Document:

exv10w17

 

EXHIBIT
10.17

AMENDMENT AMONG ATLAS PIPELINE PARTNERS, L.P. AND

ATLAS PIPELINE OPERATING PARTNERSHIP, L.P., ATLAS AMERICA, INC.,

RESOURCE ENERGY, INC., VIKING RESOURCES CORPORATION, ATLAS NOBLE CORP., AND

ATLAS RESOURCES, INC. TO THE MASTER NATURAL GAS GATHERING AGREEMENT

DATED FEBRUARY 2, 2000 AND THE NATURAL GAS GATHERING

AGREEMENT DATED JANUARY 1, 2002

 

 

THIS AMENDMENT (this “AMENDMENT”) is made as of October 25, 2005, among Atlas Pipeline Partners,
L.P., a Delaware limited partnership, and Atlas Pipeline Operating Partnership, L.P., a Delaware
limited partnership (collectively, “GATHERER”), Atlas America, Inc., a Delaware corporation (“ATLAS
AMERICA”), Resource Energy, Inc., a Delaware corporation (“RESOURCE ENERGY”), Viking Resources
Corporation, a Pennsylvania corporation (“VIKING RESOURCES”), Atlas Noble Corp., a Delaware
corporation (“ATLAS NOBLE”) and Atlas Resources, Inc., a Pennsylvania corporation (“ATLAS
RESOURCES” and collectively with Atlas America, Resource Energy, Viking Resources and Atlas Noble,
“SHIPPER”).

RECITALS

A. Gatherer and Atlas America, Resource Energy and Viking Resources are parties to the Master
Natural Gas Gathering Agreement dated February 2, 2000 (the “FEBRUARY 2000 AGREEMENT”) and desire
to amend the same in accordance with the terms hereof.

B. Gatherer and Atlas Resources, Atlas Noble, Resource Energy and Viking Resources are parties to
the Natural Gas Gathering Agreement dated January 1, 2002 (the “JANUARY 2002 AGREEMENT”) and desire
to amend the same in accordance with the terms hereof.

C. Shipper intends to enter into financial hedging arrangements with respect to some or all of the
Shipper’s Gas (as defined in the February 2000 Agreement and the January 2002 Agreement) and
Gatherer desires to have the right to participate in such arrangements.

NOW, THEREFORE, in consideration of the premises, and the mutual covenants and agreements herein
set forth, and intending to be legally bound, the parties agree as follows:

1. The definition of “Gross Sale Price” set forth in the February 2000 Agreement and the January
2002 Agreement is hereby amended and restated in its entirety as follows:

“GROSS SALE PRICE” means the price, per mcf, actually received by Shipper for Shipper’s Gas
including, or as adjusted to take into account, proceeds received or payments made pursuant to
financial hedging arrangements entered into by Shipper with Gatherer’s consent.

2. Except as otherwise expressly provided herein, the February 2000 Agreement and the January 2002
Agreement are not amended, modified or affected by this Amendment.

3. This Amendment may be executed in any number of counterparts and by different parties hereto in
separate counterparts, each of which when so executed and

 

 

delivered shall be deemed to be an original and all of which taken together shall constitute but
one and the same instrument. Delivery of an executed counterpart of this Amendment by facsimile
shall be equally as effective as delivery of a manually executed counterpart of this Amendment.

4. This Amendment shall be governed by and construed in accordance with the laws of the
Commonwealth of Pennsylvania.

2

 

IN WITNESS WHEREOF, the parties have executed this Amendment to be effective as of the date first
written above.

SHIPPER:

ATLAS AMERICA, INC.

	 	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ MICHAEL L. STAINES
 

Michael L. Staines
	 	 
	 

	 	Its:
	 	Executive Vice President	 	 

RESOURCE ENERGY, INC.

	 	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ MICHAEL L. STAINES
 

Michael L. Staines
	 	 
	 

	 	Its:
	 	President and Secretary	 	 

VIKING RESOURCES CORPORATION

	 	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ MICHAEL L. STAINES
 

Michael L. Staines
	 	 
	 

	 	Its:
	 	President and Secretary	 	 

ATLAS NOBLE CORP.

	 	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ MICHAEL L. STAINES
 

Michael L. Staines
	 	 
	 

	 	Its:
	 	President and Secretary	 	 

ATLAS RESOURCES, INC.

	 	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ MICHAEL L. STAINES
 

Michael L. Staines
	 	 
	 

	 	Its:
	 	Senior Vice President and Secretary	 	 

3

 

GATHERER:

ATLAS PIPELINE OPERATING PARTNERSHIP,

L.P.

By: Atlas Pipeline Partners GP, LLC, its

general partner

	 	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ MICHAEL L. STAINES
 

Michael L. Staines
	 	 
	 

	 	Its:
	 	President and Chief Operating
Officer	 	 

ATLAS PIPELINE PARTNERS, L.P.

By: Atlas Pipeline Partners GP, LLC, its

general partner

	 	 	 	 	 	 	 
	 

	 	By:

Name:
	 	/s/ MICHAEL L. STAINES
 

Michael L. Staines
	 	 
	 

	 	Its:
	 	President and Chief Operating
Officer	 	 

4exv10w18

 

Exhibit 10.18

CONTRIBUTION, CONVEYANCE AND ASSUMPTION AGREEMENT

DATED DECEMBER 18, 2006 AMONG ATLAS AMERICA, INC., ATLAS ENERGY

RESOURCES, LLC, AND ATLAS ENERGY OPERATING COMPANY, LLC

 

 

CONTRIBUTION, CONVEYANCE AND ASSUMPTION AGREEMENT

This Contribution and Assumption Agreement, dated as of December 18, 2006 (this
“Contribution Agreement”), is by and among Atlas America, Inc., a Delaware corporation
(“Atlas America”), Atlas Energy Resources, LLC, a Delaware limited liability company
(“Atlas Energy”), and Atlas Energy Operating Company, LLC, a Delaware limited liability
company (“Energy Operating”). The above-named entities are sometimes referred to in this
Contribution Agreement each as a “Party” and collectively as the “Parties.”

WITNESSETH:

WHEREAS, Atlas America currently wholly owns the subsidiaries listed on Schedule
1 hereto (collectively, the “Subsidiaries”) and the assets described on Schedule
2 hereto (collectively, the “Assets”) representing Atlas America’s natural gas and oil
exploration, development, operation, maintenance and production business (the “Business”);

WHEREAS, Atlas America has formed Atlas Energy pursuant to the Delaware LLC Act for the
purpose of acquiring, owning and operating the Business;

WHEREAS, in order to accomplish the objectives and purposes in the preceding recital,
the following actions have been taken prior to the date hereof (the “Pre-Closing Actions”):

	 	1.	 	Atlas Resources, Inc., a Pennsylvania corporation, merged with and
into Atlas Resources, LLC, a Pennsylvania limited liability
company;
	 
	 	2.	 	Atlas Energy Corporation, an Ohio corporation, merged with and
into Atlas Energy Ohio, LLC, an Ohio limited liability company;
	 
	 	3.	 	Viking Resources Corporation, a Pennsylvania corporation, merged
with and into Viking Resources, LLC, a Pennsylvania limited
liability company;
	 
	 	4.	 	REI-NY, Inc., a Delaware corporation, was converted into REI-NY,
LLC, a Delaware limited liability company;
	 
	 	5.	 	Resource Well Services, Inc., a Delaware corporation, was
converted into Resource Well Services, LLC, a Delaware limited
liability company;
	 
	 	6.	 	AIC, Inc., a Delaware corporation, was converted into AIC, LLC, a
Delaware limited liability company;
	 
	 	7.	 	Resource Energy, Inc., a Delaware corporation, was converted into
and Resource Energy, LLC, a Delaware limited liability company;

1

 

	 	8.	 	Atlas Noble Corp., a Delaware corporation, was
converted into Atlas Noble, LLC, a Delaware limited
liability company;
	 
	 	9.	 	Atlas America, Inc., a Pennsylvania corporation, merged with and
into Atlas America, LLC, a Pennsylvania limited liability company;
and
	 
	 	10.	 	Energy Operating formed AER Pipeline Construction, Inc., a Delaware corporation;

WHEREAS, Atlas America and certain of the Subsidiaries are parties to the Gathering
Agreement (as defined in Article I) and Atlas America has agreed to assume certain obligations of
those Subsidiaries thereunder;

WHEREAS, concurrently with the consummation of the transactions contemplated hereby, each of
the following shall occur:

	 	1.	 	Atlas America will contribute the Assets and its 100% interest in
each of the Subsidiaries (the “Equity Interests”) to Energy
Operating in exchange for (a) 30,361,746 common units (“Common
Units”), (b) 748,456 Class A units (the “Class A Units”), (c) the
management incentive interests (the “Management Incentive
Interests”), and (d) the right to receive $121,730,000, in part as
a reimbursement of certain capital expenditures incurred with
respect to the Assets and Subsidiaries;
	 
	 	2.	 	Atlas America will transfer to Atlas Energy Management, Inc., a
Delaware corporation (“Atlas Management”), all of the Class A
Units and the Management Incentive Interests;
	 
	 	3.	 	In connection with the Offering, the public, through the
Underwriters, will contribute $132,825,000 in cash to Atlas Energy
less the Underwriters’ discounts and commissions of $8,298,400
(the “Spread”) and a structuring fee of $996,187 in exchange for
6,325,000 Common Units;
	 
	 	4.	 	Atlas Energy will pay transaction expenses pursuant to the
transactions contemplated by this Contribution Agreement in the
amount of approximately $1.8 million (exclusive of the Spread and
the structuring fee), and distribute $121,730,000 to Atlas
America; and
	 
	 	5.	 	In connection with the Underwriters exercise of their
over-allotment option, the public, through the Underwriters, will
contribute an additional $19,923,750 in cash to Atlas Energy less
the Spread of $1,244,760 and a structuring fee of $149,428 in
exchange for 948,750 Common Units and the Company will use the net
proceeds to redeem Common Units from Atlas America;

2

 

NOW, THEREFORE, in consideration of the mutual covenants, representations, warranties and
agreements herein contained, the parties hereto agree as follows:

ARTICLE I

DEFINITIONS

Section 1.1 Capitalized terms used herein and not otherwise defined shall have the
meanings ascribed to them below:

“APL” means Atlas Pipeline Partners, L.P., a Delaware limited partnership.

“Atlas America Entities” means Atlas America and any Person controlled, directly
or indirectly, by Atlas America, other than Atlas Energy, Energy Operating and any subsidiary of
any such Person.

“Atlas Energy Group” means Atlas Energy, Energy Operating and any subsidiary of
any such Person, treated as a single consolidated entity, and each Investment Program.

“Atlas Energy Assets” means the Transferred Assets and any assets and properties
owned or leased by any member of the Atlas Energy Group.

“Authority” means (i) the United States of America, (ii) any state, province,
county, municipality or other governmental subdivision within the United States of America, (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 and (iv) the National
Association of Securities Dealers.

“Business Day” means any day other than a Saturday, a Sunday or any other day
when banks are not open for business generally in the State of Delaware.

“Closing” means the closing of the transactions contemplated pursuant to this
Contribution Agreement.

“Closing Date” means the date of Closing.

“Delaware LLC Act” means the Limited Liability Company Act of the State of
Delaware, as amended and any successor to such act.

“Gathering Agreement” means the Master Natural Gas Gathering Agreement dated as
of February 2, 2000 among Atlas America, Resource Energy, LLC (formerly Resource Energy, Inc.),
Viking Resources, LLC (formerly Viking Resources Corporation) and APL, as amended from time to
time.

“Investment Program” means a Person principally engaged in the drilling of
natural gas and oil wells for which Atlas America or any of the Subsidiaries or any of their
subsidiaries acts as a general partner, managing partner or manager and the securities of which
have been offered and sold to investors.

“Offering” means the initial public offering of the Common Units contemplated by
the Registration Statement.

3

 

“Operating Agreement” means the Amended and Restated Operating Agreement of Atlas
Energy dated of even date herewith by and among Atlas America, Inc. and the members party thereto,
as amended from time to time.

“Person” means an individual, corporation, partnership (limited or general),
limited liability company, trust, joint stock company, unincorporated association or other legal
entity.

“Registration Statement” means the registration statement on Form S-1 filed with
the U.S. Securities and Exchange Commission by Atlas Energy (File No. 333-136094).

“Toxic Tort” means a claim or cause of action arising from personal injury or
property damage incurred by the plaintiff that is alleged to have been caused by exposure to, or
contamination by, Hazardous Substances that have been released into the environment by or as a
result of the actions or omissions of the defendant.

“Underwriters” means those of the underwriting syndicate as referenced in the
Underwriting Agreement between UBS Securities LLC, as representative of the Underwriters, and Atlas
Energy, dated as of December 12, 2006.

ARTICLE II

CONTRIBUTION AND DISTRIBUTION TRANSACTIONS

Section 2.1 Contribution by Atlas America to Energy Operating.

(a) Contribution. Atlas America hereby grants, contributes, conveys,
bargains, assigns, transfers, sets over and delivers to Energy Operating, its successors and
assigns, for its and their own use forever, all right, title and interest of Atlas America in
and to all of the Assets and all of the Equity Interests (together with the Assets, the
“Transferred Assets”), subject to encumbrances that do not materially adversely
affect the value of the Transferred Assets or the ability of the Atlas Energy Group to own
and operate the Transferred Assets in substantially the same manner as they were operated
immediately prior to the Closing Date, in exchange for (i) 30,301,746 Common Units, (ii)
748,456 Class A Units, (iii) the Management Incentive Interests and (iv) the right to receive
$121,730,000, in part as a reimbursement of certain capital expenditures made with respect to
the Transferred Assets.

TO HAVE AND TO HOLD all of such right, title and interest in the Transferred Assets
unto Energy Operating, its successors and assigned, together with all and singular rights and
appurtenances thereto in anywise belonging, subject, however, to the terms and conditions
stated in this Contribution Agreement, and in such instruments of conveyance forever.

(b) Assumed Liabilities. Subject to Section 2.1(c), Energy Operating hereby
irrevocably and absolutely assumes, agrees to perform, and when due, pay and discharge, only
the obligations and liabilities relating to the Transferred Assets which accrue on or after
the Closing Date and only to the extent such obligations and liabilities are not overdue or
delinquent on the Closing Date without regard to any grace period and without the occurrence
of any increase in amounts due (the “Assumed Liabilities”);provided,
however, that said assumption and agreement to assume the Assumed Liabilities shall
not (i) increase the obligation of Energy Operating with respect to the Assumed Liabilities
beyond that of Atlas America, (ii) waive any valid defense that was available to Atlas
America with respect to the Assumed Liabilities or (iii) enlarge any rights or remedies of
any third party under any of the Assumed Liabilities.

4

 

(c) Prorations. All obligations and liabilities assumed by Energy Operating
under this Contribution Agreement that relate to both periods of time prior to the Closing
Date and periods of time from and after the Closing Date shall be prorated as of the close of
business on the Closing Date, whether or not such adjustment would normally be made as of
such time. It is the intention of the Parties that Energy Operating should operate the
Business and the Transferred Assets for its own account from and after the Closing Date.

Section 2.2 Contribution by Atlas America to Atlas Management. Atlas America
hereby grants, contributes, conveys, bargains, assigns, transfers, sets over and delivers to Atlas
Management, its successors and assigns, for its and their own use forever, all right, title and
interest of Atlas America in and to (i) 748,456 Class A Units and (ii) the Management Incentive
Interests.

Section 2.3 General Provisions Relating to Assumption of Liabilities.
Notwithstanding anything to the contrary contained in this Agreement including the terms and
provisions of this Article II, none of the Parties shall be deemed to have assumed, and none of the
Transferred Assets have been or are being contributed subject to, (a) any liens or security
interests securing consensual indebtedness covering any of
the Transferred Assets, except for encumbrances permitted by this Contribution Agreement, and
all such liens and security interests shall be deemed to be excluded from the assumptions of
liabilities made under this Article II or (b) any of the liabilities covered by the indemnities set
forth in this Contribution Agreement to the extent such liabilities are covered by such
indemnities, and all such liabilities shall be deemed to be excluded from the assumptions of
liabilities made under this Article II to the extent that such liabilities are covered by such
indemnities.

Section 2.4 Public Cash Contribution. The Parties acknowledge a capital
contribution by the public through the Underwriters to Atlas Energy of $132,825,000 in cash
($123,530,413 after the Spread of $8,298,400 and the structuring fee of $996,187) in exchange for
6,325,000 Common Units.

Section 2.5 Specific Conveyances. To further evidence the contributions and
conveyances of the Transferred Assets, each party making such contribution and conveyances may have
executed and delivered to the party receiving such contribution certain conveyance, assignment and
bill of sale instruments (the “Specific Conveyances”). The Specific Conveyances shall
evidence and perfect such sale and contribution made by this Contribution Agreement and shall not
constitute a second conveyance of any assets or interests therein and shall be subject to the terms
of this Contribution Agreement.

Section 2.6 Payment of Transaction Expenses by Atlas Energy. The Parties
acknowledge (a) the payment by Atlas Energy, in connection with the transactions contemplated
hereby, of estimated transaction expenses in the amount of $1.8 million (exclusive of the Spread
and the structuring fee) and (b) the distribution by Atlas Energy of $121,730,000 to Atlas America,
in part as a reimbursement of certain capital expenditures incurred with respect to the Transferred
Assets.

5

 

Section 2.7 Issuance of New Certificates. At the Closing, Atlas Energy shall issue to
each of Atlas America and Atlas Management a certificate or certificates, which may be held in book
entry form, representing the number of Common Units and Class A Units to be issued to each of them
pursuant to this Article II. Each such certificate shall be registered in the name of the Person or
Persons specified by the recipient thereof to Atlas Energy in writing at least two Business Days
prior to the Closing.

Section 2.8 Certificate Legends. The certificates evidencing the Common Units and
Class A Units shall bear a legend substantially in the form set forth below and containing such
other information as Atlas Energy may deem necessary or appropriate:

The Securities Represented Hereby Have Not Been Registered Under The Securities
Act Of 1933 , As Amended, Or Any State Securities Laws, And Neither The Securities
Nor Any Interest Therein May Be Offered, Sold, Transferred, Pledged Or Otherwise Disposed Of
Except Pursuant To An Effective Registration Statement Under Such Act And Such Laws Or
Pursuant To An Exemption Therefrom Which, In The Opinion Of Counsel For The Holder, Which
Counsel And Opinion Are Reasonably Satisfactory To Counsel For This Company, Is Available.

ARTICLE III

GATHERING AGREEMENT

Section 3.1 Assumption of Obligations by Atlas America. Atlas America hereby
expressly assumes, for itself and its successors and assigns, the obligations of each of the Atlas
Energy, Energy Operating and the Subsidiaries, as they may appear, to timely pay gathering fees to
APL under Article 7 and 8 of the Gathering Agreement accruing from and after the Closing Date and
agrees to keep, perform and observe all of the covenants and conditions contained therein on the
part of any of them to be kept, performed and observed from and after the Closing Date.

Section 3.2 Assignment by Atlas Energy. Each of Atlas Energy and Energy
Operating, on their own behalf and on behalf of the Subsidiaries, hereby irrevocably assigns, sets
over, transfers and conveys to Atlas America all of the right, title and interest of any of them in
and to all of the gathering fees (i) accruing to any of them from the Investment Programs or (ii)
attributable to the production interest of Atlas Energy, Energy Operating or any of the
Subsidiaries for gas gathered from and after the Closing Date pursuant to the Gathering Agreement
(the “Assigned Amounts”). Each of Atlas Energy and Energy Operating shall pay, and shall
cause each of the Subsidiaries to pay, the Assigned Amounts to Atlas America within 15 Business
Days after the end of the month in which received by them.

6

 

ARTICLE IV

ADDITIONAL TRANSACTIONS

Section 4.1 Over-Allotment Option. The Parties acknowledge that the Underwriters
exercised their option to purchase additional Common Units (the “Option”) in whole and that
the public, through the Underwriters, contributed additional cash of $19,923,750 in cash
($18,529,562 after the Spread of $1,244,760 and the structuring fee of $149,428) to Atlas Energy in
exchange for an additional 948,750 Common Units.

Section 4.2 Redemption of Common Units by Atlas Energy. The Parties acknowledge
that Atlas Energy will use the net proceeds from the issuance of the additional Common Units
pursuant to the exercise of the Option to redeem 948,750 Common Units from Atlas America at a
redemption price equal to the same net price received by Atlas Energy from the Underwriters.

ARTICLE V

REPRESENTATIONS AND WARRANTIES

Section 5.1 Representations and Warranties of Atlas America. Atlas America hereby
represents and warrants to Atlas Energy and Energy Operating as follows as of the date of this
Contribution Agreement:

(a) Status of Atlas America. Atlas America has been duly incorporated and
is validly existing and 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.

(b) Title to Subsidiaries. Atlas America owns 100% of the issued and
outstanding equity interests in the Subsidiaries; the Subsidiaries own 100% of the issued and
outstanding equity interests in their subsidiaries as set forth on Schedule 1; and
all such equity interests have been duly authorized and validly issued in accordance with the
charter documents of the relevant entity, and Atlas America and the Subsidiaries own their
respective equity interests free and clear of all liens, claims, options, charges,
encumbrances or restrictions of any kind. There are no outstanding warrants, options,
agreements, convertible or exchangeable securities, phantom stock or other commitments
pursuant to which any Subsidiary or any of their subsidiaries is or may become obligated to
issue, sell, purchase, return or redeem any shares of capital stock or other securities and
no equity securities of any Subsidiary or any of their subsidiaries are reserved for issuance
for any purpose.

(c) Corporate Action/Enforceability. All corporate action required to be
taken by Atlas America or any of its securityholders for the authorization, execution and
delivery of this Contribution Agreement and the consummation of the transactions contemplated
by this Contribution Agreement and the Pre-Closing Actions have been validly taken. This
Contribution
Agreement constitutes the valid and binding obligations of Atlas America, enforceable in
accordance with its terms except as such enforceability may be limited by applicable
bankruptcy or other similar laws affecting the rights and remedies of creditors generally as
well as by general principles of equity (regardless of whether such enforceability is
considered in a proceeding in equity or at law).

7

 

(d) Conflicts. None of the (i) the execution, delivery and performance of this
Contribution Agreement by Atlas America, or (ii) consummation of the transactions
contemplated hereby and the Pre-Closing Actions by Atlas America (A) conflicts or will
conflict with or constitutes or will constitute a violation of Atlas America’s or any member
of the Atlas Energy Group’s certificate of incorporation, bylaws or other organizational
documents, (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 Atlas America or any member of the Atlas
Energy Group is a party or by which Atlas America’s or any member of the Atlas Energy Group’s
properties may be bound, (C) violates or will violate any statute, law or regulation or any
order, judgment, decree or injunction of any Authority having jurisdiction over Atlas America
or any member of the Atlas Energy Group or any of their respective 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 Atlas America or any member of the Atlas Energy Group, 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 hereby or (ii) the ownership and use by Atlas Energy, Energy Operating and the
Subsidiaries of the Atlas Energy Assets at or after the Closing Date (a “Material Adverse
Effect”).

(e) Consents. No permit, consent, approval, authorization, order,
registration, filing or qualification of or with any Authority having jurisdiction over Atlas
America, any member of the Atlas Energy Group or any of their respective properties or by any
other third party is required in connection with (i) the execution, delivery and performance
of this Contribution Agreement by Atlas America, or (ii) the consummation by Atlas America of
the transactions contemplated by this Contribution Agreement and the Pre-Closing Actions,
except for such consents that have been obtained or as to which the lack thereof is not
reasonably likely to have a Material Adverse Effect.

(f) Title to Property. Upon Closing, one or more members of Atlas
Energy Group will have:

(i)(A) good and defensible title to the producing oil and gas property
interests (including the wells and the working and net revenue interests attributable
thereto) (the “Wells”) included in the Atlas America reserve report, dated
March 31, 2006, included in Registration Statement (the “Reserve Report”),
subject only to encumbrances that do not materially adversely affect the value of such
oil and gas property interests or the ability of the Atlas Energy Group to operate such
oil and gas property interests in substantially the same manner as they were operated
immediately prior to the Closing Date and (B) good and defensible title to each oil and
gas lease as to which proved undeveloped reserves were included in the Reserve Report
(the “Leases”), subject only to encumbrances that do not materially adversely
affect the value of any such Lease or, in the event that the Atlas Energy Group does
not have good and defensible title to such Lease (each, a “Defective Lease”),
then (1) the Atlas Energy Group has good and defensible title to an oil and gas lease
as to which no reserves were indicated therefor in the Reserve Report (each, a
“Substitute Lease”), (2) one or more drilling locations have been identified
for such Substitute Lease as of the date hereof, (3) the Atlas Energy Group has a
reasonable expectation that it will drill a well on one or more of such drilling
locations on the Substitute Lease within the 24 months following the date hereof, (4)
the Atlas Energy Group has a reasonable expectation that the wells expected to be
drilled at such locations on the Substitute Lease within such 24-month period are
generally comparable in reserve potential to the reserves assigned to such
Defective Lease in the Reserve Report and in costs and (5) such Substitute Lease is not
and has not been otherwise utilized for purposes of this clause (B) with respect to
another Defective Lease;

8

 

(ii) good title to the general partner interests and the limited partner interests
in the Investment Programs as set forth on Schedule 5.1(f)(ii);

(iii) good and marketable title in fee to all real property and interests in
real property purported to be owned in fee by any of them other than the Leases and
Wells (individually, a “Owned Property”) as set forth on Schedule
5.1(f)(iii);

(iv) good title to the leasehold estates in all real property, personal
property and interests in such property purported to be leased by any of them other
than the Leases and Wells (individually, a “Leased Property”) as set forth on
Schedule 5.1(f) (iv);

(v) good title to all equipment, fixtures and other personal property
purported to be owned by any of them other than the Wells; and

(vi) valid and indefeasible easement rights or fee ownership interests in and
to the lands on which any Atlas Energy Asset is located as of the Closing Date;

(in each case) subject only [to matters contained in the instruments of conveyance
covering the Transferred Assets to evidence such contribution and conveyance and] to
encumbrances and defects that do not materially adversely affect the value of the Atlas
Energy Assets or the ability of the Atlas Energy Group to own and operate the Atlas Energy
Assets in substantially the same manner as they were operated immediately prior to the
Closing Date. Except as would not reasonably be expected to have a Material Adverse Effect,
the Leases and all of the leases for the Leased Property are valid and in full force and
effect, and there does not exist any default or event that with notice or lapse of time, or
both, would constitute a default by any of Atlas America, or any member of the Atlas Energy
Group under any of them, and to the knowledge of Atlas America, there does not exist any
default or event that with notice or lapse of time, or both, would constitute a default by
any other party under any of them.

9

 

(g) Equipment and Improvements. The equipment and improvements located on the
Leases (or lands pooled therewith), Owned Property and Leased Property are in compliance with
all applicable laws and orders, and are in reasonable and serviceable condition and repair,
normal wear and tear excepted, except for any such non-compliance which would not reasonably
be expected to have a Material Adverse Effect. Neither the Owned Property or the Leased
Property nor the use or occupancy thereof by Atlas America or any member of the Atlas Energy
Group violates in any way any applicable laws, orders, permits, covenants, conditions and
restrictions, whether federal, state, local or, to Atlas America’s knowledge, private, except
for any such violation which would not reasonably be expected to have a Material Adverse
Effect.

(h) Intellectual Property. Schedule 5.1(h) contains a true and
complete list and brief description of all patents, trademarks, service marks, trade names,
and copyrights (whether or not such trademarks, trade names, service marks and copyrights are
registered), and all pending applications therefor, if any, owned by any member of the Atlas
Energy Group or in which any member of the Atlas Energy Group has any rights or licenses. No
other patents, trademarks, trade names, service marks or copyrights are reasonably necessary
for the conduct of the Business in substantially the same manner as presently operated. To
Atlas America’s knowledge, there is no
infringement or alleged infringement by any person of any such trademark, service mark,
trade name, copyright or patent. Neither Atlas America nor any member of the Atlas Energy
Group has received any notice from any person alleging any of them is infringing upon, and,
to Atlas America’s knowledge, none of Atlas America or any member of the Atlas Energy Group
has infringed and is not now infringing on, any trademark, service mark, trade name,
copyright or patent belonging to any other person.

(i) Compliance with the Laws. Atlas America and the members of the Atlas
Energy Group have complied with all, and are not in violation of any, applicable laws,
permits and orders (including, any applicable building, zoning, environmental protection,
water use or law, ordinance, or regulation) affecting the ownership or operation of the
Business or the Transferred Assets, except for any such non-compliance or violation which
would not reasonably be expected to have a Material Adverse Effect.

(j) Environmental.

(i) Definitions. For purposes of this Contribution Agreement, the
following terms shall have the following meanings:

(A) The term “Environmental Law(s)” means each and every law,
statute, rule, regulation, order, permit, or similar requirement of each and
every Authority and common law now or hereinafter in effect, pertaining to
protection of the environment, including (1) the protection of human health,
safety, the environment, natural resources and wildlife or (2) the management,
manufacture, possession, presence, use, generation, transportation, treatment,
storage, disposal, Release, threatened Release, abatement, removal, remediation
or handling of, or exposure to, any Hazardous Substance, including the Superfund
Amendments Reauthorization Act and the Resource Conservation and Recovery Act or
(3) pollution, including, as amended, CERCLA, the Solid Waste Disposal Act, 42
U.S.C. Section 6901 et seq., the Clean Air Act, 42 U.S.C. Section 7401 et seq.,
the Toxic Substances Control Act, the Oil Pollution Act, the Safe Drinking Water
Act, the Hazardous Materials Transportation Act and the Federal Water Pollution
Control Act, 33 U.S.C. Section 1251, et seq.

10

 

(B) The term “Hazardous Substance” means any substance which is (1)
designated, classified or defined as a hazardous substance, hazardous material,
hazardous waste, pollutant or contaminant under any Environmental Laws, (2) a
petroleum hydrocarbon, including crude oil or any fraction thereof, (3)
hazardous, toxic, corrosive, flammable, explosive, infectious, radioactive or
carcinogenic or (4) regulated pursuant to any Environmental Laws.

(C) The term “Release” means any spilling, leaking, pumping,
pouring, emitting, emptying, discharging, injecting, escaping, leaching, dumping,
or disposing into the environment (including the abandonment or discarding of
barrels, containers, and other receptacles containing any Hazardous Substance).

(ii) Compliance with Environmental Laws. Except as would not
reasonably be expected to have a Material Adverse Effect, Atlas America, with respect
to the Assets, and each member of the Atlas Energy Group have been and are in
compliance with all applicable Environmental Laws, and there has been and is no
liability against Atlas America or any member of the Atlas Energy Group under any
applicable Environmental Laws. None of Atlas America or any member of the Atlas Energy
Group has any knowledge of any facts or circumstances concerning any alleged violation
or liability arising under any Environmental
Law with respect to the Owned Property, the Leased Property, the Leases (or any
lands pooled therewith), the Wells or the Business.

(iii) No Release of Hazardous Substances. Except in accordance with
applicable Environmental Laws or as would not reasonably be expected to have a Material
Adverse Effect, there has been no Release or threatened Release by any member of the
Atlas Energy Group or, with respect to the Assets, Atlas America, or, to Atlas
America’s knowledge, by any other person of any Hazardous Substance existing on,
beneath or from the surface, subsurface, ground water, sediment, rivers or other bodies
of water associated with the Owned Property, the Leased Property, the Leases (or any
lands pooled therewith) or the Wells.

(iv) Permits. Except as would not reasonably be expected to have a
Material Adverse Effect, all permits required by or issued pursuant to any
Environmental Law for the ownership, use or operation of the Owned Property, the Leased
Property, the Leases or the Wells by any of Atlas America, or any member of the Atlas
Energy Group have been obtained in a timely manner and are presently maintained in full
force and effect. The operations of Atlas America, and any member of the Atlas Energy
Group are in material compliance with all terms and conditions of such Permits. None of
Atlas America or any member of the Atlas Energy Group has received any notice or other
communication and has any knowledge of any facts or circumstances concerning any
alleged violation of any such Permits.

11

 

(v) No Proceedings. There exists no Order, notice of violation, nor any
suit, claim, proceeding, citation, directive, summons, investigation, information
request or other notice pending or, to the knowledge of Atlas America, threatened
pursuant to any Environmental Law relating to (A) any of Atlas America’s or any member
of the Atlas Energy Group’s ownership, lease, occupation or use of the Owned Property,
the Leased Property, the Leases (or any lands pooled therewith) or the Wells, (B) any
alleged violation of, or liability under, any Environmental Law by any of Atlas America
or any member of the Atlas Energy Group, or (C) to Atlas America’s knowledge, the
suspected presence, Release or threatened Release of any Hazardous Substance on, under,
in or from the surface, subsurface, groundwater, sediment, rivers or other bodies of
water associated with the Owned Property, the Leased Property, the Leases (or lands
pooled therewith) or the Wells, nor does there exist any valid basis for any such
Order, suit, claim, proceeding, citation, directive, summons investigation, information
request, notice of violation, or other notice.

(k) Material Contracts. Excluding any Leases and except as set forth in
Schedule 5.1(k), none of the Atlas Energy Group and, to the knowledge of Atlas
America, no other party is in material breach or default of any material contract included
within the Atlas Energy Assets, including any material contract of any of the Atlas Energy
Group.

(l) No Suspense. Except as set forth in Schedule 5.1(l), to the
knowledge of Atlas America, proceeds from the sale of all oil, condensate and gas produced
from the Atlas Energy Assets are being received by a member of the Atlas Energy Group and are
not being held in suspense by a third party for any reason. Schedule 5.1(l) also
lists all the amounts held in suspense by Atlas America or any member of the Atlas Energy
Group with respect to any oil and gas proceeds attributable to their respective properties
and assets.

(m) Imbalances. Except as set forth in Schedule 5.1(m), there
exists no imbalance regarding production taken or marketed from any Lease in which any member
of the Atlas Energy Group has an interest or which is included in the Assets (or from lands
pooled with any such Lease) which could result in (i) a portion of any member of the Atlas
Energy Group’s interest in production therefrom (in the case of any Lease) to be taken or
delivered from or after the Closing Date without
such entity receiving payment therefor and at the price it would have received absent
such imbalance; (ii) any such entity being obligated to make payment to any person or entity
as a result of such imbalance; or (iii) production being shut-in or curtailed from or after
the Closing Date due to non-compliance with allowables, production quotas, proration rules,
or similar orders or regulations of Authorities; and no such entity will be obligated, by
virtue of any prepayment arrangement, take-or-pay agreement, or similar arrangement, to
deliver hydrocarbons produced from the Atlas Energy Assets at some future time without then
receiving full payment therefor.

12

 

(n) Transfer Restrictions. Except as set forth in Schedule 5.1(n), there
are no preferential rights of purchase that are applicable to the transactions contemplated
hereby.

(o) Seismic Data. No fees will be due and owing in connection with the
transactions contemplated hereby under any agreement covering any seismic records, shot
points, field notes, interpretations, and geological and geophysical information held by
Atlas America or any member of the Atlas Energy Group.

(p) Plugging and Abandonment Obligations. Except as set forth in
Schedule 5.1(p), there are no Wells located any of the Leases (or lands pooled
therewith) in which Atlas America or any member of the Atlas Energy Group has an interest
where such entity is currently required by law or contract to plug and abandoned.

(q) Royalties and Rentals. Except for revenues which are being suspended in
accordance with applicable law and except to the extent not reasonably likely to have a
Material Adverse Effect, all royalties, excess royalties, overriding royalty interests, net
profit interests, production payments, and other interests burdening production from or
attributable to the Atlas Energy Assets have been properly and timely paid.

ARTICLE VI

FURTHER ASSURANCES

Section 6.1 Further Assurances. (a) From time to time from and after the date of
this Contribution 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 (i) 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 (ii) 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, including the Assets and to more
fully and effectively carry out the purposes and intent of this Contribution Agreement.

(b) Within a reasonable time after the date of this Contribution Agreement, and
without any further consideration, Atlas America agrees to cause to be delivered to Atlas
Energy true and complete executed copies of (i) all the agreements of limited partnership of
the Investment Programs, (ii) all the drilling operating agreements of the Investment
Programs and (iii) any other material agreements to which any of the Investment Programs is a
party (collectively, the “Investment Program Documents”), in the case of each of
clauses (i) through (iii), that were not executed or made available to Atlas Energy as of the
date of this Contribution Agreement.

13

 

Section 6.2 Other Assurances. From time to time after the date of this Contribution
Agreement, and without any further consideration, each of the Parties shall execute, acknowledged
and deliver all such additional instruments, notices and other documents, and will do all such
other acts and things, all in accordance with applicable law, as may be necessary or appropriate to
more fully and effectively carry out the purposes and intent of this Contribution Agreement.
Without limiting the generality of the foregoing, the Parties acknowledge that the Parties have
used their good faith efforts to identify all the assets being contributed to the Atlas Energy
Group as required in connection with the Offering. However, due to the age of some of those assets
or the difficulties in locating appropriate data with respect to some of the assets, it is possible
that assets intended to be contributed to the Atlas Energy Group were not identified and therefore
are not included in the Assets. It is the express intent of the Parties that the Atlas Energy Group
will own all assets of the Business as of the Closing Date and as described in the Registration
Statement. To the extent any assets were not identified but are necessary to the operation of
assets that were identified, then the intent of the Parties is that all such unidentified assets
are intended to be conveyed to the appropriate members of the Atlas Energy Group. To the extent
such assets are identified at a later date, the Parties shall take the appropriate actions required
in order to convey all such assets to the appropriate members of the Atlas Energy Group. Likewise,
to the extent that assets are identified at a later date that were not intended by the Parties to
be conveyed as reflected in the Registration Statement, the Parties shall take the appropriate
actions required in order to convey all such assets to the appropriate party.

ARTICLE VII

INDEMNIFICATION

Section 7.1 Survival of Representations and Warranties. The representations and
warranties of Atlas America contained in Section 5.1 shall survive the Closing; provided that those
contained in Section 5.1(f)(i) shall expire three years following the Closing Date; those contained
in Section 5.1(b) shall survive indefinitely; and all others shall expire one year following the
Closing Date.

Section 7.2 Environmental Indemnification. Atlas America shall indemnify, defend
and hold harmless the Atlas Energy Group for a period of one year after the Closing Date from and
against environmental and Toxic Tort losses (including economic losses, diminution in value
suffered by third parties, and lost profits), damages, injuries (including personal injury and
death), liabilities, claims, demands, causes of action, judgments, settlements, fines, penalties,
costs, and expenses (including court costs and reasonable attorney’s and expert’s fees) of any and
every kind or character, known or unknown, fixed or contingent, suffered or incurred by the Atlas
Energy Group or any third party by reason of or arising out of:

(a) any violation or correction of violation of Environmental Laws associated with
the ownership or operation of the Atlas Energy Assets, or

(b) any event or condition associated with ownership or operation of the
Transferred Assets (including the presence of Hazardous Substances on, under, about or
migrating to or from the Atlas Energy Assets or the disposal or release of Hazardous
Substances generated by operation of the Atlas Energy Assets at non-Atlas Energy Asset
locations) including (i) the cost and expense of any investigation, assessment, evaluation,
monitoring, containment, cleanup, repair, restoration, remediation, or other corrective
action required or necessary under Environmental Laws, (ii) the cost or expense of the
preparation and implementation of any closure, remedial, corrective action, or other plans
required or necessary under Environmental Laws, and (iii) the cost and expense for any
environmental or Toxic Tort pre-trial, trial, or appellate legal or litigation support work;

14

 

but only to the extent that such violation complained of under Section 7.2(a) or such events or
conditions included under Section 7.2 (b) occurred or existed before the Closing Date
(collectively, “Covered Environmental Losses”).

Section 7.3 Limitations Regarding Environmental Indemnification. The aggregate
liability of Atlas America in respect of all Covered Environmental Losses under Section 7.2 shall
not exceed $25,000,000 and Atlas America will not have any obligation under Section 7.2 until the
Covered Environmental Losses of the Atlas Energy Group exceed $500,000.

Section 7.4 Indemnification by Atlas America. In addition to and not in
limitation of the indemnification provided under Sections 7.2, Atlas America shall indemnify,
defend and hold harmless each member of the Atlas Energy Group and such member’s directors,
officers, members, employees and representatives from and against any losses, damages, liabilities,
claims, demands, causes of action, judgments, settlements, fines, penalties, costs and expenses
(including court costs and reasonable attorney’s fees and expert’s fees) of any and every kind and
character, known or unknown, fixed or contingent, suffered or incurred by the Atlas Energy Group
(“Losses”), insofar as such Losses arise out of or are based upon:

(a) a breach of the representations and warranties of Atlas America set forth in
Section 5.1 hereof;

(b) the failure of Atlas America to perform its obligations under Section 3.1 after
the Closing Date;

(c) currently pending legal actions against the Atlas America and its subsidiaries;

(d) all federal, state and local income tax liabilities attributable to the
operation of the Transferred Assets prior to the Closing Date, including any such income tax
liabilities of Atlas America and its subsidiaries that may result from the consummation of
the formation transactions for the Atlas Energy Group and Atlas Management; or

(e) the failure of Atlas America and its subsidiaries to execute, deliver and
provide to Atlas Energy the Investment Program Documents.

Section 7.6 Indemnification by Atlas Energy. Atlas Energy and Energy Operating,
jointly and severally, shall indemnify, defend and hold harmless Atlas America and such entity’s
directors, officers, members, employees and representatives from and against all Losses (including
court costs and reasonable attorney’s and expert’s fees) of any and every kind or character, known
or unknown, fixed or contingent, suffered or incurred by Atlas America insofar as such Losses arise
out of or are based upon:

(a) the Assumed Liabilities, unless such indemnification would not be permitted
under the Operating Agreement; or

(b) the failure of Atlas Energy to perform its obligations under Section 3.2 after
the Closing Date.

15

 

Section 7.7 Indemnification Procedure.

(a) The indemnified party agrees that within a reasonable period of time after it
becomes aware of facts giving rise to a claim for indemnification under this Article VII, it
will provide notice thereof in writing to the indemnifying party, specifying the nature of
and specific basis for such claim.

(b) The indemnifying party shall have the right to control, at its sole cost and
expense, all aspects of the defense of (and any counterclaims with respect to) any claims
brought against the indemnified party that are covered by the indemnification under this
Article VII, including the selection of counsel, determination of whether to appeal any
decision of any Authority and the settling of any such matter or any issues relating thereto;
provided, however, that no such settlement shall be entered into without the consent of the
indemnified party (which consent shall not be unreasonably withheld), with the concurrence of
the Conflicts Committee of Atlas Energy in the case of the Atlas Energy Group, unless it
includes a full release of the indemnified party from such matter or issues, as the case may
be.

(c) The indemnified party agrees to cooperate fully with the indemnifying party,
with respect to (i) its pursuit of insurance coverage or recoveries with respect to the
claims covered by the indemnification and (ii) all aspects of the defense of any claims
covered by the indemnification, including the prompt furnishing to the indemnifying party of
any correspondence or other notice relating thereto that the indemnified party may receive,
permitting the name of the indemnified party to be utilized in connection with such defense,
the making available to the indemnifying party of any files, records or other information of
the indemnified party that the indemnifying party considers relevant to such defense and the
making available to the indemnifying party of any employees, representatives or agents of the
indemnified party; provided, however, that in connection therewith the indemnifying party
agrees to use reasonable efforts to minimize the impact thereof on the operations of the
indemnified party and further agrees to maintain the confidentiality of all files, records,
and other information furnished by the indemnified party. In no event shall the obligation of
the indemnified party to cooperate with the indemnifying party as set forth in the
immediately preceding sentence be construed as imposing upon the indemnified party an
obligation to hire and pay for counsel in connection with the defense of any claims covered
by the indemnification; provided, however, that the indemnified party may, at its own option,
cost and expense, hire and pay for counsel in connection with any such defense. The
indemnifying party agrees to keep any such counsel hired by the indemnified party informed as
to the status of any such defense, but the indemnifying party shall have the right to retain
sole control over such defense.

(d) The date on which written notification of a claim for indemnification is
received by the indemnifying party shall determine whether such claim is timely made.

16

 

(e) In determining the amount of any loss, cost, damage or expense for which a Person is
entitled to indemnification under this Contribution Agreement, the gross amount of any such
indemnification will be reduced by (i) any insurance proceeds realized by the indemnified
Person, and such correlative insurance benefit shall be net of any incremental insurance
premiums that become due and payable by the indemnified Person as a result of such claim and
(ii) all amounts recovered by the indemnified Person under contractual indemnities from third
Persons.

ARTICLE VIII

MISCELLANEOUS

Section 8.1 Costs. Atlas Energy and Energy Operating shall pay all expenses, fees
and costs, including all sales, use and similar taxes arising out of the contributions, conveyances
and deliveries to be made hereunder and shall pay all documentary, filing, recording, transfer,
deed, and conveyance taxes and fees required in connection therewith.

Section 8.2 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,” “herein”
and “hereunder” and words of similar import, when used in this Contribution Agreement, shall refer
to this Contribution Agreement as
a whole, including 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 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 8.3 Successors and Assigns. The Contribution Agreement shall be binding
upon and inure to the benefit of the Parties and their respective successors and permitted assigns.

Section 8.4 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 8.5 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 8.6 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.

17

 

Section 8.7 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 8.8 Amendment or Modification. This Contribution Agreement may be amended
or modified from time to time only by the written agreement of all the Parties; provided, however,
that Atlas Energy may not, without the prior approval of the Atlas Energy conflicts committee,
agree to any amendment or modification that, in the reasonable discretion of Atlas Energy, will
adversely affect the holders of Atlas Energy common units. Each such instrument shall be reduced to
writing and shall be designated on its face as an Amendment to this Contribution Agreement.

Section 8.9 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.

Section 8.10 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.

[signature page follows]

18

 

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

	 	 	 	 	 
	 	ATLAS AMERICA, INC. 

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	ATLAS ENERGY RESOURCES, LLC 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	ATLAS ENERGY OPERATING COMPANY, LLC 

 	 
	 	By:  	Atlas Energy Resources, LLC, its sole member
 	 
	 	 	 
	 	By:  	
 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

19

 

SCHEDULE 1

Subsidiaries Contributed

Viking Resources, LLC, a Pennsylvania limited liability company

AIC, LLC, a Delaware limited liability company

Subsidiaries:

Atlas Energy Ohio, LLC, an Ohio limited liability company

Atlas Resources, LLC, a Pennsylvania limited liability company

Anthem Securities, Inc., a Pennsylvania corporation

Resource Energy, LLC, a Delaware limited liability company

Subsidiaries:

REI-NY, LLC, a Delaware limited liability company

Resource Well Services, LLC, a Delaware limited liability company

Atlas Noble, LLC, a Delaware limited liability company

Atlas America, LLC, a Pennsylvania limited liability company

AER Pipeline Construction, Inc., a Delaware corporation

 

SCHEDULE 2

Assets Contributed

	 	 	 	 	 
	 	 	State of	 	 
	Entity	 	Formation	 	Equity Interest
	AIC, LLC

	 	DE
	 	Membership interest
	Atlas Noble, LLC

	 	DE
	 	Membership interest
	Atlas America, LLC

	 	PA
	 	Membership interest
	AER Pipeline Construction, Inc.

	 	DE
	 	1000 shares
	Viking Resources, LLC

	 	DE
	 	Membership interest
	Resource Energy, LLC

	 	DE
	 	Membership interest

 

 

	1.	 	Gas Purchase Agreement by and between Northeast Ohio Gas
Marketing, Inc., and Atlas Energy Group, Inc., Atlas Resources,
Inc. and Resource Energy, Inc., dated March 31, 1999 (GS-226); as
amended by Assignment and Novation of Transactions by FirstEnergy
Solutions Corp. (Assignor) to Amerada Hess Corporation, effective
April 1, 2005 (GS-226)
	 
	2.	 	Base Contract for Sale and Purchase of Natural Gas entered into by
and between Open Flow Gas Supply Corporation and Atlas America,
Inc., dated June 5, 2006 (GS-515)
	 
	3.	 	Base Contract for Sale and Purchase of Natural Gas entered into by
and between Atlas America, Inc. and South Jersey Resources Group,
LLC, dated September 12, 2006 (GS-518)
	 
	4.	 	Base Contract for Sale and Purchase of Natural Gas entered into by
and between Equitable Gas Company, a div. of Equitable Resources,
Inc. and Atlas America, Inc., dated October 1, 2006 (GS-519)
	 
	5.	 	Fifth Amendment to Gas Purchase Agreement by and between Atlas
Energy Group Inc and WCI Steel dated July 6, 2004
	 
	6.	 	Exhibit B dated November 1, 2003 to Gas Purchase Agreement dated
October 1, 2001 by and between Northeast Ohio Natural Gas
Corporation and Atlas Energy Group (GS-223)
	 
	7.	 	Agreement dated as of November 3, 1997 by and between Weinsz Oil &
Gas, Inc., and Atlas Energy Group, Inc.
	 
	8.	 	Operating Agreement dated as of February 17, 1995 by and between
Atlas Energy Group, Inc., and D&L Energy, Inc.
	 
	9.	 	Operating Agreement dated as of February ___, 1999 by and
between D&L Energy, Inc., and Atlas Energy Group, Inc.

 

 

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Unit #	 	Year	 	Make	 	Model	 	Vin#	 	Location	 	Department
	346

	 	 	2003	 	 	Chevrolet
	 	1500HD 4x4 W.T.
	 	1GCEK14VX3Z156915
	 	Deerfield
	 	Production
	348

	 	 	2003	 	 	Chevrolet
	 	1500HD 4x4 W.T.
	 	1GCEK14V03E155148
	 	Deerfield
	 	Production
	350

	 	 	2003	 	 	Chevrolet
	 	1500HD 4x4 W.T.
	 	1GCEK14V53Z144803
	 	Deerfield
	 	Production
	356

	 	 	2003	 	 	Chevrolet
	 	1500HD 4x4 W.T.
	 	1GCEK14V73Z261685
	 	Fayette
	 	Production
	362

	 	 	2003	 	 	Chevrolet
	 	2500HD 4x4 W.T.
	 	1GCHK24U63E312174
	 	Fayette
	 	Drilling
	364

	 	 	2003	 	 	Honda
	 	TRX-250-4x4 ATV
	 	478TE210334303384
	 	Deerfield
	 	Production

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}]]