Document:

EX-4.3

 Exhibit 4.3 

EXECUTION VERSION 
 FIRST
AMENDMENT TO CREDIT AGREEMENT 
 This FIRST AMENDMENT TO CREDIT AGREEMENT, dated as of June 16, 2017 (this
“Amendment”), is by and among CENTERPOINT ENERGY RESOURCES CORP., a Delaware corporation (the “Borrower”), each Bank, each Issuing Bank and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent. 

W I T N E S S E T H: 
 WHEREAS,
the Borrower, the Banks, the Issuing Banks and the Administrative Agent are parties to that certain Credit Agreement, dated as of March 3, 2016 (the “Credit Agreement”), for the purposes and consideration therein expressed; and

 WHEREAS, the Borrower has requested (a) an increase in the Total Commitments pursuant to Section 2.6 of the Credit Agreement,
(b) an extension of the Maturity Date pursuant to Section 2.7 of the Credit Agreement and (c) certain other amendments to the Credit Agreement, and, pursuant hereto, the Borrower, the Administrative Agent, the Banks and Issuing Banks
party hereto desire to amend the Credit Agreement to effect such increase, extension and amendments as and upon the terms and subject to the conditions set forth herein (the Credit Agreement, as amended hereby, the “Amended Credit
Agreement”). 
 NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto hereby agree as follows: 
 SECTION 1. Definitions. Unless otherwise defined in this Amendment, capitalized
terms used in this Amendment which are defined in the Credit Agreement, shall have the meanings assigned to such terms in the Credit Agreement. The interpretive provisions set forth in Section 1.3 of the Credit Agreement shall apply to this
Amendment. 
 SECTION 2. Amendments to the Credit Agreement. Effective as of the Amendment Effective Date (as defined in
Section 4): 
 (a) Commitment Increase. 

(i) Schedule 1.1(A) (Schedule of Commitments and Addresses) of the Credit Agreement is amended and restated in its entirety
with a new Schedule 1.1(A) annexed hereto as Exhibit A (the “New Schedule 1.1(A)”); 
 (ii) the amount of
the Total Commitments is $900,000,000; 
 (iii) each Bank whose Commitment amount set forth opposite such Bank’s name on
the New Schedule 1.1(A) is greater than such Bank’s Commitment in effect immediately prior to giving effect to this Amendment increases its Commitment such that, after giving effect to this Amendment, such Bank has a Commitment in the amount
set forth opposite its name on the New Schedule 1.1(A); 

 (iv) for purposes of Section 2.6(a)(iv) of the Credit Agreement, the
Administrative Agent and each Issuing Bank confirm that each Bank described in the immediately preceding clause (iii) is satisfactory and is approved; and 

(v) any notice or notice period specified in Section 2.6 of the Credit Agreement as a condition to such extension is
waived. 
 (b) Maturity Date Extension. 

(i) The definition of “Maturity Date” set forth in Section 1.1 of the Credit Agreement is amended by deleting
the text “March 3, 2021” contained therein and inserting the text “March 3, 2022” in lieu thereof; 

(ii) any notice or notice period specified in Section 2.7 of the Credit Agreement as a condition to such extension is
waived; and 
 (iii) the Borrower shall only have the ability to extend the Maturity Date pursuant to Section 2.7 of the
Credit Agreement for one additional one-year period. 
 (c) Termination of Swingline Loan
Subfacility. 
 (i) The Swingline Commitment is terminated in full; provided, however, that such termination shall
not reduce or otherwise affect the Total Commitments or the obligation of each Bank to make Revolving Loans and to participate in L/C Obligations as and to the extent set forth in the Amended Credit Agreement; 

(ii) the Borrower is no longer permitted to request, and the Swingline Lender is no longer obligated to make, any Swingline
Loan pursuant to the Amended Credit Agreement; 
 (iii) each provision and term in any Loan Document related to Swingline
Loans is deemed to be deleted therefrom, including, without limitation, Section 2.4 of the Credit Agreement and the definitions of “Swingline Commitment”, “Swingline Exposure”, Swingline Lender”, “Swingline
Loan” and “Swingline Loan Note” set forth in the Credit Agreement and references to such provisions and terms in any other Loan Document; and 

(iv) each Swingline Loan Note is deemed cancelled. 

SECTION 3. Representations and Warranties. To induce the other parties hereto to enter into this Amendment, the Borrower represents and
warrants that, as of the date hereof: 
 (a) both immediately before and immediately after giving effect to this Amendment, all
representations and warranties of the Borrower contained in Section 6.1 of the Amended Credit Agreement and in the other Loan Documents are true and correct in all material respects (except to the extent that any representation or warranty is
qualified by materiality in the text thereof, in which case such representation or warranty is true and correct in all respects), except for those representations or warranties or parts thereof that, by their terms, expressly relate solely to a
specific date, in which case such representations and warranties are true and correct in all material respects as of such specific date; 

  
 2 

 (b) at the time of and immediately after giving effect to this Amendment, no Default or Event of
Default exists; 
 (c) the execution, delivery and performance by the Borrower of this Amendment are within the Borrower’s corporate
powers and have been duly authorized by all necessary corporate action; and 
 (d) this Amendment has been duly executed and delivered by
the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable against the Borrower in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting
creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law. 

SECTION 4. Conditions to Effectiveness. This Amendment shall become effective as of the date first written above (the
“Amendment Effective Date”) when, and only when, each of the following conditions is satisfied (or waived in accordance with Section 10.1 of the Credit Agreement): 

(a) the Administrative Agent shall have received counterparts of this Amendment duly executed and delivered by the Borrower, the
Administrative Agent, each Issuing Bank and each Bank; 
 (b) the Administrative Agent shall have received (i) all fees required to be
paid by the Borrower pursuant to fee letters executed and delivered by the Borrower in connection with the Amended Credit Agreement and (ii) all reasonable
out-of-pocket expenses required to be paid by the Borrower to the Administrative Agent pursuant to Section 10.5 of the Credit Agreement for which reasonably
detailed invoices have been presented to the Borrower on or before the date that is one Business Day prior to the date hereof; 
 (c) the
Administrative Agent shall have received an executed legal opinion, dated as of the Amendment Effective Date, of (i) Baker Botts L.L.P., special counsel to the Borrower, and (ii) the general counsel or an associate general counsel and
assistant corporate secretary (or its equivalent) of the Borrower, in each case reasonably satisfactory to the Administrative Agent; 
 (d)
the Administrative Agent shall have received a certificate dated as of the Amendment Effective Date of the Secretary or Assistant Secretary of the Borrower certifying (i) the resolutions of the Board of Directors of the Borrower approving and
authorizing the execution, delivery and performance by the Borrower of this Amendment and (ii) that all material authorizations, approvals and consents required to be obtained by the Borrower prior to the Amendment Effective Date in connection
with its execution, delivery and performance of this Amendment have been obtained and are in full force and effect; and 
 (e) the
conditions precedent set forth in Section 5.3 of the Credit Agreement shall have been satisfied. 

  
 3 

 SECTION 5. Governing Law. THIS AMENDMENT AND THE OTHER LOAN DOCUMENTS SHALL BE GOVERNED
BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 SECTION 6. Counterparts. This Amendment
may be executed in any number of counterparts (or counterpart signature pages), each of which counterparts shall be an original but all of which together shall constitute one instrument. Delivery of an executed signature page of this Amendment by
facsimile transmission or other electronic transmission shall be as effective as delivery of a manually executed counterpart hereof. The execution and delivery of this Amendment by any Bank shall be binding upon each of its successors and assigns
(including Transferees of its Commitments and Revolving Loans, in whole or in part, prior to the effectiveness hereof) and binding in respect of all of its Commitments and Revolving Loans, including any acquired subsequent to its execution and
delivery of this Amendment and prior to the effectiveness hereof. 
 SECTION 7. Effect of Amendment. From and after the effectiveness
of this Amendment, each reference to “hereof”, “hereunder”, “herein”, “hereby” and “this Agreement” contained in the Credit Agreement, each reference to “thereof”, “thereunder”,
“therein”, “thereby” and “the Credit Agreement” contained in the other Loan Documents, and each other similar reference contained in the Credit Agreement and the other Loan Documents, shall refer to the Amended Credit
Agreement. Except as expressly set forth herein, this Amendment shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Administrative Agent or the Banks under the Credit
Agreement or under any other Loan Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document, all of which are
ratified and affirmed in all respects and shall continue in full force and effect. This Amendment shall constitute a Loan Document for all purposes of the Amended Credit Agreement and the other Loan Documents. 

SECTION 8. Headings. Section and subsection headings in this Amendment are for convenience of reference only, and are not part of, and
are not to be taken into consideration in interpreting, this Amendment. 
 SECTION 9. Entire Agreement. This Amendment and the other
Loan Documents represent the agreement of the Borrower, the Administrative Agent and the Banks with respect to the subject matter hereof, and there are no promises, undertakings, representations or warranties by the Administrative Agent or any Bank
relative to the subject matter hereof not expressly set forth or referred to herein or in the other Loan Documents. 
 [Remainder of Page
Intentionally Left Blank; Signature Pages Follow] 

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

			
	CENTERPOINT ENERGY RESOURCES CORP., as the Borrower
		
	By:	 	 /s/ Carla Kneipp

	Name:	 	Carla Kneipp
	Title:	 	Vice President and Treasurer

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent, Swingline Lender, an Issuing Bank and a Bank
		
	By:	 	 /s/ Frederick W. Price

	Name:	 	Frederick W. Price
	Title:	 	Managing Director

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	MIZUHO BANK, LTD, as a Bank
		
	By:	 	 /s/ Nelson Chang

	Name:	 	Nelson Chang
	Title:	 	Authorized Signatory

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	JPMORGAN CHASE BANK, N.A., as a Bank
		
	By:	 	 /s/ Juan Javellana

	Name:	 	Juan Javellana
	Title:	 	Executive Director

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	BANK OF AMERICA, N.A., as an Issuing Bank and a Bank
		
	By:	 	 /s/ JB Meanor

	Name:	 	JB Meanor
	Title:	 	Managing Director

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	CITIBANK, N.A., as a Bank
		
	By:	 	 /s/ Richard Rivera

	Name:	 	Richard Rivera
	Title:	 	Vice President

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as a Bank
		
	By:	 	 /s/ Jeffrey Flagg

	Name:	 	Jeffrey Flagg
	Title:	 	Director

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	THE ROYAL BANK OF CANADA, as an Issuing Bank and a Bank
		
	By:	 	 /s/ Frank Lambrinos

	Name:	 	Frank Lambrinos
	Title:	 	Authorized Signatory

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	BARCLAYS BANK PLC, as a Bank
		
	By:	 	 /s/ Christopher Aitkin

	Name:	 	Christopher Aitkin
	Title:	 	Assistant Vice President

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as a Bank
		
	By:	 	 /s/ Christopher Day

	Name:	 	Christopher Day
	Title:	 	Authorized Signatory
		
	By:	 	 /s/ Karim Rahimtoola

	Name:	 	Karim Rahimtoola
	Title:	 	Authorized Signatory

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	DEUTSCHE BANK AG NEW YORK BRANCH, as a Bank
		
	By:	 	 /s/ Virginia Cosenza

	Name:	 	Virginia Cosenza
	Title:	 	Vice President
		
	By:	 	 /s/ Yvonne Tilden

	Name:	 	Yvonne Tilden
	Title:	 	Managing Director

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	REGIONS BANK, as a Bank
		
	By:	 	 /s/ Brian Walsh

	Name:	 	Brian Walsh
	Title:	 	Director

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	U.S. BANK NATIONAL ASSOCIATION, as a Bank
		
	By:	 	 /s/ James O’Shaughnessy

	Name:	 	James O’Shaughnessy
	Title:	 	Vice President

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	GOLDMAN SACHS BANK USA, as a Bank
		
	By:	 	 /s/ Josh Rosenthal

	Name:	 	Josh Rosenthal
	Title:	 	Authorized Signatory

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	MORGAN STANLEY BANK, N.A., as a Bank
		
	By:	 	 /s/ Michael King

	Name:	 	Michael King
	Title:	 	Authorized Signatory

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	PNC BANK, NATIONAL ASSOCIATION, as a Bank
		
	By:	 	 /s/ Jon R Hinard

	Name:	 	Jon R Hinard
	Title:	 	Managing Director

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	TD BANK, N.A., as a Bank
		
	By:	 	 /s/ Shannon Batchman

	Name:	 	Shannon Batchman
	Title:	 	Senior Vice President

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	COMERICA BANK, as a Bank
		
	By:	 	 /s/ L.J. Perenyi

	Name:	 	L.J. Perenyi
	Title:	 	Vice President

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	THE BANK OF NEW YORK MELLON, as a Bank
		
	By:	 	 /s/ Hussam S. Alsahlani

	Name:	 	Hussam S. Alsahlani
	Title:	 	Vice President

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 
			
	THE NORTHERN TRUST COMPANY, as a Bank
		
	By:	 	 /s/ Keith L. Burson

	Name:	 	Keith L. Burson
	Title:	 	Senior Vice President

  
 [Signature Page to First
Amendment to CERC Credit Agreement] 

 EXHIBIT A 

SCHEDULE 1.1(A) 
 SCHEDULE
OF COMMITMENTS AND ADDRESSES 
  

					
	 Names and Address of Banks
	  	Commitment	 
	 JPMorgan Chase Bank, N.A.

JPMorgan Loan Services

1111 Fannin Street, 10th Floor

Houston, TX 77002

Attn: Omar Jones

Tel: 713-750-7912

Telecopy: 713-750-2666

omar.e.jones@jpmorgan.com
	  	$	61,050,000.00	 
		
	 Mizuho Bank, Ltd.

1251 Avenue of the Americas

New York, NY 10020

Attn: Flora Lio

Tel: 201-626-3516

Telecopy: 212-282-4486

lau_uscorp1@mizuhocbus.com
	  	$	61,050,000.00	 
		
	 Wells Fargo Bank, National Association

301 College St., 11th Floor

MAC: D1053-115

Charlotte, NC 28202

Attn: Patrick Engel

Tel: 704-374-2385

Telecopy: 702-410-0331

patrick.d.engel@wellsfargo.com
	  	$	61,050,000.00	 
		
	 Bank of America, N.A.

100 North Tryon Street; NC1-007-17-18
 Charlotte, NC 28255

Attn: Michael Mason

Tel: 980-683-1839

Telecopy: 980-233-7196

Michael.Mason@baml.com
	  	$	61,050,000.00	 

  
 Schedule 1.1(A) to CERC
Credit Agreement 

					
	 Names and Address of Banks
	  	Commitment	 
	 Citibank, N.A.

388 Greenwich Street, 31st Floor

New York, NY 10013

Attn: Ashwani Khubani

Tel: 212.816.3690

Telecopy: 646.291.1602

ashwani.khubani@citi.com
	  	$	61,050,000.00	 
		
	 Royal Bank of Canada

Three World Financial Center

New York, NY 10281

Tel: 212-858-7374

Telecopy: 212-428-6201

frank.lambrinos@rbccm.com
	  	$	61,050,000.00	 
		
	 The Bank of Tokyo-Mitsubishi UFJ, Ltd.

New York Branch

1251 Avenue of the Americas, 10th Floor

New York, NY 10020-1104

Attn: Nadia Sleiman

Tel: 212-782-6974

Telecopy: 212-782-6440

nsleiman@us.mufg.jp
	  	$	61,050,000.00	 
		
	 Barclays Bank PLC

c/o Barclays Capital

745 7th Avenue, 26th Floor

New York, NY 10019

Attn: May Huang

Tel: 212-526-0787

Telecopy: 212-526-5115

May.Huang@barcap.com
	  	$	51,810,000.00	 
		
	 Credit Suisse AG, Cayman Islands Branch

Eleven Madison Avenue

New York NY 10010

Attn: Shweta Kharva

Tel: 9199944787

Telecopy:
1-866-469-3871

shweta.kharva@creditsuisse.com

18664693871@docs.ldsprod.com
	  	$	51,810,000.00	 

  
 Schedule 1.1(A) to CERC
Credit Agreement 

					
	 Names and Address of Banks
	  	Commitment	 
	 Deutsche Bank AG New York Branch

c/o Deutsche Bank Securities Inc.

Attn: Sal Vitale / Lidia Suter

60 Wall Street

New York, NY 10005

Tel: 212-250-0228 / 212-250-8232
 sal.vitale@db.com /
lidia.suter@db.com
	  	$	51,810,000.00	 
		
	 Regions Bank

5005 Woodway Drive, Ste. 110

Houston, TX 77056

Attn: Joey Powell

Tel: 713 426-7236

Telecopy: 713-426-7180

joey.powell@regions.com
	  	$	51,810,000.00	 
		
	 U.S. Bank National Association

461 Fifth Avenue, 7th Floor

New York, NY 10017

Attn: James O’Shaughnessy

Tel: 917-326-3924

Telecopy: 646-935-4533

james.oshaughnessy@usbank.com
	  	$	51,810,000.00	 
		
	 Goldman Sachs Bank USA

c/o Goldman, Sachs & Co.

30 Hudson St., 38th Floor

Jersey City, NJ 07302

Attn: Lauren Day

Tel: 212-934-3921

Telecopy: 917-977-3966

gsd.link@gs.com
	  	$	39,900,000.00	 
		
	 Morgan Stanley Bank, N.A.

1300 Thames Street Wharf, 4th Floor

Baltimore, MD 21231

Attn: Steve Delany

Tel: 443-627-4326

Telecopy: 212-404-9645

doc4secportfolio@morganstanley.com
	  	$	39,900,000.00	 

  
 Schedule 1.1(A) to CERC
Credit Agreement 

					
	 Names and Address of Banks
	  	Commitment	 
	 PNC Bank, National Association

Attn: Madeline Moran

Corporate & Institutional Banking

The Tower at PNC Plaza, 10th Floor

300 Fifth Avenue

Pittsburgh, PA 15222

Tel: 412-762-3045

Telecopy: 412-762-2684

Mailstop:
PT-PTWR-10-3

MADELINE.MORAN@PNC.COM
	  	$	39,900,000.00	 
		
	 TD Bank, N.A.

444 Madison Ave., 2nd Floor

New York, NY 10022

Attn: Vijay Prasad & Thomas Casey

Tel: 646-652-1427 / 212-827-2786
 Telecopy: 212-308-0486
 Vijay.Prasad2@td.com /
Thomas.Casey@tdsecurities.com
	  	$	39,900,000.00	 
		
	 Comerica Bank

910 Louisiana St. Ste 410

Houston, TX 77002

Attn: Joey Powell

Tel: 713-220-5527

Telecopy: 713-220-5631

jbpowell@comerica.com
	  	$	18,000,000.00	 
		
	 The Bank of New York Mellon

BNY Mellon Center, 36th Floor

500 Grant Street

Pittsburgh, PA 15258-0001

Attn: Hussam Alsahlani

Tel: 412-234-5624

Telecopy: 412-236-1914

hussam.alsahlani@bnymellon.com
	  	$	18,000,000.00	 
		
	 The Northern Trust Company

50 S LaSalle, M28

Chicago, IL 60603

Attn: Keith Burson

Tel: 312-444-3099

Telecopy: 312-557-1425

KB101@ntrs.com
	  	$	18,000,000.00	 
		  	  
	  
	 
	 Total
	  	$	900,000,000	 
		  	  
	  
	 

  
 Schedule 1.1(A) to CERC
Credit AgreementExhibit 10.1

 

VOTING AND SUPPORT AGREEMENT

 

This VOTING AGREEMENT, dated as of June 19, 2017 (this “Agreement”), is entered into by and among EQT Corporation, a Pennsylvania corporation (“Parent”) and the undersigned signatories set forth on the signature pages hereto under the heading “Company Stockholders” (collectively, the “Company Stockholders”). Parent and the Company Stockholders are each sometimes referred to herein individually as a “Party” and collectively as the “Parties.”

 

W  I  T  N  E  S  S  E  T  H:

 

WHEREAS, each of the Company Stockholders are the beneficial or record owners, and have either sole voting power or shared voting power with other Company Stockholders over, such number of shares of common stock, par value $0.01 per share, of the Company (the “Company Common Stock”) as is indicated opposite each such Company Stockholder’s name on Schedule A attached hereto;

 

WHEREAS, concurrently with the execution and delivery of this Agreement, Parent, Eagle Merger Sub I, Inc., a Delaware corporation and indirect wholly-owned subsidiary of Parent (“Merger Sub”) and Rice Energy Inc., a Delaware corporation (the “Company”) are entering into an Agreement and Plan of Merger (the “Merger Agreement”), that provides, among other things, for the merger of Merger Sub with and into the Company, with the Company being the surviving corporation of the Merger, upon the terms and subject to the conditions set forth in the Merger Agreement (the “Merger”);

 

WHEREAS, as a condition and an inducement to Parent’s willingness to enter into the Merger Agreement, Parent has required that the Company Stockholders agree, and the Company Stockholders have agreed to, enter into this Agreement with respect to all Company Common Stock that the Company Stockholders Beneficially Own, or own of record; and

 

WHEREAS, Parent desires that the Company Stockholders agree, and the Company Stockholders are willing to agree, subject to the limitations herein, not to Transfer (as defined below) any of their Subject Securities (as defined below), and to vote their Subject Securities in a manner so as to facilitate consummation of the Merger.

 

NOW, THEREFORE, in consideration of the foregoing and the respective representations, warranties, covenants and agreements set forth below and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, do hereby agree as follows:

 

1.              Definitions.  Capitalized terms used but not otherwise defined herein shall have the respective meanings ascribed to such terms in the Merger Agreement.  When used in this Agreement, the following terms in all of their tenses, cases and correlative forms shall have the meanings assigned to them in this Section 1 or elsewhere in this Agreement.

 

“Beneficially Own” or “Beneficial Ownership” has the meaning assigned to such term in Rule 13d-3 under the Exchange Act, and a Person’s beneficial ownership of securities shall be calculated in accordance with the provisions of such Rule (in each case, irrespective of whether

 

 

or not such Rule is actually applicable in such circumstance).  For the avoidance of doubt, Beneficially Own and Beneficial Ownership shall also include record ownership of securities.

 

“Beneficial Owners” shall mean Persons who Beneficially Own the referenced securities.

 

“Distribution Date” shall mean September 28, 2017.

 

“Expiration Time” shall mean the earliest to occur of (a) Effective Time, (b) such date and time as the Merger Agreement shall be terminated pursuant to Article VIII thereof or (c) the termination of this Agreement by mutual written consent of the Parties.

 

“Holdings LLC” shall mean Rice Energy Holdings LLC.

 

“Holdings LLC Agreement” shall mean that certain Amended and Restated Limited Liability Company Agreement of Holdings LLC, dated as of January 29, 2014.

 

“Permitted Transfer” shall mean, in each case, with respect to each Company Stockholder, so long as (a) such Transfer is in accordance with applicable Law and (b) such Company Stockholder is, and at all times has been, in compliance with this Agreement, any Transfer of Subject Securities by the Company Stockholder to another Company Stockholder or to an Affiliate of such Company Stockholder, so long as such Affiliate, in connection with, and prior to, such Transfer, executes a joinder to this Agreement, in form and substance reasonably acceptable to Parent, pursuant to which such Affiliate agrees to become a party to this Agreement and be subject to the restrictions and obligations applicable to such Company Stockholder and otherwise become a party for all purposes of this Agreement; provided that no such Transfer shall relieve the transferring Company Stockholder from its obligations under this Agreement, other than with respect to the Company Common Stock transferred in accordance with the foregoing provision; provided, further, that Holdings LLC may distribute Subject Securities on the Distribution Date as required by Section 4.3 of the Holdings LLC Agreement to its members without the requirement that any members who are not Company Stockholders or Named Executive Officers (or any of their respective family members or spouses) or any Affiliate of the foregoing execute a joinder to this Agreement.

 

“Subject Securities” shall mean, collectively, shares of Company Common Stock and New Company Common Stock.

 

“Transfer” means (a) any direct or indirect offer, sale, lease, assignment, encumbrance, loan, pledge, grant of a security interest, hypothecation, disposition or other transfer (by operation of law or otherwise), either voluntary or involuntary, or entry into any contract, option or other arrangement or understanding with respect to any offer, sale, lease, assignment, encumbrance, loan, pledge, hypothecation, disposition or other transfer (by operation of law or otherwise), of any capital stock or interest in any capital stock (or any security convertible or exchangeable into such capital stock), including in each case through the Transfer of any Person or any interest in any Person or (b) in respect of any capital stock or interest in any capital stock, to enter into any swap or any other agreement, transaction or series of transactions that hedges or transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of such capital stock or interest in capital stock, whether any such swap, agreement, transaction or series of transaction is to be settled by delivery of securities, in cash or otherwise.  For purposes

 

2

 

of this Agreement, “capital stock” shall include interests in a partnership or limited liability company.

 

2.              Agreement to Retain Subject Securities.

 

2.1       Transfer and Encumbrance of Subject Securities.  Other than a Permitted Transfer, hereafter until the Expiration Time, no Company Stockholder shall, with respect to any Subject Securities Beneficially Owned by such Company Stockholder, (a) Transfer any such Subject Securities, or (b) deposit any such Subject Securities into a voting trust or enter into a voting agreement or arrangement with respect to such Subject Securities or grant any proxy (except as otherwise provided herein) or power of attorney with respect thereto.

 

2.2       Injunction.  Notwithstanding anything to the contrary in this Agreement, if at any time following the date hereof and prior to the Expiration Time a Governmental Entity of competent jurisdiction enters an order restraining, enjoining or otherwise prohibiting the Company Stockholders or their Affiliates from (a) consummating the transactions contemplated by the Merger Agreement or (b) taking any action pursuant to Section 3 or Section 4, then (i) the obligations of each Company Stockholder set forth in Section 3 and the irrevocable proxy and power of attorney in Section 4 shall be of no force and effect for so long as such order is in effect and, in the case of clause (b), solely to the extent such order restrains, enjoins or otherwise prohibits such Company Stockholder from taking any such action, and (ii) each Company Stockholder shall cause the Subject Securities to not be represented in person or by proxy at any meeting at which a vote of such Company Stockholder on the Merger is requested. Notwithstanding anything to the contrary in this Section 2.2, the restrictions set forth in Section 2.1 shall continue to apply with respect to the Subject Securities until the Expiration Time.

 

2.3       Additional Purchases; Adjustments.  Each Company Stockholder agrees that any shares of Company Common Stock and any other shares of capital stock or other equity that such Company Stockholder purchases or otherwise acquires or with respect to which such Company Stockholder otherwise acquires voting power after the execution of this Agreement and prior to the Expiration Time (the “New Company Common Stock”) shall be subject to the terms and conditions of this Agreement to the same extent as if they constituted the Company Common Stock, and such Company Stockholder shall promptly notify Parent of the existence of any New Company Common Stock.  In the event of any stock split, stock dividend, merger, reorganization, recapitalization, reclassification, combination, exchange of shares or the like of the capital stock of the Company affecting the Subject Securities, the terms of this Agreement shall apply to the resulting securities.

 

2.4       Unpermitted Transfers; Involuntary Transfers.  Any Transfer or attempted Transfer of any Subject Securities in violation of this Section 2 shall, to the fullest extent permitted by Law, be null and void ab initio.  If any involuntary Transfer of any of such Company Stockholder’s Subject Securities shall occur, the transferee (which term, as used herein, shall include any and all transferees and subsequent transferees of the initial transferee) shall take and hold such Subject Securities subject to all of the restrictions, liabilities and rights under this Agreement, which shall continue in full force and effect until valid termination of this Agreement.

 

3

 

2.5                               Transfers by Holdings LLC.  Holdings LLC will not take any action that would increase the number of shares that would be required by Section 4.3 of the Holdings LLC Agreement to be distributed to its members who are not Company Stockholders or Named Executive Officers (or any of their respective family members or spouses) or any Affiliate of the foregoing.  To the extent the Distribution Date occurs prior to the Expiration Time, Holdings LLC shall provide Parent with a written notice (a) at least five (5) Business Days in advance of such distribution of the estimated number of shares of Company Common Stock that will be so distributed to members who are not Company Stockholders or Named Executive Officers (or any of their respective family members or spouses) or any Affiliate of the foregoing and (b) within one Business Day of such distribution confirming the actual number of shares of Company Common Stock that will be so distributed to members who are not Company Stockholders or Named Executive Officers (or any of their respective family members or spouses) or any Affiliate of the foregoing.

 

3.              Agreement to Vote and Approve.  From and after the date hereof until the Expiration Time, at every meeting of the stockholders of the Company called with respect to any of the following matters, and at every adjournment or postponement thereof, and on every action or approval by written consent of the stockholders of the Company with respect to any of the following matters, each Company Stockholder shall, and shall cause each holder of record on any applicable record date to (including via proxy), vote the Subject Securities: (a) in favor of (i) the approval of the Merger, and (ii) any proposal to adjourn or postpone such meeting of stockholders of the Company to a later date if there are not sufficient votes to approve the Merger and (b) against (i) any action or agreement that would reasonably be expected to result in any condition to the consummation of the Merger set forth in Article VII of the Merger Agreement not being fulfilled, (ii) any Company Competing Proposal, (iii) any action which could reasonably be expected to materially delay, materially postpone or materially adversely affect the consummation of the transactions contemplated by the Merger Agreement, including the Merger, or dilute, in any material respect, the benefit of the transactions contemplated thereby to Parent or to Parent’s shareholders and (iv) any action which could reasonably be expected to result in a breach of any representation, warranty, covenant or agreement of the Company in the Merger Agreement.

 

4.              Irrevocable Proxy.  By execution of this Agreement, each Company Stockholder hereby appoints and constitutes Parent, until the Expiration Time (at which time this proxy shall automatically be revoked), with full power of substitution and resubstitution, as such Company Stockholder’s true and lawful attorney-in-fact and proxy (which proxy is irrevocable and which appointment is coupled with an interest, including for purposes of Section 212 of the Delaware General Corporation Law), to the fullest extent of such Company Stockholder’s rights with respect to the Subject Securities Beneficially Owned by such Company Stockholder, to vote such Subject Securities solely with respect to the matters set forth in Section 3 hereof and each Company Stockholder shall retain the authority to vote its Subject Securities on all other matters; provided, however, that the foregoing shall only be effective if such Company Stockholder fails to be counted as present, to consent or to vote such Company Stockholder’s Subject Securities, as applicable, in accordance with this Agreement.

 

4

 

5.              Representations and Warranties of the Company Stockholders.  Each Company Stockholder, on behalf of itself and each other Company Stockholder, hereby severally, but not jointly, represents and warrants to Parent as follows:

 

5.1       Due Authority.  Such Company Stockholder has the full power and authority to make, enter into and carry out the terms of this Agreement and to grant the irrevocable proxy as set forth in Section 4 hereof.  This Agreement has been duly and validly executed and delivered by such Company Stockholder and constitutes a valid and binding agreement of such Company Stockholder enforceable against it in accordance with its terms.

 

5.2       Ownership of the Company Common Stock.  As of the date hereof, such Company Stockholder (a) Beneficially Owns the shares of Company Common Stock indicated on Schedule A hereto opposite such Company Stockholder’s name, free and clear of any and all Encumbrances, other than those created by this Agreement or as set forth on Schedule B1, and (b) except as set forth on Schedule B2, has sole voting power over all of the shares of Company Common Stock Beneficially Owned by such Company Stockholder.  As of the date hereof, such Company Stockholder does not Beneficially Own any capital stock or other securities of the Company other than the shares of Company Common Stock set forth on Schedule A opposite such Company Stockholder’s name.  As of the date hereof, such Company Stockholder does not Beneficially Own any rights to purchase or acquire any shares of capital stock of the Company except as set forth on Schedule A opposite such Company Stockholder’s name, or as set forth on Schedule B3.

 

5.3       No Conflict; Consents.

 

(a)         The execution and delivery of this Agreement by such Company Stockholder does not, and the performance by such Company Stockholder of the obligations under this Agreement and the compliance by such Company Stockholder with any provisions hereof do not and will not:  (i) conflict with or violate any Law applicable to such Company Stockholder, or (ii) result in any breach of or constitute a default (or an event that with notice or lapse of time or both would become a default) under, or give to others any rights of termination, amendment, acceleration or cancellation of, or result in the creation of a Encumbrance on any of the shares of Company Common Stock Beneficially Owned by such Company Stockholder pursuant to, any note, bond, mortgage, indenture, contract, agreement, lease, license, permit, franchise or other instrument or obligation to which such Company Stockholder is a party or by which such Company Stockholder is bound.

 

(b)         No consent, approval, order or authorization of, or registration, declaration or filing with, any Governmental Entity or any other Person, is required by or with respect to such Company Stockholder in connection with the execution and delivery of this Agreement or the consummation by such Company Stockholder of the transactions contemplated hereby.

 

5.4       Absence of Litigation.  There is no Proceeding pending against, or, to the knowledge of such Company Stockholder, threatened against or affecting, such Company Stockholder that could reasonably be expected to materially impair or materially adversely affect the ability of such Company Stockholder to perform such Company Stockholder’s obligations hereunder or to consummate the transactions contemplated hereby on a timely basis.

 

5

 

5.5       Ownership of Parent Common Stock.  As of the date hereof, such Company Stockholder does not Beneficially Own any shares of Parent Common Stock.

 

5.6                               Shares by Holdings LLC.  As of the date of this Agreement, Holdings LLC owns of record 4,007,041 shares of Company Common Stock.  Pursuant to Section 4.3 of the Holdings LLC Agreement, Holdings LLC is required to make a distribution of all of its property and assets on the Distribution Date.  Assuming that the Distributable Amount Value (as defined in the Holdings LLC Agreement) of Company Common Stock is $40 per share or less on the applicable determination date, the maximum number of shares of Company Common Stock that would be distributed as required by Section 4.3 of the Holdings LLC Agreement to members of Holdings LLC (who are not Company Stockholders or Named Executive Officers (or any of their respective family members or spouses) or any Affiliate of the foregoing) is 2,400,000.

 

6.              Termination.  This Agreement shall terminate and shall have no further force or effect immediately as of and following the Expiration Time.

 

7.              Notice of Certain Events.  Each Company Stockholder shall notify Parent in writing promptly of (a) any fact, event or circumstance that would cause, or reasonably be expected to cause or constitute, a breach in any material respect of the representations and warranties of each Company Stockholder under this Agreement and (b) the receipt by each Company Stockholder of any notice or other communication from any Person alleging that the consent of such Person is or may be required in connection with this Agreement; provided, however, that the delivery of any notice pursuant to this Section 7 shall not limit or otherwise affect the remedies available to any party.

 

8.              No Solicitation.  Each Company Stockholder agrees that neither it nor any of its Affiliates, directors, officers and employees of it, and that it shall use reasonable best efforts to cause its Representatives not to, directly or indirectly, (a) initiate, solicit or knowingly encourage or knowingly facilitate any inquiries, proposals, or offers regarding, or the making of a Company Competing Proposal, (b)  engage in any discussions or negotiations with any Person with respect to a Company Competing Proposal or any indication of interest that would reasonably be expected to lead to a Company Competing Proposal, (c) furnish any non-public information regarding the Company or its Subsidiaries, or access to the properties, assets or employees of the Company or its Subsidiaries, to any Person in connection with or in response to a Company Competing Proposal, (d) enter into any letter of intent or agreement in principle, or other agreement providing for a Company Competing Proposal or (e) resolve, agree or publicly propose to, or permit the Company or any of its Subsidiaries or any of its or their Representatives to agree or publicly propose to take any of the actions referred to in clauses (a) — (d).

 

9.              Waiver of Certain Actions.  Each Company Stockholder hereby agrees not to commence or participate in, and to take all actions necessary to opt out of any class in any class action with respect to, any claim, derivative or otherwise, against Parent, the Company or any of their respective Subsidiaries or successors (a) challenging the validity of, or seeking to enjoin or delay the operation of, any provision of this Agreement or the Merger Agreement (including any claim seeking to enjoin or delay the Closing) or (b) alleging a breach of any duty of the Company Board or Parent Board in connection with the Merger Agreement, this Agreement or the transactions contemplated thereby or hereby.

 

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10.       Miscellaneous.

 

10.1                        Severability.  Any term or provision of this Agreement that is invalid or unenforceable in any situation in any jurisdiction shall not affect the validity or enforceability of the remaining terms and provisions of this Agreement or the validity or enforceability of the offending term or provision in any other situation or in any other jurisdiction. If a final judgment of a court of competent jurisdiction declares that any term or provision of this Agreement is invalid or unenforceable, the Parties agree that the court making such determination shall have the power to limit such term or provision, to delete specific words or phrases or to replace such term or provision with a term or provision that is valid and enforceable and that comes closest to expressing the intention of the invalid or unenforceable term or provision, and this Agreement shall be valid and enforceable as so modified. In the event such court does not exercise the power granted to it in the prior sentence, the Parties agree to replace such invalid or unenforceable term or provision with a valid and enforceable term or provision that will achieve, to the extent possible, the economic, business and other purposes of such invalid or unenforceable term or provision.

 

10.2                        Successors and Assigns.  Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by any of the Parties (whether by operation of law or otherwise) without the prior written consent of the other Party.  Subject to the preceding sentence, this Agreement will be binding upon, inure to the benefit of and be enforceable by the Parties and their respective successors and permitted assigns.  Any purported assignment in violation of this Section 10.2 shall not be deemed to prevent Parent from engaging in any merger, consolidation or other business combination transaction.

 

10.3                        Amendments and Modifications.  No provision of this Agreement may be amended or modified unless such amendment or modification is in writing and signed by (a) Parent, and (b) each of the Company Stockholders.  No failure or delay by any Party in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege.  The rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by applicable Law.

 

10.4                        Notices.  All notices and other communications hereunder shall be in writing and shall be deemed given if delivered personally (notice deemed given upon receipt), transmitted by email or facsimile (notice deemed given upon confirmation of receipt) or sent by a nationally recognized overnight courier service, such as Federal Express (notice deemed given upon receipt of proof of delivery), to the Parties at the following addresses (or at such other address for a Party as shall be specified by like notice):

 

(a)         if to any of the Company Stockholders, to it at:

 

	
Rice Energy Inc.
    
	
2200 Rice Drive
    
	
Canonsburg,   Pennsylvania 15317
    
	
Attention:
    	
General Counsel
    
	
Email:
    	
Will.Jordan@RiceEnergy.com
    
	
Fax No.:
    	
832 708-3445
    

 

7

 

With a copy (which shall not be considered notice) to:

 

	
Vinson &   Elkins L.L.P.
    
	
1001 Fannin   Street, Suite 2500
    
	
Houston, Texas   77002
    
	
Attention:
    	
Stephen M. Gill
    
	
 
    	
Doug E. McWilliams
    
	
Email:
    	
sgill@velaw.com
    
	
 
    	
dmcwilliams@velaw.com
    
	
Fax No.:
    	
(713) 615-5956
    
	
 
    	
 
    
	
and
    
	
 
    
	
Nixon Peabody   LLP
    
	
100 Summer   Street
    
	
Boston,   Massachusetts 02110
    
	
Attention:
    	
Jay D. Rosenbaum
    
	
Email:
    	
jrosenbaum@nixonpeadbody.com
    
	
Fax No.:
    	
(877) 567-1974
    

 

(b)         if to Parent, to:

 

	
EQT Corporation
    
	
625 Liberty Avenue,   Suite 1700
    
	
Pittsburgh, Pennsylvania
    
	
Attention:
    	
General   Counsel
    
	
Email:
    	
lgardner@eqt.com
    
	
Fax   No.:
    	
412-553-7781
    
	
 
    	
 
    
	
With a copy (which shall not be considered notice)   to:
    
	
Wachtell, Lipton, Rosen & Katz
    
	
51 West 52nd Street
    
	
New York, NY 10019
    
	
Phone:   
    	
(212)   403-1000
    
	
Email:
    	
SACohen@wlrk.com
    
	
 
    	
BMRoth@wlrk.com
    
	
Fax:   
    	
(212)   403-2000
    
	
Attention:
    	
Steven A. Cohen
    
	
 
    	
Benjamin M. Roth
    
			

 

Or to such other address as any Party may have furnished to the other in writing in accordance herewith, except that notices of change of address shall be effective upon receipt.

 

10.5                        Governing Law.  This Agreement shall be governed by, and construed and enforced in accordance with, the laws of the State of Delaware, without giving effect to any choice of law

 

8

 

provision or rule (whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any other jurisdiction.

 

10.6                        Submission to Jurisdiction.  Each of the Parties agrees that it shall bring any action or proceeding in respect of any claim arising under or relating to this Agreement or the transactions contemplated by this Agreement exclusively in the Court of Chancery of the State of Delaware (or if such court declines to accept jurisdiction over a particular matter, any Federal court located within the State of Delaware) (the “Chosen Courts”) and, solely in connection with such claims, (a) irrevocably submits to the exclusive jurisdiction of the Chosen Courts, (b) waives any objection to the laying of venue in any such action or proceeding in the Chosen Courts, (c) waives any objection that the Chosen Courts are an inconvenient forum or do not have jurisdiction over any Party and (d) agrees that mailing of process or other papers in connection with any such action or proceeding in the manner provided in Section 10.4 or in such other manner as may be permitted by Law shall be valid and sufficient service thereof.  The consent to jurisdiction set forth in this Section 10.6 shall not constitute a general consent to service of process in the State of Delaware and shall have no effect for any purpose except as provided in this Section 10.6.  The Parties agree that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by Law.

 

10.7                        Enforcement.  The Parties agree that irreparable damage, for which monetary damages would not be an adequate remedy, would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached by the Parties.  Prior to the termination of this Agreement pursuant to Section 6, it is accordingly agreed that the Parties shall be entitled to an injunction or injunctions, or any other appropriate form of specific performance or equitable relief, to prevent breaches of this Agreement and to enforce specifically the terms and provisions hereof in any court of competent jurisdiction, in each case in accordance with this Section 10.7, this being in addition to any other remedy to which they are entitled under the terms of this Agreement at law or in equity.

 

10.8                        No Third Party Beneficiaries.  Nothing in this Agreement express or implied, is intended to or shall confer upon any Person other than the Parties any right, benefit or remedy of any nature whatsoever under or by reason of this Agreement.

 

10.9                        WAIVER OF JURY TRIAL.  EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS.  EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (A) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER; (B) SUCH PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THE FOREGOING WAIVER; (C) SUCH PARTY MAKES THE FOREGOING WAIVER VOLUNTARILY AND (D) SUCH PARTY HAS BEEN

 

9

 

INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVER AND CERTIFICATIONS IN THIS SECTION 10.9.

 

10.10                 Entire Agreement.  This Agreement constitutes the entire agreement and supersedes all prior agreements and understandings, both written and oral, among the Parties with respect to the subject matter hereof.

 

10.11                 Counterparts.  This Agreement may be executed in two or more counterparts, including via facsimile or email in “portable document format” (“.pdf”) form transmission, all of which shall be considered one and the same agreement and shall become effective when two or more counterparts have been signed by each of the Parties and delivered to the other Party, it being understood that all parties need not sign the same counterpart.

 

10.12                 No Agreement Until Executed.  This Agreement shall not constitute or be deemed to evidence a contract, agreement, arrangement or understanding between the Parties unless and until (a) the Merger Agreement is executed and delivered by all parties thereto, and (b) this Agreement is executed and delivered by the Parties.

 

10.13                 Expenses.  All costs and expenses incurred in connection with this Agreement shall be paid by the Party incurring such cost or expense, whether or not the Merger is consummated.

 

10.14                 Action in Company Stockholder Capacity Only.  No Person executing this Agreement (or designee or Representative of such Person) who has been, is or becomes during the term of this Agreement a director or officer of the Company shall be deemed to make any agreement or understanding in this Agreement in such Person’s capacity as a director or officer of the Company.  The Parties acknowledge and agree that this Agreement is entered into by the Company Stockholders solely in their capacity as the Beneficial Owners of shares of Company Common Stock and nothing in this Agreement shall (a) restrict in any respect any actions taken by the Company Stockholders or their designees or Representatives who are a director or officer of the Company solely in his or her capacity as a director or officer of the Company or (b) be construed to prohibit, limit or restrict such Company Stockholder from exercising its fiduciary duties as a director or officer of the Company.  For the avoidance of doubt, nothing in this Section 10.14 shall in any way modify, alter or amend any of the terms of the Merger Agreement.

 

10.15                 Documentation and Information.  No Company Stockholder shall make any public announcement regarding this Agreement and the transactions contemplated hereby without the prior written consent of Parent (such consent not to be unreasonably withheld), except as may be required by applicable Law (provided that reasonable notice of any such disclosure will be provided to Parent).  Each Company Stockholder consents to and hereby authorizes Parent and the Company to publish and disclose in all documents and schedules filed with the SEC, and any press release or other disclosure document that Parent reasonably determines to be necessary in connection with the Merger and any transactions contemplated by the Merger Agreement, such Company Stockholder’s identity and ownership of the Subject Securities, the existence of this Agreement and the nature of such Company Stockholder’s commitments and obligations under this Agreement, and such Company Stockholder acknowledges that Parent may, in Parent’s sole discretion, file this Agreement or a form hereof with the SEC or any other Governmental Entity.  Each Company Stockholder agrees to promptly give Parent any information it may reasonably

 

10

 

require for the preparation of any such disclosure documents, and such Company Stockholder agrees to promptly notify Parent of any required corrections with respect to any written information supplied by such Company Stockholder specifically for use in any such disclosure document, if and to the extent that any such information shall have become false or misleading in any material respect.

 

10.16                 Obligation to Update Schedule A.  Each of the Company Stockholders agree that in connection with any acquisitions or Transfers (to the extent permitted) of Subject Securities by any Company Stockholder, the Company Stockholders will, as promptly as practicable following the completion of thereof, notify Parent in writing of such acquisition or Transfer and the Parties will update Schedule A to reflect the effect of such acquisition or Transfer.

 

[Signature pages follow]

 

11

 

IN WITNESS WHEREOF, the Parties have duly executed this Agreement by their authorized representatives as of the date first above written.

 

	
 
    	
EQT CORPORATION
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Robert J. McNally
    
	
 
    	
Name:
    	
Robert J. McNally
    
	
 
    	
Title:
    	
Senior Vice President and
   Chief Financial Officer
    
				

 

SIGNATURE PAGE TO

VOTING AGREEMENT

 

 

	
 
    	
RICE ENERGY 2016 IRREVOCABLE TRUST
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Andrew L. Share
    
	
 
    	
Name: 
    	
Andrew L. Share
    
	
 
    	
Title:
    	
Trustee
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
RICE   ENERGY HOLDINGS LLC
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ William E. Jordan
    
	
 
    	
Name: 
    	
William E. Jordan
    
	
 
    	
Title:
    	
Attorney-in-Fact
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
/s/ Daniel J. Rice III
    
	
 
    	
Daniel   J. Rice III
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
/s/   Daniel J. Rice IV
    
	
 
    	
Daniel   J. Rice IV
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
/s/ Derek A. Rice
    
	
 
    	
Derek   A. Rice
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
/s/   Toby Z. Rice
    
	
 
    	
Toby   Z. Rice
    

 

SIGNATURE PAGE TO

VOTING AGREEMENT

 

 

SCHEDULE A

 

	
Company Stockholder
    	
 
    	
Number of Shares of
   Company Common Stock
   Beneficially Owned
    	
 
    	
Number of Shares of
   Company Common Stock
   Owned of Record
    	
 
    
	
Rice Energy 2016   Irrevocable Trust
    	
 
    	
33,807,041
    	
 
    	
29,800,000
    	
 
    
	
Rice Energy   Holdings LLC
    	
 
    	
33,807,041
    	
 
    	
4,007,041
    	
 
    
	
Daniel J. Rice   III
    	
 
    	
2,556,844
    	
 
    	
2,556,844
    	
 
    
	
Daniel J. Rice   IV
    	
 
    	
230,470
    	
 
    	
230,470
    	
 
    
	
Derek A. Rice
    	
 
    	
230,470
    	
 
    	
230,470
    	
 
    
	
Toby Z. Rice
    	
 
    	
278,132
    	
 
    	
189,196
    	
 
    

 

 

SCHEDULE B

 

B1

 

1.              As of the date of this agreement, 13,000,000 shares beneficially owned by the Rice Energy 2016 Irrevocable Trust are held in a margin account at a brokerage firm, subject to the broker’s lien on all of the account assets.

 

B2

 

1.              Rice Energy Holdings LLC and Rice Energy 2016 Irrevocable Trust have shared voting power of Company Common Stock pursuant to the Stockholders’ Agreement.

 

2.              As of the date of this Agreement, the number of shares beneficially owned by Toby Z. Rice includes an aggregate of 88,936 shares and restricted stock units that vest within 60 days of June 15, 2017 that are held by Toby Z. Rice’s spouse.

 

B3

 

1.              As of the date of this Agreement, the number of shares beneficially owned by Daniel J. Rice IV does not include 60,396 restricted stock units or unearned performance stock units which may be settled in up to 771,770 shares (assuming settlement at the maximum possible level) that have been granted to Daniel J. Rice IV under the Company’s 2014 Long-Term Incentive Plan (the “LTIP”).

 

2.              As of the date of this Agreement, the number of shares beneficially owned by Toby Z. Rice does not include (i) 60,396 restricted stock units that have been granted to Toby Z. Rice under the LTIP, (ii) unearned performance stock units which may be settled in up to 771,770 shares (assuming settlement at the maximum possible level) that have been granted to Toby Z. Rice under the LTIP, (iii) 12,824 restricted stock units that have been granted to Toby Z. Rice’s spouse under the LTIP or (iv) unearned performance stock units which may be settled in up to 5,372 shares (assuming settlement at the maximum possible level) that have been granted to Toby Z. Rice’s spouse under the LTIP.

 

3.              As of the date of this Agreement, the number of shares beneficially owned by Derek A. Rice does not include 60,396 restricted stock units or unearned performance stock units which may be settled in up to 771,770 shares (assuming settlement at the maximum possible level) that have been granted to Derek A. Rice under the LTIP.

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