Document:

EX-10.1

 Exhibit 10.1 

Execution Version 

CONTRIBUTION AGREEMENT 

between 
 AZURE
MIDSTREAM ENERGY, LLC, 
 the “Contributor”, 

and 
 AZURE MIDSTREAM
PARTNERS, LP, 
 the “Partnership” 

Dated August 6, 2015 

Concerning the Acquisition of all of the Equity Interests in Azure ETG, LLC 

 TABLE OF CONTENTS 

 

							
	 Article I DEFINITIONS AND INTERPRETATIONS
	  	 	2	  
	 1.1
	 	 Definitions
	  	 	2	  
	 1.2
	 	 Interpretations
	  	 	2	  
		
	 Article II CONTRIBUTION OF THE INTERESTS
	  	 	2	  
	 2.1
	 	 Contribution of the Interests
	  	 	2	  
	 2.2
	 	 Consideration for the Interests
	  	 	2	  
	 2.3
	 	 Proposed Closing Statement and Post-Closing Adjustment
	  	 	3	  
	 2.4
	 	 1060 Allocation
	  	 	4	  
		
	 Article III REPRESENTATIONS AND WARRANTIES OF CONTRIBUTOR
	  	 	5	  
	 3.1
	 	 Organization; Qualification
	  	 	5	  
	 3.2
	 	 Authority; Enforceability.
	  	 	5	  
	 3.3
	 	 Non-Contravention; Consents and Approvals
	  	 	6	  
	 3.4
	 	 Governmental Approvals
	  	 	6	  
	 3.5
	 	 Capitalization
	  	 	7	  
	 3.6
	 	 Financial Statements.
	  	 	7	  
	 3.7
	 	 Absence of Certain Changes
	  	 	8	  
	 3.8
	 	 Compliance with Law
	  	 	8	  
	 3.9
	 	 Legal Proceedings
	  	 	8	  
	 3.10
	 	 Environmental
	  	 	8	  
	 3.11
	 	 Qualifying Income
	  	 	9	  
	 3.12
	 	 Adequacy of Assets
	  	 	10	  
	 3.13
	 	 Assets Other than Real Property Interests
	  	 	10	  
	 3.14
	 	 Title to Real Property.
	  	 	10	  
	 3.15
	 	 Material Contracts.
	  	 	11	  
	 3.16
	 	 Consideration Value Adjustments
	  	 	12	  
	 3.17
	 	 Permits
	  	 	13	  
	 3.18
	 	 Intellectual Property
	  	 	13	  
	 3.19
	 	 Taxes.
	  	 	13	  
	 3.20
	 	 Employee Benefits; Employment and Labor Matters
	  	 	14	  
	 3.21
	 	 Regulatory Status
	  	 	14	  
	 3.22
	 	 Brokers’ Fee
	  	 	15	  
	 3.23
	 	 Securities Laws
	  	 	15	  
	 3.24
	 	 Bankruptcy
	  	 	15	  
	 3.25
	 	 Books and Records
	  	 	16	  
		
	 Article IV REPRESENTATIONS AND WARRANTIES REGARDING THE PARTNERSHIP
	  	 	16	  
	 4.1
	 	 Organization; Qualification
	  	 	16	  
	 4.2
	 	 Authority; Enforceability
	  	 	16	  
	 4.3
	 	 Non-Contravention
	  	 	16	  
	 4.4
	 	 Governmental Approvals
	  	 	17	  
	 4.5
	 	 Equity Consideration Units
	  	 	17	  
	 4.6
	 	 Delivery of Fairness Opinion
	  	 	17	  

  
 i 

							
	 4.7
	 	 Excluded Assets
	  	 	18	  
	 4.8
	 	 Brokers’ Fee
	  	 	18	  
	 4.9
	 	 Securities Laws
	  	 	18	  
		
	 Article V COVENANTS OF THE PARTIES
	  	 	18	  
	 5.1
	 	 Expenses.
	  	 	18	  
	 5.2
	 	 Tax Matters
	  	 	19	  
	 5.3
	 	 Financial Statements
	  	 	19	  
	 5.4
	 	 Further Assurances
	  	 	20	  
		
	 Article VI CLOSING
	  	 	20	  
	 6.1
	 	 Closing
	  	 	20	  
	 6.2
	 	 Deliveries by Contributor
	  	 	20	  
	 6.3
	 	 Deliveries by the Partnership
	  	 	20	  
		
	 Article VII INDEMNIFICATION
	  	 	21	  
	 7.1
	 	 Indemnification by Contributor
	  	 	21	  
	 7.2
	 	 Indemnification by the Partnership
	  	 	21	  
	 7.3
	 	 Limitations and Other Indemnity Claim Matters
	  	 	22	  
	 7.4
	 	 Indemnification Procedures.
	  	 	23	  
	 7.5
	 	 Express Negligence
	  	 	24	  
	 7.6
	 	 No Reliance.
	  	 	25	  
	 7.7
	 	 Tax Treatment
	  	 	25	  
		
	 Article VIII GOVERNING LAW AND CONSENT TO JURISDICTION
	  	 	26	  
	 8.1
	 	 Governing Law
	  	 	26	  
	 8.2
	 	 Consent to Jurisdiction; Waiver of Right to Trial by Jury
	  	 	26	  
		
	 Article IX GENERAL PROVISIONS
	  	 	26	  
	 9.1
	 	 Amendment and Modification
	  	 	26	  
	 9.2
	 	 Waiver of Compliance; Consents
	  	 	27	  
	 9.3
	 	 Notices
	  	 	27	  
	 9.4
	 	 Assignment
	  	 	27	  
	 9.5
	 	 Third Party Beneficiaries
	  	 	28	  
	 9.6
	 	 Entire Agreement
	  	 	28	  
	 9.7
	 	 Severability
	  	 	28	  
	 9.8
	 	 Representation by Counsel
	  	 	28	  
	 9.9
	 	 Disclosure Schedules
	  	 	28	  
	 9.10
	 	 Facsimiles; Counterparts
	  	 	29	  

  

			
	 EXHIBITS:

	
	 Exhibit A - Definitions

	 Exhibit B-1 - ETG Gathering System

	 Exhibit B-2 - ETG Personal Property

	 Exhibit B-3 - ETG Real Property Interests

	 Exhibit B-4 - Certain ETG Contracts

	 Exhibit C - Excluded Assets Assignment

	
	 SCHEDULES:

	
	 Contributor Disclosure Schedules

	 Partnership Disclosure Schedules

  
 ii 

 CONTRIBUTION AGREEMENT 

THIS CONTRIBUTION AGREEMENT (this “Agreement”) executed and delivered on August 6, 2015 (the “Closing
Date”) is made and entered into by and between Azure Midstream Energy, LLC, a Delaware limited liability company (the “Contributor”), and Azure Midstream Partners, LP, a Delaware limited partnership (the
“Partnership”). The above-named entities are sometimes referred to in this Agreement each as a “Party” and collectively as the “Parties.” 

RECITALS 
 WHEREAS, the
Contributor owns, directly or indirectly, all of the outstanding membership interests (the “Interests”) in Azure ETG, LLC, a Delaware limited liability company formerly named TPF II East Texas Gathering, LLC
(“ETG”) that owns and operates the East Texas Gathering System, a map of which is attached as Exhibit B-1; 

WHEREAS, the Contributor desires to sell, transfer and convey the Interests (as defined herein) to the Partnership or its designee, subject to
the Partnership’s payment of the Consideration (as defined herein) and its entering into the Transaction Documents (as defined herein) and agreeing to its undertakings and Obligations (as defined herein) set forth therein; 

WHEREAS, the Conflicts Committee of the Board of Directors of the General Partner (the “Conflicts Committee”) has
(i) received an opinion of Simmons & Company International (“Simmons”), the financial advisor to the Conflicts Committee, that the consideration to be paid by the Partnership for the Interests pursuant to this
Agreement is fair to the Partnership and the Partnership’s common unitholders (other than the General Partner (as defined herein) and its Affiliates (as defined herein)) from a financial point of view, (ii) determined that the transactions
contemplated by the Transaction Documents are (x) in the best interest of the Partnership Group (as defined in the Partnership Agreement), (y) fair and reasonable to the Partnership, taking into account the totality of the relationships
among the parties involved, and (z) on terms no less favorable to the Partnership than those generally provided to or available from unrelated third parties, and (iii) granted Special Approval pursuant to Section 7.9 of the
Partnership Agreement and recommended that the Board of Directors of the General Partner approve the transactions contemplated by the Transaction Documents and, subsequently, the Board of Directors of the General Partner has approved the
transactions contemplated by the Transaction Documents; 
 WHEREAS, the Partnership wishes to purchase and acquire the Interests from
Contributor, and in consideration therefor pay the Payoff Consideration (as defined herein) and the cash Consideration and issue and deliver the Equity Consideration Units (as defined herein), and enter into the Transaction Documents and agree to
its undertakings and Obligations thereunder; 

  
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 NOW, THEREFORE, in consideration of the foregoing and the mutual covenants set forth herein, and
other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties, intending to be legally bound, hereby undertake and agree as follows: 

ARTICLE I 

DEFINITIONS AND INTERPRETATIONS 

1.1 Definitions. Capitalized terms used in this Agreement but not defined in
the body of this Agreement shall have the meanings ascribed to them in Exhibit A. 
 1.2
Interpretations. In this Agreement, unless a clear contrary intention appears: (a) the singular includes the plural and vice versa; (b) reference to a Person includes such Person’s successors and
assigns but, in the case of a 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) references to any Exhibit, Schedule, Section, Article, Annex, subsection and other subdivision refer to the corresponding Exhibits, Schedules, Sections, Articles, Annexes, subsections and other subdivisions of this Agreement
unless expressly provided otherwise; (e) references in any Section or Article or definition to any clause means such clause of such Section, Article or definition; (f) “hereunder,” “hereof,” “hereto” and words
of similar import are references to this Agreement as a whole and not to any particular provision of this Agreement; (g) the word “or” is not exclusive, and the word “including” (in its various forms) means “including
without limitation”; (h) each accounting term not otherwise defined in this Agreement has the meaning commonly applied to it in accordance with GAAP; (i) references to “days” are to calendar days; and (j) all references
to money refer to the lawful currency of the United States. The Table of Contents and the Article and 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. 
 ARTICLE II 

CONTRIBUTION OF THE INTERESTS 

2.1 Contribution of the Interests. Simultaneously with the Parties’
execution and delivery of this Agreement, (a) the Contributor has contributed, transferred, conveyed and delivered to Marlin Midstream, LLC, a Delaware limited liability company and the Subsidiary designated by the Partnership to hold the
Interests (“Marlin Midstream”), all of the Interests, free and clear of all Liens (other than Permitted Liens of the type set forth in parts (h)-(i) of such definition), in exchange for the consideration set forth in
Section 2.2 and (b) the Partnership has acquired, assumed and accepted the Interests. 
 2.2
Consideration for the Interests. In consideration for the contribution of the Interests, the Partnership is obligated to deliver the Consideration to the Contributor. At the Closing, the Partnership delivered to
(or for the benefit of) the Contributor the following: 
 (a) to the Contributor, the Equity Consideration Units; 

(b) directly to the administrative agent under that certain Credit Agreement, dated as of November 15, 2013 (as amended), among Azure
Midtream Holdings LLC, Contributor and the financial institutions party thereto $80,000,000 (the “Payoff Consideration”); and 

(c) to the Contributor, an amount equal to the estimated Consideration less the sum of (x) the Payoff Consideration and
(y) $3,000,000. 

  
 2 

 2.3 Proposed Closing Statement and Post-Closing
Adjustment. 
 (a) Prior to the Closing Date, the Contributor, with the reasonable assistance of the
Partnership, prepared and delivered to the Partnership a statement (the “Proposed Closing Statement”), setting forth the Contributor’s reasonable good faith estimate, including reasonable detail, of the Consideration and
the components thereof including any Consideration Increases and Consideration Decreases and any other adjustments expressly provided in this Agreement. 

(b) As soon as reasonably practical, but in any event no later than 45 days following the Closing Date, the Contributor, with the reasonable
assistance of the Partnership, shall cause to be prepared and delivered to the Partnership a statement, including reasonable detail, of the Consideration and the components thereof including any Consideration Increases and Consideration Decreases,
and any other adjustments expressly provided in this Agreement, which statement shall be, except to the extent not reasonably practical, similar in all material respects in form and scope to that presented by the Contributor in the Proposed Closing
Statement (the “Closing Statement”). The Partnership shall provide the Contributor and its representatives reasonable access, upon reasonable notice and during the regular business hours of the Partnership, to the books and
records of ETG that is reasonably necessary for the Contributor to prepare the Closing Statement. 
 (c) Upon receipt of the Closing
Statement, the Partnership and the Partnership’s independent accountants shall be permitted to examine the schedules and other information used or generated in connection with the preparation of the Closing Statement and such other documents as
the Partnership may reasonably request in connection with its review of the Closing Statement. Within 30 days of receipt of the Closing Statement, the Partnership shall deliver to the Contributor a written statement describing in reasonable detail
its objections, if any, to any amounts or items set forth on the Closing Statement. If the Partnership does not raise objections within such period, then the Closing Statement shall become final and binding upon the Partnership. If the Partnership
raises objections, the Parties shall negotiate in good faith to resolve any such objections. If the Parties are unable to resolve any disputed item (other than disputes involving the application or interpretation of the Law or other provisions of
this Agreement) within 30 days after the Partnership’s delivery to the Contributor of its written statement of objections to the Closing Statement, any such disputed item shall be submitted to a nationally recognized independent accounting firm
mutually agreeable to the Parties who shall be instructed to resolve such disputed item in accordance with the terms of this Agreement within 30 days. The resolution of disputes by the accounting firm so selected shall be set forth in writing and
shall be conclusive, binding and non-appealable upon the Parties, and the Closing Statement, as adjusted by the resolution of the disputed items, shall thereupon become final and binding. The fees and expenses of such accounting firm shall be paid
one-half by the Partnership and one-half by the Contributor. The Parties agree that any disputed item related to the application or interpretation of the Law or other provisions of this Agreement shall not be resolved by the designated accounting
firm, but shall instead be resolved by litigation among the Parties if the Parties are unable to resolve such disputed item through agreement. 

(d) If the Consideration as set forth on the Closing Statement exceeds the estimated Consideration as set forth on the Proposed Closing
Statement, the Partnership shall pay the Contributor cash in the amount of such excess. If the estimated Consideration as set forth on the 

  
 3 

 
Proposed Closing Statement exceeds the Consideration as set forth on the Closing Statement, the Contributor shall pay to the Partnership cash in the amount of such excess. After giving effect to
the foregoing adjustments, any amount to be paid by the Partnership to the Contributor, or to be paid by the Contributor to the Partnership, as the case may be, shall be paid in the manner and with interest as provided in Section 2.3(e)
at a mutually convenient time and place within five Business Days after the later of acceptance of the Closing Statement or the resolution of the Partnership’s objections thereto. 

(e) Any cash payments pursuant to this Section 2.3 shall be made by causing such payments to be credited in immediately available
funds to such account or accounts of the Partnership or the Contributor, as the case may be, as may be designated by the Partnership or the Contributor, as the case may be. If any cash payment is being made after the fifth Business Days referred to
in Section 2.3(d), the amount of the cash payment to be made pursuant to this Section 2.3(e) shall bear interest from and including such fifth Business Day to, but excluding, the date of payment at a rate per annum equal to
the Prime Rate plus two percent. Such interest shall be payable in cash at the same time as the payment to which it relates and shall be calculated on the basis of a year of 365 days and the actual number of days for which payment is due. 

(f) The Parties acknowledge and agree that any inaccuracies, omissions, mischaracterizations or similar errors contained in the Proposed
Closing Statement or the Closing Statement shall not be subject to any “deductible” provided in Section 7.3(a), including the Deductible Amount, or any “cap” provided in Section 7.3(b), including the Cap
Amount. 
 2.4 1060 Allocation. Contributor will, not later than thirty (30) days after the date
hereof, prepare and deliver to the Partnership a schedule (the “Allocation Schedule”) allocating the Consideration, adjusted as necessary for federal income tax purposes, among the proportionate share of the ETG Assets
relating to the Interests in accordance with Section 1060 of the Code and the Treasury Regulations. The Partnership will have the right to raise objections to the Allocation Schedule within fifteen (15) days after its receipt thereof, in
which event the Partnership and Contributor will negotiate in good faith to resolve such objections. If the Partnership and Contributor are unable to resolve any dispute within ten (10) days, the Partnership and Contributor shall retain a
jointly-selected accountant to resolve the disputed items on an expedited basis. Upon resolution of the disputed items, the Allocation Schedule shall be adjusted to reflect such resolution. The costs, fees and expenses of the accountant shall be
borne equally by the Partnership and Contributor. Except to the extent otherwise required by applicable Law, each of the Partnership and Contributor (i) will, and will cause each of its Affiliates to, prepare and file all Tax Returns, in a
manner consistent with the Allocation Schedule and (ii) will not, and will cause each of its Affiliates not to, make any inconsistent statement or adjustment on any Tax Return or during the course of any IRS or other Tax audit or otherwise,
unless required by a final determination of an applicable Tax authority. The Allocation Schedule shall be revised by mutual agreement of the Partnership and Contributor from time to time following the determination thereof as necessary to reflect
any matters that need updating. In the event that the foregoing Consideration allocation is disputed by any Tax authority, the Party (or the Party’s Affiliate) receiving notice of the dispute shall promptly notify the other Party hereto, and
the Parties agree to use commercially reasonable efforts to defend, and to cause their respective Affiliates to defend, such Consideration allocation in any audit or similar Tax proceeding. 

  
 4 

 ARTICLE III 

REPRESENTATIONS AND WARRANTIES OF CONTRIBUTOR 

Contributor hereby represents and warrants to the Partnership as of the Closing Date as follows: 

3.1 Organization; Qualification. Each Contributor Party is a limited liability company duly formed, validly existing and
in good standing under the laws of the State of Delaware. Each Contributor Party has full limited liability company power and authority to own and hold the respective properties and assets they now own and hold and to carry on their respective
business as and where such properties are now owned or held and such business is now conducted, except as could not materially impair such Person’s ability to consummate the transactions contemplated by the Transaction Documents to which such
Person is a party. Each Contributor Party is duly licensed or qualified to do business as a foreign limited liability company and is in good standing in the states in which the character of the properties and assets now owned or held by them or the
nature of the business now conducted by them requires them it to be so licensed or qualified, except where the failure to be so qualified or in good standing could not materially impair such Person’s ability to consummate the transactions
contemplated by the Transaction Documents to which such Person is a party. Contributor has made available to the Partnership true and complete copies of the Organizational Documents of ETG as in effect as of the Closing Date, and there are no
amendments, modifications or rescissions with respect thereto. 
 3.2 Authority; Enforceability. 

(a) Each Contributor Party has the requisite limited liability company power and authority to execute and deliver the Transaction Documents to
which it is a party, to consummate the transactions contemplated thereby and to perform all the terms and conditions thereof to be performed by it. The execution and delivery by each Contributor Party of each Transaction Document to which it is a
party, the consummation by each Contributor Party of the transactions contemplated thereby and the performance by each Contributor Party of all of the terms and conditions thereof to be performed by it have been duly and validly authorized by such
Contributor Party, and no other proceedings on the part of such Contributor Party are necessary to authorize the Transaction Documents to which it is a party, to consummate the transactions contemplated by the Transaction Documents to which it is a
party or to perform all of the terms and conditions thereof to be performed by it. 
 (b) The Transaction Documents to which each
Contributor Party is a party have been duly executed and delivered by such Contributor Party, and, assuming the due authorization, execution and delivery by the other parties thereto, each Transaction Document to which such Contributor Party is a
party constitutes the valid and binding agreement of such Contributor Party, enforceable against it in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, fraudulent transfer, reorganization,
moratorium and similar Laws relating to or affecting creditors’ rights generally and subject, as to 

  
 5 

 
enforceability, to legal principles of general applicability governing the availability of equitable remedies, including principles of commercial reasonableness, good faith and fair dealing
(regardless of whether such enforceability is considered in a proceeding in equity or at law) (collectively, “Creditors’ Rights”). 

3.3 Non-Contravention; Consents and Approvals. Except as set forth on Schedule 3.3 of the Contributor
Disclosure Schedules, the execution, delivery and performance of the Transaction Documents to which each Contributor Party is a party by such Contributor Party and the consummation by such Contributor Party of the transactions contemplated thereby
does not and will not: (a) conflict with any of, or require the consent of any Person under, or result in any breach of, any provision of the Organizational Documents of such Contributor Party; (b) conflict with any of, or require the
consent of any Person under, or constitute a default (or an Event that with the giving of notice or passage of time or both would give rise to a default) or cause any obligation under, or give rise to any right of termination, cancellation,
amendment, preferential purchase right or acceleration (with or without the giving of notice, or the passage of time or both) under any of the terms, conditions or provisions of any Contract to which such Contributor Party or any of their respective
Subsidiaries is a party or by which any property or asset of such Contributor Party or any of their respective Subsidiaries is bound or affected; (c) assuming compliance with the matters referred to in Section 3.4, conflict with or
violate any Law to which such Contributor Party or any of their respective Subsidiaries is subject or by which any property or asset of such Contributor Party or any of their respective Subsidiaries is bound; (d) constitute (with or without the
giving of notice or the passage of time or both) an Event which would result in the creation of, or afford any Person the right to obtain, any Lien (other than Permitted Liens) on any asset of such Contributor Party or any of their respective
Subsidiaries; or (e) result in the revocation, cancellation, suspension, or material modification, individually or in the aggregate, of any Governmental Approval that is necessary or desirable for the ownership, lease or operation of the ETG
Assets or the ETG Business as now conducted, including any Governmental Approvals under any applicable Environmental Law, except, in the cases of clauses (b), (c), (d) and (e), for such defaults or rights of termination, cancellation,
amendment, acceleration, violations or Liens as could materially impair such Person’s ability to consummate the transactions contemplated by the Transaction Documents to which such Person is a party. 

3.4 Governmental Approvals. Except as set forth on Schedule 3.4 of the Contributor Disclosure Schedules, no
declaration, filing or registration with, or notice to, or authorization, consent or approval of, any Governmental Authority, including any declaration, filing or registration with, or notice to, or authorization, consent or approval of, any
Governmental Authority under any applicable Environmental Law, is necessary for (i) the consummation by each Contributor Party of the transactions contemplated by the Transaction Documents to which it is a party or (ii) the enforcement
against any Contributor Party of its Obligations under the Transaction Documents except in the cases of clauses (i) and (ii), other than such declarations, filings, registrations, notices, authorizations, consents or approvals that have been
obtained or made or that would in the ordinary course be made or obtained after the Closing, or which, if not obtained or made, could not reasonably be expected to materially impair such Person’s ability to consummate the transactions
contemplated by the Transaction Documents to which such Person is a party. 

  
 6 

 3.5 Capitalization. 

(a) All of the Interests are duly authorized and validly issued in accordance with the Organizational Documents of ETG, and are fully paid (to
the extent required under the Organizational Documents of ETG) and nonassessable (except as nonassessability may be affected by Sections 18-303, 18-607 and 18-804 of the Delaware LLC Act) and have not been issued in violation of any preemptive
rights, rights of first refusal or other similar rights of any Person. Contributor owns all of the Interests free and clear of all Liens other than (i) transfer restrictions imposed by federal and state securities laws, and (ii) any
transfer restrictions contained in ETG’s Organizational Documents. The Interests are certificated. 
 (b) There are no preemptive
rights, rights of first refusal or other outstanding rights, options, warrants, conversion rights, equity appreciation rights, redemption rights, repurchase rights, agreements, arrangements, calls, subscription agreements, commitments or rights of
any kind that obligate either Contributor or ETG to issue or sell any equity interests of ETG or any securities or Obligations convertible or exchangeable into or exercisable for, or giving any Person a right to subscribe for or acquire, any equity
interests in ETG, and no securities or Obligations evidencing such rights are authorized, issued or outstanding. 
 (c) ETG has no
outstanding bonds, debentures, notes or other Obligations the holders of which have the right to vote on any matter (or convertible into or exercisable for securities having the right to vote on any matter) with the holders of ETG’s equity
interests. 
 (d) Neither Contributor nor ETG is a party to any agreements, arrangements, or commitments obligating it to grant, deliver or
sell, or cause to be granted, delivered or sold, the Interests, by sale, lease, license or otherwise, other than this Agreement. 
 (e)
There are no voting trusts, proxies or other agreements or understandings to which either Contributor or ETG is bound with respect to the voting of the Interests. 

3.6 Financial Statements. 

(a) Contributor has made available to the Partnership (i) an unaudited consolidated balance sheet of the ETG Business as of
December 31, 2014 and December 31, 2013, and the related unaudited income statement and statement of cash flows, for the twelve-month period of operations of the ETG Business ending December 31,
2014 and the related unaudited income statement and statement of cash flows, for the period of operations of the ETG Business from November 15, 2013 to December 31, 2013, together with the footnotes thereto, if any (the “ETG
Unaudited Annual Financial Statements”); and (ii) unaudited consolidated balance sheets of the ETG Business as of the period ended June 30, 2015 and June 30, 2014 and the related unaudited consolidated income statement
and statement of cash flows for the periods of operations of the ETG Business then ended, together with the footnotes thereto, if any (the “ETG Unaudited Interim Financial Statements” and, together with the ETG Unaudited
Annual Financial Statement, the “ETG Financial Statements”). The ETG Financial Statements (A) are consistent with the books and records of Contributor, (B) have been prepared in accordance with GAAP and
(C) present fairly, in all material respects, the consolidated financial position and operating results, equity and cash flows of the ETG Business as of, and for the periods ended on, the respective dates thereof. 

  
 7 

 (b) None of Contributor, ETG and their respective Subsidiaries has any liability, whether
accrued, contingent, absolute, un-liquidated or otherwise, whether due or to become due, or any unrealized or unanticipated loss, which was then or is reasonably expected to be material to the ETG Assets or
the ETG Business and that would be required to be included in the ETG Financial Statements (including the footnotes thereto) under GAAP except for (i) Obligations set forth in the ETG Financial Statements; and (ii) Obligations relating to
the ETG Business that have arisen since and including July 1, 2015 in the ordinary course of business consistent with past practice. 

3.7 Absence of Certain Changes. Except as set forth on Schedule 3.7 of the Contributor Disclosure Schedules
or as expressly contemplated by this Agreement, since December 31, 2014, (a) the ETG Assets have been operated or utilized in the ordinary course and in substantially the same manner consistent with past practices and (b) there have
been no changes in the ETG Assets or the ETG Business that could reasonably be expected to have an ETG Material Adverse Effect. Since December 31, 2014, there has not been any physical damage, destruction or loss in excess of $250,000 to any
portion of the ETG Business, whether or not covered by insurance. 
 3.8 Compliance with Law. Except for Environmental
Laws (which are the subject of Section 3.10(a)) and except as to matters that could not reasonably be expected to have an ETG Material Adverse Effect, (a) Contributor, ETG and their respective Subsidiaries are in compliance with all
Laws applicable to the conduct of the ETG Business as currently conducted or the ownership and use of the ETG Assets; (b) neither Contributor, ETG nor any of their respective Subsidiaries has received written notice of any violation of any Laws
applicable to the conduct of the ETG Business as currently conducted or the ownership and use of the ETG Assets; and (c) to the Knowledge of Contributor or to ETG, neither Contributor, ETG nor any of their respective Subsidiaries is under
investigation by any Governmental Authority for potential non-compliance with any Law applicable to the conduct of the ETG Business as currently conducted or the ownership and use of the ETG Assets. 

3.9 Legal Proceedings. Other than with respect to Proceedings arising under Environmental Laws which are the subject of
Section 3.10(c) and except as set forth on Schedule 3.9 of the Contributor Disclosure Schedules, there are no Proceedings pending or, to the Knowledge of Contributor or ETG, threatened against or by Contributor, ETG and their
respective Subsidiaries (a) relating to or affecting the ETG Business or the ETG Assets, which if determined adversely to Contributor, ETG or any of their respective Subsidiaries, could reasonably be expected to have an ETG Material Adverse
Effect or (b) that question or involve the validity or enforceability of the Obligations of each Contributor Party under this Agreement or the other Transaction Documents or that seeks to prevent or delay, or seeks damages in connection with,
the consummation of the transactions contemplated by this Agreement. 
 3.10 Environmental. Except as set forth in
Schedule 3.10 of the Contributor Disclosure Schedules, and except for matters that could not reasonably be expected to have an ETG Material Adverse Effect: 

(a) ETG, the ETG Assets and the ETG Business have complied and are in compliance with Environmental Laws; 

  
 8 

 (b) Contributor has complied, is in compliance with, and has obtained all Permits required under
Environmental Laws in connection with the ETG Assets, the operation of the ETG Assets and the ETG Business, and all such Permits are valid and currently in full force and effect, free from breach and there are no Proceedings pending to revoke or
limit any of such Permits; 
 (c) ETG, the ETG Assets and the ETG Business are not subject to any pending or, to the Knowledge of
Contributor or ETG, threatened Proceeding pursuant to Environmental Laws, nor has Contributor or any of its Subsidiaries received any written notice of actual or alleged violation, noncompliance, or enforcement or any notice of investigation or
remediation from any Governmental Authority pursuant to Environmental Laws (including designation as a potentially responsible party under the Comprehensive Environmental Response, Compensation, and Liability Act, as amended); 

(d) There has been no Release of a Hazardous Substance on or from the ETG Assets or from or in connection with the operation of the ETG
Business in a manner that would reasonably be expected to give rise to any response cost, or remedial or corrective action Obligations pursuant to Environmental Laws; 

(e) To the Knowledge of Contributor or ETG, there has been no exposure of any Person or property to any Hazardous Substances in connection
with the ETG Assets that would reasonably be expected to form the basis of a material claim for damages or compensation; 
 (f) None of the
following exists at any of the ETG Assets: (i) under or above-ground storage tanks, (ii) asbestos containing material in any form or condition, (iii) materials or equipment containing polychlorinated biphenyls, or (iv) landfills,
surface impoundments, or disposal areas; 
 (g) Neither Contributor nor any of its predecessors or Affiliates has, either expressly or by
operation of Law, assumed or undertaken any liability, including any obligation for corrective or remedial action, of any other Person relating to Environmental Laws; and 

(h) No facts, events or conditions relating to ETG, the ETG Assets or the ETG Business, nor Contributor or any of its predecessors or
Affiliates, will prevent, hinder, or limit continued compliance with Environmental Laws or give rise to any damages or any other Obligations under Environmental Laws. 

This Section 3.10 contains the sole and exclusive representations of Contributor with respect to Environmental Laws, Hazardous
Substances and environmental matters. 
 3.11 Qualifying Income. For the twelve-month period ended December 31,
2014 and the six-month period ended June 30, 2015, more than 90% of the gross income (as determined for U.S. federal income tax purposes) of the ETG Business was “qualifying income” within the meaning of Section 7704(d) of the
Code. 

  
 9 

 3.12 Adequacy of Assets. Except as set forth on Schedule 3.12 of
the Contributor Disclosure Schedules, all of the assets, interests and other rights necessary to own the ETG Assets, and conduct the ETG Business in the ordinary course and in substantially the same manner as currently being conducted and consistent
with past practices, are owned or leased by Contributor and its Subsidiaries and constitute a portion of the ETG Assets, all of which will be assets of ETG upon assignment of the Interests pursuant to the Interests Assignment, except as could not
reasonably be expected to have an ETG Material Adverse Effect. 
 3.13 Assets Other than Real Property Interests 

(a) ETG has good and valid title to all the ETG Assets (other than real property, which is the subject of Section 3.14(a)), free
and clear of all Liens except for Permitted Liens. 
 (b) All the ETG Assets which constitute property, plant and equipment have been
maintained in accordance with generally accepted industry practice and are in good operating condition and repair, ordinary wear and tear excepted, and adequate for the purposes for which they are currently being used or held for use. This
Section 3.13 does not relate to real property or interests in real property, such items being the subject of Section 3.14. 

3.14 Title to Real Property. 

(a) Other than as set forth on Schedule 3.14(a) of the Contributor Disclosure Schedules, the ETG Assets include a valid right and
interest for ETG to conduct the ETG Business on land whereupon such ETG Business is currently being conducted, which interest is sufficient for the ETG Business as such ETG Business is being conducted as of the Closing Date (collectively, the
“ETG Property”), free and clear of all Liens except Permitted Liens, and except as could not reasonably be expected to have an ETG Material Adverse Effect. 

(b) Other than as set forth on Schedule 3.14(b) of the Contributor Disclosure Schedules, with respect to any ETG Property that consists
of real property owned in fee by ETG, ETG has good and indefeasible title to such real property, free and clear of all Liens except Permitted Liens. 

(c) Other than as set forth on Schedule 3.14(c) of the Contributor Disclosure Schedules, ETG has, and the ETG Assets include, such
consents, easements, rights-of-way, permits, real property licenses and surface leases (collectively, “Rights-of-Way”) as are sufficient to operate the ETG Assets as such ETG Assets are being operated as of the Closing Date,
except as could not reasonably be expected to have an ETG Material Adverse Effect. ETG has fulfilled and performed all its material Obligations with respect to such Rights-of-Way and, to the Knowledge of Contributor or ETG, no Event has occurred
that allows, or after notice or lapse of time would allow, revocation or termination thereof or that would result in any impairment of the rights of the holder of any such Rights-of-Way, except for such revocations, terminations and impairments that
could not reasonably be expected to have an ETG Material Adverse Effect. 
 (d) Other than as set forth on Schedule 3.14(d) of the
Contributor Disclosure Schedules (i) (A) there are no pending Proceedings to modify the zoning classification of, or to condemn or take by power of eminent domain, all or any part of the ETG Property and
(B)

  
 10 

 
neither Contributor nor ETG has any Knowledge of any such threatened Proceeding, which (in either case), if pursued, could reasonably be expected to have an ETG Material Adverse Effect,
(ii) to the extent located in jurisdictions subject to zoning, the ETG Property is properly zoned for the existence, occupancy and use of the ETG Assets located on such ETG Property, except as could not reasonably be expected to have an ETG
Material Adverse Effect, and (iii) none of the ETG Assets and the operations thereof are subject to any conditional use permits or “permitted non-conforming use” or “permitted non-conforming structure” classifications or
similar permits or classifications, except as would not, either currently or in the case of a rebuilding of or additional construction of improvements, reasonably be expected to have an ETG Material Adverse Effect. 

3.15 Material Contracts. 

(a) Except as set forth on Schedule 3.15 of the Contributor Disclosure Schedules, as of the Closing Date, none of Contributor, ETG and
their respective Subsidiaries is a party to or bound by any Contract used in the ETG Business or included among the ETG Assets that: 

(i) contains any provision or covenant which materially restricts ETG from engaging in any lawful business activity or
competing with any Person or operate at any location, including any preferential rights, rights of first refusal or rights of first offer granted to third parties; 

(ii) (A) relates to the creation, incurrence, assumption, or guarantee of any Indebtedness or other Obligations by ETG
(including so-called take-or-pay or keepwell agreements) or (B) creates a capitalized lease obligation; 
 (iii) is in
respect of the formation of any partnership, joint venture or other arrangement or otherwise relates to the joint ownership or operation of the assets owned by ETG or which requires ETG to invest funds in or make loans to, or purchase any securities
of, another Person; 
 (iv) relates to any commodity or interest rate swap, cap or collar agreements or other similar hedging
or derivative transactions; 
 (v) is a bond, letter of credit, guarantee or security deposit posted (or supported) by or on
behalf of ETG; 
 (vi) includes the acquisition of assets or properties or the sale of assets or properties (whether by
merger, sale of stock, sale of assets or otherwise); 
 (vii) involves a sharing of profits, losses, costs or Obligations by
ETG with any other Person other than gas processing contracts; 
 (viii) relates as of the Closing Date to (A) the
purchase of materials, supplies, goods, services, equipment or other assets, (B) the purchase, sale, transporting, treating, gathering, processing or storing of, or gas compressing services rendered in connection with, natural gas, condensate
or other liquid or gaseous hydrocarbons or the products therefrom, or the provision of services related thereto, (C) the construction of capital 

  
 11 

 
assets, (D) the management of any part or all of the ETG Assets or ETG Business, (E) services provided to or in connection with, the ETG Assets or the ETG Business, (F) the paying
of commissions related to the ETG Business, (G) advertising contracts and (H) other similar types of Contracts of the kind listed in (A) through (G) above, in the cases of clauses (A), (B), (C), (D), (E), (F), (G) and (H),
that provides for annual payments by or to ETG in excess of $250,000; 
 (ix) provides for indemnification of one or more
Persons by ETG or the assumption of any Tax, environmental or other liability of any Person; and 
 (x) otherwise involves
the annual payment by or to ETG of more than $250,000 and cannot be terminated by ETG on 90 days or less notice without payment by ETG of any material penalty. 

(b) Contributor has made available to the Partnership a true and correct copy of each Contract required to be disclosed on Schedule
3.15 of the Contributor Disclosure Schedules. 
 (c) Each ETG Contract is a valid and binding obligation of ETG, and is in full force
and effect and enforceable in accordance with its terms against such entity and, to the Knowledge of Contributor or ETG, the other parties thereto, except, in each case, as enforcement may be limited by Creditors’ Rights, and no defenses,
off-sets or counterclaims have been asserted or, to the Knowledge of Contributor or ETG, threatened by any other party thereto nor has ETG executed any waiver that waives any material rights thereunder. 

(d) ETG is not, and to the Knowledge of Contributor or ETG, no other party to any ETG Contract is in default or breach in any material respect
under the terms of any ETG Contract and no Event has occurred that with the giving of notice or the passage of time or both would constitute a breach or default in any material respect by ETG or, to the Knowledge of Contributor or ETG, any other
party to any ETG Contract, or would permit termination, modification or acceleration under any ETG Contract. 
 (e) None of Contributor, ETG
and their respective Subsidiaries has received any material prepayment, advance payment, deposit or similar payment, and has no refund obligation, with respect to any gas or other hydrocarbons (including liquid products) or products purchased, sold,
transported, gathered, stored or processed by or on behalf of ETG with respect to the ETG Business; and (ii) none of Contributor, ETG and their respective Subsidiaries has received any material compensation for transportation, gathering,
storage or processing services with respect to the ETG Business which would be subject to any refund or create any repayment obligation either by or to ETG, and to the Knowledge of Contributor or ETG, there is no basis for a claim that a refund is
due with respect to the ETG Business. 
 3.16 Consideration Value Adjustments. 

(a) As of the date of the Effective Time and the Closing Date, ETG has (and will have) a Working Capital Amount (Actual) equal to or in excess
of the Working Capital Amount (Normal), which is an amount adequate for its level of operations, consistent with past practices. 
 (b) ETG
has no Indebtedness. 

  
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 (c) Except for the Non-Current Liabilities of $11,625,000 listed in the ETG Unaudited Interim
Financial Statements, ETG has no Non-Current Liabilities. 
 (d) Except for cash distributions in respect of the equity interests in ETG
prior to the Effective Time which constitutes a Consideration Increase, since December 31, 2014, ETG has not transferred any ETG Assets to any Person or entered into any Contracts with Affiliates. Except for the Gathering Agreement, ETG is not
a party to any Contract with any Affiliate of ETG. 
 (e) Except as Schedule 3.16, all customer accounts receivable and notes
receivable of ETG, whether reflected in the most recent ETG Financial Statements or subsequently created, have arisen from bona fide transactions in the ordinary course of business and have been collected or are good and collectible at the aggregate
recorded amounts thereof, net of any applicable reserves for doubtful accounts reflected in the most recent ETG Financial Statements or reflected in the Working Capital Amount (Actual). ETG has good and marketable title to its accounts receivable,
free and clear of all Liens. Schedule 3.16 sets forth, by customer name and account, all receivables of ETG which would be classified as current assets under the classification “accounts receivable” on ETG’s balance sheets
(a) that have remained or are expected to remain unpaid for more than 75 days after the due date of the original invoice or 120 days after the date of the invoice, (b) as to which any unresolved dispute with the customer exists or
(c) that are owed by a debtor in any bankruptcy or insolvency case. 
 3.17 Permits. Other than with respect to
Permits issued pursuant to or required under Environmental Laws, which are the subject of Section 3.10(b), ETG has, and the ETG Assets include, all Permits necessary for the ownership and operation of the ETG Assets except for those the
failure of which to have could not reasonably be expected to have an ETG Material Adverse Effect. 
 3.18 Intellectual
Property. Schedule 3.18 of the Contributor Disclosure Schedules sets forth a true and complete list of all patents, registered trademarks and registered copyrights and applications therefor
(collectively, “Registered Intellectual Property”) included among the ETG Assets that are material to the operation of the ETG Business. With respect to registered trademarks included among the Registered Intellectual
Property, Schedule 3.18 of the Contributor Disclosure Schedules sets forth a list of all jurisdictions in which such trademarks are registered or applied for as of the Closing Date, and all registration and application numbers. Except as
set forth on Schedule 3.18 of the Contributor Disclosure Schedules, ETG owns the right to use without claim of infringement by any other person, all intellectual property that is material to the operation of the ETG Business as currently
conducted. The consummation of the transactions contemplated hereby will not impair or require the consent of any person with respect to any such rights, in each case, except as could not, individually or in the aggregate, have, or reasonably be
expected to have, an ETG Material Adverse Effect. 
 3.19 Taxes. 

(a) All material Tax Returns required to be filed by ETG or with respect to ETG, the ETG Business and ETG Assets prior to the Closing Date
(taking into account any valid extension of the due date for filing) have been timely filed, all such Tax Returns are complete and correct in all material respects and all Taxes due from ETG or relating to ETG, the ETG Business and ETG Assets have
been paid in full. 

  
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 (b) No material Tax audits or administrative or judicial proceedings are being conducted or are
pending with respect to ETG or any portion of ETG, the ETG Assets or the ETG Business. 
 (c) All material Taxes required to be withheld,
collected or deposited by or with respect to ETG, the ETG Assets and ETG Business have been timely withheld, collected or deposited as the case may be, and to the extent required, have been paid to the relevant taxing authority. 

(d) There are no outstanding agreements or waivers extending the applicable statutory periods of limitation for any material Taxes associated
with ETG or the ownership of ETG or operation of the ETG Assets and the ETG Business for any period. 
 (e) ETG is not a party to any Tax
sharing agreement, Tax indemnity agreement Tax allocation agreement or similar agreement (excluding customary Tax indemnification provisions in commercial Contracts not relating to Taxes). 

(f) ETG has not been a party to a transaction that is a “reportable transaction,” as such term is defined in Treasury Regulations
Section 1.6011-4(b)(1). 
 (g) Since its formation, ETG has been, and is currently classified as, an entity disregarded as separate
from its owner for U.S. federal income tax purposes and ETG has not elected to be treated as a corporation for U.S. federal income tax purposes. 

(h) ETG has not been a member of or is a successor to an entity that has been a member of an affiliated group filing a consolidated federal
income Tax Return or has any liability for the Taxes of any Person under Treasury Regulation Section 1.1502-6 (or any similar provision of state, local or foreign Law), as a transferee or successor, by contract, or otherwise. 

3.20 Employee Benefits; Employment and Labor Matters. ETG does not have any employees and does not sponsor, maintain or
contribute to any “employee benefit plan”, as such term is defined in Section 3(3) of ERISA, or any other employee benefit plan or compensation plan. ETG has no actual or potential liability with respect to any pension plan subject to
Title IV of ERISA. 
 3.21 Regulatory Status. ETG is not (a) an “investment
company” or a company “controlled” by an “investment company” within the meaning of the Investment Company Act of 1940, as amended, and the rules and regulations promulgated thereunder or (b) a “holding
company,” a “subsidiary company” of a “holding company,” an “affiliate” of a “holding company,” a “public utility” or a “public-utility company,” as each such term is defined in the
Public Utility Holding Company Act of 2005. ETG has not been operated or provided services as a “natural gas company” subject to the jurisdiction of FERC under the Natural Gas Act of 1938, as amended. ETG has not utilized its facilities to
provide service as a common carrier subject to the jurisdiction of FERC under the Interstate Commerce Act as such statute is implemented by FERC pursuant to the Department of Energy Organization Act of 1977. None

  
 14 

 
of the “intrastate pipelines” that are part of the ETG Business provide transportation services pursuant to Section 311 of the Natural Gas Policy Act of 1978. None of the
“intrastate pipelines” that are part of the ETG Business provide service to public utilities in Louisiana thereby becoming subject to Louisiana Public Service Commission jurisdiction. 

3.22 Brokers’ Fee. Except as set forth on Schedule 3.22 of the Contributor Disclosure Schedules, neither
Contributor nor ETG has entered (directly or indirectly) into any agreement with any broker, investment banker, financial advisor or other Person that would obligate the Partnership or any of its Subsidiaries to pay any broker’s, finder’s,
financial advisor’s or other similar fee or commission in connection with this Agreement or the transactions contemplated herein. 

3.23 Securities Laws. 

(a) Contributor has such knowledge and experience in financial and business matters so as to be capable of evaluating the merits and risks of
its investment in the Equity Consideration Units and is capable of bearing the economic risk of such investment. The Contributor is an “accredited investor” as that term is defined in Rule 501 of Regulation D (without regard to Rule
501(a)(4)) promulgated under the Securities Act. The Contributor is acquiring the Equity Consideration Units for investment for its own account and not with a view toward or for sale in connection with any distribution thereof, or with any present
intention of distributing or selling the Equity Consideration Units. The Contributor does not have any Contract or arrangement with any Person to sell, transfer or grant participations to such Person or to any third Person, with respect to the
Equity Consideration Units. The Contributor acknowledges and understands that (i) the acquisition of the Equity Consideration Units has not been registered under the Securities Act and that the Contributor is acquiring the Equity Consideration
Units in reliance on an exemption therefrom and (ii) the Equity Consideration Units will, upon such acquisition, be characterized as “restricted securities” under state and federal securities laws. The Contributor agrees that the
Equity Consideration Units may be sold, transferred or offered for sale or otherwise disposed of except pursuant to an effective registration statement under the Securities Act or pursuant to an available exemption from the registration requirements
of the Securities Act, and in compliance with other applicable state and federal securities laws. 
 (b) The Contributor has undertaken such
investigation as it has deemed necessary to enable it to make an informed and intelligent decision with respect to the execution, delivery and performance of this Agreement and the acquisition of the Equity Consideration Units. The Contributor has
had an opportunity to ask questions and receive answers from the Partnership regarding the terms and conditions of the sale and transfer of the Equity Consideration Units and has had the opportunity to ask questions and receive answers from the
Partnership concerning the Equity Consideration Units and the Partnership’s business and assets. 
 3.24
Bankruptcy. There are no bankruptcy, reorganization or arrangement proceedings pending against, being contemplated by, or to the Knowledge of Contributor or ETG, threatened against Contributor or any of its
Subsidiaries. 

  
 15 

 3.25 Books and Records. The books and records of ETG, the ETG Business that
are necessary for the ownership and operation of the ETG Assets have been maintained in accordance with prudent industry practice and such books and records have been made available to the Partnership. 

ARTICLE IV 

REPRESENTATIONS AND WARRANTIES REGARDING THE PARTNERSHIP 

The Partnership represents and warrants to Contributor as of the Closing Date as follows: 

4.1 Organization; Qualification. The Partnership is a limited partnership duly formed, validly existing and in good
standing under the law of the State of Delaware. The Partnership has full partnership power and authority to own and hold the properties and assets it now owns and holds and to carry on its business as and where such properties are now owned or held
and such business is now conducted, except as could not materially impair the Partnership’s ability to consummate the transactions contemplated by the Transaction Documents to which it is a party. The Partnership is duly licensed or qualified
to do business as a foreign partnership, and is in good standing in the states in which the character of the properties and assets now owned or held by it or the nature of the business now conducted by it requires it to be so licensed or qualified,
except where the failure to be so qualified or in good standing could not materially impair such the Partnership’s ability to consummate the transactions contemplated by the Transaction Documents to which it is a party. The Partnership has made
available to Contributor true and complete copies of the Organizational Documents of the Partnership as in effect on the Execution Date. 

4.2 Authority; Enforceability. 

(a) The Partnership has the requisite limited partnership power and authority to execute and deliver the Transaction Documents to which it is a
party, to consummate the transactions contemplated thereby and to perform all the terms and conditions thereof to be performed by it. The execution and deliver by the Partnership of the Transaction Documents to which it is a party, the consummation
by it of the transactions contemplated thereby and the performance by it of all of the terms and conditions thereof to be performed by it, have been duly and validly authorized by the Partnership, and no other proceedings on the part of the
Partnership are necessary to authorize the Transaction Documents to which it is a party, to consummate the transactions contemplated by the Transaction Documents to which it is a party or to perform all of the terms and conditioned thereof to be
performed by it. 
 (b) The Transaction Documents to which the Partnership is a party have been duly executed and delivered by the
Partnership and, assuming the due authorization, execution and delivery by the other parties thereto, each Transaction Document to which the Partnership is a party constitutes the valid and binding agreement of the Partnership, enforceable against
the Partnership in accordance with its terms, except as such enforceability may be limited by Creditors’ Rights. 
 4.3
Non-Contravention. Except as set forth on Schedule 4.3 of the Partnership Disclosure Schedules, the execution, delivery and performance of the Transaction Documents to 

  
 16 

 
which the Partnership is a party by the Partnership and the consummation by the Partnership of the transactions contemplated thereby does not and will not: (a) conflict with any of, or
require the consent of any Person under, or result in any breach of, any provision of the Organizational Documents of the Partnership; (b) conflict with any of, or require the consent of any Person under, or constitute a default (or any Event
that with the giving of notice of passage of time or both would give rise to a default) or cause any obligation under, or give rise to any right of termination, cancellation, amendment, preferential purchase right or acceleration (with or without
the giving of notice, or the passage of time or both) under any of the terms, conditions or provisions of any Contract to which the Partnership is a party or by which any property or asset of the Partnership is bound of affected; (c) assuming
compliance with the matters referred to in Section 4.4, conflict with or violate any Law to which the Partnership is subject or by which any property or asset of the Partnership is bound; (d) constitute (with or without the giving
of notice or the passage of time or both) an Event which would result in the created of, or afford any Person the right to obtain, any Lien (other than Permitted Liens) on any asset of the Partnership or (e) result in the revocation,
cancellation, suspension, or material modification, individually or in the aggregate, of any Governmental Approval that is necessary or desirable for the ownership, lease or operation of any Partnership property and other assets utilized in carrying
on its business as now conducted, including any Governmental Approvals under any applicable Environmental Law, except, in the case of clauses (b), (c), (d) and (e), other than such defaults or rights of termination, cancellation, amendment,
acceleration, violations or Liens as could not reasonably be expected to materially impair the Partnership’s ability to consummate the transactions contemplated by the Transaction Documents to which it is a party. 

4.4 Governmental Approvals. Except as set forth in Schedule 4.4 of the Partnership Disclosure Schedules, no
declaration, filing, or registration with, or notice to, or authorization, consent or approval of, any Governmental Authority, including any declaration, filing or registration with, or notice to, or authorization, consent or approval of, any
Governmental Authority under any applicable Environmental Law, is necessary for (i) the consummation by the Partnership of the transactions contemplated by the Transaction Documents to which it is a party or (ii) the enforcement against
the Partnership of its Obligations under the Transaction Documents, except in the cases of clauses (i) and (ii), other than such declarations, filings, registrations, notices, authorizations, consents or approvals that have been obtained or
made or that would in the ordinary course be made or obtained after the Closing, or which, if not obtained or made, could not reasonably be expected to materially impair the Partnership’s ability to consummate the transactions contemplated by
the Transaction Documents to which it is a party. 
 4.5 Equity Consideration Units. The Equity Consideration Units
have been duly authorized and validly issued in accordance with the Partnership Agreement, and have not been issued in violation of any preemptive rights, rights of first refusal or other similar rights of any Person. The Partnership’s Common
Units, including the Equity Consideration Units, are listed on the NYSE, and the Partnership has not received any notice of delisting. 

4.6 Delivery of Fairness Opinion. The Conflicts Committee has received an opinion of Simmons, the financial advisor to
the Conflicts Committee, that the consideration to be paid by the Partnership as consideration for the Interests pursuant to this Agreement is fair to the Partnership and its common unitholders (other than General Partner and its Affiliates) from a
financial point of view. 

  
 17 

 4.7 Excluded Assets. The Partnership acknowledges and confirms that, at or
prior to the Closing Date, ETG transferred its right, title and interest in the Excluded Assets pursuant to the Excluded Assets Assignment and that no Excluded Asset constitutes and ETG Asset. 

4.8 Brokers’ Fee. Except as set forth on Schedule 4.7 of the Partnership Disclosure Schedules, the
Partnership has not entered (directly or indirectly) into any agreement with any broker, investment banker, financial advisor or other Person that would obligate Contributor or any of its Affiliates to pay any broker’s, finder’s, financial
advisor’s or other similar fee or commission in connection with this Agreement or the transactions contemplated herein. 
 4.9
Securities Laws. 
 (a) The Partnership has such knowledge and experience in financial and business matters so as to be capable
of evaluating the merits and risks of its investment in the Interests and is capable of bearing the economic risk of such investment. The Partnership is an “accredited investor” as that term is defined in Rule 501 of Regulation D (without
regard to Rule 501(a)(4)) promulgated under the Securities Act. The Partnership is acquiring the Interests for investment for its own account and not with a view toward or for sale in connection with any distribution thereof, or with any present
intention of distributing or selling the Interests. The Partnership does not have any Contract or arrangement with any Person to sell, transfer or grant participations to such Person or to any third Person, with respect to the Interests. The
Partnership acknowledges and understands that (i) the acquisition of the Interests has not been registered under the Securities Act and that the Partnership is acquiring the Interests in reliance on an exemption therefrom and (ii) the
Interests will, upon such acquisition, be characterized as “restricted securities” under state and federal securities laws. The Partnership agrees that the Interests may be sold, transferred or offered for sale or otherwise disposed of
except pursuant to an effective registration statement under the Securities Act or pursuant to an available exemption from the registration requirements of the Securities Act, and in compliance with other applicable state and federal securities
laws. 
 (b) The Partnership has undertaken such investigation as it has deemed necessary to enable it to make an informed and intelligent
decision with respect to the execution, delivery and performance of this Agreement and the acquisition of the Interests. The Partnership has had an opportunity to ask questions and receive answers from Contributor regarding the terms and conditions
of the sale and transfer of the Interests and has had the opportunity to ask questions and receive answers from Contributor concerning the ETG Business and the ETG Assets. 

ARTICLE V 

COVENANTS OF THE PARTIES 

5.1 Expenses. 

(a) Except as otherwise provided for in this Agreement, (i) Contributor shall pay all costs and expenses incurred by it in connection with
the Transaction Documents and the transactions contemplated thereby and (ii) the Partnership shall pay all costs and expenses incurred by it in connection with the Transaction Documents and the transactions contemplated thereby. 

  
 18 

 (b) Notwithstanding any of the foregoing, if any action at law or equity is necessary to enforce
or interpret the terms of the Transaction Documents, the prevailing Party shall be entitled to reasonable attorneys’ fees and expenses in addition to any other relief to which such Party may be entitled. 

5.2 Tax Matters.  

(a) Each of the Parties shall cooperate fully, as and to the extent reasonably requested by the other Party, in connection with the filing of
Tax Returns and any audit, litigation or other proceeding with respect to Taxes. Such cooperation shall include the retention and (upon the other Party’s request) the provision of records and information relevant to any such audit, litigation
or other proceeding and making employees available on a mutually convenient basis to provide additional information and explanation of any material provided hereunder. 

(b) All excise, sales, use, registration, stamp, recording, documentary, conveyancing, franchise, property, transfer, gains and similar Taxes,
levies, charges and fees (collectively, “Transfer Taxes”) arising from the transactions contemplated by this Agreement shall be borne equally by Contributor and the Partnership. Notwithstanding anything to the contrary in
this Section 5.3(b), any Tax Returns that must be filed in connection with Transfer Taxes shall be prepared and filed when due by the Party primarily or customarily responsible under the applicable local law for filing such Tax Returns, and
such Party will use reasonable efforts to provide such Tax Returns to the other Party at least ten days prior to the due date for such Tax Returns. Upon the filing of Tax Returns in connection with Transfer Taxes, the filing Party shall provide the
other Party with evidence satisfactory to the other Party that such Transfer Taxes have been filed and paid. 
 (c) All Taxes attributable
to the period of Contributor’s ownership of ETG or operation of the ETG Assets before and including the Effective Time shall remain the responsibility of Contributor. All Taxes attributable to the ownership of ETG or operation of the ETG Assets
after the Effective Time shall be the Partnership’s responsibility. All real estate, ad valorem and personal property and similar Taxes associated with the ETG Assets shall be prorated between the Contributor and the Partnership as of the
Effective Time based upon the number of days during the applicable Tax period each Party owned the Assigned Assets subject to such Taxes. Notwithstanding any other provision hereof, the Contributor shall be responsible for income, capital gains,
franchise and other Taxes imposed on them and resulting from the sale of the Interests. 
 5.3 Financial Statements.
The Contributor shall use its commercially reasonable efforts to prepare as soon as practicable after the Closing Date (but in any event within 30 days thereof) any financial statements (including completing audits and obtaining consents from
auditors) that may be required to be filed with the SEC by the Partnership as a result of the transactions contemplated hereby, as necessary to satisfy any rule or regulation of the SEC, to satisfy relevant disclosure Obligations of the Partnership
under the Securities Act or the Exchange Act, or as may otherwise be required by applicable Law or by any securities exchange. The Partnership shall pay and/or reimburse the Contributor for fifty percent of all reasonable costs incurred by such
parties pursuant to or in accordance with this Section 5.3. 

  
 19 

 5.4 Further Assurances. In case at any time after the Closing any further
action is necessary to carry out the purposes of this Agreement, each of the Parties shall take such further action (including the execution and delivery of such further instruments and documents) as the other Party reasonably may request, all at
the sole cost and expense of the requesting Party (unless the requesting Party is entitled to indemnification therefor under Article VII). 

ARTICLE VI 
 CLOSING

 6.1 Closing. The closing (the “Closing”) of the transactions contemplated by this
Agreement was held at the offices of Andrews Kurth LLP, 600 Travis Street, Suite 4200, Houston, Texas simultaneously with the execution of this Agreement. 

6.2 Deliveries by Contributor. At the Closing, Contributor delivered (or caused to be delivered) to the Partnership the
following: 
 (a) a counterpart to that certain Assignment of ETG LLC Interests to Marlin Midstream, as the Partnership’s designee (the
“Interests Assignment”) duly executed by Contributor; 
 (b) a counterpart to the Gathering Agreement duly executed
by Contributor; 
 (c) a counterpart to that certain Excluded Assets Assignment duly executed by Contributor; 

(d) a counterpart to that certain Parent Guaranty duly executed by Contributor; 

(e) releases of Liens evidencing the discharge and removal of all Liens on the ETG Assets, if any, other than Permitted Liens; and 

(f) all books and records relating to the ETG Assets (including books of account, Tax returns and supporting work papers, Right-of-Way files,
Contract files and the like relating to the ETG Assets) that are in the possession of Contributor. 
 6.3 Deliveries by the
Partnership. At the Closing, the Partnership delivered (or caused to be delivered) the following to Contributor: 
 (a) the
estimated Consideration as described in Section 2.2; 
 (b) certificates representing the Equity Consideration Units; 

(c) a counterpart of the Interests Assignment, duly executed by the Partnership and Marlin Midstream; 

(d) a counterpart of the Excluded Assets Assignment duly executed by ETG; 

(e) a counterpart of the Gathering Agreement, duly executed by the ETG; and 

  
 20 

 (f) such other documents, certificates and other instruments as were requested by Contributor
prior to the Closing to carry out the intent and purposes of this Agreement. 
 ARTICLE VII 

INDEMNIFICATION 

7.1 Indemnification by Contributor. Solely for the purposes of the indemnities made in this Section 7.1, the
representations and warranties (other than in Section 3.6(b)) made by Contributor in this Agreement shall be deemed to have been made without regard to any materiality, ETG Material Adverse Effect, monetary or similar qualifiers. Subject
to the terms of this Article VII, from and after the Closing, Contributor shall indemnify and hold harmless the Partnership and its partners, members, managers, directors, officers, employees, consultants and permitted assigns
(collectively, the “Partnership Indemnitees”), to the fullest extent permitted by Law, from and against any losses, claims, damages, liabilities and costs and expenses (including reasonable attorneys’ fees and reasonable
expenses of investigating, defending and prosecuting litigation) (collectively, “Losses”) incurred or suffered by the Partnership Indemnitees as a result of, caused by, arising out of or relating to: 

(a) any breach, violation or inaccuracy of any of the Contributor Fundamental Representations (in each case, when made); 

(b) any breach, violation or inaccuracy of any of the other representations or warranties (in each case, when made) of Contributor contained
in this Agreement; 
 (c) any breach of any of the covenants or agreements of Contributor contained in this Agreement; 

(d) Retained Obligations; and 

(e) EOG Contract Losses, incurred as of each EOG EBITDA Period. 

7.2 Indemnification by the Partnership. Solely for the purposes of the indemnities made in
this Section 7.2, the representations and warranties made by Contributor in this Agreement shall be deemed to have been made without regard to any materiality, monetary or similar qualifiers. Subject to the terms of this
Article VII, from and after the Closing, the Partnership shall indemnify and hold harmless the Contributor and its partners, members, managers, directors, officers, employees, consultants and permitted assigns (collectively, the
“Contributor Indemnitees”), to the fullest extent permitted by Law, from and against any Losses incurred or suffered by the Contributor Indemnitees as a result of, caused by, arising out of or relating to: 

(a) any breach, violation or inaccuracy of any of the Partnership Fundamental Representations (in each case, when made); 

(b) any breach, violation or inaccuracy of any of the other representations or warranties (in each case, when made) of the Partnership
contained in this Agreement; and 

  
 21 

 (c) any breach of any of the covenants or agreements of the Partnership contained in this
Agreement. 
 7.3 Limitations and Other Indemnity Claim Matters. Notwithstanding anything
to the contrary in this Article VII or elsewhere in this Agreement (subject to Section 7.3(f)), the following terms shall apply to any claim for monetary damages arising out of this Agreement or related to the transactions
contemplated hereby: 
 (a) Deductible. Neither Party will have any liability under Section 7.1(b) or
Section 7.2(b), as applicable, unless and until the Partnership Indemnitees or the Contributor Indemnities, as applicable, have suffered Losses in excess of $830,000 in the aggregate (the “Deductible”) arising
from Claims under Section 7.1(b) or Section 7.2(b), as applicable, and then recoverable Losses claimed under Section 7.1(b) or Section 7.2(b), as applicable, shall be limited to those that exceed the
Deductible. 
 (b) Cap. Each Party’s aggregate liability under Section 7.1(b) or Section 7.2(b), as
applicable, shall not exceed $8,300,000 in the aggregate (the “Cap”). 
 (c) Survival; Claims Period. 

(i) The representations and warranties of the Parties under this Agreement shall survive the execution and delivery of this
Agreement and shall continue in full force and effect until the 18-month anniversary of the Closing Date (the “Expiration Date”); provided that the Contributor Fundamental Representations and Partnership Fundamental
Representations shall survive for a period equal to the applicable statute of limitations for each such representation (the “Fundamental Expiration Date”). 

(ii) No action for any violation, breach or inaccuracy of any representation or warranty contained herein shall be brought
after the Expiration Date or the Fundamental Expiration Date, as applicable, except for claims of which a Party has received a Claim Notice setting forth in reasonable detail the claimed misrepresentation or breach of warranty with reasonable
detail, prior to the Expiration Date. 
 (d) Calculation of Losses. In calculating amounts payable to any Indemnitee (each such
person, an “Indemnified Party”) for a claim for indemnification hereunder, the amount of any indemnified Losses shall be determined without duplication of any other Loss for which an indemnification claim has been made or
could be made under any other representation, warranty, covenant or agreement and shall be computed net of (i) payments actually recovered by the Indemnified Party under any insurance policy with respect to such Losses and (ii) any prior
or subsequent actual recovery by the Indemnified Party from any Person other than the applicable indemnifying party (an “Indemnifying Party”) with respect to such Losses. Notwithstanding anything herein to the contrary except
as provided in Section 7.3(e), the recovery of an Indemnified Party pursuant to Section 7.1 or Section 7.2, as applicable, shall be limited to the actual Losses incurred by such Indemnified Party based on the
economic ownership of such Indemnified Party in the Partnership as of the Closing. 
 (e) Waiver of Certain Damages. Notwithstanding
any other provision of this Agreement except for the assertion of any claim based on fraud or willful misconduct, in no 

  
 22 

 
event shall any Party be liable for punitive, special, indirect, consequential, remote, speculative or lost profits damages of any kind or nature, regardless of the form of action through which
such damages are sought, except (i) for any such damages recovered by any third party against an Indemnified Party in respect of which such Indemnified Party would otherwise be entitled to indemnification pursuant to the terms hereof and
(ii) in the case of consequential damages, (A) to the extent an Indemnified Party is required to pay consequential damages to an unrelated third party and (B) to the extent of consequential damages to an Indemnified Party arising from
fraud or willful misconduct. 
 (f) Sole and Exclusive Remedy. Except for the assertion of any claim based on fraud or willful
misconduct, the remedies provided in this Article VII shall be the sole and exclusive legal remedies of the Parties, from and after the Closing, with respect to this Agreement and the transactions contemplated hereby. 

7.4 Indemnification Procedures. 

(a) Each Indemnitee agrees that promptly after it becomes aware of facts giving rise to a claim by it for indemnification pursuant to this
Article VII, including receipt by it of notice of any Proceeding, by any third party with respect to any matter as to which it claims to be entitled to indemnity under the provisions of this Agreement, such Indemnitee must assert its
claim for indemnification under this Article VII (each, a “Claim”) by providing a written notice (a “Claim Notice”) to the Indemnifying Party allegedly required to provide indemnification
protection under this Article VII specifying, in reasonable detail, the nature and basis for such Claim (e.g., the underlying representation, warranty, covenant or agreement alleged to have been breached). Such notice shall
include a formal demand for indemnification under this Agreement. Notwithstanding the foregoing, an Indemnitee’s failure to send or delay in sending a third party Claim Notice will not relieve the Indemnifying Party from liability hereunder
with respect to such Claim except to the extent the Indemnifying Party is materially prejudiced by such failure or delay and except as is otherwise provided herein. If the indemnified party knowingly failed to notify the Indemnifying Party thereof
in accordance with the provisions of this Agreement in sufficient time to permit the indemnifying party or its counsel to defend against such matter and to make a timely response thereto including any responsive motion or answer to a complaint,
petition, notice or other legal, equitable or administrative process relating to the Claim, the Indemnifying Party’s indemnity obligation relating to such Claim shall be limited to the extent that such knowing failure to notify the Indemnifying
Party has actually resulted in material prejudice or damage to the Indemnifying Party. Except as specifically provided herein, each Indemnitee’s rights and remedies set forth in this Agreement will be effective regardless of any inspection or
investigation conducted, or the awareness of any matters acquired (or capable or reasonably capable of being acquired), by or on behalf of such Indemnitee or by its directors, officers, employees, or representatives or at any time (regardless of
whether notice of such knowledge has been given to the Indemnifying Party), whether before or after the Closing Date with respect to any circumstances constituting a condition under this Agreement. 

(b) In the event of the assertion of any third party Claim for which, by the terms hereof, an Indemnifying Party is obligated to indemnify an
Indemnitee, the Indemnifying Party will have the right, at such Indemnifying Party’s expense, to assume the defense of same including the appointment and selection of counsel on behalf of the Indemnitee so long as such

  
 23 

 
counsel is reasonably acceptable to the Indemnitee. If the Indemnifying Party elects to assume the defense of any such third party Claim, it shall within 30 days of its receipt of the Claim
Notice notify the Indemnitee in writing of its intent to do so. Any such contest may be conducted in the name and on behalf of the Indemnifying Party or the Indemnitee as may be appropriate. The Indemnifying Party will have the right to settle or
compromise or take any corrective or remediation action with respect to any such Claim by all appropriate proceedings, which proceedings will be diligently prosecuted by the Indemnifying Party to a final conclusion or settled at the discretion of
the Indemnifying Party. The Indemnitee will be entitled, at its own cost, to participate with the Indemnifying Party in the defense of any such Claim. If the Indemnifying Party assumes the defense of any such third-party Claim but fails to
diligently prosecute such Claim, or if the Indemnifying Party does not assume the defense of any such Claim, the Indemnitee may assume control of such defense and in the event it is determined pursuant to the procedures set forth in this
Article VII that the Claim was a matter for which the Indemnifying Party is required to provide indemnification under the terms of this Article VII, the Indemnifying Party will bear the reasonable costs and expenses of such
defense (including reasonable attorneys’ fees and expenses). The Indemnifying Party’s assumption of the defense of any claim shall not constitute an admission by such indemnifying party that is ultimately liable to provide indemnification
hereunder. 
 (c) If requested by the Indemnifying Party, the Indemnitee agrees to reasonably cooperate with the Indemnifying Party and its
counsel in contesting any Claim that the Indemnifying Party elects to contest or, if appropriate, in making any counterclaim against the Person asserting the Claim, or any cross-complaint against any Person, and the Indemnifying Party will reimburse
the Indemnitee for any reasonable expenses incurred by it in so cooperating. At no cost or expense to the Indemnitee, the Indemnifying Party shall reasonably cooperate with the Indemnitee and its counsel in contesting any Claim. 

(d) Notwithstanding anything to the contrary in this Agreement, the Indemnifying Party will not be permitted to settle, compromise, take any
corrective or remedial action or enter into an agreed judgment or consent decree, in each case, that subjects the Indemnitee to any criminal liability, requires an admission of guilt, wrongdoing or fault on the part of the Indemnitee or imposes any
continuing obligation on or requires any payment from the Indemnitee without the Indemnitee’s prior written consent. 
 (e)
Notwithstanding anything in this Article VII to the contrary, any indemnification payment to be made to an Indemnitee pursuant to this Article VII shall be effected by wire transfer of immediately available funds from the
Indemnifying Party to an account designated by the Indemnitee within ten (10) days after the final determination thereof. 
 7.5
Express Negligence. THE PARTIES INTEND THAT THE INDEMNITIES SET FORTH IN THIS ARTICLE VII BE CONSTRUED AND APPLIED AS WRITTEN ABOVE, NOTWITHSTANDING ANY RULE OF CONSTRUCTION TO THE CONTRARY.
WITHOUT LIMITING THE FOREGOING, SUCH INDEMNITIES SHALL APPLY NOTWITHSTANDING ANY STATE’S “EXPRESS NEGLIGENCE” OR SIMILAR RULE THAT WOULD DENY COVERAGE BASED ON AN INDEMNIFIED PARTY’S SOLE OR CONCURRENT, ACTIVE OR PASSIVE
NEGLIGENCE, GROSS NEGLIGENCE OR STRICT LIABILITY. IT IS THE INTENT OF THE PARTIES 

  
 24 

 
THAT, TO THE EXTENT PROVIDED ABOVE, THE INDEMNITIES SET FORTH IN THIS ARTICLE VII SHALL APPLY TO AN INDEMNIFIED PARTY’S SOLE OR CONCURRENT, ACTIVE OR PASSIVE NEGLIGENCE OR GROSS
NEGLIGENCE. THE PARTIES AGREE THAT THIS PROVISION IS “CONSPICUOUS” FOR PURPOSES OF ALL STATE LAWS. 
 7.6 No
Reliance. 
 (a) THE REPRESENTATIONS AND WARRANTIES OF CONTRIBUTOR CONTAINED IN ARTICLE III CONSTITUTE THE SOLE
AND EXCLUSIVE REPRESENTATIONS AND WARRANTIES OF CONTRIBUTOR TO THE PARTNERSHIP IN CONNECTION WITH THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. THE REPRESENTATIONS AND WARRANTIES OF THE PARTNERSHIP CONTAINED IN ARTICLE IV CONSTITUTE
THE SOLE AND EXCLUSIVE REPRESENTATIONS AND WARRANTIES OF THE PARTNERSHIP TO CONTRIBUTOR IN CONNECTION WITH THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. EXCEPT FOR SUCH REPRESENTATIONS AND WARRANTIES, NO PARTY OR ANY OTHER PERSON MAKES ANY OTHER
EXPRESS OR IMPLIED REPRESENTATION OR WARRANTY WITH RESPECT TO SUCH PARTY OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT, AND EACH PARTY DISCLAIMS ANY OTHER REPRESENTATIONS OR WARRANTIES, WHETHER MADE BY SUCH PARTY OR ANY OF ITS AFFILIATES,
OFFICERS, DIRECTORS, EMPLOYEES, AGENTS OR REPRESENTATIVES (INCLUDING WITH RESPECT TO THE DISTRIBUTION OF, OR ANY PERSON’S RELIANCE ON, ANY INFORMATION, DISCLOSURE OR OTHER DOCUMENT OR OTHER MATERIAL MADE AVAILABLE TO ANY PARTY IN ANY DATA ROOM,
ELECTRONIC DATA ROOM, MANAGEMENT PRESENTATION OR IN ANY OTHER FORM IN EXPECTATION OF, OR IN CONNECTION WITH, THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT). EXCEPT FOR SUCH REPRESENTATIONS AND WARRANTIES, EACH PARTY DISCLAIMS ALL LIABILITY AND
RESPONSIBILITY FOR ANY REPRESENTATION, WARRANTY, PROJECTION, FORECAST, STATEMENT, OR INFORMATION MADE, COMMUNICATED OR FURNISHED (ORALLY OR IN WRITING) TO ANY OTHER PARTY OR ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS OR REPRESENTATIVES
(INCLUDING OPINION, INFORMATION, PROJECTION, OR ADVICE THAT MAY HAVE BEEN OR MAY BE PROVIDED TO ANY PARTY OR ANY OFFICER, DIRECTOR, EMPLOYEE, AGENT OR REPRESENTATIVE OF SUCH PARTY OR ANY OF ITS AFFILIATES). 

7.7 Tax Treatment. Any payments made to any Party pursuant to Article VII shall
constitute an adjustment of the cash Consideration for Tax purposes and shall be treated as such by the Parties on their Tax Returns to the extent permitted by Law. 

  
 25 

 ARTICLE VIII 

GOVERNING LAW AND CONSENT TO JURISDICTION 

8.1 Governing Law. This Agreement shall be governed by and construed and interpreted in accordance with the Laws of the
State of Texas, without giving effect to the conflicts of law provision or rule (whether of the State of Texas or any other jurisdiction) that would cause the application of the Laws of any jurisdiction other than the State of Texas. 

8.2 Consent to Jurisdiction; Waiver of Right to Trial by Jury. 

(a) EACH OF THE PARTIES HERETO AGREES THAT THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS AND, IF SUCH COURT
LACKS SUBJECT MATTER JURISDICTION, THE COURTS OF THE STATE OF TEXAS LOCATED IN DALLAS, TEXAS WILL HAVE EXCLUSIVE JURISDICTION OVER ALL DISPUTES BETWEEN OR AMONG THE PARTIES HERETO ARISING OUT OF OR RELATING TO THIS AGREEMENT AND THE AGREEMENTS AND
DOCUMENTS REFERRED TO HEREIN AND THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY OR THE ACTIONS OF ANY PARTY HERETO IN THE NEGOTIATION, ADMINISTRATION, PERFORMANCE OR ENFORCEMENT HEREOF OR THEREOF. THE PARTIES HEREBY CONSENT AND AGREE TO SUBMIT TO
THE JURISDICTION OF SUCH COURTS. IN ADDITION, EACH OF THE PARTIES HERETO WAIVES, AND AGREES NOT TO ASSERT IN ANY SUCH DISPUTE, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY CLAIM THAT (I) SUCH PARTY IS NOT PERSONALLY SUBJECT TO THE
JURISDICTION OF SUCH COURTS, (II) SUCH PARTY AND SUCH PARTY’S PROPERTY IS IMMUNE FROM ANY LEGAL PROCESS ISSUED BY SUCH COURTS OR (III) ANY LITIGATION COMMENCED IN SUCH COURTS IS BROUGHT IN AN INCONVENIENT FORUM. 

(b) EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY PROCEEDING (WHETHER BASED IN CONTRACT, TORT OR
OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY AGREEMENTS OR DOCUMENTS REFERRED TO HEREIN AND THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY OR THE ACTIONS OF ANY PARTY HERETO IN THE NEGOTIATION, ADMINISTRATION, PERFORMANCE OR
ENFORCEMENT HEREOF OF THEREOF. 
 ARTICLE IX 

GENERAL PROVISIONS 

9.1 Amendment and Modification. This Agreement may be amended, modified or supplemented only by written agreement of the
Parties hereto. With respect to any notice, consent, approval or waiver that is required to be or may be taken or given by the Partnership pursuant to the terms of this Agreement, such notice, consent, approval or waiver shall be taken or given by
the Conflicts Committee on behalf of the Partnership. 

  
 26 

 9.2 Waiver of Compliance; Consents. Except as otherwise provided in this
Agreement, any failure of any of the Parties to comply with any obligation, covenant, agreement or condition in this Agreement or any Transaction Document may be waived by the Party or Parties entitled to the benefits thereof only by a written
instrument signed by the Party or Parties granting such waiver, but such waiver or failure to insist upon strict compliance with such obligation, covenant, agreement or condition shall not operate as a waiver of, or estoppel with respect to, any
subsequent or other failure. 
 9.3 Notices. Any notice, demand or communication required or permitted under this
Agreement shall be in writing and delivered personally, by reputable overnight delivery service or other courier or by certified mail, postage prepaid, return receipt requested, and shall be deemed to have been duly given (a) as of the date of
delivery if delivered personally or by overnight delivery service or other courier or (b) on the date receipt is acknowledged if delivered by certified mail, addressed as follows; provided that a notice of a change of address shall be effective
only upon receipt thereof: 
 If to Contributor to: 

Azure Midstream Energy LLC 

12377 Merit Drive, Suite 300 

Dallas, TX 75251 
 Attention:
President 
 With a copy (which shall not constitute notice) to: 

Azure Midstream Energy LLC 

12377 Merit Drive, Suite 300 

Dallas, TX 75251 
 Attention:
General Counsel 
 If to the Partnership: 

Conflicts Committee of Azure Midstream Partners GP, LLC 

c/o Azure Midstream Energy LLC 

12377 Merit Drive, Suite 300 

Dallas, TX 75251 
 Attention:
Chairman of the Conflicts Committee 
 With a copy (which shall not constitute notice) to: 

Akin Gump Strauss Hauer & Feld, LLP 

111 Louisiana, 44th Floor 

Houston, TX 77002 
 Attention: J.
Vincent Kendrick 
 9.4 Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties and
their successors and permitted assigns. No Party may assign or transfer this 

  
 27 

 
Agreement or any of its rights, interests or Obligations under this Agreement without the prior written consent of the other Parties; provided that the Partnership may assign its rights to any of
its Subsidiaries without the consent of the Contributor; provided, however, that no such assignment shall relieve the Partnership of any of its Obligations under this Agreement. 

9.5 Third Party Beneficiaries. Except as set forth in Section 7.1 as to Partnership Indemnitees and
Section 7.2 as to Contributor Indemnitees, (a) this Agreement shall be binding upon and inure solely to the benefit of the Parties hereto and their respective successors and permitted assigns; (b) none of the provisions of this
Agreement shall be for the benefit of or enforceable by any third party, including any creditor of any Party or any of their Affiliates; and (c) no such third party shall obtain any right under any provision of this Agreement or shall by
reasons of any such provision make any claim in respect of any liability (or otherwise) against any other Party. 
 9.6 Entire
Agreement. This Agreement and the other Transaction Documents constitute the entire agreement and understanding of the Parties with respect to the subject matter hereof and supersede all prior agreements and understandings, both oral and
written, among the Parties or between any of them with respect to such subject matter. 
 9.7 Severability. Whenever
possible, each provision or portion of any provision of this Agreement will be interpreted in such manner as to be effective and valid under applicable Law but if any provision or portion of any provision of this Agreement is held to be invalid,
illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such provision or portion of any provision shall be severable and the invalidity, illegality or unenforceability will not affect any other provision or
portion of any provision in such jurisdiction, and this Agreement will be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision or portion of any provision had never been contained herein. 

9.8 Representation by Counsel. Each Party agrees that it has been represented by independent counsel of its choice during
the negotiation and execution of this Agreement and the documents referred to herein, and that it has executed the same upon the advice of such independent counsel. Each Party and its counsel cooperated in the drafting and preparation of this
Agreement and the documents referred to herein, and any and all drafts relating thereto shall be deemed the work product of the Parties and may not be construed against any Party by reason of its preparation. Therefore, the Parties waive the
application of any Law providing that ambiguities in an agreement or other document will be construed against the Party drafting such agreement or document. 

9.9 Disclosure Schedules. The inclusion of any information (including dollar amounts) in any section of the Contributor
Disclosure Schedules or the Partnership Disclosure Schedules shall not be deemed to be an admission or acknowledgment by a Party that such information is required to be listed on such section of the Contributor Disclosure Schedules or the
Partnership Disclosure Schedules or is material to or outside the ordinary course of the business of such Party or the Person to which such disclosure relates. The information contained in this Agreement, the Exhibits and the Schedules is disclosed
solely for purposes of this Agreement, and no information contained in this Agreement, the Exhibits or the Schedules shall 

  
 28 

 
be deemed to be an admission by any Party to any third Person of any matter whatsoever (including any violation of a legal requirement or breach of contract). The disclosure contained in any
section of a disclosure schedule may be incorporated by reference into any other disclosure schedule section contained therein, and shall be deemed to have been so incorporated into any other disclosure schedule section so long as it is readily
apparent that the disclosure is applicable to such other disclosure schedule. 
 9.10 Facsimiles; Counterparts. This
Agreement may be executed by facsimile signatures by any Party and such signature shall be deemed binding for all purposes hereof, without delivery of an original signature being thereafter required. This Agreement may be executed in one or more
counterparts, each of which, when executed, shall be deemed to be an original and all of which together shall constitute one and the same document. 

[Signature page follows] 

  
 29 

 IN WITNESS WHEREOF, each of the Parties has caused this Agreement to be executed by its
respective duly authorized officers as of the date first above written. 
  

			
	AZURE MIDSTREAM ENERGY, LLC
		
	By:	 	 /s/ I. J. “Chip” Berthelot, II

	Name:	 	I. J. “Chip” Berthelot, II
	Title:	 	President
	
	AZURE MIDSTREAM PARTNERS, LP
	By:	 	 Azure Midstream Partners GP, LLC,

its General Partner

		
	By:	 	 /s/ I. J. “Chip” Berthelot, II

	Name:	 	I. J. “Chip” Berthelot, II
	Title:	 	President

  
 Signature Page to
Contribution Agreement 

 EXHIBIT A 

DEFINITIONS 

“Affiliate” means a Person that directly, or indirectly through one or more intermediaries, controls, or is controlled
by, or is under common control with, a specified Person. A Person shall be deemed to control another Person if such first Person possesses, directly or indirectly, the power to direct, or cause the direction of, the management and policies of such
other Person, whether through the ownership of voting securities, by contract or otherwise. 
 “Agreement” has the
meaning set forth in the introductory paragraph, including the exhibits, schedules and other attachments hereto, as may be amended, supplemented or otherwise modified from time to time. 

“Allocation Schedule” has the meaning set forth in Section 2.4. 

“Business Day” means any day that is not a Saturday, Sunday or other day on which commercial banks in the State of
Texas are authorized or obligated to be closed by applicable Laws. 
 “Cap” has the meaning set forth in
Section 7.3(b). 
 “Claim” has the meaning set forth in Section 7.4(a). 

“Claim Notice” has the meaning set forth in Section 7.4(a). 

“Closing” has the meaning set forth in Section 6.1. 

“Closing Date” has the meaning set forth in the introductory paragraph. 

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

“Common Units” means common units representing limited partnership interests issued by the Partnership that are listed
on the NYSE under the ticker symbol “AZUR.” 
 “Conflicts Committee” has the meaning set forth in the
recitals. 
 “Consideration” means an amount equal to the sum of (i) $83,000,000 plus (a) the amount, if
any, by which the total of the Consideration Increases exceed the total of the Consideration Decreases, or minus (b) the amount, if any, by which the total of the Consideration Decreases exceed the total of the Consideration Increases. 

“Consideration Decreases” means, without duplication of any amounts, (a) if applicable, the Working Capital
Deficit Amount as of the Effective Time, (b) the aggregate amount of any cash dividends or distributions made in respect of any equity interests in ETG after the Effective Time and prior to or at the Closing, (c) the amount of any
Indebtedness as of the Closing and (d) the amount by which the Working Capital Amount (Actual) decreases or is used (i.e. Current Assets decrease and/or the Current Liabilities increase) as a result of satisfying any Non-Current Liabilities or
Indebtedness during the period between the Effective Time and Closing. 

  
 Exhibit A - Page 1 

 “Consideration Increases” means, without duplication of any amounts,
(a) if applicable, the Working Capital Excess Amount as of the Effective Time, (b) the aggregate amount of any cash contributions received by ETG in respect of any equity interests in ETG after the Effective Time and prior to or at the
Closing and (c) the amount by which the Working Capital Amount (Actual) increases (i.e. Current Assets increase and/or the Current Liabilities decrease) as a result of the incurrence of any Non-Current Liabilities or Indebtedness during the
period between the Effective Time and the Closing. 
 “Contract” means any agreements (written or oral),
commitments, leases, licenses, notes, evidences of indebtedness, mortgages, security agreements, bonds, or other instruments, Obligations or binding arrangements or understandings of any kind or character, whether oral or in writing. 

“Contributor” has the meaning set forth in the introductory paragraph. 

“Contributor Disclosure Schedules” means the disclosure schedules to this Agreement prepared by Contributor and
delivered to the Partnership at the Closing. 
 “Contributor Fundamental Representations” means Contributor’s
representations in Section 3.1, Section 3.2, Section 3.3(a), Section 3.5, Section 3.6(b), Section 3.10, Section 3.16, Section 3.19 and
Section 3.22. 
 “Contributor Indemnitees” has the meaning set forth in Section 7.2. 

“Contributor Parties” means Contributor, ETG and TGG Pipeline, Ltd., collectively. 

“Contributor’s Transaction Costs” all expenses, charges, liabilities, Obligations, expenditures or other costs of
Contributor and its Affiliates relating to the preparation for, or the discussion, negotiation, documentation and closing of, the transactions contemplated by this Agreement, including any fees and reimbursements paid to any agent or consultant,
including attorneys, brokers, finders, financial and other advisors and accountants, but excluding any such expenses, charges, liabilities, Obligations, expenditures or other costs that are incurred prior to the Effective Time and are included in
the calculation of Working Capital (Normal). 
 “Control” means, where used with respect to any Person, the
possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through ownership of Voting Interests, by contract or otherwise, and the terms
“Controlling” and “Controlled” have correlative meanings. 
 “Closing
Statement” has the meaning set forth in Section 2.3(b). 
 “Current Assets” means all
current assets of ETG, but excluding deferred Tax assets, if any, determined in accordance with GAAP applied using the same accounting methods, practices, principles, policies and procedures, with consistent classifications, judgments and valuation
and estimation methodologies that were used in the preparation of the ETG Financial Statements. 
 “Current
Liabilities” means all current liabilities of ETG, but excluding (a) deferred Tax liabilities, if any, and (b) current liabilities constituting Indebtedness; in each case, determined in

  
 Exhibit A - Page 2 

 
accordance with GAAP applied using the same accounting methods, practices, principles, policies and procedures, with consistent classifications, judgments and valuation and estimation
methodologies that were used in the preparation of the ETG Financial Statements. 
 “Creditors’ Rights” has the
meaning set forth in Section 3.2(b). 
 “Deductible” has the meaning set forth in
Section 7.3(a). 
 “Delaware LLC Act” means the Delaware Limited Liability Company Act, as amended from
time to time. 
 “Disclosure Schedule” means (i) with respect to Contributor, the Contributor Disclosure
Schedules and (ii) with respect to the Partnership and the Partnership Schedules. 
 “EBITDA” means net income
before interest, income and similar taxes, depreciation and amortization. 
 “Effective Time” means 11:59 P.M.
(Houston time) on June 30, 2015. 
 “Environmental Laws” means any and all Laws pertaining to prevention of
pollution, protection of the environment (including natural resources), remediation of contamination or restoration of environmental quality, or occupational health and workplace safety, including (i) the Resource Conservation and Recovery Act,
(ii) the Clean Air Act; (iii) the Comprehensive Environmental Response, Compensation, and Liability Act; (iv) the Federal Water Pollution Control Act; (v) the Safe Drinking Water Act; (vi) the Toxic Substances Control Act;
(vii) the Emergency Planning and Community Right-to-Know Act; (viii) the National Environmental Policy Act; (ix) the Occupational Safety and Health Act; (x) the Oil Pollution Act of 1990;
(xi) the Hazardous Materials Transportation Act and any amendments to any of the foregoing that become effective prior to the Execution Date. 

“EOG” means EOG Resources, Inc. or its permitted successors and assignees. 

“EOG Contract” means that certain Amended and Restated Gas Gathering Agreement, dated as of November 18, 2010, as
amended and as in effect on the date hereof, between ETG and EOG. 
 “EOG Contract Losses” means Losses incurred by
the Partnership or ETG, or “Keep Whole Payments” (as defined in the EOG Contract) applied, after the EOG Initial Term as a result of ETG’s shipping volumes of gas for EOG at no charge in fulfilling obligations pursuant to
Section 2 of Exhibit C of the EOG Contract with respect to unapplied “Keep Whole Payments”; provided, however, if ETG has generated $12 million or more in ETG EBITDA Post EOG Initial Term, “EOG Contract Losses” shall be
deemed to be zero. 
 “EOG EBITDA Period” means each twelve (12) Month period after the EOG Initial Term. 

“EOG Initial Term” means the Initial Term of the EOG Contract ending on January 31, 2021. 

  
 Exhibit A - Page 3 

 “ETG EBITDA Post EOG Initial Term” means EBITDA for the applicable EOG
EBITDA Period excluding EBITDA from investments made by the Partnership after the Closing Date. 
 “EOG Term” means
the Initial Term of the EOG Contract. 
 “Equity Consideration Units” means a number of Common Units equal to the
product of $3,000,000 divided by the Reference Price, rounded down to the nearest cent. 
 “ERISA” means the
Employee Retirement Income Security Act of 1974, as amended. 
 “ETG” has the meaning set forth in the recitals.

 “ETG Assets” means, other than the Excluded Assets, all rights, title and interest in and to (a) all rights,
interests and other assets owned by ETG, (b) all rights, interests and other assets recorded (or for which the financial results are recorded) in the books and records of ETG or in the ETG Financial Statements, and (c) all rights, title
and interests in the pipeline systems, facilities or other infrastructure, fixtures, linefill, inventory, spare parts and ancillary equipment, contracts and other assets (some of which are leased) set forth in Exhibits B-1 through B-4. For the
avoidance of doubt, the ETG Assets include: 
 (i) the ETG System; 

(ii) all tangible personal property of every kind and nature that is used in the ownership, operation, use or maintenance of
the ETG System, whether or not currently in service, including gathering lines, salt water disposal and fresh water supply wells, regulators, meters, measurement stations, meter and regulator houses, and other miscellaneous meter and regulation
equipment, compressors, dehydrators, drips, gauges, valves, fittings, engines, field equipment, fixtures, trailers, tools, instruments, spare parts, machinery, furnishings, furniture, supplies, inventory, materials and other fixtures, improvements
and appurtenances thereto, wherever located at and used or necessary in the operation of the ETG System including the pipelines and equipment comprising the ETG System and the plant and facility assets described in Exhibit B-2 (collectively,
the “ETG Personal Property”); 
 (iii) all property, Rights-of-Way and other rights, privileges or
interests in real property that are used in the ownership, operation, use or maintenance of the ETG System (collectively, the “ETG Real Property Interests”), including the Real Property Interests that are described in
Exhibit B-3 and all fixtures, buildings, improvements and appurtenances thereto located on or under such ETG Real Property Interests; 

(iv) all benefits and rights under permits, licenses, certificates, orders, approvals, authorizations, grants, consents,
concessions, waivers, registrations, warrants, franchises and similar rights and privileges that are granted by a Governmental Authority and are necessary for, or are used or held for use for or in connection with, the ownership, operation, use or
maintenance of the ETG System, the Personal Property or the ETG Real Property Interests, including the Permits; 

  
 Exhibit A - Page 4 

 (v) all prepaid rent, lease, license or right-of-way payments, security deposits
and options to renew or purchase in connection with the Rights-of-Way; 
 (vi) all warranties, representations and guarantees
made by suppliers, manufacturers, contractors or predecessor’s in interest to ETG covering the ETG Personal Property, ETG Real Property Interests and ETG Contracts; 

(vii) all drip liquids and other liquid hydrocarbons and all line pack to the extent owned by ETG and located at or in the ETG
System as of the Closing Date; 
 (viii) the ETG Contracts, including the ETG Contracts listed on Exhibit B-4,
including all benefits and rights thereunder; 
 (ix) all intangible property rights, including rights in technical
information, shop rights, designs, plans, blueprints, drawings, manuals, specifications, operating procedures and other proprietary technology and data used in connection with the ownership, operation, use or maintenance of the ETG System or the ETG
Personal Property; 
 (x) all rights and benefits of the following, in each case relating to the ETG Assets: (A) all
purchase orders, invoices, storage or warehouse receipts, bills of lading, certificates of title and documents, and (B) all keys, lock combinations, computer access codes and other devices or information necessary to gain entry to or take
possession of such ETG Assets; 
 (xi) copies or originals of all tangible, digital or electronic Contracts, land, title,
engineering, division order files (if applicable), abstracts, environmental, operating, performance, safety, maintenance, warranty, accounting, and other data, files, documents, instruments, notes, correspondence, equipment and part lists, test
reports, procedures and records, historical gathering and processing data, sales and purchase records, materials relating to suppliers, vendors and other service providers, papers, ledgers, journals, reports, abstracts, surveys, engineering reports,
maps, surveys, books, records, designs, plans, blueprints, as-built plans and specifications and system drawings and studies which relate to the ETG Assets or which are used or held for use in connection with, the ownership, operation, use or
maintenance of the ETG Assets; provided, however, such material shall not include (A) any proprietary data that is not used in connection with the continued ownership, use or operations of the ETG Assets, (B) any information subject to
third Person confidentiality agreements for which a consent or waiver cannot be secured after commercially reasonable efforts with no obligation to spend money, or (3) any information which, if disclosed, would violate an attorney-client
privilege or would constitute a waiver of rights as to attorney work product or attorney-client privileged communications, unless such information is needed for operation of the ETG System, and the Parties enter a mutually agreeable joint defense
agreement related thereto (collectively, the “ETG Records”); and 
 (xii) the benefits in and rights
to enforce all claims, causes of action, indemnities, rights of recovery, rights of set off, rights of recoupment, warranties, covenants, guarantees, and all suretyship agreements (and all proceeds from any of the foregoing) to the extent relating
solely to the ETG Assets. 

  
 Exhibit A - Page 5 

 “ETG Business” means the business conducted by ETG, including providing
natural gas gathering, compression, treating and processing and other services with respect to ETG Assets, consistent with past practices. 

“ETG Contracts” means each Contract to which ETG is a party or any of the ETG Assets are subject. 

“ETG Financial Statements” has the meaning set forth in Section 3.6(a). 

“ETG Material Adverse Effect” shall mean with respect to ETG, any Event that, individually or in the aggregate,
is or could reasonably be expected to materially and adversely affect the assets, Obligations, business, condition (financial or otherwise), operations or properties of ETG and its Subsidiaries, taken as a whole, provided that, in determining
whether an ETG Material Adverse Effect has occurred, any change, event or development relating to (i) the industries in which ETG operates, (ii) the United States or global economic conditions or financial markets in general,
(iii) the transactions contemplated by this Agreement, including any public announcement of same, or (iv) changes in Law, shall not be considered to give rise to or constitute an ETG Material Adverse Effect; provided further, that
to be excluded under clause (i)-(iv) above, such condition may not disproportionately affect, as compared to others, ETG and its business, financial condition or operations, as applicable, and its operations related thereto, or physical
condition or revenues or Obligations. 
 “ETG Personal Property” has the meaning set forth in the definition of ETG
Assets. 
 “ETG Real Property Interests” has the meaning set forth in the definition of ETG Assets. 

“ETG Records” has the meaning set forth in the definition of ETG Assets. 

“ETG System” means the natural gas gathering, compression, treating and processing system commonly known as the ETG
System, which is depicted on the map set forth as Exhibit B-1. 
 “ETG Unaudited Annual Financial Statements”
has the meaning set forth in Section 3.6(a). 
 “ETG Unaudited Interim Financial Statements” has the meaning
set forth in Section 3.6(a). 
 “Event” means any event, change, development, effect, condition, matter,
occurrence or state of facts. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules
and regulations promulgated thereunder. 
 “Excluded Assets” means the assets ETG transferred to Contributor
pursuant to the Excluded Assets Assignment. 

  
 Exhibit A - Page 6 

 “Excluded Assets Assignment” means that certain Assignment and Assumption
Agreement of even date herewith between ETG and Contributor. 
 “Expiration Date” has the meaning set forth in
Section 7.3(c)(i). 
 “FERC” means the Federal Energy Regulatory Commission of the United States of
America. 
 “Fundamental Expiration Date” has the meaning set forth in Section 7.3(c)(i). 

“GAAP” means generally accepted accounting principles set forth from time to time in the opinions and pronouncements
of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board (or agencies with similar functions of comparable stature and authority
within the U.S. accounting profession), which are applicable to the circumstances as of the date of determination, consistently applied. 

“Gathering Agreement” means that certain Gas Gathering Agreement dated as of even date herewith between ETG as
gatherer and TGG Pipeline, Ltd. as shipper. 
 “General Partner” means Azure Midstream Partners GP, LLC, a Delaware
limited liability company that is the general partner of the Partnership, or any successor general partner. 
 “Governmental
Authority” means any executive, legislative, judicial, regulatory or administrative agency, body, commission, department, board, court, tribunal, arbitrating body or authority of the United States or any foreign country, or any state,
local or other governmental subdivision thereof. 
 “Holdings” means Azure Midstream Holdings, LLC, a Delaware
limited liability company. 
 “Hazardous Substances” means any substance, waste or materials whether solid, liquid,
or gaseous: (i) which is listed, defined, or regulated as a “hazardous material,” “hazardous waste,” “solid waste,” “hazardous substance,” “toxic substance,” “pollutant,” or
“contaminant,” or otherwise classified as hazardous or toxic or subject to regulation, investigation, control, or remediation, in or pursuant to any Environmental Law; or (ii) which is or contains asbestos, polychlorinated biphenyls,
radon, urea formaldehyde foam insulation, explosives, or radioactive materials; or (iii) which causes or poses a threat to cause a hazard to the environment or to the health or safety of persons. 

“Indebtedness” means, without duplication, (a) all Obligations, now existing or hereafter arising, for money
borrowed or with respect to a capital lease by ETG (including accrued and unpaid interest), or any contingent liability for or guaranty by ETG of any obligation of any other Person (including the pledge of any collateral or grant of any security
interest by ETG in any property as security for any such liability, guaranty or obligation) whether or not any of the foregoing is evidenced by any note, indenture or guaranty and (b) any other liability, indebtedness or Obligation secured by a
mortgage, lien or other security interest (other than a Permitted Lien) on any ETG Asset. 

  
 Exhibit A - Page 7 

 “Indemnified Party” has the meaning set forth in
Section 7.3(d). 
 “Indemnifying Party” has the meaning set forth in Section 7.3(d). 

“Indemnitees” means the Partnership Indemnitees and the Contributor Indemnitees, collectively. 

“Interests” has the meaning set forth in the recitals. 

“Interests Assignment” has the meaning set forth in Section 6.2(a). 

“Knowledge” means, with respect to Contributor, the actual knowledge of I.J. “Chip” Berthelot, II, Eric T.
Kalamaras, Victor Davis, David Garrett, David Herbert, Amanda (Mandy) Bush and Jeremy Ham. 
 “Law” means any law,
statute, code, ordinance, order, rule, rule of common law, regulation, judgment, decree, injunction, franchise, permit, certificate, license or authorization of any Governmental Authority. 

“Lien” means any mortgage, security interest, deed of trust, pledge, hypothecation, assignment, charge or other
encumbrance, lien (statutory or otherwise), right or preferential arrangement of any kind or nature whatsoever in respect of any property or assets (including those created by, arising under or evidenced by any conditional sale or other title
retention agreement, the interest of a lessor under a capital lease, any financing lease having substantially the same economic effect as any of the foregoing, or the filing of any financing statement naming Azure or its Subsidiaries, under the
Uniform Commercial Code or any comparable law) or other similar property interest or encumbrance in respect of any property or asset, and (ii) any easements, rights-of-way, restrictions, restrictive covenants, rights, leases and other
encumbrances on the title to real or personal property (whether or not of record). 
 “Losses” has the meaning set
forth in Section 7.1. 
 “Marlin Midstream” has the meaning set forth in Section 2.1. 

“Non-Current Liabilities” means all non-current liabilities of ETG, but excluding (a) deferred Tax liabilities,
if any, and (b) Indebtedness. 
 “NYSE” means the New York Stock Exchange. 

“Obligations” means duties, liabilities and obligations, whether vested, absolute or contingent, known or unknown,
asserted or unasserted, accrued or unaccrued, liquidated or unliquidated, due or to become due, and whether contractual, statutory or otherwise. 

“Organizational Documents” means, with respect to any Person, the articles of incorporation, certificate of
incorporation, certificate of formation, certificate of limited partnership, bylaws, limited liability company agreement, operating agreement, partnership agreement, stockholders’ agreement and all other similar documents, instruments or
certificates executed, adopted or filed in connection with the creation, formation or organization of such Person, including any amendments thereto. 

  
 Exhibit A - Page 8 

 “Parent Guaranty” means that certain Guaranty, dated August 6, 2015,
made by Contributor in favor of ETG pursuant to which Contributor guarantees all obligations of TGG Pipeline, Ltd. the Gathering Agreement. 

“Partnership” has the meaning set forth in the introductory paragraph. 

“Partnership Agreement” means that certain Second and Restated Agreement of Limited Partnership of Azure Midstream
Partners, LP, dated as of February 27, 2015, as further amended by a First Amendment thereto dated as of May 19, 2015. 

“Partnership Disclosure Schedules” means the disclosure schedules to this Agreement prepared by the Partnership and
delivered to Contributor at the Closing. 
 “Partnership Fundamental Representations” means the Partnership’s
representations in Section 4.1, Section 4.2, Section 4.3, Section 4.5, Section 4.6, Section 4.8 and Section 4.9. 

“Partnership Indemnitees” has the meaning set forth in Section 7.1. 

“Party” or “Parties” has the meaning set forth in the introductory paragraph. 

“Payoff Consideration” has the meaning set forth in Section 2.2(a). 

“Permits” means all permits, approvals, consents, licenses, franchises, exemptions and other authorizations, consents
and approvals of or from Governmental Authorities. 
 “Permitted Liens” means, with respect to any Person,
(a) statutory Liens for current Taxes applicable to the assets of such Person or assessments not yet delinquent or the amount or validity of which is being contested in good faith and for which adequate reserves have been established in
accordance with GAAP; (b) mechanics’, carriers’, workers’, repairmens’, landlords’ and other similar liens arising or incurred in the ordinary course of business of such Person relating to Obligations as to which there
is no default on the part of such Person or the amount or validity of which is being contested in good faith and for which adequate reserves have been established in accordance with GAAP, (c) Liens as may have arisen in the ordinary course of
business of such Person, none of which are material to the ownership, use or operation of the assets of such Person and which relate to amounts not yet delinquent; (d) any easements, rights-of-way, restrictions, restrictive covenants, rights,
leases, and other encumbrances on title to real or personal property filed of record, in each case that do not materially interfere with the use and operation of any of the assets of such Person; (e) statutory Liens for Obligations that are not
delinquent or the amount or validity of which is being contested in good faith and for which adequate reserves have been established in accordance with GAAP, (f) Liens encumbering the fee interest of those tracts of real property encumbered by
Rights-of-Way, (g) legal highways, zoning and building laws, ordinances and regulations, that do not materially interfere with the use and operation of the assets of such Person in the ordinary course of business, (h) transfer restrictions
imposed by federal and state securities laws, (i) any transfer restrictions contained in the Organizational Documents of the applicable Person, and (j) other than Liens securing Indebtedness, any Liens with respect to assets of such
Person, which, together with all other Liens, do not materially detract from the value of such Person or materially interfere with the present use of the assets owned by such Person or the conduct of the business of such Person. 

  
 Exhibit A - Page 9 

 “Person” means any natural person, corporation, limited partnership,
general partnership, limited liability company, joint stock company, joint venture, association, company, estate, trust, bank trust company, land trust, business trust, or other organization, whether or not a legal entity, custodian,
trustee-executor, administrator, nominee or entity in a representative capacity and any Governmental Authority. 
 “Prime
Rate” means that variable rate of interest per annum published from time to time in the Wall Street Journal as the prime rate at the time such rate must be determined under the terms of this Agreement. 

“Proceeding” means any action, suit, arbitration proceeding, administrative or regulatory investigation, review,
audit, proceeding, citation, summons or subpoena of any nature (civil, criminal, regulatory or otherwise) in law or in equity. 

“Proposed Closing Statement” has the meaning set forth in Section 2.3(a). 

“Reference Price” means the average of the closing price of the Common Units on the NYSE for the twenty
(20) trading day period ending two (2) trading days prior to the date hereof, as reported in Bloomberg Financial Markets, or, if not reported therein, as reported by Dow Jones. The Reference Price shall be calculated to the nearest
one-hundredth of one cent. 
 “Registered Intellectual Property” has the meaning set forth in
Section 3.18. 
 “Release” means any depositing, spilling, leaking, pumping, pouring, placing, emitting,
discarding, abandoning, emptying, discharging, migrating, injecting, escaping, leaching, dumping, disposing or other release into the environment. 

“Retained Obligations” means Obligations relating to (i) Indebtedness, (ii) Excluded Assets, (iii) any
adverse economic consequence (other than EOG Contract Losses) experienced by the Partnership, ETG or any other member of the Partnership Group in respect of settling, or as a result of any litigation or similar proceedings with respect to, any of
the Non-Current Liabilities relating to the EOG Contract (whether relating to a cash payment, the displacement of volumes that might otherwise be handled but for the Partnership providing such “make-up” or similar services, the incurrence
of operating or other expenses or otherwise), (iv) all Obligations (other than Obligations constituting ETG’s Current Liabilities as of the Effective Time) relating to, arising from or otherwise attributable to the ETG Assets or the
assets, operations, and Obligations of ETG and its Affiliates or the businesses thereof, in each case, to the extent relating to, arising from, or otherwise attributable to facts, circumstances or events occurring prior to the Closing and
(v) Obligations of ETG or the Partnership to pay any of Contributor’s Transaction Costs. 

“Rights-of-way” has the meaning set forth in Section 3.14(c). 

“SEC” means the U.S. Securities and Exchange Commission. 

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

 “Simmons” has the meaning set forth in the recitals. 

  
 Exhibit A - Page 10 

 “Subsidiary” means, with respect to any Person, any corporation, limited
liability company, partnership, association or other business entity of which a majority of the Voting Interests are at the time owned or Controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a
combination thereof. 
 “Tax” means any federal, state, local or foreign income, gross receipts, branch profits,
license, payroll, employment, excise, severance, stamp, occupation, premium, windfall profits, escheat, environmental, customs duties, capital stock, franchise, profits, withholding, social security, unemployment, disability, real property, personal
property, sales, use, transfer, registration, ad valorem, value added, alternative or add-on minimum or estimated tax or other tax of any kind whatsoever, including any interest, penalty or addition thereto, whether disputed or not. 

“Tax Return” means any return, report, information return, declaration, claim for refund or other document (including
any related or supporting information or schedules) supplied or required to be supplied to any taxing authority or any Person with respect to Taxes and including any supplement or amendment thereof. 

“Transaction Documents” means this Agreement, the Gathering Agreement, the Parent Guaranty the Interests Assignment
and the agreements, instruments, documents and certificates contemplated hereby and thereby. 
 “Transfer Taxes” has
the meaning set forth in Section 5.2(b). 
 “Treasury Regulations” means the regulations (including
temporary regulations) promulgated by the United States Department of the Treasury pursuant to and in respect of provisions of the Code. All references herein to sections of the Treasury Regulations shall include any corresponding provision or
provisions of succeeding, similar or substitute, temporary or final Treasury Regulations. 
 “Voting Interests” of
any Person as of any date means the equity interests of such Person pursuant to which the holders thereof have the general voting power under ordinary circumstances to elect at least a majority of the board of directors, managers, general partners
or trustees of such Person (regardless of whether, at the time, equity interests of any other class or classes shall have, or might have, voting power by reason of the occurrence of any contingency) or, with respect to a partnership (whether general
or limited), any general partner interest in such partnership. 
 “Working Capital Amount (Actual)” means, as of any
relevant date of determination, ETG’s Current Assets minus ETG’s Current Liabilities. 
 “Working Capital Deficit
Amount” means, as of any relevant date of determination, the negative difference (if any) between the Working Capital Amount (Actual) and the Working Capital Amount (Normal). 

“Working Capital Excess Amount” means, as of any relevant date of determination, the positive difference (if any)
between the Working Capital Amount (Actual) and the Working Capital Amount (Normal). 
 “Working Capital (Normal)”
means $232,434, being the amount of working capital the Parties agree is normal for ETG. 

  
 Exhibit A - Page 11 

 EXHIBIT B-1 

ETG SYSTEM 

 

 

 EXHIBIT B-2 

ETG PERSONAL PROPERTY 
  

	 	I.	All rights, title and interests in the pipeline systems, facilities or other infrastructure comprising the ETG System. 

  

	 	II.	All rights, title and interests in the linefill, inventory, spare parts and ancillary equipment relating to the ETG System owned by ETG. 

 

	 	III.	Nacogdoches and Stanley facilities, and assets at Fairway facility, including 

 Nacogdoches Treating
Plants 1&2 
 Location: 4600 CR 538 Nacogdoches, TX 75965 (» 8 miles south of Nacogdoches)

 Type: Treating/Dehydration – Amine/CO2 & Glycol/H2O reduction 

Purchased: New 
 Plant 1 size: 450 GPM 

Plant 1 In-Service: September, 2010 
 Plant 2 size:
450 GPM 
 Plant 2 In-Service: August, 2011 
 Target
Spec: 7 lbs/mmscf H2O and 2% CO2 
 Interconnect: NGPL, meter sized for 500 mmscfd 

Ownership: TPF East Texas Gathering, LLC 
 Built By:
SouthTex Treaters (now Kinder Morgan) 
 Stanley Compressor Station 
  

	 	•	 	2 x 3516 Caterpillar TALEAFR Reciprocating NG Engines (1,340 hp each) 

  

	 	•	 	Ariel JGT4-1 single stage compressor 

  

	 	•	 	Air-X-Charger 156 EH Cooler 

  

	 	•	 	Design Capacity 47 – 60 mmscfd per unit 

  

	 	•	 	Ownership: Leased from Kodiak Gas Services, LLC. Conroe Tx 

  

	 	•	 	In-Service: April, 2012 Lease is for 24 months = April 2014 (90 notice) 

 Fairway Gas
Processing Plant 
  

	 	•	 	BFX-GRU-3 gas refrigeration units designed to process 5-6 mmscfd of gas at inlet conditions of 900 psig at 100° F.

  

	 	•	 	Residue Gas: 4,037 mscfd with an approximate HHV of 1048 BTU/CF @ 885 psig and 90° F. 

 

	 	•	 	Y-Grade Product: 10,974 GPD @ 200 psig and 100° F. The Y-Grade product will meet normal trucking specifications.

  

	 	•	 	Overhead Gas Vapor: 613 mscfd with an approximate HHV of 1,100 BTU/CF @ 400 psig and -24° F which will be routed to
the suction of the compressor. Fuel for the hot oil heater will be supplied from the overhead gas vapor. 

  

	 	•	 	Design Capacity: 10-12 mmscfd with 2 units. Plant sized to accommodate 5 units with expansion to 25-30 mmscfd. 

  

	 	•	 	Ancillary Equipment 

  

	 	•	 	30” x 12’ inlet 3 phase separator 

  

	 	•	 	6” inlet skid mounted meter run 

  

	 	•	 	6” outlet skid mounted residue meter 

  

	 	•	 	2” fuel meter to measure fuel volumes 

  

	 	•	 	2 400 barrel tanks 

  

	 	•	 	2 30,000 gallon product storage tanks 

  

	 	•	 	In-Service: Dec. 2013 

 EXHIBIT B-3 

ETG REAL PROPERTY INTERESTS 

[omitted] 

 EXHIBIT B-4 

ETG CONTRACTS 
 [omitted]

 EXHIBIT C 

ASSIGNMENT AND ASSUMPTION AGREEMENT 
  

					
	STATE OF TEXAS	  	§	  	
		  	§	  	KNOW ALL MEN BY THESE PRESENTS:
	COUNTY OF HARRIS	  	§	  	

 THAT AZURE ETG, LLC, a Delaware limited liability company, with offices at 12377 Merit Drive, Suite
300A, Dallas, Texas 75251 (hereinafter referred to as “Assignor”), for and in consideration of the sum of Ten and No/100 Dollars ($10.00) cash in hand paid and other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, has and by these presents does hereby grant, convey, sell, bargain, assign, transfer, deliver and set over unto AZURE MIDSTREAM ENERGY, LLC, a Delaware limited liability company, with offices
at 12377 Merit Drive, Suite 300A, Dallas, Texas 75251 (hereinafter referred to as “Assignee”), the following (all of which are hereinafter referred to as the “Assets”):

  

	 	(a)	All of Assignor’s rights, titles and interests in and to all contracts and agreements listed in Exhibit “A”, attached hereto and made a part hereof; 

 

	 	(b)	All of Assignor’s rights, titles and interests in and to (i) all books and records relating to the Assets, excluding such books and records to the extent they relate to accounting with regard to periods prior
to the Effective Date, (ii) all guarantees or warranties relating to the ownership, construction, rental, operation, maintenance, use or repair of the Assets, and (iii) all governmental filings, permits, approvals or licenses relating to
the ownership, construction, use, occupancy or operation of the Assets; and 

  

	 	(c)	All rights, titles, interest, tenements, hereditaments, appurtenances, benefits, and privileges attributable to the items referenced in (a) and (b) above. 

TO HAVE AND TO HOLD THE ASSETS UNTO ASSIGNEE AND ITS SUCCESSORS AND ASSIGNS FOREVER. 

Except as otherwise provided herein, any covenants implied by statute or law by the use of the words “grant,” “convey,”
“sell,” “bargain,” “assign,” “transfer,” “deliver,” or “set over,” or any of them, or any other words used in this conveyance of similar import are hereby expressly restrained, disclaimed,
waived, negated and denied as to such Assets. No particular meaning shall be indicated or implied by the use of said words for any other purposes, including, but not limited to, for the purposes of federal, state and local tax laws and regulations,
and Assignor and Assignee reserve all rights with respect to any exemptions, exclusions, deductions and credits allowable thereunder. 

Assignee hereby accepts the Assets and agrees to assume all responsibilities and obligations under the contracts constituting any portion of
the Assets to the extent such obligations and/or liabilities, arise from, relate to, or are otherwise attributable to the time period on or after the Effective Date; provided, however, that nothing herein shall modify, supersede, or release Assignee
or Assignor from the terms and provisions of the Contribution Agreement. 

 ASSIGNEE ACKNOWLEDGES THAT ASSIGNOR HAS NOT MADE, AND ASSIGNOR HEREBY EXPRESSLY DISCLAIMS AND
NEGATES, ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, RELATING TO THE CONDITION OF ANY PART OF THE ASSETS (INCLUDING, WITHOUT LIMITATION (A) ANY IMPLIED OR EXPRESS WARRANTY OF MERCHANTABILITY, (B) ANY IMPLIED OR EXPRESS WARRANTY OF
FITNESS FOR A PARTICULAR PURPOSE, (C) ANY IMPLIED OR EXPRESS WARRANTY OF CONFORMITY TO MODELS OR SAMPLES OF MATERIALS, AND (D) ANY IMPLIED OR EXPRESS WARRANTY REGARDING THE CONDITION OF THE ASSETS), IT BEING THE EXPRESS INTENTION OF
ASSIGNEE AND ASSIGNOR THAT THE ASSETS SHALL BE ACCEPTED BY ASSIGNEE “AS IS,” “WHERE IS,” AND IN THEIR PRESENT CONDITION AND STATE OF REPAIR AND WITH ALL DEFECTS. ASSIGNOR AND ASSIGNEE AGREE THAT THE TEXT OF THIS SECTION
CONSTITUTES A CONSPICUOUS LEGEND, WRITING, AND NOTICE. 
 Reference is made to the Exhibits which are attached hereto and made a part
hereof for all purposes. Reference in this Assignment or in the Exhibits to contracts, agreements, burdens, encumbrances or other matters shall not create nor constitute a recognition of any rights in third parties or any extensions of any rights
which may currently exist. 
 This Assignment shall inure to the benefit of Assignor and Assignee and each of their respective personal
representatives, successors and assigns. 
 The effective date of this Assignment (the “Effective Date”) shall be
5:00 p.m. (Dallas time) on August 5, 2015. 

  
 2 

 IN WITNESS WHEREOF, the undersigned have caused this Assignment to be executed in multiple
originals on August 5, 2015. 
  

									
	ASSIGNOR:	  		  	ASSIGNEE:
			
	AZURE ETG, LLC	  		  	AZURE MIDSTREAM ENERGY, LLC
					
	By:	 	  
	  		  	By:	 	  

	Name:	 	Eric T. Kalamaras	  		  	Name:	 	Eric T. Kalamaras
	Title:	 	Chief Financial Officer	  		  	Title:	 	Chief Financial Officer

 [Signature Page to Assignment] 

 EXHIBIT A 

TO ASSIGNMENT BETWEEN AZURE ETG, LLC, AS 

ASSIGNOR, AND AZURE MIDSTREAM ENERGY, LLC, 

AS ASSIGNEE 

  
 4EX-10.2

 Exhibit 10.2 

Execution Version 

GAS GATHERING AGREEMENT 
 AZURE
ETG, LLC 
 AS GATHERER 
 AND

 TGG PIPELINE, LTD 
 AS SHIPPER

 GAS GATHERING CONTRACT 

BETWEEN AZURE ETG, LLC AS GATHERER 

AND TGG PIPELINE, LTD AS SELLER 

INDEX 
  

							
	 ARTICLE
	 	 	  	PAGE	 
	 I
	 	GENERAL TERMS AND CONDITIONS	  	 	1	  
			
	 II
	 	QUANTITY	  	 	1	  
			
	 III
	 	FEES; FUEL AND ELECTRICITY	  	 	1	  
			
	 IV
	 	POINTS OF RECEIPT AND DELIVERY	  	 	2	  
			
	 V
	 	TERM	  	 	2	  
			
	 VI
	 	NOTICES	  	 	2	  
			
	 VII
	 	SIGNATURE PAGE	  	 	4	  
			
	 SECTION
	 	 	  	PAGE	 
	 EXHIBIT A GENERAL TERMS AND CONDITIONS 
	  	 	A-1	  
			
	 I
	 	DEFINITIONS	  	 	A-1	  
			
	 II
	 	QUANTITIES AND SERVICES PROVIDED	  	 	A-3	  
			
	 III
	 	MEASUREMENT EQUIPMENT AND TESTING	  	 	A-6	  
			
	 IV
	 	MEASUREMENT SPECIFICATIONS	  	 	A-8	  
			
	 V
	 	QUALITY	  	 	A-10	  
			
	 VI
	 	NOMINATIONS	  	 	A-11	  
			
	 VII
	 	DELIVERY PRESSURE	  	 	A-12	  
			
	 VIII
	 	TAXES AND FEE REIMBURSEMENT	  	 	A-12	  
			
	 IX
	 	BILLING AND PAYMENTS	  	 	A-12	  
			
	 X
	 	FINANCIAL RESPONSIBILITY; DEFAULT	  	 	A-13	  
			
	 XI
	 	RESPONSIBILITY; INDEMNITIES	  	 	A-14	  
			
	 XII
	 	WARRANTY; TRANSFER OF TITLE	  	 	A-15	  
			
	 XIII
	 	FORCE MAJEURE	  	 	A-15	  
			
	 XIV
	 	LIMITATION OF LIABILITY	  	 	A-16	  
			
	 XV
	 	ASSIGNMENT	  	 	A-16	  
			
	 XVI
	 	LAWS AND REGULATIONS	  	 	A-16	  
			
	 XVII
	 	CONFIDENTIALITY	  	 	A-18	  
			
	 XVIII
	 	MISCELLANEIOUS	  	 	A-18	  
		
	 EXHIBIT B
	  	 	B-1	  
		
	 EXHIBIT C
	  	 	C-1	  

 GAS GATHERING AGREEMENT 

THIS GAS GATHERING AGREEMENT (“Agreement”) is made and entered into this 6th day of August, 2015, by and between AZURE ETG, LLC hereinafter
referred to as “Gatherer,” and TGG PIPELINE, LTD hereinafter referred to as “Shipper.” Gatherer and Shipper are sometimes referred to singularly as a “Party” and collectively as the “Parties.” 

WITNESSETH: 
 WHEREAS, Shipper desires to
contract with Gatherer to receive, gather and redeliver Gas which Shipper owns or controls; and 
 WHEREAS, Gatherer owns and operates a natural gas
gathering system in the area in which Shipper’s lands, leases and/or wells are located and desires to gather the natural gas which Shipper has available to gather; 

NOW, THEREFORE, in consideration of the premises and mutual covenants hereinafter set forth, the Parties covenant and agree as follows: 

ARTICLE I – GENERAL TERMS AND CONDITIONS 
  

	1.1	The GENERAL TERMS AND CONDITIONS attached hereto as Exhibit A are incorporated herein as if set forth in full. In the event of any conflict between the terms and conditions contained in this Agreement and the terms and
conditions contained in Exhibit A, then this Agreement shall prevail. Capitalized terms used shall have the meanings ascribed to such terms in Exhibit A. 

ARTICLE II – QUANTITY 
  

	2.1	Subject to the terms of this Agreement, Shipper shall deliver to Gatherer at the Point(s) of Receipt and Gatherer shall receive all such Gas and redeliver, or cause to be redelivered, Equivalent Quantities at the
Point(s) of Delivery. Gatherer will provide gathering services to Shipper for quantities of Gas on a Priority Basis. Shipper has no obligation to deliver any minimum quantities of Gas hereunder, subject to the other provisions of this Agreement
(including the obligation to make deficiency payments with respect to Commitment Volumes); provided, however, Shipper shall be obligated to deliver quantities of Gas nominated and confirmed in accordance with the provisions of this Agreement.

 ARTICLE III – FEES; FUEL AND ELECTRICITY 

 

	3.1	Gathering Fees. Shipper shall pay to Gatherer monthly each of the fees and other amounts, as applicable, set forth on Exhibit C attached hereto for the gathering and other services provided under this Agreement.

  
 1 

	3.2	System Fuel, Lost and Unaccounted for Gas. Gatherer may retain from the volumes of Gas delivered hereunder, at no cost to Gatherer, a volume of Gas (in Mcf) equal to a ratable allocation of all fuel and lost and
unaccounted for Gas (“FL&U”) associated with the operation, maintenance and repair of the Gathering System, including, without limitation, compression, dehydration, treating and liquids handling. To the extent that Gatherer uses
electric compression, the costs of operating such compression shall be allocated ratably amongst all shippers utilizing such compression. As used herein, any amounts that are “allocated ratably” shall be allocated to Shipper based on
deliveries hereunder at the Points of Receipt as a percentage of total deliveries at all Points of Receipt on the Gathering System over the applicable billing period, unless a different allocation is determined by Gathering to be more equitable.

  

	3.3	Invoicing. All fees, costs and other amounts referenced in this Agreement shall be invoiced by Gatherer and be due and payable by Shipper in accordance with Section IX of Exhibit A attached hereto.

 ARTICLE IV – POINTS OF RECEIPT AND DELIVERY 

 

	4.1	Each “Point of Receipt” (or “Receipt Point”) for Gas delivered by Shipper to Gatherer shall be at the inlet flange of the measurement facilities installed by Gatherer to receive Gas at each Receipt
Point set forth on Exhibit B attached hereto and at each additional Receipt Point added to Exhibit B by written agreement of Shipper and Gatherer. Pipeline connections and related facilities to connect each Receipt Point will be at Shipper’s
sole cost. 

  

	4.2	Each “Point of Delivery” (or “Delivery Point”) for Gas delivered by Gatherer to or for the account of Shipper shall be at the inlet flange of the measurement facilities of each Delivery Point that is
set forth on Exhibit B and at each Delivery Point added to Exhibit B by written agreement of Shipper and Gatherer. Notwithstanding the foregoing, Gatherer may, at its sole discretion, add a Delivery Point to Exhibit B at any time. Shipper shall be
obligated to make all arrangements with the pipelines interconnecting with the Gathering System at the Delivery Point(s) to receive Gas delivered by Gatherer to or for the account of Shipper at such Delivery Point(s). 

ARTICLE V – TERM 
  

	5.1	This Agreement shall be effective as of the date set forth at the outset of this Agreement, and, unless terminated earlier in accordance with any express provision of this Agreement, shall remain in full force and
effect until July 31, 2020 and, unless terminated by either Party upon written notice to the other at least ninety (90) Days prior to the end of the primary term or any anniversary thereafter, continuing from year to year thereafter.

 ARTICLE VI – NOTICES 
  

	6.1	Any notice, request, demand, statement, invoice or bill provided for in this Agreement, or any notice which a Party may desire to give to the other, shall be in writing and shall be deemed as duly made when delivered
personally, or three (3) Business Days following deposit in the United States mail, certified mail, return receipt requested, or one (1) Business Day following delivery to a recognized overnight courier service, or upon transmittal by
facsimile (with answerback confirmation), in each such case postage or charges prepaid and addressed to the addresses set forth below. 

  
 2 

 GATHERER: 
  

			
	 Notices & Correspondence:

Azure ETG, LLC
 Attn:
Contract Administration
 12377 Merit Drive Suite 300

Dallas, Texas 75251

Phone: 214-736-1499
 Fax:
972-387-3885
	  	 Accounting Matters:
 Azure ETG, LLC

Attn: Gas Accounting
 12377 Merit Drive Suite 300

Dallas, Texas 75251
 Phone: 214-736-1499

Fax: 972-387-3885

 SHIPPER: 
  

			
	 Notices & Correspondence:

TGG Pipeline Ltd
 Attn:
Contract Administration
 12377 Merit Drive Suite 300

Dallas, Texas 75251

Phone: 214-736-1499
 Fax:
972-387-3885
	  	 Accounting Matters:
 TGG Pipeline Ltd

Attn: Gas Accounting
 12377 Merit Drive Suite 300

Dallas, Texas 75251
 Phone: 214-736-1499

Fax: 972-387-3885

 Either Party may change one or more of its addresses or accounts by giving written notice to the other Party in any manner
provided above. 

  
 3 

 IN WITNESS WHEREOF, the Parties have caused this Agreement to be executed by their duly authorized officers on
the date first hereinabove written. 
  

			
	Azure ETG, LLC
		
	By:	 	 /s/ I. J. “Chip” Berthelot, II

		 	Name: I. J. “Chip” Berthelot, II
		 	Title: President
	
	TGG Pipeline, Ltd
		
	By:	 	 /s/ I. J. “Chip” Berthelot, II

		 	Name: I. J. “Chip” Berthelot, II
		 	Title: President

  
 4 

 EXHIBIT A 

GENERAL TERMS AND CONDITIONS 

Section I - Definitions 
 Unless
another definition is expressly stated or the context requires otherwise, the following terms, when used in the Agreement to which this Exhibit A is attached and all exhibits and attachments thereto, are intended to and shall have the following
meanings: 
  

	(a)	“Affiliate” means any Person that directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control with another Person. The term “control” (including
its derivatives and similar terms) means possessing the power to direct or cause the direction of the management and policies of a Person, whether through ownership, by contract, or otherwise. Any Person shall be deemed to be an Affiliate of any
specified Person if such Person owns fifty percent (50%) or more of the voting securities of the specified Person, if the specified Person owns fifty percent (50%) or more of the voting securities of such Person, or if fifty percent
(50%) or more of the voting securities of the specified Person and such Person are under common control. 

  

	(b)	“Btu” means the amount of heat required to raise the temperature of one (1) avoirdupois pound of pure water from fifty-eight and one-half degrees Fahrenheit (58.5°F) to fifty-nine and one-half
degrees Fahrenheit (59.5°F) at a constant pressure of fourteen and sixty-five hundredths pounds per square inch absolute (14.65 psia). 

  

	(c)	“Claims” means any and all actions, claims, costs (including without limitation, costs of investigation, litigation, and court costs), damages, demands, fines, interest, judgments, liabilities (INCLUDING
STRICT LIABILITY), losses, penalties, proceedings, suits (including appeal), and expenses (including, without limitation, reasonable attorneys’ fees). 

  

	(d)	“Cubic Foot” means a volume of Gas occupying a space of one (1) cubic foot at a temperature of sixty degrees Fahrenheit (60°F) and at a pressure of fourteen and sixty-five hundredths pounds per square
inch absolute (14.65 psia). 

  

	(e)	“Day” means a period of time beginning at 9:00 a.m., Central time, on one calendar day and ending at 9:00 a.m., Central time, on the following calendar day; provided, however, that “Business Day”
means any Day that is a Monday, Tuesday, Wednesday, Thursday or Friday, except when such Day is a Federal Reserve Bank holiday. 

  

	(f)	“Equivalent Quantities” means that quantity of Gas (in MMBTUs) that is thermally equivalent to the quantity of Gas (in MMBTUs) received by Gatherer from Shipper at the Receipt Point(s) on any one Day less
those volumes of Shipper’s Gas that are retained as fuel under Section VII of this Exhibit A and/or FL&U under Article 3.2 of this Agreement, as such volumes are determined by Gatherer in good faith and allocated ratably or prorata, as
applicable. 

  

	(g)	“Gas” means natural gas or any mixture of hydrocarbon gases or of hydrocarbon gases and non-combustible gases including all elements and compounds contained therein as
produced from oil and gas wells. 

  
 A-1 

	(h)	“Gatherer Indemnified Parties” means Gatherer, its successors and permitted assigns, and each of their respective Affiliates, and each of their and their respective Affiliates, shareholders, members, partners,
officers, directors, employees, and agents. 

  

	(i)	“Gathering System” means Gatherer’s Gas gathering pipeline facilities, and related compression, dehydration, treating and other facilities, acquired or constructed by Gatherer, that are utilized in
conjunction with receiving, gathering and redelivering Gas from points of interconnect delivering Gas into Gatherer’s Gas gathering facilities to points of interconnect delivering Gas out of Gatherer’s gathering facilities.

  

	(j)	“Gross Heating Value” means the number of Btu produced by the complete combustion, at constant pressure, of the amount of Gas which would occupy a volume of one (1) Cubic Foot at a temperature of 60°F
when saturated with water vapor and at a pressure equivalent to fourteen and sixty-five hundredths pounds per square inch absolute (14.65 psia), under standard gravitational force, with air of the same temperature and pressure as the Gas when the
products of combustion are cooled to the initial temperature of the Gas and air and when the water formed by combustion is condensed to the liquid state. The Gross Heating Value so determined shall be corrected from the conditions of testing to that
of the actual condition of the Gas received, expressed in Btu per Cubic Foot and reported at a pressure base of fourteen and sixty-five hundredths pounds per square inch absolute (14.65 psia). Correction for water vapor content greater than seven
(7) pounds per million cubic feet shall be made in accordance with the most current version of GPA 2172, as revised. 

  

	(k)	“Interest(s)” means any right, title or interest in lands and any right to produce oil and/or Gas therefrom whether arising from fee ownership, working interest ownership, mineral ownership, leasehold
ownership, or arising from any pooling, unitization or communitization of any of the foregoing rights, without limitation as to depths or formations. 

  

	(l)	“Interruptible Basis,” “Interruptible Service,” “Interruptible” and similar terms used herein mean the lowest level of service offered by Gatherer on the Gathering System, which Gatherer
may interrupt at any time for any reason. 

  

	(m)	“Mcf” means one thousand (1,000) Cubic Feet. 

  

	(r)	“MMbtu” means one million (1,000,000) Btu. 

  

	(s)	“Month” means the period beginning at 9:00 a.m., Central time, on the first Day of a calendar month and ending at 9:00 a.m., Central time, on the first Day of the succeeding calendar month. 

 

	(t)	“Nominated Quantity” means the quantity of Gas (in MMBtu) nominated by Shipper pursuant to the provisions of Section VI of this Exhibit A. 

 

	(v)	“Person” means any individual, firm, corporation, trust, partnership, limited liability company, association, joint venture, other business enterprise or governmental authority. 

 

	(w)	“Primary Firm Basis,” “Primary Firm Service,” “Primary Firm” and similar terms used herein mean the highest priority of firm service offered by Gatherer on the Gathering System.

  
 A-2 

	(x)	“Priority Basis,” “Priority Service,” “Priority” and similar terms used herein mean the level of firm service offered by Gatherer on the Gathering System which is lower than Primary Firm
Service but is higher than Interruptible Service. 

  

	(y)	“Taxes” means all taxes, assessments, allowances, charges or costs imposed by any law, rule, regulation or other government authority or paid or incurred by Gatherer in response to, or to comply with, any law,
rule or regulation or other government authority, including, without limitation, to comply with any emissions limitations (which costs include the costs of any allowances that are required to be purchased by or on behalf of Gatherer to comply with
such emissions limitations). 

 Section II - Quantities and Services Provided 

 

	(a)	Subject to all of the provisions hereof, Gatherer shall accept at the Receipt Point(s) a daily quantity of Gas up to the Nominated Quantity for such Receipt Point(s), provided, however, that Gatherer shall not be
obligated to accept any Gas on a Priority Basis at any Receipt Point unless there is capacity available after providing Primary Firm Service to all shippers (including Gatherer) who have contracted (in the case of other shippers) or reserved (in the
case of Gatherer) Primary Firm Service at such Receipt Point, and then Gatherer shall provide Priority Service to Shipper hereunder at such Receipt Point on a prorata basis (as determined in good faith by Gatherer) with all other shippers who have
contracted for Priority Service at such Receipt Point. In addition, subject to all provisions of this Agreement, Gatherer shall not be obligated to deliver any Gas on a Priority Basis at any Delivery Point unless there is capacity available after
providing Primary Firm Service to all shippers (including Gatherer) who have contracted (in the case of other shippers) or reserved (in the case of Gatherer) Primary Firm Service at such Delivery Point, and then Gatherer shall provide Priority
Service to Shipper hereunder at such Delivery Point, on a prorata basis (as determined in good faith by Gatherer) with all other shippers who have contracted for Priority Service at such Delivery Point. Gatherer shall not be obligated to receive Gas
from Shipper at any time in excess of Receipt Point capacity or Gathering System capacity. 

  

	(b)	Subject to all other provisions of this Agreement, Gatherer shall, as nearly as practicable each Day, deliver for Shipper’s account Equivalent Quantities of Gas at the Delivery Point(s). All quantities received
hereunder at the Receipt Points and all deliveries of Equivalent Quantities hereunder at the Delivery Point(s) shall be balanced on a Btu basis, and all such quantities referred to herein shall be adjusted for the Gross Heating Value thereof.

  

	(c)	 The intent of the Parties to this Agreement is that Gas be received and delivered hereunder at the same rate, and Shipper shall not, in any manner,
utilize Gatherer’s pipeline system for storage, drafting, banking, or peaking purposes. If on any Day(s) Shipper delivers a quantity of Gas at the Receipt Point(s) (less applicable fuel and FL&U) in excess of the quantity of Gas being
concurrently delivered by Gatherer at the Delivery Point(s) to or for the account of Shipper hereunder, Gatherer shall have the right to reduce and/or discontinue its receipts of Gas from Shipper until such time as arrangements have been made by
Shipper with Gatherer to balance such excess. If on any Day(s) Shipper delivers a quantity of Gas at the Receipt Point(s) (less applicable fuel and FL&U) less than the quantity of Gas being concurrently delivered by Gatherer at the Delivery
Point(s) to or for the account of Shipper hereunder, Gatherer shall have the right to reduce and/or discontinue deliveries of Gas to Shipper’s downstream purchaser or transporter until arrangements have been made by Shipper to balance such
under delivery. It is recognized that an exact daily balancing of receipts 

  
 A-3 

 
(less applicable fuel and FL&U) and deliveries may not be possible due to the inability of the Parties to control precisely such receipts and deliveries. However, Gatherer, to the extent
practicable, will deliver each Day at the Delivery Points an Equivalent Quantity to the quantity received by Gatherer that Day at the Receipt Points. Gatherer shall have no liability for any scheduling, imbalance or other penalties which may be
imposed at or downstream of the Point(s) of Delivery, and Shipper shall defend; shall release, discharge, and relinquish; and shall indemnify, protect and hold harmless the Gatherer Indemnified Parties from and against any Claims relating to or
arising from such scheduling, imbalance or other penalties, including penalties associated with pipeline Operational Flow Orders or similar directives. In the event quantities of Gas are scheduled for delivery hereunder at more than one Delivery
Point during any Month, then imbalances occurring between Shipper and Gatherer on the Gathering System applicable to each Delivery Point shall be determined based on scheduled and actual deliveries at such Delivery Point. Gatherer shall include in
the monthly statement under Section IX(a) any cash out and penalty amounts which may be owed in accordance with the foregoing as a result of any such imbalances which may occur and the method used to calculate such imbalances. 

All Imbalances shall be cashed out on a Monthly basis. 

1) The Cash Out Index Price is NGPL TX OK Gas Daily average. 

The Imbalance Percent set forth in the table below will be determined by comparing the actual deliveries and the scheduled gas on any Delivery
Point at the Delivery Point(s) and will be applied in the Month that the Imbalance accumulated. The Cash Out Index Price will be adjusted to reflect a premium for the quantity of Gas owed to Gatherer or to reflect a discount for the quantity of Gas
owed to Shipper, based on the Imbalance Percent as set forth in the table below with the resulting product being the Cash Out Price. 
  

					
	 Imbalance Percent
	  	Premium/Discount Percent	 
	     0% - < 5%
	  	 	0	% 
	 > 5% - < 10%
	  	 	10	% 
	 > 10% - < 15%
	  	 	20	% 
	 > 15% - < 20%
	  	 	30	% 
	 > 20%
	  	 	40	% 

 Using the table above, payments are to be made for any Imbalances in a Month as follows: 

 

	 	i)	Gatherer will pay Shipper an amount that is the product of the Positive Imbalance each Month, if any, and the Cash Out Index Price as reduced by the Discount Percent corresponding to Shipper’s Imbalance Percent;
and 

  

	 	ii)	Shipper will pay Gatherer an amount that is the product of the Negative Imbalance each Month, if any, and the Cash Out Index Price as inflated by the Premium Percent corresponding to the Shipper’s Imbalance
Percent. 

  

	(d)	Shipper shall make, or cause to be made, all necessary arrangements with other pipelines or third parties at or upstream of the Receipt Point(s) and at or downstream of the Delivery Point(s) in order to facilitate
Gatherer’s receipt and delivery of Gas. Such arrangements must be coordinated with Gatherer’s Gas Control Department and must be acceptable to Gatherer in its sole good faith discretion during the term of this Agreement. 

  
 A-4 

	(e)	Although Shipper shall retain title to Gas delivered to Gatherer at the Receipt Point(s) hereunder, it is understood and agreed that such Gas received by Gatherer shall constitute part of the supply of Gas from all
sources in Gatherer’s Gathering System, and as such Gatherer shall, subject to its obligation to deliver an Equivalent Quantity as provided in Paragraph (c) of this Section II, have the absolute and unqualified right to commingle such Gas,
to deliver molecules different from those received and to handle the molecules received in any manner, retaining in Gatherer all right, title and interest to any components, hydrocarbon or otherwise, obtained by virtue of liquids accumulating in
Gatherer’s Gathering System. 

  

	(f)	Gatherer shall be entitled to full and complete operational control of its facilities and shall be entitled to schedule deliveries and to operate and reconfigure its facilities in a manner which, in Gatherer’s
reasonable business judgment, is consistent with its obligations under this Agreement. Gatherer shall not be obligated to modify existing facilities or to install new facilities in order to either receive or deliver Gas or increase its capacity for
service hereunder, unless otherwise mutually agreed in writing between the Parties. Gatherer shall be entitled, without liability, to interrupt its performance hereunder to perform necessary or desirable inspections, maintenance, testing,
alterations, modifications, expansions, connections, repairs or replacements to its facilities as Gatherer deems necessary (“Maintenance”), with reasonable notice provided to Shipper, except in cases of emergency where such notice is
impracticable or in cases where the operations of Shipper will not be affected. 

  

	(g)	Gatherer will use reasonable efforts to provide timely notification to Shipper by telephone, with subsequent e-mail notification, of the potential size and duration of any unscheduled capacity disruption. If Shipper
does not adjust its nomination within two (2) hours, Gatherer may adjust Shipper’s nomination and/or not confirm the nominations requested by Shipper in the next nomination cycle. Gatherer also may request that Shipper shut in wells to
match production with nominations. In the event that Shipper does not adjust its nomination as reasonably directed by Gatherer, and such failure to adjust nominations could materially impact operations on the Gathering System, Gatherer may curtail
or shut in Gas for a reasonable period of time. Gatherer shall not be liable for Claims caused by any curtailment imposed by Gatherer. 

  

	(h)	 In the event of any capacity constraints on the Gathering System due to events of force majeure (as defined in Section XIII (b)), Maintenance or
operational considerations, Gatherer shall have the right to interrupt or curtail receipts or deliveries of Gas hereunder. Gatherer shall allocate the physical capacity available at the Receipt Points or Delivery Points, as applicable, among all
firm shippers on a pro rata basis based on each shipper’s scheduled firm volumes (i.e. Primary Firm or Priority) at the applicable location (not to exceed each such shipper’s firm contracted capacity (i.e. Primary Firm or Priority) at such
location) as a percentage of the total scheduled firm volumes (i.e. Primary Firm or Priority) at the applicable location (not to exceed the total firm contracted capacity (i.e. Primary Firm or Priority) at such location). In this regard, Primary
Firm Service shall have priority over Priority Service and Priority Service shall have priority over Interruptible Service. As such, only if there is capacity available at a specific location after allocation of all Primary Firm Service at such
location, will there be any allocation of Priority Service at such location. For the avoidance of doubt, if a shipper which has contracted for Primary Firm Service, or Priority Service, at a given location has scheduled less than its full contracted
capacity of Primary Firm Service, or Priority Service, at such location when an interruption or curtailment of service at such location occurs, such shipper shall 

  
 A-5 

 
have the right to increase its scheduled Primary Firm Service, or Priority Service, at such location up to its full contracted capacity of Primary Firm Service, or Priority Service, at such
location in determining the prorata share of capacity to be allocated to such firm shipper at such location during such interruption or curtailment in accordance with the above. 

 

	(i)	If Gatherer is unable to receive Gas hereunder at the Receipt Points or deliver Gas hereunder at the Delivery Points with respect to all or any volume of Gas (subject to any restrictions herein) that Shipper is ready,
willing, and able to deliver or receive, or cause to be delivered or received, as applicable, in accordance with the terms of this Agreement, and there exists no uncured breach of this Agreement on the part of Shipper, then (i) Shipper, at its
option, may elect to temporarily release the volume of Gas hereunder for which Gatherer is unable to provide gathering services from this Agreement by delivering written notice thereof to Gatherer, and (ii) immediately upon delivering such
notice and thereafter during such period of time, Shipper shall have the right to deliver such volume of Gas to alternative facilities for the provision of services. Upon the resumption of Gatherer’s ability to receive and deliver Gas hereunder
and after written notice thereof by Gatherer to Shipper, such temporary release shall end and Shipper shall resume the delivery of all Gas to Gatherer no later than sixty (60) Days from the receipt of Gatherer’s notice of Gatherers ability
to resume receipt of Shipper’s Gas; provided, however, if the reason for Gatherer’s inability to receive or deliver Gas hereunder was due to force majeure (as defined in Section XIII (b)) or Maintenance, Shipper shall immediately resume
the delivery of all Gas to Gatherer hereunder. 

  

	(j)	In order to insure that the Gathering System is kept relatively free of obstructions that could impede free flow of Gas, Gatherer may collect, remove, and dispose of any water, liquids or solids, whether or not
hydrocarbons are included, which could accumulate in the Gathering System. Gatherer shall be responsible for disposal of the water, liquids and solids so collected, shall own them, and shall not assess any additional charge for such disposal or make
reimbursement to Shipper for the disposed fluids or any shrink associated therewith. 

  

	(k)	If during any Month, Shipper delivers less than three thousand (3,000) Mcf of Gas at any Point of Receipt, then Shipper shall pay Gatherer a minimum volume fee for such Point of Receipt for such Month equal to five
hundred dollars ($500). Such minimum volume fee shall be adjusted per paragraph 7 of Exhibit C. 

  

	(l)	Gatherer agrees to treat for the removal of CO2 and hydrogen sulfide and dehydrate all Gas delivered by Shipper hereunder at the Receipt Point(s) such that the Gas
delivered by Gatherer at the Delivery Point(s) to or for the account of Shipper hereunder shall not have a water vapor content in excess of seven (7) pounds of water vapor per one million (1,000,000) Cubic Feet of Gas and shall meet the CO2 and hydrogen sulfide quality requirements of the downstream pipeline(s) receiving such Gas at such Delivery Point(s). No Gas delivered hereunder by Shipper shall be treated for the removal of CO2 prior to such delivery. Shipper shall be charged a fee as provided in Exhibit C for any such treating and dehydration services, and Shipper shall provide its share of fuel applicable to such
treating service, as set forth in Exhibit C. 

 Section III - Measurement Equipment and Testing 

 

	(a)	The custody transfer points for volumes on the Gathering System will be defined as the inlet flange of Gatherer’s measurement facility at the Receipt Point(s) and the inlet flange of the measurement facility at the
Delivery Point(s), or as mutually agreed otherwise in writing. 

  
 A-6 

	(b)	Gatherer, or its designee, shall maintain and operate at its own expense the measuring station(s) at the Receipt Point(s) and the Delivery Point(s) through which the quantity of Gas gathered hereunder shall be measured.
Shipper may install, maintain and operate, at its own expense, at the Receipt Point(s) such check measuring equipment as desired; provided, that such equipment shall be installed so as not to interfere with the operation of Gatherer’s or its
designee’s measuring equipment. 

  

	(c)	The measuring equipment at the Receipt Point(s) shall be constructed, installed and operated in accordance with the following depending on the type of meters used: 

 

	 	(i)	Orifice Meters - in accordance with ANSI/API 14.3.2 (American Gas Association Report No. 3), Orifice Metering of Natural Gas and Other Hydrocarbon Fluids, Fourth Edition, dated April 2000, and any
subsequent amendments, revisions or modifications thereof and shall include the use of flange connections. Should Gas pulsation problems occur upstream of the Receipt Point(s) or downstream of the Delivery Point(s), Shipper, or its designee, shall
take whatever steps are necessary to mitigate such pulsation. 

  

	 	(ii)	Turbine Meters - in accordance with the American Gas Association Measurement Committee Report No. 7 (American Gas Association Report No. 7), First Revision, dated November 1984, and any subsequent
amendments, revisions or modifications thereof. 

  

	 	(iii)	Electronic Transducers and Flow Computers (solar and otherwise) - in accordance with the applicable American Gas Association standards, including but not limited to American Gas Association Measurement Committee
Report Nos. 3, 5 and 7 and any subsequent amendments, revisions, or modifications thereof. 

  

	 	(iv)	Ultrasonic Meters – in accordance with the American Gas Association Measurement Committee Report No. 9 (American Gas Association Report No. 9), dated June 1998, and any subsequent amendments,
revisions or modifications thereof. 

 Notwithstanding anything contained in this Paragraph (c) to the contrary, Gatherer
or its designee shall not be required to replace or make any alterations to its measuring equipment as a result of any subsequent amendments, revisions or modifications of the American Gas Association Reports cited in Subparagraphs (i) through
(v) of this Paragraph (c). 
  

	(d)	Gatherer shall give reasonable notice to Shipper in order that Shipper may have a representative present to observe any cleaning, changing, repairing, inspecting, testing, calibrating, or adjusting of the measuring
equipment at the Receipt Point(s). The official charts and records from such measuring equipment shall remain the property of Gatherer or its designee. Upon request, Gatherer or its designee will submit such charts and records, together with
calculations therefrom, to Shipper for inspection and verification, subject to return to Gatherer or its designee within thirty (30) Days after receipt thereof. 

 

	(e)	 The accuracy of all measuring equipment at the Receipt Points shall be verified by Gatherer or its designee at reasonable intervals and, if requested,
in the presence of a representative of Shipper. Gatherer or its designee shall verify the accuracy of such equipment once every three (3) Months (or once annually for meters with volumes less than five hundred (500) Mcf per Day) unless
Shipper requests a special test as described below; provided, however, that when daily deliveries of Gas at any Point of Receipt average ten thousand (10,000) Mcf per Day or greater during any Month, the accuracy of such measuring equipment
shall be verified once every Month. If, upon any test, such measuring equipment is found to be inaccurate by two percent (2%) or less, previous readings of such equipment will be considered correct in computing the deliveries of Gas by Shipper
hereunder, but such equipment shall immediately be adjusted to record accurately. If, upon any test, such 

  
 A-7 

	 	
measuring equipment is found to be inaccurate by more than two percent (2%) of the average flow rate since the last test, then any previous recordings of such equipment shall be corrected to
zero (0) error for any period which is known definitely to have been subject to such error or is otherwise agreed upon, utilizing the procedure set forth in Paragraph (f) of this Section III. If such period is not known or agreed upon,
such correction shall be made for a period covering one-half ( 1⁄2) of the time elapsed since the date of the latest test, but not to exceed sixteen
(16) Days when the equipment is tested every Month and not to exceed forty-five (45) Days when the equipment is tested every three (3) Months. In the event Shipper desires a special test of any measuring equipment at the Receipt
Points, at least seventy-two (72) hours advance notice shall be given to Gatherer by Shipper, and both Parties shall cooperate to secure a prompt test of the accuracy of such equipment. If the measuring equipment so tested is found to be
inaccurate by two percent (2%) or less, Gatherer shall have the right to bill Shipper for the costs incurred due to such special test, including any labor and transportation costs and Shipper shall pay such costs promptly upon receipt of
invoice therefor. 

  

	(f)	If, for any reason, any measurement equipment at the Receipt Point(s) is out of adjustment, out of service, or out of repair or a correction of the metered flow rate is required under Paragraph (e) of this Section
III, the total quantity of Gas delivered shall be re-determined in accordance with the first of the following methods which is feasible: 

  

	 	(i)	By using the registration of any check meter(s), if installed and accurately registering (subject to testing as described in this Section III); or 

 

	 	(ii)	Where parallel multiple meter runs exist, by calculation using the registration of such parallel meter runs; provided that they are measuring Gas from upstream headers in common with the faulty metering equipment, are
not controlled by separate regulators, and are accurately registering; or 

  

	 	(iii)	By correcting the error by rereading of the official charts, or by straightforward application of a correcting factor to the quantities recorded for the period (if the net percentage of error is ascertainable by
calibration, tests or mathematical calculation); or 

  

	 	(iv)	By estimating the quantity, based upon deliveries made during periods of similar conditions when the meter was registering accurately. 

 

	(g)	Gatherer or its designee shall retain and preserve for a period of at least 2 years all Receipt Point test data, charts and other similar records. 

 

	(h)	If Shipper’s flow volumes are outside of the accurate range of measurement of Gatherer’s installed meter, Shipper shall be responsible for costs incurred by Gatherer to install a meter that is accurate for the
range of volumes that Shipper is actually flowing. Gatherer shall provide Shipper with no less than thirty (30) Days’ notice of such new meter installation as well as the estimated costs associated therewith. 

Section IV - Measurement Specifications 

The measurements of the quantity and quality of all Gas delivered at the Receipt Point(s) shall be conducted in accordance with the following: 

 

	(a)	The unit of volume for measurement shall be one (1) Cubic Foot. Such measured volumes shall be multiplied by their Gross Heating Value per Cubic Foot and divided by one million (1,000,000) to determine MMBtu
delivered hereunder. 

  
 A-8 

	(b)	The temperature of the Gas shall be determined by Gatherer or its designee by a recording thermometer installed so that it may record the temperature of the Gas flowing through the meters, or such other means of
recording temperature as may be mutually agreed upon by the Parties. The average of the record to the nearest one degree Fahrenheit (1°F), obtained while Gas is being delivered, shall be the applicable flowing Gas temperature for the period
under consideration. 

  

	(c)	The specific gravity of the Gas shall be determined by Gatherer or its designee by a recording gravitometer or chromatographic device installed and located at a suitable point to record representative specific gravity
of the Gas being metered or, at Gatherer’s or its designee’s option, by spot samples or continuous sampling using standard type gravity methods. If a recording gravitometer or chromatographic device is used, the gravity to the nearest
one-thousandth (0.001) obtained while Gas is being delivered shall be the specific gravity of the Gas used for the recording period. If the spot sample or continuous sampling method is used, the gravity to the nearest one thousandth (0.001) shall be
determined once a Month from a Gas analysis. The result should be applied during such Month for the determination of Gas volumes delivered hereunder at the Receipt Points. 

 

	(d)	Adjustments to measured Gas volumes for the effects of supercompressibility shall be made in accordance with accepted American Gas Association standards. Gatherer or its designee shall obtain appropriate carbon dioxide
and nitrogen mole fraction values for the Gas delivered as may be required to compute such adjustments in accordance with standard testing procedures. At Gatherer’s or its designee’s option, equations for the calculation of
supercompressibility may be taken from either the American Gas Association Manual for the Determination of Supercompressibility Factors for Natural Gas, dated December, 1962 (also known as the “NX-19
Manual”) or American Gas Association Report No. 8, dated December 1985, Compressibility and Supercompressibility for Natural Gas and Other Hydrocarbon Gases, latest revision. 

 

	(e)	For purposes of measurement and meter calibration, the atmospheric pressure for each of the Receipt Point(s) shall be assumed to be the pressure value determined by Gatherer, or its designee, for the county elevation in
which such point is located pursuant to generally accepted industry practices irrespective of the actual atmospheric pressure at such point(s) from time to time. For the purposes herein, such atmospheric pressure will be assumed to be fourteen and
seventy-three hundredths pounds per square inch absolute (14.73 psia). 

  

	(f)	The Gross Heating Value of the Gas delivered at the Receipt Point(s) shall be determined by Gatherer or its designee at least once each calendar quarter by means of a method of general use in the Gas industry. Provided,
however, that when daily deliveries of Gas at any Point of Receipt average ten thousand (10,000) Mcf or greater during any Month, the Gross Heating Value of the Gas delivered at such Point of Receipt shall be taken Monthly at a suitable point
on the facilities to be representative of the Gas being metered. 

  

	(g)	Other tests to determine water content, sulfur, and other impurities in the Gas shall be conducted whenever requested by either Party and shall be conducted in accordance with standard industry testing procedures. The
Party requested to perform such test(s) shall bear the cost of such test(s) only in the event the Gas tested is determined not to be within the quality specification set forth below. If the Gas is within such quality specification, the requesting
Party shall bear the cost of such test(s). Notwithstanding the foregoing, if the initial test performed by the requested Party indicates the Gas tested is within the quality specifications set forth below, and the requesting Party requests a retest
of such Gas and such retest determines such Gas is not within such quality specifications, then the requesting Party shall not bear the cost(s) of such retest. 

  
 A-9 

	(h)	If at any time during the term hereof a new method or technique is developed with respect to Gas measurement or the determination of the factors used in such Gas measurement, then such new method or technique may be
substituted by Gatherer for the method set forth in this Section IV when such methods or techniques are in accordance with the currently accepted standards of the American Gas Association. 

Section V - Quality 
  

	(a)	Subject to Gatherer’s obligation to treat (for the removal of CO2) and dehydrate the Gas as provided in Section II(p) of this Exhibit A, all Gas delivered at
the Receipt Point(s) hereunder shall conform to the following specifications: 

  

	 	(i)	Water Vapor: The Gas shall not have a water vapor content in excess of seven (7) pounds of water vapor per one million (1,000,000) Cubic Feet of Gas. 

 

	 	(ii)	Hydrogen Sulfide: The Gas shall not contain more than one and one quarter (1.25) grain of hydrogen sulfide per one hundred (100) Cubic Feet of Gas. 

 

	 	(iii)	Total Sulfur: The Gas shall not contain more than six (6) grains of total sulfur per one hundred (100) Cubic Feet of Gas. 

 

	 	(iv)	Temperature: The Gas shall not have a temperature less than forty degrees Fahrenheit (40°F) or more than one hundred twenty degrees Fahrenheit (120°F). 

 

	 	(v)	Oxygen: The Gas shall contain no oxygen. 

  

	 	(vi)	Nitrogen: The Gas shall not contain more than two percent (2%) by volume of nitrogen. 

  

	 	(vii)	Carbon Dioxide: The Gas shall not contain more than two percent (2%) by volume of carbon dioxide. 

  

	 	(viii)	Nonhydrocarbons: Notwithstanding the foregoing provisions of this Paragraph (a) to the contrary, the Gas shall not contain more than four percent (4%) by volume of total nonhydrocarbons. Nonhydrocarbons
shall include, but not be limited to, hydrogen sulfide, sulfur, carbon dioxide, oxygen and nitrogen. 

  

	 	(ix)	The Gas shall not contain any carbon monoxide, halogens or unsaturated hydrocarbons, and no more than four hundred (400) ppm of hydrogen. 

 

	 	(x)	Objectionable Liquids and Solids and Dilution: The Gas shall be free of objectionable liquids and solids, shall not contain any hydrocarbons which might condense to free liquids in the pipeline under normal
pipeline conditions and shall be commercially free from dust, gums, gum-forming constituents, and other liquids or solid matter or any other substance which might interfere with the merchantability of the Gas, or cause injury to or interference with
proper operation of the lines, meters, regulators, or other equipment downstream through which it flows. 

  
 A-10 

	 	(xi)	Gross Heating Value: The Gas shall not have a Gross Heating Value less than nine hundred fifty (950) Btu per Cubic Foot of Gas or more than one thousand fifty (1,050) Btu per Cubic Foot of Gas.

  

	 	(xii)	Hydrocarbon Dewpoint: The Gas shall conform to the most stringent hydrocarbon dewpoint specifications published by any of the downstream pipelines that are interconnected to the Gathering System at any time.

  

	(b)	In the event any Gas delivered to any Receipt Point hereunder fails to meet the more stringent of (i) any of the quality specifications stated in this Section V or (ii) any of the most stringent quality
specifications published by any of the downstream pipelines that are interconnected to the Gathering System at any time (“Non-Conforming Gas”), Gatherer shall have the right, in addition to other rights it may have, at its option at any
time and from time to time to refuse to accept such Non-Conforming Gas for so long as Shipper is unable to deliver Gas conforming to such specifications; provided, however, Gatherer shall not have the right to reject Non-Conforming Gas under this
sentence to the extent the non-conformance is caused by water vapor and/or carbon dioxide. Gatherer, in its sole discretion, may accept Non-Conforming Gas; however, such acceptance shall not be deemed a waiver of Gatherer’s right to refuse
to accept Non-Conforming Gas at a subsequent time. In addition, should Shipper deliver Non-Conforming Gas, Shipper shall be responsible for (i) any fees or other amounts charged by Gatherer’s downstream transporter or its designee
and/or (ii) any costs incurred by Gatherer in order to avoid such fees or other amounts for such Non-Conforming Gas for as long as such condition exists or such fees or other amounts are charged. 

 

	(c)	Shipper shall defend; shall release, discharge, and relinquish; and shall indemnify, protect and hold harmless, the Gatherer Indemnified Parties from and against all Claims arising out of, or related to, the delivery of
Non-Conforming Gas. The duty to indemnify under this Section V shall continue in full force and effect, notwithstanding the expiration or early termination of this Agreement, with respect to any Claims based on facts or conditions that occurred
prior to such expiration or termination. 

 Section VI - Nominations 

For each Month during the term of this Agreement, Shipper shall provide Gatherer, by no later than 8:30 a.m., Central time, on the earlier of the fifth (5th) Business Day immediately preceding the first Day of the next Month or one (1) Business Day prior to the nomination deadline for the next Month for the downstream pipeline(s) receiving gas
at the Delivery Point(s), a nomination indicating the estimated volume of Gas for each Receipt Point(s) and Delivery Point(s) and any other information relevant to the gathering and other service provided hereunder, provided, however, that
(i) nominations at the Delivery Point(s) are subject to confirmation by the downstream pipelines at such Delivery Points and (ii) Gatherer reserves the right, from time to time and upon reasonable notice to Shipper, to revise its
nominations procedures. Shipper may revise its nomination for Gas gathered upon not less than 24 hours’ notice to Gatherer (subject to confirmation by downstream pipeline(s) at the Delivery Points, as applicable). Nominations and any revisions
thereto shall be made to Gatherer’s Gas Control Department by email, facsimile or other electronic means, as directed by Gatherer from time to time. 

  
 A-11 

 Section VII - Delivery Pressure 

Shipper shall deliver Gas at the Receipt Point(s) hereunder at a pressure(s) sufficient to enter the Gathering System at each such point not to exceed the
maximum allowable operating pressure of the Gathering System. Gatherer shall deliver Gas at the Delivery Point(s) hereunder at the pressure(s) existing in the Gathering System at each such point. If any downstream pipeline changes its normal
operating pressure, or Gathering System conditions are such that it requires Gatherer to install additional compression in order to effect delivery of Gas into such pipeline, Gatherer may install compression between any applicable Receipt Point and
the applicable Delivery Point sufficient to cause Shipper’s Gas to enter such downstream pipeline from the Gathering System, and Shipper shall be charged a Compression Fee related thereto as set forth on Exhibit C attached hereto, and Shipper
shall provide its share of fuel in kind to operate such compression as set forth in Exhibit C. 
 Section VIII - Taxes and Fee
Reimbursement 
 Shipper shall reimburse Gatherer for any Taxes arising from or attributable to the gathering and/or other services provided by Gatherer
hereunder, the receipt or delivery of Gas hereunder, and/or the operation of the Gathering System, excluding Taxes calculated or paid on Gatherer’s net income and excluding real property taxes. Any Taxes arising from or relating to the
operation of the Gathering System shall be allocated to Shipper based on deliveries by Shipper hereunder as a percent of total deliveries by all entities delivering on the Gathering System. 

Section IX - Billing and Payments 
  

	(a)	Each Month, Gatherer shall render to Shipper a statement setting forth the amount owed for the services provided hereunder during the preceding Month, and any other applicable charges hereunder including Volumetric
Commitment fees set forth in Exhibit C. If the actual quantities of Gas received and delivered hereunder are not known at the time of billing, Gatherer will prepare its statement based on the quantities nominated. The invoiced quantities will then
be adjusted to the actual quantities on the following Month’s statement or as soon thereafter as actual receipt and delivery information is available. Shipper shall pay to Gatherer, by wire transfer of immediately available funds, all amounts
set forth in Gatherer’s statement by the later of the twenty-fifth (25th) Day of the Month following the Month in which the services which are the subject of the statement were provided
or ten (10) Business Days after the date of receipt of such statement by Shipper. 

  

	(b)	Should Shipper fail to pay the amount of any statement rendered by Gatherer hereunder when such amount is due, interest thereon shall accrue from, but excluding, the due date to and including, the date payment thereof
is actually made at the lesser of (i) the “Prime Rate”, plus three percent (3%), computed on an annualized basis and compounded Monthly, and (ii) the maximum rate of interest permitted by applicable law. “Prime Rate”
shall be defined as the prime rate on corporate loans at large U.S. money center commercial banks as set forth in the Wall Street Journal “Money Rates” table under the Heading “Prime Rate”, or any successor thereto, on the first
date of publication for the calendar month in which payment is due. Gatherer shall render a late payment charge invoice and Shipper shall make payment therefor within ten (10) Days of the date of such invoice. Subject to Section IX(c) below, if
Gatherer provides written notice to Shipper of Shipper’s failure to pay an amount due hereunder and Shipper fails to pay within five (5) Business Days of the date of such notice, Gatherer may suspend gathering and other services hereunder
to Shipper. 

  
 A-12 

	(c)	If any statement is disputed by Shipper, Shipper shall pay the undisputed amounts when due and shall, within ten (10) Days from the date of Shipper’s receipt of Gatherer’s statement, give Gatherer written
notification setting forth the disputed amount and the basis therefor. Shipper and Gatherer shall use reasonable diligence to resolve disputed amounts within thirty (30) Days following written notification. If the undisputed amount is not paid
when due, the undisputed amount shall be subject to late payment charges as described in Section IX(b) above. Any disputed amount which later is determined to be due to Gatherer, shall be subject to late payment charges as described in Section IX(b)
above from the original due date. 

  

	(d)	Subject to execution of the audited Party’s standard form confidentiality agreement, each Party has the right, at its sole expense and during normal working hours and after providing written notice at least twenty
(20) Days prior to the audit, to examine the records of the other Party to the extent reasonably necessary to verify the accuracy of any statement, charge or computation made pursuant to this Agreement. Upon receipt of a written notice of
audit, the audited Party, and the Party requesting such audit, shall not destroy any records applicable to such audit and the applicable period being audited until such audit is complete and any issues raised by such audit have been finally settled
or resolved. 

  

	(e)	Subsequent to any statement having been paid, if any overcharge or undercharge in any form whatsoever shall be found, Gatherer shall refund the amount of any overcharge received by Gatherer, and Shipper shall pay the
amount of any undercharge due Gatherer, within thirty (30) Days after final determination thereof; provided, however, no retroactive adjustments will be made for any overcharge or undercharge beyond a period of twenty-four (24) Months from
the date of the statement. The provisions of this Paragraph (e) shall survive the termination of this Agreement. 

  

	(f)	No adjustments, retroactive or prospective, shall be made to volumes for prior periods, whether the result of volume allocation errors or any other reason other than meter calibration error, that involve changes that
would be less than one hundred (100) MMBtu per Month. 

 Section X - Financial Responsibility; Default 

 

	(a)	 Financial Responsibility. If Gatherer determines at any time, in its sole good faith judgment, that the credit worthiness or financial
responsibility of Shipper is impaired or is unsatisfactory or if Shipper fails to provide the information required under Section X(b), then Gatherer may, upon written notice to Shipper: (1) require Shipper to pay for the gathering of Gas
hereunder in cash in advance of Gatherer’s gathering services thereof, (2) retain 10% of Shipper’s Gas as further provided in this Section X(a), or (3) request other security satisfactory to Gatherer before further gathering or
other services are provided. If Gatherer elects to retain 10% of Shipper’s Gas as provided in the previous sentence, then: (A) Shipper hereby transfers and conveys to Gatherer that Gas, free of charge and free of any liens, encumbrances
and Claims of any nature, (B) Gatherer will settle with Shipper for each Day in which it retains Gas on the basis of the Midpoint price for the Carthage Hub as published by “Platts Gas Daily” subtracting from such amount all fees and
charges due to Gatherer under this Agreement and all transport, treating and other fees that are related to a sale of that Gas, and (C) if Gatherer owes a net amount to Shipper, Gatherer will pay that amount within ten Days after the date of
the statement rendered in accordance with Section IX(a) of this Exhibit A. If Shipper (i) makes an assignment or any general arrangement for the benefit of creditors, (ii) files a petition or otherwise commences, authorizes, or acquiesces
in the commencement of a proceeding or cause under any bankruptcy or similar law for the protection of creditors or has such petition filed or proceeding commenced against it, (iii) otherwise becomes bankrupt or insolvent (however

  
 A-13 

	 	
evidenced), (iv) is unable to pay its debts as they fall due, or (v) fails to give adequate security for or assurance of its ability to perform its obligations under this Agreement
within forty-eight (48) hours of a reasonable request by Gatherer, then Gatherer shall have the right to either suspend services hereunder, or terminate this Agreement, without prior notice and without prejudice to any and all claims for
damages or other rights or remedies available under this Agreement or pursuant to law, and without liability of any kind or character to Shipper. 

  

	(b)	Shipper will furnish, or cause to be furnished, to Gatherer, upon Gatherer’s written request: (A) within one hundred twenty (120) Days after the close of each fiscal year, (i) the audited
consolidated balance sheets of Shipper and its consolidated subsidiaries as at the end of such year, and (ii) the audited consolidated statements of income, equity and cash flow of Shipper and its consolidated subsidiaries for such year setting
forth in each case in comparative form the corresponding figures for the preceding fiscal year, which report shall be to the effect that such statements have been prepared in accordance with generally accepted accounting practices in the United
States; and (B) within ninety (90) Days after the close of each fiscal quarter (except the last quarter of each fiscal year) of Shipper, (i) the unaudited consolidated balance sheets of Shipper and its consolidated subsidiaries as at
the end of such quarter, and (ii) the unaudited consolidated statements of income, equity and cash flow of Shipper and its consolidated subsidiaries for such quarter, setting forth in each case in comparative form the corresponding figures for
the preceding fiscal year, and in each case prepared in accordance with generally accepted accounting principles excluding footnotes. Notwithstanding the foregoing, for so long as Shipper is a publicly traded company and the information specified in
the preceding sentence, or information substantially the same as such information, is filed with the U.S. Securities and Exchange Commission and publicly available to Gatherer, then Shipper shall not be required to comply with the requirements of
the preceding sentence. 

  

	(c)	If this Agreement is terminated in any manner provided herein, Shipper’s execution of this Agreement shall be deemed a consent by Shipper to the disconnection of Gatherer’s facilities under Statewide Rule 73
of the Conservation Rules and Regulations of the Railroad Commission of Texas, if and to the extent such rule is ever interpreted to govern transaction(s) of the type evidenced hereby. 

Section XI – Responsibility; Indemnities 
  

	(a)	Shipper shall be deemed to be in exclusive control and possession of the Gas until such Gas is received by Gatherer at the Receipt Point(s) and after such Gas has been delivered at the Delivery Point(s). Gatherer shall
be deemed to be in exclusive control and possession of the Gas after receipt of the Gas at the Receipt Point(s) and until such Gas has been delivered to Shipper or its designee at the Delivery Point(s). As between the Parties, the Party deemed to be
in exclusive control and possession of the Gas hereunder shall be responsible for anything that may be done, happen or arise with respect to such Gas; provided, however, Gatherer shall not be responsible for anything that may happen due to the
nature of or caused by Non-Conforming Gas delivered by Shipper hereunder. 

  

	(b)	Except as specifically set forth elsewhere in this Agreement, each Party (i) assumes full responsibility and liability arising from the installation, ownership and operation of its pipelines and facilities and
(ii) shall hold harmless the other Party from all Claims for death, personal injury or damage to property that such Party incurs on account of such installation, ownership and operation. However, a Party shall not be liable to the other Party
for, or hold harmless the other Party from, any such Claims arising out of acts or omissions of third parties when such acts or omissions are not reasonably within the first Party’s control. 

  
 A-14 

 Section XII – Warranty; Transfer of Title 

 

	(a)	Shipper represents and warrants to Gatherer that upon delivery of Gas to Gatherer, Shipper will have good title and the good right to deliver such Gas and that such Gas shall be free and clear of all liens, encumbrances
and adverse claims. Shipper shall indemnify, defend and hold harmless Gatherer from and against all suits, actions, debts, accounts, damages, costs (including attorneys’ fees), losses and expenses arising out of or in connection with any
adverse claims of any and all Persons regarding said Gas. 

  

	(b)	Shipper hereby transfers and conveys to Gatherer, free of charge and free of any liens, encumbrances and Claims of any nature, all Gas that Gatherer is entitled to retain in accordance with this Agreement as fuel,
FL&U or otherwise. 

 Section XIII - Force Majeure 

 

	(a)	If either Party is rendered unable, wholly or in part, by force majeure to carry out its obligations under this Agreement, except for the obligations to make payments hereunder, it is agreed that, on such Party’s
giving notice and reasonably full particulars of such force majeure, orally as soon as practicable and followed in writing or by electronic transmission, to the other Party within a reasonable time after the occurrence of the force majeure relied
upon, the obligations of the Parties, so far as they are affected by such force majeure, shall be suspended from the commencement and during the continuance of any inability so caused. Upon the event of force majeure, the Parties shall cooperate to
the extent reasonable and use commercially reasonable efforts to remedy such force majeure with all reasonable dispatch. 

  

	(b)	The term “force majeure,” as employed herein, shall mean acts of God; strikes, lockouts or other industrial disturbances; acts of the public enemy, wars, blockades, insurrections, civil disturbances and riots,
and epidemics; landslides, lightning, earthquakes, fires, storms, hurricanes and threats of hurricanes, floods and washouts; arrests, orders, requests, directives, restraints and requirements of the government and governmental agencies, either
federal or state, civil and military; failure of transportation; explosions, breakage or accident to machinery, equipment or lines of pipe; outages (shutdowns) of equipment, machinery or lines of pipe for inspection, maintenance or repair; freezing
of wells or lines of pipe; and other causes of a similar nature not reasonably within the control of the Party claiming suspension. Force majeure shall likewise include (a) in those instances where either Party is required to obtain servitudes,
right-of-way grants, permits or licenses to enable such Party to fulfill its obligations hereunder, the inability of such Party to acquire, or the delays on the part of such Party in acquiring, at reasonable cost and after the exercise of reasonable
diligence, such servitudes, right-of-way grants, permits or licenses; and (b) in those instances where either Party is required to furnish materials and supplies for the purpose of constructing or maintaining facilities or is required to secure
permits or permissions from any governmental agency to enable such Party to fulfill its obligations hereunder, the inability of such Party to acquire or the delays on the part of such Party in acquiring, at reasonable cost and after the exercise of
reasonable diligence, such materials and supplies, permits and permissions. 

  
 A-15 

	(c)	The term “force majeure” as applied to Shipper, specifically excludes the following occurrences or events: the loss, interruption, or curtailment of transportation on any pipeline interconnection with Gatherer
necessary to make or take delivery of Gas hereunder (unless due to a force majeure declared by the receiving pipeline at the Delivery Point(s) to the extent it prevents such pipeline from receiving Gas at such Delivery Point(s) from firm basis
customers); increases or decreases in Gas supply, allocation or reallocation of production by well operators, pipelines, or other parties; loss of markets; loss of supply; and failure of specific, individual wells or appurtenant facilities in the
absence of a force majeure event broadly affecting other wells in the same geographic area. As applied to Shipper and Gatherer, price changes due to market conditions or economics associated with the gathering and transportation of Gas gathered
hereunder shall not be considered events of “force majeure”. 

 Section XIV - Limitation of Liability 

NOTWITHSTANDING ANYTHING IN THIS AGREEMENT TO THE
CONTRARY, NEITHER PARTY SHALL BE LIABLE TO THE OTHER PARTY FOR
SPECIAL, INDIRECT, CONSEQUENTIAL, PUNITIVE OR EXEMPLARY DAMAGES SUFFERED BY SUCH
PARTY RESULTING FROM OR ARISING OUT OF THIS AGREEMENT OR THE BREACH
THEREOF OR UNDER ANY OTHER THEORY OF LIABILITY, WHETHER TORT, NEGLIGENCE,
STRICT LIABILITY, BREACH OF CONTRACT, WARRANTY, INDEMNITY OR OTHERWISE, INCLUDING
LOSS OF USE, LOSS OF PRODUCTION, INCREASED COST OF OPERATIONS, OR
BUSINESS INTERRUPTIONS. IN FURTHERANCE OF THE FOREGOING, EACH PARTY RELEASES THE
OTHER PARTY AND WAIVES ANY RIGHT OF RECOVERY FOR SPECIAL, INDIRECT,
CONSEQUENTIAL, PUNITIVE OR EXEMPLARY DAMAGES SUFFERED BY SUCH PARTY REGARDLESS OF
WHETHER ANY SUCH DAMAGES ARE CAUSED BY THE OTHER PARTY’S
NEGLIGENCE (AND REGARDLESS OF WHETHER SUCH NEGLIGENCE IS SOLE, JOINT, CONCURRENT,
ACTIVE, PASSIVE OR GROSS NEGLIGENCE), FAULT, OR LIABILITY WITHOUT FAULT; PROVIDED,
HOWEVER, THE FOREGOING SHALL NOT BE CONSTRUED AS LIMITING AN OBLIGATION
OF A PARTY HEREUNDER TO INDEMNIFY, DEFEND AND HOLD HARMLESS THE OTHER
PARTY AGAINST CLAIMS ASSERTED BY UNAFFILIATED THIRD PARTIES, INCLUDING THIRD PARTY
CLAIMS FOR SPECIAL, INDIRECT, CONSEQUENTIAL, PUNITIVE OR EXEMPLARY DAMAGES. 

Section XV - Assignment 
 This Agreement
shall be binding upon and inure to the benefit of the Parties and their respective successors and assigns. This Agreement shall not be transferred or assigned by either Party without the prior written consent of the other Party, which consent shall
not be unreasonably withheld or delayed. Notwithstanding the foregoing, either Party may assign this Agreement without the consent of the other Party: (i) to a purchaser of all or substantially all of its assets, and (ii) to any Person as
security in connection with arranging financing for such Party or any Affiliate of such Party provided further that in the event of any assignment under this Section XV, the assigning Party shall not be released from its obligations hereunder
without the prior written consent of the other Party (such consent not to be unreasonably withheld or delayed). 
 Section XVI - Laws and
Regulations 
  

	(a)	This Agreement shall be governed by the laws of the State of Texas without regard to the conflicts of law provisions contained therein. This Agreement is subject to all valid existing and future laws, orders, rules,
regulations or proclamations of duly constituted governmental authorities having jurisdiction or control over the Gatherer, the Gathering System or the subject matter hereof. 

 

	(b)	Shipper shall not deliver any Gas at the Receipt Points, or otherwise take any action, which could result in the Gathering System or Gatherer’s ownership and operation thereof, not being exempt from regulation
under the Natural Gas Act pursuant to the gathering exemption under Section 1(b) of such Act. Shipper shall indemnify, defend and hold harmless Gatherer from and against all Claims arising out of or in connection with Shipper’s breach of
this provision. 

  
 A-16 

	(c)	If any governmental authority shall take any action (including, without limitation, issuance of a “policy statement”) (i) which is, with respect to or as a result of this Agreement, designed to subject or
otherwise subjects Gatherer, its Affiliates, designees or any pipeline or related facilities of either Gatherer, its Affiliates or its or their agents to any greater or different regulation or jurisdiction than that existing on the date of this
Agreement or (ii) whereby the receipt, gathering and delivery of Gas as contemplated hereunder or pursuant to other agreements shall be prohibited or subject to terms, conditions, restraints or regulations, including rate or price control, or
ceilings or open access requirements which, in the sole judgment of Gatherer, are unduly or overly burdensome, then, the Parties agree to, in good faith, renegotiate this Agreement or enter into a superseding agreement. If the Parties cannot
renegotiate this agreement or enter into a superseding agreement, upon written notice to Shipper, Gatherer may terminate this Agreement in whole or in part effective one (1) Day prior to the effective date of such governmental action without
further obligation to Shipper. However, Shipper shall make payment for services rendered (but shall have no obligation for any remaining Commitment Volumes) and the Parties shall endeavor to correct any Gas imbalance existing on the date of such
termination. Notwithstanding the foregoing, nothing contained herein shall preclude the Parties from renegotiating this Agreement or entering into a superseding agreement if they so choose. 

 

	(d)	Gatherer shall file all necessary reports and/or notices required by law or regulation to be filed by Gatherer, and Shipper shall provide Gatherer with any necessary compliance information requested by Gatherer in
connection with preparing such reports. 

  

	(e)	If a dispute between Shipper and Gatherer arises out of this Agreement, either Party may initiate dispute resolution procedures by sending written notice (the “Initial Notice”) to the other Party specifically
stating the complaining Party’s claim and requesting dispute resolution in accordance with this Article. The Parties shall attempt in good faith to resolve any dispute arising out of or relating to this Agreement promptly by negotiation between
executives who have authority to settle the controversy and who are at a higher level of management than the persons with direct responsibility for administration of this Agreement. Within twenty (20) Business Days after delivery of the Initial
Notice, the executives of both Parties shall meet at a mutually acceptable time and place, and thereafter as often as they mutually agree, to attempt to resolve the dispute. All negotiations pursuant to this clause are confidential and shall be
treated as compromise and settlement negotiations for purposes of applicable rules of evidence. 

  

	(f)	If the executives fail to meet or are unable to resolve the dispute within thirty (30) Days after the Initial Notice from the Party initiating dispute resolution procedures, or such longer period as mutually agreed
to by the Parties, then the Parties agree that any such dispute shall be adjudicated exclusively in the federal and state courts located in Dallas, Dallas County, Texas, and venue shall at all times be proper there. 

 

	(g)	THE PARTIES HEREBY WAIVE A TRIAL BY JURY OF ANY AND
ALL ISSUES ARISING IN ANY ACTION OR PROCEEDING BETWEEN THE PARTIES OR
THEIR SUCCESSORS OR PERMITTED ASSIGNS, ARISING UNDER OR RELATED TO THIS
AGREEMENT, OR ANY OF ITS PROVISIONS. 

  
 A-17 

 Section XVII - Confidentiality 

The terms of this Agreement, including but not limited to the rates and/or fees paid for gathering and other service, the identified transporting pipelines,
the volumes gathered and all other material terms of this Agreement shall be kept confidential by the Parties and their respective Representatives (as defined below), except to the extent that any information must be disclosed to a third party for
the purpose of effectuating gathering and other services pursuant to this Agreement, or as required by regulation, law, subpoena or court order. If a Party intends to disclose the terms of this Agreement to such a third party it shall first cause
such third party to enter into a confidentiality and non-use agreement with respect to such information, unless such other party is a government agency or court, in which case it shall use commercially reasonable efforts to maintain the
confidentiality of the information required to be disclosed. For purposes of this Section XVII, “Representatives” means such Party’s affiliates and its and their respective officers, directors, employees, advisors, consultants, agents
and actual or potential lenders, financing sources and/or joint venture partners. 
 Section XVIII - Miscellaneous 

 

	(a)	The Parties stipulate and agree that this Agreement shall be deemed and considered for all purposes as prepared through the joint effort of the Parties and shall not be construed against one Party or the other as a
result of the preparation, submittal or other event of negotiation, drafting or execution hereof. 

  

	(b)	Shipper agrees to grant or assign, and to cause any of its Affiliates to grant or assign, to Gatherer or its designee, insofar as Shipper or its Affiliate(s) is able to convey such rights, the right of ingress and
egress and all necessary easements and rights-of-way to any leaseholds or premises of Shipper for the construction of pipelines and/or facilities necessary or convenient
for the performance by Gatherer of the services to be provided hereunder. 

  

	(c)	This Agreement embodies the entire agreement and understanding between the Parties with respect to the subject matter hereof and supersedes all prior agreements and understandings relating to such subject matter.

  

	(d)	This Agreement is for the sole benefit of the Parties and their permitted successors and assigns and nothing herein expressed or implied shall give or be construed to give to any Person, other than the Parties and such
permitted successor and assigns, any legal or equitable rights hereunder. 

  

	(e)	Any term of this Agreement may be amended only with the written consent of each Party. A Party’s observance of any term of this Agreement may be waived (either generally or in a particular instance and either
retroactively or prospectively) only by written consent of the other Party. No waivers of or exceptions to any term, condition, or provision of this Agreement, in any one or more instances, shall be deemed to be, or construed as, a further or
continuing waiver of any such term, condition, or provision. 

  

	(f)	This Agreement may be executed in several counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. This Agreement may be executed by facsimile
signatures. 

  

	(g)	The headings of the sections, subsections, and paragraphs of this Agreement have been added for convenience only and shall not be deemed to be a part of this Agreement. 

  
 A-18 

	(h)	If any provision of this Agreement or the application thereof to any Person or circumstance shall be held by a court of competent jurisdiction to be invalid or unenforceable to any extent, (i) the remainder of this
Agreement and the application of such provisions to other Persons or circumstances shall not be affected thereby and shall be enforced to the greatest extent permitted by law, and (ii) the provision of this Agreement which is so held to be
invalid or unenforceable shall be modified so that it is valid and enforceable while preserving to the maximum extent possible the substance of the original agreement of the Parties. 

[End of Exhibit A] 

  
 A-19 

 EXHIBIT B 

RECEIPT POINT(S) AND DELIVERY POINT(S) 

RECEIPT POINTS: 
  

					
	 Name
	  	Location	  	Meter Number
	 TBD
	  	San Augustine County, TX	  	TBD

 DELIVERY POINTS: 
 Each
Delivery Point listed below will be made available to Shipper: 
  

					
	 Name
	  	Location	  	Meter Number
	 NGPL
	  	Nacogdoches County, TX	  	45310
	 Gulf South 30”
	  	Sabine County, TX	  	022688
	 Center Point 32”
	  	Panola County, TX	  	822320
	 Gulf South 42”
	  	Panola County, TX	  	022708
	Acadian/Mansfield	  	De Soto Parish, LA	  	

  

  
 B-1 

 EXHIBIT C 

FEES 
  

	1.	Volumetric Charge. A fee of five cents ($0.05) per Mcf assessed on all Gas (in Mcfs) received hereunder at the Receipt Point(s) during each Month. 

 

	2.	Volumetric Commitment. Shipper agrees to deliver hereunder at the Receipt Point(s) during each Month of three (3) consecutive Commitment Periods, a daily volume of Gas equal to the Commitment Volume for such
Commitment Period. If for any reason (including force majeure) Shipper fails to deliver during any Month of any Commitment Period the aggregate Commitment Volume for all days in such Month, then Shipper shall pay to Gatherer an amount equal to
(i) such aggregate Commitment Volume less the volume of Gas actually delivered by Shipper hereunder during such Month (the “Deficiency”) multiplied by (ii) $0.05 per Mcf. Shipper shall pay such amount within twenty (20) Days
of Shipper’s receipt of Gatherer’s statement for such Deficiency. Shipper’s obligation to pay such amount is in addition to all other amounts owed by Shipper under this Agreement. For the avoidance of doubt, once Shipper has delivered
a volume of Gas hereunder at the Receipt Points during any Month of any Commitment Period equal to the Commitment Volume applicable to such Month, then it shall have no obligation to deliver any minimum volumes of Gas hereunder during the remainder
of such Month; provided, however, Shipper’s dedication obligations hereunder and its obligations under Section II (k) shall continue to apply. 

  

	(b)	Subject to item (c) below, the Commitment Volume for each Commitment Period shall be as follows: 

1st Commitment Period – August 1, 2015 through January 31, 2016 –
50,000 Mcf/day 
 2nd Commitment Period – February 1, 2016 through
July 31, 2016 – 75,000 Mcf/day 
 3rd Commitment Period – August 1,
2016 through July 31, 2020 – 100,000 Mcf/day 
  

	(c)	All volumes of Gas, if any, delivered by Shipper hereunder during the first Commitment Period in excess of the Commitment Volume shall be credited against Shipper’s Commitment Volume obligation for the second
Commitment Period, and so on through the third Commitment Period. 

  

	3.	Commodity Charge. A fee of two and one half cents ($0.025) per Mcf assessed on all Gas (in Mcfs) received hereunder from Shipper by Gatherer at the Receipt Points during each Month. 

 

	4.	Compression Fee. Where Gatherer installs compression pursuant to Section VII of Exhibit A, Delivery Pressure, between the Receipt Point(s) and the Delivery Point(s) to cause Gas to be delivered to
downstream pipelines at the Delivery Point(s), then: 

  

	 	a)	 if the Gas delivered hereunder in any Month moves through such compression, a fee of seven cents ($0.07) per Mcf per theoretical stage of compression,
shall be assessed on all Gas (in Mcfs) received hereunder at the applicable Receipt Point during each month. In addition, Shipper will bear its prorata share of actual fuel, and will reimburse Gatherer its prorata share of all electrical charges,
associated with the operation of such compression. For purposes of this Agreement, the theoretical stages of compression shall be determined as follows: Each Month, Gatherer shall determine the average suction pressure and the average discharge
pressure of 

  
 C-1 

	 	
each compressor station during its period of operation. Such average discharge pressure in pounds per square inch gauge (psig) shall be divided by the average suction pressure in psig, and then
be divided by three and one-half (3.5) compression ratios, with the resulting number being the number of theoretical stages of compression for such compressor station for which Shipper shall be charged. For example, if in a Month, the average
suction pressure and the average discharge pressure of a compressor station during its period of operation are 300 psig and 1,050 psig, respectively, then the number of theoretical stages of compression for such compressor station would be 1.0 (i.e.
1,050 ÷ 300, ÷ 3.5) and the fee for such compression for such Month would be $0.08 per Mcf. 

  

	 	b)	In addition to the fees set forth in Section 2(a) of this Exhibit C, Shipper will bear its prorata share of actual fuel consumed in such compression and will reimburse Gatherer its prorata share of all electrical
charges, associated with the operation of such compression. 

  

	5.	CO2 Treating Fee. A fee per Mcf assessed on all Gas (in Mcfs) received hereunder at each Receipt Point(s) and actually treated by Gatherer during each month
determined, based upon the CO2 content of such Gas at such Receipt Point, as follows: 

  

	 	a)	If the CO2 content of such Gas at such Receipt Point meets the requirements of Section V, Quality, then no fee. 

 

	 	b)	If the CO2 content of such Gas at such Receipt Point does not meet the requirements of Section V, Quality, then a fee equal to $0.045 per Mcf.

  

	 	c)	In addition to the fees set forth in Section 3(a) and (b) of this Exhibit C, Shipper will bear its prorata share of actual fuel for each one (1) percentage (or portion thereof) of CO2 content that the Gas exceeds the CO2 Requirement) and will reimburse Gatherer its prorata share of all electrical charges, associated with
the operation of such treatment facilities (based on volumes of Gas moving through such treatment facilities). 

  
 C-2 

	6.	Minimum Volume Fee. The Minimum Volume Fee shall apply as stated in Section II—Quantities and Services Provided (k). 

  

	7.	FL&U. Shipper will provide to Gatherer, in kind and at no cost to Gatherer, Shipper’s share of fuel under Sections 2 and 3 of this Exhibit C, as well as Shipper’s share of FL&U under Article 3.2
of the Agreement; provided, however, any fuel utilized to operate compression and/or treating facilities that is the subject of Sections 2 and 3 of this Exhibit C shall not be included in FL&U under Article 3.2 of the Agreement. In this regard,
Gatherer may from time to time use historical fuel and/or FL&U information in establishing fuel retention percentages under Sections 2 and 3 of this Exhibit C and FL&U retention percentages under Article 3.2 of the Agreement, to be applied
on a prospective basis. 

  

	8.	Escalation. All fees per Mcf set forth in Sections 1, 2, 3, 4 and 5 of this Exhibit C shall be adjusted effective on each anniversary during the term of this Agreement, commencing on August 1, 2015, to reflect
increases, if any, in the “PPI-OME” (as defined below) during the twelve (12) month period ending with January preceding the date of the applicable adjustment. As used herein, “PPI-OME” means the Producer Price Index for Oil
Field and Gas Field Machinery and Equipment (Commodity Code 11-91), unadjusted index, as published by the U.S. Department of Labor Statistics, or if the publication of such index is discontinued, such other index or indices reasonably selected by
Gatherer which reflects the range of economic factors represented by such index. 

  
 C-3

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