Document:

EX-4.3

 Exhibit 4.3 

AMENDMENT 2 TO AMENDED AND RESTATED NOTE PURCHASE AGREEMENT 

This Amendment 2 to Amended and Restated Note Purchase Agreement (this “Amendment”), dated as of May 8, 2015, with
effect as of May 1, 2015 (the “Amendment Effective Date”), is entered into by and among CHENIERE CCH HOLDCO II, LLC, a Delaware limited liability company (“Issuer”), CHENIERE ENERGY, INC., a Delaware
corporation (“Parent”), EIG MANAGEMENT COMPANY, LLC, a Delaware limited liability company, as administrative agent for the Note Holders (“Agent”), and the Required Note Holders party hereto. 

RECITALS 
 A. Reference is made to the
Amended and Restated Note Purchase Agreement, dated as of March 1, 2015, by and among Issuer, Agent, The Bank of New York Mellon, as collateral agent for the Note Holders, and the Note Purchasers party thereto, and, solely for purposes of
acknowledging and agreeing to Section 9 thereto, Parent, as amended by the Amendment to Amended and Restated Note Purchase Agreement, dated as of March 16, 2015 (as amended pursuant hereto, and as otherwise amended and restated,
supplemented or otherwise modified from time to time and including all schedules and exhibits thereto, the “Note Purchase Agreement”). 

B. Issuer, Parent, Agent and the Required Note Holders desire to enter into this Amendment to amend the Note Purchase Agreement as set forth herein. 

AGREEMENTS 
 In
consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Issuer, Agent and the Required Note Holders hereby agree as follows: 

SECTION 1. Defined Terms. Except as otherwise expressly provided herein, capitalized terms used herein (including in the recitals and
preamble hereto) and not otherwise defined herein shall have the meanings assigned to such terms in the Note Purchase Agreement. The rules of construction specified in subsection 1.3 of the Note Purchase Agreement also apply to this
Amendment mutatis mutandis. 
 SECTION 2. Pre-Issuance Accrued Interest. 

(a) Closing Date Occurs on or before June 30, 2015. If the Closing Date occurs on or before June 30, 2015,
interest shall accrue on the principal amount of each Initial Closing Date Note set forth on Schedule 2.1 of the Note Purchase Agreement (as such schedule is in effect on the Closing Date) at a base rate of eleven percent (11.0%) per
annum from, and including, the Amendment Effective Date to, but excluding, the Closing Date. 
 (b) Closing Date Occurs
after June 30, 2015, but on or before September 30, 2015. If the Closing Date occurs after June 30, 2015, but on or before September 30, 2015, interest shall accrue, without compounding, on the principal amount of each
Initial Closing Date Note set forth on Schedule 2.1 of the Note Purchase Agreement (as such 

 
schedule is in effect on the Closing Date) at a base rate of eleven percent (11.0%) per annum (i) from, and including, the Amendment Effective Date to, but excluding, the first to occur
of (x) the date on which Issuer provides notice to Agent pursuant to the first sentence of subsection 2.1D of the Note Purchase Agreement and (y) June 30, 2015 and (ii) from, and including, the 11th Business Day following
the date on which notice is given pursuant to the second sentence of subsection 2.1D of the Note Purchase Agreement to, but excluding, the Closing Date. 

SECTION 3. Amendments to NPA. The Note Purchase Agreement is hereby amended as of the date hereof as follows: 

(a) Subsection 1.1 of the Note Purchase Agreement is hereby amended as follows: 

(i) The definition of “Commercial Operation Date” is hereby amended by inserting the following words and punctuation
immediately after the semicolon at the end of clause (a)(ii) of such definition: “provided that the 58-month period referred to in this clause (ii) shall be reduced on a day-for-day basis for each day with respect to which Issuer
pays Pre-Issuance Accrued Interest on the Closing Date, with such day-for-day reduction to be calculated by deeming such NTP to have been issued one day earlier than the actual date of issuance for each day in respect of which Pre-Issuance Accrued
Interest accrues;”. 
 (ii) The definition of “Eligible Conversion Date for the Initial Closing Date Notes” is
hereby amended by inserting the following words and punctuation immediately before the period at the end of such definition: “; provided that the 58-month period referred to in this clause (ii) shall be reduced on a day-for-day
basis for each day with respect to which Issuer pays Pre-Issuance Accrued Interest on the Closing Date, with such day-for-day reduction to be calculated by deeming such NTP to have been issued one day earlier than the actual date of issuance for
each day in respect of which Pre-Issuance Accrued Interest accrues”. 
 (iii) The definition of “payment date”
is hereby amended and restated as follows: 
 “Payment Date” means (i) solely with respect to the
payment of Pre-Issuance Accrued Interest on the Initial Closing Date Notes, the Closing Date, (ii) any Quarterly Payment Date and (iii) the date on which all principal on the Notes then outstanding is to be repaid, including the Maturity
Date. 
 (iv) The following definitions of “Pre-Issuance Accrued Interest” and “Second Amendment” are
hereby inserted in appropriate alphabetical order: 
 “Pre-Issuance Accrued Interest” means interest on the
Initial Closing Date Notes that accrues thereon prior to the Closing Date pursuant to Section 2 of the Second Amendment. 

“Second Amendment” means Amendment 2 to Amended and Restated Note Purchase Agreement, dated as of May 8,
2015, with effect as of May 1, 2015, among Issuer, Parent, Agent and the Required Note Holders. 

  
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 “Third Quarter Pre-Issuance Accrued Interest” means Pre-Issuance
Accrued Interest that accrues on the Initial Closing Date Notes pursuant to clause (ii) of Section 2(b) of the Second Amendment. 

(b) Subsection 2.1A of the Note Purchase Agreement is hereby amended and restated as follows: 

A. Purchase and Sale of Initial Closing Date Notes. Subject to the terms and conditions set forth herein, Issuer agrees, upon
satisfaction or waiver of the conditions set forth in subsection 4.4A, to issue, sell and deliver to each Note Purchaser, and each Note Purchaser hereby agrees, severally and not jointly, to purchase from Issuer at the Closing upon
satisfaction or waiver of the conditions set forth in subsection 4.1, convertible senior secured promissory notes of Issuer dated as of the Closing Date in an aggregate principal amount equal to the sum of $1,000,000,000 plus the aggregate
amount of Pre-Issuance Accrued Interest added to such amount on the Closing Date (the “Initial Closing Date Notes” and, each, an “Initial Closing Date Note”), in a principal amount equal to the sum of (x) the
applicable principal amount set forth opposite such Note Purchaser’s name on Schedule 2.1 (as may be updated by Agent (with notice to Issuer) to reflect any assignments made in accordance with subsection 12.1 (including, for the
avoidance of doubt, the consent of the Issuer as and to the extent required pursuant to subsection 12.1A(v))) plus (y) the amount of Pre-Issuance Accrued Interest added to such amount on the Closing Date in accordance with subsection
3.2B(iii)(a), at the purchase price equal to 100% of the principal amount set forth opposite such Note Purchaser’s name on Schedule 2.1 (as may be updated by Agent (with notice to Issuer) to reflect any assignments made in accordance
with subsection 12.1 (including, for the avoidance of doubt, the consent of the Issuer as and to the extent required pursuant to subsection 12.1A(v))). 

(c) The first sentence of subsection 2.1B of the Note Purchase Agreement is hereby amended by adding the following words
and punctuation immediately before the end of such sentence: “; provided that if Issuer delivers a notice pursuant to the second sentence of subsection 2.1D, the Closing Date shall be no earlier than the 11th Business Day
following the date on which such notice is given”. 
 (d) Subsection 2.1 of the Note Purchase Agreement is hereby
amended by adding the following new subsection 2.1D: 
 D. Notices Relating to Closing. At any time prior to June 30,
2015, Issuer may provide a written notice to Agent stating that Issuer does not expect the Closing Date to occur on or before June 30, 2015. If Issuer delivers a notice pursuant to the preceding sentence, and/or if the Closing Date does not
occur on or before June 30, 2015, Issuer may, at any time thereafter, provide to the Note Purchasers a written notice signed by a Responsible Officer of Issuer on the letterhead of Issuer 

  
 3 

 
indicating the targeted Closing Date, which shall be 11 Business Days following the date on which such notice is given; provided, for the avoidance of doubt, that no notice setting forth a
targeted Closing Date that occurs on or after July 1, 2015 may be delivered on or before June 16, 2015. If Issuer delivers a notice setting forth a targeted Closing Date pursuant to the immediately preceding sentence and the Closing does
not occur on or prior to September 30, 2015, Issuer shall pay to Agent, in cash, an amount equal to the aggregate amount of Third Quarter Pre-Issuance Accrued Interest that would have been paid in kind on the Closing Date if the Closing Date
occurred on September 30, 2015. 
 (e) The first sentence of subsection 3.2B(i) of the Note Purchase Agreement is
hereby amended by inserting the following words and punctuation immediately before the period at the end of such sentence “; provided that Pre-Issuance Accrued Interest in respect of any Initial Closing Date Note (x) shall accrue
prior to the Closing Date in respect of the principal amount of such Initial Closing Date Note set forth on Schedule 2.1 (as such schedule is in effect on the Closing Date) in accordance with the terms of the Second Amendment and
(y) shall not compound quarterly”. 
 (f) Subsection 3.2B(iii)(a) of the Note Purchase Agreement is hereby
amended by inserting the following words and punctuation immediately before the period at the end of such section “; provided that Pre-Issuance Accrued Interest on any Initial Closing Date Note shall be paid in kind on the Closing Date
by increasing the principal amount of such Initial Closing Date Note by the amount of Pre-Issuance Accrued Interest accrued thereon, rounded down to the nearest whole Dollar”. 

(g) Subsection 11.1C(i) of the Note Purchase Agreement is hereby amended by deleting the reference to “June 30,
2015” and substituting therefor “September 30, 2015”. 
 (h) Exhibit A-1 to the Note Purchase Agreement
is hereby amended as follows: 
 (i) The reference to “[$1,000,000,000]” on the reverse of the form of Initial Note
is hereby amended by replacing such reference with the following words and punctuation: “[insert sum of $1,000,000,000 plus the aggregate amount of Pre-Issuance Accrued Interest paid in kind on the Closing Date]”. 

(ii) The second sentence of the first paragraph of Section 1 on the reverse of the form of Initial Note is hereby amended
by inserting the following words and punctuation immediately before the period at the end of such sentence” “[; provided that Pre-Issuance Accrued Interest shall accrue prior to the Closing Date in accordance with the
terms of the Second Amendment]”. For the avoidance of doubt, such bracketed words and punctuation shall be included (without brackets) only in the Initial Closing Date Notes. 

(iii) The third sentence of the first paragraph of Section 1 on the reverse of the form of Initial Note is hereby amended
by adding the following words and 

  
 4 

 
punctuation immediately after the word “Interest” and before the word “will”: “[(other than Pre-Issuance Accrued Interest, which shall be paid on the Closing
Date)]”. For the avoidance of doubt, such bracketed words and punctuation shall be included (without brackets) only in the Initial Closing Date Notes. 

(iv) The first sentence of the second paragraph of Section 1 on the reverse of the form of Initial Note is hereby amended
by inserting the following words and punctuation immediately before the period at the end of such sentence: “[; provided that Pre-Issuance Accrued Interest in respect of this Note shall be paid on the Closing Date to the Note Purchaser
acquiring this Note on such date.]”. For the avoidance of doubt, such bracketed words and punctuation shall be included (without brackets) only in the Initial Closing Date Notes. 

SECTION 4. Effect on Note Purchase Agreement. 

(a) Notwithstanding anything to the contrary contained herein, in the event the Closing Date occurs on or before May 8, 2015, this
Amendment shall be automatically deemed to have terminated and shall have no further force and effect. For the avoidance of doubt, in the event this Amendment is terminated in accordance with this Section 4(a), no interest payments shall accrue
or be owed by Issuer pursuant to Section 2 above, and all amendments to the Note Purchase Agreement pursuant to Section 3 shall be deemed never to have been made. 

(b) Except as specifically amended hereby, all of the terms and conditions of the Note Purchase Agreement are unaffected and shall continue
to be in full force and effect and shall be binding on the parties hereto in accordance with their respective terms, except as expressly superseded by this Amendment. All references to the “Note Purchase Agreement” or the “Amended and
Restated Note Purchase Agreement” in this Amendment and the other Note Documents shall be deemed to be references to the Note Purchase Agreement as amended by this Amendment. This Amendment does not, except as explicitly set forth herein,
constitute a waiver of compliance with, or modification or amendment of, any other term or condition under the Note Purchase Agreement. 

(c) This Amendment is an “Additional Note Document” and shall constitute an amendment of the Note Purchase Agreement made under and
in accordance with the terms of subsection 12.6 of the Note Purchase Agreement. 
 SECTION 5. Governing Law. Subsection 12.21 of the
Note Purchase Agreement is hereby incorporated by reference into this Amendment and shall apply hereto, mutatis mutandis, as if fully set forth herein. 

SECTION 6. Counterparts. This Amendment may be executed in one or more counterparts, each of which shall be deemed an original, but all
of which together shall constitute one and the same instrument. Delivery by telecopier or other electronic means (including “.pdf” or “.tif” format) of an executed counterpart of a signature page to this Amendment shall be
effective as delivery of an original executed counterpart of this Amendment. 
 [signature pages follow] 

  
 5 

 IN WITNESS WHEREOF, each of the undersigned have caused this Amendment to be executed by their respective
duly Responsible Officers as of the date first written above. 
  

			
	ISSUER:
	
	CHENIERE CCH HOLDCO II, LLC
		
	 By:
		 /s/ Michael J. Wortley

			 Name: Michael J. Wortley

			 Title:   Chief Financial Officer

			
	PARENT:
	
	CHENIERE ENERGY, INC.
		
	 By:
		 /s/ Michael J. Wortley

			 Name: Michael J. Wortley

			 Title:   Senior Vice President and Chief         Financial Officer

 
			
	AGENT:
	
	 EIG MANAGEMENT COMPANY, LLC

as Agent for the Note Holders

		
	 By:
		 /s/ Wallace Henderson

			 Name: Wallace Henderson

			 Title:   Managing Director

		
	By:		 /s/ Brian Boland

			Name: Brian Boland
			Title:   Vice President

 
			
	REQUIRED NOTE HOLDERS
	
	EIG ENERGY FUND XV, LP
	By: EIG Management Company, LLC, its sub-advisor
		
	By:		 /s/ Wallace Henderson

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	By:		 /s/ Brian Boland

 
			
	Name:		Brian Boland
	Title:		Vice President

 
			
	
	EIG ENERGY FUND XV-A, LP
	By: EIG Management Company, LLC, its sub-advisor
		
	By:		 /s/ Wallace Henderson

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	By:		 /s/ Brian Boland

 
			
	Name:		Brian Boland
	Title:		Vice President

 
			
	
	EIG ENERGY FUND XV-B, LP
	By: EIG Management Company, LLC, its sub-advisor
		
	By:		 /s/ Wallace Henderson

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	By:		 /s/ Brian Boland

 
			
	Name:		Brian Boland
	Title:		Vice President

 
			
	EIG ENERGY FUND XV (CAYMAN), LP
	By: EIG Management Company, LLC, its sub-advisor
		
	By:		 /s/ Wallace Henderson

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	 By:
		 /s/ Brian Boland

			
	Name:		Brian Boland
	Title:		Vice President

 
			
	
	EIG ENERGY FUND XVI, LP
	By: EIG Management Company, LLC, its manager
		
	By:		 /s/ Wallace Henderson

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	By:		 /s/ Brian Boland

 
			
	Name:		Brian Boland
	Title:		Vice President

 
			
	
	EIG ENERGY FUND XVI-B, LP
	By: EIG Management Company, LLC, its manager
		
	By:		 /s/ Wallace Henderson

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	By:		 /s/ Brian Boland

 
			
	Name:		Brian Boland
	Title:		Vice President

			
	EIG ENERGY FUND XVI-E, LP
	By: EIG Management Company, LLC, its manager
		
	By:		 /s/ Wallace Henderson

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	By:		 /s/ Brian Boland 

 

			
	Name:		Brian Boland
	Title:		Vice President

 
			
	
	EIG ENERGY FUND XVI (CAYMAN), LP
	By: EIG Management Company, LLC, its manager
		
	By:		 /s/ Wallace Henderson

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	By:		 /s/ Brian Boland

 
			
	Name:		Brian Boland
	Title:		Vice President
	
	EIG ENERGY FUND XVI (SCOTLAND), LP
	By: EIG Management Company, LLC, its manager

 
			
		
	By:		 /s/ Wallace Henderson

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	By:		 /s/ Brian Boland

 
			
	Name:		Brian Boland
	Title:		Vice President

			
	EIG-KEATS ENERGY PARTNERS, L.P.
	
	By: EIG-Keats Energy Partners GP, LLC, the General Partner
	
	By: EIG Asset Management, LLC, its managing member
		
	By:		 /s/ Wallace Henderson 

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	By:		 /s/ Brian Boland

 
			
	Name:		Brian Boland
	Title:		Vice President

			
	EIG-GATEWAY DIRECT INVESTMENTS (CORPUS CHRISTI), L.P.
	By: EIG Management Company, LLC, its manager
		
	By:		 /s/ Wallace Henderson 

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	By:		 /s/ Brian Boland

 
			
	Name:		Brian Boland
	Title:		Vice President
	
	EIG CORPUS CHRISTI CO-INVESTMENT, L.P.
	By: EIG Management Company, LLC, its manager

 
			
		
	By:		 /s/ Wallace Henderson 

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	By:		 /s/ Brian Boland

 
			
	Name:		Brian Boland
	Title:		Vice President

			
	EIG CORPUS CHRISTI CO-INVESTMENT-B, L.P.
	By: EIG Management Company, LLC, its manager
		
	By:		 /s/ Wallace Henderson

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	By:		 /s/ Brian Boland

 
			
	Name:		Brian Boland
	Title:		Vice President
	
	EIG CORPUS CHRISTI CO-INVESTMENT-C, L.P.
	By: EIG Management Company, LLC, its manager

 
			
		
	By:		 /s/ Wallace Henderson

			
	Name:		Wallace Henderson
	Title:		Managing Director

 
			
		
	By:		 /s/ Brian Boland

 
			
	Name:		Brian Boland
	Title:		Vice PresidentEX-4.4

 Exhibit 4.4 

Form of Initial Note 
 FORM
OF FACE OF INITIAL NOTE 
 THE NOTES REPRESENTED HEREBY, AND ANY SHARES OF PARENT COMMON STOCK ISSUABLE UPON CONVERSION THEREOF, HAVE NOT
BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED, SOLD, PLEDGED, HEDGED OR OTHERWISE TRANSFERRED, EXCEPT IN ACCORDANCE WITH THE AGREEMENT DEFINED ON THE REVERSE HEREOF
AND (1) (X) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND A CURRENT PROSPECTUS, (Y) IN ACCORDANCE WITH RULE 144 UNDER THE SECURITIES ACT, OR (Z) PURSUANT TO ANOTHER APPLICABLE EXEMPTION FROM
REGISTRATION UNDER THE SECURITIES ACT AND (2) WITH THE ISSUER’S PRIOR WRITTEN CONSENT AS AND TO THE EXTENT PROVIDED IN SUBSECTION 12.1.A OF THE AGREEMENT. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY OF ANY EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. ANY TRANSFEREE, BY ITS ACCEPTANCE OF THIS NOTE, AGREES TO BE BOUND BY AND ADHERE TO THE OBLIGATIONS OF THE NOTE HOLDERS UNDER THE AGREEMENT, INCLUDING SUBSECTION 12.22 THEREOF. 

11.0% Senior Secured Notes due 2025 
  

					
	 No. [                    ]
		$	[        	] 

 Cheniere CCH HoldCo II, LLC, a limited liability company duly formed and validly existing under the laws of
the state of Delaware in the United States of America (herein called the “Issuer”), which term includes any successor to Issuer under the Agreement referred to on the reverse hereof), for value received hereby promises to pay to
[        ], or its registered assigns, the principal sum of [        ] DOLLARS ($[        ]) (which amount may from time to time
be increased or decreased by adjustments made on the Note Register in accordance with the Agreement referred to on the reverse hereof) on May 13, 2025 or such earlier date as the obligations under the Agreement become due and payable in accordance
with the terms thereof. The Issuer will pay principal of any Note and interest and premium, if any, thereon, as provided on the reverse hereof and as more fully specified in the Agreement referred to on the reverse hereof, on each Payment Date or
other payment date, as the case may be. 
 Reference is made to the further provisions of this Note set forth on the reverse hereof,
including provisions giving the Note Holder the right to exchange this Note for shares of Parent Common Stock and to the requirement that the Issuer offer to repurchase this Note upon certain events, in each case, on the terms and subject to the
limitations referred to on the reverse hereof and as more fully specified in the Agreement referred to on the reverse hereof. Such further provisions set forth in the Agreement shall for all purposes have the same effect as though fully set forth
herein. Capitalized terms used but not defined herein shall have such meanings as are ascribed to such terms in such Agreement, and the rules of interpretation set forth in subsection 1.3 of the Agreement shall apply to this Note. In the case of any
conflict between this Note and such Agreement, the provisions of such Agreement shall control. 

 IN WITNESS WHEREOF, the Issuer has caused this instrument to be duly executed. 

 

			
	CHENIERE CCH HOLDCO II, LLC
		
	By:		  

	Name:		
	Title:		
		
	Date:		

 FORM OF REVERSE OF INITIAL NOTE 

CHENIERE CCH HOLDCO II, LLC 

11.0% Senior Secured Notes due 2025 

This Note is one of a duly authorized issue of Notes of the Issuer, designated as its 11.0% Senior Secured Notes due 2025 (the
“Notes”) and as an “Initial Closing Date Note” under the Agreement defined below, initially limited in aggregate principal amount to $1,003,666,659, all issued or to be issued under and pursuant to an Amended and Restated
Note Purchase Agreement dated as of March 1, 2015 (the “Agreement”) among the Issuer, Cheniere Energy, Inc., as parent (and solely for the purposes of acknowledging and agreeing to Section 9), the Note Purchasers party
thereto from time to time (each a “Note Holder” and collectively, “Note Holders”), The Bank of New York Mellon, as collateral agent for the Note Holders, and EIG Management Company, LLC, as administrative agent for
the Note Holders (“Agent”), to which Agreement and all agreements supplemental thereto reference is hereby made for a description of the rights, limitations of rights, obligations, duties and immunities thereunder of the parties
thereto. 
 Except as provided for in the Agreement, principal and premium on this Note shall be payable only against surrender therefor,
while payments of interest on this Note in cash shall be made, in accordance with the Agreement and subject to applicable laws and regulations, by wire transfer to such account as any Note Holder shall designate in accordance with subsection 3.6B of
the Agreement. 
 1. Interest. The Notes will bear interest at a rate of 11.0% per year. Interest on the Notes will accrue from,
and including May 13, 2015, or from the most recent date to which interest has been paid or duly provided for; provided that Pre-Issuance Accrued Interest shall accrue prior to the Closing Date in accordance with the terms of the Second
Amendment. Interest (other than Pre-Issuance Accrued Interest, which shall be paid on the Closing Date) will be payable quarterly in arrears on each Payment Date, beginning on July 15, 2015. Interest will be paid in cash or in kind in accordance
with subsection 3.2B(iii) of the Agreement. 
 Interest will be paid to the person in whose name a Note is registered at 5:00 p.m. on the
day (whether or not such date is a Business Day), as the case may be, immediately preceding the relevant Payment Date; provided that Pre-Issuance Accrued Interest in respect of this Note shall be paid on the Closing Date to the Note Purchaser
acquiring this Note on such date. Interest on the Notes will be computed on the basis of a 360-day year composed of twelve 30-day months and, for partial months, on the basis of the number of days actually elapsed in such month. 

Upon the occurrence and during the continuance of an Event of Default under the Agreement, the unpaid principal amount of the Notes (including
all amounts added to principal pursuant to subsection 3.2B(iii) of the Agreement and, to the extent permitted by applicable Requirements of Law, any accrued and unpaid interest thereon and any other Note Obligations then due and payable (including
any Yield Maintenance Amounts and, to the extent permitted by applicable Requirements of Law, any accrued but unpaid interest thereon), shall bear interest at a rate of 14.0% per year and shall be payable on demand. 

 Interest will cease to accrue on a Note upon its maturity, conversion or redemption, as the case
may be. 
 2. Ranking. The Notes are secured by the Collateral described in the Agreement. 

3. Repayment at the Option of the Issuer. No sinking fund is provided for the Notes. The Notes are redeemable from time to time, in
whole or in part, at any time, at the option of the Issuer subject to a minimum amount of $25,000,000 (or, if less, the outstanding principal amount) and payment of the Yield Maintenance Amount as described in subsection 3.3C of the Agreement. 

4. Repayment at Option of Note Holders. Upon the occurrence of certain events described in subsections 3.3B(i) - (v) of the
Agreement, the Note Holders shall have the right to require the Issuer to repurchase all or a portion of their Notes subject to and in accordance with the terms of subsection 3.3B of the Agreement. Subsection 3.3B of the Agreement provides, among
other things, that, subject to certain conditions and limitations, upon a Change of Control, the Issuer shall be required to make an offer to purchase all of the Notes at 101% of the aggregate principal amount of the Notes outstanding as of the date
of such Change of Control, together with all accrued and unpaid interest thereon, as provided in subsection 3.3B(ii) of the Agreement. 

5. Conversion. 

a. Note Holder Initiated Conversion. Subject to and in compliance with the provisions of the Agreement (including the
conditions of conversion of this Note set forth in subsections 9.5 and 9.6 thereof), the Note Holders have the right, at their option, at any time on or after the six-month anniversary of the Eligible Conversion Date for the Initial Closing Date
Notes (in the case of a conversion of Initial Closing Date Notes), the Eligible Conversion Date for the Initial Second Phase Notes (in the case of a conversion of Initial Second Phase Notes) or the Eligible Conversion Date for the Additional Notes
(in the case of a conversion of Additional Notes) and prior to 5:00 pm (Houston time) on the Business Day immediately preceding the ninth anniversary of the Closing Date, to exchange Notes in a minimum aggregate principal amount of $250,000,000 or
an integral multiple of $1,000 in excess thereof (or to the extent the aggregate principal amount of Notes outstanding with respect to which the Eligible Conversion Date has occurred is less than $250,000,000 or is not an integral multiple of
$1,000, the aggregate principal amount of Notes outstanding with respect to which the Eligible Conversion Date has occurred) for shares of Parent Common Stock as provided in, and subject to the provisions of, Section 9 of the Agreement. 

b. Issuer Initiated Conversion. Subject to and in compliance with the provisions of the Agreement (including the
conditions of conversion of this Note set forth 

 
in subsections 9.1 and 9.2 thereof), the Issuer hereof has the right, at its option, at any time on or after the Eligible Conversion Date for the Initial Closing Date Notes (in the case of a
conversion of Initial Closing Date Notes), the Eligible Conversion Date for the Initial Second Phase Notes (in the case of a conversion of Initial Second Phase Notes) or the Eligible Conversion Date for the Additional Notes (in the case of a
conversion of Additional Notes) and prior to the 5:00 pm on the Business Day immediately preceding the ninth anniversary of the Closing Date to exchange Notes in a minimum aggregate principal amount of $250,000,000 or an integral multiple of $1,000
in excess thereof (or to the extent the aggregate principal amount of Notes outstanding with respect to which the Eligible Conversion Date has occurred is less than $250,000,000 or is not an integral multiple of $1,000, the aggregate principal
amount of Notes outstanding with respect to which the Eligible Conversion Date has occurred) for shares of Parent Common Stock as provided in, and subject to the provisions of, Section 9 of the Agreement. 

Upon any such conversion, the Issuer will deliver shares of Parent Common Stock as set forth in the Agreement. No fractional shares will be
issued upon any conversion. 
 In the event of a deposit or withdrawal of an interest in this Note, including an exchange, transfer,
redemption or conversion of this Note in part only, the Note Register shall be adjusted to reflect such deposit or withdrawal in accordance with the Agreement. Upon surrender of this Note for partial conversion, Issuer shall also execute and deliver
a new Note equal in principal amount to the unconverted portion of this Note, in each case in accordance with Section 9 of the Agreement. 

6. Acceleration of Maturity. Upon the occurrence of any Event of Default described in subsection 10.1E of the Agreement with respect to
Parent or Issuer, the unpaid principal amount of the Notes (including all amounts added to principal pursuant to subsection 3.2B(iii) of the Agreement) and all accrued and unpaid interest on the Notes (including all interest thereon accrued at the
Default Rate), the Yield Maintenance Amount and all accrued Fees and other Note Obligations shall immediately become due and payable in the manner and with the effect provided in the Agreement. Upon the occurrence and during the continuation of any
other Event of Default (other than any Fundamental Event of Default, the remedies in respect of which are set forth in subsection 10.2C of the Agreement), Agent at the direction of the Required Note Holders will, by written notice to Issuer, declare
all or any portion of the unpaid principal amount of the Notes (including all amounts added to principal pursuant to subsection 3.2B(iii) of the Agreement) and all accrued and unpaid interest on the Notes (including all interest thereon accrued at
the Default Rate), the Yield Maintenance Amount and all accrued Fees and other Note Obligations to be, and the same shall immediately become, due and payable in the manner and with the effect provided in the Agreement. 

 7. Amendments; Waiver of Past Defaults. The Agreement permits the amendment thereof and
the modification of the rights and obligations of the Issuer and the rights of the Note Holders under the Agreement at any time by the Issuer and the Required Note Holders, subject to certain restrictions on various amendments, which require the
consent of all Note Holders as described in subsection 12.6 of the Agreement. Subject to the provisions of the Agreement, the Required Note Holders may waive compliance by the Issuer with certain provisions of the Agreement and certain past Defaults
under the Agreement and their consequences. Any such consent or waiver by the Required Note Holders of any provision of or applicable to this Note in accordance with the terms and conditions of the Agreement shall be conclusive and binding upon all
Note Holders and upon all future Note Holders of this Note and of any Note issued upon the registration of transfer hereof or in exchange hereof or in lieu hereof, whether or not notation of such consent or waiver is made upon this Note. 

8. Registration of Transfer and Exchange. As provided in the Agreement and subject to the limitations therein set forth, including, so
long as no Default or Event of Default has occurred and is continuing and, unless such transfer is to an existing Note Holder or to any fund, account or company managed by EIG MC or any of its controlled Affiliates, the Issuer’s prior written
consent, the transfer of this Note is registrable in the Note Register upon surrender of this Note for registration of transfer at the principal office of the Issuer in the United States, duly endorsed by, or accompanied by a written instrument of
transfer in form satisfactory to the Issuer duly executed by, the Note Holders hereof or his attorney duly authorized in writing, and thereupon one or more new Notes, of authorized denominations and for the same aggregate Principal Amount, will be
issued to the designated transferee or transferees. 
 This Note may not be transferred in a denomination of less than $1,000,000, unless a
denomination of less than $1,000,000 is necessary to enable the registration of the transfer of the entire principal amount of this Note. 

Any transferee of this Note, by its acceptance of a Note registered in its name, agrees to be bound by, and adhere to, the obligations of the
Note Holders under the Agreement, including subsection 12.22 thereof. 
 The parties to each assignment shall pay a processing and
recordation fee in accordance with subsection 12.1A of the Agreement, and the Issuer may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith. 

Prior to due presentment of this Note for registration of transfer, the Issuer and any agent of the Issuer may treat the Person in whose name
this Note is registered as the owner hereof for all purposes, whether or not this Note be overdue, and neither the Issuer nor any such agent shall be affected by notice to the contrary. 

9. Denominations. Notes are exchangeable for a like aggregate principal amount of Notes of a different authorized denomination, as
requested by the Note Holder surrendering the same. 
 In addition to the rights provided to Note Holders under the Agreement, Note Holders
shall have all the rights set forth in the Registration Rights Agreement dated as of May 13, 2015, among the Issuer, Parent and Agent. 
 This Note and any
claim, controversy or dispute arising under or related to this Note shall be governed by and construed in accordance with the laws of the State of New York.

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