered into a letter of intent or a definitive agreement with respect to the ROFO Asset within the Negotiation Period (as the same may be extended by a mutual written agreement of the
Partnership and such Potential BP Seller), such Potential BP Seller shall have the right to Transfer such ROFO Asset to a third party following the failure by the Partnership to deliver a ROFO Offer in compliance with
Section 6.1(b) or the expiration of the Negotiation Period, respectively, on any terms that are acceptable to such Potential BP Seller and such third party. 

6.2    The Parties acknowledge that any Transfer of any Subject Asset pursuant to the Partnership’s right of first
offer under Section 6.1 is subject to the terms of all existing agreements with respect to such Subject Assets, including any terms in such existing agreements that would preempt, supersede or impair the rights granted to
the Partnership pursuant to Section 6.1 with respect to any Subject Asset, and shall be subject to and conditioned on the obtaining of any and all necessary consents of security holders, governmental authorities, lenders or
other third parties. 
 ARTICLE 7 

Miscellaneous 

7.1    Confidentiality. 

(a)    From and after the Closing Date, each Receiving Party shall hold, and shall cause their respective Subsidiaries
(other than the Joint Venture Entities) and Affiliates and its and their directors, officers, employees, agents, consultants, advisors, and other representatives (collectively, “Representatives”) to hold all Confidential
Information of the respective Disclosing Party hereunder in strict confidence, with at least the same degree of care that applies to such Receiving Party’s confidential and proprietary information and shall not use such Disclosing Party’s
Confidential Information and shall not release or disclose such Disclosing Party’s Confidential Information to any other Person, except its Representatives or except as required by applicable law. Each Party shall be responsible for any breach
of this section by any of its Representatives. 

  
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 (b)    If a Receiving Party receives a subpoena or other demand for
disclosure of Confidential Information received from any other Party or must disclose to a Governmental Authority any Confidential Information received from such other Disclosing Party in order to obtain or maintain any required governmental
approval, the Receiving Party shall, to the extent legally permissible, provide notice to the Disclosing Party before disclosing such Confidential Information. Upon receipt of such notice, the Disclosing Party shall promptly either seek an
appropriate protective order, waive the Receiving Party’s confidentiality obligations hereunder to the extent necessary to permit the Receiving Party to respond to the demand, or otherwise fully satisfy the subpoena or demand or the
requirements of the applicable Governmental Authority. If the Receiving Party is legally compelled to disclose such Confidential Information or if the Disclosing Party does not promptly respond as contemplated by this
Section 7.1, the Receiving Party may disclose that portion of Confidential Information covered by the notice or demand. 

(c)    Notwithstanding Section 6.1(a), each of the BP Pipelines Entities in its capacity as a
Receiving Party shall have the right to use the Confidential Information of the Entities in connection with services and indemnification obligations contemplated by this Agreement and in connection with the management of the BP Pipelines
Entities’ direct and indirect ownership of the Partnership, and in connection with the foregoing, the definition of Representatives with respect to BP Pipelines as a Receiving Party hereunder shall include a bona fide potential purchaser of all
or some of BP Pipelines Entities’ direct and indirect ownership of any interest in the Partnership, including the ownership of the general partner of the Partnership. 

(d)    Each Party acknowledges that the Disclosing Party would not have an adequate remedy at law for the breach by the
Receiving Party of any one or more of the covenants contained in this Section 6.1 and agrees that, in the event of such breach, the Disclosing Party may, in addition to the other remedies that may be available to it, apply
to a court for an injunction to prevent breaches of this Section 6.1 and to enforce specifically the terms and provisions of this Section 6.1. Notwithstanding any other Section hereof, to the
extent permitted by applicable law, the provisions of this Section 6.1 shall survive the termination of this Agreement. 

7.2    Choice of Law; Arbitration; Submission to Jurisdiction. 

(a)    This Agreement shall be subject to and governed by the laws of the State of Texas, excluding any conflicts-of-law rule or principle that might refer the construction or interpretation of this Agreement to the laws of another state. 

(b)    The Parties agree that any dispute, controversy, or claim arising out of or relating to this Agreement shall be
settled by submission to binding arbitration in Houston, Texas, such arbitration to be conducted as follows: If the Parties cannot resolve any such dispute, controversy or claim, any Party may initiate binding arbitration after giving a ten-day notice (in writing) of intent to arbitrate to the other Parties to such dispute, controversy, or claim. BP Pipelines, on behalf of the affected BP Pipelines Entities, and the General Partner, on behalf of
the affected members of the Partnership Group, will each select a single arbitrator within 15 days of the delivery of the notice of intent to arbitrate by any Party. The arbitrators must be attorneys familiar by training and experience with
midstream operations, master limited partnerships and Texas law or otherwise specialized or skilled so as to be fit for the nature of the dispute. The two selected arbitrators shall select a third arbitrator who will serve as the chairman. In
addition, the arbitrators must be impartial and independent of the parties to such dispute, controversy, or claim. If a Party is unable or unwilling to select an arbitrator within 15 days of the notice of intent to arbitrate, then the single

  
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selected arbitrator shall select the third arbitrator and those two arbitrators shall select the other Party’s arbitrator. The arbitration proceeding shall be governed by Texas law and shall
be informal and expeditious and conducted in such manner as to result in a good faith resolution as soon as reasonably possible under the circumstances. A hearing, if one is desired by the arbitrators, shall be held in Houston, Texas, no later than
15 days after selection of all of the arbitrators. The arbitrators shall set the schedule and requirements for any further proceedings and move the arbitration to completion as soon as reasonably practicable. It is the intent of the Parties, subject
to any agreement or ruling to the contrary, that they may present such evidence and witnesses as they may choose, with or without counsel. Adherence to formal rules of evidence shall not be required, but the arbitrators shall consider any evidence
and testimony that they determine to be relevant, in accordance with procedures that they determine to be appropriate. Any award entered in the arbitration shall be made by a written opinion stating the reasons and basis for the award made and any
payment due pursuant to the arbitration shall be made within 15 days of the arbitrators’ decision. The final decision of the arbitrators shall be binding on the Parties. Each Party shall bear its own costs and expenses of the arbitration;
provided, however, that the costs of employing arbitrators shall be borne equally by each side. 

(c)    Any Party may bring any action or proceeding to enforce the final decision of the arbitrators exclusively in any
federal or state courts located in Texas and each Party (i) irrevocably submits to the exclusive jurisdiction of such courts, (ii) waives any objection to laying venue in any such action or proceeding in such courts, (iii) waives any
objection that such courts are an inconvenient forum or do not have jurisdiction over it, and (iv) agrees that, to the fullest extent permitted by law, service of process upon it may be effected by mailing a copy thereof by registered or
certified mail (or any substantially similar form of mail), postage prepaid, to it at its address specified in Section 6.3. The foregoing consents to jurisdiction and service of process shall not constitute general consents
to service of process in the State of Texas for any purpose except as provided herein and shall not be deemed to confer rights on any Person other than the Parties. 

(d)    TO THE EXTENT THAT SECTION 6.2(B) AND THE PROVISIONS RELATED THERETO ARE DEEMED UNENFORCEABLE BY A COURT OF
COMPETENT JURISDICTION, THE PARTIES HEREBY IRREVOCABLY WAIVE THE RIGHT TO TRIAL BY JURY IN ANY SUCH DISPUTE, CONTROVERSY OR CLAIM GOVERNED THEREBY. 

7.3    Notice. All notices, requests, demands, and other communications hereunder will be in writing and
will be deemed to have been duly given: (a) if by transmission by facsimile or hand delivery, when delivered; (b) if mailed via the official governmental mail system, five business days after mailing, provided said notice is sent first
class, postage pre-paid, via certified or registered mail, with a return receipt requested; (c) if mailed by an internationally-recognized overnight express mail service such as FedEx, UPS, or DHL
Worldwide, one Business Day after deposit therewith is prepaid; or (d) if by e-mail, one business day after delivery with receipt is confirmed. All notices will be addressed to the Parties at the
respective addresses as follows. 
 If to BP Pipelines: 

BP Pipelines (North America) Inc. 

Attn: Yevgeniy V. Nikulin – Managing Counsel M&A 

501 Westlake Park Boulevard 

Houston, Texas 77079 
 (281) 366-2000 
 Facsimile: (832) 664-6257 

  
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 If to any member of the Partnership Group: 

BP Midstream Partners LP 
 c/o BP
Midstream Partners GP LLC, its general partner 
 501 Westlake Park Boulevard 

Houston, Texas 77079 
 Attn: Chief
Legal Counsel 
 Facsimile: (832) 664-6257 

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

7.5    Termination of Agreement. This Agreement, other than the provisions set forth in Article 2 and
Article 6 hereof, may be terminated (a) by the written agreement of all of the Parties or (b) by the General Partner or the Partnership immediately upon a Partnership Change of Control by written notice given to the other Parties to
this Agreement. In addition, the General Partner may terminate the Operating Services and the General and Administrative Services without cause and with 180 days’ advance notice. For the avoidance of doubt, the Parties’ indemnification
obligations arising prior to the termination of this Agreement under Article 2 shall, to the fullest extent permitted by law, survive such termination in accordance with their respective terms. 

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

7.7    Assignment. No Party shall have the right to assign its rights or obligations under this Agreement
without the consent of the other Parties. 
 7.8    Counterparts. This Agreement may be executed in any
number of counterparts with the same effect as if all signatory parties had signed the same document and shall be construed together and shall constitute one and the same instrument. Delivery of an executed signature page of this Agreement by
facsimile transmission or in portable document format (.pdf) shall be effective as delivery of a manually executed counterpart hereof. 

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

7.10    Further Assurances. In connection with this Agreement and all transactions contemplated by this
Agreement, each signatory party hereto agrees to execute and deliver such additional documents and instruments and to perform such additional acts as may be necessary or appropriate to effectuate, carry out and perform all of the terms, provisions
and conditions of this Agreement and all such transactions. 
 7.11    Rights of Limited Partners. The
provisions of this Agreement are enforceable solely by the Parties to this Agreement, and no Limited Partner or other interest holder of the Partnership shall have the right, separate and apart from the Partnership, to enforce any provision of this
Agreement or to compel any Party to this Agreement to comply with the terms of this Agreement. 

  
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 [Remainder of page intentionally left blank.] 

  
 26 of 32 

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

					
	BP PIPELINES (NORTH AMERICA) INC.

 
					
		
	By:	 	  

	Name:	 	
	Title:	 	

 
					
	
	BP MIDSTREAM PARTNERS LP

 
			
		
	By:	 	BP Midstream Partners GP LLC, its general partner

 
			
		
	        By:	 	  

	        Name:	 	
	        Title:	 	

 
			
	
	BP MIDSTREAM PARTNERS GP LLC

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 
			
	
	 BP AMERICA INC.
 (for purposes of
Articles 4 & 6 only)

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 Signature Page to Omnibus Agreement dated
                     
 among BP
Pipelines (North America) Inc., BP Midstream Partners LP, BP Midstream Partners GP LLC, and BP America Inc. 

 Schedule A 

to 
 Omnibus Agreement dated
                    , 
 among BP
Pipelines (North America) Inc., BP Midstream Partners LP, 
 BP Midstream Partners GP LLC, and BP America Inc. 

 

	 	1.	Constantine, Michigan Pipeline Release. In 2010, a release of over 2,000 gallons of Products (as defined in Schedule C) occurred near Quarterline Road in Constantine, Michigan. A groundwater contamination plume
of Light Non-Aqueous Phase Liquids (“LNAPL”) is present at the site. Remediation will consist of an air sparging system and additional groundwater monitoring wells at the site to stabilize the LNAPL
plume and allow for monitored natural attenuation. 

  

	 	2.	Gerard Terminal Line Release. A release of Products occurred from this pipeline in approximately 1999. BP Pipelines has been unable to fully delineate the area affected by the release because a neighboring
landowner has refused to grant access to their property for additional assessment work. BP Pipelines continues to negotiate with the neighboring landowner for access. 

 

	 	3.	Union, Michigan Pipeline Release. BP Pipelines continues to remediate a release of Products from this pipeline that occurred in 1964. In 2008, the Michigan Department of Environmental Quality (“MDEQ”)
approved the installation of a liquid phase hydrocarbon recovery system. BP Pipelines has also installed an air sparging “cut-off” wall to prevent LNAPL from migrating offsite to an adjacent wetland
area. 

  

	 	4.	Constantine, Michigan Pipeline Release. A release of Products occurred in 1987. BP Pipelines remediated the release under the oversight of MDEQ, which included the use of both a pump and treat system as well as
use of a sulfate biodegradation system. All remedial activities for the site have been completed and groundwater monitoring does not identify the presence of any LNAPL. However, MDEQ will not approve No Further Action (“NFA”) status for
the site until BP Pipelines obtains the consent of two neighboring landowners to record restrictive covenants on the property related to groundwater use. BP Pipelines continues to negotiate with the landowners to obtain consent to record the
restrictive covenants. 

  

	 	5.	Bentley’s Corner, Michigan Pipeline Release. A release of Products occurred in 1981 as a result of a farmer striking the pipeline. MDEQ will not approve NFA status for the site until BP Pipelines obtains the
consent of a neighboring landowner to record a restrictive covenant on the property related to groundwater use. BP Pipelines continues to negotiate with the landowner to obtain consent to record the restrictive covenant. 

 

	 	6.	Colon, Michigan Pipeline Release. In December 2008, over 14,000 gallons of Products were released when a third-party vehicle struck an aboveground scraper trap facility. The collision resulted in a fire, which
subsequently consumed the majority of product released from the pipeline. During remedial activities conducted in response to the December 2008 event, BP Pipelines discovered evidence of a historical release and residual impacts to soils. BP
Pipelines excavated all impacted soils. BP Pipelines has installed groundwater monitoring wells at the site and monitored site groundwater conditions for five quarters without identifying any data to indicate impacts to groundwater. In October 2011,
BP Pipelines submitted an NFA request to MDEQ, but MDEQ rejected that request in 2012. However, MDEQ’s response states that the agency has “no further regulatory interest in the release due to limited staff resources and program funding,
the nature and the extent of the release, and the review of the self-implemented cleanup actions.” 

 End of Schedule A

 Schedule B 

to 
 Omnibus Agreement dated
                    , 
 among BP
Pipelines (North America) Inc., BP Midstream Partners LP, 
 BP Midstream Partners GP LLC, and BP America Inc. 

(1) Indiana Land Trust (Paulson) v. BP Pipelines (North America) Inc.; and 

(2) Kritsch, et al. v. BP Pipelines (North America) Inc., et al. 

End of Schedule B 

  
 29 of 32 

 Schedule C 

to 
 Omnibus Agreement dated
                    , 
 among BP
Pipelines (North America) Inc., BP Midstream Partners LP, 
 BP Midstream Partners GP LLC, and BP America Inc. 

Part I - BP Operating Services 

Operations, repair, management and maintenance of the Partnership Assets, including performing or causing or managing the performance of the following: 

 

	(a)	performance of such activities as may be required to transport and otherwise handle refined products, crude oil, natural gas, natural gas liquids, liquefied natural gas or other hydrocarbons (collectively and
individually, the “Products”) tendered for transportation in each system of pipelines, terminals and other facilities included in the Partnership Assets operated by the Partnership (each an “Operated
Asset”); 

  

	(b)	from Partnership funds, purchasing or causing to be purchased for and in the name of the Partnership or any applicable member of the Partnership Group necessary materials, supplies and services and incurring such
expenses and entering into such commitments as necessary in connection with the proper operation, maintenance, management and repair of the Operated Asset; 

  

	(c)	from Partnership funds, promptly paying and discharging for and in the name of the Partnership or any applicable member of the Partnership Group all expenses, costs and liabilities incurred in operating, repairing,
managing and maintaining the Operated Asset and for replacements, improvements and additions thereto; 

  

	(d)	on behalf of the Partnership or any applicable member of the Partnership Group, promptly invoicing and collecting all tariffs, sums and other payments due or payable thereto; 

 

	(e)	maintaining continuous surveillance of the Operated Asset, periodically inspecting the Operated Asset for damage or other conditions which could affect the safe, efficient and economic operation of the Operated Asset,
and performing such repairs to the Operated Asset as may be required; 

  

	(f)	acting as coordinator and negotiator for the Partnership or any applicable member of the Partnership Group in contracts and agreements (including permits) with Governmental Authorities relating to the physical operation
and maintenance of the Operated Asset and tariffs and taxes, as BP Pipelines determines is appropriate due to laws, regulations, permit conditions, franchise agreements, licenses, or
right-of-way agreements; 

  

	(g)	preparing and maintaining operating and maintenance procedures and manuals, monitoring programs, contingency plans and training programs satisfying applicable laws, rules, regulations, and other requirements of
governmental authorities together with such other operating and maintenance procedures or manuals as the Partnership or any applicable member of the Partnership Group may require; 

 

	(h)	preparing run tickets, daily status reports and other appropriate accounting materials to document custody transfer, receipt and delivery of Products, and sample, measure and reconcile Products received as may be
necessary to verify quality and quantity; 

  
 30 of 32 

	(i)	preparing appropriate surveillance, operating and maintenance reports to document the performance of the Operated Asset; 

  

	(j)	filing, storing and maintaining in a manner such that they shall be available for periodic inspection by the Partnership or any applicable member of the Partnership Group all as built drawings or descriptions of the
Operated Asset, construction and maintenance records, inspection and testing records, operating procedures and manuals, custody transfer documents, and such other records as may be required by applicable laws, rules and regulations of governmental
authorities or as may be requested by the Partnership or any applicable member of the Partnership Group; 

  

	(k)	maintaining other suitable and proper records, budget procedures and accounts as may be required by governmental agencies and regulations or as further set forth in this Agreement; 

 

	(l)	filing reports with appropriate governmental agencies pertaining to spills, leaks and other environmental and pipeline safety incidents and to the economic regulation of the Partnership or any applicable member of the
Partnership Group; 

  

	(m)	engaging and managing such outside contractors, advisers, contractors and other representatives for the benefit of the Partnership or any applicable member of the Partnership Group as BP Pipelines determines may be
necessary or appropriate relating to the direct operation, maintenance, repair or management of the Operated Asset; and 

  

	(o)	responding to emergencies. 

 Part II - General and Administrative Services: 

Part II.A – BP G&A Services 

Services provided by directors, officers, employees and individual contractors of BP Pipelines Entities pursuant to the BP Administrative Fee
as set forth in Section 3.2(a) (except to the extent provided otherwise in Part B or Part C below and to the extent not constituting BP Operating Personnel Services): 

 

	 	(a)	Executive management services; 

  

	 	(b)	Financial management services; 

  

	 	(c)	Treasury services; 

  

	 	(d)	Accounting and financial reporting services; 

  

	 	(e)	Tax related services; 

  

	 	(f)	Information technology services; 

  

	 	(g)	Legal & regulatory compliance and reporting services; 

  

	 	(h)	Health, safety and environmental services; 

  

	 	(i)	Human resources services, including benefits administration; 

  
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	 	(j)	Procurement administration services*; 

  

	 	(k)	Non-project engineering and technical services; 

  

	 	(l)	Business development services; 

  

	 	(m)	Investor relations, communications and external affairs services; 

  

	 	(n)	Insurance procurement and administration; 

  

	 	(o)	Land, right of way and real property management services; 

  

	 	(p)	Administrative services; and 

  

	 	(q)	as requested by the General Partner, the management and oversight of third parties providing services to the Partnership described in Part C of this Schedule C. 

(*) While the General and Administrative Services include the conduct of procurement administrative processes by BP Pipelines Entities for
the benefit of the Partnership Group, the actual costs of operating, maintenance, repair, construction, transportation, handling, storage, balancing and similar services as well as the costs of materials and consumables, in each case purchased by or
for the benefit of the Partnership is not included in the BP Administrative Fee. 
 Part II.B – BP D&O Services 

 

	 	(a)	Services of certain directors, officers or employees of BP Pipelines or its Affiliates serving in their capacities as directors or officers of the General Partner and any of the other members of the Partnership Group,
including services related to obtaining the benefit of and enforcing the rights of the Partnership with respect to the indemnities provided by BP Pipelines pursuant to Sections 2.1, 2.2 and 2.3. 

Part II.C – Third-Party G&A Services 
  

	 	(a)	Independent auditor services; 

  

	 	(b)	External legal counsel services; 

  

	 	(c)	External investment banking advice and services; 

  

	 	(d)	Transfer agent services; 

  

	 	(e)	Third-party insurance procurement and insurance administration services; 

  

	 	(f)	Third-party tax returns preparation and filing and K-1 preparation and distribution; and 

  

	 	(g)	Other third-party costs associated with compliance and reporting related to the Partnership’s publicly traded securities. 

End of Schedule C 

  
 32 of 32EX-10.4

 Exhibit 10.4 

 
 FORM OF 

BP MIDSTREAM PARTNERS LP 
 2017 LONG TERM INCENTIVE PLAN 
  
 1.    Purpose of the Plan. The BP Midstream Partners LP 2017 Long Term Incentive Plan (the “Plan”) has been adopted on
            , 2017 (the “Effective Date”) by BP Midstream Partners GP LLC, a Delaware limited liability company, the general partner (“General
Partner”) of BP Midstream Partners LP, a Delaware limited partnership (the “Partnership”).    The purpose of awards, if any, under the Plan is to provide additional incentive compensation to
certain non-corporate individuals providing services to the Partnership, and to align the economic interests of such individuals with the interests of unitholders. 

 
 2.    Definitions. As used in the Plan, the
following terms shall have the meanings set forth below: 
  
 (a)    “409A Award” means an Award that constitutes a “deferral of compensation” within the meaning of Section 409A, whether by design, due to a
subsequent modification in the terms and conditions of such Award or as a result of a change in applicable law following the date of grant of such Award, and that is not exempt from Section 409A pursuant to an applicable exemption. 

 

(b)    “Section 409A” means Section 409A of the Code and the
applicable Treasury regulations and other interpretive guidance promulgated pursuant to Section 409A of the Code. 
  

(c)    “Affiliate” means, with respect to any Person, any other Person that directly or
indirectly through one or more intermediaries controls, is controlled by or is under common control with, the Person in question. As used herein, the term “control” means the possession, direct or indirect, of the power to direct or cause
the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise. 
  

(d)    “Award” means an Option, Unit Appreciation Right, Restricted Unit, Phantom Unit, Unit
Award, Substitute Award, Other Unit-Based Award or Cash Award granted under the Plan or Performance Awards and includes, as appropriate, any DERs granted alone or in tandem with an Award (other than a Restricted Unit or Unit Award). 

 
 (e)    “Award
Agreement” means the written or electronic agreement by which an Award shall be evidenced. 
  

(f)    “Board” means the Board of Directors of the General Partner. 

 
 (g)    “Cash
Award” means an award denominated in cash. 
  
 (h)    “Change in Control” means, and shall be deemed to have occurred upon one or more of the following events: 

 
 (i)    any
“person” or “group” within the meaning of those terms as used in Sections 13(d) and 14(d)(2) of the Exchange Act, other than members of the General Partner, the Partnership, or any of their respective Affiliates, shall become the
beneficial owner, directly or indirectly, by way of merger, consolidation, recapitalization, reorganization or otherwise, of more than 50% of the voting power of the voting securities of the General Partner or the Partnership; 

 
 (ii)    the members of
the General Partner and the limited partners of the Partnership approve, in one transaction or a series of transactions, a plan of complete liquidation of the General Partner or the Partnership; 

 (iii)    the sale or other disposition by either the
General Partner or the Partnership of all or substantially all of its assets in one or more transactions to any Person other than an Affiliate of the General Partner or the Partnership; 
  
 (iv)    the General Partner or an Affiliate of the General Partner or an
Affiliate of the Partnership ceases to be the general partner of the Partnership; or 
  

(v)    any other event specified as a “Change in Control” in an applicable Award
Agreement. 
  
 Notwithstanding the above, with respect to a 409A
Award, a “Change in Control” shall not occur unless that Change in Control also constitutes a “change in the ownership of a corporation,” a “change in the effective control of a corporation,” or a “change in the
ownership of a substantial portion of a corporation’s assets,” in each case, within the meaning of Section 1.409A-3(i)(5) of the Treasury Regulations, as applied to non-corporate entities. 
  
 (i)    “Chief Executive Officer” means the then-current Chief Executive Officer of the General Partner. 
  
 (j)    “Clawback” means (i) the recoupment, repurchase,
cancellation, forfeiture and/or termination of an Award, or any portion thereof, that has been settled, as the Committee may determine in its discretion, or (ii) in the event a Participant has sold or otherwise alienated such Award or a portion
thereof, the payment by the Participant to or to the order of the Partnership of an amount equal to the fair market value of such Award or, if applicable, the sold or alienated portion thereof, as of the date of such sale or alienation, as the
Committee may determine in its discretion. 
  

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

  

(l)    “Committee” means the Board or such committee as may be appointed by the Board to
administer the Plan, which alternative committee may be the board of directors or managers of any Affiliate of the General Partner or a committee therefore. 
  

(m)    “Consultant” means an individual (who is not an Employee) who renders consulting or
advisory services to the General Partner, the Partnership or any of their respective Affiliates. 
  
 (n)    “Director” means a member of the Board or the board of directors of an Affiliate of the General Partner who is not an Employee or a Consultant (other
than in that individual’s capacity as a Director). 
  
 (o)    “Distribution Equivalent Right” or “DER” means a right, granted alone or in tandem with a specific Award (other than a Restricted
Unit or Unit Award), to receive with respect to each Unit subject to the Award an amount in cash, Units and/or Phantom Units, as determined by the Committee in its sole discretion, equal in value to the distributions made by the Partnership with
respect to a Unit during the period such Award is outstanding. 
  
 (p)    “Effective Date” has the meaning set forth in Section 1. 
  

(q)    “Employee” means an employee of the General Partner or an Affiliate of the General
Partner who performs services for the General Partner, the Partnership or any of their respective Affiliates. 
  

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

  
 2 

 (s)    “Fair Market Value” means, on any
relevant date, the closing sales price of a Unit on the principal national securities exchange or other market in which trading in Units occurs on the last market trading day prior to the applicable day (or, if there is no trading in the Units on
such date, on the next preceding day on which there was trading) as reported in The Wall Street Journal (or other reporting service approved by the Committee). If Units are not traded on a national securities exchange or other market at the time a
determination of Fair Market Value is required to be made hereunder, the determination of Fair Market Value shall be made by the Committee in good faith using a “reasonable application of a reasonable valuation method” within the meaning
of Section 409A (specifically, Section 1.409A-l(b)(5)(iv)(B) of the Treasury Regulations). 
  

(t)    “General Partner” has the meaning set forth in Section 1. 

 
 (u)    “Malus”
means the reduction, cancellation, forfeiture or other termination of an Award prior to the settlement of such Award. 
  

(v)    “Option” means an option to purchase Units granted under the Plan. 

 
 (w)    “Other Unit-Based
Award” means an Award granted to an Employee, Director or Consultant pursuant to Section 6(f). 
  

(x)    “Participant” means an Employee, Consultant or Director granted an Award under the
Plan. 
  

(y)    “Partnership” has the meaning set forth in Section 1. 

 
 (z)    “Performance
Award” means a right granted to an Employee, Director or Consultant pursuant to Section 6(j), to receive an Award based upon performance criteria specified by the Committee. 
  
 (aa)    “Person” means an individual or a corporation, limited
liability company, partnership, joint venture, trust, unincorporated organization, association, governmental agency or political subdivision thereof or other entity. 

 
 (bb)    “Phantom
Unit” means a notional Unit granted under the Plan which upon vesting entitles the Participant to receive, at the time of settlement, a Unit or an amount of cash equal to the Fair Market Value of a Unit, as determined by the Committee
in its sole discretion. 
  

(cc)    “Plan” has the meaning set forth in Section 1. 

 
 (dd)    “Qualified
Member” means a member of the Committee who is a “nonemployee director” within the meaning of Rule 16b-3(b)(3). 

 
 (ee)    “Restricted
Period” means the period established by the Committee with respect to an Award during which the Award remains subject to forfeiture and is either not exercisable by or payable to the Participant, as the case may be. 

 
 (ff)    “Restricted
Unit” means a Unit granted under the Plan that is subject to a Restricted Period. 
  
 (gg)    “Rule 16b-3” means Rule 16b-3 promulgated by the SEC under the Exchange
Act or any successor rule or regulation thereto as in effect from time to time. 

  
 3 

 (hh)    “SEC” means the Securities and Exchange
Commission, or any successor thereto. 
  

(ii)    “Substitute Award” means an award granted pursuant to Section 6(h) of the Plan.

  
 (jj)    “Unit
Distribution Right” or “UDR” means a distribution made by the Partnership with respect to a Restricted Unit. 
  

(kk)    “Unit” or “Units” means a Common Unit or Common Units of the
Partnership. 
  

(ll)    “Unit Appreciation Right” means a right granted under the Plan that entitles the
holder to receive, in cash or Units, as determined by the Committee in its sole discretion, an amount equal to the excess of the Fair Market Value of a Unit on the exercise date of the Unit Appreciation Right (or another specified date) over the
exercise price of the Unit Appreciation Right. 
  

(mm)    “Unit Award” means a grant of a Unit that is not subject to a Restricted Period.

  
 3.    Administration. 

 
 (a)    Authority of the
Committee. The Plan shall be administered by the Committee. A majority of the Committee shall constitute a quorum, and the acts of the members of the Committee who are present at any meeting thereof at which a quorum is present, or acts
unanimously approved by the members of the Committee in writing, shall be the acts of the Committee. Subject to the terms of the Plan and applicable law, and in addition to other express powers and authorizations conferred on the Committee by the
Plan, the Committee shall have full power and authority to: (i) designate Participants; (ii) determine the type or types of Awards to be granted to a Participant; (iii) determine the number of Units to be covered by Awards;
(iv) determine the terms and conditions of any Award, consistent with the terms of the Plan, which terms may include any provision regarding the acceleration of vesting or waiver of forfeiture restrictions or any other condition or limitation
regarding an Award, based on such factors as the Committee shall determine, in its sole discretion; (v) determine whether, to what extent, and under what circumstances Awards may be vested, settled, exercised, canceled, or forfeited;
(vi) modify, waive or adjust any term or condition of an Award that has been granted, which may include the acceleration of vesting, waiver of forfeiture restrictions, modification of the form of settlement of the Award (for example, from cash
to Units or vice versa), early termination of a performance period, or modification of any other condition or limitation regarding an Award; (vii) interpret and administer the Plan and any instrument or agreement relating to an Award made under
the Plan; (viii) establish, amend, suspend, or waive such rules and regulations and appoint such agents as it shall deem appropriate for the proper administration of the Plan; and (ix) make any other determination and take any other action
that the Committee deems necessary or desirable for the administration of the Plan. The Committee may correct any defect or supply any omission or reconcile any inconsistency in the Plan or an Award Agreement in such manner and to such extent as the
Committee deems necessary or appropriate. The determinations of the Committee on the matters referred to in this Section 3(a) shall be final and conclusive unless expressly provided in the Plan. 

 
 (b)    Manner and Exercise of
Committee Authority. The Board may take any action relating to an Award granted or to be granted to a Participant who is then subject to Section 16 of the Exchange Act in respect of the Partnership. If the Board has appointed a committee to
administer the Plan, any time that a member of the Committee is not a Qualified Member, any action of the Committee relating to an Award granted or to be granted to a Participant who is then subject to Section 16 of the Exchange Act in respect
of the Partnership may be taken either (i) by a subcommittee, designated by the Committee, composed solely of two or more Qualified Members, or (ii) by the Committee but with each such member who is not a Qualified Member abstaining or
recusing himself or herself from such action; provided, however, that upon such abstention or recusal the Committee remains composed solely of two or more Qualified 

  
 4 

 
Members. Such action, authorized by such a subcommittee or by the Committee upon the abstention or recusal of such non-Qualified Member(s), shall be the
action of the Committee for all purposes of the Plan. Unless otherwise expressly provided in the Plan, all designations, determinations, interpretations, and other decisions under or with respect to the Plan or any Award shall be within the sole
discretion of the Committee, may be made at any time and shall be final, conclusive, and binding upon all Persons, including, without limitation, the General Partner, the Partnership, any of their respective Affiliates, any Participant, and any
beneficiary of a Participant. The express grant of any specific power to the Committee, and the taking of any action by the Committee, shall not be construed as limiting the power or authority of the Committee. Subject to the Plan and any applicable
law, the Committee, in its sole discretion, may delegate any or all of its powers and duties under the Plan, including the power to grant Awards under the Plan, to the Chief Executive Officer, subject to such limitations on such delegated powers and
duties as the Committee may impose, if any, and provided that the Committee may not delegate its duties where such delegation would violate state partnership law, the Partnership’s limited partnership agreement or the General Partner’s
limited liability company agreement, or with respect to making Awards to, or otherwise with respect to Awards granted to, Participants who are subject to Section 16(b) of the Exchange Act. Upon any such delegation, all references in the Plan to
the “Committee,” other than in Section 7, shall be deemed to include the Chief Executive Officer. Any such delegation shall not limit the Chief Executive Officer’s right to receive Awards under the Plan; provided,
however, the Chief Executive Officer may not grant Awards to himself, a Director or any executive officer of the General Partner or any of its Affiliates, or take any action with respect to any Award previously granted to himself, an
individual who is an executive officer or a Director. Under no circumstances shall any such delegation result in the loss of an exemption under Rule 16b-3(d)(1) for Awards granted to Participants subject to
Section 16 of the Exchange Act in respect of the Partnership. 
  
 (c)    Limitation of Liability. The Committee and each member thereof shall be entitled to, in good faith, rely or act upon any report or other information furnished to him or
her by any officer or employee of the General Partner, the Partnership or any of their respective Affiliates, the General Partner’s or the Partnership’s legal counsel, independent auditors, consultants or any other agents assisting in the
administration of the Plan. Members of the Committee and any officer or employee of the General Partner, the Partnership or any of their respective Affiliates acting at the direction or on behalf of the Committee shall not be personally liable for
any action or determination taken or made in good faith with respect to the Plan, and shall, to the fullest extent permitted by law, be indemnified and held harmless by the General Partner with respect to any such action or determination.

  
 (d)    Exemptions from
Section 16(b) Liability. It is the intent of the General Partner that the grant of any Awards to, or other transaction by, a Participant who is subject to Section 16 of the Exchange Act shall be exempt from
Section 16(b) of the Exchange Act pursuant to Rule 16b-3 or another applicable exemption (except for transactions acknowledged by the Participant in writing to be
non-exempt). Accordingly, if any provision of the Plan or any Award Agreement does not comply with the requirements of Rule 16b-3 or such other exemption as then
applicable to any such transaction, such provision shall be construed or deemed amended to the extent necessary to conform to the applicable requirements of Rule 16b-3 so that such Participant shall avoid
liability under Section 16(b) of the Exchange Act. 
  

4.    Units. 
  

(a)    Limits on Units Deliverable. Subject to adjustment as provided in Section 4(c) and Section 7,
the aggregate number of Units that may be delivered with respect to Awards under the Plan shall initially be equal to                      Units.
Units withheld from an Award or surrendered by a Participant for purposes of tax withholding (including Units withheld pursuant to Section 8(b) and the withholding of Units with respect to Restricted Units) or to satisfy the payment of any
exercise price with respect to the 

  
 5 

 
Award, shall not be considered to be Units delivered under the Plan for this purpose. If any Award is forfeited, cancelled, exercised, settled in cash, or otherwise terminates or expires without
the actual delivery of Units pursuant to such Award (the grant of Restricted Units is not a delivery of Units for this purpose), the Units subject to such Award shall again be available for Awards under the Plan (including Units not delivered in
connection with the exercise of an Option or Unit Appreciation Right) and will not be counted against the maximum aggregate unit limit provided in this Section 4(a). There shall not be any limitation on the number of Awards that may be
granted and paid in cash. 
  

(b)    Sources of Units Deliverable Under Awards. Any Units delivered pursuant to an Award shall consist, in
whole or in part, of newly issued Units, Units acquired in the open market, Units acquired from the General Partner or any Affiliate of the Partnership or General Partner, or any other Person, or any combination of the foregoing, as determined by
the Committee in its discretion. 
  

(c)    Anti-dilution Adjustments. Notwithstanding anything contained in Section 7, with respect to any
“equity restructuring” event that could result in an additional compensation expense to the General Partner or the Partnership pursuant to the provisions of FASB Accounting Standards Codification, Topic 718 if adjustments to Awards with
respect to such event were discretionary, the Committee shall equitably adjust the number and type of Units covered by each outstanding Award and the terms and conditions, including the exercise price and performance criteria (if any), of such Award
to equitably reflect such restructuring event and shall adjust the number and type of Units (or other securities or property) with respect to which Awards may be granted after such event. With respect to any other similar event that would not result
in an accounting charge under FASB Accounting Standards Codification, Topic 718 if the adjustment to Awards with respect to such event were subject to discretionary action, the Committee shall have complete discretion to adjust Awards in such manner
as it deems appropriate with respect to such other event. In the event the Committee makes any adjustment pursuant to the foregoing provisions of this Section 4(c), the Committee shall make a corresponding and proportionate adjustment with
respect to the maximum number of Units that may be delivered with respect to Awards under the Plan as provided in Section 4(a) and the kind of Units or other securities available for grant under the Plan. 

 
 (d)    Additional Issuances.
Except as hereinbefore expressly provided, the issuance by the General Partner or the Partnership of Units for cash, property, labor or services, upon direct sale, or upon the conversion of Units or obligations of the General Partner or the
Partnership convertible into such Units, and in any case whether or not for fair value, shall not affect, and no adjustment by reason thereof shall be made with respect to, the number of Units subject to Awards theretofore granted pursuant to the
Plan. 
  
 5.    Eligibility. Any Employee,
Consultant or Director shall be eligible to be designated a Participant and receive an Award under the Plan; provided, that an Employee, Consultant or Director must be an “employee” (within the meaning of General Instruction A.1(a)
to Form S-8) of the Partnership, the General Partner or any of their respective Affiliates who provides services to or for the benefit of any such entity, to be eligible to receive such an Award if such
individual will be granted an Award that shall, or may, be settled in Units and only in accordance with any other eligibility criteria the General Partner in its sole discretion may set. 
  
 6.    Awards. 

 
 (a)    General. Awards may be
granted on the terms and conditions set forth in this Section 6, and the grant of any Award on any particular basis does not create any right to or expectation of a grant of an Award on the same basis, or at all, at any other time. In addition,
the Committee may impose on any Award or the exercise thereof, at the date of grant or thereafter (subject to Section 7(a)), such additional terms and conditions, not inconsistent with the provisions of the Plan, as the Committee shall
determine, 

  
 6 

 
including terms requiring forfeiture of Awards in the event of termination of employment by the Participant, or termination of the Participant’s service relationship with the General
Partner, the Partnership, or their respective Affiliates, and terms permitting a Participant to make elections relating to his or her Award. The Committee shall retain full power and discretion to accelerate, waive or modify, at any time, any term
or condition of an Award that is not mandatory under the Plan; provided, however, that the Committee shall not have any discretion to accelerate the terms of payment of any 409A Award if such acceleration would subject a Participant to
additional taxes under Section 409A. 
  

(b)    Options. The Committee may grant Options that are intended to comply with
Section 1.409A-l(b)(5)(i)(A) of the Treasury Regulations only to Employees, Consultants or Directors performing services on the date of grant for the Partnership or a corporation or other type of entity
in a chain of corporations or other entities in which each corporation or other entity has a “controlling interest” in another corporation or entity in the chain, starting with the Partnership and ending with the corporation or other
entity for which the Employee, Consultant or Director performs services. For purposes of this Section 6(b), “controlling interest” means (i) in the case of a corporation, ownership of stock possessing at least 50% of total
combined voting power of all classes of stock of such corporation entitled to vote or at least 50% of the total value of shares of all classes of stock of such corporation; (ii) in the case of a partnership, ownership of at least 50% of the
profits interest or capital interest of such partnership; (iii) in the case of a sole proprietorship, ownership of the sole proprietorship; or (iv) in the case of a trust or estate, ownership of an actuarial interest (as defined in Section 1.414(c)-2(b)(2)(ii) of the Treasury Regulations) of at least 50% of such trust or estate. The Committee may grant Options that are otherwise exempt from or compliant with Section 409A to any
eligible Employee, Consultant or Director. The Committee shall have the authority to determine the number of Units to be covered by each Option, the exercise price therefore and the Restricted Period and other conditions and limitations applicable
to the exercise of the Option, including the following terms and conditions and such additional terms and conditions, as the Committee shall determine, that are not inconsistent with the provisions of the Plan. 

 
 (i)    Exercise
Price. The exercise price per Unit purchasable under an Option shall be determined by the Committee at the time the Option is granted but, except with respect to a Substitute Award, may not be less than the Fair Market Value of a Unit as of the
date of grant of the Option. For purposes of this Section 6(b)(i), the Fair Market Value of a Unit shall be determined as of the date of grant. 
  

(ii)    Time and Method of Exercise. The Committee shall determine the exercise terms and the
Restricted Period with respect to an Option grant, which may include, without limitation, a provision for accelerated vesting upon the achievement of specified performance goals or other events, and the method or methods by which payment of the
exercise price with respect thereto may be made or deemed to have been made, which may include, without limitation, cash, check acceptable to the General Partner, withholding Units from an Award, a “cashless-broker” exercise through
procedures approved by the General Partner, or any combination of the above methods, having a Fair Market Value on the exercise date equal to the relevant exercise price. 

 

(iii)    Forfeitures. Except as otherwise provided in the terms of the Award Agreement, upon
termination of a Participant’s employment or service to the General Partner and its Affiliates or membership on the Board or the board of directors of an Affiliate of the General Partner, whichever is applicable, for any reason during the
applicable Restricted Period, all unvested Options shall be forfeited by the Participant. The Committee may, in its discretion, waive in whole or in part such forfeiture with respect to a Participant’s Options; provided, that the waiver
contemplated under this Section 6(b)(iii) shall be effective only to the extent that such waiver will not cause the Participant’s Options that are designed to satisfy Section 409A to fail to satisfy such Section. 

  
 7 

 (c)    Unit Appreciation Rights. The Committee may grant Unit
Appreciation Rights that are intended to comply with Section 1.409A-l(b)(5)(i)(B) of the Treasury Regulations only to Employees, Consultants or Directors performing services on the date of grant for the
Partnership or a corporation or other type of entity in a chain of corporations or other entities in which each corporation or other entity has a “controlling interest” in another corporation or entity in the chain, starting with the
Partnership and ending with the corporation or other entity for which the Employee, Consultant or Director performs services. For purposes of this Section 6(c), “controlling interest” means (i) in the case of a corporation,
ownership of stock possessing at least 50% of total combined voting power of all classes of stock of such corporation entitled to vote or at least 50% of the total value of shares of all classes of stock of such corporation; (ii) in the case of
a partnership, ownership of at least 50% of the profits interest or capital interest of such partnership; (iii) in the case of a sole proprietorship, ownership of the sole proprietorship; or (iv) in the case of a trust or estate, ownership
of an actuarial interest (as defined in Section 1.414(c)-2(b)(2)(ii) of the Treasury Regulations) of at least 50% of such trust or estate. The Committee may grant Unit Appreciation Rights that are
otherwise exempt from or compliant with Section 409A to any eligible Employee, Consultant or Director. The Committee shall have the authority to determine the Employees, Consultants and Directors to whom Unit Appreciation Rights shall be
granted, the number of Units to be covered by each grant, whether Units or cash shall be delivered upon exercise, the exercise price therefor and the conditions and limitations applicable to the exercise of the Unit Appreciation Rights, including
the following terms and conditions and such additional terms and conditions as the Committee shall determine, that are not inconsistent with the provisions of the Plan. 

 
 (i)    Exercise
Price. The exercise price per Unit under a Unit Appreciation Right shall be determined by the Committee at the time the Unit Appreciation Right is granted but, except with respect to a Substitute Award, may not be less than the Fair Market Value
of a Unit as of the date of grant of the Unit Appreciation Right. For purposes of this Section 6(c)(i), the Fair Market Value of a Unit shall be determined as of the date of grant. 
  
 (ii)    Time of Exercise. The Committee shall determine the
Restricted Period and the time or times at which a Unit Appreciation Right may be exercised in whole or in part, which may include, without limitation, accelerated vesting upon the achievement of specified performance goals or other events.

  

(iii)    Forfeitures. Except as otherwise provided in the terms of the Award Agreement, upon
termination of a Participant’s employment with or service to the General Partner, the Partnership and their respective Affiliates or membership on the Board or the board of directors of an Affiliate of the General Partner or Partnership,
whichever is applicable, for any reason during the applicable Restricted Period, all outstanding Unit Appreciation Rights awarded to the Participant shall be automatically forfeited on such termination. The Committee may, in its discretion, waive in
whole or in part such forfeiture with respect to a Participant’s Unit Appreciation Rights; provided, that the waiver contemplated under this Section 6(c)(iii) shall be effective only to the extent that such waiver will not cause the
Participant’s Options that are designed to satisfy Section 409A to fail to satisfy Section 409A. 
  

(d)    Restricted Units and Phantom Units. The Committee shall have the authority to determine the Employees,
Consultants and Directors to whom Restricted Units or Phantom Units shall be granted, the number of Restricted Units or Phantom Units to be granted to each such Participant, the Restricted Period, the conditions under which the Restricted Units or
Phantom Units may become vested or forfeited and such other terms and conditions as the Committee may establish with respect to such Awards. 
  

(i)    UDRs. To the extent provided by the Committee, in its discretion, a grant of Restricted
Units may provide that the distributions made by the Partnership with respect to the Restricted Units shall be subject to the same forfeiture and other restrictions as the Restricted Unit 

  
 8 

 
and, if restricted, such distributions shall be held, without interest, until the Restricted Unit vests or is forfeited with the UDR being paid or forfeited at the same time, as the case may be.
In addition, the Committee may provide that such distributions be used to acquire additional Restricted Units for the Participant. Such additional Restricted Units may be subject to such vesting and other terms as the Committee may prescribe. Absent
such a restriction on the UDRs in the Award Agreement, UDRs shall be paid to the holder of the Restricted Unit without restriction at the same time as cash distributions are paid by the Partnership to its unitholders. Notwithstanding the foregoing,
UDRs shall only be paid in a manner that is either exempt from or in compliance with Section 409A. 
  

(ii)    Forfeitures. Except as otherwise provided in the terms of the applicable Award
Agreement, upon termination of a Participant’s employment with or services to the General Partner and its Affiliates or membership on the Board or the board of directors of an Affiliate of the General Partner, whichever is applicable, for any
reason during the applicable Restricted Period, all outstanding, unvested Restricted Units and Phantom Units awarded to the Participant shall be automatically forfeited on such termination. The Committee may, in its discretion, waive in whole or in
part such forfeiture with respect to a Participant’s Restricted Units and/or Phantom Units; provided, that the waiver contemplated under this Section 6(d)(ii) shall be effective only to the extent that such waiver will not cause the
Participant’s Restricted Units and/or Phantom Units that are designed to satisfy Section 409A to fail to satisfy such Section. 
  

(iii)    Lapse of Restrictions. 
  
 (A)    Phantom Units. Except as otherwise set
forth in an Award Agreement, no later than the 60th
calendar day following the vesting of each Phantom Unit, subject to the provisions of Section 8(b), the Participant shall be entitled to settlement of such Phantom Unit and shall receive one Unit or an amount in cash equal to the Fair Market
Value of a Unit (for purposes of this Section 6(d)(iii), as calculated on the last day of the Restricted Period), as determined by the Committee in its discretion. 

 
 (B)    Restricted
Units. Except as otherwise provided in an Award Agreement, upon the vesting of each Restricted Unit, subject to satisfying the tax withholding provisions of Section 8(b), the Participant shall be entitled to have the restrictions removed
from his or her Award so that the Participant then holds an unrestricted Unit. 
  
 (e)    Unit Awards. The Committee shall have the authority to grant a Unit Award under the Plan to any Employee, Consultant or Director in a number determined by the Committee
in its discretion, as a bonus or additional compensation or in lieu of cash compensation the individual is otherwise entitled to receive, in such amounts as the Committee determines to be appropriate. 

 
 (f)    Cash Awards; Other Unit-Based
Awards. The Committee is authorized, subject to limitations under applicable law, to grant to Participants such other Awards that may be denominated or payable in, valued in whole or in part by reference to, or otherwise based on, or related to,
Units, as deemed by the Committee to be consistent with the purposes of the Plan, including, without limitation, convertible or exchangeable debt securities, other rights convertible or exchangeable into Units, purchase rights for Units, Awards with
value and payment contingent upon performance of the Partnership or any other factors designated by the Committee, and Awards valued by reference to the book value of Units or the value of securities of or the performance of specified Affiliates of
the General Partner or the Partnership. The Committee shall determine the terms and conditions of such Awards. Units delivered pursuant to an Award in the nature of a purchase right granted under this Section 6(f) shall be purchased for such
consideration, paid for at such times, by such methods, and in such forms, including, without limitation, cash, Units, other Awards, or other property, as the Committee shall determine. Cash awards, as an element of or supplement to, or independent
of any other Award under the Plan, may also be granted pursuant to this Section 6(f).     

  
 9 

 (g)    DERs. To the extent provided by the Committee, in its
discretion, an Award (other than a Restricted Unit or Unit Award) may include a tandem DER grant, which may provide that such DERs shall be paid directly to the Participant, be reinvested into additional Awards, be credited to a bookkeeping account
(with or without interest in the discretion of the Committee) subject to the same vesting restrictions as the tandem Award, or be subject to such other provisions or restrictions as determined by the Committee in its discretion. Absent a contrary
provision in the Award Agreement, DERs shall be paid to the Participant without restriction at the same time as ordinary cash distributions are paid by the Partnership to its unitholders. Notwithstanding the foregoing, DERs shall only be paid in a
manner that is either exempt from or in compliance with Section 409A. 
  
 (h)    Substitute Awards. Awards may be granted under the Plan in substitution for similar awards held by individuals who become Employees, Consultants or Directors as a result
of a merger, consolidation or acquisition by the Partnership or an Affiliate of the Partnership of another entity or the assets of another entity. Such Substitute Awards that are Options or Unit Appreciation Rights may have exercise prices less than
the Fair Market Value of a Unit on the date of the substitution if such substitution complies with Section 409A and other applicable laws and exchange rules. 

 
 (i)    Prohibition on Repricing of
Options and Unit Appreciation Rights. Except as provided in this Section 6(i) or in Section 7, without the approval of the unitholders of the Company, the terms of outstanding Awards may not be amended to (i) reduce the Exercise
Price of an outstanding Option or Unit Appreciation Right, (ii) grant a new Option, Unit Appreciation Right or other Award in substitution for, or upon the cancellation of, any previously granted Option or Unit Appreciation Right that has the
effect of reducing the Exercise Price thereof, (iii) exchange any Option or Unit Appreciation Right for Units, cash or other consideration when the Exercise Price per Unit under such Option or Unit Appreciation Right exceeds the Fair Market
Value of a Unit, or (iv) take any other action that would be considered a “repricing” of an Option or Unit Appreciation Right under the applicable listing standards of the national securities exchange on which the Units are listed (if
any). 
  
 (j)    Performance
Awards. The right of a Participant to receive a grant of, exercise, vest in, or receive settlement of any Award, and the timing thereof, may be subject to such performance conditions as may be specified by the Committee. The Committee may use
such business criteria and other measures of performance as it may deem appropriate in establishing any performance conditions, and may exercise its discretion to reduce or increase the amounts payable under any Award subject to performance
conditions. 
  

(i)    Performance Goals Generally. The performance goals for such Performance Awards shall
consist of one or more business criteria or individual performance criteria and a targeted level or levels of performance with respect to each of such criteria, as specified by the Committee consistent with this Section 6(i). The Committee may
determine that such Performance Awards shall be granted, exercised, and/or settled upon achievement of any one performance goal or that two or more of the performance goals must be achieved as a condition to grant, exercise and/or settlement of such
Performance Awards. The Committee shall establish any such performance conditions and goals based on one or more business criteria for the General Partner and/or the Partnership, on a consolidated basis, and/or for specified Affiliates or business
or geographical units of the Partnership, as determined by the Committee in its discretion, which may include (but are not limited to) one or more of the following: (A) earnings per Unit, (B) increase in revenues, (C) increase in cash
flow, (D) increase in cash flow from operations, (E) increase in cash flow return on investment, (F) return on net assets, (G) return on assets, (H) return on investment, (I) return on capital, (J) return on
equity, (K) economic value added, (L) 

  
 10 

 
operating margin, (M) contribution margin, (N) net income, (O) net income per Unit, (P) pretax earnings, (Q) pretax earnings before interest, depreciation and
amortization, (R) pretax operating earnings after interest expense and before incentives, service fees, and extraordinary or special items, (S) total unitholder return, (T) debt reduction or management, (U) market share,
(V) change in the Fair Market Value of the Units, (W) operating income, (X) sales; (Y) expense reduction or management; (Z) unitholder value added; (AA) net operating profit; (BB) net operating profit after tax;
(CC) effective equipment utilization; (DD) achievement of savings from business improvement projects; (EE) capital project deliverables; (FF) performance against environmental targets; (GG) safety performance and/or incident rate; (HH) human
resources management targets, including medical cost reductions and time to hire; (II) leverage ratios including debt to equity and debt to total capital; (JJ) new or expanded market penetration; (KK) satisfactory internal or external audits;
and (LL) any of the above goals determined on an absolute or relative basis or as compared to the performance of a published or special index deemed applicable by the Committee including, but not limited to, the Standard & Poor’s 500
Stock Index or a group of comparable companies. Performance goals may differ for Performance Awards granted to any one Participant or to different Participants. 

 
 (ii)    Performance
Periods. Achievement of performance goals in respect of such Performance Awards shall be measured over a performance period of up to ten years, as specified by the Committee. Performance goals shall be established by the Committee not later than
90 days after the beginning of any performance period applicable to such Performance Awards. 
  

(iii)    Settlement. At the end of each performance period, the Committee shall determine the
amount, if any, of the potential Performance Award otherwise payable to each Participant and, except as otherwise provided in an Award Agreement, such amount shall be paid to the Participant no later than March 15 of the year following the year
that included the last day of the applicable performance period. Settlement of such Performance Awards shall be in cash, Units, other Awards or other property, in the discretion of the Committee. The Committee may, in its discretion, reduce or
increase the amount of a settlement otherwise to be made in connection with such Performance Awards. The Committee shall specify the circumstances in which such Performance Awards shall be paid or forfeited in the event of termination of employment
by the Participant prior to the end of a performance period or settlement of Performance Awards.  
  

(k)    Certain Provisions Applicable to Awards. 
  
 (i)    Stand-Alone, Additional, Tandem and Substitute Awards. Awards
may, in the discretion of the Committee, be granted either alone or in addition to, in tandem with, or in substitution for any other Award granted under the Plan or any award granted under any other plan of the Partnership or any of its Affiliates.
Awards granted in addition to, in substitution for, or in tandem with other Awards or awards granted under any other plan of the Partnership or any of its Affiliates may be granted either at the same time as or at a different time from the grant of
such other Awards or awards. If an Award is granted in substitution or exchange for another Award, the Committee shall require the surrender of such other Award in consideration for the grant of the new Award. Awards under the Plan may be granted in
lieu of cash compensation, including in lieu of cash amounts payable under other plans of the General Partner, the Partnership, or any of their respective Affiliates, in which the value of Units subject to the Award is equivalent in value to the
cash compensation, or in which the exercise price, grant price, or purchase price of the Award in the nature of a right that may be exercised is equal to the Fair Market Value of the underlying Units minus the value of the cash compensation
surrendered. Awards granted pursuant to the preceding sentence shall be designed, awarded and settled in a manner that does not result in additional taxes under Section 409A. 

  
 11 

 (ii)    Limits on Transfer of Awards. 

 
 (A)    Except as
provided in Section 6(k)(ii)(C) below, each Option and Unit Appreciation Right shall be exercisable only by the Participant during the Participant’s lifetime, or by the Person to whom the Participant’s rights shall pass by will or the
laws of descent and distribution. 
  

(B)    Except as provided in Section 6(k)(ii)(C) below, no Award, and no right under any such
Award may be assigned, alienated, pledged, attached, sold or otherwise transferred or encumbered by a Participant, other than by will or the laws of descent and distribution, and any such purported assignment, alienation, pledge, attachment, sale,
transfer or encumbrance shall be void and unenforceable against the General Partner, the Partnership or any of their respective Affiliates. For the avoidance of doubt, this Section 6(k)(ii)(B) does not apply to a Unit Award or any Award that
has been settled (e.g., a Restricted Unit that has vested or an Option that has been exercised). 
  

(C)    To the extent specifically provided by the Committee with respect to an Option or Unit
Appreciation Right, an Option or Unit Appreciation Right may be transferred by a Participant without consideration to immediate family members or related family trusts, limited partnerships or similar entities or on such terms and conditions as the
Committee may from time to time establish. 
  
 (iii)    Term of Awards. The term of each Award shall be for such period as may be determined by the Committee. 
  
 (iv)    Form and Timing of Payment under Awards; Deferrals. Subject
to the terms of the Plan and any applicable Award Agreement, payments to be made by the General Partner, the Partnership, or any of their respective Affiliates, upon the exercise of an Option or other Award or settlement of an Award may be made in
such forms as the Committee shall determine, including without limitation cash, Units, other Awards or other property, or any combination of the foregoing and may be made in a single payment or transfer, in installments, or on a deferred basis;
provided, however, that any such deferred payment will be set forth in the agreement evidencing such Award and/or otherwise made in a manner that will not result in additional taxes under Section 409A. Except as otherwise provided
herein, the settlement of any Award may be accelerated, and cash paid in lieu of Units in connection with such settlement, in the discretion of the Committee or upon occurrence of one or more specified events (including a Change in Control).
Installment or deferred payments may be required by the Committee (subject to Section 7(a) of the Plan, including the consent provisions thereof in the case of any deferral of an outstanding Award not provided for in the original Award
Agreement) or permitted at the election of the Participant on terms and conditions established by the Committee and in compliance with Section 409A. Payments may include, without limitation, provisions for the payment or crediting of reasonable
interest on installment or deferred payments or the grant or crediting of DERs or other amounts in respect of installment or deferred payments denominated in Units. The Plan shall not constitute an “employee benefit plan” for purposes of
Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended. 
  

(v)    Issuance of Units. The Units or other securities of the Partnership delivered pursuant
to an Award may be evidenced in any manner deemed appropriate by the Committee in its sole discretion, including, but not limited to, in the form of a certificate issued in the name of the Participant or by book entry, electronic or otherwise and
shall be subject to such stop transfer orders and other restrictions as the Committee may deem advisable under the Plan or the rules, regulations, and other requirements of the SEC, any stock exchange upon which such Units or other securities are
then listed, and any applicable federal or state laws, and the Committee may cause a legend or legends to be inscribed on any such certificates or book entries to make appropriate reference to such restrictions. 

  
 12 

 (vi)    Consideration for Grants. Awards may be
granted for such consideration, including services, as the Committee shall determine. 
  

(vii)    Exemptions from Section 16(b) Liability. It is the intent of the
General Partner that the grant of any Awards to or other transaction by a Participant who is subject to Section 16 of the Exchange Act shall be exempt from such Section pursuant to an applicable exemption (except for transactions acknowledged
in writing to be nonexempt by such Participant). Accordingly, if any provision of the Plan or any Award Agreement does not comply with the requirements of Rule 16b-3 as then applicable to any such transaction,
such provision shall be construed or deemed amended to the extent necessary to conform to the applicable requirements of Rule 16b-3 so that such Participant shall avoid liability under Section 16(b) of
the Exchange Act. 
  

(viii)    Delivery of Units or other Securities and Payment by Participant of Consideration.
Notwithstanding anything in the Plan or any Award Agreement to the contrary, delivery of Units pursuant to the exercise, vesting and/or settlement of an Award may be deferred for any period during which, in the good faith determination of the
Committee, the General Partner is not reasonably able to obtain Units to deliver pursuant to such Award without violating applicable law or the applicable rules or regulations of any governmental agency or authority or securities exchange. No Units
or other securities shall be delivered pursuant to any Award until payment in full of any amount required to be paid pursuant to the Plan or the applicable Award Agreement (including, without limitation, any exercise price or tax withholding) is
received by the General Partner. 
  

(ix)    Additional Agreements. Each Employee, Consultant or Director to whom an Award is
granted under the Plan may be required to agree in writing, as a condition to the grant of such Award or otherwise, to subject an Award that is exercised or settled following such Person’s termination of services with the General Partner, the
Partnership or any of their respective Affiliates to a general release of claims and/or a noncompetition and/or non-disparagement agreement in favor of the General Partner, the Partnership, and their
Affiliates, with such other terms and conditions of such agreement(s) to be determined in good faith by the Committee. 
  

(x)    Termination of Employment. Except as provided herein, the treatment of an Award upon a
termination of employment or any other service relationship by and between a Participant and the General Partner, the Partnership, or any of their respective Affiliates shall be specified in the Award Agreement controlling such Award. 

 
 7.    Amendment and Termination. Except to the
extent prohibited by applicable law: 
  

(a)    Amendments to the Plan and Awards. Except as required by applicable law or the rules of the principal
securities exchange, if any, on which the Units are traded, the Board or the Committee may amend, alter, suspend, discontinue, or terminate the Plan in any manner, including increasing the number of Units available for Awards under the Plan, without
the consent of any partner, Participant, other holder or beneficiary of an Award, or any other Person. Notwithstanding the foregoing, the Committee may waive any conditions or rights under, amend any terms of, or alter any Award theretofore
granted, provided that no change, other than pursuant to Sections 7(b), 7(c), 7(d), 7(e), or 7(g) below, in any Award shall materially reduce the rights or benefits of a Participant with respect to an Award without the
consent of such Participant. 

  
 13 

 (b)    Subdivision or Consolidation of Units. The terms of an
Award and the number of Units authorized pursuant to Section 4 for issuance under the Plan shall be subject to adjustment from time to time, in accordance with the following provisions: 
  
 (i)    If at any time, or from time to time, the Partnership shall
subdivide as a whole (by reclassification, by a Unit split, by the issuance of a distribution on Units payable in Units, or otherwise) or in the event the Partnership distributes an extraordinary cash dividend the number of Units then outstanding
into a greater number of Units, then, as appropriate, (A) the maximum number of Units available for the Plan or in connection with Awards as provided in Section 4 shall be increased proportionately, and the kind of other securities
available for the Plan shall be appropriately adjusted, (B) the number of Units (or other kind of securities) that may be acquired under any then outstanding Award shall be increased proportionately, and (C) the price (including the
exercise price) for each Unit (or other kind of securities) subject to then outstanding Awards shall be reduced proportionately, without changing the aggregate purchase price or value as to which outstanding Awards remain exercisable or subject to
restrictions. 
  

(ii)    If at any time, or from time to time, the Partnership shall consolidate as a whole (by
reclassification, by reverse Unit split, or otherwise) the number of Units then outstanding into a lesser number of Units, (A) the maximum number of Units for the Plan or available in connection with Awards, as provided in Section 4, shall
be decreased proportionately, and the kind of other securities available for the Plan shall be appropriately adjusted, (B) the number of Units (or other kind of securities) that may be acquired under any then outstanding Award shall be
decreased proportionately, and (C) the price (including the exercise price) for each Unit (or other kind of securities) subject to then outstanding Awards shall be increased proportionately, without changing the aggregate purchase price or
value as to which outstanding Awards remain exercisable or subject to restrictions. 
  

(iii)    Whenever the number of Units subject to outstanding Awards and the price for each Unit
subject to outstanding Awards are required to be adjusted as provided in this Section 7(b), the Committee shall promptly prepare a notice setting forth, in reasonable detail, the event requiring adjustment, the amount of the adjustment, the
method by which such adjustment was calculated, and the change in price and the number of Units, other securities, cash, or property purchasable subject to each Award after giving effect to the adjustments. The Committee shall promptly provide each
affected Participant with such notice. 
  
 (iv)    Adjustments under Sections 7(b)(i) and (ii) shall be made by the Committee, and its determination as to what adjustments shall be made and the extent thereof shall be
final, binding, and conclusive. No fractional interest shall be issued under the Plan on account of any such adjustments. 
  

(c)    Recapitalizations. If the Partnership recapitalizes, reclassifies its equity securities, or otherwise
changes its capital structure (a “recapitalization”) without a Change in Control, the number and class of Units covered by an Award theretofore granted shall be adjusted so that such Award shall thereafter cover the number
and class of Units and securities to which the holder would have been entitled pursuant to the terms of the recapitalization if, immediately prior to the recapitalization, the holder had been the holder of record of the number of Units then covered
by such Award and the Unit limitations provided in Section 4 shall be adjusted in a manner consistent with the recapitalization. 
  

(d)    Additional Issuances. Except as expressly provided herein, the issuance by the Partnership of units of
any class or securities convertible into units of any class, for cash, property, labor or services, upon direct sale, upon the exercise of rights or warrants to subscribe therefor, or upon conversion of units

  
 14 

 
or obligations of the Partnership convertible into such units or other securities, and in any case whether or not for fair value, shall not affect, and no adjustment by reason thereof shall be
made with respect to, the number of Units subject to Awards theretofore granted or the purchase price per Unit, if applicable. 
  

(e)    Change in Control. Notwithstanding any other provisions of the Plan or any Award Agreement to the
contrary, upon a Change in Control, the Committee, acting in its sole discretion without the consent or approval of any holder, may affect one or more of the following alternatives, which may vary among individual holders and which may vary among
Awards: (i) remove any applicable forfeiture restrictions on any Award; (ii) accelerate the time of exercisability or the time at which the Restricted Period shall lapse to a specific date, before or after such Change in Control, specified
by the Committee; (iii) require the mandatory surrender to the General Partner or the Partnership by selected holders of some or all of the outstanding Awards held by such holders (irrespective of whether such Awards are then subject to a
Restricted Period or other restrictions pursuant to the Plan) as of a date, before or after such Change in Control, specified by the Committee, in which event the Committee shall thereupon cancel such Awards and pay to each holder an amount of cash
per Unit equal to the amount calculated in Section 7(f) (the “Change in Control Price”) less the exercise price, if any, applicable to such Awards; provided, however, that to the extent the exercise price
of an Option or a Unit Appreciation Right exceeds the Change in Control Price, no consideration will be paid with respect to that Award; (iv) cancel Awards that remain subject to a Restricted Period as of the date of a Change in Control without
payment of any consideration to the Participant for such Awards; or (v) make such adjustments to Awards then outstanding as the Committee deems appropriate to reflect such Change in Control (including, but not limited to, the substitution of
Awards for new awards); provided, however, that the Committee may determine in its sole discretion that no adjustment is necessary to Awards then outstanding. 

 
 (f)    Change in Control Price.
The “Change in Control Price” shall equal the amount determined in clause (i), (ii), (iii), (iv) or (v), whichever is applicable, as follows: (i) the per Unit price offered to Unit holders in any merger or consolidation,
(ii) the per Unit value of the Units immediately before the Change in Control without regard to assets sold in the Change in Control and assuming the General Partner or the Partnership, as applicable, has received the consideration paid for the
assets in the case of a sale of the assets, (iii) the amount distributed per Unit in a dissolution transaction, (iv) the price per Unit offered to Unit holders in any tender offer or exchange offer whereby a Change in Control takes place,
or (v) if such Change in Control occurs other than pursuant to a transaction described in clauses (i), (ii), (iii), or (iv) of this Section 7(f), the Fair Market Value per Unit of the Units that may otherwise be obtained with respect
to such Awards or to which such Awards track, as determined by the Committee as of the date determined by the Committee to be the date of cancellation and surrender of such Awards. In the event that the consideration offered to unitholders of the
Partnership in any transaction described in this Section 7(f) or Section 7(e) consists of anything other than cash, the Committee shall determine the fair cash equivalent of the portion of the consideration offered which is other than
cash. 
  
 (g)    Impact of
Corporate Events on Awards Generally. In the event of changes in the outstanding Units by reason of a recapitalization, reorganization, merger, consolidation, combination, exchange or other relevant change in capitalization occurring after the
date of the grant of any Award and not otherwise provided for by this Section 7, any outstanding Awards and any Award Agreements evidencing such Awards shall be subject to adjustment by the Committee at its discretion, which adjustment may, in
the Committee’s discretion, be described in the Award Agreement and may include, but not be limited to, adjustments as to the number and price of Units or other consideration subject to such Awards, accelerated vesting (in full or in part) of
such Awards, conversion of such Awards into awards denominated in the securities or other interests of any successor Person, or the cash settlement of such Awards in exchange for the cancellation thereof. In the event of any such change in the
outstanding Units, the aggregate number of Units available under the Plan may be appropriately adjusted by the Committee, whose determination shall be conclusive. 

  
 15 

 8.    General Provisions. 

 
 (a)    No Rights to Award. No
Person shall have any claim to be granted any Award under the Plan, and there is no obligation for uniformity of treatment of Participants. The terms and conditions of Awards need not be the same with respect to each recipient. Any and all
discretions, decisions or omissions relating to the Awards may operate to the disadvantage of the Participant, even if this could be regarded as capricious or unreasonable, or could be regarded as in breach of any implied term between the
Participant and his employer or service recipient, including any implied duty of trust and confidence, with any such implied term being excluded and overridden by this Section 8(a). 
  
 (b)    Withholding, Deductions and Offsets. Unless other arrangements have been made
that are acceptable to the General Partner or any of its Affiliates, the General Partner, the Partnership and any of their respective Affiliates are authorized to accept, deduct, withhold, or cause to be deducted or withheld, from any Award, from
any payment due or transfer made under any Award or from any compensation or other amount owing to a Participant the amount (in cash, previously held Units, Units that would otherwise be issued pursuant to such Award, or other property) of any
applicable taxes payable in respect of the grant or settlement of an Award, its exercise, the lapse of restrictions thereon, or any other payment or transfer under an Award or under the Plan and to take such other action as may be necessary or
appropriate in the opinion of the General Partner or any of its Affiliates to pay such taxes. If such taxes are satisfied through the withholding of Units that are otherwise issuable to the Participant pursuant to an Award (or through the surrender
of Units by the Participant to the General Partner), the maximum number of Units that may be withheld (or surrendered) pursuant to this Section 8(b) shall be the number of Units that have an aggregate Fair Market Value on the date of
withholding or repurchase equal to the aggregate amount of potential tax liabilities determined based on the greatest withholding rates for federal, state, foreign and/or local tax purposes, including payroll taxes, that may be utilized with respect
to the Participant without creating adverse accounting treatment with respect to such Award, as determined by the Committee. It is the intent of the General Partner that the payment of taxes for a Participant who is subject to Section 16 of the
Exchange Act through (i) the withholding of Units that are otherwise issuable to the Participant pursuant to an Award or (ii) the surrender of previously held Units by the Participant to the General Partner, shall be exempt from
Section 16(b) of the Exchange Act pursuant to Rule 16b-3 or another applicable exemption (except for transactions acknowledged by the Participant in writing to be
non-exempt). The method of satisfying tax obligations shall be determined by the Committee in its sole discretion. In addition, it shall be a condition of the vesting of any Award that the Partnership, the
General Partner and/or any of their respective Affiliates may deduct from and set off against any payment of an Award any debt, obligation, liability or other amount owed by the Participant to the Partnership, the General Partner and/or any of their
respective Affiliates, as determined in the sole discretion of the Committee. 
  
 (c)    No Right to Employment or Services. The grant of an Award shall not be construed as giving a Participant the right to be retained in the employ of the General Partner or
any of its Affiliates, to continue providing consulting services, or to remain on the Board, as applicable. Furthermore, the General Partner and or any of its Affiliates may at any time dismiss a Participant from employment or his or her service
relationship, free from any liability or any claim under the Plan, unless otherwise expressly provided in the Plan, any Award Agreement or other agreement between such participant and the General Partner and/or its affiliates, as applicable.

  
 (d)    Governing Law.
The validity, construction, and effect of the Plan and any rules and regulations relating to the Plan shall be determined in accordance with the laws of the State of Delaware without regard to its conflicts of law principles. 

 
 (e)    Severability. If any
provision of the Plan or any Award is or becomes or is deemed to be invalid, illegal, or unenforceable in any jurisdiction or as to any Person or Award, or would disqualify the Plan or any Award under any law deemed applicable by the Committee, such
provision shall be construed 

  
 16 

 
or deemed amended to conform to the applicable law or, if it cannot be construed or deemed amended without, in the determination of the Committee, materially altering the intent of the Plan or
the Award, such provision shall be stricken as to such jurisdiction, Person or Award and the remainder of the Plan and any such Award shall remain in full force and effect. If any of the terms or provisions of the Plan or any Award Agreement
conflict with the requirements of Rule 16b-3 (as those terms or provisions are applied to Participants who are subject to Section 16(b) of the Exchange Act), then those conflicting terms or provisions
shall be deemed inoperative to the extent they so conflict with the requirements of Rule 16b-3 (unless the Board or the Committee, as appropriate, has expressly determined that the Plan or such Award should
not comply with Rule 16b-3). 
  
 (f)    Other Laws. The Committee may refuse to issue or transfer any Units or other consideration under an Award if, in its sole discretion, it determines that the issuance or
transfer of such Units or such other consideration might violate any applicable law or regulation, the rules of the principal securities exchange on which the Units are then traded, or entitle the Partnership or any of its Affiliates to recover the
same under Section 16(b) of the Exchange Act, and any payment tendered to the General Partner by a Participant, other holder or beneficiary in connection with the exercise of such Award shall be promptly refunded to the relevant Participant,
holder or beneficiary. 
  

(g)    No Trust or Fund Created. Neither the Plan nor any Award shall create or be construed to create a trust
or separate fund of any kind or a fiduciary relationship between the General Partner or any of its Affiliates and a Participant or any other Person. To the extent that any Person acquires a right to receive payments from the General Partner or any
of its Affiliates pursuant to an Award, such right shall be no greater than the right of any general unsecured creditor of the General Partner or such Affiliate. 

 
 (h)    No Fractional Units. No
fractional Units shall be issued or delivered pursuant to the Plan or any Award, and the Committee shall determine in its sole discretion whether cash, other securities, or other property shall be paid or transferred in lieu of any fractional Units
or whether such fractional Units or any rights thereto shall be canceled, terminated, or otherwise eliminated with or without consideration. 
  

(i)    Headings. Headings are given to the Sections and subsections of the Plan solely as a convenience to
facilitate reference. Such headings shall not be deemed in any way material or relevant to the construction or interpretation of the Plan or any provision thereof. 

 
 (j)    Facility of Payment. Any
amounts payable hereunder to any individual under legal disability or who, in the judgment of the Committee, is unable to manage properly his financial affairs, may be paid to the legal representative of such individual, or may be applied for the
benefit of such individual in any manner that the Committee may select, and the General Partner shall be relieved of any further liability for payment of such amounts. 

 
 (k)    Allocation of Costs.
Nothing herein shall be deemed to override, amend, or modify any cost sharing arrangement, omnibus agreement, or other arrangement between the General Partner, the Partnership, and any of their respective Affiliates regarding the sharing of costs
between those entities. 
  

(l)    Gender and Number. Words in the masculine gender shall include the feminine gender, the plural shall
include the singular and the singular shall include the plural. 
  
 (m)    Compliance with Section 409A. Nothing in the Plan or any Award Agreement shall operate or be construed to cause the Plan or an Award to fail to comply
with any applicable requirements of Section 409A. The applicable provisions of Section 409A are hereby incorporated by reference and shall control over any Plan or Award Agreement provision in conflict therewith that would cause a failure
of compliance thereunder, to the extent necessary to resolve such conflict or obviate such failure. All 409A Awards shall be designed to comply with Section 409A. Notwithstanding any provision herein to

  
 17 

 
the contrary, none of the Board, the Partnership, the General Partner or any of their respective Affiliates makes any representations that any Awards (or payments with respect to any Awards) are
exempt from or compliant with Section 409A and in no event shall the Board, the Partnership, the General Partner or any of their respective Affiliates by liable for all or any portion of any taxes, penalties, interest or other expenses that may
be incurred by any Participant on account of non-compliance with Section 409A. 
  

(n)    Specified Employee under Section 409A. Subject to any other restrictions or
limitations contained herein, in the event that a “specified employee” (as defined under Section 409A) becomes entitled to a payment under an Award which is a 409A Award on account of a “separation from service” (as defined
under Section 409A), to the extent required by the Code, such payment shall occur on the date that is six months plus one day from the date of such separation from service. Any amount that is otherwise payable within the six-month period described herein will be aggregated and paid in a lump sum without interest. 
  

(o)    No Guarantee of Tax Consequences. None of the Board, the Committee, the Partnership nor the General
Partner makes any commitment or guarantee that any federal, state or local tax treatment will (or will not) apply or be available to any Participant. 
  

(p)    Participation. Participation in this Plan is permitted only on the basis that the Participant accepts
all of the Plan provisions, including in particular this Section 8. By participating in the Plan, a Participant waives all rights under the Plan, other than the right to vest in Awards subject to and in accordance with the express terms of this
Plan. 
  
 (q)    Malus and
Clawback. Notwithstanding any other rules of the Plan, any Awards granted under the Plan may be subject to Malus and/or Clawback: 
  

(i)    if so required by applicable law or any applicable securities exchange listing standards;
and/or 
  

(ii)    in the event the Committee has determined that one or more of the following circumstances
below have arisen. The circumstances are: 
  

(1)    The Participant has engaged in conduct which the Committee considers contrary to the legitimate expectations
of the General Partner for an Employee, Consultant or Director in the Participant’s position; 
  
 (2)    The Participant has engaged in conduct which the Committee considers contrary to any policies adopted to conform to the Dodd-Frank Wall Street Reform and Consumer Protection Act
of 2010 and rules promulgated thereunder by the SEC and that the Committee determines should apply to the Plan; 
  

(3)    Financial results announced for any period have been restated or subsequently appeared materially financially
inaccurate or misleading as determined by the Committee; 
  
 (4)    The Partnership, the General Partner or any of their respective Affiliates has made a material financial loss as a result of circumstances that could reasonably have been
risk-managed by the Participant and which leads to or is likely to create reputational damage to the Partnership, the General Partner or any of their respective Affiliates; 

 
 (5)    The Partnership, the General
Partner or any of their respective Affiliates has been the subject of any regulatory investigation or has been in breach of any laws, rules or codes of conduct applicable to it or the standards reasonably expected of it; 

  
 18 

 (6)    The Committee determines that material reputational damage has
been caused to the Partnership, the General Partner or any of their respective Affiliates for which the Participant is responsible or accountable and which could have been reasonably avoided or mitigated; and/or 

 
 (7)    Any other event a result of which
the Committee considers the application of Malus and/or Clawback appropriate. 
  
 (r)    Malus. Where the Committee decides that Malus will apply to a Participant: 
  

(i)    Any Award made to the Participant will lapse or, in the case of any vested units, will be
forfeited, wholly or in part, as the Committee may determine; 
  
 (ii)    The Restricted Period, holding period or any other delay in full participation in the Award shall be extended by such period to the extent such delay or extension will not
result in adverse tax consequences, as the Committee may determine in its discretion; and/or 
  

(iii)    If any Award has already vested but has not yet been released (for example, due to any
dealing restrictions or other reason), the Award may be reduced, including to zero, as determined by the Committee. 
  

(iv)    Clawback. Any Awards and amounts paid or realized with respect thereto may be subject
to Clawback as the Committee determines in its discretion. Where the Committee decides that Clawback will apply to a Participant, then the Participant must immediately transfer to or to the order of the Partnership, for no consideration, such amount
of the Award and/or such amounts paid or realized with respect thereto, which the Participant has acquired, as the Committee may determine. If the Participant has sold or otherwise alienated any such Award, the Participant must pay to or to the
order of the Partnership an amount equal to the Fair Market Value of such Award as of the date of such sale or alienation and provide any evidence of such sale or alienation as the Committee may require. 

 
 (s)    General Malus and Clawback
Rules. 
  

(i)    For the avoidance of doubt, the circumstances described in Section 8(q) can arise even if
the Participant was not responsible for the event(s) in question or if the event(s) happened before or after the vesting or grant of an Award. 
  

(ii)    Malus and/or Clawback may be applied differently for different Participants or for different
Awards held by the same Participant in relation to the same event. 
  
 (iii)    The Committee will notify the Participant of any applicable of Malus and/or Clawback. 
  

(iv)    The Participant will not be entitled to any compensation in respect of any applicable Malus
and/or Clawback. 
  

(t)    Joining a Competitor Organization. Where a Participant has ceased to be an Employee but has retained his
Award(s) and, prior to the lapse of the applicable Restricted Period, such Participant joins any competitor organization (as determined by the Committee) within twelve (12) months of ceasing to be an Employee, then (i) the Committee
retains the right to lapse any such Award(s) or cause the forfeiture of any vested units or (ii) such Participant shall be liable for the payment of damages to the Partnership in an amount equal to the Fair Market Value of any such Award(s) on
the date the Participant joined such competitor organization or such other date as the Committee may determine, in either case as the Committee determines in its sole discretion. 

  
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 9.    Term of the Plan. The Plan shall be effective on the
date on which it is adopted by the Board and shall continue until the earliest of (i) the date terminated by the Board, (ii) the date upon which all Units available under the Plan have been delivered to Participants, or (iii) the
10th anniversary of the Effective Date. However, any Award
granted prior to such termination, and the authority of the Board or Committee to amend, alter, adjust, suspend, discontinue, or terminate any such Award or to waive any conditions or rights under such Award, shall extend beyond such termination
date. 

  
 20

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