Document:

EX-10.3

 Exhibit 10.3 
  

 
  

TERM LOAN AGREEMENT 

DATED AS OF AUGUST 2, 2012 

BY AND AMONG 
 ENOGEX
LLC, 
 THE LENDERS 

AND 
 JPMORGAN CHASE
BANK, N.A. 
 AS ADMINISTRATIVE AGENT 

WELLS FARGO BANK, NATIONAL ASSOCIATION 

AS DOCUMENTATION AGENT 

AND 
 UNION BANK, N.A.
AND U.S. BANK NATIONAL ASSOCIATION 
 AS CO-SYNDICATION AGENTS 

 
  

J.P. MORGAN SECURITIES LLC 

AS SOLE LEAD ARRANGER AND SOLE BOOKRUNNER 
  

 
  

 TABLE OF CONTENTS 
  

											
	 ARTICLE I DEFINITIONS
	  	 	1	  
		    	 	1.1	  	  	Certain Defined Terms.	  	 	1	  
		    	 	1.2	  	  	Other Definitions and Provisions.	  	 	18	  
		    	 	1.3	  	  	Rounding.	  	 	18	  
		    	 	1.4	  	  	References to Agreement and Laws.	  	 	18	  
		    	 	1.5	  	  	Times of Day	  	 	18	  
	  
 ARTICLE II THE
CREDITS
	  	 	18	  
		    	 	2.1	  	  	Commitment.	  	 	18	  
		    	 	2.2	  	  	Required Payments; Termination.	  	 	18	  
		    	 	2.3	  	  	Ratable Loans.	  	 	19	  
		    	 	2.4	  	  	Types of Advances.	  	 	19	  
		    	 	2.5	  	  	[Intentionally Omitted].	  	 	19	  
		    	 	2.6	  	  	Minimum Amount of Each Advance.	  	 	19	  
		    	 	2.7	  	  	Optional Principal Payments.	  	 	19	  
		    	 	2.8	  	  	Method of Selecting Types and Interest Periods for New Advances.	  	 	19	  
		    	 	2.9	  	  	Conversion and Continuation of Outstanding Advances.	  	 	20	  
		    	 	2.10	  	  	Changes in Interest Rate, etc.	  	 	20	  
		    	 	2.11	  	  	Rates Applicable After Default.	  	 	20	  
		    	 	2.12	  	  	Method of Payment.	  	 	21	  
		    	 	2.13	  	  	Noteless Agreement; Evidence of Indebtedness.	  	 	21	  
		    	 	2.14	  	  	Telephonic Notices.	  	 	21	  
		    	 	2.15	  	  	Interest Payment Dates; Interest and Fee Basis.	  	 	22	  
		    	 	2.16	  	  	Notification of Advances, Interest Rates and Prepayments.	  	 	22	  
		    	 	2.17	  	  	Lending Installations.	  	 	22	  
		    	 	2.18	  	  	Non-Receipt of Funds by the Agent.	  	 	22	  
		    	 	2.19	  	  	Replacement of Lender.	  	 	22	  
		    	 	2.20	  	  	[Intentionally Omitted].	  	 	23	  
		    	 	2.21	  	  	[Intentionally Omitted].	  	 	23	  
		    	 	2.22	  	  	[Intentionally Omitted].	  	 	23	  
		    	 	2.23	  	  	[Intentionally Omitted].	  	 	23	  
		    	 	2.24	  	  	Defaulting Lenders.	  	 	24	  
		    	 	2.25	  	  	Obligations of Lenders.	  	 	25	  
	  
 ARTICLE III YIELD
PROTECTION; TAXES
	  	 	25	  
		    	 	3.1	  	  	Yield Protection.	  	 	25	  
		    	 	3.2	  	  	Changed Circumstances Affecting LIBOR Rate Availability.	  	 	26	  
		    	 	3.3	  	  	Laws Affecting LIBOR Rate Availability.	  	 	27	  
		    	 	3.4	  	  	Funding Indemnification.	  	 	27	  
		    	 	3.5	  	  	Taxes.	  	 	28	  
		    	 	3.6	  	  	Lender Statements; Survival of Indemnity.	  	 	31	  
		    	 	3.7	  	  	Alternative Lending Installation.	  	 	31	  
	  
 ARTICLE IV
CONDITIONS PRECEDENT
	  	 	31	  
		    	 	4.1	  	  	Credit Extension.	  	 	31	  
	  
 ARTICLE V
REPRESENTATIONS AND WARRANTIES
	  	 	33	  
		    	 	5.1	  	  	Existence and Standing.	  	 	33	  

  
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		    	5.2	  	Authorization and Validity.	  	 	33	  
		    	5.3	  	No Conflict; Government Consent.	  	 	33	  
		    	5.4	  	Financial Statements.	  	 	34	  
		    	5.5	  	Material Adverse Change.	  	 	34	  
		    	5.6	  	OFAC.	  	 	34	  
		    	5.7	  	Litigation.	  	 	34	  
		    	5.8	  	Subsidiaries.	  	 	34	  
		    	5.9	  	Margin Stock.	  	 	34	  
		    	5.10	  	[Intentionally Omitted].	  	 	34	  
		    	5.11	  	Investment Company Act.	  	 	34	  
	  
 ARTICLE VI
COVENANTS
	  	 	34	  
		    	6.1	  	Financial Reporting.	  	 	35	  
		    	6.2	  	Use of Proceeds.	  	 	36	  
		    	6.3	  	Notice of Default.	  	 	36	  
		    	6.4	  	Maintenance of Existence.	  	 	36	  
		    	6.5	  	Taxes.	  	 	37	  
		    	6.6	  	Insurance.	  	 	37	  
		    	6.7	  	Compliance with Laws.	  	 	37	  
		    	6.8	  	Maintenance of Properties.	  	 	37	  
		    	6.9	  	Inspection; Keeping of Books and Records.	  	 	37	  
		    	6.10	  	Fundamental Changes.	  	 	37	  
		    	6.11	  	Indebtedness.	  	 	38	  
		    	6.12	  	Liens.	  	 	39	  
		    	6.13	  	Affiliates.	  	 	42	  
		    	6.14	  	Consolidated Leverage Ratio.	  	 	42	  
		    	6.15	  	Excluded Subsidiaries.	  	 	42	  
		    	6.16	  	Restricted Payments.	  	 	43	  
		    	6.17	  	Nature of Business.	  	 	43	  
	  
 ARTICLE VII
DEFAULTS
	  	 	43	  
	  
 ARTICLE VIII
ACCELERATION, WAIVERS, AMENDMENTS AND REMEDIES
	  	 	45	  
		    	8.1	  	Acceleration/Remedies.	  	 	45	  
		    	8.2	  	Amendments.	  	 	46	  
		    	8.3	  	Preservation of Rights.	  	 	46	  
	  
 ARTICLE IX GENERAL
PROVISIONS
	  	 	47	  
		    	9.1	  	Survival of Representations.	  	 	47	  
		    	9.2	  	Governmental Regulation.	  	 	47	  
		    	9.3	  	Headings.	  	 	47	  
		    	9.4	  	Entire Agreement.	  	 	47	  
		    	9.5	  	Several Obligations; Benefits of this Agreement.	  	 	47	  
		    	9.6	  	Expenses; Indemnification.	  	 	47	  
		    	9.7	  	Numbers of Documents.	  	 	48	  
		    	9.8	  	Accounting.	  	 	48	  
		    	9.9	  	Severability of Provisions.	  	 	48	  
		    	9.10	  	Nonliability; Waiver of Consequential Damages.	  	 	48	  
		    	9.11	  	Confidentiality.	  	 	49	  
		    	9.12	  	Lenders Not Utilizing Plan Assets.	  	 	50	  
		    	9.13	  	Nonreliance.	  	 	50	  

  
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		    	9.14	 	Disclosure.	  	 	50	  
		    	9.15	 	USA Patriot Act.	  	 	50	  
		    	9.16	 	Excluded Subsidiaries.	  	 	50	  
	  
 ARTICLE X THE
AGENT
	  	 	50	  
		    	10.1	 	Appointment and Authority.	  	 	50	  
		    	10.2	 	Rights as a Lender.	  	 	51	  
		    	10.3	 	Exculpatory Provisions.	  	 	51	  
		    	10.4	 	Reliance by the Agent.	  	 	51	  
		    	10.5	 	Delegation of Duties.	  	 	52	  
		    	10.6	 	Resignation of Agent.	  	 	52	  
		    	10.7	 	Non-Reliance on Agent and Other Lenders.	  	 	52	  
		    	10.8	 	No Other Duties, etc.	  	 	53	  
		    	10.9	 	[Intentionally Omitted].	  	 	53	  
		    	10.10	 	Agent’s Reimbursement and Indemnification.	  	 	53	  
		    	10.11	 	Agent May File Proofs of Claim.	  	 	53	  
	  
 ARTICLE XI
SETOFF; RATABLE PAYMENTS
	  	 	54	  
		    	11.1	 	Setoff.	  	 	54	  
		    	11.2	 	Ratable Payments.	  	 	54	  
	  
 ARTICLE XII
BENEFIT OF AGREEMENT; ASSIGNMENTS; PARTICIPATIONS
	  	 	55	  
		    	12.1	 	Successors and Assigns.	  	 	55	  
		    	12.2	 	Participations.	  	 	55	  
		    	12.3	 	Assignments.	  	 	56	  
		    	12.4	 	Dissemination of Information.	  	 	58	  
		    	12.5	 	Tax Certifications.	  	 	58	  
	  
 ARTICLE XIII
NOTICES
	  	 	59	  
		    	13.1	 	Notices.	  	 	59	  
		    	13.2	 	Change of Address.	  	 	59	  
	  
 ARTICLE XIV
COUNTERPARTS
	  	 	59	  
	  
 ARTICLE XV
CHOICE OF LAW, CONSENT TO JURISDICTION, WAIVER OF JURY TRIAL
	  	 	59	  
		    	15.1	 	CHOICE OF LAW.	  	 	59	  
		    	15.2	 	CONSENT TO JURISDICTION.	  	 	59	  
		    	15.3	 	WAIVER OF JURY TRIAL.	  	 	60	  

  
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	 SCHEDULES

			
	 Commitment Schedule
	 				  	
			
	 Pricing Schedule
	 				  	
			
	 Schedule 1
	 	 	—	  	  	Subsidiaries
			
	 Schedule 2
	 	 	—	  	  	Indebtedness
			
	 Schedule 3
	 	 	—	  	  	Material Adverse Change
			
	 Schedule 4
	 	 	—	  	  	Litigation
			
	 Schedule 5
	 	 	—	  	  	Liens
			
	 Schedule 6
	 	 	—	  	  	Affiliate Transactions
	
	 EXHIBITS

			
	 Exhibit A
	 	 	—	  	  	Form of Compliance Certificate
			
	 Exhibit B
	 	 	—	  	  	Form of Assignment and Assumption Agreement
			
	 Exhibit C
	 	 	—	  	  	Form of Promissory Note
			
	 Exhibit D
	 	 	—	  	  	[Intentionally Omitted]
			
	 Exhibit E-1
	 	 	—	  	  	Form of U.S. Tax Compliance Certificate (Lender; Not Partnership)
			
	 Exhibit E-2
	 	 	—	  	  	Form of U.S. Tax Compliance Certificate (Participant; Not Partnership)
			
	 Exhibit E-3
	 	 	—	  	  	Form of U.S. Tax Compliance Certificate (Participant; Partnership)
			
	 Exhibit E-4
	 	 	—	  	  	Form of U.S. Tax Compliance Certificate (Lender; Partnership)

  
 iv 

 TERM LOAN AGREEMENT 

This TERM LOAN AGREEMENT, dated as of August 2, 2012, is by and among ENOGEX LLC, a Delaware limited liability company (the
“Borrower”), the lenders from time to time party hereto (the “Lenders”), JPMORGAN CHASE BANK, N.A., as Agent for the Lenders, WELLS FARGO BANK, NATIONAL ASSOCIATION, as Documentation Agent, and UNION BANK, N.A. and
U.S. BANK NATIONAL ASSOCIATION, as Co-Syndication Agents. 
 PRELIMINARY STATEMENTS 

WHEREAS, the Borrower has requested, and, subject to the terms and conditions hereof, the Agent and the Lenders have agreed, to extend certain
term loans to the Borrower on the terms and conditions of this Agreement. 
 NOW, THEREFORE, for good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged by the parties hereto, such parties hereby agree as follows: 
 ARTICLE I

 DEFINITIONS 

1.1 Certain Defined Terms. As used in this Agreement:

“2008 Credit Agreement” means that certain Credit Agreement dated as of April 1, 2008 by and among the Borrower, the
lenders party thereto and Wells Fargo Bank, National Association, as agent. 
 “2011 Credit Agreement” means that certain
Credit Agreement dated as of December 13, 2011 by and among the Borrower, the lenders party thereto and Wells Fargo Bank, National Association, as agent. 

“Accounting Changes” is defined in the term “GAAP”. 

“Act” means the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)), as amended. 

“Advance” means a borrowing hereunder, (i) made in an aggregate amount equal to the Aggregate Commitment on the Closing
Date by all of the Lenders, or (ii) converted or continued by the Lenders on the same date of conversion or continuation, consisting, in either case, of the aggregate amount of the several Loans of the same Type and, in the case of Eurodollar
Loans, for the same Interest Period. 
 “Affiliate” of any Person means any other Person directly or indirectly
controlling, controlled by or under common control with such Person. A Person shall be deemed to control another Person if the controlling Person possesses, directly or indirectly, the power to direct or cause the direction of the management or
policies of the controlled Person, whether through ownership of stock, by contract or otherwise; provided that no Person shall be deemed to be an Affiliate of the Borrower or any of its Subsidiaries solely as a result of such Person being an
Affiliate of ArcLight Capital Partners, LLC or any of its Affiliates. 

 “Agent” means JPMCB in its capacity as contractual representative of the Lenders
pursuant to Article X, and not in its individual capacity as a Lender, and any successor Agent appointed pursuant to Article X. 

“Aggregate Commitment” means the aggregate of the Commitments of all the Lenders. The Aggregate Commitment is Two Hundred
Fifty Million and 00/100 Dollars ($250,000,000); it being acknowledged and agreed that the Aggregate Commitment shall be deemed satisfied and terminated immediately after the funding of the Advance in the amount thereof as set forth in
Section 2.1 and clause (i) of the definition of “Advance.” 
 “Aggregate Outstanding Credit Exposure”
means, at any time, the aggregate of the Outstanding Credit Exposure of all the Lenders. 
 “Agreement” means this Term
Loan Agreement. 
 “Agreement Accounting Principles” means GAAP applied in a manner consistent with that used in preparing
the financial statements referred to in Section 5.4, as may be modified in connection with any Accounting Changes. 

“Alternate Base Rate” means, for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such
day, (b) the Federal Funds Effective Rate in effect on such day plus  1⁄2 of 1% and (c) the LIBOR Rate for a one month Interest Period on such
day (or if such day is not a Business Day, the immediately preceding Business Day) plus 1%, provided that, for the avoidance of doubt, the LIBOR Rate for any day shall be based on the rate appearing on Reuters Screen LIBOR01 Page (or on any
successor or substitute page of such page) at approximately 11:00 a.m. London time on such day. Any change in the Alternate Base Rate due to a change in the Prime Rate, the Federal Funds Effective Rate or the LIBOR Rate shall be effective from and
including the effective date of such change in the Prime Rate, the Federal Funds Effective Rate or the LIBOR Rate, respectively. 

“Applicable Law” means all applicable provisions of constitutions, laws, statutes, ordinances, rules, treaties, regulations,
permits, licenses, approvals, interpretations and orders of Governmental Authorities. 
 “Applicable Margin” means, with
respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule. 

“Approved Fund” means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or
(c) an entity or an Affiliate of an entity that administers or manages a Lender. 
 “Arranger” means J.P. Morgan
Securities LLC, and its successors, in its capacity as Sole Lead Arranger and Sole Bookrunner. 
 “Assignment and Assumption
Agreement” means an assignment agreement in the form of Exhibit B. 
 “Authorized Officer” means any
of the president, chief financial officer, treasurer, an assistant treasurer or the controller of the Borrower or such other representative of the Borrower as may be designated by any one of the foregoing with the consent of the Agent. 

  
 2 

 “Board” means the Board of Governors of the Federal Reserve System of the United
States of America. 
 “Borrower” has the meaning assigned thereto in the introductory paragraph hereto. 

“Borrowing Notice” is defined in Section 2.8. 

“Business Day” means (a) for all purposes other than as set forth in clause (b) below, any day other than a
Saturday, Sunday or legal holiday on which banks in New York, New York, are open for the conduct of their commercial banking business, and (b) with respect to all notices and determinations in connection with, and payments of principal and
interest on, any Eurodollar Loan, or for purposes of determining the interest rate for any Floating Rate Loan as to which the interest rate is determined by reference to the Eurodollar Base Rate, any day that is a Business Day described in clause
(a) and that is also a day for trading by and between banks in Dollar deposits in the London interbank market. 
 “Capital
Stock” means (a) in the case of a corporation, all classes of capital stock of such corporation, (b) in the case of a partnership, partnership interests (whether general or limited), (c) in the case of a limited liability
company, membership interests and (d) any other interest or participation that confers on a Person similar rights with respect to the issuing Person. 

“Capitalized Lease” of a Person means any lease of Property by such Person as lessee which would be capitalized on a balance
sheet of such Person prepared in accordance with Agreement Accounting Principles. 
 “Capitalized Lease Obligations” of a
Person means the amount of the obligations of such Person under Capitalized Leases which would be shown as a liability on a balance sheet of such Person prepared in accordance with Agreement Accounting Principles. 

“Change in Control” means OGE and its Affiliates shall cease to own, directly or indirectly, at least 50% of the outstanding
Voting Stock of the Borrower in the aggregate. It is hereby acknowledged and agreed that the consummation of an IPO shall not be deemed to result in a “Change in Control” hereunder. 

“Change in Law” means the occurrence, after the date of this Agreement, of any of the following: (a) the adoption or
taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation, implementation or application thereof by any Governmental Authority or (c) the making or
issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided that notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall Street Reform and
Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel
Committee on Banking Supervision (or any successor or similar authority) or the United States or any applicable foreign regulatory authority, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”,
regardless of the date enacted, adopted or issued and shall be referred to herein as a “Specified Change”. 
 “Closing
Date” means August 2, 2012. 
 “Co-Syndication Agent” means each of Union Bank, N.A. and U.S. Bank National
Association, in its capacity as a Co-Syndication Agent hereunder. 

  
 3 

 “Code” means the Internal Revenue Code of 1986, as amended, reformed or
otherwise modified from time to time, and any rule or regulation issued thereunder. 
 “Commercial Operation Date” means
the date on which a Qualified Project is substantially complete and commercially operable. 
 “Commitment” means, for each
Lender, such Lender’s obligation to make Loans to the Borrower on the Closing Date in aggregate amount not exceeding the amount set forth on the Commitment Schedule opposite such Lender’s name, as modified from time to time pursuant to the
terms hereof; it being acknowledged that each such Commitment shall be deemed fully satisfied and terminated by the funding of the Advance in the amount thereof on the Closing Date as set forth in Section 2.1 and in clause (i) of the
definition of “Advance.” 
 “Commitment Schedule” means the Schedule identifying each Lender’s Commitment as
of the Closing Date attached hereto and identified as such. 
 “Consolidated EBITDA” means, as of any date of determination
for the four consecutive fiscal quarter period ending on such date, without duplication, with respect to the Borrower and its consolidated Subsidiaries (a) Consolidated Net Income for such period plus (b) without duplication, the sum of
the following to the extent deducted in calculating Consolidated Net Income for such period: (i) Consolidated Interest Expense for such period, (ii) tax expense (including any federal, state, local and foreign income and similar taxes) of
the Borrower and its Subsidiaries for such period, (iii) depreciation and amortization expense of the Borrower and its Subsidiaries for such period, (iv) amortization or write-off of debt discount and debt issuance costs and commissions,
discounts and other fees and charges associated with Indebtedness (including the Indebtedness hereunder) of the Borrower and its Subsidiaries for such period, (v) amortization of intangibles and organization costs of the Borrower and its
Subsidiaries for such period, (vi) any non-recurring non-cash expenses or losses of the Borrower and its Subsidiaries, including, in any event, non-cash asset write-downs and unrealized losses in connection with Swap Agreements, for such
period, (vii) Transaction Costs incurred by the Borrower and its Subsidiaries during such period in an aggregate amount (during all such periods) not to exceed $50,000,000 and (viii) any non-recurring cash losses during such period minus
(c) the sum of the following (i) any non-recurring cash or non-recurring non-cash gains during such period and (ii) any unrealized gains in connection with Swap Agreements for such period. Additionally, for purposes of calculating
Consolidated EBITDA for any period, if during such period the Borrower or any Subsidiary acquired (or sold) any Person (or any interest in any Person) or all or substantially all of the assets of any Person or a division, line of business or other
business unit of another Person, the Consolidated EBITDA attributable to such assets or an amount equal to the percentage of ownership of the Borrower or such Subsidiary, as the case may be, in such Person times the Consolidated EBITDA of such
Person for such period determined on a pro forma basis shall be included (or excluded, as applicable) as Consolidated EBITDA for such period as if such acquisition (or sale) occurred on the first day of such period. Further, in connection with any
Qualified Project, Consolidated EBITDA, as used in determining the Consolidated Leverage Ratio, may be modified so as to include Qualified Material Project EBITDA Adjustments as provided in Section 6.14.2. Notwithstanding the foregoing,
it is agreed that Consolidated EBITDA shall not include Excluded EBITDA. 
 “Consolidated Funded Indebtedness” means, as of
any date of determination, for the Borrower and its Subsidiaries on a consolidated basis, the sum of the following (without duplication): (a) all Indebtedness, including Capitalized Lease Obligations and Off Balance Sheet Indebtedness, which is
classified as “long-term indebtedness” on the consolidated balance sheet of the Borrower and its Subsidiaries prepared as of such date in accordance with GAAP and any current maturities and other principal amount in respect of such
Indebtedness due within one year but which was classified as “long-

  
 4 

 
term indebtedness” at the creation thereof, including, but not limited to, any applicable Consolidated Hedging Exposure; it being understood that Consolidated Hedging Exposure cannot be
negative for the purposes of determining Consolidated Funded Indebtedness, (b) Indebtedness for borrowed money of the Borrower and its Subsidiaries outstanding under a revolving credit (including the 2011 Credit Agreement) or similar agreement,
notwithstanding the fact that any such borrowing is made within one year of the expiration of such agreement, (c) all drawn and owing reimbursement obligations outstanding under Letters of Credit, bankers’ acceptances, bank guaranties,
surety bonds and similar instruments, (d) without duplication, all guarantees with respect to outstanding Indebtedness of the types specified in clauses (a) through (c) above of Persons other than the Borrower or any Subsidiary and
(e) all Indebtedness of the types referred to in clauses (a) through (c) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which the Borrower or a
Subsidiary is a general partner or joint venturer, unless such Indebtedness is expressly made non-recourse to the Borrower or such Subsidiary. Notwithstanding the foregoing, it is agreed that (i) “Consolidated Funded Indebtedness”
shall not include the obligations of the Borrower or its Subsidiaries under any Hybrid Equity Securities, Mandatorily Convertible Securities or Equity Preferred Securities but only to the extent the aggregate amount of such Hybrid Equity Securities,
Mandatorily Convertible Securities and Equity Preferred Securities are less than or equal to 20% of total consolidated capitalization of the Borrower and its Subsidiaries, as determined in accordance with GAAP (and then only to the extent in excess
of such amount), (ii) if requested by the Borrower, “Consolidated Funded Indebtedness” may be reduced dollar for dollar by cash on the balance sheet that was received from a permitted sale hereunder if the Borrower has already
identified a future permitted acquisition but such exclusion shall only be effective for the fiscal quarter end in which such proceeds were received; provided that the Borrower shall provide such information regarding the sales proceeds and
the future acquisition as reasonably requested by the Agent, (iii) for the purpose of determining “Consolidated Funded Indebtedness,” any particular Indebtedness will be excluded if and to the extent that the necessary funds for the
payment, redemption or satisfaction of that Indebtedness (including, to the extent applicable, any associated prepayment penalties, fees or payments and such other amounts required in connection therewith) have been deposited with the proper
depositary in trust and (iv) Consolidated Funded Indebtedness shall not include Non-Recourse Indebtedness. 
 “Consolidated
Hedging Exposure” means, at any time with respect to all applicable Swap Agreements to which the Borrower and its Subsidiaries are counterparties, the aggregate consolidated net exposure of the Borrower and the Subsidiaries under all such
agreements on a marked to market basis in accordance with GAAP. 
 “Consolidated Interest Expense” means, for any period
with respect to the Borrower and its Subsidiaries on a consolidated basis, all interest (including the interest component, if any, of any Capitalized Lease, the facility fee and the LC fronting fees and other interest, fees and expenses paid
pursuant hereto and pursuant to the 2008 Credit Agreement and the 2011 Credit Agreement) paid or accrued during such period in accordance with GAAP. 

“Consolidated Leverage Ratio” shall mean, as of the last day of any fiscal quarter of the Borrower, for the Borrower and its
Subsidiaries on a consolidated basis, the ratio of (a) Consolidated Funded Indebtedness on such date to (b) Consolidated EBITDA for the four quarter period ending on such date. 

“Consolidated Net Income” means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, the net
income of the Borrower and its Subsidiaries (excluding extraordinary gains and extraordinary losses) for that period, as determined in accordance with GAAP. 

  
 5 

 “Consolidated Subsidiary” means, for any Person, at any date any Subsidiary or
other entity the accounts of which would be consolidated with those of such Person in its consolidated financial statements if such statements were prepared as of such date; unless otherwise specified “Consolidated Subsidiary” means a
Consolidated Subsidiary of the Borrower. 
 “Consolidated Tangible Net Assets” means, as of any date of determination, the
total amount of consolidated assets of the Borrower and its Subsidiaries (other than Excluded Subsidiaries) minus: (a) all current liabilities (excluding (i) any current liabilities that by their terms are extendable or renewable at the
option of the obligor thereon to a time more than 12 months after the time as of which the amount thereof is being computed and (ii) current maturities of long-term debt) and (b) the value (net of any applicable reserves and accumulated
amortization) of all goodwill, trade names, trademarks, patents and other like intangible assets, all as set forth, or on a pro forma basis would be set forth, on the consolidated balance sheet of the Borrower and its Subsidiaries (other than
Excluded Subsidiaries) for the most recently completed fiscal quarter or year, as applicable, prepared in accordance with GAAP. 

“Controlled Group” means all members of a controlled group of corporations or other business entities and all trades or
businesses (whether or not incorporated) under common control which, together with the Borrower or any of its Subsidiaries, are treated as a single employer under Section 414 of the Code. 

“Conversion/Continuation Notice” is defined in Section 2.9. 

“Credit Extension” means the making of the Loans on the Closing Date in an aggregate amount equal to the Aggregate
Commitment. 
 “Debt Rating” means the long-term senior unsecured, non-credit enhanced debt rating of the Borrower by
S&P, Moody’s, and/or Fitch, as applicable. 
 “Debtor Relief Laws” means the Bankruptcy Code of the United States
of America, and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief laws of the United States or other applicable
jurisdictions from time to time in effect. 
 “Default” means an event described in Article VII. 

“Defaulting Lender” means, subject to Section 2.24.2, any Lender that (a) has failed to (i) fund all or
any portion of its Loans within two Business Days of the date such Loans were required to be funded hereunder unless such Lender notifies the Agent and the Borrower in writing that such failure is the result of such Lender’s determination that
one or more conditions precedent to funding (each of which conditions precedent, together with any applicable default, shall be specifically identified in such writing) has not been satisfied, or (ii) pay to the Agent or any Lender any other
amount required to be paid by it hereunder within two Business Days of the date when due, (b) has notified the Borrower or the Agent in writing that it does not intend to comply with its funding obligations hereunder, or has made a public
statement to that effect (unless such writing or public statement relates to such Lender’s obligation to fund a Loan hereunder and states that such position is based on such Lender’s determination that a condition precedent to funding
(which condition precedent, together with any applicable default, shall be specifically identified in such writing or public statement) cannot be satisfied), (c) has failed, within three (3) Business Days after written request by the Agent
or the Borrower, to confirm in writing to the Agent and the Borrower that it will comply with its prospective funding obligations hereunder (provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon
receipt of such written confirmation by the Agent and the Borrower), or (d) has, or has a direct or indirect parent company that 

  
 6 

 
has (i) become the subject of a proceeding under any Debtor Relief Law, or (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the benefit
of creditors or similar Person charged with reorganization or liquidation of its business or assets, including the Federal Deposit Insurance Corporation or any other state or federal regulatory authority acting in such a capacity; provided
that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any equity interest in that Lender or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest
does not result in or provide such Lender with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to
reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender. Any determination by the Agent that a Lender is a Defaulting Lender under any one or more of clauses (a) through (d) above shall be
conclusive and binding absent manifest error, and such Lender shall be deemed to be a Defaulting Lender (subject to Section 2.24.2) upon delivery of written notice from the Agent of such determination to the Borrower, each Lender. 

“Documentation Agent” means Wells Fargo Bank, National Association, in its capacity as Documentation Agent hereunder. 

“Dollar” and “$” means dollars in the lawful currency of the United States of America. 

“Eligible Assignee” means any Person that meets the requirements to be an assignee under Sections 12.3.5 and
12.3.6 (subject to such consents, if any, as may be required under Section 12.3.2). 
 “Environmental
Laws” means any and all Applicable Laws relating to (i) the protection of the environment, (ii) the effect of the environment on human health, (iii) emissions, discharges or releases of pollutants, contaminants, hazardous
substances or wastes into surface water, ground water or land, or (iv) the manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of pollutants, contaminants, hazardous substances or wastes or the
clean-up or other remediation thereof. 
 “Equity Preferred Securities” means any securities, however denominated,
(i) issued by the Borrower or any Consolidated Subsidiary of the Borrower, (ii) that are not, or the underlying securities, if any, of which are not, subject to mandatory redemption or maturity prior to 91 days after the Termination Date,
and (iii) the terms of which permit the deferral of interest or distributions thereon to a date occurring after the 91st day after the Termination Date. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, and any rules or regulations
issued thereunder. 
 “Eurodollar Advance” means an Advance (other than a Floating Rate Advance as to which the interest
rate is determined by reference to the Eurodollar Base Rate) which bears interest at a rate determined by reference to the applicable Eurodollar Rate. 

“Eurodollar Base Rate” means, with respect to any Eurodollar Loan for any Interest Period, the rate appearing on Reuters
Screen LIBOR01 Page (or on any successor or substitute page of such service, or any successor to or substitute for such service, providing rate quotations comparable to those currently provided on such page of such service, as determined by the
Agent from time to time for purposes of providing quotations of interest rates applicable to deposits in Dollars in the London interbank market) at approximately 11:00 a.m., London time, two (2) Business Days prior to the commencement of such
Interest Period, as the rate for deposits in Dollars with a maturity comparable to such Interest Period. In the event that such rate is not available at such time for any reason, then the “Eurodollar Base Rate” with respect to such
Eurodollar Loan for such Interest Period shall be the rate at which deposits in Dollars in 

  
 7 

 
an amount equal to $5,000,000 and for a maturity comparable to such Interest Period are offered by the principal London office of the Agent in immediately available funds in the London interbank
market at approximately 11:00 a.m., London time, two (2) Business Days prior to the commencement of such Interest Period. 

“Eurodollar Loan” means a Loan (other than a Floating Rate Loan as to which the interest rate is determined by reference to
the Eurodollar Base Rate) which bears interest at a rate determined by reference to the applicable Eurodollar Rate. 
 “Eurodollar
Rate” means, with respect to a Eurodollar Advance for the relevant Interest Period, the sum of (i) the LIBOR Rate plus (ii) the Applicable Margin. 

“Eurodollar Reserve Percentage” means a fraction (expressed as a decimal), the numerator of which is the number one and the
denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by the Board to which the Agent is subject for
eurocurrency funding (currently referred to as “Eurocurrency Liabilities” in Regulation D of the Board). Such reserve percentages shall include those imposed pursuant to such Regulation D of the Board. Eurodollar Loans shall be
deemed to constitute eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under such Regulation D of the
Board or any comparable regulation. The Eurodollar Reserve Percentage shall be adjusted automatically on and as of the effective date of any change in any reserve percentage. 

“Excluded EBITDA” means any portion of Consolidated EBITDA attributable to an Excluded Subsidiary. 

“Excluded Indebtedness” means Non-Recourse Indebtedness of any Excluded Subsidiary. 

“Excluded Subsidiary” means any future Subsidiary formed or acquired by the Borrower that is designated by the Borrower as an
“Excluded Subsidiary” in accordance with Section 9.16 as long as (i) such Excluded Subsidiary has no Indebtedness that is recourse to the Borrower or any Non-Excluded Subsidiary and (ii) any Indebtedness for borrowed
money incurred by such Excluded Subsidiary is used solely to acquire, construct, develop or operate assets and related businesses; provided that the aggregate amount of assets owned by all Excluded Subsidiaries cannot exceed 15% of the total
consolidated assets of the Borrower and its Subsidiaries, as determined by the most recent balance sheet delivered by the Borrower pursuant to Section 6.1. 

“Excluded Taxes” means any of the following Taxes imposed on or with respect to a Recipient or required to be withheld or
deducted from a payment to a Recipient, (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, Taxes measured by the overall capital or net worth of such Recipient and branch profits Taxes, in each case,
(i) imposed as a result of such Recipient being organized under the laws of, or having its principal office or, in the case of any Lender, its applicable lending office located in, the jurisdiction imposing such Tax (or any political
subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or
Commitment pursuant to a law in effect on the date on which (i) such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the Borrower under Section 2.19) or (ii) such Lender
changes its lending office, except in each case to the extent that, pursuant to Section 3.5, amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to
such Lender immediately before it changed its lending office, (c) Taxes attributable to such Recipient’s failure to comply with Section 3.5.7 and (d) any U.S. federal withholding Taxes imposed under FATCA. 

  
 8 

 “FATCA” means Sections 1471 through 1474 of the Code, as of the date of this
Agreement (or any amended or successor version that is substantively comparable and not materially more onerous to comply with) and any current or future regulations or official interpretations thereof. 

“Federal Funds Effective Rate” means, for any day, the weighted average of the rates on overnight Federal funds transactions
with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the
average of the quotations for such day for such transactions received by the Agent from three Federal funds brokers of recognized standing selected by the Agent. 

“Fitch” means Fitch Ratings and any successor thereto. 

“Floating Rate” means, for any day, a rate per annum equal to (i) the Alternate Base Rate for such day plus
(ii) the Applicable Margin. 
 “Floating Rate Advance” means an Advance which bears interest at a rate determined by
reference to the Floating Rate. 
 “Floating Rate Loan” means a Loan which bears interest at a rate determined by reference
to the Floating Rate. 
 “Foreign Lender” means a Lender which is not a U.S. Person. 

“Fund” means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or
otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business. 
 “GAAP”
means generally accepted accounting principles in effect from time to time; provided that in the event that any “Accounting Change” (as defined below) shall occur and such change would otherwise result in a change in the method of
calculation of financial covenants, standards or terms in this Agreement, then unless and until the Borrower, the Agent and the Required Lenders mutually agree to adjustments to the terms hereof to reflect any such Accounting Change, all financial
covenants (including such covenant contained in Section 6.14), standards and terms in this Agreement shall continue to be calculated or construed as if such Accounting Changes had not occurred. “Accounting Changes”
refers to changes in accounting principles required or permitted by the promulgation of any rule, regulation, pronouncement or opinion by the Financial Accounting Standards Board of the American Institute of Certified Public Accountants or, if
applicable, the SEC and shall include the adoption or implementation of International Financial Reporting Standards or changes in lease accounting. 

“Governmental Authority” means the government of the United States or any other nation, or of any political subdivision
thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining
to government (including any supra-national bodies such as the European Union or the European Central Bank). 
 “Hybrid Equity
Securities” means any securities issued by the Borrower, any Subsidiary or a financing vehicle of the Borrower or any Subsidiary that (i) are classified as possessing a minimum of 

  
 9 

 
“intermediate equity content” by S&P, Basket C equity credit by Moody’s or 50% equity credit by Fitch at the time of issuance thereof and (ii) require no repayments or
prepayments and no mandatory redemptions or repurchases, in each case, prior to the date that is 91 days after the Termination Date. 

“Indebtedness” of any Person means at any date, without duplication, (i) all obligations of such Person for borrowed
money, (ii) all indebtedness of such Person for the deferred purchase price of property or services purchased (excluding current accounts payable and trade payables incurred in the ordinary course of business), (iii) all indebtedness
created or arising under any conditional sale or other title retention agreement with respect to property acquired, (iv) all Capitalized Lease Obligations in accordance with Agreement Accounting Principles, (v) all drawn and owing
reimbursement obligations outstanding under Letters of Credit, bankers’ acceptances, bank guaranties, surety bonds and similar instruments, (vi) unless otherwise cash collateralized, Consolidated Hedging Exposure, (vii) indebtedness
of the type described in clauses (i) through (vi) above secured by any Lien on property or assets of such Person, whether or not assumed (but in any event not exceeding the fair market value of the property or asset),
(viii) all direct guarantees of Indebtedness referred to in clauses (i) through (vi) above of another Person, (ix) all amounts payable in connection with mandatory redemptions or repurchases of Capital Stock (other
than Hybrid Equity Securities, Mandatorily Convertible Securities and Equity Preferred Securities) and (x) all Off Balance Sheet Indebtedness of such Person; provided that Indebtedness shall exclude any indebtedness arising from the
application of ASC Topic 460, 810 or 840. For the purpose of determining “Indebtedness,” any particular Indebtedness will be excluded if and to the extent that the necessary funds for the payment, redemption or satisfaction of that
Indebtedness (including, to the extent applicable, any associated prepayment penalties, fees or payments and such other amounts required in connection therewith) have been deposited with the proper depositary in trust. 

“Indemnified Taxes” means (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on
account of any obligation of the Borrower under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes. 

“Indemnitee” is defined in Section 9.6(ii). 

“Interest Period” means, with respect to a Eurodollar Advance, a period of one, two, three or six months (or nine or twelve
months if agreed to by each of the Lenders and the Borrower), commencing on a Business Day selected by the Borrower pursuant to this Agreement. Such Interest Period shall end on but exclude the day which corresponds numerically to such date one,
two, three or six months or such other agreed upon period thereafter; provided that (i) if there is no such numerically corresponding day in such next, second, third or sixth succeeding month or such other succeeding period, such
Interest Period shall end on the last Business Day of such next, second, third or sixth succeeding month or such other succeeding period and (ii) no Interest Period shall extend beyond the Termination Date described in clause (a) of such
definition. If an Interest Period would otherwise end on a day which is not a Business Day, such Interest Period shall end on the next succeeding Business Day; provided, that if said next succeeding Business Day falls in a new calendar month,
such Interest Period shall end on the immediately preceding Business Day. 
 “Investment Grade Status” exists at any date
if, on such date, the Borrower has or is deemed to have pursuant to the last paragraph of the Pricing Schedule (as in effect on the Closing Date) at least two of the following ratings: a Moody’s Rating (as defined in the Pricing Schedule as in
effect on the Closing Date) of Baa3 or better, a S&P Rating (as defined in the Pricing Schedule as in effect on the Closing Date) of BBB- or better or a Fitch Rating (as defined in the Pricing Schedule as in effect on the Closing Date) of BBB-
or better. 

  
 10 

 “IPO” means an initial public offering of the Capital Stock of OGE Enogex
Holdings LLC or any of its Subsidiaries (including the Borrower) or any master limited partnership subsequently formed by or on behalf of OGE Enogex Holdings LLC or any of its Subsidiaries to own any of the foregoing, in each case, registered with
the Securities Exchange Commission under the Securities Act of 1933, as amended. 
 “JPMCB” means JPMorgan Chase Bank, N.A.
and its successors. 
 “Lenders” has the meaning assigned thereto in the introductory paragraph hereto. 

“Lending Installation” means, with respect to a Lender or the Agent, the office, branch, subsidiary or affiliate of such
Lender or the Agent listed on the signature pages hereof or on the administrative information sheets provided to the Agent in connection herewith or on a Schedule or otherwise selected by such Lender or the Agent pursuant to
Section 2.17. 
 “Letter of Credit” of a Person means a letter of credit or similar instrument which is issued
upon the application of such Person or upon which such Person is an account party or for which such Person is in any way liable. 

“LIBOR Rate” means, with respect to any Eurodollar Loan for any Interest Period, an interest rate per annum equal to
(a) the Eurodollar Base Rate for such Interest Period multiplied by (b) the Eurodollar Reserve Percentage. 

“Lien” means any lien (statutory or other), mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance or
preference, priority or other security agreement or preferential arrangement of any kind or nature whatsoever (including the interest of a vendor or lessor under any conditional sale, Capitalized Lease or other title retention agreement). 

“Loan” means, with respect to a Lender, such Lender’s loan made pursuant to its commitment to lend set forth in
Section 2.1 (or any conversion or continuation thereof). 
 “Loan Documents” means this Agreement and all other
documents, instruments, notes (including any Notes issued pursuant to Section 2.13 (if requested)) and agreements executed and delivered in connection therewith or contemplated thereby. 

“Mandatorily Convertible Securities” means mandatorily convertible equity-linked securities issued by the Borrower or any
Subsidiary, so long as the terms of such securities require no repayments or prepayments of principal and no mandatory redemptions or repurchases, in each case, prior to at least 91 days after the Termination Date. 

“Material Adverse Effect” means a material adverse effect on (i) the business, Property, condition (financial or
otherwise), operations or results of operations of the Borrower and its Subsidiaries taken as a whole, (ii) the ability of the Borrower to perform its obligations under the Loan Documents, or (iii) the validity or enforceability of any of
the Loan Documents or the rights or remedies of the Agent or the Lenders thereunder. 
 “Material Indebtedness” means
Indebtedness of the Borrower and/or its Material Subsidiaries (other than (i) Indebtedness among the Borrower and/or its Subsidiaries, (ii) Excluded Indebtedness and (iii) other Non-Recourse Indebtedness of any Non-Excluded Subsidiary
which is not a Material Subsidiary in an outstanding principal amount of $20,000,000 or less in the aggregate) in an outstanding principal amount of $40,000,000 or more in the aggregate (or the equivalent thereof in any currency other than U.S.
dollars). 

  
 11 

 “Material Subsidiary” means any Subsidiary that would be a “significant
subsidiary” as defined in Article 1, Rule 1-02 of Regulation S-X, as promulgated under the Securities Act of 1933, as amended, as such regulation is in effect on the date of this Agreement. 

“Moody’s” means Moody’s Investors Service, Inc. and any successor thereto. 

“Multiemployer Plan” means a multiemployer plan, as defined in Section 3(37) or Section 4001(a)(3) of ERISA, which
is covered by Title IV of ERISA and to which the Borrower or any member of the Controlled Group is obligated to make contributions or has been obligated to make contributions during the last six years. 

“Non-Consenting Lender” means any Lender that does not approve any consent, waiver or amendment that (i) requires the
approval of all affected Lenders or all Lenders and (ii) has been approved by the Required Lenders. 
 “Non-Defaulting
Lender” means, at any time, each Lender that is not a Defaulting Lender at such time. 
 “Non-Excluded Subsidiary”
means any Subsidiary that is not an Excluded Subsidiary. 
 “Non-Recourse Indebtedness” means Indebtedness of any
(x) Excluded Subsidiary or (y) any Non-Excluded Subsidiary which is not a Material Subsidiary as to which (a) neither the Borrower nor any Non-Excluded Subsidiary which is a Material Subsidiary provides credit support of any kind
(including any undertaking, agreement or instrument that would constitute Indebtedness), (b) neither the Borrower nor any Non-Excluded Subsidiary which is a Material Subsidiary is directly or indirectly liable as a guarantor or otherwise,
(c) neither the Borrower nor any Non-Excluded Subsidiary which is a Material Subsidiary is the lender or other type of creditor, or (d) the relevant legal documents do not provide that the lenders or other type of creditors with respect
thereto will have any recourse to the stock or assets of the Borrower or any Non-Excluded Subsidiary which is a Material Subsidiary. 

“Note” is defined in Section 2.13(iv). 

“Obligations” means all Loans, advances, debts, liabilities and obligations owing by the Borrower to the Agent, any Lender,
the Arranger, any affiliate of the Agent, any Lender or the Arranger, or any Indemnitee under the provisions of Section 9.6 or any other provisions of the Loan Documents, in each case of any kind or nature, arising under this Agreement
or any other Loan Document, whether or not evidenced by any note, guaranty or other instrument, whether or not for the payment of money, whether arising by reason of an extension of credit, loan, indemnification, or in any other manner, whether
direct or indirect (including those acquired by assignment), absolute or contingent, due or to become due, now existing or hereafter arising and however acquired. The term includes all principal, interest (including interest accruing after the
filing of any bankruptcy or similar petition), charges, expenses, fees, attorneys’ fees and disbursements, and any other sum chargeable to the Borrower or any of its Subsidiaries under this Agreement or any other Loan Document. 

“OFAC” means the U.S. Department of the Treasury’s Office of Foreign Assets Control. 

“Off Balance Sheet Indebtedness” means, with respect to any Person, (i) any repurchase obligation or repurchase
liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any sale and leaseback transactions that do not create a liability on the balance sheet of such Person,
(iii) any obligations under Synthetic Leases or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of borrowing 

  
 12 

 
but which does not constitute a liability on the balance sheet of such Person. As used herein, “Synthetic Lease” means a lease transaction under which the parties intend that
(a) the lease will be treated as an “operating lease” by the lessee pursuant to Statement of Financial Accounting Standards No. 13, as amended and (b) the lessee will be entitled to various tax and other benefits ordinarily
available to owners (as opposed to lessees) of like property. 
 “OGE” means OGE Energy Corp., an Oklahoma corporation.

 “Other Connection Taxes” means, with respect to any Recipient, Taxes imposed as a result of a present or former
connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or
perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document). 

“Other Taxes” means all present or future stamp, court or documentary, intangible, recording, filing or similar Taxes that
arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Loan Document, except any such Taxes that
are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 2.19). 

“Outstanding Credit Exposure” means, as to any Lender at any time, the aggregate principal amount of its Loans outstanding at
such time. 
 “Participant” is defined in Section 12.2.1. 

“Participant Register” is defined in Section 12.2.4. 

“Payment Date” means the last day of March, June, September and December and the Termination Date. 

“PBGC” means the Pension Benefit Guaranty Corporation, or any successor thereto. 

“Person” means any natural person, corporation, firm, joint venture, partnership, limited liability company, association,
enterprise, trust or other entity or organization, or any government or political subdivision or any agency, department or instrumentality thereof. 

“Plan” means an employee pension benefit plan, excluding any Multiemployer Plan, which is covered by Title IV of ERISA or
subject to the minimum funding standards under Section 412 of the Code as to which the Borrower or any member of the Controlled Group may have any liability. 

“Pricing Schedule” means the Schedule identifying the Applicable Margin attached hereto and identified as such. 

“Prime Rate” means the rate of interest per annum publicly announced from time to time by JPMorgan Chase Bank, N.A. as its
prime rate in effect at its principal office in New York City; each change in the Prime Rate shall be effective from and including the date such change is publicly announced as being effective. 

“Property” of a Person means any and all right, title and interest of such Person in or to property, whether real, personal,
tangible, intangible, or mixed. 

  
 13 

 “Pro Rata Share” means, with respect to a Lender, a portion equal to a fraction
the numerator of which is such Lender’s Commitment at such time (in each case, as adjusted from time to time in accordance with the provisions of this Agreement) and the denominator of which is the Aggregate Commitment at such time, or, if the
Aggregate Commitment has been terminated, a fraction the numerator of which is such Lender’s Outstanding Credit Exposure at such time and the denominator of which is the Aggregate Outstanding Credit Exposure at such time. 

“Qualified Project” means the construction or expansion of any capital project of the Borrower or any of its Subsidiaries,
the aggregate actual or budgeted capital cost of which (in each case, including capital costs expended by the Borrower or any such Subsidiaries prior to the acquisition or construction of such project) exceeds $20,000,000. 

“Qualified Project EBITDA Adjustments” means, with respect to each Qualified Project: 

(a) prior to the Commercial Operation Date of a Qualified Project (but including the fiscal quarter in which such Commercial Operation
Date occurs), a percentage (based on the then-current completion percentage of such Qualified Project) of an amount to be approved by the Agent (such approval not to be unreasonably withheld or delayed) as the projected Consolidated EBITDA of the
Borrower and its Subsidiaries attributable to such Qualified Project for the first 12-month period following the scheduled Commercial Operation Date of such Qualified Project (such amount to be determined based on customer contracts relating to such
Qualified Project, the creditworthiness of the other parties to such contracts, and projected revenues from such contracts, capital costs and expenses, scheduled Commercial Operation Date, oil and gas reserve and production estimates, commodity
price assumptions and other reasonable factors deemed appropriate by the Agent), which may, at the Borrower’s option, be added to actual Consolidated EBITDA for the Borrower and its Subsidiaries for the fiscal quarter in which construction of
such Qualified Project commences and for each fiscal quarter thereafter until the Commercial Operation Date of such Qualified Project (including the fiscal quarter in which such Commercial Operation Date occurs, but net of any actual Consolidated
EBITDA of the Borrower and its Subsidiaries attributable to such Qualified Project following such Commercial Operation Date); provided that if the actual Commercial Operation Date does not occur by the scheduled Commercial Operation Date,
then the foregoing amount shall be reduced, for quarters ending after the scheduled Commercial Operation Date to (but excluding) the first full quarter after its actual Commercial Operation Date, by the following percentage amounts depending on the
period of delay (based on the period of actual delay or then-estimated delay, whichever is longer): (i) 90 days or less, 0%, (ii) longer than 90 days, but not more than 180 days, 25%, (iii) longer than 180 days but not more than 270
days, 50%, (iv) longer than 270 days but not more than 365 days, 75% and (v) longer than 365 days, 100%; and 

(b) thereafter, actual Consolidated EBITDA of the Borrower and its Subsidiaries attributable to such Qualified Project for each full
fiscal quarter after the Commercial Operation Date, plus the amount approved by the Agent pursuant to clause (a) above as the projected Consolidated EBITDA of Borrower and its Subsidiaries attributable to such Qualified Project for the
fiscal quarters constituting the balance of the four full fiscal quarter period following such Commercial Operation Date; provided that in the event the actual Consolidated EBITDA of the Borrower and its Subsidiaries attributable to such
Qualified Project for any full fiscal quarter after the Commercial Operation Date shall materially differ from the projected Consolidated EBITDA approved by the Agent pursuant to clause (a) above for such fiscal quarter, the projected
Consolidated EBITDA of Borrower and its Subsidiaries attributable to such Qualified Project for any remaining fiscal quarters included in the foregoing calculation shall be redetermined in the same manner as set forth in clause
(a) above, such amount to be approved by the Agent (such approval not to be unreasonably withheld or delayed), which may, at the Borrower’s option, be added to actual Consolidated EBITDA for the Borrower and its Subsidiaries for such
fiscal quarters. 

  
 14 

 Notwithstanding the foregoing: 

(A) no such additions shall be allowed with respect to any Qualified Project unless: 

(1) not later than 30 days prior to the delivery of any certificate required by the terms and provisions of Section 6.1.3 to
the extent Qualified Project EBITDA Adjustments are requested be made to Consolidated EBITDA in determining compliance with Section 6.14, the Borrower shall have delivered to the Agent (y) written pro forma projections of
Consolidated EBITDA of the Borrower and its Subsidiaries attributable to such Qualified Project and (z) a certificate of the Borrower certifying that all written information provided to the Agent for purposes of approving such pro forma
projections (including information relating to customer contracts relating to such Qualified Project, the creditworthiness of the other parties to such contracts, and projected revenues from such contracts, capital costs and expenses, scheduled
Commercial Operation Date, oil and gas reserve and production estimates, commodity price assumptions) was prepared in good faith based upon assumptions that were reasonable at the time they were made; and 

(2) prior to the date such certificate is required to be delivered, the Agent shall have approved (such approval not to be unreasonably
withheld) such projections and shall have received such other information and documentation as the Agent may reasonably request, all in form and substance satisfactory to the Agent; and 

(B) the aggregate amount of all Qualified Project EBITDA Adjustments during any period shall be limited to 20% of the total actual
Consolidated EBITDA of the Borrower and its Subsidiaries for such period (which total actual Consolidated EBITDA shall be determined without including any Qualified Project EBITDA Adjustments). 

“Recipient” means (a) the Agent and (b) any Lender, as applicable. 

“Regulation U” means Regulation U of the Board of Governors of the Federal Reserve System as from time to time in effect and
any successor or other regulation or official interpretation of said Board of Governors relating to the extension of credit by banks for the purpose of purchasing or carrying margin stocks applicable to member banks of the Federal Reserve System.

 “Regulation X” means Regulation X of the Board of Governors of the Federal Reserve System as from time to time in effect
and any successor or other regulation or official interpretation of said Board of Governors relating to the extension of credit by foreign lenders for the purpose of purchasing or carrying margin stock (as defined therein). 

“Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers,
employees, agents and advisors of such Person and of such Person’s Affiliates. 
 “Reportable Event” means a
reportable event as defined in Section 4043 of ERISA and the regulations issued under such section, with respect to a Plan subject to Title IV of ERISA, excluding, however, such events as to which the PBGC has by regulation waived the
requirement of Section 4043(a) of ERISA that it be notified within thirty (30) days of the occurrence of such event; provided that a failure to meet the minimum funding standard of Section 412 or 430 of the Code and of
Section 302 of ERISA shall be a Reportable Event regardless of the issuance of any such waiver of the notice requirement in accordance with either Section 4043(a) of ERISA or Section 412(c) of the Code. 

“Required Lenders” means Lenders in the aggregate having Commitments of greater than sixty percent (60%) of the
Aggregate Commitment or, if the Aggregate Commitment has been terminated, 

  
 15 

 
Lenders in the aggregate holding greater than sixty percent (60%) of the Aggregate Outstanding Credit Exposure; provided that the Commitment of, and the portion of the Outstanding
Credit Exposure, as applicable, held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders. 

“Restricted Payments” means, with respect to any Person, (a) any dividend or other distribution, direct or indirect, on
account of any shares (or equivalent) of any class of Capital Stock of such Person, now or hereafter outstanding, (b) any redemption, retirement, sinking fund or similar payment, purchase or other acquisition for value, direct or indirect, of
any shares (or equivalent) of any class of Capital Stock of any such Person, now or hereafter outstanding, (c) any payment made to retire, or to obtain the surrender of, any outstanding warrants, options or other rights to acquire shares of any
class of Capital Stock of such Person, now or hereafter outstanding, and (d) the payment by such Person of any management, advisory or consulting fee to any other Person who is directly or indirectly a significant partner, shareholder, owner or
executive officer of such Person; provided that this clause (d) shall not include the payment, in the ordinary course, of any brokers, finders or similar fees as determined appropriate by their respective governing bodies in their
reasonable discretion. 
 “S&P” means Standard and Poor’s Ratings Services, a division of The McGraw Hill
Companies, Inc., and any successor thereto. 
 “Sanctioned Entity” shall mean (a) an agency of the government of,
(b) an organization directly or indirectly controlled by, or (c) a person resident in, a country that is subject to a sanctions program identified on the list maintained by OFAC and available at
http://www.treas.gov/offices/enforcement/ofac/programs, or as otherwise published from time to time, to the extent that such program administered by OFAC is applicable to any such agency, organization or person. 

“Sanctioned Person” shall mean a person named on the list of Specially Designated Nationals or Blocked Persons maintained by
OFAC available at http://www.treas.gov/offices/enforcement/ofac/sdn/index.html, or as otherwise published from time to time. 

“SEC Reports” means (i) the Annual Report on Form 10-K of OGE for the fiscal year ended December 31, 2011,
(ii) the Quarterly Reports on Form 10-Q of OGE for the fiscal quarter ended March 31, 2012 and (iii) the Current Reports on Form 8-K filed by OGE prior to the Closing Date. 

“Significant Acquisition” means, during any twelve-month period, one or more acquisitions by the Borrower or any of its
Subsidiaries (other than an Excluded Subsidiary) of assets, equity interests, operating lines or divisions of any other Person (whether by way of asset acquisition, equity purchase, tender offer, merger, consolidation, amalgamation or otherwise) in
which the total consideration in connection therewith, cash and non-cash (including assumption of debt and liabilities and any deferred or contingent consideration, such as purchase price adjustments, earnout payments and similar payments (in each
case, as valued at the reasonable estimated actual aggregate consideration)), exceeds $25,000,000. 
 “Single Employer
Plan” means a Plan maintained by the Borrower or any member of the Controlled Group for employees of the Borrower or any member of the Controlled Group. 

“Specified Change” is defined in the term “Change in Law”. 

“Subsidiary” means, as to any Person, any corporation or other entity of which securities or other ownership interests having
ordinary voting power to elect a majority of the board of directors or other Persons performing similar functions are at the time directly or indirectly owned by such Person; unless otherwise specified, “Subsidiary” means a Subsidiary of
the Borrower. 

  
 16 

 “Substantial Portion” means, with respect to the Property of the Borrower and
its Subsidiaries, Property which represents more than 25% of the consolidated assets of the Borrower and its Subsidiaries or property which is responsible for more than 25% of the Consolidated Net Income of the Borrower and its Subsidiaries, in each
case, as would be shown in the consolidated financial statements of the Borrower and its Subsidiaries as at the end of the four fiscal quarter period ending with the fiscal quarter immediately prior to the fiscal quarter in which such determination
is made (or if financial statements have not been delivered hereunder for that fiscal quarter which ends such four fiscal quarter period, then the financial statements delivered hereunder for the quarter ending immediately prior to that quarter).

 “Swap Agreements” means any agreement with respect to any swap, forward, future or other derivative transaction or
option or similar agreement entered into by the Borrower or any of its Subsidiaries in order to provide protection to the Borrower and/or its Subsidiaries against fluctuations in future interest rates, currency exchange rates or commodity prices.

 “Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup
withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. 

“Termination Date” means August 2, 2015. 

“Transaction Costs” means all fees, costs and expenses incurred or payable by the Borrower or any Subsidiary in connection
with the negotiation, execution and consummation of (i) this Agreement and the other Loan Documents (including all fees payable hereunder on the Closing Date) and (ii) the 2011 Credit Agreement and the other “Loan Documents”
relating thereto and as defined therein (including all fees payable on the “Closing Date” thereunder and as defined therein). 

“Transferee” is defined in Section 12.4. 

“Type” means, with respect to any Advance, its nature as a Floating Rate Advance or a Eurodollar Advance and with respect to
any Loan, its nature as a Floating Rate Loan or a Eurodollar Loan. 
 “Unfunded Liabilities” means the amount (if any) by
which the present value of all vested and unvested accrued benefits under each Single Employer Plan subject to Title IV of ERISA exceeds the fair market value of all such Plan’s assets allocable to such benefits, all determined as of the then
most recent valuation date for such Plan for which a valuation report is available, using actuarial assumptions for funding purposes as set forth in such report. 

“Unmatured Default” means an event which but for the lapse of time or the giving of notice, or both, would constitute a
Default. 
 “U.S. Person” means any Person that is a “United States Person” as defined in
Section 7701(a)(30) of the Code. 
 “Voting Stock” means all classes of the Capital Stock (or other voting interests)
of such Person then outstanding and normally entitled to vote in the election of directors or other governing body of such Person. 

  
 17 

 “Withholding Agent” means the Borrower and the Agent. 

1.2 Other Definitions and Provisions. With reference to this Agreement and each other Loan Document, unless otherwise specified
herein or in such other Loan Document: (a) the definitions of terms herein shall apply equally to the singular and plural forms of the terms defined, (b) whenever the context may require, any pronoun shall include the corresponding
masculine, feminine and neuter forms, (c) the words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”, (d) the word “will” shall be
construed to have the same meaning and effect as the word “shall”, (e) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (f) the words “herein”,
“hereof” and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (g) all references herein to Articles, Sections, Exhibits and
Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, this Agreement, (h) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to
any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights, and (i) in the computation of periods of time from a specified date to a later specified date, the word “from” means
“from and including;” the words “to” and “until” each mean “to but excluding;” and the word “through” means “to and including”. 

1.3 Rounding. Any financial ratios required to be maintained by the Borrower pursuant to this Agreement shall be calculated by
dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio or percentage is expressed herein and rounding the result up or down to the nearest number (with a
rounding-up if there is no nearest number). 
 1.4 References to Agreement and Laws. Unless otherwise expressly provided
herein, (a) references to formation documents, governing documents, agreements (including the Loan Documents) and other contractual instruments shall be deemed to include all subsequent amendments, restatements, extensions, supplements and
other modifications thereto, but only to the extent that such amendments, restatements, extensions, supplements and other modifications are not prohibited by any Loan Document; and (b) references to any Applicable Law shall include all
statutory and regulatory provisions consolidating, amending, replacing, supplementing or interpreting such Applicable Law. 
 1.5
Times of Day. Unless otherwise specified, all references herein to times of day shall be references to Eastern time (daylight or standard, as applicable). 

ARTICLE II 
 THE CREDITS

 2.1 Commitment. Subject to the satisfaction of the conditions precedent set forth in Section 4.1, each
Lender severally agrees, on the terms and conditions set forth in this Agreement to make Loans to the Borrower on the Closing Date in an amount not to exceed in the aggregate at any one time outstanding of its Commitment. Amounts repaid or prepaid
in respect of Loans may not be reborrowed. The commitment of each Lender to lend hereunder shall expire at 3:00 p.m. (New York City time) on the Closing Date. 

2.2 Required Payments; Termination. Any outstanding Advances and all other unpaid Obligations shall be paid in full by the
Borrower on the Termination Date. Notwithstanding the 

  
 18 

 
termination of this Agreement on the Termination Date, until all of the Obligations (other than contingent indemnification obligations) shall have been fully paid and satisfied and all financing
arrangements among the Borrower and the Lenders hereunder and under the other Loan Documents shall have been terminated, all of the rights and remedies under this Agreement and the other Loan Documents shall survive. 

2.3 Ratable Loans. Each Advance hereunder shall consist of Loans made from the several Lenders in accordance with their Pro Rata
Share. 
 2.4 Types of Advances. The Advances may be Floating Rate Advances or Eurodollar Advances, or a combination thereof,
selected by the Borrower in accordance with Sections 2.8 and 2.9. 
 2.5 [Intentionally Omitted]. 

2.6 Minimum Amount of Each Advance. Each Eurodollar Advance shall be in the minimum amount of $5,000,000 (and in multiples of
$1,000,000 if in excess thereof), and each Floating Rate Advance shall be in the minimum amount of $5,000,000 (and in multiples of $100,000 if in excess thereof); provided, that any Floating Rate Advance may be in the amount of any Aggregate
Commitment or Advances not allocated to Eurodollar Advances. 
 2.7 Optional Principal Payments. The Borrower may from time to
time pay, without penalty or premium, all outstanding Floating Rate Advances, or, any portion thereof in a minimum aggregate amount of $1,000,000 or any integral multiple of $1,000,000 in excess thereof (or, in any increment in the case of the
repayment at any one time of the entire outstanding principal amount of the Loans hereunder), on any Business Day upon notice to the Agent by no later than 11:00 a.m. on the date of such prepayment. The Borrower may from time to time pay, subject to
the payment of any funding indemnification amounts required by Section 3.4 but without penalty or premium, all outstanding Eurodollar Advances, or, any portion thereof in a minimum aggregate amount of $1,000,000 or any integral multiple
of $500,000 in excess thereof (or, in any increment in the case of the repayment at any one time of the entire outstanding principal amount of the Loans hereunder) upon at least three (3) Business Days’ prior notice to the Agent. Amounts
repaid or prepaid in respect of Loans may not be reborrowed. 
 2.8 Method of Selecting Types and Interest Periods for New
Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable thereto from time to time. The Borrower shall give the Agent irrevocable notice (a “Borrowing
Notice”) on the Closing Date in the case of any Floating Rate Advance requested on such date and two (2) Business Days before the Closing Date in the case of any requested Eurodollar Advance to be made on the Closing Date, specifying:

 2.8.1 the proposed date, which shall be a Business Day, of such Advance, 

2.8.2 the aggregate amount of such Advance, 

2.8.3 the Type of Advance selected, and 

2.8.4 in the case of each Eurodollar Advance, the Interest Period applicable thereto. 

  
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 On the Closing Date, each Lender shall make available its Loan or Loans in funds immediately available to the
Agent at its address specified pursuant to Article XIII. The Agent will promptly make the funds so received from the Lenders available to the Borrower at the Agent’s aforesaid address. 

2.9 Conversion and Continuation of Outstanding Advances. Floating Rate Advances shall continue as Floating Rate Advances unless
and until such Floating Rate Advances are converted into Eurodollar Advances pursuant to this Section 2.9 or are repaid in accordance with Section 2.7. Each Eurodollar Advance shall continue as a Eurodollar Advance until the
end of the then applicable Interest Period therefor, at which time such Eurodollar Advance shall be automatically converted into a Floating Rate Advance unless (x) such Eurodollar Advance is or was repaid in accordance with
Section 2.7 or (y) the Borrower shall have given the Agent a Conversion/Continuation Notice (as defined below) requesting that, at the end of such Interest Period, such Eurodollar Advance continue as a Eurodollar Advance for the
same or another Interest Period. Subject to the terms of Section 2.6, the Borrower may elect from time to time to convert all or any part of a Floating Rate Advance into a Eurodollar Advance. The Borrower shall give the Agent irrevocable
notice (a “Conversion/Continuation Notice”) of each conversion of a Floating Rate Advance into a Eurodollar Advance or continuation of a Eurodollar Advance not later than 11:00 a.m. on the third Business Day prior to the date of the
requested conversion or continuation, specifying: 
 2.9.1 the requested date, which shall be a Business Day, of such conversion or
continuation, 
 2.9.2 the aggregate amount and Type of the Advance which is to be converted or continued, and 

2.9.3 the duration of the Interest Period applicable thereto. 

2.10 Changes in Interest Rate, etc. Each Floating Rate Advance shall bear interest on the outstanding principal amount thereof,
for each day from and including the date such Advance is made or is automatically converted from a Eurodollar Advance into a Floating Rate Advance pursuant to Section 2.9, to but excluding the date it is paid or is converted into a
Eurodollar Advance pursuant to Section 2.9, at a rate per annum equal to the Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Floating Rate Advance will take effect simultaneously
with each change in the Alternate Base Rate. Each Eurodollar Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to (but not including) the last day of
such Interest Period at the interest rate determined by the Agent as applicable to such Eurodollar Advance based upon the Borrower’s selections under Sections 2.8 and 2.9 and otherwise in accordance with the terms hereof. No
Interest Period may end after the scheduled Termination Date. 
 2.11 Rates Applicable After Default. Notwithstanding anything
to the contrary contained in Section 2.8, 2.9 or 2.10, during the continuance of a Default or Unmatured Default the Required Lenders may, at their option, by notice to the Borrower, declare that no Advance may be made as,
converted into or continued as a Eurodollar Advance. During the continuance of a Default the Required Lenders may, at their option, by notice to the Borrower (which notice and rate increase may be revoked at the option of the Required Lenders
notwithstanding any provision of Section 8.2 requiring unanimous consent of the Lenders to changes in interest rates), declare that (i) each Eurodollar Advance shall thereafter bear interest during the continuance of such Default at
the rate otherwise applicable to such Interest Period plus 2% per annum and (ii) each Floating Rate Advance shall thereafter bear interest during the continuance of such Default at a rate per annum equal to the Floating Rate in
effect from time to time plus 2% per annum; provided that, during the continuance of a Default under Section 7.6 or 7.7, the interest rates set forth in clauses (i) and (ii) above shall
be applicable to all Advances without any election or action on the part of the Agent or any Lender. 

  
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 2.12 Method of Payment. All payments of the Obligations hereunder shall be made,
without setoff, deduction, or counterclaim, in immediately available funds to the Agent at the Agent’s address specified pursuant to Article XIII, or at any other Lending Installation of the Agent specified in writing by the Agent to the
Borrower, by noon on the date when due and shall be applied ratably (except as otherwise specifically required hereunder) by the Agent among the Lenders. Each payment delivered to the Agent for the account of any Lender shall be delivered promptly
by the Agent to such Lender in the same type of funds that the Agent received at its address specified pursuant to Article XIII or at any Lending Installation specified in a notice received by the Agent from such Lender. 

2.13 Noteless Agreement; Evidence of Indebtedness. (i) Each Lender shall maintain in accordance with its usual practice an
account or accounts evidencing the indebtedness of the Borrower to such Lender resulting from each Loan made by such Lender from time to time, including the amounts of principal and interest payable and paid to such Lender from time to time
hereunder. 
  

	(ii)	The Agent shall also maintain accounts in which it will record (a) the amount of each Loan made hereunder, the Type thereof and the Interest Period (in the case of a Eurodollar Advance) with respect thereto,
(b) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and (c) the amount of any sum received by the Agent hereunder from the Borrower and each Lender’s
share thereof. 

  

	(iii)	The entries maintained in the accounts maintained pursuant to paragraphs (i) and (ii) above shall be prima facie evidence of the existence and amounts of the Obligations therein recorded
absent manifest error; provided, that the failure of the Agent or any Lender to maintain such accounts or any error therein shall not in any manner affect the obligation of the Borrower to repay the Obligations in accordance with their terms.

  

	(iv)	Any Lender may request that its Loans be evidenced by a promissory note in substantially the form of Exhibit C (a “Note”). In such event, the Borrower shall prepare, execute and deliver to such
Lender such Note payable to the order of such Lender. Thereafter, the Loans evidenced by such Note and interest thereon shall at all times (prior to any assignment pursuant to Section 12.3) be represented by one or more Notes payable to
the order of the payee named therein, except to the extent that any such Lender subsequently returns any such Note for cancellation and requests that such Loans once again be evidenced as described in paragraphs (i) and
(ii) above. 

 2.14 Telephonic Notices. The Borrower hereby authorizes the Lenders and the Agent to
extend, convert or continue Advances, effect selections of Types of Advances and to transfer funds based on telephonic notices made by any person or persons the Agent or any Lender in good faith believes to be acting on behalf of the Borrower, it
being understood that the foregoing authorization is specifically intended to allow Borrowing Notices and Conversion/Continuation Notices to be given telephonically. The Borrower agrees to deliver promptly to the Agent a written confirmation, if
such confirmation is requested by the Agent or any Lender, of each telephonic notice, signed by an Authorized Officer. If the written confirmation differs in any material respect from the action taken by the Agent and the Lenders, the records of the
Agent and the Lenders shall govern absent manifest error. 

  
 21 

 2.15 Interest Payment Dates; Interest and Fee Basis. Interest accrued on each
Floating Rate Advance shall be payable in arrears on each Payment Date, commencing with the first such date to occur after the date hereof, on any date on which the Floating Rate Advance is prepaid, whether due to acceleration or otherwise, and at
maturity. Interest accrued on that portion of the outstanding principal amount of any Floating Rate Advance converted into a Eurodollar Advance on a day other than a Payment Date shall be payable on the date of conversion. Interest accrued on each
Eurodollar Advance shall be payable on the last day of its applicable Interest Period, on any date on which the Eurodollar Advance is prepaid, whether by acceleration or otherwise, and at maturity. Interest accrued on each Eurodollar Advance having
an Interest Period longer than three months shall also be payable on the last day of each three-month interval during such Interest Period. Interest on Floating Rate Advances when the Alternate Base Rate is determined by the Prime Rate shall be
calculated for actual days elapsed on the basis of a 365, or when appropriate 366, day year. All other computations of interest shall be calculated for actual days elapsed on the basis of a 360-day year. Interest shall be payable for the day an
Advance is made but not for the day of any payment on the amount paid if payment is received prior to noon at the place of payment. If any payment of principal of or interest on an Advance or any other amounts payable to the Agent or any Lender
hereunder shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest in connection
with such payment. 
 2.16 Notification of Advances, Interest Rates and Prepayments. Promptly after receipt thereof, the Agent
will notify each Lender of the contents of each Borrowing Notice, Conversion/Continuation Notice, and repayment notice received by it hereunder. The Agent will notify the Borrower and each Lender of the interest rate applicable to each Eurodollar
Advance promptly upon determination of such interest rate and will give the Borrower and each Lender prompt notice of each change in the Alternate Base Rate. 

2.17 Lending Installations. Each Lender may book its Loans at any Lending Installation selected by such Lender and may change
its Lending Installation from time to time. All terms of this Agreement shall apply to any such Lending Installation and the Loans and any Notes issued hereunder shall be deemed held by each Lender for the benefit of any such Lending Installation.
Each Lender may, by written notice to the Agent and the Borrower in accordance with Article XIII, designate replacement or additional Lending Installations through which Loans will be made by it and for whose account Loan payments are to be
made. 
 2.18 Non-Receipt of Funds by the Agent. Unless the Borrower or a Lender, as
the case may be, notifies the Agent prior to the time which it is scheduled to make payment to the Agent of (i) in the case of a Lender, the proceeds of a Loan or (ii) in the case of the Borrower, a payment of principal or interest to the
Agent for the account of the Lenders, that it does not intend to make such payment, the Agent may assume that such payment has been made. The Agent may, but shall not be obligated to, make the amount of such payment available to the intended
recipient in reliance upon such assumption. If such Lender or the Borrower, as the case may be, has not in fact made such payment to the Agent, the recipient of such payment shall, on demand by the Agent, repay to the Agent the amount so made
available together with interest thereon in respect of each day during the period commencing on the date such amount was so made available by the Agent until the date the Agent recovers such amount at a rate per annum equal to (x) in the case
of payment by a Lender, the Federal Funds Effective Rate for such day for the first three days and, thereafter, the interest rate applicable to the relevant Loan or (y) in the case of payment by the Borrower, the interest rate applicable to the
relevant Loan. 
 2.19 Replacement of Lender. If (x) any Lender requests compensation under Section 3.1, or
if the Borrower is required to pay any Indemnified Taxes or additional amounts to any Lender or any 

  
 22 

 
Governmental Authority for the account of any Lender pursuant to Section 3.5 and, in each case, such Lender has declined or is unable to promptly designate a different Lending
Installation in accordance with Section 3.7 which would eliminate any further claims for such indemnity or compensation, (y) any Lender is a Defaulting Lender or a Non-Consenting Lender or (z) any Lender’s obligation to
make or to convert or continue outstanding Loans or Advances as Eurodollar Loans or Eurodollar Advances has been suspended pursuant to Section 3.3, and, in each such case, such Lender has declined or is unable to promptly designate a
different Lending Installation in accordance with Section 3.7 which would eliminate any further suspension, then the Borrower may, at its sole expense and effort, upon notice to such Lender and the Agent, require such Lender to assign
and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section 12.3), all of its interests, rights (other than its existing rights to payments pursuant to
Section 3.1 or 3.5) and obligations under this Agreement and the related Loan Documents to an Eligible Assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment);
provided that: 
  

	(i)	the Agent shall have received the assignment fee specified in Section 12.3.3 unless waived by the Agent; 

  

	(ii)	such Lender shall have received payment of an amount equal to the outstanding principal of its Loans, accrued interest thereon and all other amounts payable to it hereunder and under the other Loan Documents (including
(other than with respect to any Defaulting Lender) any amounts under Section 3.4) from the assignee (to the extent of such outstanding principal and accrued interest) or the Borrower (in the case of all other amounts); 

 

	(iii)	in the case of any such assignment resulting from (x) a claim for compensation under Section 3.1 or payments required to be made pursuant to Section 3.5, such assignment will result in a
reduction in such compensation or payments thereafter or (y) a suspension under Section 3.3, such assignment shall be made to a Lender or Eligible Assignee which is not subject to such a suspension; 

 

	(iv)	such assignment does not conflict with Applicable Law; and 

  

	(v)	in the case of any assignment resulting from a Lender becoming a Non-Consenting Lender, the applicable assignee shall have consented to the applicable amendment, waiver or consent. 

A Lender shall not be required to make any such assignment if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling
the Borrower to require such assignment cease to apply. 
 2.20 [Intentionally Omitted]. 

2.21 [Intentionally Omitted]. 

2.22 [Intentionally Omitted]. 

2.23 [Intentionally Omitted]. 

  
 23 

 2.24 Defaulting Lenders. 

2.24.1 Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes
a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by Applicable Law: 
  

	(i)	Waivers and Amendments. Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required
Lenders. 

  

	(ii)	Defaulting Lender Waterfall. Any payment of principal, interest or other amounts received by the Agent for the account of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to
Article VIII or otherwise) or received by the Agent from a Defaulting Lender pursuant to Section 11.1 shall be applied at such time or times as may be determined by the Agent as follows: first, to the payment of any amounts
owing by such Defaulting Lender to the Agent hereunder; second, as the Borrower may request (so long as no Default or Unmatured Default exists), to the funding of any Loan in respect of which such Defaulting Lender has failed to fund its
portion thereof as required by this Agreement, as determined by the Agent; third, to the payment of any amounts owing to the Lenders as a result of any judgment of a court of competent jurisdiction obtained by any Lender against such
Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; fourth, so long as no Default exists, to the payment of any amounts owing to the Borrower as a result of any judgment of a court of
competent jurisdiction obtained by the Borrower against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; and fifth, to such Defaulting Lender or as otherwise directed by a
court of competent jurisdiction; provided that if (x) such payment is a payment of the principal amount of any Loans in respect of which such Defaulting Lender has not fully funded its appropriate share, and (y) such Loans were made
at a time when the conditions set forth in Section 4.1 were satisfied or waived, such payment shall be applied solely to pay the Loans of all Non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans
of such Defaulting Lender until such time as all Loans are held by the Lenders pro rata in accordance with the Aggregate Commitments as in effect on the Closing Date. Any payments, prepayments or other amounts paid or payable to a Defaulting Lender
that are applied (or held) to pay amounts owed by a Defaulting Lender shall be deemed paid to and redirected by such Defaulting Lender, and each Lender irrevocably consents hereto. 

2.24.2 Defaulting Lender Cure. If the Borrower and the Agent agree in writing that a Lender is no longer a Defaulting Lender, the
Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein, that Lender will, to the extent applicable, purchase at par that portion of outstanding Loans of
the other Lenders or take such other actions as the Agent may determine to be necessary to cause the Loans to be held by the Lenders in accordance with their respective Pro Rata Shares, whereupon such Lender will cease to be a Defaulting Lender;
provided that no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the Borrower while that Lender was a Defaulting Lender; and provided, further, that except to the extent
otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. 

  
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 2.25 Obligations of Lenders. 

2.25.1 Funding by Lenders; Presumption by the Agent. Unless the Agent shall have received notice from a Lender prior to the proposed
time of any borrowing that such Lender will not make available to the Agent such Lender’s share of such Advance, the Agent may assume that such Lender has made such share available on such date in accordance with the terms hereof and may, in
reliance upon such assumption, make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable borrowing available to the Agent, then the applicable Lender and the Borrower severally
agree to pay to the Agent forthwith on demand such corresponding amount with interest thereon, for each day from and including the date such amount is made available to the Borrower to but excluding the date of payment to the Agent, at (i) in
the case of a payment to be made by such Lender, the greater of the daily average Federal Funds Effective Rate and a rate determined by the Agent in accordance with banking industry rules on interbank compensation and (ii) in the case of a
payment to be made by the Borrower, the interest rate applicable to such Loans. If the Borrower and such Lender shall pay such interest to the Agent for the same or an overlapping period, the Agent shall promptly remit to the Borrower the amount of
such interest paid by the Borrower for such period. If such Lender pays its share of the applicable Advance to the Agent, then the amount so paid shall constitute such Lender’s Loan included in such borrowing. Any payment by the Borrower shall
be without prejudice to any claim the Borrower may have against a Lender that shall have failed to make such payment to the Agent. 
 2.25.2
Nature of Obligations of Lenders Regarding Extensions of Credit. The obligations of the Lenders under this Agreement to make the Loans are several and are not joint or joint and several. The failure of any Lender to make available its Pro
Rata Share of any Advance requested by the Borrower shall not relieve it or any other Lender of its obligation, if any, hereunder to make its Pro Rata Share of such Advance available on the Closing Date, but no Lender shall be responsible for the
failure of any other Lender to make its Pro Rata Share of such Advance available on the Closing Date. 
 ARTICLE III 

YIELD PROTECTION; TAXES 

3.1 Yield Protection.  

3.1.1 Increased Costs Generally. If any Change in Law shall: 
  

	(i)	impose, modify or deem applicable any reserve, special deposit, compulsory loan or similar requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except
any reserve requirement reflected in the LIBOR Rate); 

  

	(ii)	subject any Recipient to any Taxes (other than (A) Indemnified Taxes, (B) Excluded Taxes (other than Taxes measured by the overall capital or net worth of such Recipient) and (C) Other Connection Taxes)
on its loans, loan principal, letters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto; or 

  
 25 

	(iii)	impose on any Lender any other condition, cost or expense (other than Taxes or any reserve requirement then reflected in the LIBOR Rate) affecting this Agreement or Loans made by such Lender; 

and the result of any of the foregoing shall be to increase the cost to the Agent or such Lender of making, converting into, continuing or maintaining any
Loan (or of maintaining its obligation to make any such Loan), or to increase the cost to the Agent or such Lender, or to reduce the amount of any sum received or receivable by the Agent or such Lender (whether of principal, interest or any other
amount) then, upon written request of the Agent or such Lender, the Borrower shall promptly pay to the Agent or any such Lender such additional amount or amounts as will compensate the Agent or such Lender for such additional costs incurred or
reduction suffered; provided that the Borrower shall not be required to pay any such amounts to the Agent or any Lender under and pursuant to this Section which are owing as a result of any Specified Change if and to the extent the Agent or
such Lender is not at such time generally assessing such costs in a similar manner to other similarly situated borrowers with similar credit facilities. 

3.1.2 Capital Requirements. If any Lender determines that any Change in Law affecting such Lender or any Lending Installation of such
Lender or such Lender’s holding company, if any, regarding capital or liquidity requirements, has or would have the effect of reducing the rate of return on such Lender’s capital or on the capital of such Lender’s holding company, if
any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made by such Lender, to a level below that which such Lender or such Lender’s holding company could have achieved but for such Change in Law (taking into
consideration such Lender’s policies and the policies of such Lender’s holding company with respect to capital adequacy and liquidity), then from time to time the Borrower will pay to such Lender such additional amount or amounts as will
compensate such Lender or such Lender’s holding company for any such reduction suffered; provided that the Borrower shall not be required to pay any such amounts to any Lender under and pursuant to this Section which are owing as a
result of any Specified Change if and to the extent such Lender is not at such time generally assessing such costs in a similar manner to other similarly situated borrowers with similar credit facilities. 

3.1.3 Delay in Requests. Failure or delay on the part of any Lender to demand compensation pursuant to this Section shall not
constitute a waiver of such Lender’s right to demand such compensation; provided that the Borrower shall not be required to compensate a Lender pursuant to this Section for any increased costs incurred or reductions suffered more than
ninety (90) days prior to the date that such Lender notifies the Borrower of the Change in Law giving rise to such increased costs or reductions, and of such Lender’s intention to claim compensation therefor (except that, if the Change in
Law giving rise to such increased costs or reductions is retroactive, then the ninety-day period referred to above shall be extended to include the period of retroactive effect thereof). 

3.2 Changed Circumstances Affecting LIBOR Rate Availability. In connection with any request for a Eurodollar Loan or a Floating
Rate Loan as to which the interest rate is determined with reference to the Eurodollar Base Rate or a conversion to or continuation thereof, if for any reason (i) the Agent shall determine (which determination shall be conclusive and binding
absent manifest error) that Dollar deposits are not being offered to banks in the London interbank Eurodollar market for the applicable amount and Interest Period of such Loan, (ii) the Agent shall determine (which determination shall be
conclusive and binding absent manifest error) that reasonable and adequate means do not exist for the ascertaining the Eurodollar Base Rate for such Interest Period with respect to a proposed Eurodollar Loan or any Floating Rate Loan as to which the
interest rate is determined with reference to the Eurodollar Base Rate or (iii) the Required Lenders shall determine (which determination shall be 

  
 26 

 
conclusive and binding absent manifest error) that the Eurodollar Base Rate does not adequately and fairly reflect the cost to such Lenders of making or maintaining such Loans during such
Interest Period, then the Agent shall promptly give notice thereof to the Borrower. Thereafter, until the Agent notifies the Borrower that such circumstances no longer exist, the obligation of the Lenders to make Eurodollar Loans or Floating Rate
Loans as to which the interest rate is determined with reference to the Eurodollar Base Rate and the right of the Borrower to convert any Loan to or continue any Loan as a Eurodollar Loan or a Floating Rate Loan as to which the interest rate is
determined with reference to the Eurodollar Base Rate shall be suspended, and (i) in the case of Eurodollar Loans, the Borrower shall, at the Borrower’s option, either (A) repay in full (or cause to be repaid in full) the then
outstanding principal amount of each such Eurodollar Loan together with accrued interest thereon (subject to Section 2.15), on the last day of the then current Interest Period applicable to such Eurodollar Loan; or (B) convert,
without premium or penalty and without liability for any amounts payable pursuant to Section 3.4, the then outstanding principal amount of each such Eurodollar Loan to a Floating Rate Loan as to which the interest rate is not determined
by reference to the Eurodollar Base Rate as of the last day of such Interest Period; or (ii) in the case of Floating Rate Loans as to which the interest rate is determined by reference to the Eurodollar Base Rate, the Borrower shall convert the
then outstanding principal amount of each such Loan to a Floating Rate Loan as to which the interest rate is not determined by reference to the LIBOR Rate as of the last day of such Interest Period. 

3.3 Laws Affecting LIBOR Rate Availability. If, after the date hereof, the introduction of, or any change in, any Applicable Law
or any change in the interpretation or administration thereof by any Governmental Authority, central bank or comparable agency charged with the interpretation or administration thereof, or compliance by any of the Lenders (or any of their respective
Lending Offices) with any request or directive (whether or not having the force of law) of any such Governmental Authority, central bank or comparable agency, shall make it unlawful or impossible for any of the Lenders (or any of their respective
Lending Installations) to honor its obligations hereunder to make or maintain any Eurodollar Loans or any Floating Rate Loan as to which the interest rate is determined by reference to the Eurodollar Base Rate, such Lender shall promptly give notice
thereof to the Agent and the Agent shall promptly give notice to the Borrower and the other Lenders. Thereafter, until the Agent notifies the Borrower that such circumstances no longer exist, (i) the obligations of the Lenders to make
Eurodollar Loans or Floating Rate Loans as to which the interest rate is determined by reference to the Eurodollar Base Rate, and the right of the Borrower to convert any Loan or continue any Loan as a Eurodollar Loan or a Floating Rate Loan as to
which the interest rate is determined by reference to Eurodollar Base Rate shall be suspended and thereafter the Borrower may select only Floating Rate Loans as to which the interest rate is not determined by reference to the Eurodollar Base Rate
hereunder, (ii) all Floating Rate Loans shall cease to be determined by reference to the Eurodollar Base Rate and (iii) if any of the Lenders may not lawfully continue to maintain a Eurodollar Loan to the end of the then current Interest
Period applicable thereto, the applicable Loan shall immediately be converted to a Floating Rate Loan as to which the interest rate is not determined by reference to the Eurodollar Base Rate for the remainder of such Interest Period. 

3.4 Funding Indemnification. If (i) any payment of a Eurodollar Advance occurs on a date which is not the last day of the
applicable Interest Period, whether because of acceleration, prepayment or otherwise, (ii) a Eurodollar Advance is not made on the date specified by the Borrower in a Borrowing Notice or a Conversion/Continuation Notice for any reason other
than default by the Lenders, or (iii) a Eurodollar Advance is not prepaid on the date specified by the Borrower pursuant to Section 2.7 for any reason, then, except (a) as otherwise provided in this Agreement or (b) if
arising in connection with a Lender becoming a Defaulting Lender or the replacement of such Lender pursuant to Section 2.19, for any such amounts that would be owing to such Lender, the Borrower will indemnify each Lender for any loss or
cost incurred by it resulting therefrom, including any loss or cost in liquidating or employing deposits acquired to fund or maintain such Eurodollar Advance but excluding the Applicable Margin expected to be received by such Lender during the
remainder of such Interest Period. 

  
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 3.5 Taxes.  

3.5.1 [Intentionally Omitted]. 

3.5.2 Payments Free of Taxes. Any and all payments by or on account of any obligation of the Borrower under any Loan Document
shall be made without deduction or withholding for any Taxes, except as required by Applicable Law. If any Applicable Law (as determined in the good faith discretion of an applicable Withholding Agent) requires the deduction or withholding of any
Tax from any such payment by a Withholding Agent, then the applicable Withholding Agent 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, if such Tax is an Indemnified Tax, then the sum payable by the Borrower shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and withholdings
applicable to additional sums payable under this Section) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. 

3.5.3 Payment of Other Taxes by the Borrower. The Borrower shall timely pay to the relevant Governmental Authority in accordance with
Applicable Law, or at the option of the Agent timely reimburse it for the payment of, any Other Taxes. 
 3.5.4 Indemnification by the
Borrower. The Borrower shall indemnify each Recipient, within 30 days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this Section)
payable or paid by such Recipient or required to be withheld or deducted from a payment to such Recipient and any reasonable expenses arising therefrom or with respect thereto. A certificate as to the amount of such payment or liability delivered to
the Borrower by a Lender (with a copy to the Agent), or by the Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error. 

3.5.5 Indemnification by the Lenders. Each Lender shall severally indemnify the Agent, within 10 days after demand therefor, for
(i) any Indemnified Taxes attributable to such Lender (but only to the extent that the Borrower has not already indemnified the Agent for such Indemnified Taxes and without limiting the obligation of Borrower to do so), (ii) any Taxes
attributable to such Lender’s failure to comply with the provisions of Section 12.2 relating to the maintenance of a Participant Register and (iii) any Excluded Taxes attributable to such Lender, in each case, that are payable
or paid by the Agent in connection with any Loan Document, and any reasonable expenses arising therefrom or with respect thereto, whether or not such Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A
certificate as to the amount of such payment or liability delivered to any Lender by the Agent shall be conclusive absent manifest error. Each Lender hereby authorizes the Agent to set off and apply any and all amounts at any time owing to such
Lender under any Loan Document or otherwise payable by the Agent to the Lender from any other source against any amount due to the Agent under this Section 3.5.5. 

3.5.6 Evidence of Payments. As soon as practicable after any payment of Taxes by the Borrower to a Governmental Authority
pursuant to this Section 3.5, the Borrower shall deliver to the Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or other
evidence of such payment reasonably satisfactory to the Agent. 

  
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 3.5.7 Status of Lenders. 

 

	(i)	Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Loan Document shall deliver to the Borrower and the Agent, at the time or times reasonably
requested by the Borrower or the Agent, such properly completed and executed documentation reasonably requested by the Borrower or the Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In
addition, any Lender, if reasonably requested by the Borrower or the Agent, shall deliver such other documentation prescribed by Applicable Law or reasonably requested by the Borrower or the Agent as will enable the Borrower or the Agent to
determine whether or not such Lender is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation
(other than such documentation set forth in Sections 3.5.7(ii)(A), (ii)(B) and (ii)(D) below) shall not be required if in such applicable Lender’s reasonable judgment such completion, execution or submission would subject
such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Lender. 

  

	(ii)	Without limiting the generality of the foregoing, 

 (A) any Lender that is a U.S. Person shall deliver to the
Borrower and the Agent on or prior to the date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Agent), executed originals of IRS Form W-9 certifying that
such Lender is exempt from U.S. federal backup withholding tax; 
 (B) any Foreign Lender shall, to the extent it is legally entitled to do so, deliver to
the Borrower and the Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of
the Borrower or the Agent), whichever of the following is applicable: 
 (1) in the case of a Foreign Lender claiming the benefits of an income tax treaty
to which the United States is a party (x) with respect to payments of interest under any Loan Document, executed originals of IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. federal
withholding Tax pursuant to the “interest” article of such tax treaty and (y) with respect to any other applicable payments under any Loan Document, IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. federal
withholding Tax pursuant to the “business profits” or “other income” article of such tax treaty; 
  

	(2)	executed originals of IRS Form W-8ECI; 

 (3) in the case of a Foreign Lender claiming the benefits of the
exemption for portfolio interest under Section 881(c) of the Code, (x) a certificate substantially in the form of Exhibit E-1 to the effect that such Foreign Lender is not a “bank” within the meaning of
Section 881(c)(3)(A) of the Code, a “10 percent shareholder” of the Borrower within the meaning of Section 881(c)(3)(B) of the Code, or a “controlled foreign corporation” described in Section 881(c)(3)(C) of the
Code (a “U.S. Tax Compliance Certificate”) and (y) executed originals of IRS Form W-8BEN; or 

  
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 (4) to the extent a Foreign Lender is not the beneficial owner, executed originals of IRS Form W-8IMY,
accompanied by IRS Form W-8ECI, IRS Form W-8BEN, a U.S. Tax Compliance Certificate substantially in the form of Exhibit E-2 or E-3, IRS Form W-9, and/or other certification documents from each beneficial owner, as applicable;
provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate
substantially in the form of Exhibit E-4 on behalf of each such direct and indirect partner; 
 (C) any Foreign Lender shall, to the extent it is
legally entitled to do so, deliver to the Borrower and the Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time
thereafter upon the reasonable request of the Borrower or the Agent), executed originals of any other form prescribed by Applicable Law as a basis for claiming exemption from or a reduction in U.S. federal withholding Tax, duly completed, together
with such supplementary documentation as may be prescribed by Applicable Law to permit the Borrower or the Agent to determine the withholding or deduction required to be made; and 

(D) if a payment made to a Lender under any Loan Document would be subject to U.S. federal withholding Tax imposed by FATCA if such Lender were to fail to
comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall deliver to the Borrower and the Agent at the time or times prescribed by
Applicable Law and at such time or times reasonably requested by the Borrower or the Agent such documentation prescribed by Applicable Law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation
reasonably requested by the Borrower or the Agent as may be necessary for the Borrower and the Agent to comply with their obligations under FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to
determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (D), “FATCA” shall include any amendments made to FATCA after the date of this Agreement. 

Each Lender agrees that if any form or certification it previously delivered expires or becomes obsolete or inaccurate in any respect, it shall update such
form or certification or promptly notify the Borrower and the Agent in writing of its legal inability to do so. 
 3.5.8 Treatment of
Certain Refunds. If any party determines, in its sole discretion exercised in good faith, that it has received a refund of any Taxes as to which it has been indemnified pursuant to this Section 3.5 (including by the payment of
additional amounts pursuant to this Section 3.5), it shall pay to the indemnifying party an amount equal to such refund (but only to the extent of indemnity payments made under this Section with respect to the Taxes giving rise to such
refund), net of all out-of-pocket expenses (including Taxes) of such indemnified party and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund). Such indemnifying party, upon the request
of such 

  
 30 

 
indemnified party, shall repay to such indemnified party the amount paid over pursuant to this Section 3.5.8 (plus any penalties, interest or other charges imposed by the relevant
Governmental Authority) in the event that such indemnified party is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this Section 3.5.8, in no event will the indemnified party be
required to pay any amount to an indemnifying party pursuant to this Section 3.5.8 the payment of which would place the indemnified party in a less favorable net after-Tax position than the indemnified party would have been in if the
indemnification payments or additional amounts giving rise to such refund had never been paid. This paragraph shall not be construed to require any indemnified party to make available its Tax returns (or any other information relating to its Taxes
that it deems confidential) to the indemnifying party or any other Person. 
 3.5.9 Survival. Each party’s obligations under
this Section 3.5 shall survive the resignation or replacement of the Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all
obligations under any Loan Document. 
 3.6 Lender Statements; Survival of Indemnity. Each Lender shall deliver a written
statement of such Lender to the Borrower (with a copy to the Agent) as to the amount due, if any, under Section 3.1, 3.2, 3.4 or 3.5. Such written statement shall set forth in reasonable detail the calculations upon
which such Lender determined such amount and shall be final, conclusive and binding on the Borrower in the absence of manifest error. Determination of amounts payable under such Sections in connection with a Eurodollar Loan shall be calculated as
though each Lender funded its Eurodollar Loan through the purchase of a deposit of the type and maturity corresponding to the deposit used as a reference in determining the Eurodollar Rate applicable to such Loan, whether in fact that is the case or
not. Unless otherwise provided herein, the amount specified in the written statement of any Lender shall (unless the subject of a good faith dispute by the Borrower) be payable within fifteen (15) days after demand and receipt by the Borrower
of such written statement. The obligations of the Borrower under Sections 3.1, 3.2, 3.4 and 3.5 shall survive payment of the Obligations and termination of this Agreement. 

3.7 Alternative Lending Installation. If any Lender requests compensation under Section 3.1, or requires the
Borrower to pay any Indemnified Taxes or additional amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.5, or is unable to fund or maintain Eurodollar Advances or Eurodollar Loans, as
applicable, as a result of the circumstances described in Section 3.3, then such Lender shall (at the request of the Borrower) use reasonable efforts to designate a different Lending Installation for funding or booking its Loans
hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to
Section 3.1 or 3.5 or remedy the circumstances described in Section 3.3, as the case may be, in the future, and (ii) would not in the reasonable judgment of such Lender subject such Lender to any unreimbursed cost
or expense and would not otherwise be disadvantageous to such Lender. A Lender shall not be required to make any such delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrower to
require such delegation cease to apply. 
 ARTICLE IV 

CONDITIONS PRECEDENT 

4.1 Credit Extension. The effectiveness of this Agreement and the obligation of the Lenders to make the Credit Extension on the
Closing Date hereunder shall be subject to the satisfaction of the following conditions precedent and, if applicable, the delivery by the Borrower to the Agent of sufficient copies for the Lenders of: 

  
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 4.1.1 (a) Copies of the certificate of formation of the Borrower, together with all
amendments, certified by the appropriate governmental officer in the State of Delaware and certified by the secretary or assistant secretary of the Borrower and (b) a certificate of good standing, certified by the appropriate governmental
officer in the State of Delaware. 
 4.1.2 Copies, certified by the secretary or assistant secretary of the Borrower, of its limited
liability company agreement and of the resolutions of the board of directors of the managing member of the Borrower authorizing the execution of the Loan Documents to which the Borrower is a party. 

4.1.3 An incumbency certificate, executed by the secretary or assistant secretary of the Borrower, which shall identify by name and title
and bear the signatures of the officers of the Borrower authorized to sign the Loan Documents to which the Borrower is a party, upon which certificate the Agent and the Lenders shall be entitled to rely until informed of any change in writing by the
Borrower. 
 4.1.4 A certificate, signed by the chief financial officer or treasurer of the Borrower, stating that immediately after
giving effect to this Agreement, the other Loan Documents and all the transactions contemplated herein and therein to occur on the Closing Date, (a) no Default or Unmatured Default has occurred and is continuing and (b) all representations
and warranties contained herein and in the other Loan Documents are true and correct in all material respects on and as of the date made (except to the extent such representations and warranties expressly speak to an earlier date, in which case such
representation or warranty shall have been true and correct in all material respects on and as of such earlier date). 
 4.1.5 A
written opinion of the Borrower’s counsel, in form and substance reasonably satisfactory to the Agent and addressed to the Agent and the Lenders. 

4.1.6 A counterpart of this Agreement duly executed by the Borrower, together with duly executed Notes requested by a Lender pursuant to
Section 2.13 payable to the order of each such requesting Lender. 
 4.1.7 The Agent shall have received a Borrowing Notice
duly executed by the Borrower, together with a designation of the account or accounts to which the proceeds of the Credit Extension made on the Closing Date are to be disbursed. 

4.1.8 Borrower shall have provided to the Agent and the Lenders the documentation and other information requested by the Agent in order
to comply with requirements of the Act. 
 4.1.9 The Borrower shall have paid all invoiced fees, charges and disbursements of one
counsel to the Agent (directly to such counsel if requested by the Agent) to the extent accrued and unpaid prior to or on the Closing Date in accordance with Section 9.6. 

4.1.10 The Agent shall have received copies of all other documents, certificates and instruments reasonably requested thereby, with
respect to the transactions contemplated by this Agreement. 

  
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 The Agent shall promptly notify the Borrower and the Lenders of the Closing Date, and such notice
shall be conclusive and binding on all parties hereto. 
 ARTICLE V 

REPRESENTATIONS AND WARRANTIES 

The Borrower represents and warrants to the Lenders that on the Closing Date: 

5.1 Existence and Standing. Each of the Borrower and its Material Subsidiaries is a corporation, partnership (in the case of
Subsidiaries only) or limited liability company duly and properly incorporated or organized, as the case may be, validly existing and (to the extent such concept applies to such entity) in good standing under the laws of its jurisdiction of
incorporation or organization and has all requisite authority to conduct its business in each jurisdiction where the conduct of its business would require such qualification, except where the failure to be in good standing or have such authority
could not reasonably be expected to have a Material Adverse Effect. 
 5.2 Authorization and Validity. The Borrower has the
power and authority and legal right to execute and deliver the Loan Documents (as in effect on the date that this representation is made or deemed made) and to perform its obligations thereunder. The execution and delivery by the Borrower of the
Loan Documents (as in effect on the date that this representation is made or deemed made) and the performance of its obligations thereunder have been duly authorized by proper limited liability company or other applicable proceedings, and the Loan
Documents to which the Borrower is a party constitute legal, valid and binding obligations of the Borrower enforceable against the Borrower in accordance with their terms, except as enforceability may be limited by bankruptcy, insolvency,
reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity (whether enforcement is sought at equity or in law). 

5.3 No Conflict; Government Consent. Neither the execution and delivery by the Borrower of the Loan Documents, nor the
consummation of the transactions therein contemplated, nor compliance with the provisions thereof will (i) violate or conflict with the Borrower’s or any Material Subsidiary’s articles or certificate of incorporation, partnership
agreement, certificate of partnership, articles or certificate of organization, by laws, or operating or other management agreement, as the case may be, or (ii)(a) violate any law, rule, regulation, order, writ, judgment, injunction, decree or award
binding on the Borrower or any of its Material Subsidiaries or (b) contravene or conflict with the provisions of any indenture, instrument or agreement to which the Borrower or any of its Material Subsidiaries is a party or is subject, or by
which it, or its Property, is bound, or conflict with or constitute a default thereunder, or result in, or require, the creation or imposition of any Lien in, of or on the Property of the Borrower or a Material Subsidiary pursuant to the terms of
any such indenture, instrument or agreement, except for any such violations, contraventions, conflicts or defaults which, individually and in the aggregate, could not reasonably be expected to have a Material Adverse Effect. No material order,
consent, adjudication, approval, license, authorization, or validation of, or filing, recording or registration with, or exemption by, or other action in respect of any governmental or public body or authority, or any subdivision thereof, which has
not been obtained by the Borrower or any of its Material Subsidiaries, is required to be obtained by the Borrower or any of its Material Subsidiaries in connection with the execution and delivery of the Loan Documents, the borrowings under this
Agreement, the payment and performance by the Borrower of the Obligations thereunder or the legality, validity, binding effect or enforceability of any of the Loan Documents. 

  
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 5.4 Financial Statements. The annual consolidated financial statements of the
Borrower and its Subsidiaries delivered pursuant to Section 6.1.1 were prepared in accordance with GAAP and fairly present in all material respects the consolidated financial condition and operations of the Borrower and its Subsidiaries
at such date and the consolidated results of their operations for the year then ended. 
 5.5 Material Adverse Change. On and
as of the Closing Date, since December 31, 2011, except as (i) disclosed in the SEC Reports or (ii) disclosed to the Agent prior to the Closing Date and set forth on Schedule 3, there shall have been no change in the business,
Property, condition (financial or otherwise) or results of operations of the Borrower and its Subsidiaries, on a consolidated basis, which has had or could be reasonably expected to have a Material Adverse Effect. 

5.6 OFAC. None of the Borrower, any Subsidiary of the Borrower or any Affiliate of the Borrower is a Sanctioned Person or
Sanctioned Entity. The proceeds of any Loan will not be used and have not been used to fund any operations in, finance any investments or activities in, or make any payments to, a Sanctioned Person or a Sanctioned Entity. 

5.7 Litigation. On and as of the Closing Date, except as (i) disclosed in the SEC Reports or (ii) disclosed to the
Agent prior to the Closing Date and set forth on Schedule 4, there shall be no litigation, arbitration, governmental investigation, proceeding or inquiry pending or, to the knowledge of any of their officers, threatened against or affecting
the Borrower or any of its Subsidiaries which could reasonably be expected to have a Material Adverse Effect or which seeks to prevent, enjoin or delay the making of the Credit Extension on the Closing Date. 

5.8 Subsidiaries. Schedule 1 contains an accurate list of all Subsidiaries of the Borrower as of the date of this
Agreement (as updated from time to time pursuant to Section 6.1.3), setting forth which Subsidiaries are Material Subsidiaries and which Subsidiaries are Excluded Subsidiaries and setting forth each Subsidiary’s respective
jurisdictions of organization and the percentage of their respective capital stock or other ownership interests owned by the Borrower or other Subsidiaries. 

5.9 Margin Stock. Neither the Borrower nor any of its Subsidiaries is engaged principally or as one of its activities in the
business of extending credit for the purpose of “purchasing” or “carrying” any “margin stock” (as each such term is defined or used, directly or indirectly, in Regulation U). No part of the proceeds of any of the Loans
will be used for purchasing or carrying margin stock or for any purpose which violates the provisions of Regulation U or Regulation X. 

5.10 [Intentionally Omitted]. 

5.11 Investment Company Act. Neither the Borrower nor any Subsidiary is an “investment company” or a company
“controlled” by an “investment company”, within the meaning of the Investment Company Act of 1940, as amended. 

ARTICLE VI 
 COVENANTS

 During the term of this Agreement, unless the Required Lenders shall otherwise consent in writing: 

  
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 6.1 Financial Reporting. The Borrower will maintain, for itself and each
Subsidiary, a system of accounting established and administered in accordance with Agreement Accounting Principles, and furnish to the Agent: 

6.1.1 Within ninety (90) days after the close of each of its fiscal years, financial statements prepared in accordance with GAAP on
a consolidated basis for itself and its Subsidiaries, including balance sheets as of the end of such period, statements of income and statements of cash flows, setting forth in comparative form figures for the preceding fiscal year, accompanied by
an audit report, consistent with the requirements of the Securities and Exchange Commission, of a nationally recognized firm of independent public accountants or other independent public accountants reasonably acceptable to the Required Lenders.

 6.1.2 Within forty-five (45) days after the close of the first three quarterly periods of each of its fiscal years, financial
statements prepared in accordance with GAAP (other than with regard to the absence of footnotes and subject to changes resulting from audit and normal year-end audit adjustments to same) on a consolidated basis for itself and its Subsidiaries,
including, consolidated unaudited balance sheets as at the close of each such period and consolidated unaudited statements of income and a statement of cash flows for the period from the beginning of such fiscal year to the end of such quarter, in
each case setting forth in comparative form figures for the corresponding period of the preceding fiscal year, and accompanied by a certificate of the chief financial officer or treasurer of the Borrower to the effect that such quarterly financial
statements fairly present in all material respects the financial condition of the Borrower and its Subsidiaries on a consolidated basis as of their respective dates and have been prepared in accordance with GAAP (other than with regard to the
absence of footnotes and, subject to changes resulting from audit and normal year-end audit adjustments to same). 
 6.1.3 Together
with the financial statements required under Sections 6.1.1 and 6.1.2, (i) a compliance certificate in substantially the form of Exhibit A signed by an Authorized Officer (a) showing the calculations necessary to
determine compliance with Section 6.14, (b) stating that no Default or Unmatured Default exists, or if any Default or Unmatured Default exists, stating the nature and status thereof and (c) updating Schedule 1 with
respect to its Subsidiaries, Material Subsidiaries and Excluded Subsidiaries, if appropriate and (ii) such financial information as reasonable requested by the Agent, including, but not limited to consolidating financial statements, as is
necessary to account for Non-Recourse Indebtedness and Excluded EBITDA for purposes of determining the Consolidated Leverage Ratio. 

6.1.4 If requested, within 305 days after the close of each fiscal year of the Borrower, a copy of the actuarial report showing the
Unfunded Liabilities of each Single Employer Plan as of the valuation date occurring in such fiscal year, certified by an actuary enrolled under ERISA. 

6.1.5 As soon as possible and in any event within ten (10) days after an Authorized Officer knows that any Reportable Event has
occurred with respect to any Plan that could reasonably be expected to have a Material Adverse Effect, a statement, signed by an Authorized Officer, describing said Reportable Event and the action which the Borrower proposes to take with respect
thereto. 
 6.1.6 From time to time such additional information regarding the financial position or business of the Borrower and its
Subsidiaries as the Agent, at the request of any Lender, may reasonably request, including the support for any pro forma calculations hereunder. 

  
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 6.1.7 Promptly upon the filing thereof, copies of all registration statements (other than
any registration statement on Form S-8 and any registration statement in connection with a dividend reinvestment plan, shareholder purchase plan or employee benefit plan) and reports on form 10-K, 10-Q or 8-K (or their equivalents) which the
Borrower or any of its Subsidiaries files with the Securities and Exchange Commission. 
 6.1.8 Promptly upon obtaining knowledge
thereof, notice of any change in the Borrower’s Debt Rating. 
 6.1.9 Promptly upon the request thereof, such other information
and documentation required by bank regulatory authorities under applicable “know your customer” and Anti-Money Laundering rules and regulations (including the Act), as from time to time reasonably requested by the Agent or any Lender. 

Information required to be delivered pursuant to these Sections 6.1.1, 6.1.2, 6.1.5 and 6.1.7 shall be deemed to
have been delivered on the date on which the Borrower provides notice to the Agent that such information has been posted on the Securities and Exchange Commission website on the Internet at sec.gov, on the Borrower’s SyndTrak site or at another
website identified in such notice and accessible by the Lenders without charge; provided that (i) such notice may be included in a certificate delivered pursuant to Section 6.1.3 and such notice or certificate shall also be
deemed to have been delivered upon being posted to the Borrower’s SyndTrak site or such other website and (ii) the Borrower shall deliver paper copies of the information referred to in Sections 6.1.1, 6.1.2, 6.1.5 and
6.1.7 to any Lender which requests such delivery. 
 Notwithstanding anything herein to the contrary, so long as each Lender is a
“Lender” under and as defined in the 2011 Credit Agreement, information delivered pursuant to Sections 6.1.1, 6.1.2, 6.1.5 and 6.1.7 of the 2011 Credit Agreement shall be deemed delivered under Sections 6.1.1, 6.1.2,
6.1.5 and 6.1.7 hereof, respectively; provided that, if any Lender shall cease to be a “Lender” under and as defined in the 2011 Credit Agreement, the Borrower shall be required to separately deliver such information
pursuant to the terms of this Agreement, which information may be posted on the Securities and Exchange Commission website on the Internet at sec.gov, on the Borrower’s IntraLinks site or at another website identified in such notice and
accessible by the Lenders without charge. 
 6.2 Use of Proceeds. The Borrower will use the proceeds of the Credit Extension
on the Closing Date to refinance existing indebtedness and for working capital and general corporate purposes of the Borrower and its Subsidiaries, including capital expenditures, permitted acquisitions, permitted investments, permitted
distributions and the payment of Transaction Costs. 
 6.3 Notice of Default. The Borrower will deliver to the Agent within
five (5) days after any Authorized Officer with responsibility relating thereto obtains knowledge of any Default or Unmatured Default and, if such Default or Unmatured Default is then continuing, a certificate of an Authorized Officer of the
Borrower setting forth the details thereof and the action which the Borrower is taking or proposes to take with respect thereto. 
 6.4
Maintenance of Existence. The Borrower will preserve, renew and keep in full force and effect, and will cause each Material Subsidiary to preserve, renew and keep in full force and effect their respective corporate or other legal
existence and their respective rights, privileges and franchises material to the normal conduct of their respective businesses; provided that nothing in this Section 6.4 shall prohibit (i) any transaction permitted pursuant
to Section 6.10 or (ii) the termination of any right, privilege or franchise of the Borrower or any Material Subsidiary or of the corporate or other legal existence of any Material Subsidiary or the change in form of organization of
the Borrower or any Material Subsidiary which could not reasonably be expected to result in a Material Adverse Effect. 

  
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 6.5 Taxes. The Borrower will, and will cause each Material Subsidiary to file all
United States federal tax returns and all other material tax returns which are required to be filed. The Borrower will, and will cause each Material Subsidiary to, pay when due all taxes, assessments and governmental charges and levies upon it or
its income, profits or Property, except (i) where the failure to pay could not reasonably be expected to result in a Material Adverse Effect or (ii) those which are being contested in good faith by appropriate proceedings and with respect
to which adequate reserves are maintained in accordance with GAAP. 
 6.6 Insurance. The Borrower will, and will cause each
Material Subsidiary to, maintain with financially sound and reputable insurance companies insurance on their Property in such amounts, subject to such deductibles and self-insurance retentions, and covering such risks as is consistent with sound
business practice, and the Borrower will furnish to the Agent upon request full information as to the insurance carried. 
 6.7
Compliance with Laws. The Borrower will, and will cause each Material Subsidiary to, comply in all material respects with all laws, statutes, rules, regulations, orders, writs, judgments, injunctions, restrictions, decrees or awards of
any domestic or foreign government or any instrumentality or agency thereof having jurisdiction over the conduct of their respective businesses or the ownership of their respective Property to which it may be subject including all Environmental Laws
and all Applicable Laws involving transactions with, investments in or payments to Sanctioned Persons or Sanctioned Entities, except (i) where failure to so comply could not reasonably be expected to result in a material adverse effect on the
ability of the Borrower to perform its obligations under this Agreement or (ii) the necessity of compliance therewith is being contested in good faith by appropriate proceedings. 

6.8 Maintenance of Properties. Subject to Section 6.10, the Borrower will, and will cause each Material Subsidiary
to keep its Property necessary and material to the operation of its business in good repair, working order and condition, ordinary wear and tear excepted. 

6.9 Inspection; Keeping of Books and Records. The Borrower will, and will cause each Material Subsidiary to, permit the Agent
and the Lenders, by their respective representatives and agents, to inspect any of the Property (subject to such physical security requirements as the Borrower or the applicable Material Subsidiary may reasonably require), to examine and make copies
of the books of accounts and other financial records of the Borrower and each Material Subsidiary (except to the extent that such access is restricted by law or by a bona fide non-disclosure agreement not entered into for the purpose of evading the
requirements of this Section), and to discuss the affairs, finances and accounts of the Borrower and each Material Subsidiary with, and to be advised as to the same by, their respective officers upon reasonable notice and at such reasonable times
and intervals as the Agent or any Lender may designate; provided that with the exception of any such visit or inspection conducted during the continuance of a Default, such visits and inspections may be conducted no more frequently (in the
aggregate among the Agent and the Lenders) than once in any twelve month period. The Borrower shall keep and maintain, and cause each of its Material Subsidiaries to keep and maintain, in all material respects, proper books of record and account in
which entries shall be made of all dealings and transactions in relation to their respective businesses and activities in sufficient detail as may be required or as may be necessary to permit the preparation of financial statements in accordance
with GAAP. 
 6.10 Fundamental Changes. 

  
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 6.10.1 The Borrower will not, and will not permit any of its Material Subsidiaries to,
(a) enter into any transaction of merger or (b) consolidate, liquidate, wind up or dissolve itself (or suffer any liquidation or dissolution); provided, that as long as no Default or Unmatured Default exists and is continuing or
would be caused thereby: (i) a Person (including a Subsidiary of the Borrower) may be merged or consolidated with or into the Borrower so long as (A) the Borrower shall be the continuing or surviving entity and (B) the Borrower
remains liable for its obligations under this Agreement and all the rights and remedies hereunder remain in full force and effect, (ii) a Material Subsidiary may (A) merge or consolidate with or into another Subsidiary of the Borrower or
(B) merge or consolidate with or into any other Person (other than the Borrower, which shall be governed by clause (i) of this Section) so long as either (x) such Material Subsidiary shall be the surviving entity of such merger
or consolidation or (y) upon such merger or consolidation, such other Person would become a Material Subsidiary of the Borrower and (iii) the Borrower or any Subsidiary may otherwise take such action to the extent permitted by
Section 6.10.2. 
 6.10.2 (a) The Borrower will not, and will not permit any of its Subsidiaries to, directly or
indirectly, convey, sell, lease, transfer, or otherwise dispose of all or substantially all of the assets of the Borrower and its Subsidiaries on a consolidated basis. 

(b) The Borrower will not, and will not permit any of its Subsidiaries to, directly or indirectly, convey, sell, lease, transfer, or otherwise
dispose of assets (including interests in any Person), businesses or operations of any Person; provided, that, subject to clause (a) above, (i) the Borrower and its Subsidiaries may enter into sales and leases of inventory in
the ordinary course of business, (ii) the Borrower and its Subsidiaries may enter into leases of transportation capacity, storage capacity, and/or processing capacity in the ordinary course of business, (iii) the Borrower and its
Subsidiaries may enter into conveyances, sales, leases, transfers, or other disposition of obsolete, surplus or unusable equipment in the ordinary course of its business and (iv) if no Default or Unmatured Default exists and is continuing or
would be caused thereby, the Borrower and its Subsidiaries may convey sale, lease, transfer or dispose of other assets. 
 (c)
Notwithstanding the foregoing clauses (a) and (b), nothing herein shall be deemed to prohibit (i) an IPO or (ii) the Borrower or any Subsidiary from conveying, selling, leasing, transferring, or otherwise disposing of
any assets to any other Subsidiary or to the Borrower. 
 6.11 Indebtedness. 

6.11.1 The Borrower shall not incur any Indebtedness unless after giving effect thereto the Borrower is in compliance with the financial
covenant in Section 6.14 on a pro forma basis. 
 6.11.2 The Borrower will not permit its Subsidiaries (other than Excluded
Subsidiaries) to create, assume or incur any Indebtedness except for the following: 
 (a) Indebtedness created under the Loan
Documents, Indebtedness created under the 2011 Credit Agreement and Indebtedness existing on the Closing Date as set forth on Schedule 2 and extensions, renewals and replacements of any such Indebtedness in a principal amount not in excess of
that outstanding as of the date hereof. 
 (b) Indebtedness of any Subsidiary to the Borrower or any other Subsidiary. 

  
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 (c) Unsecured Indebtedness of a Person that becomes a Subsidiary (including by way of
acquisition, merger or consolidation) after the Closing Date; provided that such Indebtedness was not incurred in contemplation of such Person becoming a Subsidiary, together with extensions, renewals and replacements of any such Indebtedness
in a principal amount not in excess of that outstanding as of the date of such extension, renewal or replacement. 
 (d) Guarantees of
Indebtedness of any Subsidiary by any other Subsidiary permitted hereunder. 
 (e) Indebtedness of any Subsidiary (or any Person that
will become a Subsidiary (including by way of acquisition, merger or consolidation) after the Closing Date, provided that such Indebtedness is not incurred in contemplation of such entity becoming a Subsidiary) secured by a Lien permitted pursuant
to Section 6.12.1, together with extensions, renewals and replacements of any such Indebtedness in a principal amount not in excess of that outstanding as of the date of such extension, renewal or replacement. 

(f) Indebtedness in respect of Swap Agreements or credit support in respect thereof entered into the ordinary course of business for the
purpose of directly mitigating risks associated with liabilities, commitments, investments, assets or property held or reasonably anticipated. 

(g) Indebtedness in respect of a receivables securitization program in an aggregate amount not to exceed at any one time outstanding
(when consolidated with the aggregate amount of receivables securitization debt outstanding as permitted Section 6.12.20) 5% of Consolidated Tangible Net Assets. 

(h) Guarantees by any Subsidiary of Indebtedness of the Borrower (other than any such Indebtedness for which such Subsidiary is jointly
and severally liable as a co-obligor pursuant to the terms thereof) to the extent such Subsidiary has guaranteed the Indebtedness of the Borrower under this Agreement on terms and conditions satisfactory to the Agent. 

(i) Non-Recourse Indebtedness. 

(j) Indebtedness in an aggregate amount not to exceed at any one time outstanding (when consolidated with the aggregate amount of secured
debt outstanding as permitted by Section 6.12.23), the greater of (A) $200,000,000 and (B) 15% of Consolidated Tangible Net Assets. 

6.12 Liens. The Borrower will not, nor will it permit any Material Subsidiary (other than an Excluded Subsidiary) to,
create, incur, or suffer to exist any Lien in, of or on the Property of the Borrower or any of its Material Subsidiaries (other than Excluded Subsidiaries), except: 

6.12.1 Any Lien securing Indebtedness, including a Capital Lease, incurred or assumed for the purpose of financing all or any part of the
cost of acquiring, repairing, constructing or improving fixed or capital assets; provided that such Lien shall be created substantially simultaneously with or within 12 months after the acquisition thereof or the completion of the repair,
construction or improvement thereof (including Liens in favor of the United States of America or any state thereof, or any department, agency or instrumentality or political subdivision of the United States of America or any state thereof, or for
the benefit of holders of securities issued by any such entity to finance any of the foregoing). 

  
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 6.12.2 Any Lien on any asset of any Person existing at the time such company is merged or
consolidated with or into the Borrower or any Subsidiary, or otherwise becomes a Subsidiary; provided that (i) such Liens existed at the time such Person became a Subsidiary and were not created in anticipation thereof, and (ii) any
such Lien does not encumber any other property or assets of the Borrower or any of its Subsidiary (other than additions thereto, proceeds thereof and property in replacement or substitution thereof). 

6.12.3 Any Lien existing on any asset prior to the acquisition thereof by the Borrower or a Subsidiary; provided that
(i) such Liens existed at the time of such acquisition and were not created in anticipation thereof, and (ii) any such Lien does not encumber any other property or assets (other than additions thereto, proceeds thereof and property in
replacement or substitution thereof). 
 6.12.4 Any Lien arising out of the refinancing, extension, renewal or refunding of any debt
secured by any Lien permitted by any of the foregoing clauses or Section 6.12.1, 6.12.2, 6.12.3, 6.12.14, 6.12.15 or 6.12.19; provided that no such Lien shall encumber any additional assets
(other than additions thereto and property in replacement or substitution thereof). 
 6.12.5 Liens for taxes, assessments or
governmental charges or levies on its Property (i) not yet due or delinquent (after giving effect to any applicable grace period) or (ii) which are being contested in good faith and by appropriate proceedings if adequate reserves are
maintained to the extent required by GAAP. 
 6.12.6 Liens imposed by law, such as landlords’, carriers’,
warehousemen’s, materialmen’s, interest owner’s of oil and gas production and mechanics’ liens and other similar Liens arising in the ordinary course of business which secure payment of obligations not more than 60 days past due
or which are being contested in good faith by appropriate proceedings and for which adequate reserves are maintained in accordance with GAAP. 

6.12.7 (i) Liens arising out of pledges or deposits, surety bonds or performance bonds, in each case relating to or under worker’s
compensation laws, unemployment insurance, old age pensions, or other social security or retirement benefits, or similar legislation or (ii) deposits to secure the performance of bids, trade contracts (other than for borrowed money), leases,
statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature or arising as a result of progress payments under government contracts, in each case incurred in the ordinary course of business. 

6.12.8 Easements (including reciprocal easement agreements and utility agreements), reservations, rights-of-way, covenants, consents,
encroachments, variations, charges, restrictions, survey exceptions and other similar encumbrances as to real property of the Borrower and its Subsidiaries which do not materially interfere with the conduct of the business of the Borrower or such
Subsidiary conducted at the property subject thereto. 
 6.12.9 Liens arising by reason of any judgment, decree or order of any court
or other governmental authority which do not result in a Default. 
 6.12.10 Liens on deposits required by any Person with whom the
Borrower or any of its Subsidiaries enters into Swap Agreements or any credit support therefor, in each case, in the ordinary course of business for the purpose of directly mitigating risks associated with liabilities, commitments, investments,
assets or property held or reasonably anticipated. 

  
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 6.12.11 Liens, including Liens imposed by Environmental Laws, that (i) do not secure
Indebtedness, (ii) do not secure obligations in an aggregate amount exceeding $50,000,000 at any time that Investment Grade Status does not exist, and (iii) do not in the aggregate materially detract from the value of its assets (other
than to the extent of such Lien) or materially impair the use thereof in the operation of its business. 
 6.12.12 deposits securing
liability to insurance carriers under insurance or self-insurance arrangements. 
 6.12.13 Liens securing Indebtedness of the Borrower
to a Subsidiary or of a Subsidiary to the Borrower or another Subsidiary. 
 6.12.14 Liens created or assumed by the Borrower or a
Subsidiary on any contract for the permitted sale of any product or service or any proceeds therefrom (including accounts and other receivables) or related to the operation or use of any acquired property and created not later than 18 months after
the later of the date such acquisition or the commencement of full operation of such property. 
 6.12.15 Liens created by the Borrower
or a Subsidiary on advance payment obligations by such Person to secure indebtedness incurred to finance advances for oil, gas hydrocarbon and other mineral exploration and development. 

6.12.16 Liens securing obligations, neither assumed by the Borrower or any Subsidiary nor on account of which the Borrower or any
Subsidiary customarily pays interest, upon real estate or under which the Borrower or any Subsidiary has a right-of-way, easement, franchise or other servitude or of which the Borrower or any Subsidiary is the lessee of the whole thereof or any
interest therein for the purpose of locating pipe lines, substations, measuring stations, tanks, pumping or delivery equipment or similar equipment. 

6.12.17 Liens arising by virtue of any statutory or common law provision relating to banker’s liens, rights of setoff or similar
rights as to deposit accounts or other funds maintained with a depository institution and Liens of a collecting bank arising in the ordinary course of business under Section 4-210 of the Uniform Commercial Code in effect in the relevant
jurisdiction. 
 6.12.18 Liens granted to the administrative agent, for the benefit of the lenders, in the “Facility LC Collateral
Account” under (and as defined in) the 2011 Credit Agreement or pursuant to Section 2.20.13 of the 2011 Credit Agreement. 

6.12.19 Liens existing on the Closing Date as set forth on Schedule 5.  

6.12.20 Liens arising in connection with a receivables securitization program securing Indebtedness in an aggregate amount not to exceed
at any one time outstanding (when consolidated with the aggregate amount of Indebtedness outstanding incurred by Subsidiaries of the Borrower permitted in Section 6.11.2(g)), 5% of Consolidated Tangible Net Assets. 

  
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 6.12.21 Leases and subleases of real property owned or leased by the Borrower or any
Subsidiary and not materially interfering with the ordinary conduct of the business of the Borrower and the Subsidiaries. 

6.12.22 Cash collateral and other Liens securing obligations incurred in the ordinary course of its energy marketing business. 

6.12.23 Liens not described in or otherwise permitted by Sections 6.12.1 through 6.12.22, inclusive, securing indebtedness
in an aggregate amount not to exceed at any one time outstanding (when consolidated with the aggregate amount of Indebtedness outstanding incurred by Non-Excluded Subsidiaries of the Borrower permitted in Section 6.11.2(j)), the greater
of (A) $200,000,000 and (B) 15% of Consolidated Tangible Net Assets. 
 6.13 Affiliates. The Borrower will not,
and will not permit any Material Subsidiary to, directly or indirectly, enter into any transaction (including the purchase or sale of any Property or service) with, or make any payment or transfer to, any Affiliate (other than transactions between
(i) the Borrower and any Non-Excluded Subsidiary, (ii) any Non-Excluded Subsidiary and another Non-Excluded Subsidiary or (iii) any Excluded Subsidiary and another Excluded Subsidiary) except upon fair and reasonable terms no less
favorable to the Borrower or such Subsidiary than the Borrower or such Subsidiary would obtain in a comparable arms length transaction; provided, that this Section shall not prohibit (a) any Restricted Payment permitted under
Section 6.16, (b) the provision by Borrower of credit support for Swap Agreements and other commodities contracts entered into by its Affiliates permitted hereunder, (c) intercompany loans by OGE to the Borrower and its
Subsidiaries, (d) customary arrangements among Affiliates relating to the administrative or management services authorized by the Borrower’s or such Subsidiary’s organizational documents or board of directors or other governing body
(or committee thereof), (e) equity investments by the Borrower and its Subsidiaries made after the Closing Date in any such Affiliates in an amount not to exceed $200,000,000, in the aggregate, at any one time (after giving effect to all
returns of capital), (f) any transaction subject to the jurisdiction, approval, consent or oversight of any regulatory body or compliance with any applicable regulation, rule or guideline of any such regulatory body and (g) the
transactions set forth on Schedule 6. 
 6.14 Consolidated Leverage Ratio.  

6.14.1 Subject to Section 6.14.2, the Consolidated Leverage Ratio shall, as of the last day of each fiscal quarter of the
Borrower, be less than or equal to 5.00 to 1.0; provided that, for the three fiscal quarter ends following any date that the Borrower and its Material Subsidiaries have consummated an acquisition that causes them to meet the definition of
Significant Acquisition for the prior twelve month period (including the fiscal quarter in which the definition of Significant Acquisition was met) the Consolidated Leverage Ratio, as of the last day of each such fiscal quarter, shall instead be
less than or equal to 5.50 to 1.0. 
 6.14.2 For purposes of calculating compliance with the financial covenant set forth in
Section 6.14.1, Consolidated EBITDA may include, at Borrower’s option, any Qualified Project EBITDA Adjustments as provided in the definition thereof. 

6.15 Excluded Subsidiaries. The Borrower shall take such action as is necessary (including, at the Borrower’s option,
subject to Section 9.16, designating a Subsidiary that was previously an Excluded Subsidiary as a Non-Excluded Subsidiary and/or transferring assets from an Excluded Subsidiary to a Non-Excluded Subsidiary) to ensure that the aggregate
assets owned by all Excluded Subsidiaries does not exceed, at any one time, 15% of consolidated assets of the Borrower and its Subsidiaries, as determined by the most recent balance sheet delivered by the Borrower pursuant to
Section 6.1. 

  
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 6.16 Restricted Payments. The Borrower shall not, and shall not permit its
Subsidiaries to, make any Restricted Payments other than the following: (a) ratable distributions by Subsidiaries and joint ventures of the Borrower or its Subsidiaries, to the Borrower and/or to Subsidiaries of the Borrower and the other joint
venturers therein, (b) ratable distributions paid only in common (non-preferential and non-redeemable) equity securities, (c) distributions in connection with stock option or other benefit plans for management and employees,
(d) payment of management, marketing services, credit support and general and administrative fees and expenses in accordance with its governing documents and/or the other arrangements or agreements permitted by Section 6.13, and
payment of or reimbursement for (or indemnification for) costs, fees and expenditures made or incurred for or on behalf of it or its Subsidiaries by any Person in connection with providing such services, and (e) if and to the extent that no
Default then exists or would result therefrom, payment of monthly, quarterly and special distributions in amount not to exceed (i) the amount by which the Borrower’s cash on hand exceeds its current and anticipated needs for maintenance
capital expenditures, operating expenses, debt service and a reasonable contingency reserve (as determined from time to time by the Borrower’s management in accordance with the Borrower’s operating agreement) or (ii) after the
occurrence of an IPO, and, to the extent relevant, if greater than the amount set forth in clause (i), the aggregate amount necessary to provide the Borrower’s post-IPO managing member, taking into account such managing
member’s allocable portion of any such distribution, and any master limited partnership formed for purposes of an IPO with any shortfall in such master limited partnership’s available cash to fund any periodic minimum distributions to such
master limited partnership’s unitholders; it being acknowledged that the Borrower may make borrowings under this Agreement to fund any permitted distribution. 

6.17 Nature of Business. The Borrower and its Subsidiaries shall not engage in any business other than such business that
is substantially the same as conducted by the Borrower and its Subsidiaries as of the Closing Date and other businesses in the energy industry reasonably related thereto (including the gathering, fractionation, distillation, marketing, processing,
purchase, sale, storage, trading, treatment, and transportation of natural gas, natural gas liquids, crude oil, and their products). 

ARTICLE VII 
 DEFAULTS

 The occurrence of any one or more of the following events shall constitute a Default: 

7.1 Any representation or warranty made or deemed made by or on behalf of the Borrower under or in connection with this Agreement, the
Credit Extension on the Closing Date, or any certificate or information delivered in connection with this Agreement or any other Loan Document shall be incorrect or untrue in any material respect when made or deemed made. 

7.2 Nonpayment of (i) principal of any Loan when due, (ii) interest upon any Loan or of any fee under any of the Loan Documents
within five (5) Business Days after the same becomes due or (iii) any other obligation or liability under this Agreement or any other Loan Document within thirty (30) days after the same becomes due. 

7.3 (a) The breach by the Borrower of any of the terms or provisions of Section 6.2, 6.3 (provided that such
Default shall be deemed automatically cured or waived upon the delivery of such notice or the cure or waiver of the related Unmatured Default or Default, as applicable), 6.4 (with respect 

  
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to the Borrower’s or any Material Subsidiary’s existence), 6.10, 6.11, 6.12, 6.13 or 6.14, (b) the breach by the Borrower of any of the terms or
provisions of Section 6.1.1, 6.1.2, 6.1.3, or 6.1.8 which is not remedied within five (5) Business Days after written notice thereof is given by the Agent or a Lender to the Borrower or (c) the breach by
the Borrower of any of the terms or provisions of Section 6.16 or 6.17 which is not remedied within five (5) Business Days after the earlier of (i) written notice is given to the Borrower by the Agent or a Lender and
(ii) the date an Authorized Officer becomes aware of such Default. 
 7.4 The breach by the Borrower (other than a breach which
constitutes a Default under another Section of this Article VII) of any of the terms or provisions of this Agreement which is not remedied within thirty (30) days after written notice thereof is given by the Agent or a Lender to the
Borrower. 
 7.5 (a) Failure of the Borrower or any Material Subsidiary to pay when due (after any applicable grace period) any
Material Indebtedness; (b) the Borrower or any Material Subsidiary shall default (after the expiration of any applicable grace period) in the observance or performance of any covenant or agreement relating to any Material Indebtedness and as a
result thereof such Material Indebtedness shall be declared to be due and payable or required to be prepaid or repurchased (other than by a regularly scheduled payment) prior to the stated maturity thereof; provided that the foregoing shall
not apply to any mandatory prepayment or optional redemption of any Indebtedness which would be required to be repaid in connection with the consummation of a transaction by the Borrower or any such Subsidiary not prohibited pursuant to this
Agreement; or (c) the Borrower or any of its Material Subsidiaries shall not pay, or admit in writing its inability to pay, its debts generally as they become due. 

7.6 The Borrower or any of its Material Subsidiaries shall (i) have an order for relief entered with respect to it under the Federal
bankruptcy laws as now or hereafter in effect, (ii) make an assignment for the benefit of creditors, (iii) apply for, seek, consent to, or acquiesce in, the appointment of a receiver, custodian, trustee, examiner, liquidator or similar
official for it or any Substantial Portion of its Property, (iv) institute any proceeding seeking an order for relief under the Federal bankruptcy laws as now or hereafter in effect or seeking to adjudicate it a bankrupt or insolvent, or
seeking dissolution, winding up, liquidation, reorganization, arrangement, adjustment or composition of it or its debts under any law relating to bankruptcy, insolvency or reorganization or relief of debtors, (v) take any formal corporate or
partnership action to authorize or effect any of the foregoing actions set forth in this Section 7.6, or (vi) fail to contest within the applicable time period any appointment or proceeding described in Section 7.7. 

7.7 Without the application, approval or consent of the Borrower or any of its Material Subsidiaries, a receiver, trustee, examiner,
liquidator or similar official shall be appointed for the Borrower or any of its Material Subsidiaries or any Substantial Portion of its Property, or a proceeding described in Section 7.6(iv) shall be instituted against the Borrower or
any of its Material Subsidiaries and such appointment continues undischarged or such proceeding continues undismissed or unstayed for a period of ninety (90) consecutive days. 

7.8 A judgment or other court order for the payment of money in excess of $65,000,000 (net of any amounts paid or covered by independent
third party insurance as to which the relevant insurance company does not dispute coverage) shall be rendered against the Borrower or any Material Subsidiary and such judgment or order shall continue without being vacated, discharged, satisfied or
stayed or bonded pending appeal for a period of forty-five (45) days. 
 7.9 The Unfunded Liabilities of all Single Employer Plans
could in the aggregate reasonably be expected to result in a Material Adverse Effect or any Reportable Event shall occur in connection with any Plan that could reasonably be expected to have a Material Adverse Effect. 

  
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 7.10 Any Change in Control shall occur. 

7.11 The Borrower or any other member of the Controlled Group shall have been notified by the sponsor of a Multiemployer Plan that it has
incurred, pursuant to Section 4201 of ERISA, withdrawal liability to such Multiemployer Plan in an amount which, when aggregated with all other amounts required to be paid to Multiemployer Plans by the Borrower or any other member of the
Controlled Group as withdrawal liability (determined as of the date of such notification), exceeds $65,000,000. 
 7.12 The Borrower or
any other member of the Controlled Group shall have been notified by the sponsor of a Multiemployer Plan that such Multiemployer Plan is in reorganization or is being terminated, within the meaning of Title IV of ERISA, if as a result of such
reorganization or termination the aggregate annual contributions of the Borrower and the other members of the Controlled Group (taken as a whole) to all Multiemployer Plans which are then in reorganization or being terminated have been or will be
increased, in the aggregate, over the amounts contributed to such Multiemployer Plans for the respective plan years of such Multiemployer Plans immediately preceding the plan year in which the reorganization or termination occurs by an amount
exceeding $65,000,000. 
 7.13 Any material portion of this Agreement or any Note shall fail to remain in full force or effect or any
action shall be taken by the Borrower to assert the invalidity or unenforceability of any such Loan Document. 
 ARTICLE VIII 

ACCELERATION, WAIVERS, AMENDMENTS AND REMEDIES 

8.1 Acceleration/Remedies.  

8.1.1 (i) If any Default described in Section 7.6 or 7.7 occurs with respect to the Borrower, the obligations of the
Lenders to make Loans hereunder shall automatically terminate and the Obligations shall immediately become due and payable without any election or action on the part of the Agent or any Lender. If any other Default occurs, the Agent, upon the
request of the Required Lenders, shall, or with the consent of the Required Lenders, may terminate or suspend the obligations of the Lenders to make Loans hereunder or declare the Obligations to be due and payable, or both, whereupon the Obligations
shall become immediately due and payable, without presentment, demand, protest or notice of any kind, all of which the Borrower hereby expressly waives. 

(ii) If, after acceleration of the maturity of the Obligations or termination of the obligations of the Lenders to make Loans as a result
of any Default (other than any Default as described in Section 7.6 or 7.7 with respect to the Borrower) and before any judgment or decree for the payment of the Obligations due shall have been obtained or entered, the Required
Lenders (in their sole discretion) shall so direct, the Agent shall, by notice to the Borrower, rescind and annul such acceleration and/or termination. 

8.1.2 In the event that the Obligations have been accelerated pursuant to Section 8.1.1, all payments received by the Lenders
upon the Obligations and all net proceeds from the enforcement of the Obligations shall be applied: 

  
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 FIRST, to the payment of all reasonable out of pocket costs and expenses (including reasonable
attorneys’ fees) of the Agent and the Lenders in connection with enforcing the rights of the Lenders under the Loan Documents, pro rata as set forth below; 

SECOND, to the payment of all accrued interest payable to the Lenders hereunder, pro rata as set forth below; 

THIRD, to the payment of the outstanding principal amount of the Loans, pro rata, as set forth below; 

FOURTH, to all other obligations which shall have become due and payable under the Loan Documents and not repaid pursuant to clauses
“FIRST” through “THIRD” above; and 
 FIFTH, to the payment of the surplus, if any, to whomever may be lawfully entitled
to receive such surplus. 
 In carrying out the foregoing, (a) amounts received shall be applied in the numerical order provided until
exhausted prior to application to the next succeeding category; and (b) subject to Section 2.24.1(ii), each of the Lenders shall receive an amount equal to its Pro Rata Share of amounts available to be applied. 

8.2 Amendments. Subject to the provisions of this Section 8.2, the Required Lenders (or the Agent with the
consent in writing of the Required Lenders) and the Borrower may enter into agreements supplemental hereto for the purpose of adding or modifying any provisions to the Loan Documents or changing in any manner the rights of the Lenders or the
Borrower hereunder or waiving any Default hereunder; provided that no such supplemental agreement shall, without the consent of all of the Lenders affected thereby: 

8.2.1 Except as specifically provided in this Agreement, extend the final maturity of any Loan or forgive all or any portion of the
principal amount thereof, or reduce the rate or extend the time of payment of interest thereon (other than a waiver or rescission of the application of the default rate of interest pursuant to Section 2.11 or an acceleration pursuant to
Section 8.1). 
 8.2.2 Reduce the percentage specified in the definition of Required Lenders or any other percentage of
Lenders specified to be the applicable percentage in this Agreement to act on specified matters or amend the definition of “Pro Rata Share”. 

8.2.3 Except as specifically provided in this Agreement, (i) extend the Termination Date, or (ii) increase the amount of the
Commitment of any Lender hereunder, or (iii) permit the Borrower to assign its rights or obligations under this Agreement. 

8.2.4 Amend this Section 8.2 or Section 7.2, 8.1.2 or 9.6 or Article XI. 

No amendment of any provision of this Agreement relating to the Agent shall be effective without the written consent of the Agent. The Agent may waive payment
of the fee required under Section 12.3.3 without obtaining the consent of any other party to this Agreement. 

8.3 Preservation of Rights. The enumeration of the rights and remedies of the Agent and the Lenders set forth in this
Agreement is not intended to be exhaustive and the exercise by the Agent and the Lenders of any right or remedy shall not preclude the exercise of any other rights or remedies, all of which shall be cumulative, and shall be in addition to any other
right or remedy given hereunder or under 

  
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the other Loan Documents or that may now or hereafter exist at law or in equity or by suit or otherwise. No delay or failure to take action on the part of the Agent or any Lender in exercising
any right, power or privilege shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege or
shall be construed to be a waiver of any Default. No course of dealing between the Borrower, the Agent and the Lenders or their respective agents or employees shall be effective to change, modify or discharge any provision of this Agreement or any
of the other Loan Documents or to constitute a waiver of any Default. No waiver, amendment or other variation of the terms, conditions or provisions of the Loan Documents whatsoever shall be valid unless in writing signed by the Lenders required
pursuant to Section 8.2, and then only to the extent in such writing specifically set forth. All remedies contained in the Loan Documents or by law afforded shall be cumulative and all shall be available to the Agent and the Lenders
until the Obligations (other than contingent indemnification obligations) have been paid in full. 
 ARTICLE IX 

GENERAL PROVISIONS 

9.1 Survival of Representations. All representations and warranties of the Borrower contained in this Agreement shall survive
the making of the Credit Extension on the Closing Date as herein contemplated. 
 9.2 Governmental Regulation. Anything
contained in this Agreement to the contrary notwithstanding, no Lender shall be obligated to extend credit to the Borrower in violation of any limitation or prohibition provided by any applicable statute or regulation. 

9.3 Headings. Section headings in the Loan Documents are for convenience of reference only, and shall not govern the
interpretation of any of the provisions of the Loan Documents. 
 9.4 Entire Agreement. The Loan Documents embody the entire
agreement and understanding among the Borrower, the Agent and the Lenders and supersede all prior agreements and understandings among the Borrower, the Agent and the Lenders relating to the subject matter thereof. 

9.5 Several Obligations; Benefits of this Agreement. The respective obligations of the Lenders hereunder are several and not
joint and no Lender shall be the partner or agent of any other (except to the extent to which the Agent is authorized to act as such). The failure of any Lender to perform any of its obligations hereunder shall not relieve any other Lender from any
of its obligations hereunder. This Agreement shall not be construed so as to confer any right or benefit upon any Person other than the parties to this Agreement and their respective successors and assigns; provided, that the parties hereto
expressly agree that the Arranger shall enjoy the benefits of the provisions of Sections 9.6 and 9.10 to the extent specifically set forth therein and shall have the right to enforce such provisions on its own behalf and in its own
name to the same extent as if it were a party to this Agreement. 
 9.6 Expenses; Indemnification. (i) The Borrower shall
reimburse the Agent and the Arranger for any reasonable costs, internal charges and out-of-pocket expenses (including reasonable fees and time charges of attorneys and paralegals for the Agent, which attorneys may be employees of the Agent and
reasonable expenses of and fees for other advisors and professionals engaged by the Agent or the Arranger) paid or incurred by the Agent or the Arranger in connection with the investigation, preparation, negotiation, documentation, execution,
delivery, syndication, distribution (including via the internet), review, amendment, modification and administration of the Loan Documents; provided that the Borrower shall not be required to pay for more than one (1) counsel for the
Agent and the Arranger absent 

  
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an actual or perceived conflict of interest with the Agent. The Borrower also agrees to reimburse the Agent, the Co-Syndication Agents, the Documentation Agent, the Arranger and the Lenders for
any costs, internal charges and out-of-pocket expenses (including attorneys’ and paralegals’ fees and time charges and expenses of attorneys and paralegals for
the Agent, the Co-Syndication Agents, the Documentation Agent, the Co-Syndication Agents, the Documentation Agent, the Arranger and the Lenders, which attorneys and paralegals may be employees of the Agent, the Arranger or the Lenders) paid or
incurred by the Agent, the Co-Syndication Agents, the Documentation Agent, the Arranger or any Lender in connection with the collection and enforcement of the Loan Documents. 
  

	(ii)	The Borrower hereby further agrees to indemnify the Agent, the Co-Syndication Agents, the Documentation Agent, the Arranger, each Lender, their respective affiliates, and each of their directors, officers and employees
(each such Person being called an “Indemnitee”) against all losses, claims, damages, penalties, judgments, liabilities and expenses (including all expenses of litigation or preparation therefor whether or not such Indemnitee is a
party thereto, and all reasonable attorneys’ and paralegals’ fees, reasonable time charges and reasonable expenses of attorneys and paralegals of such Indemnitee, which attorneys and paralegals may or may not be employees of such
Indemnitee) which any of them may pay or incur arising out of or relating to this Agreement, the other Loan Documents, the transactions contemplated hereby or the direct or indirect application or proposed application of the proceeds of the Credit
Extension hereunder except to the extent such losses, claims, damages, penalties, judgments, liabilities or expenses (1) are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross
negligence, bad faith or willful misconduct of such Indemnitee or (2) result from a claim not involving an act or omission by the Borrower or any of its Affiliates or its Affiliates’ officers, directors, employees or equityholders (other
than subject to clause (1) of this proviso) that is brought by an Indemnitee against any other Indemnitee (other than any action, suit or claim against the Agent and/or the Arranger in their capacities as such). The obligations of the
Borrower under this Section 9.6 shall survive the termination of this Agreement. In no event shall this clause (ii) operate to expand the obligations of the Borrower under the first sentence of clause (i) above to
require the Borrower to reimburse or indemnify the Lenders, the Co-Syndication Agents or the Documentation Agent for any amounts of the type described therein. 

9.7 Numbers of Documents. All statements, notices, closing documents, and requests hereunder shall be furnished to the Agent
with sufficient counterparts so that the Agent may furnish one to each of the Lenders, to the extent that the Agent deems necessary. 

9.8 Accounting. Except as provided to the contrary herein, all accounting terms used in the calculation of any financial
covenant or test shall be interpreted and all accounting determinations hereunder in the calculation of any financial covenant or test shall be made in accordance with Agreement Accounting Principles. 

9.9 Severability of Provisions. Any provision in any Loan Document that is held to be inoperative, unenforceable, or invalid in
any jurisdiction shall, as to that jurisdiction, be inoperative, unenforceable, or invalid without affecting the remaining provisions in that jurisdiction or the operation, enforceability, or validity of that provision in any other jurisdiction, and
to this end the provisions of all Loan Documents are declared to be severable. 
 9.10 Nonliability; Waiver of Consequential
Damages. The relationship between the Borrower on the one hand and the Lenders and the Agent on the other hand shall be solely that of 

  
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borrower and lender. Neither the Agent nor the Arranger or Lender shall have any fiduciary responsibilities to the Borrower. Neither the Agent nor the Arranger or Lender undertakes any
responsibility to the Borrower to review or inform the Borrower of any matter in connection with any phase of the Borrower’s business or operations. The Borrower agrees that neither the Agent nor the Arranger or Lender shall have liability to
the Borrower (whether sounding in tort, contract or otherwise) for losses suffered by the Borrower in connection with, arising out of, or in any way related to, the transactions contemplated and the relationship established by the Loan Documents, or
any act, omission or event occurring in connection therewith, unless such losses resulted from the gross negligence, willful misconduct or bad faith of the party from which recovery is sought. Each party hereto agrees that no other party hereto
shall have any liability with respect to, and each party hereto hereby waives, releases and agrees not to sue for, any special, indirect, consequential or punitive damages suffered by such Person in connection with, arising out of, or in any way
related to the Loan Documents or the transactions contemplated thereby; provided that this waiver shall in no way limit the Borrower’s indemnification obligations in Section 9.6(ii) to the extent of any third-party claim for
any of the foregoing. 
 9.11 Confidentiality. Each of the Agent and the Lenders agrees that any Information (as defined
below) delivered or made available to it shall (i) be kept confidential, (ii) be used solely in connection with evaluating, approving, structuring, administering or enforcing the credit facility contemplated hereby and (iii) not be
provided to any other Person; provided that nothing in clauses (i) and (iii) above shall prevent the Agent or any Lender from disclosing such information (a) to its Affiliates and to its and its Affiliates’
respective partners, directors, officers, employees, agents, advisors and other representatives in connection herewith (it being understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such
Information and instructed to keep such Information confidential), (b) to the extent requested by, or required to be disclosed to, any rating agency, or regulatory or similar authority purporting to have jurisdiction over it (including any
self-regulatory authority, such as the National Association of Insurance Commissioners), (c) to the extent required by Applicable Laws or regulations or by any subpoena or similar legal process, (d) to any other party hereto, (e) in
connection with the exercise of any remedies under this Agreement or under any other Loan Document or any action or proceeding relating to this Agreement or any other Loan Document or the enforcement of rights hereunder or thereunder,
(f) subject to an agreement containing provisions substantially the same as those of this Section, to (i) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights or obligations under this
Agreement, Participant or proposed Participant or (ii) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to the Borrower and its obligations, (g) with the consent of the Borrower,
(h) to Gold Sheets and other similar bank trade publications, such information to consist of deal terms and other information customarily found in such publications, or (i) to the extent such Information (x) becomes publicly available
other than as a result of a breach of this Section or (y) becomes available to the Agent, any Lender or any of their respective Affiliates on a nonconfidential basis from a source other than the Borrower, its Affiliates or any of the
foregoing’s, employees, officers, equityholders, directors, attorneys, partners or agents and which is not known to be subject to a duty of confidentiality to the Borrower or its Affiliates (unless and until such Person is made aware of the
confidential nature of such information, if any) or (j) to governmental regulatory authorities in connection with any regulatory examination of the Agent or any Lender or in accordance with the Agent’s or any Lender’s regulatory
compliance policy if the Agent or such Lender deems necessary for the mitigation of claims by those authorities against the Agent or such Lender or any of its subsidiaries or affiliates; provided that in the case of any disclosure made
pursuant to clause (b), (c) or (j), the disclosing party shall (to the extent practicable and to the extent legally permitted to do so) notify the Borrower thereof sufficiently in advance thereof to permit the Borrower to
contest the need for such disclosure. For purposes of this Section, “Information” means all information received from the Borrower (including, for all purposes of this definition, any of its Affiliates or any of their respective
officers, directors, employees, equityholders, partners or agents) relating to the Borrower or any Affiliate thereof or any of their respective businesses, assets, properties, operations, 

  
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products, results or condition (financial or otherwise) other than (i) any such information that is received by the Agent or any Lender from a source other than the Borrower and which is not
known to be subject to a duty of confidentiality to the Borrower or its Affiliates (unless and until such Person is made aware of the confidential nature of such information, if any), (ii) information that is publicly available other than as a
result of the breach of a duty of confidentiality by such Person or its Related Parties or by another Person known by any of the foregoing to be subject to such a duty of confidentiality, (iii) information already known to or, other than
information described in clause (i) above, in the possession of the Agent or any Lender prior to its disclosure by the Borrower, or (iv) information that is independently developed, discovered or arrived at by the Agent or any
Lender. Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the
confidentiality of such Information as such Person would accord to its own confidential information. 
 9.12 Lenders Not
Utilizing Plan Assets. Each Lender represents and warrants that none of the consideration used by such Lender to make its Loans constitutes for any purpose of ERISA or Section 4975 of the Code assets of any “plan” as defined
in Section 3(3) of ERISA or Section 4975 of the Code and the rights and interests of such Lender in and under the Loan Documents shall not constitute such “plan assets” under ERISA. 

9.13 Nonreliance. Each Lender hereby represents that it is not relying on or looking to any margin stock (as defined in
Regulation U) for the repayment of the Credit Extension provided for herein. 
 9.14 Disclosure. The Borrower and each
Lender hereby acknowledge and agree that JPMCB and/or its Affiliates from time to time may hold investments in, make other loans to or have other relationships with the Borrower and its Affiliates. 

9.15 USA Patriot Act. The Agent and each Lender hereby notifies the Borrower that pursuant to the requirements of the Act,
it is required to obtain, verify and record information that identifies the Borrower, which information includes the name and address of the Borrower and other information that will allow such Lender to identify the Borrower in accordance with the
Act. 
 9.16 Excluded Subsidiaries. The Borrower shall have the right, at any time with prior written notice to the
Agent, to (i) designate any Subsidiary as an Excluded Subsidiary in accordance with the requirements of such definition or (ii) remove any Subsidiary from being an Excluded Subsidiary; provided that with respect to any Subsidiary,
after the second designation of such Subsidiary as a Non-Excluded Subsidiary from an Excluded Subsidiary, such Subsidiary may not be re-designated as an Excluded Subsidiary at a later date. 

ARTICLE X 
 THE AGENT

 10.1 Appointment and Authority. Each of the Lenders hereby irrevocably designates and appoints JPMCB to act on its
behalf as the Agent hereunder and under the other Loan Documents and authorizes the Agent to take such actions on its behalf and to exercise such powers as are delegated to the Agent by the terms hereof or thereof, together with such actions and
powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Agent and the Lenders, and neither the Borrower nor any Subsidiary thereof shall have rights as a third party beneficiary of any of such
provisions. 

  
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 10.2 Rights as a Lender. The Person serving as the Agent hereunder shall have
the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Agent and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the
context otherwise requires, include the Person serving as the Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, act as the financial advisor or in any other advisory capacity for and
generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Agent hereunder and without any duty to account therefor to the Lenders. 

10.3 Exculpatory Provisions. The Agent shall not have any duties or obligations except those expressly set forth herein and
in the other Loan Documents. Without limiting the generality of the foregoing, the Agent: 
 10.3.1 shall not be subject to any
fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing; 
 10.3.2 shall not have any duty to
take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Agent is required to exercise as directed in writing by the Required
Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents); provided that the Agent shall not be required to take any action that, in its opinion or the opinion of its
counsel, may expose the Agent to liability or that is contrary to any Loan Document or Applicable Law; and 
 10.3.3 shall not, except
as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by
the Person serving as the Agent or any of its Affiliates in any capacity. 
 The Agent shall not be liable for any action taken or
not taken by it (i) as to any Lender, with the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Agent shall believe in good faith shall be necessary, under the
circumstances as provided in Section 8.2) or (ii) in the absence of its own gross negligence or willful misconduct as determined by a court of competent jurisdiction by final nonappealable judgment. The Agent shall be deemed not to
have knowledge of any Default or Unmatured Default unless and until notice describing such Default or Unmatured Default is given to the Agent by the Borrower or a Lender. 

The Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or representation made
in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or therewith, (iii) the performance or
observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default or Unmatured Default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement,
any other Loan Document or any other agreement, instrument or document or (v) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the
Agent. 
 10.4 Reliance by the Agent. The Agent shall be entitled to rely upon, and shall not incur any liability for
relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution)

  
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reasonably believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Agent also may rely upon any statement made to it orally or by telephone
and reasonably believed by it to have been made by the proper Person, and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan that by its terms must be fulfilled to the
satisfaction of a Lender, the Agent may presume that such condition is satisfactory to such Lender unless the Agent shall have received notice to the contrary from such Lender prior to the making of such Loan. The Agent may consult with legal
counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts. 

10.5 Delegation of Duties. The Agent may perform any and all of its duties and exercise its rights and powers hereunder or
under any other Loan Document by or through any one or more sub agents selected and appointed by the Agent with reasonable care. The Agent and any such sub agent may perform any and all of its duties and exercise its rights and powers by or through
their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub agent and to the Related Parties of the Agent and any such sub agent, and shall apply to their respective activities in connection with the
syndication of the credit facility evidenced hereby as well as activities as Agent. 
 10.6 Resignation of Agent.  

The Agent may at any time give not less than 45 days’ prior written notice of its resignation to the Lenders and the Borrower. Upon receipt of any such
notice of resignation, the Required Lenders shall have the right, in consultation with the Borrower (and so long as no Default shall have occurred and be continuing, subject to the approval of the Borrower, such approval not to be unreasonably
withheld or delayed, to appoint a successor from among the Lenders, which shall be a bank with an office in the United States having capital and retained earnings of at least $100,000,000, or an Affiliate of any such bank with an office in the
United States. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Agent gives notice of its resignation, then the retiring Agent may on behalf of the
Lenders, appoint a successor Agent meeting the qualifications set forth above provided that if the Agent shall notify the Borrower and the Lenders that no qualifying Person has accepted such appointment, then such resignation shall nonetheless
become effective in accordance with such notice and (1) the retiring Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents and (2) all payments, communications and determinations provided to
be made by, to or through the Agent shall instead be made by or to each Lender directly, until such time as the Required Lenders appoint a successor Agent as provided for above in this paragraph. Upon the acceptance of a successor’s appointment
as Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or retired) Agent, and the retiring Agent shall be discharged from all of its duties and obligations
hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this paragraph). The fees payable by the Borrower to a successor Agent shall be the same as those (if any) payable to its predecessor unless
otherwise agreed between the Borrower and such successor. After the retiring Agent’s resignation hereunder and under the other Loan Documents, the provisions of this Article and Section 9.6 shall continue in effect for the benefit of such
retiring Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring Agent was acting as Agent. In the event that there is a successor to the Agent by merger, or
the Agent assigns its duties and obligations to an Affiliate pursuant to this Section 10.6, then the term “Prime Rate” as used in this Agreement shall mean the prime rate, base rate or other analogous rate of the new Agent.

 10.7 Non-Reliance on Agent and Other Lenders. Each Lender acknowledges that it has, independently and without reliance
upon the Agent or any other Lender or any of their Related Parties 

  
 52 

 
and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will,
independently and without reliance upon the Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not
taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. 

10.8 No Other Duties, etc. Anything herein to the contrary notwithstanding, none of the Co-Syndication Agents, the
Documentation Agent or the Arranger listed on the cover page or signature pages hereof shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Agent or
a Lender hereunder. 
 10.9 [Intentionally Omitted].  

10.10 Agent’s Reimbursement and Indemnification. The Lenders agree to reimburse and indemnify the Agent, the
Co-Syndication Agents and the Documentation Agent ratably in proportion to the Lenders’ Pro Rata Shares of the Aggregate Commitment (or, if the Aggregate Commitment has been terminated, of the Outstanding Credit Exposure) for any amounts not
reimbursed by the Borrower (i) for which the Agent, any Co-Syndication Agent or the Documentation Agent is entitled to reimbursement by the Borrower under the Loan Documents, (ii) for any other expenses incurred by the Agent, any
Co-Syndication Agent or the Documentation Agent on behalf of the Lenders, in connection with the preparation, execution, delivery, administration and enforcement of the Loan Documents (including for any expenses incurred by the Agent or any
Co-Syndication Agent in connection with any dispute between the Agent or any Co-Syndication Agent and any Lender or between two or more of the Lenders) and (iii) for any liabilities, obligations, losses, damages, penalties, actions, judgments,
suits, costs, expenses or disbursements of any kind and nature whatsoever which may be imposed on, incurred by or asserted against the Agent, any Co-Syndication Agent or the Documentation Agent in any way relating to or arising out of the Loan
Documents or any other document delivered in connection therewith or the transactions contemplated thereby (including for any such amounts incurred by or asserted against the Agent, any Co-Syndication Agent or the Documentation Agent in connection
with any dispute between the Agent, any Co-Syndication Agent, the Documentation Agent and any Lender or between two or more of the Lenders), or the enforcement of any of the terms of the Loan Documents or of any such other documents; provided
that (i) no Lender shall be liable for any of the foregoing to the extent any of the foregoing is found in a final non-appealable judgment by a court of competent jurisdiction to have resulted from the gross negligence or willful misconduct of
the party seeking indemnification and (ii) any indemnification required pursuant to Section 3.4 shall, notwithstanding the provisions of this Section 10.10, be paid by the relevant Lender in accordance with the
provisions thereof. The obligations of the Lenders under this Section 10.10 shall survive payment of the Obligations and termination of this Agreement. 

10.11 Agent May File Proofs of Claim. In case of the pendency of any proceeding under any Debtor Relief Law, the
Lenders hereby agree that the Agent (irrespective of whether the principal of any Loan shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Agent shall have made any demand on the Borrower)
shall be entitled and empowered (but not obligated) by intervention in such proceeding or otherwise for and on behalf of the Lenders: 

10.11.1 to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans and all
other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders and the Agent (including any claim for the reasonable compensation, expenses, disbursements and
advances of the Lenders and the Agent and their respective agents and counsel and all other amounts due the Lenders and the Agent under Section 9.6) allowed in such judicial proceeding; and 

  
 53 

 10.11.2 to collect and receive any monies or other property payable or deliverable on any
such claims and to distribute the same; 
 and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such
judicial proceeding is hereby authorized by each Lender to make such payments to the Agent and, in the event that the Agent shall consent to the making of such payments directly to the Lenders, to pay to the Agent any amount due for the reasonable
compensation, expenses, disbursements and advances of the Agent and its agents and counsel, and any other amounts due the Agent under Section 9.6. 

ARTICLE XI 
 SETOFF;
RATABLE PAYMENTS 
 11.1 Setoff. In addition to, and without limitation of, any rights of the Lenders under
Applicable Law, from and after the date that the Obligations have been accelerated pursuant to Section 8.1.1 (and for so long as such acceleration has not been rescinded by the Required Lenders), any and all deposits (including all
account balances, whether provisional or final and whether or not collected or available) and any other Indebtedness at any time held or owing by any Lender or any Affiliate of any Lender to or for the credit or account of the Borrower may be offset
and applied toward the payment of the Obligations owing to such Lender; provided that in the event that any Defaulting Lender shall exercise any such right of setoff, (x) all amounts so set off shall be paid over immediately to the Agent
for further application in accordance with the provisions of Section 2.24 and, pending such payment, shall be segregated by such Defaulting Lender from its other funds and deemed held in trust for the benefit of the Agent and the
Lenders, and (y) the Defaulting Lender shall provide promptly to the Agent a statement describing in reasonable detail the Obligations owing to such Defaulting Lender as to which it exercised such right of setoff. Each Lender agrees to notify
the Borrower and the Agent promptly after any such setoff and application; provided that the failure to give such notice shall not affect the validity of such setoff and application. 

11.2 Ratable Payments. If any Lender, whether by setoff or otherwise, has payment made to it upon its Outstanding Credit
Exposure (other than payments received pursuant to Section 3.1, 3.2, 3.4 or 3.5) in a greater proportion than that received by any other Lender, such Lender agrees, promptly upon demand, to purchase a portion of the
Aggregate Outstanding Credit Exposure held by the other Lenders so that after such purchase each Lender will hold its Pro Rata Share of the Aggregate Outstanding Credit Exposure. If any Lender, whether in connection with setoff or amounts which
might be subject to setoff or otherwise, receives collateral or other protection for its Obligations or such amounts which may be subject to setoff, such Lender agrees, promptly upon demand, to take such action necessary such that all Lenders share
in the benefits of such collateral ratably in proportion to their respective Pro Rata Shares of the Aggregate Outstanding Credit Exposure. In case any such payment is disturbed by legal process, or otherwise, appropriate further adjustments shall be
made. 

  
 54 

 ARTICLE XII 

BENEFIT OF AGREEMENT; ASSIGNMENTS; PARTICIPATIONS 

12.1 Successors and Assigns. The terms and provisions of the Loan Documents shall be binding upon and inure to the benefit
of the Borrower, the Agent and the Lenders and their respective successors and assigns permitted hereby, except that (i) the Borrower shall not have the right to assign its rights or obligations under the Loan Documents without the prior
written consent of each Lender, (ii) any assignment by any Lender must be made in compliance with Section 12.3, and (iii) any transfer by participation must be made in compliance with Section 12.2. Any attempted
assignment or transfer by any party not made in compliance with this Section 12.1 shall be null and void, unless such attempted assignment or transfer is treated as a participation in accordance with Section 12.3.3. The
parties to this Agreement acknowledge that clause (ii) of this Section 12.1 relates only to absolute assignments and this Section 12.1 does not prohibit assignments creating security interests, including any
pledge or assignment by any Lender of all or any portion of its rights under this Agreement and any Note to a Federal Reserve Bank; provided that no such pledge or assignment creating a security interest shall release the transferor Lender
from its obligations hereunder unless and until the parties thereto have complied with the provisions of Section 12.3. The Agent may treat each Lender which made the Credit Extension hereunder or which holds any Note as the owner thereof
for all purposes hereof unless and until such Lender complies with Section 12.3; provided that the Agent may in its discretion (but shall not be required to) follow instructions from the Lender which made the Credit Extension
hereunder or which holds any Note to direct payments relating to such Credit Extension or Note to another Person. Any assignee of the rights to the Credit Extension or any Note agrees by acceptance of such assignment to be bound by all the terms and
provisions of the Loan Documents. Any request, authority or consent of any Lender, who at the time of making such request or giving such authority or consent is the owner of the rights to the Credit Extension (whether or not a Note has been issued
in evidence thereof), shall be conclusive and binding on any subsequent holder or assignee of the rights to such Credit Extension. 

12.2 Participations. 

12.2.1 Permitted Participants; Effect. Any Lender may at any time, without the consent of, or notice to, the Borrower or the
Agent, sell participations to any Person (other than a natural Person, the Borrower or any of the Borrower’s Affiliates or Subsidiaries or, unless a Default has occurred and is continuing, (x) any competitor of the Borrower or any of its
Subsidiaries or (y) any other company engaged in the business of selling or distributing energy products) (each, a “Participant”) in all or a portion of such Lender’s rights and/or obligations under this Agreement
(including all or a portion of its Commitment and/or the Loans owing to it); provided that (i) such Lender’s obligations under this Agreement and the other Loan Documents, if any, shall remain unchanged, (ii) such Lender shall
remain solely responsible to the other parties hereto for the performance of such obligations, (iii) such Lender shall remain the owner of its Outstanding Credit Exposure and the holder of any Note issued to it in evidence thereof for all
purposes under the Loan Documents and all amounts payable by the Borrower under this Agreement shall be determined as if such Lender had not sold such participating interest and (iv) the Borrower, the Agent and Lenders shall continue to deal
solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. For the avoidance of doubt, each Lender shall be responsible for the indemnity under Section 10.10 with respect to
any payments made by such Lender to its Participant(s). 
 12.2.2 Voting Rights. Any agreement or instrument pursuant to which a
Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve, without the consent of any Participant, any amendment, modification

  
 55 

 
or waiver of any provision of this Agreement other than any amendment, modification or waiver with respect to the Credit Extension or Commitment in which such Participant has an interest which
would require consent of all of the Lenders pursuant to the terms of Section 8.2. 
 12.2.3 Benefit of Certain
Provisions. The Borrower further agrees that each Participant shall be entitled to the benefits of Sections 3.1, 3.2, 3.4 and 3.5 (subject to the requirements and limitations therein, including the requirements under
Section 3.5.7 (it being understood that the documentation required under Section 3.5.7 shall be delivered to the participating Lender who shall deliver such documentation to the Borrower and the Agent)) to the same extent as
if it were a Lender and had acquired its interest by assignment pursuant to Section 12.3; provided that such Participant (A) agrees to be subject to the provisions of Section 3.7 as if it were an assignee under
Section 12.3; and (B) shall not be entitled to receive any greater payment under Section 3.1 or 3.5, with respect to any participation, than its participating Lender would have been entitled to receive. Each
Lender that sells a participation agrees, at the Borrower’s request and expense, to use commercially reasonable efforts to require such Participant comply with the provisions of Sections 2.19 and 3.7 as if it were a Lender and to
cooperate with the Borrower in enforcing such provisions against such Participant. To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 11.1 as though it were a Lender; provided that
such Participant agrees to be subject to Section 11.2 as though it were a Lender. 
 12.2.4 Participant Register.
Each Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest) of
each Participant’s interest in the Loans or other obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant
Register (including the identity of any Participant or any information relating to a Participant’s interest in any commitments, loans or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is
necessary to establish that such commitment, loan or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive absent manifest error,
and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Agent (in
its capacity as Agent) shall have no responsibility for maintaining a Participant Register. 
 12.3 Assignments. 

12.3.1 Permitted Assignments. Any Lender may at any time assign to one or more Eligible Assignees all or any part of its rights
and obligations under the Loan Documents. Such assignment shall be substantially in the form of Exhibit B or in such other form as may be agreed to by the parties thereto. Each such assignment with respect to an Eligible Assignee which
is not a Lender or an Affiliate of a Lender or an Approved Fund shall either be in an amount equal to the entire applicable Commitment and Outstanding Credit Exposure of the assigning Lender or (unless each of the Borrower and the Agent otherwise
consents) be in an aggregate amount not less than $5,000,000. The amount of the assignment shall be based on the Commitment or Outstanding Credit Exposure (if the Commitment has been terminated) subject to the assignment, determined as of the date
of such assignment or as of the “Trade Date,” if the “Trade Date” is specified in the assignment. Each partial assignment made by a Lender shall be made as an assignment of a proportionate part of all of such Lender’s rights
and obligations under this Agreement with respect to the Loans and Commitments assigned. 

  
 56 

 12.3.2 Consents. The consent of the Agent shall be required prior to an assignment
becoming effective; provided that the consent of the Agent shall not be required for any assignment to a Person that is a Lender, an Affiliate of such Lender or an Approved Fund with respect to such Lender. The consent of the Borrower shall
be required prior to an assignment becoming effective unless (i) such assignment is to a Lender, an Affiliate of a Lender or an Approved Fund or (ii) a Default has occurred and is continuing; provided that the Borrower shall be
deemed to have consented to any such assignment unless it shall object thereto by written notice to the Agent within fifteen (15) days after having received notice thereof. Any consent required under this Section 12.3.2 shall not be
unreasonably withheld or delayed. 
 12.3.3 Effect; Effective Date. Upon (i) delivery to the Agent of an assignment pursuant to
Section 12.3.1, together with any consents required by Section 12.3.2, (ii) payment of a $3,500 fee to the Agent for processing such assignment (unless such fee is waived by the Agent) and (iii) the documents
required by Section 3.5, such assignment shall become effective on the effective date specified in such assignment. The assignment shall contain a representation and warranty by the Purchaser to the effect that none of the funds, money,
assets or other consideration used to make the purchase and assumption of the Commitment and Outstanding Credit Exposure under the applicable assignment agreement constitutes “plan assets” as defined under ERISA and that the rights,
benefits and interests of the Purchaser in and under the Loan Documents will not be “plan assets” under ERISA. On and after the effective date of such assignment, such Purchaser shall for all purposes be a Lender party to this Agreement
and any other Loan Document executed by or on behalf of the Lenders and shall have all the rights, benefits and obligations of a Lender under the Loan Documents, to the same extent as if it were an original party thereto, and the transferor Lender
shall be released with respect to the Commitment and Outstanding Credit Exposure assigned to such Purchaser without any further consent or action by the Borrower, the Lenders or the Agent. In the case of an assignment covering all of the assigning
Lender’s rights, benefits and obligations under this Agreement, such Lender shall cease to be a Lender hereunder but shall continue to be entitled to the benefits of, and subject to, those provisions of this Agreement and the other Loan
Documents which survive payment of the Obligations and termination of the Loan Documents with respect to facts and circumstances occurring prior to the effective date of such assignment; provided that no assignment by a Defaulting Lender will
constitute or effect a waiver or release of any claim of any party arising from such Lender being a Defaulting Lender. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this
Section 12.3 shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with Section 12.2. Upon the consummation of any assignment to a Purchaser
pursuant to this Section 12.3.3, the transferor Lender, the Agent and the Borrower shall, if the transferor Lender or the Purchaser desires that its Loans be evidenced by Notes, make appropriate arrangements so that, upon cancellation
and surrender to the Borrower of the Notes (if any) held by the transferor Lender, new Notes or, as appropriate, replacement Notes are issued to such transferor Lender, if applicable, and new Notes or, as appropriate, replacement Notes, are issued
to such Purchaser, in each case in principal amounts reflecting their respective Commitments (or if the Aggregate Commitment has been terminated, their respective Outstanding Credit Exposure), as adjusted pursuant to such assignment. 

12.3.4 Register. The Agent, acting solely for this purpose as a non-fiduciary agent of the Borrower (and the Borrower hereby designates
the Agent to act in such capacity), shall maintain at one of its offices a copy of each Assignment and Assumption Agreement delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and
principal amounts of the Loans owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive, absent manifest error,

  
 57 

 
and the Borrower, the Agent and the Lenders may treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement,
notwithstanding notice to the contrary. The Register shall be available for inspection by the Borrower and any Lender, at any reasonable time and from time to time upon reasonable prior notice. 

12.3.5 No Assignment to Certain Persons. No such assignment shall be made to (A) the Borrower or any of the Borrower’s
Affiliates or Subsidiaries, (B) any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (B) or (C) unless a
Default has occurred and is continuing, (x) any competitor of the Borrower or any of its Subsidiaries or (y) any other company engaged in the business of selling or distributing energy products; provided that this clause
(y) shall not apply to any financial institution solely as a result of such Person trading in commodity products. 
 12.3.6 No
Assignment to Natural Persons. No such assignment shall be made to a natural Person. 
 12.3.7 Certain Additional Payments. In
connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall
make such additional payments to the Agent in an aggregate amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions,
including funding, with the consent of the Borrower and the Agent, the applicable Pro Rata Share of Loans previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably
consent), to (x) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the Agent and each Lender hereunder (and interest accrued thereon), and (y) acquire (and fund as appropriate) its full pro rata share
of all Loans in accordance with its Pro Rata Share. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become effective under Applicable Law without compliance with the
provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs. 

12.4 Dissemination of Information. The Borrower authorizes each Lender to disclose to any Participant or Purchaser or any other
Person acquiring an interest in the Loan Documents by operation of law (each a “Transferee”) and any prospective Transferee any and all information in such Lender’s possession concerning the creditworthiness of the Borrower and
its Subsidiaries; provided that each Transferee and prospective Transferee agrees to be bound by Section 9.11. 
 12.5
Tax Certifications. If any interest in any Loan Document is transferred to any Transferee which is not incorporated under the laws of the United States or any State thereof, the transferor Lender shall cause such Transferee, concurrently
with the effectiveness of such transfer, to comply with the provisions of Section 3.5. 

  
 58 

 ARTICLE XIII 

NOTICES 
 13.1
Notices. Except as otherwise permitted by Section 2.14, all notices, requests and other communications to any party hereunder shall be in writing (including electronic transmission, facsimile transmission or similar writing)
and shall be given to such party: (x) in the case of the Borrower, the Lenders or the Agent, at its address or facsimile number set forth on the signature pages hereof or, (y) in the case of any party, at such other address or facsimile
number as such party may hereafter specify for the purpose by notice to the Agent and the Borrower in accordance with the provisions of this Section 13.1. Each such notice, request or other communication shall be effective (i) if
given by facsimile transmission, when transmitted to the facsimile number specified in this Section and confirmation of receipt is received, (ii) if given by mail, three (3) Business Days after such communication is deposited in the mails
with first class postage prepaid, addressed as aforesaid, or (iii) if given by any other means, when delivered (or, in the case of electronic transmission, received) at the address specified in this Section; provided that, subject to
Section 2.14, notices to the Agent under Article II shall not be effective until received. 
 13.2 Change of
Address. The Borrower, the Agent and any Lender may each change the address for service of notice upon it by a notice in writing to the other parties hereto. 

ARTICLE XIV 

COUNTERPARTS 
 This
Agreement may be executed in any number of counterparts, all of which taken together shall constitute one agreement, and any of the parties hereto may execute this Agreement by signing any such counterpart. Delivery of an executed counterpart of a
signature page of this Agreement by facsimile or other electronic method of transmission shall be effective as delivery of a manually executed original counterpart of this Agreement. 

ARTICLE XV 
 CHOICE OF
LAW; CONSENT TO JURISDICTION; WAIVER OF JURY TRIAL 
 15.1 CHOICE OF LAW. UNLESS OTHERWISE EXPRESSLY SET FORTH THEREIN, THE
LOAN DOCUMENTS SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
 15.2 CONSENT TO
JURISDICTION. THE BORROWER, THE AGENT AND EACH LENDER HEREBY IRREVOCABLY SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES
DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO ANY LOAN DOCUMENTS AND THE BORROWER, THE AGENT AND EACH LENDER HEREBY IRREVOCABLY AGREES THAT
ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN ANY SUCH COURT AND IRREVOCABLY WAIVES ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE AS TO THE VENUE OF ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN SUCH A COURT OR THAT
SUCH COURT IS AN  

  
 59 

 
INCONVENIENT FORUM. NOTHING HEREIN SHALL LIMIT THE RIGHT OF THE AGENT OR ANY LENDER TO BRING PROCEEDINGS AGAINST THE BORROWER IN THE COURTS OF ANY OTHER JURISDICTION. ANY JUDICIAL PROCEEDING
BY THE BORROWER AGAINST THE AGENT OR ANY LENDER INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH ANY LOAN DOCUMENT SHALL BE BROUGHT ONLY IN A COURT IN NEW YORK, NEW YORK. 

15.3 WAIVER OF JURY TRIAL. THE BORROWER, THE AGENT AND EACH LENDER HEREBY WAIVE TRIAL BY JURY IN ANY JUDICIAL PROCEEDING INVOLVING,
DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT, CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH ANY LOAN DOCUMENT OR THE RELATIONSHIP ESTABLISHED THEREUNDER.  

[Signature Pages Follow] 

  
 60 

 IN WITNESS WHEREOF, the Borrower, the Lenders and the Agent have executed this Agreement as of
the date first above written. 
  

			
	 BORROWER:
	 	ENOGEX LLC

  

					
		
	By: 	 	/s/ E. Keith Mitchell
		 	Name:	  	E. Keith Mitchell
		 	Title:	  	President

  

					
	 Address:

	 321 N. Harvey
	 	
	 Oklahoma City, OK 73101

		
	 Attention:
	 	Max J. Myers
	 Phone:
	 	(405) 553-3041
	 Facsimile:
	 	(405) 553-3743

 Signature Page to 

Term Loan Agreement 
 Enogex LLC

 AGENT AND THE LENDERS:    JPMORGAN CHASE BANK, N.A., as Agent and as a Lender 

 

					
		
	By: 	 	/s/ Nancy R. Barwig
		 	Name:	  	Nancy R. Barwig
		 	Title:	  	Credit Executive

  

					
	 Address:

	 10 South Dearborn, Floor 09
	 	
	 Chicago, IL, 60603-2300

		
	 Attention:
	 	Michael K. Murphy
	 Phone:
	 	(312) 732-1743
	 Facsimile:
	 	(312) 732-1742

 Signature Page to 

Term Loan Agreement 
 Enogex LLC

 WELLS FARGO BANK, NATIONAL ASSOCIATION, as Documentation Agent and as a Lender 

 

					
		
	By: 	 	/s/ Megan Figueroa
		 	Name:	  	Megan Figueroa
		 	Title:	  	Assistant Vice President

  

					
	 Address:

	 301 S. College St., 15th Floor
	 	
	 MAC D1053-150

	 Charlotte, NC 28202

					
		
	 Attention:
	 	Power and Utilities Group
	 Phone:
	 	(704) 374-4062
	 Facsimile:
	 	(704) 715-1486

 Signature Page to 

Term Loan Agreement 
 Enogex LLC

 UNION BANK, N.A., as a Co-Syndication Agent and as a Lender 

 

					
		
	By: 	 	/s/ Michael Agrimis
		 	Name:	  	Michael Agrimis
		 	Title:	  	Vice President

  

					
	 Address:

	 445 South Figueroa Street, 15th Floor

	 Los Angeles, CA 90071

		
	 Attention:
	 	Michael Agrimis
	 Phone:
	 	(213) 236-5784
	 Facsimile:
	 	(213) 236-4096

  
 Signature Page to 

Term Loan Agreement 
 Enogex LLC

 U.S. BANK NATIONAL ASSOCIATION, as a Co-Syndication Agent and as a Lender 

 

					
	 By:
	 	/s/ John M. Eyerman
		 	Name:	  	John M. Eyerman
		 	Title:	  	Vice President

 Address: 

209 S. LaSalle, 4th Floor 
 Chicago, IL 60604 

 

					
	Attention:	  	John M. Eyerman
	Phone:	  	312-325-2032
	Facsimile:	  	312-325-2001

 Signature Page to 

Term Loan Agreement 
 Enogex LLC

 COMMITMENT SCHEDULE 

 

			
	 LENDER
	  	 COMMITMENT

	 JPMorgan Chase Bank, N.A.
	  	$70,000,000
		
	 Wells Fargo Bank, National Association
	  	$60,000,000
		
	 Union Bank, N.A.
	  	$60,000,000
		
	 U.S. Bank National Association
	  	$60,000,000
		
	 AGGREGATE COMMITMENT
	  	$250,000,000.00

 PRICING SCHEDULE 
  

																					
	APPLICABLE
MARGIN	  	LEVEL
I
STATUS	 	 	LEVEL
II
STATUS	 	 	LEVEL
III
STATUS	 	 	LEVEL
IV
STATUS	 	 	LEVEL
V
STATUS	 
	 Eurodollar Rate
	  	 	1.25	% 	 	 	1.375	% 	 	 	1.50	% 	 	 	1.75	% 	 	 	2.00	% 
	 Floating Rate
	  	 	0.25	% 	 	 	0.375	% 	 	 	0.50	% 	 	 	0.75	% 	 	 	1.00	% 

 “Fitch Rating” means, at any time, the rating issued by Fitch and then in effect with respect
to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement. 
 “Level I
Status” exists at any date if, on such date, the Borrower has or is deemed pursuant to the last paragraph of this Pricing Schedule to have at least two of the following ratings: a Moody’s Rating of Baa1 or better, a Fitch Rating of
BBB+ or better or a S&P Rating of BBB+ or better. 
 “Level II Status” exists at any date if, on such date,
(i) the Borrower has not qualified for Level I Status and (ii) the Borrower has or is deemed pursuant to the last paragraph of this Pricing Schedule to have at least two of the following ratings: a Moody’s Rating of Baa2 or better, a
Fitch Rating of BBB or better or a S&P Rating of BBB or better. 
 “Level III Status” exists at any date if, on such
date, (i) the Borrower has not qualified for Level I Status or Level II Status and (ii) the Borrower has or is deemed pursuant to the last paragraph of this Pricing Schedule to have at least two of the following ratings: a Moody’s
Rating of Baa3 or better, a Fitch Rating of BBB- or better or a S&P Rating of BBB- or better. 
 “Level IV Status”
exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status, Level II Status or Level III Status and (ii) the Borrower has or is deemed pursuant to the last paragraph of this Pricing Schedule to have at least
two of the following ratings: a Moody’s Rating of Ba1 or better, a Fitch Rating of BB+ or better or a S&P Rating of BB+ or better. 

“Level V Status” exists at any date if, on such date, the Borrower has not qualified for Level I Status, Level II Status,
Level III Status or Level IV Status. 
 “Moody’s Rating” means, at any time, the rating issued by Moody’s and
then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement. 

“S&P Rating” means, at any time, the rating issued by S&P, and then in effect with respect to the Borrower’s
senior unsecured long-term debt securities without third-party credit enhancement. 
 “Status” means Level I Status, Level
II Status, Level III Status, Level IV Status or Level V Status. 
 The Applicable Margin shall be determined in accordance with the
foregoing table based on the Borrower’s Status as determined from its then-current Moody’s Rating, Fitch Rating and S&P Rating. The credit rating in effect on any date for the purposes of this Schedule is that in effect at the close of
business on such date. The Borrower shall at all times maintain a rating from at least two of Moody’s, Fitch and S&P. If at any time the Borrower does not have a rating from at least two of Moody’s, Fitch and S&P, Level V Status
shall exist. 

 Notwithstanding the foregoing, if the Borrower is split-rated and (i) two ratings are equal
and higher than the third, the higher rating will apply, (ii) two ratings are equal and lower than the third, the lower rating will apply, (iii) no ratings are equal, the intermediate rating will apply. In the event that the Borrower shall
maintain ratings from only two of Moody’s, Fitch and S&P and the Borrower is split-rated and (x) the ratings differential is one level, the higher rating will apply (and both ratings will be deemed to be at the higher level) and
(y) the ratings differential is two levels or more, then the rating which is one level lower than the higher rating will apply (and both ratings will be deemed to be at the higher level). 

 SCHEDULE 1 

SUBSIDIARIES 
 (See
Section 5.8) 
  

																			
	 Name of Subsidiary
	  	Jurisdiction of
Organization	 	  	Percentage
of
Ownership	 	 	Owner	  	Material
Subsidiary	 	  	Excluded
Subsidiary	 
	 Enogex Gathering & Processing LLC
	  	 	Oklahoma	  	  	 	100	% 	 	Borrower	  	 	Yes	  	  	 	No	  
	 Enogex Energy Resources LLC (formerly known as OGE Energy Resources LLC)
	  	 	Oklahoma	  	  	 	100	% 	 	Borrower	  	 	Yes	  	  	 	No	  
	 Enogex Gas Gathering LLC
	  	 	Oklahoma	  	  	 	100	% 	 	Enogex
Gathering &
Processing
LLC	  	 	Yes	  	  	 	No	  
	 Enogex Products LLC
	  	 	Oklahoma	  	  	 	100	% 	 	Enogex
Gathering &
Processing
LLC	  	 	Yes	  	  	 	No	  
	 Enogex Atoka LLC
	  	 	Oklahoma	  	  	 	100	% 	 	Enogex
Gathering &
Processing
LLC	  	 	No	  	  	 	No	  
	 Roger Mills Gas Gathering, LLC
	  	 	Oklahoma	  	  	 	100	% 	 	Enogex
Gathering &
Processing
LLC	  	 	No	  	  	 	No	  

 SCHEDULE 2 

INDEBTEDNESS 
 (See
Section 6.11) 
 None. 

 SCHEDULE 3 

MATERIAL ADVERSE CHANGE 

(See Section 5.5) 
 None. 

 SCHEDULE 4 

LITIGATION 
 (See
Section 5.7) 
 None. 

 SECTION 5 

LIENS 
 (See
Section 6.12.19) 
 None. 

 SCHEDULE 6 

AFFILIATE TRANSACTIONS 

(See Section 6.13) 
 None. 

 EXHIBIT A 

COMPLIANCE CERTIFICATE 

To:     The Lenders parties to the 

          Term Loan Agreement Described Below 

This Compliance Certificate is furnished pursuant to that certain Term Loan Agreement dated as of August 2, 2012 (as amended, restated,
supplemented or otherwise modified from time to time, the “Agreement”) by and among ENOGEX LLC (the “Borrower”), the lenders party thereto (the “Lenders”) and JPMorgan Chase Bank, N.A., as Agent for
the Lenders. Unless otherwise defined herein, capitalized terms used in this Compliance Certificate have the meanings ascribed thereto in the Agreement. 

THE UNDERSIGNED, THE             OF THE BORROWER, HEREBY CERTIFIES IN [HIS][HER]
CAPACITY AS SUCH THAT: 
 1. I am the duly elected             of the Borrower;

 2. I have reviewed the terms of the Agreement and I have made, or have caused to be made under my supervision, a detailed review of the
transactions and conditions of the Borrower and its Subsidiaries during the accounting period covered by the attached financial statements; 

3. The examinations described in paragraph 2 did not disclose, and I have no knowledge of, the existence of any condition or event which
constitutes a Default or Unmatured Default at the end of the accounting period covered by the attached financial statements or as of the date of this Certificate, except as set forth below; and 

4. Schedule I attached hereto sets forth financial data and computations evidencing the Borrower’s compliance with certain covenants of
the Agreement. 
 5. [Schedule II attached hereto sets forth a revised Schedule 1 to the Agreement][To be attached to the annual statements
if a new Subsidiary has been formed or acquired or if there has been any change in the status of Material Subsidiaries] 
 Described below
are the exceptions, if any, to paragraph 3 by listing, in detail, the nature of the condition or event, the period during which it has existed and the action which the Borrower has taken, is taking, or proposes to take with respect to each such
condition or event: 
  

			
	 	  	
	 	  	
	 	  	
	 	  	

 The foregoing certifications, together with the computations set forth in Schedule I hereto and the financial
statements delivered with this Certificate in support hereof, are made and delivered this             day of             ,
201    . 

			
	
	  

	Name:	 	
	Title:	 	

 SCHEDULE I TO COMPLIANCE CERTIFICATE 

Compliance as of             ,
            with 
 Provisions of Section 6.14 of 

the Agreement 

 SCHEDULE II TO COMPLIANCE CERTIFICATE 

Subsidiary Information 

 EXHIBIT B 

ASSIGNMENT AND ASSUMPTION AGREEMENT 

This Assignment and Assumption (this “Assignment and Assumption”) is dated as of the Effective Date set forth below and is
entered into by and between the Assignor identified in item 1 below (the “Assignor”) and the Assignee identified in item 2 below (the “Assignee”). Capitalized terms used but not defined herein
shall have the meanings given to them in the Term Loan Agreement identified below (as amended, the “ Term Loan Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set
forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. 

For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably purchases
and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Term Loan Agreement, as of the Effective Date inserted by the Agent as contemplated below (i) all of the Assignor’s rights and
obligations in its capacity as a Lender under the Term Loan Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights
and obligations of the Assignor under the credit facility identified below, and (ii) to the extent permitted to be assigned under Applicable Law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a
Lender) against any Person, whether known or unknown, arising under or in connection with the Term Loan Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or
related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause
(i) above (the rights and obligations sold and assigned by the Assignor to the Assignee pursuant to clauses (i) and (ii) above being referred to herein collectively as the “Assigned Interest”). Each
such sale and assignment is without recourse to the Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by the Assignor. 

 

			
	 1.    Assignor:
	  	  

Assignor [is] [is not] a Defaulting Lender

	 2.    Assignee:
	  	  
 [and
is an Affiliate/Approved Fund of [identify Lender]]1

		
	 3.    Borrower:
	  	Enogex LLC
		
	 4.    Agent:
	  	JPMorgan Chase Bank, N.A., as the agent under the Term Loan Agreement.
		
	 5.    Term Loan     Agreement:
	  	The Term Loan Agreement dated as of August 2, 2012 by and among Borrower, the Lenders party thereto, Agent and the other agents party thereto
		
	 6.    Assigned Interest:
	  	

  

	1	Select as applicable. 

  
 1 

													
	 	  	Aggregate Amount of
Commitment/Loans for
all Lenders*	 	  	Amount of
Commitment/ Loans
Assigned*	 	  	Percentage Assigned of
Commitment/Loans2	 
		  	$	                        	  	  	$	                            	  	  	 	                	% 

  

	7.	Trade 

	  	Date3:                          
                                         
  

 Effective Date:             ,
201            [TO BE INSERTED BY AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER BY THE AGENT.] 

 

	*	Amounts to be adjusted by the counterparties take into account any payments or prepayments made between the Trade Date and the Effective Date. 

	2	Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 

	3	To be completed if the Assignor(s) and the Assignee(s) intend that the minimum assignment amount is to be determined as of the Trade Date. 

 The terms set forth in this Assignment and Assumption are hereby agreed to: 

 

			
	 ASSIGNOR
 [NAME OF
ASSIGNOR]

	 By:
	 	
		 	  

		 	 Name:
 Title:

  

			
	 ASSIGNEE
 [NAME OF
ASSIGNEE]

	 By:
	 	
		 	  

		 	 Name:
 Title:

  

			
	Consented to and Accepted:
	
	 JPMORGAN CHASE BANK,

N.A., as Agent

	 By:
	 	
		 	  

		 	 Name:
 Title:

	
	 [Consented to:

	
	 ENOGEX LLC

	 By:
	 	
		 	  

		 	 Name:
 Title:]4

  

	4	To be added only if the consent of the Borrower is required by the terms of the Term Loan Agreement 

 ANNEX 1 

TERMS AND CONDITIONS FOR 

ASSIGNMENT AND ASSUMPTION 
  

	1.	Representations and Warranties. 

 1.1 Assignor. The Assignor (a) represents
and warrants that (i) it is the legal and beneficial owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim, (iii) it has full power and authority, and has taken
all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and (iv) it is [not] a Defaulting Lender; and (b) assumes no responsibility with respect to (i) any
statements, warranties or representations made in or in connection with the Term Loan Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents,
(iii) the financial condition of the Borrower, any of its Subsidiaries or Affiliates or any other Person obligated in respect of any Loan Document, or (iv) the performance or observance by the Borrower, any of its Subsidiaries or
Affiliates or any other Person of any of their respective obligations under any Loan Document. 
 1.2. Assignee. The Assignee
(a) represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender
under the Term Loan Agreement, (ii) it is an Eligible Assignee (subject to such consents, if any, as may be required under Section 12.3.2 of the Term Loan Agreement), (iii) from and after the Effective Date, it shall be bound by the
provisions of the Term Loan Agreement as a Lender thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) none of the funds, monies, assets or other consideration being used to make the
purchase and assumption hereunder are “plan assets” as defined under ERISA and that its rights, benefits and interest in and under the Loan Documents will not be “plan assets” under ERISA, (v) it is sophisticated with
respect to decisions to acquire assets of the type represented by the Assigned Interest and either it, or the Person exercising discretion in making its decision to acquire the Assigned Interest, is experienced in acquiring assets of such type,
(vi) it has received a copy of the Term Loan Agreement, and has received or has been accorded the opportunity to receive copies of the most recent financial statements delivered pursuant to Sections 6.1.1 and 6.1.2 thereof, as applicable, and
such other documents and information as it deems appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest, (vii) it has, independently and without reliance upon
the Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest, and
(viii) attached to the Assignment and Assumption is any documentation required to be delivered by it pursuant to the terms of the Term Loan Agreement, duly completed and executed by the Assignee; and (b) agrees that (i) it will,
independently and without reliance on the Agent, the Assignor or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under
the Loan Documents, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender. 

2. Payments. From and after the Effective Date, the Agent shall make all payments in respect of the Assigned Interest (including
payments of principal, interest and other amounts) to the [Assignor] 5 for amounts which
have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date. 

 

	5 	 If assignment is being made pursuant to Section 2.19 of the Term Loan Agreement and the Borrower has made the payments required by such Section, the
Assignor’s portion of payments in respect of the Assigned Interest Shall be payable to the Borrower. 

  
 1 

 3. General Provisions. This Assignment and Assumption shall be binding upon, and
inure to the benefit of, the parties hereto and their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed
counterpart of a signature page of this Assignment and Assumption by facsimile or other electronic method of transmission shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and
Assumption shall be governed by, and construed in accordance with, the law of the State of New York. 
 [remainder of page intentionally left
blank] 

 EXHIBIT C 

NOTE 
 [Date] 

ENOGEX LLC, a Delaware limited liability company (the “Borrower”), promises to pay to
                     (the “Lender”) on the Termination Date
            DOLLARS ($            ) or, if less, the aggregate unpaid principal amount of all Loans made by the Lender to
the Borrower pursuant to Article II of the Agreement (as hereinafter defined), in immediately available funds at the main office of JPMorgan Chase Bank, N.A., as Agent, together with accrued but unpaid interest thereon. The Borrower shall pay
interest on the unpaid principal amount hereof at the rates and on the dates set forth in the Agreement. 
 The Lender shall, and is hereby
authorized to, record on the schedule attached hereto, or to otherwise record in accordance with its usual practice, the date and amount of each Loan and the date and amount of each principal payment hereunder. 

This Note is one of the Notes issued pursuant to, and is entitled to the benefits of, the Term Loan Agreement dated as of August 2, 2012
(as amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), by and among the Borrower, the lenders party thereto, including the Lender, and JPMorgan Chase Bank, N.A., as Agent, to which Agreement
reference is hereby made for a statement of the terms and conditions governing this Note, including the terms and conditions under which this Note may be prepaid or its maturity date accelerated. Capitalized terms used herein and not otherwise
defined herein are used with the meanings attributed to them in the Agreement. 
 Any assignment of this Note, or any rights or interest
herein, may only be made in accordance with the terms and conditions of the Agreement. This Note is a registered Note and, as provided in the Agreement, the Borrower, the Agent and the Lenders may treat the person whose name is recorded in the
Register as the owner hereof for all purposes, notwithstanding notice to the contrary. The entries in the Register shall be conclusive, absent manifest error. 

This Note shall be governed by, and construed in accordance with, the laws of the State of New York. 

 

					
	ENOGEX LLC
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

  
 1 

 SCHEDULE OF LOANS AND PAYMENTS OF PRINCIPAL 

TO 
 NOTE OF ENOGEX LLC, 

DATED     , 201         

 

									
	 Date
	  	Principal
Amount
of Loan	  	Maturity
of Interest
Period	  	Principal
Amount
Paid	  	Unpaid
Balance

  
 2 

 EXHIBIT D 

[INTENTIONALLY OMITTED] 

 EXHIBIT E-1 

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Term Loan Agreement dated as of August 2, 2012 (as amended, restated, supplemented or otherwise modified
from time to time, the “Term Loan Agreement”), by and among Enogex LLC, a Delaware limited liability company (the “Borrower”), the lenders party thereto (the “Lenders”) and JPMorgan Chase Bank,
N.A., as agent (the “Agent”). 
 Pursuant to the provisions of Section 3.5 of the Term Loan Agreement, the undersigned
hereby certifies that (i) it is the sole record and beneficial owner of the Loans (as well as any Note evidencing such Loans) in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of
Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (iv) it is not a controlled foreign corporation related to the Borrower as
described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished the Agent and the Borrower with a certificate of its
non-U.S. Person status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the Borrower and the Agent, and
(2) the undersigned shall have at all times furnished the Borrower and the Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of
the two calendar years preceding such payments. 
 Unless otherwise defined herein, terms defined in the Term Loan Agreement and used herein
shall have the meanings given to them in the Term Loan Agreement. 
  

					
	[NAME OF LENDER]
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

 Date:
                    , 201     

 EXHIBIT E-2 

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Term Loan Agreement dated as of August 2, 2012 (as amended, restated, supplemented or otherwise modified
from time to time, the “Term Loan Agreement”), by and among Enogex LLC, a Delaware limited liability company (the “Borrower”), the lenders party thereto (the “Lenders”) and JPMorgan Chase Bank,
N.A., as agent (the “Agent”). 
 Pursuant to the provisions of Section 3.5 of the Term Loan Agreement, the undersigned
hereby certifies that (i) it is the sole record and beneficial owner of the participation in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of Section 881(c)(3)(A) of the Code,
(iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code, and (iv) it is not a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of
the Code. 
 The undersigned has furnished its participating Lender with a certificate of its non-U.S. Person status on IRS Form W-8BEN. By
executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender in writing, and (2) the undersigned shall have at all times furnished
such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

Unless otherwise defined herein, terms defined in the Term Loan Agreement and used herein shall have the meanings given to them in the Term
Loan Agreement. 
  

					
	[NAME OF PARTICIPANT]
		
	By:	 	 
		 	Name:	 	
		 	Title:	 	

 Date:
                    , 201         

 EXHIBIT E-3 

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Term Loan Agreement dated as of August 2, 2012 (as amended, restated, supplemented or otherwise modified
from time to time, the “Term Loan Agreement”), by and among Enogex LLC, a Delaware limited liability company (the “Borrower”), the lenders party thereto (the “Lenders”) and JPMorgan Chase Bank,
N.A., as agent (the “Agent”). 
 Pursuant to the provisions of Section 3.5 of the Term Loan Agreement, the undersigned
hereby certifies that (i) it is the sole record owner of the participation in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners of such participation,
(iii) with respect such participation, neither the undersigned nor any of its direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the
meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or
indirect partners/members is a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 

The undersigned has furnished its participating Lender with IRS Form W-8IMY accompanied by one of the following forms from each of its
partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN from each of such partner’s/member’s beneficial owners that is claiming the
portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender and (2) the undersigned shall have
at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

Unless otherwise defined herein, terms defined in the Term Loan Agreement and used herein shall have the meanings given to them in the Term
Loan Agreement. 
  

			
	[NAME OF PARTICIPANT]
		
	By:	 	 
	Name:	 	
	Title:	 	

 Date:             , 201     

 EXHIBIT E-4 

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

(For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Term Loan Agreement dated as of August 2, 2012 (as amended, restated, supplemented or otherwise modified
from time to time, the “Term Loan Agreement”), by and among Enogex LLC, a Delaware limited liability company (the “Borrower”), the lenders party thereto (the “Lenders”) and JPMorgan Chase Bank,
N.A., as agent (the “Agent”). 
 Pursuant to the provisions of Section 3.5 of the Term Loan Agreement, the undersigned
hereby certifies that (i) it is the sole record owner of the Loans (as well as any Note evidencing such Loans) in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial
owners of such Loans (as well as any Note evidencing such Loans), (iii) with respect to the extension of credit pursuant to the Term Loan Agreement or any other Loan Document, neither the undersigned nor any of its direct or indirect
partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect
partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled foreign corporation related to the Borrower as
described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished the Agent and the Borrower with IRS Form W-8IMY
accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN from each of such
partner’s/member’s beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall
promptly so inform the Borrower and the Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Agent with a properly completed and currently effective certificate in either the calendar year in which each payment
is to be made to the undersigned, or in either of the two calendar years preceding such payments. 
 Unless otherwise defined herein, terms
defined in the Term Loan Agreement and used herein shall have the meanings given to them in the Term Loan Agreement. 
  

			
	[NAME OF LENDER]
		
	By:	 	 
	Name:	 	
	Title:	 	

 Date:             , 201EX-10.4

 Exhibit 10.4 
 ISSUING AND PAYING AGENCY AGREEMENT 
 THIS ISSUING AND PAYING AGENCY
AGREEMENT, dated as of November 15, 2009 (the “Agreement”), is made by and between ENOGEX LLC, a limited liability company organized under the laws of the State of Delaware (the “Issuer”), and UMB BANK, N.A., a national
banking association duly organized and existing under the laws of the United States, as issuing and paying agent (the “Issuing Agent”). Terms used and not defined herein but defined in the Notes (as hereinafter defined) have the
meanings set forth in the Notes. 
 WITNESSETH: 
 SECTION 1. Appointment of Agent. The Issuer proposes to issue its 6.25% Senior Notes due 2020 (the “Notes”), initially in the aggregate principal amount of
$250,000,000. As provided in Section 11 below, the series of Notes may be reopened and additional notes in excess of $250,000,000 may be issued. The Issuer and J.P. Morgan Securities Inc., Mitsubishi UFJ Securities (USA), Inc., Wells
Fargo Securities, LLC, BNY Mellon Capital Markets, LLC, U.S. Bancorp Investments, Inc., KeyBanc Capital Markets Inc. and BOSC, Inc. (collectively, the “Initial Purchasers”) have entered into a Purchase Agreement dated as of
November 10, 2009, relating to the sale and purchase of the Notes. The Issuer hereby appoints the Issuing Agent to act, on the terms and conditions specified herein, as issuing and paying agent for the Notes. 

SECTION 2. Note Form; Terms; Execution. The Notes shall be in substantially the form of Exhibit A
hereto. The Notes shall be in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof and shall be redeemable by the Issuer prior to maturity as provided in the form of Note and shall bear interest as provided in the
form of Note. Each Note shall be executed by the manual or facsimile signature of an Authorized Representative (as defined in Section 3 hereof) of the Issuer and shall be authenticated by the Issuing Agent. 

SECTION 3. Authorized Representatives. From time to time, the Issuer will furnish the Issuing Agent with a certificate
of the Issuer certifying the incumbency and specimen signatures of the Issuer’s officers authorized to execute Notes on behalf of the Issuer by manual or facsimile signature (an “Authorized Representative”). Until the Issuing
Agent receives a subsequent incumbency certificate of the Issuer, the Issuing Agent shall be entitled to rely on the last such certificate delivered to it for purposes of determining the Authorized Representatives. The Issuing Agent shall have
no responsibility to the Issuer to determine by whom or by what means a facsimile signature may have been affixed on the Notes, or to determine whether any facsimile or manual signature is genuine. Any Note bearing the manual or facsimile
signature of a person who is an Authorized Representative on the date such signature is affixed shall bind the Issuer after the completion and authentication thereof by the Issuing Agent, notwithstanding that such person shall have ceased to hold
office on the date such Note is completed, authenticated and delivered by the Issuing Agent. 
 SECTION 4. Issuance
Instructions; Completion, Authentication and Delivery of Notes. Prior to the original issuance of the Notes, the Authorized Representative shall give written issuance instructions (the “Issuance Instructions”) to the Issuing Agent
directing that the Issuing Agent issue and authenticate the Notes. The Issuing Agent shall have no duty to issue Notes in the absence of the Issuance Instructions. The Issuance Instructions shall include the: (a) names and addresses
of the persons in whose name the Note shall be registered (each, a “Registered Holder”) and the addresses for payment, if different; (b) taxpayer identification number of each Registered Holder; (c) Principal Amount, Stated
Maturity Date, Interest Rate, Original Issue Date and delivery instructions. The Issuing Agent shall deliver the Notes on the Original Issuance Date in accordance with the Issuance Instructions. 

SECTION 5. Issuer’s Representations and Warranties. The Issuance Instructions shall constitute the Issuer’s
representation and warranty to the Issuing Agent that the issuance and delivery of the Notes have been duly and validly authorized by the Issuer and that the Notes, when completed, authenticated and delivered pursuant hereto, will constitute the
legal, valid and binding obligations of the Issuer. 
 SECTION 6. Payment of Note Interest; Interest Payment Dates;
Record Dates; Interest Rights. 

 (a) Interest payments on the Notes will be made semiannually on March 15 and
September 15 of each year, commencing March 15, 2010, and upon redemption or at maturity. All such interest payments (other than interest due upon redemption or at maturity) will be made to the persons who are the Registered Holders
at the close of business on the fifteenth day (whether or not a Business Day) immediately preceding each such Interest Payment Date (each a “Regular Record Date”), provided, however, that interest payable upon redemption or
at maturity will be payable to the person to whom the principal is payable. Notwithstanding the foregoing, if the Original Issue Date or date of transfer, exchange or substitution of any Note occurs either on an Interest Payment Date or between
a Regular Record Date and the next succeeding Interest Payment Date, the first payment of interest on any such Note will be made on the Interest Payment Date next following the next succeeding Regular Record Date to the person who is the Registered
Holder on such next succeeding Regular Record Date. If an Interest Payment Date, maturity or redemption date would fall on a day that is not a Business Day, the Interest Payment Date, maturity or redemption date will be the next succeeding
Business Day. Interest on a Note will accrue from, and including, the Original Issue Date or from, and including, the most recent date to which interest has been paid or duly provided for with respect to that Note. Interest on the Notes
will be calculated on the basis of a 360-day year of twelve 30-day months. 
 Payment of principal of, and premium, if any, and
interest on any Notes issued in the form of Global Notes (as defined below) will be made by the Issuer through the Issuing Agent to The Depository Trust Company (“DTC”) or any successor securities depositary. Interest on any Notes
that are in certificated form will be paid by check mailed to the Registered Holder at that Registered Holder’s address as it appears in the register for the Notes maintained by the Issuing Agent; provided, however, a Registered Holder of
$10,000,000 or more in aggregate principal amount of Notes will be entitled to receive payments of interest by wire transfer to a bank within the continental United States, if appropriate wire transfer instructions have been received by the Issuing
Agent on or prior to the applicable Regular Record Date. Such wire instructions, upon receipt by the Issuing Agent, shall remain in effect until revoked by such Registered Holder. The principal, interest at maturity and premium, if any, on
Notes in certificated form will be payable in immediately available funds at the office of the Issuing Agent upon presentation of the Notes. If required by law, the Issuing Agent will withhold any taxes or other governmental charges on any
payment made in connection with the Notes. 
 (b) Any interest on any Note which is payable, but is not punctually paid or
duly provided for, on any Interest Payment Date (“Defaulted Interest”) shall forthwith cease to be payable to the person who is the Registered Holder on the relevant Regular Record Date by virtue of having been such Registered Holder, and
such Defaulted Interest may be paid by the Issuer, at its election in each case, as provided in clause (i) or (ii) below: 
 (i) The Issuer may elect to make payment of any Defaulted Interest to the persons who are the Registered Holders of the Notes to which the Defaulted Interest relates (“Defaulted Notes”) (or
their respective predecessor Notes) at the close of business on a special record date for the payment of such Defaulted Interest, which special record date shall be fixed in the following manner. The Issuer shall notify the Issuing Agent in
writing of the amount of Defaulted Interest proposed to be paid on each of the Defaulted Notes and the date of the proposed payment, and at the same time the Issuer shall deposit with the Issuing Agent an amount of money equal to the aggregate
amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Issuing Agent for such deposit prior to the date of the proposed payment, such money when deposited to be held in trust for the benefit
of those entitled to such Defaulted Interest as in this clause provided. Thereupon the Issuing Agent shall fix a special record date for the payment of such Defaulted Interest which shall be not more than 15 days and not less than 10 days prior
to the date of the proposed payment and not less than 10 days after the receipt by the Issuing Agent of the notice of the proposed payment. The Issuing Agent shall promptly notify the Issuer of such special record date and, in the name and at
the expense of the Issuer, shall cause notice of the 

  
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 proposed payment of such Defaulted Interest and the special record date therefor to be
mailed, first-class postage prepaid, to each Registered Holder of Defaulted Notes as of the special record date at the address as it appears in the Note Register, not less than 10 days prior to such special record date. Notice of the proposed
payment of such Defaulted Interest and the special record date therefor having been so mailed, such Defaulted Interest shall be paid to those in whose names the Defaulted Notes (or their respective predecessor Notes) are registered at the close of
business on such special record date and shall no longer be payable pursuant to following clause (ii). 
 (ii) The
Issuer may make payment of any Defaulted Interest on the Defaulted Notes in any other lawful manner not inconsistent with the requirements of any securities exchange which maintains a system for the trading of restricted securities and through which
the Notes are so traded, and upon such notice as may be required by such exchange, if, after notice given by the Issuer to the Issuing Agent of the proposed payment pursuant to this clause, such manner of payment shall be deemed practicable by the
Issuing Agent. Subject to the foregoing provisions of this Section, each Note authenticated and delivered under this Agreement upon registration of transfer or in exchange for or in lieu of any other Note shall carry the rights to interest
accrued and unpaid, and to accrue, which were carried by such other Note. 
 SECTION 7. Payment of Note
Principal. The Issuing Agent will pay to the Registered Holder in immediately available funds the principal amount of each Note on the redemption date, if any, or at maturity, together with accrued interest, if any, and premium, if any, due
upon redemption or at maturity, only upon presentation and surrender of such Note on or after the redemption date or maturity date thereof, as the case may be, at the offices of the Issuing Agent located at the address listed in
Section 23(b)(ii) hereof, or at such other address of the Issuing Agent or the office or agency of such other paying agent as the Issuer shall designate in the Borough of Manhattan, New York City, in writing to the Registered Holder of such
Note. The Issuing Agent will forthwith cancel each such Note and promptly forward same in due course to the Issuer. 

SECTION 8. Other Information Regarding the Notes. On any day on which Notes are issued, redeemed or mature, the
Issuing Agent shall prepare and forward to the Issuer as of the close of business on such day a written statement indicating by Note number and principal amount of the Notes issued on such day and the aggregate principal amount of the Notes
outstanding at the close of business on such day. 
 SECTION 9. Deposit of Funds. The Issuer shall deposit
with the Issuing Agent not later than 10:00 a.m. New York City time on each Interest Payment Date funds available for payment on such Interest Payment Date in an amount sufficient to pay all interest due on the Notes on such Interest Payment
Date and shall deposit with the Issuing Agent not later than 10:00 a.m. New York City time on each redemption date or maturity date of any Note funds available for payment on such Interest Payment Date in an amount sufficient to pay the
principal of, premium, if any, and accrued interest, if any, on any such Note to, but excluding, the redemption date or maturity date, as the case may be. If there is deposited with the Issuing and Paying Agent as trust funds, for the purpose
hereinafter stated, an amount, in cash or in U.S. Government Securities sufficient to pay and discharge the principal of and premium and interest, if any, on the Notes, as and when the same become due and payable, including upon any redemption prior
to maturity, the Issuer will be deemed to have satisfied and discharged the Notes. Notwithstanding the foregoing, if the Notes are to be redeemed prior to their maturity as contemplated by Section 10 hereof, such Notes will not be deemed
satisfied and discharged until such Notes have been irrevocably called or designated for redemption on a date when such Notes may be called for redemption and proper notice of redemption has been given in accordance with the terms of the Notes or
the Issuer has given the Issuing and Paying Agent irrevocable instructions to give such notice of redemption.  

SECTION 10. Optional Redemption. The Notes shall be subject to redemption at the option of the Issuer as provided in the
form of Note attached hereto as Exhibit A. In the event that the Issuer elects to redeem Notes, in whole or in part, the Issuer shall give written notice to the Issuing Agent of the principal amount of Notes to be so redeemed not
less than 45 days or more than 60 days prior to the redemption date, which notice shall also specify the redemption date and applicable redemption price or the method of determining the same. The Issuing Agent shall cause notice of redemption
to be given not less than 30 or more than 60 days prior to the redemption date in the name, and at the expense, of the Issuer in the manner provided in the Note. Whenever less than all the Notes outstanding are to be redeemed, the Notes to be
so redeemed shall be selected by the Issuing Agent, by lot or in any usual manner approved by it. 

  
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 SECTION 11. Reopening of Notes. The Notes may be reopened and additional
Notes may be issued in excess of the limitation set forth in Section 1, provided that such additional Notes will contain the same terms (including the maturity date and interest payment terms) as the other Notes. Any such additional
Notes, together with the other Notes, shall constitute a single series for purposes of this Agreement. 

SECTION 12. Note Register; Registration, Transfer, Exchange; Persons Deemed Owners. 

(a) It is understood that the Note Register (as hereinafter defined) shall be maintained by such method as the Issuer and the Issuing
Agent shall mutually agree. The term “Note Register” shall mean the definitive record in which shall be recorded the names, addresses, addresses for payment and taxpayer identification numbers of the Registered Holders, the Note
numbers and Original Issue Date thereof and details with respect to the issuance, transfer and exchange of Notes, as appropriate. 
 (b) Upon the presentation of a Note for registration of transfer, the Issuing Agent shall register the transfer of such Note if such Note is to be transferred: 

(i) to the Issuer or any of the Issuer’s subsidiaries; 
 (ii) for so long as the Notes are eligible for resale pursuant to Rule 144A (“Rule 144A”) under the Securities Act of 1933, as amended (the “Securities Act”), to a
person whom the seller reasonably believes is a “qualified institutional buyer” (as defined in Rule 144A) that purchases for its own account or for the account of a qualified institutional buyer to which notice is given that the
transfer is being made in reliance on Rule 144A; 
 (iii) pursuant to offers and sales to persons other than “U.S.
persons,” as that term is defined in Rule 902 of Regulation S under the Securities Act (“Regulation S”), that occur outside the United States in accordance with Regulation S; 

(iv) pursuant to a registration statement that has been declared effective under the Securities Act; or 

(v) pursuant to any other available exemption from the registration requirements of the Securities Act, 

subject, in each of the foregoing cases, to any requirement of law that the disposition of property or the property of such investor account or accounts
be at all times within its or their control and, in each case, in compliance with applicable securities laws of any U.S. state or any other applicable jurisdiction. The Issuer and the Issuing Agent, as the case may be, reserve the right prior
to any offer, sale or other transfer of such a Note described in clause (ii), (iii) or (v) above to require the delivery of an opinion of counsel, certifications and/or other information satisfactory to the Issuer and the Issuing
Agent, as the case may be, including, among other things, requiring the holder and the prospective purchaser or transferee to complete the Certificate of Transfer on the reverse of such Note or a duly completed Bond Power substantially in the form
attached hereto as Exhibit B (the “Bond Power”) to advise the Issuing Agent of the basis for such transfer and the availability of the exemption from registration provided thereby; provided that a Certificate of Transfer or Bond Power
shall not be required in the case of any Note in certificated form from which the restrictive legend originally set forth on the face thereof (or on the face of one or more predecessor Notes) has been removed with the consent of the Issuer in
accordance with the procedures set forth in this Agreement. In registering the transfer of any Notes pursuant to this 
 Section 12(b)
or Section 12(h), the Issuing Agent shall be entitled to rely without further investigation on a duly completed Bond Power or such other certificate or instrument of transfer that the Issuer has advised the Issuing Agent is acceptable to the
Issuer. 

  
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 With respect to any transfer of interests in a Note described in clause (iii) above on
or prior to the 40th day after the later of the commencement of the offering of the Notes and the date of the initial issuance of the Notes, if the Note is being transferred to a holder described in clause (ii) above, the Issuing Agent will
require written certification from the transferee or transferor, as the case may be, (in the form of the Bond Power) to the effect that (i) such transferee is purchasing the Notes for its own account or for accounts as to which it exercises
sole investment discretion and that it and, if applicable, each account is a qualified institutional buyer within the meaning of Rule 144A, in each case, in a transaction meeting the requirements of Rule 144A and in accordance with any applicable
securities laws of any state of the United States or any other jurisdiction or (ii) the transferor did not purchase the Notes as part of the initial distribution thereof and the transfer is being effected pursuant to and in accordance with an
applicable exemption from the registration requirements of the Securities Act and the transferor has delivered to the Issuing Agent such additional evidence that the Issuer or the Issuing Agent, as applicable, may require as to compliance with such
available exemption. 
 With respect to any transfer of interests in a Note described in clause (ii) above at any time, if
the Notes is being transferred to a holder described in clause (iii) above, the Issuing Agent will require written certification from the transferee or transferor, as the case may be, (in the form of the Bond Power) to the effect that such
transferee is not a U.S. person within the meaning of Rule 902 of Regulation S and that it is acquiring the Note in a transaction or transactions taking place outside the United States in accordance with Regulation S. 

(c) In connection with the issuance of Notes arising from a transfer, the Original Issue Date of the Note shall be the same date as
the Original Issue Date of the Note being transferred. 
 (d) In connection with any registration of transfer of Notes, the
Issuer and the Issuing Agent may require payment of a sum sufficient to cover any applicable tax or other governmental charge. 

(e) Prior to due presentment of a Note for registration of transfer, the Issuer and the Issuing Agent may deem and treat the
Registered Holder of any Note as the absolute owner of such Note for the purpose of receiving payment of the principal of, premium, if any, and interest on such Note and for all other purposes whatsoever, whether or not such Note or the interest
thereon shall be overdue, and neither the Issuer nor the Issuing Agent, except as provided in this Section 12, shall be affected by notice to the contrary. 
 (f) Each Note presented for registration of transfer shall be duly endorsed or be accompanied by an appropriate written instrument of transfer. 

(g) Upon surrender for registration of transfer of any Note and satisfaction of the requirements of this Section 12, the Issuing
Agent shall complete, authenticate and deliver, in the name of the designated transferee or transferees, one or more new registered Notes of any authorized denominations, of a like aggregate principal amount, bearing a number not contemporaneously
outstanding and containing identical terms and provisions. 
 (h) Subject to the requirements of Section 12(b) hereof,
at the option of any Registered Holder, Notes may be exchanged for other Notes containing identical terms and provisions, in any authorized denominations, and of a like aggregate principal amount, upon surrender of the Notes to be exchanged to the
Issuing Agent, provided that there is no obligation to exchange or register the transfer of any Note during the period of 15 days immediately preceding the date of first giving any notice of redemption of Notes. Whenever any Notes are so
surrendered for exchange, the Issuing Agent shall complete, authenticate and deliver the Notes that the Registered Holder making the exchange is entitled to receive. 

  
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 SECTION 13. Mutilated, Destroyed, Lost, or Stolen Notes. In case any Note shall
become mutilated or destroyed, lost or stolen, the Issuer in its discretion may execute and upon its request the Issuing Agent shall complete, authenticate and make available for delivery a Note, having the same terms and provisions and a number not
contemporaneously outstanding, payable in the same principal amount, of like tenor, and dated the same Original Issue Date in exchange and substitution for the mutilated Note or in lieu of and substitution for the Note destroyed, lost or
stolen. The applicant for a substituted Note shall furnish to the Issuer and the Issuing Agent such security or indemnity as may be required by them to hold each of them harmless, and, in every case of destruction, loss or theft, the applicant
shall also furnish to the Issuer and the Issuing Agent evidence to their satisfaction of the destruction, loss or theft of such Note and of the ownership thereof. The Issuing Agent shall complete and authenticate any such substituted Note and
deliver the same upon the written request or authorization of any Authorized Representative. Upon the issuance of any substituted Note, the Issuer and the Issuing Agent may require the Registered Holder of such Note to pay a sum sufficient to
cover any fees and expenses associated therewith. In case any Note which has matured or will mature or will be redeemed within 30 days shall become mutilated or be destroyed, lost or stolen, the Issuer, instead of issuing a substitute Note, may
pay or authorize the payment of the same (without surrender thereof except in the case of a mutilated Note) upon compliance by the Registered Holder with the provisions of this Section, as hereinabove set forth. The Issuing Agent shall record
on the Note Register the cancellation of any original Notes (whether or not physically surrendered to the Issuing Agent) and the reissue of Notes in substitution therefor due to mutilation, destruction, loss or theft. 

SECTION 14. Application of Funds; Return of Unclaimed Funds. Until used or applied as herein provided, all funds
received by the Issuing Agent hereunder shall be held for the purposes for which they were received but need not be segregated from other funds except to the extent required by law. The Issuing Agent shall be under no liability for interest on
any funds received by it hereunder except as otherwise agreed with the Issuer. Any funds deposited with the Issuing Agent and remaining unclaimed at the end of two years after the date upon which the last payment of the principal of, premium,
if any, or interest on any Note to which such deposit relates shall have become due and payable, shall be repaid to the Issuer by the Issuing Agent at the Issuer’s written request, and the Holder of any Note to which such deposit relates
entitled to receive payment thereof shall thereafter look only to the Issuer for the payment thereof and all liability of the Issuing Agent with respect to such funds shall thereupon cease. 

SECTION 15. Global Notes. 
 (a) If specified in the Issuance Instructions, except as provided in subsections (c) and (g) below, the holder of all of the Notes to be issued pursuant to such Issuance Instructions shall
be DTC and such Notes shall be registered in the name of Cede & Co., as nominee for DTC. 
 (b) Such Notes shall
initially be issued in the form of one or more authenticated, fully registered certificates in the name of Cede & Co. (the “Global Notes”), which shall represent, and shall be denominated in an amount equal to, the aggregate
principal amount of such of the Notes as shall be specified therein. Upon initial issuance, the Initial Purchasers shall deliver the Notes in book-entry form only through the facilities of DTC and its participants, including its participants
Euroclear Bank S.A./N.V., as operator of the Euroclear System, and Clearstream Banking, société anonyme, and the ownership of such Notes shall be registered in the Note Register in the name of Cede & Co., as nominee of
DTC. So long as Notes are evidenced by one or more Global Notes, the Issuing Agent and the Issuer may treat DTC (or its nominee) as the sole and exclusive holder of such Notes registered in its name for the purposes of payment of the principal
of, premium, if any, and interest on such Notes or portion thereof to be redeemed, and of giving any notice permitted or required to be given to holders of such Notes and neither the Issuing Agent nor the Issuer shall be affected by any notice to
the contrary. Neither the Issuing Agent nor the Issuer shall have any responsibility or obligation to any of DTC’s participants (each a “Participant”), any person claiming a beneficial ownership in such Notes under or through DTC
or any Participant (each a “Beneficial Owner”), or any other person which is not shown on the Note Register as being a holder, with respect to the accuracy of any records maintained by DTC or any Participant; the payment of DTC or any
Participant of any amount in respect of the principal 

  
 6 

 
of, premium, if any, or interest on such Notes; any notice which is permitted or required to be given to holders of such Notes; the selection by DTC or any Participant of any person to receive
payment in the event of a partial redemption of such Notes; any notice which is permitted or required to be given to holders of such Notes; the selection by DTC or any Participant of any person to receive payment in the event of a partial redemption
of such Notes; or any consent given or other action taken by DTC as holder of such Notes. The Issuing Agent shall pay all principal of, premium, if any, and interest on such Notes registered in the name of Cede & Co. only to or
“upon the order of” DTC (as that term is used in the Uniform Commercial Code as adopted in New York), and all such payments shall be valid and effective to fully satisfy and discharge the Issuer’s obligations with respect to the
principal of, premium, if any, and interest on such Notes to the extent of the sum or sums so paid. Except as otherwise provided in subsections (c) and (g) of Section 15 below, no person other than DTC shall receive authenticated
Note certificates evidencing the obligation of the Issuer to make payments of principal of, premium, if any, and interest on such Notes. Upon delivery by DTC to the Issuing Agent of written notice to the effect that DTC has determined to
substitute a new nominee in place of Cede & Co., and subject to the other provisions of this Agreement with respect to transfers of Notes, the word “Cede & Co.” in this Agreement shall refer to such new nominee of DTC.

 (c) Any Global Note shall be exchangeable for Notes in certificated form registered in the names of Participants and/or
Beneficial Owners if, but only if, (i) DTC notifies the Issuer that it is unwilling or unable to continue as depositary for such Notes and a successor depository is not appointed by the Issuer within 90 days of such notice, or (ii) there
shall have occurred and be continuing a default or an event that with notice or passage of time, or both, would constitute a default with respect to the Global Notes and the Issuing Agent has received a request from DTC to issue Notes in
certificated form. In any such event, the Issuing Agent shall issue, transfer and exchange Note certificates as requested by DTC in appropriate amounts pursuant to this Agreement. The Issuer shall pay all costs in connection with the
production, execution and delivery of such Note certificates. If Note certificates are issued, the provisions of this Agreement shall apply to, among other things, the transfer and exchange of such certificates and the method of payment of
principal of, premium, if any, and interest on such certificates. 
 (d) Notwithstanding any other provision of this
Agreement to the contrary, so long as any Notes are evidenced by one or more Global Notes, registered in the name of Cede & Co., as nominee of DTC, all payments with respect to the principal of, premium, if any, and interest on such Notes
and all notices with respect to such Notes shall be made and given, respectively, to DTC as provided in the representation letter relating to the Notes among DTC, the Issuing Agent and the Issuer. The Issuing Agent is hereby authorized and
directed to comply with all terms of the representation letter. 
 (e) In connection with any notice or other communication
to be provided to the holders of such Notes by the Issuer or the Issuing Agent with respect to any consent or other action to be taken by the holders of such Notes, the Issuer or the Issuing Agent, as the case may be, shall seek to establish a
record date for such consent or other action and give DTC notice of such record date not less than 15 calendar days in advance of such record date to the extent possible. Such notice to DTC shall be given only when DTC is the sole holder of the
Notes. 
 (f) Neither the Issuer nor the Issuing Agent will have any responsibility or obligations to the Participants or
the Beneficial Owners with respect to (i) the accuracy of any records maintained by DTC or any Participant, (ii) the payment by DTC or any Participant of any amount due to any Beneficial Owner in respect of the principal of, premium, if
any, or interest on the Notes, (iii) the delivery by DTC or any Participant of any notice to any Beneficial Owner, (iv) the selection of the Beneficial Owners to receive payment in the event of any partial redemption of the Notes, or
(v) any consent given or other action taken by DTC as a holder of the Notes. 

  
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 So long as Cede & Co. is the Registered Holder of the Notes as nominee of DTC,
references herein to the Notes or Registered Holders of the Notes shall mean Cede & Co. and shall not mean the Beneficial Owners of the Notes nor DTC Participants. 
 (g) No Global Note may be transferred except as a whole by DTC to a nominee of DTC or by a nominee of DTC to DTC or another nominee of DTC or by DTC or any such nominee to a successor of DTC or a
nominee of such successor. 
 (h) Upon the termination of the services of DTC with respect to any Global Note pursuant to
subsection (c) of this Section 15 after which no substitute book-entry depository is appointed, such Global Notes shall be registered in whatever name or names holders transferring or exchanging such Global Notes shall designate in
accordance with the provisions of this Agreement. 
 SECTION 16. Liability. Neither the Issuing Agent nor its
officers or employees shall be liable to the Issuer for any act or omission hereunder except in the case of the Issuing Agent’s negligence or willful misconduct. The duties and obligations of the Issuing Agent, its officers and employees
shall be determined by the express provisions of this Agreement and they shall not be liable except for the performance of such duties and obligations as are specifically set forth herein and no implied covenants shall be read into this Agreement
against them. The Issuing Agent may consult with counsel of its selection and shall be fully protected in any action taken in good faith in accordance with the advice of counsel. Neither the Issuing Agent nor its officers or employees shall be
required to ascertain whether any sale of Notes (or any amendment or termination of this Agreement) has been duly authorized (provided that the Issuing Agent in good faith has determined in accordance with Section 3 hereof that the
facsimile or manual signature of an Authorized Representative or any person who has been designated by an Authorized Representative in writing to the Issuing Agent resembles the specimen signature filed with the Issuing Agent) or is in compliance
with any other agreement to which the Issuer is a party (whether or not the Issuing Agent is also a party to such other agreement). The Issuing Agent shall not be required to, and shall not, expend or risk any of its own funds or otherwise
incur any financial liability in the performance of any of its duties hereunder. 
 SECTION
17. Indemnification. The Issuer agrees to indemnify and hold harmless the Issuing Agent, its directors, officers, employees and agents from and against any and all liabilities (including liability for penalties), losses, claims,
damages, actions, suits, judgments, demands, costs and expenses (including reasonable legal fees and expenses of counsel of its selection) relating to or arising out of or in connection with its or their performance under this Agreement, except to
the extent that they are caused by the negligence or willful misconduct of the Issuing Agent, its directors, officers, employees or agents; provided, however, that if any such action or suit shall be commenced against, or any such
claim or demand be assessed against the Issuing Agent in respect of which the Issuing Agent or any of its directors, officers, employees or agents proposes to demand indemnification, the Issuer shall be notified to that effect with reasonable
promptness and shall have the right to assume the entire control of the defense, compromise or settlement thereof, including employment of counsel (provided that the Issuing Agent shall have the right to consent in advance to the counsel so
employed, such consent not to be unreasonably withheld, and provided further that the Issuer shall consult in good faith with the Issuing Agent from time to time in connection with such action or suit) and in connection therewith, the Issuing
Agent and its directors, officers, employees and agents shall cooperate fully to make available to the Issuer all pertinent information under its and their control. The foregoing indemnity includes, but is not limited to, any action taken or
omitted in good faith within the scope of this Agreement upon telephonic, telecopier or other electronically transmitted instructions, if authorized herein, received from, or reasonably believed by the Issuing Agent in good faith to have been given
by, an Authorized Representative. This indemnity shall survive the resignation or removal of the Issuing Agent and the satisfaction or termination of this Agreement. 
 SECTION 18. Electronic System Timesharing. It is understood that any electronic timesharing services which may be utilized by the Issuer and the Issuing Agent in the issuance of Notes and
maintenance of the Note Register may be furnished to the Issuing Agent by a third party provider. If such third party provider has granted permission to the Issuing Agent to allow its clients to use such timesharing services, and in
consideration for such permission, it is understood and agreed that such services will be supplied to such clients “as is”, without warranty by the third party provider or the Issuing Agent, then the Issuer hereby waives any claims it may
have against such third party provider. 

  
 8 

 SECTION 19. Compensation of the Issuing Agent. The Issuer agrees to pay the
compensation of the Issuing Agent at such rates as shall be agreed upon from time to time in writing and to reimburse the Issuing Agent for its reasonable out-of-pocket expenses (including reasonable legal fees and expenses), disbursements and
advances incurred or made in connection with the Issuing Agent’s execution and performance of this Agreement. The obligations of the Issuer to the Issuing Agent pursuant to this Section shall survive the resignation or removal of the
Issuing Agent and the satisfaction or termination of this Agreement. 
 SECTION 20. Amendments. 

(a) This Agreement may be amended by any written instrument signed by the parties, so long as such amendment does not adversely
affect the rights of the Registered Holders of Notes, as certified in writing by the Issuer to the Issuing Agent. 
 (b) The
Issuer and the Issuing Agent agree to cooperate to adopt amendments or supplements to this Agreement from time to time to modify the restrictions and procedures for resales and other transfers of the Notes to reflect any change in applicable law or
regulation (or the interpretation thereof) or in practices relating to the resale or transfer of restricted securities generally. 
 SECTION 21. Removal of Restrictions. Upon the consent of the Issuer and subject to the Issuer’s right to require an opinion of counsel to the effect that the restrictions are no
longer required under the Securities Act and in form acceptable to the Issuer, a Registered Holder may surrender its Note to the Issuing Agent who, upon written instructions of the Issuer, shall issue in exchange for that Note one or more unlegended
Notes of any authorized denomination, of a like aggregate principal amount bearing a number not contemporaneously outstanding and containing identical terms and provisions. The Issuing Agent shall not deliver unlegended Notes without the
written instructions of the Issuer. 
 SECTION 22. Issuer Information. The Issuer shall provide to any holder
of a beneficial interest in any Note or any prospective purchaser of a Note or a beneficial interest therein, upon the request of such holder or prospective purchaser, the information regarding the Issuer required to be prepared by the Issuer
pursuant to Rule 144A. 
 SECTION 23. Notices. 

(a) All communications by or on behalf of the Issuer relating to the issuance, transfer, exchange or payment of the Notes or interest
thereon shall be in writing and directed to the Issuing Agent at its address set forth in subsection (b)(ii) of this Section 23, and the Issuer will send all Notes to be completed, authenticated and delivered by the Issuing Agent to such
address (or such other address as the Issuing Agent shall specify in writing to the Issuer). 
 (b) Notices and other
communications hereunder shall (except to the extent otherwise expressly provided) be in writing, shall be deemed effective when received and shall be addressed as follows, or to such other addresses as the parties hereto shall specify from time to
time: 
 (i) if to the Issuer: 

Enogex LLC 
 515 Central Park Drive, Suite 110

 Oklahoma City, Oklahoma 73105 

Attention: Chief Financial Officer 

Telephone: (405) 525-7788 

Facsimile: (405) 525-5258 

  
 9 

 With a copy to: 
 Jones Day 
 77 West Wacker Drive 
 Chicago, Illinois 60601 
 Attention: Robert J. Joseph, Esq. 

Telephone: (312) 782-3939 

Facsimile: (312) 782-8585 
 (ii) if to the Issuing Agent: 
 UMB Bank, N.A. 

1010 Grand Boulevard, 4th Floor 
 Kansas City,
Missouri 64106 
 Attention: Corporate Trust Department 
 Telephone: (816) 860-3020 
 Telefax: (816) 860-3029 

SECTION 24. Resignation or Removal of Issuing Agent. The Issuing Agent may at any time resign as such agent by giving
written notice to the Issuer of such intention on its part, specifying the date on which its desired resignation shall become effective; provided, however, that such date shall be not less than thirty days after the giving of such
notice by the Issuing Agent to the Issuer. The Issuing Agent may be removed at any time by the filing with it of an instrument in writing signed by a duly authorized officer of the Issuer and specifying such removal and the date upon which it
is intended to become effective, which date shall not be less than 30 days from the date that notice is received. Such resignation or removal shall take effect on the date of the appointment by the Issuer of a successor Issuing Agent and the
acceptance of such appointment by such successor Issuing Agent. In the event of resignation by the Issuing Agent or removal by the Issuer, if a successor agent has not been appointed by the date as of which the resignation or removal of the
Issuing Agent is to be effective, as set forth in the resignation notice of the Issuing Agent referred to above, the Issuing Agent may, at the expense of the Issuer, petition any court of competent jurisdiction for appointment of a successor Issuing
Agent. 
 SECTION 25. Cancellation of Unissued Notes. Upon the written request of the Issuer, the Issuing Agent
shall cancel and return to the Issuer all unissued Notes in its possession at the time of such request; provided, however, that the Issuing Agent shall not be required to destroy cancelled Notes. 

SECTION 26. Benefit of Agreement. This Agreement is solely for the benefit of the parties hereto, their successors and
assigns and the Registered Holders of Notes and no other person shall acquire or have any right under or by virtue of this Agreement. 
 SECTION 27. Notes Held by the Issuing Agent. The Issuing Agent, in its individual or other capacity, may become the owner or pledgee of the Notes with the same rights it would have if it
were not acting as issuing and paying agent hereunder. 
 SECTION 28. Governing Law. This Agreement is to be
construed and enforced in accordance with, and the rights of the parties shall be governed by, the laws of the State of New York, without regard to principles of conflicts of laws. 

SECTION 29. Counterparts. This Agreement may be executed by the parties hereto in any number of counterparts, and by
each of the parties hereto in separate counterparts, each such counterpart, when so executed and delivered, shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. 

[Signature page follows] 

  
 10 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed on their
behalf by their officers thereunto duly authorized, all as of the day and year first above written. 
  

			
	ENOGEX LLC
		
	By:	 	 /s/ Sean Trauschke

	Name:	 	Sean Trauschke
	Title:	 	Vice President and Chief Financial Officer
	
	UMB BANK, N.A.
		
	By:	 	 /s/ Anthony P. Hawkins

	Name:	 	Anthony P. Hawkins
	Title:	 	Vice President

 [Signature Page to Issuing and Paying Agency Agreement] 

 EXHIBIT A—FORM OF 6.25% SENIOR NOTE DUE 2020 

[FACE OF NOTE] 
 THIS
SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION. NEITHER THIS SECURITY NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE
REOFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH TRANSACTION IS EXEMPT FROM, OR NOT SUBJECT TO, SUCH REGISTRATION. 

THE HOLDER OF THIS SECURITY, BY ITS ACCEPTANCE HEREOF OF A BENEFICIAL INTEREST HEREIN: 
 (1) REPRESENTS THAT (A) IT IS A “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) OR (B) IT IS ACQUIRING THIS NOTE IN AN OFFSHORE TRANSACTION IN
COMPLIANCE WITH REGULATION S UNDER THE SECURITIES ACT; AND 
 (2) AGREES ON ITS OWN BEHALF AND ON BEHALF OF ANY INVESTOR ACCOUNT FOR
WHICH IT HAS PURCHASED SECURITIES, TO OFFER, SELL OR OTHERWISE TRANSFER SUCH SECURITY, PRIOR TO THE DATE (THE “RESALE RESTRICTION TERMINATION DATE”) THAT IS [IN THE CASE OF RULE 144A NOTES: ONE YEAR] [IN THE CASE OF REGULATION S NOTES: 40
DAYS] AFTER THE LATER OF THE ORIGINAL ISSUE DATE HEREOF AND THE LAST DATE ON WHICH THE ISSUER OR ANY AFFILIATE OF THE ISSUER WAS THE OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY), ONLY (A) TO THE ISSUER, (B) FOR SO LONG AS
THE SECURITIES ARE ELIGIBLE FOR RESALE PURSUANT TO RULE 144A UNDER THE SECURITIES ACT, TO A PERSON IT REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT THAT PURCHASES FOR ITS OWN
ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM NOTICE IS GIVEN THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (C) PURSUANT TO OFFERS AND SALES THAT OCCUR OUTSIDE THE UNITED STATES WITHIN THE MEANING OF
REGULATION S UNDER THE SECURITIES ACT, (D) PURSUANT TO A REGISTRATION STATEMENT THAT HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT OR (E) PURSUANT TO ANOTHER AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES
ACT, INCLUDING THE EXEMPTION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT, IF AVAILABLE, IN EACH CASE, IN ACCORDANCE WITH THE APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION AND SUBJECT TO THE
ISSUER’S AND THE ISSUING AND PAYING AGENT’S RIGHT PRIOR TO ANY SUCH OFFER, SALE OR TRANSFER PURSUANT TO CLAUSES (B), (C) OR (E) TO REQUIRE THE DELIVERY OF AN OPINION OF COUNSEL, CERTIFICATION AND/OR OTHER INFORMATION SATISFACTORY
TO EACH OF THEM; AND 
 (3) AGREES THAT IT WILL DELIVER TO EACH PERSON TO WHOM THIS NOTE OR AN INTEREST HEREIN IS TRANSFERRED A NOTICE
SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. 
 [IN THE CASE OF REGULATION S NOTES: BY ITS ACQUISITION HEREOF, THE HOLDER HEREOF
REPRESENTS THAT IT IS NOT A U.S. PERSON NOR IS IT PURCHASING FOR THE ACCOUNT OF A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH REGULATION S UNDER THE SECURITIES ACT.] 

BY ACCEPTING A BENEFICIAL INTEREST IN THIS NOTE, EACH HOLDER HEREOF AND EACH SUBSEQUENT TRANSFEREE IS DEEMED TO REPRESENT AND WARRANT THAT
(1)(A) IT IS NOT 

 (I) AN EMPLOYEE BENEFIT PLAN SUBJECT TO PART 4 OF SUBTITLE B OF TITLE I OF THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED (“ERISA”), (II) A PLAN TO WHICH SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”) APPLIES, (III) AN ENTITY WHOSE UNDERLYING ASSETS INCLUDE ASSETS OF A PLAN DESCRIBED IN
(A) OR (B) BY REASON OF THE PLAN’S INVESTMENT IN THE ENTITY (EACH OF (I), (II) AND (III), A “BENEFIT PLAN INVESTOR”), (IV) A GOVERNMENTAL PLAN AS DEFINED IN SECTION 3(32) OF ERISA (“GOVERNMENTAL PLAN”), (V) A
CHURCH PLAN AS DEFINED IN SECTION 3(33) OF ERISA THAT HAS NOT MADE AN ELECTION UNDER SECTION 410(d) OF THE CODE (“CHURCH PLAN”) OR (VI) A NON-U.S. PLAN, (B) IT IS A BENEFIT PLAN INVESTOR AND ITS PURCHASE AND HOLDING OF THE NOTE
WILL NOT RESULT IN A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OR 407 OF ERISA OR SECTION 4975 OF THE CODE, OR (C)(I) IT IS A GOVERNMENTAL PLAN, A CHURCH PLAN OR A NON-U.S. PLAN AND (II) ITS PURCHASE AND HOLDING OF THE NOTE IS NOT
SUBJECT TO (a) ERISA, (b) SECTION 4975 OF THE CODE OR (c) ANY OTHER FEDERAL, STATE, LOCAL OR NON-U.S. LAW THAT PROHIBITS, OR IMPOSES AN EXCISE OR PENALTY TAX ON, THE PURCHASE OR HOLDING OF THE NOTE; AND (2) EACH HOLDER AND
SUBSEQUENT TRANSFEREE WILL PROMPTLY NOTIFY THE ISSUER AND THE ISSUING AND PAYING AGENT IF, AT ANY TIME, IT IS NO LONGER ABLE TO MAKE THE REPRESENTATIONS CONTAINED IN CLAUSE (1) ABOVE. 

UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (THE “DEPOSITARY”) (55 WATER STREET, NEW YORK,
NEW YORK) TO THE ISSUER HEREOF OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITARY AND
ANY PAYMENT IS MADE TO CEDE & CO., ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 

UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN CERTIFICATED FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE
DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR OF THE DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR.

 6.25% SENIOR NOTE DUE 2020 
  

			
	CUSIP/ISIN:	  	NUMBER:
	[29348QAB8/US29348QAB86]	  	[            ]
	[U29293AB0/USU29293AB05]	  	
		
	ORIGINAL ISSUE DATE(S):	  	PRINCIPAL AMOUNT(S):
	November 16, 2009	  	$[            ]
		
	INTEREST RATE:	  	STATED MATURITY DATE:
	6.25%	  	March 15, 2020
		
	INTEREST PAYMENT DATE(S):	  	RECORD DATE:
	March 15 and September 15, commencing	  	Fifteenth day preceding the
	applicable Interest Payment	  	
	March 15, 2010	  	Date
		
	DEFAULT RATE:	  	
	8.25%	  	

 Enogex LLC (the “Company”, which term includes any successor entity), for value received,
hereby promises to pay to Cede & Co., or registered assigns, the principal sum of $[            ] on the Stated Maturity Date

  
 A-2

 
specified above (or any prior date, including a Redemption Date (as defined on the reverse hereof), on which the principal, or an installment of principal, of this Note becomes due and payable,
whether by the declaration of acceleration, call for redemption at the option of the Company or otherwise (the Stated Maturity Date or such prior date, as the case may be, is referred to herein as the “Maturity Date” with respect to the
principal repayable on such date)) and to pay interest thereon, at the Interest Rate per annum specified above, until the principal hereof is paid or duly made available for payment, and (to the extent that the payment of such interest shall be
legally enforceable) at the Default Rate per annum specified above on any overdue principal, premium and/or interest. The Company will pay interest in arrears on each Interest Payment Date specified above (each, an “Interest Payment
Date”), commencing March 15, 2010, and on the Maturity Date. Interest on this Note will be computed on the basis of a 360-day year of twelve 30-day months. 
 Interest on this Note will accrue from, and including, the immediately preceding Interest Payment Date to which interest has been paid or duly provided for (or from, and including, the Original Issue Date
if no interest has been paid or duly provided for with respect to this Note) to, but excluding, the applicable Interest Payment Date or the Maturity Date, as the case may be (each, an “Interest Period”). The interest so payable, and
punctually paid or duly provided for, on any Interest Payment Date will, subject to certain exceptions described herein, be paid to the person in whose name this Note (or one or more predecessor Senior Notes as defined on the reverse hereof) is
registered at the close of business on the fifteenth calendar day (whether or not a Business Day, as defined below) immediately preceding such Interest Payment Date (the “Record Date”); provided, however, that interest
payable on the Maturity Date will be payable to the person to whom the principal hereof and premium, if any, hereon shall be payable. Any such interest not so punctually paid or duly provided for (“Defaulted Interest”) will forthwith
cease to be payable to the holder on any Record Date, and shall be paid to the person in whose name this Note is registered at the close of business on a special record date (the “Special Record Date”) for the payment of such Defaulted
Interest to be fixed by the Issuing and Paying Agent hereinafter referred to, notice whereof shall be given to the holder of this Note by the Issuing and Paying Agent not less than 10 calendar days prior to such Special Record Date. 

Payment of principal of, and premium, if any, and interest on this Note if in the form of one or more Global Notes (as defined on the
reverse hereof) will be made by the Company through the Issuing and Paying Agent (as defined on the reverse hereof) to the Depository. Interest on this Note if in the form of a certificated security will be paid by check mailed to the holder at
that holder’s address as it appears in the register for the Senior Notes (as defined on the reverse hereof) maintained by the Issuing and Paying Agent; however, a holder of $10,000,000 or more of Senior Notes will be entitled to receive
payments of interest by wire transfer to a bank within the continental United States, if appropriate wire transfer instructions have been received by the Issuing and Paying Agent on or prior to the applicable Record Date. Such wire
instructions, upon receipt by the Issuing and Paying Agent, shall remain in effect until revoked by such holder. The principal, interest at maturity and premium, if any, on this Note if in the form of a certificated security will be payable in
immediately available funds at the office of the Issuing and Paying Agent upon presentation of this Note. If required by law, the Issuing and Paying Agent will withhold any taxes or other governmental charges on any payment made in connection
with this Note. 
 If any Interest Payment Date or the Maturity Date falls on a day that is not a Business Day, the required
payment of principal, premium, if any, and/or interest will be made on the next succeeding Business Day with the same force and effect as if made on the date such payment was due, and no interest will accrue on such payment for the period from and
after such Interest Payment Date or the Maturity Date, as the case may be, to the date of such payment on the next succeeding Business Day. 
 As used herein, “Business Day” means any day, other than a Saturday or Sunday, that is neither a legal holiday nor a day on which banking institutions are authorized or required by law or
executive order to close in New York, New York. 
 The Company is obligated to make payment of principal, premium, if any, and
interest in respect of this Note in U.S. dollars. 
 Reference is hereby made to the further provisions of this Note set forth
on the reverse hereof, which further provisions shall have the same force and effect as if set forth on the face hereof. 

  
 A-3

 IN WITNESS WHEREOF, Enogex LLC has caused this Note to be executed. 

 

			
	 ENOGEX LLC

		
	By:	 	  

	Name:	 	  

	Title:	 	  

  

			
	 Countersigned for Authentication only
 on
                                         
               .

	
	 UMB Bank, N.A.,
 as
Issuing and Paying Agent

		
	By:	 	  

	Name:	 	  

	Title:	 	Authorized Signatory

 This Note is not valid for any purpose unless countersigned by UMB Bank, N.A., as Issuing and Paying Agent. 

  
 A-4

 [REVERSE OF NOTE] 

ENOGEX LLC 

6.25% SENIOR NOTE DUE 2020 
 This Note is one of a duly authorized series of Senior Notes of the Company, designated as 6.25% Senior Notes due 2020 (the “Senior Notes”) issued and to be issued under an Issuing and Paying
Agency Agreement, dated as of November 15, 2009 (as amended, modified or supplemented from time to time, the “Issuing and Paying Agency Agreement”), between the Company and UMB Bank, N.A., as Issuing and Paying Agent (the
“Issuing and Paying Agent”, which term includes any successor issuing and paying agent under the Issuing and Paying Agency Agreement), to which the Issuing and Paying Agency Agreement and all agreements supplemental thereto reference is
hereby made for a statement of the respective rights, duties and obligations thereunder of the Company, the Issuing and Paying Agent and the holders of the Senior Notes, and of the terms upon which the Senior Notes are, and are to be, authenticated
and delivered. All terms used but not otherwise defined in this Note shall have the meanings assigned to such terms in the Issuing and Paying Agency Agreement. 
 This Note, and any Senior Note or Notes issued upon transfer hereof, is issuable only in fully registered form (a “Global Note”), without coupons, in denominations of $2,000 and integral
multiples of $1,000 in excess thereof (an “Authorized Denomination”). The Issuing and Paying Agent has been appointed registrar for the Senior Notes, and the Company will cause the Issuing and Paying Agent to maintain at its office
(or drop agent) in The City of New York a register for the registration and transfer of Senior Notes. This Note may be transferred at the aforesaid office of the Issuing and Paying Agent by surrendering this Note for cancellation, duly endorsed or
accompanied by a written instrument of transfer in form approved by the Issuing and Paying Agent and duly executed by the registered holder hereof in person or by the holder’s attorney duly authorized in writing, and thereupon the Issuing and
Paying Agent will issue in the name of the transferee or transferees, in exchange herefor, a new Senior Note or Notes having identical terms and provisions and having a like aggregate principal amount in Authorized Denominations, subject to the
terms and conditions set forth herein and in the Issuing and Paying Agency Agreement, without charge except for any tax or other governmental charge imposed in relation thereto. The Issuing and Paying Agent is not required to exchange or register
the transfer of any Senior Note during the period of 15 days immediately preceding the date of first giving any notice of redemption or after such Note has been selected for redemption. 

This Note is not subject to any sinking fund. 
 This Note will be subject to redemption at the option of the Company at any time or in part from time to time, at the Company’s option, at a redemption price (the “Redemption Price”) equal
to the greater of: 
  

	 	•	 	 100% of the principal amount of the Note to be redeemed; or 

 

	 	•	 	 the sum of the present values of the remaining scheduled payments of principal and interest on the Note to be redeemed (not including any portion of
such payments of interest accrued to the date of redemption (the “Redemption Date”)) discounted to the Redemption Date on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 45 basis
points; 

 plus, in each case, accrued and unpaid interest on the principal amount being redeemed to the Redemption Date.

 “Treasury Rate” means, with respect to any Redemption Date: 

 

	 	•	 	 the yield, under the heading which represents the average for the immediately preceding week, appearing in the most recently published statistical
release designated “H.15(519)” or any successor publication which is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded U.S. Treasury securities adjusted to constant
maturity under the caption “Treasury Constant Maturities,” for the maturity corresponding to the Comparable Treasury Issue (if no maturity is within three months before or 

  
 A-5

	 	 
after the Remaining Life (as defined below), yields for the two published maturities most closely corresponding to the Comparable Treasury Issue will be determined and the Treasury Rate will be
interpolated or extrapolated from such yields on a straight line basis, rounding to the nearest month); or 

  

	 	•	 	 if such release (or any successor release) is not published during the week preceding the calculation date or does not contain such yields, the rate
per annum equal to the semiannual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price
for such Redemption Date. 

 The Treasury Rate will be calculated on the third business day preceding the
Redemption Date. 
 “Comparable Treasury Issue” means the U.S. Treasury security selected by an Independent Investment
Banker as having a maturity comparable to the remaining term (“Remaining Life”) of the Senior Notes that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate
debt securities of comparable maturity to the remaining term of the Senior Notes. 
 “Comparable Treasury Price” means
(1) the average of five Reference Treasury Dealer Quotations for such Redemption Date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Independent Investment Banker obtains fewer than four such
Reference Treasury Dealer Quotations, the average of all such quotations. 
 “Independent Investment Banker” means
J.P. Morgan Securities Inc., Mitsubishi UFJ Securities (USA), Inc., Wells Fargo Securities, LLC, or another independent investment banking institution of national standing appointed by us. 

“Reference Treasury Dealer” means (1) J.P. Morgan Securities Inc. or its successor and a primary U.S. government
securities dealer in the United States (a “primary treasury dealer”) selected by each of Mitsubishi UFJ Securities (USA), Inc. and Wells Fargo Securities, LLC, or their respective successors, provided, however, that if any of
the foregoing ceases to be a primary treasury dealer, we will substitute therefor another primary treasury dealer and (2) any other primary treasury dealer selected by us after consultation with the Independent Investment Banker. 

“Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the
average, as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker at
5:00 p.m., New York City time, on the third business day preceding such Redemption Date. 
 The Company will mail a notice of
redemption to each holder of the Senior Notes by first-class mail at least 30 and not more than 60 days prior to the Redemption Date. Unless the Company defaults on the payment of the Redemption Price, interest will cease to accrue on the Senior
Notes or portions thereof called for redemption. If fewer than all of the Senior Notes are to be redeemed, the Issuing and Paying Agent will select, not more than 60 days prior to the Redemption Date, the particular Senior Notes or portions thereof
for redemption from the outstanding Senior Notes not previously called by such method as the Issuing and Paying Agent deems fair and appropriate. 
 If at the time of mailing the notice of redemption, the Company has not irrevocably directed the Issuing and Paying Agent to redeem the Senior Notes called for redemption, the notice may state that the
redemption is subject to the receipt of the redemption moneys by the Issuing and Paying Agent on or prior to the Redemption Date and that the notice will be of no effect unless such moneys are received on or prior to such Redemption Date.

 Liens. The Company will not, and will not permit any Subsidiary (as hereinafter defined) to, pledge or otherwise
subject to any lien any of its property or assets (whether now or hereafter acquired and whether tangible or intangible) unless the Senior Notes are secured by such pledge or lien equally and ratably with all other obligations and indebtedness
secured thereby so long as such other obligations and indebtedness shall be so secured. 

  
 A-6

 The agreement of the Company contained in this paragraph does not apply to “Permitted
Encumbrances.” Permitted Encumbrances means: 
 (1) any lien on any asset securing indebtedness, including a capital
lease, incurred or assumed for the purpose of financing all or any part of the cost of acquiring, repairing, constructing or improving such asset; provided that such lien attaches to such asset concurrently with or within 12 months after the
acquisition thereof or the completion of the repair, construction or improvement thereof (including, without limitation, liens in favor of the United States of America or any state thereof, or any department, agency or instrumentality or political
subdivision of the United States of America or any state thereof, or for the benefit of holders of securities issued by any such entity to finance any of the foregoing). 
 (2) any lien on any asset of any person existing at the time such person is merged or consolidated with or into the Company or any of its Subsidiaries and not created in contemplation of such event.

 (3) any lien existing on any asset prior to the acquisition thereof by the Company or any of its Subsidiaries and not
created in contemplation of such acquisition. 
 (4) any lien arising out of the refinancing, extension, renewal or
refunding of any debt secured by any lien permitted by any of the foregoing clauses or clauses (14), (15) or (19); provided that such debt is not increased and is not secured by any additional assets. 

(5) liens for taxes, assessments or other governmental charges or levies not yet due or which are being contested in good faith by
appropriate proceedings and with respect to which adequate reserves or other appropriate provisions are being maintained in accordance with generally accepted accounting principles (“GAAP”). 

(6) statutory liens of landlords and liens of carriers, warehousemen, mechanics, materialmen, and interest owners of oil and gas
production and other liens imposed by law, created in the ordinary course of business and for amounts not past due for more than 60 days or which are being contested in good faith by appropriate proceedings, properly instituted and diligently
conducted and with respect to which adequate reserves or other appropriate provisions are being maintained in accordance with GAAP. 
 (7) liens incurred or deposits made in the ordinary course of business (including, without limitation, surety bonds and appeal bonds) in connection with pension or retirement plans, workers’
compensation, unemployment insurance and other types of social security benefits or to secure the performance of tenders, bids, leases, contracts (other than for the prepayment of debt), statutory obligations and other similar obligations or arising
as a result of progress payments under government contracts. 
 (8) easements (including, without limitation, reciprocal
easement agreements and utility agreements), rights of way, covenants, consents, reservations, encroachments, variations and other restrictions, charges or encumbrances (whether or not recorded) affecting the use of real property. 

(9) attachment, judgment and other similar liens arising in connection with court proceedings, provided the execution or other
enforcement of such liens is effectively stayed and the claims secured thereby are being contested in good faith in such a manner that the property subject to such liens is not subject to forfeiture. 

(10) liens on deposits required by any person with whom the Company or any of its Subsidiaries enters into Swap Agreements or any
credit support therefor, in each case, in the ordinary course of business for the purpose of directly mitigating risks associated with liabilities, commitments, investments, assets or property held or reasonably anticipated. 

(11) liens, including liens imposed by environmental laws, arising in the ordinary course of its business that (i) do not secure
indebtedness, (ii) do not secure obligations in an aggregate amount 
 exceeding $40,000,000 at any time, and (iii) do not in the
aggregate materially detract from the value of its assets or materially impair the use thereof in the operation of its business. 

  
 A-7

 (12) deposits securing liability to insurance carriers under insurance or
self-insurance arrangements. 
 (13) liens securing indebtedness of a Subsidiary to the Company or another Subsidiary.

 (14) liens created or assumed by a Subsidiary on any contract for the permitted sale of any product or service or any
proceeds therefrom (including accounts and other receivables). 
 (15) liens created by a Subsidiary on advance payment
obligations by such Subsidiary to secure indebtedness incurred to finance advances for oil, gas hydrocarbon and other mineral exploration and development. 
 (16) liens securing obligations, neither assumed by the Company or any Subsidiary nor on account of which the Company or any Subsidiary customarily pays interest, upon real estate or under which the
Company or any Subsidiary has a right-of-way, easement, franchise or other servitude or of which the Company or any Subsidiary is the lessee of the whole thereof or any interest therein for the purpose of locating pipe lines, substations, measuring
stations, tanks, pumping or delivery equipment or similar equipment. 
 (17) liens arising by virtue of any statutory or
common law provision relating to banker’s liens, rights of setoff or similar rights as to deposit accounts or other funds maintained with a depository institution and liens of a collecting bank arising in the ordinary course of business under
Section 4-208 of the Uniform Commercial Code in effect in the relevant jurisdiction covering only the items being collected upon. 
 (18) liens granted to the administrative agent for the benefit of the lenders under the Company’s revolving credit facility in respect of cash collateral for letters of credit issued under the
facility. 
 (19) liens existing on the date of the Issuing and Paying Agency Agreement. 

(20) liens arising in connection with a receivables securitization program securing indebtedness in an aggregate amount not to exceed
at any one time outstanding 5% of Consolidated Tangible Net Assets. 
 (21) liens incurred in the ordinary course of
business in connection with leases and subleases of real property owned or leased by the Company or any Subsidiary and not interfering with the ordinary conduct of the business of the Company and the Subsidiaries. 

(22) other liens securing indebtedness in an aggregate amount not to exceed at any one time outstanding 15% of Consolidated Tangible
Net Assets. 
 “Consolidated Tangible Net Assets” means, as of any date of determination, the total amount of
consolidated assets of the Company and its Subsidiaries minus: (1) all current liabilities (excluding (a) any current liabilities that by their terms are extendable or renewable at the option of the obligor thereon to a time more than 12
months after the time as of which the amount thereof is being computed and (b) current maturities of long-term debt) and (2) the value (net of any applicable reserves and accumulated amortization) of all goodwill, trade names, trademarks,
patents and other like intangible assets, all as set forth, or on a pro forma basis would be set forth, on the consolidated balance sheet of the Company and its Subsidiaries for the most recently completed fiscal quarter or year, as applicable,
prepared in accordance with GAAP. 
 “Subsidiary” means any corporation or other entity of which the Company and/or
any other Subsidiary (within the meaning of this definition) owns (whether directly or indirectly) securities or other ownership interests having ordinary voting power to elect a majority of the board of directors or other persons performing similar
functions. 

  
 A-8

 “Swap Agreement” means any agreement with respect to any swap, forward, future or
other derivative transaction or option or similar agreement entered into by the Company or any Subsidiary in order to provide protection to the Company and/or a Subsidiary against fluctuations in future interest rates, currency exchange rates or
commodity prices. 
 Sale and Leaseback. The Company will not, and will not permit any Subsidiary to, enter into any
agreement providing for the leasing by the Company or such Subsidiary of all or substantially all of the property of the Company or such Subsidiary, which property has been or is to be sold or transferred by the Company or such Subsidiary to the
lessor thereof, or which is substantially similar in purpose to property so sold. 
 Merger, Consolidation, Etc. The
Company shall not consolidate with or merge into any other entity or convey or transfer all or substantially all of its properties and assets as an entirety to any person, unless: 

(1) the entity formed by such consolidation or into which the Company is merged or the person which acquires by conveyance or
transfer the properties and assets of the Company substantially as an entirety shall be an entity organized and existing under the laws of the United States of America, any State thereof or the District of Columbia (the “Successor Entity”)
and shall expressly assume, by amendment to the Issuing and Paying Agency Agreement signed by the Company and such Successor Entity and delivered to the Issuing and Paying Agent, the due and punctual payment of the principal of, premium, if any, and
interest on all the Senior Notes and the performance or observance of every covenant hereof and of the Issuing and Paying Agency Agreement on the part of the Company to be performed or observed; and 

(2) the Company shall have delivered to the Issuing and Paying Agent a certificate signed by an executive officer of the Company and
a written opinion of counsel satisfactory to the Issuing and Paying Agent, each stating that such transaction and such amendment to the Issuing and Paying Agency Agreement comply with this paragraph and that all conditions precedent herein provided
for relating to such transaction have been complied with. 
 Upon any such consolidation or merger, or any conveyance or
transfer of all or substantially all of the properties and assets of the Company as an entirety in accordance with this paragraph, the Successor Entity shall succeed to, and be substituted for, and may exercise every right and power of, the Company
under the Issuing and Paying Agency Agreement and the Senior Notes with the same effect as if the Successor Entity had been named as the Company therein and thereafter the Company shall be released from its liability as obligor on any of the Senior
Notes and under the Issuing and Paying Agency Agreement. 
 For purposes of the foregoing, “all or substantially all of its
properties and assets” shall mean 50% or more of the total assets of the Company as shown on the consolidated balance sheet of the Company as of the end of the calendar year immediately preceding the day of the year in which such determination
is made. Further, nothing in the Issuing and Paying Agency Agreement prevents or hinders the Company from selling, transferring or otherwise disposing during any calendar year (in one transaction or a series of transactions) less than 50% of the
amount of its total assets as shown on the consolidated balance sheet of the Company as of the end of the immediately preceding calendar year. 
 Events of Default. The registered holder of this Note may, by notice in writing to the Company, declare the principal of this Note to be, and the same shall thereupon become, forthwith due and
payable, together with interest accrued thereon, upon the occurrence and continuation of one or more of the following events of default: 
 (1) default in the payment of any interest on this Note when due or in the payment of any interest on any other Senior Note when due, which default continues and remains unremedied for at least 30
calendar days; 

  
 A-9

 (2) default in the payment of principal or redemption price, as the case may be, on
this Note or on any other Senior Note when due on the Maturity Date; 
 (3) a judgment, decree or order by a court having
jurisdiction shall have been entered adjudicating the Company or any Significant Subsidiary (which term for purposes of this Note shall mean any subsidiary of the Company that would, under the standards set forth in Rule 405 of Regulation C under
the Securities Act be a “Significant Subsidiary” as defined therein) bankrupt or insolvent, or approving as properly filed a petition seeking reorganization of the Company or any Significant Subsidiary under the United States Bankruptcy
Code or any other similar applicable Federal or state law, and such judgment, decree or order shall not have been vacated or set aside or stayed within 60 days of its entry; or a judgment, decree or order of a court having jurisdiction for the
appointment of a receiver or liquidator or trustee or assignee in bankruptcy or insolvency of the Company or of any Significant Subsidiary or of the whole or any substantial part of the property of any thereof, or for the winding up or liquidation
of the affairs of any thereof, shall have been entered, and such judgment, decree or order shall not have been vacated or set aside or stayed within 60 days of its entry; 
 (4) the Company or any Significant Subsidiary shall institute proceedings to be adjudicated a voluntary bankrupt, or shall consent to the filing of a bankruptcy proceeding against it, or shall file a
petition or answer or consent seeking reorganization under the United States Bankruptcy Code or any other similar applicable Federal or state law, or shall consent to the filing of any such petition, or shall consent to the appointment of a receiver
or liquidator or trustee or assignee in bankruptcy or insolvency of it or of the whole or any substantial part of U.S. property, or shall make an assignment for the benefit of creditors, or shall admit in writing its inability to pay its debts
generally as they become due; 
 (5) the Company shall fail to perform or observe any other term, covenant or agreement
contained in this Note to be performed or observed by it, and any such failure shall continue and remain unremedied for at least 30 calendar days after notice has been given in writing to the Company by the holder hereof, or 

(6) the Company or any Subsidiary shall default in the payment when due (subject to any applicable grace period) whether at stated
maturity or otherwise, of any principal of or interest on (howsoever designated) any indebtedness for borrowed money of, or guaranteed by, the Company or any Subsidiary (except any such indebtedness of any Subsidiary to the Company or to any other
such Subsidiary), whether such indebtedness now exists or shall hereafter be created if the aggregate principal amount of all such indebtedness as to which such default has occurred equals or exceeds $40,000,000. 

Defeasance. If, at or prior to the maturity of this Note, the Company shall deposit with the Issuing and Paying Agent, in trust
for the benefit of the holder hereof, either: 
 (1) cash sufficient to pay the principal of and premium, if any, and
interest on this Note as and when the same become due and payable, including upon redemption prior to maturity, or 

(2) such amount of U.S. Government Securities (which term shall mean, for the purposes of this Note, direct obligations of the United
States of America to pay principal which obligations are not callable at the issuer’s option, or direct obligations of the United States of America to pay interest, in each case for the payment of which the full faith and credit of the United
States of America is pledged) as will together with the income to accrue thereon without consideration of any reinvestment thereof be sufficient to pay the principal of and premium, if any, and interest on this Note as and when the same become due
and payable, including upon redemption prior to maturity, then in such case, the Company shall be deemed to have satisfied and discharged this Note, provided that if this Note is to be redeemed prior to maturity, this Note will not be deemed
satisfied and discharged until such Note has been irrevocably called or designated for redemption on a date when this Note may be called for redemption and proper notice of redemption has been given as provided herein or the Company has given the
Issuing and Paying Agent irrevocable instructions to give such notice of redemption. 

  
 A-10

 No provision of this Note or of the Issuing and Paying Agency Agreement shall alter or
impair the obligation of the Company, which is absolute and unconditional, to pay principal, premium, if any, and interest in respect of this Note at the times, places and rate of formula, and In the coin or currency, herein prescribed. 

Prior to due presentment of this Note for registration of transfer, the Company, the Issuing and Paying Agent and any agent of the
Company or the Issuing and Paying Agent may treat the holder in whose name this Note is registered as the owner hereof for all purposes, whether or not this Note be overdue, and neither the Company, the Issuing and Paying Agent nor any such agent
shall be affected by notice to the contrary. 
 Any action by the holder of this Note shall bind all future holders of this
Note, and of any Note issued in substitution herefor or in place hereof, in respect of anything done or permitted by the Company or the Issuing and Paying Agent in pursuance of such action. 

So long as this Note shall be outstanding, the Company will maintain an office or agency for the payment of the principal of, premium, if
any, and interest on this Note as herein provided in the Borough of Manhattan, The City of New York, and an office or agency in said Borough of Manhattan for the registration and transfer as aforesaid of the Senior Notes. The Company may designate
other agencies for the payment of said principal, premium, if any, and interest at such place or places (subject to applicable laws and regulations) as the Company may decide. So long as there shall be an Issuing and Paying Agent, the Company shall
keep the Issuing and Paying Agent advised of the names and locations of such agencies, if any agency is so designated. 
 Any
moneys deposited with the Issuing and Paying Agent for the payment of the principal of, premium, if any, or interest on any Senior Notes, and remaining unclaimed at the end of two years after the last of such principal or interest shall have become
due and payable (whether at maturity or otherwise), shall then be repaid to the Company and upon such repayment all liability of the Issuing and Paying Agent with respect to such moneys shall thereupon cease, without, however, limiting in any way
any obligation which the Company may have to pay the principal of, premium, if any, or interest on this Note as the same shall become due. 
 The Issuing and Paying Agency Agreement and this Note shall be governed by and construed in accordance with the laws of the State of New York applicable to agreements made and to be performed entirely in
such State, without regard to principles of conflicts of laws. 

  
 A-11

 ABBREVIATIONS 

The following abbreviations, when used in the inscription on the face of this Note, shall be construed as though they were written out in
full according to applicable laws or regulations: 
  

													
	TEN COM-	  	as tenants in common	  	UNIF GIFT	  		  		  		  	
		  		  	MIN ACT-	  	 	  	Custodian	  		  	 
		  		  		  	 (Cust)
	  		  		  	(Minor)

  

					
	TEN ENT-	  	as tenants by the entireties	  	Under Uniform Gifts to Minors Act
			
	JT ENT-	  	as joint tenants with right of survivorship and not as tenants in common	  	  

		  		  	State

 Additional abbreviations may also be used though not in the above list. 

 
  

FOR VALUE RECEIVED, the undersigned hereby sell (s), 
 Assign (s) and transfer (s) unto 
 PLEASE INSERT SOCIAL SECURITY OR OTHER 

IDENTIFYING NUMBER OF ASSIGNEE 
  

 
  

 
  

 
 Please print or typewrite name and
address 
 including postal zip code of assignee 
  

			
	  
	  	
	the within Note and all rights thereunder hereby	  	
	irrevocably constituting and appointing attorney to transfer said Note on the books of the Issuing and Paying	  	
	Agent, with full power of substitution in the premises.	  	
		
	Dated                             
                                         
               	  	
		  	  

		  	NOTICE: The signature to this assignment must
		  	 correspond with the name as written upon the
 face of the
 within instrument in every particular, without

alteration or
 enlargement or any change
whatever.

  
 A-12

 
			
	Signature Guaranteed By:
	  

	 (Name of Eligible Guarantor Institution as
 defined by SEC Rule 17 Ad-15 (17 CFR 240.17
 Ad-15))

		
	By:	 	  

		 	Name
		 	Title:

  
 A-13

 EXHIBIT B—FORM OF BOND POWER 

[Form of Bond Power] 
 FOR VALUE RECEIVED the undersigned Registered Holder(s) hereby sell(s), assign(s) and transfer(s) unto 
  

 
  

 
  

 
 (please print or typewrite name, address,
including postal zip code, and Taxpayer identification number of assignee) the attached Note and all rights thereunder, hereby irrevocably constituting and appointing
                                        
attorney to transfer said Note on the books of the issuer with full power of substitution in the premises. 
 In connection with
any transfer of the attached Note of Enogex LLC (the “Company”), the undersigned confirms that without utilizing any general solicitation or general advertising: 
 [Check One] 
  

					
	 ̈	    	(a)	 	The Note is being transferred by the undersigned to a “qualified institutional buyer” (as defined in Rule 144A under the Securities Act of 1933, as amended (the
“Securities Act”)) acting for its own account or for the account of another “qualified institutional buyer” in reliance upon the exemption from the registration provisions of Section 5 of the Securities Act provided by Rule 144A
thereunder.
			
	or	    		 	
			
	 ̈	    	(b)	 	The Note is being transferred by the undersigned to a person who is not a “U.S. person” (as defined in Rule 902 of Regulation S under the Securities Act
(“Regulation S”)) in a transaction or transactions taking place outside the United States in accordance with Regulation S.
			
	or	    		 	
			
	 ̈	    	(c)	 	The Note is being transferred pursuant by the undersigned in reliance upon the exemption from the registration provisions of Section 5 of the Securities Act provided
by                                        
                 .

 The undersigned also confirms that it did not purchase the Note as part of the initial distribution
thereof and that the transfer is being effected pursuant to and in accordance with an exemption from registration under the Securities Act. 
 The Issuing and Paying Agent will not register the Note in the name of any person other than the Registered Holder(s) thereof unless (1) one of the foregoing boxes is checked and (2) the other
conditions to any such transfer of registration set forth on the face of the Note and in Section 12 of the Issuing and Paying Agency Agreement shall have been satisfied. 

 

					
	Dated:                            
                         	 	By:	 	  

		 		 	 NOTICE: The signature of the Registered
 Holder(s) to this assignment
 must correspond with

		 		 	 the name as written upon the face of
 the attached Note.

 TO BE COMPLETED BY PURCHASER IF (a) ABOVE IS CHECKED: 

The undersigned represents and warrants that it is a “qualified institutional buyer” (as defined in Rule 144A under the
Securities Act) and that it is acquiring the Note for its own account or for accounts for which it exercised sole investment discretion and that, if applicable, each account is a “qualified institutional buyer.” The undersigned
acknowledges that it has received such information regarding the Company as the undersigned has requested pursuant to Rule 144A or has determined not to request such information and that it is aware that the Registered Holder(s) is relying upon
the foregoing representations in order to claim the exemption from the registration provisions of Section 5 of the Securities Act provided by Rule 144A. The undersigned acknowledges that the Note cannot be resold unless registered under
the Securities Act or pursuant to an exemption from registration under the Securities Act. 
  

			
		 	(Name of Transferee)

  

					
	Dated:                            
                             	 	By:	 	  

		 		 	NOTICE: To be executed by an executive officer.

  
 B-2

 TO BE COMPLETED BY PURCHASER IF (b) ABOVE IS CHECKED: 

The undersigned represents and warrants that it is not a “U.S. person” (as defined in Rule 902 of Regulation S under
the Securities Act) and that it is acquiring the Note in a transaction or transactions taking place outside the United States in accordance with Regulation S. The undersigned acknowledges that the Note cannot be resold unless registered
under the Securities Act or pursuant to an exemption from registration under the Securities Act. 
  

			
		 	(Name of Transferee)

  

					
	Dated:                            
                             	 	By:	 	  

		 		 	NOTICE: To be executed by an executive officer.

  
 B-3

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