Document:

EX-10.6

 Exhibit 10.6 

Execution Version 

AMENDED AND RESTATED ALLOCATION AGREEMENT 

THIS AGREEMENT is dated November 13, 2013. 
 BETWEEN: 

 

			
		  	ENBRIDGE INC., a corporation incorporated under the laws of Canada (the “Parent”);
		
	AND:	  	
		
		  	ENBRIDGE ENERGY PARTNERS, L.P., a limited partnership formed under the laws of the State of Delaware (“EEP”);
		
	AND:	  	
		
		  	ENBRIDGE INCOME FUND HOLDINGS INC., a corporation incorporated under the laws of the Province of Alberta (“EIFH”);
		
	AND:	  	
		
		  	MIDCOAST ENERGY PARTNERS, L.P., a limited partnership formed under the laws of the State of Delaware (“MEP”)
		
		  	(the Parent, EEP, EIFH, and MEP are referred to herein collectively as the “Enbridge Entities” or the “parties” and individually as an “Enbridge Entity” or
“party”).

 WHEREAS: 
  

	A.	The Parent, EEP and EIFH (the “original parties or individually an “original party”) and MEP, along with their respective Related Entities, participate in various consolidated insurance
programs; 

  

	B.	On December 31, 2012 the original parties entered into an Allocation Agreement (the “Original Allocation Agreement”) to provide for a method of equitable allocation, as between each of the original
parties, of any insurance proceeds resulting from claims which exceed the total coverage limit of any insurance program within a coverage year based on the amount of premiums an original party contributed towards an insurance program; and

  

	C.	The original parties agree that it is appropriate to amend and restate the Original Allocation Agreement to add MEP as an Enbridge Entity. 

NOW THEREFORE THIS AGREEMENT WITNESSES THAT, for good and valuable consideration, the receipt and sufficiency of which is acknowledged by each of the parties
to this Agreement, the parties hereto agree to amend and restate the Original Allocation Agreement as set forth in this Agreement. 

 ARTICLE 1 

INTERPRETATION 
 1.1 Definitions.

 The following terms will have the following meanings: 
  

	 	(a)	“Agreement” means this agreement, including its recitals and schedules, as amended from time to time; 

  

	 	(b)	“Allocated Recovery” has the meaning defined in Schedule “A” hereto; 

  

	 	(c)	“Business Day” means any day that is not a Saturday, Sunday or statutory holiday in the Province of Alberta or the State of Texas; 

 

	 	(d)	“Claim” means any remediation, repair, loss, restoration, replacement, or similar matter with respect to an Eligible Event and/or a proceeding, investigation, suit, action, hearing, inquiry,
arbitration, alternative dispute resolution mechanism or procedure initiated against an Enbridge Entity or its Related Entity, the substance of which is covered by applicable policies under the relevant Insurance Coverage Program, during a Coverage
Year; 

  

	 	(e)	“Claims Examiner” has the meaning defined in Section 4.1(1); 

  

	 	(f)	“Coverage Year” means, in respect of any Insurance Coverage Program, the effective term of such Insurance Coverage Program; 

 

	 	(g)	“Eligible Event” means any event, occurrence or other incident suffered by or in connection with an Enbridge Entity or its Related Entity, the substance of which is covered by an Insurance Coverage
Program during a Coverage Year; 

  

	 	(h)	“Insurance Cost Allocation Percentage” means in respect of the Enbridge Entities, the percentage of the cost of an Insurance Coverage Program being paid by an Enbridge Entity and its Related Entities
during a Coverage Year; 

  

	 	(i)	“Insurance Coverage Program” means a policy or group of policies providing a particular type of insurance coverage under the Insurance Programs, including, for example, general liability, onshore
property and business interruption, onshore terrorism, U.S. workers compensation and employers liability, U.S. automobile liability, directors’ and officers’ liability, Canadian automobile liability, aviation liability, fiduciary liability
and crime insurance and any other type of insurance coverage program which the Parent may procure on a consolidated basis from time to time; 

  

	 	(j)	“Insurance Programs” means the consolidated insurance programs composed of various Insurance Coverage Programs procured by the Parent for the Enbridge Entities and their respective Related Entities;

  

	 	(k)	“Insurance Risk Management” means the insurance risk management group of the Parent; 

  
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	 	(l)	“Loss Amount” means the aggregate costs and expenses which an Enbridge Entity or its Related Entity has paid out with respect to a Claim and/or is reasonably expected to incur to resolve a Claim or
Claims under an Insurance Coverage Program in a particular Coverage Year; 

  

	 	(m)	“Net Change” has the meaning defined in Schedule “A”; 

  

	 	(n)	“New Methodology” has the meaning defined in Section 9.6(3); 

  

	 	(o)	“Notice of Dispute” has the meaning defined in Section 8.1; 

  

	 	(p)	“Qualified Allocated Coverage” has the meaning defined in Schedule “A” hereto; 

  

	 	(q)	“Related Entity” means any entity over which an Enbridge Entity exercises control, direction or management, directly or indirectly, through one or more intermediaries and that participates in the
Insurance Programs, provided that in the case of the Parent, Related Entity will exclude EEP, EIFH, MEP and their respective Related Entities; 

  

	 	(r)	“Senior Management” means the Vice-President of the Parent with responsibility for management of the Insurance Programs and who reports to the Chief Financial Officer, or such other officer as is
designated by the Chief Financial Officer; 

  

	 	(s)	“Total Coverage Limit” means the aggregate limit of coverage under an Insurance Coverage Program during a Coverage Year; 

 

	 	(t)	“True-Up Loss Amount” has the meaning defined in Section 3.1; 

  

	 	(u)	“Updated Allocated Recovery” has the meaning defined in Schedule “A” hereto; 

  

	 	(v)	“Verified Loss Amount” has the meaning defined in Section 2.1(6); and 

  

	 	(w)	“Verified True-Up Loss Amount” has the meaning defined in Section 3.1. 

 1.2
References 
 Any reference in this Agreement to a designated “Article”, “section”, “paragraph” or other subdivision is
a reference to the designated Article, section, paragraph or other subdivision of this Agreement; the words “herein”, “hereof” and “hereunder” and other words of similar import refer to this Agreement as a whole and not
to any particular Article, section, paragraph or other subdivision of this Agreement. 
 1.3 Headings 

The headings used in and the organization of this Agreement are solely for convenience of reference and will not in any way affect, limit, amplify or modify
the terms hereof and will not be construed in any way in the interpretation hereof to be part of this Agreement. 

  
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 1.4 Non-limiting 

The word “including”, when following any general statement, will be construed to refer to all other things that could reasonably fall within the
scope of such general statement, whether or not non-limiting language (such as “without limitation”) is used with reference thereto. 
 1.5
Gender and Number 
 Words importing the masculine gender include the feminine and neuter genders and words in the singular include the plural, and
vice versa. 
 1.6 Schedules 
 The following are the
Schedules to the Agreement: 
  

					
	Schedule “A”	 	-	  	Procedures for Determining Recovery (Part I and Part II)
	Schedule “B”	 	-	  	Illustration (Part I and Part II),

 Part I of each Schedule applies to Allocated Recoveries and Part II of each Schedule applies to Updated Allocated Recoveries.

 ARTICLE 2 
 LOSS
AMOUNTS 
 2.1 Application of the Agreement 
  

	 	(1)	Insurance Risk Management will determine, in its sole discretion, whether the Total Coverage Limit is likely to be exceeded as a result of Claims by two or more Enbridge Entities (themselves or on behalf of respective
Related Entities, as applicable). 

  

	 	(2)	Upon making the determination in Section 2.1(1), Insurance Risk Management will seek the approval of Senior Management with respect to such determination and the application of this Agreement. 

 

	 	(3)	Upon receiving written approval by Senior Management confirming application of this Agreement, Insurance Risk Management will immediately notify the Enbridge Entities (who will be responsible for notifying their
respective Related Entities, if applicable). Such notification will: (i) specify which Claim or Claims have the potential to result in the Total Coverage Limit being exceeded; (ii) include the particulars of one or more Claims Examiners
including the designation of which Claims Examiner will act as the main contact in the event there are more than one; and (iii) contain a request for confirmation of a Loss Amount and preparation and delivery by the relevant Enbridge Entity of
a report in connection with such Loss Amount. 

  

	 	(4)	Upon receiving such notification, each Enbridge Entity will prepare a report in connection with its Loss Amount (including a list of materials and information used in confirming its Loss Amount). Such Enbridge Entity
will consult with its Related Entities, as applicable, in connection with the review of information and preparation of the materials required to provide a report in connection with its Loss Amount. 

 

	 	(5)	The Enbridge Entities will promptly deliver confirmation of Loss Amounts, together with the report used to prepare such Loss Amounts, to Insurance Risk Management and to the relevant Claims Examiner. 

  
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	 	(6)	Each Loss Amount will contain adequate detail in order to allow the Claims Examiner(s) to evaluate the quantum and reasonableness of the Loss Amount. All Loss Amounts are subject to final verification by such Claims
Examiner(s) (each a “Verified Loss Amount”). 

  

	 	(7)	The Enbridge Entities and their Related Entities, as applicable, will cooperate in providing any additional documentation requested by Insurance Risk Management and/or any Claims Examiner(s). 

 

	 	(8)	In the event of application of this Agreement, this Agreement will have effect from the date hereof regardless of whether the Coverage Year in respect of any Insurance Coverage Program precedes the date of this
Agreement. 

 ARTICLE 3 

TRUE-UP LOSS AMOUNTS 
 3.1 Preparation
and Delivery of True-Up Loss Amounts 
 Each Enbridge Entity will be responsible for updating any Loss Amount to ensure it remains accurate. Unless
Insurance Risk Management has notified the Enbridge Entities that this Agreement no longer has application for a particular Coverage Year (in the event the Total Coverage Limit is no longer exhausted), the relevant Enbridge Entity will prepare and
deliver confirmation of a true-up Loss Amount (each, an “True-Up Loss Amount”) reflecting such fluctuations, and a report in connection therewith, to Insurance Risk Management and the Claims Examiner quarterly, on a calendar basis.
Such Enbridge Entity will consult with their Related Entities, if applicable, in connection with preparation of such True-Up Loss Amount. In the event the Parent determines, acting reasonably, that a True-Up Loss Amount and/or Verified True-Up Loss
Amount is not materially different than the Loss Amount and/or Verified Loss Amount, as applicable, it may elect to not have the methodology set forth in Article 5.2 apply to such True-Up Loss Amount and will notify the Claims Examiner and relevant
Enbridge Entity accordingly. All True-Up Loss Amounts are subject to final verification by the Claims Examiner(s) (each a “Verified True-Up Loss Amount”). 

ARTICLE 4 
 CLAIMS
EXAMINERS 
 4.1 Appointment 
  

	 	(1)	Insurance Risk Management will appoint one or more properly qualified independent third parties to act as claims examiners with respect to Insurance Coverage Programs (each a “Claims Examiner”) to carry
out the duties described in this Agreement. In appointing a Claims Examiner, Insurance Risk Management may use any selection process it deems appropriate from time to time. Insurance Risk Management will have the right to replace, suspend and/or
terminate any Claims Examiner in its sole discretion. 

  

	 	(2)	 Each Claims Examiner will execute a consulting agreement with the Parent with respect to its appointment and acknowledging the terms and conditions of
this Agreement. In the event two or more Claims Examiners are appointed with respect to a particular Coverage Year for an Insurance Coverage Program, such Claims Examiners will execute a joint consulting agreement. A consulting agreement may contain
additional duties and responsibilities of the Claims Examiner(s), along with procedures with respect to engaging experts and other professional advisors in discharging such duties and

  
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responsibilities. In addition, each consulting agreement will specify the fee arrangements with the Claims Examiner(s). Each Enbridge Entity (itself or on behalf of its Related Entities, as
applicable) will be responsible for reimbursing the Parent for its respective portion of Claims Examiners’ fee based on its Allocated Recovery and/or Updated Allocated Recovery. 

4.2 Basic Responsibilities 
 Claims Examiners will be
responsible for the following duties in addition to any other duties Insurance Risk Management may deem appropriate from time to time: 
  

	 	(a)	reviewing all available material and information with respect to a Claim (including results from any investigations or reports conducted to date with respect to a Claim) and establishing the applicable policy or
policies providing insurance coverage under an Insurance Coverage Program for a Claim; 

  

	 	(b)	periodically update the Loss Amount, Verified Loss Amount, True-Up Loss Amount and/or Verified True-Up Loss Amount to reflect payments made by an Enbridge Entity with respect to a Claim; 

 

	 	(c)	assisting an Enbridge Entity or Related Entity in preparing confirmation of its Loss Amount and True-Up Loss Amount, and the reports delivered in connection therewith; 

 

	 	(d)	reviewing all necessary documentation to establish the eligibility and accuracy of Loss Amounts and/or True-Up Loss Amounts and preparing Verified Loss Amounts and/or Verified True-Up Loss Amounts in connection
therewith; 

  

	 	(e)	validating the accuracy of existing insurable claim amounts under Policies that are under review by the insurer, including amounts which have been partially paid for by insurers the balance of which remain outstanding;

  

	 	(f)	recording details of proceeds remitted by an Enbridge Entity (on behalf of itself or a Related Entity, as applicable) under Section 7.1 and providing such records to Insurance Risk Management on a quarterly basis;

  

	 	(g)	calculating the Allocated Recovery and/or Updated Allocated Recovery with respect to a Verified Loss Amount and/or Verified True-Up Loss Amount in accordance with Schedule “A”; 

 

	 	(h)	preparing summary reports outlining recovery eligibility for Claims under an Insurance Coverage Program for a Coverage Year. Insurance proceeds received by an Enbridge Entity or its Related Entities, as applicable,
prior to the application of this Agreement being triggered under Section 2.1 with respect to Claims that have been resolved for a Coverage Year will be taken into account by the Claims Examiner(s) in determining eligible amounts for recovery;
and 

  

	 	(i)	reconciling and updating summary reports with final dispositions of Claims by Enbridge Entities or their respective Related Entities and/or insurer or insurers under the relevant Insurance Coverage Program.

  
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 4.3 Reporting to Insurance Risk Management 

 

	 	(1)	Each Claims Examiner will deliver any findings, including calculations with respect to Allocated Recoveries, Updated Allocated Recoveries and Net Changes, and/or reports prepared in connection with its duties herein to
Insurance Risk Management, within a reasonable amount of time given the nature of the Claim, amount of Loss Amount and/or True-Up Loss Amount (and reports delivered by the Enbridge Entities in connection therewith) and taking into account all events
that have transpired since initiation of a Claim and/or receipt of a Loss Amount or True-Up Loss Amount. 

  

	 	(2)	Each Enbridge Entity is responsible (on its own behalf and on behalf of its Related Entities, as applicable) for notifying Insurance Risk Management and the relevant Claims Examiner(s) of any payments made on account of
a Claim. 

 ARTICLE 5 

METHODOLOGY FOR DETERMINING RECOVERY 
 5.1
Methodology for Determining Allocated Recovery 
  

	 	(1)	On a quarterly basis, the Claims Examiner(s) will calculate the Allocated Recovery for an Enbridge Entity’s Verified Loss Amount or Verified True-Up Loss Amount by using each Enbridge Entity’s Qualified
Allocated Coverage and the Total Coverage Limit to re-allocate any unutilized amount of coverage in accordance with the specific processes set forth in Schedule “A”. 

 

	 	(2)	The maximum amount of proceeds each Enbridge Entity is entitled to recover (itself or on behalf of its Related Entities, as applicable) with respect to Claims under an Insurance Coverage Program will be equal to the sum
of the Qualified Allocated Coverage plus any applicable re-allocated coverage. In no event will the Allocated Recovery for an Enbridge Entity exceed the sum of its Verified Loss Amounts. 

 

	 	(3)	The Allocated Recovery is subject to change as a result of Verified True-Up Loss Amounts and Updated Allocated Recoveries. 

5.2 Methodology for Determining Updated Allocated Recovery 
  

	 	(1)	On a quarterly basis, a relevant Claims Examiner(s) will be responsible for calculating the Updated Allocated Recovery based on the Verified True-Up Loss Amount in accordance with the specific processes set forth in
Schedule “A” which will reflect any Net Change. In no event will the Updated Allocated Recovery for an Enbridge Entity exceed the sum of its Verified True-Up Loss Amounts. 

 

	 	(2)	In the event an Enbridge Entity has incurred a Net Change in a negative amount, such Net Change will be dealt with in accordance with Section 7.1(3). 

5.3 Illustration 
 By way of illustration,
Schedule “B” sets forth an example of the specific processes set forth in Schedule “A” to determine Allocated Recovery and Updated Allocated Recovery using the Enbridge Entities and a illustrative Insurance Coverage
Program. 

  
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 5.4 Deductions and Non-Insurable Loss 

Each Enbridge Entity or Related Entity, as applicable, is solely responsible for satisfying any deductibles or other like amounts in accordance with the terms
of the applicable Insurance Coverage Program and such amounts will not form part of the Allocated Recovery or Updated Allocated Recovery. Furthermore, in no event will Loss Amounts, Verified Loss Amounts, True-Up Loss Amounts or Verified True-Up
Loss Amounts include costs or expenses incurred or reasonably expected to be incurred in connection with non-insurable losses. 
 5.5 Reporting to
Enbridge Entities 
 On a quarterly basis Insurance Risk Management will be responsible for delivering the reports and/or findings of Claims Examiners,
along with calculations of the Allocated Recovery and/or Updated Allocated Recovery, to the applicable Enbridge Entity. Each Enbridge Entity will be solely responsible for delivering a copy of the foregoing materials to the affected Related
Entities, if applicable. 
 5.6 Periodic Review 
 From
time to time, Senior Management will review the terms and conditions of this Agreement in order to determine if any changes need to be made to better reflect the intent of the Agreement. 

ARTICLE 6 
 COVENANTS

 6.1 Covenants 
 Each Enbridge Entity covenants
and agrees that it will: 
  

	 	(1)	keep adequate records with respect to any Claims, Loss Amounts and/or True-Up Loss Amounts (including reports prepared in connection with Loss Amounts and/or True-Up Loss Amounts) for a period of 6 years following the
resolution of a Claim to which such materials relate; 

  

	 	(2)	notify Insurance Risk Management with particulars of a Claim as soon as reasonably practicable; 

  

	 	(3)	prepare and deliver Loss Amounts and/or True-Up Loss Amounts, including reports in connection therewith, in accordance with this Agreement as soon as reasonably practicable; 

 

	 	(4)	apply the principles of this Agreement amongst its Related Entities including taking all necessary steps to cause its Related Entities to follow the principles of this Agreement; 

 

	 	(5)	cooperate with the Parent, including Senior Management and Insurance Risk Management, and the Claims Examiner(s) after submitting a Claim, Loss Amount and/or True-Up Loss Amount, including providing books, records and
other information related to such Claims, Loss Amount and/or True-Up Loss Amount (including materials used in preparing reports delivered in connection with a Loss Amount or True-Up Loss Amount) and providing reasonable assistance to the relevant
Claims Examiner(s) in the calculation of Verified Loss Amounts, Verified True-Up Loss Amounts, Allocated Recoveries and/or Updated Allocated Recoveries, if so requested. 

  
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 ARTICLE 7 

RECOVERY OF INSURANCE PROCEEDS 
 7.1
Distribution 
  

	 	(1)	To the extent an Enbridge Entity or any of its Related Entities receives insurance proceeds directly from an insurer under an Insurance Coverage Program, the affected Enbridge Entity will notify Insurance Risk
Management and the relevant Claims Examiner immediately. 

  

	 	(2)	On a quarterly basis, the relevant Claims Examiner will direct the affected Enbridge Entity, if applicable, to remit all or a portion of the proceeds it (or its Related Entity) has received pursuant to
Section 7.1(1) to other Enbridge Entities in accordance with their Allocated Recoveries and/or Updated Allocated Recoveries and the applicable entity will comply with such direction within 10 Business Days. 

 

	 	(3)	In the event the Claims Examiner(s) determines (in accordance with the specific processes set forth in Schedule “A”) that an Enbridge Entity has an Updated Allocated Recovery resulting in a negative Net
Change, such Enbridge Entity will forthwith and in any event, within 10 Business Days, distribute any amounts received (by it or its Related Entities, as applicable) in excess of the Updated Allocated Recovery to other Enbridge Entities as directed
by the Claims Examiner. 

  

	 	(4)	The Claims Examiners and Insurance Risk Management will use reasonable commercial efforts to ensure the distribution and re-distribution of insurance proceeds in connection with partial or full resolutions of Claims is
completed accurately based on Allocated Recoveries and/or Updated Allocated Recoveries. Furthermore, the Claims Examiners and Insurance Risk Management will keep internal records reflecting outstanding amounts under Allocated Recoveries and/or
Updated Allocated Recoveries for each Enbridge Entity, as applicable. 

 ARTICLE 8 

DISPUTE RESOLUTION 
 8.1 Arbitration

 An Enbridge Entity will have up to 30 Business Days following the final determination of all Claims under an Insurance Coverage Program in a Coverage
Year and distribution of insurance proceeds pursuant to Allocated Recoveries and/or Updated Allocated Recoveries in connection therewith to provide a notice disputing any matter arising under this Agreement, including the determination of Verified
Loss Amounts and/or Verified True-Up Loss Amounts and/or calculations of Allocated Recoveries and/or Updated Allocated Recoveries (each a “Notice of Dispute”). A Notice of Dispute will set forth in reasonable detail the particulars
of the dispute, and each Enbridge Entity will have the right to consult with Senior Management and the relevant Claims Examiner(s) to discuss such Notice of Dispute. If the parties are unable to reach an agreement with respect to the disputes set
forth in the Notice of Dispute, such dispute may be submitted to binding arbitration by the Enbridge Entity and settled by arbitration in accordance with the provisions of this Section 8.1. Such arbitration will be carried out by a single
arbitrator. In the event the parties are unable to agree upon an arbitrator within 20 Business Days after delivery of the Notice of Dispute, any of them may make application to the Alberta Queen’s Bench for an arbitrator to be appointed
pursuant to the Arbitration Act (Alberta). An arbitrator appointed pursuant to this Section 8.1 will review the Notice of Dispute, and may review verification procedures 

  
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with respect to Verified Loss Amounts and/or Verified True-Up Loss Amounts and calculations with respect to Allocated Recoveries and Updated Allocated Recoveries. To the extent matters under
review by the arbitrator involve decisions of the Claims Examiner(s), the arbitrator will conduct a de novo review without deference to the findings of such Claims Examiner(s) and will apply a standard of correctness. Any decision of the
arbitrator made with respect to, a dispute set forth in the Notice of Dispute or with respect to any aspect of, or any matter related to, an arbitration hereunder (including the location of the arbitration) will be made solely by the arbitrator. The
arbitrator will conduct the arbitration proceedings in relation to the dispute set forth in the Notice of Dispute before such arbitrator as set out herein and otherwise in accordance with the applicable rules of the Arbitration Act (Alberta).
All decisions of the arbitrator with respect to a dispute, other than procedural decisions will: (i) be rendered in writing if an award is made and will state the reasons on which any award is based; and (ii) promptly be provided to each
party. The decision of an arbitrator appointed under this Section 8.1 will be final and binding upon the parties and not subject to appeal. The parties agree that this Section 8.1 will be valid, enforceable and irrevocable 

ARTICLE 9 
 MISCELLANEOUS

 9.1 Notice 
 Any demand, notice
or other communication to be given in connection with the Agreement must be given in writing and will be given by personal delivery or by electronic means of communication addressed to the recipient as follows: 

 

			
	To the Parent:	  	
		
	Insurance Risk Management	  	
	425 - 1 Street S.W.	  	
	Calgary, AB T2P 3L8	  	
		
	Attention:	  	Jody Balko, VP, Enterprise Risk and Investor Relations
	Facsimile No.:	  	(403) 231-5780
	Email:	  	jody.balko@enbridge.com
		
	To EEP:	  	
		
	1100 Louisiana Street	  	
	Suite 3300	  	
	Houston, TX 77002	  	
		
	Attention:	  	Chris Kaitson, Vice President—Law and Assistant Secretary
	Facsimile No.:	  	(713) 821-2229
	Email:	  	chris.kaitson@enbridge.com
		
	To EIFH:	  	
		
	3000, 425 - 1st Street SW	  	
	Calgary, AB T2P 3L8	  	

  
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	Attention:	  	Debra Poon, Corporate Secretary
	Facsimile:	  	(403) 231-7380
	Email:	  	debra.poon@enbridge.com
		
	To MEP:	  	
		
	1100 Louisiana Street	  	
	Suite 3300	  	
	Houston, TX 77002	  	
		
	Attention:	  	Chris Kaitson, Vice President—Law and Assistant Secretary
	Facsimile No.:	  	(713) 821-2229
	Email:	  	chris.kaitson@enbridge.com

 or to such other street address, individual or electronic communication number or address as may be designated by notice given
by either party to the other. Any demand, notice or other communication given by personal delivery will be conclusively deemed to have been given on the day of actual delivery thereof and, if given by electronic communication, on the day of
transmittal thereof if given during the normal business hours of the recipient and on the Business Day during which such normal business hours next occur if not given during such hours on any day. 

9.2 Waiver 
 Nothing in this Agreement shall constitute a
waiver of privilege by any Enbridge Entity or its Related Entities. In fulfilling their obligations under this Agreement, each party will take appropriate steps necessary to preserve privilege and any actions or discussions taken in connection with
this Agreement shall not vitiate privilege. Each Enbridge Entity, its Related Entities, Insurance Risk Management and the Claims Examiners will hold information provided in connection with the application of this Agreement in the strictest of
confidence and will not disclose to anyone or use for any purpose any confidential information concerning this Agreement, other than for the purpose of fulfilling the terms of this Agreement. 

9.3 Time 
 Time will be of the essence of this Agreement
and will remain of the essence notwithstanding the extension of any of the dates hereunder. 
 9.4 Governing Law 

This Agreement and all matters arising hereunder will be governed by and construed in accordance with the laws of the Province of Alberta and the laws of
Canada applicable therein. 
 9.5 Entire Agreement 

This Agreement, the Insurance Programs and the agreements, instruments and other documents entered into pursuant to this Agreement (including consulting
agreements entered into between the Parent and each Claims Examiner) set forth the entire agreement and understanding of the parties with respect to the 

  
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matters set forth herein and supersede all prior agreements and understandings among the parties with respect to the matters herein and there are no oral or written agreements, promises,
warranties, terms, conditions, representations or collateral agreements whatsoever, express or implied, other than those contained in this Agreement. Notwithstanding the foregoing, nothing contained in this Agreement will limit, narrow or otherwise
affect any stand-alone insurance policy an Enbridge Entity currently has or may obtain and/or maintain in the future. 
 9.6 Amendment 

 

	 	(1)	Subject to Section 9.6(2) and Section 9.6(3), this Agreement may be altered or amended only by an agreement in writing signed by the Enbridge Entities. 

 

	 	(2)	The Parent may, acting reasonably, amend this Agreement without the consent of the other Enbridge Entities to: 

  

	 	(a)	remove any conflicts or other inconsistencies which may exist between any terms of this Agreement and any provisions of any applicable law or regulation; 

 

	 	(b)	make any change or correction in this Agreement which is of a typographical nature or is required to cure or correct any ambiguity or defective or inconsistent provision, clerical omission, mistake or manifest error
contained therein; and 

  

	 	(c)	bring this Agreement into conformity with applicable laws, rules and policies of governmental authorities. 

  

	 	(3)	Upon providing at least 60 days written notice prior to the end of a Coverage Year, the Parent may amend, acting reasonably, the methodology and specific processes set forth in Article 5 and Schedule A hereto (the
“New Methodology”) in connection with a new Coverage Year to better reflect the intent of this Agreement. Each Enbridge Entity is responsible for communicating any changes contemplated in this Section 9.6(3) to its Related
Entities, as applicable. Upon receiving notice of any such amendment by the Parent, each Enbridge Entity may remain bound by this Agreement or may elect, upon providing written notice to the Parent prior to the commencement of such new Coverage
Year, to terminate this Agreement with respect to an Insurance Coverage Program that will use the New Methodology. 

 9.7 Termination

 In the event that an Enbridge Entity provides notice to terminate this Agreement pursuant to Section 9.6(3), such Enbridge Entity will no longer
participate in the Insurance Programs effective on the earlier of: (i) 90 days following the date the Enbridge Entity provides such notice; or (ii) the date on which the Enbridge Entity establishes an independent insurance program. 

9.8 Further Assurances 
 The principles in this Agreement
are meant to apply to each Related Entity and any company in which a Related Entity has an insurable interest, including, where a Related Entity acts in a joint venture capacity and has any responsibilities with respect to obtaining and/or
maintaining insurance. Accordingly, each of the Enbridge Entities will, and will cause its Related Entities to, upon reasonable request by Insurance Risk Management, do, execute and deliver all further assurances, acts and documents for the purpose
of evidencing and giving full force and effect to the covenants, agreements and provisions in this Agreement. 

  
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 9.9 Binding Effect 

This Agreement will enure to the benefit of and be binding upon the successors and permitted assigns of the parties, as applicable. 

9.10 Independent Legal Advice 
 Each of the Enbridge
Entities acknowledges that it has read and understands the terms and conditions of this Agreement and acknowledges and agrees that it has had the opportunity to seek independent legal advice before execution of this Agreement and that , if it did
avail itself of such opportunity prior to entering into this Agreement, it did so voluntarily. Each of the Enbridge Entities further agrees that any failure to obtain independent legal advice will not be used by it as a defence to the enforcement of
its obligations under this Agreement. 
 9.11 Counterparts 

This Agreement may be executed in any number of counterparts, each of which will be deemed to be an original and all of which taken together will be deemed to
constitute one and the same instrument. 
 9.12 Electronic Execution 

Delivery of an executed signature page to this Agreement by any party by electronic transmission will be as effective as delivery of a manually executed copy
of this Agreement by such party. 
 [signature page follows] 

  
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 IN WITNESS WHEREOF the Enbridge Entities have executed this Agreement on the date first above written. 

 

			
	
	ENBRIDGE INC.
		
	Per:	 	 /s/ Wanda Opheim

		 	Authorized Signatory
		
	Per:	 	 /s/ Colin K. Gruending

		 	Authorized Signatory
		 	 Colin K. Gruending

		 	Vice President Treasury and Tax
	
	 ENBRIDGE ENERGY PARTNERS, L.P.,
  

	By: ENBRIDGE ENERGY MANAGEMENT, L.L.C., as delegate of its general partner, ENBRIDGE ENERGY COMPANY, INC.,
		
	Per:	 	 /s/ Chris Kaitson

	Name: Chris Kaitson
	Title: Vice President—Law and Assistant Secretary
	
	ENBRIDGE INCOME FUND HOLDINGS INC.
		
	Per:	 	 /s/ Colin K. Gruending

		 	Authorized Signatory
		 	Colin K. Gruending
		 	Vice President Treasury and Tax
	
	MIDCOAST ENERGY PARTNERS, L.P.
		
		 	By: MIDCOAST HOLDINGS, L.L.C., its general partner
		
	Per:	 	 /s/ Chris Kaitson

	Name: Chris Kaitson
	Title: Vice President—Law and Assistant Secretary

 Signature Page to Amended and Restated Allocation Agreement 

 SCHEDULE “A” 

PROCEDURES FOR DETERMINING RECOVERY 

Part I – Allocated Recovery 
 The following is
the procedure for calculating the Allocated Recovery for affected Enbridge Entities. For ease of reference, Schedule “B” contains an example using numerical figures with respect to such procedures. 

 

	1.	Determine the qualified allocated coverage (the “Qualified Allocated Coverage”) for each Enbridge Entity, as applicable, with respect to a Claim by multiplying such Enbridge Entity’s Insurance Cost
Allocation Percentage by the Total Coverage Limit. Notwithstanding the foregoing, in no event will the maximum amount of coverage attributed to an Enbridge Entity exceed the aggregate Verified Loss Amounts in respect of such Enbridge Entity.

  

	2.	Determine the aggregate unutilized allocated coverage (the “Unutilized Allocated Coverage”) by subtracting the aggregate Qualified Allocated Coverage from the Total Coverage Limit. 

 

	3.	If the Unutilized Allocated Coverage is greater than 0, proceed to determine the re-allocated unutilized coverage (the “Re-Allocated Unutilized Coverage”) for each Enbridge Entity if such Enbridge
Entity’s Qualified Allocated Coverage is less than its aggregate Verified Loss Amounts by multiplying the Enbridge Entity’s Insurance Cost Allocation Percentage (as adjusted after excluding any Enbridge Entity whose Qualified Allocated
Coverage is more than its aggregate Verified Loss Amounts) by the Unutilized Allocated Coverage. Notwithstanding the foregoing, in no event will sum of the Qualified Allocated Coverage and the Re-Allocated Unutilized Coverage for any Enbridge Entity
be in an amount greater than the aggregate Verified Loss Amounts in respect of such Enbridge Entity. 

  

	4.	Determine the remaining unutilized coverage (the “Remaining Unutilized Coverage”) by subtracting the aggregate Qualified Allocated Coverage and the aggregate Re-Allocated Unutilized Coverage from the
Total Coverage Limit. 

  

	5.	If the Remaining Unutilized Coverage is greater than 0, proceed to determine the first additional re-allocated unutilized coverage (the “First Additional Re-Allocated Unutilized Coverage”) for each
Enbridge Entity if such Enbridge Entity’s Qualified Allocated Coverage and Re-Allocated Unutilized Coverage are less, in aggregate, than its aggregate Verified Loss Amounts by multiplying such Enbridge Entity’s Insurance Cost Allocation
Percentage (as adjusted after excluding any Enbridge Entity whose Qualified Allocated Coverage taken together with its Re-Allocated Unutilized Coverage is more than its aggregate Verified Loss Amounts) by the Unutilized Allocated Coverage.
Notwithstanding the foregoing, in no event will the sum of the Qualified Allocated Coverage, the Re-Allocated Unutilized Coverage and the First Additional Re-Allocated Unutilized Coverage for any Enbridge Entity be in an amount greater than the
aggregate Verified Loss Amounts in respect of such Enbridge Entity. 

  

	6.	Determine the remaining unutilized coverage (the “Remaining Unutilized Coverage”) by subtracting the aggregate Qualified Allocated Coverage and the aggregate Re-Allocated Unutilized Coverage and the
First Additional Re-allocated Unutilized Coverage from the Total Coverage Limit. 

  
 Signature Page to
Amended and Restated Allocation Agreement 

	7.	If the Remaining Unutilized Coverage is greater than 0, proceed to determine the second additional re-allocated unutilized coverage (the “Second Additional Re-Allocated Unutilized Coverage”) for each
Enbridge Entity if such Enbridge Entity’s Qualified Allocated Coverage and Re-Allocated Unutilized Coverage and First Additional Re-Allocated Unutilized Coverage are less, in aggregate, than its aggregate Verified Loss Amounts by multiplying
such Enbridge Entity’s Insurance Cost Allocation Percentage (as adjusted after excluding any Enbridge Entity whose Qualified Allocated Coverage taken together with its Re-Allocated Unutilized Coverage and First Additional Re-Allocated
Unutilized Coverage is more than its aggregate Verified Loss Amounts) by the Unutilized Allocated Coverage. Notwithstanding the foregoing, in no event will the sum of the Qualified Allocated Coverage, the Re-Allocated Unutilized Coverage and the
First Additional Re-Allocated Unutilized Coverage and Second Additional Re-Allocated Unutilized Coverage for any Enbridge Entity be in an amount greater than the aggregate Verified Loss Amounts in respect of such Enbridge Entity. 

 

	8.	Confirm the Remaining Unutilized Coverage is Zero by subtracting the aggregate Qualified Allocated Coverage and the aggregate Re-Allocated Unutilized Coverage and the aggregate First Additional Re-Allocated Unutilized
Coverage and the aggregate Second Additional Re-Allocated Coverage from the Total Coverage Limit. 

  

	9.	Determine the allocated recovery (the “Allocated Recovery”) for each Enbridge Entity with respect to its aggregate Verified Loss Amounts by totalling the sum of such Enbridge Entity’s Qualified
Allocated Coverage, Re-Allocated Unutilized Coverage and First Additional Re-Allocated Unutilized Coverage and Second Additional Re-Allocated Unutilized Coverage. 

  
 A-2 

 Part II – Updated Allocated Recovery 

In the event Verified True-Up Loss Amounts are prepared, the specific processes described in Part I of this Schedule “A” shall be used to determine
Qualified Allocated Coverage, Unutilized Allocated Coverage and Remaining Unutilized Coverage using Verified True-Up Loss Amounts in place of Verified Loss Amounts. 
  

	1.	Determine the qualified allocated coverage (the “Qualified Allocated Coverage”) for each Enbridge Entity, as applicable, with respect to a Claim by multiplying such Enbridge Entity’s Insurance Cost
Allocation Percentage by the Total Coverage Limit. Notwithstanding the foregoing, in no event will the maximum amount of coverage attributed to an Enbridge Entity exceed the aggregate Verified True-Up Loss Amounts in respect of such Enbridge Entity.

  

	2.	Determine the aggregate unutilized allocated coverage (the “Unutilized Allocated Coverage”) by subtracting the aggregate Qualified Allocated Coverage from the Total Coverage Limit. 

 

	3.	If the Unutilized Allocated Coverage is greater than 0, proceed to determine the re-allocated unutilized coverage (the “Re-Allocated Unutilized Coverage”) for each Enbridge Entity if such Enbridge
Entity’s Qualified Allocated Coverage is less than its aggregate Verified True-Up Loss Amounts by multiplying the Enbridge Entity’s Insurance Cost Allocation Percentage (as adjusted after excluding any Enbridge Entity whose Qualified
Allocated Coverage is more than its aggregate Verified True-Up Loss Amounts) by the Unutilized Allocated Coverage. Notwithstanding the foregoing, in no event will sum of the Qualified Allocated Coverage and the Re-Allocated Unutilized Coverage for
any Enbridge Entity be in an amount greater than the aggregate Verified True-Up Loss Amounts in respect of such Enbridge Entity. 

  

	4.	Determine the remaining unutilized coverage (the “Remaining Unutilized Coverage”) by subtracting the aggregate Qualified Allocated Coverage and the aggregate Re-Allocated Unutilized Coverage from the
Total Coverage Limit. 

  

	5.	If the Remaining Unutilized Coverage is greater than 0, proceed to determine the first additional re-allocated unutilized coverage (the “First Additional Re-Allocated Unutilized Coverage”) for each
Enbridge Entity if such Enbridge Entity’s Qualified Allocated Coverage and Re-Allocated Unutilized Coverage are less, in aggregate, than its aggregate Verified True-Up Loss Amounts by multiplying such Enbridge Entity’s Insurance Cost
Allocation Percentage (as adjusted after excluding any Enbridge Entity whose Qualified Allocated Coverage taken together with its Re-Allocated Unutilized Coverage is more than its aggregate Verified True-Up Loss Amounts) by the Unutilized Allocated
Coverage. Notwithstanding the foregoing, in no event will the sum of the Qualified Allocated Coverage, the Re-Allocated Unutilized Coverage and the First Additional Re-Allocated Unutilized Coverage for any Enbridge Entity be in an amount greater
than the aggregate Verified True-Up Loss Amounts in respect of such Enbridge Entity. 

  

	6.	Determine the remaining unutilized coverage (the “Remaining Unutilized Coverage”) by subtracting the aggregate Qualified Allocated Coverage and the aggregate Re-Allocated Unutilized Coverage and the
aggregate First Additional Re-Allocated Unutilized Coverage from the Total Coverage Limit. 

  

	7.	 If the Remaining Unutilized Coverage is greater than 0, proceed to determine the Second additional re-allocated unutilized coverage (the
“Second Additional Re-Allocated Unutilized Coverage”) for each Enbridge Entity if such Enbridge Entity’s Qualified Allocated Coverage and Re-Allocated Unutilized Coverage and First Additional Re-Allocated Unutilized Coverage
are 

  
 A-3 

	 	
less, in aggregate, than its aggregate Verified True-Up Loss Amounts by multiplying such Enbridge Entity’s Insurance Cost Allocation Percentage (as adjusted after excluding any Enbridge
Entity whose Qualified Allocated Coverage taken together with its Re-Allocated Unutilized Coverage and First Additional Re-Allocated Unutilized Coverage is more than its aggregate Verified True-Up Loss Amounts) by the Unutilized Allocated Coverage.
Notwithstanding the foregoing, in no event will the sum of the Qualified Allocated Coverage, the Re-Allocated Unutilized Coverage and the First Additional Re-Allocated Unutilized Coverage and Second Additional Re-Allocated Unutilized Coverage for
any Enbridge Entity be in an amount greater than the aggregate Verified True-Up Loss Amounts in respect of such Enbridge Entity. 

  

	8.	Confirm the Remaining Unutilized Coverage is Zero by subtracting the aggregate Qualified Allocated Coverage and the aggregate Re-Allocated Unutilized Coverage and the aggregate First Additional Re-Allocated Unutilized
Coverage and the aggregate Second Additional Re-Allocated Unutilized Coverage from the Total Coverage Limit. 

  

	9.	Determine the updated allocated recovery (the “Updated Allocated Recovery”) for each Enbridge Entity with respect to its aggregate Verified True-Up Loss Amounts by totalling the sum of such Enbridge
Entity’s Qualified Allocated Coverage, Re-Allocated Unutilized Coverage and First Additional Re-Allocated Unutilized Coverage and Second Additional Re-Allocated Unutilized Coverage. 

 

	10.	Determine the net change in each Enbridge Entity’s Allocated Recovery by subtracting the Allocated Recovery from the Updated Allocated Recovery (the “Net Change”). 

  
 A-4 

 SCHEDULE “B” 

ILLUSTRATION 
 Part I –
Allocated Recovery 
  

					
	Insurance Coverage Program	  	-	  	Liability
	Total Coverage Limit	  	-	  	$685 million
	Coverage Year	  	-	  	May 2013 – April 2014

  

			
	 Business
	  	Verified Loss Amounts
	 EEP
	  	$200 million
	 EIFH
	  	$150 million
	 Parent
	  	$220 million
	 MEP
	  	$120 million
		  	  

	 Total
	  	$690 million ($5million
 over Total Coverage

Limit)

		  	  

  

	1.	Determine Qualified Allocated Coverage. 

  

																			
	 Enbridge Entity
	  	Insurance Cost
Allocation Percentage	 	 	 	 	  	Total
Coverage
Limit	 	  	 	 	  	Qualified Allocated
Coverage
	 EEP
	  	 	25	% 	 				  				  				  	$171 million
	 EIFH
	  	 	8	% 	 	 	X	  	  				  	 	=	  	  	$55 million
	 Parent
	  	 	58	% 	 				  	$	685 million	  	  				  	$397 million but
 capped at $220 million

	 MEP
	  	 	9	% 	 				  				  				  	$62 million

  

	2.	Determine Unutilized Allocated Coverage by subtracting the aggregate Qualified Allocated Coverage from the Total Coverage Limit. 

$685 million – ($171 million + $55 million + $220 million + $62 million) = $177 million 

	3.	Determine the Re-Allocated Unutilized Coverage. 

  

																			
	 Enbridge Entity
	  	Insurance Cost
Allocation Percentage	 	 	 	 	  	Unutilized
Allocated
Coverage	 	  	 	 	  	Re-Allocated
Unutilized Coverage
	 EEP
	  	 	60	% 	 	 	X	  	  				  	 	=	  	  	$106 million but
 capped at $29 million

	 EIFH
	  	 	19	% 	 				  	$	177 million	  	  				  	$33 million
	 MEP
	  	 	21	% 	 				  				  				  	$38 million

  

	4.	Determine the Remaining Unutilized Coverage, if any. 

 $685 million – ($171 million + $55
million + $220 million + $62 million) – ($29 million + 
 $33 million + $38 million) = $77 million 

 

	5.	Determine the First Additional Re-Allocated Coverage 

  

																			
	 Enbridge Entity
	  	Insurance Cost
Allocation
Percentage	 	 	 	 	  	Unutilized
Allocated
Coverage	 	  	 	 	  	First Additional Re-
Allocated Unutilized
Coverage
	 EIFH
	  	 	47	% 	 	 	X	  	  				  	 	=	  	  	$36 million
	 MEP
	  	 	53	% 	 				  	$	77 million	  	  				  	$41 million but capped
at $20million

  

	6.	Determine the Remaining Unutilized Coverage, if any. 

 $685 million – ($171 million + $55
million + $220 million + $62 million) – ($29 
 million + $33 million + $38 million) – ($36 million + $20 million) = $21 million

  

	7.	Determine Second Additional Re-Allocated Coverage: 

  

																					
	 Enbridge Entity
	  	Insurance Cost
Allocation
Percentage	 	 	 	 	  	Unutilized
Allocated Coverage	 	  	 	 	  	Second Additional
Re-Allocated
Unutilized Coverage	 
	 EIFH
	  	 	100	% 	 	 	X	  	  	$	21 million	  	  	 	=	  	  	$	21 million	  

  

	8.	Determine the Remaining Unutilized Coverage, if any. 

 $685 million – ($171 million + $55
million + $220 million + $62 million) – ($29 
 million + $33 million + $38 million) – ($36 million + $20 million) - $21 million = 0
million 

	9.	Determine the Allocated Recovery. 

  

																																	
	 Enbridge Entity
	  	Qualified
Allocated
Coverage	 	 	 	 	  	Re-allocated
Unutilized
Coverage	 	 	 	 	  	First
Additional
Re-Allocated
Unutilized
Coverage	 	  	Second
Additional
Re-Allocated
Unutilized
Coverage	 	 	 	 	  	Total Allocated
Recovery	 
	 EEP
	  	$	171 million	  	 				  	$	29 million	  	 				  	 	Nil	  	  	 	Nil	  	 				  	$	200 million	  
	 EIFH
	  	$	55 million	  	 	 	+	  	  	$	33 million	  	 	 	+	  	  	$	36 million	  	  	$	21 million	  	 	 	=	  	  	$	145 million	  
	 Parent
	  	$	220 million	  	 				  	 	Nil	  	 				  	 	Nil	  	  	 	Nil	  	 				  	$	220 million	  
	 MEP
	  	$	62 million	  	 				  	$	38 million	  	 				  	$	20 million	  	  	 	Nil	  	 				  	$	120 million	  

 Part II – Updated Allocated Recovery 

The following builds on the example in the first illustration with respect to the specific processes set forth in Schedule “A” with respect to
calculating the Updated Allocated Recovery. 
  

							
	 Enbridge Entity
	  	Verified Loss
Amounts	 	  	Verified True-Up Loss Amounts
	 EEP
	  	$	200 million	  	  	$220 million
	 EIFH
	  	$	150 million	  	  	$110 million
	 Parent
	  	$	220million	  	  	$200 million
	 MEP
	  	$	120 million	  	  	$165 million
		  	  
	  
	 	  	  

	 Total
	  	$	690 million	  	  	$695 million ($10 million over
 Total Coverage Limit)

		  	  
	  
	 	  	  

  

	1.	Determine Qualified Allocated Coverage. 

  

																			
	 Enbridge Entity
	  	Insurance Cost
Allocation Percentage	 	 	 	 	  	Total
Coverage
Limit	 	  	 	 	  	Qualified Allocated
Coverage
	 EEP
	  	 	25	% 	 				  				  				  	$171 million
	 EIFH
	  	 	8	% 	 	 	X	  	  				  	 	=	  	  	$55 million
	 Parent
	  	 	58	% 	 				  	$	685 million	  	  				  	$397 million but
 capped at $200 million

	 MEP
	  	 	9	% 	 				  				  				  	$62 million

  

	2.	Determine Unutilized Allocated Coverage by subtracting the aggregate Qualified Allocated Coverage from the Total Coverage Limit. 

$685 million – ($171 million + $55 million + $200 million + $62 million) = $197 million 

	3.	Determine the Re-Allocated Unutilized Coverage. 

  

															
	 Enbridge Entity
	  	Insurance Cost
Allocation Percentage	 	 	 	  	Unutilized
Allocated
Coverage	 	  	 	  	Re-Allocated
Unutilized Coverage
	 EEP
	  	 	60	% 	 	X	  				  	=	  	$118 million but
 capped at $49 million

	 EIFH
	  	 	19	% 	 		  	$	197 million	  	  		  	$38 million
	 MEP
	  	 	21	% 	 		  				  		  	$42 million

  

	4.	Determine the Remaining Unutilized Coverage, if any. 

 $685 million – ($171 million + $55
million + $200 million + $62 million) – ($49 million + 
 $38 million + $42 million) = $68 million 

 

	5.	Determine the First Additional Re-Allocated Coverage 

  

													
	 Enbridge Entity
	  	Insurance Cost
Allocation Percentage	 	 	 	  	Unutilized
Allocated Coverage	 	  	First Additional Re-
Allocated Unutilized
Coverage
	 EIFH
	  	 	47	% 	 	X	  				  	$32 million but capped
 at $17 million

	 MEP
	  	 	53	% 	 		  	$	68 million	  	  	$36 million

  

	6.	Determine the Remaining Unutilized Coverage, if any. 

 $685 million – ($171 million + $55
million + $200 million + $62 million) – ($49 million + $38 million + $42 million) – ($17 million + $36 million) = $15 million 
  

	7.	Determine Second Additional Re-Allocated Coverage: 

  

															
	 Enbridge Entity
	  	Insurance Cost
Allocation Percentage	 	 	 	 	  	Unutilized
Allocated Coverage	 	  	Second Additional Re-
Allocated Unutilized
Coverage
	 MEP
	  	 	100	% 	 	 	X	  	  	$	15 million	  	  	$15 million

	8.	Determine the Remaining Unutilized Coverage, if any. 

 $685 million – ($171 million + $55
million + $200 million + $62 million) – ($49 
 million + $38 million + $42 million) – ($17 million + $36 million) - $15 million = 0
million 
  

	9.	Determine the Updated Allocated Recovery. 

  

																																	
	 Enbridge Entity
	  	Qualified
Allocated
Coverage	 	  	 	 	  	Re-allocated
Unutilized
Coverage	 	  	 	 	  	First
Additional
Re-Allocated
Unutilized
Coverage	 	  	Second
Additional
Re-Allocated
Unutilized
Coverage	 	  	 	 	  	Total Allocated
Recovery	 
	 EEP
	  	$	171 million	  	  				  	$	49 million	  	  				  	 	Nil	  	  	 	Nil	  	  				  	$	220 million	  
	 EIFH
	  	$	55 million	  	  	 	+	  	  	$	38 million	  	  	 	+	  	  	$	17 million	  	  	 	Nil	  	  	 	=	  	  	$	110 million	  
	 Parent
	  	$	200 million	  	  				  	 	Nil	  	  				  	 	Nil	  	  	 	Nil	  	  				  	$	200 million	  
	 MEP
	  	$	62 million	  	  				  	$	42 million	  	  				  	$	36 million	  	  	$	15 million	  	  				  	$	155 million	  

  

	10.	Determine the Net Change. 

  

													
	 
Enbridge Entity
	  	Allocated
Recovery	 	  	Updated
Allocated
Recovery	 	  	Net Change	 
	 EEP
	  	$	200 million	  	  	$	220 million	  	  	$	20 million	  
	 EIFH
	  	$	145 million	  	  	$	110 million	  	  	(-$	35 million	) 
	 Parent
	  	$	220 million	  	  	$	200 million	  	  	(-$	20 million	) 
	 MEP
	  	$	120 million	  	  	$	155 million	  	  	(+$	35 million	)EX-10.7

 Exhibit 10.7 

Execution Version 
 THIS
AGREEMENT, THE INDEBTEDNESS EVIDENCED HEREBY OR ANY LIEN OR SECURITY INTEREST OR COLLATERAL SECURING SUCH INDEBTEDNESS, IS SUBORDINATED, IN THE MANNER AND TO THE EXTENT SET FORTH IN AN AGREEMENT DATED AS OF NOVEMBER 13, 2013 (AS SUCH AGREEMENT
MAY FROM TIME TO TIME BE AMENDED, RESTATED, MODIFIED, OR SUPPLEMENTED, THE “SUBORDINATION AGREEMENT”), BY THE OBLIGOR AND OBLIGEE OF THIS AGREEMENT IN FAVOR OF BANK OF AMERICA, N.A. AS ADMINISTRATIVE AGENT FOR THE “LENDERS”
REFERRED TO THEREIN, TO ALL SENIOR INDEBTEDNESS (AS DEFINED THEREIN), AND EACH HOLDER OF OBLIGATIONS UNDER THIS AGREEMENT, BY ITS ACCEPTANCE HEREOF, SHALL BE BOUND BY THE SUBORDINATION AGREEMENT. 

WORKING CAPITAL LOAN AGREEMENT 

THIS WORKING CAPITAL LOAN AGREEMENT (this “Agreement”) is made as of November 13, 2013 (the
“Effective Date”), between Enbridge Energy Partners, L.P., a Delaware limited partnership (“EEP”, collectively with any EEP subsidiary or EEP affiliate that provides financing to Borrower on behalf of
EEP pursuant to this Agreement, or “Lender”), with principal offices at 1100 Louisiana Street, Suite 3300, Houston, Texas 77002, and Midcoast Operating, L.P., a Texas limited partnership (“Borrower”),
with principal offices at 1100 Louisiana Street, Suite 3300, Houston, Texas 77002. 
 Background. In contemplation of EEP’s
initial public offering of Midcoast Energy Partners, L.P., a Delaware limited partnership (“MEP”), Borrower, as the principal operating subsidiary of MEP, has requested Lender, and Lender has agreed, to continue Lender’s
direct loan financial support to Borrower, subject to the conditions and upon the terms of this Agreement; and for good and valuable consideration, the receipt and sufficiency of which are acknowledged, Borrower and Lender agree as provided in this
Agreement. 
 1. Certain Definitions. As used in this Agreement, the following terms shall have the meanings set forth below: 

a. “Change of Control” means 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 General Partner’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 General Partner, EEP or an affiliate of EEP; (ii) the dissolution or liquidation of the General Partner (other than in connection with a consolidation or merger provided for in sub-clause (b) of the
next-following clause (iii)); (iii) the consolidation or merger of the General Partner with or into another Person pursuant to a transaction in which the outstanding membership interests of the General Partner are changed into or exchanged for
cash, securities or other property, other than any such transaction where (a) the outstanding membership interests of the General Partner are changed into or exchanged for Voting Securities of the surviving corporation or its parent and
(b) Lender or any of its affiliates continues to own, directly or indirectly, not less than a majority of the outstanding Voting Securities of the surviving corporation or its parent immediately after such transaction; and (iv) other than
Lender and its affiliates, a “person” or “group” (within the meaning of 

 
Sections 13(d) or 14(d)(2) of the Exchange Act) being or becoming 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 membership interests of the General Partner having voting power to control the General Partner, except in a merger or consolidation which would not constitute a Change of Control under clause (iii) above. 

b. “Commitment Termination Date” means the earlier of (i) the Maturity Date or (ii) the date
EEP owns, directly or indirectly, less than an aggregate of 20% of the outstanding limited partnership interests in Borrower (a “Reduction in Ownership”), provided that immediately after giving effect to such Reduction
in Ownership, such Reduction in Ownership does not result in a Change of Control. 
 c. “Exchange
Act” means the Securities Exchange Act of 1934, as amended. 
 d. “General Partner”
means Midcoast OLP GP, L.L.C., a Delaware limited liability company (including any successors and permitted assigns under the Limited Partnership Agreement of Borrower, as it is amended and in effect from time to time). 

e. “LIBOR” means on any date of determination, the offered rate (rounded up to the next highest one
one-thousandth of one percent (0.001%)) for deposits in U.S. dollars for a one-month period which appears on the Bloomberg BTMM Page at approximately 11:00 A.M., London time, on such date, or if such date is not a date on which dealings in U.S.
dollars are transacted in the London interbank market, then on the next preceding day on which such dealings were transacted in such market; provided that if such rate is not available on Bloomberg, or Bloomberg is not available, then such
other comparable rate as determined by the Lender. 
 f. “Loan” means a Revolving Loan or a Term
Loan. 
 g. “Maturity Date” means November 13, 2017 or, if earlier, upon maturity (by
acceleration, termination of this Agreement, or otherwise as provided herein). 
 h. “Person” means a
corporation, partnership (limited, general or otherwise), joint venture, trust, limited liability company, unincorporated organization or any other entity. 

i. “Voting Securities” means securities of any class of Person entitling the holders thereof to vote in
the election of members of the board of directors or other similar governing body of the Person, or in the case of a limited partnership, a majority of the general partner interests in such limited partnership. 

  
 - 2 - 

 Further, as used in this Agreement, terms otherwise defined herein shall have the meanings so
assigned. 
 2. Loan. Subject to the conditions and upon the terms hereof, Lender shall make revolving loans (“Revolving
Loans”) to Borrower prior to the Commitment Termination Date in an aggregate amount outstanding of up to, but not exceeding, $250,000,000.00 at any time, and Borrower may borrow, prepay, and reborrow under this Section 2.

 3. Conversion of Revolving Loans to the Term Loan. If on the Commitment Termination Date, such date is not the Maturity Date, the
aggregate of all then outstanding Revolving Loans shall automatically convert to a term loan (the “Term Loan”) on the Commitment Termination Date in the aggregate principal amount outstanding of all such Revolving Loans. 

4. Procedure for Borrowing. On a business day, Borrower may borrow a Revolving Loan in amounts of not less than $5,000.00, and integral
multiples of $1,000.00 in excess thereof, by giving written notice to Lender. Each Revolving Loan request shall be received by 10:00 a.m. Houston, Texas time on the business day prior to the date of the proposed borrowing. 

5. Interest; Fee. 

a. The initial per annum interest rate on each outstanding Loan will be LIBOR determined the date of the borrowing (or for Term
Loan, on the date the Revolving Loans are converted to the Term Loan) plus 2.5%. If any Loan is not repaid within one month, then on the date of the expiration of the initial one-month interest period, and thereafter for so long as such borrowing is
outstanding on the date of the expiration of each successive one-month interest period (or portion thereof), the per annum interest rate will be adjusted to the then current LIBOR, determined as of the expiration of such one-month interest period,
plus 2.5%. Loans may be repaid prior to the end of any one-month interest period without breakage or similar costs. 
 b.
Interest accrued on the Loans shall be due and payable in arrears monthly on the 15th day of each month, beginning on the 15th day of the month
next following the Effective Date, until the Maturity Date, upon which day all accrued interest then unpaid shall be due and payable. Interest shall be computed on the basis of a 360-day year and actual days elapsed. Interest shall be calculated
based on the outstanding principal amount of the Loans. 
 c. At all times that any subordination agreement, as contemplated
by Section 29 herein, shall be in effect, accrued and unpaid interest on Loans, when due and payable (except on the maturity hereof, howsoever such maturity occurs), may, if cash payments in respect of such interest are not permitted
under such subordination agreements and upon at least five (5) business days’ advance notice from Borrower, be paid in the form of additional indebtedness issued by Borrower to Lender, which additional indebtedness shall be in the
principal amount of such due and payable accrued interest and otherwise of like tenor and terms of this Agreement, it being acknowledged and agreed by Lender that payment of such interest amounts by the issuance of such additional indebtedness shall
constitute full and timely payment of such interest amounts when they are due. 

  
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 d. Borrower agrees to pay to Lender a commitment fee on the unused commitment
which shall accrue thereon at the per annum rate of 0.4250% and be payable, in arrears, on the last day of each fiscal quarter of Borrower. 

6. Payment. Borrower hereby promises to pay to Lender interest when due hereunder and all outstanding principal, accrued unpaid
interest and all other amounts owing under this Agreement in full on the Maturity Date. All payments of principal and interest shall be payable in lawful currency of the United States of America at the office of Lender as provided above or such
other address as Lender shall have designated to Borrower, in immediately available funds. Borrower may prepay all or part of the amounts outstanding hereunder at any time without premium or penalty. Any partial prepayment, however, shall be applied
first to any fees or expenses payable to Lender hereunder, second to accrued unpaid interest, and third to the outstanding principal amount of any Loan. 

7. Conditions of Loans. The obligation of Lender to make each Loan described herein is subject to the satisfaction of the following
conditions: 
 a. the representations and warranties of Borrower set forth in this Agreement shall be true and correct on and
as of the date of such Loan; and. 
 b. at the time of and immediately after giving effect to such Loan, no event or
circumstance exists which constitutes, or, with the giving of notice or passage of time, if applicable, would constitute, a Default. 
 Each Loan shall be
deemed to constitute a representation and warranty by Borrower on the date thereof as to the matters specified in this Section 7. 
 8.
Representations and Warranties. Borrower hereby represents and warrants to Lender that: 
 a. Borrower is a limited
partnership duly organized and existing in good standing under the laws of the State of Delaware and is duly qualified as a foreign limited partnership and is in good standing in all states or other jurisdictions where the nature and extent of the
business transacted by it or the ownership of its properties or assets makes such qualification necessary, except for those jurisdictions in which the failure to so qualify would not have a material adverse effect; 

b. on the date hereof, the correct legal name of Borrower and Borrower’s principal place of business, are as specified in
the opening paragraph of this Agreement; 
 c. the execution, delivery and performance of this Agreement and the transactions
contemplated hereunder are all within the limited partnership power and authority of Borrower, have been duly authorized and are not in violation of law or the terms of Borrower’s organizational documentation, or in breach of, or default under,
any indenture, agreement or undertaking to which Borrower is a party or by which Borrower or its property are bound; 

  
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 d. this Agreement constitute a legal, valid and binding obligation of Borrower
enforceable against Borrower in accordance with its terms; except as limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and general principles of equity; 

e. no consent, approval or other action of, or filing with, or notice to any governmental authority is required to be made or
obtained by Borrower in connection with its execution, delivery and performance of this Agreement, except for those consents or approvals already obtained by Borrower; and 

f. the proceeds of the Loans have been and shall be used only for working capital and other general corporate purposes. No part
of the proceeds of any Loan shall be used, whether directly or indirectly, for the purpose of purchasing or carrying margin stock (as defined by the Board of Governors of the Federal Reserve Bank) or for any purpose that entails a violation of any
of the Regulations of the Board of Governors of the Federal Reserve Bank, including Regulations U and X. 
 9. Default. Any of the
following shall constitute a default (“Default”): 
 a. Borrower defaults in the payment or
performance of the terms and conditions of this Agreement and such default continues for 30 days after notice thereof from Lender; or 

b. any representation, warranty or certification made by Borrower herein shall have been untrue in a material respect on the
date when made; or 
 c. Borrower or MEP (i) becomes insolvent or admits in writing its inability to pay its debts as
they mature or (ii) applies for, consents to, or acquiesces in the appointment of a trustee or receiver for any of its property; in the absence of an application, consent, or acquiescence a trustee or receiver is appointed for Borrower or MEP
or a substantial part of its property and is not discharged within 60 days; Borrower or MEP otherwise commits an act of bankruptcy; or any bankruptcy, reorganization, debt arrangement, or other proceeding under any bankruptcy or insolvency law, or
any dissolution or liquidation proceeding, is instituted by or against Borrower or MEP and if instituted is consented to or acquiesced in by it or remains for 60 days undismissed; 

d. any Change of Control of Borrower shall have occurred or Borrower shall dissolve or terminate its existence; 

e. any court shall find or rule, or Borrower shall assert or claim, that this Agreement does not or shall not constitute the
legal, valid, binding and enforceable obligation of Borrower; 
 f. Borrower or MEP, as applicable, shall (i) fail to
pay when due any principal of, or interest on, any indebtedness (other than amounts owed hereunder), the aggregate outstanding amount of which is in excess of $25,000,000, and such failure extends beyond the period of grace, if any, provided for in
the instrument or agreement governing such indebtedness or 

  
 - 5 - 

 
under which such indebtedness was created, or (B) default in the observance or performance of any other agreement or condition (1) under the credit agreement governing the MEP Revolving
Credit Facility (as herein defined) or (2) relating to any indebtedness (other than amounts owed hereunder), the aggregate outstanding amount of which is in excess of $25,000,000, or contained in any instrument or agreement evidencing, securing
or relating to such indebtedness, or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit the holder or holders of such indebtedness (or a trustee or agent on behalf of
such holder or holders) to cause, with the giving of notice and/or lapse of time, if required, any such indebtedness to become due prior to its stated maturity (any applicable grace period having expired); or 

g. any government, board, agency, department, or commission takes possession or control of a substantial part of
Borrower’s property and such possession or control continues for 30 days. 
 10. Acceleration; Termination of Commitment. If a
Default set forth in Section 9.c occurs, (i) the unpaid principal amount of the Loans and all accrued, unpaid interest thereon and other amounts hereunder shall be deemed to have matured and shall become and be immediately due and
payable without demand, presentment for payment, notice of nonpayment, protest, notice of protest, notice of intent to accelerate maturity, notice of acceleration of maturity or any other notice of any kind to Borrower, all of which are expressly
waived by Borrower, anything contained herein to the contrary notwithstanding and (ii) all obligations of Lender to make Loans hereunder shall terminate. If any other Default occurs and continues, Lender (y) may declare the amounts
outstanding under this Agreement immediately due and payable, at which time all unpaid principal amount of the Loans and all accrued, unpaid interest thereon shall immediately become due and payable and (z) may terminate all of its obligations
to make Loans hereunder. In addition, during the existence of a Default, Lender may exercise any and all rights and remedies available at law or in equity. 

11. Termination. Borrower may terminate this Agreement by giving Lender 30 days prior written notice, and upon such termination date,
the Maturity Date shall be deemed to have occurred and all outstanding and accrued, unpaid amounts hereunder shall be due and payable. Notwithstanding anything contained in this Agreement to the contrary, in the event of a Change of Control of the
General Partner, the Maturity Date shall be deemed to have immediately occurred as of the date of such Change of Control. 
 12.
Lender’s Records. Lender shall maintain a loan account in the name of Borrower in which shall be recorded the date and amount of each Loan made by Lender to Borrower and the date and amount of each payment in respect thereof;
provided, however, the failure by Lender to record the date and amount of any Loan shall not adversely affect Lender’s rights or Borrower’s obligations. The records of Lender with respect to the loan account shall be
conclusive evidence of the amounts of Loans and other charges thereto and of payments applicable thereto. Lender shall, upon request of Borrower, provide copies of that portion of its records evidencing loans made by Lender to Borrower and
repayments by Borrower to Lender. 

  
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 13. Binding Effect. This Agreement shall be binding on the respective successors and
permitted assigns of Lender and Borrower and shall inure to the benefit of Lender’s successors and assigns. The Borrower may not assign any of its rights or obligations hereunder without the prior written consent of Lender, and any attempted
assignment hereof, or any part hereof or interest herein without such consent of the Lender shall be void and without force and effect. 

14. Loan Expenses. Except as expressly set forth herein, Borrower shall not be required to pay any fees or other expenses of Lender in
connection with this Agreement or the Loans made hereunder. 
 15. Non-Waiver. No delay or failure by Lender to exercise any right
under this Agreement, and no partial or single exercise of a right, shall constitute a waiver of that or any other right, unless otherwise expressly provided herein. 

16. Governing Law. This Agreement shall be construed in accordance with, and governed by, the laws of the State of New York applicable
to agreements made and to be performed entirely within such State. 
 17. Interpretation. Headings in this Agreement are for
convenience only and shall not be used to interpret or construe its provisions. The meanings of defined terms are equally applicable to the singular and plural forms of the defined terms. The words “herein” and
“hereunder” and words of similar import shall refer to this Agreement as a whole and not to any particular provision thereof. The term “including” is by way of example and not limitation and the word
“or” is not exclusive. 
 18. Counterparts. This Agreement may be executed in two or more counterparts, and
by each party hereto on separate counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument. 

19. Time of Essence. Time is expressly declared to be the essence of this Agreement. 

20. Entire Agreement; Modification. This instrument and any other loan documents executed in connection herewith constitute the entire
Agreement between Lender and Borrower and may not be contradicted by evidence of prior, contemporaneous or subsequent oral agreements of the parties. There are no unwritten oral agreements between the parties. This Agreement may not be modified
except in a writing signed by both parties. 
 21. Notices. All notices under this Agreement shall be in writing and delivered to the
respective parties at their principal offices stated at the beginning hereof or such other address as a party shall have designated to the other party. 

22. No Third Party Beneficiaries. The agreement of Lender to make the loan to Borrower for the account of Borrower on the terms and
conditions set forth in this Agreement, is solely for the benefit of Borrower and no other Person has any rights hereunder against Lender or with respect to the extension of credit contemplated hereby. 

  
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 23. Special Exculpation. No claim may be made by Borrower or any other Person against
Lender or its partners, or equity interest holders or any of its or their respective directors, officers, employees, attorneys or agents of any of them for any special, indirect, consequential or punitive damages in respect of any claim for breach
of contract or any other theory of liability arising out of or relating to this Agreement or any other financing document or the transactions contemplated hereby or thereby, or any act, omission or event occurring in connection therewith and
Borrower hereby waives, releases and agrees not to sue upon any claim for any such damages, whether or not accrued and whether or not known or suspected to exist in its favor. 

24. Waiver of Jury Trial. EACH OF BORROWER AND LENDER HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT NOT PROHIBITED BY LAW, ANY AND
ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

25. Indemnification. Borrower agrees to pay on demand all reasonable costs and expenses incurred by Lender in connection with
enforcement of this Agreement. Borrower agrees to the fullest extent permitted by law, to indemnify and hold harmless Lender and each of its affiliates, or any of its or their partners, members, equity interest holders, directors, officers,
employees and agents (each an “Indemnified Party”) from and against any and all claims, damages, liabilities and expenses (including without limitation fees and disbursements of counsel) arising out of or in connection with
any investigation, litigation or proceeding (whether or not any Indemnified Party is a party) arising out of, related to or in connection with this Agreement, the Loans made hereunder or any transaction in which any proceeds of all or any part of
the Loans made hereunder are applied. 
 26. Severability. If any term or provision of this Agreement shall be determined to be
illegal or unenforceable, all other terms and provisions of this Agreement shall nevertheless remain effective and shall be enforced to the fullest extent permitted by applicable law. 

27. Further Assurances. The parties agree (i) to furnish upon request to each other such further information, (ii) to execute
and deliver to each other such other documents, and (iii) to do such other acts and things, all as the other party may reasonably request for the purpose of carrying out the intent of this Agreement. 

28. Interest Rate Limitation. Notwithstanding anything herein to the contrary, if at any time the interest rate applicable to any
amounts outstanding hereunder, together with all fees, charges and other amounts which are treated as interest on such amounts under applicable law (collectively the “Charges”), shall exceed the maximum lawful rate (the
“Maximum Rate”) which may be contracted for, charged, taken, received or reserved by Lender in accordance with applicable law, the rate of interest payable in respect of such amounts outstanding hereunder, together with all
Charges payable in respect thereof, shall be limited to the Maximum Rate and, to the extent lawful, the interest and Charges that would have been payable in respect of such amounts outstanding but were not payable as a result of the operation of
this Section 28 shall be cumulated and the interest and Charges payable to Lender in respect of other amounts outstanding hereunder or periods shall be increased (but not above the Maximum Rate therefor) until such cumulated amount, together
with interest thereon at the Federal Funds Effective Rate to the date of repayment, shall have been received by such Lender. “Federal Funds Effective Rate” as used herein means, for any day, the

  
 - 8 - 

 
weighted average (rounded upwards, if necessary, to the next 1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds
brokers, as published on the next succeeding business day by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a business day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the
quotations for such day for such transactions received by Lender from three Federal funds brokers of recognized standing selected by it. 

29. Subordination. Lender agrees that at the request of the administrative agent (the “Administrative Agent”)
under MEP’s principal commercial bank revolving credit facility (the “MEP Revolving Credit Facility”), it will execute and deliver to the Administrative Agent an agreement in form and substance as agreed between Lender
and the Administrative Agent, which expressly subordinates Lender’s right to payment on Loans on the terms expressly provided therein; provided, Borrower acknowledges and agrees that: 

a. the provisions of any such subordination agreement, as amended and in effect, define the relative rights of Lender and the
Administrative Agent, and nothing contained therein is intended to or shall impair the obligations of Borrower hereunder, which are unconditional and absolute, to pay the amounts owed and owing under this Agreement as and when the same shall become
due and payable in accordance with its terms, or to affect the relative rights of creditors of Borrower other than the relative rights of Lender and the Administrative Agent, as therein expressly provided, 

b. Borrower’s failure to make any payment (principal, interest, fees, costs, expenses or otherwise) in respect of any
Loans when due because such payment is prohibited by any such subordination agreement, as amended and in effect, shall not prevent such failure from constituting a default under this Agreement, and 

c. until all amounts owed by Borrower to Lender hereunder have been paid in full, the Borrower may not, and shall not permit
any of its affiliates to, grant or permit any liens on any asset or property to secure the MEP Revolving Credit Facility, unless it and each of them has granted or concurrently grants a Lien to Lender on such asset or property to secure its
obligations hereunder, on a second-priority basis, and Borrower hereby expressly agrees, for itself and its subsidiaries, to grant, create, perfect and maintain, and to cause to be granted, created, perfected and maintained, liens on its and their
assets and properties in favor of Lender, to secure all amounts from time to time owing hereunder, in scope, nature, type of, but second priority to, the liens at any time, and from time to time, granted, created, perfected and maintained to secure
the MEP Revolving Credit Facility. 
 Without limiting the generality of the foregoing, Borrower specifically acknowledges and agrees that
the provisions of any such subordination agreement, as amended and in effect, are not for the benefit of, and may not be enforced by, Borrower or any other obligors of the MEP Revolving Credit Facility or the Loans. 

[Remainder of Page Intentionally Left Blank] 

  
 - 9 - 

 IN WITNESS WHEREOF the parties have caused this Agreement to be executed by their proper officers
on the day and year first above written. 
  

			
	ENBRIDGE ENERGY PARTNERS, L.P.
		
	By:	 	 Enbridge Energy Management, L.L.C.,
 as
delegate of Enbridge Energy Company, Inc.,
 as general partner

		
	By:	 	 /s/ Chris Kaitson

	Name:	 	Chris Kaitson
	Title:	 	Vice President—Law and Assistant Secretary
	
	MIDCOAST OPERATING, L.P.
		
	By:	 	Midcoast Holdings, L.L.C, as general partner of Midcoast Energy Partners, L.P., as sole member of Midcoast OLP GP, L.L.C., as general partner
		
	By:	 	 /s/ Chris Kaitson

	Name:	 	Chris Kaitson
	Title:	 	Vice President—Law and Assistant Secretary

 [Signature Page to Working Capital Loan Agreement]

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