Document:

Exhibit 10.30

    

  

  

  
    Execution Version

     

    

  

  
    OMNIBUS AGREEMENT

     

    THIS OMNIBUS AGREEMENT (this “Agreement”) is entered into as of April 15, 2021 by and between the Parties (as set out in Schedule D).

     

    R E C I T A L S:

     

    1.          On January 13, 2021, Hygo Energy Transition Ltd., a Bermuda exempted
        company (the “Company”), entered into an agreement and plan of merger (the “Merger Agreement”) with Golar LNG Limited, a Bermuda exempted company, Stonepeak Infrastructure Fund II Cayman (G) Ltd., New Fortress Energy Inc., a Delaware
        corporation (“Parent”), and Lobos Acquisition Ltd., a Bermuda exempted company and an indirect, wholly-owned Subsidiary of Parent (“Merger Sub”).

     

    

    2.          Pursuant to the Merger Agreement, at the Effective Time (as such term is
        defined in the Merger Agreement), Merger Sub merged with and into the Company, with the Company surviving the Merger as a subsidiary of Parent (the “Merger”).

     

    3.          Part 1 of Schedule A hereto sets forth a list of each bareboat
        charter (each a “Covered Agreement”) to which the Company or one or more of its subsidiaries is a party where GLNG guarantees certain obligations of the Company or such subsidiaries (“Guarantees”), and Part 2 of Schedule A
        hereto describes certain credit support required in respect of obligations of companies in which the Company owns an interest (“Required Credit Support”).

     

    4.        Schedule B hereto sets forth a form of management agreement that is
        intended to amend, restate and replace each of the Management Agreements to which the Tier 1 Service Provider and the Owners are a party, with such terms being further amended and superseded as further detailed and defined in Article II hereof.

     

    5.          The Parties desire by their execution of this Agreement to evidence their
        understanding with respect to (i) certain obligations of Parent and GLNG with respect to the Guarantees and (ii) the management services to be provided to Parent and its subsidiaries by certain subsidiaries of GLNG pursuant to the Management
        Agreements.

     

    In consideration of the premises 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 hereto hereby agree that the provisions of Article I and Article II and related Schedules shall be effective on and from the Effective Time (as defined in the Merger Agreement)
      (the “Effective Time”) as follows:

     

    

    
      
        

    

    ARTICLE I

      

      INDEMNIFICATION

     

    Section 1.1.        Parent Payment Obligation Under Covered Agreements; Indemnification.  For each
      Covered Agreement on and from the Effective Time, (i) Parent will pay to GLNG a guarantee fee equal to $250,000 per annum, (pro-rated for the number of days in the year during which relevant such Guarantee is outstanding), payable semiannually in
      arrears, (ii) Parent will be primarily responsible to GLNG for the payment of any amounts payable pursuant to such Guarantees, as the case may be, as incurred, and (iii) Parent shall indemnify GLNG for any amounts GLNG pays under such Guarantees, as
      the case may be, and for any losses, damages, liabilities, claims, demands, causes of action, judgments, settlements, fines, penalties, costs and expenses (including, without limitation, court costs and reasonable attorneys’ and experts’ fees, as
      incurred) of any and every kind or character arising out of or related to such Guarantees, as the case may be and in accordance with Section 1.2 and Section 1.3.

     

    Section 1.2.        Notification of Parent Payment Obligation.  GLNG agrees that it will promptly
      and in any event within two days provide Parent (i) notice after it becomes aware of facts giving rise to a payment obligation under a Guarantee, specifying the amount to be paid thereunder, the date on which such payment obligations fall due (each a
      “Demand Date”) and specifying instructions for the payment of such funds in accordance with Section 1.3 (such notice the “Parent Payment Notice”), and (ii) copies of any notices, demands or other correspondence served on GLNG by the
      beneficiary under the Guarantee in relation to such Guarantee.

     

    Section 1.3.         Notification of Claim for Indemnification.  In the event that Parent fails to
      make a payment to GLNG by the Demand Date specified in the relevant Parent Payment Notice: (i) GLNG shall make such payment and (ii) shall promptly provide Parent notice confirming that it has done so and requiring Parent to make payment of the
      amount for which GLNG is entitled to indemnification under Section 1.1 of this Agreement by a date falling no earlier than ten (10) days from the date on which Parent receives the Parent Payment Notice.

     

    Section 1.4.         Guarantees.  GLNG agrees that on and from the Effective Time it will maintain
      all Guarantees required pursuant to, and in accordance with the terms of, the Covered Agreements to which they are in issue, (ii) comply with all covenants and terms to which GLNG is subject in the Guarantees, and the Covered Agreements in respect of
      which such Guarantees are issued, if any, and (iii) provide Parent with quarterly covenant compliance reports in respect of all applicable financial covenants, if any.

     

    Section 1.5.         Notification of GLNG Payment Obligation.  In the event that GLNG  fails
      to comply with the requirements of Section 1.4 or Section 1.6, GLNG shall promptly notify Parent of such breach as soon as GLNG has become aware thereof, having made all due and careful enquiry.

     

    Section 1.6.        Notification of Claim for GLNG Indemnification.  Parent shall promptly provide
      GLNG notice specifying the amounts for which Parent, the Company and/or its subsidiaries are entitled to indemnification under Section 1.4 and this Section 1.6 and GLNG shall indemnify Parent and the relevant subsidiaries for any losses, damages,
      liabilities, claims, demands, causes of action, judgments, settlements, fines, penalties, costs and expenses (including, without limitation, court costs and reasonable attorneys’ and experts’ fees, as incurred) of any and every kind or character
      arising out of or related to GLNG’s failure to comply with GLNG’s obligations.

     

    

    
      
        

    

    Section 1.7.         Subrogation. 
        With respect to any amount paid by Parent pursuant to Section 1.1(ii) and (iii) or Section 1.4, GLNG shall on and from the date of any such payment assign to Parent any rights of contribution or subrogation against the Company and, as applicable,
        its subsidiaries corresponding to such amount.

     

    Section 1.8.        Cooperation.  On
        and from the Effective Time, each of GLNG and Parent shall use reasonable endeavors to have GLNG removed as guarantor or counter-indemnifier, as the case may be, under the Covered Agreements.

     

    Section 1.9.          Required Credit
          Support.

     

    (a)        GLNG shall, at its sole cost, maintain in full force
        and effect any letter(s) of credit, guarantee(s) or other credit support currently being maintained in respect of any Required Credit Support.

     

    (b)        GLNG shall maintain in full force and effect the $5.75
        million Irrevocable Standby Letter of Credit, Reference No. 39662244 (the “SSA L/C”), issued by Citibank, N.A., as issuing bank, for the benefit of Citibank N.A., in its capacity as Offshore Collateral Trust Agent, as Additional Equity
        Support in respect of the Additional Equity Commitment in accordance with the Amended and Restated Sponsor Support and Share Retention Agreement dated as of February 4, 2019 (the “SSA”), among CELSE – Centrais Elétricas de Sergipe S.A., as
        Borrower, CELSEPAR – Centrais Elétricas de Sergipe Participações S.A. as the Direct Shareholder, EBRASIL Energia Ltda., as the EBRASIL Shareholder, Golar Power Brasil Participações S.A., Golar Power Latam Participações e Comércio Ltda. and LNG
        Power Ltd., as the Golar Shareholders, Eletricidade do Brasil S.A. – EBRASIL and Golar Power Ltd., as the Sponsors, Golar LNG Ltd. and Stonepeak Infrastructure Fund II Cayman (G) Ltd., as the Golar Parents, Citibank, N.A., as the Intercreditor
        Agent, Citibank, N.A., as the Offshore Collateral Agent, and Banco Citibank S.A., as the Onshore Collateral Agent (as amended, modified, supplemented, restated and in effect from time to time), until the earlier of (x) May 1, 2021 and (y) the date
        on which Parent procures the replacement of the SSA L/C in compliance with the terms of the SSA.  Parent will be primarily responsible to GLNG for the payment of any amounts payable pursuant to the SSA L/C, as the case may be, as incurred, and
        Parent shall indemnify GLNG for any amounts GLNG pays under the SSA L/C, as the case may be, and for any losses, damages, liabilities, claims, demands, causes of action, judgments, settlements, fines, penalties, costs and expenses (including,
        without limitation, court costs and reasonable attorneys’ and experts’ fees, as incurred) of any and every kind or character arising out of or related to the SSA L/C, as the case may be.

     

    ARTICLE II

     

    MANAGEMENT AGREEMENTS

     

    Section 2.1.         Amendment and
          Restatement.  All management agreements and management services agreements between Owners and Tier 1 Service Provider shall be amended and restated on and from the Effective Time in the form appended at Schedule B (such amended and restated
        management agreements being the “Tier 1 Management Agreements”) provided that in the event of any conflict between any term of a Tier 1 Management Agreement and this Article II, this Article II shall
        prevail.

     

      

    
      
        

    

    Section 2.2.        Manager Termination
          Right. Without prejudice to any express right of termination a Tier 1 Service Provider or Tier 2 Service Providers has to terminate any management agreement, including, without limitation, pursuant to Clause 22 of the relevant Tier 1
        Management Agreement, to which it is a party (such agreements together the “Tier 1/Tier 2 Management Agreements”) in accordance with the terms of such management agreement, in exercising any express right to terminate for convenience under a
        management agreement, including, without limitation, pursuant to Clause 21 of the relevant Tier 1 Management Agreement, each Tier 1 Service Provider or Tier 2 Service Provider shall , except to the extent that (i) the vessel to which such Tier
        1/Tier 2 Management Agreement relates continues to be the subject of a bareboat charter, a time charter party agreement, an FSRU lease agreement, a liquefaction tolling agreement or gas agreement (together the “Charter Contracts”) and (ii)
        where such management agreement termination would reasonably be expected to trigger a termination right relating to the change in the identity of the manager of the relevant vessel under its Charter Contract, be entitled to exercise such right to
        terminate any Tier 1/Tier 2 Management Agreement by giving sixty (60) days’ notice to the relevant Owner (such termination, a “Manager Termination Right for Convenience”).

     

    Section 2.3.        Owner Termination
          Right.  Owner may terminate any Tier 1 Management Agreement for its convenience by giving sixty (60) days’ notice to the Tier 1 Service Provider.

     

    Section 2.4.          Limitation on Liability.  Any provision of a Tier 1/Tier 2 Management Agreement
      that would, but for this Section 2.4, have the effect of capping or limiting the liability of the Tier 1 Service Provider or a Tier 2 Service Provider thereunder, as the case may be, shall not apply in the event that such Tier 1/Tier 2 Management
      Agreement is terminated by a Tier 1 Service Provider or Tier 2 Service Provider (i) pursuant to any Manager Termination Right for Convenience which does not comply with Section 2.2 of this Agreement or (ii) in a manner that is not expressly
      contemplated in such Tier 1/Tier 2 Management Agreement (as amended by Section 2.2 of this Agreement), where such management agreement termination triggers a termination right relating to the change in the identity of the manager of the relevant
      vessel under its Charter Contract).

     

    Section 2.5.         Services Provision.
        Subject to the terms hereof and the relevant Tier 1/Tier 2 Management Agreements,  the Tier 1 Service Provider and the Tier 2 Service Providers will continue to provide such services as are set out in, and in accordance with, the relevant Tier
        1/Tier 2 Management Agreements and any other management agreements to which the Tier 2 Service Providers are a party, and the consultancy services under the Tier 1 Management Agreement shall without limitation include such advisory or other
        additional services as may be reasonably requested by the Partnership to enable the Owners to comply with each Charter Contract and any related financing arrangement covenant relating to management service provision, change of control and
        ownership, in each case as relate to the transaction contemplated by the Merger Agreement and this Agreement.

     

        

    Section 2.6.          Cool Pool.

     

    (a)        Each of Parent, GLNG and The Cool Pool Limited (“Cool

          Pool”) acknowledges and agrees that the Golar Celsius and the Golar Penguin (the “Vessels”) are currently trading in the LNG carrier pool (the “LNG Pool”) managed by Cool Pool as one of the vessels managed by GLNG and its
        Affiliates, and that both Vessels are currently  subject to time charter parties entered into between (i) in the case of the Golar Penguin, Golar M2023 and RWE Supply & Trading GmbH (the “Penguin Charter”); and (ii) in the case of the
        Golar Celsius, Golar M2026 and Cool Pool under a head charter and between Cool Pool and Uniper Global Commodities SE under a sub charter (the “Celsius Charter”, and together with the Penguin Charter, the “Pool Charters”).

     

      

    
      
        

    

    (b)         Each of GLNG and Cool Pool acknowledges and agrees
        that Parent may at any time after the date of this Agreement serve a notice on Cool Pool requesting the withdrawal of any of the Vessels from the LNG Pool. With effect from the receipt of such notice, each of GLNG and Cool Pool agrees that it shall
        (i) not enter into any further negotiation, arrangement, time charter or other agreement with any party with respect to the Vessels; and (ii) take such further actions reasonably requested by Parent in order to fully and unconditionally release the
        Vessels from any obligations under the applicable Pool Charter and make the Vessels fully available to Parent and its subsidiaries for charter to a third party promptly following such release.

     

    ARTICLE III

      

      MISCELLANEOUS

     

    Section 3.1.        Choice of Law; Submission to Jurisdiction.  This Agreement shall be subject to
      and governed by the laws of the State of New York.

     

    Section 3.2.         Notice.  All notices, requests or consents provided for or permitted to be given
      pursuant to this Agreement must be in writing and must be given by depositing the same in the mail, addressed to the Person to be notified, postpaid, and registered or certified with return receipt requested or by delivering such notice in person or
      by private-courier, prepaid, by telecopier to such party or by e-mail to such party.  Notice given by personal delivery or mail shall be effective upon actual receipt.  Couriered notices shall be deemed delivered on the date the courier represents
      that delivery will occur.  Notice given by e-mail or telecopier shall be effective upon actual receipt if received during the recipient’s normal business hours, or at the beginning of the recipient’s next business day after receipt if not received
      during the recipient’s normal business hours.  All notices to be sent to a party pursuant to this Agreement shall be sent to or made at the address set forth below such party’s signature to this Agreement, or at such other address as such party may
      stipulate to the other parties in the manner provided in this Section 3.2.

     

    Section 3.3.         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.

     

    Section 3.4.         Termination.  This Agreement shall terminate at the latest to occur of (a) no
      Guarantee remaining outstanding, (b) each of Parent and GLNG has paid all amounts due pursuant to Article I, (c) the termination of all Covered Agreements, (d) the termination of all management agreements and management services agreements to which
      the Tier 1 Service Provider and Tier 2 Service Providers are a party and (e) the termination or expiration of each agreement under which any Required Credit Support is required.

     

    Section 3.5.        Amendment or Modification.  This Agreement may be amended or modified from time
      to time only by the written agreement of all the parties hereto.

     

    Section 3.6.          Assignment.  No party shall have the right to assign its rights or obligations
      under this Agreement without the consent of the other parties hereto.

     

    

    
      
        

    

    Section 3.7.         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.  All counterparts shall be construed together and shall constitute one and the same instrument.

     

    Section 3.8.        Severability.  If any provision of this Agreement or the application thereof to
      any Person or circumstance shall be held invalid or unenforceable to any extent, the remainder of this Agreement and the application of such provision to other Persons or circumstances shall not be affected thereby and shall be enforced to the
      greatest extent permitted by law.

     

    Section 3.9.         Gender, Parts, Articles and Sections.  Whenever the context requires, the
      gender of all words used in this Agreement shall include the masculine, feminine and neuter, and the number of all words shall include the singular and plural.  All references to Article numbers and Section numbers refer to Articles and Sections of
      this Agreement.

     

    Section 3.10.      Further Assurances.  In connection with 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.

     

    [Signature page follows.]

    

    

    
      
        

    

    IN WITNESS WHEREOF, the Parties have executed this Agreement on, and effective as of, the date first written above.

     

    	 	
            GOLAR LNG LIMITED

          
	 	 
	 	
            By:

          	
            /s/ Georgina E. Sousa

          
	 	
            

            

          	
            Name:

            

          	Georgina E. Sousa
	 	

          	
            
              Title:

            

          	
            Director

          
	 	 
	 	
            Address for Notice for GLNG, Cool Pool,

             the Tier 1 Service Provider and the Tier 2 Service Providers:

          
	 	 

          
	 	
            Golar Management Ltd

          
	 	
            6th Floor, The Zig Zag

          
	 	
            70 Victoria Street

          
	 	
            London SW1E 6SQ

          
	 	
            United Kingdom

          
	 	 	 
	 	
            Email:

          	
            karl.staubo@golar.com

          
	 	 	
             GMLLegal@golar.com

          
	 	
            Attention: Karl Fredrik Staubo

          

    

    

    	 	
            NEW FORTRESS ENERGY INC.

          
	 	 
	 	
            By:

          	
            /s/ Christopher Guinta

          
	 	
            

            

          	
            Name:

            

          	Christopher Guinta
	 	

          	
            Title:

          	
            Director

          
	 	 
	 	
            Address for Notice for the Parent and the Owners:

          
	 	 
	 	
            New Fortress Energy Inc.

          
	 	
            111 W. 19th Street, 8th Floor

          
	 	
            New York, New York 10011

          
	 	 	 
	 	
            Attn:

          	
            General Counsel

          
	 	
            Email:

          	
            legal@newfortressenergy.com

          
	 	
            Phone: 

            

          	516-268-7400

    

    

    
      
        

    

    	 	
            THE COOL POOL LIMITED

          
	 	 
	 	
            By:

          	
            /s/ Georgina E. Sousa

          
	 	

          	
            Name:

            

          	Georgina E. Sousa
	 	

          	
            Title:

          	
            Director

          
	 	 
	 	
            GOLAR HULL M2026 CORP.

          
	 	 
	 	
            By:

          	
            /s/ Georgina E. Sousa

          
	 	

          	
            Name:

            

          	Georgina E. Sousa
	 	

          	
            
              Title:

            

          	
            Director

          
	 	 
	 	
            GOLAR HULL M2023 CORP.

          
	 	 
	 	
            By:

          	
            /s/ Georgina E. Sousa

          
	 	

          	
            Name:

            

          	Georgina E. Sousa
	 	

          	
            Title:

          	
            Director

          
	 	 
	 	
            GOLAR NANOOK UK LIMITED

          
	 	 
	 	
            By:

          	
            /s/ Rodrigo Fortes

          
	 	

          	
            Name:

            

          	Rodrigo Fortes
	 	 	
            Title:

          	
            Director

          
	 	 
	 	
            GOLAR FSRU8 CORPORATION

          
	 	 
	 	
            By:

          	
            /s/ Georgina E. Sousa

          
	 	

          	
            Name:

            

          	Georgina E. Sousa
	 	 	
            Title:

          	
            Director

          
	 	 
	 	
            GOLAR MANAGEMENT (BERMUDA) LIMITED

          
	 	 
	 	
            By:

          	
            By:

          	
            /s/ Georgina E. Sousa

          
	 	

          	
            Name:

            

          	Georgina E. Sousa
	 	 	
            Title:

          	
            Director

          
	 	 
	 	
            GOLAR MANAGEMENT LTD

          
	 	 
	 	
            By:

          	
            /s/ Malcom Bulbeck

          
	 	

          	
            Name:

            

          	Malcom Bulbeck
	 	

          	
            Title:

          	
            Director

          

    

    

    
      
        

    

    	 	
            GOLAR MANAGEMENT NORWAY AS

          
	 	 
	 	
            By:

          	
            /s/ Erling David-Andersen

          
	 	
            

            

          	
            Name:

            

          	Erling David-Andersen
	 	

          	
            
              Title:

            

          	Director
	 	 
	 	
            GOLAR MANAGEMENT D.O.O.

          
	 	 
	 	
            By:

          	
            /s/ Lasse Røed

          
	 	
            

            

          	
            Name:

            

          	Lasse Røed
	 	

          	
            Title:

            

          	Director
	 	 
	 	
            GOLAR MANAGEMENT MALAYSIA SDN BHD

          
	 	 
	 	
            By:

          	
            /s/ Jamal Ishak Aziz Ahmad

          
	 	
            

            

          	
            Name:

            

          	Jamal Ishak Aziz Ahmad
	 	

          	
            Title:

            

          	General Manager

     

      

    
      
        

    

    Schedule A

    

    

    Part 1

    

    

    Covered Agreements

    

    

    Charters

    

    

    	

          	1.	
            Bareboat Charter dated March 3, 2020 between Noble Celsius Shipping Limited and Golar Hull M2026 Corporation.

          

    

    

    	

          	2.	
            Bareboat Charter dated December 17, 2019 between Oriental Fleet LNG 02 Limited and Golar Hull M2023 Corporation.

          

    

    

    	

          	3.	
            Bareboat Charter for FSRU “Golar Nanook” dated 25 September 2018 between Compass Shipping 23 Corporation Limited and Golar FSRU8 Corporation.

          

    

    

    Part 2

    

    

    Required Credit Support

    

    

    	

          	1.	
            The Indemnitor Letter of Credit issued by GLNG in accordance with section 2 of the indemnity agreement entered into between GLNG, the Company and Stonepeak Infrastructure Fund II Cayman (G) Ltd on 15 April 2021.

          

     

      

    
      
        

    

    Schedule B1

    

    

    BIMCO Shipman Agreement to be inserted

     

      

    
      
        

    

    Schedule B2

    

    

    Bermuda Services Agreement to be inserted

    

    

    
      
        

    

    Schedule C

    Management Agreements

     

    Tier 1 Management Agreements

     

      

    	
            Asset

          	
            Golar Counterparty / Owner

          	
            Tier 1 Service Provider

          
	
             

            Nanook

          	
            Golar FSRU8 Corporation (to be replaced by Golar Nanook UK Limited from the Effective Time in the discretion of the Parent)

          	
            GML

          
	
            Celsius

          	
            Golar Hull M2026 Corp.

          	
            GML

          
	
            Penguin

          	
            Golar Hull M2023 Corp.

          	
            GML

          
	
            Corporate

          	
            Hygo Energy Transition Ltd

          	
            Golar Management Bermuda

          

    

    

    Tier 2 Management Agreements

     

      

    	 	
            Counterparty

          	 	
            Service Provider

          
	 	
            GML

          	 	
            Golar Management Norway AS

          
	 	
            GML

          	 	
            Golar Management Malaysia SDN BHD

          
	 	
            GML

          	 	
            Golar Management D.O.O.

          

    

    

    
      
        

    

    Schedule D

    Parties

    

    

    Golar LNG Limited, a Bermuda exempted company (“GLNG”), The Cool Pool Limited, a Marshall Islands company (“Cool Pool”), Golar Hull M2026 Corp., a Marshall
      Islands corporation (“Golar M2026”), Golar Hull M2023 Corp., a Marshall Islands corporation (“Golar M2023”), Golar FSRU8 Corporation, a Marshall Islands corporation (“Golar FSRU8”), Golar Nanook UK Limited, an England & Wales
      company (“Golar Nanook”, and, together with Golar FSRU8, Golar M2026 and M2023, the “Owners”), Golar Management Ltd (“GML”), an England and Wales company, the “Tier 1 Service Provider”), Golar Management Norway AS, a
      Norway company (“Golar Norway”), Golar Management Malaysia SDN BHD, a Malaysia company (“Golar Malaysia”), Golar Management D.O.O., a Croatia company (“Golar Croatia”), Golar Management (Bermuda) Limited, a Bermuda exempted
      company (“Golar Management Bermuda” and together with GML, Golar Norway, Golar Malaysia, and Golar Croatia, the “Tier 2 Service Providers”) and New Fortress Energy Inc., a Delaware corporation (“Parent” and together with Cool
      Pool, GLNG, the Owners, the Tier 1 Service Provider and the Tier 2 Service Providers, the “Parties”).Exhibit 10.31

  

  

  

  
    EXECUTION VERSION

  

  
    

    

    INDEMNITY AGREEMENT

     

    This Indemnity Agreement (this “Agreement”) is made by GOLAR LNG LIMITED (“GLNG”), a Bermuda exempted company, and STONEPEAK INFRASTRUCTURE FUND II CAYMAN (G) LTD. (“Stonepeak”) (each an “Indemnitor” and together, the “Indemnitors”), in favor of HYGO ENERGY TRANSITION LTD. (f/k/a Golar Power Ltd.) (“Hygo”), a Bermuda exempted company.

     

    WHEREAS, immediately prior to the entry into this Agreement, GLNG and Stonepeak were the sole shareholders of Hygo, whose rights and obligations with respect to Hygo
      were governed by that certain Investment and Shareholders Agreement, dated July 5, 2016, by and among, GLNG, Stonepeak and Hygo (the “Shareholders Agreement”);

     

    WHEREAS, GLNG and Stonepeak, immediately prior to the date hereof, are parties to that certain Amended and Restated Sponsor Support and Share Retention Agreement, dated
      as of February 4, 2019 (as amended, modified, supplemented, restated and in effect from time to time, the “A&R Sponsor Support and Share Retention Agreement”), by and among CELSE –
      Centrais Elétricas de Sergipe S.A., as the Borrower, CELSEPAR – Centrais Elétricas de Sergipe Participações S.A., as the Direct Shareholder (“CELSEPAR”), EBRASIL Energia Ltda., as the
      EBRASIL Shareholder, Golar Power Brasil Participações S.A., as a Golar Shareholder, LNG Power Ltd., as a Golar Shareholder, Golar Power Latam Participações e Comércio Ltda., as a Golar Shareholder, Eletricidade do Brasil S.A. – EBRASIL (“EBRASIL”), as a Sponsor, Hygo, as a Sponsor, GLNG, as a Golar Parent, Stonepeak, as a Golar Parent, Citibank, N.A., as the Intercreditor Agent and Offshore Collateral Agent, and Banco Citibank,
      S.A., as the Onshore Collateral Agent;

     

    WHEREAS, pursuant to that certain Agreement and Plan of Merger (the “Merger Agreement”), dated as of January
      13, 2021, by and among Hygo, GLNG, Stonepeak, New Fortress Energy Inc. (“NFE”) and Lobos Acquisition Ltd. (the “Merger Sub”), upon
      the terms and subject to the conditions thereof, Merger Sub will merge with and into Hygo (the “Merger”), with Hygo continuing as the surviving company in the Merger and becoming a
      wholly-owned subsidiary of NFE;

     

    WHEREAS, pursuant to that certain Side Letter, dated as of March 30, 2021, from CELSEPAR (and agreed and accepted by Hygo and EBRASIL, as Sponsors) to Citibank, N.A., as
      Intercreditor Agent and as Offshore Collateral Agent, Inter-American Investment Corporation, as the IDB Invest Senior Lender Representative, the IDB Senior Lender Representative and the China Fund Senior Lender Representative, International Finance
      Corporation, as the IFC Senior Lender Representative, Credit Suisse AG, as Policyholder Agent, and Pentágono S.A. Distribuidora de Títulos e Valores Mobiliários, as Fiduciary Agent (the “Sponsor
        Support Side Letter”), (i) CELSEPAR agreed to procure the delivery by Hygo and EBRASIL of, and Hygo and EBRASIL have executed, that certain Guaranty, dated as of March 30, 2021, in favor of the Offshore Collateral Agent (the “Guaranty”), pursuant to which Hygo and EBRASIL guarantee on a several (but not joint) basis certain Guaranteed Obligations (as defined in the Guaranty) of CELESPAR under the Sponsor Support Side
      Letter and (ii) CELSEPAR has agreed, on or prior to April 15, 2021, to deliver to the Intercreditor Agent one or more Acceptable Letters of Credit in favor of the Offshore Collateral Agent in an aggregate stated amount of US$6,000,000, in furtherance
      of CELESPAR’s obligations under the Sponsor Support Side Letter; and

     

    
      
        

    

    
    WHEREAS, on and subject to the terms set forth herein, GLNG and Stonepeak have each agreed, on a several (but not joint) basis (i) to indemnify Hygo in respect of its
      obligations under the Guaranty and (ii) to procure the delivery to the Intercreditor Agent of an Acceptable Letter of Credit in favor of the Offshore Collateral Agent with a face value of US$1,500,000 for each such Acceptable Letter of Credit.

     

    NOW, THEREFORE, in consideration of good and valuable consideration, the adequacy, receipt and sufficiency of which are hereby acknowledged, Indemnitor hereby agrees as
      follows:

     

    	1.	
            Indemnification. Each
                Indemnitor hereby agrees to indemnify on a several (but not joint) basis Hygo for an amount equal to fifty percent (50%) (“Pro Rata Share Amount”) of any and all amounts paid by
                Hygo to the Offshore Collateral Agent in respect of the Guaranteed Obligations under the Guaranty (“Indemnified Obligations”); provided, however, in no event shall the Indemnified Obligations exceed (i) an amount in the aggregate (the “Aggregate Cap”) equal to the lower of (x)
                US$6,000,000 and (y) the amount actually paid by Hygo to the Offshore Collateral Agent in respect of the Guaranteed Obligations under the Guaranty or (ii) with respect to each individual Indemnitor, an amount (the “Individual Cap”) equal to the lower of (x) $3,000,000 and (ii) fifty percent (50%) of the amount actually paid by Hygo to the Offshore Collateral Agent in respect of the Guaranteed Obligations under the
                Guaranty; and further provided that, notwithstanding anything else in this Agreement, in no event will either Indemnitor have aggregate liability or other obligations under this Agreement or
                otherwise in connection with the Indemnified Obligations in excess of an amount (together with the Aggregate Cap and Individual Cap, the “Cap”) equal to (x) US$3,000,000, less (y) the face value of any Indemnitor Letter of Credit procured and delivered by such Indemnitor in accordance with Section 2 below (in the case of this clause (y), so long as such Indemnitor
                Letter of Credit remains in effect).  Each of the parties hereby expressly acknowledges and agrees that in no event may this Agreement be enforced without giving effect to the Cap, and that this Agreement may be enforced by Hygo for the
                payment of money only.

          

     

    	2.	
            Letter of Credit. Each
                Indemnitor hereby agrees, (i) on or before April 15, 2021, to individually procure the delivery to the Intercreditor Agent of an Acceptable Letter of Credit in favor of the Offshore Collateral Agent with a face value of US$1,500,000 (each
                an “Indemnitor Letter of Credit”) and (ii) to maintain such Indemnitor Letter of Credit in full force and effect as required under the Sponsor Support Side Letter.

          

     

    	3.	
            Termination.

          

     

    This Agreement shall be and continue to be in full force and effect from the Effective Date until the earliest of: (a) the termination of the Sponsor
      Support Side Letter; (b) the Completion Support Release Date (as defined in the Sponsor Support Side Letter); (c) the full and final discharge and satisfaction of the Indemnified Obligations; or (d) the amendment of the Guaranty or the Sponsor
      Support Side Letter in a manner materially adverse to the Indemnitors without the express written consent of the Indemnitors; provided, however, any such termination shall not release the Indemnitors from
      their respective obligations with respect to any Indemnified Obligations arising prior to the effectiveness of, or in conjunction with (and including, without limitation, debt amounts outstanding as of the date of) such termination (even if the
      amount of any such Indemnified Obligation is not then fully determined).

     

    
      2

      
        

    

    Upon the occurrence of any such event listed in Section 3 above, notwithstanding anything herein to the contrary, this Agreement and each
      Indemnitor’s liability hereunder shall immediately and automatically terminate and expire (other than any liability expressly contemplated as surviving pursuant to the provisions in this Section 3).

     

    Notwithstanding anything to the contrary, in the event that Hygo or any of its Affiliates, or any person or entity claiming by, through or on behalf
      or in the name or for the benefit of Hygo or any of its Affiliates, asserting a claim in writing, or otherwise in any litigation or other adversarial proceeding (whether under any theory at law or equity or otherwise) (i) that the provisions of Section

        1 hereof limiting an Indemnitor’s liability to the Cap and limiting Hygo’s enforcement hereof to the payment of money only, or the provisions of this Section 3 or Sections 7 through 11 are illegal, invalid or
      unenforceable in whole or in part, or (ii) any theory of liability against any Indemnitor or any Non-Recourse Party (as defined below) with respect to the transactions contemplated by this Agreement or the Indemnified Obligations, other than claims
      solely by Hygo against the Indemnitors under (and solely in accordance with) this Agreement, then in any such case of the foregoing clauses (i) or (ii), (x) the obligations of the Indemnitors under this Agreement shall terminate ab initio and shall
      thereupon be null and void, (y) if any Indemnitor has previously made any payments under this Agreement, Hygo shall immediately upon demand refund such payments and the applicable Indemnitor(s) shall be entitled to recover such payments from Hygo,
      and (z) neither the Indemnitors nor any Non-Recourse Parties shall have any liability to Hygo or any of its Affiliates under this Agreement, or in respect of the Indemnified Obligations or any of the transactions contemplated hereby.

     

    Further notwithstanding anything to the contrary, including without limitation anything that may be expressed or implied in this Agreement or any
      document or instrument delivered contemporaneously herewith, and notwithstanding the fact that an Indemnitor may be a limited partnership, by its acceptance of the benefits of this Agreement, each of the parties acknowledges and agrees that (i) no
      person or entity other than the Indemnitors and Hygo has any liability or other obligations hereunder and (ii) there is no remedy, recourse or right of recovery against, and no personal liability shall attach to, any former, current or future
      director, officer, employee, agent, attorney, direct or indirect equityholder, controlling person, general or limited partner, manager, member, stockholder, co-investor, Affiliate or assignee of any Indemnitor or its Affiliates, or any former,
      current or future director, officer, employee, agent, attorney, direct or indirect equityholder, controlling person, general or limited partner, manager, member, stockholder, co-investor, Affiliate or assignee of any of the foregoing (each of the
      foregoing, including, without limitation, the Indemnitors, a “Non-Recourse Party”), through an Indemnitor or otherwise, whether by or through attempted piercing of the corporate (or limited
      liability company or partnership) veil, by the enforcement of any assessment or by any legal or equitable proceeding, by virtue of any applicable law or otherwise, in each case of the foregoing, except for (claims solely by Hygo against the
      Indemnitors under (and solely in accordance with) this Agreement.

     

    
      3

      
        

    

    Each party hereby covenants and agrees that except for claims against the Indemnitors and Hygo under (and solely in accordance with) this Agreement,
      it shall not institute, and shall cause each of its Affiliates and each of the respective agents and representatives of the foregoing not to institute, directly or indirectly, any litigation or other adversarial proceeding or to bring any other claim
      relating to, arising under, or in connection with, this Agreement, the Indemnified Obligations or any of the other transactions contemplated hereby, against any Non-Recourse Party.

     

    	4.	
            Notices.  All notices,
                requests and other communications hereunder shall be in writing and shall be (a) delivered personally, (b) sent by nationally recognized overnight courier or (c) by delivery of a PDF copy by electronic mail, read receipt requested, in each
                case addressed to the appropriate party at the address for such party shown below or at such other address as such party shall have theretofore designated by written notice delivered to the party giving such notice:

          

     

      

    	 	
            If to Hygo, to:

          	
            Hygo Energy Transition Ltd.

            c/o New Fortress Energy Inc.

            111 W. 19th Street, 8th Floor

            Attention: General Counsel

            E-mail: legal@newfortressenergy.com

          
	 	 	 
	 	
            If to GLNG, to:

          	
            Golar LNG Limited

            2nd Floor, S.E. Pearman Building, 9 Par-la-Ville Road

            Hamilton HM 11, Bermuda

            Attention: Karl Staubo

            Email: karl.staubo@golar.com;

             GMLLegal@golar.com

          
	 	 	 
	 	
            If to Stonepeak, to:

          	
            Stonepeak Infrastructure Fund II Cayman (G) Ltd.

            55 Hudson Yards, 550 W 34th Street, 48th Floor

            New York, New York 10001

            Attention: Adrienne Saunders; James Wyper

            Email: saunders@stonepeakpartners.com;

             wyper@stonepeakpartners.com

          

     

    Any notice given in accordance herewith shall be deemed to have been given when delivered to the addressee in person, or by courier during normal
      business hours, or upon actual receipt by the addressee after such notice has either been delivered to an overnight courier or deposited in the mail, or upon written confirmation of receipt if given by electronic mail, as the case may be (provided,
      that a “read receipt” shall constitute such written confirmation). The parties may change the address, telephone numbers, and email addresses to which such communications are to be addressed by giving written notice to the other Parties in the manner
      provided in this Section 4.

     

      

    
      4

      
        

    

    	5.	
            Demand and Payment.  Any
                demand by Hygo for payment from the Indemnitors hereunder shall: (a) be in writing; (b) reference this Agreement; (c) specify the amount of Indemnified Obligations Hygo claims it is owed and the amounts paid by Hygo to the Offshore
                Collateral Agent under the Guaranty; (d) specify the Pro Rata Share Amount owed by each Indemnitor with respect to the Indemnified Obligations, (e) include evidence of the payment made by Hygo to the Offshore Collateral Agent under the
                Guaranty and a statement describing in reasonable detail and with reasonable specificity the circumstances surrounding Hygo’s incurrence of the liabilities that give rise to the Indemnified Obligations; (f) be signed by a duly authorized
                officer of Hygo; and (g) be delivered to each Indemnitor pursuant to Section 4 hereof. So long as such demand complies with the foregoing sentence and payment is otherwise due from an Indemnitor in accordance with this Agreement,
                such Indemnitor shall pay, or cause to be paid, the amount so due in respect of the Indemnified Obligations within ten (10) Business Days of receipt of such demand (for the avoidance of doubt, subject to the Cap). Hygo shall provide any
                further documentary evidence reasonably requested by each Indemnitor relating to such demand and the Guaranteed Obligations that give rise to the applicable Indemnified Obligations. All payments under this Agreement shall be made without
                deduction or withholding for or on account of any present or future taxes; provided, however, that if any applicable law requires the deduction or
                withholding of any tax from any such payment, then each Indemnitor shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant governmental authority in accordance with
                applicable law, and the sum payable by each Indemnitor shall be increased as necessary so that after such deduction or withholding has been made, Hygo receives an amount equal to the sum it would have received had no such deduction or
                withholding been made.

          

     

    	6.	
            Letter of Credit Payments.
                GLNG and Stonepeak each acknowledge and agree that in the event that the Offshore Collateral Agent makes a demand for payment under an Indemnitor Letter of Credit, then such Indemnitor party (“Paying LC Party”) shall promptly provide written notice to the other Indemnitor party (“Non-Paying LC Party”) of such payment amount and if the Offshore
                Collateral Agent did not make a demand under the Non-Paying LC Party’s Indemnitor Letter of Credit, or made a demand for less than the amount demanded under the Paying LC Party’s Indemnitor Letter of Credit, the Non-Paying LC Party agrees
                to reimburse the Paying LC Party for an amount equal to the difference between (a) fifty percent of the aggregate amount demanded under each Indemnitor Letter of Credit and (b) the amount demanded by the Offshore Collateral Agent under the
                Non-Paying LC Party’s Indemnitor Letter of Credit, within fifteen (15) Business Days of receipt of such notice.

          

     

    	7.	
            No Waiver; Remedies.  Except
                as to applicable statutes of limitation, no failure on the part of any party to exercise, and no delay in exercising, any right hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any right hereunder
                preclude any other or further exercise thereof or the exercise of any other right.  The remedies herein provided are cumulative and not exclusive to any remedies provided by law.

          

     

      

    
      5

      
        

    

    	8.	
            Assignment; Successors and Assigns.  No party hereto may assign or delegate any of its respective rights or obligations hereunder without the prior written consent of the other parties; provided, however, that each Indemnitor
                may, without the prior written consent of the other parties, assign its rights and obligations under this Agreement to (i) any Affiliate of such Indemnitor that has assets and liquidity in an amount equal to or greater than the assets and
                liquidity of such Indemnitor as of the date of the proposed assignment or (ii) any assignee that acquires all or substantially all of the assets of such Indemnitor.  Any assignment that does not comply with the terms of this Section 8
                shall be deemed null and void and of no force or effect.  This Agreement shall be binding upon and inure to the benefit of each party hereto and their respective successors and permitted assigns.

          

     

    	9.	
            Amendments, etc.  No
                amendment or other modification of the terms of this Agreement shall be effective unless in writing and signed by each Indemnitor and Hygo and stating that it is expressly intended to give effect to the applicable amendment or modification
                hereto.  Neither any waiver of any provision of this Agreement nor consent to any departure by either party therefrom shall be effective in any event unless such waiver shall refer to this Agreement, be in writing and be signed by such
                party.  Any such waiver shall be effective only in the specific instance and for the specific purpose for which it was given.

          

     

    	10.	
            Headings and Definitions. 
                The headings and captions used in this Agreement have been inserted for convenience only and shall be given no substantive meaning or significance whatsoever in construing the terms and provisions hereof.  Any capitalized term utilized but
                not defined herein shall have the meaning given to such term in the Guaranty (including by incorporation), in the A&R Sponsor Support and Share Retention Agreement or in Annex I to the Common Terms Agreement, as applicable.

          

     

    	11.	
            Governing Law; Jurisdiction; Jury Waiver.

          

     

    	

          	(a)	
            This Agreement shall be governed by, construed and enforced in accordance with the laws of the State of New York, without regard to choice of law principles that would require the application of the laws of any other jurisdiction.

          

     

    	

          	(b)	
            Each of the parties hereto hereby (i) consents to submit itself to the personal jurisdiction and venue of the courts of the State of New York sitting in New York County or, if such courts shall not have jurisdiction, the United States
              District Court of the Southern District of New York, and any appellate court thereof, with respect to any suit relating to or arising out of this Agreement or any of the transactions contemplated hereby, (ii) agrees that it will, to the
              fullest extent it may effectively do so, not attempt to defeat or deny such personal jurisdiction or venue by motion or otherwise, (iii) agrees that it will not bring any action or proceeding with respect to this Agreement in any court other
              than a court of the State of New York sitting in New York County or, if applicable pursuant to clause (i) above, the United States District Court of the Southern District of New York, and any appellate court thereof, (iv) irrevocably agrees
              that any action or proceeding with respect to, arising directly or indirectly in connection with, out of, related to, or from this Agreement or any transactions contemplated hereby (whether at law, in equity, in contract, in tort or
              otherwise) shall be heard and determined exclusively in a court of the State of New York sitting in New York County or, if applicable pursuant to clause (i) above, the United States District Court of the Southern District of New York, and any
              appellate court thereof, (v) agrees to service of process in any such action in any manner prescribed by the laws of the State of New York, and (vi) agrees that service of process upon such party hereto in any action or proceeding shall be
              effective if notice is given in accordance with Section 4.  The parties hereto further agree, to the fullest extent permitted by law, that a final and non-appealable judgment against any of them in any action or proceeding
              contemplated above shall be conclusive and may be enforced in any other jurisdiction within or outside the United States by suit on the judgment, a certified copy of which shall be conclusive evidence of the fact and amount of such judgment,
              a certified or exemplified copy of which shall be conclusive evidence of the fact and amount of such judgment.

          

     

      

    
      6

      
        

    

    	

          	(c)	
            To the extent that any party hereto has or hereafter may acquire any immunity from jurisdiction of any court or from any legal process (whether through service of notice, attachment prior to judgment, attachment in aid of execution,
              execution or otherwise) with respect to itself or its property, each such party hereby irrevocably (i) waives such immunity in respect of its obligations with respect to this Agreement and (ii) submits to the personal jurisdiction of any
              court described in Section 11(b).

          

     

    	

          	(d)	
            Each party hereto hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising
              out of or relating to this Agreement or the transactions contemplated hereby in any court referred to in Section 11(b). Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by applicable law, the
              defense of an inconvenient forum to the maintenance of such action or proceeding in any such court.

          

     

    	

          	(e)	
            EACH PARTY TO THIS AGREEMENT HEREBY KNOWINGLY AND VOLUNTARILY WAIVES ITS RIGHTS TO TRIAL BY JURY IN ANY PROCEEDING INVOLVING OR IN ANY WAY RELATING TO ANY ACTION, SUIT OR PROCEEDING ARISING OUT OF OR RELATING TO
              THIS AGREEMENT OR ANY TRANSACTION CONTEMPLATED HEREBY.

          

     

    	12.	
            Entire Agreement. This
                Agreement contains the entire agreement between the parties hereto with respect to the subject matter hereof and supersedes any prior understandings, agreements or representations by or between the parties hereto, written or oral, that may
                have related to the subject matter hereof in any way.

          

     

    	13.	
            Severability.  Whenever
                possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be prohibited by or invalid under applicable law, such
                provision shall be ineffective only to the extent of such prohibition or invalidity, without invalidating the remainder of such provisions or the remaining provisions of this Agreement.

          

     

    	14.	
            Counterparts.  This
                Agreement may be executed in multiple counterparts (including by PDF or electronic means), each of which shall be deemed an original but all of which taken together shall constitute one and the same instrument.

          

     

      

    
      7

      
        

    

    	15.	
            Special Damages. In no event
                shall an Indemnitor be liable for any special, exemplary, punitive or consequential or indirect damages resulting from or arising out of this Agreement, except to the extent such damages are Guaranteed Obligations for which Hygo has made
                payment under the Guaranty.

          

     

      

    [Remainder of page intentionally left blank.]

     

      

    
      8

      
        

    

    IN WITNESS WHEREOF, each Indemnitor has caused this Agreement to be duly executed and delivered by its duly authorized officers effective as of this 15th day of April,
      2021 (the “Effective Date”).

    

    

    	

          	
            STONEPEAK INFRASTRUCTURE FUND II CAYMAN (G) LTD.

          
	 	 
	

          	
            By:

          	
            /s/ Luke Taylor

          
	

          	

          	
            
              Name:

            

          	
            Luke Taylor

          
	

          	

          	
            Title:

            

          	Senior Managing Director

    

    

    
      [Signature Page to Indemnity Agreement]

      

      

    

    
      
        

    

    	 	
            GOLAR LNG LIMITED

          
	 	 
	

          	
            By:

          	
            /s/ Georgina E. Sousa

          
	

          	
            

            

          	
            Name:

          	
            Georgina E. Sousa

          
	

          	

          	
            Title:

          	
            Director

          

    

    

    
      [Signature Page to Indemnity Agreement]

    

    

    

    
      
        

    

    Acknowledged and agreed to this 15th day of April, 2021.

    

    

    	
            HYGO ENERGY TRANSITION LTD.

          	 
	 	 
	
            By:

          	
            /s/ Eduardo Maranhao

          	 
	
            

            

          	
            Name:

          	
            Eduardo Maranhao

          	 
	

          	
            Title:

          	
            CFO

          	 

     

      

    [Signature Page to Indemnity Agreement]

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