Document:

EX-10.1

 Exhibit 10.1 

Execution Version 

$1,000,000,000 
 CREDIT AGREEMENT

 Dated as of October 7, 2013 

among 
 CRESTWOOD MIDSTREAM
PARTNERS LP 
 (formerly known as Inergy Midstream, L.P), 

as Borrower, 
 THE LENDERS PARTY
HERETO, 
 WELLS FARGO BANK, NATIONAL ASSOCIATION, 

as Administrative Agent and Collateral Agent, 

CITIBANK, N.A. and BANK OF AMERICA, N.A., 

as Syndication Agents, 
 and 

BARCLAYS BANK PLC, 
 J.P. MORGAN
SECURITIES LLC, 
 MORGAN STANLEY SENIOR FUNDING, INC., 

RBC CAPITAL MARKETS1 

and 
 SUNTRUST BANK,, 

as Co-Documentation Agents 
  

 
  

CITIGROUP GLOBAL MARKETS INC. 
 and

 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 

as Joint Lead Arrangers, 

CITIGROUP GLOBAL MARKETS INC., 

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, 

 

	1 	RBC Capital Markets is a marketing name for the investment banking activities of Royal Bank of Canada and its affiliates. 

 BARCLAYS BANK PLC, 

J.P. MORGAN SECURITIES LLC, 
 MORGAN
STANLEY SENIOR FUNDING, INC., 
 RBC CAPITAL MARKETS, 

SUNTRUST BANK, 
 and 

WELLS FARGO SECURITIES, LLC, 
 as
Joint Bookrunners 

 TABLE OF CONTENTS 

 
  

 

							
	 	 	 	  	PAGE	 
		
	 ARTICLE I

DEFINITIONS
	  			
	  			
			
	 Section 1.01.
	 	 Defined Terms
	  	 	1	  
	 Section 1.02.
	 	 Terms Generally
	  	 	41	  
	 Section 1.03.
	 	 Effectuation of Transfers
	  	 	41	  
		
	 ARTICLE II

THE CREDITS
	  			
			
	 Section 2.01.
	 	 Commitments
	  	 	41	  
	 Section 2.02.
	 	 Loans and Borrowings
	  	 	42	  
	 Section 2.03.
	 	 Requests for Borrowings
	  	 	42	  
	 Section 2.04.
	 	 Swingline Loans
	  	 	43	  
	 Section 2.05.
	 	 Revolving Letters of Credit
	  	 	44	  
	 Section 2.06.
	 	 Funding of Borrowings
	  	 	48	  
	 Section 2.07.
	 	 Interest Elections
	  	 	49	  
	 Section 2.08.
	 	 Termination and Reduction of Commitments
	  	 	50	  
	 Section 2.09.
	 	 Repayment of Loans; Evidence of Debt
	  	 	51	  
	 Section 2.10.
	 	 Repayment of Loans
	  	 	51	  
	 Section 2.11.
	 	 Prepayment of Loans
	  	 	52	  
	 Section 2.12.
	 	 Fees
	  	 	53	  
	 Section 2.13.
	 	 Interest
	  	 	54	 
	 Section 2.14.
	 	 Alternate Rate of Interest
	  	 	55	  
	 Section 2.15.
	 	 Increased Costs
	  	 	55	  
	 Section 2.16.
	 	 Break Funding Payments
	  	 	56	  
	 Section 2.17.
	 	 Taxes
	  	 	57	  
	 Section 2.18.
	 	 Payments Generally; Pro Rata Treatment; Sharing of Set-offs
	  	 	59	  
	 Section 2.19.
	 	 Mitigation Obligations; Replacement of Lenders
	  	 	60	  
	 Section 2.20.
	 	 Increase in Revolving Facility Commitments; Incremental Term Loan Commitments
	  	 	61	  
	 Section 2.21.
	 	 Illegality
	  	 	63	  
	 Section 2.22.
	 	 Defaulting Lenders
	  	 	64	  
		
	 ARTICLE III

REPRESENTATIONS AND WARRANTIES
	  			
	  			
			
	 Section 3.01.
	 	 Organization; Powers
	  	 	66	  
	 Section 3.02.
	 	 Authorization
	  	 	66	  
	 Section 3.03.
	 	 Enforceability
	  	 	66	  
	 Section 3.04.
	 	 Governmental Approvals
	  	 	67	  
	 Section 3.05.
	 	 Financial Statements
	  	 	67	  

  
 i 

							
	 Section 3.06.
	 	 No Material Adverse Effect
	  	 	68	  
	 Section 3.07.
	 	 Properties
	  	 	68	  
	 Section 3.08.
	 	 Litigation; Compliance with Laws
	  	 	68	  
	 Section 3.09.
	 	 Federal Reserve Regulations
	  	 	69	  
	 Section 3.10.
	 	 Investment Company Act
	  	 	69	  
	 Section 3.11.
	 	 Use of Proceeds
	  	 	69	  
	 Section 3.12.
	 	 Tax Returns
	  	 	69	  
	 Section 3.13.
	 	 No Material Misstatements
	  	 	69	  
	 Section 3.14.
	 	 Employee Benefit Plans
	  	 	70	  
	 Section 3.15.
	 	 Environmental Matters
	  	 	70	  
	 Section 3.16.
	 	 Mortgages
	  	 	70	  
	 Section 3.17.
	 	 Real Property
	  	 	70	  
	 Section 3.18.
	 	 Solvency
	  	 	71	  
	 Section 3.19.
	 	 Labor Matters
	  	 	71	  
	 Section 3.20.
	 	 Insurance
	  	 	72	  
	 Section 3.21.
	 	 [Reserved]
	  	 	72	  
	 Section 3.22.
	 	 Status as Senior Debt; Perfection of Security Interests
	  	 	72	  
		
	 ARTICLE IV

CONDITIONS TO CREDIT EVENTS
	  			
	  			
			
	 Section 4.01.
	 	 All Credit Events
	  	 	72	  
	 Section 4.02.
	 	 First Credit Event
	  	 	73	  
		
	 ARTICLE V

AFFIRMATIVE COVENANTS
	  			
	  			
			
	 Section 5.01.
	 	 Existence; Businesses and Properties
	  	 	76	  
	 Section 5.02.
	 	 Insurance
	  	 	76	  
	 Section 5.03.
	 	 Taxes; Payment of Obligations
	  	 	78	  
	 Section 5.04.
	 	 Financial Statements, Reports, Etc
	  	 	78	  
	 Section 5.05.
	 	 Litigation and Other Notices
	  	 	80	  
	 Section 5.06.
	 	 Compliance with Laws
	  	 	80	  
	 Section 5.07.
	 	 Maintaining Records; Access to Properties and Inspections; Maintaining Pipeline Systems and Processing Plants
	  	 	80	  
	 Section 5.08.
	 	 Use of Proceeds
	  	 	80	  
	 Section 5.09.
	 	 Compliance with Environmental Laws
	  	 	80	  
	 Section 5.10.
	 	 Further Assurances
	  	 	81	  
	 Section 5.11.
	 	 Fiscal Year
	  	 	82	  
	 Section 5.12.
	 	 Risk Management Policy
	  	 	82	  
	 Section 5.13.
	 	 Unrestricted Subsidiaries
	  	 	82	  
		
	 ARTICLE VI

NEGATIVE COVENANTS
	  			
	  			
			
	 Section 6.01.
	 	 Indebtedness
	  	 	83	  

  
 ii 

							
	 Section 6.02.
	 	 Liens
	  	 	85	  
	 Section 6.03.
	 	 Sale and Lease-back Transactions
	  	 	90	  
	 Section 6.04.
	 	 Investments, Loans and Advances
	  	 	90	  
	 Section 6.05.
	 	 Mergers, Consolidations, Sales of Assets and Acquisitions
	  	 	92	  
	 Section 6.06.
	 	 Dividends and Distributions
	  	 	93	  
	 Section 6.07.
	 	 Transactions with Affiliates
	  	 	94	  
	 Section 6.08.
	 	 Business of the Borrower and the Subsidiaries
	  	 	96	  
	 Section 6.09.
	 	 Limitation on Modifications of Indebtedness; Modifications of Certificate of Incorporation, By-laws and Certain Other Agreements;
etc
	  	 	97	  
	 Section 6.10.
	 	 Leverage Ratio
	  	 	98	  
	 Section 6.11.
	 	 Interest Coverage Ratio
	  	 	98	  
	 Section 6.12.
	 	 Swap Agreements
	  	 	98	  
	 Section 6.13.
	 	 Negative Pledge
	  	 	99	  
		
	 ARTICLE VII

EVENTS OF DEFAULT
	  			
	  			
			
	 Section 7.01.
	 	 Events of Default
	  	 	99	  
		
	 ARTICLE VIII

THE AGENTS
	  			
	  			
			
	 Section 8.01.
	 	 Appointment and Authority
	  	 	101	  
	 Section 8.02.
	 	 Rights as a Lender
	  	 	102	  
	 Section 8.03.
	 	 Exculpatory Provisions
	  	 	102	  
	 Section 8.04.
	 	 Reliance by Agents
	  	 	103	  
	 Section 8.05.
	 	 Delegation of Duties
	  	 	103	  
	 Section 8.06.
	 	 Resignation of the Agents
	  	 	103	  
	 Section 8.07.
	 	 Non-Reliance on the Agents, Other Lenders and Other Issuing Banks
	  	 	104	  
	 Section 8.08.
	 	 No Other Duties, Etc
	  	 	104	  
	 Section 8.09.
	 	 Administrative Agent May File Proofs of Claim
	  	 	104	  
	 Section 8.10.
	 	 Collateral and Guaranty Matters
	  	 	105	  
	 Section 8.11.
	 	 Secured Cash Management Agreements and Secured Swap Agreements
	  	 	105	  
	 Section 8.12.
	 	 Indemnification
	  	 	106	  
	 Section 8.13.
	 	 Appointment of Supplemental Collateral Agents
	  	 	106	  
	 Section 8.14.
	 	 Withholding
	  	 	107	  
	 Section 8.15.
	 	 Enforcement
	  	 	107	  
		
	 ARTICLE IX

MISCELLANEOUS
	  			
	  			
			
	 Section 9.01.
	 	 Notices
	  	 	108	  
	 Section 9.02.
	 	 Survival of Agreement
	  	 	108	  
	 Section 9.03.
	 	 Binding Effect
	  	 	109	  
	 Section 9.04.
	 	 Successors and Assigns
	  	 	109	  
	 Section 9.05.
	 	 Expenses; Indemnity
	  	 	112	  

  
 iii 

							
	 Section 9.06.
	 	 Right of Set-off
	  	 	114	  
	 Section 9.07.
	 	 Applicable Law
	  	 	114	  
	 Section 9.08.
	 	 Waivers; Amendment
	  	 	114	  
	 Section 9.09.
	 	 Interest Rate Limitation
	  	 	116	  
	 Section 9.10.
	 	 Entire Agreement
	  	 	117	  
	 Section 9.11.
	 	 Waiver of Jury Trial
	  	 	117	  
	 Section 9.12.
	 	 Severability
	  	 	117	  
	 Section 9.13.
	 	 Counterparts
	  	 	117	  
	 Section 9.14.
	 	 Headings
	  	 	117	  
	 Section 9.15.
	 	 Jurisdiction; Consent to Service of Process
	  	 	117	  
	 Section 9.16.
	 	 Confidentiality
	  	 	118	  
	 Section 9.17.
	 	 Communications
	  	 	119	  
	 Section 9.18.
	 	 Release of Liens and Guarantees
	  	 	120	  
	 Section 9.19.
	 	 U.S.A. PATRIOT Act and Similar Legislation
	  	 	120	  
	 Section 9.20.
	 	 Judgment
	  	 	121	  
	 Section 9.21.
	 	 Pledge and Guarantee Restrictions
	  	 	121	  
	 Section 9.22.
	 	 No Fiduciary Duty
	  	 	121	  
	 Section 9.23.
	 	 Application of Funds
	  	 	122	  

  
 iv 

			
	Exhibits and Schedules
		
	Exhibit A	  	Form of Assignment and Acceptance
	Exhibit B	  	Form of Prepayment Notice
	Exhibit C-1	  	Form of Borrowing Request
	Exhibit C-2	  	Form of Swingline Borrowing Request
	Exhibit D	  	Form of Interest Election Request
	Exhibit E	  	Form of Collateral Agreement
	Exhibit F	  	Form of Solvency Certificate
	Exhibit G-1	  	Form of Revolving Note
	Exhibit G-2	  	Form of Incremental Term Loan Note
	Exhibit H	  	Form of Compliance Certificate
	Exhibit I	  	Form of Administrative Questionnaire
		
	Schedule 1.01A	  	Closing Date Real Property
	Schedule 1.01B	  	Existing Letters of Credit
	Schedule 2.01	  	Commitments
	Schedule 3.04	  	Governmental Approvals
	Schedule 3.07(c)	  	Condemnation Proceedings
	Schedule 3.07(d)	  	Subscriptions
	Schedule 3.08(a)	  	Litigation
	Schedule 3.12	  	Taxes
	Schedule 3.15	  	Environmental Matters
	Schedule 3.20	  	Insurance
	Schedule 6.01	  	Indebtedness
	Schedule 6.02(a)	  	Liens
	Schedule 6.03	  	PILOT Programs
	Schedule 6.04	  	Investments
	Schedule 6.07	  	Transactions with Affiliates

  
 v 

 CREDIT AGREEMENT dated as of October 7, 2013 (as amended, amended and restated, supplemented
or otherwise modified, this “Agreement”), among CRESTWOOD MIDSTREAM PARTNERS LP (formerly known as INERGY MIDSTREAM, L.P.), a limited partnership organized under the laws of Delaware (the “Borrower”), the LENDERS
party hereto from time to time, WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), as administrative agent (together with any successor administrative agent appointed pursuant to the provisions of Article VIII, the
“Administrative Agent”), WELLS FARGO, as collateral agent (together with any successor collateral agent appointed pursuant to the provisions of Article VIII, the “Collateral Agent”), CITIBANK, N.A. and BANK OF
AMERICA, N.A., as syndication agents (in such capacity, the “Syndication Agents”), and BARCLAYS BANK PLC, J.P. MORGAN SECURITIES LLC, MORGAN STANLEY SENIOR FUNDING, INC., RBC CAPITAL MARKETS and SUNTRUST BANK, as Co-Documentation
Agents (in such capacity, the “Co-Documentation Agents”). 
 W I T N E S S E T H : 

WHEREAS, pursuant to that certain Agreement and Plan of Merger, dated as of May 5, 2013 (the “Merger Agreement”), among
the Borrower, Crestwood Equity GP LLC (formerly known as Inergy GP, LLC), a Delaware limited liability company (“Crestwood Equity GP”), Intrepid Merger Sub, LLC, a Delaware limited liability company and a wholly-owned subsidiary of
the Borrower (“Merger Sub”), Crestwood Equity Partners LP (formerly known as Inergy, L.P.), a Delaware limited partnership (“Crestwood Equity Partners”), Crestwood Holdings LLC, a Delaware limited liability company,
Crestwood Midstream Partners LP, a Delaware limited partnership (“Existing CMLP”) and Crestwood Gas Services GP LLC, a Delaware limited liability company, Existing CMLP and the Borrower intend to effect a business combination
through (x) the merger of Existing CMLP with and into Merger Sub with Existing CMLP as the surviving Person, (y) the substantially concurrent merger of Existing CMLP with and into the Borrower with the Borrower as the surviving Person and
(z) the substantially concurrent change of the Borrower’s name from Inergy Midstream, L.P. to Crestwood Midstream Partners LP (the transactions in clauses (x), (y) and (z), collectively, the “Merger”); 

WHEREAS, in connection with the consummation of the Merger, the Borrower will (x) use the proceeds of the Revolving Facility Loans, in
part, to repay in full all of the outstanding loans and other amounts, if any, owing under each Existing Credit Agreement and (y) terminate each Existing Credit Agreement and all commitments thereunder (the transactions in clauses (x) and
(y), collectively, the “Closing Date Refinancing”); and 
 WHEREAS, the Borrower has requested that the Lenders extend
credit in the form of Revolving Facility Loans and Revolving Letters of Credit at any time and from time to time prior to the Revolving Facility Maturity Date, in an aggregate principal amount at any time outstanding not in excess of $1,000.0
million. 
 NOW, THEREFORE, the Lenders are willing to extend such credit to the Borrower on the terms and subject to the conditions set
forth herein. Accordingly, the parties hereto agree as follows: 
 ARTICLE I 

DEFINITIONS 
 Section 1.01.
Defined Terms. As used in this Agreement, the following terms shall have the meanings specified below: 
 “ABR
Borrowing” shall mean a Borrowing comprised of ABR Loans. 

  
 1 

 “ABR Loan” shall mean any Loan (including any Swingline Loan) bearing interest
at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II. 
 “Acquisition
Period” shall mean a period elected by the Borrower, such election to be exercised by the Borrower delivering written notice thereof to the Administrative Agent (who shall thereafter promptly notify the Lenders), commencing with the funding
date of the purchase price for any Material Acquisition permitted under Section 6.05 hereunder and ending on the earlier of (a) the date that is 270 days after such funding date, and (b) the Borrower’s election to terminate such
Acquisition Period, such election to be exercised by the Borrower delivering notice thereof to the Administrative Agent (who shall thereafter promptly notify the Lenders); provided, that, (i) once any Acquisition Period is in
effect, the next Acquisition Period may not commence until the termination of such Acquisition Period then in effect and (ii) after giving effect to the termination of such Acquisition Period in effect, the Borrower shall be in compliance with
the applicable provisions of Sections 6.10, and 6.11 and no Default shall have occurred and be continuing. 
 “Additional Real
Property” shall have the meaning assigned to such term in the definition of “Collateral and Guarantee Requirement.” 

“Additional Term Loan Tranche” shall have the meaning assigned to such term in Section 2.20. 

“Adjusted Eurodollar Rate” shall mean for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum
(rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves. 

“Administrative Agent” shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

 “Administrative Agent Fee Letter” shall mean that certain Administrative Agent Fee Letter dated as of the Closing Date,
between the Borrower and Wells Fargo Bank, National Association. 
 “Administrative Agent Fees” shall have the meaning
assigned to such term in Section 2.12(d). 
 “Administrative Questionnaire” shall mean an Administrative Questionnaire
in substantially the form of Exhibit I or any other form approved by the Administrative Agent. 
 “Affiliate” shall
mean, when used with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 

“Agent Default Period” shall mean, with respect to any Agent, any time when such Agent is a Defaulting Lender and is not
performing its role as such Agent hereunder and under the other Loan Documents. 
 “Agent Parties” shall have the meaning
assigned to such term in Section 9.17(c). 
 “Agents” shall mean the Administrative Agent and the Collateral Agent.

  
 2 

 “Agreed Security Principles” shall mean any grant of a Lien or provision of a
guarantee by any Person that could: 
 (a) (i) result in costs (tax, administrative or otherwise) to such Person that are
materially disproportionate to the benefit obtained by the beneficiaries of such Lien and/or guarantee or (ii) result in any grant of a Lien (including any Mortgage) or provision of a guarantee that the Administrative Agent or its counsel
reasonably determines would not provide material credit support for the benefit of the Secured Parties pursuant to a legally valid, binding and enforceable Security Document; 

(b) result in a Lien being granted over assets of such Person, the acquisition of which was financed from a subsidy or
payments, which financing is permitted by this Agreement, and the terms of which prohibit any assets acquired with such subsidy or payment being used as collateral; 

(c) include any lease, license, contract or agreement to which such Person is a party, and any of its rights or interest
thereunder, if and to the extent that a security interest is prohibited by or in violation of a term, provision or condition of any such lease, license, contract or agreement (unless such term, provision or condition would be rendered ineffective
with respect to the creation of the security interest hereunder pursuant to Sections 9-406, 9-407, 9-408 or 9-409 of the UCC (or any successor provision or provisions) of any relevant jurisdiction or any other applicable law (including the U.S.
Bankruptcy Code) or principles of equity); provided however that Agreed Security Principles shall not prohibit the grant of a Lien or a provision of a guarantee at such time as the contractual prohibition shall no longer be applicable and, to the
extent severable, which Lien shall attach immediately to any portion of such lease, license, contract or agreement not subject to the prohibitions specified above; provided further that the Agreed Securities Principles shall not exclude any
“proceeds” (as defined in the UCC) of any such lease, license, contract or agreement; 
 (d) result in the
contravention of applicable law, unless such applicable law would be rendered ineffective with respect to the creation of the security interest hereunder pursuant to Sections 9-406, 9-407, 9-408 or 9-409 of the UCC (or any successor provision or
provisions); provided however that Agreed Security Principles shall not prohibit the grant of a Lien or a provision of a guarantee at such time as the legal prohibition shall no longer be applicable and to the extent severable (which Lien shall
attach immediately to any portion not subject to the prohibitions specified above); or 
 (e) result in a breach of a
material agreement existing on the Closing Date and binding on such Person that may not be amended, supplemented, waived, restated or otherwise modified using commercially reasonable efforts to avoid such breach; provided that this clause
(e) shall only apply to the granting of Liens and not to the provision of any guarantee. 
 “Agreement” shall have the
meaning assigned to such term in the introductory paragraph of this Agreement. 
 “Alternate Base Rate” shall mean the
greatest of (i) the rate of interest per annum determined by the Administrative Agent from time to time as its prime commercial lending rate for U.S. Dollar loans in the United States for such day (the “Prime
Rate”), (ii) the Federal Funds Effective Rate plus 0.50% per annum, and (iii) the Adjusted Eurodollar Rate as of such date for a one-month Interest Period plus 1.00% per annum. The Prime Rate is not
necessarily the lowest rate that the Administrative Agent is charging to any corporate customer. Any change in the Alternate Base Rate due to a change in the Prime Rate, the Federal Funds Effective Rate or the Adjusted Eurodollar Rate shall be
effective from and including the date of such change in the Prime Rate, the Federal Funds Effective Rate or the Adjusted Eurodollar Rate, respectively. 

  
 3 

 “Applicable Law” shall mean all applicable provisions of constitutions,
statutes, laws, ordinances, rules, treaties, regulations, permits, licenses, approvals, interpretations and orders of all Governmental Authorities and all orders and decrees of all courts and arbitrators. 

“Applicable Rate” shall mean for any day (a) for any Incremental Term Loan, the applicable margin per annum set
forth in the joinder agreement with respect thereto, (b) for the Revolving Facility Loans, (i) prior to the Trigger Date, (x) with respect to any Eurodollar Loan, a margin of 2.50% per annum and (y) with respect to
any ABR Loan, a margin of 1.50% per annum and (ii) on and after the Trigger Date, the applicable margin per annum set forth below under the caption “Revolving Facility Loans ABR Loan Spread” and
“Revolving Facility Loans Eurodollar Loan Spread”, as applicable, based upon the Leverage Ratio as of the last date of the most recent fiscal quarter of the Borrower, (c) for Swingline Loans, prior to the Trigger Date, a margin
of 1.50% per annum, and on or after the Trigger Date, the applicable margin per annum set forth below under the caption “Swingline Loans ABR Loan Spread” and (d) for the Commitment Fees, (i) prior to the
Trigger Date, a rate per annum equal to 0.50% and (ii) on and after the Trigger Date, the applicable rate per annum set forth below under the caption “Commitment Fee” based upon the Leverage Ratio as of the last date of
the most recent fiscal quarter of the Borrower: 
  

													
	 Leverage Ratio:
	  	Revolving
Facility Loans
ABR Loan
Spread /
Swingline Loans
ABR Loan
Spread	 	 	Revolving
Facility Loans
Eurodollar
Loan Spread	 	 	Commitment
Fee	 
	 Category 1: Greater than 4.50 to 1.00
	  	 	1.75	% 	 	 	2.75	% 	 	 	0.50	% 
	 Category 2: Less than or equal to 4.50 to 1.00 but greater than 4.00 to 1.00
	  	 	1.50	% 	 	 	2.50	% 	 	 	0.50	% 
	 Category 3: Less than or equal to 4.00 to 1.00 but greater than 3.50 to 1.00
	  	 	1.25	% 	 	 	2.25	% 	 	 	0.375	% 
	 Category 4: Less than or equal to 3.50 to 1.00 but greater than 3.00 to 1.00
	  	 	1.00	% 	 	 	2.00	% 	 	 	0.375	% 
	 Category 5: Less than or equal to 3.00 to 1.00
	  	 	0.75	% 	 	 	1.75	% 	 	 	0.30	% 

 For purposes of the foregoing, (1) the Leverage Ratio shall be determined as of the end of each fiscal
quarter of the Borrower’s fiscal year based upon the consolidated financial information of the Borrower and its Restricted Subsidiaries delivered pursuant to Section 5.04(a) or (b) and (2) each change in the Applicable Rate
resulting from a change in the Leverage Ratio shall be effective on the first Business Day after the date of delivery to the Administrative Agent of such consolidated financial information indicating such change and ending on the date immediately
preceding the effective date of 

  
 4 

 
the next such change; provided that the Leverage Ratio shall be deemed to be in Category 1 at the option of the Administrative Agent or the Required Lenders, at any time during which the
Borrower fails to deliver the consolidated financial information when required to be delivered pursuant to Section 5.04(a) or (b), during the period from the expiration of the time for delivery thereof until such consolidated financial
information is delivered. 
 Notwithstanding anything to the contrary contained above in this definition or elsewhere in this Agreement, if
it is subsequently determined that the computation of the Leverage Ratio set forth in a certificate of Crestwood GP or a Financial Officer of the Borrower delivered to the Administrative Agent is inaccurate for any reason and the result thereof is
that the Lenders received interest or fees for any period based on an Applicable Rate that is less than that which would have been applicable had the Leverage Ratio been accurately determined, then, for all purposes of this Agreement, the
“Applicable Rate” for any day occurring within the period covered by such certificate of Crestwood GP or a Financial Officer of the Borrower shall retroactively be deemed to be the relevant percentage as based upon the accurately
determined Leverage Ratio for such period, and any shortfall in the interest or fees theretofor paid by the Borrower for the relevant period pursuant to Section 2.12 and Section 2.13 as a result of the miscalculation of the Leverage Ratio
shall be deemed to be (and shall be) due and payable under the relevant provisions of Section 2.12 or Section 2.13, as applicable, at the time the interest or fees for such period were required to be paid pursuant to said Section (and
shall remain due and payable until paid in full), in accordance with the terms of this Agreement); provided that, notwithstanding the foregoing, so long as an Event of Default described in Section 7.01(h) or (i) has not occurred
with respect to the Borrower, such shortfall shall be due and payable five (5) Business Days following the determination described above. 

“Approved Fund” shall have the meaning assigned to such term in Section 9.04(b). 

“Asset Acquisition” shall mean any acquisition by the Borrower or any Restricted Subsidiary of all or a portion of the assets
of, or all or a portion of the Equity Interests (other than directors’ qualifying shares) in a Person or division or line of business of a Person. 

“Asset Disposition” shall mean any sale, transfer or other disposition by the Borrower or any Restricted Subsidiary to any
Person other than the Borrower or a Restricted Subsidiary to the extent otherwise permitted hereunder of any asset or group of related assets (other than inventory or other assets sold, transferred or otherwise disposed of in the ordinary course of
business) in one or a series of related transactions. 
 “Assignment and Acceptance” shall mean an assignment and
acceptance entered into by a Lender and an assignee, and accepted by the Administrative Agent and the Borrower (if required pursuant to Section 9.04(b)), in substantially the form of Exhibit A or such other form as shall be approved
by the Administrative Agent. 
 “Availability Period” shall mean the period from the Closing Date to but excluding the
earlier of the Revolving Facility Maturity Date and the date of termination of the Revolving Facility Commitments. 
 “Available
Cash” shall mean, for any period, “Available Cash” as defined in the Limited Partnership Agreement as in effect on the Closing Date. 

“Available Unused Commitment” shall mean, with respect to a Revolving Facility Lender, at any time of determination, an
amount equal to the amount by which (a) the Revolving Facility Commitment of such Revolving Facility Lender at such time exceeds (b) the Revolving Facility Credit Exposure of such Revolving Facility Lender at such time. 

  
 5 

 “Board” shall mean the Board of Governors of the Federal Reserve System of the
United States of America. 
 “Borrower” shall have the meaning assigned to such term in the introductory paragraph to this
Agreement. 
 “Borrower Materials” shall have the meaning assigned to such term in Section 9.17(b). 

“Borrowing” shall mean a group of Loans of a single Type under a single Facility made on a single date to the Borrower and,
in the case of Eurodollar Loans, as to which a single Interest Period is in effect. 
 “Borrowing Minimum” shall mean
(a) in the case of a Revolving Facility Borrowing comprised entirely of Eurodollar Loans, $500,000, (b) in the case of a Revolving Facility Borrowing comprised entirely of ABR Loans, $500,000 and (c) in the case of a Swingline
Borrowing, $100,000. 
 “Borrowing Multiple” shall mean (a) in the case of a Revolving Facility Borrowing comprised
entirely of Eurodollar Loans, $500,000, (b) in the case of a Revolving Facility Borrowing comprised entirely of ABR Loans, $100,000 and (c) in the case of a Swingline Borrowing, $100,000. 

“Borrowing Request” shall mean a request by the Borrower in accordance with the terms of Section 2.03 and substantially
in the form of Exhibit C-1. 
 “Business Day” shall mean any day of the year, other than a Saturday, Sunday or
other day on which banks are required or authorized to close in New York, New York, and, where used in the context of Eurodollar Loans, is also a day on which dealings are carried on in the London interbank market. 

“Calculation Period” shall mean, as of any date of determination, the period of four consecutive fiscal quarters ending on
such date or, if such date is not the last day of a fiscal quarter, ending on the last day of the fiscal quarter of the Borrower most recently ended prior to such date. 

“Capital Lease Obligations” of any Person shall mean the obligations of such Person to pay rent or other amounts under any
lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of such Person under GAAP and, for
purposes hereof, the amount of such obligations at any time shall be the capitalized amount thereof at such time determined in accordance with GAAP. 

“Cash Interest Expense” shall mean, with respect to the Borrower and its Restricted Subsidiaries on a consolidated basis for
any period, Interest Expense for such period, less, for each of clauses (a), (b), (c) and (e) below, to the extent included in the calculation of such Interest Expense, the sum of (a) pay-in-kind Interest Expense or other noncash
Interest Expense (including as a result of the effects of purchase accounting), (b) the amortization of any financing fees or breakage costs paid by, or on behalf of, the Borrower or any of its Restricted Subsidiaries, including such fees paid
in connection with the Transactions or any amendments, waivers or other modifications of this Agreement, (c) the amortization of debt discounts, if any, or fees in respect of Swap Agreements, (d) cash interest income of the Borrower and
its Restricted Subsidiaries for such period and (e) all non-recurring cash Interest Expense consisting 

  
 6 

 
of liquidated damages for failure to timely comply with registration rights obligations and financing fees, all as calculated on a consolidated basis in accordance with GAAP; provided that
Cash Interest Expense shall exclude, without duplication of any exclusion set forth in clause (a), (b), (c), (d) or (e) above, annual agency fees paid to the Administrative Agent and/or the Collateral Agent and one-time financing fees or
breakage costs paid in connection with the Transactions or any amendments, waivers or other modifications of this Agreement. 

“Cash Management Agreement” shall mean any agreement to provide cash management services, including treasury, depository,
overdraft, credit or debit card, electronic funds transfer, automated clearinghouse transfers of funds and other cash management arrangements. 

“Cash Management Bank” shall mean any Person that, at the time it enters into a Cash Management Agreement, is a Lender, an
Agent, or a Joint Lead Arranger or an Affiliate of a Lender, an Agent or a Joint Lead Arranger. 
 A “Change in Control”
shall be deemed to occur upon the occurrence of any of the following: means (i) Crestwood Equity Partners ceases to own and control 100% of the outstanding Equity Interests of Crestwood GP; (ii) any Person or group of Persons (within the
meaning of Section 13(d)(3) of the Securities Exchange Act of 1934 as in effect on the Closing Date), other than any combination of Permitted Holders (or a single Permitted Holder), shall acquire, directly or indirectly, in the aggregate Equity
Interests representing 35% or more of the aggregate ordinary voting power represented by the issued and outstanding Equity Interests of the Borrower and any combination of the Permitted Holders (including a single Permitted Holder) own beneficially
(as defined above) directly or indirectly, a smaller percentage of such ordinary voting power at such time than the Equity Interests owned by such other Person or group; (iii) a “Change in Control” or similar event shall occur under
the Existing CMLP Notes Indenture, the Existing Notes Indenture or any other Permitted Junior Debt that is Material Indebtedness, (iv) any Person or group of Persons (within the meaning of Section 13(d)(3) of the Securities Exchange Act of
1934), other than Permitted Holders, shall acquire, directly or indirectly, more than 50% of the aggregate ordinary voting power represented by the issued and outstanding Equity Interests of Crestwood Equity GP; (v) Crestwood GP ceases to be
the general partner of the Borrower or Crestwood Equity GP ceases to be the general partner of Crestwood Equity Partners; (vi) a majority of the seats on the board of directors (or other applicable governing body) of Crestwood GP shall at any
time after the Closing Date be occupied by Persons who were not nominated by Crestwood GP or Crestwood Equity Partners, by a Permitted Holder, by a majority of the board of directors (or other applicable governing body) of Crestwood GP or Crestwood
Equity Partners or by Persons so nominated; or (vii) a majority of the seats on the board of directors (or other applicable governing body) of Crestwood Equity GP shall at any time after the Closing Date be nominated by Persons who were not
nominated by Crestwood Equity GP, by a Permitted Holder, by a majority of the board of directors (or other applicable governing body) of Crestwood Equity GP or by Persons so nominated. 

“Change in Law” shall mean (a) the adoption or implementation of any treaty, law, rule or regulation after the Closing
Date, (b) any change in law, rule or regulation or in the interpretation or application thereof by any Governmental Authority after the Closing Date or (c) compliance by any Lender or Issuing Bank (or, for purposes of Section 2.15(b),
by any lending office of such Lender or Issuing Bank or by such Lender’s or Issuing Bank’s holding company, if any) with any written request, guideline or directive (whether or not having the force of law but if not having the force of
law, then being one with which the relevant party would customarily comply) of any Governmental Authority made or issued after the Closing Date; provided, that notwithstanding anything herein to the contrary, (i) the Dodd-Frank Wall
Street Reform and Consumer Protection Act and all requests, rules, regulations, guidelines or directives thereunder or issued in connection therewith and (ii) all requests, rules, guidelines 

  
 7 

 
or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or United States or foreign regulatory
agencies, 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; provided, further, that any increased costs associated with a Change in
Law based on the foregoing clauses (i) and/or (ii) may only be imposed to the extent the applicable Lender imposes the same charges or additional amounts on other similarly situated borrowers under comparable facilities. 

“Charges” shall have the meaning assigned to such term in Section 9.09. 

“Closing Date” shall mean October 7, 2013, and “Closing” shall mean the making of the initial Loans
hereunder on the Closing Date. 
 “Closing Date Real Property” shall mean all of the Real Property set forth on Schedule
1.01A. 
 “Closing Date Refinancing” shall have the meaning assigned to such term in the recitals. 

“CMM” shall mean Crestwood Marcellus Midstream LLC, a Delaware limited liability company. 

“Code” shall mean the Internal Revenue Code of 1986, as amended from time to time (except as otherwise provided herein). 

“Co-Documentation Agents” shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

 “Collateral” shall mean all the “Collateral” as defined in any Security Document and shall also include the
Mortgaged Properties. 
 “Collateral Agent” shall have the meaning assigned to such term in the introductory
paragraph of this Agreement. 
 “Collateral Agreement” shall mean the Guarantee and Collateral Agreement, as amended,
supplemented or otherwise modified from time to time, substantially in the form of Exhibit E, among the Borrower, each Subsidiary Loan Party and the Collateral Agent, and any other guarantee and collateral agreement that may be executed
after the Closing Date in favor of, and in form and substance acceptable to, the Collateral Agent. 
 “Collateral and Guarantee
Requirement” shall mean the requirement that: 
 (a) on the Closing Date, the Collateral Agent shall have received
from each Loan Party a counterpart of the Collateral Agreement, duly executed and delivered on behalf of such Loan Party; 

(b) on the Closing Date, the Collateral Agent shall be the beneficiary of a pledge of all the issued and outstanding Equity
Interests of each Material Subsidiary (other than Excluded Subsidiaries) and all other outstanding Equity Interests directly owned by a Loan Party (except, in each case, to the extent that a pledge of such Equity Interests is not permitted
under Section 9.21), and the Collateral Agent shall have received all certificates or other instruments (if any) representing such Equity Interests, together with stock powers or other instruments of transfer with respect thereto endorsed in
blank, or shall have otherwise received a security interest over such Equity Interests satisfactory to the Collateral Agent; 

  
 8 

 (c) in the case of any Person that becomes a Loan Party after the Closing Date,
the Collateral Agent shall have received a supplement to the Collateral Agreement, in the form specified therein, duly executed and delivered on behalf of such Loan Party; 

(d) with respect to any Equity Interests acquired by any Loan Party after the Closing Date, all such outstanding Equity
Interests directly owned by a Loan Party or any Person that becomes a Subsidiary Loan Party after the Closing Date, shall have been pledged in accordance with the Collateral Agreement to the extent permitted under Section 9.21, and the
Collateral Agent shall have received all certificates or other instruments (if any) representing such Equity Interests, together with stock powers or other instruments of transfer with respect thereto endorsed in blank, or shall have otherwise
received a security interest over such Equity Interests satisfactory to the Collateral Agent; 
 (e) (i) all Indebtedness of
the Borrower and each Subsidiary (other than Excluded Subsidiaries) that is owing to any Loan Party shall have been pledged in accordance with the Collateral Agreement, (ii) all Indebtedness of the Borrower and each Subsidiary (other than
Excluded Subsidiaries) having an aggregate principal amount in excess of $20.0 million that is owing to any Loan Party shall be evidenced by a promissory note or an instrument and (iii) the Collateral Agent shall have, in respect of all such
Indebtedness of the Borrower and each such Subsidiary having an aggregate principal amount in excess of $20.0 million (other than intercompany current liabilities incurred in the ordinary course of business in connection with the cash
management operations of the Borrower and its Subsidiaries (other than Excluded Subsidiaries)), received originals of all such promissory notes or instruments, together with note powers or other instruments of transfer with respect thereto endorsed
in blank; 
 (f) all documents and instruments, required by law or reasonably requested by the Collateral Agent to be
executed, filed, registered or recorded to create the Liens intended to be created by the Security Documents (in each case, including any supplements thereto) and perfect such Liens, including UCC financing statements, to the extent required by, and
with the priority required by, the Security Documents or reasonably requested by the Collateral Agent, shall have been filed, registered or recorded or delivered to the Collateral Agent for filing, registration or recording concurrently with, or
promptly following, the execution and delivery of each such Security Document; 
 (g) each Loan Party shall have
(x) delivered to the Collateral Agent all policies or certificates of insurance of the type required by Section 5.02 (to the extent customary and obtainable after the use of commercially reasonable efforts) and (y) obtained all
consents and approvals required to be obtained by it in connection with the execution and delivery of all Security Documents (or supplements thereto) to which it is a party and the granting by it of the Liens thereunder and the performance of its
obligations thereunder; 

  
 9 

 (h) the Collateral Agent shall receive from the applicable Loan Parties
(i) with respect to each Closing Date Real Property, within 90 days following the Closing Date (or such later date as agreed by the Administrative Agent in its sole discretion) and (ii) in the case of any other Real Property required to be
subject to a Mortgage pursuant to Section 5.10(b) (collectively, the “Additional Real Property”) prior to the date required pursuant to Sections 5.10(b) and (c), the following documents and instruments that constitute
Collateral: 
 (i) a Mortgage duly authorized and executed, in form for recording in the recording office of each
jurisdiction where such Closing Date Real Property or Additional Real Property to be encumbered thereby is situated, in favor of the Collateral Agent, for its benefit and the benefit of the Secured Parties, together with such other instruments as
shall be necessary or appropriate (in the reasonable judgment of the Collateral Agent) to create a Lien under applicable law, all of which shall be in form and substance reasonably satisfactory to Collateral Agent, which Mortgage and other
instruments shall be effective to create and/or maintain a first priority Lien on such Closing Date Real Property or Additional Real Property, as the case may be, subject to no Liens other than Prior Liens and Permitted Encumbrances applicable to
such Closing Date Real Property or such Additional Real Property, as the case may be; 
 (ii) policies or certificates of
insurance of the type required by Section 5.02 (to the extent customary and obtainable after the use of commercially reasonable efforts); 

(iii) evidence of flood insurance required by Section 5.02(b), in form and substance reasonably satisfactory to
Administrative Agent, it being understood that, in any event, the items required pursuant to this clause (iii) shall be required to be delivered prior to or on the day on which Mortgages are delivered pursuant to clause (i) above with
respect to such Mortgaged Property; and 
 (iv) all such other items as shall be reasonably necessary in the opinion of
counsel to the Lenders to create a valid and perfected first priority mortgage Lien on such Closing Date Real Property or such Additional Real Property, subject only to Permitted Encumbrances and Prior Liens. Without limiting the generality of the
foregoing, if requested by the Administrative Agent, the Administrative Agent shall have received, on behalf of itself, the Collateral Agent, the Lenders, and each Issuing Bank, opinions of local counsel for the Loan Parties in states in which the
Mortgaged Properties are located, with respect to the enforceability and validity of the Mortgages and any related fixture filings in form and substance reasonably satisfactory to the Administrative Agent; and 

(i) with respect to each of the items identified in this definition of “Collateral and Guarantee Requirement” that
are required to be delivered on a date after the Closing Date, the Administrative Agent, in each case, may (in its sole discretion) extend such date. 

Notwithstanding the foregoing provisions of this definition or anything in this Agreement or any other Loan Document to the contrary,
(a) Liens required to be granted from time to time pursuant to the term “Collateral and Guarantee Requirement” (i) shall be subject to exceptions and limitations set forth in the Security Documents and (ii) shall not
contravene the Agreed Security Principles or Section 9.21, (b) in no event shall control agreements or other control or similar arrangements be required with respect to deposit accounts or securities accounts, (c) in no event shall
the Collateral include any Excluded Assets and (d) the security interests and Liens required in this definition shall not apply during the continuation of a Collateral Release Event that has not been followed by the Collateral Regrant Event.

 “Collateral Regrant Event” shall have the meaning assigned to such term in Section 5.10(g). 

“Collateral Release Event” shall have the meaning assigned to such term in Section 5.10(g). 

“COLT Interconnect” shall mean the pipeline interconnect between the COLT Terminal and a crude oil storage facility that
interconnects with certain interstate pipelines near Tioga, North Dakota. 

  
 10 

 “COLT Terminal” means that certain oil loading terminal and storage facility and
related facilities located in Williams County, North Dakota. 
 “Commercial Operation Date” means the date on which a
Material Project is substantially complete and commercially operable. 
 “Commitment Fee” shall have the meaning assigned
to such term in Section 2.12(a). 
 “Commitment Letter” shall mean that certain Commitment Letter dated as of
May 5, 2013, by and among the Borrower and the Joint Lead Arrangers, as modified by that certain Joinder Agreement to Commitment Letter, dated as of May 15, 2013, by and among the Borrower, the Joint Lead Arrangers, Barclays Bank PLC,
JPMorgan Chase Bank, N.A., J.P. Morgan Securities, LLC, Morgan Stanley Senior Funding, Inc., Royal Bank of Canada, RBC Capital Markets, SunTrust Bank, SunTrust Robinson Humphrey, Inc., Wells Fargo Securities, LLC and Wells Fargo. 

“Commitments” shall mean (a) with respect to any Lender, such Lender’s Revolving Facility Commitment and
Incremental Commitment, (b) with respect to any Lender that is a Swingline Lender, its Swingline Commitment, and (c) with respect to any Issuing Bank, its Revolving L/C Commitment. 

“Commodity Exchange Act” shall mean the Commodity Exchange Act (7. U.S.C. § 1 et seq.), as amended from time to time,
and any successor statute. 
 “Communications” shall have the meaning assigned to such term in Section 9.17. 

“Conflicts Committee” shall have the meaning ascribed thereto in the Limited Partnership Agreement. 

“Consolidated Debt” at any date shall mean (without duplication) all Indebtedness consisting of Capital Lease Obligations,
Indebtedness for borrowed money (other than letters of credit and performance bonds to the extent undrawn) and Indebtedness in respect of the deferred purchase price of property or services of the Borrower and its Restricted Subsidiaries determined
on a consolidated basis on such date. 
 “Consolidated Net Debt” at any date shall mean Consolidated Debt on such date
minus cash and Permitted Investments of the Borrower and its Restricted Subsidiaries that are Loan Parties on such date in an amount not to exceed $10.0 million, to the extent the same (w) is not being held as cash collateral (other than as
Collateral for the Facilities), (x) does not constitute escrowed funds for any purpose, (y) does not represent a minimum balance requirement and (z) is not subject to other restrictions on withdrawal. 

“Consolidated Net Income” shall mean, for any period, the aggregate of the Net Income of the Borrower and its Subsidiaries
for such period determined on a consolidated basis; provided, however, that 
 (a) any net after-tax extraordinary,
unusual or nonrecurring gains or losses (less all fees and expenses related thereto) or income or expenses or charges (including, without limitation, any pension expense, casualty losses, severance expenses, facility closure expenses, system
establishment costs, mobilization expenses that are not reimbursed and other restructuring expenses, benefit plan curtailment expenses, bankruptcy reorganization claims, settlement and related expenses and fees, expenses or charges related to any
offering of Equity Interests of the Borrower or any of its Subsidiaries, any Investment, acquisition or Indebtedness permitted to be incurred hereunder (in each case, whether or not successful), including all fees, expenses, charges

  
 11 

 
and change of control payments related to the Transaction), in each case, shall be excluded; provided that, with respect to each nonrecurring item, the Borrower shall have delivered to the
Administrative Agent an officers’ certificate or certificate of Crestwood GP specifying and quantifying such item and stating that such item is a nonrecurring item, 

(b) any net after-tax income or loss from discontinued operations and any net after-tax gain or loss on disposal of
discontinued operations shall be excluded, 
 (c) any net after-tax gain or loss (including the effect of all fees and
expenses or charges relating thereto) attributable to business dispositions or asset dispositions other than in the ordinary course of business (as determined in good faith by the Board of Directors of the Borrower) shall be excluded, 

(d) any net after-tax income or loss (including the effect of all fees and expenses or charges relating thereto) attributable
to the refinancing, modification of or early extinguishment of indebtedness (including any net after-tax income or loss attributable to the repayment of the Existing Credit Facilities and obligations under Swap Agreements) shall be excluded, 

(e) the Net Income for such period of any Person that is not a Restricted Subsidiary, or that is accounted for by the equity
method of accounting, shall be included only to the extent of the amount of dividends or distributions or other payments paid in cash (or to the extent converted into cash) to the Borrower or a Restricted Subsidiary thereof in respect of such
period, 
 (f) (x) the Net Income for such period of any Subsidiary (that is not a Loan Party) of the Borrower and
(y) any amount of Net Income of any Person that is not a Restricted Subsidiary that would otherwise be included pursuant to clause (e) of this definition shall, in each case, be excluded to the extent that the declaration or payment of
dividends or similar distributions by such Subsidiary (or such other Person) of its Net Income is not at the date of determination permitted without any prior governmental approval (which has not been obtained) or, directly or indirectly, by the
operation of the terms of its organizational documents or any agreement, instrument, judgment, decree, order, statute, rule, or governmental regulation applicable to that Subsidiary (or that other Person) or its stockholders or members, unless such
restriction with respect to the payment of dividends or in similar distributions has been legally waived or complied with (provided that, in the case of clause (x), the net loss of any such Subsidiary shall be included to the extent funds are
disbursed by such Person or any other Subsidiary of such Person in respect of such loss and that Net Income of such Person shall be increased by the amount of dividends or distributions or other payments that are actually paid in cash (or to the
extent converted into cash) by such Subsidiary to the Borrower or one of its other Restricted Subsidiaries in respect of such period to the extent not already included therein), 

(g) Consolidated Net Income for such period shall not include the cumulative effect of a change in accounting principles during
such period, 
 (h) any non-cash charges from the application of the purchase method of accounting in connection with the
Transactions or any future acquisition, to the extent such charges are deducted in computing such Consolidated Net Income, shall be excluded, 

(i) accruals and reserves that are established within twelve months after the Closing Date and that are so required to be
established in accordance with GAAP shall be excluded, 

  
 12 

 (j) any non-cash expenses (including, without limitation, write-downs and
impairment of property, plant, equipment, goodwill and intangibles and other long-lived assets), any non-cash gains or losses on interest rate and foreign currency derivatives and any foreign currency transaction gains or losses and any foreign
currency exchange translation gains or losses that arise on consolidation of integrated operations shall be excluded, and 

(k) (i) any long-term incentive plan accruals and any non-cash compensation expense realized from grants of stock or unit
appreciation or similar rights, stock or unit options, any restricted stock or unit plan or other rights to officers, directors, and employees of the Borrower or any of its Subsidiaries shall be excluded and (ii) any long-term incentive plan
accruals and non-cash compensation expenses directly attributable to services rendered on behalf of, and directly or indirectly paid for by, the Loan Parties, realized from grants of stock or unit appreciation or similar rights, stock or unit
options, any restricted stock or unit plan or other rights to any employees of a Parent Company, shall be excluded. 
 “Consolidated
Total Assets” shall mean, as of any date, the total assets of the Borrower and its consolidated Restricted Subsidiaries, determined in accordance with GAAP, in each case as set forth on the consolidated balance sheet of the Borrower as of
such date. 
 “Control” shall mean the possession, directly or indirectly, of the power to direct or cause the direction of
the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise, and “Controlling” and “Controlled” shall have meanings correlative thereto. 

“Credit Event” shall have the meaning assigned to such term in Article IV. 

“Crestwood Equity GP” shall have the meaning assigned to such term in the recitals. 

“Crestwood Equity Partners” shall have the meaning assigned to such term in the recitals. 

“Crestwood GP” shall mean Crestwood Midstream GP LLC (formerly known as NRGM GP, LLC), a Delaware limited liability company.

 “deeds” shall have the meaning assigned to such term in Section 3.17(c). 

“Default” shall mean any event or condition that upon notice, lapse of time or both would constitute an Event of Default.

 “Defaulting Lender” shall mean any Lender that (a) has failed to perform any of its funding obligations under this
Agreement, including with respect to Loans and participations in Letters of Credit or Swingline Loans within three Business Days of the date when due, unless the subject of a good faith dispute, (b) has notified the Borrower or the
Administrative Agent that it does not intend to comply with its funding obligations under this Agreement or has made a public statement to such effect with respect to its funding obligations under this Agreement (and such notice or public statement
has not been withdrawn), unless the subject of a good faith dispute, (c) has failed, within three Business Days after request by the Administrative Agent (whether acting on its own behalf or at the reasonable request of the Borrower (it being
understood that the Administrative Agent shall comply with any such reasonable request)), to confirm in a manner reasonably satisfactory to the Administrative Agent that it will comply with its funding obligations, unless the subject of a good faith
dispute (provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon receipt of such written confirmation by the Administrative Agent and the Borrower), (d) has otherwise failed to pay over to
the Administrative 

  
 13 

 
Agent or any other Lender any other amount required to be paid by it hereunder within three Business Days of the date when due, unless the subject of a good faith dispute or subsequently cured,
or (e) has, or has a direct or indirect parent company that has, become the subject of a proceeding under any bankruptcy or insolvency laws, or has 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, or has
taken any action in furtherance of, or indicating its consent to, approval of or acquiescence in any such proceeding or appointment; provided, that a Lender shall not become a Defaulting Lender solely as the result of the acquisition or
maintenance of an ownership interest in such Lender or its direct or indirect parent company or the exercise of control over a Lender or its direct or indirect parent company by a Governmental Authority or an instrumentality thereof. 

“Domestic Subsidiary” shall mean each Subsidiary that is not a Foreign Subsidiary. 

“Drop-Down Acquisition” shall mean any acquisition by the Borrower or one or more of its Subsidiaries of property or assets
(including Equity Interests of any Person but excluding capital expenditures or acquisitions of inventory or supplies in the ordinary course of business) from Crestwood Equity Partners or any its subsidiaries or Affiliates (other than the Borrower
or any of its Subsidiaries). 
 “EBITDA” shall mean, with respect to the Borrower and its Restricted Subsidiaries on a
consolidated basis for any period, the Consolidated Net Income for such period plus (a) the sum of (in each case without duplication and to the extent the respective amounts described in subclauses (i) through (xii) of this
clause (a) reduced such Consolidated Net Income for the respective period for which EBITDA is being determined (but excluding any non-cash item to the extent it represents an accrual or reserve for a potential cash charge in any future period
or amortization of a prepaid cash item that was paid in a prior period)): 
 (i) provision for Taxes (whether or not paid,
estimated or accrued) based on income, profits, losses or capital of the Borrower and its Restricted Subsidiaries for such period (adjusted for the tax effect of all adjustments made to Consolidated Net Income), 

(ii) Interest Expense of the Borrower and its Restricted Subsidiaries that are Loan Parties for such period (net of interest
income of the Borrower and such Restricted Subsidiaries for such period) and to the extent not reflected in Interest Expense, costs of surety bonds in connection with financing activities, 

(iii) depreciation, amortization (including, without limitation, amortization of intangibles and deferred financing fees) and
other non-cash expenses (including, without limitation write-downs and impairment of property, plant, equipment, goodwill and intangibles and other long-lived assets and the impact of purchase accounting on the Borrower and its Restricted
Subsidiaries for such period), 
 (iv) the amount of any restructuring charges (which, for the avoidance of doubt, shall
include retention, severance, systems establishment cost or excess pension, other post-employment benefits, curtailment or other excess charges); provided that with respect to each such restructuring charge, the Borrower shall have delivered
to the Administrative Agent an officers’ certificate or certificate of Crestwood GP specifying and quantifying such expense or charge and stating that such expense or charge is a restructuring charge, 

(v) any other non-cash charges, 

  
 14 

 (vi) equity earnings or losses in Affiliates unless funds have been disbursed to
such Affiliates by the Borrower or any Restricted Subsidiary, 
 (vii) other non-operating expenses, 

(viii) the minority interest expense consisting of subsidiary income attributable to minority equity interests of third parties
in any Restricted Subsidiary that is not a Subsidiary Loan Party in such period or any prior period, except to the extent of dividends declared or paid on Equity Interests held by third parties, 

(ix) costs of reporting and compliance requirements pursuant to the Sarbanes-Oxley Act of 2002 and under similar legislation of
any other jurisdiction; 
 (x) accretion of asset retirement obligations in accordance with SFAS No. 143, Accounting for
Asset Retirement Obligations and under similar requirements for any other jurisdiction; 
 (xi) extraordinary losses and
unusual or non-recurring cash charges, severance, relocation costs and curtailments or modifications to pension and post-retirement employee benefit plans, and 

(xii) restructuring costs related to (A) acquisitions after the Closing Date permitted under the terms hereof and
(B) closure or consolidation of facilities; 
 minus (b) to the extent such amounts increased such Consolidated Net Income for the
respective period for which EBITDA is being determined, non-cash items increasing Consolidated Net Income for such period (but excluding any such items which represent the reversal in such period of any accrual of, or cash reserve for, anticipated
cash charges in any prior period where such accrual or reserve is no longer required). 
 In addition, EBITDA may include, at the
Borrower’s option, any New Project EBITDA Adjustments and any Rangeland Acquisition EBITDA Adjustments. Furthermore, in the event the Borrower or any of its consolidated Restricted Subsidiaries undertakes a Material Project, a Material Project
EBITDA Adjustment may be added to EBITDA at the Borrower’s option. Finally, EBITDA shall be increased for the applicable period, without duplication, to reflect the collection in cash of any deficiency payment received during such period
pursuant to the Rangeland Contracts and Other Contracts (in each case, to the extent increasing deferred revenue of the Borrower or any Restricted Subsidiary) or the delivery of services in excess of contracted requirements thereunder, after
deducting the amount of any cash payment previously collected and required to be credited to the applicable customers under the Rangeland Contracts and Other Contracts, as applicable, as a result of previous deficiency payments made under the
Rangeland Contracts or Other Contracts, as applicable. 
 “Environment” shall mean ambient and indoor air, surface water
and groundwater (including potable water, navigable water and wetlands), the land surface or subsurface strata or sediment, natural resources such as flora and fauna or as otherwise similarly defined in any Environmental Law. 

“Environmental Claim” shall mean any and all actions, suits, demands, demand letters, claims, liens, notices of
non-compliance or violation, notices of liability or potential liability, investigations, proceedings, consent orders or consent agreements relating in any way to any actual or alleged violation of Environmental Law or any Release or threatened
Release of, or exposure to, Hazardous Material. 

  
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 “Environmental Event” shall have the meaning assigned to such term in
Section 7.01(m). 
 “Environmental Law” shall mean, collectively, all federal, state, provincial, local or foreign
laws, including common law, ordinances, regulations, rules, codes, orders, judgments or other requirements or rules of law that relate to (a) the prevention, abatement or elimination of pollution, or the protection of the Environment, natural
resources or human health, or natural resource damages, and (b) the use, generation, handling, treatment, storage, disposal, Release, transportation or regulation of, or exposure to, Hazardous Materials, including the Comprehensive
Environmental Response Compensation and Liability Act, 42 U.S.C. §§ 9601 et seq., the Endangered Species Act, 16 U.S.C. §§ 1531 et seq., the Solid Waste Disposal Act, as amended by the Resource Conservation and
Recovery Act, 42 U.S.C. §§ 6901 et seq., the Clean Air Act, 42 U.S.C. §§ 7401 et seq., the Clean Water Act, 33 U.S.C. §§ 1251 et seq., the Toxic Substances Control Act, 15 U.S.C. §§ 2601
et seq., the National Environmental Policy Act, 42 U.S.C. §§ 4321 et seq., and the Emergency Planning and Community Right to Know Act, 42 U.S.C. §§ 11001 et seq., each as amended, and their foreign, state,
provincial or local counterparts or equivalents. 
 “Equity Interests” of any Person shall mean any and all shares,
interests, rights to purchase, warrants, options, participation or other equivalents of or interests in (however designated) equity of such Person, including any preferred stock, any limited or general partnership interest, any limited liability
company membership interest and any unlimited liability company membership interests. 
 “ERISA” shall mean the Employee
Retirement Income Security Act of 1974, as amended from time to time, the regulations promulgated thereunder and any successor thereto. 

“ERISA Affiliate” shall mean any trade or business (whether or not incorporated) that, together with the Borrower or any
Subsidiary of the Borrower, is treated as a single employer under Section 414(b) or (c) of the Code, or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under
Section 414 of the Code. 
 “ERISA Event” shall mean: (a) a Reportable Event; (b) the failure to meet the
minimum funding standard of Sections 412 or 430 of the Code or Sections 302 or 303 of ERISA with respect to any Plan (whether or not waived in accordance with Section 412(c) of the Code or Section 302(c) of ERISA) or the failure to
make by its due date a required installment under Section 430(j) of the Code with respect to any Plan or the failure to make any required contribution to a Multiemployer Plan; (c) a determination that any Plan is, or is expected to be, in
“at risk” status (as defined in Section 430 of the Code or Section 303 of ERISA); (d) the incurrence by the Borrower, any Subsidiary of the Borrower or any ERISA Affiliate of any liability under Title IV of ERISA;
(e) the receipt by the Borrower, any Subsidiary of the Borrower or any ERISA Affiliate from the PBGC or a plan administrator of any notice relating to an intention to terminate any Plan, or to appoint a trustee to administer any Plan under
Section 4042 of ERISA, or the occurrence of any event or condition which could be reasonably be expected to constitute grounds under ERISA for the termination of, or the appointment of a trustee to administer, any Plan; (f) a determination
that any Multiemployer Plan is, or is expected to be, in “critical” or “endangered” status under Section 432 of the Code or Section 305 of ERISA; (g) the incurrence by the Borrower, any Subsidiary of the Borrower
or any ERISA Affiliate of any liability with respect to the withdrawal or partial withdrawal from any Plan or Multiemployer Plan; (h) the receipt by the Borrower, any Subsidiary of the Borrower or any ERISA Affiliate of any notice, or the
receipt by any Multiemployer Plan from the Borrower, a Subsidiary of the Borrower or any ERISA Affiliate of any notice, concerning the imposition of Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be,
insolvent or in reorganization, within the meaning of Title IV of ERISA; or (i) the occurrence of a nonexempt prohibited transaction (within the meaning of Section 4975 of the Code or Section 406 of ERISA) which could reasonably be
expected to result in liability to the Borrower or a Subsidiary of the Borrower. 

  
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 “Eurodollar Borrowing” shall mean a Borrowing comprised of Eurodollar Loans.

 “Eurodollar Loan” shall mean any Eurodollar Term Loan or Eurodollar Revolving Loan. 

“Eurodollar Rate” shall mean for any Interest Period with respect to any Eurodollar Loan: 

(a) the rate per annum equal to the rate determined by the Administrative Agent to be the offered rate that appears on the page
of the Reuters LIBOR 01 screen (or any successor thereto) that displays an average British Bankers Association Interest Settlement Rate (or any designated successor rate thereto) for deposits in U.S. Dollars (for delivery on the first day of such
Interest Period) with a term equivalent to such Interest Period, determined as of approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period (or, in the case of clause (iii) of the definition of
Alternate Base Rate, approximately 11:00 a.m. (London time) on the date referenced in such clause (iii)); or 
 (b) if the
rate referenced in the preceding subsection (a) does not appear on such page or service or such page or service shall cease to be available, the rate per annum equal to the rate determined by the Administrative Agent to be the offered rate on
such other page or other service that displays an average British Bankers Association Interest Settlement Rate (or any designated successor rate thereto) for deposits in U.S. Dollars (for delivery on the first day of such Interest Period) with a
term equivalent to such Interest Period, determined as of approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period (or, in the case of clause (iii) of the definition of Alternate Base Rate,
approximately 11:00 a.m. (London time) on the date referenced in such clause (iii)); or 
 (c) if the rates referenced in the
preceding subsections (a) and (b) are not available, the rate per annum determined by the Administrative Agent as the rate of interest (rounded upward to the next 1/100th of 1%) at which deposits in U.S. Dollars for delivery on the first
day of such Interest Period in same day funds in the approximate amount of the Eurodollar Borrowing being made, continued or converted and with a term equivalent to such Interest Period would be offered by the Administrative Agent’s London
branch to major banks in the offshore U.S. Dollar market at their request at approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period (or, in the case of clause (iii) of the definition of
Alternate Base Rate, approximately 11:00 a.m. (London time) on the date referenced in such clause (iii)). 
 “Eurodollar Revolving
Facility Borrowing” shall mean a Borrowing comprised of Eurodollar Revolving Loans. 
 “Eurodollar Revolving Loan”
shall mean any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted Eurodollar Rate in accordance with the provisions of Article II. 

“Eurodollar Term Loan” shall mean any Incremental Term Loan bearing interest at a rate determined by reference to the
Adjusted Eurodollar Rate in accordance with the provisions of Article II. 
 “Event of Default” shall have the meaning
assigned to such term in Section 7.01. 
 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended.

 “Excluded Assets” shall mean (a) Equity Interests in any Person that is a joint venture with a third party that is
not a Controlled Affiliate of the Borrower or any Subsidiary to the extent such Person’s 

  
 17 

 
organizational or joint venture documents prohibit such Equity Interests from being pledged under the Security Documents, (b) Equity Interests constituting an amount greater than 65% of the
voting Equity Interests of any Foreign Subsidiary or any Domestic Subsidiary substantially all of which Subsidiary’s assets consist of the Equity Interest in “controlled foreign corporations” under Section 957 of the Code,
(c) Equity Interests or other assets that are held directly by a Foreign Subsidiary, (d) any “intent to use” applications for trademark or service mark registrations filed pursuant to Section 1(b) of the Lanham Act, 15
U.S.C. § 1051, unless and until an “Amendment to Allege Use” or a “Statement of Use” under Section 1(c) or Section 1(d) of the Lanham Act has been filed, solely to the extent that such a grant of a security
interest therein prior to such filing would impair the validity or enforceability of any registration that issues from such “intent-to-use” application, (e) motor vehicles and (f) Equity Interests in Inergy Pipeline East, LLC
until such time as the appropriate approvals from the New York Public Service Commission are obtained permitting (i) the Equity Interests of Inergy Pipeline East, LLC to be pledged, (ii) Inergy Pipeline East, LLC to guaranty the
Obligations and (iii) the assets and properties of Inergy Pipeline East, LLC to become Collateral. 
 “Excluded
Indebtedness” shall mean all Indebtedness permitted to be incurred under Section 6.01. 
 “Excluded Real
Property” shall mean (i) any Real Property of the Loan Parties located in the State of New York and (ii) any leased Real Property of the Loan Parties. 

“Excluded Subsidiary” shall mean (a) any Unrestricted Subsidiary, (b) any Subsidiary other than a Relevant
Subsidiary, (c) any Subsidiary that is a joint venture with a third party that is not a Controlled Affiliate of the Borrower or any Subsidiary, to the extent such Subsidiary’s organizational or joint venture documents prohibit its Equity
Interests from being pledged under the Security Documents and (d) Inergy Pipeline East, LLC until such time as the appropriate approvals from the New York Public Service Commission are obtained permitting (i) the Equity Interests of Inergy
Pipeline East, LLC to be pledged, (ii) Inergy Pipeline East, LLC to guaranty the Obligations and (iii) the assets and properties of Inergy Pipeline East, LLC to become Collateral. 

“Excluded Swap Obligation” shall mean with respect to any guarantor, (a) any Swap Obligation if, and to the extent that
all or a portion of the guarantee of such guarantor of, or the grant by such guarantor of a security interest to secure, as applicable, such Swap Obligation (or any guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any
rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) or (b) any other Swap Obligation designated as an “Excluded Swap Obligation” of such Guarantor as
specified in any agreement between the relevant Loan Parties and hedge counterparty applicable to such Swap Obligations, and agreed by the Administrative Agent. If a Swap Obligation arises under a master agreement governing more than one Swap, such
exclusion shall apply only to the portion of such Swap Obligation that is attributable to Swaps for which such guarantee or security interest is or becomes illegal. 

“Excluded Taxes” shall mean, with respect to any Agent, any Lender, any Issuing Bank or any other recipient of any payment to
be made by or on account of any obligation of any Loan Party hereunder, (a) income, franchise and similar taxes, in each case imposed on (or measured by) net income, net profits or capital by the United States of America (or any State or other
subdivision thereof) or by the jurisdiction under the laws of which such recipient is organized or in which its principal office is located or any jurisdiction in which such recipient has a present or former connection (other than any such
connection arising solely from the Loan Documents and the transactions herein) or, in the case of any Lender or Issuing Bank, in which its applicable lending office is located, (b) any branch profits tax or any similar tax that is imposed by
any jurisdiction described in clause (a) above, (c) other than in the case of 

  
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an assignee pursuant to a request by a Loan Party under Section 2.19(b), (i) any federal withholding tax imposed by the United States or (ii) a withholding tax imposed by the
jurisdiction under the laws of which such Lender is organized or in which its principal office or applicable lending office (or other place of business) is located, in the case of each of clauses (i) and (ii), that is in effect and that would
apply to amounts payable hereunder to such Agent, Lender, Issuing Bank or other recipient at the time such Agent, Lender, Issuing Bank or other recipient becomes a party to any Loan Document (or designates a new lending office), except to the extent
that such Lender or Issuing Bank or other recipient (or its assignor, if any) was entitled, at the time of designation of a new lending office (or assignment), to receive additional amounts with respect to such withholding tax pursuant to
Section 2.17(a) or Section 2.17(c), (d) any withholding taxes attributable to such Lender’s or such other recipient’s failure (other than as a result of a Change in Law) to comply with Section 2.17(e), and (e) any
United States withholding taxes imposed under FATCA. 
 “Existing CMLP” shall have the meaning assigned to such term in the
recitals. 
 “Existing CMLP GP Acquisition” shall mean the contribution by Crestwood Gas Services Holdings LLC of its
limited liability company interests in Crestwood Gas Services GP LLC, the holder of all of the general partner interest and incentive distribution rights in Existing CMLP, to Crestwood Equity Partners in exchange for Crestwood Equity Partners units
pursuant to that certain Contribution Agreement dated as of May 5, 2013. 
 “Existing CMLP Notes” shall mean the 7.75%
Senior Notes due 2019 issued under the Existing CMLP Notes Indenture. 
 “Existing CMLP Notes Indenture” shall mean that
certain Indenture dated as of April 1, 2011, among the Borrower (as successor to Existing CMLP), as issuer, Crestwood Midstream Finance Corp. (formerly known as NRGM Finance Corp, as successor to Crestwood Midstream Finance Corporation), the
guarantors party thereto and The Bank of New York Mellon Trust Company, N.A., as trustee, as amended by that certain Supplemental Indenture No. 1, dated as of November 29, 2011, Supplemental Indenture No. 2, dated as of
January 6, 2012, Supplemental Indenture No. 3, dated as of March 22, 2012, Supplemental Indenture No. 4, dated as of April 11, 2013, and Supplemental Indenture No. 5, dated as of the Closing Date, as the same may be
further amended, restated, supplemented or otherwise modified as permitted hereunder. 
 “Existing Credit Agreement” shall
mean each of (i) that certain Credit Agreement, dated as of December 21, 2011, by and among the Borrower, JPMorgan Chase Bank, N.A., as administrative agent, SunTrust Bank and Wells Fargo Bank, N.A., as co-syndication agents, Bank of
America, N.A., as documentation agent, and the lenders from time to time party thereto, (ii) that certain Amended and Restated Credit Agreement, dated as of November 16, 2012, by and among Existing CMLP, Wells Fargo Bank, N.A., as
administrative agent, Bank of America, N.A. and Royal Bank of Canada, as syndication agents, UBS Securities LLC and The Royal Bank of Scotland plc, as co-documentation agents, and the lenders from time to time party thereto, and (iii) that
certain Credit Agreement, dated as of March 26, 2012, by and among CMM, Wells Fargo Bank, N.A. (as successor to BNP Paribas), as administrative agent, Bank of America, N.A., as syndication agent, Citibank, N.A., Royal Bank of Canada, The Royal
Bank of Scotland plc and UBS Securities LLC, as co-documentation agents, and the lenders from time to time party thereto, in each case, as such agreement has been amended, restated, supplemented or otherwise modified from time to time prior to the
Closing Date. 
 “Existing Letter of Credit” shall mean each letter of credit set forth on Schedule 1.01B. 

  
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 “Existing Notes” shall mean the Borrower’s 6.0% Senior Notes due 2020
issued under the Existing Notes Indenture. 
 “Existing Notes Indenture” shall mean that certain Indenture dated as of
December 7, 2012, among the Borrower, as issuer, Crestwood Midstream Finance Corp. (formerly known as NRGM Finance Corp.), the guarantors party thereto and U.S. Bank National Association, as trustee, as amended by that certain First
Supplemental Indenture dated as of January 18, 2013, and Second Supplemental Indenture dated as of May 22, 2013, as the same may be further amended, restated, supplemented or otherwise modified as permitted hereunder. 

“Facilities” shall mean the respective facility and commitments utilized in making Loans and credit extensions hereunder, it
being understood that as of the date of this Agreement there is one Facility, i.e., the Revolving Loan Facility. 

“FATCA” shall mean 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), any current or future regulations and official interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1) of the Code. 

“Federal Funds Effective Rate” shall mean, for any day, the weighted average (rounded upward, if necessary, to the next 1/100
of 1%) 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 which is a Business Day, the average (rounded upward, if necessary, to the next 1/100 of 1%) of the quotations for the day of such transactions received by the Administrative Agent from three Federal funds brokers of
recognized standing selected by it. 
 “Fee Letter” shall mean that certain Fee Letter, dated as of May 5, 2013, by
and among the Borrower and the Joint Lead Arrangers. 
 “Fees” shall mean the Commitment Fees, the Revolving L/C
Participation Fees, the Issuing Bank Fees, the Administrative Agent Fees and any other fees payable under the Fee Letter and the Administrative Agent Fee Letter. 

“FERC” shall mean the Federal Energy Regulatory Commission, and any successor agency thereto. 

“Finance Co” shall mean any direct, Wholly-Owned Subsidiary of the Borrower (including NRGM Finance Corp.) incorporated to
become or otherwise serving as a co-issuer or co-borrower of Permitted Junior Indebtedness permitted by this Agreement, which Subsidiary meets the following conditions at all times: (a) the provisions of Section 5.10 have been complied
with in respect of such Subsidiary, and such Subsidiary is a Restricted Subsidiary and a Subsidiary Loan Party, (b) such Subsidiary shall be a corporation and (c) such Subsidiary has not (i) incurred, directly or indirectly any
Indebtedness or any other obligation or liability whatsoever other than the Indebtedness that it was formed to co-issue or co-borrow and for which it serves as co-issuer or co-borrower, (ii) engaged in any business, activity or transaction, or
owned any property, assets or Equity Interests other than (A) performing its obligations and activities incidental to the co-issuance or co-borrowing of the Indebtedness that it was formed to co-issue or co-borrower and (B) other
activities incidental to the maintenance of its existence, including legal, Tax and accounting administration, (iii) consolidated with or merged with or into any Person, or (iv) failed to hold itself out to the public as a legal entity
separate and distinct from all other Persons. 

  
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 “Financial Officer” of any Person shall mean the Chief Financial Officer,
principal accounting officer, Treasurer, Assistant Treasurer or Controller of such Person. 
 “Financial Performance
Covenants” shall mean the covenants of the Borrower set forth in Sections 6.10 and 6.11. 
 “Flood Insurance
Laws” shall have the meaning assigned to such term in Section 5.02(b). 
 “Foreign Lender” shall mean any
Lender that is organized under the laws of a jurisdiction other than the United States of America. For purposes of this definition, the United States of America, each State thereof and the District of Columbia shall be deemed to constitute a single
jurisdiction. 
 “Foreign Subsidiary” shall mean any Subsidiary that is either (i) incorporated or organized under the
laws of any jurisdiction other than the United States of America, any State thereof or the District of Columbia (other than an entity that is disregarded for U.S. federal tax purposes and is a direct Subsidiary of an entity organized in the United
States of America, any State thereof or the District of Columbia) or (ii) any Subsidiary of a Foreign Subsidiary. 

“GAAP” shall have the meaning assigned to such term in Section 1.02. 

“Governmental Authority” shall mean any federal, state, provincial, local or foreign court or governmental agency, authority,
instrumentality or regulatory or legislative body. 
 “Guarantee” of or by any Person (the “guarantor”)
shall mean (a) any obligation, contingent or otherwise, of the guarantor guaranteeing or having the economic effect of guaranteeing any Indebtedness of any other Person (the “primary obligor”) in any manner, whether directly or
indirectly, and including any obligation of the guarantor, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness (whether arising by virtue of partnership arrangements, by
agreement to keep well, to purchase assets, goods, securities or services, to take or pay or otherwise) or to purchase (or to advance or supply funds for the purchase of) any security for the payment of such Indebtedness, (ii) to purchase or
lease property, securities or services for the purpose of assuring the owner of such Indebtedness of the payment thereof, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity of the primary
obligor so as to enable the primary obligor to pay such Indebtedness, (iv) entered into for the purpose of assuring in any other manner the holders of such Indebtedness of the payment thereof or to protect such holders against loss in respect
thereof (in whole or in part) or (v) as an account party in respect of any letter of credit or letter of guaranty issued to support such Indebtedness, or (b) any Lien on any assets of the guarantor securing any Indebtedness (or any
existing right, contingent or otherwise, of the holder of Indebtedness to be secured by such a Lien) of any other Person, whether or not such Indebtedness is assumed by the guarantor; provided, however, that the term
“Guarantee” shall not include endorsements for collection or deposit, in either case in the ordinary course of business, or customary and reasonable indemnity obligations in effect on the Closing Date or entered into in connection
with any acquisition or disposition of assets permitted under this Agreement. 
 “Hazardous Materials” shall mean all
pollutants, contaminants, wastes, chemicals, materials, substances and constituents, including explosive or radioactive substances or petroleum or petroleum distillates or breakdown constituents, asbestos or asbestos containing materials,
polychlorinated biphenyls or radon gas, of any nature, in each case subject to regulation pursuant to, or which can give rise to liability under, any Environmental Law. 

  
 21 

 “IGP Acquisition” shall mean the acquisition by Crestwood Holdings LLC and
Crestwood Gas Services Holdings LLC from Inergy Holdings GP, LLC and NRGP Limited Partner, LLC of all of the partnership interests of Inergy Holdings, L.P., the sole member of Crestwood Equity GP, for a cash payment of $80.0 million pursuant to that
certain Purchase and Sale Agreement dated as of May 5, 2013. 
 “Improvements” shall have the meaning assigned to such
term in the Mortgages. 
 “Increased Amount Date” shall have the meaning assigned to such term in Section 2.20. 

“Incremental Commitments” shall have the meaning assigned to such term in Section 2.20. 

“Incremental Lender” shall have the meaning assigned to such term in Section 2.20. 

“Incremental Maturity Date” shall mean the maturity date of any Additional Term Loan Tranche pursuant to Section 2.20.

 “Incremental Revolving Facility Commitments” shall have the meaning assigned to such term in Section 2.20. 

“Incremental Revolving Facility Lender” shall have the meaning assigned to such term in Section 2.20. 

“Incremental Term Facility Commitments” shall have the meaning assigned to such term in Section 2.20. 

“Incremental Term Lender” shall have the meaning assigned to such term in Section 2.20. 

“Incremental Term Loans” shall have the meaning assigned to such term in Section 2.20. 

“Indebtedness” of any Person shall mean, without duplication, (a) all obligations of such Person for borrowed money,
(b) all obligations of such Person evidenced by bonds, debentures, notes or similar instruments (other than surety, appeal or performance bonds to the extent that such surety, appeal or performance bonds do not constitute or result in the
incurrence of reimbursement obligations payable by such Person), (c) all obligations of such Person under conditional sale or other title retention agreements relating to property or assets purchased by such Person, (d) all obligations of
such Person issued or assumed as the deferred purchase price of property or services (other than trade liabilities and intercompany liabilities incurred in the ordinary course of business), (e) all Guarantees by such Person of Indebtedness of
others, (f) all Capital Lease Obligations of such Person, (g) all obligations of such Person with respect to interest rate protection agreements (including, without limitation, interest rate Swap Agreements) or foreign currency exchange
agreements (valued at the termination value thereof computed in accordance with a method approved by the International Swap Dealers Association and agreed to by such Person in the applicable Swap Agreement, if any), (h) the principal component
of all obligations, contingent or otherwise, of such Person (i) as an account party in respect of letters of credit (other than any letters of credit, bank guarantees or similar instrument in respect of which a back-to-back letter of credit has
been issued under or permitted by this Agreement) and (ii) in respect of banker’s acceptances. The Indebtedness of any Person shall include the Indebtedness of any partnership in which such Person is a general partner, other than to the
extent that the instrument or agreement evidencing such Indebtedness expressly limits the liability of such Person in respect thereof. 

  
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 “Indemnified Taxes” shall mean all Taxes which arise from the transactions
contemplated in, or otherwise with respect to, this Agreement, other than Excluded Taxes. 
 “Indemnitee” shall have the
meaning assigned to such term in Section 9.05(b). 
 “Information” shall have the meaning assigned to such term in
Section 3.13(a). 
 “Information Memorandum” shall mean the Confidential Information Memorandum dated May 21,
2013, as modified or supplemented prior to the Closing Date. 
 “Interest Coverage Ratio” shall mean the ratio, for the
period of four fiscal quarters ended on, or if such date of determination is not the end of a fiscal quarter, most recently prior to the date on which such determination is to be made of (a) EBITDA to (b) Cash Interest Expense; provided
that to the extent any Asset Disposition or any Asset Acquisition (or any similar transaction or transactions for which a waiver or a consent of the Required Lenders pursuant to Section 6.04 or 6.05 has been obtained) or incurrence or
repayment of Indebtedness (excluding normal fluctuations in revolving Indebtedness incurred for working capital purposes) has occurred during the relevant Test Period, the Interest Coverage Ratio shall be determined for the respective Test Period on
a Pro Forma Basis for such occurrences. 
 “Interest Election Request” shall mean a request by the Borrower to convert or
continue a Borrowing in accordance with Section 2.07, in substantially the form of Exhibit D. 
 “Interest
Expense” shall mean, with respect to any Person for any period, the sum of (a) gross interest expense of such Person for such period on a consolidated basis, including (i) the amortization of debt discounts, (ii) the
amortization of all fees (including fees with respect to Swap Agreements) payable in connection with the incurrence of Indebtedness to the extent included in interest expense, other than fees and breakage costs incurred in connection with the
repayment of the Existing Credit Facilities, (iii) the portion of any payments or accruals with respect to Capital Lease Obligations allocable to interest expense, and (iv) redeemable preferred stock dividend expenses, and
(b) capitalized interest of such Person. For purposes of the foregoing, gross interest expense shall be determined after giving effect to any net payments made or received and costs incurred by the Borrower and its Restricted Subsidiaries with
respect to Swap Agreements. 
 “Interest Payment Date” shall mean (a) with respect to any Eurodollar Loan, the last
day of the Interest Period applicable to the Borrowing of which such Loan is a part and, in the case of a Eurodollar Borrowing with an Interest Period of more than three months’ duration, each day that would have been an Interest Payment Date
had successive Interest Periods of three months’ duration been applicable to such Borrowing and, in addition, the date of any refinancing or conversion of such Borrowing with or to a Borrowing of a different Type, (b) with respect to any
ABR Loan, the last Business Day of each calendar quarter and (c) with respect to any Swingline Loan, the day that such Swingline Loan is required to be repaid pursuant to Section 2.09(a). 

“Interest Period” shall mean, as to any Borrowing consisting of a Eurodollar Loan, the period commencing on the date of such
Borrowing or on the last day of the immediately preceding Interest Period applicable to such Borrowing, as applicable, and ending on the numerically corresponding day (or, if there is no numerically corresponding day, on the last day) in the
calendar month that is 1, 2, 3 or 6 months thereafter (or 12 months or shorter, if at the time of the relevant Borrowing, all Lenders make 

  
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interest periods of such length available), as the Borrower may elect, or the date any Eurodollar Borrowing is converted to an ABR Borrowing in accordance with Section 2.07 or repaid or
prepaid in accordance with Section 2.09, 2.10 or 2.11; provided that, (a) if any Interest Period for a Eurodollar Loan would end on a day other than a Business Day, such Interest Period shall be extended to the next succeeding
Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Interest Period shall end on the next preceding Business Day, (b) any Interest Period that begins on the last Business Day of a
calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period, and (c) no
Interest Period shall extend beyond the latest of the Revolving Facility Maturity Date or any Incremental Maturity Date, as applicable. Interest shall accrue from and including the first day of an Interest Period to but excluding the last day of
such Interest Period. 
 “Investment” shall have the meaning assigned to such term in Section 6.04. 

“Issuing Bank” shall mean Wells Fargo, JP Morgan Chase Bank, N.A., Citibank, N.A. and each other Issuing Bank designated
pursuant to Section 2.05(k), in each case in its capacity as an issuer of Revolving Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.05(i). An Issuing Bank may, in its discretion, arrange for one or
more Revolving Letters of Credit to be issued by Affiliates of such Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Revolving Letters of Credit issued by such Affiliate. 

“Issuing Bank Fees” shall have the meaning assigned to such term in Section 2.12(c). 

“Joint Lead Arrangers” shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

 “Lender” shall mean each financial institution listed on Schedule 2.01 (and any foreign branch of such
Lender), as well as any Person (other than a natural person) that becomes a “Lender” hereunder pursuant to Section 9.04 (and any foreign branch of such Person), any Person (other than a natural person) holding outstanding Revolving
Facility Loans, any Person (other than a natural person) holding outstanding Swingline Loans or any Person (other than a natural person) holding outstanding Incremental Term Loans. Unless the context otherwise requires, the term “Lenders”
includes the Swingline Lender. 
 “Leverage Ratio” shall mean, on any date, the ratio of (a) Consolidated Net Debt as
of such date to (b) EBITDA for the period of four consecutive fiscal quarters of the Borrower most recently ended as of such date, all determined on a consolidated basis in accordance with GAAP; provided that to the extent any Asset
Disposition or any Asset Acquisition (or any similar transaction or transactions that require a waiver or a consent of the Required Lenders pursuant to Section 6.04 or Section 6.05) or incurrence or repayment of Indebtedness (excluding
normal fluctuations in revolving Indebtedness incurred for working capital purposes) has occurred during the relevant Test Period, the Leverage Ratio shall be determined for the respective Test Period on a Pro Forma Basis for such occurrences. 

“Lien” shall mean, with respect to any asset, (a) any mortgage, deed of trust, lien, hypothecation, pledge, encumbrance,
charge or security interest in or on such asset, (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing lease having substantially the same economic effect as
any of the foregoing) relating to such asset and (c) in the case of securities (other than Excluded Assets or securities representing an interest in an Excluded Subsidiary or an interest in a joint venture that is not a Subsidiary of the
Borrower), any purchase option, call or similar right of a third party with respect to such securities. 

  
 24 

 “Limited Partnership Agreement” shall mean the First Amended and Restated
Agreement of Limited Partnership of the Borrower, dated as of December 21, 2011, as may be amended, restated, supplemented or otherwise modified as permitted hereunder. 

“Loan Documents” shall mean this Agreement, the Letters of Credit, the Security Documents and any promissory note issued
under Section 2.09(e). 
 “Loan Document Obligations” shall mean all amounts owing to any of the Agents, any Issuing
Bank or any Lender pursuant to the terms of this Agreement or any other Loan Document, or pursuant to the terms of any Guarantee thereof, including, without limitation, with respect to any Loan or Revolving Letter of Credit, together with the due
and punctual performance of all other obligations of the Borrower and the other Loan Parties under or pursuant to the terms of this Agreement and the other Loan Documents, in each case whether direct or indirect (including those acquired by
assumption), absolute or contingent, due or to become due, now existing or hereafter arising, and including interest and fees that accrue after the commencement by or against any Loan Party or any Affiliate thereof of any proceeding under any
bankruptcy or insolvency laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding. 

“Loan Parties” shall mean the Borrower and each Subsidiary Loan Party. 

“Loans” shall mean the Revolving Facility Loans, the Swingline Loans and the Incremental Term Loans. 

“Majority Lenders” of any Facility shall mean, at any time, Lenders under such Facility having (a) Loans (other than
Swingline Loans) outstanding under such Facility, (b) in the case of the Revolving Facility, Revolving L/C Exposures and Swingline Exposures and (c) unused Commitments under such Facility, that, taken together, represent more than 50%
of the sum of all (x) Loans (other than Swingline Loans) outstanding under such Facility, (y) in the case of the Revolving Facility, Revolving L/C Exposures and Swingline Exposures, and (z) the total unused Commitments under
such Facility at such time. 
 “Margin Stock” shall have the meaning assigned to such term in Regulation U. 

“Master Limited Partnership” shall mean a publicly traded limited partnership that is properly treated as a partnership for
U.S. federal income tax purposes by virtue of meeting the requirements of Section 7704(c)(1) of the Code. 
 “Material
Acquisition” shall mean any Permitted Business Acquisition with fair market value equal to or greater than $50.0 million. 

“Material Adverse Effect” shall mean (i) a materially adverse effect on the business, operations, properties, assets or
financial condition of the Borrower and its Restricted Subsidiaries, taken as a whole, or (ii) a material impairment of the validity or enforceability of, or a material impairment of the material rights, remedies or benefits available to the
Lenders, any Issuing Bank, the Administrative Agent or the Collateral Agent under, any Loan Document. 
 “Material
Indebtedness” shall mean Indebtedness (other than Loans and Letters of Credit), or obligations in respect of one or more Swap Agreements, of the Borrower or any Relevant Subsidiary in an aggregate principal amount exceeding
$50 million. For purposes of determining Material Indebtedness, the “principal amount” of the obligations of the Borrower or any Relevant Subsidiary in respect of any 

  
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Swap Agreement at any time shall be the maximum aggregate amount (giving effect to any netting agreements) that the Borrower or such Relevant Subsidiary would be required to pay if such Swap
Agreement were terminated at such time. 
 “Material Project” shall mean, collectively, the construction or expansion of
any capital project of the Borrower or any Restricted Subsidiary, the aggregate capital cost of which (inclusive of capital costs expended prior to the acquisition thereof) is reasonably expected by the Borrower to exceed, or exceeds, $20.0 million.

 “Material Project EBITDA Adjustment” shall mean, with respect to each Material Project: 

(i) prior to the Commercial Operation Date of a Material Project (but including the fiscal quarter in which such Commercial
Operation Date occurs), a percentage (equal to the then-current completion percentage of such Material Project) of an amount to be approved by the Administrative Agent as the projected EBITDA of the Borrower or its Restricted Subsidiary attributable
to such Material Project for the first 12-month period following the scheduled Commercial Operation Date of such Material Project (such amount to be determined based on contracts relating to such Material Project, the creditworthiness of the other
parties to such contracts, and projected revenues from such contracts, capital costs and expenses, scheduled Commercial Operation Date, and other factors reasonably deemed appropriate by the Administrative Agent); it being understood and agreed that
the Administrative Agent’s approval of the projected EBITDA amount shall not be withheld if the projected EBITDA so attributable is reasonably consistent with the information delivered to the Administrative Agent prior to the Closing Date),
which may, at the Borrower’s option, be added to actual EBITDA for the fiscal quarter in which construction of such Material Project commences and for each fiscal quarter thereafter until the Commercial Operation Date of such Material Project
(including the fiscal quarter in which such Commercial Operation Date occurs, but net of any actual EBITDA of the Borrower or its Restricted Subsidiary attributable to such Material 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%, and (iv) longer than 270 days, 100%; and 

(ii) beginning with the first full fiscal quarter following the Commercial Operation Date of a Material Project and for the two
immediately succeeding fiscal quarters, an amount to be approved by the Administrative Agent as the projected EBITDA of the Borrower or its Restricted Subsidiary attributable to such Material Project (determined and approved in the same manner as
set forth in clause (i) above) for the balance of the four full fiscal quarter period following such Commercial Operation Date, which may, at Borrower’s option, be added to actual EBITDA for such fiscal quarters (but net of any actual
EBITDA of the Borrower or its Restricted Subsidiary attributable to such Material Project following such Commercial Operation Date). 

Notwithstanding the foregoing, (A) no Material Project EBITDA Adjustment shall be allowed with respect to any Material
Project unless: (y) not later than 30 days (or such shorter period as is acceptable to the Administrative Agent in its reasonable discretion) prior to the delivery of any compliance certificate required by the terms and provisions of
Section 5.01(c) to 

  
 26 

 
the extent Material Project EBITDA Adjustments will be made to EBITDA, the Borrower shall have delivered to the Administrative Agent written pro forma projections of EBITDA of the Borrower (or
its Restricted Subsidiary) attributable to such Material Project, and (z) prior to the date such compliance certificate is required to be delivered, the Administrative Agent shall have approved such projections and shall have received such
other information (including updated status reports summarizing each Material Project currently under construction and covering original anticipated and current projected cost, Capital Expenditures (completed and remaining), the anticipated
Commercial Operation Date, total Material Project EBITDA Adjustments and the portion thereof to be added to EBITDA and other information regarding projected revenues, customers and contracts supporting such pro forma projections and the anticipated
Commercial Operation Date) and documentation as the Administrative Agent may reasonably request (such approval not to be withheld if such information is reasonably consistent with the information delivered to the Administrative Agent prior to the
Closing Date), all in form and substance reasonably satisfactory to the Administrative Agent, and (B) the aggregate amount of all Material Project EBITDA Adjustments during any period shall be limited to 15% of the total actual EBITDA of the
Borrower and its consolidated Restricted Subsidiaries for such period (which total actual EBITDA shall be determined without including any Material Project EBITDA Adjustments). 

“Material Subsidiary” shall mean (a) any Finance Co, and (b) each other Restricted Subsidiary now existing or
hereafter acquired or formed by the Borrower which, on a consolidated basis for such Restricted Subsidiary and its Subsidiaries, as of the last day of such Calculation Period, was the owner of more than 4.0% of the Consolidated Total Assets of
the Borrower and its Restricted Subsidiaries; provided that at no time shall the total assets of all Restricted Subsidiaries that are not Material Subsidiaries exceed, for the applicable Calculation Period, 6.0% of the Consolidated Total
Assets of the Borrower and its Restricted Subsidiaries. 
 “Maximum Leverage Ratio” shall mean, (a) on any date of
determination other than during an Acquisition Period, 5.00:1.00, and (b) on any date of determination during an Acquisition Period, 5.50:1.00. 

“Maximum Rate” shall have the meaning assigned to such term in Section 9.09. 

“Merger” shall have the meaning assigned to such term in the recitals. 

“Merger Agreement” shall have the meaning assigned to such term in the recitals. 

“Merger Documents” shall mean the collective reference to the Merger Agreement, and all exhibits and schedules thereto,
including such documents as executed. 
 “Merger Sub” shall have the meaning assigned to such term in the recitals. 

“Midstream Activities” shall mean with respect to any Person, collectively, the business of (i) the treatment,
processing, gathering, dehydration, compression, blending, transportation, storage, transmission, marketing, buying or selling or other disposition, whether for such Person’s own account or for the account of others, of oil, natural gas,
natural gas liquids or other liquid or gaseous hydrocarbons or products thereof, including that used for fuel or consumed in the foregoing activities including, without limitation, owning and operating pipelines, storage facilities, processing
plants and facilities and gathering systems, and other assets related thereto and (ii) the mining, production, marketing and/or sale of salt. 

  
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 “Midstream Assets” means, collectively, the pipeline systems (including
transmission and gathering pipelines), storage systems (including header pipeline systems), processing plants (including fractionation and treatment plants) and terminals owned by the Loan Parties in connection with their Midstream Activities. 

“Moody’s” shall mean Moody’s Investors Service, Inc. 

“Mortgage Requirement” shall mean the requirement that the Loan Parties shall have granted to the Collateral Agent a
perfected Lien on at least eighty-five percent (85%) of the aggregate book value (including the book value of improvements owned by any Loan Party and located thereon) of all Real Property of the Loan Parties (but excluding any Excluded Real
Property). 
 “Mortgaged Properties” shall mean all Real Property required to be subject to a Mortgage that is delivered
pursuant to the terms of this Agreement; provided that Mortgaged Property shall not include Excluded Real Property. 

“Mortgages” shall mean the mortgages, deeds of trust, assignments of leases and rents and other security documents delivered
with respect to Closing Date Real Property pursuant to clause (h) of the definition of Collateral and Guarantee Requirement or with respect to Additional Real Property, pursuant to Section 5.10 and clause (h) of the definition of
Collateral and Guarantee Requirement, as amended, supplemented or otherwise modified from time to time, with respect to Mortgaged Properties, each in form and substance reasonably satisfactory to the Collateral Agent, including all such changes as
may be required to account for local law matters. 
 “Multiemployer Plan” shall mean a multiemployer plan as defined in
Section 4001(a)(3) of ERISA subject to the provisions of Title IV of ERISA and in respect of which the Borrower, any Subsidiary of the Borrower or any ERISA Affiliate is an “employer” as defined in Section 3(5) of
ERISA. 
 “Net Income” shall mean, with respect to any Person, the net income (loss) of such Person, determined in
accordance with GAAP and before any reduction in respect of preferred stock dividends. 
 “Net Proceeds” shall mean: 

(a) 100% of the cash proceeds actually received by the Borrower or any Restricted Subsidiary (including any cash payments
received by way of deferred payment of principal pursuant to a note or installment receivable or purchase price adjustment receivable or otherwise and including casualty insurance settlements and condemnation awards, but only as and when received)
from any loss, damage, destruction or condemnation of, or any sale, transfer or other disposition (including any sale and leaseback of assets, but excluding proceeds of business interruption insurance to the extent such proceeds constitute
compensation for lost revenue) to any Person of any asset or assets of the Borrower or any such Restricted Subsidiary (other than those pursuant to Section 6.05(a), (b), (c), (e), (h), (i), or (j)) net of (i) attorneys’ fees,
accountants’ fees, investment banking fees, sales commissions, survey costs, title insurance premiums, and related search and recording charges, transfer taxes, deed or mortgage recording taxes, required debt payments and required payments of
other obligations relating to the applicable asset (other than pursuant hereto or pursuant to Permitted Junior Debt) and any cash reserve for adjustment in respect of the sale price of such asset established in accordance with GAAP, including
without limitation, pension and post-employment benefit liabilities and liabilities related to environmental matters or against any indemnification obligations associated with such transaction, other customary expenses and brokerage, consultant and
other customary fees actually incurred in 

  
 28 

 
connection therewith, and (ii) Taxes paid or payable as a result thereof; provided that, if no Event of Default exists and the Borrower has delivered a certificate of a Responsible
Officer of the Borrower to the Administrative Agent promptly following receipt of any such proceeds setting forth the Borrower’s intention to use any portion of such proceeds, to acquire, maintain, develop, construct, improve, upgrade or repair
assets useful in the business or otherwise invest in the business of the Borrower and its Restricted Subsidiaries, or make investments pursuant to Section 6.04(j), in each case within 12 months of such receipt, such portion of such proceeds
shall not constitute Net Proceeds, except to the extent (1) not so used within such 12-month period and (2) not committed to be used within such 12-month period and not thereafter used within 180 days of such receipt; provided,
further, that (x) no proceeds realized in a single transaction or series of related transactions shall constitute Net Proceeds unless such proceeds shall exceed $10.0 million and (y) no proceeds shall constitute Net Proceeds in any
fiscal year until the aggregate amount of all such proceeds in such fiscal year shall exceed $20.0 million, and 
 (b)
100% of the cash proceeds from the incurrence, issuance or sale by the Borrower or any other Loan Party of any Indebtedness (other than Excluded Indebtedness), net of all taxes and fees (including investment banking fees), commissions, costs and
other expenses, in each case incurred in connection with such issuance or sale. 
 For purposes of calculating the amount of Net Proceeds, fees, commissions
and other costs and expenses payable to the Borrower or any of its Affiliates shall be disregarded, except for financial advisory fees customary in type and amount paid to Affiliates of the Sponsors. 

“New Project Commercial Operations Date” shall have the meaning assigned to such term in the definition of “New Project
EBITDA Adjustments”. 
 “New Project EBITDA Adjustments” shall mean, with respect to the MARC 1 and North-South
projects (including expansions) of the Borrower (or its consolidated Restricted Subsidiaries) when they achieve commercial operation (the date on which such commercial operation is achieved, the “New Project Commercial Operations
Date”) after the Closing Date, an amount submitted by the Borrower and approved by the Administrative Agent as the projected EBITDA attributable to the additional pipeline capacity (initially giving pro forma effect as if such New Project
Commercial Operations Date occurred on the first day of the fiscal quarter in which it occurred, and thereafter such pro forma quarterly adjustments rolling off and being replaced by actual performance on a quarterly basis). New Project EBITDA
Adjustments shall be based only on (i) projected revenues from firm fixed-fee contracts (subject to adjustments for customer creditworthiness) and tariffs relating to such project, less expenses, (ii) the New Project Commercial Operations
Date with respect to each such project, and (iii) other factors reasonably deemed appropriate by the Administrative Agent. 

“Non-Consenting Lender” shall have the meaning assigned to such term in Section 2.19(c). 

“Non-U.S. Lender” shall have the meaning assigned to such term in Section 2.17(e). 

“Obligations” shall mean all amounts owing to any of the Agents, any Issuing Bank, any Lender or any other Secured Party
pursuant to the terms of this Agreement or any other Loan Document, or to any Cash Management Bank or Specified Swap Counterparty pursuant to the terms of any Secured Cash Management Agreement or Secured Swap Agreement, respectively, or pursuant to
the terms of any Guarantee thereof, including, without limitation, with respect to any Loan, Revolving Letter of Credit, Secured Cash Management Agreement or Secured Swap Agreement, together with the due and punctual performance of all other
obligations of the Borrower and the other Loan Parties under or pursuant to the 

  
 29 

 
terms of this Agreement, the other Loan Documents, any Secured Cash Management Agreement and any Secured Swap Agreement, in each case whether direct or indirect (including those acquired by
assumption), absolute or contingent, due or to become due, now existing or hereafter arising, and including interest and fees that accrue after the commencement by or against any Loan Party or any Affiliate thereof of any proceeding under any
bankruptcy or insolvency laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding. 

“OFAC” shall mean the Office of Foreign Assets Control of the U.S. Treasury Department. 

“Omnibus Agreement” shall mean that certain Omnibus Agreement dated as of December 21, 2011 among the Borrower,
Crestwood GP, Crestwood Equity Partners and Crestwood Equity GP, as amended, restated, supplemented or otherwise modified as permitted hereunder. 

“Operating” shall mean Crestwood Gas Services Operating LLC, a Delaware limited liability company. 

“Operating GP” shall mean Crestwood Gas Services Operating GP LLC, a Delaware limited liability company. 

“Other Contracts” means those current or future minimum volume, take-or-pay contracts by and between the Borrower or any of
its Restricted Subsidiaries and various customers, in each case, to the extent such contracts are entered into in the ordinary course of business or are consistent with past business practices of the Borrower and in a form reasonably satisfactory to
the Administrative Agent. 
 “Other Taxes” shall mean any and all present or future stamp or documentary taxes or any other
excise or property, intangible or mortgage recording taxes, charges or similar levies arising from any payment made hereunder or from the execution, delivery or enforcement of, or otherwise with respect to, the Loan Documents. 

“Parent Company” shall mean any Person who, directly or indirectly, owns any of the issued and outstanding Equity Interests
of the Borrower. 
 “Participant” shall have the meaning assigned to such term in Section 9.04(c). 

“PBGC” shall mean the Pension Benefit Guaranty Corporation referred to and defined in ERISA. 

“Perfection Certificate” shall mean a certificate in the form of Annex I to the Collateral Agreement or any other form
approved by the Collateral Agent. 
 “Permitted Business Acquisition” shall mean any acquisition of all or substantially
all the assets of, or all the Equity Interests (other than directors’ qualifying shares) in, a Person or division or line of business of a Person, other than such acquisition of, or of the assets or Equity Interests of, any Loan Party, if
(a) such acquisition was not preceded by, or effected pursuant to, a hostile offer, (b) such acquired Person, division or line of business of a Person is, or is engaged in, any business or business activity conducted by the Borrower and
its Subsidiaries on the Closing Date, Midstream Activities and any business or business activities incidental or related thereto, or any business or activity that is reasonably similar thereto or a reasonable extension, development or expansion
thereof or ancillary thereto, and (c) immediately after giving effect thereto: (i) no Default or Event of Default shall have occurred and be continuing or would result therefrom; (ii) all transactions related thereto shall be
consummated in 

  
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accordance with applicable laws; and (iii) (A) the Borrower and its Restricted Subsidiaries shall be in compliance, on a Pro Forma Basis after giving effect to such acquisition or
formation, with the Financial Performance Covenants recomputed as at the last day of the most recently ended fiscal quarter of the Borrower and its Restricted Subsidiaries, and, if the total consideration in respect of such acquisition exceeds
$50.0 million, the Borrower shall have delivered to the Administrative Agent a certificate of a Responsible Officer of the Borrower to such effect, together with all relevant financial information for such Subsidiary or assets, and (B) any
acquired or newly formed Subsidiary of the Borrower shall not be liable for any Indebtedness (except for Indebtedness permitted by Section 6.01). 

“Permitted Drop-Down Acquisition” shall mean any Drop-Down Acquisition approved by the Conflicts Committee after the Closing
Date; provided that such Drop-Down Acquisition, when taken together with any related transactions, are on terms and conditions reasonably fair in all material respects to the Borrower and its Restricted Subsidiaries in the good faith judgment of the
Conflicts Committee. 
 “Permitted Encumbrances” shall mean with respect to each Real Property, those Liens and other
encumbrances permitted by paragraphs (a) (with respect to any Closing Date Real Property), (b), (c), (d), (e), (h), (j), (k), (l), (m), (v), (w), (x), (z), (aa) or (bb) of Section 6.02. 

“Permitted Holder” shall mean each of the Sponsors and the Sponsor Affiliates. 

“Permitted Investments” shall mean: 

(a) direct obligations of the United States of America or any agency thereof or obligations guaranteed by the United States of
America or any agency thereof, in each case with maturities not exceeding two years; 
 (b) time deposit accounts,
certificates of deposit and money market deposits maturing within 180 days of the date of acquisition thereof issued by a bank or trust company that is organized under the laws of the United States of America, any state thereof, or any foreign
country recognized by the United States of America, having capital, surplus and undivided profits in excess of $250.0 million and whose long-term debt, or whose parent holding company’s long-term debt, is rated A (or such similar
equivalent rating or higher) by at least one nationally recognized statistical rating organization (as defined in Rule 436 under the Securities Act); 

(c) repurchase obligations with a term of not more than 180 days for underlying securities of the types described in
clause (a) above entered into with a bank meeting the qualifications described in clause (b) above; 
 (d)
commercial paper, maturing not more than one year after the date of acquisition, issued by a corporation (other than an Affiliate of the Borrower) organized and in existence under the laws of the United States of America or any foreign country
recognized by the United States of America with a rating at the time as of which any investment therein is made of P-1 (or higher) according to Moody’s, or A-1 (or higher) according to S&P; 

(e) securities with maturities of two years or less from the date of acquisition issued or fully guaranteed by any State,
commonwealth or territory of the United States of America or by any political subdivision or taxing authority thereof, and rated at least A by S&P or A-2 by Moody’s; 

  
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 (f) shares of mutual funds whose investment guidelines restrict 95% of such
funds’ investments to those satisfying the provisions of clauses (a) through (e) above; 
 (g) money market
funds that (i) comply with the criteria set forth in Rule 2a-7 under the Investment Company Act of 1940, (ii) are rated AAA by S&P and Aaa by Moody’s and (iii) have portfolio assets of at least $500.0 million; and

 (h) time deposit accounts, certificates of deposit and money market deposits in an aggregate face amount not in excess of
1/2 of 1% of the total assets of the Borrower and its Restricted Subsidiaries, on a consolidated basis, as of the end of the Borrower’s most recently completed fiscal year. 

“Permitted Junior Debt” shall mean (a) unsecured subordinated Indebtedness issued or incurred by one or both of the
Borrower and Finance Co and (b) unsecured senior Indebtedness issued by one or both of the Borrower and Finance Co, (i) the terms of which, in the case of each of clauses (a) and (b), (1) do not provide for any scheduled
repayment, mandatory redemption or sinking fund obligation prior to the date that is 91 days after the latest of (x) the Revolving Facility Maturity Date and (y) any Incremental Facility Maturity Date, (2) do not contain covenants
that, taken as a whole, are more restrictive than those set forth in this Agreement and the other Loan Documents, (3) provide for covenants and events of default customary for Indebtedness of a similar nature as such Permitted Junior Debt and
(4) in the case of unsecured subordinated Indebtedness, provide for subordination of payments in respect of such Indebtedness to the Obligations and guarantees thereof under the Loan Documents customary for high yield securities and
(ii) in the case of each of clauses (a) and (b), in respect of which no Subsidiary of a Borrower that is not an obligor under the Loan Documents is an obligor; provided that immediately prior to and after giving effect on a Pro
Forma Basis to any incurrence of Permitted Junior Debt, no Default or Event of Default shall have occurred and be continuing or would result therefrom and the Borrower would be in compliance on a Pro Forma Basis with the Financial Performance
Covenants as of the most recently completed fiscal quarter for which financial statements are available. 
 “Permitted Refinancing
Indebtedness” shall mean any Indebtedness issued in exchange for, or the net proceeds of which are used to extend, refinance, renew, replace, defease or refund (collectively, to “Refinance”), the Indebtedness being
Refinanced (or previous refinancings thereof constituting Permitted Refinancing Indebtedness); provided that (a) the Borrower and its Restricted Subsidiaries shall be in compliance, on a Pro Forma Basis after giving effect to such
Permitted Refinancing Indebtedness, with the covenants contained in Section 6.10 recomputed as at the last day of the most recently ended fiscal quarter of the Borrower and its Restricted Subsidiaries, (b) the principal amount (or accreted
value, if applicable) of such Permitted Refinancing Indebtedness does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness so Refinanced (plus unpaid accrued interest, breakage costs and premium thereon),
(c) the average life to maturity of such Permitted Refinancing Indebtedness is greater than or equal to that of the Indebtedness being Refinanced, (d) if the Indebtedness being Refinanced is subordinated in right of payment to the
Obligations under this Agreement, such Permitted Refinancing Indebtedness shall be subordinated in right of payment to such Obligations on terms at least as favorable to the Lenders as those contained in the documentation governing the Indebtedness
being Refinanced, (e) no Permitted Refinancing Indebtedness shall have different obligors, or greater guarantees or security, than the Indebtedness being Refinanced, and (f) if the Indebtedness being Refinanced is secured by any collateral
(whether equally and ratably with, or junior to, the Secured Parties or otherwise), such Permitted Refinancing Indebtedness may be secured by such collateral (including in respect of working capital facilities of Foreign Subsidiaries otherwise
permitted under this Agreement only, any collateral pursuant to after-acquired property clauses to the extent any such collateral secured the Indebtedness being Refinanced) on terms no less favorable to the Secured Parties than those contained in
the documentation governing the Indebtedness being Refinanced. 

  
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 “Person” shall mean any natural person, corporation, business trust, joint
venture, association, company, partnership, limited liability company, individual or family trusts, or government or any agency or political subdivision thereof. 

“PILOT Program” shall have the meaning assigned to such term in Section 6.03. 

“Plan” shall mean with respect to any Person resident in the United States, any employee pension benefit plan subject to the
provisions of Title IV of ERISA or Section 412 or 430 of the Code or Section 302 of ERISA and in respect of which the Borrower, any Subsidiary of the Borrower or any ERISA Affiliate is (or if such plan were terminated would under
Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA. 

“Platform” shall have the meaning assigned to such term in Section 9.17(b). 

“Pledged Collateral”, with respect to particular Collateral, shall have the meaning assigned to such term in the Collateral
Agreement applicable to such Collateral. 
 “primary obligor” shall have the meaning given such term in the definition of
the term “Guarantee.” 
 “Prior Liens” shall mean those Liens and other encumbrances permitted by
paragraphs (a), (c), (d), (e), (f), (g), (i), (j), (l), (n), (o), (p), (q), (r), (x), (y), (aa), (dd), or (ff) of Section 6.02; provided that with licenses permitted under paragraphs (q) or (ff) of Section 6.02 shall be
deemed “Prior Liens” solely to the extent that such licenses are non-exclusive. 
 “Pro Forma Basis” shall mean,
as to any Person, for any events as described in clauses (a), (b) and (c) below that occur subsequent to the commencement of a period for which the financial effect of such events is being calculated, and giving effect to the events
for which such calculation is being made, such calculation as will give pro forma effect to such events as if such events occurred on the first day of the four consecutive fiscal quarter period ended on or before the occurrence of such event
(the “Reference Period”): 
 (a) in making any determination of EBITDA on a Pro Forma Basis, pro
forma effect shall be given to any Asset Disposition and to any Asset Acquisition (or any similar transaction or transactions that require a waiver or consent of the Required Lenders pursuant to Section 6.04 or 6.05), in each case that
occurred during the Reference Period (or, unless the context otherwise requires, occurring during the Reference Period or thereafter and through and including the date upon which the respective Asset Acquisition or Asset Disposition is consummated);

 (b) in making any determination on a Pro Forma Basis, (x) all Indebtedness (including Indebtedness incurred or
assumed and for which the financial effect is being calculated, whether incurred under this Agreement or otherwise, but excluding normal fluctuations in revolving Indebtedness incurred for working capital purposes) incurred or permanently repaid
during the Reference Period shall be deemed to have been incurred or repaid at the beginning of such period, (y) Interest Expense of such Person attributable to interest on any Indebtedness, for which pro forma effect is being given as
provided in preceding clause (x), bearing floating interest rates shall be computed on a pro forma basis as if the rates that would have been in effect during the 

  
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period for which pro forma effect is being given had been actually in effect during such periods and (z) with respect to distributions made pursuant to Section 6.06(e), pro
forma effect shall be given to the decrease in cash and Permitted Investments resulting from such distributions; and 

(c) in making any determination on a Pro Forma Basis (i) with respect to designation of a Restricted Subsidiary as an
Unrestricted Subsidiary, effect shall be given to such designation and all other designations of a Restricted Subsidiary as an Unrestricted Subsidiary that occurred after the first day of the relevant Reference Period and on or prior to the date of
the then applicable designation as though such designations occurred at the beginning of such period and (ii) with respect to designation of an Unrestricted Subsidiary as a Restricted Subsidiary, effect shall be given to such designation and
all other designations of an Unrestricted Subsidiary as a Restricted Subsidiary that occurred after the first day of the relevant Reference Period and on or prior to the date of the then applicable designation as though such designations occurred at
the beginning of such period. 
 Pro forma calculations made pursuant to the definition of the term “Pro Forma Basis” shall be determined
in good faith by a Responsible Officer of the Borrower and, for any fiscal period ending on or prior to the first anniversary of an Asset Acquisition or Asset Disposition (or any similar transaction or transactions that require a waiver or consent
of the Required Lenders pursuant to Section 6.04 or 6.05), may include (a) adjustments to reflect operating expense reductions and other operating improvements or synergies reasonably expected to result from such Asset Acquisition, Asset
Disposition or other similar transaction, (b) projected revenues from firm fixed-fee contracts (subject to adjustments for customer creditworthiness) and tariffs reasonably expected to result from such transaction, less expenses, as approved by
the Administrative Agent, and (c) other factors reasonably deemed appropriate by the Administrative Agent, in each case, to the extent that the Borrower delivers to the Administrative Agent (i) a certificate of Crestwood GP or a Financial
Officer of the Borrower setting forth such operating expense reductions, other operating improvements or synergies or projected revenues and tariffs and (ii) information and calculations supporting in reasonable detail such estimated operating
expense reductions, other operating improvements or synergies, or revenues and tariffs. 
 “Projections” shall mean the
projections of the Borrower and its Subsidiaries included in the Confidential Information Memorandum and any other projections and any forward-looking statements (including statements with respect to booked business) of such entities furnished to
the Lenders or the Administrative Agent by or on behalf of the Borrower or any of its Subsidiaries prior to the Closing Date. 

“Property” means any interest in any kind of property or asset, whether real, personal or mixed, tangible or intangible. 

“Rangeland” means Inergy Crude Logistics, LLC (formerly known as Rangeland Energy, LLC), a Delaware limited liability
company. 
 “Rangeland Acquisition” shall have the meaning assigned to such term in the definition of “Rangeland
Acquisition EBITDA Adjustments”. 
 “Rangeland Acquisition EBITDA Adjustments” shall mean, on and after the date of
the acquisition by the Borrower of Rangeland (the “Rangeland Acquisition”), an amount submitted by the Borrower and approved by the Administrative Agent as the projected EBITDA attributable to the Rangeland business (initially
giving pro forma effect as if the Rangeland Acquisition occurred on the first day of the fiscal quarter in which it occurred, and thereafter such pro forma quarterly adjustments rolling off and being replaced by actual performance on a quarterly
basis). Rangeland Acquisition EBITDA 

  
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Adjustments shall be based only on (i) projected revenues from firm fixed-fee contracts (subject to adjustments for customer creditworthiness), less expenses, and (ii) other factors
reasonably deemed appropriate by the Administrative Agent. 
 “Rangeland Contracts” means those current or future minimum
volume, take-or-pay contracts by and between the Borrower or any of its Restricted Subsidiaries and various customers, in each case providing for the use of the COLT Terminal and/or the COLT Interconnect and in a form reasonably satisfactory to the
Administrative Agent. 
 “Real Property” shall mean, collectively, all right, title and interest of the Borrower or any
other Loan Party in and to any and all parcels of real property owned or leased by the Borrower or any other Loan Party together with all Improvements and appurtenant fixtures, easements and other property and rights incidental to the ownership,
lease or operation thereof. Where the Loan Documents refer to Real Property as being owned by a Loan Party, this shall be deemed to include all right, title and interest in Real Property owned or held by such Loan Party (other than leasehold
interests), whether by contract or otherwise, including rights and interests in easements and rights of way. 
 “Reference
Period” shall have the meaning assigned to such term in the definition of the term “Pro Forma Basis.” 

“Refinance” shall have the meaning assigned to such term in the definition of the term “Permitted Refinancing
Indebtedness,” and “Refinanced” shall have a meaning correlative thereto. 
 “Refinanced Term Loans”
shall have the meaning assigned to such term in Section 9.08(e). 
 “Register” shall have the meaning assigned to such
term in Section 9.04(b). 
 “Regulation S-X” shall mean Regulation S-X promulgated under the Securities Act. 

“Regulation U” shall mean Regulation U of the Board as from time to time in effect and all official rulings and
interpretations thereunder or thereof. 
 “Regulation X” shall mean Regulation X of the Board as from time to time in
effect and all official rulings and interpretations thereunder or thereof. 
 “Related Parties” shall mean, with respect to
any specified Person, such Person’s Affiliates and the respective directors, officers, employees, agents and advisors of such Person and such Person’s Affiliates. 

“Release” shall mean any placing, spilling, leaking, seepage, pumping, pouring, emitting, emptying, discharging, injecting,
escaping, leaching, dumping, disposing or depositing in, into or onto the Environment. 
 “Relevant Subsidiaries” shall
mean each Material Subsidiary and each other Subsidiary Loan Party and shall exclude each Unrestricted Subsidiary. 
 “Remaining
Present Value” shall mean, as of any date with respect to any lease, the present value as of such date of the scheduled future lease payments with respect to such lease, determined with a discount rate equal to a market rate of interest for
such lease reasonably determined at the time such lease was entered into. 

  
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 “Replacement Term Loans” shall have the meaning assigned to such term in
Section 9.08(e). 
 “Reportable Event” shall mean any reportable event as defined in Section 4043(c) of ERISA or
the regulations issued thereunder, other than those events as to which the 30-day notice period has been waived, with respect to a Plan. 

“Required Lenders” shall mean, at any time, Lenders having (a) Loans (other than Swingline Loans) outstanding,
(b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments, that taken together, represent more than 50% of the sum of all (w) Loans (other than Swingline Loans) outstanding, (x) Revolving L/C
Exposures, (y) Swingline Exposures, and (z) the total Available Unused Commitments at such time. 
 “Responsible
Officer” of any Person shall mean any executive officer, Financial Officer, director, general partner, managing member or sole member of such Person and any other officer or similar official thereof responsible for the administration of the
obligations of such Person in respect of this Agreement. 
 “Restricted Subsidiary” shall mean any Subsidiary that is not
an Unrestricted Subsidiary. 
 “Revolving Facility” shall mean the Revolving Facility Commitments and the extensions of
credit made hereunder by the Revolving Facility Lenders. 
 “Revolving Facility Borrowing” shall mean a Borrowing comprised
of Revolving Facility Loans. 
 “Revolving Facility Commitment” shall mean, with respect to each Revolving Facility Lender,
the commitment of such Revolving Facility Lender to make Eurodollar Loans and ABR Loans pursuant to Section 2.01 representing the maximum aggregate permitted amount of such Revolving Facility Lender’s Revolving Facility Credit Exposure
hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender under Section 9.04. The initial amount of
each Revolving Facility Lender’s Revolving Facility Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Revolving Facility Lender shall have assumed its Revolving Facility Commitment,
as applicable. The aggregate amount of the Revolving Facility Commitments on the date hereof is $1,000.0 million. To the extent applicable, Revolving Facility Commitments shall include the Incremental Revolving Facility Commitments of any
Incremental Revolving Facility Lender. 
 “Revolving Facility Credit Exposure” shall mean, at any time, the sum of
(a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) the Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any
Revolving Facility Lender at any time shall be the sum of (a) the aggregate principal amount of such Revolving Facility Lender’s Revolving Facility Loans outstanding at such time and (b) such Revolving Facility Lender’s Revolving
Facility Percentage of the Swingline Exposure and Revolving L/C Exposure at such time. 
 “Revolving Facility Lender” shall
mean a Lender with a Revolving Facility Commitment or with outstanding Revolving Facility Loans (including any Incremental Revolving Facility Lender). 

“Revolving Facility Loan” shall mean a Loan made to the Borrower by a Revolving Facility Lender pursuant to Section 2.01
or an Incremental Revolving Facility Lender pursuant to Section 2.20. Each Revolving Facility Loan shall be a Eurodollar Loan or an ABR Loan. 

  
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 “Revolving Facility Maturity Date” shall mean the fifth anniversary of the
Closing Date (or if such date is not a Business Day, the next succeeding Business Day, unless such Business Day is in the next calendar month, in which case the next preceding Business Day). 

“Revolving Facility Percentage” shall mean, with respect to any Revolving Facility Lender, the percentage of the total
Revolving Facility Commitments represented by such Lender’s Revolving Facility Commitment. If the Revolving Facility Commitments have terminated or expired, the Revolving Facility Percentages shall be determined based upon the Revolving
Facility Commitments most recently in effect, giving effect to any assignments pursuant to Section 9.04. 
 “Revolving L/C
Commitment” shall mean, with respect to each Issuing Bank, the commitment of such Issuing Bank to issue Revolving Letters of Credit pursuant to Section 2.05, as such commitment may be (a) ratably reduced from time to time upon any
reduction in the Revolving Facility Commitments pursuant to Section 2.08 and (b) reduced or increased from time to time pursuant to assignments by or to such Issuing Bank under Section 9.04. The amount of each Issuing Banks’
Revolving L/C Commitment as of the Closing Date is set forth in Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Issuing Bank shall have assumed its Revolving L/C Commitment, as applicable. The aggregate amount
of the Revolving L/C Commitments of the Issuing Bank on the date hereof is $250.0 million. On the date hereof, the Revolving L/C Commitment of each Issuing Bank is as follows: (i) Wells Fargo, $100.0 million, (ii) JP Morgan Chase
Bank, N.A., $100.0 million, and (iii) Citibank, N.A., $50.0 million. 
 “Revolving L/C Disbursement” shall mean a
payment or disbursement made by an Issuing Bank pursuant to a Revolving Letter of Credit, including, for the avoidance of doubt, a payment or disbursement made by an Issuing Bank pursuant to a Revolving Letter of Credit upon or following the
reinstatement of such Revolving Letter of Credit. 
 “Revolving L/C Exposure” shall mean at any time the sum of
(a) the aggregate undrawn amount of all Revolving Letters of Credit outstanding at such time and (b) the aggregate principal amount of all Revolving L/C Disbursements that have not yet been reimbursed at such time. The Revolving L/C
Exposure of any Revolving Facility Lender at any time shall mean its Revolving Facility Percentage of the aggregate Revolving L/C Exposure at such time. 

“Revolving L/C Participation Fees” shall have the meaning set forth in Section 2.12(b). 

“Revolving L/C Reimbursement Obligation” shall mean the Borrower’s obligation to repay Revolving L/C Disbursements as
provided in Sections 2.05(e) and (f). 
 “Revolving Letter of Credit” shall mean any letter of credit issued pursuant
to Section 2.05, including each Existing Letter of Credit. 
 “rights of way” shall have the meaning assigned to such
term in Section 3.17(b). 
 “Risk Management Policy” shall mean the risk management policy of Crestwood Equity
Partners as applied to the Borrower and its Subsidiaries by Crestwood Equity Partners pursuant to the terms of the Omnibus Agreement. 

“S&P” shall mean Standard & Poor’s Ratings Services, Inc., a division of The McGraw-Hill Companies, Inc.

  
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 “Sale and Lease-Back Transaction” shall have the meaning assigned to such term
in Section 6.03. 
 “SEC” shall mean the Securities and Exchange Commission or any successor thereto. 

“Secured Parties” shall have the meaning ascribed to such term in the Collateral Agreement and collectively shall mean all
such parties. 
 “Secured Cash Management Agreement” shall mean any Cash Management Agreement that is entered into by and
between any Loan Party and any Cash Management Bank. 
 “Secured Swap Agreement” shall mean any Swap Agreement permitted
under this Agreement that is entered into by and between the Borrower and any Specified Swap Counterparty. 
 “Securities
Act” shall mean the Securities Act of 1933, as amended. 
 “Security Documents” shall mean the Mortgages, the
Collateral Agreement and each of the security agreements and other instruments and documents executed and delivered pursuant to any of the foregoing, the Collateral and Guarantee Requirement or Section 5.10. 

“Specified Merger Agreement Representations” shall mean such of the representations and warranties relating to Existing CMLP
or any of its Subsidiaries in the Merger Agreement as are material to the interests of the Lenders, but only to the extent that the Borrower has the right to terminate its obligations under the Merger Agreement or the right to not consummate the
Merger as a result of a breach of such representations and warranties in the Merger Agreement. 
 “Specified Swap
Counterparty” shall mean any Person that, at the time it enters into a Swap Agreement, is a Lender, an Agent or a Joint Lead Arranger or an Affiliate of a Lender, an Agent or a Joint Lead Arranger. 

“Specified Representations” shall mean the representations and warranties set forth in Sections 3.01, 3.02(a), 3.02(b)(i)(A)
(solely to the extent such conflict has resulted in a Material Adverse Effect (as defined in the Merger Agreement)), 3.03, 3.09, 3.10, 3.18 and 3.22. 

“Sponsor” shall mean FRC Founders Corporation (formerly known as First Reserve Corporation). 

“Sponsor Affiliate” shall mean (i) each Affiliate of the Sponsor that is neither a portfolio company nor a company
controlled by a portfolio company and (ii) each general partner of the Sponsor or Sponsor Affiliate who is a partner or employee of FRC Founders Corporation. 

“Statutory Reserves” shall mean 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 and any other banking authority,
domestic or foreign, to which the Administrative Agent, any Lender or any Issuing Bank (including any branch, Affiliate or other fronting office making or holding a Loan or issuing a Revolving Letter of Credit) is subject for eurocurrency funding
(currently referred to as “Eurocurrency Liabilities” in Regulation D). 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 the Administrative Agent, any Lender or any Issuing Bank under such Regulation D or any comparable regulation. Statutory Reserves shall be adjusted automatically on and as of the
effective date of any change in any reserve percentage. 

  
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 “Subordinated Intercompany Debt” shall have the meaning assigned to such term in
Section 6.01(e). 
 “Subsidiary” shall mean, with respect to any Person (herein referred to as the
“parent”), any corporation, partnership, association, joint venture, limited liability company or other business entity of which securities or other ownership interests representing more than 50% of the equity or more than 50% of
the ordinary voting power or more than 50% of the general partnership interests are, at the time any determination is being made, directly or indirectly, owned, Controlled or held by such Person. Unless otherwise specified, all references herein to
a “Subsidiary” or to “Subsidiaries” shall refer to a Subsidiary or Subsidiaries of the Borrower. 
 “Subsidiary
Loan Party” shall mean each direct or indirect Wholly Owned Subsidiary of the Borrower that (a) (i) is a Domestic Subsidiary and (ii) is a Material Subsidiary, and in each case, is not an Excluded Subsidiary or a Subsidiary whose
guarantee of the Obligations is prohibited under Section 9.21 or (b) at the option of the Borrower executes and delivers the Collateral Agreement and otherwise satisfies the Collateral and Guarantee Requirement. 

“Supplemental Collateral Agent” shall have the meaning assigned to such term in Section 8.13(a). 

“Swap” shall mean any agreement, contract, or transaction that constitutes a “swap” within the meaning of section
1a(47) of the Commodity Exchange Act. 
 “Swap Agreement” shall mean any agreement with respect to any swap, forward,
future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or pricing indices or measures of
economic, financial or pricing risk or value or any similar transaction or any combination of these transactions, provided that no phantom stock or similar plan providing for payments only on account of services provided by current or former
directors, officers, employees or consultants of the Borrower or any of its Subsidiaries or any Parent Company of the Borrower shall be a Swap Agreement. 

“Swap Obligation” shall mean, with respect to any person, any obligation to pay or perform under any Swap. 

“Swingline Borrowing” shall mean a Borrowing comprised of Swingline Loans. 

“Swingline Borrowing Request” shall mean a request by the Borrower substantially in the form of Exhibit C-2. 
 “Swingline Commitment” shall mean, with respect to each
Swingline Lender, the commitment of such Swingline Lender to make Swingline Loans pursuant to Section 2.04. The aggregate amount of the Swingline Commitments on the Closing Date is $25.0 million. 

“Swingline Exposure” shall mean at any time the aggregate principal amount of all outstanding Swingline Borrowings at such
time. The Swingline Exposure of any Revolving Facility Lender at any time shall mean its Revolving Facility Percentage of the aggregate Swingline Exposure at such time. 

  
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 “Swingline Lender” shall mean Wells Fargo, in its capacity as a lender of
Swingline Loans, and/or any other Revolving Facility Lender designated as such by the Borrower after the Closing Date that is reasonably satisfactory to the Borrower and the Administrative Agent and executes a counterpart to this Agreement as a
Swingline Lender. 
 “Swingline Loans” shall mean the swingline loans made to the Borrower pursuant to Section 2.04.

 “Syndication Agents” shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

 “Taxes” shall mean any and all present or future taxes, levies, imposts, duties (including stamp duties), deductions,
charges (including ad valorem charges) or withholdings imposed by any Governmental Authority and any and all additions to tax, interest and penalties related thereto. 

“Test Period” shall mean, at any date of determination, the most recently completed four consecutive fiscal quarters of the
Borrower ending on or prior to such date. 
 “Transaction Documents” shall mean the Merger Documents and the Loan
Documents. 
 “Transactions” shall mean, collectively, the transactions to occur on, prior to or immediately after the
Closing Date pursuant to the Loan Documents, including (a) the consummation of the Merger; (b) the execution and delivery of the Loan Documents and the initial borrowings hereunder; (c) the Closing Date Refinancing; and (d) the
payment of all fees and expenses owing in connection with the foregoing. 
 “Trigger Date” shall mean the first date of
delivery of financial statements after the Closing Date pursuant to Section 5.04(a) or (b). 
 “Type,” when used in
respect of any Loan or Borrowing, shall refer to the Rate by reference to which interest on such Loan or on the Loans comprising such Borrowing is determined. For purposes hereof, the term “Rate” shall include the Adjusted
Eurodollar Rate and the Alternate Base Rate. 
 “UCC” shall mean (a) the Uniform Commercial Code as in effect in the
applicable jurisdiction and (b) certificate of title or other similar statutes relating to “rolling stock” or barges as in effect in the applicable jurisdiction. 

“Unrestricted Subsidiary” shall mean any Subsidiary of the Borrower designated by the board of directors of the Borrower as
an Unrestricted Subsidiary pursuant to Section 5.13 hereunder and any Subsidiary of an Unrestricted Subsidiary. 
 “U.S.
Bankruptcy Code” shall mean Title 11 of the United States Code, as amended, or any similar federal or state law for the relief of debtors. 

“U.S. Dollars” or “$” shall mean the lawful currency of the United States of America. 

“U.S.A. PATRIOT Act” shall have the meaning assigned to such term in Section 3.08(a). 

“Wells Fargo” shall have the meaning assigned to such term in the introductory paragraph to this Agreement. 

  
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 “Wholly Owned Subsidiary” of any Person shall mean a Subsidiary of such Person,
all of the Equity Interests of which (other than directors’ qualifying shares or nominee or other similar shares required pursuant to applicable law) are owned, directly or indirectly, by such Person or any other Wholly Owned Subsidiary of such
Person. 
 “Withdrawal Liability” shall mean liability to a Multiemployer Plan as a result of a complete or partial
withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA. 
 Section 1.02.
Terms Generally. The definitions set forth or referred to in Section 1.01 shall apply equally to both the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the
corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation.” All references herein to Articles,
Sections, Exhibits and Schedules shall be deemed references to Articles and Sections of, and Exhibits and Schedules to, this Agreement unless the context shall otherwise require. Except as otherwise expressly provided herein, any reference in this
Agreement to any Loan Document shall mean such document as amended, restated, supplemented or otherwise modified from time to time. Except as otherwise expressly provided herein, all financial statements to be delivered pursuant to this Agreement
shall be prepared in accordance with United States generally accepted accounting principles applied on a consistent basis (“GAAP”) and all terms of an accounting or financial nature shall be construed and interpreted in accordance
with GAAP, as in effect from time to time; provided that, if the Borrower notifies the Administrative Agent that the Borrower requests an amendment to any provision hereof to eliminate the effect of any change occurring after the Closing Date
in GAAP or in the application thereof on the operation of such provision (or if the Administrative Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such
notice is given before or after such change in GAAP or in the application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice
shall have been withdrawn or such provision amended in accordance herewith; provided further that, notwithstanding the foregoing, upon and following the acquisition of any business or new Subsidiary by the Borrower in accordance with this
Agreement, in each case that would not constitute a “significant subsidiary” for purposes of Regulation S-X, financial items and information with respect to such newly-acquired business or Subsidiary that are required to be included in
determining any financial calculations and other financial ratios contained herein for any period prior to such acquisition shall not be required to be in accordance with GAAP so long as the Borrower is able to reasonably estimate pro forma
adjustments in respect of such acquisition for such prior periods, and in each case such estimates are made in good faith and are factually supportable. 

Section 1.03. Effectuation of Transfers. Each of the representations and warranties of the Borrower contained in this
Agreement (and all corresponding definitions) are made after giving effect to the Transactions, unless the context otherwise requires. 

ARTICLE II 
 THE CREDITS 

Section 2.01. Commitments. Subject to the terms and conditions set forth herein, each Revolving Facility Lender agrees to
make Revolving Facility Loans, in each case from time to time during the Availability Period, comprised of Eurodollar Loans and ABR Loans to the Borrower in U.S. Dollars in an aggregate principal amount that will not result in (i) such
Lender’s Revolving Facility Credit Exposure exceeding such Lender’s Revolving Facility Commitment and (ii) the Revolving Facility Credit 

  
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Exposure exceeding the total Revolving Facility Commitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow
Revolving Facility Loans. The Revolving Facility shall be available as ABR Loans or Eurodollar Loans. 
 Section 2.02. Loans and
Borrowings. (a) Each Loan to the Borrower shall be made as part of a Borrowing consisting of Loans under the same Facility and of the same Type and in U.S. Dollars made by the Lenders ratably in accordance with their respective
Commitments under the applicable Facility (or, in the case of Swingline Loans, ratably in accordance with their respective Swingline Commitments); provided, however, that Revolving Facility Loans shall be made by the Revolving Facility
Lenders ratably in accordance with their respective Revolving Facility Percentages on the date such Loans are made hereunder. The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations
hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required. 

(b) Each Borrowing shall be comprised entirely of ABR Loans or Eurodollar Loans as the Borrower may request in accordance herewith. 

(c) At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an
integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum; provided that a Eurodollar Borrowing may be in an aggregate amount that is equal to the entire unused balance of the Revolving Facility Commitments or that
is required to finance the reimbursement of a Revolving L/C Disbursement as contemplated by Section 2.05(e). At the time that each ABR Borrowing by the Borrower is made, such Borrowing shall be in an aggregate amount that is an integral
multiple of the Borrowing Multiple and not less than the Borrowing Minimum; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the Revolving Facility Commitments or that is required to
finance the reimbursement of a Revolving L/C Disbursement as contemplated by Section 2.05(e). Each Swingline Borrowing by the Borrower shall be in an amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing
Minimum. Borrowings of more than one Type and under more than one Facility may be outstanding at the same time; provided that there shall not at any time be more than a total of (i) ten (10) Interest Periods in respect of Borrowings
outstanding under the Revolving Facility and (ii) five (5) Interest Periods in respect of Borrowings outstanding under all other Facilities. 

(d) Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue,
any Borrowing if the Interest Period requested with respect thereto would end after, in the case of Revolving Loans, the Revolving Facility Maturity Date and, in the case of Incremental Term Loans, the applicable Incremental Facility Maturity Date.

 Section 2.03. Requests for Borrowings. To request a Revolving Facility Borrowing and/or a Borrowing of Incremental Term
Loans, the Borrower shall notify the Administrative Agent of such request by telephone (i) in the case of a Borrowing consisting of Eurodollar Loans, not later than 11:00 a.m., Houston, Texas time, three (3) Business Days before the
date of the proposed Borrowing or (ii) in the case of a Borrowing consisting of ABR Loans, not later than 10:00 a.m., Houston, Texas time, on the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and
shall be confirmed promptly (but in any event on the same day) by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower. Each such telephonic
and written Borrowing Request shall specify the following information in compliance with Section 2.02: 
 (a) whether the requested
Borrowing is to be Revolving Facility Borrowing or a Borrowing of Incremental Term Loans; 

  
 42 

 (b) the aggregate amount of the requested Borrowing; 

(c) the date of such Borrowing, which shall be a Business Day; 

(d) whether such Borrowing is to be an ABR Borrowing or a Eurodollar Borrowing; 

(e) in the case of a Borrowing consisting of a Eurodollar Loan, the initial Interest Period to be applicable thereto; and 

(f) the location and number of the Borrower’s account to which funds are to be disbursed. 

If no election as to the Type of Borrowing is specified, then the requested Borrowing shall be an ABR Borrowing. If no Interest Period is
specified with respect to any requested Eurodollar Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration. Promptly following receipt of a Borrowing Request in accordance with this Section, the
Administrative Agent shall advise each Lender of the details thereof and of the amount of such Lender’s Loan to be made as part of the requested Borrowing. 

Section 2.04. Swingline Loans. (a) Subject to the terms and conditions set forth herein, each Swingline Lender agrees
to make Swingline Loans to the Borrower from time to time during the Availability Period in U.S. Dollars, in an aggregate principal amount at any time outstanding that will not result in (x) the aggregate principal amount of outstanding
Swingline Loans exceeding the Swingline Commitment, (y) the outstanding Swingline Loans of such Swingline Lender exceeding such Swingline Lender’s Swingline Commitments or (z) the Revolving Facility Credit Exposure exceeding the total
Revolving Facility Commitments; provided that no Swingline Lender shall be required to make a Swingline Loan to refinance an outstanding Swingline Borrowing. Within the foregoing limits and subject to the terms and conditions set forth
herein, the Borrower may borrow, prepay and reborrow Swingline Loans. All Swingline Loans shall be ABR Loans under this Agreement. 
 (b) To
request a Swingline Borrowing, the Borrower shall notify the Swingline Lenders of such request by telephone (confirmed by a Swingline Borrowing Request by telecopy) not later than 3:00 p.m., Houston, Texas time on the day of the proposed Swingline
Borrowing. Each such notice and Swingline Borrowing Request shall be irrevocable and shall specify (i) the requested date (which shall be a Business Day), (ii) the amount of the requested Swingline Borrowing, (iii) the term of such
Swingline Loan, and (iv) the location and number of the Borrower’s account to which funds are to be disbursed. Each Swingline Lender shall make each Swingline Loan to be made by it hereunder in accordance with Section 2.02(a) on the
proposed date thereof by wire transfer of immediately available funds by 4:00 p.m, Houston, Texas time, to the account of the Borrower (or, in the case of a Swingline Borrowing made to finance the reimbursement of a Revolving L/C Disbursement as
provided in Section 2.05(e), by remittance to the applicable Issuing Bank). 
 (c) A Swingline Lender may by written notice given to
the Administrative Agent (and to the other Swingline Lenders) not later than 12:00 noon, Houston, Texas time on any Business Day, require the Revolving Facility Lenders to acquire participations on such Business Day in all or a portion of the
outstanding Swingline Loans made by it. Such notice shall specify the aggregate amount of such Swingline Loans in which the Revolving Facility Lenders will participate. Promptly upon receipt of such 

  
 43 

 
notice, the Administrative Agent will give notice thereof to each such Lender, specifying in such notice such Lender’s Revolving Facility Percentage of such Swingline Loan or Loans. Each
Revolving Facility Lender hereby absolutely and unconditionally agrees, upon receipt of notice as provided above, to pay to the Administrative Agent for the account of the applicable Swingline Lender, such Revolving Facility Lender’s Revolving
Facility Percentage of such Swingline Loan or Loans. Each Revolving Facility Lender acknowledges and agrees that its respective obligation to acquire participations in Swingline Loans pursuant to this paragraph is absolute and unconditional and
shall not be affected by any circumstance whatsoever, including the occurrence and continuance of a Default or reduction or termination of the Commitments, and that each such payment shall be made without any offset, abatement, withholding or
reduction whatsoever. Each Revolving Facility Lender shall comply with its obligation under this paragraph by wire transfer of immediately available funds, in the same manner as provided in Section 2.06 with respect to Loans made by such
Revolving Facility Lender (and Section 2.06 shall apply, mutatis mutandis, to the payment obligations of the Lenders), and the Administrative Agent shall promptly pay to the applicable Swingline Lender the amounts so received by it from
the Revolving Facility Lenders. The Administrative Agent shall notify the Borrower of any participations in any Swingline Loan acquired pursuant to this paragraph (c), and thereafter payments by the Borrower in respect of such Swingline Loan
shall be made to the Administrative Agent and not to the applicable Swingline Lender. Any amounts received by a Swingline Lender from the Borrower (or any other party on behalf of the Borrower) in respect of a Swingline Loan after receipt by such
Swingline Lender of the proceeds of a sale of participations therein shall be remitted promptly to the Administrative Agent; any such amounts received by the Administrative Agent shall be remitted promptly by the Administrative Agent to the
Revolving Facility Lenders that shall have made their payments pursuant to this paragraph and to such Swingline Lender, as their interests may appear; provided that any such payment so remitted shall be repaid to such Swingline Lender or to
the Administrative Agent, as applicable, if and to the extent such payment is required to be refunded to the Borrower for any reason. The purchase of participations in a Swingline Loan pursuant to this paragraph shall not relieve the Borrower of any
default in the payment thereof. 
 Section 2.05. Revolving Letters of Credit. (a) General. From and after the
Closing Date, all Existing Letters of Credit will be deemed issued and outstanding under this Agreement and will be governed as if issued under this Agreement. Subject to the terms and conditions set forth herein, the Borrower may request the
issuance of Revolving Letters of Credit denominated in U.S. Dollars for its own account or on behalf of any other Loan Party in a form reasonably acceptable to the applicable Issuing Bank, at any time and from time to time during the Availability
Period and prior to the date that is five (5) Business Days prior to the Revolving Facility Maturity Date. In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of any form of letter
of credit application or other agreement submitted by the Borrower to, or entered into by the Borrower with, an Issuing Bank relating to any Revolving Letter of Credit, the terms and conditions of this Agreement shall control. 

(b) Notice of Issuance, Amendment, Renewal, Extension; Certain Conditions. To request the issuance of a Revolving Letter of Credit (or
the amendment, renewal (other than an automatic renewal in accordance with paragraph (c) of this Section) or extension of an outstanding Revolving Letter of Credit), the Borrower shall hand deliver or telecopy (or transmit by electronic
communication, if arrangements for doing so have been approved by the applicable Issuing Bank) to the applicable Issuing Bank and the Administrative Agent reasonably in advance of the requested date of issuance, amendment, renewal or extension, a
notice requesting the issuance of a Revolving Letter of Credit, or identifying the Revolving Letter of Credit to be amended, renewed or extended, and specifying the date of issuance, amendment, renewal or extension (which shall be a Business Day),
the date on which such Revolving Letter of Credit is to expire (which shall comply with paragraph (c) of this Section), the amount of such 

  
 44 

 
Revolving Letter of Credit, the name and address of the beneficiary thereof and such other information as shall be necessary to issue, amend, renew or extend such Revolving Letter of Credit. If
requested by the applicable Issuing Bank, the Borrower also shall submit a letter of credit application on such Issuing Bank’s standard form in connection with any request for a Revolving Letter of Credit. A Revolving Letter of Credit shall be
issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Revolving Letter of Credit the Borrower shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, renewal
or extension, (i) the Revolving Facility Credit Exposure shall not exceed the total Revolving Facility Commitments and (ii) the aggregate available amount of all Revolving Letters of Credit issued by any Issuing Bank shall not exceed such
Issuing Bank’s Revolving L/C Commitment. 
 (c) Expiration Date. Each Revolving Letter of Credit shall expire at or prior to the
close of business on the earlier of (A) unless the applicable Issuing Bank agrees to a later expiration date, the date one (1) year after the date of the issuance of such Revolving Letter of Credit (or, in the case of any renewal or
extension thereof, one year after such renewal or extension) and (B) the date that is five (5) Business Days prior to the Revolving Facility Maturity Date; provided that any Revolving Letter of Credit with a one-year tenor may
provide for the automatic renewal thereof for additional one-year periods (which, in no event, shall extend beyond the date referred to in clause (B) of this paragraph (c)). Notwithstanding the foregoing, the Borrower may request the
issuance of one or more Revolving Letters of Credit that expire at or prior to the close of business on the date that is five (5) Business Days prior to the Revolving Facility Maturity Date; provided that the Revolving L/C Exposure in respect
of Revolving Letters of Credit issued pursuant to this sentence shall not exceed $10.0 million. 
 (d) Participations. By the
issuance of a Revolving Letter of Credit (or an amendment to a Revolving Letter of Credit increasing the amount thereof) and without any further action on the part of the applicable Issuing Bank or the Revolving Facility Lenders, such Issuing Bank
hereby grants to each Revolving Facility Lender, and each Revolving Facility Lender hereby acquires from such Issuing Bank, a participation in such Revolving Letter of Credit equal to such Revolving Facility Lender’s Revolving Facility
Percentage of the aggregate amount available to be drawn under such Revolving Letter of Credit. In consideration and in furtherance of the foregoing, each Revolving Facility Lender hereby absolutely and unconditionally agrees to pay to the
Administrative Agent in U.S. Dollars such Revolving Facility Lender’s Revolving Facility Percentage of each Revolving L/C Disbursement made by such Issuing Bank not reimbursed by the Borrower on the date due as provided in paragraph (e) of
this Section, or of any reimbursement payment required to be refunded to the Borrower for any reason. Each Revolving Facility Lender acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in respect of
Revolving Letters of Credit is absolute and unconditional and shall not be affected by any circumstance whatsoever, including any amendment, renewal or extension of any Revolving Letter of Credit or the occurrence and continuance of a Default or
Event of Default or reduction or termination of the Commitments, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever. 

(e) Reimbursement. If the applicable Issuing Bank shall make any Revolving L/C Disbursement in respect of a Revolving Letter of Credit,
the Borrower shall reimburse such Revolving L/C Disbursement by paying to the Administrative Agent an amount equal to such Revolving L/C Disbursement in U.S. Dollars, not later than 12:00 noon, Houston, Texas time, on the Business Day immediately
following the date the Borrower receives notice under paragraph (g) of this Section of such Revolving L/C Disbursement; provided that the Borrower may, subject to the conditions to borrowing set forth herein, request in accordance with
Section 2.03 that such payment be financed with an ABR Loan, a Eurodollar Loan or a Swingline Borrowing in an equivalent amount, and, in each case to the extent so financed, the Borrower’s obligation to make such payment shall be
discharged and replaced by the 

  
 45 

 
resulting Loan or Borrowing, as applicable; provided that in the case of any Eurodollar Loan, such request must be made three Business Days prior to such refinancing in accordance with
Section 2.03. If the Borrower fails to reimburse any Revolving L/C Disbursement when due, then the Administrative Agent shall promptly notify the applicable Issuing Bank and each other Revolving Facility Lender of the applicable Revolving L/C
Disbursement, the payment then due from the Borrower and, in the case of a Revolving Facility Lender, such Lender’s Revolving Facility Percentage thereof. Promptly following receipt of such notice, each Revolving Facility Lender shall pay to
the Administrative Agent in U.S. Dollars its Revolving Facility Percentage of the payment then due from the Borrower, in the same manner as provided in Section 2.06 with respect to Loans made by such Lender (and Section 2.06 shall apply,
mutatis mutandis, to the payment obligations of the Revolving Facility Lenders), and the Administrative Agent shall promptly pay to the applicable Issuing Bank in U.S. Dollars the amounts so received by it from the Revolving Facility Lenders.
Promptly following receipt by the Administrative Agent of any payment from the Borrower pursuant to this paragraph, the Administrative Agent shall distribute such payment to the applicable Issuing Bank or, to the extent that Revolving Facility
Lenders have made payments pursuant to this paragraph to reimburse such Issuing Bank, then to such Lenders and such Issuing Bank as their interests may appear. Any payment made by a Revolving Facility Lender pursuant to this paragraph to reimburse
an Issuing Bank for any Revolving L/C Disbursement (other than the funding of an ABR Loan, a Eurodollar Loan, or a Swingline Borrowing as contemplated above) shall not constitute a Loan and shall not relieve the Borrower of its obligation to
reimburse such Revolving L/C Disbursement. 
 (f) Obligations Absolute. The obligation of the Borrower to reimburse Revolving L/C
Disbursements as provided in paragraph (e) of this Section shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement under any and all circumstances whatsoever and
irrespective of (i) any lack of validity or enforceability of any Revolving Letter of Credit or this Agreement, or any term or provision therein, (ii) any draft or other document presented under a Revolving Letter of Credit proving to be
forged, fraudulent or invalid in any respect or any statement therein being untrue or inaccurate in any respect, (iii) payment by the applicable Issuing Bank under a Revolving Letter of Credit against presentation of a draft or other document
that does not strictly comply with the terms of such Revolving Letter of Credit or (iv) any other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions of this Section, constitute a
legal or equitable discharge of, or provide a right of setoff against, the Borrower’s obligations hereunder; provided that, in each case, payment by the Issuing Bank shall not have constituted gross negligence or willful misconduct.
Neither the Administrative Agent, the Lenders nor any Issuing Bank, nor any of their Related Parties, shall have any liability or responsibility by reason of or in connection with the issuance or transfer of any Revolving Letter of Credit or any
payment or failure to make any payment thereunder (irrespective of any of the circumstances referred to in the preceding sentence), or any error, omission, interruption, loss or delay in transmission or delivery of any draft, notice or other
communication under or relating to any Revolving Letter of Credit (including any document required to make a drawing thereunder), any error in interpretation of technical terms or any consequence arising from causes beyond the control of such
Issuing Bank; provided that the foregoing shall not be construed to excuse the applicable Issuing Bank from liability to the Borrower to the extent of any direct damages (as opposed to consequential damages, claims in respect of which are
hereby waived by the Borrower to the extent permitted by applicable law) suffered by the Borrower that are determined by a court having jurisdiction to have been caused by (A) such Issuing Bank’s failure to exercise reasonable care when
determining whether drafts and other documents presented under a Revolving Letter of Credit comply with the terms thereof or (B) such Issuing Bank’s refusal to issue a Revolving Letter of Credit in accordance with the terms of this
Agreement. The parties hereto expressly agree that, in the absence of gross negligence or willful misconduct on the part of the applicable Issuing Bank, such Issuing Bank shall be deemed to have exercised reasonable care in each such determination
and each 

  
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refusal to issue a Revolving Letter of Credit. In furtherance of the foregoing and without limiting the generality thereof, the parties agree that, with respect to documents presented which
appear on their face to be in substantial compliance with the terms of a Revolving Letter of Credit, the applicable Issuing Bank may, in its sole discretion, either accept and make payment upon such documents without responsibility for further
investigation, regardless of any notice or information to the contrary, or refuse to accept and make payment upon such documents if such documents are not in strict compliance with the terms of such Revolving Letter of Credit. 

(g) Disbursement Procedures. The applicable Issuing Bank shall, promptly following its receipt thereof, examine all documents
purporting to represent a demand for payment under a Revolving Letter of Credit. Such Issuing Bank shall promptly notify the Administrative Agent and the Borrower by telephone (confirmed by telecopy) of such demand for payment and whether such
Issuing Bank has made or will make a Revolving L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse such Issuing Bank and the Revolving
Facility Lenders with respect to any such Revolving L/C Disbursement. 
 (h) Interim Interest. If an Issuing Bank shall make any
Revolving L/C Disbursement, then, unless the Borrower shall reimburse such Revolving L/C Disbursement in full on the date such Revolving L/C Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the
date such Revolving L/C Disbursement is made to but excluding the date that the Borrower reimburses such Revolving L/C Disbursement, at the rate per annum equal to the rate per annum then applicable to ABR Loans; provided that, if such
Revolving L/C Disbursement is not reimbursed by the Borrower when due pursuant to paragraph (e) of this Section, then Section 2.13(c) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable
Issuing Bank, except that interest accrued on and after the date of payment by any Revolving Facility Lender pursuant to paragraph (e) of this Section to reimburse such Issuing Bank shall be for the account of such Revolving Facility Lender to
the extent of such payment. 
 (i) Replacement of an Issuing Bank. An Issuing Bank may be replaced at any time by written agreement
among the Borrower, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Bank. At the time any such replacement shall become
effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.12. From and after the effective date of any such replacement, (i) the successor Issuing Bank shall have all the
rights and obligations of the replaced Issuing Bank under this Agreement with respect to Revolving Letters of Credit to be issued thereafter and (ii) references herein to the term “Issuing Bank” shall be deemed to refer to such
successor or to any previous Issuing Bank, or to such successor and all previous Issuing Banks, as the context shall require. After the replacement of an Issuing Bank hereunder, the replaced Issuing Bank shall remain a party hereto and shall
continue to have all the rights and obligations of such Issuing Bank under this Agreement with respect to Revolving Letters of Credit issued by it prior to such replacement but shall not be required to issue additional Revolving Letters of Credit.

 (j) Cash Collateralization. If any Event of Default shall occur and be continuing, (i) in the case of an Event of Default
described in Section 7.01(h) or 7.01(i), as provided in the following proviso or (ii) in the case of any other Event of Default, on the third Business Day following the date on which the Borrower receives notice from the Administrative
Agent (or, if the maturity of the Loans has been accelerated, Revolving Facility Lenders with Revolving L/C Exposure representing greater than 50% of the total Revolving L/C Exposure) demanding the deposit of cash collateral pursuant to this
paragraph, the Borrower shall deposit in an account with the Administrative Agent (or an account in the name of the Administrative Agent with another institution designated by the Administrative Agent), in the name of the

  
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Administrative Agent and for the benefit of the Lenders, an amount in cash in U.S. Dollars equal to the Revolving L/C Exposure in respect of the Borrower as of such date plus any accrued and
unpaid interest thereon; provided that, upon the occurrence of any Event of Default with respect to the Borrower described in clause (h) or (i) of Section 7.01, the obligation to deposit such cash collateral shall become
effective immediately, and such deposit shall become immediately due and payable in U.S. Dollars, without demand or other notice of any kind. The Borrower also shall deposit cash collateral pursuant to this paragraph as and to the extent required by
Section 2.11(b). Each such deposit pursuant to this paragraph or pursuant to Section 2.11(b) shall be held by the Administrative Agent as collateral for the payment and performance of the obligations of the Borrower under this Agreement.
The Administrative Agent shall control, including the exclusive right of withdrawal, such account. Other than any interest earned on the investment of such deposits, which investments shall be made at the option and sole discretion of (A) for
so long as an Event of Default shall be continuing, the Administrative Agent and (B) at any other time, the Borrower, in each case, in term deposits constituting Permitted Investments and at the risk and expense of the Borrower, such deposits
shall not bear interest. Interest or profits, if any, on such investments shall accumulate in such account. Moneys in such account shall be applied by the Administrative Agent to reimburse each Issuing Bank for Revolving L/C Disbursements for which
such Issuing Bank has not been reimbursed and, to the extent not so applied, shall be held for the satisfaction of the Revolving L/C Reimbursement Obligations of the Borrower for the Revolving L/C Exposure at such time or, if the maturity of the
Loans to the Borrower has been accelerated (but subject to the consent of Revolving Facility Lenders with Revolving L/C Exposure representing greater than 50% of the total Revolving L/C Exposure), be applied to satisfy other obligations of the
Borrower under this Agreement. If the Borrower is required to provide an amount of cash collateral hereunder as a result of the occurrence of an Event of Default, such amount (to the extent not applied as aforesaid) shall be returned to the Borrower
within three (3) Business Days after all Events of Default have been cured or waived. If the Borrower is required to provide an amount of cash collateral hereunder pursuant to Section 2.11(b), such amount together with interest thereon (to
the extent not applied as aforesaid) shall be returned to the Borrower as and to the extent that, after giving effect to such return, the Borrower would remain in compliance with Section 2.11(b) and no Event of Default shall have occurred and
be continuing. 
 (k) Additional Issuing Banks. From time to time, the Borrower may by notice to the Administrative Agent designate
up to four Lenders that agree (in their sole discretion) to act in such capacity and are reasonably satisfactory to the Administrative Agent as Issuing Banks. Each such additional Issuing Bank shall execute a counterpart of this Agreement upon the
approval of the Administrative Agent (which approval shall not be unreasonably withheld) and shall thereafter be an Issuing Bank hereunder for all purposes. 

(l) Reporting. Each Issuing Bank shall (i) provide to the Administrative Agent copies of any notice received from the Borrower
pursuant to Section 2.05(b) no later than the next Business Day after receipt thereof, (ii) provide the Administrative Agent with a copy of the Revolving Letter of Credit, or the amendment, renewal or extension of the Revolving Letter of
Credit, as applicable, on the Business Day on which such Issuing Bank issues, amends, renews or extends any Revolving Letter of Credit, (iii) on each Business Day on which such Issuing Bank makes any Revolving L/C Disbursement, advise the
Administrative Agent of the date of such Revolving L/C Disbursement and the amount of such Revolving L/C Disbursement and (iv) on any other Business Day, furnish the Administrative Agent with such other information as the Administrative Agent
shall reasonably request. If requested by any Lender, the Administrative Agent shall provide copies to such Lender of the documents referred to in clause (ii) of the preceding sentence. 

Section 2.06. Funding of Borrowings. (a) Each Lender shall make each Loan to be made by it to the Borrower hereunder
on the proposed date thereof by wire transfer of immediately 

  
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available funds by 1:00 p.m., Houston, Texas time (or, in the case of Incremental Term Loans, such other time as shall be agreed to by the Incremental Term Lenders), to the account of the
Administrative Agent most recently designated by it for such purpose by notice to the Lenders; provided that Swingline Loans shall be made as provided in Section 2.04. The Administrative Agent will make such Loans available to the
Borrower by promptly crediting the amounts so received, in like funds, to such account of the Borrower as is designated by the Borrower in the Borrowing Request; provided that ABR Loans and Swingline Borrowings made to finance the
reimbursement of a Revolving L/C Disbursement and reimbursements as provided in Section 2.05(e) shall be remitted by the Administrative Agent to the applicable Issuing Bank. 

(b) 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 Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance with paragraph (a) of this Section 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 Administrative Agent, then the applicable Lender and the
Borrower severally agree to pay to the Administrative Agent forthwith on demand (without duplication) 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 Administrative Agent, at (i) in the case of such Lender, the greater of the Federal Funds Effective Rate and a rate reasonably determined by the Administrative Agent in accordance with banking industry rules
on interbank compensation or (ii) in the case of the Borrower, the interest rate applicable to ABR Loans. If such Lender pays such amount to the Administrative Agent, then such amount shall constitute such Lender’s Loan included in such
Borrowing. 
 Section 2.07. Interest Elections. (a) Each Borrowing initially shall be of the Type specified in the
applicable Borrowing Request and, in the case of a Eurodollar Borrowing, shall have an initial Interest Period as specified in such Borrowing Request. Thereafter, the Borrower may elect to convert such Borrowing to a different Type or to continue
such Borrowing and, in the case of a Eurodollar Borrowing, may elect Interest Periods therefor, all as provided in this Section. The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case
each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing. This Section shall not apply to Swingline Borrowings,
which may not be converted or continued. 
 (b) To make an election pursuant to this Section, the Borrower shall notify the Administrative
Agent of such election by telephone by the time that a Borrowing Request would be required under Section 2.03 if the Borrower were requesting a Borrowing of the Type resulting from such election to be made on the effective date of such
election. Each such telephonic Interest Election Request shall be irrevocable and shall be confirmed promptly (but in any event on the same day) by hand delivery or telecopy to the Administrative Agent of a written Interest Election Request in a
form approved by the Administrative Agent and signed by the Borrower. 
 (c) Each telephonic and written Interest Election Request shall
specify the following information in compliance with Section 2.02: 
 (i) the Borrowing to which such Interest Election
Request applies and, if different options are being elected with respect to different portions thereof, the portions thereof to be allocated to each resulting Borrowing (in which case the information to be specified pursuant to clauses (iii)
and (iv) below shall be specified for each resulting Borrowing); 

  
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 (ii) the effective date of the election made pursuant to such Interest Election
Request, which shall be a Business Day; 
 (iii) whether the resulting Borrowing is to be an ABR Borrowing or a Eurodollar
Borrowing; and 
 (iv) if the resulting Borrowing is a Eurodollar Borrowing, the Interest Period to be applicable thereto
after giving effect to such election. 
 If any such Interest Election Request made by the Borrower requests a Eurodollar Borrowing but does not specify an
Interest Period, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration. 
 (d) Promptly
following receipt of an Interest Election Request, the Administrative Agent shall advise each Lender to which such Interest Election Request relates of the details thereof and of such Lender’s portion of each resulting Borrowing. 

(e) If the Borrower fails to deliver a timely Interest Election Request with respect to one of its Eurodollar Borrowings prior to the end of
the Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of such Interest Period, the Borrower shall be deemed to have converted such Borrowing to an ABR Borrowing. Notwithstanding any contrary
provision hereof, if an Event of Default has occurred and is continuing and the Administrative Agent, at the written request (including a request through electronic means) of the Required Lenders (unless such Event of Default is an Event of Default
under Section 7.01(h) or (i), in which case no such request shall be required), so notifies the Borrower, then, so long as an Event of Default is continuing, (i) no outstanding Borrowing may be converted to or continued as a Eurodollar
Borrowing and (ii) unless repaid, each Eurodollar Borrowing shall be converted to an ABR Borrowing at the end of the Interest Period applicable thereto. 

Section 2.08. Termination and Reduction of Commitments. (a) Unless previously terminated, the Revolving
Facility Commitments shall terminate on the Revolving Facility Maturity Date. 
 (b) The Borrower may at any time terminate, or from time to
time reduce, the Revolving Facility Commitments; provided that (i) each reduction of the Revolving Facility Commitments shall be in an amount that is an integral multiple of $500,000 and not less than $3.0 million (or, if less, the
remaining amount of the Revolving Facility Commitments), and (ii) the Borrower shall not terminate or reduce the Revolving Facility Commitments if, after giving effect to any concurrent prepayment of the Revolving Facility Loans by the Borrower
in accordance with Section 2.11, the Revolving Facility Credit Exposure would exceed the total Revolving Facility Commitments. 

(c) The Borrower shall notify the Administrative Agent of any election to terminate or reduce the Revolving Facility Commitments under
paragraph (b) of this Section at least three (3) Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any notice, the
Administrative Agent shall advise the applicable Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a notice of termination of the Revolving Facility Commitments
delivered by the Borrower may state that such notice is conditioned upon the effectiveness of other credit facilities, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified
effective date) if such condition is not satisfied. Any termination or reduction of the Revolving Facility Commitments shall be permanent. Each reduction of the Revolving Facility Commitments shall be made ratably among the Lenders in accordance
with their respective Revolving Facility Commitments. 

  
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 Section 2.09. Repayment of Loans; Evidence of Debt. (a) The
Borrower hereby unconditionally promises to pay (i) to the Administrative Agent for the account of each Revolving Facility Lender the then unpaid principal amount of each Revolving Facility Loan on the Revolving Facility Maturity Date and
(ii) to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Revolving Facility Maturity Date and the first date after such Swingline Loan is made that is the 15th or last day of a calendar month
and is at least seven Business Days after such Swingline Loan is made; provided that on each date that a Revolving Facility Borrowing (other than a Borrowing that is required to finance the reimbursement of a Revolving L/C Disbursement as
contemplated by Section 2.05(e)) is made, the Borrower shall repay all Swingline Loans then outstanding. 
 (b) 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, including the amounts of principal and interest payable and paid to such
Lender from time to time hereunder. 
 (c) The Administrative Agent shall maintain accounts in which it shall record (i) the amount of
each Loan made hereunder, the Facility and the Type thereof and the Interest Period (if any) applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable to each Lender hereunder, and
(iii) any amount received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof. 

(d) The entries made in the accounts maintained pursuant to paragraph (b) or (c) of this Section shall be prima facie evidence
absent manifest error of the existence and amounts of the obligations recorded therein; provided that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the
obligation of the Borrower to repay the Loans made in accordance with the terms of this Agreement. 
 (e) Any Lender may request that Loans
made by it be evidenced by a promissory note substantially in the form of Exhibit G-1 or Exhibit G-2, as applicable. In such event, the Borrower shall prepare, execute and deliver to such Lender a promissory note payable to such
Lender (or, if requested by such Lender, to such Lender and its registered assigns) and in a form approved by the Administrative Agent. Thereafter, the Loans evidenced by such promissory note and interest thereon shall at all times (including, to
the extent requested by any assignee, after assignment pursuant to Section 9.04) be represented by one or more promissory notes in such form payable to the payee named therein (or, if such promissory note is a registered note, to such payee and
its registered assigns). 
 Section 2.10. Repayment of Loans. (a) To the extent not previously paid, all Revolving
Facility Loans shall be due and payable on the Revolving Facility Maturity Date, and all Incremental Term Loans shall be due and payable as and when set forth in the joinder agreement with respect thereto and, to the extent not previously paid, all
Incremental Term Loans shall be due and payable on the Incremental Maturity Date applicable to such Incremental Term Loans. 
 (b) (x) All
Net Proceeds pursuant to Section 2.11(c) shall be applied (i) first, ratably among the Incremental Term Lenders, in each case to prepay Incremental Term Loans in direct order of maturity to all amortization payments in respect of
the Incremental Term Loans due in the immediately succeeding 24 month period from the date of such prepayment, and if any such Net Proceeds remain after 

  
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such payment, then on a pro rata basis to the remaining amortization payments in respect of the Incremental Term Loans, (ii) second, if any excess Net Proceeds remain after prepaying
all Incremental Term Loans then outstanding, applied ratably among the Swingline Lenders to prepay any outstanding Swingline Loans, and (iii) third, if any excess remains after prepaying all Swingline Loans then outstanding, applied
ratably among the Revolving Lenders to prepay any Revolving Facility Loans then outstanding and (y) any optional prepayments of the Revolving Facility Loans or the Incremental Term Loans pursuant to Section 2.11(a) shall be applied ratably
among the relevant Lenders under the Revolving Facility Loans or the Incremental Term Loans, as applicable, as directed by the Borrower. 

(c) Prior to any repayment of any Borrowing, the Borrower shall select the Borrowing or Borrowings to be repaid and shall notify the
Administrative Agent by telephone (confirmed by telecopy) of such selection not later than 11:00 a.m., Houston, Texas time, (i) in the case of an ABR Borrowing, on the date of such repayment and (ii) in the case of a Eurodollar Borrowing,
three Business Days before the scheduled date of such repayment. Each repayment of a Borrowing (x) in the case of the Revolving Facility, shall be applied to the Revolving Facility Loans included in the repaid Borrowing such that each Revolving
Facility Lender receives its ratable share of such repayment (based upon the respective Revolving Facility Credit Exposures of the Revolving Facility Lenders at the time of such repayment) and (y) in all other cases, shall be applied ratably to
the Loans included in the repaid Borrowing. Notwithstanding anything to the contrary in the immediately preceding sentence, prior to any repayment of a Swingline Borrowing hereunder, the Borrower shall select the Borrowing or Borrowings to be repaid
and shall notify the Administrative Agent by telephone (confirmed by telecopy) of such selection not later than 4:00 p.m., Houston, Texas time, on the scheduled date of such repayment. 

Section 2.11. Prepayment of Loans. (a) The Borrower shall have the right at any time and from time to time to prepay
Revolving Facility Loans in whole or in part, without premium or penalty (but subject to Section 2.16), in an aggregate principal amount that is an integral multiple of the Borrowing Multiple and not less than $1.0 million or, if less, the
amount outstanding, subject to prior notice in the form of Exhibit B hereto provided in accordance with Section 2.10(c). The Borrower shall have the right to prepay Incremental Term Loans as set forth in the applicable joinder agreement in
respect of such Incremental Term Loans. 
 (b) If on any date, the Administrative Agent notifies the Borrower that the Revolving Facility
Credit Exposure exceeds the aggregate Revolving Facility Commitments of the Lenders on such date, the Borrower shall, as soon as practicable and in any event within two Business Days following such date, prepay the outstanding principal amount of
any Revolving Facility Loans (and, to the extent after giving effect to such prepayment, the Revolving Facility Credit Exposure still exceeds the aggregate Revolving Facility Commitments of the Lenders, deposit cash collateral in an account with the
Administrative Agent (or an account in the name of the Administrative Agent with another institution designated by the Administrative Agent) pursuant to Section 2.05(j)) such that the aggregate amount so prepaid by the Borrower and cash
collateral so deposited in an account with the Administrative Agent (or an account in the name of the Administrative Agent with another institution designated by the Administrative Agent) pursuant to Section 2.05(j)) shall be sufficient to
reduce such sum to an amount not to exceed the aggregate Revolving Facility Commitments of the Lenders on such date together with any interest accrued to the date of such prepayment on the aggregate principal amount of Revolving Facility Loans
prepaid. The Administrative Agent shall give prompt notice of any prepayment required under this Section 2.11(b) to the Borrower and the Lenders. 

(c) The Borrower shall apply all Net Proceeds received by it or its Restricted Subsidiaries upon (and in any event within three Business Days
of) receipt thereof to prepay any Incremental Term Loans and/or Revolving Facility Borrowings in accordance with paragraphs (b) and (c) of Section 2.10. 

  
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 (d) The Borrower shall notify the Administrative Agent in writing of any mandatory prepayment of
Loans required to be made by the Borrower pursuant to paragraph (c) of this Section 2.11 at least five (5) Business Days prior to the date of such prepayment. Each such notice shall specify the date of such prepayment and provide a
reasonably detailed calculation of the amount of such prepayment. The Administrative Agent will promptly notify each Lender of the contents of the Borrower’s prepayment notice and of such Lender’s pro rata share of the prepayment. 

(e) In the event of any termination of all the Revolving Facility Commitments, the Borrower shall, on the date of such termination, repay or
prepay all its outstanding Revolving Facility Loans and all its outstanding Swingline Loans and terminate all its outstanding Revolving Letters of Credit and/or cash collateralize such Revolving Letters of Credit in accordance with
Section 2.05(j). If as a result of any partial reduction of the Revolving Facility Commitments, the aggregate Revolving Facility Exposure would exceed the aggregate Revolving Facility Commitments of all Revolving Facility Lenders after giving
effect thereto, then the Borrower shall, on the date of such reduction, repay or prepay Revolving Facility Loans or Swingline Loans (or a combination thereof) and/or cash collateralize Revolving Letters of Credit in an amount sufficient to eliminate
such excess. 
 Section 2.12. Fees. (a) The Borrower agrees to pay to each Lender, without duplication of any other
amounts paid to such Lender (other than any Defaulting Lender), through the Administrative Agent, three Business Days after the last day of March, June, September and December in each year, and on the date on which the Revolving Facility
Commitments of all the Lenders shall be terminated as provided herein, a commitment fee (a “Commitment Fee”) on the daily amount of the Available Unused Commitment of such Lender during the preceding quarter up until the last day of
such quarter (or other period commencing with the Closing Date (or the last date on which such fee was paid) and ending with the last day of such quarter or the Revolving Facility Maturity Date or the date on which the last of the Commitments of
such Lender shall be terminated, as applicable) at the Applicable Rate. 
 All Commitment Fees shall be computed on the basis of the actual
number of days elapsed in a year of 360 days. For the purpose of calculating any Lender’s Commitment Fee, the outstanding Swingline Loans during the period for which such Lender’s Commitment Fee is calculated shall be deemed to be zero.
The Commitment Fee due to each Lender shall begin to accrue on the Closing Date and shall cease to accrue on the date on which the last of the Commitments of such Lender shall be terminated as provided herein. 

(b) The Borrower from time to time agrees to pay to each Revolving Facility Lender (other than any Defaulting Lender), through the
Administrative Agent, three Business Days after the last day of March, June, September and December of each year and on the date on which the Revolving Facility Commitments of all the Lenders shall be terminated as provided herein, a fee
(a “Revolving L/C Participation Fee”) on such Lender’s Revolving Facility Percentage of the daily aggregate Revolving L/C Exposure (excluding the portion thereof attributable to unreimbursed Revolving L/C Disbursements), during
the preceding quarter (or shorter period commencing with the Closing Date (or the last date on which such fee was paid) and ending with the last day of such quarter or the Revolving Facility Maturity Date or the date on which the Revolving Facility
Commitments shall be terminated, as applicable) at the rate per annum equal to the Applicable Rate for Eurodollar Revolving Facility Borrowings effective for each day in such period. 

  
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 (c) The Borrower from time to time agrees to pay to each Issuing Bank, for its own account,
(x) on the last Business Day of March, June, September and December of each year and on the date on which the Revolving Facility Commitments of all the Lenders shall terminate as provided herein, a fronting fee in an amount equal to
0.25% per annum of the daily average stated amount of such Revolving Letter of Credit, in respect of each Revolving Letter of Credit issued by such Issuing Bank for the period from and including the date of issuance of such Revolving Letter of
Credit to and including the termination of such Revolving Letter of Credit, plus (y) in connection with the issuance, amendment or transfer of any such Revolving Letter of Credit or any Revolving L/C Disbursement thereunder, such Issuing
Bank’s customary documentary and processing charges (collectively, “Issuing Bank Fees”). All Revolving L/C Participation Fees and Issuing Bank Fees that are payable on a per annum basis shall be computed on the basis of the
actual number of days elapsed in a year of 360 days. 
 (d) The Borrower agrees to pay to the Administrative Agent, for the account of the
Administrative Agent, the administrative fee set forth in the Administrative Agent Fee Letter or such other administrative fee as agreed between the Borrower and the Administrative Agent in writing (such fees, the “Administrative Agent
Fees”) and to pay all other fees due and payable under the second paragraph of the Fee Letter; provided that to the extent the Facilities hereunder are terminated, repaid or refinanced prior to the Revolving Facility Maturity Date
and any Incremental Maturity Date, the Administrative Agent shall give the Borrower an appropriate credit for Administrative Agent Fees paid for time periods beyond such termination, repayment or refinancing date. 

(e) All Fees shall be paid on the dates due, in immediately available funds, to the Administrative Agent for distribution, if and as
appropriate, among the Lenders, except that Issuing Bank Fees shall be paid directly to the applicable Issuing Banks. Once paid, none of the Fees shall be refundable under any circumstances. 

Section 2.13. Interest. (a) The Borrower shall pay interest on the unpaid principal amount of each ABR Loan (including
each Swingline Loan) at the Alternate Base Rate plus the Applicable Rate. 
 (b) The Borrower shall pay interest on the unpaid principal
amount of each Eurodollar Loan at the Adjusted Eurodollar Rate for the Interest Period in effect for such Eurodollar Loan plus the Applicable Rate. 

(c) Notwithstanding the foregoing, if any principal of or interest on any Loan or any Fees or other amount payable by the Borrower hereunder
is not paid when due, whether at stated maturity, upon acceleration or otherwise, the Borrower shall pay interest on such overdue amount, after as well as before judgment, at a rate per annum equal to (x) in the case of overdue principal of any
Loan, 2.00% plus the rate otherwise applicable to such Loan as provided in the preceding paragraphs of this Section or (y) in the case of any other amount, 2.00% plus the rate applicable to ABR Loans with respect to the Revolving Facility in
paragraph (a) of this Section; provided that this paragraph (c) shall not apply to any Default or Event of Default that has been waived by the Lenders pursuant to Section 9.08. 

(d) Accrued interest on each Loan shall be payable by the Borrower in arrears on each Interest Payment Date for such Loan, and in the case of
(i) Revolving Facility Loans, upon termination of the Revolving Facility Commitments and (ii) Incremental Term Loans, on the applicable Incremental Maturity Date; provided that (x) interest accrued pursuant to
paragraph (c) of this Section shall be payable on demand, (y) in the event of any repayment or prepayment of any Loan (other than a prepayment of an ABR Loan), accrued interest on the principal amount repaid or prepaid shall be payable on
the date of such repayment or prepayment and (z) in the event of any conversion of any Eurodollar Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such
conversion. 

  
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 (e) All computations of interest shall be made by the Administrative Agent taking into account
the actual number of days occurring in the period for which such interest is payable pursuant to this Section, and (i) if based on the Alternate Base Rate (if based on the Prime Rate), a year of 365 days or 366 days, as the case may be; or
(ii) otherwise, on the basis of a year of 360 days. 
 Section 2.14. Alternate Rate of Interest. If prior to the
commencement of any Interest Period for a Eurodollar Borrowing: 
 (a) the Administrative Agent determines (which determination shall be
conclusive absent manifest error) that adequate and reasonable means do not exist for ascertaining the Adjusted Eurodollar Rate for such Interest Period; or 

(b) the Administrative Agent is advised by the Required Lenders or the Majority Lenders under the Revolving Facility or any Facility of
Incremental Term Loans that the Eurodollar Rate for such Interest Period will not adequately and fairly reflect the cost to such Lenders of making or maintaining their Loans included in such Borrowing for such Interest Period; then the
Administrative Agent shall give written notice thereof to the Borrower and the Lenders as promptly as practicable thereafter and, until the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice
no longer exist, (x) any Interest Election Request that requests the conversion of any Borrowing to, or continuation of any Borrowing as, a Eurodollar Borrowing shall be ineffective and such Borrowing shall be converted to an ABR Borrowing on
the last day of the Interest Period applicable thereto, and (y) if any Borrowing Request requests a Eurodollar Borrowing, such Borrowing shall be made as an ABR Borrowing or shall be made as a Borrowing bearing interest at such rate as the
Required Lenders or the Majority Lenders under the Revolving Facility or any Facility of Incremental Term Loans shall agree adequately reflects the costs to the Revolving Facility Lenders of making the Loans comprising such Borrowing. 

Section 2.15. Increased Costs. (a) If any Change in Law shall: 

(i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, FDIC insurance or similar requirement against assets
of, deposits with or for the account of, or credit extended by, any Lender (except any such reserve requirement reflected in the Adjusted Eurodollar Rate) or Issuing Bank; or 

(ii) impose on any Lender or Issuing Bank or the London interbank market any tax, costs, expenses or other condition affecting this
Agreement or Loans made by such Lender or any Revolving Letter of Credit or participation therein (including a condition similar to the events described in clause (i) above in the form of a tax, cost or expense) (except in each case
(A) for Indemnified Taxes indemnified pursuant to Section 2.17 and Excluded Taxes and (B) for changes in the rate of tax on the overall rate of net income of such Lender); 

and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Loan (or of maintaining its obligation to
make any such Loan) to the Borrower or to increase the cost to such Lender or Issuing Bank of participating in, issuing or maintaining any Revolving Letter of Credit or to reduce the amount of any sum received or receivable by such Lender or Issuing
Bank hereunder (whether of principal, interest or otherwise) (except in each case (A) for Indemnified Taxes indemnified pursuant to Section 2.17 and Excluded Taxes and (B) for changes in the rate of tax on

  
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the overall rate of net income of such Lender), then the Borrower will pay to such Lender or Issuing Bank, as applicable, such additional amount or amounts as will compensate such Lender or
Issuing Bank, as applicable, for such additional costs incurred or reduction suffered in connection therewith (but only to the extent the applicable Lender is imposing such charges or additional amounts on other similarly situated borrowers under
credit facilities comparable to the Facilities). 
 (b) If any Lender or Issuing Bank determines that any Change in Law regarding liquidity
or capital requirements has or would have the effect of reducing the rate of return on such Lender’s or Issuing Bank’s capital or on the capital of such Lender’s or Issuing Bank’s holding company, if any, as a consequence of this
Agreement or any of the Loans made by, or participations in Letters of Credit held by, such Lender, or the Letters of Credit issued by such Issuing Bank or as a consequence of the Commitments to make any of the foregoing, to a level below that which
such Lender or such Issuing Bank or such Lender’s or such Issuing Bank’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or such Issuing Bank’s policies and the policies of
such Lender’s or such Issuing Bank’s holding company with respect to capital adequacy), then from time to time the Borrower shall pay to such Lender or such Issuing Bank, as applicable, such additional amount or amounts as will compensate
such Lender or such Issuing Bank or such Lender’s or such Issuing Bank’s holding company for any such reduction suffered in connection therewith (but only to the extent the applicable Lender is imposing such charges or additional amounts
on other similarly situated borrowers under credit facilities comparable to the Facilities). 
 (c) A certificate of a Lender or an Issuing
Bank setting forth the amount or amounts necessary to compensate such Lender or Issuing Bank or its holding company, as applicable, as specified in paragraph (a) or (b) of this Section shall be delivered to the Borrower and shall be
conclusive absent manifest error. The Borrower shall pay such Lender or Issuing Bank, as applicable, the amount shown as due on any such certificate within 10 days after receipt thereof. 

(d) Promptly after any Lender or any Issuing Bank has determined that it will make a request for increased compensation pursuant to this
Section 2.15, such Lender or Issuing Bank shall notify the Borrower thereof. Failure or delay on the part of any Lender or Issuing Bank to demand compensation pursuant to this Section shall not constitute a waiver of such Lender’s or
Issuing Bank’s right to demand such compensation; provided that the Borrower shall not be required to compensate a Lender or an Issuing Bank pursuant to this Section for any increased costs or reductions incurred more than 180 days prior
to the date that such Lender or Issuing Bank, as applicable, notifies the Borrower of the Change in Law giving rise to such increased costs or reductions and of such Lender’s or Issuing Bank’s intention to claim compensation therefor;
provided further that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof. 

Section 2.16. Break Funding Payments. In the event of (a) the payment of any principal of any Eurodollar Loan other than on
the last day of an Interest Period applicable thereto (including as a result of an Event of Default), (b) the conversion of any Eurodollar Loan other than on the last day of the Interest Period applicable thereto, (c) the failure to
borrow, convert, continue or prepay any Eurodollar Loan on the date specified in any notice delivered pursuant hereto or (d) the assignment of any Eurodollar Loan other than on the last day of the Interest Period applicable thereto as a result
of a request by the Borrower pursuant to Section 2.19, then, in any such event, the Borrower shall compensate each Lender for the loss, cost and expense attributable to such event. In the case of a Eurodollar Loan, such loss, cost or expense to
any Lender shall be deemed to be the amount determined by such Lender to be the excess, if any, of (i) the amount of interest which would have accrued on the principal amount of such Loan had such event not occurred, at the Eurodollar Rate that
would have been applicable to such Loan, 

  
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for the period from the date of such event to the last day of the then current Interest Period therefor (or, in the case of a failure to borrow, convert or continue a Eurodollar Loan, for the
period that would have been the Interest Period for such Loan), over (ii) the amount of interest which would accrue on such principal amount for such period at the interest rate which such Lender would bid were it to bid, at the
commencement of such period, for deposits in U.S. Dollars of a comparable amount and period from other banks in the Eurodollar market. A certificate of any Lender setting forth any amount or amounts that such Lender is entitled to receive pursuant
to this Section shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount shown as due on any such certificate within 10 days after receipt thereof. 

Section 2.17. Taxes. (a) Any and all payments by or on account of any obligation of any Loan Party under any Loan Document
shall be made free and clear of and without deduction for any Indemnified Taxes or Other Taxes; provided that if a Loan Party, the Administrative Agent or any other Person acting on behalf of the Administrative Agent in regards to payments
hereunder shall be required to deduct Indemnified Taxes or Other Taxes from such payments, then (i) the sum payable by the Loan Party shall be increased as necessary so that after making all required deductions (including deductions applicable
to additional sums payable under this Section) the Administrative Agent, Lender, or Issuing Bank, as applicable, receives an amount equal to the sum it would have received had no such deductions for Indemnified Taxes and Other Taxes been made,
(ii) such Loan Party, if required to deduct any such Taxes, shall make such deductions and (iii) such Loan Party, if required to deduct any such Taxes, shall timely pay the full amount deducted to the relevant Governmental Authority in
accordance with applicable law. 
 (b) In addition, each Loan Party shall pay any Other Taxes payable on account of any obligation of such
Loan Party and upon the execution, delivery or enforcement of, or otherwise with respect to, the Loan Documents, to the relevant Governmental Authority in accordance with applicable law. 

(c) Each Loan Party shall indemnify the Administrative Agent, each Lender and each Issuing Bank, within 30 days after written demand therefor,
for the full amount of any Indemnified Taxes or Other Taxes (other than Indemnified Taxes or Other Taxes resulting from gross negligence or willful misconduct of the Administrative Agent, such Lender or such Issuing Bank) without duplication of any
amounts indemnified under Section 2.17(a)) paid by the Administrative Agent or such Lender or Issuing Bank, as applicable, on or with respect to any payment by or on account of any obligation of such Loan Party under, or otherwise with respect
to, any Loan Document (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section) and any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified
Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority; provided that a certificate as to the amount of such payment or liability and setting forth in reasonable detail the basis and
calculation for such payment or liability delivered to such Loan Party by a Lender or an Issuing Bank, or by the Administrative Agent on its own behalf or on behalf of a Lender or an Issuing Bank, shall be conclusive absent manifest error of the
Lender, the Issuing Bank or the Administrative Agent, as applicable. 
 (d) As soon as practicable after any payment of Indemnified Taxes or
Other Taxes by a Loan Party to a Governmental Authority, such Loan Party shall deliver to the Administrative 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 Administrative Agent. 

  
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 (e) Each Lender or Issuing Bank that is not a “United States Person” as defined in
Section 7701(a)(30) of the Code (a “Non-U.S. Lender”) shall, to the extent it may lawfully do so, deliver to the Borrower and the Administrative Agent two copies of U.S. Internal Revenue Service Form W-8BEN (claiming the
benefits of an applicable income tax treaty), W-8EXP, W-8IMY (together with any required attachments) or Form W-8ECI, or, in the case of a Non-U.S. Lender claiming exemption from U.S. federal withholding tax under Section 871(h) or 881(c) of
the Code with respect to payments of “portfolio interest”, a statement substantially in the form of Exhibit H and a Form W-8BEN, or any subsequent versions thereof or successors thereto, properly completed and duly executed by
such Non-U.S. Lender (with any other required forms attached) claiming complete exemption from or a reduced rate of U.S. federal withholding tax on all payments by the Borrower under this Agreement and the other Loan Documents. Each Lender or
Issuing Bank that is not a Non-U.S. Lender shall, to the extent it may lawfully do so, deliver to the Borrower and the Administrative Agent two copies of U.S. Internal Revenue Service Form W-9, properly completed and duly executed by such Lender or
Issuing Bank, claiming complete exemption (or otherwise establishing an exemption) from U.S. backup withholding on all payments under this Agreement and the other Loan Documents. Such forms shall be delivered by each Lender or Issuing Bank, to the
extent it may lawfully do so, on or before the date it becomes a party to this Agreement (or, in the case of any Participant, on or before the date such Participant purchases the related participation). In addition, each Lender or Issuing Bank, to
the extent it may lawfully do so, shall deliver such forms promptly upon the obsolescence or invalidity of any form previously delivered by such Lender or Issuing Bank. Each Lender or Issuing Bank shall promptly notify the Borrower and the
Administrative Agent at any time it determines that it is no longer in a position to provide any previously delivered certificate to the Borrower or the Administrative Agent (or any other form of certification adopted by the U.S. taxing authorities
for such purpose). Without limiting the foregoing, any Lender or Issuing Bank that is entitled to an exemption from or reduction of withholding Tax otherwise indemnified against by a Loan Party pursuant to this Section 2.17 with respect to
payments under any Loan Document shall deliver to the Borrower or the relevant Governmental Authority (with a copy to the Administrative Agent), to the extent such Lender or Issuing Bank is legally entitled to do so, at the time or times prescribed
by applicable law such properly completed and executed documentation prescribed by applicable law as may reasonably be requested by the Borrower or the Administrative Agent to permit such payments to be made without such withholding tax or at a
reduced rate; provided that in such Lender’s or Issuing Bank’s judgment such completion, execution or submission would not materially prejudice such Lender or Issuing Bank. 

(f) If the Administrative Agent, Lender or Issuing Bank determines, in good faith and in its sole discretion, that it has received a refund of
Indemnified Taxes or Other Taxes as to which it has been indemnified by a Loan Party or with respect to which a Loan Party has paid additional amounts pursuant to this Section 2.17, it shall pay over such refund to such Loan Party (but only to
the extent of indemnity payments made, or additional amounts paid, by such Loan Party under this Section 2.17 with respect to the Indemnified Taxes or Other Taxes giving rise to such refund), net of all out-of-pocket expenses of the
Administrative Agent, Lender or Issuing Bank (including any Taxes imposed with respect to such refund) as is determined by the Administrative Agent, Lender or Issuing Bank in good faith and in its sole discretion, and without interest (other than
any interest paid by the relevant Governmental Authority with respect to such refund); provided that such Loan Party, upon the request of the Administrative Agent, Lender or Issuing Bank, agrees to repay as soon as reasonably practicable the
amount paid over to such Loan Party (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) to the Administrative Agent, Lender or Issuing Bank in the event such Administrative Agent, Lender or Issuing Bank is
required to repay such refund to such Governmental Authority. This paragraph shall not be construed to require the Administrative Agent, Lender or Issuing Bank to make available its Tax returns (or any other information relating to its Taxes which
it deems confidential) to the Loan Parties or any other Person. 

  
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 (g) 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 Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the Administrative 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 Administrative Agent as may be necessary for the Borrower and the Administrative 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 (g), “FATCA” shall include any
amendments made to FATCA after the date of this Agreement. 
 Section 2.18. Payments Generally; Pro Rata Treatment; Sharing of
Set-offs. (a) Unless otherwise specified, the Borrower shall make each payment required to be made by it hereunder (whether of principal, interest, fees or reimbursement of Revolving L/C Disbursements, or of amounts payable under
Section 2.15, 2.16 or 2.17, or otherwise) prior to 2:00 p.m., New York City time, on the date when due, in immediately available funds, without condition or deduction for any defense, recoupment, set-off or counterclaim. Any amounts received
after such time on any date may, in the discretion of the Administrative Agent, be deemed to have been received on the next succeeding Business Day for purposes of calculating interest thereon. All such payments shall be made to the Administrative
Agent to the applicable account designated to the Borrower by the Administrative Agent, except payments to be made directly to the applicable Issuing Bank or the applicable Swingline Lender as expressly provided herein and except that payments
pursuant to Sections 2.15, 2.16, 2.17 and 9.05 shall be made directly to the Persons entitled thereto. The Administrative Agent shall distribute any such payments received by it for the account of any other Person to the appropriate recipient
promptly following receipt thereof. If any payment hereunder shall be due on a day that is not a Business Day, the date for payment shall be extended to the next succeeding Business Day, and, in the case of any payment accruing interest, interest
thereon shall be payable for the period of such extension. All payments hereunder of (i) principal or interest in respect of any Loan or (ii) Revolving L/C Reimbursement Obligations shall in each case be made in U.S. Dollars. All payments
of other amounts due hereunder or under any other Loan Document shall be made in U.S. Dollars. Any payment required to be made by the Administrative Agent hereunder shall be deemed to have been made by the time required if the Administrative Agent
shall, at or before such time, have taken the necessary steps to make such payment in accordance with the regulations or operating procedures of the clearing or settlement system used by the Administrative Agent to make such payment. 

(b) If at any time insufficient funds are received by and available to the Administrative Agent from the Borrower to pay fully all amounts of
principal, unreimbursed Revolving L/C Disbursements, interest and fees then due from the Borrower hereunder, such funds shall be applied (i) first, towards payment of interest and fees then due from the Borrower hereunder, ratably among
the parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, and (ii) second, towards payment of principal and unreimbursed Revolving L/C Disbursements then due from the Borrower hereunder,
ratably among the parties entitled thereto in accordance with the amounts of principal and unreimbursed Revolving L/C Disbursements then due to such parties. 

(c) If any Lender shall, by exercising any right of set-off or counterclaim, through the application of any proceeds of Collateral or
otherwise, obtain payment in respect of any principal of or interest on any of its Revolving Facility Loans or Incremental Term Loans or participations in Revolving L/C Disbursements or Swingline Loans resulting in such Lender receiving payment of a
greater 

  
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proportion of the aggregate amount of its Revolving Facility Loans or Incremental Term Loans and participations in Revolving L/C Disbursements and Swingline Loans and accrued interest thereon
than the proportion received by any other Lender, then the Lender receiving such greater proportion shall purchase (for cash at face value) participations in Revolving Facility Loans or Incremental Term Loans and participations in Revolving L/C
Disbursements and Swingline Loans of other Lenders to the extent necessary so that the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of principal of and accrued interest on their
respective Revolving Facility Loans or Incremental Term Loans and participations in Revolving L/C Disbursements and Swingline Loans; provided that (i) if any such participations are purchased and all or any portion of the payment giving
rise thereto is recovered, such participations shall be rescinded and the purchase price restored to the extent of such recovery, without interest, and (ii) the provisions of this paragraph (c) shall not be construed to apply to any
payment made by the Borrower pursuant to and in accordance with the express terms of this Agreement or any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or participations in
Revolving L/C Disbursements to any assignee or participant, other than to the Borrower or any Loan Party (as to which the provisions of this paragraph (c) shall apply). The Borrower consents to the foregoing and agrees, to the extent it may
effectively do so under applicable law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against the Borrower rights of set-off and counterclaim with respect to such participation as fully as if such
Lender were a direct creditor of the Borrower in the amount of such participation. 
 (d) Unless the Administrative Agent shall have
received notice from the Borrower prior to the date on which any payment by the Borrower is due to the Administrative Agent for the account of the Lenders or the applicable Issuing Bank hereunder that the Borrower will not make such payment, the
Administrative Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders or the applicable Issuing Bank, as applicable, the amount due. In such
event, if the Borrower has not in fact made such payment, then each of the Lenders or the applicable Issuing Bank, as applicable, severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such Lender or
Issuing Bank with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the greater of the Federal Funds Effective Rate and a rate determined
by the Administrative Agent in accordance with banking industry rules on interbank compensation. 
 (e) If any Lender shall fail to make any
payment required to be made by it pursuant to Section 2.04(c), 2.05(d) or (e), 2.06(b) or 2.18(d), then the Administrative Agent may, in its discretion (notwithstanding any contrary provision hereof), apply any amounts thereafter received by
the Administrative Agent for the account of such Lender to satisfy such Lender’s obligations under such Sections until all such unsatisfied obligations are fully paid. 

Section 2.19. Mitigation Obligations; Replacement of Lenders. (a) If any Lender requests compensation under
Section 2.15, or if any Loan Party is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, then such Lender shall use reasonable efforts to designate a
different lending office 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 reasonable judgment of such Lender, such designation or assignment
(i) would eliminate or reduce amounts payable pursuant to Section 2.15 or 2.17, as applicable, in the future and (ii) would not subject such Lender to any material unreimbursed cost or expense and would not otherwise be
disadvantageous to such Lender in any material respect. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment. 

  
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 (b) If any Lender requests compensation under Section 2.15, or if any Loan Party is required
to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.17, or is a Defaulting Lender, then such Loan Party may, at its sole expense and effort, upon notice to such Lender and
the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in Section 9.04, all its interests, rights and obligations under this Agreement to an assignee
that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided that (i) such Loan Party shall have received the prior written consent of the Administrative Agent and, solely in
the case of an assignment of Revolving Facility Commitments and/or Revolving Facility Loans, each Issuing Bank and each Swingline Lender, which consent shall not unreasonably be withheld, (ii) such Lender shall have received payment of an
amount equal to the outstanding principal of its Loans and participations in Revolving L/C Disbursements and Swingline Loans, accrued interest thereon, accrued fees and all other amounts payable to it hereunder, from the assignee (to the extent of
such outstanding principal and accrued interest and fees) or such Loan Party (in the case of all other amounts) and (iii) in the case of any such assignment resulting from a claim for compensation under Section 2.15 or payments required to
be made pursuant to Section 2.17, such assignment will result in a reduction in such compensation or payments. Nothing in this Section 2.19 shall be deemed to prejudice any rights that any Loan Party may have against any Lender that is a
Defaulting Lender. 
 (c) If any Lender (such Lender, a “Non-Consenting Lender”) has failed to consent to a proposed
amendment, waiver, discharge or termination which pursuant to the terms of Section 9.08 requires the consent of all of the Lenders affected and with respect to which the Required Lenders shall have granted their consent, then provided no Event
of Default then exists, the Borrower shall have the right (unless such Non-Consenting Lender grants such consent) to replace such Non-Consenting Lender by requiring such Non-Consenting Lender to assign its Loans and Commitments hereunder to one or
more assignees reasonably acceptable to the Administrative Agent and, solely in the case of an assignment of Revolving Facility Commitments and/or Revolving Facility Loans, each Issuing Bank and each Swingline Lender, provided that:
(i) all Obligations of the Borrower owing to such Non-Consenting Lender being replaced shall be paid in full to such Non-Consenting Lender concurrently with such assignment, and (ii) the replacement Lender shall purchase the foregoing by
paying to such Non-Consenting Lender a price equal to the principal amount thereof plus accrued and unpaid interest thereon. In connection with any such assignment the Borrower, Administrative Agent, such Non-Consenting Lender and the replacement
Lender shall otherwise comply with Section 9.04. Each Lender agrees that if the Borrower exercises its option hereunder to cause an assignment by such Lender as a Non-Consenting Lender, such Lender shall, promptly after receipt of written
notice of such election, execute and deliver all documentation necessary to effectuate such assignment in accordance with Section 9.04. In the event that a Lender does not comply with the requirements of the immediately preceding sentence
within three Business Days after receipt of such notice, each Lender hereby authorizes and directs Administrative Agent to execute and deliver such documentation as may be required to give effect to an assignment in accordance with Section 9.04
on behalf of a Non-Consenting Lender and any such documentation so executed by Administrative Agent shall be effective for purposes of documenting an assignment pursuant to Section 9.04. 

Section 2.20. Increase in Revolving Facility Commitments; Incremental Term Loan Commitments. (a) Incremental
Commitments. At any time following the earlier of (x) completion of the syndication of the Revolving Loan Facility (as reasonably determined by the Administrative Agent) and (y) 90 days after the Closing Date and prior to the Revolving
Facility Maturity Date, the Borrower may 

  
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from time to time by written notice to the Administrative Agent elect to request an increase to the existing Revolving Facility Commitments (any such increase, the “Incremental Revolving
Facility Commitments”) and/or may request that commitments be made in respect of term loans (the “Incremental Term Facility Commitments” and together with the Incremental Revolving Facility Commitments, if any, the
“Incremental Commitments”), in an aggregate principal amount, collectively, not to exceed $250.0 million, or, in each case, a lesser amount in integral multiples of $5.0 million. Such notice shall specify the date (an
“Increased Amount Date”) on which the Borrower proposes that the Incremental Commitments, and in the case of Incremental Term Facility Commitments, the date the Incremental Term Loans, shall be made available, which shall be a date
not less than 5 Business Days (or such lesser number of days as may be agreed to by the Administrative Agent in its sole discretion) after the date on which such notice is delivered to the Administrative Agent. The Borrower shall notify the
Administrative Agent in writing of the identity of each Revolving Facility Lender or other financial institution (which in any event shall not be the Borrower or an Affiliate of the Borrower) reasonably acceptable to the Administrative Agent, and in
the case of any Person committing to any Incremental Revolving Facility Commitment, reasonably acceptable to the Issuing Banks and the Swingline Lenders (each, an “Incremental Revolving Facility Lender,” an “Incremental Term
Lender”, or generally, an “Incremental Lender”, as applicable) to whom the Incremental Commitments have been (in accordance with the prior sentence) allocated and the amounts of such allocations; provided that any
Lender approached to provide all or a portion of the Incremental Commitments may elect or decline, in its sole discretion, to provide an Incremental Commitment. Such Incremental Commitments shall become effective as of such Increased Amount Date,
and in the case of Incremental Term Facility Commitments, such new Loans in respect thereof (“Incremental Term Loans”) shall be made on such Increased Amount Date; provided that (i) no Default or Event of Default shall
exist on such Increased Amount Date before or after giving effect to such Incremental Commitments and Incremental Term Loans; (ii) the representations and warranties contained in Article III and the other Loan Documents shall be true and
correct in all material respects on and as of the Increased Amount Date, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they shall have been true and correct in all material
respects as of such earlier date; (iii) the Borrower and its Restricted Subsidiaries shall be in compliance, on a Pro Forma Basis after giving effect to such Incremental Commitments (assuming the Revolving Facility Commitments, including any
Incremental Revolving Facility Commitments, are fully drawn) and Incremental Term Loans, with the Financial Performance Covenants recomputed as at the last day of the most recently ended fiscal quarter of the Borrower and its Restricted
Subsidiaries; (iv) such increase in the Incremental Commitments shall be evidenced by one or more joinder agreements executed and delivered to Administrative Agent by each Incremental Lender, as applicable, and each shall be recorded in the
register, each of which shall be reasonably satisfactory to the Administrative Agent and subject to the requirements set forth in Section 2.17(e); (v) the Borrower shall make any payments required pursuant to Section 2.16 in
connection with the provisions of the Incremental Commitments; and (vi) the Borrower and its Affiliates shall not be permitted to commit to or participate in any Incremental Commitments or make any Incremental Term Loans. Each of the parties
hereto hereby agrees that, upon the effectiveness of any joinder agreements in connection with any Incremental Commitments as described in the preceding sentence, this Agreement shall be deemed amended to the extent (but only to the extent)
necessary to reflect the existence and terms of the Incremental Commitments and the Incremental Term Loans evidenced thereby, and the Administrative Agent and the Borrower may revise this Agreement to evidence such amendments without the consent of
any Lender. 
 (b) On any Increased Amount Date on which Incremental Revolving Facility Commitments are effected, subject to the
satisfaction of the foregoing terms and conditions, (i) each of the existing Revolving Facility Lenders shall assign to each of the Incremental Revolving Facility Lenders, and each of the Incremental Revolving Facility Lenders shall purchase
from each of the existing 

  
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Revolving Facility Lenders, at the principal amount thereof, such interests in the outstanding Revolving Facility Loans and participations in Revolving Letters of Credit and Swingline Loans
outstanding on such Increased Amount Date that will result in, after giving effect to all such assignments and purchases, such Revolving Facility Loans and participations in Revolving Letters of Credit and Swingline Loans being held by existing
Revolving Facility Lenders and Incremental Revolving Facility Lenders ratably in accordance with their Revolving Facility Commitments after giving effect to the addition of such Incremental Revolving Facility Commitments to the Revolving Facility
Commitments, (ii) each Incremental Revolving Facility Commitment shall be deemed for all purposes a Revolving Facility Commitment and each Loan made thereunder shall be deemed, for all purposes, a Revolving Facility Loan and have the same terms
as any existing Revolving Facility Loan and (iii) each Incremental Revolving Facility Lender shall become a Lender with respect to the Revolving Facility Commitments and all matters relating thereto. 

(c) Subject to the satisfaction of the foregoing terms and conditions, any loans made in respect of any Incremental Term Loan Commitment shall
be made as a new tranche of term loans (an “Additional Term Loan Tranche”) or as part of an existing Additional Term Loan Tranche previously incurred pursuant to this Section 2.20; provided that (x) any Additional
Term Loan Tranche shall not mature prior to the Revolving Facility Maturity Date and the Additional Term Loan Tranche shall include such scheduled amortization provisions as determined by the Borrower and the Incremental Term Lenders committing to
such Additional Term Loan Tranche, (y) the interest rates applicable to such Additional Term Loan Tranche shall be determined by the Borrower and the Incremental Term Lenders and (z) the Additional Term Loan Tranche shall be on terms and
pursuant to documentation to be determined by the Borrower and the Incremental Term Lenders, provided that to the extent such terms and documentation are not consistent with the Revolving Facility, except to the extent provided by sub-clauses
(x) and (y) above and except to the extent necessary to reflect inherent differences between term loan facilities and revolving credit facilities, they shall be reasonably satisfactory to the Administrative Agent. 

(d) All Incremental Term Loans made on any Increased Amount Date will be made in accordance with the procedures set forth in
Section 2.03. 
 (e) The Administrative Agent shall notify the Lenders promptly upon receipt of the Borrower’s notice of an
Increased Amount Date and, in respect thereof, the Incremental Commitments and the Incremental Lenders. 
 (f) As a condition precedent to
the Borrower’s incurrence of additional Indebtedness pursuant to this Section 2.20, (i) the Borrower shall, and shall cause each Loan Party to, enter into, and deliver to the Administrative Agent and the Collateral Agent,
reaffirmations of the guarantees and the security interests and Liens granted by the Loan Parties under the Collateral Documents in a form reasonably satisfactory to the Administrative Agent and the Collateral Agent and (ii) with respect to any
Mortgaged Property, the Borrower shall, and shall cause each Loan Party to, enter into, and deliver to the Administrative Agent and the Collateral Agent, upon the reasonable request of the Administrative Agent and/or the Collateral Agent
(x) mortgage modifications or new Mortgages with respect to any Mortgaged Property in each case in proper form for recording in the relevant jurisdiction and in a form reasonably satisfactory to the Administrative Agent and the Collateral Agent
and (y) all other items reasonably requested by the Collateral Agent that are reasonably necessary to maintain the continuing perfection or priority of the Lien of the Mortgages as security for such Obligations. 

Section 2.21. Illegality. If any Lender reasonably determines that any Change in Law has made it unlawful, or that any
Governmental Authority has asserted after the Closing Date that it is 

  
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unlawful, for any Lender or its applicable lending office to make or maintain any Eurodollar Loans, then, on notice thereof by such Lender to the Borrower through the Administrative Agent, any
obligations of such Lender to make or continue Eurodollar Loans or to convert ABR Borrowings to Eurodollar Borrowings, as the case may be, shall be suspended until such Lender notifies the Administrative Agent and the Borrower that the circumstances
giving rise to such determination no longer exist. Upon receipt of such notice, the Borrower shall, upon demand from such Lender (with a copy to the Administrative Agent), convert all such Eurodollar Borrowings of such Lender to ABR Borrowings on
the last day of the Interest Period therefor, if such Lender may lawfully continue to maintain such Eurodollar Borrowings to such day, or immediately, if such Lender may not lawfully continue to maintain such Loans. Upon any such prepayment or
conversion, the Borrower shall also pay accrued interest on the amount so prepaid or converted. 
 Section 2.22. Defaulting
Lenders. Notwithstanding any provision of this Agreement to the contrary, if any Lender becomes a Defaulting Lender, then the following provisions shall apply for so long as such Lender is a Defaulting Lender: 

(a) fees shall cease to accrue on the unfunded portion of the Commitments of such Defaulting Lender pursuant to Section 2.12(a); 

(b) the aggregate principal amount of Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of such Defaulting
Lender shall not be included in determining whether all Lenders, Required Lenders, Majority Lenders or affected Lenders have taken or may take any action hereunder (including any consent to any amendment or waiver pursuant to Section 9.08);
provided that (i) any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender which affects such Defaulting Lender differently than other affected Lenders shall require the consent of such
Defaulting Lender, (ii) the Commitment of such Defaulting Lender may not be increased or extended without the consent of such Defaulting Lender and (iii) any amendment that reduces the principal amount of, rate of interest on, or the final
maturity of, any Loan made by such Defaulting Lender, shall require the consent of such Defaulting Lender; 
 (c) if any Swingline Exposure
or Revolving L/C Exposure exists at the time a Lender becomes a Defaulting Lender then: 
 (i) all or any part of such Swingline Exposure or
Revolving L/C Exposure shall be reallocated among the non-Defaulting Lenders in accordance with their respective Revolving Facility Percentages but only to the extent (x) such reallocation does not cause the aggregate Revolving Facility Credit
Exposure of any non-Defaulting Lender to exceed such non-Defaulting Lender’s Revolving Facility Commitment and (y) the conditions set forth in Section 4.01 are satisfied at such time; and 

(ii) if the reallocation described in clause (i) above cannot, or can only partially, be effected, the Borrower shall within five
Business Days following notice by the Administrative Agent (x) first, prepay such Swingline Exposure and (y) second, cash collateralize such Defaulting Lender’s Revolving L/C Exposure (after giving effect to any partial reallocation
pursuant to clause (i) above) in accordance with the procedures set forth in Section 2.05(j) for so long as such Revolving L/C Exposure is outstanding; 

(iii) if the Borrower cash collateralizes any portion of such Defaulting Lender’s Revolving L/C Exposure pursuant to
Section 2.22(c)(ii)(y), the Borrower shall not be required to pay any fees to such Defaulting Lender pursuant to Section 2.12 with respect to such Defaulting Lender’s Revolving L/C Exposure during the period such Defaulting
Lender’s Revolving L/C Exposure is cash collateralized; 

  
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 (iv) if the Swingline Exposure or Revolving L/C Exposure of the non-Defaulting Lenders is
reallocated pursuant to Section 2.22(c)(i), then the fees payable to the Lenders pursuant to Section 2.12 shall be adjusted in accordance with such non-Defaulting Lenders’ Revolving Facility Percentage; and 

(v) if any Defaulting Lender’s Revolving L/C Exposure is neither cash collateralized nor reallocated pursuant to Section 2.22(c)(i)
or (ii), then, without prejudice to any rights or remedies of the Issuing Bank or any Lender hereunder, all facility fees that otherwise would have been payable to such Defaulting Lender (solely with respect to the portion of such Defaulting
Lender’s Revolving L/C Commitment that was utilized by such Revolving L/C Exposure) and all Revolving L/C Participation Fees payable under Section 2.12(b) with respect to such Defaulting Lender’s Revolving L/C Exposure shall be
payable to the applicable Issuing Bank until such Revolving L/C exposure is cash collateralized and / or reallocated; 
 (d) so long as any
Lender is a Defaulting Lender, no Swingline Lender shall be required to fund any Swingline Loan and no Issuing Bank shall be required to issue, amend or increase any Revolving Letter of Credit, unless it is satisfied that the related exposure will
be 100% covered by the Revolving Facility Commitments of the non-Defaulting Lenders or cash collateral will be provided by the Borrower in accordance with Section 2.22(c), and participating interests in any such newly issued or increased
Revolving Letter of Credit or newly made Swingline Loan shall be allocated among non-Defaulting Lenders in a manner consistent with Section 2.22(c)(i) (and Defaulting Lenders shall not participate therein); and 

(e) Any payment of principal, interest, fees or other amounts received by the Administrative Agent for the account of such Defaulting Lender
shall be applied at such time or times as may be determined by the Administrative Agent as follows: (i) first, to the payment of any amounts owing by such Defaulting Lender to the Administrative Agent hereunder, (ii) second,
to the payment on a pro rata basis of any amounts owing by such Defaulting Lender to any Issuing Bank or Swingline Lender, (iii) third, as the Borrower may request (so long as no Default or Event of Default exists), to the funding of any
Loan in respect of which that Defaulting Lender has failed to fund its portion thereof as required by this Agreement, (iv) fourth, if so determined by the Administrative Agent or requested by an Issuing Bank or Swingline Lender, held in
such account as cash collateral for future funding obligations of the Defaulting Lender in respect of any existing or future participating interest in any Swingline Loan or Revolving Letter of Credit, (v) fifth, to the payment of any
amounts owing to the Lenders or an Issuing Bank or Swingline Lender as a result of any judgment of a court of competent jurisdiction obtained by any Lender or such Issuing Bank or Swingline Lender against such Defaulting Lender as a result of such
Defaulting Lender’s breach of its obligations under this Agreement, (vi) sixth, so long as no Default or Event of 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 that Defaulting Lender as a result of that Defaulting Lender’s breach of its obligations under this Agreement and (vii) seventh, to such Defaulting Lender or as otherwise
directed by a court of competent jurisdiction, provided, with respect to this clause (vii), that if such payment is (x) a prepayment of the principal amount of any Loans in respect of which a Defaulting Lender has funded its
participation obligations and (y) made at a time when the conditions set forth in Section 2.11 are satisfied, such payment shall be applied solely to prepay the Loans of, and reimbursement obligations owed to, all non-Defaulting Lenders
pro rata prior to being applied to the prepayment of any Loans, or reimbursement obligations owed to, any Defaulting Lender. 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 or to post cash collateral pursuant to Section 2.05(j) shall be deemed paid to and redirected by that Defaulting Lender, and each Lender irrevocably consents hereto. 

  
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 (f) In the event that the Administrative Agent, the Borrower, each Issuing Bank and each
Swingline Lender each agrees that a Defaulting Lender has adequately remedied all matters that caused such Lender to be a Defaulting Lender, then the Swingline Exposure and Revolving L/C Exposure of the Lenders shall be readjusted to reflect the
inclusion of such Lender’s Revolving Facility Commitment and on such date such Lender shall purchase at par such of the Loans of the other Lenders (other than Swingline Loans) as the Administrative Agent shall determine may be necessary in
order for such Lender to hold such Loans in accordance with its Revolving Facility Percentage. 
 ARTICLE III 

REPRESENTATIONS AND WARRANTIES 

The Borrower represents and warrants to each of the Lenders with respect to itself and each of its Relevant Subsidiaries, and the Subsidiaries
to the extent applicable, that: 
 Section 3.01. Organization; Powers. The Borrower and each of its Relevant Subsidiaries
(a) is duly organized, validly existing and (if applicable) in good standing under the laws of the jurisdiction of its organization except for such failure to be in good standing which could not reasonably be expected to have a Material Adverse
Effect (b) has all requisite power and authority to own its property and assets and to carry on its business as now conducted, (c) is qualified to do business in each jurisdiction where such qualification is required, except where the
failure to so qualify could not reasonably be expected to have a Material Adverse Effect and (d) has the power and authority to execute, deliver and perform its obligations under each of the Loan Documents and each other agreement or instrument
contemplated thereby to which it is or will be a party and, in the case of the Borrower, to borrow and otherwise obtain credit hereunder. 

Section 3.02. Authorization. The execution, delivery and performance by the Borrower and each of its Relevant Subsidiaries
of each of the Loan Documents to which it is a party, and the borrowings hereunder and the Transactions (a) have been duly authorized by all necessary corporate, stockholder, limited liability company or partnership action required to be
obtained by the Borrower and such Relevant Subsidiaries and (b) will not (i) violate (A) any provision of law, statute, rule or regulation, or of the certificate or articles of incorporation or other constitutive documents or by-laws
of the Borrower or any such Relevant Subsidiary, (B) any applicable order of any court or any rule, regulation or order of any Governmental Authority or (C) any provision of any indenture, lease, agreement or other instrument to which the
Borrower or any such Relevant Subsidiary is a party or by which any of them or any of their respective property is or may be bound, (ii) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a
default under, give rise to a right of or result in any cancellation or acceleration of any right or obligation (including any payment) or to a loss of a material benefit under any such indenture, lease, agreement or other instrument, where any such
conflict, violation, breach or default referred to in clause (i) or (ii) of this clause (b), could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, or (c) will not result in the
creation or imposition of any Lien upon or with respect to any property or assets now owned or hereafter acquired by the Borrower or any such Relevant Subsidiary, other than the Liens permitted by Section 6.02. 

Section 3.03. Enforceability. This Agreement has been duly executed and delivered by the Borrower and constitutes, and each
other Loan Document when executed and delivered by each Loan Party that is party thereto will constitute, a legal, valid and binding obligation of such Loan Party 

  
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enforceable against each such Loan Party in accordance with its terms, subject to (a) the effects of bankruptcy, insolvency, moratorium, reorganization, fraudulent conveyance or other laws
affecting creditors’ rights generally, (b) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law) and (c) implied covenants of good faith and fair dealing. 

Section 3.04. Governmental Approvals. No action, consent or approval of, registration or filing with or any other action by
any Governmental Authority is or will be required in connection with the Transactions except for (a) the filing of UCC financing statements, (b) filings with the United States Patent and Trademark Office and the United States Copyright
Office or, with respect to intellectual property which is the subject of registration or application for registration outside the United States, such applicable patent, trademark or copyright office or other intellectual property authority,
(c) recordation of the Mortgages, (d) such consents, authorizations, filings or other actions that have either (i) been made or obtained and are in full force and effect or (ii) are listed on Schedule 3.04, and
(iii) such actions, consents, approvals, registrations or filings, the failure to be obtained or made which could not reasonably be expected to have a Material Adverse Effect. 

Section 3.05. Financial Statements. There has heretofore been furnished to the Lenders the following (and the following
representations and warranties are made with respect thereto): 
 (a) The audited consolidated balance sheets of the Borrower as of
September 30, 2011 and September 30, 2012 and the related audited consolidated statements of operations and retained earnings, comprehensive income and cash flows of the Borrower for the years ended September 30, 2011 and
September 30, 2012, were prepared in accordance with GAAP applied not only during such periods but also as compared to the periods covered by the financial statements of the Borrower referred to in paragraph (b) of this Section 3.05
(except as may be indicated in the notes thereto) and fairly present the consolidated financial position of the Borrower as of the dates thereof and its consolidated results of operations and cash flows for the period then ended. 

(b) The unaudited interim consolidated balance sheet as of June 30, 2013 and the related statements of income, stockholders’ equity
and cash flows of the Borrower for each completed fiscal quarter since the date of the most recent audited financial statements and ending 45 days prior to the Closing Date were prepared in accordance with GAAP consistently applied not only during
such periods but also as compared to the periods covered by the financial statements of the Borrower referred to in paragraph (a) of this Section 3.05 (except as may be indicated in the notes thereto) and fairly present the consolidated
financial position of the Borrower as of the dates thereof and its consolidated results of operations and cash flows for the periods then ended (subject to normal year-end adjustments). 

(c) The pro forma consolidated balance sheet of the Borrower as of the date of the most recent consolidated balance sheet delivered
pursuant to clause (b) above and as filed with the SEC and the income statement of the Borrower for the interim fiscal period then most recently ended prior to the Closing Date were prepared giving effect to the Transactions (and such other
adjustments as have been agreed between the Borrower and the Administrative Agent) as if the Transactions (and such other adjustments) had occurred on such date. Such pro forma consolidated balance sheet (i) was prepared in good faith
based on assumptions that are believed by the Borrower to be reasonable as of the Closing Date (it being understood that such assumptions are based on good faith estimates with respect to certain items and that the actual amounts of such items on
the Closing Date is subject to variation), (ii) accurately reflects all adjustments necessary to give effect to the Transactions and (iii) presents fairly, in all material respects, the pro forma financial position of the Borrower
and its Subsidiaries as of the date of the most recent consolidated balance sheet delivered pursuant to clause (b) above, as if the Transactions had occurred on such date. 

  
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 Section 3.06. No Material Adverse Effect. Since December 31, 2012, there
has been no event or occurrence which has resulted in or would reasonably be expected to result in, individually or in the aggregate, any Material Adverse Effect. 

Section 3.07. Properties. (a) The Borrower and each of its Relevant Subsidiaries has good and defensible title to all
assets and other property purported to be owned by it, except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes. The Borrower
and its Relevant Subsidiaries have good title to or valid leasehold interests (subject to Permitted Encumbrances and Prior Liens) in all Real Property set forth on Schedule 1.01A, except as could not reasonably be expected to have a Material Adverse
Effect. 
 (b) The Borrower and its Relevant Subsidiaries own or possess, or have the right to use or could obtain ownership or possession
of or a right to use, on terms not materially adverse to it, all patents, trademarks, service marks, trade names and copyrights necessary for the present conduct of their business, without any known conflict with the rights of others, and free from
any burdensome restrictions, except where such conflicts and restrictions could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. 

Section 3.08. Litigation; Compliance with Laws. (a) Except as set forth on Schedule 3.08(a), there are no
actions, suits, investigations or proceedings at law or in equity or by or on behalf of any Governmental Authority or in arbitration now pending against, or, to the knowledge of the Borrower, threatened in writing against or affecting, the Borrower
or any of its Relevant Subsidiaries or any business, property or rights of any such Person (i) as of the Closing Date, that involve any Loan Document or the Transactions (excluding the Merger) or (ii) which individually or in the aggregate
could reasonably be expected to have a Material Adverse Effect or which could reasonably be expected, individually or in the aggregate, to materially adversely affect the Transactions. Neither the Borrower nor, to the knowledge of any of the Loan
Parties, any of its Affiliates is in violation of any laws relating to terrorism or money laundering, including Executive Order No. 13224 on Terrorist Financing, effective September 23, 2001, and the Uniting and Strengthening America by
Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Public Law 107-56 (signed into law on October 26, 2001) (the “U.S.A. PATRIOT Act”). None of the Borrower or any of its Subsidiaries or, to
the knowledge of the Borrower, any director or officer of the Borrower or any of its Subsidiaries, is subject to any sanctions administered by OFAC. To the knowledge of the Borrower, no part of the proceeds of the Loans will be used, directly or
indirectly, (i) to finance the activities of any Person subject to any sanctions administered by OFAC or (ii) for any payments to any governmental official or employee, political party, official of a political party, candidate for
political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign Corrupt Practices Act of 1977, as amended. 

(b) (i) None of the Borrower, any Relevant Subsidiary or their respective properties or assets is in violation of (nor will the continued
operation of their material properties and assets as currently conducted violate) any currently applicable law, rule or regulation or any judgment, writ, injunction or decree of any Governmental Authority, where such violation or default could
reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, (ii) each of the Borrower and each Relevant Subsidiary holds all permits, licenses, registrations, certificates, approvals, consents, clearances and
other authorizations from any Governmental Authority required under any currently applicable law, rule or regulation for the operation of its business as presently conducted, except as could not, individually or in the aggregate, reasonably be
expected to have a Material Adverse Effect, and (iii) neither the Borrower nor any Relevant Subsidiary is, or after giving effect to any Borrowing will be, subject to regulation under any Applicable Law which limits its ability to incur the
Obligations or consummate the Transactions. 

  
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 Section 3.09. Federal Reserve Regulations. (a) Neither the Borrower nor
any of its Relevant Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock. 

(b) No part of the proceeds of any Loan will be used, whether directly or indirectly, and whether immediately, incidentally or ultimately,
(i) to purchase or carry Margin Stock or to extend credit to others for the purpose of purchasing or carrying Margin Stock or to refund indebtedness originally incurred for such purpose, or (ii) for any purpose that entails a violation of,
or that is inconsistent with, the provisions of the Regulations of the Board, including Regulation U or Regulation X. 

Section 3.10. Investment Company Act. Neither the Borrower nor any of its Relevant Subsidiaries is an “investment
company” as defined in, or subject to regulation under, the Investment Company Act of 1940, as amended. 
 Section 3.11. Use of
Proceeds. The Borrower has used the proceeds of the Revolving Facility Loans and Swingline Loans, and may request the issuance of Revolving Letters of Credit, solely for general corporate purposes (including, without limitation, the
Closing Date Refinancing, Permitted Business Acquisitions and other Investments permitted by this Agreement). Notwithstanding the foregoing, the Borrower will use proceeds of Revolving Loans drawn and Revolving Letters of Credit issued on the
Closing Date solely to consummate the Closing Date Refinancing and to pay fees and expenses related thereto. 
 Section 3.12. Tax
Returns. Except as set forth on Schedule 3.12, each of the Borrower and its consolidated Subsidiaries (i) has timely filed or caused to be timely filed all federal, state, local and non-U.S. Tax returns required to have been
filed by it and each such Tax return is complete and accurate in all respects and (ii) has timely paid or caused to be timely paid all Taxes due and payable by it and all other Taxes or assessments, except in each case referred to in clauses
(i) or (ii) above, (1) if the failure to comply would not cause a Material Adverse Effect or (2) if the Taxes or assessments are being contested in good faith by appropriate proceedings in accordance with Section 5.03 and
for which the Borrower or any of its Subsidiaries (as the case may be) has set aside on its books adequate reserves in accordance with GAAP. 

Section 3.13. No Material Misstatements. (a) All written information (other than the Projections, estimates and information
of a general economic nature) (the “Information”) concerning the Borrower and its Subsidiaries, the Transaction and any other transactions contemplated hereby prepared by or on behalf of the Administrative Agent in connection with
the Transaction or the other transactions contemplated hereby, when taken as a whole, was true and correct in all material respects, as of the date such Information was furnished to the Lenders, and did not contain any untrue statement of a material
fact as of any such date or omit to state any material fact necessary in order to make the statements contained therein not materially misleading in light of the circumstances under which such statements were made. 

(b) The Projections prepared by or on behalf of the Borrower or any of its representatives and that have been made available to any Lenders or
the Administrative Agent in connection with the Transactions or the other transactions contemplated hereby have been prepared in good faith based upon assumptions believed by the Borrower to be reasonable as of the date thereof, as of the date
such Projections were furnished to the Lenders. 

  
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 Section 3.14. Employee Benefit Plans. (a) Each Plan has been administered
in compliance with the applicable provisions of ERISA and the Code (and the regulations and published interpretations thereunder) except for such noncompliance that could not reasonably be expected to have a Material Adverse Effect. As of the
Closing Date, the excess of the present value of all benefit liabilities under each Plan of the Borrower, and each Subsidiary of the Borrower and the ERISA Affiliates (based on those assumptions used to fund such Plan), as of the last annual
valuation date applicable thereto for which a valuation is available, over the value of the assets of such Plan could not reasonably be expected to have a Material Adverse Effect, and the excess of the present value of all benefit liabilities of all
underfunded Plans (based on those assumptions used to fund each such Plan) as of the last annual valuation dates applicable thereto for which valuations are available, over the value of the assets of all such underfunded Plans could not reasonably
be expected to have a Material Adverse Effect. No ERISA Event has occurred or is reasonably expected to occur that, when taken together with all other ERISA Events which have occurred or for which liability is reasonably expected to occur, could
reasonably be expected to result in a Material Adverse Effect. 
 (b) Any foreign pension schemes sponsored or maintained by the Borrower
and each of its Subsidiaries, if any, are maintained in accordance with the requirements of applicable foreign law, except where noncompliance could not reasonably be expected to have a Material Adverse Effect. 

Section 3.15. Environmental Matters. Except as set forth on Schedule 3.15 or for matters that could not
reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect (i) no written notice, request for information, order, complaint, Environmental Claim or penalty has been received or incurred by the Borrower or any of
its Subsidiaries, and there are no judicial, administrative or other actions, suits or proceedings pending or, to the knowledge of any of the Loan Parties, threatened against the Borrower or any of its Subsidiaries which allege a violation of or
liability under any Environmental Laws, in each case, relating to the Borrower or any of its Subsidiaries, (ii) neither the Borrower nor any of its Subsidiaries is conducting, funding or responsible for any investigation, remediation, remedial
action or cleanup of any Release or threatened Release of Hazardous Materials, (iii) there has been no Release or threatened Release of Hazardous Materials at any property currently or, to the knowledge of any of the Loan Parties, formerly
owned, operated or leased by the Borrower or any of its Subsidiaries that would reasonably be expected to give rise to any liability of the Borrower or any of its Subsidiaries under any Environmental Laws or Environmental Claim against the Borrower
or any of its Subsidiaries, and (iv) neither the Borrower nor any of its Subsidiaries has entered into any agreement or contract to assume, guarantee or indemnify a third party for any Environmental Claims. Representations and warranties of the
Borrower or any of its Subsidiaries with respect to environmental matters are limited to those in this Section 3.15. 

Section 3.16. Mortgages. The Mortgages executed and delivered on or after the Closing Date pursuant to clause (h) of
the Collateral and Guarantee Requirement and Section 5.10 or otherwise shall be effective to create in favor of the Collateral Agent (for the benefit of the Secured Parties) a legal, valid and enforceable security interest on all of the Loan
Parties’ right, title and interest in and to the Mortgaged Property thereunder and the proceeds thereof, and when such Mortgages are filed or recorded in the proper real estate filing or recording offices, the Collateral Agent (for the benefit
of the Secured Parties) shall have a fully perfected first priority Lien on, and security interest in, all right, title and interest of the Loan Parties in such Mortgaged Property and, to the extent applicable, subject to Section 9-315 of the UCC, the proceeds thereof, in each case prior and superior in right to any other Person, other than with respect to Prior Liens and Permitted Encumbrances. 

Section 3.17. Real Property. (a) Schedule 1.01A lists completely and correctly as of the Closing Date all
Closing Date Real Property of the Borrower and its Relevant Subsidiaries and the 

  
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address or location thereof (or, in the alternative, the description of the underlying instruments by providing the name of the grantor, the name of the grantee, the instrument date and, to the
extent available, the recording information), including the county and state in which such property is located. 
 (b) Subject to Prior
Liens and Permitted Encumbrances, the Midstream Assets are covered by fee deeds, rights of way, easements, leases, servitudes, permits, licenses, or other instruments (collectively, “rights of way”) in favor of the applicable Loan
Parties, except to the extent the failure to be so covered would not reasonably be expected to have a Material Adverse Effect. Such rights of way, if and to the extent required in accordance with applicable law to be recorded or filed, have been
recorded or filed in the real property records of the county where the Real Property covered thereby is located or with the office of the applicable Governmental Authority, except where the failure of the Midstream Assets to be so covered, or any
such documentation to be so recorded or filed, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. 

(c) [Reserved] 
 (d) The
material properties used or to be used in the Loan Parties’ Midstream Activities are in good repair, working order, and condition, normal wear and tear excepted, except to the extent the failure would not reasonably be expected to have a
Material Adverse Effect. 
 (e) No eminent domain proceeding or taking has been commenced or, to the knowledge of the Borrower or its
Relevant Subsidiaries, is contemplated with respect to all or any portion of the Midstream Assets except for that which, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. 

Section 3.18. Solvency. (a) Immediately after giving effect to the Transactions (i) the fair value of the assets
(for the avoidance of doubt, calculated to include goodwill and other intangibles) of the Borrower and its Restricted Subsidiaries on a consolidated basis, at a fair valuation, will exceed the debts and liabilities, direct, subordinated, contingent
or otherwise, of the Borrower and its Restricted Subsidiaries on a consolidated basis; (ii) the present fair saleable value of the property of the Borrower and its Restricted Subsidiaries on a consolidated basis will be greater than the amount
that will be required to pay the probable liability of the Borrower and its Restricted Subsidiaries on a consolidated basis, on their debts and other liabilities, direct, subordinated, contingent or otherwise, as such debts and other liabilities
become absolute and matured; (iii) the Borrower and its Restricted Subsidiaries on a consolidated basis will be able to pay their debts and liabilities, direct, subordinated, contingent or otherwise, as such debts and liabilities become
absolute and matured; and (iv) the Borrower and its Restricted Subsidiaries on a consolidated basis will not have unreasonably small capital with which to conduct the businesses in which they are engaged as such businesses are now conducted and
are proposed to be conducted following the Closing Date. 
 (b) The Borrower does not intend to, and does not believe that it or any of its
Restricted Subsidiaries will, incur debts beyond its ability to pay such debts as they mature, taking into account the timing and amounts of cash to be received by it or any such Restricted Subsidiary and the timing and amounts of cash to be payable
on or in respect of its Indebtedness or the Indebtedness of any such Restricted Subsidiary. 
 Section 3.19. Labor Matters.
There are no strikes pending or threatened against the Borrower or any of its Subsidiaries that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. The hours worked and payments made to employees of
the Borrower and its Subsidiaries have not been in violation in any material respect of the Fair Labor Standards Act or 

  
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any other applicable law dealing with such matters. All material payments due from the Borrower or any of its Subsidiaries or for which any claim may be made against the Borrower or any of its
Subsidiaries, on account of wages and employee health and welfare insurance and other benefits have been paid or accrued as a liability on the books of the Borrower or such Subsidiary to the extent required by GAAP. Consummation of the Transactions
will not give rise to a right of termination or right of renegotiation on the part of any union under any collective bargaining agreement to which the Borrower or any of its Subsidiaries (or any predecessor) is a party or by which the Borrower or
any of its Subsidiaries (or any predecessor) is bound, other than collective bargaining agreements that, individually or in the aggregate, are not material to the Borrower and its Subsidiaries, taken as a whole. 

Section 3.20. Insurance. Schedule 3.20 sets forth a true, complete and correct description of all material insurance
maintained by or on behalf of the Borrower and its Relevant Subsidiaries as of the Closing Date. As of such date, such insurance is in full force and effect. The Borrower believes that the insurance maintained by or on behalf of it and its Relevant
Subsidiaries is adequate. 
 Section 3.21. [Reserved]. 

Section 3.22. Status as Senior Debt; Perfection of Security Interests. The Obligations shall rank pari passu with any other
senior Indebtedness or securities of the Borrower and shall constitute senior indebtedness of the Borrower and the Relevant Subsidiaries under and as defined in any documentation documenting any junior indebtedness of the Borrower or the Relevant
Subsidiaries. Each Collateral Agreement delivered pursuant to Section 4.02 and 5.10 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent, for the benefit of the Secured Parties, a legal, valid and
enforceable security interest in the Collateral described therein and proceeds thereof. In the case of the Pledged Collateral described in the Collateral Agreement, when stock certificates representing such Pledged Collateral are delivered to the
Collateral Agent, and in the case of the other Collateral described in the Collateral Agreement, when financing statements and other filings specified therein in appropriate form are filed in the offices specified therein, the Lien created by the
Collateral Agreement shall constitute a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in such Collateral and the proceeds thereof to the extent perfection can be obtained by filing financing
statements, making such other filings specified therein or by possession, as security for the Obligations of such Loan Party, in each case prior and superior in right to any other Person, subject, in the case of Collateral other than Pledged
Collateral, to Prior Liens, and in the case of Pledged Collateral, to Liens arising (and that have priority) by operation of law. 
 ARTICLE
IV 
 CONDITIONS TO CREDIT EVENTS 

The obligations of (a) the Lenders to make Loans or (b) any Issuing Bank to issue, amend, extend or renew any Revolving Letter of
Credit hereunder (each of (a) and (b), a “Credit Event”) are subject to the satisfaction of the following conditions: 

Section 4.01. All Credit Events. On the date of each Credit Event (other than a Borrowing on the Closing Date (except with
respect to clause (a) below)): 
 (a) The Administrative Agent shall have received, in the case of a Borrowing, a Borrowing Request as
required by Section 2.03 (or a Borrowing Request shall have been deemed given in accordance with the last paragraph of Section 2.03) or, in the case of the issuance of a Revolving Letter of

  
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Credit, the applicable Issuing Bank and the Administrative Agent shall have received a notice requesting the issuance of such Revolving Letter of Credit as required by Section 2.05(b) (in
the case of any Revolving Letter of Credit). 
 (b) The representations and warranties set forth in Article III hereof shall be true and
correct in all material respects on and as of the date of such Credit Event (other than an amendment, extension or renewal of a Revolving Letter of Credit without any increase in the stated amount of such Revolving Letter of Credit), as applicable,
with the same effect as though made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date (in which case such representations and warranties shall be true and correct in all material
respects as of such earlier date). 
 (c) At the time of and immediately after such Credit Event (other than an amendment, extension or
renewal of a Revolving Letter of Credit without any increase in the stated amount of such Revolving Letter of Credit), as applicable, no Event of Default or Default shall have occurred and be continuing. 

Each Credit Event (other than an amendment, extension or renewal of a Revolving Letter of Credit without any increase in the stated amount of
such Revolving Letter of Credit) shall be deemed to constitute a representation and warranty by the Borrower on the date of such Credit Event as to the matters specified in paragraphs (b) and (c) of this Section 4.01. 

Section 4.02. First Credit Event. On the Closing Date: 

(a) The Administrative Agent (or its counsel) shall have received from each party hereto either (a) a counterpart of this Agreement
signed on behalf of such party or (b) written evidence satisfactory to the Administrative Agent (which may include telecopy transmission, or electronic transmission of a PDF copy, of a signed signature page of this Agreement) that such party
has signed a counterpart of this Agreement. 
 (b) The Administrative Agent shall have received, on behalf of itself, the Collateral Agent,
the Lenders and each Issuing Bank on the Closing Date, favorable written opinions of (i) Simpson Thacher & Bartlett LLP, special counsel for the Loan Parties and (ii) Locke Lord Bissell & Liddell LLP, in form and
substance reasonably satisfactory to the Administrative Agent (A) dated the Closing Date, (B) addressed to each Issuing Bank on the Closing Date, the Administrative Agent, the Collateral Agent and the Lenders and (C) in form and
substance reasonably satisfactory to the Administrative Agent and covering such other matters relating to the Loan Documents as the Administrative Agent shall reasonably request, and each Loan Party hereby instructs its counsel to deliver such
opinions. 
 (c) The Administrative Agent shall have received in the case of each Loan Party each of the following: 

(i) a copy of the certificate or articles of incorporation, partnership agreement or limited liability agreement, including all
amendments thereto, or other relevant constitutional documents under applicable law of each Loan Party, (A) in the case of a corporation, certified as of a recent date by the Secretary of State (or other similar official) and a certificate as
to the good standing (to the extent such concept or a similar concept exists under the laws of such jurisdiction) of each such Loan Party as of a recent date from such Secretary of State (or other similar official) or (B) in the case of a
partnership of or limited liability company, certified by the Secretary or Assistant Secretary, or the general partner, managing member or sole member, of each such Loan Party; and 

  
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 (ii) a certificate of the Secretary, Assistant Secretary, Director, President or
similar officer or the general partner, managing member or sole member, of each Loan Party, in each case dated the Closing Date and certifying: 

(A) that attached thereto is a true and complete copy of the by-laws (or partnership agreement, memorandum and articles of
association, limited liability company agreement or other equivalent governing documents) of such Loan Party as in effect on the Closing Date and at all times since a date prior to the date of the resolutions described in clause (B) below, 

(B) that attached thereto is a true and complete copy of resolutions duly adopted by the board of directors (or equivalent
governing body) of such Loan Party (or its managing general partner or managing member) authorizing the execution, delivery and performance of the Loan Documents to which such Person is a party and, in the case of the Borrower, the borrowings
hereunder, and that such resolutions have not been modified, rescinded or amended and are in full force and effect on the Closing Date, 

(C) that the certificate or articles of incorporation, partnership agreement or limited liability agreement of such Loan Party
has not been amended since the date of the last amendment thereto disclosed pursuant to clause (i) above, 
 (D) as to
the incumbency and specimen signature of each officer or director executing any Loan Document or any other document delivered in connection herewith on behalf of such Loan Party, and 

(E) as to the absence of any pending proceeding for the dissolution or liquidation of such Loan Party or, to the knowledge of
such Person, threatening the existence of such Loan Party. 
 (d) The Collateral and Guarantee Requirement with respect to items to be
completed as of the Closing Date shall have been satisfied and the Administrative Agent shall have received a completed Perfection Certificate dated the Closing Date and signed by a Responsible Officer of the Borrower, together with all attachments
contemplated thereby, including the results of a search of the UCC (or equivalent under other similar law) filings made with respect to the Loan Parties in the jurisdictions contemplated by the Perfection Certificate and copies of the financing
statements (or similar documents) disclosed by such search and evidence reasonably satisfactory to the Administrative Agent that the Liens indicated by such financing statements (or similar documents) are permitted by Section 6.02 or have been
released, it being understood that, to the extent any lien search or collateral (including the creation, perfection or priority of any security interest) is not or cannot be provided on the Closing Date (other than (i) UCC, tax and judgment
lien searches, (ii) the pledge and perfection of domestic assets with respect to which a lien may be perfected by the filing of financing statements under the UCC or (iii) to the extent applicable, the delivery of equity certificates of
each Loan Party (other than the Borrower) and any domestic Subsidiaries of the Loan Parties and related stock or other powers) after use of commercially reasonable efforts to do so then the provision of any such lien search and/or Collateral shall
not constitute a condition precedent to the availability of the Revolving Facility Loans on the Closing Date, but a perfected security interest shall instead be required promptly after the Closing Date as

  
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required under the Collateral and Guarantee Requirement (and in any event within 45 days following the Closing Date (or, in the case of Closing Date Real Property, within 90 days following the
Closing Date), plus any extensions granted by the Administrative Agent in its sole discretion), in each case pursuant to arrangements reasonably satisfactory to the Administrative Agent; 

(e) The Transactions shall have been consummated or shall be consummated simultaneously with or immediately following the closing under this
Agreement in accordance with the Merger Agreement and all other related documentation (without material amendment, modification or waiver thereof which is adverse to the Lenders without the prior consent of the Administrative Agent, which consent
shall not be unreasonably withheld or delayed), including each of the following: 
 (i) The Merger shall have been
consummated or shall be consummated simultaneously with or immediately following the closing under this Agreement in accordance with the Merger Documents; and 

(ii) Each of the IGP Acquisition and the Existing CMLP GP Acquisition shall have been consummated. 

(f) After giving effect to the Transactions, and the other transactions contemplated hereby, the Borrower and its Relevant Subsidiaries shall
have no outstanding Indebtedness other than (i) the Loans and other extensions of credit under this Agreement and (ii) other Indebtedness permitted pursuant to Section 6.01. 

(g) The Lenders shall have received a solvency certificate substantially in the form of Exhibit F and signed by a Financial
Officer of the Borrower confirming the solvency of the Borrower and its Restricted Subsidiaries on a consolidated basis after giving effect to the Transactions. 

(h) Since December 31, 2012, there shall not have occurred any event or occurrence that has had or would reasonably be likely to have a
Material Adverse Effect (as defined in the Merger Agreement). 
 (i) The Agents shall have received all fees payable thereto or to any
Lender or to the Joint Lead Arrangers on or prior to the Closing Date and, to the extent invoiced, all other amounts due and payable pursuant to the Loan Documents on or prior to the Closing Date, including, to the extent invoiced, reimbursement or
payment of all reasonable out-of-pocket expenses required to be reimbursed or paid by the Loan Parties hereunder or under any Loan Document. 

(j) The (x) Specified Representations and (y) Specified Merger Agreement Representations shall be true and correct in all material
respects on and as of the Closing Date. 
 (k) The Administrative Agent shall have received evidence reasonably satisfactory to it that the
Existing Credit Facilities have been or concurrently with the Closing Date are being terminated, all Liens securing obligations under the Existing Credit Facilities have been or concurrently with the Closing Date are being released and all amounts
outstanding thereunder have been (or will be with the proceeds of the Loans on Closing Date) paid in full. 
 (l) The Administrative Agent
shall have received a certificate signed by a Responsible Officer of the Borrower as to the matters set forth in clauses (e), (f), (h) and (j) of this Section 4.02. 

  
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 (m) The Closing Date shall have occurred on or prior to November 5, 2013. 

(n) The Administrative Agent shall have received all documentation and other information required by regulatory authorities with respect to
the Borrower under applicable “know your customer” and anti-money laundering rules and regulations, including without limitation the U.S. PATRIOT Act, that has been reasonably requested by the Administrative Agent at least 10 days in
advance of the Closing Date. 
 ARTICLE V 

AFFIRMATIVE COVENANTS 
 The
Borrower covenants and agrees with each Lender that so long as this Agreement shall remain in effect and until the commitments have been terminated and the principal of and interest on each Loan, all Fees and all other expenses or amounts payable
under any Loan Document shall have been paid in full and all Revolving Letters of Credit have been canceled or have expired and all amounts drawn thereunder have been reimbursed in full, unless the Required Lenders shall otherwise consent in
writing, the Borrower will, and will cause each of its Relevant Subsidiaries (and, to the extent expressly set forth below, other applicable Subsidiaries) to: 

Section 5.01. Existence; Businesses and Properties. (a) Do or cause to be done all things necessary to preserve, renew and
keep in full force and effect its legal existence, except as otherwise expressly permitted under Section 6.05, and except for the liquidation or dissolution of any such Subsidiary if the assets of such Subsidiary to the extent they exceed
estimated liabilities are acquired by the Borrower or a Wholly Owned Subsidiary of the Borrower in such liquidation or dissolution; provided that Subsidiary Loan Parties may not be liquidated into Subsidiaries that are not Loan Parties. 

(b) Do or cause to be done all things necessary to (i) in the Borrower’s reasonable business judgment obtain, preserve, renew,
extend and keep in full force and effect the permits, franchises, authorizations, patents, trademarks, service marks, trade names, copyrights, licenses and rights with respect thereto necessary to the normal conduct of its business, (ii) comply
in all material respects with all material applicable laws, rules, regulations (including any zoning, building, ordinance, code or approval or any building permits or any restrictions of record or agreements affecting the Mortgaged Properties)
and judgments, writs, injunctions, decrees, permits, licenses and orders of any Governmental Authority, whether now in effect or hereafter enacted and (iii) at all times maintain and preserve all property necessary to the normal conduct of its
business and keep such property in good repair, working order and condition and from time to time make, or cause to be made, all needful and proper repairs, renewals, additions, improvements and replacements thereto necessary in order that the
business carried on in connection therewith, if any, may be properly conducted at all times (in each case except as expressly permitted by this Agreement); in each case in this paragraph (b) except where the failure to do so could not
reasonably be expected to have a Material Adverse Effect. 
 Section 5.02. Insurance. (a) Keep its insurable
properties insured at all times by financially sound and reputable insurers in such amounts as shall be customary for similar businesses and maintain such other reasonable insurance (including, to the extent consistent with past practices,
self-insurance), of such types, to such extent and against such risks, as is customary with companies in the same or similar businesses and maintain such other insurance as may be required by law or any other Loan Document. 

(b) Cause all such property insurance policies with respect to the Mortgaged Properties and personal property located in the United States to
be endorsed or otherwise amended to 

  
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include a “standard” or “New York” lender’s loss payable endorsement, in form and substance reasonably satisfactory to the Administrative Agent and the Collateral Agent,
which endorsement shall provide that, from and after the Closing Date, if the insurance carrier shall have received written notice from the Administrative Agent or the Collateral Agent of the occurrence of an Event of Default, the insurance carrier
shall pay all proceeds otherwise payable to the Borrower or other Loan Party under such policies directly to the Collateral Agent; cause all such policies to be written on a replacement cost valuation basis, and such other provisions as the
Administrative Agent or the Collateral Agent may reasonably (in light of a Default or a material development in respect of the insured property) require from time to time to protect their interests; deliver original or certified copies of all
property and casualty policies or a certificate of an insurance broker to the Collateral Agent; cause each property and casualty policy to provide that it shall not be canceled or not renewed upon less than 30 days’ prior written notice thereof
by the insurer to the Administrative Agent and the Collateral Agent; and deliver to the Administrative Agent and the Collateral Agent, prior to the cancellation or nonrenewal of any such policy of insurance, a copy of a renewal or replacement policy
(or other evidence of renewal of a policy previously delivered to the Administrative Agent and the Collateral Agent), or insurance certificate with respect thereto, together with evidence satisfactory to the Administrative Agent and the Collateral
Agent of payment of the premium therefor. 
 (c) To the extent any Mortgaged Property is subject to the provisions of the Flood Insurance
Laws (as defined below), (i) (x) concurrently with the delivery of the mortgage in favor of the Collateral Agent in connection therewith, and (y) at any other time if necessary for compliance with applicable Flood Insurance Laws,
provide the Collateral Agent with a standard flood hazard determination form for such Mortgaged Property and (ii) if any building that forms a part of Mortgaged Property is located in an area designated a “flood hazard area” in any
Flood Insurance Rate Map published by the Federal Emergency Management Agency (or any successor agency), obtain flood insurance in such reasonable total amount as the Administrative Agent or the Collateral Agent may from time to time reasonably
require, and otherwise to ensure compliance with the National Flood Insurance Program as set forth in the Flood Disaster Protection Act of 1973, as it may be amended from time to time (the “Flood Insurance Laws”). In addition, to
the extent the Borrower and the Loan Parties fail to obtain or maintain satisfactory flood insurance required pursuant to the preceding sentence with respect to any Mortgaged Property, the Collateral Agent shall be permitted, in its sole discretion,
to obtain forced placed insurance at the Borrower’s expense to ensure compliance with any applicable Flood Insurance Laws. 
 (d) With
respect to each Mortgaged Property and any personal property located in the United States, carry and maintain commercial general liability insurance including coverage on an occurrence basis against claims made for personal injury (including bodily
injury, death and property damage) and umbrella liability insurance or excess liability insurance against any and all claims, in each case in amounts and against such risks as are customarily maintained by companies engaged in the same or similar
industry operating in the same or similar locations naming the Collateral Agent as an additional insured, on forms reasonably satisfactory to the Collateral Agent. 

(e) Notify the Administrative Agent and the Collateral Agent promptly whenever any separate insurance concurrent in form or contributing in
the event of loss with that required to be maintained under this Section 5.02 is taken out by the Borrower or its Relevant Subsidiaries; and promptly deliver to the Administrative Agent and the Collateral Agent a duplicate original copy of such
policy or policies, or an insurance certificate with respect thereto. 

  
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 (f) In connection with the covenants set forth in this Section 5.02, it is understood and
agreed that: 
 (i) none of the Agents, the Lenders, the Issuing Banks or their respective agents or employees shall be
liable for any loss or damage insured by the insurance policies required to be maintained under this Section 5.02, it being understood that (x) the Borrower and its Relevant Subsidiaries shall look solely to their insurance companies or
any parties other than the aforesaid parties for the recovery of such loss or damage and (y) such insurance companies shall have no rights of subrogation against the Agents, the Lenders, any Issuing Bank or their agents or employees. If,
however, the insurance policies do not provide waiver of subrogation rights against such parties, as required above, then the Borrower hereby agrees, to the extent permitted by law, to waive, and to cause each of its Relevant Subsidiaries to waive,
its right of recovery, if any, against the Agents, the Lenders, any Issuing Bank and their agents and employees; and 
 (ii)
the designation of any form, type or amount of insurance coverage by the Administrative Agent, the Collateral Agent or the Lenders under this Section 5.02 shall in no event be deemed a representation, warranty or advice by the Administrative
Agent, the Collateral Agent or the Lenders that such insurance is adequate for the purposes of the business of the Borrower or any of its Relevant Subsidiaries or the protection of their properties. 

Section 5.03. Taxes; Payment of Obligations. Pay and discharge promptly when due all material Taxes, assessments and
governmental charges or levies imposed upon it or upon its income or profits or in respect of its property, before the same shall become delinquent or in default, as well as all lawful claims for labor, materials and supplies or otherwise that, if
unpaid, might give rise to a Lien upon such properties or any part thereof; provided, however, that such payment and discharge shall not be required with respect to any such Tax, assessment, charge, levy or claim to the extent that the
validity or amount thereof shall be contested in good faith by appropriate proceedings, and the Borrower or the affected Subsidiary of the Borrower, as applicable, shall have set aside on its books reserves in accordance with GAAP with respect
thereto. Pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all its material obligations of whatever nature, except where the amount or validity thereof is currently being contested in
good faith by appropriate proceedings and reserves in conformity with GAAP with respect thereto have been provided on the books of the Borrower or the affected Subsidiary of the Borrower or if the failure to pay, discharge or otherwise satisfy such
obligation could not reasonably be expected to have a Material Adverse Effect. 
 Section 5.04. Financial Statements, Reports,
Etc. Furnish to the Administrative Agent (which will promptly furnish such information to the Lenders): 
 (a) within 120 days
after the end of each fiscal year, a consolidated balance sheet and related statements of operations, cash flows and owners’ equity showing the financial position of the Borrower and its Subsidiaries and, if different, the Borrower and the
Restricted Subsidiaries, in each case as of the close of such fiscal year and the consolidated results of their operations during such year and setting forth in comparative form the corresponding figures for the prior fiscal year (or in lieu of such
audited financial statements of the Borrower and the Restricted Subsidiaries, a detailed reconciliation, reflecting such financial information for the Borrower and the Restricted Subsidiaries, on the one hand, and the Borrower and the Subsidiaries,
on the other hand, reflecting adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries (if any) from such consolidated financial statements), all (except with respect to such reconciliation) audited by independent accountants of
recognized national standing reasonably acceptable to the Administrative Agent and accompanied by an opinion of such accountants (which opinion shall be without a “going concern” or like qualification (other than an exception or
explanatory paragraph with respect to the maturity of the Facilities for an opinion delivered in the fiscal year in which such Indebtedness matures) and without any qualification or exception as to the scope of such audit) to the effect that such
consolidated financial statements fairly present, in all material respects, the financial position and results of operations of the Borrower and its Subsidiaries on a consolidated basis in accordance with GAAP; 

  
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 (b) within 60 days after the end of each of the first three fiscal quarters of each fiscal year,
a consolidated balance sheet and related statements of operations and cash flows showing the financial position of the Borrower and its Subsidiaries and, if different, the Borrower and the Restricted Subsidiaries, in each case as of the close of
such fiscal quarter and the consolidated results of their operations during such fiscal quarter and the then-elapsed portion of the fiscal year and setting forth in comparative form the corresponding figures for the corresponding periods of the
prior fiscal year (or in lieu of such unaudited financial statements of the Borrower and the Restricted Subsidiaries, a detailed reconciliation, reflecting such financial information for the Borrower and the Restricted Subsidiaries, on the one hand,
and the Borrower and the Subsidiaries, on the other hand, reflecting adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries (if any) from such consolidated financial statements), all certified by Crestwood GP or a Financial
Officer of the Borrower, on behalf of the Borrower, as fairly presenting, in all material respects, the financial position and results of operations of the Borrower and its Subsidiaries on a consolidated basis in accordance with GAAP (subject to
normal year-end audit adjustments and the absence of footnotes); 
 (c) concurrently with any delivery of financial statements under
(a) or (b) above, a certificate of Crestwood GP or a Financial Officer of the Borrower (i) certifying that no Event of Default or Default has occurred or, if such an Event of Default or Default has occurred, specifying the nature and
extent thereof and any corrective action taken or proposed to be taken with respect thereto, (ii) setting forth a computation of the Financial Performance Covenants in detail reasonably satisfactory to the Administrative Agent and
(iii) certifying that the Mortgage Requirement is satisfied at the end of the applicable fiscal period; 
 (d) (i) upon the
consummation of any Permitted Business Acquisition, the acquisition of any Relevant Subsidiary or any Person becoming a Relevant Subsidiary, in each case if the aggregate consideration for such transaction exceeds $25.0 million, or upon the
reasonable request of the Administrative Agent (but not, in the case of such request, more often than annually), an updated Perfection Certificate (or, to the extent such request relates to specified information contained in the Perfection
Certificate, such information) reflecting all changes since the date of the information most recently received pursuant to Section 4.02(e), this paragraph (e) or Section 5.10(e) and (ii) concurrently with the delivery of
financial statements under Section 5.04(a), a certificate executed by a Responsible Officer of the Borrower certifying compliance with Section 5.02(c) and providing evidence of such compliance, including without limitation copies of any
flood hazard determination forms required to be delivered pursuant to Section 5.02(c); 
 (e) promptly, from time to time, such other
information regarding the operations, business affairs and financial condition of the Borrower or any of its Relevant Subsidiaries, or compliance with the terms of any Loan Document, or such consolidating financial statements, as in each case the
Administrative Agent may reasonably request (for itself or on behalf of any Lender); and 
 (f) no later than one hundred and twenty
(120) days following the first day of each fiscal year of the Borrower, a budget for such fiscal year in form customarily prepared by the Borrower; 

provided that to the extent any such documents required to be delivered pursuant to Section 6.04 are included in materials filed with the SEC,
such documents shall be deemed to have been delivered to the Administrative Agent under this Agreement on the date such documents are made publicly available by the SEC. 

  
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 Section 5.05. Litigation and Other Notices. Furnish to the Administrative
Agent written notice of the following promptly after any Responsible Officer of the Borrower or any Relevant Subsidiary obtains actual knowledge thereof: 

(a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) proposed to be taken with
respect thereto; 
 (b) the filing or commencement of any action, suit or proceeding, whether at law or in equity or by or before any
Governmental Authority or in arbitration, against the Borrower or any of its Relevant Subsidiaries as to which an adverse determination could reasonably be expected to have a Material Adverse Effect; 

(c) any other development specific to the Borrower or any of its Relevant Subsidiaries that is not a matter of general public knowledge and
that has had, or could reasonably be expected to have, a Material Adverse Effect; and 
 (d) the occurrence of any ERISA Event that,
together with all other ERISA Events that have occurred, could reasonably be expected to have a Material Adverse Effect. 

Section 5.06. Compliance with Laws. Comply with all laws, rules, regulations and orders of any Governmental Authority
applicable to it or its property (owned or leased), except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect; provided that this Section 5.06 shall not
apply to Environmental Laws, which are the subject of Section 5.09, or to laws related to Taxes, which are the subject of Section 5.03. 

Section 5.07. Maintaining Records; Access to Properties and Inspections; Maintaining Midstream Assets. (a) Maintain
all financial records in accordance with GAAP and permit any Persons designated by the Administrative Agent or, upon the occurrence and during the continuance of an Event of Default, any Lender to visit and inspect the financial records and the
properties of the Borrower or any of its Relevant Subsidiaries at reasonable times, upon reasonable prior notice to the Borrower, and as often as reasonably requested and to make extracts from and copies of such financial records, and permit any
Persons designated by the Administrative Agent or, upon the occurrence and during the continuance of an Event of Default, any Lender upon reasonable prior notice to the Borrower to discuss the affairs, finances and condition of the Borrower or any
of its Relevant Subsidiaries with the officers thereof, or the general partner, managing member or sole member thereof, and independent accountants therefor (subject to reasonable requirements of confidentiality, including requirements imposed by
law or by contract); provided that, during any calendar year absent the occurrence and continuation of an Event of Default, only one (1) visit by the Administrative Agent shall be at the Borrower’s expense; provided,
further, that when an Event of Default exists, the Administrative Agent or any Lender may do any of the foregoing at the expense of the Borrower. 

(b) Maintain or cause the maintenance of the interests and rights with respect to the rights-of-way for the Midstream Assets except to the
extent individually or in the aggregate the failure would not reasonably be expected to have a Material Adverse Effect. 

Section 5.08. Use of Proceeds. Use the proceeds of the Loans and the issuance of Letters of Credit solely for the purposes
described in Section 3.11. 
 Section 5.09. Compliance with Environmental Laws. Comply, cause all of the
Borrower’s Restricted Subsidiaries to comply and make commercially reasonable efforts to cause all 

  
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lessees and other Persons occupying its properties to comply, with all Environmental Laws applicable to its business, operations and properties; obtain and maintain in full force and effect all
material authorizations, registrations, licenses and permits required pursuant to Environmental Law for its business, operations and properties; and perform any investigation, remedial action or cleanup required pursuant to the Release of any
Hazardous Materials as required pursuant to Environmental Laws, except, in each case with respect to this Section 5.09, to the extent the failure to do so could not reasonably be expected to have, individually or in the aggregate, a Material
Adverse Effect. 
 Section 5.10. Further Assurances. (a) Execute any and all further documents, financing
statements, agreements and instruments, and take all such further actions (including the filing and recording of financing statements, fixture filings, Mortgages and other documents and recordings of Liens in stock registries or land title
registries, as applicable), that may be required under any applicable law, or that the Administrative Agent may reasonably request, to cause the Collateral and Guarantee Requirement to be and remain satisfied, all at the expense of the applicable
Loan Parties, and provide to the Administrative Agent, from time to time upon reasonable request, evidence reasonably satisfactory to the Administrative Agent as to the perfection and priority of the Liens created or intended to be created by the
Security Documents. 
 (b) (i) Within sixty (60) days (or such later date as is agreed by the Administrative Agent in its sole
discretion) after the end of any fiscal quarter in which the Loan Parties have acquired Real Property (other than Excluded Real Property) with a book value of at least $25.0 million in any one transaction or series of related transactions and
(ii) within sixty (60) days (or such later date as is agreed by the Administrative Agent in its sole discretion) following June 30 and December 31 of each fiscal year of the Borrower, grant and cause each of the Loan Parties to
grant to the Collateral Agent security interests and Mortgages in any Real Property of the Borrower or any other Loan Party that is required to be subject to a Mortgage, in the cases of clauses (i) and (ii) above, solely in order to
satisfy the Mortgage Requirement as of such date (and that is not already Mortgaged Property) and otherwise satisfy the requirements of clause (h) of the definition of Collateral and Guarantee Requirement with respect to such Real Property as
of such date. 
 (c) Provide to the Administrative Agent, if reasonably requested, title information (including without limitation, deeds,
easements, rights of way agreements, permits and similar agreements) in form and substance reasonably satisfactory to the Administrative Agent evidencing the applicable Loan Party’s interests in Real Properties required to be subject to a
Mortgage in order to satisfy the Mortgage Requirement. 
 (d) If any additional direct or indirect Subsidiary of the Borrower becomes a
Subsidiary Loan Party (including as a result of ceasing to be an Excluded Subsidiary) after the Closing Date, within five Business Days after the date such Subsidiary becomes a Subsidiary Loan Party (including as a result of becoming a Material
Subsidiary), notify the Administrative Agent thereof and, within sixty (60) Business Days after the date such Subsidiary becomes a Subsidiary Loan Party (including as a result of ceasing to be an Excluded Subsidiary), cause the Collateral and
Guarantee Requirement to be satisfied with respect to such Subsidiary Loan Party and with respect to any Equity Interest in or Indebtedness of such Subsidiary owned by or on behalf of any Loan Party. 

(e) In the case of any Loan Party, (i) furnish to the Collateral Agent prompt written notice of any change (A) in such Loan
Party’s corporate or organization name, (B) in such Loan Party’s identity or organizational structure or (C) in such Loan Party’s organizational identification number; provided that no Loan Party shall effect or
permit any such change unless all filings have been made, or will have been made within any statutory period, under the UCC or otherwise that are required in order 

  
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for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral for the benefit of the Secured Parties and
(ii) promptly notify the Administrative Agent if any material portion of the Collateral is damaged or destroyed. 
 (f) The Collateral
and Guarantee Requirement and the other provisions of this Section 5.10 need not be satisfied with respect to any assets or Equity Interests acquired after the Closing Date in accordance with this Agreement if, and to the extent that, and for
so long as doing so would violate the Agreed Security Principles or Section 9.21. 
 (g) Notwithstanding anything in this Agreement to
the contrary (including the Collateral and Guarantee Requirement), (i) the Equity Interest of any Loan Party (other than the Borrower) shall not be required to be pledged under any Security Document to the extent such pledge would be prohibited
by applicable law, (ii) no Mortgages shall be required hereunder to the extent such Mortgages are not readily obtainable under relevant applicable law and (iii) the parties hereto acknowledge and agree that in the event the Borrower
receives, after the Closing Date, ratings for its senior unsecured long-term debt securities (without third-party credit enhancement) that are investment grade from both S&P (at least BBB-) and Moody’s (at least Baa3) (the
“Collateral Release Event”), the Liens and Mortgages (including equity pledges) otherwise required by the Collateral and Guarantee Requirement and granted pursuant to the Security Documents will be released; provided, that
(x) if either such rating subsequently falls below BB+ or Ba1, respectively, then the Loan Parties will re-grant the security interests in the Collateral pursuant to comparable Security Documents (the “Collateral Regrant
Event”) and no further ratings-based collateral releases will be permissible, and (y) notwithstanding the foregoing clause (x), no re-granting of the security interest in and the Liens on the Collateral will be required if the Borrower
receives ratings of BBB (stable or better outlook) or higher from S&P and Baa2 (stable or better outlook) from Moody’s. 

Section 5.11. Fiscal Year. Cause its fiscal year to end on December 31. 

Section 5.12. Risk Management Policy. Comply, and cause all of the Borrower’s Subsidiaries to comply, with
(i) the wholesale inventory distribution and trading procedures, (ii) the dollar and volume limits and (iii) all other material provisions of the Risk Management Policy. 

Section 5.13. Unrestricted Subsidiaries. (a) The Borrower may at any time designate, by a certificate executed by a
Responsible Officer of the Borrower, any Restricted Subsidiary as an Unrestricted Subsidiary; provided that (1) immediately before and after such designation, no Default or Event of Default shall have occurred and be continuing,
(2) the Borrower is in compliance, on a Pro Forma Basis, with the Financial Performance Covenants immediately after giving effect to such designation as of the last day of the most recent fiscal quarter of the Borrower for which financial
statements have been delivered pursuant to Section 5.04, (3) such Unrestricted Subsidiary does not own, directly or indirectly, any Equity Interests of the Borrower or any Restricted Subsidiary, (4) no Subsidiary may be designated as
an Unrestricted Subsidiary if it is a “Restricted Subsidiary” for the purpose of the Existing Notes, the Existing CMLP Notes, any Permitted Junior Debt or any Permitted Refinancing Indebtedness with respect to any of the foregoing and
(5) the total assets of all Unrestricted Subsidiaries shall be less than 3.25% of Consolidated Total Assets immediately after giving effect to such designation. The designation of any Subsidiary as an Unrestricted Subsidiary shall constitute an
Investment by the Borrower or the relevant Restricted Subsidiary (as applicable) therein at the date of designation in an amount equal to the net book value of all such Person’s outstanding Investment therein. 

(b) The Borrower may at any time designate any Unrestricted Subsidiary to be a Restricted Subsidiary; provided that such designation will be
deemed to be an incurrence of Indebtedness 

  
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by a Restricted Subsidiary of any outstanding Indebtedness of such Unrestricted Subsidiary and an incurrence of Liens by a Restricted Subsidiary on the property of such Unrestricted Subsidiary,
and such designation will only be permitted if (i) such Indebtedness is permitted under Section 6.01 and such Liens are permitted under Section 6.02, (ii) no Default or Event of Default would be in existence immediately following
such designation, (iii) the Borrower is in compliance, on a Pro Forma Basis, with the Financial Performance Covenants immediately after giving effect to such designation as of the last day of the most recent fiscal quarter of the Borrower for
which financial statements have been delivered pursuant to Section 5.04 and (iv) such Subsidiary becomes a Subsidiary Loan Party to the extent required by Section 5.10 and the Collateral and Guarantee Requirement is satisfied with
respect to such Subsidiary and with respect to any Equity Interest in or Indebtedness of such Subsidiary owned by or on behalf of any Loan Party. 

ARTICLE VI 
 NEGATIVE COVENANTS

 The Borrower covenants and agrees with each Lender that so long as this Agreement shall remain in effect and until the Commitments have
been terminated and the principal of and interest on each Loan, all Fees and all other expenses or amounts payable under any Loan Document have been paid in full and all Letters of Credit have been canceled or have expired and all amounts drawn
thereunder have been reimbursed in full, unless the Required Lenders shall otherwise consent in writing, the Borrower will not, and will not cause or permit any of its Relevant Subsidiaries to: 

Section 6.01. Indebtedness. Incur, create, assume or permit to exist any Indebtedness, except: 

(a) (i) the Existing Notes, (ii) the Existing CMLP Notes, and (iii) other Indebtedness existing on the Closing Date and set forth on
Schedule 6.01 (excluding Indebtedness under clause (b) of this Section 6.01) and any Permitted Refinancing Indebtedness incurred to Refinance such Indebtedness (other than intercompany Indebtedness Refinanced with Indebtedness owed
to a Person not affiliated with the Borrower or any Subsidiary of the Borrower); 
 (b) Indebtedness created hereunder and under the other
Loan Documents; 
 (c) Indebtedness of the Borrower and its Relevant Subsidiaries pursuant to Swap Agreements permitted by
Section 6.12; 
 (d) Indebtedness owed to (including obligations in respect of letters of credit or bank guarantees or similar
instruments for the benefit of) any Person providing workers’ compensation, health, disability or other employee benefits or property, casualty or liability insurance to the Borrower or any Relevant Subsidiary of the Borrower, pursuant to
reimbursement or indemnification obligations to such Person in the ordinary course of business; 
 (e) Indebtedness of the Borrower or any
Relevant Subsidiary owing to the Borrower or any Subsidiary of the Borrower to the extent permitted by Section 6.04, provided that Indebtedness of any Loan Party to any Subsidiary that is not a Loan Party (the “Subordinated
Intercompany Debt”) shall be subordinated to the Obligations on terms reasonably satisfactory to the Administrative Agent; 
 (f)
Indebtedness in respect of performance bonds, warranty bonds, bid bonds, appeal bonds, surety bonds, labor bonds and completion or performance guarantees and similar obligations, in each case provided in the ordinary course of business, including
those incurred to secure health, safety 

  
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and environmental obligations in the ordinary course of business and Indebtedness arising out of advances on exports, advances on imports, advances on trade receivables, customer prepayments and
similar transactions in the ordinary course of business; 
 (g) Indebtedness arising from the honoring by a bank or other financial
institution of a check, draft or similar instrument drawn against insufficient funds in the ordinary course of business or other cash management services in the ordinary course of business, provided that (x) such Indebtedness (other than
credit or purchase cards) is extinguished within five Business Days of its incurrence and (y) such Indebtedness in respect of credit or purchase cards is extinguished within 60 days from its incurrence; 

(h) (i) Indebtedness of a Relevant Subsidiary acquired after the Closing Date or a Person merged into, amalgamated or consolidated with
the Borrower or any Relevant Subsidiary after the Closing Date and Indebtedness assumed in connection with the acquisition of assets, which Indebtedness in each case, exists at the time of such acquisition, merger, amalgamation or consolidation and
is not created in contemplation of such event and where such acquisition, merger, amalgamation or consolidation is permitted by this Agreement and (ii) any Permitted Refinancing Indebtedness incurred to Refinance such Indebtedness,
provided that the aggregate principal amount of such Indebtedness at the time of, and after giving effect to, such acquisition, merger, amalgamation or consolidation, such assumption or such incurrence, as applicable (together with
Indebtedness outstanding pursuant to this paragraph (h), paragraph (i) of this Section 6.01 and the Remaining Present Value of outstanding leases permitted under Section 6.03), would not exceed the greater of $125.0 million
and 2.0% of Consolidated Total Assets as of the end of the fiscal quarter immediately prior to the date of such acquisition, merger, amalgamation or consolidation, such assumption or such incurrence, as applicable, for which financial statements
have been delivered pursuant to Section 5.04; 
 (i) Capital Lease Obligations, mortgage financings and purchase money Indebtedness
incurred by the Borrower or any Relevant Subsidiary prior to or within 270 days after the acquisition, lease or improvement of the respective asset permitted under this Agreement in order to finance such acquisition, lease or improvement, and any
Permitted Refinancing Indebtedness in respect thereof, in an aggregate principal amount that at the time of, and after giving effect to, the incurrence thereof (together with Indebtedness outstanding pursuant to paragraph (h) of this
Section 6.01, this paragraph (i) and the Remaining Present Value of leases permitted under Section 6.03) would not exceed the greater of $125.0 million and 2.0% of Consolidated Total Assets as of the end of the fiscal quarter
immediately prior to the date of such incurrence for which financial statements have been delivered pursuant to Section 5.04; 
 (j)
Capital Lease Obligations incurred by the Borrower or any Relevant Subsidiary in respect of any Sale and Lease-Back Transaction that is permitted under Section 6.03; 

(k) other Indebtedness, in an aggregate principal amount at any time outstanding pursuant to this Section 6.01(k) not in excess of the
greater of $100.0 million and 1.5% of Consolidated Total Assets; 
 (l) Guarantees (i) by any Loan Party of any Indebtedness of
the Borrower or any other Loan Party expressly permitted to be incurred under this Agreement, (ii) by the Borrower or any Relevant Subsidiary of Indebtedness of any Subsidiary that is not a Loan Party to the extent permitted by
Section 6.04, (iii) by any Relevant Subsidiary that is not a Loan Party of Indebtedness of another Subsidiary that is not a Loan Party and (iv) by the Borrower of Indebtedness of Foreign Subsidiaries incurred for working capital
purposes in the ordinary course of business on ordinary business terms so 

  
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long as such Indebtedness is permitted to be incurred under Section 6.01(k) or (p); provided that Guarantees by any Loan Party under this Section 6.01(l) of any other
Indebtedness of a Person that is subordinated to other Indebtedness of such Person shall be expressly subordinated to the Obligations on terms consistent with those used, or to be used, for Subordinated Intercompany Debt; 

(m) Indebtedness arising from agreements of the Borrower or any Relevant Subsidiary of the Borrower providing for indemnification, adjustment
of purchase price, earn outs or similar obligations, in each case, incurred or assumed in connection with the disposition of any business, assets or a Subsidiary, other than Guarantees of Indebtedness incurred by any Person acquiring all or any
portion of such business, assets or a Subsidiary for the purpose of financing such acquisition; 
 (n) Indebtedness supported by a Revolving
Letter of Credit, in a principal amount not in excess of the stated amount of such Revolving Letter of Credit; 
 (o) Indebtedness
consisting of Permitted Junior Debt; 
 (p) Indebtedness of Relevant Subsidiaries that are Foreign Subsidiaries (including letters of credit
or bank guarantees (other than Revolving Letters of Credit issued pursuant to Section 2.05) for working capital purposes incurred in the ordinary course of business on ordinary business terms in an aggregate amount not to exceed the greater of
$25.0 million and 0.5% of Consolidated Total Assets outstanding at any time); 
 (q) (i) Indebtedness incurred and/or assumed in
connection with Section 6.04(j) or 6.04(q); provided that the aggregate amount of such Indebtedness outstanding pursuant to this Section 6.01(q) shall not exceed $150.0 million and (ii) any Permitted Refinancing Indebtedness
incurred to Refinance such Indebtedness; and 
 (r) all premium (if any), interest (including post-petition interest), fees, expenses,
charges and additional or contingent interest on obligations described in paragraphs (a) through (q) above. 
 For purposes of
determining compliance with this Section 6.01, (i) in the event that an item of Indebtedness (or any portion thereof) meets the criteria of more than one of the categories of Indebtedness permitted in this Section 6.01, the Borrower
or a Relevant Subsidiary, as the case may be, in its sole discretion, may classify, at the time of incurrence, such item of Indebtedness (or any portion thereof) in any such category and will only be required to include such Indebtedness (or any
portion thereof) in one of the categories of Indebtedness permitted in this Section 6.01; and (ii) at the time of incurrence, the Borrower or a Relevant Subsidiary, as the case may be, in its sole discretion, may divide and classify an
item of Indebtedness (or any portion thereof) in more than one of the categories of Indebtedness permitted in this Section 6.01. 

Section 6.02. Liens. Create, incur, assume or permit to exist any Lien on any property or assets (including stock or other
securities of any Person, including of any Relevant Subsidiaries) at the time owned by it or on any income or revenues or rights in respect of any thereof, except (without duplication): 

(a) Liens on property or assets of the Borrower and its Relevant Subsidiaries existing on the Closing Date and set forth on Schedule
6.02(a); provided that such Liens shall secure only those obligations that they secure on the Closing Date (and extensions, renewals and refinancings of such obligations permitted by Section 6.01(a)) and shall not subsequently apply
to any other property or assets of the Borrower or any of its Relevant Subsidiaries; 

  
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 (b) any Lien created for the benefit of Secured Parties under the Loan Documents; 

(c) any Lien on any property or asset of the Borrower or any Relevant Subsidiary securing Indebtedness or Permitted Refinancing Indebtedness
permitted by Section 6.01(h), provided that (i) such Lien does not apply to any other property or assets of the Borrower or any Relevant Subsidiary not securing such Indebtedness at the date of the acquisition of such property or
asset (other than after-acquired property subjected to a Lien securing Indebtedness and other obligations incurred prior to such date and which Indebtedness and other obligations are permitted hereunder that require a pledge of after-acquired
property, it being understood that such requirement shall not be permitted to apply to any property to which such requirement would not have applied but for such acquisition), (ii) such Lien is not created in contemplation of or in connection
with such acquisition and (iii) in the case of a Lien securing Permitted Refinancing Indebtedness, such Lien is permitted in accordance with clause (e) of the definition of the term “Permitted Refinancing Indebtedness”; 

(d) Liens for Taxes, assessments or other governmental charges or levies not yet delinquent or that are being contested in compliance with
Section 5.03; 
 (e) Liens imposed by law (including, without limitation, Liens in favor of customers for equipment under order or in
respect of advances paid in connection therewith) such as landlord’s, carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s, construction or other like Liens arising in the ordinary course of business and
securing obligations that are not overdue by more than 45 days or that are being contested in good faith by appropriate proceedings and in respect of which, if applicable, the Borrower or any Relevant Subsidiary shall have set aside on its
books reserves in accordance with GAAP; 
 (f) (i) pledges and deposits made in the ordinary course of business in compliance with the
Federal Employers Liability Act or any other workers’ compensation, unemployment insurance and other social security or retirement laws or regulations under U.S. or foreign law and deposits securing liability to insurance carriers under
insurance or self-insurance arrangements in respect of such obligations and (ii) pledges and deposits securing liability for reimbursement or indemnification obligations of (including obligations in respect of letters of credit or bank
guarantees for the benefit of) insurance carriers providing property, casualty or liability insurance to the Borrower or any of its Relevant Subsidiaries; 

(g) deposits to secure the performance of bids, tenders, trade contracts (other than for Indebtedness), leases, statutory obligations, surety
and appeal bonds, costs of litigation where required by law, performance and return of money bonds, warranty bonds, bids, leases, government contracts, trade contracts, completion or performance guarantees and other obligations of a like nature
incurred in the ordinary course of business, including those incurred to secure health, safety and environmental obligations in the ordinary course of business; 

(h) zoning restrictions, by-laws and other ordinances of Governmental Authorities, easements, trackage rights, leases, licenses, permits,
special assessments, development agreements, deferred services agreements, restrictive covenants, owners’ association encumbrances, rights-of-way, restrictions on use of Real Property and other similar encumbrances affecting Borrower’s
Real Property that do not materially interfere with the ordinary use of such property; 
 (i) purchase money security interests in equipment
or other property or improvements thereto hereafter acquired (or, in the case of improvements, constructed) by the Borrower or any of its Relevant Subsidiaries (including the interests of vendors and lessors under conditional sale

  
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and title retention agreements); provided that (i) such security interests secure Indebtedness permitted by Section 6.01(i) (including any Permitted Refinancing Indebtedness in
respect thereof), (ii) such security interests are incurred, and the Indebtedness secured thereby is created, within 270 days after such acquisition (or construction), (iii) the Indebtedness secured thereby does not exceed 100% of the cost
of such equipment or other property or improvements at the time of such acquisition (or construction), including transaction costs incurred by the Borrower or any Relevant Subsidiary in connection with such acquisition (or construction) and
(iv) such security interests do not apply to any other property or assets of the Borrower or any Relevant Subsidiary (other than to accessions to such equipment or other property or improvements); provided further that individual
financings of equipment provided by a single lender may be cross-collateralized to other financings of equipment provided solely by such lender; 

(j) Liens arising out of capitalized lease transactions and the PILOT Programs permitted under Section 6.03, so long as such Liens attach
only to the property sold (or, if applicable, leased) and being leased (or, if applicable, subleased) in such transaction and any accessions thereto or proceeds thereof and related property; 

(k) Liens securing judgments that do not constitute an Event of Default under Section 7.01(j); 

(l) Liens disclosed by any title insurance policies or commitments with respect to the Mortgaged Properties and any replacement, extension or
renewal of any such Lien; provided that such replacement, extension or renewal Lien shall not cover any property other than the property that was subject to such Lien prior to such replacement, extension or renewal; provided further
that the Indebtedness and other obligations secured by such replacement, extension or renewal Lien are permitted by this Agreement; 
 (m)
any interest or title of, or Liens created by, a lessor under any leases or subleases entered into by the Borrower or any Relevant Subsidiary, as tenant, in the ordinary course of business or any interest or title of, or Lien created by the owner of
the lands underlying any right of way entered into by the Borrower or any Relevant Subsidiary, in the ordinary course of business; 
 (n)
Liens that are contractual rights of set-off and similar Liens (i) relating to the establishment of depository relations with banks or securities intermediaries not given in connection with the issuance of Indebtedness, (ii) relating to
pooled deposit or sweep accounts of the Borrower or any of its Relevant Subsidiaries to permit satisfaction of overdraft or similar obligations incurred in the ordinary course of business of the Borrower and its Relevant Subsidiaries or
(iii) relating to purchase orders and other agreements entered into with customers of the Borrower or any of its Relevant Subsidiaries in the ordinary course of business; 

(o) Liens arising solely by virtue of any statutory or common law provision relating to security intermediaries’ or banker’s liens,
rights of set-off or similar rights; 
 (p) Liens securing obligations in respect of trade-related letters of credit permitted under
Section 6.01(f) and covering the goods (or the documents of title in respect of such goods) financed by such letters of credit and the proceeds and products thereof; 

(q) licenses of intellectual property granted in the ordinary course of business; 

  
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 (r) Liens in favor of customs and revenue authorities arising as a matter of law to secure
payment of customs duties in connection with the importation of inventory (including, if applicable, natural gas), goods, machinery or other equipment; 

(s) Liens solely on any cash earnest money deposits made by the Borrower or any of its Relevant Subsidiaries in connection with any letter of
intent or purchase agreement permitted hereunder; 
 (t) Liens arising from precautionary UCC financing statement filings regarding
operating leases entered into by the Borrower or any Relevant Subsidiary in the ordinary course of business; 
 (u) Liens securing insurance
premium financing arrangements in an aggregate principal amount not to exceed 1.0% of Consolidated Total Assets, provided that such Lien is limited to the applicable insurance contracts; 

(v) Liens arising under regulation or otherwise given to a public utility or any Governmental Authority when required by such utility or
Governmental Authority in connection with the operations of the Borrower or any Relevant Subsidiary; 
 (w) Liens in connection with
subdivision agreements site plan control agreements, development agreements, facilities sharing agreements, cost sharing agreements and other similar agreements in connection with the use of Real Property; 

(x) Liens in favor of any tenant, occupant or licensee under any lease, occupancy agreement or license with the Borrower or any Relevant
Subsidiary; 
 (y) Liens restricting or prohibiting access to or from lands abutting controlled access highways or covenants affecting the
use to which lands may be put; 
 (z) Liens incurred or pledges or deposits made in favor of a Governmental Authority to secure the
performance of the Borrower or any Relevant Subsidiary under any Environmental Law or other applicable law to which any assets of such Person are subject; 

(aa) Liens consisting of minor irregularities in title, boundaries, or other minor survey defects, easements, leases, restrictions,
servitudes, licenses, permits, reservations, exceptions, zoning restrictions, rights-of-way, conditions, covenants, mineral or royalty rights or reservations or oil, gas and mineral leases and rights of others in any property of the Borrower or the
Relevant Subsidiaries, including rights of eminent domain (including those for streets, roads, bridges, pipes, pipelines, natural gas gathering systems, processing facilities, railroads, electric transmission and distribution lines, telegraph and
telephone lines, the removal of oil, gas, salt or other minerals or other similar purposes, flood control, air rights, water rights, rights of others with respect to navigable waters, sewage and drainage rights) that exist as of the Closing Date or
at the time the affected property is acquired, or are granted by the Borrower or any Relevant Subsidiary in the ordinary course of business and other similar charges or encumbrances which do not secure the payment of Indebtedness and otherwise do
not materially interfere with the occupation, use and enjoyment by the Borrower or any Relevant Subsidiary of any Mortgaged Property in the normal course of business or materially impair the value thereof; and 

(bb) contractual Liens that arise in the ordinary course of business under operating agreements, joint venture agreements, oil and gas
partnership agreements, oil and gas leases, farm-out 

  
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agreements, division orders, contracts for the sale, transportation or exchange of oil and natural gas and/or hydrocarbons or salt products, unitization and pooling declarations and agreements,
area of mutual interest agreements, overriding royalty agreements, marketing agreements, processing agreements, net profits agreements, development agreements, gas balancing or deferred production agreements, injection, repressuring and recycling
agreements, salt water or other disposal agreements, seismic or other geophysical permits or agreements, and other agreements which are usual and customary in the oil and gas business and/or salt manufacturing business and are for claims which are
not delinquent or which are being contested in good faith by appropriate action and for which adequate reserves have been maintained in accordance with GAAP; provided, that any such Lien referred to in this clause (bb) does not materially
impair (i) the use of the property covered by such Lien for the purposes for which such Property is held by the Borrower or any Relevant Subsidiary, or (ii) the value of such Property subject thereto; 

(cc) Liens on the assets of a Foreign Subsidiary that do not constitute Collateral and which secure Indebtedness of such Foreign Subsidiary
that is not otherwise secured by a Lien on the Collateral under the Loan Documents and which Indebtedness is permitted to be incurred under Section 6.01(k); 

(dd) Liens upon specific items of inventory or other goods (other than rigs) and proceeds of the Borrower or any of its Subsidiaries securing
such Person’s obligations in respect of banker’s acceptances issued or created for the account of such Person to facilitate the purchase, shipment or storage of such inventory or other goods (other than rigs); 

(ee) Liens on the assets of a Foreign Subsidiary which secure Indebtedness of such Foreign Subsidiary that is permitted to be incurred under
Section 6.01(p); 
 (ff) licenses granted in the ordinary course of business and leases of property of the Loan Parties that are not
material to the business and operations of the Loan Parties; 
 (gg) Liens not otherwise permitted under this Section 6.02 securing
obligations in an aggregate amount not to exceed the greater of (x) $50.0 million and (y) 0.75% of Consolidated Total Assets; provided that to the extent such Liens permitted under this clause (gg) secure Indebtedness incurred in
connection with a Permitted Business Acquisition pursuant to Section 6.01(q), such Liens shall only be permitted to encumber the assets acquired pursuant to such Permitted Business Acquisition and shall not be permitted to encumber any other
assets of the Borrower, any Material Subsidiary or any Subsidiary Loan Party. 
 For purposes of determining compliance with this
Section 6.02, (i) in the event that a Lien (or any portion thereof) meets the criteria of more than one of the categories of Liens permitted in this Section 6.02, then the Borrower or its Relevant Subsidiary, as applicable, may in its
sole discretion at the time such Lien arises classify such Lien or portion thereof in any such category and will only be required to include such Lien in one of the categories permitted above, and (ii) at the time such Lien arises, the Borrower
or its Relevant Subsidiary, as applicable, may in its sole discretion divide and classify such Lien in more than one category of Liens permitted in this Section 6.02. 

Notwithstanding the foregoing, (i) no Liens shall be permitted to exist, directly or indirectly, on Pledged Collateral, other than
Liens in favor of the Collateral Agent and Liens arising by operation of law, (ii) no Liens shall be permitted to exist, directly or indirectly, on Pledged Collateral that are prior and superior in right to Liens in favor of the Collateral
Agent other than Liens that have priority by operation of law, (iii) no Liens shall be permitted to exist, directly or indirectly, on Collateral (other than Pledged Collateral) that are prior and superior in right to any Liens in favor of the
Collateral Agent other than Prior Liens and (iv) no Liens shall be permitted to exist, directly or indirectly, on Mortgaged Property, other than Liens in favor of the Collateral Agent, Prior Liens and Permitted Encumbrances. 

  
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 Section 6.03. Sale and Lease-back Transactions. Enter into any arrangement, directly
or indirectly, with any Person whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease such property or other property that it intends to
use for substantially the same purpose or purposes as the property being sold or transferred (a “Sale and Lease-Back Transaction”), provided that a Sale and Lease-Back Transaction shall be permitted so long as at the time the
lease in connection therewith is entered into, and after giving effect to the entering into of such Lease, the Remaining Present Value of such lease (together with Indebtedness outstanding pursuant to paragraphs (h) and (i) of
Section 6.01 and the Remaining Present Value of outstanding leases previously entered into under this Section 6.03) would not exceed the greater of $125.0 million or 2.0% of Consolidated Total Assets. Notwithstanding anything to the
contrary in this Section 6.03, Borrower and its Subsidiaries may enter into any sale, lease or other transfer of assets in connection with the Borrower’s or any Subsidiary’s participation in any “Payment in Lieu of Tax
Program” or any other similar program as Borrower may, in its discretion, decide to participate in (each such program, a “PILOT Program”). As of the Effective Date, all such PILOT Programs in which the Borrower or any of its
Subsidiary’s participate in are listed on Schedule 6.03. 
 Section 6.04. Investments, Loans and Advances. Purchase,
hold or acquire (including pursuant to any merger or amalgamation with a Person that is not a Relevant Subsidiary immediately prior to such merger) any Equity Interests, evidences of Indebtedness or other securities of, make or permit to exist any
loans or advances (other than intercompany current liabilities incurred in the ordinary course of business in connection with the cash management operations of the Borrower and the Loan Parties, which cash management operations shall not extend to
any other Person) to or Guarantees of the obligations of, or make or permit to exist any investment or any other interest (each, an “Investment”), in any other Person, except: 

(a) Investments (including, but not limited to, Investments in Equity Interests, intercompany loans, and Guarantees of Indebtedness otherwise
expressly permitted hereunder) after the Closing Date by (i) Loan Parties in Subsidiaries that are not Loan Parties in an aggregate amount (valued at the time of the making thereof and without giving effect to any write-downs or write-offs
thereof) not to exceed an amount equal to the sum of, without duplication, $50.0 million plus any return of capital actually received by the respective investors in respect of investments previously made by them pursuant to this
clause 6.04(a)(i) plus, an amount equal to the fair market value of any assets or property that is contributed or transferred from any Subsidiary that is not a Loan Party to any Loan Party from and after the Closing Date, (ii) Loan
Parties in other Loan Parties, (iii) by Subsidiaries that are not Loan Parties in other Subsidiaries that are not Loan Parties and (iv) by Subsidiaries that are not Loan Parties in Loan Parties; 

(b) Permitted Investments and Investments that were Permitted Investments when made; 

(c) Investments arising out of the receipt by the Borrower or any of its Relevant Subsidiaries of noncash consideration for the sale of assets
permitted under Section 6.05; 
 (d) (i) loans and advances to employees of the Borrower, any of its Relevant Subsidiaries or, to
the extent such employees are providing services rendered on behalf of the Loan Parties, any Parent Company in the ordinary course of business not to exceed $10.0 million in the aggregate at any time outstanding (calculated without regard to
write-downs or write-offs thereof) and (ii) 

  
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advances of payroll payments and expenses to employees of the Borrower, any of its Relevant Subsidiaries or, to the extent such employees are providing services on behalf of the Loan Parties, any
Parent Company in the ordinary course of business; 
 (e) accounts receivable arising and trade credit granted in the ordinary course of
business and any securities received in satisfaction or partial satisfaction thereof from financially troubled account debtors to the extent reasonably necessary in order to prevent or limit loss and any prepayments and other credits to suppliers
made in the ordinary course of business; 
 (f) Swap Agreements permitted pursuant to Section 6.12; 

(g) Investments existing on the Closing Date and/or Investments contemplated as of the Closing Date and in each case, set forth on Schedule
6.04; 
 (h) Investments resulting from pledges and deposits referred to in Section 6.02(f) and (g); 

(i) so long as immediately before and after giving effect to such Investment no Default or Event of Default has occurred and is continuing,
other Investments by the Borrower or any of its Relevant Subsidiaries in an aggregate amount (valued at the time of the making thereof, and without giving effect to any write-downs or write-offs thereof) not to exceed the greater of $250.0
million and 4.0% of Consolidated Total Assets (plus any returns of capital actually received by the respective investor in respect of investments theretofore made by it pursuant to this paragraph (i)); 

(j) Investments constituting Permitted Business Acquisitions, so long as any Person acquired in connection with such Permitted Business
Acquisitions and each of such Person’s Subsidiaries becomes a Subsidiary Loan Party to the extent required by Section 5.10; 
 (k)
additional Investments to the extent made with proceeds of Equity Interests of the Borrower; 
 (l) Investments (including, but not limited
to, Investments in Equity Interests, intercompany loans, and Guarantees of Indebtedness otherwise expressly permitted hereunder) after the Closing Date by Relevant Subsidiaries that are not Loan Parties in any Loan Party or other Subsidiaries; 

(m) the Transactions; 
 (n)
Investments received in connection with the bankruptcy or reorganization of, or settlement of delinquent accounts and disputes with or judgments against, customers and suppliers, in each case in the ordinary course of business; 

(o) Investments of a Relevant Subsidiary of the Borrower acquired after the Closing Date or of a corporation merged or amalgamated or
consolidated into the Borrower or merged or amalgamated into or consolidated with a Relevant Subsidiary of the Borrower in accordance with Section 6.05 after the Closing Date to the extent that such Investments were not made in contemplation of
or in connection with such acquisition, merger or consolidation and were in existence on the date of such acquisition, merger, amalgamation or consolidation; 

  
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 (p) Guarantees by the Borrower or any of its Relevant Subsidiaries of operating leases (other
than Capital Lease Obligations) or of other obligations that do not constitute Indebtedness, in each case entered into by any Subsidiary in the ordinary course of business; and 

(q) so long as immediately before and after giving effect to such Investment no Default or Event of Default has occurred and is continuing,
Investments in Restricted Subsidiaries; provided that the Borrower is in compliance with the Financial Performance Covenants on a Pro Forma Basis after giving effect to any such Investment. 

Section 6.05. Mergers, Consolidations, Sales of Assets and Acquisitions. Merge into, amalgamate with or consolidate with any other
Person, or permit any other Person to merge into, amalgamate with or consolidate with it, or sell, transfer, lease or otherwise dispose of (in one transaction or in a series of transactions) all or any part of its assets (whether now owned or
hereafter acquired), or issue, sell, transfer or otherwise dispose of any Equity Interests of the Borrower or any Relevant Subsidiary or preferred equity interests of the Borrower or any Relevant Subsidiary, or purchase, lease or otherwise acquire
(in one transaction or a series of transactions) all or any substantial part of the assets of any other Person, except that this Section shall not prohibit: 

(a) (i) the purchase and sale of inventory, supplies, materials and equipment and the purchase and sale of rights or licenses or leases
of intellectual property, in each case in the ordinary course of business by the Borrower or any of its Relevant Subsidiaries, (ii) the sale of any other asset in the ordinary course of business by the Borrower or any of its Relevant
Subsidiaries, (iii) the sale of surplus, obsolete or worn out equipment or other property in the ordinary course of business by the Borrower or any of its Relevant Subsidiaries, including motor vehicles or (iv) the sale of Permitted
Investments in the ordinary course of business; 
 (b) if at the time thereof and immediately after giving effect thereto no Event of
Default shall have occurred and be continuing, (i) the merger or consolidation of any Relevant Subsidiary of the Borrower into the Borrower in a transaction in which the Borrower is the surviving corporation, (ii) the merger or
consolidation of any Relevant Subsidiary of the Borrower into or with any Loan Party in a transaction in which the surviving or resulting entity is a Loan Party and, in the case of each of clauses (i) and (ii), no Person other than the Borrower
or a Loan Party receives any consideration, (iii) the merger, amalgamation or consolidation of any Subsidiary of the Borrower that is not a Loan Party into or with any other Subsidiary of the Borrower that is not a Loan Party, (iv) the
liquidation, winding up, or dissolution or change in form of entity of any Relevant Subsidiary of the Borrower if the Borrower determines in good faith that such liquidation, winding up, dissolution or change in form is in the best interests of the
Borrower and is not materially disadvantageous to the Lenders or (v) the change in form of entity of the Borrower if the Borrower determines in good faith that such change in form is in the best interests of the Borrower and is not materially
disadvantageous to the Lenders; 
 (c) sales, transfers, leases or other dispositions to the Borrower or a Subsidiary of the Borrower (upon
voluntary liquidation or otherwise); provided that any sales, transfers, leases or other dispositions by a Loan Party to a Subsidiary of the Borrower that is not a Loan Party shall be made in compliance with Section 6.07; provided
further that the aggregate gross proceeds of any sales, transfers, leases or other dispositions by a Loan Party to a Subsidiary that is not a Loan Party in reliance upon this paragraph (c) and the aggregate gross proceeds of any or all
assets sold, transferred or leased in reliance upon paragraph (g) below shall not exceed, in any fiscal year of the Borrower, 1.5% of Consolidated Total Assets as of the end of the immediately preceding fiscal year; 

(d) Sale and Lease-Back Transactions permitted by Section 6.03; 

  
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 (e) Investments permitted by Section 6.04, Liens permitted by Section 6.02 and
Dividends permitted by Section 6.06; 
 (f) the sale of defaulted receivables in the ordinary course of business and not as part of an
accounts receivables financing transaction; 
 (g) sales, transfers, leases or other dispositions of assets not otherwise permitted by this
Section 6.05; provided that the aggregate gross proceeds (including noncash proceeds) of any or all assets sold, transferred, leased or otherwise disposed of in reliance upon this paragraph (g) and in reliance upon the second
proviso to paragraph (c) above shall not exceed, in any fiscal year of the Borrower, 1.5% of Consolidated Total Assets as of the end of the immediately preceding fiscal year; provided further that the Net Proceeds thereof are applied in
accordance with Section 2.11(c); and provided further that after giving effect thereto, no Default or Event of Default shall have occurred; 

(h) any merger or consolidation in connection with a Permitted Business Acquisition, provided that following any such merger or
consolidation (i) involving the Borrower, the Borrower is the surviving corporation and (ii) involving a Relevant Subsidiary, the surviving or resulting entity shall be a Loan Party; 

(i) licensing and cross-licensing arrangements involving any technology or other intellectual property of the Borrower or any Relevant
Subsidiary in the ordinary course of business; 
 (j) abandonment, cancellation or disposition of any intellectual property of the Borrower
in the ordinary course of business; 
 (k) any issuance or sale of Equity Interests in, or Indebtedness or other securities of, an
Unrestricted Subsidiary; and 
 (l) sales, transfers, leases or other dispositions of assets or Investments in joint ventures to the extent
required by, or made pursuant to customary buy/sell arrangements between, the joint venture parties set forth in joint venture arrangements and similar binding arrangements. 

Notwithstanding anything to the contrary contained in Section 6.05 above, (i) the Borrower may, so long as no Event of Default shall
have occurred and be continuing or would result therefrom, sell, grant or otherwise issue Equity Interests to members of management of the Borrower or any of the Subsidiaries of the Borrower that are Loan Parties pursuant to stock option, stock
ownership, stock incentive or similar plans, (ii) no sale, transfer or other disposition of assets shall be permitted by this Section 6.05 (other than sales, transfers, leases or other dispositions to Loan Parties pursuant to
paragraph (c) hereof) unless such disposition is for fair market value, (iii) no sale, transfer or other disposition of assets shall be permitted by paragraph (a), (d), or (j) of this Section 6.05 unless such disposition is
for at least 75% cash consideration and (iv) no sale, transfer or other disposition of assets in excess of $20.0 million shall be permitted by paragraph (g) of this Section 6.05 unless such disposition is for at least 75% cash
consideration; provided that for purposes of clauses (iii) and (iv), the amount of any secured Indebtedness or other Indebtedness of a Subsidiary of the Borrower that is not a Loan Party (as shown on the Borrower’s or such
Subsidiary’s most recent balance sheet or in the notes thereto) that is assumed by the transferee of any such assets shall be deemed to be cash. 

Section 6.06. Dividends and Distributions. Declare or pay, directly or indirectly, any dividend or make any other
distribution (by reduction of capital or otherwise), whether in cash, property, securities or a combination thereof, with respect to any of its Equity Interests (other than dividends and 

  
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distributions on Equity Interests payable solely by the issuance of additional shares of Equity Interests of the Person paying such dividends or distributions) or directly or indirectly redeem,
purchase, retire or otherwise acquire for value any shares of any class of its Equity Interests or set aside any amount for any such purpose; provided, however, that: 

(a) any Relevant Subsidiary of the Borrower may declare and pay dividends to, repurchase its Equity Interests from, or make other
distributions to, the Borrower or any Relevant Subsidiary (or, in the case of Relevant Subsidiaries that are not Wholly Owned Subsidiaries of the Borrower, to the Borrower or any Subsidiary that is a direct or indirect parent of such Subsidiary and
to each other owner of Equity Interests of such Subsidiary on a pro rata basis (or more favorable basis from the perspective of the Borrower or such Subsidiary) based on their relative ownership interests); 

(b) the Borrower and each of its Relevant Subsidiaries may repurchase, redeem or otherwise acquire or retire to finance any such repurchase,
redemption or other acquisition or retirement for value any Equity Interests of the Borrower or any of its Relevant Subsidiaries held by any current or former officer, director, consultant, or employee of the Borrower or any Subsidiary of the
Borrower or, to the extent such Equity Interests were issued as compensation for services rendered on behalf of the Loan Parties, any employee of any Parent Company, pursuant to any equity subscription agreement, stock option agreement,
shareholders’, members’ or partnership agreement or similar agreement, plan or arrangement or any Plan and the Borrower and Relevant Subsidiaries may declare and pay dividends to the Borrower or any other Relevant Subsidiary of the
Borrower the proceeds of which are used for such purposes, provided that the aggregate amount of such purchases or redemptions in cash under this paragraph (b) shall not exceed in any fiscal year $10.0 million (plus the amount of
net proceeds (x) received by the Borrower during such calendar year from sales of Equity Interests of the Borrower to directors, consultants, officers or employees of the Borrower or any of its Affiliates in connection with permitted employee
compensation and incentive arrangements and (y) of any key-man life insurance policies received during such calendar year) which, if not used in any year, may be carried forward to any subsequent calendar year; 

(c) noncash repurchases, redemptions or exchanges of Equity Interests deemed to occur upon exercise of stock options or exchange of
exchangeable shares if such Equity Interests represent a portion of the exercise price of such options; 
 (d) provided no Default or Event
of Default then exists or would result therefrom, the Borrower may declare and pay dividends or make other distributions from the proceeds of any issuance of Equity Interests permitted to be made under this Agreement; and 

(e) provided no Default or Event of Default then exists or would result therefrom, the Borrower may declare or make a distribution on or with
respect to the Equity Interests of the Borrower during any fiscal quarter in accordance with the Limited Partnership Agreement in an amount not to exceed Available Cash. 

Section 6.07. Transactions with Affiliates. (a) Sell or transfer any property or assets to, or purchase or acquire any
property or assets from, or otherwise engage in any other transaction with, any of its Affiliates, unless such transaction is upon terms no less favorable to the Borrower or such Relevant Subsidiary, as applicable, than would be obtained in a
comparable arm’s-length transaction with a Person that is not an Affiliate; provided that this clause (a) shall not apply to the indemnification of directors (or persons holding similar positions for
non-corporate entities) of the Borrower and its Relevant Subsidiaries in accordance with customary practice. 

  
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 (b) The foregoing paragraph (a) shall not prohibit, to the extent otherwise permitted under
this Agreement, 
 (i) any issuance of securities, or other payments, awards or grants in cash, securities or otherwise
pursuant to, or the funding of, employment arrangements, stock options, stock ownership plans, including restricted stock plans, stock grants, directed share programs and other equity based plans customarily maintained by similar companies and the
granting and performance of registration rights approved by Crestwood GP or the board of directors (or other applicable governing body) of the Borrower or any Relevant Subsidiary, as applicable, 

(ii) transactions among the Borrower and the other Loan Parties and transactions among the Relevant Subsidiaries that are not
Loan Parties otherwise permitted by this Agreement, 
 (iii) any indemnification agreement or any similar arrangement entered
into with directors, officers, consultants and employees of the Borrower or any of its Affiliates in the ordinary course of business and the payment of fees and indemnities to directors, officers, consultants and employees of the Borrower and its
Relevant Subsidiaries in the ordinary course of business and, to the extent such fees and indemnities are directly attributable to services rendered on behalf of the Loan Parties, any employee of any Parent Company, 

(iv) transactions pursuant to permitted agreements in existence on the Closing Date and set forth on Schedule 6.07 or
any amendment thereto to the extent such amendment is not adverse to the Lenders in any material respect, 
 (v) any
employment agreement or employee benefit plan entered into by the Borrower or any of its Affiliates in the ordinary course of business or consistent with past practice and payments pursuant thereto, 

(vi) transactions otherwise permitted under Section 6.06 and Investments permitted by Section 6.04; provided
that this clause (vi) shall not apply to any Investment, whether direct or indirect, in either (x) Persons that were not Subsidiaries immediately prior to such Investment or (y) Persons that are not Subsidiaries immediately after such
Investment, 
 (vii) any purchase by the Sponsors or any Sponsor Affiliate of Equity Interests of the Borrower, 

(viii) payments by the Borrower or any of its Relevant Subsidiaries to the Sponsors or any Sponsor Affiliate made for any
financial advisory, financing, underwriting or placement services or in respect of other investment banking activities, including in connection with acquisitions or divestitures, which payments are approved by Crestwood GP or the board of directors
(or other applicable governing body) of the Borrower or any Relevant Subsidiary, as applicable, in good faith, 
 (ix) the
existence of, or the performance by the Borrower or any of its Relevant Subsidiaries of its obligations under the terms of, the Merger Documents, or any agreement contemplated thereunder to which it is a party as of the Closing Date,
provided, however, that the existence of, or the performance by the Borrower or any Relevant Subsidiary of obligations under any future amendment to any such existing agreement or under any similar agreement entered into after the
Closing Date shall only be permitted by this clause (ix) to the extent that the terms of any such amendment or new agreement are not otherwise disadvantageous to the Lenders in any material respect, 

  
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 (x) transactions with any Affiliate for the purchase or sale of goods, products,
parts and services entered into in the ordinary course of business in a manner consistent with past practice, 
 (xi) any
transaction in respect of which the Borrower delivers to the Administrative Agent (for delivery to the Lenders) a letter addressed to the Borrower from an accounting, appraisal or investment banking firm, in each case of nationally recognized
standing that is (A) in the good faith determination of the Borrower qualified to render such letter and (B) reasonably satisfactory to the Administrative Agent, which letter states that such transaction is on terms that are no less
favorable to the Borrower or Relevant Subsidiary, as applicable, than would be obtained in a comparable arm’s-length transaction with a Person that is not an Affiliate, 

(xii) the payment of all fees, expenses, bonuses and awards related to the Transactions contemplated by the Merger Documents,

 (xiii) so long as not otherwise prohibited under this Agreement, guarantees of performance by the Borrower or any Relevant
Subsidiary of any other Subsidiary or the Borrower that is not a Loan Party in the ordinary course of business, except for guarantees of Indebtedness in respect of borrowed money, 

(xiv) if such transaction is with a Person in its capacity as a holder (A) of Indebtedness of the Borrower or any Relevant
Subsidiary of the Borrower where such Person is treated no more favorably than the other holders of Indebtedness of the Borrower or any such Relevant Subsidiary or (B) of Equity Interests of the Borrower or any Relevant Subsidiary of the
Borrower where such Person is treated no more favorably than the other holders of Equity Interests of the Borrower or such Relevant Subsidiary, 

(xv) the transactions contemplated hereby and the payment of fees and expenses related thereto, 

(xvi) payments by the Borrower or any of its Relevant Subsidiaries to any Affiliate in respect of compensation, expense
reimbursement, or benefits to or for the benefit of current or former employees, independent contractors or directors of the Borrower or any of its Subsidiaries or, to the extent such compensation, expense reimbursement, or benefits are directly
attributable to services rendered on behalf of the Loan Parties, any employee of any Parent Company, including, without limitation, pursuant to the terms and conditions of the Omnibus Agreement and the Limited Partnership Agreement, and 

(xvii) the making of any Permitted Drop-Down Acquisition. 

Section 6.08. Business of the Borrower and the Subsidiaries. Notwithstanding any other provisions hereof, engage at any
time in any business or business activity other than any business or business activity conducted by it on the Closing Date, Midstream Activities and any business or business activities incidental or related thereto, or any business or activity that
is reasonably similar thereto or a reasonable extension, development or expansion thereof or ancillary thereto, including, without limitation, the consummation of the Transactions. 

  
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 Section 6.09. Limitation on Modifications of Indebtedness; Modifications of Certificate
of Incorporation, By-laws and Certain Other Agreements; etc. (a) Amend or modify or grant any waiver or release under or terminate in any manner the articles or certificate of incorporation or by-laws or partnership agreement (including the
Limited Partnership Agreement) or limited liability company operating agreement of the Borrower or any Relevant Subsidiary), the Transaction Documents, the Existing Notes Indenture or the Existing CMLP Notes Indenture, in each case, if such
amendment, modification, waiver, release or termination could reasonably be expected to result in a Material Adverse Effect or affect the assignability of any such contract or agreement in a manner that would have an adverse effect on the rights of
the Secured Parties in the Collateral (including in such agreement as Collateral); 
 (b) (i) Make, or agree or offer to pay or make,
directly or indirectly, any payment or other distribution (whether in cash, securities or other property) of or in respect of principal of or interest on the Existing Notes, the Existing CMLP Notes or other Permitted Junior Debt or any payment or
other distribution (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of the Existing Notes, the Existing CMLP
Notes or any other Permitted Junior Debt, except for (to the extent permitted by the subordination provisions thereof) (A) payments of regularly scheduled interest, (B) payments made solely with the proceeds from the issuance of common
Equity Interests or from equity contributions, (C) so long as no Default or Event of Default has occurred and is continuing or would result therefrom, prepayments of any Permitted Junior Debt, provided that, (1) no such prepayments
shall be made with the proceeds of Revolving Facility Loans and (2) no such prepayments shall be made with the proceeds of any Incremental Term Loans, and (D) (1) prepayments made with the proceeds of any Permitted Refinancing Indebtedness
in respect thereof or (2) prepayments with the proceeds of any non-cash interest bearing Equity Interests issued for such purchase that are not redeemable prior to the date that is six months following the later of the Revolving Facility
Maturity Date and any Incremental Maturity Date and that have terms and covenants no more restrictive than the Permitted Junior Debt being so refinanced; or 

(ii) Amend or modify, or permit the amendment or modification of, any provision of any Permitted Junior Debt or any agreement relating thereto
other than amendments or modifications that are not materially adverse to the Lenders and that do not affect the subordination provisions thereof (if any) in a manner adverse to the Lenders. 

(c) Enter into any agreement or instrument that by its terms restricts (i) the payment of dividends or distributions or the making of
cash advances to the Borrower or any other Loan Party by a Relevant Subsidiary or (ii) the granting of Liens by the Borrower or a Relevant Subsidiary pursuant to the Security Documents, in each case other than those arising under any Loan
Document, except, in each case, restrictions existing by reason of: 
 (A) restrictions imposed by applicable law; 

(B) contractual encumbrances or restrictions in effect on the Closing Date under any agreements related to any permitted
renewal, extension or refinancing of any Indebtedness existing on the Closing Date that does not expand the scope of any such encumbrance or restriction; 

(C) any restriction on a Relevant Subsidiary imposed pursuant to an agreement entered into for the sale or disposition of all
or substantially all the Equity Interests or assets of such Relevant Subsidiary pending the closing of such sale or disposition; 

  
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 (D) customary provisions in joint venture agreements and other similar agreements
applicable to joint ventures entered into in the ordinary course of business; 
 (E) any restrictions imposed by any
agreement relating to secured Indebtedness permitted by this Agreement to the extent that such restrictions apply only to the property or assets securing such Indebtedness; 

(F) customary provisions contained in leases or licenses of intellectual property and other similar agreements entered into in
the ordinary course of business; 
 (G) customary provisions restricting subletting or assignment of any lease governing a
leasehold interest; 
 (H) customary provisions restricting assignment of any agreement entered into in the ordinary course
of business; 
 (I) customary restrictions and conditions contained in any agreement relating to the sale of any asset
permitted under Section 6.05 pending the consummation of such sale; 
 (J) in the case of any Person that becomes a
Relevant Subsidiary after the Closing Date, any agreement in effect at the time such Person so becomes a Relevant Subsidiary, so long as such agreement was not entered into in contemplation of such Person becoming such a Relevant Subsidiary; or 

(K) restrictions imposed by any Permitted Junior Indebtedness consisting of unsecured senior Indebtedness that are
substantially similar to restrictions set forth in this Agreement and in any case do not restrict the granting of Liens pursuant to the Security Documents. 

Section 6.10. Leverage Ratio. Beginning at the end of the first full fiscal quarter ending after the Closing Date, for any Test
Period, permit the Leverage Ratio on the last day of any fiscal quarter, to be in excess of the Maximum Leverage Ratio then in effect. 

Section 6.11. Interest Coverage Ratio. Beginning at the end of the first full fiscal quarter ending after the Closing Date, for
any Test Period, permit the Interest Coverage Ratio on the last day of any fiscal quarter to be less than 2.50:1.00. 
 Section 6.12.
Swap Agreements. Enter into any Swap Agreement, other than (a) Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Relevant Subsidiary is exposed in the conduct of its
business or the management of its liabilities, and (b) Swap Agreements entered into in order to effectively cap, collar or exchange interest rates (from fixed to floating rates, from one floating rate to another floating rate or otherwise) with
respect to any interest-bearing liability or investment of the Borrower or any Relevant Subsidiary, which in the case of each of clauses (a) and (b) are entered into for bona fide risk mitigation purposes and that are not speculative in
nature. 

  
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 Section 6.13. Negative Pledge. Permit to exist any Lien on, or mortgage, assign,
pledge, or grant to any Person a security interest in or Lien on or otherwise encumber all or any portion of its Real Property located in the State of New York, whether now owned or hereafter acquired, or file or consent to the filing of, or permit
to remain in effect, any mortgage, deed of trust, financing statement or other similar notice of any Lien with respect to any of its Real Property located in the State of New York under any recording or notice statute, other than Permitted
Encumbrances and Prior Liens. 
 ARTICLE VII 

EVENTS OF DEFAULT 

Section 7.01. Events of Default. In case of the happening of any of the following events (“Events of Default”):

 (a) any representation or warranty made or deemed made by the Borrower or any other Loan Party in any Loan Document, or any
representation, warranty, statement or information contained in any report, certificate, financial statement or other instrument furnished in connection with or pursuant to any Loan Document, shall prove to have been false or misleading in any
material respect when so made, deemed made or furnished by the Borrower or any other Loan Party; 
 (b) default shall be made in the payment
of any principal of any Loan or the reimbursement with respect to any Revolving L/C Disbursement when and as the same shall become due and payable, whether at the due date thereof or at a date fixed for prepayment thereof or by acceleration thereof
or otherwise; 
 (c) default shall be made in the payment of any interest on any Loan or on any Revolving L/C Disbursement or in the payment
of any Fee or any other amount (other than an amount referred to in (b) above) due under any Loan Document, when and as the same shall become due and payable, and such default shall continue unremedied for a period of five (5) Business
Days; 
 (d) default shall be made in the due observance or performance by the Borrower or any of its Relevant Subsidiaries of any covenant,
condition or agreement contained in (i) Section 5.01(a) (with respect to the Borrower), 5.05(a), 5.08 or in Article VI; 
 (e)
default shall be made in the due observance or performance by the Borrower or any of its Relevant Subsidiaries of any covenant, condition or agreement of such Person contained in any Loan Document (other than those specified in paragraphs (b),
(c) and (d) above) and such default shall continue unremedied for a period of 30 days after notice thereof from the Administrative Agent or any Lender to the Borrower; 

(f) (i) any event or condition occurs that (x) results in any Material Indebtedness (other than Material Indebtedness under Swap
Agreements) becoming due prior to its scheduled maturity or (y) enables or permits (with all applicable grace periods having expired) the holder or holders of any Material Indebtedness or any trustee or agent on its or their behalf to cause any
Material Indebtedness to become due, or to require the prepayment, repurchase, redemption or defeasance thereof, prior to its scheduled maturity; (ii) any default occurs under any Swap Agreement that constitutes Material Indebtedness which
default could enable the other counterparty to terminate the Swap Agreement; or (iii) the Borrower or any of its Relevant Subsidiaries shall fail to pay the principal of any Material Indebtedness at the stated final maturity thereof;
provided that this clause (f) shall not apply to secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the property or assets securing such Indebtedness if such sale or transfer is permitted hereunder and
under the documents providing for such Indebtedness; 

  
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 (g) there shall have occurred a Change in Control; 

(h) an involuntary proceeding shall be commenced or an involuntary petition shall be filed in a court of competent jurisdiction seeking
(i) relief in respect of the Borrower or any of its Relevant Subsidiaries, or of a substantial part of the property or assets of the Borrower or any its Relevant Subsidiaries, taken as a whole, under Title 11 of the United States Code, as now
constituted or hereafter amended or any other federal, state or foreign bankruptcy, insolvency, receivership or similar law, (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for the Borrower
or any of its Relevant Subsidiaries or for a substantial part of the property or assets of the Borrower or any of its Relevant Subsidiaries, taken as a whole, or (iii) the winding-up or liquidation of the Borrower or any of its Relevant
Subsidiaries (except, in the case of any Relevant Subsidiary, in a transaction permitted by Section 6.05); and such proceeding or petition shall continue undismissed for 60 days or an order or decree approving or ordering any of the foregoing
shall be entered; 
 (i) the Borrower or any of its Relevant Subsidiaries shall (i) voluntarily commence any proceeding or file any
petition seeking relief under Title 11 of the United States Code, as now constituted or hereafter amended, or any other federal, state or foreign bankruptcy, insolvency, receivership or similar law, (ii) consent to the institution of, or fail
to contest in a timely and appropriate manner, any proceeding or the filing of any petition described in paragraph (h) above, (iii) apply for, request or consent to the appointment of a receiver, trustee, custodian, sequestrator,
conservator or similar official for the Borrower or any of its Relevant Subsidiaries or for a substantial part of the property or assets of the Borrower or any of its Relevant Subsidiaries, taken as a whole, (iv) file an answer admitting the
material allegations of a petition filed against it in any such proceeding, (v) make a general assignment for the benefit of creditors or (vi) become unable, admit in writing its inability or fail generally to pay its debts as they become
due; 
 (j) the failure by the Borrower or any of its Relevant Subsidiaries to pay one or more final judgments aggregating in excess of
$50.0 million (net of any amounts which are covered by insurance or bonded), which judgments are not discharged or effectively waived or stayed for a period of 30 consecutive days, or any action shall be legally taken by a judgment creditor to
levy upon assets or properties of the Borrower or any of its Relevant Subsidiaries to enforce any such judgment; 
 (k) one or more ERISA
Events shall have occurred that, when taken together with all other ERISA Events that have occurred, could reasonably be expected to result in a Material Adverse Effect; 

(l) (i) any Loan Document shall for any reason be asserted in writing by the Borrower or any other Loan Party not to be a legal, valid
and binding obligation of any party thereto, (ii) any security interest purported to be created by any Security Document and to extend to Collateral that is not immaterial to the Loan Parties on a consolidated basis shall cease to be, or shall
be asserted in writing by any Loan Party not to be, a valid and perfected security interest (having the priority required by this Agreement or the relevant Security Document) in the securities, assets or properties covered thereby, except to the
extent that (x) any such loss of perfection or priority results from the failure of the Collateral Agent to maintain possession of certificates actually delivered to it representing securities pledged under the Collateral Agreements or to file
UCC continuation statements, (y) such loss is covered by a lender’s title insurance policy and the Administrative Agent shall be reasonably satisfied with the credit of such insurer or (z) any such loss of validity, perfection or
priority is the result of any failure by the Collateral 

  
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Agent or the Administrative Agent to take any action necessary to secure the validity, perfection or priority of the Liens or (iii) the Guarantees by any Loan Party of any of the Obligations
shall cease to be in full force and effect (other than in accordance with the terms thereof), or shall be asserted in writing by the Borrower or any other Loan Party or any other Person not to be in effect or not to be legal, valid and binding
obligations; or 
 (m) (A) any Environmental Claim against the Borrower or any of its Relevant Subsidiaries, (B) any Liability of
the Borrower or any of its Relevant Subsidiaries for any Release or threatened Release of Hazardous Materials or (C) any Liability of the Borrower or any of its Relevant Subsidiaries for any actual or alleged presence, Release or threatened
Release of Hazardous Materials at, under, on or from any Real Property currently or formerly owned, leased or operated by any predecessor of the Borrower or any of its Relevant Subsidiaries, or any property at which the Borrower or any of its
Relevant Subsidiaries has sent Hazardous Materials for treatment, storage or disposal, (each, an “Environmental Event”) shall have occurred that, when taken together with all other Environmental Events that have occurred, could
reasonably be expected to result in a Material Adverse Effect; 
 then, and in every such event (other than an event with respect to the Borrower described
in paragraph (h) or (i) above), and at any time thereafter during the continuance of such event, the Administrative Agent, at the request of the Required Lenders, shall, by notice to the Borrower, take any or all of the following actions,
at the same or different times: (i) terminate forthwith the Commitments, (ii) declare the Loans then outstanding to be forthwith due and payable in whole or in part, whereupon the principal of the Loans so declared to be due and payable,
together with accrued interest thereon and any unpaid accrued Fees and all other liabilities of the Borrower accrued hereunder and under any other Loan Document, shall become forthwith due and payable, without presentment, demand, protest or any
other notice of any kind, all of which are hereby expressly waived by the Borrower, anything contained herein or in any other Loan Document to the contrary notwithstanding and (iii) demand cash collateral pursuant to Section 2.05(j); and
in any event described in paragraph (h) or (i) above, the Commitments shall automatically terminate, the principal of the Loans then outstanding, together with accrued interest thereon and any unpaid accrued Fees and all other liabilities
of the Borrower accrued hereunder and under any other Loan Document, shall automatically become due and payable and the Administrative Agent shall be deemed to have made a demand for cash collateral to the full extent permitted under
Section 2.05(j), without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived by the Borrower, anything contained herein or in any other Loan Document to the contrary notwithstanding. 

ARTICLE VIII 
 THE AGENTS 

Section 8.01. Appointment and Authority. (a) Each of the Lenders and the Issuing Banks hereby irrevocably appoints Wells
Fargo to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent
by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. 
 (b) Wells Fargo shall also
act as the Collateral Agent under the Loan Documents, and each of the Lenders (including in its capacities as a potential Specified Swap Counterparty and a potential Cash Management Bank) and the Issuing Banks hereby irrevocably appoints and
authorizes the Administrative Agent to act as the agent of such Lender or Issuing Bank for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Loan Parties to secure any of the Obligations, together
with such powers and discretion as are reasonably incidental thereto. In this connection, the Collateral Agent and any co-agents, sub-agents and attorneys-in-fact appointed by the 

  
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Collateral Agent pursuant to Section 8.05 for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Security Documents, or for exercising any
rights and remedies thereunder at the direction of the Administrative Agent, shall be entitled to the benefits of all provisions of this Article VIII and Article IX (including Section 8.12) as though such co-agents, sub-agents and
attorneys-in-fact were the Collateral Agent under the Loan Documents as if set forth in full herein with respect thereto. 
 (c) Each of
Citibank, N.A. and Bank of America, N.A. is hereby appointed to act as a Syndication Agent. 
 (d) Each of Barclays Bank PLC, J.P. Morgan
Securities LLC, Morgan Stanley Senior Funding, Inc., RBC Capital Markets and SunTrust Bank are hereby appointed to act as a Co-Documentation Agent. 

(e) The provisions of this Article are solely for the benefit of the Administrative Agent, the Collateral Agent, any appointees thereof, the
Lenders and the Issuing Banks, and neither the Borrower nor any other Loan Party shall have rights as a third party beneficiary of any of such provisions. 

Section 8.02. Rights as a Lender. Any Person serving as an 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 an Agent, and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include a Person
serving as an 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 an Agent hereunder and without any duty to account therefor to the Lenders. 

Section 8.03. Exculpatory Provisions. No Agent shall have any duties or obligations except those expressly set forth herein and in
the other Loan Documents. Without limiting the generality of the foregoing, no Agent: 
 (a) shall be subject to any fiduciary or other
implied duties, regardless of whether a Default or Event of Default has occurred and is continuing; 
 (b) shall 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 such 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 no Agent shall be required to take any action that, in its opinion or the opinion of its counsel, may
expose such Agent to liability or that is contrary to any Loan Document or applicable law; 
 (c) shall, 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
such Agent or any of its Affiliates in any capacity; 
 (d) shall be liable for any action taken or not taken by it (i) 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 such Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 9.08 and
7.01) or (ii) in the absence of its own gross negligence or willful misconduct; 

  
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 (e) shall 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, (iv) the validity, enforceability, effectiveness or genuineness
of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value or the sufficiency of any
Collateral, 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 such Agent; and 

(f) shall be deemed to have knowledge of any Default or Event of Default unless and until notice describing such Default or Event of Default
is given to such Agent by the Borrower, a Lender or an Issuing Bank. 
 Section 8.04. Reliance by Agents. Any 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) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. Any Agent also may rely upon any statement made to it orally or by telephone and 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 or issuance of a Revolving Letter of Credit that by its terms must be fulfilled to the satisfaction
of a Lender or an Issuing Bank, any Agent may presume that such condition is satisfactory to such Lender or Issuing Bank unless such Agent shall have received notice to the contrary from such Lender or Issuing Bank prior to the making of such Loan
or issuance of a Revolving Letter of Credit, as applicable. Any 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. 
 Section 8.05. Delegation of Duties.
Any 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 appointed by such Agent. Any 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 each Agent and any such sub-agent, and
shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as an Agent. 

Section 8.06. Resignation of the Agents. Any Agent may at any time give notice of its resignation to the Lenders, Issuing
Banks and the Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right to appoint a successor with the consent of the Borrower (not to be unreasonably withheld or delayed), which shall be a financial
institution with an office in the United States, or an Affiliate of any such financial institution with an office in the United States. During an Agent Default Period, the Borrower and the Required Lenders may remove the relevant Agent subject to
the execution and delivery by the Borrower and the Required Lenders of removal and liability release agreements reasonably satisfactory to the relevant Agent, which removal shall be effective upon the acceptance of appointment by a successor as such
Agent. Upon any proposed removal 

  
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of an Agent during an Agent Default Period, the Required Lenders shall have the right to appoint a successor with the consent of the Borrower (not to be unreasonably withheld or delayed), which
shall be a financial institution with an office in the United States, or an Affiliate of any such financial institution with an office in the United States. In the case of the resignation of an Agent, if no such successor shall have been so
appointed by the Required Lenders and the Borrower and shall have accepted such appointment within 30 days after the retiring Agent gives notice of its resignation, then such resignation shall nonetheless become effective in accordance with such
notice and (a) the retiring Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral security held by the Collateral Agent on behalf of the Secured Parties
under any of the Loan Documents, the retiring Collateral Agent shall continue to hold such collateral security, as bailee, until such time as a successor Collateral Agent is appointed), (b) all payments, communications and determinations
provided to be made by, to or through the Administrative Agent shall instead be made by or to each Lender or Issuing Bank directly, until such time as the Required Lenders and the Borrower appoint a successor Administrative Agent as provided for
above in this Section and (c) the Borrower and the Lenders agree that in no event shall the retiring Agent or any of its Affiliates or any of their respective officers, directors, employees, agents advisors or representatives have any liability
to the Loan Parties, any Lender or any other Person or entity for damages of any kind, including, without limitation, direct or indirect, special, incidental or consequential damages, losses or expenses (whether in tort, contract or otherwise)
arising out of the failure of a successor Agent to be appointed and to accept such appointment. 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) or removed Agent, and the retiring or removed Agent shall be discharged from all of its duties and obligations hereunder and under the other Loan Documents (if not already discharged
therefrom as provided above in this Section). The fees payable by the Borrower to a successor Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring
Agent’s resignation or removal hereunder and under the other Loan Documents, the provisions of this Article (including Section 8.12) and Section 9.05 shall continue in effect for the benefit of such retiring or removed 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 or removed Agent was acting as Agent. 

Section 8.07. Non-Reliance on the Agents, Other Lenders and Other Issuing Banks. Each Lender and each Issuing Bank
acknowledges that it has, independently and without reliance upon any Agent or any other Lender or Issuing Bank or any of their Related Parties 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 and each Issuing Bank also acknowledges that it will, independently and without reliance upon any Agent or any other Lender or Issuing Bank 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. 
 Section 8.08. No Other Duties, Etc. Anything herein to the contrary
notwithstanding, none of the Joint Lead Arrangers, the Syndication Agent or the Co-Documentation Agents shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable,
as an Agent, a Lender or an Issuing Bank hereunder. 
 Section 8.09. Administrative Agent May File Proofs of Claim. In case of
the pendency of any proceeding under any federal, state or foreign bankruptcy, insolvency, receivership or similar law or any other judicial proceeding relative to any Loan Party, the Administrative Agent (irrespective of

  
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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 Administrative Agent shall have made any demand
on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise: 
 (a) 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, the
Issuing Banks and the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Lenders, the Issuing Banks and the Administrative Agent and their respective agents and counsel and all
other amounts due the Lenders, the Issuing Banks and the Administrative Agent under Sections 2.12, 8.12, and 9.05) allowed in such judicial proceeding; and 

(b) 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 and each Issuing Bank to make such payments to the Administrative Agent and, if the Administrative Agent shall consent to the making of such payments directly to the Lenders and the Issuing Banks, to pay to the Administrative Agent any
amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts due the Administrative Agent under Sections 2.12, 8.12, and 9.05. 

Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of any
Lender or any Issuing Bank any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or any Issuing Bank to authorize the Administrative Agent to vote in respect of the claim of any
Lender or any Issuing Bank in any such proceeding. 
 Section 8.10. Collateral and Guaranty Matters. Each of the Lenders
(including in its capacities as a potential Cash Management Bank and a potential Specified Swap Counterparty) and each of the Issuing Banks irrevocably authorizes the Administrative Agent and the Collateral Agent to release guarantees, Liens and
security interests created by the Loan Documents in accordance with the provisions of Section 9.18. Upon request by the Administrative Agent or the Collateral Agent at any time, the Required Lenders will confirm in writing such Agent’s
authority provided for in the previous sentence. 
 Section 8.11. Secured Cash Management Agreements and Secured Swap
Agreements. No Cash Management Bank or Specified Swap Counterparty that obtains the benefits of the Security Documents or any Collateral by virtue of the provisions hereof or of the Security Documents shall have any right to notice of any action
or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case,
only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article VIII to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements
have been made with respect to, Obligations arising under Secured Cash Management Agreements and Secured Swap Agreements unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as
the Administrative Agent may reasonably request, from the applicable Cash Management Bank or Specified Swap Counterparty, as the case may be. 

  
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 Section 8.12. Indemnification. Each Lender and Issuing Bank agrees (i) to
reimburse the Administrative Agent, on demand, in the amount of its pro rata share (based on its Commitments hereunder (or if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of its
applicable outstanding Loans) or portion of outstanding Revolving L/C Disbursements owed to it, as applicable) of any reasonable expenses incurred for the benefit of the Lenders and the Issuing Banks by the Administrative Agent, including reasonable
counsel fees and compensation of agents and employees paid for services rendered on behalf of the Lenders and the Issuing Banks, which shall not have been reimbursed by the Borrower and (ii) to indemnify and hold harmless the Administrative
Agent and any of its directors, officers, employees or agents, on demand, in the amount of such pro rata share, from and against any and all liabilities, Taxes, obligations, losses, damages, penalties, actions, judgments, suits, costs,
expenses or disbursements of any kind or nature whatsoever which may be imposed on, incurred by or asserted against it in its capacity as Administrative Agent or any of them in any way relating to or arising out of this Agreement or any other Loan
Document or any action taken or omitted by it or any of them under this Agreement or any other Loan Document, to the extent the same shall not have been reimbursed by the Borrower, provided that no Lender or Issuing Bank shall be liable to
the Administrative Agent for any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements to the extent found in a final non-appealable judgment by a court of competent
jurisdiction to have resulted primarily from the gross negligence or wilful misconduct of the Administrative Agent or any of its directors, officers, employees or agents. 

Section 8.13. Appointment of Supplemental Collateral Agents. (a) It is the purpose of this Agreement and the other Loan
Documents that there shall be no violation of any law of any jurisdiction denying or restricting the right of banking corporations or associations or other institutions to transact business as agent or trustee in such jurisdiction. It is recognized
that in case of litigation under this Agreement or any of the other Loan Documents, and in particular in case of the enforcement of any of the Loan Documents, or in case the Collateral Agent deems that by reason of any present or future law of any
jurisdiction it may not exercise any of the rights, powers or remedies granted herein or in any of the other Loan Documents or take any other action which may be desirable or necessary in connection therewith, it may be necessary that the Collateral
Agent appoint an additional institution as a separate trustee, co-trustee, collateral agent, collateral sub-agent or collateral co-agent (any such additional individual or institution being referred to herein
individually as a “Supplemental Collateral Agent” and collectively as “Supplemental Collateral Agents”). 

(b) In the event that the Collateral Agent appoints a Supplemental Collateral Agent with respect to any Collateral, (i) each and every
right, power, privilege or duty expressed or intended by this Agreement or any of the other Loan Documents to be exercised by or vested in or conveyed to the Collateral Agent with respect to such Collateral shall be exercisable by and vest in such
Supplemental Collateral Agent to the extent, and only to the extent, necessary to enable such Supplemental Collateral Agent to exercise such rights, powers and privileges with respect to such Collateral and to perform such duties with respect to
such Collateral, and every covenant and obligation contained in the Loan Documents and necessary to the exercise or performance thereof by such Supplemental Collateral Agent shall run to and be enforceable by either the Collateral Agent or such
Supplemental Collateral Agent, and (ii) the provisions of this Article and of Section 9.05 that refer to the Administrative Agent, the Collateral Agent or the Agents shall inure to the benefit of such Supplemental Collateral Agent and
all references therein to the Administrative Agent, the Collateral Agent or the Agents shall be deemed to be references to the Administrative Agent, the Collateral Agent or the Agents and/or such Supplemental Collateral Agent, as the context may
require. 

  
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 (c) Should any instrument in writing from any Loan Party be required by any Supplemental
Collateral Agent so appointed by the Collateral Agent for more fully and certainly vesting in and confirming to it such rights, powers, privileges and duties, such Loan Party shall execute, acknowledge and deliver any and all such instruments
promptly upon request by the Collateral Agent. In case any Supplemental Collateral Agent, or a successor thereto, shall die, become incapable of acting, resign or be removed, all the rights, powers, privileges and duties of such Supplemental
Collateral Agent, to the extent permitted by law, shall vest in and be exercised by the Collateral Agent until the appointment of a new Supplemental Collateral Agent. 

Section 8.14. Withholding. To the extent required by any applicable law, the Administrative Agent may withhold from any payment to
any Lender or Issuing Bank an amount equivalent to any applicable withholding Tax. If any payment has been made to any Lender or Issuing Bank by the Administrative Agent without the applicable withholding Tax being withheld from such payment and the
Administrative Agent has paid over the applicable withholding Tax to the Internal Revenue Service or any other Governmental Authority, or the Internal Revenue Service or any other Governmental Authority asserts a claim that the Administrative Agent
did not properly withhold Tax from amounts paid to or for the account of any Lender or Issuing Bank because the appropriate form was not delivered or was not properly executed or because such Lender or Issuing Bank failed to notify the
Administrative Agent of a change in circumstance which rendered the exemption from, or reduction of, withholding Tax ineffective or for any other reason, such Lender or Issuing Bank shall indemnify the Administrative Agent fully for all amounts
paid, directly or indirectly, by the Administrative Agent as Tax or otherwise, including any penalties or interest and together with all expenses (including legal expenses, allocated internal costs and out-of-pocket expenses) incurred. 

Section 8.15. Enforcement. Notwithstanding anything to the contrary contained herein or in any other Loan Document, the authority
to enforce rights and remedies hereunder and under the other Loan Documents against the Loan Parties or any of them shall be vested exclusively in, and all actions and proceedings at law in connection with such enforcement shall be instituted and
maintained exclusively by, the Administrative Agent or the Collateral Agent in accordance with Section 7.01 and the Security Documents for the benefit of all the Lenders and the Issuing Banks or Secured Parties, as applicable; provided,
however, that the foregoing shall not prohibit (a) the Administrative Agent or the Collateral Agent from exercising on its own behalf the rights and remedies that inure to its benefit (solely in its capacity as Administrative Agent or
Collateral Agent, as applicable) hereunder and under the other Loan Documents, (b) any Lender or Issuing Bank from exercising setoff rights in accordance with Section 9.06 (subject to the terms of Section 2.18(c)), or (c) any
Lender or Issuing Bank from filing proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to any Loan Party under any federal, state or foreign bankruptcy, insolvency, receivership or similar
law; and provided, further, that if at any time there is no Person acting as the Administrative Agent or the Collateral Agent, as applicable, hereunder and under the other Loan Documents, then (i) the Required Lenders shall have
the rights otherwise ascribed to the Administrative Agent or the Collateral Agent, as applicable, pursuant to Section 7.01 and the Security Documents, as applicable and (ii) in addition to the matters set forth in clauses (b) and
(c) of the preceding proviso and subject to Section 2.18(c), any Lender or Issuing Bank may, with the consent of the Required Lenders, enforce any rights and remedies available to it and as authorized by the Required Lenders. 

  
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 ARTICLE IX 

MISCELLANEOUS 
 Section 9.01.
Notices. (a) Notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by telecopy, as follows: 

(i) if to the Borrower, to Crestwood Midstream Partners LP, at 700 Louisiana Street, Suite 2060, Houston, Texas 77002,
Attention: Mike Campbell; fax: 816-471-3854, e-mail: mcampbell@inergyservices.com; 
 (ii) if to the Administrative Agent, to
Wells Fargo at 1525 West W.T. Harris Blvd., MAC D1109-019, Charlotte, North Carolina 28262, Attention: Chris Edwards; fax: 704-715-0017, e-mail: agencyservices.requests@wellsfargo.com; 

(iii) if to the Collateral Agent, to Wells Fargo at 1445 Ross Ave., Suite 4500, Dallas, Texas 75202, Attention: Wendy Morris;
fax: 214-721-8215, e-mail: wendy.a.morris@wellsfargo.com; and 
 (iv) if to an Issuing Bank or any Lender, to the address,
telecopier number, electronic mail address or telephone number specified in its Administrative Questionnaire. 
 (b) Notices and other
communications to the Lenders hereunder may be delivered or furnished by electronic communications pursuant to procedures approved by the Administrative Agent; provided that the foregoing shall not apply to service of process, or to notices
pursuant to Article II unless otherwise agreed by the Administrative Agent and the applicable Lender. Each of the Administrative Agent, the Collateral Agent and the Borrower may, in its discretion, agree to accept notices and other communications to
it hereunder by electronic communications pursuant to procedures approved by it; provided further that approval of such procedures may be limited to particular notices or communications. 

(c) All notices and other communications given to any party hereto in accordance with the provisions of this Agreement shall be deemed to have
been given on the date of receipt if delivered by hand or overnight courier service or sent by telecopy or (to the extent permitted by paragraph (b) above) electronic means prior to 5:00 p.m. (New York time) on such date, or on the date five
Business Days after dispatch by certified or registered mail if mailed, in each case delivered, sent or mailed (properly addressed) to such party as provided in this Section 9.01 or in accordance with the latest unrevoked direction from such
party given in accordance with this Section 9.01; provided that any notice or other communication not received by the recipient during its normal business hours will be deemed received by it upon the opening of its next Business Day.

 (d) Any party hereto may change its address or telecopy number for notices and other communications hereunder by notice to the other
parties hereto. 
 Section 9.02. Survival of Agreement. All covenants, agreements, representations and warranties made by
the Borrower and the other Loan Parties herein, in the other Loan Documents and in the certificates or other instruments prepared or delivered in connection with or pursuant to this Agreement or any other Loan Document shall be considered to have
been relied upon by the Lenders and each Issuing Bank and shall survive the making by the Lenders of the Loans, the execution and delivery of the Loan Documents and the issuance of the Letters of Credit, regardless of any investigation made by such
Persons or on their behalf, and shall continue in full force and effect as long as the principal of or 

  
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any accrued interest on any Loan or Revolving L/C Disbursement or any Fee or any other amount payable under this Agreement or any other Loan Document is outstanding and unpaid or any Revolving
Letter of Credit is outstanding and so long as the Commitments have not been terminated. Without prejudice to the survival of any other agreements contained herein, indemnification and reimbursement obligations contained herein (including pursuant
to Section 2.15, 2.16, 2.17 and 9.05) shall survive the payment in full of the principal and interest hereunder, the expiration of the Letters of Credit and the termination of the Commitments or this Agreement. 

Section 9.03. Binding Effect. This Agreement shall become effective when it shall have been executed by the Borrower and the
Agents and when the Administrative Agent shall have received copies hereof which, when taken together, bear the signatures of each of the other parties hereto, and thereafter shall be binding upon and inure to the benefit of the Borrower, each
Issuing Bank, the Agents and each Lender and their respective permitted successors and assigns. 
 Section 9.04. Successors and
Assigns. (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby (including any Affiliate of any Issuing Bank that issues any
Revolving Letter of Credit), except that (i) the Borrower may not assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of each Lender (and any attempted assignment or transfer by the Borrower
without such consent shall be null and void) and (ii) no Lender may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section. Nothing in this Agreement, expressed or implied, shall be construed to
confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby (including any Affiliate of any Issuing Bank that issues any Revolving Letter of Credit), Participants (to the extent provided in
paragraph (c) of this Section), the Lenders, the Agents, each Issuing Bank and, to the extent expressly contemplated hereby, the Related Parties of each of the Agents, each Issuing Bank, and the Lenders, and the Indemnitees) any legal or
equitable right, remedy or claim under or by reason of this Agreement. 
 (b) (i) Subject to the conditions set forth in
paragraph (b)(ii) below, any Lender may assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans at the time owing to it) with the prior
written consent (such consent not to be unreasonably withheld or delayed) of: 
 (A) the Borrower; provided that no
consent of the Borrower shall be required for (i) an assignment of all or any portion of the Incremental Term Loans (or any Replacement Term Loans) to a Lender, an Affiliate of a Lender or an Approved Fund, (ii) any assignment related to
Revolving Facility Commitments or Revolving Facility Credit Exposure to a Revolving Facility Lender or, (ii) if an Event of Default pursuant to Section 7.01(b), 7.01(c), 7.01(h) or 7.01(i) has occurred and is continuing, any other assignee
(provided that any liability of the Borrower to an assignee that is an Approved Fund or Affiliate of the assigning Lender under Section 2.15 or 2.17 shall be limited to the amount, if any, that would have been payable hereunder by the
Borrower in the absence of such assignment); and provided further that so long as no Event of Default has occurred and is continuing, the Borrower may withhold its consent if the costs or the taxes payable by the Borrower to the assignee
under Section 2.15 or 2.17 shall be greater than they would have been to assignor; 
 (B) the Administrative Agent;
provided that no consent of the Administrative Agent shall be required for an assignment to a Person that is a Lender, an Affiliate of a Lender or Approved Fund immediately prior to giving effect to such assignment; 

  
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 (C) in the case of any assignment of any Revolving Facility Commitment, each
Issuing Lender; and 
 (D) in the case of any assignment of any Revolving Facility Commitment, each Swingline Lender. 

(ii) Assignments shall be subject to the following additional conditions: 

(A) except in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, an assignment of the entire
remaining amount of the assigning Lender’s Commitment or Loans or contemporaneous assignments to related Approved Funds that equal at least $2.5 million in the aggregate, the amount of the Commitment and/or Loans, as applicable, of the
assigning Lender subject to each such assignment (determined as of the date the Assignment and Acceptance with respect to such assignment is delivered to the Administrative Agent) shall not be less than $5.0 million and increments of
$1.0 million in excess thereof unless the Borrower and the Administrative Agent otherwise consent; provided that no such consent of the Borrower shall be required if an Event of Default under paragraph (b), (c), (h) or
(i) of Section 7.01 has occurred and is continuing; 
 (B) each partial assignment shall be made as an assignment
of a proportionate part of all the assigning Lender’s rights and obligations in respect of a given Facility under this Agreement; 

(C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Acceptance; 

(D) the assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire and
any other administrative information that the Administrative Agent may reasonably request; 
 (E) no such assignment shall be
made to the Borrower or any of its Affiliates, or a Defaulting Lender; and 
 (F) notwithstanding anything to the contrary
herein, no such assignment shall be made to (x) a natural person or (y) GoldenTree Asset Management, LP or any of its Affiliates. 

For purposes of this Section 9.04(b), the term “Approved Fund” shall have the following meaning: 

“Approved Fund” shall mean any Person (other than a natural person) that is engaged in making, purchasing, holding or
investing in bank loans and similar extensions of credit in the ordinary course and that is administered or managed by a Lender, an Affiliate of a Lender or an entity or an Affiliate of an entity that administers or manages a Lender. 

(iii) Subject to acceptance and recording thereof pursuant to paragraph (b)(iv) of this Section, from and after the effective date
specified in each Assignment and Acceptance the assignee 

  
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thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment and Acceptance, have the rights and obligations of a Lender under this Agreement, and the
assigning Lender hereunder shall, to the extent of the interest assigned by such Assignment and Acceptance, be released from its obligations under this Agreement (and, in the case of an Assignment and Acceptance covering all of the assigning
Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Section 2.15, 2.16, 2.17 and 9.05). Any assignment or transfer by a Lender of rights or
obligations under this Agreement that does not comply with this Section 9.04 shall not be effective as an assignment hereunder. 
 (iv)
The Administrative Agent, acting for this purpose as an agent of the Borrower, shall maintain at one of its offices a copy of each Assignment and Acceptance delivered to it and a register for the recordation of the names and addresses of the
Lenders, and the Commitment of, and principal amount of the Loans and Revolving L/C Disbursements owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be
conclusive, and the Borrower, the Agents, each Issuing Bank and the Lenders shall 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, any Issuing Bank and any Lender, at any reasonable time and from time to time upon reasonable prior notice. 

(v) The parties to each assignment shall execute and deliver to the Administrative Agent a processing and recordation fee in the amount of
$3,500; provided, however, that the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment. Upon its receipt of a duly completed Assignment and Acceptance
executed by an assigning Lender and an assignee, any administrative information reasonably requested by the Administrative Agent (unless the assignee shall already be a Lender hereunder), any written consent to such assignment required by
paragraph (b) of this Section, and the processing and recordation fee referred to above (unless waived as set forth above), the Administrative Agent shall accept such Assignment and Acceptance and record the information contained therein in the
Register. No assignment shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this paragraph. 

(c) (i) Any Lender may, without the consent of the Borrower, the Administrative Agent or any Issuing Bank, sell participations to one or more
banks or other entities (a “Participant”) in all or a portion of such Lender’s rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans and Revolving L/C Disbursements owing to
it); provided that (A) such Lender’s obligations under this Agreement shall remain unchanged, (B) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations, (C) the
Borrower, the Agents, each Issuing Bank and the other Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement and (D) such Lender shall maintain a
register on which it enters the name and address of each Participant and the principal amounts of each Participant’s interest in the Loans (or other rights or obligations) held by it, which entries shall be conclusive absent manifest error;
provided, further, 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, letters of credit 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, letter of credit or other obligation is in registered form under
Section 5f.103-1(c) of the United States Treasury Regulations. Any agreement or instrument (oral or written) pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right to exercise rights
under and to enforce this Agreement and the other 

  
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Loan Documents and to approve any amendment, modification or waiver of any provision of this Agreement and the other Loan Documents; provided that (x) such agreement or instrument may
provide that such Lender will not, without the consent of the Participant, agree to any amendment, modification or waiver described in Section 9.04(a)(i) or clause (i) through (vii) of the first proviso to Section 9.08(b) that
affects such Participant and (y) no other agreement (oral or written) in respect of the foregoing with respect to such Participant may exist between such Lender and such Participant. Subject to paragraph (c)(ii) of this Section, the
Borrower agrees that each Participant shall be entitled to the benefits (and subject to the requirements and limitations) of Section 2.15, 2.16 and 2.17 to the same extent as if it were the Lender from whom it obtained its participation and had
acquired its interest by assignment pursuant to paragraph (b) of this Section. To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 9.06 as though it were a Lender, provided such
Participant agrees to be subject to Section 2.18(c) as though it were a Lender. 
 (ii) A Participant shall not be
entitled to receive any greater payment under Section 2.15, 2.16 or 2.17 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such
Participant is made with the Borrower’s prior written consent (which shall not be unreasonably withheld or delayed) and the Borrower may withhold its consent if a Participant would be entitled to require greater payment than the applicable
Lender under such Sections. A Participant that would be a Foreign Lender if it were a Lender shall not be entitled to the benefits of Section 2.17 to the extent such Participant fails to comply with Section 2.17(e) as though it were a
Lender. 
 (d) Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement and
its promissory note, if any, to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank or other central bank having jurisdiction over such Lender, and this Section shall not apply to any
such pledge or assignment of a security interest; provided that no such pledge or assignment of a security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a
party hereto, and any such pledgee (other than a pledgee that is the Federal Reserve Bank or other central bank having jurisdiction over such Lender) shall acknowledge in writing that its rights under such pledge are in all respects subject to the
limitations applicable to the pledging Lender under this Agreement or the other Loan Documents. 
 Section 9.05. Expenses;
Indemnity. (a) The Borrower agrees to pay all reasonable and documented out-of-pocket expenses incurred by the Agents, the Joint Lead Arrangers and their respective Affiliates in connection with the preparation of this Agreement and
the other Loan Documents, or by the Agents, the Joint Lead Arrangers and their respective Affiliates in connection with the syndication of the Commitments or the administration of this Agreement (including expenses incurred in connection with due
diligence and initial and ongoing Collateral examination to the extent incurred with the reasonable prior approval of the Borrower and the reasonable fees, disbursements and charges for no more than one counsel in each jurisdiction where Collateral
is located) or in connection with any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the Transactions hereby contemplated shall be consummated) or incurred by the Agents, the Joint Lead Arrangers and their
respective Affiliates or any Lender in connection with the enforcement or protection of their rights in connection with this Agreement and the other Loan Documents, in connection with the Loans made or the Letters of Credit issued hereunder,
including the reasonable fees, charges and disbursements of Latham & Watkins LLP, special New York counsel for the Agents and the Joint Lead Arrangers, and, in connection with any such enforcement or protection, the reasonable fees, charges
and disbursements of any other counsel (including the reasonable and documented allocated costs of internal counsel for the Agents, the Joint Lead Arrangers, any Issuing Bank or any Lender); provided, that, absent any conflict of interest, the
Agents and the Joint Lead Arrangers shall not be entitled to indemnification for the fees, charges or disbursements of more than one counsel in each jurisdiction. 

  
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 (b) The Borrower agrees to indemnify the Agents, the Joint Lead Arrangers, the Syndication
Agents, the Co-Documentation Agents, each Issuing Bank, each Lender and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and to hold each Indemnitee harmless from, any and
all losses, claims, damages, liabilities and related expenses, including reasonable and documented counsel fees, charges and disbursements, incurred by or asserted against any Indemnitee arising out of, in any way connected with, or as a result of
(i) the execution or delivery of the Commitment Letter, this Agreement or any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto and thereto of their respective obligations
thereunder or the consummation of the Transactions and the other transactions contemplated hereby or thereby, (ii) the use of the proceeds of the Loans or the use of any Revolving Letter of Credit or (iii) any claim, litigation,
investigation or proceeding relating to any of the foregoing, whether or not the Borrower, its Subsidiaries or any Indemnitee initiated or is a party thereto, provided that such indemnity shall not, as to any Indemnitee, be available to the
extent that such losses, claims, damages, liabilities or related expenses are determined in a final, non-appealable judgment of a court of competent jurisdiction to have resulted from the gross negligence, bad faith, material breach of this
Agreement or any of the Loan Documents or willful misconduct of such Indemnitee (treating, for this purpose only, any Agent, any Joint Lead Arranger, any Issuing Bank, any Lender and any of their respective Related Parties as a single Indemnitee).
Subject to and without limiting the generality of the foregoing sentence, the Borrower agrees to indemnify each Indemnitee against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses,
including reasonable and documented counsel or consultant fees, charges and disbursements, incurred by or asserted against any Indemnitee arising out of, in any way connected with, or as a result of (A) any Environmental Event or Environmental
Claim related in any way to the Borrower or any of its Subsidiaries, or (B) any actual or alleged presence, Release or threatened Release of Hazardous Materials at, under, on or from any Real Property currently or formerly owned, leased or
operated by the Borrower or any of its Subsidiaries or by any predecessor of the Borrower or any of its Subsidiaries, or any property at which the Borrower or any of its Subsidiaries has sent Hazardous Materials for treatment, storage or disposal,
provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses are determined in a final, non-appealable judgment of a court of competent
jurisdiction to have resulted from the gross negligence, bad faith, material breach of this Agreement or any of the Loan Documents or willful misconduct of such Indemnitee or any of its Related Parties or would have arisen as against the Indemnitee
regardless of this Agreement or any other Loan Document or any Borrowings hereunder. In no event shall any Indemnitee be liable to any Loan Party for any consequential, indirect, special or punitive damages. No Indemnitee shall be liable for any
damages arising from the use by unintended recipients of any information or other materials distributed to such unintended recipients by such Indemnitee through telecommunications, electronic or other information transmission systems in connection
with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby other than for direct or actual damages resulting from the gross negligence or willful misconduct of such Indemnitee as determined in a final,
non-appealable judgment of a court of competent jurisdiction. The provisions of this Section 9.05 shall remain operative and in full force and effect regardless of the expiration of the term of this Agreement, the consummation of the
transactions contemplated hereby, the repayment of any of the Obligations, the invalidity or unenforceability of any term or provision of the Commitment Letter, this Agreement or any other Loan Document, or any investigation made by or on behalf of
any Agent, any Issuing Bank, any Joint Lead Arranger or any Lender. All amounts due under this Section 9.05 shall be payable on written demand therefor accompanied by reasonable documentation with respect to any reimbursement, indemnification
or other amount requested. 
 (c) This Section 9.05 shall not apply to Taxes. 

  
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 Section 9.06. Right of Set-off. If an Event of Default shall have occurred and be
continuing, each Lender and each Issuing Bank is hereby authorized at any time and from time to time, to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any
time held and other indebtedness at any time owing by such Lender or such Issuing Bank to or for the credit or the account of any Loan Party or any other Subsidiary that is not a Foreign Subsidiary, against any and all obligations of the Loan
Parties, now or hereafter existing under this Agreement or any other Loan Document held by such Lender or such Issuing Bank, irrespective of whether or not such Lender or such Issuing Bank shall have made any demand under this Agreement or such
other Loan Document and although the obligations may be unmatured; provided that to the extent prohibited by applicable law as described in the definition of “Excluded Swap Obligation”, no amounts received from, or set off with respect to,
any guarantor shall be applied to any Excluded Swap Obligations of such guarantor. The rights of each Lender and each Issuing Bank under this Section 9.06 are in addition to other rights and remedies (including other rights of set-off) that
such Lender or such Issuing Bank may have. 
 Section 9.07. Applicable Law. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (OTHER
THAN LETTERS OF CREDIT AND AS EXPRESSLY SET FORTH IN OTHER LOAN DOCUMENTS) SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. 

Section 9.08. Waivers; Amendment. (a) No failure or delay of the Agents, any Issuing Bank or any Lender in exercising any
right or power hereunder or under any Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any
other or further exercise thereof or the exercise of any other right or power. The rights and remedies of the Agents, each Issuing Bank and the Lenders hereunder and under the other Loan Documents are cumulative and are not exclusive of any rights
or remedies that they would otherwise have. No waiver of any provision of this Agreement or any other Loan Document or consent to any departure by the Borrower or any other Loan Party therefrom shall in any event be effective unless the same shall
be permitted by paragraph (b) below, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice or demand on the Borrower or any other Loan Party in any case shall entitle
such Person to any other or further notice or demand in similar or other circumstances. 
 (b) Neither this Agreement nor any other Loan
Document nor any provision hereof or thereof may be waived, amended or modified except (x) in the case of this Agreement, pursuant to an agreement or agreements in writing entered into by the Borrower and the Required Lenders (or the
Administrative Agent with the consent of the Required Lenders) and (y) in the case of any other Loan Document, pursuant to an agreement or agreements in writing entered into by each party thereto and the Collateral Agent and consented to by the
Required Lenders; provided, however, that no such agreement shall 
 (i) decrease or forgive the principal amount of,
or extend the final maturity of, or decrease the rate of interest on, any Loan or any Revolving L/C Disbursement, without the prior written consent of each Lender directly affected thereby; provided that any amendment to the financial
covenant definitions in this Agreement shall not constitute a reduction in the rate of interest for purposes of this clause (i); 

  
 114 

 (ii) increase or extend the Commitment of any Lender or decrease the Commitment
Fees or Revolving L/C Participation Fees or other fees payable to any Lender without the prior written consent of such Lender (it being understood that waivers or modifications of conditions precedent, covenants, Defaults or Events of Defaults shall
not constitute an increase in the Commitments of any Lender), 
 (iii) extend any date on which any scheduled amortization
payment in respect of any Incremental Term Loan or payment of interest on any Loan, Revolving L/C Disbursement or any Fees is due or reduce the amount of any scheduled amortization payment due with respect to any Incremental Term Loan on the date
due, without the prior written consent of each Lender adversely affected thereby, 
 (iv) amend or modify the provisions of
Section 2.18(b) or (c) in a manner that would by its terms alter the pro rata sharing of payments required thereby without the prior written consent of each Lender adversely affected thereby, 

(v) amend or modify Section 9.23 in a manner that would alter the required application of any amount as between Facilities
without the prior written consent of the Majority Lenders of each Facility that is being allocated a lesser amount as a result thereof; 

(vi) extend the stated expiration date of any Revolving Letter of Credit beyond the Revolving Maturity Date, without the prior
written consent of each Lender directly affected thereby, 
 (vii) amend or modify the provisions of this Section or the
definition of the terms “Required Lenders”, “Majority Lenders”, or any other provision hereof specifying the number or percentage of Lenders required to waive, amend or modify any rights hereunder or make any determination or
grant any consent hereunder, without the prior written consent of each Lender adversely affected thereby (it being understood that, with the consent of the Required Lenders, additional extensions of credit pursuant to this Agreement may be included
in the determination of the Required Lenders on substantially the same basis as the Loans and Commitments are included on the Closing Date), and 

(viii) release all or substantially all the Collateral (other than pursuant to the Collateral Release Event) or release all or
substantially all of the value of the Guarantees of the Subsidiary Loan Parties without the prior written consent of each Lender and Issuing Bank; 

provided further that no such agreement shall amend, modify or otherwise affect the rights or duties of the Administrative Agent, the
Collateral Agent, an Issuing Bank or a Swingline Lender hereunder or under the other Loan Documents without the prior written consent of such Administrative Agent, Collateral Agent, Issuing Bank or Swingline Lender, as applicable. Each Lender shall
be bound by any waiver, amendment or modification authorized by this Section 9.08 and any consent by any Lender pursuant to this Section 9.08 shall bind any assignee of such Lender, 

(c) Without the consent of any Lender or Issuing Bank, the Loan Parties and the Administrative Agent and/or Collateral Agent may (in their
respective sole discretion, or shall, to the extent required by any Loan Document) enter into any amendment, modification or waiver of any Loan Document, or enter into any new agreement or instrument, to effect the granting, perfection, protection,
expansion or enhancement of any security interest in any Collateral or additional property to become 

  
 115 

 
Collateral for the benefit of the Secured Parties, or as required by local law to give effect to, or protect any security interest for the benefit of the Secured Parties, in any property or so
that the security interests therein comply with applicable law. 
 (d) Notwithstanding the foregoing, this Agreement may be amended (or
amended and restated) with the written consent of the Required Lenders, the Administrative Agent, and the Borrower (i) to add one or more additional credit facilities to this Agreement and to permit the extensions of credit from time to time
outstanding thereunder and the accrued interest and fees in respect thereof to share ratably in the benefits of this Agreement and the other Loan Documents with the Incremental Term Loans and the Revolving Facility Loans and the accrued interest and
fees in respect thereof and (ii) to include appropriately the Lenders holding such credit facilities in any determination of the Required Lenders. 

(e) In addition, notwithstanding the foregoing, this Agreement may be amended with the written consent of the Administrative Agent, the
Borrower and the Lenders providing the relevant Replacement Term Loans (as defined below) to permit the refinancing of all outstanding Incremental Term Loans (“Refinanced Term Loans”) with a replacement “B” term loan
tranche hereunder which shall be Loans hereunder (“Replacement Term Loans”); provided that (i) the aggregate principal amount of such Replacement Term Loans shall not exceed the aggregate principal amount of such
Refinanced Term Loans, (ii) the Applicable Rate for such Replacement Term Loans shall not be higher than the Applicable Rate for such Refinanced Term Loans, (iii) the weighted average life to maturity of such Replacement Term Loans shall
not be shorter than the weighted average life to maturity of such Refinanced Term Loans at the time of such refinancing and (iv) all other terms applicable to such Replacement Term Loans shall be substantially identical to, or less favorable to
the Lenders providing such Replacement Term Loans than, those applicable to such Refinanced Term Loans, except to the extent necessary to provide for covenants and other terms applicable to any period after the latest final maturity of the Loans in
effect immediately prior to such refinancing. 
 (f) Notwithstanding the foregoing, (i) technical and conforming modifications to the
Loan Documents may be made with the consent of the Borrower and the Administrative Agent to the extent necessary to integrate any Incremental Commitments on the terms and conditions provided for in Section 2.20 and (ii) any Loan Document
may be amended, modified, supplemented or waived with the written consent of the Administrative Agent and the Borrower without the need to obtain the consent of any Lender if such amendment, modification, supplement or waiver is executed and
delivered in order to cure an ambiguity, omission, mistake or defect in such Loan Document; provided that in connection with this clause (ii), in no event will the Administrative Agent be required to substitute its judgment for the judgment of the
Lenders or the Required Lenders, and the Administrative Agent may in all circumstances seek the approval of the Required Lenders, the affected Lenders or all Lenders in connection with any such amendment, modification, supplement or waiver. 

Section 9.09. Interest Rate Limitation. Notwithstanding anything herein to the contrary, if at any time the applicable interest
rate, together with all fees and charges that are treated as interest under applicable law (collectively, the “Charges”), as provided for herein or in any other document executed in connection herewith, or otherwise contracted for,
charged, received, taken or reserved by any Lender or any Issuing Bank, shall exceed the maximum lawful rate (the “Maximum Rate”) that may be contracted for, charged, taken, received or reserved by such Lender in accordance with
applicable law, the rate of interest payable hereunder, together with all Charges payable to such Lender or such Issuing Bank, shall be limited to the Maximum Rate, provided that such excess amount shall be paid to such Lender or such Issuing
Bank on subsequent payment dates to the extent not exceeding the legal limitation. 

  
 116 

 Section 9.10. Entire Agreement. This Agreement, the other Loan Documents and the
agreements regarding certain Fees referred to herein constitute the entire contract between the parties relative to the subject matter hereof. Any previous agreement among or representations from the parties or their Affiliates with respect to the
subject matter hereof is superseded by this Agreement and the other Loan Documents. Notwithstanding the foregoing, the Commitment Letter shall survive the execution and delivery of this Agreement and remain in full force and effect. Nothing in this
Agreement or in the other Loan Documents, expressed or implied, is intended to confer upon any party other than the parties hereto and thereto any rights, remedies, obligations or liabilities under or by reason of this Agreement or the other Loan
Documents. 
 Section 9.11. Waiver of Jury Trial. EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE
LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS. EACH PARTY HERETO (i) CERTIFIES THAT NO
REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (ii) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES
HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 9.11. 

Section 9.12. Severability. In the event any one or more of the provisions contained in this Agreement or in any other Loan
Document should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and therein shall not in any way be affected or impaired thereby. The parties shall
endeavour in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 

Section 9.13. Counterparts. This Agreement may be executed in two or more counterparts, each of which shall constitute an original
but all of which, when taken together, shall constitute but one contract, and shall become effective as provided in Section 9.03. Delivery of an executed counterpart to this Agreement by facsimile transmission or an electronic transmission of a
PDF copy thereof shall be as effective as delivery of a manually signed original. Any such delivery shall be followed promptly by delivery of the manually signed original. 

Section 9.14. Headings. Article and Section headings and the Table of Contents used herein are for convenience of
reference only, are not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement. 

Section 9.15. Jurisdiction; Consent to Service of Process. (a) Each of the Borrower, the Agents, the Issuing Bank and the
Lenders hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of any New York State court or federal court of the United States of America sitting in New York County, and any appellate court from
any thereof, in any action or proceeding arising out of or relating to this Agreement or the other Loan Documents, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that
all claims in respect of any such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such federal court. The Borrower further irrevocably consents to the service of process in any action or
proceeding in such courts by the mailing thereof by any parties thereto by registered or certified mail, postage prepaid, to the Borrower at the 

  
 117 

 
address specified for the Loan Parties in Section 9.01. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in
other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement (other than Section 8.09) shall affect any right that any Lender or any Issuing Bank may otherwise have to bring any action or
proceeding relating to this Agreement or the other Loan Documents against the Borrower or any Loan Party or their properties in the courts of any jurisdiction. 

(b) Each of the Borrower, the Agents, the Issuing Banks and the Lenders hereby irrevocably and unconditionally waives, to the fullest extent
it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or the other Loan Documents in any New York State or federal
court sitting in New York County. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. 

Section 9.16. Confidentiality. Each of the Lenders, each Issuing Bank and each of the Agents agrees that it shall maintain in
confidence any information relating to the Borrower and its Subsidiaries and their respective Affiliates furnished to it by or on behalf of the Borrower or the other Loan Parties or such Subsidiary or Affiliate (other than information that
(x) has become generally available to the public other than as a result of a disclosure by such party in breach of this Agreement, (y) has been independently developed by such Lender, such Issuing Bank or such Agent without violating this
Section 9.16 or (z) was available to such Lender, such Issuing Bank or such Agent from a third party having, to such Person’s actual knowledge, no obligations of confidentiality to the Borrower or any of its Subsidiaries or any such
Affiliate) and shall not reveal the same other than to its directors, trustees, officers, employees, agents and advisors with a need to know or to any Person that approves or administers the Loans on behalf of such Lender or Issuing Bank (so long as
each such Person shall have been instructed to keep the same confidential in accordance with this Section 9.16), except: (i) to the extent necessary to comply with law or any legal process or the regulatory or supervisory requirements of
any Governmental Authority (including bank examiners), the National Association of Insurance Commissioners or of any securities exchange on which securities of the disclosing party or any Affiliate of the disclosing party are listed or traded,
(ii) as part of reporting or review procedures to Governmental Authorities (including bank examiners) or the National Association of Insurance Commissioners, (iii) to its parent companies, Affiliates or auditors (so long as each such
Person shall have been instructed to keep the same confidential in accordance with this Section 9.16), (iv) in connection with the exercise of any remedies under any Loan Document or in order to enforce its rights under any Loan
Document in a legal proceeding, (v) to any prospective assignee of, or prospective Participant in, any of its rights under this Agreement (so long as such Person shall have been instructed to keep the same confidential in accordance with this
Section 9.16 or on terms at least as restrictive as those set forth in this Section 9.16) and (vi) to any direct or indirect contractual counterparty in Swap Agreements or such contractual counterparty’s professional advisor (so
long as each such contractual counterparty agrees to be bound by the provisions of this Section 9.16 or on terms at least as restrictive as those set forth in Section 9.16 and each such professional advisor shall have been instructed to
keep the same confidential in accordance with this Section 9.16). If a Lender, an Issuing Bank or an Agent is requested or required to disclose any such information (other than to its bank examiners and similar regulators, or to internal or
external auditors) pursuant to or as required by law or legal process or subpoena to the extent reasonably practicable, it shall give prompt notice thereof to the Borrower so that the Borrower may seek an appropriate protective order and such
Lender, Issuing Bank or Agent will reasonably cooperate with the Borrower (or the applicable Subsidiary or Affiliate), at the Borrower’s expense, in seeking such protective order. 

  
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 Section 9.17. Communications. (a) Delivery. (i) Each Loan Party
hereby agrees that it will use all reasonable efforts to provide to the Administrative Agent all information, documents and other materials that it is obligated to furnish to the Administrative Agent pursuant to this Agreement and any other Loan
Document, including, without limitation, all notices, requests, financial statements, financial and other reports, certificates and other information materials, but excluding any such communication that (A) relates to a request for a new, or a
conversion of an existing, borrowing or other extension of credit (including any election of an interest rate or interest period relating thereto), (B) relates to the payment of any principal or other amount due under this Agreement prior to
5:00 p.m. (New York time) on the scheduled date therefor, (C) provides notice of any Default or Event of Default under this Agreement or (D) is required to be delivered to satisfy any condition precedent to the effectiveness of this
Agreement and/or any borrowing or other extension of credit hereunder (all such non-excluded communications collectively, the “Communications”), by transmitting the Communications in an electronic/soft medium in a format reasonably
acceptable to the Administrative Agent at the address referenced in Section 9.01(a)(ii). Nothing in this Section 9.17 shall prejudice the right of the Agents, the Syndication Agent, the Co-Documentation Agents, the Joint Lead Arrangers or
any Lender or Issuing Bank or any Loan Party to give any notice or other communication pursuant to this Agreement or any other Loan Document in any other manner specified in this Agreement or any other Loan Document. 

(ii) Each Lender agrees that notice to it (as provided in the next sentence) specifying that the Communications have been
posted to the Platform (as defined below) shall constitute effective delivery of the Communications to such Lender for purposes of the Loan Documents. Each Lender agrees (A) to notify the Administrative Agent in writing (including by
electronic communication) from time to time of such Lender’s e-mail address to which the foregoing notice may be sent by electronic transmission and (B) that the foregoing notice may be sent to such e-mail address. 

(b) Posting. Each Loan Party further agrees that the Administrative Agent may make the Communications available to the Lenders by
posting the Communications on SyndTrak Online or a substantially similar electronic transmission system (the “Platform”). The Borrower hereby acknowledges that (i) the Administrative Agent and/or the Joint Lead Arrangers will
make available to the Lenders materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on the Platform and (ii) certain of the
Lenders (each, a “Public Lender”) may have personnel who do not wish to receive material non-public information with respect to the Borrower or its Affiliates, or the respective securities of any of the foregoing, and who may be
engaged in investment and other market-related activities with respect to such Persons’ securities. The Borrower hereby agrees that it will use commercially reasonable efforts to identify that portion of the Borrower Materials that may be
distributed to the Public Lenders and that (w) all such Borrower Materials shall be clearly and conspicuously marked “PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page
thereof; (x) by marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent, the Joint Lead Arrangers, the Issuing Banks and the Lenders to treat such Borrower Materials as not
containing any material non-public information (although it may be sensitive and proprietary) with respect to the Borrower or its Affiliates or their respective securities for purposes of United States Federal and state securities laws; (y) all
Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public Side Information;” and (z) the Administrative Agent and the Joint Lead Arranger shall be entitled to
treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not designated “Public Side Information.” Notwithstanding the foregoing, the Borrower shall not be under
any obligation to mark any Borrower Materials “PUBLIC” to the extent the Borrower determines that such Borrower Materials contain material non-public information with respect to the Borrower or its Affiliates or their respective securities
for purposes of United States Federal and state securities laws. 

  
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 (c) Platform. The Platform is provided “as is” and “as available.” The
Agent Parties (as defined below) do not warrant the accuracy or completeness of the Communications, or the adequacy of the Platform and expressly disclaim liability for errors or omissions in the Communications. No warranty of any kind, express,
implied or statutory, including, without limitation, any warranty of merchantability, fitness for a particular purpose, non-infringement of third party rights or freedom from viruses or other code defects, is made by any Agent Party in connection
with the Communications or the Platform. In no event shall the Administrative Agent, the Collateral Agent or any of its or their affiliates or any of their respective officers, directors, employees, agents advisors or representatives (collectively,
“Agent Parties”) have any liability to the Loan Parties, any Lender or Issuing Bank or any other Person or entity for damages of any kind, including, without limitation, direct or indirect, special, incidental or consequential
damages, losses or expenses (whether in tort, contract or otherwise) arising out of any Loan Party’s or the Administrative Agent’s or the Collateral Agent’s transmission of communications through the internet, except to the extent the
liability of any Agent Party is found in a final non-appealable judgment by a court of competent jurisdiction to have resulted primarily from such Agent Party’s gross negligence or willful misconduct. 

Section 9.18. Release of Liens and Guarantees. In the event that any Loan Party conveys, sells, leases, assigns, transfers or
otherwise disposes of all or any portion of its assets (including the Equity Interests of any of its Subsidiaries) to a Person that is not (and is not required to become) a Loan Party in a transaction not prohibited by the Loan Documents, the
Administrative Agent and the Collateral Agent shall promptly (and the Lenders hereby authorize the Administrative Agent and the Collateral Agent to) take such action and execute any such documents as may be reasonably requested by the Borrower and
at the Borrower’s expense to release any Liens created by any Loan Document in respect of such Equity Interests or assets that are the subject of such disposition and to release any guarantees of the Obligations, and any Liens granted to secure
the Obligations, in each case by a Person that ceases to be a Subsidiary of the Borrower as a result of a transaction described above. Any representation, warranty or covenant contained in any Loan Document relating to any such Equity Interests or
assets shall no longer be deemed to be made once such Equity Interests or assets are so conveyed, sold, leased, assigned, transferred or disposed of. The Security Documents, the guarantees made therein, the Security Interest (as defined therein) and
all other security interests granted thereby shall terminate, and each Loan Party shall automatically be released from its obligations thereunder and the security interests in the Collateral granted by any Loan Party shall be automatically released,
when all the Obligations are paid in full in cash and Commitments are terminated (other than (A) contingent indemnification obligations, (B) obligations and liabilities under Secured Cash Management Agreements and Secured Swap Agreements
and (C) obligations and liabilities under Revolving Letters of Credit as to which arrangements satisfactory to the Issuing Banks shall have been made). At such time, the Administrative Agent and the Collateral Agent agree to take such actions
as are reasonably requested by the Borrower at the Borrower’s expense to evidence and effectuate such termination and release of the guarantees, Liens and security interests created by the Loan Documents. 

Section 9.19. U.S.A. PATRIOT Act and Similar Legislation. Each Lender and Issuing Bank hereby notifies each Loan Party that
pursuant to the requirements of the U.S.A. PATRIOT Act and similar legislation, as applicable, it is required to obtain, verify and record information that identifies the Loan Parties, which information includes the name and address of each Loan
Party and other information that will allow the Lenders to identify such Loan Party in accordance with such legislation. Each Loan Party agrees to furnish such information promptly upon request of a Lender. Each Lender shall be responsible for
satisfying its own requirements in respect of obtaining all such information.  

  
 120 

 Section 9.20. Judgment. If for the purposes of obtaining judgment in any court it is
necessary to convert a sum due hereunder in one currency into another currency, the parties hereto agree, to the fullest extent that they may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking
procedures the Administrative Agent could purchase the first mentioned currency with such other currency at the Administrative Agent’s principal office in New York, New York on the Business Day preceding that on which final judgment is given.

 Section 9.21. Pledge and Guarantee Restrictions. Notwithstanding any provision of this Agreement or any other Loan Document
to the contrary (including any provision that would otherwise apply notwithstanding other provisions or that is the beneficiary of other overriding language): 

(a) (i) no more than 65% of the issued and outstanding voting Equity Interests of (x) any Foreign Subsidiary of the Borrower or
(y) any Subsidiary of the Borrower, substantially all of which Subsidiary’s assets consist of the Equity Interests in “controlled foreign corporations” under Section 957 of the Code, shall be pledged or similarly
hypothecated to guarantee, secure or support any Obligation of any Loan Party; and 
 (ii) no Foreign Subsidiary shall
guarantee or support any Obligation of the Borrower; and 
 (iii) any guarantee provided by any Domestic Subsidiary of the
Borrower, substantially all of whose assets consist of the Equity Interests in “controlled foreign corporations” under Section 957 of the Code shall be without recourse to the 35% of the issued and outstanding voting Equity Interests
held by such Domestic Subsidiary in Foreign Subsidiaries which, pursuant to clause (a)(i) above, are not required to be pledged by such Domestic Subsidiary; and 

(b) no Subsidiary shall guarantee or support any Obligation of any Loan Party if and to the extent that such guarantee or support would
contravene the Agreed Security Principles. 
 The parties hereto agree that any pledge, guaranty or security or similar interest made or
granted in contravention of this Section 9.21 shall be void ab initio, but only to the extent of such contravention. 

Section 9.22. No Fiduciary Duty. Each Agent, each Lender, each Issuing Bank and their respective Affiliates (collectively, solely
for purposes of this paragraph, the “Lenders”), may have economic interests that conflict with those of the Borrower and the other Loan Parties. The Borrower hereby agrees that subject to applicable law, nothing in the Loan
Documents or otherwise will be deemed to create an advisory, fiduciary or agency relationship or fiduciary or other implied duty between the Lenders and the Loan Parties, their equityholders or their Affiliates. The Borrower hereby acknowledges and
agrees that (i) the transactions contemplated by the Loan Documents are arm’s-length commercial transactions between the Lenders, on the one hand, and the Loan Parties, on the other, (ii) in connection therewith and with the process
leading to such transaction none of the Lenders is acting as the agent or fiduciary of any Loan Party, its management, equityholders, creditors or any other person, (iii) no Lender has assumed an advisory or fiduciary responsibility in favor of
any Loan Party with respect to the transactions contemplated hereby or the process leading thereto (irrespective of whether any Lender or any of its Affiliates has advised or is currently advising such Loan Party on other matters) or any other
obligation to any Loan Party except the obligations expressly set forth in the Loan Documents, (iv) the Borrower and each other Loan Party has consulted its own legal and financial advisors to the extent it has deemed appropriate and
(v) the Lenders may be engaged in a broad range of transactions that involve interests that differ from those of the Borrower and its Affiliates and no Lender has an obligation to disclose any such interests to the Borrower or its Affiliates.
The Borrower further acknowledges and agrees that it is responsible for making its own independent judgment with respect to such transactions and the process leading thereto. 

  
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 Section 9.23. Application of Funds. After the exercise of remedies provided
for in Section 7.01 (or after the Loans have automatically become immediately due and payable), any amounts received by the Administrative Agent from the Collateral Agent pursuant to Section 5.02 of the Collateral Agreement
and any other amounts received by the Administrative Agent on account of the Loan Document Obligations shall be applied by the Administrative Agent in the following order: 

(a) First, to payment of that portion of the Loan Document Obligations constituting fees, indemnities, expenses and other amounts
(including fees, charges and disbursements of counsel to the Joint Lead Arrangers, the Administrative Agent and the Collateral Agent) payable to the Joint Lead Arrangers, the Syndication Agent, the Co-Documentation Agent, the Administrative Agent
and the Collateral Agent in their respective capacities as such; 
 (b) Second, to payment of that portion of the Loan Document
Obligations constituting fees, indemnities and other amounts (other than principal, interest and Revolving L/C Participation Fees) payable to the Lenders and the Issuing Bank (including fees, charges and disbursements of counsel to the respective
Lenders and the Issuing Bank) arising under the Loan Documents, ratably among them in proportion to the respective amounts described in this clause Second payable to them; 

(c) Third, to payment of that portion of the Loan Document Obligations constituting accrued and unpaid Revolving L/C Participation Fees
and interest on the Loans, Revolving L/C Exposure and other Obligations arising under the Loan Documents, ratably among the Lenders and the Issuing Bank in proportion to the respective amounts described in this clause Third payable to them;

 (d) Fourth, to payment of that portion of the Loan Document Obligations constituting unpaid principal of the Loans and Revolving
L/C Reimbursement Obligations, ratably among the Lenders and the Issuing Bank in proportion to the respective amounts described in this clause Fourth held by them; 

(e) Fifth, to the Administrative Agent for the account of the Issuing Bank, to cash collateralize that portion of Revolving L/C
Exposure comprised of the aggregate undrawn amount of Revolving Letters of Credit; and 
 (f) Last, the balance, if any, after all of
the Loan Document Obligations have been indefeasibly paid in full, to the Borrower or as otherwise required by Law. 
 Subject to Section 2.05(j),
amounts used to cash collateralize the aggregate undrawn amount of Revolving Letters of Credit pursuant to clause Fifth above shall be applied to satisfy drawings under such Revolving Letters of Credit as they occur. If any amount remains on
deposit as cash collateral after all Revolving Letters of Credit have either been fully drawn or expired, such remaining amount shall be applied to the other Obligations, if any, in the order set forth above. 

[SIGNATURE PAGES FOLLOW] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed and
delivered as of the date first above written. 
  

			
	 CRESTWOOD MIDSTREAM PARTNERS LP.,
as Borrower

		
	By:	 	CRESTWOOD MIDSTREAM GP LLC, its general partner
		
	By:	 	 /s/ Michael J. Campbell

		 	Name: Michael J. Campbell
		 	Title: Sr. Vice President and Chief Financial Officer

 
			
	 WELLS FARGO BANK, N.A., as Administrative Agent, Collateral Agent, Issuing Bank and as Lender

		
	By:	 	 /s/ Brandon Kast

		 	Name: Brandon Kast
		 	Title: Assistant Vice President

 
			
	 CITIBANK, N.A., as Syndication Agent, Issuing Bank and as Lender

		
	By:	 	 /s/ Todd Mogil

		 	Name: Todd Mogil
		 	Title: Vice-President

 
			
	 BANK OF AMERICA, N.A., as Syndication Agent and as Lender

		
	By:	 	 /s/ Ronald E. McKaig

		 	Name: Ronald E. McKaig
		 	Title: Managing Director

 
			
	 BARCLAYS BANK PLC, as Co-Documentation Agent and as Lender

		
	By:	 	 /s/ Sreedhar R. Kona

		 	Name: Sreedhar R. Kona
		 	Title: Vice President

 
			
	 J.P. MORGAN SECURITIES LLC, as Co- Documentation Agent

		
	By:	 	 /s/ Kenneth J. Fatur

		 	Name: Kenneth J. Fatur
		 	Title: Managing Director
	
	 JPMORGAN CHASE BANK, N.A., as Issuing Bank and as Lender

		
	By:	 	 /s/ Kenneth J. Fatur

		 	Name: Kenneth J. Fatur
		 	Title: Managing Director

 
			
	 MORGAN STANLEY SENIOR FUNDING, INC., as Co-Documentation Agent and as Lender

		
	By:	 	 /s/ Henrik Sandstrom

		 	Name: Henrik Sandstrom
		 	Title: Authorized Signatory

 
			
	 MORGAN STANLEY BANK, N.A.
as Lender

		
	By:	 	 /s/ Henrik Sandstrom

		 	Name: Henrik Sandstrom
		 	Title: Authorized Signatory

 
			
	 ROYAL BANK OF CANADA, as Lender and Co-Documentation Agent

		
	By:	 	/s/ Jason S. York
		 	Name: Jason S. York
		 	Title: Authorized Signatory

 
			
	 SUNTRUST BANK, as Co-Documentation Agent and as Lender

		
	By:	 	 /s/ John Kovarik

		 	Name: John Kovarik
		 	Title: Vice President

 
			
	 COMPASS BANK,
as Lender

		
	By:	 	 /s/ Umar Hassan

		 	Name: Umar Hassan
		 	Title: Vice PresidentConverted by EDGARwiz

EMPLOYMENT AGREEMENT

This  Employment  Agreement  ("Agreement")  is  made  and  entered  into  on  this  04th  day of  July,  2013,  by

and  between  SunVesta,  Inc.,  of  97  Seestrasse,  Oberrieden,  Switzerland  CH-8942  (the  "Company"),  and

Josef   Mettler,   a   Swiss   individual,   resident   at   Bachtelstrasse   20,   Switzerland,   CH-8808   Pfaeffikon

(hereinafter, the “Executive”).

W I T N E S S E T H:

WHEREAS,  the  Executive  is  to  be  employed  as  Chief  Executive  Officer  and  Chief  Financial

Officer of the Company.

WHEREAS,  the  Executive  possesses  intimate  knowledge  of  the  business  and  affairs  of  the

Company, its policies, methods and personnel;

WHEREAS,  the  Board  of  Directors  of  the  Company recognizes  that  Executive  will  contribute  to

the  growth  and  success  of  the  Company,  and  therefore  desires  to  secure  Executive's  employment  and

quantify his compensation;

WHEREAS,  the  Board  has  determined  that  this  Agreement  will  reinforce  and  encourage  the

Executive's continued attention and dedication to the Company;

WHEREAS,  the Executive is  willing to make  his  services available  to the Company on  the  terms

and conditions hereinafter set forth.

NOW, THEREFORE, in consideration of the premises and mutual covenants set forth herein, and

for   other   good   and   valuable   consideration,   the   receipt   and   sufficiency   of   which   are   mutually

acknowledged, the Company and the Executive hereby agree as follows:

1.     Definitions.

When used in this Agreement, the following terms shall have the following meanings:

(a)

“Accrued Obligations” means:

(i)

all  accrued  but  unpaid  Base  Salary  through  the  end  of  the  Term  of

Employment;

(ii)

any   unpaid   or   un-reimbursed   expenses   incurred   in   accordance   with

Company policy, including amounts  due under Article 5(a) hereof, to the extent incurred during the Term

of Employment; and

(iii)

those  vested  benefits  provided  under  the  Company’s  employee  benefit

plans,   stock   options   plans,   deferred   compensation   plans,   programs   or   arrangements   in   which   the

Executive participates, in accordance with the terms thereof.

(iv)

any   earned   unpaid   Bonus   or   Retention   Award   in   respect   to   any

completed fiscal year that has ended on or prior to the end of the Term of Employment; and

(v)

rights  to  indemnification  by  virtue  of  the  Executive’s  position  as  an

officer  or  director  of  the  Company  or  its  subsidiaries  and  the  benefits  under  any  directors’  and  officers’

liability insurance policy maintained by the Company, in accordance with its terms thereof.

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Employment Agreement – Josef Mettler

(b)

“Affiliate”  means  any  entity  that  controls,  is  controlled  by,  or  is  under  common

control with, the Company.

(c)

“Base   Salary”   means  the  salary  provided  for  in  Article   4(a)  hereof  or  any

increased salary granted to Executive pursuant to Article 4(a) hereof.

(d)

“Beneficial  Ownership”  shall  have  the  meaning  ascribed  to  such  term  in  Rule

13d-3 promulgated under the Securities Exchange Act of 1934, as amended.

(e)

“Board” means the Board of Directors of the Company.

(f)

“Bonus”  means  any  bonus  payable  to  the  Executive  pursuant  to  Article  4(b)

hereof.

(g)

“Bonus   Period”   means   the   period   for   which   a   Bonus   is   payable.     Unless

otherwise specified by the Board, the Bonus Period shall be the fiscal year of the Company.

(h)

“Cause” means:

(i)

a  conviction  of  the  Executive,  or  a  plea  of  nolo  contendere,  to  a  felony

involving moral turpitude; or

(ii)

willful  misconduct  or  gross  negligence  by  the  Executive  resulting,  in

either case, in material economic harm to the Company or any Related Entities; or

(iii)

a  willful  continued  failure  by  the  Executive  to  carry  out  the  reasonable

and lawful directions of the Board; or

(iv)

fraud,  embezzlement,  theft  or  dishonesty  of  a  material  nature  by  the

Executive  against  the  Company  or  any  Affiliate  or  Related  Entity,  or  a  willful  material  violation  by  the

Executive  of  a  policy  or  procedure  of  the  Company  or  any  Affiliate  or  Related  Entity,  resulting,  in  any

case, in material economic harm to the Company or any Affiliate or Related Entity; or

(v)

a willful material breach by the Executive of this Agreement.

An act or failure to act shall not be “willful” if (i) done by the Executive in good faith or (ii) the Executive

reasonably believed  that  such  action  or  inaction  was  in  the  best  interests  of the  Company and  the  Related

Entities.

(i)

“Change in Control” means:

(i)

The  acquisition  by  any  Person  of  Beneficial  Ownership  of  more  than

fifty  percent  (50%)  of   the  then  outstanding  shares  of  common  stock  of  the  Company  (the  “Outstanding

Company  Common  Stock”)  (the  foregoing  Beneficial  Ownership  hereinafter  being  referred  to  as  a

"Controlling  Interest");  provided,  however,  that  for  purposes  of  this  definition,  the  following  acquisitions

shall  not  constitute  or  result  in  a  Change  of  Control:  (v)  any  acquisition  directly  from  the  Company;  (w)

any  acquisition  by  the  Company;  (x)  any  acquisition  by  any  person  that  as  of  the  Commencement  Date

owns Beneficial Ownership of a Controlling Interest; (y) any acquisition by any employee benefit plan (or

related  trust)  sponsored  or  maintained  by  the  Company  or  any  subsidiary  of  the  Company;  or  (z)  any

acquisition  by any corporation  pursuant  to  a  transaction  which  complies  with  clauses  (A),  (B)  and  (C)  of

subsection (iii) below; or

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Employment Agreement – Josef Mettler

(ii)

During any period of two (2) consecutive  years (not including any period

prior  to the Commencement  Date) individuals who constitute the Board  on the Commencement Date (the

“Incumbent  Board”)  cease  for  any  reason  to  constitute  at  least  a  majority  of  the  Board;  provided,

however, that any individual becoming a director  subsequent to the Commencement Date whose election,

or  nomination  for  election  by the  Company’s  shareholders,  was  approved  by a  vote  of  at  least  a  majority

of the  directors then  comprising the  Incumbent  Board shall  be  considered  as though  such  individual  were

a  member  of  the  Incumbent  Board,  but  excluding,  for  this  purpose,  any  such  individual  whose  initial

assumption  of  office  occurs  as  a  result  of  an  actual  or  threatened  election  contest  with  respect  to  the

election  or  removal  of  directors  or  other  actual  or  threatened  solicitation  of  proxies  or  consents  by  or  on

behalf of a Person other than the Board; or

(iii)

Consummation  of  a  reorganization,  merger,  statutory  share  exchange  or

consolidation  or  similar  corporate  transaction  involving  the  Company or  any  of  its  subsidiaries,  a  sale  or

other  disposition  of  all  or  substantially  all  of  the  assets  of  the  Company,  or  the  acquisition  of  assets  or

stock  of  another  entity  by  the  Company  or  any  of  its  subsidiaries  (each  a  “Business  Combination”),  in

each case, unless, following such Business Combination, (A) all or substantially all of the individuals  and

entities  who  were  the  Beneficial  Owners,  respectively,  of  the  Outstanding  Company Common  Stock  and

Outstanding  Company  Voting  Securities  immediately  prior  to  such  Business  Combination  beneficially

own,  directly or  indirectly, more than fifty percent (50%) of the then outstanding shares of common stock

and  the  combined  voting  power  of  the  then  outstanding  voting  securities  entitled  to  vote  generally in  the

election  of  directors,  as  the  case  may  be,  of  the  corporation  resulting  from  such  Business  Combination

(including,  without  limitation,  a  corporation  which  as  a  result  of  such  transaction  owns  the  Company  or

all  or  substantially  all  of  the  Company’s  assets  either  directly  or  through  one  or  more  subsidiaries)  in

substantially the same proportions as their ownership, immediately prior to such Business Combination of

the  Outstanding  Company Common  Stock  and  Outstanding  Company Voting  Securities,  as  the  case  may

be,  (B)  no  Person  (excluding  any  employee  benefit  plan  (or  related  trust)  of  the  Company  or  such

corporation  resulting  from  such  Business  Combination  beneficially  owns,  directly  or  indirectly,  twenty

percent  (20%)  or  more  of,  respectively,  the  then  outstanding  shares  of  common  stock  of  the  corporation

resulting  from  such  Business  Combination  or  any  Person  that  as  of  the  Commencement  Date  owns

Beneficial  Ownership  of  a  Controlling  Interest  beneficially  owns,  directly  or  indirectly,  more  than  fifty

percent  (50%)  of  the  then  outstanding  shares  of  common  stock  of  the  corporation  resulting  from  such

Business  Combination  or  the  combined  voting  power  of  the  then  outstanding  voting  securities  of  such

corporation except to the extent that such ownership existed prior to the Business Combination, and (C) at

least  a  majority of  the  members  of  the  board  of  directors  of  the  corporation  resulting  from  such  Business

Combination  were  members  of  the  Incumbent  Board at  the time of the  execution of  the initial  agreement,

or of the action of the Board, providing for such Business Combination; or

(iv)

approval  by  the  shareholders  of  the  Company  of  a  complete  liquidation

or dissolution of the Company.

(j)

“Code” means the Internal Revenue Code of 1986, as amended.

(k)

“Commencement Date” means July 1st, 2013.

(l)

“Common Stock”  means the common stock of the Company,  par value $0.01 per

share.

(m)

“Competitive  Activity”  means  an  activity that  is  in  material  or  direct  competition

with  the  Company  in  any  of  the  States  within  the  United  States,  or  countries  within  the  world,  in  which

the  Company  conducts  business  with  respect  to  a  business  in  which  the  Company  engaged  while  the

Executive was employed by the Company.

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Employment Agreement – Josef Mettler

(n)

“Confidential  Information”  means  all  trade  secrets  and  information  disclosed  to

the  Executive  or  known  by  the  Executive  as  a  consequence  of  or  through  the  unique  position  of  his

employment  with  the  Company  or  any  Related  Entity  (including  information  conceived,  originated,

discovered  or  developed  by  the  Executive  and  information  acquired  by  the  Company  or  any  Related

Entity from  others)  prior  to  or  after  the  date  hereof,  and  not  generally or  publicly known  (other  than  as  a

result  of  unauthorized  disclosure  by  the  Executive),  about  the  Company  or  any  Related  Entity  or  its

business.

(o)

“Disability”  means  the  Executive’s  inability,  or  failure,  to  perform  the  essential

functions  of  his  position,  with  or  without  reasonable  accommodation,  for  any  period  of  three  months  or

more  in  any  12  month  period,  by  reason  of  any  medically  determinable  physical  or  mental  impairment

which can be expected to result in death or can be expected to last for a continuous period of not less than

12 months.

(p)

“Equity Awards” means any stock options, restricted stock, restricted stock units,

stock  appreciation  rights,  phantom stock  or  other  equity based  awards  granted  by the  Company or  any of

its Affiliates to the Executive.

(q)

“Excise  Tax”  means  any  excise  tax  imposed  by  Section  4999  of  the  Code,

together  with  any  interest  and  penalties  imposed  with  respect  thereto,  or  any  interest  or  penalties  are

incurred by the Executive with respect to any such excise tax.

(r)

“Expiration  Date”  means  the  date  on  which  the Term of Employment,  including

any renewals thereof under Article 3(b), shall expire.

(s)

“Good Reason” means:

(i)

the assignment to the Executive of any duties inconsistent in any material

respect with the Executive's position (including status, titles and reporting requirements), authority, duties

or responsibilities as contemplated by Article 2(b) of this Agreement, or any other action by the Company

that  results  in  a  material  diminution  in  such  position,  authority,  duties  or  responsibilities,  excluding  for

this  purpose  an isolated,   insubstantial  and inadvertent  action  not  taken  in  bad  faith  which  is  remedied  by

the Company promptly after receipt of notice thereof given by the Executive;

(ii)

any  material  failure  by the  Company  to  comply  with  any  of  the  material

provisions of this Agreement,  other than an  isolated, insubstantial  and inadvertent  failure not  occurring in

bad   faith  that   is   remedied   by  the   Company  promptly  after   receipt   of   notice   thereof  given   by  the

Executive;

(iii)

any instruction  by the  Company to  act  in  any manner  that  is  unlawful  or

contrary   to   Securities   and   Exchange   Commission   rules   and   regulations,   other   than   an   isolated,

insubstantial  or  inadvertent  instruction  not  given  in  bad  faith  that  is  remedied  by  the  Company  promptly

after receipt of notice thereof given by the Executive; and

(iv)

any  termination  by  the  Company  of  the  Executive’s  employment  other

than for Cause pursuant to Article 6(b), or by reason of the Executive’s Disability pursuant to Article 6(c)

of this Agreement, prior to the Expiration Date

(t)

“Group”  shall  have  the  meaning  ascribed  to  such  term  in  Section  13(d)  of  the

Securities Exchange Act of 1934.

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Employment Agreement – Josef Mettler

(u)

“Initial Term” means July 1, 2013 to June 30, 2017.

(v)

“Non-qualified    Defined    Contribution    Plan”    means    the    Non-Qualified

Contribution  Plan  adopted  by  the  board  of  directors  of  a  Related  Entity,  as  amended  from  time  to  time,

and any successor thereto.

(w)

“Person”  shall  have  the  meaning  ascribed  to  such  term  in  Section  3(a)(9)  of  the

Securities Exchange Act of 1934 and used in Sections 13(d) and 14(d) thereof.

(x)

“Related    Entity”    means    any   subsidiary,    and    any   business,    corporation,

partnership,  limited  liability  company  or  other  entity  designated  by  Board  in  which  the  Company  or  a

subsidiary holds a substantial ownership interest.

(y)

“Restricted   Period”   shall   be   the   Term   of   Employment   and   if   the   Term   of

Employment  is  terminated  for  any  reason  other  than  by  the  Company  for  Cause  or  by  the  Executive  for

Good   Reason,   the   eighteen   (18)   month   period   immediately   following   termination   of   the   Term   of

Employment.    Notwithstanding  the  foregoing,  the  Restricted  Period  shall  end  in  the  event  that  (i)  the

Company  fails  to  make  any  payments  or  provide  any  Benefits  required  by Article  6  hereof  with  15  days

of  written  notice  from  the  Executive  of  such  failure  or  (ii)  the  Company  no  longer  has  the  rights  to  the

confidential information.

(z)

“Severance  Amount”  shall  be  in  the  event  of  termination  of  the  Executive’s

employment  by the  Company without  Cause,  or  by the  Executive  with  Good Reason,  an  amount  equal  to

the following based on when the Termination Date occurs after the Commencement Date: a) 0-12 months

-$120,000,  b)  13-24  months  - $240,000  and  c)  over  24  months  -  $360,000. The  total  amount  shall  be  due

within one month of the effective date of the Termination Date, a minimum of $120,000 which is payable

in cash and the remainder up to an aggregate of $360,000 is payable in shares of the Company’s Common

Stock.

(aa)

“Severance  Term”  means  the  one  (1)  year  period  following  the  Termination

Date.

(bb)

“Stock  Option”  means  a  right  granted  to  the  Executive  under  Article  4(d)  hereof

to purchase Common Stock under the Company’s Stock Option Plan.

(cc)

“Stock  Option  Plan”  means  the  2013  Stock  Option  Plan  Directors  adopted  by

the Company on January 1, 2013, as amended from time to time, and any successor plan thereto.

(dd)

“Term  of  Employment”  means  the  period  during  which  the  Executive  shall  be

employed by the Company pursuant to the terms of this Agreement.

(ee)

“Termination Date” means the date on which Executive’s employment ends.

2.

Employment.

(a)

Employment and Term.

The Company hereby agrees to  employ the Executive and the Executive hereby agrees to

serve the Company during the Term of Employment on the terms and conditions set forth herein.

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Employment Agreement – Josef Mettler

(b)

Duties of Executive.

During  the  Term  of  Employment,  the  Executive  shall  be  employed  and  serve  as  Chief

Operating  Officer  of  the  Company,  and  shall  have  such  duties  typically  associated  with  such  title,

including,  without  limitation,  coordinating  the  day  to  day  management  of  the  Company  with  its  Chief

Executive   Officer,   responsibility   for   the   review   of   the   Company’s   quarterly   and   annual   financial

statements  and  reporting  to  the  Chief  Executive,  and  the  Board,  as  necessary.  The  Executive  shall

faithfully and diligently perform all services  as may be reasonably assigned to him for his  position by the

Board  of  the  Company,  and  shall  exercise  such  power  and  authority  as  may  from  time  to  time  be

delegated  to  him  by  the  Board.  The  Executive  shall  devote  no  less  than  100%  of  his  business  time,

attention  and  efforts  to  the  performance  of  his  duties  under  this  Agreement,  render  such  services  to  the

best  of  his  ability,  and  use  his  reasonable  best  efforts  to  promote  the  interests  of  the  Company.    The

Executive  shall  not  engage  in  any other  business  or  occupation,  other  than  as  declared  and  existing at  the

Commencement Date  during the  Term of Employment,  including,  without  limitation,  any activity that  (i)

conflicts  with  the  interests  of  the  Company or  its  subsidiaries,  (ii)  interferes  with the  proper  and  efficient

performance  of  his  duties  for  the  Company,  or  (iii)  interferes  with  the  exercise  of  his  judgment  in  the

Company’s  best  interests.  Notwithstanding  the  foregoing  or  any  other  provision  of  this  Agreement,  it

shall  not  be  a  breach  or  violation  of  this  Agreement  for  the  Executive  to  (x)  serve  on  civic  or  charitable

boards  or  committees,  or  (y)  deliver  lectures,  or  fulfill  speaking  engagements,  (z)  advise  companies,  so

long   as   such   activities   do   not   interfere   with   or   detract   from   the   performance   of   the   Executive’s

responsibilities to the Company in accordance with this Agreement.

3.

Term.

(a)

Initial Term.

The  initial  Term  of  Employment  under  this  Agreement,  and  the  employment  of  the

Executive  hereunder,  shall  commence  on  the  Commencement  Date  and  shall  expire  on  June  30,  2017,

unless sooner terminated in accordance with Article 6 hereof.

(b)

Renewal Terms.

At  the  end  of  the  Initial  Term,  the  Term  of  Employment  automatically  shall  renew  for

two  (2)  successive  two  (2)  year  terms  (subject  to  earlier  termination  as  provided  in  Section  6  hereof),

unless the Company or  the Executive  delivers written  notice to the  other  at least three (3) months prior  to

the Expiration Date of its or his election not to renew the Term of Employment.

4.

Compensation.

(a)

Base Salary.

The  Executive  shall  earn  a  Base  Salary  at  the  annual  rate  of  $144,000  ($12,000  per

month)  during  the  Term  of  Employment,  with  such  Base  Salary  payable  in  installments  consistent  with

the  Company's  normal  payroll  schedule,  subject  to  applicable  withholding  and  other  taxes.  The  Base

Salary shall  be reviewed,  at  least  annually,  for  merit  increases and may,  by action and  at  the discretion of

the Board,  be  increased  at  any time  or  from time  to  time,  but  may not  be  decreased  from  the  then  current

Base Salary.

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Employment Agreement – Josef Mettler

(b)

Bonuses.

(i)

The   Executive   shall   receive   such   additional   bonuses,   if   any,   as   the

Compensation Committee and the Board of Directors may in its sole and absolute discretion determine.

(ii)

Any  Bonus  payable  pursuant  to  this  Article  4(b)  shall  be  paid  by  the

Company to the Executive within 2 months after the end of the Bonus Period for which it is payable.

(c)

Signing Bonus

The  Executive  shall  earn  a  signing  bonus  of  five  million  (5,000,000)  shares  of  the  Company’s  Common

Stock  to  be  issued  to  Executive  within  1  month  of  the  Commencement  Date  and  a  signing  bonus  in  cash

in the amount of seventy eight thousand United States Dollars (USD 78,000).

(d)

Stock Options.

The  Executive  shall  be  granted  12,000,000  Stock  Options,  from  the  SunVesta,

Inc.  2013  Stock  Option  Plan,  at  an  exercise  price  of  $0.05  per  share,  which  Stock  Options  shall  vest  as

follows:  3,000,000  Stock  Options  on  that  date  which  the  Company  or  Related  Entity  completes  a  bridge

financing before the main financing agreement, 4,000,000 Stock Options on that date which the Company

or Related Entity completes that financing anticipated for the development of the Paradisus Papagayo Bay

with  any  entity  or  financing  vehicle  and  5,000,000  Stock  Options  on  that  date  which  Paradisus  (Sol

Meliá,  S.A.)  assumes  management  responsibilities  for  the  Paradisus  Papagayo  Bay,  subject  to  the  terms

and  conditions  of  the  Stock  Option  Agreement  (attached  hereto  as  Appendix  A),  the  Stock  Option  Plan

and  all  rules  or  regulations  of  the  Securities  and  Exchange  Commission  applicable  thereto.   Future  stock

option  grants,  and  the  terms  and  conditions  thereof,  shall  be  determined  by  the  Board  in  its  discretion

pursuant to the Stock Option Plan or the plan or arrangement pursuant to which they are granted.

(e)

Retention Award

The  Executive  shall  earn  a  Retention  Award  of  three  million  (3,000,000)  shares  of

Common   Stock   due   and   payable   within   30   days   of   each   annual   anniversary   over   the   Term   of

Employment.

5.

Expense Reimbursement and Other Benefits

(a)

Reimbursement of Expenses.

Upon  the  submission  of  proper  substantiation  by the  Executive,  and  subject  to  such  rules

and  guidelines  as  the  Company  may  from  time  to  time  adopt  with  respect  to  the  reimbursement  of

expenses  of  executive  personnel,  the  Company shall  reimburse  the  Executive  for  all  reasonable  expenses

actually paid  or  incurred  by  the  Executive  in  the  course  of  and  pursuant  to  the  business  of  the  Company.

The  Executive  shall  account  to  the  Company  in  writing  for  all  expenses  for  which  reimbursement  is

sought  and  shall  supply  to  the  Company  copies  of  all  relevant  invoices,  receipts  or  other  evidence

reasonably requested by the Company.

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Employment Agreement – Josef Mettler

(b)

Compensation/Benefit Programs.

During  the  Term  of  Employment,  the  Executive  shall  be  entitled  to  participate  in  all

medical,  dental,  hospitalization,  accidental death and  dismemberment,  disability,  travel  and  life insurance

plans,  and  any  and  all  other  plans  as  are  presently  and  hereinafter  offered  by  the  Company  or  a  Related

Entity  to  its  executive  personnel,  including  savings,  pension,  profit-sharing  and  deferred  compensation

plans,  subject  to  the  general  eligibility  and  participation  provisions  set  forth  in  such  plans.  During  the

Term  of  Employment  the  Company  shall  provide,  or  through  a  Related  Entity  provide  health  insurance,

which  shall  include  medical,  dental,  vision  and  prescription  coverage  for  Executive  and  his  immediate

family on the terms and conditions of the Related Entity’s existing health insurance.

(c)

Automobile.

During  the  Term  of  Employment,  the  Company  shall  furnish  the  Executive  with  an

automobile allowance of no less than $1,000.00 per month.

(d)

Other Benefits.

The  Executive  shall  be  entitled  to  four  (4) weeks  of  paid  vacation  each  calendar  year

during the Term of  Employment  on  the  first  anniversary of  the  Commencement  Date,  to  be  taken  at  such

times  as  the  Executive  and  the  Company  shall  mutually  determine  and  provided  that  no  vacation  time

shall  significantly  interfere  with  the  duties  required  to  be  rendered  by  the  Executive  hereunder.    Any

vacation   time   not   taken   by   Executive   during   any  calendar   year   may   be   carried   forward   into   any

succeeding  calendar  year,  subject  to  a  maximum  accrual  of  ten  (10)  weeks.  The  Executive  shall  receive

such additional benefits, if any, as the Board of the Company shall from time to time determine.

6.

Termination.

(a)

General.

The Term of Employment  shall terminate upon the earliest  to occur of (i) the Executive’s

death, (ii) a termination by the Company by reason of the Executive’s Disability, (iii) a termination by the

Company with or without Cause,  or (iv) a termination by Executive  with  or  without  Good  Reason.   Upon

any termination  of Executive’s  employment  for  any reason,  except  as  may otherwise  be  requested  by the

Company in writing and agreed upon in writing by Executive, the Executive shall resign from any and all

directorships,  committee  memberships  or  any  other  positions  Executive  holds  with  the  Company  or  any

Related Entity.

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Employment Agreement – Josef Mettler

(b)

Termination by Company for Cause.

The  Company  shall  at  all  times  have  the  right,  upon  written  notice  to  the  Executive,  to

terminate  the  Term  of  Employment,  for  Cause.    In  no  event  shall  a  termination  of  the  Executive’s

employment  for  Cause  occur  unless  the  Company  gives  written  notice  to  the  Executive  in  accordance

with  this  Agreement  stating  with  reasonable  specificity  the  events  or  actions  that  constitute  Cause  and

providing  the  Executive  with  an  opportunity  to  cure  (if  curable)  within  a  reasonable  period  of  time.   No

termination  of  the  Executive’s  employment  for  Cause  shall  be  permitted  unless  the  Termination  Date

occurs  during  the  120-day  period  immediately  following  the  date  that  the  events  or  actions  constituting

Cause  first  become  known  to  the  Board.  Cause  shall  in  no  event  be  deemed  to  exist  except  upon  a

decision  made  by  the  Board,  at  a  meeting,  duly  called  and  noticed,  to  which  the  Executive  (and  the

Executive’s counsel) shall be invited upon proper notice.   If the Executive’s employment is terminated by

the Company for  Cause  by reason  of  Article  6(b)  hereof,  and the Executive’s  conviction is  overturned  on

appeal,  then  the  Executive’s  employment  shall  be  deemed  to  have  been  terminated  by  the  Company

without  Cause  in  accordance  with  Article  6(e)  below.    In  the  event  that  the  Term  of  Employment  is

terminated by the Company for Cause, Executive shall be entitled only to the Accrued Obligations.

(c)

Disability.

The   Executive's   employment   hereunder   shall   terminate   upon   his   Disability.   The

Executive's    employment    shall    terminate    in  such  a  case  on  the  last  day  of  the  applicable  period;

provided,  however,  in no event   shall   the  Executive  be terminated by reason of Disability unless (i) the

Executive  is  eligible  for  the  long-term   disability  benefits  set  forth  in  Article  5(b)  and  (ii)  the  Executive

receives  written  notice  from  the  Company,   at  least  30  days  in  advance  of  such  termination,  stating  its

intention to terminate the Executive for reason of Disability and setting forth in reasonable detail the facts

and  circumstances  claimed  to  provide  a  basis  for  such  termination.    In  the  event  that  the  Term  of

Employment  is  terminated  due  to  the  Executive’s  Disability,  in  addition  to  any  benefits  available  from

applicable insurance, the Executive shall be entitled to:

(i)

the  Accrued  Obligations,  payable  as  and  when  those  amounts  would

have been payable;

(ii)

the  continuation  of  the  health  benefits  provided  to  Executive  and  his

covered  dependents under the Company or Related Entity health plans as in effect from time to time after

the Termination Date at the same cost applicable to active employees until the expiration of the Severance

Term.

(d)

Death.

In  the  event  that the Term of Employment  is terminated due to the Executive’s  death, the

Executive shall be entitled to:

(i)

Accrued Obligations;

(ii)

the   continuation   of   the   health   benefits   provided   to   the   Executive’s

covered  dependents  under  the  Company  health  plans  as  in  effect  from  time  to  time  after  the  Executive’s

death  at  the  same  cost  applicable  to  dependents  of  active  employees  until  the  expiration  of  the  Severance

Term.

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Employment Agreement – Josef Mettler

(e)

Termination Without Cause.

The  Company  may  terminate  the  Term  of  Employment  at  any  time  without  Cause,  by

written notice to the Executive not less than 30 days prior to the effective date of such termination.   In the

event  that  the  Term  of  Employment  is  terminated  by  the  Company  without  Cause  (other  than  due  to  the

Executive’s Death or Disability) the Executive shall be entitled to:

(i)

the Accrued Obligations;

(ii)

the   Severance   Amount,   payable   in   cash   in   three   equal   installments

commencing 15 days, 45 days and 75 days after the Termination Date; and

(iii)

the  continuation  of  the  health  benefits  provided  to  Executive  and  his

covered  dependents  under  the  Related  Entity  health  plans  as  in  effect  from  time  to  time  after  the  date  of

such  termination  at  the  same  cost  applicable  to  active  employees  until  the  expiration  of  the  Severance

Term.

(f)

Termination by Executive for Good Reason.

The  Executive  may  terminate  the  Term  of  Employment  for  Good  Reason  by  providing

the   Company  thirty  (30)   days’   written   notice   setting  forth   in   reasonable   specificity  the   event   that

constitutes  Good  Reason,  which  written  notice,  to  be  effective,  must  be  provided  to  the  Company within

one  hundred  and  twenty(120)  days  of  the  occurrence  of  such  event.   During  such  thirty  (30)  day  notice

period,  the  Company  shall  have  a  cure  right  (if  curable),  and  if  not  cured  within  such  period,  the

Executive’s termination shall be effective upon the date immediately following the expiration of the thirty

(30) day notice  period,  and the Executive  shall  be  entitled  to  the same  payments and  benefits  as  provided

in Article 6(e) above for a termination without Cause.

(g)

Termination by Executive Without Good Reason.

The  Executive  may  terminate  his  employment  without  Good  Reason  by  providing  the

Company   thirty   (30)   days’   written   notice   of   such   termination.     In   the   event   of   a   termination   of

employment  by the  Executive  under  this  Section 6(g),  the Executive shall  be  entitled  only to  the Accrued

Obligations.    In  the  event  of  termination  of  the  Executive’s  employment  under  this  Article  6(g),  the

Company  may,  in  its  sole  and  absolute  discretion,  by  written  notice,  accelerate  such  date  of  termination

and still have it treated as a termination without Good Reason.

(h)

Termination Upon Expiration Date.

In   the   event   that   Executive’s   employment   with   the   Company   terminates   upon   the

expiration  of  the  Term  of  Employment,  the  Executive  shall  be  entitled  to  and  the  Company shall  pay the

Executive:

(i)

the Accrued Obligations; and

(ii)

the  continuation  of  the  health  benefits  provided  to  Executive  and  his

covered  dependants  under  the  Company  health  plans  as  in  effect  from  time  to  time  after  the  date  of  such

termination at the same cost applicable to active employees until the expiration of the Severance Term.

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Employment Agreement – Josef Mettler

(i)

Change in Control of the Company.

If  the  Executive’s  employment  is  terminated  by  the  Company  without  Cause  or  by  the

Executive  for Good Reason during (y)  the 6-month period preceding the date of the Change  in Control or

(z) the two 2 year period immediately following the Change in Control, the Executive shall be entitled to:

(i)

the  Accrued  Obligations,  payable  as  and  when  those  amounts  would

have  been  payable  had  the  Term  of  Employment  not  ended;  including  the  immediate  vesting  of  Stock

Options and Retention Award through the end of the Term of Employment;

(ii)

a payment equal to the maximum Severance Amount of $180,000; and

(iii)

the  continuation  of  the  health  benefits  provided  to  Executive  and  his

covered  dependants  under  the  Company  health  plans  as  in  effect  from  time  to  time  after  the  date  of  such

termination at the same cost applicable to active employees until the expiration of the Severance Term.

(j)

Release.

Any payments  due  to  Executive  under  this  Article  6  (other  than  the  Accrued  Obligations

or  any unpaid  expenses  or  payments  due  on  account  of  the  Executive’s  death)  shall  be  conditioned  upon

Executive’s  execution  of  a  general  release  of  claims  in  the  form  attached  hereto  as  Exhibit  A  (subject  to

such modifications as the Company reasonably may request).

(k)

Cooperation.

Following   the   Term   of   Employment,   the   Executive   shall   give   his   assistance   and

cooperation  willingly,  upon  reasonable  advance  notice  with  due  consideration  for  his  other  business  or

personal  commitments,  in  any  matter  relating  to  his  position  with  the  Company,  or  his  expertise  or

experience  as  the  Company  may  reasonably  request,  including  his  attendance  and  truthful  testimony

where  deemed  appropriate  by  the  Company,  with  respect  to  any  investigation  or  the  Company’s  defense

or  prosecution  of  any  existing  or  future  claims  or  litigations  or  other  proceedings  relating  to  matters  in

which  he  was  involved  or  potentially had  knowledge  by virtue  of  his  employment  with  the  Company.   In

no  event  shall  his  cooperation  materially  interfere  with  his  services  for  a  subsequent  employer  or  other

similar  service  recipient.   To  the  extent  permitted  by  law,  the  Company  agrees  that  (i)  it  shall  promptly

reimburse  the  Executive  for  his  reasonable  and  documented  expenses  in  connection  with  his  rendering

assistance  and/or  cooperation  under  this  Article  6(k)  upon  his  presentation  of  documentation  for  such

expenses  and  (ii)  the  Executive  shall  be  reasonably  compensated  for  any  continued  material  services  as

required under this Article 6(k).

(l)

Return of Company Property.

Following the  Termination Date,  the Executive  or  his  personal  representative  shall  return

all  Company  property  in  his  possession,  including  but  not  limited  to  all  computer  equipment  (hardware

and software), telephones, facsimile machines, palm pilots and other communication devices, credit cards,

office  keys,  security  access  cards,  badges,  identification  cards  and  all  copies  (including  drafts)  of  any

documentation  or  information  (however  stored)  relating  to  the  business  of  the  Company,  its  customers

and clients or its prospective customers and clients.

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Employment Agreement – Josef Mettler

(m)

Section 409A.

To  the  extent  that  the  Executive  otherwise  would  be  entitled  to  any  payment  (whether

pursuant  to  this  Agreement  or  otherwise)  during  the  six  months  beginning  on  the  Termination  Date  that

would be subject to the additional tax imposed under Section 409A of the Code (“Section 409A”), (x) the

payment  shall  not  be  made  to  the  Executive  during  such  six  month  period  and  instead  shall  be  made  to  a

trust  in  compliance  with  Revenue  Procedure  92-64  (the  “Rabbi  Trust”)  and  (y)  the  payment  shall  be  paid

to  the  Executive  on  the  earlier  of  the  six-month  anniversary  of  the  Termination  Date  or  the  Executive’s

death  or  Disability.  Similarly,  to  the  extent  that  the  Executive  otherwise  would  be  entitled  to  any benefit

(other than a payment)  during the six months  beginning on the  Termination Date  that would be subject  to

the  Section  409A  additional  tax,  the  benefit  shall  be  delayed  and  shall  begin  being  provided  (together,  if

applicable,  with  an  adjustment  to  compensate the  Executive  for  the  delay)  on  the  earlier  of  the  six-month

anniversary of the Termination Date, or the Executive’s death or Disability.

(i)

The  Company  shall  not  take  any  action  that  would  expose  any  payment

or  benefit  to  the  Executive  to  the  additional  tax  of  Section  409A,  unless  (w)  the Company is  obligated  to

take  the  action  under  an  agreement,  plan  or  arrangement  to  which  the  Executive  is  a  party,  (x)  the

Executive requests the action, (y) the Company advises the Executive in writing that the action may result

in the imposition of the additional  tax,  and (z)  the Executive subsequently requests  the action in a writing

that acknowledges that the Executive shall be responsible for any effect of the action under Section 409A.

(ii)

It  is  the  Company’s  intention  that  the  benefits  and  rights  to  which  the

Executive  could  become  entitled  in  connection  with  termination  of  employment  comply  with  Section

409A.  If  the  Executive  or  the  Company  believes,  at  any  time,  that  any  of  such  benefit  or  right  does  not

comply,  it  shall  promptly  advise  the  other  and  shall  negotiate  reasonably  and  in  good  faith  to  amend  the

terms of such benefits and rights such that they comply with Section 409A (with the most limited possible

economic effect on the Executive and on the Company).

(n)

Clawback of Certain Compensation and Benefits.

If  within  the  three  year  period  after  the  termination  of  the  Executive’s  employment  with

the Company for any reason other than by the Company for Cause:

(i)

it  is  determined  in  good  faith  by  the  Board  and  in  accordance  with  the

due process  requirements of Article 6(b) that  the Executive’s employment could have been  terminated by

the  Company  for  Cause  under  Article  6(b)  (unless  the  Board  knew  or  should  have  known  that  as  of  the

Termination  Date  the  Executive’s  employment  could  have  been  terminated  for  Cause  in  accordance  with

Article 6(b)); or

(ii)

if  the  Company determines  that  the  Executive  has  engaged  in  fraudulent

or  intentional  misconduct  related  to  or  materially  affecting  the  Company’s  business  operations  or  the

Executive’s duties at the Company; or

(iii)

the  Executive  breaches  Article  7,  then,  in  addition  to  any  other  remedy

that  may  be  available  to  the  Company  in  law  or  equity  and/or  pursuant  to  any  other  provisions  of  this

Agreement, the Executive’s employment shall  be deemed to have been terminated for Cause retroactively

to the Termination Date.

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Employment Agreement – Josef Mettler

The Executive also shall be subject to the following provisions:

(a)   The  Executive  shall  be  required  to  pay  to  the  Company,  immediately  upon  written  demand

by  the  Board,  (a)  notwithstanding  Article  1  (a)(iii),  Article  1(a)(iv)  and  Article  6(b),  the  additional

amounts  paid  to  Executive  as  a  Bonus,  Deferred  Compensation,  Retention  Award,  or  Severance;  that

Executive would not have received had Executive’s employment been terminated for Cause;  and

(b)  The  Executive  shall  be  required  to  pay  to  the  Company  any  additional  amounts  paid  to

Executive  on  or  after  the  Termination  Date  (including  the  pre-tax  cost  to  the  Company  of  any  benefits

that  are  in  excess  of  the  total  amount  that  the  Company  would  have  been  required  to  pay and  the  pre-tax

cost  of  any benefits  that  the  Company  would  have  been  required  to  provide)  that  are  in  addition  to  those

amounts    Executive  would  have  received  if  the  Executive’s  employment  with  the  Company  had  been

terminated by the Company for Cause in accordance with Article 6(b) above, and;

(c)  Notwithstanding Article 1  (a)(iii)  and Article  6(b),  the Executive  shall  forfeit  at  the  discretion

of  the  Board,  based  on  the  facts  and  circumstances  surrounding  the  Executive’s  culpability,  all  or  a

portion of the Stock Options granted pursuant to this Agreement, vested and unvested, or if Stock Options

have been exercised, all or a portion of the shares so issued for cancellation upon payment by Company to

Executive  the  full  exercise  price,  while  any  remaining  Stock  Options,  if  any,  may  be  rescinded  by  the

Board.

7.

Restrictive Covenants.

(a)

Non-competition.

At  all  times  during  the  Restricted  Period,  the  Executive  shall  not,  directly  or  indirectly

(whether  as  a  principal,  agent,  partner,  employee,  officer,  investor,  owner,  consultant,  board  member,

security holder,  creditor  or  otherwise),  engage  in  any Competitive  Activity,  or  have  any direct  or  indirect

interest  in  any sole  proprietorship,  corporation,  company,  partnership,  association,  venture  or  business  or

any  other  person  or  entity  that  directly  or  indirectly  (whether  as  a  principal,  agent,  partner,  employee,

officer,  investor,  owner,  consultant,  board  member,  security  holder,  creditor,  or  otherwise)  engages  in  a

Competitive   Activity;   provided   that   the   foregoing   shall   not   apply  to   the   Executive's   ownership  of

Common Stock of the Company or the acquisition by the Executive, solely as an investment, of securities

of  any issuer  that  is  registered  under  Section  12(b)  or  12(g)  of  the  Securities  Exchange  Act  of  1934,  and

that  are listed or admitted for  trading on any United States  national securities exchange or  that are  quoted

on  the  NASDAQ  Stock  Market,  or  any  similar  system  or  automated  dissemination  of  quotations  of

securities  prices  in  common  use,  so  long  as  the  Executive  does  not  control,  acquire  a  controlling  interest

in  or  become  a  member  of  a  group  which  exercises  direct  or  indirect  control  of,  more  than  five  percent

(5%) of any class of capital stock of such corporation.

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Employment Agreement – Josef Mettler

(b)

Non-solicitation of Employees and Certain Other Third Parties.

At  all  times  during  the  Restricted  Period,  the  Executive  shall  not,  directly  or  indirectly,

for himself or for any other person, firm, corporation, partnership, association or other entity (i) employ or

attempt   to   employ   or   enter   into   any   contractual   arrangement   with   any   employee,   consultant   or

independent  contractor  performing  services  for  the  Company,  or  any  Affiliate  or  Related  Entity,  unless

such employee, consultant or independent contractor, has not been employed or engaged by the Company

for  a  period  in  excess  of  six  (6)  months,  and/or  (ii) call  on  or  solicit  any  of  the  actual  or  targeted

prospective  customers  or  clients  of  the  Company  or  any  Affiliate  or  Related  Entity  on  behalf  of  any

person  or  entity  in  connection  with  any  Competitive  Activity,  nor  shall  the  Executive  make  known  the

names  and  addresses  of  such  actual  or  targeted  prospective  customers  or  clients,  or  any  information

relating  in  any manner  to  the  trade  or  business  relationships  of  the  Company or  any Affiliates  or  Related

Entities  with  such  customers  or  clients,  other  than  in  connection  with  the  performance  of  the  Executive’s

duties  under  this  Agreement,  and/or  (iii)  persuade  or  encourage  or  attempt  to  persuade  or  encourage  any

persons  or  entities  with  whom the  Company or  any Affiliate  or  Related Entity does  business  or  has  some

business  relationship  to  cease  doing  business  or  to  terminate  its  business  relationship  with  the  Company

or  any  Affiliate  or  Related  Entity  or  to  engage  in  any  Competitive  Activity  on  its  own  or  with  any

competitor of the Company or any Affiliate or Related Entity.

(c)

Confidential Information.

The  Executive  shall  not  at  any  time  divulge,  communicate,  use  to  the  detriment  of  the

Company  or  for  the  benefit  of  any  other  person  or  persons,  or  misuse  in  any  way,  any  Confidential

Information  pertaining  to  the  business  of  the  Company.   Any  Confidential  Information  or  data  now  or

hereafter acquired by the Executive with respect to the business of the Company (which shall include, but

not  be  limited  to,  information  concerning  the  Company's  financial  condition,  prospects,  technology,

customers, suppliers, sources  of leads and methods of doing business) shall be deemed a valuable, special

and  unique  asset  of  the  Company  that  is  received  by the  Executive  in  confidence  and  as  a  fiduciary,  and

the   Executive   shall   remain   a   fiduciary   to   the   Company   with   respect   to   all   of   such   information.

Notwithstanding  the  foregoing,  nothing  herein  shall  be  deemed  to  restrict  the  Executive  from  disclosing

Confidential  Information  as  required  to  perform his  duties  under  this Agreement  or  to  the  extent  required

by law.   If any person or  authority makes  a demand on the  Executive purporting to  legally compel him to

divulge  any  Confidential  Information,  the  Executive  immediately  shall  give  notice  of  the  demand  to  the

Company so  that  the Company may first  assess  whether  to  challenge  the  demand prior  to the  Executive’s

divulging   of   such   Confidential   Information.     The   Executive   shall   not   divulge   such   Confidential

Information  until  the  Company  either  has  concluded  not  to  challenge  the  demand,  or  has  exhausted  its

challenge, including appeals, if any.   Upon request by the Company,  the Executive  shall deliver  promptly

to  the  Company  upon  termination  of  his  services  for  the  Company,  or  at  any  time  thereafter  as  the

Company may request, all memoranda, notes, records, reports, manuals, drawings, designs, computer files

in any media and other documents (and all copies thereof) containing such Confidential Information.

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Employment Agreement – Josef Mettler

(d)

Ownership of Developments.

All  processes,  concepts,  techniques,  inventions  and  works  of  authorship,  including  new

contributions,  improvements,  formats,  packages,  programs,  systems,  machines,  compositions  of  matter

manufactured,  developments,  applications  and  discoveries,  and  all  copyrights,  patents,  trade  secrets,  or

other intellectual  property rights  associated therewith conceived, invented,  made, developed or created by

the  Executive  during  the  Term  of  Employment  either  during  the  course  of  performing  work  for  the

Companies   or   their   clients   or   which   are   related   in   any   manner   to   the   business   (commercial   or

experimental)  of  the  Company or  its  clients  (collectively,  the  “Work  Product”),  within  the  field  of  use  of

wear  and  corrosion  resistant  coatings  shall  belong  exclusively  to  the  Company  and  shall,  to  the  extent

possible,  be  considered  a  work  made  by  the  Executive  for  hire  for  the  Company  within  the  meaning  of

Title  17  of  the  United  States  Code.    To  the  extent  the  Work  Product  within  the  wear  and  corrosion

coatings  field  of  use  may  not  be  considered  work  made  by  the  Executive  for  hire  for  the  Company,  the

Executive  agrees  to  assign,  and  automatically assign  at  the time  of  creation  of the  Work Product,  without

any requirement of further consideration, any right, title, or interest the Executive may have in such Work

Product.    Upon  the  request  of  the  Company,  the  Executive  shall  take  such  further  actions,  including

execution and delivery of instruments of conveyance, as may be appropriate to give full  and proper effect

to such assignment.  The Executive shall  further:  (i)  promptly disclose the Work Product to the Company;

(ii)  assign  to  the  Company,  without  additional  compensation,  all  patent  or  other  rights  to  such  Work

Product  for  the  United  States  and  foreign  countries;  (iii)  sign  all  papers  necessary  to  carry  out  the

foregoing;  and  (iv)  give  testimony  in  support  of  his  inventions,  all  at  the  sole  cost  and  expense  of  the

Company.

(e)

Books and Records.

All books,  records,  and accounts relating in any manner to the customers or  clients  of the

Company,  whether  prepared  by  the  Executive  or  otherwise  coming  into  the  Executive's  possession,  shall

be  the  exclusive   property  of  the  Company  and  shall  be  returned  immediately  to  the  Company  on

termination of the Executive's employment hereunder or on the Company's request at any time.

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Employment Agreement – Josef Mettler

(f)

Acknowledgment by Executive.

The Executive acknowledges  and confirms that the restrictive  covenants contained in this

Article  7  (including  without  limitation  the  length  of  the  term  of  the  provisions  of  this  Article  7)  are

reasonably  necessary  to  protect  the  legitimate  business  interests  of  the  Company,  and  are  not  overbroad,

overlong,  or  unfair  and  are  not  the  result  of  overreaching,  duress  or  coercion  of  any  kind.  The  Executive

further  acknowledges and confirms  that the  compensation payable to the Executive under this Agreement

is  in  consideration  for  the  duties  and  obligations  of  the  Executive  hereunder,  including  the  restrictive

covenants  contained  in  this  Article  7,  and  that  such  compensation  is  sufficient,  fair  and  reasonable.   The

Executive  further acknowledges  and confirms that  his full,  uninhibited  and faithful  observance  of each  of

the  covenants  contained  in  this  Article  7  will  not  cause  him  any  undue  hardship,  financial  or  otherwise,

and  that  enforcement  of  each  of  the  covenants  contained  herein  will  not  impair  his  ability  to  obtain

employment  commensurate  with  his  abilities  and  on  terms  fully acceptable  to  him  or  otherwise  to  obtain

income required for the comfortable  support  of him and his family and  the satisfaction of the needs  of his

creditors.   The  Executive  acknowledges  and  confirms  that  his  special  knowledge  of  the  business  of  the

Company  is  such  as  would  cause  the  Company  serious  injury  or  loss  if  he  were  to  use  such  ability  and

knowledge  to  the  benefit  of  a  competitor  or  were  to  compete  with  the  Company in  violation  of  the  terms

of  this  Article  7.  The  Executive  further  acknowledges  that  the  restrictions  contained  in  this  Article  7  are

intended to be, and  shall be,  for the  benefit  of and shall  be enforceable by,  the Company’s  successors and

assigns.  The Executive expressly agrees that upon any breach or violation of the provisions of this Article

6,  the  Company  shall  be  entitled,  as  a  matter  of  right,  in  addition  to  any  other  rights  or  remedies  it  may

have,  to  (i)  temporary  and/or  permanent  injunctive  relief  in  any  court  of  competent  jurisdiction  as

described  in  Article  7(h)  hereof,  and  (ii)  such  damages  as  are  provided  at  law or  in  equity.  The  existence

of  any  claim  or  cause  of  action  against  the  Company  or  its  affiliates,  whether  predicated  upon  this

Agreement  or  otherwise,  shall  not  constitute  a  defense  to  the  enforcement  of  the  restrictions  contained  in

this Article 7.

(g)

Reformation by Court.

In  the  event  that  a  court  of  competent  jurisdiction  shall  determine  that  any  provision  of

this  Article  7  is  invalid  or  more  restrictive  than  permitted  under  the  governing  law  of  such  jurisdiction,

then  only as  to  enforcement  of this  Article  7  within  the  jurisdiction  of such  court,  such  provision  shall  be

interpreted  or  reformed  and  enforced  as  if  it  provided  for  the  maximum  restriction  permitted  under  such

governing law.

(h)

Extension of Time.

If  the  Executive  shall  be  in  violation  of  any  provision  of  this  Article  7,  then  each  time

limitation  set  forth  in  this  Article  7  shall  be  extended  for  a  period  of  time  equal  to  the  period  of  time

during  which  such  violation  or  violations  occur.    If  the  Company  seeks  injunctive  relief  from  such

violation  in  any court,  then  the  covenants  set  forth  in  this  Article  7  shall  be  extended  for  a  period  of time

equal to the duration of such proceeding including all appeals by the Executive.

Page 16

Employment Agreement – Josef Mettler

(i)

Injunction.

It  is  recognized  and  hereby  acknowledged  by  the  parties  hereto  that  a  breach  by  the

Executive  of  any  of  the  covenants  contained  in  Article  7  of  this  Agreement  will  cause  irreparable  harm

and damage to the Company, the monetary amount of which may be virtually impossible to ascertain.   As

a  result,  the  Executive  recognizes  and  hereby  acknowledges  that  the  Company  shall  be  entitled  to  an

injunction from any court of competent jurisdiction enjoining and restraining any violation of any or all of

the   covenants   contained   in   Article   7  of  this  Agreement   by  the   Executive   or  any  of  his   affiliates,

associates,  partners  or  agents,  either  directly  or  indirectly,  and  that  such  right  to  injunction  shall  be

cumulative and in addition to whatever other remedies the Company may possess.

8.

Representations and Warranties of Executive.

The Executive represents and warrants to the Company that:

(a)

The  Executive’s  employment  will  not  conflict  with  or  result  in  his  breach  of  any

agreement to which he is a party or otherwise may be bound;

(b)

The  Executive  has  not  violated,  and  in  connection  with  his  employment  with  the

Company  will  not  violate,  any  non-solicitation,  non-competition  or  other  similar  covenant  or  agreement

of a prior employer by which he is or may be bound; and

(c)

In  connection  with  Executive’s  employment  with  the  Company,  he  will  not  use

any  confidential  or  proprietary  information  that  he  may  have  obtained  in  connection  with  employment

with  any prior employer,  with the  exception  of   current  or  former  affiliates,  parents,  or  subsidiaries  of  the

company; and

(d)

The  Executive  has  not  committed  any  criminal  act  with  respect  to  Executive’s

current or any prior employment; and

(e)

The Executive is not dependent on alcohol or the illegal use of drugs

9.

Mediation.

Except to the extent the Company has the right  to seek an injunction under Article 7(h) hereof, in

the  event  a  dispute  arises  out  of  or  relates  to  this  Agreement,  or  the  breach  thereof,  and  if  the  dispute

cannot  be  settled  through  negotiation,  the  parties  hereby  agree  first  to  attempt  in  good  faith  to  settle  the

dispute   by  mediation   administered   by  the   American  Arbitration  Association  under  its  Employment

Mediation Rules before resorting to the jurisdiction of federal or state courts to resolve any dispute.

10.

Taxes.

Anything in this Agreement  to the contrary notwithstanding, all payments  required to be made by

the  Company hereunder  to  the  Executive  or  his  estate  or  beneficiaries  shall  be  subject  to  the  withholding

of  such  amounts  relating  to  taxes  as  the  Company may reasonably determine  it  should  withhold  pursuant

to  any  applicable  law  or  regulation.    In  lieu  of  withholding  such  amounts,  in  whole  or  in  part,  the

Company  may,  in  its  sole  discretion,  accept  other  provisions  for  payment  of  taxes  and  withholding  as

required  by  law,  provided  it  is  satisfied  that  all  requirements  of  law  affecting  its  responsibilities  to

withhold have been satisfied.

Page 17

Employment Agreement – Josef Mettler

11.

Assignment.

The  Company  shall  have  the  right  to  assign  this  Agreement  and  its  rights  and  obligations

hereunder  in  whole,  but  not  in  part,  to  any  corporation  or  other  entity  with  or  into  which  the  Company

may  hereafter  merge  or  consolidate  or  to  which  the  Company  may  transfer  all  or  substantially  all  of  its

assets, if in any such case said corporation or other entity shall by operation of law or expressly in writing

assume all  obligations  of the Company hereunder  as  fully as if it  had been originally made a party hereto,

but  may not  otherwise  assign  this Agreement  or  its  rights  and  obligations  hereunder.   The  Executive  may

not assign or transfer this Agreement or any rights or obligations hereunder.

12.

Governing Law.

This Agreement shall  be  governed  by and  construed and  enforced in accordance with  the internal

laws of the State of Florida, without regard to principles of conflict of laws.

13.

Jurisdiction and Venue.

The  parties  acknowledge  that  a  substantial  portion  of  the  negotiations,  anticipated  performance

and  execution  of  this  Agreement  occurred  or  shall  occur  in  Miami,  Florida,  and  that,  therefore,  without

limiting  the  jurisdiction  or  venue  of  any  other  federal  or  state  courts,  each  of  the  parties  irrevocably  and

unconditionally  (i)  agrees  that  any  suit,  action  or  legal  proceeding  arising  out  of  or  relating  to  this

Agreement  which  is  expressly permitted  by the  terms  of  this  Agreement  to  be  brought  in  a  court  of  law,

shall  be  brought  in  the  courts  of  record  of  the  State  of  Florida  or  the  court  of  the  United  States;  (ii)

consents  to  the  jurisdiction  of  each  such  court  in  any  such  suit,  action  or  proceeding;  (iii)  waives  any

objection  which  it  or  he  may have  to  the  laying  of  venue  of  any such  suit,  action  or  proceeding  in  any of

such  courts;  and  (iv)  agrees  that  service  of  any  court  papers  may  be  effected  on  such  party  by  mail,  as

provided  in  this  Agreement,  or  in  such  other  manner  as  may  be  provided  under  applicable  laws  or  court

rules in such courts.

14.

Survival.

The respective rights  and  obligations of the  parties hereunder  shall  survive any termination of the

Executive’s   employment   hereunder,   including   without   limitation,   the   Company’s   obligations   under

Article  6  and  the  Executive’s  obligations  under  Article  7  above,  and  the  expiration  of  the  Term  of

Employment, to the extent necessary to the intended preservation of such rights and obligations.

15.

Notices.

All notices required or permitted to be  given  hereunder shall be in writing and shall be personally

delivered  by  courier,  sent  by  registered  or  certified  mail,  return  receipt  requested  or  sent  by  confirmed

facsimile  transmission  addressed  as  set  forth  herein.   Notices  personally  delivered,  sent  by  facsimile  or

sent  by overnight  courier  shall  be  deemed  given  on  the  date  of  delivery and  notices  mailed in  accordance

with the foregoing shall be deemed given upon the earlier of receipt by the addressee, as evidenced by the

return  receipt  thereof,  or  three  (3)  days  after  deposit  in  the  U.S.  mail.   Notice  shall  be  sent  (i) if  to  the

Company,  addressed  to  97  Seestrasse,  Oberrieden,  Switzerland  CH-8942  Attention:  Josef  Mettler,  CEO,

and  (ii) if  to  the  Executive,  to  his  address  as  reflected  on  the  payroll  records  of  the  Company,  or  to  such

other address as either party shall request by notice to the other in accordance with this provision.

Page 18

Employment Agreement – Josef Mettler

16.

Benefits; Binding Effect.

This Agreement shall be for the benefit of and binding upon the parties hereto and their respective

heirs,  personal  representatives,  legal  representatives,  successors  and,  where  permitted  and  applicable,

assigns,  including,  without  limitation,  any  successor  to  the  Company,  whether  by  merger,  consolidation,

sale of stock, sale of assets or otherwise.

17.

Right to Consult with Counsel; No Drafting Party.

The  Executive  acknowledges  having  read  and  considered  all  of  the  provisions  of  this  Agreement

carefully, and having had the opportunity to consult with counsel of his own choosing, and, given this, the

Executive  agrees  that  the  obligations  created  hereby  are  not  unreasonable.   The  Executive  acknowledges

that  he  has  had  an  opportunity  to  negotiate  any  and  all  of  these  provisions  and  no  rule  of  construction

shall  be  used  that  would  interpret  any provision  in  favor  of  or  against  a  party on  the  basis  of  who  drafted

the Agreement.

18.

Severability.

The  invalidity  of  any  one  or  more  of  the  words,  phrases,  sentences,  clauses,  provisions,  sections

or articles  contained in this Agreement  shall  not  affect the enforceability of the  remaining portions of this

Agreement  or  any part  thereof,  all  of  which  are  inserted  conditionally on  their  being  valid  in  law,  and,  in

the  event  that  any  one  or  more  of  the  words,  phrases,  sentences,  clauses,  provisions,  sections  or  articles

contained in this Agreement shall be declared invalid, this Agreement shall be construed as if such invalid

word  or  words,  phrase  or  phrases,  sentence  or  sentences,  clause  or  clauses,  provisions  or  provisions,

section  or  sections  or  article  or  articles  had  not  been  inserted.   If  such  invalidity  is  caused  by  length  of

time  or  size  of  area,  or  both,  the  otherwise  invalid  provision  will  be  considered  to  be  reduced  to  a  period

or area which would cure such invalidity.

19.

Waivers.

The  waiver  by  either  party  hereto  of  a  breach  or  violation  of  any  term  or  provision  of  this

Agreement shall not operate nor be construed as a waiver of any subsequent breach or violation.

20.

Damages; Attorneys Fees.

Nothing  contained  herein  shall  be  construed  to  prevent  the  Company  or  the  Executive  from

seeking and recovering from the other damages sustained by either or both of them as a result of its or his

breach  of  any  term  or  provision  of  this  Agreement.  In  the  event  that  either  party  hereto  seeks  to  collect

any  damages  resulting  from,  or  the  injunction  of  any  action  constituting,  a  breach  of  any  of  the  terms  or

provisions  of  this  Agreement,  then  the  party  found  to  be  at  fault  shall  pay  all  reasonable  costs  and

attorneys' fees of the other.

21.

No Set-off or Mitigation.

The Company’s obligation to make the payments provided for in this Agreement and otherwise to

perform  its  obligations  hereunder  shall  not  be  affected  by any set-off,  counterclaim,  recoupment,  defense

or other claim, right or action which the Company may have against the Executive or others.

Page 19

Employment Agreement – Josef Mettler

22.

Section Headings.

The   article,   section   and   paragraph   headings   contained   in   this   Agreement   are   for   reference

purposes only and shall not affect in any way the meaning or interpretation of this Agreement.

23.

No Third Party Beneficiary.

Nothing expressed or implied in this Agreement is intended, or shall be construed, to confer upon

or  give  any  person  other  than  the  Company,  the  parties  hereto  and  their  respective  heirs,  personal

representatives,  legal  representatives,  successors  and  permitted  assigns,  any  rights  or  remedies  under  or

by reason of this Agreement.

24.

Counterparts.

This  Agreement  may be  executed  in  one  or  more  counterparts,  each  of  which  shall  be  deemed  to

be an original but all of which together shall constitute one and the same instrument and agreement.

25.

Indemnification.

(a)

Subject  to  limitations  imposed  by  law,  the  Company  shall  indemnify  and  hold

harmless  the  Executive  to  the  fullest  extent  permitted  by  law  from  and  against  any  and  all  claims,

damages,  expenses  (including  attorneys'  fees),  judgments,  penalties,  fines,  settlements,  and  all  other

liabilities incurred or paid by him in connection with the investigation, defense, prosecution, settlement or

appeal  of  any  threatened,  pending  or  completed  action,  suit  or  proceeding,  whether  civil,  criminal,

administrative  or  investigative  and  to  which  the Executive  was  or  is  a  party or  is  threatened  to  be  made  a

party by reason  of the  fact that  the Executive  is  or  was  an  officer,  employee  or  agent  of  the  Company,  or

by reason of anything done  or  not  done  by the Executive in any such capacity or  capacities,  provided that

the  Executive  acted  in  good  faith,  in  a  manner  that  was  not  grossly  negligent  or  constituted  willful

misconduct  and  in  a  manner  he  reasonably  believed  to  be  in  or  not  opposed  to  the  best  interests  of  the

Company,  and,  with  respect  to  any criminal  action  or  proceeding,  had  no  reasonable  cause  to  believe  his

conduct  was  unlawful.    The  Company  also  shall  pay  any  and  all  expenses  (including  attorney's  fees)

incurred  by  the  Executive  as  a  result  of  the  Executive  being  called  as  a  witness  in  connection  with  any

matter involving the Company and/or any of its officers or directors.

(b)

Except  in  the  event  that  the  Company  is  involved  in  an  adversarial  claim  either

against  or  initiated  by  Executive,  the  Company  shall  pay  any  expenses  (including  attorneys'  fees),

judgments,  penalties,  fines,  settlements,  and  other  liabilities  incurred  by  the  Executive  in  investigating,

defending,  settling  or  appealing  any  action,  suit  or  proceeding  described  in  this  Article  25  in  advance  of

the  final  disposition  of  such  action,  suit  or  proceeding.    Subject  to  the  limited  exception  conditioned

above,  the  Company  shall  promptly  pay  the  amount  of  such  expenses  to  the  Executive,  but  in  no  event

later  than  10  days  following  the  Executive's  delivery to  the  Company of  a  written  request  for  an  advance

pursuant to this Article 25, together with a reasonable accounting of such expenses.

(c)

The  Executive   hereby  undertakes   and  agrees   to  repay  to   the  Company  any

advances  made  pursuant  to  this  Article  25  if  and  to  the  extent  that  it  shall  ultimately  be  found  that  the

Executive is not entitled to be indemnified by the Company for such amounts.

Page 20

Employment Agreement – Josef Mettler

(d)

The   Company   shall   make   the   advances   contemplated   by   this   Article   25

regardless of  the Executive's  financial  ability to  make  repayment,  and regardless whether indemnification

of  the  Indemnitee  by the  Company  will  ultimately be  required.   Any advances  and  undertakings  to  repay

pursuant  to  this  Article  25  shall  be  unsecured  and  interest-free.  The  provisions  of  this  Article  25  shall

survive the termination of the Term of Employment or expiration of the term of this Agreement.

(e)

The  provisions  of  this  Article  25  shall  survive  the  termination  of  the  Term  of

Employment or expiration of this Agreement.

IN  WITNESS  WHEREOF,  the  undersigned  have  executed  this  Agreement  as  of  the  date  first

above written.

SUNVESTA, INC.:

EXECUTIVE:

/s/ Hans Rigendinger

/s/ Josef Mettler

Hans Rigendinger

Josef Mettler

Chief Operating Officer, Director

Chief Executive and Chief Financial Officer

President

/s/ Max Rӧssler

Director

Page 21

Employment Agreement – Josef Mettler

EXHIBIT A

FORM OF RELEASE

GENERAL RELEASE OF CLAIMS

Josef  Mettler  (“Executive”),  for  himself  and  his  family,  heirs,  executors,  administrators,  legal

representatives  and  their  respective  successors  and  assigns,  in  exchange  for  the  consideration  received

pursuant  to  Articles   6(c)  (in  the   case  of  Disability),   Articles   6(e)   or   6(f)   (other  than  the  Accrued

Obligations)   of   the   Employment   Agreement   to   which   this   release   is   attached   as   Exhibit   A   (the

“Employment  Agreement”),  does  hereby  release  and  forever  discharge  SunVesta,  Inc.  (the  “Company”),

its  subsidiaries,  affiliated  companies,  successors  and  assigns,  and  its  current  or  former  directors,  officers,

employees,  shareholders  or  agents  in  such  capacities  (collectively  with  the  Company,  the  “Released

Parties”)  from any and  all  actions,  causes of  action,  suits,  controversies, claims and  demands  whatsoever,

for  or  by reason  of  any matter,  cause  or  thing whatsoever,  whether  known  or  unknown  including,  but  not

limited   to,   all   claims   under   any   applicable   laws   arising   under   or   in   connection   with   Executive’s

employment  or  termination  thereof,  whether  for  tort,  breach  of  express  or  implied  employment  contract,

wrongful  discharge,  intentional  infliction  of  emotional  distress,  or  defamation  or  injuries  incurred  on  the

job or incurred as a result of loss of employment.   Executive acknowledges that the Company encouraged

him  to  consult  with  an  attorney  of  his  choosing,  and  through  this  General  Release  of  Claims  encourages

him  to   consult   with   his   attorney  with   respect   to  possible   claims  under  the  Age   Discrimination   in

Employment Act (“ADEA”) and that he understands that the ADEA is a Federal statute that, among other

things,  prohibits  discrimination  on  the  basis  of  age  in  employment  and  employee  benefits  and  benefit

plans.   Without limiting the generality of the release provided  above, Executive expressly waives  any and

all  claims  under  ADEA  that  he  may  have  as  of  the  date  hereof.   Executive  further  understands  that  by

signing  this  General  Release  of  Claims  he  is  in  fact  waiving,  releasing  and  forever  giving  up  any  claim

under the ADEA as well as all other laws within the scope of this paragraph 1 that may have existed on or

prior  to  the  date  hereof.    Notwithstanding  anything  in  this  paragraph  1  to  the  contrary,  this  General

Release  of  Claims  shall  not  apply  to  (i)  any  actions  to  enforce  rights  arising  under,  or  any  claim  for

benefits  which  may  be  due  Executive  pursuant  to,  the  Employment  Agreement,  (ii)  any  rights  or  claims

that  may  arise  as  a  result  of  events  occurring  after  the  date  this  General  Release  of  Claims  is  executed,

(iii)  any indemnification  rights  Executive  may have  as  a  former  officer  or  director  of  the  Company or  its

subsidiaries or affiliated companies, (iv) any claims for benefits under any directors’ and officers’ liability

policy maintained by the Company or its subsidiaries or affiliated companies in accordance with the terms

of such policy, and (v) any rights as a holder of equity securities of the Company.

Executive represents that he has not filed against the Released Parties any complaints, charges, or

lawsuits  arising  out  of  his  employment,  or  any other  matter  arising  on  or  prior  to  the  date  of  this  General

Release  of  Claims,  and  covenants  and  agrees  that  he  will  never  individually  or  with  any  person  file,  or

commence the filing of,  any charges,  lawsuits,  complaints or proceedings with any governmental  agency,

or  against  the  Released  Parties  with  respect  to  any  of  the  matters  released  by  Executive  pursuant  to

paragraph  1  hereof  (a  “Proceeding”);  provided,  however,  Executive  shall  not  have  relinquished  his  right

to  commence  a  Proceeding  to  challenge  whether  Executive  knowingly  and  voluntarily  waived  his  rights

under ADEA.

Executive hereby acknowledges that the Company has informed him that he has up to twenty-one

(21)  days  to  sign  this  General  Release  of  Claims  and  he  may  knowingly  and  voluntarily  waive  that

twenty-one (21) day period by signing this General Release of Claims earlier.  Executive also understands

that  he  shall  have  seven  (7)  days  following  the  date  on  which  he  signs  this  General  Release  of  Claims

within which to revoke it by providing a written notice of his revocation to the Company.

Page 22

Employment Agreement – Josef Mettler – Exhibit

Executive  acknowledges  that  this  General  Release  of  Claims  will  be  governed  by  and  construed

and enforced in accordance with the internal laws of the State of Florida applicable to contracts made and

to be performed entirely within such State.

Executive acknowledges that he has read this General Release of Claims, that he has been advised

that  he  should  consult  with  an  attorney  before  he  executes  this  general  release  of  claims,  and  that  he

understands  all  of its  terms and  executes it voluntarily and with full  knowledge of  its  significance and the

consequences thereof.

This  General   Release   of   Claims   shall   take   effect   on   the   eighth   day  following   Executive’s

execution  of  this  General  Release  of  Claims  unless  Executive’s  written  revocation  is  delivered  to  the

Company within seven (7) days after such execution.

____________________________

Josef Mettler

_______________, 20__

Page 23

Employment Agreement – Josef Mettler – Exhibit

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