Document:

Form of Memorandum of Understanding

 Exhibit 10.6 
 FORM OF MEMORANDUM OF UNDERSTANDING 
 Dated
December     , 2012 
 WHEREAS, the undersigned participants (the “Participants”) have
been granted Unit Value Rights (“UVRs”), Unit Appreciation Rights (“UARs”), and Distribution Equivalent Rights (“DERs”) under the Western Gas Holdings, LLC Amended and Restated Equity Incentive Plan (as amended from
time to time, the “Plan”) adopted by Western Gas Holdings, LLC (the “Company”); 
 WHEREAS, Anadarko
Petroleum Corporation (“Anadarko”) holds an indirect 100% interest in Western Gas Equity Partners, LP (“WGP”); and 
 WHEREAS, in anticipation of certain events, Anadarko, the Company and the Participants desire to clarify the application of certain provisions of the Plan. 

NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, Anadarko, the Company and the Participants hereby agree to and acknowledge the following: 
  

	 	1.	Defined Terms. Capitalized terms not otherwise defined in this Memorandum of Understanding shall have the meaning ascribed to them in the Plan.

  

	 	2.	Change in Capitalization Event. The parties hereto agree and acknowledge that WGP, which owns, directly and indirectly, 100% of the equity interests of the
Company, shall be deemed to be a successor-in-interest to the Company, and that (a) the conversion of WGR Holdings, LLC into WGP and (b) an initial public offering (“IPO”) of WGP each constitute a Change in Capitalization under
the Plan. The parties hereto also agree and acknowledge that this Memorandum of Understanding constitutes notice of a Change in Capitalization in full satisfaction of Section 4(b)(iii) of the Plan and any related Award Agreement, and each
undersigned Participant hereby waives any notice or method of delivery requirements under Section 4(b)(iii) of the Plan and any related Award Agreement relating to such notice. 

 

	 	3.	Vesting of UVRs, UARs and DERs and Exercise of UARs. 

  

	 	a.	The Company and Mr. Sinclair agree and acknowledge that the day of pricing of an IPO of WGP shall be deemed to be “an initial public offering of the
Company” under his Award Agreements, and accordingly that any unvested UVRs and UARs awarded to Mr. Sinclair shall vest immediately prior to the time of payment specified in Section 3.d.iii. of this Memorandum of Understanding with
respect to such Awards and such vesting shall constitute a Unit Value Right Payment Event and a Unit Appreciation Right Vesting Event, respectively. 

	 	b.	The parties hereto agree and acknowledge that each Participant’s DERs shall vest immediately prior to the time of payment specified in Section 3.d.iii. of
this Memorandum of Understanding with respect to such Awards and such vesting shall constitute a DER Payment Event. 

  

	 	c.	Each Participant agrees and acknowledges that he or she will exercise all of his or her UARs effective immediately prior to the time of payment specified in
Section 3.d.iii. of this Memorandum of Understanding with respect to such Awards and such exercise shall constitute a “Unit Appreciation Right Payment Event.” 

 

	 	d.	The parties hereto agree and acknowledge that payment related to outstanding Awards under the Plan shall occur as follows: 

 

	 	i.	At 10:00 a.m. (Houston time) on the day prior to the closing of an IPO of WGP, the Participants shall be deemed to have delivered a notice of exercise of UARs at such
time to the Company’s General Counsel and Corporate Secretary, in full satisfaction of any notice requirement under each Participant’s Award Agreement. 

 

	 	ii.	The Value of a Unit Appreciation Right and the Value of a DER with respect to the UARs and DERs held by the Participants shall be determined pursuant to Sections 4 and
5 below, respectively. The Value of a Unit Value Right held by Mr. Sinclair shall be determined under his Award Agreement. Once such amounts are determined, each Participant shall execute an acknowledgment that the amount contained in such
acknowledgment shall constitute full satisfaction of all obligations under the Plan, and that such Participant waives any claims that he or she may have arising under the Plan. 

 

	 	iii.	At 12:00 p.m. (Houston time) on the day prior to the closing of an IPO of WGP, the Company shall pay each Participant all amounts due under the Plan.

  

	 	iv.	At 8:01 a.m. (Houston time) on the day of the closing of an IPO of WGP, and prior to the initiation of any wire transfer of the IPO proceeds to WGP, WES GP, Inc. (an
indirect, wholly owned subsidiary of Anadarko) shall be liquidated. 

  

	 	4.	 Value of a UAR. The parties hereto agree and acknowledge that the Determined Value as of the Unit Appreciation Right Payment Event specified
above shall be equal to the aggregate market value of WGP as determined using the IPO price of a common unit of WGP (the “WGP IPO Value”), except that the WGP IPO Value shall be reduced by the market value of any common units of Western
Gas Partners, LP (“WES”) 

  
 2 

	 	
owned by WGP (defined as the number of common units of WES held by WGP on the day of pricing of the WGP IPO multiplied by the closing price of a common unit of WES on the day of pricing of the
WGP IPO). The Value of a Unit Appreciation Right as of the Unit Appreciation Right Payment Event specified above shall be equal to (i) the amount determined in the first sentence of this paragraph divided by 1,000,000, less (ii) the Unit
Appreciation Right Exercise Price for the UAR contained in the Award Agreement for such UAR. 

  

	 	5.	Value of a DER. The parties hereto agree and acknowledge that the Value of a DER as of the DER Payment Event specified above shall be equal to (i) the total
aggregate amount of any distributions made by the Company to its members through the day of pricing of an IPO of WGP (net of any cash contributions received by the Company from its members in connection with the WGP IPO), divided by
(ii) 1,000,000. 

  

	 	6.	Restatements. If the Company or WGP is required to file a material accounting restatement due to the material noncompliance of the Company or WGP, as a result of
misconduct, with any financial reporting requirement under the securities laws, and if a Participant knowingly engaged in the misconduct, was grossly negligent with respect to such misconduct, or knowingly or grossly negligently failed to prevent
the misconduct (whether or not the Participant is one of the individuals subject to automatic forfeiture under Section 304 of the Sarbanes-Oxley Act of 2002), the Committee may determine that a Participant shall reimburse the Company the amount
of any payment in settlement of an Award earned or accrued during the twelve-month period following the first public issuance, filing with or submission to the United States Securities and Exchange Commission (whichever first occurred) of the
financial document embodying such financial reporting requirement. The provisions of this Section 6 shall survive the termination of the Plan and the payments made with respect to Awards pursuant to this Memorandum of Understanding.

  

	 	7.	Termination of Memorandum of Understanding. The parties hereto agree and acknowledge that (a) this Memorandum of Understanding has been developed to further
clarify the application of certain provisions of the Plan based on the currently anticipated structure of an IPO of WGP, (b) this Memorandum of Understanding shall be terminated and be null and void and of no further force and effect if an IPO
of WGP does not close on or before December     , 2012, and (c) in the event this Memorandum of Understanding is terminated pursuant to this Section 7, the terms of this Memorandum of Understanding shall have no
bearing on or precedential value for any future Memorandum of Understanding that may be entered into by the parties hereto. 

  
 3 

	 	8.	Termination of Plan. Pursuant to Section 9 of the Plan, and as determined by the Committee, the Plan shall terminate immediately upon the payment of all
Unit Appreciation Rights, Unit Value Rights and DERs outstanding under the Plan pursuant to this Memorandum of Understanding. 

 [signature page follows] 

  
 4 

 IN WITNESS WHEREOF, the undersigned have set their hands as of the date first set
forth above. 
  

			
	ANADARKO PETROLEUM CORPORATION
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	WESTERN GAS HOLDINGS, LLC
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	PARTICIPANTS:
	
	  

	
	
	  

	
	
	  

	
	
	  

	
	
	  

	
	
	  

	
	
	  

	

  
 5Form of Omnibus Agreement

 Exhibit 10.7 

 
  

 
 FORM OF OMNIBUS AGREEMENT

 BY AND AMONG 
 WESTERN GAS EQUITY PARTNERS, LP 
 WESTERN GAS EQUITY HOLDINGS, LLC

 AND 
 ANADARKO PETROLEUM CORPORATION 
  

 
  

 TABLE OF CONTENTS 

 

							
		 	ARTICLE I	  			
		 	Definitions	  			
			
	 1.1
	 	 Definitions
	  	 	1	  
			
		 	ARTICLE II	  			
		 	Services	  			
			
	 2.1
	 	 Provision of Services; Reimbursement and Administrative Fee
	  	 	3	  
	 2.2
	 	 Reimbursement for Publicly Traded Partnership Expenses
	  	 	4	  
	 2.3
	 	 Reimbursement for Insurance
	  	 	4	  
	 2.4
	 	 Reimbursement Procedures
	  	 	4	  
			
		 	ARTICLE III	  			
		 	Miscellaneous	  			
			
	 3.1
	 	 Accuracy of Recitals
	  	 	4	  
	 3.2
	 	 Choice of Law; Submission to Jurisdiction
	  	 	5	  
	 3.3
	 	 Notices
	  	 	5	  
	 3.4
	 	 Further Assurances
	  	 	5	  
	 3.5
	 	 Agreement
	  	 	5	  
	 3.6
	 	 Termination
	  	 	5	  
	 3.7
	 	 Effect of Waiver or Consent
	  	 	6	  
	 3.8
	 	 Amendment or Modification
	  	 	6	  
	 3.9
	 	 Assignment; Third-Party Beneficiaries
	  	 	6	  
	 3.10
	 	 Counterparts
	  	 	6	  
	 3.11
	 	 Severability
	  	 	6	  
	 3.12
	 	 Interpretation
	  	 	6	  
	 3.13
	 	 Titles and Headings
	  	 	7	  
	 3.14
	 	 Relationship of the Parties
	  	 	7	  
	 3.15
	 	 Binding Effect
	  	 	7	  
	 3.16
	 	 Time of the Essence
	  	 	7	  
	 3.17
	 	 Delay or Partial Exercise Not Waiver
	  	 	7	  
	 3.18
	 	 Withholding or Granting of Consent
	  	 	7	  
	 3.19
	 	 Laws and Regulations
	  	 	7	  
	 3.20
	 	 Negation of Rights of Limited Partners, Assignees and Third Parties
	  	 	7	  
	 3.21
	 	 No Recourse Against Officers or Directors
	  	 	8	  
	 3.22
	 	 Signatories Duly Authorized
	  	 	8	  

  
 i 

 OMNIBUS AGREEMENT 

This Omnibus Agreement (“Agreement”) is entered into on, and effective as of, the Closing Date (as defined herein), and
is by and among Western Gas Equity Partners, LP, a Delaware limited partnership (the “Partnership”), Western Gas Equity Holdings, LLC, a Delaware limited liability company (“General Partner”), and Anadarko Petroleum
Corporation, a Delaware corporation (“Anadarko”). The above-named entities are sometimes referred to in this Agreement each as a “Party” and collectively as the “Parties.” 

R E C I T A L S: 
 The Parties desire by their execution of this Agreement to evidence their understanding, as more fully set forth in Article II of this Agreement, with respect to the agreement of Anadarko to provide or
cause to be provided, and the agreement of the Partnership to reimburse and compensate Anadarko for the provision of, certain general and administrative services. 
 In consideration of the premises and the covenants, conditions, and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties hereby agree as follows: 
 ARTICLE I 

DEFINITIONS 
 1.1 Definitions. (a) Capitalized terms used herein but not defined shall have the meanings given them in the Partnership Agreement. 

(b) As used in this Agreement, the following terms shall have the respective meanings set forth below: 

“Administrative Fee” is defined in Section 2.1(c). 

“Affiliate” means, with respect to any Person, (a) any other Person directly or indirectly controlling, controlled
by or under common control with such Person, (b) any Person owning or controlling fifty percent (50%) or more of the voting interests of such Person, (c) any officer or director of such Person, or (d) any Person who is the
officer, director, trustee, or holder of fifty percent (50%) or more of the voting interest of any Person described in clauses (a) through (c). For purposes of this definition, the term “controls,” “is controlled by” or
“is under common control with” shall mean the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or
otherwise. 
 “Agreement” means this Omnibus Agreement, as it may be amended, modified or supplemented from
time to time in accordance with the terms hereof. 
 “Anadarko” is defined in the preamble to this Agreement.

  
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Equity Partners, LP 
 Omnibus Agreement 
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 “Anadarko Entities” means Anadarko and any other Person controlled by
Anadarko other than the Partnership Entities. For purposes of this definition, “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. 
 “Change of Control” means, with respect to any
Person (the “Applicable Person”), any of the following events: (i) any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all or substantially all of the Applicable Person’s
assets to any other Person, unless immediately following such sale, lease, exchange or other transfer such assets are owned, directly or indirectly, by the Applicable Person; (ii) the dissolution or liquidation of the Applicable Person;
(iii) the consolidation or merger of the Applicable Person with or into another Person pursuant to a transaction in which the outstanding Voting Securities of the Applicable Person are changed into or exchanged for cash, securities or other
property, other than any such transaction where (A) the outstanding Voting Securities of the Applicable Person are changed into or exchanged for Voting Securities of the surviving Person or its parent and (B) the holders of the Voting
Securities of the Applicable Person immediately prior to such transaction own, directly or indirectly, not less than a majority of the outstanding Voting Securities of the surviving Person or its parent immediately after such transaction; and
(iv) a “person” or “group” (within the meaning of Sections 13(d) or 14(d)(2) of the Exchange Act) other than Anadarko or any Affiliate of Anadarko becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5
under the Exchange Act) of more than 50% of all of the then outstanding Voting Securities of the Applicable Person, other than in a merger or consolidation which would not constitute a Change of Control under clause (iii) above. 

“Closing Date” means the date of the closing of the initial public offering of Common Units. 

“CP Index” is defined in Section 2.1(c). 
 “General Partner” is defined in the preamble to this Agreement. 

“MLP Omnibus Agreement” means that certain Omnibus Agreement, dated as of May 14, 2008, by and among Western Gas
Partners, LP, Western Gas Holdings, LLC and Anadarko, as heretofore amended. 
 “Partnership” is defined in the
preamble to this Agreement. 
 “Partnership Agreement” means the First Amended and Restated Agreement of
Limited Partnership of the Partnership, dated as of the Closing Date, as such agreement is in effect on the Closing Date, to which reference is hereby made for all purposes of this Agreement. 

“Partnership Entities” means the General Partner and each member of the Partnership Group. 

“Partnership Group” means the Partnership and its Subsidiaries (other than Western Gas Partners, LP and its
Subsidiaries) treated as a single consolidated entity. 

  
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Equity Partners, LP 
 Omnibus Agreement 
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 “Partnership Group Member” means any member of the Partnership Group.

 “Party” and “Parties” are defined in the preamble to this Agreement. 

“Person” means an individual, corporation, partnership, joint venture, trust, limited liability company, unincorporated
organization or any other entity. 
 “Subsidiary” means, with respect to any Person, (i) 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, (ii) 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 on the date of determination, or (iii) any other Person (other than a corporation
or a partnership) in which such Person, one or more Subsidiaries of such Person, or a combination thereof, directly or indirectly, at the date of determination, has (A) at least a majority ownership interest or (B) the power to elect or
direct the election of a majority of the directors or other governing body of such Person. 
 “Voting
Securities” means securities of any class of a Person entitling the holders thereof to vote in the election of, or to appoint, members of the board of directors or other similar governing body of the Person. 

ARTICLE II 

SERVICES 

2.1 Provision of Services; Reimbursement and Administrative Fee. 

(a) Anadarko hereby agrees to cause the Anadarko Entities to continue to provide the Partnership Entities with certain general and
administrative services, such as legal, accounting, treasury, cash management, insurance, administrative and claims processing, risk management, health, safety and environmental, information technology, human resources, credit, payroll, internal
audit, tax and marketing. These general and administrative services shall be substantially identical in nature and quality to the services of such type previously provided by the Anadarko Entities pursuant to the MLP Omnibus Agreement. 

(b) The Partnership Group hereby agrees to reimburse Anadarko for all cash expenses and expenditures that the Anadarko Entities incur or
payments they make on behalf of the Partnership Entities for these general and administrative services provided for in Section 2.1(a). 
 (c) In addition to the reimbursement obligation described in Section 2.1(b), the Partnership shall pay Anadarko (or an Anadarko Entity designated by Anadarko) an administrative fee (the
“Administrative Fee”) of $250,000 per year (subject to adjustment as specified below), payable in arrears in equal quarterly installments on or before the [30]th day following the end of each fiscal quarter following the Closing
Date (pro rated to account for any 

  
 Western Gas
Equity Partners, LP 
 Omnibus Agreement 
 3 

 
partial quarterly period). On January 1, 2014 and each anniversary thereof, the Administrative Fee shall be increased by the percentage increase in the Consumer Price Index – All Urban
Consumers, U.S. City Average, Not Seasonally Adjusted (the “CP Index”). In making such adjustment, the Administrative Fee shall be increased by the CP Index for the prior year period based on the most recent information available
from the U.S. Department of Labor. 
 2.2 Reimbursement for Publicly Traded Partnership Expenses. The Partnership
Entities hereby agree to reimburse Anadarko for all expenses and expenditures that the Anadarko Entities incur or payments that they make as a result of the Partnership becoming a publicly traded partnership, including (but not limited to) expenses
associated with annual and quarterly reporting; tax return and Schedule K-1 preparation and distribution expenses; Sarbanes-Oxley compliance expenses; expenses associated with listing on the New York Stock Exchange; independent auditor fees; legal
fees; investor relations expenses; and registrar and transfer agent fees. Furthermore, the Partnership Entities agree to reimburse Anadarko for these expenses incurred on or before the Closing Date by the Anadarko Entities on behalf of the
Partnership Entities. 
 2.3 Reimbursement for Insurance. The Partnership Entities hereby agree to reimburse
Anadarko for all expenses that the Anadarko Entities incur or payments that they make on behalf of the Partnership Entities for insurance coverage with respect to the Partnership Assets. 

2.4 Reimbursement Procedures. On or before the fifth business day of each month, Anadarko shall send an invoice to the
General Partner for that amount of money associated with all expenses or expenditures incurred or payments made by the Anadarko Entities during the preceding month that are to be reimbursed by the Partnership Entities pursuant to Sections 2.1(b),
2.2 and 2.3 hereof. Where it is not reasonably practicable to determine the cost of such an expense, expenditure or payment, Anadarko or the applicable Anadarko Entity may make a good faith reasonable estimate of such expense, expenditure or payment
(and provided that any such estimates, other than with respect to benefit load, are “trued up” within 10 days of the end of each quarter based on the actual amount of the expenses, expenditures or payments in respect of which estimates
were made in the immediately preceding quarter). Subject to the parenthetical clause in the immediately preceding sentence, the Partnership Entities shall accept any estimate or benefit load described in this paragraph, provided that such estimate
is reasonable and made in good faith. The Partnership Entities shall pay such invoice within 30 days of receipt. 
 ARTICLE
III 
 MISCELLANEOUS 
 3.1 Accuracy of Recitals. The paragraphs contained in the recitals to this Agreement are incorporated in this Agreement by this reference, and the Parties to this Agreement acknowledge the
accuracy thereof. 

  
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Equity Partners, LP 
 Omnibus Agreement 
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 3.2 Choice of Law; Submission to Jurisdiction. This Agreement shall be subject
to and governed by the laws of the State of Texas. Each Party hereby submits to the jurisdiction of the state and federal courts in the State of Texas and to venue in Houston, Texas. 

3.3 Notices. Any notice, demand, or communication required or permitted under this Agreement shall be in writing and
delivered personally, by reputable courier, or by telecopier, and shall be deemed to have been duly given as of the date and time reflected on the delivery receipt if delivered personally or sent by reputable courier service, or on the automatic
telecopier receipt if sent by telecopier, addressed as follows: 
 If to Anadarko: 

Anadarko Petroleum Corporation 
 1201 Lake Robbins Drive 
 The Woodlands, Texas 77380 

Attn: General Counsel 
 Fax: 832-636-3214 
 If to the Partnership or the General Partner: 

Western Gas Equity Holdings, LLC 
 1201 Lake Robbins Drive 
 The Woodlands, Texas 77380 

Attn: President 

Fax: 832-636-6001 
 A Party may
change its address for the purposes of notices hereunder by giving notice to the other Party specifying such changed address in the manner specified in this Section 3.3. 
 3.4 Further Assurances. The Parties agree to execute such additional instruments, agreements and documents, and to take such other actions, as may be necessary to effect the purposes of this
Agreement. 
 3.5 Agreement. This Agreement constitutes the entire agreement of the Parties relating to the
matters contained herein, superseding all prior contracts or agreements, whether oral or written, relating to the matters contained herein. 
 3.6 Termination. This Agreement shall terminate upon a Change of Control of the General Partner or the Partnership, other than any Change of Control of the General Partner or the Partnership
that may be deemed to have occurred pursuant to clause (iv) of the definition of Change of Control solely as a result of a Change of Control of Anadarko. Notwithstanding any other provision of this Agreement, if the General Partner is removed
as general partner of the Partnership under circumstances where Cause does not exist and Common Units held by the General Partner and its Affiliates are not voted in favor of such removal, this Agreement may immediately thereupon be terminated by
Anadarko. 

  
 Western Gas
Equity Partners, LP 
 Omnibus Agreement 
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 3.7 Effect of Waiver or Consent. No waiver or consent, express or implied, by
any Party to or of any breach or default by any Person in the performance by such Person of its obligations hereunder shall be deemed or construed to be a consent or waiver to or of any other breach or default in the performance by such Person of
the same or any other obligations of such Person hereunder. Failure on the part of a Party to complain of any act of any Person or to declare any Person in default, irrespective of how long such failure continues, shall not constitute a waiver by
such Party of its rights hereunder until the applicable statute of limitations period has run. 
 3.8 Amendment or
Modification. This Agreement may be amended or modified from time to time only by the written agreement of all the Parties. Each such instrument shall be reduced to writing and shall be designated on its face an “Amendment” or an
“Addendum” to this Agreement. 
 3.9 Assignment; Third-Party Beneficiaries. No Party shall have the
right to assign its rights or obligations under this Agreement without the prior written consent of the other Parties. Each of the Parties hereto specifically intends that each entity comprising the Anadarko Entities and the Partnership Entities, as
applicable, whether or not a Party to this Agreement, shall be entitled to assert rights and remedies hereunder as third-party beneficiaries hereto with respect to those provisions of this Agreement affording a right, benefit or privilege to any
such entity. 
 3.10 Counterparts. This Agreement may be executed in any number of counterparts with the same
effect as if all signatory Parties had signed the same document. All counterparts shall be construed together and shall constitute one and the same instrument. 
 3.11 Severability. If any provision of this Agreement or the application thereof to any Person or circumstance shall be held invalid or unenforceable to any extent, the remainder of this
Agreement and the application of such provision to other Persons or circumstances shall not be affected thereby and shall be enforced to the greatest extent permitted by law. 
 3.12 Interpretation. In this Agreement, unless a clear contrary intention appears: (a) the singular includes the plural and vice versa; (b) reference to any Person includes such
Person’s successors and assigns but, in the case of any Party, only if such successors and assigns are permitted by this Agreement, and reference to a Person in a particular capacity excludes such Person in any other capacity;
(c) reference to any gender includes each other gender; (d) reference to any agreement (including this Agreement), document or instrument means such agreement, document, or instrument as amended or modified and in effect from time to time
in accordance with the terms thereof and, if applicable, the terms of this Agreement; (e) reference to any Section means such Section of this Agreement, and references in any Section or definition to any clause means such clause of such Section
or definition; (f) “hereunder,” “hereof,” “hereto” and words of similar import will be deemed references to this Agreement as a whole and not to any particular Section or other provision hereof or thereof;
(g) “including” (and with correlative meaning “include”) means including without limiting the generality of any description preceding such term; and (h) relative to the determination of any period of time,
“from” means “from and including,” “to” means “to but excluding” and “through” means “through and including.” 

  
 Western Gas
Equity Partners, LP 
 Omnibus Agreement 
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 3.13 Titles and Headings. Section titles and headings in this Agreement are
inserted for convenience of reference only and are not intended to be a part of, or to affect the meaning or interpretation of, this Agreement. 
 3.14 Relationship of the Parties. 
 (a) Nothing in this Agreement
shall cause any of the Anadarko Entities or the Partnership Entities to become members of any other partnership, joint venture, association, syndicate or other entity. Nothing in this Agreement shall cause any Partnership Entity to be considered an
Anadarko Entity, and vice versa. 
 (b) For purposes of this Agreement, no Partnership Entity shall be deemed to be an Affiliate
of the Anadarko Entities nor shall any Anadarko Entity be deemed to be an Affiliate of any the Partnership Entities. 

3.15 Binding Effect. This Agreement will be binding upon, and will inure to the benefit of, the Parties and their
respective successors, permitted assigns and legal representatives. 
 3.16 Time of the Essence. Time is of the
essence in the performance of this Agreement. 
 3.17 Delay or Partial Exercise Not Waiver. No failure or delay on
the part of any Party to exercise any right or remedy under this Agreement will operate as a waiver thereof; nor shall any single or partial exercise of any right or remedy under this Agreement preclude any other or further exercise thereof or the
exercise of any other right or remedy granted hereby or any related document. The waiver by either Party of a breach of any provisions of this Agreement will not constitute a waiver of a similar breach in the future or of any other breach or nullify
the effectiveness of such provision. 
 3.18 Withholding or Granting of Consent. Unless otherwise provided in this
Agreement, each Party may, with respect to any consent or approval that it is entitled to grant pursuant to this Agreement, grant or withhold such consent or approval in its sole and uncontrolled discretion, with or without cause, and subject to
such conditions as it shall deem appropriate. 
 3.19 Laws and Regulations. Notwithstanding any provision of this
Agreement to the contrary, no Party shall be required to take any act, or fail to take any act, under this Agreement if the effect thereof would be to cause such Party to be in violation of any applicable law, statute, rule or regulation.

 3.20 Negation of Rights of Limited Partners, Assignees and Third Parties. Except as set forth in
Section 3.9, the provisions of this Agreement are enforceable solely by the Parties, and no limited partner, member, or assignee of Anadarko, the Partnership, the General Partner or other Person shall have the right, separate and apart from
Anadarko, the Partnership or the General Partner, to enforce any provision of this Agreement or to compel any Party to comply with the terms of this Agreement. 

  
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Equity Partners, LP 
 Omnibus Agreement 
 7 

 3.21 No Recourse Against Officers or Directors. For the avoidance of doubt,
the provisions of this Agreement shall not give rise to any right of recourse against any officer or director of any Anadarko Entity or any Partnership Entity. 
 3.22 Signatories Duly Authorized. Each of the signatories to this Agreement represents that he is duly authorized to execute this Agreement on behalf of the Party for which he is signing,
and that such signature is sufficient to bind the Party purportedly represented. 
 [Signature page
follows] 

  
 Western Gas
Equity Partners, LP 
 Omnibus Agreement 
 8 

 IN WITNESS WHEREOF, the Parties have executed this Agreement on, and effective as of, the
Closing Date. 
  

			
	WESTERN GAS EQUITY PARTNERS, LP
		
	 By:
	 	WESTERN GAS EQUITY HOLDINGS, LLC, its general partner
		
	 By:
	 	  

		 	 Name

		 	 Title:

	
	WESTERN GAS EQUITY HOLDINGS, LLC
		
	 By:
	 	  

		 	 Name:

		 	 Title:

	
	ANADARKO PETROLEUM CORPORATION
		
	 By:
	 	  

		 	 Name:

		 	 Title:

 Signature Page–Omnibus Agreement of 

Western Gas Equity Partners, LP

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