Document:

Exhibit 10.9.1

 

Execution Copy

 

Amendment No. 1 to

Northern Border Pipeline Company Operating
Agreement

 

This
Amendment No. 1 to the Northern Border Pipeline Company Operating
Agreement, effective as of April 22, 2008 (“Amendment No. 1”),  is entered into by and between Northern Border Pipeline
Company, a Texas general partnership (“Partnership”), and TransCanada Northern
Border Inc., a Delaware corporation (“Operator”).

 

RECITALS

 

WHEREAS,
the Partnership and TransCan Northwest Border Ltd. entered into the Northern
Border Pipeline Company Operating Agreement dated April 6, 2006 (“Existing
Agreement”), to provide for the operations of the Partnership; and

 

WHEREAS,
TransCan Northwest Border Ltd. changed its name to TransCanada Northern Border
Inc. on March 13, 2007; and

 

WHEREAS,
the Partnership and the Operator have agreed to amend a provision of the Existing
Agreement;

 

NOW,
THEREFORE, in consideration of the representations, covenants and premises
hereinafter set forth the parties agree as follows:

 

Section 1.1            Definitions.  Capitalized terms not
otherwise defined herein shall have the meanings ascribed to such terms in the
Agreement.

 

Section 2.1            Amendments.  Effective as of the date
first above written, Section 5.2 of the Existing Agreement shall be superseded
and replaced in its entirety with the following:

 

“5.2  Budgets

 

On
or before each November 1, Operator shall prepare and submit for approval
of the Management Committee a final budget including estimated capital
expenditures and operating income and expenses. 
Except as the Management Committee may otherwise direct, the budget
approved by the Partnership and then in effect shall constitute authorization of
Operator to incur the expenditures contained in such budget.  The budget approved by the Partnership shall
be adequate for Operator to meet its current responsibilities under this
Agreement, including the performance standard set out in Section 2.2(a).”

 

 

Section 3.1            Miscellaneous.

 

(a)                                  Governing Law.

This Amendment No. 1 shall be construed
and interpreted under the laws of the State of Texas.

(b)                                 Successors and Assigns.

This Amendment No. 1 shall be binding
upon and inure to the benefit of the parties signatory hereto and their
respective successors and assigns.

(c)                                  Counterparts.

This Amendment No. 1 may be executed in
any number of counterparts, all of which together shall constitute one
agreement binding on the parties hereto.

(d)                                 Continuation of Agreement.

The Existing Agreement, as amended by this
Amendment No. 1, shall continue in full force and effect from and after
the date hereof.    The term “Agreement”
used in the Existing Agreement shall for all purposes therein refer to the
Existing Agreement as amended by this Amendment No. 1.

 

IN WITNESS WHEREOF, the parties have executed
this Amendment No. 1 as of the day and year first written above.

 

 

	
  TRANSCANADA NORTHERN BORDER INC.

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
  /s/ Paul F. Miller

  	
   

  
	
  Name: 

  	
  Paul F. Miller

  	
   

  
	
  Title:

  	
  Vice President and General Manager

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
  /s/ Patricia M. Wiederholt

  	
   

  
	
  Name: 

  	
  Patricia M. Wiederholt

  	
   

  
	
  Title:

  	
  Principal Financial Officer and Controller

  	
   

  

 

 

	
  NORTHERN BORDER PIPELINE COMPANY

  	
   

  
	
  a Texas general partnership

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
  ONEOK PARTNERS INTERMEDIATE LIMITED
  PARTNERSHIP, 

  
	
   

  	
  General Partner

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:  ONEOK
  ILP GP, L.L.C., its General Partner

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Curtis Dinan

  	
   

  
	
   

  	
  Name:

  	
  Curtis Dinan

  	
   

  
	
   

  	
  Title:

  	
  Senior Vice President and Chief Financial
  Officer

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
  TC PIPELINES INTERMEDIATE LIMITED
  PARTNERSHIP,

  
	
   

  	
  General Partner

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By: TC PipeLines GP, Inc., its General
  Partner

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Mark Zimmerman

  	
   

  
	
   

  	
  Name:

  	
   Mark
  Zimmerman

  	
   

  
	
   

  	
  Title:

  	
  President

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Donald J. DeGrandis

  	
   

  
	
   

  	
  Name:

  	
   Donald J. DeGrandis

  	
   

  
	
   

  	
  Title:

  	
  SecretaryExhibit 10.10.1

 

FIRST AMENDMENT TO OPERATING AGREEMENT

 

THIS FIRST AMENDMENT TO OPERATING AGREEMENT
(the “Amendment”) is entered into this 21st day of June, 2007 by and between TUSCARORA GAS TRANSMISSION COMPANY, a Nevada general
partnership, (“Partnership”) and TRANSCANADA NORTHERN
BORDER INC.  (formerly TRANSCAN NORTHWEST BORDER LTD.), a Delaware corporation (“Operator”).

 

Capitalized terms used herein but not
otherwise defined herein shall have the meaning given such terms in the
Agreement (as defined below).

 

RECITALS:

 

WHEREAS, Partnership and Operator entered
into that certain Operating Agreement dated as of December 19, 2006 (the “Agreement”)
pursuant to which, Operator agreed to operate the Tuscarora Pipeline on the
terms and conditions set forth therein;

 

WHEREAS, Operator changed its name from “TransCan
Northwest Border Ltd.” to “TransCanada Northern Border Inc.” on March 14,
2007; and

 

WHEREAS, Partnership and Operator now desire
to amend the Agreement to extend the term of the Agreement;

 

NOW, THEREFORE, for and in consideration of
the following and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Parties, intending to be
legally bound, hereby agree as follows:

 

1.             Section 9.01
of the Agreement is hereby amended by deleting the date “June 30, 2007”
that appears in such section and substituting in place thereof the date “December 31,
2007.”

 

2.             Except
as and to the extent expressly modified by this Amendment, the Agreement shall
remain in full force and effect in accordance with the terms and provisions
thereof, and the execution, delivery and effectiveness of this Amendment shall
not operate as a release or waiver of any other right, power or remedy of the
Parties to the Agreement, nor constitute a release or waiver of any other
provision of the Agreement.

 

3.             This
Amendment may be executed in two or more counterparts, each of which shall be
deemed to be an original copy of this Amendment, and all of which, when taken
together, shall be deemed to constitute one and the same agreement.  The Parties may sign and deliver this
Amendment by facsimile transmission. 
Each Party agrees that the delivery of this Amendment by facsimile shall
have the same force and effect as delivery of original signatures, and that
each Party may use such facsimile as evidence of the execution and delivery of
this Amendment by all Parties to the same extent that an original signature
could be used.

 

 

4.             This
Amendment shall be governed by and construed and enforced in accordance with
the laws of the State of New York, without regard to its conflict of laws rules or
principles.

 

IN WITNESS WHEREOF, the Parties hereto have
executed this Amendment as of the date first written above.

 

	
   

  	
  TUSCARORA GAS TRANSMISSION

  
	
   

  	
  COMPANY

  
	
   

  	
  by its Partners

  
	
   

  	
   

  	
   

  
	
   

  	
  Tuscarora Gas Pipeline Co.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Carolyn C. Barbash

  
	
   

  	
  Name: Carolyn C. Barbash

  
	
   

  	
  Title:  President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  TCPL Tuscarora Ltd.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Ron Cook

  
	
   

  	
  Name: Ron Cook

  
	
   

  	
  Title:  Vice President - Taxation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Donald J. DeGrandis

  
	
   

  	
  Name: Donald J. DeGrandis

  
	
   

  	
  Title:  Secretary

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  TC Tuscarora Intermediate Limited

  
	
   

  	
  Partnership, by its general partner, TC 

  
	
   

  	
  PipeLines GP, Inc.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Ron Cook

  
	
   

  	
  Name: Ron Cook

  
	
   

  	
  Title:  Vice President - Taxation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Donald J. DeGrandis

  
	
   

  	
  Name: Donald J. DeGrandis

  
	
   

  	
  Title:  Secretary

  

 

2

 

	
   

  	
  TRANSCANADA NORTHERN

  BORDER INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Ron Cook

  
	
   

  	
  Name: Ron Cook

  
	
   

  	
  Title:  Vice President - Taxation

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Donald J. DeGrandis

  
	
   

  	
  Name: Donald J. DeGrandis

  
	
   

  	
  Title:  Secretary

  

 

2Exhibit 10.10.2

 

SECOND AMENDMENT TO OPERATING AGREEMENT

 

THIS SECOND AMENDMENT TO OPERATING AGREEMENT
(the “Amendment”) is entered into as of the 31st day of December, 2007 by and
between TUSCARORA GAS TRANSMISSION COMPANY, a
Nevada general partnership, (“Partnership”) and TRANSCANADA
NORTHERN BORDER INC. (formerly TRANSCAN NORTHWEST BORDER
LTD.), a Delaware corporation (“Operator”).

 

Capitalized terms used herein but not
otherwise defined herein shall have the meaning given such terms in the
Agreement (as defined below).

 

RECITALS:

 

WHEREAS, Partnership and Operator entered
into that certain Operating Agreement dated as of December 19, 2006, as
amended by the First Amendment to Operating Agreement dated as of June 21,
2007 (collectively, the “Agreement”), pursuant to which Operator agreed to
operate the Tuscarora Pipeline on the terms and conditions set forth therein;
and

 

WHEREAS, Partnership and Operator now desire
to amend the Agreement to further extend the term of the Agreement;

 

NOW, THEREFORE, for and in consideration of
the following and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Parties, intending to be
legally bound, hereby agree as follows:

 

1.             Section 9.01
of the Agreement is hereby amended by deleting the date “December 31, 2007”
that appears in such section (as amended) and substituting in place thereof the
date “December 31, 2008.”

 

2.             Except
as and to the extent expressly modified by this Amendment, the Agreement shall
remain in full force and effect in accordance with the terms and provisions
thereof, and the execution, delivery and effectiveness of this Amendment shall
not operate as a release or waiver of any other right, power or remedy of the
Parties to the Agreement, nor constitute a release or waiver of any other
provision of the Agreement.

 

3.             This
Amendment may be executed in two or more counterparts, each of which shall be
deemed to be an original copy of this Amendment, and all of which, when taken together,
shall be deemed to constitute one and the same agreement.  The Parties may sign and delivery this
Amendment by facsimile transmission. 
Each Party agrees that the delivery of this Amendment by facsimile shall
have the same force and effect as delivery of original signatures, and that
each Party may use such facsimile as evidence of the execution and delivery of
this Amendment to all Parties to the same extent that an original signature
could be used.

 

 

4.             This
Amendment shall be governed by and construed and enforced in accordance with
the laws of the State of New York, without regard to its conflict of laws rules or
principles.

 

IN WITNESS WHEREOF, the Parties hereto have
executed this Amendment as the date first written above.

 

	
   

  	
  TUSCARORA GAS TRANSMISSION COMPANY, by its
  Partners

  
	
   

  	
   

  
	
   

  	
  TC Pipelines Tuscarora LLC

  
	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ 
  Terry Ofremchuk

  
	
   

  	
  Name:   
  Terry Ofremchuk

  
	
   

  	
  Title:     
  Vice President — Taxation

  
	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ 
  Mark A.P. Zimmerman

  
	
   

  	
  Name:   
  Mark A.P. Zimmerman

  
	
   

  	
  Title:     
  President

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  TC Tuscarora Intermediate Limited
  Partnership, by its general partner, TC PipeLines GP, Inc.

  
	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ 
  Donald J. DeGrandis

  
	
   

  	
  Name:   
  Donald J. DeGrandis

  
	
   

  	
  Title:     
  Secretary

  
	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ 
  Sean Brett

  
	
   

  	
  Name:   
  Sean Brett

  
	
   

  	
  Title:     
  Vice President and Treasurer

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  TRANSCANADA NORTHERN BORDER INC.

  
	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ 
  Donald J. DeGrandis

  
	
   

  	
  Name:   
  Donald J. DeGrandis

  
	
   

  	
  Title:     
  Secretary

  
	
   

  	
   

  
	
   

  	
  By: 

  	
  /s/ 
  Ron Cook

  
	
   

  	
  Name:   
  Ron Cook

  
	
   

  	
  Title:     
  Vice President -Taxation

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