Document:

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                                                                 EXHIBIT 10.7(c)

                                                                  EXECUTION COPY

                               AMENDMENT NO. 2 TO
                           SECOND AMENDED AND RESTATED
                         RECEIVABLES PURCHASE AGREEMENT

         This AMENDMENT NO. 2 TO SECOND AMENDED AND RESTATED RECEIVABLES
PURCHASE AGREEMENT (this "Amendment") is made and dated as of February 24, 2004,
by and among (a) Link Energy Limited Partnership (formerly EOTT Energy Operating
Limited Partnership) (the "Seller") and (b) Standard Chartered Trade Services
Corporation ("SCTSC"). Capitalized terms used but not otherwise defined herein
shall have the meanings given to them in the Receivables Purchase Agreement (as
defined below).

         WHEREAS, the Seller, SCTSC and Standard Chartered Bank have entered
into that Second Amended and Restated Receivables Purchase Agreement, dated as
of February 11, 2003 (as amended by Amendment No. 1 to Second Amended and
Restated Receivables Purchase Agreement, dated as of August 29, 2003, and as
further as amended, supplemented, restated or otherwise modified from time to
time, the "Receivables Purchase Agreement"), pursuant to which SCTSC has agreed
to purchase from the Seller certain receivables which are payable by Koch Supply
and Trading, L.P. (f/k/a Koch Petroleum Group L.P.); and

         WHEREAS, the Seller has requested that SCTSC amend the Receivables
Purchase Agreement, and SCTSC, on the terms and subject to the conditions set
forth below, has agreed to amend the Receivables Purchase Agreement;

         NOW, THEREFORE, in consideration of the foregoing premises, the Seller
and SCTSC agree as follows:

         SECTION 1. AMENDMENTS TO THE RECEIVABLES PURCHASE AGREEMENT.

         (a)      Section 8(C)(ii) of the Receivables Purchase Agreement is
hereby amended and restated in its entirety to read as follows:

         "(ii) If the Maturity Date has been extended pursuant to clause (i)
               above, on any date which is four Business Days prior to the First
               Extension Date, at the option of the Seller and upon written
               notice to SCTSC, the Seller may extend the Maturity Date from the
               First Extension Date until June 1, 2004, upon payment to SCTSC of
               a non-refundable extension fee in an amount agreed upon between
               SCTSC and the Seller."

         SECTION.2. REPRESENTATION AND WARRANTIES. The Seller represents and
warrants to SCTSC as follows:

                  (a)      The representations and warranties of the Seller
         contained in the Receivables Purchase Agreement (i) were true and
         correct when made and

<PAGE>

         (ii) shall be true and correct on and as of the Effective Date with the
         same effect as if made at and as of that time (except to the extent
         that such representations and warranties relate expressly to an earlier
         date).

                  (b)      The execution and delivery by the Seller of this
         Amendment and the performance by the Seller of its agreements and
         obligations under this Amendment are within its authority, and have
         been duly authorized by all necessary action. Such execution, delivery,
         and performance by the Seller, do not and will not (a) contravene any
         provision of the Seller's organizational documents or (b) conflict with
         any law, regulation or contractual restriction binding on or affecting
         the Seller.

                  (c)      This Amendment and the Receivables Purchase
         Agreement, as amended hereby, constitutes the legal, valid and binding
         obligations of the Seller, enforceable in accordance with their
         respective terms, except as enforcement may be limited by principles of
         equity, bankruptcy, insolvency, or other laws affecting the enforcement
         of creditors' rights generally.

                  (d)      After giving effect to this Amendment, no Default or
         Event of Seller Default has occurred and is continuing. As used herein,
         "Default" shall mean any default, event or condition that would, with
         the giving of any requisite notices and the passage of any requisite
         periods of time, constitute an Event of Seller Default.

         SECTION 3. CONDITION TO EFFECTIVENESS. This Amendment shall become
effective as of the date hereof (the "Effective Date") upon the due execution
and delivery of this Amendment to SCTSC by SCTSC and the Seller.

         SECTION 4. EXPENSES. The Seller shall pay all reasonable out-of-pocket
expenses incurred by SCTSC in connection with the preparation, negotiation,
execution, delivery and enforcement of this Amendment, including, but not
limited to, the reasonable fees and expenses of Bingham McCutchen LLP.

         SECTION 5. MISCELLANEOUS. Except as expressly provided herein, this
Amendment shall not, by implication or otherwise, alter, modify, amend or in any
way affect any of the obligations or covenants contained in the Receivables
Purchase Agreement, all of which are ratified and confirmed in all respects and
shall continue in full force and effect.

         SECTION 6. COUNTERPARTS. This Amendment may be executed in any number
of counterparts, but all of such counterparts shall together constitute but one
and the same agreement. Delivery of an executed counterpart of a signature page
by facsimile transmission shall be effective as delivery of a manually executed
counterpart of this Amendment. In making proof of this Amendment, it shall not
be necessary to produce or account for more than one such counterpart.

                                       2

<PAGE>

         SECTION 7. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (WITHOUT
REFERENCE TO CONFLICT OF LAWS).

                  [Remainder of Page Intentionally Left Blank]

                                       3

<PAGE>

         IN WITNESS WHEREOF, the undersigned have duly executed this Amendment
as of the date first set forth above.

                                    LINK ENERGY LIMITED PARTNERSHIP

                                    By:  LINK ENERGY GENERAL PARTNER LLC, its
                                         General Partner

                                    By:_______________________________
                                       Name:   James R. Allred
                                       Title:  Vice President and Treasurer

                                    STANDARD CHARTERED TRADE SERVICES
                                    CORPORATION

                                    By:_______________________________
                                       Name:
                                       Title:

                                    By:_______________________________
                                       Name:
                                       Title:

ACKNOWLEDGED BY:

STANDARD CHARTERED BANK,
  as Collateral Agent

By:_______________________________
Name:
Title:

                                       4<PAGE>
                                                                    EXHIBIT 10.9

                                                                  EXECUTION COPY

LINK ENERGY LIMITED PARTNERSHIP
P.O. BOX 4666
Houston, Taxes 77210-466
www.linkenergy.com

                               February 24, 2004

Standard Chartered Trade Services Corporation
One Madison Avenue
New York, NY 10010-3603

         Re:      Extensions

Gentlemen:

         Link Energy Limited Partnership ("Link") hereby notifies Standard
Chartered Trade Services Corporation ("SCTSC") of its intent to extend the
following agreements:

         1.       Second Amended and Restated Commodities Repurchase Agreement,
dated as of February 11, 2003 (as amended, supplemented, restated or otherwise
modified from time to time, the "Crude Oil Purchase Agreement"); and

         2.       Second Amended and Restated Receivables Purchase Agreement,
dated as of February 11, 2003 (as amended, supplemented, restated or otherwise
modified from time to time, the "Receivables Purchase Agreement").

         The Crude Oil Purchase Agreement and Receivables Purchase Agreement are
hereby referred to collectively as the "Agreements."

         Link hereby elects to extend the Agreements from the First Extension
Date, as defined in the Agreements, to June 1, 2004. Additionally, Link agrees
to pay to SCTSC the applicable extension fees of $437,500, as agreed between the
parties and execute all necessary documents to effectuate the extensions.

         Please evidence your acceptance of Link election to extend the
Agreements by signing on behalf of SCTSC in the space provided and providing a
signed copy of the letter to Link for its files.

<PAGE>

Standard Chartered Trade Services Corporation
February 24, 2004
Page 2

         Should you have any questions, please contact me.

                                 Very truly yours,

                                 Link Energy Limited Partnership
                                 By:  Link Energy LLC, its duly authorized agent

                                 by: ___________________________________________
                                             James R. Allred
                                             Vice President and Treasurer

Agreed to and Accepted
this _____ day of __________ , 2004, by:

Standard Chartered Trade Services Corporation

By: ___________________________________
Name: _________________________________
Title: ________________________________

By: ___________________________________
Name: _________________________________
Title: ________________________________<PAGE>
                                                                   EXHIBIT 10.16

                      EMPLOYEE CHANGE IN CONTROL AGREEMENT

      This Change in Control Agreement ("Agreement") is entered into between
LINK ENERGY LLC, a Delaware Limited Liability Company, having offices at 2000 W.
Sam Houston Parkway S., Suite 400, Houston, Texas 77042 (the "Employer" and the
"Company"), and Name, an individual currently residing at Address (the
"Employee"), to be effective as of January 1, 2004 (the "Effective Date").

                                   WITNESSETH:

      WHEREAS, the Board of Directors of the Company (the "Board"), has
determined that it is in the best interests of the Company and its shareholders
to assure that the Company will have the continued dedication of the Employee,
notwithstanding the possibility, threat or occurrence of a Change in Control (as
defined below) of the Company; and

      WHEREAS, the Board believes it is imperative to diminish the inevitable
distraction of the Employee by virtue of the personal uncertainties and risks
created by a pending or threatened Change in Control and to encourage the
Employee's full attention and dedication to the Company currently and in the
event of any threatened or pending Change in Control, and to provide the
Employee with compensation and benefits arrangements upon a Change in Control
which ensure that the compensation and benefits expectations of the Employee
will be satisfied and which are competitive with those of other corporations.

      NOW, THEREFORE, in consideration of the mutual promises, covenants, and
obligations contained herein, the Employer and the Employee agree as follows:

                                   ARTICLE 1:
                                   DEFINITIONS

      1.1 Affiliates. "Affiliates" or "Affiliated" means an entity who directly,
or indirectly through one or more intermediaries, controls, is controlled by, or
is under common control with the Employer.

      1.2 Base Salary. "Base Salary" for any Employee means the greater of the
base salary in effect as of (i) the effective date of the Change in Control or
(ii) the date of the Change in Control Termination.

      1.3 Cause. The term "Cause" shall mean (a) the Employee's gross negligence
or willful misconduct in the performance of the Employee's duties and services,
(b) the Employee's commission of a felony or final conviction of a misdemeanor
involving moral turpitude, or (c) the Employee's material breach of Article 4 or
Article 5 of this Agreement which remains uncorrected for 30 days following
written notice to the Employee by the Employer of such breach.

      1.4 Change in Control. A "Change in Control" of the Company shall be
deemed to have occurred upon the first of the following events:

<PAGE>

            (a) the Company merges, consolidates, is acquired by or taken over
      by, or enters into a share or unit exchange with any other entity (other
      than one of the Company's majority owned subsidiaries) and is not the
      surviving entity (or survives only as the subsidiary of another entity),

            (b) the Company sells all or substantially all of its assets to any
      other person or entity in one transaction or a series of transactions
      (other than (i) a sale of equity interests in the Company or (ii) a sale
      of assets to another majority owned subsidiary of the Company and in
      connection therewith the Employee becomes employed by such subsidiary, the
      Company or a partnership in which the Company is the general partner),

            (c) the Company is dissolved or the unit holders of the Company
      approve any plan or proposal for the liquidation or dissolution of the
      Company,

            (d) any person or entity together with its affiliates, other than a
      person or entity that, as of December 31, 2003, directly or indirectly
      owns at least 15% of the outstanding units of the Company, becomes,
      directly or indirectly, the beneficial owner of greater than 50% of the
      voting securities of the Company (except as the result of a distribution
      of the voting stock of the Company to its unit holders), or

            (e) during such time as the Company has a class of voting securities
      registered under the Securities Exchange Act of 1934, the individuals who
      constituted the members of the Company's Board of Directors ("Incumbent
      Board") upon the effective date of such registration cease for any reason
      to constitute at least a majority thereof, provided that any person
      becoming a director whose election or nomination for election by Company
      stockholders was approved by a vote of at least two thirds of the
      directors comprising the Incumbent Board (either by a specific vote or by
      approval of the proxy statement of the Company in which such person is
      named as a nominee for director, without objection to such nomination)
      shall be, for purposes of this clause (e), considered as though such
      person were a member of the Incumbent Board.

      1.5 Change in Control Termination. A "Change in Control Termination" shall
mean the termination of the Employee's employment with the Employer, within a
one-year period commencing on the effective date of a Change in Control, due to
an Involuntary Termination or a Termination for Good Reason.

      1.6 Disability. "Disability" means the Employee's permanent and total
disability as defined in the Employer-sponsored long-term disability plan
applicable to the Employee.

      1.7 Termination for Good Reason. "Termination for Good Reason" after a
Change in Control shall occur upon the termination of employment by the Employee
within ninety days following one or more of the following events:

            (a) a substantial and/or material reduction in the nature or scope
      of the Employee's duties and/or responsibilities as such duties are
      constituted as of the effective date of the Change in Control, provided
      that the reduction is not agreed to by the Employee and provided further
      that the reduction remains in place and uncorrected for 30 days following
      written notice of such breach to the Employer by the Employee,

                                       -2-
<PAGE>

            (b) a reduction in the Employee's base pay or an exclusion from a
      benefit plan or program (except as part of a general cutback for all
      similarly situated employees), or

            (c) a change in the location for the primary performance of the
      Employee's services from the city in which the Employee was serving at the
      time of the Change in Control to a city which is more than 100 miles away
      from such location, provided that the change is not approved by the
      Employee.

      1.8 Involuntary Termination. An "Involuntary Termination" after a Change
in Control means an involuntary termination of employment of the Employee by the
Company. Notwithstanding the foregoing, "Involuntary Termination" shall not
include termination of the Employee's employment by reason of death, Disability
or Cause.

      1.9 Waiver and Release Agreement. The legal document in which an Employee,
in exchange for benefits under this Agreement, releases the Company, the
Affiliates, their directors, officers, employees and agents, their employee
benefit plans and the fiduciaries and agents of said plans from liability and
damages in any way related to the Employee's employment with or separation from
the Company or any of its Affiliates.

                                   ARTICLE 2:
                             EFFECTIVE DATE AND TERM

      2.1 Term. This Agreement shall become effective on the Effective Date and
shall expire on the second anniversary of such Effective Date unless a Change in
Control occurs during the term of this Agreement, in which case this Agreement
shall be deemed to be extended to and including the first anniversary of the
effective date of such Change in Control. This Agreement shall be immediately
terminated and the Employee shall have no right to the payment of any benefit
under this Agreement, in the event that the Employee's employment with the
Employer and its Affiliates is terminated for any reason prior to the occurrence
of a Change in Control.

                                   ARTICLE 3:
              BENEFITS PAYABLE UPON A CHANGE IN CONTROL TERMINATION

      3.1 Severance Payments. Upon a Change in Control Termination, the Employee
shall be entitled to a lump-sum cash payment equal to one year's Base Salary,
which shall be payable within 30 days after the termination date. The payments
described in the preceding sentence are contingent upon the Employee's
compliance with the terms of Article 4 and 5 of this Agreement and the
Employee's execution of the Waiver and Release Agreement, without revocation.

      3.2 No Other Severance Payments. By entering into this Agreement, the
Employee hereby agrees that no benefits shall be payable under the Link Energy
Severance Plan or any other severance plan or policy in the event of a Change in
Control Termination.

      3.3 Withholding. The Employer may withhold from any amounts payable under
this Agreement all federal, state, city, or other taxes as may be required by
law.

                                       -3-
<PAGE>
                                   ARTICLE 4:
               OWNERSHIP AND PROTECTION OF INFORMATION; COPYRIGHTS

      4.1 Employer Property. All information, ideas, concepts, improvements,
discoveries, and inventions, whether patentable or not, which are conceived,
made, developed or acquired by the Employee, individually or in conjunction with
others, during the Employee's employment by the Employer (whether during
business hours or otherwise and whether on the Employer's premises or otherwise)
which relate to the Employer's business, products or services (including,
without limitation, all such information relating to corporate opportunities,
research, financial and sales data, pricing and trading terms, evaluations,
opinions, interpretations, acquisition prospects, the identity of customers or
their requirements, the identity of key contacts within the customer's
organizations or within the organization of acquisition prospects, or marketing
and merchandising techniques, prospective names, and marks) shall be disclosed
to the Employer and are and shall be the sole and exclusive property of the
Employer. Moreover, all drawings, memoranda, notes, records, files,
correspondence, drawings, manuals, models, specifications, computer programs,
maps and all other writings or materials of any type embodying any of such
information, ideas, concepts, improvements, discoveries, and inventions are and
shall be the sole and exclusive property of the Employer. Upon termination, the
Employee shall promptly return all property of the Company to the Company,
including books, records, computer files, etc.

      4.2 Confidential Information. The Employee acknowledges that the business
of the Employer, and its Affiliates is highly competitive and that its
strategies, methods, books, records, and documents, its technical information
concerning its products, equipment, services, and processes, procurement
procedures and pricing techniques, the names of and other information (such as
credit and financial data) concerning its customers and business affiliates, all
comprise confidential business information and trade secrets which are valuable,
special, and unique assets which the Employer, or its Affiliates use in its
business to obtain a competitive advantage over its competitors. The Employee
further acknowledges that protection of such confidential business information
and trade secrets against unauthorized disclosure and use is of critical
importance to the Employer, and its Affiliates in maintaining its competitive
position. The Employee acknowledges that under this Agreement, the Employee is
being given access to the Employer's confidential business information and trade
secrets, and Employee hereby agrees that the Employee will not, at any time
during or after his or her employment by the Employer, make any unauthorized
disclosure of any confidential business information or trade secrets of the
Employer, or its Affiliates, or make any use thereof, except in the carrying out
of his or her employment responsibilities hereunder, or as may be required by
law. The Company and its Affiliates shall be third party beneficiaries of the
Employee's obligations under this Section. As a result of the Employee's
employment by the Employer, the Employee may also from time to time have access
to, or knowledge of, confidential business information or trade secrets of third
parties, such as customers, suppliers, partners, joint venturers, and the like,
of the Employer, and its Affiliates. The Employee also agrees to preserve and
protect the confidentiality of such third party confidential information and
trade secrets to the same extent, and on the same basis, as the Employer's
confidential business information and trade secrets. The Employee acknowledges
that money damages would not be a sufficient remedy for any breach of this
Article 4 by the Employee, and the Employer shall be entitled to enforce the
provisions of this Article 4 to

                                       -4-
<PAGE>
specific performance and injunctive relief as remedies for such breach or any
threatened breach. Such remedies shall not be deemed the exclusive remedies for
a breach of this Article 5, but shall be in addition to all remedies available
at law or in equity to the Employer, including the recovery of damages from the
Employee and his or her agents involved in such breach.

                                   ARTICLE 5:
                   POST-EMPLOYMENT NON-COMPETITION OBLIGATIONS

      5.1 Non-Competition. The Employee agrees that, for a period of 6 (six)
months commencing on his or her Change in Control Termination, the Employee will
not, directly or indirectly for the Employee or for others, in any geographic
area or market where the Employer or any of its Affiliated companies are
conducting any business as of the date of termination of the employment
relationship or have during the previous 12 months conducted any business:

      (i)   engage in any business competitive with the business conducted by
            the Employer or its Affiliates,

      (ii)  render advice or services to, or otherwise assist, any other person,
            association, or entity who is engaged, directly or indirectly, in
            any business competitive with the business conducted by the Employer
            or its Affiliates, or

      (iii) induce any employee of the Employer or any of its Affiliates to
            terminate his or her employment with the Employer or its Affiliates,
            or hire or assist in the hiring of any such employee by person,
            association, or entity not Affiliated with the Employer or its
            Affiliates.

      5.2 Consideration. The Employee acknowledges that he or she will derive
significant value from the Employer's agreement in Article 4 to provide the
Employee with that confidential information to enable the Employee to optimize
the performance of the Employee's duties to Employer. The Employee further
acknowledges that his or her fulfillment of the obligations contained in this
Agreement, including, but not limited to, the Employee's obligation neither to
disclose nor to use the Employer's confidential information other than for the
Employer's exclusive benefit and the Employee's obligation not to compete
contained in Section 5.1 above, is necessary to protect the Employer's
confidential information and, consequently, to preserve the value and goodwill
of the Employer.

      5.3 Enforcement. The Employee acknowledges that money damages would not be
sufficient remedy for any breach of this Article 5 by the Employee, and the
Employer shall be entitled to enforce the provisions of this Article 5 by
terminating any payments then owed to the Employee under this Agreement and/or
to specific performance and injunctive relief as remedies for such breach or any
threatened breach. Such remedies shall not be deemed the exclusive remedies for
a breach of this Article 5, but shall be in addition to all remedies available
at law or in equity to the Employer, including, without limitation, the recovery
of damages from the Employee and his or her agents involved in such breach.

                                       -5-
<PAGE>

      5.4 Reformation. It is expressly understood and agreed that the Employer
and the Employee consider the restrictions contained in this Article 5 to be
reasonable and necessary to protect the proprietary information of the Employer.
Nevertheless, if any of the aforesaid restrictions are found by a court having
jurisdiction to be unreasonable, or overly broad as to geographic area or time,
or otherwise unenforceable, the parties intend for the restrictions therein set
forth to be modified by such courts so as to be reasonable and enforceable and,
as so modified by the court, to be fully enforced.

                                   ARTICLE 6:
                                  MISCELLANEOUS

      6.1 Notices. For purposes of this Agreement, notices and all other
communications provided for herein shall be in writing and shall be deemed to
have been duly given when personally delivered or when mailed by United States
registered or certified mail, return receipt requested, postage prepaid,
addressed as follows:

         If to the Employer, to:

                           Link Energy LLC
                           P.O. Box 4666
                           Houston, Texas 77210-4666
                           Attention: VICE PRESIDENT HUMAN RESOURCES

         If to the Employee, to:

                           NAME
                           ADDRESS

Either the Employer or the Employee may furnish a change of address to the other
in writing in accordance herewith, except that notices of changes of address
shall be effective only upon receipt.

      6.2 Conflict of Laws. This Agreement shall be governed in all respects by
the laws of the State of Texas, excluding any conflict-of-law rule or principle
that might refer the construction of the Agreement to the laws of another state
or country.

      6.3 No Waiver. No failure by either party hereto at any time to give
notice of any breach by the other party of, or to require compliance with, any
condition or provision of this Agreement shall be deemed a waiver of similar or
dissimilar provisions or conditions at the same or at any prior or subsequent
time.

      6.4 Arbitration. If a dispute arises out of or related to this Agreement,
other than a dispute regarding the Employee's obligations under Section 4.2 or
Section 5.1, and if the dispute cannot be settled through direct discussions,
then the Employer and the Employee agree to first endeavor to settle the dispute
in an amicable manner by mediation, before having recourse to any other
proceeding or forum. The Employer shall pay all costs of such mediation and
binding

                                       -6-
<PAGE>
arbitration, exclusive of the Employee's legal fees. Thereafter, the matter
shall be submitted to binding arbitration as follows:

      ANY DISPUTE, CLAIM, OR CONTROVERSY ARISING OUT OF OR RELATED IN ANY WAY TO
      THIS AGREEMENT, INCLUDING BUT NOT LIMITED TO ITS ENFORCEABILITY, VALIDITY,
      OR INTERPRETATION, OR RELATED IN ANY WAY TO THE EMPLOYEE'S EMPLOYMENT WITH
      THE EMPLOYER THAT IS NOT FIRST RESOLVED BY AGREEMENT OR MEDIATION AS
      PROVIDED ABOVE, SHALL BE SUBMITTED TO AND RESOLVED BY BINDING ARBITRATION
      WITH THE AMERICAN ARBITRATION ASSOCIATION ("AAA") IN HOUSTON, TEXAS, IN
      ACCORDANCE WITH THE AAA'S APPLICABLE RULES TO THE RESOLUTION OF EMPLOYMENT
      DISPUTES. JUDGMENT UPON THE AWARD RENDERED BY THE ARBITRATOR(S) MAY BE
      ENTERED IN ANY COURT HAVING JURISDICTION. IT IS SPECIFICALLY AGREED THAT
      THE ARBITRATION PROVISION SHALL BE BINDING ON THE EMPLOYEE'S HEIRS,
      ADMINISTRATORS, AND PERSONAL REPRESENTATIVES. THE PARAGRAPH SHALL BE
      GOVERNED BY THE FEDERAL ARBITRATION ACT. NOTHING CONTAINED IN THE
      AGREEMENT SHALL PREVENT THE EMPLOYER FROM SEEKING INJUNCTIVE RELIEF
      AGAINST THE EMPLOYEE FOR VIOLATION OF ANY AGREEMENT PERTAINING TO
      NON-COMPETITION, TRADE SECRETS, OR CONFIDENTIALITY.

      6.5 Severability. It is a desire and intent of the parties that the terms,
provisions, covenants, and remedies contained in this Agreement shall be
enforceable to the fullest extent permitted by law. If any such term, provision,
covenant, or remedy of this Agreement or the application thereof to any person,
association, or entity or circumstances shall, to any extent, be construed to be
invalid or unenforceable in whole or in part, then such term, provision,
covenant, or remedy shall be construed in a manner so as to permit its
enforceability under the applicable law to the fullest extent permitted by law.
In any case, the remaining provisions of this Agreement or the application
thereof to any person, association, or entity or circumstances other than those
to which they have been held invalid or unenforceable, shall remain in full
force and effect.

      6.6 Binding Effect. This Agreement shall be binding upon and inure to the
benefit of the Employer and any other person, association, or entity which may
hereafter acquire or succeed to all or substantially all of the business or
assets of the Employer by any means whether direct or indirect, by purchase,
merger, consolidation, or otherwise. The Employer may assign this Agreement to
any Affiliate or any other entity of Link Energy LLC. The Employee's rights and
obligations under this Agreement hereof are personal and such rights, benefits,
and obligations of the Employee shall not be voluntarily or involuntarily
assigned, alienated, or transferred, whether by operation of law or otherwise,
without the prior written consent of the Employer.

      6.7 Entire Agreement. Except as provided in the Employer's Code of Ethics
policy, the written benefit plans and programs and agreements of the Employer or
any signed written agreement contemporaneously or hereafter executed by the
Company and the Employee, this

                                       -7-
<PAGE>
Agreement constitutes the entire agreement of the parties with regard to the
subject matter hereof, and contains all the covenants, promises,
representations, warranties and agreements between the parties with respect to
employment of the Employee by the Company. Without limiting the scope of the
preceding sentence, all prior understandings and agreements of the parties
hereto relating to the subject matter hereof are hereby null and void and of no
further force and effect.

      6.8 Parachute Payments.

            (a) Notwithstanding anything to the contrary in this Agreement, the
      provisions of this Section 6.8 shall apply in the event that any payment
      or distribution (whether paid or payable, or distributed or distributable,
      pursuant to the terms of this Agreement or otherwise, but determined
      without regard to any reductions in payments required under this Section
      6.8 (a "Payment")) to the Employee would constitute a "parachute payment"
      within the meaning of Code Section 280G; this Section 6.8 shall not be
      applicable if no such Payment to the Employee constitutes a parachute
      payment under Code Section 280G.

            (b) In the event that a nationally recognized accounting firm chosen
      by the Company (the "Accounting Firm") shall determine that receipt of all
      Payments would subject the Employee to the excise tax imposed by Code
      Section 4999, then the aggregate present value of all Payments shall be
      reduced (but not below zero) such that such aggregate present value of
      Payments equals the Reduced Amount. If the Accounting Firm determines that
      some amount of Payments would result in a Reduced Amount, the Company
      shall promptly notify the Employee of the Accounting Firm's decision and
      further provide a copy of the detailed computations, and the Employee
      shall be entitled solely to the Reduced Amount. The Employee may then
      elect which of the Payments shall be eliminated or reduced (as long as
      after such election the present value, as determined in accordance with
      Code Section 280G(d)(4) ("Present Value"), of the aggregate Payments
      equals the Reduced Amount). The Employee shall advise the Company in
      writing of such election within 20 days of his receipt of notice. If no
      such election is made by the Employee within the 20-day period, the
      Company may elect which of such Payments shall be eliminated or reduced
      (as long as after such election the Present Value of the aggregate
      Payments equals the Reduced Amount) and shall promptly notify the Employee
      of such election. All fees and expenses of the Accounting Firm shall be
      borne solely by the Company.

            (c) The "Reduced Amount" shall be an amount expressed in present
      value which maximizes the aggregate present value of Payments without
      causing any Payment to be nondeductible by the Company because of Code
      Section 280G or subject to an excise tax on the Employee under Code
      Section 4999. For purposes of this Section 6.8, Present Value shall be
      determined in accordance with Code Section 280G(d)(4).

      6.9 Amendments. Any modification of this Agreement will be effective only
if it is in writing and signed by each party whose rights hereunder are affected
thereby, provided that any such modification must be authorized or approved by
the Board of Directors of the Employer.

                                       -8-
<PAGE>
      6.10 No Duty to Mitigate. The Employee shall not be under any duty or
obligation to seek or accept other employment following a Change in Control
Termination and the amounts due the Employee hereunder shall not be reduced or
suspended if the Employee accepts subsequent employment.

      6.11 Scope of Rights. The Employee's rights under this Article 3 are the
Employee's sole and exclusive rights against the Employer, or its Affiliates,
and the Employer's sole and exclusive liability to the Employee under this
Agreement, in contract, tort, or otherwise, for any Change in Control
Termination of the employment relationship. The Employee, to the extent
permitted by law, covenants not to sue or lodge any claim, demand or cause of
action against the Employer for any sums for any Change in Control Termination
other than those sums specified in Article 3.

      6.12 Continuing Obligations. Termination (including expiration of the
Term) of the employment relationship does not terminate those obligations
imposed by Articles 4 and 5 of this Agreement, which are continuing obligations.

         IN WITNESS WHEREOF, the Employer and the Employee have duly executed
this Agreement in multiple originals to be effective on the date first stated
above.

                                          LINK ENERGY LLC

                                          By:
                                              ----------------------------------
                                              Name:
                                                    ----------------------------
                                              Title:
                                                     ---------------------------

                                          This       day of               , 2003
                                               -----        --------------

                                          NAME

                                          --------------------------------------

                                          This       day of               , 2003
                                               -----        --------------

                                      -9-

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