Document:

THE CLOROX COMPANY
AMENDED AND
RESTATED
SUPPLEMENTAL EXECUTIVE
RETIREMENT PLAN
AMENDMENT NO. 2 

     Pursuant to
Section 3.2 of The Clorox Company Supplemental Executive Retirement Plan (the
“SERP”), the SERP is hereby amended as follows on September 11, 2012, and such
amendments shall be effective both prospectively and retroactively: 

	1.     	Section 2.3 of the SERP is hereby amended to add the
      following sentences as the penultimate sentences
  thereof:

“For calculating the benefit offset
amounts, the following assumptions shall be used: (1) (a) for the offset for
Company contributions under any Company sponsored Defined Benefit Plan under
Section 2.3(a)(i) above, the interest rate shall be equal to the “Applicable
Interest Rate” set forth in the definition of “GATT Factors” under the Defined
Benefit Plan, and (b) for the offset for vested Company contribution accounts
under any Company sponsored Defined Contribution Plan under Section 2.3(a)(ii)
above, the interest rate shall be equal to the “Applicable Interest Rate” set
forth in the definition of “GATT Factors” under the Defined Benefit Plan,
reduced by 75 basis points, (2) any mortality assumptions shall be based on the
“Applicable Mortality Table” set forth in the definition of “GATT Factors” under
the Defined Benefit Plan, and (3) for amounts under a benefit plan or program
described in Sections 2.3(a) or 2.3(b) above that are distributed prior to June
30, 2011, the offset associated with such amounts shall be calculated as of the
date of distribution of such amounts. The Employee Benefits Committee shall have the full power and authority to
amend these assumptions used to calculate the benefit offset amounts from time
to time.” 

	2.     	Section 2.10 of the SERP is
      hereby amended to add the following sentence to the end
  thereof:
	

“The portion of Section 2.3 that
provides that offset amounts shall be determined as of June 30, 2011 for any
Participant who is actively employed by the Company on June 30, 2011 shall not
apply to any Participant who was disabled as of June 30, 2011.” 

	3.     	The last sentence of Section 2.3
      of the SERP is hereby amended to read as follows:
	

“Notwithstanding anything herein to the
contrary, with respect to each Participant who is actively employed by the
Company on June 30, 2011, the offset amounts described in clauses (a) and (b)
above, including the calculation of the conversion of certain offset amounts
from a lump sum to an annuity, shall be determined as of June 30, 2011 assuming,
for purposes of such determinations, that each such Participant incurred a
Separation from Service on June 30, 2011.” 

Except as modified by this Amendment No.
2, the SERP shall remain unchanged and shall remain in full force and effect.Exhibit 4.1 9-30-2012 10Q

Exhibit 4.1

FOURTH SUPPLEMENTAL INDENTURE
THIS FOURTH SUPPLEMENTAL INDENTURE (this “Fourth Supplemental Indenture”), dated as of August 6, 2012, among HEP UNEV Holdings LLC, a Delaware limited liability company (“HEP UNEV Holdings”) and HEP UNEV Pipeline LLC, a Delaware limited liability company (“HEP UNEV Pipeline, and together with HEP UNEV Holdings, the “Guaranteeing Subsidiaries”), Holly Energy Partners, L.P., a Delaware limited partnership (“Holly Energy Partners”), and Holly Energy Finance Corp. (“Finance Corp.” and, together with Holly Energy Partners, the “Issuers”), the other Guarantors (as defined in the Indenture referred to herein) and U.S. Bank National Association, as trustee under the Indenture referred to below (the “Trustee”).
W I T N E S S E T H
WHEREAS, the Issuers have heretofore executed and delivered to the Trustee an Indenture (the “Indenture”), dated as of March 10, 2010, providing for the issuance of 8.25% Senior Notes due 2018 (the “Notes”), as supplemented and amended by the First Supplemental Indenture, dated as of April 14, 2010, the Second Supplemental Indenture, dated as of June 4, 2010, and the Third Supplemental Indenture, dated as of December 29, 2011;
WHEREAS, the Indenture provides that under certain circumstances the Guaranteeing Subsidiaries shall execute and deliver to the Trustee a supplemental indenture pursuant to which the Guaranteeing Subsidiaries shall unconditionally guarantee all of the Issuers’ Obligations under the Notes and the Indenture on the terms and conditions set forth herein (the “Note Guarantee”); and
WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Fourth Supplemental Indenture.
NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiaries and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:
1.    CAPITALIZED TERMS.  Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.
2.    AGREEMENT TO GUARANTEE.  The Guaranteeing Subsidiaries hereby agree to provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Note Guarantee and in the Indenture including but not limited to Article 10 thereof.
4.    NO RECOURSE AGAINST OTHERS.  No past, present or future director, officer, employee, incorporator, stockholder or agent of the Guaranteeing Subsidiaries, as such, shall have any liability for any obligations of the Issuers or any Guaranteeing Subsidiaries under the Notes, any Note Guarantee, the Indenture or this Fourth Supplemental Indenture or for any claim based on, in respect of, or by reason of, such obligations or their creation.  Each Holder of the Notes by accepting a Note waives and releases all such liability.  The waiver and release are part of the consideration for issuance of the Notes.  Such waiver may not be effective to waive liabilities under the federal securities laws and it is the view of the SEC that such a waiver is against public policy.
5.    NEW YORK LAW TO GOVERN.  THE LAW OF THE STATE OF NEW YORK SHALL GOVERN AND BE USED TO CONSTRUE THIS FOURTH SUPPLEMENTAL INDENTURE.
6.    COUNTERPARTS.  The parties may sign any number of copies of this Fourth Supplemental Indenture.  Each signed copy shall be an original, but all of them together represent the same agreement.
7.    EFFECT OF HEADINGS.  The Section headings herein are for convenience only and shall not affect the construction hereof.
8.    THE TRUSTEE.  The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Fourth Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by the Guaranteeing Subsidiaries and the Issuers.

IN WITNESS WHEREOF, the parties hereto have caused this Fourth Supplemental Indenture to be duly executed and attested, all as of the date first above written.

GUARANTEEING SUBSIDIARIES:

HEP UNEV HOLDINGS LLC, a Delaware limited liability company

By:   /s/ Stephen D. Wise    
Name: Stephen D. Wise
Title: Vice President and Treasurer

HEP UNEV PIPELINE LLC, a Delaware limited liability company

By:   /s/ Stephen D. Wise    
Name: Stephen D. Wise
Title: Vice President and Treasurer

ISSUERS:

HOLLY ENERGY PARTNERS, L.P.

		
	By:
	HEP Logistic Holdings, L.P., 
Its General Partner

By:    Holly Logistic Services, L.L.C., 
Its General Partner

By: /s/ Stephen D. Wise    
Name: Stephen D. Wise
Title: Vice President and Treasurer

HOLLY ENERGY FINANCE CORP.

By: /s/ Stephen D. Wise    
Name: Stephen D. Wise
Title: Vice President and Treasurer
OTHER GUARANTORS:

HEP LOGISTICS GP, L.L.C., a Delaware limited liability company

By: /s/ Stephen D. Wise    
Name: Stephen D. Wise
Title: Vice President and Treasurer

HOLLY ENERGY PARTNERS-OPERATING, L.P., a Delaware limited partnership

By: /s/ Stephen D. Wise    
Name: Stephen D. Wise
Title: Vice President and Treasurer

HOLLY ENERGY STORAGE-TULSA LLC, a Delaware limited liability company

By: /s/ Stephen D. Wise    
Name: Stephen D. Wise
Title: Vice President and Treasurer

HOLLY ENERGY STORAGE-LOVINGTON LLC, a Delaware limited liability company

By: /s/ Stephen D. Wise    
Name: Stephen D. Wise
Title: Vice President and Treasurer

CHEYENNE LOGISTICS LLC, a Delaware limited liability company

By:   /s/ Stephen D. Wise    
Name: Stephen D. Wise
Title: Vice President and Treasurer

EL DORADO LOGISTICS LLC, a Delaware limited liability company

By:   /s/ Stephen D. Wise    
Name: Stephen D. Wise
Title: Vice President and Treasurer

HEP PIPELINE GP, L.L.C., a Delaware limited liability company

HEP PIPELINE, L.L.C., a Delaware limited liability company

HEP MOUNTAIN HOME, L.L.C., a Delaware limited liability company

HEP REFINING, L.L.C., a Delaware limited liability company

HEP REFINING GP, L.L.C., a Delaware limited liability company

HEP WOODS CROSS, L.L.C., a Delaware limited liability company

HEP TULSA LLC, a Delaware limited liability company

HEP SLC, LLC, a Delaware limited liability company

LOVINGTON-ARTESIA, L.L.C., a Delaware limited liability company

ROADRUNNER PIPELINE, L.L.C., a Delaware limited liability company

		
	Each By:
	Holly Energy Partners – Operating, L.P., a Delaware limited liability company and Its Sole Member

By: /s/ Stephen D. Wise    
Name: Stephen D. Wise
Title: Vice President and Treasurer
HEP FIN-TEX/TRUST-RIVER, L.P., a Texas limited partnership

HEP NAVAJO SOUTHERN, L.P., a Delaware limited partnership

HEP PIPELINE ASSETS, LIMITED PARTNERSHIP, a Delaware limited partnership

		
	Each by:
	HEP Pipeline GP, L.L.C., a Delaware limited liability company, its General Partner

By: /s/ Stephen D. Wise    
Name: Stephen D. Wise
Title: Vice President and Treasurer

HEP REFINING ASSETS, L.P., a Delaware limited partnership

		
	By:
	HEP Refining GP, L.L.C., a Delaware limited liability company, its General Partner

By: /s/ Stephen D. Wise    
Name: Stephen D. Wise
Title: Vice President and Treasurer

TRUSTEE:
U.S. BANK NATIONAL ASSOCIATION, 
as Trustee

By: /s/ Steven A. Finklea     
    Name: Steven A. Finklea
Title: Vice President

FOURTH SUPPLEMENTAL INDENTURE
US 1617545v.1

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