Document:

Contribution Agreement

 Exhibit 10.1 

 
  

 
  
  

 
  
  

 
  
  

 
  
  

 
  
  

 
  

CONTRIBUTION AGREEMENT 

By and Among 

PENN VIRGINIA RESOURCE GP CORP., 

PENN VIRGINIA GP HOLDINGS, L.P., 

And 

PVG GP, LLC 

Dated as of June 7, 2010 
  

 
  
  

 
  
  

 
  
  

 
  
  

 
  
  

 
  

 

 TABLE OF CONTENTS 

ARTICLE I 

DEFINITIONS 

ARTICLE II 

CONTRIBUTION AND DISTRIBUTION TRANSACTIONS 
  

					
	 Section 2.1
	 	Contribution of Interest in PVG GP, LLC by PVR GP Corp	  	2
	 Section 2.2
	 	Admission of PVG as a Member of PVG GP	  	2
	 Section 2.3
	 	Section 2.3 Cessation of PVG GP Corp as a Member of PVG GP	  	2
	 Section 2.4
	 	Section 2.4 Continuation of PVG GP	  	2
		
	ARTICLE III	  	
	REPRESENTATIONS AND WARRANTIES	  	
			
	 Section 3.1
	 	Representations and Warranties of PVR GP Corp	  	2
	 Section 3.2
	 	Representations and Warranties of PVR GP Corp and PVG	  	4
		
	ARTICLE IV	  	
	FURTHER ASSURANCES	  	
		
	ARTICLE V	  	
	MISCELLANEOUS	  	
			
	 Section 5.1
	 	Headings; References; Interpretation	  	4
	 Section 5.2
	 	Successors and Assigns	  	5
	 Section 5.3
	 	No Third Party Rights	  	5
	 Section 5.4
	 	Counterparts	  	5
	 Section 5.5
	 	Governing Law	  	5
	 Section 5.6
	 	Severability	  	5
	 Section 5.7
	 	Amendment or Modification	  	5
	 Section 5.8
	 	Integration	  	5
	 Section 5.9
	 	Deed; Bill of Sale; Assignment	  	6
	 Section 5.10
	 	Notice Address of PVG	  	6

  

 i 

 CONTRIBUTION AGREEMENT 

This Contribution Agreement, dated as of June 7, 2010 (this “Contribution Agreement”), is by and among PENN
VIRGINIA RESOURCE GP CORP., a Delaware corporation (“PVR GP Corp”), PENN VIRGINIA GP HOLDINGS, L.P., a Delaware limited partnership (“PVG”), and PVG GP, LLC, a Delaware limited liability company and the general
partner of PVG (“PVG GP”). The above-named entities are sometimes referred to in this Contribution Agreement each as a “Party” and collectively as the “Parties.” Capitalized terms used herein shall
have the meanings assigned to such terms in Article I. 
 W I T N E S S E T H: 

WHEREAS, PVR GP Corp owns a 100% limited liability company interest in PVG GP; 

WHEREAS, PVR GP Corp desires to transfer all of the limited liability company interests it owns in PVG GP to PVG, to admit PVG as
a substitute member of PVG GP, and to cease to be a member of PVG GP; and 
 WHEREAS, PVG desires to acquire all of the
limited liability company interests in PVG GP owned by PVR GP Corp, and to be admitted to PVG GP as a substitute member of PVG GP. 

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

ARTICLE I 

DEFINITIONS 

The terms set forth below in this Article I shall have the meanings ascribed to them below or in the part of this Contribution Agreement
referred to below: 
 “consent” has the meaning given to it in Section 3.1(e) of this Contribution
Agreement. 
 “Contribution Agreement” has the meaning given to it in the Preamble of this Contribution
Agreement. 
 “Governmental Authority” has the meaning given to it in Section 3.1(d) of this Contribution
Agreement. 
 “PVG” has the meaning given to it in the Preamble of this Contribution Agreement. 

“PVG GP” has the meaning given to it in the Recitals of this Contribution Agreement. 

 “PVG GP Agreement” means the First Amended and Restated Limited Liability
Company Agreement of PVG GP, dated as of December 8, 2006, as amended by Amendment No. 1 thereto, dated as of March 31, 2010. 

“PVR GP Corp” has the meaning given to it in the Preamble of this Contribution Agreement. 

“Transferred GP Interest” has the meaning given to it in Section 2.1 of this Contribution Agreement. 

ARTICLE II 

CONTRIBUTION AND DISTRIBUTION TRANSACTIONS 

Section 2.1 Contribution of Interest in PVG GP, LLC by PVR GP Corp. Notwithstanding any provision of the
PVG GP Agreement, including Article V thereof, PVR GP Corp hereby grants, contributes, bargains, assigns, transfers, sets over and delivers to PVG, its successors and assigns, for its and their own use forever, a 100% limited liability company
interest in PVG GP (the “Transferred GP Interest”). PVG hereby accepts the Transferred GP Interest and acknowledges receipt thereof. Following such assignment, the Percentage Interest (as defined in the PVG GP Agreement) of PVR GP
Corp shall be 0% and the Percentage Interest of PVG shall be 100%. 
 Section 2.2 Admission of PVG as a Member of PVG
GP. Notwithstanding any provision of the PVG GP Agreement, including Article V thereof, simultaneously with the assignment described in Section 2.1 of this Contribution Agreement, PVG is hereby admitted to PVG GP as a substitute
member of PVG GP and ratifies and agrees to be bound by the PVG GP Agreement. 
 Section 2.3 Section 2.3
Cessation of PVG GP Corp as a Member of PVG GP. Notwithstanding any provision of the PVG GP Agreement, including Section 2.12(c) thereof, simultaneously with the admission of PVG as a substitute member of PVG GP pursuant to
Section 2.2 of this Contribution Agreement, PVR GP Corp shall cease to be a member of PVG GP and shall cease to have or exercise any right or power as a member of PVG GP. 

Section 2.4 Section 2.4 Continuation of PVG GP. The parties hereto agree that the assignment of the
Transferred GP Interest, the admission of PVG as a substitute member of PVG GP and the ceasing of PVR GP Corp to be a member of PVG GP shall not dissolve PVG GP, and the business of PVG GP shall continue. 

ARTICLE III 

REPRESENTATIONS AND WARRANTIES 

Section 3.1 Representations and Warranties of PVR GP Corp. PVR GP Corp hereby represents and warrants to PVG as
follows as of the date of this Contribution Agreement: 
 (a) PVR GP Corp has been duly incorporated and is
validly existing in good standing under the laws of the State of Delaware, with all corporate power and authority necessary to own or hold its properties and conduct the businesses in which it is engaged and, to execute and deliver this Contribution
Agreement and to consummate the transactions contemplated hereby. PVR GP Corp is the sole member of PVG GP. 
  

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 (b) As of the date of this Contribution Agreement, following the
consummation of the transaction described in Section 2.1 of this Contribution Agreement, PVG owns 100% of the issued and outstanding limited liability company interests in PVG GP; such limited liability company interests have been duly
authorized and validly issued in accordance with the limited liability company agreement of PVR GP, as amended, restated, supplemented or otherwise modified on or prior to the date of this Contribution Agreement, and PVG owns such limited liability
company interests free and clear of all liens, encumbrances, security interests, equities, charges or claims. 

(c) All corporate action required to be taken by PVR GP Corp or any of its equityholders for the authorization, execution
and delivery of this Contribution Agreement and the consummation of the transactions contemplated by this Contribution Agreement has been validly taken. 

(d) None of the (i) the execution, delivery and performance of this Contribution Agreement by PVR GP Corp or
(ii) consummation of the transactions contemplated hereby (A) conflicts or will conflict with or constitutes or will constitute a violation of the certificate of incorporation or bylaws of PVR GP Corp, (B) conflicts or will conflict
with or constitutes or will constitute a breach or violation of, or a default (or an event that, with notice or lapse of time or both, would constitute such a default) under, any indenture, mortgage, deed of trust, loan agreement, lease or other
agreement or instrument to which PVR GP Corp is a party or by which PVR GP Corp or any of its properties may be bound, (C) violates or will violate any statute, law or regulation or any order, judgment, decree or injunction of any Governmental
Authority or body having jurisdiction over PVR GP Corp, or any of its properties or assets or (D) results or will result in the creation or imposition of any lien, charge or encumbrance upon any property or assets of PVR GP Corp, which
conflicts, breaches, violations, defaults or liens, in the case of clauses (B) or (D), would, individually or in the aggregate, have a material adverse effect on (I) the transactions contemplated by this Contribution Agreement or (II) the
ownership and use by PVG of the Transferred GP Interest at or after the date of this Contribution Agreement. “Governmental Authority” means (i) the United States of America, (ii) any state, province, county, municipality
or other governmental subdivision within the United States of America, and (iii) any court or any governmental department, commission, board, bureau, agency or other instrumentality of the United States of America, or of any state, province,
county, municipality or other governmental subdivision within the United States of America. 
  

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 (e) No permit, consent, approval, authorization, order, registration, filing
or qualification (a “consent”) of or with any Governmental Authority or body having jurisdiction over PVR GP Corp or any of its respective properties is required in connection with (i) the execution, delivery and performance of
this Contribution Agreement by PVR GP Corp or (ii) the consummation by PVR GP Corp of the transactions contemplated by this Contribution Agreement, except for such consents that have been obtained. 

Section 3.2 Representations and Warranties of PVR GP Corp and PVG. Each of PVR GP Corp and PVG hereby represents and
warrants as follows as of the date of this Contribution Agreement: 
 (a) The assignment of the Transferred GP
Interest and the admission of PVG as a member of PVG GP is being made in accordance with Applicable Laws (as defined in the PVG GP Agreement). 

(b) The matters set forth in Sections 5.7(a)(i) and 5.7(a)(ii) of the PVG GP Agreement as applied to this Contribution
Agreement are true and correct. 
 ARTICLE IV 

FURTHER ASSURANCES 

From time to time after the date of this Agreement, and without any further consideration, the Parties agree to execute, acknowledge and
deliver all such additional deeds, assignments, bills of sale, conveyances, instruments, notices, releases, acquittances and other documents, and will do all such other acts and things, all in accordance with applicable law, as may be necessary or
appropriate (a) more fully to assure that the applicable Parties own all of the properties, rights, titles, interests, estates, remedies, powers and privileges granted by this Contribution Agreement, or which are intended to be so granted or
(b) more fully and effectively to vest in the applicable Parties and their respective successors and assigns beneficial and record title to the interests contributed and assigned by this Contribution Agreement or intended so to be and to more
fully and effectively carry out the purposes and intent of this Contribution Agreement. 
 ARTICLE V 

MISCELLANEOUS 

Section 5.1 Headings; References; Interpretation. All Article and Section headings in this Contribution Agreement are
for convenience only and shall not be deemed to control or affect the meaning or construction of any of the provisions hereof. The words “hereof” and “herein” and words of similar import, when used in this Contribution Agreement,
shall refer to this Contribution Agreement as a whole, including, without limitation, any and all schedules and exhibits attached hereto, and not to any particular provision of this Contribution Agreement. All personal pronouns used in this
Contribution Agreement, whether used in the masculine, feminine or neuter gender, shall include all other genders, and the singular shall include the plural and vice versa. The use herein of the word “including” following any general
statement, term or matter shall not be construed to limit 
  

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such statement, term or matter to the specific items or matters set forth immediately following such word or to similar items or matters, whether or not non-limiting language (such as
“without limitation”, “but not limited to”, or words of similar import) is used with reference thereto, but rather shall be deemed to refer to all other items or matters that could reasonably fall within the broadest possible
scope of such general statement, term or matter. 
 Section 5.2 Successors and Assigns. This Contribution
Agreement shall be binding upon and inure to the benefit of the Parties and their respective successors and assigns. 

Section 5.3 No Third Party Rights. The provisions of this Contribution Agreement are intended to bind the Parties as
to each other and are not intended to and do not create rights in any other person or confer upon any other person any benefits, rights or remedies and no person is or is intended to be a third party beneficiary of any of the provisions of this
Contribution Agreement. 
 Section 5.4 Counterparts. This Contribution Agreement may be executed in any
number of counterparts, all of which together shall constitute one agreement binding on the parties hereto. 

Section 5.5 Governing Law. This Contribution Agreement shall be governed by, and construed in accordance with, the
laws of the State of Delaware applicable to contracts made and to be performed wholly within such state without giving effect to conflict of law principles thereof. 

Section 5.6 Severability. If any of the provisions of this Contribution Agreement are held by any court of competent
jurisdiction to contravene, or to be invalid under, the laws of any political body having jurisdiction over the subject matter hereof, such contravention or invalidity shall not invalidate the entire Contribution Agreement. Instead, this
Contribution Agreement shall be construed as if it did not contain the particular provision or provisions held to be invalid and an equitable adjustment shall be made and necessary provision added so as to give effect to the intention of the Parties
as expressed in this Contribution Agreement at the time of execution of this Contribution Agreement. 
 Section 5.7
Amendment or Modification. This Contribution Agreement may be amended or modified from time to time only by the written agreement of all the Parties. Each such instrument shall be reduced to writing and shall be designated on its face as
an Amendment to this Contribution Agreement. 
 Section 5.8 Integration. This Contribution Agreement and the
instruments referenced herein supersede all previous understandings or agreements among the Parties, whether oral or written, with respect to their subject matter. This document and such instruments contain the entire understanding of the Parties
with respect to the subject matter hereof and thereof. No understanding, representation, promise or agreement, whether oral or written, is intended to be or shall be included in or form part of this Contribution Agreement unless it is contained in a
written amendment hereto executed by the parties hereto after the date of this Contribution Agreement. Except as amended hereby, the PVG GP Agreement shall remain in full force and effect until amended in accordance with its terms. 

 

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 Section 5.9 Deed; Bill of Sale; Assignment. To the extent required and
permitted by applicable law, this Contribution Agreement shall also constitute a “deed,” “bill of sale” or “assignment” of the assets and interests referenced herein. 

Section 5.10 Notice Address of PVG. The address of PVG for notices for purposes of the PVG GP Agreement shall be:

 Penn Virginia GP Holdings, L.P. 

Four Radnor Corporate Center, Suite 200 

100 Matsonford Road 

Radnor, PA 19087 

[Signature Page Follows] 
  

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 IN WITNESS WHEREOF, the parties to this Contribution Agreement have caused it to be duly
executed as of the date first above written. 
  

			
	PENN VIRGINIA RESOURCE GP CORP.
		
	 By:
	 	 /s/ NANCY M. SNYDER

	 Name:
	 	Nancy M. Snyder
	 Title:
	 	Vice President and Chief Administrative Officer
	
	PENN VIRGINIA GP HOLDINGS, L.P.
		
	 By:
	 	 PVG GP, LLC,
 its general
partner

		
	 By:
	 	 /s/ WILLIAM H. SHEA, JR.

	 Name:
	 	William H. Shea, Jr.
	 Title:
	 	President and Chief Executive Officer
	
	PVG GP, LLC
		
	 By:
	 	 /s/ WILLIAM H. SHEA, JR.

	 Name:
	 	William H. Shea, Jr.
	 Title:
	 	President and Chief Executive Officer

Signature Page to Contribution AgreementAmended and Restated Credit Agreement

 Exhibit 10.2 

SECOND AMENDMENT TO 

AMENDED AND RESTATED CREDIT AGREEMENT 

THIS SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (the “Second Amendment”) is dated as of June 7,
2010, and is made by and among PVR FINCO LLC, a Delaware limited liability company (the “Borrower”), the GUARANTORS (individually a “Guarantor” and collectively, the “Guarantors”), the
FINANCIAL INSTITUTIONS PARTY HERETO (individually a “Lender” and collectively, the “Lenders”), BANK OF AMERICA, NA, BNP PARIBAS AND WELLS FARGO BANK, NATIONAL ASSOCIATION, successor in interest by merger
to Wachovia Bank, National Association, each in its capacity as a documentation agent, BRANCH BANKING AND TRUST COMPANY, SOCIÉTÉ GÉNÉRALE AND UNION BANK, N.A., each in its capacity as a senior managing agent,
and PNC BANK, NATIONAL ASSOCIATION, in its capacity as administrative agent for the Lenders (the “Agent”). PNC Capital Markets LLC and RBC Capital Markets are Joint Lead Arrangers, and PBC Capital Markets is Syndication Agent
under the Credit Agreement (defined below). 
 RECITALS: 

WHEREAS, the Borrower, the Guarantors, the Lenders and the Agent are parties to that certain Amended and Restated Credit Agreement, dated
as of August 5, 2008, as amended by that certain First Amendment to Amended and Restated Credit Agreement, dated as of March 27, 2009, among the Borrower, the Guarantors, the Lenders and the Agent (as amended, the “Credit
Agreement”); unless otherwise defined herein, capitalized terms used herein shall have the meanings given to them in the Credit Agreement; 

WHEREAS, immediately prior to March 31, 2010, Penn Virginia Corporation, a Virginia corporation (“Penn Virginia
Corporation”), beneficially owned, through one or more of its Subsidiaries, 20,077,429 common units (collectively, the “Common Units”) representing limited partnership interests in Penn Virginia GP Holdings, L.P.
(“PVG”); 
 WHEREAS, pursuant to a Consent under Amended and Restated Credit Agreement, dated as of
March 21, 2010 (the “Consent”), each of the Lenders and the Agent consented to the offer and sale (the “Previous Sale”) by Penn Virginia Corporation, through one or more of its Subsidiaries, of up to 13,384,952
of the Common Units on the terms and conditions set forth therein; 
 WHEREAS, Penn Virginia Corporation offered and sold an
aggregate of 11,250,000 Common Units in the Previous Sale and beneficially owns as of the date hereof, through one or more of its Subsidiaries, (i) 8,827,429 Common Units and (ii) 100% of the member interests of PVG GP, LLC, the sole
general partner of PVG (the “PVG General Partner”); 
 WHEREAS, PVG owns as of the date hereof
(i) 19,587,049 common units representing limited partnership interests in Penn Virginia Resource Partners, L.P. (“Parent”) and (ii) 100% of 

 
the membership interests of Penn Virginia Resource GP, LLC, the sole general partner of Parent (the “General Partner”); 

WHEREAS, Penn Virginia Corporation, through one or more of its Subsidiaries, currently intends to (i) directly or indirectly
contribute 100% of its general partnership interests in the PVG General Partner to PVG (the “PVG General Partnership Contribution”) and (ii) offer and sell up to an aggregate of 8,827,429 Common Units remaining in one or more
underwritten offerings registered under the Securities Act of 1933, as amended (the “Common Unit Sale”); 

WHEREAS, Section 1.1 of the Credit Agreement defines “Change of Control” to mean “any one or more of the following
events shall occur: (i) Penn Virginia Corporation shall fail to own, directly or indirectly, or fail to have full right to vote greater than 51% of, the general partnership interest of the General Partner, (ii) the Parent shall fail to
own, directly or indirectly, 100% of the member interests of the Borrower or (iii) a Parent Change of Control.”; 

WHEREAS, Section 8.1.12 of the Credit Agreement provides that a “Change of Control” shall constitute an Event of Default;

 WHEREAS, the PVG General Partnership Contribution would result in a “Change of Control” under the Credit Agreement,
resulting in a Potential Default or Event of Default and the Consent requires, prior to the Borrower making the PVG General Partnership Contribution or commencing the Common Unit Sale, that the Borrower enter into a consent or amendment of the
Credit Agreement permitting the PVG General Partnership Contribution and the Common Unit Sale; 
 WHEREAS, $300,000,000 of
unsecured Indebtedness has been issued in connection with note offering(s) pursuant to the provisions of Section 7.2.1(viii); 

WHEREAS, Borrower requests that the additional amount of unsecured Indebtedness that may be issued within the parameters of
Section 7.2.1(viii) be reset to $300,000,000; 
 WHEREAS, the Borrower and the Guarantors have requested that the Lenders
agree to amend the Credit Agreement in order to revise the definition of Change of Control, to increase the amount permitted under Section 7.2(viii) and to consent to the PVG General Partnership Contribution and the Common Unit Sale, all
pursuant to the terms and subject to the applicable conditions set forth herein, and the Required Lenders have agreed to amend the Credit Agreement and consent to the PVG General Partnership Contribution and Common Unit Sale as hereinafter provided.

 NOW, THEREFORE, in consideration of the foregoing and intending to be legally bound, and incorporating the above-defined
terms herein, the parties hereto agree as follows: 
 1. Recitals. The foregoing recitals are true and correct and
incorporated herein by reference. 
  

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 2. Amendment to Credit Agreement. 

(a) New Definition. The following new definitions are hereby inserted in Section 1.1 of the Credit Agreement in alphabetical
order: 
 “PVG shall mean Penn Virginia GP Holdings, L.P., a Delaware limited partnership. 

PVG General Partner shall mean PVG GP, LLC, a Delaware limited liability company.” 

(b) Existing Definition. 

(i) The definition of Change of Control contained in Section 1.1 of the Credit Agreement is hereby amended and
restated as follows: 
 “Change of Control shall mean: 

(i) the Parent shall fail to own, directly or indirectly, 100% of the member interests of the Borrower; 

(ii) Any sale, lease, exchange or other transfer (in one or a series of related transactions) of all or substantially all
of the assets of the PVG General Partner, PVG, the General Partner or Parent to any Person other than Borrower or its Affiliates; 

(iii) Any Person or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act) other than
Borrower or its Affiliates becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of (A) equity securities of the PVG General Partner or the General Partner representing more than 50%
of the combined voting power of the PVG General Partner or the General Partner or (B) equity securities of PVG or the Parent representing more than 75% of the combined voting power of PVG or the Parent; or 

(iv) The equity security holders of PVG, the General Partner or the Parent approve the consummation of a merger or
consolidation of PVG, the General Partner or the Parent with any other entity, other than a merger or consolidation (A) with Borrower or any other Subsidiary of PVG or the Parent or (B) which would result in the voting securities of PVG,
the General Partner or the Parent immediately outstanding prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the surviving entity) at least 75% of the combined voting power of the
voting securities of PVG, the General Partner or the Parent outstanding immediately after such merger or consolidation.” 

(c) Amendment to Negative Covenant. Section 7.2.1(viii) of the of the Credit Agreement is hereby amended by deleting the
reference to “$300,000,000” contained therein and replacing it with “$600,000,000”. 
  

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 3. Consent to Permit General Partnership Contribution; PVR General Partnership
Contribution and Common Unit Sale. 
 (i) Notwithstanding the entry into and consummation of the PVG General
Partnership Contribution and the Common Unit Sale, each and every provision of the Credit Agreement and any other Loan Document that restricts or limits Penn Virginia Corporation or any of its Subsidiaries or Affiliates from entering into or
consummating, or would be violated by Penn Virginia Corporation or any of its Subsidiaries or Affiliates entering into or consummating, the PVG General Partnership Contribution or the Common Unit Sale, including without limitation, the provisions of
Section 8.1.12 (providing that a Change of Control shall constitute a Default), is hereby consented to and waived insofar as necessary to permit Penn Virginia Corporation or any of its Subsidiaries or Affiliates to enter into and consummate the
PVG General Partnership Contribution and the Common Unit Sale. 
 4. Conditions to Effectiveness. The amendments and
consent contained in Sections 2 and 3 of this Second Amendment shall become effective upon satisfaction of each of the following conditions being satisfied to the satisfaction of the Agent: 

(a) Execution and Delivery of Second Amendment. The Borrower, the Guarantors, the Required Lenders and the Agent shall have
executed this Second Amendment, and all other documentation necessary for effectiveness of this Second Amendment shall have been executed and delivered all to the satisfaction of the Borrower, the Required Lenders and the Agent. 

(b) Organization, Authorization and Incumbency. There shall be delivered to the Agent for the benefit of each Lender a
certificate, dated the date hereof and signed by the Secretary or an Assistant Secretary of each Loan Party, certifying as appropriate as to: 

(i) all action taken by such party in connection with this Second Amendment and the other Loan Documents together with
resolutions of the General Partner on behalf of each of Loan Parties evidencing same; 
 (ii) the names of the
officer or officers authorized to sign this Second Amendment and the other documents executed and delivered in connection herewith and the true signatures of such officer or officers and specifying the Authorized Officers permitted to act on behalf
of the Loan Parties for purposes of the Loan Documents and the true signatures of such officers, on which the Agent and each Lender may conclusively rely; and 

(iii) copies of its organizational documents, including its certificate of incorporation, bylaws, certificate of limited
partnership, partnership agreement, certificate of formation and limited liability company agreement, in each case as in effect on the date hereof, certified by the appropriate state official where such documents are filed in a state office together
with certificates from the appropriate state officials as to the continued existence and good standing of the Borrower in each state where organized or qualified to do business, provided, however, that the Loan Parties may, in lieu of delivering
copies of 
  

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the foregoing organizational documents and good standing certificates, certify that the organizational documents and good standing certificates previously delivered by the Loan Parties to the
Agent remain in full force and effect and have not been modified, amended, or rescinded. 
 (c) Transaction
Documentation. The Borrower shall cause to be delivered to the Agent copies of documents that relate to the PVG General Partnership Contribution and such other documentation as the Agent may reasonably request, all of which shall be satisfactory
to the Agent. 
 (d) Material Adverse Change; Litigation. Each of the Loan Parties shall provide a certificate that
represents and warrants to the Agent and the Lenders that by its execution and delivery hereof to the Agent, after giving effect to this Second Amendment and the transactions contemplated herein: 

(i) no Material Adverse Change shall have occurred with respect to the Borrower or any of the Loan Parties since the
Closing Date of the Credit Agreement; and 
 (ii) there are no actions, suits, investigations, litigation or
governmental proceedings pending or, to the Loans Parties’ knowledge, threatened against any of the Loan Parties that could reasonably be expected to result in a Material Adverse Change or relate to any of the transactions contemplated herein
or in the Consent. 
 (e) Officer’s Certificate. There shall be delivered to the Agent a certificate of the Loan
Parties, dated the date hereof and signed by the Chief Executive Officer, President, Vice President or Chief Financial Officer of each Loan Party, certifying that: (i) the representations and warranties of the Borrower contained in Article 5 of
the Credit Agreement shall be true and accurate on and as of the date hereof with the same effect as though such representations and warranties had been made on and as of the date hereof (except representations and warranties which relate solely to
an earlier date or time, which representations and warranties shall be true and correct on and as of the specific dates or times referred to therein), (ii) the Loan Parties shall have performed and complied with all covenants and conditions of
the Credit Agreement and this Second Amendment and (iii) no Event of Default or Potential Default under the Credit Agreement shall have occurred and be continuing or shall exist. 

(f) Consents and Approvals. No consent, approval, exemption, order or authorization of, or a registration or filing with, any
Official Body or any other Person is required by any Law or any agreement in connection with the execution, delivery and carrying out of this Second Amendment by any Loan Party other than such consents, approvals, exemptions, orders or
authorizations that have already been obtained. 
 (g) Fees. The Borrower shall have paid to the Agent any fees and
expenses due and payable to the Agent and the Lenders and the reasonable costs and expenses of the Agent including, without limitation, reasonable fees of the Agent’s counsel in connection with this Amendment. 

 

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 5. Miscellaneous. 

(a) Representations and Warranties. By its execution and delivery hereof to the Agent, each of the Loan Parties represents and
warrants to the Agent and the Lenders that such Loan Party has duly authorized, executed and delivered this Second Amendment. 

(b) Full Force and Effect. All provisions of the Credit Agreement remain in full force and effect on and after the date hereof
except as expressly amended hereby. The parties do not amend any provisions of the Credit Agreement except as expressly amended hereby. 

(c) Counterparts. This Second Amendment may be signed in counterparts (by facsimile transmission or otherwise) but all of such
counterparts together shall constitute one and the same instrument. 
 (d) Incorporation into Credit Agreement. This
Second Amendment shall be incorporated into the Credit Agreement by this reference. All representations, warranties, Events of Default and covenants set forth herein shall be a part of the Credit Agreement as if originally contained therein.

 (e) Governing Law. This Second Amendment and the rights and obligations of the parties hereunder shall be governed by,
and construed in accordance with, the laws of the State of New York without regard to its conflict of laws principles. 
 (f)
Payment of Fees and Expenses. The Borrower unconditionally agrees to pay and reimburse the Agent and save the Agent harmless against liability for the payment of all out-of-pocket costs, expenses and disbursements, including without
limitation, to the Agent for itself the reasonable costs and expenses of the Agent including, without limitation, the reasonable fees and expenses of counsel incurred by the Agent in connection with the development, preparation, execution,
administration, interpretation or performance of this Second Amendment and all other documents or instruments to be delivered in connection herewith. 

(g) No Novation. Except as amended hereby, all of the terms and conditions of the Credit Agreement and the other Loan Documents
shall remain in full force and effect. Borrower, the Guarantors, each Lender, and the Agent acknowledge and agree that this Second Amendment is not intended to constitute, nor does it constitute, a novation, interruption, suspension of continuity,
satisfaction, discharge or termination of the obligations, loans, liabilities, or indebtedness under the Credit Agreement or the other Loan Documents. 

[SIGNATURE PAGES FOLLOW] 
  

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 [SIGNATURE PAGE TO PVR FINCO LLC  

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

IN WITNESS WHEREOF, the parties hereto, by their officers thereunto duly authorized, have executed this Second Amendment as of the day
and year first above written. 
  
  

					
	 BORROWER

	
	 PVR FINCO LLC

			
	By:	 	 /s/ William H. Shea, Jr. 
	 	(SEAL)
	Name:	 	William H. Shea, Jr.	 	
	Title:	 	President & Chief Executive Officer	 	

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

GUARANTORS: 
  

							
	 PENN VIRGINIA OPERATING CO., LLC

CONNECT GAS GATHERING, LLC
 CONNECT
ENERGY SERVICES, LLC
 CONNECT GAS PIPELINE LLC

CONNECT NGL PIPELINE, LLC
 DULCET
ACQUISITION LLC
 FIELDCREST RESOURCES LLC

K RAIL LLC
 LOADOUT LLC

PVR CHEROKEE GAS PROCESSING LLC
 PVR
EAST TEXAS GAS PROCESSING, LLC
 PVR NORTH TEXAS GAS GATHERING, LLC

PVR GAS PIPELINE, LLC
 PVR GAS
PROCESSING LLC
 PVR HAMLIN I, LLC

PVR HAMLIN II, LLC
 PVR HAMLIN,
L.P.

		
	By:	 	 PVR Hamlin I, LLC,

its sole general partner

	
	 PVR HYDROCARBONS LLC

PVR MARCELLUS GAS GATHERING, LLC
 PVR
MIDSTREAM LLC
 PVR GAS RESOURCES, LLC

PVR NATURAL GAS GATHERING LLC
 PVR
LAVERNE GAS PROCESSING, LLC
 PVR OKLAHOMA NATURAL GAS GATHERING LLC

SUNCREST RESOURCES LLC
 TONEY FORK
LLC
 WISE LLC

			
	By:	 	 /s/ William H. Shea, Jr. 
	 	(SEAL)
	Name:	 	 William H. Shea, Jr.

	Title:	 	 Chief Executive Officer

	
	PENN VIRGINIA RESOURCE PARTNERS, L.P.
		
	By:	 	 Penn Virginia Resource GP, LLC, its sole general partner

				
		 	By:	 	 /s/ William H. Shea, Jr. 
	 	(SEAL)
		 	Name:	 	William H. Shea, Jr.	 	
		 	Title:	 	Chief Executive Officer	 	

  

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	LENDERS
	
	 PNC BANK, NATIONAL ASSOCIATION,

individually and as Agent

		
	By:	 	 /s/ Richard C. Munsick

	Name:	 	Richard C. Munsick
	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	LENDERS:
	
	BANK OF AMERICA, N.A.
		
	By:	 	 /s/ Adam H. Fey

	Name:	 	Adam H. Fey
	Title:	 	Vice President

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	BANK OF OKLAHOMA, N.A.
		
	By:	 	 /s/ Jason B. Webb

	Name:	 	Jason B. Webb
	Title:	 	Vice President

  

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	BARCLAYS BANK PLC
		
	By:	 	 /s/ Sam Yoo

	Name:	 	Sam Yoo
	Title:	 	Assistant Vice President

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	BMO CAPITAL MARKETS FINANCING, INC.
		
	By:	 	 /s/ Gumaro Tijerina

	Name:	 	Gumaro Tijerina
	Title:	 	Director

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	BNP PARIBAS
		
	By:	 	 /s/ J. Christopher Lyons

	Name:	 	J. Christopher Lyons
	Title:	 	Managing Director
		
	By:	 	 /s/ Matthew A. Turner

	Name:	 	Matthew A. Turner
	Title:	 	Vice President

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	BRANCH BANKING AND TRUST COMPANY
		
	By:	 	 /s/ Hugh Ferguson

	Name:	 	Hugh Ferguson
	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	COMERICA BANK
		
	By:	 	 /s/ Dustin Hansen

	Name:	 	Dustin Hansen
	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	TD BANK, N.A.
		
	By:	 	 /s/ Robyn Zeller

	Name:	 	Robyn Zeller
	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	CAPITAL ONE, N.A.
		
	By:	 	 /s/ Matthew L. Molero

	Name:	 	Matthew L. Molero
	Title:	 	Vice President

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	FORTIS CAPITAL CORP.
		
	By:	 	 /s/ Betsey Jocher

	Name:	 	Betsey Jocher
	Title:	 	Director
		
	By:	 	 /s/ Polly Schott

	Name:	 	Polly Schott
	Title:	 	Director

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	JPMORGAN CHASE BANK, N.A.
		
	By:	 	 /s/ Stephanie Balette

	Name:	 	Stephanie Balette
	Title:	 	Senior Vice President

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	ROYAL BANK OF CANADA
		
	By:	 	 /s/ Don J. McKinnerney

	Name:	 	Don J. McKinnerney
	Title:	 	Authorized Signatory

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	SOCIÉTÉ GÉNÉRALE
		
	By:	 	 /s/ Scott A. Mackey

	Name:	 	Scott A. Mackey
	Title:	 	Director

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	U.S. BANK NATIONAL ASSOCIATION
		
	By:	 	 /s/ Tyler Fauerbach

	Name:	 	Tyler Fauerbach
	Title:	 	Vice President

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	UBS LOAN FINANCE LLC
		
	By:	 	 /s/ Irja R. Otsa

	Name:	 	Irja R. Otsa
	Title:	 	Associate Director
		
	By:	 	 /s/ Mary E. Evans

	Name:	 	Mary E. Evans
	Title:	 	Associate Director

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	UNION BANK, N.A.
		
	By:	 	 /s/ Jonathan Bigelow

	Name:	 	Jonathan Bigelow
	Title:	 	Vice President

 [SIGNATURE PAGE TO PVR FINCO LLC 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT] 

 

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION
		
	By:	 	 /s/ Jonathan R. Richardson

	Name:	 	Jonathan R. Richardson
	Title:	 	Senior Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00174-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00174-of-00352.parquet"}]]