Document:

EX-10.2

 Exhibit 10.2 

Execution Version 

FIRST AMENDED AND RESTATED 

AGREEMENT OF LIMITED PARTNERSHIP 

OF 
 MCE, LP 

 TABLE OF CONTENTS 

 

							
	ARTICLE I	  			
	DEFINITIONS	  			
			
	 Section 1.1
	 	 Definitions
	  	 	1	  
	 Section 1.2
	 	 Construction
	  	 	19	  
		
	ARTICLE II	  			
	ORGANIZATION	  			
			
	 Section 2.1
	 	 Formation
	  	 	19	  
	 Section 2.2
	 	 Name
	  	 	19	  
	 Section 2.3
	 	 Registered Office; Registered Agent; Principal Office; Other Offices
	  	 	20	  
	 Section 2.4
	 	 Purpose and Business
	  	 	20	  
	 Section 2.5
	 	 Powers
	  	 	20	  
	 Section 2.6
	 	 Term
	  	 	20	  
	 Section 2.7
	 	 Title to Partnership Assets
	  	 	20	  
		
	ARTICLE III	  			
	RIGHTS OF LIMITED PARTNERS	  			
			
	 Section 3.1
	 	 Limitation of Liability
	  	 	21	  
	 Section 3.2
	 	 Management of Business
	  	 	21	  
	 Section 3.3
	 	 Outside Activities of the Limited Partners
	  	 	21	  
	 Section 3.4
	 	 Rights of Limited Partners
	  	 	21	  
		
	ARTICLE IV	  			
	CERTIFICATES; RECORD HOLDERS; TRANSFER OF PARTNERSHIP INTERESTS; REDEMPTION OF PARTNERSHIP INTERESTS	  			
			
	 Section 4.1
	 	 Certificates
	  	 	23	  
	 Section 4.2
	 	 Mutilated, Destroyed, Lost or Stolen Certificates
	  	 	23	  
	 Section 4.3
	 	 Record Holders
	  	 	24	  
	 Section 4.4
	 	 Transfer Generally
	  	 	24	  
	 Section 4.5
	 	 Registration and Transfer of Limited Partner Interests
	  	 	25	  
	 Section 4.6
	 	 Transfer of the General Partner’s General Partner Interest
	  	 	25	  
	 Section 4.7
	 	 Restrictions on Transfers
	  	 	25	  

  
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	ARTICLE V	  			
	CAPITAL CONTRIBUTIONS AND ISSUANCE OF PARTNERSHIP INTERESTS	  			
			
	 Section 5.1
	 	 Organizational Contributions
	  	 	26	  
	 Section 5.2
	 	 General Partner Interest
	  	 	27	  
	 Section 5.3
	 	 Contributions by Initial Limited Partners
	  	 	27	  
	 Section 5.4
	 	 Interest and Withdrawal
	  	 	27	  
	 Section 5.5
	 	 Capital Accounts
	  	 	27	  
	 Section 5.6
	 	 Issuances of Additional Partnership Interests and Derivative Instruments
	  	 	30	  
	 Section 5.7
	 	 Limited Preemptive Right
	  	 	31	  
	 Section 5.8
	 	 Splits and Combinations
	  	 	31	  
	 Section 5.9
	 	 Fully Paid and Non-Assessable Nature of Limited Partner Interests
	  	 	32	  
	 Section 5.10
	 	 Reset Election and Reset Consideration
	  	 	32	  
		
	ARTICLE VI	  			
	ALLOCATIONS AND DISTRIBUTIONS	  			
			
	 Section 6.1
	 	 Allocations for Capital Account Purposes
	  	 	34	  
	 Section 6.2
	 	 Allocations for Tax Purposes
	  	 	40	  
	 Section 6.3
	 	 Requirements and Characterization of Distributions; Distributions to Record Holders
	  	 	42	  
	 Section 6.4
	 	 Distributions of Available Cash from Operating Surplus
	  	 	42	  
	 Section 6.5
	 	 Distributions of Available Cash from Capital Surplus
	  	 	43	  
	 Section 6.6
	 	 Adjustment of Minimum Quarterly Distribution and Target Distribution Levels
	  	 	43	  
	 Section 6.7
	 	 Entity-Level Taxation
	  	 	43	  
		
	ARTICLE VII	  			
	MANAGEMENT AND OPERATION OF BUSINESS	  			
			
	 Section 7.1
	 	 Management
	  	 	44	  
	 Section 7.2
	 	 Replacement of Fiduciary Duties
	  	 	46	  
	 Section 7.3
	 	 Certificate of Limited Partnership
	  	 	46	  
	 Section 7.4
	 	 Restrictions on the General Partner’s Authority
	  	 	47	  
	 Section 7.5
	 	 Reimbursement of the General Partner
	  	 	47	  
	 Section 7.6
	 	 Outside Activities
	  	 	48	  
	 Section 7.7
	 	 Indemnification
	  	 	49	  
	 Section 7.8
	 	 Liability of Indemnitees
	  	 	51	  
	 Section 7.9
	 	 Standards of Conduct and Modification of Duties
	  	 	51	  
	 Section 7.10
	 	 Other Matters Concerning the General Partner and Indemnitees
	  	 	53	  
	 Section 7.11
	 	 Purchase or Sale of Partnership Interests
	  	 	53	  
	 Section 7.12
	 	 Reliance by Third Parties
	  	 	54	  

  
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	ARTICLE VIII	  			
	BOOKS, RECORDS, ACCOUNTING AND REPORTS	  			
			
	 Section 8.1
	 	 Records and Accounting
	  	 	54	  
	 Section 8.2
	 	 Fiscal Year
	  	 	54	  
	 Section 8.3
	 	 Reports
	  	 	55	  
		
	ARTICLE IX	  			
	TAX MATTERS	  			
			
	 Section 9.1
	 	 Tax Returns and Information
	  	 	55	  
	 Section 9.2
	 	 Tax Elections
	  	 	55	  
	 Section 9.3
	 	 Tax Controversies
	  	 	56	  
	 Section 9.4
	 	 Withholding; Tax Payments
	  	 	56	  
		
	ARTICLE X	  			
	ADMISSION OF PARTNERS	  			
			
	 Section 10.1
	 	 Admission of Limited Partners
	  	 	56	  
	 Section 10.2
	 	 Admission of Successor General Partner
	  	 	57	  
	 Section 10.3
	 	 Amendment of Agreement and Certificate of Limited Partnership
	  	 	57	  
		
	ARTICLE XI	  			
	DISSOLUTION AND LIQUIDATION	  			
			
	 Section 11.1
	 	 Dissolution
	  	 	58	  
	 Section 11.2
	 	 Liquidator
	  	 	58	  
	 Section 11.3
	 	 Liquidation
	  	 	58	  
	 Section 11.4
	 	 Cancellation of Certificate of Limited Partnership
	  	 	59	  
	 Section 11.5
	 	 Return of Contributions
	  	 	59	  
	 Section 11.6
	 	 Waiver of Partition
	  	 	59	  
	 Section 11.7
	 	 Capital Account Restoration
	  	 	59	  
		
	ARTICLE XII	  			
	AMENDMENT OF PARTNERSHIP AGREEMENT	  			
			
	 Section 12.1
	 	 Amendments of Partnership Agreement
	  	 	60	  

  
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	ARTICLE XIII	  			
	MERGER OR CONSOLIDATION	  			
			
	 Section 13.1
	 	 Authority
	  	 	60	  
	 Section 13.2
	 	 Procedure for Merger or Consolidation
	  	 	60	  
	 Section 13.3
	 	 Approval by Limited Partners
	  	 	61	  
	 Section 13.4
	 	 Certificate of Merger
	  	 	63	  
	 Section 13.5
	 	 Effect of Merger or Consolidation
	  	 	63	  
		
	ARTICLE XIV	  			
	GENERAL PROVISIONS	  			
			
	 Section 14.1
	 	 Addresses and Notices; Written Communications
	  	 	63	  
	 Section 14.2
	 	 Further Action
	  	 	64	  
	 Section 14.3
	 	 Binding Effect
	  	 	64	  
	 Section 14.4
	 	 Integration
	  	 	64	  
	 Section 14.5
	 	 Creditors
	  	 	64	  
	 Section 14.6
	 	 Waiver
	  	 	64	  
	 Section 14.7
	 	 Third-Party Beneficiaries
	  	 	65	  
	 Section 14.8
	 	 Counterparts
	  	 	65	  
	 Section 14.9
	 	 Applicable Law; Forum, Venue and Jurisdiction; Waiver of Trial by Jury
	  	 	65	  
	 Section 14.10
	 	 Invalidity of Provisions
	  	 	66	  
	 Section 14.11
	 	 Consent of Partners
	  	 	66	  
	 Section 14.12
	 	 Facsimile Signatures
	  	 	66	  

  
 iv 

 Execution Version 

FIRST AMENDED AND RESTATED AGREEMENT 

OF LIMITED PARTNERSHIP OF MCE, LP 

THIS FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF MCE, LP dated as of November 12, 2013, is entered into by and between
MCE GP, LLC, a Delaware limited liability company, as the General Partner, and MCE, LLC, a Delaware limited liability company, in its capacity as the Organizational Limited Partner, together with any other Persons who become Partners in the
Partnership or parties hereto as provided herein. In consideration of the covenants, conditions and agreements contained herein, the parties hereto hereby agree as follows: 

ARTICLE I 
 DEFINITIONS

 Section 1.1 Definitions. The following definitions shall be for all purposes, unless otherwise clearly indicated to the
contrary, applied to the terms used in this Agreement. 
 “Additional Book Basis” means, with respect to any Adjusted
Property, the portion of the Carrying Value of such Adjusted Property that is attributable to positive adjustments made to such Carrying Value, as determined in accordance with the provisions set forth below in this definition of Additional Book
Basis. For purposes of determining the extent to which Carrying Value constitutes Additional Book Basis: 
 (a) Any negative adjustment made
to the Carrying Value of an Adjusted Property as a result of either a Book-Down Event or a Book-Up Event shall first be deemed to offset or decrease that portion of the Carrying Value of such Adjusted Property that is attributable to any prior
positive adjustments made thereto pursuant to a Book-Up Event or Book-Down Event. 
 (b) If Carrying Value that constitutes Additional Book
Basis is reduced as a result of a Book-Down Event (an “Additional Book Basis Reduction”) and the Carrying Value of other property is increased as a result of such Book-Down Event (a “Carrying Value
Increase”), then any such Carrying Value Increase shall be treated as Additional Book Basis in an amount equal to the lesser of (a) the amount of such Carrying Value Increase and (b) the amount determined by proportionately
allocating to the Carrying Value Increases resulting from such Book-Down Event the lesser of (I) the aggregate Additional Book Basis Reductions resulting from such Book Down-Event and (II) the amount by which the Aggregate Remaining Net
Positive Adjustments after such Book-Down Event exceeds the remaining Additional Book Basis attributable to all of the Partnership’s Adjusted Property after such Book-Down Event (determined without regard to the application of this clause
(b) to such Book-Down Event). 
 “Additional Book Basis Derivative Items” means any Book Basis Derivative Items that
are computed with reference to Additional Book Basis. To the extent that the Additional Book Basis attributable to all of the Partnership’s Adjusted Property as of the beginning of any taxable period exceeds the Aggregate Remaining Net Positive
Adjustments as of the beginning of such period (the “Excess Additional Book Basis”), the Additional Book Basis Derivative Items for such period shall be reduced by the amount that bears the same ratio to the amount of
Additional 

 
Book Basis Derivative Items determined without regard to this sentence as the Excess Additional Book Basis bears to the Additional Book Basis as of the beginning of such period. With respect to a
Disposed of Adjusted Property, the Additional Book Basis Derivative Items shall be the amount of Additional Book Basis taken into account in computing gain or loss from the disposition of such Disposed of Adjusted Property; provided that the
provisions of the immediately preceding sentence shall apply to the determination of the Additional Book Basis Derivative Items attributable to Disposed of Adjusted Property. 

“Additional Contribution” is defined in Section 5.3(b). 

“Adjusted Capital Account” means, with respect to any Partner, the balance in such Partner’s Capital Account at the end
of each taxable period of the Partnership, after giving effect to the following adjustments: 
 (i) credit to such Capital Account any
amounts which such Partner is (x) obligated to restore under the standards set by Treasury Regulation Section 1.704-1(b)(2)(ii)(c) or (y) deemed obligated to restore pursuant to the penultimate
sentences of Treasury Regulation Sections 1.704-2(g)(1) and 1.704-2(i)(5); and 

(ii) debit to such Capital Account the items described in Treasury Regulation Sections
1.704-1(b)(2)(ii)(d)(4), 1.704-1(b)(2)(ii)(d)(5) and 1.704-1(b)(2)(ii)(d)(6). 

The foregoing definition of Adjusted Capital Account is intended to comply with the provisions of Treasury Regulation
Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith. The “Adjusted Capital Account” of a Partner in respect of any Partnership Interest shall be the amount that such Adjusted Capital Account would be if such
Partnership Interest were the only interest in the Partnership held by such Partner from and after the date on which such Partnership Interest was first issued. 

“Adjusted Property” means any property the Carrying Value of which has been adjusted pursuant to Section 5.5(d). 

“Affiliate” means, with respect to any Person, any other Person that directly or indirectly through one or more
intermediaries controls, is controlled by or is under common control with, the Person in question. 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 ownership of voting securities, by contract or otherwise. 
 “Aggregate
Quantity of Reset Election Units” is defined in Section 5.10(a). 
 “Aggregate Remaining Net Positive Adjustments”
means, as of the end of any taxable period, the sum of the Remaining Net Positive Adjustments of all the Partners. 
 “Agreed
Allocation” means any allocation, other than a Required Allocation, of an item of income, gain, loss or deduction pursuant to the provisions of Section 6.1, including a Curative Allocation (if appropriate to the context in which the
term “Agreed Allocation” is used). 

  
 2 

 “Agreed Value” of (a) a Contributed Property means the fair market value of
such property at the time of contribution and (b) an Adjusted Property means the fair market value of such Adjusted Property on the date of the Revaluation Event, in each case as determined by the General Partner. 

“Agreement” means this First Amended and Restated Agreement of Limited Partnership of MCE, LP, as it may be amended,
supplemented or restated from time to time. 
 “Associate” means, when used to indicate a relationship with any Person,
(a) any corporation or organization of which such Person is a director, officer, manager, general partner or managing member or is, directly or indirectly, the owner of 20% or more of any class of voting stock or other voting interest;
(b) any trust or other estate in which such Person has at least a 20% beneficial interest or as to which such Person serves as trustee or in a similar fiduciary capacity; and (c) any relative or spouse of such Person, or any relative of
such spouse, who has the same principal residence as such Person. 
 “Available Cash” means, with respect to any Quarter
ending prior to the Liquidation Date, an amount equal to the quotient obtained by dividing Distributable Cash Flow with respect to such Quarter by 1.25; provided, however, that “Available Cash” with respect to the Quarter in which
the Liquidation Date occurs and any subsequent Quarter shall equal zero. 
 “Board of Directors” means the board of
directors of New Source Energy GP, LLC, the general partner of NSLP. 
 “Book Basis Derivative Items” means any item of
income, deduction, gain or loss that is computed with reference to the Carrying Value of an Adjusted Property (e.g., depreciation, depletion, or gain or loss with respect to an Adjusted Property). 

“Book-Down Event” means an event that triggers a negative adjustment to the Capital Accounts of the Partners pursuant to
Section 5.5(d). 
 “Book-Tax Disparity” means with respect to any item of Contributed Property or Adjusted Property, as of
the date of any determination, the difference between the Carrying Value of such Contributed Property or Adjusted Property and the adjusted basis thereof for U.S. federal income tax purposes as of such date. A Partner’s share of the
Partnership’s Book-Tax Disparities in all of its Contributed Property and Adjusted Property will be reflected by the difference between such Partner’s Capital Account balance as maintained pursuant to Section 5.5 and the hypothetical
balance of such Partner’s Capital Account computed as if it had been maintained strictly in accordance with U.S. federal income tax accounting principles. 

“Book-Up Event” means an event that triggers a positive adjustment to the Capital Accounts of the Partners pursuant to
Section 5.5(d). 
 “Business Day” means Monday through Friday of each week, except that a legal holiday recognized as such
by the government of the United States of America or the State of Oklahoma shall not be regarded as a Business Day. 

  
 3 

 “Capital Account” means the capital account maintained for a Partner pursuant to
Section 5.5. The “Capital Account” of a Partner in respect of any Partnership Interest shall be the amount that such Capital Account would be if such Partnership Interest were the only interest in the Partnership held by such Partner
from and after the date on which such Partnership Interest was first issued. 
 “Capital Contribution” means any cash, cash
equivalents or the Net Agreed Value of Contributed Property that a Partner contributes to the Partnership or that is contributed or deemed contributed to the Partnership on behalf of a Partner (including, in the case of an underwritten offering of
Units, the amount of any underwriting discounts or commissions). 
 “Capital Improvement” means any (a) addition or
improvement to the capital assets owned by any Group Member, (b) acquisition (through an asset acquisition, merger, stock acquisition or other form of investment) of existing, or the construction of new, capital assets by any Group Member, or
(c) capital contribution by a Group Member to a Person that is not a Subsidiary, in which a Group Member has, or after such capital contribution will have an equity interest, to fund the Group Member’s pro rata share of the cost of the
acquisition of existing or the construction of new or the improvement of existing, capital assets, in each case if such addition, improvement, acquisition or construction is made to increase over the long-term the asset base, operating capacity or
operating income of the Partnership Group from the long-term asset base, operating capacity or operating income of the Partnership Group, in the case of clauses (a) and (b), or such Person, in the case of clause (c), from that existing
immediately prior to such addition, improvement, acquisition or construction. 
 “Capital Surplus” means Available Cash
distributed by the Partnership in excess of Operating Surplus, as described in Section 6.3(a). 
 “Carrying Value” means
(a) with respect to a Contributed Property or an Adjusted Property, the Agreed Value of such property reduced (but not below zero) by all depreciation, Simulated Depletion, amortization and cost recovery deductions charged to the Partners’
Capital Accounts in respect of such property, and (b) with respect to any other Partnership property, the adjusted basis of such property for U.S. federal income tax purposes, all as of the time of determination. The Carrying Value of any
property shall be adjusted from time to time in accordance with Section 5.5(d) and to reflect changes, additions or other adjustments to the Carrying Value for dispositions and acquisitions of Partnership properties, as deemed appropriate by
the General Partner. 
 “Cause” means a court of competent jurisdiction has entered a final, non-appealable judgment
finding the General Partner is liable to the Partnership or any Limited Partner for actual fraud or willful misconduct in its capacity as a general partner of the Partnership. 

“Certificate” means a certificate in such form (including in global form if permitted by applicable rules and regulations of
the Depository Trust Company and its permitted successors and assigns) as may be adopted by the General Partner, issued by the Partnership evidencing ownership of one or more Partnership Interests. 

  
 4 

 “Certificate of Limited Partnership” means the Certificate of Limited
Partnership of the Partnership filed with the Secretary of State of the State of Delaware as referenced in Section 7.3, as such Certificate of Limited Partnership may be amended, supplemented or restated from time to time. 

“Class A Holder VWAP” is defined in Section 5.10(a). 

“Class A Unit” means a Limited Partner Interest having the rights and obligations specified with respect to Class A
Units in this Agreement. The term “Class A Unit” does not refer to or include any Class B Units. 
 “Class B
Distributions” means any amount of cash distributed to the holders of the Class B Units pursuant to Section 6.4. 
 “Class
B Units” means a Limited Partner Interest having the rights and obligations specified with respect to Class B Units in this Agreement. 

“Closing Date” means the first date on which Class A Units are issued and delivered by the Partnership to NSLP. 

“Closing Price” means, in respect of any class of Limited Partner Interests, as of the date of determination, the last sale
price on such day, regular way, or in case no such sale takes place on such day, the average of the closing bid and asked prices on such day, regular way, in either case as reported in the principal consolidated transaction reporting system with
respect to securities listed or admitted to trading on the principal National Securities Exchange on which such Limited Partner Interests are listed or admitted to trading or, if such Limited Partner Interests are not listed or admitted to trading
on any National Securities Exchange, the last quoted price on such day or, if not so quoted, the average of the high bid and low asked prices on such day in the over-the-counter market, as reported by the primary reporting system then in use in
relation to such Limited Partner Interests of such class, or, if on any such day such Limited Partner Interests of such class are not quoted by any such organization, the average of the closing bid and asked prices on such day as furnished by a
professional market maker making a market in such Limited Partner Interests of such class selected by the General Partner, or if on any such day no market maker is making a market in such Limited Partner Interests of such class, the fair value of
such Limited Partner Interests on such day as determined by the General Partner. 
 “Code” means the U.S. Internal Revenue
Code of 1986, as amended and in effect from time to time. Any reference herein to a specific section or sections of the Code shall be deemed to include a reference to any corresponding provision of any successor law. 

“Commences Commercial Service” means the date a Capital Improvement or replacement capital asset, as applicable, is first put
into or commences commercial service by a Group Member following, if applicable, completion of construction, acquisition, development or testing, as applicable. 

“Commission” means the United States Securities and Exchange Commission. 

  
 5 

 “Conflicts Committee” means a committee of the Board of Directors composed
entirely of one or more directors, each of whom (a) is not an officer or employee of NSLP GP (b) is not an officer or employee of any Affiliate of NSLP GP or a director of any Affiliate of NSLP GP (other than any member of the NSLP
Partnership Group), (c) is not a holder of any ownership interest in NSLP GP or any of its Affiliates, including any member of the NSLP Partnership Group, other than common units of NSLP and awards that are granted to such director under
Long-Term Incentive Plan of NSLP GP, as may be amended, or any equity compensation plan successor thereto, and (d) is determined by the Board of Directors to be independent under the independence standards required for directors who serve on an
audit committee of a board of directors established by the Securities Exchange Act and the rules and regulations of the Commission thereunder and by the National Securities Exchange on which any class of NSLP partnership interests is listed or
admitted to trading. 
 “Contributed Property” means each property, in such form as may be permitted by the Delaware Act,
but excluding cash, contributed to the Partnership. Once the Carrying Value of a Contributed Property is adjusted pursuant to Section 5.5(d), such property shall no longer constitute a Contributed Property, but shall be deemed an Adjusted
Property. 
 “Contribution Agreement” means that certain Contribution Agreement, dated as of November 12, 2013, among
NSLP, MCE LLC and certain other parties, together with the additional conveyance documents and instruments contemplated or referenced thereunder, as such may be amended, supplemented or restated from time to time. 

“Curative Allocation” means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions
of Section 6.1(d)(xi). 
 “Current Market Price” means, in respect of any class of Limited Partner Interests, as of the
date of determination, the average of the daily Closing Prices per Limited Partner Interest of such class for the 20 consecutive Trading Days immediately prior to such date. 

“Delaware Act” means the Delaware Revised Uniform Limited Partnership Act, 6 Del C. Section 17-101, et seq., as amended,
supplemented or restated from time to time, and any successor to such statute. 
 “Departing General Partner” means a
former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or 11.2. 

“Derivative Instruments” means options, rights, warrants, appreciation rights, tracking, profit and phantom interests and
other derivative instruments relating to, convertible into or exchangeable for Partnership Interests. 
 “Deylau” means
Deylau, LLC, a Delaware limited liability company. 
 “Disposed of Adjusted Property” is defined in Section 6.1(d)(xii)(B).

  
 6 

 “Distributable Cash Flow” means, for any period, MCE Adjusted EBITDA less
(i) Estimated Maintenance Capital Expenditures and (ii) the cash component of interest expense incurred with respect to such period. 

“Economic Risk of Loss” has the meaning set forth in Treasury Regulation
Section 1.752-2(a). 
 “Election Purchase Price” is defined in Section
5.10(a). 
 “Estimated Incremental Quarterly Tax Amount” is defined in Section 6.8. 

“Estimated Maintenance Capital Expenditures” means an estimate made by the officer of the Partnership with primary
responsibility for preparation of the Partnership Group’s financial statements (with the concurrence of the Conflicts Committee) of the average quarterly Maintenance Capital Expenditures that the Partnership will need to incur over the long
term to maintain the long-term asset base of the Partnership Group (including the Partnership’s proportionate share of the average quarterly Maintenance Capital Expenditures of its Subsidiaries that are not wholly owned) existing at the time
the estimate is made. Such officer (with the concurrence of the Conflicts Committee) will be permitted to make such estimate in any manner he or she determines reasonable. The estimate will be made at least annually and whenever an event occurs that
is likely to result in a material adjustment to the amount of future Estimated Maintenance Capital Expenditures. The Partnership shall disclose to its Partners any change in the amount of Estimated Maintenance Capital Expenditures in its reports
made in accordance with Section 8.3 to the extent not previously disclosed. Any adjustments to Estimated Maintenance Capital Expenditures shall be prospective only. 

“Event Issue Value” means, with respect to any Class A Unit as of any date of determination, the value determined by the
General Partner for the Class A Unit taking into account all relevant factors. 
 “Event of Withdrawal” is defined in
Section 11.1(a). 
 “Excess Additional Book Basis” is defined in the definition of Additional Book Basis Derivative Items.

 “Excess Distribution” is defined in Section 6.1(d)(iii)(A). 

“Excess Distribution Unit” is defined in Section 6.1(d)(iii)(A). 

“First Target Distribution” means $18,193.55 per Unit per Quarter (or, with respect to periods of less than a full fiscal
quarter, it means the product of such amount multiplied by a fraction of which the numerator is the number of days in such period, and the denominator is the total number of days in such fiscal quarter), subject to adjustment in accordance with
Sections 5.3, 5.10, 6.6 and 6.7. 
 “General Partner” means MCE GP, LLC, a Delaware limited liability company, and its
successors and permitted assigns that are admitted to the Partnership as general partner of the Partnership, in their capacities as general partner of the Partnership (except as the context otherwise requires). 

  
 7 

 “General Partner Interest” means the ownership interest of the General Partner
in the Partnership (in its capacity as a general partner and without reference to any Limited Partner Interest held by it), and includes any and all rights, powers and benefits to which the General Partner is entitled as provided in this Agreement,
together with all obligations of the General Partner to comply with the terms and provisions of this Agreement. 
 “Gross Liability
Value” means, with respect to any Liability of the Partnership described in Treasury Regulation Section 1.752-7(b)(3)(i), the amount of cash that a willing assignor would pay to a willing assignee to assume such Liability in an
arm’s-length transaction. 
 “Group” means two or more Persons that with or through any of their respective Affiliates
or Associates have any contract, arrangement, understanding or relationship for the purpose of acquiring, holding, voting (except voting pursuant to a revocable proxy or consent given to such Person in response to a proxy or consent solicitation
made to 10 or more Persons), exercising investment power or disposing of any Partnership Interests with any other Person that beneficially owns, or whose Affiliates or Associates beneficially own, directly or indirectly, Partnership Interests. 

“Group Member” means a member of the Partnership Group. 

“Group Member Agreement” means the partnership agreement of any Group Member, other than the Partnership, that is a limited
or general partnership, the limited liability company agreement of any Group Member that is a limited liability company, the certificate of incorporation and bylaws or similar organizational documents of any Group Member that is a corporation, the
joint venture agreement or similar governing document of any Group Member that is a joint venture and the governing or organizational or similar documents of any other Group Member that is a Person other than a limited or general partnership,
limited liability company, corporation or joint venture, as such may be amended, supplemented or restated from time to time. 

“Growth Capital Expenditures” means cash expenditures for Capital Improvements, and shall not include Maintenance Capital
Expenditures or Investment Capital Expenditures. Growth Capital Expenditures shall include interest (and related fees) on debt incurred to finance the construction of a Capital Improvement and paid in respect of the period beginning on the date that
a Group Member enters into a binding obligation to commence construction of a Capital Improvement and ending on the earlier to occur of the date that such Capital Improvement Commences Commercial Service and the date that such Capital Improvement is
abandoned or disposed of. Debt incurred to fund such construction period interest payments or to fund distributions in respect of equity issued (including incremental Class B Distributions related thereto) to fund the construction of a Capital
Improvement as described in clause (a)(iv) of the definition of Operating Surplus shall also be deemed to be debt incurred to finance the construction of a Capital Improvement. Where capital expenditures are made in part for Growth Capital
Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each. 

  
 8 

 “Hedge Contract” means any exchange, swap, forward, cap, floor, collar, option
or other similar agreement or arrangement entered into for the purpose of reducing the exposure of the Partnership Group to fluctuations in commodities, financial instruments or other capital activity, in each case, other than for speculative
purposes. 
 “Incremental Income Taxes” is defined in Section 6.8. 

“Indemnitee” means (a) any General Partner, (b) any Departing General Partner, (c) any Person who is or was an
Affiliate of the General Partner or any Departing General Partner, (d) any Person who is or was a manager, managing member, general partner, director, officer, employee, agent, fiduciary or trustee of any Group Member, a General Partner, any
Departing General Partner or any of their respective Affiliates, (e) any Person who is or was serving at the request of a General Partner, any Departing General Partner or any of their respective Affiliates as an officer, director, manager,
managing member, general partner, employee, agent, fiduciary or trustee of another Person owing a fiduciary or similar duty to any Group Member; provided that a Person shall not be an Indemnitee by reason of providing, on a fee-for-services basis,
trustee, fiduciary or custodial services, (f) any Person who controls a General Partner or Departing General Partner and (g) any Person the General Partner designates as an “Indemnitee” for purposes of this Agreement
because such Person’s service, status or relationship exposes such Person to potential claims, demands, actions, suits or proceedings relating to the Partnership Group’s business and affairs. 

“Initial Limited Partners” means (a) NSLP (with respect to the Class A Units received by it pursuant to
Section 5.3), and (b) Deylau and Signature (with respect to the Class B Units received by each of them pursuant to Section 5.3), in each case upon being admitted to the Partnership in accordance with Section 10.1. 

“Initial Unit Price” means (a) with respect to the Class A Units, $398,085.62 or (b) with respect to any other
class or series of Units, the price per Unit at which such class or series of Units is initially sold by the Partnership, as determined by the General Partner, in each case adjusted as the General Partner determines to be appropriate to give effect
to any distribution, subdivision or combination of Units. 
 “Interim Capital Transactions” means the following
transactions if they occur prior to the Liquidation Date: (a) borrowings, refinancings or refundings of indebtedness (other than Working Capital Borrowings and other than for items purchased on open account or for a deferred purchase price in
the ordinary course of business) by any Group Member and sales of debt securities of any Group Member; (b) sales of equity interests of any Group Member; and (c) sales or other voluntary or involuntary dispositions of any assets of any
Group Member other than (i) sales or other dispositions of inventory, accounts receivable and other assets in the ordinary course of business, and (ii) sales or other dispositions of assets as part of normal retirements or replacements.

 “Investment Capital Expenditures” means capital expenditures other than Maintenance Capital Expenditures and Growth
Capital Expenditures. 

  
 9 

 “Liability” means any liability or obligation of any nature, whether accrued,
contingent or otherwise. 
 “Limited Partner” means, unless the context otherwise requires, the Initial Limited Partners
and each additional Person that becomes a Limited Partner pursuant to the terms of this Agreement. 
 “Limited Partner
Interest” means the ownership interest of a Limited Partner in the Partnership, which may be evidenced by Class A Units, Class B Units or other Partnership Interests or a combination thereof or interest therein, and includes any and
all benefits to which such Limited Partner is entitled as provided in this Agreement, together with all obligations of such Limited Partner to comply with the terms and provisions of this Agreement. 

“Liquidation Date” means (a) in the case of an event giving rise to the dissolution of the Partnership of the type
described in clauses (a) and (b) of the first sentence of Section 12.2, the date on which the applicable time period during which the holders of Outstanding Units have the right to elect to continue the business of the Partnership has
expired without such an election being made, and (b) in the case of any other event giving rise to the dissolution of the Partnership, the date on which such event occurs. 

“Liquidator” means one or more Persons selected pursuant to Section 11.2 to perform the functions described in
Section 11.3 as liquidating trustee of the Partnership within the meaning of the Delaware Act. 
 “Maintenance Capital
Expenditures” means cash expenditures (including expenditures for the addition or improvement to or replacement of the capital assets owned by any Group Member or for the acquisition of existing, or the construction or development of new,
capital assets) if such expenditures are made to maintain the asset base, operating capacity or operating income of the Partnership Group over the long-term. Maintenance Capital Expenditures shall include interest (and related fees) on debt incurred
and distributions in respect of equity issued, in each case, to finance the construction or development of a replacement capital asset and paid in respect of the period beginning on the date that a Group Member enters into a binding obligation to
commence constructing or developing a replacement capital asset and ending on the earlier to occur of the date that such replacement capital asset Commences Commercial Service and the date that such replacement capital asset is abandoned or disposed
of. Debt incurred to pay or equity issued to fund construction or development period interest payments, or such construction or development period distributions in respect of equity, shall also be deemed to be debt or equity, as the case may be,
incurred to finance the construction or development of a replacement capital asset and the incremental Class B Distributions paid relating to newly issued equity shall be deemed to be distributions paid on equity issued to finance the construction
or development of a replacement capital asset. 
 “MCE Adjusted EBITDA” means, for any period for the Partnership Group,
the sum of net income for such period plus the following expenses or charges, to the extent deducted from net income in such period: interest expense, income taxes, depreciation, depletion and amortization, accretion expense, non-cash compensation
expense and unrealized derivative gains and losses. 

  
 10 

 “MCE LLC” means MCE, LLC, a Delaware limited liability company. 

“Merger Agreement” is defined in Section 14.1. 

“Minimum Quarterly Distribution” means $15,820.48 per Unit per Quarter (or with respect to periods of less than a full fiscal
quarter, it means the product of such amount multiplied by a fraction of which the numerator is the number of days in such period and the denominator is the total number of days in such fiscal quarter), subject to adjustment in accordance with
Sections 5.3, 5.10, 6.6 and 6.7. 
 “National Securities Exchange” means an exchange registered with the Commission
under Section 6(a) of the Securities Exchange Act (or any successor to such Section) and any other securities exchange (whether or not registered with the Commission under Section 6(a) (or successor to such Section) of the Securities
Exchange Act) that the General Partner shall designate as a National Securities Exchange for purposes of this Agreement. 
 “Net
Agreed Value” means, (a) in the case of any Contributed Property, the Agreed Value of such property reduced by any Liabilities either assumed by the Partnership upon such contribution or to which such property is subject when
contributed and (b) in the case of any property distributed to a Partner by the Partnership, the Partnership’s Carrying Value of such property (as adjusted pursuant to Section 5.5(d)(ii)) at the time such property is distributed,
reduced by any Liabilities either assumed by such Partner upon such distribution or to which such property is subject at the time of distribution. 

“Net Income” means, for any taxable period, the excess, if any, of the Partnership’s items of income and gain (other
than those items taken into account in the computation of Net Termination Gain or Net Termination Loss) for such taxable period over the Partnership’s items of loss and deduction (other than those items taken into account in the computation of
Net Termination Gain or Net Termination Loss) for such taxable period. The items included in the calculation of Net Income shall be determined in accordance with Section 5.5(b) but shall not include any items specially allocated under
Section 6.1(d); provided, that the determination of the items that have been specially allocated under Section 6.1(d) shall be made without regard to any reversal of such items under Section 6.1(d)(xii). 

“Net Loss” means, for any taxable period, the excess, if any, of the Partnership’s items of loss and deduction (other
than those items taken into account in the computation of Net Termination Gain or Net Termination Loss) for such taxable period over the Partnership’s items of income and gain (other than those items taken into account in the computation of Net
Termination Gain or Net Termination Loss) for such taxable period. The items included in the calculation of Net Loss shall be determined in accordance with Section 5.5(b) but shall not include any items specially allocated under
Section 6.1(d); provided, that the determination of the items that have been specially allocated under Section 6.1(d) shall be made without regard to any reversal of such items under Section 6.1(d)(xii). 

“Net Positive Adjustments” means, with respect to any Partner, the excess, if any, of the total positive adjustments over the
total negative adjustments made to the Capital Account of such Partner pursuant to Book-Up Events and Book-Down Events. 

  
 11 

 “Net Termination Gain” means, for any taxable period, (a) the sum, if
positive, of all items of income, gain, loss or deduction (determined in accordance with Section 5.5) that are recognized (i) after the Liquidation Date or (ii) upon the sale, exchange or other disposition of all or substantially all
of the assets of the Partnership Group, taken as a whole, in a single transaction or a series of related transactions (excluding any disposition to a member of the Partnership Group), or (b) the excess, if any, of the aggregate amount of
Unrealized Gain over the aggregate amount of Unrealized Loss deemed recognized by the Partnership pursuant to Section 5.5(d) on the date of a Revaluation Event; provided, however, the items included in the determination of Net
Termination Gain shall not include any items of income, gain or loss specially allocated under Sections 6.1(d)(i) through 6.1(d)(xi). 

“Net Termination Loss” means, for any taxable period, (a) the sum, if negative, of all items of income, gain, loss or
deduction (determined in accordance with Section 5.5) that are recognized (i) after the Liquidation Date or (ii) upon the sale, exchange or other disposition of all or substantially all of the assets of the Partnership Group, taken as
a whole, in a single transaction or a series of related transactions (excluding any disposition to a member of the Partnership Group), or (b) the excess, if any, of the aggregate amount of Unrealized Loss over the aggregate amount of Unrealized
Gain deemed recognized by the Partnership pursuant to Section 5.5(d) on the date of a Revaluation Event; provided, however, items included in the determination of Net Termination Loss shall not include any items of income, gain or loss
specially allocated under Section 6.1(d)(i) through 6.1(d)(xi). 
 “Noncompensatory Option” has the meaning set forth
in Treasury Regulation Section 1.721-2(f). 
 “Nonrecourse Built-in Gain” means with respect to any Contributed
Properties or Adjusted Properties that are subject to a mortgage or pledge securing a Nonrecourse Liability, the amount of any taxable gain that would be allocated to the Partners pursuant to Section 6.2(b) if such properties were disposed of
in a taxable transaction in full satisfaction of such liabilities and for no other consideration. 
 “Nonrecourse
Deductions” means any and all items of loss, deduction or expenditure (including any expenditure described in Section 705(a)(2)(B) of the Code) that, in accordance with the principles of Treasury Regulation Section 1.704-2(b), are attributable to a Nonrecourse Liability. 
 “Nonrecourse
Liability” has the meaning set forth in Treasury Regulation Section 1.752-1(a)(2). 

“Notice of Election to Purchase” is defined in Section 15.1(b). 

“NSLP” means New Source Energy Partners L.P., a Delaware limited partnership. 

“NSLP GP” means New Source Energy GP, LLC, a Delaware limited liability company, the general partner of NSLP. 

  
 12 

 “NSLP Partnership Agreement” means the First Amended and Restated Agreement of
Limited Partnership of New Source Energy Partners L.P., dated as of February 13, 2013, as amended from time to time. 
 “NSLP
Partnership Group” means, collectively, NSLP and its subsidiaries. 
 “NSLP Revaluation Event” means a Revaluation
Event (as such term is defined in the NSLP Partnership Agreement) occurring with respect to NSLP. 
 “NSLP VWAP” is defined
in Section 5.10(a). 
 “Operating Expenditures” means all Partnership Group cash expenditures (or the Partnership’s
proportionate share of expenditures in the case of Subsidiaries that are not wholly owned), including taxes, reimbursements of expenses of the General Partner and its Affiliates, payments made in the ordinary course of business under any Hedge
Contracts, officer compensation, repayment of Working Capital Borrowings, debt service payments and Estimated Maintenance Capital Expenditures, subject to the following: 

(a) repayments of Working Capital Borrowings deducted from Operating Surplus pursuant to clause (b)(iii) of the definition of
“Operating Surplus” shall not constitute Operating Expenditures when actually repaid; 
 (b) payments (including prepayments
and prepayment penalties and the purchase price of debt repurchased and cancelled) of principal of and premium on indebtedness other than Working Capital Borrowings shall not constitute Operating Expenditures; 

(c) Operating Expenditures shall not include (i) Growth Capital Expenditures, (ii) actual Maintenance Capital Expenditures,
(iii) Investment Capital Expenditures, (iv) payment of transaction expenses (including taxes) relating to Interim Capital Transactions, (v) distributions to Partners, or (vi) repurchases of Partnership Interests, other than
repurchases of Partnership Interests to satisfy obligations under employee benefit plans, or reimbursements of expenses of the General Partner for such purchases; and 

(d) (i) payments made in connection with the initial purchase of any Hedge Contract shall be amortized over the life of such Hedge Contract and
(ii) payments made in connection with the termination of any Hedge Contract prior to its stipulated settlement or termination date shall be included in equal quarterly installments over what would have been the remaining scheduled term of such
Hedge Contract had it not been so terminated. 
 “Operating Surplus” means, with respect to any period ending prior to the
Liquidation Date, on a cumulative basis and without duplication, 
 (a) the sum of (i) all cash receipts of the Partnership Group (or
the Partnership’s proportionate share of cash receipts in the case of Subsidiaries that are not wholly owned) for the period beginning on the Closing Date and ending on the last day of such period, but excluding cash receipts from Interim
Capital Transactions and provided that cash receipts from the termination of any Hedge Contract prior to its stipulated settlement or termination date shall be included in equal quarterly installments over what would have been the remaining
scheduled life 

  
 13 

 
of such Hedge Contract had it not been so terminated, (ii) all cash receipts of the Partnership Group (or the Partnership’s proportionate share of cash receipts in the case of
Subsidiaries that are not wholly owned) after the end of such period but on or before the date of determination of Operating Surplus with respect to such period resulting from Working Capital Borrowings, and (iii) the amount of cash
distributions paid (including incremental Class B Distributions) in respect of equity issued, to finance all or a portion of the construction, acquisition or improvement of a Capital Improvement or a replacement capital asset and paid in respect of
the period beginning on the date that the Group Member enters into a binding obligation to commence the construction, acquisition or improvement of a Capital Improvement or a replacement capital asset and ending on the earlier to occur of the date
that such Capital Improvement or replacement capital asset Commences Commercial Service and the date that it is abandoned or disposed of (equity issued to fund the construction period interest payments on debt incurred, or construction period
distributions on equity issued, to finance the construction, acquisition or improvement of a Capital Improvement or a replacement capital asset shall also be deemed to be equity issued to finance the construction, acquisition or improvement of a
Capital Improvement or a replacement capital asset for purposes of this clause (iii)), less 
 (b) the sum of (i) Operating Expenditures
for the period beginning on the Closing Date and ending on the last day of such period; (ii) the amount of cash reserves established by the General Partner (or the Partnership’s proportionate share of cash reserves in the case of
Subsidiaries that are not wholly owned) to provide funds for future Operating Expenditures; (iii) all Working Capital Borrowings not repaid within twelve (12) months after having been incurred and (iv) any cash loss realized on
disposition of an Investment Capital Expenditure; 
 provided, however, that the General Partner’s estimates of disbursements made (including
contributions to a Group Member or disbursements on behalf of a Group Member), cash received or cash reserves established, increased or reduced after the end of such period but on or before the date on which cash or cash equivalents will be
distributed with respect to such period shall be deemed to have been made, received, established, increased or reduced, for purposes of determining Operating Surplus, within such period if the General Partner so determines. 

Notwithstanding the foregoing, “Operating Surplus” with respect to the Quarter in which the Liquidation Date occurs
and any subsequent Quarter shall equal zero. Cash receipts from an Investment Capital Expenditure shall be treated as cash receipts only to the extent they are a return on principal, but in no event shall a return of principal be treated as cash
receipts. 
 “Opinion of Counsel” means a written opinion of counsel (who may be regular counsel to the Partnership
or the General Partner or any of its Affiliates) acceptable to the General Partner. 
 “Organizational Limited Partner”
means MCE LLC, in its capacity as the organizational limited partner of the Partnership pursuant to this Agreement. 
 “Original
Holders” means (i) the natural person Kristian B. Kos; (ii) the natural person Dikran Tourian; and (iii) any corporation, limited liability company, partnership or other entity that is wholly owned by one of the persons in
clauses (i) or (ii) above. 

  
 14 

 “Outstanding” means, with respect to Partnership Interests, all Partnership
Interests that are issued by the Partnership and reflected as outstanding on the Partnership’s books and records as of the date of determination. 

“Partner Nonrecourse Debt” has the meaning set forth in Treasury Regulation Section 1.704-2(b)(4). 

“Partner Nonrecourse Debt Minimum Gain” has the meaning set forth in Treasury Regulation Section 1.704-2(i)(2). 

“Partner Nonrecourse Deductions” means any and all items of loss, deduction or expenditure (including any expenditure
described in Section 705(a)(2)(B) of the Code) that, in accordance with the principles of Treasury Regulation Section 1.704-2(i), are attributable to a Partner Nonrecourse Debt. 

“Partners” means the General Partner and the Limited Partners. 

“Partnership” means MCE, LP, a Delaware limited partnership. 

“Partnership Group” means, collectively, the Partnership and its Subsidiaries. 

“Partnership Interest” means any class or series of equity interest in the Partnership, which shall include any General
Partner Interest and Limited Partner Interests, but shall exclude Derivative Instruments. 
 “Partnership Minimum Gain”
means that amount determined in accordance with the principles of Treasury Regulation Sections 1.704-2(b)(2) and 1.704-2(d). 

“Percentage Interest” means as of any date of determination, as to any Unitholder with respect to Units, the product obtained
by multiplying (i) 100% by (ii) the quotient obtained by dividing the number of Units held by such Unitholder by the total number of Outstanding Units. The Percentage Interest with respect to both (x) a Class B Unit (y) the
General Partner Interest shall at all times be zero. 
 “Person” means an individual or a corporation, firm, limited
liability company, partnership, joint venture, trust, unincorporated organization, association, government agency or political subdivision thereof or other entity. 

“Per Unit Capital Amount” means, as of any date of determination, the Capital Account, stated on a per Unit basis, underlying
any class of Units held by a Person other than the General Partner or any Affiliate of the General Partner who holds Units. 
 “Pro
Rata” means (a) when used with respect to Units or any class thereof, apportioned equally among all designated Units in accordance with their relative Percentage Interests, (b) when used with respect to Partners or Record Holders,
apportioned among all Partners or Record Holders in accordance with their relative Percentage Interests and (c) when used with respect to holders of Class B Units, apportioned equally among all holders of Class B Units in accordance with the
relative number or percentage of Class B Units held by each such holder. 

  
 15 

 “Quarter” means, unless the context requires otherwise, a fiscal quarter of the
Partnership, or, with respect to the fiscal quarter of the Partnership in which the Closing Date occurs, the portion of such fiscal quarter after the Closing Date. 

“Recapture Income” means any gain recognized by the Partnership (computed without regard to any adjustment required by
Section 734 or Section 743 of the Code) upon the disposition of any property or asset of the Partnership, which gain is characterized as ordinary income because it represents the recapture of deductions previously taken with respect to
such property or asset. 
 “Record Date” means the date established by the General Partner or otherwise in accordance with
this Agreement for determining the identity of Record Holders entitled to receive any report or distribution or to participate in any offer. 

“Record Holder” means (a) with respect to any class of Partnership Interests for which a Transfer Agent has been
appointed, the Person in whose name a Partnership Interest of such class is registered on the books of the Transfer Agent as of the closing of business on a particular Business Day, or (b) with respect to other classes of Partnership Interests,
the Person in whose name any such other Partnership Interest is registered on the books that the General Partner has caused to be kept as of the closing of business on such Business Day. 

“Redeemable Interests” means any Partnership Interests for which a redemption notice has been given, and has not been
withdrawn, pursuant to Section 4.9(a). 
 “Remaining Net Positive Adjustments” means as of the end of any taxable period,
(i) with respect to the Unitholders holding Class A Units or Class B Units, the excess of (a) the Net Positive Adjustments of the Unitholders holding Class A Units or Class B Units as of the end of such period over (b) the
sum of those Partners’ Share of Additional Book Basis Derivative Items for each prior taxable period and (ii) with respect to the holders of Class B Units, the excess of (a) the Net Positive Adjustments of the holders of Class B Units
as of the end of such period over (b) the sum of the Share of Additional Book Basis Derivative Items of the holders of the Class B Units for each prior taxable period. 

“Required Allocations” means any allocation of an item of income, gain, loss or deduction, pursuant to Section 6.1
(d)(i), Section 6.1(d)(ii), Section 6.1(d)(iv), Section 6.1(d)(v), Section 6.1(d)(vi), Section 6.1(d)(vii) or Section 6.1(d)(ix). 

“Revaluation Event” means an event that results in an adjustment of the Carrying Value of each Partnership property pursuant
to Section 5.5(d). 
 “Reset Cash Flow” is defined in Section 5.10(a). 

“Reset Consideration” is defined in Section 5.10(a). 

“Reset Election” is defined in Section 5.10(a). 

“Reset Election Notice” is defined in Section 5.10(b). 

  
 16 

 “Reset Election Units” is defined in Section 5.10(b). 

“Reset MQD” is defined in Section 5.10(e). 

“Second Target Distribution” means $19,775.60 per Unit per Quarter (or, with respect to periods of less than a full fiscal
quarter, it means the product of such amount multiplied by a fraction of which the numerator is the number of days in such period, and the denominator is the total number of days in such fiscal quarter), subject to adjustment in accordance with
Sections 5.3 5.10, 6.6 and 6.7. 
 “Securities Act” means the Securities Act of 1933, as amended, supplemented or
restated from time to time and any successor to such statute. 
 “Securities Exchange Act” means the Securities Exchange
Act of 1934, as amended, supplemented or restated from time to time and any successor to such statute. 
 “Share of Additional Book
Basis Derivative Items” means in connection with any allocation of Additional Book Basis Derivative Items for any taxable period, (i) with respect to the Unitholders holding Class A Units or Class B Units, the amount that bears
the same ratio to such Additional Book Basis Derivative Items as the Unitholders’ Remaining Net Positive Adjustments as of the end of such taxable period bears to the Aggregate Remaining Net Positive Adjustments as of that time and
(ii) with respect to the Partners holding Class B Units, the amount that bears the same ratio to such Additional Book Basis Derivative Items as the Remaining Net Positive Adjustments of the Partners holding the Class B Units as of the end of
such period bears to the Aggregate Remaining Net Positive Adjustments as of that time. 
 “Signature” means Signature
Investments, LLC, an Oklahoma limited liability company. 
 “Special Approval” means approval by a majority of the members
of the Conflicts Committee or, if the Conflicts Committee has only one member, the sole member of the Conflicts Committee. 

“Subsidiary” means, with respect to any Person, (a) a corporation of which more than 50% of the voting power of shares
entitled (without regard to the occurrence of any contingency) to vote in the election of directors or other governing body of such corporation is owned, directly or indirectly, at the date of determination, by such Person, by one or more
Subsidiaries of such Person or a combination thereof, (b) a partnership (whether general or limited) in which such Person or a Subsidiary of such Person is, at the date of determination, a general partner of such partnership, but only if such
Person, directly or by one or more Subsidiaries of such Person, or a combination thereof, controls such partnership at the date of determination, or (c) any other Person in which such Person, one or more Subsidiaries of such Person, or a
combination thereof, directly or indirectly, at the date of determination, has (i) at least a majority ownership interest or (ii) the power to elect or direct the election of a majority of the directors or other governing body of such
Person. 
 “Surviving Business Entity” is defined in Section 14.2(b)(ii). 

  
 17 

 “Target Distribution” means each of the Minimum Quarterly Distribution, the
First Target Distribution, the Second Target Distribution and the Third Target Distribution. 
 “Third Target Distribution”
means $23,730.72 per Unit per Quarter (or, with respect to periods of less than a full fiscal quarter, it means the product of such amount multiplied by a fraction of which the numerator is the number of days in such period, and the denominator is
the total number of days in such fiscal quarter), subject to adjustment in accordance with Sections 5.3, 5.10, 6.6 and 6.7. 

“Trading Day” means, for the purpose of determining the Current Market Price of any class of Limited Partner Interests, a day
on which the principal National Securities Exchange on which such class of Limited Partner Interests is listed or admitted to trading is open for the transaction of business or, if Limited Partner Interests of a class are not listed or admitted to
trading on any National Securities Exchange, a day on which banking institutions in New York City generally are open. 

“transfer” is defined in Section 4.4(a). 

“Transfer Agent” means such bank, trust company or other Person (including the General Partner or one of its Affiliates) as
may be appointed from time to time by the Partnership to act as registrar and transfer agent for any class of Partnership Interests; provided, that if no Transfer Agent is specifically designated for any class of Partnership Interests, the General
Partner shall act in such capacity. 
 “Unit” means a Partnership Interest that is designated as a “Unit” and
shall include Class A Units, but shall not include Class B Units. 
 “Unitholders” means the holders of Units. 

“Unit Majority” means at least a majority of the Outstanding Class A Units. 

“Unpaid MQD” is defined in Section 6.1(c)(i)(B). 

“Unrealized Gain” attributable to any item of Partnership property means, as of any date of determination, the excess, if
any, of (a) the fair market value of such property as of such date (as determined under Section 5.5(d)) over (b) the Carrying Value of such property as of such date (prior to any adjustment to be made pursuant to Section 5.5(d)
as of such date). 
 “Unrealized Loss” attributable to any item of Partnership property means, as of any date of
determination, the excess, if any, of (a) the Carrying Value of such property as of such date (prior to any adjustment to be made pursuant to Section 5.5(d) as of such date) over (b) the fair market value of such property as of such
date (as determined under Section 5.5(d)). 
 “Unrecovered Initial Unit Price” means at any time, with respect to a Unit,
the Initial Unit Price less the sum of all distributions constituting Capital Surplus theretofore made in respect of an Initial Class A Unit and any distributions of cash (or the Net Agreed Value of any distributions in kind) in connection with
the dissolution and liquidation of the Partnership theretofore made in respect of an Initial Class A Unit, adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision, or combination of such
Units. 

  
 18 

 “Unrestricted Person” means (a) each Indemnitee, (b) each Partner,
(c) each Person who is or was a member, partner, director, officer, employee or agent of any Group Member, a General Partner or any Departing General Partner or any Affiliate of any Group Member, a General Partner or any Departing General
Partner and (d) any Person the General Partner designates as an “Unrestricted Person” for purposes of this Agreement. 

“U.S. GAAP” means United States generally accepted accounting principles, as in effect from time to time, consistently
applied. 
 “Withdrawal Opinion of Counsel” is defined in Section 11.1(b). 

“Working Capital Borrowings” means borrowings used solely for working capital purposes or to pay distributions to Partners,
made pursuant to a credit facility, commercial paper facility or other similar financing arrangement; provided that when incurred it is the intent of the borrower to repay such borrowings within 12 months from sources other than additional Working
Capital Borrowings. 
 Section 1.2 Construction. Unless the context requires otherwise: (a) any pronoun used in this
Agreement shall include the corresponding masculine, feminine or neuter forms; (b) references to Articles and Sections refer to Articles and Sections of this Agreement; (c) the terms “include”, “includes”,
“including” and words of like import shall be deemed to be followed by the words “without limitation”; and (d) the terms “hereof”, “herein” and “hereunder” refer to this Agreement as a whole and
not to any particular provision of this Agreement. The table of contents and headings contained in this Agreement are for reference purposes only, and shall not affect in any way the meaning or interpretation of this Agreement. 

ARTICLE II 

ORGANIZATION 

Section 2.1 Formation. The General Partner and the Organizational Limited Partner have previously formed the Partnership as a
limited partnership pursuant to the provisions of the Delaware Act. This amendment and restatement shall become effective on the date of this Agreement. Except as expressly provided to the contrary in this Agreement, the rights, duties (including
fiduciary duties), liabilities and obligations of the Partners and the administration, dissolution and termination of the Partnership shall be governed by the Delaware Act. 

Section 2.2 Name. The name of the Partnership shall be “MCE, LP” The Partnership’s business may be conducted under
any other name or names as determined by the General Partner, including the name of the General Partner. The words “Limited Partnership,” “LP,” “Ltd.” or similar words or letters shall be included in the
Partnership’s name where necessary for the purpose of complying with the laws of any jurisdiction that so requires. The General Partner may change the name of the Partnership at any time and from time to time and shall notify the Limited
Partners of such change in the next regular communication to the Limited Partners. 

  
 19 

 Section 2.3 Registered Office; Registered Agent; Principal Office; Other Offices.
Unless and until changed by the General Partner, the registered office of the Partnership in the State of Delaware shall be located at National Registered Agents, Inc., 160 Greentree Drive, Suite 101, Dover, Delaware, 19904, and the registered agent
for service of process on the Partnership in the State of Delaware at such registered office shall be National Registered Agents, Inc. The principal office of the Partnership shall be located at 727 N Morgan Road, Oklahoma City, OK 73127, or such
other place as the General Partner may from time to time designate by notice to the Limited Partners. The Partnership may maintain offices at such other place or places within or outside the State of Delaware as the General Partner determines to be
necessary or appropriate. The address of the General Partner shall be 727 N Morgan Road, Oklahoma City, OK 73127, or such other place as the General Partner may from time to time designate by notice to the Limited Partners. 

Section 2.4 Purpose and Business. The purpose and nature of the business to be conducted by the Partnership shall be to
(a) engage directly in, or enter into or form, hold and dispose of any corporation, partnership, joint venture, limited liability company or other arrangement to engage indirectly in, any business activity that is approved by the General
Partner, in its sole discretion, and that lawfully may be conducted by a limited partnership organized pursuant to the Delaware Act and, in connection therewith, to exercise all of the rights and powers conferred upon the Partnership pursuant to the
agreements relating to such business activity, and (b) do anything necessary or appropriate to the foregoing, including the making of capital contributions or loans to a Group Member; provided, however, that the General Partner shall not
cause the Partnership to engage, directly or indirectly, in any business activity that the General Partner determines would be reasonably likely to cause the Partnership to be treated as an association taxable as a corporation or otherwise taxable
as an entity for U.S. federal income tax purposes. To the fullest extent permitted by law, the General Partner shall have no duty or obligation to propose or approve, and may, in its sole discretion, decline to propose or approve, the conduct by the
Partnership of any business. 
 Section 2.5 Powers. The Partnership shall be empowered to do any and all acts and things
necessary, appropriate, proper, advisable, incidental to or convenient for the furtherance and accomplishment of the purposes and business described in Section 2.4 and for the protection and benefit of the Partnership. 

Section 2.6 Term. The term of the Partnership commenced upon the filing of the Certificate of Limited Partnership in accordance
with the Delaware Act and shall continue in existence until the dissolution of the Partnership in accordance with the provisions of Article XII. The existence of the Partnership as a separate legal entity shall continue until the cancellation of the
Certificate of Limited Partnership as provided in the Delaware Act. 
 Section 2.7 Title to Partnership Assets. Title to
Partnership assets, whether real, personal or mixed and whether tangible or intangible, shall be deemed to be owned by the Partnership as an entity, and no Partner, individually or collectively, shall have any ownership interest in such Partnership
assets or any portion thereof. Title to any or all of the Partnership assets may be held in the name of the Partnership, the General Partner, one or more of its Affiliates or one or more nominees, as the General Partner may determine. The General
Partner hereby declares and warrants that any Partnership assets for which record title is held in the name 

  
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of the General Partner or one or more of its Affiliates or one or more nominees shall be held by the General Partner or such Affiliate or nominee for the use and benefit of the Partnership in
accordance with the provisions of this Agreement; provided, however, that the General Partner shall use reasonable efforts to cause record title to such assets (other than those assets in respect of which the General Partner determines that
the expense and difficulty of conveyancing makes transfer of record title to the Partnership impracticable) to be vested in the Partnership or one or more of the Partnership’s designated Affiliates as soon as reasonably practicable;
provided, further, that, prior to the withdrawal or removal of the General Partner or as soon thereafter as practicable, the General Partner shall use reasonable efforts to effect the transfer of record title to the Partnership and, prior to
any such transfer, will provide for the use of such assets in a manner satisfactory to the General Partner. All Partnership assets shall be recorded as the property of the Partnership in its books and records, irrespective of the name in which
record title to such Partnership assets is held. 
 ARTICLE III 

RIGHTS OF LIMITED PARTNERS 

Section 3.1 Limitation of Liability. The Limited Partners shall have no liability under this Agreement except as expressly
provided in this Agreement or the Delaware Act. 
 Section 3.2 Management of Business. No Limited Partner, in its capacity as
such, shall participate in the operation, management or control (within the meaning of the Delaware Act) of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise
bind the Partnership. All actions taken by any Affiliate of the General Partner or any officer, director, employee, manager, member, general partner, agent or trustee of the General Partner or any of its Affiliates, or any officer, director,
employee, manager, member, general partner, agent or trustee of a Group Member, in its capacity as such, shall not be deemed to be participating in the control of the business of the Partnership by a limited partner of the Partnership (within the
meaning of Section 17-303(a) of the Delaware Act) and shall not affect, impair or eliminate the limitations on the liability of the Limited Partners under this Agreement. 

Section 3.3 Outside Activities of the Limited Partners. Subject to the provisions of Section 7.6, which shall continue to be
applicable to the Persons referred to therein, regardless of whether such Persons shall also be Limited Partners, each Limited Partner shall be entitled to and may have business interests and engage in business activities in addition to those
relating to the Partnership, including business interests and activities in direct competition with the Partnership Group. Neither the Partnership nor any of the other Partners shall have any rights by virtue of this Agreement in any business
ventures of any Limited Partner. 
 Section 3.4 Rights of Limited Partners. 

(a) The Limited Partners will not be personally liable for any obligations of the Partnership nor will they have any obligation to make
contributions to the Partnership in excess of their respective Capital Contributions required under Section 5.2 or have any liability for the repayment or discharge of the debts and obligations of the Partnership except to the extent

  
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provided herein or as required by law. The Limited Partners in their capacities as such shall take no part in the management, control or operation of the Partnership’s business and shall
have no power to bind the Partnership and no right or authority to act for the Partnership or to vote on matters other than the matters set forth in this Agreement or as required by applicable law. 

(b) Each Limited Partner shall have the right, for a purpose that is reasonably related, as determined by the General Partner, to such Limited
Partner’s interest as a Limited Partner in the Partnership, upon reasonable written demand stating the purpose of such demand and at such Limited Partner’s own expense, to obtain: 

(i) true and full information regarding the status of the business and financial condition of the Partnership (provided that the requirements
of this Section 3.4(a)(i) shall be satisfied if the Limited Partner is furnished the Partnership’s most recent annual report and any subsequent periodic reports required to be filed (or which would be required to be filed if the
Partnership had any class of equity securities registered under the Securities Exchange Act) with the Commission pursuant to Section 13 of the Securities Exchange Act); 

(ii) a current list of the name and last known business, residence or mailing address of each Record Holder; and 

(iii) a copy of this Agreement and the Certificate of Limited Partnership and all amendments thereto, together with copies of the executed
copies of all powers of attorney pursuant to which this Agreement, the Certificate of Limited Partnership and all amendments thereto have been executed. 

(c) The rights to information granted to each of the Limited Partners pursuant to Section 3.4(b) replace in their entirety any rights to
information provided for in Section 17-305(a) of the Delaware Act and each of the Partners and each other Person or Group who acquires an interest in Partnership Interests hereby agrees to the fullest
extent permitted by law that they do not have any rights as Partners to receive any information either pursuant to Sections 17-305(a) of the Delaware Act or otherwise except for the information identified in Section 3.4(b). 

(d) Notwithstanding any other provision of this Agreement or Section 17-305 of the Delaware Act, each of the Partners, each other Person
who acquires an interest in a Partnership Interest and each other Person bound by this Agreement hereby agrees to the fullest extent permitted by law that they do not have rights to receive information from the Partnership or any Indemnitee for the
purpose of determining whether to pursue litigation or assist in pending litigation against the Partnership or any Indemnitee relating to the affairs of the Partnership except pursuant to the applicable rules of discovery relating to litigation
commenced by such Person. 

  
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 ARTICLE IV 

CERTIFICATES; RECORD HOLDERS; TRANSFER OF PARTNERSHIP INTERESTS; REDEMPTION OF PARTNERSHIP INTERESTS 

Section 4.1 Certificates. Notwithstanding anything to the contrary herein, unless the General Partner shall determine otherwise in
respect of some or all of any or all classes of Partnership Interests, Partnership Interests shall not be evidenced by certificates. Certificates that may be issued shall be executed on behalf of the Partnership by the Chairman of the Board,
President, the Chief Executive Officer or any Senior Vice President or Vice President and the Chief Financial Officer or the Secretary or any Assistant Secretary of the General Partner. No Certificate for a class of Partnership Interests shall be
valid for any purpose until it has been countersigned by the Transfer Agent for such class of Partnership Interests, if any; provided, however, that if the General Partner elects to cause the Partnership to issue Partnership Interests of such
class in global form, the Certificate shall be valid upon receipt of a certificate from the Transfer Agent certifying that the Partnership Interests have been duly registered in accordance with the directions of the Partnership. 

Section 4.2 Mutilated, Destroyed, Lost or Stolen Certificates. 

(a) If any mutilated Certificate is surrendered to the Transfer Agent, the appropriate officers of the General Partner on behalf of the
Partnership shall execute, and the Transfer Agent shall countersign and deliver in exchange therefor, a new Certificate evidencing the same number and type of Partnership Interests as the Certificate so surrendered. 

(b) The appropriate officers of the General Partner on behalf of the Partnership shall execute and deliver, and the Transfer Agent shall
countersign, a new Certificate in place of any Certificate previously issued, if the Record Holder of the Certificate: 
 (i) makes proof by
affidavit, in form and substance satisfactory to the General Partner, that a previously issued Certificate has been lost, destroyed or stolen; 

(ii) requests the issuance of a new Certificate before the General Partner has notice that the Certificate has been acquired by a purchaser for
value in good faith and without notice of an adverse claim; 
 (iii) if requested by the General Partner, delivers to the General Partner a
bond, in form and substance satisfactory to the General Partner, with surety or sureties and with fixed or open penalty as the General Partner may direct to indemnify the Partnership, the Partners, the General Partner and the Transfer Agent against
any claim that may be made on account of the alleged loss, destruction or theft of the Certificate; and 
 (iv) satisfies any other
reasonable requirements imposed by the General Partner or the Transfer Agent. 
 If a Limited Partner fails to notify the General Partner
within a reasonable period of time after such Limited Partner has notice of the loss, destruction or theft of a Certificate, and a transfer of the Limited Partner Interests represented by the Certificate is registered before the

  
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Partnership, the General Partner or the Transfer Agent receives such notification, the Limited Partner shall be precluded from making any claim against the Partnership, the General Partner or the
Transfer Agent for such transfer or for a new Certificate. 
 (c) As a condition to the issuance of any new Certificate under this
Section 4.2, the General Partner may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Transfer Agent)
reasonably connected therewith. 
 Section 4.3 Record Holders. The Partnership shall be entitled to recognize the Record Holder
as the Partner with respect to any Partnership Interest and, accordingly, shall not be bound to recognize any equitable or other claim to, or interest in, such Partnership Interest on the part of any other Person, regardless of whether the
Partnership shall have actual or other notice thereof, except as otherwise provided by law or any applicable rule, regulation, guideline or requirement of any National Securities Exchange on which such Partnership Interests are listed or admitted to
trading. Without limiting the foregoing, when a Person (such as a broker, dealer, bank, trust company or clearing corporation or an agent of any of the foregoing) is acting as nominee, agent or in some other representative capacity for another
Person in acquiring and/or holding Partnership Interests, as between the Partnership on the one hand, and such other Persons on the other, such representative Person shall be (a) the Record Holder of such Partnership Interest and (b) bound
by this Agreement and shall have the rights and obligations of a Partner hereunder as, and to the extent, provided herein. 

Section 4.4 Transfer Generally. 

(a) The term “transfer,” when used in this Agreement with respect to a Partnership Interest, shall mean a transaction (i) by
which the General Partner assigns its General Partner Interest to another Person, and includes a sale, assignment, gift, pledge, encumbrance, hypothecation, mortgage, exchange or any other disposition by law or otherwise or (ii) by which the
holder of a Limited Partner Interest assigns such Limited Partner Interest to another Person who is or becomes a Limited Partner, and includes a sale, assignment, gift, exchange or any other disposition by law or otherwise, excluding a pledge,
encumbrance, hypothecation or mortgage but including any transfer upon foreclosure of any pledge, encumbrance, hypothecation or mortgage. 

(b) No Partnership Interest shall be transferred, in whole or in part, except in accordance with the terms and conditions set forth in this
Article IV. Any transfer or purported transfer of a Partnership Interest not made in accordance with this Article IV shall be, to the fullest extent permitted by law, null and void. 

(c) Nothing contained in this Agreement shall be construed to prevent a disposition by any stockholder, member, partner or other owner of any
Partner of any or all of the shares of stock, membership interests, partnership interests or other ownership interests in such Partner and the term “transfer” shall not mean any such disposition. 

  
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 Section 4.5 Registration and Transfer of Limited Partner Interests. 

(a) The General Partner shall keep or cause to be kept on behalf of the Partnership a register in which, subject to such reasonable regulations
as it may prescribe and subject to the provisions of Section 4.5(b), the Partnership will provide for the registration and transfer of Limited Partner Interests. 

(b) The Partnership shall not recognize any transfer of Limited Partner Interests evidenced by Certificates until the Certificates evidencing
such Limited Partner Interests are surrendered for registration of transfer. No charge shall be imposed by the General Partner for such transfer; provided, that as a condition to the issuance of any new Certificate under this
Section 4.5, the General Partner may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed with respect thereto. Upon surrender of a Certificate for registration of transfer of any Limited
Partner Interests evidenced by a Certificate, and subject to the provisions hereof, the appropriate officers of the General Partner on behalf of the Partnership shall execute and deliver, and in the case of Certificates evidencing Limited Partner
Interests, the Transfer Agent shall countersign and deliver, in the name of the holder or the designated transferee or transferees, as required pursuant to the holder’s instructions, one or more new Certificates evidencing the same aggregate
number and type of Limited Partner Interests as was evidenced by the Certificate so surrendered. 
 (c) By acceptance of the transfer of any
Limited Partner Interests in accordance with this Section 4.5 and except as provided in Section 4.8, each transferee of a Limited Partner Interest (including any nominee holder or an agent or representative acquiring such Limited Partner
Interests for the account of another Person) acknowledges and agrees to the provisions of Section 10.1(a). 
 (d) Subject to
(i) the foregoing provisions of this Section 4.5, (ii) Section 4.3, (iii) Section 4.7, (iv) with respect to any class or series of Limited Partner Interests, the provisions of any statement of designations or an
amendment to this Agreement establishing such class or series, (v) any contractual provisions binding on any Limited Partner and (vi) provisions of applicable law including the Securities Act, Limited Partner Interests shall be freely
transferable. 
 Section 4.6 Transfer of the General Partner’s General Partner Interest. The General Partner may at its
option transfer all or any part of its General Partner Interest with the approval of NSLP and the holders of a majority of the Class B Units. 

Section 4.7 Restrictions on Transfers. 

(a) Notwithstanding the other provisions of this Article IV, no transfer of any Partnership Interests shall be made if such transfer would
(i) violate the then applicable federal or state securities laws or rules and regulations of the Commission, any state securities commission or any other governmental authority with jurisdiction over such transfer or (ii) terminate the
existence or qualification of the Partnership under the laws of the jurisdiction of its formation. 

  
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 (b) In the event that (i) NSLP elects to transfer all of the outstanding Class A Units
in a single transaction or series of transactions, (ii) the General Partner elects to transfer all or substantially all of the assets to the Partnership in a single transaction or series of transactions, or (iii) the General Partner elects
to dissolve the Partnership pursuant to Section 11.1(a), the holders of Class B Units shall be deemed to deliver a Reset Election Notice pursuant to Section 5.10, and such Reset Election Notice shall be deemed to have satisfied all
conditions precedent to a Reset Election within Section 5.10. Following the delivery of a Reset Election Notice in accordance with this Section 4.7(b), the Class B Units shall be cancelled by the Partnership and no longer Outstanding. NSLP
shall not be permitted to transfer less than all of its Class A Units, and any attempt to transfer of less than all of its Class A Units shall be deemed void ab initio. Notwithstanding the preceding sentence, NSLP shall be permitted
to pledge the Class A Units as collateral under its revolving credit agreement in effect on the Closing Date, as the same may be amended or restated from time to time. 

(c) In the event a tender offer, share exchange offer, issuer bid, take-over bid, recapitalization or similar transaction, other than a spinoff
of the Partnership into a new publicly traded partnership, with respect to NSLP common units is proposed by NSLP or is proposed to NSLP or its partners and approved by the board of directors of the NSLP GP or is otherwise effected or to be effected
with the consent or approval of the board of directors of NSLP GP, the holders of Class B Units shall be permitted to participate in such transaction by delivery of a Reset Election Notice pursuant to Section 5.10, and such Reset Election
Notice shall be deemed to have satisfied all conditions precedent to a Reset Election within Section 5.10. Following the delivery of a Reset Election Notice in accordance with this Section 4.7(c), the Class B Units shall be cancelled by
the Partnership and no longer Outstanding. 
 (d) NSLP, upon the approval of the Conflicts Committee, may elect to spin off the Partnership
into a new publicly traded partnership, provided, however, that in any such spin off transaction, the Class B Units shall be converted into customary incentive distribution rights that provide the holders of Class B Units with equivalent
economic incentives, as determined in the reasonable discretion of the holders of Class B Units. 
 (e) An Original Holder may not transfer
Class B Units other than (a) to such Original Holder’s spouse, lineal descendant or other legal heir, by probate or intestate succession, (b) in connection with a spinoff transaction pursuant to Section 4.7(c) or (c) to
another Original Holder. A holder of Class B Units that is transferred Class B Units pursuant to clause (a) of the preceding sentence may not transfer Class B Units other than (a) in connection with a spinoff transaction pursuant to
Section 4.7(c) or (b) to an Original Holder. 
 ARTICLE V 

CAPITAL CONTRIBUTIONS AND ISSUANCE OF PARTNERSHIP INTERESTS 

Section 5.1 Organizational Contributions. In connection with the formation of the Partnership under the Delaware Act, the General
Partner has been admitted as the General Partner of the Partnership. The Organizational Limited Partner made an initial Capital Contribution to the Partnership in the amount of $1,000.00 in exchange for a Limited Partner Interest equal to a 100%
Percentage Interest and has been admitted as a Limited Partner of the 

  
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Partnership. As of the Closing Date, and effective with the admission of other Limited Partners to the Partnership, the interests of the Organizational Limited Partner will be redeemed and the
$1,000 initial Capital Contribution of the Organizational Limited Partner will be refunded. One-hundred percent of any interest or other profit that may have resulted from the investment or other use of such initial Capital Contribution will be
allocated and distributed to the Organizational Limited Partner. 
 Section 5.2 General Partner Interest. The General Partner
Interest is a non-economic interest and does not include any rights to profits or losses or any rights to receive distributions from operations or upon the liquidation or winding up of the Partnership. 

Section 5.3 Contributions by Initial Limited Partners. 

(a) Prior to the Closing Date, MCE LLC contributed to the Partnership, as a Capital Contribution, the Acquired Interests (as defined in the
Contribution Agreement) in exchange for the issuance of an initial limited partner interest to MCE LLC. Pursuant to the Contribution Agreement, MCE LLC has transferred and contributed such initial limited partner interest to NSLP on the Closing
Date, and such initial limited partner interest is being recapitalized pursuant to this Agreement into 100 Class A Units. 
 (b) As of
the Closing Date, the Partnership issued 50 Class B Units to Deylau and 50 Class B Units to Signature. 
 (c) If NSLP makes a Capital
Contribution to the Partnership, other than the Capital Contribution required by Section 8.05 of the Contribution Agreement, subsequent to the date hereof (an “Additional Contribution”), the Minimum Quarterly
Distribution shall be increased, beginning with respect to the Quarter following the Quarter during which the Additional Contribution is made, by an amount equal to 3.75% of the quotient of (x) the Additional Contribution and (y) the
number of Class A Units, and the First Target Distribution, Second Target Distribution and Third Target Distribution shall be increased proportionately to the Minimum Quarterly Distribution as so increased. 

Section 5.4 Interest and Withdrawal. No interest shall be paid by the Partnership on Capital Contributions. No Partner shall be
entitled to the withdrawal or return of its Capital Contribution, except to the extent, if any, that distributions made pursuant to this Agreement or upon liquidation of the Partnership may be considered as such by law and then only to the extent
provided for in this Agreement. Except to the extent expressly provided in this Agreement, no Partner shall have priority over any other Partner either as to the return of Capital Contributions or as to profits, losses or distributions. Any such
return shall be a compromise to which all Partners agree within the meaning of Section 17-502(b) of the Delaware Act. 

Section 5.5 Capital Accounts. 

(a) The Partnership shall maintain for each Partner (or a beneficial owner of Partnership Interests held by a nominee in any case in which the
nominee has furnished the identity of such owner to the Partnership in accordance with Section 6031(c) of the Code or any other method acceptable to the General Partner) owning a Partnership Interest a separate Capital Account with respect to
such Partnership Interest in accordance with the rules of Treasury 

  
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Regulation Section 1.704-1(b)(2)(iv). Such Capital Account shall be increased by (i) the amount of all Capital Contributions made to the
Partnership with respect to such Partnership Interest and (ii) all items of Partnership income and gain (including income and gain exempt from tax) computed in accordance with Section 5.5(b) and allocated with respect to such Partnership
Interest pursuant to Section 6.1, and decreased by (x) the amount of cash or Net Agreed Value of all actual and deemed distributions of cash or property made to the Partner with respect to such Partnership Interest and (y) all items
of Partnership deduction and loss computed in accordance with Section 5.5(b) and allocated with respect to such Partnership Interest pursuant to Section 6.1. The initial Capital Account with respect to a Class A Unit shall be
$398,085.62. The initial Capital Account with respect to a Class B Unit shall be zero. 
 (b) For purposes of computing the amount of any
item of income, gain, loss or deduction that is to be allocated pursuant to Article VI and is to be reflected in the Partners’ Capital Accounts, the determination, recognition and classification of any such item shall be the same as its
determination, recognition and classification for U.S. federal income tax purposes (including any method of depreciation, cost recovery or amortization used for that purpose), provided, that: 

(i) Solely for purposes of this Section 5.5, the Partnership shall be treated as owning directly its proportionate share (as determined by
the General Partner based upon the provisions of the applicable Group Member Agreement) of all property owned by (x) any other Group Member that is classified as a partnership for U.S. federal income tax purposes and (y) any other
partnership, limited liability company, unincorporated business or other entity classified as a partnership for U.S. federal income tax purposes of which a Group Member is, directly or indirectly, a partner, member or other equity holder. 

(ii) All fees and other expenses incurred by the Partnership to promote the sale of (or to sell) a Partnership Interest that can neither be
deducted nor amortized under Section 709 of the Code, if any, shall, for purposes of Capital Account maintenance, be treated as an item of deduction at the time such fees and other expenses are incurred and shall be allocated among the Partners
pursuant to Section 6.1. 
 (iii) The computation of all items of income, gain, loss and deduction shall be made (x) except as
otherwise provided in Treasury Regulation Section 1.704-1(b)(2)(iv)(m), without regard to any election under Section 754 of the Code that may be made by the Partnership, and (y) as to those
items described in Section 705(a)(1)(B) or 705(a)(2)(B) of the Code, without regard to the fact that such items are not includable in gross income or are neither currently deductible nor capitalized for U.S. federal income tax purposes. 

(iv) To the extent an adjustment to the adjusted tax basis of any Partnership asset pursuant to Section 734(b) of the Code (including
pursuant to Treasury Regulation Section 1.734-2(b)(1)) is required, pursuant to Treasury Regulation Section 1.704-1(b)(2)(iv)(m), to be taken into account in
determining Capital Accounts, the amount of such adjustment in the Capital Accounts shall be treated as an item of gain or loss. 
 (v) In
the event the Carrying Value of Partnership property is adjusted pursuant to Section 5.5(d), any Unrealized Gain resulting from such adjustment shall be treated as an item of gain and any Unrealized Loss resulting from such adjustment shall be
treated as an item of loss. 

  
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 (vi) Any income, gain or loss attributable to the taxable disposition of any Partnership property
shall be determined as if the adjusted basis of such property as of such date of disposition were equal in amount to the property’s Carrying Value as of such date. 

(vii) Any deductions for depreciation, cost recovery or amortization attributable to any Contributed Property or Adjusted Property shall be
determined under the rules prescribed by Treasury Regulation Section 1.704-3(d)(2) as if the adjusted basis of such property were equal to the Carrying Value of such property immediately following such
adjustment. 
 (viii) The Gross Liability Value of each Liability of the Partnership described in Treasury Regulation
Section 1.752-7(b)(3)(i) shall be adjusted at such times as provided in this Agreement for an adjustment to Carrying Values. The amount of any such adjustment shall be treated for purposes hereof as an item of loss (if the adjustment increases
the Carrying Value of such Liability of the Partnership) or an item of gain (if the adjustment decreases the Carrying Value of such Liability of the Partnership). 

(c) A transferee of a Partnership Interest shall succeed to a pro rata portion of the Capital Account of the transferor relating to the
Partnership Interest so transferred. 
 (d) (i) Consistent with Treasury Regulation
Section 1.704-1(b)(2)(iv)(f) and 1.704-1(b)(2)(iv)(h)(2), on an issuance of additional Partnership Interests for cash or Contributed Property, the issuance of a
Noncompensatory Option, the issuance of Partnership Interests as consideration for the provision of services, the exchange of Class B Units for Reset Consideration pursuant to Section 5.10 or the occurrence of a NSLP Revaluation Event, the
Carrying Value of each Partnership property immediately prior to such issuance shall be adjusted upward or downward to reflect any Unrealized Gain or Unrealized Loss attributable to such Partnership property; provided, however, that in the
event of the issuance of a Partnership Interest pursuant to the exercise of a Noncompensatory Option where the right to share in Partnership capital represented by such Partnership Interest differs from the consideration paid to acquire and exercise
such option, the Carrying Value of each Partnership property immediately after the issuance of such Partnership Interest shall be adjusted upward or downward to reflect any Unrealized Gain or Unrealized Loss attributable to such Partnership property
and the Capital Accounts of the Partners shall be adjusted in a manner consistent with Treasury Regulation Section 1.704-1(b)(2)(iv)(s); provided further, however, that in the event of an issuance
of Partnership Interests for a de minimis amount of cash or Contributed Property, in the event of an issuance of a Noncompensatory Option to acquire a de minimis Partnership Interest, or in the event of an issuance of a de
minimis amount of Partnership Interests as consideration for the provision of services, the General Partner may determine that such adjustments are unnecessary for the proper administration of the Partnership. In determining such Unrealized Gain
or Unrealized Loss, the aggregate fair market value of all Partnership property (including cash or cash equivalents) immediately prior to the issuance of additional Partnership Interests (or, in the case of a Revaluation Event resulting from the
exercise of a Noncompensatory Option, immediately after the issuance of the Partnership Interest acquired pursuant to the exercise of such Noncompensatory Option) shall be determined by the General Partner using such method of

  
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valuation as it may adopt. In making its determination of the fair market values of individual properties, the General Partner may first determine an aggregate value for the assets of the
Partnership that takes into account the Event Issue Value for the Class A Units, the fair market value of all other Partnership Interests at such time, and the amount of Partnership Liabilities. The General Partner may allocate such aggregate
value among the individual properties of the Partnership (in such manner as it determines appropriate). Absent a contrary determination by the General Partner, the aggregate fair market value of all Partnership assets (including, without limitation,
cash or cash equivalents) immediately prior to a Revaluation Event shall be the value that would result in the Capital Account for each Class A Unit that is Outstanding prior to such Revaluation Event being equal to the Event Issue Value. 

(ii) In accordance with Treasury Regulation Section 1.704-1(b)(2)(iv)(f), immediately prior to any
actual or deemed distribution to a Partner of any Partnership property (other than a distribution of cash that is not in redemption or retirement of a Partnership Interest), the Carrying Value of all Partnership property shall be adjusted upward or
downward to reflect any Unrealized Gain or Unrealized Loss attributable to such Partnership property. In determining such Unrealized Gain or Unrealized Loss the aggregate fair market value of all Partnership property (including cash or cash
equivalents) immediately prior to a distribution shall (A) in the case of an actual or deemed distribution other than a distribution made pursuant to Section 11.3, be determined in the same manner as that provided in Section 5.5(d)(i)
or (B) in the case of a liquidating distribution pursuant to Section 12.4, be determined by the Liquidator using such method of valuation as it may adopt. 

Section 5.6 Issuances of Additional Partnership Interests and Derivative Instruments. 

(a) The Partnership may issue additional Partnership Interests and Derivative Instruments for any Partnership purpose at any time and from time
to time to such Persons for such consideration and on such terms and conditions as the General Partner shall determine, all without the approval of any Limited Partners; provided, however, that the issuance of any additional Partnership
Interests or Derivative Instruments shall not adversely affect the Class B Units as a whole in any material respect without the prior written consent of the holders of a majority of the Class B Units. In addition, notwithstanding any other provision
of this Agreement to the contrary, the Partnership may not issue any additional Class B Units or any Derivative Instrument relating to, convertible into or exchangeable for Class B Units, without the prior written consent of the holders of a
majority of the Class B Units. 
 (b) Each additional Partnership Interest authorized to be issued by the Partnership pursuant to
Section 5.6(a) may be issued in one or more classes, or one or more series of any such classes, with such designations, preferences, rights, powers and duties (which may be senior to existing classes and series of Partnership Interests), as
shall be fixed by the General Partner, including (i) the right to share in Partnership profits and losses or items thereof; (ii) the right to share in Partnership distributions; (iii) the rights upon dissolution and liquidation of the
Partnership; (iv) whether, and the terms and conditions upon which, the Partnership may or shall be required to redeem the Partnership Interest (including sinking fund provisions); (v) whether such Partnership Interest is issued with the
privilege of conversion or exchange and, if so, the terms and conditions of such conversion or exchange; (vi) the terms and conditions upon which each Partnership Interest will be issued, evidenced by Certificates and assigned or transferred;

  
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(vii) the method for determining the Percentage Interest as to such Partnership Interest; and (viii) the right, if any, of each such Partnership Interest to vote on Partnership matters,
including matters relating to the relative rights, preferences and privileges of such Partnership Interest. 
 (c) The General Partner shall
take all actions that it determines to be necessary or appropriate in connection with (i) each issuance of Partnership Interests and Derivative Instruments pursuant to this Section 5.6, (ii) reflecting admission of such additional
Limited Partners in the books and records of the Partnership as the Record Holders of such Limited Partner Interests and (iii) all additional issuances of Partnership Interests. The General Partner shall determine the relative rights, powers
and duties of the holders of the Units or other Partnership Interests being so issued. The General Partner shall do all things necessary to comply with the Delaware Act and is authorized and directed to do all things that it determines to be
necessary or appropriate in connection with any future issuance of Partnership Interests pursuant to the terms of this Agreement, including compliance with any statute, rule, regulation or guideline of any federal, state or other governmental agency
or any National Securities Exchange on which the Units or other Partnership Interests are listed or admitted to trading. 
 (d) No fractional
Units shall be issued by the Partnership. 
 Section 5.7 Limited Preemptive Right. No Person shall have any preemptive,
preferential or other similar right with respect to the issuance of any Partnership Interest, whether unissued, held in the treasury or hereafter created. 

Section 5.8 Splits and Combinations. 

(a) Subject to Section 5.8(d), the Partnership may make a Pro Rata distribution of Partnership Interests (other than Class B Units) to all
Record Holders (other than in respect of Class B Units) or may effect a subdivision or combination of Partnership Interests so long as, after any such event, each Partner shall have the same Percentage Interest in the Partnership as before such
event, and any amounts calculated on a per Unit basis or stated as a number of Units are proportionately adjusted retroactive to the beginning of the Partnership, including, without limitation, the Target Distributions. 

(b) Whenever such a distribution, subdivision or combination of Partnership Interests is declared, the General Partner shall select a Record
Date as of which the distribution, subdivision or combination shall be effective and shall send notice thereof at least 20 days prior to such Record Date to each Record Holder as of a date not less than 10 days prior to the date of such notice. The
General Partner also may cause a firm of independent public accountants selected by it to calculate the number of Partnership Interests to be held by each Record Holder after giving effect to such distribution, subdivision or combination. The
General Partner shall be entitled to rely on any certificate provided by such firm as conclusive evidence of the accuracy of such calculation. 

(c) Promptly following any such distribution, subdivision or combination, the Partnership may issue Certificates to the Record Holders of
Partnership Interests as of the applicable Record Date representing the new number of Partnership Interests held by such Record Holders, or the General Partner may adopt such other procedures that it determines to be

  
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necessary or appropriate to reflect such changes. If any such combination results in a smaller total number of Partnership Interests Outstanding, the Partnership shall require, as a condition to
the delivery to a Record Holder of such new Certificate, the surrender of any Certificate held by such Record Holder immediately prior to such Record Date. 

(d) The Partnership shall not issue fractional Units upon any distribution, subdivision or combination of Units. If a distribution, subdivision
or combination of Units would result in the issuance of fractional Units but for the provisions of Section 5.6(d) and this Section 5.8(d), each fractional Unit shall be rounded to the nearest whole Unit (and a 0.5 Unit shall be rounded to
the next higher Unit). 
 Section 5.9 Fully Paid and Non-Assessable Nature of Limited Partner Interests. All Limited Partner
Interests issued pursuant to, and in accordance with the requirements of, this Article V shall be fully paid and non-assessable Limited Partner Interests in the Partnership, except as such non-assessability may be affected by Section 17-607 or
17-804 of the Delaware Act. 
 Section 5.10 Reset Election and Reset Consideration. 

(a) Subject to the provisions of this Section 5.10, the holders of a majority of the Class B Units shall have the right, at any time when
the Partnership has made a distribution pursuant to Section 6.4(a)(v) for each of the four most recently completed Quarters, to make an election (the “Reset Election”) to reset the Minimum Quarterly Distribution. In the
event that the holders of Class B Units make a Reset Election, they shall receive consideration (the “Reset Consideration”) equal to (i) the quotient obtained by dividing (x) the lower of (1) the average of the
cash distributions made by the Partnership in respect of each Class B Unit for the two full Quarters immediately preceding the Reset Election and (2) the cash distribution made by the Partnership in respect of each Class B Unit for the full
Quarter immediately preceding the Reset Election (the “Reset Cash Flow”), by (y) the cash distribution made by NSLP in respect to its common units for the full Quarter immediately preceding the Reset Election, multiplied
by (ii) the volume weighted average trading price of NSLP common units for the twenty-day period prior to delivery of the notice in Section 5.10(c) below (the “NSLP VWAP”). The making of the Reset Election in the
manner specified in Section 5.10(b) shall cause the Target Distributions to be reset in accordance with the provisions of Section 5.10(e). The Reset Consideration may be satisfied in cash, NSLP common units (valued using the NSLP VWAP) or
a combination thereof in NSLP’s sole discretion. 
 (b) To exercise the Reset Election specified in Section 5.10(a), the holders of
a majority of the Class B Units shall deliver a written notice (the “Reset Election Notice”) to the Partnership and NSLP. Within 10 Business Days after the receipt by the Partnership and NSLP of such Reset Election Notice,
NSLP shall deliver a written notice to the holder or holders of the Class B Units of NSLP’s determination of the Reset Consideration and the manner in which NSLP intends to satisfy such Reset Consideration, including the aggregate number of
NSLP common units, if any, that each holder of Class B Units will be entitled to receive (the “Reset Election Units”). 

  
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 (c) The holder(s) of the Class B Units will be entitled to receive the Reset Consideration,
including any Reset Election Units, on the twentieth Business Day after receipt by NSLP of the Reset Election Notice; provided, however, that the issuance of Reset Election Units to the holder or holders of the Class B Units shall not occur
prior to the approval of the listing or admission for trading of such Reset Election Units by the principal National Securities Exchange upon which NSLP’s common units are then listed or admitted for trading if any such approval is required
pursuant to the rules and regulations of such National Securities Exchange. Notwithstanding the foregoing, NSLP shall be permitted to delay the delivery of such Reset Election Units for up to an additional 30 Business Days if it reasonably
determines such delay to be necessary in order to comply with insider trading rules, regulations and policies; provided, however, that in the event of any such delay that results in the Reset Election Units not being issued to the holder(s)
of Class B Units until after the next succeeding record date for NSLP’s quarterly cash distribution, the holder(s) of Class B Units shall be entitled to additional cash consideration in an amount equal to the aggregate cash distributions that
would have otherwise been paid with respect to the Reset Election Units. 
 (d) If the principal National Securities Exchange upon which the
NSLP common units are then traded has not approved the listing or admission for trading of the Reset Election Units to be issued pursuant to this Section 5.10 on or before the 20th Business
Day following the Partnership’s and NSLP’s receipt of the Reset Election Notice and such approval is required by the rules and regulations of such National Securities Exchange, then the holders of a majority of the Class B Units shall have
the right to either rescind the Reset Election or elect to receive the entirety of the Reset Consideration in cash. 
 (e) Following the
payment of the Reset Consideration, the Target Distributions shall be adjusted such that (i) the Minimum Quarterly Distribution shall be reset to be equal to the quotient of (x) the lesser of (1) the average Available Cash in the two
full Quarters prior to the Quarter during which the Reset Election is made and (2) the Available Cash with respect to the Quarter immediately preceding the Quarter during which the Reset Election is made, and (y) the number of Class A
Units that received a cash distribution with respect to such Quarter (such quotient, the “Reset MQD”), (ii) the First Target Distribution shall be reset to equal 115% of the Reset MQD, (iii) the Second Target
Distribution shall be reset to equal 125% of the Reset MQD and the Third Target Distribution shall be reset to equal 150% of the Reset MQD. 

(f) Upon the issuance of Reset Election Units pursuant to Section 5.10(a), NSLP, as the payor of the Reset Consideration, shall succeed to
the Capital Account maintained with respect to the Class B Units in accordance with Section 5.5(c); provided that such Capital Account will merge with and be added to the Capital Account maintained for NSLP in its capacity as the holder
of the Class A Units and in no event shall NSLP be treated as holding Class B Units as a result of its payment of the Reset Consideration. The Capital Account of the holders of Class B Units with respect to any NSLP common units received as
Reset Consideration shall be determined pursuant to the NSLP Partnership Agreement. 

  
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 ARTICLE VI 

ALLOCATIONS AND DISTRIBUTIONS 

Section 6.1 Allocations for Capital Account Purposes. For purposes of maintaining the Capital Accounts and in determining the
rights of the Partners among themselves, the Partnership’s items of income, gain, loss and deduction (computed in accordance with Section 5.5(b)) for each taxable period shall be allocated among the Partners as provided herein below. 

(a) Net Income. After giving effect to the special allocations set forth in Section 6.1(d), Net Income for each taxable period
(including a pro rata part of each item of income, gain, loss and deduction taken into account in computing Net Income for such taxable period) shall be allocated: 

(i) First, to the General Partner until the aggregate amount of Net Income allocated to the General Partner pursuant to this
Section 6.1(a)(i) for the current and all previous taxable periods is equal to the aggregate amount of Net Loss allocated to the General Partner pursuant to Section 6.1(b)(ii) for all previous taxable periods; and 

(ii) The balance, if any, 100% to the Unitholders, Pro Rata. 

(b) Net Loss. After giving effect to the special allocations set forth in Section 6.1(d), Net Loss for each taxable period
(including a pro rata part of each item of income, gain, loss and deduction taken into account in computing Net Loss for such taxable period) shall be allocated as follows: 

(i) First, to the Unitholders, Pro Rata; provided, that Net Loss shall not be allocated pursuant to this Section 6.1(b)(i) to the extent
that such allocation would cause any Unitholder to have a deficit balance in its Adjusted Capital Account at the end of such taxable period (or increase any existing deficit balance in its Adjusted Capital Account); and 

(ii) The balance, if any, 100% to the General Partner. 

(c) Net Termination Gains and Losses. After giving effect to the special allocations set forth in Section 6.1(d), Net Termination
Gain or Net Termination Loss (including a pro rata part of each item of income, gain, loss and deduction taken into account in computing Net Termination Gain or Net Termination Loss) for each taxable period shall be allocated in the manner set forth
in this Section 6.1(c). All allocations under this Section 6.1(c) shall be made after Capital Account balances have been adjusted by all other allocations provided under this Section 6.1 and after all distributions of cash and cash
equivalents provided under Section 6.4 and Section 6.5 have been made; provided, however, that solely for purposes of this Section 6.1(c), Capital Accounts shall not be adjusted for distributions made pursuant to Section 11.3.

 (i) Subject to the provisions set forth in the last sentence of this Section 6.1(c)(i), Net Termination Gain shall be allocated in
the following order and priority: 

  
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 (A) First, to each Partner having a deficit balance in its Capital Account, in the proportion
that such deficit balance bears to the total deficit balances in the Capital Accounts of all Partners, until each such Partner has been allocated Net Termination Gain equal to any such deficit balance in its Capital Account; 

(B) Second, to all Unitholders, Pro Rata, until the Capital Account in respect of each Class A Unit then Outstanding is equal to the sum
of (1) its Unrecovered Initial Unit Price, and (2) the Minimum Quarterly Distribution for the Quarter during which the Liquidation Date occurs, reduced by any distribution pursuant to Section 6.4(a)(i) with respect to such
Class A Unit for such Quarter (the amount determined pursuant to this clause (2) is hereinafter referred to as the “Unpaid MQD”); 

(C) Third, to all Unitholders, Pro Rata, until the Capital Account in respect of each Class A Unit then Outstanding is equal to the sum
of (1) its Unrecovered Initial Unit Price, (2) the Unpaid MQD, and (3) the excess of (aa) the First Target Distribution less the Minimum Quarterly Distribution for each Quarter of the Partnership’s existence over (bb) the
cumulative per Unit amount of any distributions of cash or cash equivalents that are deemed to be Operating Surplus made pursuant to Section 6.4(a)(ii); 

(D) Fourth, 15.0% to the holders of the Class B Units, Pro Rata, and 85.0% to all Unitholders, Pro Rata, until the Capital Account in respect
of each Class A Unit then Outstanding is equal to the product of (1) 85% times (2) the excess of (aa) the Second Target Distribution for each Quarter of the Partnership’s existence over (bb) the cumulative per Unit amount
of any distributions of cash or cash equivalents that are deemed to be Operating Surplus made pursuant to Section 6.4(a)(iii); and 

(E) Fifth, 25.0% to the holders of the Class B Units, Pro Rata, and 75% to all Unitholders, Pro Rata, until the Capital Account in respect of
each Class A Unit then Outstanding is equal to the product of (1) 75% times (2) the excess of (aa) the Third Target Distribution for each Quarter of the Partnership’s existence over (bb) the cumulative per Unit amount of any
distributions of cash or cash equivalents that are deemed to be Operating Surplus made pursuant to Section 6.4(a)(iv); and 
 (F)
Finally, 50.0% to the holders of the Class B Units, Pro Rata, and 50.0% to all Unitholders, Pro Rata. 
 Notwithstanding the foregoing provisions in this
Section 6.1(c)(i), the General Partner may adjust the amount of any Net Termination Gain arising in connection with a Revaluation Event that is allocated to the holders of Class B Units in a manner that will result (i) in the Capital
Account for each Class A Unit that is Outstanding prior to such Revaluation Event being equal to the Event Issue Value and (ii) to the greatest extent possible, the Capital Account with respect to the Class B Units that are Outstanding
prior to such Revaluation Event being equal to the amount of Net Termination Gain that would be allocated to the holders of the Class B Units pursuant to this Section 6.1(c)(i) if the Capital Accounts with respect to all Partnership Interests
that were Outstanding immediately prior to such Revaluation Event were equal to zero. 

  
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 (ii) Net Termination Loss (including a pro rata part of each item of income, gain, loss and
deduction taken into account in computing Net Termination Loss) shall be allocated: 
 (A) First, to all Unitholders, Pro Rata, until the
Capital Account in respect of each Class A Unit then Outstanding has been reduced to zero; and 
 (B) Second, the balance, if any, to
the General Partner. 
 (d) Special Allocations. Notwithstanding any other provision of this Section 6.1, the following special
allocations shall be made for each taxable period. 
 (i) Partnership Minimum Gain Chargeback. Notwithstanding any other provision of
this Section 6.1, if there is a net decrease in Partnership Minimum Gain during any Partnership taxable period, each Partner shall be allocated items of Partnership income and gain for such period (and, if necessary, subsequent periods) in the
manner and amounts provided in Treasury Regulation Sections 1.704-2(f)(6), 1.704-2(g)(2) and 1.704-2(j)(2)(i), or any successor
provision. For purposes of this Section 6.1(d), each Partner’s Adjusted Capital Account balance shall be determined, and the allocation of income or gain required hereunder shall be effected, prior to the application of any other
allocations pursuant to this Section 6.1(d) with respect to such taxable period (other than an allocation pursuant to Section 6.1(d)(vi) and Section 6.1(d)(vii)). This Section 6.1(d)(i) is intended to comply with the Partnership
Minimum Gain chargeback requirement in Treasury Regulation Section 1.704-2(f) and shall be interpreted consistently therewith. 

(ii) Chargeback of Partner Nonrecourse Debt Minimum Gain. Notwithstanding the other provisions of this Section 6.1 (other than
Section 6.1(d)(i)), except as provided in Treasury Regulation Section 1.704-2(i)(4), if there is a net decrease in Partner Nonrecourse Debt Minimum Gain during any Partnership taxable period, any
Partner with a share of Partner Nonrecourse Debt Minimum Gain at the beginning of such taxable period shall be allocated items of Partnership income and gain for such period (and, if necessary, subsequent periods) in the manner and amounts provided
in Treasury Regulation Sections 1.704-2(i)(4) and 1.704-2(j)(2)(ii), or any successor provisions. For purposes of this Section 6.1(d), each Partner’s Adjusted
Capital Account balance shall be determined, and the allocation of income or gain required hereunder shall be effected, prior to the application of any other allocations pursuant to this Section 6.1(d), other than Section 6.1(d)(i) and
other than an allocation pursuant to Section 6.1(d)(vi) and Section 6.1(d)(vii), with respect to such taxable period. This Section 6.1(d)(ii) is intended to comply with the chargeback of items of income and gain requirement in
Treasury Regulation Section 1.704-2(i)(4) and shall be interpreted consistently therewith. 

(iii) Priority Allocations. 

(A) If the amount of cash or the Net Agreed Value of any property distributed (except cash or property distributed pursuant to
Section 11.3) with respect to a Unit for a taxable period exceeds the amount of cash or the Net Agreed Value of property distributed with respect to another Unit within the same taxable period (the amount of the excess, an

  
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“Excess Distribution” and the Unit with respect to which the greater distribution is paid, an “Excess Distribution Unit”), then there shall be
allocated gross income and gain to each Unitholder receiving an Excess Distribution with respect to the Excess Distribution Unit until the aggregate amount of such items allocated with respect to such Excess Distribution Unit pursuant to this
Section 6.1(d)(iii)(A) for the current taxable period and all previous taxable periods is equal to the amount of the Excess Distribution. 

(B) After the application of Section 6.1(d)(iii)(A), the remaining items of Partnership gross income or gain for the taxable period, if
any, shall be allocated to the holders of Class B Units, Pro Rata, until the aggregate amount of such items allocated to the holders of Class B Units pursuant to this Section 6.1(d)(iii)(B) for the current taxable period and all previous
taxable periods is equal to the cumulative amount of all Class B Distributions made to the holders of Class B Units from the Closing Date to a date 45 days after the end of the current taxable period. 

(iv) Qualified Income Offset. In the event any Partner unexpectedly receives any adjustments, allocations or distributions described in
Treasury Regulation Sections 1.704-1(b)(2)(ii)(d)(4), 1.704-1(b)(2)(ii)(d)(5), or 1.704-1(b)(2)(ii)(d)(6), items of
Partnership gross income and gain shall be specially allocated to such Partner in an amount and manner sufficient to eliminate, to the extent required by the Treasury Regulations promulgated under Section 704(b) of the Code, the deficit
balance, if any, in its Adjusted Capital Account created by such adjustments, allocations or distributions as quickly as possible; provided, that an allocation pursuant to this Section 6.1(d)(iv) shall be made only if and to the extent that
such Partner would have a deficit balance in its Adjusted Capital Account after all other allocations provided for in this Section 6.1 have been tentatively made as if this Section 6.1(d)(iv) were not in this Agreement. 

(v) Gross Income Allocation. In the event any Partner has a deficit balance in its Capital Account at the end of any taxable period in
excess of the sum of (A) the amount such Partner is required to restore pursuant to the provisions of this Agreement and (B) the amount such Partner is deemed obligated to restore pursuant to Treasury Regulation Sections 1.704-2(g) and 1.704-2(i)(5), such Partner shall be specially allocated items of Partnership gross income and gain in the amount of such excess as quickly as possible;
provided, that an allocation pursuant to this Section 6.1(d)(v) shall be made only if and to the extent that such Partner would have a deficit balance in its Capital Account after all other allocations provided for in this Section 6.1 have
been tentatively made as if Section 6.1(d)(iv) and this Section 6.1(d)(v) were not in this Agreement. 
 (vi) Nonrecourse
Deductions. Nonrecourse Deductions for any taxable period shall be allocated to the Partners Pro Rata. If the General Partner determines that the Partnership’s Nonrecourse Deductions should be allocated in a different ratio to satisfy the
safe harbor requirements of the Treasury Regulations promulgated under Section 704(b) of the Code, the General Partner is authorized to revise the prescribed ratio to the numerically closest ratio that does satisfy such requirements. 

  
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 (vii) Partner Nonrecourse Deductions. Partner Nonrecourse Deductions for any taxable
period shall be allocated 100% to the Partner that bears the Economic Risk of Loss with respect to the Partner Nonrecourse Debt to which such Partner Nonrecourse Deductions are attributable in accordance with Treasury Regulation
Section 1.704-2(i). If more than one Partner bears the Economic Risk of Loss with respect to a Partner Nonrecourse Debt, the Partner Nonrecourse Deductions attributable thereto shall be allocated between or among such Partners in accordance
with the ratios in which they share such Economic Risk of Loss. 
 (viii) Nonrecourse Liabilities. For purposes of Treasury Regulation
Section 1.752-3(a)(3), the Partners agree that Nonrecourse Liabilities of the Partnership in excess of the sum of (A) the amount of Partnership Minimum Gain and (B) the total amount of Nonrecourse Built-in Gain shall be allocated
among the Partners Pro Rata. 
 (ix) Code Section 754 Adjustments. To the extent an adjustment to the adjusted tax basis of any
Partnership asset pursuant to Section 734(b) of the Code (including pursuant to Treasury Regulation Section 1.734-2(b)(1)) is required, pursuant to Treasury Regulation
Section 1.704-1(b)(2)(iv)(m), to be taken into account in determining Capital Accounts as a result of a distribution to a Partner in complete liquidation of such Partner’s interest in the
Partnership, the amount of such adjustment to the Capital Accounts shall be treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases such basis) taken into account pursuant to
Section 5.5, and such item of gain or loss shall be specially allocated to the Partners in a manner consistent with the manner in which their Capital Accounts are required to be adjusted pursuant to such Section of the Treasury Regulations.

 (x) Changes in Law. For the proper administration of the Partnership and for the preservation of uniformity of the Limited Partner
Interests (or any class or classes thereof), the General Partner shall (1) adopt such conventions as it deems appropriate in determining the amount of depreciation, amortization and cost recovery deductions; (2) make special allocations of
income, gain, loss, deduction, Net Termination Gains or Net Termination Losses; and (3) amend the provisions of this Agreement as appropriate (x) to reflect the proposal or promulgation of Treasury Regulations under Section 704(b) or
Section 704(c) of the Code or (y) otherwise to preserve or achieve uniformity of the Limited Partner Interests (or any class or classes thereof). The General Partner may adopt such conventions, make such allocations and make such
amendments to this Agreement as provided in this Section 6.1(d)(x)(D) only if such conventions, allocations or amendments would not have a material adverse effect on the Partners, the holders of any class or classes of Outstanding Limited
Partner Interests or the Partnership. 
 (xi) Curative Allocation. 

(A) Notwithstanding any other provision of this Section 6.1, other than the Required Allocations, the Required Allocations shall be taken
into account in making the Agreed Allocations so that, to the extent possible, the net amount of items of gross income, gain, loss and deduction allocated to each Partner pursuant to the Required Allocations and the Agreed Allocations, together,
shall be equal to the net amount of such items that would have been allocated to each such Partner under the Agreed Allocations had the Required Allocations and the related Curative Allocation not otherwise been provided in this Section 6.1. In
exercising its discretion under this Section 6.1(d)(xi)(A), the General Partner may take into account future 

  
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Required Allocations that, although not yet made, are likely to offset other Required Allocations previously made. Allocations pursuant to this Section 6.1(d)(xi)(A) shall only be made with
respect to Required Allocations to the extent the General Partner determines that such allocations will otherwise be inconsistent with the economic agreement among the Partners. 

(B) The General Partner shall, with respect to each taxable period, (1) apply the provisions of Section 6.1(d)(xi)(A) in whatever
order is most likely to minimize the economic distortions that might otherwise result from the Required Allocations, and (2) divide all allocations pursuant to Section 6.1(d)(xi)(A) among the Partners in a manner that is likely to minimize
such economic distortions. 
 (xii) Corrective and Other Allocations. In the event of any allocation of Additional Book Basis
Derivative Items or any Book-Down Event or any recognition of a Net Termination Loss, the following rules shall apply: 
 (A) The General
Partner shall allocate Additional Book Basis Derivative Items consisting of depreciation, amortization, depletion, or any other form of cost recovery (other than Additional Book Basis Derivative Items included in Net Termination Gain or Net
Termination Loss) with respect to any Adjusted Property to the Unitholders, Pro Rata, the holders of Class B Units and the General Partner, all in the same proportion as the Net Termination Gain or Net Termination Loss resulting from the Revaluation
Event that gave rise to such Additional Book Basis Derivative Items was allocated to them pursuant to Section 6.1(c). 
 (B) If a sale
or other taxable disposition of an Adjusted Property, including, for this purpose, inventory (“Disposed of Adjusted Property”) occurs other than in connection with an event giving rise to Net Termination Gain or Net
Termination Loss, the General Partner shall allocate (1) items of gross income and gain (aa) away from the holders of Class B Units and the General Partner and (bb) to the Unitholders, or (2) items of deduction and loss (aa) away from the
Unitholders and (bb) to the holders of Class B Units and the General Partner, to the extent that the Additional Book Basis Derivative Items with respect to the Disposed of Adjusted Property (determined in accordance with the last sentence of the
definition of Additional Book Basis Derivative Items) treated as having been allocated to the Unitholders pursuant to this section 6.1(d)(xii)(B) exceed their Share of Additional Book Basis Derivative Items with respect to such Disposed of Adjusted
Property. For purposes of this Section 6.1(d)(xii)(B), the Unitholders shall be treated as having been allocated Additional Book Basis Derivative Items to the extent that such Additional Book Basis Derivative Items have reduced the amount of
income that would otherwise have been allocated to the Unitholders under the Partnership Agreement (e.g., Additional Book Basis Derivative Items taken into account in computing the cost of goods sold would reduce the amount of book income
otherwise available for allocation among the Partners). Any allocation made pursuant to this Section 6.1(d)(xii)(B) shall be made after all of the other Agreed Allocations have been made as if this Section 6.1(d)(xii) were not in this
Agreement and, to the extent necessary, shall require the reallocation of items that have been allocated pursuant to such other Agreed Allocations. 

(C) Net Termination Loss in an amount equal to the lesser of (1) such Net Termination Loss and (2) the Aggregate Remaining Net
Positive Adjustments shall be allocated in such a manner as is determined by the General Partner that to the extent possible, the 

  
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Capital Account balances of the Partners will equal the amount they would have been had no prior Book-Up Events occurred, and any remaining Net Termination Loss shall be allocated pursuant to
Section 6.1(c) hereof. In allocating Net Termination Loss pursuant to this Section 6.1(d)(xii)(C), the General Partner shall attempt, to the extent possible, to cause the Capital Accounts of the Unitholders, on the one hand, and holders of
the Class B Units, on the other hand, to equal the amount they would equal if (i) the Carrying Values of the Partnership’s property had not been previously adjusted in connection with any prior Book-Up Events, (ii) Unrealized Gain and
Unrealized Loss (or, in the case of a liquidation, actual gain or loss) with respect to such Partnership Property were determined with respect to such unadjusted Carrying Values, and (iii) any resulting Net Termination Gain had been allocated
pursuant to Section 6.1(c)(i) (including, for the avoidance of doubt, taking into account the provisions set forth in the last sentence of Section 6.1(c)(i)). 

(D) In making the allocations required under this Section 6.1(d)(xii), the General Partner may apply whatever conventions or other
methodology it determines will satisfy the purpose of this Section 6.1(d)(xii). Without limiting the foregoing, if an Adjusted Property is contributed by the Partnership to another entity classified as a partnership for U.S. federal income tax
purposes (the “lower tier partnership”), the General Partner may make allocations similar to those described in Sections 6.1(d)(xii)(A)—(C) to the extent the General Partner determines such allocations are necessary to account
for the Partnership’s allocable share of income, gain, loss and deduction of the lower tier partnership that relate to the contributed Adjusted Property in a manner that is consistent with the purpose of this Section 6.1(d)(xii). 

(xiii) Special Allocation in Event of Section 482 Adjustment. If, and to the extent that, the Partnership is deemed to recognize
any item of income, gain, loss or deduction (or any adjustment to these items) pursuant to Section 482 of the Code or similar provision now or hereafter in effect and the Treasury Regulations promulgated thereunder as a result of any
transaction between a Partner and the Partnership, the General Partner shall allocate such items among the Partners in a manner that will, as nearly as possible, cause the Capital Account balance of each Partner (taking into account any deemed
contributions or distributions) to equal the amount it would have been had no adjustment under Section 482 or similar provision been made. 

Section 6.2 Allocations for Tax Purposes. 

(a) Except as otherwise provided herein, for U.S. federal income tax purposes, each item of income, gain, loss and deduction shall be allocated
among the Partners in the same manner as its correlative item of “book” income, gain, loss or deduction is allocated pursuant to Section 6.1. 

(b) In an attempt to eliminate Book-Tax Disparities attributable to a Contributed Property or Adjusted Property, items of income, gain, loss,
depreciation, amortization and cost recovery deductions shall be allocated for U.S. federal income tax purposes among the Partners in the manner provided under Section 704(c) of the Code, and the Treasury Regulations promulgated under
Section 704(b) and 704(c) of the Code, as determined appropriate by the General Partner (taking into account the General Partner’s discretion under Section 6.1(d)(x)(C)); provided, that the General Partner shall apply the
principles of Treasury Regulation Section 1.704-3(d) in all events. 

  
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 (c) The General Partner may determine to depreciate or amortize the portion of an adjustment
under Section 743(b) of the Code attributable to unrealized appreciation in any Adjusted Property (to the extent of the unamortized Book-Tax Disparity) using a predetermined rate derived from the depreciation or amortization method and useful
life applied to the unamortized Book-Tax Disparity of such property, despite any inconsistency of such approach with Treasury Regulation Section 1.167(c)-l(a)(6) or any successor regulations thereto. If the General Partner determines that such
reporting position cannot reasonably be taken, the General Partner may adopt depreciation and amortization conventions under which all purchasers acquiring Limited Partner Interests in the same month would receive depreciation and amortization
deductions, based upon the same applicable rate as if they had purchased a direct interest in the Partnership’s property. If the General Partner chooses not to utilize such aggregate method, the General Partner may use any other depreciation
and amortization conventions to preserve the uniformity of the intrinsic tax characteristics of any Limited Partner Interests, so long as such conventions would not have a material adverse effect on the Limited Partners or the Record Holders of any
class or classes of Limited Partner Interests. 
 (d) In accordance with Treasury Regulation Sections 1.1245-1(e) and 1.1250-1(f), any gain
allocated to the Partners upon the sale or other taxable disposition of any Partnership asset shall, to the extent possible, after taking into account other required allocations of gain pursuant to this Section 6.2, be characterized as
Recapture Income in the same proportions and to the same extent as such Partners (or their predecessors in interest) have been allocated any deductions directly or indirectly giving rise to the treatment of such gains as Recapture Income. 

(e) All items of income, gain, loss, deduction and credit recognized by the Partnership for U.S. federal income tax purposes and allocated to
the Partners in accordance with the provisions hereof shall be determined without regard to any election under Section 754 of the Code that may be made by the Partnership; provided, however, that such allocations, once made, shall be
adjusted (in the manner determined by the General Partner) to take into account those adjustments permitted or required by Sections 734 and 743 of the Code. 

(f) Each item of Partnership income, gain, loss and deduction shall, for U.S. federal income tax purposes, be determined for each taxable
period and prorated on a monthly basis and shall be allocated to the Partners as of the first Business Day of each month; provided, further, that gain or loss on a sale or other disposition of any assets of the Partnership or any other
extraordinary item of income, gain, loss or deduction as determined by the General Partner, shall be allocated to the Partners as of the first Business Day of the month in which such item is recognized for federal income tax purposes. The General
Partner may revise, alter or otherwise modify such methods of allocation to the extent permitted or required by Section 706 of the Code and the regulations or rulings promulgated thereunder. 

(g) If, as a result of an exercise of a Noncompensatory Option, a Capital Account reallocation is required under Treasury Regulation Section 1.704-1(b)(2)(iv)(s)(3), the General Partner shall make corrective allocations pursuant to Treasury Regulation Section 1.704-1(b)(4)(x). 

  
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 Section 6.3 Requirements and Characterization of Distributions; Distributions to Record
Holders. 
 (a) Within 40 days following the end of each Quarter commencing with the Quarter ending on December 31, 2013, an amount
equal to 100% of Available Cash with respect to such Quarter shall be distributed in accordance with this Section 6.3 by the Partnership to Partners as of the Record Date selected by the General Partner. All amounts of Available Cash
distributed by the Partnership on any date from any source shall be deemed to be Operating Surplus until the sum of all amounts of Available Cash theretofore distributed by the Partnership to the Partners pursuant to Section 6.4 equals the
Operating Surplus from the Closing Date through the close of the immediately preceding Quarter. Any remaining amounts of Available Cash distributed by the Partnership on such date shall, except as otherwise provided in Section 6.5, be deemed to
be “Capital Surplus.” All distributions required to be made under this Agreement or otherwise made by the Partnership shall be made subject to Sections 17-607 and 17-804 of the Delaware
Act. 
 (b) Notwithstanding Section 6.3(a), in the event of the dissolution and liquidation of the Partnership, all Partnership assets
shall be applied and distributed solely in accordance with, and subject to the terms and conditions of, Section 11.3. 
 (c) Each
distribution in respect of a Partnership Interest shall be paid by the Partnership, directly or through any Transfer Agent or through any other Person or agent, only to the Record Holder of such Partnership Interest as of the Record Date set for
such distribution. Such payment shall constitute full payment and satisfaction of the Partnership’s liability in respect of such payment, regardless of any claim of any Person who may have an interest in such payment by reason of an assignment
or otherwise. 
 Section 6.4 Distributions of Available Cash from Operating Surplus. 

(a) Available Cash with respect to any Quarter that is deemed to be Operating Surplus pursuant to the provisions of Section 6.3 or 6.5
shall be distributed as follows: 
 (i) First, to all Unitholders holding Class A Units, Pro Rata, until there has been distributed in
respect of each Class A Unit then Outstanding an amount equal to the Minimum Quarterly Distribution for such Quarter; 
 (ii) Second, to
all Unitholders, Pro Rata, until there has been distributed in respect of each Unit then Outstanding an amount equal to the excess of the First Target Distribution over the Minimum Quarterly Distribution for such Quarter; 

(iii) Third, (A) 15.0% to the holders of the Class B Units, Pro Rata; and (B) 85.0% to all Unitholders, Pro Rata, until there has
been distributed an aggregate amount for such Quarter pursuant to Sections 6.4(a)(i), (a)(ii) and (a)(iii) equal to the product of (x) the Second Target Distribution for such Quarter and (y) the number of Class A Units receiving a
distribution with respect to such Quarter; 

  
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 (iv) Fourth, (A) 25.0% to the holders of the Class B Units, Pro Rata; and (B) 75.0% to
all Unitholders, Pro Rata, until there has been distributed an aggregate amount for such Quarter pursuant to Sections 6.4(a)(i), (a)(ii), (a)(iii) and (a)(iv) equal to the product of (x) the Third Target Distribution for such Quarter and
(y) the number of Class A Units receiving a distribution with respect to such Quarter; and 
 (v) Thereafter, 50.0% to the holders
of the Class B Units, Pro Rata; and (B) 50.0% to all Unitholders, Pro Rata; 
 provided, however, if the Target Distributions
have been reduced to zero pursuant to the second sentence of Section 6.6(a), the distribution of Available Cash that is deemed to be Operating Surplus with respect to any Quarter will be made solely in accordance with Section 6.4(a)(v). 

Section 6.5 Distributions of Available Cash from Capital Surplus. Available Cash that is deemed to be Capital Surplus pursuant to
the provisions of Section 6.3(a) shall be distributed, unless the provisions of Section 6.3 require otherwise: 
 (a) First, 100%
to all the Unitholders, Pro Rata, until the Minimum Quarterly Distribution has been reduced to zero pursuant to the second sentence of Section 6.6(a); 

(b) Thereafter, all Available Cash shall be distributed as if it were Operating Surplus and shall be distributed in accordance with
Section 6.4. 
 Section 6.6 Adjustment of Minimum Quarterly Distribution and Target Distribution Levels. 

(a) The Target Distributions shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected
by a distribution payable in Units or otherwise) of Units or other Partnership Interests. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Target Distributions shall be reduced in the
same proportion that the distribution had to the fair market value of the Class A Units immediately prior to the announcement of the distribution. If the Class A Units are publicly traded on a National Securities Exchange, the fair market
value will be the Current Market Price before the ex-dividend date. If the Class A Units are not publicly traded, the fair market value will be determined by the Board of Directors. 

(b) The Target Distributions shall also be subject to adjustment pursuant to Section 5.10 and Section 6.7. 

Section 6.7 Entity-Level Taxation. If legislation is enacted or the official interpretation of existing legislation is modified by
a governmental authority, which after giving effect to such enactment or modification, results in a Group Member becoming subject to federal, state or local or non-U.S. income or withholding taxes in excess of the amount of such taxes due from the
Group Member prior to such enactment or modification (including, for the avoidance of doubt, any increase in the rate of such taxation applicable to the Group Member), then the General Partner may, in its sole discretion, reduce the Target
Distributions by the amount of income or withholding taxes that are payable by reason of any such new legislation or interpretation (the “Incremental Income Taxes”), or any portion thereof selected by the General Partner, in
the manner provided in this Section 6.9. If the General Partner elects to reduce the 

  
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Target Distributions for any Quarter with respect to all or a portion of any Incremental Income Taxes, the General Partner shall estimate for such Quarter the Partnership Group’s aggregate
liability (the “Estimated Incremental Quarterly Tax Amount”) for all (or the relevant portion of) such Incremental Income Taxes; provided that any difference between such estimate and the actual liability for Incremental
Income Taxes (or the relevant portion thereof) for such Quarter may, to the extent determined by the General Partner, be taken into account in determining the Estimated Incremental Quarterly Tax Amount with respect to each Quarter in which any such
difference can be determined. For each such Quarter, the Target Distributions, shall be the product obtained by multiplying (a) the amounts therefor that are set out herein prior to the application of this Section 6.9 times (b) the
quotient obtained by dividing (i) Available Cash with respect to such Quarter by (ii) the sum of Available Cash with respect to such Quarter and the Estimated Incremental Quarterly Tax Amount for such Quarter, as determined by the General
Partner. For purposes of the foregoing, Available Cash with respect to a Quarter will be deemed reduced by the Estimated Incremental Quarterly Tax Amount for that Quarter. 

ARTICLE VII 
 MANAGEMENT
AND OPERATION OF BUSINESS 
 Section 7.1 Management. 

(a) The General Partner shall conduct, direct and manage all activities of the Partnership. Except as otherwise expressly provided in this
Agreement, but without limitation on the ability of the General Partner to delegate its rights and power to other Persons, all management powers over the business and affairs of the Partnership shall be exclusively vested in the General Partner, and
no other Partner shall have any management power over the business and affairs of the Partnership. In addition to the powers now or hereafter granted to a general partner of a limited partnership under applicable law or that are granted to the
General Partner under any other provision of this Agreement, the General Partner, subject to Section 7.4, shall have full power and authority to do all things and on such terms as it determines to be necessary or appropriate to conduct the
business of the Partnership, to exercise all powers set forth in Section 2.5 and to effectuate the purposes set forth in Section 2.4, including the following: 

(i) the making of any expenditures, the lending or borrowing of money, the assumption or guarantee of, or other contracting for, indebtedness
and other liabilities, the issuance of evidences of indebtedness, including indebtedness that is convertible or exchangeable into Partnership Interests, and the incurring of any other obligations; 

(ii) the making of tax, regulatory and other filings, or rendering of periodic or other reports to governmental or other agencies having
jurisdiction over the business or assets of the Partnership; 
 (iii) the acquisition, disposition, mortgage, pledge, encumbrance,
hypothecation or exchange of any or all of the assets of the Partnership or the merger or other combination of the Partnership with or into another Person (the matters described in this clause (iii) being subject, however, to any prior approval
that may be required by Section 7.4 or Article XIV); 

  
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 (iv) the use of the assets of the Partnership (including cash on hand) for any purpose consistent
with the terms of this Agreement, including the financing of the conduct of the operations of the Partnership Group; the lending of funds to other Persons (including other Group Members); the repayment or guarantee of obligations of any Group
Member; and the making of capital contributions to any Group Member; 
 (v) the negotiation, execution and performance of any contracts,
conveyances or other instruments (including instruments that limit the liability of the Partnership under contractual arrangements to all or particular assets of the Partnership, with the other party to the contract to have no recourse against the
General Partner or its assets other than its interest in the Partnership, even if the same results in the terms of the transaction being less favorable to the Partnership than would otherwise be the case); 

(vi) the distribution of cash or cash equivalents by the Partnership; 

(vii) the selection, employment, retention and dismissal of employees (including employees having titles such as “president,”
“vice president,” “secretary” and “treasurer”) and agents, outside attorneys, accountants, consultants and contractors of the General Partner or the Partnership Group and the determination of their compensation and
other terms of employment or hiring; 
 (viii) the maintenance of insurance for the benefit of the Partnership Group, the Partners and
Indemnitees; 
 (ix) the formation of, or acquisition of an interest in, and the contribution of property and the making of loans to, any
further limited or general partnerships, joint ventures, corporations, limited liability companies or other Persons (including the acquisition of interests in, and the contributions of property to, any Group Member from time to time); 

(x) the control of any matters affecting the rights and obligations of the Partnership, including the bringing and defending of actions at law
or in equity and otherwise engaging in the conduct of litigation, arbitration or mediation and the incurring of legal expense and the settlement of claims and litigation; 

(xi) the indemnification of any Person against liabilities and contingencies to the extent permitted by law; 

(xii) the entering into of listing agreements with any National Securities Exchange and the delisting of some or all of the Limited Partner
Interests from, or requesting that trading be suspended on, any such exchange; 
 (xiii) the purchase, sale or other acquisition or
disposition of Partnership Interests, or, subject to Section 5.6(a), the issuance of Derivative Instruments; 
 (xiv) the undertaking of
any action in connection with the Partnership’s participation in the management of any Group Member; and 

  
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 (xv) the entering into of agreements with any of its Affiliates to render services to a Group
Member or to itself in the discharge of its duties as General Partner of the Partnership. 
 (b) Each of the Partners and each other Person
who acquires an interest in a Partnership Interest and each other Person who is otherwise bound by this Agreement hereby (i) approves, ratifies and confirms the execution, delivery and performance by the parties thereto of this Agreement and
the Contribution Agreement (in the case of each agreement other than this Agreement, without giving effect to any amendments, supplements or restatements after the date hereof); (ii) agrees that the General Partner (on its own behalf or on
behalf of the Partnership) is authorized to execute, deliver and perform the agreements referred to in clause (b) of this sentence and the other agreements, acts, transactions and matters described in or contemplated by the Contribution
Agreement on behalf of the Partnership without any further act, approval or vote of the Partners, the other Persons who acquire a Partnership Interest and the Persons who are otherwise bound by this Agreement; and (iii) agrees that the
execution, delivery or performance by the General Partner, any Group Member or any Affiliate of any of them of this Agreement or any agreement authorized or permitted under this Agreement (including the exercise by the General Partner or any
Affiliate of the General Partner of the rights accorded pursuant to Article XV) shall not constitute a breach by the General Partner of any fiduciary or other duty existing at law, in equity or otherwise that the General Partner may owe the
Partnership, the Limited Partners, the other Persons who acquire a Partnership Interest or the Persons who are otherwise bound by this Agreement. 

(c) As used in the following provisions of this Article VII other than Section 7.12, the term Partnership Interest shall include any
Derivative Instruments. 
 Section 7.2 Replacement of Fiduciary Duties. 

Notwithstanding any other provision of this Agreement, to the extent that any provision of this Agreement purports or is interpreted
(a) to have the effect of replacing, restricting or eliminating the duties that might otherwise, as a result of Delaware or other applicable law, be owed by the General Partner or any other Indemnitee to the Partnership, the Limited Partners,
any other Person who acquires an interest in a Partnership Interest or any other Person who is bound by this Agreement, or (b) to constitute a waiver or consent by the Partnership, the Limited Partners, any other Person who acquires an interest
in a Partnership Interest or any other Person who is bound by this Agreement to any such replacement or restriction, such provision shall be deemed to have been approved by the Partnership, all the Partners, each other Person who acquires an
interest in a Partnership Interest and each other Person who is bound by this Agreement. 
 Section 7.3 Certificate of Limited
Partnership. The General Partner has caused the Certificate of Limited Partnership to be filed with the Secretary of State of the State of Delaware as required by the Delaware Act. The General Partner shall use all reasonable efforts to cause to
be filed such other certificates or documents that the General Partner determines to be necessary or appropriate for the formation, continuation, qualification and operation of a limited partnership (or a partnership in which the limited partners
have limited liability) in the State of Delaware or any other state in which the Partnership may elect to do business or own property. 

  
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To the extent the General Partner determines such action to be necessary or appropriate, the General Partner shall file amendments to and restatements of the Certificate of Limited Partnership
and do all things to maintain the Partnership as a limited partnership (or a partnership or other entity in which the limited partners have limited liability) under the laws of the State of Delaware or of any other state in which the Partnership may
elect to do business or own property. Subject to the terms of Section 3.4(a), the General Partner shall not be required, before or after filing, to deliver or mail a copy of the Certificate of Limited Partnership, any qualification document or
any amendment thereto to any Partner. 
 Section 7.4 Restrictions on the General Partner’s Authority. 

(a) Except as provided in Article XI and Article XIII, the General Partner may not sell, exchange or otherwise dispose of all or substantially
all of the assets of the Partnership Group, taken as a whole, in a single transaction or a series of related transactions without the approval of a Unit Majority; provided, however, that this provision shall not preclude or limit the General
Partner’s ability to mortgage, pledge, hypothecate or grant a security interest in all or substantially all of the assets of the Partnership Group and shall not apply to any forced sale of any or all of the assets of the Partnership Group
pursuant to the foreclosure of, or other realization upon, any such encumbrance. 
 (b) In addition and without limiting the foregoing, the
General Partner may not take any of the following actions without the prior written approval of the holders of a majority of the Class B Units: 

(i) the amendment of this Agreement in any manner that adversely affects the Class B Units as a whole in any material respect; and 

(ii) any other action or event requiring the approval of the holders of Class B Units under this Agreement. 

In connection with any matter submitted for approval to the holders of Class B Units, the vote or consent of any such holder may be given by
such holder or by any person holding a proxy, power of attorney, or similar interest under any voting agreement binding on such holder. 

Section 7.5 Reimbursement of the General Partner. 

(a) NSLP GP shall be reimbursed by the Partnership Group on a monthly basis, or such other basis as NSLP GP may determine, for (i) all
direct and indirect expenses it incurs or payments it makes on behalf of the Partnership Group (including salary, bonus, incentive compensation and other amounts paid to any Person (including Affiliates of the General Partner) to perform services
for the Partnership Group or for the General Partner in the discharge of its duties to the Partnership Group), and (ii) all other expenses allocable to the Partnership Group or otherwise incurred by the General Partner in connection with
operating the Partnership Group’s business (including expenses allocated to the General Partner by its Affiliates). The General Partner shall determine the expenses that are allocable to the General Partner or any member of the Partnership
Group. Reimbursements pursuant to this Section 7.5 shall be in addition to any reimbursement to the General Partner as a result of indemnification pursuant to Section 7.7. The General Partner and its Affiliates may charge any member of the
Partnership Group a 

  
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management fee to the extent necessary to allow the Partnership Group to reduce the amount of any state franchise or income tax or any tax based upon revenues or gross margin of any member of the
Partnership Group if the tax benefit produced by the payment for such management fee exceeds the amount of such fee. 
 (b) The General
Partner, without the approval of the Limited Partners (who shall have no right to vote in respect thereof), may propose and adopt on behalf of the Partnership benefit plans, programs and practices (including plans, programs and practices involving
the issuance of Partnership Interests), or cause the Partnership to issue Partnership Interests in connection with, or pursuant to, any benefit plan, program or practice maintained or sponsored by the General Partner or any of its Affiliates, in
each case for the benefit of employees, officers, consultants and directors of the General Partner or its Affiliates, in respect of services performed, directly or indirectly, for the benefit of the Partnership Group. The Partnership agrees to issue
and sell to the General Partner or any of its Affiliates any Partnership Interests that the General Partner or such Affiliates are obligated to provide to any employees, officers, consultants and directors pursuant to any such benefit plans,
programs or practices. Expenses incurred by the General Partner in connection with any such plans, programs and practices (including the net cost to the General Partner or such Affiliates of Partnership Interests purchased by the General Partner or
such Affiliates, from the Partnership or otherwise, to fulfill awards under such plans, programs and practices) shall be reimbursed in accordance with Section 7.5(a). Any and all obligations of the General Partner under any benefit plans,
programs or practices adopted by the General Partner as permitted by this Section 7.5(b) shall constitute obligations of the General Partner hereunder and shall be assumed by any successor General Partner approved pursuant to Section 11.1
or Section 11.2 or the transferee of or successor to all of the General Partner’s General Partner Interest pursuant to Section 4.6. 

Section 7.6 Outside Activities. 

(a) The General Partner, for so long as it is the General Partner of the Partnership, shall not engage in any business or activity or incur any
debts or liabilities except in connection with or incidental to (A) its performance as general partner or managing member, if any, of one or more Group Members or as described in or contemplated by the Registration Statement, (B) the
acquiring, owning or disposing of debt securities or equity interests in any Group Member or (C) the direct or indirect provision of management, advisory, and administrative services to its Affiliates or to other Persons. 

(b) Each Unrestricted Person (other than the General Partner) shall have the right to engage in businesses of every type and description and
other activities for profit and to engage in and possess an interest in other business ventures of any and every type or description, whether in businesses engaged in or anticipated to be engaged in by any Group Member, independently or with others,
including business interests and activities in direct competition with the business and activities of any Group Member. No such business interest or activity shall constitute a breach of this Agreement, any fiduciary or other duty existing at law,
in equity or otherwise, or obligation of any type whatsoever to the Partnership or other Group Member, any Partner, any Person who acquires an interest in a Partnership Interest or any Person who is otherwise bound by this Agreement. 

  
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 (c) Notwithstanding anything to the contrary in this Agreement, the doctrine of corporate
opportunity, or any analogous doctrine, shall not apply to any Unrestricted Person (including the General Partner). No Unrestricted Person (including the General Partner) who acquires knowledge of a potential transaction, agreement, arrangement or
other matter that may be an opportunity for the Partnership, shall have any duty to communicate or offer such opportunity to any Group Member, and such Unrestricted Person (including the General Partner) shall not be liable to the Partnership or any
other Group Member, any Partner any person who acquires a Partnership Interest or any other Person who is otherwise bound by this Agreement for breach of any fiduciary or other duty existing at law, in equity or otherwise by reason of the fact that
such Unrestricted Person (including the General Partner) pursues or acquires such opportunity for itself, directs such opportunity to another Person or does not communicate such opportunity or information to any Group Member. 

(d) The General Partner and each of its Affiliates may acquire Units or other Partnership Interests in addition to those acquired on the
Closing Date and, except as otherwise expressly provided in this Agreement, shall be entitled to exercise, at their option, all rights relating to all Units or other Partnership Interests acquired by them. The term “Affiliates” when used
in this Section 7.6(d) with respect to the General Partner shall not include any Group Member. 
 Section 7.7
Indemnification. 
 (a) To the fullest extent permitted by law, all Indemnitees shall be indemnified and held harmless by the
Partnership from and against any and all losses, claims, damages, liabilities, joint or several, expenses (including legal fees and expenses), judgments, fines, penalties, interest, settlements or other amounts arising from any and all threatened
pending or completed claims, demands, actions, suits or proceedings, whether civil, criminal, administrative or investigative, and whether formal or informal and including appeals, in which any Indemnitee may be involved, or is threatened to be
involved, as a party or otherwise, by reason of its status as an Indemnitee and acting (or refraining to act) in such capacity; provided, that the Indemnitee shall not be indemnified and held harmless if there has been a final and
non-appealable judgment entered by a court of competent jurisdiction determining that, in respect of the matter for which the Indemnitee is seeking indemnification pursuant to this Agreement, the Indemnitee acted in bad faith or engaged in fraud,
willful misconduct or, in the case of a criminal matter, acted with knowledge that the Indemnitee’s conduct was unlawful; provided, further that no indemnification pursuant to this Section 7.7 shall be available to the General Partner, any
of its Affiliates or any other Indemnitee (other than a Group Member) with respect to its obligations pursuant to the Contribution Agreement. Any indemnification pursuant to this Section 7.7 shall be made only out of the assets of the
Partnership, it being agreed that the General Partner shall not be personally liable for such indemnification and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate such
indemnification. 
 (b) To the fullest extent permitted by law, expenses (including legal fees and expenses) incurred by an Indemnitee who is
indemnified pursuant to Section 7.7(a) in appearing at, participating in or defending any claim, demand, action, suit or proceeding shall, from time to time, be advanced by the Partnership prior to a final and non-appealable judgment entered by
a court of competent jurisdiction determining that, in respect of the matter for which the 

  
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Indemnitee is seeking indemnification pursuant to this Section 7.7, the Indemnitee is not entitled to be indemnified upon receipt by the Partnership of any undertaking by or on behalf of the
Indemnitee to repay such amount if it shall be ultimately determined that the Indemnitee is not entitled to be indemnified as authorized by this Section 7.7. 

(c) The indemnification provided by this Section 7.7 shall be in addition to any other rights to which an Indemnitee may be entitled under
any agreement, pursuant to any vote of the holders of Outstanding Limited Partner Interests, as a matter of law, in equity or otherwise, both as to actions in the Indemnitee’s capacity as an Indemnitee and as to actions in any other capacity,
and shall continue as to an Indemnitee who has ceased to serve in such capacity and shall inure to the benefit of the heirs, successors, assigns and administrators of the Indemnitee. 

(d) The Partnership may purchase and maintain (or reimburse the General Partner or its Affiliates for the cost of) insurance, on behalf of an
Indemnitee and such other Persons as the General Partner shall determine, against any liability that may be asserted against, or expense that may be incurred by, such Indemnitee in connection with the Partnership’s activities or such
Indemnitee’s activities on behalf of the Partnership, regardless of whether the Partnership would have the power to indemnify such Indemnitee against such liability under the provisions of this Agreement. 

(e) For purposes of this Section 7.7, the Partnership shall be deemed to have requested an Indemnitee to serve as fiduciary of an employee
benefit plan whenever the performance by it of its duties to the Partnership also imposes duties on, or otherwise involves services by, it to the plan or participants or beneficiaries of the plan; excise taxes assessed on an Indemnitee with respect
to an employee benefit plan pursuant to applicable law shall constitute “fines” within the meaning of Section 7.7(a); and action taken or omitted by an Indemnitee with respect to any employee benefit plan in the performance of its
duties for a purpose reasonably believed by it to be in the best interest of the participants and beneficiaries of the plan shall be deemed to be for a purpose that is in the best interests of the Partnership. 

(f) In no event may an Indemnitee subject the Limited Partners to personal liability by reason of the indemnification provisions set forth in
this Agreement. 
 (g) An Indemnitee shall not be denied indemnification in whole or in part under this Section 7.7 because the
Indemnitee had an interest in the transaction with respect to which the indemnification applies if the transaction was otherwise permitted by the terms of this Agreement. 

(h) The provisions of this Section 7.7 are for the benefit of the Indemnitees and their heirs, successors, assigns, executors and
administrators and shall not be deemed to create any rights for the benefit of any other Persons. 
 (i) No amendment, modification or repeal
of this Section 7.7 or any provision hereof shall in any manner terminate, reduce or impair the right of any past, present or future Indemnitee to be indemnified by the Partnership, nor the obligations of the Partnership to indemnify any such
Indemnitee under and in accordance with the provisions of this Section 7.7 as in effect immediately prior to such amendment, modification or repeal with respect to claims arising from or relating to matters occurring, in whole or in part, prior
to such amendment, modification or repeal, regardless of when such claims may arise or be asserted. 

  
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 Section 7.8 Liability of Indemnitees. 

(a) Notwithstanding anything to the contrary set forth in this Agreement, no Indemnitee shall be liable for monetary damages to the
Partnership, the Partners or any other Persons who have acquired interests in a Partnership Interest or is otherwise bound by this Agreement, for losses sustained or liabilities incurred as a result of any act or omission of an Indemnitee unless
there has been a final and non-appealable judgment entered by a court of competent jurisdiction determining that, in respect of the matter in question, the Indemnitee acted in bad faith or engaged in fraud, willful misconduct or, in the case of a
criminal matter, acted with knowledge that the Indemnitee’s conduct was criminal. In the case where an Indemnitee is liable for damages, those damages shall only be direct damages and shall not include punitive damages, consequential damages or
lost profits. 
 (b) The General Partner may exercise any of the powers granted to it by this Agreement and perform any of the duties imposed
upon it hereunder either directly or by or through its agents, and the General Partner shall not be responsible for any misconduct or negligence on the part of any such agent appointed by the General Partner in good faith. 

(c) To the extent that, at law or in equity, an Indemnitee has duties (including fiduciary duties) and liabilities relating thereto to the
Partnership, the Partners, any Person who acquires an interest in a Partnership Interest or is otherwise bound by this Agreement, the General Partner and any other Indemnitee acting in connection with the Partnership’s business or affairs shall
not be liable, to the fullest extent permitted by law, to the Partnership, the Partners, any Person who acquires an interest in a Partnership Interest or is otherwise bound by this Agreement, for its reliance on the provisions of this Agreement.

 (d) Any amendment, modification or repeal of this Section 7.8 or any provision hereof shall be prospective only and shall not in any
way affect the limitations on the liability of the Indemnitees under this Section 7.8 as in effect immediately prior to such amendment, modification or repeal with respect to claims arising from or relating to matters occurring, in whole or in
part, prior to such amendment, modification or repeal, regardless of when such claims may arise or be asserted. 
 Section 7.9
Standards of Conduct and Modification of Duties. 
 (a) Whenever the General Partner, the Board of Directors or any committee of the
Board of Directors (including the Conflicts Committee), makes a determination or takes or declines to take any other action, or any Affiliates of the General Partner cause the General Partner to do so, in its capacity as the general partner of the
Partnership as opposed to in its individual capacity, whether under this Agreement, any Group Member Agreement or any other agreement contemplated hereby or otherwise, then, unless another express standard is provided for in this Agreement, the
General Partner, the Board of Directors, such committee or such Affiliates causing the General Partner to do so, shall make such determination or take or decline to take such other action in good faith and shall not be subject to any higher standard

  
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contemplated hereby or under the Delaware Act or any other law, rule or regulation or at equity. A determination, other action or failure to act by the General Partner, the Board of Directors of
the General Partner or any committee thereof (including the Conflicts Committee) will be deemed to be in good faith unless the General Partner, the Board of Directors of the General Partner or any committee thereof (including the Conflicts
Committee) believed such determination, other action or failure to act was adverse to the interests of the Partnership or NSLP. In any proceeding brought by the Partnership, any Limited Partner, or any Person who acquires an interest in a
Partnership Interest or any other Person who is bound by this Agreement challenging such action, determination or failure to act, the Person bringing or prosecuting such proceeding shall have the burden of proving that such determination, action or
failure to act was not in good faith. 
 (b) Whenever the General Partner makes a determination or takes or declines to take any other
action, or any of its Affiliates causes it to do so, in its individual capacity as opposed to in its capacity as the general partner of the Partnership, whether under this Agreement or any other agreement contemplated hereby or otherwise, then the
General Partner, or such Affiliates causing it to do so, are entitled, to the fullest extent permitted by law, to make such determination or to take or decline to take such other action free of any fiduciary duty or other duty existing at law, in
equity or otherwise or obligation whatsoever to the Partnership, any Limited Partner, any other Person who acquires an interest in a Partnership Interest or any other Person who otherwise is bound by this Agreement, and the General Partner, or such
Affiliates causing it to do so, shall not, to the fullest extent permitted by law, be required to act in good faith or pursuant to any other standard imposed by this Agreement or any other agreement contemplated hereby or under the Delaware Act or
any other law, rule or regulation or at equity. By way of illustration and not of limitation, whenever the phrases, “at the option of the General Partner,” “in its sole discretion” or some variation of those phrases, are used in
this Agreement, it indicates that the General Partner is acting in its individual capacity. For the avoidance of doubt, whenever the General Partner votes or transfers its Partnership Interests, or refrains from voting or transferring its
Partnership Interests, it shall be acting in its individual capacity. 
 (c) Whenever a potential conflict of interest exists or arises
between the General Partner or any Affiliates, on the one hand, and the Partnership, any Group Member or any Partner, any other Person who acquires an interest in a Partnership Interest or any other Person who is bound by this Agreement on the other
hand, the General Partner may in its discretion submit any resolution or course of action with respect to such conflict of interest for (i) Special Approval or (ii) if any Class A Units are owned by a Person other than the General
Partner and its Affiliates, approval by the vote of a majority of the Class A Units (excluding Class A Units owned by the General Partner and its Affiliates). If such course of action or resolution receives Special Approval or approval of
a majority of the Class A Units (excluding Class A Units owned by the General Partner and its Affiliates), then such course of action or resolution shall be conclusively deemed approved by the Partnership, all the Partners, each Person who
acquires an interest in a Partnership Interest and each other Person who is bound by this Agreement, and shall not constitute a breach of this Agreement, of any Group Member Agreement, of any agreement contemplated herein or therein, or of any
fiduciary or other duty existing at law, in equity or otherwise or obligation of any type whatsoever. For the avoidance of doubt, any potential conflict of interest that exists or arises between the General Partner or any Affiliates, on the one
hand, and the Partnership, any Group Member or any Partner, any other Person who  

  
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acquires an interest in a Partnership Interest or any other Person who is bound by this Agreement on the other hand may be resolved as provided in this Section 7.9(c)(i) and (ii) or
as directed by the Board of Directors of the General Partner, provided that the Board of Directors of the General Partner makes, takes or declines to take any action to resolve the conflict in accordance with the standard of care set forth in
Section 7.9(a). 
 (d) Notwithstanding anything to the contrary in this Agreement, the General Partner and its Affiliates or any
other Indemnitee shall have no duty or obligation, express or implied, to (i) sell or otherwise dispose of any asset of the Partnership Group other than in the ordinary course of business or (ii) permit any Group Member to use any
facilities or assets of the General Partner and its Affiliates, except as may be provided in contracts entered into from time to time specifically dealing with such use. Any determination by the General Partner or any of its Affiliates to enter into
such contracts shall be in its sole discretion. 
 (e) The Partners, each Person who acquires an interest in a Partnership Interest or is
otherwise bound by this Agreement hereby authorize the General Partner, on behalf of the Partnership as a partner or member of a Group Member, to approve actions by the general partner or managing member of such Group Member similar to those actions
permitted to be taken by the General Partner pursuant to this Section 7.9. 
 Section 7.10 Other Matters Concerning the General
Partner and Indemnitees. 
 (a) The General Partner and any other Indemnitee may rely upon, and shall be protected in acting or
refraining from acting upon, any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, bond, debenture or other paper or document believed by it to be genuine and to have been signed or presented by the
proper party or parties. 
 (b) The General Partner and any other Indemnitee may consult with legal counsel, accountants, appraisers,
management consultants, investment bankers and other consultants and advisers selected by it, and any act taken or omitted in reliance upon the advice or opinion (including an Opinion of Counsel) of such Persons as to matters that the General
Partner reasonably believes to be within such Person’s professional or expert competence shall be conclusively presumed to have been done or omitted in good faith and in accordance with such advice or opinion. 

(c) The General Partner shall have the right, in respect of any of its powers or obligations hereunder, to act through any of its duly
authorized officers, a duly appointed attorney or attorneys-in-fact or the duly authorized officers of any Group Member. 

Section 7.11 Purchase or Sale of Partnership Interests. The General Partner may cause the Partnership to purchase or otherwise
acquire Partnership Interests. As long as Partnership Interests are held by any Group Member, such Partnership Interests shall not be considered Outstanding for any purpose, except as otherwise provided herein. The General Partner or any Affiliate
of the General Partner may also purchase or otherwise acquire and sell or otherwise dispose of Partnership Interests for its own account, subject to the provisions of Article IV and Article VX. 

  
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 Section 7.12 Reliance by Third Parties. Notwithstanding anything to the contrary in
this Agreement, any Person dealing with the Partnership shall be entitled to assume that the General Partner and any officer of the General Partner authorized by the General Partner to act on behalf of and in the name of the Partnership has full
power and authority to encumber, sell or otherwise use in any manner any and all assets of the Partnership and to enter into any authorized contracts on behalf of the Partnership, and such Person shall be entitled to deal with the General Partner or
any such officer as if it were the Partnership’s sole party in interest, both legally and beneficially. Each Limited Partner hereby waives, to the fullest extent permitted by law, any and all defenses or other remedies that may be available
against such Person to contest, negate or disaffirm any action of the General Partner or any such officer in connection with any such dealing. In no event shall any Person dealing with the General Partner or any such officer or its representatives
be obligated to ascertain that the terms of this Agreement have been complied with or to inquire into the necessity or expedience of any act or action of the General Partner or any such officer or its representatives. Each and every certificate,
document or other instrument executed on behalf of the Partnership by the General Partner or its representatives shall be conclusive evidence in favor of any and every Person relying thereon or claiming thereunder that (a) at the time of the
execution and delivery of such certificate, document or instrument, this Agreement was in full force and effect, (b) the Person executing and delivering such certificate, document or instrument was duly authorized and empowered to do so for and
on behalf of the Partnership and (c) such certificate, document or instrument was duly executed and delivered in accordance with the terms and provisions of this Agreement and is binding upon the Partnership. 

ARTICLE VIII 
 BOOKS,
RECORDS, ACCOUNTING AND REPORTS 
 Section 8.1 Records and Accounting. The General Partner shall keep or cause to be kept at
the principal office of the Partnership appropriate books and records with respect to the Partnership’s business, including all books and records necessary to provide to the Limited Partners any information required to be provided pursuant to
Section 3.4(a). Any books and records maintained by or on behalf of the Partnership in the regular course of its business, including the record of the Record Holders of Units or other Partnership Interests, books of account and records of
Partnership proceedings, may be kept on, or be in the form of, computer disks, hard drives, magnetic tape, photographs, micrographics or any other information storage device; provided, that the books and records so maintained are convertible into
clearly legible written form within a reasonable period of time. The books of the Partnership shall be maintained, for financial reporting purposes, on an accrual basis in accordance with U.S. GAAP. The Partnership shall not be required to keep
books maintained on a cash basis and the General Partner shall be permitted to calculate cash-based measures, including Operating Surplus and Adjusted Operating Surplus, by making such adjustments to its accrual basis books to account for non-cash
items and other adjustments as the General Partner determines to be necessary or appropriate. 
 Section 8.2 Fiscal Year. The
fiscal year of the Partnership shall be a fiscal year ending December 31. 

  
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 Section 8.3 Reports. 

(a) As soon as practicable, but in no event later than 105 days after the close of each fiscal year of the Partnership, the General Partner
shall cause to be mailed or made available, by any reasonable means, to each Record Holder of a Unit or other Partnership Interest as of a date selected by the General Partner, an annual report containing financial statements of the Partnership for
such fiscal year of the Partnership, presented in accordance with U.S. GAAP, including a balance sheet and statements of operations, Partnership equity and cash flows, such statements to be audited by a firm of independent public accountants
selected by the General Partner, and such other information as may be required by applicable law, regulation or rule of any National Securities Exchange on which the Units are listed or admitted to trading, or as the General Partner determines to be
necessary or appropriate. 
 (b) As soon as practicable, but in no event later than 50 days after the close of each Quarter except the last
Quarter of each fiscal year, the General Partner shall cause to be mailed or made available, by any reasonable means to each Record Holder of a Unit or other Partnership Interest, as of a date selected by the General Partner, a report containing
unaudited financial statements of the Partnership and such other information as may be required by applicable law, regulation or rule of any National Securities Exchange on which the Units are listed or admitted to trading, or as the General Partner
determines to be necessary or appropriate. 
 ARTICLE IX 

TAX MATTERS 

Section 9.1 Tax Returns and Information. The Partnership shall timely file all returns of the Partnership that are required for
federal, state and local income tax purposes on the basis of the accrual method and the taxable period or year that it is required by law to adopt, from time to time, as determined by the General Partner. In the event the Partnership is required to
use a taxable period other than a year ending on December 31, the General Partner shall use reasonable efforts to change the taxable period of the Partnership to a year ending on December 31. The tax information reasonably required by
Record Holders for federal, state and local income tax reporting purposes with respect to a taxable period shall be furnished to them within 90 days of the close of the calendar year in which the Partnership’s taxable period ends. The
classification, realization and recognition of income, gain, losses and deductions and other items shall be on the accrual method of accounting for U.S. federal income tax purposes. 

Section 9.2 Tax Elections. 

(a) The Partnership shall make the election under Section 754 of the Code in accordance with applicable regulations thereunder, subject to
the reservation of the right to seek to revoke any such election upon the General Partner’s determination that such revocation is in the best interests of the Limited Partners. Notwithstanding any other provision herein contained, for the
purposes of computing the adjustments under Section 743(b) of the Code, the General Partner shall be authorized (but not required) to adopt a convention whereby the price paid by a transferee of a Limited Partner Interest will be deemed to be
the lowest quoted closing price of the Limited Partner Interests on any National Securities Exchange on which such Limited Partner Interests are listed or admitted to trading during the calendar month in which such transfer is deemed to occur
pursuant to Section 6.2(f) without regard to the actual price paid by such transferee. 

  
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 (b) Except as otherwise provided herein, the General Partner shall determine whether the
Partnership should make any other elections permitted by the Code. 
 Section 9.3 Tax Controversies. Subject to the provisions
hereof, the General Partner shall designate the Organizational Limited Partner, or such other Partner as the General Partner shall designate, as the Tax Matters Partner (as defined in the Code) and is authorized and required to represent the
Partnership (at the Partnership’s expense) in connection with all examinations of the Partnership’s affairs by tax authorities, including resulting administrative and judicial proceedings, and to expend Partnership funds for professional
services and costs associated therewith. Each Partner agrees to cooperate with the General Partner and to do or refrain from doing any or all things reasonably required by the General Partner to conduct such proceedings. 

Section 9.4 Withholding; Tax Payments. 

(a) The General Partner may treat taxes paid by the Partnership on behalf of, all or less than all of the Partners, either as a distribution of
cash to such Partners or as a general expense of the Partnership, as determined appropriate under the circumstances by the General Partner. 

(b) Notwithstanding any other provision of this Agreement, the General Partner is authorized to take any action that may be required to cause
the Partnership and other Group Members to comply with any withholding requirements established under the Code or any other federal, state or local law including pursuant to Sections 1441, 1442, 1445 and 1446 of the Code. To the extent that the
Partnership is required or elects to withhold and pay over to any taxing authority any amount resulting from the allocation or distribution of income or from a distribution to any Partner (including by reason of Section 1446 of the Code), the
General Partner may treat the amount withheld as a distribution of cash pursuant to Section 6.3 in the amount of such withholding from such Partner. 

ARTICLE X 
 ADMISSION OF
PARTNERS 
 Section 10.1 Admission of Limited Partners. 

(a) A Person shall be admitted as a Limited Partner and shall become bound by the terms of this Agreement if such Person purchases or otherwise
lawfully acquires any Limited Partner Interest and becomes the Record Holder of such Limited Partner Interests in accordance with the provisions of Article IV or Article V hereof. Upon the issuance by the Partnership of Class A Units and Class
B Units to NSLP, Deylau and Signature, such parties will be automatically admitted to the Partnership as Initial Limited Partners in respect of the Class A Units or Class B Units issued to them. 

  
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 (b) By acceptance of the transfer of any Limited Partner Interests in accordance with Article IV
or the acceptance of any Limited Partner Interests issued pursuant to Article V or pursuant to a merger or consolidation or conversion pursuant to Article XIV, and except as provided in Section 4.8, each transferee of, or other such Person
acquiring, a Limited Partner Interest (including any nominee holder or an agent or representative acquiring such Limited Partner Interests for the account of another Person) (i) shall be admitted to the Partnership as a Limited Partner with
respect to the Limited Partner Interests so transferred or issued to such Person when any such transfer or admission is reflected in the books and records of the Partnership and such Limited Partner becomes the Record Holder of the Limited Partner
Interests so transferred, (ii) shall become bound, and shall be deemed to have agreed to be bound, by the terms of this Agreement, (iii) represents that the transferee or other recipient has the capacity, power and authority to enter into
this Agreement, and (iv) makes the consents, acknowledgements and waivers contained in this Agreement, all with or without execution of this Agreement by such Person. The transfer of any Limited Partner Interests and the admission of any new
Limited Partner shall not constitute an amendment to this Agreement. A Person may become a Limited Partner or Record Holder of a Limited Partner Interest without the consent or approval of any of the Partners. A Person may not become a Limited
Partner without acquiring a Limited Partner Interest and until such Person is reflected in the books and records of the Partnership as the Record Holder of such Limited Partner Interest. 

(c) The name and mailing address of each Record Holder shall be listed on the books and records of the Partnership maintained for such purpose
by the Partnership or the Transfer Agent. The General Partner shall update the books and records of the Partnership from time to time as necessary to reflect accurately the information therein (or shall cause the Transfer Agent to do so, as
applicable). A Limited Partner Interest may be represented by a Certificate, as provided in Section 4.1. 
 (d) Any transfer of a
Limited Partner Interest shall not entitle the transferee to share in the profits and losses, to receive distributions, to receive allocations of income, gain, loss, deduction or credit or any similar item or to any other rights to which the
transferor was entitled until the transferee becomes a Limited Partner pursuant to Section 10.1(b). 
 Section 10.2 Admission
of Successor General Partner. A successor General Partner approved pursuant to Section 11.1 or Section 11.2 or the transferee of or successor to all of the General Partner Interest pursuant to Section 4.6 who is proposed to be
admitted as a successor General Partner shall be admitted to the Partnership as the General Partner, effective immediately prior to the withdrawal or removal of the predecessor or transferring General Partner, pursuant to Section 11.1 or 11.2
or the transfer of the General Partner Interest pursuant to Section 4.6, provided, however, that no such successor shall be admitted to the Partnership until compliance with the terms of Section 4.6 has occurred and such successor
has executed and delivered such other documents or instruments as may be required to effect such admission. Any such successor shall, subject to the terms hereof, carry on the business of the members of the Partnership Group without dissolution.

 Section 10.3 Amendment of Agreement and Certificate of Limited Partnership. To effect the admission to the Partnership of any
Partner, the General Partner shall take all steps necessary or appropriate under the Delaware Act to amend the records of the Partnership to reflect such admission and, if necessary, to prepare as soon as practicable an amendment to this Agreement
and, if required by law, the General Partner shall prepare and file an amendment to the Certificate of Limited Partnership. 

  
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 ARTICLE XI 

DISSOLUTION AND LIQUIDATION 

Section 11.1 Dissolution. The Partnership shall not be dissolved by the admission of additional Limited Partners in accordance
with the terms of this Agreement. Subject to Section 11.2, the Partnership shall dissolve, and its affairs shall be wound up, upon: 

(a) an election to dissolve the Partnership by the General Partner that is approved by a Unit Majority; 

(b) the entry of a decree of judicial dissolution of the Partnership pursuant to the provisions of the Delaware Act; or 

(c) at any time there are no Limited Partners, unless the Partnership is continued without dissolution in accordance with the Delaware Act.

 Section 11.2 Liquidator. Upon dissolution of the Partnership, the General Partner shall select one or more Persons to act as
Liquidator. The Liquidator (if other than the General Partner or an Affiliate of the General Partner) shall be entitled to receive such compensation for its services as may be approved by holders of at least a majority of the Outstanding
Class A Units. The Liquidator (if other than the General Partner) shall agree not to resign at any time without 15 days’ prior notice and may be removed at any time, with or without cause, by notice of removal approved by holders of at
least a majority of the Outstanding Class A Units. Upon dissolution, removal or resignation of the Liquidator, a successor and substitute Liquidator (who shall have and succeed to all rights, powers and duties of the original Liquidator) shall
within 30 days thereafter be approved by holders of at least a majority of the Outstanding Class A Units. The right to approve a successor or substitute Liquidator in the manner provided herein shall be deemed to refer also to any such
successor or substitute Liquidator approved in the manner herein provided. Except as expressly provided in this Article XI, the Liquidator approved in the manner provided herein shall have and may exercise, without further authorization or consent
of any of the parties hereto, all of the powers conferred upon the General Partner under the terms of this Agreement (but subject to all of the applicable limitations, contractual and otherwise, upon the exercise of such powers, other than the
limitation on sale set forth in Section 7.4) necessary or appropriate to carry out the duties and functions of the Liquidator hereunder for and during the period of time required to complete the winding up and liquidation of the Partnership as
provided for herein. 
 Section 11.3 Liquidation. The Liquidator shall proceed to dispose of the assets of the Partnership,
discharge its liabilities, and otherwise wind up its affairs in such manner and over such period as determined by the Liquidator, subject to Section 17-804 of the Delaware Act and the following: 

  
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 (a) The assets may be disposed of by public or private sale or by distribution in kind to one or
more Partners on such terms as the Liquidator and such Partner or Partners may agree. If any property is distributed in kind, the Partner receiving the property shall be deemed for purposes of Section 11.3(c) to have received cash equal to its
fair market value; and contemporaneously therewith, appropriate cash distributions must be made to the other Partners. The Liquidator may defer liquidation or distribution of the Partnership’s assets for a reasonable time if it determines that
an immediate sale or distribution of all or some of the Partnership’s assets would be impractical or would cause undue loss to the Partners. The Liquidator may distribute the Partnership’s assets, in whole or in part, in kind if it
determines that a sale would be impractical or would cause undue loss to the Partners. 
 (b) Liabilities of the Partnership include amounts
owed to the Liquidator as compensation for serving in such capacity (subject to the terms of Section 11.2) and amounts to Partners otherwise than in respect of their distribution rights under Article VI. With respect to any liability that is
contingent, conditional or unmatured or is otherwise not yet due and payable, the Liquidator shall either settle such claim for such amount as it thinks appropriate or establish a reserve of cash or other assets to provide for its payment. When
paid, any unused portion of the reserve shall be distributed as additional liquidation proceeds. 
 (c) All property and all cash in excess
of that required to discharge liabilities as provided in Section 11.3(b) shall be distributed to the Partners in accordance with, and to the extent of, the positive balances in their respective Capital Accounts, as determined after taking into
account all Capital Account adjustments (other than those made by reason of distributions pursuant to this Section 11.3(c)) for the taxable period of the Partnership during which the liquidation of the Partnership occurs (with such date of
occurrence being determined pursuant to Treasury Regulation Section 1.704-1(b)(2)(ii)(g)), and such distribution shall be made by the end of such taxable period (or, if later, within 90 days after said date of such occurrence). 

Section 11.4 Cancellation of Certificate of Limited Partnership. Upon the completion of the distribution of Partnership cash and
property as provided in Section 11.3 in connection with the liquidation of the Partnership, the Certificate of Limited Partnership and all qualifications of the Partnership as a foreign limited partnership in jurisdictions other than the State
of Delaware shall be canceled and such other actions as may be necessary to terminate the Partnership shall be taken. 
 Section 11.5
Return of Contributions. The General Partner shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate, the return of the Capital Contributions
of the Limited Partners or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Partnership assets. 

Section 11.6 Waiver of Partition. To the maximum extent permitted by law, each Partner hereby waives any right to partition of the
Partnership property. 
 Section 11.7 Capital Account Restoration. No Limited Partner shall have any obligation to restore any
negative balance in its Capital Account upon liquidation of the Partnership. The General Partner shall be obligated to restore any negative balance in its Capital Account upon liquidation of its interest in the Partnership by the end of the taxable
period of the Partnership during which such liquidation occurs, or, if later, within 90 days after the date of such liquidation. 

  
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 ARTICLE XII 

AMENDMENT OF PARTNERSHIP AGREEMENT 

Section 12.1 Amendments of Partnership Agreement. 

(a) Except as otherwise expressly provided elsewhere in this Agreement, this Agreement shall not be amended, modified, superseded or restated
except by an amendment approved by the General Partner. Without limiting the generality of the foregoing, and except as otherwise set forth in this Section 12.1(a), this Agreement may be amended without the consent or approval of any Limited
Partner. 
 (b) The General Partner shall cause to be prepared and filed any amendment to the Certificate that may be required to be filed
under the Act as a consequence of any amendment to this Agreement. 
 (c) Any modification or amendment to this Agreement or the Certificate
made in accordance with this Section 12.1 shall be binding on all Partners. 
 ARTICLE XIII 

MERGER OR CONSOLIDATION 

Section 13.1 Authority. The Partnership may merge or consolidate with or into one or more corporations, limited liability
companies, statutory trusts or associations, real estate investment trusts, common law trusts or unincorporated businesses, including a partnership (whether general or limited (including a limited liability partnership)) or convert into any such
entity, whether such entity is formed under the laws of the State of Delaware or any other state of the United States of America, pursuant to a written plan of merger or consolidation (“Merger Agreement”) in accordance with
this Article XIII. 
 Section 13.2 Procedure for Merger or Consolidation. 

(a) Merger or consolidation of the Partnership pursuant to this Article XIII requires the prior consent of the General Partner, provided,
however, that, to the fullest extent permitted by law, the General Partner shall have no duty or obligation to consent to any merger or consolidation of the Partnership and may decline to do so free of any fiduciary duty or obligation whatsoever
to the Partnership, any Limited Partner and, in declining to consent to a merger or consolidation, shall not be required to act in good faith or pursuant to any other standard imposed by this Agreement, any other agreement contemplated hereby or
under the Delaware Act or any other law, rule or regulation or at equity. 

  
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 (b) If the General Partner shall determine to consent to the merger or consolidation, the General
Partner shall approve the Merger Agreement, which shall set forth: 
 (i) the name and jurisdiction of formation or organization of each of
the business entities proposing to merge or consolidate; 
 (ii) the name and jurisdiction of formation or organization of the business
entity that is to survive the proposed merger or consolidation (the “Surviving Business Entity”); 
 (iii) the terms
and conditions of the proposed merger or consolidation; 
 (iv) the manner and basis of exchanging or converting the equity interests of each
constituent business entity for, or into, cash, property or interests, rights, securities or obligations of the Surviving Business Entity; and (i) if any interests, securities or rights of any constituent business entity are not to be exchanged
or converted solely for, or into, cash, property or interests, rights, securities or obligations of the Surviving Business Entity, then the cash, property or interests, rights, securities or obligations of any general or limited partnership,
corporation, trust, limited liability company, unincorporated business or other entity (other than the Surviving Business Entity) which the holders of such interests, securities or rights are to receive in exchange for, or upon conversion of their
interests, securities or rights, and (ii) in the case of equity interests represented by certificates, upon the surrender of such certificates, which cash, property or interests, rights, securities or obligations of the Surviving Business
Entity or any general or limited partnership, corporation, trust, limited liability company, unincorporated business or other entity (other than the Surviving Business Entity), or evidences thereof, are to be delivered; 

(v) a statement of any changes in the constituent documents or the adoption of new constituent documents (the articles or certificate of
incorporation, articles of trust, declaration of trust, certificate or agreement of limited partnership, certificate of formation or limited liability company agreement or other similar charter or governing document) of the Surviving Business Entity
to be effected by such merger or consolidation; 
 (vi) the effective time of the merger, which may be the date of the filing of the
certificate of merger pursuant to Section 13.4 or a later date specified in or determinable in accordance with the Merger Agreement (provided, that if the effective time of the merger is to be later than the date of the filing of such
certificate of merger, the effective time shall be fixed at a date or time certain and stated in the certificate of merger); and 
 (vii)
such other provisions with respect to the proposed merger or consolidation that the General Partner determines to be necessary or appropriate. 

Section 13.3 Approval by Limited Partners. 

(a) Except as provided in Section 13.3(d), the General Partner, upon its approval of the Merger Agreement shall direct that the Merger
Agreement and the merger or consolidation contemplated thereby, as applicable, be submitted to a vote of Limited Partners other than the holders of Class B Units, whether at a special meeting or by written consent. A copy or a summary of the Merger
Agreement, as the case may be, shall be included in or enclosed with the notice of a special meeting or the written consent. 

  
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 (b) Except as provided in Sections 13.3(d) and 13.3(e), the Merger Agreement shall be approved
upon receiving the affirmative vote or consent of the holders of a Unit Majority unless the Merger Agreement contains any provision that, if contained in an amendment to this Agreement, the provisions of this Agreement or the Delaware Act would
require for its approval the vote or consent of a greater percentage of the Outstanding Units or of any class of Limited Partners, in which case such greater percentage vote or consent shall be required for approval of the Merger Agreement. 

(c) Except as provided in Sections 13.3(d) and 13.3(e), after such approval by vote or consent of the Limited Partners other than the holders
of Class B Units, and at any time prior to the filing of the certificate of merger pursuant to Section 13.4, the merger or consolidation may be abandoned pursuant to provisions therefor, if any, set forth in the Merger Agreement. 

(d) Notwithstanding anything else contained in this Article XIII or in this Agreement, the General Partner is permitted, without Limited
Partner approval, to convert the Partnership or any Group Member into a new limited liability entity, to merge the Partnership or any Group Member into, or convey all of the Partnership’s assets to, another limited liability entity that shall
be newly formed and shall have no assets, liabilities or operations at the time of such merger or conveyance other than those it receives from the Partnership or other Group Member if (i) the General Partner has received an Opinion of Counsel
that the merger or conveyance, as the case may be, would not result in the loss of the limited liability under the Delaware Act of any Limited Partner or cause the Partnership or any Group Member to be treated as an association taxable as a
corporation or otherwise to be taxed as an entity for U.S. federal income tax purposes (to the extent not already treated as such), (ii) the sole purpose of such merger, or conveyance is to effect a mere change in the legal form of the
Partnership into another limited liability entity and (iii) the governing instruments of the new entity provide the Limited Partners and the General Partner with substantially the same rights and obligations as are herein contained. 

(e) Additionally, notwithstanding anything else contained in this Article XIII or in this Agreement, the General Partner is permitted, without
Limited Partner approval, to merge or consolidate the Partnership with or into another entity if (A) the General Partner has received an Opinion of Counsel that the merger or consolidation, as the case may be, would not result in the loss of
the limited liability under the Delaware Act of any Limited Partner or cause the Partnership or any Group Member to be treated as an association taxable as a corporation or otherwise to be taxed as an entity for U.S. federal income tax purposes (to
the extent not already treated as such), (B) the merger or consolidation would not result in an amendment to this Agreement, other than any amendments that could be adopted pursuant to Section 12.1, (C) the Partnership is the
Surviving Business Entity in such merger or consolidation, (D) each Partnership Interest outstanding immediately prior to the effective date of the merger or consolidation is to be an identical Partnership Interest of the Partnership after the
effective date of the merger or consolidation, and (E) the number of Partnership Interests to be issued by the Partnership in such merger or consolidation does not exceed 20% of the Partnership Interests (other than Class B Units) Outstanding
immediately prior to the effective date of such merger or consolidation. 

  
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 (f) Pursuant to Section 17-211(g) of the Delaware Act, an agreement of merger or
consolidation approved in accordance with this Article XIII may (a) effect any amendment to this Agreement or (b) effect the adoption of a new partnership agreement for the Partnership if it is the Surviving Business Entity. Any such
amendment or adoption made pursuant to this Section 13.3 shall be effective at the effective time or date of the merger or consolidation. 

Section 13.4 Certificate of Merger. Upon the required approval by the General Partner and the Unitholders of a Merger Agreement, a
certificate of merger shall be executed and filed with the Secretary of State of the State of Delaware in conformity with the requirements of the Delaware Act. 

Section 13.5 Effect of Merger or Consolidation. 

(a) At the effective time of the certificate of merger: 

(i) all of the rights, privileges and powers of each of the business entities that has merged or consolidated, and all property, real, personal
and mixed, and all debts due to any of those business entities and all other things and causes of action belonging to each of those business entities, shall be vested in the Surviving Business Entity and after the merger or consolidation shall be
the property of the Surviving Business Entity to the extent they were of each constituent business entity; 
 (ii) the title to any real
property vested by deed or otherwise in any of those constituent business entities shall not revert and is not in any way impaired because of the merger or consolidation; 

(iii) all rights of creditors and all liens on or security interests in property of any of those constituent business entities shall be
preserved unimpaired; and 
 (iv) all debts, liabilities and duties of those constituent business entities shall attach to the Surviving
Business Entity and may be enforced against it to the same extent as if the debts, liabilities and duties had been incurred or contracted by it. 

ARTICLE XIV 
 GENERAL
PROVISIONS 
 Section 14.1 Addresses and Notices; Written Communications. 

(a) Any notice, demand, request, report or proxy materials required or permitted to be given or made to a Partner under this Agreement shall be
in writing and shall be deemed given or made when delivered in person or when sent by first class United States mail or by other means of written communication to the Partner at the address described below. Any notice, payment or report to be given
or made to a Partner hereunder shall be deemed conclusively to have been given or made, and the obligation to give such notice or report or to make such payment shall be deemed conclusively to have been fully satisfied, upon sending of such notice,
payment or report to the Record Holder of such Partnership Interests at his address as shown on the records of the Transfer Agent or as otherwise shown on the records of the Partnership, regardless of any claim

  
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of any Person who may have an interest in such Partnership Interests by reason of any assignment or otherwise. Notwithstanding the foregoing, if (i) a Partner shall consent to receiving
notices, demands, requests, reports or proxy materials via electronic mail or by the Internet or (ii) the rules of the Commission shall permit any report or proxy materials to be delivered electronically or made available via the Internet, any
such notice, demand, request, report or proxy materials shall be deemed given or made when delivered or made available via such mode of delivery. An affidavit or certificate of making of any notice, payment or report in accordance with the
provisions of this Section 14.1 executed by the General Partner, the Transfer Agent or the mailing organization shall be prima facie evidence of the giving or making of such notice, payment or report. If any notice, payment or report given or
made in accordance with the provisions of this Section 14.1 is returned marked to indicate that such notice, payment or report was unable to be delivered, such notice, payment or report and, in the case of notices, payments or reports returned
by the United States Postal Service (or other physical mail delivery mail service outside the United States of America), any subsequent notices, payments and reports shall be deemed to have been duly given or made without further mailing (until such
time as such Record Holder or another Person notifies the Transfer Agent or the Partnership of a change in his address) or other delivery if they are available for the Partner at the principal office of the Partnership for a period of one year from
the date of the giving or making of such notice, payment or report to the other Partners. Any notice to the Partnership shall be deemed given if received by the General Partner at the principal office of the Partnership designated pursuant to
Section 2.3. The General Partner may rely and shall be protected in relying on any notice or other document from a Partner or other Person if believed by it to be genuine. 

(b) The terms “in writing”, “written communications,” “written notice” and words of similar import shall be
deemed satisfied under this Agreement by use of e-mail and other forms of electronic communication. 
 Section 14.2 Further
Action. The parties shall execute and deliver all documents, provide all information and take or refrain from taking action as may be necessary or appropriate to achieve the purposes of this Agreement. 

Section 14.3 Binding Effect. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their heirs,
executors, administrators, successors, legal representatives and permitted assigns. 
 Section 14.4 Integration. This Agreement
constitutes the entire agreement among the parties hereto pertaining to the subject matter hereof and supersedes all prior agreements and understandings pertaining thereto. 

Section 14.5 Creditors. None of the provisions of this Agreement shall be for the benefit of, or shall be enforceable by, any
creditor of the Partnership. 
 Section 14.6 Waiver. No failure by any party to insist upon the strict performance of any
covenant, duty, agreement or condition of this Agreement or to exercise any right or remedy consequent upon a breach thereof shall constitute waiver of any such breach of any other covenant, duty, agreement or condition. 

  
 64 

 Section 14.7 Third-Party Beneficiaries. Each Partner agrees that (a) any
Indemnitee shall be entitled to assert rights and remedies hereunder as a third-party beneficiary hereto with respect to those provisions of this Agreement affording a right, benefit or privilege to such Indemnitee and (b) any Unrestricted
Person shall be entitled to assert rights and remedies hereunder as a third-party beneficiary hereto with respect to those provisions of this Agreement affording a right, benefit or privilege to such Unrestricted Person. 

Section 14.8 Counterparts. This Agreement may be executed in counterparts, all of which together shall constitute an agreement
binding on all the parties hereto, notwithstanding that all such parties are not signatories to the original or the same counterpart. Each party shall become bound by this Agreement immediately upon affixing its signature hereto or, in the case of a
Person acquiring a Limited Partner Interest, pursuant to Section 10.1(a) without execution hereof. 
 Section 14.9 Applicable
Law; Forum, Venue and Jurisdiction; Waiver of Trial by Jury. 
 (a) This Agreement shall be construed in accordance with and governed by
the laws of the State of Delaware, without regard to the principles of conflicts of law. 
 (b) Each of the Partners and each Person holding
any beneficial interest in the Partnership (whether through a broker, dealer, bank, trust company or clearing corporation or an agent of any of the foregoing or otherwise): 

(i) irrevocably agrees that any claims, suits, actions or proceedings (A) arising out of or relating in any way to this Agreement
(including any claims, suits or actions to interpret, apply or enforce the provisions of this Agreement or the duties, obligations or liabilities among Partners or of Partners to the Partnership, or the rights or powers of, or restrictions on, the
Partners or the Partnership), (B) brought in a derivative manner on behalf of the Partnership, (C) asserting a claim of breach of a fiduciary duty owed by any director, officer, or other employee of the Partnership or the General Partner,
or owed by the General Partner, to the Partnership or the Partners, (D) asserting a claim arising pursuant to any provision of the Delaware Act or (E) asserting a claim governed by the internal affairs doctrine shall be exclusively brought
in the Court of Chancery of the State of Delaware (or, if such court does not have subject matter jurisdiction thereof, any other court located in the State of Delaware with subject matter jurisdiction), in each case regardless of whether such
claims, suits, actions or proceedings sound in contract, tort, fraud or otherwise, are based on common law, statutory, equitable, legal or other grounds, or are derivative or direct claims; 

(ii) irrevocably submits to the exclusive jurisdiction of the Court of Chancery of the State of Delaware (or, if such court does not have
subject matter jurisdiction thereof, any other court located in the State of Delaware with subject matter jurisdiction) in connection with any such claim, suit, action or proceeding; 

(iii) agrees not to, and waives any right to, assert in any such claim, suit, action or proceeding that (A) it is not personally subject
to the jurisdiction of the Court of Chancery of the State of Delaware or of any other court to which proceedings in the Court of Chancery of the State of Delaware may be appealed, (B) such claim, suit, action or proceeding is brought in an
inconvenient forum, or (C) the venue of such claim, suit, action or proceeding is improper; 

  
 65 

 (iv) expressly waives any requirement for the posting of a bond by a party bringing such claim,
suit, action or proceeding; and 
 (v) consents to process being served in any such claim, suit, action or proceeding by mailing, certified
mail, return receipt requested, a copy thereof to such party at the address in effect for notices hereunder, and agrees that such services shall constitute good and sufficient service of process and notice thereof; provided, nothing in clause
(v) hereof shall affect or limit any right to serve process in any other manner permitted by law. 
 Section 14.10 Invalidity
of Provisions. If any provision or part of a provision of this Agreement is or becomes for any reason, invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions and/or parts thereof
contained herein shall not be affected thereby and this Agreement shall, to the fullest extent permitted by law, be reformed and construed as if such invalid, illegal or unenforceable provision, or part of a provision, had never been contained
herein, and such provision or part reformed so that it would be valid, legal and enforceable to the maximum extent possible. 

Section 14.11 Consent of Partners. Each Partner hereby expressly consents and agrees that, whenever in this Agreement it is
specified that an action may be taken upon the affirmative vote or consent of less than all of the Partners, such action may be so taken upon the concurrence of less than all of the Partners and each Partner shall be bound by the results of such
action. 
 Section 14.12 Facsimile Signatures. The use of facsimile signatures affixed in the name and on behalf of the transfer
agent and registrar of the Partnership on Certificates representing Units is expressly permitted by this Agreement. 
 [REMAINDER OF THIS
PAGE INTENTIONALLY LEFT BLANK.] 

  
 66 

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

			
	GENERAL PARTNER:
	
	MCE GP, LLC
		
	By:	 	/s/ Dikran Tourian
	Name:	 	Dikran Tourian
	Title:	 	President
	
	ORGANIZATIONAL LIMITED PARTNER:
	
	MCE, LLC
		
	By:	 	/s/ Dikran Tourian
	Name:	 	Dikran Tourian
	Title:	 	Manager
	
	INITIAL LIMITED PARTNERS:
	
	NEW SOURCE ENERGY PARTNERS, L.P.
	
	By: New Source Energy GP, LLC, its general partner
		
	By:	 	/s/ Richard D. Finley
	Name:	 	Richard D. Finley
	Title:	 	Chief Financial Officer
	
	DEYLAU, LLC
		
	By:	 	/s/ Kristian B. Kos
	Name:	 	Kristian B. Kos
	Title:	 	Manager

  
 67 

			
	
	SIGNATURE INVESTMENTS, LLC
		
	By:	 	/s/ Dikran Tourian
	Name:	 	Dikran Tourian
	Title:	 	Manager

  
 68EX-10.3

 Exhibit 10.3 

Execution Version 

DIRECTOR DESIGNATION AGREEMENT 

This DIRECTOR DESIGNATION AGREEMENT, dated as of November 12, 2013 (this “Agreement”), is entered into by
and among NEW SOURCE ENERGY PARTNERS L.P., a Delaware limited partnership (the “Partnership”), NEW SOURCE ENERGY GP, LLC, a Delaware limited liability company and the general partner of the Partnership (the “General
Partner” and together with the Partnership, the “Partnership Parties”), DEYLAU, LLC, a Delaware limited liability company (“Deylau”) and SIGNATURE INVESTMENTS, LLC, an Oklahoma limited liability company
(“Signature” and together with Deylau, the “Designators”). 
 Recitals 

WHEREAS, pursuant to the Contribution Agreement by and among the Partnership, the Designators, MCE, LLC, a Delaware limited liability company
(the “Contributor”), and certain other parties dated as of November 12, 2013 (the “Contribution Agreement”), the Designators will receive 100 Class B Units (the “Class B Units”) in MCE, LP, a
Delaware limited partnership (“MCE”) in exchange for the Contributor’s contribution of its limited partner interest in MCE to the Partnership; 

WHEREAS, to induce the Designators to enter into the Contribution Agreement and the transactions contemplated thereby, the Partnership Parties
are required to deliver this Agreement, duly executed by each of them, to the Designators contemporaneously with the Closing of the transaction contemplated by the Contribution Agreement; 

WHEREAS, the Designators’ continued investment in MCE pursuant to the Contribution Agreement is reasonably expected to benefit the
Partnership; and 
 WHEREAS, the Partnership Parties believe it to be in their best interests, and the Designators believe it to be in their
best interests, to have certain agreements in respect of the Designators’ right to designate a member of the board of directors of the General Partner (the “Board”) pursuant to the terms of this Agreement. 

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: 
 Agreement 

Section 1. Definitions. 

Capitalized terms used in this Agreement and not defined herein shall have the meanings ascribed to such terms in the Contribution Agreement.
As used in this Agreement, the following terms have the meanings indicated: 
 “Agreement” shall have the meaning specified
in the introductory paragraph of this Agreement. 
 “Board” shall have the meaning specified in the Recitals to this
Agreement. 

 “Class B Units” shall have the meaning specified in the Recitals to this
Agreement. 
 “Contribution Agreement” shall have the meaning specified in the Recitals to this Agreement. 

“Contributor” shall have the meaning specified in the Recitals to this Agreement. 

“Designated Director” shall have the meaning specified in Section 2(a) of this Agreement. 

“Designators” shall have the meaning specified in the introductory paragraph of this Agreement. 

“Deylau” shall have the meaning specified in the introductory paragraph of this Agreement. 

“General Partner” shall have the meaning specified in the introductory paragraph of this Agreement. 

“General Partner LLC Agreement” means the Amended and Restated Limited Liability Company Agreement of the General Partner
dated as of February 13, 2013, as amended from time to time. 
 “MCE” shall have the meaning specified in the Recitals
to this Agreement. 
 “NYSE” means the New York Stock Exchange. 

“Partnership” shall have the meaning specified in the introductory paragraph of this Agreement. 

“Partnership Parties” shall have the meaning specified in the introductory paragraph of this Agreement. 

“Resignation Event” means (i) that the Designated Director (A) is prohibited or disqualified from serving as a
director of the Partnership under any rule or regulation of the Commission, the NYSE or by applicable Law; (B) has engaged in acts or omissions constituting a breach of the Designated Director’s duty of loyalty to the Partnership Parties
or their members or partners, respectively; (C) has engaged in acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of Law; or (D) has engaged in any transaction from which the Designated
Director derived an improper personal benefit or (ii) a Termination Event. 
 “Signature” shall have the meaning
specified in the introductory paragraph of this Agreement. 
 “Termination Event” means the Designators and their
respective Affiliates collectively holding fewer than 50 Class B Units. 

  
 2 

 Section 2. Director Designation Rights. 

(a) On or prior to the date hereof, Deylau shall adopt resolutions in its capacity as controlling member of the General Partner, that
(i) increase the number of natural persons that constitute the whole Board by one (1) person and (ii) fill the vacancy created by virtue of such increase in the size of the Board with an individual designated by the Designators (the
“Designated Director”), pursuant to Section 6.2(a)(ii) of the General Partner LLC Agreement; provided, however, that the Designated Director shall, in the sole judgment of the General Partner, (i) have the
requisite skill and experience to serve as a director of a publicly traded company, (ii) not be prohibited or disqualified from serving as a director pursuant to any rule or regulation of the Commission, the NYSE or by applicable Law and
(iii) otherwise be reasonably acceptable to the Partnership Parties. The Designators and the Designated Director agree to timely provide the Partnership Parties with accurate and complete information relating to the Designators and the
Designated Director that may be required to be disclosed by the Partnership under the Securities and Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder. In addition, at the Partnership’s request, the
Designators shall cause the Designated Director to complete and execute the Partnership’s Standard Director and Officer Questionnaire prior to being admitted to the Board or standing for reelection to the Board or at such other time as may be
requested by the Partnership. 
 (b) The Designated Director will hold office until (i) his or her term expires and such Designated
Director’s successor designated by the Designators has been duly appointed and qualified or (ii) such Designated Director’s earlier death, resignation or removal. For the avoidance of doubt, for so long as Deylau is the controlling
member of the General Partner, Kristian B. Kos shall not be deemed to be the Designated Director. 
 (c) Prior to a Termination Event: 

(i) any Designated Director may be removed pursuant to Section 6.2(b) of the General Partner LLC Agreement. Any vacancy
created by such removal, by the death or resignation of the Designated Director or upon the expiration of the term of the Designated Director shall be filled by the Board with an individual designated by the Designators who, subject to the
conditions of Section 2(a) of this Agreement, shall become the Designated Director; and 
 (ii) upon written
notice from the Partnership to the Designators that a Resignation Event has occurred, which notice shall set forth in reasonable detail the facts and circumstances constituting the Resignation Event, the Designators will cause the Designated
Director then serving as a member of the Board to resign as a member of the Board within two (2) Business Days of such written notice, and any vacancy created by such resignation shall be filled by the Board with an individual designated by the
Designators who, subject to the conditions of Section 2(a) of this Agreement, shall become the Designated Director. 
 (d) Any
action by the Designators to designate or replace the Designated Director shall be evidenced in writing furnished to the Partnership Parties and shall be signed by or on behalf of the Designators. Notwithstanding the foregoing, the Designators and
the Partnership Parties agree that the initial Designated Director nominee shall be Dikran Tourian, and no separate action by Deylau to designate such initial Designated Director shall be required. 

  
 3 

 (e) Prior to designating a Designated Director, the Designators shall enter into a written
agreement with the Designated Director whereby such Designated Director agrees to resign as a member of the Board upon a Resignation Event. The Designators acknowledge and agree that such an agreement is in the best interest of the Partnership
Parties and the Designators, and that the Partnership Parties shall be third party beneficiaries of the terms and conditions of such an agreement, and the Partnership Parties shall have the right to enforce such an agreement to the same extent as
the parties thereto. 
 (f) The Partnership Parties shall not take any action that would lessen, restrict, prevent or otherwise have an
adverse effect upon the foregoing rights of the Designators to Board representation; provided, however, that Partnership Parties shall not be prohibited from taking such action that the Board determines (i) may be necessary or
appropriate to (A) comply with any rule or regulation of the Commission or the NYSE, (B) comply with applicable Law or (C) facilitate trading of the Partnership’s Common Units on the NYSE; or (ii) is required to effect the
intent of the provisions of the General Partner LLC Agreement. 
 Section 3. Termination of Director Designation Rights. Upon
the occurrence of a Termination Event, the Designators’ right to designate the Designated Director shall automatically terminate, and the Designators shall cause the Designated Director then serving as a member of the Board, promptly upon (and
in any event within two (2) Business Days following) receipt of a written request from the Partnership Parties, to resign as a member of the Board. 

Section 4. Director Indemnification. At all times while the Designated Director is serving as a member of the Board, and following
any such Designated Director’s death, resignation, removal or other cessation as a director, in such former Designated Director’s capacity as a former director, each Designated Director shall be entitled to all rights to indemnification
and exculpation as are then made available to any other member of the Board. 
 Section 5. Miscellaneous. 

(a) Unit Measurements. Notwithstanding anything herein to the contrary, all measurements and references in this Agreement related to
Class B Units or amounts shall be, in each instance, appropriately adjusted for unit splits, unit combinations, unit distributions and the like. 

(b) Entire 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 Parties or any of their Affiliates or the Designators or any of their Affiliates set forth herein. This Agreement supersedes all prior agreements and understandings between the parties with respect to
the subject matter hereof. 

  
 4 

 (c) Notices. All notices and demands provided for in this Agreement shall be in writing
and shall be given as provided in Section 11.01 of the Contribution Agreement. 
 (d) Interpretation. Section and Schedule
references in this Agreement are references to the corresponding Section or Schedule to this Agreement, unless otherwise specified. All references to instruments, documents, contracts and agreements are references to such instruments, documents,
contracts and agreements as the same may be amended, supplemented and otherwise modified from time to time, unless otherwise specified. The word “including” shall mean “including but not limited to” and shall not be construed to
limit any general statement that it follows to the specific or similar items or matters immediately following it. Whenever any determination, consent or approval is to be made or given by a party, such action shall be in such party’s sole
discretion, unless otherwise specified in this Agreement. If any provision in this Agreement is held to be illegal, invalid, not binding or unenforceable, (i) such provision shall be fully severable and this Agreement shall be construed and
enforced as if such illegal, invalid, not binding or unenforceable provision had never comprised a part of this Agreement, and the remaining provisions shall remain in full force and effect and (ii) the parties hereto shall negotiate in good
faith to modify this Agreement so as to effect the original intent of the parties as closely as possible in an acceptable manner in order that the transactions contemplated hereby are consummated as originally contemplated to the greatest extent
possible. When calculating the period of time before which, within which or following which any act is to be done or step taken pursuant to this Agreement, the date that is the reference date in calculating such period shall be excluded. If the last
day of such period is a non-Business Day, the period in question shall end on the next succeeding Business Day. Any words imparting the singular number only shall include the plural and vice versa. The words such as “herein,”
“hereinafter,” “hereof” and “hereunder” refer to this Agreement as a whole and not merely to a subdivision in which such words appear unless the context otherwise requires. The division of this Agreement into Sections
and other subdivisions and the insertion of headings are for convenience of reference only and shall not affect or be utilized in construing or interpreting this Agreement. 

(e) Governing Law; Submission to Jurisdiction. This Agreement, and all claims or causes of action (whether in contract or tort) that may
be based upon, arise out of or relate to this Agreement or the negotiation, execution or performance of this Agreement (including any claim or cause of action based upon, arising out of or related to any representation or warranty made in or in
connection with this Agreement), will be construed in accordance with and governed by the Laws of the State of Delaware without regard to principles of conflicts of Laws. Any action against any party relating to the foregoing shall be brought in any
federal or state court of competent jurisdiction located within the State of Delaware, and the parties hereto hereby irrevocably submit to the non-exclusive jurisdiction of any federal or state court located within the State of Delaware over any
such action. Each of the parties hereby irrevocably waives, to the fullest extent permitted by applicable Law, any objection that it may now or hereafter have to the laying of venue of any such dispute brought in such court or any defense of
inconvenient forum for the maintenance of such dispute. Each of the parties hereto agrees that a judgment in any such dispute may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by Law. 

  
 5 

 (f) Waiver of Jury Trial. EACH OF THE PARTIES TO THIS AGREEMENT HEREBY WAIVES, AND AGREES
TO CAUSE ITS AFFILIATES TO WAIVE, TO THE FULLEST EXTENT PERMITTED BY LAW, ANY RIGHT TO TRIAL BY JURY OF ANY CLAIM, DEMAND, ACTION OR CAUSE OF ACTION (i) ARISING UNDER THIS AGREEMENT OR (ii) IN ANY WAY CONNECTED WITH OR RELATED OR
INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO IN RESPECT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS RELATED HERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER IN CONTRACT, TORT, EQUITY OR OTHERWISE. EACH OF THE PARTIES
TO THIS AGREEMENT HEREBY AGREES AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A JURY AND THAT THE PARTIES TO THIS AGREEMENT MAY FILE AN ORIGINAL COUNTERPART OF A COPY OF THIS AGREEMENT
WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE PARTIES HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY. 
 (g) No Waiver;
Modifications in Writing.  
 (i) Delay. No failure or delay on the part of any party in exercising any
right, power or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or remedy preclude any other or further exercise thereof or the exercise of any other right, power or remedy. The
remedies provided for herein are cumulative and are not exclusive of any remedies that may be available to a party at law or in equity or otherwise. 

(ii) Specific Waiver. Except as otherwise provided herein, no amendment, waiver, consent, modification or termination of
any provision of this Agreement shall be effective unless signed by each of the parties hereto affected by such amendment, waiver, consent, modification or termination. Any amendment, supplement or modification of or to any provision of this
Agreement, any waiver of any provision of this Agreement and any consent to any departure by a party from the terms of any provision of this Agreement shall be effective only in the specific instance and for the specific purpose for which made or
given. Except where notice is specifically required by this Agreement, no notice to or demand on a party in any case shall entitle such party to any other or further notice or demand in similar or other circumstances. Any investigation by or on
behalf of any party shall not be deemed to constitute a waiver by the party taking such action of compliance with any representation, warranty, covenant or agreement contained herein. 

(h) Execution in 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. 

(i) Binding Effect; Assignment. This Agreement will be binding upon and inure to the benefit of the parties hereto and their respective
successors and permitted assigns, but will not be assignable or delegable by any party hereto without the prior written consent of each of the other parties; provided, however, that any of the rights and obligations of the respective
Designators hereunder may be transferred or assigned in whole or in part by the 

  
 6 

 
Designators to any Affiliate of either of the Designators without the consent of the Partnership Parties; and provided, further, that such rights and obligations shall terminate and
cease to be so transferred or assigned upon any such Affiliate to which such rights and obligations are transferred or assigned no longer being an Affiliate of either of the Designators. 

(j) Independent Counsel. Each of the parties acknowledges that it has been represented by independent counsel of its choice
throughout all negotiations that have preceded the execution of this Agreement and that it has executed the same with consent and upon the advice of said independent counsel. Each party and its counsel cooperated in the drafting and preparation of
this Agreement and the documents referred to herein, and any and all drafts relating thereto will be deemed the work product of the parties and may not be construed against any party by reason of its preparation. Accordingly, any rule of Law or any
legal decision that would require interpretation of any ambiguities in this Agreement against the party that drafted it is of no application and is hereby expressly waived.  

(k) Specific Enforcement. Each of the parties acknowledges and agrees that monetary damages would not adequately compensate an
injured party for the breach of this Agreement by any party, that this Agreement shall be specifically enforceable and that any breach or threatened breach of this Agreement shall be the proper subject of a temporary or permanent injunction or
restraining order without a requirement of posting bond. Further, each party hereto waives any claim or defense that there is an adequate remedy at law for such breach or threatened breach. 

(l) Further Assurances. Each of the parties hereto shall, from time to time and without further consideration, execute such
further instruments and take such other actions as any other party hereto shall reasonably request in order to fulfill its obligations under this Agreement to effectuate the purposes of this Agreement.  

[Signature Page Follows] 

  
 7 

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

			
	NEW SOURCE ENERGY PARTNERS L.P.
		
	By:	 	/s/ Richard Finley
	Name:	 	Richard Finley
	Title:	 	Chief Financial Officer
	
	NEW SOURCE ENERGY GP, LLC
		
	By:	 	/s/ Richard Finley
	Name:	 	Richard Finley
	Title:	 	Chief Financial Officer
	
	DEYLAU, LLC
		
	By:	 	/s/ Kristian Kos
	Name:	 	Kristian Kos
	Title:	 	Manager
	
	SIGNATURE INVESTMENTS, LLC
		
	By:	 	/s/ Dikran Tourian
	Name:	 	Dikran Tourian
	Title:	 	Manager

 Signature Page to Director Designation Agreement

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