Document:

EX-10.3

 EXHIBIT 10.3 

FORM OF REGISTRATION RIGHTS AGREEMENT 

THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made and entered into as of
            , 2013, by and between Arc Logistics Partners LP, a Delaware limited partnership (the “Partnership”) and Lightfoot Capital Partners, LP, a Delaware limited
partnership (“Sponsor”). 
 WHEREAS, this Agreement is made in connection with the transactions contemplated by the
Contribution Agreement dated October 25, 2013 (the “Contribution Agreement”); 
 WHEREAS, the Partnership has agreed to
provide the registration and other rights set forth in this Agreement for the benefit of Sponsor pursuant to the Contribution Agreement; and 

WHEREAS, it is a condition to the obligations of Sponsor under the Contribution Agreement that this Agreement be executed and delivered; 

NOW THEREFORE, in consideration of the mutual covenants and agreements set forth herein and for good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged by each party hereto, the parties hereby agree as follows: 
 ARTICLE I 

DEFINITIONS 

Section 1.01. Definitions. Capitalized terms used herein without definition shall have the meanings given to them in the
Partnership Agreement. The terms set forth below are used herein as so defined: 
 “Affiliate” means, with respect to a
specified Person, any other Person that directly or indirectly through one or more intermediaries controls, is controlled by, or is under common control with, the specified Person. As used herein, the term “control” means the possession,
direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise. 

“Agreement” has the meaning given to such term in the introductory paragraph. 

“Commission” means the Securities and Exchange Commission. 

“Contribution Agreement” has the meaning given to such term in the recitals of this Agreement. 

“Effectiveness Period” has the meaning given to such term in Section 2.01. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.

 “Holder” means the record holder of any Registrable Securities. 

“Included Registrable Securities” has the meaning given to such term in Section 2.03(a). 

 “Losses” has the meaning given to such term in Section 2.08(a). 

“Managing Underwriter(s)” means, with respect to any Underwritten Offering, the book-running lead manager(s) of such
Underwritten Offering. 
 “Notice” has the meaning given to such term in Section 2.01. 

“Partnership” has the meaning given to such term in the introductory paragraph. 

“Partnership Agreement” means the First Amended and Restated Agreement of Limited Partnership of the Partnership dated,
             2013, as amended from time to time. 
 “Person”
means any individual or a corporation, firm, limited liability company, partnership, joint venture, trust, unincorporated organization, association, government agency or political subdivision thereof or other entity. 

“Registrable Securities” means the aggregate number of (i) Common Units issued to Sponsor pursuant to the Contribution
Agreement; (ii) Common Units issuable upon conversion of the Subordinated Units issued to Sponsor, or (iii) Common Units issuable upon conversion of the Combined Interest pursuant to Section 11.3(a) of the Partnership
Agreement, which Registrable Securities are subject to the rights provided herein until such rights terminate pursuant to the provisions hereof. 

“Registration Expenses” means all expenses (other than Selling Expenses) incident to the Partnership’s performance under
or compliance with this Agreement to effect the registration of Registrable Securities on a Registration Statement pursuant to Section 2.01 and/or in connection with an Underwritten Offering pursuant to Section 2.02(a), and
the disposition of such Registrable Securities, including, without limitation, all registration, filing, securities exchange listing and securities exchange fees, all registration, filing, qualification and other fees and expenses of complying with
securities or blue sky laws, fees of the Financial Industry Regulatory Authority, fees of transfer agents and registrars, all word processing, duplicating and printing expenses, any transfer taxes and the fees and disbursements of counsel and
independent public accountants for the Partnership, including the expenses of any special audits or “cold comfort” letters required by or incident to such performance and compliance. 

“Registration Statement” has the meaning given to such term in Section 2.01. 

“Securities Act” means the Securities Exchange Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 “Selling Expenses” means all underwriting fees, discounts and selling commissions applicable to the sale of Registrable
Securities. 
 “Selling Holder” means a Holder who is selling Registrable Securities pursuant to a registration statement.

  
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 “Shelf Registration Statement” means a registration statement on Form S-3 for an
offering to be made on a continuous basis pursuant to Rule 415 under the Securities Act (or an similar rule that may be adopted by the Commission). 

“Sponsor” has the meaning given to such term in the introductory paragraph. 

“Testing-the-Waters Communication” means any oral or written communication with potential investors undertaken in reliance on
Section 5(d) of the Securities Act. 
 “Underwritten Offering” means an offering (including an offering pursuant to a
Registration Statement) in which Common Units are sold to an underwriter on a firm commitment basis for reoffering to the public or an offering that is a “bought deal” with one or more investment banks. 

“Written Testing-the-Waters Communication” means any Testing-the-Waters Communication that is a written communication within
the meaning of Rule 405 under the Securities Act. 
 Section 1.02. Registrable Securities. Any Registrable Security will cease
to be a Registrable Security (a) at the time a Registration Statement covering such Registrable Security has been declared effective by the Commission, or otherwise has become effective, and such Registrable Security has been sold or disposed
of pursuant to such Registration Statement; (b) at the time such Registrable Security has been disposed of pursuant to Rule 144 (or any similar provision then in effect under the Securities Act); (c) two (2) years after Holder ceases
to be an Affiliate of the General Partner (including where Arc Logistics GP LLC ceases to be the general partner of the Partnership); (d) if such Registrable Security is held by the Partnership or one of its subsidiaries; (e) at the time
such Registrable Security has been transferred in a private transaction in which the transferor’s rights under this Agreement are not assigned to the transferee of such securities; or (f) if such Registrable Security has been transferred
in a private transaction in which the transferor’s rights under this Agreement are assigned to the transferee and such transferee is not an Affiliate of the General Partner, at the time that is two years following the transfer of such
Registrable Security to such transferee. 
 ARTICLE II 

REGISTRATION RIGHTS 

Section 2.01. Demand Registration. Upon the written request (a “Notice”) by Holders collectively owning at least
10% the then-outstanding Registrable Securities, the Partnership shall file with the Commission, as soon as reasonably practicable, but in no event more than 90 days following the receipt of the Notice, a registration statement (each a
“Registration Statement”) under the Securities Act providing for the resale of such Registrable Securities, as the case may be, (which may, at the option of the Holders giving such Notice, be a registration statement under the
Securities Act that provides for the resale of such Registrable Securities pursuant to Rule 415 from time to time by the Holders). There shall be no limit on the number of Registration Statements that may be required by the Holders pursuant to
this Section 2.01. The Partnership shall use its commercially reasonable efforts to cause each Registration Statement to be declared effective by the Commission as soon as reasonably practicable after the

  
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initial filing of the Registration Statement. Any Registration Statement shall provide for the resale pursuant to any method or combination of methods legally available to, and requested by, the
Holders of any and all such Registrable Securities covered by such Registration Statement. The Partnership shall use its commercially reasonable efforts to cause each Registration Statement filed pursuant to this Section 2.01 to be
continuously effective, supplemented and amended to the extent necessary to ensure that it is available for the resale of all such Registrable Securities by the Holders until all such Registrable Securities covered by such Registration Statement
have ceased to be Registrable Securities (the “Effectiveness Period”). Each Registration Statement when effective (and the documents incorporated therein by reference) shall comply as to form in all material respects with all
applicable requirements of the Securities Act and the Exchange Act and shall not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading
(in the case of any prospectus contained in such Registration Statement, in light of the circumstances under which a statement is made). 

Section 2.02. Underwritten Offerings. 

(a) Request for Underwritten Offering. In the event that Holders collectively holding at least 15% of the then-outstanding Registrable
Securities elect to dispose of Registrable Securities under a Registration Statement pursuant to an Underwritten Offering, and such Holders reasonably anticipate gross proceeds of at least $15 million pursuant to such Underwritten Offering, the
Partnership shall, upon written request by such Holders, retain underwriters (subject to the approval of such Holders, not to be unreasonably withheld) in order to permit such Holders to effect such sale through an Underwritten Offering and take all
commercially reasonable actions as are requested by the Managing Underwriter to expedite or facilitate the disposition of such Registrable Securities. The Partnership’s management shall participate in a roadshow or similar marketing effort in
connection with any such Underwritten Offering. 
 (b) Limitation on Underwritten Offerings. In no event shall the Partnership be
required hereunder to participate in more than three Underwritten Offerings in any 12-month period. 
 (c) General Procedures. In
connection with any Underwritten Offering pursuant to this Section 2.02, the Holders of a majority of the Registrable Securities being sold in such Underwritten Offering shall be entitled, subject to the Partnership’s consent (which
is not to be unreasonably withheld), to select the Managing Underwriter. In connection with any Underwritten Offering under this Agreement, each Selling Holder and the Partnership shall be obligated to enter into an underwriting agreement that
contains such representations and warranties, covenants, indemnities and other rights and obligations as are customary in underwriting agreements for firm commitment offerings of securities. No Selling Holder may participate in such Underwritten
Offering unless such Selling Holder agrees to sell its Registrable Securities on the basis provided in such underwriting agreement and completes and executes all questionnaires, powers of attorney, indemnities and other documents reasonably required
under the terms of such underwriting agreement and furnish to the Partnership such information as the Partnership may reasonably request for inclusion in a Registration Statement or prospectus or any amendment or supplements thereto, as the case may
be. Each Selling 

  
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Holder may, at its option, require that any or all of the representations and warranties by, and the other agreements on the part of, the Partnership to and for the benefit of such underwriters
also be made to and for such Selling Holder’s benefit and that any or all of the conditions precedent to the obligations of such underwriters under such underwriting agreement also be conditions precedent to such Selling Holder’s
obligations. If any Selling Holder disapproves of the terms of an Underwritten Offering contemplated by this Section 2.02, such Selling Holder may elect to withdraw from the Underwritten Offering by notice to the Partnership and the
Managing Underwriter; provided, however, that such withdrawal must be made at a time prior to the time of pricing of such Underwritten Offering. No such withdrawal shall affect the Partnership’s obligation to pay
Registration Expenses. 
 Section 2.03. Piggyback Rights. 

(a) Participation. If the Partnership proposes to file (i) a registration statement or (ii) a prospectus supplement to an
effective Shelf Registration Statement and Holders may be included in the offering to which such prospectus supplement relates without the filing of a post-effective amendment to such Shelf Registration Statement, in each case, for the sale of
Common Units in an Underwritten Offering for its own account and/or another Person, then as soon as practicable following the engagement of counsel by the Partnership to prepare the documents to be used in connection with such Underwritten Offering,
the Partnership shall give notice (including notification by email) of such proposed Underwritten Offering to each Holder holding at least 2% of the then-outstanding Registrable Securities and such notice shall offer such Holders the opportunity to
include in such Underwritten Offering such number of Registrable Securities (the “Included Registrable Securities”) as each such Holder may request in writing; provided, however, that if the Partnership has been advised by
the Managing Underwriter that the inclusion of Registrable Securities for sale for the benefit of the Holders will have an adverse effect on the price, timing or distribution of the Common Units in the Underwritten Offering, then (A) if no
Registrable Securities can be included in the Underwritten Offering in the opinion of the Managing Underwriter, the Partnership shall not be required to offer such opportunity to the Holders or (B) if any Registrable Securities can be included
in the Underwritten Offering in the opinion of the Managing Underwriter, then the amount of Registrable Securities to be offered for the accounts of Holders shall be determined based on the provisions of Section 2.03(b). Subject to
Section 2.03(b), the Partnership shall include in such Underwritten Offering all such Registrable Securities with respect to which the Partnership has received requests within two (2) Business Days (or one (1) Business Day in
connection with a “bought deal” or an “overnight” Underwritten Offering) after the Partnership’s notice has been delivered in accordance with Section 3.01. If no written request for inclusion from a Holder is
received within the specified time, each such Holder shall have no further right to participate in such Underwritten Offering. If, at any time after giving written notice of its intention to undertake an Underwritten Offering and prior to the
closing of such Underwritten Offering, the Partnership shall determine for any reason not to undertake or to delay such Underwritten Offering, the Partnership may, at its election, give written notice of such determination to the Selling Holders
and, (x) in the case of a determination not to undertake such Underwritten Offering, shall be relieved of its obligation to sell any Included Registrable Securities in connection with such terminated Underwritten Offering and (y) in the
case of a determination to delay such Underwritten Offering, shall be permitted to delay offering any Included Registrable Securities for the same period as the delay in the Underwritten Offering. Any Selling Holder shall have the right to withdraw
such Selling 

  
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Holder’s request for inclusion of such Selling Holder’s Registrable Securities in such Underwritten Offering by giving written notice to the Partnership of such withdrawal at or prior
to the time of pricing of such Underwritten Offering. 
 (b) Priority of Registration. If the Managing Underwriter of any proposed
Underwritten Offering advises the Partnership that the total amount of Registrable Securities that the Selling Holders and any other Persons intend to include in such offering exceeds the number that can be sold in such offering without being likely
to have an adverse effect in any material respect on the price, timing or distribution of the Common Units offered or the market for the Common Units, then the Common Units to be included in such Underwritten Offering shall include the number of
Units that such Managing Underwriter advises the Partnership can be sold without having such adverse effect, with such number to be allocated (i) first, to the Partnership unless a Holder initiates the Underwritten Offering, in which case it
shall be the Holders, and (ii) second, and if any, the number of Registrable Securities that, in the opinion of such Managing Underwriter or Underwriters, can be sold without having such adverse effect, with such number to be allocated pro rata
among the Holders (or the Partnership if a Holder initiates the Underwritten Offering) that have requested to participate in such Underwritten Offering based on the relative number of Registrable Securities then held by each such Holder (provided
that any securities thereby allocated to a Holder that exceed such Holder’s request shall be reallocated among the remaining requesting Holders in like manner). 

Section 2.04. Delay Rights. Notwithstanding anything to the contrary contained herein, if the Partnership determines that its
compliance with its obligations under this Article II would be materially detrimental to the Partnership because such compliance would (a) materially interfere with a significant acquisition, reorganization, financing or other similar
transaction involving the Partnership, (b) require premature disclosure of material information that the Partnership has a bona fide business purpose for preserving as confidential or (c) render the Partnership unable to comply with
applicable securities laws, then the Partnership shall have the right to postpone compliance with its obligations under this Article II for a period of not more than three months, provided, that such right pursuant to this
Section 2.04 may not be utilized more than twice in any 12-month period. 
 Section 2.05. Sale Procedures. In
connection with its obligations under this Article II, the Partnership will, as promptly as reasonably practicable: 
 (a) prepare
and file with the Commission such amendments and supplements to each Registration Statement and the prospectus used in connection therewith as may be necessary to keep each Registration Statement effective for the Effectiveness Period and as may be
necessary to comply with the provisions of the Securities Act with respect to the disposition of all Registrable Securities covered by such Registration Statement; 

(b) if a prospectus supplement will be used in connection with the marketing of an Underwritten Offering and the Managing Underwriter notifies
the Partnership in writing that, in the sole judgment of such Managing Underwriter, inclusion of detailed information in such prospectus supplement is of material importance to the success of the Underwritten Offering of such Registrable Securities,
use commercially reasonable efforts to include such information in such prospectus supplement; 

  
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 (c) furnish to each Selling Holder (i) as far in advance as reasonably practicable before
filing a Registration Statement or any supplement or amendment thereto, upon request, copies of reasonably complete drafts of all such documents proposed to be filed (including exhibits and each document incorporated by reference therein to the
extent then required by the rules and regulations of the Commission), and provide each such Selling Holder the opportunity to object to any information pertaining to such Selling Holder and its plan of distribution that is contained therein and make
the corrections reasonably requested by such Selling Holder with respect to such information prior to filing a Registration Statement or supplement or amendment thereto, and (ii) such number of copies of such Registration Statement and the
prospectus included therein and any supplements and amendments thereto as such Persons may reasonably request in order to facilitate the public sale or other disposition of the Registrable Securities covered by such Registration Statement; 

(d) if applicable, use its commercially reasonable efforts to register or qualify the Registrable Securities covered by a Registration
Statement under the securities or blue sky laws of such jurisdictions as the Selling Holders or, in the case of an Underwritten Offering, the Managing Underwriter, shall reasonably request; provided, however, that the Partnership will not be
required to qualify generally to transact business in any jurisdiction where it is not then required to so qualify or to take any action that would subject it to general service of process in any jurisdiction where it is not then so subject; 

(e) promptly notify each Selling Holder and each underwriter, at any time when a prospectus is required to be delivered under the Securities
Act, of (i) the filing of a Registration Statement or any prospectus or prospectus supplement to be used in connection therewith, or any amendment or supplement thereto, and, with respect to such Registration Statement or any post-effective
amendment thereto, when the same has become effective; and (ii) any written comments from the Commission with respect to any filing referred to in clause (i) and any written request by the Commission for amendments or supplements to a
Registration Statement or any prospectus or prospectus supplement thereto; 
 (f) immediately notify each Selling Holder and each
underwriter, at any time when a prospectus is required to be delivered under the Securities Act, of (i) the happening of any event as a result of which the prospectus or prospectus supplement contained in a Registration Statement, as then in
effect, includes an untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary in order to make the statements therein not misleading (in the case of the prospectus contained therein, in the
light of the circumstances under which a statement is made); (ii) the issuance or threat of issuance by the Commission of any stop order suspending the effectiveness of a Registration Statement, or the initiation of any proceedings for that
purpose; or (iii) the receipt by the Partnership of any notification with respect to the suspension of the qualification of any Registrable Securities for sale under the applicable securities or blue sky laws of any jurisdiction. Following the
provision of such notice, the Partnership agrees to, as promptly as practicable, amend or supplement the prospectus or prospectus supplement or take other appropriate action so that the prospectus or prospectus supplement does not include an untrue
statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein not misleading in the light of the circumstances then existing and to take such other commercially
reasonable action as is necessary to remove a stop order, suspension, threat thereof or proceedings related thereto; 

  
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 (g) upon request and subject to appropriate confidentiality obligations, furnish to each Selling
Holder copies of any and all transmittal letters or other correspondence with the Commission or any other governmental agency or self-regulatory body or other body having jurisdiction (including any domestic or foreign securities exchange) relating
to any offering of Registrable Securities; 
 (h) in the case of an Underwritten Offering, furnish upon request, (i) an opinion of
counsel for the Partnership dated the date of the closing under the underwriting agreement and (ii) a “cold comfort” letter, dated the pricing date of such Underwritten Offering (to the extent available) and a letter of like kind
dated the date of the closing under the underwriting agreement, in each case, signed by the independent public accountants who have certified the Partnership’s financial statements included or incorporated by reference into the applicable
registration statement, and each of the opinion and the “cold comfort” letter shall be in customary form and covering substantially the same matters with respect to such registration statement (and the prospectus and any prospectus
supplement included therein) as have been customarily covered in opinions of issuer’s counsel and in accountants’ letters delivered to the underwriters in Underwritten Offerings of securities by the Partnership and such other matters as
such underwriters and Selling Holders may reasonably request; 
 (i) otherwise use its commercially reasonable efforts to comply with all
applicable rules and regulations of the Commission, and make available to its security holders, as soon as reasonably practicable, an earnings statement, which earnings statement shall satisfy the provisions of Section 11(a) of the Securities
Act and Rule 158 promulgated thereunder; 
 (j) make available to the appropriate representatives of the Managing Underwriter and Selling
Holders access to such information and Partnership personnel as is reasonable and customary to enable such parties to establish a due diligence defense under the Securities Act; 

(k) cause all Registrable Securities registered pursuant to this Agreement to be listed on each securities exchange or nationally recognized
quotation system on which similar securities issued by the Partnership are then listed; 
 (l) use its commercially reasonable efforts to
cause the Registrable Securities to be registered with or approved by such other governmental agencies or authorities as may be necessary by virtue of the business and operations of the Partnership to enable the Selling Holders to consummate the
disposition of the Registrable Securities; 
 (m) provide a transfer agent and registrar for all Registrable Securities covered by a
Registration Statement not later than the effective date of such registration statement; and 
 (n) enter into customary agreements and take
such other actions as are reasonably requested by the Selling Holders or the underwriters, if any, in order to expedite or facilitate the disposition of the Registrable Securities. 

  
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 Each Selling Holder, upon receipt of notice from the Partnership of the happening of any event of
the kind described in subsection (f) of this Section 2.05, shall forthwith discontinue disposition of the Registrable Securities by means of a prospectus or prospectus supplement until such Selling Holder’s receipt of the
copies of the supplemented or amended prospectus contemplated by subsection (f) of this Section 2.05 or until it is advised in writing by the Partnership that the use of the prospectus may be resumed, and has received copies of any
additional or supplemental filings incorporated by reference in the prospectus, and, if so directed by the Partnership, such Selling Holder will, or will request the Managing Underwriter, if any, to deliver to the Partnership all copies in their
possession or control of the prospectus and any prospectus supplement covering such Registrable Securities current at the time of receipt of such notice. 

Section 2.06. Cooperation by Holders. The Partnership shall have no obligation to include in a Registration Statement, or in an
Underwritten Offering pursuant to Section 2.02(a), Registrable Securities of a Selling Holder who has failed to timely furnish such information that the Partnership determines, after consultation with its counsel, is reasonably required
in order for the Registration Statement or prospectus or prospectus supplement, as applicable, to comply with the Securities Act. 

Section 2.07. Expenses. The Partnership will pay all reasonable Registration Expenses, including in the case of an Underwritten
Offering, regardless of whether any sale is made in such Underwritten Offering. Each Selling Holder shall pay all Selling Expenses in connection with any sale of its Registrable Securities hereunder. In addition, except as otherwise provided in
Section 2.08, the Partnership shall not be responsible for legal fees incurred by Holders in connection with the exercise of such Holders’ rights hereunder. 

Section 2.08. Indemnification. 

(a) By the Partnership. In the event of a registration of any Registrable Securities under the Securities Act pursuant to this
Agreement, the Partnership will indemnify and hold harmless each Selling Holder participating therein, its directors, officers, employees and agents, and each Person, if any, who controls such Selling Holder within the meaning of the Securities Act
and the Exchange Act, and its directors, officers, employees or agents, against any losses, claims, damages, expenses or liabilities (including reasonable attorneys’ fees and expenses) (collectively, “Losses”), joint or
several, to which such Selling Holder, director, officer, employee, agent or controlling Person may become subject under the Securities Act, the Exchange Act or otherwise, insofar as such Losses (or actions or proceedings, whether commenced or
threatened, in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact (in the case of any prospectus or any Written Testing-the-Waters Communication, in the light of the circumstances
under which such statement is made) contained in any Written Testing-the-Waters Communication, a Registration Statement, any preliminary prospectus or prospectus supplement, free writing prospectus or final prospectus or prospectus supplement
contained therein, or any amendment or supplement thereof, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein (in the case of
a prospectus or any Written Testing-the-Waters Communication, in the light of the circumstances under which they were made) not misleading, and will reimburse each such 

  
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Selling Holder, its directors, officers, employee and agents, and each such controlling Person for any legal or other expenses reasonably incurred by them in connection with investigating or
defending any such Loss or actions or proceedings as such expenses are incurred; provided, however, that the Partnership will not be liable in any such case if and to the extent that any such Loss arises out of or is based upon an untrue
statement or alleged untrue statement or omission or alleged omission so made in conformity with information furnished by such Selling Holder, its directors, officers, employees and agents or such controlling Person in writing specifically for use
in any Written Testing-the-Waters Communication, a Registration Statement, or prospectus or any amendment or supplement thereto, as applicable. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf
of such Selling Holder or any such directors, officers, employees agents or controlling Person, and shall survive the transfer of such securities by such Selling Holder. 

(b) By Each Selling Holder. Each Selling Holder agrees severally and not jointly to indemnify and hold harmless the Partnership, its
directors, officers, employees and agents and each Person, if any, who controls the Partnership within the meaning of the Securities Act or of the Exchange Act, and its directors, officers, employees and agents, to the same extent as the foregoing
indemnity from the Partnership to the Selling Holders, but only with respect to information regarding such Selling Holder furnished in writing by or on behalf of such Selling Holder expressly for inclusion in any Written Testing-the-Waters
Communication, a Registration Statement, any preliminary prospectus or prospectus supplement, free writing prospectus or final prospectus or prospectus supplement contained therein, or any amendment or supplement thereof; provided, however,
that the liability of each Selling Holder shall not be greater in amount than the dollar amount of the proceeds (net of any Selling Expenses) received by such Selling Holder from the sale of the Registrable Securities giving rise to such
indemnification. 
 (c) Notice. Promptly after receipt by an indemnified party hereunder of notice of the commencement of any action,
such indemnified party shall, if a claim in respect thereof is to be made against the indemnifying party hereunder, notify the indemnifying party in writing thereof, but the omission so to notify the indemnifying party shall not relieve it from any
liability that it may have to any indemnified party other than under this Section 2.08. In any action brought against any indemnified party, it shall notify the indemnifying party of the commencement thereof. The indemnifying party shall
be entitled to participate in and, to the extent it shall wish, to assume and undertake the defense thereof with counsel reasonably satisfactory to such indemnified party and, after notice from the indemnifying party to such indemnified party of its
election so to assume and undertake the defense thereof, the indemnifying party shall not be liable to such indemnified party under this Section 2.08 for any legal expenses subsequently incurred by such indemnified party in connection
with the defense thereof other than reasonable costs of investigation and of liaison with counsel so selected; provided, however, that, (i) if the indemnifying party has failed to assume the defense or employ counsel reasonably
acceptable to the indemnified party or (ii) if the defendants in any such action include both the indemnified party and the indemnifying party and counsel to the indemnified party shall have concluded that there may be reasonable defenses
available to the indemnified party that are different from or additional to those available to the indemnifying party, or if the interests of the indemnified party reasonably may be deemed to conflict with the interests of the indemnifying party,
then the indemnified party shall have the right to select a separate counsel and to assume such legal defense and otherwise to participate in the defense of such action, with the reasonable expenses 

  
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and fees of such separate counsel and other reasonable expenses related to such participation to be reimbursed by the indemnifying party as incurred. Notwithstanding any other provision of this
Agreement, no indemnified party shall settle any action brought against it with respect to which it is entitled to indemnification hereunder without the consent of the indemnifying party, unless the settlement thereof imposes no liability or
obligation on, and includes a complete and unconditional release from all liability of, the indemnifying party. 
 (d) Contribution.
If the indemnification provided for in this Section 2.08 is held by a court or government agency of competent jurisdiction to be unavailable to any indemnified party or is insufficient to hold them harmless in respect of any Losses, then
each indemnifying party, in lieu of indemnifying such indemnified party, shall contribute to the amount paid or payable by such indemnified party as a result of such Loss in such proportion as is appropriate to reflect the relative fault of the
indemnifying party on the one hand and of such indemnified party on the other in connection with the statements or omissions that resulted in such Losses, as well as any other relevant equitable considerations; provided, however, that in no
event shall the Selling Holder be required to contribute an aggregate amount in excess of the dollar amount of proceeds (net of Selling Expenses) received by such Selling Holder from the sale of Registrable Securities giving rise to such
indemnification. The relative fault of the indemnifying party on the one hand and the indemnified party on the other shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the
omission or alleged omission to state a material fact has been made by, or relates to, information supplied by such party, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement
or omission. The parties hereto agree that it would not be just and equitable if contributions pursuant to this paragraph were to be determined by pro rata allocation or by any other method of allocation that does not take account of the equitable
considerations referred to herein. The amount paid by an indemnified party as a result of the Losses referred to in the first sentence of this paragraph shall be deemed to include any legal and other expenses reasonably incurred by such indemnified
party in connection with investigating or defending any Loss that is the subject of this paragraph. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any Person who is not guilty of fraudulent misrepresentation. 
 (e) Other Indemnification. The provisions of this
Section 2.08 shall be in addition to any other rights to indemnification or contribution that an indemnified party may have pursuant to law, equity, contract or otherwise. 

Section 2.09. Rule 144 Reporting. With a view to making available the benefits of certain rules and regulations of the Commission
that may permit the sale of the Registrable Securities to the public without registration, the Partnership agrees to use its commercially reasonable efforts to: 

(a) make and keep public information regarding the Partnership available, as those terms are understood and defined in Rule 144 under the
Securities Act, at all times from and after the date hereof; 

  
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 (b) file with the Commission in a timely manner all reports and other documents required of the
Partnership under the Exchange Act at all times from and after the date hereof; and 
 (c) so long as a Holder owns any Registrable
Securities, furnish, unless otherwise available via EDGAR, to such Holder forthwith upon request a copy of the most recent annual or quarterly report of the Partnership, and such other reports and documents so filed as such Holder may reasonably
request in availing itself of any rule or regulation of the Commission allowing such Holder to sell any such securities without registration. 

Section 2.10. Transfer or Assignment of Registration Rights. The rights to cause the Partnership to register Registrable
Securities granted to the Sponsor by the Partnership under this Article II may be transferred or assigned by the Sponsor to its partners (including Lightfoot Capital GP LLC) or by Lightfoot Capital GP LLC to its members. 

Section 2.11. Restrictions on Public Sale by Holders of Registrable Securities. Each Holder agrees to enter into a customary
letter agreement with underwriters providing such Holder will not effect any public sale or distribution of the Registrable Securities during the 90 calendar day period beginning on the date of a prospectus or prospectus supplement filed with the
Commission with respect to the pricing of an Underwritten Offering, provided that (i) the duration of the foregoing restrictions shall be no longer than the duration of the shortest restriction generally imposed by the underwriters on the
Partnership or the officers, directors or any other Unitholder on whom a restriction is imposed and (ii) the restrictions set forth in this Section 2.11 shall not apply to any Registrable Securities that are included in such
Underwritten Offering by such Holder. 
 ARTICLE III 

MISCELLANEOUS 

Section 3.01. Communications. All notices and other communications provided for or permitted hereunder shall be made in writing by
facsimile, electronic mail, courier service or personal delivery: 
 (a) if to Sponsor: 

Lightfoot Capital Partners, LP 

725 Fifth Avenue, 19th Floor 
 New
York, NY 10022 
 Attention: Chief Executive Officer 

E-mail: info@lightfootcapital.com 

(b) if to a permitted transferee or assignee of a Holder, to such transferee or assignee furnished by such transferee or assignee; and 

  
 12 

 (c) if to the Partnership: 

Arc Logistics Partners LP 
 c/o
Arc Logistics GP LLC 
 725 Fifth Avenue, 19th Floor 

New York, NY 10022 
 Attention:
Chief Executive Officer 
 E-mail: vcubbage@arcxlp.com 

All such notices and communications shall be deemed to have been received at the time delivered by hand, if personally delivered; upon
receipt, if sent via facsimile or sent via electronic mail; and when actually received, if sent by courier service or any other means. 

Section 3.02. Successor and Assigns. This Agreement shall inure to the benefit of and be binding upon the successors and assigns
of each of the parties, including subsequent Holders of Registrable Securities to the extent permitted herein. 
 Section 3.03.
Transfers and Assignment of Rights. All or any portion of the rights and obligations of the Holders under this Agreement may be transferred or assigned by the Holders in accordance with Section 2.10 hereof. 

Section 3.04. Recapitalization, Exchanges, Etc. Affecting the Registrable Securities. The provisions of this Agreement shall apply
to the full extent set forth herein with respect to any and all securities of the Partnership or any successor or assign of the Partnership (whether by merger, consolidation, sale of assets or otherwise) that may be issued in respect of, in exchange
for or in substitution of, the Registrable Securities, and shall be appropriately adjusted for combinations, splits, recapitalizations, pro rata distributions and the like occurring after the date of this Agreement. 

Section 3.05. Specific Performance. Damages in the event of breach of this Agreement by a party hereto may be difficult, if not
impossible, to ascertain, and it is therefore agreed that each party, in addition to and without limiting any other remedy or right it may have, will have the right to an injunction or other equitable relief in any court of competent jurisdiction,
enjoining any such breach, and enforcing specifically the terms and provisions hereof, and each of the parties hereto hereby waives any and all defenses it may have on the ground of lack of jurisdiction or competence of the court to grant such an
injunction or other equitable relief. The existence of this right will not preclude any such party from pursuing any other rights and remedies at law or in equity that such party may have. 

Section 3.06. Counterparts. This Agreement may be executed in any number of counterparts and by different parties hereto in
separate counterparts, each of which counterparts, when so executed and delivered, shall be deemed to be an original and all of which counterparts, taken together, shall constitute but one and the same Agreement. 

Section 3.07. Headings. The headings in this Agreement are for convenience of reference only and shall not limit or otherwise
affect the meaning hereof. 
 Section 3.08. Governing Law. The laws of the State of New York shall govern this Agreement. 

Section 3.09. Severability of Provisions. Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction
shall, as to such jurisdiction, be ineffective to the 

  
 13 

 
extent of such prohibition or unenforceability without invalidating the remaining provisions hereof or affecting or impairing the validity or enforceability of such provision in any other
jurisdiction. 
 Section 3.10. Scope of Agreement. This Agreement is intended by the parties as a final expression of their
agreement and intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject matter contained herein. There are no restrictions, promises, warranties or undertakings, other than
those set forth or referred to herein with respect to the rights granted by the Partnership set forth herein. This Agreement supersedes all prior agreements and understandings between the parties with respect to such subject matter. 

Section 3.11. Amendment. This Agreement may be amended only by means of a written amendment signed by the Partnership and the
Holders of a majority of the then outstanding Registrable Securities; provided, however, that no such amendment shall materially and adversely affect the rights of any Holder hereunder without the consent of such Holder. 

Section 3.12. No Presumption. If any claim is made by a party relating to any conflict, omission, or ambiguity in this Agreement,
no presumption or burden of proof or persuasion shall be implied by virtue of the fact that this Agreement was prepared by or at the request of a particular party or its counsel. 

Section 3.13. Aggregation of Registrable Securities. All Registrable Securities held or acquired by Persons who are Affiliates of
one another shall be aggregated together for the purpose of determining the availability of any rights under this Agreement. 

Section 3.14. Obligations Limited to Parties to Agreement. Each of the parties hereto covenants, agrees and acknowledges that no
Person other than the Partnership and the Holders shall have any obligation hereunder and that, notwithstanding that one or more of the Holders may be a corporation, partnership or limited liability company, no recourse under this Agreement or under
any documents or instruments delivered in connection herewith or therewith shall be had against any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder or Affiliate of any of the
Holders or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder or Affiliate of any of the foregoing, whether by the enforcement of any assessment or by any legal or equitable
proceeding, or by virtue of any applicable law, it being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any former, current or future director, officer, employee,
agent, general or limited partner, manager, member, stockholder or Affiliate of any of the Holders or any former, current or future director, officer, employee, agent, general or limited partner, manager, member, stockholder or Affiliate of any of
the foregoing, as such, for any obligations of the Holders under this Agreement or any documents or instruments delivered in connection herewith or therewith or for any claim based on, in respect of or by reason of such obligation or its creation,
except in each case for any transferee or assignee of the Holders hereunder. 
 [Signature page follows] 

  
 14 

 IN WITNESS WHEREOF, the parties hereto execute this Agreement, effective as of the date first
above written. 
  

			
	ARC LOGISTICS PARTNERS LP
	By: Arc Logistics GP LLC, its general partner
		
	By:	 	  

	Name:	 	Vincent T. Cubbage
	Title:	 	Chief Executive Officer
	
	LIGHTFOOT CAPITAL PARTNERS, LP
	By: Lightfoot Capital GP LLC, its general partner
		
	By:	 	  

	Name:	 	Vincent T. Cubbage
	Title:	 	Chief Executive Officer

 SIGNATURE PAGE 

TO 

REGISTRATION RIGHTS AGREEMENTEX-10.7

 EXHIBIT 10.7 

EXECUTION VERSION 

ASSIGNMENT AND EQUITY PURCHASE AGREEMENT 

BY AND AMONG 
 ARC LNG
HOLDINGS, LLC, 
 ARC TERMINALS MISSISSIPPI HOLDINGS LLC, 

LIGHTFOOT CAPITAL PARTNERS, LP, 

AND, 
 FOR THE PURPOSE OF SECTIONS
1.1 AND 5.1 ONLY, 
 EFS LNG HOLDINGS, LLC 

Dated as of October 24, 2013 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
		
	 ARTICLE I PURCHASE AND SALE
	  	 	1	  
	 1.1
	 	 Waiver of Notice
	  	 	1	  
	 1.2
	 	 Assignment of LCP’s Rights under the Option
	  	 	2	  
	 1.3
	 	 Purchase and Sale of the Membership Interests
	  	 	2	  
	 1.4
	 	 Consideration
	  	 	2	  
		
	 ARTICLE II CLOSING
	  	 	2	  
	 2.1
	 	 Conditions to Buyer’s Obligation
	  	 	2	  
	 2.2
	 	 Conditions to Seller’s Obligation
	  	 	3	  
	 2.3
	 	 Closing
	  	 	3	  
	 2.4
	 	 Closing Deliveries
	  	 	3	  
		
	 ARTICLE III REPRESENTATIONS AND WARRANTIES OF SELLER
	  	 	4	  
	 3.1
	 	 Authority; Enforceability
	  	 	4	  
	 3.2
	 	 No Conflicts
	  	 	4	  
	 3.3
	 	 Ownership of Membership Interest
	  	 	5	  
	 3.4
	 	 No Brokers or Finders
	  	 	5	  
	 3.5
	 	 Organization and Good Standing of Seller
	  	 	5	  
	 3.6
	 	 Approvals
	  	 	5	  
		
	 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF BUYER
	  	 	5	  
	 4.1
	 	 Organization and Good Standing of Buyer
	  	 	5	  
	 4.2
	 	 Authority; Enforceability
	  	 	5	  
	 4.3
	 	 No Conflicts
	  	 	6	  
	 4.4
	 	 Litigation
	  	 	6	  
	 4.5
	 	 No Brokers or Finders
	  	 	6	  
		
	 ARTICLE V COVENANTS
	  	 	6	  
	 5.1
	 	 Escrow Funds
	  	 	6	  
		
	 ARTICLE VI INDEMNIFICATION
	  	 	7	  
	 6.1
	 	 Indemnification of Buyer
	  	 	7	  
	 6.2
	 	 Indemnification of Seller
	  	 	7	  
	 6.3
	 	 Limitation on Indemnification
	  	 	7	  
	 6.4
	 	 Waiver of Other Representations
	  	 	8	  
	 6.5
	 	 Specific Performance, Waiver of Remedies and Limitation on Damages
	  	 	8	  
	 6.6
	 	 Indemnification Procedures
	  	 	9	  
	 6.7
	 	 Survival of Indemnities
	  	 	10	  
	 6.8
	 	 Tax Treatment of Indemnity Payments
	  	 	10	  
		
	 ARTICLE VII GENERAL PROVISIONS
	  	 	10	  
	 7.1
	 	 Exclusive Agreement
	  	 	10	  
	 7.2
	 	 Successors and Assigns
	  	 	10	  
	 7.3
	 	 Amendments
	  	 	11	  

							
	 7.4
	 	 Further Assurances
	  	 	11	  
	 7.5
	 	 Notices
	  	 	11	  
	 7.6
	 	 Governing Law; Venue; Waiver of Immunities; Jury Trial Waiver
	  	 	12	  
	 7.7
	 	 Termination
	  	 	13	  
	 7.8
	 	 Severability
	  	 	13	  
	 7.9
	 	 Counterparts; Facsimile
	  	 	13	  
	 7.10
	 	 No Third Party Beneficiaries
	  	 	13	  
	 7.11
	 	 Transfer Taxes
	  	 	13	  
	 7.12
	 	 Other Definitional Provisions
	  	 	13	  

 Exhibits: 

Exhibit A – Definitions 

 ASSIGNMENT AND EQUITY PURCHASE AGREEMENT 

THIS ASSIGNMENT AND EQUITY PURCHASE AGREEMENT (the “Agreement”) is dated as of October 24, 2013, and
entered into by and between Arc LNG Holdings, LLC, a Delaware limited liability company (“Seller”), Arc Terminals Mississippi Holdings LLC, a Delaware limited liability company (“Buyer”), Lightfoot
Capital Partners, LP, a Delaware limited partnership (“LCP”), and, for the purpose of Sections 1.1 and 5.1 only, EFS LNG Holdings, LLC, a Delaware limited liability company (“EFS”). Buyer and Seller
are each a “Party” and, collectively, they are sometimes referred to as the “Parties.” 

RECITALS: 

WHEREAS, Seller owns a 10.322% membership interest in Gulf LNG Holdings Group, LLC, a Delaware limited liability company (the
“Company”), and EFS is the sole managing member of Seller; 
 WHEREAS, Buyer is a controlled affiliate of
LCP; 
 WHEREAS, pursuant to the letter agreement, dated October 9, 2013, among LCP, Seller and EFS (the “Letter
Agreement”), Seller granted LCP the option (the “Option”) to purchase all of Seller’s 10.322% membership interest in the Company (the “Offered Membership Interest”), and LCP has the
right to transfer its rights under such Option to its controlled affiliates; 
 WHEREAS, LCP wishes to assign and transfer its rights
under the Option to Buyer, subject to the closing of an initial public offering of Arc Logistics Partners LP, a Delaware limited partnership (the “IPO”); 

WHEREAS, upon the terms and subject to the conditions set forth in this Agreement, Buyer wishes to purchase, and Seller has agreed,
consistent with the terms of the Letter Agreement, to sell, the Offered Membership Interest; and 
 WHEREAS, capitalized terms not
otherwise defined herein shall have the meanings ascribed to them as set forth on Exhibit A attached hereto. 
 AGREEMENT:

 NOW, THEREFORE, in consideration of the foregoing premises, the representations, warranties, covenants and agreements
contained herein, and certain other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereto agree as follows: 
  

ARTICLE I 
 PURCHASE AND
SALE 
 1.1 Waiver of Notice. Seller and EFS, as sole managing member of Seller, hereby waive the provisions of Section 2 of
the Letter Agreement requiring LCP to give EFS a written, binding offer to purchase the Offered Membership Interest. 

 1.2 Assignment of LCP’s Rights under the Option. LCP hereby assigns and transfers its
rights under the Option to Buyer, such assignment and transfer to take effect upon the closing of the IPO. 
 1.3 Purchase and Sale of
the Membership Interests. Upon and subject to the terms and conditions of this Agreement, and following the assignment by LCP of its rights under the Option to Buyer as contemplated by Section 1.2, at the Closing, Seller will sell,
assign, transfer and deliver to Buyer, free and clear of all Encumbrances (other than such Encumbrances relating to restrictions on transfer expressly contained in the A&R Company LLC Agreement), and Buyer will purchase and acquire from Seller,
the Offered Membership Interest. 
 1.4 Consideration. Upon and subject to the terms and conditions of this Agreement, at the
Closing, the following steps shall occur: 
 (a) Buyer shall transfer pursuant to wire instructions provided by Seller the sum of
$72,878,370, subject to an adjustment as contemplated by Section 2 of the Letter Agreement, payable in immediately available funds (the “Purchase Price”); and 

(b) Seller shall sell, assign, transfer and deliver to Buyer, free and clear of all Encumbrances (other than such Encumbrances relating to
restrictions on transfer expressly contained in the A&R Company LLC Agreement) the Offered Membership Interest. 
 ARTICLE II 

CLOSING 
 2.1 Conditions
to Buyer’s Obligation. Buyer’s obligation to purchase the Offered Membership Interest in accordance with this Agreement shall be subject to the fulfillment as of the Closing, or the waiver in writing by Buyer on or before the Closing,
of each of the conditions set forth in this Section 2.1. 
 (a) Buyer shall have secured the necessary financing to purchase the
Offered Membership Interest; 
 (b) The assignment by LCP of its rights under the Option to Buyer as contemplated by Section 1.2
shall have taken effect; 
 (c) each of the representations and warranties of Seller contained in Article III shall be true and
correct in all material respects on and as of the Closing Date as if made on and as of such date; and 
 (d) Buyer shall have received a
certificate executed by a duly authorized officer of Seller (solely in his or her capacity as an officer) dated the Closing Date, representing and certifying that the condition described in Section 2.1(c) has been satisfied (the
statements in which certificate shall be deemed representations and warranties made by Seller under this Agreement). 

  
 2 

 Notwithstanding any provisions contained in this Agreement or the Letter Agreement to the
contrary, this Agreement shall automatically terminate if Buyer does not provide written notification to Seller by December 18, 2013 (the “Financing Notice”) that (i) it has secured or will be able to secure the
necessary financing to purchase the Offered Membership Interest and (ii) the assignment by LCP of its rights under the Option to Buyer as contemplated by Section 1.2 has taken effect. 

2.2 Conditions to Seller’s Obligation. Seller’s obligation to sell the Offered Membership Interest in accordance with this
Agreement shall be subject to the fulfillment as of the Closing, or the waiver in writing by Seller on or before the Closing, of each of the conditions set forth in this Section 2.2. 

(a) Seller shall have received the Financing Notice described in Section 2.1; 

(b) The assignment by LCP of its rights under the Option to Buyer as contemplated by Section 1.2 shall have taken effect; 

(c) Each of the representations and warranties of Buyer contained in Article IV shall be true and correct in all material respects on
and as of the Closing Date as if made on and as of such date; and 
 (d) Seller shall have received a certificate executed by a duly
authorized officer of Buyer (solely in his or her capacity as an officer) dated the Closing Date, representing and certifying that the condition described in Section 2.2(c) has been satisfied (the statements in which certificate shall be
deemed representations and warranties made by Buyer under this Agreement). 
 2.3 Closing. The closing of the transactions
contemplated hereby (the “Closing”) shall occur after satisfaction or waiver of the conditions set forth in Section 2.1 and Section 2.2, at 1 p.m., New York time, on the closing date of the IPO at the
offices of Vinson & Elkins L.L.P. located at 666 Fifth Avenue, 26th Floor, New York, New York 10103 or at such other time, date or place as the parties may agree in writing, provided that the Closing shall in no event occur after
December 31, 2013. 
 2.4 Closing Deliveries. 

(a) At the Closing, Seller shall deliver to Buyer the following: 

(i) the certificate described in Section 2.1(d); 

(ii) evidence of the proper transfer of the Offered Membership Interest to Buyer, in form and substance reasonably satisfactory
to Buyer; 
 (iii) a properly executed affidavit prepared in accordance with Treasury Regulations section 1.1445-2(b)
certifying Seller’s non-foreign status; and 

  
 3 

 (iv) such other documents as may be required by this Agreement or reasonably
requested by Buyer. 
 (b) At the Closing, Buyer shall execute (as appropriate) and deliver to Seller the following: 

(i) the certificate described in Section 2.2(d); 

(ii) evidence of the proper transfer of the Offered Membership Interest to Buyer, in form and substance reasonably satisfactory
to Seller; 
 (iii) the Purchase Price; 

(iv) evidence of consents as shall be required under Buyer’s Organizational Documents to pay the Purchase Price to Seller
and to consummate the transactions contemplated hereby, in each case in form and substance reasonably satisfactory to Seller; and 

(v) such other documents as may be required by this Agreement or reasonably requested by Seller. 

ARTICLE III 

REPRESENTATIONS AND WARRANTIES OF SELLER 

Seller hereby represents and warrants as follows: 

3.1 Authority; Enforceability. Seller has all requisite limited liability company power and authority to execute and deliver this
Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby, and all action required on the part of Seller for such execution, delivery and performance has been duly and validly taken. This Agreement has
been duly and validly executed and delivered by Seller and, assuming the due authorization, execution and delivery by Buyer, constitutes a legal, valid and binding obligation of Seller, enforceable against Seller in accordance with its terms, except
as enforceability hereof may be limited by bankruptcy, insolvency, moratorium and other similar Laws affecting creditors’ rights generally and by general principles of equity. 

3.2 No Conflicts. The execution, delivery and performance by Seller of this Agreement and the consummation of the transactions
contemplated hereby do not and will not: 
 (a) violate any Law applicable to Seller or require any filing with, consent, Permit of,
approval or authorization of, or notice to, any Governmental Authority or other Person; 
 (b) violate any Organizational Document of
Seller; 

  
 4 

 (c) result in a breach of the terms, conditions or provisions of, or constitute a default, an
event of default creating rights of acceleration, termination or cancellation or a loss of rights under, any Contract to which Seller is a party or by which it is bound; or 

(d) result in the creation or imposition of any Encumbrance upon any of the Offered Membership Interest. 

3.3 Ownership of Membership Interest. Seller is the sole record and beneficial owner of the Offered Membership Interest free and clear
of all Encumbrances. Seller is not a party to any voting trust, proxy, or other agreement or understanding between or among any Persons that affects or relates to the voting or giving of written consent with respect to any outstanding security of
the Company. At the Closing, Seller will transfer its entire right, title and interest in and to the Offered Membership Interest to Buyer, free and clear of all Encumbrances (other than such Encumbrances relating to restrictions on transfer
expressly contained in the A&R Company LLC Agreement). 
 3.4 No Brokers or Finders. Seller has not incurred and will not incur,
directly or indirectly, as a result of any action taken or permitted to be taken by or on behalf of Seller, any liability for brokerage or finders’ fees or agents’ commissions or similar charges in connection with the execution and
performance of the transactions contemplated by this Agreement. 
 3.5 Organization and Good Standing of Seller. Seller is a limited
liability company and is duly organized, validly existing and in good standing under the Laws of the State of Delaware and qualified as a foreign entity in all other jurisdictions where its business requires it to be so qualified. 

3.6 Approvals. Seller is not required to obtain any material Approval from, obtain any material authorization or Permit of, or make any
material filing with or notification to, any Person for or in connection with Seller’s execution, delivery and performance of this Agreement. 

ARTICLE IV 

REPRESENTATIONS AND WARRANTIES OF BUYER 

Buyer hereby represents and warrants as follows: 

4.1 Organization and Good Standing of Buyer. Buyer is a limited liability company and is duly formed, validly existing and in good
standing under the Laws of the State of Delaware and qualified as a foreign entity in all other jurisdictions where its business requires it to be so qualified. 

4.2 Authority; Enforceability. Buyer has all requisite limited liability company power and authority to execute and deliver this
Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby, and all action required on the part of Buyer for such execution, delivery and performance has been duly and validly taken. This Agreement has
been duly and validly executed and delivered by Buyer and, assuming due execution and delivery by the Seller, constitutes a legal, valid and binding obligation of Buyer, enforceable against Buyer in accordance with their respective terms, except as
enforceability hereof and thereof may be limited by bankruptcy, insolvency, moratorium and other similar laws affecting creditors’ rights generally and by general equitable principles. 

  
 5 

 4.3 No Conflicts. The execution, delivery and performance by Buyer of this Agreement and
the consummation of the transactions contemplated hereby do not and will not: 
 (a) violate any Law applicable to Buyer or require any
filing with, consent, Permit of, approval or authorization of, or notice to, any Governmental Authority or other Person; 
 (b) violate any
Organizational Document of Buyer; or 
 (c) result in a breach of the terms, conditions or provisions of, or constitute a default, an event
of default creating rights of acceleration, termination or cancellation or a loss of rights under, any Contract to which Buyer is a party or by which it is bound. 

4.4 Litigation. There are no Proceedings before any Governmental Authority pending or, to the knowledge of Buyer, threatened against
Buyer that would affect its ability to perform its obligations under this Agreement, and there are no Orders binding upon Buyer that would affect its ability to perform its obligations under this Agreement. 

4.5 No Brokers or Finders. Buyer has not incurred and will not incur, directly or indirectly, as a result of any action taken or
permitted to be taken by or on behalf of Buyer, any liability for brokerage or finders’ fees or agents’ commissions or similar charges in connection with the execution and performance of the transactions contemplated by this Agreement.

 ARTICLE V 

COVENANTS 
 5.1 Escrow
Funds. 
 (a) EFS agrees that it shall direct the Escrow Agent to distribute one hundred percent (100%) of any distributions under
the Escrow Agreement to EFS, which shall pay, or cause to be paid, one hundred percent (100%) of any such distributions to Buyer without setoff against amounts that might be owing to EFS or Seller by Buyer until such time as EFS assigns the
Escrow Agreement to Buyer. EFS shall have the right to assign the Escrow Agreement at any time to Buyer, provided that Buyer consents to such assignment in writing, such consent not to be unreasonably withheld or delayed. 

(b) EFS will manage the escrow claims process under the Escrow Agreement with the Prior Owner, with reasonable consultation with Buyer. Buyer
shall reimburse EFS for its proportionate share (such proportionate share to be determined in good faith by EFS and Buyer) of EFS’ reasonable out-of-pocket costs and expenses in managing such claims process with the Prior Owner. No settlement
under the Escrow Agreement will be agreed to by EFS without the prior written approval of Buyer, such approval not to be unreasonably withheld or delayed. 

  
 6 

 (c) Buyer agrees that any and all Claims against, rights to sue, other remedies or other recourse
against Seller, EFS and their respective Affiliates and their respective stockholders, partners, members, directors, officers, manager, liquidators and employees (collectively, the “EFS Released Persons”) for and in
connection with the management of the Escrow Agreement are expressly released and waived by Buyer to the fullest extent permitted by law, and Buyer hereby agrees to indemnify and hold harmless each EFS Released Person from and against any and all
losses, damages, deficiencies, judgments, interest, awards, penalties, fines, costs or expenses of any kind, including reasonably attorneys’ fees and the cost of enforcing any right of indemnification hereunder and the cost of pursuing any
insurance providers arising out of any claim instituted against any EFS Released Person by any of Buyer’s respective Affiliates, stockholders, partners, members, directors, officers, managers, liquidators or employees arising out of such
matters. 
 ARTICLE VI 

INDEMNIFICATION 
 6.1
Indemnification of Buyer. Seller agrees to indemnify, defend and hold harmless Buyer Indemnified Parties from and against any and all Losses resulting from or arising out of any of the following: 

(a) a breach of any representation and warranty by Seller contained in this Agreement; or 

(b) a breach by Seller of any of its covenants or agreements contained in this Agreement. 

6.2 Indemnification of Seller. Buyer agrees to indemnify, defend and hold harmless Seller Indemnified Parties from and against any and
all Losses caused by or arising out of or resulting from any of the following: 
 (a) a breach of any representation and warranty by Buyer
contained in this Agreement; or 
 (b) a breach by Buyer of any of its covenants or agreements contained in this Agreement. 

6.3 Limitation on Indemnification. Notwithstanding anything to the contrary in this Agreement or otherwise, the maximum aggregate
amount that may be recovered by the Buyer Indemnified Parties under this Agreement shall not exceed the Purchase Price. 

  
 7 

 6.4 Waiver of Other Representations. 

(a) NOTWITHSTANDING ANYTHING IN THIS AGREEMENT TO THE CONTRARY, IT IS THE EXPLICIT INTENT OF EACH PARTY, AND THE PARTIES HEREBY AGREE, THAT
NONE OF SELLER OR ANY OF ITS AFFILIATES OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, OR REPRESENTATIVES HAS MADE OR IS MAKING ANY REPRESENTATION OR WARRANTY WHATSOEVER, EXPRESS OR IMPLIED, WRITTEN OR ORAL, INCLUDING ANY STATUTORY OR
IMPLIED REPRESENTATION OR WARRANTY AS TO THE CONDITION, MERCHANTABILITY, USAGE, SUITABILITY, OR FITNESS FOR ANY PARTICULAR PURPOSE WITH RESPECT TO THE COMPANY OR THE GULF LNG COMPANIES AND THE ASSETS RELATING TO OR USED IN CONNECTION WITH THE
PROJECT, THE PIPELINE OR THE BUSINESS OF THE GULF LNG COMPANIES, EXCEPT THOSE REPRESENTATIONS AND WARRANTIES EXPRESSLY SET FORTH IN ARTICLE III HEREOF. 

(b) NONE OF SELLER NOR ANY OF ITS AFFILIATES OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, TRUSTEES, OR REPRESENTATIVES MAKE ANY
REPRESENTATION OR WARRANTY TO BUYER WITH RESPECT TO ANY FINANCIAL PROJECTIONS OR FORECASTS RELATING TO THE PROJECT, OR PROSPECTS (FINANCIAL OR OTHERWISE), RISKS OR OTHER INCIDENTS OF THE PROJECT, THE PIPELINE, OR THE BUSINESS OF THE GULF LNG
COMPANIES. 
 6.5 Specific Performance, Waiver of Remedies and Limitation on Damages. 

(a) The Parties agree that irreparable damage would occur if any provision of this Agreement was not performed in accordance with the terms
hereof and that the Parties shall be entitled to specific performance of the terms hereof in addition to any right of indemnification hereunder. 

(b) Except as otherwise provided in Section 6.5(a) above, the Parties acknowledge and agree that the indemnification provisions in
this Article VI shall be the exclusive remedy in lieu of any and all other rights and remedies that a Party may have under this Agreement or otherwise with respect to any Claim or cause of action (including any claims based upon breach of
contract, tort (including negligence and misrepresentation), breach of warranty, strict liability, statute, operation of Law, or any other theory of recovery) for any Loss or Losses connected with or resulting from this Agreement or actions
undertaken in connection with this Agreement, other than Claims for fraud, willful misconduct or intentional misrepresentation by any Party in connection with this Agreement. 

(c) Notwithstanding anything to the contrary herein or in the Limited Liability Company Agreement of Buyer, as amended, Buyer may not
withhold, escrow or otherwise fail to pay any otherwise authorized payment to Seller or its Affiliates due to any Claim or cause of action (including any claims based upon breach of contract, tort (including negligence and misrepresentation), breach
of warranty, strict liability, statute, operation of Law, or any other theory of recovery) for any Loss or Losses connected with or resulting from this Agreement or actions undertaken in connection with this Agreement. 

  
 8 

 (d) NOTWITHSTANDING ANYTHING IN THIS AGREEMENT TO THE CONTRARY, IN NO EVENT, HOWEVER, SHALL ANY
PARTY AND/OR ITS AFFILIATES OR ANY OF THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, TRUSTEES, OR REPRESENTATIVES BE LIABLE FOR ANY CONSEQUENTIAL, SPECIAL, INDIRECT OR PUNITIVE DAMAGES CLAIMED BY A PARTY OR BUYER INDEMNIFIED PARTIES OR
SELLER INDEMNIFIED PARTIES ARISING FROM OR RELATING TO (i) ANY ACTION FOR INDEMNIFICATION UNDER THIS ARTICLE VI, OR (ii) ANY OTHER BREACH OR ALLEGED BREACH OF THIS AGREEMENT, PROVIDED THAT THE FOREGOING LIMITATION SHALL NOT APPLY TO
ANY DAMAGES INCURRED AS THE RESULT OF ANY FRAUD OR INTENTIONAL MISREPRESENTATION BY ANY PARTY TO THIS AGREEMENT. 
 6.6 Indemnification
Procedures. 
 (a) Any Person claiming indemnification hereunder is hereinafter referred to as the “Indemnified
Party” and any Person against whom claims are asserted hereunder is hereinafter referred to as the “Indemnifying Party.” If any Losses are incurred by, asserted against or sought to be collected from an
Indemnified Party, said Indemnified Party shall deliver to the Indemnifying Party a notice of a claim for indemnification hereunder (a “Claim Notice”). The Indemnifying Party shall have thirty (30) days from the delivery
of the Claim Notice (the “Notice Period”) to notify the Indemnified Party (i) whether or not it disputes the liability of the Indemnifying Party to the Indemnified Party hereunder with respect to such Losses and/or
(ii) whether or not it desires, at the sole cost and expense of the Indemnifying Party, to defend (to the maximum extent possible under the circumstances) the Indemnified Party against such Losses; provided, however, that any Indemnified Party
is hereby authorized prior to and during the Notice Period to file any motion, answer or other pleading that it shall deem necessary or appropriate to protect its interests or those of the Indemnifying Party. If the Indemnifying Party notifies the
Indemnified Party within the Notice Period that it desires to defend the Indemnified Party against such Losses, the Indemnifying Party shall have the right to defend all appropriate proceedings, and with counsel of its own choosing, which
proceedings shall be promptly settled or prosecuted by them to a final conclusion. If the Indemnified Party desires to participate in any such defense or settlement it may do so at its sole cost and expense, but the Indemnified Party shall not have
control over such defense or settlement. If requested by the Indemnifying Party, the Indemnified Party agrees to cooperate with the Indemnifying Party and its counsel (at the sole cost and expense of the Indemnifying Party) in contesting any Losses
that the Indemnifying Party elects to contest or, if appropriate and related to the claim in question, in making any counterclaim against the Person asserting the Losses, or any cross complaint against any Person. If the Indemnifying Party has not
assumed the defense of a claim within the Notice Period, then the Indemnified Party may settle such claim without the prior written consent of the Indemnifying Party. If the Indemnifying Party has assumed the defense of a claim within the Notice
Period, then the Indemnifying Party may not settle such claim without the prior written consent of the Indemnified Party (unless the Indemnifying Party is solely liable for any payments pursuant to such settlement and such settlement contains a full
and unconditional release of the Indemnified Party and no terms otherwise affecting the Indemnified Party or the Gulf LNG Companies, in which case the consent of the Indemnified Party shall not be required). 

  
 9 

 (b) The Indemnified Party will provide the Indemnifying Party with written notice of any claim
for indemnification under this Agreement; provided, that the failure of any Indemnified Party to so notify the Indemnifying Party will not relieve the Indemnifying Party from any Liability which it may have to such Indemnified Party under this
Agreement. 
 6.7 Survival of Indemnities. 

(a) The representations and warranties in this Agreement shall survive for 30 days after the expiration of the applicable statute of
limitations. For avoidance of doubt, the covenants and obligations set forth herein shall survive and be enforceable (subject to the limitations set forth in Section 6.5) after the Closing; provided, that the indemnification
obligations set forth in Sections 6.1(a) and 6.2(a) shall survive the Closing until termination as provided in this Section 6.7(a). 

(b) If an Indemnified Party shall have, before the expiration of the applicable survival period, previously made a Claim by delivering a Claim
Notice to the applicable Indemnifying Party, then any representation or warranty that would otherwise terminate in accordance with Section 6.7(a) above shall continue to survive until the related Claim for indemnification has been
satisfied or otherwise resolved in accordance with this Agreement. 
 6.8 Tax Treatment of Indemnity Payments. Seller and Buyer agree
to treat any indemnity payment made pursuant to this Agreement as an adjustment to the Purchase Price for all Tax purposes. 
 ARTICLE VII

 GENERAL PROVISIONS 

7.1 Exclusive Agreement. This Agreement, the Exhibits and all other documents to be executed pursuant hereto set forth the entire
agreement and understanding of the Parties in respect of the transactions contemplated hereby and supersede all prior agreements, arrangements and undertakings (oral or written) relating to the subject matter hereof. No representation, promise,
inducement or statement of intention has been made by any Party which is not embodied in or superseded by this Agreement or the Exhibits, and no such Party shall be bound by or be liable for any alleged representation, promise, inducement or
statement of intention not so set forth. 
 7.2 Successors and Assigns. All of the terms, covenants, representations, warranties and
conditions in this Agreement shall be binding upon, inure to the benefit of, and be enforceable by, the Parties and their respective permitted successors and assigns. This Agreement and the rights and obligations hereunder shall not be assigned by
any Party without the prior written consent of the other Party. 

  
 10 

 7.3 Amendments. This Agreement may be amended, modified, superseded or canceled, and any
of the terms, covenants, representations, warranties or conditions hereof may be waived, only by a written instrument executed by the Parties, or, in the case of a waiver, by or on behalf of the Party waiving compliance. The failure of any of the
Parties at any time or times to require performance of any provisions hereof shall in no manner affect the right at a later time to enforce the same. No waiver by any Party of any condition, or of any breach of any term, covenant, representation or
warranty contained in this Agreement, in any one or more instances, shall be deemed to be or construed as a further or continuing waiver of any such condition or breach or a waiver of any other condition or of any other breach of any other term,
covenant, representation or warranty. 
 7.4 Further Assurances. If at any time after the Closing any further action is necessary to
carry out the purposes of this Agreement, each Party shall take such further action (including the execution and delivery of such further documents and instruments) as the other Party may reasonably request. 

7.5 Notices. All notices, requests, demands and other communications (collectively, “Notices”) required or
permitted to be given hereunder shall be in writing and delivered personally, or by facsimile transmission or overnight courier service, as follows: 
  

			
	If to Seller:	  	Arc LNG Holdings, LLC
		  	800 Long Ridge Road
		  	Stamford, CT 06927
		  	Attn: Gulf LNG Portfolio Manager
		  	Telephone: (203) 961-2627
		  	Facsimile: (203) 357-4890
		
	with a copy to:	  	Latham & Watkins LLP
		  	885 Third Avenue
		  	New York, NY 10022-4834
		  	Attn: Charles E. Carpenter
		  	Telephone: (212) 906-1259
		  	Facsimile: (212) 751-4864
		
	If to Buyer, to:	  	Lightfoot Capital Partners, LP
		  	725 Fifth Avenue, 19th Floor
		  	New York, NY 10022
		  	Attn: Vincent Cubbage
		  	Telephone: (212) 993-1280
		  	Facsimile: (212) 993-1299

  
 11 

			
		
	with a copy to:	  	Vinson & Elkins L.L.P.
		  	666 Fifth Avenue, 26th Floor
		  	New York, NY 10103-0040
		  	Attn: Michael J. Swidler & Brenda K. Lenahan
		  	Telephone: (212) 237-0020 / (212) 237-0133
		  	Facsimile: (212) 849-5367 / (212) 849-5360

 All Notices shall be effective upon receipt. Any Party may change its Notice address by giving written Notice
to the other Party in the manner specified above. 
 7.6 Governing Law; Venue; Waiver of Immunities; Jury Trial Waiver. 

(a) This Agreement and the rights and obligations of the Parties hereunder and the transactions contemplated hereby shall be governed by,
enforced and interpreted in accordance with the Laws of the State of New York without regard to principles of conflicts of Laws of such State. 

(b) Each of the Parties hereby irrevocably and unconditionally submits to the exclusive jurisdiction of any court of the State of New York and
any federal court located in New York, New York (or if no such court shall accept jurisdiction, in any state or federal court of general jurisdiction in the State of New York, or if no such court shall accept jurisdiction, in any court of competent
jurisdiction in the United States) with respect to any proceeding relating to this Agreement. Further, each of the Parties hereby irrevocably and unconditionally waives any objection or defense that it may have based on improper venue or forum non
conveniens to the conduct of any such proceeding in any such courts. The Parties agree that any or all of them may file a copy of this paragraph with any court as written evidence of the knowing, voluntary and bargained agreement between the Parties
to waive irrevocably any objections to jurisdiction, venue or to convenience of forum. Each of the Parties (on behalf of itself and its Affiliates) 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. 
 (c) Each Party also waives, to the maximum extent
permitted by Law, for itself and its property, wherever located, any immunity from suit or execution that it may have or hereafter acquire, including specifically and without limitation sovereign immunity based on status as a state, government,
agency or instrumentality of a state or state enterprise. This waiver includes immunity from: (i) any expert determination or arbitration proceeding commenced or to be commenced pursuant to this Agreement; (ii) any judicial, administrative
or other proceedings to aid the expert determination or arbitration commenced pursuant to this Agreement; and (iii) any effort to confirm, enforce, or execute any decision, settlement, award, judgment, service of process, execution order or
attachment (including pre judgment attachment) that results from an expert determination, mediation, arbitration or any judicial or administrative proceedings commenced pursuant to this Agreement. Each Party acknowledges that its rights and
obligations hereunder are of a commercial and not a governmental nature. 
 (d) WITH RESPECT TO ANY PROCEEDING ARISING OUT OF OR RELATING TO
THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY, EACH PARTY HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY. 

  
 12 

 7.7 Termination. This Agreement shall automatically terminate if (a) Buyer does not
provide to Seller the Financing Notice on or before December 18, 2013 or (b) the Closing does not occur on or prior to December 31, 2013. Except as otherwise set forth herein, this Agreement may be terminated by the written agreement
of all of the parties hereto. 
 7.8 Severability. If any of the provisions hereof are held to be invalid or unenforceable under any
Law, the remaining provisions hereof shall not be affected thereby. In such event, the Parties agree and consent that such provisions and this Agreement shall be modified and reformed to implement the original intent of the Parties as closely as
possible with respect to those provisions which were held to be invalid or unenforceable. 
 7.9 Counterparts; Facsimile. This
Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which shall constitute but one agreement. The Parties agree that any document or signature delivered by facsimile transmission, by PDF
through electronic mail, or other electronic means shall be deemed an original executed document for all purposes hereof. 
 7.10 No
Third Party Beneficiaries. This Agreement is not intended to and shall not confer upon any Person, other than the Parties and the Persons identified in Article VII, any rights or remedies with respect to the subject matter or any
provision hereof. 
 7.11 Transfer Taxes. All sales, use, stamp, registration, value added, documentary, filing, recording, transfer
or similar fees or taxes or governmental charges as levied by any Tax Authority (including any interest and penalties) in connection with the transactions contemplated by this Agreement shall be borne equally by Buyer and Seller. 

7.12 Other Definitional Provisions. 

(a) The words “hereof,” “herein” and “hereunder,” and words of similar import, when used in this Agreement,
shall refer to this Agreement as a whole and not any particular provision of this Agreement. 
 (b) The terms defined in the singular shall
have a comparable meaning when used in the plural, and vice versa. 
 (c) The terms defined in the neuter or masculine gender shall include
the feminine, neuter and masculine genders, unless the context clearly indicates otherwise. 
 [SIGNATURE PAGE FOLLOWS] 

  
 13 

 IN WITNESS WHEREOF, the Parties have caused this Assignment and Equity Purchase Agreement
to be duly executed and delivered as of the date first set forth above. 
  

			
	ARC LNG HOLDINGS, LLC
	 By: EFS Equity Holdings, LLC,
 as
Managing Member of EFS LNG Holdings, LLC,
 as Managing Member of Arc LNG Holdings, LLC

		
	By:	 	 /s/ John E. Pugh

	Name:	 	John E. Pugh
	Title:	 	Vice President
	
	For the purpose of Sections 1.1 and 5.1 only:
	
	EFS LNG HOLDINGS, LLC
	 By: EFS Equity Holdings, LLC,
 as
Managing Member

		
	By:	 	 /s/ John E. Pugh

	Name:	 	John E. Pugh
	Title:	 	Vice President

  
 Signature Page to
Assignment and Equity Purchase Agreement 

 
			
	LIGHTFOOT CAPITAL PARTNERS, LP
	By:	 	Lightfoot Capital Partners GP LLC,
its general partner
		
	By:	 	 /s/ Vincent T. Cubbage

	Name:	 	Vincent T. Cubbage
	Title:	 	Chief Executive Officer
	
	ARC TERMINALS MISSISSIPPI HOLDINGS LLC
	By:	 	Arc Terminals Holdings LLC,
		 	its sole member
		
	By:	 	 /s/ Mark D. Feldman

	Name:	 	Mark D. Feldman
	Title:	 	Secretary

  
 Signature Page to
Assignment and Equity Purchase Agreement 

 EXHIBIT A 

DEFINITIONS 

“Affiliate” means with respect to any Person, any other Person controlling, controlled by or under common control with
such Person. As used in this definition, the term “control,” including the correlative terms “controlling,” “controlled by” and “under common control with,” shall mean the possession, direct or indirect, of
the power to direct or cause the direction of the management of an entity, whether through ownership of voting securities, by contract or otherwise. For the avoidance of doubt, none of the Gulf LNG Companies is an Affiliate of Seller. 

“Agreement” has the meaning set forth in the Preamble of this Agreement. 

“ALNG” means Angola LNG Supply Services LLC, a Delaware limited liability company. 

“Approval” means an authorization, order, consent, approval or waiver of, clearance by, franchise, license, permit or
certificate issued by, required notice to or registration or filing with, a Governmental Authority or any other Person and the expiration or termination of all prescribed waiting or review periods with respect to any of the foregoing. 

“Assets” means all assets, whether real property or personal property, tangible or intangible. 

“A&R Company LLC Agreement” means the Amended and Restated Limited Liability Company Agreement of Gulf LNG
Holdings Group, LLC, dated February 7, 2008, as amended by the First Amendment thereto dated August 13, 2009 and the Second Amendment thereto dated February 23, 2010. 

“Buyer” has the meaning set forth in the Preamble of this Agreement. 

“Buyer Indemnified Parties” means Buyer, its Affiliates and their respective directors, officers, employees, agents
and representatives. 
 “Channel Improvements Project Agreement” means the Channel Improvements Project Agreement,
dated December 10, 2007, between ALNG and GLE Channel. 
 “Claim” means, with respect to any Person,
(a) any notice, claim (including any claim for attorney’s fees or consultants’ fees), administrative, regulatory or judicial or equitable action, suit, Encumbrance, Judgment, or demand by any other Person, or other Legal Matter, or
(b) any other written communication by any Governmental Authority alleging or asserting such Person’s liability for any costs, consultants’ fees, governmental response costs, damages to natural resources or other property damages,
personal injuries, fines or penalties arising out of, based on or resulting from circumstances forming the basis of any violation or alleged violation of any or Approval. 

“Claim Notice” has the meaning set forth in Section 6.6(a). 

“Closing” has the meaning set forth in Section 2.2. 

“Closing Date” means the date on which the Closing occurs. 

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

“Company” has the meaning set forth in the Recitals of this Agreement. 

“Contract” means any written or oral agreement, indenture, debenture, note, bond, loan, collective bargaining
agreement, lease, mortgage, franchise, license agreement, purchase order, binding bid, commitment, letter of credit or any other legally binding arrangement, understanding or restriction. 

 “EFS” has the meaning set forth in the Preamble of this Agreement. 

“EFS Released Person” has the meaning set forth in Section 5.1(c). 

“Encumbrance” means any mortgage, pledge, lien, charge, adverse Claim, proprietary right, assignment by way of
security, security interest, title retention, condemnation proceeding, restriction on transfer, preferential right or trust arrangement or any other security agreement or arrangement having the effect of security. 

“Environmental Laws” means any and all Laws, now or hereafter in effect, and any judicial or administrative
interpretation thereof, including any judicial or administrative order, consent decree or other Judgment, relating to the environment, human health or safety, or to emissions, discharges, Releases or threatened Releases of pollutants, contaminants,
condensate, chemicals, or toxic or hazardous substances or wastes into the environment, including ambient air, surface water, groundwater, or land, or otherwise relating to the manufacture, processing, distribution, use, treatment, storage,
disposal, transport, or handling of pollutants, contaminants, chemicals or toxic or hazardous substances or wastes. 
 “Escrow
Agent” has the meaning set forth in the Escrow Agreement. 
 “Escrow Agreement” means that certain
Escrow Agreement, dated August 26, 2011 by and among Seller and the Prior Owner, and JPMorgan Chase Bank, National Association, as the escrow agent. 

“Exhibits” means all the exhibits attached to this Agreement. 

“FCPA” means the United States Foreign Corrupt Practices Act. 

“Financing Notice” has the meaning set forth in Section 2.1. 

“Gas” means any mixture of hydrocarbons and noncombustible gases in a gaseous state consisting primarily of methane.

 “GLE” means Gulf LNG Energy, LLC, a Delaware limited liability company. 

“GLE Channel” means GLE Channel Improvement, LLC, a Delaware limited liability company. 

“GLE (Port)” means Gulf LNG Energy (Port), LLC, a Delaware limited liability company. 

“GLP” means Gulf LNG Pipeline, LLC, a Delaware limited liability company. 

“Governmental Authority” means for any country, such country and its government and any national, federal, state,
county, municipal or other local authority exercising executive, legislative or judicial powers, including administrative, police, regulatory or taxing powers. 

“Gulf LNG Companies” means the Company and the Gulf LNG Subsidiaries. 

“Gulf LNG Subsidiaries” means (a) GLP, (b) GLE, (c) GLE (Port) and (d) GLE Channel. 

“Indemnified Party” has the meaning set forth in Section 6.6(a). 

“Indemnifying Party” has the meaning set forth in Section 6.6(a). 

“IPO” has the meaning set forth in the Recitals of this Agreement. 

 “Judgment” means any and all judgments, orders, directives, injunctions,
decrees or awards of any Governmental Authority, tribunal or arbitral body. 
 “Law” means all applicable laws,
rules, regulations, codes, ordinances, rulings, orders, decision, awards and Permits of a Governmental Authority, including Environmental Laws, the FCPA and all other equivalent anti-corruption or anti-bribery legislation applicable to the Parties,
their respective Affiliates and their respective officers, directors, employees, consultants, agents, representatives, beneficial owners or shareholders, members and partners. 

“LCP” has the meaning set forth in the Preamble of this Agreement. 

“Legal Matter” means any action, suit, litigation, other legal proceeding, alternative dispute resolution proceeding,
inquiry, investigation, or other proceeding by or before any Governmental Authority or any arbitral or other forum, including any of the foregoing in which injunctive, declaratory or similar relief is involved and any condemnation proceedings. 

“Losses” means all losses and all reasonable costs and expenses (excluding attorneys’ fees), calculated net of
(a) actual recoveries under existing insurance policies (net of any applicable collection costs and reserves, deductibles, premium adjustments and retrospectively rated premiums) and (b) amounts actually received in respect of Claims under
any third party indemnification Contracts. 
 “Notice Period” has the meaning set forth in
Section 6.6(a). 
 “Notices” has the meaning set forth in Section 7.5. 

“Offered Membership Interest” has the meaning set forth in the Recitals of this Agreement. 

“Option” has the meaning set forth in the Recitals of this Agreement. 

“Order” means any order, judgment, injunction, edict, decree, ruling, pronouncement, determination, decision, opinion,
sentence, subpoena, writ or award issued, made, entered or rendered by any court, administrative agency or other Governmental Authority or by any arbitrator. 

“Organizational Documents” means with respect to any Person, the articles of incorporation or association and by-laws,
the certificate of formation and the limited liability company agreement, the certificate of limited partnership and agreement of limited partnership, or other entity-formation documents, as applicable, that are required to be registered or lodged
in the place of incorporation, organization or formation of such Person and which establish the legal personality of such Person. 

“Party” or “Parties” has the meaning set forth in the Preamble of this Agreement. 

“Permits” means any franchise, license, permit, consent, approval, certificate, order or authorization by any
Governmental Authority. 
 “Person” means any individual, sole proprietorship, corporation, trust, company,
voluntary association, partnership, joint venture, limited liability company, unincorporated organization, institution, Governmental Authority or any other legal entity. 

“Pipeline” means that certain portion of the Project consisting of approximately five (5) miles of thirty-six
(36)-inch diameter transmission pipeline and appurtenant facilities, including a pig launcher receiver facility, and at least four (4) above-ground Gas metering, delivery, and 

 
interconnect sites and related facilities for interconnection with (a) the interstate pipelines of (i) Destin Pipeline Company, L.L.C., (ii) Florida Gas Transmission Company and
Transcontinental Gas Pipe Line Corporation, and (iii) Gulfstream Natural Gas Systems, L.L.C., and (b) the BP Pascagoula processing plant. 

“Prior Owner” means the entity from which Seller acquired the Offered Membership Interest. 

“Proceeding” means any action, suit, litigation, arbitration, lawsuit, claim, proceeding (including any civil,
criminal, administrative, investigative or appellate proceeding and any informal proceeding), prosecution, contests, hearing, inquiry, inquest, audit, examination, investigation, challenge, controversy or dispute commenced, brought, conducted or
heard by or before, or otherwise involving, any Governmental Authority or any arbitrator. 
 “Project” means the
development, construction, ownership and operation of a liquefied Gas storage and re-gasification facility, marine terminal, connecting pipelines and appurtenant real and personal property interests being developed by Gulf LNG and its Affiliates in
Jackson County, Mississippi, including (a) an LNG receiving facility including berthing accommodations for a single LNG vessel of at least 170,000 cubic meters and unloading facilities and piping and appurtenances, (b) an LNG storage and
vaporization facility, including two (2) storage tanks capable of storing a total of 320,000 cubic meters of LNG, ten (10) vaporization units each capable of flowing at least 150,000 Mcf/day, and associated piping and control equipment,
(c) associated utilities, infrastructure (including, if necessary, the expansion of the channel as specified in the Channel Improvements Project Agreement), and support systems, and (d) the Pipeline and such other pipelines as Gulf LNG may
elect. The marine terminal will have a capability of unloading approximately one hundred fifty (150) ships per year, based on an average throughput of 1.3 Bcf/d and an assumed carrier capacity of 170,000 cubic meters, with a peak deliverability
of 1.5 Bcf/d. The Pipeline is designed for a maximum allowable operating pressure of 1,440 psig and a peak deliverability of 1.5 Bcf/d of Gas. 

“Purchase Price” has the meaning set forth in Section 1.2(a). 

“Release” means any depositing, spilling, leaking, pumping, pouring, placing, emitting, discarding, abandoning,
emptying, discharging, migrating, injecting, escaping, leaching, dumping or disposing. 
 “Representatives” means,
with respect to a Person, such Person’s officers, employees, counsel, accountants, financial advisers and consultants. 

“Seller” has the meaning set forth in the Preamble of this Agreement. 

“Seller Indemnified Parties” means Seller, its Affiliates (excluding the Buyer Indemnified Parties) and their
respective directors, officers, employees, agents, trustees and representatives. 
 “Tax” or
“Taxes” means any federal, state, local or foreign taxes, charges, assessments, fees, unclaimed property and escheat obligations, and other governmental charges imposed by any Tax Authority, including income, profits, gross
receipts, net proceeds, alternative or add-on minimum, ad valorem, real property (including assessments, fees or other charges imposed by any Tax Authority that are based on the use or ownership of real property) value added, turnover, sales, use,
property, personal property (tangible and intangible), environmental, stamp, leasing, lease, user, excise, duty, franchise, capital stock, transfer, registration, license, withholding, social security (or similar), unemployment, disability, payroll,
employment, fuel, excess profits, occupational, premium, windfall profit, severance, estimated, or other similar charge of any kind, including any interest, penalty, or addition thereto, whether disputed or not. 

 “Tax Authority” means any Governmental Authority having jurisdiction with
respect to any Tax. 
 “Treasury Regulations” means the applicable Treasury Regulations promulgated under the Code,
whether such regulations are in proposed, temporary or final form, as such regulations may be amended from time to time (including corresponding provisions of succeeding Treasury Regulations).

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